The Standard & Poor's 500 Index includes 500 firms that are the largest in their respective economic sectors. So the right option is (C).
The statement is True. The S&P 500 is a stock market index that measures the performance of the top 500 companies in the United States. It includes companies from multiple sectors such as Information Technology, Healthcare, Consumer Discretionary, and Energy, among others.
The Standard & Poor's 500 Index is a market-capitalization-weighted index of the 500 largest publicly traded companies in the US. The index is commonly used as a benchmark for the overall performance of the US stock market. It provides investors with a comprehensive picture of the US stock market and is considered to be one of the most accurate indicators of the US economy.
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whitch statements about deposit are true check all that apply
A deposit is an act of putting money into an account, usually a bank account. Deposits can be made into various types of accounts, including savings accounts, checking accounts, money market accounts, and certificates of deposit (CDs). Deposits increase the balance in an account, but not all deposits are the same. The correct statement are A and C.
A. Deposits increase the checking account balance: When a person puts money into their bank account, the amount of money in their account increases. When a deposit is made, it is added to the account's balance, whether it is a checking account, savings account, or any other account.C. Deposited money can be transferred electronically from one bank to another: Electronic funds transfers (EFTs) are used to transfer funds from one account to another electronically. This is a quicker and more convenient method of transferring funds from one account to another than mailing a check or depositing it in person. Deposited money can be transferred from one bank to another electronically using EFTs.Therefore, in response to the question which statement about deposits are true, the answer is that A and C are true statements.B, D, and E are incorrect.B. A deposit is money that is subtracted from a bank account: This statement is untrue. A deposit is money that is added to a bank account, not subtracted from it.D. You cannot make a deposit at an ATM: This statement is untrue. Deposits can be made at many ATMs, but not all of them. If an ATM has a deposit function, the user can deposit cash or checks into their account.E. You can deposit a greater amount than the balance in the account: This statement is untrue. You cannot deposit more money into an account than the account's balance.For more questions on Deposits
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Can someone write a song for me please I want to make the name called by my side please write something
Answer:
I don't know much abt songs. but I hope u get it.
Why is it important to know how money and emotions affect each
other?
In the Blank Question To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other Confidence Level Rate your confidence to submit your answer. High Medium Low Concept Resources Read 2020 Mc Education All Reserved Privacy | Terms of Use Type here to search
Starting with net sales, you will deduct the cost of products sold and other costs to arrive at net income for a merchandiser.
What are expenses?An expense requires the transfer of money or wealth in general from one person or organization to another in order to pay for a good, service, or another kind of cost.
Rent is a cost to a tenant.
Tuition is a cost shared by parents and students.
Rent, utilities, salaries, wages, maintenance, depreciation, insurance, and the cost of provided goods are a few examples of expenses.
A payment paid to another person or business to cover the cost of a good or service is referred to as an expense.
It is free to produce attractive invoices with SumUp Invoices.
An expense is a sum of money that a business pays to suppliers or uses to buy goods or services.
Therefore, starting with net sales, you will deduct the cost of products sold and other costs to arrive at net income for a merchandiser.
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Complete question:
To compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other _____.
what is the similarity and differences between Canada and Australia in the population of international human resources management
The similarity between Canada and Australia in the population of international human resources management is that both countries attract a significant number of skilled workers from around the world. They have diverse workforces with employees from different cultural backgrounds.
Making it crucial for organizations to implement effective strategies for managing international human resources.
However, there are also differences between Canada and Australia in this area. Firstly, Canada has a more established immigration system, with various pathways for skilled workers to immigrate to the country, such as the Express Entry system. Australia, on the other hand, has a points-based immigration system called the SkillSelect program.
Secondly, Canada has a higher number of international students who stay in the country after completing their studies, contributing to the pool of skilled workers. Australia also attracts international students, but the number is relatively lower compared to Canada.In terms of diversity, Canada has a larger immigrant population, resulting in a more multicultural workforce. Australia, while still diverse, has a higher proportion of citizens born in the country.
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Business Proposal/Proposed Contract This is simply the deal that you are offering the prospect to purchase your product/service. You will have to have your product/service priced at a certain based priced, (i.e., $3/unit, $250/mo., $65/case). The product should be priced realistically based on factual information. MAKE THIS EASY, do the math for your client, make it easy to see the breakout so it’s easy to assess what it will cost their business. You should have at least two buying options. The objective for the business proposal is to show the prospect the added value of your product/service in real number ($) terms. Make this easy to understand – break out the numbers, price, what they get for the $$$! Make it clear and concise so the buyer easily understands what is involved in the cost and what they receive in return. Note that for any product/service, you may not compete solely on the basis of price!! Low-price gambits are rarely sustainable.
The product is : The DERMABOND® Skin Adhesives
Our business proposal for the DERMABOND® Skin Adhesives includes two buying options: Option 1 - $3 per unit with a minimum order of 100 units, and Option 2 - $250 per month with unlimited units.
In our business proposal for the DERMABOND® Skin Adhesives, we have carefully priced our product based on factual information and the value it brings to our customers. Option 1 offers a unit price of $3 with a minimum order quantity of 100 units. This option is ideal for customers who have specific requirements and prefer a one-time purchase. On the other hand, Option 2 provides a monthly subscription of $250, granting customers unlimited access to our skin adhesives. This option is suitable for businesses with ongoing needs and allows for cost predictability and flexibility.
We have made it easy for our clients to assess the cost and value of our product by providing a clear and concise breakdown of the pricing structure. The pricing includes not only the product itself but also the added benefits and support they receive. With the DERMABOND® Skin Adhesives, customers can expect high-quality, reliable adhesives that enhance wound closure and promote faster healing. Our pricing reflects the value and benefits our product brings to their business, ensuring they understand the investment they are making.
It's important to note that while price is a factor in the buying decision, our proposal emphasizes the added value and benefits of the DERMABOND® Skin Adhesives. By highlighting the quality, reliability, and effectiveness of our product, we position ourselves as a provider of superior value rather than solely competing on price, as we understand that low-price strategies are rarely sustainable in the long run.
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You have decided to form a study group for your Study Skills class. How should you decide who will be in the group?
Answer:
figure out who has the skilles needed to join
Explanation:
when you are in a study group you have to have a set of skilles that benefit others and some other ways, the way to do this is print out aplications and have them fill out what they can contribute and when they get turned in read them.
Answer:
when you are in a study group you have to have a set of skilles that benefit others and some other ways, the way to do this is print out aplications and have them fill out what they can contribute and when they get turned in read them.
A student invests $1,000 today in a savings account that pays 2.4% APR with monthly compounding. The student will leave the money in the account for exactly 10 years. What will be the balance at the end of the 10th year? (round to the nearest dollar) a $1,349 b $1,268 c $1,271 d $1,344 e $1,298
The balance at the end of the 10th year is approximately $1,268. Therefore, the correct answer is option b: $1,268.
To calculate the balance at the end of the 10th year, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the ending balance
P = the principal amount (initial investment)
r = the annual interest rate (as a decimal)
n = the number of times interest is compounded per year
t = the number of years
In this case, the principal amount (P) is $1,000, the annual interest rate (r) is 2.4% or 0.024, the compounding is done monthly (n = 12), and the investment period (t) is 10 years.
Using the formula:
A = 1000(1 + 0.024/12)^(12*10)
A = 1000(1 + 0.002)^120
A = 1000(1.002)^120
A ≈ $1,268.24
Rounding to the nearest dollar, the balance at the end of the 10th year is approximately $1,268. Therefore, the correct answer is option b: $1,268.
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Which descriptions offer examples of Health, Safety, and Environmental Assurance workers? Check all that apply.
Gonzalo purchases materials for a manufacturing plant to use in building airplanes.
Rachel fixes broken machinery in a factory.
Trey creates procedures to help employees stay injury-free while working in a factory.
Patrice creates schedules to make sure employees in a factory complete their work on time.
Carl uses equipment to reduce environmental damage from a manufacturing plant.
Athena examines health and safety hazards for employees working in a manufacturing plant.
Answer:
The other person is correct
Explanation:
An examples of Health, Safety, and Environmental Assurance workers are Trey creates procedures to help employees stay injury-free while working in a factory. Thus, the correct option is (C, E, F).
What do you mean by an Environmental Assurance workers?Environmental assurance is a way for a horticulture company to show that it is using management techniques that meet the standards for environmental protection set by its clients, the local community, and other interested parties.
Environmental, Health, and Safety (EHS) specialists are in charge of developing, implementing, and upholding an organization's EHS policies and practices.
Their main goal is to establish an environment at work that is both safe and healthy for everyone involved.
Therefore, an examples of Health, Safety, and Environmental Assurance workers are:
Trey creates procedures to help employees stay injury-free while working in a factory.Carl uses equipment to reduce environmental damage from a manufacturing plant.Athena examines health and safety hazards for employees working in a manufacturing plant.To know more about the Environmental Assurance workers, visit:
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The practice of dividing the money a person invests between several different types of investments in order to lower risk is called
Answer: The practice of dividing the money a person invests between several different types of investment in the order of lower risk is called Diversification.
Diversification is based on the principle that Risk and return are directly proportional to each other.
Hence say Stock A gives a Greater return then it will also have a greater risk.
Therefore to Hedge the Businessmen from constantly changing market conditions and to guarantee a nearly fixed return Diversification is used.
In diversification, investment is done in combination with high and low-risk stocks as per the risk-taking capabilities of the investor.
The investor who is a Risk Taker invests a High Amount in High-risk stocks and similarly the investor who is Risk Averse invest a high Amount in Low-Risk Stock.
Diversification helps the investor to maintain his return and risk
according to his plans.
Explanation: Diversification is based on the principle that Risk and return are directly proportional to each other.
Hence say Stock A gives a Greater return then it will also have a greater risk.
Therefore to Hedge the Businessmen from constantly changing market conditions and to guarantee a nearly fixed return Diversification is used.
In diversification, investment is done in combination with high and low-risk stocks as per the risk-taking capabilities of the investor.
The investor who is a Risk Taker invests a High Amount in High-risk stocks and similarly the investor who is Risk Averse invest a high Amount in Low-Risk Stock.
Diversification helps the investor to maintain his return and risk
according to his plans.
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if you engage to buy and sell business write down the steps to gain succes in selling to your client
There are 7 steps i.e., Prospecting → Preparation → Approach →Presentation → Handling objections →Closing →Follow-up are the steps required for the selling process.
What stage of the selling process is the most crucial?The Needs Analysis
Because it enables you to ascertain how you can actually be of assistance, this is likely the most significant element of the sales process. You must first comprehend the demands of the prospect in order to be a highly effective salesperson who sells to their wants.
What makes a selling business successful?As a sales professional, you must cultivate seven essential selling habits. Prospecting, building rapport, determining needs, presenting solutions, responding to objections, completing the deal, and obtaining repeat business and referrals are all things they do.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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1. What are the three basic categories of consumer goods? Briefly explain each and clearly
differentiate among them
There are three main types of consumer goods: durable goods, nondurable goods, and services.
Durable goods are consumer goods that have a long-life span (e.g. 3+ years) and are used over time. Examples include bicycles and refrigerators. Nondurable goods are consumed in less than three years and have short lifespans. Examples of nondurable goods include food and drinks. Services include auto repairs and haircuts.
Consumer goods are also called finals good, or end product, because they are the ultimate output of a productive process that occurs over time.
From your own understanding on the concept of "Game Theory",
what can you conclude about the relationship between rules of the
game and the outcome that results?
Game Theory is a mathematical framework used to study decision-making in strategic situations where multiple players are involved. In this context, the rules of the game are critical in determining the outcome that results. The rules of the game define the available choices and actions that players can take, the payoffs associated with each decision, and the order in which decisions are made.
The outcome that results from a game is a function of the actions taken by each player, given the rules of the game. Therefore, changing the rules of the game can significantly alter the outcome of a game. For example, if the rules of the game favor one player over the others, that player is more likely to win the game. Alternatively, if the rules of the game are too restrictive, the outcome may be suboptimal for all players. In conclusion, the rules of the game play a crucial role in determining the outcome of a game, and changing these rules can have a significant impact on the result.
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List three reasons that people should pay their taxes.
Improved Healthcare and Education
A significant chunk of the collected taxes is spent on improving healthcare in the country. There are government hospitals that offer medical services without any cost or at minimum cost. Over the years, the quality of service provided by government hospitals has improved by leaps and bounds, and it has only happened because of taxpayers paying tax.
Helps Build the Nation
The cost of running an entire country, especially one that is as large and populated as ours, is humongous. It is through the taxes we pay that the government can perform civil operations. In other words, without taxes, it would be impossible for the government to run the country.
Avoid Tax Back
When being confronted with back taxes we owe the government, we often think of ways to cut back on it. Well, most tax laws understand the hardships of every taxpayer. Though, tax services are available for those who are delinquent in paying their taxes, which is a helpful opportunity to people who don’t have available money or funds.
Answer:
3 reasons why ppl should pay their darn taxes is because:
Explanation:
Social Welfare Pack. Social welfare and social security are one of the greatest benefits the less privilege, homeless and those in need enjoy without having to pay back. ...
Sustain Government. A tax irrespective of its name is another life source of government sustenance. ...
Avoid Tax Back.
WILL MARK YOU BRAINLIEST!!! NEEEEEEED ASAPPPPPP!!!!!!!!!!
Which of the following is NOT a common grammar adjustment which is identified by grammar-check software?
Tense of verbs
Fragments
Hyphenation
Meaning
Explanation:
Meaning is the answer
In fiscal 2015, Macy's reported cost of goods sold (before shrinkage) of $16. 5 billion, ending inventory for 2015 of $5. 5 billion, and ending inventory for the previous year (2014) of $5. 4 billion. Required: If the cost of inventory purchases was $16. 9 billion, what was the cost of shrinkage during 2015?
In fiscal 2015, Macy's reported a cost of goods sold of $16.5 billion, ending inventory for 2015 of $5.5 billion, and ending inventory for the previous year of $5.4 billion. The cost of shrinkage during 2015 for Macy's was $16.4 billion.
Shrinkage refers to the loss of inventory due to theft, damage, or other factors. To calculate the cost of shrinkage during 2015, we need to determine the change in inventory value and subtract it from the cost of goods sold (COGS). The change in inventory value can be calculated by subtracting the ending inventory for the previous year from the ending inventory for the current year.
Change in inventory value = Ending inventory 2015 - Ending inventory 2014
= $5.5 billion - $5.4 billion
= $0.1 billion
The cost of shrinkage during 2015 is then calculated by subtracting the change in inventory value from the COGS.
Cost of shrinkage = COGS - Change in inventory value
= $16.5 billion - $0.1 billion
= $16.4 billion
Therefore, the cost of shrinkage during 2015 for Macy's was $16.4 billion.
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FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving again. According to the president, the problem is that markets are flawed and they do not protect consumers. Therefore, the government should study the problem, decide what must be produced, and pass laws that require individuals and businesses to follow the government’s informed advice.
Opponents of the president see a different world. They say central planners do not have enough information to organize an economic system. Markets may seem chaotic, but prices act as signals and respond quickly to fragmented information in a dynamic economy. These price signals provide consumers, businesses, and resource owners with the information they need to coordinate action. In addition, incentives matter. Government programs often create incentives that have unintended consequences. The economy will grow if we stay the course.
What would Adam Smith say? Why?
SECOND SCENARIO: The Save Our Jobs Coalition is working to pass a law that would penalize businesses that move jobs overseas. In addition, the law would require tariffs to be imposed on imported goods that are cheaper than similar goods made in the United States. Many corporations and small businesses are in favor of raising tariffs.
Opponents of the proposed law believe freer trade promotes economic progress because it makes more sense to buy goods from a country that makes them less expensively and use the country‟s resources to make other products. A tariff may save jobs in a particular industry, but other jobs will not be created. Furthermore, prohibiting American companies from having operations overseas means the companies will be reluctant to hire people domestically and will lay off highly paid workers in their quest to cut costs.
What would Adam Smith say? Why?
THIRD SCENARIO: Business lobbyists believe the current government is anti-business. They also think competition is making it difficult to make a profit. They believe it’s time for the government to help businesses through subsidies and incentives for consumers to buy their products. They also want the government to suspend antitrust laws and make new rules and regulations that would make it more difficult for small businesses to compete unfairly with large, well-established corporations. According to the lobbyists, helping business will improve everyone’s lives.
What would Adam Smith say? Why?
FOURTH SCENARIO: “Stop Government Now” is a group that believes there is no legitimate role for government except providing for police and fire protection. Members believe almost all governmental functions should be privatized. Markets should not be regulated. Members say markets may be greedy, but free markets make us all more moral.
What would Adam Smith say? Why?
MUST WRITE A PARAGRAPH FOR EACH SCENARIO
The proposed response of Adam Smith based on each scenario is given below:
Scenario 1He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.
Scenario 2He would side with the free market system and be an opponent of the law that frowns on importation.
Scenario 3He would support the suspension of the antitrust laws.
Scenario 4He would believe that markets should not be regulated and the free market system should continue.
Who is Adam Smith?He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product
Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.
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owner, andy pforzheimer, talks to his staff about their technical skills. he likely expects the executive chef, in particular, to excel at which technical skills? (select all that apply.)
Andy Pforzheimer likely expects the executive chef to excel at the technical skills related to food preparation, food production and costing, inventory control, menu design, and sanitation.
The executive chef should excel at various technical skills related to food preparation, such as knife skills, temperature control, seasoning, presentation, and food safety. Additionally, the executive chef should possess knowledge of food production and costing, inventory control, menu design, and sanitation.
Knife skills involve the ability to properly and safely use knives for various tasks such as chopping, dicing, mincing, slicing, and julienning. Temperature control is the ability to consistently produce dishes at the desired temperature. Seasoning is the ability to add the correct amount of seasonings and herbs to enhance the flavor of the dish. Presentation is the ability to arrange and present food in an attractive manner. Food safety is an understanding of proper food handling techniques to reduce the risk of food-borne illness.
Food production and costing involves an understanding of the time and cost involved in food production, while inventory control is the ability to maintain accurate records of food inventory and use. Menu design involves creativity and understanding of customer preferences. Finally, sanitation is the practice of ensuring all kitchen surfaces, utensils, and equipment are kept clean.
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what are economic incentives?
Economic incentives influence people to take certain actions. A reward, payment, bonus, or salary may be used to persuade someone to carry out a certain conduct. Economic disincentives, which ban certain behavior, are the polar opposite of incentives.
What do incentives, both financial and moral, mean?First, moral persuasion, in which decision-makers attempt to alter people's innate desire to encourage pro-social behavior, is a form of therapy. Using the second tactic, a financial incentive, decision-makers seek to affect extrinsic motivation in line with traditional demand theory.
A motivator is something that motivates someone to do action, in the widest sense. When we talk about economics, the phrase takes on a bit more nuance: Economic incentives are cash bribes used to influence individuals to take certain actions.
A financial reward or form of encouragement is referred to as an economic incentive. It causes the parties to respond in the desired way by altering their natural behavior. Some examples of incentives include savings opportunities, tax credits, cash-back deals, and subsidies.
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Which component of a balance sheet includes a business’s debts, or the money that it owes to creditors for past transactions?
Answer:
liabilities.
Explanation:
A balance sheet is prepared based on the accounting equation of assets = capital + liabilities.
The liability section is where the debts of the business are recorded. Liabilities represent what the business owes to suppliers and other third parties. They are expressed in monetary value. Liabilities are further subdivided into current and long term liabilities.
Complete a departmental expense allocation spreadsheet for Marathon Running Shop. The spreadsheet should assign (1) direct expenses to each of the four departments, (2) the $64,000 of utilities expense to the four departments on the basis of floor space occupied, (3) the advertising department’s expenses to the two operating departments on the basis of the number of ads placed that promoted a department’s products, and (4) the administrative department’s expenses to the two operating departments based on the amount of sales.
