If Nueva elects LIFO, its net income for the first year of operations would be $364.80.
To calculate Nueva's net income if it elects LIFO, we need to first calculate the cost of goods sold (COGS) using the LIFO method.
COGS using LIFO = Cost of goods available for sale - Ending inventory under LIFO
COGS using LIFO = 5,920 - 683 = $5,237
Next, we can calculate the gross profit as:
Gross profit = Net sales - COGS using LIFO
Gross profit = 7,600 - 5,237 = $2,363
Then, we can calculate the operating income as:
Operating income = Gross profit - Operating expenses
Operating income = 2,363 - 1,793 = $570
The pretax income can be calculated as:
Pretax income = Operating income x (1 - Tax rate)
Pretax income = 570 x (1 - 0.20) = $456
Finally, the net income can be calculated by subtracting taxes from the pretax income:
Net income = Pretax income - Taxes
Net income = 456 - (456 x 0.20) = $364.80
Therefore, if Nueva elects LIFO, its net income for the first year of operations would be $364.80.
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Based on the document shown, which new NPS document must be written in plain language? A.A guide to fishing in national parks and wildlife refuges B.A law to authorize the renaming of a national park C.A report to Congress analyzing national park maintenance needs D.The National Park Service Ranger Employee Manual E.The regulations for law enforcement contracts at national parks
Clear, succinct, structured, and suitable for the target audience are all characteristics of plain language. Write not for yourself, but for your reader. When you can, use pronouns.
Before getting into the details, state your main point or points. On October 13, 2010, President Obama signed the Plain Writing Act of 2010. The public must be able to comprehend and use government communications clearly, according to the legislation, which applies to all federal agencies. Language is typically thought of as a system of symbolic communication that consists of three components: signs, meanings, and a code that links the signs to their meanings. Semiotics is the study of the semiotic process—how signals and meanings are integrated, applied, and interpreted. You must add a new NEPA document to an existing one and say that depending on your understanding of the environmental implications and the measures you take.
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What is quality, why is it important to define? How has the emphasis of quality control changed in recent years?
Quality is the degree to which a product, service, or process meets or exceeds customer expectations and requirements.
It is important to define quality because it provides a clear understanding of what constitutes a satisfactory outcome, enables organizations to set standards and benchmarks, and guides continuous improvement efforts.
Defining quality is crucial because it establishes a common understanding and framework for evaluating and achieving desired outcomes. By defining quality, organizations can align their processes, products, and services with customer expectations, resulting in higher customer satisfaction and loyalty. Quality standards and benchmarks serve as measurable criteria against which performance can be assessed and improved.
In recent years, the emphasis on quality control has shifted from a traditional focus on inspection and defect detection to a more proactive approach centered around prevention and continuous improvement. This shift is driven by factors such as increasing customer demands, globalization, and advancements in technology. Organizations now recognize that quality control should be integrated throughout the entire value chain, from design and development to production and service delivery.
This approach, known as Total Quality Management (TQM), emphasizes the involvement of all employees in identifying and addressing quality issues, continuous learning and improvement, and a customer-centric mindset. The goal is to achieve and sustain high levels of quality by preventing defects and continuously enhancing processes and systems.
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How does business generate income?
Hai!
This depends on the Type of Business.
If it is a Selling Business, they sell stuff to Earn Profit.
If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.
the intent of managed health care was to a. replace fee-for-service plans with affordable, quality care to health care consumers. b. dramatically improve the health care delivery system in the united states. c. have employees of a managed care organization provide patient care. d. retrospectively reimburse patients for health care services provided.
Replace fee-for-service arrangements with ones that offer patients cheap, high-quality care. Managed health care's goal was to. Enrollees.
How do you employ manage?
To be successful at managing something, especially something challenging He suppressed his disappointment and forced a feeble smile. We will manage it, albeit I'm not really sure how. manage (to do something) (to do something) We arrived at the airport with plenty of time.
to take care of and decide upon: directly. control a factory; 2 to produce and maintain under one's control she has good control of her skis.
Today I'll use another phrase that many of my students find confusing: "manage to."
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Catherine has been managing her company for a couple of years. She now plans to expand her business by bringing in fresh funding through a new stock issue. She would like to inform her investors about this development. What would Catherine use to inform investors about this development in her company?
Catherine would use to inform investors about the development in her company.
