The plans must be involved are the strategic planning, the mid level, the low level, the operational planning, the top planning.
During strategic planning, stakeholders will be asked where they want their company to be in five years.
The middle level staff will decide to focus on attracting new clients and increasing productivity, as well as finding ways to give back to the company.
As a low-level employee, they must interact with customers and contribute to the company's performance.
It will be difficult in operational planning to manage customers and meet their day-to-day needs.
A meeting with top-level staff will be held, and as a result, new operational planning tools will be developed.
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aaron, the chief executive officer of periwinkle inc., often sits on the boards of other companies to share viewpoints on business operations. in this case, which of the following managerial roles does aaron perform?
Aaron is performing the role of an external director or board member.
As an external director, Aaron is expected to provide an unbiased, independent perspective on the company's business operations. He is expected to provide strategic oversight and governance, and to ensure that the company's operations are in line with its mission and values.
He should also be able to objectively evaluate the performance of the company's management and suggest ways to improve its operations. Additionally, Aaron should be able to provide a sounding board for management decisions and help the company anticipate and manage change.
By offering insights and advice from his own experience, Aaron can help the board make more informed decisions.
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Liam managed a project to convert an old home into a commercial location to rent as a suite of offices. One of the stakeholders was concerned about the energy efficiency of the old home. Liam met with the window supplier to review the types of windows he had selected to upgrade them to a more efficient line of windows.Which project element was Liam monitoring?a. Costb. Timec. Scoped. Risk
D. "Risk" is the project element that was Liam monitoring.
Liam was monitoring the risk associated with the stakeholder's concern about energy efficiency. By meeting with the window supplier to review the types of windows and potentially upgrade them, Liam was taking proactive steps to mitigate any potential risk related to the energy efficiency of the old home. This shows that Liam was keeping a close eye on the risk element of the project and taking steps to ensure the project's success.
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On january1, 1994, Joan smith BEGAN HER BUSINESS BY INVESTING 35,000 in cash in a checking account that she open in the name of business
On january1, 1994 Joan Smith starting the business by investing Owner's Equity account under the Owner's investment revenue.
What do you mean by Owner's investment revenue?Money that the business's owner invested. plus the company's overall earnings since start. minus the money the owner has taken out of the company. less any debts to third parties.
Owner's equity, or the worth of the company assets owned by the business owner, is an owner's stake in the company. It is equal to the sum of the owner's initial investment less any withdrawals from the business.
Therefore, on january1, 1994 Joan Smith starting the business by investing Owner's Equity account under the Owner's investment revenue.
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The complete question is attached:
NEED HELP
——————————-
(PART ONE) Create a recipient list to send on April 3, 2014 using the information below.
Name: Elise Ziolkowski; Address: 1800 Clear Ave, Ferndale, CA 99825
Name: Miguel Hernandez; Address: 236 Mountain Terrace, Ferndale, CA 99825
(PART TWO)
Complete a mail merge using the information provided in part one of this question.
In order to create a recipient list is created by clicking on the file tab then in mailing to create a new file.
What is mail merge?For mass mailings from a form letter, mail merge combines mail and letters with pre-addressed envelopes or mailing labels.
You may use mail merge to customize a batch of documents for each recipient. One way to personalise a form letter is to address each recipient by name. A data source is connected to the document, such as a list, spreadsheet, or database.
Make a fresh mail merge list as shown below:-
File > New > Blank Document should be selected.Select Recipients > Type a New List from the menu.Enter the necessary recipient information in each column of the New Address List dialogue box. See Edit Data Source for further details on how to use the dialogue box.Select Add New for each new record.Learn more about mail merge here:
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maximizing returns on logistics assets is an example of a capital reduction based logistics statergy
The given statement "maximizing returns on logistics assets is an example of a capital reduction based logistics statergy" is false because maximizing returns on logistics assets is not necessarily an example of a cost reduction based logistics strategy. It can be part of a broader strategy that aims to reduce costs, but it is not the same thing as a cost reduction strategy.
Maximizing returns on logistics assets is a strategy to get the most value from a company's logistics resources such as vehicles, warehouses, and equipment. This involves optimizing utilization, improving maintenance, and finding ways to generate additional revenue. Cost reduction based logistics strategy aims to reduce overall costs of logistics and supply chain operations by streamlining processes, reducing waste, using more efficient technologies, and negotiating better rates. Both strategies can overlap but are not the same thing.
