In a case whereby sandeep is in a management role and is responsible for monitoring financial performance and comparing it against goals, the functions of management this example best represent is controlling.
What is functions of management?The functions of management can be described as the accepted functions of management that can be used in differnt organizations which are: planning, organizing, leading and controlling.
It should be noted that the Controlling as one of the function can be described as the installing processes to guide the team towards goals and monitoring performance towards goals, howver this function serves as one that is very important in the organization because the control function is to ensure that the organization makes progress towards the established goals.
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If The Consumption Of A Product Creates External Benefits It Should Be Subsidized In Order To Encourage Its Purchase. A. True B. False
The sentence 'if the consumption of a product creates external benefits it should be subsidized in order to encourage its purchase' is true.
Such products that prove to be beneficial to humans should be encouraged to be subsidized for sales.
Products whose consumptions provide external benefits should be subsidized so that more people purchase the product. In today's market, it is important to promote products that are valuable in order to keep up with the current market trend.
Hence, if there is a product that causes any kind of external benefit, it should be subsidized so that its market value can be enhanced.
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given that a firm's return on equity is 15 percent and management plans to retain 41 percent of earnings for investment purposes, what will be the firm's growth rate?
A firm's return on equity is 15 percent and management plans to retain 41 percent of earnings for investment purposes, so the firm's growth rate is 27%.
A firm's growth rate refers to the extent to that a selected variable modified over a delegated amount of your time. the expansion rate might mirror however quickly or what quantity one thing modified. for instance, a rate might represent what quantity revenue modified from month to month.
A management plan is a formal designing tool that aims to style the longer term operations of the ability. it's a writing that outlines: the aims and objectives of the ability — what are we have a tendency to attempting to succeed? the methods accustomed meet the objectives — however can we have a tendency to achieve it?
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13. beaksley, inc., is a very cyclical type of business, which is reflected in its dividend policy. the firm pays a $2:00 a share dividend every other year. the last dividend was paid last year. five years from now, the company is repurchasing all the outstanding shares at a price of $50 a share. at an 8% rate of return, what is this stock worth today?
All future earnings will be converted into today's dollar to estimate an investment's present value.However, the estimated present value will be affected if the selected discount rate changes.
D1-D5 equals $2; the purchase price equals $50; I equals 8%.
What is PV, or present value?
The current value of a future sum of money or stream of cash flows at a certain rate of return is known as present value (PV).The discount rate is how future cash flows are discounted, and the higher the discount rate, the lower their present value is.
Example of how to calculate present value
T is equal to four years.n = 1 due to the annual compounding of the amount.The interest rate is r = 7% = 0.07.PV = 6500 / (1 + 0.07/1)1(4) = 6500 / (1.07)4 = 5,000 (The number given has been rounded to the nearest thousand).
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the chief audit executive set up a computerized spreadsheet to facilitate the risk assessment process involving a number of different divisions in the organization. the spreadsheet included the following factors: pressure on divisional management to meet profit goals complexity of operations competence of divisional personnel the monetary amount of subjectively influenced accounts in the division, such as accounts in which management’s judgment can affect the expense, e.g., postretirement benefits the cae used a group meeting of internal audit managers to reach a consensus on the competence of divisional personnel. other factors were assessed as high, medium, or low by either the cae or an internal audit manager who had performed an engagement at the division. the cae assigned a weight ranging from 0.5 to 1.0 to each factor and then computed a composite risk score. which statement is true? the risk analysis is not appropriate because it mixes both quantitative and qualitative factors, thereby making expected value calculations impossible. the weighting is subjective and should have been determined through a process such as multiple-regression analysis. assessing factors at discrete levels such as high, medium, and low is inappropriate for the risk assessment process because the ratings are not quantifiable. using a subjective group consensus to assess personnel competence is appropriate.
Assessing factors at discrete levels such as high, medium, and low is inappropriate for the risk assessment process because the ratings are not quantifiable.
The definition of quantifiable is something that can be measured or counted. An example of quantifiability is the number of people in a room. your dictionary. Quantifiable.
Quantitative skills are skills that involve the use or manipulation of numbers. It is the ability to reason with numbers. For example, statistics, economics, and algebra are fields where quantitative skills are essential, but quantitative tools appear in all fields.
When you quantify something, make it a number. Answer 5 when asked to quantify the fingers on your hand. If you like mathematics, this word is for you: Quantification is counting or representing something with numbers.
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true or false: in early classical growth models if a society wanted to grow its economy it had to save.
True: in early classical growth models if a society wanted to grow its economy it had to save.
Several economists who wrote about the causes and processes of economic growth in their age, around the 18th and 19th centuries, are included in the modern category of economic theory known as "classical growth theory." Adam Smith and David Ricardo are two significant theorists who are connected to these concepts. In Great Britain, the classical growth theory emerged along with the Industrial Revolution. These classical economists placed a strong emphasis on the analysis of the economic growth process.
The goal of classical economists was to explain the main factors influencing economic growth as well as the mechanisms that underlie it. The main causes behind economic expansion were thought to be the division of labor, trade benefits, and capital accumulation.
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when a consumer knows what they want to buy and is not willing to accept a substitute,what type of consumer product is being sought?
When a customer is looking for a specialty goods because they know exactly what they want to purchase and won't accept a substitute.
What exactly is a marketing specialty good?Consumer goods and services that have distinctive qualities or brand recognition and for which a sizeable segment of customers is willing to go above and beyond to make a purchase are referred to as specialty items.
Consumer goods are classified as speciality goods. Three subcategories of consumer goods are retail, specialty, and convenience. The classification scheme is determined by how individuals shop.
Because speciality items have particularly distinctive qualities and brand identifications, a substantial segment of consumers is willing to make special purchase attempts for them. Examples include high-end autos, specific brands of luxury items, equipment for professional photographers, and designer apparel.
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a set of firms that, though legally independent, are bound together by informal and formal ties and are accustomed to taking coordinated action are known as .
A set of firms that, though legally independent, are bound together by informal and formal ties and are accustomed to taking coordinated action are known as business Groups.
A firm, such as a corporation, is a business organization that manufactures and sells products and services with the intention of generating income and turning a profit. A single proprietorship, partnership, limited liability company, or corporation are examples of firms.
An economic entity known as a group of companies is made up of a collection of firms, some of which may be controlled by the same company. A group of businesses is a type of economic entity made up of a number of businesses that are either owned by the controlling business or are owned by it.
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a stock had a return of 9.7 percent last year. if the inflation rate was 2 percent, what was the approximate real return?
The approximate real return will be 7.7%.
A change in the average level of prices for goods and services across the economy is referred to as inflation. By comparing current prices of a group of products and services to previous prices, the government calculates inflation.
The interest rate before accounting for inflation is referred to as the nominal interest rate.
Real return plus inflation add up to total nominal return.
Approximate real return = Nominal return - Inflation rate
= 9.7 - 2
= 7.7
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A 10-year bond pays 5% on a face value of $1,000. If similar bonds are currently yielding 10%, what is the market value of the bond? Use annual analysis.
Less than $900
(WRONG answer) More than $900 and less than $1,100
More than $1,100
Not enough information is given to tell.
A 10-year bond pays 5% on a face value of $1,000. If similar bonds are currently yielding 10%, The market value of the bond is Less than $900 i.e. $ 692.77
Given:
Par = $1,000
Coupon payment = $1,000 × 5% = $50
N = 10
I = 10%
Calculate the market value of the bond:
Price = [tex]50 \frac{1 - (1+10 Percent)^-^1^0 }{10 Percent} + \frac{1,000}{(1 + 10 percent) ^1^0}[/tex]
Price = $ 692.77
Bond valuation is a method of figuring out the hypothetical fair value (or par value) of a specific bond.It entails figuring out the bond's face value, or projected value at maturity, as well as the present value of expected future coupon payments, or cash flow.Bond valuation enables investors to determine what rate of return would make a bond investment profitable since a bond's par value and interest payments are fixed.Since bonds play a crucial role in the capital markets, investors and analysts want to understand how a bond's many characteristics interact to ascertain its underlying worth.Learn more about Bond valuation, here
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the fact that a movie download costs around $6 while a movie ticket costs $10 highlights what role of money?
The fact that a movie download costs around $6 while a movie ticket costs $10 highlights Money as a Unit of account.
A unit of account is a unit of measurement for a divvyable, fungible, and countable value. The goal of a unit of account is to provide debt, tax, and products and services an intuitive and measurable value, much to how a unit of length like a centimetre fulfils its function of measurement. The most prevalent sort of asset in an economy that is used to exchange goods and services is money, which serves as a unit of account. Money satisfies the three requirements of being divisible, fungible, and countable or measurable, which makes it a unit of account.
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compute the future value of the following deposits made today: a. $10,000 at 6.75% compounding annually for 10 years b. $10,000 at 6.75% compounding quarterly for 10 years c. $10,000 at 6.75% compounding monthly for 10 years
The formula and computation for the future value of the deposit indicated is as follows: Future value = Amount deposited * Future value factor.
a. $10,000 at 6.75% compounding annually for 10 years is $19,216.7.
b. $10,000 at 6.75% compounding quarterly for 10 years is $19,530.
c. $10,000 at 6.75% compounding monthly for 10 years is $19,603.21.
The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future. The formula for future value (FV), in its simplest version, is FV= PV*(1+i)n, where "PV" stands for present value, I for interest rate, and "n" for the number of time periods. Future value (FV) is the worth of an asset (such as a bond) based on a predetermined growth or return rate at a future date. Investors can estimate an investment's future value with the aid of future value. The idea of the time value of money serves as the foundation for future worth (TVM).
a. To calculate the future value:
Substitute 10000 for P, 6.75% for i, and 10 years for n in equation (1) to find F.
F= 1000(1+(6.75%))hole square 10=$19,216.7.
b. To calculate future value.
[tex]F= 10000(1+\frac{0.0675}{4} )^{(10)} ^{(4)}\\=10000(1+\frac{0.0675}{4} )^{(40)}\\\\\\=19530[/tex]
c. To calculate future value.
[tex]F= 10000(1+\frac{0.0675}{12} )^{(10)} ^{(12)}\\\\=10000(1+\frac{0.0675}{4} )^{(120)}\\\\\\\\=19603.21[/tex]
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a manufacturer is contemplating a switch from buying to producing a certain item. setup cost would be the same as ordering cost. the production rate would be about double the usage rate. compared to the eoq, the maximum inventory would be approximately:
Compared to the EOQ, the maximum inventory would be approx 30% lower.
To calculate most stock levels, use the subsequent formula maximum stock tiers = reorder point + reorder amount minimum consumption × minimum lead time. minimum and maximum inventory ranges are inventory limits for the customer region product that the patron has the same opinion upon as the dealer.
The projected inventory ought to now not to fall beneath the minimal inventory stage. For extra facts, see Calculation of Projected stock. The inventory degree is one of the methods wherein companies manage the number of products in their warehouses. The venture of any organization is to satisfy the call for its merchandise.
Therefore, corporations should do the entirety viable to keep away from walking out of stock and at the equal time save you overstocking most quantities is a threshold fee that the stock ought to no longer exceed. The most quantity is required, for. instance, for replenishment control.
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suppose that a firm uses only two inputs in its production process. the ratio of the marginal products of these inputs always exceeds the ratio of the prices of the inputs. what can you say about the cost-minimizing point of the firm?
If cost-minimizing point exists for the firm's marginal product, it must be at the corner.
What is marginal product?The marginal product or marginal physical productivity of an input (factor of production) in economics, and especially in neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output whenever a firm's labor is increased from five to six units), assuming that the quantities of many other inputs are kept constant. According to the "law" of decreasing marginal returns, the marginal output initially rises as more of one input, like labor, is used while maintaining the same level of the other input, like capital. Labor is the variable input in this case while capital is the fixed input (in a hypothetical two-inputs model). The marginal product decreases as labor, a variable input, is used more frequently.
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The sales philosophy and process that emphasizes a commitment to maintaining customer relationships over the long term and investing in opportunities that are mutually beneficial to all parties is known as ________ selling.
The selling philosophy outlines how a company thinks about the income process, assessing purchaser needs, diagnosing problems, qualifying opportunities, and producing revenue.
What promoting focuses on building lengthy time period relationships with customers?Relationship promoting is a approach in which a sales rep prioritizes their connection with the patron over all different components of the sale. They enhance have confidence — commonly by means of including fee and spending a lot of time with potentialities — earlier than attempting to close.
What is the important philosophy of marketing?Marketing is referred to as the procedure of creating, communicating and handing over merchandise for the clients in order to satisfy their desires and wants. The reason of a advertising and marketing philosophy is to pick out these wants and fulfil them.
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https://brainly.com/question/29508682#SPJ4anet’s job as a corporate attorney is extremely stressful. part of her stress comes from having to meet aggressive deadlines for her work. the stressors that arise from these deadlines are known as .
anet’s job as a corporate attorney is extremely stressful. part of her stress comes from having to meet aggressive deadlines for her work. the stressors that arise from these deadlines are known as task demands type A.
By "corporate," what do you mean?Corporate refers to a large company in general or to a specific major company. In comparison to private clients, corporate clients pay higher interest rates. Corporate earnings are increasing as the economy expands. Corporate refers to a large company in general or to a specific major company.
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a process that has natural causes of variation, and considered in good control, but produces some product that does not meet upper and lower specification limits is referred to as
A process that has natural causes of variation, and considered in good control, but produces some product that does not meet upper and lower specification limits is referred to as out of control.
Where do the limits of specifications come from?
Limits on specifications are set by your customer. They are restrictions on a product's attributes that specify the conditions under which it operates and does not operate. Specification limitations specify the permitted departure from a desired or ideal value.
Customer specification limitations, which are frequently based on input from the Voice of the Customer, are the goals that customers or market performance have set for a product or a process. In other words, it is the outcome that the metric that we measure is supposed to produce.
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kegler bowling buys scorekeeping equipment with an invoice cost of $160,000. the electrical work required for the installation costs $16,800. additional costs are $3,360 for delivery and $11,530 for sales tax. during the installation, the equipment was damaged and the cost of repair was $1,550. required: indicate whether each cost should be included in the cost of the equipment or excluded and expensed as incurred.
The total recorded cost of the automatic scorekeeping equipment is $191,310.
A tax is an obligatory financial charge or a few different forms of levy imposed on a taxpayer (a person or felony entity) by using a governmental organization in order to fund government spending and various public costs (nearby, nearby, or national), and tax compliance refers to coverage movements and man or woman behavior geared toward making sure that taxpayers are paying the right amount of tax on the right time and securing the best tax allowances and tax reliefs. the first recognized taxation passed off in historical Egypt around 3000–2800 BC. A failure to pay in a timely way (non-compliance), alongside evasion of or resistance to taxation, is punishable via law. Taxes include direct or oblique taxes and may be paid in cash or as its labor equivalent.
In monetary phrases, taxation transfers wealth from households or businesses to the government. This has effects on the monetary boom and monetary welfare that can be each expanded (known as an economic multiplier) or reduced (referred to as the extra burden of taxation).
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Complete Question:
Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $160,000. The electrical work required for the installation costs $16,500. Additional costs are $3,300 for delivery and $11,510 for sales tax. During the installation, a component of the equipment is carelessly left on a lane and hit by the automatic lane-cleaning machine. The cost of repairing the component is $1,550.What is the total recorded cost of the automatic scorekeeping equipment?
what is the accounting rate of return for a project that is estimated to yield total income of $375,000 over three years and costs $861,000?
111000$ will be the accounting rate of return for a project that is estimated to yield a total income of $375,000 over three years and costs $861,000.
The net profit or loss of an investment over a period of time, is expressed as a percentage of the original cost of the investment.When calculating returns, we determine the percentage change from the beginning of the period to the end.Return on Investment (RoR) is used to measure the profit or loss of an investment over time.The metric can be used for a wide variety of assets, from stocks to bonds to real estate to art.The effect of inflation is not included in the simple rate of return calculation but is included in the real rate of return calculation. Internal rate of return (IRR) takes into account the time value of money.over time aims to account for the time value of money (TVM) that CAGR ignores. Discounted cash flows take the return on investment and discount each cash flow based on a discount rate. The discount rate represents the lowest rate of return acceptable to investors or the assumed rate of inflation. In addition to investors, companies use discounted cash flows to assess the profitability of their investments.learn more about accounting rate of return
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which type of control advocates that if structure, leadership, technology, human resources, or operations inhibit the attainment of the organization’s goals, that aspect of the organization should be changed?
Strategic control is the type of control advocates that if structure, leadership, technology, human resources, or operations inhibit the attainment of the organization’s goals, that aspect of the organization should be changed.
What is meant by strategic control?Strategic control is a specialized form of management control that is used by businesses to oversee the creation and implementation of their strategic plans. It differs from other management control methods (particularly operational control) in that it must deal with ambiguity and uncertainty.
Strategic control is the process of determining an organization's path based on its implicit or explicit goals, objectives, strategies, and ability to perform in the face of shifting external conditions and rivalry.
Reevaluating a strategy in response to a sudden, unanticipated incident may be a part of strategic control. For instance, a business must promptly reevaluate its strategy if its flagship product is quickly becoming obsolete. Putting a plan into action frequently entails a set of actions
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What would help a company reduce the risk of developing products for which there is little or no demand?.
Limiting budget allocated to R&D department would help company to reduce risk of developing products for which there is little or no demand.
What is R&D?Research and development (R&D), also referred to as research and technical development (RTD) in Europe, is a set of creative activities carried out by businesses or governments to create new services or products or to enhance those already on the market. The initial stage in the development of a potential new service or production method is research and development. R&D activities vary from institution to institution, with the two main models of an R&D department being either staffed by engineers and charged with directly developing new products, or staffed by industrial scientists and charged with conducting applied research in scientific or technological fields, which may aid in the development of future products. However, R&D is essential for capturing higher market shares through the commercialization of innovative products.
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You take $200 you had kept under your mattress and deposit it in your bank account. Suppose this $200 stays in the banking system as reserves and banks hold reserves equal to 20 percent of deposits.
The total amount of deposits in the banking system increases by _____ , and the money supply increases by _____.
The total amount of deposits in the banking system increases by 1000 , and the money supply increases by 800.
Reason:
Increase in Deposits = Money Multiplier x Deposit.
=1/Reserve Ratio x Deposit
=1/.20 x $200
= $1000
Because deposits increase by $1,000 but currency declines by $200, this means the money supply increases by $1,000−$200=$800.
The money supply increases by $800 while the total quantity of deposits in the banking system rises by $1000.
Reserve to Multiplier Ratio
=1/0.2\s= 5
Rise in banking system deposits Equals deposit "multiplier"
We subtract the initial deposits because they are part of the money supply.
Expansion of the money supply additional deposits -new deposits
=1000-200
=$800
=200*5
=$1000
Increase in Deposits = Money Multiplier x Deposit, which equals 1/Reserve Ratio x Deposit, which equals 1/.20 x $200, which is $1000.
Deposits rise by $1,000 while currency drops by $200, which results in an increase in the money supply of $1,000 + $200 = $800.
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it takes 2/3 vote to raise taxes and fees. what vote threshold must be reached to reduce taxes and fees?
According to the state constitution, each house of the legislature must vote in favor of tax increases by two-thirds. For the levying of fees and other charges, the Legislature merely needs the consent of a majority of each house. On the other hand, a majority of the electorate in a state may pass an initiative to levy state taxes or fees.
A majority vote in each house is required for the Legislature to lower or alter taxes, as long as no taxpayers' taxes are raised as a result of the change. Even if a bill reduces state revenue overall, it still needs to receive two-thirds approval from both houses of the legislature to increase taxes on each individual.
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the employee benefits at forward point, a tech firm, includes a breakfast bar, a gym, and an on-site massage therapist. in what way are these benefits most likely to support the company's business goals? group of answer choices by complying with legal requirements for benefits by protecting the company against charges of employment discrimination by meeting the standards of most u.s. businesses by making the workplace more family-friendly by helping employees cope with demanding, high-stress jobs
The way that these benefits would most likely have to support the company's business would be by helping employees cope with demanding, high-stress jobs. Last option.
What is meant by employee benefits?Employee benefits are any perks or other forms of payment that are given to workers in addition to their regular pay and salaries. Health insurance, life insurance, paid time off (PTO), profit sharing, retirement benefits, and other benefits may all be included in a comprehensive package of employee perks.
Any indirect pay given to employees in addition to their normal salaries or earnings is known as an employee benefit. For instance, this could refer to things like paid time off, retirement benefits, and health insurance.
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does the use of english measurement units put u.s. companies at a disadvantage when competing on international contracts?
Converting between different units is the English system of measurement's main drawback. Going from feet to kilometers, pounds to ounces or gallons to pints is not simple. Remembering that 640 acres make up one square mile is a typical illustration.
What is English measurement?
English units are the measurement systems that were in use in England up until 1826 and were a result of the fusion of the Roman and Anglo-Saxon systems. English units have been subject to a variety of standards over time, in various locations, and for various purposes. The inch, foot, yard, and mile are the fundamental units of length and distance measurement in the English system. The rod, furlong, and chain are additional length units. definition of survey foot.
Areas are commonly expressed in square feet or cubic yards in the English system. Feet, inches, and pounds are used in the English measurement system to measure objects. The majority of the units of the metric system are meters and grams, along with prefixes like kilos, milli, and centi. The English method of measurement is intended to make measuring length more challenging.
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The difference between a perfectly competitive firm and a monopolistically competitive firm is that a monopolistically competitive firm faces a:
a. horizontal demand curve and price equals marginal cost in equilibrium.
b. horizontal demand curve and price exceeds marginal cost in equilibrium.
c. downward-sloping demand curve and price equals marginal cost in equilibrium.
d. downward-sloping demand curve and price exceeds marginal cost in equilibrium.
