Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base. YEAR 1 YEAR 2 Net sales $278,700 $ 231,900Cost of goods sold 151,400 130.000Operating expenses 54,740 52,740Net earnings Year 28,520 20,320Multiple Choice A. 116.4% for Year 2 and 100.0% for Year 1. B. 36.2% for Year 2 and 40.5% for Year 1. C. 65.9% for Year 2 and 64.6% for Year 1 D. 54.3% for Year 2 and 56.1% for Year 1.

We can see consequences of an increase in long-run aggregate supply are:

Aggregate supply refers to the total quantity of goods and services that firms in a national economy are willing and able to produce in a given period of time, at a given price level. It is the sum of all individual supply curves for all goods and services in an economy.

Aggregate supply can be divided into short-run aggregate supply, which is affected by changes in the price level, and long-run aggregate supply, which is determined by the availability and productivity of factors of production.

Learn more about aggregate supply on https://brainly.com/question/15100476

#SPJ1

High-involvement consumer products, such as a house or a car, typically benefit most from a combination of different forms of advertising. These include: digital advertising.

However, depending on the specific product and audience, one form of advertising may be more effective than the others. For example, Television and radio advertising is often effective, as these forms allow for creative, impactful messages that can reach a large audience.

Where as, print advertising (newspapers and magazines) is can also effective for high-involvement products because it allows the advertiser to provide more information to the consumer than other forms.

Digital advertising, such as online or social media advertising, is also an effective way to reach potential customers for high-involvement products, as it can be tailored to target a specific demographic or location.

In conclusion, the best form of advertising for high-involvement products will depend on the product, the target audience, and the budget.

To know more about digital advertising, refer here:

https://brainly.com/question/28303630#

#SPJ11

Coca-Cola launched 500 drinks around the world, some of which are truly unique. The Indian Coke subsidiary launched a chunky mango juice. This is an example of a multi-domestic strategy.

What is a Multi-domestic strategy?

A multi-domestic strategy is a decentralized approach that is used by a multinational corporation to expand into local markets. It encourages the company to modify products and operations to meet the specific demands of the local market. This technique is often used by multinationals to increase their global presence while still being mindful of regional sensitivities, which may necessitate changes to their strategy.

Coca-Cola is a multinational corporation that uses a multi-domestic strategy. It is important to note that this is not the same as Coca-Cola's upstream and downstream strategies. The upstream strategy relates to Coca-Cola's procurement of raw materials, while the downstream strategy relates to the delivery of finished products to retailers and end-users.

learn more about Multi-domestic strategy here:

https://brainly.com/question/30002417

#SPJ11

The probability proportional to size selection is used with variables sampling only monetary.

What is probability proportional to size (PPS)? Probability proportional to size (PPS) is a method of sampling. In this technique, a weighted selection procedure is used. In other words, the probability of selecting an item is proportional to its size.

How do we use the probability proportional to size method of sampling? We use the probability proportional to size method of sampling to ensure that each item in a population has an equal chance of being selected. The probability of choosing an item is determined by its size or value.

You can read more about sampling at https://brainly.com/question/27829028

#SPJ11

When Discount Pharmaceuticals is informed by its consultants that a stroke medication poses a potential health risk, the company's income statement and balance sheet are affected. The effect of a possible product recall, which is estimated to cost $8 million, will be felt on both statements in the current period.

The income statement is a financial statement that provides information on a company's revenue and expenses for a specific period. The income statement shows a company's net income or loss by subtracting expenses from revenue.

A balance sheet is a financial statement that gives information on a company's assets, liabilities, and equity at a specific time. The balance sheet shows how much the company owns (assets), how much it owes (liabilities), and how much of the assets are funded by investors (equity).

When a product recall is probable, the estimated cost is recorded as an expense on the income statement. In this case, the estimated cost of the recall is $8 million. Therefore, the company will have an $8 million expense recorded on the income statement in the current period. When a company incurs a large expense, such as a product recall, its net income decreases. When the net income decreases, the company's equity also decreases. This decrease in equity is reflected on the balance sheet in the current period. Therefore, the company's net income and equity will decrease by $8 million during the current period.

Learn more about Balance Sheet: https://brainly.com/question/1113933

#SPJ11

The statement is "true." An example of innovative change is a department store deciding to adopt a new practice used by competitors by staying open 24 hours a day and requiring employees to work flexible schedules, a change that employees are likely to see as moderately threatening.

Therefore if it is, Staying open 24 hours a day is an example of an innovative change, as it is a change from the status quo. The practice of requiring employees to work flexible schedules may be seen as moderately threatening, as it requires employees to alter their usual routines and schedules.

