Home-based businesses are businesses that are operated from the owner's home. They are becoming increasingly popular due to the rise of the internet and the ability to conduct business online.
Here are some key characteristics that are generally true of home-based businesses:
Low overhead costs: One of the biggest advantages of a home-based business is that the owner can save on overhead costs such as rent, utilities, and commuting expenses.
Flexible work hours: Home-based business owners have the flexibility to set their own work schedule, which can be especially useful for those who need to balance work with family or other obligations.
Potential tax benefits: Depending on the tax laws in their country, home-based business owners may be eligible for tax deductions on expenses such as home office space and equipment.
Limited space and resources: Home-based businesses may have limited space and resources compared to businesses that operate in commercial spaces. This can be a disadvantage for businesses that require a lot of inventory or equipment.
Possible zoning and legal restrictions: Home-based businesses may be subject to zoning and legal restrictions in their local area, so it is important to research and comply with any applicable laws and regulations.
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Icebreaker Company (a U. S. -based company) sells parts to a foreign customer on December 1, 2020, with payment of 16,000 dinars to be received on March 1, 2021. Icebreaker enters into a forward contract on December 1, 2020, to sell 16,000 dinars on March 1, 2021. The forward points on the forward contract are excluded in assessing hedge effectiveness and are amortized to net income using a straight-line method on a monthly basis. Relevant exchange rates for the dinar on various dates are as follows: Date Spot Rate Forward Rate (to March 1, 2021) December 1, 2020 $ 2. 70 $ 2. 775 December 31, 2020 2. 80 2. 900 March 1, 2021 2. 95 N/A Icebreaker must close its books and prepare financial statements at December 31. A-1. Assuming that Icebreaker designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U. S. Dollars. A-2. What is the impact on 2020 net income
On the forward market, the dinar is selling for more money (the forward rate is higher than the spot rate). A premium of $1,200 [($2.775 $2.70) x 16,000 dinars] is included in the forward contract.
What is amortization?In accounting, amortization is the systematic depreciation of intangible assets over the course of their projected "useful economic life" to represent their consumption, expiration, obsolescence, or any other loss in value brought on by usage or the passage of time.
The premium will be amortized as an increase to net income over the life of the forward contract at the rate of $400 per month [$1,200 / 3 months].
a. Cash Flow Hedge
Date Journal Entry Debit Credit
12/1/20 Accounts Receivable (dinars) 43,200
Sales 43,200
Record sales revenue and the foreign currency
account receivable.
[$2.70 x 16,000 dinars]
No entry for the forward contract.
12/31/20 Accounts Receivable (dinars) 1,600
Foreign Exchange Gain or Loss 1,600
Revalue the foreign currency account receivable
and recognize a foreign exchange gain.
[($2.80 − $2.70) x 16,000 dinars]
OCI 2,000
Forward Contract 2,000
Then record the change in the fair value of forward
contract as a liability.
[($2.90 − $2.775) x 16,000 dinars]
Foreign Exchange Gain or Loss 1,600
OCI 1,600
Record the foreign exchange loss on the forward
contract in order to offset foreign exchange gains on
account receivable.
OCI 400
Foreign Exchange Gain or Loss 400
Amortize the forward contract premium to the net income
over life of the contract.
[$1,200 x 1/3 = $400]
Impact on 2020 net income:
Sales $43,200
Foreign exchange gain (loss) 400
Total $43,600
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Employees preparing action plans represents the ______ step in management by objectives.
Action plan creation by employees is the strategic phase in management by objectives.
What is meat by Action plan?A thorough plan outlining the steps to take in order to accomplish one or more goals is called an action plan. [Reference required] As an alternative, it can be described as "a sequence of steps that must be taken, or activities that must be executed properly, for a plan to succeed."
A tool for social planning is an action plan. Identifying the steps that must be taken in order to reach a goal is an organizational strategy. It takes into account specifics, could aid in creating boundaries for an organization, and is effective in that it saves money over trial and error
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Answer: second step
Explanation:
all the uncontrollable forces originating outside the home country that surround and influence the firm are part of the blank environment. multiple choice question. international foreign global transnational
All the uncontrollable forces originating outside the home country that surround and influence the firm are part of the international environment.
