Sarah, as a beginner in the business world, needs to be careful while investing in a nationally known franchise, as there are various sources of information that can create confusion or lead her to make an incorrect decision.
However, some sources are more reliable and less concerning than others. The least concerning source of information for Sarah could be the franchise's official website or corporate brochure. These sources are usually carefully curated to present the company in the best possible light, but they can still provide valuable information about the franchise's products, services, history, and business model. Additionally, the franchise's customer reviews and testimonials found on third-party websites such as Yelp or TripAdvisor can provide valuable insights into the franchise's operations and customer satisfaction levels. In contrast, Sarah should be cautious when considering information from individuals with a personal or financial stake in the franchise, such as franchisees or sales representatives, as they may have a vested interest in presenting the franchise in a positive light. Similarly, she should be wary of financial projections or income statements provided by the franchise, as they may be based on overly optimistic assumptions or may not be accurate. In conclusion, while evaluating a franchise investment, Sarah should consider a variety of sources of information, but should be especially cautious of those that may have a bias.
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the closing entry for salaries expense includes: multiple choice a credit to salaries payable. a debit to retained earnings. a credit to retained earnings. a debit to salaries expense.
The closing entry for salaries expense includes a debit to retained earnings. Salaries Expense is closed with a credit because it has a typical debit balance. Retained Earnings are debited to make up the offset.
The part of a firm's net income that administration keeps for internal use as opposed to giving it as dividends to shareholders is known as retained earnings. The total amount of revenues that have not yet been distributed to shareholders is known as retained earnings. Additionally, these monies are kept in reserve to be used for debt repayment or reinvested back into the business as acquisitions of fixed assets. Dividends are paid out or assigned are subtracted from the total of all earnings and losses to arrive at retained earnings. Sales revenue, cost of products sold, operating costs, tax, and any other profits or losses related to the firm are all taken into consideration when calculating profit and loss. The accountant will deduct all dividend, whether they are stock or dividend payouts, from the entire value of profit and loss to reach at retained profits.
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a(n) blank corporation is an organization that manufactures and markets its products in many different countries and has managers and stockholders from many countries. multiple choice question. secular world-wide cross-cultural multinational
A multinational corporation is an organization that manufactures and markets its products in many different countries and has managers and stockholders from many countries.
It is a type of corporation that operates globally and has facilities and operations in more than one country. The management and ownership of a multinational corporation is usually dispersed across several countries, and it often has stockholders from many countries as well.
Multinational corporations play a significant role in the global economy and are responsible for a large portion of international trade and investment. They often have significant economic and political power and influence, and they can have a significant impact on the economies of the countries in which they operate.
Some of the benefits of multinational corporations include access to new markets, access to resources, lower labor costs, and improved economies of scale. However, they can also face challenges such as cultural differences, language barriers, political instability, and varying regulations and taxes in different countries.
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the cpi was 238 in one year and 244 the following year. how much did prices rise between these two years?
The cpi was 238 in one year and 244 the following year. The prices rise between these two years 2.52 percent.
What quillet is used when the CPI rises from one year to the next?Due to the fact that it offers a standard valuation that enables us to compare economies, GDP uses the market value of goods and services. Inflation occurs when the CPI rises from one year to the next.
What is the CPI quizlet's formula?the value of the fixed basket bought by the typical customer divided by the value of the basket in the base year by a factor of 100.
Which of the following formulas is the right way to figure out the consumer price index?The BLS states that the following formula is used to determine the CPI: CPI is calculated by multiplying the market basket cost in a given year by its cost in the base year by 100%.
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it takes $1200$ workers $8$ years to build $3$ ziggurats. how many years would it take $1600$ workers to build $25$ ziggurats?
It takes $1200 workers 8 years to build a $3 Ziggurat.50 years will it take $1,600 workers to build a $25 ziggurat? The answer is 50.
The effort it takes to make a ziggurat is 1/3 of the effort it takes to make a ziggurat. So if a worker can build a ziggurat in years, a worker can build a ziggurat in years. If the workers were to build the ziggurat themselves, they would have to contribute many times the work. This is how workers build ziggurats over the years. For workers, it can happen very quickly. Workers can thus build a ziggurat in a few years. After all, it takes longer to build a ziggurat than it does to build a ziggurat. Thus a worker he can build a ziggurat in 50 years.
After all, building a ziggurat takes just as much work as building a ziggurat. Thus a worker he can build a ziggurat in 50 years.
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if a company uses 1540 of its cash to purchase supplies the effect on the accounting equation would be
If a company uses $1,540 of its cash to purchase supplies, the effect on the accounting equation would be; a $1,540 gain in one asset and a $1,540 drop in another asset have no impact.
The purchase of goods decreased the cash balance and increased the current asset, both of which are components of the balance sheet's total assets. The utilisation of office supplies will reduce an asset when you are dealing with them as a current asset. The owner's equity will also decline because they were purchased in cash, which means no liabilities were committed. The equity of the owners will also be depleted during the accounting period as a result of the office supplies being used up as an expense during that time.
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assume ceo khosrowshahi decides to implement policies that he believes are based on fundamental rights for all riders. which of the approaches to deciding ethical dilemmas would this align with?
If the CEO, Khosrowshahi, is implementing policies based on fundamental rights for all riders, this aligns with a deontological approach to ethical decision making.
Deontology is a philosophical approach that argues that ethical rules and duties should be followed regardless of their outcomes. In this approach, certain actions are considered morally required, regardless of the consequences, because they are based on universal principles such as respect for human rights and dignity. Thus, Khosrowshahi's approach, which is based on fundamental rights for all riders, aligns with the deontological approach to ethical dilemmas.
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analyze the following journal entry. what is the transaction that required this entry?
Issue stock to investors is the transaction that required this entry. Thus option D is correct.
What is a journal entry?A journal entry was the one that will be recorded the transaction. There will be a debit and the credit balance will be provided. There was a cause with the transactions weather cash is involved or not.
When possession of stock transfers, a stock transaction takes place. Different kinds of shares traded exist. A backorder instructs your trading company to purchase or sell a specific amount of stocks.
Therefore, option D is the correct option.
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The question is incomplete, the complete question will be :
Analyze the following journal entry. What is the transaction that required this entry?
a. Record income for the period
b. Borrow from the bank
c. Perform services on account
d. Issue stock to investors
true or false collaborative planning forecasting and replenishment (cpfr) creates the bullwhip effect through the sharing of plans forecasts and delivery schedules in an effort to ensure a smooth flow of goods and services across a supply chain
The given statement "CPFR creates the bullwhip effect through the sharing of plans forecasts and delivery schedules" is False because, it is actually designed to reduce the bullwhip effect.
Collaborative Planning Forecasting and Replenishment (CPFR) aims to reduce the bullwhip effect by improving communication and coordination between supply chain partners. By sharing plans, forecasts, and delivery schedules, supply chain partners can work together to identify potential issues and make adjustments to improve the flow.
However, if not properly managed, CPFR can also contribute to the bullwhip effect by amplifying small variations in demand at one stage of the supply chain into larger variations as the information is passed along the supply chain.
Therefore, it's important to implement CPFR in a way that takes into account the potential for the bullwhip effect and works to minimize it.
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customers, employees, suppliers, communities, and environmental and human rights advocates are all stakeholders which a company might have a corporate_____to serve
Customers, employees, suppliers, communities, and environmental and human rights advocates are all stakeholders which a company might have a corporate responsibility to serve.
Customers are one of the most important stakeholders for a company. They are the source of a company's revenue and play a critical role in determining a company's success. A company has a corporate responsibility to provide high-quality products and services to its customers, ensure their satisfaction, and protect their privacy and security.
Employees are another important stakeholder for a company. They are responsible for the day-to-day operations of a company and play a critical role in its success. A responsible company has a corporate responsibility to provide a safe and healthy working environment, fair compensation, and opportunities for personal and professional growth.
Suppliers are also essential stakeholders for a company. They provide the raw materials and components necessary for a company to manufacture its products and deliver its services. A responsible company has a corporate responsibility to treat its suppliers fairly, ensure they receive timely payment and adhere to ethical sourcing practices.
Communities are vital stakeholders for a company. They provide the physical and social infrastructure necessary for a company to operate. A responsible company has a corporate responsibility to be a good corporate citizen, support the local community, and give back through charitable initiatives.
Finally, environmental and human rights advocates are stakeholders that a company should consider. A responsible company has a corporate responsibility to reduce its environmental impact, use sustainable practices, and respect human rights in all aspects of its operations.
In conclusion, stakeholders are an essential part of a company's success and should be considered when making business decisions. Customers, employees, suppliers, communities, and environmental and human rights advocates are all stakeholders that a company might have a corporate responsibility to serve.
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which model of corporate governance is founded in classic economic precepts? question 13 options: economic shareholder stakeholder board iso
The main model of corporate governance founded in classic economic precepts is the a)Economic Model or the Shareholder Model.
This model is based on the idea that a corporation's main goal is to maximize shareholder wealth, and that this goal can be achieved through maximizing profits.
This model views shareholders as owners of the corporation and the board of directors as their agents, with the primary responsibility to ensure that the corporation operates in a manner that generates profits and increases the value of their shares.
The role of the board of directors is to ensure that the corporation operates efficiently and effectively, and to hire and oversee the management team. The decisions made by the board should be guided by the principle of maximizing shareholder wealth.
This model of corporate governance is based on the classical economic theory that markets are efficient and self-regulating and that the pursuit of profit will lead to the best outcomes for society as a whole.
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The products that merchandising companies sell to their customers are called merchandise:_________
The products that merchandising companies sell to their customers are called merchandise inventory.
Selling items, or merchandise, is the function of a merchandising company. Retail clothes, supermarkets, and bookstores are a few examples of merchandising enterprises. While some companies manufacture the products they sell, other companies in the merchandise industry acquire wholesale and resell the products. Or it might be both of the above.
In addition to the typical operational costs that any business faces, a company that creates the products it sells also incurs production costs, such as the cost of new materials and labor used in the manufacturing process.
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a firm's current profits are $1,200,000. these profits are expected to grow indefinitely at a constant annual rate of 4.5 percent. if the firm's opportunity cost of funds is 7 percent, determine the value of the firm:
The value of a firm can be estimated using the perpetuity formula, which calculates the present value of an infinite stream of constant cash flows.
A perpetuity is a financial security or investment that pays a constant and ongoing stream of cash flows indefinitely into the future. The formula for a perpetuity is:
Value = Profit / (Opportunity Cost of Funds - Growth Rate)
In this case, the profit is $1,200,000 and the opportunity cost of funds is 7 percent, so the growth rate is 4.5 percent. Plugging these numbers into the formula:
Value = $1,200,000 / (0.07 - 0.045) = $1,200,000 / 0.0255 = 47,058,823.53
Therefore, the value of the firm would be estimated to be $47,058,823.53, assuming constant and indefinite growth at a rate of 4.5 percent and an opportunity cost of funds of 7 percent. The most common example of a perpetuity is a government bond with a constant coupon payment, although perpetuities can also refer to stocks that pay constant dividends. The value of a perpetuity is determined by discounting the future cash flows to the present using a discount rate, which represents the opportunity cost of funds. It's important to note that while a perpetuity may seem like an attractive investment, it can be challenging to find a perpetuity that pays a high enough return to compensate for the risk of investing in a security that will pay a constant cash flow forever. Additionally, most real-world investments do not have an infinite lifespan, so perpetuities are often used as a theoretical construct rather than a practical investment opportunity.
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at del frisco's steakhouse, steaks run from about $42 to $89 whereas at outback steakhouse they run from about $12 to $27. what characteristics would del frisco's look for in a trade area for a new location? how would those characteristics change for outback?
The area where 80–85% of your consumers travel to spend money in your town is known as the retail trade area.
The geographical area that the remaining members of your customer base reside in is referred to as a secondary retail trade area. Typically, the population of your retail trade areas will be much larger than the population of your community as determined by the U.S. Census Bureau and other research organisations. To present your full retail potential to retailers, it is crucial that you have the most current and correct Retail Trade Area assessment.
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a company has $1,357 in inventory, $4,800 in net fixed assets, $646 in accounts receivable, $286 in cash, $602 in accounts payable, $1,004 in long-term debt, and $5,395 in equity. what are the company's total assets?
$8,093 will be the company's total assets at which $1,357 in inventory, $4,800 in net fixed assets.
given data:
company inventory = $1,357
net fixed assets = $4,800
accounts receivable = $646
cash in hand = $286
accounts payable = $602
long-term debt = $1,004
equity = $5,395
The company's total assets can be calculated by adding up all of its individual asset categories. To find the total assets, you would add:
= $1,357 (inventory) + $4,800 (net fixed assets) + $646 (accounts receivable) + $286 (cash)
= $7,089
This gives us the current assets. To find the total assets, we also need to include long-term assets, which in this case would be:
$7,089 (current assets) + $1,004 (long-term debt) = $8,093
So the total assets of the company are $8,093.
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property management systems are designed to assist front office employees in performing functions related to which tasks? group of answer choices meeting schedules reservations, rooms, and guest management restaurant reservations valet parking availability
First option is correct. Hotel Property Management System "PMS" is a suite of solutions used by hoteliers to manage day-to-day hotel activities such as reservations, reception, housekeeping, maintenance, billing and billing, analytics and reporting.
Today, PMS capabilities extend beyond core functions such as room inventory, reservations, housekeeping, and room allocation to all areas of hotel management . You can now schedule preventative maintenance, create housekeeping maid sheets, and even manage meeting rooms, meeting rooms, and ballrooms.
Another area where PMS has made great strides is in the area of integration. Open APIs enable tech startups, software developers, and even established giants to create convenient, innovative technologies that hotels can access with a single click. Integration with third-party technologies such as channel managers, POS systems, payment gateways (VISA, Master Card, etc.) and accounting systems give you the opportunity to choose the right technology for your hotel business needs.
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during his most recent trip to mexico, gerard was able to purchase 15 mexican pesos for each american dollar he had. this transaction is an example of .
The answer is currency manipulation, his conversion of 15 Mexican pesos for each American dollar he had. this transaction is an example of currency manipulation.
What Does the Term "Currency" Mean?Commodities and services can be exchanged using money. Currency is defined as a unit of account that is issued by a government and is accepted at face value. When bartering, products and services were directly exchanged for one another.
Do dollars count as money?The official money of the United States of America is the USD (United States dollar). One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.
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the attempt to lead through earning respect and trust by being genuine describes what leadership style?
This leadership style is known as the transformational leadership.
What is transformational leadership?Transformational leadership is a leadership style where leaders inspire and motivate their followers to achieve a common goal. This type of leadership is focused on creating positive change by inspiring and developing the personal and professional growth of team members. Transformational leaders use a combination of charisma, enthusiasm, and visionary thinking to create a sense of purpose and drive within their followers. They are also known for their strong communication skills, empathy, and the ability to bring out the best in people. The ultimate aim of transformational leadership is to inspire followers to exceed their own expectations and achieve great things.
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among the elderly, which group is most likely to experience poor health, isolation, and economic insecurity?
Option a is Correct. The elderly who are young and healthy, economically independent and actively engaged are more likely to be independent.
Agents of socialization are individuals, teams, organizations, and social environments that influence how we become socialized. A variety of socialization agents come into our lives as we progress through life.
The family may be the most significant socialization factor for kids. Daughters' and sons' values and behavioural tendencies are greatly influenced by their parents.
The child's close, personal, and intimate face-to-face relationships with the individuals in their life serve as the foundation for their primary socialization. The majority of people build their first close bonds with their parents, siblings, grandparents, and other family members.
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Correct Question:
Among the elderly, which group is most likely to be independent in terms of economic, healthy, and actively engaged?
a. young old
b. old old
c. middle old
d. oldest old
a client has disposed of several pieces of manufacturing equipment at a significant gain. this raises question as to which assertion in regard to property, plant, and equipment?
The disposal of manufacturing equipment at a significant gain raises questions about the accuracy of the property, plant, and equipment (PPE) account in the client's financial statements.
The PPE account is a balance sheet item that includes tangible long-lived assets used in the production of goods or the delivery of services. These assets include manufacturing equipment, buildings, and land. The disposal of equipment at a gain raises questions about the accuracy of the original cost of the equipment and the depreciation expense recorded on it.
The accuracy of the PPE account is a critical component of the financial statements, as it affects the measurement of a company's assets, liabilities, and equity. Inaccuracies in the PPE account can result in incorrect financial ratios, overstated earnings, and a misleading picture of the company's financial health.
Therefore, the disposal of equipment at a gain should prompt the client to review the accuracy of the PPE account, including the original cost, accumulated depreciation, and current value of the remaining assets. This can help ensure that the financial statements accurately reflect the company's financial position and performance.
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new-product strategy development calls for ingenius co. to develop a battery recycler for the business market. which is the most likely stage of the new-product process in which manufacturing issues regarding the new product become an especially important element?
Development is the most likely stage of the new-product process in which manufacturing issues regarding the new product become an especially important element.
Business development can be summed up as the plans, actions, and pursuits that contribute to the improvement of an organization. This entails raising sales, expanding the business, improving profitability through forming strategic alliances, and making company's strategic choices. Business organizations frequently use the impressive job titles Business Development Executive, Manager of Business Development, and VP, Business Development. The domains of revenue, strategic initiatives, business relationships, market development, corporate expansion, and marketing are all engaged in business development, but they are sometimes confused and incorrectly thought to be its exclusive purpose. Marketing, sales, product development, product management, vendor management, and other divisions are all involved in business development.
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Which strategy requires a high level of understanding of what consumers value? a. Leadership Focus b. Cost-Leadership ences c. Focused-Differentiation d. Cost-Focus e. Differentiation
Option C. Focused-Differentiation. This strategy requires a high level of understanding of what consumers value because it involves offering unique and valuable products or services that appeal to a specific, targeted group of consumers.
By understanding what consumers in this target market value, a company can tailor its offerings and differentiate itself from competitors, thereby appealing to customers' specific needs and preferences.
Focused-Differentiation is a market strategy that involves offering unique and valuable products or services to a narrow, well-defined segment of consumers. This strategy is often used by companies that want to differentiate themselves from competitors and establish a strong brand image. To be successful with this strategy, companies need to have a deep understanding of the values, needs, and preferences of the target market.
For example, a luxury car manufacturer might use focused-differentiation by creating high-end vehicles that appeal to a specific, affluent segment of consumers. These consumers may value exclusivity, performance, and luxury, and are willing to pay a premium for these attributes. By offering vehicles that are designed with these specific values in mind, the car manufacturer can differentiate itself from other luxury car brands and attract a loyal customer base.
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Suppose that when the average family income rises from $30,000 per year to $40,000 per year, the average family’s purchases of toilet paper rise from 100 rolls to 105 rolls per year.a. Calculate the income elasticity of demand for toilet paper.b. How do you know? What does the magnitude of this number tell you about the income elasticity of toilet paper?
a. The income elasticity of demand for toilet paper is 17. b. Toilet paper is a normal good. c. The demand for toilet paper is income-inelastic.
Income elasticity of demand= [tex]\frac{Q2-Q1}{Q2+Q1}[/tex]×[tex]\frac{m2-m1}{m2+m1}[/tex] = 5/205×1000/7000= 0.17
Earnings are difficult to outline conceptually and the definition can be extraordinary for the duration of fields. for instance, a person's income in a financial experience may be unique from their income as described with the resource of the regulation.
A very essential definition of income is Haig–Simons earnings, which defines earnings as intake + trade-in internet truly worth and is widely applied in economics. For households and individuals within America, income is defined with the useful resource of tax law as a sum that consists of any earnings, earnings, profit, interest rate, rent, or some other shape of earnings acquired in a calendar year. Discretionary earnings are frequently described as gross profits minus taxes and special deductions (e.g., compulsory pension contributions), and are broadly used as a basis to take a look at the welfare of taxpayers.
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FILL IN THE BLANK. Differences in ______ explain why interest rates on Treasury securities are not all the same. A) risk. B) liquidity. C) time to maturity. D) tax characteristics.
"Differences in ___time to maturity___ explain why interest rates on Treasury securities are not all the same". Option C
Interest rates on Treasury securities vary according to the length of time until the securities mature. This relationship between interest rates and time to maturity is known as "yield curve."
Generally, longer-term Treasury securities have higher interest rates than shorter-term securities. This is because investors demand a higher rate of return for holding longer-term securities due to the increased risk associated with a longer holding period.
For example, if an investor purchases a 10-year Treasury bond, they are committing to holding the bond for a longer period of time than if they purchased a 1-year Treasury bill. The 10-year bond is subject to more uncertainty and risks over a longer period of time, such as inflation.
While risk, liquidity, and tax characteristics can also affect the demand for Treasury securities and their interest rates, time to maturity is the primary factor that explains why interest rates on Treasury securities are not all the same.
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when a toothpaste manufacturer divides the marketplace into smaller targets based on benefits sought by consumers, this is an example of market blank . multiple choice question. targeting satisfaction needs segmentation
Option 4 is correct. When a toothpaste manufacturer divides the marketplace into smaller targets based on benefits sought by the consumer, this is an example of market segmentation
Market segmentation is a showcasing term that alludes to conglomerating forthcoming purchasers into gatherings or portions with normal necessities and who answer much the same way to a promoting activity. Market division empowers organizations to target various classifications of buyers who see the full worth of specific items and administrations uniquely in contrast to each other.
Organizations can for the most part utilize three standards to distinguish different market portions:
Homogeneity, or normal requirements inside a portionDistinction, or being interesting from different gatheringsResponse, or a comparable reaction to the marketKnow more about Market segmentation - https://brainly.com/question/14315539
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Complete Question -
when a toothpaste manufacturer divides the marketplace into smaller targets based on benefits sought by consumers, this is an example of market ____
multiple choice question.
1. targeting
2. satisfaction
3. needs
4. segmentation
No one at zappos has private offices. instead of cubicles, they have a free-flowing layout that they believe encourages collaboration. this is an example of how zappos is using ________ to build organizational culture.
No one at zappos has private offices. instead of cubicles, they have a free-flowing layout that they believe encourages collaboration. this is an example of how zappos is using organizational goals.
What are organizational goals?Organizational goals are strategic objectives that the management of a company sets in order to describe anticipated results and direct employees' efforts.
The intended results of a business's efforts are called goals. The majority of goals consist of well-defined, timed tasks. In general, reaching a goal entails achieving a number of different objectives.
As a result, objectives might be seen as components of goals. While goals are frequently repeated over time, objectives are usually more focused and completed once, as opposed to being repeated.
At higher organizational levels, goals and objectives typically have a greater scope. At lower levels of the organizational hierarchy, they become more precise, limited, and time-specific.
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If production involves constant opportunity cost, the production possibilities curve. A. Is "bowed inward." B. Is a straight line. C. Is "bowed outward."
If production involves constant opportunity cost, the production possibilities curve is bowed outward i.e. Option C
The production possibilities curve (PPC) is a graphical representation of the maximum combinations of two goods that can be produced with a given set of resources and technology. If there is a constant opportunity cost of production, then the PPC will be bowed outward, reflecting the increasing opportunity cost of producing more of one good and less of the other.
In other words, as a country or an individual increases the production of one good, they will have to give up more and more of the production of the other good, resulting in an increasing opportunity cost. This increasing opportunity cost is reflected in the bowed-out shape of the PPC.
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the beginning balance in acme's accounts payable was $4,000. acme then bought $100 of supplies on account and paid $700 of the amount that it owed for supplies purchased on account last month. the ending balance in acme's accounts payable was a credit of .
The beginning balance in Acme's Accounts Payable was $4,000. Acme then bought $100 of supplies on account and paid $700 of the amount that it owed for supplies purchased on account last month. The ending balance in Acme's Accounts Payable was a credit of $3,400.
The balance that is brought forward from the end of one accounting period to the beginning of a new accounting period is called the opening balance. The opening balances are the funds in a company's accounts at the start of a new financial period. The first entry in a company's accounts, either at the start of a new financial year or when it first starts, is the beginning balance. Depending on whether the business has a positive or negative balance, the opening balance can be found on the credit or debit side of the ledger. The beginning balance can be found on the opening balance sheet at the beginning of a financial plan. The end balance sheet data from the previous accounting period serve as the basis for an operating company's beginning balance data on the opening balance sheet. The initial balance sheet of a new business typically contains only two accounts: one is the cash on hand and one is the capital that the company's founders contributed.
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The beginning balance in Acme's Accounts Payable was $4,000. Acme then bought $100 of supplies on account and paid $700 of the amount that it owed for supplies purchased on account last month. The ending balance in Acme's Accounts Payable was a credit of ________.
a. $2,500
b. $4,600
c. $4,700
d. $4,000
e. $3,400
a company purchases merchandise for $21,500. the seller also offers credit terms of 2/10, n/30. assuming no returns were made, and that payment was made within the discount period, what is the net cost of the merchandise?
The item's net cost, assuming no refunds were filed and that payment was received during the promotional period, is $13,695.5.
What is the asset's net cost?Net book value, also referred to as net asset value, is the price at which a company records an asset on its balance sheet. It is calculated by deducting depreciation expense, cumulative amortization, accumulated deterioration, or accumulated impairment from the asset's original cost.
The amount paid for a product or service after all applicable taxes, fees, and discounts have been subtracted is referred to as the net price. The net price represents the cost to the customer.
Catalog Price = $21,500
Trade Discount = 35 %
Credit Term 2/10, n/30
Purchase Price = $21,500 - $21,500 x 35%= $21,500 - 7,525= $13,975
$13,975 x 2% = $279.5
Net Cost= $13,975 - $279.5= $ 13,695.5
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using the weighted-average method, the total cost of the ending work in process inventory with respect to materials is closest to:
The weighted average method is a cost allocation method used to determine the cost of goods sold and the ending inventory balance for the period.
Under this method, the average cost of all units purchased during the period is calculated and applied to the cost of the ending inventory. This cost is then allocated to the materials, labor, and overhead costs associated with the ending inventory.
The total cost of the ending work in process inventory with respect to materials is calculated by multiplying the average cost of the materials used during the period by the number of units in the ending inventory. This cost is then allocated to the materials portion of the ending inventory. This calculation should take into account any discounts, taxes, and other costs associated with the materials used in the period.
The weighted average method is an important cost allocation tool used to accurately calculate and report the total cost of the ending work in process inventory. This method ensures that the costs of materials, labor, and overhead are correctly attributed to the ending inventory and that the resulting cost figure is accurate and up to date.
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which expression will not compute 10% of the balance due if balance due is the invoice total minus the credit total minus the payment total?
Invoice total - credit total - payment total / 10 will not compute 10% of the balance due if balance due is the invoice total minus the credit total minus the amount payment total. In queries where all the data is included in a single table.
The name of the table from which to extract rows is specified in the FROM clause. It will be used to fetch rows from other tables in other articles. Your bill will display a credit balance if the sum of your credits exceeds the amount you owe. The card issuer owes you this sum of money. You can get in touch with your card's issuer and ask them to send you a check for the credit balance.
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