PLEASE HELP WITH CORRECT ANSWER
Why are staffing firms a useful resource you can use in a job search for a career in hospitality and tourism?

They can negotiate better salaries and terms of employment once you are hired.
They host in-person gatherings where you can meet others in the hospitality industry.
They provide crucial trainings for specific job skills in the hospitality and tourism industry.
They work with companies to help them find the best candidates for open positions.

Answers

Answer 1

Staffing firms a useful resource you can use in a job search as ---They work with companies to help them find the best candidates for open positions.

Option D is correct.

Staffing Firm:

A staffing agency - also known as search, recruitment, staffing agency or service - is an organization that connects businesses with job seekers. Registering with a recruitment agency gives you the opportunity to connect with multiple hiring managers looking for the right person for your job.

Why are staffing important?

Find suitable resources. Human Resources plays a very important role in finding the best resources needed to run the company's day-to-day operations. In other words, staffing is the process of finding qualified resources to perform various functions of an organization.

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Related Questions

10. public policy toward monopolies suppose that a computer software company controls the operating system market. although the government knows that the price is higher than it would be in the presence of competition, it believes that such profits are crucial to incentivizing innovation in the high-tech industry, a policy goal of the government.
Which of the following policy options might most effectively enable the government to achieve its objectives in this situation?
a. Do nothing at all.
b. Regulate the pricing behaviour.
c. Turn the company into a public enterprise.
d. Use the law to increase competition.

Answers

The following policy alternatives might best help the government achieve its goals: turn the business into a public enterprise.

What do you mean by policy?

An collection of people, a commercial organisation, an government, or perhaps a political party that has publicly agreed to a plan of action for dealing with certain circumstances.

Briefing:

Any natural monopoly, like an electric utility, will go from a private to a public company when it is obliged must sell to a public organisation. The government that considers energy to be a public good might decide for such a programme, which is typically how utilities are provided in Europe.

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TRUE OR FALSE breyona is a district manager who oversees several store managers in a national children's clothing retail chain. breyona reports directly to the vice president of marketing, a member of top management. breyona is a middle manager

Answers

It is accurate to say that since Beryona is a middle manager, he should answer to upper management.

A manger is who?

A manager is someone who is responsible for supervising the allocation of resources or the coordination of human resources within an organisation. As a result, a manager is a person who performs managerial duties.

Who makes good managers?

Effective listeners improve their communication abilities as managers. They allow other people to speak. They clearly understand the organization's mission and convey it to their team members in a way that motivates them. They updated their coworkers on company advancements.

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which of the following options is not included in the marginal cost of a production decision? the fixed salary of the site manager the additional pay given to workers who work extra hours the inputs used to produce more goods/services

Answers

The option that is not included in the marginal cost of a production decision is: the fixed salary of the site manager. Option A

What is marginal cost?

The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and eventually profits by calculating the marginal cost.

The additional cost to produce a new good is known as the marginal cost. Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.

The following is the formula for determining marginal cost: Cost change minus quantity change equals marginal cost.

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A(n) ________ maintains a clear sense of purpose and a firm idea of what is involved in creating the project.
A) politician
B) ambassador
C) cheerleader
D) visionary

Answers

A visionary  maintains a clear sense of purpose and a firm idea of what is involved in creating the project. It entails identifying and managing risks, as well as careful resource management, prudent budgeting, and clear communication among multiple teams and stakeholders.

A project champion is the team member in charge of project management. This is the person in charge of ensuring that everyone is on the same page and on track to complete the project successfully and on time. Project managers oversee the budget, stakeholders, and roles of team members to ensure that deadlines are met. Project managers are also responsible for the team's efficiency, but their primary focus is on inspiring the team and encouraging the development of new ideas.

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where the average total cost curve for a natural monopoly crosses the demand curve, the average total cost curve is rising. the marginal revenue curve also crosses the demand curve. the marginal cost curve is below the average total cost curve. the marginal revenue curve is rising. the marginal cost curve also crosses the demand curve.

Answers

The marginal cost curve is lower than the average total cost curve where the average total cost curve for a natural monopoly crosses the demand curve.

The total cost divided by the quantity produced represents the average overall cost of a firm's output. For the majority of businesses, a U-shaped graph results from graphing the average total cost (ATC) on the y-axis and the amount of production on the x-axis.

The little rectangle on top of the overall revenue rectangle represents the company's profit. It's a TR-TC. The company would experience a loss if the monopolist's average cost was higher than the price of its goods. The corporation is losing money in the right-hand graph since its average cost curve is higher than its pricing.

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Which one of the following statements is NOT true?
A) Interest rate changes and bond prices are inversely related.
B) Interest rate risk is the risk that bond prices will change as interest rates change.
C) As interest rates increase, bond prices increase.
D) Long-term bonds are more price volatile than short-term bonds of similar risk.

Answers

One of the following statements is FALSE: Long-term bonds have more price volatility than short-term bonds with comparable risk. because the prices of bonds and interest rates are inversely correlated.

The danger of interest rates is greater for long-term bonds than for Long-term  bonds. Additionally, these investments can be made by investors who are ok with the market's shifting interest rates. For investors wanting security and a fixed rate of interest paid semi-annually until the bond's maturity date, Treasury bonds can be an excellent investment. Bonds play a significant role in the asset allocation of an investment portfolio since their interest rate return serves to balance out the volatility of equities prices.

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usage rate segmentation best explains how a fraction of the segment can make up a portion of consumption.

Answers

Customers are divided into groups based on how frequently they use the product using a technique called use rate segmentation. It aids product managers in learning which features people enjoy and dislike the most.

What is usage rate?

Usage rate shows what proportion of a product's features are used by customers, as well as which aspects they prefer and avoid.

What are the type of usage rate segmentation?

There are 4 types of usage rate segmentation:

New users

Power users

Advocates

Inactive users

What are the difference between Usage rate segmentation and behavioral segmentation?

Usage rate segmentation is a crucial component of behavioral segmentation and one of its components.

The practice of segmenting users based on their behavioral participation is known as behavioral segmentation. Customers can be divided into groups, for instance, according to their NPS rating, customer journey stage, engagement score, reached milestones, etc.

Contrarily, utilization rate segmentation categorizes clients into groups based on the length of time they spend using your product and the number of features they access.

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which of the following is not a development cost associated with an information system? group of answer choices training employees hardware and software all of the options are development costs. maintenance costs

Answers

This is not a development cost associated with an information system : Purchasing hardware and software up front is frequently.

An information system is a mixture of software program, hardware, and telecommunication networks to accumulate beneficial data, especially in an enterprise. Many businesses use information era to finish and manipulate their operations, engage with their clients, and stay beforehand of their competition.

An information machine is a proper, sociotechnical, organizational system designed to accumulate, procedure, store, and distribute data. From a sociotechnical angle, information structures are composed by means of four components: task, people, shape, and generation.

Statistics systems are collections of multiple records assets (e.g., software program, hardware, laptop machine connections, the machine housing, machine users, and pc machine facts) to gather, manner, keep, and disseminate statistics.

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for a retail website, the revenue per session kpi determines whether new traffic driven through additional advertising is profitable focuses on enticing shoppers to purchase higher-priced items during each sales transaction looks to increase the number of new sessions identifies the percentage of completed transactions

Answers

For a retail website, the revenue per session KPI helps to determines whether new traffic driven through additional advertising is profitable. The Option A is correct.

What is revenue per session?

Also known as average revenue per session, refers to the average amount of money generated by every unique session or visit to your website. Retailers calculate the ARPS by dividing the total revenue in a particular time frame by the total number of unique website visits.

The session helps retailers to determine the health and performance of their brand and can provide insights into the effectiveness of existing strategies, identifying which efforts are generating result.

