When auditing liabilities account balances, auditors are most concerned with management's assertion about existence. Option D is correct.
Existence is a critical assertion in auditing liabilities account balances because it ensures that the reported liabilities actually exist and are valid. Auditors verify this by examining supporting documents such as invoices, contracts, loan agreements, and other relevant records. They also perform procedures to confirm the accuracy of the recorded amounts, such as contacting third parties for confirmation or performing physical inspections. By focusing on existence, auditors aim to ensure that the liabilities are not overstated or understated, providing users of the financial statements with reliable and trustworthy information. This assertion is particularly important in assessing the financial health and obligations of the company.
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how to use service economy and consumer and also producer in a sentence
To use service economy and consumer and also a producer in a sentence, you could say:
"The service economy relies on both consumers and producers to drive growth, as consumers demand services and producers meet those demands through their offerings."
What is a Service Economy?The term "service economy" might apply to either of two current economic developments: The growing prominence of the service industry in developed economies.
The current Fortune 500 list includes more service businesses and fewer manufacturing than prior decades.
The service-based economy is distinguished by a dominant tertiary sector, an availability of services, a limited number of manufacturers, and the majority of service-based economies being located in first-world nations.
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Hich statement is true about the ordered pair (3 , 4)?
A. To plot the ordered pair (3 , 4), travel four units to the right on the y-axis and three units up on the x-axis, from the origin. B. To plot the ordered pair (3 , 4), travel three units to the right on the y-axis and four units up on the x-axis, from the origin. C. To plot the ordered pair (3 , 4), travel three units to the right on the x-axis and four units up on the y-axis, from the origin. D. To plot the ordered pair (3 , 4), travel four units to the right on the x-axis and three units up on the y-axis, from the origin.
Answer:point c
Explanation:
2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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herring corporation has operating income of $235,000 and a 40% tax rate. the firm has short-term debt of $115,000, long-term debt of $321,000, and common equity of $436,000. what is its return on invested capital?
In this case, Herring Corporation has operating income of $235,000 and a total of $872,000 invested in short-term debt, long-term debt, and common stock. The result is a return on invested capital (ROIC) of 21.0%.
Return on invested capital (ROIC) is a profitability ratio that measures the rate of return on a company's capital investment. It is calculated by dividing a company's operating income by the sum of its short-term debt, long-term debt and equity. The higher the ROIC, the better the company is at generating profits from its investments.
It can be calculated by using this formula:
Return on Invested Capital = Operating Income / (Short-term Debt + Long-term Debt + Common Equity)
Return on Invested Capital = $235,000 / ($115,000 + $321,000 + $436,000)
Return on Invested Capital = 0.21 or 21.0%
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If you are projecting your future financially, what are your
doing?
Risking
Forecasting
Managing
Expanding
Answer:
Forecasting
Explanation:
Because a weather forecast looks ahead for weather. You are forecasting your financial future
Outline why it is important for a business owner to respond to technological and global issues when establishing a business?
Technology enables an increase in the efficiency of systems, products, and services. It helps track and streamline strategies, hold records go with the flow, and control contacts and employee records.
In reality, this expanded efficiency in operation enables lessened costs as well as allows the commercial enterprise to develop swiftly.
Technology has vital consequences on commercial enterprise operations. Irrespective of the scale of your business enterprise, technology has both tangible and intangible advantages that will help you make money and produce the results your customers demand. Technological infrastructure affects the subculture, performance, and relationships of a business.
The use of technology has made commercial enterprises and clients closer in many areas. E-mail and Social Media are getting used for answering queries related to products and services with clients. Giving customers all feasible methods to contact the agency is simple with the latest technology and packages over the internet.
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What is the gross income for a real estate agent in 2021?
Answer:
It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.
I hope this helps :)
Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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On May 10, a company issued for cash 1,500 shares of no-par common stock (with a stated value of $2 ) at \$14, and on May 15, it issued for cosh 2 ,000 shares of $15 par preferred stock at \$5e. What is the amount of paid-in capital in stated value at May 10 and poidin capital in excess of par at May is, assuming that the common. stock is to be credited with the stated value?
a. May 10,$21,000, May is: $116,000
b. May to $18.000, May 1s. $86,000
C. May 10 $3.000; May 15: $30.000
d. May 10 $15,000, Msy I5: $46,000
The correct option is "a. May 10,$21,000, May is: $116,000".
