If a vendor that has been contracted for a project experiences an equipment problem, this is categorized as a resource risk. Correct answer: letter B.
This is because resource risks are often outside the organization's control and have a significant impact on the project, even if they are not directly related to the project itself.
What are resource risks in a project?There are a variety of resource risks that can impact a project, including:
availability of resourcesquality of resourcescost of resourcesIf a project is dependent on a specific resource, such as a particular type of equipment, and that resource is not available when needed, the project can be delayed.
If the resource is available but is not of the expected quality, the project may not meet its objectives. And if the resource is available but is more expensive than anticipated, the project may go over budget.
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For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II, and III. For Case IV, both resources supply separate but dependent markets; that is, the number of units of output from both X and Y must be equal. Plans are being made to produce a product that requires 38 minutes on Resource X and 28 minutes on Resource Y. Assume that there is only one of each of these resources and that market demand is 1,500 units per month. Case I Case II X Y Market Y X Market Case III Case IV Market Market Market Market Assembly a. How many hours of production time would you schedule for X and Y, assuming unlimited storage? Resources X (hours) Y (hours) Casel Case II Case III Case IV b. What would happen if Y is also scheduled for the same production hours of X? Case 1 Case II Case III Case IV
If there is only one of each of these resources and that market demand is 1,500 units per month then:
(A)
Case 1:
Hours to be scheduled = Number of units required x Required time on resource
Hence, for X, Hours to be scheduled = 1200 x 32 = 38,400 minutes = 38400 / 60 = 640 hours
For Y, Hours to be scheduled = 1200 x 22 = 26,400 minutes = 440 hours
CASE 2:
A similar time as CASE 1 will be required:
Hence,
For Y, Hours to be scheduled = 1200 x 22 = 26,400 minutes = 440 hours
For X, Hours to be scheduled = 1200 x 32 = 38,400 minutes = 38400 / 60 = 640 hours
CASE 3:
X and Y will be produced in parallel and will be assembled, Hence,
Time scheduled for X = 1200 x 32 / 60 = 640 hours
Time Scheduled for Y = 1200 x 22 / 60 = 440 Hours
Case 4:
Both products are sent to the market separately. However, The time scheduled for both of them will be the same in this case also:
Time scheduled for X = 1200 x 32 / 60 = 640 hours
Time Scheduled for Y = 1200 x 22 / 60 = 440 Hours
(B)
When Y is resourced with the same number of hours as X,
Units of X produced = 640 x 60 / 32 = 1200 units
Units of Y produced = 640 x 60 / 22 = 1745.45 units = 1745 units
CASE 1: There will be no change except additional units of Y will be added to the inventory.
CASE 2: Work in process Inventory between X and Y will increase as Y takes Less time. X will be the bottleneck.
CASE 3: As the process is being performed in Parallel, the number of tools or machines required will increase which is a major constraint. Also, work in process inventory between Y and Assembly will be encountered.
CASE 4: It will increase productivity and an increase in the number of finished goods will be encountered. However, the number of tools required will be more because X and Y are being produced in Parallel.
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the term and was coined by companies to refer to the process that helps firms keep demand and supply in balance. (enter only one word per blank.)
Companies created the term "sales and operations planning" to describe the procedure that aids businesses in maintaining a balance between supply and demand.
How would you define sales?A sale occurs when a buyer and a seller engage in a business transaction where the seller exchanges money for the sale of physical or intangible products , assets, or services .In a sale, there are at least two other parties. In broader terms, a sale or a contract between two or more parties, like the buyer and seller, can be considered.
What exactly do sales in company mean?Any transaction where money or value is transferred for the right to own an item or access to a service is referred to as a sale in regular commercial operations. Sales in an accounting context refers to a company's revenue from product sales.
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before you begin preparing your report, you need to determine the primary audience, as well as the secondary audience, if applicable, for your report. of the following, which is the most appropriate assessment of your audience(s)?
Before you begin preparing your report, you need to determine the primary audience, as well as the secondary audience, if applicable, for your report. the most appropriate assessment of your audience would see The main target of your report as Sam Chee since he requested it. There is no secondary audience since he will be the lone receiver.
What is the audience?Generally, An audience is a group of people who take part in a show or who come into contact with a piece of art, literature, theater, music, video games, or academics in any medium.
Audiences can also be thought of as groups of individuals. Depending on the kind of art being experienced, audience members may take part in a variety of ways.
