Franchising is form of business ownership in which firm already having successful product its trademark and method of doing business to another business in exchange for initial franchise fee and equity in new business.
What is Franchising?An organization can use franchising as a strategy for commercial growth because it is based on a marketing notion. Where applicable, a franchisor grants a franchisee a license to use all or a portion of its operating methods, intellectual property, business model, brand, and rights to resell its branded goods and services. The franchisee agrees to comply with the requirements normally outlined in a franchise agreement in exchange for paying certain fees and following specific guidelines. In contrast to expanding through corporate-owned outlets or "chain stores," the franchisor views the utilization of a franchise system as a different business growth approach. A franchise system business growth plan reduces the franchisor's capital investment and liability risk by focusing on the sale and distribution of goods and services.
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a vertical marketing system that involves a contractual relationship between a wholesaler and small independent retailers to standardize and coordinate buying practices, merchandising programs, and inventory management efforts is referred to as a(n)
A wholesaler-sponsored voluntary chain is a vertical marketing system that involves a contractual relationship between a wholesaler and small independent retailers to standardise and coordinate buying practises, merchandising programmes, and inventory management efforts.
What do you mean by merchandising programs?
Merchandising is the presentation and promotion of goods for sale at both wholesale and retail levels. Marketing strategies, display design, and competitive pricing, including discounting, are all part of this. Merchandising is critical for retailers looking to build their brand, improve customer experience, compete with others in the industry, and, ultimately, drive sales. The planning, development, presentation, and sale of fashion products in consumer-driven markets is referred to as merchandising. A bachelor's degree in this field can help you prepare for a variety of jobs, including: Merchandiser. Retail brand purchaser. Product creator.
So, the required answer is wholesaler-sponsored voluntary chain.
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doing personal favors for people is an example of an attempt to create which kind of attitude when working to increase managerial power?
A sense of responsibility to the manager.
What is leadership sense of responsibility?
As a leader, being responsible means being able to carry out the responsibilities that have been assigned to you and responding to situations in a mature and professional manner.A responsible leader must also commit to a particular skill or follow certain guidelines.
What are the five most important roles that a manager plays?
At the most essential level, the board is a discipline that comprises of a bunch of five general capabilities:organizing, planning, hiring, leading, and exercising control.A collection of practices and theories on how to be a successful manager includes these five functions.
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which of the following are types of manageable questions? a. leading questions b. loaded questions c. close-out questions d. impulse questions
Leading questions are the most controllable sort of inquiry. Thus, the correct answer is (a) leading questions.
What is Leading questions mean?In common law systems that rely on witness evidence, a leading question is one that indicates a response and contains information that the examiner wants to be confirmed. The use of leading questions to elicit testimony in court is limited in order to limit the examiner's capacity to control or influence the evidence given. Leading inquiries might be problematic or appropriate depending on the circumstances.
Leading inquiries are frequently answered with a yes or no (though not all yes–no questions are leading). Leading questions differ from loaded questions, which are problematic because they carry implicit assumptions.
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A stock had returns of 9%, -6%, 4%, and 16% over the past four years. what is the standard deviation of these returns?
The standard deviation of these returns is 9.25%.
What is standard deviation?In statistics, the standard deviation measures how widely distributed or how much a set of values might vary. A low standard deviation suggests that values tend to be near the mean (also known as the anticipated value) of the set, as opposed to a high standard deviation, which signals a larger range of values. Standard deviation is frequently represented by the lower case Greek letter (sigma) in mathematical literature and equations for population standard deviation or by the Latin letter s for sample standard deviation. The shorthand for standard deviation is SD. The advantage of the standard deviation over the variance is that it is expressed in the same unit as the data, unlike the variance.
Standard deviation = {[(.09 - .0575)2 + (-.06 - .0575)2 + (.04 - .0575)2 + (.16 - .0575)2] / (4 - 1)}.5 = .0925, or 9.25%
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rena establishes and operates sweet homes, a construction-contracting outfit, as a sole proprietorship. in the course of doing business, the outfit fails to pay some of its debts. to satisfy the obligations, the firm’s creditors can go after a. the firm’s assets and the owner’s personal assets. b. the firm’s assets only. c. the owner’s personal assets only. d. none of the choices—the creditors must bear the losses.
