Answer:
1. What product/ service do you want to offer or manufacture? Why?
The service would be a data analytics service. The reason is that data science and data analytics have become more and more important for companies in recent years, and there is a growing market for this kind of services.
2. How are you going to advertise your product/service?
This is a specialized service so hopefully word of mouth, and networking would be the main advertising networks. Besides that, some advertising in social media would be helpful.
3. What made you choose the current location of your business?
Because data analytics is a very digitalized job, the location of the business could be almost anywhere. Relatively low taxation, an educated workforce, and good business environment would be the main factors in deciding the location of the business.
How do banks make most of their profits?
fees charged to customers for account maintenance
fees on debit cards
savings account deposits
interest charges on loans
Leadership is best defined as ________. Group of answer choices the ability to induce the team members to focus on individual goals rather than collective goals the ability to influence a group toward the achievement of a vision or set of goals the ability to reduce the dependence of team members on each other the ability to merely project one's abilities in the lack of actual accomplishments the ability to use factors like training and experience to reduce dependence on formal leadership
Answer:
the ability to influence a group toward the achievement of a vision or set of goals
Explanation:
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Due today!
Which of the following scenarios best reflects a list price?
A. Earrings that are buy one get one free
B. A bike that is half off because of a holiday promotion
C. Socks that have a suggested retail value of $39.99
D. A dress that is 25% off
Answer:
C. Socks that have a suggested retail value of $39.99
The following scenarios best reflect a list price of Socks that have a suggested retail value of $39.99. Thus the correct option is C.
What is the list price?The specified price at which some is advertised for sale through a specific channel, such as a factory, a retail store, a catalog, or a retail, wholesale, or distributor website is The list price.
The difference between the listing price and the sale price of a property is known as the "listing price," also referred to as the "asking price."The highest price at which a thing may be sold is its list price.
The cost at which a seller decides to put their house on the market is known as the list price. You can specify a particular range of costs and make them exclusive to a certain clientele using a pricing list.
Therefore, option C is appropriate.
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Pandora allows users to
A. interact with other users.
B. run free background checks.
C. stream radio to mobile devices or computers.
D. protect themselves against identity theft.
What is the minimum amount due on the following credit card statement?
Money Credit Card Company
Credit Card Holder Account Number
Maurice James 90002002003
Closing Date
5-1-2010
Payment Due Date
5-13-2010
Previous Balance
0.00
Minimum Payment Due
New Balance
202.23
10.00
Credit Line Summary
Total Credit Limit Credit Available
$2,000.00
$1,797.77
New Activity for Maurice James
Posting date Trans. Date
Transactions
4-15-2010 4-15-2010 Store ABC
4-16-2010 4-16-2010 Gas Station
Charge
$130.23
$72.00
2010 Gyron, Inc
$1,797.77
$10
$202.23
$15
Answer: $10
Explanation: It is in the box labeled Minimum Payment Due
Answer:
$10
Explanation:
What is the exterior envelope of a structure?
Answer:
The building envelope of a usually consists of its roof, sub floor, exterior doors, windows and exterior walls.
Use the following information for the Exercises below. Skip to question [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,200 units at $280 each) $ 3,136,000 Variable costs (11,200 units at $210 each) 2,352,000 Contribution margin 784,000 Fixed costs 567,000 Pretax income $ 217,000 Exercise 18-17 Target income and margin of safety (in dollars) LO C2 1. Assume Hudson Co. has a target pretax income of $156,000 for 2020. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target pretax income for 2020, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.)
Answer:
1. $2,892,000
2. 21.58%
Explanation:
1. Calculation to determine What amount of sales (in dollars) is needed to produce this target income
First step is to calculate the Contribution margin ratio
Contribution margin ratio =$784,000 /$ 3,136,000 Contribution margin ratio= 25%
Now let calculate the Required sales using this formula
Required sales = (Fixed cost+Target income)/Contribution margin ratio
Let plug in the formula
Required sales= ($567,000 +$156,000)/0.25 =
Required sales=$723,000/0.25
Required sales=$2,892,000
Therefore the amount of sales (in dollars) needed to produce this target income will be $2,892,000
2. Calculation to determine margin of safety (in percent)
First step is to calculate the Break even sales
Break even sales = ($567,000/0.25)
Break even sales= $2,268,000
Now let calculate Margin of safety (%
Margin of safety (%) =$2,892,000- $2,268,000)/$2,892,000
Margin of safety (%)=$624,000/$2,892,000
Margin of safety (%)=0.2158
Margin of safety (%)=21.58%
Therefore margin of safety (in percent) will be 21.58%
_____ is the most common form of business ownership.
A - Sole proprietorship
B - Partnership
C - Corporation
D - Limited liability company
The answer is "Sole proprietorship"
Hope this helps! :D
Answer:
A. Sole proprietorship
24. The company is considering two independent projects with an initial cost of $18,000 each. The cash inflows of Project A are $3,000, $7,000, and $10,000 for Years 1 to 3, respectively. The cash inflows for Project B are $3,000, $7,000, and $15,000 for Years 1 to 3, respectively. The required return is 12 percent and the cutoff discounted payback period is 3 years. Based on discounted payback, which project(s), if either, should be accepted
Answer: Project B
Explanation:
To find out the project that should be accepted based on the discount rate and the cut-off discounted payback periods, find the present value of the three year cashflows of each project. If it is larger than the initial investment then it should be accepted:
Project A
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 10,000 / (1 + 12%)³
= $15,376.73
Project A's present value is less than the initial investment of $18,000 so it should not be chosen.
Project B
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 15,000 / (1 + 12%)³
= $18,935.63
Project B's present value is larger than the initial investment of $18,000 so it should be chosen.
What information do you need before you can decide which type of business might be the most successful? Be sure to give your answer in at least three to four sentences.
Explanation:
Before starting a business it is necessary to know the market in will act. Thus, market studies are necessary to know who the competitors are, the potential consumption, the potential return, ie the future profit of that activity etc.15-Feb-2017
Delon needs to modify the style of his form elements in Access 2016. Which tab in the ribbon should he use to apply Quick styles to a form? Form Design Tools > Design Form Design Tools > Arrange Arrange Form Design Tools > Format
Answer:
Form Design Tools > Format edg 2021
Explanation:
Form Design Tools> Format is the style Delon needs to modify the form of his elements. Thus, option D is correct.
What is a design tab?The Table Tools contextual tab will appear on the ribbon when you insert or select a table in Microsoft Publisher . You can easily arrange your table, add or remove rows and columns, set the alignment of cells, and format the typography of the text in your table using the two options on this tab, Design and Layout.
Table formatting, cell and table borders, placement of the table on the page, and table size are all included in the Design tab. You can manage the design and appearance of your presentation using the commands on the Design Tab. You can choose a theme from the ones that are offered, and you can alter the color schemes as well. The use of themes streamlines the process of developing polished presentations.
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In order to be able to explain financial concepts to your clients, you need to have good ______ skills:
Accounting
Math
Computing
Communication
You require strong communication skills in order to be able to convey financial ideas to your clients. As a result, choice (D) is acceptable.
What is financial concept?The fields of banking, pressure or financing, credit, capital markets, money, investments, and the development and management of financial systems all fall under the umbrella of finance.Microeconomic and macroeconomic theories are the source of many of the fundamental ideas in finance. The temporal value of money is one of the most fundamental beliefs that holds that a dollar today is valued more than a dollar tomorrow.Personal finance, corporate finance, and public (government) finance are the three primary subfields of the finance discipline.For the purpose of acquiring financial commodities and achieving financial objectives, both consumers and corporations employ financial services.One of a country's main economic generators is the financial services industry.Learn more about financial concept, from:
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Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select question. Online processing enters and processes data as soon as source documents are available. A disadvantage of online processing is timeliness. Accounting systems differ with regard to how input is entered and processed. Batch processing accumulates source documents for a period of time and then processes them all at once. An advantage of online processing is timeliness. An advantage of batch processing is the lack of updated databases for management to use when making decisions.
Answer:
✓Batch processing accumulates source documents for a period of time and then processes them all at once.
✓ Online processing enters and processes data as soon as source documents are available.
✓An advantage of online processing is timeliness.
✓ Accounting systems differ with regard to how input is entered and processed.
Explanation:
.
The data processing can be regarded as process which involves set of operations that helps in transforming data to useful information. This encompass Collection of data, sorting of data to suitable format, entry of data. In accounting this process could involve recording, as well posting/closing steps which are required in the journals and ledgers. It should be noted that data processing in accounting can be described as;
✓Batch processing accumulates source documents for a period of time and then processes them all at once.
✓ Online processing enters and processes data as soon as source documents are available.
✓An advantage of online processing is timeliness.
✓ Accounting systems differ with regard to how input is entered and processed.
According to the PACED decision-making tool, what is the first step in
decision making?
A. Define the problem
B. Pick criteria
C. List the alternatives
D. Evaluate the alternatives
A matrix that can be utilized in the decision-making process is the PACED Model.
We can solve issues more logically by applying the PACED processes of Problem, Alternatives, Criteria, Evaluate, and Decide. Students may be able to make decisions more rapidly using this graphic strategy.
Step 1: Define the issue
Step 2: List the alternatives
Step 3: Establish the standards
Step 4: Consider the options.
Which should be taken into account whenever making logical decisions?Instead of relying on subjectivity and intuition, rational decision-making uses objective data, logic, and analysis to help solve problems and accomplish goals. It is a methodical approach that enables you to recognize an issue, choose a course of action from a variety of options, and come up with a response.
It involves identifying the problem that has to be solved, gathering information, finding options and outcomes, assessing them, accounting for all the linkages, and coming to a decision.
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According to the PACED decision-making tool, Defining the problem is the first step in decision-making. Therefore, option A is the correct option.
What is decision-making?
Decision-making is the art of making decisions. The decisions of human beings define their lives and also decide their future and course of life. Decision-making is a process of thinking about the issue or situation, analyzing all aspects of it, analyzing all the repercussions and consequences of the same tan then making some decision that is wise and sustainable in the long term.
From, deciding about which clothes to wear to, deciding the college or a career, all the decisions sum up and result in big realities.
The first step in making a choice, according to the PACED decision-making methodology, is to define the problem. As a result, choice A is the best one.
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