If you eat 100 meals, your marginal cost of the 100th meal is $9.
Given,
Nonrefundable fee = $900
The number of meals that can be eaten with the meal plan = 150
The number of meals ate = 100
The marginal cost of the 100th meal is calculated below:
Marginal cost of a meal = Total amount paid for the semester meal plan / Total number of meals taken.
= $900/100
= $9
Hence, the marginal cost of the 100th meal is $9.
Marginal cost is referred to as the increase or decrease in the cost of producing one more unit or serving one more customer from the unit.
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HELP
Tonya is a warehouse manager for a large online store. Which of the following is NOT a task she would do as part of her job? Question 9 options: Keep safety policies updated so that warehouse workers are safe Film commercials to advertise store sales Audit and report warehouse inventory
Answer:
film commercials shes in the warehouse not the front of the company
Explanation:
Why do we need to carefully plan the operations of the business?
Answer:
hi nhi pata bhai soery. long
3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
what do you think of current copyright laws in the united states? have the regulations kept up with changing technology?
The current copyright laws in the United States are governed by the Copyright Act of 1976 and have undergone several amendments since then.
These laws provide creators with exclusive rights to their works and protect them from unauthorized reproduction, distribution, and public display.
The advent of digital technology has created new challenges for copyright laws, and some argue that the regulations have not kept up with the rapid pace of technological change.
The Digital Millennium Copyright Act (DMCA) of 1998 attempted to address these issues, but it has been criticized by some for being too restrictive and not providing enough protections for consumers.
Overall, the effectiveness of current copyright laws in the United States in keeping up with changing technology is a subject of ongoing debate and discussion.
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8. Based on current dividend yields and expected capital gains, the expected rates of return on portfolios A and B are 12% and 16%, respectively. The beta of A is 0.7, while that of Bis 1.4. The T-bill rate is currently 5%, whereas the expected rate of return of the S&P 500 index is 13%. The standard deviation of portfolio A is 12% annually, that of B is 31%, and that of the S&P 500 index is 18%. (LO 18-2)
a. If you currently hold a market-index portfolio, would you choose to add either of these portfolios to your holdings? Explain.
b. If instead you could invest only in T-bills and one of these portfolios, which would you choose?
a. If you currently hold a market index portfolio, you should choose to add portfolio B to your holdings rather than portfolio A because the expected rate of return on portfolio B is 16%, which is higher than the expected rate of return on portfolio A, which is 12%.
Since beta measures a portfolio's systematic risk or volatility compared to the market portfolio, a higher beta indicates higher systematic risk or volatility. Since Portfolio B has a higher beta (1.4) than Portfolio A (0.7), this is consistent with Portfolio B being more volatile than Portfolio A.
However, portfolio B's higher expected return of 16% may be adequate to compensate for this additional risk. As a result, portfolio B provides a higher rate of return with a higher degree of risk.
b. If you can only invest in T-bills and one of these portfolios, you should choose portfolio A because it has a lower standard deviation of 12% compared to portfolio B's 31%, which makes it less volatile and more stable.
The expected rate of return on portfolio A is 12%, which is greater than the T-bill rate of 5%. As a result, portfolio A has a higher expected return, but it also has lower risk and volatility, making it a safer and more stable choice than Portfolio B.
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Discuss what a small business owner should consider when deciding upon the location for their business
Answer:
depending on the place you can consider the number of people who go to it and on that side, the fame it would have for its service, and greater economic progress.
Explanation:
on january 1, $50,000 cash is borrowed from a bank in return for a 6% installment note with 24 monthly payments of $2,216 each. 1. prepare the journal entry to record the issuance of the note. 2. prepare the journal entry to record the first monthly interest payment.
Journal entries can be seen as a business's way of keeping track of all of its financial ins and outs. In the general journal, these transactions are entered.
Given,
Notes Payable =$150,000
Rate =6%
Monthly Installment =$2,216 each
Time =24 monthly installment
Required to Pass the Journal entries for the transactions.