According to the question, option d—a straight down demand curve and an equilibrium price greater than the marginal cost—is the correct response.
What does science mean when it refers to equilibrium?
In physics, a system is said to be in equilibrium when neither its actual energy state nor its state or motion tend to vary over time. In order to avoid falling over while moving or standing, both humans and animals have a physiological sense of balance.
What sort of equilibrium is that?
Several instances of equilibrium include: a book that is open and at rest. a vehicle that is going steadily. a chemical reaction that both the forward and backward rates of reaction are equivalent.
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at a small company, one person prepares the paychecks for employees and another person reviews the check amounts and signs the checks. this is an example of what approach to combatting destructive leadership?
At a small company, one person prepares the paychecks for employees and another person reviews the check amounts and signs the checks. this is an example of creating checks and balances approach to combatting destructive leadership.
What is company?
The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.
According to the small company, one authorisation figure checks the other's work being done, and thus maintains balance. The destructive leadership is checked and balanced.
As a result, the is an example of creating checks and balances approach to combatting destructive leadership.
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Your question is incomplete, but most probably the full question was.
a- emphasizing low power distance
b- empowering employees
c- creating checks and balances
d- establishing norms and values
sing corporation began the year with a $190,000 balance in its equipment account. during the year, equipment with an original cost of $25,000 was sold. the ending balance in the equipment account was $210,000. which of the following statements is true?
Sng corporation began the year with a (Beginning balance) $190,000 - (Equipment sold) $25,000= $165,000. (Ending balance) $210,000 - $165,000 = $45,000 Equipment purchased statements is true.
A corporation is an employer—typically a group of people or a employer—legal via the nation to act as a single entity and recognized as such in regulation for positive functions. Early incorporated entities had been hooked up by means of constitution. most jurisdictions now permit the introduction of new agencies through registration.
An organisation is a criminal entity that is separate and wonderful from its owners. beneath the regulation, groups own among the same rights and obligations as people. they could enter contracts, loan and borrow cash, sue and be sued, lease employees, own belongings, and pay taxes.
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A process to develop tactical plans by integrating customer-focused marketing plans for new and existing products with the operational management of the supply chain. Intermediate-range planning - 3 to 18 months. Functional groups of sales, operations and finance. Balance supply and demand.
Mid- to long-term planning involves balancing supply and demand projections; it also involves understanding short-term sales issues and adjusting projections accordingly.
What are the sales and operations process' five phases?Key discoveries. To develop a demand-driven S&OP process, a company's internal supply chain must first be made end-to-end transparent.
Are customer-focused marketing tactics for both new and used items connected with supply chain management?To put it succinctly, it is described by APICS as "a process to develop tactical plans that provide management the ability to strategically direct its businesses to achieve competitive advantage on a continuous basis by integrating customer-focused marketing plans for new and existing products with the management of the supply chain."
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On April 1 of the current year, Troubled Company factored receivables with a carrying value of $85,000 for $60,000 in cash from Scrooge Lenders. The transfer was made without recourse. The arrangement also includes a factoring fee equal to 4% of the total factored amount. On April 1, Troubled would:
Multiple Choice
Credit Deferred Interest Expense for $25,000.
Credit Factored Accounts Receivable for $85,000.
Debit Discount on Liability for $25,000.
Debit Loss on Sale of Receivables for $25,000.
On April 1, Troubled would debit loss on the sale of accounts receivables for $25,000.
What are accounts receivable?The term "accounts receivable" refers to a company's legally enforceable claims for payment for goods delivered or services rendered that customers have requested but have not yet paid for. Typically, they take the form of invoices that are generated by businesses and sent to customers for payment within predetermined time frames. An asset on a balance sheet is represented by accounts receivable. It is one of several accounting transactions that deal with charging a customer for the goods and services they have requested. These can be contrasted from notes receivable, which are debts established through formal legal documents known as promissory notes.
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alex and marilyn started ono yo, an organic and fresh fruit frozen yogurt truck. as the demand for organic and healthier desserts rose, demand for ono yo's products grew. because of the growth in demand for ono yo's product, alex's and marilyn's
Alex and Marilyn started Ono yo, an organic and fresh fruit frozen yoghurt truck, and the demand for workers increased.
Demand is the intention of a consumer to buy a particular good or service. Market demand is the demand for a particular good on the market. Aggregate demand is the term used to describe the entire economy's demand for goods and services.
The demand planning process forecasts product or service demand to ensure that customers are satisfied. The goal of demand planning is to strike a balance — to have enough inventory to meet orders without having a surplus.
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