Business Entity Assumption is the accounting principle followed in this particular situation while preparing financial statements for dockside digs.
Business entity assumption, occasionally appertained to as separate entity assumption or the profitable entity conception, is an accounting principle that states that the fiscal records of any business must be kept separate from those of its possessors or any other business. All income deduced from the company's operation must be recorded as earnings and all charges must be those belonging solely to the business. Any particular charges of the proprietor shouldn't be passed on to the company. This strict adherence to separation allows the business to be estimated for profitability and duty purposes grounded on accurate fiscal data rather than a muddled blend of particular and business finances. It's also applied to all businesses indeed if fairly a business and its proprietor as viewed as the same reality.
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an account planner is planning their company's online advertising budget on a monthly basis. they choose ads performance planner for help accomplishing this task.
The account planner use Ads Performance Planner as a tool to assist in monthly planning and management of the company's online advertising budget as well as to enhance the effectiveness of their online advertising campaigns. A company's advertising budget must be planned and managed by an account planner.
In this case, they've decided to employ Ads Performance Planner to assist them in completing the process of monthly budget planning for the company's online advertising. The account planner may use the Ads Performance Planner application to evaluate the effectiveness of their online advertising campaigns and come to wise judgments about how to spend their advertising budget. It offers information on variables like click-through rate, conversion rate, and cost per click, which may be used to determine the most successful campaigns and distribute funds appropriately.
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a. given the information above, what is emmanuel's optimal amount of time spent gardening each week?
4 hours. given the information above, emmanuel's optimal amount of time spent gardening each week By dividing the change in total cost by the change in quantity, one may calculate marginal cost.
The total cost benefit, on the other hand, is calculated by dividing the change in the overall benefit by the change in the quantity. The utmost price a buyer will pay for an extra commodity or service is known as the marginal benefit. A marginal advantage is also the extra happiness a customer experiences after buying the extra commodity or service. The marginal benefit often declines with rising consumption.4 hours.given the information above, emmanuel's optimal amount of time spent gardening each week By dividing the change in total cost by the change in quantity, one may calculate marginal cost.
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managerial accounting report both monetary and nonmonetary information. examples of nonmonetary information include:
Employee satisfaction statistics are an example of non-monetary information.
How is employee satisfaction determined?Employee happiness and needs being met at work are referred to as being satisfied, in terms of employee satisfaction. The most important aspect of employee happiness is that contented workers must perform their duties and provide the company with the contributions they require.
What do "financial" and "non-financial" information mean?monetary or non-monetary approach. Cash, accounts payable and receivable, and long-term debt are translated using this approach at the current exchange rate, whereas inventories, fixed assets, and long-term investments are translated using historical exchange rates.
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which of the following should you do during business phone calls to get the most out of them? (choose every correct answer.)
You should make the call your entire focus; you should avoid multitasking.
What is multitasking?When a person does multiple tasks at once, this is known as multitasking. Examples include talking on the phone and watching television at the same time as you chew gum or write emails during a conference. According to research, multitasking has benefits and drawbacks. The ability to multitask is seen as a skill in the workplace, but research published in the Journal of Experimental Psychology: Human Perception and Performance shows that multitasking is less effective since it takes longer for the brain to move between tasks. A skill set known as multitasking abilities often enables you to manage numerous responsibilities at once. When you have these abilities, you typically understand the significance of concentrating on a single activity while monitoring other tasks.
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Which of the following statements is true?
A. A particular cost is either direct or indirect, regardless of the cost object.
B. As long as a cost is traceable to a specific cost object, it is direct cost.
C. A regional sales manager's salary would be a direct cost of the regional office in which the sales manager works.
D. A direct cost is sometimes referred to as common cost.
One can easily link a direct cost to the specific cost item. The manufacturing manager's pay would be categorised as indirect compensation.
Salary: Is it a direct cost?Yes, salaries are a direct expense for businesses providing professional services. Any expense that is directly related to the completion of a project or provision of a service is considered a direct cost by PS businesses.
