The answer is true. Temporary accounts are transient accounts that open with no balance at the beginning of each accounting period and close at the conclusion in order to preserve a record of accounting activity during that period.
They consist of the spending accounts, income statements, and income summary accounts. Permanent accounts include cash accounts such as accounts receivable and accounts payable. The terms asset, liability, equity, inventory, balance investments, etc. are other examples of permanent accounts. An account that shuts at the conclusion of each accounting period and has no balance when a new period starts is referred to as a transitory account.
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match the name to the letter indicating the functional business area within the enterprise system finance
Enterprise applications are systems that have cross-functional boundaries, concentrate on carrying out business operations throughout the whole corporate organization, and include all management levels.
Enterprise applications are systems that have cross-functional boundaries, concentrate on carrying out business operations throughout the whole corporate organization, and include all management levels. By tightly synchronizing their business operations, enterprise apps enable firms to become more adaptable and productive.
Four main corporate apps are as follows:
Business systemsSystems for managing the supply chainSystems for managing customer relationshipsInformation management techniquesEach of these enterprise applications combines a related set of operations and business procedures in order to improve organizational performance overall.
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The Nintendo Wii console's focus on fun, simplicity, and interactivity exemplifies this type of value innovation:
Raise
Eliminate
Create
Reduce
Nintendo Wii is a redesigned Nintendo console that is regarded as the pinnacle of the Value Innovation idea.
The best example of a value innovation strategy is the well-known computer game Nintendo, which became the Nintendo Wii owing to the Blue Ocean process. The Nintendo Wii, a revamped Nintendo machine that was released in 2006, is regarded as the zenith of the Value Innovation concept.
In the Blue Ocean strategy, which advocates fusing low cost and consumer value, this is regarded as a highlight. Nintendo eliminated unnecessary components seen in gaming consoles, including the hard drive, issues with DVD operation, and other things. The goal of doing so was to reduce costs.
As a result, the company was able to integrate a number of innovative features in the new Nintendo Wii that had never been seen before in the gaming industry.
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maddie is the ceo of stevenson, ross, and warner (srw), a regional accounting firm. srw offers services in most areas of accounting, including auditing and consulting services. the firm must follow the gaap rules, just like any other accounting firm. if there are information gaps that are not addressed and resolved by the firm, srw could be considered a violator of the sarbanes-oxley act. maddie understands what must be done and wants every employee of the firm to understand that they have to follow all the rules and regulations. like any other industry, accounting is a competitive industry and employees of accounting firms must be productive, progressive, and well trained. refer to stevenson, ross, and warner. one of srw's clients is abc electronics. srw develops abc electronics' statements and reports for abc's stockholders, financial analysts, and bankers. these services can be classified as which of the following?
The services that are being rendered in Stevenson Riss and warner would be classified under what is regarded as financial accounting.
What is meant by financial accounting?
The process of recording, compiling, and reporting the numerous transactions occurring from corporate operations throughout time is known as financial accounting. It is a particular branch of accounting.
The process of documenting, compiling, and reporting transactions and revenue-expense generation over a period of time is known as financial accounting. Before expressing interest in working with the company, for instance, investors or sponsors must confirm an account statement. Therefore we would say that financial accounting is the solution here.
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in addition to setting the minimum training and education, personal protective clothing and equipment, and the medical and physical requirements for firefighters, all of the following are major categories covered in the nfpa 1500 the standard on fire department occupational safety and health program except
Brush jackets and pants or one-piece jumpsuits, gloves, goggles, footwear, and head and neck protection are major categories covered in the Copa 1500 the standard on fire department occupational safety and health program.
Safety and health programs help corporations: prevent administrative center accidents and ailments. enhance compliance with legal guidelines and policies. lessen expenses, including enormous discounts on people's repayment rates. interact, with employees.
the primary aim of safety and fitness applications is to save you place of job accidents, illnesses, and deaths, in addition to the suffering and monetary difficulty those occasions can purpose for employees, their families, and employers.
