Ricky's Repair Shop has a monthly target profit of $17,000. Variable costs are 60% of sales, and monthly fixed costs are $8,000. Requirements 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal. 2. Express Ricky's margin of safety as a percentage of target sales. 3. Why would Ricky's management want to know the shop's margin of safety? Requirement 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal. Select the labels and enter the amounts to compute Ricky's Repair Shop's monthly margin of safety in dollars. = Margin of safety in dollars Requirement 2. Express Ricky's margin of safety as a percentage of target sales. (Enter your answer as a whole percent.) The margin of safety as a percentage of target sales is: Requirement 3. Why would Ricky's management want to know the shop's margin of safety? Managers can use margin of safety to assess the %. to the company when there is a possibility of Making this assessment helps managers

Answer:

Product positioning is the process of deciding and communicating how you want your market to think and feel about your product.

Explanation:

Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.

Answer:

The right solution is Option A "buys $300000 worth rupees bonds".

Explanation:

Given:

Money multiplier,

= 3

Change in money supply,

= $900000

As we know,

⇒ \(Money \ multiplier=\frac{Change \ in \ total \ money \ supply}{Change \ in \ total \ monetary \ base}\)

Or,

⇒ \(Change \ in \ total \ monetary \ base=\frac{Change \ in \ total \ money \ supply}{Money \ multiplier}\)

On putting the values, we get

⇒                                                    \(=\frac{900000}{3}\)

⇒                                                    \(=300000\) ($)

Wages can be set at a level above equilibrium due to government interventions such as minimum wage laws, labor union negotiations, and wage subsidies. These interventions can cause the wage rate to increase above the equilibrium level, resulting in a surplus of labor supply and a shortage of labor demand, leading to unemployment.

When the government enforces a minimum wage, it sets a legal floor below which wages cannot be offered. This can cause the wage rate to increase above the equilibrium level, resulting in a surplus of labor supply and a shortage of labor demand, leading to unemployment. Similarly, labor unions negotiate for higher wages for their members, which can also lead to wages above equilibrium and unemployment. Wage subsidies provided by the government to employers can also increase wages above the equilibrium level, leading to unemployment.
In addition to government interventions, other factors such as a lack of skill or education among workers, or technological advancements that replace labor with machines, can also lead to wages above equilibrium and unemployment.
In summary, wages can be set above equilibrium due to government interventions, lack of worker skills, technological advancements, or other factors. This can lead to a surplus of labor supply and a shortage of labor demand, resulting in unemployment.

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Answer:

Usually, when a price ceiling is imposed, the demand for the product goes up. This can cause a shortage of products because of their high-demand. Conversely, the opposite occurs when a price floor is imposed.

answer :in less than 21 days

Answer:

There is labour abundance in primary sector in India. Also, most of the people are employed in the primary sector because enough jobs are not provided by the secondary and tertiary sector. Employment growth is less in the secondary and tertiary sector. About 63% of the country are absorbed in the primary sector

To prevent or detect the error or fraud where Shane Hamby processed a nonexistent purchase transaction payable to himself, and forged the controller's signature, the following internal controls can be recommended:

1. Segregation of duties: Implement a segregation of duties policy that separates the purchasing, payment authorization, and check issuance processes. Assign different individuals to handle these tasks to create a system of checks and balances. This reduces the risk of an individual having sole control over all stages of the transaction, making it more difficult for fraudulent activities to occur without detection.

2. Dual authorization: Require dual authorization for purchase transactions and payments above a certain threshold. This means that two authorized individuals must review and approve each transaction independently. This control adds an additional layer of scrutiny and reduces the likelihood of fraudulent transactions going unnoticed.

3. Regular bank reconciliations: Conduct regular bank reconciliations to compare the issued checks against the actual cleared checks. This reconciliation process helps identify any discrepancies or irregularities, such as forged signatures or unauthorized payments.

4. Strong internal control environment: Establish and enforce a strong internal control environment within the organization. This includes implementing policies and procedures related to financial transactions, conducting periodic internal audits, and promoting an ethical work culture that encourages employees to report any suspicions or concerns about fraudulent activities.

