A responsibility center is an organisational component that manages identifiable sources of income or costs.
What is responsibility center?An operational unit or entity inside an organisation that is in charge of all the duties and activities planned for that unit is known as a responsibility centre. These facilities have their own objectives, personnel, targets, rules, and financial statements. and are used to establish a balance between duties related to expenditures made, income earned, and investments made by a person.
In a large corporation or multinational, the organisational tasks are divided into smaller tasks, and each task is given to a different small division or group. In this scenario, every group in that organisation serves as a responsibility center.
What are the types of responsibility center?A cost centre is a department or a unit that oversees, allots, separates, and eliminates all types of costs associated with an organisation. The cost center's main responsibility is to monitor an organization's expenses and to keep any unforeseen costs to a minimum. Both the person and the place may determine the cost. The cost centre is given permission in multinational corporations to control and reduce costs.
The centre in charge of initiating and overseeing revenue is the revenue centre. The management can keep an eye on a few of the marketing department's expenses but has no influence over the cost or investment. By comparing budgeted revenue with real revenue and actual marketing expenses with budgeted marketing expenses, the production of the revenue centre is determined.
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assume a project has earnings before depreciation and taxes of $15,000, depreciation of $25,000, and that the firm has a 25% combined tax bracket. what are the after-tax cash flows for the project?
The Earning before depreciation & Tax is $15000, depreciation is $25000. The corporate tax rate is 25%. The Cash Flow After Tax will be $17,500.
What do you mean by cash flow after tax?In Capital budgeting projects, analyst have to compute the annual cash flows after tax in order to compute the net present value of project. Cash Flow after tax (CFAT) are the cash earnings inflow earned by an entity by making sales or rendering services by infusing initial investment in business.
The Cash Flow after tax can be calculated by the following accounting equation at the year end:
CFAT = Sales - Variable Cost - Cash Fixed Cost - Depreciation, Interest & Corporate Tax + Depreciation or other non cash item.
If EBITDA is given,:
CFAT = EBITDA - Depreciation - Interest Cost - Tax Expenses (EBT × Tax rate) + Depreciation
∵ Earning Before Tax (EBT) ⇒ EBITDA - Depreciation
⇒ $15000 - $25000 = ($10000) minus
∵ Tax Benefit on Net Loss ⇒ EBT × 25%
⇒ $2500 ($10000 × 25%)
∴ Earning After Tax ⇒ EBT + Tax Benefit
⇒ ($10000) - $2500
⇒ ($7500)
∵ CFAT ⇒ EAT + Depreciation Cost
∵ CFAT ⇒ ($7500)+ $25000
∴ CFAT ⇒ $17500.
Therefore cash flows after adding back of non cash expenditure will be $17500.
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which of the following should be included in the capital budgeting process? check all that apply. considering expansion projects over replacement projects. estimating sunk costs and adding them to the valuation. evaluating the riskiness of the projected cash flows. computing the present value of the expected cash flows.
The capital budgeting decision involves estimating sunk costs and adding them to the valuation and evaluating the riskiness of the projected cashflows.
The process a company uses to assess potential big projects and investments is considered a capital budgeting. Before such a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the building of a new facility or a significant investment in a 3rd parties enterprise.
A business may examine the lifespan cash inflows and cash outflows of a potential project as part of the implementation process to determine whether the projected returns will satisfy an adequate target standard. The process of capital budgeting is also referred to as investment appraisal.
The complete question is here:
Capital budgeting involves evaluating the value of long-term assets or projects.
Which of the following should be included in the capital budgeting process? Check all that apply.
-Estimate sunk costs and add them to the valuation.
-Compute depreciation using different methods to include in the analysis.
-Include all relevant cash flows.
-Evaluate the riskiness of the projected cash flows.
-Consider expansion projects over replacement projects.
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Athletes who had suffered hamstring injuries were randomly assigned to one of two exercise programs. Those who engaged in static stretching returned to sports activity in a mean of 15.2 days faster than those assigned to a program of agility and trunk stabilization exercises.
While not quite a death knell for an individual's career, hamstring injuries have blighted some of the best footballers in the world.
