Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?.

Fundamental and enhancing qualitative characteristics of financial statements have different objectives in financial accounting.

The financial statements should be relevant, reliable, comparable and understandable.These objectives can be broken down into two categories which are the fundamental qualitative characteristics and the enhancing qualitative characteristics. The objectives of each category are explained below:

Objectives of Fundamental Qualitative Characteristics : Relevance: The primary objective of relevance is to ensure that financial information is useful to users when making decisions. Relevant information should be timely, comparable and have predictive and confirmatory value. Reliability: The objective of reliability is to ensure that financial information is free from errors and bias. It should be verifiable, neutral and faithfully represented. Comparability: The objective of comparability is to ensure that financial information is presented in a consistent manner. This means that users can compare financial information from one period to another and between different companies. Understandability: The objective of understandability is to ensure that financial information is presented in a way that is easy for users to understand. Financial information should be clear and concise, and users should be able to comprehend it. Objectives of Enhancing Qualitative Characteristics. Completeness: The objective of completeness is to ensure that all relevant financial information is presented. Financial information should not be omitted because of its nature, size or materiality. Neutrality: The objective of neutrality is to ensure that financial information is free from bias. It should not favour one group over another, and financial information should be presented in a manner that does not influence user decisions. Timeliness: The objective of timeliness is to ensure that financial information is available when needed. This means that financial information should be provided in a timely manner so that users can make decisions based on the most current information. Predictive Value: The objective of predictive value is to ensure that financial information can be used to make future predictions. Financial information should be forward-looking and help users to forecast future events

The fundamental and enhancing qualitative characteristics of financial statements play an essential role in financial accounting. The fundamental qualitative characteristics of relevance, reliability, comparability and understandability ensure that financial information is useful to users and presented in a consistent and easy-to-understand manner. The enhancing qualitative characteristics of completeness, neutrality, timeliness and predictive value further enhance the usefulness of financial information by ensuring that it is free from bias, timely and forward-looking.

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Answer:

O A. Pay for vital services like water

Explanation:

Utilities are expenses on essential and vital services common to households and businesses. They include water and sewage bills, electricity bills, and garbage disposal expenses. A firm offering such services generate utility bills. The cost covers a regular period, say mostly monthly.

Heating and internet or data costs are also being considered as utility expenses. They are common and essential for domestic and business use.

In category A = Geographic statement number 2 and 7. In category B = Behavioral statement 3 and 4 are included while in category C = Demographic statement number 1, 8 and 10 and in In category D = Psychographic 5, 6 and 9 are included.

The segmentation bases for the examples provided include demographic factors like age and life stage, such as young married people and retirees, geographic factors like travel habits and local area targeting, behavioral factors like specific buying behavior such as cheese platter buyers and high software purchases and psychographic factors like desired image such as status-conscious car buyers and health conscious consumers.

Businesses can better serve the needs and preferences of their target audience by concentrating their marketing efforts on specific groups that have similar characteristics and behaviors thanks to these segmentation strategies.

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Answer:

b) a year

Explanation:

The nominal GDP for the year would be $450 if the transaction demand for money is $150 and each dollar is spent three times.

If the transaction demand for money is $150, and each dollar is spent three times, then the total value of goods and services produced during the year (nominal GDP) would be:

Nominal GDP = Money Supply x Velocity of Money

Assuming that the money supply is equal to the transaction demand for money, we can substitute $150 for the money supply in the equation above. The velocity of money, which represents the average number of times a dollar is spent on final goods and services in a year, is given as 3 in this case.

Therefore, the nominal GDP for the year can be calculated as:

Nominal GDP = $150 x 3 = $450

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Days' sales in receivables refer to the average number of days required to receive payment on a company's sales. The ratio is often used to determine the overall health of a business's cash flow and credit policies. It is calculated by dividing the accounts receivable balance by the average daily credit sales.

The formula for calculating days' sales in receivables is as follows:

Days Sales in Receivables = (Accounts Receivable ÷ Annual Net Credit Sales) x Number of Days in Period

For instance, if a company had an accounts receivable balance of $100,000 and net credit sales of $400,000 per year, the calculation would look like this:

Days Sales in Receivables = ($100,000 ÷ $400,000) x 365= 91.25 days

This indicates that on average, it takes the company 91.25 days to collect payment on its credit sales.

As a result, the company's collection efforts and credit policies should be evaluated to see whether they can be improved. In general, a lower days' sales in receivables ratio is considered favourable, indicating that the company collects payments on its sales more quickly.

A higher ratio, on the other hand, indicates that the company takes longer to collect payments, which may have an impact on its cash flow and financial stability. Therefore, days' sales in receivables is measured as the average number of days required to receive payment on a company's sales. The ratio is calculated by dividing the accounts receivable balance by the average daily credit sales.

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a.) The company's total break-even point would rise if the sales mix shifted in favor of products like product r38t that had lower contribution margin ratios.

The sales level at which a company's total revenues and total costs are equal is known as the break-even point. The contribution margin ratio, which is the difference between total sales and total variable expenditures, may be used to determine it by dividing the total fixed expenses by it.

The company's contribution margin ratio in the hypothetical situation is 45.58%. Assuming stable total sales, the company's overall contribution margin ratio would go down if the sales mix shifted towards product r38t, which has a lower contribution margin ratio than product x08s. As a result, the company's overall break-even point would rise since it would take more revenues to pay its fixed expenses.

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In his book "Better, A Surgeon's Notes on Performance," Gawande discusses the core requirement for medicine and how doing it right in medicine relates to this requirement.

To support the critical analysis, three articles can be used. These articles should focus on different aspects of doing it right in medicine and provide evidence and examples to support the analysis. Here is a step-by-step breakdown of how the articles can be used:

1. Start by summarizing Gawande's perspective on the core requirement for medicine as outlined in "Better, A Surgeon's Notes on Performance." This can include his emphasis on high-quality care, the importance of effective and compassionate treatment, and the need for constant improvement in the field.

2. Select the first article that supports the critical analysis. This article should provide evidence or examples of how doing it right in medicine aligns with the core requirement for medicine. For example, it could discuss a study that shows how implementing standardized protocols and checklists improves patient outcomes and enhances the quality of care.

3. Summarize the key findings or points from the first article and explain how they relate to the core requirement for medicine discussed by Gawande. Use clear and concise language to ensure the understanding of the reader.

4. Repeat steps 2 and 3 for the second and third articles. Each article should focus on a different aspect of doing it right in medicine and provide evidence or examples to support the critical analysis.

5. Conclude the summary and discussion by highlighting the main points and demonstrating how the three articles collectively support the argument that doing it right in medicine is essential to fulfilling the core requirement for medicine.

Remember to provide citations for the articles used in the analysis and to maintain a clear and concise writing style throughout the response.

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Answer:

true

Explanation:

Whether to see your charges every withdrawals and deposits you make

Answer:

Money of rewards need to be greater than annual fee. APR because it determines interest you pay on balance you carry.

Explanation:

Answer:

Explanation:

The quotation "If you look at the people in your circle and you don’t get inspired, you don’t have a circle you have a cage" is written by "Nipsey Hussle" an American entrepreneur and activist.

In life, there are ups and downs. People require some support in every phase of life either in ups for not getting pride which may lead to a downfall in the next phase and in downs for pushing you up and not letting you get depressed and move forward to achieve the biggest.

The quote well explains this theory and if you don't find it around you, it suggests you increase the diameter of your circle and find the right people in a healthy way.

Customer is termed as the individual that consumes or uses the goods and services that are availed to them for their satisfaction or need fulfillment. The customers are known as the king of the market that decides the production of the goods and the services.

The correct answer for the blank is  b. customer relationship management.

Customer Relationship Management is termed as the process or the activities that manage the company's relationship and communications of the customers with the firm and manage to explore the potential customers or the new customers.

The main aim of CRM is to build and construct good relationships between the customer and the firm. It connects the corporate sector with the customers in order to let them know about their services.

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When an economy experiences high rates of economic growth and the growth is inclusive in nature, the lowest quintiles usually will get most of the income.

Economic growth refers to an increase in the production level of goods and services in an economy. Economic growth represents a country's ability to grow its economy and shows how attrative their markete is for investors to invest in the country.

When an economic growth is inclusive or called inclusive economic growth, a country's economic growth is fairly distributed across society and creates equal opportunity to all. Inclusive economic growth will decrease the inequality in an economy and close the gap between the highest quintile and the lowest quintile of a society.

Usually, in an inclusive economic growth, most income will go to the lowest quintile and improve their quality of living. These incomes will provide those people with more budget and buying power to increase their quality of life.

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Percentage is a mathematical representation of the relationship of ratio of two numbers and can be denoted by "%" sign.

Here a certain percentage of employees pay is withheld and we have to find out the amount in percentage using the given data.

Given,

Gross pay is $378.18

Deductions are $83.20

For calculating percentage we will put the base amount in denominator and the concerned amount on which the percentage has to be calculated in numerator and multiplying the outcome by 100.

\(\rm Percentage&= \dfrac{Deductions}{Gross\:pay} \times 100\\\\Percentage&=\dfrac{\$83.20}{\$378.18} \times 100\\Percentage&= 22 \%\)

Therefore the percent of their gross pay is being withheld is 22% , OPTION B is correct.

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The time period a mistake stays on credit card is 7 years.

Seven years after the initial date of the delinquency, late payments continue to appear on your credit reports. Even if you pay past-due debts, the late payment won't be removed from your credit record for seven years. Furthermore, it will still take seven years for your payment to drop off, regardless of how much later it is, say 30 days versus 60 days.

One late payment can have a significant effect on your credit because payment history is the main component of your credit score. The effect of a late payment, though, reduces over time, particularly if it's a one-time error and you make up for it with timely payments.

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The scatterplot for Zapatos decorating and food cost is shown below. Decor rating versus cost 25 20 o o O 0 O Decor O 0 O O O O O 15 o O 8 8 Oo ooo O 10 O 000 o T 20 10 30 40 50 50 70 Cost (5)The correlation between these two variables likely is 0.6, hence correct option is b.

It can be observed from the scatterplot that Zapatos decorating and food cost have a positive correlation since the points on the scatterplot rise from left to right. The higher the decor rating, the higher the food cost.Therefore, the correlation between these two variables likely is 0.6.Therefore, the correct answer is option b.

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The management factor that contributed to this problem was the lack of oversight and risk management practices and Technology was related to the bank’s operational efficiency and decision-making capability.

A. The problem described in this case study is the significant losses incurred by Deutsche Bank due to its inability to effectively manage its risk exposure. The management factor that contributed to this problem was the lack of oversight and risk management practices, while the organizational factors included a lack of clear accountability and a culture that prioritized short-term profits over long-term stability. Technology factors that contributed to the problem included the inadequate and fragmented risk management systems, lack of integration between systems, and the reliance on outdated technology.

B. Technology was related to the bank’s operational efficiency, decision-making capability, and business strategy by serving as the foundation for its risk management systems. The use of technology allowed the bank to track and manage its risk exposure in real-time, make informed decisions, and pursue its business strategy with a clear understanding of its risk profile.

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Private property rights give owners the incentive to use resources efficiently because owners have the right to decide how to utilize their property, and they are motivated to choose the option that maximizes their financial gain.

When individuals have exclusive ownership over resources, they bear the costs and benefits associated with their use. This creates an economic incentive for owners to consider the most efficient and productive use of resources.

Private property rights provide individuals with the freedom to make decisions regarding their property, including how to allocate resources, invest in improvements, or engage in economic activities.

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The Starbucks will give the order to the customer and the narration of this statement is just below.

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Based on the descriptions of the economy, the type of economy that country b has is a developed economy.

A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.

Examples of developed economies are United States, Switzerland.

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Answer:

Q1. Non price model

Q2. How free enterprise "freedom" of ownership and profit are demonstrated includes

1) Snap-on tools ability to make and sell their tools for profit

2) Snap-on tools ability to sell out of mobile trucks, rather than store

3) Snap-On tool is able to offer credit financing to the its customers

Q3 The risks are,

a) Damage to reputation

b) Joint liability

c) Compliance to commercial regulations

Explanation:

A non-price competition is a form of marketing strategy, whereby a company or establishment puts in place distinguishing factors in its goods and or services, in order to distinguish them from competing goods or services.

The most ethical thing for Elizabeth to do is write down the actual time she arrived and the actual time she finished.

A Ethical values are personal or business values that guide the way through which it is done while in compliance with laws and regulations.

Hence, in this case, the most ethical thing for Elizabeth to do is write down the actual time she arrived and the actual time she finished.