The given data is:1. On May 10, the company issued for cash 1,500 shares of no-par common stock (with a stated value of $2) at $14.2. On May 15, it issued for cash 2,000 shares of $15 per preferred stock at $55e.The formulae for the calculation of Paid-in capital are:
1. Paid-in capital in stated value = Stated value * number of shares issued.
2. Paid-in capital in excess of par = (Issue price - par value) * number of shares issued.Issue price is the price at which the shares were issued to the public.So,The amount of paid-in capital in stated value at May 10 will be:$2 * 1,500 = $3,000.The amount of paid-in capital in excess of par at May 10, assuming that the common stock is to be credited with the stated value, will be:Total amount received for issuing common stock = Issue price * number of shares issued
= $14 * 1,500
= $21,000. Par value of common stock = $0Therefore,Amount of paid-in capital in excess of par = Total amount received - Paid-in capital in stated value
= $21,000 - $3,000
= $18,000. The amount of paid-in capital in stated value on May 15 will be:$15 * 2,000 = $30,000.The amount of paid-in capital in excess of par at May 15 will be:Total amount received for issuing preferred stock
= Issue price * number of shares issued
= $5 * 2,000
= $10,000. Par value of preferred stock
= $15. Therefore,Amount of paid-in capital in excess of par = Total amount received - Paid-in capital in stated value
= $10,000 - $30,000
= -$20,000. This shows a negative amount. But we are assuming that the common stock is to be credited with the stated value. Therefore, we cannot credit the negative value here.So,Amount of paid-in capital in excess of par at May 15 will be zero.The final answer will be,May 10:Paid-in capital in stated value = $3,000.Paid-in capital in excess of par = $18,000.May 15:Paid-in capital in stated value = $30,000.Paid-in capital in excess of par = $0. Answer: a. May 10,$21,000, May is: $116,000.
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True or False: A scatter diagram is a convenient way to display graphically the relationship between two variables.
True.A scatter diagram is a graphical representation of the relationship between two variables.
It is a convenient way to visually display the data and help to identify any patterns, trends, or relationships between the variables. In a scatter diagram, each point on the graph represents the value of both variables for a single observation. The horizontal axis represents one variable, and the vertical axis represents the other variable. By plotting the data points, the scatter diagram provides a way to see the distribution of the data and the relationship between the two variables. This allows for a quick analysis of the data and can help in making decisions or predictions based on the relationship between the two variables.
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equity shareholders are called what
Answer:
owners
Explanation:
Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.
The equity shareholders of a company are called its owners.
Whats needed to do an investment
Answer:
Bank account, ID and money
Tristen, who is from Poland, is told by one of his coworkers that he is left out of conversations because he will not understand American phrases. This is an example of
a ethnic discrimination
b LGBTQ discrimination
c racial discrimination
d religious discrimination
Answer:
a
Explanation:
we arent told any other details apart from that he is from Polish, so it's the logical answer
Answer: A
Explanation:
Ethnic discrimination, the behavioral manifestation of racism, is defined as "unfair, differential treatment on the basis of race or ethnicity
You have decided to continue on with licensing your business to a firm in India. Much to your surprise, the Indian government has announced that it intends to enact local content law requirements. How will this impact the production of your products?
Answer:
You are not supposed to be allowed to import solar kits through India.
Explanation:
By laws requiring a predetermined reserve marketplace of providers for foreign operators to purchase from, local sourcing laws therefore will inevitably establish circumstances that are favorable to corruption and fraud. That was because regulations on local content enable businesses to use the very goods as well as products manufactured throughout the home economy and don't use imported products.A certain drug treatment cures 90% of cases of hookworm in children. Suppose that 20 children suffering from hookworm are to be treated, and that the children can be regarded as a random sample from the population. Find the probability that:
a. all 20 will be cured
b. no more than 2 will be cured
c. at least 1 will be cured
d. more than 78% will be cured
e. What is the mean and standard deviation of the number of cured out of 20?
f. What is the mean and standard deviation of the proportion of cured out of 20 (Hint: if you define a variable to be the number cured out of 20, the proportion is).
Answer:
78% of 2.
