Divide the organization's backside line into three categories: social, environmental, and economic.
Represent every category in phrases of benefits and costs. Calculate net profits the use of traditional accounting techniques to symbolize the the first of the three bottom lines.
Why is triple bottom line important?A extra sustainable future that considers both social and environmental sustainability.
Methods to set dreams and measure and improve sustainable systems.
New ways to generate profit, such as attracting new customers who favor to reduce their have an effect on on the environment.
Especially in cutting-edge marketplace, companies that focus on social and environmental duty can additionally enhance that extra usual metric: profit. "Using the TBL framework opens up many possibilities to enlarge revenues, minimize expenses and build loyalty," Horowitz said.
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https://brainly.com/question/17386608#SPJ4the split-off point is the point at which individual products resulting from a joint process can be identified. true orflase
The split-off point is the point at which individual products resulting from a joint process can be identified. FALSE
A product is an object, or device, or service made to be had for customer use as of the consumer call for; it's miles some thing that may be supplied to a marketplace to fulfill the desire or want of a customer.
A product is any item or service you promote to serve a patron's need or need. They can be bodily or virtual. physical merchandise encompass long lasting items (like vehicles, furnishings, and computer systems) and nondurable items (like food and drinks).
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Beryl enters into a contract with Clay for a guided tour of Deep Canyon. Clay represents that he is an experienced, knowledgeable guide, when in reality he has never been in the canyon. Most likely, Beryla. could exert duress to obtain a new guide.b. can rescind the deal based on fraudulent misrepresentation.c. might recover damages for the mistake.d. must comply with the contract because the representation is an opinion.
Option b is correct. Most likely, Beryla can rescind the contract based on fraudulent misrepresentation.
All parties to the agreement must have "contractual capacity" in order for it to be enforceable. Legal jargon for the minimal mental capacity needed to enter into an agreement is "contractual capacity." In other words, people who lack the legal ability to enter into a contract are deemed to be incompetent, and they have the right to "void," or set aside, the agreement.
Three groups of people are recognized by the law as lacking the competence to enter into a contract: minors, people with psychological disorders, and those who are intoxicated. If any member of these categories signs a contract, they might view it as "voidable." This safeguards the party lacking capacity from being pressured into a deal that takes advantage of his or her lack of business acumen.
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constructing plastic containers produces air pollutants. therefore, in the market for plastic containers, part 2 a. the marginal social cost curve is above and to the right of the demand curve. b. there is a gap between quantity supplied and quantity demanded in equilibrium. c. the marginal social cost curve is above and to the left of the supply curve. d. the marginal social cost curve is below and to the right of the supply curve. e. the marginal social cost curve is below and to the left of the demand curve.
Due to the release of air pollutants during the production of plastic cotainers, the following option will take place in the market for the containers.
C. the marginal social cost curve is above and to the left of the supply curve.
What is a supply curve?A supply curve is a graphical representation of the relationship between the price of a commodity or service and the quantity of that good or service available at any given time. The price is shown on the vertical axis on the left side of the supply curve graph, and the quantity of items is shown on the horizontal axis at the bottom. The supply schedule, a table stating the quantity supplied at each price, is where the data used to draw the supply curve is taken from.
The amount of a resource that businesses, producers, workers, providers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is known as supply in economics.
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Diapers is a product category in the maturity stage of its product life cycle. This means that the manufacturers of diapers:
are most interested in building product awareness
want to create primary demand for the product
have increased trade allowances
are creating product line extensions
This means that the manufacturers of diapers have increased trade allowances. In the maturity stage, income slow down, indicating that the market has begun to attain saturation.
This is additionally one of the stages of the product life cycle when pricing becomes competitive. This makes the profit margins thinner.
At which stage in the product life cycle do sales experience their most fast increase?The standard attribute of a successful new product is a gradual upward jostle in its sales curve all through the market improvement stage. At some factor in this upward shove a marked extend in consumer demand happens and sales take off. The boom is on. This is the opening of Stage 2—the market boom stage.
