The table indicates how Chile's and Peru's annual tax receipts compare to one another. Peru is out-collected by $10,805,998,234 by Chile.
What are taxes?
A tax is a necessary fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Different public spending initiatives are then funded with the funds that have been raised.
In order to build infrastructure and enhance living circumstances, the government is compensated for the labour performed by its citizens.
As a result, we can see that Chile collects $10,805,998,234 more in tax revenues than Peru does based on data such as the workforce, average pay, income tax rate, and other relevant statistics.
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which one of the following is a disadvantage of the corporate form of business? a. access to capital b.Unlimited personal liability to owners c.limited firm life d.legal requirements
The preceding is a drawback of the corporate company structure: legal requirements.
What exactly does "corporate form of business" mean?A corporation, also referred to as a corp, is a separate legal entity from its owners. Corporations are able to generate revenue, pay taxes, and face legal consequences. The strongest protection against personal liability is provided to owners by corporations, although forming a corporation is more expensive than creating other types of entities. A corporation may be established as either a self - concept . self or a non-profit organisation. The bulk of corporations are for-profit organisations, and they are created to make money and pay back their shareholders in proportion to their ownership stakes in the company.
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FILL IN THE BLANK. western farmers and ranchers were upset with the government in 1890 when they raised the _____________ rate, which led to a steep decline of beef and crop exports.
Western farmers and ranchers were upset with the government in 1890 when they raised the tariff rate, which led to a steep decline of beef and crop exports.
A tariff is a levy imposed on the import or export of products by the government of a nation or by a supranational union. Import tariffs can regulate international trade and serve as a means of supporting or defending home business in addition to providing the government with cash. Along with import and export restrictions, as well as other non-tariff trade obstacles, protective tariffs are some of the most often employed instruments of protectionism.
Tariffs can be either fixed (a fixed amount per unit of imported products or a defined proportion of the price) or variable (the amount changes in accordance with the pricing).
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a company has a long-lived asset with a carrying value of $120,000, expected future cash flows of $130,000, present value of expected future cash flows of $100,000, and a market value of $105,000. what amount of impairment loss should be reported? $0 $5,000 $15,000 $20,000
Option A) Impairment loss should be reported in the amount of $0. When the carrying value of a long-lived asset exceeds the total of its undiscounted cash flows, an impairment loss is recorded.
Why is the impairment loss amount $0?The carrying amount ($120,000) is recoverable since the total of the undiscounted cash flows ($130,000) exceeds the carrying amount ($120,000). As a result, no impairment is seen.
An impairment loss is what?A decrease in an asset's fair value that results in its carrying amount being reduced is known as an impairment loss. The difference is written off when the fair value of an asset falls below its carrying value.
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The specifications on an electronic component in a target-acquisition system are that its life must be between 5000 and 10,000 h. The life is normally distributed with mean 7500 h. The manufacturer realizes a price of $10 per unit produced; however, defective units must be replaced at a cost of $5 to the manufacturer. Two different manufacturing processes can be used, both of which have the same mean life. However, the standard deviation of life for process 1 is 1000 h, whereas for process 2 it is only 500 h. Production costs for process 2 are twice those for process 1. What value of production costs will determine the selection between processes 1 and 2?
Production costs allude to the costs a company causes from assembling an item or offering a support that creates revenue for the company.
Given, Mean = 1 = 7500 Standard deviation 1 = 1000 Mean = 2 = 7500 Standard deviation 2 = 500 It is given that , Lower limit = 5000 Maximum breaking point = 10000 For the interaction 1, p1 = 1 - P(5000 <= x1 <= 10000) = 1 - P((5000 - 7500)
Production costs, which are otherwise called item costs, are caused by a business when it makes an item or offers a support. These costs incorporate different costs. For instance, makers have production costs connected with the unrefined substances and work expected to make the item. Service industries cause production costs connected with the work expected to execute the service and any costs of materials associated with conveying the service.