Answer:
Newsletter on website and social media platforms. Email to investorsExplanation:
In order to reach as many of her investors as possible, Catherine can write up a news update or newsletter explaining the change to her investors and then post it on the company website. She should also post it to their social media platforms as an increasing number of people check these as opposed to websites.
In the event that her investors are not public but rather private, Catherine would have would have their contact details such as email. She can therefore send the update to their email addresses. This will increase the chances of the investors seeing it.
Answer: Direct mail
Explanation: Direct mail enables an advertiser to reach target customers through mail, thereby making it a selective and specific medium. Media vehicles in direct mail include manuals, booklets, catalogues, newsletters, invitations, posters, coupons, and charts. To send out mailers, however, an advertiser needs to have an updated list of target contacts. Direct mail is a cheap advertising medium, and its advantage is that mailers can contain a lot of information. It also includes a feedback option in the form of reply cards to prompt customers to respond.
a financial plan is most influenced by
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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An examination of your balance sheet reveals that your cash balance has declined by $20,000 per month for the last 4 months. The current cash balance is $18090. How many months until your cash runs out if the rate of decline remains the same?
It would take approximately 1 month until the cash runs out if the rate of decline remains the same.
To determine the number of months until the cash runs out, we can use the given information;
Rate of decline: $20,000 per month
Current cash balance: $18,090
Let's assume that the cash balance reaches zero after 'n' months.
The decline in cash balance follows a linear pattern, with a decrease of $20,000 per month. This can be represented as;
Cash balance = Initial cash balance - Rate of decline x Number of months
Using the given data;
0 = $18,090 - $20,000 x n
Now we can solve for 'n', the number of months;
$20,000 x n = $18,090
n = $18,090 / $20,000
n ≈ 0.9045
Since 'n' represents the number of months, we round up to the nearest whole month to account for partial months. Therefore, it would take approximately 1 month (rounded up from 0.9045 months) until the cash runs out if the rate of decline remains the same.
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Pomona College, based in Claremont, California, a suburb of Los Angeles, is one of the most prestigious and selective liberal arts colleges in the country. Part of the Claremont Colleges consortium, which consists of seven private institutions of higher learning, Pomona offers a word-class education, with an emphasis on research.
This year, Pomona’s supplemental essays consist of three short essays, with the last two prompts having three options each. The short answers prompts are off-the-beaten-path and quirky, while the essays ask you to grapple with your goals, priorities, and identity.
Prompt 1: What do you love about the subject(s) you selected as potential major(s)? If undecided, share more about one of your academic passions. (150 words)
Prompt 2: Choose to respond to one of the following three prompts in 150 words or less:
Option 1: At Pomona, we celebrate and identify with the number 47. Share with us one of your quirky personal, family, or community traditions and why you hold on to it.
Option 2: What item are you excited to bring with you to college?
Option 3: Describe a time when you felt empowered or on top of the world
Pomona College is a prestigious and selective liberal arts college in Claremont, California. It is part of the Claremont Colleges consortium, which consists of seven private institutions of higher learning. Pomona College offers a word-class education, with an emphasis on research.
This year, Pomona's supplemental essays consist of three short essays, with the last two prompts having three options each. The short answers prompts are off-the-beaten-path and quirky, while the essays ask you to grapple with your goals, priorities, and identity.
Prompt 1: If undecided, share more about one of your academic passions. Prompt 1 gives the students an opportunity to explain why they are interested in a particular major or subject. The word limit is 150 words, so the students need to be concise and straightforward. For instance, if you are interested in Computer Science, you can mention what fascinates you about the subject, such as the ability to design software programs and artificial intelligence or machine learning. The purpose of the prompt is to provide the admissions committee with an insight into your interests and goals.
Prompt 2: Choose to respond to one of the following three prompts in 150 words or less:
Option 1: At Pomona, we celebrate and identify with the number 47. Share with us one of your quirky personal, family, or community traditions and why you hold on to it.This prompt encourages students to share a tradition that is unique or unusual to them. The word limit is 150 words, so students should keep it concise and engaging. For example, if you have a tradition of baking bread with your family every Sunday, you can describe how it brings you together and creates a sense of community.
Option 2: This prompt encourages students to share an item that they are excited to bring with them to college. The word limit is 150 words, so students should be specific and descriptive. For example, if you are excited to bring your camera to college, you can describe how photography is your hobby and how you plan to capture the new experiences and people you meet.
For example, you can describe a time when you won an award or competition, or when you accomplished a challenging task that you were proud of. The purpose of this prompt is to showcase your ability to reflect on your accomplishments and share them with others.