What is an international environment?The international environment is the set of external uncontrollable factors that a firm encounters when it engages in international business. These factors may include economic factors such as exchange rates, inflation, and economic growth rates in foreign markets, political factors such as the stability of the host country's government, regulations, and political risks, cultural factors such as language, religion, and social norms, and legal factors such as laws and regulations related to trade and commerce in foreign markets.
For firms engaging in international business, the international environment is an important consideration. Understanding the unique features of each foreign market is crucial to developing successful business strategies. Factors such as differences in consumer preferences, cultural norms, and legal regulations can have a significant impact on a company's success in foreign markets.
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what are some drawbacks you can think of if you were to choose an income-driven plan when you could be making higher payments?
Income-driven plans award you a mortgage amount based on your socio - economic status size in an attempt at making your repayment of student loans more affordable.
Your monthly payment amount is determined differently under each type of income driven plan, and each has its own qualifying restrictions. Also, your payments can increase and any unpaid interest might be capitalised or added to the loan principal if you don't recertify your income-based repayment plan. You will be transferred to an alternative plan, where your monthly payments won't be determined by your income, if you fail to recertify your plan. If you don't recertify for some IBR plans, your monthly premium will no longer be based on your income even though you'll still be covered by the plan.
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Beginning inventory plus the cost of goods purchased equals?A. cost of goods soldB. cost of goods available for saleC. net purchasesD. total goods purchased
B. The cost of the items that are available for sale is equal to the beginning inventory plus the cost of the goods that were purchased.
What is the beginning inventory formula?Starting inventory equals sales (COGS) plus ending inventory minus purchases (inventory added to stock). Sales (COGS) is the cost of goods sold, ending inventory is the inventory value at the conclusion of the accounting period, and purchases are the total amount of inventory added to stock during the accounting period.
What is the net sales formula?Returns, allowances, and discounts can be subtracted from the total sales figure to determine net sales. Net Sales are calculated as follows: Total Sales - Refunds, Allowances, and Discounts.
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What business owner characteristics is important in your daily verbal and written interaction with employees
There are several important business owner characteristics that are crucial in daily verbal and written interactions with employees. These include:
Clear communicationActive listeningEmpathyAdaptabilityProfessionalismBelow we explain the characteristics that the business owner should have in his interaction with employees:
Clear communication: It is important for business owners to be able to communicate their thoughts, ideas, and instructions clearly and effectively through both verbal and written methods.Active listening: Business owners should be able to listen actively and attentively to their employees in order to understand their concerns, feedback, and ideas.Empathy: Business owners should be able to empathize with their employees and understand their perspectives and feelings.Adaptability: Business owners should be able to adapt their communication style to fit the needs and preferences of their employees.Professionalism: Business owners should always maintain a professional demeanor and tone in their verbal and written interactions with employees.By exhibiting these characteristics, business owners can effectively communicate with their employees and foster a positive and productive work environment.
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even though the rents can be higher, an end or corner location is generally better. true or false?
Even though the rents can be higher, an end or corner location is generally better. - True
Businesses that depend on foot traffic may do better on an end or corner site since they are more accessible to and visible to pedestrians. Cafes, shops, and restaurants that operate in the retail or hospitality industries might gain a lot from using this strategy.
Conversely, a position further from the corner can be more suitable for firms that rely more on automobile traffic or have a larger parking lot. In addition to this, the total rent for an end or corner location could be more expensive than for a spot further down the block, which might not be an option for many businesses, especially those with few resources.
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How did science, technology, and big business promote industrial growth
Because each enabled industries to expand their productivity and efficiency, science, technology, and large business all supported industrial growth.
Which contributions did science and technology make to the Industrial Revolution?The Industrial Revolution benefited greatly from new discoveries and technologies. They altered the way that things were powered, items were produced, people interacted, and goods were carried.
How did scientific developments affect daily living during the Industrial Revolution?Improvements in food safety and medical procedures were only two of the numerous ways that science had an impact on living throughout the Industrial Revolution. Also, it altered peoples' fundamental worldviews and produced a shift in how most people perceived the world.
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Which involves financial intermediaries, and which involves financial markets?
A. direct finance requires financial markets, while indirect finance involves financial intermediaries
B. Indirect finance requires financial markets while direct finance involves finance intermediaries
C. Both direct and indirect finance require financial intermediaries and financial markets
D. Neither direct or indirect finance requires the use of financial intermediaries and financial markets
The answer is A. Direct finance requires financial markets, while indirect finance involves financial intermediaries.
