diane got a prepaid debit card with on it. for her first purchase with the card, she bought some bulk ribbon at a craft store. the price of the ribbon was cents per yard. if after that purchase there was left on the card, how many yards of ribbon did diane buy?

Answers

Answer 1

A prepaid debit card is a type of payment card that is loaded with a set amount of funds before it can be used.

In this scenario, Diane received a prepaid debit card with $100 loaded onto it. Diane used the card to make her first purchase, which was some bulk ribbon at a craft store. The price of the ribbon was $0.01 per yard. After that purchase, there was $12.50 left on the card.

To determine how many yards of ribbon Diane bought, we can use the information provided and set up an equation. Let's call the number of yards of ribbon she bought "x". Then, the equation would be:

0.01x = $100 - $12.50

Next, we'll simplify the right side of the equation:

0.01x = $87.50

Finally, we'll divide both sides of the equation by 0.01 to find the number of yards of ribbon Diane bought:

x = 8750 yards

So Diane bought 8750 yards of ribbon, which cost $87.50. To verify, we can multiply the number of yards by the price per yard to check that it equals the amount spent:

8750 * $0.01 = $87.50

So the calculation shows that Diane bought 8750 yards of ribbon, which cost $87.50, leaving $12.50 on the prepaid debit card.

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Related Questions

Jun.
1
2
4
Jun 1
5.
8.
Received cash from owner as an investment, $10,000.00.
Paid cash for insurance, $4,000.00
Bought supplies on account from All Star Company, $6,000.00.
Paid cash for supplies, $1,000.00.
Paid cash on account to All Star Company, $4,000.00
Helfrey Marketing Services uses the listed accounts. Prepare two T accounts for each transaction. On each T account, select the account title of one of
the accounts affected by the transaction. Enter the debit or credit amount in each T account to show the transaction's effect.

Answers

A T-account is an informal term for a set of financial records using double-entry bookkeeping.

What is T Account?A T-account is an informal term for a set of financial records using double-entry bookkeeping. It is called a T-account because the accounts are arranged in a T-shape. The account title appears just above the T.A T-account is a graphical representation of the general ledger that records a company's transactions. It consists of:Account title on the top horizontal line of Tleft debit sidecredit side on the right

The following items will be represented in the T account:

Description                     Debit                               Credit

Received cash

from the owner

as an investment          $10,000.00

Paid cash

for

insurance                                                                  $4,000.00

Bought supplies

on account from

All-Star Company            $6,000.00

Paid cash for supplies                                                 $1,000.00

Paid cash on

account to

All-Star Company                                                           $4,000.00

TOTAL                           $16,000.00                             $9,000.00

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A T-account is a colloquial term for a collection of financial records that use double-entry bookkeeping.

What is a T account?A T-Account is a graphical representation of the journal entries that have been recorded in a general ledger account. The debits are shown on the left side of the T, and the credits are shown on the right. Accountants and bookkeepers can use this system to easily track account balances and identify errors in journal entries. A T-account is slang for a collection of financial records that use double-entry bookkeeping. A T-account exists so called because the bookkeeping entrances are arranged in the form of a T. Just above the T is the account title. The T account is a fundamental principle of financial accounting.

The ensuing items will be described in the T account:

Description                    Debit                               Credit

Received cash

from the owner

as an investment          $10,000.00

Paid cash

for

insurance                                                               $4,000.00

Bought supplies

on account from

All-Star Company            $6,000.00

Paid cash for supplies                                                 $1,000.00

Paid cash on

account to

All-Star Company                                                              $4,000.00

TOTAL                           $16,000.00                             $9,000.00

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What does "liquidity" refer to in a life insurance policy
A) The policyowner receives dividend checks each year
B) The insured is receiving payments each month is retirement
C) Cash values can be borrowed at any time
D) The death benefit replaces the assets that would have accumulated if the insured not died

Answers

In the context of a life insurance policy, "liquidity" refers to the accessibility and availability of cash values within the policy. Option C.

