Pew recommends that banks process all transactions either chronologically or from low to high by dollar amount since processing transactions in this sequence causes account balances to drop faster.
Banks can rearrange the transactions such that the largest one is processed first rather than processing them chronologically, saving the customer from having to pay one overdraft fee for that final $100 transaction. Each charge in excess of $100 will incur an overdraft fee if the bank processes it first. Reordering transactions is the practise of banks and credit unions processing a consumer's checking account transactions in a different order than the order in which the transactions were made. Even if you technically have sufficient funds in your account to cover incoming purchases, banks might rearrange those transactions in a way that increases overdraft penalties, a practise known as debit resequencing.
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given the following information for mouse inc., calculate its profit margin for the year 2018. $ in thousands 2018 2019 net income $ 500 $ 450 net sales 3500 3650 accounts receivable 2150 1500 multiple choice question. 7% 61.42% 57% 14.29%
2018's profit margin for the company. thousand dollars Accounts receivable as a percentage of net sales for 2018–2019 is 14.29%, or $500–450.
How can I determine my profit margin?We must divide the gross profit by the entire revenue for the year, multiply by 100, and then find the gross profit margin. We must divide net income (or net profit) by the entire annual revenue before multiplying the result by 100 to get the net profit margin. Your net profit margin, for instance, would be 10% if your sales were $1 million and your net income was $100,000.
Profit Margin = (Net Income / Net Sales) x 100%
For Mouse Inc. in 2018:
Profit Margin = (500 / 3500) x 100%
Profit Margin = 14.29%
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The primary objective of financial accounting is to.
T/F: the marketplace for janitorial products and services is changing, both in nature and scope.
True, the marketplace for janitorial products and services is changing, both in nature and scope. Janitorial services and cleaning products are an essential part of the commercial and industrial sectors.
Cleaning is a basic necessity for every living space. Janitorial products are typically used to clean and sanitize indoor environments such as buildings, schools, and offices, among other things. However, the marketplace for janitorial products and services is changing due to a variety of factors, including increased environmental and health concerns and technological advancements that allow for more efficient cleaning processes.
Therefore, it is safe to conclude that the statement, "the marketplace for janitorial products and services is changing, both in nature and scope" is true.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.
Answer:
demand is equal to 1000 and factors is equal to 5000
is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.
Which is the best definition of insurance:
A. Insurance lets you pay your bills.
B. Insurance lets you pay a little for protection you might need.
C. Insurance is an expensive way to pay your bills.
D. Insurance costs a lot, but doesn’t pay for much.
Answer:
I'm trying to decide between B and D, but I think it's D
Explanation:
Insurance does cost a lot, but it's so you have a bit more protection if something happens.
For example:
Let's say you get into a car accident, and you need to stay in the hospital to recover, because you broke a bone, and afterward, you need a prescription of pain medicine. Insurance would pay for your hospital stay I believe, and also pay for part of your prescription. But it costs a lot of money, and your prescription might be really expensive, and there might have been something with your hospital stay that insurance didn't pay for. So basically, Insurance costs a lot, but doesn't pay for much (answer D).
. Records of Fishers' Commercial Bakery expenses for the second quarter of the year show the following:
Fishers' Expenses
Payroll
Advertising
Raw materials
Store/bakery rent
Office supplies
Insurance
Utilities
1.59%
b. 0.78%
Total
ca.
$300,042.78
6,402.66
100,222,22
13,525.00
What percent of total expenses did Fishers' Commercial Bakery spend on insurance during the quarter?
C. 14.7%
d. 11.2%
900.25
7,292.55
31,052.80
459,438.26
The percentage of total expenses that Fishers' Commercial Bakery spent on insurance during the quarter was d. 11. 2 %.
How to find the percentage spent ?The percentage of total expenses that Fishers' Commercial Bakery spent on insurance during the quarter can be found by the formula :
= Total spent on insurance / Total expenses for Fishers' Commercial Bakery for the quarter x 100 %
The total spent on insurance was $3 ,525 and the total spent on expenses for the quarter was $ 31, 052. 80.
The percentage is therefore ;
= 3, 525 / 31, 052. 80 x 100 %
= 11. 2 %
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what does the fox say
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
do chip credit cards protect against online purchases
Answer:
Protecting Against Payment Card FraudExplanation:
The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.