5. Employee training and awareness: Provide training programs to employees to raise awareness about fraud risks, ethical behavior, and the importance of internal controls. By educating employees about their roles and responsibilities, they become more vigilant and better equipped to identify and report any potential fraudulent activities.

To prevent or detect the error or fraud where Shane Hamby processed a nonexistent purchase transaction payable to himself and forged the controller's signature, implementing internal controls such as segregation of duties, dual authorization, regular bank reconciliations, a strong internal control environment, and employee training and awareness can significantly mitigate the risk of such fraudulent activities. These controls create a system of checks and balances, enhance accountability, and promote transparency within the organization, making it more difficult for fraudulent transactions to occur undetected.

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False, It is never a good idea to apply for a shop credit card from a retailer you do not use frequently just to receive a deal right away.

You can utilize a credit line provided by the a credit card for purchases, cash advances, and/or money transfers as long as the loan will ultimately be repaid in full. Using credit cards responsibly is one of the best ways to build a strong credit history. This will enable you to access more housing possibilities, receive more favorable interest rates on large loans such as mortgages and vehicle loans, pay less for insurance, and more. Your card issuer owes you money, which appears as a credit balance on your billing statement. Each time you make a payment, credits are applied to your account. When you return something you purchased with your credit card, you can receive an additional credit.

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Answer:

2,3,1,5,4,6

Explanation:

numbers go in box

Receivable Note Debit Accrued Interest -$402.6

-$402.6 in Credit Interest Income

Creation of the adjustment item on the note for Alan Company for the accrued interest as of December 31

Interest earned through December 31 will be as follows:

30 + 31 = 61 days

= (19,800 x 12% x 61 days) / 360 days

=$144936 ÷ 360 days

=$402.6

As a result, the adjusting entry for Alan Company will be:

Receivable Note Accrued Interest Debit: $402.6.

-$402.6 in Credit Interest Income .

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Answer:

I and  IV

Explanation:

A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)

A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)

A business that existed prior to the commercialization of the internet is the promotion of music videos.

The marketing strategy of promotion of music videos has changed after the commercialisation of the internet. The commercialization of the Internet entails the creation and oversight of online services for monetary gain. It usually entails increasing monetization of network services and consumer products mediated by various Internet technologies. E-commerce, electronic money, as well as advanced marketing techniques such as personalised and targeted advertising are all common forms of Internet commercialization.

It has enabled them to reach a larger audience than they would have been able to reach through traditional marketing methods. Second, eCommerce has simplified the process of finding what customers are looking for. Before making a purchase, they can now compare prices and read reviews.

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To complete the analogy, we should find a term that is related to ceramics in the same way that biology is related to physical science.

Analogy: Biology : Physical Science :: Ceramics : ?

Biology is a branch of life science that studies living organisms and their interactions with each other and their environments. Physical science, on the other hand, is a broad field that encompasses the study of non-living systems, such as physics, chemistry, and astronomy.

Ceramics is a specific field within the broader category of materials science, which deals with the properties, processing, and applications of various materials, such as metals, polymers, and ceramics.

So, the missing term in this analogy should be a broader category that encompasses ceramics.

Answer: Biology : Physical Science :: Ceramics : Materials Science

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The analogy here is that Biology is to Physical Science as Ceramics is to Technology. Biology is the study of living organisms and their interactions with their environment. Biology is one of the natural sciences.

 Physical Science, on the other hand, is the study of non-living objects and their properties, such as the study of mechanics, electricity, and magnetism. Physical Science is one of the physical sciences. Ceramics is the production of objects made from clay, such as pottery, tiles, and dishes. Ceramics is a component of technology and engineering, which are branches of applied science. Technology is the application of scientific principles and knowledge to create new goods and services that benefit society. Ceramics is one such area of technology, which makes use of scientific knowledge to make new products. Biology is to Physical Science as Ceramics is to Technology, thus completes the analogy.

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Answer:

The right solution will be "trade-offs".

Explanation:

Answer:

trade offs

Explanation:

An exploration of trade-offs is a way of choosing between opposing alternatives.

Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.

