if a business places several different assets in service during the year, must it use the same depreciation method for all assets? if not, what restrictions apply to the business's choices of depreciation methods?

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Answer 1

The Tax Cuts and Jobs Act altered tax credits, expensing, depreciation, and deductions. Limits are based on the kind of business and revenue.

The MACRS depreciation technique is what?

In the early years of an asset's life, the MACRS depreciation technique permits higher deductions; in the latter years, it permits lesser deductions. Contrast this with straight-line depreciation, which allows you to claim the same tax benefit every year until the asset's useful life is completed.

What do the depreciation needs and restrictions mean?

Depreciation is the term used to describe the gradual decline in value of a company's assets brought on by usage, deterioration, and obsolescence. In other words, it is a way for spreading out an asset's cost throughout the course of its useful life.

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a major oil-producing country is unhappy about the increasingly belligerent stance of its neighbor toward an important ally. in order to coerce its neighbor into taking a more diplomatic approach, the country decides to cut the supply of oil to its neighbor by 20 percent. what type of sanction has the country enacted?

Answers

Embargo, is the sanction that the country has enacted. An official prohibition on doing business with a specific nation.

Why didn't the embargo work?

The embargo was a total failure, as it turned out. It did not strengthen America's standing abroad, revealed our vulnerability and lack of power, seriously hurt (and only) our economy, and dramatically heightened political tensions at home.

In shipping, what does embargo mean?

In the case of a freight embargo, carriers or carrier firms halt accepting loads of freight based on a certain geographic area or a particular product category. For as long as the embargo is in effect, you as a shipper will be unable to arrange a pickup or send any goods through the impacted carriers.

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the manager has set a restocking level of 600 blue ink pens for their closet. this week, the manager has counted 220 blue ink pens in the closet. how many blue ink pens will the manager order from their supplier? in other words, what is the order quantity?

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# the manager has set a restocking level of 600 blue ink pens for their closet. this week, the manager has counted 220 blue ink pens in the closet. how many blue ink pens will the manager order from their supplier? in other words, what is the order quantity?

380 , the manager has set a restocking level of 600 blue ink pens for their closet. this week, the manager has counted 220 blue ink pens in the closet.

To closet or replenish (anything) with a stock is a transitive verb. restocking the shelves and pantry. The reservoir will be restocking with fish as soon as the drought is over and water levels are back to normal, according to the Texas closet of Fish and Wildlife. The freezer has to be restocking . The shop owner  is closet diligently to replenish his shelves with cucumbers and coconuts. Roach were replenished in the lake last year.

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the predicted annual costs for mighty motors are as follows: manufacturing costs selling and administrative costs variable $ 250,000 variable $250,000 fixed 350,000 fixed 550,000 average total assets for the year are predicted to be $7,500,000. (a) if management desires a 10% rate of return on total assets, what are the markup percentages for total variable costs and for total manufacturing costs? (round your answer to the nearest whole percent.) markup on variable costs answer % markup on manufacturing costs answer % (b) if the company desires a 8% rate of return on total assets, what is the markup percentage on total manufacturing costs for (1) unassigned costs and (2) desired profit? note: the markup percentage on total manufacturing costs is 233%. compute the markup percentage for each component. note: round your answers to the nearest whole percent. markup to cover unassigned costs answer % markup to cover desired profit answer % check

Answers

a.) The typical total assets are $7,500,000.

Return on Total Assets is 10%, which equates to $7,500,000* 10%, or $750,000 in desired profit.

Total variable costs are calculated as follows: $ 250,000 + $ 250,000 = $ 500,000. Variable manufacturing costs plus variable selling and administrative costs.

Desired Profit / Total Variable Costs determines the markup %. * 100\s=\s($750,000/$500,000) *100\s= 150 %

(2) Total manufacturing costs are determined by dividing variable manufacturing costs by fixed manufacturing costs, which equals $250,000 plus $350,000, or $600,000.

Desired Profit / Total Manufacturing Costs is the markup percentage based on total manufacturing costs. * 100\s=\s($750,000/$600,000) *100\s= 125 %

b.)

(1) Total manufacturing costs are determined by dividing variable manufacturing costs by fixed manufacturing costs, which equals $250,000 plus $350,000, or $600,000.

Unassigned Cost = $550,000 in Fixed Selling and Administrative Costs

Fixed selling and administrative expenses divided by total manufacturing costs divided by 100 equals ($550,000/$600,000)*100, or 91.67%, as the markup percentage of unassigned costs.

(2) Expected Profit: $7,500,000 x 8% = $ 600,000.

The total cost of manufacturing is $600,000.

Desired Profit / Total Manufacturing Costs * 100 = (600,000/600,000)*100 = 100% Markup of Desired Profit on Total Manufacturing Costs.

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43.A potential entrepreneur needs to realize thata.there are no principles of innovation.b.principles of innovation can be learned.c.monetary gain is the principal motivator in all innovation.d.profitability is the ultimate key to success.

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A potential entrepreneur must understand that innovative concepts may be learned. So, option (B) would be the appropriate response.

A potential entrepreneur is someone who is not now an entrepreneur but who would like to be one in the future.

The ability to constantly learn is not only an essential entrepreneurial skill but also a very useful life skill that any potential entrepreneur must keep in mind.

A solid growth strategy built on inborn business acumen and abilities are necessary for each firm. So one should always try to acquire knowledge and learn constantly.

Potential business owners believe that starting a business is worthwhile, and doable for them personally and that the environment is encouraging.

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Which of the following is not a major cause of the Bullwhip Effect?

Product defects

Price fluctuations

Rationing and shortage gaming

Demand forecast updating

Order batching

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Product defects cannot be considered as a major cause of the Bullwhip Effect. Therefore, the option A holds true.

The defects found in the products are the consequences of a condition, wherein the products may not function normally, or might have irregularities in its normal functioning. This may take place due to manufacturing errors, and other such external factors. The defects found in the products, however, are not a result of the Bullwhip Effect, which normally takes place. All the other factors mentioned above are the causes of this effect taking place.

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on january 1, a company issued and sold a $400,000, 8%, 10-year bond payable, and received proceeds of $395,000. interest is payable each june 30 and december 31. the company uses the straight-line method to amortize the discount. the journal entry to record the first interest payment is: multiple choice debit bond interest expense $32,000; credit cash $32,000. debit bond interest expense $15,750; debit discount on bonds payable $250; credit cash $16,000. debit bond interest expense $16,000; debit discount on bonds payable $250; credit cash $16,250. debit bond interest expense $16,000; credit cash $16,000. debit bond interest expense $16,250; credit cash $16,000; credit discount on bonds payable $250.

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The journal entry to record the first interest payment is: multiple choice debit bond interest expense $32,000; credit cash $32,000. debit bond interest expense $15,750.

Interest expense refers to the cost of borrowing. This is the price the lender charges the borrower for using the lender's money. In the income statement, interest expense can represent the cost of borrowing from banks, bond investors, and other sources of funds.

Interest expense is the cost of funds borrowed by a company. Interest expense is a non-operating expense recognized in the income statement. It represents interest paid on borrowings such as bonds, loans, convertible bonds, or lines of credit.

Interest expense is the cost of funds borrowed by a company. Interest expense is a non-operating expense recognized in the income statement. It represents interest on borrowings such as bonds, loans, convertible bonds and lines of credit.

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which of the following statements is false? question 16 options: marginal cost equals average total cost when the average total cost is at its minimum marginal cost equals average variable cost when the average variable cost is at its minimum marginal cost equals average fixed cost when the average fixed cost is at its minimum

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The correct option is c) Marginal cost equals average fixed cost when the average fixed cost is at its minimum

Marginal cost intersects the average variable and average total cost at their minimum points.

What is marginal cost?

The difference in overall cost caused by an increase in output, or the price of producing more, is known as the marginal cost. It may refer to a rise in the output of a single unit in some settings, but it may also refer to the rate of change of the total cost as output increases somewhat. The marginal cost is the slope of the total cost, or the rate at which it rises with output, and is measured in dollars per unit while total cost is shown to be in dollars. Marginal cost is the distinction between average cost, which is the total cost divided by the number of units produced.

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An investor is looking to invest in companies that do not pay regular dividends now but instead reinvest their retained earnings back into the company. what is one likely goal of this investor?

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An investor is looking to invest in companies that do not pay regular dividends now but instead reinvest their retained earnings back into the company. Achieving capital gains on the stock purchases is the goal.

What is dividends?

By using their voting powers, shareholders must approve dividends. Despite the fact that stock dividends are less prevalent than cash dividends, they are still a possibility. Different exchange-traded funds (ETFs) and mutual funds also provide dividends.

A dividend is a payment made to shareholders as compensation for their equity investment in a firm, and it typically comes from the latter's net earnings. While some profits may be retained by the firm to be used for current and future operations, the remaining may be distributed to shareholders as a dividend.

Even when they don't generate enough earnings to continue their proven track record of payouts, companies may nevertheless pay dividends.

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sankey company has earnings per share of $4.40. the benchmark pe is 19.7 times. what stock price would you consider appropriate?

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The stock price would be $78.31 with an earning per share of $4.40.

What is price ?Price is the amount a consumer is willing to pay for a product. Marketers must relate price to the actual and perceived value of the product while also considering procurement costs, seasonal discounts, competitor prices, and retail markups.A price is the amount of payment or compensation (usually non-negative) that one party gives to another party in exchange for goods or services. In some cases, the production price is given another name.Pricing is the process of determining the value that manufacturers receive when exchanging services or goods. Pricing methods are used to appropriately adjust the cost of the product offered by the manufacturer to both the manufacturer and the customer.Production price is the process of translating the value of a  product  into quantitative terms. Pricing  is usually done before the initial launch, but companies can change their selling price at any time for a variety of reasons.

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suppose that driven by waves of national pride, consumers across the world (including the united states) decide to buy home-produced products where possible. explain how the demand for and supply of us dollars would be affected. what can you say about the impact of the equilibrium dollar exchange rate?

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When foreign demand for US goods decreases, then people buy less of USD products which can skew the equilibrium dollar exchange rate.

What is the equilibrium dollar exchange rate?

The long-term exchange rate that equates a currency's purchasing power parity (PPP) in a scenario where all items are traded and markets are fully functional is known as the equilibrium exchange rate. According to the "PPP theory of exchange rates," such convergence would indicate that similar price levels should be seen internationally. The exchange rate that balances supply and demand for a specific currency relative to another currency is known as the equilibrium exchange rate. The market is cleared at this price.

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robert mondavi is a well-known winery in napa valley, ca. it is a family-owned business and is not traded on any stock exchange. which type of commercial firm is this known as? group of answer choices public firm cooperative firm private firm open firm nontrade firm

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Robert Mondavi is a well-known winery in napa valley, ca. it is a family-owned business and is not traded on any stock exchange. THE type of commercial firm is this known as a nontrade firm.

Robert Gerard Mondavi is an American winemaker. His technical and marketing strategies have brought California's Napa Valley wines to worldwide recognition. Mondavi early on promoted the labeling of wines as varietals rather than generics, which has become the standard for New World wines. It is known not only for producing some of the finest Cabernet Sauvignon wines but also for the Sauvignon Blanc grapes used by Mr. Mondavi to create his signature Hume Blanc wine.

Overall, we found Robert Mondavi his Private Selection Cabernet Sauvignon to be a very enjoyable wine. Its strength lies in its aroma and taste. Most of the wines from Robert Mondavi Winery are good, so it was no surprise that I liked this one too.

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Fantastique Bikes is a company that manufactures bikes in a monopolistically competitive market. The following graph shows Fantastique’s demand curve, marginal revenue curve (MR), marginal cost curve (MC), and average total cost curve (ATC). Place the black point (plus symbol) on the graph to indicate the short-run profit-maximizing price and quantity for this monopolistically competitive company. Then, use the green rectangle (triangle symbols) to shade the area representing the company’s profit or loss.Given the profit-maximizing choice of output and price, the shop is earning ( ..........) profit, which means there are ( ..........) shops in the industry than in long-run equilibrium.
Now consider the long run in which bike manufacturers are free to enter and exit the market.
Show the possible effect of free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph.Which of the following statements are true about both monopolistic competition and monopoly? Check all that apply.
1. Firms are not price takers.
2. Price equals average total cost in the long run.
3. Firms can earn positive profit in the long run.
4. Firms earn zero profit in the long run.

Answers

Firms earn zero profit, in the long run, is true about both monopolistic competition and monopoly. Thus, option D is correct.

 

What are manufacturers?

A manufacturer is really a person or business that turns building resources into completed products and uses a range of instruments, machinery, and procedures, but then just sells those products to customers, wholesalers, distributors, stores, or other factories that can use them to make more complicated products.

The following figure shows the potential impact of free entrances by moving the market equilibrium for a great fit bike manufacturer. In the long term, both monopoly and dominance result in firms earning normal profits. Therefore, option D is the correct option.

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All of the following are characteristics of cooperative federalism EXCEPT
O National and state agencies typically undertake government functions jointly rather than exclusively
O Decision-making power is distributed across multiple entities and at multiple levels of government.
O Multiple levels of government providing similar services can sometimes be confusing to citizens. 5 8
O The functions and responsibilities of the national and state governments are clearly separate.
O The nation and states outinely share power.

Answers

d. The functions and responsibilities of the national and state governments are clearly separate..

All the given options are characterstics of cooperative federalism except the functions and responsibilities of the national and state governments are clearly seperate Because under cooperative federalism, there is horizontal relationship between union and States

Because national and state agencies typically undertake government functions jointly rather than exclusively, decision making power is distributed across multiple entities and at multiple levels of government are the features of cooperative federalism.

Cooperative federalism, also known as marble-cake federalism, is defined as a flexible relationship between the federal and state governments in which both work together on a variety of issues and programs.

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the balance sheet of the blanchet corporation is as follows

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It can be observed from the balance sheet that current assets increased along with current liabilities, but stockholder equity slightly decreased compared to 2018.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet.

It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

The assets on the balance sheet are equal to the total of the liabilities plus the shareholders' equity. Financial ratios are computed using balance sheets by fundamental analysts.

Stockholders' equity describes the assets that are still held by a company after all liabilities have been paid. This amount can also be determined by adding share capital and retained earnings, less treasury stock. It is obtained by deducting total liabilities from total assets.

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Correct question:

The balance sheet of the Blanchet Corporation is as follows:

After preparing a horizontal analysis of Blanchet Corporation's balance sheet for 2019, what are some observations you can make?

In Texas, which officer in the plural executive is not elected by voters?

a. The secretary of state
b. The attorney general
c. The comptroller
d. The lieutenant governor
e. The commissioner of agriculture

Answers

The secretary of state in the multiple executive branch of Texas is not chosen by the people. The correct response is option (a).

What is a plural executive?

Texas has a "plural executive," which means that the governor's authority is constrained and shared among a number of other government officials. In other words, the Texas Executive Branch is not the sole responsibility of a single elected politician in the state.

The Texas Constitution names the Secretary of State as one of the six state officials that make up the Executive Department of the State. The Governor appoints the Secretary, who is then confirmed by the Senate and works at the Governor's pleasure. Stephen F. was the Republic of Texas's first Secretary.

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a policy should state that if employees violate a company policy or any law using company technologies, the company will protect them, and the company is liable for the employee's actions. true false

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The correct statement is : A policy state that if employees violate a company policy or any law using company technologies, the company will not protect them, and the company is will not be liable for the employee's actions.

The given statement is False.

Liable refers to having (prison) duty for some thing or a person: The law holds mother and father responsible if a infant does now not attend faculty.

A celebration is liable while they are held legally liable for some thing. in contrast to in crook instances, where a defendant may be discovered responsible, a defendant in a civil case dangers best liability.

Susceptible to do some thing probably to do some thing we're all liable to make mistakes when we are tired. The bridge is liable to fall apart at any second. prone to something possibly to be suffering from some thing synonym susceptible you are greater vulnerable to harm in case you exercise once in a while.

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question content areawhich of the following is not classified as a current liability account? a.accounts payable b.note payable, due in 2 years c.salaries and wages payable d.income taxes payable

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Notes payable due in 2 years is not classified as a current liability account because it is for more than 2 years' time period.

What is current liability?

A company's short-term financial commitments that are due in a year or within a typical operational cycle are known as current liabilities. Commonly, current assets—assets that are depleted within a year—are utilised to settle current liabilities.

Current obligations are shown on the balance sheet and are paid from the profits made by a business's operations. Accounts payable, short-term debt, accumulated expenses, and dividends payable are a few examples of current obligations. An obligation that must be paid off immediately is referred to as a current liability.

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you have had several instances of product development plans for your company being leaked to other rival companies. which data loss prevention technique can you use to prevent these documents from leaving your organization's networks

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Use a content filter to block development documents from being sent outbound have had several instances of product development plans for your company being leaked to other rival companies.

In business and engineering, new product improvement covers the whole system of bringing a new product to marketplace, renewing an current product or introducing a product in a new marketplace. A valuable factor of NPD is product design, along side numerous business considerations.

Product improvement -- additionally known as new product control -- is a sequence of steps that consists of the conceptualization, layout, development and advertising of newly created or newly rebranded items or services. Product improvement includes a product's complete journey -- from the preliminary idea to after its marketplace release. five phases guide the new product development system for small groups: idea technology, screening, concept improvement, product development and, eventually, commercialization.

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minnie moore corporation has the following overhead costs and cost drivers. direct labor hours are estimated at 100,000 for the year. activity cost pool cost driver est. overhead cost driver activity ordering and receiving orders $ 120,000 500 orders machine setup setups 297,000 450 setups machining machine hours 1,500,000 125,000 mh assembly parts 1,200,000 1,000,000 parts inspection inspections 300,000 500 inspections if overhead is applied using traditional costing based on direct labor hours, the overhead application rate is group of answer choices $9.60. $12.00. $15.00. $34.17.

Answers

The overhead application rate is approximately $34.17. Direct labor-related costs are given an overhead rate in order to distribute or allocate the overhead costs in accordance with particular indications. The correct option is D.

Given,

overhead cost driver activity ordering and receiving orders $ 120,000 500 orders machine setup setups 297,000 450 setups machining machine hours 1,500,000 125,000 mh assembly parts 1,200,000 1,000,000 parts inspection inspections 300,000

Total direct labor hours are estimated at 100,000

Required to calculate direct labor hours, the overhead application rate =?

Overhead application rate = Total estimated overhead costs / Total estimated direct labor hours

Overhead application rate = $120,000 + $297,000 + $1,500,000 + $1,200,000 + $300,000 = $3,417,000

Overhead application rate = $3,417,000 / 100,000 hours = $34.17

Therefore, the application rate for overhead is roughly $34.17.

Thus, the ideal selection is option D.

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brayden receives some utility from consuming a bottle of store-brand soda, an inferior good. however, he would much rather purchase a name-brand soda, a normal good, if he could afford it. since a bottle of store-brand soda is an inferior good, how would an increase in its price affect the quantity brayden demands?

Answers

According to the given statement, Income effect affect the quantity of Brayden demands.

What does the term "income effect" mean?

In microeconomics, the income effect is the subsequent shift in demand for a product or service brought on by an increase or reduction in a consumer's actual income or purchasing power. The income impact predicts that people would start to demand more as their income rises (and vice-versa).

What effect does the law of income have?

According to the income effect, when a good's price drops, it is as though the buyer's income increased. According to the substitution effect, when a good's price drops, consumers will switch from buying comparably more costly goods to buying cheaper goods.

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you own a stock portfolio invested 34 percent in stock q, 18 percent in stock r, 36 percent in stock s, and 12 percent in stock t. the betas for these four stocks are 1.03, 1.09, 1.49, and 1.94, respectively. what is the portfolio beta? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

The correct answer is the portfolio beta is 1.3156

A gauge for a stock's riskiness or volatility in relation to the whole market is its beta value.

Portfolio beta represents the relative volatility of an individual securities portfolio, taken as a whole, as assessed by the individual stock betas of the stocks making it up. As a result, a decent beta will depend on your risk tolerance and goals.

For stock Q:  Beta = 1.03    Percentage of portfolio = 34%
beta times percentage of portfolio = 0.3502

For stock R:  Beta = 1.09     Percentage of portfolio = 18%
beta times percentage of portfolio = 0.1962

For stock S:  Beta = 1.49     Percentage of portfolio =36%
beta times percentage of portfolio = 0.5364

For stock T:  Beta = 1.94    Percentage of portfolio = 12%
beta times percentage of portfolio = 0.2328

Thus, portfolio beta =  0.3502 + 0.1962 + 0.5364 + 0.2328 = 1.3156

Hence, the portfolio beta is 1.3156

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at december 31, amy jo's appliances had account balances in accounts receivable of $330,000 and in allowance for uncollectible accounts of $1,120 (debit) before adjustment. an analysis of amy jo's december 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. bad debt expense for the year should be:

Answers

An analysis of amy jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. bad debt expense for the year should be $7,190.

Response Feedback: ($311,000 × 2%) + $970 = $7,190.

A debt fee is identified when a receivable is not collectible because a purchaser is not able to satisfy their responsibility to pay a superb debt because of financial ruin or different monetary problems. To document the awful debt costs, you have to debit awful debt fees and a credit allowance for dubious money owed. With the write-off method, there may be no contra-asset account to record bad debt costs. consequently, the complete stability in accounts receivable can be stated as a contemporary asset at the balance sheet. bad debt rate is a fee that a commercial enterprise incurs once the reimbursement of a credit score formerly extended to a consumer is predicted to be uncollectible. An allowance for dubious bills is a contra-asset account that reduces the entire receivables mentioned to reflect most effectively the amounts expected to be paid.

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Suppliers have more time to devote to postsale services because:
O A. supply chain management is no longer a critical element in the buying process.
O B. of the automation of routine transactions in the purchasing process.
O C. buyers and sellers have become independent of each other.
O D. the overall cycle time of the purchasing process has increased.
O E. of a decline in relationship-building activities between buyers and suppliers.

Reset Selection Question 48 of 50 2 Points Which of the following forms of marketing involves talking with buyers before, during, and after the sale?
O A. Personal selling
O B. Public relations
O C. Direct marketing
O D. Sales promotion
O E. Electronic marketing

Answers

The sales rep is in charge of soliciting orders from current or potential outlet stores while selling products and attending to customer demands.

What methods are there for purchasing?

The systematic acquisition of goods and services for strategic purposes is referred to as purchasing. Purchasing measures are critical to ensure that the relevant materials are acquired quickly and economically.

What is a good example of buying?

Buying is often more transactional and focused on the near term. It entails activities including placing orders, creating purchase requisition, receiving, and setting up payments. Instead of seeking the highest total value, buyers frequently focus on getting products at the lowest possible cost.

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suppose the market for this product is served by two firms that have formed a cartel. if the marginal cost of production is $0 and there is no fixed cost, the combined profit of the cartel will be a. $16 b. $30 c. $32 d. $24

Answers

If the marginal cost of production is $0 and there is no fixed cost, the combined profit of the cartel will be $32. Hence option (c) is the answer.

What is the marginal cost?

The cost difference between producing one more product or serving one more customer is known as the marginal cost. It is sometimes referred to as an incremental expense. The additional expenditures you incur to generate one more unit of output are, therefore, the marginal cost of production.

In addition, direct labor expenses and other variable costs that rise in proportion to production levels are included. Typically, when production rises, the marginal cost of production rises as well. The additional expense incurred by a business when producing more units of its products or services is known as its marginal cost. You may figure it out by dividing the change in costs by the variation in quantity.

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after researching best buy common stock, sally jackson is convinced the stock is overpriced. she contacts her account executive and arranges to sell short 200 shares of best buy. at the time of the sale, a share of common stock had a value of $68. three months later, best buy is selling for $59 a share, and sally instructs her broker to cover her short transaction. total commissions to buy and sell the stock were $74. what is her profit for this short transaction?

Answers

Her profit for this short transaction is $1726.

When a stock is overpriced , it has a current worth that's not even by its earnings outlook, generally assessed by its P/E ratio. an organization is taken into account overvalued if it trades at a rate that's inexcusably and considerably in far more than its peers.

A broker is a person who facilitates transactions between traders, sellers, or buyers. think about a broker as a middleman who that the group action will run swimmingly which every party has the required data. Brokers exist in several industries, as well as insurance, assets, finance, and trade.

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it is difficult for accountants to have a role beyond auditing the financial statements of governments and not-for-profits. true false

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False. It is not difficult for accountants to have a role beyond auditing the financial statements of governments and not-for-profits.

What is accounting?

Accounting is the process of documenting a business's financial transactions. These transactions are collected, examined, and reported to oversight organisations, regulatory bodies, and tax collection organisations as part of the accounting process. A company's operations, financial condition, and cash flows are summarised in the financial statements that are used in accounting. They provide a succinct summary of financial transactions across an accounting period.

Accounting is a crucial task for decision-making, budgeting, and measuring economic success in any size of firm.

Cost accounting and managerial accounting are two crucial categories of accounting for firms. Cost accounting assists business owners in determining how much a product should cost, whereas managerial accounting assists management teams in making business decisions.

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ceteris paribus, _______ can change without shifting the demand curve for jackets.

Answers

Ceteris paribus,  The price of jackets can change without shifting the demand curve for jackets.

Ceteris paribus, which means "holding other things constant," is a Latin expression that is frequently translated as "all else being equal" in English.

It serves as a shorthand indication of the effect of one economic variable on another, provided that all other variables remain the same (constant), and it is a prevalent assumption in mainstream economic thought. When we say that one variable has an effect on another, ceteris paribus, in a scientific sense, we are essentially controlling for the effects of other variables.

The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time. In a typical representation, the price will appear on the left vertical axis, the quantity demanded on the horizontal axis.

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What business practice is most helped by free trade practices?
• A. Standardization
O B. Preserving economic resources
• c. Increasing import revenues
• D. Competition

Answers

Competition is the business practice is most helped by free trade practices. Thus, option B is correct.

What is the Competition?

A Competition is defined as any case in which two or more persons or organizations are attempting to attain, get, etc. the same item or to outperform one another

A Competition occurs when two or more parties compete for a common objective that cannot be shared: one's success is the other's loss. Entities such as persons, creatures, economic and social organizations, and so on can compete.

Therefore, option D is correct, that Free trade practices are most beneficial to competition in business.

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which of the following production strategies is most appropriate for a low-cost business? emphasize quality in operations even when the cost of doing so is high. emphasize specialized quality in operations even when costs are high. emphasize quality in operations when the cost of doing so is relatively low. emphasize operation efficiencies through learning, economies of scale, and capital-labor substitution possibilities.

Answers

The production strategies is  most appropriate for a low-cost business is emphasize quality in operations when the cost of doing so is relatively low.

The  production strategies defines the high level plan for developing and marketing a product, how the product supports the business strategy and goals, and is brought to life through product roadmaps.

These strategies not only help companies achieve their business objectives such as entering new markets, selling more to existing customers or winning business from competitors.

The  most appropriate for a low-cost business is emphasize quality in operations when the cost of doing so is relatively low which leads to generate profit for low-cost business.

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review the currency pair charts for the barbadian dollar against the jamaican dollar, the Czech koruna against the Polish zloty, the Nigerian naira against the Ghanaian cedi, and the Hong kong dollar against the Macanese pataca. Which pair is pegged?
a) The Barbadian dollar against the Jamaican dollar

b) The Czech koruna against the Polish zloty

c) The Nigerian naira against the Ghanaian cedi

d) The Hong kong dollar against the Macanese pataca

Answers

The Macanese pataca and the Hong Kong dollar are pegged. The right response, in this case, is option D.

On the chart, pegged currencies remain stationary. The last figure shows that the coins vary within a relatively small range. On each side of the middle line, there is minimal variation and they remain constant.

Contrary to other currencies, the pataca is not governed by a central bank. Instead, it is run by two commercial banks, the Bank of China and Banco Nacional Ultramarino. The exchange rate is maintained at 1.03 Macanese patacas for every Hong Kong dollar (HKD).

The de facto central bank, the Hong Kong Monetary Authority, is mandated to maintain currency trading between HK$7.75 and HK$7.85 per US dollar. Since its establishment in 2005, the present band has never been altered.

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