Expenses and payables are two important items recorded on the balance sheet of a company. The key difference between accrued expenses and accounts payable is that while accrued expenses are expenses that are recognized in the accounting books for the period in which they are incurred whether payment is cash or not, payables are payments to creditors who have sold goods to a company on credit.
Accrued expenses are accounting costs that are recognized on the books before they are paid. These costs are usually periodic in nature and will be recorded as a current liability on the balance sheet. Expenses to be paid must be recorded to conform to the concept of accrual accounting. According to the accrual concept, income and expenses must be recorded in the period in which they are incurred, regardless of whether cash is paid or not.
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compared to marketing to consumers, organizational buying is characterized by
They are most strongly influenced by their financial requirements for dependability and quality.
According to the information in the question, it can be concluded that organizational purchasers' purchasing decisions are mostly driven by their financial requirements for dependability and quality. Customers want to buy products they can rely on to last after purchase and complete the task for which it was intended
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how would the payment differ if you paid interest only? (do not round intermediate calculations and round your final answer to 2 decimal places.)
The payment would differ by $91 per month if you paid interest only.
n=2x12=24
i= 12/12= 1
pv= 9,100
cpt pmt = 428.37
The monthly payment will be $ 428.37
9,100 x (.12/12) =
9,100 x .01 = 91
So, The payment would differ by $91 per month for only paying the interest.
Interest:
In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount (the amount borrowed). [ It is not the same as a fee that the borrower might pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a share of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.
So, the answer is $91.
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assuming the economy is operating below its potential output, what is the impact of an increase in net exports on real gdp? why is it difficult, if not impossible, for a country to boost its net exports by increasing its tariffs during a global recession?
The economy's aggregate spending will rise to C + Ig + Xn' as net exports rise. As a result, the real GDP or equilibrium level of output rises to Y', the economy's potential output.
What is GDP?
The total monetary as well as market value of all of the finished products and services produced inside a nation's borders during a specific time period is known as the gross domestic product (GDP). It serves as a thorough scorecard of the state of the economy in a particular nation because it is a broad indicator of total domestic production. Even though GDP is frequently calculated on to an annual basis, it can also be calculated quarterly. For instance, the government of the United States releases an annualised GDP estimate for both the calendar year and each fiscal quarter. Each set of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.
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why and when were now accounts created? in the 1970s as a way to get around restrictive banking regulations in the early 2000s so that households could tap into the rising value of their houses during world war ii to deal with wartime shortages in the 1980s as a way for bank customers to invest in the stock market
The correct answer is option D - in the 1980s as a way for bank customers to invest in the stock market. The now accounts were developed in the 1980s to provide bank clients with a means of making stock market investments. The Banking Act of 1933, which was passed during the Great Depression, prompted the development of now accounts.
- More about now accounts :
- Now accounts are basically checking accounts where the money you put earns interest. The bank or credit union has the authority to demand at least 7 days' notice in writing of a withdrawal with a NOW account, though this is infrequently done.
- Now accounts vary from demand deposit accounts in that a withdrawal must be authorized by the bank according to the terms of the account agreement, which must state that the bank has the right to request seven days' notice. All sorts of depositors may open an interest-bearing checking account, which does not require advance notice of withdrawals.
- They typically don't have a maturity term and don't ask the account holder to notify them when they want to withdraw money. If they do, the notice must be given less than seven days in advance, and the need must be specified in the deposit contract.
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g drainage solutions culverts produces small culverts for water drainage under two-lane dirt roads. budgeted unit sales for the next several months are:
Drainage Solutions culverts produces small culverts for water drainage under two lane dirt roads.
Budgeted unit sales for the next several months are:
Month Sales
September 2,300
October 1,800
November 1100
December 800
There were 575 units of completed items in stock at the start of September. Plans call for having an inventory of finished items equivalent to 25% of the next month's sales during the last part of the year when road development slows. At a cost of $5 per pound, each unit of completed goods takes 600 pounds of raw materials. The goal of management is to keep raw material stocks at month's end equal to 50% of the demands for the next month. There were 500,000 pounds of raw materials available at the beginning of September.