The primary audience for your report, as well as the secondary audience for your report (if applicable), needs to be identified before you even begin the process of preparing it.
Considering that Sam Chee is the one who requested your report, the most accurate evaluation of your audience would identify him as the primary recipient of your work. Because he is the only one who will get the information, there is no secondary audience.
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CQ
Before you begin preparing your report, you need to determine the primary audience, as well as the secondary audience, if applicable, for you report.
Of the following, which is the most appropriate assessment of your audience(s)?
The oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply.
It is to be noted that the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, the options that describe the oligopolistic market structure are:
Difficult Entry (Option B)Market Controlled by a Few Large Firms (Option C)What is an Oligopolistic Market?When there is imperfect competition, market structures such as monopolies and oligopolies occur. A monopoly occurs when a single business manufactures items that have no close replacement, whereas an oligopoly occurs when a small number of reasonably big enterprises manufacture comparable but slightly different commodities.
An oligopoly is a market arrangement in which a small number of enterprises may prevent the rest from wielding substantial influence. The concentration ratio calculates the largest enterprises' market share.
Oligopoly types are:
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Full Question:
The oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply.
Market controlled by small firmsDifficult EntryMarket Controlled by a Few Large Firms Mutual InterdependenceMutual Dependencewhile performing a review of a critical third-party application, an is auditor would be most concerned with discovering:
An IS auditor would be MOST worried with finding: a subpar software escrow agreement when conducting an assessment of a crucial third-party program.
Who is an auditor?An official change control procedure that oversees and may be able to identify changes to production source and object code should be suggested by an IS auditor.
If the installed software: is not included in the approved software standards document, the IS auditor should be MOST concerned when examining the desktop software compliance of a business. CSA, or control self-assessment, is accurate. CSA is the formal, recorded, collaborative examination of corporate objectives and internal controls. A current communication strategy is one of a disaster recovery plan's most important components.Thus, an IS auditor would be MOST worried with finding: a subpar software escrow agreement when conducting an assessment of a crucial third-party program.
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What conclusion can be drawn about lobbying spending?.
Lobbying Spending is an activity that is commonly used to get an upper hand in the industry for your organization.
Lobbying Spending is an act that is usually practiced in business. Its sole purpose is to get the organization an upper hand above others and get an advantage over them. This is done by persuading people who are in a high-power position to support the organization and strengthen its reach.
In different industry, there is competition between the different organization and most of them use their connections to counter each other's power. This is practiced by persuing people who are in a high power position in the government that supports them.
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A company is actively working at reducing employee turnover. According to research, employees are more likely to continue working hard for a company that: O conducts regular management retreats to exotic sites. O provides wellness benefits such as free healthy snacks and gym memberships. O is located close to good transportation hubs. O provides continual training of the necessary skills employees need to perform their jobs.
(D) provides continual training of the necessary skills employees need to perform their jobs can make an employee more likely to continue working hard for a company. It is because the hard skills and also soft skills of each employee will be increase. So that they will get a lot of knowledge that supports career.
Turnover generally can be defined as the act of replacing an employee with a new employee In human resources. Partings between employees and organizations may consist of resignations, termination, retirement, death, and also interagency transfers. There are several types of employees turnover, such as Voluntary Turnover, Involuntary Turnover, Involuntary turnover, Retirement, and also Internal Transfers.
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suggest an alternative model for the regression equation developed in part (a) to explain as much of the variability in delay as possible
Alternative methods consist of: Fitting a different linear model that includes an additional X variable (s) When a linear model is inappropriate, a nonlinear model should be fitted.
What is regression equation?The usage of linear regression, an extension of linear correlation, is required to predict one variable from another.
In applied statistics, regression analysis is known as the "workhorse." Regression analysis is supported by the majority of software packages, and the math isn't too difficult.
The scatterplot used in correlation is expanded in linear regression by adding a line that best "fits" the data. Linear regression models the linear aspect of the relationship between variables because it is an extension of linear correlation.
The correlation will be close to zero if there is no linear component to the relationship, and the linear regression will have little to no predictive power.
hence, Alternative methods consist of: Fitting a different linear model that includes an additional X variable (s) When a linear model is inappropriate, a nonlinear model should be fitted.
