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2 years ago

Which of the following are examples of career clusters? Select all that apply.

Business

1 answer:

Mila [183]2 years ago

4 0

Answer:

(1) Agriculture, Food & Natural Resources

(2) Architecture & Construction

(3) Arts, A/V Technology & Communications

(4) Business, Management & Administration

(5) Education & Training

(6) Finance

(7) Government & Public Administration

(8) Health Science

(9) Hospitality & Tourism

(10) Human Services

(11) Information Technology

(12) Law, Public Safety, Corrections & Security

(13) Manufacturing

(14) Marketing, Sales & Service

(15) Science, Technology, Engineering & Mathematics

(16) Transportation, Distribution & Logistics

Explanation:

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A company must decide on the type on equipment to buy in order to manufacture a new product line. The company can purchase an al

Oliga [24]

Answer:

The indifference point is 3,000 units

Explanation:

Giving the following information:

All-purpose machine:

Fixed costs= $20,000 per year

Unitary variable cost= $40

Special-purpose machine:

Fixed costs= $50,000 per year

UNitary variable cost= $30

We need to determine the unit's production point where the two machines are indifferent. First, we need to structure the total cost formulas:

All-purpose= 20,000 + 40x

Special-purpose= 50,000 + 30x

x= number of units

Now, we equal them:

20,000 + 40x = 50,000 + 30x

10x = 30,000

x= 3,000

The indifference point is 3,000 units

Prove:

All-purpose= 20,000 + 40*3,000= $140,000

Special-purpose= 50,000 + 30*3,000= $140,000

3 0

2 years ago

Which of the following is a fundamental goal of CRM systems? a. To produce and deliver a product or service at the time the cust

frutty [35]

Answer:

The correct answer is letter "C": To manage and track customer interactions.

Explanation:

Customer Relationship Management (CRM) is a managerial approach that uses Information Technology (IT) to store, analyze, and use customer information to find out trends in consumption and generate a better relationship with clients. CRM is a key component in the pursuit of engaging customers with a brand that allows corporations to maintain steady sales levels or increase it.

CRM allows sharing and maximizing the knowledge of clients to understand their needs and anticipate them.

5 0

2 years ago

Christie and Jergens formed a partnership with capital contributions of $360,000 and $460,000, respectively. Their partnership a

Orlov [11]

Answer:

Christie's share is $104500 while Jergens share is $48500. Thus, the first option is the correct answer.

Explanation:

The appropriation of net income among the partners will be as follows,

$ $

Net Income $153000

Less: Salary to Partner

Christie (66000)

Less:Interest on Capital

Christie 36000

Jergens 46000 (82000)

Remaining Profit 5000

Distribution of Remaining Profit

Christie (5000/2 = 2500) 2500

Jergens (5000/2 =2500) 2500

Christie's Share = 66000 + 36000 + 2500 = $104500

Jergen's share = 46000 + 2500 = $48500

5 0

2 years ago

A bank efficiency ratio is the ratio of a bank's expenses to its revenue, expressed as a percentage. If a bank has \$222$222doll

Ann [662]

Answer:

$296 million

Explanation:

Data provided in the question:

Expenses of the bank = $222 million

Efficiency ratio of the bank = 75%

Now,

The Efficiency ratio is given using the formula as:

Efficiency ratio = $\frac{\textup{Expenses}}{\textup{Revenue}}$

thus,

Revenue = $\frac{\textup{Expenses}}{\textup{Efficiency ratio}}$

on substituting the respective values, we get

Revenue = $\frac{\$\textup{222 million}}{\textup{75}\%}$

Revenue = $\frac{\$\textup{222 million}}{\textup{0.75}}$

Revenue = $296 million

Hence, the revenue for the bank is $296 million

7 0

2 years ago

Stefan Ceramics is in the business of selling ceramic vases. It has two departments, molding and finishing. Molding department

Mandarinka [93]

Answer:

The following entries would be made.

Stefan Ceramics

Sr. No Particulars Debit credit

1 Merchandise Inventory 291600

Accounts Payable/ Cash 291600

For purchase of 720 kgs of tungsten carbide at $280 per kg (720*280=291600)

Accounts Payable or cash depending on whether material was purchased for cash or through accounts payable( creditors).

2 Work In Process 291600 Dr

Merchandise Inventory 291600 Cr

For use of 720 kgs of tungsten carbide . As there is no ending inventory the whole of the material is charged to production.

6 0

2 years ago