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what is type of excellence is achieved through efficient operations, excellent supply chain management, and strong relationships with suppliers?
Operational excellence is achieved through the efficient operations, excellent supply chain management, and the strong relationships with suppliers.
What is Operational excellence?The two most crucial elements in achieving continuous improvement, according to the operational excellence philosophy, are leadership and problem-solving. It can be difficult to know how to approach the subject of operational excellence. The majority of individuals believe the topic is either too ambiguous or too broad to be discussed because it is a tough concept to define. The list of tasks you complete does not, however, constitute operational excellence. More than anything else, you and your staff should adopt this attitude. The ongoing process of improving the practices, products, or services of an organization is known as continuous improvement. A breakthrough innovation usually causes it to happen gradually over time, as opposed to instantly.
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James Davis owns a small Internet service provider business. Recently, customers have been complaining that they are overcharged and are not receiving timely customer service. Billing rates seem to increase without notice.
Five years ago, James used funding from several different investors in order to start his Internet service. Currently, he has 17 outstanding bills to be paid, all with late charges. Five of the bills include notices stating that lawsuits are pending. Also, he has not paid dividends to investors in two years. Every day, James drives either his Mercedes-Benz or his new Lexus to work. Before starting the business, James drove only one car, a Suzuki Samurai. James now lives in a palatial home and owns very expensive furniture. Employees constantly ask James for new equipment, but the "boss" refuses to update the old equipment. Two weeks ago, James was irate and fired one of his accounting clerks for not depositing some checks on time. James is known for losing his temper. 1. Discuss any fraud symptoms that are present in this case. 2. Why would complaints from customers be a fraud symptom?
The company's use of the Internet and associated infrastructure to offer consumers services including email, web hosting, web acceleration, domain name services, dial-up Internet access, Digital Subscriber Services ("DSL") access, and other related services are referred to as the "Internet Service Business."
A corporation like AT&T, Verizon, Comcast, or Spectrum is an example of an Internet Service Provider (ISP), which offers Internet connectivity to businesses, households, and even mobile customers. Internet businesses are still able to make large profits even when they offer numerous services for free. One of the most popular ways Internet businesses make money is through the sale of advertising. Internet businesses tailor and send their users specific advertising messages using the data they collect.
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Identify the missing amount for each of the following situations: Total Assets Total Liabilities Stockholders' Equity $? $ 360,000 $ 220,000 b. 135,000 45,000 ? 425,000 305,000 a. C. ? a. Total assets $
A. $225,000 (Stockholders' Equity) is equal to $360,000 less $135,000. b. $425,000 - $225,000 = $200,000 (Total Liabilities) . c. $220,000 + $45,000 = $265,000 (Total Assets). Any quantity or worth of something, usually money, is referred to as an amount.
A numerical value that reflects a quantity or value of anything is referred to as an amount. It can be used to describe the worth of money, products, services, or other valuable things. Amounts are used to express the worth of assets, obligations, income, expenses, and equity in financial contexts. Accounting, finance, and company operations all depend on the calculation and administration of amounts. Decisions are made using numbers to assess financial performance, plan for growth, and achieve success in the future. Additionally, as they reflect the worth of the goods or services transferred between individuals and corporations, quantities play a crucial part in everyday transactions. It is crucial to have dependable and precise numbers since inaccurate numbers might result in false financial statements.
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derek has the opportunity to buy a money machine today. the money machine will pay derek $44,226.00 exactly 12.00 years from today. assuming that derek believes the appropriate discount rate is 7.00%, how much is he willing to pay for this money machine
Answer:
derek will expect to pay 41130.18 in 12 years
Explanation:
cuz im smart
what type of business organization is is antique paper goods
Antique paper goods is a type of business that deals with the sale of antique or vintage paper products such as postcards, letters, books, magazines, and other types of written or printed materials. In this context, the term "business organization" refers to the legal structure that a business adopts to operate and manage its operations.
