How accounting knowledge is beneficial to different business majors is: accounting knowledge helps: in setting prices by brand managers, to forecast revenue by financial analysts, to assess the value of investing options by investment analysts, to determine supply chain options.
What is accounting knowledge?Having knowledge about accounting and how it work is important for business owners as knowledge of accounting can help you to know how to forecast your revenue, how to prepare your financial statement or information etc.
Accounting knowledge can tend to helps in the following:
Accounting knowledge can help brand managers in setting prices.Accounting knowledge can help to financial analyst to forecast revenue.Accounting knowledge can help investment analyst to assess the value of investing options Accounting knowledge can help to know supply chain options.Therefore how accounting knowledge is beneficial to different business majors is: accounting knowledge helps: in setting prices by brand managers,
Learn more about accounting knowledge here:https://brainly.com/question/17018546
#SPJ1
The complete question is:
How is accounting knowledge beneficial to different business majors? Accounting knowledge helps ______.
in setting prices by brand managers
to forecast revenue by financial analysts
to assess the value of investing options by investment analysts
to determine supply chain options
Give all start up costs for opening a salon that has 8 workers with 8 stations and that does everything hair and wax related. Include the quantities for each item and the pricing
Rent/Lease for the salon space: $2,000 - $10,000
Build-out costs: $5,000 - $15,000
Equipment and supplies:
8 stations, chairs, and mirrors: $5,000 - $10,000
8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000
8 hair dryers: $4,000 - $6,000
8 hair washing stations: $8,000 - $12,000
8 hair cutting stations: $8,000 - $12,000
8 waxing stations: $8,000 - $12,000
Hair color, waxing, and other supplies: $5,000 - $10,000
Marketing and advertising costs: $2,000 - $5,000
Legal and accounting fees: $1,500 - $3,000
Insurance (liability, property, and worker's compensation) $2,000 - $5,000
Employee salaries: $8,000 - $12,000
Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000
Note that these numbers are rough estimations, and the cost can vary depending on location and other factors.
1. What is the amount charged for failing to provide a Social Security number on your tax return?
A. $15.00
B. $50.00
C. $75.00
D. $35.00
Answer:
B. $50.00
Explanation:
The penalty for failing to supply the Social Security number when submitting tax returns is $50. The penalty may also apply when one fails to provide the SSN in statements or other documents being submitted to the tax agency.
secondary stakeholders include owners and suppliers. group of answer choices true false
False, the statement is false as it misclassifies owners and suppliers as secondary stakeholders.
Secondary stakeholders typically include groups or individuals who are indirectly affected by a company's activities and decisions, but still have a vested interest in its success. Examples of secondary stakeholders may include customers, employees, local communities, government agencies, and environmental organizations. Owners and suppliers, on the other hand, are considered primary stakeholders as they have a direct relationship and impact on the company's operations and performance.
In the given statement, it incorrectly categorizes owners and suppliers as secondary stakeholders. Owners, who may be shareholders or investors, have a significant financial stake in the company and are directly affected by its performance. Suppliers, on the other hand, are crucial partners in the supply chain and have a direct interest in maintaining a successful relationship with the company. Therefore, owners and suppliers are considered primary stakeholders rather than secondary stakeholders.
the statement is false as it misclassifies owners and suppliers as secondary stakeholders.
To know more about stakeholders follow the link:
https://brainly.com/question/4404879
#SPJ11
If a business is owned by many people, it is called a _____ . A. sole proprietorship. B. corporation. C. limited liability company. D. partnership
Answer:
bbb
Explanation:
When a business is owned by many people, then such a kind of business will be termed as corporation. Hence, Option B is correct.
What is a business?A business is a term which is used to denote the kind of activity that makes a person engaged and so that they can earn money to provide support to their family as well as themselves.
In terms of the monetary sector, with the help of this , they will continue in a smooth and efficient manner. With the help of business, one can earn that much money through which they can move towards master status.
When a person runs a kind of business there, apart from him, many other people will also become owners. It will be referred to as a corporation.
Therefore, Option B is correct.
Learn more about business from here:
https://brainly.com/question/15826604
#SPJ2
Your average weekly take-home wage is $615. You take a one week paid vacation in a second week unpaid vacation. You have calculated your total annual expenses to be 31,320 per year. What is your cash surplus at the end of the year?
Answer:
$45
Explanation:
Here we need to calculate the income of this year.
We know that a year has 52 weeks. And, our payed weeks are 51, they are, the 50 weeks we work plus the one week of paid-vacation. The remaining week does not give us income, as is unpaid. So our total year income is:
51 * $615 = $31,365
So, our surplus will be our income minus our expenses:
Surplus = $31,365 - $31,320 = $45
Our cash surplus is $45
why is maximum number of person in partnership business mentioned in companies act and not in partnership act
The Companies Act and the Partnership Act are two different laws that govern different types of businesses.