1.
Date: 1 January
Debit: Cash $50,000
Credit: Notes Payable $50,000
2.
Date: 1 February
Debit: Interest expenses $250
Debit: Notes Payable $1,966
Credit: Cash $2,216
Calculation of Interest expenses = $50000 x 6% / 12
=$250
Notes Payable =$2,216 - $250 =$1,966
Therefore, the mentioned above are the required journal entries for the given transactions.
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A certificate of deposit pays a higher interest rate than a savings account because the money is
A.) guaranteed by the government.
B.) kept by banks for a longer time period.
C.) loaned to banks by consumers.
D.) immediately available to consumers.
Answer: The answer is:
B: kept by banks for a longer time period.
Explanation:
Edge 2023
Hope this hel :}
Target market for a skating rink?
Answer:
Civic organizations, school groups, and church groups are key target markets for McKenzie Roller Rink. Parties with over ten people would be considered a group. It is our intent to create a wholesome family atmosphere and so there will be an effort to encourage families to consider skating as a recreational option.
the blending of advertising, sales promotion, publicity, and personal selling is referred to as the .
The blending of advertising, sales promotion, publicity, and personal selling is referred to as the Marketing Communications Mix or Promotional Mix.
This concept represents a combination of various tools and strategies that businesses use to communicate their value propositions and key messages to their target audience. The goal is to create awareness, build interest, and ultimately drive sales for products or services.
Advertising involves creating and delivering paid messages through various media channels such as television, radio, print, and online platforms. It is a powerful way to reach a large audience, create brand awareness, and influence consumer perceptions.
Sales promotion encompasses various short-term incentives, offers, and discounts that aim to stimulate customer interest, increase product demand, and encourage purchases. Examples include coupons, contests, and product samples.
Publicity refers to unpaid media exposure and coverage that a company receives, which can have a significant impact on brand image and consumer perception. Public relations activities, such as press releases and event sponsorships, are used to generate positive publicity and maintain a strong relationship with the media.
Personal selling is a direct, one-to-one approach where sales representatives engage with potential customers, build rapport, and provide personalized information to help persuade them to make a purchase. This method is particularly effective in B2B transactions and high-value products or services.
In conclusion, the Marketing Communications Mix is a strategic blend of advertising, sales promotion, publicity, and personal selling techniques used to communicate with target audiences effectively. By employing the right mix of these strategies, businesses can achieve their marketing goals and create a positive impact on consumers.
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Think of a problem or question that you might encounter in your career field. Explain how you would use the scientific method to help solve this problem or answer this question.
What advantage would there be to using the scientific method to find a solution to your problem or question?
The scientific method provides a systematic and evidence-based approach to problem-solving, ensuring reliable and valid results in my career field.
When faced with the task of determining the most effective marketing strategy, the scientific method can be applied. Firstly, I would start by conducting thorough research on the target audience, market trends, and competitors. This research would form the foundation for generating hypotheses or potential strategies to test.
Next, I would design experiments or campaigns to test these hypotheses. This could involve creating different marketing materials, using different advertising channels, or implementing various promotional tactics. The experiments would be carefully controlled and executed to ensure accurate data collection.
After running the experiments, I would gather and analyze the data to evaluate the effectiveness of each strategy. This analysis would involve comparing key metrics such as conversion rates, customer engagement, and sales figures. By objectively examining the data, I can draw conclusions and make informed decisions about which strategies are most successful.
The advantage of using the scientific method in this process is that it provides a systematic and rigorous approach to finding the best solution. It eliminates guesswork and biases, relying instead on empirical evidence. By following this method, I can make data-driven decisions, minimize risks, and increase the likelihood of achieving desired marketing outcomes. The scientific method also allows for repeatability and validation, enabling others to replicate the experiments and verify the results.
