The correct answer is E. sales. therefore the correct option is (E).
A sale is a transaction that involves exchanging products or services for a certain sum of money. To put it another way, a sale is any action that includes giving the buyer possession of a thing or commodity in return for payment. In general commercial operations, sales refer to any transactions where money or value is transferred for the ownership of an item or right to a service. Sales, in the context of accounting, refers to the income generated by a corporation via the selling of goods or services (net sales).
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which price index measures the average price for a basket of goods purchased by a typical american consumer?
Consumer price index measures the average price for a basket of goods purchased by a typical american consumer.
The monthly change in prices paid by American consumers is tracked by the Consumer Price Index (CPI). The CPI is calculated by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a selection of products and services that is indicative of total consumer spending in the United States.
One of the most widely used indicators of inflation and deflation is the CPI. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report employs a different survey methodology, price samples, and index weights. The frequently cited CPI is based on an index that accounts for 93% of the U.S. population, while cost-of-living adjustments to government benefits are made using a comparable index that accounts for wage earners and clerical workers. The CPI is based on roughly 94,000 price quotes that are gathered each month from about 23,000 retail and service businesses and 43,000 rental housing units. To calculate the change in shelter expenses, including those for owner-occupied housing, which makes up about a third of the CPI, housing rentals are used.
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the figure at right shows the payoff to two gasoline stations, a and b, deciding to operate in an isolated town. if firm a chooses its strategy first, then
Both firms will enter if firm a decides on its plan first.
A on the left, B on top, 50/50, 100/0; 0/100, 0/0 in the matrix.
Does company B employ a dominant strategy?Although Firm B does not have a dominant strategy, it is always preferable to act in opposition to Firm A. In other words, firm B will suffer a loss if it participates given firm A's decision. Let's say that two businesses, A and B, are debating entering a new market at the same time. Both parties receive nothing if neither participates. If both participate, they each lose 100.
Do businesses pick strategies at random?Although some theorists disagree with the probability assigned, they contend that mixed strategies are impossible because corporations do not arbitrarily choose tactics. They contend that a business may pick a pure strategy using information that its competition does not have access to.
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a retail company is trying to promote its new clothing line to a large audience, but still have control over the message. what element of the promotional mix should the retail company focus on?
the retail company should focus on elements of the promotional mix such as advertisement.
What is an advertisement?
Advertising sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event. Some people may view the phrase as going even further than that, encompassing any form of sponsored advertising intended to inform or persuade. Direct mail, comparative, cooperative, educational, and outdoor advertising are a few types of product advertising. Television, radio, print, websites, social media, outdoor/billboards, and digital placement are all examples of advertising channels. It can happen on a variety of platforms, including print, radio, television, and digital media. Persuading someone to purchase a product or take an action is the primary objective of advertising.
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when a tax is levied on a good, a. government revenues exceed the loss in total welfare. b. there is a decrease in the quantity of the good bought and sold in the market. c. the price that sellers receive exceeds the price that buyers pay. d. all of the above are correct.
When a tax is levied on a good, d. both buyers and sellers are worse off.
A tax is a mandatory fee or financial charge levied by any government on an individual or an organization to collect revenue for public works providing the best facilities and infrastructure. The collected fund is then used to fund different public expenditure programs.
The IRS has tax brackets tied to income. The more you make, the higher your tax bracket and the greater the percentage of your income that's taxed. Folks with very low incomes or no income don't pay federal income taxes at all. You don't take your tax bracket and apply that percentage to your entire income, though.
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Identify two ways to increase productivity.
The two ways that can help a person improve their productivity include,
Time managementFocusing on one goal at a timeTime management can be referred to or considered as the process of managing the tasks related to a person or an organization in such a way that they are completed in a timely manner. Moreover, it is identified as a sure shot way of improving the productivity for an individual as well as an organization. For improving the productivity further, the goal must be focused on one element at a given time.
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1-A long-term asset is recorded at the:
Cost of the asset.
Additional costs to get the asset ready for use.
Cost of the asset plus all costs necessary to the asset ready for use.