The depreciation would nanki record for the year 2018 on this equipment$122,500. option 3)

Depreciation is the expected decrease in worth of fixed assets over the course of a fiscal year. Large lump amount purchases are made for tangible things like real estate, machinery, cars, and so forth.

Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its usable life) to determine depreciation using the straight-line technique.

Depreciation charged under original life for 2011 and 2012 = (650000 - 10000)*2 / 8 = 160,000

Book value at beginning of 2013 = 650000 - 160000 = 490,000

Depreciation for 2013 = 490000*1 / 4 = 122500

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Full Question: Nanki Corporation purchased equipment on January 1, 2011, for $650,000. In 2011 and 2012m Nanki depreciated the asset on a straight-line basis with an estimated useful life of eight years and a $10,000 residual value. In 2013, due to changes in technology, Nanki revised the useful life to a total of six years with no residual value.

What depreciation would Nanki record for the year 2013 on this equipment?

$106,667.

$107,350.

$122,500.

None of these is correct.

An erroneous physical inventory will cause the cost of goods sold and net income to be overestimated.

All the goods, services, and equipment that a company keeps in hand with the goal of selling them for just a profit are referred to as inventory. Example: If a paper provider uses a vehicle to deliver newspapers to customers, just the newspaper will be considered inventory.

Although there are more types of inventory, the four main ones are raw materials and components, finished goods, collaborate, and upkeep, repair, and operational supplies. Inventory is regarded as an asset by businesses since it costs money to purchase it, which it then sells for a profit.

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The amount that Ingram Pharmaceuticals should charge to expense during 2021 for the purchased patent is $115,000.  Option a) $115,000 is correct.

Here is a step-by-step explanation of how to calculate the amount that Ingram Pharmaceuticals should charge to expense during 2021 for the purchased patent:

Step 1: Determine the initial cost of the patent.

In January 2016, Ingram Pharmaceuticals purchased the patent for $1.725 million.

Step 2: Determine the useful life of the patent.

Initially, the patent was valid for 20 years. However, due to continued research, the useful life was estimated to be only 15 years.

Step 3: Calculate the annual amortization expense.

To calculate the annual amortization expense, divide the initial cost by the useful life.

Annual amortization expense = Initial cost / Useful life

Annual amortization expense = $1.725 million / 15 years

Annual amortization expense = $115,000

Step 4: Determine the amount to be charged to expense during 2021.

Since amortization is recorded at the end of each year, the amount to be charged to expense during 2021 would be equal to the annual amortization expense.

Therefore, the amount that Ingram Pharmaceuticals should charge to expense during 2021 is $115,000.

Hence, the correct answer is option a) $115,000.

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Answer:

True

Explanation:

Lawyers belong to the Law, Public Safety, Corrections, and Security cluster.  Work under this career cluster revolves around protecting citizens and their rights.  Lawyers train and acquire university degree before training at the law school.

Lawyers may specialize in a specific area such as crime, tax, environment, and so many others. Other prominent job titles for lawyers include Attorney General,  Associate Attorney, Attorney, Attorney at Law, General Counsel, and Partner.

In order to create triangular arbitrage profit, the steps are:

The amount that you get when you convert USD directly to CHF is $0.645.

But, if the USD was first converted to GBP and then to CHF, and back to USD, the amount would be:

= 1/1.725

= GBP 0.58

GBP to CHF:

= 0.58 / 0.365

= 1.588 CHF

CHF to dollar:

= 1.588 x 0.645

= $1.024

Which gives a profit of:

= 1.024 - 1 originally invested

= $0.024

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The area that focuses on what many consider to be the most important public for most organizations is the field of marketing.

Marketing is a broad discipline that encompasses a range of activities, including market research, product development, branding, advertising, and promotion. At its core, marketing is about understanding the needs and desires of customers and creating products and services that meet those needs in a compelling way. This focus on the customer is what makes marketing so critical to the success of any organization.

By listening to and engaging with their customers, organizations can develop products and services that resonate with their target audience, build brand loyalty, and ultimately drive sales and revenue. As such, marketing is often seen as the lifeblood of any successful organization, as it helps to establish and maintain a strong customer base and drive growth over the long term.

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Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because it requires less stress and cost.

