One important thing to remember is that all of this information technology is created to aid in the process of acquiring knowledge. Knowledge still resides in people, but information systems have been created to capture the specialized knowledge and decision rules used by others, the process behind __________ .a. expert systemsb. executive servicesc. corporate portals
Answers
The conception bandied in the question is about Expert systems.
An expert system is a computer program that uses artificial intelligence technologies to put on the judgment and bearing of a natural or an association that has experience and experience in a particular field. Expert systems are generally intended to complete, not replace, natural experts.
One important thing to flashback is that all of this information technology is created to support the process of acquiring knowledge. Knowledge still resides in people, but information systems have been created to capture the technical knowledge and decision rules used by others.
Expert systems accumulate experience and data in a knowledge base and integrate them with a conclusion or rules machine- a set of rules for applying the knowledge base to situations handed to the program.
To know more about Expert systems.
brainly.com/question/29767485
#SPJ4
Related Questions
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Answers
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
Learn more about Labor efficiency variance, here
https://brainly.com/question/28013719
#SPJ1
operations management course concept
Answers
The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.
This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.
Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.
The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.
For more questions on: customer
https://brainly.com/question/15096946
#SPJ8
Question 7 of 10
If you borrow $2,000 at 5 percent simple interest, how much will you owe
after one year?
A. You will owe 5 percent of the principal only.
OB. You will owe the principal of $2,000 only.
C. You will owe the principal of $2,000 plus 5 percent of the principal.
D. You will owe the principal of $2,000 minus 5 percent of the
principal.
Answers
You will owe the principal of $2,000 plus 5 percent of the principal.The correct answer to this question is C.
Simple interest is calculated by multiplying the principal by the interest rate and the time period. In this case, the principal is $2,000 and the interest rate is 5 percent. After one year, the interest accrued would be $100 (5% of $2,000).
Therefore, the total amount owed after one year would be $2,100 ($2,000 principal + $100 interest). It is important to note that simple interest is calculated only on the principal amount borrowed, and not on any interest that has already accrued.
Additionally, the interest rate is usually expressed as an annual rate, so it is important to adjust the time period accordingly if the loan term is less than one year. The correct answer to this question is C.
For more such questions on principal visit:
https://brainly.com/question/30163719
#SPJ11
Question 1
A) Sarah has an apple and Ava has a bag of chips. Sarah would rather consume the bag of chips, and Ava would prefer to consume the apple. Which of the following is an example of bartering?(1 point)
Sarah pays Ava $1 for her bag of chips.
Ava pays Sarah $1 for her apple.
Sarah trades her apple for Ava's bag of chips.
Sarah and Ava consume the goods they currently possess.
Question 2
A) Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and services. In this case, gold is functioning as a(n)(1 point)
store of value.
unit of account.
fiat money.
medium of exchange.
Question 3
A) Consider a hypothetical economy in which rice functions as money. In addition to being valued as money, rice is valued as a consumer good. In this scenario, rice is said to be(1 point)
fiat money.
representative money.
currency.
commodity money.
Question 4
A) Elementary school students often trade food items at lunch in an effort to have the best lunch possible. In one elementary school, pudding cups have become so popular that they have become a unit of account. This means that(1 point)
a pudding cup will likely have the same purchasing power tomorrow as it does today.
a pudding cup entitles its holder to a share of some valuable asset.
students are eager to accept pudding cups in exchange for any lunch item.
the price of other lunch items is expressed in quantities of pudding cups.
Question 5
A) Which of the following illustrates the difference between the U.S. dollar, a form of fiat money, and a U.S. gold certificate, a representative currency?(1 point)
A U.S. dollar does not have value in addition to its value as money.
A gold certificate does not represent a claim to some specific asset.
A gold certificate does not have value in addition to its value as money.
Answers
1. An example of bartering is Sarah trades her apple for Ava's bag of chips.
2. Gold has historically functioned as money because it is a medium of exchange.
3. In the hypothetical economy, rice is said to be a commodity money.
4. When Pudding cups serve as a unit of account, it means that the price of other lunch items is expressed in quantities of pudding cups.
5. The difference between the U.S. dollar, and a U.S. gold certificate is a U.S. dollar does not have value in addition to its value as money.
Trade by barter is when people exchange goods with goods. Money is not used in a trade by barter. Trade by barter was used before the invention of money. For example, a trade by barter occurs when Sarah trades her apple for Ava's bag of chips.
Commodity money is money for which its value comes from the commodity from which it is made.
