Answer:
profit center
Explanation:
A department that is evaluated on their success in generating income is a profit center. That which evaluates on revenue is a Revenue Centre. Also that which evaluates on utilization of assets is an Investment Centre and so on.
Question Mode Fill in the Blank Question Fill in the blank question. The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lowest level of production in November when they produced 2,500 units at a total cost of $87,500. Using the high-low method, the estimated fixed costs are $ .
Answer:
Results are below.
Explanation:
To calculate the fixed cost under the high-low method, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (110,000 - 87,500) / (4,000 - 2,500)
Variable cost per unit= $15
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 110,000 - (15*4,000)
Fixed costs= $50,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 87,500 - (2,500*15)
Fixed costs= $50,000
XBRL assurance is generally expected to include all of the following except: Multiple Choice Assurance that the most current, standardized XBRL taxonomy is used. Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable. Assurance that the XBRL tagging is accurate and complete. Assurance that reports include all relevant financial and nonfinancial information.
Answer:
Assurance that reports include all relevant financial and nonfinancial information.
Explanation:
XBRL assurance can be regarded as opinions of auditor on a financial statement or other business report that is published in XBRL, this opinions of the auditors allows to know whether these published report or statement is
complete, relevant or accurate and fairly presented. An XBRL reportcan be regarded as "instance" and it is is an electronic file. It should be noted that XBRL assurance is generally expected to include all of the following
✓Assurance that the XBRL tagging is accurate and complete.
✓Assurance that the most current, standardized XBRL taxonomy is used.
✓Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable.
HP has launched a new laptop computer with a bigger monitor and keyboard with larger letters. The company uses this model to target senior communities. The company targets 13 cities in the United States with high populations of seniors. This scenario exemplifies which type of market segmentation
Answer:
Geodemographic segmentation
Explanation:
Dividing potential customers into groups based on their lifestyles
if the invoice is incorrect, recalculate
20 dresses at $15 each 350.00
Less 10% trade discount 12.00
Add tax at 18% 41.04
Total 360.67
Terms 30 days net
Answer: $318.60
Explanation:
20 dresses at $15 each will cost:
= 20 × $15 = $300.00
Less: 10% trade discount = 10% × $300 = $30.00
Add tax at 18%: = 18% × ($300 - $30) = 18% × $270 = $48.60
Total = $270 + $48.60 = $318.60
It is important to shop around for credit because banks and financial institutions have varying credit histories. charge different fees. follow different laws. have varying discriminatory policies.
Answer:
follow different laws
Explanation:
In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.
Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.
Answer: The answer would be:
B: charge different fees.
Explanation:
Edge 2023
Hope this helps! (^_^)
Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration is an example of a(n) __________, which is effective at transferring __________.
A. joint venture; explicit knowledge
B. joint venture; tacit knowledge
C. equity strategic alliance; tacit knowledge
D. nonequity strategic alliance; explicit knowledge
Answer:
B. joint venture; tacit knowledge
Explanation:
A joint venture (JV) is a business arrangement where two or more persons are agreed to pool their resoruces in order to attain a particular task. It can be the new project or any kind of business activity
So as per the given situation since both owns 50% perceny that means they are engaged in the joint venture also in this, the tacit knowledge are considered to be effective
So the option b is correct
In 2020, Courtney, 16 and a dependent of her mother, had earned income of $4,000 and interest income (unearned) of $9,500. What is Courtney's federal income tax liability (before credits)? Courtney's mother is in the 35% marginal tax bracket.
Answer:
The Tax Liability is $1,400
Explanation:
Income is only taxable when it is earned. Any unearned income is not taxable
As unearned income is not taxable then there will be no tax on the unearned interest income of $9,500.
The only taxable income is earned income of $4,000
Use the following formula to calculate the tax liability
Tax liability = Taxable income x Tax rate
Where
Taxable income = $4,000
Tax rate = 35%
Placing values in the formula
Tax liability = $4,000 x 35%
Tax liability = $1,400
True or False: Timothy, Jude, and Eric are working in the marketing department of a multinational corporation. They each have similar backgrounds and experience and are thinking about leaving their current company to start their own business. Successful entrepreneurial teams are comprised of these types of people because similarities in knowledge and skill ensure harmony and consistency in their new business.
I guess answer is true may be
Answer:
TRUE
Explanation:
hat sets one organization apart from others and provides the firm with a distinctive edge for meeting marketplace needs is known as _____ a target market b decentralization c competitive distinction d competitive advantage e core competency
Answer:
d competitive advantage
Explanation:
The Target market refers to the customers that the company wants to sell its products or services. Therefore this option is incorrect.
Decentralisation is basically a transfer of authority to several branches of an organisation instead of only one. This option is also incorrect.
The competitive distinction is defined as the difference between what the organisation offers in comparison to its competitors. This option is also incorrect as it does not provide any distinctive edge in the marketplace for the organisation.
Competitive advantage defines the factors that help a company produce goods or services in a way that is cheaper and/or better than its competitors. This is the correct option as it is providing factors that would be helpful for firms to have a distinctive edge in the marketplace.
Core competency refers to the fact that the organisation must define its resources and capabilities in order to have a strategic advantage over its competitors. This option is mainly suggesting to define its advantages over the competitors. Hence, this option is also not correct.
Devendra Company pays cash dividends of $600. The entry for this transaction will include a debit of $600 to
Answer:
Dividend
Explanation:
Based on the information given if the Company pays CASH DIVIDENDS of the amount of $600, the Appropriate journal entry for this transaction will include a DEBIT of $600 to DIVIDENDS
as the $600 represent CASH DIVIDEND amount paid by the company.
New technologies such as ________ and ________ led to a new boom era of oil and gas production in Texas beginning in 2008 and continuing through today.
Answer:
drilling; fracking
Explanation:
An unmarried couple wants to buy a house and take title so that when one of them dies the deceased's share will go to the deceased's heirs. The form of ownership they should use when they purchase the house is
Answer:
tenancy in common
Explanation:
From the question we are given an instance, whereby An unmarried couple wants to buy a house and take title so that when one of them dies the deceased's share will go to the deceased's heirs. The form of ownership they should use when they purchase the house is tenancy in common.
Tenancy in common can be regarded as an arrangement involving two or more people sharing ownership rights as regards a property or parcel of land. This property could be be a
residential property or commercial property . In a case, whereby a tenant in common dies, there would be passing over of the property to that tenant's estate. The control of total property by independent owner may be equal or different percentage of the total property. the tenancy in common partner can decide to leave the share he or she has in the property to any beneficiary as a part of their estate.
Offering direct online sales to consumers while also promoting wholesale and retail sales can result in Multiple select question. cannibalization of retailers' sales. a net loss of sales due to disgruntled dealers. a signal of the company's strong commitment to retailers. channel conflict.
Answer:
cannibalization of retailers' sales.
Explanation:
Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.
Offering direct online sales of goods and services to consumers while also promoting wholesale and retail sales can result in cannibalization of retailers' sales because the retailer wouldn't be able to make sales.
As Jake and Rolando explore the possibility of starting an endurance training facility for youth athletes, they collect demographic and lifestyle information about the families who would potentially buy their service. This exercise will help to better identify their Multiple Choice buying group. target market. competition. marketing concept.
Answer:
Target market
Explanation:
Target market is defined as a group of people or businesses who are receive the marketing efforts of a company.
They satisfy the criteria that is set for a.product that is being promoted.
In the given scenario the ideal target market are youth athletes.
Collection of demographic data will help them select clients based on their age.
So they can get across to youths in the families.
A company is considering a capital investment of $45,000 in new equipment which will improve production and increase cash flows by $15,000 per year for 6 years. The payback period is years.
