During the sales-oriented era, firms found an answer to their overproduction by adding salespeople to find new buyers.
What were the key features of the market-oriented era?Market-driven era: a greater emphasis on serving client requirements and desires.
Marketing is about more than simply addressing needs and desires; customers also want a reasonable return on their investment.
Portrait and landscape are the two most popular orientations.
The phrase "portrait orientation" refers to the measurements used to capture a person's face and upper torso in a photograph; in such photographs, the height of the display area is bigger than the width.
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on december 30, mega industries pays employee salaries of $50,000 in cash. when posting the journal entries related to this transaction, mega's accounting staff credits cash for $50,000 and credits accounts payable for $50,000. which of the following statements best describes the results of this posting?
In Mega's general ledger:
the ending balance on Cash will be correct.
the ending balance on Accounts Payable will be too high.
the ending balance on Salaries Expense will be too low.
What is general ledger?The general ledger is a master accounting document that provides a complete record of your business’s financial transactions over time, including changes to asset and liability accounts, equity, revenues, and expenses.For each account, the general ledger shows the account balance at the beginning of the period, all credits and debits that hit the account during the period, and the ending balance.Business owners (and their accountants) use the general ledger to get a detailed view of every transaction for the month, quarter, or year. For example, suppose a review of the trial balance shows an unexpected balance in fixed assets at year-end. In that case, your accountant might review the general ledger report to see details for every transaction that hit your fixed asset accounts during the year. There they might find and correct accounting errors, such as transactions that were posted to the wrong account or for the incorrect amounts.To learn more about general ledger refer to:
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The journal entries posted by Mega Industries' accounting staff appear to reflect the payment of employee salaries in cash.
What are the potential result of the posting?Cash balance decreases: The credit to cash for $50,000 will decrease the company's cash balance by that amount, reflecting the fact that the company has spent the money to pay its employees.Accounts payable balance decreases: The credit to accounts payable for $50,000 will decrease the company's accounts payable balance by that amount. This account is used to record money the company owes to its creditors. As the company paid its employee salaries, the account payable balance will decrease.No effect on income statement: This posting will not have any immediate effect on the company's income statement. The salaries paid to employees are considered an operating expense, and would be included in the company's expense section of the income statement.No effect on balance sheet: This posting will not have any immediate effect on the company's balance sheet. The cash balance will decrease, but the accounts payable balance will also decrease, so the overall effect on the balance sheet will be neutral.Increases in equity: If the company has a positive net income, then the salaries paid to employees will increase the company's equity.In summary, this posting reflects the payment of employee salaries in cash, which decreases the company's cash and accounts payable balance, but has no immediate effect on the company's income statement or balance sheet. It increases the company's equity if it has a positive net incomeTo learn more about posting refer:
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john has f0 dollars in his bank account at the beginning of year 1. each year, he will earn some interest and withdraw some money. he asks you, his financial manager, to help him come up with a sustainable plan, meaning one that allows him to survive until the n-th year. that is, there should be some nonzero amount of money in his account at the beginning of year
I recommend creating a budget and savings plan that meets your long-term needs. You should set aside a portion of your income each month for savings, and then use the remaining funds for living expenses
1. Analyze the Current Situation: The first step is to analyze John’s current financial situation. Start by calculating his total assets, including cash, investments, and any other sources of income. Then estimate his expenses and liabilities, such as rent, utilities, taxes, and other bills. This will help you determine his net worth.
2. Set Financial Goals: Once you have a good idea of John’s financial situation, it’s time to talk about his financial goals. What does he want to achieve in the long term? Does he want to save for retirement, buy a house, or invest in something else? You should also consider any short-term goals, such as paying off debt or building an emergency fund.
3. Create a Budget: Once you have established John’s financial goals, the next step is to create a budget. A budget will help you track his income and expenses, and help him make sure he is staying on track with his financial goals. It will also help you manage his money and make sure he is not spending more than he can afford.
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your advertising account has been deactivated. to reactivate, please add this account to a business manager first.
All of your active adverts ceased to appear when you deactivated your account. Any advertisements or campaigns that you have left running will start again once your account is reactivated.
what is reactive account?
