which statement is true about the gross profit method of inventory valuation? group of answer choices it eliminates the need for physical inventories. it may be used to estimate inventories for interim statements. it may be used to estimate inventories for annual statements. when calculated on selling price, it will always be more than the related percentage based on cost.

The case study of child slave labor in the Ivory Coast raises several corporate and systemic issues, including exploitation of child labor, poverty, lack of education and access to opportunities, and a lack of corporate responsibility.

Specifically, the exploitation of child labor in the Ivory Coast is driven by a number of factors, including a lack of enforcement of labor laws, weak labor rights, and pressure from companies to produce cheap products.

Additionally, poverty in the region has forced children into labor, as their families are unable to support them financially. Lack of access to education and opportunities further perpetuates the problem, as children do not have the skills or resources to find alternative jobs.

Finally, corporate responsibility is lacking, as companies are not held accountable for their role in exploiting child labor.

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The annual depreciation expense assuming the use of the straight-line depreciation method is $6,000. Option B.

Calculation:

Annual depreciation under SLM:

= (Asset cost-Salvage value) + Useful life of the asset

= ($40,000+$1,000 - $5,000)/6

= $36,000/6

= $6,000

Residual value, also called residual value, is the estimated value of an item of property, plant, and equipment at the end of the lease term or useful life. In a leasing situation, the lessor uses the residual value as one of the primary ways to determine how much the lessee will pay in regular lease payments. Residual value is one of the components of a lease calculation or transaction.

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Answer:

a

Explanation:

working at gm Ford plants are loading

Answer:

low opportunity cost

Explanation:

Opportunity cost is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.

Low opportunity cost: The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.

Answer:

High Efficiency

Explanation:

Edge 2021

Note that in the above scenario, the direct materials price variance is: $10,547.90.

The direct materials price variance is defined as the difference between the actual price paid for materials and the standard price for those materials.

To calculate the direct materials price variance, you first need to determine the standard cost of the materials used during the period in question.

The standard cost of materials = Standard quantity of materials x Standard price per unit

= 1 pound per unit x $26 per pound

= $26 per unit

Next, we compute the actual cost of the materials used during July. This  is given as:

Actual cost of materials = Total amount paid for materials / Total quantity of materials used

= $142,000 / 5,030 pounds

= $28.09 per pound

Finally, you can calculate the direct materials price variance by subtracting the standard cost of the materials from the actual cost of the materials:

Direct materials price variance = Actual cost of materials - Standard cost of materials

That is

= $28.09 per pound - $26 per pound

= $2.09 per pound

Hence, the Direct materials price variance is:

2.09 x 5030

= $10,547.90.

Thus, it is correct to state that the direct materials price variance is: $10,547.90.

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Explanation:

the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day

The survival revenue or EBDAT breakeven will be $200,000 if the cash fixed costs are $60,000, variable costs are $70,000 and sale of $100,000. The correct answer is option D.

To find the "survival revenues" (SR) or EBDAT breakeven, we need to determine the sales level where earnings before depreciation, amortization, and taxes (EBDAT) equal zero.

Using the information provided: cash fixed costs = $60,000; variable costs = $70,000; and sales = $100,000.

First, we find the contribution margin ratio (CMR) which is the percentage of each sales dollar that can be applied to fixed costs:
CMR = (Sales - Variable Costs) / Sales
CMR = ($100,000 - $70,000) / $100,000
CMR = $30,000 / $100,000
CMR = 0.3 or 30%

Next, we calculate the survival revenues (SR) by dividing the cash fixed costs by the contribution margin ratio:
SR = Cash Fixed Costs / CMR
SR = $60,000 / 0.3
SR = $200,000

So, the survival revenues (SR) or EBDAT breakeven is $200,000, which corresponds to option D) $200,000 in the list provided.

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You would be willing to pay a maximum of $11,428.57 for the investment.

To determine the maximum amount you would be willing to pay for the investment, we need to calculate the present value of the expected cash flows. Let's break down the steps:

Cash flow from the investment: $800 per year

Cash flow growth rate: 4% per year

Alternative investment return: 11% per year

First, we calculate the present value of the perpetuity (infinite cash flows) using the formula for the present value of a growing perpetuity:

Present Value = Cash Flow / (Discount Rate - Growth Rate)

Since the cash flows start in 5 years, we need to discount them back to the present value. The discount rate will be the alternative investment return of 11% per year. The growth rate of 4% is subtracted from the discount rate.

Present Value = $800 / (0.11 - 0.04)

Simplifying the equation:

Present Value = $800 / 0.07

Calculating the present value:

Present Value = $11,428.57

Therefore, the maximum amount you would be willing to pay for the investment is $11,428.57.