Rena establishes and operates sweet homes, a construction-contracting outfit, as a sole proprietorship. in the course of doing business, the outfit fails to pay some of its debts. to satisfy the obligations, the firm’s creditors can go after the firm's assets and the owner's personal assets.
When can creditors seize personal assets?When a business is a sole proprietorship and the owner is unable to pay back the debt that they borrowed, then legally, creditors can take the personal assets of the owner.
This also applies to general partnerships where the creditors are empowered to go after the personal assets of the owners of the business in the general partnership.
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________ entails evaluating a list of prospective customers and assessing their potential to purchase a product.
Lead qualification entails evaluating list of the prospective customers and assessing their potential to purchase product.
What is lead qualification?The method used by businesses to identify which prospects make the best sales targets is known as lead qualification. Everyone who expresses interest in a good or service may not be prepared to buy it. Because of this, lead qualification is an essential component of any sales strategy. However, it's a step that many companies either skip over or fail to execute successfully. One study found that despite the fact that only about a quarter of sales leads are qualified, almost two-thirds of B2B marketers do not take lead qualification into account when choosing where to focus their sales efforts. Fortunately, if your company has a solid process in place, these kinds of pitfalls are simple to avoid. This article will describe that procedure in detail and common lead qualification techniques.
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1) describe three threats to safety and three threats to security in the hospitality organization with which you are most familiar. explain how management currently addresses (manages) these threats.
The owners of hospitality businesses face a range of security issues & Safety threats. These threats may hamper the smoothness of organization.
What is Hospitality sector?Among the many industries that build up the service sector's hospitality sector include hotel, food and beverage service, event organizing, theme parks, travel, and tourism. It contains lodging facilities, travel businesses, eateries, and bars.
This hospitality sector faces challenges in delivering its operation due to possible threats in relation to safety & security.
A) Security Threats:
Threats such as anti-social behavior of humans intervention, unauthorized visitors, and high staff turnover.
B) Safety Threats:
The most identifiable operational risks are falls, trips, and slip, Property damage, food contamination, liquor liability, special uncertain events, traffic accidents, hazardous chemicals, and natural calamity.
Therefore in order to maintain the long run stability of hospitality business then the managment shall mitigate these threats by training of staff and take necessary actions for safety & security.
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fedex corp. stock ended the previous year at $118.30 per share. it paid a $1.30 per share dividend last year. it ended last year at $131.70. if you owned 500 shares of fedex, what was your dollar return? select one: a. $14.70 b. $6,700 c. $7,350 d. $6,050
The total dollar return of the stock is $7,350.
What is a stock?A corporation's or company's stock, as used in finance, comprises of all the shares that make up its ownership. Both privately and on stock exchanges, stock can be purchased and sold. Governments often impose strict regulations on these transactions in order to deter fraud, safeguard investors, and advance the general welfare of the economy. In an electronic format, also referred to as a Demat account, the stocks are deposited with the depositories. Existing shareholders' ownership and rights are reduced as a result of a corporation issuing new shares in order to raise money to operate or expand the business. Many businesses provide stock options to employees as part of their remuneration; these options do not reflect ownership but rather the right to purchase ownership at a future date and at a particular price.
Return=14.7 * 500= $7350
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the government of balearic is concerned about a recession, so it decides to implement expansionary fiscal policy. how would this policy be depicted in an ad-as model? expansionary fiscal policy would shift the lras curve to the left. shift the lras curve to the left and the ad curve to the left. shift the ad curve to the right. shift the lras curve to the right and the ad curve to the right. shift the ad curve to the left.
The Balearic government decided to undertake an expansionary fiscal policy because it is worried about a recession. Fiscal expansion would cause the AD curve will move to the right.
What does the term "fiscal policy" mean?The phrase "fiscal policy" refers to whether the government utilizes spending and taxing to affect the economy. Governments frequently utilize fiscal policy to encourage strong, lengthy growth and to reduce poverty. There are three forms of monetary and fiscal policy. They are balanced, expansionary, and contractionary, respectively.