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An effective price ceiling will cause consumers to do which of the following?
a. gain surplus from additional trades.
b. gain surplus from paying a lower price.
c. lose surplus from trades that no longer take place.
d. lose surplus from paying a lower price.
An effective price ceiling will cause consumers to gain surplus from paying a lower price. Hence, the correct option is (b).
Effective price ceiling is the price which is set below the natural equilibrium prices making the market prices of goods and services low, which will lead to excess demand.
A price ceiling is a cap placed by the government on the cost of a product or service in order to safeguard the interests of consumers by prohibiting prices from becoming excessively high. The price imposed by the price ceiling must be lower than the price of stable place for the measure to be effective.
When an effective price ceiling is implemented, excess demand as well as a lack of supply are brought about is because companies are hesitant to offer products at a lower price and customers want even more inexpensive goods. Deadweight loss is therefore produced. Consumer surplus will be net positive if the demand curve is highly elastic, but the change in producer surplus will be unfavorable.
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woodstock co. had $500 of credit cards sales. the net cash receipts were deposited immediately into woodstock's bank account less a 2% fee. the entry to record this sales transaction would include a credit to: multiple choice question. accounts receivable for $490 sales in the amount for $500 accounts receivable for $500 sales for $490
The entry would include a credit of Sales for $500
Sales revenue: Any company entity's sales revenue is the money it makes from offering its products or services to customers normally over the course of business. It is disclosed in the income statement or profit & loss account of the business entity on a yearly, quarterly, or monthly basis as necessary.
The transaction will be recorded in the journal as follows:
Accounts receivable......Dr. $490
Credit card expense.......Dr. $10
To Sales Revenue........Cr. $500
(Being sales transaction)
Computing the accounts receivable:
= Sales revenue-Sales revenue*fee percentage
= $500 - $500*2%
= $490
Computing the credit card expense:
= Sales revenue*fee percentage
= $500*2%
= $10
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When companies study the possibility of moving to the Cloud, they often perceive that security is a roadblock to making things happen quickly. What should Accenture tell a client about their capabilities?
When one perceive that security is a roadblock to making things happen quickly and the thing that Accenture need to tell a client about their capabilities is option A; Accenture integrates security early in the process and implements their own patented innovations to automate processes and migrate in a much shorter period of time.
What makes cloud migration crucial?The cloud can have a huge impact on businesses that go through the cloud migration process. The total cost of ownership (TCO) will be lower, delivery will happen more quickly, and there will be more options for innovation.
Therefore, Accenture presently only provides a small number of Cloud services, but will eventually provide full end-to-end services. Accenture anticipates that its clients will create their own cloud solution roadmaps and strategies.
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See full question below
When companies study the possibility of moving to the Cloud, they often perceive that security is a roadblock to making things happen quickly. What should Accenture tell a client about their capabilities? Accenture integrates security early in the process and implements their own patented innovations to automate processes and migrate in a much shorter period of time. Accenture’s security solution is so robust that it can be deployed on top of an existing system on the Cloud with no impact. Once an incident occurs, Accenture establishes controls to block accidental or malicious activities. After monitoring the security solution, Accenture can provide a few additional personnel to develop workarounds
morton lends money as a business loan to luisa, who is capitalizing her start-up sole proprietorship named luisa's things. if morton must sue for repayment, he would sue?
Since Morton lends money as a business loan to Luisa, If Morton must sue for repayment, he would sue: Luisa.
What is contract law?Contract law can be defined as a set of law that governs oral and written agreements between two or more parties with respect to the buying and selling of goods, services, debt, loans, property, etc.
What is a loan?A loan simply refers to an amount of money that is typically being borrowed by a borrower from a bank or other financial institutions (lender), and it is generally expected to be paid back by a borrower to the lender at a specific period of time with an agreed interest.
Under contract law, Morton should sue Luisa who is the owner of Luisa's things for repayment of the money that was loaned to her.
