If an allocation of resources is efficient, then c. all potential gains from trade among buyers are sellers are being realized.
Allocation of resources is being done with the consideration of the sellers as well as the buyers.
When a government or organization uses an efficient methodology for the allocation of resources, they can know all the potential gains as well as losses that are to occur from the buyer as well as the seller.
Allocation of resources allows filtering the revenue that will be done by the trade that occurs among the buyers and sellers.
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presented below is information related to buffalo company. beginning inventory purchases markups markup cancellations markdowns markdown cancellations sales revenue cost $295,812 1,398,000 retail $275,000 2,137,000 94,000 15,100 37.900 4,800 2,238,000 compute the inventory by the conventional retail inventory method.
The inventory by the conventional retail inventory method is: $212,093.95.
How to find the ending inventory at cost?Ending inventory at retail
Cost Retail
Beginning inventory $295,812 $1,398,000
Purchases $275,000 $2,137,000
Totals $570,812 $3,535,000
Add: Net markups
Markups $94,000
Markup cancellations $15,100 $78,900
Totals $570,812 $3,613,900
Deduct: Net markdowns
Markdowns $37,900
Markdowns cancellations $4,800 $33,100
Sales price of goods available $3,580,800
Deduct: Sales (net) $2,238,000
Ending inventory at retail $1,342,800
Cost-to-retail ratio:
Cost-to-retail ratio = Inventory at cost /Inventory at retail
Cost-to-retail ratio = $570,812 /$3,613,900
Cost-to-retail ratio = 15.79%
Ending inventory at cost = 16.15% × $1,342,800
Ending inventory at cost = $212,093.95
Therefore the ending inventory at cost is $212,093.95.
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adelyn has a tentative general business credit of $42,000 for the current year. adelyn's net regular tax liability before the general business credit is $107,000, and her tentative minimum tax is $88,000. complete the statements below regarding adelyn's limitation on the general business credit. adelyn's general business credit is limited to her net income tax reduced by the greater of her tentative minimum tax or fill in the blank 2 % of the net regular tax liability that exceeds $fill in the blank 3 . therefore, adelyn's allowable general business credit for the year is
Adelyn's general business credit is limited to her net income tax reduced by the greater of her tentative minimum tax or 25 % of the net regular tax liability that exceeds $25000. therefore, adelyn's allowable general business credit for the year is $19,000.
Taxes point to mandatory contributions levied on person or manufacture by a government entity—whether local, regional, or national. Tax revenues value government activities, contain public works and services such as roads and schools, or programs such as Social Security and Medicare.
Adelyn's allowable general business credit for the year can be calculated by this equation below:
Adelyn's allowable general business = adelyn's net regular tax liability before the general business credit - tentative minimum tax
Adelyn's allowable general business = $107,000 - $88,000 = $19,000
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compare and contrast self-selection, vaccination and commitment to choice as functions of realistic job previews
Three functions are served by Realistic Job Previews are Self-selection, Vaccination, Commitment to the choice
Actual Job Preview reveals both information that is likely to be positive and negative about a particular employment. Increased job commitment, self-selection assistance, and vaccination of employee expectations
Several authors have come to the conclusion that self-selection is not a legitimate explanation for how realistic job previews (RJPs) affect job survival, despite the fact that the self-selection matching hypothesis is widely regarded as a crucial component of the psychological impacts of RJPs. During the application process, giving potential new hires a well-designed RJP can lower turnover and increase new hire commitment.
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Financial Management
Financial management deals with two things: raising money and managing a company's finances in a way that achieves the highest rate of return.
An essential component of general management is financial management. It is focused on the responsibilities of the business firm's economic managers.
Financial Management Goals
Financial resources are appropriately used by the business when procured and utilized effectively. It is the financial manager's most important component. Therefore, the financial manager must decide what the fundamental goals of financial management are. The two main features of financial management objectives include:
1. maximizing profit
2. Maximizing wealth.
To maximize profits
Profit is the primary goal of all economic activities. A company firm also operates primarily to make money. Profit is a metric used to gauge a company's operational effectiveness. Another common and limited strategy is profit maximization, which tries to increase a company's profit as much One of the contemporary strategies incorporating the newest advancements and advances in commercial concern is wealth maximization. The term "wealth" refers to shareholder money or the personal wealth of those involved in the firm.