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operationalization: group of answer choices primarily figures into the discussion of measurement. you must be precise with your measurements so that you can help reduce generalizability of findings. primarily figures into the discussion of sampling. you must be precise with your measurements so that you can help reduce generalizability of findings. primarily figures into the discussion of measurement. you must be precise with your measurements so that you can reduce systematic error. primarily figures into the discussion of sampling. you must attempt to have a random sample in order to be properly operationalized
Operationalization is the process of translating abstract ideas into observable data. Some ideas, like height or age, are easy to measure, but others, like spirituality or anxiety, are hard to measure.
You can systematically collect data on processes and phenomena that are not directly observable through operationalization.
What does it mean to operationalize?
The first step in operationalization is actually taking the measurements, followed by describing how they will be taken. Therefore, in operationalization, we specify specific empirical procedures that will lead to variable measurements.
What distinguishes operationalization from conceptualization?
Conceptualization includes characterizing theoretical thoughts with explicit qualities. Specifying how a variable or concept will be measured in a specific study is operationalization. When designing a research study, both are required.
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Currently, GreenCut Lawn mowers produces all of its riding lawn mower transmissions in-house. Annual costs for producing these 45,000 transmissions are detailed below:
Instead of making its own transmissions, GreenCut is considering buying them from a supplier at a cost of $30 each. Based on incremental analysis, GreenCut should
purchase the transmissions only if it can also find a way to reduce its fixed overhead by at least $75,000.
GreenCut is thinking about purchasing $30 apiece transmissions from a supplier rather than manufacturing its own.
What is incremental cost principle ?According to the incremental principle, a decision is profitable if revenue increases more than costs, costs decrease more than revenues, some revenues increase more than others decrease, and some costs decrease more than some increase.
What distinguishes incremental cost and differential cost from one another?Although the terms incremental cost and differential cost are interchangeable, incremental cost is used to describe cost changes brought on by modifications to ongoing business operations.
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aqurose, a safety equipment manufacturing company, has decided to introduce a 401(k) plan as the defined contribution pension plan of the company. in this case, which of the following is a provision of 401(k) plans that, if introduced, is likely to be the most beneficial to aqurose's employees?
Employees having the option to obtain loans from their 401(k) accounts will be beneficial to aqurose's employees.
What are loans?Loans in finance are the lending of money by one or more individuals, organizations to other individuals, organizations, etc.
The recipient or the borrower incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
One of the main activities of financial institutions such as banks and credit card companies is acting as a provider of loans.
There are other institutions which issue debt contracts such as bonds as a typical source of funding.
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in (fill in the blank) feedback, the receiver communicates that she has clearly received the message and its intentions
In reinforcing feedback, the receiver communicates that she has clearly received the message and its intentions.
What is reinforcing and balancing feedback?By providing reinforcement, we indicate that we want someone to continue displaying a certain favorable behavior. By providing this kind of feedback, we are praising and encouraging such behaviors. Giving this input is something that must not be overlooked. Giving someone bad criticism encourages them to cease doing something.A reinforcing loop is one in which an action produces a consequence that influences the same activity, which influences the progress of this action in either a positive or negative direction. However, progress cannot go on forever. The growth eventually comes to an end when the second sort of feedback enters the picture. The process is known as balancing (opposing changes) feedback.For instance, as a company makes more layoffs, employee confidence falls, which lowers employee productivity and lowers company ROl, ultimately leading to more company layoffs. This diagram is a reinforcing loop because it has two "o" links and two "s" links.Learn more about reinforcing feedback refer to :
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Which of the following is not a characteristic of oligopoly?A. firms have no control over their priceB. firms may sell a differentiated productC. firms have market powerD. firms may sell a standardized productE. the market contains a few large products
The following statement "firms have no control over their price" is not a characteristic of oligopoly,
A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies frequently arise from the goal to maximize profits, which can result in corporate collaboration. As a result, there is less competition, higher consumer prices, and lower employee compensation.
Numerous industries, including civil aviation, power providers, telecommunications companies, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacture, and automobile manufacturing, have been identified as oligopolistic.
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n the u.s., public land use policy is based on the resource conservation ethic, which states resource decisions are based on the:
The federal government, state governments, and private groups can all set aside land for preservation.
A federal monarchy, in the strict experience, is a federation of states with a single monarch as ordinary head of the federation, however retaining one of a kind monarchs, or having a non-monarchical gadget of government, in the numerous states joined to the federation. The time period was brought into English political and historical discourse by means of Edward Augustus Freeman, in his records of Federal authorities (1863). Freeman himself idea a federal monarchy simplest feasible inside the summary.
