The Forecast error is the difference between the cast demand and the factual demand. This is option C, MAPE.
Mean Absolute Percent Error( MAPE) is one of the most generally used KPIs to measure forecast delicacy. MAPE is the sum of each absolute error divided by demand( each period independently).
This is the normal of the error probabilities. The forecast error is the difference between the factual state and the cast for a given period.
Forecast Error is a measure of the delicacy of predictions. There are numerous ways to epitomize cast crimes to give applicable information to the director. It's calculated by taking the difference between the cast value and the factual value and also dividing this difference by the factual value.
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calculate the average collection period for dots incorporated if its accounts receivables were $650 at the beginning of a year in which the firm generated $3,000 of sales.
Answer:
.............
Explanation:
............
Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers.True or False?
False, Inbound logistics, outbound logistics operations, marketing and sales, and service comprise the value chain's main functions. Firm infrastructure, human resource management, and procurement are examples of ancillary or support operations.
In addition to taking the organization's value chain into account when choosing strategies, leaders should also look at its resources and competencies. The journey that goods and services take from conception to final sale to customers is depicted by a value chain (Porter, 1985).
According to Figure 4.17, "Adding Value Within a Value Chain," the phrase "value chain" refers to a path in which, as each stage is reached, the product gains value. The process of turning a tree into useful wooden boards, for instance, adds value to the lumber industry.
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34. 30 detik1 ptQ. Which of these best describes prices in a market economy? a signal for consumers to purchase lessa signal for producers to manufacture less a set of compromises between buyers and sellers a set of compromises between the government and citizens
Best describes prices in a market economy is a set of compromises between buyers and sellers.
The market price is the price at which a good or service can be purchased or sold at the moment. The dynamics of supply and demand influence the market price of a good or service. The market price is the cost at which the quantity supplied and the amount demanded are equal.
The market price is used to calculate consumer and economic surplus. The difference between the highest price a customer is prepared to pay and the actual price they pay for the good is known as the consumer surplus, also referred to as the market price. Economic surplus is a term that refers to two connected ideas: consumer surplus and producer surplus. The amount that producers earn when they sell their products at the going rate is known as producer surplus, also referred to as profit.
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Comprehensive income includes all of the following except _____.
a. dividend revenue
b. losses on disposal of assets
c. investments by owners
d. unrealized holding gains
Comprehensive income includes all of the following except investments by owners. In this option C is correct
A financial reporting concept known as comprehensive income includes all equity changes over the course of a period, excluding those brought on by owner investments and distributions to owners.
It encompasses all gains and losses, both realized and unrealized, that have an impact on a company's equity over a given period, making it a more comprehensive indicator of a company's financial performance than net income.
Items like unrealized gains and losses on derivatives, available-for-sale securities, foreign currency translation adjustments, and specific pension and other post-employment benefit adjustments are all included in comprehensive income. Reclassification adjustments for items that were formerly reported in other comprehensive income but are now recognized in net income are another example of items that are included in this category.
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First, label each of the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled each scenario, calculate the ensuing surplus.
Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online. She selects and purchases a $35 pair of jeans, pre-discount.
Jeff finds some steaks for $16 for which he would have been willing to pay $20. The butcher notices the meat is near the expiration date and gives him an extra 75% off.
Nicole has in her possession a hockey puck from the 2010 Winter Olympic Games and sells it on eBay. She will only sell the puck if the winning bid is greater than or equal to $500. After bidding closes, the last bid stands at $500.
Claire is trying to sell her used calculus textbook online. She asks for $150 or best offer and is willing to sell for anything over $100. She is able to sell it for $125.
Roy is willing to pay $2. 50 for a sports drink. He notices the price is $2. 79 and chooses not to purchase a sports drink
Consumer surplus of Alice is $5, of Jeff is $16, Nicole is $0, Clair's is $25 and of Roy is $0.
In finance, the consumer surplus is the disparity between the price an user pays for a good and the sum he would be willing to spend instead of leaving without which. It is also referred to as societal surplus and the consumer's surplus. The idea was created by French economist and civil engineer Jules Dupuit in 1844 and later popularized by British economist Alfred Marshall. It was based on the presumption that satisfaction with services (utility) are quantifiable. The overall utility will surpass the total market value because the utility supplied by each successive unit of either an item typically declines as the volume sold rises as well as because the item's price only represents the utility of the final unit acquired as opposed to the utility of all units.
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which of the following people would be considered unemployed? which of the following people would be considered unemployed? a person who quits work to care for aging parents a person who quits a job to return to school full time a person who works two part-time jobs but is looking for a full-time job a person who stayed at home to raise his children and now starts looking for a job
Option (e), A parent who raised his children at home and is now looking for work is regarded as being unemployed.
What effects do parents who are unemployed have?Family unemployment is another factor examined. Some of the negative effects of unemployment on families include poverty and hardship, strained relationships, decreased health (although the causal links are not always evident), and housing stress. Unemployment may damage children's ability to develop and future employment opportunities.
What happens when someone is out of a job?Together with losing money, unemployed people frequently struggle with their physical and mental wellbeing. For society, a high unemployment rate carries costs. Government costs include lost worker productivity as well as benefit payments, which reduces the gross domestic product (GDP).
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What should you keep in mind when examining an income statement?
a) GAAP
b) Cash versus non-cash items
c) Asset composition
d) Time and costs
You should keep in mind when examining an income statement are a) GAAP, b) Cash versus non-cash items, and d) Time and costs.
When analyzing an income statement, it's crucial to consider the time period it covers, the expenses related to making money, the make-up of the assets that generate income, the distinctions between cash and non-cash items, and the generally accepted accounting principles (GAAP) that were used to prepare the statement.
The income statement's extraordinary items should also be taken into account, and any modifications to the accounting principles utilized to compile the statement should be noted.
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Which one of the following is a working capital management decision?
A. determining the amount of equipment needed to complete a job
B. determining whether to pay cash for a purchase or use the credit offered by the supplier
C. determining the amount of long-term debt required to complete a project
D. determining the number of shares of stock to issue to fund an acquisition
E. determining whether or not a project should be accepted
The following is a working capital management decision determining whether to pay cash for a purchase or use the credit offered by the supplier. option (B) is correct.
Working capital administration focuses on more productive utilization of an organization's assets by checking and enhancing the utilization of current resources and liabilities. As recognized by the vast majority of the experimental investigations, we have explored the accompanying determinants of working capital administration.
Working capital is a monetary metric that is the distinction between an organization's ongoing resources and current liabilities. The objective is to keep up with adequate income to meet its momentary working expenses and transient obligation commitments and boost productivity.
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what amount, if any, should paper report as net cash provided by operating activities in its statement of cash flows for the year?
The amount of net cash provided by operating activities in a company's statement of cash flows should be equal to the total cash generated from their operations during the year.
This comprises money obtained from sales, accounts receivable collections, and other operational activities.
To determine the net cash provided by operating operations, the cash payments made by the company during the year should be deducted from the overall cash created.
This number can be used to assess a company's financial performance and offer perceptions of its general state of affairs.
A company's performance in relation to its peers and rivals can also be gauged using net cash generated by operating activities.
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Which forecast error measure provides an error percentage?
A.MD
B.MAD
C.MAPE
D.MSE
An error percentage is provided by the MAPE forecast error metric. The forecast error is the difference between the actual and the projected values for a given period.
MAPE, which is the average of the total of all the percentage errors for a given set of data without respect for a sign, is one of the most widely used relative error metrics. Hence, option c.) is correct.
Forecast error can be categorized using both standard and relative error metrics. Errors are often provided via standard error measures in the same units as the data. Relative error measurements are percentage-based and help management better comprehend the forecast's accuracy.
Forecast error tools include bias, mean absolute deviation (MAD), and tracking signal.
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what is the correct order of events for the creation of a substantive rule?
The creation of a substantive rule typically follows a general process that involves several steps.
The correct order of events for the creation of a substantive rule is as follows:
Issue identification: The agency or governing body identifies an issue that requires the creation of a new rule or the amendment of an existing rule.Notice of proposed rulemaking (NPRM): The agency publishes an NPRM in the Federal Register, which outlines the proposed rule, provides a rationale for the rule, and invites public comments.Public comment period: The public is given a period of time to submit written comments on the proposed rule, and the agency must consider these comments in developing the final rule.Final rule: Based on the comments received, the agency may modify the proposed rule before issuing a final rule. The final rule is published in the Federal Register and becomes effective on a specified date.Judicial review: Interested parties may challenge the final rule in court, arguing that it exceeds the agency's authority, is arbitrary and capricious, or violates other legal requirements.Implementation: Once the rule has been finalized and any legal challenges resolved, the agency begins implementing and enforcing the rule.It's important to note that this is a general process, and the specifics may vary depending on the agency, the type of rule being created, and other factors.
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Depreciation is a non-cash expense that is deducted from revenues to arrive at net income; therefore, it must be ______ net income to determine the actual amount of funds on hand.
Depreciation must be considered because it is a non-cash item that is subtracted from revenues to determine net income profit net income to determine the actual amount of funds on hand.
The expenses that are listed on the income statement but do not really involve a cash transaction are known as non-cash expenses. Depreciation is one such noncash expense. There is no cash flow when depreciation is debited in the income statement, yet the net profit is reduced.
When the cost of the asset is assigned on the income statement, a depreciation expense lowers net income. Depreciation is a method of accounting for decreases in a fixed asset's value over time.
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the balance in carlos company's supplies account on december 31 is $3,000. if the supplies used during the year were $750, what is the entry to adjust the supplies account at the end of the year?
The adjusting entry to adjust the supplies account at the end of the year would be:
Debit Supplies Expense $2,250
Credit Supplies $2,250
The company's supplies account has a balance of $3,000 at the end of the year. The supplies used during the year were $750. Therefore, the supplies that are available at the end of the year would be $3,000 - $750 = $2,250. This amount is the cost of supplies that the company has on hand and has not yet used. To record this adjustment, the supplies expense account should be debited for $2,250 and the supplies account should be credited for $2,250. This will reduce the supplies account to its correct ending balance of $2,250 and recognize the supplies expense that was used during the year.
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from the study of behavioral finance, we have learned that limited attention bias can explain why minority groups face frictions in accessing financial resources. group of answer choices true false
From the study of behavioral finance, we have learned that limited attention bias can explain why minority groups face frictions in accessing financial resources is true.
What is behavioral finance?Limited attention bias is a cognitive bias that can affect how people make decisions, particularly when they are faced with a lot of information or choices.
In the context of accessing financial resources, limited attention bias can manifest as a tendency to overlook or underestimate the financial needs of certain groups, particularly minority groups who may face systemic or structural barriers to financial resources.
Therefore, This can lead to unequal access to financial services and resources, and can perpetuate economic inequality.
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how i can use horizontal analysis with cashier in the gas station
In the case of a cashier at a gas station, horizontal analysis can be used to analyze changes in the cashier's cash handling performance over time.
Horizontal analysis is a financial analysis technique that compares a company's financial data over a period of time.
Here's how you can use horizontal analysis with a cashier in the gas station:
Collect data: Collect data on the cashier's cash handling performance over a specific period of time, such as a month or a quarter. This should include the total amount of cash received from customers, the total amount of cash disbursed for refunds, and the total amount of cash deposited in the bank.
Calculate changes: Calculate the changes in each of these categories over time. For example, you might calculate the percentage change in the amount of cash received from customers from one month to the next.
Identify trends: Identify any trends that emerge from the horizontal analysis. For example, if you notice that the amount of cash received from customers is increasing each month, this could indicate that the cashier is becoming more efficient at handling transactions.
Investigate variances: Investigate any significant variances that emerge from the analysis. For example, if you notice a sudden decrease in the amount of cash deposited in the bank, this could indicate a problem with the cashier's cash handling procedures.
By using horizontal analysis with a cashier in the gas station, you can gain insights into their performance over time and identify any areas that may require improvement. This can help you optimize your cash handling processes and ensure that your cashier is performing at their best.
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the government imposes a $ 6 tax on each bottle of wine sold, collecting the tax directly from the seller of wine. find the new price received by the sellers of wine
Multiple Choice
$8
$6
$14
$10
The new price of the bottle of wine will be $10 after tax added to the base price.
The correct option is (d).
The company sets a base price for the product, which is how much it costs at the factory gate.
The company establishes a freight or shipment price that is based upon where the customer who is buying the product is located and how far away the customer is from a pre-determined location, known as the basing point.
In order to enable you to specify fundraising fees on a product level, the base price can be the amount you charge the team, while the selling price can be the base pricing plus the fundraising cost. A property manager's base pricing is their annual average rate. The basic price is multiplied by all market variables, demand trends, and customizations to arrive at a suggested rate for a specific day. Depending on the merits of your listing, this rate may change. Upon the exercise of an Appreciation Right, the Base Price is the price that will serve as the foundation for calculating the Spread. A stock unit's value is referred to as its unit value.
The correct option is (d).
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A ______ describes the rationale of how a new venture creates, delivers, and captures value. a. business model. b. business plan. c. mission. d. vision
A business model describes the rationale of how a new venture creates, delivers, and captures value. The correct option is a.
What are the elements of the business model?Typically, business models are based on factors such as the products or services sold by the company, anticipated expenses, and target customers. If an unexpected event, such as a new law or a change in management, occurs, an organization may decide to change its business model.
A business model explains an organization's target market, the needs of that market, and the role that the company's products or services will play in fulfilling those requirements. The process by which an organization adjusts its business model is referred to as business model innovation.
Thus, the ideal selection is option a.
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What does the Sarbanes-Oxley Act require about financial statements of all public companies?
The Sarbanes-Oxley Act (SOX) is a federal law enacted in the United States in 2002. It was created to protect investors and improve the accuracy and reliability of financial statements issued by public companies.
The Act establishes new or enhanced requirements for financial reporting and disclosure by public companies. Specifically, SOX requires that all public companies:
(i) Maintain accurate financial statements: Public companies must establish internal controls and procedures to ensure that their financial statements are accurate and complete.
(ii) Disclose all material information: Public companies must disclose all material information in their financial statements .
(iii) Certify the accuracy of financial statements: The CEO and CFO of a public company must certify the accuracy of their company's financial statements.
(iv) Establish an independent audit committee : Public companies must establish an independent audit committee made up of at least three members to oversee financial reporting and the auditing process.
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Some characteristics of the determinants of nominal interest rates are listed as follows. Identify the components (determinants) and the symbols associated with each characteristic: ---This is the rate for a riskless security that is exposed to changes in inflation ____.
The element is the inflation premium, and IP serves as the sign for this feature. The compensation that investors need for the loss of buying power brought on by inflation is reflected in the inflation premium.
The inflation premium is the element linked to the feature of the rate for a riskless investment that is subject to variations in inflation. The inflation premium is intended to compensate investors for taking on the risk of holding an inflation-sensitive investment. The inflation premium, denoted by the acronym IP, is the distinction between the nominal interest rate and the anticipated rate of inflation. The amount of inflation expectations and the perceived risk of inflation can both affect the inflation premium. The real interest rate, the default risk premium, and the liquidity premium are additional components of nominal interest rates. Each has its own symbol.
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What are the problems faced by the buyer?
It necessitates extensive preparation, research, and networking. These are but a handful of the issues that prospective home buyers encounter. Other problems include the local real estate market's rate of appreciation, poor financing, and deceptive claims made by developers and builders.
Which is the most difficult aspect of house buying?The most challenging aspect of the process, according to 18% of respondents, was the paperwork; 15% said it was comprehending the processes and process of buying a home; and 13% said it was saving again for down payment.
What are the main issues found during a house inspection?The inspection report may identify problems with the foundation or structure, the roof, difficulties with the plumbing, electrical systems, heating and conditioning systems, water damage, and termites.
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samsung is concerned about its competitive advantage with regard to its mobile devices and generates a value chain to conduct a cost analysis with apple. of the following, which would be the most important to consider in this analysis? compare overall cost positions of the two companies. compare cost positions only for comparable products. compare cost positions for the average products for each company. include samsung's capital expenses for its new manufacturing site. exclude consideration of customers' willingness to pay at this time.
The answer is Compare cost positions only for comparable products, would be the most important to consider in this analysis.
A cost analysis example is what?For instance: Building a new product will cost $100,000, and sales of $100,000 per unit are anticipated (unit price = 2). Hence, there are 200,000 sales of benefits. The straightforward CBA formula for this project is: 200,000 in monetary benefit less 100,000 in cost = 100,000 in net benefit. 04
Introduction to cost analysis: what is it?A cost analysis entails the process of disclosing individual components in a cost proposal, such as labor, machinery, and materials that go into a good or service, along with its anticipated profit. When there is little competition or similar offers available on the market, it is used for cost evaluation purposes.
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the maturity date is the date on which the corporation is to repay the money borrowed from bondholders. (T/F)
It is true that maturity date is the date on which the corporation or issuer of a bond is obligated to repay the principal amount borrowed from bondholders.
A bond is a type of fixed-income security that represents a loan made by an investor to a borrower, typically a corporation or government entity. When an investor purchases a bond, they are essentially lending money to the issuer for a specified period of time, during which the issuer agrees to pay periodic interest payments to the bondholder and return the principal amount at maturity.
A maturity date marks the end of the bond's term or duration, at which point the issuer must make the final payment to the bondholders.
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Which of these is a support activity in a firm's value chain?
A support activity in a firm's value chain is an activity that provides support to the primary activities that create value for the customer.
C) contract negotiationWhat is support activity in a firm's value chain?Support activities in a firm's value chain are those that provide support to the primary activities that create value for the customer.
Examples of support activities in a firm's value chain include
procurement, technology development, human resource management, and infrastructure.Contract negotiation can be categorized under procurement, which involves activities related to purchasing the raw materials, supplies, and other inputs that are needed for the firm's production process. Contract negotiation is a key activity in procurement, where companies negotiate with suppliers to secure the best terms and prices for the goods and services they need.
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complete question
Which of the following is considered a support activity in the value chain of a business?
A) operations
B) customer service
C) contract negotiation
D) marketing
bricolage is entrepreneurs making do by applying combinations of the resources at hand to new problems and opportunities. True or false?
Bricolage is entrepreneurs making do by applying combinations of the resources at hand to new problems and opportunities. - True
Bricolage is a term used to describe the entrepreneurial strategy of utilising the materials at hand and applying them ingeniously to new challenges and possibilities. Bricolage includes improvising with what is available and employing a combination of various tools to find new solutions, as opposed to relying on pre-existing resources. Bricolage entrepreneurs frequently need to be resourceful and adaptable because they cannot access the conventional resources or support networks that are typically available to established enterprises.
To develop new commodities, they could rely on personal networks, leverage open-source software, or repurpose already-existing materials. As it enables them to swiftly and imaginatively react to shifting market conditions and developing opportunities, it can be a useful strategy for entrepreneurs operating in emerging or dynamic industries.
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The adjusted trial balance of Novak Corp. At December 31, 2019, includes the following accounts: Common Stock $16,400, Dividends $7,300, Service Revenue $37,500, Salaries and Wages Expense $15,600, Insurance Expense $1,500, Rent Expense $3,900, Supplies Expense $1,300, and Depreciation Expense $1,500. Prepare an income statement for the year
The income statement would be as Revenue = $35,000; Salaries and Wages Expense= $13,000; Insurance Expense= $2,000: Retained Earnings as on December 31, 2013 is $17,600.
One of the three crucial financial information used to describe a company's financial performance throughout one certain accounting period is the revenue. The balance sheet and the cash flow statement are the other two important income statements. The revenue, costs, profits, and losses incurred by a corporation over a particular amount of time are the key points of the income statement. An net income, also did refer to as the profit and loss (P&L) remark or the statement of revenue and expenditures, offers important information about than a firm's operations, the effectiveness of its management, underperforming industries, and its performance in comparison to peers in the same industry.
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rpbert merton was overrated as most people have more faith in financial regulators and institutions than ever before
Robert Merton is an American economist who was awarded the Nobel Memorial Prize in Economic Sciences in 1997 for his work on the Black-Scholes-Merton model, which is a mathematical model used to price options. He also contributed to the development of the theory of continuous-time finance, which is a framework for analyzing the behavior of financial markets and the pricing of financial instruments over time.
Regarding the current state of financial regulators and institutions, it is important to note that there is a wide range of opinions on this matter, and the views of individuals may differ depending on their personal experiences and perspectives. Some people may have more faith in financial regulators and institutions than ever before, while others may be more skeptical.
It is worth noting that there have been significant regulatory changes in the financial industry in recent years, particularly following the 2008 global financial crisis. These changes have included the implementation of new regulations designed to increase transparency, strengthen financial stability, and prevent systemic risk.
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A conditional distribution summaries the information from one variable ONLY, without considering ANY information from another variable.1. true2. false
False, A conditional distribution summaries the information from multiple variables only, considering any available information from another variable
It may sound challenging to depend one variable on another's value. Yet, finding a conditional distribution is made straightforward using a contingency table. Just take a quick look down a column or across a row. A conditional distribution is a probability density function for a specific subpopulation. To put it another way, it illustrates the likelihood that a randomly selected object within a subpopulation exhibits a specific attribute of interest. When we create a conditional distribution, we explicitly state that we are interested in a certain segment of the entire population.
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on november 1, 2022, a company using accrual accounting, pays for a television advertising campaign. commercials will run evenly over six months beginning on november 1, 2022. how much advertising expense will be reported on an income statement prepared for the year ended december 31, 2023?A. $900,00B. $600,00C. $450,00D. $300,00
Option B) is correct. $600,000 advertising expense will be reported on an income statement prepared for the year ending December 31, 2023.
Regardless of when the payment is made, expenses are recorded using the accrual method of accounting in the period in which they are incurred. In this instance, the company paid $900,000 on November 1, 2022, for a television advertising campaign, but the commercials will air evenly spaced over the following six months.
We can use the following calculation to determine the advertising expense that needs to be listed on the income statement for the fiscal year that ends on December 31, 2023:
Total advertising expense equals (Total campaign cost/number of campaign months) x the number of months in 2023.
$900,000 was spent overall on the advertising campaign.
6 months remain in the campaign.
There are 12 months in 2023.
Therefore, the following should be listed as the advertising expense on the income statement for the year ended December 31, 2023:
(900,000 / 6) x 4 = $600,000
Therefore, B) $600,000 is the right response.
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The Full question is:
On November 1, 2022, a company using accrual accounting, pays $900,000 for a television advertising campaign Commercials will run evenly over six months beginning on November 1, 2022. How much Advertising Expenses will be reported on an income statement prepared for the year ending December 31, 2023?
A.$900,000
B. $600,000
C. $450,000
D. $300,000
how does daily table compare to whole foods and the conventional supermarket where you shop on the four principles of conscious marketing?
Daily Table, Whole Foods, and conventional supermarkets can be compared using the four principles of conscious marketing: customer orientation, value proposition, social responsibility, and a sense of purpose.
What is the difference between the grocery store and the supermarket?While food and beverages continue to be important in supermarkets, these stores devote the most shelf space to other items than grocery stores. Supermarkets carry a wider range of household goods, as well as personal care items, kitchen utensils, and small kitchen appliances.
Daily Table is more customer-oriented towards low-income communities and has a strong sense of purpose focused on reducing food waste and improving food access. Whole Foods and conventional supermarkets offer a wider variety of products, but may not have as strong a focus on social responsibility or a specific sense of purpose.
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which one of the following items is a source of cash from financing activities in the statement of cash flows? a. Sale of property, purchase of equity securities, loans to others. b. Sale of goods, receipt of dividends, repurchase of firm's own stock. c. Proceeds from borrowing, payment of dividends, receipt of dividends. d. Payment to lenders, proceeds from issuing common stock, revenue.
Option c is correct. The following items, which are sources of funds from financing activities in the statement of cash flows, are proceeds from borrowings, dividend payments, and dividend receipts.
Cash Flows from Financing Activities (CFF) is a section of a company's cash flow statement that shows the net cash flows used to fund the company.
Cash flow from financing activities gives investors an indication of a company's financial strength and how well the company's capital structure is managed.
Cash flows from financing activities is the section of a company's cash flow statement that shows the net cash flows used to fund the company. This depends on the company's different capital structures, dividend policies, or debt situations.
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