Complete Part 2 of the assignment by discussing three of your workplace weaknesses and ways to improve each.

Please help

Answer:

the answer is A

Explanation:

Answer: D. All unfavorable variances are debited.

Explanation:

When recording variances in a standard cost system, all unfavorable variances are debited.

The reason for this is that it should be noted that the unfavorable variances simply means that there's excess production costs, and hence this will bring about reduction in the operating income. Hence, all unfavorable variances are debited.

Therefore, the correct option is D.

Answer:

D)Guilt

Explanation:

Commercial lenders consider the ability to repay, collateral offered, credit score, loan purposes, business plan, among other things before advancing credit to an individual or firm. Lenders have formal requirements to be met for a loan to be issued. As for family, there are no set requirements or criteria for lending amongst members.

Family members may lender based on various reasons. From the list provided, guilt could be a base for lending. A family member may feel bad when they turn down a request from a fellow member. To avoid that guilt feeling, a family member will lend out money to another member.

Depreciation Expense 3,060

Accumulated Depreciation 3,060

72,200-3,400=68,800/8yr=8,600*4yrs=34,400-72,200=37,800

37,800-7,200=30,600/10yr=3,060 annual depreciation

72,200-3,400=68,800/8yr

=8,600*4yrs

=34,400-72,200=37,800

37,800-7,200=30,600/10yr

=3,060 annual depreciation

Therefore, the Depreciation Expense of 3,060.

Depreciation is a term used in accounting to describe two different aspects of the same idea: first, the actual decline in an asset's fair value as it is used and worn, such as the annual decline in value of factory equipment, and second, the allocation in accounting statements of the asset's original cost to the periods in which the asset is used (depreciation with the matching principle).

Depreciation is the process of reallocating, or "writing down," the cost of a physical item (such as equipment) over the course of that asset's useful life. It also refers to the decline in asset value. Long-term assets are depreciated by businesses for accounting and tax reasons. A company's or entity's balance sheet is impacted by the asset's decline in value, and the income statement they report is impacted by the process of depreciation from an accounting standpoint.

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Answer:

The correct answer is: cost leadership

Explanation:

According to Porter, every company has a strategy, whether planned or unplanned, being directly influenced by the environment in which it operates and by the industries and competitive sector. For him, companies should use the generic strategies mentioned by him so that they can survive the five competitive forces of the industry. Porter's generic strategies are: cost leadership, differentiation and focus.

The most appropriate generic strategy for the above question is cost leadership, whose central objective is to achieve total leadership in a given sector, using appropriate policies and procedures for that purpose.

The objective is achieved when a company develops a quality structure that brings together efficient equipment, qualification of personnel and control of expenses in order to maintain a low cost that generates greater returns for the company than those of its competitors.

Answer:

Mass eviction, war, extreme poverty, a lack of access to education and work prospects, violence, and destructive societal norms such as child marriage are all elements that drive people into trafficking situations.

Explanation:

The Profit margin for year 2 will be 5.4%.

The turnover for year 2 is 2 times.

a)Profit marginfor year 2 = (Operating income/Sales*100) = $58320 / 1080000

= 5.4%

b)Turnover for year 2 = Sales / Operating assets = $1080000 / 540000 = 2times

C) ROI f = 5.4%*2 = 10.8%

d.1) ROI = $64800/$540000=12%

d.2) ROI = $60480/$540000=11.2%

d.3) ROI = $58320/$432000=13.5%

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Costco is the world's third-largest retailer, trailing only Walmart and Amazon. However, there is something very unusual about the retail behemoth. When compared to other retail stores, Costco makes significantly less money per product sold.

The business that I believe has the most successful approach to retailing and supply chain management is Costco.

Employees at Costco enjoy a diverse and inclusive work environment. Considered the company's "most important asset," it is well-known that Costco pays significantly higher wages than its competitors and even provides benefits to its employees.

Costco also emphasizes the importance of internal promotions, with more than 90% of its managers worldwide (70% of U.S. warehouse managers) and executives beginning as hourly cart pushers or inventory stock workers.

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put interruptions on hold and take care of emergencies. priority is challenging but it's worth the work

Answer:

Emergency

Explanation:

Emergency is more important that an interruption.Emergency are more life or death.An interruption is small and yes a bit agervating at time but are less import than a life or death emergency.

Answer:

36

Explanation:

Adam Smith explained that the purpose of Government was to facilitate the market and, therefore, it should have a very B) limited role in an efficient market system.

Adam Smith was one of the first philosophers of his time to declare that wealth is created through efficient hard work and that self-interest motivates humans to put their sources to great use. He argued that earnings flowed from capital investments and that capital received was directed to in which the most profit may be made.

Smith believed that monetary improvement turned into first-class fostered in surroundings of free opposition that operated in accordance with well-known “natural laws.” because Smith's turned into the most systematic and complete take look at economics up till that point, his monetary thinking became the idea for classical economics.

