Inventory cost flow assumptions can be used to assign dollar amounts to ending inventory and cost of goods sold. As per inventory cost flow assumption, an inventory item's cost varies depending on when it is built or purchased and when it is sold.
Management requires formal mechanism for allocating expenses to inventory as they develop into sellable commodities due to this cost disparity. The cost flow hypothesis may or may not correspond to actual flow of products. Instead, cost flow estimate that differs from real usage is acceptable. Businesses typically choose cost flow assumption that either reduces or maximizes earnings.
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Acne company has an agreement with a major credit card company that calls for cash to be:____
Acne company has an agreement with a major credit card company that calls for cash to be a variable cost.
Variable costs are fees that change as the extent of modifications. Examples of variable charges are raw substances, piece-rate hard work, production substances, commissions, shipping fees, packaging materials, and credit card costs. In a few accounting statements, the Variable fees of manufacturing are referred to as the “cost of goods offered.”
A variable cost is a price that adjustments in share to manufacturing output or income. While manufacturing or income boom, variable expenses increase; when production or income lower, variable prices lower.
Variable value system. To calculate variable costs, multiply what it costs to make one unit of your product via the full range of merchandise you've got created. This method looks like this: overall Variable charges = value in keeping with Unit x overall variety of units.
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Overnight trucking recently purchased a new truck costing $150,800. The firm financed this purchase at 8. 6 percent interest with monthly payments of $2,100. How many years will it take the firm to pay off this debt?.
8.44 years will take the firm to pay off this debt.
What is debt?Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.
Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.
While both words refer to money owed, credit and debt are not synonymous. Debt is money owed, whereas credit is money borrowed.
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Write a program named find_stats. py. accept ints from user until the user enters a 0. then calculate mean, median and standard deviations of all entered values. display stats
The program described above which calculates mean, median and standard deviations of all entered values is given below.
What is a program?A program is a set of instructions that ensure that a predetermined or specific output is given by a computer.
The program labelled find_stas.py is given as follows:
# importing required libraries
import math
# creating a empty list named li
li = []
# iterate till while is true
while True:
# getting user input making it int and store it in inp
inp = int(input("Enter integer (0 to stop): "))
# checks if inp is equals to 0
if inp == 0:
# stop the loop
break
# append inp in li
li.append(inp)
n = len(li)
# calculating sum li using sum function then dividing by n and store it in mean
mean = sum(li) / n
# dividing n by 2 and store it in indexes
index = n // 2
# if n modulus n equals 2
if n % 2:
# sort the li and store the index position in median
median = sorted(li)[index]
# otherwise
else:
# store the result in media
median = sum(sorted(li)[index - 1:index + 1]) / 2
# declaring d variable with value 0
d = 0
# calculating variance and store it in variance
variance = sum((x - mean) ** 2 for x in li) / (n - d)
# standard deviation
sd = math.sqrt(variance)
# display the output with the value of mean, median and sd
print("Mean : {}\nStandard Deviation : {}\nMedian : {}".format(mean, median, sd))
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Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n) __________ director
Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n) inside director.
A director is a person on the company's board of directors who acts as the governing body of the organization. The board of directors, often elected by the company's shareholders, creates policy for the company as a whole and oversees leadership positions in the organization. They guide, advise and run the organization.
Board members are part of the governing body of the organization. Committed to the long-term interests of the organization, they meet regularly to oversee and direct operations, set policy, approve business decisions, evaluate operating performance, and carry out fiduciary responsibilities.
The board membership application process includes several steps. In most corporate boards, a nominating committee interviews candidates and decides who should join the board. Board members then vote on whether to elect the candidate selected by the nominating committee.
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Flask company reports net sales of $1,350 million; cost of goods sold of $1,150 million; net income of $230 million; and average total assets of $960 million. compute its total asset turnover.
Flask company reports net sales of $1,350 million; cost of goods sold of $1,150 million; net income of $230 million; and average total assets of $960 million. Its total asset turnover will be:-
Asset turnover is calculated by dividing net sales by average total assets.