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you have $5000 toward the purchase of a small boat that will cost $6000. how long will it take the $5000 to grow to $6000 if it is invested at 5% compounded monthly? solve algebraically. round to the nearest hundredth.
If $5000 is invested at 5% compounded monthly, it will take 3.7368 years for it to grow to $6,000.
What does the term monthly compound mean?Compound monthly refers to a loan's interest rate, which is charged in installments each month and added to the principle. For instance, if a $1,000 loan has a 12% annual interest rate compounded monthly, it will accrue 1% interest in the first month and become $1,010.
How is monthly compound interest determined?Using the formula for monthly compound interest, the compound interest per month is calculated. Compound interest is calculated as follows: CI = P(1 + (r/12)). 12t - P, where t is the time, P is the principle sum, and r is the interest rate expressed as a decimal.
A = P[tex](1 + \frac{R}{100} )^{n}[/tex]
6000= 5000 [tex](1 + \frac{5}{100} )^{n}[/tex]
[tex]\frac{6}{5}[/tex] = [tex](1 + \frac{5}{100} )^{n}[/tex]
[tex](\frac{21}{20} )^{n}[/tex] = [tex]\frac{6}{5}[/tex]
[tex](1.05)^{n}[/tex]= [tex]\frac{6}{5}[/tex]
n log(1.05)= log 6 - log 5
n= [tex]\frac{log 6 - log 5}{log (1.05)}[/tex]
n= [tex]\frac{0.079181}{0.021189}[/tex]
n= 3.7368 years
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which of the following is responsible for directing and coordinating the overall budgeting process? a. president b. budget director c. treasurer d. budget committee
The budget committee, option d, is responsible for directing and coordinating the overall budgeting process.
A budget committee is formed in every organization or business to manage monetary decisions. It is a group of people managing the financial decisions and policies of a company. The budget committee in an organization has a senior management group along with the chief budgeting officer. They review and take decisions regarding the projects of the organization.
The budget committee recommends changes in the budget and increases or decreases the budget manual for the organization. It is the most important factor in the functioning of a company as it manages the cash flow of the company. Good policies of the budget committee retain the functioning of the company successfully. Bad policies of the budget committee could further shut down the companies.
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the headright system, land lotteries, and the yazoo land fraud were all ways of distributing land in georgia. identify the impact that each method of land distribution had on georgia by placing the description in the correct section of the chart.
The headright gadget presents between 200 and 1,000 acres of land to the heads of households. by giving guys land, they were capable of reap strength. Farmers soon came searching for fertile farmland. Ranchers additionally flocked to Georgia searching for grazing regions for their livestock.
Farm animals are outstanding from other animals using the fact that they're domesticated and raised for meals or money — in case you get wool, milk, meat, or eggs from animals, they may be farm animals.
Livestock, cattle, with the exception of chicken. In Western countries the category encompasses commonly farm animals, sheep, pigs, goats, horses, donkeys, and mules; different animals, which include buffalo, oxen, llamas, or camels, may additionally predominate in the agriculture of other regions.
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when an input seller has market power in the input market, its customers: have the ability to charge a higher price for their products. gain market power in their product markets. may end up paying a higher price for inputs. may earn higher profits.
Customers may end up paying more for inputs when an input seller has market power in the input market.
Market power is the ability of a firm to influence supply, demand, or both in order to change the price of a product in the marketplace. Such a group possesses the authority that, if used, can raise prices and stifle competition. These people or organizations possess this authority over others as a result of their standing in the community.
A vendor is able to charge a greater price from clients by adding a larger markup when they have market dominance in the market where they offer their goods or services as opposed to when there is competition.
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Is it better to get fixed or variable mortgage?.
Yes, it is better to get fixed or variable mortgage.
A variable-rate mortgage fluctuates depending on the prime rate of your financial institution. The prime rates vary mainly according to the key interest rate issued by the Bank of Canada. Variable-rate mortgages are adjusted each month to reflect these fluctuations. Not necessarily. A variable rate mortgage is a type of home loan in which the interest rate is not fixed.
A variable rate mortgage is a type of home loan in which the interest rate is not fixed. Instead, interest payments will be adjusted at a level above a specific benchmark or reference rate, such as the Prime Rate. Lenders can offer borrowers variable rate interest over the life of a mortgage loan. They can also offer a hybrid adjustable-rate mortgage (ARM), which includes both an initial fixed period followed by a variable rate that resets periodically thereafter.
