The difference between the actual fixed overhead expense and the budgeted fixed overhead expense is known as the fixed overhead spending variance. An unfavorable variance indicates that real fixed overhead costs exceeded projections.
Since fixed overhead costs should be largely fixed (as their name suggests), the spending variation for fixed overhead should ideally not deviate significantly from the budget. A significant unfavorable variance, however, can result if the manufacturing process reaches a step cost trigger point where a brand-new expense must be incurred. Additionally, there may be some seasonality in fixed overhead costs, which could result in both positive and negative variances in specific months of the year but cancel each other out over the course of the entire year.
The level of production shouldn't affect this variance in any way besides the two previously mentioned instances.
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product owner wants advice from the scrum master about estimating work in scrum. what guidance should a scrum master give
The product owner wants advice from the scrum master about estimating work in the scrum. "Product Backlog items must be estimated in story points." is good advice from a scrum master
What is a scrum master?Generally, The scrum master is responsible for assisting the team in improving and standardizing the procedures that they use to accomplish their objectives.
They do it in the capacity of a team member or collaborator, rather than, ideally, as someone in charge of the situation.
The most effective scrum teams are self-organizing, and as a result, they do not respond well to supervision from on high.
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CQ not found
direct benefit by usig bim for cm planning include:?? choose all applicable improved communication all correct enforced consistency early detection of constructability issues
Contractors and designers can optimize their workflows before construction begins by using the resources provided by BIM software. Significant cost reductions and waste reduction may result from this.
Additionally, BIM designs enable far greater collaboration and communication between various project participants. It ensures that everyone is always working with the most recent model because it enables different experts to view BIM blueprints whenever they need to. By doing this, you can lessen mistakes and rework caused by using wrong or incomplete information. Contractors and designers can optimize their workflows before construction begins by using the resources provided by BIM software.
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which of the following statements about investments in bonds are true? note: select all that apply. check all that apply if the stated rate is higher than the market rate, investors will purchase the bond at a discount. if the stated rate is higher than the market rate, investors will purchase the bond at a discount. if the stated rate is higher than the market rate, investors will purchase the bond at a premium. if the stated rate is higher than the market rate, investors will purchase the bond at a premium. the investor values that stream of future cash flows based on the stated rate of the bond. the investor values that stream of future cash flows based on the stated rate of the bond. the purchase price of a bond security is determined by computing the present value of the related stream of cash flows.
The statements that are true about investments in bond are:
A. If the stated rate is higher than the market rate, investors will purchase the bond at a premium.D. The purchase price of a bond security is determined by computing the present value of the related stream of cash flows.What is a bond investment?As an investment, a bond means a fixed-income instrument that represents a loan made by an investor to a borrower such as corporate or governmental body. This instrument could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.
Bonds are mostly used by entities like companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of a bonds are debtholders, or creditors, of the issuer.
The detail of bond include the end date when the principal of the loan is due to be paid to the bond owner and usually include the terms for variable or fixed interest payments made by the borrower.
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In the bond market, the bond demanders are the ________ and the bond suppliers are the
In the bond market, the bond demanders are the lenders and the bond suppliers are the borrowers.
In the bond market, the bond demanders are the lenders and the bond suppliers are the. In the bond market, the bond demanders are the lenders and the bond suppliers are the borrowers.
The bond market is a financial marketplace in which participants can trouble new debt, called the number one marketplace, or purchase and sell debt securities, called the secondary market.that is normally within the form of bonds, but it can include notes, bills, and so forth for public and personal expenses.
The bond market refers broadly to the shopping for and promoting of diverse debt devices issued by means of a variety of entities. organizations and governments trouble bonds to raise debt capital to fund operations or are seeking increase opportunities. In go back, they promise to repay the original investment quantity, plus hobby.
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which control ensures that the master inventory file contains an inventory item identified by the number 251184?
(c) Validity check control ensures that the master inventory file contains an inventory item identified by the number 251184.
