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Questions in business

📝 Answered - Two people quit work and begin college at the same time. Their salary and education information is given in the table below. | | Salary prior to school | Years attending college | Total cost of college | Salary upon graduating | | -------- | ----------------------- | ----------------------- | --------------------- | ---------------------- | | Person A | $18,000 | 3 | $45000 | $33,000 | | Person B | $27,000 | 4 | $30,000 | $37,000 | Choose the true statement. A. Person A recovers their investment in a shorter amount of time. B. Person B recovers their investment in a shorter amount of time. C. They recover their investments in the same amount of time. D. There is too little information to compare the time to recover their investments.

📝 Answered - Intuitives or 'N' types are people who A. pay a lot of attention to detail. B. do not worry too much about facts. C. draw their data from external sources. D. look at the big picture and sometimes jump to conclusions.

📝 Answered - Question 18 Which term refers to the process of expanding a firm's operations beyond its home country? Internationalization Localization Privatization Nationalization

📝 Answered - Which of the following outcomes is associated with integrative bargaining? A) Loss of goodwill B) Less security C) Increased problem-solving skills D) Loss of resources

📝 Answered - XYZ Corporation invests $15,000 into 91-day treasury bills with an interest rate of 1.9%. If the broker charges a $20 commission, what is the yield? [tex] \begin{array}{c} \text { yield }=[?] % \\ \text { yield }=\frac{\text { amount invested (interest rate) }\left(\frac{\text { days invested }}{360 \text { days }}\right)}{\text { amount invested }\left(\frac{\text { days invested }}{360 \text { days }}\right)+\text { commission }} \end{array} [/tex] Give your answer as a percent rounded to the nearest hundredth.

📝 Answered - Record journal entries for the following sales transactions of Flower Company. Transactions Oct. 12: Sold 25 bushels of flowers to a customer for $1,000 cash; cost of sale $700. Oct. 21: Sold 40 bushels of flowers for $30 per bushel on credit. Terms of the sale are 4/10, n/30, invoice dated October 21. Cost per bushel is $20 to Flower Company. Oct. 31: Received payment in full from the October 21 sale. Journal entries: | October 12 | | | | |---|---|---|---| | | | | | | To record sale with cash. | | | | | October 12 | | | | | | | | | | To record cost of sale. | | | | | October 21 | | | | | | | | | | To record sale on account. | | | | | October 21 | | | | | | | | |

📝 Answered - A clothing store bought 200 shirts for INR 250 each. They sold 150 of them at INR 400 each in the first month. In the second month, they offered a 10% discount on the remaining shirts and sold all of them. Calculate the store's total profit percentage on the entire stock of shirts. (Note - Total profit percentage = (total profit/total cost) x 100) Options: 56% 36% 34%

📝 Answered - You are provided with the age analysis of debtors on 31 May 2023. Terms allowed to debtors: * All accounts to be paid in 30 days and 2% discount will be granted. * If any account is not paid in 60 days, 5% interest will be charged. * If any account is not paid in 90 days, the account is handed over. | NAME | >90 days | 90 days | 60 days | 30 days | Current | | ----------- | -------- | ------- | ------- | ------- | ------- | | D Daydream | | 90 | | | | | G Goodfella | | | | 1,550 | 4,200 | | H Hastie | | | | | 3,250 | | P Platsak | 4,250 | | | | | | S Skinflint | | 880 | 3,500 | 1,525 | 2,185 | | TOTAL | 4,250 | 970 | 3,500 | 3,075 | 9,635 | 1.3.1 How does the preparation of the Debtors' Age Analysis assist in the control of debtors? (3) 1.3.2 How much is owed by the debtors on 31 May 2020? (2) 1.3.3 Which debtor would you gladly give a credit reference? (2) 1.3.4 Which debtor would be 'handed over' and what does this mean? (3)

📝 Answered - Select all ways businesses can engage in social responsibility regarding employee welfare. Mark all correct answers: A. By promoting a healthy and safe work environment. B. Offering fair wages and opportunities for professional growth. C. Ignoring employee feedback and concerns about the workplace. D. Investing in employees' well-being to increase productivity.

📝 Answered - Skills that managers can use for successful conflict resolution include which of the following? A. Selection B. Paraphrasing C. Judgment D. Compromise