One disadvantage to using speech recognition software is that it ________.is expensiveis complicated to useis not readily available for usetakes time to learn your speech patterns
One disadvantage to using speech recognition software is that it accessibility is expensive is complicated to use is not readily available for use takes time to learn your speech patterns
One disadvantage of using speech recognition software is that it can take time to learn your speech patterns. In order for the software to accurately recognize and transcribe your speech, it needs to be trained to understand your unique voice and speech patterns. This process can take some time, and requires you to spend some time speaking into the software and correcting any errors that it makes.
Another disadvantage of speech recognition software is that it may not be readily available for use. While many devices and applications now come with built-in speech recognition capabilities, not all devices or software programs may be compatible with the technology.
Finally, speech recognition software can be complicated to use, particularly for those who are not familiar with the technology.
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The total cost for producing 1000 units of a commodity is $3.9 million, and the revenue generated by the sale of 1000 units is $5.2 million.
(a) What is the profit on 1000 units of the commodity?
P(1000) = $ million
(b) Assuming
C(q)
represents total cost and
R(q)
represents revenue for the production and sale of q units of a commodity, write an expression for profit.
P(q) = R(q) · C(q) million dollars gives the profit from the production and sale of q units of a commodity.
P(q) = R(q) − C(q) million dollars gives the profit from the production and sale of q units of a commodity.
P(q) =
R(q)
C(q)
million dollars gives the profit from the production and sale of q units of a commodity.
P(q) = C(q) − R(q) million dollars gives the profit from the production and sale of q units of a commodity.
P(q) = C(q) + R(q) million dollars gives the profit from the production and sale of q units of a commodity.
The correct expression for profit from the production and sale of q units of a commodity is, P(q) = R(q) - C(q) million dollars.
a) The profit on 1000 units of the commodity is $1.3 million.
Let's break down the expression and explain its components:
P(q) represents the profit from the production and sale of q units of the commodity. Profit is the difference between revenue (R(q)) and total cost (C(q)).
R(q) represents the revenue generated by the sale of q units of the commodity. Revenue is the total amount of money earned from selling the units.
C(q) represents the total cost of producing and selling q units of the commodity. Total cost includes all expenses incurred in the production process, such as raw materials, labor, overhead costs, etc.
By subtracting the total cost (C(q)) from the revenue (R(q)), we obtain the difference, which represents the profit made from the production and sale of q units of the commodity.
In the given case, for the production and sale of 1000 units of the commodity, the revenue generated is $5.2 million, and the total cost is $3.9 million. Plugging these values into the expression for profit:
P(1000) = R(1000) - C(1000)
P(1000) = $5.2 million - $3.9 million
P(1000) = $1.3 million
Therefore, the profit on 1000 units of the commodity is $1.3 million.
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T/F. The inherent risk associated with the finance and investment cycle is less than that associated with other cycles, especially given the low number of transactions typically involved.
False. The inherent risk associated with the finance and investment cycle is not necessarily less than that associated with other cycles, despite the relatively low number of transactions typically involved.
In fact, the finance and investment cycle may be considered a high-risk area due to the significant amounts of money involved and the potential for fraud or misstatement of financial statements. The finance and investment cycle includes activities such as financial reporting, cash management, and investment management, which are critical to the success of any organization. As such, auditors must exercise due care and caution when evaluating the controls and risks associated with this cycle.
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If you were pitching the idea for this product, what would you say?
Answer:
you didn't put a picture
Explanation:
I would be happy to help still
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which of the following Inclusion Framework quadrants represents a low level of belongingness and a high value in uniqueness?
a. Assimilation quadrant
b. Exclusion quadrant
c. Differentiation quadrant
d. Inclusion quadrant
The correct option is (b), Exclusion quadrant of Inclusion Framework represents a low level of belongingness and a high value in uniqueness.
A diverse and inclusive environment is one in which everyone feels supported and involved in all facets of the workplace, irrespective of their identity or what they contribute to the organization. Inclusion ensures that everyone in the organization is feel same as other, there is no distinction.
There are four quadrants of inclusion framework or inclusive environment, the first one is inclusion quadrant where everyone is treated as an insider, the second is, exclusion quadrant where individual do not feel them as the insider within the organization. The third is assimilation quadrant in which individuals are treated as insider only when they accept the organizational norms, and the fourth one is differentiation quadrant in which instead of looking individuals as insider their outside or uniqueness is considered important for the organization.
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Noel was assigned a group project in class. What benefit will Noel get from working with a team?
