Ford, after viewing Chevrolet's pricing setting, will consider what they would charge. Both parties will decide on a price in order to maximize their profits. The easiest way for Ford to respond is to charge P1, or whatever amount Chevrolet will. Ford's best reaction if Chevrolet will charge P1, P2, or P3 is P1.
This is thus because Ford always makes more money at Price P1. Ford will thus charge a $4000 fee.
b) Chevrolet's best answer after Ford set the price at P1 is to charge P1 as well. This is so that Chevrolet may profit from charging P1 if Ford does. Chevrolet also decides to charge $4000 as a result.
c) As a result, charging P1 is the ideal way to deal with both producers. According to the reward matrix presented above, a strategic combination of P1 and P1 will result in a profit of $8 million for both producers. Consequently, with Chevrolet's answer, Ford would make $8 million in profit.
d) If the two businesses work together to increase earnings, they will both select the same pricing. In such instances, they can select P1, P2, or P3 as their option. Depending on the money they stand to make. They both decide on P2, or $8000, in order to maximize their profit. In such instances, they both stand to gain a maximum of $10 million in earnings.
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Which of the following statements describes the moral theory of utilitarianism?
A) People must choose the action or follow the rule that provides the greatest good to society.
B) People must follow actions that are in accordance with a specific moral rule or principle from
a religious text.
C) People must choose to follow actions of a virtuous person.
D) People must follow actions based on moral duties imparted from one's community.
A) People must choose the action or follow the rule that provides the greatest good to society.
The statement that describes the moral theory of utilitarianism is option A: People must choose the action or follow the rule that provides the greatest good to society.
According to the utilitarian view of normative ethics, the moral course of conduct is the one that maximises utility. Utility is characterised in a variety of ways, including as enjoyment, financial security, and the absence of suffering. The Excellent: Everything is good, either because it makes us happy or because it is related to our happiness. Whether an action causes happiness or unhappiness determines whether it is proper or bad to do it.
A moral theory tells us what it is about an action that makes it right or what it is about a person that makes him or her good. It does not explain why one event leads to another, but rather why a person or a person's character is good or bad.
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Operation paydirt/fundred dollar bill project is a broad collaborative process of community education, fundraising, and political action, but its underlying issue links most closely to work by.
Operation paydirt/fundred dollar bill project is a broad collaborative process of community education, fundraising, and political action, but its underlying issue links most closely to work by LaToya Ruby Frazier.
What is the Operation paydirt/fundred dollar bill project?Operation paydirt/fundred dollar bill project can be described as the project that can be attributed to the joint collaboartion of the communities which focus on the process oif giving the education as well as the fundraising fopr those that actually in need of it, and this operation was designed to change the lives of the people in the communities, however this operation also help to provide political action in the communites , and it can be seen as one that most closely to work by LaToya Ruby Frazier.
It should be noted that LaToya Ruby Frazier can be described as the American artist who was also a professor of photography and was famous in the School of the Art Institute of Chicago.
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brianna owns and stocks greeting card display racks in supermarkets, drugstores, and discount stores. she is a(n) .
As Brianna owns and stocks greeting card display racks in supermarkets, drugstores and discount stores, she is a rack jobbers.
Who is a rack jobber?Also known as rack merchandiser, means the company or trader that has an agreement with a retailer to display and sell products in a store. The outlets for his/her products would be ones that traditionally do not stock such products such as gas stations, grocery stores, and others not traditionally associated with the products sold. Most often, the products are of a budget variety.
Furthermore, a rack jobbers, who handle a nonfood lines such as housewares or personal goods, primarily serve as a drug and grocery retailers. A rack jobbers that typically perform such functions is known as a delivery, shelving, inventory stacking, and financing jobber.
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what will happen to prices and gdp (p and y), when the government conducts a contractionary fiscal policy?
Price and GDP decreases when the government conducts a contractionary fiscal policy.
Fiscal policy is using government spending and taxation to influence the economy. Governments generally use fiscal coverage to sell robust and sustainable increase and decrease in poverty.
As an instance, governments can decrease taxes and raise spending to reinforce the economic system if wished; usually, they spend on infrastructure initiatives that create jobs and income and social packages. Or, if the financial system is doing nicely, a central authority can reduce spending and increase taxes.