For more such questions on department

https://brainly.com/question/30062392

#SPJ11


The best visual aid to demonstrate the increase in medical costs over the past ten years as compared to the increase in real income for the same period would be a line graph.

A line graph is a useful tool for displaying trends over time, making it an ideal choice for showing the change in medical costs and real income over the past decade. The x-axis of the graph would represent time, while the y-axis would show the values of medical costs and real income. Two lines could be plotted on the graph, one showing the increase in medical costs over time, and the other showing the increase in real income. This would allow for a clear visual comparison of the two trends and help to demonstrate the difference between the two increases over time.

You can learn more about line graph at

https://brainly.com/question/9699786

#SPJ11

The mean will increase, and the median will not change when a fifth accountant is hired with a $10,000 salary during the tax season. Therefore, the correct answer is option B: Both the mean and median will increase, but the mean will increase by more than the median. 

The median of a set of data is the value that is located in the center when the data are arranged in numerical order. Half of the observations lie above the median, and half lie below it.

To find the median of a data set, we arrange the observations in numerical order and then locate the median using the following rule:

The given problem suggests that a small accounting firm has 4 accountants whose salaries are between $52,000 and $58,000. During tax season, they hired a fifth accountant who earns $10,000.

Let us calculate the mean and median of the salaries of five accountants, including the one hired during tax season.

Salary of 1st accountant = $52,000

Salary of 2nd accountant = $53,000

Salary of 3rd accountant = $55,000

Salary of 4th accountant = $58,000

Salary of 5th accountant = $10,000

Let's compute the mean and median salaries.

Meansalary=(52,000+53,000+55,000+58,000+10,000)/5= $45,600

Median salary = $53,000

We observe that the mean salary of accountants increased from $54,500 ($218,000/4) to $45,600 ($228,000/5) when the fifth accountant was hired.

This is because the addition of the fifth accountant's lower salary reduced the mean value.The median of the salaries remained unaffected, and it is $53,000, which is the middle value of the five salaries.

Learn more about mean & median at

https://brainly.com/question/30891252

#SPJ11

Limited and general are the two traditional subcategories of partnership business entities .

What is a partnership business entity ?A partnership is a company where two or more people collaborate to run a company. They share profits and losses, duties, and responsibilities as well. Because there are two or more owners, a partnership is not a sole proprietorship. Furthermore, each partner has a say in how the company is run. A partnership's owners have a legal obligation to one another. They are also in charge of keeping the company running smoothly. A general partnership is the most prevalent kind of partnership. In a general partnership, all partners have a say in how the company is run, and all partners share in the firm's losses and gains.Limited Partnership: A limited partnership, also known as a limited liability partnership (LLP), is a partnership in which one or more partners is designated as a limited partner. As a result, they have limited legal responsibility for the company's debts and obligations. These partners are also less involved in the day-to-day operations of the company. The company's remaining partners are known as general partners. They are responsible for running the business and taking on the legal obligations of the firm. The general partners are also in charge of allocating profits and losses to the limited partners.

for such more questions on business entity

https://brainly.com/question/13142281

#SPJ11

A decline in the number of young people joining the workforce and an increase in the number of active employees who are postponing retirement are examples of demographic forces in the general environment.

The general environment refers to the broad social, economic, and technological aspects of an organization's environment that impact its operations. Demographic, economic, political/legal, sociocultural, technological, and ecological/natural environmental elements make up the general environment. These external variables may have a significant impact on an organization's operations, marketing, and other decision-making procedures.

In this particular scenario, we are dealing with demographic forces, which are external environmental factors that are characterized by a population's demographic trends. Changes in population demographics have a significant impact on the demand for an organization's goods and services. Furthermore, demographics can have a significant impact on human resources, marketing, and other corporate operations.

Besides demographic forces, other environmental factors that an organization may face include economic, political/legal, sociocultural, technological, and ecological/natural environmental elements. These environmental factors are referred to as general environment forces in the business context.

Learn more about general environment here: https://brainly.com/question/14697724

#SPJ11

Yes, the local boutique is an example of price discrimination, as customers have to enter the store in order to take advantage of the sale. No, Southeast Airlines is not an example of price discrimination, as it offers discounts to everyone who downloads its app and meets the specified criteria for travel.

What is Price Discrimination?
Price discrimination is a technique used by businesses to sell the same product to different buyers at different prices. This strategy is used to increase revenue by extracting the maximum price that each buyer is willing to pay for the product. In order to determine whether a scenario is an example of price discrimination, one must think about whether the market can be segmented into two groups that pay different prices for the same good.

Price discrimination occurs when a company can segment the market into two groups and charge different prices for the same good.

learn more about Price Discrimination here:

https://brainly.com/question/23342760

#SPJ11

Rico promises the official a 'treat' if he directs the contract to Rico's company. Rico can be found guilty of bribery.

Bribery is the act of offering, providing, or receiving any valuable thing with the aim of influencing or rewarding the action of any public officer or another person, whether or not the person being influenced or rewarded holds a public office or position.

Rico promised the government official managing the building contract allotment a "treat" in exchange for him directing the contract to Rico's company. This is an act of bribery. If found guilty, Rico would be charged with the offense of bribery.

Rico can be found guilty of bribery if he promises a government official a "treat" if the official directs a certain building contract to Rico's company.

Learn more bribery here:

brainly.com/question/17779832

#SPJ11

Incorporating the product/market expansion grid, Tim Hortons is undertaking the strategy of  Product development. (option b)

The product/market expansion grid is a framework that helps companies identify the growth opportunities for their business by considering whether to develop new products or to enter new markets. It consists of four strategies: market penetration, market development, product development, and diversification.

In this scenario, Tim Hortons is considering introducing gluten-free donuts for the gluten-intolerant market that it has yet to serve. This strategy involves developing a new product (gluten-free donuts) to serve a new market (gluten-intolerant customers), which is an example of the product development strategy.

Market development would involve introducing existing products to new markets, market penetration would involve increasing market share in existing markets with existing products, and diversification would involve developing new products for new markets.

Therefore, the correct answer is B) Product development.

Learn more about product development here:

https://brainly.com/question/7035196

#SPJ11

17. The entry for this transaction will include a debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof.

The correct option is C, debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof. Deerhoof Company purchased equipment worth $2,700 and supplies worth $400 from Milkman Co. for $3,100 cash.

Therefore, this transaction will be recorded in the accounts as follows: Debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof. Credit to Cash $3,100 for Milkman Co.45. The entry to record this transaction would include a debit to Cash of $1,700.The correct option is B, a debit to Cash of $1,700.

Hidden Camera Enterprises performed cash services of $1,700 on July 7, 2015. Therefore, this transaction will be recorded in the accounts as follows: Debit to Cash $1,700 and a credit to Service Revenue $1,700. There is no account payable, accounts receivable or any other account involved in this transaction. Hence, the correct answer is a debit to Cash of $1,700.

You can read more about debit transaction at https://brainly.com/question/28390335

#SPJ11

The university president believes that increasing student tuition by 5% will increase revenues. If the president is correct that revenues will increase, then the tuition increase will A) reduce the number of students enrolling by less than 5%.

Tuition is a sum of money charged for teaching or instruction by a school, college, or university. The president of a university believes that increasing tuition fees by 5% would result in an increase in revenue.

The number of students enrolling at the university, on the other hand, may be impacted by the tuition increase.Increasing the tuition fee by 5% will make it more difficult for many students to afford to attend the university. However, if the increase in tuition fees causes an increase in revenue, the tuition increase will result in a reduction in the number of students enrolling by less than 5%.

As a result, we can conclude that if the university president is correct about the increase in revenue resulting from the increase in tuition fees, the tuition increase will result in a reduction in the number of students enrolling by less than 5%.Option A is correct.

Learn more about tuition at

https://brainly.com/question/18703725

#SPJ11

The statement "the post-closing trial balance does not include any revenues, expenses, or dividends, because these accounts are permanent accounts" is true.

A post-closing trial balance is a trial balance that is prepared after closing entries are recorded in the company's books. It is used to verify that the total amount of debit balances in the ledger equals the total amount of credit balances in the ledger.

A post-closing trial balance only contains the balances of permanent accounts. Permanent accounts are accounts that carry forward their balances to the next accounting period. Examples of permanent accounts include asset accounts, liability accounts, and equity accounts. The balances of these accounts are not closed out to zero at the end of an accounting period.

See more about trial balance at https://brainly.com/question/24914390.

#SPJ11

According to Cleo's physician, her blood cholesterol level is too high. She can add Fiber-fortified ready-to-eat cereal to her diet to help lower her cholesterol.

Cholesterol is a fatty substance that is necessary for the body to function properly. However, too much cholesterol can cause heart disease and other health problems.There are two forms of cholesterol: LDL (low-density lipoprotein) and HDL (high-density lipoprotein). LDL cholesterol is the "bad" cholesterol that can accumulate in the arteries and increase the risk of heart disease. On the other hand, HDL cholesterol is the "good" cholesterol that helps remove LDL cholesterol from the arteries.