What is inventory?⇒Inventory or stock refers to the goods and materials that a business keeps on hand with the goal to sell, produce, or use them.
The two main considerations in inventory management are where and how items are stocked. It is crucial to take action prior to the routine and scheduled manufacturing and stocking of materials at various places inside a facility or at numerous sites of a supply network.
The definition of "inventory," "stock," or "work in process" (or "work in progress") has been broadened to include "all work inside the process of production - all work that is or has occurred prior to the completion of production" and has been applied to service businesses and projects as well as manufacturing systems.
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Disclaimer: The question was given incomplete on the portal, here is the complete question.
Question: Which control ensures that the master inventory file actually contains an inventory item identified by the number 251184?
a)Check digit verification
b)Validity check
c)Field check
d) Limit check
sean is spending the day at the water park. he paid to enter the park and can use any water ride an unlimited number of times throughout the day. his favorite ride is the twisty river.
a. 50 or less utils. b. Sean now has a negative marginal utility. c. less often.
Utility is the pleasure experienced after using a product or service. When a consumer consumes an additional unit, their marginal utility increases, whereas their total utility is the sum of their levels of satisfaction after ingesting a certain amount of units.
With each additional unit obtained, marginal utility decreases. The marginal utility of Sean's second trip down the Twisty River is therefore probably lower than it was the first. Think about the first drink of water you take when you're extremely thirsty. The first drink you take is the most enjoyable one, and the final one is the least enjoyable.
Total utility will rise as long as marginal utility is positive. Consider Sean receiving marginal utilities of 50, 40, 30, and 10. After each ride, the overall utility is 50, 90, 120, and 130. His marginal utility has turned negative if, after the fifth ride, his total utility is just 115. (maybe he threw up).
Sean will probably take fewer trips down the Twisty River since his marginal utility declines with each additional unit taken and he is unlikely to continue spending the same amount of money when he is not experiencing the same level of satisfaction.
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The complete question is:
Sean is spending the day at the water park. He paid to enter the park and can use any water ride an unlimited number of times throughout the day. His favorite ride is the Twisty River.
a. Sean's marginal utility of riding the Twisty River the first time is 50 utils. Sean's marginal utility of riding the Twisty River the second time is likely
O greater than 50 utils.
O less than 50 utils.
O equal to 50 utils
b. If Sean's total utility begins to decrease after his fifth ride on the Twisty River, we can conclude
O Sean's marginal utility is starting to increase.
O Sean's marginal utility has become negative.
O Sean has maximized his marginal utility
c. Suppose instead of an entrance fee that Sean must pay each time he rides the Twisty River. Compared to the entrance fee, Sean will likely ride the Twisty River
O fewer times
O more times.
O the same number of times.
Which of the following is included in the cost of land?
A) The cost of fencing
B) The cost of paving
C) The cost of clearing the land
D) The cost of outdoor lighting
Based on the following that is included in the cost of land is E. Brokerage commission. In the other side, C) The cost of clearing the land also included in the cost land.
When acquiring land, certain costs are necessary, ordinary and should be assigned to Land. These costs include the cost of the land, legal fees, title fees, zoning fees and also survey costs. Also included are site preparation costs like draining and grading, or the cost to raze an old structure. All of these costs may be considered necessary and ordinary to get the land ready for its intended use. Some costs are land improvements. This asset category includes the cost of parking lots, landscaping, sidewalks, similar expenditures and irrigation systems. Land is considered to have an indefinite life and is not depreciated.
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what is the total salesmix variance in terms of the contribution margin? (round intermediary calculations to two decimal places.)
