A. What are some of the biggest challenges faced in starting a business? Use ideas discussed in class! B. Your friend started a business but is having trouble getting sales for his new product. Give him some selling advice.

Answer:

The answer is "They are used for anything listed on the budget."

The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.

Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.

The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing.  It can also help if someone loses their job or if something else happens that they didn't expect.

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Exeter paid $132,200 for 4,950 pounds, which it used in order to produce 4,700 units. So, the direct materials price variance is $10,296 unfavorable.

Given,

Standard price of $26 per pound.

Exeter paid = $132,200

Direct materials price variance = ?

So, the computation of direct material price variance is done below-

= (The actual price - Standard price) × The actual quantity used

Actual price = $132,000/4,700 units

= $28.08 × 1 pound

= $28.08 per pound

Actual quantity used = 4,700 units

Standard price = $26  per pound

= ($28.08 per pound - $26 per pound) × 4,700 units

= ($2.08 per pound) × 4,950 pounds

= $10,296 unfavorable

Hence, the direct material price variance is unfavorable as the actual price is more than standard price.

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Answer:

Current liabilities

Explanation:

More cow towns were built in the West as railroads made it easier to transport a large number of cattle. Cattle from the east could be transported west via railroads and fed the region's expanding population.

The production, management, slaughter, and sale of meat, dairy, and other products derived from cattle, such as hides, are all parts of the multi-billion dollar cattle industry in the United States. Any bovine animal—cows, buffalo, bison, etc.—is referred to as a cattle.

The national cattle herd ended its seven-year liquidation on January 1, 2014, with 88.2 million cattle and calves—the lowest herd size since 1952. The herd of cattle has increased ever since, reaching a peak of 94.8 million head in 2019. The herd has decreased by 3% to 91.9 million cattle heads as of January 1, 2022.

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The value of Matt's account in 7 years with quarterly payments will be $327.83 at a 6.5% APR, $386.82 at a 10.5% APR, and $416.29 at a 13% APR.

To calculate the future value of Matt's account with quarterly payments, we can use the formula for the future value of an ordinary annuity:

Future Value = P * [(1 + r/n)^(n*t) - 1] / (r/n)

P = Payment amount per period

r = Annual interest rate (in decimal form)

n = Number of compounding periods per year

t = Number of years

Given that Matt makes quarterly payments of $30, we can substitute the values into the formula:

For 6.5% APR:

P = $30

r = 6.5% = 0.065 (APR)

n = 4 (quarterly compounding)

t = 7 years

Future Value = $30 * [(1 + 0.065/4)^(4*7) - 1] / (0.065/4)

Future Value = $327.83

For 10.5% APR:

P = $30

r = 10.5% = 0.105 (APR)

n = 4 (quarterly compounding)

t = 7 years

Future Value = $30 * [(1 + 0.105/4)^(4*7) - 1] / (0.105/4)

Future Value = $386.82

For 13% APR:

P = $30

r = 13% = 0.13 (APR)

n = 4 (quarterly compounding)

t = 7 years

Future Value = $30 * [(1 + 0.13/4)^(4*7) - 1] / (0.13/4)

Future Value = $416.29

Therefore, the value of Matt's account in 7 years with quarterly payments will be $327.83 at a 6.5% APR, $386.82 at a 10.5% APR, and $416.29 at a 13% APR.


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An Automatic teller machine is used for withdrawing cash from a bank account or getting a balance inquiry from a bank account.

A bank account is a financial account that allows individuals, businesses, and organizations to deposit and withdraw money through a bank or financial institution. These accounts offer various features and benefits, such as interest on deposited funds, access to loans and credit cards, and online banking services. There are different types of bank accounts, such as savings accounts, checking accounts, money market accounts, and certificates of deposit, each with its own unique features and restrictions. To open a bank account, individuals typically need to provide personal identification documents and other necessary information to comply with regulatory requirements. Bank accounts are essential for managing finances, paying bills, and saving money, and they play a vital role in the economy by facilitating transactions and lending.

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Answer:

8 hours

Explanation:

Here, we want to know the number of overtime hours worked.

From the question, we are told that the pay is slightly different and higher if she worked for some hours over 40 hours

What this means is that the regular number of hours is 40; then the number of hours in this case 8 over 40 is her over time

Answer:

C

Explanation:

The correct answer would be option C that says that the struggling farmers receive less assistance from the government as fiscal policies are associated with determining the expenses and taxation policies to the various sectors to regulate the direction of the economy.

There are two types of Fiscal Policy that are Expansionary and Contractionary.

Expansionary fiscal policy:

Contractionary policy:

In this case, farmers did not get assistance from the government due to reducing the amount of Federal money available for farming and farmers is an illustration of Contractionary fiscal policy.

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To determine the implied multiple of the Accessories business, we need to calculate the EBIT for the Accessories division and divide it by the implied valuation for that division. From the given information, we know that the Accessories division has a negative EBIT of €200 million.

Implied multiple = Implied valuation / EBIT

Implied multiple = €40.0bn / (-€200m) = -200

Based on the calculations, the implied multiple for the Accessories business is -200.

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The marketing strategy planning process is about narrowing down potential market opportunities to the most attractive ones. This process involves defining the organization's target market and creating a competitive advantage through the creation and delivery of superior value to its target customers.

Situation analysis: This is the initial stage of planning in which an organization assesses its current situation by looking at its strengths, weaknesses, opportunities, and threats (SWOT). Market research is conducted to identify market trends, competitor activity, and customer needs.

Marketing strategy formulation: This stage involves developing a marketing mix that will appeal to the target market, which is chosen in the situation analysis. The marketing mix consists of the product, price, place, and promotion.

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Answer:

Establishment of responsibility.

Answer:

keeping the customer healthy and safe and

Explanation:

Answer:

A. Increase retained earnings

Explanation:

The net income earned by a company in a particular year is always used for two purposes and treated in these ways- it is either paid out as dividends or retained in the business and transferred to the retained earning account or both. Thus, if out of $1.00 earnings per share, which is basically the net income earned per share, $0.75 is paid out as dividends per share, the remaining $0.25 is retained in the business and transferred to the retained earnings account.

Answer:

Specialization refers to an individual while division of labor is social or refers to society (the aggregation of individuals). Division of labour is the separation of the production process into different operations, from intellectual to manual, from each process in a production line, from country to country, etc.

A self-imposed trade restriction on the quantity of a good that the exporting country is allowed to export to another country is called a voluntary export restraint (VER).

An arrangement between the government or industry in the importing nation and the government or an industry rival in the exporting country for a limitation on the number of the latter's exports of one or more items is known as a voluntary export restraint or voluntary export restriction.

A VER increases consumer surplus on the export market while decreasing it on the market of the importing nation. A VER decreases producer excess in the export market while increasing it in the market of the importing country. When a big exporting nation implements a VER, national welfare may increase or decrease.

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The correct answer to this question is: None of the statements are true.

The first statement, "Partners will never recognize a gain on an operating distribution," is not true.

Partners can recognize a gain on an operating distribution if the distribution exceeds their basis in the partnership interest. In this case, the excess amount would be considered a gain.
The second statement, "Partners receiving a distribution of property other than money will take a basis in the property equal to its fair market value," is true.

When a partner receives a distribution of property, their basis in the property is equal to its fair market value at the time of distribution.
The third statement, "Partners will never recognize a loss on an operating distribution," is not true.

Partners can recognize a loss on an operating distribution if the distribution is less than their basis in the partnership interest. In this case, the difference between the distribution and the basis would be considered a loss.

Therefore, the correct answer to this question is: None of the statements are true.

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Explanation:

Credit Cards: That used fund daily transactions by customers.

Car Loans: That used fund the purchasing of a car by customers.

Private loans: Used mostly by borrowers for school funding.

Personal Loans: Being used personal usage by customers.

(a) To calculate the manufacturing cost per unit under normal-absorption costing, we need to allocate the fixed manufacturing overhead costs to the units produced.

Using the budgeted volume of 50,000 units, the fixed overhead rate is calculated as $240,000 / 50,000 = $4.80 per unit. The total manufacturing cost per unit is then calculated as follows:

Direct materials: $6.00

Direct labor: $8.00

Variable overhead: $2.00

Fixed overhead: $4.80

Total manufacturing cost: $20.80

(b) The difference in net income between variable-costing and normal-absorption-costing methods is caused by the treatment of fixed manufacturing overhead costs. Under variable costing, fixed manufacturing overhead costs are expensed in the period they are incurred, while under normal absorption costing, they are allocated to the units produced based on a predetermined overhead rate.

If the actual production volume is less than the budgeted volume, the fixed overhead allocated to each unit produced will be higher than the actual fixed overhead cost per unit. This results in an overstatement of inventory value and net income under normal absorption costing.

To reconcile the difference in net income between the two methods, we need to adjust the ending inventory value calculated under normal absorption costing by subtracting the fixed overhead volume variance (the difference between actual fixed overhead and allocated fixed overhead) multiplied by the number of units in ending inventory. This adjustment will decrease net income calculated under normal absorption costing.

In contrast, net income calculated under variable costing does not include the volume variance adjustment because fixed overhead costs are expensed in the period they are incurred. Therefore, the difference between the two methods can be reconciled by adding the fixed overhead volume variance adjustment to net income calculated under variable costing.

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The control is a cybernetic process that needs ongoing management oversight and process improvement to stay on track. Cybernetics is the study of control and communication in machines and living organisms.

In management, control refers to the process of monitoring and regulating organizational activities to ensure that they align with the goals and objectives of the organization. This process requires continual attention and process improvement from managers to ensure that the organization stays on course and achieves its desired outcomes. Without proper control, the organization may deviate from its intended course and fail to achieve its goals.

In the context of management, control refers to the process of monitoring and regulating organizational activities to ensure that goals are achieved efficiently and effectively. Cybernetic control is a feedback-based approach that allows managers to adjust their actions based on the information received about the performance of the organization. This continual attention to the feedback loop enables managers to identify any deviations from the desired course and make necessary adjustments to keep the organization on track.

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Answer: b. market value is not always the same as what the property cost.

Explanation: In the process of property valuation in real estate, potential users or buyers have to appraise a property before they make offers, this will enable them know the value and the reasonable price to offer. One of such method of appraisal is the cost approach which is based on the basis that, a property shouldnt be purchased by a buyer at a price beyond the cost of erecting an equivalent structure. Of the options listed above, using the notion of not paying beyond the cost of erecting a similar building could be considered a weakness in f the approach in situations whereby the market value of the property is not the same as the value of the property. The market value of a property could be influenced by different factors including seasonality, changes in geography or terrain and so many other factors which may influence the value of an asset which might not affect the real cost of the property. Hence, the discrepancy.

Answer:

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C). They must be in a uniform format as required by law

Explanation:

A 'safety data sheet' is described as the document that aims to provide the list of information regarding the occupational health as well as safety for using the different products like chemical compounds and substances like chemical mixtures, etc.  

As per the question, a safety data sheet must 'be presented in a uniform format as per the law'. This sheet primarily intends to instruct the users for safely handling as well as using the product by bewaring them of the prospective hazards related to the use of that particular product which could be any format that could be stated in a 'uniform format' beginning with 'identification of the chemical' followed by various other steps like 'hazard identification, stability, physical and chemical properties, etc.' so that every user can understand the use of product in the systematic order comprehensively.is the correct answer

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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The ITOR is 2.8 (rounded to the nearest tenth). This means that the pharmacy turns over its inventory 2.8 times during the period measured by the cost of goods sold. A higher ITOR is generally considered better, as it indicates that a company is selling its inventory more quickly and efficiently.

To calculate the ITOR in this case, we need to first find the average inventory. We can do this by adding the initial inventory and ending inventory, then dividing by 2.
Average inventory = (325,900 + 245,000) / 2 = 285,450
Now we can calculate the ITOR by dividing the cost of goods sold by the average inventory:
ITOR = 800,000 / 285,450 = 2.8

The ITOR (Inventory Turnover Ratio) is a financial ratio used to measure the efficiency of a company in managing its inventory. It is calculated by dividing the cost of goods sold by the average inventory during a specific period.

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Answer:

$1,013.67 and $13.67

Explanation:

The formula for calculating compound interest is as follows

FV = PV × (1+r)^n

Where Fv is the future value

Pv is the present value, $1000

r is the interest rate 4%

n is number of periods= 2 months

Since time is in months, applicable interest rates will be 4% per year divided by 12 months multiplied by 2

=4/12 x 2 =0.67%

Fv = $1000 x (1 + 0.67/100)^2

Fv = $1000 x (1.0067)^2

Fv = $1000 x 1.01344489

Fv= $1,013.44

The amount will be $1,013.44.

Interest will be $1,013.44 - $1000 = $13.44

Studying management is crucial because it enables one to apply management theory in a number of contexts to increase effectiveness, productivity, employee happiness, and personal success.

The study of management will give you the knowledge and abilities required to succeed in leadership roles, run your own business, and successfully manage groups of people, teams, and organizations. Studying management will also put you in a position where you can earn a lot of money. Management is crucial in assisting staff members with their future planning. You must encourage your staff to consider both the now and the future.

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Answer:

yes i do

Explanation:

Answer:

c) is a knowledge worker

Explanation:

A knowledge worker is an individual who is skillful, experienced, educated and whose duty is to apply his or her thinking creativity on the job. According to Peter Drucker, a knowledge worker is someone who is innovative and creative in terms of developing new products and services and one who always find a better way of doing things.

The job of a knowledge work is very complex hence involves expertise on the subject field. A knowledge worker most often develop new ideas and strategies to meeting needs of people rather than focusing on manual and repetitive work. Example of knowledge workers includes but not limited to engineers, scientists, physicians, lawyers etc.

Answer:

goal

A career plan.

This is the answer.

Answer:

It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.

I hope this helps :)

Content and process are perspectives on option D. motivation

Margot is a third grade teacher who spends time each afternoon tutoring students who need a little extra guidance. Margot also volunteers to read to the residents at a nursing home. Margot seems to seek rewards intrinsic

There are two perspectives of motivation theory and these include: content and process.

Therefore, the correct answer is as given above

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