Hence, using the scientific method in solving marketing strategy problems ensures a structured and evidence-based approach, leading to reliable and valid results. It promotes informed decision-making and minimizes the reliance on subjective opinions or assumptions. Ultimately, it increases the chances of implementing effective marketing strategies that yield desired outcomes in the career field.
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the three parts of communication
Answer:
The act of communicating involves verbal, nonverbal, and paraverbal components. The verbal component refers to the content of our message‚ the choice and arrangement of our words. The nonverbal component refers to the message we send through our body language.Explanation:
1. VERBAL COMMUNICATION
Verbal communication seems like the most obvious of the different types of communication. It utilizes the spoken word, either face-to-face or remotely. Verbal communication is essential to most interactions, but there are other nonverbal cues that help provide additional context to the words themselves. Pairing nonverbal communication with the spoken word provides a more nuanced message.
2. NONVERBAL CUES SPEAK VOLUMES
Nonverbal communication provides some insight into a speaker’s word choice. Sarcasm, complacency, deception or genuineness occur within nonverbal communication. These things are often communicated through facial expressions, hand gestures, posture and even appearance, all of which can convey something about the speaker. For instance, a disheveled speaker with wrinkled clothes and poor posture would communicate a lack of confidence or expertise. A speaker with a nice suit, who stood up straight and spoke clearly, may appear more serious or knowledgeable.
3. VISUAL COMMUNICATION
Visual types of communication include signs, maps or drawings as well as color or graphic design. These typically reinforce verbal communication, and they help to make a point. Visual aids can help a speaker remember important topics, give the audience something to look at, and generally help convey the message being presented.
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
Select the correct answer.
At which stage of problem solving should you discuss the problem with colleagues?
B. evaluating the information
C. gathering information
D. making a choice
E. taking action
Plato/Edmentum
Answer:
E or D
Explanation:
D because it doesn't hurt to get a second opinion and see what your colleagues think
E Because your actions or decisions when it comes to a business can affect your colleagues.
The economic cost to society each year from crashes and injuries on US highways is about _________ dollars.
The economic cost to society each year from crashes and injuries on US highways is about 242 billion dollars. Economic cost compares the benefits and drawbacks of various options.
Economic cost is the sum of all losses involving items that have been valued by a single person. Economic cost is primarily used by economists as a tool to assess the wisdom of one course of action vs another. The comparison takes into account both the profits and costs a course of action would have avoided, as well as those of the actual course of action. Due to the inclusion of opportunity cost, economic cost differs from accounting cost. Accounting costs are sometimes referred to as explicit costs and opportunity costs as implicit costs. Economics uses a wide variety of cost definitions. The explicit cost, also known as the accounting cost, is the price that someone pays when they purchase a candy bar at a store for $1. However.
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1) If supply increases without a change in demand, we can expect: a) Equilibrium price to rise and equilibrium quantity to fall b) Equilibrium price to fall and equilibrium quantity to rise c) Equilibrium price and equilibrium quantity to fall d) Equilibrium price and equilibrium quantity to rise 2) Price falls and total revenue rises. Demand is a) Inelastic b) Elastic c) Unitary d) Infinite. 3) Opportunity costs are demonstrated by the a) Average cost curve b) Marginal product curve c) Production possibility curve d) Indifference curve 4) All of the following are true about indifference curves, except: a) They do not intersect b) They can be quantified c) They represent ordinal utility d) They are convex in shape 5) The shape of indifference curves is determined by: a) The law of decreasing marginal product b) The law of diminishing returns c) The law of decreasing marginal utility d) Increasing returns to scale 6) The elasticity of demand facing perfectly competitive firms is: a) Elastic b) Inelastic c) Zero d) Infinite 7) When the demand for nutra-sweet rises, we can expect: a) The price of sugar to rise b) The price of nutra-sweet to fall c) The demand for sugar to fall d) The supply of sugar to rise 8) As one input increases with the others held constant, output increases by a smaller and smaller amount. This is called: a) The law of diminishing returns b) Decreased marginal cost c) Decreased marginal utility d) Decreasing returns to scale 9) Changes in all of the following will shift the demand curve except: a) Income b) Taste c) Price d) Related goods 10) Which of the following does not represent an equilibrium: a) When an equal cost line is tangent to an equal product curve b) When the marginal utility of different goods are equal c) When the ratio of marginal utility to price of different goods are equal d) When the budget line is tangent to an indifference curve
1. If supply increases without a change in demand, we can expect Equilibrium price to fall and equilibrium quantity to rise-- option b
