Answer:
D or C
Explanation:
Which of the following relates to the skills necessary to identify and exploit elements of the business environment that can lead to a profitable and sustainable business?
Skills necessary to identify and exploit elements of the business environment that can lead to a profitable and sustainable business are called opportunity competencies.
What is the definition of profit?The greatest definition of profit is gain, especially when it is attained by raising the price of things so that consumers' payments exceed producers' costs and a sizable return on the money spent is left over. Profit is the money that is left over after expenditures and expenses have been paid.income from trade or business after covering the costs of generating and disbursing goods and services: Selling scraps to textile businesses brings her a sizable profit.The amount made by selling a product is referred to as the profit, and it must exceed the item's cost price. In other words, a profit is a benefit from any commercial activity.To learn more about profit refer to:
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What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.
564.00
546.00
5.46
50.64
Answer:
4
Explanation:
i need points for my test
The brand changes form part of a strategic plan the group conceived in September last year called Ekuseni (the Zulu word for “dawn”)”
“Pick n Pay and its new CEO are taking the fight to competitors in a strategy..”
“Pick n Pay yesterday launched a new strategic plan…”
Evaluate the proposed strategy that Pick n Pay is planning to implement, including in your evaluation, the potential risks attached to the proposed new strategy
Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.
1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.
2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.
3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.
4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.
5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.
6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.
7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.
In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.
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1.5 How has franchising and licencing agreements have influenced the growth and development within the Hospitality Industry, Discuss. (Findings)
The franchising & licencing agreements have influenced the growth and development within the Hospitality Industry because it allowed more people have a hold of running services in the industry.
What is the Hospitality Industry?In a typical economy, the hospitality industry means the broad category of fields within the service industry that includes lodging, food and drink service, event planning, theme parks, travel and tourism. It extends to hotels, tourism agencies, restaurants and bars.
Under this industry, a franchises & licenses are both business agreements in which certain brand aspects are shared in exchange for a fee. The typical franchising agreement pertains to a business's entire brand and operations while a licensing agreement only applies to registered trademarks.
Some of the benefits of franchising in the hotel industry (hospitality industry) includes having a strong brand portfolio, specific set of tools, strong approach to standards, good reputation, training programmes, consultation and advice service, marketing programmes.
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Holloway Company earned $6,800 of service revenue on account during Year 1. The company collected $5,780 cash from accounts receivable during Year 1. Required Based on this information alone, determine the following for Holloway Company. (Hint: Record the events in general ledger accounts under an accounting equation before satisfying the requirements.) (Enter any decreases to account balances with a minus sign.) a. The balance of the accounts receivable that would be reported on the December 31, Year 1, balance sheet. b. The amount of net income that would be reported on the Year 1 income statement. c. The amount of net cash flow from operating activities that would be reported on the Year 1 statement of cash flows. d. The amount of retained earnings that would be reported on the Year 1 balance sheet.
The further discussion can be defined as follows:
For point A:Calculated to use this formulation is the account receivable
reported on the balance sheets
Using formula:
Admissible Accounts
For point B:The reported net income is revenue from services of \(\$18,000\)
For point C:The reported net cash flow from operations is \(\$14,000\) in
cash from accounts receivables in 1 year.
For point D:Reclaimed revenues are \(\$18,000\) representing the amount of net
income transferred to the retained income account.
So, the final answer is "$4,000, $18,000, $14,000, and $18,000".
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Jake is the manager of a cafe in Houston Texas. Jake opened a bank account under the cafe name
Jake’s Finer Foods is a family-owned, Houston-based broadline distributor and food supplier delivering quality food, exceptional service and custom solutions to foodservice providers throughout Texas and Louisiana since 1946.
Jake’s services a wide range of industry segments, including independent restaurant operators, multi-unit chains, retail grocery, daycares, caterers and corporate cafeterias. Its complete line of product offerings also includes fresh-cut, premium meats from Gourmet Ranch, Jake’s exclusive custom butcher shop.
