Having outcomes that are proportionate to the behavior and making sure employees know what to expect are two ways to ensure distributive justice. The correct option is A,
What does distributive justice focus on?The fair distribution of resources among the many community members is at the center of distributive justice. The overall amount of products to be allocated, the method of distribution, and the distribution pattern that follows are often taken into account in a fair allocation.
According to the distributive justice theory, society has a responsibility to assist those in need, and everyone has a responsibility to assist those in need. Distributive justice is linked to human rights by its proponents.
Thus, the ideal selection is option A.
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What are typically netted against sales to arrive at net sales?
Sales discounts, sales return and allowances and credit card discounts are typically netted against sales to arrive at net sales.
The total of a company's net sales is its gross sales less any returns, rebates, and reductions. Externally, net sales calculations aren't always transparent. They can often be taken into account when determining top line revenues that appear on the financial statements.
Companies cannot be very open with the public about their net sales. Due to the various variables that influence its computation, net sales may not be applicable to every industry and company. Gross profit and gross profit margin will be affected by costs related to net sales, although net sales do not take into consideration cost of goods sold, which is typically the largest factor affecting gross profit margins.
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co-ownership can occur in a variety of ways, with significant variation in how the bundle of rights is jointly held. all of the following entities are forms of direct co-ownership except:
a taxpayer has two dependent children who are attending an accredited college. his son is a senior who spent $11,000 for tuition and fees. his daughter is a freshman and had tuition expenses of $4,000. the taxpayer meets all the income and filing status requirements for the education credits. there is no tax-free assistance to pay these expenses. what is the maximum credit that he may claim on his tax return?
The most credit score that he may also declare on his tax go back is
Option B ( $5000 American Opportunity Credit )$2500 Per student * child's= $5000
The required details for tax return in given paragraph
A tax go back is a shape or paperwork filed with a tax authority that reviews income, expenses, and different pertinent tax facts. Tax returns permit taxpayers to calculate their tax liability, time table tax payments, or request refunds for the overpayment of taxes. In maximum countries, tax returns should be filed yearly for an character or enterprise with reportable income, consisting of wages, interest, dividends, capital gains, or different profits.
In the United States, tax returns are filed with the Internal Revenue Service (IRS) or with the country or local tax series agency (Massachusetts Department of Revenue, for example) containing facts used to calculate taxes. Tax returns are commonly organized using paperwork prescribed with the aid of using the IRS or different applicable authority.
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to what extent do you believe a supply chain can be redesigned to compensate for poor product design or poor product quality?
The extent upto which a supply chain can be redesigned is to incorporate newly designed sites and resources into their system.
Without a strong supply chain network design tool, businesses could find it difficult to swiftly and easily integrate recently acquired sites and resources into their infrastructure. This may result in extended, ineffective transition times, resource waste on the part of the business, and a reduced rate of return on investment.
Redesigning the supply chain necessitates complicated skills like integrating with consumers and suppliers to produce value as well as gathering external data and turning it into actions that can result in products with a marketable worth.
Organizational redesign frequently occurs as a result of a business's expansion or desire to reduce its size. However, it could also be a result of a shift in the organization's strategy, leadership, or operating environment as a whole.
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suppose in one year, you will be receiving $3,000. and in two years, $2,000. in 3 years, $5,000, and in 4 years $2,000, and in 5 years $1,000. what is the pv of these uneven cash flows if you assume a 11% interest rate?
The present value for these given un even cash flows is 9892. Present value is calculated by dividing future value to the compounded interest to n years which is explained below
Present Value (PV)= Future Value(FV) / (1+i)^n
PV= 3000/(1+0.11)^1 + 2000/(1+0.11)^2 + 5000/(1+0.11)^3 + 2000/(1+0.11)^4 + 1000/(1+0.11)^5
PV = 2703 +1623 + 3656 + 1317 + 593
PV = 9892
According to present value, a sum of money is worth more today than it will be tomorrow.
To put it another way, present value demonstrates that money obtained in the future is not as valuable as money received today.
Unspent funds now might depreciate in value over time at an assumed annual rate due to inflation or the rate of return on investments, if any.
In order to calculate current value, it is necessary to make the assumption that the money could receive a certain rate of return.
The predicted cash flows from an investment are discounted to the present to determine the present value.
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at the beginning of the year, plummer's sports center bought three used fitness machines from primo fitness, an established supplier of used, new and refurbished gym equipment in southern california. the machines immediately were overhauled and started operating. the machines were different; therefore, each had to be recorded separately in the accounts. machine a machine b machine c invoice price paid for asset $23,000 $28,700 $17,200 shipping costs (paid by plummer) 2,300 2,000 1,300 renovation costs prior to use 3,500 2,500 3,100 by the end of the first year, each machine had been operating 5,000 hours.
The journal entry to record the first-year depreciation expense for Plummer's Sports Center is as follows:
Adjusting Journal Entry:Debit Depreciation Expenses $12,676
Credit Accumulated Depreciation Machine A $4,383
Credit Accumulated Depreciation Machine B $2,115
Credit Accumulated Depreciation Machine C $6,178
To record the depreciation expense for the first year.What are the depreciation methods?The depreciation methods used include:
The straight-line method (the depreciable amount is divided by the number of years).The unit-of-production or hours of production (the depreciable amount is divided by the useful life (units) and multiplied by the usage units).The double-declining method (the capitalized cost is depreciated at double the straight-line rate).Machine A Machine B Machine C
Invoice price paid for asset $23,000 $28,700 $17,200
Shipping costs (paid by Plummer) 2,300 2,000 1,300
Renovation costs prior to use 3,500 2,500 3,100
Capitalization costs $28,800 $33,200 $21,600
Residual Value (2,500) (3,600) (3,200)*
Depreciable amount $26,300 $29,600 $18,400
Depreciation life 6 years 70,000 units 7 years
Depreciation rate $4,383 $0.423 28.6% (100/7 x 2)
1st-year depreciation expense $4,383 $2,115 $6,178
($0.423 x 5,000) ($21,600 x 28.6%)
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Question Completion:Prepare the entry to record depreciation expense at the end of Year 1, assuming the following:
Estimates
Machine Life Residual value Depreciation Method
A 6 years $2,500 Straight-line method
B 70,000 hours $3,600 Unit-of-production
C 7 years $3,200 Double-declining
explain how citizen taxpayers indicate their preferences for the combination of services and taxes offered by state and local governments.
Citizen taxpayers indicate their preferences for the combination of services and taxes by their votes
Voting is one way for citizens to express their preferences. Many people believe that we only elect representatives when we cast our votes, but in reality, we also decide what laws we want to be passed and who we want to lead the country.
For instance, some citizens would have chosen President Biden over Donald Trump if they wanted the government to provide cheap healthcare and tax the wealthy more heavily than the poor. The choice of tax preference is limited to the countries with democracy, dictators still enjoy their tax structure.
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consumer surplus is equal to the difference between the minimum price a buyer is willing to pay and the market price. the maximum price a seller is willing to accept and the market price. the minimum price a seller is willing to accept and the market price. the maximum price a buyer is willing to pay and the market price.
Consumer surplus is the difference between the highest price a buyer will accept and the market price.
What is consumer surplus?Consumer's surplus is defined as "exceeding the price that a consumer would be willing to pay over that which he actually pays" by British economist Alfred Marshall.
The price a consumer is willing to pay minus the amount he actually pays is the consumer's surplus.
Additionally, when the price and marginal utility are equal, the consumer is in equilibrium. In other words, he pays a price at which the marginal utility equals the cost. All apartments now have a fixed price. As a result, all units receive surpluses from him except for the one near the margin. Consumer surplus is this excess usefulness.
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What reduces profit margins for air carriers?
Fuel, specifically labor, the top expense, and capacity cut into the profit margins for airlines. This manual includes formulas, examples, and an Excel template you may use to compute the values on your own.
A company's operating profit margin (revenue less COGS and operating expenses) and net profit margin are three accounting and financial metrics known as profit margins (revenue minus all expenses, including top expense interest and taxes). This manual includes formulas, examples, and an Excel template you may use to compute the values on your own.
Three main margin ratios—gross, operational, and net—should be taken into account when determining a company's top expense profitability. Each profit margin formula is broken down below.
The formula for calculating the gross profit margin is as follows: gross profit margin = 100 times the revenue.
Operating Profit Margin is calculated by multiplying the operating profit by 100.
Net Income Margin is calculated by dividing revenue by net income and multiplying the result by 100.
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Answer:large corporate customers contracting with the US airline industry
Explanation:
Which of the following statements are true about the chart of accounts?
a. Different companies use different charts of accounts based on individual company need.
b. The chart of accounts contains the balance of all of the accounts in a ledger.
c. The chart of accounts should be ordered in a logical sequence based on type of account.
d. The chart of accounts can be ordered in any sequence because they are not formal financial systems.
The following statements regarding the chart of accounts are accurate: Depending on the needs of each organization, various charts of accounts are used.
Based on account type, the chart of accounts should be arranged in a logical order.
An index of all the financial accounts in a company's general ledger is called a chart of accounts (COA). In a nutshell, it is a organization management tool that offers an easily understandable analysis of all financial transactions that a business made within a certain accounting period, divided down into subcategories.
Companies use a chart of accounts (COA) to arrange their finances and provide interested parties with a greater understanding of their financial health, such as shareholders and investors. To organization accomplish this and guarantee that the financial statements comply with reporting rules, expenses, revenue, assets, and liabilities are separated.
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What is the name of the organization that published abbreviations that are meant to avoid confusion in international business transactions?.
International commercial terms, or Incoterms, are published by the International Chamber of Commerce (ICC) in order to ease international trade. Incoterms, which are widely accepted, eliminate misunderstandings in international commerce contracts by outlining the responsibilities of both buyers and sellers.
Why is FCA used?Free Transport
The seller is responsible for export clearance and delivering the goods to the carrier at the designated point of delivery in accordance with the FCA Incoterms (short for "Free Carrier") shipping conditions.
Who is the author of Incoterms?ICC
The ICC has been dedicated to facilitating global trade since its foundation in 1919. A standard set of norms and regulations was required due to the disparate business methods and legal interpretations used by merchants worldwide. In response, the first Incoterms® rules were released by ICC in 1936.
What do Incoterms in global trade mean?The International Chamber of Commerce ("ICC") developed a collection of commercial/trade standards known as the Incoterms, which are applied in contracts for international sales. [1] The Incoterms are not requirements; rather, the parties to a contract must expressly include them in order for them to have legal force.
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Direct customer interviews are a challenging but effective way to verify the findings of a customer journey map.
a. True
b. False
Direct customer interviews are a challenging but effective way to verify the findings of a customer journey map is true.
A Customer (also known as a client, buyer, or purchaser) is the person who receives an item, service, product, or idea from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valuable consideration. Early communities relied on a favor-based gift economy. Later, when commerce grew, fewer lasting human relationships were formed, based on temporary wants rather than long-term social desires.
Customers are those who buy goods and services, whereas clients are those who receive specialized advise and answers. Despite the fact that such distinctions have no current semantic weight, agencies such as legal companies, film studios, and health care providers prefer client, whereas grocery stores, banks, and restaurants prefer customer.
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mention any 5 components to keepin mind while making professional plan
A professional plan is essential for the inception, growth, and overall success of a company. These professional plans provide a business with a vision for the future and a clear strategy for how to expand.
They are important for several reasons, one of the most prominent reasons being that
They provide a clear outline of actions that companies can take to reach their goals.Also, they provide insight as to what resources the business needs to reach its goalsThey establish a clear timeline of when a company can expect to achieve goalsThey can help a company determine the steps to take to expand into a new marketThey can offer a straightforward way to track progress as a company growsThere are several components to keep in mind while making a professional plan and each of them can help one to create a plan that leads your company toward success.
1. Executive summary: It is the first and one of the most critical parts of a business plan. It provides an overview of the business plan as a whole and highlights what the business plan will cover.
2. Market analysis and strategy: Its purpose is to research and identify a company's primary target audience and where to find this audience.
3. Products and services description: This comprises how you plan to manufacture them, how long they can last, what needs they may meet, and how much you project it might cost to create them.
4. Competitive analysis: It is very important to outline your competitors' weaknesses and strengths and how you expect your company might compare to these.
5. Financial projection and needs: It explains how you anticipate bringing in revenue. So, Include your financial statements, an analysis of these statements, and a cash flow projection.
economists generally use real gdp as a reference point because it: multiple choice isolates changes in output. is seasonally adjusted for variations in spending habits. varies less than nominal gdp does. captures spending in the underground economy.
Economists generally use real GDP over nominal GDP because it varies less than the nominal GDP. Economists are also using it to understand a variety of ways and means to make sure of the surrounding economy.
What is the meaning of GDP?Gross Domestic Product is very important in the case of understanding the market economically. The most important thing about economically understanding the Gross domestic product will become very problematic.
GDP or the Gross Domestic Product is the value of final goods and services that are supposed to be sold in the market. The value of the goods to b sold is necessary because it reflects the natural circumstances the nature and the actual reality of the society's Economy.
The more the GDP of a particular country helps in the process of earning the society. The final value of the GDP is beneficial asit talks about the value of money in a given time frame. Hence, option C is correct
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A cash discount can be summarized as a discount given to ______________ to encourage them to pay ___________.
A cash discount can be summarized as a discount given to buyers to encourage them to pay bill before schedule.
Cash discounts are incentives provided by a seller to a buyer in exchange for paying a bill in full earlier than the due date. In a cash discount, the seller typically lowers the amount owed by the buyer by a modest percentage or a predetermined sum of money.
A seller may provide a cash discount to a buyer in order to: 1) spend the money sooner if there is a cash flow problem; 2) save the expense and trouble of charging the client; or 3) reinvest the money in the company to accelerate growth.
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According to the goldman sachs video case study on the factory of the future, which one of the following developments was not described as being a characteristic that defines the factory of the future?.
Daniela Costa, head of the European Capital Goods Equity Research team in Goldman Sachs Research, outlines three key drivers of this development, which could provide more than $500 billion in combined savings for manufacturers and customers.
Goldman Sachs is an American multinational funding financial institution and monetary offerings company. Founded in 1869, Goldman Sachs is situated at 2 hundred West road in decrease big apple, with local headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, and Salt Lake town, and extra places of work in different global monetary facilities. Goldman Sachs is the second biggest investment financial institution in the international through sales and is ranked 57th at the Fortune 500 listing of the largest united states of America companies by overall revenue. It's miles considered a systemically critical financial institution by way of the economic balance Board. The employer has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. Federal government thru a "revolving door" of former employees, and using up charges of commodities through futures hypothesis.
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Briefly describe the four primary functional areas of a firm. how is operations related to them?
Marketing, production, finance and personnel are the four primary functional areas of a firm.
A company that offers professional services is referred to as a firm. This can be a corporation, limited liability company (LLC), or partnership.
A corporation, firm partnership, limited liability company, or sole proprietorship are examples of firms. A partnership is slightly more frequently linked to the phrase.
The process of raising money or capital for any kind of expenditure is referred to as finance. It involves directing different sources of funding, such as credit, loans, and invested capital, to the businesses that can use them most effectively. To assist you in making more informed trading decisions, finance offers real-time market quotes, global exchanges, current financial news, and analytics.
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these are ways to establish good credit: question 5 options: job! open savings account open checking account and manage it well. get a credit card such as a gas card or store card and make small purchases. spend money on football tickets.
The best way to establish good credit is to open a savings account and a checking account, and manage them both well. Another good way to establish credit is to get a credit card and make small purchases with it.
What is credit card?
A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services according to the amount of debt they have accumulated. The card issuer (typically a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards as well as business credit cards are the two types of credit cards. The majority of cards are made of plastic, but some are made of metal (stainless steel, gold, palladium, titanium), while others have gemstones embedded in the metal.
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Answer:
The best way to establish good credit is to open a savings account and a checking account, and manage them both well. Another good way to establish credit is to get a credit card and make small purchases with it.
Explanation:
A person's buying power is a function of?
a) disposable income.
b) past income, natural resources, and financial resources.
c) wages, rents, and investments.
d) income, wealth, and credit.
e) discretionary income.
A person's purchasing power is a function of income, wealth, and credit.
Purchasing power of money is the ability of a currency when you convert it to goods and services. Purchasing power of money also can be described as the conversion rate of money towards goods and services. Purchasing power of money also known as the real value of money.
The purchasing power of money is an important indicator in making decisions. If purchasing power drops, you get less product using the same amount of money as before. The main determinant of the purchasing power of money is price. The purchasing power of money decreases as the price increases. We use the term price level to represent the average price of various goods and services in the economy at the aggregate level. The increase in the price level we call inflation.
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on january 1, 2020, chamberlain corporation pays $550,800 for a 60 percent ownership in neville. annual excess fair-value amortization of $23,500 results from the acquisition. on december 31, 2021, neville reports revenues of $458,000 and expenses of $310,000 and chamberlain reports revenues of $810,000 and expenses of $441,000. the parent figures contain no income from the subsidiary. how much is consolidated net income attributable to chamberlain corporation?
If the parent figures contain no income from the subsidiary. The consolidated net income attributable to chamberlain corporation is $443,700
In the question, we have given,
Chamberlain Corporation pays = $550,800
Ownership in Neville = 60 percent
Annual excess fair-value amortization = $23,500
On December 31, 2021, Neville reports:
Revenues = $458,000
Expenses =$310,000
Chamberlain reports:
Revenues = $810,000
Expenses = $441,000
Subsidiary book net income:
= (Revenues - Expenses) reported by Neville - Annual excess fair-value amortization
= $458,000 - $310,000 - $23,500
= $124,500
Net income attributable to NCI = 124,500 x 0.40
= 49,800
Net income attributable to Chamberlain Corporation:
= (Revenues reported by Neville and Chamberlain)-(Expenses reported by Neville and Chamberlain) - Annual excess fair-value amortization - Net income attributable to NCI
= 458,000 + 810,000 - 310,000 - 441,000 -23,500 - 49,800
= $443,700
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Geraldo is the owner/manager of geraldo’s cleaning service, a firm that cleans office building. Geraldo has a team of seven employees who do a fantastic job. To encourage them to keep up the good work, geraldo tells his employees that if they continue to work hard until the end of the quarter and if he is pleased with his profits at the end of the quarter, he will give them each a $100 bonus. At the end of the quarter, the company’s profits were extremely high. Will geraldo have to make good on his promise of a $100 bonus for each employee?.
Yes, Geraldo will have to award the bonuses because profits were extremely high.
Here, Geraldo promised if he is pleased with his profits at the end of the quarter, he will give his employees each a $100 bonus. As the profits are extremely high, he will have to award bonuses.
2. No. Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Here, there was a lack of knowledge about the subject matter of the contract on the part of Robert. So, Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Profit:-
Profit is what's left over after all expenses are covered. These expenses consist of labor, supplies, debt interest, and taxes. Typically, profit is used to describe a business's operations. However, everyone who earns money makes money. It's what's left over after the bills have been paid.
Profit is how business owners are rewarded for their investments. It is immediately paid as income in small businesses. In corporations, it's frequently distributed to shareholders in the form of dividends.
A "loss" is what happens when costs exceed income. A business falls bankrupt if losses persist for too long.
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The level of real GDP person
a. differs widely across countries, but the growth rate of real GDP per person is similar across countries.
b. is very similar across countries, but the growth rate of real GDP per person differs widely across countries.
c. and the growth rate of real GDP per person are similar across countries.
d. and the growth rate of real GDP per person vary widely across countries.
Across nations, there are significant differences in real GDP per person levels and growth rates.
Inflation is accounted for in real GDP. In other words, Real GDP does not account for the impact of price increases and instead measures the actual increase in products and services. The average GDP per person in the economy is taken into account when calculating real GDP per capita.
The real GDP growth rate divided by the population growth rate gives the growth rate of real GDP per person. For instance, if an economy's real GDP increases by 5% while the population increases by 2%, the real GDP growth rate per person would be 3%.
Population, physical capital, human capital, and technological disparities among nations can all affect real GDP. There is still a sizable disparity in real GDP between nations even after accounting for variations in labor, physical capital, and human capital.
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The six important business objectives of information system investment include all of the following except?
a new products and services.
b operational efficiency.
c internet of things.
d customer intimacy.
The six important business objectives of information system investment include all of the following except option(c)i.e, the internet of things.
Business objectives are the particular, measurable results that guests have in mind to maintain as their organization evolves. When you establish a set of business aims, you devote effort to something specific. This method analyzes, evaluates, and understands where you are immediately and the place you want to affiliate with the organization in the future.
The five key Business objectives for some organizations involve kind, speed, dependability, elasticity, and cost. Information systems are groups of multiple facts possessions (e.g., spreadsheet, fittings, computer arrangement links, the system residence, structure consumers, and computer plan facts) to gather, process, store, and distribute news.
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your accountant has convinced you that you should invest your bonus from this year into your retirement account—instead of buying a new sports car—because of the high expected return on the investment. determine which of these fundamental factors is affecting the cost of money in the scenario described:
In the given Scenario the Time preferences for consumption will affect the cost of money, because
The preferences of consumers for current consumption as opposed to saving for future consumption.
I.e your accountant has preferred you to oppose the current consumption of buying a new sports car as to saving for future consumption by investing in your retirement account.
Let me discuss the other two factors for the shank of knowing:
Risk:
The chances that an investment will provide a low or negative return.
Inflation:
The amount by which prices increase over time.
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advantages of investing in mutual funds include all of the following except a. meeting specific investment goals. b. professional management. c. there is virtually no risk of loss. d. diversification of your investment.
Whenever you buy a mutual fund, some money is deducted from your amount as the expense ratio. With this money, some part is given to a professional fund manager to manage your portfolio. The fund managers here with their knowledge and experience try to get higher returns with less risk for you.
As you know the expense ratio is very less. You can get the services of a professional for this very little cost. The reason for the low cost in Mutual Funds is that many people invest in one fund together, due to which the cost of managing that fund is divided among all the individuals.
The biggest advantage of mutual funds is that you can start a SIP with ₹500 or ₹1,000 as well. Even if you want to do Lam Sum, you can get Lam Sum from ₹ 1000 to ₹ 5000 according to your budget.
You do not need a lot of money in this. Also, you will not have to wait to invest that when your income is more then you will invest.
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merchandise is marked with a black-and-white series of lines to indicate the item's manufacturer, description, packaging, and promotions. what is the name of these lines?
The black and white series of lines is known as the Universal Product Code
The term "UPC," or "universal product code," refers to a specific kind of code that is written on retail goods packaging to help identify a specific item. There are two components to it: the machine-readable barcode, which is a pattern of distinctive black bars, and the distinctive 12-digit number below it. When an item is scanned at the register, UPCs are meant to make it simple to identify product characteristics such as the brand name, item, size, and colour. In fact, expediting the grocery store checkout procedure is the main reason they were developed in the first place. UPCs can be used to track inventory inside a store or warehouse.
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the adjusting entry to record depreciation on equipment includes a ______. (select all that apply.)
An Accumulated Depreciation Credit and a Depreciation Expense Credit are both included in the adjusting entry to reflect equipment depreciation.
In the accounting period in which a long-term asset is acquired, it should be capitalized as opposed to being expensed. Expensing an asset right away would result in an overestimation of the equipment depreciation in the current period and an underestimation of the expense in all subsequent periods, assuming the asset is economically viable and generates returns beyond the first accounting period. Depreciation Expense is used to better match a long-term asset's expense to the time it provides benefits or to the revenue it generates in order to prevent this from happening.
Depreciation Expense is calculated using a variety of approaches, and the type is typically chosen to reflect the equipment depreciation characteristics. Vehicles, for instance, are assets that depreciate significantly more quickly in the first few years; as a result, an accelerated depreciation approach is frequently used.
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The complete question is
The adjusting entry to record deprecation on equipment includes a _______. (Select all that apply)
a. debit to Accumulated Depreciation
b. credit to Equipment
c. credit to Depreciation Expense
d. credit to Accumulated depreciation
e. debit to Depreciation Expense
f. credit to Cash
Which of these are forces within an organization's general environment? (select all that apply) A. Economic B. Physical C. Political-Legal D. Technological
The PESTEL forces of economic, physical, political-legal, and technological nature make up an organization's overall environment.
The six general environmental influences are examined by organizations while making strategic business decisions. Political, economic, social, technical, environmental, and legal elements constitute the PESTEL acronym for these forces. Temperature, food, pollutants, population density, sound, light, and parasites are a few examples of environmental influences.
A PESTLE analysis gives contextual information about the company's direction, brand positioning, growth objectives, and productivity threats (such as the possibility of another pandemic). It can be used to define new product development and judge the viability of already available goods and services.
The task environment and a company's capacity to obtain the necessary materials and export items can both be shaped by general environmental pressures. They have the power to influence crucial elements of their business, such as their customers' propensity to buy their goods.
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beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using last-in, first-out, the 3 goods sold are . multiple choice question.
$33 is the cost of the goods sold by the company using the LIFO method
Beginning inventory:
Number of items in the inventory = 4 items
Cost of each item = $10
Purchased items during the month:
Number of items purchased = 3 items
Cost of each item = $11 each
The company sold 3 items using the LIFO method, according to which the inventory which is purchased last by the company will be sold first. Hence, the 3 items which are purchased will be sold first as against the beginning inventory.
Hence, the cost of goods sold for the three items = 3*11 = $33
Learn more about LIFO method:
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5. People who are good at managing time will
a) plan their vacation while at work.
b) spend a lot of time talking to coworkers about cars.
c) think about how long each job will take.
Answer:
5. People who are good at managing time will
c) think about how long each job will take.
Explanation:
