Serge stayed at a bed and breakfast in a mountain town. The bed and breakfast provides food and a comfortable
room for Serge each night after he skis and hikes in the mountains. What term best describes the role of the bed
and breakfast
hospitality
tourism
O sightseeing
recreation

1. During the assessment phase of networking, it is best to be specific about your business objectives.

2. Doing some research on the key players will help you make the most of business contacts or opportunities.

3. Chatting with other people at parties or meetings is a great way to make connections.

4. When out networking, people naturally gravitate to others.

Business relationships are an essential aspect of all types of business enterprises, whether large or small. Developing good relationships is vital to the success of any business. Two qualities that help form a strong foundation for business relationships are trust and reliability. These two qualities help establish a sense of honesty, transparency, and consistency in business practices.

Trust and reliability are vital components of business relationships because it creates a safe and comfortable environment for business partners to communicate freely, share ideas, and brainstorm on how to grow the business together. In addition, it provides an avenue for open discussions and sharing of constructive feedback that will help businesses identify areas of improvement.

The two most important stages in making business connections are networking and relationship building. Networking is a critical stage in business development because it enables businesses to build a vast array of contacts that they can leverage to grow their business. Relationship building, on the other hand, focuses on building trust and nurturing relationships with clients, partners, and other stakeholders.

This stage requires a long-term commitment and entails consistent communication and transparency to establish a sense of mutual trust and respect. To conclude, strong business relationships are essential to the success of any business. Building such relationships takes time and effort. Trust and reliability are crucial elements that can help establish a strong foundation for business relationships. Networking and relationship building are two vital stages in making business connections, and they require commitment, time, and effort.

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Answer: Rationing and Black Market

Answer: , I can give you an overview of the political, social, economic, and technological factors that support cross-border trade, along with some examples of multinational firms operating in Ethiopia.

Political Factors: - The government's policies and regulations play a significant role in supporting cross-border trade. - A favorable political climate encourages multinational firms to invest in the country.

- Ethiopia has implemented policies aimed at attracting foreign investors, such as tax incentives and relaxed regulations.

- The government's efforts to improve infrastructure, such as roads and ports, has also contributed to the growth of cross-border trade. Social Factors:

- The availability of skilled and affordable labor is an important factor that influences the growth of multinational firms in Ethiopia. - Ethiopia's young and growing population presents an opportunity for firms to expand their markets. - The cultural diversity of the country is also attractive to multinational firms seeking to expand their operations globally. Economic Factors: - Ethiopia has a liberalized economy with a stable macroeconomic environment that supports cross-border trade. - The country has made significant progress in economic reforms, including the privatization of state-owned enterprises. - Ethiopia's strategic location, with access to the Red Sea and proximity to the Middle East and Europe, has made it an attractive destination for multinational firms. Technological Factors: - Technology has played a significant role in supporting cross-border trade, making it easier and more cost-effective. - The use of e-commerce platforms has made it possible for multinational firms to reach customers in different parts of the world. - The availability of high-speed internet and mobile networks has also facilitated cross-border trade. Examples of Multinational Firms Operating in Ethiopia: - Coca-Cola is a global brand that operates in Ethiopia and has invested heavily in the country. - H&M, the Swedish fashion retailer, has opened stores in Ethiopia, taking advantage of the country's textile industry. - Unilever, the British-Dutch consumer goods company, has also invested in Ethiopia, setting up a manufacturing plant for its products. In conclusion, the political, social, economic, and technological factors mentioned above have contributed to the growth of cross-border trade in Ethiopia. This has attracted multinational firms to invest in the country, with many seeing Ethiopia as a potential hub for doing business in Africa

Explanation:

Answer:

to the president

Explanation:

because he has to see if he has to veto or pass it

The Hiring Incentives to Restore Employment (HIRE) Act was signed into law by President Barack Obama on March 18. Tax credits worth approximately $17.6 billion are included in the bill to encourage employment, and approximately $20 billion is provided for highway and transit infrastructure programs.