There are several types of business organizations, each with its own benefits and disadvantages, including sole proprietorship, partnership, limited liability company (LLC), corporation, and cooperative. The type of business organization that an antique paper goods business adopts will depend on factors such as the size and complexity of the business, the level of personal liability the owner(s) are willing to assume, and the tax implications.
A sole proprietorship is the simplest and most common form of business organization for small businesses. In this type of business, the owner is personally responsible for all debts and obligations of the business.A partnership is similar to a sole proprietorship, but with two or more owners. Each partner has a share of the profits and is responsible for the debts of the business.An LLC is a hybrid between a sole proprietorship and a corporation, offering the personal liability protection of a corporation while still allowing the owners to receive profits directly.A corporation is a separate legal entity from its owners and is generally more complex to set up and maintain than a sole proprietorship or partnership. In a corporation, owners have limited liability and the business is taxed as a separate entity.A cooperative is a type of business owned and controlled by its members, who share in the profits and control of the business.To know more about business organisation refer to-
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FILL IN THE BLANK. when one designs a unique good or service, the individual is said to have used a(n) ____approach to starting the business. a. new-old b. old-new c. new-new d. old-old
new-new
New-new approach to starting the business.Entrepreneurship is the art of launching a firm, or more specifically, a startup business that offers innovative goods, services, or processes. It is a creative hobby, to put it mildly.
An entrepreneur views everything as a chance and acts biasedly while making decisions to take advantage of the opportunity.
An entrepreneur is a maker or a designer who develops fresh concepts and business methods in accordance with consumer demand and personal passion. Having managerial talent and effective team-building skills is crucial for business success. Successful entrepreneurs display leadership qualities. Some political economists believe that entrepreneurship requires a certain level of leadership, management, and teamwork.
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According to the law of demand the price of pizza falls from $20 to...
A. According to the law of demand and based on the graph, if the price of pizza falls from $20 to $15, what will happen to the quantity demanded?
B. If the government places a binding price ceiling of $10 in this market, will there be a shortage or a surplus of pizza? How large?
C. If an increase in the cost of producing pizzas causes the supply curve to shift to the left, will the equilibrium price per pizza rise or fall? What about the equilibrium quantity of pizzas?
A. According to the law of demand, if the price of pizza falls from $20 to $15, the quantity demanded will increase.
B. If the government places a binding price ceiling of $10 in this market, there will be a shortage of pizza.
C. If an increase in the cost of producing pizzas causes the supply curve to shift to the left, the equilibrium price per pizza will rise and the equilibrium quantity of pizzas will fall.
The price ceiling is lower than the market equilibrium price, which creates a gap between the quantity supplied and the quantity demanded. The size of the shortage will depend on the difference between the quantity supplied and the quantity demanded at the price ceiling of $10.The increase in production cost results in a lower quantity supplied at each price, causing the supply curve to shift to the left. This leads to a higher equilibrium price and a lower equilibrium quantity as the market adjusts to balance the supply and demand.
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if two products are complements in production, an increase in the price of one of the products will:
If two products are complements in production, an increase in the price of one of the products will decrease.
What happens if the cost of a manufacturing complement rises?If the cost of one of a good's manufacturing complements increases, the supply of that good also increases. A good's supply declines if the cost of one of its manufacturing complements lowers.If the production needs of two items align, they are produced simultaneously. More of one of the items is produced if the price of that product rises. Complements are created in tandem, which results in increased production of the complementary product.When two items are complementary, a rise in the price of one good will result in a decline in the demand for the other good. The demand curve is also affected by the costs of related or replacement commodities.To learn more about production refer to:
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who is exempt from paying taxes on lottery winnings
Individuals who are not U.S. citizens are exempted from paying taxes on lottery winnings.
Lottery winnings are generally subject to federal and state taxes. However, there are certain individuals who are exempt from having to pay taxes on their winnings.
Individuals who are not U.S. citizens, or those who are not residents of the state in which the lottery is based, are not required to pay taxes on their lottery winnings.
Additionally, some states exempt certain government employees, such as firefighters and police officers, from paying taxes on their winnings.
Certain religious organizations, too, are exempt from paying taxes on their winnings. Finally, members of the military who are on active duty may be exempt from paying taxes on their winnings. There are some other exemptions, but these are the most common.
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the supreme court gave decision making power for eminent domain to the
The supreme court gave decision-making power for eminent domain to the states and local communities.
The supreme court of India is the splendid authority of India and the very best courtroom of the Republic of India under the constitution. it is the maximum senior constitutional court, has the very last selection in all criminal subjects besides privacy laws and interstate river disputes, and additionally has the power of judicial evaluation.
The perfect courtroom in the usa is the highest court docket within the land and the most effective part of the federal judiciary in particular required by the charter. The constitution does not stipulate the variety of excellent court docket Justices; the quantity is ready alternatively with the aid of Congress. The ideally suited courtroom of India accommodates the Chief Justice and 33 other Judges appointed by using the President of India. The ultimate court docket of India accommodates the leader Justice and no longer more than 33 different Judges appointed by means of the President of India.
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What happened F8962 070 the e file database indicates that Form 8962?
The F8962 070 the e file database indicates that Form 8962 means the IRS sent this check to taxpayers who earned Premium Tax Credit (PTC) payments for the fiscal year 2021.
What is F8962-070 code?The IRS sent this check to taxpayers who earned Premium Tax Credit (PTC) payments for the fiscal year 2021. If an individual tax return does not include Form 8962, Premium Tax Credit, it will be rejected with code F8962-070: According to the e-File database, Form 8962 or a binary attachment with the caption "ACA Explanation" must be included in the return.
In tax year 2021, the IRS began utilizing this reject. When the IRS database reveals that the taxpayer, spouse, or dependant got an advanced premium tax credit but the form is missing from the efile, reject F8962-070 problems.
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if you invest $100 at a stated annual rate of 10 percent compounded quarterly, how much more money will you have in 10 years than if the rate was compounded annually? multiple choice question. $3.43 $9.13 $7.56 $5.71
If you invest $100 and the rate as compounded quarterly, you will have more $3.43 than if the rate was compounded annually.
To solve this problem, we wll use the compound interest formula:
A = P (1 + r/n) ^(n.t)
Where:
A = total amount
P = principal investment
r = annual interest rate
n = number of period
t = time period
From the case, we know that:
P = $100
r = 10%
n1 = 4 (quarterly)
n2 = 1 (annually)
t = 10 years
First, we will calcuate the total amount if the interest rate was compounded quarterly:
A = P (1 + r/n) ^ (n.t)
A1 = $100 (1 + 10%/4) ^(4 x 10)
A1 = $100 (1 + 0.025)^40
A1 = $268.51
Next, we calculate the total amount if the interest was compounded annually:
A = P (1 + r/n) ^(r.n)
A2 = $100 (1 + 10%/1) ^(1 x 10)
A2 = $100 (1 + 10%)^10
A2 = $259.4
The difference between the 2 total amounts would be:
ΔA = A1 - A2
ΔA = $268.51 - $259.4
ΔA = $9.13
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Segregation of duties is a fundamental concept in an effective system of internal controls. Nevertheless, the effectiveness of this control can be compromised through which situation?
a. A lack of employee training
b. Collusion among employees
c. Irregular employee reviews
d. The absence of an internal audit function
B) The effectiveness of segregation of duties can be compromised through collusion among employees.
Segregation of duties is a concept that involves dividing key tasks and responsibilities among multiple individuals to reduce the risk of fraud or error. However, if employees are able to collude and work together to bypass internal controls, this can undermine the effectiveness of segregation of duties and increase the risk of fraudulent activity.
For example, if one employee has sole control over a process, such as authorizing transactions, while another employee is responsible for recording those transactions, there is a risk that they could work together to misappropriate funds. By dividing these tasks among multiple individuals, it becomes more difficult for any one individual to engage in fraudulent activity without being detected.
