A classic example of what can go wrong if a firm does not focus on the benefits a customer receives instead of the product itself was the railroad industry. That industry focused on improvements in trains and the rails themselves instead of O focusing on the transportation, not trains. including the stations and parking facilities in the modernization efforts. O focusing on the comfort of the riders. O expanding the number of trains to accommodate growth,

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Answer 1

That industry focused on improvements in trains and the rails themselves instead of: Focusing on the transportation, not trains. Including the stations and parking facilities in the modernization efforts.

What the Railroad Industry Can Teach Us About Focusing on Benefits Rather Than Products

The option focuses on the transportation, not trains. This is the correct option because the modernization efforts should include the stations and parking facilities.

The transportation industry has long been focused on the product itself rather than the benefits that customers receive. This has led to many problems, including a lack of modern facilities and a lack of focus on customer needs.

The railroad industry is a perfect example of this problem. For many years, the focus was on improving trains and rails rather than on the transportation experience as a whole. This led to a lack of modern facilities and a poor customer experience.

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Related Questions

true or false: economic forces are some of the more stable forces in the external business environment.

Answers

False



Economic forces are not some of the more stable forces in the external business environment

long-lived assets are . (check all that apply.) multiple select question. assets acquired for use over 1 or more years used by the business assets that will be used or converted to cash within 1 year always tangible intended for immediate resale

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Long-lived assets are assets acquired for use over 1 or more years used by the business.

What is long-lived assets?

long term assets are both tangible and intangible assets that the company will benefit from for more than one year. Fixed assets, also called fixed assets, can include fixed assets such as a company's tangible assets, but can also include other assets such as long-term investments, patents, copyrights, franchises, goodwill, trademarks and trade names, and software. .

long term assets are recorded in the balance sheet and are usually recorded at the price at which they were purchased and therefore do not always reflect the fair value of the asset. Long-term assets can be compared to short-term assets that can be conveniently sold, spent, used or utilized in the normal course of business within one year.

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While it might be less expensive for a US company to assemble automobile parts in New Zealand, these cost savings would be offset by ____________________ (transportation, labor) costs and make it impractical to move operations there.

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While it may be cheaper for US companies to assemble auto parts in New Zealand, these cost savings are offset by transportation costs, making it impractical to move operations there.

How can the cost of savings be improved?

Cost savings can be improved keeping in mind: Reduce expenses, Identify tools and resources that are critical to your business and consider deferring purchases of new items, Avoid IT upgrades, Invest in gear, Rethink research and development, reduce travel, Evaluate employee benefits, check the availability of facilities, Re-evaluate partnerships.

What are offset cost and how is it important?Compensation costs include the direct or indirect costs necessary to take actions that lead to cost avoidance. Charged costs are projected costs that are funded in the annual budget allocation but are not executed due to ongoing operations or are being redirected to meet higher priority needs.Cost reduction leads to increased sales. Reduced expenses increases a company's revenue and its profit margins. Reducing the cost of doing business proves to be an important factor in margins increase. Using a cost-saving solution can bring many benefits to your business

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All multinational corporations planning to issue equity or shares to the public must file a(n) ____________________ with the Securities and Exchange Commission.
A) Prospectus
B) Statement of Intent
C) Registration
D) Exemption

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All multinational corporations planning to issue equity or shares to the public must file a Statement of Intent with the Securities and Exchange Commission.

What does the Securities and Exchange Commission do?

The Securities and Exchange Commission (SEC) of the United States has three main objectives: safeguarding investors Maintain a just, organised, and effective market. encourage the production of capital.

What does a company's statement of intent entail?

A letter of intent is a statement of one party's tentative agreement to conduct business with another. The letter, which is frequently used in business transactions, summarises the key terms of a potential deal.

How long is an intent statement?

You should keep your statement of intent to two paragraphs or fewer (unless a programme requests additional pages). Be succinct. As a general guideline, it's recommended to use a single-spaced, 10–12 point font with adequate margins.