Please provide some examples of fiscal policy.In order to expand fiscal policy, the government typically cuts taxes while increasing spending. These two policies both seek to increase general demand while diminishing budget surpluses or increasing deficits.
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Suppose that the adult population in the country of Atlantis is 140 million. If 90 million people are employed and 10 million are unemployed, then O 40 million are not in the labor force. O 40 million are in the labor force. O 130 million are in the labor force. O 80 million are not in the labor force.
Let's assume that Atlantis has 140 million adult residents. If there are 90 million employed people and 10 million unemployed people, that leaves 40 million people out of the labor force.
What does the term "labor force" mean?
All people who meet the criteria for inclusion among the employed or unemployed make up the labor force, also known as the population that is currently engaged in labor-force activities. The term "employed" refers to people who work for pay or profit at least one hour per week or who hold a job but are momentarily off the clock due to illness, vacation, or a strike. The armed forces include anyone who served in the armed forces during the time in question, whether they were stationed in the metropolitan territory or elsewhere, and was selected from the pool of all workers available.
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Charlie hates his job, but he is also dissatisfied with other aspects of his life and feels no one has it as bad as he does. Charlie demonstrates
a. general malaise.
b. cognitive dissonance.
c. systemic discrimination.
d. aggressive self-evaluation.
e. negative affectivity.
Charlie exhibits intense self-evaluation, as per the query. To prevent the Charlie from being confused, perform the demonstration in order.
How would you define a demonstration?
demonstrating to someone how something is done or operates: The necessity of stricter controls is demonstrated clearly by this catastrophe. The establishment of an acceptable situation is necessary for the display skill. This would require collecting all of the demonstration's supplies in advance and getting ready for the event itself.
Why do we utilize examples?
Demonstrations can serve an variety of objectives. These fall into one of three categories: to give a example like an occurrence, notion, rule, theory, or procedure. to pique students' interest before teaching in order to inspire and stimulate them.
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Apple often sells products in bundles, i.e., a product with multiple deliverable elements (e.g., software, hardware, AppleCare plan, and extended warranty) at the same time. Based on the provided disclosures, explain how Apple recognizes revenue for a bundle of products
For products that include multiple delivery elements, Apple recognizes revenue in accordance with the relative fair market value of each element. This value is generally determined by Vendor Specific Objective Evidence.
Vendor Specific Objective Evidence is the income every component would have gotten had it been sold separately. Also, every component's allotted income is perceived when the income acknowledgment measures for that component has been met. In the case Apple is unable to determine the fair market value, the income of that component is conceded until any remaining components of the item have been conveyed or performed. If the honest assessment of a conveyed component not entirely set in stone, Apple utilizes the leftover technique to concede the undelivered components and the excess part of the administration charge is distributed to the delivered element and perceived as revenue.
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What would help a company reduce the risk of developing products for which there is little or no demand?.
The danger of creating items for which there is little or no market demand could be decreased by combining the R&D and marketing departments.
Which seven marketing functions are there?The seven components of marketing include selling, managing products and services, managing marketing information, pricing, financing, and distribution. Your efforts and business-supporting tactics can be more effectively focused if you are aware of the fundamental principles of marketing.
what is A marketing department divisions?The marketing department's job is to inform and influence customers to purchase the company's goods. It involves a number of tasks, including sponsorship, public relations, personal selling, direct mail, and sales promotion.
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free cash flow is defined as: a. additional funds donated by stockholders. b. cash borrowed by the company that requires no interest payments. c. government funds given to a company for meeting environmental protection agency (epa) regulations. d. cash amounts that exceed what is required to fund new investments in the company's current business and meet existing debt commitments. e. money in a company's bank account.
Free cash flow is defined as: a. additional funds donated by stockholders.
Coins go with the flow from operations is produced from prices made as part of the regular direction of operations. Examples of these cash outflows are payroll, the cost of goods offered, hire, and utilities. coins outflows can range appreciably while enterprise operations are notably seasonal.