Cost of the asset less all costs necessary to the asset ready for use.
2- The Open Grill incurred the following costs in acquiring a new piece of land:
Cost of the land
$
80,000
Commissions
4,800
Liability insurance for the first year
1,200
Cost of removing existing building
20,000
Sale of salvaged materials
(4,000
)
Total costs
$
102,000
What is the total recorded cost of the land?
$102,000.
$100,800.
$106,000.
$80,000.
3-
The Cheese Factory incurred the following costs related to acquiring a new piece of equipment:
Cost of the equipment
$
50,000
Sales tax (8%)
4,000
Shipping
3,000
Installation
2,000
Depreciation during the first month
1,000
Total costs
$
60,000
What is the total recorded cost of the equipment?
$60,000.
$50,000.
$57,000.
$59,000.
4- Which of the following is properly recorded as an intangible asset?
An internally developed trademark.
A piece of land.
A purchased patent.
An internally developed copyright.
5-
Which of the following correctly describes the nature of depreciation?
Depreciation represents the valuation of property, plant, and equipment over its service life.
Depreciation represents the valuation of an intangible asset over its service life.
Depreciation represents the allocation of the cost of property, plant, and equipment over its service life.
Depreciation represents the allocation of the cost of an intangible asset over its service life.
6-Accumulated depreciation is
An expense account.
An asset.
A contra-asset.
A liability.
7-Depreciation in accounting is the:
Decrease in fair value of an asset.
Decrease in selling price of an asset.
Allocation of an asset’s cost to an expense over time.
Change in fair value of an asset.
Bottom of Form
Answer:
I don't know what the answer would be because this is really confusing
Explanation:
I don't know how to explain it because I'm confused
taylor is about to go car shopping, and she has $5000 saved that she can use for a down payment while still having extra cash in her emergency fund. she expects the exact model car she's looking for to cost $35,000. if her top priority is having the lowest monthly payments possible, which advice should she follow?
The most ideal choice for Taylor is put in $5000 for your upfront installment, and pick a credit with a drawn-out length.
What is credit?
Credit is the loaning of cash by at least one person, association, or different substances to others, associations, or different elements in finance. The beneficiary (i.e., the borrower) causes an obligation and is normally expected to pay interest on that obligation until it is reimbursed, as well as reimbursing the chief sum acquired.
The record confirming the obligation (for instance, a promissory note) will ordinarily indicate the chief sum acquired, the financing cost charged by the loan specialist, and the date of reimbursement.
For this situation, picking a drawn-out reimbursement plan will make it simpler to take care of.
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Outsourcing some production is a means of _________ a capacity constraint.
identifying
modifying
Supporting
Overcoming
Option D is correct. Outsourcing some production is a means of overcoming a capacity constraint.
To decide the production capacity an association needs to fulfill moving shopper needs for its items through the course of capacity planning. The most extreme measure of work that an association is fit for acting in a particular time period is known as plan limit with regards to scope quantification.
Shortcoming happens from a crisscross between an organization's capacities and its clients' requirements, either as underutilized assets or neglected client interest. Capacity planning looks to decrease this crisscross. Changes underway result, like expanding or bringing down the creation amount of an ongoing item or making new items, influence the interest for an association's ability. The viability of the gear overall can be expanded to get a superior utilization of the current limit (OEE). Expansions in limit can be accomplished by adding new strategies, apparatuses, and materials, adding more individuals or machines, adding more moves, or purchasing additional manufacturing facilities.
Outsourcing is a business practice in which an organization recruits an outsider to perform errands, handle tasks or offer types of assistance for the organization.
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nueva company reported the following pretax data for its first year of operations. net sales 7,340 cost of goods available for sale 5,650 operating expenses 1,718 effective tax rate 20 % ending inventories: if lifo is elected 621 if fifo is elected 816 what is nueva's net income if it elects fifo?
The time period “income” normally refers to the quantity of cash, assets, and other transfers of price acquired over a fixed time frame in alternate for products or services there may be no unmarried, widespread definition profits are defined according to the context wherein the idea is used.
Internet sales 7340
less: the value of products sold 5650 =5650-1718
Gross profit 3932
much less: operating expenses of 1718
earnings before profits tax 3932
less: income tax expense 816=1022*20%
Nueva's net earnings 204.4
$613 is the correct option
Internet sales 7400
less: the price of goods offered 4820 =5630-810
Gross earnings 2580
much less: running fees 1558
income earlier than earnings tax 1022
much less: profits tax fee 409 =1022*40%
Nueva's net profits 2580
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What percentage of Indian GDP is contributed by the service sector Mcq? A. 25 % of GDP
B. 60 % of GDP
C. 53% of GDP
D. 49 % of GDP
The service industry in India contributes (C) 53% of the country's GDP.
What is the service sector?The third layer of the three-sector economy is the service sector, commonly referred to as the tertiary sector.
This industry produces maintenance and repairs, training, or consultancy instead of products.
Jobs in the service industry include education, nursing, housekeeping, and tours.
The sub-sectors of "Public administration, defense, and other services," "Financial, real estate & professional services," and "Trade, hotels, transport, communication & broadcasting services" are expected to grow by 11.9 percent, 4 percent, and 10.7 percent, respectively, in 2021–2022.
53.89% of India's 179.15 lakh crore GVA, or Indian rupees, goes to the services sector.
Having a GVA of Rs. 46.44 lakh crore, the industry sector makes up 25.92% of the economy.
While agriculture and related industries account for 20.19%.
Therefore, the service industry in India contributes (C) 53% of the country's GDP.
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which of the following statements is false? group of answer choices to an economist, the resource capital consists of unproduced goods that can be turned into produced goods. to an economist, the resource entrepreneurship refers to a particular talent that some people have for organizing the resources of land, labor, and capital to produce goods, seek new business opportunities, and develop new ways of doing things. to an economist, the resource land includes natural resources such as minerals, forests, water and unimproved land. to an economist, the resource labor consists of the physical and mental talents people contribute to the production process.
According to option (a), the capital resources are made up of unproduced items that can be converted into produced goods.
What sources of funding are available?Capital resources include funds used to start a new business as well as the things people build to manufacture goods and provide services, such as buildings, machinery, and other tools.
How are capital resources produced?A business produces goods and services using capital resources, or resources created by humans. Businesses can maintain productivity and customer service thanks to capital goods. Capital resources include machinery, infrastructure, and equipment. They are marginally different from production factors.
How much money will be used to produce the products?Among the capital assets that businesses use to generate their goods and services are buildings, machinery, tools, and equipment. Many scholars have offered slightly different explanations of the higher-level notion known as capital resources.
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which answer can be defined as an investment center contribution margin less the fixed costs that are traceable to investement center
Controllable Margin can be defined as an investment center contribution margin less the fixed costs that are traceable to investement center. The controllable margin, also known as the contribution margin, is used to assess the expected profit from sales.
We can say it is used to separate fixed cost and profit components from product sales. Use Margin Management to manage margins on sales orders and quotes created for standard items. If the net price of an offer or order exceeds the defined margin, the investement action will be taken. For example, if the order's margin is exceeded, the order will be blocked. Controllable expenses are expenses that the company can fully control.
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countries with different initial levels of per capita income may gravitate to a similar level of per capita income. economists call this phenomenon . a. simulation b. gravitation c. depreciation d. convergence
All-out income reveals the payment of the whole country. It doesn't give data about the singular livelihoods of individuals living in the country. Then again, per capita pay thinks about the number of inhabitants in the country.
What is per capita income?
The per capita pay of a geological area (say, a nation, state, city, or others) gauges how much cash is procured by each individual around there. It decides the typical pay of an individual in a country, a state, or a particular district.
Per capita pay, otherwise called pay per individual, is the mean pay of individuals in a financial unit like a Nation or city. Per capita pay is many times utilized as normal pay, a proportion of the abundance of the number of inhabitants in a country, especially in contrast with different countries.
All-out income reveals the payment of the whole country. It doesn't give data about the singular livelihoods of individuals living in the country. Then again, per capita pay thinks about the number of inhabitants in the country.
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one year ago, you purchased 100 shares of acreage stock at a price of $28.68 per share. the company pays quarterly dividends of $1.50 per share. today, you sold all your shares for $29.42 per share. what is your total percentage return on this investment?
The total dollar return on this investment is $674.
Total dollar return on this investment = (Annual dividend + (ending price - beginning price)) × Number of shares
= (($1.50 ×4) + ($29.42 - $28.68)) × 100
= ($6.00 + $0.74) × 100
= $6.74 × 100
= $674
∴Total dollar return on this investment = $674
Economists imply the manufacturing of products in order to be used to provide other items. This definition differs from popular utilization, wherein choices to buy stocks (see stock market) or bonds are concepts as investments. funding is normally the result of forgoing consumption. Investments are generally bucketed into 3 primary categories: stocks, bonds, and cash equivalents. there are many one-of-a-kind kinds of investments within each bucket. right here are six kinds of investments you would possibly keep in mind for a long-term boom, and what you should realize about each.
investment is an asset this is received with the anticipation of producing an income or profit or fee appreciation. The gain derived from the investment is referred to as a return. threat and returns are without delay proportional (i.e.) the higher the risk, the better the returns.
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suppose that you want to build a community garden for your neighborhood, which has 500 residents. the cost of the garden is $2,000, and each person values the garden at $3. after a month, you have only received 75 donations at $3 each. the result is that a. neither you nor the local government should build the garden. b. either you or the local government should build the garden. c. the local government should build the garden, but you should not. d. you should still build the garden, but the local government should not.
Either you or the local government should build the garden. Although the donations received are not enough to cover the full cost of the garden, it is still worth pursuing if the local residents value it at $3 each.
What does Value mean?
The worth or importance that someone attaches to a person, object, idea, or experience is referred to as "value." It can refer to an item's monetary worth, but it can also refer to its emotional, spiritual, or social worth. Value is subjective and varies across individuals and cultures.
What does Cultures mean?
Cultures refer to the shared beliefs, values, customs, practices, and social behaviors of a particular group of people. Cultures are often based on language, religion, and traditions that are passed down from generation to generation. They are also shaped by geography, politics, education, and the media.
Therefore the option B. either you or the local government should build the garden is the correct answer.
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Which of the following is NOT an example of marketing?
a.Billboard display for a law firm
b.Product line display at a trade show
c.Press release for a company-sponsored charity event
d.Television commercial to sell a new product
B) Display of a product line at a trade show.
What makes a good display for a trade show?Open Space Your exhibit, business, and brand will stand out from the crowd if your space is open and inviting. A great way to attract potential customers is to remove obstacles that prevent people from entering or leaving the establishment. You want visitors to have the freedom to enter and exit the exhibit.
How does a product display work?A custom fixture in your store called a product display is used to entice and attract customers. The visual merchandising strategy you use for your brand is a big part of how the fixture looks.
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Which of the following are fundamental ethical principles for professional accountants?
1 Competence
2 Compliance
3 Integrity
4 Objectivity
A. 1, 2 and 3 only
B. 1, 3 and 4 only
C. 2, 3 and 4 only
D. 1, 2 and 4 only
The following are fundamental ethical principles for professional accountants 1, 2 and 3 only.
Which of the following ethical guidelines applies to accountants in general Macq?Acting with integrity, objectivity, professional competence and due care, confidentiality, and professional behavior are the essential ethical norms that apply to all members of professional bodies. All members of the accounting profession are required to adhere to the basic ethical norms.
Which of the following is a professional accountant's ethical obligation?Any bias, conflict of interest, or undue influence from others should not be allowed to trump professional or business judgments by a professional accountant.
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assuming the projects are independent, which one(s) would you recommend? -select- if the projects are mutually exclusive, which would you recommend? -select- notice that the projects have the same cash flow timing pattern. why is there a conflict between npv and irr?