Direct finance involves the issuance of securities by borrowers directly to savers, without the involvement of financial intermediaries. This can be done through financial markets, such as stock markets, bond markets, or other securities markets. In this case, the borrowers obtain funding directly from the savers who purchase the securities, without the need for financial intermediaries.
Indirect finance, on the other hand, involves the use of financial intermediaries, such as banks, insurance companies, and pension funds, to channel funds from savers to borrowers. The financial intermediaries collect funds from savers and then lend or invest these funds to borrowers. Indirect finance typically involves financial markets as well, as financial intermediaries may buy and sell securities to manage their portfolios.
Therefore, direct finance requires financial markets as the securities are issued directly to savers, while indirect finance involves financial intermediaries that channel funds from savers to borrowers.
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sales personnel at wheelworks know that their typical customers live active lives, crave detailed information about products, respond well to low-pressure sales environments, and share product experiences with others. building consumer profiles from a combination of characteristics is known as the .
Building consumer profiles from a combination of characteristics is known as the multiple trait approach.
What is multiple-trait approach?
A comparable analysis technique called the multiples trait approach aims to value comparable businesses based on comparable financial measures. When using the valuation method, an analyst presumes that a specific ratio is appropriate and applies to various businesses in the same sector or industry. This method examines multiple traits to determine whether they are similar or different in order to prove the convergent and discriminant validity of the traits. Similar to the previous strategy, this one employs a variety of methods to investigate the differential effects or lack thereof caused by method-specific variance.
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given all of the factors listed in the preceding question, what strategy would make the most sense for the championship team as it prepares for the upcoming season?a. Sign a free-agent outfielder to bolster the current roster and sign the young pitchers to long-term contracts. b. Assume that as the players age, they will continue to produce at their current levels. c. keep the Giants intact and do not hire any new players because the team was good enough to win the World Series. d. Trade the Giants' young pitchers to another team for minor-league prospects who aren't ready for the major league.
The most sensible strategy for the championship team as it prepares for the upcoming season would be option a, which is to sign a free-agent outfielder to bolster the current roster and sign the young pitchers to long-term contracts.
The team's success in the previous season was partly due to the contributions of its young pitching staff, and signing them to long-term contracts would ensure their continued presence and performance for the team. Additionally, adding a free-agent outfielder would improve the team's overall roster depth and talent level. Assuming that the players will continue to produce at their current levels is risky, as it doesn't account for potential injuries or declines in performance. Baseball is a physically demanding sport, and injuries can happen at any time, which could significantly impact the team's performance. Additionally, players can experience declines in their performance due to age or other factors, which could affect the team's overall success. Keeping the team intact without any new additions could also make the team vulnerable to complacency and lack of improvement. While the team had a successful season, the competition in baseball is fierce, and other teams will be working hard to dethrone the champions. Therefore, it's essential to continue making improvements and adding new talent to the team to maintain their success. Finally, trading the young pitchers for minor-league prospects who aren't ready for the major league would be detrimental to the team's chances of repeating as champions. The young pitchers played a significant role in the team's success in the previous season, and trading them away would weaken the team's pitching rotation. Additionally, acquiring minor-league prospects who aren't ready for the major league wouldn't provide any immediate benefit to the team, and it would be a risky move.
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what should the local regulatory authority do during an inspection?
These regulatory agencies send inspectors to facilities on occasion to check on operations and make sure they are following all laws, rules, and regulations.
What is the purpose of an inspection by a regulatory authority?At the state and local levels, rules are written and enforced. In order to ensure the food they serve is safe, all businesses need to follow certain procedures. The operation is informed that it complies with the minimum requirements through the inspection procedure.
What roles and responsibilities does the regulatory authority play?safeguarding the public interest. monitoring compliance with other legal and regulatory requirements, as well as contractual obligations to the government and users. monitoring compliance with technical, safety, and quality standards (if they are not specified in the contract agreements). Our government's efforts to protect the environment, increase workplace safety, and improve transportation safety all depend on inspections.
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being a spender has many more positives than being a saver. True or false?
This statement is subjective and there is no objective answer. It depends on one's personal financial goals, values, and circumstances.
Being a spender may have some positive aspects, such as enjoying experiences, acquiring new possessions, and supporting the economy through consumption. However, excessive spending can also lead to financial problems, debt, and stress.