2. Price falls and total revenue rises. Demand is Elastic -- option b
3. Opportunity costs are demonstrated by the Production possibility curve -- option c
4. All of the following are true about indifference curves, except They represent ordinal utility -- option d.
5. The shape of indifference curves is determined by The law of decreasing marginal utility-- option c.
6. The elasticity of demand facing perfectly competitive firms is Elastic-- option a
7. When the demand for nutra-sweet rises, we can expect The price of sugar to rise-- option a
8. As one input increases with the others held constant, output increases by a smaller and smaller amount. This is called The law of diminishing returns-- option a
9. Changes in all of the following will shift the demand curve except Related goods-- option d
10. Which of the following does not represent an equilibrium : When the budget line is tangent to an indifference curve-- option d.
What is Equilibrium price?
The consumer cost associated with a good or service when force and demand are equal or nearly equal is appertained to as the equilibrium price, also known as the request- clearing price. The patron or seller may vend as numerous pieces as they like, and the buyer may pierce as numerous units as they choose to buy. The only price at which consumer and patron plans coincide is the equilibrium price, which is reached when the volume of a good that consumers want to buy( volume requested) and the volume of a good that directors want to vend( volume supplied) are equal. The term "equilibrium volume" refers to this universal volume.
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A stock has an intrinsic value of $15 and an actual stock price of $13.50. You know that this stock ________.
a. has a Tobin's Q value < 1
b. is under valued
c. has an expected return less than its required return
d. has a beta > 1
In the given case, where a stock has an intrinsic value of $15 and an actual stock price of $13.50, it can be concluded that the stock is undervalued.An intrinsic value of a stock refers to its true or inherent value, based on the company's financial condition, its future earnings, and its dividends.
If the intrinsic value of a stock is higher than its current market price, it is considered undervalued, which means that the stock has a potential for price appreciation. Therefore, the correct answer is option (b) is under valued.
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Rose, a minor, purchased a new car from Sheehan Buick for $5,000. Rose later, while still a minor, elected to disaffirm the purchase and notified Sheehan of her decision. She also requested a full refund of the purchase price. Sheehan refused, and Rose brought an action to invalidate the contract and to seek a refund of the purchase price. What will be the likely result
Answer:
refund
Explanation:
which one of the following stock return statistics fluctuates the most over time? multiple choice correlation coefficient variance of returns average return covariance of returns
The statistic that fluctuates the most over time among the given options is the covariance of returns. The average return of a stock measures the typical return over a given period of time. It is calculated as the sum of all the returns divided by the number of returns.
The correlation coefficient measures the degree of association between the returns of two stocks. It ranges from -1 to 1, where a value of 1 indicates a perfect positive correlation, a value of -1 indicates a perfect negative correlation and a value of 0 indicates no correlation. The correlation coefficient may fluctuate over time, but not as much as the covariance of returns. The variance of returns measures the dispersion of returns around the average return. It is calculated by subtracting each return from the average return, squaring the difference, and dividing the sum of all the squared differences by the number of returns. The variance of returns may also fluctuate over time, but not as much as the covariance of returns. The covariance of returns measures the degree to which the returns of two stocks move together. It is calculated by multiplying the difference between each stock's return and the average return by the difference between the other stock's return and the average return and then summing these products.