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company a has a shorter average collection period than company b using the formula 365 / (credit sales / average ar balance). which of the following statements is true regarding these two companies?
In terms of these two firms, Company A is more effective than Company B at collecting receivables from customers.
What do clients in business portray?
An people or company that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate revenue; without them, they would cease to exist.
Who makes a good client?
Excellent customers act as advocates. When your product offers great value to them, great customers go beyond being just delighted. They more than just provide references. More than just excellent customer satisfaction ratings are given to you. A customer is an individual or business who receives, uses, or purchases a product.
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economist argue that consumers are better off when competition is strong and monopolies are limited to certain industries. one reason is the deadweight loss associated with monopoly markets and market power. which of the following is an example of deadweight loss in monopoly markets? lack of innovation and technological breakthroughs under monopolistic conditions failure to achieve economies of scale under monopolistic conditions consumer surplus lost because prices are higher and output is lower under monopolistic conditions guaranteed economic profit under monopolistic competition
The following is an example of deadweight loss in monopoly markets : ''consumer surplus lost because prices are higher and output is lower under monopolistic conditions''.
How does a monopoly reduce deadweight loss?A monopoly's profit is determined by total revenue less entire expense. The deadweight loss, seen by the red region ."Deadweight Loss," occurs when the overall production is below what would be considered socially optimum. Other circumstances, such as when there are quantity or pricing constraints, might result in deadweight loss.By producing the amount where marginal income and marginal cost overlap, a monopolist maximizes profit. As a result, society loses weight and there is a transfer of value from the consumer to the monopolist.Deadweight is lost as a result of this. Make it necessary for the monopoly to set its prices at the intersection of the demand and average cost curves. This boosts productivity, raises social surplus, lowers deadweight loss, and transfers some surplus from the monopoly to consumers.Learn more about monopoly markets refer to :
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You hire an experienced pet industry executive to consult with you both throughout the process. In your first meeting, she presents you with an initial market analysis and trend report.
The first decision you need to make is what type of retail format you think will be best for your new venture.
- Superstore
- Specialty store
- Category killer
- Specialty store
Answer:
Specialty store.
Explanation:
Since it's your new business and you surely don't want to incur a huge investment at this stage. So choosing the other stores such as superstores or category killers will be costly and moreover, they will be irrelevant to your business. Because why would you need to open a general store when your business is related to the pet industry?
How do bonds make money?.
Bonds make money by way of interest.
There are two ways to profit from bond investments. The first step is to keep those bonds until they mature and earn income on them. Typically, interest on bonds is paid twice a year.
Selling bonds for more than you paid for them at first is the second technique to make money with bonds.
There are two basic causes for bond price increases. The price of the bond will normally increase if the borrower's credit risk profile changes, making it more probable that they will be able to repay the bond when it matures.
Furthermore, an existing bond with a higher interest rate will appreciate in value if the current interest rates on newly issued bonds decline.
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for the following time series data, using the naive method (the most recent value as the forecast for the next period), answer the following questions. month value 1 14 2 13 3 9 4 15 5 30 6 23 (a) compute mean absolute error (mae). mae
MSE = 64.8
Forecast for month 8 is 14.
Explanation in detail:The following analysis was used to get the table.
1. Forecast value: we are instructed to utilize the most recent value for the following period, thus we use data from the preceding time series.
2. Absolute Value of Forecast Error: Absolute value is the modulus of a number that returns a positive value, e.g. |-x| = x
3. Forecast error squared: this is the mistake multiplied by itself.
Therefore,
MSE = total square prediction error divided by frequency
MSE = 389 / 6
MSE = 64.83
To 1d.p
MSE = 64.8
The prognosis for the next eight months is fourteen. This is the last time series value, and it will be the predicted value for the next eight months.
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which subject line for this direct request would be most suitable? a.planning star awardee banquet b.need information about awardee andrea alexander c.please help
Planning star awardee banquet subject line for this direct request would be most suitable.