Revenue is the cash a enterprise earns from the sale of its products and services. coins flow is the net amount of cash being transferred into and out of a corporation. sales affords a degree of the effectiveness of a company's income and advertising and marketing, while coins go with the flow is greater of a liquidity indicator.
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. question 5 you decide to run a colleague test before a presentation to your stakeholders. what kinds of information might the exercise give you? select all that apply
You can find out if your stakeholders have any misunderstandings, questions, or preconceptions regarding your presentation by conducting a colleague test.
What are some examples of stakeholders?An stakeholder is a party with an interest in a business who has the potential to influence or be affected by it.
What is meant by a stakeholder?someone who owns shares in a corporation, either individually or collectively. an individual who is obligated to and interested inside the achievement of a group, community, or other organization, like a worker, customer, or citizen.
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walden industries is considering investing in productionmanagement software that costs , has residual value, and leads to cost savings of per year over its fiveyear life. calculate the average amount invested in the asset that should be used for calculating the accounting rate of return.
The average amount invested in the asset that should be used for calculating the accounting rate of return is $348,500.
The average amount invested, or average investment is calculated by adding the initial investment plus the residual value, and then divide the result by 2:
Average amount invested = (amount invested + residual value) / 2
Average amount invested = ($630,000 + $67,000)/2 = $697,000/2
= $348,500
Average amount invested- Average Investment Value means the average of the aggregate Values of the Assets during a specified period, computed by taking the average of such Values at the end of each business day during such period.
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if foxed cots are 100,000 variable costs per unit is 40 andf the selling price is 60 how manyu iuntioes must be siokld fir the firm to break even
If the firm needs to sell $5,000 units in order to cover its fixed expenses of $100,000, variable costs per unit of $40, and selling price of $60. Depending on how many products a company produces, fixed costs may have a different effect on its bottom line. Therefore, the fixed cost decreases as production rises.
What are a company's fixed expenses?Fixed costs are outlays that a company must cover regardless of production levels. Since fixed costs are independent of production parameters like volume, they are less manageable than variable costs.
What are variable expenses, and how can you reduce them?Variable costs are the first location to cut back on spending when necessary. Your ability to supply your good or service will be more affordable the smaller your total variable expenses are.
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psychological pricing acknowledges that customers are always rational when making buying decisions. true or false
The business practices of setting prices that are lower than a whole number are known as psychological pricing.
Psychological pricing is based on the idea that customers will perceive the slightly reduced price as being less expensive than it actually is.
What does psychological pricing entail?
Mental estimating is a system that utilizations evaluating to impact a client's spending or shopping propensities to make more or higher worth deals.The objective is to satisfy a customer's psychological need for something, whether that be saving money, purchasing the best product, or getting a "good deal."
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how does a country's rigidity of employment index correspond to the amount of long-term unemployment for that nation?
A country's Employment Rigidity Index corresponds to its long-term unemployment rate; the higher the index, the higher the long-term unemployment rate.
What is the Employee Index?The Employment Index in short-term statistics includes those employed in observation units (including employed owners, partners regularly employed in units, and unpaid family workers) and those owned and paid by units. Defined as the total number of people employed outside the unit they do business with.
How are employment rates determined?That is, the percentage of the population currently working. Employment rate is calculated as follows:
(employed ÷ non-institutional population of citizens) x 100.
How is the Labor Cost Index used?The ECI is used by the Federal Reserve to monitor the effectiveness of fiscal and monetary policies and to formulate those policies. “The ECI is essential to understanding the American economy,” said Federal Reserve Chairman Ben Bernanke.
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a company wants to store data that is not frequently accessed. what is the best and cost efficient solution that should be considered?
A company wants to store data that is not frequently accessed. The best and cost efficient solution that should be considered is Amazon Glacier.
What do you know about Amazon Glacier?
The Amazon S3 Glacier storage classes are designed specifically for data archiving, offering the highest performance, greatest retrieval flexibility, and lowest cost archive storage in the cloud. All S3 Glacier storage classes offer virtually infinite scalability and are designed for data durability of 99.999999999% (11 nines). The S3 Glacier storage classes offer the quickest access to your archive data as well as the lowest-cost archive storage in the cloud. You can select from three archive storage classes that are optimised for various access patterns and storage durations.