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which of the answer choices correctly ranks, from lowest risk to highest risk, the following methods of foreign market entry?
Ranks, from lowest risk to highest risk, the following methods of foreign market entry.
Indirect export , Franchising , Product joint venture , foreign direct investment
The methods by which a business can expand its services into a non-domestic market are known as foreign market entry modes in international trade. Market entry modes primarily fall into two categories: equity and non-equity. Contractual agreements and export fall under the category of non-equity modes.
Markets outside of a company's home country are referred to as foreign markets. Dealing with various linguistic and cultural barriers as well as legal and administrative requirements is part of selling in foreign markets. Businesses that want to enter a new market must thoroughly investigate the potential opportunities and develop a market entry strategy.
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which of the following includes activities such as manufacturing, research, sales, advertising, and shipping, as well as involving all entities that facilitate product distribution?
Supply-chain management includes activities such as sales, advertising, and shipping, manufacturing, research, as well as involves all entities that facilitate product distribution.
Supply chain management is the management strategy to control the flow of goods and services. Supply chain management includes all processes that transform raw materials into the final working of usable products. Supply chain management involves the active streamlining of supply-side activities of a business so that customer value can be maximized and a competitive advantage in the marketplace can be gained.
Through proper supply chain management businesses can cut excess costs of and deliver products to consumers faster and more efficiently.
"
Complete question is
which of the following includes activities such as manufacturing, research, sales, advertising, and shipping, as well as involving all entities that facilitate product distribution?
supply-chain management
Distribution management
inventory management
None of them
"
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as a result of the profits made by colonization, wealthy merchants and officials could afford to purchase paintings like the one you see above. identify and explain one piece of evidence from the painting that proves this is an upper-class family
Casta Paintings had been a chain of artwork created within side the past due 1700s.
The required details for Casta Paintings in given paragraph
They had been painted for the overall public of Spain to reveal them the racial range and combining of the human beings within side the “New World”. Castais a time period which means "lineage" in Spanish and Portuguese and has traditionally been used as a racial and social identifier. In the context of the Spanish Empire within side the Americas it additionally refers to a now-discredited 20th-century theoretical framework which postulated that colonial society operated beneath a hierarchical race-based "caste system". From the outset, colonial Spanish America led to significant intermarriage: unions of Spaniards, Amerindians and Black human beings. Basic combined-race classes that seemed in reliable colonial documentation had been mestizo, normally offspring of a Spaniard and an indigenous person; and mulato, offspring of a Spaniard and a black African.
A plethora of phrases had been used for human beings with combined indigenous, African, and Spanish ancestry in 18th-century casta artwork, however they're now no longer recognized to had been broadly used formally or unofficially within side the Spanish Empire.
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the idea that an employee should focus exclusively on the job without interference from family responsibilities is called
The idea that an employee should devote themselves exclusively to their job without interference from family responsibilities is called the ideal worker norm.
The ideal employee norm emphasizes firm boundaries between work and family, guided by the idea that devoted full-time staff either don't have outside responsibilities or have somebody to require care of any such responsibilities for them.
Employees who take responsibility for their actions, are dependable, arrive on time, do what they are saying, and do not let the others in their team down are extremely valued staff.
An adult full-time employee within the non-public sector whose wage earnings are adequate to the common wage earnings of such staff. This definition includes manual and non-manual staff, higher-up staff, and social control staff.
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The statement from Jackson County Bank on December 31 showed a balance of $28,044. A comparison of the bank statement with the Cash account revealed the following facts
. 1. The bank collected a note receivable of $2,300 for Fullerton Company on December 15.
2. The December 31 receipts were deposited in a night deposit vault on December 31. These deposits were recorded by the bank in January.
3. Checks outstanding on December 31 totaled $1,100.
4. On December 31, the bank statement showed an NSF charge of $640 for a check received by the company from L. Bryan, a customer, on account. Prepare a bank reconciliation as of December 31 based on the available information.
(Hint: The cash balance per books is $27,884. This can be proven by finding the balance in the Cash account from parts (a) and (b).) (List items that increase cash balance first. Reconcile cash balance per bank first.)
please help (highly appreciated).
An entity's bank account and its financial records are compared in a bank reconciliation statement, which is a summary of banking and business activity. In the statement, the deposits, withdrawals, and other transactions affecting a particular time period are listed.
A bank reconciliation statement is what?Almost every organization produces a bank reconciliation statement at a specific period. A statement that compares the cash balance to the bank balance is necessary. We need to make adjustments for checks that are overdue, deposited but uncollected, deposited directly into the bank, NSF checks, etc.
1 Cash a/c Dr. 2120
To Notes receivable 2120
(being notes receivable collected)
2 Account receivable a/c Dr. 641
To Cash 641
(being NSF recorded)
3 Depreciation expenses Dr. 148
To Accumulated Dep 148
(being Depreciation recorded)
4 Insurance expense a/c Dr. 425
To Prepaid insurance 425
(being Insurance expense recorded)
5 Income tax expenses a/c Dr. 241
To Income tax payable 241
(being income tax payable)
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What does customer retention rate mean?.
The percentage of current customers that continue to be clients after one given time is known as the customer retention rate.
What does retention mean in business?If a business or product does have a high customer retention rate, it means that customers keep utilizing and repurchasing that product or service. Low customer retention refers to the rate at which consumers discontinue utilizing or purchasing a company's goods or services.
What is retention with example?maintaining this or someone's existence, usage, or possession: The preservation of the unpopular tax has been defended by two powerful senators. The firm's expansion has been hampered by the retention of obsolete technologies. heat and water retention.
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On January 1, 2022, the ledger of Oriole Company contained these liability accounts. Accounts Payable Sales Taxes Payable Unearned Service Revenue $44,100 8,200 20,600 During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, 518,000 note. 5 Sold merchandise for cash totaling $5,936, which includes 6% sales taxes. 12 Performed services for customers who had made advance payments of $11,700. (Credit Service Revenue.) 14 Paid state treasurer's department for sales taxes collected in December 2021, $8,200. 20 Sold 660 units of a new product on credit at 550 per unit, plus 6% sales tax. During January, the company's employees eamed wages of $98,000. Withholdings related to these wages were $7,497 for Social Security (FICA), $5,229 for federal income tax, and $1,569 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages earned during January will be paid during February. No entry had been recorded for wages or payroll tax expense as of January 31. Joumalize the January transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to nearest whole dollar amount, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Journalize the adjusting entries at January 31 for the outstanding note payable and for salaries and wages expense and payroll tax expense. (Credit accou Debit Credit Date Account Titles and Explanation Jan. 31 (To record the interest on outstanding notes payable.) Jan. 31 (To record payroll and withholding taxes.) Jan. 31 (To record employer's payroll taxes.) SHOW LIST OF ACCOUNTS Prepare the current liabilities section of the balance sheet at January 31, 2022. Assume no change in Accounts Payable. ORIOLE COMPANY Balance Sheet (Partial)
The preparation of the journal entries is as follows:
Journal Entries for January Transactions:Date Account Titles and Explanation Debit Credit
Jan. 1, 2022: Cash $518,000
Notes Payable $518,000
(To record borrowing on notes payable for 4 months at 5%.)Jan. 5, 2022: Cash $5,936
Sales Taxes Payable $336
Sales Revenue $5,600
(To record the sale of merchandise for cash.)Jan.. 12, 2022: Unearned Service Revenue $11,700
Service Revenue $11,7004
(To record the performance of services for customers.)Jan. 14, 2022: Sales Taxes Payable $8,200
Cash $8,200
(To record the payment of sales taxes collected in December.)Jan. 20, 2022: Accounts Receivable $384,780
Sales Taxes Payable $21,780
Sales Revenue $363,000
(To record the sale of 660 units at $550 per unit, plus 6% sales tax.)Adjusting Journal Entries:Date Account Titles and Explanation Debit Credit
Jan. 31, 2022: Interest Expense $2,158
Interest Payable $2,158
(To record the interest on outstanding notes payable.)Jan. 31, 2022: Wages Expense $98,000
Wages Payable $98,000
(To record the wages expenses accrued.)Jan. 31, 2022: Wages Expense $14,295
Payroll Taxes Payable $14,295
(To record payroll and withholding taxes.)Jan. 31, 2022: Payroll Taxes Expense $7,497
Payroll Taxes Payable $7,497
(To record employer's payroll taxes.)2. The preparation of the current liabilities section of the balance sheet at January 31, 2022, is as follows:
Liability Accounts:Accounts Payable $44,100
Sales Taxes Payable 22,116
Unearned Service Revenue 8,900
Notes Payable 518,000
Wages Payable 98,000
Payroll Taxes Payable 21,792
Interest Payable 2,158
Total current liabilities $715,066
Transactions Analysis:Liability Accounts:
Accounts Payable $44,100
Sales Taxes Payable 8,200
Unearned Service Revenue 20,600
