Investors who are more risk-averse, i.e., they would like to avoid risks and are cautious about investing in stocks, would prefer the stock with a lower standard deviation. This is because the standard deviation is a measure of the risk associated with a particular stock.
The stock with a lower standard deviation is expected to have less variation in returns and is considered less risky by investors. Therefore, the more risk-averse investor would prefer Stock B.Stock A:Expected return = 13%Standard deviation = 18%Stock B:Expected return = 15%Standard deviation = 16% The concept of risk and return is essential for investors to make wise investment decisions. The risk and return tradeoff determines how much risk investors are willing to take to earn a specific return. A higher expected return is usually associated with a higher level of risk. However, this risk can be mitigated by diversification and investing in a portfolio of stocks instead of a single stock. Stock A has an expected return of 13% and a standard deviation of 18%. This implies that the returns from Stock A are expected to vary widely around the average return of 13%. The risk associated with Stock A is considered high because the standard deviation is high.Stock B has an expected return of 15% and a standard deviation of 16%.
This means that the returns from Stock B are expected to vary less around the average return of 15% compared to Stock A. The risk associated with Stock B is considered low because the standard deviation is low. Therefore, a more risk-averse investor would prefer Stock B because it has a lower standard deviation and is considered less risky. Investors should always consider the risk and return tradeoff while making investment decisions. A higher expected return is usually associated with a higher level of risk. However, investors can mitigate this risk by diversifying their investments and investing in a portfolio of stocks instead of a single stock. Investors who are more risk-averse would prefer stocks with a lower standard deviation as they are considered less risky and have less variation in returns.
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a financial exchange will need to occur. Evaluate each of the following types of financial exchanges and recommend the best option for the exchange.
(a) Cash
(b) Credit
(c) Debit
(d) Electronic Funds Transfer (EFT)
Financial exchange can be of different types however the best option for exchange is A. Cash.
What is Credit?Credit is the type of transfer of financial assets, this transfer includes financial institutions in this type the funds are transferred.
Debit
An exchange type is debit which is the transfer of financial liabilities in return of a consideration, One party transfer a good or service and instead of payment the party which transferred goods also transfers some liabilities.
Electronic Funds Transfer (EFT) is the exchange which is completely online and transfer is made through financial institutions, this transfer is quick.
Cash is the most preferred mode of exchange and therefore this is considered as the best option. Cash is paid in hand, it has the lowest risk of false transfer.
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Acct 122 - Introductory Financial Accounting Chapter 1+2 Quiz Total Marks: 28 Please Complete on the Working Papers Provided. On August 1, 2021, Teddy Bearheart created a new company called ACME Limited. He hired some employees, and had the following activities occur in the first month: Aug 01 - The owner, Teddy Bearheart, created the company by investing $36,301 cash, a work truck worth $68,279 and $5,791 of pens, sticky notes, and blank invoices. Aug 06 - The company purchased $5,362 of liability insurance for cash. Aug 08 - The company acquired heavy equipment worth $3,394 on account. Aug 08 - Customers of ACME Limited paid $24,296 for services provided so far this month. Aug 11 - Teddy Bearheart told the bookkeeper to pay the employees $5,886 for their work Aug 23 - The company repaired the Performed repairs on equipment for $313. Aug 31 - The owner withdrew $8,089 for personal use. REQUIRED: 1. Prepare journal entries using the accounts provided in the general ledger. Ensure that your journal entries are in proper format. 2. Post the journal entries to the accounts in the general ledger.
3. Prepare the unadjusted trial balance.
The journal entries for the given transactions are as follows:
Aug 01:
Cash 36,301
Truck 68,279
Supplies 5,791
Owner's Equity 110,371
Aug 06:
Insurance Expense 5,362
Cash 5,362
Aug 08:
Equipment 3,394
Accounts Payable 3,394
Aug 08:
Cash 24,296
Accounts Receivable 24,296
Aug 11:
Salaries Expense 5,886
Cash 5,886
Aug 23:
Equipment Repairs Expense 313
Cash 313
Aug 31:
Owner's Withdrawals 8,089
Cash 8,089
To record the transactions in the journal entries, we need to identify the accounts affected and their corresponding debit or credit amounts. Here's the breakdown of the journal entries:
On August 1, Teddy Bearheart invested cash, a work truck, and supplies into the business, resulting in an increase in owner's equity. On August 6, the company paid cash for liability insurance expense. On August 8, the company acquired heavy equipment on account, increasing the equipment asset and creating an accounts payable liability. On the same day, customers paid cash for services provided, increasing the cash balance and reducing accounts receivable. On August 11, the employees were paid their salaries, resulting in a decrease in cash. On August 23, the company incurred expenses for equipment repairs and paid in cash. On August 31, the owner withdrew cash for personal use, reducing the cash balance.
The journal entries provided above record the various transactions of ACME Limited in its first month of operation. Each entry identifies the accounts affected and their corresponding debit or credit amounts. These journal entries are the first step in the accounting process and serve as a basis for further financial reporting and analysis.
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how do you make limber of orange?
Limber is most commonly made from tropical juices so they come in a great variety of flavors: guava, tamarind, coconut, acerola cherry, and mango are popular flavors. Many other varieties exist including milk limber (made from a mixture containing condensed milk), grape, lemon, orange, and even soda flavors.
i found this, i dont know if its right but yea.
how much interest is earned on $500 after 3 month of compounding monthly, at an interest rate of 4.0% pa
The interest earned on $500 after 3 months of compounding monthly at an interest rate of 4.0% per year is $6.70.
What is compound interest?Compound interest is a type of interest calculation where the interest earned on an investment or loan is added to the principal amount, and the resulting total amount becomes the new principal for the next interest calculation period.
To calculate the interest earned on $500 after 3 months of compounding monthly at an interest rate of 4.0% per year, we first need to calculate the monthly interest rate.
Monthly interest rate = (4.0% per year) / 12 months
= 0.3333% per month
Next, we can use the formula for compound interest:
A = \(P(1+ \frac{r}{n} )^{nt}\)
Where:
A = the final amount
P = the principal (initial amount)
r = the interest rate (as a decimal)
n = the number of times the interest get's compounded per year
t = the time (in years)
In this case, we have:
P = $500
r = 0.04
n = 12 (monthly compounding)
t = 3/12 (3 months is 1/4 of a year)
Plugging in these values, we get:
A = $500\((1+.04/12)^{12*1/4}\))
= $500(1.003333)³
= $506.70 (rounded to the nearest cent)
To calculate the interest earned, we subtract the initial principal from the final amount:
Interest earned = $506.70 - $500
= $6.70
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You own a construction business and need to hire workers to build a house and add one worker at a time to the added contribution of each worker. At what point will you stop hiring workers ? Relate this process to the three stages of production function as you explain your answer .
the problem and solutions both compete with each other . why ?
The problem and solution both compete with each other because they both are opposite in nature.
Why problem and solution compete each other?Problem and solution are two different things from each other, as problem is the undefined way of something that is much negative approach whereas solution is the way of finding the result of something or problem is positive statement.
Thus, because they both are opposite in nature.
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as the size of the organization increases, the chance of having a defined benefit plan offered also increases.
As the size of an organization increases, the likelihood of having a defined benefit plan offered also increases. This is due to several factors, including economies of scale and the ability to manage and fund such plans more effectively.
The size of an organization plays a significant role in determining the type of employee benefits it offers. Defined benefit plans, also known as traditional pension plans, provide retirees with a fixed, predetermined payment based on factors such as salary and years of service. These plans require careful management and funding to ensure that future obligations can be met.
Larger organizations often have more resources and financial stability, making it easier for them to establish and maintain defined benefit plans. They can leverage economies of scale to spread the costs of administering the plan across a larger employee base. Additionally, larger organizations may have greater bargaining power with financial institutions and investment firm, allowing them to negotiate favorable terms for managing pension fund assets.
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During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?
Answer:
you have to give "the following"
WHAT ARE MANAGED SERVICE OPERATIONS?
on february 1, 2024, a company lends cash and accepts a $8,000 note receivable that offers 20% interest and is due in six months. what would the company record on august 1, 2024, when the borrower pays the correct amount owed?
Sanger will note the amounts that will be debited from Cash ($8,800), credited to Receivables ($8,000), and credited to Interest Income ($800).
Exactly what are receivable notes?An entry on the balance sheet called "receivables" represents the value of debts a company is owed and is expected to pay. The bearer or holder of a written promissory note is entitled to be paid the amount specified in the contract.
Which Interests Come in What Forms?Simple (regular), accrued, and compound interest are three different types of interest. When money is lent, usually in the form of a loan, the borrower must pay an agreed-upon interest rate between the two parties.
A written commitment to receive money in the future is called a receivable. As a general rule, money is made up of capital and interest.
Principal = $8,000
On August 1, 2024, simplest six months have surpassed because the be aware become accepted.
Interest = \(\frac{8,000 X 20 X 6}{100 X 12}\) = $800
Sanger Will record the journal entry as:
Cash- (Dr.) $8,800
Note Receivable- (Cr.) $8,000
Interest Income- (Cr.) $800
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What form do some schools, especially private schools, use in addition to the FAFSA to determine how to award aid? Question 6 options: a. College Access Loan (CAL) Form b. Core Residency Form c. CSS/Financial Aid PROFILE d. FAFSA II
Some schools, particularly private institutions, use an additional form besides the FAFSA to determine how to award financial aid C. CSS/Financial Aid PROFILE
The CSS/Financial Aid PROFILE is a more detailed application administered by the College Board and is designed to gather a comprehensive view of a family's financial situation. This allows schools to distribute their own institutional funds more accurately and fairly.
While the FAFSA is required for federal aid, the CSS/Financial Aid PROFILE is specifically used by certain schools and scholarship programs to allocate their own financial resources. Since it asks for more in-depth information, the PROFILE can provide a clearer picture of a family's finances and unique circumstances. This helps schools and scholarship providers to make more informed decisions when awarding financial aid packages.
It's essential for students and their families to check whether their prospective colleges and universities require the CSS/Financial Aid PROFILE, as not all institutions use it. By completing both the FAFSA and, if necessary, the CSS/Financial Aid PROFILE, students maximize their chances of receiving the most accurate and beneficial financial aid package available to them. Therefore, the correct option is C.
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How did mass production, mass marketing, and popular culture begin to change the united states?
The combination of mass production, mass marketing, and popular culture transformed the United States into a more industrialized, consumer-oriented society, reshaping its economy, social dynamics, and cultural landscape.
Mass production, mass marketing, and popular culture had a profound impact on the United States, bringing about significant changes in several aspects:
Economic Transformation: Mass production, pioneered by Henry Ford and others, revolutionized manufacturing by introducing assembly line techniques and standardized production.
This led to increased productivity, lower costs, and the ability to produce goods on a large scale. The shift to mass production fueled economic growth and allowed for the mass availability of consumer goods.
Consumer Culture: Mass marketing emerged alongside mass production, employing advertising and promotional strategies to create consumer demand for products.
This shift in marketing practices encouraged the development of a consumer culture in the United States. People were exposed to a wide range of goods, leading to increased consumption and the rise of a materialistic society.
Social and Cultural Changes: The rise of popular culture, driven by mass media such as radio, cinema, and later television, had a transformative effect on society.
It created shared experiences, common interests, and new forms of entertainment. The spread of popular culture icons, music, fashion, and trends became influential in shaping societal norms and values.
Urbanization and Mobility: The changes brought about by mass production and marketing led to increased urbanization and mobility. Factories and industries attracted people to urban areas in search of employment, contributing to the growth of cities.
The automobile, made affordable through mass production, facilitated mobility, allowing people to travel more freely and leading to the development of suburbs.
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Permanent book-tax differences include ______.
a. $10,000 capital gain from the sale of land held by a business
b. $10,000 of prepaid rental income received on the last day of the tax year
c. $100,000 of organization costs for a new business
d. $50,000 of interest expense associated with the generation of tax-exempt income
TRUE OR FALSE 27) Identifying the stakeholders—people who have a vested interest in the outcome of the decision—is the last step in analyzing an ethical issue.
Identifying the stakeholders—people who have a vested interest in the outcome of the decision—is the last step in analyzing an ethical issue. The statement is false.
Analyzing ethical problems is a systematic approach that examines moral decisions in any case or circumstance. It consists of a sequence of actions used to identify problems.
The majority of those affected by moral harm or any ethical imbalance are stakeholders. Stakeholders are individuals who have an ownership stake in the outcome of the decision. Acknowledging stakeholders is the first step in recognizing an ethical issue.
Therefore, the statement is False.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answer:monopoly
Explanation:
Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week
Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.
How can we reduce spending?The best way to reduce spending is by spending less on things that we don't need or that we can do without.
In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.
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what 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).
How much can the Ball family expect to pay, per year, to raise the child from birth to 18 years of age?
Answer:
14,344 is the correct ammont that they earn.
What is the cost of running the following schedule in Rolling
Stone magazine? 4th cover 12x
-$3,173,700
-$2,538,960
-$2,792,856
-$2,697,648
$2,697,648
The total cost of the ads is $-16,300,816, or $8,505,516.
the cost of running the following schedule in rolling stone magazine is $-8,505,516.
the prices for the ads are as follows:
* 4th cover 12x = $3,173,700 * 4th cover 12x = $2,538,960
* 4th cover 12x = $2,792,856 * 4th cover 12x = $2,697,648
* 4th cover 12x = $2,697,648
the total cost of the ads is $16,300,816. however, the negative sign in front of the prices indicates that the company is *receiving* money for the ads, not paying for them. to calculate the total cost, you can simply add up the prices of the ads. however, you need to be careful to take into account the negative sign in front of the prices. if you ignore the negative sign, you will calculate the total cost as $16,300,816, which is the total cost if the company were paying for the ads. however, since the company is receiving money for the ads, the total cost is actually $-16,300,816, or $8,505,516.
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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.
In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
Why does the Federal Reserve focus on targeting the federal funds rate?
Answer:
The Federal Reserve uses certain tools to adjust this rate, because it influences other interest rates, such as those you pay on credit cards, mortgages, and bank loans. It also affects the value of the U.S. dollar and other household and business assets. That makes it the most important interest rate in the world.
Explanation:
Because
Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores
Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
1. Use the following 10 terms to fill in the blanks in the two sentences below. Use
each term only once. (10 points total: Part I - 1 point each; Part II - I point
each)
buys
more
decrease
sells
from
smaller
increase
larger
An increase in demand typically results in a larger quantity of goods being sold, while a decrease in supply can lead to a smaller amount available for purchase.
When the demand for a product increases, the market usually responds by selling more of that product. This increase in sales leads to a larger quantity being bought by consumers. On the other hand, when there is a decrease in the supply of a product, it can result in a smaller amount of that product being available for purchase. Consequently, buyers may need to look for alternative options or buy from different sources.
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A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
A coating machine costs $125,000. The coating solution costs $.15 per piece. You expect the coating machine to coat 50,000 parts over its useful life. What is the machine cost per part?
Answer:
$17.50
Explanation:
Cost of 50,000 times coating solution:
15 * 50,000 = 750,000 ($)
So 750,000 + 125,000 = 875,000 ($) ← Total cost
Single cost is 875000 ÷ 50,000 = 17.5 ($)
A laundry can purchase soap containing 30% by weight water at a rate of ₹14 per kg fo.b. factory. The same manufacturer offers a soap containing 5% water by weight. If the freight rate is ₹1.40 per 10 kg, what is the maximum price that the laundry can pay the manufacturer for the soap containing 5% water?
A laundry has the option to purchase soap that contains 30% water by weight at a rate of ₹14 per kg fo.b. (free on board) factory. The same manufacturer also offers a soap containing 5% water by weight.
Let's calculate the maximum price per kg for the soap containing 5% water. We'll denote this price as ₹x.
In 1 kg of soap containing 30% water, the cost of water is 0.3 kg × ₹14 = ₹4.20. The weight of soap in 1 kg of soap containing 30% water is 1 - 0.3 = 0.7 kg.
The cost of 0.95 kg of soap is 0.95 kg × ₹x = ₹0.95x.
Additionally, considering the freight rate of ₹1.40 per 10 kg, the total cost of 1 kg of soap containing 5% water is ₹0.70 + ₹0.95x + ₹1.40 × (10/100) = ₹0.70 + ₹0.95x + ₹0.14 = ₹0.84 + ₹0.95x.
Since the laundry cannot pay more than the price of soap containing 30% water (₹14), we set up the inequality ₹0.84 + ₹0.95x ≤ ₹14.
Solving this inequality, we find x ≤ ₹18.38.
Therefore, the maximum price that the laundry can pay the manufacturer for the soap containing 5% water is ₹18.38 per kg.
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yellow co. received a large worker's compensation claim of $90,000 in the third quarter for an injury occurring in the third quarter. how should yellow account for the transaction in its interim financial report?
Yellow account for the transaction in its interim financial report $90,000 in the third quarter
What is GAAP?The U.S. Securities and Exchange Commission adopted the accounting standard known as Generally Accepted Accounting Principles, and businesses with U.S. locations often employ it by default. Generally Accepted Accounting Principles (GAAP or US GAAP) is a group of widely used standards and accounting regulations for financial reporting.GAAP aims to harmonize the categorizations, presumptions, and accounting practices utilized throughout US businesses. The information on an organization's finances is meant to be comprehensible, reliable, and comparative. Objectivity, materiality, consistency, and prudence are the four fundamental limitations imposed by GAAP. Aspects of objectivity include things like the independence of the auditor and the verifiability of the data. The FASB has established a set of accounting standards known as GAAP, which U.S. businesses must adhere to when creating financial statements. The goal of GAAP is to make financial information more understandable, reliable, and comparable.To learn more about GAAP refer to:
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Last week pauline worked 35 hours and made $280 how much money did pauline make per hour
Pauline earns $8 per hour for his work.
What is a paycheck?A wage or salary check made out to an employee by the employer, or a wage or income for employment.
Given=
Pauline worked=35 hours
Pauline earned=$280 in total
so he earns per hour=$280/35 hrs
=$8 per hour.
Therefore, he earns $8 per hour.
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When globalization allows firm in development nations to manufacture their goods overseas in less developed countries, what typically happens? What does not?
Globalization is better for organization as it opens more opportunities, and helps in reduction of costs.
What is Globalization?Globalization is open trade that can take place around the world, the current technologies have enabled the organizations to have products from around the World.
Globalization can help organizations enjoy economies of scale. This will reduce the cost of goods sold expense for the organization and will ultimately effect positively on the profits.
While the globalization can encourage child labor, which is unethical and this is usually practiced to provide goods at a cheaper rate, as the labor cost is low for the child labor.
In this technological era the organizations have far better choices available to purchase thee goods from, the technology have enabled purchases from far countries although transit cost is a barrier, but if an organization manages the transit cost it can benefit lower cost of goods.
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