Fiat money is currency whose value is not backed up by any asset. Representative money is money whose value is backed up an asset.
Money can be described as something that is accepted as a means of payments for products.
Functions of money
1. Medium of exchange: money serves as a medium of exchange when it is accepted as payment for goods and services. For example, 2 ounces of gold is accepted as means of payment for a dress.
2. Unit of account: money can be used to determine the value goods and services, For example, 2 cups of puddings is equivalent to plate of fruits.
3. Store of value: money can retain its value over the long term, this it can be used as a store of value.
To learn more about money, please check: https://brainly.com/question/14816216?referrer=searchResults
Answer:
1. Sarah trades her apple for Ava's bag of chips.
2. medium of exchange.
3. commodity money.
4. the price of other lunch items is expressed in quantities of pudding cups.
5. U.S dollars does not represent a claim to some specific assets
What did Ray Kroc feel about churches and courthouses?
Answers
He advertised, "In business for yourself, but not by yourself." His idea was founded on the simple principle of a three-legged stool, with one leg representing McDonald's franchisees, the second representing McDonald's suppliers, and the third representing McDonald's employees.
The McDonald brothers were more concerned about product quality and consumer satisfaction. Ray was more interested with making money by rapidly expanding the business. As a result, they had disputes, and their phone conversations were brief. Throughout the creation of the McDonald empire, Kroc faced numerous hurdles, including improper franchisees, high electrical costs due to ice cream, difficult debates and arguments with his partners, financial troubles, and divorce.
To learn more about business, click here.
https://brainly.com/question/15826771
#SPJ1
A stock is expected to pay dividends of $1.20 per share in Year 1 and $1.35 per share in Year 2. After that, the dividend is expected to increase by 2.5% annually. What is the current value of the stock at a discount rate of 14.5%
Answers
Answer:
$10.8734
Explanation:
The computation of the current value of the stock is shown below:
D1 = $1.20
D2 = $1.35
D3 = 1.35 × 1.025 = 1.38375
g = 2.5% = 0.025
Now as we know that
P2 = D3 ÷ (r - g)
where,
Price in year 2 = P2 = $1.38375 ÷ (0.145 - 0.025)
= $11.53125
So Current Price is
= $1.20 ÷ 1.145 + $1.35 ÷ 1.145^2 + $11.53125 ÷ 1.145^2
= $10.8734
plagerism COMPARISON OF PRIMARY AND SECONDARY RESEARCH
Primary research is the first research that is involved in collecting data. The primary researcher assembles first-hand information to form the basis of systematic analysis, rather than utilizing available data. Generally speaking, research is largely based upon specific needs, which often necessitates a large number of highly qualified individuals. Because of this, this type of research gives the researcher full control of the data, making it extremely useful in fast-paced environments. This is why many companies outsource market research to third parties. Unlike secondary research, primary research grants the investigator 100% control over the study data, which makes it extremely valuable."
In secondary research, the secondary researcher does not have to gather first-hand information. In addition, research helps avoid knowledge repetition by mapping out previous research efforts, allowing the original researcher to concentrate on new areas of inquiry. On the other hand, research builds upon already gathered data to develop a systematized investigation. This implies that data is not actively collected by the researcher. In secondary research, the researcher does not acquire secondary data, so he or she cannot confirm the accuracy of the research materials. Secondary research can be accomplished relatively quickly and with few resources because the study data already exists unlike primary research, which is time-consuming and expensive.
Answers
thanks for the answer...
Which of the following statements about indentation in formal reports is correct?
of
Select one:
O a. The first line of each single-spaced paragraph should be indented.
estion
O b. Double-spaced paragraphs do not need to be indented.
O c. There is no standard distance of indentation.
O d. Indents should be different sizes depending on whether or not the paragraph follows
an illustration.
O e. Indents should be no more than 1/2 inch.
Answers
Answer:
c. There is no standard distance of indentation.
Explanation:
The correct statement about indentation in formal reports is, " There is no standard distance of indentation."
The above information is accurate in the sense that when formatting a formal report, indenting paragraphs can be one-half inch. However, another standard method is to insert a blank line between paragraphs, thereby indenting the paragraphs will not be necessary.
Also, in some cases, indentation size dependent on the font size. For example, a formal report of 12-pt font requires an indentation of about 12 points.
