In order to maintain its competitive position in the market, McDonald can employ functional level strategies to develop important resources that will allow it to achieve greater efficiency, quality, innovation, and customer responsiveness.
To ease the trade of goods and services, parties might congregate in a market. In most cases, buyers and sellers are the engaged parties. The market might be actual, like a real store where customers can interact with each other in person, or it could be virtual, like an online marketplace, where customers and sellers do not come into touch with each other directly. The presence of a marketplace, buyers, and sellers, as well as a good or service that can be bought and sold, are some of the crucial criteria that help define a market. Any location where two or more people can gather to conduct a business transaction, even one that doesn't require legal money, is referred to as a market.
learn more about market here
https://brainly.com/question/17284274
#SPJ4
At Creighton Company, the following errors were discovered after the transactions had been journalized and posted.
(1) A collection on account from a customer for $870 was recorded as a debit to Cash $870 and a credit to Service Revenue $870.
(2) The purchase of store supplies on account for $1,570 was recorded as a debit to Supplies $1,750 and a credit to Accounts Payable $1,750.
Prepare the correcting entries
The correction entries shall be as follows, . Service Revenue Dr.$ 870 client Account Cr.$ 870 2. Store Purchases Dr.$,570 Accounts Payable Dr.$ 180 inventories Account Cr.$,750.
1. The service profit account was exaggerated and client account understated. thus by charging service profit and by crediting client account, both have been paraphrased at their factual position.
2. The account was exaggerated by$ 180(,750-,570). it is amended by charging with$ 180. Whereas the inventories regard was incorrectly charged thus that impact of$,750 switched and factual store purchases charged with the factual quantum of$,570.
to know more about revenue click here:
https://brainly.com/question/23706629
#SPJ4
net income = $400; total assets = $3,000; total liabilities = $1,200; total asset turnover = 2.0 what is the capital intensity ratio assuming dividends paid total $250?
The capital intensity ratio assuming dividends paid total $250 is 2.
Capital intensity ratio is a financial metric that measures a company's use of fixed assets, such as property, plant, and equipment, relative to its total sales. In other words, it shows the level of investment a company has made in its long-term assets to generate revenue.
To calculate the capital intensity ratio, we divide the total value of a company's fixed assets by its sales. In this case, the student has total assets of $3,000 and total asset turnover of 2.0, meaning their sales are $3,000 / 2.0 = $1,500.
Therefore, the capital intensity ratio can be calculated as follows:
$3,000 (total assets) / $1,500 (sales) = 2
This indicates that for every $1 of sales, the student has invested $2 in fixed assets.
It's important to note that capital intensity ratio can vary significantly from industry to industry and from company to company. Some industries, such as manufacturing, require significant investment in fixed assets to generate sales, resulting in a high capital intensity ratio. Other industries, such as retail, require less investment in fixed assets, resulting in a lower capital intensity ratio.
In this scenario, the student has a high capital intensity ratio of 2, indicating that they have made a significant investment in fixed assets relative to their sales.
For more about capital intensity ratio:
https://brainly.com/question/14769916
#SPJ11
Determine whether each of the following costs should be classified as direct materials
All manufacturing expenses that may be directly linked to a product are categorized as either direct labor or direct materials.
What is manufacturing?Manufacturing is the process of transforming raw materials or component components into completed things using equipment, labor, tools, and chemical reactions. By charging more for finished goods, manufacturing enables businesses to recoup their original investment in raw materials. By using assembly-line techniques and cutting-edge technologies, large-scale manufacturing makes it possible to produce items in large quantities. By utilizing economies of scale to produce more products for less money, manufacturers can profit from efficient production processes. It entails processing raw materials like ore, wood, and food into finished items like furniture, metal goods, and processed foods. Manufacturing is a particularly lucrative component in the supply chain since this added value drives up the cost of finished goods.
To learn more about manufacturing, visit:
https://brainly.com/question/13740503
#SPJ4
calvin, a project manager, has scheduled a meeting for his team to discuss problems that have developed over the course of the project. lou, a team member responsible for assisting with updating the project schedule, expresses his concern about the time constraints over the next month. he is concerned there will not be enough time to attend the upcoming training seminar on how to use a new software program. this program is designed to help him with his tasks for maintaining the project schedule. lou maintains that it is of the utmost importance to be able to attend the training. jane, who is part of the project management team, needs lou to be available to work on some key tasks. jane reminds lou and calvin that the training seminar will be presented three months from today's date and lou can attend it when there is more flexibility in the project schedule. which action should calvin take? answers a. agree with lou and let him attend the upcoming training seminar b. take into account lou and jane's points and let the team members come to a consensus c. consider all aspects of the situation and check with key project stakeholders d. let lou decide when to take the training seminar
Calvin is backing away from the problem by allowing Jane and Lou come up with a solution.