Value or net present worth maximization are other names for maximizing wealth. In the sphere of business, this purpose is a widely acknowledged idea as possible.
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What is the most important factor for a business to succeed?.
The most important factor for a business to succeed perseverance
When a firm continues to advance in the face of setbacks and difficulties, it means they have exhibited perseverance. Without the determination to persist in the face of obstacles, a firm would fail. But your staff and you are driven to success by a core value of tenacity. It's a crucial quality because practically every entrepreneur will encounter flaws or failures in some way.
It's been said countless times before, that all make mistakes from time to time. One wouldn't be able to learn anything if there were no hurdles. The same concept entails a business pressing on despite obstacles in order to succeed. The key to success in managing workload and achieving goals is having clear goals in mind and working toward them.
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Stakeholders who want to look at detailed financial information on whether a company is profitable, is able to pay its bills, and how much debt it owes will look at the firm's ______.
annual report
Learn with Quizlet and retain terms from flashcards such as Stakeholders who desire to examine in-depth financial data on the financial situation.
What is meant by a stakeholder?
a person or collection of persons who have stock in a company. a person with obligations to and an interest in the success of an organization, society, or other entity because they are associated with it, such as employees, customers, or citizens.
What distinguishes a stakeholder?
Image outcomeHow to locate project stakeholdersThe project's charter.taking a look at the enterprise environmental factors.interviewing the decision-makers.asking inquiries.Include stakeholders at every stage of the project.The deliverables must be accepted by all parties.Describe the controls controlling change.The key is effective communication.To know more about Stakeholders visit:
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which of the following regarding return and risk is correct? the lower the risk, the better it is for individuals. risk is defined as the probability of outperforming the market. the higher the risk, the better it is for individuals. risk is the volatility of return.
The higher the risk, the better it is for individuals is the return and risk is correct. Hence, option C is correct.
What is return and risk?Risk and return in financial management refer to the potential dangers and rewards of an investment. Financial returns from investments with higher risk levels often outpace those with lower risk levels.
Whether they come in the form of interest, dividends, or market gains in the value of the security, a return is the word used to indicate profits from an asset after a given time period. While uncertainty surrounding the timing of getting this return is referred to as risk. Simply explained, it is a chance of getting a return on investment.
Thus, option C is correct.
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walt has convinced top management at his company that they can use data-mining techniques to develop new marketing strategies. one of the keys to the success of his suggestion is\
One of the keys to the success of his suggestion is making sure that the applications they use to analyze data are not flawed.
What is analyzing data?The deliberate use of logical and/or statistical methodologies to explain and show, summarize and analyze, and assess data is known as data analysis.
As a basic illustration of data analysis, every time we make a decision in daily life, we take the past or the potential future into account. This is nothing more than making decisions based on an evaluation of the past or the future.
Thus, applications they use to analyze data are not flawed.
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when the goals of the organization and the goals of employees are directly related and connected to one another, they are:
When the goals of the organization and the goals of employees are directly related and connected to one another, they are: individual performance contributes to organizational performance.
Leaders may regularly monitor and guide employee performance with the use of a performance management system. These methods assist leaders improve their potential for peak performance in addition to ensuring that workers are working productively toward goals that are in line with the business.
An open discussion between employees, management, and the entire firm is encouraged by effective performance management. As a result, everyone will feel more supported and involved while also increasing trust.
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FILL IN THE BLANK. According to Crosby, _____ is a performance standard which involves concentrating on preventing defects rather than just finding a fixing them.
According to Crosby, zero defects is a performance standard which involves concentrating on preventing defects rather than just finding and fixing them only.
In an organization, Zero Flaws (or ZD) is a collaborative program or mindset where everyone works together to achieve the aim of having no defects in quality. The idea briefly had popularity in American business starting in 1964 as a management-led initiative to eradicate flaws in industrial output.