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Answers
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
Read more about Entrepreneurs
brainly.com/question/29733441
#SPJ1
You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture
Answers
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
What is Accounting?Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
Learn more about Credit card at https://brainly.com/question/27123519
#SPJ1
Which time-management tool helps you analyze which tasks are most important and whether to "do", "defer", "delegate", or "delete"?
Online calendar
Time management matrix
Learning management system Daily planner
Answers
The time-management tool helps you analyze which tasks are most important and whether to "do", "defer", "delegate", or "delete" is: Time management matrix.
What is time management matrix?Time management matrix can be defined as a matrix they enables people to effectively manage their time and this matrix help to prioritize tasks from the most important tasks to the least important tasks.
Time management matrix is important for those people that want to learn how to manage their time so as to complete their tasks within a stipulated period of time.
Therefore the time-management tool helps you analyze which tasks are most important and whether to "do", "defer", "delegate", or "delete" is: Time management matrix.
Learn more about Time management matrix here:https://brainly.com/question/24662469
#SPJ1
The Second Circuit and Eleventh Circuit Courts of Appeal affirmed dismissal of securities fraud claims because the plaintiffs did not adequately plead scienter under the standard imposed by the Private Securities Litigation Reform Act of 1995. Scienter is defined as which of the following?(a) The standard of reasonableness required of a prudent person in the management of his affairs(b) An untrue statement of a material fact(c) The intent to deceive, manipulate, or defraud(d) The failure to maintain due diligence during the issuance of new securities known as an IPO
Answers
Answer:
Option C
Explanation:
In simple words, scienter relates to the psychological condition where one is conscious that his or her acts, words, etc., are false, dishonest or unlawful: sometimes seen as a presumption of guilt. Scienter can be defined as the legal term as well for malicious intentions or knowledge and understanding.
An offending entity then has prior information of an act or event's "wrongness" before actually perfroming it. For instance if an individual sells his friend an old car with car brakes that don't work but the seller doesn't know at all about the brake pad problem, then the seller doesn't have a scienter.
c) “Shadow price is the increase in value created by having one additional unit of a limiting resource at original cost”. Provide a comprehensive real world example of where a shadow price can be calculated with multiple limiting factors and with more than one product. Your answer should be in a form of a short case study roughly 4 or 5 sentences. (5 marks)
Answers
A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.
How is this so?Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.
Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).
Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?
When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.
Learn more about Shadow pricing:
https://brainly.com/question/30695369
#SPJ1
when u make a website is it supposed to have a credit card number?
Answers
Answer:
yes it does! always.
Explanation:
it will always have one
explain 5 ways in which business studies is a living subject
Answers
Five ways in which business studies is a living subject:
Evolving technologiesEconomic shiftsChanging consumer preferencesSustainability and ethical issuesGlobalizationHow is business studies a living object ?Business studies is an ever-evolving subject that continuously updates itself to reflect the latest developments and trends in the contemporary business environment. The dynamic global economy, characterized by recessions, inflation, and changing trade policies, can have significant consequences on businesses. It compels them to adapt quickly in order to remain profitable.
Furthermore, as society shows a growing inclination towards sustainability and ethical concerns, businesses must incorporate these principles into their practices. This highlights the importance of keeping up-to-date with these changes for students studying in business studies so they can gain success in today's innovative business world.
Find out more on business studies at https://brainly.com/question/28808857
#SPJ1
Economical Environment
Political Environment
Social Environment
Legal Environment
Technological Environment
Which of the following types of authority can create problems of overlapping authority?
A)Line authority
B)Staff authority
C)Functional authority
D)Department authority
Answers
Functional authority is the authority that can create problems of overlapping authority.
What is meant by functional authority?This is the term that is used to refer to the specific right that is delegated to a person in an organizational that would need him to have control of specific functions in the organization. This is one that controls the functions and the other departments that the individuals in the business handle.
Hence from the definition that we have here, we can say that the Functional authority is the authority that can create problems of overlapping authority.
Read more on authority here: https://brainly.com/question/507147
#SPJ1
s
d. The amount a person would have to deposit today to be able to take out $500 a year for 5 years from an
account earning 8 percent. (Round your factor to 3 decimal places and final answer to 2 decimal places.)
Answers
The amount which would allow a person to take out $500 per year for 5 years from an account at 8 % would be $ 1, 996.36
How to find the amount ?The amount that would allow a person to be able to access $ 500 every year for 5 years in an account earning 8 % would be the present value of that amount of $ 500 for five years.
This $ 500 is an annuity so the present value would be the present value of an annuity.
