Briefly explain types of training in simple words.
Answers
In the context of learning and skill development, training refers to the process of acquiring knowledge, enhancing abilities, and improving performance in a specific area.
There are various types of training methods that cater to different learning styles and objectives. Here are a few common types of training:
1. Classroom Training: This type of training involves a traditional approach where learners gather in a physical or virtual classroom setting. An instructor delivers lectures, conducts discussions, and engages learners through activities and exercises.
2. On-the-Job Training: This training occurs while performing tasks in the actual work environment. It allows learners to acquire skills through hands-on experience, observation, and guidance from more experienced colleagues.
3. Online or E-Learning: E-Learning refers to training delivered through digital platforms, such as online courses, webinars, or interactive modules. Learners can access the materials at their own pace and convenience, often incorporating multimedia elements like videos, quizzes, and interactive exercises.
4. Simulation Training: Simulation-based training provides a realistic and immersive environment that replicates real-life scenarios. Learners can practice their skills and decision-making abilities without real-world consequences. It is commonly used in fields such as aviation, healthcare, and military training.
5. Cross-Training: Cross-training involves acquiring skills or knowledge in multiple areas or roles within an organization. It helps employees become more versatile, adaptable, and capable of filling in for various positions when needed.
6. Coaching and Mentoring: This type of training involves a one-on-one relationship where an experienced individual guides and supports the learner in their personal and professional development. It focuses on individual needs, providing feedback, and helping learners reach their goals.
7. Blended Training: Blended training combines different training methods, such as a mix of classroom sessions, online modules, and hands-on activities. It offers a flexible and balanced approach, leveraging the benefits of different learning modalities.
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Related Questions
A firm can fund an expansion of its operations by
Select one:
A. buying stock.
B. loaning money.
C. paying dividends.
D. issuing bonds.
Answers
The correct response is D. issuing bonds. A company may issue bonds to finance the growth of its activities.
Companies can raise capital in one way by issuing bonds. A bond serves as a loan between a firm and an investor. The investor consents to give the business a specified sum of money for a specific amount of time. The investment is compensated with regular interest payments. Corporate bonds are those that are issued by businesses. Companies sell corporate bonds to obtain money for a range of projects, including the construction of new facilities, the purchase of machinery, or expanding their businesses. Corporate bonds are a type of debt that belongs to the corporation that issued them. A particularly adaptable method of obtaining debt financing is through bonds. You can choose what precedence they have over other debts, and they can be secured or unsecured. By taking on sizable debts with set interest rates, they can also provide a means of stabilizing your company's financial situation.
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Derek works at Discount Tires for 20 hours a week during the year. He earns $10.50 an hour. In a typical month, he works for 80 hours. Calculate his net monthly income below.
Gross annual income=
Answers
Net monthly income is $840/month. The gross annual income of Derrek is $10080
Information that is given:
$10.50 an hour is his earnings.
80 hours is his working.
The calculation for the net monthly income and Gross annual income will be:
Gross income = Hourly wage x number of hours worked
Gross income = $10.50/hour x 80 hours/month
Gross income = $840/month
As no other information regarding tax or deductions are given $840/month will be the net monthly income
To calculate his annual income will be calculated for 12 months
Gross annual income= 840 * 12
= $10080
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explain what happens when an investor shorts a certain share.
Answers
Answer:
Investors who sell short believe the price of the stock will decrease in value
Explanation:
A "short" position is generally the sale of a stock you do not own. Investors who sell short believe the price of the stock will decrease in value. If the price drops, you can buy the stock at the lower price and make a profit.
When an investor shorts a certain share, they are essentially betting that the price of that share will decrease in the future. They borrow shares from a broker, sell them immediately, and wait for the price to fall. If the price does decrease, they buy back the shares at a lower price and return them to the broker, making a profit. However, if the price increases, they may face unlimited losses.
When an investor shorts a certain share, they are essentially betting that the price of that share will decrease in the future. To do this, the investor borrows shares from a broker and immediately sells them on the market. This is known as 'shorting' the share.
The investor then waits for the price to fall. If the price does indeed decrease, the investor can buy back the shares at the lower price and return them to the broker. The difference between the selling price and the buying price is the profit made by the investor.
However, if the price of the share increases instead of decreasing, the investor may face losses. There is no limit to how much the price of a stock can increase, which means the potential losses for the investor can be unlimited.
Short selling is a risky strategy that requires careful analysis and market knowledge. It is often used by experienced investors and hedge funds to take advantage of downward price movements in the market.