A protection application serves to count on, discover, and cast off situations or practices that would result in work-related accidents and illnesses. preferably, the system of growing a place of business protection software will contain personnel in its introduction.
Correcting hazardous acts and risky conditions. making sure that the simplest authorized or adequately educated workers to carry out responsibilities or function equipment. Reporting and investigating all incidents. examining the areas they've to manage over and taking remedial motion to limit or dispose of risks.
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in order to get more audience participation, a radio show offers a prize to the first person to call the show at the beginning of every hour. the show is using which of the following schedules of reinforcement?
To get more audience participation, a radio show offers a prize to the first person to call the show at the beginning of every hour. This process is known as fixed intervals.
What is the meaning of Audience?An audience is a set of individuals who attend a performance or who come into contact with a piece of music, video game content, or academic content in any format. Different forms of art involve the audience in various ways.
Knowing your audience can help you decide what information to include, how to deliver that data, and what kinds of supplementary information the reader will need to comprehend what you are providing.
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FILL IN THE BLANK. according to the vals segmentation system,___are successful, goal-oriented people who focus on career and family. they favor premium products that demonstrate success to their peers.
The segmentation system developed by VALS defines "achiveres" as successful, goal-oriented individuals who prioritize their family and careers. They choose high-end goods that show achievement to their peers.
Define the term segmentation system by VALS?Innovative thinkers, learners, achievers, believers, strivers, makers, and survivors make up the eight consumer categories that make up the psychographic segment customer system known as VALS, which refers for Values, Attitudes and Lifestyles.
VALS is a marketing method used to forecast customer behavior based on factors such as their philosophical convictions, mechanical propensities, and intellectual curiosities. Target audiences are defined using a number of questions called VALS, which stands for Values and Lifestyles. Using the segmentation technique VALS 2, the marketplace (or potential clients) is divided into 8 segments. Unlike AIO, which focuses on activities, interests, and opinions, VALS2 is more concerned with psychological aspects of a consumer. Customers are targeted in this way depending on their views and values.Thus, the segmentation system developed by VALS defines "achiveres" as successful, goal-oriented individuals who prioritize their family and careers. They choose high-end goods that show achievement to their peers.
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Sabas company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:.
The dividends are 2.25 per share for preferred. Common stock for the second year 25,000 in arrears.
A dividend means a share of a company's gain distributed to shareholders as either stock or cash, usually paid quarterly, like a bonus to investors.
Initially, we determine the value of preferred dividends through this formula:
Preferred Dividend = Par value * Rate of Dividend * Number of Preferred Stocks
Preferred Dividend = 20,000 x $100 x 0.02 = $40,000 per year
Then we calculate the second year dividends declared:
45,000 - 40,000 = 5,000 left
Therefore, we determine dividends per preferred share through this formula:
30,000 - 5,000 = 25,000 in arrears
45,000/20,000 shares = 2.25 dividends per share
This question isn't complete. The complete question can be seen below:
Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends per share for preferred and common stock for the second year.
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During periods of increasing costs, the use of the FIFO method of costing inventory will yield an inventory amount for the balance sheet that is higher than LIFO would produce.
T
True, During periods of increasing costs, the use of the FIFO method of costing inventory will yield an inventory amount for the balance sheet that is higher than LIFO would produce.
What is FIFO method?
First in, first out (FIFO) is a simple method for valuing inventories that relies on the idea that the first-produced or-bought products will be sold first. Theoretically, this means that the oldest inventory is sent to clients before the newest inventory.What do the FIFO and LIFO methods mean?
The goal of FIFO (first in, first out) inventory management is to value inventory to reduce the likelihood that the company would lose money when things go bad or become obsolete. In order to determine the cost of goods sold, LIFO (last in, first out) inventory management is preferable for nonperishable goods.Learn more about FIFO method
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which of the following methods of preparing the statement of cash flows is (are) acceptable under u.s. gaap? (select all that apply.) multiple select question. the direct method the working capital method the indirect method
The methods that are acceptable in GAAP for preparing the statement of cash flows are:
Direct methodindirect methodWhat is GAAP?A group of regularly followed accounting rules and standards for financial reporting is known as generally accepted accounting principles (GAAP or US GAAP).