The present value would be :
= Amount deposited x Present value interest factor of annuity, 8%, 5 years
= 500 x 3.9927100370781
= $ 1, 996.36
Find out more on accounts at https://brainly.com/question/23553423
#SPJ1
give at least 2 diffrences of entrepreneurs and intrapreneurs."
Answers
Answer:
The main difference between an entrepreneur and intrapreneur is that an intrapreneur is already an employee of an existing organization or buissness, while the entrepreneur creates and oversees a new organization or buissness. Another difference is when an entrepreneur introduces an idea, they are usually introducing a new idea that doesnt already exist or belong to a company. an intrapreneur on the other hand promotes an idea innovation within the already existing company. Also, an intrapreneur is usually an "inside entrepreneur" within an inside co. while an entrepreneur is typically in a larger firm.
Explanation:
I hope this helps have a great day:)
Which of the following forms of argumentation is not commonly used in aesthetic reasoning?
Analogy
Statistical syllogism
Definition
Answers
In aesthetic reasoning, the form of argumentation that is not commonly used is Option B. Statistical syllogism.
Aesthetic reasoning focuses on the subjective and qualitative aspects of art, beauty, and expression. It involves analyzing and evaluating the aesthetic qualities and experiences associated with a particular artwork, object, or concept. In this context, arguments are often based on personal preferences, individual interpretations, and emotional responses rather than empirical data or statistical evidence.
A. Analogy is a form of argumentation commonly used in aesthetic reasoning. It involves comparing similarities between different objects, experiences, or concepts to support a particular aesthetic judgment or interpretation. By drawing parallels and making connections, analogy helps to explain and communicate aesthetic qualities, associations, or meanings.
C. Definition is another form of argumentation frequently used in aesthetic reasoning. It involves providing clear and precise explanations of key terms, concepts, or aesthetic categories to facilitate understanding and analysis. By defining terms such as beauty, harmony, or expression, individuals can establish a framework for discussing and evaluating aesthetic qualities.
However, statistical syllogism, which relies on statistical data and generalizations, is not commonly used in aesthetic reasoning. Aesthetic judgments are typically subjective and personal, based on individual experiences and perceptions. Statistics and generalizations may not adequately capture the nuances, complexities, and subjective nature of aesthetic experiences.
In summary, while analogy and definition are commonly used in aesthetic reasoning, the statistical syllogism is not typically employed due to the subjective nature of aesthetic judgments. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Which of the following forms of argumentation is not commonly used in aesthetic reasoning?
A. Analogy
B. Statistical syllogism
C. Definition
Know more about Analogy here:
https://brainly.com/question/31569248
#SPJ8
Why do you think consistency is so important between the Loan Estimate and the Closing Disclosure?
Answers
Answer:
~Senpi boi here~
I think that the consistey is so important between the Loan Estimate and the Closing Disclosure is because this can help you understand all the costs involved in getting a mortgage and make it harder for lenders to take advantage of you. And to identify any discrepancies. Also the Loan Estimate shows what you may pay. The Closing Disclosure shows what you will pay.
(Hope this helps!)
In order to understand all the costs associated with obtaining a mortgage and to spot any differences, consistency between the Loan Estimate and the Closing Disclosure is crucial. The Closing Disclosure displays what you will pay, whereas the Loan Estimate displays what you might pay.
What is a loan estimate?A loan estimate is a three-page document that provides clear explanations and information about house loans. In addition to making the information simple to understand, this standardization makes it simple to compare offers from different lenders and determine which one is giving you the best bargain.
A loan estimate that you obtain is good for 10 business days. Try to accept a loan offer within that time frame; if you take longer to decide, the lender might adjust the terms and provide a new loan estimate.
Before you identify the home you want to buy, you can and should receive a loan estimate, especially in a seller's market when buyers frequently need to move quickly to make a purchase offer. To make sure you can acquire financing, you should have mortgage preapproval and possibly even pre-underwriting.
What is closing disclosure?The final conditions and costs of a mortgage, such as the home loan amount, interest rate, anticipated monthly mortgage payments, and closing costs, are detailed in a Closing Disclosure, a 5-page document. Homebuyers must get their Closing Disclosure from mortgage lenders at least three working days before their loan closes. One of the most significant pieces of papers you'll receive during the mortgage process is your Closing Disclosure, so carefully read it over.
The Loan Estimate, formerly known as a Good Faith Estimate, that you received when you first applied for your mortgage might be thought of as the final version of that document.
