TRUE OR FALSE an inventory turnover of 3.65 means that, on average, items of inventory sat on a retailer's shelves for 100 days before being sold.

Answers

Answer 1

True. An inventory turnover of 3.65 means that, on average, items of inventory sat on a retailer's shelves for 100 days before being sold is true.

The frequency of inventory over time. Annual sales or use is called accounting inventory turnover. Calculated to determine if a business has excess inventory relative to sales. The formula for calculating inventory turnover is cost of goods sold divided by average inventory. Inventory turnover is often referred to as inventory turnover, inventory turnover, merchandise turnover, or inventory turnover.

A low turnover rate can indicate excess inventory, obsolescence, lack of product lines, or ineffective marketing. However, a lower rate may be desirable, such as when inventory is increasing in anticipation of a sharp price increase or expected shortage in the market.

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Answer 2

TRUE. An inventory turnover of 3.65 means that, on average, the items of inventory are sold and replaced 3.65 times in a year. To calculate the number of days an item sat on the retailer's shelves before being sold, you can divide 365 days in a year by the inventory turnover rate of 3.65, which gives you an average of 100 days.


True. An inventory turnover of 3.65 means that, on average, the entire inventory is sold and replaced 3.65 times in a year. To find the average number of days an item sits on the retailer's shelves before being sold, you can use the following formula:Days in a year / Inventory Turnover = Average Days on Shelf :365 days / 3.65 = 100 days
So, on average, items of inventory sit on the retailer's shelves for 100 days before being sold.

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Related Questions


How do cumulative density functions or curves help to overcome
the problem of selection of an appropriate poverty line? (Refer to
the issue of stochastic poverty dominance). (4 marks)

Answers

Cumulative density functions (CDFs) or curves can help overcome the problem of selecting an appropriate poverty line by addressing the issue of stochastic poverty dominance.

Stochastic Poverty Dominance: Stochastic poverty dominance refers to the situation where one distribution of income or consumption dominates another in terms of reducing poverty, but this dominance is not consistent across all possible poverty lines.

Poverty Line Selection: Selecting an appropriate poverty line is crucial for measuring and comparing poverty levels across different populations or time periods. However, choosing a specific poverty line is inherently subjective and can have a significant impact on the results and policy implications.

Cumulative Density Functions: Cumulative density functions provide a comprehensive view of the income or consumption distribution by showing the proportion of the population below various income or consumption levels. By plotting the CDFs for different populations or time periods, we can compare their distributions more effectively.

Overcoming Stochastic Poverty Dominance: CDFs enable a systematic approach to assessing stochastic poverty dominance. By analyzing the CDFs for different distributions and poverty lines, we can observe how they intersect and compare the proportion of the population below each poverty line.

By considering CDFs and examining the pattern of stochastic poverty dominance, policymakers and researchers can make more informed decisions regarding the selection of an appropriate poverty line.

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Bob has a collision deductible of $500. He has Bodily Injury Liability coverage limit of $25,000. He hits another driver and injures her severely. The case goes to trial and there is a verdict to compensate the injured person for $40,000
a. How much does Bob have to pay?
b. How much does his insurance pay?

Answers

Bob will have to pay $500 for his collision deductible and additional $15,000 for the portion of bodily injury liability that exceeds his coverage limit $15,000. Therefore, Bob will have to pay a total of $15,500.

What is liability?

Liability refers to the legal responsibility for one's actions or omissions that result in harm, damage, or loss to another party. In simple terms, liability means being accountable for something. Liability can arise from a wide range of circumstances, such as a car accident, a breach of contract, or a defective product. The party that is found to be liable is responsible for compensating the other party for any harm, damage, or loss they have suffered. Liability can be determined through various legal mechanisms, including contract law, tort law, and criminal law. In business, liability is an important concept to understand, as it can have significant financial and reputational consequences. Properly managing liability is essential for protecting oneself and one's business from potential legal claims.

Liability that exceeds= $40,000 - $25,000 = $15,000

Total= $500+ $15,000=$15,500

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which is greater: 1 hour or 60 minutes?

Answers

Answer:

they are equal

Explanation:

60 minutes is the same as an hour

How did the government attempt to manage the economy for three decades after World War II as a result of Keynes's influence?