What sport has the most hamstring injuries?The majority of hamstring muscle strain injuries occur in sports that require high speed running such as American football, Australia football, basketball, soccer, rugby, and track and field.
The TRUE statements about the study described above are :
• USE OF RANDOM SAMPLING
• USE OF A CONTROL GROUP
When selection from a population is performed such that all subjects in the population have equal chance of being selected, then we have a random process, the 30 selected athletes we're chosen without bias.Also, when a certain group used in a research aren't subjected to the treatment process if the research, but are only used to compare the behavior of the TREATMENT group, then such group are called the CONTROL group. Hence, the 15 athletes who did not participate in any of the flexibility program are the control group.The research doesn't exhibit any blinding or blocking procedure as it does not hide any information or contain an undesired variable.Therefore, the TRUE statements are the study makes use of RANDOM SAMPLING AND A CONTROL GROUP.A reasonable value for the correlation Coefficient between the variables which depicts a strong negative association between then ls - 0.87.The Correlation Coefficient ranges from - 1 to + 1 and gives the strength of relationship between two variablesThe closer the value is to - 1 or 1, the stronger the association between the variablesNegative values depicts negative relationships such that one variable decreases as the other increases and vice versaPositive values depicts positive association wiyh values decreases and decreasing accordingly.A value of 1 or - 1 depicts a perfect relationship.Since, we relationship between the variables isn't perfect, but strong and negative, then the most reasonable value of correlation is - 0.87.To learn more about Athletes refer to:
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1. Cost of goods sold refers to ___________. A. direct costs attributable to producing the product sold by the firm B. salaries, advertising and selling expenses C. payments to the firm's creditors D. payments to federal and local governments
Cost of goods sold refers to direct costs attributable to producing the product sold by the firm.
Cost of products offered is the whole quantity your commercial enterprise paid as a fee at once associated with the sale of merchandise. Depending for your commercial enterprise, that could encompass merchandise bought for resale, uncooked materials, packaging, and direct hard work associated with generating or promoting the good.
Costs of Goods Sold (COGS) constitute the fees worried into generating your items over a positive length of time. The COGS method is: COGS = the beginning inventory + purchases – finishing inventory.
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which of the following is a critical issue in sustainable development? question 1 options: labor and legal problems supply base optimization countertrade climate change
Last option. Climate change is a critical issue in sustainable development
What is climate change?Long-term changes in temperature and weather patterns are referred to as climate change. These changes may be organic, but since the 1800s, human activity has been the primary cause of climate change. This is mainly because burning fossil fuels, such as coal, oil, and gas, releases gases that trap heat.
A long-term change in the typical weather patterns that have come to characterize local, regional, and global climates on Earth is referred to as climate change. The phrase is synonymous with a wide variety of observed outcomes that are a result of these changes.
A progressive change in all the interconnected weather components on our planet over the course of about 30 years is referred to as climate change. According to the evidence, the Earth is warming, and it is up to us to bring about the required changes for a healthier planet.
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Which of the following terms BEST describes an organization structure with separate product lines that operate as relatively autonomous business units under a larger corporate umbrella?
Divisional
An organizational structure is divisional when the separate products have separate lines to operate as relatively autonomous business units under a larger corporate umbrella. Therefore, the option E holds true.
An organizational structure can be referred to or considered as the method followed by an organization to carry out its functions under the course of its business operations, which are directed towards the achievement of organizational goals. It is divisional when each of the department is led and handled by a dedicated autonomy.
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Complete question
Which of the following terms BEST describes an organization structure with separate product lines that operate as relatively autonomous business units under age corporate umbrella?
A Matrix
B. Virtual
C International
D. Functional
E. Divisional
the____associated with syphilis are small, painless, firm, round lesions that usually last three to six weeks and heal without treatment.
The chancre associated with syphilis is small, painless, firm, round lesions that usually last three to six weeks and heal without treatment.
Communication therapy may include one or more of the following types of interventions: speech therapy. Help your child learn new vocabulary, organize thoughts and beliefs, and correct grammatical and word errors.