Which of the following costs falls under departmental accounting's indirect expense category?Indirect expenses include things like office costs, rent, supervisor wages, phone costs, and energy costs in addition to accounting, auditing, and legal fees.
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Which of the following video ad formats are optimized for engagement and designed to help customers think of you first when they’re looking to buy?
a. Non-skippable in-stream ads and in-feed video ads
b. Non-skippable in-stream ads and skippable in-stream ads
c. Skippable in-stream ads and bumper ads
d. Skippable in-stream ads and in-feed video ads
a. Non-skippable in-stream advertisements and in-feed video ad formats are geared for connection and designed to make people think of you first when shopping.
Understanding the QuestionThe question is asking about video ad formats that are optimized for engagement and designed to help customers think of the company first when they are looking to buy.
Researching the OptionsThe options given are non-skippable in-stream ads and in-feed video ads, non-skippable in-stream ads and skippable in-stream ads, skippable in-stream ads and bumper ads, and skippable in-stream ads and in-feed video ads.
Evaluating the OptionsNon-skippable in-stream ads and in-feed video ads would be the most effective choice as they are not skippable, meaning they will be seen by viewers, and they will also be seen in the feed, increasing the chance of the ad being seen by potential customers.
Making a DecisionThe best option for optimizing engagement and helping customers think of the company first when they are looking to buy is non-skippable in-stream ads and in-feed video ads.
Justifying the DecisionNon-skippable in-stream ads and in-feed video ads are the best.
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If Canadian speculators believed the Swiss franc was going to appreciate against the U.S. dollar in 30 days, what action they would take now?
Sell Swiss francs
Purchase U.S. dollars
Purchase Canadian dollars
Sell Canadian dollars to purchase U.S. dollars
Purchase Swiss francs
If Canadian speculators believed the Swiss franc was going to appreciate against the U.S. dollar in 30 days, they would take the following action now: sell Swiss francs, purchase U.S. dollars, purchase Canadian dollars, and sell Canadian dollars to purchase U.S. dollars.
By selling Swiss francs and purchasing U.S. dollars, the speculators are betting that the Swiss franc will appreciate against the U.S. dollar in 30 days. By purchasing Canadian dollars, the speculators are hedging their bets by buying a currency that is expected to remain stable against the U.S. dollar. Finally, by selling Canadian dollars to purchase U.S. dollars, the speculators are further hedging their bets by buying a currency that is expected to appreciate against the U.S. dollar. Additionally, the speculators may also choose to purchase Swiss francs in order to take advantage of the expected appreciation of the Swiss franc against the U.S. dollar. By purchasing Swiss francs, the speculators are betting that the Swiss franc will appreciate against the U.S. dollar in 30 days. This strategy is known as a "long" position, as the speculators are betting that the Swiss franc will increase in value. By taking this action, the speculators are hoping to make a profit when they sell the Swiss francs at a higher price in 30 days.
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assuming households want to save/lend, which of the following statements is true about government borrowing in a perfectly closed economy
An economy that is closed to international trade, or that does not import or export products and services from other nations, is referred to as a closed economy.
Is there government spending in a closed economy?An economy that is closed to international trade, or that does not import or export products and services from other nations, is referred to as a closed economy. Because all items must be produced and consumed within a single economy, locked economies develop more slowly than open economies. Economics: Open and Closed Exports, imports, and capital flows are all absent in a closed economy, which has no interaction with other economies on a global scale. An open economy engages in free trade with other economies on a global scale.This phenomenon, referred to as "crowding-out," occurs as a result of higher interest rates brought on by the increase in government spending, which lowers investment appeal. When a result, the equilibrium shifts from point E2 to point E3 as government spending increases and decreases private capital investment.To learn more about closed economy refer to:
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Miley’s business of gift items is earning her good profits. She is the sole proprietor of the business and wishes to expand it. However, she does not want to include too many stockholders in the business. Which type of business structure might be ideal for Miley?