Total sales mix variance in terms of the contribution margin
Budgeted sales mix
Standard = 2700/ (2700+700) = 0.79
Super = 700/ (2700+700) = 0.21
Total sales quantity Variance
= (Actual Sales-Budgeted) * budgeted sales mix * budgeted contribution Margin
Standard = [(2800+1400) -(2700+700)] *0.79*500
= 316,000
Super = [(2800+1400) -(2700+700)] *0.21*1070
= 179,760
Total = 316,000+179,760
= 495,760 Favorable
The discrepancy between a company's budgeted sales mix and its actual sales mix is known as the sales mix variance. The percentage of each product sold in relation to overall sales is known as the sales mix. Because some items have better profit margins than others, the mix of sales has an impact on overall business profitability. Each of the company's product lines is included in the variance in sales mix.
The sales mix contrasts a product's sales with overall sales.
The sales mix variance determines the profitability of a product or product line by comparing forecasted sales to actual sales.
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wood county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital operates 52 weeks per year. the cost of processing an order was $64, and the cost of holding one box throughout a full year was 20% of the value of the material. last year the hospital ordered bandages, on average, once every two weeks, each time ordering 800 boxes. what extra cost did the hospital incur that could have been avoided if the eoq concept has been applied? [you need to consider the difference between the total cost (holding cost plus setup cost) incurred with ordering 800 as compared to ordering the eoq; assume that there is no safety stock]
Economic Order Quantity is the optimal level of inventory where the inventory costs are the minimum. EOQ = (2AO/H)^(1/2).
What is Economic Order Quantity?Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. To reduce holding costs and surplus inventory, inventory managers calculate EOQ.
The order size that minimizes the overall holding costs as well as ordering expenses in inventory management is referred to as the "economic order quantity," or "economic buying quantity." One of the first traditional production scheduling models is this one.
The following is the EOQ formula. EOQ is equal to the square root of 2 times demand times ordering cost)/carrying cost. Demand. The EOQ's assumptions state that the demand is unchanged. How much stock is used annually or how many goods are sold annually is the measure of demand.
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______ represents the degree to which employees are accepted and treated fairly by their organization.
Includement is a measure of how well a company accepts & treats its personnel.
What are the definition and significance of organization?The act of organizing or being organized, pronounced "rg-n." the style or condition of being organized, as in the way he presented his subject in a speech. an organization that is very disciplined.
Which 3 sorts of organizations are there?Functional, departmental, and matrix organizations are the three types of organizations that better represent the organizational structures currently used by the majority of businesses. Owners must weigh the benefits and drawbacks of each of these formats before picking which to use for their particular firm.
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due to the lags associated with implementing monetary and fiscal policy, the impact of the government's new policy will likely once the effects of the policy are fully realized
Due to the lags associated with implementing monetary and fiscal policy, the impact of the government's new policy will likely once the effects of the policy are fully realized an expansion.
Fiscal policy is the use of authorities spending and taxation to steer the financial system. Governments typically use fiscal coverage to sell sturdy and sustainable boom and reduce poverty.
In economics and political technological know-how, fiscal policy is using government sales series and expenditure to persuade a rustic's economy.
The two major examples of expansionary fiscal policy are tax cuts and increased authorities spending. each of those rules are meant to increase mixture demand while contributing to deficits or drawing down finances surpluses.
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Moonbeam Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity:
Sales (336,000 units) $4,377,000
Cost of goods sold 2,592,000
Gross profit 1,785,000
Operating expenses 840,000
Net income $945,000
The cost of goods sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed.
In September, Moonbeam receives a special order for 21,600 toasters at $8.12 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $3,100 of shipping costs but no increase in fixed costs.
Prepare an incremental analysis for the special order.
Prepare an incremental analysis for the special order is 46,300. Something increasing incrementally is described as doing so over a short period of time.
Businesses utilize incremental analysis as a decision-making tool to compare the actual costs of several options. The incremental analysis method is also known as the applicable cost approach, marginal analysis, or differential analysis. Incremental analysis is a method for evaluating financial data that is also known as the relevant cost approach, marginal analysis, or differential analysis. Relevant cost, sunk cost, and opportunity cost are the three basic ideas that are pertinent to incremental analysis.
