Answer:True
Explanation: when firms make price changes carefully and only if others follow their lead, it can help prevent a price war.
using the allowance method, which is the correct adjusting journal entry to record bad debt expense?
Using the allowance method, the correct adjusting journal entry to record bad debt expense is:
Debit Bad Debt Expense
Credit Allowance for Doubtful Accounts.
Bad debt expense can be define as the amount a company or organization assume are uncollectible because they felt the customer or client they loan would never pay back debt amount loan to them.
The appropriate adjusting journal entry to record bad debt expense is:
Debit Bad Debt Expense
Credit Allowance for Doubtful Accounts
(To record bad debt expense)
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Explain why financial management is an important aspect of a successful business .
Helps in improving the profitability of organisations; Increases the overall value of the firms or organisations; Provides economic stability; Encourages employees to save money, which helps them in personal financial planning.:
Can I get a free account
What learning experience (a class, a skill, an activity) have you had which you think will be most helpful to you in your life after high school? Describe the experience and explain why you think it will be helpful. 5-6 complete sentences.
Answer:
Marketing class because I want to own my a business. I had to learn the basics and all about a business. It taught me how to communicate and the structure of a successful business. By using that information, I will be able to succeed in the future. Now my next step is go to a more advanced class to learn even more about business.
A short-term creditor is primarily interested in the __________ of the borrower.
Answer:
A short-term creditor is primarily interested in the liquidity of the borrower.
Which elements of retail strategy would be most important for a company that has just decided to construct a brick-and-mortar storefront
The elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront is the:
PlaceAccording to the given question, we are asked to state the elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront.
As a result of this, we can see that the retail strategy which is the most important for the company is to make use of Place because the brick and mortar storefront has to do with the physical presence of a business and would be important for visibility of the store.
Therefore, the correct answer is Price
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donna is a hotel revenue manager preparing next year’s rooms forecast. donna knows that in november of next year a new hotel is opening near her own. as a result, she is considering reducing her rooms forecast for that month. if she does so, what data type will she be primarily using to make her decision?
Donna will definitely need Future data to facilitate her decision making.
Future data does not connote its name, but rather, it is a kind of data which seems to predict something that might or not affect one in future.
Future data allows for predictive analysis, forecasting and enables companies to drive innovation.
Therefore, the type of data that will need to facilitate her decision making is called Future data.
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In order to be successful, P&G relies on its relationship with Walmart to stock its products and Walmart relies on its relationship with P&G to increase sales. This best exemplifies which factor of successful strategic relationships?
Strategic relationship is very important in any partnership. This best exemplifies the interdependence factor of successful strategic relationships.
The strategic relationship between Walmart and Procter & Gamble is based on interdependence because both firms knows that investments in supply chain management will bring about more savings for consumers.
The factors that is affecting alliance success are known to be a good relationship with the partner, mutual trust, a minimum commitment between the parties, and having a clear objectives and strategy.
Interdependence is simply known as a balance of self and others within the relationship, known fully well that both partners are working to be present and meet each other's physical and emotional needs in the right ways.
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a ________ leader is one who focuses on providing increased service to others.
According to leadership management, a servant leader focuses on providing increased service to others.
This is because a servant leader is someone who ensures there is available provision for his followers.
He ensures and assists his team in meeting their target that will benefit both the group and organization as a whole.
Hence, in this case, it is concluded that the correct answer is "Servant leader."
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a collection of calculations scribbled by which famous scientist sold for more than $11 million at a paris auction?
The collection of Albert Einstein's calculations was sold for more than $11 million at the Paris Auction House, Christie.
The buyer of the rare manuscript has remained unknown. Even the exact amount of the auction is unknown.
The manuscript contains the calculations that Albert Einstein carried out to describe what is known as Einstein's general theory of relativity.
Thus, Albert Einstein's collection of calculations sold for more than $11 million at the Paris Auction House, Christie.
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Your college bookstore is responsible for the gathering, sorting, and dispersing of books required for a literature course on campus, which would be an example of the ________ functions that intermediaries perform.
The function of gathering, sorting, and dispersing books required for a literature course by the college bookstore is an example of b. logistical functions that intermediaries perform.
The bookstore is an intermediary between the students (customers) and the publishers (suppliers) of the literature book. The bookstore is not performing a transactional, transitional, or facilitating function.
Thus, the college bookstore performs a logistical function by managing the inventory, transportation, and warehousing needs of the college.
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In the near future, the world is unlikely to exhaust its usable oil supplies because it is possible to use more unconventional heavy oil from depleted oil wells and other sources. Increasing the use of heavy oil will likely result in ________, among other consequences.
One major consequence of using heavier oil is that the oil will result in lower energy yields.
There are several types of oil used for energy:
Very light oil Light oil Heavy oilVery light and light oils have high energy yields such that then they are processed, they give off gasoline that gives more energy when used. Heavy oils on the other hand, do not have as much energy and so give off less energy when used.
In conclusion, heavy oil gives less energy yields.
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☆free answer☆
A tax added to the cost of an item bought at a store is a(n).