The Reactive Strategy The degree to which an accounts payable department meets invoice due dates is frequently used to gauge success.Whether they pay invoices on time or not determines whether they are successful. This kind of thinking is reactive.Reactive accounts payable refers to a system where the department responds to invoices as they arrive and takes care of other problems as they appear.Your bank account should be reactivated in 24 hours after you finish the reactivation process, though it occasionally takes up to a week. Make a little deposit as soon as your account is reactivated to prevent it from becoming inactive again. Along with your request for reactivation, some banks could also require this deposit.To learn more about reactivated accounts refer to:
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A recurrent infraction is typically the reason for the disabling of a Your advertisements or "suspicious" behaviour on your account may lead your ad account to be blocked.
How do I reactivate my business manager ad account?Click Accounts, then click Ad accounts, then click the Filter by button after selecting Business settings from the left sidebar. Toggle between showing and hiding closed ad accounts by clicking the appropriate button. Click Make active next to the closed ad account you want to reactivate.The following situations prevent you from adding an ad account to a business manager: The ad account you're seeking to add has already been added by another company. One Business Manager may only hold one account for an advertisement. You can instead ask to be granted access to the ad account.25 ad accounts total can be managed. Up to 25 admins, advertisers, or analysts may be connected to an ad account.To learn more about account refer to:
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which of the following is one of the steps taken by eddie lampert in response to the problems faced by sears holdings corporation?
He implemented a decentralized organizational structure is one of the steps taken by eddie lampert in response to the problems faced by sears holdings corporation.
Option B is correct.
Organisational structure:A company's roles, teams, and employees are outlined in a hierarchical structure. What employees do, to whom they report, and how decisions are made throughout the company are all outlined by organizational structures. Your organization's structure should at the very least include basic hierarchies and employee titles.
An organization's structure helps employees finish their work in an effective and efficient manner and the organization achieve its goals. Employees are given specific work roles and responsibilities by an organization structure, which also helps management coordinate and control activities.
Question is incomplete:
which of the following is one of the steps taken by eddie lampert in response to the problems faced by sears holdings corporation?
A. It encouraged the divisions to turn against each other.
B. He implemented a decentralized organizational structure
C. Identifying new ways of doing business
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brother i.d. ricks is a faculty member at byu-idaho whose grandchildren live in oklahoma and california. he and his wife would like to visit their grandchildren at least once a year in these states. they currently have one vehicle with well over 100,000 miles on it, so they want to buy a newer vehicle with fewer miles and that gets better gas mileage. they are considering two options: (1) a new subcompact car that would cost $24,750 to purchase or (2) a used sedan that would cost $19,250.
187,096.77 years divided by 18,000 years equals 10.39 years.
What is total cost?The lowest cash cost involved in producing a specific quantity of a product is called total cost (TC).The total economic cost of production is made up of two components: variable cost, which varies depending on the quantity of a good produced and includes inputs like labour and raw materials, and fixed cost, which is independent of the quantity of a good produced and includes inputs like buildings and machinery that cannot be changed in the short term, possibly including sunk costs.In economics, the entire cost of each item of production, whether fixed or variable, includes the total opportunity cost (benefits from the next-best alternative).Marginal cost is the additional overall cost associated with producing one extra unit.(a) The whole cost of each car must first be organised as follows:
As soon as the Subcompact = 19,500 + 0.055 × x
Then the Sedan = 13,700 + 0.086 × x
So that x = miles driven
After that Now, we equal both formulas and isolate x:
19,500 + 0.055x = 13,700 + 0.086x
5,800 = 0.031x
187,096.77 = x
When The indifference point is 187,096.77 miles.
hence Prove that:
When the Subcompact is = 19,500 + 0.055 × 187,096.77 = $29,790.32
when the Sedan is = 13,700 + 0.086 × 187,096.77 = $29,790.32
So that Finally, the time required:
(b) The Number of years is = 187,096.77/18,000 = 10.39 years
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suppose that you sell short 1,000 shares of intel at $50 per share and give your broker $35,000 to establish your margin account. assume that you earn no interest on the funds in your margin account. the theoretically possible highest rate of return on this short position is closest to group of answer choices 1.4286% 142.86% -1.4286% -142.86%
The theoretically possible highest rate of return on this short position is closest to -142.86%.
