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Vikentia [17]
2 years ago
4

Homespar is an e-commerce site that sells home décor and kitchenware. It sources all its wooden articles, such as coasters, serv

ing trays, and photo frames, from a rural carpentry firm because the firm charges much lower prices than other carpentry firms. The firm is also reliable in terms of quality and delivery time. In the context of the specific environment, which of the following concepts does this scenario best illustrate?
Business
1 answer:
Georgia [21]2 years ago
4 0

Answer:

The scenario that best illustrates is supplier dependence.

Explanation:

Supplier Dependence is the degree to which a company relies on the supplier. It relies on that particular supplier because the product of the supplier is quite important to that company and company finds it difficult to find other resources for that product.

In the given scenario, Home spar sources its wooden articles from a rural carpentry firm. This firm has good quality products and charges Home spar lower than other firms. It also delivers its products on time. Thus, this concept illustrates supplier dependence as Home spar is dependent on rural carpentry firm for its products.

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Theresa leased a one-bedroom apartment from Landlady for one year at $500 per month. After three months, she vacated the apartme
LenaWriter [7]

Answer:

She owes 4500 because she leased the apartment for 1 year and her yearly total would be 6,000 but since she left after three months the amount she paid was 1,500 and 6,000 - 1,500 is 4,500 that is how much she owes.

Explanation:

I hope this helped have a great day!

5 0
2 years ago
Use the information presented in Midwestern Mutual Bank's balance sheet to answer the following questions. Bank’s Balance SheetA
shtirl [24]

Answer:

Midwestern Mutual Bank's Balance Sheet

Equity:

Owners' Equity - $100

Liabilities:

Deposits $1,200

Debts $200

Total - $1,400

Equity and Liabilities = $1,500

Assets:

Reserves - $150

Loans $600

Securities $750

Total Assets - $1,500

a) If a new customer adds $100 to his account, this would increase the loans account with $100 and the deposits account with $100.

b) The leverage ratio is the measure of the bank's core capital to total assets.

Old leverage ratio = 100 / 1500 x 100% = 6.67%

The new leverage ratio is 100 / 1600 x 100% = 6.25%.

c) The intended goal of capital requirement is protect the interests of those who hold equity in the bank.

Explanation:

Banks are highly leveraged.  This means that they usually maintain high leverage ratios.  The liabilities are always much compared to the capital.

Leverage ratio is the ratio of a bank's core capital (shareholders equity) to its total assets.

This is why the Federal Reserve introduces capital requirements for banks.  This tries to protect shareholders' equity that is usually written down when leverage ratios increase.  This is because the capital portion of assets to which the debts are tied can be written down, but the debts cannot.

7 0
2 years ago
Individual employees have little influence over ethical expectations and behavior.a. Trueb. False
Oksana_A [137]

Answer:

False.

Explanation:

In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.

Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.

5 0
2 years ago
A bank has $8,000 in deposits and $6,000 in loans. it has loaned out all it can given the reserve requirement. it follows that t
True [87]
<span>The reserve requirement, which is also referred to as the cash reserve ratio, is 25 percent. This is calculated by subtracting the $6,000 loaned out from the bank's $8,000 in deposits, yielding a reserve of $2,000. The reserve requirement is calculated by dividing $2,000 by $8,000.</span>
4 0
2 years ago
The newborn's vision is estimated to be _____ on the snellen eye examination chart. 20/20 20/200 20/600 20/1200
Nimfa-mama [501]
Snellen chart is an eye chart that can be used to measure visual acuity by determining the level of visual detail that a person can discriminate. The newborn's vision is estimated to be 20/200 on the Snellen eye examination chart. This means the new born can see at 20 feet what a normal adult can see at 200 feet. 
6 0
2 years ago
Read 2 more answers
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