chain stores can compete with local retailers even when local stores sell superior products. why is this?

Answer:

Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it.

Or

No, there is not an error.

Yes, there is an error because lowering the co-payment on an insurance policy would raise the premium instead of lowering it, is the statement that has the error. Hence, option C is correct.

An insurance policy is a contract between the insurance establishment and the individual, business, or other entity being covered. You may ensure that your policy meets your statuses and that you and the insurance company are both aware of your trustworthinesses in the case of a loss by cautiously reviewing your policy.

Every insurance policy is divided into five sections: declarations, insuring agreements, definitions, situations, and conditions. A popular sixth section of policy is indorsements. Refer to these slices as you review the policies.

But most financial experts suggest that everyone purchase life, health, auto, and long-term disability insurance.

Thus, option C is correct.

For more information about insurance policy, click here:

https://brainly.com/question/17479291

#SPJ5

Answer:

c

i could not see the ful image until now srry

pls give brainliest i need for new rank

Explanation:

The advantage that the social learning aspect of studying management offers is: being able to learn from others' mistakes so as not to repeat them. Hence option D) is correct.

The advantage that the social learning aspect of studying management offers is: being able to learn from others' mistakes so as not to repeat them. Studying management with a focus on social learning allows individuals to observe and analyze real-world managerial situations, including both successes and failures.

By examining case studies, analyzing organizational behavior, and studying the experiences of managers in different industries, aspiring managers can gain valuable insights into the challenges and pitfalls they may encounter in their own careers.

Understanding the mistakes made by others provides an opportunity to learn from those errors and make more informed decisions. It helps individuals develop a deeper understanding of effective management practices, problem-solving techniques, and decision-making strategies. By learning from the experiences of others, individuals can avoid repeating the same mistakes and improve their own managerial skills and effectiveness.

Overall, the social learning aspect of studying management offers the advantage of leveraging the wisdom and experiences of others to enhance one's own managerial capabilities and avoid costly errors in the future. Therefore option D) is correct.

For more question on management

https://brainly.com/question/1276995

#SPJ8

Answer:

Explanation:

depreciation

When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.

Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.

In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.

Thus, the ideal selection is option B.

Learn more about deprecating a product here:

https://brainly.com/question/4591900

#SPJ2

Answer:

Minimum wage is important because it dictates the lowest hourly wage that a worker much be given. If it was removed, corporations may be able to give workers lower than what minimum wage would have been. Corporations also may outright refuse to pay the workers what they want leaving them jobless.

Hope that helps

The mining firm's share price is expected to fall by approximately 12% when the Australian equity market opens this morning.

Based on the information provided, we can calculate the expected decrease in the mining firm's share price by considering its leverage ratios and the change in the gold price.

The gold price fell by 6%, and it is assumed that the mining firm's market value of assets would also decrease by the same proportion.

The debt-to-assets ratio of 2/3 implies that 2/3 of the firm's assets are financed by debt. Therefore, the decrease in the firm's market value of assets would result in a 2/3 decrease in debt, which is approximately 4%.

The assets-to-equity ratio of 3 indicates that for every dollar of equity, the firm has $3 of assets. Consequently, the 6% decrease in the market value of assets would lead to a 2% decrease in equity.

The debt-to-equity ratio of 2 implies that the firm's debt is twice its equity. Thus, the 2% decrease in equity would result in a 4% decrease in debt.

Considering the impacts of leverage ratios, the expected decrease in the mining firm's share price is the sum of the decreases in debt, equity, and debt again, which amounts to approximately 10%.

However, none of the options provided (a, b, c, d, e) match the expected percentage. Therefore, the correct answer is not among the options given but near to option d. which is 12%.

Learn more about share price

brainly.com/question/31793966

#SPJ11

Under the SEC rules, a one-year "cooling off" period applies to scenario C.) A client wants to hire its firm's lead audit partner to take over as CFO. This cooling off period is required to maintain independence and prevent conflicts of interest between the auditor and the client company.

What guidelines does the SEC have?

Anyone attempting to acquire more than 5% of a company's securities by direct purchase or tender offer is required by the Securities Exchange Act to disclose pertinent information. Such a proposal is frequently made in an effort to take over the business.

What is the purpose of a securities exchange?

An exchange where stockbrokers and traders can purchase and sell assets, such as shares of stock, bonds, and other financial instruments, is known as a stock exchange, securities exchange, or bourse.

What does "finance" mean exactly?

Generally speaking, the term "finance" relates to concerns such as the creation, administration, and study of money and assets. Using projected income flows to finance current initiatives entails the use of credit, debt, securities, and investment.