This is because the maximum rate of return on a short position is equal to the difference between the sale price and the purchase price, divided by the sale price. In this case, the sale price is $50 per share and the purchase price is $35,000, so the maximum rate of return is equal to -$15,000/$50,000, which is equal to -0.3 or -142.86%. Therefore, the theoretically possible highest rate of return on this short position is closest to -142.86%.
Additionally, the rate of return on a short position is always negative because the sale price is always lower than the purchase price. This is because when a person sells short, they are selling a security that they do not own and must purchase it later at a higher price. Therefore, the rate of return on a short position is always negative, as the sale price is always lower than the purchase price. Furthermore, the rate of return on a short position is always lower than the rate of return on a long position, as the sale price is always lower than the purchase price.
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8. How does the break-even point equation change for a company with
multiple products or services compared to a single-product company?
Answer:
A company with multiple products or services will have a more complex break-even point equation because it will need to take into account the revenue and costs associated with each individual product or service. This may involve calculating separate break-even points for each product or service, and then determining an overall break-even point for the company based on the combination of these individual break-even points. Additionally, the company may also need to consider how the sales of one product or service may impact the sales and profitability of its other products or services, and factor this into the equation as well.
you are conducting a study to determine the effects of chemotherapy on the survival of participants with pancreatic carcinoma. participants are enrolled at diagnosis and treated immediately after staging. the study is conducted over 4 vears. you observe 10 participants for an average of 6 months each before the occurrence of death. loss to follow uo. or study termination; 6 of these participants die. you observe 30 participants for an average of 4 months each, 16 die. you observe 2 participants for an average of 3 years each, and 1 dies. . What is the total observation period?
10 participants x 6 months = 60 months, 30 participants x 4 months = 120 months, 2 participants x 3 years = 6 years = 72 months. Therefore, the Total observation period is 60 + 120 + 72 is 252 person-months.
What is define as total observation period? Total observation period is a term used in scientific studies or experiments to refer to the length of time that was used to collect data and observe a particular phenomenon. The total observation period is the total amount of time that the researcher has been observing the phenomenon, from the beginning of the data collection period to the end. This period is important because it is used to calculate the average or mean of the observations, as well as to determine any trends or patterns in the data. In some cases, a total observation period may be extended if more data is needed to confirm or refute a hypothesis or an idea. In addition, the total observation period may also be used to assess the reliability and validity of the data, as well as to compare results to those of other studies. Ultimately, the total observation period is an important part of any scientific study or experiment, as it helps researchers to better understand the phenomenon they are trying to study.To learn more about total observation period refer to:
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Some experts have argued that too many brands of breakfast cereal are on the market. Give an argument to support this view.
With too many brands of breakfast cereal on the​ market,
A.too many firms want to enter the industry.
B.the products seem homogeneous.
C.profits are too high.
D.market power is too great.
E.firms produce with excess capacity.
Option a is Correct. There are too many different brands of breakfast cereal, according to some industry experts. This viewpoint is supported by the notion that too many businesses seek to enter the market.
Why is the firm's demand curve in a monopolistic situation flatter than the demand curve for the entire market?There are too many breakfast cereal brands available. When there is monopolistic competition, the demand is more elastic because there is more competition or more substitutes for the items. The demand curve is flatter as a result.
The demand curve for each of the other businesses changes inward when a new firm joins a market that is monopolistically competitive or when an existing firm launches an upgraded product, lowering the price and quantity received by those incumbents.
