The potential for growth in science's diverse field is great. It provides a lively work atmosphere as well as a huge space for learning and exploration.
Determine Science-Related Careers Physicist- Physics academics investigate the characteristics of matter, energy, and time. A small group of physicists frequently conduct additional theoretical research to better understand how the universe actually works.Chemist- Chemists are scientists who study the characteristics and interactions of substances.Astronomer- Astronomers study astronomical objects such as galaxies, planets, stars, and black holes.Spacetech- Although while there are undoubtedly feasible job opportunities for science students in industries like medical, engineering, biology, and pharmacy, young people's interest in space sciences is gradually growing.Geology- If you are interested in rocks, the Earth, soil, and land, geology is the field for you. Geologists are specialists in the study of the Earth and soil.What professions are available in technology?Creating computer programs- To ensure the efficient operation of computers, software, and other applications, computer programmers write code.Science of Computing- The development and use of hardware, software, and applications are all covered under the study of computer science.Database management- Database managers and administrators work with a lot of data.Technology of Data- Data scientists utilize a range of scientific methods and algorithms to aggregate data and offer helpful insights.data visualization- Data visualization allows experts to take raw data and visually represent their findings.What does engineering include as a career?Engineering in chemical- Many companies that manufacture paint, medications, or food employ chemical engineers.Engineer for computers- Computer engineers design, develop, install, and maintain software and hardware for a range of businesses.Biomedical engineering engineer- They are in charge of developing hardware, software, and medical equipment for use in operations and computer-assisted surgery. They are engaged in the medical science industry.A mechanical engineer- To solve complex mechanical problems, mechanical engineers use cutting-edge technology to develop creative solutions.Petroleum engineering- Petroleum engineering focuses on developing the optimum procedures for removing gas and oil from onshore and offshore underground resources.What professions fall under mathematics?Market researcher- A market researcher gathers data about customers and competitors for organizations.Instructor in mathematics- A math teacher may work at schools, colleges, or universities depending on their credentials, experience, and competency.Buying manager- Purchasing managers use their aptitude for mathematic problem-solving and analysis every day.Underwriter for insurance- When you apply for insurance, insurance underwriters examine, evaluate, and assess risk on the insurer's behalf.Financial consultant- A financial planner offers advice to both people and corporations on how to manage their finances.Learn more about Geologists: https://brainly.com/question/15465902
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What is form utility?
...help
Answer:
Utilities mean useful features, or something useful to the home such as electricity, gas, water, cable and telephone. Examples of utilities are brakes, gas caps and a steering wheel in a car. Examples of utilities are electricity and water.
hope this helped you
please mark as the brainliest (ㆁωㆁ)
Answer:
Form utility refers to how well a product or service meets the customer's needs.
Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000
You are the financial adviser to one of your clients, a single, 40 yrs. old owner of a trucking/shipping company here in Calgary. Her trucking company is very profitable and the salary she pays herself has averaged $210,000 in each of the last three years. Please examine the following information of that client: $ 1,105 Chequing account balance Saving account balance House 800 1,900,000 45,000 Income taxes owed to government Household effects and personal items 160,500 Automobiles (car, pickup trucks, motorcycles) 115,000 Tax-free savings account 2,300 Visa card balance 2,100 Master card balance 545 Utility bills (gas, electricity, cable, etc.) 470 Mortgage 14,000. (a) Calculate the client’s net worth, by preparing a balance sheet.
(b) Calculate the following ratios: Debt ratio and current ratio
Based on the net worth number that you calculated for the client and the value of the ratios; tell us what kind of financial position would you consider her to be in: strong, weak, average, and explain why you have that opinion.
(c) Do you think your client’s financial position should be different from what it appears to be, on paper, as far as her Net Worth is involved?
Are there any things about the client’s net worth that do not seem to be consistent with other clients that you have, who make similar amounts of money, and have a similar amount of net worth?
The client’s net worth is $1,884,590. The debt ratio by dividing the total liabilities by the total assets. This gives us a debt ratio of 8.6%. The resulting current ratio is approximately 0.98 or 0.98:1. Based on the calculated net worth and ratios, the client appears to be in a strong financial position. Her net worth is substantial, indicating significant wealth accumulation.