To know more about finance:

https://brainly.com/question/28320505

#SPJ11

The conversation with the C-Suite staff regarding the compensation structure and cost-saving measures would focus on aligning hiring decisions with specific skills, analyzing pay in accordance with available finances, and ensuring proper compensation for experience, skills, and wisdom.

In the conversation with the C-Suite staff, I would emphasize the importance of hiring for specific skills that align with the position requirements. By focusing on skill-based hiring, we can ensure that we have the right talent in place to drive the organization's success.

I would then discuss the need to analyze pay in accordance with the organization's financial resources. This would involve understanding the budget available for each position and finding the balance between attracting top talent and managing costs effectively.

To gain their support and ensure everyone is onboard, I would emphasize the importance of properly compensating employees based on their experience, skills, and wisdom. By rewarding employees fairly from the beginning, we can attract and retain top talent while fostering a culture of fairness and motivation.

Additionally, I would highlight the potential cost-saving opportunities in the compensation structure, such as exploring alternative benefits or performance-based incentives, to optimize resource allocation and maximize the return on investment.

Learn more about cost-saving here:

https://brainly.com/question/31276411

#SPJ11

Answer:

Pay it all off and save up money

Explanation:

Answer:

i would donate some of the money to a charity

Explanation:

This task involves recording and analyzing various transactions for Hillary Jacobs' Wellness Center during March. It includes preparing journal entries, posting them to the general ledger using T-accounts, making adjusting entries, and creating financial statements such as an adjusted trial balance, income statement, statement of retained earnings, and balance sheet. Finally, closing entries are made, followed by the preparation of a post-closing trial balance.

Hillary Jacobs' Wellness Center had several transactions during March. To record these transactions, journal entries need to be prepared. For example, the expiration of one month's rent would require a debit to Rent Expense and a credit to Prepaid Rent. Similarly, the inventory of supplies still on hand would require an adjustment, debiting Supplies Expense and crediting Supplies. The estimated useful life of office furniture over 10 years would require an adjustment to allocate depreciation expense. Unearned Revenue earned by March 31 needs to be recognized, debiting Unearned Revenue and crediting Service Revenue. The telephone bill for March received in April would require an adjustment, debiting Telephone Expense and crediting Accrued Expenses. Finally, counseling services provided to a client on March 31 and invoiced on April 2 would require an adjustment, debiting Accounts Receivable and crediting Service Revenue.

After making these adjusting entries and posting them to the T-accounts, an adjusted trial balance can be prepared. This adjusted trial balance is used to create financial statements such as the income statement, statement of retained earnings, and balance sheet. The income statement shows the revenue and expenses incurred during the period, while the statement of retained earnings demonstrates the changes in retained earnings. The balance sheet provides a snapshot of the company's financial position, listing assets, liabilities, and equity.

To close the temporary accounts and prepare for the next accounting period, closing entries are made. These entries transfer the balances of revenue and expense accounts to the income summary account and then to the retained earnings account. Once the closing entries are posted to the T-accounts, a post-closing trial balance can be prepared to ensure the books are in balance.

Please note that as an AI language model, I cannot perform actual accounting tasks or access financial information. The information provided is a general overview of the steps and concepts involved in this task.

Learn more about revenue here: https://brainly.com/question/17073739

#SPJ11

\( \pink{\boxed{{\colorbox{white}{Answer}}}} \)

Insurance is an important aspect of risk management in business. Insurance is related to successful financial management because when a business is insured, it can weather times of loss and unforeseen occurrences without losing its strength. Insurance is important because it helps businesses to mitigate loss.

Learn more here:

https://brainly.com/question/13769098

\( \pink{\boxed{{\colorbox{white}{ - \:MsTiyana}}}} \)

If a bank holds $450,000 in required reserves and $2.50 million in total deposits, then the deposit expansion multiplier is 5.56.

Deposit expansion multiplier is the amount by which the money supply is increased by each $1 of new reserves. The deposit expansion multiplier for a bank is the amount by which its total deposits can be expanded for every dollar of reserves held in reserve. This multiplier is determined by the reserve ratio. The reserve ratio is the percentage of deposits that banks must hold in reserve.

The deposit expansion multiplier can be calculated using the formula:

Deposit expansion multiplier = 1 / Reserve requirement ratio

Given that the required reserves are $450,000 and the total deposits are $2.50 million, we can determine the reserve requirement ratio as:

Reserve requirement ratio = Required reserves / Total deposits

Reserve requirement ratio = $450,000 / $2,500,000 = 0.18

Now, we can calculate the deposit expansion multiplier:

Deposit expansion multiplier = 1 / 0.18 ≈ 5.56

Therefore, the deposit expansion multiplier in this scenario is approximately 5.56.

