explain the concept of business?​

Answer: Energy Employees Occupational Illness Compensation Program (EECICP)

Explanation:

Much like private companies, the Federal government is also required to insure its workers and this is regulated under the Office of Workers' Compensation Programs (OWCP). There are several compensation programs but the relevant one here is the EECICP.

The EECICP is for federal employees in the Department of Energy as well as agencies related to them. This also includes contractors and subcontractors. Under this program, eligible workers who got injured are entitled to a lump-sum compensation as well as health benefits. If the worker dies as a result of the injuries however, a lump-sum might go to their survivors instead.

Answer:

Results are below.

Explanation:

To calculate the break-even point, the following formula is required:

Break-even point in units= fixed costs/ contribution margin per unit

Contribution margin per unit= selling price - unitary variable cost

If the fixed costs increase and the unitary contribution margin remains constant, the company would have to sell a larger amount of units to cover the fixed costs.

For example:

Fixed costs0= 120,000

Fixed costs 1= 140,000

Unitary contribution margin= 40

Break-even point in units= 120,000/40= 3,000

Break-even point in units= 140,000/40= 3,500

Answer:

$42,950

Explanation:

Data and Calculations

Revenue                                            $129,300

Less variable costs                          ($72,400)

Less  fixed costs                               ($18,900)

add depreciation                                $4,950

Operating Cash flow                         $42,950

Thus

The annual operating cash flow $42,950.

Answer:

$0

Explanation:

The computation of the amount of loss is shown below:

Generally taxpayers does not subtracted the losses on sales of property that can be with the related parties

And, in the case when a corporation and the shareholder who owns more than 50% of that one corporation so it to be considered as the relevant parties

Therefore the amount is zero

Suppose that the demand for real balances is (M / P)d = (5Y) - (20r). If the supply of real balances is 300, and the gross domestic product is 90, then the equilibrium interest rate is

Answer:

7.5

Explanation:

Given that (M / P)d = (5Y) - (20r).

Where supply of real balances is 300

The gross domestic product is 90

Hence we have 300 = (5Y) - (20r)

Therefore, we have 300 = (5×90) - (20r)

=> 300 = 450 - 20r

=> 20r = 450 - 300

=> 20r = 150

=> r = 150 ÷ 20

=> r = 7.5

Therefore, in this case, the correct answer to the question is that the equilibrium interest rate is 7.5

Answer: See explanation

Explanation:

Based on the information given, it can be infered that the goods are nonconforming due to the perfect tender rule.

According to the perfect tender rule, a buyer can reject goods that are deliveres to him or her tender of the goods from the seller isn't perfect. Since the Gensol that he orders are 200 milligrams each while the one delivered are 100 milligrams each, then they aren't perfect.

Therefore, the clinic can reject the shipment, or keep some and reject others if it wants to.

Answer:

a. Apply for a larger loan amount.

Explanation:

In the case when the loan is re-applied after rejecting so if we applying for a larger loan should be rejected even quickly. As if the financial insitution found that the smaller amount loan is been rejected so application made for larger amount of loan should not be helped out for approve. Also there is proper tracking of loans with regard to the customer names

Hence, the option a is correct

Answer:

Apply for a larger loan

Explanation:

edge and quizlet 2021

Answer:

$7800 under the cash method and $2600 under the accrual method

Explanation:

Calculation to determine the maximum amount of rent that Mike can deduct this year under each type of accounting method

UNDER THE CASH METHOD

Cash method=$650*12

Cash method=$7800

UNDER THE ACCRUAL METHOD

Accrual method =4 months*650

Accrual method =$2600

(September 1st to December 31st =4 months)

Therefore the maximum amount of rent that Mike can deduct this year under each type of accounting method is :$7800 under the cash method and $2600 under the accrual method

Answer:

tenancy in common

Explanation:

From the question we are given an instance, whereby An unmarried couple wants to buy a house and take title so that when one of them dies the deceased's share will go to the deceased's heirs. The form of ownership they should use when they purchase the house is tenancy in common.

Tenancy in common can be regarded as an arrangement involving two or more people sharing ownership rights as regards a property or parcel of land. This property could be be a

residential property or commercial property . In a case, whereby a tenant in common dies, there would be passing over of the property to that tenant's estate. The control of total property by independent owner may be equal or different percentage of the total property. the tenancy in common partner can decide to leave the share he or she has in the property to any beneficiary as a part of their estate.

Answer:

change in density of sea water

The depth of flotation of a ship changes when it sails from the Arabian Sea to the Indian Ocean​ because of the change in the density of sea seawater.

What is the ocean?

The greatest area on earth is referred to as the “ocean.” The ocean's 71% slat water has a light blue appearance. The motion of water waves is the ocean. Magnesium, calcium, and chlorine are abundant in the ocean. The ocean covers the large surface area of the Earth.

The ship captain is driving the ship off the sea and turning into the Indian Ocean changing the depth of the ocean because of changes in the density of seawater. The density of the water can change only based on the temperatures the cool means density increases and hot means decreases.

As a result, the flotation of the ship changes because of the density of the water change.

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Answer:

A. Change of mind

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Generally, the three (3) legitimate reasons for which a contract may be terminated or discharged are;

I. Lapse of time.

II. Non-perfomance.

III. Breach of the contractual agreement.

However, a change of mind by either of the parties in a contract is not a legitimate way for terminating a contract because its duration or time period is yet to elapse.

Answer: backward integration

Explanation:

Backward integration refers to a scenario whereby a company purchases another company which supplies the products that are required for production.