For example, the treatment of chronic diseases focuses on relieving symptoms and preventing or delaying complications. Discontinuing treatment may cause these to occur sooner, which can have a significant impact on quality of life as well as life expectancy. However, in the context of mental health, the term treatment may specifically refer to psychotherapy.
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TRUE/FALSE. one method of reducing burnout and also increasing experience and skills of service desk analysts is to rotate them through other positions in the department
Answer:
true
Explanation:
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the ucc governs sales contracts, or contracts for the sale of goods. how does the ucc define a sale? describe what goods are, who is a merchant, and how these fall into the context of a legal sale of product.
The UCC governs sales contracts, or contracts for the sale of goods. Knowing the Uniform Commercial Code, or UCC, is very beneficial for companies that conduct sales.
The Uniform Commercial Code (UCC) regulates sales and other commercial activities. The UCC is a model, not a piece of legislation. It serves as a guide to promote consistency or uniformity among state legislation.
Tess is a buyer under the UCC since she enters into a contract to purchase goods. I am a trader since I frequently transact in things of this nature. College tents are what I make and sell for a living. I therefore possess understanding of and expertise in college tents.
The UCC intentionally holds merchants or individuals with expertise pertaining to the items at issue in the transaction in a different manner.
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the upstream portion of the supply chain consists of the organizations and processes for distributing and delivering products to the final customers.
False. The upstream portion is made up of the company's suppliers. The downstream portion is for distributing and delivering to customers.
Which four supply chain functions are there?The process of getting a product from a raw material to a consumer is called supply chain management. Supply management, product and demand planning, sales and operations planning, and supply planning are all included. The product flow, the information flow, and the financial flow are the three primary flows in supply chain management.
The transfer of items from a supplier to a customer is known as the "product flow." A supply chain is a group of businesses and individuals engaged in the manufacture and distribution of a good or service. Producers, vendors, warehouses, transportation firms, distribution facilities, and retailers are all parts of a supply chain.
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which one of the following represents the strongest signal that companies opting to install additional production capacity in the upcoming decision round will likely struggle to avoid the extra costs of having unneeded production capacity and/or excessively large year-end inventories of unsold branded footwear? group of answer choices no companies lost branded sales due to insufficient branded inventory to fill orders from footwear in any of the four geographic regions in the most recent decision round period. the demand forecast in the footwear industry report (fir) indicates that the combined demand for branded footwear and private-label footwear over the next three years will be 20% below the existing amount of production capacity (not including any use of overtime). there is less production capacity in europe-africa than any other geographic region and more production capacity in the asia-pacific than any other geographic region. more than half of the industry's total production capacity is currently located in the asia-pacific region. at least two companies have installed new or refurbished footwear production equipment in each of the past three decision rounds.
The option that represents the strongest signal that companies opting to install additional production capacity in the upcoming conclusion round will likely struggle to avoid the extra costs of having unneeded production capacity and/or unduly large year-end inventories of unsold branded footwear is:
"The demand forecast in the FIR merged indicates that the demand for branded footwear and private-label footwear over the next three years will be 20% below the existing amount of production capacity (not including any use of overtime)" (Option B)
What is production capacity?The highest possible production of an economy is defined as its productive capacity. According to the United Nations Conference on Trade and Development, there is no universally accepted definition of maximum production.
The highest output attainable from equipment under typical operating conditions or during the day is referred to as production capacity. The greatest output level feasible under realistic work conditions, taking into account typical machine failure, maintenance, and so on, is referred to as sustainable capacity.
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on march 1, 2022, geoffrey company acquired real estate, on which it planned to construct a small office building, by paying $85,000 in cash. an old warehouse on the property was demolished at a cost of $8,200; the salvaged materials were sold for $2,200. additional expenditures before construction began included $1,500 attorney's fee for work concerning the land purchase, $5,500 real estate broker's fee, $9,100 architect's fee, and $16,000 to put in driveways and a parking lot.
On January 1, 2024, white water issued $520,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. assuming the market interest rate on the issue date is 6%, the bonds will issue at $469,041.