Publishing advert for Job opening requires a cost and this could take a lot of process before the final candidate is selected.

Getting referral could reduce the number of days and the cost of making different advertisement.

Therefore, Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because it requires less stress and cost.

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The capacity to purchase a good or service with the promise to pay for it later is known as credit.  With instalment payments, we can buy something and pay for it over time. If one has $100 to pay, for instance, they can do so in instalments by paying perhaps $10 every week.

one of the categories into which a debt is subdivided for installment payments. one of multiple pieces offered in installments.

An equated monthly installment is a regular payment paid by a borrower to a lender on a preset day each month (EMI). EMIs are applied to the principal and interest each month in order to pay off the loan in full within the predetermined time frame.

Thus, The capacity to purchase a good or service.

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Answer:

1 3 thx for the answer!

Explanation:

Answer:

THANK YOU SO MUCH

Explanation:

If a random variable follows a binomial distribution with a probability of success equal to 0.59 then the expected variance is approximately equal to 1.468.

Given that a random variable follows a binomial distribution with a probability of success equal to 0.59.

We need to find the following values:

For a sample size of n = 6, find: The probability of exactly 4 successes The expected value(mean)The expected variance

The probability of exactly 4 successes

The probability of exactly 4 successes can be calculated by using the following formula:

P(X = k) = nCk * p^k * (1 - p)^(n - k)

Where, P = Probability of success

n = sample size

nCk = combination of k successes in n trials

Therefore, the probability of exactly 4 successes can be calculated as

P(X = 4) = 6C4 * 0.59^4 * (1 - 0.59)^(6 - 4) = 0.2676

The probability of exactly 4 successes is 0.2676.

The expected value (mean) The expected value (mean) of a binomial distribution is given by the formula: μ = np

where, μ = mean of the binomial distribution n = sample size p = probability of success

Therefore, the expected value is: μ = 6 * 0.59 = 3.54 The expected value (mean) is 3.54.

The expected variance of a binomial distribution is given by the formula: σ^2 = np(1 - p) where σ^2 = variance of the binomial distribution = sample size p = probability of success

Therefore, the expected variance is:σ^2 = 6 * 0.59 * (1 - 0.59)≈ 1.468

The expected variance is approximately equal to 1.468.

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Blackrock is an example of institutional shareholders. Pension funds, mutual funds, hedge funds, endowments, investment consultants, banks, and insurance companies are examples of institutional shareholders.

Institutional shareholders are financial organizations that purchase shares of other companies. This is their primary business. For the most part, they engage in trades of enormous volumes of shares. These investors own a significant proportion of a company's outstanding shares, giving them significant influence over corporate governance decisions and other matters.

Institutional shareholders include pension funds, mutual funds, hedge funds, endowments, investment advisors, banks, and insurance companies. They work in the financial industry, often providing investment management services to their clients, and typically have a long-term investment horizon. They are mostly focused on creating long-term value for their clients.

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The common annual return (AAR) is a proportion that represents a mutual fund's historic common return, normally stated over three-, five-, and 10 years.

Before making a mutual fund investment, investors regularly assessment a mutual fund's average annual return as a way to measure the fund's long-term performance.

Most buyers would view an common annual fee of return of 10% or greater as a right ROI for long-term investments in the inventory market. However, hold in mind that this is an average. Some years will supply decrease returns -- perhaps even bad returns.

For instance, the annual inflation fee in 2022 is forecasted to be around 8.2%. Since this is a down year for the market, with an average return rate of -16.15% via September 2022, inflation makes the loss harder. Not only did you lose money this year, however your cash is really worth less than it was once in 2021

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The Emergency Banking Act of 1933 was legislation passed during the Great Depression that took way to stabilize and restore confidence in the American banking system.

The Emergency Banking Act amended the Trading with the Adversary Act of 1917 and handed for banks to be restarted after four days out and for the Treasury to check banks.

The new law allows twelve Federal Reserve banks to issue fresh currencies on good means, allowing the reopening of banks to meet any licit demand. The new currency will be transferred to all corridor of the country by the Bureau of Engraving and Printing.

Question:

What does the Emergency Banking Relief Act do?

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