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to calculate your monthly lease payment on a three-year lease using the "residual value" of a $26,500 MSRP car, subtract the 48% residual value from the MSRP and divide the result by the number of agreed upon months. What is the approximate monthly payment on a three-year lease agreement?
Answer:
The approximate monthly payment is $383
Explanation:
Here, we want to calculate the approximate monthly payment on a 3-year lease agreement and we have been told what to do in the question.
Firstly, we start off by subtracting 48% residual value from the MSRP
48% of 26,500 = 48/100 * 26,500 = $12,720
We subtract this from $26,500
That will be $26,500 - $12,720 = $13,780
We have 3 years and that is 36 months
So the approximate monthly payment will be;
$13,780 / 36 = 382.7777777777778 which is approximately $383 to the nearest whole digit
Question is in the link
Insurance Type: HMO (Health Maintenance Organization)
Characteristics: HMO plans typically require individuals to select a primary care physician (PCP) who serves as a gatekeeper for accessing specialist care.
Good For: HMOs are suitable for individuals who prefer a structured healthcare approach, value lower out-of-pocket costs, and are willing to coordinate their care through a primary care physician.
How to explain the insuranceInsurance Type: PPO (Preferred Provider Organization)
Characteristics: PPO plans offer more flexibility compared to HMOs, allowing individuals to see any healthcare provider .
Good For: PPOs are beneficial for individuals who prefer greater flexibility in choosing healthcare providers, desire more control over their healthcare decisions, and are willing to pay higher premiums and out-of-pocket costs for that flexibility.
Insurance Type: Medicare
Characteristics: Medicare is a federal health insurance program primarily designed for individuals who are 65 years or older, or those with certain disabilities or end-stage renal disease.
Good For: Medicare is beneficial for older adults, individuals with disabilities, and those with end-stage renal disease who meet the eligibility criteria.
Insurance Type: Medicaid
Characteristics: Medicaid is a joint federal and state program that offers healthcare coverage to low-income individuals and families. Eligibility requirements, covered services, and costs vary by state.
Good For: Medicaid is beneficial for individuals and families with low income who meet the eligibility criteria of their state.
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Reginald buys a six-pack of soda. The amount of satisfaction he derives from his purchase is described in terms of
The amount of satisfaction he derives from his purchase is described in terms of total utility.
What is total utility?
Total utility is the total satisfaction that is derived from the consumption of a good or service. Total utility is measured in utils. Total utility is usually the highest for the first unit consumed. As more of a product is consumed, total utility increases at a decreasing rate.
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Do you agree with Dr. King that you can protest an unjust law and still be respectful of the law?
Answer:
One has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws. Any law that uplifts human personality is just. Any law that degrades human personality is unjust.
Explanation:
“An individual who breaks a law that conscience tells him is unjust, and who willingly accepts the penalty of imprisonment in order to arouse the conscience of the community over its injustice, is in reality expressing the highest respect for the law” – Martin Luther King, Jr.
what effect would an effective minimum wage have on a perfectly competitive market?
In a aggressive exertions marketplace, an boom within side the minimal salary reduces employment and will increase unemployment. A minimal salary may want to boom employment in a monopsony exertions marketplace on the equal time it will increase wages.
The required details for unemployment in given paragraph
The time period unemployment refers to a scenario in which someone actively searches for employment however is not able to locate paintings. Unemployment is taken into consideration to be a key degree of the fitness of the economy. The maximum regularly used degree of unemployment is the unemployment rate. It's calculated via way of means of dividing the wide variety of unemployed human beings via way of means of the wide variety of human beings within side the exertions force. Many governments provide unemployment coverage to sure unemployed people who meet eligibility requirements.
Unemployment is a key financial indicator as it alerts the ability (or inability) of employees to attain gainful paintings and make contributions to the efficient output of the economy. More unemployed employees suggest much less general financial production.
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Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
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Employees at Maxwell Enterprises are participating in a training and development program. Participants are required to respond to specific problems they may encounter in their jobs by acting out real-world situations. Which type of T
Answer: role playing
Explanation:
Here is the complete part of the question:
Which type of T&D method is the firm most likely using?
A) coaching
B) job enlarging
C) role playing
D) job rotating
From the question, we are informed that employees at Maxwell Enterprises are participating in a training and development program and that the participants are required to respond to specific problems they may encounter in their jobs by acting out real-world situations. The type of T&D method that the firm is most likely using is role playing.
Role playing is the act of acting a particular role during training in order to ascertain if the person can effectively perform such roles when faced with it in real life or at the workplace. It is used to help prepare workers ahead of the likely scenarios that they may encounter.
Which of the following is the best way to make sure you have good customer retention?
A. Give coupons to new customers
B. Provide good customer service
C. Offer Internet sales
D. Use sales quotas
Answer:
B. Provide good customer service
Explanation:
Customer service refers to taking care of customers' needs by providing timely, professional, and useful assistance to the customer at all times. It involves addressing customer concerns by providing meaningful support when required.
Customer service entails a one-on-one interaction with a client. The customer service agent must portray a genuine willingness to support the customer. They need to demonstrate passion for work and customers throughout the interaction. Good customer service create loyal customers.
Which of the following is a characteristic of an oligopoly market structure?
a. Many firms
b. Price equals marginal revenue
c. Strategic interdependence
d. A unique product
Strategic Interdependence is a characteristic of an oligopoly market structure.
In an oligopolistic market, where there are few firms and the items are highly correlated, each firm depends on the others to maximize profit. In order to corner the market, they jointly decide on price and output. A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact. The market share of the major companies is calculated using the concentration ratio.
A market with a monopoly has just one producer, a duopoly has two businesses, and an oligopoly has three or more businesses. The maximum number of firms in an oligopoly is unknown, but it must be low enough such that each firm's activities have a major impact on the others. Oligopolies can be created, maintained, or dismantled as a result of economic, legal, and technological considerations. The prisoner's dilemma that each member faces, which motivates each member to cheat, is the main challenge that oligopolies face.
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Form _____ is one that other types of businesses, in addition to corporations, would need to fill out.
A.
8050
B.
1120-W
C.
941
D.
1120-S
Form Option C. 941 is one that other types of businesses, in addition to corporations, would need to fill out.
Form 941 is a tax document that employers use to report income taxes, social security tax, and Medicare tax to the Internal Revenue Service (IRS) on a quarterly basis. It is commonly known as the "Employer's Quarterly Federal Tax Return." In other words, Form 941 is used by most employers to report the taxes they withheld from their employees' wages, tips, and other compensation.
The Form 941 filing schedule is as follows:
Q1 (January-March): Due on April 30Q2 (April-June): Due on July 31Q3 (July-September): Due on October 31Q4 (October-December):
Due on January 31 (of the following year) The amount of taxes that employers are required to report and pay on Form 941 varies depending on the employee's income and employment status. Employers should use the guidelines set out by the IRS to calculate the correct amounts to withhold and report.
Form 941 is used by a variety of employers, including corporations, partnerships, limited liability companies, sole proprietors, and nonprofit organizations. Any employer who pays wages, tips, or other compensation to an employee is required to file Form 941. Therefore, the correct option is C.
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According to the video, what are some qualities needed by Advertising and Promotions Managers? Check all that apply.
creativity
college degree
leadership
high school degree
ability to express themselves clearly
ability to stand for long periods
A, B, C, E
_______________________________________
Malachi 1:2
Qualities needed by Advertising and Promotions Managers:
creativityCollege degreeleadershipability to express themselves clearlyWhat is advertising?Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. By "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aims to boost the consumption of their goods or services.
Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties, interest groups, religious institutions, and governmental bodies are examples of non-commercial organizations that promote goods and services more than consumer goods.
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