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PLS HELPPPP FASTTTT!!!!!! Kevin has a utility function U=W^1/2, where W is his wealth in millions of dollars and U is the utility he obtains from that wealth. In the final stage of a game show, the host offers Kevin a choice between (A) $9 million for sure, or (B) a gamble that pays $1 million with probability 0.4 and $16 million with probability 0.6.
Use the blue curve (circle points) to graph Kevin's utility function at wealth levels of $0, $1 million, $4 million, $9 million, and $16 million.
1. True or False: Kevin is risk averse.
2. Choice (A/B) offers Kevin a higher expected prize. (Hint: The expected value of a random variable is the weighted average of the possible outcomes, where the probabilities are the weights.)
3. Choice (A/B) offers Kevin a higher expected utility.
4. Kevin should pick choice (A/B) .
Answers
Kevin is preparing a comparative market analysis (cma) on a commercial net leased office property that has 100% occupancy and income of $67,000, with expenses of $22,000 and a management fee of 5% of the gross income. the property is assessed by the municipality at $575,000. if kevin considers a 9% rate of return to be reasonable for this income property, what would kevin recommend as the listing price?
Answers
An extensive study on the current worth of a home is a comparative market analysis (CMA). It is created by real estate experts after researching the prices paid for similar houses nearby.
A comparison of markets is created by whom?Software is frequently used by brokers and real estate agents to create thorough and appealing CMA reports. If you want to make your own, keep track of your research in a spreadsheet or utilize an online home-price calculator provided by a real estate listing website.
Who carries out a CMA?A CMA is normally completed by a real estate agent with the appropriate licensing, and the cost of having one prepared for your home might vary. While the majority of agents offer free CMAs, some could levied a modest fee.
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The adjusted trial balance of Novak Corp. At December 31, 2019, includes the following accounts: Common Stock $16,400, Dividends $7,300, Service Revenue $37,500, Salaries and Wages Expense $15,600, Insurance Expense $1,500, Rent Expense $3,900, Supplies Expense $1,300, and Depreciation Expense $1,500. Prepare an income statement for the year
Answers
The income statement would be as Revenue = $35,000; Salaries and Wages Expense= $13,000; Insurance Expense= $2,000: Retained Earnings as on December 31, 2013 is $17,600.
One of the three crucial financial information used to describe a company's financial performance throughout one certain accounting period is the revenue. The balance sheet and the cash flow statement are the other two important income statements. The revenue, costs, profits, and losses incurred by a corporation over a particular amount of time are the key points of the income statement. An net income, also did refer to as the profit and loss (P&L) remark or the statement of revenue and expenditures, offers important information about than a firm's operations, the effectiveness of its management, underperforming industries, and its performance in comparison to peers in the same industry.
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disadvantages of tabular representation of data in economics
Answers
Answer:
There are not many disadvantages in the tabular presentation of data, but one of the disadvantages of this presentation of data is that it does not provide a detailed view of the data which is provided with the textual presentation.
Explanation:
Tabular presentations could also have a few problems related to mobile use:
There is not enough space to put all the columns on the screen, so it has to be moved manually, which is not economic.If the columns are shrunk, it will minimize the letters, so it won’t be legible.It will slow down the mobile phone.please help me this is so tricky…
List two reasons why time is important to consumers.
(THIS IS FROM MY TEST FROM FRIDAY BUT TODAY I’M COMPLETING THIS UNTIL MONDAY BUT YOU CAN STILL GIVE ME THE ANSWER)
Answers
Explanation:
1. Without time a consumer cannot make purchases
2. It allows a consumer ger their debit alert to know how much they bought
It is no longer enough to provide customers with high-quality products. They also expect outstanding customer___
Answers
It is no longer enough to provide customers with high-quality products; they also expect outstanding customer service. To meet these expectations, businesses should take the following steps:
1. Develop a customer-centric culture: Make customer satisfaction a priority and ensure that all employees understand the importance of providing excellent service.
2. Train employees: Provide comprehensive training on customer service skills, including communication, problem-solving, and empathy.
3. Implement efficient processes: Streamline processes to make it easy for customers to access information, make purchases, and receive support.
4. Use technology: Utilize technology to enhance the customer experience, such as through personalized marketing, efficient customer support systems, and online self-service options.
5. Listen and respond to feedback: Regularly collect customer feedback and act on it to improve your products, services, and overall customer experience.
6. Go the extra mile: Delight customers by exceeding their expectations and providing personalized service.
By focusing on outstanding customer service in addition to high-quality products, businesses can build strong customer relationships, improve customer retention, and increase their competitive advantage.
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When determining what price to charge for a product or service, marketing executives consider which of the following?