A possible or actual conflict between members of the project team is avoided by the project manager as a means of conflict resolution.
When exactly does the project manager evaluate the effect a change has on the project?
The process of determining the impact of the modification on the project is called the impact assessment stage. It should be possible to capture the necessary information in a systematic manner by using a change request template. The goal is to make it possible for the sponsor and other interested parties to make an educated choice.
The benefits are listed in the benefit management plan, which is a tool for determining whether the system's trial results met the required advantages.
To learn more about conflict resolution here:
https://brainly.com/question/29432158
#SPJ4
in the last decade, the , fill in the blank, strategy has been significantly impacted by the ability for customers to order products via mobile apps, the internet, and free-standing kiosks. these activities are most closely associated with which element of the marketing mix?
The dispersion or place component of the marketing process is most closely related to these activities.
How would you define marketing?The process of developing, communicating, delivering, as well as exchanging offerings that are valuable to customers, clients, partners, as well as society at large collectively is known as marketing.
What does marketing encompass?Giving customers post-purchase assistance is part of marketing management's remit in order to keep their business, foster brand loyalty, and improve the company's reputation. Additionally, it entails getting customer feedback to determine how satisfied customers are. Philip Kotler is widely regarded as the founder of contemporary marketing, and with 57 publications to his credit, it's easy to see why.
To know more about marketing visit:
https://brainly.com/question/14625427
#SPJ4
TO obtain your first driver's license, you must successfully complete several activities. First, you must produce the appropriate identification. Then, you must pass a written test. Finally, you must pass the road test. At each of these steps, 10 percent, 15 percent, and 40 percent of driver's license hopefuls fail to fulfill the step's requirements. You are only allowed to take the written test if your identification is approved, and you are only allowed to take the road test if you have passed the written test. Each step takes 5, 3, and 20 minutes, respectively (staff members administering written test need only set up the applicant at a computer). Currently the DMV staffs 4 people to process license applications, 2 to administer written tests, and 15 to judge the road test. DMV staff work 8 hours per day. What is the bottleneck according to the current staffing plan? What is the capacity of the process (expressed in approved cases per day)?
The total number of candidates that are able to take the evaluation test = is 960/3 =320 candidates
According to the existing personnel, there is a 2 bottleneck-
hours spent working on each segment in total
=4x8=36
=2x8=16
=5x8=40
Bottleneck
36 x.9 =32.4 hours candidates will only move forward for the next step
16 x .85 =13.6 hours will only move forward for the next step
40 x .6 =24 hours will only move forward for the next step
In manufacturing systems (such as an assembly line or computer network), a bottleneck is an area of pressure that stops or severely slows down the process. Production stops and costs go up as a result of the bottleneck's inefficiencies.
The term "bottleneck" refers to a bottle's typical shape and the fact that its neck is its thinnest point, increasing the likelihood of congestion and attempting to impede the flow of water out of the bottle. Long-term and short-term impediments are separated into their respective groups. Temporary conditions like staff members who are on vacation or sick leave frequently result in a temporary bottleneck.
The delayed process has a bottleneck when compared to other activities, according to the conclusion drawn from the aforementioned solution discovery procedure.
3. Maximum number of candidates for the assessment test
Exam time will take 3 minutes
The total number of working hours per day = 16
Number of working hours into minutes=16 x 60 =960 minutes
The total number of candidates that are able to take the evaluation test = is 960/3 =320 candidates
To know more about bottleneck, visit:
https://brainly.com/question/937410
#SPJ4
what would tire city external financing if inventory is not reduced
The effect of not reducing inventory on tire city's external financing would depend on several factors, such as the size of the inventory, the cost of holding the inventory, and the company's cash flow.
If tire city has a large inventory and is holding onto it for an extended period, the cost of holding the inventory may increase, which could negatively impact the company's cash flow and financial performance. This could make it more difficult for tire city to secure external financing in the future, as lenders or investors may view the company as a high-risk investment.