Being a saver, on the other hand, may also have some positive aspects, such as building financial security, preparing for unexpected events, and having the freedom to make choices. However, saving may also mean delaying gratification, sacrificing immediate wants for future goals, and missing out on some financial goals.
Ultimately, the key to financial success is finding a balance between spending and saving that aligns with one's personal goals and values.
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U.S. beer manufacturers want to increase exports of beer to Canada by lowering the price of US beer in Canada. For this to happen, you advise your clients to ask the United States to approach Canada about? a. moning en moontob. removing to ving c. an export d. mpong
The removal of the beer tariff is the best approach to increase beer exports to Canada, hence option B is the appropriate response.
The number of goods that a country is permitted to import or export in a certain period of time is capped by a quota, a trade limitation imposed by the central government. Tariffs are trade-related tariffs that the government imposes on products in order to raise their price and shield domestic and local businesses from foreign competition.
The cost of goods often rises as a result of tariff barriers on exports, which lowers their affordability and discourages people from purchasing such goods.
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cocreation occurs when a customer and a firm collaborate on a product or service. T/F
When a company and a client work together to create a good or service, this is called co-creation. This statement is true.
Co-creation is a process of jointly creating value between the customer and the firm. It involves collaboration between the customer and the company to design and develop a product or service that meets the customer's needs and preferences.
Co-creation is a customer-centric approach that recognizes that customers have unique insights and knowledge about their own needs and preferences. By involving the customer in the design and development process, companies can create products and services that are more aligned with the customer's expectations and desires.
Co-creation can take many forms, from online communities and crowdsourcing to in-person focus groups and workshops. It is becoming an increasingly popular strategy for companies looking to differentiate themselves in a crowded market by offering personalized and unique products and services that meet the specific needs and wants of their customers.
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formula of unemployment rate
The formula for the unemployment rate is Unemployment rate = (Number of unemployed individuals / Labor force) x 100
The unemployment rate is a measure of the percentage of the labor force that is unemployed and actively seeking work. It is calculated by dividing the number of unemployed individuals by the total number of individuals in the labor force and multiplying by 100.
The labor force includes all individuals who are either employed or unemployed but actively seeking work. It does not include individuals who are not seeking work, such as retirees, stay-at-home parents, or students.
The number of unemployed individuals includes all individuals who are not currently employed but are actively seeking work. It does not include individuals who are not seeking work, such as those who have given up on finding employment.
The unemployment rate is an important economic indicator that provides insights into the health of the labor market. A high unemployment rate can indicate a weak economy, while a low unemployment rate can indicate a strong economy with high levels of job growth.
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which action can be considered a product decision?
It is possible to classify a variety of behaviors as product decisions. For instance, decisions about a specific product, such as its design or quality decisions about a product line and decisions about the product mix can all be seen as decisions on a specific product.
The choice of what goods or services a business will sell is known as a product decision. To successfully develop a marketing mix and achieve the company's goals, several choices are essential. Before we go into the specifics of product decisions, let's quickly look at some examples of the different kinds of decisions marketers might make. Marketers take into account: The primary benefit of the product when making decisions about products. Examples include.
You can slake your thirst with mineral water.
You get from place A to place B via a bus.
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why is it impossible for firms in a monopolistically competitive industry
It is impossible for firms in a monopolisticaly competitive industry because existing businesses might band together to become a monopoly.
Initially, we must distinguish between short-term and long-term consequences.These businesses, when combined as a monopoly, would have positive economic profit in the short term. Yet, over time, this would result in a decline in profit or perhaps a loss. Due to the lack of entry barriers, new companies will enter the market and produce similar but distinct items. These new items, created by new businesses, will draw clients, and as a result, new businesses will share in some of the profits made by already-joined businesses ("monopoly"). So, we might conclude that maintaining this kind of monopoly over the long term is impossible.
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what two qualities make up demand
The utility of a good or service to fulfil a need or want and the consumer's financial capacity are the two main determinants of demand. In essence, real demand occurs when a person's willingness and ability to pay support their willingness to gratify a want.
Among the most significant factors influencing demand are consumer income, preferences, and willingness to switch from one product to another. Since the marginal utility of goods decreases as the quantity owned rises, consumer preferences will depend in part on a product's market penetration. Demand is the consumer's intention to buy a specific product or service.
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True/False. Sport management researchers are interested in questions relating to marketing, finance, communication, human resources, and policy.
Questions pertaining to marketing, finances, communication, human resources, and policy are of interest to sport management researchers. This statement is True.