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A change in quantity is caused by a change in price
Answer:
A change in quantity demanded refers to a change in the specific quantity of a product that buyers are willing and able to buy. This change in quantity demanded is caused by a change in the price.
Explanation:
Which answer provides the best definition of a subsistence crop? crops raised to earn a profit for the family food items harvested from the wilderness crops grown to trade for hardware and lumber plants and animals grown to keep a family alive?
Answer:
plants and animals grown to keep a family alive
Explanation:
Subsistence farming happens when farmers grow food crops and rear animals just for the needs of themselves and their families. In this type of agriculture, farm output is targeted to for the survival of the family and is mostly for local requirements and it has little or no surplus. Planting decisions are made principally towards the need of the family. They are strictly for family maintenance
Pretty sure its:
plants and animals grown to keep a family alive
all of the innovations described in the blue ocean videos were introduced during economic downturns. True or false?
The statement is false because not all of the innovations described in the blue ocean videos were introduced during economic downturns.
While it is true that some of the most successful innovations were introduced during economic downturns, there are also examples of innovations that were introduced during economic booms.
The key takeaway from the blue ocean strategy is not necessarily to introduce innovations during economic downturns, but rather to focus on creating new markets and value propositions that differentiate from existing competition.
By doing so, companies can tap into uncontested market space and create demand for their products or services, regardless of the economic climate.
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The amount of product available to the market is known as which of the following? Demand Interest Supply Resources
Answer:
Supply
Explanation: I had to the Economics Cencepts-Assessment ll for DECA today. I got all my answers off a quizlet...
Answer:
supply
Explanation:
When researchers who were conducting a study asked students at Harvard Business School about goals, only percent of the students had written goals AND a plan to accomplish those goals, A 3 B 5 C 7 D 25
Answer:
5
Explanation:
:)
True or false: A static budget is being compared to actual activity. The variance is F for net income but U for most expenses. This suggests that actual activity was lower than budgeted.
Based on the fact that the variance for revenue was favorable and the variance for expenses was unfavorable, this statement is false.
Why is this statement false?If revenue is favorable compared to the static budget and expenses are unfavorable, then it means that there was more activity.
Because there was more activity, the expenses that were budgeted for were less than the actual expenses which is why expenses were unfavorable.
In conclusion, this is false.
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In September, you made a profit of $5,456,963 with expenses of $2,456,654. What was your total revenue?
The total revenue when the profit and expenses are given so it should be considered as the $7,913,617.
Calculation of the total revenue:We know that
Profit is $5,456,963
And, expenses is $2,456,654
We know that
Profit = Revenue - Expenses
$5,456,963 = Revenue - $2,456,654
So, the revenue is
= $5,456,963 + $2,456,654
= $7,913,617
Hence, The total revenue when the profit and expenses are given so it should be considererd as the $7,913,617.
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It is possible to satisfy all NFIP building requirements by adopting national model building codes and their related appendices. A. TRUE B. FALSE
B. FALSE. It is not possible to satisfy all National Flood Insurance Program (NFIP) building requirements solely by adopting national model building codes and their related appendices.
While national model building codes provide valuable guidelines for construction practices, they may not comprehensively address all the specific requirements set forth by the NFIP. The NFIP has its own set of regulations and standards aimed at reducing flood risk and ensuring the resilience of buildings in flood-prone areas.
The NFIP's building requirements go beyond the scope of general building codes and take into account factors specific to flood hazards, such as elevation requirements, floodplain management, and flood-resistant materials. These requirements are designed to mitigate the impacts of flooding and protect properties from flood damage.
To comply with NFIP building requirements, property owners and developers must adhere to the specific guidelines outlined by the program. This typically involves additional measures, such as constructing buildings above base flood elevation, implementing flood venting systems, and using flood-resistant materials. These requirements are tailored to the unique challenges posed by floods and aim to minimize flood-related losses.
Therefore, while national model building codes can provide a foundation for construction practices, they alone cannot fulfill all the necessary NFIP building requirements. Compliance with the NFIP's specific guidelines is essential to ensure proper flood risk reduction and resilience in flood-prone areas.
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Who is the major owner of NBC?
Answer: The major owner of NBC is Comcast Corporation. The owner of Comcast Corporation is Brian L. Roberts.
Explanation:
(NBC), a major commercial broadcasting company based in the United States, has been the television division of NBCUniversal, which is owned by the Comcast Corporation, since 2004.