Revenues (21600 × $8.12) = $175,392
Variable cost of goods sold = $2,592,000 × 70% = $1,814,400.
Variable cost of goods sold per unit = $1,814,400÷ 336,000 = $5.4
Variable cost of goods sold for the special order = $5.4 × 21600 = $116,640.
Variable operating expenses = $840,000 × 80% = $672,000
$672,000 ÷ 336,000 = $2 per unit
21600× $2 = $43,200
$43,200 + $3,100 = $46,300
As shown in the incremental analysis, Moonbeam Company should accept the special order because incremental revenues exceed incremental expenses by $25,033.
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under flexible exchange rates, monetary policy has impacts on the domestic economy while fiscal policy has weaker impacts, as compared to in a closed economy
It works through the relationship between interest rates and exchange rates in the transmission mechanism. On the other hand the impact of fiscal policy on aggregate demand has weakened.
Flexible exchange rate monetary policy has a strong ability to change AD. The exchange rate flow does not require central banks to hold large amounts of foreign exchange reserves to maintain exchange rates. Subsidies can therefore be used to stimulate economic growth through the accumulation of capital goods.
Fiscal policy affects aggregate demand through changes in administrative spending and taxes. These factors affect work and family life which in turn affect spending and investment. Monetary policy affects the money supply in the economy which affects interest rates and growth
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The negative outcomes of market power include all of the following EXCEPT a. larger profits. b. smaller quantity. c. higher costs. d. lower prices.
The negative outcomes of market power include all of the following EXCEPT higher costs. It includes larger profits, smaller quantity and lower prices
What are the negative outcomes of market power?
A corporation with significant market power has the power to control its profit margin by manipulating the market price. It may also be able to raise barriers for new potential entries into the market.
That is, businesses with market power restrict the good from reaching consumers whose values exceed or are higher than the cost of production. Instead, society generates proportionately more of less valuable things, which makes society poorer overall.
Does market power result in a failed market?
When market resources are distributed inefficiently, market failure is evident. In the scenario of a monopoly firm or market, market power can lead to market failure.
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damien co. has $10,000 of unearned revenues on its balance sheet. damien expects that it will earn $8,000 of these revenues in the upcoming twelve months. how much will be recorded in long-term liabilities?
Damien co. has $10,000 of unearned revenues on its balance sheet. damien expects that it will earn $8,000 of these revenues in the upcoming twelve months. $2,000 will be recorded in long-term liabilities.
The financial balance of an organization is summarized on the financial balance sheet, whether the entity is a sole proprietorship, business partnership, corporation, limited liability company, or several another type of entity such as a government or non-profit organization.
From a certain date, such as the end of the financial year, equity, liabilities, and assets are listed. A "snapshot of a company's financial health" is how the balance sheet is often called. The balance sheet is one of the only four basic financial statements that apply to a single point in a company's calendar year.
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an economist is interested to see how consumption for an economy (in $ billions) is influenced by gross domestic product ($ billions) and aggregate price (consumer price index). the microsoft excel output of this regression is partially reproduced below. loading... click the icon to view the results. when the economist used a simple linear regression model with consumption as the dependent variable and gdp as the independent variable, he obtained an r value of 0.971. what additional percentage of the total variation of consumption has been explained by including aggregate prices in the multiple regression?
R² is the value of the coefficient of determination, which enables us to determine the amount of variation in the dependent variable that is explained by the independent variables in the provided regression model.
By taking the square root of the coefficient of determination, the correlation coefficient can also be calculated from the value of the coefficient of determination.
The worth of R2 with utilization as the reliant variable and Gross domestic product as the free factor is acquired as0.971.
What does the r2 value indicate?
In a regression model, the statistical measure known as R-Squared (also known as R2 or the coefficient of determination) is used to figure out how much of the variance in the dependent variable can be explained by the independent variable.In other words, the goodness of fit, or r-squared, measurement indicates how well the data fit the regression model.
