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Related Questions
The action of keeping financial accounts is called
PLEASE HELP
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Answer:
How Accounting Works
Accounting is one of the key functions for almost any business. It may be handled by a bookkeeper or an accountant at a small firm, or by sizable finance departments with dozens of employees at larger companies. The reports generated by various streams of accounting, such as cost accounting and managerial accounting, are invaluable in helping management make informed business decisions.
Explanation:
What is characteristic of an organization in which salespeople do most or all of their own marketing?
independent
small size
nonprofit
private
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Answer:
private
Explanation:
people are doing private marketing to earn money for themselves
is an example of structural unemployment. A construction worker who is always unemployed during the winter months A construction worker who is always unemployed during the winter months A computer programmer who leaves her job to move to Florida A computer programmer who leaves her job to move to Florida An autoworker who is replaced by a robot An autoworker who is replaced by a robot A worker who is engaged in unproductive work A worker who is engaged in unproductive work A worker who loses his job during a recession
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Answer:
An autoworker who is replaced by a robot.
Explanation:
Structural unemployment is when the people who lack skills have poor education. A poor education can't find a job and it is also called a mismatch between the worker's skill the workers can offer, along with the skills in demand by the employer. These are often brought by technological changes. other included are frictional and cyclical unemployment. As this migration or structure retraining of the employees for a long term.Changes in the net working capital requirements: can affect the cash flows of a project every year of the project's life. only affect the initial cash flows of a project. only affect the cash flow at time zero and the final year of a project. are generally excluded from project analysis due to their irrelevance to the total project. reflect only the changes in the current asset accounts.
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Answer:
can affect the cash flows of a project every year of the project's life.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.
Cash flow can be defined as the net amount of cash and cash- equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;
1. Operating cash flow: all cash generated from the business activities of an organization.
2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.
3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.
Generally, changes in the net working capital requirements can affect the cash flows of a project every year of the project's life.
Mathematically, Net cash flow = Receipts - Total payments
Excelsior's Limited, a manufacturer of health and beauty aids, is expanding its presence in several countries around the world. Excelsior's president is surprised at some of the responses the company is receiving from other countries. France gave Excelsior's Limited permission to export its product as long as the company obtained a special license first. Excelsior has been waiting six months for the license and is wondering if it will ever arrive. Excelsior's Limited is experiencing a(n) ________.
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Answer:
Administrative delay.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Licensure can be defined as the recognition (permission to practice) given to an individual by a regulatory agency or government for meeting a set of pre-defined requirements and after passing a license examination.
In this scenario, France gave Excelsior's Limited permission to export its product as long as the company obtained a special license first. Excelsior has been waiting six months for the license and is wondering if it will ever arrive. Thus, Excelsior's Limited is experiencing an administrative delay.
An administrative delay refers to the inability of a local firm to take actions on an application or service within a specific period of time due to circumstances beyond their control.
Emilia is studying global development, and in investigating underdevelopment in Africa, she turns to economist Jeffrey Sachs. She agrees with Sachs's point of view, that a. underdevelopment is an unsolvable problem because it is rooted in private property. b. the most important factor shaping Africa's history is governmental corruption. c. brutal as they may be, mass poverty and starvation help balance the human population. d. Africa's challenges include its geography and colonial legacies.
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Answer:
d. Africa's challenges include its geography and colonial legacies
Explanation:
Jeffery Sachs is an economist and a worldwide expert on fight against poverty, economic, and sustainable development.
He believes Africa's challenges include its geography and colonial legacies
Colonial legacies have resulted in continued exploitation of the African continent through continued influence present government and as a result key policies.
Geographs of the continent also poses problems. The tropical weather results in low nutrient retention by the soil, therefore more effort is used to produce substantial agricultural output
what percent increase when 8 is made to 10
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Answer:
25 percent
Where: 8 is the old value and 10 is the new value. In this case we have a positive change (increase) of 25 percent because the new value is greater than the old value.
Explanation:
i hope you understand
A percentage is a way to describe a part of a whole. The percentage increase when 8 is made to 10 is 25%.
What are Percentages?A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
Th percentage increase or decrease is calculated using the formula,
Percentage increase or decrease
= (Final value - Initial value)/ Initial value × 100%
If the result is negative than there is percentage decrease if the value is positive than there is percentage increase.
Given that the initial value was 8, while the final value was 10. Therefore, The percentage increase when 8 is made to 10 is,
Percentage = (10 - 8)/8 × 100%
= 2/8 × 100%
= 1/4 × 100%
= 0.25 × 100%
= 25%
Hence, The percentage increase when 8 is made to 10 is 25%.
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The increase in prices in an economy over time is measured by the:
A. aggregate demand
B. gross domestic product
C. rate of inflation
D. unemployment rate
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Ans C. the inflation rate
The inflation rate is the rate at which the general level of prices for goods and services is rising. If the price of a product is $X today and after a year if the price of that product is more than $X then it could be due to inflation effect, keeping other factors constant. Inflation leads to increase in price of products and services leading to decrease in their demands.
The increase in prices in an economy over time is measured by the Inflation, is an important indicator of the health of an economy, as it affects the purchasing power of consumers and the profitability of businesses. Therefore, option C is correct.
What is an inflation?Inflation refers to the sustained increase in the general level of prices for goods and services in an economy over time. In other words, it is the rate at which the purchasing power of a currency decreases over time.
Inflation can occur due to a variety of factors, such as an increase in the money supply, a decrease in the supply of goods and services, or an increase in demand for goods and services.
Inflation is typically measured by calculating the percentage change in the price level of a basket of goods and services over a period of time, such as a year or a quarter.
The rate of inflation is often used as an indicator of the health of an economy, with moderate inflation being considered healthy, while high or unpredictable inflation can have negative effects on the economy, such as reducing consumer purchasing power and increasing the cost of borrowing for businesses.
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Assume that your total cost per unit to make a snack is $4.50. Your company is using a cost-plus pricing strategy and would like to charge a 15% markup. Show your work to calculate the Selling Price of the snack as well as the Total Profit that would be made per unit. Show your work
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Answer: See explanation
Explanation:
The selling price of the snack will be the addition of the cost plus the markup. This will be:
Cost per unit = $4.50
Markup percentage= 15%
Markup = Markup percentage × Cost
= 15% × $4.50
= 0.15 × $4.50
= $0.675
Then, selling price will be:
= $4.50 + $0.675
= $5.175 per unit
Profit = Selling price - Cost price
= $5.175 - $4.50
= $0.675 per unit
The profit is the markup price.
I need help please. I just need verification if these are the right answers- if not, then please correct me.
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Flexible Budget for Various Levels of Production Budgeted amounts for the year: Materials 2 leather strips $7.00 Labor 1.5 hr. $18.00 VOH 1.5 hr. $1.20 FOH $6,800
Required: 1. Prepare a flexible budget for 3,500, 4,000, and 4,500 units. Flexible Budget Variable Cost per Unit 3,500 units 4,000 units 4,500 units
Direct materials
Direct labor
Variable overhead
Fixed overhead
Total $2.
Calculate the unit cost at 3,500, 4,000, and 4,500 units. (Note: Round unit costs to the nearest cent.)
Unit cost at 3,500
Unit cost at 4,000
Unit cost at 4,500
What happens to unit cost as the number of units produced increases?
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Answer:
Results are below.
Explanation:
Giving the following information:
Materials 2 leather strips $7.00
Labor 1.5 hr. $18.00
VOH 1.5 hr. $1.20
FOH $6,800
First, we will determine the total cost at different production levels:
3,500:
Direct material= 3,500*7= 24,500
Direct labor= 18*3,500= 63,000
VOH= 3,500*1.2= 4,200
FOH= 6,800
Total cost= $98,500
4,000:
Direct material= 4,000*7= 28,000
Direct labor= 18*4,000= 72,000
VOH= 4,000*1.2= 4,800
FOH= 6,800
Total cost= $111,600
4,500:
Direct material= 4,500*7= 31,500
Direct labor= 18*4,500= 81,000
VOH= 4,500*1.2= 5,400
FOH= 6,800
Total cost= $124,700
Finally, the unitary cost:
3,500:
Unitary cost= 98,500 / 3,500= $28.14
4,000:
Unitary cost= 111,600 / 4,000= $27.9
4,500:
Unitary cost= 124,700 / 4,500= $27.71
The production costs are essentially variable. In unitary bases, they remain constant. The fixed costs vary with the level of production on a unitary basis. Therefore, the higher the units produced, the lower the fixed unitary cost.
Sabrina is trying to decide between opening an account at a local commercial bank or at her college credit union. What TRUE statement about these two institutions will BEST influence her decision?
A.
Since commercial banks are for-profit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
B.
Since credit unions are for-profit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
C.
Since commercial banks are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
D.
Since credit unions are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
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Answer:
D.
Since credit unions are nonprofit, they can often keep their costs down, which translates into higher interest rates for savings and lower rates on loans.
Explanation:
I just took the test and got it right
A commercial bank is a type of financial institution that accepts public deposits and grants borrowers loans for profit-making investments and consumption. Hence option C is correct .
What are commercial bank or college credit union ?To distinguish it from a retail bank and an investment bank, it can alsorefer to a bank, or a section of a big bank, that works with corporations or a large/middle-sized firm. Public and private sector banks are both considered commercial banks.
Commercial banks' primary responsibility is to offer financial services to individuals and businesses in order to promote social and economic stability and long-term economic growth.
They are nonprofit, member-owned cooperatives that offer discounts and other member perks in exchange for their profits. For college students, a credit unionoffer some of the lowest interest rates available for all types of loans and credit. Additionally, they provide free and affordable checking and savings accounts.
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Ben was a salesperson for a manufacturing firm in the late 1920s. Which of the following would his employer most likely have asked him to do? a. Find out what customers really want and how the company can change its products to better meet customer needs. b. Simply take orders from customers and turn them in to the company. c. Nothing, because at this time production lagged well behind customer demand. d. Use high-pressure sales technique to sell more of the company's high production output. e. Develop long-term relationships with clients.
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Answer:
d. Use high-pressure sales technique to sell more of the company's high production output.
Explanation:
In the 1920s there was a boom in the sales due to tariffs placed on goods from outside of the United States.
So there was more patronage for locally made products.
Marketing developed as a conscious strategy for businesses.
As a salesperson for a manufacturing firm in the late 1920s Ben will be accustomed to using high-pressure sales technique to sell more of the company's high production output.
This will be the most effective role for him.
Two businesses operate in the same industry,one has an inventory turnoverperiod that is no longer than the industry average.The other has an inventories turnover period that is shorter than the industry average.What is the possible explanation for each business's inventories turnover period rations?
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Answer:
1. The first business has just adequate inventory and sales volume to meet customer need
2. The second business has insufficient inventory and high sales volume.
Explanation:
Inventory turnover period is defined as the time it takes a business to completely sell off its inventory. It represents time before the business will need to replenish goods.
In the situation where inventory turnove rperiod is no longer than the industry average, it means that inventory is neither too much or too little but optimal for the customers.
Also it means there is an optimal sales volumes.
In the situation where inventories turnover period is shorter than the industry average. This implies that there is insufficient inventory or there is fast sales of products.
Regarding product life cycles, good marketing managers know that: A. all new brands start off in the market introduction stage. B. product life cycles can be extended through product modifications. C. a product must pass through all the product life cycle stages. D. no strategy planning is needed during the sales decline stage. E. a firm should use penetration pricing during market introduction, especially if the cycle is expected to move slowly.
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Answer:
B. product life cycles can be extended through product modifications.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Regarding product life cycles, good marketing managers know that product life cycles can be extended through product modifications.
This ultimately implies that, marketing mix such as price, promotion, place and product can all be changed so as to impact or extend life cycle of a particular product.
A firm has EBIT of $375,000, interest expense of $75,000, preferred dividends of $6,000 and a tax rate of 40 percent. The firm's degree of financial leverage at a base EBIT level of $375,000 is
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Answer: 1.29
Explanation:
The following can be deduced from the question:
EBIT = $375000
Interest expense = $75000
EBT = EBIT - Interest Expense
= $375000 - $75000
= $300000
Before tax preference dividend
= Preferred dividend / (1 - Tax rate)
= 6000 / (1 - 40%)
= 6000 / 60%
= 6000 / 0.6
= $10000
The firm's degree of financial leverage will then be:
= EBIT / (EBIT - Interest expense - Before tax preference dividend)
= 375000 / (375000 - 75000 - 10000)
= 375000 / 290000
= 1.29
Therefore, the firm's degree of financial leverage is 1.29.
what do you prefer Aldi or Lidl? and why?
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15 POINTS
Describe the steps of the check clearing process.
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If a tour costs the tour operator $1,500 per person and the operator has a markup of 15 percent, how much would a pair of customers pay for tours?
$3,450
$300
$3,300
$3,000
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Brown Cow Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, $15,000; (2) up to 120 days past due, $8,000; and (3) more than 120 days past due, $3,000. Experience has shown that for each age group, the average loss rate on the amount of the receivables at year-end due to uncollectibility is (1) 3 percent, (2) 11 percent, and (3) 20 percent, respectively. At December 31 (end of the current year), the Allowance for Doubtful Accounts balance is $750 (credit) before the end-of-period adjusting entry is made. Data during the current year follow: a. During December, an Account Receivable (Patty's Bake Shop) of $700 from a prior sale was determined to be uncollectible; therefore, it was written off immediately as a bad debt. b. On December 31, the appropriate adjusting entry for the year was recorded. Required: 1. Give the required journal entries for the two items listed above. 2. Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year.
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Answer:
A1. Dr Allowance for doubtful accounts $700
Dr Account receivable $700
2. Dr Bad debt expense $1,180
Cr Allowance for doubtful accounts $1,180
B. Operating Expense
Bad debt expense $1,180
Current Assets
Accounts Receivable $24,070
Explanation:
A. Preparation of the journal entries for the two items
First step is to calculate the Allowance for doubtful account balance
Allowance for doubtful account balance = (15,000*3%+8,000*11%+3,000*20%)
Allowance for doubtful account balance =$450+$880+$600
Allowance for doubtful account balance =$1,930
Now let prepare the journal entries
1. Dr Allowance for doubtful accounts $700
Dr Account receivable $700
2. Dr Bad debt expense ($1,930-$750) $1,180
Cr Allowance for doubtful accounts $1,180
B. Calculation to Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year
INCOME STATEMENT PRESENTATION
OPERATING EXPENSE
Bad debt expense $1,180
($1,930-$750)
BALANCE SHEET PRESENTATION
CURRENT ASSETS
Account receivable $26,000
($15,000+$8,000+$3,000)
Less: Allowance for doubtful accounts ($1,930)
Accounts Receivable $24,070
Therefore the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year as :
Operating Expense:
Bad debt expense $1,180
Current Assets:
Accounts Receivable $24,070
Cuando has realizado un gran trabajo, creado un gran producto o servicio y entregado una gran experiencia de uso, es imperativo pedir recomendaciones, pero estas deben surgir producto de los hábitos dentro de... *
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La respuesta correcta para esta pregunta abierta es la siguiente.
Desafortunadamente, no incluyes alguna referencia específica para poder ayudarte a responder tu pregunta. Tampoco incluyes opciones o incisos para responder.
Sin embargo, tratando de ayudarte podemos comentar lo siguiente.
Cuando has realizado un gran trabajo, creado un gran producto o servicio y entregado una gran experiencia de uso, es imperativo pedir recomendaciones, pero estas deben surgir producto de los hábitos dentro de los sistemas y procedimientos que tenga implementado la compañía. De lo contrario, cada empleado podrá utilizar el método o la forma que él considere, lo cual no será visto de manera profesional y no causará una buena imagen de la empresa.
Además, cuando se piden recomendaciones, se debe saber cómo hacerlo, para que el cliente o el consumidor no se sienta forzado a expresar algo que no quiere.
Por esa razón, es importante que la empresa incluya este rubro como parte de sus sistemas y procedimientos establecidos en un manual de operaciones.
Monopolies are inefficient compared to perfectly competitive firms because monopolies produce output with average total cost exceeding average revenue produce output with average total cost exceeding average revenue A produce more output than is social desirable produce more output than is social desirable B charge a price less than marginal revenue charge a price less than marginal revenue C charge a price greater than marginal cost charge a price greater than marginal cost D charge a price less than average total cost
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Answer:
C. charge a price greater than marginal cost charge a price greater than marginal cost
Explanation:
A monopoly exists when the person or the enterprise is the sole provider of the goods and commodities. The supplies have complete control of the market as they form a single entity. They are thus characterized by a lack of economic competition. Due to they are monopolies they change higher prices on the outputs rather than the average revenue. Hence are called price setters.I am working on a new app what should i do should i call it, its a app to make new friends and not be lonely
Answers
Answer:
oh i will be your friend
Explanation:
will give 41 points
C. now that company Z has a list of options for improvements, how can they use step three and four of the decision making process to solve some of their problems
D. The final step of the decision making process is very important what does this step offer for company z once they have made decisions and implemented them?
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Steps 3 and 4 of the decision-making process allow the company Z to evaluate the best possible alternative based on the company's available resources. Also, step 6 allows you to evaluate that decision and learn from it.
What is the decision making process?The decision-making process is a set of actions that a company can take to improve some of its activities. Generally, the decision-making process is made up of the following 6 steps:
Identify the problem.Review the objective.Identify available resources.Identify possible alternatives.Make the most convenient decision.Execute, evaluate and learn.According to the above, steps 3 and 4, allow the company to identify the resources available to solve a problem and identify the alternatives to solve that problem with the available resources.
Additionally, step 6 allows you to implement the decision that they made and constantly improve by reviewing the results of that decision.
Note: This question is incomplete because there is some information missing. However, I can answer it based on my prior knowledge.
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Answer:
The first one is right... I got it right because of the first answer... thank you!
Explanation:
50 points pls give good answer
What do you think you'd like best about working as a hospitality manager?
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Answer:
What I would like best as working as a hospitality manager, is to make sure my establishment/place of work is running smoothly. Whether that requires me to keep up with finances, or just general peace keeping. I would ensure that my customers were 100% satisfied and felt welcome their entire stay.
Explanation:
Explanation:
I Like To Keep My Patients Healthy And Safe..
risk committee members
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Answer:
....what's the question???
Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the
unit price on your own?
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Is financial analyst hard to study?
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Financial analysts are reimbursed well. The median pay in 2010 was more than $74,000 annually, according to the most recent figures released by the U.S. Bureau of Labor Statistics. ... Working as a financial analyst is an extremely stressful career, defined by long work hours and high pressure levels.
It may be hard but not IMPOSSIBLE!
Best wishes! :)
what was the physical change that happens to Jodi’s character in Tall Girl? Movie
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Jodi is very tall at around 6 foot 1, she is very self-concious about it and doesn't really know how it happened
(She assumes it was a gene that may have skipped a generation or two)
It may be a gene mutation, and she has no idea how exactly it happened. No one does.
(24^0)+(4^0). solve this problem fast
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Answer:
your answer will be 2
Explanation:
hope it helps you..
Answer:
solution : -
[tex]24 {}^{0} + {4}^{0} [/tex][tex]1 + 1[/tex][tex]2[/tex]