The central thrust of market messaging and promotion at some point of this stage is “This company is the best!” Pricing additionally will become more aggressive and should be adjusted to align with the differentiation strategy. Often in the growth phase the marketer must pay tremendous attention to distribution.
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https://brainly.com/question/29099285#SPJ4question 5 you run a colleague test on your presentation before getting in front of an audience. your coworker asks a question about a section of your analysis, but addressing their concern would mean adding information you didn’t plan to include. how should you proceed with building your presentation?
Maintain interest and discuss potential repercussions. Even if you have to pretend to be calm, inquire about what took place, and offer any assistance that may be required.
You continually provide the employee with opportunities to grow. Also, be sure to explain what happened when the instructions weren't followed.
If a coworker wasn't putting in their fair share of effort, what would you do?Approach them professionally, but do not immediately approach management. Instead, behave professionally and have an open conversation with the colleague who offended you. Inform them that your performance at work is suffering as a result of their work habits. Also, if you're angry, don't approach them.
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which of the following inputs contains the basic information that will be used by an evaluation body for selecting one or more successful bidders?
The Seller Proposal was one of the inputs since it contained the fundamental data that an evaluation body would utilise to choose one or more winning bidders.
What is basic information?Basic Information refers to Personal Data about a Data Subject, such as their name, address, and means of getting in touch with them. It also includes copies and records of those contacts, messages, and interactions. Include the fundamentals of your company, such as its history, name, address, organisational structure, management, number of employees, and operating hours. To give the reader context, it can be useful to group your company under a particular industry.
What type of information is used in business?General surveys, data, articles, books, references, search engines, and internal records are all sources of business information that a company can use to inform its strategy, execution, and assessment of its operations. These details are also provided by acquaintances, clients, coworkers, and suppliers. Daily newspapers, financial, trade, and association periodicals, databases, government statistics, directories, technical manuals, and a wide range of other sources are examples of published sources. Firm information is essentially any information that aids a business in understanding its surroundings because "information" is defined more by context than by content.
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Mr. and Mrs. Eyre own residential rental property that they would like to dispose of in a nontaxable exchange. Which of the following would not qualify as like-kind property?a. Commercial office buildingb. Undeveloped landc. Warehouse used to store transportation equipmentd. All of the these qualify as like-kind property.
Commercial office building, Undeveloped land, and Warehouse used to store transportation equipment.
the device is a fashion label presently based in Los Angeles, California. initially launched in 1976 by using Christian Restoin, husband of former trend Paris Editor-in-chief Carine Roitfeld, the logo is presently carried in over 60 nations and six hundred retail doors, inclusive of two equipment retail shops.
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in monopolistic competition, once you find the profit-maximizing quantity, how do you find the profit-maximizing price? multiple choice question. you read the corresponding price from the marginal cost curve. you read the corresponding price from the average total cost curve. you read the corresponding price from the marginal revenue curve. you read the corresponding price from the demand curve.
In monopolistic competition, after the profit-maximizing quantity is determined, the profit-maximizing price is determined by reading the equivalent price from the demand curve. Thus, the correct choice is you read the corresponding price from the demand curve.
What is monopolistic competition?Monopolistic competition is a sort of imperfect competition in which several producers compete against one another yet sell items that differ from one another and hence are not ideal replacements. Monopolistic competition occurs when a firm accepts the prices charged by its competitors as given and disregards the influence of its own pricing on the prices of other companies.
Monopolistic competition at its best:
1. Grocery stores: Grocery stores operate in a monopolistic market since there are numerous enterprises selling many of the same commodities but with different branding and marketing.
2. Hotels: A good illustration of monopolistic competition is the hotel industry.
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a client owns a $1,000 10-year bond. the coupon rate is 6%. the client acquired the bond 3 years ago at a discount. what is known about the interest rates 3 years ago?
The hobby price within the USA averaged five. forty-two percent from 1971 till 2022.
