The Delta company uses a perpetual inventory system. The beginning balance of inventory and the purchases made by Delta during the month of July are given below:
Date Description Units Unit cost Total cost
July 01 Beginning inventory 500 $20 $10,000
July 10 Sold 250 units at $50 each
July l5 Inventory purchased 800 $24 $19,200
July 18 Sold 700 units at $50 each
July 25 Inventory purchased 700 $26 $18,200
Total 2,000 $47,400
Required: Using a copy form 4c Complete Inventory chart and Compute inventory on 31st July and cost of goods sold for the month of July using following inventory costing methods:
1. First in, first out (FIFO) method
2. Last in, first out (LIFO) method

Answers

Answer 1

The Delta company uses a perpetual inventory system. The beginning balance of inventory and the purchases made by Delta during the month of July are given below:

DateDescriptionUnitsUnit costTotal costJuly 01Beginning inventory500$20$10,000July 10Sold250 units at $50 eachJuly l5Inventory purchased800$24$19,200July 18Sold700 units at $50 eachJuly 25Inventory purchased700$26$18,200Total2,000$47,400

Inventory chart for July using the FIFO methodDatePurchasesSalesUnit costTotal costUnit costTotal costJuly 01Beginning inventory500$20$10,000July 15Purchase800$24$19,200July 25

Purchase700$26$18,200 Total1,500$47,400  Jul 10 Sold 250 units (From beginning inventory) = 250 × $20

= $5000Jul 18 Sold 700 units (From 800 units purchased on 15th July and 500 units of beginning inventory)

= 500 × $20 + 300 × $24 = $23,200Inventory on 31st July= 1,500 – 950= 550 units.

Cost of goods sold = $5,000 + $23,200= $28,200.

Inventory chart for July using the LIFO methodDatePurchasesSalesUnit costTotal costUnit costTotal costJuly 01Beginning inventory500$20$10,000July 25Purchase700$26$18,200July 15Purchase800$24$19,200 Total1,500$47,400Jul 18 Sold 700 units (From 700 units purchased on 25th July and 800 units purchased on 15th July) = 700 × $24 + 100 × $26 = $17,800Jul 10 Sold 250 units (From 500 units of beginning inventory and 550 units purchased on 25th and 15th July) = 250 × $26 + 250 × $24 + $20× 500 = $18,500Inventory on 31st July= 1,500 – 950

= 550 units.

Cost of goods sold = $17,800 + $18,500= $36,300.

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Related Questions

three basic approaches used to produce innovation include __________________________________.

Answers

Three basic approaches used to produce innovation include:

1. Innovation from within the organization

2. Collaboration with external partners

3. Open innovation

1. Innovation from within the organization:

This is the first basic approach used to produce innovation. It involves finding new ways to improve an existing product or service by analyzing the current processes or products and coming up with creative solutions to make them better. This can involve looking at different aspects of the organization, such as operations, marketing, finance, and human resources.

2. Collaboration with external partners:

The second basic approach used to produce innovation is collaborating with external partners. This can involve partnering with other companies or individuals to bring new ideas to the table, or collaborating with universities, research institutions, or government agencies to access cutting-edge technology and research.

3. Open innovation:

The third basic approach used to produce innovation is open innovation. This approach involves using external resources to generate new ideas and solve problems. It may include crowdsourcing, open source software, or other forms of collaboration to tap into a wider range of ideas and expertise.

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In IS implementation, which factor can lead to the risk of loss of confidentiality?
A.
loss of key employees
B.
poor password practices
C.
loss of hardware
D.
unskilled personnel

Answers

Answer:

B. poor passward practices

Explanation:

I dont have one exept that I took the edmentum test and it was right.

Answer:

THe answer is B

Explanation:

Addison Company experienced an accounting event that affected its financial statements as indicated below: Assets Stockholders' = Liabilities + Equity Revenue + Expense Net Income Stat + + +Which of the following accounting events could have caused these effects on Addison's financial statements? Multiple Choice O Collected cash from accounts receivableO Earned revenue on accountO Collected cash from accounts receivable O Earned revenue on account O Issued common stock O Earned cash revenue

Answers

The following accounting event that the Addison Company encountered had an impact on its financial statements: Assets Stockholders' = Revenue + Expense Net Income Statue + + +, The right response is earned income on account.

Explain Which accounting event appears on Addison's financial accounts as a result of earned revenue on account?

The following accounting event appears on Addison's financial statements as a result of earned revenue on account.

Accounting is a term used to refer to the measurement, processing, and verbal transmission of economic and non-economic data about financial institutions such as corporations and agencies. Accounting, also known as the "language of business," measures the results of an organization's financial activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators.

Professionals in accounting include accountants. The terms accounting and financial reporting are frequently used synonymously. Tax accounting, fee accounting, financial accounting, and control accounting are only a few examples of the several categories into which accounting can be split.

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Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs

Answers

the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.

WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours

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100 POINTS!!

Could the price controls on bread have been avoided in some prudent way?

Answers

The price controls on bread has not been avoided because Maximum price is reduced on the price of food to make it more affordable, but the limitation is maximum price may lead to less supply in shortage.

What do you mean by Price control?

Price controls are those restrictions which was imposed by governments to ensure that the goods and services remain affordable to consumers.

Prices assigned scarce resources. Price controls distort those signals, leading to the inefficient allocation of goods and services. Proper fiscal and monetary policies can reduce inflation without costs imposed by price controls.

Their are many negative effects of price control. By having shortage, they cause people to wait, sometime they cause the quality of products whose prices are controlled to fall, and they can lead to partiality by suppliers.

Therefore, The price controls on bread can not been avoided.

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Which examples demonstrate common qualifications for Security and Protective Services careers? Check all that apply.

Brooke negotiates with the prison inmates she supervises.
Ami is comfortable working alone and making decisions in her work as a Private Detective.
Reed thinks of creative solutions for defending a client in court.
Vincenzo attends college for many years and earns a juris doctor degree.
Shameka watches for unusual activities and signs of danger as she guards a bank building.
Teddy is a Lifeguard who uses his strength to pull a person out of the water.

Answers

Answer:

2,5,6

Explanation:

Ami,shameka,teddy

Answer:

2,5,6

Explanation:

Given that sponsorships are 48 percent of the total marketing investment, can you attribute 48 percent of the total $14.5m revenue to the sponsorship activity?

Answers

The total marketing investment is $14.5 million, and sponsorships account for 48 percent of that total. To determine if we can attribute 48 percent of the total revenue to the sponsorship activity, we need to follow these steps:

1. Calculate the amount of the total marketing investment that represents the sponsorship activity. To do this, multiply the total marketing investment ($14.5 million) by the percentage that represents sponsorships (48 percent):

$14.5 million x 0.48 = $6.96 million

2. The result of the calculation is $6.96 million. This means that $6.96 million of the total marketing investment is allocated to sponsorships.

3. However, it is important to note that the revenue generated from sponsorships may not necessarily match the amount invested in sponsorships. The revenue generated could be higher or lower than the investment. Therefore, we cannot directly attribute 48 percent of the total revenue to the sponsorship activity.

To summarize, while sponsorships account for 48 percent of the total marketing investment ($6.96 million), we cannot directly attribute 48 percent of the total revenue to the sponsorship activity. The revenue generated from sponsorships may differ from the investment amount.

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In recent years, various forms of media—newspapers, television stations, radio networks, and even blogs—are increasingly owned by.

Answers

In recent years, the various forms of media- the newspapers, television stations, radio networks, and even blogs are increasingly owned by a small number of corporations.

What is media?

In mass communication, media refers to the channels of communication or technologies that are used to transmit and store information or data. The phrase is applicable to various facets of the mass media communications industry, including print media, publishing, the news media, photography, film, broadcasting (radio and television), digital media, and advertising. The invention of early writing and paper, which made it possible for longer-distance communication networks like mail, including in the Persian Empire and Roman Empire, could be seen as the emergence of early forms of media. Authors like Howard Rheingold have framed early forms of media as early forms of writing and human communication, like the Lascaux cave drawings. According to H.L. Mencken, mass media first appeared in American usage in 1923.

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What are the pros and cons of stock buybacks for the firm's
stakeholders and the economy as a whole?
If you were the CEO of a publicly listed company, would you
use stock buybacks? (Why or why not?)
D

Answers

Pros: Increase shareholder. Improve balance sheet, Increase liquidity.

Cons: Reduce investment, Encourage a short-term focus, Be seen as a negative signal by investors.

CEO decision: Consider using stock buybacks if believed to be in the best interests of shareholders, but carefully weigh the pros and cons.

Pros:

Increased shareholder value: Stock buybacks can increase shareholder value by reducing the number of shares outstanding, which can increase earnings per share (EPS).

Improved balance sheet: Stock buybacks can improve a company's balance sheet by reducing debt and increasing cash reserves.

Increased liquidity: Stock buybacks can increase liquidity in a company's stock, which can make it easier for investors to buy and sell shares.

Cons:

Reduced investment: Stock buybacks can reduce the amount of money that a company has available to invest in new products, services, or acquisitions.

Short-term focus: Stock buybacks can encourage a short-term focus by management, as they are rewarded for increasing EPS in the short term.

Negative signal: Stock buybacks can be seen as a negative signal by investors, as they may indicate that the company has no other good uses for its cash.

If I were the CEO of a publicly listed company,

I would consider using stock buybacks if I believed that they would be in the best interests of my shareholders. However, I would carefully weigh the pros and cons before making a decision, as there are both potential benefits and risks associated with stock buybacks.

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The lengths of the sides of two squares are 4cm and 6cm . find in its simplest form the ratio of their perimeters and areas ​

Answers

Answer:

Perimeters, 2:3

Areas, 4:9

Explanation:

The formula for calculating the area of a square is L squared. Findings perimeter is L x 4

The perimeters

The Perimeter of the first square: 4cm x 4 = 16

The perimeter of the second square: 6cm x 4 =24

Their ration will be 16:24

in simple form = 2:3

The areas

Area of the first square: 4 x 4 = 16

Areas of the second square: 6 x 6 =36

Their ratio will be 16:36

In simple form= 4:9

The purpose of "tell me" is all of the following except:
demonstrate the "how"
introduce something new
explain the "why"
set clear expectations

Answers

The purpose of "tell me" is to demonstrate the "how", introduce something new, explain the "why", and set clear expectations, but that's all. Because "tell me" is used when asking a question. And answer the "why" question.

The demo comes from the Latin "to prove", meaning "to show by argument or reasoning." To substantiate your point, you need to make a valid claim and provide an example of why you think it is true. A protest can also mean a public demonstration.

The demonstration is defined as demonstrating something by one's own example. An example of a demo is to show someone how to cook a meal. The demonstration is something that is made clear by reasoning, something that is done in action to clarify a situation. A show, on the other hand, means making the other person see something without explicit action.

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what elements of the national business environment might influence your decision on where to move production?

Answers

The elements of a nation's national business environment that influences the decision on where to move production include:

Taxation policies Profit repatriation policies Foreign ownership restrictions

What should affect the decision to move production to another country?

One should look at the taxation policies in the nation to see how much taxes would need to be paid and if this is conducive.

Profit repatriation policies should also be looked at to ensure that a company can easily take out profits from the nation. Another important element are any foreign ownership restrictions on certain businesses to ensure that you are allowed to do business in that sector.

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You noticed a mistake: Your own records do not match the bank statement you just received.

Which option describes the steps you should take to solve this situation? Check all that apply.

Answers

You noticed a mistake that own records do not match the bank statement you just received. The steps need to take to solve this situation are:

Check my records first to see if the mistake is mineCall the bank after making sure my records are correct

Why should our bank statement be error free?

Having an error-free bank statement is crucial for several reasons. Firstly, it ensures that the financial transactions are accurately recorded and that the balances and transactions reported on the statement are correct. This is important for individuals and businesses to maintain an accurate record of their financial activities, and to identify any discrepancies or fraudulent activities.

Secondly, an error-free bank statement can help to prevent overdrafts, insufficient funds, and other financial penalties that may result from inaccurate or missing transactions. Finally, a correct bank statement provides a clear picture of an individual's financial health and helps in making informed financial decisions.

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In the control process, which of the following is NOT a possible step after comparing performance to standards?
Revise standards
Check if the standards are acceptable
Check if variance is acceptable
Establish standards

Answers

Establishing standards is NOT a possible step after comparing performance to standards in the control process.

After comparing performance to standards in the control process, the step of "establishing standards" is not typically taken. This is because the standards should have already been established prior to the comparison. The control process involves setting standards or benchmarks to define expected performance levels. Once the performance is measured and compared to these standards, the subsequent steps involve analyzing the variance, determining if the variance is acceptable or not, and then taking corrective actions if necessary. The possible steps after comparing performance to standards include revising standards if they are unrealistic or outdated, checking if the standards themselves are acceptable, and evaluating whether the observed variance from the standards is acceptable or requires corrective action.

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Because better weather makes farmland more productive, farmland in regions with good weather conditions is more expensive than farmland in regions with bad weather con- ditions. Over time, however, as advances in technology have made all farmland more productive, the price of farmland (adjusted for overall inflation) has fallen. Use the concept of elasticity to explain why productivity and farmland prices are positively related across space but negatively related over time.

Answers

Answer:

The price of farmland is actually very stable, although it has slightly decreased in the last few years. But the decrease is not because farmland is more or less productive, but because the price of crops decreased a lot in the last 4 years. Do to president's Trump trade wars, the demand for US crops fell dramatically. This hurt farmers a lot, not because the price of their land decreased, but because their revenues collapsed. A farm is just like any other business, if the cash flows decrease by 30 or 40%, it is normal that the price of the business will decrease.

Actually the price of farmland didn't decrease as much as their cash flows. Each farmer probably lost at least 30% of their total revenues, but the price of the land only decreased by 0.8% on average. This happens because the supply of land is extremely inelastic. You cannot just make more farmland, it doesn't work that way.

As productivity increases, the price of farmland increases also. But on the long run, as the prices and productivity increases, new technologies increase productivity even more, diminishing the amount of farmland needed to produce the same output. Farmland productivity has increased a lot in the past decades, which has increased total food production. The problem is that as more food is supplied, its price goes down. This results in prices of farmland decreasing over time due to technological break troughs.

This only happens in some countries like the US, Canada, Brazil, Argentina, and a few others where farmland is extremely abundant and the population per square mile is very low. In other places, e.g. south east Asia, where people are packed like sardines, the price of land hasn't stop rising and will continue to rise because the demand is much higher than the supply.

How can a company have a profit (net income) but not have Cash?

Answers

Answer:

see below

Explanation:

Profit is when there a positive difference between the revenue a company generates and its expenses. Cash flows refer to the movement of money in and out of business. Positive cash flow is when the business has a stream of cash inflows enabling it to pay its bills on time.

When a business uses the accrual system, it records revenue when it makes a sale regardless of whether a payment has been made. If there is a delay in collecting payments from customers, the business will show more revenues but little cash inflow. The income statement will indicate profits, but the cash flow statement will be negative. Therefore, when a business is slow in collecting receivables, it will be reporting profits and negative cash flows.

 

Educational sites that are run by colleges, universities, or other learning organizations typically have what at the end of their domains?

Answers

They usually have (.edu) at the end of their domain

ersonal managers, as the name implies, are primarily responsible for the personal well-being of their clients, leaving most business decisions to attorneys and booking agents.

Answers

True - Personal managers, as the name implies, are primarily responsible for the personal well-being of their clients, leaving most business decisions to attorneys and booking agents.

A legal professional is a person who practices law. The function of a lawyer varies greatly across specific criminal jurisdictions. A lawyer may be classified as an advise, legal professional, barrister, canon attorney, civil regulation notary, recommend, counselor, solicitor, prison executive, or public servant — with every position having one-of-a-kind capabilities and privileges.[1] operating as a legal professional typically involves the sensible application of abstract legal theories and knowledge to clear up precise problems. a few legal professionals additionally paintings mostly in advancing the pursuits of the regulation and criminal career.

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What does it mean when someone’s account is “overdrawn”?

Answers

The term someone’s account is “overdrawn” means that you have spent more money than is available or found in it and are therefore the person is said to be owing money to the bank.

What does it signify when your account is overdrawn?

When you do not have enough money in your account to cover any kind of transaction but the bank nevertheless covers the transaction, this is known to be called an overdraft.

Therefore, based on the above, one can say that The term someone’s account is “overdrawn” means that you have spent more money than is available or found in it and are therefore the person is said to be owing money to the bank.

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select all that apply the lowest rate of unemployment compatible with price stability, variously estimated at between 4 and 6%, is . multiple select question. inflation-adjusted unemployment full employment natural rate of unemployment gdp employment

Answers

That all apply the lowest rate of unemployment compatible with price stability, variously estimated at between 4 and 6%, are Inflation-adjusted unemployment, Full employment, and Natural rate of unemployment.

The natural rate of unemployment (NRU) refers to the level of unemployment that occurs when the labor market is in a state of equilibrium, with the economy operating at its potential output level. This means that all available resources, including labor, are being utilized efficiently, and there is no cyclical unemployment caused by fluctuations in the business cycle.

Estimating the NRU is challenging, as it can vary over time and across countries depending on factors such as demographics, technology, and institutional factors like labor market regulations. However, it is an important concept for policymakers to consider when making decisions about monetary and fiscal policy, as it provides a benchmark for assessing whether the economy is operating at full capacity or is experiencing imbalances that may require intervention.

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________ is marketing research designed to solicit initial consumer reaction to new product ideas.

Answers

Concept testing is a type of market research used to get consumers' first impressions on new product concepts.

Concept testing is the process of gauging consumer acceptance of a new product idea before a product is introduced to the market using surveys (and occasionally qualitative methods), to be distinguished from pre-test markets and test markets which may be used at a later stage of product development research. Concept testing is a research technique that entails interviewing consumers about your concepts and ideas for a product or service prior to its actual launch. As a result, you may predict customer acceptance and purchase intent and make important decisions prior to the launch.

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what is 4/8 = ??????????????????????

Answers

Answer:

4/8 is equivalent to 1/2

Explanation:

Hope it helps a lot :]

Answer:

4 divided by eight? if this is the question then the answer is 1/2

Explanation:

let me know if that was what you were asking

During 2022, Metlock, Inc. had $117000 in cash sales and $918000 in credit sales. The accounts receivable balances were $162000 and $190800 at December 31, 2021 and 2022, respectively. Using the direct method of reporting cash flows from operating activities, what was the total cash collected from all customers during 2022

Answers

The cash collections in the year 2022 comes out to be $1,006,200 by using the direct method of cash flow statement.

What is a cash flow statement?

A cash flow statement is an accounting record which tells the final cash position of an entity after finalizing the balance sheet and income statement.

Given values:

Total sales: $1,035,000 (Cash sales + Credit sales)

Increase in accounts receivables: $28,800 (Closing amount - Opening amount)

Computation of cash collected from customers by direct method:

\(\rm\ Cash \rm\ Collections \rm\ from \rm\ Customers=\rm\ Total \rm\ Sales-\rm\ Increase \rm\ in \rm\ Accounts \rm\ Receivable\\\rm\ Cash \rm\ Collections \rm\ from \rm\ Customers=\$1,035,000-\$28,800\\\rm\ Cash \rm\ Collections \rm\ from \rm\ Customers=\$1,006,200\)

Therefore, when the sales are in total of $1,035,000 and there is a increase in receivables by $28,800, then the amount of cash collections comes out to be $1,006,200.

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which republicans voted for debt ceiling

Answers

Answer:

   John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.

Your job here is to analyze two different mechanisms used to provide money to low-wage workers. One mechanism is to subsidize wages of poor workers; for simplicity, you can consider a per unit subsidy in a competitive market (i.e., S & D works) for unskilled labor. The other is to establish what we have referred to in class as a "generic" welfare program; that is, the amount paid by the government to the individual declines as the individual earns more (by working additional hours).
Suppose you hear someone make the following claim:
Those two ways of providing money to low-wage workers are very similar. The reason is that, with either program in place, the amount that low-wage workers can consume will increase.
Using your knowledge of income and substitution effects, explain why that claim is misguided. We are looking for a precise, detailed answer here.

Answers

The claim, “Those two ways of providing money to low-wage workers are very similar. The reason is that, with either program in place, the amount that low-wage workers can consume will increase,” is misguided since the two methods have different implications on consumption.