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during july, laesch company, which uses a perpetual inventory system, sold 1,320 units from its lifo-based inventory, which had originally cost $18 per unit. the replacement cost is expected to be $31 per unit. required: respond to the following two independent scenarios as requested. case 1: in july, the company is planning to reduce its inventory and expects to replace only 920 of these units by december 31, the end of its fiscal year. 1. prepare the entry in july to record the sale of the 1,320 units. 3. prepare the entry for the replacement of the 920 units in september at an actual cost of $36 per unit. case 2: in july, the company is planning to reduce its inventory and expects to replace only 260 of its units by december 31, the end of its fiscal year. 1. prepare the entry in july to record the sale of the 1,320 units. 2. in december, the company decided not to replace any of the 1,320 units. prepare the entry required on december 31 to eliminate any valuation accounts related to the inventory that will not be replaced.

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Leash company uses a perpetual inventory system and LIFO-based inventory. Leas has 1,320 units of inventory with original cost $13 per unit. Leash is planning to replace some of its inventory and expects its replacement to cost $31 per unit. The entries for each cases are:

Case 1: Leash replaces 920 units of its inventory with cost $36 per unit.

COGS (920 x $36 + 400 x $18)              $35,720

            Inventory (1,320 x $18)                                     $23,760

            Excess of inventory replacement costs         $11,960

Inventory (920 x $18)                               $16,560

Excess of inventory replacement costs $11,960

COGS                                                       $4,600

           Account Payable (920 x $36)                          $33,120

Case 2: Leash plans to replace 260 units of its inventory but then decides not to.

COGS (260 x $31 + 1,060 x $18)              $27,140

          Inventory (1,320 x $18)                                       $23,760

          Excess of inventory replacement costs           $3,380

Excess of inventory replacement costs  $3,380

          COGS                                                                  $3,380

Perpetual inventory system is an accounting method to record inventory of sales or purchasing activity immediately. Perpetual inentory allows a company to have real-time data about its inventory condition.

LIFO or last-in, first-out inventory basis allows a company to record its recent sales' inventory value based on the latest batch of inventory received.

From the question, we know that:

Original inventory = 1,320 units

Original cost = $18 per unit

Expected replacement cost = $31 per unit

Case 1

Inventory replaced = 920 units

Replacement cost = $36 per unit

COGS (920 x $36 + 400 x $18)              $35,720

            Inventory (1,320 x $18)                                     $23,760

            Excess of inventory replacement costs         $11,960

Inventory (920 x $18)                               $16,560

Excess of inventory replacement costs $11,960

COGS                                                       $4,600

           Account Payable (920 x $36)                          $33,120

Case 2

Expected inventory replaced = 260 units

Actual ivnentory replaced = 0 unit

COGS (260 x $31 + 1,060 x $18)              $27,140

          Inventory (1,320 x $18)                                       $23,760

          Excess of inventory replacement costs           $3,380

Excess of inventory replacement costs  $3,380

          COGS                                                                  $3,380

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which of the following statements about the southern economy before the civil war is true? the slave population continued to grow as new slaves were imported from abroad. the southern climate was ideal for the cultivation of cotton. slavery began to diminish after the invention of the cott

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Before the civil war, the slave population continued to grow as new slaves were imported from abroad.

Did slavery cause the civil war?

For many years, people have been debating whether or not slavery played a part in starting the Civil War.

Today, the majority of professional historians concur with Alexander Stephens that the issue that ignited the American Civil War, which lasted from 1861 to 1865, was slavery and the situation of African Americans.

Slaves from Africa primarily labored on the southern coast's tobacco, rice, and indigo plantations during the 17th and 18th centuries.

Slave traffickers forcibly took Africans into their possession and transported them on slave ships, where they experienced the "Middle Passage"—the Atlantic journey from Africa to the colonies of North America or the West Indies—for months. Many Africans who made the voyage did not make it.