Answers

Answer:

You have to understand that there were 2 perspectives of how to proceed after WWII, a meeting was planned which led to the Bretton Woods system

Explainanation:

Keynes- Plan (UK) vs. White-Plan (US $)

White: represented the new creditor of the world (US)

Eco. policy needs to target balance of payment, countries ensure balance of payment equilibrium. Employment comes second.

Adjustment mechanism: countries that have a current account surplus should not adjust. The debt countries should adjust, not the creditors (surplus countries). Exchange rate is not allowed to change. Restrictive social policy. → Burden in deficit countries

Keyne: “ represented the” old creditor of the world (UK) → both Surplus/Deficit countries must adjust so the burden should not fall on one country, to reduce balance of payment disequilibrium.  

(to reduce the disequilibria in the BoP both surplus countries and deficit countries need to adjust so the burden is split)  → 1.  Symmetric adjustment to reduce BoP disequilibrium

→ 2. There should be a scope for domestic policy in favor of employment programmes . Countries should be able to adjust their fiscal and monetary policies should be used to help employment after WWII. → Burden shared.

→ because WWII had happened in Europe, they needed reconstruction and as Keyne was british he wanted it too (symmetric adjustment).

White was American and as the WWII damage had not reached the US (creditor country), he did not see why the burden should be split, as it would be of disadvantage to the US because the creditor ones are highly competitive. (asymmetric adjustment).  He said that they have to target the BoP equilibrium as a mandate to prevent new economic catastrophes.

→ In conclusion White: burden shifts towards deficit countries and Keyne Burden shared between Surplus and Deficit countries.

--> Keynes wanted distribution How would they exactly move surpluses to countries with deficits? →  By taxing it away, what you need is an agreement, what is the mechanism.

5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta

Answers

Answer:

Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.

Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.

On his marvel company team, sam wilson is "the motivator. " he’s always encouraging his teammates to work harder and try to perform better. Which of belbin’s team roles is sam enacting?.

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Sam Wilson's Marvel Corporation team refers to him as "the motivator" since he consistently encourages his coworkers to put in more effort. Belbin team members play "shapers" duties. Sam is enacting.

What is Belbin's theory of team roles?The three action-oriented roles are shaper, implementer, and finisher; the three people-oriented roles are coordinator, teamworker, and resource investigator; and the three cerebral roles are plant, monitor, and evaluator. According to Belbin's theory, a team role is "a tendency to behave, contribute, and interrelate with others in a particular way."As our experience, functional position, and working environment evolve over time, so can our team roles.Although a total switch of duties is unusual, you can notice that team roles change your profile up or down.

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2023 leaf’s battery pack is located beneath the floor of the passenger compartment. What are the advantages of this platform?.

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If 2023 leaf’s battery pack is located beneath the floor of the passenger compartment. The advantages of this platform is: It help to effectively maximize passenger as well as cargo space.

2023 leaf’s battery pack

The advantages of this platform in a situation were 2023 leaf’s battery pack is found  beneath the floor of the passenger compartment includes the following:

It helps to effectively  maximize passenger and cargo spaceThe low center of gravity helps to effectively enhance handling.

Therefore The advantages of this platform is: It help to effectively maximize passenger as well as cargo space.

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There should be no minimum wage in America. Workers should negotiate their pay! Do you agree with this statement? Why or why not?

Answers

Answer:

Minimum wage is important because it dictates the lowest hourly wage that a worker much be given. If it was removed, corporations may be able to give workers lower than what minimum wage would have been. Corporations also may outright refuse to pay the workers what they want leaving them jobless.

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Which are affected by the factors of production? Check all that apply.

A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item

Answers

Answer:

A

C

D

Explanation:

without demand no reason to product it

The cost of a item also greatly affects it

and how well they can make it without being too expensive

for manufacturers, both purchase frequency and purchase quantity are likely to be high for _____.

Answers

Raw materials or components are used in the production process, as manufacturers require a steady and large supply to meet production demands.

For manufacturers, both purchase frequency and purchase quantity are likely to be high for raw materials. Raw materials are unprocessed materials that are extracted directly from the natural environment. They are then used in the production of other goods, such as cars, clothes, and processed foods. Raw materials are therefore essential to the manufacturing industry as they are used to make finished goods. Since manufacturers require a large number of raw materials for the production process, they are more likely to purchase them in large quantities and with high frequency. An example of raw material is iron ore, which is mined from the earth and then processed into steel for use in the production of cars, buildings, and other products. Another example is cotton, which is grown and harvested before it is spun into thread and woven into fabrics for use in clothing and other textiles.

In conclusion, manufacturers need to purchase raw materials in high quantities and with high frequency to ensure that they can continue their production processes.

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a business might want to increase its sales by cutting down its prices so that there is additional business coming in to make up for the in its plants

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A business might want to increase its sales by cutting down its prices so that there is additional business coming in to make up for the reduced revenue in its plants.

Sales revenue is the number of products a company sells multiplied by the price at which they sell them. Sales revenue is calculated by multiplying the price per unit by the number of units sold.

The  strategy of cutting down prices to increase sales is referred to as price skimming. Price skimming is a pricing strategy that involves starting with a high price and gradually lowering it until the product's demand is satisfied. Businesses that are new to the market frequently use this strategy. Once the demand is met, they will stabilize the price of the product.

Price skimming is a market entry strategy in which a business sets a high price for a product when it first enters the market and then gradually reduces it to attract a wider customer base. This is a common approach for new businesses attempting to penetrate the market for a product or service.In conclusion, the strategy of cutting down prices to increase sales is referred to as price skimming. Businesses that are new to the market frequently use this strategy to increase their sales revenue.


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Poitioning" i a marketing management aid that refer to: _________ A. How cutomer think about propoed and/or preent brand in a market

Answers

Positioning is a marketing management tool that describes how consumers perceive existing and/or potential brands in a certain market. So, the suitable option will be option (a).

Give a brief account on marketing management.

Marketing management applies economics and competitive strategy techniques to analyze the business environment in which the organization works. Marketers use SWOT analysis to focus on the relative competitive strengths and weaknesses of each competitor in the market as they create extensive profiles of each competitor. Marketing managers will look at each rival's cost structure, profit sources, assets, and capabilities as well as its competitive positioning, product differentiation, level of vertical integration, past responses to market changes, and other elements.

Market and marketing research are frequently conducted by marketing management in order to undertake marketing analysis. Although there are many techniques used by market researchers, the following are some of the most common ones :

Focus groups and different kinds of interviews are examples of qualitative marketing research.statistics surveys are examples of quantitative marketing research.experimental methods, including test marketsTechniques of observation like ethnographic (on-site) observation

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The complete question is mentioned below :

"Positioning" is a marketing management aid that refers to:  ______

A) how customers think about proposed and/or present brands in a market.

B) a product's ability to provide both immediate satisfaction and social responsibility.

C) how a firm approaches customer relationship management.

D) a firm's ability to distribute products through intermediaries who are in the right position to reach target customers.

E) all of these alternatives are true.

even perfectly anticipated inflation imposes costs. why?

Answers

Even perfectly anticipated inflation imposes costs because it erodes the purchasing power of money and introduces uncertainty into economic decisions.

When inflation is perfectly anticipated, it means that people expect and adjust their behavior accordingly to the expected increase in prices. However, even in this scenario, costs arise due to several factors. Firstly, inflation reduces the purchasing power of money over time. As prices rise, the same amount of money can buy fewer goods and services, impacting individuals' standards of living. Secondly, inflation introduces uncertainty into economic decisions. Businesses and consumers may hesitate to make long-term investments or financial commitments due to uncertain future prices, leading to economic inefficiencies and slower growth. Additionally, inflation can distort resource allocation and create winners and losers depending on their ability to adapt to changing price levels. Overall, even with perfect anticipation, inflation still brings costs that affect individuals, businesses, and the economy as a whole.

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If my dad decides to buy a smokeshop but my mom doesn’t put her or our names on it will we lose anything money wise? I know his names on the house so that worries me but if she doesn’t sign anything will we lose anything? Pls don’t answer if you dont know

Answers

As long as you have some sort of written contract on who gets the money when and why he has full control to just not give you anything :( i think it would be best to put your names

1. sorry about earlier

part one of the question) whoever buys the smokeshop via your dad, if his name is on it, then he will be the one recieving the money. and if he decides to put your name onto the smokeshop or your mom on it later, then he has to pass it down to whomever he passes it down to, such as his family (you, your mother, grandparents, etc...) so id say that the money will go via your father.

2.yes so if his name is on the house then he will be the one recieving the money and you will not loose money i dont think if he owns that smokeshop. so there is nothing to really worry about other than having to pay bills for lights and things.  other than that you should be okay, i am not sure if YOU should put your name up for the smokeshop because i do not know your age. . but other than bills, light bills, water bills, and things you should be okay, if your father sells the things at his smokeshop then he should be making pay.

if this isnt what you are asking i apologize for this answer, i think this is what the question is asking though. have a good day :D

again sorry about earlier... with the  24 thing that was immature

can someone help me? got till the end of the day :/

can someone help me? got till the end of the day :/

Answers

Answer:

A

Explanation:

which attribute in perfect competition makes it so firms will make zero economic profit in the long run?

Answers

In perfect competition, the attribute that leads to firms making zero economic profit in the long run is known as "free entry and exit."

This condition implies that there are no barriers to entry or exit in the market, allowing new firms to enter the industry and existing firms to leave if they are not earning economic profits.

In the long run, in a perfectly competitive market, firms will earn enough revenue to cover all their costs, including opportunity costs of production. However, they will not earn any additional profit above and beyond that. If firms were earning positive economic profits in the short run, the entry of new firms into the market will erode those profits until they reach zero in the long run.

This zero economic profit condition in perfect competition serves as a key feature that promotes efficiency in resource allocation. It ensures that firms are producing goods or services at their lowest possible cost, with no excess profit signaling that resources are being used efficiently and in line with consumer demand.

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[-/12.5 Points] DETAILS MENDSTAT15 5.4.018.MI. MY NOTES PRACTICE ANOTHER A candy dish contains eight brown and five red M&Ms. A child selects five M&Ms without checking the colors. What is the probability that there are four brown and one red M&Ms in the selection?

Answers

The probability that there are 4  brown and 1 red M&Ms in the selection is 0.2179 or 21.79%.  

The given data are:Total number of M&Ms in candy dish = 8 brown + 5 red = 13A child selects 5 M&MsWithout checking the colors, the probability that there are 4 brown and 1 red M&Ms in the selection is to be  determined.

Let us solve this problem.P(n(S)) = Number of ways of selecting 5 M&Ms from 13 = n(S) = 13C5 = 1287Number of ways of selecting 4 brown and 1 red M&Ms = Number of ways of selecting 4 M&Ms from 8 brown and 1 M&M from 5 red.= n(E) = 8C4 * 5C1 = 280Therefore, the probability that there are 4 brown and 1 red M&Ms in the selection is:P(E) = n(E)/n(S) = 280/1287= 0.2179 or 21.79%

Therefore, the probability that there are 4 brown and 1 red M&Ms in the selection is 0.2179 or 21.79%.Note: Probability is a branch of   mathematics that deals with the study of random events. It helps us understand the  likelihood  of an event occurring.

It ranges from 0 to 1. A probability of 0 indicates that the event is  impossible to occur and a probability of 1 indicates that theevent is certain to occur.  

 

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The management of company B believes that money is the only way to motivate employees. Do u agree.justify ur answer?pls

Answers

Answer:

There are actually two answers to this question its a Yes and a No

Explanation:

The reason is some employees are realistic enough to be encourage by words WHILE some others believed to be encouraged by money but from my POV I think no

In 18th century, what was the main reason of slow down of Indian Foreign Trade

Answers

Answer:

Introduction to India’s Foreign Trade:

Even being a typical poor underdeveloped country, India’s foreign trade was in a prosperous state during the period under review. In terms of volume of trade and the range of commodities entering into trading list, India was better placed compared to other contemporary underdeveloped countries. But that must not be viewed as an indicator of prosperity. Above all, her pattern of trade was definitely different from those of other underdeveloped countries.

India’s composition of trade (i.e., pattern of imports and exports) before 1813 included manufactured goods as well as primary articles in export list and metals and luxury products in the import list. But such pattern of trade was supplanted by the import of manufactured goods and exports of agricultural raw materials and food grains during much of the nineteenth and twentieth century. This must not be the sign of prosperity or cause for jubilation.

Explanation:

Rather, this situation generated much heat and controversy because, instead of being an engine of growth, foreign trade, as engineered by the British Government, exacerbated economic exploita­tion. It hampered the process of industrialization. It brought untold misery to the masses. Most importantly, of course partly the backwardness of Indian industry and agriculture is ‘the effect of its external trade which moulded into shape the productive mechanism of the country.’

To understand the nature of the controversy it will be fruitful to tell something about the history of India’s foreign trade during 1757 and 1947. The growth of foreign trade during the two centuries can be divided into following unequal periods: 1757 to 1813, 1814 to 1857, 1858 to 1914, and from 1915 to 1947.

The first period—the early years of the British East India Company (EIC)—is known as the ‘age of mercantilism’. During the period under consideration trade statistics is not available. However, some sort of institutional changes in trade took place during this period.

In the mid-18th century, Indian foreign trade was mainly conducted by the English, Dutch, French, and Portuguese traders and merchants. But the revolution of 1757 strengthened the supremacy of the British EIC. In the process, the EIC monopolized trade and ousted the other merchants and traders.

Explain the relationship between deductibles and premiums
Explain the roles of insurance on having a strategic and strong financial plan.

Answers

Answer:

join bmt-cnup-egu on meet

.

.

.

Apply the life cycle concept to a company you are familiar with or are intereted in. What tage i the company currently in? Analyze and decribe each tage in depth

Answers

The idea of the business cycle applies to a company whose growth you are interested in or with which you are familiar. Based on 5 steps, there was the.

Exactly what else does business mean?

An innovative company or group that engages in professional activities is referred to as a business. They might be industrial, industrial, or something else else. Businesses that are for profit operate to make a profit, whereas those that are nonprofit do so to further a charitable cause.

What characteristics distinguish a successful enterprise?

Focusing on the primary purpose for which a company was founded is one of its qualities. Although there may be opportunities to grow and add other product lines, the priority should always be on providing your core product or service while maintaining high standards for quality and customer satisfaction.

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Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife.
What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8-8.
a. His AGI is $106,900
Amount of child tax credit?
c. His AGI is $421,900, and his daughters are ages 10 and 12.
Amount of child tax credit?

Answers

The child tax credit amount for Trey will be $2,000 each for his daughters and the phase-out of the child tax credit completely phases out at $400,000 of AGI

1. When Trey's AGI is $106,900: If Trey's AGI is $106,900 and he files a joint return with his wife, then the maximum child tax credit per qualifying child is $2,000.The credit is reduced by $50 for every $1,000 of AGI in excess of $112,500 for married couples filing jointly. The phase-out of the child tax credit completely phases out at $400,000 of AGI .So, the child tax credit amount for Trey will be $2,000 each for his daughters.

2. When Trey's AGI is $421,900 and his daughters are ages 10 and 12: If Trey's AGI is $421,900 and his daughters are ages 10 and 12, then the maximum child tax credit per qualifying child is $2,000.The credit is reduced by $50 for every $1,000 of AGI in excess of $200,000 for a married filing joint return.The phase-out of the child tax credit completely phases out at $400,000 of AGI.So, the child tax credit amount for Trey will be $0. Hence, he will not be able to claim any child tax credit.

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Which type of insurance includes the assumption of a contractual obligation to reimburse the insured against all or a portion of his fees, costs, and expenses related to or arising out of services performed by or under the supervision of an attorney who is an active member of the bar of any jurisdiction or jurisdictions of the United States?

Answers

Answer:

Legal Insurance

Explanation:

Legal insurance is a type of insurance that provides legal advice and also the costs related to a dispute regardless of whether the policy holder is a plaintiff or the defendant in the case.

In legal insurance , the insurance provider assumes the contractual obligation to reimburse the insured against all or portion of the legal fees arising out of services performed  by or under the supervision of an attorney who is an active member of the bar of any jurisdiction of the United States.

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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the united states is considered to have a high standard of living because:

A. the most important sector's of its economy are agricultural

B. most of its citizens have access to necessities like food.

C. a large number of its citizens struggle to find good jobs.

D. its currency is no longer tied to precious metals like gold.​

Answers

Answer:

B. most of its citizens have access to necessities like food.

Selected transactions for Sophie’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,460. 3 Performed services for $170 on account. 5 Performed services for cash of $90. 8 Purchased equipment for $730. The company paid cash of $100 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $640. 22 Paid utilities of $88. 24 Borrowed $1,830 from Grafton State Bank by signing a note. 27 Paid $270 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $2,200 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Answers

Answer:

March 1

Dr Rent expense $1460

Cr Cash $1460

March 3

Dr Accounts receivable $170

Cr Service revenue $170

March 5

Dr Cash $90

Cr Service revenue $90

March 8

Dr Equipment $730

Dr Cash $100

Cr Accounts payable (730-100) $630

March 12

Dr Cash $170

Accounts receivable $170

March 14

Dr Salaries and wages expense $640

Cr Cash $640

March 22

Dr Utilities expense $88

Cr Cash $88

March 24

Dr Cash $1830

Cr Notes payable $1830

March 27

Dr Maintenance and repairs expense $270

Cr Cash $270

March 28 Accounts payable $630

Cash $630

March 30

Dr Prepaid insurance $2200

Cr Cash $2200

Explanation:

Preparation of Journal entries

March 1

Dr Rent expense $1460

Cr Cash $1460

(To record rent expense paid)

March 3

Dr Accounts receivable $170

Cr Service revenue $170

(To record services performed on account)

March 5

Dr Cash $90

Cr Service revenue $90

(To record services performed for cash)

March 8

Dr Equipment $730

Dr Cash $100

Cr Accounts payable (730-100) $630

(To record equipment purchased)

March 12

Dr Cash $170

Accounts receivable $170

(To record cash received from customers)

March 14

Dr Salaries and wages expense $640

Cr Cash $640

(To record wages paid to employees)

March 22

Dr Utilities expense $88

Cr Cash $88

(To record utilities expense paid)

March 24

Dr Cash $1830

Cr Notes payable $1830

(To record cash borrowed by signing a note)

March 27

Dr Maintenance and repairs expense $270

Cr Cash $270

(To record cash paid for repairs)

March 28 Accounts payable $630

Cash $630

(730-100)

(To record cash paid to accounts payable)

March 30

Dr Prepaid insurance $2200

Cr Cash $2200

(To record prepaid insurance paid)

Strategic planning requires ________________ to facilitate the process of assessing opportunities or threats from competitors.

Answers

Strategic planning requires marketing Analytics to facilitate the process of assessing opportunities or threats from competitors.

What is Marketing Analytics?

Please note that this is the study of data to assess the performance of marketing activity.

It strives to uncover market-related insights from data and helps to:

stop or prevent continuous lossesuncover hidden opportunitiesevaluate competitionunder stand consumption patterns and triggers etc.

Following from the full question which is attached, the correct answer is B.

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Strategic planning requires ________________ to facilitate the process of assessing opportunities or

People often plan in business. Strategic planning requires development of an organizational mission statement to facilitate the process of assessing opportunities or threats from competitors.

What is Strategic planning

Strategic planning is known to be a kind of  organizational management activity that is often done to show priorities, base energy and resources, empowers operations, make sure that employees and the stakeholders are working hard in hand for common goals.

This kind of planning needs the growth or workings of an organizational mission statement to boost the act of looking for opportunities or threats from competitors.

Here, there are establish agreement centers on the intended outcomes or results, and look into and adjust the organization' management.

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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent

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Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

\(= \frac{Future \ value}{(1+r)^n}\\\\\)

that's why "Option D" is correct.

Identify internal users of accounting information from the choices below. (Check all that apply.) Marketing managers Nonmanagerial employees I Board of directors O Purchasing managers

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The internal users of accounting information from the choices provided are: Marketing managers, Board of directors, and Purchasing managers.

The internal users of accounting information can be identified as follows:

Marketing managers: Marketing managers use accounting information to analyze sales data, monitor marketing expenses, and assess the profitability of marketing campaigns. They rely on financial statements and cost data to make informed decisions regarding pricing, advertising budgets, and product development.Nonmanagerial employees: While nonmanagerial employees may not have direct access to detailed financial information, they still benefit from accounting reports, such as payroll statements and expense reimbursements. This information ensures accurate payment of wages, benefits, and expenses.Board of directors: The board of directors plays a crucial role in overseeing the financial performance and compliance of the organization. They use accounting information to assess the company's financial health, make strategic decisions, and ensure proper governance. Financial statements, audit reports, and budgetary information help the board monitor performance and make informed decisions.Purchasing managers: Purchasing managers rely on accounting information to monitor and control inventory levels, track supplier payments, and evaluate the cost-effectiveness of procurement processes.

They use cost data and budget information to negotiate contracts, manage supplier relationships, and optimize purchasing decisions.

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For which TWO main purposes do companies use social media?

get the latest advanced technologies

advertise their services and check the market

keep track of their employees’ activities

keep up with the latest industry news

spy on their competitors

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Answer:

advertise their services and check the market and keep up with the latest industry news!

Explanation:

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