Since WillowWorks purchases ThreadTym so that it can produce these products on its own, then this is backward integration.

Answer:

8400

Explanation:

The office supplies on Jan 1 was $7900

Supplies purchased during January was $3000

The supplies at hand in January Is $2500

$7900+$3000

= $10,900

= 10,900-2500

= 8,400

Hence the appropriate adjusting entry is $8400

Answer:

phased retirement

Explanation:

From the question, we are informed about Harold who is a sales manager associated with TickTock Watches for the past thirty-five years; he was instrumental in the company's success. As an attempt to dissuade Harold from complete cessation of work, the management of TickTock Watches provided Harold with reduced working hours and offered him the role of a mentor. In this scenario, the arrangement offered to Harold by TickTock Watches is phased retirement. Phased retirement can be regarded as range of employment arrangements that is been put in place, to give room to an employees that are already approaching retirement age so they can continue working in the firm with a reduced workload, so that t the end of the day they can experience a transition from full-time work into what is called full-time retirement. Phased retirement encompass pre-retirement as well as gradual reduction in work hours , it also contains post-retirement as regards pensioners that has wish to remain employed.

Answer:

$38,000 credit balance

Explanation:

Data and Calculation

Capital Account

Debit :

Drawings                               $15,750

Closing Balance                   $38,000

Credit :

Opening Balance                 $29,750

Profit ($92,700 -  $68,300) $24,000

thus

Capital account after all closing entries are made has credit balance of $38,000.

Answer:

Treasury Stock

Explanation:

A firm`s purchase of its own stock is known as Treasury Stock. This is a a contra equity account, that is reported on the statement of stockholder's equity.

Answer:

Bundling

Explanation:

Bundling

This is simply regarded as a form pricing strategy. It is used by managers to give or offer several products or services as one package (termed a "bundle"). This is very important as it is useful if your customers' demand is very heterogeneous. Know that price discrimination is infeasible here.

Types of bundling

1. Simply bundling

2. Mixed bundling.

Managers of organizations, businesses or firms do use ths bundling method as it can;

1. It can increase the sellers profit if customers have varied tastes.

2. It is a said to find means to emulate perfect price discrimination when perfect price discrimination is not possible or it is not legal to charge multiple prices for the same product

bundling work best ehen there is big variance in consumers' price sensitivity of demand and when market conditions make it hard to price discriminate.

Answer:

Auditing

Explanation:

Auditing means the audits of the financial statement or the objective examination and the financial statement of the company could be evaluated. It is performed by the third party i.e. auditor. It can be performed by the internal parties and government entity like the internal revenue service

So the review and evaluation of the financial records is called as the auditing  

Answer:

monitoring

Explanation:

Monitoring is an essential step in tracking the results of an organizational operation. When a decision is implemented in a company, it must be monitored through a systematic collection of data and information that allow the manager to analyze whether the decision is in accordance with the plan, whether the progress is being effective and whether the results are compatible with the planned, being able to make changes to the project if necessary, eliminate bottlenecks and continuously improve organizational operations, achieving greater quality and effectiveness.

Answer:

Constant or fixed cost

Explanation:

because companies are always set fixed money to their customers

Answer:

The concept of organizing is that which gives employees the right to use resources and make commitments

Answer:

A debit to Management Services Expense for $1,250

Explanation:

The adjusting entry should be

Management Services Expense Dr ($5,000 ÷ 2 × 6 ÷12) $1,250

         To Cash $1,250

(being cash paid is recorded)

Here cash is debited as it increased the expense and cash is credited as it decreased the assets

Hence, the same should be considered

Answer:

Credit union.

Explanation:

A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.

Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.

In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.

Answer:

Credit union

Explanation:

Credit union is the category this institution would most likely fall under.

Answer:

debit Office Supplies Expense, $255; credit Office Supplies, $255.

Explanation:

Based on the information given the required Appropriate adjusting journal entry is:

Debit Office Supplies Expense $255

Credit Office Supplies $255

($360-$105)

Concrete instructions is the term for setting personal goals, peer evaluations, and parental involvement.

This is type of instruction that is usually tailored by the teacher to meet the personal goals of the student.

In this type of instruction, the family of the student is usually involved and the peers of the students are all parts of the evaluation process.

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Answer:

concrete

Explanation:

Answer: Yes

Explanation:

Ignoring a situation you have an idea of to play out in another way has implications. Under Quasi-k, the court will implicate a contractual obligation on Mr Jones for staying idle and giving permission to Mr Lance to carry out the activity.

Answer:

Personnel administration.

Personnel recruitment and selection.

Compensation and incentive management.

Development of a positive work climate.

Employee performance evaluation.

Staff training and development.

Labour relations.

Occupational health and safety.

Explanation:

The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.

Answer:

geographic departmentalization.

Explanation:

It is correct to say that multinational corporations tend to use geographic departmentalization due to the large differences between different regions.

The geographic departmentalization corresponds to a strategy where a company uses a form of structure oriented to a region, that is, it allows the operationalization to be more effective in a region that has greater demand or needs a physical office to better and faster service its customers.

Answer: C. No, because the federal rules permit service under the rules of the state in which service will be effected.

Explanation:

The case was filed in federal court so the rules regarding the service of the summons will be according to the rules of federal courts.

Rule 4 of the Federal Rules of Civil Procedure allows for the service of a summons to be based on the service rules of the state where the service is to be made. As the service was done in State A and State A allows service to be at defendant's place of business, proper procedure was followed and so the court will not dismiss the action.