"
Complete question
maximizing returns on logistics assets is an example of a capital reduction based logistics statergy
True
False
"
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Consumer Reports tested 166 different point-and-shoot digital cameras. Based upon factors such as the number of megapixels, weight (oz.), image quality, and ease of use, they developed an overall score for each camera tested. The overall score ranges from 0 to 100, with higher scores indicating better overall test results. Selecting a camera with many options can be a difficult process, and the price is certainly a key issue for most consumers. By spending more, will a consumer really get a superior camera? And, do cameras that have more megapixels, a factor often considered to be a good measure of picture quality, cost more than cameras with fewer megapixels? The table shows the brand, average retail price ($), number of megapixels, weight (oz.), and the overall score for 13 Canon and 15 Nikon subcompact cameras tested by Consumer Reports (Consumer Reports website, February 7, 2012).
A point-and-shoot camera, often known as a small camera and occasionally abbreviated to P&S, is a still camera primarily built for ease of use. Most have built-in flash units, autofocus or focus-free lenses for focusing, and automatic systems for choosing the exposure settings.
What is Megapixel ?A digital canvas is made up of tiny squares called pixels that are assembled like jigsaw or mosaic pieces. The number of pixels an image can fit into a given area usually indicates the resolution of the image. Better resolution is achieved with more pixels.
The pixels are also quantified in megapixel format, which roughly translates to one million pixels, for ease of categorization.
Digital image resolution is determined by the number of pixels and megapixels per inch. An image of 12 megapixels on a camera sensor, for instance, would have 12 million pixels per inch (PPI). In a similar vein, an 8MP camera sensor can create photos with 8,000,000 PPI.
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Silas 4-Wheeler, Inc. has an ROE of 18.06 percent, equity multiplier of 1.40, and a profit margin of 15.00 percent.
What is the total asset turnover and the capital intensity? (Round your answers to 2 decimal places.)
Total asset turnover = Return on equity / ( Net profit margin X Equity multiplier
Total asset turnover = 55.33
The capital intensity ratio is the reciprocal of the total asset turnover ratio.
Capital intensity ratio = 0.018
What is the capital intensity?The capital intensity is the amount of fixed or real capital present in relation to other factors of production, especially labor.
At the level of either a production process or the aggregate economy, it may be estimated by the capital to labor ratio, such as from the points along a capital/labor isoquant.
The Capital intensity ratio in the above case will be 0.018.
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Based on information in paragraph 1, it can be understood that captivating belongs to which word group?
answer choices
capturing, catching, ensnaring
modeling, indicating, displaying
fascinating, enthralling, interesting
shocking, amazing, inspiring
Based on information in paragraph 1, it can be understood that captivating belongs to word group is fascinating, enthralling, interesting
Captivating is a word that refers to something that is extremely engaging and holds someone's attention. It can be used to describe a person, object, or event that is so interesting that it completely captures the imagination.
The word captivating belongs to the word group of "fascinating, enthralling, interesting." These words are all used to describe something that has a strong, almost irresistible, hold on someone's attention.
In mathematical terms, captivating can be thought of as a function that maps attention to engagement. This function is characterized by its ability to take an input, such as a person's attention, and transform it into an output, such as a high level of engagement.
In other words, captivating is a property that describes how well something is able to capture and hold someone's attention. The greater the captivate, the stronger the hold on someone's attention and the higher the level of engagement.
Therefore, the correct option is (c).
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in general, a noncorporate shareholder that receives a distribution in complete liquidation of the liquidating corporation recognizes his or her entire realized gain as a capital gain. True, False.
The statement in general, a noncorporate shareholder that receives a distribution in complete liquidation of the liquidating corporation recognizes his or her entire realized gain as a capital gain is false. The majority of realised gains are often recognised as capital gains.
By noncorporate shareholders who receive distributions throughout the final liquidation of the liquidated corporation. When shareholders get dividends during a complete liquidation, they record gains or losses as though they had been fully compensated for their stock. The fair market value of the asset serves as the shareholder's basis in any property received in the total liquidation.
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Consider the supply and demand schedules for calzones at a local pizzeria. Use the information in the schedules to answer the five questions.
Demand
Price (P) $10 $9 $8 $7 $6 $5 $4 $3 $2 $1
Quantity (Q) 20 40 60 80 100 120 140 160 180 200
Supply
Price (P) $1 $2 $3 $4 $5 $6 $7 $8 $9 $10
Quantity (Q) 20 30 40 50 60 70 80 90 100 110
Consider the supply and demand schedules for calzones at a local pizzeria. Use the information in the schedules to answer the five questions.