The coupon charge is the annual income an investor can anticipate receiving whilst protecting a particular bond. Its miles are constant when the bond is issued and is calculated by means of dividing the sum of the yearly coupon payments by the par value. on the time it's far purchased, a bond's yield to maturity and its coupon charge are equal.
In finance, a chit is the hobby fee received by means of a bondholder from the date of issuance till the date of maturity of a bond. Coupons are normally described in terms of the coupon price which is calculated by adding the sum of coupons paid per year and dividing it by means of the bond's face value.
The coupon rate is the interest price paid by a bond relative to its par or face price. For a hard and fast-charge bond, this may be equal to its complete adulthood.
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Assuming that the standard fixed overhead rate is based on full capacity, the cost of available but unused productive capacity is indicated by the:
factory overhead cost volume variance.
Assuming that the standard fixed overhead rate is based on full capacity, the cost of available but unused productive capacity is indicated by the: factory overhead cost volume variance.
Similar to how direct materials or direct labor are scrutinized for deviations from norms, factory overhead costs are likewise examined. Separating factory overhead costs into their fixed and variable components is the first step.
A controllable variance and a volume variance can be distinguished from factory overhead variances.
The difference between the actual variable overhead expenses and the budgeted variable overhead for real production is known as the variable factory overhead controlled variation.
The planned fixed overhead at normal capacity and the standard fixed overhead for the actual units produced make up the fixed factory overhead volume variance.
Fixed factory overhead volume variance = (standard hours normal capacity – standard hours for actual units produced) x fixed factory overhead rate
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rolex is a luxury brand of watches, and in order to promote its reputation as a first-rate corporation it sponsors the metropolitan opera, a world renowned arts institution. the goal of rolex is to showcase its company image. this is an example of .
The goal of rolex is to showcase its company image , this is an example of institutional advertising.
What is institutional advertising?
Institutional advertising can be described as promotional activities aimed at enhancing brand reputation, building a positive brand image, or encouraging support for a particular brand or organization. Institutional advertising is a strategy to promote an organization and all of its products. Sometimes referred to as corporate advertising, this strategy typically focuses on increasing the overall exposure of a company's brand, image and core message.
What are the goals of agency advertising?Agency advertising focuses on promoting a company's image in order to improve its reputation with its customer base. The primary purpose of institutional advertising is not to drive sales, but to create and disseminate a positive image and generate goodwill for the company and industry.
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Mega Corp. hired permanent replacement workers when its union went out on strike seeking better medical and retirement benefits. After the strike is over, Mega Corp.
a. must give the striking employees their jobs back since this was an economic strike.
b. must give the striking employees their jobs back since this was an unfair labor practices strike.
c. may hire additional workers without considering the striking employees who want their jobs back.
d. does not have to give the striking employees their jobs back since this was an economic strike.
Option c is correct. After the strike is over, Mega Corp may hire additional workers without considering the striking employees who want their jobs back.
A strike for better pay or benefits is referred to as an economic action. An employer may bring on permanent replacement staff during a strike. The employer is under no duty to fire the replacement staff after the strike is over in order to create way for the strikers.
Replacement employees are those hired to take the place of union members who are on strike or locked out as a result of a labor dispute.
Unfair labor practice strikers are workers who go on strike to protest an unfair labor practice that their employer has engaged in. Such strikers cannot be permanently replaced or released.
deciding against handling a dispute because a worker is not a union member. threatening a worker who filed a ULP claim. refusing to engage in sincere negotiations with an agency.
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as the marginal propensity to consume (mpc) decreases, the spending multiplier group of answer choices increases. decreases. remains constant. becomes indefinable.
As the marginal propensity to consume (mpc) decreases, the spending multiplier increases.
The marginal propensity to consume is a metric that quantifies precipitated intake, the concept that the growth in non-public client spending happens with an growth in disposable income. the proportion of disposable earnings which individuals spend on consumption is called propensity to consume.