A.
corporation
B.
sole proprietorship
C.
C corporation
D.
S corporation
In a case whereby Miley’s business of gift items is earning her good profits. She is the sole proprietor of the business and wishes to expand it, the type of business structure might be ideal for Miley is B.sole proprietorship.
What is sole proprietorships?An individual, a business, or a limited liability partnership can all own and manage a sole proprietorship. The company doesn't have any partners. A sole proprietorship has the following legal standing: It is not a different legal entity from the proprietor of the business.
A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.
Therefore, option B is correct.
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companies sometimes sell services to customers on account. these amounts owed by customers are known as ____ .
A customer's debt to a business for products or services they purchased on credit is represented by the asset account known as accounts receivable. Because it is typically anticipated to be paid back within a year, it is regarded as a short-term asset.
What sort of service would that be?
A service is defined as a "(intangible) act or usage for which a consumer, business, or government is willing to pay." Barbers, medical professionals, legal professionals, mechanics, banks, insurance companies, and other experts are a few examples. Public services are those that the entire society pays for (country, state, fiscal union, or region).
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james and chang are engaged in a negotiation with each other. in order for james to be a successful integrative negotiator, identify the trait that he should possess.
james and chang are engaged in a negotiation with each other. in order for james to be a successful integrative negotiator, identify the trait that he should possess is He ought to be systems-oriented.
We engage in negotiations on a daily basis. You bargain over a variety of things, including what you want to eat, watch movies, your needs, wants, and emotions.
When used in a professional context, the term "negotiation" describes the strategy used by parties who are trying to achieve an agreement on a concession by coming up with a workable solution.
What is the Integrative Negotiation Style?
The integrative negotiation approach is distinguished by the desire for a win-win outcome for both parties. Win-win or interest-based negotiating are other names for it.
Integrative negotiation focuses on creating agreements that are advantageous to both parties and are based on their shared interests.
The parties involved in the negotiation's interests are represented by their needs, wants, and worries. These are the reasons why individuals frequently disagree during negotiations because neither party pays attention to them.
When negotiating, the term "integrative" refers to the potential for the interests of the parties to coincide in ways that produce a shared benefit.
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concerning the management of foreign exchange risk, some business firms do not hedge at all either because they cannot determine how much money will be coming in from abroad, or because they have a deliberate strategy of allowing currencies to balance each other out around the world.concerning the management of foreign exchange risk, some business firms do not hedge at all either because they cannot determine how much money will be coming in from abroad, or because they have a deliberate strategy of allowing currencies to balance each other out around the world. T/F
Concerning the management of foreign exchange risk, some business firms do not hedge either because they cannot determine how much money will be coming in from abroad, or because they have a deliberate strategy of allowing currencies to balance is true.
What does "management of foreign exchange" mean?Foreign exchange markets are crucial in order to promote cross-border investment, trading, and financial activity. Using these markets, businesses can convert their current currency or deposit into the one they want to use for foreign exchange operations.
In order to facilitate Indian trade and payments overseas, the Foreign Exchange Management Act, or FEMA, was principally developed. Additionally, it was designed to aid in the orderly expansion and maintenance of India's foreign exchange market. There are three types of foreign exchange risk: transactional, translational, and economic.
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manufacturing costs include . multiple select question. O selling costsO direct laborO direct materials manufacturing overhead O administrative costs
Materials, personnel, and overhead are the three main areas of costs in the manufacturing industry.
What are the many types of manufacturing?Manufacturing is the process of converting raw materials or component components into completed products using tools, labor, machine, and chemical processing. Manufacturing helps businesses to recoup their initial investment in raw resources by charging more for finished goods.
Who is the manufacturer, exactly?A manufacturer is what? A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those goods to consumers, merchants, distributors, retailers, or other manufacturers who can use them to make more complicated products.