A. competitors’ pricing structures
B. how much customers can afford to pay for the product or service
C. at what point the market will be flooded with similar products and services, driving down consumer demand
D. all of the above
Answers
Answer: D) all of the above
Explanation:
5
Lacretia wants to apply for an internship with INTERPOL. As her guidance counselor, which requirements would you advise Lacretia she needs to meet
in order to achieve her goal of internship?
She must be of legal adult age in her country, reside in an INTERPOL member country, and speak fluent English.
She must be of legal age in her home country and have a post-secondary degree issued within the last three years.
OB.
O C. She must have applicable school education, be an adult in her home country, and speak English.
O D. She must be of legal age in her home country, reside in France, and speak fluent English
All rights reserved.
A.
Reset
Next
Answers
As Lacretia's guidance counselor, I would advise her that the requirements she needs to meet in order to apply for an internship with INTERPOL are:
A. She must be of legal adult age in her country, reside in an INTERPOL member country, and speak fluent English.
These requirements align with the information provided in the question, where it states that Lacretia needs to be of legal adult age in her country and must reside in an INTERPOL member country.
Additionally, fluency in English is important as it is commonly used as the working language in international organizations like INTERPOL.
Therefore, the correct answer is A.
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True or false: All other things being equal, taxpayers should prefer to recognize income during high-tax-rate years.
Answers
The statement that All things being equal, taxpayers, should prefer to recognize deductions during high tax-rate years is True.
Who are taxpayers?The taxpayers are individuals or organization that is been given responsibility by the government to pay their tax.
However, taxpayers, should prefer to recognize deductions in the period of income during low-tax rate years.
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You and a friend are each given a free pair of sunglasses at a concert. Your friend says, “I can’t believe we got free sunglasses!” What do you know about the sunglasses?
This is actually Personal and family finance
Answers
Answer:
C. They aren’t really free; you likely contributed to the costs involved.
Explanation:
WHO IS THE QUEEN OF RAP.
Answers
Answer:
Nicki Minaj
Explanation:
i think
Answer: Nicki Minaj
Explanation: i dont need to explain
What effect has the use of lifo inventory costing had on ge's pretax income and tax expense for 2009 only (assume a 35% income tax rate)? (round answers to the nearest whole number. )
Answers
The effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.
The use of LIFO inventory costing results in higher reported pretax income and lower reported tax expense for a company. This is because LIFO assumes that the most recently purchased inventory is sold first, while FIFO assumes that the oldest inventory is sold first.
Assuming a 35% income tax rate, the use of LIFO for Ge's pretax income and tax expense in 2009 would be as follows:
Pretax income using LIFO:
(Beginning inventory at end of 2008 x LIFO cost formula) - (Purchases during 2009 x LIFO cost formula) = Pretax income using LIFO
Pretax income using FIFO:
(Beginning inventory at end of 2008 x FIFO cost formula) - (Purchases during 2009 x FIFO cost formula) = Pretax income using FIFO
Tax expense using LIFO:
(Pretax income using LIFO x LIFO tax rate) = Tax expense using LIFO
Tax expense using FIFO:
(Pretax income using FIFO x FIFO tax rate) = Tax expense using FIFO
Therefore, the effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.
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Which is a characteristic of judging approach
Answers
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
To calculate profit, you __________. Choose the answer.
A.) subtract the costs from the revenue
B.) add up the revenue
C.) add up the revenue and the costs
Answers
To calculate profit, a person must subtract the costs from the revenue. Option A is correct.
What is the profit?Profit is defined as the financial advantage obtained when the income generated by a commercial activity exceeds the expenses, costs, and taxes associated with the activity in question. To determine profit, subtract the costs from the revenue.
Profit is the money left over after deducting company expenditures. Profit is classified into three types: gross profit, operational profit, and net profit. The gross profit is the highest. It demonstrates how much money was left over after paying for the products and services offered.
Therefore, option A is correct.
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The department heads of a plastics company sit down to discuss next year’s budget. Fabrication says that two of their extruders are outdated and need to be replaced. Accounting explains that without at least two more staffers, they can’t keep up with the books. Shipping wants additional funding to cover the rising cost of gasoline. Sales believes they could obtain more clients with a larger travel fund. Everyone wants a larger budget this year. Which strategy would be most effective in this situation?
Answers
Answer: Averaging
Explanation:
From the question, we are informed that the department heads of a plastics company sit down to discuss next year’s budget. We are informed that fabrication says that two of their extruders are outdated and need to be replaced; accounting explains that without at least two more staffers, they can’t keep up with the books; shipping wants additional funding to cover the rising cost of gasoline and that sales believes they could obtain more clients with a larger travel fund. It was realized that everyone wants a larger budget this year.