Answer:
3 years
Explanation:
Calculation to determine The payback period
Using this formula
Payback period=Capital investment/ Increase cash flows
Let plug in the formula
Payback period=$45,000/$15,000
Payback period=3 years
Therefore The payback period is 3 years
Martinez owns an asset that cost $87,000 with accumulated depreciation of $40,000. The company sells the equipment for cash of $42,000. At the time of sale, the company should record:
Answer:
A loss on sale of $5,000
Explanation:
Calculation to determine what the company should record at the time of sales
First step is to calculate the Book value as on date of sale using this formula
Book value as on date of sale=Cost-Accumulated depreciation
Let plug in the formula
Book value as on date of sale=87,000-40,000
Book value as on date of sale=$47,000
Based on the above calculation the sale proceeds is lower than the book value as on date of sale which indicate a loss
Hence:
Loss =($47,000-$42,000)
Loss=$5000
Therefore At the time of sale, the company should record: A loss on sale of $5,000.
Which savings account will earn you the most money?
1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.
Answer:
one that earns simple interest daily
The savings account that earn you the most money is: 3.One that earns simple interest daily.
Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.
A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.
Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.
Learn more about savings account here:https://brainly.com/question/25787382
The definition of economics states that it is the study of how _________. A. businesses make decisions and how those decisions impact other firms, the government, and consumers. B. the government determines policies, businesses set prices, and consumers choose how much to buy. C. agents choose to allocate scarce resources and the impact of those choices on society. D. money influences the economy in the short run and the long run.
Answer:
C
Explanation:
Agents choose to allocate scarce resources and tge impact of those choices in society
Solve the exponential equation by taking the logarithm on both sides. 5^(x+8)=7
x = (log₅7) - 8
Explanation:Given;
[tex]5^{x+8}[/tex] = 7
Take log of both sides;
log₁₀([tex]5^{x+8}[/tex]) = log₁₀7 -------------(ii)
From the laws of logarithm remember that;
logₐ xⁿ = n logₐ x
Equation (ii) can then be written as;
(x + 8)log₁₀5 = log₁₀7
Divide both sides by log₁₀5
(x + 8) = [tex]\frac{log_{10}7}{log_{10}5}[/tex] -----------(iii)
From the laws of logarithm, remember that;
[tex]\frac{log_{a}x}{log_{a}y} = log_yx[/tex]
Equation (iii) can thus be written as;
(x + 8) = log₅7
x + 8 = log₅7
Make x subject of the formula;
x = (log₅7) - 8
The Carnegie Foundation issued a report recommending that middle schools Multiple Choice become smaller, become more personal, and involve parents more. be integrated with high schools so that older adolescents can serve as role models for younger adults. encompass a wider age range in order to spotlight differences in adolescent development. improve student use of technology and computers to develop relevant skills needed in the future job market.
Answer:
D. Smaller "communities" or "houses" should be developed to lessen the impersonal nature of large middle schools.
Explanation:
The carnage foundation is a US-based education policy and research center that is committed to teaching and developing a network of ideas, individuals, and advanced teaching institutions.what do you mean by agriculture related profession
Answer:
Explanation:
Agriculture careers are professionals paths related to farming, cultivation and animal husbandry. These career paths involve everything from growing crops and nurturing the soil to raising livestock like cattle, pigs and chickens.
A claim that is sent for reimbursement that contains all the required data elements to process the claim is referred to as a:
Answer:
Clean claim
Explanation:
A clean claim is defined as one that has complete documentation, no defect, special circumstance, or impropriety.
They meet all the requirements for easy processing.
Claims are made on Medicare services for reimbursement by insurance companies.
The other type of claim is the other-than-clean claims that requires further investigation before reimbursement is made.
Stan wants to invest in real property. Rather than be a sole owner, Stan would prefer to pool his resources with other people to own and develop a small office building. He would prefer not to take part in the day-to-day responsibilities of the organization. What type of business venture would best fit his goals?
Answer:
limited partnership real estate investment syndicate
Explanation:
Since in the given situation it is mentioned that stan wants to invest in the real property instead be a sole owner. So he pool his resources in order to create the office building with the other people also at the same time he is not interested to take part in day to day responsibilities
So here it is a limited partnership business venture as he is engaging with other people not alone to create the office buidling
A plan that shows the expected cash inflows and cash outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance and repayments of such loans, is called
Answer:
cash budget
Explanation:
The cash budget is the plan in which the financial statement represent the received amount and the expenses that to be incurred at the time of budgeted period also the minimum cash balance that are needed is to be maintained
So as per the given statement, it is the cash budget
The balance of payments _________. adds up the value of all assets and liabilities of a country on a specific date. records all international transactions for a country over a period of time. determines the eligibility of countries for IMF aid.
Answer:
records all international transactions for a country over a period of time.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Basically, trade can be categorized into two (2) main groups and these are;
I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.
II. Export: it involves the sales of goods produced in a domestic country to a foreign country.
The balance of payments is a financial statement used for recording all the international transactions for a country over a specific period of time. Thus, it gives the difference in total value between the payments for goods or services into and out of a country over a specific period of time.
Pam is a partner in CRL Brokerage. Her liability is limited to the amount of money she has invested. What type of partner is Pam
Answer: Associate broker or
Explanation:
A motorist from State A struck and injured a pedestrian in State B. The pedestrian, a State B resident, brought an action in a State B federal court against the State A motorist, seeking $100,000 in damages. The summons and complaint were served on a receptionist at the motorist's place of business in State A. State A's rules permit service of process in this manner, while State B's rules do not. If the motorist moves to dismiss the complaint on the basis of improper service of process, is the court likely to dismiss the action
Answer: C. No, because the federal rules permit service under the rules of the state in which service will be effected.
Explanation:
The case was filed in federal court so the rules regarding the service of the summons will be according to the rules of federal courts.
Rule 4 of the Federal Rules of Civil Procedure allows for the service of a summons to be based on the service rules of the state where the service is to be made. As the service was done in State A and State A allows service to be at defendant's place of business, proper procedure was followed and so the court will not dismiss the action.
In 1995, Mexico joined NAFTA. U.S. tariffs on imports from Mexico and Mexican tariffs on imports from the United States are gradually being removed. How have the quantity of U.S. exports to Mexico and the U.S. government's tariff revenue from trade with Mexico changed?
Answer:
a) Increase in export
b) decrease in Tariff revenue
Explanation:
a) The Quantity of U.S exports to Mexico will increase due to the decrease in market price of goods imported from US to Mexico which is occasioned by the removal of Mexican tariffs on imports from the United states .
b) The US tariff revenue from trade with Mexico will decrease drastically
Import Tariffs are one of the ways Government generates revenue for the economy hence when these tariffs are removed the revenue generated will be non-existent .
If the number of suppliers increase, the supply curve will shift to the ________ and the price will ________.
Answer:
Rightwards; Fall
Explanation:
Rightwards; Fall
The increased number of sellers or suppliers will increase the supply in the market. Resulting the supply curve will shift rightwards and with the shift in the supply curve, the price will fall because of the more availability of goods in the market.
Holders of common stock in a corporation brought an action based on state law fraud claims arising out of a tender offer for their stock. The action against the corporation and its directors was filed in state court in State A. In entering a judgment against the corporation and its directors, the state court ruled that the tender offer contained false statements of material facts. Subsequently, holders of preferred stock in the corporation filed an action in federal district court in State B against the corporation and its directors, asserting a claim regarding the tender offer based on federal law. The preferred shareholders moved for a partial summary judgment on the issue of whether the tender offer contained false statements of material facts. Both State A and State B require mutuality of parties in order for issue preclusion to apply. Should the federal court grant the partial summary judgment motion
Answer: No, because State A requires mutuality of parties in order for issue preclusion to apply
Explanation:
According to the information given, the federal court cannot grant the partial summary judgment motion. The reason for this is because State A requires mutuality of parties in order for issue preclusion to apply.
Under 28 U.S.C. § 1738, it's required for the federal court to give full faith and credit to the state court judgments. Therefore, in this scenario, if a subsequent action in the state is barred by the state-court judgment, then it can be deduced that it acts to bar a subsequent action in the federal court too.