An articulation of the performance threshold(s), requirement(s), or expectation(s) that must be met in order to be evaluated at a specific level of performance is called a performance standard.
Performance standards are instructions that companies provide to their staff members to explain what is expected of them as a member of the team. They outline the responsibilities of the position and the standards of performance that the employee must meet.
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the_____strategy avoids the risks and responsibilities of investment timing because stock purchases are made regularly regardless of the price.
the Dollar-Cost Averaging (DCA) strategy avoids the risks and responsibilities of investment timing because stock purchases are made regularly regardless of the price.
Investing can be difficult. Even seasoned investors who attempt to timing the market to buy at the most advantageous times may not succeed.
By automating purchases, the dollar-cost averaging method can make it simpler to manage with volatile markets. Additionally, it encourages regular investing on the part of investors.
Regardless of price, dollar-cost averaging is investing the same sum of money in a target security at regular intervals over a predetermined length of time. Investors can lower their average cost per share and lessen the effect of volatility on their portfolios by employing dollar-cost averaging.
This tactic effectively does away with the need to try to time the market to buy at the best pricing.
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which of the following is an example of indirect cost that a sourcer must consider? group of answer choices sample shipping cost cost of switching factories due to a violation of social compliance travel cost to ensure delivery and quality only a and c all of the above
All of the above (Cost of switching factories due to a violation of social compliance, and Travel cost to ensure delivery and quality)
What is indirect cost?Indirect costs are business expenses that aren't immediately associated with a specific grant, contract, project function, or activity but are nonetheless important for the organization's overall operation and the performance of its activities.
When reviewing your financial statistics, you should keep in mind that staff salaries are an indirect cost. Even while it's inevitable that your staff will change, you want to keep onto the people that make your business profitable and useful to your clients.
Although fixed and variable costs have different effects on the business, both are crucial to its profitability.
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reeves company is taking a physical inventory on march 31, the last day of its fiscal year. which of the following must be included in this inventory count? o goods that reeves is holding in inventory on march 31 for which the related accounts payable is 15 days past due. o goods in transit that reeves has sold to smith company. fob shipping point. o goods in transit to reeves, fob destination. o goods that reeves is holding on consignment for parker company.
The goods that Reeves has been holding in his inventories on March 31 for which the related Accounts Payable is 15 days past due must be included in the inventory count. Therefore, the option A holds true.
Inventory count can be referred to or considered as the count that represents the quantity or amount of goods available in the books of accounts as on the particular date of the accounting year. Only such goods are counted as a part of the inventory on the last date of the year, if they have an accounts payable due for at least 15 days.
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how can software assist in project stakeholder management? do you think social media tools are more likely to help or hinder projects?
For successful stakeholder involvement, you need a tool that was developed with your unique needs in mind. The cost savings brought on by a boost in project task efficiency is one of the main benefits of deploying stakeholder management software.
Do you think social media tools are more likely to help or hinder projects?
Social media helps you share crucial information like deadlines, important files, and progress reports while also connecting everyone on a team and facilitating communication between them.
We frequently see these real-world events through the eyes of individual stories and experiences posted on social media, as opposed to the reporting of major news organizations.
Therefore, We feel the need to react in some way as a result of the greater emotional and empathic reaction this causes.
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if you invested $2,000 every year for 30 years, and received a return of 9%, compounded annually, how much would you have in thirty years?
The estimated FV is $272,615.08. One of the financial functions is FV, which uses a constant interest rate to figure out an investment's future value.
The initial loan amount, or principal, is multiplied by the annual interest rate raised to the number of compound periods minus one to get compound interest.
The FV function in Excel is used to calculate value in 30 years:
rate = 9%, n per = 30, p mt = -2000, and the FV is $272,615.08.
If money is invested at 10%, how long will it take for it to double?
7.2 years, for instance, according to the Rule of 72, it would take 7.2 years ((72/10) = 7.2) for a $1 investment to grow to $2. In point of fact, it will take 7.3 years to double an investment of 10% (1.107.3 = 2). For low return rates, the Rule of 72 is reasonably accurate.