Income and substitution effects can help in understanding why.

The income effect refers to the change in the demand for a product or service brought about by the change in purchasing power due to a change in price.

Substitution effect, on the other hand, refers to the change in the demand for a product or service brought about by the change in relative prices while keeping purchasing power constant.

In the case of subsidizing wages of poor workers, the price of labor decreases, and the number of workers demanding the labor increases.

The change in the price of labor results in the income effect whereby the worker’s real income increases.

As a result, the worker may consume more of both normal and inferior goods and services.

In the case of establishing a generic welfare program, the income effect and substitution effect apply.

As the individual’s income increases, there is a positive income effect and negative substitution effect.

With the income effect, the individual’s demand for normal goods and services increases.

However, the substitution effect, which results in the income from work being less than the amount received through the welfare program, results in the individual consuming more of inferior goods and services.

Thus, the claim is misguided since the two mechanisms have different implications on consumption.

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Conducting a search of the store is part of store closing duties. Why?

Answers

Hello there! Conducting a search of the store is part of store closing duties because it is necessary to ensure:

1. Everything is in place

If things are not in place in a store, things would be very messy when opening the store the next day. Conducting a search of the store to see if everything is in place also ensures that no merchandise was stolen, and if so, persecution would be followed through with accordingly.

2. There is nobody trespassing/lurking

Conducting a search of the store is part of store closing duties because it assures workers that nobody is lurking in the shadows or intruding without the attention of any employee. Trespassing is illegal in most places, and it is a severe felony in some places. Whenever a store attendant is unaware of somebody who is in the store without permission, countless things can happen that do not work in favor of benefitting the business. However, conducting a search of the store during closing time would eliminate this concern.

If you need any extra help, let me know and I will gladly assist you.

Reconstruction was an opportunity to move our country forward.
How did America benefit from Reconstruction and what were some of
the challenges and failures of the movement? Explain.

Answers

Reconstruction was indeed an opportunity for the United States to move forward and bring about significant changes in the aftermath of the Civil War. While it had several benefits, there were also challenges and failures associated with the Reconstruction era. Let's explore both aspects:

Benefits of Reconstruction:

1. Emancipation of Slaves: One of the primary objectives of Reconstruction was to abolish slavery and grant freedom to millions of enslaved African Americans. This marked a significant step towards equality and human rights in the United States.

2. Amendments and Civil Rights: The Reconstruction era led to the ratification of the 13th, 14th, and 15th Amendments to the U.S. Constitution. These amendments abolished slavery, granted equal protection under the law, and ensured voting rights for African American men, respectively. These changes laid the foundation for civil rights and legal equality for marginalized groups.

3. Public Education: Reconstruction aimed to provide education to the newly freed African Americans and improve overall access to education in the South. The establishment of public schools and educational reforms helped increase literacy rates and empowered individuals with knowledge and skills.

4. Infrastructure Development: Reconstruction initiatives included the construction of roads, bridges, railroads, and public buildings. These infrastructure projects created jobs, stimulated economic growth, and improved transportation and communication networks.

Challenges and Failures of Reconstruction:

1. Resistance and Violence: Reconstruction faced significant opposition from white supremacists and Southern states that sought to maintain racial hierarchy and limit the rights of African Americans. The rise of white supremacist groups like the Ku Klux Klan led to widespread violence, intimidation, and the suppression of African American political and civil rights.

2. Lack of Federal Support: Over time, the federal government's commitment to Reconstruction waned, and political will for implementing and enforcing the reforms diminished. This lack of sustained support hindered the progress of Reconstruction efforts.

3. Black Codes and Jim Crow Laws: Despite the constitutional amendments and federal legislation, Southern states implemented discriminatory laws known as Black Codes and later Jim Crow laws. These laws aimed to restrict the rights and freedoms of African Americans, reinforcing segregation and institutional racism.

4. Economic Challenges: The Southern economy faced significant challenges during Reconstruction. The abolition of slavery disrupted the agrarian labor system, and the region struggled with economic recovery and land redistribution. Sharecropping and tenant farming emerged as exploitative systems that trapped many African Americans in cycles of poverty and debt.

