Relationship selling is a sales methodology and concept that places a strong emphasis on sustaining long-term client relationships and investing in business possibilities that benefit both parties.
What different forms might relationship selling take?Commercial, functional, authoritative, and strategic interactions are the four different kinds of connections between buyers and sellers. The four fundamental sales techniques that salespeople employ are needs-satisfaction selling, collaborative selling, strategic partner selling, and script-based selling.
What are two goals of relationship selling?There are various advantages to relationship selling. Several of these advantages include: increasing client satisfaction, which encourages greater word-of-mouth and helps businesses better understand what customers want. Developing a connection with the client encourages them to feel important and makes them more likely to make purchases.
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the number of shares remaining in the hands of shareholders after some stock has been reacquired is referred to as the shares a.in arrears. b.outstanding. c.issued. d.authorized.
The number of shares remaining in the hands of shareholders after some stock has been reacquired is referred to as the shares, the correct option is (b). outstanding.
Shares are an investment that a company can utilize to raise funds. Stockholders are people who purchase a company's shares. Only publicly traded companies are permitted to issue stock shares. Dividends are payable to stockholders.The most shares a firm may issue to investors are known as authorized shares. The total number of shares sold to investors is the number of outstanding shares. Shares known as "treasury shares" are those that the business has issued and then bought back. The total number of outstanding shares decreases due to treasury shares. Treasury shares lack voting privileges.The term "shares outstanding" refers to the quantity of shares that are still in the possession of shareholders after some stock has been reacquired.
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An office building which generates $260,000 in Net Operating Income is advertised for sale at a price of $3,250,000. After meeting with your lender they offer agreed to originate a loan of $2,600,000 which carries a 7% interest rate and a 30-year amortization period. Your lender confirms the annual debt service for your loan will be $209,525.(a). Calculate the Cash Throw-Off for this investment. What is the significance of the Cash Throw-off to an investor (i.e. what does it mean to them)? Show your work and briefly explain your reasoning(b). Calculate the Equity Analysis as shown in Lecture for this investment. What does the equity analysis tell an investor? Show your work and briefly explain your reasoning.(c). Calculate the Cash-on-Cash Return for this investment. What is the significance of the Cash-on-Cash Return to an investor (i.e. what does it mean to them)? Show your work and briefly explain your reasoning.
The Equity Analysis as shown in Lecture for this investment. What does the equity analysis tell an investor.If a lender offers a 30-year self-amortizing loan structure with a 7% annual interest rate, the most loan you could reasonably anticipate to obtain is around $1,076,200.
Net operational income divided by total debt service is the debt coverage ratio. 1.3 = $111,700 for the entire debt service.Total debt service equals $111,700 / 1.3, or $85,923.0769.Monthly payment equals total debt service divided by 12: 85,923.0769 divided by 12: 7160.25641. Periodic rate is equal to rate / 12 (7% / 12), or 0.5833%.Years = number of periods, "12 = 30 * 12 = 360.Present value is calculated as follows: Monthly payment * (1- (1/ (1+ rate time) /rate 0.5833%)360)/0.5833% 0.005833 (1.005833)360) /0.005833 0.005833 = 7160.25641 * (1- (1/ (1+ 0.005833 = 7160.25641 * (1-(1/ =7160.25641 *(1-(1/ 8.116497 borrowed.
=7160.25641* (1- 0.1232 ) /\s=7160.25641 *( 0.876794) /\s= $1,076,240.7269.A loan is defined as the lending of money by one or more persons, organisations, or other entities to additional people, firms, or other entities. The recipient incurs a debt and is normally responsible for paying interest on it until it is repaid in addition to the principal.
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Garfield Personal Training Services is owned by Ga Garfield Gina provides personal training and coaching to individuals or small groups using the localitnessfacity and pool. Ganarents the group training room at the local fitness facility or the pool for scheduled classes. For one-on-one training, she meets clients at the facility where she is a memoria is currently learning Zumba and plans to offer a Zumba class in the group training room on Wednesday mornings starting next month. The development of Zumba is considered a activity for the group level facility level service level O customer-level
The development of Zumba is considered a service-level activity Garfield.
