Answer:
yes
Explanation:
he did to attract customers
Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:
1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
Fariq purchases and places in service in 2020 personal property costing $2,611,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Fariq can deduct, ignoring any taxable income limitation
The maximum deduction that Fariq can deduct is $1,019,000
Solution
In the year 2020, the Sec 179 deduction expense is given as 1040000 dollars. This the deduction expense given that the qualifying personal property has a worth that is greater than 2590000 dollars.
Then the phase out would be the difference between the amount of investment and property cost
Phase out = 2611000 - 2590000
= 21000 dollars
Maximum Sec. 179 deduction = $1,040,000 - 21000
= $1,019,000
The maximum deduction that Fariq can deduct is therefore $1,019,000
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If a product has an inelastic demand, then
a. demand shifts to the right for an inferior product.
b. the quantity demanded at any price will decrease.
c. the demand for substitute products will decrease.
d. consumers will move toward a new equilibrium in the quantities of products purchased.
e. the marginal utility of normal products will increase.
An important part of dashboard design is ensuring that charts, graphs, and other visual elements are cohesive. This means that they are _____ and make good use of available space.
An important part of dashboard design is ensuring that charts, graphs, and other visual elements are cohesive. This means that they are balanced and make good use of available space.
A dashboard simply means a visual display of the vital information needed in order to achieve a given objective. It should be noted that dashboards are important as they influence the behavior of a user and boost retention rates.
An important part of dashboard design is ensuring that charts, graphs, and other visual elements are cohesive. Therefore, cohesiveness simply means that they are balanced and make good use of available space.
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Which of the following statements pertain to a joint venture and not to a partnership business arrangement?
I.It has a limited purpose
II.It is a business relationship between several entities
III.Involves the sharing of gross returns rather than profits
IV.Each person or entity involved is liable only for an agreed-upon portion of the liabilities
V.Allows for the right of each person or entity involved to dispose of any interest in the property subject to the agreement
Review Later
I, III, IV and V only
II and III only
I, II, III, IV and V
I and II only
The statements that pertain to a joint venture and not to a partnership business arrangement are: I and II only.
A joint venture is a business arrangement that is entered into by two or more business entities who pool resources together to venture into a business where resources will be shared.
This is different from a partnership that involves two or more people who decide to run a combined business.
So, the major difference between these two is that joint ventures are mainly entered because of a particular project.
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If Maverick Incorporated can reasonably estimate warranty costs as 2% of total monitor sales each year, what will the company need to do to account for the lifetime warranty in its financial statements
Answer:
Record it as a liability
Explanation:
If Maverick Incorporated can reasonably estimate warranty costs as 2% of total monitor sales each year, the company needs to record as per liability account for the lifetime warranty in its financial statements.
What is Liability?Accounts payable, wages and taxes are examples of current responsibilities, which are fully owed for continuing costs. Current obligations will also include costs on long-term debt due in the subsequent year.
Liabilities include things like -
a bank loan
a mortgage loan
Amount due to suppliers (accounts payable)
Settled wages
tax debt
Liabilities are listed on a corporation balance sheet. The entire number of liabilities must match the contrast between the total quantity of assets and the total quantity of equity, according to the accounting equation.
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In property and casualty insurance the combined ratio is equal to ______________________ divided by total premiums written. the sum of the loss ratio plus loss adjustment expenses
The formula for deriving the combined ratio is {(Sum of the loss ratio + General expenses + broker's commissions) / Total premiums written].
In insurance, the combined ratio is used to measure the profitability of an insurance company in terms of its daily underwriting business.
The formula for deriving the combined ratio is {(Sum of the loss ratio + General expenses + broker's commissions) / Total premiums written]In conclusion, the combined ratio helps to evaluate the insurance company's profitability and financial health through measurement of its day-to-day performance.
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Types of report writing.