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When Creative Pen Company designed a new pen that was particularly comfortable to use, it wanted to literally get the pen in the hands of as many consumers as possible. Creative Pen will probably choose __________ distribution for its new product.
A. primary B. independent C. intensive D. exclusive E. selective
When Creative Pen Company designed a new pen that was particularly comfortable to use, it wanted to literally get the pen in the hands of as many consumers as possible. Creative Pen will probably choose intensive distribution.
Intensive distribution would be the most appropriate strategy in this situation, based on the information given and the various distribution strategies. Selling a new product to as many retail locations as possible in order to increase sales and revenue is referred to by this phrase. Which is precisely what Creative Pen requires in order to reach as many customers as possible with their pens. a marketing strategy in which a business sells a product in as many locations as it can, ensuring that customers see the product wherever they go: To get their drinks into every grocery shop, pharmacy, and gas station, beverage producers use extensive distribution.
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(fill in the blank) a measure of the total management fees and expenses charged to the mutual fund on an annual basis
A measurement of the mutual fund's yearly expense ratio for all management fees and costs. The answer is Expense Ratio.
What is Expense Ratio?Fund companies charge a fee known as the cost ratio for administering mutual funds. It comprises selling and marketing expenditures, transaction costs, brokerage, commission, registration fees, and management and consulting fees. The Total Expenses Ratio (TER) for any and all mutual funds has been capped by SEBI.
All direct costs associated with managing the investments, such as employing the portfolio manager & investment team, are included in the management fee. To pay for operating expenditures including the cost of employing and keeping investment advisors who oversee the funds' investment portfolios as well as any other management fees not covered by the other expenses category, mutual funds levy management fees.
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a 2005 study reported that, based on the experience of the global consulting firm booz allen hamilton, they would estimate that approximately one in three outsourcing efforts fails to achieve outsourcing expectations. these anecdotal findings suggest that there is a troubling gap between expectations and reality; however, outsourcing is .
A 2005 study reported that, based on the experience of the global consulting firm booz Allen hamilton, they would estimate that approximately one in three outsourcing efforts fails to achieve outsourcing expectations. these anecdotal findings suggest that there is a troubling gap between expectations and reality; however, outsourcing is .plus
Advertising, office and warehouse cleaning and website development are the best examples of outsourcing. Most business owners delegate authority to outsourced professionals when it comes to accounting, maintenance, and recruitment. This allows companies to focus most of their resources on their core activities.
Outsourcing is the common practice of outsourcing business functions and processes to third parties. The benefits of outsourcing can be enormous, from cost savings and efficiency to competitive advantage.
Among other problems with outsourcing, finding the right size vendor can be difficult. Small outsourcing companies don't have room to grow because they can't easily scale up or down. Large enterprise outsourcing companies may take a less personal approach and overcharge for projects.
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knightmare, incorporated, will pay a dividend of $5.75, $9.85, and $13.05 per share for each of the next three years, respectively. the company will then close its doors. investors require a return of 10.5 percent on the company's stock. what is the current stock price?
The current stock price of Knightmare incorporated is $22.93
The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow. Money spent and money received reflect inflows and outflows, respectively. Fundamentally, a company's capacity to produce positive cash flows, or more specifically, its capacity to maximize long-term free cash flow, determines its ability to create value for shareholders.
To determine the stock price we need to discount the three cash flows:
cash flow 1 = $5.75
cash flow 2 = $9.85
cash flow 3 = $13.05
discount rate = required rate of return = 10.5%
stock price = CF1 / (1 + r) + CF2 / (1 + r)² + CF3 / (1 + r)³
= $5.75 / (1 + 0.105) + $9.85 / (1 + 0.105)² + $13.05 / (1 + 0.105)³
= $5.75 / 1.105 + $9.85 / 1.105² + $13.05 / 1.105³
= $5.20 + $8.06 + $9.67 = $22.93
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a system that gathers comprehensive data, organizes it, and summarizes it in ways that are useful to managers for their nonroutine tasks is known as a(n) system.