The companies act and partnership act-The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.
The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.
To know more about the partnership act -
https://brainly.com/question/994016
#SPJ1
The prosecutor replies that the Bill of Rights does not protect you from state actions. Is the prosecutor correct? Why or why not
Answer:
I would say no, because the bill of rights refers to ALL Americans. I might be wrong tho.
How the business can use creative thinking to solve business problems
Explanation:
Creative thinking helps you to see opportunities in the marketplace or come up with a unique solution to a problem—and isn’t this the cornerstone of any business?
Creativity is key to innovation. When issues come up, you’ll be able to think of ways over, under, or through the roadblocks.
Creativity stimulates the brain and helps us to wake up and pay attention. Noticing more of what’s around us aids in developing novel approaches to help your business stand out.
Creative thinking helps you keep your business presence fresh. You’ll be able to constantly reinvent your business in order to stay in your customers’ awareness.
Creativity helps you shift your perception so you can better understand your customers’ point of view.
Creativity gives you a higher tolerance for risk—you’re used to working through fear of failure.
Creativity improves your leadership skills. Being an effective leader means being creative in your approach and problem-solving. When you have the capacity to let go of the outcome and be open to out-of-the-box thinking, you free your business team up for generating new ideas.
Creativity helps you to broaden your vision of what it means to be successful in your business—what it can offer to the world.
Creativity strengthens your resilience. When those inevitable stressful periods come up, you’re able to bounce back faster instead of getting derailed.
Creativity invites flow and feels good, and when you feel good, you attract your ideal customers and clients.
Can you creatively think of even more ways that creativity can help your business?
Which of the following concepts describes an economy producing at its potential and unemployment at the natural rate of unemployment?
Group of answer choices
a. the foreign price effect
b. full employment GDP
c. stagflation
The concept that describes an economy producing at its potential and unemployment at the natural rate of unemployment is full employment GDP.
Full employment GDP refers to the level of real GDP produced when the economy is operating at full employment, which is when unemployment is at its natural rate and all available resources are being used efficiently. This concept is important for policymakers to understand as it provides a target for economic growth and helps to inform decisions regarding monetary and fiscal policy.
Full employment GDP refers to the total output an economy can produce when all resources, including labor, are utilized efficiently. At this level, the unemployment rate is equal to the natural rate of unemployment, which consists of frictional and structural unemployment but excludes cyclical unemployment. This state indicates a healthy and stable economy, as it is not suffering from excessive inflation (stagflation) or experiencing foreign price effects that could impact trade balances.
To know more about full employment GDP visit:
https://brainly.com/question/30109414
#SPJ11
a debt ratio is aimed at determining if you have adequate liquidity to meet emergencies.
False. a debt ratio is aimed at determining if you have adequate liquidity to meet emergencies.
A debt ratio is a financial ratio that is aimed at determining the proportion of a company's debt to its assets. It measures the extent to which a company is financed by debt, rather than equity. A high debt ratio indicates that a company has a large amount of debt relative to its assets, which can be a sign of financial risk. The debt ratio is not directly related to liquidity, which refers to a company's ability to meet its short-term obligations. However, a high debt ratio can impact a company's liquidity if it has to use a significant portion of its cash flow to service its debt.
Know more about debt ratio here:
https://brainly.com/question/14553933
#SPJ11
Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answer:
wow
Explanation:
I'm gonna type a random answer
1. The right merchandise
We sell only quality products
2. In the right place
Our merchandise is carefully placed for optimum sales
3. At the right time
For seasonal items, we want to be in early and out early
4. In the right quantity
We have a rapid turnover of inventory
5. In the right condition
We sell only high-quality goods
6. At the right price
We sell items for as little as we can
Any activity that aids in the selling of goods to a retail customer is known as merchandising.
In a retail setting, merchandising is the process of creatively exhibiting objects that are for sale in order to persuade buyers to buy additional items or products.
Product quality describes how effectively a product fulfils industry standards, satisfies client demands, and accomplishes its intended function. Businesses examine a number of important elements when assessing the quality of a product, such as whether it solves a problem, functions well, or serves consumers' needs.
The price at which a seller may earn the most is referred to as the ideal pricing. In other words, the price at which the seller makes the most money overall.
To know more about merchandising visit :
https://brainly.com/question/27046371
#SPJ4
If the Fed reduces inflation 1 percentage point and this makes output fall 5 percentage points and unemployment rises 2 percentage points for one year, the sacrifice ratio is
When Fed reduces inflation 1 percentage point and this makes output fall 5 percentage points and unemployment rises, the sacrifice ratio is 5.