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6. How Organizations Adapt to Their EnvironmentThe worlds rapaly changing In a number of ways. Use your understandquestionsing ofthe effect ofthese changes on organizations to answer the flowing‘Youve wotke for several years in 8 department where most employees had recenty graduated from collegepostion, and most of your coworkers willbe nearing retement age. Bas‘attudes can you expect your new colleagues to hold? Check al that apply,£4 On research ridings about people ofthe Baby Boomer generation, what5) They tend to cutivate ther individual Kenties and sek personalized experiences,They tend to bebeve tat hard werk and sveThey tna to fet oyaty to tne organization.hich of he folowing hasbeen one of© teh increases te ipertance of having employees report toa cena work lcatan
The most popular ways that organizations try to affect their environments are through information management strategic reaction, mergers, takeovers, acquisitions, and alliances, as well as through organizational design and flexibility and direct influence.
The four main ways that businesses are evolving are as follows:
Leadership based on values.Environments Based on Equality.Employees Assuming Responsibility for Their Successdynamic expansionThe introduction of a new strategy, such as the use of technology, may require some time before employees can resume carrying out their regular duties so that they can learn how to use it. As a result, the organization's timetable may be affected.
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The correct question is:
How Organizations Adapt to Their Environment? The worlds rapaly changing In a number of ways.
The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively. In addition to the foregoing information, use the following data in determining the acceptability in this situation:
The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The present value index for this investment is 0.91.
The Present Value Index measures the relationship between the sum of the present value of all years' cash inflows after applying the discount rate and the initial investments
In terms of mathematics,
Present value index = sum of present values of all years' cash flows with discount rate
where,
Present value = Net cash flow × Discount rate
So,
Year 1 = $180,000 × 0.909 = $163,620
Year 2 = $120,000 × 0.826 = $99,120
Year 3 = $100,000 × 0.751 = $75,100
Year 4 = $90,000 × 0.683 = $61,470
Year 5 = $90,000 × 0.621 = $55,890
Now add together all of the yearly cash inflows to arrive at
= $163,620 + $99,120 + $75,100 + $61,470 + $55,890
= $455,200
As a result, the current value index = $455,200/ $500,000 = 0.91.
As a result, the current value index is 0.91, which is less than one. As a result, the investment should be rejected.
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Correct question:
The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively. In addition to the foregoing information, use the following data in determining the acceptability of this investment:
Year Income from Operations Net Cash Flow
1 $100,000 $180,000
2 40,000 120,000
3 20,000 100,000
4 10,000 90,000
5 10,000 90,000
The present value index for this investment is:
ssistance with price, advertising, providing signage, inclusion in mls, inclusion on websites, holding open houses, showing of the property, use of a lockbox, presenting and managing offers, contract negotiations, and transaction closing assistance are all tasks that .
The current and future production possibilities curves for capital and consumer goods will move along the current PPC and shift to the right, respectively.
The difference in opportunity cost separates a concave PPC from a straight line PPC.
What exactly is a production possibility curve?
The term "production possibilities curve" refers to a graph or economic model that displays the widest range of combinations of goods and services, including any two categories of goods, that can be made using a fixed number of resources.
The opportunity costs are constant no matter where you are on the production possibilities curve when it is a straight line. The opportunity costs rise as you move along the production possibilities curve when it is concave (bowed out), but they fall as you move along the curve when it is convex (bowed in).
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How many kilograms of water does a sugmerged 120-cm3 block displace. what is the buoyant force
A 0.12 kg of water does a submerged 120-cm3 block displace. The buoyant force on the block is 1.176 N.
What is buoyant force?Any entity in any water will experience a net rising push called buoyant force. The volume of fluid rises with depth, hence the buoyancy force is always upwards.
The density of water will be written as ρ = 1.0 g/cm³
the volume of the submerged block is noted as V = 120 cm³
According to Archimedes' principle;
The calculation for The mass of the liquid displaced is -
m = ρV
m = 1.0 g/cm³ x 120 cm³
m = 120 g
m = 0.12 kg
The calculation for The buoyant force on the block is-
F = mg
F = 0.12 x 9.8
F = 1.176 N
Therefore, the buoyant force on the block is 1.176 N.
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The complete question is Probably
The density of water is 1.0g/cm3. How many kilograms of water does a submerged 120-cm3 block displace? Recall that 1.0 kg weighs 9.8 N on Earth. What is the buoyant force on the block?
true/false. by and large, people purchase cars for transportation. an expensive new car also serves as a status symbol. the car serving as a status symbol is an example of a latent function manifest function dysfunction social system.
the car serving as a status symbol is an example of a latent function manifest function dysfunction social system.