The Closing Disclosure form uses actual figures rather than the approximations from the Loan Estimate form for the fees you would pay for your mortgage. Because of this, you must carefully study this closure form and clarify any points you don't understand.
To learn more about Closing Disclosure, click here
https://brainly.com/question/2983378
#SPJ2
Assume that Amazon sells the MacBook Pro, a computer produced by Apple, for a retail price of $1,500. Amazon arranges its operations such that customers receive products directly from Apple Stores rather than Amazon. Customers purchase from Amazon using credit cards, and Amazon forwards cash to Apple equal to the retail price minus a $150 commission that Amazon keeps. In this arrangement, how much revenue will Amazon recognize for the sale of one MacBook Pro?
Answers
Answer: $150
Explanation:
Based on the information given in the question, the journal entry provided will be:
Debit Customer $1500
Credit Account Payable (Apple) $1350
Credit Commission income/Revenue $150
Therefore, the revenue that Amazon will recognize for the sale of one MacBook Pro is $150.
PLEASE HELP, WILL GIVE BRAINLIEST
1. The industrial wood planers currently valued at $58,000 each were purchased two years ago for $65,000 each. The company plans to keep them for six more years. Jasmine uses the straight-line method to determine the depreciation for these machines. Be sure to follow FASB
a. What is the salvage value of each planner, and how is this amount determined? (2 points)
Answers
The salvage value of each planner is $23,000 and this is derived by first calculating the depreciation amount which is then deducted from Original cost of the asset.
How do we calculate our salvage value?The salvage value of each industrial wood planer is the estimated value of the machine at the end of its useful life, after it has been fully depreciated. It is determined by subtracting the accumulated depreciation from the original cost of the asset.
In Jasmine's case, using the straight-line method of depreciation, the annual depreciation for each machine is calculated as follows:
$65,000 - $58,000 = $7,000 (depreciation per year)
The company plans to keep the machines for six more years, so the total amount of accumulated depreciation would be:
$7,000 x 6 = $42,000
Therefore, the estimated salvage value of each industrial wood planer would be:
= $65,000 - $42,000
= $23,000
Read more about salvage value
brainly.com/question/3318178
#SPJ1
Calculate the price rises from $17 a dozen to $23 a dozen, the elasticity of supply is
Answers
Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?
Answers
Answer:
C. Corporation- partnership - Sole Proprietorship
Explanation:
Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.
What is partnership?Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.
In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.
Thus, option C is correct.
For more details about Partnership, click here:
https://brainly.com/question/19988417
#SPJ2
The corporate finance officer at Hall Gardening is entering the cost of a $100,000 capital loan on the company's financial statements. She will enter
it (Select all that apply.)
on the profit/loss statement as an expense
on the balance sheet as an asset
in a separate portfolio to compare actual to estimated return on investment
on the balance sheet as a liability
Answers
Answer:
on the balance sheet as a liability
Explanation:
The balance sheet is the financial record or statement that reports on a company's assets, liabilities, and equity. It is the financial reports that communicate the financial status of a balance.
The balance sheet captures assets on one side and equities and liabilities on the other. A loan is a debt or money owed to others. It is a liability to the business and is recorded on the liabilities side. It will be included in current liabilities if it is to be paid within one year or long term liabilities if more than one year.
Atlas Door created competitive advantage by reducing the time to receive and process an order and through installing a just-in-time logistics operation. Which of the following is not a reason for their favorable position relative to the five forces of industry competition?
A. The service was easily imitable.
B. It created high entry barriers for new entrants.
C. The integration of many company value-chain activities provided causal ambiguity and path dependency.
D. It exerted power over its customers.
Answers
A. Their advantageous position in relation to the five forces of industrial rivalry is not due to the service being easily imitated.
How do you handle competition in your industry?Businesses that offer a comparable good or service are considered competitors in the industry. Hence, if you're opening an online clothes store, your sector is digital retail, and your rivals are other online apparel businesses. Every firm has rivals, and in some situations the industry competition is so strong that businesses must contend for the patronage of potential clients.
Some players view competition negatively, but that is just the way business is done. Despite the word's negative connotations, industry competition itself can have a significant impact on corporate strategy. If your product or service appears to be truly unique, don't make the error of assuming there is no industry rivalry.
Learn more about industry competition with the help of the given link:
brainly.com/question/14090806
#SPJ1
On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules, which is hurting Shoemaker's business. The supplier explains that it has a temporary lack of funds that is slowing its production cycle. Shoemaker agrees to lend $420,000 to its supplier using a 12-month, 12% note.