During his first two years in office, Obama enacted a number of significant bills. The most important changes are: the Dodd–Frank Wall Street Reform and Consumer Protection Act, also known as the "ACA" or "Obamacare," the Don't Ask, Don't Tell Repeal Act of 2010, and the Affordable Care Act.

The bill was approved by the Senate with a vote of 60–38, with three Republicans and all Democrats and Independents supporting it. The Recovery Act was enacted into law by President Barack Obama on February 17, 2009.

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Answer:

B. Exporting

Explanation:

The assertion is untrue. Debt holders have priority over common and preferred shareholders when it comes to a company's earnings and assets.

The creation of a plan under bankruptcy law enables a debtor who is unable to pay his creditors to settle his debts by allocating his assets to them. Additionally, this controlled split enables some degree of equality in the treatment of the interests of all creditors. In some bankruptcy cases, a debtor is permitted to continue operating their business and use the money they make to pay down their obligations. The discharge of certain debtors from their accrued financial responsibilities, following the distribution of their assets and even if their debts have not been fully paid, is another goal of bankruptcy law.

In order to implement the Bankruptcy Code, bankruptcy courts must adhere to Federal Rules of Bankruptcy Procedure.

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Answer: The current price will result in a low supply for the good.

Explanation: A P E X fam

Answer:

B. the current price will result in a low supply for the good

Explanation:

Answer:

The Forest Ltd.

The revenue for June was:

$21,585.

Explanation:

a) Data:

Cash receipt from customers for May = $5,000

Invoice for June services rendered = $21,585

Beginning inventory of trees = $1,000

Purchases of trees = $4,000

Ending inventory of trees = $500

Cost of trees planted = $4,500

Office rent expense = $1,000

Miscellaneous expenses = $3,000

Depreciation on truck and office equipment = $500

Income tax rate = 10%

Revenue for June = $21,585

b) The revenue of Forest Ltd. for the month of June can be calculated as the number of trees replanted multiplied by the average price of replanting services provided.   Assuming that cost of the trees replanted and other expenses incurred are subtracted from the company's revenue, then one arrives at the income before tax.  After the deduction of the tax expense for the month, the resulting balance is called the net income or loss.

The investment security that is best for the investor who prefers a diversified investment strategy and the ability to mitigate risk by investing in multiple forms of securities within a single portfolio is exchange-traded funds (ETFs).

ETFs are similar to mutual funds, but they are traded on stock exchanges like individual stocks. ETFs are designed to track a specific index or group of assets, such as a basket of stocks, bonds, or commodities, providing the investor with exposure to a diversified range of investments within a single security.By investing in an ETF, the investor can achieve diversification across multiple industries, sectors, and geographic regions, mitigating the risk associated with investing in individual securities. Additionally, the investor can access the benefits of diversification while also enjoying the flexibility and transparency of trading on an exchange.

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the new National Minimum Wage for South Africa has been made public by the Department of Employment and Labour. Starting on March 1st, 2023, the current minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of around 9,6%).

The minimal amount of compensation that an employer is compelled to pay wage earners for the job completed during a particular period, which cannot be reduced by a collective agreement or an individual contract, is referred to as the "minimum wage."The South African government may impose penalties on employers who fail to pay the minimum wage. If a defined weekly wage is used, the monthly wage is multiplied by 4.33. If an hourly rate is specified, it is computed as 4.33 times the weekly average.

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Answer:A

thats the one

Explanation:

McDonals is the example of multichannel retailer as the company is providing burgers and fries to its different outlets and in diffrent food ordering sites in many countries.

The technique of selling similar products over multiple channels and platforms is known as multichannel commerce.

The platforms can be both online and offline, with different channels such as brick and mortar stores, online stores, mobile stores, and mobile app stores.

Thus, McDonals is the example of multichannel retailer.

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Answer:

Savings account

Explanation:

The investment that is best for someone who is likely to need cash soon is saving account.