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Which of the following statements about the statement of cash flows are correct? (Check all that apply.) Check all that apply. It is a detailed disclosure of individual cash flows. In certain circumstances, it can replace the statement of retained earnings. The purpose is to report cash receipts and cash payments during a period. Read about this Do you know the answer? Think so ns No idea 40 Items left

Answers

Reporting monetary inflows and outflows over a time is the goal. The correct response is option (c).

Define Cash flow.

The amount of money a business made or spent overall during a given time period is measured by something called cash flow. Cash flow from operating operations, cash flow from investment activities, and cash flow from financing activities are frequently separated on the statement of cash flows, a common financial statement.

Cash flow analysis gives crucial details about a company's financial health at business profitability on the income statement. You can learn the source of cash inflows, such as sales, loans, or investors, as well as similar information on outflows. The majority of businesses can deal with short-term negative cash flows, but not long-term ones.

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Horizontal conflict causes problem between different types of marketing intermediaries that handle similar products. The biggest advantage of a physical distribution system is that its components are independent and hence, a decision in one area is unlikely to affect the functioning of the other components. T/F

Answers

False. Horizontal conflict can cause issues between different types of marketing intermediaries because they can be competing for the same products or services. This can lead to inefficient decision making and inefficiencies in the system.

What does Horizontal conflict means?

Horizontal conflict occurs in the workplace when two or more people or groups with an equal level of power, such as peers, colleagues, or teams, disagree. Different personalities, working styles, goals, and values can all contribute to these conflicts. If left unresolved, horizontal conflicts can be detrimental to a workplace, resulting in decreased job satisfaction, increased stress, and decreased productivity.

What does Services mean?

Services are activities or benefits that are provided by someone or something to meet the needs of another. Services can range from basic needs such as food and shelter to specialized services such as medical care and entertainment.Services are usually provided in exchange for some form of payment, such as money, goods, or services. They can also be provided freely, as in public services, or as a charitable act.

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Below are batting averages of the New York Yankees players who were at bat five times or more in 2006.
Batting Averages for the 2006 New York Yankees
Player Avg Player Avg Player Avg
Derek Jeter 0.343 Miguel Cairo 0.239 Sal Fasano 0.143
Johnny Damon 0.285 Bobby Abreu 0.330 Terrence Long 0.167
Alex Rodriguez 0.290 Hideki Matsui 0.302 Kevin Thompson 0.300
Robinson Cano 0.342 Gary Sheffield 0.298 Kevin Reese 0.417
Jorge Posada 0.277 Craig Wilson 0.212 Andy Cannizaro 0.250
Melky Cabrera 0.280 Bubba Crosby 0.207 Randy Johnson 0.167
Jason Giambi 0.253 Aaron Guiel 0.256 Wil Nieves 0.000
Bernie Williams 0.281 Kelly Stinnett 0.228 Andy Phillips 0.240 Nick Green 0.240 PictureClick here for the Excel Data File
(a) Prepare a frequency distribution using a bin width equal to 0.05. (Round your "midpoint" and "width" answers to 3 decimal places.)

Answers

Here is the frequency distribution for the 2006 New York Yankees batting averages, using a bin width of 0.05:

Bin Lower Bound Midpoint Upper Bound Frequency

1 0.000 0.025 0.050 4

2 0.050 0.075 0.100 2

3 0.100 0.125 0.150 2

4 0.150 0.175 0.200 1

5 0.200 0.225 0.250 3

6 0.250 0.275 0.300 2

7 0.300 0.325 0.350 4

To create a frequency distribution using a bin width of 0.05, we first need to determine the range of the data. The range is the difference between the highest and lowest values in the data set.

In this case, the highest batting average is 0.343, and the lowest batting average is 0.000. So the range is:

0.343 - 0.000 = 0.343.

Next, we need to divide the range by the bin width to determine the number of bins we will need. In this case, we will need

0.343 / 0.05 = 6.86 bins.

Since we cannot have a fractional number of bins, we will need to round up to 7 bins.

Now we can create our frequency distribution by dividing the range into 7 equal bins, with a width of 0.05. The midpoint of each bin will be equal to the lower bound of the bin plus half of the bin width. For example, the first bin will have a lower bound of 0.000, and the midpoint will be 0.000 + 0.05 / 2 = 0.025.

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Option 1: Your economics professor assigns a group project for the course. Describe the free-rider problem that can lead to a suboptimal outcome for your group. To combat this problem, the instructor asks you to evaluate the contribution of your peers in a confidential report. Will this evaluation have the desired effects?

Answers

Outcome evaluation is a technique of finding out how properly a software achieved its goals by measuring results. To verify how nicely a software done desired objectives, it is first important to have in reality described objectives. Next, there must be a way to measure how well the objectives are being achieved.

How will you determine result contrast to attain its want objectives?

Outcome evaluation is a technique of determining how nicely a program performed its goals by means of measuring results. To ascertain how properly a application performed preferred objectives, it is first vital to have clearly defined objectives. Next, there must be a way to measure how well the objectives are being achieved

Research impact is regularly measured the use of quantitative methods such as quotation counts, the h-index, and journal affect factors. It can additionally be described qualitatively. Currently, there is no one device or gadget that totally measures impact.

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market structures for each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model. select the matching entry for each dropdown box in the following table. scenario number of firms type of product market model in a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. there are dozens of pasta producers that sell pasta to hundreds of italian restaurants nationwide. the restaurant owners buy from the cheapest pasta producer they can. while pasta manufacturers must pay licensing fees to their local government and undergo regular food-safety inspections, anyone who has passed inspections can acquire and maintain their license. many identical perfect competition in a small town, there are four providers of broadband internet access: a cable company, the phone company, and two satellite companies. the internet access offered by all four providers is of the same speed. almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. the government has granted the u.s. postal service the exclusive right to deliver mail.

Answers

The identification of the market structures for each of the scenarios is given below.

What are the market structures?

1. Number of firms: Option c. Many

Type of product: Option d. Differential

Market Model: Option c. Monopolistic Competition.

There are numerous businesses selling the commodities in this form of competition. The declining demand curve for this will be observed.Examples include utilities, supermarkets, restaurants, etc.

2. Number of firms: Option b. Few

Type of product: Option c. Identical

Market Model: Option a. Oligopoly

Oligopoly is a term used to describe a situation in which many large organizations dominate a market.For instance, in the taxi industry, customers are more concerned about their services than similar items.

3. Number of firms: Option a. One

Type of product: Option a. Unique

Market Model: Option d. Monopoly

A monopoly occurs when control and management of the firm are exercised by a single entity.When a company is the only one operating in a given industry, as with AIDS medicine manufacturers, the results may be singular.

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See correct question below

For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model.

1. There are hundreds of colleges and universities that serve millions of college students each year. The colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs.

Number of firms:

a. One

b. Few

c. Many

Type of product:

a. Unique

b. Anything

c. Identical

d. Differential

Market Model:

a. Oligopoly

b. Perfect competition

c. Monopolistic Competition

d. Monopoly

2. In a large city, two taxi companies own all the licenses that the city will grant to operate taxis. Consumers don't care which cab company they take- if they decide it's worth taking a cab, they flag down the nearest one.

Number of firms:

a. One

b. Few

c. Many

Type of product:

a. Unique

b. Anything

c. Identical

d. Differential

Market Model:

a. Oligopoly

b. Perfect competition

c. Monopolistic Competition

d. Monopoly

3. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug.

Number of firms:

a. One

b. Few

c. Many

Type of product:

a. Unique

b. Anything

c. Identical

d. Differential

Market Model:

a. Oligopoly

b. Perfect competition

c. Monopolistic Competition

d. Monopoly

Athletix Shoe Company is bringing a new shoe to the market, so it begins a series of ads meant to highlight the new shoe for customers. These ads can be best described as ________ advertising.
a. brand
b. institutional
c. advocacy
d. competitive
e. public service

Answers

These ads can be best described as Brand advertising.

What is brand advertising?

In order to reinforce identification and foster greater consumer loyalty, brands, products, and services may employ brand promotion to raise awareness of their existence. It can make use of all popular advertising strategies, including social media marketing and search engine marketing. Coca-Cola is among the most well-known examples of brand advertising because of its potent emotional links and enduring brand identity. As we can see, the goal of brand advertisements is to establish a strong brand identity rather than to quickly sell the goods. Brand advertising aids businesses in raising awareness, extending their reach, and increasing client recognition of their brand. It does this, for instance, by highlighting their brand narrative.

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The cost of merchandise sold during the year was $54,000. Merchandise inventories were $10,500 and $12,500 at the beginning and end of the year, respectively. Accounts payable were $6,000 and $9,000 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise total

Answers

The cash payments for merchandise total using the direct method of reporting cash flows from operating activities is $49,000.

How do you determine the cash payments for merchandise?

To determine the cash payments for merchandise using the direct method of reporting cash flows from operating activities, you can use the following formula:

Cash payments for merchandise = Cost of merchandise sold - (Ending inventory - Beginning inventory) - (Ending accounts payable - Beginning accounts payable)

Plugging in the given values, you get:

Cash payments for merchandise = $54,000 - ($12,500 - $10,500) - ($9,000 - $6,000)

= $54,000 - $2,000 - $3,000

= $49,000

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Yiannis is the CEO of a company that has cornered the market on products for both amateur and professional golfers and is the primary seller for the majority of
these products in the marketplace. What BEST describes the competitive structure that Yiannis's business participates in?


A. Monopoly
B. Perfect competition
C. Monopsony
D. Monopolistic competition

Answers

Monopolistic competition describes the competitive structure that Yiannis's business participates in.

What does  Monopolistic competition mean?

Monopolistic competition is an economic model in which multiple sellers offer similar but slightly differentiated products. This type of competition allows a large number of firms to exist in the same market, each with some degree of pricing control. Firms can gain a competitive advantage by differentiating their products by adding features, improving customer service, or pursuing other strategies.

What does Services Mean?

Services are activities that benefit either an individual or an organization. Services can include a variety of tasks, ranging from financial advice and legal assistance to maintenance and repair work. Intangible activities such as emotional support, education, and entertainment can also be included.

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mahrouq technologies buys $16,115,771 of materials (net of discounts) on terms of 7/30, net 60, and it currently pays within 30 days and takes discounts. mahrouq plans to expand, and this will require additional financing. if mahrouq decides to forego discounts and thus to obtain additional credit from its suppliers, calculate the nominal cost of that credit.

Answers

Mahrouq's nominal cost of the credit after additional credit is $ 91.58.

(.07/1-.07)*(365/30)

= 0753 × 12.1667

= 0.9158

= 91.58

The term "nominal" is used frequently in finance and has numerous definitions. It means very little or significantly less than the actual worth or cost in the first instance. This adjective is used to modify nouns in finance like fee and charge. A nominal fee is one that is less than the cost of the good or service offered, is likely affordable for the customer, or is so minor as to not significantly affect the recipient's financial situation. A rate that has not been adjusted for inflation is also referred to as nominal. Nominal can also be used in the context of finance and economics to describe an unadjusted rate or a change in value.

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_______ is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries.
The Better Business Bureau

Answers

BBB is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries .

What exactly is the BBB (Better Business Bureau)?

A private group called the Better Business Bureau (BBB) informs the public about companies and nonprofits. It also deals with client concerns concerning businesses. The nonprofit bureau has created a scale from A+ to F-based rating system for companies. The ethics and performance of each company are taken into account when assigning a rating. The BBB advises businesses on ethical conduct. Businesses who adhere to these guidelines and pay yearly dues can be accredited by the agency. A company must operate transparently, possess the necessary permits, abide by BBB advertising guidelines, and have no unresolved customer complaints in order to be accredited.

A definition of the Better Business Bureau may include its goal of enhancing community and business trust. The public can learn more about companies, brands, and charities by using the BBB business profiles. The Council of Better Business Bureaus, a self-regulatory body, is the umbrella body for local bureaus in the United States, Canada, and Mexico.

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In an open-market purchase the Federal Reserve ________ government bonds from the public and the supply of bank reserves ________.

Answers

In an open-market purchase the Federal Reserve buys government bonds from the public and the supply of bank reserves increases.

The open-market refers  generally to an economic condition close to free trade. It is also defined as an unrestricted market with free access and competition of buyers and sellers.

The open-market are of four types: main refinancing operations, longer-term refinancing operations, fine-tuning operations and structural operations.

The government bonds are those bonds which is issued by the government to repay borrowed money. The company gets less investor due to the government bonds because company gives low yields.

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As the replenishment lot size grows, the cycle inventory at the firm grows, thus increasing the cost of holding inventory. TRUE.

Answers

The cost of retaining inventory rises when the replenishment lot size and the company's cycle inventory both increase. Quantity discounts reduce the unit cost while often boosting the minimum batch size.

How does inventory work?

Inventory is the collective term for all the goods, products, and supplies that a business maintains on hand with the intention of reselling them for a profit. If a newspaper vendor uses a vehicle to deliver newspapers to customers, just the newspaper will be considered inventory.

What does inventory actually imply at work?

Inventory consists of goods or resources that a business intends to resale to customers at a profit. Inventories management is an essential part of the supply chain and involves tracking inventory from manufacturers to warehouses.

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If country A can produce both goods X and Y more efficiently, that is, with smaller absolute amounts of resources, than can country B:
A. then there is no possible basis for mutually advantageous specialization and trade between A and B.
B. we can conclude that A is an industrially advanced economy and B is a developing economy.
C. mutually advantageous specialization and trade between A and B may still be possible.
D. it will necessarily be advantageous for B to import both X and Y from A.

Answers

Country B can mutually advantageous specialization and trade between A and B may still be possible. Even though country A may be able to produce both goods X and Y more efficiently than country B, this does not mean that it is not possible for both countries to benefit from specialization and trade.

Country A may specialize in producing one good, while Country B specializes in producing the other. This allows both countries to benefit from economies of scale and to produce more of each good than either country could produce on its own. This mutually advantageous specialization and trade may be beneficial to both countries.

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changes in the discount rate or the required internal rate of return used to complete net present value analysis can have a significant impact on the estimated value of the investment

Answers

To consider the IRR as a trustworthy approach of project evaluation, a comparison between it and a discount rate is required. when the discount rate is greater than the IRR.

What is the formula for the discount rate?

how to determine the discount rate The weighted average capital cost (WACC) or adjusted present value are the two main formulae for calculating the discount rate (APV). The APV discounting equation seems to be: APV Equals NPV + PV of the effect of financing, while the WACC discount equation seems to be: WACC = E/V x Ci + M s x Cd x (1-T).

What does 3% off mean?

Using a 3% discount rate, we then assert that $1 is worth $1 today, which equals the current value of $1.03 paid in a year. If $1 is kept in a bank for further than a year, compound interest will be earned on the investment

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.Which of the following was a consequence of the shift to sharecropping and the crop lien system in the late nineteenth-century South?
(A) A major redistribution of land ownership
(B) A diversification of crops
(C) A cycle of debt and depression for Southern tenant farmers
(D) A rise in cotton yields per acre from antebellum production levels
(E) The termination of the control exerted by White landowners over former slaves.

Answers

In the late nineteenth-century South, the switch to sharecropping and the crop lien system resulted in a cycle of debt and misery for tenant farmers. The correct response is option (C).

Define sharecropping.

A landowner who owns agricultural land will grant a tenant the right to use the land in exchange for a share of the crops that are raised there is called as sharecropping.

The crop lien system was a well-liked source of funding for cotton planters in the South of the United States between the 1860s and the 1940s.

In order to aid tenant farmers and sharecroppers in getting better conditions from landlords, the Southern Tenant Farmers Union was founded in July 1934, at the height of the Great Depression.

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Olena Mirrors records bad debt using the allowance, income statement method. 3 They recorded $343,160 in accounts receivable for the year and $577,930 in credit sales. The 4 uncollectible percentage is 4.4%. On May 10, Olena Mirrors identifies one uncollectible account 5 from Elsa Sweeney in the amount of $2,870. On August 12, Elsa Sweeney unexpectedly pays 5 $1,441 toward her account. Record journal entries for the followingA. Year-end adjusting entry for 2017 bad debtB. May 10, 2018 identification entryC. Entry for payment on August 12, 2018

Answers

A. Year-end adjusting entry for 2017 bad debt

In this case, the amount of estimated bad debt would be $343,160 * 4.4% = $15,039.60. The journal entry would be:

Debit Bad Debt Expense: $15,039.60

Credit Allowance for Doubtful Accounts: $15,039.60

The adjusting entry for 2017 bad debt at year-end would include a debit to Bad Debt Expense for the amount of the estimated bad debt, and a credit to Allowance for Doubtful Accounts, the contra asset account.

B. May 10, 2018 identification entry

The identification entry for the uncollectible account from Elsa Sweeney on May 10, 2018 would include a debit to Allowance for Doubtful Accounts for the amount of the uncollectible account, and a credit to Accounts Receivable. The journal entry would be:

Debit Allowance for Doubtful Accounts: $2,870

Credit Accounts Receivable: $2,870

C. Entry for payment on August 12, 2018

Debit: Accounts Receivable $1,441

Credit: Cash $1,441

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Which of the following is true in the long run, following a deliberate expansion of the money supply?

Answers

Real GDP reaches its starting point.

GDP definition.

overall economic output

The most often used metric for determining an economy's size is its gross domestic product (GDP). The GDP of a nation, a region (like Tuscany in Italy or Burgundy in France), or a group of nations (like the European Union) may all be calculated (EU).

How is GDP determined and what does it mean?

GDP is the total of private consumption, gross domestic product, government investment, government spending, and any other items (exports – imports). The GDP is normally calculated using the international standard by the country's official statistical office.

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Income from continuing operations, excluding special or nonrecurring items, is generally regarded as:Multiple Choicea) value-irrelevant earnings.b) transitory earnings.c) abnormal earnings.d) permanent earnings.

Answers

Income from continuing operations, excluding special or nonrecurring items, is generally regarded permanent earnings and transitory earning.

What exactly is meant by "income from continuous activities"?

A company's continued operations are recorded in the net income category known as "income from continuing operations" on the income statement. Money from ongoing activities is sometimes referred to as operating income. The bulk of successful firms rely mostly on ongoing operations for their income.

The revenue a company makes from its main business operations less the costs it has to pay to make that revenue is the income from ongoing operations. The after-tax profits the company makes from its ongoing activities are noted in this line item on the income statement.