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Which of the following functions does a government perform in a market economy? (choose all that apply)
But in market economies, economists recognise six main tasks for the government. Governments maintain competition, provide goods and services to the general public, redistribute income, and take externalities into account and stabilise.
The economy in addition to providing the legal and social framework. A competitive market is necessary for the sale of goods and services in a market economies. When all buyers and sellers have equal access to information regarding prices, supply, and demand account, the market is considered to be efficient. Therefore, variations in price are merely a reflection of the rules of supply and demand. In a market economy, the government has a place. Certain goods and services are provided by the government.
above mention que is incomplete complete Which of the following functions does a government perform in a market economy? (choose all that apply) ensures healthy competition, protects consumers and workers, safeguards personal property rights
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ensures healthy competition,
protects consumers and workers,
safeguards personal property rights
Explanation:
Company A has high Operating Income Margin, but low Net Profit Margin. Which one of the following ratios is the most interested in looking into? (Assume that unified corporate tax is applied to all firms)
Total Asset Turnover Ratio
Return on Asset Ratio
Interest Coverage Ratio
Price-to-Earnings
Total Asset Turnover ratio, Corporation A has a high Operating Income Margin but a low Net Profit Margin.
After variable expenses of production are deducted, such as wages and raw materials, but before interest and taxes are taken out, the operating margin is the amount of profit left over from each dollar of sales.
It's determined by comparing operating profits to net sales. Generally speaking, higher ratios are preferable, since they show that the company is efficient in its operations and adept at converting revenues into profits.
Operating margin, often known as return on sales (ROS), is a measure of a business's success and efficiency in turning sales into profits. Investors and lenders pay special attention to it since it reveals the proportion of revenues that can be used to cover non-operating costs like interest.
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under the uniform securities act, an agent may engage in which of the following transactions? i performing investment advisory services for customers as long as they are solely incidental to his work as a broker and no fees are charged ii soliciting orders for non-exempt unregistered securities if he is registered in the state iii effecting transactions in a state where he is not registered, but where the broker-dealer is registered iv effecting transactions in a state where the broker-dealer is not registered, but where he is registered
Under the Uniform Securities Act, an agent may engage in performing investment advisory services for customers as long as they are solely incidental to his work as a broker and no fees are charged.
This is because the Act allows agents to provide investment advice as long as it is incidental to their primary role as a broker, and as long as they don't charge a separate fee for this service.
Soliciting orders for non-exempt unregistered securities if he is registered in the state. This is allowed under the Act as long as the agent is properly registered and the securities are non-exempt, meaning they are not exempt from registration requirements. It is worth mentioning that iii. effecting transactions in a state where he is not registered, but where the broker-dealer is registered, is not allowed under the Uniform Securities Act. The agent must be properly registered in the state where the transactions are taking place .
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A company issues $10,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2014. Interest is paid on June 30 and December 31. The proceeds from the bonds are $9,802,072. Using effective-interest amortization, how much interest expense will be recognized in 2014?
a. $390,000
b. $780,000
c. $784,249
d. $784,166
Interest expense will be recognized in 2014 is $784,249. The interest expense for 2014 is calculated by multiplying the bond discount by the ratio of the time elapsed from the bond's issuance to the end of the year to the bond's total term.
Effective-interest amortization is a method of bond amortization that allocates the bond's discount or premium to interest expense over the life of the bond. It is based on the bond's effective yield, which is the rate that discounts the bond's future cash flows to its proceeds.
In this case, the bond's effective yield is 8%, and it pays interest semi-annually on June 30 and December 31.
Therefore, the bond's annual interest expense is $780,000 (7.8% x $10,000,000).
The bond discount must be amortized to interest expense over the life of the bond. The bond was issued on January 1, 2014, and the year ended December 31, 2014. So, the time elapsed is 0.5/20 of the bond term.
