What is the economic term for the act of sacrificing one good or service to purchase or produce another?

Your firm is the auditor of Heidi and George Co. The audited financial statements for the year ended December 31, 2019, show the company's revenue was $ 4.9 million and the profit before tax was $464,000. The part of the working papers that records audit work on the bank reconciliation at December 31, 2019, noted cash receipts of $18,500 recorded in the cash book before the year end that were not credited to the bank statement until a week after year end. No further work was carried out because the amount was not considered material, and that conclusion was noted in the audit working papers. In March 2020, the company investigated delays in depositing cash receipts and discovered a fraud of $45,000. The fraud was carried out by the cashier who was responsible for depositing all receipts and preparing the bank reconciliation.Requireda. What further work should the auditor have done in this situation (if any)? (5 marks)b. Should this have been reported? If so, to whom? (4 marks) In Alan Lakein's book How to Get Control of Your Time and Your Life, he states that daily time use should directly related to ______________. The common law of employment is based on: Legislation passed by the government Collective agreement Interpretation of employment contracts None of the above Peoples United is paying a dividend of $2.25 per share today. Before the dividend, the company had earnings per share of $1.81, There are 307,000 shares outstanding with a market price of $67 per share prior to the dividend payment ignoring taxes, what will happen as a result of this dividend: Maltipie Choice rerained earnings will decrease by $235000 the approximate price of the stock will be close to $64.75total value of the company will increase by the anmont of the divalud price-earnings ratio will be 3957 Two numbers between 0 and 1 on a number line are to be chosen at random. What is the probability that the second number chosen will exceed the first number chosen by a distance greater than 1/4 unit on the number line? Express your answer as a common fraction. Can you get into an ivy league with one ap class marquise is studying for his biology test. he only has an hour, because he has lots of other homework to get through as well. whats the best use of marquises time?] A payment from a proprietorship of parthership to its owner or owners is calied a(n): a Dividend. b Withdrawal. c Expense Equity d Cheque Wear \& Care Sdn Bhd (Wear \& Care) is an apparel company that designs adaptive clothing. Adaptive clothing is explicitly made for people with difficulties in dressing themselves due to age, disability, or general lack of mobility. The company was founded by Encik Yahya in 2007 with a shoestring budget. The business started small by providing comfortable adaptive clothing for the elderly, using deadstock fabrics that would otherwise go to waste. Encouraged by the success of its existing garment, the adaptive clothing is extended to people of any age with a temporary or permanent disability. Over the years, Wear \& Care has expanded its operation by offering a wider range of adaptive apparel such as tops, dresses, pants, shirts, socks and patches, swimwear, and health wear. In 2019, Wear \& Care's garments were regarded as the country's best adaptive apparel. Encik Yahya is considering a new business venture. He is keen on embarking upon a venture in a lightweight airbag jacket, catered for any individuals susceptible to fall-related injuries. The jacket offers comfort to the elderly and people with disability. It tracks the user's centre of gravity by using microscopic sensors. When the sensor detects a devastating fall, the airbag will inflate in less than a half-second, which ultimately reduces the chance of serious injury. Clients and carers have constantly requested a similar jacket from Encik Yahya. Based on his previous engagement with local hospitals, he noticed that hip and spinal injuries are common among the elderly and contributed to the highest costs of all the fall-induced fractures. The Wear \& Care research team also discovered that falls are the second leading cause of unintentional deaths worldwide and adults older than 60 years of age suffer the greatest number of fatal falls. The statistic for senior citizens is gradually increasing in Malaysia. There are 2.9 million people aged 60 and above with one in six people experiencing at least one fall over a 12-month period. The current airbag jackets are well accepted in Japan. Even though these jackets have been commercialised by the Japanese company in some Malaysian pharmacies, Encik Yahya discovered that the existing jackets were sold with extremely high markups and limited sizes. Since customers expected that such merchandise should be tried-on and tested in stores, it is difficult for retailers to use an online ordering system. Encik Yahya saw this as an opportunity and quickly developed a simple business model. It aims to develop a similar lightweight airbag jacket using heat-resistant materials, provides size charts for online orders, and offers products at an attractive price with free delivery. Wear \& Care also lessens the customers' concerns about ordering online by offering a 90-day guarantee and free returns. Similarly, an in-store appointment can be scheduled for those who prefer an instore experience. Encik Yahya strongly believes that the new project is attainable and realistically achievable since the company has skillful manpower and the required resources. a. Discuss how Encik Yahya can recognize any business opportunity in determining whether the idea is strong enough to become a new business venture. b. Elaborate on the three (3) strengths and three (3) weaknesses of the entry strategy chosen by Wear \& Care for its new business venture. c. Suggest four (4) human resource management practices that Wear \& Care can use to capture value from innovation. I want a business plan for a cafe and a financial statement forit as well. Power users seldom work with UNIX because of its rigidity and vulnerability. True False. In a game, a game round costs $20. The game is designed so that in one million game rounds, 10,000 winnings of $250 are randomly drawn, 5,000 winnings of $500, 2500 winnings of $750and 500 wins of $5000. What is the expected profit or loss in kroner if you play 1000 times? Consider the following Stackelberg environment. There are three firms in the market. All firms produce a homogenous good. Firm 1 chooses how much to supply first. Firm 2 chooses how much to supply after observing the quantity supplied by firm 1. Finally, firm 3 observes the quantity supplied by firm 1 and firm 2 and chooses how much to supply. The market demand is Q=120P. For firm i, the total cost function is TC(q i )=20q i What is the quantity produced by firm 2? Compute the derivative of the given function. 11.f(x)=7x25x+712.g(x)=14x3+7x2+11x29 The housing price in Melbourne is increasing rapidly. Now Katie is 23 years old and justgraduate from Deakin, having a job with an annual after-tax salary of $70,000. She is planningto buy a three bedroom house in eastern Melbourne without using any home loan. If Katie cansave and deposit half of the after-tax salary at the end of each year in Bank A, what is thehighest house price Kate can afford when she is 35 years old, assuming an annual interest rateof 3.5% in Bank A?If Katie wants to buy a house of $700,000 when she is 35 years old, how much she needs tosave and deposit at the end of each year from now. how to apply credit memo to invoice in quickbooks online Rank the following ironcarbon alloys and associated microstructures from the highest to the lowest tensile strength:(a) 0.25 wt%C with martensite(b) 0.60 wt%C with tempered martensite(c) 0.60 wt%C with fine pearlite(d) 0.60 wt%C with bainite (a) > (c) > (d) > (b) (a) > (c) > (b) > (d) (a) > (b) > (d) > (c) (a) >(b) > (c) > (d) Find the indefinite integralcos(x)/1+4sin(x)dxOnline answer: Enter the value of the antiderivative whenx=1.5, rounded to the nearest tenth. A firm is considering taking a project that will produce $15 million of revenue per year. Cash expenses will be $7 million, and depreciation expenses will be $1.5 million per year. If the firm takes that project, then it will reduce the cash revenues of an existing project by $2 million. What is the free cash flow on the project, per year, if the firm is in the 40 percent marginal tax rate? a. $4.9 million b. $3.8 million c. $4.7 million d. $4.2 million The Case of the Putrid Pond Problem Statement: A very large (500,000 sq. ft. 10 football fields) sludge pond is part of a waste treatment plant. The liquid in the pond is very viscous and sticky. From time to time, unwanted floating objects (dead animals, branches, etc.) appear on the pond and must be removed. Unfortunately, covering the pond is not an option. (a) Devise ways to solve the above-mentioned problem through all the FOUR (4) brainstorming methods and describe it in detail. (15 marks) (b) Draw and describe a fishbone diagram after organizing the ideas generated from (a). (10 marks)