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Suppose a public referendum is being held on whether or not to levy a tax on cigarettes. Currently, the supply of cigarettes is given by Qs = -100 + 20P. You estimate the demand for cigarettes to be Qd = 200 - 5P.You are asked to evaluate the likely effects of a tax on cigarettes equal to $1 per pack of cigarettes. Specifically, you are to file a report which predicts by how much this will reduce the amount of cigarettes sold. You are also asked to estimate the proportion of the tax that will be paid by the cigarette companies (sellers), and the proportion of the tax that will be paid by the smokers (consumers) of cigarettes.To do this, you will first need to calculate the current price and quantity of cigarettes sold.a) (6 points) What is the equilibrium price and quantity of cigarettes? Next you know from your economics class that you will need to know the price elasticity of demand and the price elasticity of supply of cigarettes. (Note: for parts b-e, please leave your answers in the form of a fraction.)b) (6 points) What is the price elasticity of demand for cigarettes at the equilibrium price?c) (6 points) What is the price elasticity of supply of cigarettes at the equilibrium price?Using your answers to b) and c), you are now able to determine what proportion of the tax will be paid by buyers, and what proportion of the tax will be paid by sellers.d) (6 points) What proportion of the tax will be paid by sellers?e) (6 points) What price will buyers pay after the tax is imposed?f) (6 points) What quantity of cigarettes will be sold after the tax??Finally, a new proposal suggests that the tax should be levied on the cigarette companies instead of the smokers.g) (6 points) From what you have learned in this class, how should you respond to this proposal?

Answers

E. Quantity of cigarettes sold is 136.

F. New proposal doesn't make a change whether tax is levied on consumers or producers. The end result remains the same.

The incidence of tax depends on the elasticity of demand and elasticity of supply and not on the party on which the tax is levied.

WHAT IS CIGARETTE TAX?

A tobacco tax, often known as a cigarette tax, is a charge imposed on all tobacco products by different levels of government, frequently with the stated intention of lowering tobacco usage or at the very least raising money for related healthcare services. Both "tobacco tax" and "cigarette tax" are commonly used.

Reason

Qs=-100+20P

Qd=200-5P

At equilibrium, Qd=Qs

-100+20P=200-5P

P*= 300/25= $12

Q*= 200-5*12= 140

Tax= $1

Qs'= -100+20(P-1) = -100+20P-20= -120+20P

New equilibrium

-120+20P= 200-5P

P*= 320/25=$12.8

Q*=200-5*12.8=136

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Which of the following statements about the opportunity cost associated with a capital budgeting project is correct?
A project's opportunity cost is a cash outlay that the firm has already paid; therefore, it should not be included in a capital budgeting analysis.
The terms sunk cost and opportunity cost generally are used interchangeably.
A project's opportunity cost is the return (cash flow) that will not be earned (generated) if funds are invested in a particular capital budgeting project.
A project's opportunity cost is not a relevant cash flow, therefore it should not be included in the capital budgeting analysis.

Answers

The stated statement indicates that The return (cash flow) that won't be generated (earned) if money is invested in a specific capital budgeting project is known as the opportunity cost of the project.

What does opportunity cost mean?

According to microeconomic theory, the value or advantage forfeited by engaging in a specific activity in comparison to engaging in quite an alternative activity is known as the opportunity cost. In plainer terms, it indicates that by choosing one activity, you are forgoing the chance to select an other.

Why is the opportunity cost significant?

Making smarter judgments can be aided by understanding opportunity cost. You may make a more informed decision including being better prepared for any ramifications of your choice when you fully comprehend the possible advantages and disadvantages of each option you are weighing.

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True or False: an advertising campaign is a series of different and unrelated ads that use multiple themes and appear in different media over a long period of time.

Answers

It is false that an advertising campaign is a series of distinct and independent advertisements that use multiple themes and appear in various media over time.

What is the advertising campaign process?

Step 1: Determine your goals and budget. Step 2: Identify your target audience. Step 3: Compose your message. Step 4: Develop a media strategy. Step 5: Conduct marketing campaigns.

What makes a good advertising campaign?

The best advertising campaigns are often those that clearly communicate your brand equity to your audience, either intrinsically or externally. People don't want to work hard to understand what you're trying to convey. So be sure to communicate your message clearly and avoid confusion.

What are types of advertising campaigns?

The type of advertising allows marketers to create campaigns that are relevant to the right people. Example: Display ads. Video ads. Mobile advertising. Native advertising. People who are interested in sports are very likely to be interested in sports apparel, so a sports apparel manufacturer can increase sales by advertising on sports blogs.

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