Answer:
"B"
Explanation:
The sole aim of every business is for profit making as no trader wishes to trade and make loss. He will need to ensure the sustainability of his business into a foreseeable future.
For profit to be made , a seller sells its goods and services at the cost price plus a decided mark up price
The least price that a seller can sell its goods , under normal market condition is the seller's cost of production. With this , he can still keep the business running and avoid insolvency
If quotas on sugar were eliminated in the United States, domestic production of sugar would fall. Why is this a benefit in economic terms for the United States? I. Resources are freed up that could be used more efficiently elsewhere. II. It is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. III. U.S. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.
Final answer:
Eliminating quotas on sugar in the United States would lead to a decrease in domestic production of sugar. This can be seen as a benefit in economic terms for the United States for several reasons: resources are freed up for more efficient use, foreign producers benefit, and consumers enjoy increased surplus.
Explanation:
Eliminating quotas on sugar in the United States would lead to a decrease in domestic production of sugar. This can be seen as a benefit in economic terms for the United States for several reasons:
Resources are freed up that could be used more efficiently elsewhere: When sugar quotas are eliminated, sugar farmers can shift their resources to producing other goods or engaging in other industries that may be more efficient or profitable. This can lead to overall economic growth and productivity.Beneficial for foreign producers of sugar: Eliminating quotas allows foreign producers of sugar, such as Brazil, to earn income by exporting their sugar to the United States. This benefits those countries economically, as they can increase their export revenue and support their domestic industries.Increased consumer surplus: With lower prices of imported sugar due to the elimination of quotas, U.S. consumers can enjoy increased consumer surplus. This means they can purchase more sugar at a lower price, leading to greater satisfaction and economic well-being.Low budget sports and entertainment marketers who want to use 21st century advertising wisely can benefit from ?
Answer:
the answer is your 2nd choice.
Explanation:
getting the "word" out there about your business or product is reaching more consumers rather than just newspapers. local advertising does benefit, but your biggest customer base is thru a media strategy..
Answer:
The correct answer would be B, A Media Strategy.
Explanation:
Sports and Entertainment Marketers who have a low budget of marketing their product and want to use the 21st century advertising wisely can benefit from A Media Strategy. A Media Strategy is the use of the combination of media mix in order to get the desired results of advertisement. This is the strategy in which the budgetary constraint is always kept in mind. Media Mix is the combination of different advertising channels such as Television, Radio, Billboards, Email, Newspapers, Internet, Social Media, etc
On October 1, 2016, Acme Fuel Co. sold 100,000 gallons of heating oil to Karn Co. at $3 per gallon. Fifty thousand gallons were delivered on December 15, 2016, and the remaining 50,000 gallons were delivered on January 15, 2017. Payment terms were 50% due on October 1, 2016, 25% due on first delivery, and the remaining 25% due on second delivery. What amount of revenue should Acme recognize from this sale during 2017?
a) $75,000
b) $150,000
c) $225,000
d) $300,000
Answer:
It should recognize for revenue for the 50,000 gallons delivered on January 15th for a value of 150,000 (50,000 gallons at $3 each)
Explanation:
Accrual principle. The transactions should be posted on the moment they actually occur, regardless of the cash flows associated with them. In this case, the sale revenue is happening on Jan 15th, the collection cycle does not impact the revenue recognition for this or any sale.
Conservatism principle. The revenues will be recorded only when the company is 100% sure that they will exist. Because the buyer can redefine the contract and only made the first purchase, so in December when 50,000 gallons are delivered, the company realizes that revenue and in January, when the company delivers another 50,000 it will recognize the other half. Doing that the company is being conservative, which is the right thing to do.
Reliability principle. Only transactions proven can be recorded. The sale proven on the accounting cycle of 2017 is for 50,000 sold at Jan 15th
Revenue recognition principle. This is the concept that you should only recognize revenue when the business has substantially completed the earnings process. As said before, the buyer could order a fewer amount for the second request or nothing at all, on December 15th there are 50,000 gallons delivers and therefore their earnings process substantially completed, so they are recorded for the 2016 cycle. One month later, on Jan 15th there is a second delivery for 50,000 gallons, which a substantially completed earning process as well, so 50,000x $3 = 150,000 of earnings
A ________ is a graph of decisions and their possible consequences.a. decision structureb. corporate hierarchyc. resolution graphd. decision-result assessmente. decision tree
Answer:
Decision tree :)
Explanation:
A decision tree is a graph that assists in decision-making by modeling various scenarios and outcomes. It includes decision nodes, event nodes, and outcome nodes to help visualize the consequences of different choices.