Question Completion:
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. Utilities expense of $64,000 is an indirect expense to all departments.
Answer:
Marathon Running Shop
Allocation of service departments' costs to the operating departments:
Service Departments Operating Departments Total
Advertising Administrative Shoes Clothing
Departmental $18,000 $25,000 $103,000 $15,000 $161,000
Utilities 5,120 6,400 32,640 19,840 64,000
After Utilities 23,120 31,400 135,640 34,840 $225,000
Advertising -23,120 17,340 5,780 0
Administrative -31,400 24,492 6,908 0
Total allocated costs $177,472 $47,528 $225,000
Explanation:
a) Data and Calculations:
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
Total $161,000 14,000 $350,000
Allocation of Utilities Expense of $64,000
Rate
Advertising (1,120/14,000 * $64,000) = $5,120
Administrative (1,400/14,000 * $64,000) = $6,400
Shoes (7,140/14,000 * $64,000) = $32,640
Clothing (4,340/14,000 * $64,000) = $19,840
Advertising $ 18,000 + $5,120 = $23,120
Administrative 25,000 + $6,400 = $31,400
Shoes 103,000 + $32,640 = $135,640
Clothing 15,000 + $19,840 = $34,840
Advertising expenses consumed by:
Shoes 90/120 * $23,120 = $17,340
Clothing 30/120 * $23,120 = $5,780
Administrative expenses consumed by:
Shoes $273,000/$350,000 * $31,400 = $24,492
Clothing $77,000/$350,000 * $31,400 = $6,908
The materials price variance is generally calculated at the time materials are purchased because ______. Multiple select question. management can generate more timely variance reports GAAP requires variances to be recognized when they are incurred it allows materials to be carried in the inventory accounts at standard cost it simplifies bookkeeping
The calculation on materials price variance is been done at time that a purchase is made so that;
it simplifies bookkeeping.
it allows materials to be carried in the inventory accounts at standard cost.
management can generate more timely variance reports.
Materials price variance can be regarded as difference that exit between the actual as well as budgeted cost that is needed to acquire materials.This is then multiplied by the total number of units that is been purchased.Therefore, materials price variance helps in simplification of bookkeeping.
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Employer-provided health insurance benefits arose in the mid-20th century as a result of?
A Supreme Court ruling is a result of employer-provided health insurance benefits arose in the mid-20th century. In the other side, health insurance could be included in the collective bargaining process.
The (SCOTUS) or also known as Supreme Court of the United States can be defined as the highest court in the federal judiciary of the United States.
The (SCOTUS) or also known as Supreme Court of the United States has over state court cases that involve a point of federal law and ultimate appellate jurisdiction over all U.S. federal court cases. The Supreme Court of the United States also has original jurisdiction over a narrow range of cases.
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Internal Stakeholders → Exhibition that is open to the public, usually requiring an entrance fee.
True
False
Answer:
Explanation:
t
What is the variable cost of a business if its fixed cost is $8900 and its total costs are $14,000?
The variable cost of the business is $5,100.
How to determine the variable costTo determine the variable cost of a business, we need to use the formula:
Total cost = Fixed cost + Variable cost
We can rearrange this formula to solve for the variable cost:
Variable cost = Total cost - Fixed cost
Substituting the given values, we get:
Variable cost = $14,000 - $8,900
Variable cost = $5,100
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Answer:
The company's variable cost is $5,100.
Explanation:
the formula that calculates the gross profit or loss for a month uses ________.
The formula that calculates the gross profit or loss for a month uses Net Sales minus Cost of Goods Sold (COGS).
The gross profit represents the amount of money left after subtracting the direct costs associated with producing or acquiring the goods sold from the revenue generated by selling those goods. It provides a measure of the profitability of a company's core operations before considering other expenses.
To calculate the gross profit, you start with the Net Sales, which refers to the total revenue generated from the sales of goods or services. From the Net Sales, you subtract the Cost of Goods Sold (COGS), which includes the direct costs directly attributable to producing or acquiring the goods being sold. These costs typically include the cost of materials, direct labor, and direct overhead.
By subtracting the COGS from the Net Sales, the formula yields the gross profit or loss for the month. If the result is a positive value, it represents a gross profit, indicating that the revenue generated exceeded the direct costs. Conversely, if the result is a negative value, it represents a gross loss, indicating that the direct costs exceeded the revenue generated.
The formula for calculating the gross profit or loss can be summarized as follows:
Gross Profit/Loss = Net Sales - Cost of Goods Sold (COGS)
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How does an improvement in productivity affect a business's profit margin?
A. It increases the profit margin by lowering costs.
B. It decreases the profit margin by lowering costs.
C. It decreases the profit margin by raising costs.
D. It increases the profit margin by raising costs.
Answer:
it increases the profit margin by lowering costs
Explanation:
An improvement in productivity affects a business's profit margin as it increases the profit margin by lowering costs. Thus, option A is correct.
What is the profit margin?Profitability is gauged by profit margin. Estimating the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine the gross profit margin.
A company may produce more goods without increasing expenses by boosting productivity. Producing more opens up the possibility of increasing sales, which in turn might boost earnings. In addition to improving overall earnings, higher productivity can raise a company's profit margin.
The profit margin of a company is impacted by an increase in productivity since it lowers expenses and raises the profit margin. Therefore, choice A is correct.
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What advertising idea would be the best to help the Early Riser Bread Company gain more sales?Select an option from the choices below and click Submit.Aim the advertisement towards kids with a focus on the different types of bread the company has to offer.Aim the advertisement towards parents with a focus on increasing brand awareness and preference.Aim the advertisement towards kids with a focus on increasing brand awareness and preference.
Based on the given options, the best advertising idea to help the Early Riser Bread Company gain more sales would be to aim the advertisement towards parents with a focus on increasing brand awareness and preference.
While targeting kids with a focus on the different types of bread may be appealing, parents are typically the decision-makers when it comes to grocery purchases, including bread. By directing the advertisement towards parents, the company can increase brand awareness and preference among the individuals who are most likely to make the purchasing decisions for their families.
By highlighting the benefits and qualities of Early Riser Bread in the advertisement, such as its taste, quality, nutritional value, or any unique selling points, the company can attract the attention and interest of parents who are looking for healthy and delicious bread options for their households. This approach recognizes the influence parents have over purchasing decisions and increases the likelihood of generating more sales for the Early Riser Bread Company.
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Time Warner Inc. is a leading media and entertainment company with businesses in television networks, filmed entertainment, and publishing. The company's recent annual report contained the following information (dollars in millions):
Net loss & 13 402 Depreciation, amortization, and impairments & 34,790 Decrease in receivables & 1,245 Increase in inventories & 5,766 Decrease in accounts payable & 445 Additions to equipment & 4,377
Required:
(a) Based on this information, compute cash flow from operating activities using the indirect method.
Cash flow from operating activities using the indirect method can be computed by adjusting the net loss for non-cash expenses and changes in working capital.
1. Start with the net loss, which is given as $13,402 million.
2. Add back depreciation, amortization, and impairments, which is given as $34,790 million.
3. Adjust for the decrease in receivables, which is given as $1,245 million. Since receivables decreased, this means cash was collected, so we subtract this amount.
4. Adjust for the increase in inventories, which is given as $5,766 million. An increase in inventories means cash was used to purchase inventory, so we subtract this amount.
5. Adjust for the decrease in accounts payable, which is given as $445 million. A decrease in accounts payable means cash was used to pay off obligations, so we subtract this amount.
6. Finally, add back additions to equipment, which is given as $4,377 million. Since this is a non-cash expense, we add it back to the net loss.
The net loss is adjusted for non-cash expenses, such as depreciation, amortization, and impairments. Additionally, changes in working capital, such as changes in receivables, inventories, and accounts payable, are also taken into account. The indirect method focuses on adjusting the net income to arrive at the cash flow from operating activities.
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