The other situations listed, such as a lack of employee training, irregular employee reviews, and the absence of an internal audit function, can also impact the effectiveness of segregation of duties. However, collusion among employees is particularly concerning because it involves a direct violation of the principle of segregation of duties.
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when an owner invests cash in a business, the owner’s capital account is
Option c: increased by a credit. When the owner invests cash in a business, the owner's capital account will be increased by a credit.
Capital is the financial resources (money and other assets) that a business owner uses to fund a business and generate profits. Consists of cash, equipment, bonds, land or buildings.
Capital can also represent a company's accumulated wealth or an owner's investment in the company. Basically, it's how much a business owner has at a given point in time.
When you start a business and want to get a bank loan, the bank wants to know that you have invested in the business.
If the owner is not involved in the transaction, he can walk away, take the bag and leave the bank.
If you want to start a business, you have to start investing. You may need to take out a personal loan to get the funds to invest in your business.
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Complete question:
When the owner invests cash in a business, the owner's capital account is ____.
A. increased by a debit
B decreased by a debit
C. increased by a credit
D. decreased by a credit
(______) a process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate.
Discounting is a process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate.
DISCOUNTINGDiscounting or calculation is the present value (current value) calculates the value of money that will come/future based on the value of that money now.
Future valueFuture value or also known as future value can be easily predicted if the growth rate is determined with certainty. This future value can also be used to estimate or calculate the amount of funds that will be owned in the future.
.
This term can also be interpreted as the future value of money or cash currently obtained or owned. Future value of money or cash in the future can be calculated by factoring it using a certain rate of return or return that can be generated by money or cash.
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which one of the following parties are not considered stakeholders of a firm? A. Employee B. Government C. Competitors D. Suppliers E. Customers
A) Employees are not considered as the stakeholder of a firm.
Stakeholder:
A stakeholder is a party that has an interest in the company and can influence or be influenced by the business. The main stakeholders of a typical company are investors, employees, customers and suppliers.
Internal Stakeholder :
Interest in corporate social responsibility grew, the concept was expanded to include communities, governments, and industry associations people who have employment, property or investment.
External Satkeholder:
External stakeholders are those who do not work directly with the organization, but are in some way affected by the organization's actions and results. Suppliers, creditors and public groups are all considered external stakeholders.
Example:
In the event of a company insolvency and bankruptcy, the repayment of capital investments will be prioritized among various parties. Secured creditors come first, followed by unsecured creditors, preferred shareholders, and finally common stock holders (who rather get pennies for their dollars). This example shows that not all stakeholders have the same status or privileges. For example, an employee of a bankrupt company can be fired without any severance pay.
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using the guidelines in the communicating across diversity section which specifics advice would you give to sundown managemnt team about how to communicate most effectively in the the face of the company growth?the subject is communication- its on sundown bakery- strategic case
Sundown Bakery management team should consider the following communication guidelines to ensure effective communication in the face of the company's growth. First, the team should be aware of cultural, linguistic and ethnic differences among the company's employees and customers.
This will help them to craft messages that are tailored to the needs of each individual. Secondly, the team should use active listening techniques to ensure that all points of view are heard and respected. Thirdly, the team should be open to feedback from all stakeholders, including customers and employees.
Finally, the team should strive to create a safe workplace where everyone feels comfortable expressing their opinions and suggestions. By following these guidelines, the Sundown Bakery management team will be able to effectively communicate in the face of company growth.
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in a digital ad, geo treks, a retail sports equipment store, falsely accuses its competitor headwaters of selling stolen kayaks and other gear. headwaters sales decrease as a result. geo treks has most likely committed:
Geo Treks has most likely committed defamation.
Defamation is a false statement that harms the reputation of an individual or entity. When a company, such as Geo Treks, makes a false statement that accuses another company, such as Headwaters, of illegal activity, it can cause harm to that company's reputation and result in a decrease in sales. If Headwaters can prove that Geo Treks made a false statement with the intention of harming its reputation, then Geo Treks could be liable for defamation.
Such false accusations are not only unethical but also illegal and can have serious consequences, including legal action and damages to the company's reputation. It's important for companies to ensure that their advertising and marketing practices are accurate and not harmful to others.
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CTSO Unit 1 – 5pts
SkillsUSA is a partnership of students, teachers and industry working together to ensure America has a skilled workforce.
Directions: Use the following links to research and answer the following questions in 3-5 sentences.
https://www.skillsusa.org/programs/program-of-work/
https://www.skillsusa.org/about/skillsusa-framework/
https://www.skillsusa.org/about/history-brand-resources/
1. What is the SkillsUSA Framework?
2. What is the connection between the Framework and industry?
3. What is the SkillsUSA Program of Work?
4. What is the SkillsUSA mission?
5. What are the official colors of the organization and what do they represent?
The SkillsUSA Framework guarantees that student participants acquire the skills needed by companies and industries.
The connection between the Framework and industry is to provide talented and skilled individuals for the growth of the economy.
The SkillsUSA Program is a chapter management tool. Work empowers each student to succeed in their career
The SkillsUSA mission is " to empower members to become world-class workers" leaders and responsible American citizens.
The official colors of the organization are red, white, blue, and gold which represents states, chapter as well as individual identity.
What is a career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
With the aim of supplying America with a trained workforce, SkillsUSA is a program that draws together the American industrial workforce, teachers, and students.
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A company uses drones to fly food to people in regions that have experienced natural disasters. The food is packed in boxes that are attached to parachutes. How can the company change the design of its parachute to reduce the number of boxes that are damaged when they hit the ground?.
To reduce the number of boxes that are damaged upon impact, the company can change the design of its parachute to include shock-absorbing materials. This could include adding padding or airbags to the boxes themselves, or using a parachute design that decelerates the boxes more gradually.
Another option would be to add a secondary, smaller parachute to the current design. This would create a double-parachute system, which would slow the descent of the boxes and reduce the impact force upon landing.
Finally, the company could consider changing the shape of the boxes, making them more aerodynamic, so that they are less likely to tumble or spin as they fall, which could also lead to damage.
It's important for the company to carefully consider the trade-offs involved in each design change, as some changes may increase the cost or weight of the boxes and their delivery systems, or may not be feasible in the regions where the deliveries are being made. The company should test different design options in controlled conditions to determine which solution is most effective.
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lina’s editorial business was not growing and she sought ways to expand her client list. she recognized that technology provided opportunities to bring on new customers, so she instituted a training program for her employees. which factor of production is described here?
The factor of production described here is "labor." Specifically, Lina is utilizing her employees to create a training program that will help her expand her client list.
By investing in her employees and offering them the opportunity to learn new skills, she is creating a more efficient and effective workforce that can benefit her business.
This type of investment in labor will not only help Lina reach new customers but also create a more knowledgeable and capable employee base which can help her business in the future. In this way, labor is a key factor of production and Lina is investing in it in order to increase her client base.
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an organizational procurement and supply management process used to locate, develop, qualify, and employ suppliers that add maximum value to the buyers products or services.
True. an organizational procurement and supply management process used to locate, develop, qualify, and employ suppliers that add maximum value to the buyers products or services.
Purchasing and supply managers in organizations ensure an efficient and cost-effective supply chain, and supply chain management also consists of five stages.
Planning, development, manufacturing, delivery and return.
The procurement process consists of her three main activities: purchasing, contract management and supplier management.
Each activity plays a unique role, but procurement teams have historically put more effort into purchasing and contract management.
The Supplier Management Process is the set of activities an organization uses to qualify, segment, monitor, and manage its third-party suppliers.
The ideal supplier management process is a well-defined governance model that builds mutually beneficial buyer-supplier relationships through trust and accountability.
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Complete question:
An organizational procurement and supply management process used to locate, develop, qualify, and employ suppliers that add maximum value to the buyers products or services. True/False
in 2021, dangerous dragon, inc. (a retail clothing company) sold 534,800 units of its product at an average price of $18 per unit. the company reported estimated returns and allowances in 2021 of 3 percent of gross revenue. dangerous dragon actually purchased 550,000 units of its product from its manufacturer in 2021 at an average cost of $9 per unit. dangerous dragon began 2021 with 85,000 units of its product in inventory (carried at an average cost of $9 per unit). operating expenses (excluding depreciation) for dangerous dragon, inc. in 2021 were $1,930,700 and depreciation expense was $126,240 . dangerous dragon had $10,000,000 in debt outstanding throughout all of 2021. this debt carried an average interest rate of 6 percent. finally, dangerous dragon's tax rate was 40 percent. dangerous dragon's fiscal year runs from january 1 through december 31. given this information, construct dangerous dragon's multi-step income statement for 2021. what did dangerous dragon, inc. record as net income on its 2021 income statement?
dangerous dragon, inc. (a retail clothing company) sold 534,800 units of its product at an average price of $18 per unit. income statement the company
Return equals 3% of total salesNet Sales therefore equal $8,551,995.3 (8816490*97%). 550000 units total were purchased at $9.
Inventory carried forward = 85000 at $9
nonetheless, as there are 587766 sold units, we will only accept cost for those 587766 units.
Thus, the total cost of the commodity sold is 587766*9, or $5,289,894.
Following are Dangerous Dragon's overall Income Statement and Net Income.
The income statement contains what?An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It displays your sales revenue for goods and services. expenses for running your firm and generating money.
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A small company manufactures a certain item and sells it online. The company has a business model where the cost c, in dollars, to make x items is given by the equation c = 20x+150and the revenue r, in dollars, made by selling x items is given by the equation r = 30x. The break-even point is the point where the cost and revenue equations intersect. How many items must the company sell to break even?.
The break-even point is five items since it is the number at which cost and revenue are equal.
To break even, the business needs to sell 5 goods. The result of entering 5 into the cost and Revenue formula is:
Cost:
c = 20(5) + 150
= $200
Revenue:
R = 30(5)
= $150 in revenue
The complete cost of producing and providing a good or service to customers is referred to as cost of revenue.
The income statement of a corporation contains information about cost of revenue. It is intended to show the upfront expenses related to the products and services the business offers.
The cost of revenue metric is frequently preferred by the service sector because it provides a more thorough accounting of all costs involved in the sale of a good or service.
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Which of the following appear on the statement of stockholders' equity? (Select all that apply.)
a. Dividends
b. Property, plant, and equipment
c. Cash received during the accounting period
d. Beginning balance of retained earnings
e. Net income
In the shareholders' equity column of the balance sheet, preferred shares, common stock, extra paid capital, retained earnings, & treasury stock are all disclosed.
The answer to the question is A.
What sort of stock would you consider a Treasury?As its stock is currently trading below what it is actually worth, ABC Company believes it has extra cash. It makes the decision to repurchase 1,000 of its stock for a total cost of $50,000 at a price of $50. Treasury stock counter equity is established by the repurchase.
What distinguishes common stock from treasury stock?Treasury stock may well be obtained through a stock buyback or in situations where the issuing firm is not able to sell every single shares it issued. They do not come with voting privileges, unlike ordinary and preferred shares.
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How long after your return is accepted does it get deposited?
Your refund should be issued in about six to eight weeks from the day the IRS receives your paper tax return if it is filed completely and accurately.
If you file your tax return electronically, you should get your money in less than three weeks; direct deposit speeds up the process even further.
The Internal Revenue Service claims that most taxpayers who file online will get their refund in within 21 days, provided their tax return is valid and complete.
However, the processing is take the reimbursement is for taxpayers who submit paper returns might take up to four weeks.
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