Explanation:
Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.
international businesses have to engage in market , or identifying different groups of consumers by their purchasing behavior.mixsegmentationtools
International businesses often use market segmentation to better understand and target different groups of consumers based on their purchasing behavior. This involves dividing a larger market into smaller, more specific segments based on factors such as demographics, psychographics, behavior, and geographic location.
Market segmentation allows businesses to tailor their marketing strategies to the specific needs and preferences of different consumer groups, increasing the effectiveness of their marketing efforts and improving their chances of success in a highly competitive global marketplace.There are various tools and methods that international businesses can use to conduct market segmentation. These include demographic segmentation, where consumers are segmented based on characteristics such as age, gender, income, and education; psychographic segmentation, which looks at consumers' attitudes, values, and personality traits; and behavioral segmentation, which considers consumers' purchasing behaviors, such as frequency, loyalty, and usage rate.Other segmentation tools include geographic segmentation, where consumers are segmented based on their location or region; and lifestyle segmentation, which takes into account consumers' interests, activities, and hobbies. By using these tools, international businesses can gain a deeper understanding of their target markets and create more effective marketing strategies to reach and engage consumers.
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Please help will mark brainliest
Answer:
first b
second b
third a
Explanation:
Answer:
for the first one is b
and the second one is b
lastly last one is C
if im correct yq
Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them more access to information.
Answer:
This is true
Explanation:
With the recent development in modern communication technologies, communication with customers is is now very easy and yet very sophisticated. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.
"
The purpose of antitrust (also known as competition) laws is to 1. increase competition in an industry by preventing mergers and breaking up large firms.
1. Protect consumers from monopolistic practices and ensure fair pricing.
2. Promote innovation and prevent the abuse of market power.
3. Maintain a level playing field for all market participants.
4. Prevent collusion and anti-competitive behavior among companies.
5. Safeguard the overall economic welfare and efficiency of markets.
Antitrust laws aim to prevent the concentration of market power in the hands of a few dominant firms, as such concentration can lead to reduced competition, higher prices, and limited consumer choice.
By enforcing these laws, governments seek to foster competitive markets that benefit consumers and encourage economic growth.
Antitrust laws vary across jurisdictions, but they typically include provisions that prohibit anti-competitive agreements, abuse of dominant market positions, and mergers or acquisitions that would substantially lessen competition.
Regulatory bodies, such as the Federal Trade Commission (FTC) in the United States or the European Commission in the European Union, play a crucial role in enforcing antitrust laws and ensuring compliance.
By promoting competition and preventing anti-competitive behavior, antitrust laws contribute to the overall functioning and fairness of markets, encouraging innovation, efficiency, and consumer welfare.
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Strengths identified in a SWOT Analysis are new actions a business should implement.
Question 1 options:
True
False
The Strengths that a business identifies when it does a SWOT Analysis are not new actions to be implemented so this is False.
SWOT analysis help a company evaluate itself to know what it needs to do to improve past its competitors. It is an acronym that stands for:
Strengths - these are areas that a company already excels in. Weaknesses - these are areas a company needs to improve in Opportunities - these are potential events that can be leveraged on by a company to become successful Threats - these are anything that can affect a business in a negative manner such as competitor products or government regulationAs shown above, strengths are not a new action to implement but are rather areas and actions that a company is already well-versed at implementing.
In conclusion, it is false that strengths in a SWOT Analysis are new actions that should be implemented.
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negotiators can become so focused on reaching an agreement they lose sight of the real goal, which is to
negotiators someone who tries to help two groups who disagree to reach an agreement with each other, usually as a job: Some very skilful negotiators will be needed to settle this dispute. International relations: diplomacy & mediation.
Integrative negotiation, also known as interest-based negotiation, is looking deeper than the parties' stated views to find viable tradeoffs and win-win scenarios across problems and interests. Integrative - An agreement reached through an integrative negotiation results in a win-win situation for both parties. Because neither side feels like they have lost at the end of the discussion, it is often preferable to distributive bargaining. When compared to integrative bargaining, distributive bargaining processes, which are founded on the idea of competition between participants, are more likely to result in lose-lose outcomes or to produce a situation where each side gets some of what they wanted but not as much as they might have if they had used...
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A fan base is, in most ways, quite similar to a customer base.
A. False
B. True
what combination of quantitative factors and qualitative factors (one of each) would you like your current/potential employer to use as a performance management system? Specify at least one performance measure for each of the four areas of the balanced scorecard. Explain your answer in detail.
Quantitative Factor: Revenue Growth Rate. A quantitative factor that I would like my employer to use as a performance measure is the revenue growth rate.
This measure reflects the company's ability to increase its sales and expand its customer base. It can be calculated by comparing the current year's revenue to the previous year's revenue. A higher revenue growth rate indicates successful business strategies and market competitiveness.
Qualitative Factor: Employee Satisfaction
As a qualitative factor, I would recommend measuring employee satisfaction. This can be assessed through surveys, feedback sessions, and performance reviews. Employee satisfaction reflects the overall well-being and engagement of the workforce. It considers factors such as job satisfaction, work-life balance, career development opportunities, and the organizational culture. A high level of employee satisfaction leads to improved productivity, higher employee retention, and a positive work environment.
Balanced Scorecard Measures:
Financial Perspective: Return on Investment (ROI)
ROI measures the profitability and efficiency of investments made by the company. It can be calculated by dividing the net profit by the total investment. A higher ROI indicates effective allocation of resources and successful financial management.
Customer Perspective: Customer Satisfaction Index (CSI)
CSI measures the level of satisfaction among the company's customers. It can be evaluated through surveys, feedback ratings, and customer reviews. A higher CSI reflects customer loyalty, repeat business, and positive word-of-mouth, which are crucial for long-term success.
Internal Processes Perspective: Process Efficiency
Process efficiency measures the effectiveness of internal processes and operations. It includes factors such as cycle time, error rates, and productivity levels. Improving process efficiency leads to cost reduction, faster turnaround times, and improved quality.
Learning and Growth Perspective: Employee Development
Employee development measures the investment in training, skill development, and career advancement opportunities for employees. It considers factors such as training hours, certifications, and promotion rates. Prioritizing employee development ensures a skilled and motivated workforce, leading to increased innovation, higher employee engagement, and organizational resilience.
By combining quantitative and qualitative factors and incorporating a balanced scorecard approach, the employer can gain a comprehensive understanding of performance, considering the financial, customer, internal process, and learning/growth aspects.
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why is workplace diversity so important in today’s business environment?
Answer:
Explanation:
Workplace diversity is important for several reasons in today's business environment:
Improved Decision Making: A diverse workplace brings together individuals with different perspectives, experiences, and backgrounds, leading to better decision making and problem solving.
Increased Creativity and Innovation: A workplace with a mix of different perspectives can lead to new and innovative ideas, and a more creative approach to problem solving.
Better Representation of Customer Base: A diverse workplace can help to better reflect the demographics of a company's customer base, leading to a better understanding of their needs and preferences.
Enhanced Reputation: Companies that are known for promoting diversity and inclusion are often viewed more favorably by both customers and employees, and may have an advantage in attracting and retaining top talent.
Improved Employee Satisfaction and Retention: A workplace that values diversity and provides equal opportunities for all employees can lead to a more positive and inclusive work environment, resulting in higher levels of employee satisfaction and reduced turnover.
Legal Compliance: Promoting diversity in the workplace is also important from a legal perspective, as there are laws and regulations in place to prevent discrimination in the workplace.
Overall, workplace diversity helps to create a more inclusive and productive work environment, which can lead to increased success for the business.
Summit Systems will pay a dividend of $1.50 this year. If you expect Summits dividend to grow by 6.0% per year, what is its price per share it the firm's equity cost of capital is 11.09 The price per shares
Summit Systems will pay a dividend of $1.50 this year. If you expect Summits dividend to grow by 6.0% per year, what is its price per share it the firm's equity cost of capital is 11.09 The price per shares is $31.24.
To calculate the price per share of Summit Systems, we will use the Dividend Discount Model (DDM), which incorporates the dividend payment, dividend growth rate, and equity cost of capital. Your question states that Summit Systems will pay a dividend of $1.50 this year, has a dividend growth rate of 6.0%, and an equity cost of capital of 11.09%.
Step 1: Determine the expected dividend for next year.
Expected Dividend (D1) = Current Dividend * (1 + Dividend Growth Rate)
D1 = $1.50 * (1 + 0.06) = $1.59
Step 2: Calculate the price per share using the Dividend Discount Model formula.
Price per Share (P0) = D1 / (Equity Cost of Capital - Dividend Growth Rate)
P0 = $1.59 / (0.1109 - 0.06) = $1.59 / 0.0509 = $31.24
So, the price per share for Summit Systems is $31.24.
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Expenses that need to be paid before a new business can open are called _____.
operating expenses
ending inventory
start-up costs
beginning inventory
Answer:
start-up costs
Explanation:
Hopefully that helps.
Answer:
Start Up Costs
Explanation:
Im taking a business major this is the right answer
Unlike the distinctive competencies of a company, the core capabilities of a company:
O a. are tangible and more visible.
O b. cannot be sustained for long without superior distinctive competencies.
O c. include things that the company can make, do..or perform better than its competitors.
O d. determine how efficiently inputs can be turned into outputs.
Option c. is correct: The core capabilities of a company include things that the company can make, do, or perform better than its competitors.
Distinctive competencies are unique strengths or advantages that a company possesses, which allow it to outperform its competitors in a particular area. Core capabilities are the key abilities, skills or processes that enable a company to deliver its products or services effectively and efficiently. While both are important for a company to succeed, core capabilities are often more fundamental to the company's operations and can provide a sustainable competitive advantage if leveraged correctly.
The pre-approved amount of money that a bank is willing to lend a credit card holder is the credit __________. A. Balance B. Rating C. History D. Limit
Answer:
Limit
Explanation:
Answer:
D. Limit
Explanation:
Using the relevant financial securities and
institutions, explain the chain of events which lead to the 2007
global financial crisis.
The chain of events leading to the 2007 global financial crisis was influenced by a combination of factors, including the housing market bubble, subprime lending practices, securitization of mortgages, flawed credit ratings, excessive risk-taking by financial institutions, and the interconnectedness of the global financial system.
The 2007 global financial crisis was a complex event that involved various financial securities and institutions.
1. Housing Bubble: In the early to mid-2000s, there was a housing bubble in the United States, fueled by factors such as loose lending standards, low interest rates, and speculation. Housing prices soared, leading to an increased demand for mortgage loans.
2. Subprime Mortgages: To meet the rising demand for mortgage loans, financial institutions started offering subprime mortgages to borrowers with lower creditworthiness. These mortgages had higher interest rates and were often bundled into mortgage-backed securities (MBS).
3. Securitization and Collateralized Debt Obligations (CDOs): Mortgage-backed securities were packaged into complex financial instruments known as collateralized debt obligations (CDOs). CDOs pooled together various types of mortgages, including subprime mortgages, and were sold to investors.
4. Credit Rating Agencies: Credit rating agencies assigned high ratings to many of these CDOs, indicating that they were relatively safe investments. However, the agencies underestimated the risks associated with the underlying subprime mortgages.
5. Financial Institutions' Investments: Financial institutions, including banks and investment firms, invested heavily in these CDOs and other complex derivatives, assuming they were low risk due to their high credit ratings. These investments were often funded through short-term borrowing.
6. Deterioration of Mortgage Market: As housing prices started to decline and the number of mortgage defaults increased, the value of mortgage-backed securities and CDOs plummeted. This created a crisis of confidence in the financial markets.
7. Interconnectedness and Systemic Risk: The financial institutions holding these toxic assets faced significant losses, impacting their capital positions. Moreover, the interconnectedness of the global financial system through complex financial products and counterparty relationships amplified the crisis, leading to a freeze in credit markets.
8. Financial Institution Failures and Bailouts: Several major financial institutions faced insolvency or collapse, including Lehman Brothers. This prompted government interventions, such as bailouts and emergency liquidity measures, to stabilize the financial system and prevent further contagion
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business intelligence is best defined as the use of information systems to ______. analyze data and information to improve business decisions.
Business intelligence is using technology to gather and analyze data, then presenting insights to decision-makers to help them make more informed, data-driven decisions and optimize processes for a competitive advantage.
The use of information systems and technology to analyze, gather, process, and display data and information in order to enhance company decision-making is known as business intelligence. The procedure entails locating pertinent data sources, collecting and combining data, applying statistical and analytical tools to analyze data, and then presenting conclusions to decision-makers. Business intelligence may help firms make more informed and data-driven choices, enhance business processes, and gain a competitive edge by giving them access to actionable insights and real-time information.
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