GAAP is significant since it contributes to preserving market confidence. Investors would be less inclined to believe the information supplied to them by corporations because they would have less faith in the accuracy of it if it weren't for GAAP. Without that trust, fewer transactions might occur, which could result in greater transaction costs and a weaker economy.
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when economists evaluate the effectiveness of government regulations, they must examine the and the to the nation.
When economists evaluate the effectiveness of government regulations, they must examine efficiency and innovations.
Regulations:
In business terms, regulation refers a imposition of rules by government, backed by the use of penalties that are intended specifically to modify the economic behavior of individuals and firms in the private sector
Given,
Here we need to find when economists evaluate the effectiveness of government regulations, they must examine.
While we looking into the given question, we have identified that,
When we evaluate the government regulations, we must consider the following,
market confidence - maintain confidence in the financial system.financial stability – contributing to the protection and enhancement of stability of the financial system. consumer protection – securing the appropriate degree of protection for consumers.To know more about Regulations here.
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U.S. Population YEAR POPULATION 1930 122,800,000 1940 131,700,000 1950 150,700,000 1960 179,300,000 It Is Estimated That The Limiting Population That The United States Can Support Is 500,000,000 People. Predict
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U.S. Population
YEAR POPULATION
1930 122,800,000
1940 131,700,000
1950 150,700,000
1960 179,300,000
It is estimated that the limiting population that the United States can support is 500,000,000 people. Predict the population for the year 2000 using the logistic growth model on the basis of the data in the years 1930 and 1940. In other words:
Let P = P (t) be the population, where t is the number of years after 1930.
Assume P (t) is of the form given by the logistic equation. Determine what the value of L must be in this case.
Find the exact values of P (0) and P (10) from the U.S. Population table given above. Use these two data points to find the values of b and k in the formula for P (t).
Note: Answer to the nearest 1 million people, and do not use commas in your answer.
Population for year 1960 is 245700000 using logistic model
Solution:
Let P(t) represent the population
t represent the number of years after 1940.
P (0) corresponds to the year 1940 when 1-0
P(0)=131,700,000
P (10) corresponds to the year 1950 when t=10 P(10)-150,700,000
To find the population using logistic model.
The slope is
m= P(10)-P(0)/ 10-0
m= 150, 700,000-131,700,000 / 10 = 1900000
Also the intercept
c =P(0) = 131700000
Therefore, the equation of the population is.
P(t) = 1900000t +131,700,000
Now
To find the population at the year 2000, put t-60
P(60) = 1900000(60) +131,700,000
P(60) = 245700000
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to calculate total interest paid during the life of a mortgage loan, you must know the total of all monthly payments and the
To calculate the total interest paid during the life of a mortgage loan, you must know the total of all monthly payments and the interest rate.
In finance and economics, hobby is price from a borrower or deposit-taking economic group to a lender or depositor of an quantity above repayment of the essential sum (that is, the quantity borrowed), at a particular price.[1] it's miles distinct from a rate which the borrower might also pay the lender or some third celebration. it is also wonderful from dividend which is paid via a employer to its shareholders (owners) from its profit or reserve, however no longer at a specific price determined beforehand, instead on a seasoned rata basis as a proportion within the reward gained via threat taking entrepreneurs when the sales earned exceeds the full fees.
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Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth year, the equipment is sold for $6,000. The entry to record this sale will include _____. Assume the straight-line depreciation method is used. Select all that apply and click Submit. a credit to Loss for $1,000 a credit to Gain for $6,000 a debit to Equipment for $6,000 a credit to Equipment for $10,000 a debit to Cash for $6,000 a debit to Accumulated Depreciation for $5,000 a credit to Gain for $1,000
The correct options for the sales of the Infinity Corporation are-
credit to Equipment for $10,000.debit to Cash for $6,000debit to Accumulated Depreciation for $5,000credit to Gain for $1,000.Define the straight-line depreciation method?The simplest way to determine depreciation over time is through straight-line depreciation.