How is the compounded monthly rate of return calculated?
The monthly compound interest formula is as follows: P is the principal amount, r is the decimal interest rate, and t is the time. CI = P(1 + (r/12))12t - P.
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susan is a real estate licensee. her mother is moving to a facility for active seniors and has asked susan to sell her home. what information does susan need to disclose to prospective buyers?
Susan needs to disclose the information to prospective buyers that her mother owns the property and in the home, Susan's father passed away.
What is property?Property refers to both the set of legal rights that endows individuals with control over priceless objects as well as the items themselves. Depending on the type of property, an owner may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away, or destroy it, or to forbid others from doing so. They may also be able to abandon it, but regardless of the type of property, an owner has the right to use it in accordance with the property rights that have been granted to them. The possession or control of property owned jointly by more than one party may be exercised equally or unequally, in very similar or very different ways, simply or complexly.
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packaging serves several critical functions in the overall success of a product. some of these functions are multiple select question. giving a potential buyer
Answer:
Giving a potential buyer a sense of price, value, and uses.
Attracting the buyer's attention
Explaining the benefits of what's inside
Explanation:
One of the many roles that product packaging plays in a product's success is that it protects the product, aids in keeping the product/good contained, and informs the buyer about the product, among other things.
As a consequence, we can see that packaging is the process of placing an item or a product inside a container or package. Packaging is an essential branding step that also helps to draw in potential buyers with eye-catching packaging, but it also serves to preserve the package.
Good products must have a strong value proposition, solve an actual problem, be simply understood by users, carry out their jobs as quickly and effectively as possible, and get better the more you use them and become tougher to leave with.
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Grand Lighting Co. has filed a petition for voluntary bankruptcy under Chapter 11 of the Code. The case has gone well and the court confirmed the debtor's plan of reorganization and the case has now been closed. Which of the following will prohibit pre-petition creditors from collecting debts that Grand Lighting incurred before the petition was filed?
Group of answer choices
An automatic stay
A proof of claim
A voluntary petition
the discharge
An automatic stay will prohibit pre-petition creditors from collecting debts that Grand Lighting incurred before the petition was filed.
Debt can be truly understood as the amount owed by the borrower to the lender. Debt is the amount of cash that is borrowed for a positive time period and is to be returned in conjunction with the interest. the quantity as well as the approval of the debt depends upon the creditworthiness of the borrower.
With regard to accounting, debt is considered a liability. on the stability sheet, debt can refer to a ramification of various numbers - from wages payable to tax payable. however, debt is frequently used to refer to more especially regarding quick-term and long-time period loans, in addition to bonds inside the case of an enterprise.
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suppose you invest $20,000 by purchasing 200 shares of abbott labs (abt) at $50 per share, 200 shares of lowes (low) at $30 per share, and 100 shares of ball corporation (bll) at $40 per share. suppose over the next year ball has a return of 12.3%, lowes has a return of 23%, and abbott labs has a return of -10%. the value of your portfolio over the year is . group of answer choices $21,916 $19,828 $20,872 $22,959
The value of your portfolio over the year is
Portfolio return = 0.035 or 3.5%
The portfolio return is a function of the weighted average of individual stocks' returns that form up the portfolio.
The formula to calculate the portfolio return is as follows,
Portfolio return = wA * rA + wB * rB + ... + wN * rN
Where,
w represents the weight of each stock in the portfolio
r represents the return of each stock
First we need to calculate the investment of each stock,
Abbott = 200 * 50 = $10000
Lowes = 200 * 30 = $6000
Ball = 100 * 40 = $4000
Portfolio return = (10000 / 20000) * -0.10 + (6000/20000) * 0.20 +
(4000/20000) * 0.125
Portfolio return = 0.035 or 3.5%
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How do TNCs contribute to economic growth?.
TNCs are expected to increase capital inflows, strengthen a country's technological base, boost export competitiveness, and increase the quantity and quality of employment in developing countries.