The present value of a flow of payments from a business, project, or investment is determined using net present value (NPV). It is the distinction between the current value of cash inflows and outflows over a given time period.
a. The NPV for the given question is calculated and attached in the form
of an image. The following computations are as under
IRR: IRR is the rate at which present value of cash inflows is equal present value of cash outflows.
Project A : 9000 = 3000/ (1+r)^1 + 3000/ (1+r)^2 + 3000/ (1+r)^3 + 3000/ (1+r)^4 + 3000/ (1+r)^5
Solving for r we get, IRR = 19.86%
Project B : 27000 = 8400/ (1+r)^1 + 8400/ (1+r)^2 + 8400/ (1+r)^3 + 8400/ (1+r)^4 + 8400/ (1+r)^5
Solving for r we get, IRR = 16.80%
MIRR = [Square root of (Present value of cash flows/ Initial Investment)] - 1
The present value of cash flows are calculated above in the table
MIRR Project A = [Square root of 10299.24/9000] - 1 = 1.0697 - 1 = 6.97%
MIRR Project B = [Square root of 28837.88/27000] - 1 = 1.0335 - 1 = 3.35%
Payback period is the number of years in which the initial investment is recovered.
Payback period A = 9000 /3000 = 3 years
Payback period B = 27000 / 8400 = 3.21 years
Discounted Payback period:
As per the NPV table above,
For project A, amount recovered upto 4 years = $8741.14, Balance to be recovered = $9000 - $8741.14 = $258.86
Discounted payback period = 4 + 258.86 / 3000 = 4.09 years
For project B, amount recovered upto 4 years = $24475.18, balance to be recovered = $27000 - $24475.18 = $2524.82
Discounted payback period = 4 + 2524.82 / 8400 = 4.30 years
b. Both projects would be accepted since both of their NPV's are positive
c. If the projects are mutually exclusive, the project with the highest
positive NPV is chosen. Accept Project B.
d. Since the cash flow timing is the same , The conflict between NPV and
IRR occurs due to the difference in the size of the projects.
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Complete question:
A firm with a 14% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows Project A $9,000 $3,000 $3,000 $3,000 $3,000 $3,000 Project B $27,000 $8,400 $8,400 $8,400 $8,400 $8,400
a. Calculate NPV for each project. Calculate IRR for each project. Calculate MIRR for each project. Calculate payback for each project. Calculate discounted payback for each project. Round your answers to two decimal places.
b. Assuming the projects are independent, which one(s) would you recommend?
c. If the projects are mutually exclusive, which would you recommend?
d. Notice that the projects have the same cash flow timing pattern. why is there a conflict between npv and irr?
a business would most likely write a request for proposal to a. advertise openings for two sales positions. b. attract new clients. c. renovate offices. d. interview job candidates.
The request for proposal by the business will most likely be written to c. renovate offices.
The development of a call for bids is the most frequent result of office renovation (RFP). An RFP outlines the services, equipment, or problem-solving requirements of a business or group while also inviting competitive bids. A call for proposals is a document that requests business bids from potential suppliers.
This request is typically made through a bid process by a business or organization looking to buy a valuable asset, service, or item. Almost all public organizations and a sizable number of private businesses use RFPs in the procurement process. Who develops an RFP varies from company to company. Some businesses have an RFP manager whose job it is to manage the entire RFP process. There are executives in many companies.
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a company reported a net loss of $30,000 for the current year, yet its cash balance increased during the year. which financial statement should management refer to for an explanation of this situation? a.balance sheet b.statement of cash flows c.income statement d.statement of retained earnings
The company reported a net loss of $30,000 for the current year, yet its cash balance increased during the year. d.statement of retained earnings.
A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.
There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.
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jamestown corp. obtains the following information from its actuary. all amounts are as of january 1, year 6 (beginning of the year). projected benefit obligation $1,530,000 related fair value of asset $1,650,000 unrecognized net loss $235,000 average remaining service period 5.5 years what amount of net loss should be recognized as part of net pension cost in year 6 using the corridor approach ? $12,727 $14,909 $42,727 $70,000
$12,1727, net loss should be recognized as part of net pension cost in year 6. Therefore, the first option is the correct answer.