According to this strategy, an asset's value is reduced by the same amount for each year that it is in use. The depreciation approach known as the straight line shows a linear rate of wear and tear. A given asset's annual depreciation is calculated, and the asset is then depreciated by that figure each subsequent year.For the stated question-
Equipment having a 10-year life span and no residual value was purchased for $10,000 by Infinity Corporation. When the fifth year is up, the machinery is auctioned for $6,000.
The given shall be included in the entry to document this transaction.
Credit to Equipment for $10,000Debiting $6,000 from Cashdebit to Accumulated Depreciation for $5,000Credit to Gain for $1,000;To know more about the straight-line depreciation method, here
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The bladder holds about _________ cups of urine during the day and doubles that amount at night.
The bladder holds about 1.5 to 2 cups of urine during the day and doubles that amount at night.
The urinary bladder is a muscular sac just behind the pubic bone in the pelvis. The bladder is roughly the size and shape of a pear when it is empty. The kidneys produce urine, which then passes via two tubes called ureters and into the bladder. Urination can be restricted thanks to the bladder's ability to hold urine. Strips of muscle tissue that extend to contain urine line the bladder. The bladder typically holds 400–600 ml of fluid. The bladder muscles contract and two sphincters open to let urine flow out during urination. The urethra, which transports urine outside the body, receives urine when it leaves the bladder.
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Grill Town, Inc. manufactures barbecue grills. Based on past experience, Grill Town Inc. has found that its total annual overhead costs can be represented by the following formula: Overhead cost = $425,500 +2.25x, where x equals the number of grills. In 2018, Grill Town produced 25000 grills compared to produced 27,000 grills in 2019. Actual overhead costs for the year were as expected. What is the total overhead cost incurred by GrillTown in 2019? $0 O $481,750 O $425,000 $486,250
Option d. $486250 is the correct answer. The total overhead cost incurred by GrillTown in 2019 is $486250
The expenses connected with running a firm are known as overhead costs. You will have to pay for these expenses even before you sell a single good or service (although you will continue to incur overhead at regular intervals throughout the operation of your business). Rent, electricity, business permits, accounting fees, advertising charges, and payroll are all examples of overhead costs. While direct costs, like those for raw materials or packaging supplies, are directly related to the good or service you offer, these costs are fairly predictable and constant. Your direct costs will rise proportionately as your sales do.
Formula that represent the overhead cost = $425,500 + 2.25x
Let x represent the number of grills
Overhead cost for the year 2019 where the number of grills is 27000 we get:
$425500 + 2.25*27000
= $425500 + 60750
= $486250
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You want to create a portfolio equally as risky as the market, and you have $2,400,000 to invest. Given this information, fill in the rest of the following table: (Do not round intermediate calculations. Round your answers to the nearest whole number, e.g., 32.)
Asset Investment Beta
Stock A $ 360,000 1.00 Stock B $ 624,000 1.10 Stock C $ 1.20 Risk-free asset
The Beta of risk free asset is 0
What is asset?
Any resource that a company or other economic entity owns or controls is considered an asset in financial accounting. Anything that has the potential to generate positive economic value qualifies. The ownership value that may be converted into cash is represented by assets. The monetary value of an organization's assets is shown on its balance sheet. It protects cash and other valuables that belong to a person or a company.
Tangible and intangible assets are the two main categories into which assets can be divided. Current assets as well as fixed assets are just two of the many subclasses that make up tangible assets.
Beta of market = 1
Beta of risk free asset = 0 [as there is no risk involved ,beta= 0]
Weight of stock A = 360,000 / 2,400,000 = .15
STOCK B = 624,000 / 24,000,000 = .26
let weight of stock C =X
Weight of risk free asset = 1 - .15 -.26 -X = .59-X
beta of market = weighted average of stock
1 = (1* .15 )+(1.1 * .26 )+(1.20*X ) + [0 * (.59-x)]
1 = .15 + .286 + 1.20X + 0
1 = .436 + 1.20X
1.20X = 1 - .436
X = .564 / 1.20
= .47
weight of stock C= .47
Weight of risk free asset = .59 -.47 = .12
Investment in stock C= 2,400,000 * .47 =$ 1128000
risk free asset = 2,400,000 * .12 =$ 288000
Beta of risk free asset = 0
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The Grand Inn is a restaurant in Flagstaff, Arizona. It specializes in southwestern style meals in a moderate price range. Paul Weld, the manager of Grand, has determined that during the last 2 years the sales mix and contribution margin ratio of its offerings are as follows. Percent of Total Sales Contribution Margin Ratio 50% 25% 50% 80% Appetizers Main entrees Desserts Beverages 50% 10% 25% Paul is considering a variety of options to try to improve the profitability of the restaurant. His goal is to generate a target net $117,000. The company has fixed costs of $1,053.0oo per year.
The target profit sales revenue is $2,381,516 and
A target profit is the profit goal a company has set itself and in order to calculate the sales revenue needed to reach this target, the total fixed cost and weighted average contribution margin are used.
Percent of Total Sales Contribution Margin Ratio Weighted average Margin
Appetizers 15% 60% 9%
Main entrees 50% 25% 12.5%
Desserts 10% 5% 5%
Beverages 25% 80% 20%
Totals 100% 46.50%
Target Profit sales revenue = Target Profit + Fixed Cost / Weighted Average Contribution Margin Ratio
= $117,000 + $1,053,000 / 46.5%
= $2,381,516
Percent of Total Sales Target Profit Sales Revenue
Appetizers 15% 357,227
Main entrees 50% 1,190,758
Desserts 10% 238,152
Beverages 25% 595,379
Total 100% $2,381,516
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Borrowers taking a balloon payment mortgage most likely
Borrowers taking a balloon payment mortgage most likely must repay the loan in five to ten years.
What is the balloon mortgage?The balloon mortgage is a type of real estate loan with low or no monthly payments for an initial period, after that the borrower is needed to pay off the balance in a lump sum.
In general, the biggest advantage of a balloon mortgage is it comes with lower interest rates, thus you create smaller monthly mortgage payments. You also may acquire for a larger loan amount with a balloon mortgage than you would if you got an adjustable-rate or fixed-rate mortgage.
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According to ASC Topic 606 guidance for revenue recognition, which of the following statements is true regarding customer options when identifying performance obligations in a contract? 24 1.25 Multiple Cholce points 01:32:57 There Is an additional performance obligation for additional goods or services If the customer could obtaln the same rights to additional goods or services without entering into the current contract agreement There is an additional performance obligation for additional goods or services if the option in the contract provides for the additional goods or services at their stand-alone selling price. There Is an additional performance obligation for additional goods or services If the customer could obtain the same rights to additlonal goods or servIces elsewhere but the additional good or services are provided for free or at a discount In the current contract. There Is no additional performance obligatlon for addltional goods or services If they will be received for free or at a discount, as long as the goods or services are similar to the other goods in the current contract
According to ASC Topic 606 guidance for revenue recognition, There Is an additional performance obligation for additional goods or services If the customer could obtain the same rights to additional goods or services without entering into the current contract agreement.
What is meant by a performance obligation?
A commitment to supply a specific good or service, or a range of specific goods or services, as indicated by the revenue standard, is a performance obligation.
What kind of performance responsibility is this, specifically?
Retailer Peter consents to provide Bob a new washing machine. Delivering the washing machine to Bob in exchange for the specified amount is the performance obligation, according to the customer invoice.
What is a performance obligation?