Solution:- Calculation of cost of land:-
Particulars Amount ($)
Cash payment made for acquiring the real estate
Cost of demolishing old warehouse (8200 - 1700)
Attorney's fees
Broker's fees
80000
6500
1900
5200
Cost of land 93600
Architect's fees amounting to $ 9100 will be debited to the Building account and the Cost of driveways/parking lot amounting to $ 14000 will be debited to the Land improvement account.
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The Windmill Alternative Energy Fund offers its shares to the public at the fund's net asset value (NAV) based on the next calculation of that figure. Based on this, you can say that the fund isA)a hedge fund.B) a front-end load fund.C)a no-load fund.D)a closed-end fund.
The public can purchase shares of the Windmill Alternative Energy Fund at the fund's net asset value (NAV), which is determined by the next calculation of that number. This supports the claim that the fund is a no-load fund.
The fund valuation and pricing, which are determined by dividing the difference between assets and liabilities by the number of shares held by investors, are referred to as NAV.
NAV is frequently close to or equal to a company's book value. Historically, companies with strong growth prospects have been valued higher than their NAV might indicate. Market capitalization and NAV are typically compared to identify investments that are overvalued or undervalued.
NAV is calculated as
(assets – liabilities) / the total number of outstanding shares.
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each year the mccormick hardware store places one order for riding lawn mowers in february. the selling season is april-august. the following probability distribution of demand is assumed by mccormick: demand probability 0 10% 1 15% 2 30% 3 20% 4 15% 5 10% the lawn mowers are purchased by mccormick from the wholesaler at $3,000 per unit and sold for $4,250 per unit. mccormick anticipates being able to liquidate surplus (
The sale price of any leftover mower this year is $250. If we assume the following probability distribution for demand. There are 30 lawn mowers, of which seven are defective, sold to a hardware store. If the store manager inspects six of the lawn mowers.
The selling season is from April to August. Lawn mowers are purchased from the wholesaler for $3,000 per unit and are sold for $4,250. McCormick assumes the following demand probability distribution: demand probability 0 10% 1 15% 2 30% 3 20% 4 15% 5. Alternatively, the increasing convergence of automation and IoT development would drive demand for mowers robotics. McCormick Hardware stores an order for mowers each February. The selling season is from April to August. Lawn mowers are purchased from the wholesaler for $3,000 per unit and are sold for $4,250. McCormick anticipates being able to sell surplus lawn mowers (= not sold during April-August) during the "late summer" sale in September. The sale price of a surplus lawn mower is $2,500. McCormick assumes the following probability distribution of demand: The factory price of a lawn mower is $2,250. The purpose of this task is to explore the incentive alignment in the supply chain consisting of McCormick and its wholesaler. Let us denote the current contractual arrangement between McCormick and the wholesaler, captured above, as Traditional Contract. Two alternatives to the Traditional Contract are being considered: Revenue Sharing Contract and Surplus Reimbursement Contract. In the first, the wholesale price will drop from $3,000 to $2,600, but McCormick will have to give 10% of his sales revenue to the wholesaler. In the latter, the wholesaler will pay McCormick $400, in effect a rebate, for each surplus lawn mower.
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All of the following were Taco Bell marketing tactics designed to appeal to its target market except which? adding mobile media to their IMC campaigns.
The following were Taco Bell marketing tactics designed to appeal to its target market except partnered with Hilton to offer its tacos on the room service menu.
Marketing strategies are the real strategic movements that direct product studies and development, pricing, distribution, promotion, packaging, and positioning to persuade particular advertising and marketing goals. Marketing strategies are high-degree principles that direct content material creation. Content kinds aren't strategies.
The 4 Ps are product, price, place, and promotion. They are an instance of a “advertising and marketing mix,” or the blended gear and methodologies utilized by entrepreneurs to attain their advertising and marketing objectives.
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a diversification strategy should avoid adding businesses that make excessive demands on nonfinancial resources, including which of the following? multiple select question. technology and information systems managerial talent marketing support surplus cash reserves
A diversification strategy must avoid adding businesses that place an undue strain on nonfinancial resources such as marketing support, managerial talent, technology and information systems.