During his post-retirement years, the employee receives a fixed pension, which is paid to him as a monthly income at regular periods. An employer, an employee, or both may contribute money to a pension fund.
In the given question, the task at hand is to figure out how much net loss will be included in Year 6's net pension expense. Only the unrecognised net gain or loss that exceeds 10% of the PBO or the corresponding fair value of the asset is amortised under the corridor approach.
The fair value ($1,650,000) in this instance exceeds the PBO ($1,530,000). $165,000 (10% of $1,650,000) is the cost of the corridor. The corridor $70,000 ($235,000 - $165,000) is exceeded by the unrecognised net loss ($235,000). The surplus ($70,000 / 5.5 = $12,727) is amortised over the typical remaining service length of active employees anticipated to participate in the plan.
Therefore, $12,727, is the required net loss.
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standard measurement used to compare packages of different sizes is a. coupons b. open dating c. rebates d. unit pricing e. warranty
Unit pricing is the standard measurement used to compare packages of different sizes.
There are many different types of measurement systems in use around the world, but the international standard unit of measurement is the International System of Units (SI). The SI unit of length is the meter, and the SI unit of mass is the kilogram.
Unit pricing is a pricing method used by some retailers, in which goods are priced according to their unit of measurement rather than by the item. This method can be useful for shoppers who want to compare prices of similar items from different brands.
Hence, the correct option is "D".
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Which of the following is most typical of a command economy?
A) Consumers have choices of many substitutes for any given product.
B) Quality of products and services tends to be consistent.
C) The prices of goods and services frequently change.
D) Many products are usually in short supply.
(D) Many products are usually in short supply is one of the following is most typical of a command economy.
Describe the command economy.A command economy is an economic system where the production and distribution of products and services are planned and managed by a central authority, such as the government. This form of economy is typically linked to nations with socialist or communist governments.
The nations that practice command economies essentially have authoritarian economic frameworks in which political or social hierarchies are completely in charge of making decisions regarding the economy.
Everyone, from large participants in the economy to individual workers, must abide by these decisions that are put into effect by the nation's authorities.
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an auditor traced a sample of purchase orders and the related receiving reports to the purchases journal and the cash disbursements journal. the purpose of this substantive audit procedure most likely was to
The purpose of this substantive audit procedure most likely was to determine that purchases were properly recorded.
What does it mean to follow a recorded transaction from the journal to the ledger or the other way around?A transaction is "posted" in accounting when it is entered into the journal and/or account ledgers. A post reference is a code that can direct someone looking at a particular account ledger (such accounts payable or accounts receivable) to the appropriate entry in the journal, or vice versa.
An audit that is conducted concurrently with the occurrence of transactions or as close to them as possible is known as a concurrent audit. It aims to reduce the time between a transaction and an independent party's review of it.
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Which of the following is n_ot an example of an external threat to a company's future profitability?
A. The lack of a distinctive competence
B. The potential of a hostile takeover
C. Adverse changes in foreign exchange rates
D. Unfavorable demographic shifts
E. The introduction of restrictive trade policies in countries Where the company does business
The absence of a unique competency is not an illustration of an external danger to the future profitability of a firm.
How would you define business?An innovative company or group that engages in professions is referred to as a business. They might be professional, corporate, or something else. Businesses that are for profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
What are some business examples?Example include manufacturing, selling, buying land, buildings, and equipment, buying other businesses, investing on marketable assets, and getting loans form banking companies. In order to generate enough cash flow, company operations must be properly conducted and managed.
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field industries' outstanding bonds have a 25-year maturity and $1,000 par value. their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $1,150. what is the bond's nominal (annual) coupon interest rate?
The outstanding bonds of "Field industries" have a 25-year maturity and a $1,000 par value. They have a nominal yield to maturity of 9.25%, pay interest every two years, and are sold for $1,150.