A pledge to transfer products or services to a consumer is a part of a contract. The promises are performance obligations and need to be handled separately if those goods or services are distinct.Learn more about performance obligation
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grace knows that efficient supply chain management can be used not only to increase the quality of the products her company produces but it can also blank . multiple choice question. lower costs minimize reliability decrease efficiency increase costs
Efficient supply chain management can be used not only to increase the quality of the products the company produces, but it can also lower costs (A).
Supply chain is a network of entities who are involved in creating values for a product until it was delivered to the consumer. Supply chain links the producers of the raw materials to the end delivery who deliver the finished product to the end consumers.
Supply chain builds a network between a company and its suppliers and distributors to produce and distribute a specific produt to the final consumers.
Supply chain management (SCM) is the management of the flow of goods and services within a supply chain including all transforming and value-added process from the raw materials to final products,
An effective supply chain management allows company to communicate more effectively, increase production efficientcy, lower cost, and maximize profits.
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TRUE/FALSE joint costs are irrelevant in a decision to sell a joint product at the split-off point or process it further.
The given statement is True. The joint costs are relevant in deciding what to do with the product after the point of split-off.
Producers incur many costs inside the manufacturing method. it's far the cost accountant's process to trace those charges lower back to a positive product or method (price object) at some point of production. a few costs can't be traced and returned to a single price object. a few charges advantage of multiple products or techniques within the production procedure. these costs are referred to as Joint costs. nearly all manufacturers incur joint costs at a few degrees during the manufacturing process.
it is able to additionally be described because of the value to perform joint-product methods which include the disposal of waste. in regard to joint costs, it's far more important to allocate the joint cost for the different joint merchandise for figuring out individual product charges. numerous techniques are used to allocate joint costs.
Full-size prices of a flight (pilots, gasoline, wear and tear on the plane, touchdown, and take-off expenses) are a joint cost between wearing passengers and sporting freight and underlie economies of scope throughout passenger and freight offerings. a few expenses are precise to the offerings, for example, meals and flight attendants are unique expenses of wearing passengers.
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In the context of inventory costs, _____ can reflect backorders or service interruptions for external customers.
In the context of inventory costs, Stockout Costs can reflect backorders or service interruptions for external customers.
Inventory ManagementInventory management includes the process of planning, coordinating and controlling the movement of inventory – both incoming inventory, production process and outgoing inventory – within the company's organization. Each of these activities consumes costs, so inventory management is intended to control all costs associated with inventory.
The costs associated with inventory are classified under six categories:
Purchasing costs are the costs of goods obtained from suppliers, including these costs, including freight-in costs. Generally, the value of purchasing costs is the largest cost component of the cost of goods sold.Ordering costs are costs that arise from the activities of preparing and issuing purchase orders, receiving and inspecting goods. Ordering costs include the activity of matching goods received with invoices and payment transaction activities.Carrying costs are costs that arise from storing inventory until the inventory is sold. Included in this carrying cost is the Opportunity cost of the investment value in inventory, storage costs, such as warehouse rent, insurance, and the cost of the expired value of goods.Stockout costs are costs that occur because the company experiences a lack of stock to meet consumer demand. The company must immediately fill inventory to meet consumer demand or suffer losses because the company cannot fulfill customer orders.Costs of quality are costs that occur when the features or characteristics of a company's products do not match consumer expectations. This cost of quality category is: prevention, appraisal, internal failure, and external failure.Shrinkage is the difference in inventory costs between the inventory value according to the company's bookkeeping records and the inventory value calculated by physical inspection of inventory (stock taking). The cause of this difference in value is due to damage, misclassification, theft, and administrative errors in recording.Learn more about Inventory Management at: https://brainly.com/question/13439318
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total revenue from five bicycles is $2,000, and total revenue from four bicycles is $1,800. the marginal revenue in the interval between four and five bicycles is $________.
The marginal revenue in the interval between four and five bicycles is $ 300.
What is marginal revenue?The sale price of a further item sold is equal to the margin of profit. A corporation divides the change in its total revenue by the change in its total output quantity to determine its marginal revenue. The selling price of one additional item that was sold makes up marginal revenue.