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Complete Question:
Morton lends money as a business loan to Luisa, who is capitalizing her start-up sole proprietorship named Luisa's Things. If Morton must sue for repayment, he would sue?
A. no one, since the loan makes him a partner.
B. Luisa's Things.
C. Luisa and Luisa's Things.
D. Luisa.
how would consolidated earnings per share be calculated if the subsidiary has no convertible securities or warrants
The ratio of the parent's outstanding shares to the consolidated net income.
What is net income?In business and accounting, net income (also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income less costs of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period.
The net growth in shareholders' equity as a result of a company's operations is calculated as the residual of all revenues and gains less all expenses and losses for the period. It's distinct from gross income, which just subtracts the cost of products sold from revenue. Net income is defined as (gross) income less taxes and other deductions for households and individuals (e.g. mandatory pension contributions).
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when the fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers. group of answer choices
When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers: True.
What is the Fed?The Fed is a short word for Federal Reserve and it can be defined as a federal government financial institution that was established by the Federal Reserve Act on the 23rd of December, 1913 by the U.S Congress.
Additionally, the Fed is just like all central banks in a country and as such, it is considered as a United States government agency that regulates banking activities, supervise and regulate banks, as well as control the issuance of currency in the United States of America.
In conclusion, banks in the United States of America are able to obtain funds at a lower cost and make more loans to their own customers when the discount rate is reduced or lowered by the Fed.
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Complete Question:
When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers.
group of answer choices
False
True
The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this schedule from his own research and ideas, and he believes the players should follow along and work with this new goal. Which motivational theory does this scenario represent?.
The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this schedule from his own research and ideas, and he believes the players should follow along and work with this new goal. The motivational theory that this scenario represents is McGregor's Theory X of Motivation.
What is McGregor's Theory X of Motivation about?
Managers who accept Theory X believe that if you believe that your team members dislike their work, have little motivation, need to be watched every minute, are incapable of being accountable for their work, avoid responsibility, and avoid work whenever possible, you are likely to use an authoritarian management style.
According to McGregor, this technique is highly "hands-on" and frequently entails micromanaging people's work to ensure that it is completed correctly.
Theory X emphasizes the value of increased monitoring, external rewards, and punishments, whereas Theory Y emphasizes the motivating role of job satisfaction and encourages employees to tackle jobs without direct supervision.
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Thinking carefully about the information you gathered is part of what step in the decision-making process?
Choosing among alternatives
Identifying the decision
Reviewing your decision
Weighing the evidence
HELP ASAP PLEASE
The decision-making process step by step are-
Identify the decision.Gather relevant information.Identify the alternatives.Weighing the evidence.Choosing among alternatives.Take decision.Reviewing your decision.In the decision-making process, it is the process of making choices by identifying a decision, gathering information, and assessing alternative resolution. This process will help the raise company's profit and with decision-making process the company's will be abled to negotiation for company's profit.
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what are the two components that make up readiness for training?
A positive work environment and employee characteristics are the two components that make up readiness for training.
Training preparedness directly and significantly influences learning motivation. The desire to transfer is positively and significantly impacted by learning motivation. The connections between organizational support and learning motivation and preparedness for training were mediated by supervisor support. Situational restrictions and social support in the workplace are two primary aspects that influence readiness for training. The efficiency of training can be limited by situational restrictions, which result from the environment or circumstances present inside the business.
Developing the abilities and attitudes required for any profession is called workplace readiness training. A student can develop these abilities to assist them in understanding how to communicate with managers and coworkers.
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In recording the cost of merchandise sold for cash, based on data available from perpetual inventory records, the journal entry is.
The cost of merchandise sold for cash, based on data available from perpetual inventory records, the journal entry is cash account is credited and merchandise account is debited.
The journal entry is a form of transaction passed in the books of accounts to keep a record and then approaching and posting them in the form of entries in the financial statements of the company.
Merchandise account is account which is giving out cash and is debited and the cash is been received so it is been credited. This is double entry book keeping concept where double effect records is shown in books of account.