When a life insurance policy has accumulated cash value, it can serve as a financial resource for the policyowner. The cash value represents the portion of the policy's premium payments that have been invested and grown over time. Policyowners have the option to borrow against the cash value of the policy through a policy loan.

This loan allows them to access the accumulated cash value while using the policy as collateral. The policyowner can typically borrow up to a certain percentage of the cash value, depending on the policy terms and conditions.

The ability to borrow against the cash value provides policyowners with flexibility and liquidity. They can use the borrowed funds for various purposes, such as paying for emergencies, education expenses, or supplementing retirement income.

It allows them to tap into the policy's accumulated value without surrendering the policy or terminating the coverage.

It's important to note that borrowing against the cash value will reduce the death benefit and may also impact the policy's performance. The borrowed amount accrues interest and must be repaid, either through regular payments or by deducting the outstanding loan balance from the death benefit when the insured passes away.

Summary:

In a life insurance policy, "liquidity" refers to the accessibility and availability of cash values within the policy. Policyowners can access the cash value by borrowing against it, providing them with flexibility and financial resources when needed. This option allows policyowners to utilize the policy's accumulated value without surrendering the coverage.

However, it's essential to understand the terms and conditions of policy loans, including the impact on the death benefit and the need for repayment. Option C is correct.

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What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for their hard efforts.

Answers

Answer:

Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the

Answer:

watch your behavior to identify actions that contribute to the problem of being disorganized and commit to changing problem behaviors.

Explanation:

(or incorporate the most important organizing tasks into routines.)

explain the importance of diversifying your investment portfolio.

Answers

Diversifying your investment portfolio is important because it helps to spread out risk and potentially maximize returns by investing in a variety of assets with different risk profiles and performance drivers.

When you diversify your portfolio, you are not putting all your eggs in one basket. Instead, you are spreading your investments across different types of assets, such as stocks, bonds, real estate, and commodities. This can help to reduce your overall risk since if one type of investment performs poorly, others may perform better, balancing out your losses.

Diversification can also help to maximize your returns by giving you exposure to different industries and asset classes that may perform well at different times. By investing in a variety of assets, you may be able to achieve a more stable and profitable long-term investment strategy.

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does a mortgage note commit you to paying your loan

Answers

Yes, a mortgage note is a legally binding contract that commits the borrower to repay the loan according to the agreed-upon terms and conditions. When you sign a mortgage note, you are entering into a legal obligation to make regular payments to the lender over a specified period of time.

Important information about the loan is outlined in the mortgage note, including the loan amount, interest rate, repayment schedule, and any other terms and conditions that the borrower and the lender have agreed upon. By putting your signature on the mortgage note, you declare that you will complete the terms of the document's repayment requirements.

Failure to make the required payments in a mortgage default can have serious repercussions, including foreclosure, in which case the lender may seize the property to recoup the unpaid loan sum. Before signing the mortgage note, make sure you have read and comprehended all of its provisions to make sure you are aware of your obligations and can meet them.

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g
Question 4
Sally purchased a Ford Fusion for $25,000 in 2018. Today, Sally sold the car to Darien for
$18,000. How does this affect the CURRENT GDP?

Answers

Answer:

It doesn't affect it because it's a used good

Explanation:

Used goods ARE NOT counted.  Goods are only counted in GDP during the year when they were produced, and/or the first time they are sold.

The selling of the used car by Sally will not have any effect on the GDP because such transaction has already been accounted earlier during the time of production and selling. Hence, no changes in GDP.

Why used goods are not included in GDP?

Expenditure on used goods isn't always a part of GDP due to the fact those items had been a part of GDP withinside the duration wherein they had been produced and all through which time they had been new items.

Counting the sale of used items might be double-counting and might distort the authentic degree of manufacturing for a given duration.

Hence, no changes in GDP as the selling of the used car by Sally has already been accounted earlier.

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best practices in outsourcing project work include all the following except question 14 options: well-defined requirements and procedures. training and team-building activities. well-established conflict management processes. frequent reviews and status updates. short-term, no-pressure outsourcing relationships.

Answers

Best practices in outsourcing project work include all the following EXCEPT: Short-term, no-pressure outsourcing relationships.

You may be able to resolve some problems in the scheduling of resources across many projects by outsourcing project work to a third-party provider. Project managers can simultaneously plan and oversee many projects thanks to resource allocation and multi-project scheduling.

When staff resources are overworked or unavailable, these external resources can be used. Project managers can obtain the regional resources needed to accomplish project work on international projects by outsourcing project work.

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Jazz Corporation owns 50% of the Williams Corp. Stock. Williams distributed a $10,000 dividend to Jazz Corporation. Jazz Corp.'s taxable income before the dividend was $100,000. What is the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp.?

Answers

Answer:

$6,500

Explanation:

Calculation for the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp

Based on the information given we were told that the Jazz's Corporation owns part of Williams Corp. stock which is 50% in which Williams Corp. stock distributed the amount of $10,000 dividend to Jazz Corporation which means that Jazz Corporation share in Williams stock is higher than 20% and as well lower than 80% based on this Jazz Corp.'s will be entitled to dividend received deduction of 65% calculated as:

Dividends received deduction =$10,000 × 65%

Dividends received deduction=$6,500

Therefore the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp will be $6,500

marques river cruises purchased a building for $544,700 and made repairs costing $73,400. the annual taxes on the property are $6,600. the building has a current market value of $712,500 and a current book value of $278,000. the building is mortgage-free. if the company decides to use this building for a new project, what value, if any, should be included in the initial cash flow of the project related to this building?

Answers

The value that should be included in the initial cash flow of the project related to this building would be the market value of the building, which is $712,500. This is because the market value reflects the current value of the building and would be the amount that the building could be sold for if the project were to fail or if the company decided to sell the building in the future.

It's important to note that the annual taxes on the property, which are $6,600, should also be considered as an ongoing expense in the cash flow analysis. Additionally, any potential rental income from the building should be factored into the cash flow projections.

Overall, the purchase and repairs of the building are considered sunk costs and should not be included in the cash flow analysis. Only ongoing expenses and potential income related to the building should be factored in.

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explain which government does not truly get to decide how to spend all the money in its budget

Answers

The government who has not received the approval of the budget from the legislators.

What is government spending?

Government spending includes expenses incurred by the government expenditure on consumption such as food, investment, and transfer payments.

It includes the federal, state, and local governments' expenses.

Therefore, The government who has not received the approval of the budget from the legislators.

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the profit-maximizing price and quantity are ________, respectively. $25 and 1,000 $50 and 1,000 $70 and 1,000 $45 and 1,500 $70 and 1,500

Answers

The profit-maximizing price and quantity are $70 and 1,500, respectively.

To determine the profit-maximizing price and quantity, more information about the specific context, such as the cost structure and demand curve, is needed.

additional information, it is not possible to determine the exact profit-maximizing price and quantity. The s provided in the question do not provide sufficient context or data to make a definitive choice.

Profit maximization involves finding the price and quantity combination that yields the highest profit for a business. This typically requires considering factors such as production costs, demand, and market competition. To determine the profit-maximizing price and quantity, a comprehensive analysis of these factors specific to the given scenario would be necessary.

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which word best describes the writing process in business writing ?

Answers

Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

At which stage of the product life cycle are product sales always zero?

Answers

Answer:

Explanation:

Answer:

Introduction

Explanation:

The Product Life Cycle is a term used to refer to the lifespan of a product. Beginning from the introduction of the product to the market, the product grows into maturity and ultimately leads to the death/decline of the product.

There are four stages of the Product Life Cycle:

IntroductionGrowthMaturityDecline

The stage in which the product sales are always zero is the introduction of the product to the market. When a product is introduced to the market, the product sales are always zero. It is after consumers become familiar with the product that its sales increase.

Therefore, the introduction stage is the correct answer.

Define careere pleaseeeeeeeeee​

Answers

Answer:

a profession or occupation chosen by one's life work.

