Income Statement for London Retailers for the month Sales $142,075 Less Cost of goods sold: Merchandise Inventory, June 30$24,500 Add Purchases $70,028 Less Merchandise Inventory, July 1($25,350)Cost of goods sold$69,178Gross profit$ 72,897 Less Operating expenses: Advertising expense $5,000Car expense $750 Rent expense $1,000 Utilities expense $900 Wages expense $4,750 Total operating expenses $12,400 Net income$60,497
Explanation: Income Statement The income statement of London Retailers for the month ended June 30, 20 includes the following items: Sales Cost of goods sold Gross profit Operating expenses Net income Sales The amount of sales for London Retailers is given as $142,075. Cost of goods sold The cost of goods sold is calculated as follows:
Merchandise Inventory, June 30$24,500 Add Purchases $70,028Less Merchandise Inventory, July 1 ($25,350) Cost of goods sold $69,178 Gross profit The gross profit for London Retailers is calculated as follows: Sales$142,075 Less Cost of goods sold $69,178 Gross profit $72,897 Operating expenses.
The total operating expenses of London Retailers are as follows: Advertising expense$5,000 Car expense $750 Rent expense $1,000 Utilities expense $900 Wages expense $4,750 Total operating expenses$ 12,400Net income The net income of London Retailers is calculated as follows: Gross profit $72,897 Less Operating expenses$ 12,400 Net income $60,497 Therefore, the Income Statement for London Retailers for the month is Sales $142,075, Cost of goods sold $69,178, Gross profit $72,897, Operating expenses $12,400 and Net income $60,497.
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What is an ex-dividend date?
An ex-dividend date is an important date to understand if you own stocks or are interested in investing in stocks. It refers to the date on which a stock is traded without the dividend payment. In other words, if you purchase a stock on or after its ex-dividend date, you will not receive the next dividend payment.
When a company decides to pay dividends, it announces a record date, which is the date when the company identifies its shareholders who will receive the dividend payment. The ex-dividend date is typically set two business days before the record date.
The reason for this is to give time for the transaction to be settled. If you purchase the stock on the ex-dividend date or later, you are considered a new owner and will not receive the dividend payment.
It is important to note that the stock price may decrease after the ex-dividend date due to the decrease in value of the stock once the dividend is paid. Moreover, the stock price may increase before the ex-dividend date as investors who are seeking the dividend payment may drive up the stock price.
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free information technology project management, 9th edition, kathy schwalbe, 2019, isbn-10: 1-337-10135-4, isbn-13: 978-1-337-10135-6
"Information Technology Project Management" by Kathy Schwalbe, 9th edition, published in 2019, is a comprehensive resource for understanding project management in the IT field.
This book provides practical insights, tools, and techniques to successfully plan, execute, and control IT projects. It covers various project management processes, methodologies, and best practices tailored specifically for IT projects. With its emphasis on real-world examples, case studies, and hands-on exercises, the book equips readers with the knowledge and skills needed to manage IT projects effectively.
Whether you're a student or a professional in the IT industry, this book serves as an invaluable guide to navigating the complexities of IT project management and achieving successful project outcomes.
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This question is not complete, Here I am attaching the complete question:
Explain this article "free information technology project management, 9th edition, kathy schwalbe, 2019, isbn-10: 1-337-10135-4, isbn-13: 978-1-337-10135-6."
What are the advantages and disadvantages of franchising as a form of business
Answer:
Explanation:
Advantages
- Expansion can be faster because franchisees provide the labour and their sales provide the growth.
- Franchisees are responsible for their company’s success so they are more motivated
- Franchisees may be more talented at growing the business and turning a profit than employees would be
Disadvantages
- Franchisees cannot be managed as closely as employees and they may have different goals to the franchisor.
- Franchise recruitment can be slower and less efficient than employee recruitment
- Franchisors earn royalties from sales. Franchisees earn money from profits. Achieving growth in both isn’t always possible, potentially causing conflict
hope it helps:)
Distinguish between private and public company???
Answer:
-Private company has mininmum 1 and maximum 101 member.
Public company has minimum 7 member and maximum is bounded by its share capital.
-Private company is smaller than the public companies by the no.of capital.
Public company is larger than private company and spread in different place.
-Private company uses the term Private limited after its name.
Public company uses the term Limited after its name.
-Examples of Private company are: Asmita Book Publication Pvt.ltd and Karunanidhi Education Foundation Pvt.ltd
Examples of Public company are:Nepal oil corporation and Nepal electricity Authority.
Explanation:
Distinguish between Private and Public
Company???
public company is a company that is listed in the well-known stock exchange and can be traded freely. Where a private limited company is not listed on a stock exchange and it is held privately by the member of the company
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Saranghae
Within the context of the culture of poverty, which of the following most clearly describes why individuals who are part of this culture become trapped in a downward economic spiral ?
A) Unemployment causes poverty; a lack of willpower and motivation can, in turn, cause unemployment in people who do not have a strong work ethic.
B) Individuals lack the finances to pay rent, so they eventually do not have an address to use in filling out job applications.
C) Characteristics of poverty (joblessness and lack of financial independence) can, in turn, contribute to attributes (feelings of powerlessness and low self-esteem) that sustain poverty.
D) Poverty is passed on from generation to generation; individuals learn at an early age that there is no way to escape living in poverty.
Characteristics of poverty (joblessness and lack of financial independence) can, in turn, contribute to attributes (feelings of powerlessness and low self-esteem) that sustain poverty. Option C is correct.
Poverty in our culture means about not having enough money to meet basic needs including food, clothing, and shelter. However, poverty is more, much more than just not having enough money. The World Bank Organization describes poverty that Poverty is hunger along with a lack of shelter.
Poverty leads to no education and unemployment opportunities, which further contributes to income inequality and perpetuates the cyclical effects of poverty. Unmet social needs, environmental factors, and barriers to accessing health care contribute to worse health outcomes for people with lower incomes.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Which of the following financial institutions does not take customer
deposits?
A. Investment bank
B. Credit union
C. Commercial bank
D. Savings bank
Option (A) Investment bank is correct.
Investment bank does not take customer deposits.
What meant by Investment bank?Investment banks are financial institutions that sell their services and act as a middleman in complex transactions like mergers or a startup's initial public offering (IPO). They are also capable of acting as brokers or financial advisers for significant institutional clients like pension funds.
Investment banks do not accept deposits; rather, they help individuals, groups, and governments raise money by issuing securities. Investment companies, often known as mutual fund companies, pool money from institutional and ordinary investors to offer them access to a greater variety of assets. While some financial institutions take deposits, others only offer particular banking services. These non-depository financial institutions include brokerage houses, finance companies, insurance companies, and pension funds. They provide services to both people and companies.
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assume one of the public schools is privatised. what are the advantages and disadvantages of privatising the school
Answer:
Advantages:-
1.Reduced political disturbances.
2.Proper facilities
3.The discipline in student is maintained .
4.Students can get proper guidance from teachers.
Disadvantages:-
1. Fee may be increased.
2.The services may lack which was given by government funds.
3.It may cause problem to poor students from poor family.
4.Public holidays is decreased.
List down possible career opportunities in the following career areas in TLE (at least 5 for each) a) Agriculture b) Horticulture c) Handicrafts d) Cookery
These are just a few examples of the many jobs available at TLE. He holds a variety of management and consulting roles for those interested in agriculture and horticulture, agriculture, marketing and agricultural research
a) Agriculture:
1. Agricultural Scientist
2. Crop Production Manager
3. Livestock Business Manager
4. Agricultural Economist
5.Agricultural Consultant
b) Gardening:
1. Gardener
2. Landscape Architect
3. Nursery Manager
4. Arborist
5.
Glass Blower
d) Cookery:
1. Cook
2. Catering Manager
3. Restaurant Owner/Manager
4. Catering Manager
5.Pastry Chef
Crafts offer design and art for people who love to design and craft, while cooking has many roles in the food industry, from chefs to restaurant managers to rice and owners. There are also many opportunities for entrepreneurs and business owners in each of these sectors. With increasing emphasis on sustainability and local production, these areas are likely to continue to grow and evolve, offering more opportunities for TLE enthusiasts.
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To be a kindergarten teacher do you need university
Social characters might be a real person, a made up person, or even a mascot that represents the
company. When you give social characters ____________________ it can help boost brand recognition,
consistency, and engagement.
a. images
b. tone
c. a social voice
d. personality
this type of assumption/principle requires a business to disclose all information about the business that is important for a lender or investor to know in financial statements or in the financial statement notes.
Full disclosure principle requires a business to disclose all information about the business that is important for a lender or investor to know in financial statements of in the financial statement notes.
Full Disclosure Principle is one of Accounting Principles and states that a business has to includes all relevant and necessary information for the understanding of a company's financial statements in public company fillings.
Full disclosure principle ensures that the readers and users of a business' financial information will not be mislead by any lack of information. This principle also ensures stakeholders, creditors and investors to be aware of the any relevant information and are fully informed about the company when making business decisions related to the company.
In accounting, full disclosure principle is a part of GAAP or Ganerally Accepted Accounting Principles. The key components of GAAP are
Principle of regularityPrinciple of consistencyPrinciple of sincerityPrinciple of permanence of methodsPrinciple of non-compensationPrinciple of prudencePrinciple of continuityPrinciple of periodicityPrinciple of materiality or full disclosurePrinciple of good faithLearn more about Full Disclosure Principle here: https://brainly.com/question/13082087
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Compensated/Walrasian demand for a consumption good A consumer's preference is represented by U(L,K) := L^1/2 K^1/3 where L is cafe latte and K is chocolate. The prices of Land K are PL = 1 and PK = 6. The income is 15/64 (a) Find the optimal consumption bundle and the optimal utility level Ū. (b) Suppose p. changes. Find the compensated demand function D(PLPK = 6;Ū) where U is the optimized utility level in part (a). (c) Find the Walrasian demand function D(PL.PK = 6). (d) Draw the compensated and Walrasian demand functions in one graph. (e) Explain why the answers for some of parts (a), (b), (c), and (d) are identical to the previous question's (a) (b), (c), and (d). Also explain why the others are different.
(a) To find the optimal consumption bundle and utility level, we need to maximize the utility function U(L, K) subject to the budget constraint.
The budget constraint is given by PL * L + PK * K = Y, where PL is the price of L (cafe latte), PK is the price of K (chocolate), and Y is the income.
In this case, PL = 1, PK = 6, and Y = 15/64. Substituting these values into the budget constraint, we have L + 6K = 15/64.
To find the optimal consumption bundle, we can use the Lagrange multiplier method. The Lagrangian function is defined as L(L, K, λ) = L^(1/2) * K^(1/3) + λ(L + 6K - 15/64).
Taking partial derivatives with respect to L, K, and λ, and setting them equal to zero, we can solve for the optimal values of L and K.
The solution is L = 3/32 and K = 9/64. Substituting these values into the utility function, we find the optimal utility level Ū = U(L, K) = (3/32)^(1/2) * (9/64)^(1/3) = 3/8.
Therefore, the optimal consumption bundle is (L, K) = (3/32, 9/64), and the optimal utility level is Ū = 3/8.
(b) To find the compensated demand function D(PLPK = 6; Ū), we need to determine how the quantity demanded of L and K changes when the utility level is held constant at Ū. In this case, the utility level Ū is 3/8.
We can set up the following equations based on the compensated demand function:
L^(1/2) * K^(1/3) = Ū
PL * L + PK * K = Y
Using these equations, we can solve for L and K given the prices PL = 1, PK = 6, and income Y = 15/64.
(c) The Walrasian demand function D(PL.PK = 6) represents the quantity demanded of L and K at the given prices PL = 1 and PK = 6, without holding the utility level constant. It considers the market equilibrium condition where prices adjust to clear the market.
To find the Walrasian demand function, we can solve the utility maximization problem with the given prices and income, without imposing any constraints on the utility level.
(d) The compensated and Walrasian demand functions can be illustrated on a graph, where the x-axis represents the quantity of L and the y-axis represents the quantity of K. The graph would show the different combinations of L and K demanded at different prices.
(e) The answers for parts (a), (b), (c), and (d) may be identical to the previous question's (a), (b), (c), and (d) because the utility function and budget constraint remain the same. However, they may differ if there are changes in prices, income, or other relevant factors that impact the optimization process. The compensated demand function takes into account changes in utility levels, while the Walrasian demand function reflects market equilibrium conditions without holding utility constant.
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hi Im timed so please hurry thanks!
The chart indicates the tasks of four individuals who work in the Education and Training career cluster.
Tasks of Four Individuals in Education and Training Career Cluster
Tasks
Tammy
-typically works at home for several hours developing creative ways to teach high school students about world history
-discusses any school issues with Alcott
Vania
-takes the minutes in Alcott’s meetings with parents and the school board
-managed Tammy’s hiring paperwork so it was sent to Human Resources
Alcott
-has meetings with parents and the school board about budget changes and school progress
-hired Tammy
Stefan
-talked to a student whom Tammy recommended for a college scholarship
-discusses testing information with Alcott
Which best describes the pathways of these four individuals?
Tammy and Alcott are in the Professional Support Services pathway, Vania is in the Administration and Administrative Support pathway, and Stefan is in the Teaching and Training pathway.
Tammy and Stefan are in the Teaching and Training pathway, Vania is in the Professional Support Services pathway, and Alcott is in the Administration and Administrative Support pathway.
Tammy and Vania are in the Administration and Administrative Support pathway, Alcott is in the Teaching and Training pathway, and Stefan is in the Professional Support Services pathway.
Tammy is in the Teaching and Training pathway, Vania and Alcott are in the Administration and Administrative Support pathway, and Stefan is in the Professional Support Services pathway.
Answer:
D
Explanation:
Answer:
D
Explanation:
I just took the test
please give my brainliest
yoinkers my dude, take some and pass on.
Answer:
l
Explanation:
Answer:
u serious my dude
Explanation:
How many colours does a rainbow have?
There are seven colours in the rainbow: red, orange, yellow, green, blue, indigo and violet.
Coronado Industries expects a direct materials cost of $9 per unit for 130000 units (a total of $1170000 of direct materials costs). Coronado's standard direct materials cost and budgeted direct materials cost is Standard Budgeted $9 per unit $9 per unit $9 per unit $1170000 peryear $1170000 per year $1170000 per year $1170000 per year $9 per unit
Previous question
Coronado Industries expects a direct materials cost of $9 per unit for 130,000 units (a total of $1,170,000 of direct materials costs).
The standard direct materials cost and budgeted direct materials cost for the firm is $9 per unit and $1,170,000 per year.
The standard direct materials cost is the budgeted cost of a single unit of direct material when the production process is operating at a normal level of efficiency.
In Coronado's case, the standard direct materials cost and budgeted direct materials cost is the same, which means the firm's actual direct materials cost matches the budgeted cost.
Coronado Industries' total direct materials cost can be determined by multiplying the standard cost per unit of direct material by the actual units of direct materials used.
It can also be calculated by multiplying the budgeted cost per unit of direct material by the budgeted production volume, or the actual cost per unit of direct material by the actual production volume.
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True or false: A company that achieves differentiation parity at a lower cost has implemented a successful cost-leadership strategy.
If a company can achieve differentiation parity at a lower cost then it would have implemented a cost leadership strategy. This is therefore true.
What is a cost leadership strategy?This refers to when a company aims to incur lower costs to produce goods than its competitors.
If differentiation parity is achieved, it means that the company was able to produce unique goods which are equal to those of the competition at a lower cost. This is cost leadership.
In conclusion, this is true.
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In most states, an individual can be an officer or a director of a corporation, but not both at the same time. true or false
"In most states, an individual can be an officer or a director of a corporation, but not both at the same time"
This statement is False.
Corporations behavior business, understand a earnings or loss, pay taxes and distribute earnings to shareholders. A agency's earnings are taxed withinside the agency whilst the earnings are generated after which taxed whilst they're dispensed as dividends to shareholders. This creates double taxation.
A corporation is an organization (typically a collection of human beings or a corporation) certified with the aid of using the State to behave as an unmarried entity and diagnosed as such with the aid of using regulation for a particular purpose. Early integrated entities had been hooked up with the aid of using charter. Most jurisdictions now permit the formation of recent businesses thru registration.
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Type a paragraph explaining how you have shown initiative in the past. Use proper grammar, spelling, and punctuation.
Answer: Your previous place of work or employment. A specific instance where you showed initiative. How your initiative impacted yourself or the company.
Explanation:
HELP PLSSS
Define what an "industry credential" is in relation to Career Technical Education.
•
Then explain
2 important reasons for acquiring industry credentials (also called technical certifications).
•
Your answer should include BOTH the definition and two reasons for acquiring them.
•
1. Definition of Industry Credential:
•
2. Two reasons for acquiring industry credentials or technical certifications:
Answer:
1. is a qualification or level of competence that is authorized by a relevant third party to the specific qualification. It's usually in written form.
2. a- Gain work experience of the candidate.(eg occupational credentials) hence increasing earning capability.
b- Gain knowledge and proffessional skills that amounts to increase in competency lvls.
Which of the following job search strategies would you suggest?
a. Apply to as many positions as possible
b. Only apply to positions that have indicated salary ranges on the job postings
c. Focus only on a few companies
I would suggest a combination of (b) and (c) for a successful job search. While applying to as many positions as possible may seem like a good idea, it is important to focus on quality over quantity.
Applying only to positions that have indicated salary ranges on the job postings can help you avoid wasting your time on positions that do not align with your salary expectations. However, it is also important to focus on a few companies that you are genuinely interested in, as this can help you tailor your application and increase your chances of success. By targeting a few specific companies, you can research their culture and values and showcase how you would be a good fit for their organization.
Additionally, networking and building connections within those companies can also increase your chances of landing a job. Overall, a targeted and strategic approach to job searching can lead to more successful outcomes.
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Selection committees are concerned with what?
A. Succession planning, workforce planning, and popularity
B. Budget planning, workforce planning, and leadership development
C. Succession planning, workforce planning, and leadership
development
D. Succession planning, workforce planning, and unskilled workers
C. Succession planning, workforce planning, and leadership development.
Why it is?
Selection committees are typically involved in identifying and selecting candidates for important positions within an organization.
To make informed decisions, selection committees often focus on a range of factors, including succession planning (i.e., identifying potential future leaders), workforce planning (i.e., ensuring the right mix of skills and experience), and leadership development (i.e., supporting the growth and development of current and future leaders). Budget planning and unskilled workers are typically not areas of focus for selection committees.
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Banks buy and sell foreign currency to provide their customers with the ability to:
Banks offer foreign currency exchange services to facilitate their customers' needs for international transactions. These services enable customers to buy and sell foreign currency to complete cross-border transactions such as travel, business, and investments.
Banks provide competitive exchange rates for major currencies, including the US dollar, Euro, British pound, and Japanese yen, among others. When buying foreign currency, the bank calculates the exchange rate and charges a commission fee. The commission fee varies among banks, and it depends on the amount of currency exchanged. Banks also offer different exchange rates for cash and non-cash transactions. On the other hand, when selling foreign currency, the bank buys the currency back at a lower rate, and again, charges a commission fee. Banks make a profit on foreign exchange transactions through the difference between the buying and selling rates, and the commission fees charged. In summary, banks provide foreign currency exchange services to enable their customers to complete international transactions. The exchange rates and commission fees vary among banks, and customers should shop around for the best deals.
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which of these transactions types increase how much you owe the credit card company
Answer:
hope it is helpful to you
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A stockholder sold her shares and made a profit of $1,403. If that is a profit of 27%, how much were the shares worth when she originally
purchased them? Round to the nearest cent .
The worth of the shares when the stockholder originally purchased them is $1105.
What are shares?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.
It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:
127 = $1,403
∴ 100 = $1,403/127 × 100
= $1104.72
Therefore, $1104.72 is the original purchase price of the share.
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Which best diagrams the correct obstacle to the example?
economic trade this is your answer hope it's helpful to you
Economic Trade is the answer.
why do companies such as h&m and zara use penetration pricing?
H&M and Zara, like many other companies, use penetration pricing as a strategy to gain market share and increase sales. Penetration pricing is a pricing strategy in which a company offers a low price for its products or services to attract customers and gain a foothold in the market. This pricing strategy is typically used by new entrants in a market or companies that want to expand their market share.
The primary reason why H&M and Zara use penetration pricing is to gain market share and increase sales. By offering their products at a low price, they can attract customers who may not have been willing to pay the full price. This can lead to increased sales and a larger customer base. Additionally, once customers have tried and liked their products, they are more likely to return and become loyal customers.
Another reason why H&M and Zara use penetration pricing is to compete with other companies in the market. Many companies offer similar products at similar prices, so offering a lower price can give them a competitive advantage. By undercutting their competitors, they can attract customers away from their competitors and gain a larger share of the market.
It's worth noting that penetration pricing is not without its risks. Offering a low price can reduce profit margins and may not be sustainable in the long term. Additionally, customers may perceive the low price as an indication of lower quality, which could negatively impact the company's reputation.
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what is greater 135 inches or 11 feet?
the answer is 11 feet
please rate 5 stars
Select ALL the correct answers.
Which two of the following are factors of production?
a home mortgage loan
stock in a construction company
a newly built house
carpentry skills
planks of hardwood
Answer:
stock in a construction company
planks of hardwood