(a) The client's net worth can be calculated by subtracting her liabilities from her assets, as follows:
Assets:
- Chequing account balance: $1,105
- Saving account balance: $800
- House: $1,900,000
- Household effects and personal items: $45,000
- Automobiles: $115,000
- Tax-free savings account: $2,300
Total Assets: $2,062,205
Liabilities:
- Income taxes owed to government: $160,500
- Visa card balance: $2,100
- Master card balance: $545
- Utility bills: $470
- Mortgage: $14,000
Total Liabilities: $177,615
Net Worth: Total Assets - Total Liabilities
Net Worth: $2,062,205 - $177,615 = $1,884,590
(b) The debt ratio can be calculated by dividing total liabilities by total assets:
Debt Ratio: Total Liabilities / Total Assets
Debt Ratio: $177,615 / $2,062,205 ≈ 0.086 or 8.6%
The current ratio can be calculated by dividing current assets (chequing account balance and saving account balance) by current liabilities (visa card balance, master card balance, and utility bills):
Current Ratio: (Chequing account balance + Saving account balance) / (Visa card balance + Master card balance + Utility bills)
Current Ratio: ($1,105 + $800) / ($2,100 + $545 + $470) ≈ 0.98 or 0.98:1
Based on the net worth and the values of the ratios, the client appears to be in a strong financial position. With a positive net worth of $1,884,590, it indicates that her assets exceed her liabilities. The debt ratio of 8.6% suggests that a small portion of her assets is financed by debt, indicating low financial risk.
Additionally, the current ratio of 0.98:1 indicates that she has sufficient current assets to cover her current liabilities, implying good short-term liquidity.
(c) On paper, the client's net worth seems to be consistent with her income level and amount of net worth. However, it's important to consider other factors such as her investment portfolio, retirement savings, and any potential future financial obligations.
It would be advisable for the client to work with a financial advisor to review her overall financial situation and ensure she is adequately diversifying her assets, planning for retirement, and managing any potential risks or financial goals.
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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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Nylah and Tyler plan to send their daughter to university. To pay for this they will contribute 12 equal yearly payments to an account bearing interest at the APR of 7.9%, compounded annually. Four years after their last contribution, they will begin the first of five, yearly, withdrawals of $43,000 to pay the university's bills.
How large must their yearly contributions be?
Nylah and Tyler must make yearly contributions of approximately $22,171.35 to accumulate enough funds to cover their daughter's university expenses. We can use the concept of present value (PV) and annuities.
To determine the size of Nylah and Tyler's yearly contributions, we can use the concept of present value (PV) and annuities.
Given information:
Interest Rate (APR) = 7.9% per year
Compounding Period = Annually
Number of Contribution Payments = 12
Number of Withdrawal Payments = 5
Withdrawal Amount = $43,000 per year
Step 1: Calculate the Present Value (PV) of the withdrawal payments.
Using the formula for the present value of an annuity:
PV = Withdrawal Amount * (1 - (1 + Interest Rate)^(-Number of Withdrawal Payments)) / Interest Rate
PV = $43,000 * (1 - (1 + 0.079)^(-5)) / 0.079 ≈ $171,992.58
Step 2: Calculate the Equivalent Annuity Payment.
Now that we have the present value of the withdrawal payments, we need to calculate the equivalent annuity payment that Nylah and Tyler need to contribute annually to accumulate this amount.
Using the formula for the present value of an annuity:
PV = Equivalent Annuity Payment * (1 - (1 + Interest Rate)^(-Number of Contribution Payments)) / Interest Rate
$171,992.58 = Equivalent Annuity Payment * (1 - (1 + 0.079)^(-12)) / 0.079
Solving for Equivalent Annuity Payment:
Equivalent Annuity Payment ≈ $171,992.58 * (0.079 / (1 - (1 + 0.079)^(-12))) ≈ $171,992.58 * 0.079 / 0.614 ≈ $22,171.35
Therefore, Nylah and Tyler must make yearly contributions of approximately $22,171.35 to accumulate enough funds to cover their daughter's university expenses.