Answer:
here are three examples
Explanation:
1. formal or informational reports
2. short or long reports
3.proposal reports
Brian Wilson plans to invest in a rental property worth $250,000. He plans to hold the property for 6 years and expects to sell it for $280,000 at the end of the sixth year. He estimates that the average monthly net income from renting the property will be $3,450. His target return is 10%. Calculate the net present value of the investment.
Answer:
I do not know anything at all
Compare your results to the industry ratios and describe what NMC should do to improve its position in the market.
Answer:
sorry need points ok.
Explanation:
sorry talaga ha
pero wag kayong magalit
ayaw kasukowag kang magalitnever angryThe increase or decrease in owner's equity is reported on the
Question 9 options:
income statement.
statement of owner's equity.
balance sheet.
All of the above
Answer:
Statement of Owners' Equity
Explanation:
The Statement of Owners' Equity, also referred to as Statement of Stockholders' Equity, is a financial statement used to report the changes in the all of the equity accounts of a corporation. It also reports number of shares and any changes in a firm's preferred, common, and treasury stock that occurred during the year.
The Income Statement (also referred to as the Statement of Earnings) reports the net income or loss of a company for a specific period. It only reflects revenues and expense accounts of the firm, and not the equity accounts.
The Balance Sheet (also referred to as the Statement of Financial Position) reflects the assets, liabilities, and stockholders' equity accounts of a company as of a specific date. The information contained in its "Stockholders' Equity" section comes from the Retained Earnings Statement. However, the Balance Sheet does not provide the changes in the equity accounts of a company.
Therefore, the correct answer is Statement of Owners' Equity.
NETWORK MARKETING IS ONE of the
most fun and rewarding businesses in the world, but eventually all network marketers are faced with certain widespread and universal challenges. No matter how long we participate in MLM and no matter how successful we become, there is always the possibility that we will be shot down temporarily by the most prevalent and dangerous weapon of all the Rejection Rocket. It can and will strike any time, rendering us virtually immobile, thus destroying our enthusiasm and excitement, which are essential qualities for success.
Rejection by Your Spouse
EVERYONE faces rejection in life, but what makes our form of rejection so very devastating is that it often comes from the very people we most love and respect: our spouse, our parents, our best friends and business associates. We are convinced that rejection causes more people to fail in MLM than any other factor, and often they fail literally before they ever begin because their approach is from the head, not the heart. Here’s the classic scenario.
Bob is at a transitional place in his life and open to a career change. He is receptive to listening to a new business concept. He goes to a network marketing meeting and for the first time everything makes sense. He may
CHAPTER 1
have considered working in this industry four or five times before, but he was never in a “change” mode during previous presentations. Now, because he’s about to be laid off, he has does Bob begin to see the wisdom in networking, but he actually finds himself enthusiastic about the earnings potential. Throughout the second half of the one-hour presentation he begins to make a mental list of the friends and associates whom he knows would be excellent at recruiting. Now lets look at two possible outcomes. Regardless of whether Bob actually signs up or not, he’s about to be attacked by the first adversary in this business. And unless the person conducting the presentation prepares Bob and the others for what is going to occur, by presenting certain facts at the end of the first recruiting interview, Bob is going to quit before he ever begins. Later, we’ll return to the particular details of this story, but first let’s see what happens to Bob once he leaves the presentation. In fact, we’ll examine several scenarios.
Because the timing is right in his life, Bob is excited. And because Bob knows several people who will be naturals at recruiting, he can hardly wait to break the news to them that he found the “ultimate opportunity”. If the person who introduced Bob to MLM is one of those folks who signs people up at the first interview,
Answer:
do whatever job you think it is
Explanation:
Answer:
I don't get what you are asking
Explanation:
If Dr Oz Sleep gives 10 off coupon on its mattresses then what's one of them's mattress price of purchase, The original price is $899?
Answer:
89.9$
Explanation:
I just do it?
also if wrong I am so sorry
Which of the following might be part of a business case in favor of the mount lemmon fire district hiring employees with a broader range of ages
The option that demonstrates a business case in favor of the Mount Lemmon fire district hiring employees with a broader range of ages is: Firefighters who are older might also have more valuable experience.
A business case that favors an entity is one that is beneficial to the growth of the business.
When a business decides to hire individuals from a younger age bracket to an older age bracket, they are doing this not just to suit the law but to also benefit themselves. If the older firefighters have more experience on the job, then they have more capable hands to help their business.So, hiring older firefighters with more experience might be a purpose of hiring employees with a broader age range.
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Suppose you are the owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, requiring you to increase your output to 101 boxes. She offers you $1.50 for the additional box. Should you produce it? Why or why not?
Answer:
we cant say beacause we dont know average variable cost.
Explanation:
Since we don't know the typical variable cost, we are unable to say.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
The owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, Since we don't know the typical variable cost, we are unable to say.
Therefore, Typical variable cost, we are unable to say.
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A growing trend for regulating natural monoplies is the use of incentive regulation. A) Describe how incentive regulation works to improve efficiency in the market. B) Describe how the company can benefit from incentive regulation. C) Discuss common problems that might exist with incentive regulation.
The government is known to regulate monopolies through Price capping where they reduce price increases.
A. How incentive regulation works to improve efficiency in the market;
Incentive regulation is uses via regulatory tools, price setting regimes along with some self incentives. The efficiency improvement by incentive regulation is done through controllable costs, benchmarking and the setting of performance targets associated with both rewards and penalties.
Incentive regulation is the known way of conducting price level regulation. It also improves efficiency as it hinders or mitigate revenue erosion as it measures both inputs and outputs.
B. How the company can benefit from incentive regulation.
The benefits of the company is that it makes a lot of opportunities available for maximizing earnings via internal efficiency methods such as reduction in both capital and operating expenditures.
C. The common problems that might exist with incentive regulation.
Incentives regulation often brings about a number of challenges, such as;
Holding or maintaining incentives for cost reduction and still adjusting prices to underlying costs. Prices need to be set so that the regulated firm benefits from cost reduction.It makes sure that firms have a good amount of assurance of cost-recovery, while limiting the length for “gold-plating as a result of set out or guaranteed returns on investment. In this way, organizations will only invest if sunk costs can be gotten back via retained cost savings. It makes sure that operators do not jump on quality.Learn more from
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Brainliest if you answer help
Answer:
probably 2...............
1. Give short introduction of the professions in public service sector.
Explanation:
#1 Listen to the team. ...
#2 Respect the chain of command. ...
#3 Get your hands dirty. ...
#4 Deliver on promised results. ...
#5 Resolve conflicts quickly. ...
#6 Value people. ...
Organizational cohesiveness. ...
Respect and trust.
If your main focus is to be able to buy or sell an investment quickly without substantially affecting the investment's value, you are most concerned with a. Income b. Growth c. Liquidity d. Business failure risk e. Market risk
Answer:
C. Liquidity
Explanation:
Please pick one of your favorite or least favorite brands and go to its website. Please evaluate the website according to 7 C's: context, content, community, customization, communication, connection, and commerce. Please summarize whether you consider the website effective/ineffective and what recommendations you would make to the brand in improving the website.
how can we manage tour from Heathrow Airport to London?
Answer:
Heathrow Airport, originally called London Airport until 1966 and now known as London Heathrow, is a major international airport in London, England. With Gatwick, City, Luton, Stansted and Southend, it is one of six international airports serving the London region.
Explanation:
hope it's help
The Washington Post Company's ownership structure. They have two classes of stock, one of which has super voting, meaning one class of shareholders has more say than the other class. Do you think this is a smart structure? What are the advantages and disadvantages of this structure?
I think two classes of stock is a smart structure.
Advantages of the two classes of stock
It protects the firm against a hostile takeoverIt gives management greater ability to make decisions.Disadvantages of the two classes of stock
Ordinary shareholders have a limited ability to effect changes in the firm.A dual share class structure is when there are two classes of stock: the owners and management have greater voting rights while the shareholders have a limited voting right. This structure prevents the firm against a hostile takeover.
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Suppose that Beltran Corporation uses all-equity financing and that Beltran’s market value in one year’s time will be either $100 million or $50 million depending on the success of new product innovations. Currently, investors view the outcomes equally likely, but Beltran’s CEO Kim Smith has information that success is virtually certain. Will leverage of $25 million make Smith’s claims credible? How about leverage of $55 million?
With a leverage of $25 or $55 million, the risk of failure is diversified among equity and debt holders. Financial leverage has its risks. It will impact success negatively if the debt leverage does not add more value.
However, if Beltran Corporation achieves success with the added leverage, the equity's returns will increase because of the increased volatility.
On the other hand, debt leverage increases the cost of capital when calculating the weighted average cost of capital. The increased cost of capital reduces the market value of equity.
Data and Calculations:
Expected market value of equity with product success = $100 million
Expected market value of equity without product success = $50
Probability of product success = 50%
Expected market value of equity with or without product success = $75 million ($100 x 50% + $50 x 50%)
Thus, the leverage of either $25 or $55 million does not drive successful outcomes unless success depends solely on more funding.
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Consumer A consumes gasoline Rmb 200 yuan while consumer B purchases 20 liters of gasoline every time. What are the price elasticities of these two consumers?
The price elasticity of these two buyers is different because consumer A only has 200 yuan and buys as much gasoline as can be with that money, while consumer B needs 20 liters regardless of its price.
The price elasticity of demand is a term that refers to the change in the quantity demanded of a good when its price changes. According to the above, the elasticity of the consumer A does vary because he only has 200 yuan to buy gasoline, so if the value of gasoline increases, he will be able to buy less gasoline.
On the other hand, consumer B does not have much interest in the value of gasoline because he needs 20 liters, that is, if the value increases or decreases, he will continue to buy the 20 liters regardless of its value.
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Amy convenes a meeting to rethink the organizational structure to avoid being beat to the market by a competitor again. Based on your initial impressions of the situation, which solution do you think might be more effective: increase formalization or reduce hierarchy
Amy should reduce hierarchy if she wants to avoid being beaten by competitors.
A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.
The advantages that Amy will achieve by delayering or reducing hierarchy include:
Simplifying the organization's management structuresReducing its bureaucracyCutting its communication pathsSpeeding up decision-makingPushing responsibility down to lower organizational levels (through empowerment).
Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.
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Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following ways except
Answer:
It eliminated the need for fixed costs.
Explanation:
Jake Nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following ways except that it eliminated the need for a fixed cost.
Crowdsourcing simply means a sourcing model where individuals or organizations obtain goods or services from a large group of participants.
It should be noted that Jake Nickells crowdsourcing approach to his business initially kept the business finances under control as it enabled bulk printing, eliminated the need to hire employees, etc. It should be noted that it didn't eliminate the need for a fixed cost.
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What is the most financially dangerous way to pay for college?
Scholarships
Cash
Credit cards
Federal student loans
Answer:
The most financially dangerous way to pay for college is Federal student loans since they have a large return rate. They are going to have to be paid back and most of the time you will pay more trying to pay off the loan than paying for the college.
Explanation:
Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $_____.
Based on the cleaning and revenue costs, we can calculate that the contribution margin is $150
The contribution margin refers to the amount left from revenue after variable costs are removed.
Contribution margin = Revenue - Variable costs
The contribution margin here is therefore:
= 250 - 100
= $150
In conclusion, the contribution margin is $150.
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Identify THREE factors you would take into account when scheduling an appointment for an executive who is travelling to Madrid next month.
1. The budget
2. The traveler's flight preferences
3. If the executive's passport is valid and will not be expiring in the near future.
How does the Army Corps of Engineers affect agriculture?
A.
They oversee safety standards.
B.
They develop new pesticides.
C.
They develop new machinery.
D.
They oversee some waterways.
Answer:
D. They oversee some waterways.