Demand
Price (P) $10 $9 $8 $7 $6 $5 $4 $3 $2 $1
Quantity (Q) 20 40 60 80 100 120 140 160 180 200
Supply
Price (P) $1 $2 $3 $4 $5 $6 $7 $8 $9 $10
Quantity (Q) 20 30 40 50 60 70 80 90 100 110
What is the equilibrium price?
equilibrium price: $
At what price is there a shortage of 60 calzones?
price for shortage of 60 calzones: $
At what price is there a surplus of 60 calzones?
price for surplus of 60 calzones: $
At a price of $1010, there is a surplus of how many calzones?
surplus:
calzones-At a price of $7,7, there is a shortage of how many calzones?
shortage:
calzones
The equilibrium price of calzones is found at the intersection of the demand and supply curves, which is $7. At this price, the quantity demanded is equal to the quantity supplied, or 80 calzones. At a price of $10, there is a shortage of 60 calzones because the quantity demanded (200) is higher than the quantity supplied (140).
At a price of $10, the surplus of calzones is 110 (the quantity supplied) - 40 (the quantity demanded), which is 70. At a price of $7, the shortage of calzones is 120 (the quantity demanded) - 80 (the quantity supplied), which is 40. Thus, the price of $7 is the equilibrium price, and there is a shortage of 40 calzones at this price.
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The supplies account had a beginning balance of $4,630 and was debited for $2,180 for supplies purchased during the year. Jounalize the adjusting entry required at the end of the year, assuming the amount of supplies hand is $2,720.
The adjusting entry will be Supplies expense $4,090 (debit) Supplies $4,090 (credit) 4630+2180-2720=4090
Supplies expense is the price of the consumables used within a reporting period. Depending on the type of company, this may be one of the more expensive corporate expenses. The following two categories of supplies may be charged as expenditures. Accounting experts can create financial reports that are more thorough and accurate by including the materials expense. Employee purchases and removals of materials from the storage locker for use are balance sheet assets that become expenses on the income statement. Adjusting entries move items used from supplies on hand to the supplies expenditure account at the end of each reporting month.
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Which of the following items is a permanent difference between taxable and financial accounting income?A) net capital lossB) depreciationC) dividends-received deductionD) bad debts
The (C) dividends-received deduction is a recurring divergence between taxable and financial accounting income.
What are the Dividends received deduction?In order to calculate its taxable income, a US corporation may typically deduct 50% of dividends received from other US firms.
If the recipient of the dividend distribution holds at least 20% but less than 80% of the distributing corporation, the dividends received deduction (DRD) is enhanced from 50% to 65%.
A constant distinction between taxable and financial accounting income is the dividends-received deduction.
For a tax year in which the paying and receiving corporations were members of the same affiliated group on each day, a dividend must be paid out of the earnings and profits of the distributing corporation or one of its predecessor corporations in order to be eligible for the 100 percent dividends-received deduction.
Therefore, the (C) dividends-received deduction is a recurring divergence between taxable and financial accounting income.
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When comparing a nonissuer financial statement audit with an integrated audit, which of the following statements would be correct? A. Both audits have a similar purpose. O B. Both audits have a similar scope. C. Both audits follow similar procedures, D. Both audits result in a single opinion
Option A is correct. When comparing a non issuer financial statement audit with an integrated audit, both audits have similar purpose.
A non issuer financial statement audit and an integrated audit both aim to provide assurance on the accuracy and reliability of financial information. However, the scope and procedures of the two audits are different.
A non issuer financial statement audit is limited to an examination of a company's financial statements, such as its balance sheet, income statement, and cash flow statement, to provide an opinion on the fairness and reliability of the financial information presented.
An integrated audit, on the other hand, is a comprehensive examination of both the financial statements and the internal control systems of a company. It aims to provide a more comprehensive assessment of the company's operations and its financial reporting process. An integrated audit results in two separate opinions: one on the financial statements and another on the internal control systems.
So, while both audits have a similar purpose of providing assurance on the accuracy and reliability of financial information, the scope and procedures of the two audits, as well as the resulting opinions, are different.