According to the American Heart Association, foods that are high in fiber, such as fruits, vegetables, and whole grains, can help lower cholesterol levels. Foods that are high in saturated and trans fats, such as fatty meats, full-fat dairy products, and processed foods, should be avoided or limited in the diet.In addition, incorporating foods that contain heart-healthy fats, such as nuts, seeds, and fatty fish, can also help lower cholesterol levels. It is important to maintain a healthy weight, engage in regular physical activity, and limit alcohol consumption to help lower cholesterol levels.

For more about cholesterol:

https://brainly.com/question/27756235

#SPJ11

Workers in high-income countries have more labor and less physical capital to work with than do workers in low-income countries Option (a)

Workforce productivity is the amount of products and services produced by a group of workers in a particular period of time. It is one of numerous forms of productivity measured by economists. Workforce productivity, also known as labour productivity, is a metric that can be used to an organisation or firm, a process, an industry, or a country.

Workforce productivity is distinct from employee productivity, which is a measure used at the individual level based on the assumption that overall productivity can be broken down into increasingly smaller units until, eventually, to the individual employee, to be used for example, allocating a benefit or sanction based on individual performance.

Learn more about Workforce productivity

https://brainly.com/question/30482805

#SPJ4

It is true that during the growth stage of the product life cycle, sales begin to rise as companies begin to take advantage of economies of scale in purchasing, manufacturing, and distribution because they want to expand their distribution channels and consider new markets to maximize sales and profits.

The product life cycle is a marketing concept that explains the stages a new product goes through during its time on the market. These four stages are: introduction, growth, maturity, and decline.

During the growth stage of the product life cycle, sales and profits begin to rise as a result of a variety of factors. Companies may begin to take advantage of economies of scale in purchasing, manufacturing, and distribution. Economies of scale are a cost-saving concept in which the cost of producing or providing a product or service decreases as the volume of production or output rises.

During the growth stage of the product life cycle, sales increase as the product becomes more well-known, sales channels expand, and consumer demand grows. This stage is characterized by an increase in advertising and promotion expenditures to encourage more people to purchase the product. During the growth stage, companies may also expand their distribution channels and consider new markets to maximize sales and profits.

Learn more about product life cycle here: https://brainly.com/question/14567370

#SPJ11

The statement that is true about the benefits of economic growth is that it can help people at all income levels.

Economic growth can create new and better-paying jobs, increase the availability of goods and services, and provide more opportunities for individuals to save and invest. This, in turn, can lead to greater economic stability and improved standards of living for all members of society, regardless of their income level.

In addition, economic growth can lead to increased tax revenue, which can then be used to fund public services and reduce public debt.

However, economic growth does not automatically guarantee full employment or eliminate poverty. It is important to consider the structural and institutional factors that can affect the impact of economic growth on different groups in society.

To know more about economic growth click on below link:

https://brainly.com/question/11679822#

#SPJ11

An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the accrued interest expense for the month. So, the correct option is D.

Wisdom Co. has a note payable to its bank. An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the accrued interest expense for the month.

In a business, when a company takes a loan from a bank or financial institution, they incur an expense of interest on that loan on a monthly or quarterly basis, depending on the loan agreement. The interest expense needs to be recognized in the books of account at the end of each accounting period or monthly basis.

In the case of Wisdom Co., it has taken a loan from its bank. The company will have to recognize the interest expense that has accrued on the loan on a monthly basis.

The accrued interest expense for the month is recognized in the adjusting entries at the end of each month. This adjustment is required to ensure that the financial statements of Wisdom Co. show the accurate financial position of the company.

Learn more about interest expense at

https://brainly.com/question/14185533

#SPJ11

The statement by the client indicates the teaching was successful  are"The symptoms are primarily localized to the skin but may involve the joints." (D)

Systemic lupus erythematosus (SLE) is an autoimmune disorder that primarily affects the skin and joints. It is usually characterized by a butterfly rash, which is a red, scaly rash that covers the cheeks and bridge of the nose.

It can also cause joint pain and swelling, fatigue, and sensitivity to light. This indicates that the teaching was successful, as the client has demonstrated an understanding of the primary symptoms of SLE. (D)

To know more about Systemic lupus erythematosus click on below link:

https://brainly.com/question/9442577#

#SPJ11

The value of Goodwill is -$320,100..

As per the details given in the question, the following points can be determined:

Acquisition price = $365,400

Book value of Stinson = $100,000 + $216,100 = $316,100

Fair value of non-controlling interest = 40% of $609,000 = $243,600

Value of patents = $75,100

Value of customer list = $50,700

Goodwill = Acquisition price - Fair value of identifiable net assets

Acquisition price = $365,400

Fair value of identifiable net assets = $100,000 + $216,100 + $243,600 + $75,100 + $50,700 = $685,500

Goodwill = $365,400 - $685,500= -$320,100

Therefore, Goodwill is -$320,100.

