The income statement for the month of June, 2018 of Sarasota Enterprises contains the following information:
Revenues $6740
Expenses:
Salaries and Wages Expense $2900
Rent Expense 1530
Advertising Expense 740
Supplies Expense 270
Insurance Expense 110
Total expenses 5550
Net income $1190
The entry to close the expense accounts includes a:_______
a) debit to Salaries and Wages Expense for $2900.
b) credit to Rent Expense for $1530
c) debit to Income Summary for $1190.
d) credit to Income Summary for $5550.

The inductive outline is commonly used in business communications such as reports, proposals, and presentations. It is particularly useful when presenting a complex idea or argument and when you want to persuade your audience to take a specific action or make a decision.

Introduction: This is where you introduce the main topic or idea. In this step, you should grab the reader's attention and set the stage for what's to come.

Background: This step provides the necessary context for the main idea. It is where you explain the history, background, and context of the topic you are discussing.

Evidence: This step is where you present evidence to support your main idea. You should provide facts, statistics, anecdotes, and other evidence that support your argument.

Analysis: In this step, you analyze the evidence you presented in the previous step. You should explain how the evidence supports your main idea and address any counterarguments.

Conclusion: The final step is the conclusion, where you summarize your main points and reinforce your argument. You should leave the reader with a clear understanding of your argument and why it is important.

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Information about a firm that has not been made public but that may have an impact on the share price is referred to as material nonpublic information.

The required details for material nonpublic information in given paragraph

Holders of material information that is not generally known are not permitted to use the knowledge for stock trading purposes. Sharing this information with anyone who utilize it to gain an advantage in the marketplace is likewise prohibited. It doesn't matter how or by whom the crucial private information was obtained, or even if the source was a worker for the firm. Assume, for instance, that someone tells a buddy about nonpublic material information that they learned from a family member.

All three parties involved may face charges if the buddy takes advantage of this insider knowledge to make money on the stock market.

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Answer:

Explanation:

a. Using the formula for the probability mass function of a binomial distribution:

P(x=2) = (4 choose 2) * (0.27)^2 * (0.73)^2 = 0.3185

b. Using the cumulative distribution function:

P(x ≤ 2) = P(x=0) + P(x=1) + P(x=2) = (4 choose 0) * (0.27)^0 * (0.73)^4 + (4 choose 1) * (0.27)^1 * (0.73)^3 + (4 choose 2) * (0.27)^2 * (0.73)^2 ≈ 0.7575

c. Using the complementary probability:

P(x ≥ 3) = 1 - P(x ≤ 2) = 1 - [(4 choose 0) * (0.27)^0 * (0.73)^4 + (4 choose 1) * (0.27)^1 * (0.73)^3 + (4 choose 2) * (0.27)^2 * (0.73)^2] ≈ 0.2425

Answer:

Explanation:

Each of these components has helped the U.S. raise its labor productivity by 299% from 1950 to 2018. But despite the increased efficiencies of workers, the adjusted median household income only went up 152% in that 68-year period—contributing to a stark wealth divide between the rich and poor.

Answer:

The accounts receivable amount expected to be collected after the write-off entry is $378,500

Explanation:

Allowance for bad debt = $34,500

Bad debt written off = $31,400

Credit balance in allowance for bad debts = Allowance for bad debt - Bad debt written off

= $34,500 - $31,400

= $3,100

The balance in receivables account = ($413,000 - $31,400) - ($34,500 - $31,400)

= $381,600 - $3,100

= $378,500

Firm's total revenues will change to $600 if you increase the price of good X by 2 percent

Price elasticity of demand = percentage change in quantity demanded / percentage change in price −2 = percentage change in quantity demanded / 2% percentage change in quantity demanded = --2 x 2% = -4% The quantity demanded of good X would fall by 4% Revenue would change by -0.04 x  $60,000= -$2400 Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X. 1.5 = percentage change in quantity demanded of good Y / 2% percentage change in quantity demanded of good Y = 1.5 x 2% = 3.0% The quantity demanded of good Y would increase by 3.0% Revenue would change by 0.030 x $100,000= $3000 Total change = -$2400+ $3000=$600

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All of these products should use a rebranding extension strategy.
Once a product reaches maturity and the market is saturated, it gradually starts to decline.

Because of this, one approach to lengthen the life of a product strategy is to always seek out ways to make it better, different, and even stand out from similar products that have already hit the market.

Rebranding, offering discounts, and looking for new markets are all examples of extension strategy methods. Rebranding is the process of giving an existing product a fresh look and feel in order to set it apart from the competition. For instance, a cosmetics company might provide additional brushes, blenders, or sponges.

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$220,000

Explanation:

Calculation for the company's break-even point in dollar sales

Using this formula

Break-Even point in dollars sales= Fixed Costs ÷ Contribution Margin

Let plug in the formula

Break-Even point in dollars sales=$96,800/44%

Break-Even point in dollars sales=$220,000

Therefore the company's break-even point in dollar sales will be $220,000.

When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

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D. Twiter- is said to as a major source of newsjacking ideas and a potent way to communicate with the media in real time in the new rules.

Hence, option D. is the right choice.

Through the use of "newsjacking," you may present your company and your spokesperson (or spokespersons) as an authority on a certain subject. Since it generates instant coverage, this is crucial for a brand in the near term.

Only if you adhere to these three key rules can newsjacking be considered ethical. For your client's target audience and them, the newsjacked tale makes sense. For your media contact, your proposition offers real value.

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The complete question is-

In The New Rules, which social media channel is described as "a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?"

A. Facebk

B. Instagrm

C. Snpchat

D. Twittr

Answer:

1. True

2. False

3. False

4. True

5. True

Explanation:

Answer:

1.True

2.True

3.True

4.True

5.True

Explanation:

Answer:

Cost Benefit Analysis

Way of thinking that compares the cost of an action to its benefits.

Explanation:

I hope it helps.

The demand elasticity is recognise the value which measures the change in the quantity requested whenever the income changes inside a given percentage. Its formula is em = change in percent in M by Q/percent, and the further calculation can be defined as follows:

\(\to em (flops) = \frac{+12\% }{+16\%} = +0.75\) Because em is +, flops are a regular good.

\(\to em (clubs) = \frac{-14\%}{+16\%} = -0.875\ \ or \ -0.88\) Because em is -, clubs are good less.

\(\to em (aces) = \frac{+28\%}{+16\%} = +1.75\) Aces are a normal good since em is +.

The elasticity of luxury goods exceeds that and that's why ACES are luxury goods.

Therefore, the final answer is "Hence".

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The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.

A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.

This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.

This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.

Therefore, the correct answer is option-b.

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No Entry is required for the Supplies, Unearned Service Revenue, and Prepaid Rent accounts since their balances have been adjusted through the adjusting entries above.

To record the required adjusting entries related to the events mentioned, we need to consider the changes in the account balances and adjust them accordingly. Here are the adjusting entries for Sheridan Exposure Inc.:

Supplies:

Debit: Supplies Expense ($4,300 - $960) = $3,340

Credit: Supplies ($4,300 - $960) = $3,340

Explanation: The supplies on hand decreased by $960, indicating that $960 worth of supplies were used during the period. Therefore, we need to recognize the expense by debiting Supplies Expense and reduce the Supplies account balance with a credit.

Unearned Service Revenue:

Debit: Unearned Service Revenue ($9,250 - $4,100) = $5,150

Credit: Service Revenue ($9,250 - $4,100) = $5,150

Explanation: Services worth $4,100 were performed, reducing the unearned service revenue. We need to recognize the revenue by debiting the Unearned Service Revenue account and crediting the Service Revenue account.

Prepaid Rent:

Debit: Rent Expense ($40)

Credit: Prepaid Rent ($40)

Explanation: One month's worth of rent, amounting to $40, has been consumed. We need to recognize the expense by debiting Rent Expense and reduce the Prepaid Rent account balance with a credit.

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use this link

https://brainly.com/question/18427994

Answer:

Competitive advantage is about the strengths and capabilities, unique characteristics of any product or service, an individual, or a firm. It is hard to gain a competitive advantage because becoming different and achieving what others or other products do not possess is not at all easy. It requires a lot of time, planning, dedication and determination to grow above all and gain competitive advantage over them.

Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.

Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.

In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.

By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.

From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.

It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.

However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.

It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.

In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.

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Answer:

McDonald Clown

Explanation:

B.

=MCDONALD

Explanation:

An intrinsic reward is an intangible award of recognition, a sense of achievement, or a conscious satisfaction. For example, it is the knowledge that you did something right, or you helped someone and made their day better.

Bikes from initial inventory are included March 5 sale, a March 17 outsourcers bikes from March 9 sale, or Mar 27 sale includes four bikes from the initial balance & eight bikes from March 22 purchase. 1/2 is need.

All the products, materials, and things that a company keeps on hand in anticipation of selling them to customers for a profit are referred to as inventory. Example: If a newspaper seller utilizes a vehicle to distribute newspapers to clients, just the newspapers will be deemed inventory.

Raw materials/components, WIP, final products, and MRO are the four main categories of inventory.

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Here is the amount for line 16 on 2021 tax form 1040 for Beth R. Jordan: $1,292.50

To calculate your overall earnings, you can subtract the state income tax withheld and add the state income tax refund and net self-employment income, while also taking into account any self-employment expenses.

These figures can be found on lines 2 and 17 of your W-2 form, and lines 3 and 27 of your Schedule C, respectively.

The precise figures of these items are given below:

Federal income tax withheld: $9,500

State income tax withheld: $1,954

State income tax refund: $1,100

Net self-employment income: $3,800

Net expenses from self-employment: $600

Plugging these values into the calculation above, we get:

$9,500 - $1,954 + $1,100 + $3,800 - $600 = $1,292.50

Therefore, the amount for line 16 on 2021 tax form 1040 for Beth R. Jordan is $1,292.50.

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Answer:

d consequences and tradeoffs.

Explanation:

just took the test its d figured ill answer your question since you haven't been answered yet. good luck on your tests

Answer:

Explanation:D

Answer:

C

Explanation:

Demand rises when consumers expect a product's price to rise in the future.

This is so because of the fright of inflation of prices. When consumers are able to predict, or see through an impending inflation in prices of goods, then the consumers rush to buy as much of the said goods as possible, which directly leads to an increase in the demand for the said goods.

And thus, we can see that the expectations of consumers has a direct influence on the demand for goods and services.

Answer:

C. Demand rises when consumers expect a product's price to rise in

the future.

Explanation:

Answer: 165,000

Explanation:

To compute the company’s residual income for the year, we can use the formula:

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Given: Net Operating Income = $420,000 sales = $1,500,000

Average Operating Assets = $1,700,000

Minimum Required Rate of Return = 15% = 0.15

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Residual Income = $420,000 – (0.15 x $1,700,000)

Residual Income = $420,000 – $255,000

Residual Income = $165,000

Therefore, the company’s residual income for the year was $165,000.

Answer:

d

Explanation:

got it right on edmentum

If Nadine works for a tech startup that does not have established rules and policies on ethics. This structure can lead to : opportunity for misconduct.

Established rules policies on ethics can be defined as a set of rules and regulation or polices that help to state how a company should be govern.

Business ethics is essential in a company based on the fact that it enables employee to know the right things to do and the wrong things to avoid.

Therefore we can conclude that this  structure can lead to : opportunity for misconduct.

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Answer:

I am pretty sure the answer is A) direct materials

Explanation:

Conversion cost equals direct labour plus manufacturing overhead