Service Level activities are those activities that are necessary to provide a service to the customer. In this case, the service is offering Zumba classes in the group training room. This activity involves learning the Zumba steps, finding music, and scheduling classes.
All of these activities are necessary to provide the service and therefore, are considered service-level activities for Garfield Personal Training Services.
Therefore the correct answer is C) Service Level.
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which of the following approaches to submitting a recommendation to your boss focuses on a direct benefit? a. emphasizing how your idea saves the company money. b. anticipating reasons for resistance. c. backing up your suggestions with facts and evidence. d. stating your suggestions confidently and fairly.
Backing up your suggestions with facts and evidence is an approach to submitting a recommendation to your boss focuses on a direct benefit.
Types of benefitsThe benefits that need to be taken into account in the cost benefit analysis include:
Direct benefit is an increase in revenue or sales from a new product that is created. The indirect benefit is an increase in consumer desire for a brand. Benefits are not tangible (intangible benefits), for example, employee morale is getting better because the company's profits are increasing. Competitive benefits are benefits that have an influence on competitiveness. For example, being named the 3 largest companies in the industry that is currently running.Learn more about recommendations to boss at https://brainly.com/question/20708825.
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what is the economic theory behind reducing the size of the stadium? group of answer choices the percentage decrease in the number of seats will be larger than the percentage increase in price so that total revenue and profits will increase. none of the answers are correct. the demand for seats is elastic so that a decrease in quantity will allow stanford to increase price and increase total revenues and profits making the stadium smaller will make demand for seats inelastic allowing standford to increase revenue from ticket sales. stanford is predicting the percentage decrease in quantity of seats will be lower than the percentage increase in price so revenue and profits will increase.
Making the stadium smaller will make demand for seats inelastic allowing Standford to increase revenue from ticket sales. e. Stanford is predicting the percentage decrease in quantity of seats will be lower than the percentage increase in price so revenue and profits will increase.
A monopolistic business has a more difficult analysis of options than a corporation with perfect competition. After all, a business in a competitive market calculates its output to maximize profits by starting with the market price as a given. A monopoly may control both its output and its pricing since it owns the whole market. What options would such a company make regarding pricing and output.
We shall respond to your query in terms of the marginal decision rule, which states that a business will continue to manufacture more units of an item up until marginal revenue equals marginal cost. We must first look into the unique link between demand and marginal revenue for a monopoly in order to apply that rule to monopoly firms.
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refusing to raise the pay of good workers just because they are black or hispanic is an example of a. racial discrimination. b. sexism. c. affirmative action. d. reverse discrimination.
refusing to raise the pay of good workers just because they are black or hispanic is an example of racial discrimination
Any type of discrimination against a person based on their race, ethnicity, or skin color is referred to as racial discrimination. People can discriminate by refusing to interact socially, conduct business with, or share resources with members of a particular group. Governments may discriminate implicitly or formally, for instance through racial segregation policies, unequal application of the law, or unequal resource distribution. Anti-discrimination laws in several jurisdictions forbid the government or people from doing so under a variety of conditions based on race (and occasionally other considerations).
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If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?.
The maximum possible change in the money supply would be $1,000.
An open market notion is what?A system of commerce that is open to free-market activity has few to no restrictions on it. An open market is one that doesn't have any tariffs, taxes, licensing requirements, subsidies, unionization, or other rules or behaviors that obstruct the operation of the free market.
What do open market operations aim to achieve?The goal of open market operations is to alter the reserve balances of American banks and trigger retaliatory changes to the current interest rates. The Fed can boost the amount of money in the country by purchasing securities.
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the is the department manager's tool for daily and weekly operations. a.conventional goal b.strategic goal c.tactical plan d.operational plan e.strategic plan
The department manager uses the operational plan as a resource for weekly and daily operations.