What is a banquet?A formal, substantial dinner served to many people at once is called a banquet. Traditional banquets are conducted to boost the reputation of the host or strengthen social ties between co-contributors. A philanthropic gathering, a ceremony, or a celebration are contemporary examples of these uses. Speeches in praise of the subject or special visitor are a common part of them. The term "banquet" originally referred to a specific and different type of dinner, frequently held after a feast but in a different room or even building, which focused on sweet delicacies of various kinds. The term "banquet" originally signified a specific and different type of meal. These gained enormous popularity as sugar became more widely available in Europe at the beginning of the 16th century.
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brice is going to purchase a hi-def, flat-screen tv. he has decided on everything except the screen size. the unit with the 42-inch screen costs $600 while the unit with the 47-inch screen costs $750. in making this decision, which concept should brice use?
Brice should use the concept of Marginal Utility.
Marginal Utility
It is the increased satisfaction that a consumer can get when having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. Positive marginal utility occurs when the consumption of an item increases the total utility. Negative marginal utility occurs when the consumption of one more unit decreases the overall utility.
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markell's basis in the markit partnership is $68,695. in a proportionate liquidating distribution, markell receives the following assets:
Markell obtains the assets at $69417.The partnership interest of a partner is completely terminated by a liquidation distribution.
A liquidating distribution from partnership is what?The partnership interest of a partner is completely terminated by a liquidation distribution. A current dividend affects a partner's outside basis and capital accounting, but it does not result in the interest being terminated.When a partnership distributes non-cash assets to a partner as part of the liquidation of the partner's interest, the basis of those assets is the adjusted basis of that partner's interest in the partnership, less any cash received concurrently.A partnership interest obtained through a contribution has a basis equal to the cash amount plus the adjusted basis of any contributed property. IRC 722.Explanation:
$68,695+722 = $69417.
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mr. and mrs. harvey's tax liability before credits was $1,675. their income tax withholding was $1,050, and they are entitled to a $1,189 earned income credit. which of the following statements is true?
Mr. and Mrs. Harvey's earned income credit is earned income credit.
1050 + 1189 - 1675 = $564
The Earned Income Credit allows low- to moderate-earnings people and households to get a tax break. if you qualify, you could use the credit score to reduce the taxes you owe – and maybe grow your refund.
If you record electronically, most refunds are processed within 21 days after the receipt. in case you mail your paper go back, it could soak up to 4 weeks to get processed. you could click right here to discover how you may acquire the EITC refund. truly input your Social safety wide variety, filing popularity, and the exact refund quantity.
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What are some advantages that checking account after?.
Having a checking account comes with a lot of benefits. Safety. Cash is unnecessary. You can get proof of payment from your bank. Improve your credit. Your credit score can be improved with the help of a checking account. Convenience. You can get to your money without carrying cash.
Which two main advantages do checking accounts offer?
Benefits of having a checking account: Because some checking accounts pay interest, your money can grow even if it is just sitting there. FDIC insurance: You might be interested in the safety of a checking account if you have been storing your money in jars or under your mattress.
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TRUE/FALSE. the duty of accounting means that upon the request of the agent, the principal must immediately account for any work done by the agent and compensate him fairly for it.
True: the duty of accounting means that upon the request of the agent, the principal must immediately account for any work done by the agent and compensate him fairly for it.
Any money or property belonging to the principal that is entrusted to the agent must be accounted for. A real estate broker is obligated by this duty to protect any funds, deeds, or other documents that are given to agent and have to do with their client's business or affairs. Thus, the given statement is true.
For a real estate team, a real estate accountant oversees all accounting procedures. To ensure that financial reporting is accurate and well-organized, they manage accounts payable and receivable, create journal entries, reconcile business accounts, and input data into accounting software.
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an inflationary gap exists when:
An inflationary gap develops when demand for commodities and services exceeds supply due to factors such as greater employment levels, growing trade activity, or increased spending.
What is demand?The term “demand” is relying on people needs and wants to the amount of goods and services. Demand is an economic notion that deals with the connection between consumer demand for goods and services and their market prices.
An inflationary gap exists when they are the market of the higher in the demand of the goods and the services are the generating of the employment to the benefit of the government.
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The three largest Federal Reserve banks (New York, Chicago, and San Francisco) combined hold more than _____ percent of the assets of the Federal Reserve System.
A) 25
B) 33
C) 50
D) 67
The three largest Federal Reserve banks (New York, Chicago, and San Francisco) collectively hold more than 50% of the Federal Reserve's assets.
Federal Reserve banks Direct holdings make up about 95% of the Fed's total balance sheet. Nearly two-thirds are government bonds, including treasury bills, bonds and treasury bills. Mortgage Pfandbrief accounts for another third. The major items on that on the liability side of the Federal and Reserve balance sheet are the Federal Reserve notes (U.S. legal tender) and an equivalent number of depository institutions, U.S. Treasury Deposits held in Ministry, and other accounts. 2022. The value of the Federal Reserve's balance sheet has increased overall from about $0.9 trillion in 2007. As of November 1, 2022, the Federal Reserve had $8.68 trillion in assets on its balance sheet.
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Which of the following should be subtracted from net income in calculating net cash flow from operating activities using the indirect method?
a decrease in accounts receivable
a gain on sale of land
a decrease in accounts payable
payment for preferred dividends
The first option "a decrease in accounts receivable" should be subtracted from net income in calculating net cash flow from operating activities using the indirect method
What is net incomeNet income is the entire amount of money that a person or company made over a specific time period after deducting taxes, costs, and interest.
Most business owners must produce an income statement, one of the three primary financial statements, in order to determine their net income. The purpose of a company's income statement, also known as a "profit and loss statement" is to explain how you calculated your net income.
An income statement accomplishes this by starting with the total revenue for the period (which is often the first line of the statement), deducting each of your expenses and losses, line item by line item, and finally spitting out your net income on the very last line.
Because of this, net income is occasionally referred to as "the bottom line."
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The first option "a decrease in accounts receivable" should be subtracted from net income in calculating net cash flow from operating activities using the indirect method.
What is net income?Net income is the entire amount of money that a person or company made over a specific time period after deducting taxes, costs, and interest.
Most business owners must produce an income statement, one of the three primary financial statements, in order to determine their net income. The purpose of a company's income statement, also known as a "profit and loss statement" is to explain how you calculated your net income.
An income statement accomplishes this by starting with the total revenue for the period (which is often the first line of the statement), deducting each of your expenses and losses, line item by line item, and finally spitting out your net income on the very last line.
Because of this, net income is occasionally referred to as "the bottom line."
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a business will be able to protect its trademark for how long? forever, whether or not it is in use as long as the registration is renewed every 70 years if unregistered, as long as it is in use 20 years from the date of registration of the trademark
A business will be able to protect its trademark if unregistered, as long as it is in use. Option 3.
What is a trademark?A trademark is a form of intellectual property that consists of a recognisable sign, design, or expression used to identify goods or services as coming from a specific source and set them apart from those offered by other parties. The owner of a trademark may be an individual, a company, or another legal body.
Any sign that identifies the origin of your goods and services qualifies as a trademark. Words, phrases, logos, or combinations of these could all be used. It might even be a smell, a color, or a sound. Discussing "automobiles."
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which of the following must the comptroller of public accounts do for the legislative budgeting and appropriations process?
The comptroller produces a revenue prediction and makes sure that the budget approved by the legislature is within that range.
What part in the budgeting process does the comptroller play?The Comptroller serves as the Secretary of Defense's chief fiscal and budgetary advisor on issues related to financial management, accounting policy and systems, management control systems, budget creation and implementation, contract and audit administration, and general management improvement initiatives.
A budget committee is a team within an organization that manages the distribution of financial resources for a business and distributes monies appropriately to various departments within the firm. An organization's budget handbook is created and updated by the budget committee; it contains precise procedures and standards for budgeting.
The Department of Budget and Management is responsible for overseeing public expenditure management to ensure the fair, responsible, transparent, and accountable distribution and use of public monies to enhance the standard of living for every Filipino.
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compute interest and find the maturity date for the following notes. date of note june 10 principal $144,000 interest rate (%) 4% (b) july 14 $118,800 5% terms 60 days 90 days interest maturity date (c) april 27 $10,800 6% 75 days
The final payment due for a loan, bond, or other financial product has a maturity date.
How do you calculate maturity date?The [Sum Assured + Bonus Amounts] that have accrued over the course of the policy term + any [Final Addition Bonus] if declared are added together to calculate the maturity benefit. The nominee will additionally receive the Sum Assured amount as the Death Benefit if the policy holder does not survive the policy term.Maturity Benefit = The policyholder receives the Basic Sum Assured, accrued bonuses, and any Final Bonus payments at the time of maturity.Benefits for guaranteed maturity are given upon maturity. Prior to the purchase of the plan, the policyholder is informed of the predetermined amount. As a result, "Past performance" is not denied.
A)June 10 $144,000 4%
B)July 14 $118,800 5% 90 days
C)April 27 $10,800 6% 75 days
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donis Corporation issued 10-year, 8% bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 7.5%. Adonis received $206,948 in cash proceeds. Which of the following statements is true? Adonis Corporation issued 10-year, 896 bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 7.596. Adonis received $206.948 in cash proceeds. Which of the following statements is true? A. Adonis must pay $200.000 at maturity and no interest payments. B. Adonis must pay $206,948 at maturity and no interest payments. C. Adonis must pay $200.000 at maturity plus 20 interest payments of 58.000 each. D. Adonis must pay $206,948 at maturity plus 20 interest payments of $8.000 each E. Adonis must pay $200,000 at maturity plus 20 interest payments of $7.500 each.
At maturity, Adonis is required to pay $200,000 plus 20 interest charges of $8,000 each.
Why do you use the word "market"?Market: A process whereby things and services are exchanged as a result of contacts between sellers and buyers either immediately or through intermediaries or institutions.
What does "market" mean in business?A market is a gathering place for both buyers and sellers where they can swap goods and services. Marketplace can be real-world, like a physical store, or digital, like an online retailer. The black market, an auctions economy, and the financial sector are more examples.
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as part of risk management, certified exercise physiologists should have written policies, procedures, and forms to ensure that they:
In order to guarantee that they take the proper precautions, Certified Exercise Physiologists should have documented rules, processes, and forms as part of their risk management approach.
What kind of certification is available to clinical exercise physiologists?The two main programs that provide exercise physiologists with their primary qualifications are ASEP and the American College of Sports Medicine (ACSM). You could choose to go after the following: a certification for exercise physiologists. certification as an exercise physiologist, or EP-C.
Do exercise physiologists have the option of starting their own business?Exercise physiologists also have their own businesses in addition to serving as consultants for athletic or sporting performance. Exercise physiologists can also be found working as clinicians, athletic directors, coaches, trainers, wellness directors, activity managers, program coordinators, rehabilitation experts, and a variety of other roles.
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a firm in perfect competition earns profit if: answer unselected price is greater than average total cost unselected price is less than average total cost unselected price is equal to average total cost
Firms in a perfectly competitive world earn zero profit in the long run. While firms can earn accounting profits in the long run, they cannot earn economic profits.
Based totally on its preferred income and ordinary cost curves, a superbly competitive company—just like the raspberry farm—can calculate the quantity of output on the way to provide a pleasant stage of profits. At any given amount, popular revenue minus overall price will identical profits.
If the marketplace rate obtained thru a beautifully competitive firm leads it to provide an amount wherein the fee is extra than the commonplace charge, the employer will earn earnings.
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which one of the following would be considered a contingent liability? a company owes $44,000 on inventories purchased on credit a company has $980,000 worth of bonds outstanding a company estimates that it will probably have to pay $48,000 to the department of environment protection for a chemical spill the company has access to a line of credit with a bank in the amount of $576,000 the company believes that it is reasonably possible it will lose a lawsuit but is unable to determine the possible damages
Among the following cases, the case which would be considered as contingent liability is: "the company has access to a line of credit with a bank in the amount of $576,000".
Contingent liability is a liability that could arise contingent upon the outcome of an uncertain future occurrence. If the contingency is probable and its monetary impact can be reliably assessed, contingent liabilities are documented. If neither condition is met, the liability may be disclosed in a footnote on the financial statements.
Typical examples of contingent liability are pending lawsuits and product warranties because their outcomes are uncertain. The accounting rules for reporting contingent liabilities vary based on the estimated dollar amount of the liability and the probability that the event will occur. The accounting rules guarantee that readers of financial statements receive adequate information.