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Path-goal theory would suggest that a leader dealing with a newly formed work unit that has a high level of ambiguity should have a particular behavior.

Task shape is a critical issue of the Path-Goal Leadership Theory, which states that a leader's duty is to boom her personnel' motivation through making sure an excessive diploma of project shape. This management concept has 3 major components -- management style, subordinate possibilities and project shape.

Effective leaders, consistent with this concept, provide their personnel a clean route to comply with to gain goals, eliminating pitfalls and obstacles. The concept gives steerage for methods leaders can inspire and help personnel in achieving goals.

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Answer:

it would be unethical to do that because you are breaking the law

Answer:

It would be unethical.

Explanation:

coconutoil2217 is correct, it would be unethical to cheat on your taxes.

The willingness of a person to take chances and their decision-making process can indicate a person's risk tolerance. Risk tolerance refers to the degree of uncertainty or potential loss an individual is willing to withstand in their investment or decision-making activities. People with high-risk tolerance are more likely to take risks, even if the outcome is uncertain, while those with low-risk tolerance are more cautious and prefer to avoid taking chances.

Factors that can influence a person's risk tolerance include their personality traits, past experiences, cultural background, and personal goals. For example, someone who is naturally more adventurous and enjoys taking risks may have a higher risk tolerance than someone who is more risk-averse. Additionally, a person's past experiences with successful or unsuccessful risk-taking can also impact their willingness to take chances in the future.

Overall, a person's risk tolerance and decision-making process are important factors to consider when evaluating their approach to risk-taking and decision-making.

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Answer:

Price. Perhaps one of the biggest factors is the price; although this can vary depending on income.  

Time. Everyone has the same 24 hours in a day. Whether you’re Bill Gates, Warren Buffett, or your next-door neighbor.

Effort. Time and effort are essentially interlinked. ...

Utility. This is essentially the enjoyment or pleasure that the consumer receives

Explanation:

Answer:

Lamp lighter

Explanation:

Very few exist today as most street lighting has long been replaced by electric lamps.

This is done by connecting a device called a modem to the digital computer. This process of converting a digital signal to an analog signal is known as modulation. On the receiving end, the incoming analog signal is converted back to digital form in a process known as demodulation.

computers convert physical signals into data by connecting a device called a modem to the computer.

An evaluation of strengths, weaknesses, opportunities, and threats is known as a SWOT analysis.

The methodical examination of a subject's validity, importance, and relevance using standards-based criteria is called evaluation. When making decisions or assessing the degree of achievement or value in relation to the goal and objectives, as well as the results of any such action that has been taken, it can be helpful to an organisation, programme, design, project, or any other intervention or initiative to evaluate any goal, realisable concept or proposal, or any alternative. Evaluating and describing topics of interest is a common practise in a range of human endeavours, including the arts, criminal justice, foundations, non-profit organisations, government, health care, and other human services. It takes a while, and at the end of that time, it is finished.

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When assessing buyer power using porter's five forces,d. low price is not consistent with low buyer power. A low price could indicate the high bargaining power of the buyer.

In the context of Porter's Five Forces framework, buyer power refers to the ability of buyers to exert pressure on firms in the industry and impact their profitability. When assessing buyer power, factors such as brand loyalty, control over the distribution channel, and the number of suppliers are considered. A high number of suppliers and a lack of control over the distribution channel generally result in low buyer power, as there are many alternatives for the buyer to choose from and the buyer is not able to influence the market. On the other hand, when buyers have brand loyalty and control over the distribution channel, they have a stronger bargaining position and can exert more pressure on firms in the industry, resulting in higher buyer power. However, a low price does not necessarily indicate low buyer power. In fact, a low price could indicate that the buyer is price-sensitive and demanding, which gives them a strong bargaining position and high buyer power. Thus, a low price is not necessarily consistent with low buyer power

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Answer:

where the production and distribution of goods is based on custom and cultural traditionsExplanation: because

Explanation:

To consider logic when prioritizing task means: You should order them by how long they take to achieve.

Answer:

Considering logic requires understanding which tasks need to be completed first in order to allow other tasks to become possible to complete. Setting priorities using logic assumes that it will just make sense for some tasks to be completed earlier.

Explanation:

To check the capability of the measuring system for the melting furnace temperature, I suggest conducting a calibration test using a known reference temperature source.

Explanation:

Calibration is a process that verifies the accuracy and reliability of a measuring system by comparing its readings with a known reference. In this case, a known temperature source, such as a calibrated thermometer or a certified temperature probe, can be used. The reference source should have a higher accuracy and stability compared to the measuring system being tested.

During the calibration test, the reference temperature source should be placed inside the melting furnace in a location that represents the typical temperature distribution. The measuring system's readings should be compared to the reference source readings at various temperature points and across different operating conditions, such as during temperature fluctuations and different heating or cooling rates. This will help identify any systematic errors, biases, or inconsistencies in the measuring system.

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(a) Roseland provides a note with terms of $700,000, 90 days, and 8% in exchange for a loan.

$700,000 × 8% x (90/360) Equals $14,000 in interest costs.

Roseland would note the following upon issuance:

Credit Notes Payable offsets Debit Cash by $70,000.

When Roseland repays the face value and interest at maturity: Credit Cash 714,000; debit Notes Payable 700,000; debit Interest Expense 14, 000.

(a) The entries refer to notes receivable and interest revenue in CorpOne's eyes. When the note is issued, CorpOne receives it and lends $700,000. This loan would be reported.

Debit 700,000 in Notes Due; Credit 700,000 in Cash

Following receipt of the payment at maturity, CorpOne will categorise the interest income it has raked in over the previous 90 days as follows:

Debit Cash 714 000, credit Notes Receivable 700 000, and credit Interest income 14,000

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GDP and GNP are both measures of the economic performance of a country, but they differ in the scope of their measurement.

GDP stands for Gross Domestic Product, which is a measure of the total value of goods and services produced within a country's borders during a specific period, usually a year. GDP is considered to be one of the most important indicators of a country's economic performance and is used to measure the size and growth of an economy.

There are two main ways of calculating GDP: the expenditure approach and the income approach. The expenditure approach calculates GDP by adding up all the expenditures on final goods and services within a country, including consumer spending, government spending, investment, and net exports (exports minus imports). The income approach, on the other hand, calculates GDP by adding up all the incomes generated by the production of goods and services within a country, including wages, salaries, profits, and rent.

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Answer:

hm well either a heart or a promise?

Explanation:

740.74 percent, which indicates that if paul loses his job, he would not be able to pay off his debt is the correct option.

given data:

paul credit bill = $2,000

amount in wallet = $20

cost of TV = $100

total assets = $150

Total assets of paul = Wallet balance + cash or bank balance + TV + other  assets

                                         = $20 + 0 + 100+150

                                         = $270

Total liabilities = $2000

Debt to asset ratio =  \(\frac{total debt}{total assets}\)

                               = $2000/$270

                               = 740.74 %

His debt to total asset ratio is 740.47% which indicates that if he lose his job he won’t be able to pay off his debt.

The sum that the borrower owes the lender constitutes their debt, in its most basic form. A debt is a quantity of money that is owing together with interest after being borrowed for a specific amount of time. The borrower's creditworthiness has an impact on both the debt's size and approval. Mortgages are among the most common forms of personal debt, along with secured and unsecured loans. In contrast to unsecured debt, which is simply determined by a person's creditworthiness, secured debt needs some sort of collateral.

the complete question is:

Paul is a college student. All of Jarrod's disposable income is used to pay his college-related expenses. While he has no liabilities (paul is on a scholarship), he does have a credit card that he typically uses for emergencies. He and his friend went on a shopping spree in New York City costing $2,000, which paul charged to his credit card. paul has $20 in his wallet, but his bank accounts are empty. paul has an old TV worth about $100. paul other assets total about $150.

What is paul's debt-to-asset ratio? What does this indicate about Jarrod's financial position?

paul's debt-to-asset ratio is: (Select the best answer below.)

A. 74.07 percent, which indicates that if paul loses his job, he would not be able to pay off his debt.

B. 0.74 percent, which indicates that if paul loses his job, he would not be able to pay off his debt.

C. 0.0014 percent, which indicates that if paul loses his job, he would not be able to pay off his debt.

D. 740.74 percent, which indicates that if paul loses his job, he would not be able to pay off his debt.

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Answer with explanation:

1) it means tht the machine can do it's work in a 90% in a good way

2) no machine is free from the effects of gravity, and even with wonderful lubrication the energy a machine produces is always less than the work put into it that's why 100% efficency isnt possible in machines.

Best of luck!!!

The correct answer is a. European firms will pay fewer euros for equipment purchased from the U.S.

Less money will be spent by European businesses on American-made equipment. The cost of European goods will increase for US customers. When the value of the dollar rises (the exchange rate rises), domestic products and services become more expensive relative to their international counterparts. The cost of exporting goods will increase if the value of the dollar increases because international buyers would have to pay more in USD for American goods. That indicates that fewer American goods will likely be exported as a result of the increased price. Inflation is often lowered by currency appreciation because imports become more affordable and the reduced prices result in lower inflation. It reduces consumer interest in domestic goods and increases the appeal of imports.

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