American express established a consulting program that sent expert teams of employees into nonprofits to solve organizational problems. this can be considered an example of
The answer is skill-based volunteering or volunteerism. It is a tactical type of volunteerism that allows professionals to make use of their skills to impact nonprofits to help make stronger their operation and services. Also it fosters cross-departmental cooperation and has been proven to improve a company’s performance.
The answer is "skill-based volunteering".
Skills-based volunteering implies utilizing the particular aptitudes and gifts of people to fortify the framework of charities, helping them assemble and support their ability to effectively accomplish their missions. The following are connections to articles that examine aptitudes based volunteering in more detail, and give instances of corporate SBV programs and their advantages for charitable associations, volunteers and organizations.
When mcdonald's offered madame alexander gifts in its happy meals, both companies profited from the _____ arrangement?
The answer is comarketing arrangement. It is a partnership between two or more companies where both companies cooperatively market each other's products. For example, a company who manufacturers video cards may partner with a game software company, and both companies will market each other's related product.
Internal controls are required to safeguard assets and to ensure ethical business practices. (1) identify and explain the reason for any two of the seven internal control procedures and (2) provide examples of how your two selected internal control procedures will meet the goal of safeguarding assets and promoting ethical business practices.
Unverferth manufacturing has been a manufacturer and supplier of innovative agricultural equipment since 1948. recently it began developing a new 12-row subsoiler, which prepares 10-inch-wide seed beds spaced 40 inches apart. before introducing the new tiller to the market, unverferth developed and tested nearly three dozen product prototypes. unverferth used ____ to produce the best possible tiller before introducing it to the market.
Jed's weekly budget for lunch is $24. he eats only pizza and burgers. each pizza costs $6 and each burger costs $3. jed knows that 2 pizzas and 4 burgers will give him a utility of 8. at his utility-maximizing point, jed's utility is:
The amount of profit that a company forgoes when it decides to drop a particular product line in favor of another one
The amount of profit that a company forgoes when it decides to drop a particular product line in favor of another one, this describes the opportunity cost.
Opportunity cost is defined as the benefit you could receive, but you chose another action. For example if you have $1000 and you have two choices, either to buy shares from x company or invest in another y company. If x company will give you 10% and y will give you 5% and you chose the x company for your benefit but however x company returns only 2% when you could have had 5% from the y company. So your opportunity cost is 5% - 2% = 3%
Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns merchandise worth $1,000 to cosmos company. on july 24 payment is received from cajon co. for the balance due. what is the amount of cash received?
The amount of cash received from Cajon Co. is $4,720 after considering the sales transaction, return, and discount terms.
The amount of cash received from Cajon Co. is $4,720.
To calculate this, first, we determine the net amount after the return by deducting the return amount ($1,000) from the original purchase amount ($6,000), which equals $5,000. Then we apply the discount terms 2/10, which means a 2% discount if paid within 10 days. Therefore, 2% of $5,000 is $100, making the balance due after the discount $4,900. Since the payment is received on July 24, within the discount period, the cash received would be $4,900.
Anthony and cathy jones have been married for twenty-seven years. they have always had a joint bank account, discuss big expenditures before making them, and share household duties. this jones family is an example of a/an ________ family.
Alexander was being interviewed for the position of an entry-level financial analyst at a well-known asset management company. alexander was asked questions about the current state of the u.s. stock market, the current net worth of certain financial firms, and concepts such as ipo, mergers, and leverage from a set of pre-determined questions that the interviewer had prepared. this is an example of a(n) _____.
The answer to this question is an example of a structured interview. A structured interview is also known as a standardized interview. This is an interview where in the interviewee interviews applicants using the same questions giving it in an exact order. In a structured interview, the employer is focused on finding the candidates skills that matched the criteria of the employer. Also in the structured interview most questions are based on how the candidate can deal with a situational question and most questions are behavioral questions.
Cathy uses, on her new recording drive by, the melody of a song written by earl, without earl's permission. this is
The cost of hardware, software, and telecommunications services needed to build a web site have ________ over the last decade.
On the day of the virginia primary election, umuc news club organized an exit poll at three polling stations were randomly selected and all voters were surveyed as they left those polling stations. this type of sampling is called:
If you were to invest $120 for two years, while earning 8% simple interest, what is the total amount of interest that you will earn?
Harris corporation produces a single product. last year, harris manufactured 27,970 units and sold 22,200 units. production costs for the year were as follows: fixed manufacturing overhead $335,640 variable manufacturing overhead $240,542 direct labor $131,459 direct materials $234,948 sales were $1,043,400, for the year, variable selling and administrative expenses were $113,220, and fixed selling and administrative expenses were $198,587. there was no beginning inventory. assume that direct labor is a variable cost. the contribution margin per unit would be: (do not round intermediate calculations.) $21.30 per unit $20.20 per unit $25.30 per unit $15.70 per unit
The Contribution Margin per unit (CM) can be calculated from the difference of Selling Price per unit (SP) and Total Expenses per unit (TE).
First, let’s calculate the value of SP:
SP = Sales / Units sold
SP = $1,043,400 / 22,200 units sold
SP = $47
Second, calculate all expenses:
Direct materials per unit = $234,948 / 27,970 units manufactured = $8.4
Direct labor per unit = $131,459 / 27,970 units manufactured = $4.7
Variable manufacturing overhead per unit = $240,542 / 27,970 units manufactured = $8.6
Variable selling expenses per unit = $113,220 / 22,200 units sold = $5.1
TE = $26.8
Therefore the CM is:
CM = SP – TE
CM = $47 - $26.8
CM = $20.2 per unit
A lessor is a party who acquires a right to the possession and use of goods under a lease.â
The answer is false, it must be a lessee. A lessor is a proprietor or the title holder of the leased asset or property. The lessor is also the creditor and secured party in case of capital leases and operating leases. While a lessee is a person who has a contract that allows the use of a car, house or etc., for a period of time in exchange for a payment.
Pharrell, inc., has sales of $593,000, costs of $265,000, depreciation expense of $67,000, interest expense of $34,000, and a tax rate of 35 percent. the firm paid out $40,000 in cash dividends. what is the addition to retained earnings? (do not round intermediate calculations and round your answer to the nearest whole number,
e.g., 32.)
The income statement begins with revenues and subtracts costs to arrive at Earnings before Interest and Taxes (EBIT).
We then subtract out interest to get taxable income, and then subtract taxes to arrive at net income. Doing so, we get:
Income statement
Sales $593000
Costs (265000)
Depreciation (67000)
--------------------------
EBIT $261000
Interest (34000)
--------------------------
Taxable income $227000
Taxes (35%) (79450)
--------------------------
Net income $147550
The dividends paid plus the addition to retained earnings must equal net income, so:
Net income = Dividends + Addition to retained earnings
$147550 = $40,000 + Addition to retained earnings
Addition to retained earnings = $147550– 40,000
Addition to retained earnings = $107550
Deviation from the required performance pertaining to a contract is said to be material when the deviation does not result in a substantial change in value of the contract.
What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?
The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:
Dividend = (Face Value) * (Interest rate)
Dividend = $50 per share * 0.08
Dividend = $4 per share (ANSWER)
If the unit sales price is $7 and variable costs are $3, how many units have to be sold to earn a profit of $3,600 if fixed costs equal $5,000
At rue's hunting emporium, a retail store, equipment required for hunting is sold. when a new or revised equipment is introduced, it advertises those products steadily throughout a planned period of time. this is an example of a _____
Referring to a keynesian phillips curve, a reduction in inflation is likely to cause: ____________. at least a slight increase in aggregate demand. a vertical phillips curve because aggregate supply remains fixed. unemployment to remain constant in the long run. at least a slight increase in unemployment.
The tendency of an organization to identify and capitalize successfully on opportunities to launch new ventures by entering new or established markets with new or existing goods or services is known as innovativeness. competitive aggressiveness. entrepreneurial orientation. opportunity analysis. bootlegging.
Which of the following is NOT a workplace right? Overtime pay for hourly workers who work more than 40 hours in one week equal pay for two people doing the same job with the same set of skills 12 weeks of paid leave for the birth of a child or illness children under 18 cannot work in hazardous conditions
Qs 22-2 allocating costs to departments lo p1 mervon company has two operating departments: mixing and bottling. mixing has 300 employees and occupies 22,000 square feet. bottling has 200 employees and occupies 18,000 square feet. indirect factory costs for the current period follow: administrative, $160,000; and maintenance, $200,000. administrative costs are allocated to operating departments based on the number of workers. determine the administrative costs allocated to each operating department.
At the beginning of january of the current year, little mikey's catering ledger reflected a normal balance of $53,000 for accounts receivable. during january, the company collected $15,000 from customers on account and provided additional services to customers on account totaling $12,600. additionally, during january one customer paid mikey $5,100 for services to be provided in the future. at the end of january, the balance in the accounts receivable account should be:
The ending balance in the accounts receivable account at the end of January is $80,500.
To calculate the ending balance in the accounts receivable account at the end of January, we need to consider the transactions that occurred during the month:
1. Beginning balance of accounts receivable: $53,000
2. Collections from customers on account: $15,000
3. Additional services provided to customers on account: $12,600
4. Payment from a customer for future services: $5,100
We can calculate the ending balance by summing up all the transactions:
Beginning balance + Collections - Payments + Additional services
= $53,000 + $15,000 - $5,100 + $12,600
= $53,000 + $15,000 + $12,600 - $5,100
= $80,500
Therefore, the ending balance in the accounts receivable account at the end of January is $80,500.
In an essay of at least two well-developed paragraphs, explain how making regular deposits in a savings account or buying shares of stock or bonds makes an impact on our economy.
Beatrix is planning a research study for her doctoral dissertation. as part of the study, she wants to measure normal aspects of personality in each of the participants, using a measure that is objective and precise. the best measure for beatrix to use would be the
Which type of fall is responsible for the highest percentage of overall deaths in construction
Answer:
The correct answer is: Fall from roofs.
Explanation:
According to the U.S. Bureau of Labor Statistics, falls from roofs represented 76% of fatalities in the construction industry in the year 2013. The study concludes that workers in the roofing industry are more prone to have more work-related injuries than in any other type of worker in the construction field.
What do we learn from the data in case exhibit 2? does the data provide additional valuable information? why or why not?
Calculate the future value of an investment of $2300, after 7 months, earning 6.6% apr, compounded monthly, by compounding manually. g