A Independence
B Increased creativity
D Easy class credit
C Easy decision making
Answer:
B Increased creativity
Explanation: got test
The median always falls between the mean and the mode.
a. True
b. False
Answer:
The mode is always less than the median, which is less than the mean, if the data distribution is skewed to the right .
6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:
Answer:
Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.
Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.
The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.
a project that will last for 9 years is expected to have equal annual cash flows of $98,200. if the required return is 7.7 percent, what maximum initial investment would make the project acceptable?
The maximum initial investment that would make the project acceptable is calculated to be $621,171.53
The maximum initial investment can be considered to be the present value of the future cash flow.
The present value of annual cash flow can be calculated by using the following formula;
Present Value of annual cash flow = Annual Cash flows × Present value of annuity of 1
The present value of annuity of 1 can be calculated as follows;
Present value of annuity of 1 = [1-(1+i)^-n]÷i
Here i represents the required return which is 7.7% and n represents the number of years which is 9, therefore substituting these values as follows;
Present value of annuity of 1 = [1-(1+0.077)^-9]÷0.077
Present value of annuity of 1 = [1-(1.077)^-9]÷0.077
Present value of annuity of 1 = 6.32557567
Now substituting this Present value of annuity of 1 in the equation;
Present Value of annual cash flow = Annual Cash flows × Present value of annuity of 1
Present Value of annual cash flow = $98,200 × 6.32557567
Present Value of annual cash flow = $621,171.53
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A corporation is: Multiple Choice A business legally separate from its owners. Controlled by the FASB. Not responsible for its own acts and own debts. The same as a limited liability partnership. Not subject to double taxation.
A corporation is a business legally separate from its owners.
Corporation
It is an entity that is separate and distinct from its owners. It possesses rights the same as those of an individual. Like an individual it can:
Enter into contractsBorrow loans Buy their own assetsOptions Available
Given the multiple-choice questions, the corporation cannot be controlled by FASB. As FASB is an accounting board to establish accounting principles used by the organizations.
Moreover, a corporation is responsible for its own acts and debts. Therefore, this point is invalid.
Finally, it is also not a limited liability partnership. Hence, the point "A business legally separate from its owners" is not the correct multiple choice answer.
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Caren's Canoes is considering relaxing its credit standards to encourage more sales. As a result, sales are expected to increase 15 percent from 300 canoes per year to 345 canoes per year. The average collection period is expected to increase to 40 days from 30 days and bad debts are expected to double the current 1 percent level. The price per canoe is $850, the variable cost per canoe is $650 and the average cost per unit at the 300 unit level is $700. The firm's required return on investment is 20 percent. (Assume a 360minusday year) What is the net result of implementing the proposed plan?
Net Result = $38,250 - $29,250 - $3,315 - $4,183.33 - (0.20 * $210,000)
Simplifying the calculation, we get the net result of implementing the proposed plan.
To analyze the net result of implementing the proposed plan, we need to calculate the changes in sales revenue, variable costs, bad debts, and collection costs.
Sales Revenue:
The initial sales revenue is calculated as follows:
300 canoes * $850 per canoe = $255,000
After implementing the plan, the new sales revenue is:
345 canoes * $850 per canoe = $293,250
The change in sales revenue is $293,250 - $255,000 = $38,250.
Variable Costs:
The initial variable costs are calculated as follows:
300 canoes * $650 per canoe = $195,000
After implementing the plan, the new variable costs are:
345 canoes * $650 per canoe = $224,250
The change in variable costs is $224,250 - $195,000 = $29,250.
Bad Debts:
The initial bad debts are 1% of the initial sales revenue:
1% * $255,000 = $2,550
After implementing the plan, the new bad debts are double the initial level:
2% * $293,250 = $5,865
The change in bad debts is $5,865 - $2,550 = $3,315.
Collection Costs:
The initial average collection period is 30 days, and the new average collection period is 40 days. To calculate the change in collection costs, we need to determine the additional cost incurred due to the extended collection period.
The initial average daily sales are $255,000 / 360 days = $708.33 per day.
The new average daily sales are $293,250 / 360 days = $814.58 per day.
The additional cost per day due to the extended collection period is:
($814.58 - $708.33) * 40 days = $4,183.33
The change in collection costs is $4,183.33.
Required Return on Investment:
The required return on investment is 20%.