A decision tree is a graph of decisions and their possible consequences. It is a structural model that includes various components such as criteria, strategies, events, and consequences, as well as different estimates like the weights of criteria, scenario probabilities, and values of different consequences. Decision trees consist of decision nodes (squares), where a decision-maker chooses from possible strategies; event nodes (circles), where uncertain outcomes occur; and outcome nodes (triangles), which show the outcomes of different paths through the tree.
Decision trees are especially valuable as they help decision-makers avoid biases like framing bias by providing a clear-cut path of yes or no questions leading to a predetermined alternative. They ensure consistency in decision-making, and every time certain conditions are present, the decision-maker will follow a specific course of action. They are a powerful tool in making transparent decisions that can accommodate multiple levels of decisions and events.
Grace period is a period of time before the credit card company starts charging late fees.
True
False
Answer:
True
Explanation:
Answer:
true
Explanation:
Recently, your parents read in the newspaper that american factory worker jobs have the lowest income range. what is the best explanation for this fact
Answer:
it's not in demand and it requires a low education level resulting in lots of people applying making it not in demand
A price maker is
a. a consumer who participates in an auction where she announces her willingness to pay for a product.
b. a person who actively seeks out the best price for a product that he or she wishes to buy.
c. a firm that is able to sell any quantity at the highest possible price.
d. a firm that has some control over the price of the product it sells.
Classify each of the following account types by selecting options 1 through 5. fill in the blank with the 5 opitons below
Equipment
Accounts Payable
Mortgage
Accounts Receivable
Brandon Jones, Capital
1. Current Assets
2.
Current Liabilities
3.
Fixed Assets
4.
Long-term Liability
5.
Equity
Salaries Payable Supplies
Unearned Revenue
Land
Notes Payable
Office Building
Explanation:
There are many financial statements of a company in which the financial status of that company is recorded. Assets, Liabilities, Equity, Revenue, Sales, etc are documented. In the given Question, some account types are given and they are required to be matched with the appropriate entries. So they are classified as follows
Current Assets Office Building
Current Liabilities Salaries Payable Supplies
Fixed Assets Land
Long term Liability Notes Payable
Equity Unearned Revenue
The Human Resources department of French Quarter Seafood conducted a training workshop on setting and achieving organization goals. Alex, the store manager of the New Orleans location, has been working with his managers to set objectives that are clearly defined, focused on achieving specific results, and can be accomplished with a given amount of resources. Which aspect of SMART goals is missing?
Goals should be challenging, of course, but above all they should be realistic and attainable.
Goals should be stated in specific rather than vague terms.
Goals should specify the target dates or deadline dates when they are to be attained.
Goals should be results-oriented.
Whenever possible goals should be measurable, or quantifiable.
Answer:
The answer is (C) Goals should specify the target dates or deadline dates when they are to be attained.
Explanation:
SMART goals state that targeted objectives should be Specific, Measurable, Attainable, Relevant, and Timely. Alex has developed goals that are specific, measurable, attainable, and relevant – yet he has not defined the time needed to accomplish these goals, including their due date. Thus, Alex should think of a realistic time schedule that he plans to implement in order to achieve his goals.
Jose, the sales manager, is working on the problem of increasing sales by using the rational model of decision making. In the first step he identified the problem of his employees needing more training. In the second step he thought of alternative solutions; and in step three he evaluated alternatives and selected a solution. In the fourth step, Jose needs to _____. A. do more research to look at types of trainingB. select a contingency planC. implement and evaluate the training program chosenD. determine how costly the solution will beE. set up a diversity and synergy training plan to increase the chances of success
Answer:
The answer is implement and evaluate the training program chosen.
Explanation:
Since Jose has already undergone most of the problem-solving steps in determining the right solution for the problem at hand, he just needs to proceed to final step of the process – implementing the identified solution and evaluating the chosen solution. By doing this, Jose can see whether he made the right choice or not by choosing said training program – and in the future, decide if he will use this program again or not.