To learn more about deposit expansion multiplier: https://brainly.com/question/29673441

#SPJ11

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report This report is based on  sessions.You can adjust the sampling.

Explanation:

hope this helps

Answer:

The consumers will pay more.

Explanation:

Should the production cost increase, the price of  Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.

Using FIFO periodic system, the ending inventory for January is 5,000 units with a cost of $30,000 and the cost of goods sold is $75,000.

Using the FIFO (first-in, first-out) method, we assume that the units sold and the units remaining in inventory come from the most recent purchases first.

To calculate the ending inventory:

Units on hand at the beginning of the month: 9,000

Units purchased on January 10: 6,000

Units purchased on January 18: 4,000 (because we only need to use 10,000 units total)

Total units available for sale: 19,000

Total units sold: 14,000

Ending inventory: 19,000 - 14,000 = 5,000 units

To calculate the cost of goods sold:

Cost of 5,000 units from January 18 purchase: 5,000 x $6 = $30,000

Cost of 9,000 units from January 10 purchase: 9,000 x $5 = $45,000

Total cost of goods sold: $30,000 + $45,000 = $75,000

To know more about ending inventory refer to-

https://brainly.com/question/25947903

#SPJ11

Answer:

  profit equal zero defines the break-even point

Explanation:

By definition, the break-even point is the point where profit is equal to zero. The significance is that zero profit defines the break-even point.

Answer:

Hi there!

For accounting treatment , accounts are broadly classified into three types as personal account , real account and nominal account or fictitious account. They are as follows:

The account which is related with a person or organization ( entity ), is termed as personal account. Here person means natural persons like Anna , Olivia , James etc and organization represents the artificial persons created by law. The rule for debit and credit for personal accounts is ;

Debit : The receiver

Credit : The giver

The account which is related with assets or property is known as real account. Land and building , plant and machinery, and furniture and fixtures are the examples of the real account. Properties or assets are either incoming or outgoing from the organization. The rule for real account is ;

Debit : What comes in

Credit : What goes out

The account which is related to expenses or loss and income or gain is known as nominal account. Rent , wages , salary , discount , interest and commission are the examples of nominal account. The rule of nominal account is;

Debit : the expenses or losses

Credit : the income or gains

Hope this helps..

Best regards!!

Explanation:

3 Different types of accounts in accounting are Real, Personal, and Nominal Account. Real account is then classified into two subcategories – Intangible real account, Tangible real account. Also, three different sub-types of Personal account are Natural, Representative, and Artificial.

PERSONAL ACCOUNT:

These accounts types are related to persons. These persons may be natural persons like Tom’s account, Sam’s account, etc.

These persons can also be artificial persons like partnership firms, companies, bodies corporate, an association of persons, etc.

There can be personal representative accounts as well.

Rule for this Account

REAL ACCOUNT:

These account types are related to assets or properties. They are further classified as Tangible real account and Intangible real accounts.

1.Tangible Real Accounts

These include assets that have a physical existence and can be touched. For example – Building A/c, cash A/c, stationery A/c, inventory A/c, etc.

2.Intangible Real Accounts

These assets do not have any physical existence and cannot be touched. However, these can be measured in terms of money and have value. For Example  – Goodwill, Patent, Copyright, Trademark, etc.

Real Account Rules

NOMINAL ACCOUNT:

These accounts types are related to income or gains and expenses or losses. For example: – Rent A/c, commission received A/c, salary A/c, wages A/c, conveyance A/c, etc.

Rules

There are some other accounts in accounting as well:

Cash Account – This account is used for keeping the records of payments done by cash, withdrawals, and deposits.

Income Account – The Purpose of this account is to keep the record of the income sources of business.

Expense Account – This account tracks the expenditure of the business.

Liabilities – If there is any debt or loan then that amount comes under liabilities.

Equities –  If there is an investment of the account owner or common stocks, retained earnings then these will fall under equities.

Answer:

Someone who manages a companies finances/money.

Explanation:

The journal entries to record the development costs for the software program in 2021 and 2022 are as follows:

In 2021:

Debit: Development Costs (asset account) - $2,200,000

Credit: Cash - $2,200,000

In 2022:

Debit: Development Costs (asset account) - $1,200,000

Credit: Cash - $1,200,000

The development costs for the software program are recorded as an asset on the balance sheet until the program is available for release. Once the technological feasibility is established, the costs can be capitalized and recorded as an intangible asset.

In 2021, from September 30 to December 31, Athens Software incurs development costs of $2,200,000. To record this expense, we debit the Development Costs asset account and credit the Cash account for the same amount, indicating the cash outflow.

In 2022, from January 1 to February 28, Athens incurs additional development costs of $800,000, and from March 1 to April 30, incurs $400,000. However, since technological feasibility was established on February 28 and the software was available for release on April 30, only the costs incurred after February 28, totaling $1,200,000, can be capitalized. Similar to the previous entry, we debit the Development Costs asset account and credit the Cash account for $1,200,000.

It's important to note that no revenue is recorded in the journal entries for development costs. Revenue recognition occurs separately and is based on the company's estimates of total revenues from the software program over its useful life.

Learn more about  Development Costs here:

https://brainly.com/question/29341102

#SPJ11

To record estimated warranty costs (December 31, 2022):

 Warranty Expense                   150,000

      Estimated Warranty Liability        150,000

a. Using the expense warranty approach (accrual method) for 2022:

  Accounts Receivable            1,500,000

      Sales Revenue                      1,500,000

  Warranty Expense                    150,000

      Estimated Warranty Liability        150,000

In 2023:

  Estimated Warranty Liability        90,000

      Warranty Expense                      90,000

  Estimated Warranty Liability        110,000

      Warranty Expense                      110,000

b. Using the cash basis method, the Warranty Expense balance for 2022 would be zero since no cash outflows occurred in that year. In 2023, the Warranty Expense balance would be $21,000 ($10,500 for parts + $11,500 for labor), reflecting the actual cash payments made.

The cash basis method may not be appropriate for warranty expense recognition because it fails to match expenses with the revenue they relate to. Warranty expenses should be recognized in the same period as the sale of the products that are covered by the warranty.

The accrual method better aligns expenses with revenue recognition, providing a more accurate representation of the company's financial performance.

c. The transactions in part a create an estimated warranty liability under current liabilities in the 2023 statement of financial position. This liability represents the amount the company expects to pay for warranty claims related to the computers sold in 2022.

The balance of the estimated warranty liability will be reduced as actual warranty costs are incurred and recognized in subsequent periods.

Learn more about Warranty Expense      

brainly.com/question/31360856

#SPJ11

T/F. A company is worse off by paying cash dividends because it must record a loss for this transaction in its income statement.

The statement is false, retained earnings and accumulated other comprehensive income (AOCI) cannot be found in the contributed capital section of stockholders' equity.

Contributed capital represents the funds that a company has raised from investors in exchange for ownership shares. It includes common stock, preferred stock, and additional paid-in capital. Retained earnings, on the other hand, represent the portion of a company's profits that have been retained and reinvested in the business, rather than distributed to shareholders as dividends. Retained earnings are reported in the retained earnings section of stockholders' equity. AOCI, meanwhile, represents unrealized gains and losses on certain types of investments and other items that are not included in net income. AOCI is also reported in the stockholders' equity section of the balance sheet, but it is not included in contributed capital.

Learn more about retained earnings here:

https://brainly.com/question/14529006

#SPJ11

Yes, if Pay-Mor controls the day-to-day operations of Randy's franchise to a significant degree, it may be liable for tortious acts committed by Sam, Randy's employee.

As a franchisor, Pay-Mor may have certain legal responsibilities and potential liabilities for the actions of its franchisees and their employees. Whether Pay-Mor can be held liable for tortious acts by Sam, Randy's employee, depends on the level of control and involvement Pay-Mor has in the day-to-day operations of the franchise.

If Pay-Mor exercises significant control over the operations, including policies, procedures, employee training, and quality control, it could be deemed to have a level of control that makes it responsible for the actions of franchisees and their employees. This concept is known as vicarious liability or agency liability.

Under the legal doctrine of respondeat superior, an employer or franchisor can be held responsible for the wrongful actions committed by its employees or franchisees in the course of their employment or franchise relationship. This doctrine applies when the employee or franchisee is acting within the scope of their employment or franchise duties.

However, the extent of control required to establish liability can vary depending on the specific circumstances and jurisdiction. Courts will examine factors such as the level of control exercised by the franchisor, the extent of control over day-to-day operations, the degree of supervision, and the overall relationship between the franchisor and franchisee.

If Pay-Mor exercises significant control over Randy's franchise and has the ability to direct and supervise the actions of Randy and his employees, there is a higher likelihood that Pay-Mor could be held liable for tortious acts committed by Sam. It is important for franchisors to establish clear guidelines, policies, and training programs to minimize the risk of such liability and ensure that franchisees and their employees act in accordance with applicable laws and regulations.


