The specific identification method is that it can be difficult to determine which inventory item sold and which one remains in stock. Additionally, there is a possibility of assigning high-cost items to COGS, resulting in low-profit margins.
What is Specific Identification Method?Specific Identification Method is an inventory management technique that assigns specific costs to each unit sold, resulting in accurate calculation of cost of goods sold (COGS). It is generally used in businesses that have high-value inventory items such as car dealerships, jewelers, or antique dealers.
It requires the tracking of each item individually, including the date of purchase, purchase price, and other associated costs. The specific identification method can result in a more accurate determination of COGS, and in turn, more accurate financial statements. This is due to the fact that this method allows the business to allocate costs more accurately, reflecting the actual cost of inventory sold and the actual gross margin.
However, this method has some issues that can lead to problems. One of the most significant drawbacks is the difficulty of determining which inventory item was sold and which one remains in stock. Furthermore, this method is not as useful in businesses where inventory items are indistinguishable, and assigning specific costs to each item is not feasible.
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For each situation, select one option from below that you think will help increase profit.
A shop that sells fine glassware offers gift wrapping at no extra cost ?
A. Avoid extra payroll expenses.
B. Get the best rates on advertising.
C. Change the product you provide.
D. Use resources wisely.
E. Beat the competition.
F. Get the best rates on supplier purchases.
G. Eliminate some free services.
H. Increase worker efficiency.
Option E, beat the competition, could help increase profit for the shop that sells fine glassware by offering gift wrapping at no extra cost.
By doing so, the shop may attract more customers compared to competitors who charge extra for gift wrapping. This can potentially increase sales and revenue for the business. Offer promotions and discounts to attract customers, improve customer service and satisfaction to encourage repeat business, expand marketing efforts to reach new audiences, introduce new products or services to diversify offerings and generate interest, and utilize social media and online platforms to expand reach and engage with customers.
Additionally, offering unique and attractive features can differentiate the shop from competitors, allowing it to stand out and gain a competitive advantage.
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What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovation ideas payment terms.
The things which people who are taking out a mortgage must agree to are:
A loan amount, Interest ratePayment termsAccording to the given question, we are asked to state the things which people who are taking out a mortgage must agree to and why they are essential for obtaining this loan.
As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.
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Answer:
A loan amount,
Interest rate
Payment terms
Explanation:
How do advertisements put pressure on consumers to buy certain products or services?.
Advertisers use persuasive techniques such as appeals to emotion, peer pressure, social proof, and repetition to convince customers to buy products or services.
The organization on the mobile marketing ecosystem's purchasing side is known as an advertiser. In mobile advertising, the advertiser is frequently an app or brand trying to promote a certain message about their goods (for example, new user acquisition and retargeting campaigns).
Advertisers purchase advertising space from mobile publishers and ad networks, who assist them in reaching users who are likely to be interested in their message. For instance, a gaming app (the advertiser) might buy space from an ad network, which would then distribute ads for a game's promotional offer. Metrics like Cost per Install (CPI) and Return on Advertising Spend can then be used to gauge the campaign's effectiveness (ROAS).
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Stacey Yung wants to open a Pizza Hut restaurant in Beijing and has an agreement with the restaurant chain in which she can use the trademark and must also follow a strict set of guidelines detailing how the business should operate. The Pizza Hut Corporation will receive a percentage of Stacey's revenues from her restaurant. What type of entry mode does this represent?
a. franchising
b. licensing
c. turnkey operation
d. wholly owned subsidiary
e. acquisition
Option (a), franchising. Stacey Yung has an agreement with Pizza Hut to use their trademark and follow their guidelines in exchange for a percentage of her revenues. This is a common characteristic of a franchise agreement.
Franchising is a popular entry mode for businesses looking to expand globally because it allows them to enter new markets with relatively low risk and capital requirements. In a franchise agreement, the franchisor (in this case, Pizza Hut) provides the franchisee (Stacey Yung) with the rights to use their brand and business model, as well as ongoing support and training. In exchange, the franchisor receives a portion of the franchisee's revenues.