The marginal propensity to consume (MPC) is the turn facet of MPS. MPC helps to quantify the relationship between income and intake. MPC is the component of each more dollar of a family's earnings this is fed on or spent.
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Costs of Acquiring Fixed Assets
Melinda Stoffers owns and operates ABC Print Co. During February, ABC incurred the following costs in acquiring two printing presses. One printing press was new, and the other was purchased from a business that recently filed for bankruptcy.
a. Indicate which costs incurred in acquiring the new printing press (1-6 below) should be debited to the asset account.
The costs incurred in acquiring new printing press should be debited to asset account is true.
What is an incurred cost?An expense that a business assumes as a result of using an asset or making some other profit from it is known as an incurred cost. The principle that the accrual accounting concept specifies for expense recognition serves as the foundation for the idea of an incurred cost. According to the accrual accounting's expenditure recognition concept, expenses and receipts should be recorded as soon as they are incurred rather than when money is transferred. The accrual accounting technique requires recording the expense as soon as the asset is used up, even if the actual invoice from the supplier has not yet arrived. Incurred costs should be noted on the income statement's debit side because they are an expense for the business.
1. Fee paid to the factory representative for installation - Yes
2. Freight -Yes
3. Insurance while in transit-Yes
4. New parts to replace those damaged in the unloading- Yes
5. Sales tax on purchase price-Yes
6. Special foundation- Yes
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when a borrower makes a payment on an installment loan, a portion of the amount paid reduces the principal balance of the note payable. this statement isgroup startstrue or
When a borrower makes a payment on an installment loan, a portion of the amount paid reduces the principal balance of the note payable. This statement is TRUE.
What is an installment loan?
Installment loans, which let you borrow money and repay it in equal monthly installments with a fixed interest rate, are a useful tool in your personal finance kit if you want to pay off large debts in discrete, manageable amounts.
The most typical sort of installment loan is a personal loan, but there are other types as well, like no credit check loans, mortgages, and auto loans.
Individuals who qualify for installment loans are able to borrow a fixed sum of money that is disbursed in one lump payment and is repayable over time. These loans often have set interest rates and regular monthly payments that are the same every month. Each monthly payment is divided into two equal halves that are applied to the principal borrowed and the loan's interest.
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Which of the following is NOT an advantage of online bond brokerage services?
a. Pricing is more transparent because investors can easily compare bid and ask spreads.
b. Some services charge commissions, which may be more easily understood than bid and ask spreads.
c. Some brokers have narrowed their spreads so that they do not lose business to competitors.
d. All of these are advantages of online bond brokerage services.
Online bond brokerage services provide the benefit of more transparent pricing since investors may compare bids and ask spreads with ease. Some firms also charge fees, which may be simpler to understand than bid and ask spreads.
Some brokers have reduced their spreads to prevent losing clients to rivals. So a bond broker acts as a middleman between bond purchasers and bond issuers or sellers. In exchange for compensation, the broker buys and sells bond securities on behalf of investors on the trading floor of an exchange or in the over-the-counter (OTC) markets.
They offer a steady source of revenue. Bonds typically pay interest twice each year. Bonds are a technique to protect capital while investing since bondholders get their whole principle if the bonds are held to maturity. The exposure to more volatile stock holdings can be reduced with the use of bonds.
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the unemployment rate is currently 6% higher than the natural rate of unemployment. the current quantity of output is greater than potential output. the natural level of output is $3 trillion.
Unemployment rate is currently= 30303030296.969
If unemployment rate =x
then unemployment rate is currently=x+6
output = $3 trillion
The unemployment rate is calculated = (Unemployed ÷ output ) x 100.
x+6=x/3 trillion *100
x-100x= 3000,000,000,000-6
x=30303030296.969
unemployment rate is currently=x+6
30303030302.969+6 = -30303030296.969
There are several factors that contribute to unemployment that affect both the supply side, or workers, and the demand side, or employers. High interest rates, a slowing global economy, and the financial crisis can all have an impact on demand. Two important supply-side contributions are frictional unemployment and structural employment.