Saving account is an account  where you can easily have access to your money without limit as you can  withdraw your money at any point in time.

Saving account can also act as an emergency fund account where you can easily  access  your funds incase of unforeseen circumstance or during rainy days.

With saving account you can often earn interest based on the amount you deposit into your account as saving account often accumulate interest over time.

Inconclusion the investment that is best for someone who is likely to need cash soon is saving account.

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The AD curve would shift to the left  this scenario make the aggregate demand curve change. (OPTION A) As a result, the quantity demanded at a given price can be larger or lower.

If a good is a normal good, a decline in income, a decrease in the price of a substitute, and a rise in the price of a complement can all result in a decrease in demand and a shift to the left of the demand curve. A shift in consumer preference to buy a specific good or service, regardless of a change in price, is referred to as a change in demand. A change in customer preferences or income levels may be the cause of the change.

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Answer:

a.

Straight line method

This method gives a uniform depreciation figure over the lifetime of the asset. Formula is,

= ( Cost - Residual Value) / Useful life

= (52,000 - 12,000) / 4

= $10,000

Diminishing Balance Method

This method applies depreciation at a faster rate so that the assets depreciates faster in it's earlier years.

Formula is,

= Cost * Depreciation rate

= 52,000 * 31%

= $16,120

Units of Production

This method depreciates based on the usage of the asset vs the total capacity of the asset. Assuming the van was driven 78,000 kilometers during the financial year

Formula is,

=  (( Cost - Residual value) * units for the year) / Estimated production capacity

= ((52,000 - 12,000)*78,000)/200,000

= 3,120,000 / 200,000

= $15,600

b.

Date

June 30 2021

DR Depreciation $11,123

CR Accumulated Depreciation $11,123

Working

June 30 2021 Depreciation

= ( Cost - 2020 Depreciation ) * 31%

= (52,000 - 16,120 ) * 31%

= 35,880 * 31%

= $11,123

c. Straight line depreciation is constant so Value at the second year using Straight line will be,

= Cost - 2020 Depreciation - 2021 Depreciation

= 52,000 - 10,000 - 10,000

= $32,000

Balance sheet excerpt,

Particulars Amount

Assets

Fixed assets

Vechicles $32,000

Answer and Explanation:

1. The discount rate is

If we go through the options

like we assume 10%

So, the net present value is

= ($250,000 × 4.3553) - $1,000,000

= $1,088,825 - $1,000,000

= $88,825

Now if the discount rate is 11%

So, the net present value os

=  ($250,000 × 4.2305) - $1,000,000

= $1,057,625 - $1,000,000

= $57,625

So the net present value is $57,625

2. The profitability index is

= ($1,000,000 + $57,625) ÷ ($1,000,000)

= 1.058

3. The internal rate of return is

It is 12.98% that lies between 12.5% and 13%

Answer:

1- Health

2- Essential

3- Warm feelings and reader benefits.

Explanation:

Build interest in your sales message by developing your central selling points with rational, emotional, or dual appeals. Rational appeals are appropriate when a product is, for example, important to health. Emotional appeals are appropriate when a product is, for example, essential . Whether using rational or emotional appeals, remember to translate cold facts into warm feelings and reader benefits.

For an effective marketing message, it is necessary that rational, emotional or double appeals are correctly directed to the rational and irrational thoughts that the products arouse in the consumer.

For a health product, there must be a rational appeal, as the information contained in the sales message must be real, detailed and secure.

For an essential product, it is important that there is an emotional appeal to create feelings and expectations in the customer that make him want to obtain such a product.

Whether using rational or emotional appeals, remember to translate cold facts into warm feelings and reader benefits.

One way of representing attaining the positive externality by the government is through the promotion of education.

Option D is the correct answer.

When the cost or advantage is received by a third party that is not related to the economic activity, then it is considered an externality.  

A positive externality is the arousal of a positive effect on either production or consumption. The act of penalizing a company for pollution, imposing taxes on citizens earning more than $250,000 and the reduction in rates of interest would all be classified as negative externalities.

Therefore, the encouragement of education by the government is regarded as a positive externality.

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Answer: C.) Wage

Explanation: A salary is a set cost that is due to you over an agreed amount of time. A commission is a percentage that you get from the original cost. A wage is the income one makes daily, or per hour. A pension is the gradual amount of money being added up during the years one works. Therefore, $50 an hour is a wage.

I hope this helped!

Good luck <3

Answer:

rat

Explanation:

1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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Answer:

e. the total of currency in circulation, plus depository institution reserves and vault cash

Explanation:

Monetary base is a concept in money supply that measures highly liquid assets in an economy.

It includes all cash that is in circulation in the economy and those deposits that are held as reserves by the central bank from commercial banks. Cash in bank vaults are also included because they are readily available to the economy.

For example if there is $200 million in circulation and there is $13 billion in the central bank as reserves from commercial banks, the total monetary base is $13.2 billion

Answer:

Inclusive language seeks to treat all people with respect, dignity, and impartiality.

Explanation:

Language is one of the most powerful tools we have as humans. It binds us. Instructs us. When used well, it creates a common understanding.

And it’s essential for creating an environment where everyone feels welcome and included.

Historically, language has left many out. Individuals and groups have been marginalized and discriminated against because of their culture, race and ethnicity, gender, sexual orientation, age, disability, socioeconomic status, appearance and more.

We can do better. Inclusive language seeks to treat all people with respect, dignity, and impartiality. It is constructed to bring everyone into the group and exclude no one.

It does ask something of us. It asks us to try. To change deeply embedded habits. To consider the implications of words and phrases that have long gone unchallenged. To dig deep into empathy and imagine an experience not our own.

Some of these language changes might seem unnecessary or even silly to some.

The organization i am working  is Adelak organization having the objectives of production of software as well as electronic devices,

The organization components are ;

An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union. The term "organization" can be used to describe a person, a group, a company, or the process of creating or developing anything.

An organization is a group of people who are working together to achieve a common purpose or objective. In other words, one could say that an organization is a setting where individuals get together to carry out various tasks and responsibilities in support of the organization's objectives.

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(a) Cost of property, plant and equipment:

(i) Land: RM2,000,000

(ii) Land Improvement: RM165,000

(iii) Building: RM1,880,000

(iv) Equipment: RM4,595,350

(b) Journal entries:

Debit: Equipment (new truck) RM250,000, Accumulated Depreciation RM160,000, Cash RM50,000

Credit: Equipment (old truck) RM100,000.

(a) Calculation of cost of property, plant and equipment:

(i) Land:

Cost of land: RM2,000,000

(ii) Land Improvement:

Fencing around the land: RM100,000

Landscaping (trees and shrubs): RM40,000

Parking lots and concrete walks: RM200,000

Total land improvement cost: RM100,000 + RM40,000 + RM200,000 = RM340,000

(iii) Building:

Construction costs: RM1,200,000

Demolition cost: RM50,000

Insurance premium (50% during construction): RM30,000 * 50% = RM15,000

Total building cost: RM1,200,000 + RM50,000 + RM15,000 = RM1,265,000

(iv) Equipment:

Manufacturer's list price: RM4,500,000

Discount received (2% of RM4,500,000): RM4,500,000 * 2% = RM90,000

Net amount paid for equipment: RM4,500,000 - RM90,000 = RM4,410,000

Additional components cost: RM100,250

Delivery charge: RM75,000

Installation charge: RM50,000

Storage cost: RM5,000

Total equipment cost: RM4,410,000 + RM100,250 + RM75,000 + RM50,000 + RM5,000 = RM4,640,250

(b) Journal entries for the exchange of truck:

Debit:

- Equipment (new truck): RM250,000

- Accumulated Depreciation: RM160,000

- Cash: RM50,000

Credit:

- Equipment (old truck): RM100,000

Note: The above journal entries reflect the exchange of the old truck with a new truck where the fair value of the old truck is RM100,000 and the cash paid is RM50,000. The difference between the fair value of the old truck and the cost of the new truck is accounted for in the Equipment (new truck) account.