However, if tire city is able to manage its inventory effectively and sell it quickly, the company may not face any issues with external financing. In this case, the size of the inventory may not have a significant impact on the company's ability to secure financing.
To read more about Inventory, Visit- https://brainly.com/question/28960940
#SPJ11
Mean value of x And y, when the regreion line of y on x and y are 4x-7y15=0 and 7x-3y-20=0 are
The mean values of x and y can be found using the formula for the equations of the regression lines. The mean value of x is given by:
x_mean = (15/10) = 1.5
The mean value of y is given by:
y_mean = (-20/10) = -2.
So, the mean values of x and y are 1.5 and -2 respectively.
What is a mean value?A mean value is the average of a set of numbers, computed by summing the numbers and dividing by the number of items in the set.
A regression line is a line of best fit that represents the relationship between two continuous variables. It helps to predict the value of one variable based on the value of another variable.
The regression line is created by fitting a mathematical equation to the data points. The equation takes the form of y = mx + b, where y is the dependent variable, x is the independent variable, m is the slope of the line, and b is the y-intercept. The slope and y-intercept are determined through statistical analysis of the data, using methods such as linear regression.
Learn more on mean value here https://brainly.com/question/1136789
#SPJ1
Suppose that S&P500 price/earnings ratio is 17.5, and its dividend payout ratio is 50%. Estimating a future growth of dividends of 7%, what is E(rm)? Assume this index proxies the market.
E(rM) = Dividend Payout ratio x (1+growth rate)/ Price Earning ratio + Growth rate
Enterprise risk management E(rm) = 10.06%
E(rM) = Dividend Payout ratio x (1+growth rate)/ Price Earning ratio + Growth rate
E(rM) = 50%*(1+7%)/17.50 + 7%
E(rM) = 10.06%
A dividend is a payment made to shareholders by publicly traded companies that is funded by the company's net profit. Such rewards can take the form of cash, cash equivalents, shares, and so on. A dividend is cash distributed to shareholders from profits. They are usually paid once a quarter. AT&T, for example, has made similar distributions for several years, with its 2021 third-quarter issue priced at $2.08 per share.
Dividend investing can be a very profitable investment strategy. Dividend stocks have historically outperformed the S&P 500 while experiencing less volatility. This is because dividend stocks offer two types of returns: regular income from dividend payments and capital appreciation from stock price appreciation. Over time, this total return can add up.
Learn more about Dividend
https://brainly.com/question/17031701
#SPJ4
startups are fun and while they have inherent risks, they can often be more engaging to work in than a large corporation. some of the differences in working for a startup versus a corporation might include:
If you work in corporate, it's possible for someone else to quickly take your place, especially if you've only recently started. In contrast, you can eventually develop special knowledge and experience in a startup. The more experience you have, the more valuable you are to a startup.
An organization in its early phases of existence is referred to as a startup. Entrepreneurs that desire to create a product or service they think there is a market for launch startups. A startup is a business that has not been around for more than three to five years. making use of a cutting-edge/disruptive business approach or technology. aiming for a sizeable team and income growth. A small firm is more concerned with building and sustaining a steady and consistent revenue stream while a startup is more focused on fast growing and becoming a much bigger corporation. In no way are they attempting to scale up.
Learn more about startup here
https://brainly.com/question/16807187
#SPJ4
The differences in working for a startup versus a corporation might include:
What are the 4 main types of businesses?
Business can be classified into 4 categories, there are sole proprietorship, partnership, corporation, and also S corporation. That type of business is being classified by Legal and tax considerations .
In the term of economic, Business also known as the efforts and activities of a person who generally can be defined as a producing goods or offering services with the intent to sell them for profit. In the other side, Business also can be described as an enterprising entity or organization that carries out professional activities.
Here you can learn more about type of business https://brainly.com/question/15441956
#SPJ4
best discount store uses the perpetual system and had a sale on account to julie smith of $5,000 with terms 3/10, n/30. ms. smith did not pay within the discount period. the journal entry to record receiving payment from the sale on account would be:
Cash is received in the amount of $4,850(debit), which needs to be deducted from Accounts Receivable of $4,850 (credit).
What are Accounts Receivable?
The term "accounts receivable" describes the unpaid bills or cash that customers owe a business. The term describes accounts that a company is entitled to get since it has provided a good or service. Receivables, also known as accounts receivable, are a company's line of credit that typically include terms that call for payments to be made within a somewhat short time frame. A few days to a fiscal or calendar year are usually included. Due to the customer's legal duty to pay the debt, businesses include accounts receivable as an asset on their balance sheets. They are regarded as liquid assets since they can be pledged as security against a loan to cover immediate expenses.