So, The required answer is Amazon Glacier.
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a store has clearance items that have been marked down by 40%. they are having a sale, advertising an additional 55% off clearance items. what percent of the original price do you end up paying?
A 40% reduction in the discounted price is equivalent to 60% of the original price. Clearance items will be discounted an additional 30% and clearance items will be 30% off 60% of the original price or percent an additional 18%.
Percent is basically a fraction with a denominator of 100. Use a percent sign (%) next to the number to indicate that the number is a percentage. For example, if you get 75 out of 100 questions correct on a test (75/100), you get a score of 75%.
Percent is a relative value that represents 100 of an arbitrary amount. A percentage (representing 1%) is 1 in 100. So 100% represents the whole and 200% represents double the amount.
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investments. sheldon cooper and amy fowler are married and live in pasadena, california. they have as a new investment goal to create a college fund for their newborn daughter. they estimate that they will need $200,000 in 18 years. assuming that the cooper-fowler family could obtain a return of 5 percent, how much would they need to invest annually to reach their goal? garman, e. thomas; forgue, raymond. personal finance (p. 419). cengage learning. kindle edition.
They need to invest $7109.25 annually to reach their goal.
let X be the amount to be invested annually
=>FV = 200000
X * [(1+5%)^18 -1]/5% = 200000
=>X = $7109.25
hence they need to invest $7109.25 annually.
An investment is an asset or object received with the goal of producing earnings or appreciation. Appreciation refers to a growth in the cost of an asset over the years. when an individual buy a good as an investment, the purpose is not to consume the good but as a substitute to using it inside the destiny to create wealth. investment definition is an asset received or invested in to build wealth and save cash from the tough-earned income or appreciation. funding means more often than not to attain a further supply of income or advantage and make the most of the investment over a particular time frame.
The funding provides the inventory of capital, and the quantity of capital to be had in a financial system is a critical determinant of its productivity. investment for that reason contributes to economic increase. An investment technique is a set of suggestions that govern the conduct of traders in a way that permits them to remain faithful to the tenets of their funding method.
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question 37 starting a sole proprietorship is easier and less costly than starting any other kind of business. true false
Starting a sole proprietorship is easier and less costly than starting any other kind of business. true
A sole proprietor is a person who owns an unincorporated business by himself or herself. but, in case you are the only member of a home confined liability enterprise (LLC), you aren't a sole proprietor in case you pick to deal with the LLC as a agency.
Sole Proprietorship examples include small organizations, inclusive of a unmarried character artwork studio, a neighborhood grocery, or an IT consultation service. the instant you begin supplying goods and offerings to others, you shape a Sole Proprietorship. it is that easy. Legally, there's no distinction among you and your business.
A sole proprietor is an entrepreneur. A sole proprietor takes on important risks with the intention to generate a enterprise income on his personal. however, an entrepreneur isn't always labeled as a sole owner.
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you are brought onto a project team that has worked together for a few months. you have ideas for how the team can work together more effectively. is the first meeting the time to speak or to listen?
Make sure that every meeting has a purpose to increase team efficiency. It may also be beneficial to establish the meeting's non-goals in order to avoid becoming sidetracked. Create and distribute a meeting agenda to ensure that everyone is on the same page. Include any readings or extra papers in the agenda as well.
improve team cooperationMake a safe environment for people to discuss their views. To collaborate, colleagues must first participate, and in order to contribute, employees must feel comfortable enough to communicate their opinions without fear of judgment or bad repercussions. Improving team cooperation requires creating an environment in which team members may freely express themselves.
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find the sales tax on a purchase of $18.95 if the tax rate is 6%. responses $1.85 $1.85 $1.92 $1.92 $3.25 $3.25 $1.14
The sales tax on a purchase of $18.95 if the tax rate is 6% is $1.14
Define sales tax.The consumer can usually be asked to pay the tax at the time of purchase under most legal provisions. Typically referred to as a use tax, this tax is imposed on goods or services and is paid by the consumer directly to the government. Food, education, and medicine are just a few examples of the goods and services that are frequently exempt from sales and use tax. Sales taxes are related to value-added taxes (VAT) that are levied on goods and services.