From its simple and humble start selling eggs door-to-door, to today tapping into global trends, and national and local brands, Jake’s Finer Foods is a thriving family business that is led by faith – impacting lives and helping others achieve their goals.
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Can someone give me answer and explain?
Answer:
I think that B is the correct answer.......
describe the role apple, netflix, and walmart have in the global economy
Apple, Netflix, and Walmart have vastly different roles in the global economy, but they all have one thing in common: they have disrupted traditional business models and changed the way people consume products and services. These companies have become leaders in their respective industries and will continue to shape the global economy in the years to come.
Apple is an American multinational technology company that designs, manufactures, and markets a wide range of consumer electronics, computer software, and online services. The company's innovative products and services have transformed the global technology landscape, with its flagship iPhone and iPad devices becoming ubiquitous worldwide. Apple's market capitalization has exceeded $2 trillion, making it one of the most valuable companies in the world.Netflix, on the other hand, is a streaming entertainment service that has revolutionized the way people consume TV shows, movies, and other forms of digital content. With a global subscriber base of over 200 million people, Netflix has become a cultural phenomenon that has disrupted traditional cable TV and movie theater models. Its ability to produce original content and provide personalized viewing experiences has made it a powerful force in the entertainment industry.Walmart, the largest retailer in the world, plays a significant role in the global economy by providing essential goods and services to millions of people every day. The company has a presence in over 25 countries and employs over 2.3 million people worldwide. Walmart's supply chain and logistics operations are among the most sophisticated and efficient in the world, allowing it to deliver products at lower prices than many of its competitors. The company's sheer size and reach have made it a vital player in the global retail market, driving down prices and increasing competition.For more such questions on global economy
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Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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A company reported the following: Cost of Goods Sold $201,200 General, Selling, and Administrative Expenses 52,920 Income Tax Expense 3,720 Inventory 30,000 Net Income 23,880 Sales Revenue 287,000 Sales Discounts 2,840 Sales Returns & Allowances 2,440 What is the amount of income before income taxes?
Based on the Net Income and the Income tax expense, the amount of income before income taxes is $27,600
How to find the pre-tax income?The pre-tax income or income before income taxes, is the net income that they come has before they have to deduct company income taxes from it.
The formula for the income before income taxes is:
Income before income taxes = Net income + Income tax expenses
Solving for income before income taxes gives:
Income before income taxes = 23,880 + 3,720
Income before income taxes = $27,600
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mm company predicts sales of 50,000 for may ,the company manger salary 4,900 plus 6% sales dollars the production manager found a way to reduce the amount of packaging the company uses may sales are predicted to increase by 8% in addition the shipping costs decrease from 4% to 3%
Answer:
1. $54,000
2. $9,760
Explanation:
1) Computation of budgeted sales
Budgeted sales = $50,000 + ( $50,000 × 8%)
Budgeted sales = $50,000 + $4,000
Budgeted sales = $54,000
Therefore the Budgeted sales will be $54,000
2). Calculation for the budgeted selling expenses for May using this formula
Budget selling expense for May= Manager salary + ( Commission on budget sales) + (Shipping cost on budget sales)
Let plug in the formula
Budget selling expense for May= $4,900 + ($54,000 × 6%) + ( $54,000 × 3%)
Budget selling expense for May= $4,900 + $3,240 + $1,620
Budget selling expense for May=$9,760
Therefore the Budget selling expense for May will be $9,760
A holiday sales flyer advertised a video game system for a significantly reduced price and
video game with purchase. Later that day, the sales associate told you that the store is out of
both items. Instead, you were offered a different system and games at full retail prices. What is this type of fraud called?
Fancial Literacy
2.2.4 Quiz: Types of Investments
Question 8 of 10
Which statement describes a benefit of investing in bonds?
A. Bonds offer higher yields than most stocks.
B. Bonds are a high-risk investment.
OC. Bond rates tend to be more stable than stocks.
O D. Bonds pay a monthly dividend.
SUBMIT
One benefit of investing in bonds is that bond rates tend to be more stable than stocks.
What is investment?Investment is the commitment of a resource to a long-term increase in value. Investment necessitates the loss of a current resource, such as time, money, or effort. In the world of finance, investing is done in order to profit from the asset being put to use.
Each stock and bond has a unique level of risk, and they react to developments in the financial markets differently. They could also be important components of the mutual funds.Bond prices may fluctuate less because bonds' price movements are typically less jarring than those of equities.They offer a steady source of revenue. Bonds typically pay interest twice per year. Bonds are a technique to preserve capital while investing because bondholders receive their entire principle if the bonds are held to maturity. The exposure to more volatile stock holdings can be reduced with the use of bonds.A certain level of income stability may be offered by some bonds.Bonds that can offer both stability and liquidity include U.S. treasuries.While providing lower long-term returns than stocks, bonds are typically more stable.Therefore, the correct answer is, 'bond rates tend to be more stable than stocks'.To learn more about investment, refer to:
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For a business owner, insurance is a cost just like any other expenses. How does buying business
insurance and offering insurance to employees affect the business's profit and success?
Answer:
It adds an additional expense which means a percentage of profits are depleted. However, it contributes to the wellbeing of the employees showing that they are cherished and have the opportunity to earn benefits which can play a role in motivating them. Due to this it is more likely the workforce would be more comfortable working for the organisation thus leading to a higher chance at success.
When a manager uses positive and negative reinforcements to change an employee’s performance, the manager is using ____________________.
A. job design
B. behavior modification
C. goal setting
The manager uses behavior modification if he uses positive and negative reinforcements to change an employee’s performance.
Behavior modification refers to the process of changing the patterns of human behavior over long term through the use of various techniques.
Usually, the consequences are is used for negative reinforcement while the rewards are used for positive reinforcement.
Therefore, the answer is B. because the manager uses behavior modification if he uses positive and negative reinforcements to change an employee’s performance.
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Why is it that everyone cannot have everything they could possibly want?
because that would make you spoiled, and no one will like you. And some things aren't buyable
Reuse of large amounts of copyrighted film in a documentary would not constitute a copyright infringement.
a) True
b)False
Answer:
B. False
Explanation:
I majored in Business
N 1: BUSINESS SECTORS Complete the table by referring to the companies/ profession and classify each under the correct business sector. Khulamini farming, Makwakwa Attorneys. Cape Timber & Mo Shoprite, Anglo platinum, Eskom. Thanda Construction (Pty) L PRIMARY SECTOR SECONDARY SECTOR TERTIARY SEC Advise businesses on the purpose (importance) of the private sector
Makwakwa Attorneys SECONDARY
Cape Timber & Mo SECONDARY
Shoprite SECONDARY
Anglo platinum SECONDARY
Eskom SECONDARY
What is the purpose and importance of the private sector?The private sector plays a crucial role in the economy by driving innovation, creating jobs and contributing to economic growth. It encompasses businesses and organizations that are privately owned and operated, rather than being under government control.
The private sector includes various industries such as agriculture, manufacturing, services, finance and more. Its purpose is to generate profit and provide goods and services to meet the demands of consumers. By operating independently, the private sector promotes competition, efficiency and entrepreneurship leading to economic development and increased prosperity.
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Calculating Income Tax Expense
Given the following.
Taxable Income $400k
Future taxable amounts $30k
Future deductible amounts $50k
Beginning Balances DTA $10k
Beginning Balances DTL $40k
Tax rate 30%.
1. What is the income tax expense?
2. What is the DTA year end balance?
3. What is the DTL year end balance?
4. What is the income tax expense?
5. What is the originating/reversing amount for the future taxable amount and for the deductible amount of the current year?
The income tax expense is $120k
The DTA year-end balance is $10k
The DTL year-end balance is $40k
The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.
How to Solve the Problem?1. To calculate the income tax expense, we need to first calculate the taxable income.
Taxable Income = $400k
Tax rate = 30%
Income tax expense = Taxable Income * Tax rate
Income tax expense = $400k * 30% = $120k
2. The DTA (Deferred Tax Asset) year-end balance can be calculated as follows:
Beginning Balance DTA = $10k
Future deductible amounts = $50k
Origination amount for the deductible amount = $50k * 30% = $15k
Reversing amount for the deductible amount = $15k
DTA year-end balance = Beginning Balance DTA + Origination amount - Reversing amount
DTA year-end balance = $10k + $15k - $15k = $10k
3. The DTL (Deferred Tax Liability) year-end balance can be calculated as follows:
Beginning Balance DTL = $40k
Future taxable amounts = $30k
Origination amount for the taxable amount = $30k * 30% = $9k
Reversing amount for the taxable amount = $9k
DTL year-end balance = Beginning Balance DTL + Origination amount - Reversing amount
DTL year-end balance = $40k + $9k - $9k = $40k
4. The originating/reversing amount for the future taxable amount and the future deductible amount of the current year have already been calculated in questions 2 and 3. The origination amount for the future taxable amount is $9k, and the reversing amount is also $9k. The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.
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Sean is a wholesaler who buys goods in bulk from a manufacturer. The manufacturer offers Sean a discount on these purchases. What likely prompted the manufacturer to give Sean this discount? A. to promote goodwill B. to encourage early payment C. to advertise a product D. to reduce transportation expenses E. to establish tax benefits
Answer:
A. to promote goodwill.
Explanation:
The most likely reason for the manufacturer to give Sean a discount on bulk purchases is to promote goodwill. By offering discounts, the manufacturer aims to establish a positive relationship with Sean as a loyal customer and encourage future business transactions. This practice helps maintain customer satisfaction and loyalty, which can benefit both parties in the long run.
Therefore, the correct answer is A. to promote goodwill.
Suppose you win the lottery and have two options: A. Take $1 million now. B. Take $1.2 million to be paid out as 300,000 now and then $300,000 a year for 3 years. Which is the better deal? Assume that the interest rate is 10%. Please show your work. (4 point)
Answer:
A. Take $1 million now.
Explanation:
A. If we take $1 million now the present value of the money is $1 million.
B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;
$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728
$300,000 + $250,000 + $208,000+ $173,611 = $931,944
The present value of option B is less than present value of option A. We should select option A and take $1 million now.
What is
one consequence of stagflation?
The economy drastically slows down as
money loses its buying power.
© Producers cannot keep up with consumer interest and raise their prices.
• There are not
enough workers to meet the rising level of production.
• Demand is too high and people spend more money than they should
One consequence of stagflation is that the economy drastically slows down as money loses its buying power.
What is stagflation?This is when an economy is experiencing high unemployment, coupled with inflation. Here, there is slow economic growth due to increase in prices of goods and services and high rate of people who do not have jobs.
Hence, one consequence of stagflation is that the economy drastically slows down as money loses its buying power.
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true or false ,The first step in composing a message is to identify its purpose
Frankin Corporation has provided the following data concerning last month’s operations. Purchases of raw materials $ 26,000 Indirect materials included in manufacturing overhead $ 6,000 Direct labor cost $ 58,000 Manufacturing overhead applied to Work in Process $ 97,000 Beginning Ending Raw materials inventory $ 11,000 $ 17,000 Work in process inventory $ 52,000 $ 66,000 How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
Answer:
$155,000
Explanation:
Calculation for How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured
DIRECT MATERIALS:
Beginning raw materials inventory $11,000
Add: Purchases of raw materials $26,000
Total raw materials available $37,000
($11,000+$26,000)
Less Ending raw materials inventory $17,000
Raw materials used in production $20,000
($37,000-$17,000)
Less Indirect materials included in manufacturing overhead $6,000
Total $14,000
($20,000-$6,000)
Add Direct labor $58,000
Add Manufacturing overhead cost applied to work in process $97,000
Total manufacturing costs $169,000
($14,000+$58,000+$97,000)
Add: Beginning work in process inventory $52,000
Total $221,000
($169,000+$52,000)
Less Ending work in process inventory $66,000
Cost of goods manufactured $155,000
($221,000-$66,000)
Therefore How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured is $155,000
Blue Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred.
Made Blue credit card sales totaling $20,800. (There were no balances prior to January 15.)
Made Visa credit card sales (service charge fee 2%) totaling $5,400.
Collected $11,800 on Blue credit card sales.
Added finance charges of 1.5% to Blue credit card account balances.
Jan. 15
20
Feb. 10
15
Journalize the transactions for Blue Stores. (Credit account titles are automatically indented when amount is entered. Do not indent
manually. Record journal entries in the order presented in the problem.)
Account Titles and Explanation
Date
Debit
Credit
www
I
Answer:
yes
Explanation:
yes cause everyone uses the journal
make balance sheet
1.sold all the stock for 5000 and receive a cheque
2. a trade receivable paid 600 by cheque
3. the owner took 800 from the bank for personal use
4. withdrew 2000 from the bank for business expenses
Answer:
Balance Sheet as at year end
ASSETS
Cash (5000 + 600 - 800 - 2000) $2,800
Trade Receivable ( -600) ($600)
TOTAL ASSETS $2,200
EQUITY AND LIABILITIES
EQUITY
Retained Earnings (5000 -800 - 2000) $2,200
TOTAL EQUITY $2,200
LIABILITIES
Liabilities $0
TOTAL LIABILITIES $0
TOTAL EQUITY AND LIABILITIES $2,200
Explanation:
The Balance sheet contains balances of Assets, Liabilities and Equity as at the Reporting date.
So given the above transactions above, we have to identify which accounts (Assets, Liabilities or Equity) are affected by each transaction, than record under the relevant heading as shown in the solution.
Myers Corporation has the following data related to direct materials costs for November: actual cost for 5,000 pounds of material at $4.50 per pound and standard cost for 4,800 pounds of material at $5.10 per pound. The direct materials price variance is a.$3,000 favorable b.$2,880 unfavorable c.$3,000 unfavorable d.$2,880 favorable
Answer:
a. $3,000 favorable
Explanation:
Calculation to determine the direct materials price variance
Using this formula
Direct materials price variance=Actual costs(Standard costs per pound- Actual costs per pound)
Let plug in the formula
Direct materials price variance=5,000($5.10-$4.50)
Direct materials price variance=5,000($0.6)
Direct materials price variance=
$3,000 favorable
Therefore Direct materials price variance is $3,000 favorable
Match each regulatory function with the correct agency
Answer:
follows are the solution to this question:
Explanation:
Inh the question some data is missing that's why its correct solution can be defined as follows:
FR: Consider accounts for financial institutions contributing to both the federal reserve but fall asleep capital rules with all banks. FDIC: It offers insurance for most any depot in a commercial bank for $ 250,000 checks protected bank records or limits the investments of assets. OTC: It reviews its records and limits mostly on properties that can be held to savings and lending organizations. CC: Contract, review books, or financial institutions operated throughout the national govt and enforce limitations on resources this could carry. SEC: Require full reporting of financial products exchanged in structured trade.Answer:
FTC: Prevents unfair competition and protects consumers from
FDIC: Guarantees consumer and business and arranges for failed banks
Explanation:
Is it possible to incorporate investment and speculation within the same security explain?
It is not possible to combine both of them. This is a great investment strategy. Generally, speculation is defined as someone predicting that the value of something will rise.
They would then commit a larger sum of money on a single transaction, hoping that it would be beneficial.
Investors increase their wealth in a methodical manner, purchasing assets with tolerable levels of risk in exchange for long-term gain.
Speculators, on the other hand, purchase assets that may increase rapidly but may potentially lose their entire worth if they fall out of favor.
Market players include both investors and speculators.
The goal of investment and speculation is to make money.
Nonetheless, they differ greatly in terms of risk tolerance, expected rewards, and decision foundation types of funds used, etc.
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what kind of soil is necessary to make mud casting?
Answer: Silica Sand is the most commonly used sand because of its great abundance.