At the time the income was recorded, a discount of $150 (.03 * 5,000) had already been deducted from Accounts Receivable and Service Revenue. The balance due from Ms. Smith is $4,850 ($5,000 - $150), which must be paid.
To learn more about Accounts Receivable visit;
https://brainly.com/question/13166196
#SPJ4
What causes a production possibilities frontier to shift outward?
Changes in the overall number of manufacturing elements that are now available or technical improvements may result in an outward or inward shift in the PPF.
What is the production possibilities frontier?The graph known as the Production Possibilities Frontier (PPF) illustrates all the possible output combinations of two items that can be created with the resources and technologies currently in use.
The PPF articulates the concepts of choice, tradeoffs, and scarcity well.
An outward or inward shift in the PPF could be caused by changes in the total amount of manufacturing factors that are now available or technological advancements.
If the total amount of production inputs, like labor or capital, rises, the economy can produce more goods at any point along the frontier.
The trade-off between manufacturing one good vs another is gauged by the production possibilities curve.
Therefore, changes in the overall number of manufacturing elements that are now available or technical improvements may result in an outward or inward shift in the PPF.
Know more about production possibilities frontier here:
https://brainly.com/question/25071524
#SPJ4
question 2 which of the following is an asset? (check all that apply) 1 point prepaid rent common stock cash notes payable retained earnings
Cash is an asset .Current assets include: Cash and cash equivalents, such as treasury bills and certificates of deposits.
The retained earnings is not a asset because it is considered a liability to the institution. Accounts payable is considered a current liability, not an asset, on the balance sheet. Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than a year. Common stock is considered an asset.
cash is a current asset and is the first line-item on a company's balance sheet. Cash is the most liquid type of asset and can be used to easily purchase other assets. Liquidity is the ease with which an asset can be converted into cash.
3 types of assets are:-
long-term assets.Current Assets. Current assets are assets that can be easily converted into cash and cash equivalents (typically within a year).Fixed or Non-Current Assets. Non-current assets are assets that cannot be easily and readily converted into cash and cash equivalents.Personal assets can include a home, land, financial securities, jewelry, artwork, gold and silver, or your checking account. Business assets can include such things as motor vehicles, buildings, machinery, equipment, cash, and accounts receivable.
Learn more about asset here:-
brainly.com/question/15000262
#SPJ4
Uing "The Evolution of Economic Thought" book by Randy R. Grant and Stanley L. Brue a reference,
1. What wa the hitorical background of neoclaical chool?
2. What were the major tenet of neoclaical chool? Write all the major tenet. 3. Which tenet of the chool became lating contribution?
The study of the various thinkers' philosophies and theories in the fields that subsequently became political economy and economics, from antiquity to the current day in the twenty-first century, is known as the history of economic thinking.
What is the history of economic thought?The study of the various thinkers' philosophies and theories in the fields that subsequently became political economy and economics, from antiquity to the current day in the twenty-first century, is known as the history of economic thinking.Different schools of economic thought are all included in this field.According to the theory of evolutionary economics, people and society as a whole both influence and shape economic processes.It disdains the classic economics' rational choice theory, contending that psychological variables are the main forces that shape the economy.Economic thought, which spans from antiquity to the present, is the study of many philosophies, theories, and thinkers in the field of economics.A philosophy or an art, rather than a science, is what economics is more of.To learn more about economy refer
https://brainly.com/question/1106682
#SPJ4
what is an accurate characterization of the role of international business investments in latin america today?
International business investments in Latin America today are seen as an important way to promote economic growth and development.
Foreign direct investments (FDI) in the region have increased significantly over the past decade, driven by a combination of factors such as improved macroeconomic policies, increased access to international financial markets, and a growing middle-class population.
Foreign investors are attracted by the region’s large domestic markets and increasing consumer spending power, as well as the availability of natural resources and labor. Investments in infrastructure, manufacturing, and services are helping to drive economic growth and reduce poverty levels in Latin America.
FDI is also helping to improve access to modern technology, foster innovation, and create new jobs. However, governments must ensure that these investments benefit all citizens by promoting inclusive economic growth and reducing inequality.