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Al must build 25 radios before he receives $20. What schedule of reinforcement is being used?.
Al is on a fixed-ratio schedule of reinforcement.
What is reinforcement?
In behavioural psychology, reinforcement refers to a measure that is used to reinforce a behaviour whenever it is preceded by a particular antecedent stimulus. This strengthening effect can be quantified as increased behaviour frequency, duration, magnitude, or latency. Self awareness, self reflection, and self regulation are the three main facets of human behaviour that make up the self regulation model. Self-regulation and reinforcements typically go hand in hand. Consequences have the power to affect behaviour, but behaviour also requires antecedents. Reinforcement comes in four different forms. extinction, punishment, negative reinforcement, and positive reinforcement. Application of a positive reinforcer is referred to as positive reinforcement. The act of removing something negative from of the space of a subject in order to support the antecedent behaviour from that subject is known as negative reinforcement.
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Which of the following is NOT a match type for selecting search ad targets? a) exact match b) phrase match c) broad match d) precise match.
An exact match, phrase match and broad match are all match type for selecting search ad targets, hence, the precise match is not a match type for selecting search ad targets.
What are match types in adwords or target?In web section, the keyword match types is what dictates how closely the keyword needs to match with the user's search query so that the ad targets can be considered for the auction.
For instance, a webmaster could use broad match to serve your ad-target on a wider variety of user searches or you could use exact match to hone in on specific user searches.
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Two employees have a conflict regarding an office policy that they disagree on. What kind of conflict is this?.
When the two employees have a conflict regarding an office policy that they disagree is called conflict.
Conflict is a heated argument and disagreement about a significant issue. Conflict occurs when two individuals or organizations have a significant disagreement or argument and have not yet come to a resolution. Try to limit any disagreements you may have with your ex-partner.
What is conflict?
Conflicts result from conflicts of interest, viewpoints, or even philosophical concepts. The basis of conflict can be personal, racial, class, caste, political, or even international, thus it will always exist in society. Academic recognition may or may not be a significant motivator in conflicts that are emotional, intellectual, or theoretical. Cultural conflict is a subtype of intellectual conflict, which tends to intensify through time as a result of various cultural norms and beliefs.Conflict in a group frequently takes a predetermined path. Regular group interactions are first disrupted by an internal conflict, which is frequently brought on by conflicts among the group's members, internal disagreements, or a lack of resources. The group is no longer cohesive at this phase and may divide into coalitions. In some instances, this stage of conflict escalation is followed by a stage of conflict resolution, following which the group can either revert to regular group engagement or break apart.To learn more about conflict visit:https://brainly.com/question/26083560
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deed restrictions imposed by a developer who wants to maintain specific standards in a subdivision under development are often called .
The Deed restrictions imposed by a developer who wants to maintain specific standards in a subdivision under development are often called Restrictive covenants
What is a deed restriction?This is the term that talks about a restriction imposed on how property described in a deed in the chain of title may be used. The restriction runs with the land when the property is transferred and is typically unremovable by subsequent owners. A specific kind of deed restriction is a restrictive covenant.
To get a deed restriction You will need to obtain the neighbor's or other party's permission to terminate the agreement if there is no governing body and the deed restriction is with them instead (this is typically done via a document called a Restriction Release). You can submit a copy of the Restriction Release to the county after everyone has signed it.
Restrictive covenants are terms that limit, forbid, or otherwise prevent someone mentioned in an enforceable agreement from acting in a certain way.
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A foodhandler wonders when the dry storage area needs to be cleaned. What can be done to find out, other than asking the manager?
A foodhandler wonders when the dry storage area needs to be cleaned. What can be done to find out, other than asking the manager. The right thing to do is Check the Master Cleaning Schedule.
Your company's dry storage room is where inventories of cereals, wheat, rice, dried pasta, fruit, and vegetables, as well as canned goods and packaged items that don't need temperature control, are kept. For efficient and secure dry storage in a food industry, the following procedures are crucial. We're on a mission to alter the way you view grains. Chefs, bakers, brewers, distillers, and farmers are honored at Dry Storage, an artisan mill.
Servsafe and SafeStaff are pleased partners. For the mandatory food employee training that foodhandler complies with Florida Statute 509.049 standards, DBPR has contracted with SafeStaff Online Food Handler Training, with approval number 1752486. You can buy several courses and distribute them to your employees.
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the career readiness competencies key to developing your ability to think strategically are resilience and leadership.
a. True
b. False
False, it is a skill possessed by someone in pursuing a career.
Leadership is a strength or ability that is within a person. This leadership attitude is used when leading. One of the effects of this leadership attitude is that it can affect someone. This exerted influence is intended within a job or organization. That's because generally a person's leadership attitude is needed in leading a job or organization.
The purpose of this leadership attitude is to achieve a target or goal. Whether in the field of work or an organization, there is always a target to be achieved. The targets that have been determined can be achieved because of the attitude of leadership. Leadership is an attitude that is in a leader. A leader is someone who has been trusted. The trust is used to be a head or chairman in a company or organization.
Based on this, a leader must have the ability to guide his members. In addition, a leader must be able to influence and convince a group of people or someone. When the leader and his members are already on the same path, then what is targeted will be easier to achieve.
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which of the following benefits go to multithreaded programming? a) responsiveness b) resource sharing c) economy d) scalability
Benefits of multithreaded programming:
a) Responsiveness - continued execution if part of the process is blocked
b) Resource sharing - same address space for threads of one process
c) Economy - context-switch of threads (parts of processes)
d) Scalability - parallel running threads
Multithreading is the term used to describe a program or operating system that supports several users at once without executing multiple copies of the program on the computer. Multithreading can also be used to manage many requests from the same user.
Multithreading enables the simultaneous operation of multiple software elements. These parts, which are called threads and are accessible during the process, are compact. Multithreading makes it possible for multitasking to utilize the CPU to its fullest extent.
Multithreading also results in the minimization and better use of computational resources. Application responsiveness is improved since requests from one thread do not impede requests from other threads. Furthermore, running numerous processes concurrently consumes more resources than multithreading.
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The ____ index is likely to respond more quickly to price changes than are the other indexes, so it is regarded as a warning sign of inflation.
The producer price index is often regarded as a warning sign of inflation because: commodity producers are relatively quick to raise prices.
What is producer price index?A collection of indices known as the Producer Price Index (PPI) tracks the average change in selling prices domestic producers of goods and services receive over time. From the viewpoint of the seller, PPIs track price fluctuation.
While the CPI gathers prices throughout the month, the PPI tries to collect prices on a specified day of the month (the Tuesday of the week that includes the 13th). And finally, whereas the PPI excludes sales and excise taxes from its price measurements, the CPI includes them.
The producer price index (PPI) is a gauge of typical prices paid to manufacturers of products and services with domestic production. It is determined by dividing the current prices that sellers of a representative basket of commodities got from buyers by the buyers' prices in some base year multiplied by 100.
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What are situations in which a resource is considered valuable?
The asset assists the business in generating more economic value (V-C). A resource is deemed useful in cases where it aids a company in maximizing an outside opportunity.
Economic value is the value a person assigns to an economic good based on the advantages it provides for them. It is frequently calculated based on the buyer's willingness to pay, which is typically expressed in monetary terms. The market value, which is the price asset consumers are willing to pay for a good or service and which may be more or lower than the economic value that a given person assigns to a good, should not be confused with the economic value.
The economic value of an apple does not stem from any objective property of the fruit; rather, it is totally determined by the individual's subjective intent and their relationship to the fruit. The individual's expectation of how well an asset of a particular quality will suit their use is the only source of economic worth for the apple, even though the attributes of the apple may influence the use that the person has for the fruit.
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brandi corporation allows miller company to use brandi's trademark as part of its company advertising. this is a. trademark dilution. b. trademark infringement. c. a license. d. likely to confuse consumers.