Natalie operates on a pretty tight budget. she is a price-conscious shopper and usually buys store or generic brands to save money. recently, however, natalie was given a pretty substantial raise. as such, she has altered her shopping patterns and now regularly buys more expensive, name-brand goods. this is an example of
Answer:
The income effect
Explanation:
Answer:
Income effect is the correct answer.
Explanation:
The income effect means that the change in demand for a good or service which is caused by the change in a consumer's purchasing power resulting from the change in real income. The change can be due to a rise in the wage or due to freeing the income due to a decrease in the price of the goods. This effect also tells how the change in the price of goods will cause a change in its demand accordingly. The income effect is part of the consumer choice theory. It expresses the impact of change in income and relative market prices on the consumption pattern of goods and services.
Which town changed its name in 2005 to get free tv?
Answer:
DISH
Explanation:
The two-member town council of Clark, Texas, approved a deal to rename the town DISH after EchoStar Communication Corp.'s satellite TV system in 2005.
Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? A. Strikes B. Collective bargaining C. Lobbying D. Lockouts
Answer: lobbying
Explanation: apex
Final answer:
Labor unions have utilized collective bargaining and lobbying as primary methods to win the passage of favorable laws, such as shorter work weeks and the establishment of a minimum wage. Strikes are a tool for pressuring employers but lobbying and collective bargaining are more directly involved in lawmaking processes. Lockouts are generally an employer's method, not a union's strategy.
Explanation:
Labor unions have effectively used several methods to influence the passage of laws that benefit workers, including shorter work weeks and the establishment of a minimum wage. Among these methods, collective bargaining and lobbying stand out. Collective bargaining involves negotiations between the labor union and employers to reach mutually agreeable terms concerning wages, working hours, and other conditions of employment. When collective bargaining achieves its goal, it can lead to better terms without the need for further action. On the other hand, lobbying refers to the activity of attempting to influence decisions made by officials in the government, most often legislators or members of regulatory agencies. Labor unions engage in lobbying efforts to advocate for the passage of laws that favor workers' rights and conditions.
While strikes are also a well-known tool employed by unions to pressure employers into negotiations, lobbying and collective bargaining are more directly related to the process of enacting favorable laws. Lockouts are not typically a method used by labor unions but rather by employers as a counteraction during labor disputes. Therefore, the correct answer is: C. Lobbying.
Because the demand for wheat tends to be inelastic. True or False
Answer:
true
Explanation:
i just need points the answer may be wrong
When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the economy.B. transfer dollars, and therefore purchasing power, into the future.C. measure the value of goods and services in the economy.D. trade money for goods and services in the economy.
Answer:
The answer is (B) transfer dollars, and therefore purchasing power, into the future.
Explanation:
A store of value is best described as a function contained in an asset that allows it to be saved, retrieved, and traded in the future. Money provides this function, alongside other forms of assets such as bonds, gemstones, and precious metals. Other functions of money, include as a medium of exchange and a unit of account.
Which one of the following is a major disadvantage of a corporation?Entry field with correct answerLimited liability of stockholdersTransferable ownership rightsLimited lifeAdditional taxes
The mayor of Coast Town has determined that the best way to pay for the construction of a new library is to charge all residents and non-residents a fee for visiting Coast Town's well-regarded beach. The mayor reasons that at current levels of visitation, the revenue generated from the beach visitation fee will pay for the new library within three years.
Which of the following pieces of information would be most useful in evaluating the mayor’s conclusion?
A) The manner in which other towns in the state have funded the construction of their libraries.
B) Whether visitors to Coast Town's beach will reduce the frequency of their visits in response to the fee.
C) How many people visited Coast Town's beach last year.
D) How many other beaches lie within convenient driving distance from Coast Town.
E) The average level of household income of residents in Coast Town.
Who must make the determination to cancel an invitation for bids after bid opening?a.Contracting officerb.Chief of the contracting officec.Head of the contracting activityd.Agency head
Answer:
c.Head of the contracting activity
Explanation:
The Owen’s Company budgeted sales of 45,000 printers at $95 per unit last year. Variable manufacturing costs were budgeted at $42 per unit, and fixed manufacturing costs at $10 per unit. A special order for 1,500 printers at $75 each was received by Owens in April. There is enough plant capacity to meet these additional units; however, the production would have to be done on an overtime basis at an estimated additional cost of $7 per printer. Acceptance of the special order would not affect Owen’s normal sales and no selling expenses would be incurred. What would be the increase (or decrease) to net operating income if the special order were accepted
Final answer:
Acceptance of the special order for 1,500 printers would result in an increase of $39,000 to Owen's Company's net operating income, after accounting for additional overtime costs.