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break(s) down the return-on-equity into three components. a - asset management ratios b - profitability ratios c - the dupont identity d - market value ratios
The correct answer is DuPont Identity.
The DuPont identity break(s) down the return-on-equity (ROE) into three components, that is profit margin, total asset turnover, and financial leverage.
This expression has arisen and later been derived from the DuPont company that started using this idea way back in the 1920s. An explosives salesman in the company who went by the name Donald Brown used this method in an internal report in the year 1912.
It is calculated by multiplying the net profit margin by equity by the asset turnover.
DuPont Analysis = Net Profit Margin × Asset Turnover × Financial Leverage. Net Profit Margin = Revenue of a company x net income of a company.Asset Turnover (AT) = average total assets of a company x sales generated by the company.Learn more about DuPont Identity here brainly.com/question/14952801
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you have the following time and cost information for use in a time-cost cpm scheduling model. activitynormal timecrash timenormal costcrash costa32 $400 $600 b53 $600 $1200 c41 $300 $1500 what are the three costs per unit of time to expedite each activity?multiple choicea
e. A = $ 200, B = $ 300, C = $ 400
Cost per unit of time = (Crash cost - Normal cost)/(Normal time - Crash time)
A = (600-400)/(3-2) = 200
B = (1200-600)/(5-3) = 300
C = (1500-300)/ (4-1) = 400
32. b. Total time is 12 days, total cost is $ 1700
Alternative paths in the network are following:
A-B-D-E, duration = 3+4+3+2 = 12
A-C-D-E, duration = 3+1+3+2 = 9
A-B-D-E is the longest path, hence it is the critical path. and project duration is 12 days.
Total normal cost = 200+300+200+500+500 = $ 1700
33. d. Total time is 11 days, total cost is $ 1850
To reduce the project duration, critical path activity with the lowest crash cost per unit time needs to be crashed. That activity is D with crash cost = (550-500)/(3-2) = 50
Normal cost = 200+300+300+500+500 = 1800
Total cost = Normal cost + Crash cost = = 1800+50 = $ 1850
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you are starting an ice-making company in phoenix. when writing your product or service description, what should you include? check all that apply.
A proposal is presented as a business plan. A comprehensive business plan should be written if you're willing to start a firm.
What does the term "company" mean?
A group of people can form a legal entity called a corporation to run and manage a commercial or industrial business.Based on the corporate legislation of its jurisdiction, a corporation may be set up in a variety of ways for tax and current burden reasons.
How does a business operate?
A "business" is a legal entity that exists apart from its owners, operators, executives, workers, and agents. The ability to own and sell property, bring legal action and be accused, and sign contracts are all rights shared by businesses and individuals.
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as the number of units manufactured increased from 100 to 200, manufacturing cost (total) increased from $350 to $650. assume the given data establish the relationship between cost (y) and number of units made (x), and assume the relationship is linear. find the equation of the relationship.
Consequently, the linear equation y=3x+50 connecting the total cost to the quantity produced.
What are Manufacturing Costs?The manufacturing cost is the sum of all expenses incurred in the production of a good. The three categories of cost of manufacturing are direct costs of material, direct labor, & manufacturing overhead. It affects the overall cost of delivery. The costs directly associated with creating the product are known as manufacturing costs. The per-item cost of doing business must be calculated taking into account both production costs and manufacturing costs.
Why is manufacturing cost important?Costs of production have a significant impact on the efficient design and production of a product. The added value model states that a profit can only be made when the cost of production is less than the value added. Therefore, a product's success depends on knowing how much it will cost to design and manufacture.
Briefing:A linear equation is of the form
y = mx+b
where b is the value at x=0 and m is the slope (rate of change of y with respect to x).
With the information provided, the price rose by $650-$350=$300 when the quantity produced rose by 200-100=100. Therefore, 300/100=3 represents the rate of change of cost (y) in relation to x (number of units).