The strategy that'll be most effective in this situation is averaging. Averaging simply occurs when group members have to hassle, bargain and yhen negotiate before a compromise is reached. In this scenario, this will be the best option.
which of the following actions would be likely to shorten the cash conversion cycle? a. begin to take cash discounts on inventory purchases; the terms are 2/10 net 30. b. adopt a new manufacturing process that saves some labor costs but slows down the conversion of raw materials to finished goods from 10 days to 20 days.
Answers
The option a. Taking cash discounts on inventory purchases (2/10 net 30) would be likely to shorten the cash conversion cycle.
The cash conversion cycle (CCC) measures the length of time it takes for a company to convert its investments in inventory and other resources into cash. A shorter CCC is generally desirable because it means that a company is able to generate cash more quickly and efficiently.
Taking cash discounts on inventory purchases (2/10 net 30) can shorten the CCC by allowing the company to pay its suppliers more quickly and receive payment from its customers more slowly.
The terms 2/10 net 30 mean that the company will receive a 2% discount if it pays its bills within 10 days, otherwise it must pay the full amount within 30 days. By taking advantage of the discount, the company can reduce the amount of time it takes to pay its suppliers and thus reduce its CCC.
Hence , correct option is A.Taking cash discounts on inventory purchases (2/10 net 30)
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One disadvantage of government subsidies over price controls is that subsidiesA. cause unemployment.B. make higher taxes necessary.C. prevent the attainment of equilibrium in the markets in which they are imposed.D. are always unfair to those with low incomes.
Answers
Answer:B Make higher taxes necessary
Make
Explanation:
This is because if there are subsidizes then the money must come from
The board of directors of fancy financials, inc. wants to review how management is using company assets. what would provide them with the information they seek?
Answers
Activity ratios provide them with the information they seek.
What Is an Activity Ratio?
A financial indicator called an activity ratio shows how effectively a company is using the assets on its balance sheet to produce revenue and cash.
What is a high activity ratio?
A company that has a high ratio either started out with little assets or is using every one of them very well. A low ratio indicates that capital is being tied up in assets too much and that assets are not being used properly to produce revenue.
Why is activity ratio important?
The assets' rate of conversion into sales is shown by the activity ratios. Activity ratios are useful tools for assessing a company's operational effectiveness since they demonstrate not only how well it generates revenue but also how well it manages the elements of its balance sheet.
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Use the following information to answer the question. There are three firms in an economy: X, Y, and Z. Firm X buys $200 worth of goods from Y, and $300 worth of goods from firm Z, and produces 250 units of output at $4 per unit. Firm Y buys $150 worth of goods from firm X, and $250 worth of goods from firm Z, and produces 300 units of output at $6 per unit. Firm Z buys $75 worth of goods from firm X, and $50 worth of goods from firm Y, and produces 500 units at $2 per unit. Given this information, what is the economy’s GDP?
Answers
Answer:
$2,775
Explanation:
The computation of the GDP of the economy is given below:
But before that the total value sold by three firms would be determined
Total amount of goods sold by X:
= X sells to Y + X sells to Z
= $150 + $75
= $225
Total amount of goods sold by Y:
= Y sells to X + Y sells to Z
= $200 + $50
= $250
Total amount of goods sold by Z:
= Z sells to X + Z sells to Y
= $300 + $250
= $550
Now
Amount of goods generated by X
= units of output × cost per unit
= 250 units × $4
= $1,000
Value of goods generated by Y
= units of output × cost per unit
= 300 units × $6
= $1,800
Value of goods generated by Z
= units of output × cost per unit
= 500 units × $2
= $1,000
Now GDP is
= [Goods generated by X - Valued added by X] + [Goods generated by Y - Value added by Y] + [Goods generated by Z - Value added by Z]
= [$1,000 - $225] + [$1,800 - $250] + [$1,000 - $550]
= $775 + $1,550 + $450
= $2,775
PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answers
Answer:
What's the question? :) I'm an econ major btw.
Explanation:
What do banks pay to their savings account customers?
● A. Interest 《《
○ B. Profits
○ C. Commission
○ D. Dividends
Answers
Customers of banks' savings accounts receive interest payments. As a result, choice (A) is the right answer.
What is interest rate?An interest rate is the sum of interest that is accrued each period as a percentage of the principal amount that has been lent, deposited, or borrowed. The total interest on a loaned or borrowing sum is calculated by the principal amount, the interest rate, the regularity of compounding, and the period of time the loan, deposit, or borrowed took place.
The rate calculated over a year is the annual interest rate. Other interest rates, such as monthly or daily rates, also apply but are typically annualized. The borrower is prepared to pay a fee—the interest rate—for the right to receive money sooner rather than later if they need it or desire it.
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Describe what happens on Pascual's trip to Cuba based on the cues provided. Questions NOTA CULTURAL La Habana Vieja, Cuba, is the site of another well-known outdoor market. Located in the Plaza de la Catedral, it is a place where Cuban painters, artists, and sculptors sell their work, and other vendors offer handmade crafts and clothing.
Answers
This is what happens on Pascual's trip to Cuba:
Ellos me cantan una canción.Él les compra libros a sus hijos en la Plaza de Armas.Yo te preparo el almuerzo.Él le explica cómo llegar al conductor.Mi novia nos saca una foto a nosotros.El guía les muestra la catedral de San Cristóbal a ustedes.Indirect object pronounsIn this exercise, you have to write the sentences with the correct Spanish indirect object pronouns (''pronombres de objeto indirecto'' in Spanish). You use indirect object pronouns when you want to say to whom or for whom something is done.
I was able to find the complete exercise online.
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Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U.S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U.S. dollars and deposits it in a U.S. bank. Laura is engaging in
Answers
Answer:
"Carry Trade", is the right answer.
Explanation:
Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.
________ delivers business intelligence to users without any request from the users.
Answers
Without the users' involvement, business intelligence is sent to them via push publishing on a schedule, in response to an event, or in response to a specific data condition.
The owner of the business is responsible and liable for any debts incurred by the business since despite having a business name, they are one and the same. If the company accrues debts, the creditors may seize the business owner's personal property. Corporate tax rates cannot be applied to a firm structure. All profits earned by the business are subject to personal taxation by the owner.
The term is frequently used informally to refer to a business, such as a corporation or cooperative. However, lawyers and public officials do not business use it in this way.
Unlike sole proprietorships and partnerships, corporations are a distinct business legal entity that offers limited responsibility to its owners/members and is subject to corporate tax rates.
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last year, hampton electronics earned $1.50 per share. if a share of its stock is selling for $47, what is the firm's p-e ratio?
Answers
The firm's P-E (Price-to-Earnings) ratio can be calculated using the formula: P-E Ratio = Stock Price per Share / Earnings per Share. In this case, the stock price is $47, and the earnings per share is $1.50. P-E Ratio = $47 / $1.50 = 31.33
The firm's P-E ratio is 31.33.
The price-earnings ratio (P/E ratio) is a financial metric used to assess the valuation of a company's stock. It is calculated by dividing the current market price per share of the company's stock by its earnings per share (EPS). The P/E ratio is a commonly used metric to compare the relative value of different stocks in the same industry or market.
To calculate the P/E ratio of Hampton Electronics, we need to use the given information that the company earned $1.50 per share and its stock is selling for $47 per share.
P/E ratio = Stock price / Earnings per share
P/E ratio = $47 / $1.50
P/E ratio = 31.33
Therefore, the P/E ratio of Hampton Electronics is 31.33. This means that investors are willing to pay $31.33 for every dollar of earnings that the company generates. A high P/E ratio suggests that investors are optimistic about the future growth prospects of the company, while a low P/E ratio may indicate that investors are concerned about the company's future performance.It is important to note that the P/E ratio is just one metric to consider when evaluating a company's stock. Investors should also look at other financial ratios, such as the price-to-book ratio and the dividend yield, as well as qualitative factors such as the company's competitive position, management team, and growth prospects.
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any project teams are made up of team members that never meet face-to-face; they communicate throughout the project using email and sharing computer files. This type of project teamwork is referred to as _________
Answers
entered into a purchase commitment to buy 1,000 units of raw materials for $30 per unit. as of december 31, the purchase commitment is outstanding and the year-end market price is $28 per unit. smith should recognize
Answers
Smith should recognize a loss of $2000.
An unwavering promise to buy products or services from a provider is known as a purchasing commitment. Companies enter into purchase commitments to lock in specific pricing and occasionally to lock in a supplier's production capacity as a defensive measure to prevent rivals from exploiting the production capacity.
In the given question,
Units of Raw material = 1000
Unit Price = $30
Units of Raw material outstanding = 1000
Market Price = $28
Now,
Total Raw Material = $30,000
Total Raw Material Outstanding = $28,000
Loss/Profit Incurred = $28,000 - $30,000
Loss Incurred= ($2000)
Therefore, Smith Corp. should recognize a loss of $2000.
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