A fundamental operating plan is what?The main aims and objectives of an organization are described in an operational plan together with the steps needed to accomplish them. It is a carefully designed document that makes sure team members are aware of their tasks and understand exactly what has to be done.
What does Operation Plan aim to accomplish?A strategic plan's goals and objectives are worked toward through the organization's activities and targets, which are outlined in an operational plan. It offers the foundation for an organization's daily activities. An operating plan typically covers a year's worth of time.
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sheffield, inc. manufactures afghans. the budgeted units to be produced and sold are as follows: august september expected production 3,450 3,100 expected sales 3,200 4,200 it takes 20 yards of yarn to produce an afghan. the company's policy is to maintain yarn at the end of each month equal to 5% of next month's production needs and to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated production needs. the cost of yarn is $0.20 a yard. at august 1, 3,450 yards of yarn were on hand. compute the budgeted cost of direct materials purchases for august. budgeted cost of direct materials purchases for august $
The budgeted cost of direct materials purchases of sheffield, inc.for august is $15660.
What is budgeted cost of direct materials?The budgeted cost is an estimated cost that would be incurred in future. This is a provisional study of cost elements in order to know the liquidity and management of funds in advance. This is also refers to planning of anticipated cost estimation.
The budgeted cost of direct materials will be the amount of expenses that should be payable in future to acquire the material required for production.
Given information:
a) Expected Production:
August = 3450 unitsSeptember = 3100 unitsb) Sales:
August = 3200 unitsSeptember = 4200 unitsc) Input - Output Ratio:
1 Unit of Afghan = 20 yards of yarn
d) No. of units purchased during August month = (Production Units + Closing Stock of Finished Goods - opening stock of finished goods) × No. of yards required for manufacture one unit of afghan.
e) No. of Units purchased ={3450 units + 620 units (3100 × 20%) - 155 units (3100 units of September × 5%)} × 20 ⇒ 3915 units × 20 ⇒ 78300 yards of yarn to be purchased.
f) Cost of Direct material yarn = Rate × Quantity
⇒ $0.20 × 78300 yards
⇒ $15660
Therefore as per the given instruction the cost of direct materials is $15660.
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Which ngo supports small-scale farmers in developing countries and the us by providing livestock and business support to make farming profitable?.
At the International Fund for Agricultural Development (IFAD), we support rural residents by giving them the tools they need to enhance their family's nutrition, boost their food security, and increase their income.
Briefing:-We support their development of resilience, business growth, and self-determination.
Which non-profit organization provides animals to small-scale farmers in the US and underdeveloped nations?A global development group called Heifer International is dedicated to permanently eradicating hunger and poverty. We collaborate with local governments in 20 different nations to boost regional economies and create stable livelihoods that ensure small-scale farmers receive a living wage.
Is micro farming financially successful?Small-scale farming can be successful even though it may not yield as many bushels of grain as a farm covering 100 acres. Helm remarked, "It's really achievable.
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A company has just finished brainstorming around fifty names for its new product line. What are the next two steps it needs to take in the name development process?.
The next two steps it needs to take in the name development process are screen out problematic names and check for domain and social media availability.
What do you think of as development?The process of development ensures that everyone has a good quality of life in terms of enjoyment, peace, and the fulfillment of fundamental needs. It has to deal with the objectives, progress, and improvement of people. Because it highlights the idea of satisfying basic wants, this definition of development would be beneficial to all socioeconomic sectors.
What is a good illustration of economic growth?Economic development is the raising of a country's wealth and Standard of living. Effects of economic development include advancements in public education, literacy rates, and productivity, for example.
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which two industries are significantly influenced by laws regulating product purity and labeling?
Food and pharmaceutical industries are significantly influenced by laws regulating product purity and labelling.
What are the labelling specifications?
In general, food product labels must inform customers of the contents (including any possible allergens), the "best before" or "use by" date, the nation of origin, and nutritional data. Additionally needed is the manufacturer's or distributor's address.
What are Labeling's Importances?
Additionally, labels offer detailed details including the item's size, components, usage guidelines, storage requirements, and more. All of this provides the customer with helpful information while also assisting in bringing the product to life.
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4) while catholicism is the majority in latin america, it no longer controls the whole religious market. what is the reason (what changed)?
The reasons for change from Catholicism in the religious market of Latin America is:
The religious experience of Latin Americans has begun to incorporate choice; religious identity is no longer determined at birth; and being Latin American and Catholic are no longer synonymous.
What is Catholicism?
As of 2019, there were 1.3 billion Catholics who had received baptism globally, making it the biggest Christian denomination. It has had a significant impact on the history and advancement of Western civilisation as the world's first and biggest continually operating international organization. The church is made up of 24 sui iuris churches, including the Latin Church and 23 Eastern Catholic Churches, and has about 3,500 dioceses and eparchies spread out around the globe. The main shepherd of the church is the pope, who is also the bishop of Rome. The main supreme ruling body of the church is the bishopric of Rome, sometimes referred to as the Holy See. Vatican City, a tiny enclave of Rome, the capital city of Italy, and where the pope serves as head of state, is home to the Roman Curia, the body responsible for overseeing the Holy See.
The Nicene Creed contains Catholicism's central tenets. The Catholic Church holds to the doctrines that its bishops are the successors of Christ's apostles, the pope is the successor to Saint Peter, upon whom Jesus Christ bestowed primacy, and that it is the one, holy, catholic, and apostolic church that Jesus Christ founded in his Great Commission.
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4) while catholicism is the majority in latin america, it no longer controls the whole religious market. what is the reason (what changed)?
financial control is a process through which a firm periodically compares its budget to which of the following? (select all that apply) multiple select question. expenses revenues costs market share stock price
Financial control is the process through which a firm periodically compares its budget to :
revenuesexpensescostsWhat is meant by financial control?The methods, procedures, and techniques used by an organization to monitor and manage the use, allocation, and direction of its financial resources are known as financial controls. Any organization's resource management and operational effectiveness are fundamentally dependent on its financial controls.
Financial controls are laws and practices intended to stop or catch fraud and accounting irregularities. Financial controls include things like double-counting cash deposits and account reconciliation.
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Financial control is a process through which a firm periodically compares its budget to which of the following? (Select all that apply)
Multiple select question.
(A) stock price
(B) revenues
(C) expenses
(D) market share
(E) costs
exercise 10-9a record common stock, treasury stock, and cash dividends (lo10-2, 10-4, 10-5) power drive corporation designs and produces a line of golf equipment and golf apparel. power drive has 100,000 shares of common stock outstanding as of the beginning of 2021. power drive has the following transactions affecting stockholders' equity in 2021. march 1 issues 55,000 additional shares of $1 par value common stock for $52 per share. may 10 purchases 5,000 shares of treasury stock for $55 per share. june 1 declares a cash dividend of $1.50 per share to all stockholders of record on june 15. (hint: dividends are not paid on treasury stock.) july 1 pays the cash dividend declared on june 1.
The cash dividend declared on June 1 by the company is $3,965,000.
What is cash dividend?A cash dividend is a payment made from a company's current earnings or accumulated profits that is normally distributed to stockholders. Most brokers provide you the option of reinvesting dividends or taking cash instead. Cash dividends are a standard means for businesses to provide money back to their shareholders in the form of regular cash payments; normally, these payments are made quarterly, while some stocks may make these payments monthly, annually, or semiannually. While many businesses distribute dividends on a monthly basis, some sometimes give shareholders extraordinary cash dividends in response to one-time, one-time events like court settlements or borrowing money for significant, one-time cash distributions.
Dr Cash 4,030,000
Cr Common stock 65,000
Cr Additional paid in capital(cash dividend) 3,965,000
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judging from the organization's description, ciea could be best categorized as what kind of interest group?
Judging from the organization's description, Ceia could be best categorized as Peak association.
How do political specialists by and large classify vested parties?
Political specialists freely arrange vested parties into four principal strategy regions: some arrangement basically with monetary issues, others with issues of the climate, others with uniformity issues, despite everything others with the interests, everything being equal.
What is the essential objective of vested parties when they connect with strategy producers?
Vested parties work with resident cooperation in government, coordinating people to make an aggregate move through casting a ballot, raising money, and dispersing data about their issues to choose authorities and general society.
What is the principal reason vested parties structure?
Vested parties structure to look for impact in government choices and benefactors give the gatherings assets they need to get everything rolling. Changes in world of politics and new advancements make it feasible for individuals to proficiently distinguish other similar people to assemble for public political activity.
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depression complicates treatment adherence and medical decision making and also interferes with patients adopting a managerial role, which leads to a(n) . multiple choice question.
depression complicates treatment adherence and medical decision making and also interferes with patients adopting a managerial role enhanced risk of mortality from several chronic diseases.
What does a depression medical management program entail?The objectives of the Depression Disease Management Program are to help people achieve recovery, to promote self-empowerment in managing one's illness, to increase adherence to treatment, to decrease the incidence of relapse, treatment failure, ER visits, and re-hospitalizations, and to prevent tragic losses.
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If the economy is experiencing less than full-employment, the keynesian model recommends that the government.
If the economy is experiencing less than full-employment, the Keynesian college recommends that the government: undertake stimulative fiscal policy (increase authorities spending or reduce taxes)to stimulate combination demand.
What is the Keynesian view of full employment?British economist John Maynard Keynes spearheaded a revolution in monetary questioning that overturned the then-prevailing notion that free markets would robotically furnish full employment—that is, that everyone who wanted a job would have one as long as people had been bendy in their wage demands
According to Keynes' own principle of profits and employment: "In the brief period, degree of national income and so of employment is decided through mixture demand and mixture provide in the country.
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https://brainly.com/question/14223529#SPJ4the balance in accounts receivable at the beginning of 2024 was $680. during 2024, $1,900 of credit sales were recorded. if the ending balance in accounts receivable was $250 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2024 was:
If the ending balance in accounts receivable was $250 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2024 was $1,550.
The balance in account is formed from all announce credit and debit transactions. it is the quantity you've got within the account before any unfinished charges are further. Your on the market balance is that the quantity you'll use for purchases or withdrawals.
The ending balance is that the internet residual balance in an account. it's typically measured at the top of a news amount, as a part of the closing method. An ending balance comes by adding up the dealing totals in an account so adding this total to the start balance.
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Income TaxesThe FICA Tax (LO 9.3)(No COVID provisions) Lamden Company paid its employee, Trudy, wages of $61,500 in 2020. Calculate the FICA tax:Round your answers to two decimal places.Withheld fromTrudy's wages: Social Security $fill in the blank 1Medicare $fill in the blank 2Paid by Lamden: Social Security $fill in the blank 3Medicare $fill in the blank 4Total FICA Tax $fill in the blank 5
The different taxes to be withheld from Trudy's wages and the amount to be paid by Lamden include:
Withheld from Trudy :
Medicare - $891. 75Social security - $ 3, 813Paid by Lamden :
Medicare - $891. 75Social security - $ 3, 813The total FICA taxes would be $9, 409.50.