Sport management research is the act of locating and analyzing particular phenomena or problems that are peculiar to the field of sport management. Any topic, such as organizational behavior and theory, ethics, sponsorship and sales, governance, facility, and event management, or economics and finance, maybe the focus of the study.
Sports researchers can learn more about sports management through study, which also helps them better comprehend the various potential occurrences in the sector. The knowledge they obtain will help them in their efforts to enhance the organization.
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A home has an outdated bathroom, which can be remedied at a cost of $12,000. After the bathroom is updated, the value of the home will increase from $214,000 to $225,000. What type of depreciation is this?
Depreciation of Production Units
Each unit produced under the units of production approach has an identical expense rate assigned to it.
It works best in situations where an asset's worth is determined more by how many units it produces or how much it is utilised than by how long it lasts. The calculation is made by multiplying the expense by the quantity of units generated during the accounting period.
His approach works best for organisations that prioritise production and have assets whose output varies depending on demand.
Depreciation is calculated as follows: (asset cost - salvage value)/estimated units during the item's lifetime x actual units produced
Depreciation calculation Using the Digit Sum of the Years The formula for this calculation is (remaining lifetime/SYD) x (asset cost - salvage value), where SYD is the sum of all the lifespan years.
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Pitman Company is small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it relies completely on independent sales agents to market its products. These agents are paid a commission of 15% selling price for all items sold.
Barbara Cheney, Pitman’ controller, has just prepared the company’s budgeted income statement for next year. The statement follows:
Pitman Company
Budgeted Income Statement
For the Year Ended December 31
Sales……………………………………………………………………………………
$16,000,000
Manufacturing costs:
Variable………………………………………………………………………
7,200,000
Fixed overhead…………………………………………………………..
2,340,000
9,540,000
Gross margin………………………………………………………………………
6,460,000
Selling and administrative costs:
Commissions to agents……………………………………………….
2,400,000
Fixed marketing costs…………………………………………………
120,000
Fixed administrative costs…………………………………………..
1,800,000
4,320,000
Net operating income………………………………………………………..
2,140,000
Fixed interest cost……………………………………………………………..
540,000
Income before income taxes……………………………………………..
1,600,000
Income taxes (30%)……………………………………………………………
480,000
Net income………………………………………………………………………..
1,120,000
*primarily depreciation on storage facilities.
As Barbara handed the statement to Karl Vecci, Pitman’s president, she commented, "I want ahead and used the agents’ 15% commission rate in completing these statements, but we’ve just learned that they refuse to handle our products next year unless we increase the commission rate to 20%".
"that the last straw", Karl replied angrily. "Those agents have been demanding more and more, and this time they’ve gone too far. How can they possibly defend a 20% commission rate?"
"they claim that after paying for advertising, travel, and the other costs of promotion, there’s nothing left over for profit," replied Barbara.
"I say it’s just plain robbery", reported Karl. "And I also it’s time we dumped those guys and got our own sales force. Can you get your people to work up some cost figures for us to look at?"
"We’ve already worked them up," said Barbara. "Several companies we know about pay a 7.5% commission to their own salespeople, along with a small salary. Of course, we could have to handle would be more than offset by the $3,200,000 (20% x $1,600,000) that we would avoid on agents commission."
The breakdown of the $2,400,000 cost follows:
Salaries:
Sales managers…………………………………..
$ 100,000
Sales persons……………………………………..
600,000
Travel and entertainment………………………..
400,000
Advertising……………………………………………….
1,300,000
Total………………………………………………………….
2,400,000
"Super", replied Karl. "And I noticed that the $2,400,000 is just what we’re paying the agents under the old 15% commission rate."
"It’s even better than that," explained Barbara. "We can actually save $75,000 a year because that’s what we have to pay the auditing firm now to check out the agents reports. So our overall administrative costs would be less."
"Put all of these numbers together and we’ll show them to the executive committee tomorrow," said Karl. "With the approval of the committee, we can move on the matter immediately."
Required:
1. Compute Pitman Company’s break-even point in sales dollars for the next year assuming:
a. The agents’ commission rate remains unchanged at 15%
b. The agents’ commission rate is increased to 20%
c. The company employs its own sales force.
2. Assume that Pitman Company decides to continue selling through agents and pays the 20% commission rate. Determine the volume of sales that would be required to generate the same net income as contained in the budgeted income statement for next year.
3. Determine the volume of sales at which net income would be equal regardless of whether Pitman Company sells through agents (at a 20% commission rate) or employs its own sales force.
4. Compute the degree of operating leverage that the company would expected to have on December 31 at the end of next year assuming:
a. The agents commission rate remains unchanged at 15%
b. The agents’ commission rate is increased to 20%.
c. The company employs its own sales force.
Use income before income taxes in your operating leverage computation.
5. Based on the data in (1) through (4) above, make a recommendation as to whether the company should continue to use sales agents (at a 20% commission rate) or employ its own sales force. Give the reasons for your answer.
1. a. Break-even point (Sales) = Fixed Costs / (1 - Contribution Margin Ratio)
= ($9,540,000 + $2,400,000) / (1 - 0.15)
= $16,800,000
b. Break-even point (Sales) = Fixed Costs / (1 - Contribution Margin Ratio)
= ($9,540,000 + $2,400,000) / (1 - 0.20)
= $18,000,000
c. Break-even point (Sales) = Fixed Costs / (1 - Contribution Margin Ratio)
= ($9,540,000 + $2,400,000 - $75,000) / (1 - 0.075)
= $17,000,000
2. Sales = (Fixed Costs + Desired Net Operating Income) / Contribution Margin Ratio
= ($9,540,000 + $2,140,000) / 0.20
= $17,675,000
3. Break-even Point (Sales) = Fixed Costs / (1 - Contribution Margin Ratio)
= ($9,540,000 + $2,400,000 - $75,000) / (1 - 0.075)
= ($9,540,000 + $2,400,000) / (1 - 0.20)
= $17,675,000
4. a. Operating Leverage = % Change in Net Operating Income / % Change in Sales
= (1,600,000 - 2,140,000) / (16,000,000 - 18,000,000)
= -1.5
b. Operating Leverage = % Change in Net Operating Income / % Change in Sales
= (1,600,000 - 2,140,000) / (16,000,000 - 18,000,000)
= -1.5
c. Operating Leverage = % Change in Net Operating Income / % Change in Sales
= (1,600,000 - 2,140,000) / (16,000,000 - 17,000,000)
= -1.25
5. The company should continue to use sales agents at a 20% commission rate. This is because the cost of employing its own sales force and the cost of paying the agents a higher commission rate are the same.
What is Break-even point ?Break-even point (BEP) is a financial measure that is used to determine when a company's total revenue is equal to its total expenses. This is the point at which a company makes no profit or loss, and is considered a critical point for businesses to monitor, as it helps them gauge their performance and make better decisions about their operations. It is calculated by dividing the company's total fixed costs by the difference between its average revenue per unit and its average variable cost per unit. Once a business reaches its break-even point, it can begin to generate profits, and any increase in revenue will result in higher profits.
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one advantage of doing online banking from a wi-fi hot spot is increased security. True/False?
False. Using a Wi-Fi hotspot for online banking does not necessarily increase security, and in fact, it can increase the risk of security breaches and unauthorized access to sensitive information.
Public Wi-Fi hotspots are often unsecured, which means that anyone within range can potentially access the network and intercept data being transmitted between the user's device and the internet. This can include login credentials, personal and financial information, and other sensitive data.
Additionally, cybercriminals can set up fake Wi-Fi hotspots that look legitimate, but are designed to steal information from unsuspecting users. This is known as a "man-in-the-middle" attack, where the attacker intercepts and alters communication between two parties.
To ensure the security of your online banking transactions, it is recommended to use a secure and trusted Wi-Fi network, such as your home or work network, and to always use a secure and up-to-date web browser.
Additionally, you should never share your login credentials or personal information with anyone, and should regularly monitor your account for suspicious activity.
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c. if during the year total liabilities increased by $20,000 and total stockholders' equity increased by $30,000, what are the end-of-year total assets?
All of a person's or entity's possessions are included in their total assets. Assets are items with monetary value that a business owner employs over time to generate profits.
If the owner is a business, the balance sheet of the corporation will show these assets, which are frequently included in accounting records.
Right Answer: Option D with an increase of $50,000.
Explanation:
The accounting formula reads: Liabilities plus Equity. Assets
Liabilities grow by $30,000, but assets expand by $20,000 each.
In order for the estimate to be accurate, the asset increase must total $50,000 ($30,000 + $20,000).