Required:
1. The loan of $420,000 and acceptance of the note receivable on April 1, 2021
2. The adjustment for accrued interest on December 31, 2021
3. Cash collection of the note and interest on April 1, 2022.
Answers
Answer:
1. April 01, 2021
Dr Notes receivable 420,000
Cr Cash 420,000
2. December 31,2021
Dr Interest receivable 37,800
Cr Interest revenue 37,800
3. April 01, 2022
Dr Cash 470,400
Cr Notes receivable 420,000
Cr Interest receivable 37,800
Cr Interest revenue 12,600
Explanation:
Preparation of the Journal entries Shoemaker Corporation
1. Preparation of the Journal entry for loan o amount of $420,000 as well as the acceptance of the note receivable on April 1, 2021
April 01, 2021
Dr Notes receivable 420,000
Cr Cash 420,000
2. Preparation of the Journal entry for the adjustment for accrued interest on December 31, 2021
December 31,2021
Dr Interest receivable 37,800
Cr Interest revenue 37,800
($420,000 × 12% × 9/12=$37,800)
3. Preparation of the Journal entry for the Cash collection of the note and interest on April 1, 2022
April 01, 2022
Dr Cash 470,400
Cr Notes receivable 420,000
Cr Interest receivable 37,800
Cr Interest revenue 12,600
($420,000 × 12% × 3/12=$12,600)
What is globalisation
Answers
Globalization is defined as the set of processes (economic, social, cultural, technological, institutional) that contribute to the relationship between societies and individuals around the world.
It is a progressive process by which exchanges and flows between different parts of the world are intensified.Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.
The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.
To know more about 'Globalization' visit:https://brainly.com/question/25499191
What is the difference between final goods and intermediate goods?
Answers
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
for more such question on goods visit
https://brainly.com/question/25262030
#SPJ8
1. Define consumption, Investment, and saving. 2. Currently the Ethiopia's Investment is not increasing. Please explain some of the major reasons for non increment if investment? 3. One of consumption theory is Modogliani's life cycle theory. Briefly explain the modogliani's life cycle hypothesis.
Answers
Consumption in economics is the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.
Investment is traditionally defined as the "commitment of resources to achieve later benefits". If an investment involves money, then it can be defined as a "commitment of money to receive more money later"
Saving is the process of setting aside a portion of current income for future use, or the flow of resources accumulated in this way over a given period. Savings may take the form of increases in bank deposits, purchases of securities, or increased cash holdings.
Factors affecting investment
1. Interest rates (the cost of borrowing)Economic growth (changes in demand)Confidence/expectations Technological developments (productivity of capital)Availability of finance from banksOthers (depreciation, wage costs, inflation, government policy)
The life-cycle hypothesis (LCH) is an economic theory that describes the spending and saving habits of people throughout a lifetime. The theory states that individuals seek to smooth consumption throughout their lifetime by borrowing when their income is low and saving when their income is high.
The concept was developed by economist Franco Modigliani and his student Richard Brumberg in the early 1950s.
Consumption will depend on
C= consumption
W = wealth
R = years until retirement. Remaining years of work
Y = income
T = remaining years of life
It suggests that for the whole economy, consumption will be a function of both wealth and income.
The implication is that if we have an aging population with more people in retirement, then wealth and savings in the economy will run out.
Before life-cycle theories, it was assumed that consumption was a function of income. For example, the Keynesian consumption function saw a more direct link between income and spending.
However, this failed to account for how consumption may vary depending on the position in the life cycle.
Criticisms of Life Cycle Theory
It assumes people run down wealth in old age, but often this doesn’t happen as people would like to pass on inherited wealth to children. Also, there can be an attachment to wealth and an unwillingness to run it down.People may lack the self-control to reduce spending now and save more for the future.Government means-tested benefits for old people may provide an incentive not to save because lower savings will lead to more social security payments.It assumes people are rational and forward-thinking. Behavioral economics suggests many people have motivations to avoid planning.The life cycle is easier for people on high incomes. They are more likely to have financial knowledge, and they also have the ‘luxury’ of being able to save. People on low incomes with high credit card debts may feel there is no disposable income to save.So, life cycle hypothesis people seek to maintain roughly the same level of consumption throughout their lifetimes by taking on debt or liquidating assets early and late in life (when their income is low) and saving during their prime earning years when their income is high.
Learn more about the life cycle hypothesis here:
brainly.com/question/32729604
#SPJ1
