Answer:
The full payment is due within a 30-day credit period.
The buyer can deduct 2% of the invoice amount if payment is made within 10 days of the invoice date.
Explanation:
The credit terms of 2/10,n/30 means that
The credit period available is 30 days in which the fully payment is due
And, if the payment is made within the 10 days so the buyer could eligible for 2% discount on the total price
Therefore the above 2 options should be considered
Matching Question Match the following strategies for selling products globally with the correct definition. Product extension Product extension drop zone empty. Product adaption Product adaption drop zone empty. Product invention Product invention drop zone empty. Creating a totally new product to satisfy common needs across countries. Selling virtually the same product in other countries. Changing a product to make it more appropriate for a country's climate or consumer preferences. Need help
Answer:
1. Product invention.
2. Product extension.
3. Product adaptation.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
1. Product invention: it involves creating a totally brand new product to satisfy or meet common consumer needs across countries.
2. Product extension: it involves selling virtually the same product in other counties i.e sales of product that are the same in various countries.
3. Product adaptation: it involves changing a product in order to make it more appropriate or convenient for a county's climate or consumer preferences.
Football Contractors, INc., which reports under US GAAP, has contracted to build a stadium for the City of Washburn. The contract price is $100 million and costs are estimated at $60 million. Costs are not assured, however, because there is a material risk, which Football Contractors has assumed, that ground water problems might slow construction and increase costs by as much as $40 million. In 2004, the first year of the agreement, Football Contractors, Inc. billed $30 million, received $20 million payment, and incurred $15 million in costs. For 2004 Football Contractors, INc. should recognize revenue from the CIty of WAshburn transaction in the amount of:
A) $0.
B) $30 million.
C) $20 million.
Answer:
The answer is A. $0
Explanation:
It is stated in the question that the total costs to completely deliver this contract has not been clearly defined due to uncertainty in ground water problem.
Thus, the method should be applied under US GAAP in this situation is complete contract method which indicates that No revenue should be recorded until the contract is completed and the total cost to deliver contract is defined.
Thus, in 2004, the revenue from contract is not recorded at all which gives us the answer to be A. $0
Answer:
A) $0.
Explanation:
Under the US GAAP, when there are uncertainties surrounding costs and cannot be estimated reliably, the completed contract method would be applied.
Completed contract method means that no revenue would be recognized on the contract until contract completion, in other words, Football Contractors, Inc. should not recognize any revenue e from the CIty of Washburn transaction in the year 2004.
In short, the correct option is A with $0 revenue in the year 2004.
What kind of inventory tracking system shows the cost and gross profit margin in each item?
Unit-control systems
Dollar-control systems
Manual tag systems
Radio frequency identification systems
Answer:
hola its jess !!
answer is here:-
Dollar-control systems show the cost and gross profit margin on individual inventory items.
hope it may help you!!
Name the market structure in which agriculture farming operate
Answer:
primary sector involves agricultural stuufs
hope it is helpful
explain the difference between a board meeting, a committee meeting and a staff meeting
Answer:
Board meeting is a group of high ranked people coming together to discuss affairs.
committee meeting is the coming together of people in a particular organisation to talk on the matter of the place
staff meeting is the group of staff discussing the affair of where they work.
Lightning strikes one of Christy’s trees in her backyard and starts a fire that spreads to two other trees before firefighters are able to put it out. The fire department charges her $600 for responding to her call. Christy’s DP-2 policy has a Coverage A limit of $95,000. What is the maximum amount of indemnification that Christy can expect to receive for this loss (ignoring any deductible)?
Answer:
$2000
Explanation:
The maximum amount of indemnification that Christy can expect to receive for the loss = $2000
Given that Indemnity is the payment made to an insured person that will cover the exact cost of the loss suffered
limit of Christy's DP-2 policy = $95,000
Cost of damages charged by fire department = $600
This is a partial loss ( not considering depreciation )
Replacement cost = $95,000
assume percentage of loss = 2.1%
Max amount of Indemnification = 2.1% * 95,000 = $1995 ≈ $2,000
Factories that produce smartphones can also produce smart watches. Which of the following events in the market for smartphones illustrates the law of supply?
1. The price of a smart watch falls.
2. A new robot technology lowers the cost of producing smartphones.
3. The price of a smartphone falls.
4. The price of a smartphone is expected to rise next year.
5. The wage rate paid to smartphone factory workers increases.
A, Event #1 only
B. All 5 events listed
C. Events #1, #4, and #5
D. Events #2, #3, and #4
E. Event #3 only
Answer:
e
Explanation:
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
Only a change in the price of he good affects the law of supply
When The price of a smartphone falls, quantity supplied falls
other factors lead to a change in demand
If you are unhappy about the current transportation system, which of the following politicians will you vote for?
A. Politicians who advocates going to war abroad
B. Politicians who wants to improve roads and highways
C. Politicians who aim to improve the educational system
D. Politicians who suggest increasing the sales tax
Answer:
It would be B because these politicians would improve the roads and the means of transportation
wich market structure is agriculture farming operates
Answer:
Economists often use agricultural markets as an example of perfect competition. The same crops that different farmers grow are largely interchangeable.
hope that helps<3
please can u explain 5 types of ledgers
Answer:
1. Sales ledger
2. Purchase ledger
3. Cash ledger
4. General ledger
Answer:
What is professions in nepal
Vance, a marketing major, was helping his sister develop her retail shop. Her business was not thriving, and Vance quickly determined that trying to please everyone was pleasing no one. Together they worked out an approach where she would identify groups of customers who had similar needs, and then work with each group to meet their needs. This basic process in marketing is called
Answer:
"Marketing segmentation" is the appropriate answer.
Explanation:
The technique of dividing large operations into communities having shared requirements, specifications as well as preferences, would be considered as Marketing segmentation.However, it is founded upon this notion that within an attempt to maintain their competitive edge as well as improved flexibility, organizations should identify organizational process categories.Thus, the above is the correct response.
If the actual unemployment rate (U) is greater than the natural rate of unemployment (UN), a(n): Multiple Choice recessionary gap exists and actual real GDP (QE) is less than natural real GDP (QN). inflationary gap exists and actual real GDP (QE) is greater than natural real GDP (QN). inflationary gap exists and actual real GDP (QE) is less than natural real GDP (QN). recessionary gap exists and actual real GDP (QE) is greater than natural real GDP (QN).
Answer:
Option b (Inflationary gap.....(QN)) is the correct option.
Explanation:
Unemployment rates naturally are not dependent upon business price movements. Everything just necessarily leads to friction as well as structure.Whenever natural rates are below official unemployment, therefore inflation seems to be on the way to the industry, this same manufacturing sector overheats or the actual growth rate is higher above inflationary pressures throughout economic growth.There are three more alternatives that do not connect to the circumstance. Thus, the solution is right.
mention any five types of small-scale retailers
Answer:
Retail trade is carried on both at small scale and large scale. Small scale retailers are either mobile traders (itinerants) or fixed shops. Mobile Traders or Itinerants These retailers have no fixed place of business. They move from place to place and sell articles of daily use near to consumers. These include the following:Explanitaion:1. Hawkers: A hawker moves about in residential localities. He carries his goods in a hand cart or bicycle. He deals in low-priced goods of daily use. E.g. combs, toys, soaps, mirrors, bangles, vegetables, fruits, ice-cream, etc. Read more on Sarthaks.
2. Peddlers: A peddler also moves from house to house and sells articles of daily use. But he carries his wares on his head or on the back of a mule. Read more on Sarthaks.
3. Cheap Jacks:A cheap jack hires a small shop in a residential locality for a temporary period. He shifts his business from one locality to another depending on the availability of customers. He deals in low-priced household articles. Read more on Sarthaks.
4. Pavement dealers or Street Traders: A pavement dealer displays his wares on footpath and outside public places such as railway station, bus stand, cinema, temple, etc. He sells low priced articles like newspapers, magazines, fruits, vegetables, footwear to the passersby. He is also called street trader. Read more on Sarthaks.
5. Market Traders:
A market trader sells goods at weekly markets when the shops are closed for weekly holiday. He displays goods outside the closed shops. He deals in lowpriced articles of daily use. He may also set up stalls on fairs and exhibitions. Fixed Shops (Small Scale Retail Shops) Small scale retail shops are the most popular form of retail trade. Read more on Sarthaks.
HOPE IT HELPSdefine inequality and poverty
Answer:
Inequality is the situation whereby there is a clear difference in access to certain economic and social resources by one sector of the population compared to others. Thus, the abysmal differences in income, levels of education, health or housing between the different social classes show this type of inequality situation.
On the other hand, poverty is a more concrete concept, in which one or several individuals have a situation of scarcity of elementary economic resources, which directly affects their quality of life.
An economy can produce either guns or butter with all available resources. Suppose it currently produces all butter and it chooses to produce some guns, thereby giving up some production of butter. As a result, the first 200 units of guns are produced at the cost of only 50 units of butter. Not surprisingly, the next 200 units of guns are produced at the cost of 150 units of butter and the last 200 units of guns at the cost of 300 units of butter. What does this describe?
Answer: The law of increasing opportunity costs
Explanation:
The scenario given describes the law of increasing opportunity costs. This law explains that when there's an increase in output in the production of a good, this will then bring about a scenario whereby the opportunity costs of the additional units of the other good will then be less.
As there is an increase in the production of one good, then this will lead to the increase in the opportunity cost of producing the next unit.
Which of the statements below is FALSE? A. A problem with using the dividend growth model is that it appears to underestimate the expected return for some stocks B. A problem with using the dividend growth model is that it produces a negative expected return whenever a firm cuts its dividends. C. A problem with using the dividend growth model is that it appears to underestimate the expected return for all stocks. D. The dividend model requires that a firm have a cash dividend history and that the dividend history shows a constant dividend or a positive growth in dividends.
Answer:
C. A problem with using the dividend growth model is that it appears to underestimate the expected return for all stocks.
Explanation:
In the case of the dividend growth model, it shows the underestimated of the return for some stocks, also it generated the negative return at the time when the firm could cut the dividend. ALso it needs that the firm has the history of the cash dividend and that history should show the same dividend or the positive growth
But it does not show the underestimate for all kind of the stocks
meaning of accounting
Answer:
Accounting is the process of recording financial transactions pertaining to a business.
Germany and the U.S. both produce cars and airplanes. The U.S. has the comparative advantage in producing airplanes if a. the opportunity cost of producing an airplane is lower for Germany. b. Germany requires fewer resources than the U.S. to produce an airplane. c. the opportunity cost of producing an airplane is lower for the U.S. d. the U.S. has an absolute advantage over Germany in producing airplanes.
Answer:
Option C
Explanation:
In simple words, The capacity of a country to provide a certain item or service at a lower opportunity expense than its trade rivals is known as comparative advantages. A comparative advantages allows a firm to sell goods as well as services at a cheaper cost than its rivals while maintaining higher profit margins.
Thus, from the above we can conclude that the correct option is C.
Horizontal, vertical, and related acquisitions to build market power: Group of answer choices are likely to undergo regulatory review by various governmental entities. are rarely permitted to occur across international borders. concentrate on capturing value at more than one stage in the value chain. typically involve a firm purchasing one of its suppliers or distributors.
Answer:
likely to undergo regulatory review by various governmental entities.
Explanation:
A horizontal acquisition refers to the business strategy where the one company could take the other company that operates at the similar level while on the other hand the vertical integration is the integration where the business operation could be acquired with the similar kind of production
So these types of acquisition should established the market power through which the regulatory review could be undergone via a different government entities
All of the following are skills needed by an accountant except: O Communication O Time management O Speed O Critical Thinking
Answer:
O Speed.
Explanation:
An accountant is someone who keeps an account of the financial records of a person or a business. They are responsible for performing accounting functions such as analyzing accounts, auditing, and reporting the financial transactions of a person or a business.
Among the various skills needed to be an accountant, speed is not one of them. Communication, be it oral or written is one important aspect of the requirement while time management and critical thinking are also important aspects of an accountant.
Thus, the correct answer is the third option.
Last year, Alfred earned $5,000, Betty earned $50,000, and Charlie earned $500,000. If they all pay a 35% tax on all their incomes, the tax would be described as a(n)
a progressive
b proportional
c excise
d regressive
The Federal Reserve can alter the business cycle through the use of
a monetary policy
b commercial banks
c fiscal policy
d unemployment legislation
The purpose of expansionary fiscal policy is to
a prevent hyperinflation
b increase the separation between Government and private industry.
c Increase output (GDP)
d slow the growth of GDP
Answer:
b. proportional
a. monetary policy
c?. increase output?
Explanation:
Hesitant on #3 because it could technically be considered a as well, but c marks its primary purpose.
How can business activity affect the government?
The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $ 45,000 Sale of long-term investment $ 24,000 Dividends received on long-term investments $ 9,000 Paid off bonds payable $ 12,000 Depreciation expense $ 32,000 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be: Multiple Choice $(32,000) $(69,000) $(12,000) $(21,000)
Answer:
$(21,000)
Explanation:
The computation of the net cash provided by (used in) investing activities is shown below:
Cash flows from investing activties
purchase of plant and Equipment = -$45,000
Sale of long term investment $24,000
net cash used by investing activities - $21,000
Hence, the last option is correct
A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and Group of answer choices is acceptable as a means to pay current liabilities. has a current market value that is greater than its original cost bears an interest rate that is at least equal to the prime rate of interest at the date of liquidation. is so near its maturity that it presents insignificant risk of changes in interest rates.
Answer:
so near its maturity that it presents insignificant risk of changes in interest rates.
Explanation:
As we know that the cash equivalent i.e .short term and also classified as the highly liquid investment that is always ready to convert into the cash amount i.e. near to its maturity also at the same time it represent the non-significant changes risk with respective to the rate of interest
Therefore the last option is correct
are you smart enough to do that task try it who is the first person made the light
Dobris Networks Inc. provides network traffic awareness, analysis, and control solutions for broadband service providers in USA. The company plans to expand its business in Austria. The directors of the company want a group of top level managers to take a call on the expansion strategy by studying the situation on hand. The task assigned to the group is an example of _____ tasks.
Answer:
D. intellective
Explanation:
The Intellective task is the task that includes the group capability for making the decision or the judgement
Since in the given situation it is mentioned that the company directors wants the group of the top level manager where the expansion strategy should be called via having the situation on the hand so here the task allocated to the group represent the example of the intellective task
Research three ways a business can promote products and services and describe the strengths and weaknesses of each.
Answer:
Promotions is the part of marketing that specifically involves communicating company or product information to targeted customers. This is a key component of the broader marketing system, because it is what usually makes customers aware of you, attracted to your brand, interested in buying and ultimately, loyal customers. Advertising, public relations and personal selling are three staple methods of promotion, though some new techniques have emerged in the early 21st century.
Advertising
Advertising takes up a significant portion of a company's budget allocated toward marketing and promotion. It includes the development and paid delivery of brand or product messages through media. Companies usually have internal advertising departments that design and develop ads, or they work with advertising firms who specialize in the advertising process. Since you pay for ad placement in media such as television, radio, newspapers and magazines, you generally have more control over the message than you do through some other promotional methods.
Public Relations
Maintaining goodwill with the public is an important long-term strategy for both small and large companies. A variety of public relations tactics are used to reach out to customers through unpaid-for media messages. Press releases are one of the most common and routine PR tactics. This is when a company sends an overview of a major change or event, product launch or other news to various media outlets. Press conferences, features news reports and newsletters are other common PR tools. A general objective of PR is to keep your brand in front of people even beyond paid ads. The challenge is you can't always control the way your PR messages are delivered or received.
Selling
While business typically engage in some level of advertising and public relations, the use of personal selling tactics varies considerably. Some small businesses don't employ active sales associates based on the small-scale products or services they sell. Companies with big-ticket items, such as electronics or appliances, more often use sales associates to stress the benefits of products to customers and to overcome their concerns. Selling is one of the most interactive forms of promotion.
Advertising, public relations and personal selling can promote products and services and describe the strengths and weaknesses of each.
What is a business?Business refers to the activity of creating, purchasing, and reselling goods in order to support oneself financially.
Advertising: A considerable amount of a bank's advertising and development budget is spent on advertising. The majority of businesses either use internal advertising teams to create and develop their ads or they contract with external ad agencies who specialized in the process of marketing.
Public Affairs: Keeping the public's trust is a crucial long-term approach for businesses of all sizes. Customers are reached through unpaid media messaging using a range of public marketing strategies. Among the most common and conventional PR strategies is the press release.
Selling: While businesses usually participate in some form of advertising and promotion, the utilization of personal selling techniques varies greatly. Because they provide such low-volume goods or services, several small enterprises don't have active sales representatives.
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A co-worker who has to leave work early to deal with a personal matter asks that you complete some time-sensitive paperwork and turn it into your supervisor before leaving at the end of the day. You agree and urge your co-worker to leave in order to address his personal matter, assuring him it will be taken care of. At the end of the day, you neglect to carry through on your promise and do not complete the paperwork. The next day, your supervisor chastises your co-worker, indicating that a reprimand will be placed in their personnel file because of the failure. Your co-worker does not disclose that you had promised to complete the work. Using the Golden Rule as a guideline, you should: _______.
Answer:
intervene and tell the supervisor you had assumed responsibility for the paperwork and forgot
Explanation:
The golden rule is based on a principle of reciprocity and it states that one should treat others the way they want to be treated.
Different religions overtime have the same principle embedded in their doctrines.
In the given scenario where a coworker told you to compete some work for him before leaving and you failed to do so, when the coworker is being reprimanded you should take responsibility for the paperwork and say you forgot.
This is only fair on your coworker seeing it wasn't his fault the work was not done.
Also when you treat people fairly you can also be expected to be treated fairly too.
points and freind requsts
Answer:
Thank you so much for points I will be your friend............
As the CEO of your company, you can use only the planning and controlling functions to reach your organizational goals.
Select one:
O True
O False
Answer: False
Explanation:
CEOs are top management and top management use all five functions of management to ensure that the company reaches its goals and objectives.
The CEO has to use planning to to decide what long term strategies the company will use to achieve its goals. They have to use controlling to evaluate and improve the methods the company is taking to achieve its long term goals.
They also have to use staffing to hire the best top level and middle level talents that can push the company forward. As management they have to use leading to get the employees inspired to move the company forward and finally they will use organizing to put the various processes in the company together to ensure that the company's goals are met.