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Answer and Explanation:

The journal entries are given below:

On May 4

Account  payable $610

        To cash $610

(To record the cash paid)

On May 7

Account  receivable $6,840  

       To service revenue $6,840

(To record the service on account)

On May 8

Supplies $870    

      To Account payable $870  

(To record supplies purchased on account)

On May 9

Equipment $1,930  

        To cash $1,930

(To record the equipment purchase)

On May 17

Salary expense $700

         To cash $700

(To record the salaries expense)  

On May 22

Repair expense $800  

        To Account payable $800

(To record the received bill for repairing of an equipment)

On May 29

Prepaid rent $1,280

         To cash  $1,280

(To record the cash paid)

Answer:

normative statement: conclusions based on value judgments that cannot be tested

positive statement: conclusions based on logic and evidence that can be tested.

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Employers should not be restricted from outsourcing work to foreign nations.

The  proposition are two economists chosen at random most likely to agree:  Employers should not be restricted from outsourcing work to foreign nations.

Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.

Note that  Outsourcing is seen as the a business practice where a firm  hires a third-party to carry out  functions  and as such, Employers should not be restricted from outsourcing work to foreign nations. The  proposition are two economists chosen at random most likely to agree:  Employers should not be restricted from outsourcing work to foreign nations.

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Answer:

Environmental management can make firms more effective in many ways

Explanation:

Explanation:

\(-5/12 - (-9/3)\)

Answer:

The statement "You should give your guest the simplest route, not the quickest, because you don't want them to get lost along the way." is not true. It is usually best to give the quickest route to the destination, as long as it is not too complicated or confusing. It is important to provide clear and concise directions to help the guest arrive at their destination efficiently and without getting lost. However, if the quickest route is very complicated or difficult to follow, it may be more helpful to provide a simpler route that is easier for the guest to understand and follow. Asking the guest to repeat the directions back to you can also be a helpful way to ensure that they have understood the directions properly.

Explanation:

A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.

The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.

A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.

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Answer:

Explanation:

Two challenges commonly experienced by the tertiary sector include technological disruption and increasing customer expectations.

TECHNOLOGICAL DISRUPTION: The rapid advancement of technology has significantly impacted the tertiary sector. Automation, artificial intelligence, and digitalization have led to the emergence of new business models and processes, disrupting traditional service industries. Tertiary sector businesses must adapt to these changes by integrating technology into their operations, upskilling their workforce, and redefining their service offerings to remain competitive.

INCREASING CUSTOMER EXPECTATIONS: In today's digital age, customers have higher expectations when it comes to service quality, convenience, and personalization. They demand seamless online experiences, instant responses, and customized solutions. Meeting these expectations requires tertiary sector organizations to invest in customer relationship management systems, improve their digital presence, and provide personalized and efficient services.

Planning is figuring out what you will do and when. If you plan to play video games instead of doing homework, then tomorrow at school you will get in trouble. If you plan on dropping out of high school, later in life you will not be able to get as many jobs.

Answer: Decision making is the core of planning. Unless a decision has been made, a plan cannot be implemented in the field. ... Decisions can be made without planning but planning cannot be done without making decisions. Planning can be defined as the process of selecting a future course of action.\

Answer:

Marketing is just as important for non-profits as it is for businesses, but the target audience is potential contributors and volunteers, not consumers, and the problem is persuading them to provide money without expecting anything in return.

Explanation:

Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.

There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.

Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.

Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.

Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.

Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.

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Outsourcing is described as the practice in business through which a third-party company is hired to perform specific services or functions. Companies outsource because they want to reduce their operation costs.

What does the word outsource mean?

The word outsource means to receive or get any service or product from another source or any outside source.

Outsourcing is an effective practice followed by companies around the world to reduce their costs of operation. Companies look to third-party companies that have the expertise to carry out jobs and tasks in specific fields. This allows the company to use another party to complete its work. This process effectively reduces work burden and tasks can be performed effectively and in less time.

It can be concluded that outsourcing is described as the practice in business through which a third-party company is hired to perform specific services or functions. Companies outsource because they want to reduce their operation costs.

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Answer:

Vick Vickers

Vickers accounts for the cash received at the end of the engagement by debiting Cash account and crediting Consulting Fees (Revenue).

Explanation:

Then the fees received upfront, which were earlier credited to the Deferred Service Revenue account, are then closed by a debit to the Deferred Service Revenue and a credit to the Consulting Fees (Revenue) account.  This is in line with the double-entry system of financial accounting and the new Revenue from Contracts with Customers, IFRS 15 or the ASC 606 equivalent.

Stock Market the Tokyo Stock Exchange (Japan), the Shanghai Stock Exchange (China), and the London Stock Exchange are among the other significant exchanges in the world (England).