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PLZ HELP I AM TIMED!!!!!!
Which describes careers that have similar education requirements but different qualifications?
Product Safety Engineers and Materials Engineers
Industrial Safety Engineers and Industrial Health Engineers
Quality Control Systems Managers and Inspectors
Industrial Safety and Health Engineers and Hand Packers
Industrial Safety and Health Engineers and Hand Packers are careers that have similar education requirements but different qualifications. Thus, option 'D' is the correct option.
What is the educational qualification?A certificate, diploma, or degree that attests to the successful completion of a course of study or a particular stage of a course is referred to as having educational qualifications. The accomplishment of certain learning objectives, which are often confirmed by the evaluation of gained information, skills, and competencies, is referred to as successfully completing an educational program. Credential and "qualification" are the same thing.
Completing an entire education program successfully and receiving a certificate, diploma, or degree from a school with academic accreditation. The primary consideration in determining whether to grant a certificate, diploma or degree must be student performance, not attendance. Accredited educational institutions, as well as provincial, territorial, or federal governments, may award these credentials.
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Answer:
I think it’s d
Explanation:
maybe d
What is the richest person in the world right now?
What is the best money making job in the U.S?
Can you get your job back after getting fired?
Answer all please.
Brainliest included.
Thank you.
Suppose that the demand curve for chairs in Euroland is given by QD = 800,000 − 6,000P, and that the supply curve is given by QS = 14,500P - 225,000. The equilibrium price is €50. The government is thinking about imposing a tax of €10 on chairs. The price received by suppliers after the tax is
Answer:
€57.07
Explanation:
Given that:
The equilibrium price = € 50
Suppose that the government is imposing tax of €10 on chairs;
Then:
QS = 14500(P-10) - 225000
QS = 14500P- 145000 - 225000
QS = 14500P - 370000
Now, we have to equate QD with the new QS
By equating both together, we have:
800000 - 6000P = 14500P - 370000
Collect like terms
800000 + 370000 = 14500P + 6000P
1170000 = 20500P
Making P the subject of the formula;
P = 1170000/20500
P = € 57.07
This implies the price received by suppliers after the tax is €57.07.
Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by drought, and that this will cause the price of peanuts to more than double by the end of the year. As a result,
a. Skippy’s demand for peanut butter decreases as he considers buying almond butter.
b. Skippy’s demand for peanut butter will increase, but not until the end of the year.
c. Skippy’s demand for peanut butter shifts left today.
d. Skippy’s demand for peanut butter increases today.
Answer:
d. Skippy’s demand for peanut butter increases today.
Explanation:
The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.
In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.
Given the current status of the U.S. economy—a slow recovery from a severe, pandemic-induced economic downturn, relatively high unemployment, moderate inflation, and an enormous national debt level—what aggregate demand policy would you recommend as the single most important course of action needed to address the current status of the U.S. economy?
Why do you believe that your recommended course of action will be successful in improving the current performance level of the U.S. economy?
To address the current state of the U.S. economy, implementing expansionary fiscal policy through increased government spending and/or reduced taxes would be recommended. This can stimulate spending, boost aggregate demand, and improve economic performance.
Based on economic principles, during a slow recovery with high unemployment, a recommended aggregate demand policy would be an expansionary fiscal policy. This involves increasing government spending and/or reducing taxes to stimulate consumer and business spending, thus boosting aggregate demand.
Expanding government spending can create job opportunities, leading to increased employment levels. Reducing taxes puts more money in consumers' pockets, encouraging them to spend more, which can further stimulate economic activity. These measures aim to increase overall spending, leading to increased production, job creation, and economic growth.
The effectiveness of expansionary fiscal policy depends on various factors such as the magnitude of the stimulus, timing, and efficiency of spending. It also requires careful management to ensure fiscal sustainability and avoid excessive inflation or further accumulation of the national debt. Implementing such policies alongside measures to address structural issues and promote long-term economic growth can contribute to improving the overall performance of the U.S. economy.