How to find the taxes ?The amount withheld from Trudy ' s wages is:
= Wages x social security tax rate
= 61, 500 x 6.20%
= $ 3, 813
The amount withheld for Medicare is :
= 61, 500 x 1.45%
= $ 891 .75
This amount will be matched by Lamden so the total is:
= 3, 813 + 3, 813 + 891. 75+ 891 .75
= $ 9, 409 .50
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consider the production of copper pipes that can be represented by a production function that is cobb-douglas. such a production function represents production where capital and labor
The production of copper pipes can be represented by a production function that is Cobb-Douglas. such a production function represents production where capital and labor are represented by isoquants that are straight lines. Option B
What is the production function?Generally, A production function is the greatest set of output(s) that can be created with a given set of inputs. This maximum set of output(s) is known as the production function. Utilization of a production function denotes an effective use of technology.
The production function is represented by the following formula: Q = f(K, L, P, H), which states that the quantity produced is a function of the total amount of each ingredient that is put into production. Of course, not every company needs the same amount or kind of inputs, which are both elements in the manufacturing process.
A Cobb-Douglas production function is an appropriate model to use when attempting to describe the manufacture of copper pipes. One kind of production function depicts production in which capital and labor are represented by isoquants in the form of straight lines. Alternative B
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CQ is attached
if investment increases by $100 and, as a result, gross domestic product (gdp) ultimately increases by $200, the multiplier equals
If investment increases by $100 and, as a result, gross domestic product (gdp) ultimately increases by $200, the multiplier equals 2.
Gross domestic product is a monetary degree of the market fee of all of the final goods and offerings produced and offered in a selected time period through nations. because of its complicated and subjective nature this degree is regularly revised earlier than being taken into consideration a dependable indicator.
GDP measures the financial value of very last items and services—that is, the ones which might be sold via the final consumer—produced in a rustic in a given period of time (say 1 / 4 or a yr). It counts all the output generated in the borders of a country.
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which person would likely benefit the most from supportive leadership? rivky, who does data entry work for an accounting firm. kennedy, who is updating a marketing campaign. david, who teaches high school english. hector, who is creating a new smartphone app.
The person who would likely benefit the most from a supportive leadership is Hector, who is creating a new smartphone app. The Option D is correct.
What is a supportive leadership about?In management level, a supportive leadership refers to a a leadership style in which the leader supports their subordinates with tools and resources until they have the skills to work autonomously.
In most case, a supportive leaders do their best to ensure that everyone on their team has the necessary skills, tools and resources to complete the task they've been assigned or find success in a long-term project.
Often as well, the level of support does varies from team member to team member depending on each individual employee's knowledge and needs. The objective of a supportive leadership is team members who are capable of working autonomously, but who feel comfortable seeking support when they need it.
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_____ is the process of generating new and useful ideas concerning new products, services, manufacturing methods, and administrative processes.
Creativity is the process of generating new and useful ideas concerning new products, services, manufacturing methods, and administrative processes.
Why are manufacturing processes important?Manufacturing enables companies to sell completed goods for more money than they paid for the raw materials they used. Using assembly line techniques and cutting-edge technologies as key resources, large-scale manufacturing enables the mass production of commodities.
What does a manufacturing process actually entail?By combining supplies, ingredients, or raw materials according to a formula or recipe, process manufacturing makes products. It is widely utilized in enterprises that manufacture things in large quantities, such as those that produce food, drinks, refined oil, gasoline, pharmaceuticals, chemicals, and plastics.
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as a result of its annual fundraising program, a nonprofit receives pledges in the amount of $300,000 during december, the last month of its reporting period. based on its previous history regarding pledges, the nonprofit believes that about $300,000 will be collected in the first 60 days of the next fiscal year; $42,000 will trickle in during the rest of the next fiscal year; and $18,000 will not be collected at all. how much should the nonprofit report as net contributions receivable on its current period financial statements?
The net contribution receivable for the current fiscal year would be $342,000 ( $300,000+ $42,000) according to the report.
What do financial statements serve as?A company's financial health may be seen at a single glance because of the financial statements that provide information about its operations, performance, and cash flow. Since they reveal details about a company's earnings, costs, profitability, and debt, financial statements are crucial.