A system that gathers comprehensive data organizes it, and summarizes it in ways that are useful to managers for their nonroutine tasks is known as an operational information system.
What is the operational information system?Data warehousing uses the phrase "operational system" to describe a system that handles an organization's daily transactions. These systems are created in such a way that regular transaction processing is carried out effectively while preserving the confidentiality of the transactional data.
A diagram of the conceptual data model serves as the representative for the operational systems (Op-If) view. It is used to outline the architecture's structural process management rules and business information requirements. It describes the data that is connected to the architectural information.
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The Clothing Cove has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations:
January 2 Issues 100,000 shares of common stock for $24 per share.
February 6 Issues 1,900 shares of 7% preferred stock for $13 per share.
September 10 Purchases 12,000 shares of its own common stock for $29 per share.
December 15 Resells 6,000 shares of treasury stock at $34 per share.
In its first year of operations, The Clothing Cove has net income of $149,000 and pays dividends at the end of the year of $94,000 ($1 per share) on all common shares outstanding and $1,330 on all preferred shares outstanding
To track changes in stockholders' equity, a statement of stockholders' equity is prepared and the stockholders' equity final amount.
The corporation issues 100,000 shares of common stock with a $1 par value at a price of $18 per share on January 2. As a result, the additional paid-in capital grows by $1,700,000 [($18-1)*100,000] and the common stock increases by $100,000 (100,000$1).
On February 6, the business issues 1,300 shares of preferred stock at a par value of $10 for a price of $13. As a result, the preferred stock will rise by $13,000 (1,300 times $10) and the additional paid-in capital will rise by $3,900 [($13-10) × 1,300].
On September 10, the corporation buys 12,000 shares of treasury stock at a price of $23 per share, increasing its treasury stock by $276,000 (12,000*$23).
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the impact of the government's decision to raise revenue by printing money on the value of money is known as the
The impact of the government's decision to raise revenue by printing money on the value of money is known as the inflation tax.
What is inflation?
⇒The term "inflation" describes an economy's overall rise in the cost of goods and services. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money. Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation. The annualized percentage change in a general price index, or inflation rate, is the most widely used indicator of inflation. The consumer price index (CPI) is frequently employed for this purpose because price increases are not uniform across the board. In the United States, wages are also calculated using the employment cost index.
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which of the following are true? multiple select question. book values are often similar to market values for equity. ideally, we should use book values in the wacc. the market value of debt and equity are not reliable in case of privately owned company. ideally, we should use market values in the wacc.
Ideally, we should use book values in the weighted average cost of capital this statement is true. Here option A is the correct answer.
The weighted average cost of capital (WACC) is the total cost of the company's financial resources. It is determined by giving each financial item a certain weight.
This is going to be based on market value since book values only reflect the issue price, but market values consider the price it will bring today and, as a result, the price at which consumers will purchase it.
The cost component of these products is determined by the projected return of investors keeping them. Market values should thus be employed more frequently.
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mary operates a wedding preparation services that aids brides-to-be in the planning of their weddings. to maintain a quality image and a standardized service, mary provides extensive training for each of her employees. what unique aspect of services is mary trying to address?
mary operates wedding preparation services that aid brides-to-be in the planning of their weddings. to maintain a quality image and a standardized service, mary provides extensive training for each of her employees. Mary is trying to address the inconsistency.
inconsistencyinconsistency noun (DIFFERENCE) [C or U] the presence of certain ideas, assertions, arguments, etc. that do not agree with others, or something that has this feature, such as an idea, statement, or argument: What you've written contains a few discrepancies. The theory and practice are not entirely consistent.
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the director is responsible for shaping the structure of the production through movement, pace, and rhythm. with this in mind, the faults most often associated with poor direction are blank .
Based on the situation of the question and the available options, the faults most often associated with poor direction include "When the audience fails to understand what is going on."
What Is the Structure of the Production
The term "production structure" is used to refer to various production-related elements and the procedures that make up the production cycle.