What is inflation?It should be noted that inflation simply means the general increase in the price of goods.
The sacrifice ratio is calculated as:
= Output fall / Inflation reduction
= 5%/1%
= 5
The sacrifice ratio is 5.
Learn more about inflation on:
https://brainly.com/question/777738
Urban businesses sold manufactured goods to all levels of society, thus leveling social classes. This newly created material culture was based on
People are often classified based on their level of riches. This newly created material culture was based on social stratification
What is social stratification about?Social stratification is a type of system that group individuals into different kinds of socioeconomic strata using factors like wealth, income, race, education, etc.This kind of system is used in the society to categorizes people, and ranks them in form of hierarchy.
Learn more about social stratification from
https://brainly.com/question/11245837
When should flexibility exercises be performed?
a. at the start of a workout
b. anytime after a muscle is warmed up
c. only in the evening when the muscles will be unused for some time
d. none of these
Flexibility exercises should be performed anytime after a muscle is warmed up, and should be done slowly and gently to prevent injury and improve range of motion.
Flexibility exercises can be performed anytime after a muscle is warmed up. It is not necessary to perform them only at the start of a workout or in the evening when the muscles will be unused for some time. It is important to warm up the muscles before performing any type of exercise, including flexibility exercises. This can be done through light aerobic activity, such as jogging or cycling, or through dynamic stretching.
Once the muscles are warmed up, flexibility exercises can be performed to improve range of motion, prevent injury, and reduce muscle soreness. It is important to perform each stretch slowly and gently, holding each stretch for at least 30 seconds. It is also important to avoid bouncing or forcing the stretch beyond a comfortable range of motion, as this can cause injury.
Learn more about flexibility here:-
https://brainly.com/question/15395713
#SPJ11
Your health insurance plan has a $20 copay for certain covered prescription medications.
You arrive at the pharmacist and pick up your prescription (which is covered under your
plan) which has a list price of $75. How much would you pay the pharmacy?
The amount that you would pay the pharmacy, given your copay and the covered prescription medication, is $20.
What is an insurance copayment ?A copayment for health insurance is a defined dollar amount that is determined by the insurance plan and used to divide the cost of covered treatments between the plan and the consumer. Each plan's cost-sharing system, which details how much you'll actually pay for services, medications, doctor visits, and other expenses, is a key selling factor.
Copays are normally paid at the time of service and are a set dollar amount rather than a portion of the bill. Not all medical procedures require a payment. For instance, some insurance providers don't demand a copay for yearly physicals.
The amount you are to pay the pharmacy therefore, given the insurance plan copay, is $ 20.
Find out more on insurance copay at https://brainly.com/question/19689143
#SPJ1
A good credit rating will cause your mortgage interest rate to be:
A. Higher
B.
Lower
C.
Fixed
D.
Variable
Reset
Next
Answer:
B
Explanation:
If your credit rating is good it should be lowered, it makes sense.
What type of account is used regularly and handles day-to-day
transactions?
A Line of credit
B Money market
C Checking
D Savings
10. What influences consumer purchasing behaviors? (5 points)
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
the cpi was 130.7 in 1990 and 195.3 in 2005. if the cost of household goods in 2005 was $5,400, use the cpi to find the cost of these same household goods in 1990.
Inflation will be 1.21 percent between 2019 and 2020. In 1990, the cost of the items was $3,614.
We know the following from the case:
CPI 2019 = 255.7
CPI 2020 = 258.8
2019–2020 inflation?
CPI 1990 = 130.7
CPI 2005 = 195.3
Price 2005 = $5,400
Price 1990?
We may calculate the rate of inflation using the CPI data for 2019 and 2020 using the following formula:
(CPI Y1 - CPI Y0) x 100 equals inflation.
CPI Y0
In light of the situation, we conclude:
Y1 = 2020
Y0 = 2019
Hence, the inflation rate from 2019 to 2020 is;
(258.8 - 255.7) times 100 equals b.
255.7
1 + inflation
We can use the CPI ratio calculation to get the price of products in 1990, where:
Price Y1 Equals CPI Y1
Price Y0 at CPI Y0
We adopt:
Y0 = 1990
Y1 = 2015
In 1990, the cost of goods was:
195.3 = $5,400
Price Y0 is 130.7.
Y0 price = $3,614
Learn more about cost here:
https://brainly.com/question/30045916
#SPJ4
PLEASE SEND HELP ASAP
Planning for regional natural disasters at work is _______.
a.
good practice
b.
unnecessary
c.
too cautious
d.
unsafe
Please select the best answer from the choices provided
A
B
C
D
Answer:
A. good practice
Explanation:
planning for these disasters can help reduce damage,injuries,even death.
Answer:
A
Explanation:
Just in case something were to happen it would be good to know where to go and what to do. It can prevent deaths and injuries if the real thing were to happen.
“Equivalent income in the city you are moving to” and the “percentage decrease you can take in your salary to still maintain your standard of living”. What do these two sentences mean?
Answer:
The two sentences mean that the "Equivalent income" is the income you can receive in the new city. The "percentage decrease" in salary to maintain your current living standard is the rate of decrease in salary.
Explanation:
For example, if your equivalent income in the new city is $45,000 and your current income is $50,000, and the percentage decrease in salary is 40%, it implies that your living standard may be below $45,000.
Thus, at a salary of $45,000, you can still maintain your living standard with a salary of $30,000 ($50,000 x (1 - 0.4).
Q. Rakesh owns a garment shop. He wants to expand his business but he is confused whether to appoint a manager or go in for a partner. Which is the better option and why?
Answer:
He should appoint a manager.
Explanation:
Rakesh must appoint a manager if he wishes to expand his business of garment shop. The manager will constantly strive to attain the desired goals on behalf of Rakesh. It will give sufficient time to him which he can use in looking for new target markets and customers, new products or items which he can add on to his shop, and much more. Meanwhile, the manager will lead the work and keep ensuring that the employees are working efficiently by motivating them. He will take all the necessary decisions to ensure that the intended profits and goals are achieved.
Advertisers in our economy target society's _____ to make people believe they can't live without a product.
A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
Learn more about business competitors here:
https://brainly.com/question/13948372
#SPJ1
Discuss about the main types of fish available in Nepal.
Answer:
There are many types of fish in nepal but and seven of the major types are:-Mola carplet (Amblypharyngodon mola)
Mola carplet (Amblypharyngodon mola)Bighead carp
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morar
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morarBarred baril
Barnaby baril
Hamilton's barila
Explanation:
I am sure to will get 6 marks out of 6 marks if you submit this answer!
El Niro Inc. is automating processes so the company can meet its demand with a smaller workforce. The CEO asks Megan, the vice president of human resources, for advice on how to address the resulting labor surplus. Megan studies the workforce and observes that many employees are in their 50s and 60s. Furthermore, these employees are the highest-paid workers in every job category. Based on this information, what should Megan suggest as the most effective way of addressing El Niro's labor surplus?
Answer:
Since the highest paid employees are over age 40, they cannot be simply fired since that would represent age discrimination at work, which is strictly prohibited by the Age Discrimination in Employment Act (ADEA).
But Megan can offer different type of early retirement incentives to these employees so that they retire by their own will, e.g. pay them 1 or 2 weeks salary for every year that they worked for the company, age credits so that the employees can benefit from a pension plan, etc.
______is the extent to which workers prefer clear situations.
a. enhances
b. organizational
c. effectiveness.
Organizational is the extent to which workers prefer clear situations.
Who are Workers?A worker is a person who performs manual labor, often in the manufacturing and construction workforces.Workers belong to a class of wage earners whose only substantial material asset is their work.Construction of infrastructures, such as roads, buildings, bridges, tunnels, and railroad tracks, employs laborers.Workers aid other professions like operators or cement masons while using blasting tools, hand tools, power tools, air tools, and small heavy equipment.According to the first-century BC engineer Vitruvius, a skilled labor force is just as important to a building project as any other component. Little has changed in labor procedures aside from the introduction of pneumatics.To learn more about workers with the given link
https://brainly.com/question/3360710
#SPJ4
After asking coworkers to review a project plan, you receive feedback. Your coworker thinks there is a better way to display the data in the business report.You should add a
title
reference
abstract
table
Answer:
table
Explanation:
Davidson company has sales of $100,000, variable cost of goods sold of $40,000, variable selling expenses of $15,000, variable administrative expenses of $5,000, fixed selling expenses of $7,000, and fixed administrative expenses of $9,000. What is davidson’s contribution margin?.
Davidson’s contribution margin for the sale of goods would be : $40,000
What is contribution margin?Contribution margin is a business' sales revenue less its variable costs. The resulting contribution margin can be used to cover its fixed.
Contribution margin is computed as:
= Sales - Total variable cost(Variable cost of goods sold + Variable selling expenses + Variable administrative expenses)
= $100,000 - ($40,000 + $15,000 + $5,000)
= $100,000 - $60,000
= $40,000
Therefore, Davidson’s contribution margin for the sale of goods would be $40,000
Learn more about contribution margin here : https://brainly.com/question/24309427