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A2
A2. (LO 2) Revvit is an online motorcycle equipment store that sells motorcycle helmets, boots, jackets, and more. With no brick-and-mortar stores, Revvit relies on many systems to provide an excellen
Revvit uses multiple systems, including inventory management, order processing, and customer service systems, to offer an exceptional online shopping experience. These systems work together seamlessly to provide accurate product information, efficient order processing, and excellent customer support.
Revvit is an online motorcycle equipment store that operates without physical stores. To ensure a top-notch shopping experience, Revvit relies on various systems. These systems help to provide excellent service, manage inventory, process orders, and handle customer inquiries.
One important system used by Revvit is the inventory management system. This system keeps track of the available stock of motorcycle helmets, boots, jackets, and other items. It ensures that customers can view accurate product information and make purchases based on real-time stock availability.
Additionally, Revvit employs an order processing system. When a customer places an order, this system takes care of order verification, payment processing, and fulfillment. It ensures that customers receive their purchased items promptly and accurately.
Moreover, Revvit utilizes a customer service system to handle inquiries and provide support. This system allows customers to reach out with questions, concerns, or requests. A dedicated team is responsible for responding to these inquiries promptly and providing the necessary assistance.
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A franchise agreement is a ______ whereby the ______ grants permission to the ______ to use the grantor's name, trademark, or copyright in the operation of a business and the associated sale of goods in return for payment.
A franchise agreement is a legal document whereby the franchisor grants permission to the franchisee to use the franchisor's name, trademark, or copyright in the operation of a business and the associated sale of goods in return for payment.
The franchise agreement outlines the terms and conditions of the franchise relationship, including the obligations and responsibilities of both parties.
The franchisor agrees to provide the franchisee with the necessary training, support, and assistance to establish and operate the franchise business. In addition, the franchisor typically provides the franchisee with a proven business model, marketing strategies, and access to proprietary products, services, or technologies.
The franchisee, on the other hand, agrees to pay the franchisor an initial fee and ongoing royalties for the right to use the franchisor's name, trademark, or copyright. The franchisee also agrees to comply with the franchisor's operating standards, quality control requirements, and other rules and regulations.
The franchise agreement typically specifies the term of the franchise, the geographic territory in which the franchisee may operate, and any restrictions on the franchisee's business activities. In addition, the agreement may include provisions for renewal, termination, or transfer of the franchise.
Overall, a franchise agreement is a complex legal document that establishes a long-term relationship between the franchisor and the franchisee. It is important for both parties to carefully review and understand the terms and conditions of the agreement before signing it.
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In a purchases-payables computer system, a purchase order is created after which document has been processed?
If one of Mary’s twins was born on December 31, 2019 and the other twin was born on January 1, 2020, on her 2019 US tax return, she can only claim one child tax credit for her twin born in 2019.
True
False
False. Mary can claim the child tax credit for both of her twins, even though they were born in different tax years. The birth dates of the twins do not affect her eligibility to claim the child tax credit for each child, as long as they meet the necessary criteria established by the IRS .
Mary can claim a child tax credit for both of her twins, even though they were born in different tax years (2019 and 2020). The child tax credit is generally available for qualifying children who meet the eligibility criteria, regardless of their birth date within the tax year.
To claim the child tax credit, Mary must meet certain requirements, such as the child being under the age of 17, the child being her dependent, and meeting the income threshold. As long as both twins meet the eligibility criteria, Mary can claim the child tax credit for each of them on her respective tax returns.
The Internal Revenue Service (IRS) determines eligibility for the child tax credit based on the child's relationship to the taxpayer, age, residency, support, and other factors. The birth dates of the twins do not disqualify Mary from claiming the child tax credit for both of them.
It's important to note that tax laws and regulations can change over time, so it's always advisable to consult the most recent tax guidelines or seek advice from a tax professional to ensure accurate and up-to-date information regarding tax credits and eligibility.
Mary can claim the child tax credit for both of her twins, even though they were born in different tax years. . The birth dates of the twins do not affect her eligibility to claim the child tax credit for each child, as long as they meet the necessary criteria established by the IRS . It is recommended to consult the current tax laws or seek guidance from a tax professional for specific information regarding tax credits and eligibility.
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Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.
Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
A.Start a moderate portfolio and shift to high risk later in life.
in luce
B.Invest only in national companies.
C.Buy 100% international stocks.
D. Choose a high-risk portfolio now and change it, if needed, in the future.
Answer:
A.Start a moderate portfolio and shift to high risk later in life.
Explanation:
Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.
In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.
With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Where do you report a stolen credit card to efta standards or pci standards
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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what is business and what is occupation
Answer:
Business:
A person's regular occupation, profession, or trade.
Occupation:
A job or profession.
Explanation:
I looked them up in a dictionary.
Please mark me brainliest! I need it! Please!
Louis files as a single taxpayer. In April of this year, he received a $900 refund of state income taxes that he paid last year.
How much of the refund, if any, must Louis include in gross income under the following independent scenarios? Assume the standard deduction last year was $12,400. (Leave no answer blank. Enter zero if applicable.)
a. Last year Louis claimed itemized deductions of $12,650. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
b. Last year Louis had itemized deductions of $10,800 and he chose to claim the standard deduction. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
c. Last year Louis claimed itemized deductions of $13,840. Louis’s itemized deductions included state income taxes paid of $2,750 and no other state or local taxes.
Refund to be included in gross income.....?
the refund to be included in gross income is $0.
a. In scenario a, Louis claimed itemized deductions of $12,650, which included state income taxes paid of $1,750. Since Louis received a refund of $900 of the state income taxes paid last year, he must include the refund amount in his gross income. Therefore, the refund to be included in gross income is $900.
b. In scenario b, Louis had itemized deductions of $10,800 but chose to claim the standard deduction. Since Louis did not itemize his deductions for state income taxes paid, he does not need to include the refund in his gross income. Therefore, the refund to be included in gross income is $0.
c. In scenario c, Louis claimed itemized deductions of $13,840, which included state income taxes paid of $2,750. However, since the standard deduction last year was $12,400, Louis would have been better off claiming the standard deduction. Therefore, Louis did not actually pay the state income taxes of $2,750. As a result, he does not need to include the refund in his gross income.
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How should the headings of a resume be formatted so that they are clear and easy to find?
a. bold and italicized
b. capitalized and bold
c. underlined and italicized
d. capitalized and underlined
Answer:
B. capitalized and bold
Explanation:
Please mark my answer as the Brainiest!!!
Got it correct on Edge.
hat is a monopoly?
A monopoly is
A.
a firm in a competitive market with many other sellers.
B.
a firm in a market with a small number of independent firms that compete.
C.
a firm that is the only seller of a good or service that does not have a close substitute.
D.
a firm in a market with other firms that sell similar but not identical products.
E.
a firm that is the only buyer of a factor of production.
Answer:
I believe the answer that you're looking for is D
Explanation:
Quinton has built a computer by plugging his CPU into the motherboard, adding RAM and ROM, connecting an SSD card and power cables, and adding a monitor, keyboard, and mouse. Now he is ready to use the computer. What programs and instructions will he need to finish the process and actually run his new computer?
A. software
B. hardware
C. peripherals
D. extension cards
Based on the available information and the computer structure and operation, the programs and instructions Quinton will need to finish the process and run his new computer's Software.
What are software Programs?Software programs is a computer technology term that is used to describe the set of code and instructions that instructs a computer how to run and execute specific tasks.
Usually, a single computer can conduct numerous functions simultaneously, based on the installed software programs.
In this case, since the CPU, motherboard, RAM and ROM, SSD card, power cables, monitor, keyboard, and mouse are all hardware, then for a computer to complete and function well, there must be a software program.
Examples of software programs are:Microsoft WordMicrosoft ExcelPowerPointAdobe IllustratorCore DrawInternet Browser, etc.Hence, in this case, it is concluded that the correct answer is option A Software.
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Which source document tells me what goods are in the box? A) Picking Slip B) Sales Invoice C) Receiving Report D) Sales Order E) None of these.
A) Picking Slip. The source document that tells you what goods are in the box is the Picking Slip.
A packing slip is a piece of paper used while selecting and packaging products for delivery to clients. It usually comprises a list of the things that need to be chosen, how many of each, and where they are in the warehouse. The warehouse workers will use this document, which was created from a sales order, as a reference to find and collect the products from the shelves. Once the products have been selected, they are packaged into a box or container together with the packing slip to verify that the buyer receives the exact things. As a result, the packing slip, which identifies the precise products that were chosen and packaged for the customer's purchase, is the document that first informs you of the contents of the box.
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be my friend and u get brainly and 100 points
Answer:
hi friend
Explanation:
The federal reserve can affect you through
As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
What are some hazards in this workplace picture?
Answer:
im thinking the knife and the fire
Explanation:
The duty owed under the mitigation of damages doctrine depends on the nature of the contract. True or false
True. The duty owed under the mitigation of damages doctrine depends on the nature of the contract.
The mitigation of damages doctrine requires a party who has suffered a loss as a result of a breach of contract to take reasonable steps to mitigate or minimize the damages that have been suffered. However, the extent of this duty to mitigate will depend on the nature of the contract and the specific circumstances surrounding the breach.
In some contracts, such as employment contracts, the duty to mitigate damages may require the injured party to seek out and accept comparable employment. In other contracts, such as construction contracts, the duty to mitigate damages may require the injured party to take reasonable steps to reduce the costs associated with the breach, such as by hiring a new contractor to complete the work at a lower cost.
Ultimately, the duty to mitigate damages is intended to ensure that the party who has suffered a loss as a result of a breach of contract takes reasonable steps to minimize that loss, and that the other party is not required to pay for damages that could have been avoided through reasonable efforts.
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The accounts receivable turnover is computed by dividing a. Total sales by average net accounts receivable. B. Net credit sales by average net accounts receivable. C. Total,sales by ending net accounts receivable. D. Net credit by ending net accounts receivable.
The accounts receivable turnover is computed by dividing option (B). net credit sales by average net accounts receivable.
The accounts receivable turnover ratio is a financial metric used to assess the efficiency of a company's credit and collection processes. It measures how quickly a company collects payments from its customers. The formula to calculate the accounts receivable turnover is by dividing net credit sales by the average net accounts receivable.
Net credit sales represent the total sales made on credit during a specific period, excluding cash sales. It reflects the amount of credit extended to customers. Average net accounts receivable, on the other hand, is calculated by taking the average of the beginning and ending net accounts receivable balances over a period.
By dividing net credit sales by average net accounts receivable, the accounts receivable turnover ratio indicates the number of times, on average, that a company collects its outstanding receivables within a given period.
A higher turnover ratio generally indicates that a company is efficient in collecting payments from customers, while a lower ratio suggests potential issues with credit and collection management. This ratio is valuable for assessing the effectiveness of a company's credit policies and evaluating the liquidity of its accounts receivable.
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The accounts receivable turnover is computed by dividing the net credit sales by the average net accounts receivable.
To calculate the accounts receivable turnover, you need two pieces of information: net credit sales and average net accounts receivable.
Net credit sales refer to the sales made on credit, excluding any cash sales. It represents the revenue generated from credit transactions.
Average net accounts receivable is the average amount of money owed to a company by its customers over a specific period. It is calculated by adding the beginning and ending balances of accounts receivable and dividing the sum by two.
Dividing the net credit sales by the average net accounts receivable gives you the accounts receivable turnover ratio. This ratio measures how efficiently a company collects its receivables during a given period. A higher ratio indicates better receivables management.
For example, if a company had net credit sales of $100,000 and an average net accounts receivable of $50,000, the accounts receivable turnover would be 2 ($100,000 / $50,000). This means that, on average, the company collects its receivables twice a year.
Therefore, the correct answer is B. Net credit sales by average net accounts receivable.
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The step in which a salesperson meets the customer for the first time is the __________ step of the creative selling process.
The step in which a salesperson meets the customer for the first time is the approach step of the creative selling process.
Who is a saleperson?A salesperson can be defined as the person whose sole reponsibilities is to market and sell a company product to potentials customers or buyers.
When a sales person meet a customer for the first time, the sales person need to first approach the customers before marketing a product to the customer.
Therefore the step in which a salesperson meets the customer for the first time is the approach step.
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