The structured web of connections between people, communities, and institutions that together form a cohesive whole is referred to in sociology as a social system. the organised web of connections between persons, communities, and institutions that together constitute a cohesive whole. In a tight-knit, small group, a formal hierarchy of roles and positions might develop. Social systems in sociology are made up of the organisations and institutions that function as a whole when combined. Values, norms, collectivities, and roles are four categories of independently changeable components that may be used to evaluate how social systems are structured. Social systems are utilised as an academic idea and theory to pinpoint the connections between individuals and groups that eventually support a bigger institution.
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Shyam sent a consignment of goods worth 7000 to his agent sampath. He incurred an expenditure of 750 on transport. Sampath incurred 120 to get the goods cleared. He sent a bank draft to Shyam of 4500 as an advance. By the end of April, he sold the entire consignment for 12000. After deducting his commission of 5% on sales, he had sent the balance of amount payable by draft to shyam
A ledger is a physical or digital record used to keep track of financial transactions. The opening balance, all debits and credits to the account for the time period, and the closing balance are all displayed in the ledger.
What is an ledger accounts?An accounting ledger is an account or record used to keep track of bookkeeping transactions for balance-sheet and income-statement transactions. Accounts like cash, accounts receivable, investments, inventory, accounts payable, accrued expenses, & customer deposits can all be included in accounting ledger journal entries.
For all varieties of balance sheet and income statement transactions, accounting ledgers are kept. Asset ledgers on a balance sheet include accounts payable and cash ledgers. Ledgers for revenue and expenses are included in income statement ledgers.
The accounting ledger, also known as the general ledger (GL), serves as a central repository for compiling all account data gathered from subledgers or modules, making it the foundation of any corporate financial system.
The Ledger accounts in the books of both the parties is given in the attachment ↓↓↓
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an option for victims of domestic abuse to report incidents of domestic abuse to specified individuals
Report any domestic abuse incidents at the local police station or online at the National Commission on Women's website. Call 100 or the NCW hotline if you can't go to the police station (011 2694 4805).
Domestic abuse is defined as one episode or a sequence of occurrences of controlling, coercive, threatening, demeaning, violent, or sexually violent behaviour, typically committed by a spouse or ex-partner, but also occasionally by a family member or caretaker.
Domestic violence happens when a member of the victim's household conducts a violent act. This includes current and previous spouses, members of your immediate family, extended relatives, and close family friends. When there is a close relationship between the perpetrator and the victim, the term "domestic violence" is used.
Similar approaches include problem-solving, social skills instruction, and anger control. Acceptance and commitment therapy is also being used to lessen violent behaviour by offenders in some situations, in addition to conventional group cognitive-behavior therapy.
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The complete question may be:
___________ is an option for victims of domestic abuse to report incidents of domestic abuse to specified individuals.
Making a report on the National Commissions of Women platform is usually an option available for reporting the incidents of domestic abuse to individuals.
Domestic abuse is a situation wherein an individual is being harassed by members of the family, including the spouse, and might also lead to physical and mental harms at the same time. Domestic abuse and violence is a forming part of a criminal activity, and a report regarding the same can be made on the dedicated website or helpline phone numbers.
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next year's goal is to fill 99% of all orders from stock. this is an example of which of the following?
O objective
O mission
O distinctive competence
O strategic decision
This is an example of objective. Operations strategic decisions define how operations goals will be met. Strategic decisions for each of the major decision areas can be developed (process, quality systems, capacity, and inventory).
Decision making can also be classified into three levels based on where it occurs. Strategic decisions determine the direction of an organisation. Tactical decisions are those that affect how things are done. Finally, operational decisions are those made by employees on a daily basis in order to run the objective organisation. Decisions, both major and minor- Top management makes major decisions. The decision to purchase new land for a new school branch is a major one.