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Segmented Income Statement, Management Decision Making
FunTime Company produces three lines of greeting cards: scented, musical, and regular. Segmented income statements for the past year are as follows:
Line Item Description Scented Musical Regular Total
Sales $ 10,000 $15,000 $25,000 $50,000
Less: Variable expenses 7,000 12,000 12,500 31,500
Contribution margin $ 3,000 $ 3,000 $12,500 $18,500
Less: Direct fixed expenses 4,000 5,000 3,000 12,000
Segment margin $ (1,000) $ (2,000) $ 9,500 $ 6,500
Less: Common fixed expenses 7,500
Operating income (loss) $(1,000)
Kathy Bunker, president of FunTime, is concerned about the financial performance of her firm and is seriously considering dropping both the scented and musical product lines. However, before making a final decision, she consults Jim Dorn, FunTime's vice president of marketing.
Required:
Question Content Area
1. Jim believes that by increasing advertising by $1,000 ($250 for the scented line and $750 for the musical line), sales of those two lines would increase by 30%.
Prepare segmented income statements based on Jim's assumptions.
Assuming that advertising increase leads to a 30% increase in sales, the new sales figures for the scented and musical product lines would be as follows:
What informs the segmented income statement?Line Item Description Scented Musical
Sales $ 10,000 $15,000
Advertising Increase 250 750
Total Sales with Advertising Increase $10,250 $15,750
Less: Variable expenses 7,000 12,000
Total Variable Expenses $7,000 $12,000
Contribution Margin $ 3,250 $ 3,750
Less: Direct fixed expenses 4,000 5,000
Segment Margin $(675) $(1,250)
Based on these new figures, the segment margins for the scented and musical product lines would be $(675) and $(1,250), respectively. To determine the overall impact of Jim's proposal, we would need to take into account the effect of the increased advertising on the common fixed expenses and the regular product line.
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empirical observation shows that when bad weather conditions decrease corn crop yields, the price of corn will fall.group of answer choicesfalsetrue
It is true that empirical observation shows that when the bad weather conditions decrease corn crop yields, the price of corn will fall.
What is observation?When collecting data from a primary source, observation is defined as the process of observing or seeing something. In science, observation can also refer to the gathering and recording of data with the aid of tools. This phrase can be used to describe any data amassed for the scientific project. Observations might be qualitative, in which case only the presence or absence of a quality is observed, or quantitative, in which case a numerical value is assigned to the phenomena under observation through counting or measuring The second and fifth steps of the scientific process both involve observations. However, repeatability is necessary in order for observations provided by several observers to be comparable. Human sense experiences are subjective and qualitative, which makes it difficult to document or compare them.
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when people with severe obesity undergo bypass surgery that seals off part of the stomach, the remaining stomach then produces much less group of answer choices
When people with severe obesity have bypass surgery, which seals off a portion of their stomach, the surviving stomach secretes significantly less Ghrelin. (e) Is the best option.
Structured questions are now more accurate in terms of prediction than unstructured interviews.
Human factors philosophy represents one of the three main subspecialties of psychological science.
Developing measurement tools for employee selection and placement is directly related to personnel psychology.
Researchers investigating the link among both hunger and stomach circumstances revealed that rats with stomachs removed continue to consume food regular basis.
It has recently been proposed that the mutually supportive birth-order actual impact is caused by maternal immune systems.
A psychologist defines motivation. A need or desire that motivates and directs behavior toward a specific goal.
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"Complete question"
When people with severe obesity undergo bypass surgery that seals off part of the stomach, the remaining stomach then produces much less ______. Low levels of this hunger hormone means that they are NOT hungry.
a. Glucose
b. Insulin
c. Orexin
d. PYY
e. Ghrelin
Which of the following has primary responsibility for the fairness of the representations made in financial statements?
(a) Client's management.
(b) Independent auditor.
(c) Audit committee.
(d) AICPA.
Customer relationship management is the process by which a company or other association manages its relations with guests. The answer is option A, client management.
They are primarily responsible for the objective preparation of the financial statements to the standards established by generally accepted accounting principles. They are held accountable for the claims they make, which are verified by external auditors.
Customer management is the process of overseeing and coordinating an organization's interactions with its current and potential customers. The role of customer management is to improve customer service and strengthen the relationship between the company and its customers.
It includes various kinds of practices from social media marketing and customer services. Strong customer relationships help you make more money and grow your business.
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the commentator in this illustration of the dandelion is also portraying a classical example of the two-directional functioning of the
The commentator in this illustration of the dandelion is also portraying a classical example of the two-directional functioning of the colombian exchange.