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suppose that a bank has loaned money to two businesses: a trustworthy computer manufacturer and a risky mining venture. unfortunately, the mining venture fails, and the mining firm goes bankrupt. the bank has no insurance for this situation. now, on its balance sheet, the bank has more liabilities than assets.

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Yes, the bank has more liabilities than assets because the mining venture failed.

In order to preserve liquidity, enable lending, and keep sound balance sheets, banks undertake liability management, which involves keeping a balance between the maturities of their assets and obligations. Liabilities in this context include money from depositors as well as cash borrowed from other financial organizations. These funds are managed by a bank that employs liability management, which also protects against changes in interest rates. Liability management lessens the likelihood of a mismatch. Because of illiquidity or fluctuations in interest rates, a bank may experience a mismatch between assets and obligations.

A bank is required to charge interest on loans as well as pay interest on deposits. Bankers monitor the net interest margin, or the difference between interest received on loans and interest paid on deposits, to control these two factors.

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the goal of , a type of business intelligence analysis, is to create information about past performance.

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The goal of push publishing a type of business intelligence analysis, is to create information about past performance.

What  is a business intelligence system's goal?

Business leaders, managers, and other operational staff members are supposed to use business intelligence to make wiser decisions for the company. Businesses also use business intelligence to find new business prospects, reduce costs, and find ineffective company procedures.

The main goal of BI is to make data (and models) accessible with minimal effort so that company managers can perform analysis. BI aids in the transformation of data into information (and knowledge), which then supports decision-making and action.

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discuss how to apply the quality management model in the development of a new program like teen obesity.

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An company, product, or service is consistently functional thanks to quality management. Quality planning, quality assurance, quality control, and quality improvement are its four key parts.

The goal of quality management is to improve both the product and service quality as well as the methods utilized to do so. To achieve more consistent quality, quality management therefore employs quality assurance and control of both processes and products. A component of quality management is quality control. Quality is determined by what a consumer wants and is willing to pay for. It is a verbal or written pledge made to a consumer in the market, whether they are well-known or not. The degree to which a product fulfils its intended purpose is a measure of quality.

A framework for understanding the interaction between personal and environmental influences on behavior is provided by the social ecology model (SEM). The SEM has been used to examine pediatric obesity treatments and identify factors that have an effect on behavior at every level.

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firms with a very limited advertising budget would be very unlikely to use advertising. group of answer choices radio internet television outdoor

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Firms with a very limited advertising budget would be very unlikely to use advertising: C. television

Advertising is an advertising tactic related to purchasing space to promote a product, service, or motive. The actual promotional messages are known as classified ads or ads for brief. The purpose of advertising and marketing is to attain human beings' maximum in all likelihood to be inclined to pay for a company's products or services and trap them to buy.

Advertising is a manner of advertising your commercial enterprise so that you can increase income or make your target audience privy to your products or services. till a client deals with you at once and in fact buys your products or services, your advertising and marketing may assist to shape their first impressions of your business.

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A depository institution takes deposits from​ ______ and earns most of its income by​ _______.

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Is the question multiple choice or factually

an example of a final good in national income accounts would be new: an example of a final good in national income accounts would be new: flowers purchased by homeowner lenny davis lawn mowers purchased by cut-rite mowers chemicals purchased by green grass lawn care trees bought by north dallas garden center

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Flowers purchased by homeowner Lenny Davis would be an example of final good in national income. ( Option A )

- The goods that don't need any more processing are referred to as final goods. These products, also referred to as consumer goods, are created with the intention of being consumed directly by the final user.

- Only new goods are included when using the term "final goods" in measures of national income and output. To avoid double counting due to resale of goods, the gross domestic product (GDP) excludes items counted in an earlier year.

- The assessment of national income only takes into account the value of final goods and services; the value of intermediate commodities is left out. This is so because the value of final items already accounts for the value of intermediate goods.

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calculate modified duration using the information provided. do not round intermediate calculations. round your answer to two decimal places. use only the data provided in the table above (in the problem statement) for your calculations.