A. income tax
B. sales tax
C. credit tax
D. property tax
Answer: B. sales tax
Answer:
sales tax thank you for free anwser
According to Becca Aaronson, product management is even more complicated for journalism and news because of the added challenge of integrating _________________ into the overall product strategy.
Product management in journalism and news is more complicated and challenging because of the inclusion of Ethics and Editorial requirements.
In journalism and news these days:
There is an emphasis on being ethical in reporting There is also an emphasis on ensuring the accuracy of the news before it is spread so as not to encourage fake news.This has made reporting much harder and more complicated because it requires those that are involved to be more diligent and thorough which takes more time and resources.
In conclusion, news and journalism is more complicated as a result of stronger editorial and ethics requirements.
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the overall sacrifice a consumer makes to acquire a product or service is known as
The overall sacrifice a consumer makes to acquire a product or service is known as price.
All the products and services offered in the market have a price, which is the money that the consumer or client must pay to complete the operation.
The price, at a conceptual level, expresses the value of the product or service in monetary terms and the overall sacrifice that the consumer must give to acquire said product or service.
Raw materials, production time, technological investment and competition in the market are some of the factors that influence price formation.The increase in prices over time is known as inflation, while the opposite trend is called deflation.Therefore, we can conclude that the overall sacrifice a consumer makes to acquire a product or service is known as price.
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Nvidia Where could your company achieve cost reductions in disposal of scrap, surplus, and/or obsolete materials? Give an example
Answer:
None of your business, you're just a peasant who buys my products and you will keep buying 'cause I have monopoly. Peasants have no saying in multi-milion dollar business cost decisions or anything for that matter.
Explanation:
don't take it seriously and I'm not from nvidia just in case they try to sue me
Which of the following statements best explains why the Racketeer Influenced and
Corrupt Organization (RICO) Act (Title IX of the Organized Crime Control Act) is the
most effective measure against any type of organized crime?
The Racketeer Influenced and Corrupt Organization (RICO) Act is a Federal law in the United States that provides extended criminal penalties for the acts that were performed as being part of an ongoing criminal organization.
The question is incomplete as you didn't provide the options. Therefore, an overview of Racketeer Influenced and Corrupt Organization (RICO) Act will be given. The Racketeer Influenced and Corrupt Organization (RICO) Act was a statute of the organized crime control act of 1970.
The main aim of the organization was to prohibit the use of proceeds that were gotten from criminal operations to be used to acquire legitimate operations.
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What ensures that stock prices fully incorporate all available information Group of answer choices Cognitive biases Trading costs Random walk Arbitrage
The term that ensures that stock prices fully incorporate all available information is random walk.
It should be noted that relevant information is incorporated into the current prices of stock.
Stock prices follow random walk. Stock analysts ensure that stock prices reflect all available information. Also, the stock with the greatest return to risk ratio is the most efficient stock.
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Valerie wants to buy a home in the suburbs, but she only has enough money to make a 17% down payment. The lender tells her that, until she saves enough to make at least a 20% down payment, she will have to wait to purchase. Evaluate if Valerie's lender is correct, and why/why not.
Answer:
Valerie's lender is wrong.
Explanation:
Valerie's lender is wrong. For most loans she should have the option of purchasing PMI if she can't make 20% down payment.
The part of the formal business plan in which you discuss the industry, business structure, products and services, and how you plan to make your business a success is called the ______.
The executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
The business plan is a formal and written document which outlines the goals of the company, shows tasks to be performed and shows the financial plans to be use to accomplish the outlined goals.
The part of the business plan includes:
Executive summary shows the summary of key points in the business plan.Marketing plan shows the promotion and marketing plans of the business.Key management bios shows the planned management structure of the business Financial plan shows the finance plans of the businessTherefore, the executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
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Which of the following is NOT an advantage of paying bills online?
A. You save the cost of postage associated with mailing checks.
B. If you pay by check, you will have a record of your payment.
C. If you pay a fee for every check you write, you save on bank fees.
D. The ability to pay bills while away from home on vacation.
D i not sure forget me if it wrong
Although Alexander Hamilton developed policies to promote industry at the beginning of the American republic's history, it was not until _______________, that the federal government began playing a central role in promoting economic growth.
It was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.
Alexander Hamilton is regarded as one of U.S. Founding Father, author of the Federalist papers and first secretary of the U.S. treasury.
Some of Alexander Hamilton ideas created the National Bank, founded the U.S. Mint and created a system to levy taxes on luxury products.
Alexander Hamilton developed economic policies to promote industry at the beginning of the American republic's history but it was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.
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A ________ is an individual who pays a lump sum plus a royalty on all sales to a specific company in return for the right to operate a business in a specific location.
A Franchisee is an individual who pays a lump sum plus a royalty on all
sales to a specific company in return for the right to operate a business in a
specific location.
A franchisee is an individual who is giving the right to sell its products under
particular company name . The franchisee pays the company a certain
percentage of sales as royalty.
The targeted companies are usually those who have a very high brand
equity and customer base .They have been able to sustain and thrive in the
economy over a long period of years
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Scenario 1
A family on a five-day cruise to the Bahamas books a snorkeling trip during one of the days the ship is docked at the island of Nassau. But the day of their excursion, the weather is pretty bad. The company running the excursion—which is endorsed by the cruise line—won’t give them a refund, though, and says the trip goes “rain or shine.” Feeling that the trip would not be safe for their children, the family decides not to go but heads immediately to the cruise guest services department to complain.
What are the facts?
How does the guest feel?
How would you acknowledge the guest’s feelings?
What would be your solution?
How would you follow up with the guest?
What are the facts?
The family paid for a trip, the policy states that the trip goes no matter the weather, the family does not find the conditions to satisfy their safety requirement, they are complaining and would like a refund on that excursion.
How does the guest feel?
They are upset, and hope to receive re-compensation for their failed excursion.
How would you acknowledge the guest’s feelings?
State that you understand what they are going through, that you are trying to accommodate for the current situation, and are looking to resolve the problem with all parties in a reasonable matter.
What would be your solution?
The solution would be to provide a service on the cruise that they had previously not opted for of similar price. Due to the fact that the company running the excursion is not part of the cruise line, but has been endorsed by us, our responsibility is not to refund but to offer alternatives to the unfortunate event.
How would you follow up with the guest?
I would check-on on the guests and see how they are enjoying their stay, offering complimentary items to relax them and prevent further escalation.
A call option with a strike price of $50 on a stock selling at $55 costs $6.50. What are the call option's intrinsic and time values
Based on the information given the call option's intrinsic is $5.00, and time values is $1.50.
a. Intrinsic value
Using this formula
Intrinsic value=Stock selling price-Strike price
Let plug in the formula
Intrinsic value=($55-$50)
Intrinsic value=$5.00
b. Time values
Using this formula
Time values=Stock Cost price-Intrinsic value
Let plug in the formula
Time values=$6.50-$5.00
Time values=$1.50
Inconclusion the call option's intrinsic is $5.00, and time values is $1.50.
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_______ accounting provides information for managers within an organization, whereas _______ accounting provides information primarily for those outside an organization. Group of answer choices
According to accounting principles, Cost accounting provides information for managers within an organization, whereas Financial accounting primarily provides information outside.
This is because Cost accounting is a method that estimates the figures that deal with costs of obtaining or gathering resources in an organization. Managers generally use it to make provisions for the production process.
On the other hand, Financial accounting calculates a company's financial position to outsiders or external bodies like investors, banks, and governing or monitoring bodies.
Hence, in this case, it is concluded that the correct answer is "Cost" and "Financial" accounting, respectively.
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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: LOADING.... Thereafter, the free cash flows are expected to grow at the industry average of per year. Using the discounted free cash flow model and a weighted average cost of capital of : a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of million, and million shares outstanding, estimate its share price.
Answer:
Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: (Click on the following icon in order to copy its contents into a spreadsheet.) 2 3 Year FCF (5 million) 53. 6 66.2 78. 6 4 75. 3 . 5 82.5 After that, the free cash flows are expected to grow at the industry average of 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal The enterprise value will be $ million. (Round to two decimal places.) b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. price. The stock price per share will be $ (Round to two decimal places.)
Explanation:
Mediating trade disputes among nations and overseeing cross-border trade issues and global business practices are functions of:
The body that has been tasked with the roles described above is none other than the World Trade Organization.
The World Trade Organization:
Works to increase the ease of international trade Oversees international trade and negotiates amongst countries over trade disputes Pushes for the reduction of trade barriersThe World Trade Organization has done a lot of work to try to improve international trade because they believe it is beneficial to humanity.
In conclusion, the roles described are that of the World Trade Organization.
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What economic choices did Teasha have to make? *
The economic choices that Teasha had to make most probably related to decisions on how she was to use the resources available to her.
What are economic choices?These are decisions that people have to make based on the resources that are available to them.
It is assumed that resources are scarce which means that you cannot do everything that you want to do, and will have to forgo certain alternatives. Teasha therefore had to make a choice between alternatives because resources were scare.
This is a general description on economic choices because the question is incomplete.
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In arbitration, what do leaders of the labor union and the representatives of company management agree to?
A. to bring a third party into their negotiations who has the ability to make binding decisions
B. to negotiate with one another and to understand that management reserves the right to make binding decisions for both parties
C. to bring a third party into their negotiations who will help them negotiate, but who does not have the power to make binding decisions
D. to negotiate with one another and to understand that the labor union reserves the right to make binding decisions for both parties
A. to bring a third party into their negotiations who has the ability to make binding decisions.
In arbitration, the parties involve usually appoint a third party who is impartial and who listen to both parties’ positions and arguments. Parties opt for a private dispute resolution procedure instead of going to court to settle their dispute.
In some cases, witnesses are called to give oral testimony and documentary evidence are collected where applicable with a view to resolving the dispute.
It is to be noted that parties to arbitration generally agree in advance that the resulting award will be final and binding upon them in an arbitration.