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non-cash items do not affect:a. cash flowb. earnings per sharec. retained earningsd. net income
Option A is correct. Non-Cash Items do not affect Cash Flows. Non-cash items are alluded to as those passages on an income proclamation or pay explanation that don't include genuine money exchanges.
The proportion of how much cash is made by an organization's customary business tasks is called operating cash flow (OCF). Working income shows in the event that a business can deliver sufficient positive income to help and extend its tasks; if not, it might require outside finance for capital development.
Fundamental measurement for evaluating the monetary presentation of an organization's principal business tasks is working income.
A cash flow statement's initial part, which likewise contains cash from effective money management and supporting exercises, shows working income.
The backhanded strategy and the immediate methodology are the two methods for showing working income on an income explanation.
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a companys strategy is most accurately defined as
A company's strategy is basically the commitment of the management in order to pursue certain actions which are involved in growing the business, successful competing and performance.
The strategy of the company is defined as the commitment of the company's management commitment to pursue certain actions which will eventually help in growing the business, pleasing as well as attracting customers, competing successfully with other businesses, conducting some operations and also improving the company's performance in the market.
It is the game plan of the management for capitalizing on the available opportunities for growing. A business strategy basically informs how a certain organization is planning to compete in a market and how it is planning to grow.
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why do airline suppliers, such as boeing and airbus, have so much power?
There are only two main suppliers present in an airline industry, Airbus and Boeing that has the power to control the fuel prices.
What is a price?In business and economics, price refers to the amount of money that a buyer pays to acquire a good or service. It is the exchange value of a product, and it represents the value that the buyer and seller place on the item being sold.
Price is determined by various factors, such as supply and demand, production costs, competition, and market trends. A high demand for a product, for example, can drive up its price, while increased competition can lead to lower prices.
Because the Airbus and Boeing are the two significant supplier in an airline industry and that gives them the power to control the fuel prices.
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7.analyze how the fraud triangle would be adjusted for predator fraudsters
The fraud triangle is a model that describes the three elements that are typically present in cases of occupational fraud: opportunity, rationalization, and pressure.
However, in cases of predator fraudsters, who are individuals who deliberately target and exploit vulnerable victims for financial gain, the fraud triangle may need to be adjusted.
Opportunity: In predator fraud cases, the predator deliberately creates or seeks out opportunities to exploit vulnerable victims, rather than simply taking advantage of existing marketing opportunities within their workplace. This may involve targeting individuals who are elderly, disabled, or otherwise susceptible to manipulation.
Rationalization: Predator fraudsters may not need to engage in significant rationalization, as their primary motivation is often financial gain at the expense of their victims. However, they may attempt to justify their actions to themselves or others by portraying themselves as providing a valuable service, or by blaming their victims for their own financial problems.
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according to mr. cochran, there is a strong, significantly positive relationship between diversity and corporate innovation. true or false
True, according to Mr. Cochran, there is a strong, significantly positive relationship between diversity and corporate innovation.
According to Mr. Cochran, research has consistently shown a connection between diversity and corporate innovation. A creative environment that promotes the development of original ideas is fostered by the diverse workforce, which brings a variety of experiences, backgrounds, and perspectives to the table.
Exposure to various cultures, attitudes, and values helps to lessen prejudices, fostering an innovative culture. A diverse customer base is drawn to a diverse workforce, which can offer important insights into their needs and preferences.
Businesses that make an investment in diversity and inclusion can gain a competitive edge, gain access to larger talent pools, and improve their capacity for innovation, all of which will ultimately result in higher profitability and growth.
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what should you do if you’re having trouble making your mortgage payments?
If you're having trouble making your mortgage payments, the following steps may help you: Contact your lender, Modifying your loan, and Seek help from a housing counselor.
Contact your lender: The first thing you should do is to contact your lender or mortgage servicer as soon as possible. Explain your financial situation and discuss options that may be available to help you avoid foreclosure. Your lender may be able to offer temporary payment reductions or deferments.
Consider refinancing or modifying your loan: Depending on your situation, refinancing or loan modification may be an option. Refinancing involves getting a new loan with a lower interest rate and/or longer repayment term, which can help reduce your monthly payments.
Seek help from a housing counselor: If you're having trouble making your mortgage payments and need help understanding your options, you can contact a housing counselor approved by the U.S. Department of Housing and Urban Development (HUD). Housing counselors can help you assess your financial situation, understand your options, and negotiate with your lender.
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