Now, let's calculate the net result:
Net Result = Change in Sales Revenue - Change in Variable Costs - Change in Bad Debts - Change in Collection Costs - (Required Return on Investment * Initial Investment)
The initial investment is the average cost per unit at the 300 unit level:
300 canoes * $700 per canoe = $210,000
Net Result = $38,250 - $29,250 - $3,315 - $4,183.33 - (0.20 * $210,000)
Simplifying the calculation, we get the net result of implementing the proposed plan.
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Byron works at stich-rite clothing factory. The company is required to maintain safe working conditions under the.
Byron's company is required to maintain safe working conditions under the Occupational Safety and Health Act.
What is Occupational Safety and Health?Occupational Safety and Health (OSH) focuses heavily on primary prevention of hazards and covers all facets of health and safety in the workplace. Its objective is to stop accidents and injury caused by work-related activities.
Why is occupational health important?Concerns about the potential effects of employment and the workplace environment on employees' physical and mental health make up a significant portion of occupational health. It also discusses the impact that a worker's health may have on their capacity for work. Simply put, this refers to the relationship between job and health.
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in market economies, goods and services are created primarily for the consumption of producers.
a. true
b. false
In market economies, goods and services are created primarily for the consumption of producers, this statement is false.
What exactly is a market?In order to expedite the exchange or transaction of products and services, buyers and sellers can come together in a market. A market may be actual, like a real store, or it may be virtual, like an online retailer.
What is a market, and why is it important?Markets have a crucial role. They provide businesses with access to funds and are the means by which shares in corporations are acquired and sold. Markets play a crucial role in price formation, liquidity transformation, and enabling businesses to meet customer wants.
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Which of the following personal selling steps would a tickler file be helpful?
1. pre-approach
2.handling objections
3.closing the sale
4.the follow-up after the sale
Pre-approach is a phase in the personal selling process that would be useful. As a result, choice (A) is the right reaction.
What is personal selling?When a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople. For all or a portion of the sales process, some sales professionals write scripts. Telemarketing and in-person interactions both employ the sales process.
The phrase can also be used to describe a scenario in which a business relies heavily on its sales force to interact with clients.
Hence, option (A) is accurate.
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Explain two reasons why a government may run hospitals.
Explanation:
1) If a government decides to run a hospital, the
prices are likely to be less or free of cost.
2) the payments are made by the taxpayers.
3)A government will want to run a hospital because the economy might have many poor people and will want to reduce the death rate.
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PLS HELP ASAP WILL GIVE BRAINLIEST!!!
Which of the following choices correctly ranks the four economic markets in order from easiest to enter to most difficult to enter?
a.monopoly, monopolistic competition, oligopoly, perfect competition
b.perfect competition, monopoly, oligopoly, monopolistic competition
c.oligopoly, monopoly, monopolistic competition, perfect competition
d.perfect competition, monopolistic competition, oligopoly, monopoly
2. Look at the following title page:
a. Explain why this is not a good example of what a title page should look like. (2 points)
20 POINTS HELP ME!!!
If the price level in 2006 is 100, then the price level in 2008 will be 98.1
How to calculate the priceTotal cost of basket of goods in 2006 =
= 3 *10.25 +30*3.5+ 5 *4.25 +200*0.11+ 12*1.75
= $200
Total cost of basket of goods in 2008 =
= 3 * 11.25+ 30 *3.3+5*4.5 +200 *0.1 +12 *1.75
= $196.25
If the price level in 2006 is 100, then the price level in 2008 will be,
= (196.25/200)*100
= 98.1
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Assuming annual compounding, find how long it would take for the general lovel of prices to double at the following annual inflation rates: a. 1% b. 5% c, 9% d. Check your answere using the Rule of 70 or the Rule of 72 , whichever applies.
The Rule of 70 states that the number of years it takes for an investment to double is approximately 70 divided by the annual growth rate. a. 70 years, b. 14.4 years c. 8 years.
Using the Rule of 70 or the Rule of 72, we can calculate the approximate number of years it would take for the general level of prices to double at different annual inflation rates:
a. For an annual inflation rate of 1%, using the Rule of 70, it would take approximately 70/1 = 70 years for prices to double.
b. For an annual inflation rate of 5%, using the Rule of 72, it would take approximately 72/5 = 14.4 years for prices to double.
c. For an annual inflation rate of 9%, using the Rule of 72, it would take approximately 72/9 = 8 years for prices to double.
Using these rules, we can estimate the time it would take for prices to double based on the given inflation rates. It's important to note that these are approximations and may not precisely match the actual time it would take for prices to double, but they provide a useful guideline for understanding the impact of inflation over time.
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