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The maturity date can be defined as the moment in time when the principal of a fixed income instrument must be repaid to an investor

How did this occur?

In the given question as we know,

Duration is inversely proportional to coupon and maturity

=Macaulay Duration / (1+yield/2)

=8.07 / (1+10%/2)

=7.6857

Hence, in the above case Duration is 7.6847

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Full Question :

The Clarence Corporation has issued bonds that pay semiannually with the following characteristics:

Coupon 10 %

Yield to Maturity 10 %

Maturity 10 %

Macaulay Duration 8.07 years

Calculate modified duration using the information provided. do not round intermediate calculations. round your answer to two decimal places. use only the data provided in the table above (in the problem statement) for your calculations.

A known liability arises from a situation with little uncertainty, with set agreements, contracts, or laws. These liabilities are measurable. Known liabilities would include all of the following items, except
warrenties

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A known liability arises from a situation with little uncertainty, with set agreements, contracts, or laws. These liabilities are measurable. Known liabilities would include all of the following items, except warranties.

Known Liabilities are liabilities that get up from transactions or occasions with very little uncertainty. These liabilities are installed with the aid of using agreements, contracts, or laws, and are measurable.

An enterprise can update an account payable with a notice payable. A not unusual place instance is a creditor that calls for the substitution of an interest-bearing notice for a past due account payable.

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Are CDs offered at variable rates?.

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Variable-fee CDs are a unique form of certificates of deposit that permits the hobby fee to fluctuate. This may be useful for the duration of instances of excessive hobby fees permitting the fee of go back to move up. But it could be a hassle while hobby fees are low restricting the go back for your investment.

All varieties of CDs are a financial savings account that have constant making an investment term. That method they maintain your cash for a sure quantity of time, be it six months or numerous years.

Accessed Nov 2, 2022. This alternate would not at once enhance or decrease fees on certificate of deposit, however it could have an effect on them indirectly. When there is a Fed fee increase, you may see better CD fees.

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In a manufacturing company, the _____ _____ budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories:
direct materials

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In a manufacturing company, the direct materials budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.

The production budget, which establishes the number of products that must be produced, is created by combining the sales estimate and the projected amount of finished goods inventory that will be on hand . The production budget is manufacturing up mostly of three different categories of expenses: direct material costs, the direct labour costs, and overhead costs. Examples include payments due for rent, utilities, insurance, office staff salaries, and supplies, among the  others.

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on september 1, home store sells a mower (that costs $180) for $480 cash with a one-year warranty that covers parts. warranty expense is estimated at 10% of sales and is recorded at the time of the sale. on january 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the repair parts inventory.

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Sep 1    Cash a/c.............dr                      480

               To Sales a/c                                     480

Sep 1    Cost of goods sold .............dr    180

               To Merchandise inventory              180

Sep 1    Warranty expense................dr       48

               To Estimate warranty liability        48

Jan 24  Estimated warranty liability.....dr   34

               To Repair parts inventory                34

The cost of fixing, replacing, or refunding a defective product is known as a warranty expense. A warranty has a warranty period during which the seller or maker of the product is responsible for any flaws that may surface while the product is being used.

Debit the warranty expense account and credit the warranty liability account to accumulate the warranty expense. Debit the warranty liability account for the cost of the replacement items and parts shipped to consumers as actual warranty claims are received.

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The question is incomplete. The full question is:

on September 1, the home store sells a mower (that costs $180) for $480 cash with a one-year warranty that covers parts. warranty expense is estimated at 10% of sales and is recorded at the time of the sale. on January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the repair parts inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs.

Suppose a new product is developed and is supplied by a monopolist with a patent. Compared with the monopoly outcome, indicate whether consumer surplus, producer surplus, and total surplus increase, decrease, or remain the same under the following scenarios.
a. Consumer surplus, producer surplus, and total surplus all stay the same. A colluding duopoly has the same outcomes as a monopoly.b. Consumer surplus increases; producer surplus decreases; total surplus increases.c. Consumer surplus increases; producer surplus decreases; total surplus increases.

Answers

In the above scenario, the consumer surplus decreases while the producer surplus decreases.

What is consumer surplus?

When the price that consumers pay for a product or service is less than the price that they are willing to pay, this is referred to as a consumer surplus. It is a measure of the additional advantage that customers gain as a result of paying less than they were prepared to pay for something.

The overall utility of an item surpasses the entire market value under the rule of declining marginal utility, since customers would be prepared to pay the market price even at the lowest utility; any excess utility is termed consumer surplus.

The whole amount a producer gains by producing and selling a quantity of an item at market price is referred to as producer surplus. The producer surplus is equal to the entire money a producer obtains from selling their goods less the marginal cost of production.

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1. A company has $6582 to give out in bonuses. An amount is to be given out equally to each of the 32 employees. (a) a manager, jake, reasoned that since 32 goes into 64 twice, each employee will get about $2000. Is his estimate correct? why or why not? (b) how much will each employee receive, rounded to the nearest whole dollar? leave the remainder undivided. Show your work.

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His estimate is incorrect, since he has increased a figure to the amount that each employee would receive. Rounded to the nearest dollar, each employee would receive $ 209.

Employee is a term for employees and managers who work for a company, organization or community. These people are employees of the organization. Generally speaking, anyone who is hired by an employer to perform a particular job in exchange for remuneration is an employee, but there are different types of employees.

In some countries, employers are required by law to do certain things, such as following minimum wage laws, providing a safe workplace, and sometimes paying taxes. Employers must also provide their permanent employees with benefits, such as health insurance payments. For this reason, some employers prefer to hire independent contractors to do the work instead of regular employees.

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Genevieve really wants to know more about programming and has been taking classes on EdX after work and on weekends. Her work does not require her to be able to code, but she is proud of herself for learning how to do it anyway. Genevieve is _________ motivated.
intrinsically

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Her programming work does not require her to be able to code, but she is proud of herself for learning how to do it anyway. Genevieve is intrinsically motivated.

Programming is the technique of creating a fixed of commands that tell a computer the way to carry out a project. Programming can be executed using a selection of laptop programming languages, such as JavaScript, Python, and C++.

Programming calls for great knowledge of programming talents and properly software program development tools to manage them in a higher manner.

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damen's co. sells merchandise with a list price of $500 and collects sales tax of $50. the sales tax would be recorded with a credit to which account?

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When an trader or seller sells goods at a list price along with charging sales tax, then sales tax would be recorded with a credit to credited to Debtors or Buyer's account.

What is Sales Tax?

Sales tax is an indirect tax and levied at the time of transfer of property in goods and shall be payable to the government of that country where sales are conducted. It will be treated as current liability and seller shall collect sales tax from customers and paid to govt.

Following accounting treatment shall be done at the time of recognizing revenue & current liability of sales tax as per :

Debtors A/c / Buyer's A/c / Trade A.c           Dr. 500$

                   To Sales A/c                                                    Cr. 450$

                   To Sales Tax payable A/c                               Cr. 50$

(Being item sold by Damen's Co. to its buyer and book current liability of sales tax payable to government)

Thus it is cleared from the above journal entry, recording of sales tax.

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Answer:sales tax payable

Explanation:

assume that the public holds part of its money in cash and the rest in checking accounts. if the central bank lowers the reserve requirement from 20 percent to 10 percent, the money supply will

Answers

The money supply will increase by less than double if the central bank lowers the reserve requirement from 20 percent to 10 percent. It is because the public holds part will increase in conjunction with lower reserve requirement for the central bank.

Reserve requirements generally can be defined as the amount of funds that a bank holds in reserve to ensure that it is able to meet liabilities in case of sudden withdrawals.  To decrease or increase the money supply in the economy and influence interest rates, Reserve requirements also used as a tool by the central bank.

Based on the story above, reserve requirement for the central bank is decrease 10 percent or a half of 20%. So the money supply will increase double.

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suppose that michale company operates in an environment of rising prices and utilizes the periodic inventory system. if the company were to use the lifo inventory method, its cost of goods would be $500,000; if it were to use the fifo method, its cost of goods sold would be $400,000. based on this information, which of the following predictions would be correct with respect to the weighted-average cost method?

Answers

The predictions that would be correct with respect to the weighted-average cost method is D. Cost of goods sold would be between $400,000 and $500,000.

What exactly is a periodic inventory system?

A periodic inventory system is a type of inventory valuation in which the inventory account is updated once per accounting period rather than after each sale and purchase. Within an accounting period, the method allows a company to track its beginning and ending inventory.

Periodic inventory is an inventory system in which updates are made on a regular basis. This is in contrast to perpetual inventory systems, where updates are made as needed. A periodic inventory system makes no effort to keep accurate records of inventory or cost of goods sold.

The FIFO method is used to estimate cost flows. As items progress to later stages of development and finished inventory items are sold, the associated costs with that product must be recognized as an expense. The cost of inventory purchased first is assumed to be recognized first under FIFO, lowering the dollar value of total inventory.

In this case, the cost will be between the amount illustrated. The correct option is D.

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Complete question

suppose that michale company operates in an environment of rising prices and utilizes the periodic inventory system. if the company were to use the lifo inventory method, its cost of goods would be $500,000; if it were to use the fifo method, its cost of goods sold would be $400,000. based on this information, which of the following predictions would be correct with respect to the weighted-average cost method?

a. Cost of goods sold would be between $100,000 and $200,000.

b. Cost of goods sold would be between $200,000 and $300,000.

c. Cost of goods sold would be between $300,000 and $400,000.

d. Cost of goods sold would be between $400,000 and $500,000.

Which inventory costing method most closely approximates current cost for each of the following?
a. Ending Inventory (FIFO), Cost of Goods Sold (FIFO)
b. Ending Inventory (FIFO), Cost of Goods Sold (LIFO)
c. Ending Inventory (LIFO), Cost of Goods Sold (FIFO)
d. Ending Inventory (LIFO), Cost of Goods Sold (LIFO)

Answers

The inventory costing method most closely approximates current cost is ending Inventory (FIFO), Cost of Goods Sold (LIFO) (option B).

What is FIFO and LIFO?

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold. When LIFO is used, the cost of goods sold would be made up of goods that were most recently purchased so it would reflect current cost. Ending inventory would be made up of earlier purchased goods.

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold. When FIFO is used, the cost of goods sold would be made up of goods that were purchased the earliest.  Ending inventory would be made up of the latest purchased inventory. It would most reflect the current cost.

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in the following case, either a recessionary or inflationary gap exists. assume that the aggregate supply curve is horizontal so that the change in real gdp arising from a shift of the aggregate demand curve equals the size of the shift of the curve. calculate the magnitude of both the change in government purchases of goods and services and the change in government transfers necessary to close the gap. real gdp equals $250 billion, potential output equals $200 billion, and the marginal propensity to consume is 0.5.

Answers

A reduction in value; inflation.

b. $25 - multiplier = 2x, which is 50/2 = 25.

c. $50: multiplier = 2 times MPC, thus 50/1 is $50.

How do you calculate inflationary gap ?By deducting the potential GDP at full employment from the actual GDP, the inflationary gap is determined. There is an inflationary gap if the outcome is positive. The government can employ fiscal policy or monetary policy to bridge an inflationary gap and go back to potential GDP.Real or Actual GDP - Expected GDP equals the inflationary gap.A measure of excess aggregate demand above aggregate potential demand at full employment can be used to define an inflationary gap.In contrast to an inflationary gap, which is associated with a negative GDP gap where actual GDP is higher than potential, a recessionary gap is associated with a positive GDP gap where actual GDP is lower than potential.

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assuming the kiddie tax applies, what amount of a child's income is subject to the kiddie tax? a) all of the child's income b) all of the unearned income c) the net unearned income d) taxable income less the standard deduction

Answers

Answer:

(B)

Explanation:

The first $1,110 of a child's unearned income is tax-free, and the next $1,110 is subject to the child's tax rate. Any additional earnings above $2,200 are taxed at the child's parents' marginal tax rate.

which one of the following statements best describes what has developed in these two modes of musical creativity over the past three centuries?

Answers

Music” is one of the maximum difficult phrases to define, in part due to the fact ideals about music have modified dramatically over time just in Western tradition on my own.

If we observe song in unique elements of the sector, we discover even more variations and thoughts approximately what music is.

Definitions range from practical and theoretical (the Greeks, as an example, defined tune as “tones ordered horizontally as melodies and vertically as concord”) to quite philosophical

“tune is a gadget of communique related to dependent sounds produced by way of contributors of a community that communicate with other individuals”  Ethnomusicologist John Blacking pronounces that “we will pass in addition to say that tune is sound that is humanly patterned or prepared” (1973), overlaying all the bases with a very huge stroke.

A few theorists even consider that there may be no widely wide-spread definition of song due to the fact it's so culturally unique.

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A non-discriminating monopolist is selling 6 units at a price of $12. If the marginal revenue of the seventh unit is $5, then:
price of the seventh unit is $10.
price of the seventh unit is $11.
price of the seventh unit is greater than $12.
price of the seventh unit is $5.
Assuming the demand curve that a pure monopolist faces is downward-sloping, its total revenue:
is rising.
is falling.
may be either rising or falling.
must be negative.

Answers

A non-discriminating monopolist is selling 6 units at a price of $12. If the marginal revenue of the seventh unit is $5, then price of the seventh unit is $11.

Assuming the demand curve that a pure monopolist face is downward sloping, its total revenue: may be either rising or falling.

A monopolist refers to an individual, group, or business enterprise that dominates and controls the marketplace for a particular appropriate or provider.

This loss of opposition and shortage of alternative items or offerings approach the monopolist wields sufficient strength withinside the market to price excessive prices.

The call for curve is a graphical illustration of the connection among the rate of a very good or provider and the amount demanded for a given length of time. In a standard illustration, the rate will seem at the left vertical axis, the amount demanded at the horizontal axis.

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true or false: financial management is only concerned with items involving cash. true false question. true false

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This claim is untrue. Financial management also includes the management of credit, loans, and stock.

What is financial management?

Anything related to getting money and properly using it is also known as corporate finance, managerial finance, and business finance. A method of making decisions that involves organizing, obtaining, and using money in a way that satisfies the organization's objectives.

What constitutes financial management's fundamental components?

The majority of financial management plans will divide them into four categories that are widely accepted in financial management. Planning, controlling, organizing & directing, and decision-making are these four components.

What function does financial management serve?

Financial managers typically keep an eye on a company's finances and work to maintain its sustainability. They oversee crucial tasks like keeping tabs on cash flow, figuring out profitability, controlling spending, and creating reliable financial data.

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an employee paid a company back for amounts the company lent 3 months earlier. the company would record the collection from the employee by .

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Reimbursements under non-accountable plans will be subject to income tax, FICA tax, and unemployment tax. In essence, nonaccountable plan reimbursements are wages and must be reported on the employee's W-2.

How should I submit my repaid business expenses?

You are not required to report the amount since reimbursements made under the accountable plan are not considered earnings and are not subject to tax. On the Form W-2, leave off the sum from the employee's salary. Instead, enter a code L in Box 12 of the Form W-2.

Are business expenses that are repaid treated as income?

Employees who get reimbursement for business costs under a non-accountable plan are regarded to have earned income, and their W-2 forms must reflect this.

How should I classify reimbursed expenses?

Since your deposit and reimbursement do not count as business-related revenue or expenses, you can classify them as transfers. This can be used in situations where you pay a business expense using personal finances and then pay yourself back. They won't be considered while calculating your taxes.

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Answer:

debiting Cash and crediting Notes Receivable

Explanation:

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