However, the following formula can be used to determine the bond's nominal (annual) coupon interest rate:
FV (the par value of the bond) is $1,000 N= 25 x 2 = 50 periods (since it is a q) i/y=9.25/2=4.63 PV= -850 PMT=? PMT=38.55
Annual coupon payment equals 38.55 x 2 to 77.10
Annual coupon payment/par value = 77.10/1000 = 0.08 or 7.710 Nominal coupon rate
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the difference between budgeted fixed manufacturing overhead and the fixed manufacturing overhead allocated to actual output units achieved is called the fixed overhead . question 2 options: flexible-budget variance efficiency variance combined-variance analysis production-volume variance none of the above.
The difference between budgeted fixed manufacturing overhead and the fixed manufacturing overhead allocated to actual output units achieved is called the fixed overhead production-volume variance.
What does a budget mean?The budget is a thorough plan that describes your monthly or yearly spending. Depending on what you consider to be the most efficient utilization your business cash, you assign every dollar a "task," and then you review your plan and compare it to actuality to find out how you fared.
Which three types of budgets are there?Surplus Budget, Balanced Budget, and Deficit Budget are the three categories of annual government budgets based on estimates.
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assume that one year ago you bought 100 shares of a mutual fund for $13.50 per share, you received a $0.42 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $17. calculate the total return for this investment if you were to sell it now.
The total return for this investment is $392.
The total return from investment is the distinction between the deals that continue at current market esteem in addition to the capital addition less buy (venture) costs.
Explanation:
Number of shares of mutual fund = 100
The per share price = $13.50
per-share capital gain = $0.42
the market value of the fund = $17
The total returns for 100 shares=( current value+ capital gain - purchase price) * 100
($17 + $0.42 + $13.50)*100
3.92*100 =392
Total sales (If sold) = ($17 * 100) = 1700
Total capital gain = ($0.42 * 100) = 42
Purchase cost = ( $13.50 * 100) = 1350
Total returns = ( $1700 +$ 42 - $392) = $392
return on investment= ($392*100/$1,350) =29.04%
The total returns can also be expressed as a percentage as;
($392*100/$1,350) =29.04%
Subsequently, the all-out returns acknowledged from the acquisition of the common asset are $392, or 29.04% of the investment cost.
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true or false: the audit work for capital stock is usually far less than that required for assets, liabilities, revenue, or expense
False- the audit work for the capital stock is usually far less than that required for assets, liabilities, revenue, or expense.
AuditAn audit is an assessment of a company's financial accounts. Audits are performed to provide investors and other stakeholders trust in a company's financial reports. Audits can offer authorities with assurance that a firm is following all applicable legal and regulatory requirements. Auditors see and recognize the propositions presented to them for inspection, gather evidence, assess it, and make an opinion based on their judgment, which they transmit through their auditing report. Any subject matter may be audited.
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general electric is pricing its new food processor thus. year 1: $800, year 2: $600, year 3: $ 500, year 4: $550, year 5: $400 this is price skimming. true or false. briefly explain.
This statement is true. The given example indicates price skimming. Price skimming actually refers to the strategy of keeping the initial price of a product higher and lowering it over time by the firm.
When a firm introduces a product in the market, it keeps the price of the product higher to see if the product is being successfully demanded and sold to the consumers at this price. When the firm succeeds at meeting the demand of the first set of consumers, it lowers the price of its product in the subsequent stages to attract price-sensitive consumers and to compete with its substitute firms. This strategy is mainly taken by a firm when the demand for its products decreases due to the entrance of competitors who are able to charge lower prices for the same product. Then, the firm is forced to make the price of its product lower over time.
Rate skimming is a rate-putting strategy that a firm can rent when launching a product or service for the first time. By following this rate of skimming technique and shooting more earnings a firm is able to recoup its sunk costs faster, in addition, to profit off of a higher price within the market before new competition enters and lowers the market fee. It has emerged as an exceedingly commonplace practice for managers in new and developing markets, introducing costs high and losing them over the years.
charge skimming is sometimes known as using down the demand curve. The objective of a price skimming method is to capture the consumer surplus early in the product existence cycle on the way to make the most a monopolistic role or the low fee sensitivity of innovators.
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