So the equation is of the form
y = 3x+b
To calculate b, choose one of the two available data points.
When 100 units were produced, the total cost was $350:
350 = 3(100)+b
350 = 300+b
b = 50
The equation y=3x+50, which connects the total cost to the quantity produced, provides the right answer.
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rocky gap furniture employs 20 workers working eight hours each to produce 50 rocking chairs. what is the productivity of these workers?
0.3125 is the productivity of these workers if rocky gap furniture employs 20 workers working eight hours each to produce 50 rocking chairs.
How would you characterize workplace productivity?
How quickly someone completes a task is a measure of their productivity. It can be defined as the speed at which a business or nation produces goods and services (output), typically assessed in relation to the amounts of inputs (labor, capital, energy, or other resources) used to produce those products and services.
Productivity is equal to [50/(20*8)]
= (50 / 160)
= 0.3125
These employees' productivity is 0.3125.
Therefore, 0.3125 is the productivity of these workers.
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what is the difference btween nomura and rcb estimate for the janese yen/euro currency pair fo rthe end of q! 2018
For the Japanese yen, there is a 40 yen difference between the nomura and rcb estimates.
Is the name Janis gender neutral?Janis is a male name with Hebrew roots that means "God is gracious." A fresh spin on the conventional Jane for girls is Janis. The Greek boy's name Yannis, which is equivalent to John in English, is similar to Janis.
what type of Japanese is a type of language, ?The Ryukyuan languages being spoken in Ryukyu Islands and Japanese are both members of the Mythological language family. Japanese is frequently referred to as a language isolation since these closely related tongues are frequently regarded as dialects of same tongue.
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what is the monopolist's profit at the profit-maximizing level of output? multiple choice $10,000 $0 $50,000 $80,000
Option (1) $10000 is the profit maximizing level of output.
Define profit maximization.In the field of economics, the word "profit maximizing" refers to the short- or long-term process by which a company selects the prices, input levels, and output levels that will result in the highest possible overall profit.
Profit is determined by the following formula:
Profit = Total Revenue - Total Cost.
As a result, when the first order is:
MR = MC
That is when Marginal Revenue is equal to Marginal Cost, and when the second order depends on the first order, a corporation maximizes profit. This concept differs from wealth maximization in terms of the time frame for turning a profit and the goals of the business.
A monopolist is a person, organization, or company that dominates and controls the market for a specific good or service. The monopolist has the power to set high prices because there are no substitute goods or services or competitors.
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Leo Ink is a company that produces stationery items. In order to remedy the current low-profit situation, the company plans to hire personnel and form a brand-new marketing team. The labor market proves to have a shortage of qualified marketing personnel. In this situation, which of the following strategies could Leo Ink follow to make profits? Increase the salary offered to hire the needed marketing personnel Increase its scale of production instead of hiring people O Branch into the production of other itens O Continue in the present state
In the current low-profit situation The strategies could Leo Ink follow to make profit is Expand your business to produce other items. Option C is correct
If you choose a selling price for a product that isn't much higher than its cost, you have a limited profit margin. If your company's profit margin is low, you usually sell products of ordinary quality and compete in a market with fierce competition. Low profitability is typically caused by high operational costs, low income, or, most often, a combination of the two. Excessive costs are frequently caused by ineffective operational procedures, which lead to insufficient vehicle utilization, an overly large fleet, and an overabundance of staff in developing nations.
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jupiter company signed a one-year $47,000 note payable at 8% interest on may 1, 2016. if jupiter company only adjusts its accounts once a year at year-end, how much interest expense was accrued on december 31, 2016
By using Interest Expense = Principal x Rate x Time we can calculate interest expense. if jupiter company only adjusts its accounts once a year at year-end, then $22,560 interest expense was accrued on december 31, 2016
An activity price is the price incurred by an entity for borrowed funds. Interest rate is a non-operating price shown on the profits statement.
