Answer:
Creation stage
Explanation:
sophie works as a superior in the bakery at pick and pay. what level of management is she?
A. Middle manager
B. Top manager
C. Intermediate manager
D. First-line manager
Answer:
First-line manager.
Explanation:
Because Sophie is a "superior" instead of being called a "Restaurant Manager" or "Owner" she would be considered front-line.
Karl Schwartz had total travel expenses of $643. His transportation cost $290, lodging cost $198, and additional costs were $80. If dinner cost twice as much as lunch, how much was his lunch?
A
$10
B
$20
C
$25
D
$50
Karl Schwartz's lunch cost $25
Karl Schwartz total travel expenses comprises of transportation cost, lodging cost, dinner cost, lunch and additional cost.
In order to determine the cost of lunch, the first step is to determine the total cost of dinner and lunch.
Cost of lunch and dinner = total travelling expenses - sum of costs
$643 - ($290 + $198 +$80)
$643 - $568
Cost of lunch and dinner = $75
Let x represent the cost of lunch
cost of dinner = 2x
2x +x = 75
3x = 75
x = $25
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what are the opportunities of branding
Answer:
but llke giveaways clothes vehicles emails and presentation materials
Explanation:
im sry if im wrong
Q10. The financing of long-term assets should be made from:
A) debt funds
B) equity funds
C) long-term funds
D) Short-term funds
The financing of long-term assets should be made from long-term funds. Thus option A is correct.
What is financing?Providing capital for investments, sales, or business endeavors is the activity of lending. Financial organizations like banks are engaged in the profession of lending money to individuals, organizations, and investors so they can fulfill their objectives.
Long-term financing includes any equity assets with a duration of further than 12 months, as well as formal and informal common stock. Major facilities like buildings as well as equipment are frequently purchased using long-term finance, and these assets frequently act as collateral for loans.
Long-term indebtedness is a typical source of funding for firms notwithstanding some hazards. Therefore, option A is the correct option.
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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Tastee Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Tastee make
Answer: See explanation
Explanation:
First, we need to calculate the service charge expense which will be:
= 3% × $200
= 0.03 × $200.
= $6
Therefore, the entry that Tastee should make will be:
Debit: Cash $194
Debit: Service charge expense $6
Credit: Sales revenue $200
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Question 10 of 10
Adjusting entries are recorded __ of an accounting period
A. in the beginning
B. on the third day
C. in the first week
D. at the end
of an accounting period.
SUBMIT
Adjusting entries are recorded at the end of an accounting period.
Adjusting entries are made on top of an accounting duration to properly account for earnings and fees no longer yet recorded to your well-known ledger and have to be completed previous to remaining the accounting period. Adjustment intervals are additional periods that might be related to everyday durations from the source. An adjustment period refers to any accounting length installation to modify balances previous to the final length of the twelve months.
Adjusting entries are made on the giving up of the accounting duration to record all sales and expenses that have now not been recorded but belong within the modern-day period. They update the stability sheet and profits statement bills at the end of the accounting length. Adjusting magazine access is usually made at the end of an accounting duration to understand earnings or fees within the length that its miles incurred. it's far a result of accrual accounting and follows the matching and sales reputation concepts.
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Annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6% per year. Estimate the oil production in 2000. Use the exponential growth formula.
If the annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6% per year, then oil production in the year 2000 is 2,038 million.
How to find?Given that initial production is 550 million and the rate of growth is 7.6% per year.
The exponential growth formula is A= A₀(1+rt)
where Ais the final value,
A₀ is the initial value,
r is the rate of growth and
t is the time in years.
Here A₀= 550
Then the number of years is
t= 2000-1980
= 20 years
Rate of growth is-
r= 7.6/100= 0.076%
Substitute all the values into the equation exponential growth and solve for A.
A= 550( 1+ 0.076)²⁰
= 550(1.076)²⁰
= 550. 4.327583204
= 2,380 million.
Therefore the oil production in the year 2000 is 2,380 million.
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Answer:
2,380 millionExplanation:
Using the A = p (1 + r ) ^t:-
→ P = 550 million
→ R = 7.6% or 7.6/100 = 0.076
→ t = 2000 - 1980 = 20
\(\mathrm{A = 550(1+ 0.076) ^{20}}\)\(\mathrm{A = 550(1.076) ^{20}}\)\(\mathrm{A = 2380}\)Therefore, the oil production in 2000 would be around 2,380 million.
_________________________
Hope this helps!
An electronics store wants to clear the warehouse of all television models
that producers are updating. It decides to begin offering a sale price of 40%
off. What is the sale price in dollars for a model with a list price of $1,000?
A. $400
B. $40
C. $600
D. $1,400
Answer:
$600
Explanation:
just took the test
$600 is the sale price in dollars for a model with a list price of $1,000.
What is a list price?The list cost of a good, sometimes referred to as the big manufacturers retail price, advised pricing, or proposed wholesale price, is the amount that the producer theoretically advises that a retailer sell it for.
The pricing is the advertised price at which a product is made available for purchase throughout a single segment, such as a display, a retail store, a lending library, or a web for a retailer, wholesaler, or importer.
A sale price of 40% off.
This suggests that the proc that will be applied will be 100 - 40 = 60
a list price of $1,000 is given
Therefore the price will be at 1000 * 60%
= $600
The merchant or shopkeeper determines the list price or MSRP in response to shifts in the regional marketplaces.
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Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
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James often feels underappreciated at work and feels as though his quality of
work on projects is unrecognized.
HOW CAN THIS PROBLEM BE SOLVED ?
James should solicit feedback, Inform your management, Be accountable for your contributions, and Let them know how much you appreciate them.
What does your job best for recognizing and appreciating you?They will feel most valued when you provide your staff members with a sense of purpose, success, and community.
Tell them exactly how they contribute and how they fit into the bigger picture of your firm, in addition to how they interact with their teams and the more significant business.
Verify your own worth, Exercise before work, change your attitude, and concentrate on minor victories.
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State eight sources of companies capital
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
questions
Online Content: Site 1
Why might it be easier to open an account with a bank than a credit union?
Macroeconomics is best defined as the study of
how people make decisions about operating businesses.
the overall operation of the national and global economy.
how the government makes decisions about regulating businesses.
how scarce resources are used by households and businesses.
the study of the interaction of supply and demand.
2.
Mike asked Rachael to go to the beach with him. Rachael knew she should stay home and study for her Macroeconomics exam but felt she could spend some time doing both. In the past, she had always studied about five hours for her exams but today she studied for only two hours. Her normal grade of an A fell to a B. What was the opportunity cost of going to the beach?
The B she received on the exam.
The 2 hours she studied.
The 3 hours she spent at the beach.
The 3 hours she could have spent studying.
The 5 hours she spent at the beach.
3.
When two variables have an inverse relationship, then
if A increases, B increases.
if B increases, A is unchanged.
if A increases, B is unchanged.
the slope of the graph is positive.
the slope of the graph is negative.
4.
When two variables have a direct relationship, then
if A decreases, B increases.
if B decreases, A is unchanged.
if A increases, B is decreases.
the slope of the graph is positive.
the slope of the graph is negative.
5.
The production possibilities curve
graphically illustrates the concept of absolute advantage.
graphically illustrates the concept of scarcity.
allows us to see the concept of absolute advantage.
shows the opportunity cost between all goods and services in an economy.
shows the relationship between absolute and comparative advantage.
6.
A production possibilities curve that is concave or bowed out from the origin represents
increasing opportunity cost.
decreasing opportunity cost.
constant opportunity cost.
zero opportunity cost.
static opportunity cost.
Answer:
1. the overall operation of the national and global economy.
2. The B she received on the exam.
3. the slope of the graph is negative.
4. the slope of the graph is positive.
5. graphically illustrates the concept of scarcity.
6. increasing opportunity cost.
Explanation:
1. Macroeconomics is best defined as the study of the overall operation of the national and global economy.
Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. The opportunity cost of going to the beach is the "B" grade she received on the exam.
In Economics, opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Thus, the value of the opportunities lost (scoring an "A" grade) by going to the beach is the opportunity cost of her choice.
3. When two variables have an inverse relationship, then the slope of the graph is negative.
An inverse relationship can be defined as a relationship between two variables, in which an increase in the value of one variable leads to a decrease in the value of the other variable i.e as the value of one variable becomes large, the value of the other variable becomes small.
4. When two variables have a direct relationship, then the slope of the graph is positive.
A positive relationship or correlation can be defined as the relationship between two variables in which there exist a direct relationship between them i.e as one variable increases, the other increases and vice-versa.
5. The production possibilities curve graphically illustrates the concept of scarcity.
The production possibilities curve (PPC) is also known as the production possibilities frontier (PPF) and its a curve which illustrates the maximum (best) combinations of two products that can be produce in an economy if they both depend on these factors;
1. Technology is fixed.
2. Resources are fixed.
6. A production possibilities curve that is concave or bowed out from the origin represents increasing opportunity cost.
The production possibilities curve (PPC) is depicted graphically as an arc, by representing one good on the y-axis and the other on the x-axis.
The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $ 56,000 Sale of long-term investment $ 40,000 Dividends received on long-term investments $ 22,000 Paid off bonds payable $ 40,000 Depreciation expense $ 25,000 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be:
Answer:
($16,000)
Explanation:
STATEMENT OF CASH FLOWS PARTIAL (USING INDIRECT METHOD)
Cash Flow from Investing activities
Purchase of plant amd equipment -$56,000
Sale of long-term investment $40,000
Net cash Flow from Investing activities -$16,000
3. Jiro has £50 000 in a savings account. He intends to leave it there for the next 3
years and has a fixed annual interest rate of 3% per year. How much will his £50 000
be worth after 3 years?
Jiro', £50 000 in the savings account will be worth £54636.35 after 3 years.
What is a savings account?Savings accounts are deposit accounts that often pay more interest than checking accounts that do. Savings accounts place a cap on the number of specific transfers and withdrawals that can be made from the account throughout each cycle of monthly statements. Savings accounts are a secure place to save cash that you might need at a moment's notice. Almost any bank or credit union allows you to start one, frequently totally online and with little to no initial deposit. These accounts consistently pay the stated rate of interest, and while some have little fees, most do not.
Given,
Principle amount P = £50000
Rate of interest = 3% = 0.03
Time period T = 3 year
Total amount = P(1 + R)^T
Total amount = 50000(1 + 0.03)^3
= £54636.35
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If you have a choice to earn simple interest on $10,000 for three years at 8% or annually compounded interest at 7% for three years which one will pay more and by how much approximately?
a. Simple interest by $50.00
b. Compound interest by $22.97
c. Compound interest by $150.75
d. Compound interest by $150.00
e. None of the above.
Answer:
e. non of the above
Explanation:
we first find the simple interest
= p * r * t
= 10000*8%*3
= 2400
the future value
= 2400 + 10000
= 12400
we find the compound interest
= 10000*(1+r)^n
= 10000(1+7%)³
= 10000*1.225043
= 12250.43
we can see that it pays more at 12400 compared to compound interest of 12250.43
the difference = 12400 - 12250.43
= 149.57
therefore the answer is e
You have been appointed to lead an existing group. Your boss, who informed you of the assignment, made these comments: "These people have some real issues. They have been a problem for years. They stick together like family but never seem to get much work done." Which of these would best describe this group?
Answer:
This is a group that can be defined by its high cohesiviness and low performance norms.
Explanation:
In this case, the new leader must focus on solving this problem that already exists where team members have high cohesion, but who have a low performance with regard to compliance with internal rules and procedures.
The ideal in this case would be for the leader to review the set of company policies and standards and seek to establish new rules and procedures for living and working together.
Having a cohesive team is not a weakness for an organization, the ideal is to know how to exploit the potential of each member of that team, so that each one delivers to the company an effective job that contributes to the achievement of the objectives and organizational goals.
The manager can also invest in training, redesigning the layout of work and tasks, setting deadlines for completing activities, delivering warnings to ward off inappropriate behavior during working hours, etc.
What does feedback include?
Gary decides to start his own business. His next best alternative was to accept a job with a different company that would have paid him $60,000 per year. During its first year of operation, Gary's new business brings in $300,000 in total revenue at a total accounting cost of $230,000. What was Gary's economic profit during his first year in business?
Answer:
$10,000
I think
Explanation:
Explain to Alana why she might not want to accuse her boss just yet but instead explain why she is bringing home less pay than she thinks she should be.
Answer:
Alana, before jumping to the conclusion that your boss is intentionally underpaying you, it's important to investigate the situation and try to understand what might be causing the discrepancy in your pay. There could be several reasons why you are bringing home less pay than you think you should be.
For example, there may have been a mistake in calculating your pay, or there could be deductions such as taxes, social security, or health insurance that are reducing your take-home pay. Additionally, your boss may have made changes to your employment agreement, such as reducing your hours or changing your job responsibilities, which could have affected your pay.
Before accusing your boss of underpaying you, it's important to gather information and evidence to support your claim. You may want to review your pay stubs, employment agreement, and other documentation to ensure that there are no errors or discrepancies. If you do find an issue with your pay, it's best to approach your boss in a calm and professional manner and explain your concerns. By doing so, you can work together to resolve the issue and ensure that you are receiving the correct amount of pay.
In summary, it's important to approach the situation with an open mind and gather information before accusing your boss of wrongdoing. By explaining your concerns and working together, you can find a solution to the problem and ensure that you are receiving fair pay.
MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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Seeing a movie at a theatre would be considered a(n)_____ want.
O unlimited
economic
O noneconomic
limited
Answer:
non-economic
Explanation:
A want or demand is a manifestation of the desire to want pt to have the item or possession of the value of that product or service. The watching of a movie in the theatre or a mall is regarded as a noneconomic as it does not possess any economic value. As wants can be limited and unlimited, theatres are for the general public and operate for non-profit.Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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Small Business Management (1)
There are at least eight different pricing strategies for established goods and services. Explain FOUR (4) of those strategies and under what conditions a business owner should use them.
The four pricing strategies commonly used by businesses for established goods and services are Penetration Pricing, Skimming Pricing, Premium Pricing and Bundle Pricing.
Here are four pricing strategies commonly used by businesses for established goods and services, along with the conditions under which they can be applied:
Penetration Pricing: Penetration pricing involves setting a low initial price for a product or service to quickly capture market share. This strategy is typically used when a business wants to enter a competitive market or launch a new product. Skimming Pricing: Skimming pricing is the opposite of penetration pricing. It involves setting a high initial price for a product or service and gradually lowering it over time. This strategy is often employed for products with unique features or a competitive advantage. Premium Pricing: Premium pricing involves setting a higher price than competitors to position the product or service as exclusive or of higher quality. This strategy is commonly used when a business wants to create a perception of luxury, prestige, or uniqueness. Bundle Pricing: Bundle pricing involves packaging multiple products or services together and offering them at a discounted price compared to purchasing each item individually. This strategy encourages customers to buy more items by providing them with a perceived value or cost savings.For such more question on Penetration:
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AII Corporation is currently experiencing a bad debt ratio of 5%. John Jonathan is convinced that, with looser credit controls, this ratio will increase to 8%; however, he expects sales to increase by 15% as a result. The cost of goods sold is 75% of the selling price. Per $1,000 of current sales, what is John's expected profit under the proposed credit standards?
8
What are three advantages of corporations?
Answer:
Personal liability protection, business security and continuity
Question 3
the demographic characteristics of a population and its culture are called?
Acellus
Help Resources
If a corporation makes $20 million in one year,
after taxes are paid (at 35%), that company
will have a net income of
million
A $7
B. $10
C. $13
Answer:
A) 7 million
Explanation:
20 000 000 X 35÷100 = 7 million
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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