The gross profit is calculated by subtracting the cost of goods sold from the net sales. Thus, the gross profit earned by Abbey Co. on these transactions is $12,200 - $10,570 = $1,630.
To calculate the gross profit earned by Abbey Co. on these transactions, we need to subtract the cost of goods sold from the net sales.
Net Sales:
The net sales are calculated by subtracting the returned merchandise from the original sale amount.
Net Sales = Sale Amount - Returned Merchandise
Net Sales = $15,100 - $2,900
Net Sales = $12,200
Cost of Goods Sold:
The cost of goods sold is the cost of the merchandise sold to Gomez Co.
Cost of Goods Sold = $10,570
Gross Profit:
Gross Profit is calculated by subtracting the cost of goods sold from the net sales.
Gross Profit = Net Sales - Cost of Goods Sold
Gross Profit = $12,200 - $10,570
Gross Profit = $1,630
Therefore, Abbey Co. earned a gross profit of $1,630 on these transactions.
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a decentralized organization . multiple select question. removes the emphasis on manager productivity encourages upper-level management to concentrate on strategic decisions improves performance evaluation does not involve lower-level managers in decision making
A decentralized organization will encourages upper level management to concentrate on strategic decision.
What is decentralized organization?It is a structure that is one where mid and lower level managers make most of the decisions, rather than the senior management team. Sometimes, employees are even involved in the decision-making process.
Why a decentralized organization will encourages upper level management to concentrate on strategic decision and became the answer of the question?
Since decentralized organization and use of responsibility accounting empowers the lower level management through training to take on more responsibilities, it leaves the upper level management with more time to focus on more big strategic business decisions.
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At a a team meeting, everyone spends the first 10 minutes trying to find their documents, asking what you are working on, and getting distracted by off-topic chatting. What does your team need?
A. listening skills
B. organization
C. confidence
D. honesty
The answer is B. Organization.
After analyzing the scenario, the team needs listening skills. Thus, option A is the correct option.
You may be hearing the words that are being said, but without any form of reaction (such as smiling, nodding your head or reacting to the conversation), it could be deemed that you’re not paying attention. In contrast, active listening is a style of communication that shows you understand what is being said to you, and what you are being asked to do.
Active listening skills are about more than just hearing the words; it involves interpreting body language and other visual cues, and thinking about your response and knowing how to react appropriately.
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The key to developing an effective business-level strategy is to decide upon a competitive strategy in your marketplace. A decision maker can choose one of the following three generic business-level strategies: Low-cost leadership, Differentiation or Focus.
Based on your reading, answer the following question:
1) You are the owner of a new start up business that will be entering a vibrant but very competitive market on January 1st 2023. You believe that your product will revolutionize that marketplace as soon as it is launched.
2) Which of the three business-level strategies will you utilize? Tell me why?
As the owner of a new start-up business that will be entering a vibrant but very competitive market on January 1st 2023, I would utilize the differentiation strategy.
Low-Cost Leadership StrategyThe low-cost leadership strategy involves offering the lowest prices in the industry to attract customers. This strategy works best when economies of scale are achievable, and a firm can produce products at lower costs than competitors. However, it requires a huge market share, which is difficult for new firms to attain.
Focus StrategyThis strategy targets a niche market segment by providing specialized products or services to customers' unique needs. The focus strategy requires specialized expertise and skills, which are difficult for new firms to acquire. The approach is therefore unsuitable for start-up businesses that lack a solid reputation and customer base.
Differentiation StrategyThe differentiation strategy involves offering unique products or services to customers that are different from those provided by competitors. The differentiation strategy enables firms to charge premium prices, making it easier to recoup their investments in research and development. Firms using the differentiation strategy are able to develop customer loyalty and maintain a high market share, making it an ideal strategy for a new start-up business entering a competitive market.
However, differentiation requires a significant investment in research and development, which can be challenging for a start-up company with limited resources. Despite this challenge, the differentiation strategy is the best choice for a start-up business that wants to enter a competitive market by revolutionizing the marketplace. The differentiation strategy is ideal for firms that develop new products or innovative services that cannot be easily replicated by competitors.
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What is the structure of Public corporation
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
When managing in a unionized environment, managers need to remember two words. Bilateral and.
When someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.
In a unionized work-environment, the employers must be enter an individual contracts with the employees since union is the bargaining agent for them.
In a unionized work-environment, the employees who are members of a union enjoys greater job security than the nonunion workers.Hence, when someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.
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If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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the original price of a 2012 honda insight to the dealer was $17,695, but the dealer will pay only $16,745. if the dealer pays honda within 15 days, there is a 2% cash discount.
a. How much is the rebate?
b. What percent is the rebate? (Round your answer to the nearest hundredth percent.)
c. What is the amount of the cash discount if the dealer pays within 15 days? (Round your answer to the nearest cent.)
a. The rebate is $950.
b. The rebate is 5.39% (rounded to the nearest hundredth).
c. The amount of the cash discount if the dealer pays within 15 days is $353.90 (rounded to the nearest cent).
a. The dealer will pay only $16,745, whereas the original price of a 2012 Honda Insight to the dealer was $17,695.
Original price = $17,695
Dealer will pay = $16,745
Rebate = Original price - Dealer will pay= $17,695 - $16,745= $950
The amount of the rebate is $950.
b. The percentage of the rebate is calculated using the formula below:
Percentage of the rebate = (Rebate / Original price) × 100%= ($950 / $17,695) × 100%= 0.0538 × 100%= 5.38%
The percentage of the rebate is 5.38%.
c. If the dealer pays Honda within 15 days, there is a 2% cash discount.
The amount of cash discount is calculated using the formula below:
Cash discount = Original price × Cash discount rate= $17,695 × 0.02= $353.90
The amount of the cash discount if the dealer pays within 15 days is $353.90.
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to find the social security deduction from your wages, multiply your wages by 0.0751. if the social security deduction on a check amounted to $22.53, what was the amount of the wages?
The amount of the wages was $299.87.
To find the amount of the wages, you need to use the equation given in the question and rearrange it to solve for the wages. The equation is:
Social Security Deduction = Wages x 0.0751
You can rearrange this equation to solve for the wages by dividing both sides of the equation by 0.0751:
Wages = Social Security Deduction / 0.0751
Now you can plug in the value of the Social Security Deduction, which is $22.53:
Wages = $22.53 / 0.0751
Finally, you can use a calculator to find the value of the wages:
Wages = $299.87
So the amount of the wages was $299.87.
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interview a business owner in your local community on initiatives that he/her has undertaken to address unemployment as a socio-economic issue and provide evidence of the interview
It is essential to prepare a script with well-structured and organized questions to conduct an effective interview on any topic.
What to ask in an interview for a survey?The questions must be objective to avoid ambiguity and obtain the answers that will solve your thesis. To interview a company manager about a crisis in the workplace, some questions might be:
How is its impact on economy?
What is an unemployment management plan?
How did the country get over it?
Therefore, it is essential that the research is planned and conducted in an organized and structured manner for effective results.
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is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.
Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so that it looks as if the figures are alive and moving! What possible career paths might Jordan want to consider for his future? Explain.
Answer:
You tube , computer enjneer
Explanation:
Answer:
"A possible career path that Jordan would consider taking for his future are videography, music/video editor, or even an influencer of some sort! Becoming a videographer could widen his knowledge about the electronics he enjoys working with. He could possibly turn something that he's passionate about into something small like short films on a phone all the way to a Hollywood movie." all credit goes to foochy, the original creator of this paragraph. foochy is a brainly user.
An S corporation must possess which of the following characteristics?
a. Not more than one hundred shareholders.
b. Corporation organized in the U.S.
c. Only one class of stock.
d. All of the above are required of an S corporation.
e. None of the above are required of an S corporation.
Option D is correct. All of the above are required of an S corporation.
What Is an S Corporation (S Corp)?An S corporation, often known as a S corporation, is a type of business entity that can transmit its taxable income, credits, deductions, and losses straight to its shareholders in accordance with the tax rules. It has some advantages over the more typical C corp because of this. A substitute for a limited liability company, the S corp is only applicable to small firms with 100 or fewer stockholders (LLC). S corporations and LLCs are both referred to be "pass-through entities" since they do not pay corporate taxes; rather, they pay their owners, who are ultimately responsible for any taxes owed. S corporations are those that have chosen to be taxed under Subchapter S of the Internal Revenue Code.
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In two to three sentences, answer the following:
What information you can obtain from a stock quote?
Answer:
The information that we can get from stock quote is about bidding price, details of previous bidding, etc.
Explanation:
A stock quote can be defined as the last price of stock of exchange. It is the price on which the traders and the buyers consented in their last trade or exchange.
The details that a stock quote provides is the price of last bid, volume of trade, bid price, volume of trade. The buyers and traders can access this information either on their phones, newspapers, news media, online portals etc. The stock quote is shown in decimals.
The national-level advisors of CTSOS
Answer: Students
Explanation:
The National Coordinating Council for Career and Technical Student Organizations (CTSO) advocate for the values that the Career and Technical Education (CTE) curriculum instills in students.
In association with the Association for Career and Technical Education (ACTE), the CTSO work to instill career skills to students in middle school, high school, and post-secondary institutions such as Business, Health science, Information Technology and Finance amongst others.
CTSOs such as Educators Rising and Business Professionals of America encourage and support CTE programs for their members which also has a Federal Support of $1.1 billion.
the formula for a gdp gap is: multiple choice question. real gdp plus nominal gdp actual gdp plus potential gdp real gdp minus nominal gdp actual gdp minus potential gdp
The formula for a GDP gap is: actual GDP minus potential GDP.
What is GDP?GDP (Gross Domestic Product) is a measure of a country's economic performance, which measures the total market value of all final goods and services produced within a country in a given period of time. GDP growth, as opposed to GDP itself, measures the economic growth of a country.
The formula for a GDP gap is given below:
GDP gap = actual GDP – potential GDPThis implies that potential GDP is the amount that the economy could generate if all its resources, including labor, capital, land, and technology, were employed efficiently.
The GDP gap is the difference between actual and potential GDP. When an economy produces less than its potential GDP, it is said to be in a recession. When an economy produces more than its potential GDP, it is said to be in an expansion. When the actual GDP and potential GDP are equal, the economy is said to be at full employment.
GDP is determined by multiplying the amount of goods and services produced (output) by their prices (prices). The nominal GDP is determined by using current prices, while the real GDP is determined by using constant prices.
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Keynes believed that fluctuations in investment would lead to fluctuations in real GDP and prices due to the influence of "animal spirits" on businesspeople's behavior. "Animal spirits" refer to the emotions and confidence levels of businesspeople in the economy.
1. When businesspeople feel optimistic about the economy, they are more likely to carry out lots of investment. This increased investment leads to an increase in aggregate demand, as businesses spend more on capital goods, such as machinery and equipment. As a result, real GDP, which measures the total value of goods and services produced in an economy, increases. This is because businesses are producing more goods and services to meet the higher demand.
2. Higher investment also creates a multiplier effect. When businesses invest, they create income for workers who produce those capital goods. These workers, in turn, have more income to spend on other goods and services, leading to increased consumption. This increase in consumption further stimulates demand, leading to more production and an increase in real GDP.
3. On the other hand, when businesspeople feel pessimistic about the economy, they tend to cut back on their investment spending. This reduction in investment decreases aggregate demand, as businesses spend less on capital goods. Consequently, real GDP decreases, as businesses produce fewer goods and services to meet the lower demand.
4. Lower investment can also have a multiplier effect in the opposite direction. When businesses reduce their investment, it leads to a decrease in income for workers who produce those capital goods. These workers, in turn, have less income to spend on other goods and services, leading to decreased consumption. This decrease in consumption further dampens demand, leading to less production and a decrease in real GDP.
5. Fluctuations in investment can also influence prices. When investment increases, it puts pressure on the demand for resources such as labor and raw materials. This increased demand can lead to higher prices. Conversely, when investment decreases, the reduced demand for resources can lead to lower prices.
In summary, Keynes believed that fluctuations in investment, influenced by businesspeople's "animal spirits," can lead to fluctuations in real GDP and prices. Increased investment boosts aggregate demand, leading to higher real GDP and potentially higher prices. Conversely, decreased investment reduces aggregate demand, resulting in lower real GDP and potentially lower prices.
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What should be included in your retirement plan?
A the amount of social security you expect to earn
B the amount of money you have in other accounts
C pension amounts from your former employers D all of the above
Answer:
A
Explanation:
because when you have social security then you are able to secure your money or pension
Answer:
A
Explanation:
because when security are around your money will safe
when choosing a fraud examination team, it is important to include as many parties as possible to ensure that all investigatory perspectives are covered. True or False?
True. When choosing a fraud examination team, it is important to include as many parties as possible to ensure that all investigatory perspectives are covered. This approach promotes a comprehensive analysis of the case and increases the chances of identifying fraudulent activities.
True. When forming a fraud examination team, it is essential to include various parties to guarantee that all investigatory perspectives are considered. This ensures that all aspects of the case are thoroughly investigated, and nothing is overlooked. A team with a diverse range of expertise can bring unique insights and approaches to the table, leading to a more comprehensive and successful investigation. Moreover, involving various parties can help mitigate any potential conflicts of interest and provide checks and balances to ensure a fair and impartial investigation. In conclusion, forming a robust fraud examination team with diverse investigatory perspectives is crucial to effectively detect and prevent fraud.
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The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
have a good day
you are set to receive an annual payment of $10,600 per year for the next 12 years. assume the interest rate is 5.5 percent. how much more are the payments worth if they are received at the beginning of the year rather than the end of the year?
If they are received at the beginning of the year, the payment is worth $97,031.02.
The difference in value between receiving payments at the beginning versus the end of the year is known as the time value of money.
To calculate the present value of the payments received at the beginning of the year versus the end of the year, we can use the formula for the present value of an annuity:
PV = C x [(1 - (1 / (1 + r)ⁿ)) / r]
Where:
PV = present value
C = cash flow per period
r = interest rate per period
n = number of periods
First, let's calculate the present value of receiving the payments at the end of the year:
PV(end) = $10,600 x [(1 - (1 / (1 + 0.055)¹²)) / 0.055] = $92,083.10
Now, let's calculate the present value of receiving the payments at the beginning of the year. Since the payments are received at the beginning of the year, we need to adjust the interest rate to account for the fact that we are discounting by one extra period. We can do this by dividing the interest rate by (1 + r):
r_adj = 0.055 / (1 + 0.055) = 0.05217
PV(beginning) = $10,600 x [(1 - (1 / (1 + 0.05217)¹²)) / 0.05217] = $97,031.02
The present value of receiving the payments at the beginning of the year is $97,031.02, which is $4,947.92 more than receiving the payments at the end of the year. Therefore, receiving the payments at the beginning of the year is more valuable due to the time value of money.
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The market maker for stock X notices that at the current bid and ask prices, her inventory is getting too low. What should she do to correct this? a. Raise the bid and raise the ask. b. Raise the bid and lower the ask. c. Lower the bid and raise the ask. d. Lower the bid and lower the ask. e. None of the other options
a. Raise the bid and raise the ask.
The market maker for stock X needs to adjust the bid and ask prices in order to correct the low inventory. This will ensure that she is able to attract more buyers and increase her inventory.
In addition, by raising the ask, she will be able to generate more profit from the additional sales. This method of adjusting the bid and ask prices is the most effective way to ensure that the market maker’s inventory is balanced and that she is able to generate more profits.
By lowering the bid and lowering the ask, the market maker runs the risk of losing out on potential buyers, resulting in an even lower inventory. Therefore, the best option for the market maker is to raise the bid and raise the ask.
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what are the disadvantage of credit card
Answer: you don’t see your own money.
Explanation:
Cholula hot sauce, a mexican made chili-based sauce brand, is introducing a new hot sauce flavor and wants to use its owners’ understanding of its target market to promote the sauce successfully. The company is sampling the new sauce at a number of supermarkets in texas, where there are multiple market segments likely to enjoy hot sauces. Cholula’s goal is to give customers experience with the new hot sauce flavor to reduce their risk of purchase and thereby increase trial purchases. The tactic that cholula is using is called _______.
Since Cholula company is sampling the new sauce at a number of supermarkets in texas, where there are multiple market segments likely to enjoy hot sauces, then, the tactics employed is called motivating.
What is motivating?The term "motivating" is not limited to employee and employer, it is used by firm to induce potential and existing customer to buy their product.
In conclusion, the tactics employed by Cholula company is called motivating.
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To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Marcus invested $700 in a savings account at 1.9% annual interest rate. He made no deposits or withdrawals on the account for 3 years. The interest was compounded semiannually. Find, to the nearest cent, the balance in the account after 3 years. Please show any work possible.
Marcus invested $700 in a savings account with a 1.9% annual interest rate. The interest is compounded semiannually, and there are no deposits or withdrawals for 3 years. We need to calculate the balance in the account after 3 years.
To calculate the balance in the account after 3 years, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (initial investment)
r = the annual interest rate (in decimal form)
n = the number of times interest is compounded per year
t = the number of years
In this case, the principal amount (P) is $700, the annual interest rate (r) is 1.9% or 0.019, the interest is compounded semiannually (n = 2), and the time (t) is 3 years.
Plugging in the values into the formula:
A = 700(1 + 0.019/2)^(2*3)
A = 700(1.0095)^6
A ≈ $735.97
Therefore, the balance in the account after 3 years would be approximately $735.97.
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taylor what happened
Answer:
whos taylor?
Explanation:
i dont know anyone named taylor so...
Answer:
do fish get thristy? this is a assignment for health
What major Indigenous historical figure attempted to lead the Nimi’ipuu, the Nez Perce, from their Idaho reservation to self-imposed exile in Canada in 1877?
Mid- to late-19th-century Native American historical figure Chief Joseph is best remembered for his failed attempt to lead the Nimiipuu, or Nez Perce, from their reservation in Idaho to self-imposed exile in Canada in 1877.
What is historical figure?A historical figure is a person from the past whose actions had a major influence on other people's lives and consciousness. These individuals are given characteristics that are a combination of the real ideals they declared and the way they were viewed by others. Finding primary sources written by historical figures, such as autobiographies and memoirs, is an important part of researching them. Primary sources can also contain the world observations that a person made.
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Given a constant rate of growth of real gdp, what would cause a fall in real gdp per capita?
Answer:
Increase in population
Explanation:
When GDP is growing at a constant rate, the only way that real GDP per capita falls is when population growth rate is higher than that of GDP growth rate.
which resource management activity identifies and verifies that personnel
What's the BEST way to make sure that marketing copy uses conversational language? Question 19 options: Use quotations around every statement. Run it through a spell-checker. Read it out loud. Use sophisticated, pompous-sounding language.
The best way that would be used to show that the marketing copy makes use of conversational language would be to Use quotations around every statement.
What is a conversational language?This is the term that is used to refer to the language or the words that are made use of in everyday communication. It is the type of communication that has to do with the language that people would use with their peers as well as when they go through certain activities like when they are shopping.
The use of the conversational language would be done here by running it around a spell checker.
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