What is diversification strategy ?When a company wants to grow, it employs a diversification strategy. It is the process of introducing a new product in to the your supply chain to boost profits. These products could be in a new industry segment that your company already operates in, which is known as business-level diversification.Diversification is a risk-management strategy used by businesses to expand into new markets and industries and increase profitability. This can be accomplished by introducing new products and services into new markets, attracting new customers, and increasing profitability.Diversification seeks to maximize returns by investing in various areas that will react differently to the same event.
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investigations of applicants that cover previous employment, possible criminal records, and behavior problems in school are called group of answer choices preliminary investigations. work investigations. criminal investigations. background investigations.
Background Investigations involve inquiries into past jobs, conceivable criminal histories, and neighborhood interviews.
The background investigation will involve checks of the applicant's credit and criminal histories, records checks to confirm the citizenship of family members, and verification of the applicant's birthdate, academic credentials, employment history, and military service. A background check is a procedure that a person or business employs to make sure that a person is who they say they are, and it gives you the chance to check and validate the accuracy of someone's criminal history, education, employment history, and other past actions.
Therefore, Background checks are investigations that look into previous employment, conceivable criminal histories, and interviews with neighbors.
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which type of data is the most useful for identification of patterns and trends when planning performance improvement activities?
The aggregate type of data is the most useful for the identification of patterns and trends when planning performance improvement activities.
The process of gathering data and summarizing it for statistical analysis and the efficient accomplishment of corporate goals is known as data aggregation. To make decisions based on huge amounts of raw data, data aggregation is essential to data warehousing. A big pool of data is summarized through the process of data aggregation in order to conduct in-depth analysis. At its most fundamental level, it is gathering data from a variety of specified databases and arranging it into a more straightforward style, typically using total, average, mean, or median references.
Researchers, analysts, politicians, banks, and administrators are the key users of aggregate data for a variety of purposes. They are used to examine present policies, identify trends and patterns in processes, gain useful insights.
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the benefits to be accrued from locating value chain activities in the world's optimal geographies for a specific activity are known as
The benefits to be accrued from locating value chain activities in the world's optimal geographies for a specific activity are known as Economies.
Such a firm tries to balance the will for lower prices and potency with the requirement to regulate native preferences at intervals in numerous countries.
The main risks related to businesses participating in international finance embrace exchange risk and political risk. These challenges could generally create it tough for firms to take care of constant and reliable revenue.
A differentiation strategy may be a business strategy that revolves around creating your company, product, or service distinctive, thus it stands out from alternative businesses in your business or market section.
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An Enterprise Social Networking Site in one in which customers can interact with the sales and marketing team of an organization. (T/F)
False, in an Enterprise social network site customers cannot interact with the sales and marketing team of an organization because it is solely built for the employees of the organization.
What is an Enterprise social network?Enterprise social network (ESN) is a private social network exclusively available to members of a company. this type of network is owned by a private enterprise or an organization.
The main function of this network is to engage employees in organizational activities.In contrast to standard employee intranet platforms, ESN also allow employees to interact with one another socially, in addition to encouraging them to share their ideas and be up to date with recent business developments within an organization. Unlike publicly accessible social networks, an ESN is only accessible to workers of a certain organization. They are designed by keeping corporate sector in mind.To know more about Social networks, check out:
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Use a for loop with paired data that prints the following output and count how many people like chocolate ice cream. Sal likes vanilla ice cream Joy likes chocolate ice cream Eric likes mango ice cream Adam likes chocolate ice cream 2 people like chocolate ice creamPython please
like Pairs = [("Sal", ['vanilla', 'ice cream']), ("Joy", ['chocolate', 'ice cream']),
("Eric", ['mango', 'ice cream']), ("Adam", ['chocolate', 'ice cream'])] count = 0 # loop the pairs for name, likes in likePairs: # check if any person likes matches with chocolate and ice cream, then add +1 to count if(set(likes) == set(['chocolate', 'ice cream'])): count = count + 1 print(count, "people like chocolate ice cream")
OUTPUT
2 People like chocolate ice-cream
The laptop can only technique statistics that is has been given, or that it has gathered. This records is referred to as enter . it has been placed into the pc system . when the laptop has processed the data and completed the assignment it sends it lower back out. We call this statistics output.