The money a business makes from each new sale is known as marginal revenue. In other words, it calculates the profit a company would get by selling a single additional good. A baker's marginal revenue, for instance, is $2 if they sell an additional loaf of bread for $2.
A company can look at its marginal revenue to ascertain the amount of earnings it will make from the additional units of output sold.
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ome recent economic research has suggested that African countries' economic growth may have been limited by __________________.
geography and climate
Some recent economic studies have hypothesized that geography and climate may have restricted the economic expansion of African nations.
What is Economic Expansion? A real GDP expansion occurs when it takes two or more quarters to go from a low point to a high point. When the economy is stimulated, there is an increase in employment, which is followed by a rise in consumer confidence and discretionary expenditure.What phases of economic expansion are there?The cycle has four phases: peak, expansion, contraction and trough. Variables like GDP, interest rates, total employment, and consumer spending may all be used to establish what stage of the economic cycle we are now in. Understanding economic cycles has significant advantages for investors and businesses.There are a number of important signs that can be used to determine whether an expansion will take place soon.They are raising interest rates, business profits and capital expenditure levels for sustaining and expanding operations.Some recent economic studies have hypothesized that geography and climate may have restricted the economic expansion of African nations.
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Recent economic research has raised the possibility that geography and climate may have limited the economic growth of African countries.
What is economic expansion and stages of economic growth exist?When it takes two or more quarters to move from a low point to a high position, there has been a real GDP expansion. Increased employment results from economic stimulation, and this is followed by an increase in consumer confidence and discretionary spending. Peak, expansion, contraction, and trough are the cycle's four phases. It is possible to determine what stage of the economic cycle we are now in by looking at variables such as GDP, interest rates, total employment, and consumer spending. There are a few significant indicators that can be utilized to predict when an expansion will occur. For the purpose of maintaining and growing operations, they are increasing interest rates, corporate earnings, and capital expenditure levels. Recent economic research has raised the possibility that geography and climate may have limited the economic development of African countries.
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If the smoothie shop owner adds $25,000 to the small business loan to cover unexpected equipment repairs, what will be the total net worth? $495,120 $520,120 $545,120 $765,054
The shop's entire net worth is $495,120, implying that option A is the correct answer.
What is the net worth?The difference between total assets and total liabilities is described as net worth. It is a monetary unit of measurement. It is determined by one's life circumstances, financial demands, and lifestyle.
Computation of net worth of smoothie shop:
Net worth = Assets – Liabilities
Net worth = ($765,054 – $269,934)
Net worth = $495,120
Whereas,
Assets = $42,970 + $229,682 + $135,327 + $34,823 + $10,265 + $186,987 + $125,000
Assets = $765,054
Liabilities = [$56,000+ $110,650 + ($52,495 + $25,000) +$25,789]
Liabilities = $269,934
Therefore, the net worth is $495,120. So, option A is correct.
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Your question is incomplete, but most probably your complete question was:
The assets and liabilities of a smoothie shop are listed below. If the smoothie shop owner adds $25,000 to the small business loan to cover unexpected equipment repairs, what will be the total net worth?
Owned inventory = $42,970
Cash = $229,682
Long term liability = $56,000
Saving account = $135,327
Owned equipment = $34,823
Account receivable = $10,265
Property value = $186,987
Long term investment = $125,000
Small business loan = $52,495
Other debt = $25,789
Building mortgage = $110,650
Options:
1. $495,120
2. $520,120
3. $545,120
4. $765,054
Answer: Option A $495,120
Explanation: took the test and got it right
what is the expected return for the following asset? outcome likelihood/weight expected return a .10 -20% b .45 5% c .35 10% d .10 18% overall expected return
The average return a risky asset is anticipated to generate over an extended period of time is referred to as its expected return. On the other side, the standard deviation of returns explains how actual returns vary from the expected return.