For more questions like FDI click the link below:
https://brainly.com/question/15399999
#SPJ4
which advertising objective is best suited to maintaining customer relationships and for more mature products?
Reminder advertising objective is best suited to maintaining customer relationships and for more mature products.
For products that are in the mature stage of the product life cycle, reminder advertising are very successful. The product life cycle's maturity stage is simply referred to as a phase that shows how revenues must reach a peak before declining. Sales growth typically slows down at this point, and the product is said to have gained widespread market acceptability.
In conclusion, a product can only reach its maturity stage when sales have risen to their peak level and the rate of volume sales growth tends to remain constant. Reminder can help at this point by reminding them about the product.
To learn more on reminder advertising, visit:
https://brainly.com/question/9938991
#SPJ4
a consumer properly sued a used car dealership for fraudulent misrepresentation and breach of contract in federal court. the case proceeded through trial, and following closing arguments, the judge presented the jury instructions to the jury, but failed to give one of the jury instructions requested by the consumer. the consumer's attorney, however, did not object. instead, he decided to wait and see how the jury would decide the case. after deliberation, the jury returned a verdict for the car dealership. the consumer filed a timely appeal based on the judge's failure to give the requested jury instruction, alleging that this failure caused the jury to render its verdict in favor of the car dealership. how will the appellate court likely rule?
The decision of the appeals court will depend on the specifics of the case and the applicable legal norms, thus the outcome is unpredictable.
An appellate court is what?Appeals from judgements rendered by lower courts are considered by an appellate court, which is a higher court. It is the responsibility of an appeal court to review decisions made by lower courts and determine if any errors warranted the decision's reversal or modification.
What does India's appellate court do?A person may appeal a lower court's decision to a higher court in India under the appellate system if they believe it to be unfair.
To know more about appellate court visit:-
brainly.com/question/11610196
#SPJ4
Marketing research involves all of the following regarding information EXCEPT:
identification.
collection.
analysis.
manipulation.
dissemination.
Market research involves identification, collection, analysis, and dissemination. Hence, all options are correct EXCEPT manipulation.
Market research is a means of gathering information about certain markets and target customers. Market research firms and trade associations give statistics and statistical reports on current and projected market trends.
Typical steps in doing market research includes:
Identify and define the problem or research questionsMake the planCollect data and informationAnalyze data and the findingsDisseminate the results in a report, paper, or other publications.It's sometimes necessary to put up a summary of the study, including the process you used, the results, the conclusions, and the next steps you recommend based on those results.
Learn more about market research here:
https://brainly.com/question/12371177
#SPJ4
when a person’s income is greater than his/her expenses the difference is a
The difference of a person's income and its expenses is a discretionary income.
Discretionary income is the remaining income left after paying taxes and other expenses that could be use for spending, investing, or saving. Discretionary income includes any money spent on luxury and tertiary items. Discretionary income is a subset of disposable income. However disposable income represents the money someone has post-taxes to use both necessities and fun.
Discretionary income is important to economy because it can influence the amount of spending and savings one person contributes to the economy. When econonmy is on expansionary and interest rate is low, discretionary income will be use more on spending. However when the economy is on tight monetary policy, the high interest rate will attract people to save their discretionary incomes in bank and spend less.
Learn more about Discretionary Income here: brainly.com/question/29627808
#SPJ4
Sergei had to decide among watching a two-hour movie with a cost of $20, buying a book to read for $10 that would take about four hours to read, and going to a three-hour concert for $30. If he considers the benefit of each situation to be proportional to the amount of time, with a value of about $50 per hour, what is the opportunity cost of the best decision?.
The opportunity cost of the best decision would be $20. By watching the two-hour movie, Sergei would get the most bang for his buck, as it would cost $20 and provide two hours of entertainment, amounting to $50 per hour.
The other two options provide less value for the cost, as the book would cost $10 and take four hours to read, coming to $25 per hour, and the concert would cost $30 and take three hours, equating to $10 per hour. Therefore, the best decision for Sergei to make would be to watch the movie, and the opportunity cost of this decision would be $20. This cost is the amount of money Sergei would have to forgo in order to make the best decision.
To know more about opportunity cost refer to the link brainly.com/question/13036997
#SPJ4
collections of related projects are normally coordinated by which of these?
Portfolio Managers. While the project manager is managing multiple tasks within a project, the program manager is coordinating between related projects within a program, in order to determine which projects are working towards the same or similar goals, and which may be dependent upon others.
A portfolio manager is a person or group of people responsible for investing a fund's assets, implementing the fund's investment strategies, and managing day-to-day portfolio management.
Portfolio managers can take an active or passive management role.
The ability to originate ideas and to employ excellent research skills are just two factors that influence a portfolio manager's success.
To know more about Portfolio manager, visit: brainly.com/question/30386425
#SPJ4
one of the first steps to take when using cvp analysis to help make decisions is ________.
One of the first steps to take when using CVP analysis to help make decisions is to determine the relevant costs and revenues associated with different options or scenarios.
What is CVP Analysis?Organizations can use the Cost-Volume-Profit (CVP) analysis as a management tool to assess how changes in costs, volumes, and selling prices will affect their overall profit. It sheds light on how fixed expenses, variable costs, sales volume, and profitability are related. Making decisions about pricing, product mix, and cost management require the use of this information.
The fundamental elements of CVP analysis are as follows:
1. Cost Organization: Identifying and classifying all expenditures into fixed costs and variable costs is the first stage in doing a CVP analysis. Rent and salary are examples of fixed expenses that do not fluctuate as a result of changes in output volume, whereas raw materials and direct labor are examples of variable costs that do.
2. Break-Even Point (BEP): The BEP is the point at which a corporation no longer experiences a profit or loss and its income equals its costs. This is a critical requirement that must be fulfilled before a business can start to turn a profit.
3. Contribution Margin: The contribution margin is the portion of each dollar of sales that can be used to pay for fixed expenses and turn a profit. The variable cost per unit is subtracted from the selling price per unit to arrive at this number.
To know more about CVP Analysis visit:
https://brainly.com/question/29564340
#SPJ4
suppose you expect to receive $80 at the end of year 1, $90 at the end of year 2, $100 at the end of year 3, and $110 at the end of year 4. what is the present value of these cash flows if the interest rate is 7 percent compounded annually?
Future cash flow is worth $338.90 at present.
The present value of a future cash flow is calculated by using the following formula:
Present Value = Future Value / (1 + r)ⁿ
Where r is the interest rate and n is the number of periods.
To calculate the present value of the cash flow, we need to solve for the present value of each cash flow separately:
Present Value of Year 1 = $80 / (1+0.07)¹ = $74.68
Present Value of Year 2 = $90 / (1+0.07)² = $81.11
Present Value of Year 3 = $100 / (1+0.07)³ = $87.94
Present Value of Year 4 = $110 / (1+0.07)⁴ = $95.17
The total of all the current values represents the present value of these cash flows.
Present Value = $74.68 + $81.11 + $87.94 + $95.17 = $338.90.
To learn more about cash flow visit:
https://brainly.com/question/24179665
#SPJ4
All of the following are tips experts recommend to job seekers using LinkedIn EXCEPT:
A. grow your network to connect with new people.
B. brand yourself as an expert in your career field.
C. don't be too presumptuous by showing how you can help a prospective employer.
D. make sure your profile is complete.
E. make sure your profile is current, even listing your present employer.
The correct answer is option c. All of the following are tips experts recommend to job seekers using LinkedIn EXCEPT: don't be too presumptuous by showing how you can help a prospective employer.
This can come across as pushy or overeager and may actually harm your chances of landing a job. Instead, it's important to focus on building relationships, showcasing your skills and experiences, and highlighting your qualifications in a professional and appropriate manner.
LinkedIn is a powerful tool for job seekers, offering a wealth of opportunities to connect with potential employers, showcase your skills and experiences, and build your professional network. However, it's important to use LinkedIn effectively in order to maximize its benefits.
Experts recommend several tips for job seekers using LinkedIn, including growing your network to connect with new people, branding yourself as an expert in your career field, and making sure your profile is complete and current, even listing your present employer.
Another important aspect of using LinkedIn is to regularly update your profile, including listing your current employer and highlighting any new skills, experiences, or qualifications. This will help keep your profile current and relevant, and increase your visibility to potential employers.
To know more about LinkedIn refer to-
brainly.com/question/2190520#
#SPJ11
FILL IN THE BLANK. Direct materials, direct labor, and manufacturing overhead are all ______ costs.
Direct materials, direct labor, and manufacturing overhead are all product costs.
The direct costs actively engaged with the manufacturing of a product are referred to as product costs. A retailer's product expenses would include goods purchased from a supplier in addition to any other costs related with bringing their products to market. In summary, product costs encompass any costs incurred during the purchase or production of a product.
Product costs are typically categorized as inventories and referenced to as "inventoriable costs" since these are used to calculate the inventory's worth. When a product is sold, the expenditures associated with it are added to the cost of goods sold, which is represented on the income statement.
Learn more about Income here:
https://brainly.com/question/25745683
#SPJ4
would the cost of job 114, as reported on the job cost record, have been different had the company used "direct labor cost" as the moh allocation base, rather than "direct labor hours"?
The use of "direct labor cost" as the allocation base for overhead costs would result in a different cost of job 114, as reported on the job cost record, compared to if "direct labor hours" were used. This is because the "direct labor cost" takes into account both the number of hours worked and the rate of pay for each worker.
In cost accounting, companies use various allocation bases to determine the overhead costs associated with a particular job or product. One such allocation base is "direct labor hours", which assigns overhead costs based on the number of hours of direct labor used in the production of the job. However, companies can also choose to use "direct labor cost" as the allocation base.
For example, if worker A works 10 hours and is paid $20 per hour, while worker B works 5 hours and is paid $30 per hour, then the total direct labor cost for worker A would be $200 (10 hours * $20 per hour) and the total direct labor cost for worker B would be $150 (5 hours * $30 per hour). If the company uses "direct labor cost" as the allocation base, then overhead costs would be assigned based on the total direct labor cost of each worker, rather than just the number of hours worked.
On the other hand, if the company uses "direct labor hours" as the allocation base, then overhead costs would be assigned based solely on the number of hours worked, regardless of the rate of pay for each worker. This means that if worker A and worker B both worked the same number of hours, they would be assigned the same amount of overhead costs, even though their total direct labor cost is different.
To know more about job refer to-
brainly.com/question/17205577#
#SPJ11
Marketing typically impacts which of the following groups in society? - Customers - Owners - Suppliers.
Marketing typically impacts all three groups in society: customers, owners, and suppliers.
Customers: Marketing is primarily aimed at customers and is designed to influence their buying behavior. By understanding the needs and preferences of customers, companies can create marketing strategies that effectively communicate the benefits of their products or services and encourage customers to make a purchase.
Owners: Marketing also impacts the owners of a company. By creating demand for their products and services, successful marketing can increase sales and profits, helping to grow the business and increase the value of the owner's investment. Suppliers: Marketing can also impact suppliers by creating demand for the products and services they supply. A strong marketing effort can help to increase sales, leading to increased demand for the products and services supplied by suppliers. This can benefit suppliers by creating new business opportunities and helping to grow their own businesses.
Overall, marketing plays an important role in shaping the behavior of customers, owners, and suppliers, and has a significant impact on the economy as a whole.
To learn more about Customers - Owners - Suppliers here:
https://brainly.com/question/28180229
#SPJ4
the receipt of cash from a credit customer on account has what effect on the accounting equation?
When a receipt of cash in advance from customers occurs, account equation, the company records the transaction as an increase in cash (which is an asset) and an increase in unearned revenues (which is a liability). Thus, assets and liabilities both increase.
The account equation, also called the balance distance equation, represents the relationship between the means, arrears, and proprietor's equity of a person or business. It's the foundation for the double- entry secretary system. For each sale, the total disbenefits equal the total credits.
What are the 3 account equations?
The account equation can be rearranged into three different ways means = arrears proprietor's Capital- proprietor's delineations Earnings- Charges. proprietor's equity = means- arrears. Net Worth = means- arrears.
To know more about account equation, visit: brainly.com/question/28523513
#SPJ4
29. How can Joanne prevent having a balance due next year?a. She can increase the withholding on her Form W-4.b. She can make estimated tax payments.c. She can use the IRS withholding calculator to estimate her withholding for next year.d. All of the above
Joanne can prevent herself from having a balance due next year by using the IRS withholding calculator to estimate her withholding for next year. The Option C is correct.
What does having tax balance due means?The balance due is the government's tax liability. Balance dues can occur in four different ways. The first step is to file a tax return indicating a liability owed to the government that has not been paid. A taxpayer owes $10,000 if they file a tax return. They do not include the payment.
This will result in a balance due in the IRS system. The IRS's matching program is the second method by which balance dues are formed. When a taxpayer files a tax return that does not show a tax liability but contains errors or omissions, the IRS will make a correction.
Read more about tax balance
brainly.com/question/28462572
#SPJ1