Explanation:
To determine the impact on net operating income if the special order is accepted, we need to calculate the additional profits from the special order. We know the special unit sale price is $75, and we need to account for the variable costs and the additional overtime cost per unit. The variable cost of production for the printers is $42 per unit, and the overtime cost is $7 per printer, totaling $49 in variable costs. We then multiply the amount above the variable and overtime costs by the quantity of the special order to find the total contribution to the operating income.
Special Order Contribution Calculation:
Therefore, accepting the special order would increase Owen's Company's net operating income by $39,000.
How supply and demand work together to reach the equilibrium price in the marketplace? Please give at least a paragraph. Thank you!
Answer
Before I answer this question, you must note that the equilibrium price is created by both the amount supplied of a certain product as well as how much "customers" there are (or the amount that is bought in all). This however, is usually not taking account any potential competitors.
For example, let say that the price in creating the product (or buying) is $15. This means that right now, the company loses $15 for one of the products. To make a profit, the selling price must be >$15. However, (unless they are a monopoly, such as, for example, electrical companies) there are competitors that they must fight with to get customers. Of course, there are other things that can affect the price, depending on the demographic and area.
So how does supply and demand affect the equilibrium price? The limits of the supply & the amount of demand would help determine the price by the amount of people buying and the supply of the product.
~
Answer/Explanation
Supply and demand is one of the most basic and fundamental concepts of ... the most basic and fundamental concepts of economics and of a market economy. ... then become too expensive, demand will go down at that price and the price ... These are examples of how the law of supply and demand works in the real world.
How many european union countries use the euro as their official currency?
Answer:
19
Explanation:
The euro is the sole currency of 19 EU member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Which of the following controls most likely would help ensure that all credit sales transactions of an entity are recorded? A. The accounting department supervisor independently reconciles the accounts receivable subsidiary ledger to the accounts receivable control account monthly. B. The accounting department supervisor controls the mailing of monthly statements to customers and investigates any differences they report. C. The billing department supervisor matches prenumbered shipping documents with entries in the sales journal. D. The billing department supervisor sends copies of approved sales orders to the credit department for comparison to authorized credit limits and current customer account balances.
Final answer:
Option C, which involves matching prenumbered shipping documents with sales journal entries, is the most effective control to ensure the recording of all credit sales transactions.
Explanation:
The student is asking about the internal control procedures relevant to the recording of credit sales transactions for an entity. Among the options provided, C. 'The billing department supervisor matches prenumbered shipping documents with entries in the sales journal is the control that would help ensure that all credit sales transactions are recorded'. This matching process is vital for verifying that each shipment, and consequently every credit sale, has a corresponding entry in the sales journal. The usage of prenumbered documents aids in maintaining sequential control and helps in preventing missed or duplicated entries, thereby ensuring completeness in the recording of transactions.
The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.
Your question asks what the goal of an economist who makes new theories is.
Answer: C). contribute to an understanding of how the world worksThe reason why answer choice " c. contribute to an understanding of how the world works" is the correct answer because this is specifically the goal of an economist who makes new theories.
What an economist does is study economics. They pretty much study the way goods are distributed around the world, traded, etc.
Economists would need to understand how the world works in order to make theories, due to the fact that their theories are based upon what's going on in the world. If an economists doesn't know what's going on in the world, then their theories would be unreliable, and probably would not be on topic with what's going on in "modern-day" economics.
I hope this helps!Best regards, MasterInvestorDespite recent pressure from stockholders to increase profits, World Extraction Corp., a global petroleum organization, has maintained a practice of consistently acting ethically by being a good global corporate citizen, taking host-country and global standards into consideration when making decisions, and obeying the laws of host countries as well as international law. World Extraction Corp. provides an example of a company acting in a socially responsible way.
True
False
Answer:
The answer is True.
Explanation:
From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.
A__________is designed to reduce the cost of transporting materials while maintaining safe and reliable delivery.marketing information systempersonnel information systemSelectmanufacturing information systemlogistics information system
Answer:
The answer is logistics information system.