Who owns NBC's majority stake?By purchasing shares from GE in 2011 while GE acquired Vivendi, Comcast gained 51 percent control of the newly formed NBCUniversal and, as a result, control of the company. Comcast has owned the company entirely since 2013, when it acquired GE's ownership stake.
Comcast owns NBCUniversal Media, LLC, an American multinational entertainment and mass media conglomerate with its headquarters at 30 Rockefeller Plaza in Midtown Manhattan, New York City, USA.
The media and entertainment industries comprise the majority of NBCUniversal's activities. The National Broadcasting Company (NBC), one of the Big Three television networks in the United States, and the major Hollywood film studio Universal Pictures are the names of the company's two most important divisions. Through a portfolio of domestic and international properties, including USA, Syfy, Bravo, and E!, it also has a significant presence in broadcasting. Universal Kids, Peacock, and Telemundo (Spanish) are streaming services. NBCUniversal is also the third-largest operator of amusement parks worldwide through its Universal Parks & Resorts division. Since 2018, Sky Group Limited, its sister company under the control of Comcast, has held its media and telecommunications assets.
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Write a 1 paragraph summary of how modular homes are built and used for different purposes. Please write in complete sentences and include
pros and cons of this kind of residential design.
Answer:
Modular homes are built in sections or modules off-site and then transported to the final location for assembly. These homes are often used for residential purposes, such as primary residences, vacation homes, or rental properties. They can also be used for other purposes, including office buildings, schools, and healthcare facilities. One of the main advantages of modular homes is that they can be built quickly and cost-effectively in a factory setting, with less waste and greater efficiency. Additionally, modular homes can be customized to meet the specific needs and preferences of the homeowner. However, there are also some drawbacks to modular homes, including limited design options, potential transportation issues, and potential difficulty in obtaining financing or insurance. Overall, modular homes offer a flexible and affordable option for those looking for a new home or building, but they require careful consideration of the specific needs and challenges associated with this type of residential design.
why is every element of the chain dependent on the others in the chain of distribution
The elements in the chain of distribution depends on each other to the production process to be complete.
What is a chain of distribution?A chain of distribution simply means the distribution channel from the manufacturer till the goods get to the consumers.
The elements in the chain of distribution depends on each other to the production process to be complete and the goods to reach the consumers.
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Shock Electronics sells portable heaters for $35 per unit, and the variable cost to produce them is $22. Mr. Amps estimates that the fixed costs are $97,500.
a. Compute the break-even point in units.
Break-even point in units is 7,500 unit
Given that;
Cost of each heater = $35
Variable cost of each heater = $22
Fixed cost = $97,500
Find:
Break-even point in units
Computation:
Contribution = Sales - VC
Contribution = $35 - $22
Contribution = $13
Break-even point in units = Fixed cost / Contribution
Break-even point in units = 97,500 / 7
Break-even point in units = 7,500 unit
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Laws that prohibit the formation of monopolies or alliances that would damage a competitive marketplace benefit consumers through
Laws that prohibit the formation of monopolies or alliances benefit consumers by promoting fair competition, protecting consumer welfare, and preserving economic efficiency. These laws play a crucial role in maintaining a vibrant and competitive marketplace that benefits both consumers and businesses alike.
Laws that prohibit the formation of monopolies or alliances that would damage a competitive marketplace benefit consumers through promoting fair competition and safeguarding consumer welfare. These laws are often referred to as antitrust or competition laws.
1. Promoting fair competition: By prohibiting the formation of monopolies or alliances, these laws ensure that no single company or group of companies can dominate a particular market. This encourages multiple firms to compete with each other, which leads to a wider variety of choices and lower prices for consumers. When there is healthy competition, companies are incentivized to innovate, improve their products, and provide better services.
2. Protecting consumer welfare: When monopolies or alliances are allowed to form, they can abuse their market power by charging higher prices, limiting product availability, or providing lower quality goods and services. By preventing the formation of such entities, antitrust laws protect consumers from exploitation and ensure that they have access to a range of affordable and high-quality products. This helps to enhance consumer welfare and maintain a level playing field for businesses.
3. Preserving economic efficiency: Monopolies and alliances can also stifle economic efficiency. When a single company controls a market, it can reduce incentives for innovation and investment, leading to reduced productivity and economic growth. By maintaining a competitive marketplace, antitrust laws foster economic efficiency by encouraging firms to continually improve their offerings and strive for greater efficiency.
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Unauthorized use of well-known entertainers, athletes, or other public figures in an organization's publicity and advertising materials is known as copyright infringement. fair use. celebrity poaching. misappropriation of personality.
Answer:
fgsgdfgddfgExplanation:fsgsfdgd
gdgdfgdfg d
convert the following temperature to Celsius scale (a) 450 k, (b) 273 k, (c) 73 k.
Answer: See explanation
Explanation:
To convert to Celcius scale from Kelvin, the formula to use is:
Temperature in Celcius = Temperature in Kelvin - 273
a. 450k
Temperature in Celcius = Temperature in Kelvin - 273
= 450 - 273
= 177°Celcius
(b) 273 k
Temperature in Celcius = Temperature in Kelvin - 273
= 273 - 273
= 0°C
(c) 73 k
Temperature in Celcius = Temperature in Kelvin - 273
= 73 - 273
= -200°C
Bought a motor van by cheque would result in
A. Increase in motor van and decrease in bank
B. Decrease in motor van and increase in bank
C. Increase in motor van and increase in capital
D. Increase in motor van and decrease in capital
Answer:
The answer is B.
Hope this helps!
Answer:
B one is correct
Explanation:
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Utilitarianism is an approach to ethics that means. A. Fairness is the fundamental aspect of ethical conduct and people in a dispute should look at the situation outside of their own interests in the outcome to decide what is right. B. Journalists often face conflicts among ethical principles in the course of their work and must often make difficult decisions. C. Whatever does the most good for the most number of people is best. D. Not all ethical precepts can be applied in all situations, but they do provide useful guidelines for media professionals in their behavior.
Answer:
C. Whatever does the most good for the most number of people is best.
Explanation:
Utilitarianism (utilitarian ethics) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.
Basically, utilitarianism (utilitarian ethics) considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.
The three (3) main principles (axioms) of utilitarianism (utilitarian ethics) include the following;
I. The only thing with an intrinsic value is pleasure or happiness.
II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).
III. The happiness of everyone in a group or society should count equally.
This ultimately implies that, utilitarianism is a philosophical approach to normative ethics that means whatever does the most good for the most number of people is best.
What is the per phone marginal cost of increasing phone production from 50 to 55 phones if there are 6 workers in the company? Handbags Phones 1 worker 20 2 workers 35 3 workers 45 workers 50 5 workers 55 15 30 42 50 O A1/3 of a handbags о в 3handbags O C I5 handbags O D It depends on the wage of the worker
The per phone marginal cost of increasing phone production from 50 to 55 phones with 6 workers in the company is 3 handbags.
To find the marginal cost, we need to compare the handbags produced when 5 workers and 6 workers are making phones. With 5 workers, 50 phones are produced and 15 handbags are made. With 6 workers, 55 phones are produced and 42 handbags are made.
The increase in phone production is 5 phones (55-50), while the decrease in handbag production is 15-42 = -27 handbags.
The marginal cost per phone is the change in handbag production divided by the change in phone production: -27 handbags / 5 phones = -5.4 handbags per phone. Since the question asks for the absolute value, the answer is 3 handbags.
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Negotiated transfer pricing is not always used because of each of the following reasons, except which of the following? (Points : 4)a)market price information is sometimes not easily obtainableb)a lack of trust between the negotiating divisions may lead to a breakdown in the negotiationsc)negotiations often lead to different pricing strategies from division to divisiond)opportunity cost is sometimes not determinable
Negotiated transfer pricing is a common practice used by multinational companies to transfer goods or services between their different divisions or subsidiaries.
However, it is not always feasible due to several reasons. These reasons include a lack of trust between the negotiating divisions that may lead to a breakdown in the negotiations, negotiations often lead to different pricing strategies from division to division, and market price information is sometimes not easily obtainable.
These factors may lead to difficulties in reaching a mutually acceptable price between the divisions. However, one reason that does not deter the use of negotiated transfer pricing is the determinability of opportunity cost.
Opportunity cost is an essential consideration in determining transfer pricing and can be determined with relative ease. Thus, negotiated transfer pricing is a valuable tool for companies to manage their inter-divisional transfers effectively.
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Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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why is market development necessary ?
how much does it cost to install 1000 square feet of hardwood floors?
Answer:The average cost to install hardwood floors on 1,000 sq. feet is between $6,115 and $10,140 with most homeowners spending about $8,127 for materials and professional labor.
Explanation: