The General Agreement on Tariffs and Trade (GATT) is a thorough, multilateral trading system created to achieve international trade without distortions through the reduction of tariffs and elimination of artificial trade obstacles.
What did the General Agreement on Tariffs and Trade (GATT) stand for and what did it accomplish?The GATT aimed to "significantly decrease tariffs and other trade impediments and eliminate favoritism, on a reciprocal and mutually advantageous basis" in order to assist in the recovery of the economy following World War II. Despite the fact that the GATT is an official contract, it runs like a company.
What purpose did the GATT agreement serve?The GATT was created in 1948 to supervise international trade. To speed the post-World War II economic recovery, it was intended to lessen or eliminate trade restrictions including quotas and subsidies.
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Which of the following is not a production management tool used in planning and designing manufacturing process flow?
Control charts
Route sheets
Assembly charts
Process flow charts
Control charts are not a production management tool used in planning and designing manufacturing process flow, the rest of the tools are used.
A graph used to examine how a process evolves over time is the control chart. Data are plotted according to time. An average line in the middle, an upper line for the upper control limit, and a lower line for the lower control limit are always present on a control chart. These curves were created using historical data.
A route sheet is a document that outlines the precise steps that must be taken to complete the task. The route sheet is meant to travel with the parts as they are moved either individually or in groups.
Assembly charts is a schematic diagrams outlining the assembly process, parts placement, and overall product layout.
The process flow chart is a picture showing the order and structure of steps in a process. In quality improvement, there are two different kinds of flow charts used.
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which of the following items is a permanent difference between taxable and financial accounting income? group of answer choices
Dividends received deduction represents a stable distinction between taxable and book income.
How much of the dividends you earned are deductible?A US corporation may normally deduct 50% of dividends from other US companies in determining its taxable income. The dividends received deduction (DRD) is increased from 50% to 65% if the dividend distribution recipient owns at least 20% but not more than 80% of the distributing corporation.
Which of the following best exemplifies how taxable and financial income continue to differ?An example of a long-lasting change is when a firm is fined. In book accounting, fines are often deducted from income, although tax laws very infrequently allow for a fine-related tax deduction. There will be a continual difference, causing the statutory tax rate and the effective tax rate to differ.
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Ryan & Ryan, CPA's is a full-service accounting firm that provides attest and nonattest services to a diverse group of clients. Willard, the managing partner, has decided that it would be a good financial move for the firm to buy a building, utilize a portion of the building for its own use, and lease the rest of the building to third parties. The other partners of the firm voted to accept Willard's proposal and on February 25, 20X6 the firm purchased a building for the aforementioned purposes. In which of the following situations would the firm's independence be impaired? A) The firm leases a portion of the building to an audit client at a rate that is 50% of the current market rate and the rate that the firm charges to non-client tenants. B) The firm leases a portion of the building to an audit client and allows the audit client to pay rent on the basis of the attest client's ability to pay. All other tenants must pay monthly as is typical for a commercial lease. C) Both a. and b. would impair independence D) Neither a. nor b. would impair independence E) All business relationships with an audit client would impair independence.
The correct option is C. Both a. and b. would impair independence.
The company leases a portion of the building to an audit consumer at a rate this is 50% of the cutting-edge marketplace rate and the charge that the company charges to non-patron tenants.The company leases a part of the construction to an audit patron and allows the audit purchaser to pay rent on the basis of the attest patron's capability to pay. All other tenants must pay month-to-month as is typical for a business lease.An account is a particular document within an organization's financial ledger or stability sheet. Accountants, finance specialists, and bookkeepers can use debts to document vital monetary statistics, like reporting daily transactions to affirm the exact amount of money an enterprise has at any moment.
In accounting, an account is a document inside the well-known ledger this is used to type and keep transactions. for example, companies may have an account of a coin wherein to file each transaction that will increase or decreases the company's coins. fundamental accounting principles used inside the commercial enterprise global cowl sales, charges, assets, and liabilities. those elements are tracked and recorded in files which include stability sheets, earnings statements, and cash float statements.
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Which of the following is the term for multiple occurrences of an entity? For example, the grouping of all employees at our company.
If there is a one-to-many relationship between two entities, add the key of the entity on the “one” side (the parent) into the toddler desk as a foreign key.
Which time period can be described as the duplication of statistics and storing statistics in more than one locations?Data redundancy occurs when the identical piece of statistics is stored in two or greater separate places and is a common incidence in many businesses.
They're additionally referred to as independent entities. The principal key helps to discover each entity uniquely and they're a rectangle in most entity-relationship diagrams. The distinction between a strong entity kind and a susceptible entity kind is whether they rely on every other relationship.
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https://brainly.com/question/13437795#SPJ4The Sarbanes-Oxley Act set up the Public Company Accounting Oversight Board with the responsibility for all of the following exceptA) internal controls within companies.B) controlling the quality of audits.C) certifying the competence of financial executives.D) setting rules and standards for the independence of auditors.
The Sarbanes- Oxley Act (PCAOB) presents guidelines and regulations for the independence of auditor and compliance with requirements on auditing.
It helps in controlling the best audit and therefore, certifying the competence of executives is now not a duty of SOX. Hence, announcement C is correct.
What is the Sarbanes-Oxley Act responsible for?The Sarbanes-Oxley Act of 2002 is a federal regulation that established sweeping auditing and economic rules for public companies. Lawmakers created the legislation to help protect shareholders, personnel and the public from accounting blunders and fraudulent monetary practices.
The United States Public Company Accounting Oversight Board (PCAOB) is a private-sector, non-profit corporation, created through the Sarbanes-Oxley Act of 2002, to oversee the auditors of public corporations in order to guard the interests of traders and in addition the public activity in the coaching of informative
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Which fabric from an animal source is a warm natural fiber that is wrinkle-resistant and likely to shrink with the heat of the dryer?
- wool
- cotton
- hemp
Wool is the fabric from an animal source is a warm natural fibre that is wrinkle-resistant and likely to shrink with the heat of the dryer. Hence, option A is correct.
What is Wool is the fabric from an animal source is a warm natural fibre?Wool is a fabric made from an animal's fur. Wool is mostly produced by sheep, though fibre from the hair of other species, including goats, alpacas, and rabbits, may sometimes be referred to as wool.
The natural fibres that can be obtained from animals are called animal fibres. These fibres are often composed of many protein types. The two most well-known types of animal fibres are silk and wool. It is crucial to remember that animal fibres from various animals typically have distinct characteristics.
Thus, option A is correct.
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Which of the following statements best supports the claim that greater uniformity replacesdiversity in the context of global markets?A.Differences in business systems and legal regulations lead companies to customize theirmarketing strategies, product features, and operating practices to best match conditions ina particular country.B.As rival global firms follow each other across countries, they bring with them their brandnames, products, and marketing strategies from other national markets, thus creatinghomogeneity across markets.C.Truly innovative companies succeed by developing products that serve specific needs ofthe local markets.D.The volume of goods, services, and investment crossing national borders has expanded ata slower rate than world output for more than half a century.E.The most global of markets are not typically markets for consumer products, as significantdifferences in consumer tastes and preferences still exist among national markets.
Out of the following statements the best supports the claim that greater uniformity replaces diversity in the context of global markets is B. As rival global firms follow each other across countries, they bring with them their brand names, products, and marketing strategies from other national markets, thus creating homogeneity across markets.
The statement supports it because as the global firms follow each other countries, they bring with them their brand names, products, and marketing strategies from the other national market which creates homogeneity across the market.
As it also leads to more uniformity as opposed to the diversity, it suggests that the diversity is replaced by uniformity as the global firms are following each other across countries.
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According to the Big Five Model, a person who scores low on the openness to experience dimension tends to be nervous, anxious, depressed, and insecure.
a. True
b. False
The assertion is valid. Under the Big Five model, individuals with a low degree of openness experience more nervousness and anxiety.
Numerous contemporary personality analysts accept that there are five fundamental components of personality, frequently alluded to as the "Big 5" personality traits. These five essential personality traits are extraversion (likewise frequently spelled extroversion), suitability, openness, principles, and neuroticism.
Extraversion is amiability, suitability is consideration, openness is imagination and interest, scruples is mindfulness, and neuroticism frequently includes pity or profound unsteadiness.
Understanding what every personality characteristic is and scoring high or low in that quality can give you knowledge into your own personality — without taking a personality traits test.
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Which of the following statements does not represent a market failure, a situation in which the pursuit of profit will not result in a net increase in consumer satisfaction?
Situations in which externalities have been internalized result in an equilibrium in the exchange price between true costs and benefits.
The pursuit of individual self-interest results in a worse outcome than would have occurred had the behavior of the parties involved in the economic exchange been coordinated through cooperation or regulation rather than mere competition.
The costs of pollution, groundwater contamination and depletion, soil erosion, and nuclear waste disposal are borne by parties external to the economic exchange between buyer and seller.
Where there is no mechanism for pricing, for setting a value on public goods, there is no guarantee that the markets will result in the optimal satisfaction of the public interest in regard to public goods.
An efficient allocation of resources as the market is taking into account the true costs and benefits of the exchange.
Market failure is a situation where the market fails to allocate resources efficiently and leads to a situation where the pursuit of profit does not result in a net increase in consumer satisfaction.
The market fails when the pursuit of individual self-interest results in a worse outcome than would have occurred if the behavior of the parties involved in the economic exchange was coordinated through cooperation or regulation.
A) Situations in which externalities have been internalized result in an equilibrium in the exchange price between true costs and benefits:
This statement represents a situation where the market is working efficiently.
In this situation, the market has taken into account the external costs and benefits of a particular economic exchange and has reflected them in the price of the goods or services being exchanged.
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a company that manufactures pet toys calculates that its costs and revenue can be modeled by the equationsC = 75,000 + 1.65x and R = 500x - x^2/25where x is in the number of toys produced in 1 week. Production during one particular week is 5000 toys and is increasing at a rate of 350 toys per week. Find the rate at which the cost, revenue, and profit are changing. (a) cost dc/dt= ___ dollars/week (b) revenue dr/dt = ___ dollars/week (c) profit dP/dt = ___ dollars/week
(a) Cost dc/dt= _577.5__ dollars/week
(b) Revenue dr/dt = _35000__ dollars/week
(c) Profit dP/dt = _34422.5__ dollars/week
C=75000+1.65x
find derivative with respect to 't'
[tex]\frac{dC}{dt}=0+1.65\frac{dx}{dt}[/tex]
now, we will plug[tex]\frac{dx}{dt}=350[/tex]
and we get
[tex]\frac{dC}{dt}=0+1.65*350\\\frac{dC}{dt}=577.5[/tex]dollars/week
B). Revenue:
we are given
R=[tex]500x-\frac{x^2}{25}[/tex]
find derivative with respect to 't'
[tex]\frac{dR}{dt}=500\frac{dx}{dt}-\frac{2x}{25}\frac{dx}{dt}[/tex]
now, we will plug
[tex]\frac{dx}{dt}=350 and x=5000[/tex]
and we get
[tex]\frac{dR}{dt}=500*350-\frac{2*5000}{25}*350\frac{dR}{dt}=175000-140000\frac{dR}{dt}=35000[/tex]dollars/week
(C)profit
We know that profit =revenue -cost
P=R-C
find derivatives on both sides
we get
[tex]\frac{dP}{dt}=\frac{dR}{dt}-\frac{dC}{dt}[/tex]
now, we can plugs which we got
[tex]\frac{dP}{dt}=35000-577.5\frac{dP}{dt}=34422.5[/tex]dollars /week
Production is the technique of mixing diverse inputs, each cloth (which includes metallic, wood, glass, or plastics) and immaterial (consisting of plans, or expertise) as a way to create output. ideally, this output may be a great carrier that has value and contributes to the software of individuals.
Basically, it just way a manufacturing manner or the cease end result of a manufacturing procedure. Economists call companies that produce goods manufacturers. those agencies create merchandise to sell to their customers. as example, an apparel organization produces apparel for purchasers. manufacturing is the method of producing goods and services to fulfill human wishes. The product is the result of the system. The four factors of production are land, capital, labor, and employer.
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On September 1, Taggert Company paid $1,800 for a 6-month insurance premium beginning September 1. Which of the following statements are correct regarding the accounting for this insurance over the six-month period? (Check all that apply.) a. Taggert will credit Prepaid Insurance for $300 on Sept. 30. b. Taggert will debit Insurance Expense for $300 on Sept. 30. c. Taggert will debit Instrance Expense for $1,800 on Sept. 1. O d. Taggert will debit Prepaid Insurance for $1,500 on Sept. 30. e. Taggert will debit Prepaid Insurance for $1,800 on Sept. 1.
Options (A), (D), and (E) are the statements that apply to the accounting for this insurance for the six-month period that is accurate.
A company's balance sheet's first part includes an account for current assets called prepaid insurance. At the conclusion of each accounting period, its balance is revised to ensure that the insurance expense is recorded at the appropriate timeframe.
a. On December 31, Taggert will credit Prepaid Insurance with $300.
This is true because the expired expense needs to be recognized by processing an adjustment entry. The credit entry will result in a reduction of the Prepaid Insurance debt.
d. On December 31, Taggert will deduct $300 from the Insurance Expense account.
That's accurate. It is necessary to recognize the monthly cost of insurance.
e. On December 1, e. Taggert will charge Prepaid Insurance $1,800.
Additionally true is this. The existing asset is deducted at the time the policy is bought.
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which of the following statements about hedging is (are) true? i.hedging is a form of risk transfer.; ii.hedging is used to address the risk of unfavorable price fluctuations.
Hedging is a form of risk transfer and is used to address the risk of unfavorable price fluctuations. So, option C is correct answer.
i. Hedging is a financial strategy used to manage and reduce the risk of unfavorable price movements in an asset, commodity, or currency. By using a variety of financial instruments, such as options or futures contracts, hedging allows investors to transfer the risk associated with price movements from themselves to another party.
ii.Hedging is used to address the risk of unfavorable price fluctuations in an asset, commodity, or currency. By locking in a price for an asset, commodity, or currency, hedging can protect against the risk of price movements that could result in a loss.
This can help to reduce the impact of price volatility on an investment portfolio and help to ensure more stable returns over time. In summary, both statements are true and accurately describe the purpose and use of hedging as a risk management strategy.
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Complete question is:
Which of the following statements about hedging is (are) true?
i. hedging is a form of risk transfer.
ii. hedging is used to address the risk of unfavorable price fluctuations.
A. i only
B. ii only
C. both i and ii
D. neither i nor ii
Which of the following team members are involved in transporting goods directly to customers?
The logistics/ delivery personnel are the ones that have to be involved in transporting goods directly to customers.
What is meant by transportation of goods?The team members involved in transporting goods directly to customers are typically the delivery personnel or drivers. They are responsible for physically moving the goods from the warehouse or storage facility to the customer's location, ensuring that the items are delivered safely and on time.
The delivery personnel may also be responsible for obtaining signatures, providing invoices, and handling any issues or questions that arise during the delivery process. This team member plays a critical role in the final step of the supply chain, ensuring that the customer receives the goods they ordered in a timely and satisfactory manner.
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Answer:
ccoworkers
Explanation:
Puffy Popcorn uses television commercials and radio ads to promote its popcorn. This is an example of what type of advertising medium?
Question 9 options:
print media
outdoor media
broadcast media
online media
Answer:
broadcasting media
Explanation:
examples of broadcasting media are tv commercials and ads on the radio
Which of the following is an assumption of fundamental accounting principles?A. Revenue is recognized only when the sale is virtually completed and the exchange value for the goods or services can be reliably determined.B. Common stockC. It pays a fixed periodic amount.D. the balance sheet at the beginning of the year can be adjusted using the statement of cash flows to compute the balance sheet at the end of the year.
A: "Revenue is recognized only when the sale is virtually completed and the exchange value for the goods or services can be reliably determined" is an assumption of fundamental accounting principles.
The assumption of fundamental accounting principles is the concept that financial statements should be based on certain basic assumptions that are considered universally accepted. One of these principles is that revenue is recognized only when the sale is virtually complete and the exchange value for the goods or services can be determined accurately. This means that revenue cannot be recognized until the customer has received the goods or services and the amount of payment has been established. This principle helps to ensure the reliability and consistency of financial statements.
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TRUE/FALSE. Beginning in the 1970s, European and Japanese firms began to shift labor-intensive manufacturing operations from developing nations to their home countries where labor costs were lower.
In the 1970s, European and Japanese firms began shifting labor-intensive manufacturing operations from developing nations to their home countries where labor costs were lower. - False
Many European and Japanese businesses started moving labor-intensive manufacturing operations out of their home countries and into developing nations, such as China, Southeast Asia, and Latin America, where labour costs were lower, in the 1970s. This tendency, sometimes known as "offshoring" or "outsourcing," was a reaction to the expensive labour in developed nations.
Companies were able to cut costs and improve their competitiveness in the global market thanks to the relocation of manufacturing to nations with cheaper labour costs. hence, the claim False In the 1970s, Japanese and European companies started relocating labor-intensive industrial businesses from emerging countries to their home countries where labour costs were lower.
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TRUE/FALSE. Although companies believe in and rely heavily on advertising, some people have significant misperceptions about advertising and what it's supposed to do.
Although companies believe in and rely heavily on advertising, some people have significant misperceptions about advertising and what it's supposed to do. The statement is true.
Advertising is a crucial component of marketing, designed to inform and persuade consumers about a product or service. Through various media such as television, print, digital, and outdoor, advertising delivers a message to a targeted audience, creating brand awareness and driving sales. However, advertising is not without its criticisms. Some people view it as manipulative or misleading, and question its ability to influence consumer behavior. Despite these concerns, companies continue to invest heavily in advertising because of its potential to reach and engage with consumers on a large scale. Advertising can be effective in building brand recognition and driving sales, but it is just one piece of the larger marketing puzzle. A well-rounded marketing strategy should also include other tactics such as public relations, market research, and social media.
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______ is the top of a continuous beam with a uniformly distributed load above an interior support will be in tension
Since the top of the beam is in tension on the supports, the continuous beam should also be reinforced at the top.
Continuous beams, i.e. beams with more than one support, are statically indeterminate. Reactions within the support of a continuous beam cannot be determined by static equilibrium equations alone. Each section is considered an independent beam for calculating reaction forces.
A continuous steel beam consists of two or more beams welded together and supported by other beams to create a strong and flexible component for large structures. Continuous beams are used, for example, in bridges, skyscrapers, complex roof structures, and other construction projects.
in the simplest sense. A continuous edge is an edge that allows the top rebar to continue on adjacent slabs. A discontinuous edge is an edge where the top reinforcement cannot continue.
A beam supported at both ends that are firmly attached.
Double overhang: A simple beam with both ends extending beyond the support. Continuously: A beam that spans three or more supports.
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The accounts in the ledger of Monroe Entertainment Co. are listed below.
All accounts have normal balances.Account Payable $510
Fees Earned 3,236
Accounts Receivable 708
Insurance Expense 454
Prepaid Insurance 2,113
Land 2,589
Cash 1,849
Wages Expense 732
Dividends 656
Common Stock 5,355Prepare a trial balance.
The total of the debits is:
a. $5,355
b. $7,259
c. $9,101
d. $1,186
In a Trial Balance, there should be an equal amount of credit and debit overall. The total of debits of the Trial Balance is (C) $9,101
The journal entries are summarised by Trial Balance. The accounts utilized in the journal entries are displayed, together with the total amount associated with the accounts presented as debit and credit.
The regular balance of the assets is shown on the negative side. Assets include money, receivables, prepaid insurance, and real estate.Liabilities The credit side reports the typical balance. An obligation is accounts payable.The normal balance of Shareholders' Equity is on the credit side. Dividends cause owners' equity to decline, whereas common stock increases shareholders' equity. It is given by the business to its stockholders.The average revenue balance is positive. Equity held by shareholders rises as a result.The normal balance of expenses is negative. To get the net income to be reported as a component of shareholders' equity, it is subtracted from revenues.Accounts Debit Credit
Cash 1,849
Accounts Receivable 708
Prepaid Insurance 2,113
Land 2,589
Accounts Payable 510
Common Stock 5,355
Dividends 656
Fees Earned 3,236
Insurance Expense 454
Wages Expense 732
Total $9,101 $9,101
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Categories of expenditures
Bob and Cho Iverson live in Conshohcken, PA. Their son, Eric owns his own plumbing business.
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of US GDP as part of consumption, investment, government, purchases, exports, or imports (check all that may apply)
1. Cho gets a haircut
2. Bob employer assigned him to provide consulting services to an Australian firm. That’s opening a manufacturing facility in China.
3. Eric buys a new set of tools to use in his plumbing business.
4. Cho buys a new BMW, which was assembled in Germany
5. The federal aviation administration expense, the runways at Philadelphia international airport, which is just a few miles from Bob and Cho’s house
The inclusion in the calculation of US GDP are as follows:
Cho gets a haircut - ConsumptionBob provides consulting services to an Australian firm opening a manufacturing facility in China - ExportsEric buys a new set of tools - InvestmentCho buys a new BMW - Consumption and Imports (if the BMW was imported to the US)Federal aviation administration expenses the runways at Philadelphia international airport - GovernmentWhat is a GDP?GDP stands for Gross Domestic Product, which is the total value of all goods and services produced within a country's borders over a specific time period, usually a year. It is widely considered as the most comprehensive and widely used measure of a country's economic activity and standard of living.
GDP takes into account private and public consumption, investments, government spending, and net exports (exports minus imports) and is used by economists, governments, and international organizations to assess the economic performance of a country and make comparisons between countries.
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an inferior good is group of answer choices one whose demand curve will shift rightward as incomes rise. one that has not been approved by the u.s. food and drug administration. one whose price and quantity demanded vary directly not accurately defined by any of these statement
An inferior good is a group of one whose demand curve will shift rightward as incomes rise. option (A) is correct.
A inferior good is a good whose request is contrarily connected with the pay level of a person. An expansion in the pay level of a singular will prompt a fall in the interest for sub-par merchandise and then again, a decline in the pay level of a singular will bring about more popularity for mediocre products.
For instance, on the off chance that the interest for "jaggery" diminishes with an expansion in pay, "jaggery" is a sub-par great. Substandard merchandise generally has additional engaging substitutes, which customers will change to following an ascent in pay.
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This question is not complete, Here I am attaching the complete question:
An inferior good is :
(A) one whose demand curve will shift rightward as incomes rise.
(B) one whose price and quantity demanded vary directly.
(C) one that has not been approved by the Federal Food and Drug Administration.
(D) not accurately defined by any of these statements.
The criteria used to assess the purpose of an informative address is how well:  A. the anecdotes help connect with the audience.  B. it meets the goals of the assignment.  C. the presenter's voice is projected.  D. its structure fits the topic.
How effectively the anecdotes foster audience connection is the criterion utilised to evaluate the informative address's goal.
What is anecdotes?Anecdotes are "stories with a point," like to transmit an abstract idea about a person, place, or object through the concrete details of a brief narrative or to define by highlighting a particular quirk or quality. A coworker has just told an anecdote, for instance, if a group of coworkers is discussing pets and one of them relates a tale about how her cat only enters the downstairs area at a specific hour of the night. A personal, brief narrative describing a true incident or experience is known as an anecdote. Anecdotes are frequently employed in persuasive writing to humanise a subject and lend credence to the author's argument. Anecdotes frequently shed light on the impact a problem has had on a person's life.
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3) Perform a SWOT analysis for the Fast Creek Lightning hockey team as a business enterprise,
A SWOT analysis is a strategic planning tool that helps organizations identify their strengths, weaknesses, opportunities, and threats.
What is SWOT analysis ?Here is an example SWOT evaluation for the hockey team Fast Creek Lightning as a business entity:
Strengths:
Strong brand recognition: Over the years, The Fast Creek Lightning have developed a strong brand and reputation that may draw supporters, sponsors, and other stakeholders.Fan base that is devoted and devoted to the club can bring in a consistent stream of income through ticket and merchandise sales.
Experienced management: The team's management and coaching staff are skilled and experienced, which can help to assure the team's success both on and off the ice.Weaknesses:
Lack of funds: The team might not have the money to invest in the players, facilities, and other assets required to stay competitive.reliance on a single market team is heavily dependent on the local market, which can make it vulnerable to economic downturns or other factors that affect the local economy.
Lack of diversification: The team relies heavily on its hockey operations, which can make it vulnerable to changes in the sports industry or other factors that affect the popularity of hockey.To know more about SWOT analysis , check out :
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What’s the impact of each situation on the the balance sheet equation
The balance sheet equation is Assets = Liabilities + Equity. Each transaction has an impact on either the assets, liabilities, or equity of the business.
Creation of the business and provision by shareholders:
Assets: Equipment (80) + Cash (30)
Equity: Capital Stock (110)
Loan from the banker:
Assets: Cash (200)
Liabilities: Bank Loan (200)
Miscellaneous business taxes:
Assets: Cash (40)
Equity: Retained Earnings (40)
Purchase of merchandise for resale:
Assets: Accounts Receivable (50)
Liabilities: Accounts Payable (50)
Legal fees:
Assets: Cash (10)
Equity: Retained Earnings (10)
Personnel expenses:
Assets: Cash (30)
Equity: Retained Earnings (30)
Sale of merchandise:
Assets: Cash (20)
Liabilities: Accounts Receivable (80)
Equity: Retained Earnings (40)
Payment to merchandise suppliers:
Assets: Cash (30)
Liabilities: Accounts Payable (30)
Cash received from customers:
Assets: Cash (70)
Liabilities: Accounts Receivable (70)
What is the Balance Sheet Equation?The fundamental accounting equation, commonly known as the balance sheet equation, describes the connection between a person's or business's assets, liabilities, and owner's equity.
It serves as the basis for the double-entry accounting method. The total debits equal the total credits for each transaction.
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Write a program in JAVA that prompts the user for a dollar amount. The program outputs the fewest number of coins needed. For example:
Enter total amount: $1.71
You have 6 quarters, 2 dimes, 0 nickels, and 1 penny.
Note: due to numerical error[1] you must convert the initial input to an integer – the number of pennies before performing any calculations. Once computed as a double (i.e. 171.0), you have been supplied a method (convertToInt, which you MUST use) to convert the double to an integer (i.e. 171). Only then proceed to compute number of coins.
As the java program has two classes Scanner and Buffer reader classes, we can use any one of the classes.
In the given question it is asked to take the input of a dollar and then find out the fewest number of coins that are needed. The program can be written as -
import java.util.Scanner;
public class Main
{
public static void main(String\[\] args)
{
double amount, quarters, dimes, nickels, pennies;
int hundreds, the fifties, twenties, tens, fives, ones;
System.out.println("Enter your dollar amount:");
try (Scanner sc = new Scanner(System.in)) {
amount = (double) sc.nextDouble();
hundreds = (int)amount / 100;
amount = amount % 100;
fifties = (int)amount / 50;
amount = amount % 50;
twenties = (int) amount / 20;
amount = amount % 20;
tens = (int)amount / 10;
amount = amount % 10;
fives = (int)amount / 5;
amount = amount % 5;
ones = (int)amount / 1;
amount = amount % 1;
quarters = amount / 25;
amount = amount % 25;
dimes = amount / 10;
amount = amount % 10;
nickels = amount / 5;
amount = amount % 5;
pennies = amount;
System.out.println("You have:");
System.out.println(hundreds + " hundreds");
System.out.println(fifties + " fifties");
System.out.println(twenties + " twenties");
System.out.println(tens + " tens");
System.out.println(fives + " fives");
System.out.println(ones + " ones");
System.out.println(quarters + " quarters");
System.out.println(dimes + " dimes");
System.out.println(nickels + " nickels");
System.out.println(pennies + " pennies");
System.out.println("Goodbye!");
}
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Generally, a corporation recognizes a gain, but not a loss, on a liquidating distribution. (T/F)
The statement is False.
A corporation generally recognizes a loss, but not a gain, on a liquidating distribution. A liquidating distribution is a distribution of cash or property from a corporation to its shareholders in complete liquidation of the corporation. The distribution is treated as a sale or exchange of the shareholder's stock, and any difference between the fair market value of the property received and the shareholder's basis in the stock is recognized as a loss or gain.
However, because losses from liquidating distributions are generally not deductible for tax purposes, the corporation typically does not recognize a loss.
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Which of the following statements about the average wholesale price a company charges footwear retailers in a given geographic region is incorrect? Any company whose wholesale price to retailers is below the regional average can widen its price-based competitive advantage by exerting competitive efforts strong enough to give it a competitive advantage on some or many of the other 9 competitive factors that determine a company's branded pairs sold and market share in a region's Wholesale Segment The size of any company's price-based competitive disadvantage in the Wholesale Segment (and the resulting loss of unit sales and market share) can be weakened by strengthening its competitive efforts and brand appeal on the other competitive factors. The further a company's average wholesale price to retailers in a geographic region is above the all-company regional average wholesale price, the bigger is the resulting negative impact on its pairs sold and market share and the bigger is its price-based competitive disadvantage. The further a company's average wholesale price to retailers in a geographic region is below the all-company regional average wholesale price, the bigger is its price-based competitive advantage and the bigger is the resulting positive impact of this advantage on its pairs sold and market share in the region So long as a company has a big price-based competitive advantage in a region's Wholesale Segment, it has the ability to achieve an attractively-large sales volume and market share even if it suffers from competitive disadvantages on other competitively-relevant factors.
So long as a company has a big-price-based competitive advantage in a region's wholesale segment, it has the ability to achieve an attractively-large sales volume and market share even if it suffers from competitive disadvantages on other competitively-relevant factors.
What is the price?Price, which is decided upon during a deal, is the dollar value of the good, commodity, or resource. Alternatively, pricing can be established by the marketplace on its own when businesses are price takers.
An organization has a major cost-based upper hand in a locale's discount fragment, it can accomplish an appealingly enormous deals volume and regardless of whether it experiences serious disadvantages on other seriously significant elements.
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If the amount of interest calculated to be capitalized on a self-constructed asset is greater than the amount actually incurred, then the interest capitalized is limited to the actual interest incurred is?
The capitalized interest definition is the hobby on the fee of construction, or a self built asset by using a company. Interest capitalization takes place because it is a phase of the fee in developing the asset for the company's future use.
What occurs when activity is capitalized?Capitalization increases your loan's main balance, and activity is charged on the new, larger balance. Your month-to-month charge may additionally additionally increase.
Capitalized pastime is the price of the funds used to finance the construction of a long-term asset that an entity constructs for itself. The capitalization of hobby is required below the accrual basis of accounting, and results in an amplify in the whole amount of constant assets appearing on the stability sheet.
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https://brainly.com/question/417585#SPJ4If profits depend on both how much is produced (output) and on the level of advertising, then a profit-maximizing firm should choose the levels of output and advertising at which:a. the marginal revenue of output equals the marginal cost of output.b. the addition to total revenue of the last unit of advertising equals the addition to total costof the last unit of advertising.c. total revenue equals total cost for both output and advertisingd.both a and be. both b and c
The contribution margin of output is equivalent to the minor expense of creation in the two cases (an and b), and the expansion of the last advertising to total revenue is equivalent to the connection to the total cost. option (D) is correct.
The ascent in income that emerges from selling another unit of result is known as minimal income. Even though commitment edge can stay steady at a specific measure of result, it will ultimately begin to decline as the result level ascents because of the law of decreasing marginal returns.
The deal is worth an additional one item that was sold and made up minimal income. The minor income condition is as per the following: Income change/amount change rises to negligible income.
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This question is not complete question, Here I am attaching the complete question:
If profits depend on both how much is produced (output) and on the level of advertising, then a profit-maximizing firm should choose the levels of output and advertising at which:
a. the marginal revenue of output equals the marginal cost of output.
b. the addition to total revenue of the last unit of advertising equals the addition to total cost
of the last unit of advertising.
c. total revenue equals total cost for both output and advertising
d. both a and b
e. both b and c
weighted average cost of capital (wacc) is most directly used with which of the following capital budgeting decision criteria (true or false)
The correct option is A. Money owed payable isn't a capital aspect while calculating the weighted average cost of capital (WACC) for use in capital budgeting.
The weighted average fee of capital (WACC) is the average fee that a enterprise will pay to finance its belongings. it's far calculated by way of averaging the price of all of the employer's resources of capital (each debt and equity), weighted by way of the proportion of every element.
WACC is calculated by using multiplying the cost of every capital source (debt and fairness) via its applicable weight through marketplace fee, then including the goods collectively to determine the entire. WACC is also used as the bargain charge for future cash flows in discounted coins waft evaluation.The weighted average price of capital (WACC) is an crucial monetary principle this is widely utilized in financial circles to check whether or not a go back on investment can exceed or meet an asset, mission, or enterprise's price of invested capital (equity + debt).
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Complete Question:
Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting?
a. Accounts payable.
b. Common stock "raised" by reinvesting earnings.
c. Common stock raised by new issues.
d. Preferred stock.
e. Long-term debt.