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Answer:

Total investment PV = $176,865

Explanation:

a) Data and Calculations:

PV (Present Value) $89,565

N (Number of Periods) 8.000

I/Y (Interest Rate) 7.000%

PMT (Periodic Receipts) $15,000.00

b) Calculation of Present value of $15,000 with the annuity factor of 5.971 (7% interest for 8 years):

Present value of $15,000 * 5.971

= $89,565

c) Calculation of Present value of $150,000 at the end of 8 years at 7% interest:

Present value of $150,000 * 0.582 = $87,300

d) Total present value of the investment:

Annuity Present value = $89,565

Present value of lump sum = $87,300

Total investment PV = $176,865

Investment is referred to as the process in which the person invests in any of the assets with the intention or the goal of generating income from the invested assets. It is the appreciation of the value of assets over a period of time.  

The Present Value of the investment is = $176,865

a) Data and Calculations:

PV (Present Value) $89,565

N (Number of Periods) 8.000

I/Y (Interest Rate) 7.000%

PMT (Periodic Receipts) $15,000.00

b) Calculation of Present Value of $15,000 with the annuity factor of 5.971 (7% interest for 8 years):

Present value of \(\$15,000 \times 5.971\)

= $89,565

c) Calculation of Present Value of $150,000 at the end of 8 years at 7% interest:

Present value of \(\$150,000 \times0.582 = \$87,300\)

d) Total present value of the investment:

Annuity Present value = $89,565

Present value of lump sum = $87,300

Total investment PV = $176,865

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The depreciation allowances allowed in prior years of  R533 665 (recoupment amount)The recoupment amount is included in taxable income.

An asset disposed of in the year of assessment (2022) for proceeds exceeding its tax written down value (TWDV) triggers a recoupment of depreciation allowances. The recoupment is calculated by deducting the TWDV from the proceeds, but limited to the sum of depreciation allowances allowed in respect of the asset less any amount that has been recouped in a prior year.

Manufacturing machine sold R605 000 Purchased R490 000 Tax value at date of sale R98 000Calculate recoupment on the disposal of the machine;

The machine's TWDV is R71 335; this is calculated by taking the original cost of R490 000 less the depreciation allowances allowed in prior years of R34 665.R605 000 (proceeds) - R71 335 (TWDV) = R533 665 (recoupment amount)The recoupment amount is included in taxable income.

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The Effects of Sales Transactions on the Income Statement are as follows:

Revenue Side:

May 5 Sales Revenue $21,000

May 7 Sales Returns     -$1,750

May 8 Sales Allowance  -$300

Net Sales Revenue =  $18,950

Costs:

May 5  Cost of goods sold   $15,000

May 7   Inventory                   -$1,250

Cost of goods sold =            $13,750

Operating Income:

Net Sales Revenue      $18,950

Cost of goods sold       -13,750

Gross profit                  $5,200

May 15 Cash Discounts -$379

Operating profit          $4,821

Data Analysis:

May 3 Inventory $20,000 Cash $20,000

May 5 Accounts Receivable (Macy Co.) $21,000) Sales Revenue $21,000 credit terms 2/10, n/60.

Cost of goods sold $15,000 Inventory $15,000

May 7 Sales Returns $1,750 Accounts Receivable (Macy Co.) $1,750

Inventory $1,250 Cost of goods sold $1,250

May 8 Sales Allowance $300 Accounts Receivable (Macy Co.) $300

May 15 Cash $18,571 Cash Discounts $379 Accounts Receivable (Macy Co.) $18,950

Thus, the transactions' effects will produce an operating income of $4,821 for the period.

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