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a tornado collapsed a building, trapping 15 people in its basement. fire department officers immediately designated a fire station located directly across from the incident site as the incident command post (icp). however, the fire station's confined location and immediate proximity to the incident made it ill-suited for directing the large-scale response effort. as police officers arrived on the scene, they decided to establish their command center at a school, several blocks away from the immediate response activities. as response operations progressed and a mobile command vehicle became available, the incident command post (icp) was established in that vehicle just north of the hospital. other agencies involved, such as the fire department and emergency medical services, began operating near the new icp location and incident commander. the police department continued to operate from the school. type a list of potential incident management issues. when you are finished, click on submit.
The police department declined to relocate their command center to the new incident command post (ICP) with other agencies will lead into a failure to established a unified command structure. This condition will face some incident management issues, such as:
MisscommunicationConfusion between responsesUnclear and overlapping objectivesUnderutilized resourcesIncident command post (ICP) is the location were the primary comand fuctions for field operation are executed.
All agencies must be operating near the ICP location under the incident commander to achieved a unified command structure. A unified command structure is important because all involved agencies are allowed to contribute to the command process. A unified command structure will determine the team overall objectives, planning jointly for operational activities, conducting integrated operations, and maximizing the use of all assigned resources.
By delining to relocate their location, the police department make it implossible for a unified command structure to be achieved. This decision could lead into some misscommunication between the police department and other agencies. Many confusions will also raised regarding each other's decisions. Without coordinating, many objectives between both parties will likely to be contradicting or overlapping with each other. Many resources will left underutilized or even overutilized without a proper coordination.
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Two simplifying assumptions are usually made in net present value analysis
1. Assume that all cash flows other than the initial investment occur at the end of periods.
2. Assume that all cash flows generated by an investment project are immediately reinvested at a rate of return equal to the discount rate.
Both the assumptions are true.
What is Net Present Value?
The difference between the current value of cash inflows and cash withdrawals over a period of time is known as net present value (NPV). To evaluate the viability of a proposed investment or project, NPV is used in investment planning and capital budgeting. In short, NPV is used to assess whether or not a long term investment or a project will be profitable.
If a long-term project has multiple or several cash flows, the formula to calculate NPV during a single time t will be as follows:
NPV = ∑ [tex]\frac{R_{t}}{(1 + i)^{t} }[/tex]
Where,
[tex]R_{t}[/tex] =net cash inflow-outflow
i = return to be earned or discount rate in another investment
t=number of time periods
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1. how many users would have to buy at $45 to at least meet last years profits? 2. should impress4less drop prices further? could they raise prices about $50? 3. what assumptions are you making?
Impress4Less would have needed 229 consumers to purchase their service in order to match their $5000 in profits from the previous year. Taking these numbers into consideration, the overall cost would be $5290 as the variable cost is $2290 and the fixed cost is $3000.
What are variable costs?Variable costs are expenses that change based on the quantity of a good or service that a company produces. Variable costs are calculated by multiplying marginal costs by the quantity of units produced. They can also be viewed as common expenses. Direct costs are costs that are directly associated with a certain cost object. But not all variable costs are related to direct expenses. For instance, variable costs that are classified as indirect rather than direct costs include manufacturing overhead costs. Variable costs, often called unit-level costs, fluctuate based on the volume of commodities produced. Direct labor and overhead are generally referred to as conversion costs, whereas direct material and direct labor are frequently referred to as prime costs.
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FILL IN THE BLANK. by using ___ for the electronic exchange of information, companies can improve the efficiency and effectiveness of the supply chain process.
By using the Internet and Web protocols for the electronic exchange of information, companies can improve the efficiency and effectiveness of the supply chain process.
A set of guidelines known as Internet Protocols controls data transmission and communication over the internet. To communicate the data, the sender and receiver should adhere to the same protocols. Let's use a language as an example to help you comprehend it better. If we want to communicate in any language, we must be familiar with its specific vocabulary and grammar. Similar to this, whenever we access a website or exchange data with another device over the internet, these processes are controlled by a set of guidelines known as internet protocols.