What are the qualities of a good financial statement?The financial statements, which shows a company's potential to make a profit, is likely to be the most relevant financial statement for the majority of consumers. Additionally, the data on the income statement is largely expressed in current dollars, indicating a high level of accuracy.
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when groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called:
When groups of workers receive a portion of the financial return from reducing costs and improving productivity, this is called: Labor productivity
What is labor productivity?
Real output per work hour, which is how labor productivity is defined, is how growth in labor productivity is tracked through time.
The quantity of goods and services that a group of employees generate in a specific period of time is known as workforce productivity. It is one of many productivity metrics used by economists.
Growth in labor productivity allows workers to create more goods and services for a given number of work hours than they otherwise could.
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Barry, Inc.'s sales equal $30,000 and cost of goods sold equals $10,000. Its beginning inventory was $800 and its ending inventory is $1,200. Barry's inventory turnover ratio equals _____ times.
a. 15
b. 10
c. 5
ANSWER: Barry's inventory turnover ratio equals 10 times.
WHAT IS INVENTORY TURNOVER RATIO?Inventory turnover is a financial metric that shows how frequently a company's cost of goods sold (COGS) within a given time period changes hands. A company can divide the total number of days in the period (often a fiscal year) by the inventory turnover ratio to get the average number of days it takes to sell its inventory.
Using the inventory turnover ratio, businesses can make better decisions on pricing, production, marketing, and purchases. This is one of the efficiency ratios used to assess how effectively a company uses its resources.
Inventory Turnover Formula :
Inventory Turnover= COGS/Average Value of Inventory
where:
COGS=Cost of goods sold
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which of the following correctly describes what happens to aggregate demand when government spending increases? group of answer choices aggregate demand decreases, and it shifts to the right. aggregate demand increases, and it shifts to the left. aggregate demand increases, and it shifts to the right. aggregate demand decreases, and it shifts to the left.
Aggregate demand decreases, and it shifts to the right describes what happens to aggregate demand when government spending increases. In macroeconomics, aggregate demand refers to the total demand for goods produced in the United States, which includes consumer goods, services, and capital goods.
The total amount of demand for all finished goods and services produced in an economy is measured as aggregate demand. The total amount of money exchanged for government goods and services at a specific price level and point in time is referred to as aggregate demand. Aggregate demand refers to the total demand for goods and services in any economy.
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Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $7.50. During the month, 8,400 chairs were manufactured, using 43,700 yards at a cost of $7.30 per yard. Enter favorable variances as negative numbers.
Determine the following:
a. Price variance $ Favorable or not b. Quantity variance $ Favorable or not c. Cost variance $ Favorable or not
Differences in Direct Materials
In standard costing, the total direct materials cost variance is divided into two components: one generated by a change in the material purchase price, and the other by a difference in the quantity actually used to make the output.
Organising the information is the first step.
Actual quantity times the actual price or rate
Actual quantity x the going rate or pricing
Standard quantity times a standard rate
Direct resources
43,700 x $7.30 = $319,010
43,700 x $7.50 = $327,750
8,400 x 5 = 42,000 x $7.50 = $315,000.
(AQ x AP) - (AQ x SP) = $319,010 - $327,750 = -$8,740 F Material price variance (because actual is better than budget)
Variance in material amount (AQ x SP) - (SQ x SP) = $12,750 U.
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which of the following transactions would not be classified as an operating activity on the statement of cash flows? multiple choice question. cash dividends paid to shareholders cash paid for salaries and wages payments for goods and services collections on credit sales
Answer: cash dividends paid to shareholders
Explanation:
Cash dividends paid to shareholders would not be classified as an operating activity on the cash flow statement.
Cash flow is the net change in cash and cash equivalents coming into and going out of a business. Inflows are represented by cash received, while outflows are represented by money spent.
A cash flow statement displays the precise amount of a company's cash inflows and outflows over time. The income statement is the most common financial statement and displays a company's revenues and total expenses over time, including non-cash accounting such as depreciation.
Hence, the correct answer is the "First" option.
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