Therefore, the Option A is correct.

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Organizational culture refers to the proper way to conduct and behave within an organization.

Organizational culture refers to the way of behaving within organizations. The organizational culture involves the common beliefs, expectations, values, and practices established by the concerned authority that guide and direct the actions of employees working in the organization. A positive organizational culture is vital to establishing the characteristics necessary for the success of the organization.

Since positive organizational cultures provide a base for improved performance, there are multiple outcomes associated with them such as raising market shares,  improving organizational outcomes, boosting work attitude, making customers more satisfied, and increasing the financial performance of the business.

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1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.  

Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.

2. The real return on my investment in Amazon.com Inc was a net loss of  7.12% or $667.60.

3. The company I selected to buy its stock three years ago was Amazon.com Inc.

4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.

5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.

6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.

Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.

The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).

Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)

Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)

Tax (10%) = $1,024.40 ($10,244 x 10%)

Inflation (3%) = $307.32 ($10,244 x 3%)

Administration fee on sales (2%) = $204.88 ($10,244 x 2%)

Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)

Loss on returns = $667.60 ($8,707.40 - $9,375)

Loss percentage = 7.12% ($667.60/$9,375 x 100)

Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.

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Answer:

The price of the cereal would fall.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.

The false statement about labeling is: b) Labels do not have to disclose nutritional information. The correct option is b.

The statement is false because labels are often required to disclose nutritional information, especially in many countries where food labeling regulations mandate the inclusion of nutrition facts.

Nutritional information on labels provides consumers with important details about the content of the product, such as calories, macronutrients, vitamins, and allergens. This information helps consumers make informed choices about their dietary needs and preferences.

The other statements (a, c, d, and e) are true. Labels serve multiple functions, including facilitating product identification, describing the product, indicating product quality, and playing a promotional role by showcasing key features, benefits, or branding elements.

Labels are essential tools for communicating information about products to consumers, enabling them to make informed purchasing decisions. The correct option is b.

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The dollar amount of each monthly payment that is interest is $116.67 and the percent of the total payments that is total interest is 28.15%.

Monthly payment for a loan refers to the regular repayment of the debt by an individual to the lender that is distributed over time, usually in equal installments. The monthly loan payment was calculated at 119 payments of $232.22 plus a final payment of $231.69 and based on the given information we are to find the following:

To find out the dollar amount of each monthly payment that is interest, we have to first consider the following: Loan Balance: $20,000.00Loan Interest Rate: 7.00%Monthly Loan Payment: $232.22Number of Payments: 120Cumulative Payments: $27,865.87Total Interest Paid: $7,865.87

If the monthly loan payment was calculated at 119 payments of $232.22 plus a final payment of $231.69, then the interest paid each month is given by the difference between the monthly payment and the principal payment. The calculation is given as follows: Principal Payment = Monthly Payment - Interest Payment Interest Payment = Monthly Interest Rate * Current Outstanding Principal Current Outstanding Principal = Loan Balance / Number of Payments

Remaining Principal = Current Outstanding Principal - Principal Payment Interest Payment = Monthly Interest Rate * Current Outstanding Principal= 7.00% / 12 * $20,000= $116.67

Principal Payment = Monthly Payment - Interest Payment= $232.22 - $116.67= $115.55Hence, the dollar amount of each monthly payment that is interest is $116.67.2.

To find out the percent of the total payments that is total interest, we have to first consider the following: Loan Balance: $20,000.00Loan Interest Rate: 7.00%Monthly Loan Payment: $232.22Number of Payments: 120Cumulative Payments: $27,865.87Total Interest Paid: $7,865.87

The percentage of the total payments that is total interest is calculated by dividing the total interest paid by the cumulative payments and multiplying by 100

.Percent of Total Payments That is Total Interest= (Total Interest Paid / Cumulative Payments) * 100= ($7,865.87 / $27,865.87) * 100= 28.15% . Therefore, the dollar amount of each monthly payment that is interest is $116.67 and the percent of the total payments that is total interest is 28.15%.

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Answer:

The accountant federation

Answer:

A business organization wholly or party owned by the state and controlled through a public authority is called public Enterprise.

Government ownership and control,main motive of service,autonomy,continuity is one feature of public Enterprise.