Humans, who are frequently the directors, are in charge of the production's organizational structure. These directors are responsible for influencing the production's structure through rhythm, pace, and movement.
As a result, the following factors frequently contribute to poor direction:
When a speaker's words are repeatedly missed by the audienceFailure to find a rhythm that captures or keeps interestHence, in this case, it is concluded that the correct answer is options B, C, and D.
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Full question : The director is responsible for shaping the structure of the production through movement, pace, and rhythm. with this in mind, the faults most often associated with poor direction are blank . multiple select question. if the auteur director's concept of the production is flawed failure to establish a clear rhythm that holds or maintains interest when the audience fails to understand what is going on when the audience repeatedly misses the words being spoken.
on january 31, year 3, pack, inc., split its common stock 2 for 1, and young, inc., issued a 5% stock dividend. both companies issued their december 31, year 2, financial statements on march 1, year 3. should pack’s year 2 basic earnings per share (beps) take into consideration the stock split, and should young’s year 2 beps take into consideration the stock dividend?
Yes, Earnings per share (beps) take into consideration the stock split, and should young’s year 2 beps take into consideration the stock dividend.
The earnings per share (EPS) ratio serves as a predictor of both current and future business earnings. Given that the stock split and stock dividend will increase the number of shares and have an impact on EPS going forward
These are planned activities that are very important to shareholders; they don't just occur because a company's CEO decided to do it one morning. Therefore, even if these occurrences hadn't happened as of the balance sheet date, they should be taken into account when calculating the current EPS.
Additionally, there will be adjustments on January 1st rather than stockholders receiving the balance at 7 AM. Investors would therefore fairly anticipate that financial statements would cover all.
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A company had a beginning balance in retained earnings of $414,000. It had net income of $57,000 and declared and paid cash dividends of $62,000 in the current period. The ending balance in retained earnings equals: Multiple Choice $533,000. Ο $419,000. Ο $409,000. Ο $476,000. Ο $357,000.
The ending balance in the retained earnings equals $409,000 (option C)
What is retained earnings?Retained earnings is the amount of the net income of a company that is not paid out to shareholders as dividends. Retained earnings is reduced by the amount of cash dividends that is paid and it is increased by the value of the net income of the company.
Retained earnings is the link between the income statement and the balance sheet. Retained earnings is recorded in the shareholder's equity section.
Ending balance in the retained earnings = beginning retained balance + net income - cash dividends
Ending balance in the retained earnings = $414,000 + $57,000 - $62,000 = $409,000
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the company earned $1,600 of commissions revenue that is not yet recorded at month-end. record the required adjusting entry, if any.
For recording the required adjusting entry, if any we need to know that Every adjusting entry will have at least one income statement account and one stability sheet account. Cash will in no way be in an adjusting entry.
Which of the following events would no longer require an end-of-year adjusting entry?Providing offerings on account does now not require an end-of-year adjusting entry. Accounts receivable is accelerated when offerings are supplied on account and is diminished when charge is acquired from customers.
What happens if adjusting entries are no longer prepared?The reason of adjusting entries is to ensure that your financial statements will reflect accurate data. If adjusting entries are now not made, these statements, such as your stability sheet, income and loss statement, (income statement) and money drift announcement will no longer be accurate.
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https://brainly.com/question/13933471#SPJ4a stock issued by a corporation that has the potential of earning above-average profits when compared to other firms in the economy is called a(n) stock.
A Growth stock is a share of stock issued by a company that, in comparison to other businesses in the economy, has the potential to generate earnings that are above average.
Growth investing is a stock-buying technique that tries to make money from companies that grow faster than their industry or the market as a whole. A financial ratio called dividend yield illustrates how much a corporation pays out in dividends annually in relation to the price of its stock.
Growth-oriented businesses typically have innovative leadership teams that are focused on substantial market potential. Growth stock investing is not a surefire technique to generate money on the stock market.
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