Companies project an image of innovation and create a reputation by investing in product development, using effective marketing and branding strategies, establishing thought leadership, forming partnerships, and fostering an innovative employee culture.
Companies use various strategies to project an image of innovation and create a reputation in the market. Here are a few ways they achieve this:
1. Product Development: Companies invest in research and development to create new and innovative products or improve existing ones. They emphasize unique features, cutting-edge technology, and advancements to demonstrate their innovative capabilities.
2. Marketing and Branding: Effective marketing campaigns highlight a company's innovative offerings. They use creative advertising, storytelling, and digital platforms to showcase their forward-thinking approach and create a perception of innovation among customers.
3. Thought Leadership: Companies establish themselves as industry leaders by sharing knowledge, insights, and expertise. They participate in conferences, publish research papers, and engage in public speaking to demonstrate their thought leadership and innovative thinking.
4. Partnerships and Collaborations: Collaborating with other innovative companies, startups, or research institutions helps companies expand their innovative capabilities. Strategic alliances and partnerships demonstrate a commitment to innovation and can lead to the development of groundbreaking solutions.
5. Employee Culture: Fostering an innovative culture within the organization is crucial. Companies encourage employees to think creatively, provide opportunities for idea generation and experimentation, and reward innovative thinking and initiatives.
The extent to which a company projects an innovative image depends on its industry, target market, and overall business strategy. Some companies may heavily emphasize innovation as a core value, while others may focus on specific aspects of innovation based on their market positioning and customer expectations.
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Harry and Hanson were partners in a firm sharing profits and losses in the ratio 3:2. Their capital was $300,000 and $150,000 respectively and they were entitled to interest on capital of 25% per annum. At the end of the firm's financial year December 31, 2019, the firm earned profit of $180,000 after allowing for interest on capital. Given this information, the profits that will be distributed among the partners will be:
Answer:
JOURNAL
1. Cash a/c... Dr. 350000
To C's Capital a/c 200000
To Premium for Goodwill a/c 150000
(Being capital and premium for goodwill brought in by C)
2. Premium for Goodwill a/c... Dr. 150000
To A's Capital a/c 110000
To B's Capital a/c 40000
(Being premium for goodwill distributed among the partners in the ratio of 11:4)
3. A's Capital a/c.... Dr. 55000
B's Capital a/c.... Dr. 20000
To Cash a/c 75000
(Being half of the premium for goodwill withdrawn by the partners)
Calculation of sacrificing ratio:
A's sacrifice= 3/5- 2/7= 11/35
B's sacrifice= 2/5- 2/7= 4/35
Sacrificing ratio= 11:4
Based on the information given the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
Given:
Profits and losses sharing ratio=3:2
Profit earned=$180,000
Hence:
Profit sharing
Harry Profit=3/(3+2)×$180,000
Harry Profit=3/5×$180,000
Harry Profit=$108,000
Hanson Profit=2/(3+2)×$180,000
Hanson Profit=2/5×$180,000
Hanson Profit=$72,000
Inconclusion the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
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A customer has a total purchase of $84.75. She hands the person at the
register four $20 bills, three $1 bills, six quarters, one dime, one nickel, and
five pennies. Which of the following is true?
Answer: The Customer Still owes 0.05
Explanation:
The customer owed $0.05 because She hands the person at the register four $20 bills, three $1 bills, six quarters, one dime, one nickel, and five pennies.
What does purchase cost mean?The total Purchase Price is the total sum that the buyer is required to pay for the goods or services under the terms of the purchase agreement, excluding any taxes, fees for administration, and financing costs.
The term "buy cost" refers to the complete cost of the good or service, including any applicable taxes, shipping charges, additional fees, and contingencies.
Given,
Purchase cost = $84.75
Repayment of cost are as follows = 4 * 20 = $80
= 3 * 1 = $3
= 6 * 0.25= $1.5
= 1 * 0.10 = $0.10
= 1 * 0.05 = $0.05
= 5 * 0.01 = $0.05
The total Payment made by the customer is = $84.70
Thus, the customer pays only $84.70 out of $84.75 which is $0.05 short.
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the cleaning-up expenses associated with pollution, which is a newly produced good. it is include in___
The cleaning-up expenses associated with pollution in the production of a newly produced good are considered an externality, and addressing this externality requires government intervention to ensure that producers are paying the full costs of their production.
The cleaning-up expenses associated with pollution are considered an externality in the production of a newly produced good. Externalities refer to costs or benefits that are not accounted for in the market price of a good or service. In this case, the pollution caused by the production of the good creates costs to society in the form of health problems, environmental damage, and other negative effects. These costs are not reflected in the market price of the good and are therefore not paid for by the producer or the consumer. Instead, society as a whole bears the burden of these costs, often in the form of taxes or government regulations.
To address this externality, governments may impose taxes or fees on producers who create pollution or implement regulations to limit the amount of pollution that can be produced. These measures help to ensure that producers take into account the full costs of their production, including the costs associated with cleaning up pollution. This can encourage producers to adopt cleaner technologies and production methods, which can help to reduce pollution and its associated costs over time.
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Suppose that, before filing for bankruptcy, Stephen had been involved in an automobile accident. The attending officers determined that Stephen's blood-alcohol level was above the legal limit. An injured passenger in the other car sued Stephen and won a settlement. Further suppose that Stephen, as part of his Chapter 13 bankruptcy, attempted to discharge the car-accident settlement in addition to attempting to discharge his obligation for his children's college expenses. Would he be successful?
Answer:
No, because in bankruptcy repayment plans, certain debts are not dischargeable, including those related to injury or property damage caused while driving drunk.
Explanation:
Dischargeable debts are defined as amounts owed that can be wiped out by one's bankruptcy discharge.
Once the bankruptcy discharge is issued, creditors in such cases can no longer collect on the debts
An example of dischargeable debts is credit card debt and medical bills
In this scenario however where Stephen had been involved in an automobile accident and attending officers determined that Stephen's blood-alcohol level was above the legal limit.
Any debt in relation to the injured party cannot be discharged through bankruptcy
What happens if you are caught driving without insurance?
This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65
The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.
What is the use of production possibilities curve in economics?The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.
Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.
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Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)
Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie
A non-discriminating monopolist is selling 6 units at a price of $12. If the marginal revenue of the seventh unit is $5, then:
price of the seventh unit is $10.
price of the seventh unit is $11.
price of the seventh unit is greater than $12.
price of the seventh unit is $5.
Assuming the demand curve that a pure monopolist faces is downward-sloping, its total revenue:
is rising.
is falling.
may be either rising or falling.
must be negative.
A non-discriminating monopolist is selling 6 units at a price of $12. If the marginal revenue of the seventh unit is $5, then price of the seventh unit is $11.
Assuming the demand curve that a pure monopolist face is downward sloping, its total revenue: may be either rising or falling.
A monopolist refers to an individual, group, or business enterprise that dominates and controls the marketplace for a particular appropriate or provider.
This loss of opposition and shortage of alternative items or offerings approach the monopolist wields sufficient strength withinside the market to price excessive prices.
The call for curve is a graphical illustration of the connection among the rate of a very good or provider and the amount demanded for a given length of time. In a standard illustration, the rate will seem at the left vertical axis, the amount demanded at the horizontal axis.
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When a firm finances new investments, it may set up accounts payable with suppliers, but the balance that the firm must supply is called the investment in net capital.
When firm finances new investments, then set up accounts payable with suppliers, in which the balance that the firm must supply is called the investment in net "Working" capital.
This is because investment in net working capital is when the capital remains when the current liabilities are removed from the current assets.
The net working capital can be any of the cash, accounts receivable, inventory, and short-term investments or a combination of any of these elements.
The net working capital can be used to pay debts or invest in the growth of the company.
Hence, in this case, it is concluded that the correct answer is "Net Working Capital."
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27 28 30 will save this response. Question 26 of 30 cion 26 2 points Save Answer aile driving Abdulrahman's car Asma accidentally crashed and hit a house, the loss costs a total of 2291. If in this case, Abdulrahman's insurance policy acted as the primary with a limit of 864, while ma's policy acts as the excess and has a limit of 4311. In this case how much will Asma's insurance policy pay? Activate Windows Oving to another question will savo thin 29
According to the information provided, Asma's insurance policy serves as the excess coverage and has a limit of 4311, while Abdulrahman's insurance policy serves as the primary coverage and has a maximum of 864.
In this situation, after the limit of Abdulrahman's insurance has been reached, Asma's insurance policy will pay the balance. The total loss cost is divided by Abdulrahman's policy limit to arrive at this number: 2291 - 864 = 1427.Since Asma's insurance serves as the extra protection, it will pay the balance up to its own cap. As a result, the sum that exceeds Abdulrahman's policy limit, or 1427, will be covered by Asma's insurance policy.Please be aware that certain terms and conditions, deductibles, and other elements of insurance policies could have an impact on the coverage and payment. It's constant.
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2-3 personal experience of exploitation as a consumer
Answer:
Explanation:
Exploitation often involves a denial of an individual's right (in this case a consumer's right).
Consumers are often exploited in this three areas:
Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.
High Prices: This is often happens when a consumer isn't aware of the average price of a particular product and may be the taken advantage of by the seller.
False or Incomplete product description: Online shopping often presents this type of exploitation. For example, an individual may buy a wrist watch he thinks is made of silver, but receives the item an discover it is actually made of rubber material.
In which market would a producer sell bicycles to consumers?
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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greg obtains from hearthstone insurance company a policy that provides that greg has thirty days after a premium’s due date to pay it before the policy will be canceled. this is
The provision in Greg's policy that allows him a grace period of thirty days after the premium's due date before the policy is canceled is a grace period provision.
A grace period provision is a feature in insurance policies that provides a specified period of time after the premium due date during which the policyholder can still make the payment without the policy being canceled.
It gives the policyholder a buffer period to make the payment and ensures that the policy remains in force even if the premium is paid slightly late. In Greg's case, he has thirty days from the due date to pay the premium before the policy would be canceled.
The purpose of the grace period provision is to offer some flexibility to policyholders and prevent immediate termination of the policy due to late payment. It acknowledges that people may sometimes experience temporary financial difficulties or oversight in making timely payments.
By allowing a grace period, insurance companies aim to maintain a good relationship with their policyholders and provide them with an opportunity to catch up on missed payments without facing the consequences of policy cancellation.
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Step 3: Creating a Balanced Family Budget
a) Search for a "family budget estimator" and calculate the monthly expenses for a family living
in your city.
Insert a screenshot of the calculator you used, as well as all of the information you entered
into it. If you are unable to insert a screenshot, then list the information below. (10 points)
b) State the minimum monthly income and hourly wage per worker needed to cover monthly
expenses for the family you used in part a. Then, explain how to calculate the hourly wage
Show we’re u found your information
The family budget calculator use is attached accordingly. See relevant definition below.
What is the minimum monthly income and hourly wage per worker required to cover the monthly expenses indicated in the budget?The total budget indicated is $7,304. Hence to cover for the above expenses, one would need to work for at least 8 hours per day, and 5 days a week at the minimum income wage of $50 dollars/Hour.
This translates to:
50 x 8 x 20
= $8,000
What exactly is a family budget?A family budget is a plan for your household's incoming and outgoing funds for a specific time period, such as a month or year.
What is the definition of a Family Budget Calculator?The Family Budget Calculator calculates the amount of money required for a family to maintain a modest but decent level of life.
The budgets project community-specific expenses for ten different family types (one or two adults with zero to four children) across all counties and metro regions in the United States.
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1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
the new fund had average daily assets of $2.2 billion last year. the fund sold $400 million worth of stock and purchased $500 million during the year. what was its turnover ratio
The new fund had an average daily asset of $2.2 billion last year. The fund sold $400 million worth of stock and purchased $500 million during the year. The turnover ratio of the fund is 40.9%.
What is the turnover ratio?A fund's turnover ratio is the amount of time it takes to buy and sell assets during the year, as a proportion of the fund's holdings. The fund's turnover ratio is calculated as follows:
\(Turnover Ratio = Total Value of Transactions / Average Daily Assets\)
The average daily assets of a fund are the average of the beginning and ending assets for the year. Given that the average daily asset is $2.2 billion and the fund sold $400 million worth of stock and bought $500 million worth of stock during the year, we can find the total value of transactions.
\(Total value of transactions = $400 million + $500 million = $900 million\)
Now, we can substitute the values in the turnover ratio formula.
\(Turnover Ratio = Total Value of Transactions / Average Daily Assets\\= $900 million / $2.2 billion\\= 0.409 \\or \\= 40.90%\)
Therefore, the turnover ratio of the fund is 40.9%.
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QUESTION 1 of 10: Chandra likes her new credit card. She uses it whenever she can, but she's careful to stay below her credit limit. After two months she notices her credit card bill includes huge finance charges. She chose her card because it featured 0% APR, so she doesn't think she should have any finance charges at all. What is the most likely explanation for the finance charges on Chandra's bill
Answer:
The introductory rate on the card is no longer in effect
Explanation:
Since in the question it is mentioned that after two months she notices that the credit card bill involves the high finance charges but she select the car that have % APR so here the explanation should be with respective to the finance charges is that the introductory rate would have no impact on the credit card
Therefore the same is to be considered
Which of the following statements about the conceptual framework are correct?
a. All of these statements are true of the conceptual framework.
b. It increases financial statement users' understanding of and confidence in financial reporting.
c. It assists with solving new and emerging practical problems more quickly.
d. It is built on an established body of concepts and objectives, leading to consistent standards
The correct statements about the conceptual framework are b. It increases financial statement users' understanding of and confidence in financial reporting, c. It assists with solving new and emerging practical problems more quickly, and d. It is built on an established body of concepts and objectives, leading to consistent standards.The correct answer is option A.
The conceptual framework serves as a foundation for financial reporting by providing a set of principles, concepts, and objectives that guide the development of accounting standards. One of its main purposes is to enhance users' understanding of financial statements and increase their confidence in the information presented.
By establishing clear and consistent concepts and principles, the framework helps users interpret and analyze financial information accurately, which ultimately improves decision-making.
Additionally, the conceptual framework aids in addressing new and emerging practical problems. As business practices evolve and new transactions arise, the framework provides a framework for standard setters to develop appropriate accounting guidance more efficiently.
It provides a solid basis for resolving complex accounting issues and ensures that the resulting standards are coherent and consistent.
Moreover, the conceptual framework is built on an established body of concepts and objectives. It draws upon existing accounting theories, principles, and empirical evidence to form a cohesive structure. This foundation promotes consistency in the development of accounting standards, enabling comparability and reliability of financial information across different entities and periods.
In conclusion, the conceptual framework plays a crucial role in financial reporting by enhancing users' understanding, facilitating the resolution of new problems, and establishing consistent standards.
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Which of the following accounts would not
use T-Accounts?
A. Shareholder's Capital
B. Cash
C. Dividends Payable
D. None of the Above
Imagine an important customer shows up at a hotel that is fully booked, and the reservation is missing. The manager must decide how to respond to the customer. At which level would this decision be made?
An significant client arriving at a fully filled hotel without a reservation would put the decision in the manager's hands.
A business manager is a manager who oversees the activities of a team of workers inside a company or department. They work to maintain the company's productivity, efficiency, and organization at all times by putting operational strategies into place, performing performance evaluations, and supervising all daily operations.
Teams can be led by managers who can give them a trustworthy purpose and direction. It supports staff in achieving their objectives and running daily operations for the business. The following measures for managing projects and possible recruits are also planned.
Thus, as per the situation given it comes under the level of manager's level to make a decision.
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Which image format is good for compressing large, complex images like photos into smaller file sizes? A. GIF B. JPEG C. ODG D. DRAW
Answer: JPEG
Explanation:
JPEG is an acronym that stands for Joint Photographic Experts Group. It is typically used to compress large files sizes into smaller sizes. This enables images to be shared easily. It should be noted that apart from reducing the format size of the image, it also reduces the image quality.
GIF is an acronym for Graphics Interchange Format. It is also used to compress large image files but doesn't compress it as much as a JPEG will do. It also supports animation.
Answer:
B. jpeg :)
Explanation:
What total amount of money would you have if you invested $5,000 at 2% interest for 3 years and the interest was calculated using the simple interest method? Use the simple interest example above as a guide to calculate simple interest, please show your work.
Answer:7,445.50
Explanation:
Answer:
simple Interest: $5,300.00
Annually Compounded Interest: 5,306.04
Explanation: Compound Interest means that you earn "interest on your interest", while Simple Interest means that you don't - your interest payments stay constant, at a fixed percentage of the original principal.
An industry consists of 100 small firms, and the largest firm accounts for only 2 percent of sales. Brand names are considered a signal of quality. The industry described is best classified as
Answer:
Monopolistically competitive
Explanation:
Based on the information given the industry described is best classified as MONOPOLISTICALLY COMPETITIVE reason been in a Monopolistic competitive market their are competition among many manufacturer of product in which the products this manufacturer sell are different from each other .
Secondly the products are not similar or identical product reason been that their customer can easily differentiate between the goods or product that meet the same need of the product they want.
Therefore an industry or firm which consists of 100 small firms in which the largest firm can only accounts for 2% of sales while the Brand names on the other hand are considered to be a signal of quality is what is classified as MONOPOLISTICALLY COMPETITIVE market.
Airbnb Cost Analysis completed on an Excel tab that outlines the cost that will be incurred to implement the strategy. This information should correspond with the With Strategy on the Projected Financial Statements, linking of cells to the financial statements is encouraged.
The Cost Analysis tab in the Airbnb Excel sheet breaks down expenses, linking them to financial statements for accurate planning. It justifies costs and aids decision-making for strategy implementation.
The Airbnb Cost Analysis Excel tab provides a comprehensive breakdown of the expenses associated with implementing the strategy. It includes detailed information on the various cost categories, such as marketing, operations, technology, and administration.
The costs are linked to the projected financial statements, ensuring accurate financial planning and forecasting.
By linking cells to the financial statements, the Cost Analysis tab enables a seamless flow of information, allowing stakeholders to understand how the proposed strategy will impact the company's financial performance.
This linkage ensures that any changes made to the cost assumptions in the analysis will automatically reflect in the financial statements, providing real-time insights into the projected financial health of the business.
The Cost Analysis tab not only presents the cost figures but also provides explanations and justifications for each expense. This information helps decision-makers understand the rationale behind the cost estimates and evaluate the potential return on investment for each expense category.
By considering the cost implications alongside the projected financial statements, stakeholders can make informed decisions about the viability and profitability of the proposed strategy.
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In order for communities to connect workforce & economic development issues they must:
In order for communities to effectively connect workforce and economic development issues, it is crucial for them to prioritize collaboration and communication between key stakeholders.
This includes local government officials, business leaders, education and training institutions, and community members. One important step is to conduct a thorough analysis of the local economy, including identifying growth industries and potential workforce gaps. This information can then inform targeted workforce development initiatives, such as training programs or apprenticeships, that align with the needs of employers.
It is also important for communities to prioritize supporting local small businesses, as they are often the backbone of the local economy. This can include providing access to resources such as financing and technical assistance. In addition, communities should strive to create a welcoming and inclusive environment for all members of the workforce, including immigrants and other marginalized groups. This can help to attract and retain a diverse and skilled workforce, which can in turn support economic growth.
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3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
If more gas stations are built in the local area, then the supply of gasoline will decrease as a result.
The statement "If more gas stations are built in the local area, then the supply of gasoline will decrease as a result" is not accurate. In fact, the increased number of gas stations would likely lead to an increase in the supply of gasoline.
When more gas stations are built in a local area, it generally leads to an increase in the supply of gasoline. This is because each gas station is a point of distribution for gasoline, and more gas stations mean more outlets for selling gasoline. As a result, the overall supply of gasoline in the local area tends to increase.
An increase in the number of gas stations can have several effects on the supply of gasoline. Firstly, competition among gas stations may lead to lower prices, encouraging consumers to buy more gasoline. This increased demand can incentivize suppliers to increase their gasoline production and supply to meet the growing market demand.
Additionally, with more gas stations available, suppliers may have better access to distribution channels, allowing them to transport and deliver gasoline more efficiently. This improved distribution network can contribute to a more abundant and accessible supply of gasoline in the local area.
Therefore, contrary to the initial statement, the construction of more gas stations typically results in an increase in the supply of gasoline rather than a decrease.
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I need Short Term, Med Term, and Long Term goals for a sports cleat business
Answer:
Short term: Try and sell the one pair of cleats that are used.
Med term: Try and sell Two pairs for a lower price like two pairs for $40
Long term: Try and sell all the cleats before you have to leave the store.
Explanation:
I like goals!
Ross & Company is a wholesaler of hair supplies. Ross uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis:
a. Sold merchandise for cash (cost of merchandise $29,877). $ 53,120
b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $250). 280
c. Sold merchandise (costing $5,605) to a customer on account with terms n/60. 11,800
d. Collected half of the balance owed by the customer in (c). 5,900
e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 166
f. Anticipate further returns of merchandise (costing $170) after year-end from sales made during the year. 290
Compute Net Sales and Gross Profit for Ross.
Ross & Company had net sales of $52,674 and a gross profit of $23,217. A sale on the account and the collection of half the balance owed by a customer do not directly impact net sales or gross profit.
Net Sales is the total amount of revenue earned from sales after deducting any sales discounts, sales returns and allowances. Gross profit, on the other hand, is the difference between net sales and cost of goods sold.
Using the information given in the question, we can compute these figures as follows:
Net Sales = (a) - (b) - (e) = $53,120 - $280 - $166 = $52,674
Cost of Goods Sold = (a) - (b) - (f) = $29,877 - $250 - $170 = $29,457
Gross Profit = Net Sales - Cost of Goods Sold = $52,674 - $29,457 = $23,217
Therefore, Ross & Company had net sales of $52,674 and a gross profit of $23,217.
It's worth noting that transaction (c) doesn't directly impact the calculations for net sales or gross profit since it is a sale on account, meaning it hasn't yet been realized as revenue until payment is received.
The collection of half the balance owed by the customer in (d) does impact the accounts receivable balance, but doesn't affect net sales or gross profit. The anticipation of further returns in (f) is also accounted for separately and doesn't impact the current calculations.
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A manufacturer of a variety of technological devices asked its marketing department to develop inexpensive methods of building and maintaining brand awareness and excitement. The marketing department then recruited consumers who were early adopters of technological devices to spread the word about the company's new products. This is an example of ________.
Answer:
Accountancy There are 6 points on a coordinate plane. The points are (negative 5, 0), (negative 4, 1), (negative 3, 4), (1, negative 2), (2, 4), (5, negative 3).
A domain: {–5, –4, –3, –2, 0, 1, 2, 3, 4, 5}
B domain: {–3, –2, 0, 1, 4}
C domain: {–5, –4, –3, 1, 2, 5}
D domain: {(–5, 0), (–4, 1), (–3, 4), (1, –2), (2, 4), (5, –3)}