Hello <span>Gabbypittman20!
Answer:This answer is very tricky...but at least you have a teacher to help you.
</span><span>The answer to this question would
buy new clothes before buying a computer. Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.
FLVS teacher,
~Sarah Bunkly
</span>
Answer:
The correct answer is "nominal GDP measures the value of output in current-year prices, while real GDP measures output using constant prices."
Explanation:
The real GDP growth is the value of all goods produced in a given year; nominal GDP is the value of all the goods taking price changes into account.
The nominal GDP is the value of all the final goods and services that an economy produced during a given year. It is calculated by using the prices that are current in the year in which the output is produced. The nominal GDP takes into account all of the changes that occurred for all goods and services produced during a given year. For example, a nominal value can change due to shifts in quantity and price.
The real GDP is the total value of all of the final goods and services that an economy produces during a given year, accounting for inflation. It is calculated using the prices of a selected base year.
The correct answer is "nominal GDP measures the value of output in current-year prices, while real GDP measures output using constant prices."
Answer:
D
Explanation:
Substancial performance is a terminology used in contract law. It actually means the degree of performance of a contract work which is not completely or fully finished,but is so nearly equivalent that it would be unfair to deny the contractor the payment agreed upon in the contract. The owner has a right to recover whatever damages he has incurred by reason of the contractor's failure to render full and complete performance.
Building Restoration must have at least substantially performed the it's side of a bargain before they can call on the CasualDining,Inc to perform the their side of the bargain e.g. by paying an agreed amount. What actually constitute substantial performance depends on the circumstances.
Answer:
- 5,000 watches : $150,000 loss
- 20,000 watches: $60,000 (Loss)
- Break-even point = 30,000 units
- if the selling price rises to 32 = break even points descends to 10,588 units
- If the selling price rises to $32 but variable costs rises to $26 , the break even point goes back to 30,000units.
Explanation:
Hi, to answer this question we have to apply the next formula:
Profit = Revenue -cost
Where the revenue is equal to the units sold (x) multiplied by the selling price,
R = 21 x
And cost is equal to the sum of the fixed and variable costs.
C = 15x + 1800
So:
P = 21x-(15x +180,000)
P = x ( 21-15)- 180,000
P = 5000(21-15)-180,000
P = 5000(6) -180,000
P= 30,000-180,000
P=-$150,000 (loss , since is negative )
P = 20,000(6) -180,000
P = 120,000-180,000
P=-$60,000 (Loss)
- To find the break even point:
R = C
21x = 15x + 180,000
21x-15x =180,000
6 x = 180,000
x = 180,000/6
x =30,000 units
- if the selling price rises to 32
32x = 15x + 180,000
32x-15x = 180,000
17x =180,000
x = 180,000/17
x = 10,588 units
It descends,
- If the selling price rises to $32 but variable costs rises to $26
32x = 26x+180,000
32x-26x = 180,000
6x = 180,000
x = 180,000/6
x =30,000
The break-even point comes back to 30,000 units.
Answer:
Industrial supply company scenario:
- The company wants to create a data warehouse where management can obtain a single corporate-wide view of critical sales information to identify best-selling products in specific geographic areas, key customers, and sales trends.
- The sales and product information are stored in both a divisional sales system running on a Unix server and a corporate sales system running on an IBM mainframe.
- The desire is to create a single standard format that consolidates these data from both systems.
Business problems:
- A business problem that can arise from not having these data in a single standard format is that employees will see the data as inconsistent.
- It is difficult to make business decisions if the data is unreliable, inaccurate, or redundant.
- The product descriptions are formatted differently so managers and employees might get confused when it is entered into the system.
- Also, the system identifies the sales by territory in the United States so it would be impossible to identify the sales or even around the world.
- The corporate sales system also lacks a way to identify the identification of the customer.
- Both sales system should be consistent with the information in order to prevent redundancies or inaccuracies.
How easy it would be to create a database with a single standard format:
- Creating a database with a single standard format would ideally be easy.
- Data quality audits and data cleansing should be performed when constructing the new database.
- Data quality audits and data cleansing would correct any redundancies and inaccuracies in the current systems.
- By using data-cleansing software, the company can combine and integrate the data from all the systems into a single standard format that is uniform throughout the whole company.
Problems that should be addressed:
- A problem that should be addressed is the product description and sales territory tags.
- These tags have different formats which could lead to inconsistencies in the data.
- The names would have to be changed so that they are the same format and are only entered once in the new single standard format database.
- Another problem that would have to be addressed is keeping both the division and customer id tags in the new database.
- This would provide more information for each entry and would limit any confusion among the employees.
Database specialists:
- Database specialists will help solve the problems by performing the data quality audits and data cleansing.
- They will also help in establishing an information policy and developing the new database.
- They are also responsible for the specific policies and procedures through which data can be managed as an organizational resource.
- This involves overseeing logical database design and data dictionary development, planning for data, and monitoring how information systems specialists and end-user groups use data.
General business managers:
- General business managers would have the final say when managing data resources.
- They would be responsible for defining and organizing the structure and content of the database and maintaining the database.
Who should have the authority?
- The general business managers should have the authority because they are responsible for the data.
- This would mean that even though they allow database specialists to establish an information policy and develop the new database, the managers are the ones who have to approve the final product in order for it to be implemented company-wide.
- The managers are the ones whose reputations are on the line when a company succeeds or fails, so they should have the final authority.