Option a. trademark dilution is the correct answer. Brandi corporation allowing Miller company to use Brandi's trademark as part of its company advertising is trademark dilution
The term "trademark dilution" refers to the unauthorized use of, and/or application for, a trademark that is likely to damage an established mark's distinctiveness. Blurring is the most frequent sort of dilution, though there are other categories as well. Other sorts include tarnishment and free-riding in the EU. Whether or whether their unauthorized use is likely to lead to consumer confusion, trademark dilution protects marks that are so well-known, highly regarded, or renowned that authorities have determined they merit protection.
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what is important to real estate professionals in california about the following environmental hazards: special flood hazard zone; area of potential flooding; high fire hazard area; forest fire hazard area; earthquake fault zone; and seismic hazard area?
When a property for sale is located within one of these six local or state hazardous areas, California law mandates disclosure: A Particular Flood Hazard Zone. A Potential Flooding Area (dam failure inundation) A zone with a Very High Fire Hazard Severity.
What is hazards?
A risk is something that could cause harm. When something has the potential, even theoretically, to harm someone's health, life, property, or any other valuable interest, it can be considered a hazard. The term "risk" is frequently used synonymously in everyday speech and refers to the likelihood that the potential harm will be experienced in a particular incident as well as the size of that harm. In order to categorise a risk, it must be determined whether it is natural, anthropogenic, technological, or a combination of these. For example, a natural phenomenon like wildfire may become more frequent due to anthropogenic climate change or more dangerous due to changes in building practises.
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In which stage of the product life cycle does a company usually not generate profits from a new product?.
The stage of the product life cycle in which a company usually do not generate profits from a new product is: C. introduction stage
What is a product?A product simply refers to a tangible item (physical object) that is typically created by a producer or manufacturer, in order to satisfy and meet the unending demands, needs, or wants of its customer.
What is a product life cycle?A product life cycle can be defined as the stages that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
The stages in the product life cycle.In Economics, the four (4) sequential stages in the product life cycle including the following;
Introduction.Growth.Maturity.DeclineIn conclusion, a company does not generate profits at the introduction stage of a product because these three things, customers, sales, and competitors are low.
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Complete Question:
In which stage of the product life cycle does a company usually not generate profits from a new product?
a. maturity stage
b. growth stage
c. introduction stage
d. cannibalization stage
e. decline stage
List the importance of market in 3 points. Its urgent
Answer:
The importance of marketing for your business is that it makes the customers aware of your products or services, engages them, and helps them make the buying decision. Furthermore, a marketing plan, a part of your business plan helps in creating and maintaining demand, relevance, reputation, competition,
Explanation:
Has big brain
Answer: critical in price formation, liquidity transformation and allowing firms to service the needs of their clients.
Explanation: Markets are important. They are the mechanism through which shares in companies are bought and sold, and they give businesses access to cash. Markets are critical in price formation, liquidity transformation and allowing firms to service the needs of their clients.
on january 1, californian specialty foods purchased equipment for $12,000. residual value at the end of an estimated four-year service life is expected to be $1,200. the machine operated for 1,700 hours in the first year, and the company expects the machine to operate for a total of 10,000 hours.
Cost of equipment = $12,000
Residual value = $1,200
Useful life = 4 years
Expected hours of operation = 10,000
Hours operated in first year = 1,700
1) Annual depreciation expense = (Cost of equipment - Residual value)/Useful life
= (12,000 - 1,200)/4
= 10,800/4
= $2,700
2)Double declining depreciation rate = 2 x 1/Useful life
= 2 x 1/4
= 50%
Depreciation expense for first year = Cost of equipment x Double declining depreciation rate
= 12,000 x 50%
= $6,000
3)
Depreciation expense per hour = (Cost of equipment - Residual value)/Expected hours of operation
= (12,000 - 1,200)/10,000
= 10,800/10,000
= $1.08
Depreciation expense for first year = Depreciation expense per hour x Hours operated in first year
= 1.08 x 1,700
= $1,836
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Each month you spend $500 buying coffee. If the price of coffee increases from $2 to $3, what happens to your purchasing power?.
Answer:
The answer is C
Explanation:
