Answer:
A) Norming
Explanation:
A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases journal
Answer: b
Explanation:
If there is an anticipated rise in income, a consumption smoother will exhibit _____ in consumption, and a hand-to-mouth consumer will exhibit _____ in consumption.
The difference in the level of consumption of a consumption smoother and a hand-to-mouth consumer based on anticipated increase in income.
If there is an anticipated rise in income, a consumption smoother will exhibit increase in consumption, and a hand-to-mouth consumer will exhibit no change in consumption.Consumption smoothing can be defined as a process of achieving a balance between expenses on today's needs and saving for tomorrow (future). It is used to regulate spending and saving during different phases of life (increase or decrease in income.Hand-to-mouth consumer is a consumer who spends all his income on consumption. He doesn't save because he earns low income.Read more:
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False. Elites do not necessarily use omnivorous tastes to generate status through cultural consumption.
The notion that elites use omnivorous tastes to generate status through cultural consumption is a commonly discussed concept in cultural sociology. However, this claim is not universally true.
While it is true that some elites may engage in omnivorous cultural consumption, consuming both high and popular culture, it is not a defining characteristic of all elites. Elites' cultural consumption patterns can vary greatly depending on individual preferences, social contexts, and cultural capital.
Elites, often characterized by their wealth, power, and social status, may choose to engage with high culture, such as classical music, literature, and fine art, as a way to signal their cultural sophistication and exclusivity. However, this does not necessarily mean that they exclusively consume high culture or reject popular culture. Many elites also appreciate and consume popular culture, recognizing its social relevance and appeal.
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Denise wants to clearly communicate and create a ________, a key input control, before her team tackles business activities. This way the team will be able to better allocate her firm’s scarce resources in order to accomplish the tasks at hand.
Answer:
budget
Explanation:
Denise wants to clearly communicate and create a budget which is the key input control. This way the team will learn to allocate the firm's scarce resources.
Better allocation of the firm's scarce resources in order to accomplish the task can be done by clearly communicating and creating a budget.
What do you mean by budget?Budget is an estimated income and expenditure for a period of time.
By clearly communicating and creating a budget, the team will be able to better allocate the firm's scarce resources.
Thus, Denise wants to clearly communicate and create a budget, a key input control, before her team tackles business activities. This way the team will be able to better allocate her firm's scarce resources in order to accomplish the task at hand.
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Managers who accept the assumptions of Theory X have the following characteristics EXCEPT:
The options were not listed. However, to help you answer the question, we will look at a general overview of Theory X managers. Generally, Theory X managers;
Have a pessimistic view of employeesBelieve that employees have to be forced to work.Think that rewards and punishments are the only ways to motivate employees to work.Control, threaten, and supervise employees to get work done.Given these assumptions held by Theory X managers, you can now select an option that does not fit into the descriptions.
The theories X and Y assumptions were developed by Douglas McGregor to show how the beliefs that employers hold about their employees can affect their work relationships with them.
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DEF Ltd is a global leader in the manufacture, integration and support of networking and telecommunications systems. The company sells broadband wireless products and a line of handset equipment to operators in emerging and established telecommunications markets worldwide. The auditor reported material weaknesses in the company’s internal controls to the audit committee. Significant deficiencies related to revenue and deferred revenue accounts and the associated cost of sales were noted. These material weaknesses were evidenced by the identification of six separate transactions aggregating approximately $5 million in which revenue was initially included in the Company’s financial statements before all criteria for revenue recognition were met. In addition, there were other transactions for which there was insufficient initial documentation for revenue recognition purposes, but which did not result in any adjustments to the Company’s financial statements. If unremediated, these significant deficiencies have the potential of misstating revenue in future financial periods. The Company’s planned remediation measures reported to the audit committee include the following: a. The Company plans to design a contract review process in China requiring financial and legal staff to provide input during the contract negotiation process to ensure timely identification and accurate accounting treatment of nonstandard contracts. b. The Company conducted a training seminar regarding revenue recognition, including identification of nonstandard contracts, in Australia and a similar seminar in China. The Company plans to conduct additional training seminars in various international locations regarding revenue recognition and the identification of nonstandard contracts. c. The Company will begin requiring centralized retention of documentation evidencing proof of delivery and final acceptance for revenue recognition purposes. Required: 1. Using the disclosures above as a starting point, brainstorm about the challenges regarding intern
Some of the challenges of this company include lack of control over financial reporting in all branches, and inaccurate data to make decisions for next years.
DEF Ltd's main problem is the inaccuracy regarding the recognition of revenue and other inconsistencies in financial reporting. This problem includes:
Inaccuracies related to revenue and deferred revenue.Lack of documentation of some transactions.Moreover, these problems are intended to be solved through a review process and training seminars. These two ideas are useful for the problem; however, the company might face some challenges and problems such as:
Lack of control in all branches: DEF Ltd seems to be a big company with multiple branches around the world. This makes it difficult for the company to control all financial records even if employees are educated about the process through seminars.Inaccurate data for next periods: Considering there are lots of inconsistencies and some of the reports are incomplete, it is likely even after the review process the company does not have complete information about the previous transactions or revenues. This can affect future projections and decisions.Note: This question is incomplete; here is the missing part:
Using the disclosures above as a starting point, brainstorm about the challenges regarding internal controls and that a company may face in doing business internationally?
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Assume Barnes’ Boots has a debt-equity ratio of .52. The firm uses the capital asset pricing model to determine its cost of equity. Accordingly, the firm’s estimated cost of equity:
Considering the situation described in the question, accordingly, the firm’s estimated cost of equity "is dependent upon a reliable estimate of the market risk premium."
This is because the cost of capital of a business firm should accurately balance the cost of debt and the cost of equity.
Also, it should be noted that the average market risk premium in the United States will be around 5.5 percent in 2021.
Hence, in this case, it is concluded that the correct answer is that the firm’s estimated cost of equity "is dependent upon a reliable estimate of the market risk premium."
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Tell us this if you have a job or allowance how much do you take home per week
Answer:
I have an allowance for 100 a week. I take care of the wolves, horses and leopards at my parents santuary. Its the best job ever
Explanation:
What is a key factor you should consider when determining asset allocation
and diversification?
A. Rate of return
B. Real estate holdings
C. Avoiding similar investments
D. Portfolio size
Answer: Did u find out the anser?
Explanation: Im taking the quiz now
Answer: rate of return
Explanation: did the test
An example of a strategic plan would be
O retiring with no debt.
O winning a sporting event.
O earning extra money.
O doing inventory.
In the market for labor, demand describes
A. the quantity of labor that workers are willing to provide
B. the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay.
C. the relationship between the quantity of labor that workers are willing to provide and the wages they are willing to accept.
D. the quantity of labor that firms are willing to hire.
Answer:
b.
Explanation:
question 1:
in the market for labor, demand describes:
c) the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay
question 2:
the derived demand for labor comes from the:
d) demand for the goods and services that the labor produces
question 3:
olivia is considering working a secretary job for a small law firm. given the opportunity costs of working the job, she will not accept a wage less than $12 per hour. which of the following is likely to raise olivia’s reservation wage?
a) olivia learns that the job is more challenging than she initially thought
question 4:
which of the following describes the substitution effect?
c) as wages increase, an individual’s leisure becomes more costly, making him less likely to choose leisure over labor
question 5:
in response to a lack of qualified nurses in the area, a state government has funded a campaign to increase the number of high school graduates interested in nursing careers. if successful, the campaign would:
d) shift the labor supply curve to the right
i got 100%
Debt: 9,700 7.2 percent coupon bonds outstanding, with 23 years to maturity and a quoted price of 105.75. These bonds have a par value of $1,000 and pay interest semiannually. Common stock: 260,000 shares of common stock selling for $65.20 per share. The stock has a beta of .97 and will pay a dividend of $3.40 next year. The dividend is expected to grow by 5.2 percent per year indefinitely. Preferred stock: 8,700 shares of 4.60 percent preferred stock selling at $94.70 per share. Market: 11.3 percent expected return, a risk-free rate of 3.95 percent, and a 22 percent tax rate. What is the company's WACC
Answer:
65.20
Explanation:
you divided
Based on the data below, how would the inventory appear on the balance sheet, assuming that the lower of cost or market is used and the cost is determined by the First-in, first-out (FIFO) method? Total cost: $248,000 Total market: $252,350 Lower-of-cost-or-market (LCM): $239,350 The inventory would appear in the current assets section, as follows: Inventory-at lower of cost (first-in, first-out method) or net realizable value $fill in the blank 3. Feedback
The inventory would appear in the current assets section as Inventory-at lower of cost or the net realizable value at the amount $239,350.
The net realizable value is a valuation method used in inventory accounting to determine the value of an inventory by calculating the asset sold, less estimated costs of selling.
In conclusion, the inventory would appear in the current assets section as Inventory-at lower of cost or the net realizable value at the amount $239,350.
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Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies. Her investments are best described as a(n):
If Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO
A range of investments owned by an individual is termed a portfolio.
For instance, when an individual owns different stocks, bonds, and businesses in diverse companies, such an individual is known to have a portfolio.
Portfolios are important for long-term financial goals even though the returns on such portfolios are not immediate.
According to the question, if Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO
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Select the correct answer.
Enrico owns a bath and bed linen shop in downtown. He receives a huge contract from a nearby spa for premium quality towels that he has to replace every three months. To procure the order of towels, Enrico pays additional amount to the wholesaler. To practice business ethics, what should Enrico do?
A.
cancel the order and refer the customer to another vendor
B.
deliver towels of a different quality that cost less
C.
deliver premium quality towels at the promised rate, despite earning less profit
D.
deliver premium quality towels at a higher price, including the additional cost
E.
deliver half the order of premium quality towels and the other half of an inexpensive type
Answer:
c
Explanation:
diliver premium quality towels at the promised rate
your company is trying to decide between two alternatives,truck a is relatively cheap truck cost $100000 and has 6 years life during wich it will produce anannual cash flow of $150000.truck b is much more expensive it cost $250000and has only a 3 year life after wich it has to be replaced.however truck b is much more efficent than truck A.and during each of 3 years of its life it produce a cash flow of $300000 and company cash flow is 12%.calculate AEA and wich truck is better
Answer:
the answer is a. because $150000 is already enough and if there are problems with the truck you can fix it with the money the truck makes so pick truck a.
3.Which of the following is the element that distinguishes legal rules from other social rules? Financial sanction Exclusion Public condemnation
Answer:financial sanction
Explanation:
Imagine a world where there are only two countries. In country A, the people spend 80% of their marginal income. In country B, the people spend 60% of their marginal income. In which country would fiscal policy be more effective and why
Based on the percentage spent out of their marginal income, the country where fiscal policy would be more effective is Country A
The country where fiscal policy would be more effective is the one that has a higher multiplier.
Multiplier is calculated as:
= 1 / ( 1 - Marginal propensity to consume)
Marginal propensity to consume is the percentage spent out of marginal income.
Country A multiplier:
= 1 / ( 1 - 80%)
= 5
Country B multiplier:
= 1 / ( 1 - 60%)
= 2.5
In conclusion, fiscal policies would be more effective in Country A.
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Bram Johnson invests $500 at the end of each quarter for 10 years. The account earns 8% interest annually. What is the value of the account at the end of 10 years
Based on the period of investment, the amount invested and the annual interest, the value will be $30,201.
As the same amount is invested every time, this is an annuity. The future value of an annuity is calculated as:
= Amount x ( ( 1 + rate) ^ number of periods - 1) / rate
Rate = 8% / 4 quarters in a year = 2% per quarter
Period = 10 x 4 quarters = 40 quarters
Future value is:
= 500 x ( ( 1 + 2%)⁴⁰ - 1) / 2%
= 30,200.99
= $30,201
In conclusion, the account would be worth $30,201.
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g A company purchased equipment and signed a 5-year installment loan at 10% annual interest. The annual payments equal $10,900. The present value for an annuity (series of payments) at 10% for 5 years is 3.7908. The present value of 1 (single sum) for 5 years at 10% is .6209. The present value of the loan is:
What does an administrative Assistant do
Answer: Secretaries and administrative assistants do routine clerical and organizational tasks. They arrange files, prepare documents, schedule appointments, and support other staff.
Define Business Plan?
Answer:
business plan
a document setting out a business's future objectives and strategies for achieving them.
"The company is scheduled to pitch its business plan in June"
Explanation:
Answer:
Business plan is the the plan to create our own business and do planning for the business. I hope it would help you
Assuming that Tim is 76 years old at the end of 2020 and his marginal tax rate is 32 percent, what amount of his distribution will he have remaining after taxes if he receives only a distribution of $50,000 for 2020
The amount of Tim's distribution that will remain after deducting taxes is $34,000.
Data and Calculations:
Tim's age at December 31, 2020 = 76 years
Tim's marginal tax rate = 32%
Distribution received in 2020 = $50,000
Remaining distribution after taxes = $34,000 ($50,000 x(1 - 32%)
Thus, it implies that Tim will pay taxes amounting to $26,000, which represents 32% of the distribution, and then, he will have $34,000 remaining.
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What is the name of the legal system that gives judicial decisions the force of law? A Commmon Law B European Law C Civil Law
Answer:
the answer is A) common law
Businesses have been using software in order to establish a base of information that will help them reach out to customers in various ways to establish long-term relationships. The acronym for this type of software is _____
Answer: CRM
Explanation: (Customer Relationship Management)
The acronym for this type of software used by businesses to establish a base of information is known as CRM.
CRM is an acronym for Customer Relationship Management.
The CRM software allows a company to store the customer or prospect contact information, record service issues, manage marketing campaigns in a central location.
The The CRM software helps are utilized for executing focused marketing and sales process because they helps in accumulation and analysis of important customer information.
Therefore, the acronym for this type of software used by businesses to establish a base of information is known as CRM.
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Campbell Manufacturing intends to start business on January 1. Production plans for the first four months of operations are as follows:January 8,000 unitsFebruary 20,000 unitsMarch 28,000 unitsApril 28,000 unitsEach unit requires two pounds of material. The firm would like to end each month with enough raw material to cover 25 percent of the following month’s production needs. Raw material costs $7 per pound. Management pays for 40 percent of purchases in the month of purchase and receives a 10 percent discount for these payments. The remaining purchases are paid in the following month, with no discount available.a. Prepare a purchases budget for the first quarter of the year in units, in total, and in dollars.Note: Do not use a negative sign with your answers.January February March QuarterUnits produced Pounds per unit x 2 x 2 x 2 x 2Pounds needed EI in pounds Total required Less BI Pounds to purchase Cost per pound x $7 x $7 x $7 x $7Total cost of RM b. Determine the budgeted payments for purchases of raw material for each of the first three months of operations and for the quarter in total.PaymentsJanuary February March QuarterJanuary purchases February purchases March purchases Total
Answer:
k'Poliuykukkkkkk
Explanation:
During qualifying, a salesperson is making sure that customers:
Answer:
have a need for the product
have the authority to buy
have the willingness to listen to a sales message
Answer:
Have a need for the product
Explanation:
I hope it helps
A customer pays you monthly for the hours you spend on maintenance during the month, so your invoice amount varies from month to month. The recurring transaction you set up for this invoice should be set to _____.
Considering the situation described above, the recurring transaction you set up for this invoice should be set to "Reminder."
This is because setting the invoice in the Reminder would let the customers be aware of when to make the recurrent pay for the monthly maintenance services or to let the customer be aware that they missed an invoice.
The invoice reminder is expected to have the following details:
Invoice number,Amount due, Repayment period to show what the customer owes and when they owed it.Hence, in this case, it is concluded that the correct answer is "Reminder."
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1. Why we should manage a business?
You are charged with hiring a manager for a fast food restaurant. The operations within the store are highly standardized, and employees have very specific job descriptions. The person will be in charge of managing around thirty employees. There is a high degree of turnover among employees so retention will be an important priority. Most employees who work in the restaurant are young with low levels of work experience and few of them view the restaurant business as a full time career. The atmosphere in the restaurant has a fast pace. In this company, managers are often promoted from within and this position is an exception. Therefore, the incoming manager may not receive a warm welcome from employees who were passed over for a promotion and their colleagues. Finally, the position power of the manager will be somewhat limited because employees are unionized. Therefore, the manager will have limited opportunities for distributing pay raises or bonuses.
Required:
a. Identify the leadership traits and behaviors that are desirable for this position.
b. Design an approach to selecting this person.
c. Which methods of employee selection would you use?
Desirable leadership traits and behaviors for this position might be a motivational leadership style, focused on establishing effective communication and a sense of team belonging.
These leadership characteristics would be essential to encourage work and increase reliability, through effective communication, coordination based on cooperation and employee motivation, which can contribute to the reduction of turnover.
One approach to selecting this manager could be through interviews where the recruiter would identify the candidate's profile and experiences, to hire the person most aligned with the company's objectives.
Employees could be selected through curriculum analysis and interviews, where the working methods and employee training would be explained, in order to find the appropriate profile that would increase integration and motivation in the work environment.
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What will happen to the interest income of a 401(k) the longer you have the
plan?
A. The interest income will double.
B. The interest income will go down over time.
C. The interest income will stay the same.
D. The interest income will be compounded more.
Answer:
D. The interest income will be compounded more.
Explanation:
Answer:
the interest income will be compounded more
Explanation: i just took the unit test