Explanation:
Logistics is defined as the process of delivering goods from point of origin to point of consumption through various transportation methods. Logistics management can be very complex, depending on the type of product that the company manufactures or distributes. Because in executing a logistical operation, one requires coordination with multiple parties, a logistics information system would be beneficial in ensuring that the process is done in the most efficient and effective manner .
A logistics information system reduces transportation costs while ensuring safe and reliable delivery. It facilitates global economic connections, transports information-based products effectively, and aids in making decisions regarding supply and demand in the market system. It is integral in the age of globalization and trade agreements.
Explanation:A logistics information system is designed to reduce the cost of transporting materials while maintaining safe and reliable delivery. In the era of globalization, this system aids in managing long-distance economic connections of production and sales effectively. Products and services that take the form of information such as computer software, blueprints, and entertainment content can be transported over telecommunication networks more efficiently and cheaply. Furthermore, logistics information systems aid in managing improvements in shipping and air cargo, thereby reducing transportation costs.
The market system as an efficient mechanism also plays a pivotal role in providing necessary information about the relative scarcities of goods, services, labor, and financial capital, thereby facilitating decision-making in supply and demand. Global agreements also encourage trade and the logistics information systems to help navigate these international connections.
Learn more about Logistics Information System here:https://brainly.com/question/33410074
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Prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a review of insurance policies and payments shows that $900 of unexpired insurance remains at year-end
Answer:
Insurance expense for the year = $4,700 - $900 = $3,800 Journal...
Michigan co. is currently paying a dividend of $2.00 per share. the dividends are expected to grow at 20% per year for the next four years and then grow 6% per year thereafter. calculate the expected dividend in year 5.
Answer:
Explanation:
do .20*4
then Multiply by .6
Then Multiply by 5
Hope it helps
To calculate the expected dividend in year 5 for Michigan Co., we first calculate the dividends for years 1-4 using a 20% growth rate and then apply a 6% growth rate to the year 4 dividend to arrive at an expected year 5 dividend of $4.40 per share.
The question asks to calculate the expected dividend in year 5 for Michigan Co., which is currently paying a dividend of $2.00 per share with an expected growth rate of 20% per year for the next four years, followed by a 6% growth rate thereafter. To find the expected dividend in year 5, we first calculate the dividends for the first four years using the 20% growth rate and then apply the 6% growth rate for the fifth year.
Year 1: $2.00 * (1 + 20%) = $2.40Year 2: $2.40 * (1 + 20%) = $2.88Year 3: $2.88 * (1 + 20%) = $3.46Year 4: $3.46 * (1 + 20%) = $4.15Year 5: $4.15 * (1 + 6%) = $4.40Therefore, the expected dividend for Michigan Co. in year 5 is $4.40 per share.
Can someone plz help me with this
Answer:
These questions are personal and about beliefs, personality and other information that no one on this site but you know, therefore no one can answer these questions.
Explanation:
Penny works in the telephone sales department of the Energy Efficient Window Company. She uses a random digit dialing technique to contact potential customers. Once she has a potential customer on the phone, she invites them to complete a brief survey about energy efficient windows. For example, she asks consumers: “Do you agree that replacing your old windows with an energy efficient window system could reduce your monthly heating/cooling bill?” At the end of the survey, Penny says, “It sounds like you could benefit from a new set of energy efficient windows. I can tell you about some exciting discounts that we're currently offering through our company. If not now, when would be a good time to call back?” This is a good example of:
Answer:
The answer is sugging.
Explanation:
Sugging is defined as a method of selling through pretending that you are engaging with a potential customer for the purpose of a market research. In many places, sugging is considered as an unethical practice, and will give a company a bad reputation if they choose to engage in it. The example in the question perfectly illustrates a form of sugging.
Drag the tiles to the correct boxes to complete the pairs.Match the specifications to the criteria that the bank looks into before providing credit to the business
Explanation:
The banks or financial institutions provide loans to people or companies in order to make them grow in their respective areas of interests. There are many specifications of business credit are given in the question and it is asked to match each specification with the appropriate criteria. So here is the match:
Collateral:
Property or other assets that the borrower offers to the lender as a way of guarantee.
Character:
The owner's commitment towards the business and his personal resume.
Credit History:
A record of a company's ability to pay debts in the past.
Cash Flows:
Money coming in and going out of the business in an accounting year.