The Colombian Exchange refers to the exchange of goods, ideas, and organisms between the Eastern and Western hemispheres following Columbus's arrival in the Americas in 1492. The two-directional functioning of the Colombian Exchange means that items, knowledge, and species were flowing in both directions between the hemispheres, with items and species originating in the Americas being introduced to the Eastern Hemisphere, and items and species from the Eastern Hemisphere being introduced to the Americas.
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A person who takes a negotiable instrument for value, in good faith, and without notice that it is defective or overdue is referred to as a(n) ________.
A. holder
B. assignee
C. holder in due course
D. unqualified indorser
Holder in due course is a person who accepts a negotiable instrument for its face value, in good faith, and without knowledge that it is defective or overdue.
The Holder in due course is a person who accepts a negotiable instrument in good faith and for valuable compensation.
A holder in due course (HDC) in business law is someone who accepts a negotiable instrument in a value-for-value exchange having no reason to question that the instrument will be paid.
In due course, a holder can compel payment from the person who initiated it as well as any previous holders, regardless of any contending claim those entities may have against each other.
This privilege protects the bearer against the risk of taking securities without fully understanding their history.
Payment rights are not susceptible to set-off and are not dependent on the validity of the underlying contract that gave rise to the debt.
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The adjustment for overapplied overhead _____. decreases cost of goods sold and decreases net operating income. decreases cost of goods sold and increases net operating income. increases cost of goods sold and decreases net operating income. increases cost of goods sold and increases net operating income.
The adjustment for overapplied overhead decreases the cost of goods sold and increases net operating income.
What is net operating income?Net operating income (NOI) is a term used in real estate investment and refers to the amount of money generated by a property after all operating expenses have been subtracted. It represents the amount of income that remains after paying all costs of running the property, including property taxes, utilities, insurance, repairs, maintenance, and other expenses. NOI is an important financial metric used by investors to determine the profitability of an investment property and is used to calculate the property’s cap rate, which represents the property's return on investment. NOI is an indicator of a property's financial health and is used by real estate investors to make informed investment decisions. A positive NOI indicates that a property is generating more revenue than it costs to operate, making it a profitable investment, while a negative NOI suggests that the property is losing money and may not be a good investment.
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Which of the following is among the five forces that impact the sustainability of industry profits, according to Michael Porter?
These forces include the number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products that influence a company's profitability.
In economics, a market is a grouping of systems, institutions, procedures, social interactions, or infrastructures where parties do business. Parties can trade goods and services, but in most markets, sellers are the ones that exchange goods and services for cash with customers.
The method by which goods and services are priced can be described as a market. Markets allow commerce while enabling the distribution and allocation of resources throughout communities. Markets develop more or less naturally or are purposefully created via social interaction to enable the transfer of ownership rights to goods and services.
The above question is incomplete, the complete question is-
Which of the following is among the five forces that impact the sustainability of industry profits, according to Michael Porter?
1. entry
2. power of input suppliers
3. power of buyers
4. industry rivalry
5. substitutes and complements
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What does it mean to compare?
To determine the structure of the article/video.
To note what is different between two or more things.
To note what is similar between two or more things.
To combine information from two articles into one summary.
The following comparison is technique and study design, A comparison that contrasts something Synthesizing.
What format should an article have?An article's fundamental framework for a newspaper, magazine, or online typically consists of three parts: an introduction, a hook to draw the reader in, and an explanation of the article's major argument. middle - a group of sentences that provide further specifics.
An epilogue that brings the discussion to a close. An article is a piece of writing about a specific subject that is typically 800-2000 words long. Occasionally, a piece of writing will present both sides of a debate.
Other times, a biased article may favor a certain person or political viewpoint. The writing style of the author can give an article additional flavor.
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which of the following best describes consumer choice in relation to preferences for goods and services?\
The correct option is A. Consumers have limited amounts of money and goods are scarce relative to the demand for them.
The idea of client choice is the department of microeconomics that relates preferences to intake fees and patron call for curves. It analyzes how customers maximize the desirability in their intake as measured via the problem of their choice to limitations on their costs, by means of maximizing utility concern to a customer budget constraint. elements influencing clients' evaluation of the utility of products: income stage, cultural factors, product data, and physio-mental factors.
Intake is separated from manufacturing, logically, because specific financial dealers are involved. in the first case, intake is by means of the number one individual, a person's tastes or preferences determine the quantity of delight humans derive from the products and offerings they eat.; in the second case, a manufacturer might make something that he could no longer eat himself.
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Complete Question:
which of the following best describes consumer choice in relation to preferences for goods and services?\
A. Consumers
B. Marginal utility
C. Constraints arise
D. Demand
Your aunt has promised to give you $5,000 when you graduate from college. You expect to graduate three years from now. If you speed up your plans to enable you to graduate two years from now, the present value of the promised gift will: Multiple Choice a. be less than $5,000.
b. remain constant. c. decrease.
d. Incorrect equal $5,000.
e. increase
If you graduate one year sooner and two years from now, the present value of this gift (E) Increases.
The discounted value of a single sum that will be received in the future makes up the present value of a future sum. The length of the time periods, the rate, and the size of the future sum all play a role. A key idea in finance is the time value of money. According to this theory, money or cash in the now is more valuable than the same amount of money that will be accepted in the future.
Here, the present value rises as a result of the shorter discounting intervals required to convert it to the current value. As a result, the identical sum's present value will increase.
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A telecommunications company is impacted by government regulations of the wireless spectrum, cell tower locations, and internet accessibility. The company decides to hire a lobbying firm to represent its interests with the U.S. government, specifically the FCC, FTC, and Congress. This is an example of a company managing which forces in the macroenvironment? social, global technological or political/legal
This is an illustration of a business controlling the macroenvironmental political and legal factors. government regulations have an influence on the telecommunications industry.
They are a component of the macroenvironment's governmental and judicial forces. The corporation is taking proactive actions to control and influence the political and legal factors that are influencing its business operations by engaging a lobbying firm to advocate its interests with the American government. In a sector that is heavily regulated, firms frequently employ this tactic to advance and safeguard their interests. In order to manage the political and legal macroenvironment, the telecommunications business is attempting to define the laws and regulations that will govern its operations by collaborating with the FCC, FTC, and Congress.
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here are data on two firms: equity ($ million) debt ($ million) roc (%) cost of capital (%) acme 240 60 19 13 apex 360 140 17 14 a-1. calculate the economic value added
The economic value added is 15 Million. So there are data on two firms: equity ($ million) debt ($ million) roc (%) cost of capital (%) acme 240 60 19 13 apex 360 140 17 14 a-1.
(a1) In Million
EVA = Invested Capital x ( ROC – WACC)
EVAACME = (240+60) x (19%-13%)
EVAACME = 300 x 6% = 18
EVAAPEX = (360+140) x (17%-14%)
EVAAPEX = 500 x 3% = 15
Economic price brought (EVA) is a degree of an employer's monetary performance primarily based on the residual wealth calculated through deducting its value of capital from its working profit, adjusted for taxes on the basis of a coin.
In company finance, as a part of the essential analysis, monetary cost delivered is an estimate of a company's economic profit, or the cost created in extra of the required go back of the corporation's shareholders. EVA is the net income less the capital price ($) for raising the company's capital. The concept is that a fee is created whilst the go-back on the firm's economic capital employed exceeds the fee of that capital. This amount can be decided by way of making adjustments to GAAP accounting. There are doubtlessly over 160 changes but in exercise, only several key ones are made, relying on the agency and its enterprise.
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At the beginning of the fiscal year, the balance sheet showed assets of $1,364 and stockholders' equity of $836. During the year, assets increased $74 and liabilities decreased $38.Stockholders' equity at the end of the year totaled:A. $836B. $872C. $948D. $1,438
Stockholders' equity at the end of the year totaled would be C) $948.
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It lists a company's assets, liabilities, and stockholders' equity. The equation for a balance sheet is: Assets = Liabilities + Stockholders' Equity.
At the beginning of the fiscal year, assets were $1,364 and stockholders' equity was $836, so liabilities were $1,364 - $836 = $528.
During the year, assets increased by $74 and liabilities decreased by $38, so the change in assets and liabilities was $74 - $38 = $36.
To determine stockholders' equity at the end of the year, we can use the equation:
Assets = Liabilities + Stockholders' Equity
$1,364 + $74 = $528 - $38 + Stockholders' Equity
$1,438 = $490 + Stockholders' Equity
Stockholders' Equity = $1,438 - $490
Stockholders' Equity = $948
So, the correct answer is C) $948.