Franchising is attractive to both parties because it allows the franchisor to expand quickly without the need for large investments in capital or personnel, while the franchisee benefits from the established brand recognition and support provided by the franchisor. However, franchise agreements can also be complex and require careful negotiation and management to ensure the success of both parties.
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- What is the Netflix Way (their culture) in terms of racial and social injustice and workplace harassment? Explain fully. - What are three potential positive influences of the Netflix Way culture (described in Question 1) when the company needs to take a stand against harassment of any kind? Explain each fully. - What are three actions company leaders can take to create a culture that helps prevent harassment in their workplace? Explain each fully, i.e., describe the action in detail and why you think it would prevent harassment. - How has the current cultural environment of our country shaped the way that Netflix and other U.S. companies are looking at their own corporate cultural standards when dealing with harassment of any kind? Explain fully and give at least one example other than those given in the case
The Netflix Way culture emphasizes a strong stance against racial and social injustice and workplace harassment, fostering a safe and inclusive environment through clear policies, open communication, and swift action.
The Netflix Way culture demonstrates a strong commitment to addressing racial and social injustice and workplace harassment. Netflix actively fosters a diverse and inclusive environment where all employees feel safe, respected, and empowered to speak up. The company's approach includes open conversations about these issues, the support of employee resource groups, and the implementation of training programs to raise awareness and prevent harassment. Netflix's transparent and direct approach ensures that concerns are addressed promptly, and individuals are held accountable for their actions, creating a culture that actively combats harassment.
The positive influences of the Netflix Way culture when it comes to taking a stand against harassment are evident. Firstly, clear policies and procedures establish guidelines and expectations, ensuring that employees understand what constitutes harassment and the consequences that follow. Secondly, open communication channels create a safe space for victims to report incidents without fear of retaliation, encouraging a culture of trust and support. Finally, the swift action and consequences taken by Netflix demonstrate that harassment will not be tolerated, sending a powerful message to employees that their concerns will be taken seriously. These factors contribute to a workplace environment that actively works to prevent and address harassment.
In response to the current cultural environment, where issues of harassment are receiving increased attention, companies like Netflix have been prompted to reevaluate their corporate cultural standards. Heightened awareness of social issues, movements like #MeToo, and public demand for accountability have driven companies to take a more proactive approach to addressing harassment. For example, Netflix's response to allegations of harassment on the set of "House of Cards" by suspending production and conducting an investigation reflects a commitment to taking immediate action and holding individuals accountable. This cultural shift has led companies to prioritize prevention, improve reporting mechanisms, and enforce stronger consequences for harassment, reflecting a more proactive and supportive approach to ensuring a safe workplace for all employees.
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When you receive a loan, the money the lender gives you is called the
Answer:
The Principle
Explanation:
There are two main parts of a loan: The principal -- the money that you borrow. The interest -- this is like paying rent on the money you borrow.
The soft drink industry is dominated by TCCC and PSC. The market is worth $6 billion. Each firm can decide whether to advertise, but advertising costs $1 billion to any firm undertaking it. Moreover, advertising will create only negligible new demand as the market is already saturated. So, for the purpose of this question, assume that the market remains at $6 billion regardless of advertising. If one firm advertises and the other does not, then the former captures the whole market. If both firms advertise, then TCCC captures 60% of the market and PSC captures 40% of the market, but the advertising must be paid for. If neither firm advertises, then the market is again split 60:40, with 60% going to TCCC and 40% to PSC.
Draw the payoff matrix for this game where each player's payoff is equal to the value of market it captures less the cost of advertisement.
The payoff matrix for the game is:
TCCC\PSC Advertise Not Advertise
Advertise 2,000 5,000
Not Advertise 4,000 3,000
Explanation:In the given scenario, there are two companies: TCCC and PSC and the soft drink market is worth $6 billion. Each firm can decide whether to advertise or not. However, advertising cost is $1 billion for any company taking this step. Advertising will create only negligible new demand as the market is already saturated. Therefore, for the purpose of this question, assume that the market remains at $6 billion regardless of advertising. Let's assume that one firm advertises, and the other does not. In this case, the company that advertises will capture the whole market. Suppose both firms advertise, TCCC will capture 60% of the market, and PSC will capture 40% of the market. If neither company advertises, the market will be split 60:40, with TCCC getting 60% of the market, and PSC getting 40% of the market.The Payoff Matrix for the game where each player's payoff is equal to the value of the market it captures less the cost of advertisement is as follows:
TCCC\PSC Advertise Not Advertise
Advertise 2,000 5,000
Not Advertise 4,000 3,000Thus, the given is the Payoff Matrix for the game where each player's payoff is equal to the value of the market it captures less the cost of advertisement.
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Question: 3 of 15
QUESTION:
The location of which of the following should be indicated on evacuation floor plans?
POSSIBLE ANSWERS:
COMPLETED:
O Emergency equipment
Emergency coordinator offices
The location of emergency equipment and emergency coordinator offices should be indicated on the evacuation floor plan. Thus, option (c) and (d) is correct.
This information is critical for staff who have been designated to assist with emergency evacuation protocols, as well as first responders who may need to remove an evacuation schematic for directional guidance through the building.
The floor plan should also show utility shutoffs, evacuation waiting spaces, and what to do in the event of a fire or when the fire alarm goes off.
As a result, the significance of the location of which of the following should be indicated on evacuation floor plans are the aforementioned. Therefore, option (c) and (d) is correct.
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Personnel tests are designed to test a job applicant's cognitive and/or physical abilities. A particular dexterity test is administered nationwide by a private testing service. It is known that for all tes administered last year, the distribution of scores was approximately normal with mean 73 and standard deviation 7.9. a. A particular employer requires job candidates to score at least 79 on the dexterity test. Approximately what percentage of the test scores during the past year exceeded 79 ? b. The testing service reported to a particular employer that one of its job candidate's scores fell at the 90 th percentile of the distribution (i.e., approximately 90% of the scores were lower than the candidate's, and only 10% were higher). What was the candidate's score? Click here to view a table of areas under the standardized normal curve. a. Approximately \% of the test scores during the past year exceeded 79. (Round to one decimal place as needed.)
The candidate's score is 83.012. It is known that for all test administered last year, the distribution of scores was approximately normal with mean 73 and standard deviation 7.9.
Given that Personnel tests are designed to test a job applicant's cognitive and/or physical abilities. A particular dexterity test is administered nationwide by a private testing service.
Mean, μ = 73
Standard deviation, σ = 7.9
The z-score for 79 is given as:
$$z = \frac{X-μ}{σ}
=\frac{79-73}{7.9}
=0.76$$
We need to find the area under the curve to the right of this score. Using standard normal distribution tables, we can find the area to be 0.2236.
Approximately 22.4% of the test scores during the past year exceeded 79. (Round to one decimal place as needed.)
Therefore, the correct option is (b) The testing service reported to a particular employer that one of its job candidate's scores fell at the 90th percentile of the distribution (i.e., approximately 90% of the scores were lower than the candidate's, and only 10% were higher).
We know that z90 = 1.28
This implies that the score x at the 90th percentile is given by:
$$1.28=\frac{x-μ}{σ}$$
Solving for x, we have:
$$x=μ+1.28σ
=73+1.28(7.9)
=83.012$$
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Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answer:
Option B !!!!! :))
Explanation:
Bob is interested in examining the relationship between the number of bedrooms in a home and its selling price. After downloading a valid data set from the internet, he calculates the correlation. The correlation value he calculates is only
0.05
. What does Bob conclude? Bob gives up on his research because
r=.05
means there is no relationship of any kind between bedrooms and selling price. Bob continues his research because even though there is no linear relationship here, there could be a different relationship.
The correlation coefficient is calculated with the aid of figuring out the covariance of the variables and dividing that range by the product of these variables' popular deviations.
What does correlation measure?Correlation is a measure of affiliation that assessments whether or not a relationship exists between two variables. It suggests both the energy of the affiliation and its route (direct or inverse). The Pearson product-moment correlation coefficient, written as r, can describe a linear relationship between two variables.
Correlation is a statistical tool that suggests the association between two variables. Regression, on the other hand, evaluates the relationship between an impartial and a based variable.
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https://brainly.com/question/12479370#SPJ4what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
why has loyalty become an important strategy for healthcare organizations in today's environment? select one: a. health care reform b. challenge of pay-for-performance contracts c. the need to establish relationships so that the hospital is not financially penalized based on negative hcahps evaluations d. all of these are correct.
Loyalty has become an important strategy for healthcare organizations due to all of the above reasons. Health care reform has emphasized the need for quality patient care, and loyal patients are more likely to have better outcomes and satisfaction.
Pay-for-performance contracts incentivize hospitals to improve their quality metrics, and loyal patients can help with this by returning for care and following treatment plans.
Additionally, negative HCAHPS evaluations can lead to financial penalties, so establishing relationships and fostering loyalty can help mitigate these risks.
Overall, healthcare organizations that prioritize loyalty can benefit from improved patient outcomes, better quality metrics, and reduced financial risks.
However, it is important for healthcare providers to ensure that they are earning loyalty through genuine patient-centered care and not just through superficial tactics.
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what advice would you give to editors about how to avoid hiring someone like stephen glass? what kind of pre-employment screening do you recommend?
Editors should conduct thorough background checks, request writing samples, assess fact-checking skills, perform reference checks, incorporate ethics assessments, and use behavioral-based interviewing techniques to avoid hiring individuals like Stephen Glass.
What advice would you give to editors to avoid hiring individuals like Stephen Glass, and what pre-employment screening measures do you recommend?To avoid hiring someone like Stephen Glass, who infamously fabricated stories as a journalist, editors should implement thorough pre-employment screening measures. Here are some recommendations:
1. Background checks: Conduct comprehensive background checks to verify the candidate's educational qualifications, previous employment, and any relevant professional licenses or certifications.
2. Reference checks: Contact references provided by the candidate, including former employers or colleagues, to gain insights into their character, work ethics, and integrity.
3. Writing samples: Request writing samples that demonstrate the candidate's ability to produce accurate and credible content. Analyze their writing style, attention to detail, and adherence to journalistic standards.
4. Fact-checking skills assessment: Test the candidate's fact-checking abilities by presenting them with hypothetical scenarios and assessing how they would verify information and sources.
5. Ethics and integrity assessments: Incorporate ethics and integrity assessments into the screening process, which can include scenario-based questions or situational judgment tests to evaluate the candidate's ethical decision-making skills.
6. Interview techniques: Use behavioral-based interviewing techniques to explore the candidate's past experiences, responses to ethical dilemmas, and their understanding of journalistic standards.
By implementing these pre-employment screening measures, editors can significantly reduce the likelihood of hiring individuals who may engage in unethical practices like fabricating stories.
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In the 4E framework for social media, when attempting to ______ the customer, a firm encourages the customer to offer feedback.
In the 4E framework for social media, when attempting to engage the customer, a firm encourages the customer to offer feedback. This is because feedback is essential in building customer engagement and loyalty.
Feedback helps firms understand the needs and preferences of their customers and provides insights into areas where improvements can be made. By actively soliciting feedback from customers, firms can demonstrate that they value their opinions and are committed to delivering products and services that meet their needs.
Moreover, by engaging with customers and responding to their feedback, firms can foster a sense of community and collaboration that can further enhance customer engagement and loyalty.
In summary, encouraging customers to offer feedback is a crucial element in the 4E framework for social media, as it helps firms build lasting relationships with their customers and stay competitive in today's digital marketplace.
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which of the following statements is not one of the desirable traits of entrepreneurs listed by spinelli and adams? a. tolerance of risk b. determination c. a domineering attitude d. opportunity obsession
Option (c), One of Spinelli and Adams' mentioned desirable characteristics for businesses is NOT a dominant attitude.
Which four organizational behavior pillars are most important?Four factors make up organizational behavior: people, structure, technology, and external environment. The links between these elements can be understood in order to create improvements.
The greatest way to characterize organizational behavior is...Investigating how conduct at work affects output is a part of it. The phrase "organizational behavior" describes a collection of scholarly work that provides a broad overview of how people behave and perform in an organization.
Why is corporate behavior crucial? What is it comprised of?The core focus of organizational behavior is the investigation of how social and environmental factors affect the performance of individuals or groups of individuals. A group's ability to function effectively is greatly influenced by how its members get along, communicate, and cooperate.
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why is private property, and the protection of property rights, so critical to the success of the market system>
Private property and the protection of property rights are critical to the success of the market system for several reasons:
1. Incentives for innovation and productivity: When individuals have secure property rights, they are more likely to invest in and improve their property. This creates an incentive for innovation, productivity, and economic growth.
2. Efficient allocation of resources: Private property rights allow individuals to make decisions about how to use their property. This enables resources to be allocated efficiently, as people are motivated to use their property in ways that maximize its value and meet the needs of others in the market.
3. Facilitation of voluntary exchange: Private property rights make it easier for individuals to engage in voluntary transactions. Ownership provides a clear basis for negotiation, exchange, and the establishment of contracts. This facilitates the smooth functioning of markets, where goods and services are bought and sold.
4. Protection against government abuse: Private property rights act as a safeguard against government abuse. They limit the power of the state by providing individuals with legal protection against arbitrary confiscation or interference with their property.
Overall, private property and the protection of property rights are fundamental to the success of the market system as they incentivize innovation, promote efficient resource allocation, facilitate voluntary exchange, and provide a check on government power.
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Why are file naming conventions essential?
A. So that data entry workers do not have to learn new systems with
every new position.
B. To make it easy to copy files for backup storage.
C. So that companies can easily share files with other companies.
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Answer:
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Explanation:
Which of the following is an example of "cherry picking" data? (can select more than one)
a. presenting the data on a complete scale
b. choosing specific data points that present the desired point of view
c. leaving out certain data points
b. choosing specific data points that present the desired point of view and c. leaving out certain data points. both are he correct option. Cherry picking data is the act of choosing specific data points that present the desired point of view or leaving out certain data points that might discredit a particular argument or point of view.
This is a typical logical fallacy that is frequently utilized in debates, media, and politics. What is cherry-picking data?Cherry-picking data is the act of selectively choosing data to support a conclusion while ignoring the data that contradict it. Therefore, options (b) and (c) are examples of cherry-picking data. When we cherry-pick data, we are selectively choosing data that supports our argument while disregarding data that does not.
The primary objective of cherry-picking data is to influence or persuade the audience to agree with a particular point of view by providing them with data that supports it and, at the same time, excluding data that contradicts it. This technique is frequently used to influence public opinion, especially in politics and media.In contrast, presenting the data on a complete scale is not an example of cherry-picking data. When data is presented on a complete scale, we are presenting all the available data without leaving out any particular data points that may discredit our argument. This provides the audience with a clear understanding of the data's context, which is vital in decision making. Therefore, option (a) is not an example of cherry-picking data.
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Which one of the following best describes the role of a financial intermediary? O Financial intermediaries collect large surpluses from a few suppliers of capital and lend those funds in small amounts to numerous demanders of capital.O Financial intermediaries match suppliers of capital with demanders of capital so they can directly exchange funds.O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.O Demanders of capital normally need funds for a short period of time.
O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.
The Free enterprise system is:
A: Supply & Demand
B: Designed to protect consumers' best interests
C. Requires both sides of the story
D. Free of competition
Answer:
Free enterprise is the freedom of individuals and businesses to regulation. It enables individuals and businesses to create, produce, are able and willing, enterprising people produce goods and services for produce and sell goods and services. In this system, no one forces people they believe to be best for them.
John buys a used car for $5,400 and spends $600 on new parts, made in the U.S., to fix the car. The end result of these two transactions isa. U.S. consumption purchases increase by $5,400 and U.S. GDP increases by $5,400.b. U.S. consumption purchases increase by $6,000 and U.S. GDP increases by $6,000.c. U.S. consumption purchases increase by $600 and U.S. GDP increases by $600.d. U.S. consumption purchases increase by $600 and U.S. GDP increases by $6,000.
Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
A company reports pretax accounting income of $10 million, but because of a single temporary difference, taxable income is $12 million. No temporary differences existed at the beginning of the year, and the tax rate is 25%. Prepare the appropriate journal entry to record income taxes.
Journal entry to record income taxes:
Particulars Amount
Income tax payable 3,00,000
Deferred tax asset or deferred tax liability 1,00,000
Pretax accounting income 10,00,000
What is the income tax payable?Income tax payable refers to a liability that a corporation incurs as a result of income tax laws in the nations where it operates. It shows the amount of corporate income tax that has been incurred but has not yet been paid.
Deferred tax liability is equal to the taxable temporary difference multiplied by the tax rate. In the given scenario, the taxable temporary difference is $2,000,000 ($12,000,000 taxable income - $10,000,000 accounting income). The deferred tax liability would be $500,000 ($2,000,000 x 25%).
The entry is shown below in the general journal format. The liability is recorded first, followed by the deferred tax asset or deferred tax liability, and then the net income.
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an organization whose members have a common cause for which they seek to influence public policy is called an...
Answer:
interest group
Explanation:
The following table shows the salary of 7 people in an office last year.
Name Income Andy £9500 Bevan £25000 Cheryl £13250 Deva £72000 Elliott £12750 Frankie £29500 Grace £11000 a) Work out the mean income to 2 DP.
b) Deva was given a large bonus for 30 years service.
Excluding Deva's income, what was the mean income for the remaining 6 workers to 2 DP?
Answer:
£16,833.33
Explanation:
The computation of mean income is shown below:-
Mean income = Total sum of salaries ÷ Number of workers
= £9,500 + £25,000 + £13,250 + £72,000 + £12,750 + £29,500 + £11,000
= £173,000 ÷ 7
= £24,714.29
Now, the Mean income excluding Deva's salary:
Mean income = Mean income
= Total sum of salaries excluding Deva salary ÷ Number of workers
= (£9,500 + £25,000 + £13,250 + £12,750 + £29,500 + £11,000) ÷ 6
= £101,000 ÷ 6
= £16,833.33
We simply applied the above formulas
The yield curve is typically ________. A) downward sloping B) upward sloping C) flat D) inverted
The yield curve can take on different shapes, but typically it is upward sloping, meaning that yields on longer-term bonds are higher than yields on shorter-term bonds.
The yield curve is a graph that shows the relationship between the yields (interest rates) and maturity dates of bonds. It plots the yields of bonds with different maturities, typically from 3 months to 30 years, and is used as an indicator of the overall health of the economy.An upward-sloping yield curve, also known as a normal yield curve, is the most common shape of the curve. It means that long-term interest rates are higher than short-term interest rates. This is because investors demand higher yields for locking up their money in longer-term bonds.
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What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise
Answer:
D The number of jobs in marketing is on the rise
Explanation:
The outlook for marketing career opportunities is The number of jobs in marketing is on the rise. Thus the correct option is D.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.
The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.
Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.
Therefore, option D is appropriate.
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What is the first step in financial planning?
OA. Analyzing the current situation
B. Identifying goals
C. Coming up with strategies for meeting goals
D.
Assess the advantages and disadvantages of different strategies
Answer:
A. analyze the current situation!
Do you think every working American needs a 401(k) account or an IRA? Why or why not?
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Answer:
Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.
There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.
However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.
Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.
Question 5 of 10
Why do businesses send invoices to customers?
OA. to remind the customer when a payment is due
O B. to alert accounts receivable to expect a payment
C. to remind customers to make another purchase
OD. to keep the Accounts Receivable journal up to date
Businesses send invoices to customers to remind the customer when a payment is due. Thus option A is correct.
What is a business?Business refers to the activity of creating, purchasing, and reselling goods in order to support oneself financially.
As the business is the one who will be sending the invoice. This was to suggest that there will be an amount that the customer was the one to pay due.
Also, they can have an account of things. This will be treated as a debt that the customer needs to pay for the services or the commodity. Therefore, option A is the correct option.
Learn more about business, here:
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