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You are auditing payroll items for your manufacturing client. Examining pay checks by employee class can be a very useful audit procedure. Use the visualization titled ""Average Max and Min Gross Wages by Job Title"" to answer the following questions.
Payroll audits can happen for a variety of reasons, including: a call from the government informing you that you might have acted improperly.
What is payroll?Payroll is the amount of money an employer owes employees for a set period of time or on a particular day.
It is typically handled by the accounting or human resources departments of a corporation. Small enterprises' payrolls might be handled directly by the owner or a coworker.
Payroll processing is increasingly being outsourced to specialized businesses that also handle insurance, benefits for employees, and accounting tasks like tax withholding.
Payroll fintech firms including Atomic, Bitwage, Finch, Pinwheel, and Wagestream are employing technology to automate payroll processes.
Digital payroll documentation is one of these solutions, along with other cutting-edge technology-enabled services required by the gig and outsourcing economies.
Additionally, they pay workers more swiftly and easily.
Hence, Payroll audits can happen for a variety of reasons, including: a call from the government informing you that you might have acted improperly.
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the risk-free rate of return is 2.5% and the expected return on the market is 8%. if the beta on ridgeway co. stock is 0.8, then what is ridgeway's expected return?
When the risk-free return is 2.5%; the expected return is 8%; and beta is 0.8, then the total amount of expected return will be approximately 6.9 percent.
The computation for the actual expected return can be done using the generalized formula and the information provided, as below,
Expected Return = Risk Free Return + Beta*(Expected return-risk free return)
Expected Return = 2.5% + 0.8 * (8-2.5/100)
Expected Return = 6.9%
Therefore, the expected return on the stock for Ridgeway will be approximately 6.9 percent.
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a guy go into a store and takes $100.00 fro the register . he then buys $70.00 worth of goods and gets $30.00 change . how much did the store lose ?
A guy go into a store and takes $100.00 from the register . he then buys $70.00 worth of goods and gets $30.00 change The store loses $100 in the above process.
What is goods?Goods refers to the tangible item sold to the customer and service is the task performed for the benefit of the recipient. Examples of goods are cars, appliances, and clothing. In economics, a commodity is an object that satisfies a human need and provides utility to customer and others who purchase satisfying products. A distinction is made between transferable goods and non-transferable goods. Fundamental rights are realized (and human security guaranteed) through the provision of basic goods, goods and services that meet objective human needs. A Goods is a physical product that can be delivered to a Buyer and involves a transfer of title from the Seller to the Customer. Goods also refer to any kind of goods or items, excluding services, involved in trade or commerce.To learn more about goods from the given link :
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which of the following statements concerning the principle of accounting conservatism is true? group of answer choices according to the tax law principle of conservatism, taxpayers should deduct expenses and losses in the earliest reasonable year. according to the gaap principle of conservatism, financial statements should report expenses and losses in the earliest reasonable year. the gaap principle of conservatism tries to prevent the overstatement of book income and the understatement of taxable income. according to the tax law principle of conservatism, taxpayers should deduct expenses and losses in the same year as they are reported on the taxpayers' financial statements.
The statement, ''according to the GAAP principle of conservatism, financial statements should report expenses and losses in the earliest reasonable year'', is the one that is true concerning the principle of accounting conservatism. Therefore, the option B holds true.
Accounting conservatism can be referred to or considered as the principle, which is a part of the GAAP, or Generally Accepted Accounting Principles, wherein the use of these principles is universally applicable in almost all the methods of accounting. As per these principles, the firm must report expenses and losses in its financial statement sooner than they occur.
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at most traditional department stores, salespeople employed by the various cosmetics vendors who supply the merchandise to the stores straighten stock, set up displays, assess inventory levels, and write orders. these activities highlight which value of personal selling?
These activities emphasize time savings and make shopping simpler.
What is inventory?The items and commodities that a business maintains on hand with the intent of reselling, producing, or using them are referred to as inventory or stock.
Defining the size, location, and shape of stocked commodities is a major focus of inventory management. Prior to the normal and scheduled course of production and stocking of materials, it is necessary at various points within a facility or at several sites of a supply network.
Hence, these activities stress time savings and ease of shopping.
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