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Generally accepted auditing standards require auditors to be independent. Included within this standard are the concepts of independence in fact and independence in appearance. Required: For each of the following, identify whether it is most appropriately associated with independence in fact (Fact), independence in appearance (Appearance), both (B), or neither (N). 1 points 8 00:29:55 Fact Appearance Fact eBook a. Relates to the auditors' "state of mind." b. Relates to others' perceptions of the auditors' independence. c. Reflects an unbiased and impartial perspective with respect to the financial statement audit. d. The auditors' firm provides extensive consulting services to the client; these services provide revenues to the firm that exceed revenues received from the audit engagement. The spouse of the partner in charge of the audit engagement occupies an executive-level position within the client. e. A distant relative of a partner within the firm occupies an entry-level position within the client of the firm. (The audit is conducted by another office of the firm with which the partner has infrequent contact). e. A staff member within the firm owns shares of stock of one of that firm's clients. (She is not a member of the 9 engagement team serving that client.) d. . Appearance Appearance B Ð’ B
"Professional review of financial records of any entity, while profit oriented or not, regardless of the size of legal form when such an evaluation is done with the a mind to offer any conclusion thereto" what is meant by an audit.
The purpose of auditing is to make certain that a business is keeping its books of accounts in accordance with the law. Auditors analyse the claims made in their auditing report after analyzing the statements and gathering relevant evidence.
a. Relates to the auditors' "state of mind." - A
b. Relates to others' perceptions of the auditors' independence.- A
c. Reflects an unbiased and impartial perspective with respect to the financial statement audit- B
d. The auditors' firm provides extensive consulting services to the client; these services provide revenues to the firm that exceed revenues received from the audit engagement. The spouse of the partner in charge of the audit engagement occupies an executive-level position within the client- D
e. A staff member within the firm owns shares of stock of one of that firm's clients. (She is not a member of the 9 engagement team serving that client.) - B
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Indicate the debit or credit balance of accounts (LO2-3) Below is a list of common accounts. Required: Indicate whether the normal balance of each account is a debit or a credit. Debit or Credit Accounts 1. Cash 2. Service revenue 3. Salaries expense
4. Accounts payable
5. Equipment 6 Retained earnings 7. Utilities expense 8. Accounts receivable 9. Dividends 10. Common stock
The normal balance of each account is determined by the type of account and the effect it has on the financial statements. It's important to understand the normal balance of each account in order to correctly record transactions and produce accurate financial statements.
Cash: Debit - The balance of a cash account is a debit balance because cash is an asset and assets have a normal debit balance.
Service revenue: Credit - The balance of a service revenue account is a credit balance because service revenue is an increase in equity and equity accounts have a normal credit balance.
Salaries expense: Debit - The balance of a salaries expense account is a debit balance because salaries expense is a decrease in equity and expenses have a normal debit balance.
Accounts payable: Credit - The balance of an accounts payable account is a credit balance because accounts payable is a liability and liabilities have a normal credit balance.
Equipment: Debit - The balance of an equipment account is a debit balance because the equipment is an asset and assets have a normal debit balance.
Retained earnings: Credit - The balance of a retained earnings account is a credit balance because retained earnings is an equity account and equity accounts have a normal credit balance.
Utility expense: Debit - The balance of a utility expense account is a debit balance because utility expense is a decrease in equity and expenses have a normal debit balance.
Accounts receivable: Debit - The balance of an accounts receivable account is a debit balance because accounts receivable is an asset and assets have a normal debit balance.
Dividends: Debit - The balance of a dividends account is a debit balance because dividends are a decrease in equity and expenses have a normal debit balance.
Common stock: Credit - The balance of a common stock account is a credit balance because the common stock is an equity account and equity accounts have a normal credit balance.
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Which of the following is not an operating activity? A. Receiving dividends B . Paying interest C . Collecting accounts receivableD . Purchasing insurance policies of more than one year E . Dividend payments
Dividend payments is not an operating activity .
What operations are being carried out?
The functions of a business that are directly involved in offering its products and/or services to the market are known as operating activities.
Manufacturing, distributing, promoting, and selling goods and services are some of the company's primary commercial operations.
Do dividends represent an operating activity?
The receiving of dividends is categorized as an operating activity. Dividend payments fall within the category of financial activities. The constant classification of interest and dividends as operating, investing, or financing cash operations applies to both the received and paid amounts.
Examples of operating activities include the collection of sales proceeds. Collection of unpaid debts. receipt of interest or its payment.
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