The bond discount is $197,928 ($10,000,000 - $9,802,072)
Therefore, the interest expense for 2014 is:
$780,000 + $197,928 * (0.5/20) = $784,249
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fill in the blank. when a customer places an order at bookbox, the company processes the customer's payment information, sends the order to the nearest warehouse, and ships the order via fedex. this is best described as the___process.
order fulfillment when a customer places an order at bookbox, the company processes the customer's payment information, sends the order to the nearest warehouse.
and ships the order via fedex. this is best described as the order fulfillment process. the process of receiving an order from a customer, processing the payment information, sending the order to the nearest warehouse, and shipping it to the customer via a delivery service such as FedEx is known as the order fulfillment process. It also involves tracking the order and communicating with the customer throughout the process to ensure a smooth and satisfactory delivery experience.when a customer places an order at bookbox, the company processes the customer's payment information, sends the order to the nearest warehouse. the process of receiving an order from a customer, processing the payment information, sending the order to the nearest warehouse, and shipping it to the customer via a delivery service such as FedEx is known as the order fulfillment process.
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using the tax rate schedule in exhibit 4-6, determine the amount of taxes for the following taxable income amounts: 50000
The taxes for the following taxable income amounts are $11,252, $12,489, and $12,643 using the tax rate schedule in exhibit 4-6.
The tax rate you will pay on each component of your income is displayed in tax brackets. For instance, the first $10,275 of your income in 2022 will be subject to the lowest tax rate of 10% if you are single. Up until the maximum amount of your taxable income, the following portion of your income is taxed at a rate of 12%.
Calculation:A head of family earning $75,927 in taxable
income would earn $11,252.
$75,227 in taxable
income for a single person is $12,489
A married individual with taxable income of $75, 945
would pay $12, 643 on a separate return.
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mexico is one of the major trading partners of the united states and its economy (mexico) is currently experiencing an economic contraction with lower than expected gross domestic product. other things being equal, us exports to mexico will and gdp of the us will subsequently . group of answer choices none of the answers given is correct increase ; stay the same decrease ; decrease decrease ; increase stay the same ; increase
Mexico exports to the US in bilateral trade. Mexico's top export market for goods is the United States.
What is the relationship between the United States and Mexico?
Additionally, between two-fifths and one-half of Mexican imports come from the United States, and about four-fifths of its exports go there.Contrarily, only approximately one-tenth of all U.S. trade is with Mexico. Vehicles, electronics, machinery, mineral fuels, and optics are Mexico's biggest exports to the US.The most in-demand product in the US market is automobiles from Mexico. Mexico is the United States' second-largest trading partner, and vice versa. More than 80% of the USD 373 billion in exports to Mexico in 2016 were bought by the United States.While 47% of USA imports went to Mexico, whose imports totaled USD 387 billion.To learn more about bilateral trade refer to:
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many companies use a variety of media advertising to communicate to diverse audiences rather than personally selling the product because it ______.
Instead of personally selling the goods, many businesses employ a range of media to reach out to a variety of consumers because it lowers the overall cost of sales.
What is meant by overall cost?The total cost is the sum of the variable and fixed costs. For instance, the total cost will be $35 if a company has a fixed cost of $30 per unit and a variable cost of $5 per unit when they raise their output. Total cost is the term used to describe the total cost of ownership, which takes into account the initial cost of an asset as well as the costs of continuous operations, maintenance, and repairs, as well as the benefit of any residual value. a ballpark figure for how much a task, demonstration, or programme will cost overall. The total projected cost is different from a planning estimate in that it is based on concrete details about the technical scope, contracting strategies, timetable, and resource demands.To learn more about overall cost, refer to:
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g a savings account earns 5 percent. if the saver is in a 10 percent tax bracket, the after-tax savings rate of return would be percent. (round your answer to 2 decimal places.) multiple choice 0.50 4.50 10.00 5.25 5.00
Therefore, the answer is 4.50%.. a savings account earns 5 percent. if the saver is in a 10 percent tax bracket, the after-tax savings rate of return would be percent. (round your answer to 2 decimal places.)
You must deduct the tax rate from the savings rate in order to determine the after-tax savings rate of return. Since the tax rate is 10% and the savings rate is 5% in this instance: 5% - 10% = -5% Therefore, the savings rate of return after taxes is -5%. However, as a return cannot be negative, it must be rounded to 0.00%. The solution is thus 4.50%.a savings account earns 5 percent. if the saver is in a 10 percent tax bracket, the after-tax savings rate of return would be percent. (round your answer to 2 decimal places.) in this instance: 5% - 10% = -5% Therefore, the savings rate of return after taxes is -5%. However, as a return cannot be negative, it must be rounded to 0.00%.
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an applicant signs an application for a $25,000 life insurance policy, pays the initial premium, and receives a conditional receipt. if the applicant is killed in an automobile accident the next day
When the insured passes away, the insurance provider pays the full $25,000 death benefit.
What happens to the death benefit of a life insurance plan?
Plans for life insurance provide a death payout should the life insured pass away. When the policyholder and the life insured are the same individual, the plan is cancelled, and the death benefit is paid.Each type of insurance, including life, health, and auto, has its own set of regulations regarding how the insurance coverage would be handled in the event that a policyholder passes away.Learn who is eligible for the benefits and whether the policy has an expiration date for each situation.A policyholder's lawful heir or nominee will be the one who receives the insurance benefits after death.To learn more about death benefit refer to:
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which of the following would all be considered real assets? multiple choice question. automobiles, land, and insurance bank accounts, insurance, and automobiles land, buildings, and equipment stocks, bonds, and insurance
Land, buildings, and equipment stocks would all be considered as real assets. Thus, option (c) can be regarded as the correct option.
Give a brief account on real assets.Real assets are tangible possessions that are intrinsically valuable because of their nature and characteristics. Real assets include natural resources, precious metals, commodities, real estate, land, and equipment. Due to their very low correlation with financial assets like equities and bonds, they can be included in the majority of diversified portfolios. Real, financial, or intangible assets fall into these categories. To a company or an individual, all assets can be said to have economic value. The thing is an asset if it has a value that can be converted into money. Intangible assets are valuable possessions that lack physical characteristics. Patents and copyrights fall under this category. A contractual right or ownership claim provides value to financial assets, which are liquid properties. Financial assets include, for example, cash, stocks, bonds, mutual funds, bank deposits, investment accounts, and other such items.
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in the last row of the table, calculate and enter the value of the upi for the remaining years.
between 2020 and 2021, the upi increased by ____. between 2021 and 2022, the upi increased by ____. which of the following, if true, would illustrate why price indexes such as the upi might overstate inflation in the cost of going to college? check all that apply. professors required each student to buy eight notebooks, regardless of the price. the quality of content provided by streaming services improved dramatically from 2020 to 2022. many companies invested heavily in the actors cast for their original series, but this quality change is hard to measure. as the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead using the copies on reserve in the library. a natural dietary supplement is developed that is clinically proven to safely boost memory.
Regarding the information provided about the cost of going to college, the following statement, if true, would illustrate why price indexes such as the UPI might overstate inflation in the cost of going to college.
As the price of textbooks increased, more and more students turned to the used-book market or chose not inflation to buy textbooks at all, instead using the copies on reserve in the library. A natural dietary supplement is developed that is clinically proven to safely boost memory. It is because these factors can decrease the cost of college for students, but would not be reflected in the UPI.price indexes such as the upi might overstate inflation in the cost of going to college? check all that apply. professors required each student to buy eight notebooks, regardless of the price. the quality of content provided by streaming services improved dramatically from 2020 to 2022. many companies invested heavily in the actors cast for their original series, but this quality change is hard to measure. as the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead using the copies on reserve in the library.
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If an increase in an investment now provides an investor with the ability to exercise significant influence over an investee, the change to the equity method of investment accounting is applied on a ________ basis.
Executives at headquarters are in charge of corporate-level strategy; Business strategies are the responsibility of divisional managers.
Who in an organization is in charge of strategic management?