Given:
$18.95 = 100 percent
$x? =6 percent
rule of three
$18.95 = 100%
$x? =6%
18.95 / 100 = x / 6
x = (18.95 × 6)/100
x = 113.7/100
x = 11.37 = 11.34
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open market operations take place when the central bank ____ in order to influence the quantity of bank reserves.
Open market operations take place when the central bank sells or buys U.S. Treasury securities in order to influence the quantity of bank reserves and the level of interest rates.
The Federal Reserve's open market operations (OMOs)—the purchase and sale of securities in the open market by a central bank—are a key tool in the implementation of monetary policy. The Federal Open Market Committee establishes the short-term goal for open market operations.
What are some examples of open market operations?
The Federal Reserve Bank (Central Bank of United States) purchased $175 million MBS from banks originated by Fannie Mae. read more, Freddie Mac, and the Federal Home Loan Banks. ...As the Fed's short-term treasury bills matured, it used the proceeds to buy long-term Treasury notesLearn more about open market operations (OMOs) to visit this link
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in a purchase commitment, if market price at acquisition is less than the contract price, the purchase is recorded at what price
In a purchase commitment, if market price at acquisition is less than the contract price, the purchase is recorded at market price.
A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date.
Contract, in the simplest definition, a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting.
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Compute depreciation expense for 2022 and 2023 using (1) the straight-line method, (2) the units of activity method, and (3) the double-dedining balance method. Depreciation Expense 2022 2023 (1) $ Straight-line method 2600 $ 36000 (2) Units-of-activity method $ (3) Double-declining balance method $ 19500 $ 73125 Linton Company purchased a delivery truck for $34,000 on January 1, 2022. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2022 and 12000 in 2023
Depreciation Expense 2022-2023 (1) $ Straight-line method 2587.50 $ 28500 (2) Units-of-activity method $ 3200 $ 2400 (3) Double-declining balance method $ 24000 $ 43900.
What does "straight line method of depreciation" mean?The value of a fixed asset is decreased over the course of its useful life using a popular depreciation method called straight line depreciation. Over the course of the asset's useful life, it is used to lower the carrying amount of a fixed asset. The cost of an asset is depreciated by the same amount over each accounting period when using straight line depreciation.
Why do people adopt the straight-line method?By assuming a constant depreciation expense throughout each accounting period, the straight line basis depreciation technique estimates the value of an asset's wear over its useful lifespan. The value of an asset is expensed over accounting periods on a straight line basis by businesses in order to lower net income.
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a company has sales of $119,000; cost of goods sold of $74,870; and total direct expenses of $8,620. the department’ contribution to overhead is:
The department’ contribution to overhead is $35510.
How to calculate the department contribution to overhead?Given, sales= $119,000;
cost of goods sold= $74,870;
total direct expenses= $8,620.
Gross profit = Sales - (COGS + Direct expenses)
Gross profit = $119,000 - ($74870 + $8620)
Gross profit = $35,510.
What are direct expenses?Direct costs, commonly referred to as costs of goods sold (COGS), are expenses that are entirely attributable to the creation of a particular commodity or service. These expenses cover the direct costs of the materials required to make the product as well as maybe any labor charges that are utilized only to make the product.
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Which of the following is the MOST concerning when getting political information from social media outlets?
A.
political discussions can be negative and discouraging
B.
political groups can be formed to feed information to people who want it
C.
political information shared on social media sites can be wrong
D.
political ideas can spread quickly and start dangerous movements
The most concerning option when getting political information from social media outlets is that C. political information shared on social media sites can be wrong.
What challenge follows from political information on social media?When you get political information from social media, you should be careful of it because it can turn out to be wrong. Using it therefore, would be a perv-ersion of the truth.
The reason why one might fine incorrect political information on social media is that not everyone online beleieves in fair and equal methods of getting their opinions out there. They might therefore spread false information regardless of the consequences.
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