Learn more about Goodwill at

https://brainly.com/question/29910695

#SPJ11

Advantages of currency undervaluation include increased exports, increased outward foreign direct investment, protection of domestic exporting firms, and protection of domestic consumers by giving them more purchasing power over foreign goods and services.(A,B,C,D)

Currency undervaluation is when a country deliberately sets their exchange rate to make their currency less valuable compared to other currencies. This makes the country's exports cheaper compared to its competitors, boosting the country's export sector.

Furthermore, it can make the country's stock market and other investment opportunities more attractive to foreign investors, leading to increased outward foreign direct investment.

Domestic exporting firms are also protected as the lower currency rate increases the competitiveness of their products. Finally, domestic consumers can benefit from the undervalued currency as they can purchase more foreign goods and services with their money.(A,B,C,D)

To know more about currency undervaluation click on below link:

https://brainly.com/question/30035785#

#SPJ11

Complete question:

what can be the advantage of currency undervaluation? group of answer choices

A) increase export

B) increase outward foreign direct investment

C) protect domestic exporting firms

D) protect domestic consumers by giving them more purchasing power over foreign goods and services

The statement (a) & (c )is positive: Installing solar will provide a rate of return on investment of 5%, & Installing solar will be worth the investment.

In the given statements, a. Installing solar will provide a rate of return on investment of 5%. This statement is positive because it states that there will be a return on investment for installing solar.

b. Investing in electricity with photovoltaic cells is a growing trend. This statement is neutral because it doesn't present a positive or negative view on investing in electricity with photovoltaic cells.

c. Installing solar will be worth the investment. This statement is positive because it states that installing solar is worth the investment.

Therefore, out of the given statements, only statement a & c is positive.

To know more about solar, refer here:

https://brainly.com/question/28510762#

#SPJ11

Answer:

B. conglomerate territorial agreement

Option A) What are the company’s most profitable geographic market segments? is not one of the five questions that comprise the task of evaluating a company's resources and competitive position.

The five questions that comprise the task of evaluating a company’s resources and competitive position are as follows:

How well is the company’s present strategy working?

Are the company’s prices and costs competitive?

Is the company competitively stronger or weaker than key rivals?

What are the company’s resource strengths and weaknesses and its external opportunities and threats

Hence, option A) What are the company’s most profitable geographic market segments? is not one of the five questions that comprise the task of evaluating a company's resources and competitive position.

Learn more about market segment at

https://brainly.com/question/30916026

#SPJ11

The risk that a borrower may prepay the mortgage in response to a decline in interest rates is called prepayment. The correct option is option d.

A prepayment is a cash payment made before the scheduled due date for a debt service obligation. Prepayments can be made in installments or in a lump sum, and they are frequently made in the form of mortgage payments. They are made by borrowers who want to reduce their outstanding debt sooner than anticipated or who want to decrease the amount of interest they will pay over time.

The reinvestment rate is the amount of money that an investor can expect to earn on a particular investment in the future. The reinvestment rate is influenced by a variety of factors, including the interest rate on the investment, the type of investment, and the investor's risk tolerance.

Learn more about prepayment here: https://brainly.com/question/14548112

#SPJ11

As per the Statements on Standards for Accounting and Review Engagements, "An accountant compiles financial statements that are reasonably expected to be used by a third party". Thus, A is correct.

Statements on Standards for Accounting and Review Engagements (SSARS) are part of the American Institute of Certified Public Accountants' (AICPA) professional standards. It outlines the minimum requirements for compilation and review engagements, in which accountants report on financial statements.

The accountant should issue a report if the accountant compiles financial statements that are reasonably expected to be used by a third party. The following are the circumstances under which the accountant is required to issue a report:

Thus, Option A is correct.

Learn more about Accounting https://brainly.com/question/26690519

#SPJ11

Another word for inventory control is materials control because inventory refers to physical goods that are used as inputs that are transformed into outputs or finished goods. The correct answer is A.

Materials control involves managing the flow of materials in and out of a company to ensure that production runs smoothly and efficiently. It includes activities such as purchasing, receiving, storing, and issuing materials, as well as tracking inventory levels, managing stockouts, and optimizing inventory levels to minimize costs and maximize production efficiency. Effective materials control is critical for manufacturing companies that rely on raw materials and other inputs to produce their products.

The correct answer is A.

You can learn more about materials control at

https://brainly.com/question/29376514

#SPJ11