Jan. 1, 2022: Cash $518,000 Notes Payable $518,000 4-month, 5%
Jan. 5, 2022: Cash $5,936 Sales Taxes Payable $336 Sales Revenue $5,600
Jan.. 12, 2022: Unearned Service Revenue $11,700 Service Revenue $11,700
Jan. 14, 2022: Sales Taxes Payable $8,200 Cash $8,200
Jan. 20, 2022: Accounts Receivable $384,780 Sales Taxes Payable $21,780 Sales Revenue $363,000
Jan. 31, 2022: Wages Expense $98,000 Wages Payable $98,000
Jan. 31, 2022: Wages Expense $14,295 Payroll Taxes Payable $14,295
Jan. 31, 2022: Payroll Taxes Expense $7,497 Payroll Taxes Payable $7,497
Jan. 31, 2022: Interest Expense $2,158 Interest Payable $2,158
Liability Accounts:Accounts Payable $44,100
Sales Taxes Payable 22,116 (8,200 + 336 -8,200 + 21,780)
Unearned Service Revenue 8,900 (20,600 - 11,700)
Notes Payable $518,000
Wages Payable $98,000
Payroll Taxes Payable $21,792 ($14,295 + 7,497)
Interest Payable $2,158
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as a ba, should you accept being asked to finalize a project business case where you will need to commit to the "most likely case" estimate?
As most likely case is estimated Barium (Ba) has a melting point of 727 °C .The presence of strong metallic bonding in the massive structure of a barium metal results in a greater melting point.
To destroy these metallic bonds, a lot of energy is needed.However, because potassium contains larger atoms than barium, its melting point is lower than that of barium, leading us to the conclusion that potassium has a lower melting point than an atom of barium.Some English industrialists in the 19th century thought that if they could just get every woman in China to shorten her skirt by one inch, the looms of Manchester would spin endlessly. The idea of universal service assumes a fantasy economic and social structure in which people behave in a way that you feel acceptable and have incentives that you find acceptable, much like that romantic calculation. In contrast, universal service entails coercion to ensure conformity.Universal service was never a good idea, and it continues to deteriorate with time.
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Although the number of event marketing and experiential events has decreased in recent years, the most growth comes from the world's smallest and newest brands.
False
Although the number of event marketing and experiential events has decreased in recent years, the most growth comes from the world's smallest and newest brands False.
Advertising Campaign. A collection of associated classified ads that specialize in a not unusualplace theme, slogan, and set of marketing and marketing appeals. A precise verbal exchange mission that a marketing campaign have to accomplish for a designated audience at some point of a designated period.
Sales promotion's finest energy is in growing sturdy preference and buy intent. Consumers making habitual shopping for choices are greater considerably worried withinside the decision-making technique than customers making complicated shopping for choices.
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FILL IN THE BLANK. Punjab is a 20-year-old student who emigrated here from India but now is aU.S. citizen. When he tries to get a credit card, the worker on the phone tellshim that they will not give him a credit card because he was born in Indiaand he is too young. In this situation, _________________
He is very young and was born in India. The credit card issuer did nothing illegal in this case.
Describe credit using an example.In essence, when a bank lends money to a customer, it credits the borrower with funds that must be repaid at a later time. Credit can also refer to a decrease in one's debt in other circumstances. Consider a scenario where someone owes his card company $1,000 in total but only pays one $300 transaction to the merchant.
Describe credit and debit.While a debit record shows a transfer of money to the account, a credit entry shows a promi from account. Cash goes between accounts that have been debited and debited throughout each transaction.
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true or false: the profit margin is the financial gain from a sale after the costs of providing the sold product have been deducted.
The profit margin is the financial gain from a sale after the costs of providing the sold product have been deducted. Thus, the statement is true.
What is the profit margin?Profit margin is the portion of sales that a company keeps after all costs are subtracted. It essentially displays the percentage of each dollar of sales that is kept as profit. A 15% profit margin, for instance, means that a company keeps $0.15 from every dollar of sales produced.
Comparing the firm's operations to those of a best-in-class company, maybe in a different industry, is another way to increase your profit margin. This comparison could point out several operational tweaks that could be done to raise profit margins.
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