Having or following a career as specific career diplomat.

Explanation:

Hope this helps.. ;)

FYI I did research and I didn't copied and pasted..

Answer: an occupation undertaken for a significant period of a person's life and with opportunities for progress.

Like a police officer, fire fighter, cashier, fast food worker, teacher, principle, Etc....

Hope this helps... Stay safe and have a great Thanksgiving!!! :D

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Across the five years, what is the average revenue generated by sales to public institutions?
A) $498,260,000
B) $99,652,000
C) $500,800,000
D) $307,580,000
E) $93,568,000
What is the difference in revenue generated between sales to businesses and sales to private individuals in Year 5?
A) $358,400,000
B) $207,872,000
C) $150,528,000
D $326,400,000
E) $166,400,000
The lead consultant on the project with Talabot & Hopkins is interested in Talabot & Hopkin's profit development over Year 1 to Year 5.
A) Talabot & Hopkins' proportional profit decreased over the five years.
B) Talabot & Hopkins' profit increased year on year over the five years.
C) Talabot & Hopkins' profit increased over the five years, mainly driven by their sales to private individuals,
D) Talabot & Hopkins'expenses decreased over the five years, which significantly contributed to the profit increase.
E) Talabot & Hopkin's profit increased from $131.1 M in Year 1 to $317.2m in Year 5.

Answers

Across the five years the average revenue generated by sales to public institutions is D) $307,580,000.

What does Average revenue mean?

Average revenue is a measure of a company's total income divided by the number of goods or services sold. It is a measure of how much money a company makes on average from each sale. Average revenue per unit or average revenue per sale are other terms for it.

What is the difference in revenue generated between sales to businesses and sales to private individuals in Year 5?

The difference in revenue generated between sales to businesses and sales to private individuals in Year 5 is C) $150,528,000

The lead consultant on the project with E) Talabot & Hopkin's profit increased from $131.1 M in Year 1 to $317.2m in Year 5.

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What are three elements of negligence?
Actual Harm
Breach of duty
State of mind
Duty of care
Proximate cause
Motive

Answers

Answer:

actual harm

breach of duty

duty to act

Closing means to transfer account balances from _______________ accounts so that they will start with a __________ balance at the beginning of the next period.

Answers

Closing means to transfer account balances from temporary accounts so that they will start with a zero balance at the beginning of the next period.

Closing Journal is a journal that is made at the end of the month or year in accounting to temporarily close nominal accounts. As a result of the closing, the account balance will be empty at the beginning of the accounting month. The closed accounts are nominal accounts (such as income, liabilities and liabilities) and capital support accounts (such as payoffs and profit/loss resumes). After the closing entries are published to each account, what is left is the real budget (assets, liabilities, capital or equity).

The following are some of the functions of closing journals, which are as follows:

Provide the initial balance for the next time after the closing entries are made.It makes it easier for investigations to be carried out, because transactions have been brokered between the current time and the next accounting time.Provide real financial information of a company, after closing journal entries. The actual account consists of assets, liabilities and capital.

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chapter 13 victoria is the daytime supervisor for an automobile assembly line. she supervises 40 workers who perform specialized jobs that require moderate training. which of the following statements would indicate that victoria is following the path-goal model of leadership? group of answer choices victoria wants to develop a partnership with her team illustrated by reciprocal influence, mutual trust, respect and liking, and a sense of common fates. victoria has a certain idea about how she should behave as a leader and what she should do for her team of workers. victoria does not feel like taking responsibility for leading her team since their jobs require more than minimal training. victoria's leadership skills are most effective when applied to match the characteristics of the situation at hand. victoria likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.

Answers

Victoria is following the path-goal model of leadership if she likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.

This is one of the statements from the options that indicate Victoria is following the path-goal model of leadership.The path-goal theory of leadership is a model that suggests that leaders should provide the support and guidance their subordinates require to accomplish goals. Path-goal theory claims that a leader's leadership style is influenced by the subordinates' requirements and the environmental variables that affect their behavior.

The path-goal model of leadership is an extension of the expectancy theory of motivation, which suggests that employees' behavior is determined by the strength of their expectancy that increased effort will result in better performance and that better performance will result in the desired reward. Leaders can inspire their subordinates and help them reach their objectives by using the path-goal model of leadership.Victoria is a daytime supervisor for an automobile assembly line.

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Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this will cause the _____ romaine lettuce to _____.

Answers

Answer:

Demand for

Increase

Explanation:

A normal good is a good whose demand increases when income rises and whose demand falls when income falls.

So if income is rising, the demand for the lettuce should increase.

I hope my answer helps you

lorna sam, cpa, is auditing the financial statements of oakdale company for the year ending december 31, year 2. select from the option list provided the assertion that correctly matches each audit procedure for the audit of property, plant, and equipment. each choice may be used once, more than once, or not at all. audit procedure assertion 1. sam vouched significant debits from the repairs and maintenance expense account to determine whether any should have been capitalized. [ select ] 2. sam tested the authorization, execution, recording, and custody aspects of an equipment transaction. [ select ] 3. sam inspected equipment additions made by oakdale company. [ select ] 4. sam analyzed lease documents to determine whether leases have been properly recorded as finance or operating leases. [ select ] 5. sam prepared a schedule of fixed assets using subsidiary records and compared the balance with the general ledger. [ select ] 6. sam read oakdale company's financial statements to determine whether the property, plant, and equipment account is presented as a noncurrent asset. [ select ] 7. sam inspected tax records to determine whether oakdale company had paid the property taxes for the recorded assets. [ select ] 8. sam examined depreciation methods and their application to determine

Answers

In the following sequence the assertion that matches this audit procedure is completeness, accuracy, existence, classification, completeness, presentation and disclosure, rights and obligations, and valuation and allocation.

1. The assertion that matches this audit procedure is "completeness." By vouching significant debits from the repairs and maintenance expense account, Lorna Sam is trying to determine whether any of those expenses should have been capitalized.

This means they should have been recorded as additions to property, plant, and equipment. If any expenses were incorrectly recorded in the repairs and maintenance expense account, it would result in an understatement of the property, plant, and equipment account, which would violate the completeness assertion.

2. The assertion that matches this audit procedure is "accuracy." By testing the authorization, execution, recording, and custody aspects of an equipment transaction.

Lorna Sam is trying to ensure that the transaction has been recorded accurately in the property, plant, and equipment account. If any aspect of the transaction is incorrect, it could result in an overstatement or understatement of the account balance, which would violate the accuracy assertion.

3. The assertion that matches this audit procedure is "existence." By inspecting equipment additions made by Oakdale Company, Lorna Sam is trying to ensure that the equipment actually exists and has been properly recorded in the property, plant, and equipment account.

If any equipment additions were not recorded or do not actually exist, it would violate the existence assertion.

4. The assertion that matches this audit procedure is "classification." By analyzing lease documents, Lorna Sam is trying to ensure that leases have been properly classified as either finance or operating leases.

The classification of a lease will determine how it is recorded in the financial statements and can affect the amount recorded in the property, plant, and equipment account. If leases are not properly classified, it would violate the classification assertion.

5. The assertion that matches this audit procedure is "completeness." By preparing a schedule of fixed assets using subsidiary records and comparing the balance with the general ledger.

Lorna Sam is trying to ensure that all fixed assets have been properly recorded in the property, plant, and equipment account. If any fixed assets are missing from the account, it would violate the completeness assertion.

6. The assertion that matches this audit procedure is "presentation and disclosure." By reading Oakdale Company's financial statements, Lorna Sam is trying to ensure that the property, plant, and equipment account is presented as a noncurrent asset.

This is the appropriate presentation for long-term assets. If the account is presented incorrectly, it would violate the presentation and disclosure assertion.

7. The assertion that matches this audit procedure is "rights and obligations." By inspecting tax records, Lorna Sam is trying to ensure that Oakdale Company has paid the property taxes for the recorded assets.

This indicates that the company has the right to use the assets. If property taxes have not been paid, it would violate the rights and obligations assertion.

8. The assertion that matches this audit procedure is "valuation and allocation." By examining depreciation methods and their application, Lorna Sam is trying to ensure that the depreciation expense recorded in the property, plant, and equipment account is appropriate.

This has been consistently applied. If the depreciation methods are not appropriate or have not been consistently applied, it would violate the valuation and allocation assertion.

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The United States enjoys a free market economy in which _____. most economic decisions are made by the central government the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines most economic decisions are allowed to occur naturally as a result of market changes made by government intervention none of the above all of the above

Answers

Answer:

none of the above

Explanation:

I think its none of the above because in free economy the businesses basically do whatever they want and government/state has little to no interference.

What are the 4 main types of businesses?

Answers

Business can be classified into 4 categories, there are sole proprietorship, partnership, corporation, and also S corporation. That type of business is being classified by Legal and tax considerations .

In the term of economic, Business also known as  the efforts and activities of a person who generally can be defined as a producing goods or offering services with the intent to sell them for profit. In the other side, Business also can be described as an enterprising entity or organization that carries out professional activities.

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financial accounting is chiefly concerned with providing information to various

Answers

Financial accounting is a branch of accounting that is concerned with summarizing financial data for external stakeholders.

Financial accounting is the method of recording and summarizing all of an organization's monetary transactions. It provides information to various stakeholders, including investors, creditors, management, and regulators. Financial accounting's primary goal is to provide stakeholders with information about an organization's financial health and activities. It accomplishes this by producing a variety of financial reports, including income statements, balance sheets, and cash flow statements. These reports are usually produced on a quarterly or annual basis and are required by law for publicly traded businesses. They provide stakeholders with an understanding of an organization's profitability, financial stability, and liquidity.

Financial accounting is critical for investors and creditors since it allows them to assess the financial stability of a company. Investors use financial statements to determine whether to invest in a company, while creditors use them to determine whether to lend money to a company. Management may also use financial statements to identify areas where they can increase profitability or reduce expenses. In conclusion, financial accounting provides crucial information to various stakeholders, allowing them to make informed decisions about an organization.

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Which of these is an example of qualitative data?

A. A report on the annual sales for a popular children's toy

B. The results of a survey asking whether someone prefers sweet or
sour candy

C. A graph showing how many times people purchase candles

D. A report on how many items were returned to a major clothing
store​

Which of these is an example of qualitative data?A. A report on the annual sales for a popular children's

Answers

The results of a survey asking whether someone prefers sweet or sour candy

Calculate the break-even point for a new toy that costs $12 to make and market and that will be sold for $15. The total quantity that will be sold at that price is 200,000.
try to solve for the break Based on the lesson example there were 2 steps. First, they determined the total cost of making the toys. After doing that, they were able to calculate the break - even point.

Answers

The company will need to sell at least 400,000 toys at $15 each to break even on their costs. Since they plan to sell 200,000 toys, they will not reach break-even point and will incur losses.

What is break-even point?

The break-even point is a term used in finance and accounting to describe the point at which a business or investment venture reaches a point where the total revenue generated by sales or investments equals the total costs involved in producing or managing them. This is the point at which there is no profit or loss, and the investment or business is said to be "breaking even". The break-even point is a useful tool for investors and business owners to determine the minimum level of sales or returns needed to make a profit or recover their investment, and to make strategic decisions about pricing, production costs, and other factors that affect their profitability. In summary, the break-even point is the minimum level of sales or returns necessary to cover all costs and reach a point of no profit or loss.

The total cost of making and marketing one toy is $12.

Variable cost = $15-$12 = $3

Break-even point = total fixed costs / (price - variable cost)

Break-even point = $12 / ($15 - $12) = 400,000 toys

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The five situational influences that have an impact on the purchase decision process are ______. Multiple choice question. personal influences, the reference group, family, friends, and the Internet problem recognition, search, alternative evaluations, the decision process, and postpurchase behavior the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states habits, routines, problem solving, research, and delayed decisions

Answers

Answer:

the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states

Explanation:

Purchase decision can be regarded as thought process which gives a consumer leads starting from identification of a need to generating options, as well as choosing a specific product and brand. Some of this decision are minor such as buying of biscuits, other are major as seen in buying of houses. It is decision-making process that is been utilized by consumers as regards the market transactions before or during purchase as well as after the purchase of a good or service. It can be regarded as as particular type of a cost–benefit analysis when there is multiple alternatives. It should be noted that The five situational influences that have an impact on the purchase decision process are;

✓ antecedent states

✓the purchase task

✓physical surroundings

✓ temporal effects

✓social surroundings

These Situational influences can be regarded as temporary conditions which has effect on how buyers behave, in case whereby they

actually purchase your product, or do not buy, or buy additional products,

Which situation describes a monopoly market structure?
A. Many different vendors sell the same few T-shirt designs to fans at
a concert.
B. Solar panels are only available from two companies operating in a
country
C. A lot of new Chinese restaurants open in an area with a growing
Chinese population
D. One company builds and sells all of the cars available in a
developing country.

Answers

Answer:

D. One company builds and sells all of the cars available in a

developing country. That if so gives the one company a monopoly, because there is only one company supplying that service.

- The following information is known about a consumer electronics store: The number of people who make some type of purchase follows a Poisson distribution with a mean of 100 per day. • The number of televisions bought by a purchasing customer follows a Negative Binomial distribution with parameters r= 1.1 and = 1. Using the normal approximation, calculate the minimum number of televisions the store must have in inventory at the beginning of each day to ensure that the probability of its inventory being depleted during the day is 1.0%.

Answers

The minimum number of televisions the store must have in inventory at the beginning of each day to ensure a 1.0% probability of inventory depletion is approximately 92.

To calculate the minimum number of televisions needed, we can use the normal approximation.

The mean number of purchases per day is given as 100, which follows a Poisson distribution. The Poisson distribution has a mean and variance equal to λ (lambda). So, the variance is also 100.

The number of televisions bought by a customer follows a Negative Binomial distribution with parameters r = 1.1 and p = 1. The mean of a Negative Binomial distribution is given by r(1-p)/p, and the variance is r(1-p)/p^2.

To ensure the inventory is not depleted with a 1.0% probability, we need to find the minimum number of televisions such that the probability of selling all of them in a day is 0.01.

Using the normal approximation, we can calculate the z-score corresponding to a 1.0% probability in the tail of the standard normal distribution, which is approximately -2.33.

Next, we calculate the standard deviation of the number of televisions bought by a customer using the mean and variance of the Negative Binomial distribution:

standard deviation = sqrt(r(1-p)/p^2) = sqrt(1.1(1-1)/1^2) = sqrt(0.1) = 0.316

Now, we can find the minimum number of televisions using the z-score and the standard deviation:

minimum number of televisions = mean + (z-score * standard deviation) = 100 + (-2.33 * 0.316) ≈ 100 - 0.735 ≈ 99.265

Therefore, the store should have a minimum of approximately 92 televisions in inventory at the beginning of each day to ensure a 1.0% probability of inventory depletion.

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What is TRUE about standards that are used to evaluate employee job performance?

Answers

Standards used to evaluate employee job performance should be clear, specific, measurable, and objective.

Standards to evaluate employee -

They should be based on the job description and expectations for the role. The standards should also be communicated to employees in advance so they know what is expected of them. Additionally, standards should be applied consistently across all employees to ensure fairness and avoid bias. Finally, standards should be reviewed regularly to ensure they are still relevant and effective in evaluating job performance.

The Fair Labor Standards Act (FLSA) is a United States law designed to protect workers from certain unfair wage practices. As such, the FLSA establishes various labor regulations related to interstate employment in commerce, including minimum wages, overtime pay requirements, and restrictions on child labor. 

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