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Answer:

$25,550

Explanation:

For computing the net investment first we have to find out the loss or gain on sale of old equipment which is shown below:

Sale value = $61,200

Less: Book value of old equipment = $60,200

Gain = $1000

Now

Tax on gain is

= $1,000 × 25%

= $250

So, the net gain is

= $1,000 - $250

= $750

Now the net investment is

= Cost of new equipment - sale value pre tax + net gain

= $86,000 - $61,200 + $750

= $25,550

Answer:

Net Investment = $25,550

Explanation:

Given:

Sale value (old equipment) = $61,200

Book value of old equipment = $60,200

New equipment cost = $86,000

Effective tax rate = 25%

Computation

Gain on sale = $61,200 - $60,200

Gain on sale = $1,000

Amount of tax on gain = $1000 × 25%

Amount of tax on gain = $250

Net Gain = Gain on sale - Amount of tax on gain

Net Gain = $750

Net Investment = Cost of new equipment - (Sale value - Net Gain)

Net Investment = $86,200 - (61,200 - 750)

Net Investment = $25,550

Claudius pays a monthly payment of $55.07 in total.

Computation:

Given,

Total principal= $4,850

Interest rate=6.5%

Since the interest is compounded monthly, the interest rate to be employed in the calculation will be the effective interest rate.

Effective Interest Rate = Interest Rate/12

=6.50%/12

= 0.54%

Time = 10 years, however the actual time it takes for interest to compound monthly is 120 years.

The PMT Excel Formula or an online financial calculator will be used to calculate the monthly payment, and the components will be referred to as follows:

I/Y=0.54%

N=120

PV=$4,850

FV =$0

The graphic that is linked below displays the computation.

Consequently, $55.02 is the monthly amount.

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In this career assessment, the I consider five professions that I can envision myself pursuing, mainly in the fields of business and law. In this response, I will explain the reasons behind his career choices.

1. Business Development Manager:

A career as a business development manager appeals to me because of its dynamic and versatile nature. Pursuing an MBA with a focus on strategy and marketing will give you a comprehensive understanding of market dynamics, financial analysis and effective leadership. Gaining experience in sales and project management will improve your ability to drive revenue growth and navigate complex business environments.

2. Human Resources Manager:

I have a strong interest in human resources (HR) due to its vital role in fostering a positive work environment and supporting employee well-being. My KSAs for this role include exceptional interpersonal and communication skills, a deep understanding of employment laws and regulations, and the ability to handle sensitive employee issues with confidentiality and professionalism.

3. Intellectual Property Lawyer:

The intersection of law and innovation has always fascinated me, which is why I am drawn to a career as an Intellectual Property (IP) Lawyer. My KSAs for this role include strong analytical and research skills, excellent written and oral advocacy skills, and the ability to understand complex legal concepts and apply them to real-world scenarios.

4. Management Consultant:

As a problem solver with a passion for making a positive impact, a career as a Management Consultant holds great appeal. My KSAs for this role include strong critical thinking and analytical skills, effective communication and presentation abilities, and a keen understanding of business processes and organizational dynamics.

5. Corporate Lawyer:

A career as a Corporate Lawyer aligns with my interest in law, business, and complex problem-solving. My KSAs for this role include strong legal research and writing skills, attention to detail, excellent negotiation skills, and the ability to work under pressure and meet deadlines.

Summary of KSAs:

Throughout the selection of these careers, I have identified a range of knowledge, skills, and assessments (KSAs) that contribute to my suitability for each role:

1. Strong communication and negotiation skills

2. Strategic mindset

3. Interpersonal and empathy skills

4. Analytical and problem-solving abilities

5. Research and writing skills

6. Attention to detail

7. Adaptability and flexibility.

Conclusion:

Pursuing additional education such as an MBA, JD, or professional master's degree, combined with relevant experience through an internship will give you the practical knowledge and skills you need to excel in this field. Her KSA's include strong communication, strategic thinking, analytical skills and interpersonal skills.

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When shares are purchased, the Cash account is credited and the Treasury Stock account is debited. The Additional Paid-In Capital account should be credited if the proceeds are greater than the initial cost.

August 1   Treasury stock a/c..........dr                       268000

                   To Cash a/c                                                       268000

December 1  Cash a/c (2400 x 73)...................dr       175200

                       To Treasury stock a/c                                   160800  

                       To Additional paid-in capital                          14400                            

For the purchase price, the journal entry will credit cash and debit treasury stock. The journal entry is to credit treasury stock and paid-in capital from treasury stock if the corporation reissues all shares of treasury stock at a price greater than what it paid to purchase them.

The term "treasury stock," sometimes known as "treasury shares" or "reacquired stock," refers to previously issued stock that the issuing company buys back from stockholders. As a result, there are fewer shares outstanding overall on the open market.

Treasury stock is a sort of reserved stock usually used to raise capital or fund future investments. Companies might use treasury stock as a source of funding for investments or acquisitions of competitors.

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Answer:

b

Explanation: