Beginning inventory plus the cost of goods purchased equals? A. cost of goods sold
B. cost of goods available for sale
C. net purchases
D. total goods purchased
Answers
Beginning inventory plus the cost of goods purchased equals the Cost of Goods Sold.
Inventory plus is a term used in accounting and business to refer to the value of a company's inventory, plus any additional costs associated with acquiring and storing the inventory. This includes the cost of purchasing the inventory, any costs related to storing the inventory such as rent and utilities, and any other additional costs associated with acquiring and maintaining the inventory. Inventory plus is important to consider when evaluating the profitability of a business as it allows businesses to accurately measure the cost of their inventory and determine if it is worth keeping on hand. It can also help businesses determine the best way to manage their inventory, such as when to order more inventory and when to reduce inventory levels. Inventory plus is also useful in forecasting future sales, as it can help businesses to better estimate the cost of goods they will need in the future.
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Related Questions
Which of the following types of work would a company be most likely to preform through outsourcing?
A) Long- term work that requires close supervision
B) A consistent, predictable amount of work
C) Important tasks that the company wants control over
D) Specialized work that doesn’t require much supervision
Answers
Answer:
The answer is D.
Explanation:
Got it right on edg
The following types of work would a company be most likely to preform through outsourcing: Specialized work that doesn’t require much supervision. Thus option (D) is correct.
What is a company?A company is a legal entity formed by a group of people, known as shareholders, to conduct business. It is a separate legal entity from its owners, which means that it can enter into contracts, sue or be sued, and own property in its own name.
The primary goal of a company is to generate profits for its owners, but it can also have other objectives such as providing goods and services to customers, creating jobs, and contributing to the community.
The specialized work that doesn’t require much supervision would a company be most likely to preform through outsourcing. Therefore, option (D) is correct.
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the firm will shut down temporarily if the market price is below $ enter your response here per toy.
Answers
If the market price per toy falls below the variable cost, the firm will temporarily shut down to avoid selling at a loss, ensuring economic sustainability and providing an opportunity to reassess market conditions.
The firm will shut down temporarily if the market price per toy falls below the variable cost per toy.
When the market price drops below the variable cost, it means that the firm would be selling each unit at a loss, resulting in negative profitability. In such a scenario, it becomes economically unsustainable for the firm to continue operations. Temporary shutdowns help mitigate losses and prevent further financial strain.
During this time, the firm may reassess market conditions, adjust production levels, explore cost-saving measures, or wait for the market price to recover before resuming production.
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Who is the best teachers in deap
A. all of them
Answers
The greatest instructors in the DEAP (Disability Employment Accelerator Program) are tough to pinpoint because they may differ based on student experiences and viewpoints.
Which of these professional traits enables a person to adapt swiftly to changes in the modern world?Your ability to adapt to changes in your environment depends on your adaptability skills. Being adaptable at work is being able to react rapidly to concepts, obligations, demands, trends, tactics, and other procedures that may change.
What kind of instructor is necessary to manage a class with impaired students?They are known as resource instructors with a specialisation. The disabled students are taught in a separate class by a different teacher for those subjects and activities where their impairment prohibits them from learning from the usual teacher.
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monica has created her own cleaning solution. monica's friends encourage her to sell the cleaning solution; they think it is so fantastic they believe monica will make a lot of money on it. they encourage monica to apply for a patent on the cleaning solution formula so that no one can copy it, and so monica will be the only one who can sell it. monica likes the idea of making a lot of money but knows she will have to reveal her formula to obtain a patent, otherwise she would have to keep it a trade secret. if monica decides to apply for and receives a patent on the cleaning solution: she has revealed the formula, but has the sole right to produce it and sell it for twenty years. she can change the formula and still maintain her patent. she will be protected under section 757 of the restatement of torts she has revealed the formula, but has the sole right to produce it and sell it for fourteen years.
Answers
The correct is Option (d). If Monica applies for and receives a patent on her cleaning solution formula, she must reveal the formula to the U.S. Patent Office.
However, she will have the exclusive right to produce and sell her cleaning solution for a period of twenty years, after which the formula will enter the public domain and become available for others to use. During those twenty years, others may not copy the formula without Monica's permission, and she may be able to charge licensing fees to others who want to use her formula.
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Full Question ;
Monica has created her own cleaning solution. Monica’s friends encourage her to sell the cleaning solution; they think it is so fantastic that they believe Monica will make a lot of money on it. They encourage Monica to apply for a patent on the cleaning solution formula so that no one can copy it, and so Monica will be the only one who can sell it. Monica likes the idea of making a lot of money by selling her cleaning solution, but she does not want to give up her secret ingredient. If Monica applies for and receives a patent on the cleaning solution:
a.) she can keep the formula secret forever
b.) she can keep the formula a secret for twenty years
c.) she must reveal the formula, and others can copy the formula, although they must pay a fee to the U.S. Patent Office to do so.
d.) she must reveal the formula, but has the sole right to produce and sell it for twenty years.
describe sustainable entrepreneurship and give a few examples of economic, environmental, and social gains it can generate for others.
Answers
Sustainable entrepreneurs aim to balance profitability with social and environmental responsibility, considering the triple bottom line: people, planet, and profit.
Sustainable entrepreneurship refers to the practice of creating and managing businesses that seek to generate positive economic, environmental, and social impacts.
It involves incorporating sustainable principles into business strategies and operations to address societal challenges while creating long-term value.
Examples of economic gains from sustainable entrepreneurship include:
Job Creation: Sustainable businesses often prioritize local employment opportunities, which can contribute to reducing unemployment rates and improving economic conditions in a community.Innovation and Market Opportunities: Sustainable entrepreneurs often identify unmet needs or gaps in the market and develop innovative products or services to address them. This can lead to new business opportunities and economic growth.Examples of environmental gains from sustainable entrepreneurship include:
Resource Conservation: Sustainable businesses focus on minimizing resource consumption, optimizing energy efficiency, and reducing waste generation. This leads to a more sustainable use of natural resources and can help mitigate environmental impacts.Adoption of Renewable Energy: Sustainable entrepreneurs may invest in renewable energy sources, such as solar or wind power, to power their operations. This reduces reliance on fossil fuels, decreases greenhouse gas emissions, and contributes to a cleaner and more sustainable energy system.Examples of social gains from sustainable entrepreneurship include:
Community Development: Sustainable entrepreneurs often engage with local communities, supporting local development initiatives, and investing in social infrastructure. This can enhance quality of life, create social cohesion, and improve overall community well-being.Social Innovation: Sustainable businesses may develop products or services that address social challenges, such as healthcare, education, or poverty alleviation. By providing solutions to these issues, they contribute to the betterment of society.For such more question on environmental:
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When given an Income Statement, Balance Sheet, and Cash Flow Statement, how would you calculate the following in excel:
DuPont Analysis. Break down your company’s Return on Equity, ROE, into the 3-part DuPont Equation for each year. Comment on what factors caused changes in your company’s ROE over the time period.
Answers
To calculate the DuPont Analysis and break down a company's Return on Equity (ROE) into the three-part DuPont Equation in Excel, you need to analyze the company's Income Statement, Balance Sheet, and Cash Flow Statement. The three components of the DuPont Equation are Profit Margin, Asset Turnover, and Equity Multiplier. Analyzing changes in each component over time can help identify factors influencing the company's ROE.
To perform DuPont Analysis in Excel, follow these steps:
Retrieve the necessary financial statements, including the Income Statement, Balance Sheet, and Cash Flow Statement, for each year of analysis. Calculate the Profit Margin by dividing Net Income by Total Revenue. This ratio measures how efficiently the company generates profits from its sales.
Calculate the Asset Turnover by dividing Total Revenue by Average Total Assets. This ratio indicates how effectively the company utilizes its assets to generate sales. Calculate the Equity Multiplier by dividing Average Total Assets by Average Shareholders' Equity. This ratio shows the leverage or financial structure of the company.
Calculate the ROE by multiplying the Profit Margin, Asset Turnover, and Equity Multiplier. The formula for ROE is: ROE = Profit Margin x Asset Turnover x Equity Multiplier.
By analyzing changes in each component of the DuPont Equation over time, you can identify factors influencing the company's ROE. For example, an increase in Profit Margin may indicate improved cost management or pricing strategies. An increase in Asset Turnover may suggest increased efficiency in utilizing assets. Changes in the Equity Multiplier can be influenced by factors such as debt financing or stock buybacks.
In conclusion, DuPont Analysis allows for a comprehensive breakdown of a company's ROE by analyzing the Profit Margin, Asset Turnover, and Equity Multiplier. Examining changes in these components over time can provide insights into the factors impacting the company's ROE, including profitability, asset utilization, and financial leverage.
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E-mail is usually a formal mode of business communication. Please select the best answer from the choices provided T F.
Answers
Answer:
F
Explanation:
No because at those formal period email wasn't created the formal mode of business communication was letter through the use of type writters
Answer:
false
Explanation:
The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and dependent variables. Then briefly discuss whether a linear model is reasonable for the situation described.
The price of a particular model car is $ 20,000 today and rises with time at a constant rate of $500 per year. How much will a new car of this model cost in 4 years?
Answers
On the other hand, graphs of linear features are used in the practise of a budget, finding out if the body weight is fantastic in accordance to the height, calculating medication doses in accordance with the patients' weights, and many more
What is a actual existence state of affairs that can be modeled via a linear equation?You can use a linear equation to decide the value of something cab day out you take on your holiday without knowing how many miles it will be to every location. For example, the linear equation would be y = 0.15x + 9 if “x” represents the range of miles to your vacation spot and “y” represents the cost of that taxi fare.
A linear mannequin example is a verbal situation that can be modeled the use of a linear equation or vice versa. An instance could be every pizza costs $10 and the shipping charge is $5, so the linear mannequin would be y=10x+5, the place y represents the complete price and x represents the number of pizzas.
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Answers
Assume you borrow money to buy a new car at 10 percent interest, and you think that the economy-wide rate of inflation over the life of the loan will be 8 percent. If you are correct in your assumption, your real rate of interest on the car loan will be
Answers
Answer:
The answer is 2%
Explanation:
Have a wonderful day
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Economic development in Thailand is concentrated around the city of: Group of answer choices Hanoi Yangon Bangkok Saigon
Answers
In Thailand, economic development is concentrated is Bangkok.
Economic development refers to the growth and improvement of a country's economy, including factors such as industrialization, infrastructure development, and increased productivity. Bangkok is the capital as well as the largest city of Thailand. The city serves as the country's economic hub and is home to numerous businesses, industries, and financial institutions.
Bangkok's economy is diverse, with key sectors such as finance, tourism, manufacturing, and commerce contributing significantly to its economic growth. The city's strategic location and international connectivity also play a vital role in attracting investments and fostering economic development.
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A worker should ______ any time the worker notices a minor quality problem that is not critical to product function or performance
Answers
A worker should notify the supervisor to determine the correct action to take any time the worker notices a minor quality problem that is not critical to product function or performance.
A manager is accountable for handling the workflow and schooling new hires on how they could high-quality serve clients and teams of personnel. additionally, they create schedules that hold absolutely everyone busy with cut-off dates met to save you gaps or downtime while giving direction and remarks approximately what desires improvement.
A supervisor or lead, (also known as foreman, boss, overseer, facilitator, reveal, place coordinator, line supervisor, or now and again gaffer) is the job name of a lower-level management function that is primarily based on authority over workers or a place of work.
Extra officially addressed as a manager, team leader, or a supervisor is a person who oversees employees of a business enterprise or corporation. Their job is to make crucial choices and to ensure obligations are finished and the enterprise is assembling its goals.
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Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?
Answers
Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.
Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.
Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.
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Which is a good example of differentiated instruction? giving every student a different subject area goal to work toward teaching students in several different grades at the same time requiring students to come up with many ways to solve the same problem assigning a project but letting students complete it any way that they want
Answers
Differentiating instruction may entail having the teacher offer lessons at various degrees of difficulty depending on the aptitude of each student, or it may entail presenting the same topic to all students using a range of instructional methodologies.
Differentiation refers to modifying instruction to accommodate student requirements. This approach to instruction is effective because it uses ongoing evaluation and flexible grouping, regardless of whether teachers differentiate material, process, products, or the learning environment. The concept of differentiated teaching has its origins in the one-room schoolhouse era, when all pupils, regardless of age, were taught in the same classroom by the same instructor. Children of the same age were thought to study equally as the educational system changed to graded schools.
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adam smith's concept of the invisible hand refers to:
Answers
Adam Smith's concept of the invisible hand refers to the self-regulating nature of markets.
Adam Smith's concept of the invisible hand is a metaphorical expression that describes the self-regulating nature of markets. According to Smith, individuals pursuing their self-interest in a free market economy unintentionally promote the well-being of society as a whole. The invisible hand represents the mechanism through which the actions of self-interested individuals, such as consumers and producers, lead to outcomes that benefit society.
In a market system guided by the invisible hand, individuals seek to maximize their own profits or utility. As they engage in voluntary exchanges and transactions, they consider the prices, quality, and availability of goods and services. This pursuit of self-interest creates a competitive environment where businesses strive to produce goods and services that satisfy consumer demands most effectively. In this process, prices adjust based on supply and demand, signaling information about scarcity and desirability.
The invisible hand operates through the price mechanism. When a particular good or service becomes more desirable or scarce, its price tends to rise, prompting producers to increase supply to meet the demand. Conversely, if a good becomes less popular or abundant, its price decreases, signaling producers to reduce supply. Through this continuous process of price adjustments, resources are allocated efficiently, and goods and services are distributed based on their perceived value to society.
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Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are ______.
a. Grants
b. Entitlements
c. Welfare programs
d. Subsidies
Answers
Answer:
It os D, subsidies. this is correct.
What ethical dilemmas do you think professionals in the marketing and advertising industry face? Explain.
Answers
Answer:
knowing how to play on emotions but also not make people feel like terrible human beings?
Explanation:
At what price will the stock reach an ""equilibrium"" at which it is perceived as fairly priced today?.
Answers
it's equilibrium price is $55.75.
An equilibrium rate is a balance of demand and grant factors. There is a tendency for expenditures to return to this equilibrium except some characteristics of demand or supply change. Changes in the equilibrium price manifest when both demand or supply, or both, shift or move.
How do you discover equilibrium price?To find the equilibrium rate a mathematical system can be used. The equilibrium fee components is primarily based on demand and furnish quantities; you will set volume demanded (Qd) equal to quantity supplied (Qs) and resolve for the price (P). This is an instance of the equation: Qd = one hundred - 5P = Qs = -125 + 20P.
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https://brainly.com/question/22569960#SPJ4Teams have better communication than other workers because they get to ______
Answers
Answer:
Know each other better.
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective. This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
Hence, teams have better communication than other workers because they get to know each other better in the course of brainstorming, interaction and sharing of ideas.
Answer:
A
Explanation:
Know each other better
what is the future value of investing $5,650 for 14 years at a continuously compounded rate of 8.6 percent?
Answers
The future value of investing $5,650 for 14 years at a continuously compounded rate of 8.6 percent is approximately $18,820.75.
The formula for calculating the future value (FV) of an investment with continuous compounding is:
FV = Pe^(rt)
where P is the initial investment, r is the annual interest rate, t is the number of years, and e is the mathematical constant approximately equal to 2.71828.
Using this formula, we can calculate the future value of investing $5,650 for 14 years at a continuously compounded rate of 8.6 percent as:
FV = $5,650 * e^(0.086*14)
FV = $5,650 * e^1.204
FV = $5,650 * 3.335
FV = $18,820.75
Therefore, the future value of investing $5,650 for 14 years at a continuously compounded rate of 8.6 percent is approximately $18,820.75.
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Please Discuss The Impacts Of Renewable Energy For Australian Electricity Markets And Participants. The Discussion Can Include Impacts On: - Market Concentration (Remember To Think About The Definition Of A Market-The Distinction Between Retail And Wholesale Markets Is Relevant In This Context) Prices Expenditure Equity (Remember The Potential For
Answers
The impacts of renewable energy on Australian electricity markets and participants include changes in market concentration, prices, expenditure, and equity, with potential benefits for competition, cost reduction, environmental sustainability, and social equity.
The introduction and expansion of renewable energy sources in Australian electricity markets have several impacts on market participants and the market structure.
Firstly, renewable energy technologies, such as solar and wind, often allow for distributed generation, which can reduce market concentration by enabling a more diverse range of participants to enter the market, including households and small-scale producers.
This increased competition can lead to lower prices for consumers.
Additionally, the increased penetration of renewable energy can contribute to a reduction in wholesale electricity prices over time, as renewables have lower operating costs compared to traditional fossil fuel sources.
This can result in decreased expenditure for consumers and businesses.
Moreover, the expansion of renewable energy supports environmental sustainability by reducing greenhouse gas emissions and promoting a transition to cleaner energy sources.
This aligns with global efforts to mitigate climate change and can contribute to a more sustainable and resilient energy system.
Overall, the impacts of renewable energy on Australian electricity markets and participants include increased competition, potential price reductions, reduced expenditure, environmental benefits, and opportunities for social equity.
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Renewable energy has significant impacts on Australian electricity markets and participants, including reducing market concentration, influencing prices, altering expenditure patterns, and enhancing equity in the energy sector.
The adoption of renewable energy in Australian electricity markets has several notable effects. First, it contributes to reducing market concentration by diversifying the energy mix and encouraging the entry of smaller renewable energy providers. T
his helps foster competition and decreases the dominance of a few large players, leading to a more decentralized market structure. Renewable energy sources, such as solar and wind, have a declining cost trend, resulting in lower wholesale electricity prices.
This, in turn, can benefit consumers by potentially reducing retail prices and lowering household expenditure on energy bills. Additionally, renewable energy's cost stability compared to fossil fuels can provide long-term price certainty, further benefiting consumers and businesses.
The transition to renewable energy also has implications for expenditure patterns. Investments in renewable energy infrastructure, such as solar farms or wind turbines, create economic opportunities and stimulate job growth in the renewable energy sector.
This can lead to increased spending on renewable energy projects, positively impacting employment and local economies.
Furthermore, renewable energy promotes equity in the electricity sector. It offers the potential for decentralized energy production, empowering households, communities, and businesses to generate their own electricity through rooftop solar or other renewable systems.
Overall, the integration of renewable energy into Australian electricity markets has transformative effects, including reducing market concentration, influencing prices, altering expenditure patterns, and enhancing equity by providing opportunities for decentralized energy generation and fostering a sustainable energy future.
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Which of the following is NOT a characteristic of population?
O The people in the group being investigated
O The group from which the sample comes
O The people who are actually measured
O The general population of a segment such as students, voters, etc.
Answers
Answer:
The people who are actually measured
Explanation:
A population is the whole group you want to study while a sample is the group chosen to partake in the study or experiment.
For example you want to carry out a study on the spending habits of millennials in the world. It is impossible to contact all the millennials in the world. The reasonable step would be to choose a sample of the people that would be representative of all the millennials in the world.
Here the population are millennials. while the representative population chosen to represent millennials are the sample
what statement reflects weber's view of bureaucratic organizations? group of answer choices departments communicate with each other on a regular basis. employees follow strict rules and regulations. customer satisfaction is the number one priority. first-line workers are empowered to respond to the needs of customers.
Answers
The statement that reflects Weber's view of bureaucratic organizations is B. employees follow strict rules and regulations.
What is a Bureaucratic Organization?This refers to the type of organization that has a division of labor, a well-functioning hierarchy, written laws and edicts, and impersonal relationships between members of the organization.
Hence, we can see that with the view of Weber on bureaucratic organizations, believed that it must be well structured, formal, and impersonal, and based on the list of available options, the correct answer is option B.
Thus, it can be seen that Max Weber was of the opinion that a bureaucratic organization should be well structured
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Statement-McMorrow &
3. Cash Flow
Daughter Ltd
From the following information relating to McMorrow & Daughter Ltd, prepare
a cash flow statement for the four months January to April. Opening cash on 1
January is €3,700. X
Estimated income
• Sales: January €12,800; February €14,100; March €13,900; April €18,750
. Government grant: February €3,000
Estimated expenditure
• Purchase of materials: January €12,000; February €14,000; March €11,300;
April €14,300
Rent and rates: €1,600 per month
• Wages: €1,500 per month
• Telephone: February €300; April €450
61.000 in March answer pls
Answers
The net cash inflow for the period was €12,100 and closing cash balance at the end of April was €15,800.
What is a cash balance?A cash balance refers to the amount of money that a person, organization, or entity has in their possession or available to them at a given time. This can include physical currency, such as bills and coins, as well as digital forms of payment, such as bank account balances or cryptocurrency holdings. Cash balances are important for financial planning and management, as they can be used to cover expenses, pay debts, invest in assets, or save for future goals. It is important to monitor cash balances regularly to ensure that there is enough liquidity to meet financial obligations and take advantage of investment opportunities. Balancing cash inflows and outflows is essential for maintaining financial stability and achieving long-term financial success.
Net Cash Inflow: €12,100
Closing Cash: €15,800
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for each of the following situations involving marginal cost (mc) and marginal benefit(mb) indicate whether it would be best to produce more , fewer, or the current number of units.
Answers
Properly evaluate each situation involving marginal cost (MC) and marginal benefit (MB), we need specific details for each scenario.
However, I can provide a general framework to help you analyze these situations:
If MC is less than MB: It would be best to produce more units. When the cost of producing an additional unit is lower than the benefit gained from that unit, increasing production can lead to higher overall profitability.
If MC is greater than MB: It would be best to produce fewer units. When the cost of producing an additional unit exceeds the benefit gained from that unit, reducing production can help avoid incurring unnecessary costs and improve overall efficiency.
If MC is equal to MB: It would be best to maintain the current number of units. When the cost of producing an additional unit is equal to the benefit gained from that unit, maintaining the current production level ensures that costs and benefits are balanced.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Sales in 2015 1400000 at December 31,2015, before adjusting entire account receivable 250000debit allowance for doubt full account 2400 credit 2% net sales will prove uncollectible, prepare the December 31,2015, journal entry to record bad debt expense.
Answers
Answer:
Dr Bad Debt Expense $28,000
Cr Allowance for Doubtful Accounts $28,000
Explanation:
Preparation of the December 31,2015, journal entry to record bad debt expense.
Based on the information given the December 31,2015, journal entry to record bad debt expense will be :
Dr Bad Debt Expense $28,000
Cr Allowance for Doubtful Accounts $28,000
($1,400,000 *2%)
(To record bad debt expense)
You've recommended to your team lead that you should move forward with the re-launch. You have a key customer that was impacted by the miss-launch a few months ago and you're meeting with them to talk through next steps. They are reluctant to continue using your product due to the miss a few months ago. How do you approach the meeting? Rate the effectiveness of each response option by dragging the item into the bins below. Each bin can hold multiple items.
A Focus on next steps, disregard problem. B Address problem, but blame it on an internal dependency and mention that there's no way it will happen again. C Address problem, reassure customer that the root cause has been corrected, and solicit feedback on any additional improvement the customer desires. D Address problem and recommend that they look elsewhere for support. E Address problem and focus on the mechanisms your team has put into place to avoid the problem
Answers
C Address problem, reassure the customer that the root cause has been corrected, and solicit feedback on any additional improvement the customer desires.
Approaching the meeting with a focus on addressing the problem is essential to rebuilding trust with the customer. By acknowledging the impact of the previous miss-launch and taking responsibility for it, you show accountability for the mistake.
Assure the customer that the root cause has been identified and corrected, emphasizing that measures have been put in place to prevent such issues from recurring in the future.
This reassurance helps alleviate their concerns and demonstrates your commitment to delivering a reliable and high-quality product.
Furthermore, actively soliciting feedback from the customer on any additional improvements they desire showcases your willingness to listen and meet their specific needs.
This open dialogue allows the customer to express their concerns, preferences, and expectations, providing valuable insights for your team to further enhance the product or service.
By involving the customer in the improvement process, you strengthen the relationship, show that their opinions matter, and increase the likelihood of them continuing to use your product.
In summary, addressing the problem, reassuring the customer, and seeking their feedback creates a positive and collaborative atmosphere, rebuilding trust and working towards a mutually beneficial solution.
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The annual master budget file includes the ________ from last year because it is needed for the schedule of expected cash collections.
Answers
The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
A sentence about annual master budget files
Annual master budget files are a collection of files with detailed lists of cash movements inside, from and to a business. This information is useful to predict and estimate expected cash movements and to construct expected budget in terms of costs and time for the next fiscal year.
For this reason, an annual master budget file must include the budget from last year. The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
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