Return one (R₁) = -20%
Probability of R₁ (p₁) = 0.10
R₂ = 5%
p₂ = 0.45
R₃ = 10%
p₃ = 0.35
R₄ = 18%
p₄ = 0.10
The expected Return on an asset can be calculated as:
Return = (R₁ × p₁) + (R₂ × p₂) + (R₃ × p₃) + (R₄ × p₄)
Return = (-20 × 0.10) + (5 × 0.45) + (10 × 0.35) + (18 × 0.10)
Return = -2 + 2.25 + 3.5 + 1.8
∴ Expected return = 5.55%
Therefore expected return on assets = 5.55%
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developing a content distribution goal begins with identifying the purpose behind your distribution efforts. which questions can help you identify your purpose? select all that apply.Why are you sharing this content?What are your expectations after promoting this content?What content are you sharing?What distribution channels are you planning to use?
What distribution channels are you planning to use? This question help to identify the developing a content distribution goal begins with identifying the purpose behind your distribution efforts.
A content distribution strategy is a strategy that aids a company in distributing its information, whether that material is marketing a new ebook or the most recent blog post. A content distribution plan ensures that the material is viewed by everyone; simply publishing content won't get you very far.
The act of promoting material to internet audiences in various media formats via numerous channels is known as content distribution. Owned, Earned, and Paid are the three categories into which these channels may be divided.
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the goal of the commercial bank is to multiple choice generate more revenue from loans than it pays out in interest to depositors. generate more interest from depositors than it pays out to borrowers. decrease the need to loan money and only focus on paying interest to depositors. decrease interest rate payments made by borrowers and increase interest payments to depositors.
The ideal of a commercial bank is to make further plutocrat from loans than it does from interest payments to depositors.( Option A)
- Furnishing fiscal services to people and businesses is marketable banks' main duty in order to advance social and profitable stability and long- term profitable growth. The primary part of commercial banks in this regard is the product of credit.
- The spread, or the difference between the interest rates they pay on deposits and the interest rates they get on loans they make, is how they induce profit. They admit interest on the securities they enjoy.
- Mortgages, bus loans, business loans, and particular loans are just a many of the loans that commercial banks offer and charge interest on to induce profit. client deposits to banks supply the finances needed to fund these loans.
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which of the following is not performed by the fed? group of answer choices holding member bank reserves on deposit making loans to member banks issuing bank notes serving as bankers to other banks holding deposits of households and firms
Five tasks are carried out by the Federal Reserve System to advance the efficient running of the American economy and, more generally, to satisfy the needs of the general public,the Board of Governors, the 12 Federal Reserve Banks, and the Federal Open Market Committee are its three main constituents.
Overview of the Federal Reserve SystemIn order to advance the soundness of the American economy and the stability of the American financial system, the Federal Reserve undertakes five essential tasks.
The Three Key System EntitiesIn order to advance the strength of the American economy and the stability of the American financial system, the Board of Governors, the Federal Reserve Banks, and the Federal Open Market Committee collaborate.
Conducting Monetary PolicyIn order to encourage maximum employment and stable pricing in the American economy, the Federal Reserve determines the country's monetary policy.
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when managers seek to improve their businesses, adapt to changing market conditions, and react to opportunities as they present themselves, they are performing which of these roles?
When managers seek to improve their businesses, adapt to changing market conditions, and react to opportunities as they present themselves, they are performing Entrepreneurs of these roles.
What are Entrepreneurs?An entrepreneur is typically a person who founds a new company, participates actively in its management, bears the majority of the financial risk, and benefits greatly from its success. Entrepreneurship is the act of starting a new business, and it is frequently motivated by innovative ideas for goods or services.
From the creator of a start-up to the owner of a small firm to the boss of a large corporation, the concept of an entrepreneur is still evolving and growing. Understanding how and why entrepreneurship functions is crucial as it becomes more important to how people perceive their jobs.
A startup is a company that an entrepreneur establishes after spotting a compelling possibility for development and is a typical form of entrepreneurial endeavor. Growth, rather than becoming one's own boss, is the main goal for entrepreneurs who begin firms, according to the Center for American Entrepreneurship.
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