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When a publisher’s sales representative visits the office of a university professor without an appointment to discuss the latest textbook offerings available, this is an example of.
When a publisher’s sales representative visits the office of a university professor without an appointment to discuss the latest textbook offerings available, this is an example of cold calling.
A potential customer who has never interacted with a salesman before is being cold called (often written with a hyphen). One of the oldest and most popular methods of telemarketing used by marketers is cold calling.
In contrast, warm calling involves approaching a client who has already shown an interest in the business or its products. Cold calling is a strategy used by salespeople to make contact with people who have not previously expressed interest in the goods or services being provided. Cold calling often refers to telemarketing or telephone solicitation, but it can also relate to in-person interactions, as those with door-to-door salespeople.
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explain what happens to the price sellers receive for their good under a tax if the elasticity of supply is perfectly elastic .
The more elastic the provision curve, the better sellers can cut back the amount oversubscribed rather than taking lower costs. During the market, wherever the demand and to provide are very elastic, the imposition of associate degree indirect tax generates low revenue.
If provide is elastic or demand is springless, customers can bear the whole burden of a tax. Conversely, if demand is elastic or provide is springless, producers can bear the whole burden of a tax.
The imposition of the tax causes the market value to extend and, therefore, the amount demanded to decrease. as a result, consumption is elastic, and the worth customers pay does not amend pretty much. as a result, production is springless, the quantity oversubscribed changes considerably.
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You decided to make the transition to cloud-hosted ERP services. This turns out to be a great decision because it makes the entire system more accessible for store locations throughout your region without requiring any significant investment in new hardware. As you learn more about what's involved in migrating to the cloud, you decide to tackle this project in phases by replacing one module of the old ERP system at a time. The POS (point-of-sale) and inventory management systems are the oldest and most out-of-date. Company executives have requested that you focus your initial efforts on upgrades that will have the biggest positive impact on customer satisfaction as soon as possible.
Which system do you start with?
They have the biggest effects on customers, the Inventory Management system should be upgraded first, then the POS (point-of-sale) system.
The POS system upgrade should come right after the inventory management system upgrade. The point of sale system will malfunction and need manual entry of customer data if the inventory management system isn't functioning. It is necessary to prevent the POS from malfunctioning.
The two systems should be upgraded together for a smooth customer service experience because the POS is more dependent on the inventory management system.
As a result, to be compatible with the perpetual inventory system and the improved inventory management system, the POS system also requires a timely upgrade.
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What are the four reasons entrepreneurs are willing to take risks?.
Businesses are subject to a variety of hazards, including insolvency, financial risk, market risk, competitive risk, environmental risk, reputational risk, and political and economic risk. Budget carefully when starting a firm, and make a realistic business plan to demonstrate to investors that you are thinking about risks.
Entrepreneurial risk-taking is the process of recognizing, analyzing, minimizing, and testing out prospective possibilities and tactics that may aid in the development or expansion of your organization but also pose a risk of financial or professional loss. By taking chances, business owners may test out several concepts, evaluate their effectiveness, and discover market trends to improve the chances of their next idea's success.
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a company issued 8%, 15-year bonds with a par value of $610,000 that pay interest semiannually. the market rate on the date of issuance was 8%. the journal entry to record each semiannual interest payment is:
The Journal entry to record each semiannual interest payment is : $22,000.
Debit: Bond interest expense
Credit: Cash
$550,000 × 0.08 × 6/12 = $22,000
What do you mean of journal?
A journal is detailed record of all the transactions done by a occupation. Reconciling accounts and shifting information to other accounting information is done using the information recorded in a journal.
What are the 7 types of journal?
There are 7 different types of journals are : purchase, purchase returns, cash receipts, cash disbursements, sales, sales returns, and general.
What are the 5 benefits of keeping a journal?
Here are 5 benefits-for-you virtues of journaling are :
Reduces Stress. An overabundance of burden can be destroying to your physical, mental, and emotional health.Improves Immune Function.Keeps Memory Sharp.Boosts Mood.Strengthens Emotional Functions.Learn more about journal here :- https://brainly.com/question/14279491
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