The adjusting entry for a deferred revenue includes a debit to a(n) Liability account and a credit to a(n) Revenue account.
What is Deferred revenue ?
On a company's balance sheet, deferred revenue is a liability that represents a prepayment made by customers for products or services that haven't yet been provided.As soon as the product or service is provided to the customer, deferred revenue is recognised as earned revenue on the income statement.The deferred revenue account is used in accordance with GAAP's conservative accounting principles.The business can owe its consumer money back if the good or service is not provided as expected.When a corporation receives an advance payment, deferred revenue is recorded as a liability on the balance sheet. This is so that it can fulfil its contractual commitment to provide the goods or services due to the client.To know more about Adjusting entries visit:
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Outline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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a decline in the value of the u.s. dollar will likely result in an increase in the —
A decline in the value of the U.S. dollar will likely result in an increase in the collection of accounts receivable from U.S.
What is a Currency depreciation?In context of U.S. dollar, currency depreciation refers to the decline in value of the dollar relative to another currency. The most basic monetary policy by the Fed can weaken the dollar when investment capital flees the U.S. as investors search elsewhere for higher yield.
Today, the main culprit for dollar declining in value was inflation data which showed that prices of things like airfares, used cars, and clothes were falling, laying the foundation for the Federal Reserve to slow its pace of interest-rate increases.
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There are certain patterns we should expect to see on a bond amortization table. Complete the following statements regarding these patterns. a.Assuming a bond is issued at either a premium or a discount, the carrying value on the issuance date should be equal to the bond's. b.Assuming a bond is issued at a discount, the cash interest payment calculated every period should:. c.Assuming a bond is issued at a discount, the carrying value over time should be. d.Assuming a bond is issued at a discount, the interest expense amount calculated every period using the effective interest method should be. e.Assuming a bond is issued at a premium, the carrying value over time should be. f.Assuming a bond is issued at either a premium or a discount, the carrying value on the bond s maturity date, right before the final cash payment, should be equal to the bond's. g.Assuming a bond is issued at a premium, the interest expense amount calculated every period using the effective interest method should be
Assuming a bond is issued at either a premium or a discount, the carrying value on the issuance date should be equal to the bond's face value. Assuming a bond is issued at a discount, the cash interest payment calculated every period should be less than the stated interest rate.
Assuming a bond is issued at a discount, the carrying value over time should be increasing, approaching the bond's face value at maturity. Assuming a bond is issued at a discount, the interest expense amount calculated every period using the effective interest method should be increasing.
Assuming a bond is issued at a premium, the carrying value over time should be decreasing, approaching the bond's face value at maturity. Assuming a bond is issued at either a premium or a discount, the carrying value on the bond's maturity date, right before the final cash payment, should be equal to the bond's face value.
Assuming a bond is issued at a premium, the interest expense amount calculated every period using the effective interest method should be decreasing.
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Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
anyone got sc? mines babyjas04
Answer:
ok thx for random useless information
Explanation:
Amanda is a manager at an automobile manufacturing plant. After careful inspection, one of her employees noticed a defect in a part that is necessary for airbag deployment. The company has been using that part for the past three months and it is unknown for how long they might have been receiving the defective part from their supplier. Amanda follows the utilitarian approach for her ethical decision making. Amanda will likely
Amanda will likely recall all the vehicles that have the defective part, even if it results in a significant financial loss for the company.
Why is ethical decision-making important in the business environment?Without a robust code of ethics, a company risks breaking the law, falling into financial trouble, and facing unethical situations. However, a company's stakeholders—including customers, employees, and other parties—are assured by good business ethics that it follows the law and acts morally.
The utilitarian approach to ethical decision-making aims to maximize overall happiness or pleasure and minimize overall pain or harm. In this scenario, Amanda must consider the potential harm that the defective part can cause to the customers who buy the cars manufactured by her company.
If the airbag deployment fails due to the defective part, it can result in severe injury or even death of the passengers in the car. Therefore, to minimize overall harm, Amanda should recall all the vehicles that have a defective parts, even if it results in a significant financial loss for the company.
This action will prioritize the safety and well-being of the customers over the company's financial interests, as it will prevent potential harm to many people.
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A consumer is someone who _____. buys something to use buys from a particular store markets a product crates a product
Answer:
A consumer is one who is the decision maker whether or not to buy an item at the store, or someone who is influenced by advertisement and marketing.
A consumer is someone who decides and buys something to use buys from a particular store markets a product crates a product.
A consumer is a person or a group that is not directly involved in entrepreneurial or business activity and who wants to order or use purchased items, products, or services primarily for domestic, family, social, or personal purposes.
A consumer is anybody who makes use of a good or service. Customers and consumers frequently appear in the same sentence. This is not quite accurate. A buyer of goods or services is referred to as a customer. They might or might not eat them.
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For proper operation instructions of the jointer
Answer:
Consult the manufacturer's manual or seek professional assistance for proper operation instructions of the jointer.
Explanation:
Jointers are powerful and potentially dangerous woodworking tools that require proper handling and operation to ensure safety and effectiveness. It is important to consult the manufacturer's manual for specific instructions on how to properly operate the jointer, including safety precautions, proper setup, and maintenance procedures. The manual may also provide guidance on selecting the right blades and adjusting the machine for optimal results. In addition, it may be helpful to seek professional assistance or training on how to use the jointer safely and effectively, especially if you are a beginner. This will ensure that you are using the tool properly and minimizing the risk of injury or damage to the machine. Therefore, for proper operation instructions of the jointer, it is recommended to consult the manufacturer's manual or seek professional assistance.
For proper operation instructions of the jointer Rabbeting.
Joiners are strong, possibly dangerous woodworking tools that need to be handled and used correctly to be safe and effective. For detailed instructions on how to use the jointer safely, correctly, and in terms of setup and maintenance, it is crucial to refer to the manufacturer's manual.
Choosing the best blades and tuning the machine for best results may both be covered in the manual. Additionally, especially if you are a newbie, it may be beneficial to seek out expert advice or instruction on how to use the jointer securely and successfully.
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Your question is incomplete, but most probably the full question was.
For proper operation instructions of the jointer is ______
What can be used to customize how the data is tracked in the Conversions
column
Answer:
The answer is "Include in Conversions setting".
Explanation:
It may or may not want to include information from a conversion action in your reporting row "Conversions." For each one of your transfer actions, you can set its configuration. So, how it can include some categories of conversions to not include others, therefore, it can use Conversions to change how well the data throughout the Conversions section is monitored.
How Social Media can Destroy Your Finances
Answer:
You buy unnecessary items that have no purpose later on, or you buy an over expensive item that you cant seem to pay back later on in other circumstances
business ________ is the ability to improve business decision making with databases and other fact-based support systems.
Business intelligence (BI) is the ability to improve business decision making with databases and other fact-based support systems.
BI refers to the technologies, applications, and practices used to collect, integrate, analyze, and present data to enable better decision making. The main goal of BI is to help organizations make informed decisions by providing accurate and timely data insights.BI tools allow organizations to identify trends, patterns, and relationships within their data, enabling them to make more informed decisions. These tools include data warehousing, data mining, and predictive analytics. Data warehousing is the process of collecting and storing data from various sources into a central repository. Data mining is the process of extracting valuable information from this data, and predictive analytics is the use of statistical algorithms and machine learning techniques to identify patterns and make predictions.With BI, organizations can gain a better understanding of their business operations, identify areas for improvement, and make more informed decisions. BI can be applied to various business functions, including sales and marketing, finance, and supply chain management. By leveraging BI tools, organizations can improve their competitive advantage and drive business growth.For more such question on Business intelligence
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1. Juanita worked for several years in her uncle's auto repair shop. She learned how to do all types of repairs. She enjoys getting out and meeting new people. She doesn't like sitting at a desk and working all day on the computer. Her math skills are good, but she did not take any math classes as part of her two-year associate's degree. She is good with people and good in a crisis. She is also detail oriented. Which insurance career listed above would probably be a good fit for Juanita? Why? (8 points)
Answer:
she'll be an claim adjuster/investigator she works at repair shop so she can investigate it and see what insurance they need
Explanation:
The insurance career that would probably be a good fit for Juanita based on her math skills would be a Claims Adjuster.
Who are Claim Adjusters ?Claims adjusters are responsible for investigating and resolving insurance claims. They typically work for insurance companies, but they may also work for independent adjusting firms.
Claims adjusters need to be good with people and be able to handle difficult situations. They also need to be detail-oriented and have good math skills. Juanita's experience working in her uncle's auto repair shop would give her a good foundation for this career. She would also be able to use her math skills to calculate estimates and settlements.
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mojo mining has a bond outstanding that sells for $2,138 and matures in 16 years. the bond pays semiannual coupons and has a coupon rate of 6.82 percent. the par value is $2,000. if the company's tax rate is 21 percent, what is the aftertax cost of debt?
To calculate the after tax cost of debt, we first need to calculate the semiannual coupon payment: Coupon payment = Par value x Coupon rate / 2
Coupon payment = $2,000 x 6.82% / 2 = $68.20
Next, we need to calculate the yield to maturity (YTM) of the bond. We can use a financial calculator or an Excel spread sheet to do this. Assuming a YTM of 4.5%, we get a bond price of:
Bond price = $68.20 / (1 + 4.5%/2)^32 + $2,000 / (1 + 4.5%/2)^32
Bond price = $2,138.09
Since the bond is selling at par, the YTM equals the coupon rate of 6.82%. Therefore, the before-tax cost of debt is 6.82%.
To calculate the after tax cost of debt, we need to take into account the company's tax rate of 21%. The after-tax cost of debt is:
After-tax cost of debt = Before-tax cost of debt x (1 - Tax rate)
After-tax cost of debt = 6.82% x (1 - 21%)
After-tax cost of debt = 5.38%
Therefore, the after tax cost of debt for Mojo Mining is 5.38%.
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Which of the following is the major cost controlled by a store manager? A. vendor fees
B. advertising on local radio
C. compensation and benefits for employees D. socialization of new employees
E. special events
The compensation and benefits for employees is the major cost controlled by a store manager.
The store manager is responsible for overseeing the day-to-day activities of a store or department and ensuring that sales targets are met. The store manager must also keep track of inventory and manage the store's budget. The store manager must keep expenses under control to maximize profits. Vendor fees, socialization of new employees, special events, and compensation and benefits for employees are the costs controlled by the store manager.
A store manager's major cost is the compensation and benefits for employees. It is important to keep these costs under control while still offering competitive pay and benefits to employees. Compensation costs can be managed by developing pay scales, rewarding good performance, and providing opportunities for advancement. Benefits costs can be managed by offering cost-effective benefits packages and promoting wellness programs that help keep employees healthy and productive. The store manager must ensure that these costs are balanced with the store's profitability.
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Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.54 percent, a par value of $1,000 per bond, matures in 4 years, has a total face value of $3.8 million, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.10 percent, a par value of $2,000 per bond, matures in 23 years, has a total face value of $8.1 million, and is quoted at 95 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 39 percent. What is the firm's weighted average aftertax cost of debt
Answer:
3.20%
Explanation:
The firm's weighted average aftertax cost of debt can be determined by first of all determining the before-tax cost of each debt.
Using a financial calculator, the before-tax costs of debt are ascertained as follows:
Bond 1:
N=8(number of semiannual coupons in 4 years)
PMT=17.70 (semiannual coupon=face value*coupon rate/2=$1,000*3.54%/2=$17.70)
PV=-1030(current price=$1000*103%=$1030)
FV=1000(the face value is $1000)
CPT
I/Y=1.37%(the semannual yield, annual yield=1.37%*2=2.74%)
after-tax cost of first debt=2.74%*(1-39%)=1.67%
Bond 2:
N=46(number of semiannual coupons in 23 years)
PMT=30.50 (semiannual coupon=face value*coupon rate/2=$1,000*6.10%/2=$30.50)
PV=-950(current price=$1000*95%=$950)
FV=1000(the face value is $1000)
CPT
I/Y=3.26%%(the semannual yield, annual yield=3.26%%*2=6.52%)
after-tax cost of second debt=6.52%*(1-39%)=3.98%
market value of first debt=$3.8 million*103%=$3,914,000
market value of second debt=$8.1 million*95%=$7,695,000
total market value of debts=$3,914,000+$7,695,000=$11,609,000
firm's weighted average aftertax cost of debt=(1.67%*$3,914,000/$11,609,000)+(3.98%*$7,695,000/$11,609,000)
firm's weighted average aftertax cost of debt=3.20%
Torres Company accumulates the following summary data for the year ending December 31, 2017, for its Water Division, which it operates as a profit center: sales-$2,080,900 budget, $2,193,600 actual; variable costs-$1,016,900 budget, $1,049,500 actual; and controllable fixed costs-$298,400 budget, $304,900 actual.Prepare a responsibility report for the Water Division.
Responsibility Report
Water Division
Year Ending December 31, 2017
Sales:
Budget: $2,080,900
Actual: $2,193,600
Variable Costs:
Budget: $1,016,900
Actual: $1,049,500
Controllable Fixed Costs:
Budget: $298,400
Actual: $304,900
Profit (Loss):
Sales Variance: $112,700 (Favorable)
(Actual sales - Budgeted sales)
Variable Costs Variance: $32,600 (Unfavorable)
(Actual variable costs - Budgeted variable costs)
Controllable Fixed Costs Variance: $6,500 (Unfavorable)
(Actual controllable fixed costs - Budgeted controllable fixed costs)
Overall Division Performance:
Net Profit: $45,600
(Actual sales - Actual variable costs - Actual controllable fixed costs)
The Water Division of Torres Company performed favourably in terms of sales, with actual sales exceeding the budgeted amount by $112,700. However, it experienced an unfavourable variance in variable costs, exceeding the budget by $32,600. Controllable fixed costs were higher than budgeted, with an unfavourable variance of $6,500.
Despite the unfavourable variances in costs, the Division managed to generate a net profit of $45,600.
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Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She
isn't concerned with personal liability, but she wants
the business to be easy to set up.
Answer:
sole proprietorship
Explanation:
The sole proprietorship is the type of business owned and run by a single individual. The owner is a sole trader. In a sole proprietorship, the owner sources capital by themselves, keeps all the profits, and suffers the losses alone.
A sole proprietorship is the easiest form of business to set up. The only requires to obtain a registration certificate and a trading license from the local authorities. Esperanza should open a sole proprietorship business. Unlimited liability is the biggest shortcoming for a sole proprietorship, but that does not seem to bother Esperanza.
When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.
constructive criticism
verbal warning
destructive criticism
discipline
Answer:
conatructive critcism
Explanation:
they are critisming you so you can do better
The price elasticity of demand would most likely be highest for which of the following goods?
a. Food (in general)
b. Cars (in general)
c. clothing (in general)
d. Ford cars
e. a, b, or c
The price elasticity of demand would most likely be highest for option e, which includes a, b, or c (Food, Cars, or Clothing in general). The correct option is E.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price. When demand for a good is elastic, it means that a small change in price leads to a relatively larger change in quantity demanded. Elastic demand occurs when consumers are highly responsive to price changes and tend to adjust their purchasing behavior significantly.
Among the options provided, food, cars, and clothing are all goods that generally have substitutes available in the market. Availability of substitutes is one of the key factors influencing price elasticity of demand. When substitutes are readily available, consumers have more options to choose from, and they are more likely to be price sensitive.
For example, in the case of food, there are often many substitute products within the category such as different types of fruits, vegetables, grains, and proteins. Consumers can easily switch between these options based on price changes.
Similarly, cars and clothing have various brands, models, and alternatives in the market. Consumers can compare prices and features and make choices based on their preferences and budget.
Therefore, option e, which includes food, cars, or clothing in general, is likely to have the highest price elasticity of demand because these goods have substitutes and consumers have more flexibility to respond to changes in price.
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most marketing executives have a utilitarian response to ethical problems. in those situations, a utilitarian model is illustrated by
While approaching an ethical issue in marketing, the utilitarian tradition would consider: the benefits and costs of each exchange. i.e. Option B
Utilitarianism is a hypothesis of profound quality that supporters activities that encourage satisfaction or joy and go against activities that cause misery or damage. When coordinated toward making social, financial, or political choices, a utilitarian way of thinking would go for the gold of society all in all.
Utilitarianism would agree that that an activity is correct in the event that it brings about the bliss of the best number of individuals in a general public or a gathering. Utilitarianism is a practice of moral way of thinking that is related with Jeremy Bentham (1747-1832) and John Stuart Plant (1806-1873), two late eighteenth and nineteenth century English savants, financial experts, and political masterminds. Utilitarianism holds that an activity is correct assuming it will in general advance bliss and wrong on the off chance that it will in general create trouble, or the converse of joy — in addition to the joy of the entertainer yet that of everybody impacted by it.
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Correct Question -
While approaching an ethical issue in marketing, the utilitarian tradition would consider:
A. the degree to which individuals freely participate in an exchange.
B. the benefits and costs of each exchange.
C. other values that are affected by the exchange.
D. personal characters of the parties that are involved in the exchange.
can you write checks or pay bills directly from an online savings account?
Customers are not permitted to cash checks against their savings accounts in accordance with federal regulations.
What is saving account ?You will typically make your request to open a traditional saving account online, in-branch, or over the phone, although the procedures for doing so vary from financial institution to financial institution. After that, you'll deposit a sufficient amount to meet the minimum, if any, requirement. To reach your savings goal, set up a regular, recurring deposit from your paycheck or checking account, whichever you prefer. Make any necessary adjustments and keep an eye on your spending to see if this amount is within reach. Despite the fact that they typically only pay a low interest rate, these accounts are a great way to store money for immediate needs due to their safety and dependability.
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Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts home equity using credit score as the explanatory variable? Ý Ex: 1.234 x + (Ex: 1.234 What is the interpretation of the slope? Pick What is the interpretation of the intercept? Pick
I'm sorry, but as a text-based AI, I cannot directly access or interact with external files or spreadsheets.
Therefore, I am unable to create scatterplots using specific data from a spreadsheet.
However, I can still provide you with an explanation of how to create scatterplots and determine the regression line equation using the data you have. If you could provide the data points for credit score and home equity, I can guide you through the process step by step.
In general, to create a scatterplot and determine the regression line equation, you can follow these steps:
1. Organize your data: Make sure you have a set of paired data points consisting of credit scores and corresponding home equity values.
2. Plot the data: Create a scatterplot by representing each data point as a dot on a graph. Place the credit scores on the x-axis and the home equity values on the y-axis.
3. Determine the line of best fit: Visually inspect the scatterplot and try to identify the general trend of the data points. If there appears to be a linear relationship, you can draw a line that best fits the data.
4. Calculate the regression line: Use statistical methods like linear regression to determine the equation for the line of best fit. This equation will describe the relationship between credit scores (explanatory variable) and home equity (response variable).
The regression line equation will have the form: y = mx + b, where y represents the predicted home equity, x represents the credit score, m represents the slope of the line, and b represents the y-intercept.
To interpret the slope and intercept:
- Slope (m): The slope represents the rate of change in the home equity for every unit increase in the credit score. For example, if the slope is 1.234, it means that for every one-unit increase in the credit score, the home equity is expected to increase by 1.234 units (in the same unit as home equity).
- Intercept (b): The intercept represents the value of the home equity when the credit score is zero. However, it's important to note that the interpretation of the intercept depends on the context and the range of credit scores in your data.
If you provide me with the specific data points, I can help you calculate the regression line equation and provide a more accurate interpretation of the slope and intercept.
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Where is the location of the Board of Governors?
major factors influencing economic growth
Answer:
Some major factors:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Answer:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
the highest valued alternative that must be given up in order to choose an option is called the:
Answer:
The opportunity cost
Explanation:
If the equilibrium price for tickets to a a Bruno Mars concert is $150 each and he sells them for $100, a. Does he create a market surplus or shortage? Shortage Surplus Neither a shortage nor surplus b. Suppose scalpers buy 10,000 tickets and resell them for $150 each. How much profit do the scalpers earn?
Bruno Mars is selling his tickets at a price of $100 while the equilibrium price for tickets to a Bruno Mars concert is $150 each. This means that Bruno Mars is selling the tickets at a lower price than the equilibrium price.
So, there would be a shortage of tickets because people would demand more tickets at $100 than the supply. As a result, the demand for tickets would increase but the supply would not be enough to fulfill that demand. b. Suppose scalpers buy 10,000 tickets and resell them for $150 each. How much profit do the scalpers earn? If scalpers buy 10,000 tickets and resell them at $150 each, their total revenue would be $150 x 10,000 = $1,500,000. If scalpers initially bought each ticket for $100, then their total cost would be $100 x 10,000 = $1,000,000. Therefore, the profit scalpers earn would be the difference between the total revenue and the total cost. Hence, the profit scalpers would earn would be $1,500,000 - $1,000,000 = $500,000.
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Type the correct answer in the box. Spell all words correctly. Which tralt represents the ability to find solutions and achleve goals, even with limited resources? is the ability to find solutions and achleve goals, even with limited resources, by thinking creatively and coming up with alternative Ideas. Reset Next
Answer: This would be the characteristics of the trait motivation
Explanation:
Motivation is the ability to find solutions and achieve goals, even with limited resources, by thinking creatively and coming up with alternative ideas. Hope this helps
Motivation is the trait that represents the ability to find solutions and achieve goals, even with limited resources, by thinking creatively and coming up with alternative ideas.
What is motivation?Motivation is the cause of a behavior's initiation, continuation, or termination in humans and other animals at a certain time. Motivational states are frequently interpreted as internal forces that produce a disposition to participate in goal-directed activity in the agent. Different mental states are said to compete with one another, and only the strongest state can determine behavior.
The word "motive," which refers to a person's needs, wishes, wants, or drives, is the root of the word "motivation." It is the process of inspiring people to act in order to accomplish a goal. In the context of career aspirations, psychological factors influencing people's behavior may include a desire for money.
Therefore, the trait that represents the ability to find solutions and achieve goals, even with limited resources is called motivation.
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A master franchisee, in addition to having the right to open and operate a specific number of locations in a particular area, also has the right to ________. Group of answer choices stop making royalty payments if its sales decline offer and sell the franchise to other people in its area use its own operating manuals to run its franchise outlets stop making royalty payments if it is losing money sell products made by companies other than the franchisor
Answer: Use its own operating manuals to run its franchise outlets stop making royalty payments if it is losing money
Explanation:
A franchisee is a business owner who runs a franchise. The franchisee has some rights to carry out some activities. Some of those activities include using his own ideas to run the franchise although he still has to follow the original blueprint the franchise runs on.
Also, when things begin to get bad and there is a drastic reduction in sales he can slow down remitting money to the franchisor.
how much would you cost to have a good night
Answer:
as much as i need
Explanation:
why is tax accounting important?
Answer:
Tax accountants ensure that companies and individuals comply with tax laws by filing their federal and state income tax returns. Some tax accountants also offer tax planning advice to help businesses and individuals save money in taxes.