Answer:
B. Net realizable value.
Explanation:
Given that the net realizable value less normal profit margin is below the original cost.
Inventory is initially recognized at the cost however subsequent measurement requires that it be valued at the lower of cost or the net realizable value (NRV).
In other words Inventory will cannot be carried at a value higher than the NRV.
The right answer is B. Net realizable value.
Evaluating the industry's driving forces, as a whole, requires understanding their influence on the attractiveness of industry environment and:______________.
Answer:
B) generally are defined in ways that will strengthen or weaken market demand, competition, and industry profitability in future years.
Explanation:
When you evaluate the driving forces of an industry you must try to understand what causes changes at the industry level. The driving force of something is what gives that something energy and power. Therefore, when we look at a specific industry we must determine what forces are causing that industry to change. For example, green technologies (hybrids, electrical and nitrogen) are currently the driving forces of the automobile industry.
Driving forces materially impact the industry's future, since the current changes will become the industry's standard of the future. For example, in 2007 when the iPhone was introduced it changed the whole cellphone industry, but now all the cellphones are smartphones.
Final answer:
Evaluating industry driving forces involves understanding their impact on market competition and structure, which are influenced by supply and demand changes as well as market power among firms. Changes in technology, customer preferences, and regulations alter these dynamics, requiring careful analysis of competitive conditions.
Explanation:
Evaluating the industry's driving forces requires understanding their influence on the attractiveness of the industry environment and the marketplace competition. The market structure is a multidimensional concept that involves how competitive the industry is. It is defined by questions such as the amount of market power each firm in the industry possesses, the level of direct competition, barriers to entry, and the extent of product differentiation.
Factors such as changes in technology, customer preferences, and regulations, may affect the supply and demand, thereby altering production and cost conditions that each firm faces. Therefore, assessing the economic changes within the industry, one must decide if these changes affect supply or demand or both. These assessments are crucial in understanding the overall impact on market structure.
Additionally, evaluating the competitive conditions across industries is essential for measurements such as market concentration and the effects of potential mergers. Antitrust regulators have been refining their approach to better reflect the unique competitive conditions of different industries, moving away from broad assumptions.
Your boss asks you to email a spreadsheet that is similar to a checkbook register, since it reflects changes in the company's cash position last month. When sending the email, you MOST LIKELY will attach the file named ________.
Answer:
As per our research complete question is
Your boss asks you to email a spreadsheet that is similar to a checkbook register, since it reflects changes in the company's cash position last month. When sending the email, you MOST LIKELY will attach the file named ________
A) Operating_Budget
B) Income_Statement
C) Balance_Sheet
D) Statement_of_Cash_Flows
E) Capital_Budget
Explanation:
The correct answer is D) Statement_of_Cash_Flows .
A cash flow statement is the financial statement that represents the cash generated or used by a company in a given period. It is part of all annual reports issued by a company . This statement includes transaction that effects a company cashflows. Expenses and income accrued and provision expenses are not part of this statement.
Jim has $1,000 income from his job and $200 stock dividend income this month. This month Jim has rent and utilities of $300 and he spent $300 on groceries and $200 on clothing. What is his cash inflow this month?
A) $1,200
B) $400
C) $600
D) $500
Answer:
A) $1,200
Explanation:
The cash inflow is that amount which increases the cash balance i.e cash has come whereas cash outflow is that amount which decreases the cash balance
In the given situation, the cash inflow would be
= Income generated from his job + stock dividend income
= $1,000 + $200
= $1,200
And, the cash outflow would be rent & utilities and other types of expenses which decrease the cash balance as the cash is gone
When producers operate in a market characterized by negative externalities, a tax that forces them to internalize the externality will:
a. give sellers the incentive to account for the external effects of their actions.
b. increase demand.
c. increase the amount of the commodity exchanged in market equilibrium.
d. restrict the producers' ability to take the costs of the externality into account when deciding how much to supply.
Answer:
A) give sellers the incentive to account for the external effects of their actions.
Explanation:
The effect of levying a tax that represents the cost of the externality could lead to one of two outcomes:
Firms that are causing the externality add the cost of the externality in the final price of their products.Firms that are causing the externality attempt to reduce or eliminate the externality, so that prices remain the same, and competitiveness is not lost.For example, the most common example of an externality is pollution, therefore, the industrial sector operates in a market characterized by negative externalities. If the government levied a tax on factories accounting for the pollution they produce, these factores either would increase prices, or try to reduce pollution.
The text suggests marketing efforts should be guided by five sustainable marketing principles. In the video, Bert Jacobs, co-founder of Life is Good, discusses the company's commitment to improving children's lives; he says, "We look at clothing and t-shirts and anything that we make as a tool and a vehicle to accomplish something deeper and more meaningful in our lives." Which sustainable marketing principle is best represented by that statement?
Answer:
Sense-of-mission marketing
Explanation:
Sense-of-Mission Marketing is fundamentally a marketing principle that requires an institution to define its mission in such a way that it has a wider social context instead of simply being brand-oriented or product-related.
This idea has resulted in a new generation of progressive businessmen who are heavily trained business executives with a sense of personal responsibility and enthusiasm for a greater purpose.
A high home inflation rate relative to other countries would ____ the home country's current account balance, other things equal. A high growth in the home income level relative to other countries would ____ the home country's current account balance, other things equal.
Answer:
The correct answer is: decrease; decrease.
Explanation:
A high inflation rate in the home country as compared to other countries implies that the price level will be relatively higher. This will cause the export demand to decrease and import demand to increase as the foreign goods will be cheaper than the domestic goods.
This increase in imports and a decrease in exports will cause the current account balance to decrease.
An increase in income will cause the demand to increase. A shift in the demand curve will cause the price level to increase. An increase in the price level will decrease the current account balance as mentioned above.
A monopolistic competitive firm is currently charging a price of $10 and producing 12,000 units/month. It faces monthly fixed costs of $15,000 and has an average variable cost of $6/unit. In the long run, we would expect:
Answer:
either the selling price decreases or the total output decreases
Explanation:
The firm's income statement:
total sales revenue = $120,000
minus total variable costs = ($72,000)
minus total fixed costs = ($15,000)
net profit = $33,000
The long run equilibrium for a monopolistically competitive firm occurs when the firm is making no economic profit since it is charging a price = average total cost.
In this case the average total cost per unit = $6 per unit + ($15,000 / 12,000 units) = $7.25 per unit
Since the firm is currently charging a higher selling price than average total cost ($10 > $7.25), one or two things might happen in the long run:
selling price will decreaseoutput will decreaseDistributor packages and sells two types of products, A and B. The respective sales prices for the products are $10 and $5. The distributor has enough storage capacity for 1000 total products. Packaging for product A requires 2 hours and for the product B requires 5 hours. The packaging budget allows for only 5000 hours of labor for packaging. This linear program can be formulated as ___.
Answer:
Maximize 10A + 5B, such that, A >= 0, B >= 0, A + B <= 1000, 2A + 5B <= 5000
Explanation:
There are two aspects of the equation, one pertains to the storage capacity related to the Selling prices of A and B
The other one relates to the labor hours of A and B
An investor or portfolio manager that focuses on the fundamentals of a company including its balance sheet, income statement, and book value would be known as which of the following?
A) Technical Analyst
B) Portfolio Analyst
C) Fundamental Analyst
D) Strategic Analyst
Answer:
C) Fundamental Analyst
Explanation:
A fundamental analyst is concerned with the macroeconomic indicators such as the inflation rate, interest rate, and consumption level that affect a company's and industry's performances. At the company level, fundamental analysis entails the examination of a company's historical earnings trends, financial data, management concept, and competitors' performance.
Fundamental analysts gather information from a company's financial statements and other relevant sources. The purpose of fundamental analysis is to help investors decide whether to invest in a company or not.
The correct answer is C. An investor or portfolio manager that focuses on the fundamentals of a company including its balance sheet, income statement, and book value would be known as Fundamental Analyst.
A Fundamental Analyst is an investor or portfolio manager who focuses on analyzing a company's financial statements, including the balance sheet, income statement, and cash flow statement, to determine the intrinsic value of a company's shares. They look at a variety of metrics such as earnings per share (EPS), price-to-earnings (P/E) ratios, return on equity (ROE), and the company's book value, among others, to assess the company's financial health and potential for future growth.
In contrast, a Technical Analyst (Option A) primarily studies price movements, charts, and various statistical figures to identify patterns that can suggest future market movements. They do not focus on the intrinsic value of the company but rather on the trading signals generated by market activity.
A Portfolio Analyst (Option B) might analyze the composition and performance of an investment portfolio, ensuring that it aligns with the investor's goals and risk tolerance, but this term is not as specifically tied to the analysis of a company's financials as the term Fundamental Analyst.
Lastly, a Strategic Analyst (Option D) might be involved in analyzing broader strategic issues for a company, such as market positioning, competitive landscape, and long-term planning, rather than focusing solely on the financial metrics of a company for investment purposes.
in what way are electronic communications sometimes different from other business communications?
They are more formal
They are more casual
They are longer
They are more professional
Electronic communications sometimes different from other business communications in a sense that they're more casual.
Answer: Option 2
Explanation:
Electronics communication as the name suggest is a mode of communication through electronic mediums such as e-mail, voice mail, messages, blogs and many more. Business communication on the other hand is an activity where knowledge is share between the people of various companies.
Electronic communications differ from business communications in a sense that they’re more casual. When employees or any other group of people interact via electronic medium, their engagement with other people is quite casual. Business communication on the other hand is quite professional and formal.
Electronic communications are sometimes different from other business communications because they are often more casual.
Electronic communications, such as emails, instant messages, and social media interactions, often carry a more casual tone compared to traditional business communications like formal letters or memos.
This informality stems from the nature of digital interactions, where speed and brevity are prioritized. In electronic communications, individuals may use abbreviations, emoticons, or informal language that would not typically be found in formal business documents.
Additionally, the instantaneous nature of electronic communications can lead to a more conversational style, with less emphasis on structure and formality.
While professionalism is still important in electronic communications, the informality allows for quicker exchanges and fosters a more relaxed atmosphere conducive to collaboration and relationship-building.
Esteban's job responsibilities were recently changed as part of a decentralization effort taking place at his place of employment. He is to decide when a file's status is to be altered, rather than only altering files at his supervisor's discretion. Esteban is pleased that his judgment is now utilized and valued by his employer. Esteban's job has been:______
a. encompassed.
b. enlarged.
c. expanded.
d. enriched.
e. explored.
Answer:
The correct answer is d. enriched.
Explanation:
The enrichment of tasks is a system that seeks to redesign jobs, increasing motivation and job satisfaction among workers. Therefore, the main objectives of the enrichment of the tasks are:
Increase the effectiveness of work organization. Provide jobs that are stimulating for the person.The advantages achieved by implementing this system in the organization of the company are:
Feeling of satisfaction and motivation among workers: it breaks with the monotony and / or repetitiveness of the work. Workers are given a greater capacity for autonomy and responsibility in the tasks they carry out: as responsibility increases, workers may be encouraged to participate more frequently in decision-making, as well as in the solution of technical or organizational problems (proposals and suggestions). Better use of workers' capacities: with the new distribution of tasks, synergies may arise during collaboration between departments or even within the same. Improvement of personal relationships at work: greater collaboration during the performance of different tasks leads to increased communication and dialogue among all, thus achieving a better working environment. Greater involvement of workers: it is necessary that individuals know their role within the organization, the importance of the task they perform, as well as the results of it. Simplification of company structures: by redesigning jobs and their functions, a simplification of the organizational pyramid is achieved, resulting in a horizontal structure or flat organization. This allows workers to make their own decisions that report to a single manager, there is no intermediate link that limits the innovative capacity of the worker.A bank pays "interest" (the rental price paid for use of the money) on savings accounts, CD’s and on some types of__________________..
Answer and Explanation:
Checking accounts.
Bank pays interest on savings account, certificate of deposits and checking accounts. These pay may vary but are paid by the bank to their client. Percent of interest is set by the central bank or the state bank of the country.
When one nation can produce a product at lower cost relative to another nation, it is said to have a(n) __________________ in producing that product.a. relative advantageb. absolute advantagec. economy of scaled. production efficiency
Answer:
absolute advantage
Explanation:
An absolute advantage is the ability of a company, country, business, or individual to produce similar quantities of goods or services using fewer inputs. A producer with an absolute advantage can manufacture a product using a lower cost, or more efficiently than competitors. It means they can avail the product to the market at a lower price than any other company or country.
Absolute advantage is the basis for international or regional trade. A firm or a country will specialize in producing products they can manufacture at a lower price and export them. Processing at a lower cost or efficiently gives a firm or country a big advantage in the market. Businesses prosper because they maximum in areas they have an absolute advantage.
The Browns have a real estate agreement with Sell Fast Real Estate Company. A couple makes a ridiculously low offer on their home, which is five-bedrooms, five-baths in Malibu. The offer is $200,000 less than the Browns' asking price.
Does the broker have to present the offer to the Browns, even if it is obviously going to be rejected and waste everyone's time?
a) No, if an offer is clearly not going to be accepted, the broker, acting in the seller's best interest, does not have to present the offer.
b) Yes, according to the regulations of the Real Estate Purchase Agreements in c) California, all offers received by the broker must be presented to the seller, no matter how out of line with expectations.
d) Yes, the agent, acting in the seller's best interest, must present the offer. In discussing the property with other prospective buyers, there is a record of an offer having been extended, making the property appear desirable.
e) None of the Above
Answer:
The Browns have a real estate agreement with Sell Fast Real Estate Company. A couple makes a ridiculously low offer on their home, which is five-bedrooms, five-baths in Malibu. The offer is $200,000 less than the Browns' asking price.
Does the broker have to present the offer to the Browns, even if it is obviously going to be rejected and waste everyone's time?
Yes, the agent, acting in the seller's best interest, must present the offer. In discussing the property with other prospective buyers, there is a record of an offer having been extended, making the property appear desirable.
Explanation:
Within the Renault Nissan alliance (Chapter 9 Mini Case), both Renault and Nissan have each formed ____________ strategic alliances at the business-unit level with other companies.
a. synergistic
b. vertical complementary
c. diversifying
d. horizontal complementary
Answer: (D) Horizontal complementary
Explanation:
The horizontal complementary is one of the type of business strategy alliances that are formed for increase the competition level in the marketing by producing the various types of product and new technologies in the market.
According to the question, the horizontal complementary strategy are basically refers to the partnership that link various types of organizational unit together with the other business units or companies.
Therefore, Option (D) is correct.
Jenna is searching for a job that suits her tastes about where to live. Mary is looking for a job that makes best use of her skills.
a. Jenna and Mary are both frictionally unemployed.
b. Jenna and Mary are both structurally unemployed.
c. Jenna is frictionally unemployed, and Mary is structurally unemployed.
d. Jenna is structurally unemployed, and Mary is frictionally unemployed.
Answer:
a. Jenna and Mary are both frictionally unemployed.
Explanation:
Frictional unemployment is short-term in nature and arises as workers search for their first jobs or are moving between jobs. An example of frictional unemployment is a fresh graduate searching for their first employment. Frictional unemployment is the natural unemployment in the economy. It is caused by factors that lead to economic under-performance.
Shifts in the economy cause structural unemployment. It occurs when the skills available are not suited for the current job openings. Jenna and Mary have not been affected by changes in the economy. Their unemployment is natural and temporally.
What monatization model requires a massive user base to generate significant revenues?
Answer:
Advertising
Explanation:
Advertising is a great monetization model as one can make lots of money from placing adverts on your apps or website. However, to make significant revenues from advertising, it is expected that many users of your app or visitors to your website click these ads. Thus, it is required that one must have a massive user base to be able to make substantial revenue from advertising.
Firms will be willing and able to produce more output only when prices rise because the______cost of production is rising.
Answer: Opportunity cost
Explanation: Firms would be very willing to produce goods with rising prices because the opportunity cost of production would also rise with the price.
The opportunity cost of production is the cost of producing a product as against other products, or what a company stands to gain when it produces a particular product instead of other products.
Therefore an increase in price of a product means that it would be very profitable to produce that product.
Neither an easement appurtenant nor an easement in gross can ever be transferred separately from the dominant estate.
Answer:
False
Explanation:
An appurtenant easement gives the right to use adjoining property for a specific purpose, and it is transferred to the following owner of the dominant estate automatically.
An easement in gross gives a third party a right to use another person's land. The easement in gross is valid until the owner or the land dies or the owner of the easement dies. An easement in gross can be apportioned to others by the owner of the land, therefore it can be transferred.
The __________ is the one statewide elected executive office that is not constitutionally mandated.
Answer:
Commissioner of Agriculture
Explanation:
It was created by statue in 1907, and the candidates of the commissioner of AG must be practicing farmer.
Among other tasks, regulates the use of pesticides in agriculture and ensures their proper use.
In general, the basis of property to a corporation in a transfer that qualifies as a nontaxable exchange under § 351 is the basis in the hands of the transferor shareholder decreased by the amount of any gain recognized on the transfer.
True / False.
Answer
False
the basis of property to a corporation in a transfer that qualifies as a nontaxable exchange under § 351 is not the basis in the hands of the transferor shareholder decreased by the amount of any gain recognized on the transfer.
A major reason for the end of the Great Depression was an increase in government spending 1. for Social Security 2. for space exploration 3. for environmental protection 4. associated with the war effort
Answer:
4. Associated with the war effort
Explanation:
Economists and historians hold the view that the beginning of World War II in 1939 was a major event that ended the Great Depression. This is as a result of the Government's spending on the preparation forward at the very least accelerated the recovery from the depression.
For instance, it is believed that policies such as the rearmament policies helped to stimulate Europe's economy by reducing unemployment between 1937 and 1939 and the start of the war brought an end to the unemployment siege that was prevalent during the Depression
The reduction in the unemployment rate as a result of spending on the war was also witnessed in the United States as historians and economists believed that US' entry into the war n 1941 drastically reduced the rate of unemployment to below 10%.
What exactly was this spending associated with war efforts, the government in preparation for the war started enacting policies that established numerous contracts on arms and equipment with many private contractors and businessmen and these companies needed to employ people and also commit to these contracts to secure their gains and these were very key in ending the Great Depression.
In a placer deposit, gold settles out first when the stream current slows down because _____
Answer:
gold is denser than any other mineral
Explanation:
a placer deposit is an accumulation of valuable minerals formed by gravity separation from a specific source rock during sedimentary process .
minerals that form a placer deposit have high specific gravity and are chemical resistant and weathering. these minerals include gold, platinum, chromium, native copper, zircon, monazite, cassiterite, magnetite, ilmenite, and various gemstones.
A fast-food restaurant serves the student community within a university campus. The restaurant newly introduces pocket-friendly combo meals in its menu. The meals become so popular that the rest of the items on the menu are rarely ordered. Which of the following is being exemplified in this scenario.
Answer:
These are the options for the question:
A. Segmentation
B. Cannibalization
C. Market penetration
D. Product bundling
And this is the correct answer:
B) Cannibalization
Explanation:
Cannibalization occurs when a newly introduced product reduces the market share of previous products.
In this case, the pocket-friendly combo meals have effectively made the rest of the menu unattractive to customers, it has cannibalized the other meals.
This effect is refer to as cannibalization, because as the original meaning refers to a hostile act withing the same species, in marketing, this effect occurs among products within the same company.
On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $15,000; Accounts Receivable, $12,300; Supplies, $3,100; Land, $35,000; Accounts Payable, $8,700. What is the amount of owner's equity (John Wong’s capital) as of July 1 of the current year?
1. $65,400
2. $43,700
3. $32,100
4. $56,700
Answer:
4. $56,700
Explanation:
The accounting equation is:
Assets = Owner's Equity + Liabilities so,
if we want to know the owner's equity (OE), the formula should be
OE= Assets - Liabilitieslet's see the assets of the company:
Cash: $15,000; Accounts Receivable, $12,300;Supplies, $3,100;Land, $35,000Total Assets = $15,000+$12,300+$3,100+$35,000= $65,400
And the only liabilitie for the company is : Accounts Payable: $8,700
so, OE= $65,400 - $8,700 = $56,700
The amount of owner's equity for John Wong, DVM, is calculated using the accounting equation, resulting in $56,700 by subtracting liabilities from the total assets.
Explanation:To calculate the amount of owner's equity (John Wong’s capital) as of July 1 of the current year, we need to apply the accounting equation: Assets = Liabilities + Owner's Equity. For John Wong, DVM, the assets and liabilities are given as follows:
Cash: $15,000Accounts Receivable: $12,300Supplies: $3,100Land: $35,000Accounts Payable (Liability): $8,700Adding up all assets (Cash + Accounts Receivable + Supplies + Land) gives us a total of $65,400. We then subtract the total liabilities (Accounts Payable) from the total assets to find the owner's equity.
To summarize the calculation:
Total Assets = $65,400Total Liabilities = $8,700Owner's Equity = Total Assets - Total LiabilitiesOwner's Equity = $65,400 - $8,700Owner's Equity = $56,700Therefore, the amount of owner's equity is $56,700, which corresponds to option 4.
A barn with an adjusted basis of $125,000 was destroyed by a tornado on March 5, 2018. On May 15, 2018, the insurance company paid the owner $150,000. The owner reinvested $170,000 in another barn. What is the basis of the new barn if non-recognition of gain from an involuntary conversion is elected?
Answer:
$145,000
Explanation:
Data provided in the question:
Adjusted basis of the barn = $125,000
Amount paid by the insurance company = $150,000
Amount reinvested in another barn = $170,000
Now,
Basis of the new barn
= Adjusted Basis of old barn + Additional amount spend on new barn in excess of amount paid by insurance company
= $125,000 + [ $170,000 - $150,000 ]
= $125,000 + $20,000
= $145,000
Revenues and intangible benefits such as referrals and feedback a consumer brings to the seller over an average period of their relationship, less the amount the company must spend to acquire, market to, and service the customer is known as the _____.
Answer:
Customer Lifetime Value (CLV)
Explanation:
A customer's lifetime value, or Customer Lifetime Value (CLV), is the total amount of money that a customer is expected to spend during their lifetime on your business or on your products.
It is a prominent figure to understand because it helps you decide how much money to invest in the acquisition of new customers and the retention of existing products.
Appropriate use of the finite multiplier formula will______ when performing research on small populations.
a. reduce the sample but increase the cost.
b. reduce the calculated sample size and save money.
c. increase the calculated sample size and save money.
d. reduce the overall cost of the research.
Answer:
The correct answer is B
Explanation:
Appropriate use of the finite multiplier formula will reduce the calculated sample size and save money when performing research on small populations.
GOOD LUCK
The real wages of workers will tend to be high when
Answer:
When labor productivity is high.
Explanation:
According to neoclassical economic theory, real wages are equal to the marginal product of labor (MLP). The marginal product of labor is the extra output produced by one extra unit of labor (one extra worker).
If the MPL is high, this means that workers are very productive, and therefore, are paid a high real wage accordingly.
This is why countries with high labor productivity like the U.S. or Switzerland also have very high real wages.
People with the ______ style of decision making are action-oriented and like to focus on facts. They also tend to be autocratic-type managers.
Answer:
analytical style of decision making
Explanation:
Analytical judgment-making refers to a strategy that only renders important company determinations with strong verifiable information in the side by a member or supervisor.
This approach compares with much more passive forms of leadership whereby managers use instinct or judgment to make certain choices. Although pragmatic executives profit from a systematic, measured approach, there are some disadvantages to this style as well.
Thus, from the above we can conclude that the given statement depicts analytical style.
Answer:
Directive
Explanation:
Reason: This statement refers to people with a directive approach to decision making. The behavioral decision-making style is the most people oriented of all the styles. It focuses on social interaction, support, and warmth when dealing with people.