What is the formula for activity expense?The simple activity rate formula is Interest Expense = Principal x Rate x Time.
For example, if a enterprise pays $100 in interest on a loan and earns $10 in hobby from a savings account, then there are more prices than income and the line object ought to be “Interest Expense – Net” for $90.
Interest is observed in the income statement, however can additionally be calculated the use of a debt schedule. The time table outlines all the essential pieces of debt a organization has on its stability sheet, and the balances on each period opening (as shown above). This balance is increased with the aid of the debt's activity charge to find the expense.
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https://brainly.com/question/16134508#SPJ4the economic stimulus act of 2008 focused on , whereas the american recovery and reinvestment act of 2009 focused on. contractionary fiscal plicy; expansionay
Expansionary fiscal coverage occurs when the Congress acts to reduce tax fees or expand government spending, transferring the mixture demand curve to the right.
What was once the thought in the back of the Economic Stimulus Act of 2008?The regulation affords for tax rebates to low- and middle-income U.S. taxpayers, tax incentives to stimulate business investment, and an make bigger in the limits imposed on mortgages eligible for buy by using government-sponsored businesses (e.g. Fannie Mae and Freddie Mac).
What did the Economic Recovery and Reinvestment Act 2009 do?The Act is an awesome response to a disaster in contrast to any for the reason that the Great Depression, and includes measures to modernize our nation's infrastructure, beautify energy independence, increase academic opportunities, hold and enhance less expensive health care, grant tax relief, and shield these in biggest need.
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https://brainly.com/question/6583917#SPJ4In the short run, a perfectly competitive firm will incur an economic loss but will continue to operate if certain conditions are met. Using a graph, explain what those conditions are. (2 points) 2. When total product is maximized, what is true about marginal product? Explain your answer by graphing both the total product curve and the marginal product curve.
If the price is higher than average variable cost and lower than average total cost, a perfectly competitive firm will suffer an economic loss but continue to generate the amount of output that maximizes profits in the short term.
Why would a company decide to make a loss in the near term?A competitive company may decide to operate at a loss in the near term (A) in order to recoup some of its fixed costs. Profits for a firm that shuts down are equal to minus the fixed cost because they still have to pay the fixed costs if they close.
How does the marginal product change when the total product is maximized?The marginal product is the variation in the total product brought on by the addition of a further unit of a variable factor. For output to be maximized, the marginal product must be zero. If the marginal product is smaller than zero, it is economical to increase output. If the marginal product is smaller than 0, production can be reduced profitably.
The maximum total product is reached when the marginal product reaches zero. In other words, marginal product begins to decline as total product reaches its highest value.
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ordering cost refers to the expense of placing an order for additional inventory and does not include the cost or expense of the product itself.
Given the question, this statement can be regarded as True. ordering cost is the cost associated with placing a order for additional inventory, excluding the cost of shipping.
How else would you define cost?
A cost is the value of money that was spent on the making or providing of a service or product and is now unavailable for use in accountancy, retailing, research, or accounting. In the business world, the cost is indeed the total amount paid to acquire something, hence the price might be tied to the acquisition.
Do you say "costs" or "costs"?
The word "expense" in the single form refers to the entire group, whereas "costs" refers to each individual member of the group.
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A hiking boot’s profits are declining because new competition has entered the market, but its cost has also declined due to increased volume of production. What stage of the product development life cycle is the hiking boot in?.
In the maturity stage, income gradual down, indicating that the market has begun to reach saturation.
This is also one of the degrees of the product life cycle when pricing turns into competitive. This makes the profit margins thinner.
What are the features of maturity stage?The mature stage's main characteristic is that income volumes are nonetheless developing but at a slower rate. The nearer to the give up of the mature, the slower will be the growth in income volume. Competition for market share and customers is additionally greater intense.
What are examples of products in their maturity stage?Companies are all examples of groups in the maturity stage. They are properly known, trusted, and proceed to preserve a high market share in their industries.
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