To learn more about franchise click here: brainly.com/question/14470433

#SPJ11

Answer: a business spends money on new computers, so it can’t afford de office furniture

Explanation:

A company can't afford office furniture because it's spending money on new computers. As computers are more important than the furniture for working.

opportunity cost is the choosing the best alternative use of that resources, as per the economist. It is also the profit suffered when one alternative is chosen over another.

Example of opportunity cost is the if a person has spent the time and money in purchasing the gadgets, then he is not able to purchase the books.

Thus, A company can't afford office furniture because it's spending money on new computers.

For more details about opportunity cost, click here:

https://brainly.com/question/13036997

#SPJ2

Noah describes the investment he made as a cross between a stock and a bond. It offers a high rate of return but is more stable than typical stocks. This kind of investment is called a preferred stock. The correct option is c.

Preferred stocks are sometimes called hybrid securities. Preferred stocks are equity securities that share many characteristics with debt instruments. Preferred stock is attractive as it offers higher fixed-income payments than bonds with a lower investment per share. Preferred stock often has a callable feature that allows the issuing corporation to forcibly cancel the outstanding shares for cash.

Corporations that receive dividends on preferred stock can deduct 50% to 65% of the income from their corporate taxes.

Learn more about stocks, here:

https://brainly.com/question/14258061

#SPJ1

Answer:

Personnel administration.

Personnel recruitment and selection.

Compensation and incentive management.

Development of a positive work climate.

Employee performance evaluation.

Staff training and development.

Labour relations.

Occupational health and safety.

Explanation:

The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.

Answer:

oh yeahh

Explanation:

If the variable cost is 60% of the selling price of $15.00 per unit, the breakeven level of output is 7500 units.

From the question above, fixed cost of production for a commodity is $45,000 and the variable cost is 60% of the selling price of $15.00 per unit. We have to find the breakeven level of output.

Breakeven point: Breakeven point refers to the level of output where the total cost of production equals the total revenue, and there is no profit or loss.

Let's calculate the variable cost:

Variable cost = 60% of $15.00 per unit = (60/100) * 15 = $9.00 per unit

Now, we can use the formula to calculate the breakeven level of output:

Breakeven point = Fixed Cost / (Selling Price - Variable Cost)

Substituting the values, we have;

Breakeven point = 45,000 / (15 - 9)

Breakeven point = 45,000 / 6

Breakeven point = 7500 units

Therefore, the breakeven level of output is 7500 units.

Learn more about breakeven point at

https://brainly.com/question/31980821

#SPJ11

A business can sue or be sued in court if it has been wronged by another party.

Product market businesses create and sell products to consumers, such as a retail store. Resource market businesses provide services to other businesses in order to help them run their business, such as accounting or web design.

The three main types of businesses are sole proprietorship, partnership, and corporation. A sole proprietorship is owned by one individual, while a partnership is owned by two or more people. A corporation is a separate legal entity owned by shareholders.

Each of these businesses types can incur debts, own assets, acquire resources, and can sue or be sued in court. Incurring debt involves borrowing money from a lender to finance operations and growth. Owning assets includes tangible items such as property, vehicles, and equipment. Acquiring resources refers to acquiring labor, materials, and supplies in order to produce goods and services. A business can sue or be sued in court if it has been wronged by another party.

Learn more about business  here:

https://brainly.com/question/15826604

#SPJ4

Create a business plan is not part of the strategic human resource management process.

The practice of managing people for improved performance is known as human resource management, or HRM. The process of hiring, selecting, and onboarding employees, giving orientation, imparting training and development, evaluating employee performance, deciding compensation and providing benefits, inspiring employees, maintaining proper relations with employees and their trade unions, and ensuring employees' safety, welfare, and health measures in compliance with local labor laws are all parts of human resource management.

Effective HRM is thought to be based on the following pillars: recruitment and selection, performance management, learning and development, succession planning, compensation and benefits, HR information systems, and HR data and analytics. It entails maximizing business performance through improved human resource management.

To learn more about human resource management, visit:

https://brainly.com/question/23428372

#SPJ1

Answer:

Option D is correct

Activity rate for the Labor-Related activity cost pool= $28.08 per DLH

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.

Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.  

Activity rate per driver is calculated as:  

Activity overhead for the period / Total cost drivers for the period

Activity rate for the Labor-Related activity cost pool

= Labour related overheads/Total labour hours

=  $ 337,018 /12,000 labour hours

= $28.08 per Direct labour hour

Activity rate for the Labor-Related activity cost pool= $28.08 per DLH