5. Compromises and Reconciliation: In the spirit of reconciliation and political compromise, certain concessions were made, such as the end of federal military occupation in the South and the withdrawal of federal support for civil rights enforcement. These compromises allowed Southern states to reestablish white control and perpetuate racial discrimination.

Conclusion:

Reconstruction brought significant benefits to the United States, including the emancipation of slaves, the passage of civil rights amendments, advancements in education, and infrastructure development. However, it also faced challenges and failures, including resistance, violence, the emergence of discriminatory laws, economic struggles, and compromises that hindered the full realization of equality and justice for African Americans. The legacy of Reconstruction continues to shape discussions on race, civil rights, and the unfinished work of achieving true equality in the United States.

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When making pricing decisions managers should include fixed cost per unit in the cost because. a) It requires the management accountant to perform a detailed analysis of cost-behavior patterns to separate product costs into variable and fixed components. b) In the long run, the price of a product must exceed the full coat of the product. c) It allows managers to report positive contribution as long as prices are above variable costs. d) It leads to reporting higher operating income for the period

Answers

When making pricing decisions, managers should include the fixed cost per unit in the cost because, b) Ultimately, the price of a product should exceed the full layer of the product. This is because fixed costs, or "fixed cost," are expenses that do not change with the amount of production or sales. These costs must be factored into the pricing decision to ensure that the company can cover all of its expenses and make a profit.

It is important for managers to consider both variable and fixed costs when making pricing decisions. Variable costs, such as the cost of raw materials, change with the amount of production or sales. However, fixed costs, such as rent and wages, remain the same regardless of the amount of production or sales. Therefore, managers must include fixed costs in their pricing decisions to ensure that they can cover all their expenses and make a profit. In conclusion, managers should include fixed cost per unit in the cost because it ensures that the price of a product exceeds the total cost of the product in the long run. This is important for the financial stability and success of the company. By considering both variable and fixed costs in their pricing decisions, managers can make informed "pricing" decisions and ensure that the company can cover all of its expenses and make a profit. This is important for the financial stability and success of the company.

By considering both variable and fixed costs in their pricing decisions, managers can make informed "pricing" decisions and ensure that the company can cover all of its expenses and make a profit. This is important for the financial stability and success of the company. By considering both variable and fixed costs in their pricing decisions, managers can make informed "pricing" decisions and ensure that the company can cover all its expenses and make a profit.

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between 1929 and 2008 in the united states, the lorenz curve became: a. less bowed outward. b. more bowed outward. c. a straight line. d. a downward-sloping curve

Answers

Between 1929 and 2008, the Lorenz curve in the United States became more bowed outward. The correct option is b.

The Lorenz curve is a graphical representation of income inequality, where the horizontal axis shows the percentage of households, ranked by income from lowest to highest, and the vertical axis shows the percentage of total income earned by those households.

A perfectly equal distribution of income would result in a straight line, while a completely unequal distribution would result in a curve that touches the horizontal and vertical axes.

In the United States, the Lorenz curve became increasingly bowed outward during the period between 1929 and 2008, indicating a growing income inequality. This trend was particularly pronounced during the latter half of the period, from the 1970s to the early 2000s.

According to data from the U.S. Census Bureau, the Gini coefficient, which is a measure of income inequality, increased from 0.397 in 1967 to 0.469 in 2010.

This increase in income inequality has been attributed to a variety of factors, including changes in tax policy, globalization, technological advancements, and declining unionization rates.

The effects of this trend have been far-reaching, with implications for economic growth, social mobility, and political stability. Efforts to address income inequality continue to be a prominent topic of debate and policy-making in the United States. Therefore, the correct option is b.

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Businesses are important to a free enterprise system because they?

Answers

Answer:

A.provide consumers with goods and services

Multiple choices

A.provide consumers with goods and services

B. make legal decisions related to property rights.

C. prevent entrepreneurs from taking to many risks.

D. enforce economic regulations to protect citizens. ​

Explanation:

Production of goods and services is done by the private sector in a free enterprise system. A majority of the factors of production belong to the private sector. The government does not actively participate in economic activities.

In the free enterprise system, the private sector produces and distributes goods and services in the economy. In other words, all the goods and services consumed in a free enterprise system are produced by the private sector.

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