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suppose that the demand and supply schedules for rental apartments in the city of gotham are as given in the following table. monthly rent apartments demanded apartments supplied $ 2,750 10,000 15,000 2,250 12,500 12,500 1,750 15,000 10,000 1,250 17,500 7,500 750 20,000 5,000 instructions: enter your answers as a whole number. a. what is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied? market equilibrium rental price
The market equilibrium rental price per month is $ 2250 and the market equilibrium number of apartments demanded and supplied is 12500
Calculating the problem:
(a) At equilibrium point, demand = supplied
Therefore, the market equilibrium rental price is $2250 per month
Market equilibrium quantity is 12500 apartments.
What does market equilibrium entail?
The term "market equilibrium" refers to a situation in which a good's demand and supply are equal. To put it another way, the equilibrium state of the market is zero excess supply and zero excess demand.
How significant is market equilibrium?In order to establish a market that is both balanced and effective, equilibrium is necessary. Because it is achieving equilibrium between the quantity demanded and the quantity supplied, a market cannot move beyond its equilibrium price and quantity.
What factors contribute to market equilibrium?When the amount of goods available meets the amount of people who want them, a market has reached equilibrium. Three characteristics are demonstrated by an equilibrium market: There are no incentives for agents to change their behavior, and equilibrium outcomes are governed by a dynamic process.
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using blogs and wikis in a business setting has which of the following objectives? (choose every correct answer.)
Whereas macroeconomics focuses on the performance of the entire economy, microeconomics focuses on the behavior of individual consumers and businesses.
A command economy is one in which all economic decisions are made by the central government. Private individuals make decisions on the basis of profit in a system known as capitalism.
Efficiency. Utilizing resources in a manner that maximizes the production of goods and services is efficiency. It is efficient for an economy to produce output levels on the production possibilities frontier.
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when something is research-based it is when decision-making in the planning and the implementation process is not based on the acquisition, interpretation, and application of relevant facts.
a. true
b. false
False. Research-based decision-making is when decision-making in the planning and the implementation process is based on the acquisition, interpretation, and application of relevant facts.
A decision-making process is a series of way taken by an individual to determine the stylish option or course of action to meet their requirements. In a business environment, it's a set of way taken by directors in an enterprise to determine the planned path for business enterprise and to set specific conduct in stir. immaculately, business opinions are grounded on an analysis of objective data, backed by the use of business intelligence (BI) and analytics tools. In any business situation there are multiple directions in which to take a strategy or an action. The variety of druthers to weigh and the volume of opinions that must be made on an ongoing base, especially in large associations--makes the perpetration of an effective decision- making process a pivotal element of managing successful business operations. Traditionally, opinions were made by business directors or commercial directors using their intuitive understanding of the situation at hand.
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On a statement of cash flows, depreciation is treated as an adjustment to income because depreciation:
A) is a direct source of funds.
B) reduces reported income but does not involve an out flow of funds.
C) reduces reported income and involves an inflow of funds.
D) is an inflow of funds to a reserve account for replacement of assets.
Depreciation reduces reported income but does not result in a cash outflow, therefore on a statement of cash flows, it is represented as an adjustment to income.
What does "cash flow" actually mean?
A company's cash flow can be used to determine how much money it made or spent overall over a specific time period.
The cash flow is typically broken down into three categories on the statement of cash flows, a common financial statement: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.
How does cash flow impact depreciation?
Depreciation must be added back to the operational activities area of the cash flow statement along with other expenses like amortization and depletion because it is a non-cash item.
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a concept sketch should be drawn with blank ____.
A concept sketch should be drawn with design.
Creating an effective design concept requires more than just a vision.
It also involves a sketch that captures the concept in a visual form. With this sketch, you can begin to develop the concept further and make sure that it meets the desired goals or objectives.
Through the concept sketch, you can create the foundation for the design and ensure that all of the different elements come together in a cohesive way. With the right sketch, you can bring your design concept to life.
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which statements are true regarding joint accounts? i an order to buy or sell may be accepted from any single account owner ii an order to buy or sell can only be accepted from all account owners jointly iii an order to draw a check on the account can be made by any single account owner iv an order to draw a check from the account must be made by all of the account owners jointly
Regarding joint accounts, statements I and III are accurate.
the first It follows that any account owner has the power to execute transactions on the account. The other account holders' approval is not required. Furthermore, any account owner has the power to issue a check from the account. The other account holders' approval is not required.
A shared account can only have one owner, who is also the trader. On a shared account, only one account holder may make a check. The rules of a joint account might differ from bank to bank, therefore it's advisable to verify with the particular bank or institution to confirm the terms and conditions of the account.
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suppose the market for t-shirts has three potential sellers: martin, whose willingness to sell is $6, adam, whose willingness to sell is $10, and clara, whose willingness to sell is $12. if t-shirts sell for $11 each, then producer surplus in this market is:
Suppose the market for t-shirts has three potential sellers . If t-shirts sell for $11 each, then producer surplus in this market is $ 6
How does Producer Surplus work?Producer surplus is the benefit or profit a producer makes from selling a good or service. It refers to the difference between the cost of production and the product's selling price.Understanding the concept of producer surplus can be beneficial to the market as a whole as well as individual producers. The producer surplus is the area above and below the market price on a graph. An increase in market demand frequently results in an increase in producer surplus due to producers' ability to charge higher prices for their products.Subsidies and tariffs, as well as other government policies that alter market demand or production costs, can also have an impact on producer surplus.Since it measures the welfare or well-being of producers and aids in the analysis of how various market factors and policies affect it, producer surplus is an essential concept in economics.To learn more about Producer surplus :-
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the following questions highlight how changes in numbers can be measured in both absolute and relative, or percentage, terms. two stores in a mall are having promotions. the first, annie's attic, is offering $10.00 off any purchase. the other, betty's breakables, is offering 40% off any purchase. each store offers a music box at a (non-discounted) price of $60 and a faux ming vase for $30.00, as summarized in the following table. determine the promotional price of each item at each store. item original price discount (dollars) $10.00 off 40% off (dollars) (dollars) a music box $60 a faux ming vase $30.00 suppose a friend of yours wants to buy a crystal candlestick. you remember seeing this item at both annie's attic and betty's breakables, but you do not remember the price. what advice should you give your friend in this situation? go to betty's breakables, if the price is below $25.00. go to annie's attic, if the price is above $25.00 go to betty's breakables, 40% off is always better than $10.00 off. go to annie's attic, $10.00 off is always better than 40% off. go to betty's breakables, if the price is above $25.00.
Absolute and Relative Percentage Terms
An antique music box at Annie's Attic is currently on sale for $65 while an antique music box at Betty's Breakables is currently on sale for $60.
Therefore, Betty's Breakables is the place to go if you're looking to purchase an antique music box.
Both Annie's Attic and Betty's Breakables are offering imitation Ming vases for a promotional price of $25 and $30, respectively.
Therefore, Annie's Attic is the place to go if you're looking to get a fake Ming vase.
The non-discounted price of a crystal candlestick must be $60 if the promotional price is the same at both stores.
Explanation:
a) Data and Calculations:
Annie's Attic Betty's Breakable
Promotional offers $15 25%
Non-discounted prices:
Antique music cost $80 $80
Faux Ming Vase $40 $40
Promotional prices:
Antique music $65 ($80 - $15) $60 (1 - 0.25) * $80
Faux Ming Vase $25 ($40 - $15) $30 (1 - 0.25) * $40
In order for the promotional prices at the two stores to be the same, $15 must equal 25% of each of the two promotional deals.
Therefore, the candlestick's non-discounted price must be = $15/25% = $60.
Annie's Attic = $45 ($60 - $15)
Betty's Breakables = $45 (1 - 0.25) * $60
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the what wrong feature in chapter 2 focuses on everpix, a company that enabled users to organize and store photos online in an innovative manner. regrettably, everpix failed. according to the feature, everpix's failure resulted from that fact that it's founders spent too much time
arrange pictures. As you'll see in the movie, the entrepreneur regrettably spent too much time concentrating on the opportunity at the expense of the company.
Which of the subsequent claims about a business plan is accurate?Contingent liabilities are usually avoided in a well-written company plan because the plan aids in predicting and preventing their occurrence. This is the remark regarding a well-written company strategy that is absolutely true.
What planning errors commonly occur in business?sloppy errors
Typos, grammatical mistakes, and improper formatting are all easily avoidable problems that detract from the impact of your introduction. Your business plan will represent you, so it needs to appear professional. Check your spelling. Read your plan again.
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foreign direct investment occurs when a firm invests resources in business activities outside its home country.
Foreign Direct Investment (FDI) occurs when a firm invests resources such as capital, technology, and personnel in a business venture outside its home country.
FDI typically involves the establishment of a subsidiary in the host country, either through a joint venture, the purchase of an existing business, or the establishment of a new business. FDI is different from portfolio investments, which involve the purchase of stocks and bonds of foreign companies without taking an active role in their operations. For the investor, FDI can provide access to new markets, increased revenue streams, and the ability to reduce production costs by taking advantage of lower labor costs in the host country. For the host country, FDI can bring capital, technology, and job creation, as well as increased tax revenues. At the same time, FDI can also create potential challenges for both the investor and the host country. For the investor, there is the potential for political, economic, and legal risks associated with investing in a foreign country.
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the gordon constant growth model (or sometimes referred to simply as the constant growth model), has conditions that must be met. which of the following would be necessary for the model to be used correctly?
The Gordon Growth Model (GGM) is a formula for calculating a stock's intrinsic value based on a future sequence of dividends that increase at a fixed pace.
What is an intrinsic value?In the world of finance, a value determined using simplify ed assumptions is known as the intrinsic value of an asset. The intrinsic value of an option, for instance, is based on the underlying asset's present market value, but it disregards the likelihood of future volatility and the time value of money. Applying a financial statistic, such the price-to-earnings ratio, is a second technique to determine intrinsic value. Assuming that r represents the anticipated earnings growth rate: EPS x (1 + r) x P/E Ratio equals intrinsic value.Being aware that "human life has an intrinsic, innate value; that human life is sacred just in itself and that the sacred nature of a human life begins when its biological life begins, even before the creature whose life it is has movement or sensation or interests or rights of its own," is important (p. 11).To learn more about intrinsic value refer to:
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g a cloud service has been running for 1 year. over this time, it has had 6 failures of duration 1 day, 3 days, 1 day, 4 days, 6 hours and 12 hours. what is the availability of the cloud service (assuming 30 days per month)? provide your answer as a percentage, with at least 2 decimal points of accuracy. show the steps and equations you used to find the answer. g
Total duration of outages = 1 day + 3 days + 1 day + 4 days + 6 hours + 12 hours = 15 days 2 hours.
Step 1: Calculate the total number of hours of downtime in the past year
1 day = 24 hours
2 days = 48 hours
3 days = 72 hours
4 days = 96 hours
6 hours = 6 hours
12 hours = 12 hours
Total Downtime = 246 hours
Step 2: Calculate the total number of hours in the past year
1 year = 12 months
30 days per month = 360 hours per month
Total Hours in the Past Year = 12 x 360 = 4320 hours
Step 3: Calculate the availability of the cloud service
Availability = 100 - (Downtime / Total Hours) x 100
Availability = 100 - (246 / 4320) x 100
Availability = 94.41%
Step 4: Round the value to two decimal points
Availability = 94.41% → 94.40%
Step 5: Final Answer
Availability = 94.40%
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briefly describe and note any errors you see in the a/p aging summary report as of march 30 2016
Your AR ageing report contains information about the credit you grant customers who make purchases from you.
What is AR ageing?Accounts receivable ageing is a recurring report that classifies a company's receivables based on how long an invoice has been unpaid. It serves as a yardstick for evaluating the stability and financial standing of a company's clientele. If an organization's receivables are being collected much more slowly than usual, this may indicate that business is slowing down or that the organisation is taking on more credit risk in its sales operations. As a management tool, accounts receivable ageing can show whether customers are developing credit concerns and whether the company should continue doing business with those who are frequently late with payments.
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