What are the economic consequences of TNCs?A transnational corporation is a business that is involved in the international production of goods or services, foreign investments, or the management of income and assets in more than one country. It locates factories in developing countries where land and labor are less expensive.Employment creation a more consistent source of income than farming improved education and abilities Investment in infrastructure, such as new roads, benefits both locals and the TNC.The formation of trade blocs, the removal of international barriers, and changes in government policies to encourage economic liberalization, such as the removal of capital controls and legal restrictions, as well as the establishment of SEZs, all help to increase the size and number of TNCs.To learn more about TNCs refer to :
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budgeting method of setting a promotion budget, the budget is set by matching the competitor's absolute level of spending or the proportion per point of market share.
Competitive parity budgeting-allocating funds to advertising through matching the competitor's absolute degree of spending or the share per point of market share. Also called matching competitors or share of market.
What is the distinction between competitive gain and competitive parity?Competitive parity is an location the place you achieve standard or common consequences as in contrast to others in your industry. Competitive advantage is an vicinity in which you obtain above common effects in your industry, probably surpassing all competition.
Competitive disadvantage (CD) is a time period used to describe a business' lack of ability to correctly compete with their competitors. The chilling effect of CD is a shrinking client base.
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Entrepreneurship necessitates balancing the potential advantages of a successful company model against the danger of losing money.
What are the four effective strategies for entrepreneurship?Draw on previous professional experience. Many entrepreneurs don't rise to the top of a traditional corporate totem pole overnight; they frequently start at the bottom.Create a broad range of skills. In many respects, an entrepreneur is first and foremost a full-time problem-solver.Determine a problem that has to be fixed, then fix it. The most successful business owners start by assessing the market, recognizing a problem, and then developing a business concept that aims to address that issue.Keep an open mind. One of the most crucial qualities for entrepreneurs of all ages is curiosity. You must always look for new individuals and new experiences if you want to keep learning and keep up your competitive edge.To learn more about entrepreneurial success refer to:
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___ is an arrangement in which countries give each other only preferential treatment by eliminating tariffs and other barriers on goods: free trade area.
Free trade agreement An agreement in which countries grant each other preferential treatment only by removing tariffs and other trade barriers free trade zone.
A free trade agreement or free trade agreement is an agreement under international law to form a free trade area between cooperating countries. There are two types of trade agreements: One of the most prominent bilateral and multilateral free trade agreements is the North American Free Trade Agreement (NAFTA) between Canada, Mexico, and the United States. The agreement was signed in 1992 and entered into force in 1994. An example of a trilateral free trade agreement. To date, it has eliminated many barriers and tariffs between the three countries.
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What should you do if an individual asks you to let her follow you into your controlled space, stating that she left her security badge at her desk?.
If someone requests you to let her follow you into your controlled zone and claims that she left her security badge at her desk, you should refuse to give her entry and alert authorities if you notice any suspicious conduct.
What is suspicious conduct?
Any detected behavior that could point to pre-operational planning for terrorism or terrorist-related criminality is referred to as suspicious activity or suspicious conduct. Although some actions may be lawful, trained law enforcement personnel can assess whether the behavior calls for additional action.
If someone requests you to let her follow you into your controlled zone and claims that she left her security badge at her desk, you should refuse to give her entry and alert authorities if you notice any suspicious conduct.
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Complete the car class by creating an attribute purchase_price (type int) and the method print_info() that outputs the car's information. Ex: if the input is: 2011 18000 2018 where 2011 is the car's model year, 18000 is the purchase price, and 2018 is the current year, then print_info() outputs: car's information: model year: 2011 purchase price: $18000 current value: $5770.
The program to complete the car class by creating an attribute will be:
class Car:
def __init__(self):
self.model_year = 0
# setting the purchase_price attribute that will be used to set the purchase price of the car
self.purchase_price = 0
self.current_value = 0
def calc_current_value(self, current_year):
depreciation_rate = 0.15
# Car depreciation formula
car_age = current_year - self.model_year
self.current_value = round(self.purchase_price * (1 - depreciation_rate) ** car_age)
What is a computer program?It should be noted a computer program is a sequence or set of instructions that are in a programming language for a computer to execute.
In this case, the the car class is illustrated by creating an attribute purchase_price (type int) and the method print_info() that outputs the car's information.
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item3 4.16 points item skipped ebookhintprintreferencescheck my workcheck my work button is now enableditem 3 prepare journal entries to record each of the following transactions. the company records purchases using the gross method and a perpetual inventory system. august 1 purchased merchandise with an invoice price of $60,000 and credit terms of 3/10, n/30. august 11 paid supplier the amount owed from the august 1 purchase.
The journal entries for the transactions given above will have a debit and a credit effect. A total of two journal entries will be made, one on August 1 with a credit to Accounts Payables, and one on August 11 with a debit to the Accounts Payable for the firm. The journal entries have been made after assuming gross method and perpetual inventory system.
Merchandise inventory Ac. Dr. 60,000
To, accounts payable Ac. 60,000
Accounts payable Ac. Dr. 60,000
To, merchandise inventory(c) 2400
To, cash(c) 57600
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Complete question
prepare journal entries to record each of the following transactions. the company records purchases using the gross method and a perpetual inventory system. august 1 purchased merchandise with an invoice price of $60,000 and credit terms of 3/10, n/30. august 11 paid supplier the amount owed from the august 1 purchase.
Most important in dealing with ethical and legal issues between the customer and the salesperson is for sales managers to.
Most important in dealing with ethical and legal issues between the customer and the salesperson is for sales managers to lead by example.
The process of creating a sales team, coordinating sales activities, and putting in place sales strategies that enable a company to consistently meet and even exceed its sales targets is known as sales management.
A sales management strategy is a necessity if your company generates any money at all. The key to success is always precise sales management processes when it comes to managing sales and improving sales performance for any size operation, regardless of industry. A strong sales manager who can motivate and guide a sales department is the first step in achieving this.
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exchange traded funds exchange traded funds cannot be sold short redeem their shares are bought and sold in secondary markets only buy exchangeable securities
Exchange-traded funds cannot be sold short redeem their shares are bought and sold in secondary markets only buy exchangeable securities: cannot be sold short.
A fund is a pool of money that is allotted for a specific purpose. A fund can be set up for many specific purposes: a city government placing aside money to construct a new civic middle, a college setting apart cash to award a scholarship, or an insurance organization that sets apart cash to pay its customers' claims.
A mutual fund is a professionally controlled funding fund that pools money from many buyers to purchase securities. The time period is usually used inside the USA, Canada, and India, whilst comparable structures across the globe encompass the SICAV in Europe and open-ended investment organization in the united kingdom.
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having money taken at regular intervals from your paycheck and put into a mutual fund is an example of:
One example of this would be to have money withdrawn from your paycheck on a regular basis and put into a mutual fund.a plan for investing automatically.
When you make an investment in a mutual fund, what happens to your money?
You can "mutually" buy stocks, bonds, and other investments by pooling your money with other investors through mutual funds.Professional money managers run them, and they choose which securities (stocks, bonds, etc.) to buy.when they should be sold.All fund investments and any income they generate are available to you.
Which of the following is the fund from which mutual funds are made?
A mutual fund can earn money from dividends, distributions of capital gains, and changes in the price of the fund's shares.The management company is the owner of a mutual fund.
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this year, its actuary informed gear-it-up bicycles, inc., that its required annual contribution to the company defined benefit pension plan needs to be significantly higher than last year. which of the following factors could be responsible for this increase in annual contributions?
The factors could be responsible for this increase in annual contributions and Lower-than-expected earnings on plan investments
A structured investment plan is an investment tool many mutual funds offer investors that allows you to invest small amounts on a regular basis rather than in lump sums. The frequency of investments is typically weekly, monthly or quarterly.
Investment planning is the process of identifying financial goals, developing plans, and executing them. Investment planning is the main part of financial planning. Investment planning begins with identifying goals and objectives.
There are basically six types of mutual funds. That is, growth or equity funds, liquidity or money market funds, bond or debt funds, hybrid or mixed funds, index funds, and tax saving funds. Mutual funds help investors achieve their short-term or long-term financial goals.
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