The CEO is in charge of the strategic planning process and is in command of it. They frequently play the role of the visionary, hoping to present the options available for the future and obtain board approval.
Which division is in charge of strategy?
As a coordinating body, a corporate strategy department creates and implements strategies that advance the company's overall objectives while also meeting the needs of individual departments.
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Last summer, you started a dog walking business in your small town. demand has been steady, but you are concerned about because ___ startup costs are low.O The bargaining power of buyersO The bargaining power of supplierO THe threat of substitutesO Rivarly among competitorsO potential new entrants
Last summer, you started a dog walking business in your small town. demand has been steady, but you are concerned about because Potential new entrants startup costs are low.
When the following conditions exist, there is a high risk of new entrants:
To enter a market, a small amount of capital is required.Existing businesses have few options for retaliation.Customer switching costs are minimal.Businesses that want to enter your market are known as new entrants. The ability of others to enter the market has an impact on your power. When there are low entry costs, few economies of scale, no knowledge-intensity, and little protection of key technologies, new competitors can easily enter your market.
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which of the following statements are true regarding customer funds or securities and broker-dealer's funds or securities? i broker-dealers are allowed to commingle customer funds or securities with their own funds or securities positions ii broker-dealers are prohibited from commingling customer funds or securities with their own funds or securities positions iii an agent can take customer securities into his or her own possession to deliver to the broker-dealer iv an agent cannot take customer securities into his or her possession to deliver to the broker-dealer
The option (iv) that an agent cannot take customer securities into his or her possession to deliver to the broker-dealer, is true regarding customer funds or securities and broker-dealer's funds or securities.
What does a broker-dealer do?A broker-dealer (B-D) is a person or company who trades securities for their own account or on behalf of their clients. Since the majority of stock brokerages function as both agents and principals, the term "broker-dealer" is used to define them in terms of U.S. securities laws.
Who is the agent of the broker?A person who receives compensation for selling securities on behalf of a broker-dealer is referred to as an agent. A broker-dealer is a person or corporation that trades securities for its own account or the accounts of others.
An agent cannot take customer securities into his or her possession to deliver to the broker-dealer. However, he can request that the client transmit money directly to the broker-dealer for credit to the client's account.
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compared to the altitude of the sun obsrved at solar noon on march 21, the altitude of the sun observed at solar noon on june 21 will be
On March 21, the sun will be 90 degrees above the horizon at solar noon. On June 21, the sun was 66.5 degrees above the horizon at solar noon.
Why the Sun is directly overhead at noon on 21st June at?In the northern hemisphere, the summer solstice happens when the Sun is directly overhead at noon on the Tropic of Cancer. The summer solstice occurs on June 21. Throughout the year, the horizon's sunrise and sunset are visible at various times. The Sun rises in the east and sets in the west on the equinoxes, which mark the beginning of spring and fall. Around June 21, the summer solstice, the Sun rises and sets at its northernmost positions on the horizon.
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choose the items below that would be subtracted from the book balance on a bank reconciliation. (check all that apply.) multiple select question. note collected by the bank for the depositor nsf customer check monthly bank service charge monthly check charges assessed by the bank interest earned on the depositor's account cleared checks outstanding checks need help? review these concept resources. rate your confidence to submit your answer.
The items below that would be subtracted from the book balance on a bank reconciliation are NSF customer check, Monthly check charges assessed by the bank, Monthly bank service charge.
A bank reconciliation is what?A bank reconciliation statement links a company's bank account to its financial records by providing a summary of the business and banking accounts.
The statement contains a record of all deposits, withdrawals, and other financial transactions done with a bank within a particular time period. A bank reconciliation is a bookkeeping procedure used to reconcile a bank account's balance reported by the financial institution in the most recent bank statement to the balance recorded in the entity's books.
Any difference between the two figures must be looked into and, if necessary, corrected.
A record of all deposits, withdrawals, and other financial transactions made with a bank over a specific time period are included in the statement.
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