Net sales - $1350 million
Average total assets - $960 million
Asset turnover - $1350 / $ 960 = $1.41
In this formula, average total assets includes current assets, long term assets and other assets. Net sales is revenue earned by company. Asset turnover is calculated to determine how much sales is earned by using the assets of the company.
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What is the biggest problem associated with using the product life cycle concept as a tool to guide marketing mix decision-making?
Successfully determining which stage of a product is in the life cycle is the biggest problem associated with using the product life cycle concept as a tool to guide marketing mix decision-making.
What is product life cycle concept?
The life cycle of a product is the time span between when it is first made accessible to consumers and when it is discontinued. The four phases of a product's life cycle are introduction, growth, maturation, and decline.
What are the marketing mix decisions?
Product, pricing, place, and promotion make up the marketing mix. The marketing mix is the collection of tactical marketing instruments that may be controlled and used by a business to elicit a specific response from its target market. It entails every action a business can take to affect consumer demand for its goods.
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While conducting a security self-assessment of his personal laptop use, vann realizes that he is putting himself at risk by _____.
While conducting a security self-assessment of his personal laptop use, Vann realizes that he is putting himself at risk by putting off installing available software updates that he has been notified about.
A self-assessment is a personal review performed to identify elements that can be improved or exploited to achieve certain predefined goals.
Self-assessment is the act of reading and evaluating oneself or one's actions: evaluation of oneself.
The reason for a self-assessment is to assist an individual to recognize the number of their skills and enhance them.
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Coffee beans are an input in the production of coffee. Coffee in turn is a complement to pie. an increase in the price of coffee beans can be expected to?
An increase in the price of coffee beans can be expected to increase the demand for pie.
So, in the market if the price of coffee beans increases, quantity demanded for coffee will decrease. As, the coffee in turn is a complement to pie the consumers using coffee will now shift themselves to pie, unless the price decreases for coffee. Thus, the demand for pie is expected to increase now.
Several events could lead to such a change, an increase in population , an increase in incomes, or an increase in the price likely to increase the quantity of coffee demanded at each price.
Hence, this represents the Law of Demand.
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Answer:
increase the demand for pie.
Explanation:
Items that groups of people use as money must be _____ to be acceptable mediums of exchange. Group of answer choices scarce, divisible, portable, and durable valuable, durable, compatible and scarce distributable, durable, comparable and valuable compatible, durable, universal, sortable portable, sortable, profitable, and divisible
Any sort of Items that groups of people use as money must be scarce, divisible, portable, & durable to be acceptable mediums of exchange.
What is a money?
This refers to the monetary unit that is designated by a government to serve as the basis of its currency system and into which other types of money in the country are convertible such as for comparison of standard of value.
The four function of money are:
as a medium of exchangea store of valuea unit of accountstandard of deferred payment.Hence, any sort of Items that groups of people use as money must be scarce, divisible, portable, & durable to be acceptable mediums of exchange.
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No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the first day of the meet.
No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.
What is district ?A district is a type of administrative division that is managed by the local government in some countries. Districts vary widely in size around the world, spanning regions or counties, numerous municipalities, subdivisions of municipalities, a school district, or a political district.
A district is defined as a region set apart or put together as a single distinct area for political or administrative purposes. A district is an area of a town that elects a single mayor who is shared by everyone in the area.
A district is a section of a country, city, or town designated by the government for official purposes.
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The ______ is an example of a black swan event.
a. 2008 global financial crisis
b. duty to file taxes
c. start of the academic year
d. annual flu season
The 2008 global financial crisis is an example of a black swan event .
What are black swan events ?
A black swan event is an extremely negative event or happening that is unexpected , which results in a decisively negative impact on the markets and is often hard to fully conceptualize in term of scope.
In relation to the financial markets, a black swan event is supremely negative ,leaving widespread destruction and notoriously uncertain outcomes.
In order to be characterized as a black swan event , the event must have drastically negative , widespread effect , be marked with a level of uncertainty ; and leads to the exhibition of " hindsight bias," being proven 'predictable'based solely on information learned in hindsight.
Global Financial Crisis of 2008
The trouble started after years of steady growth following the dot-com bubble at the turn of century. Employment rates were high , and inflation rates were low, lending institutions - and the country as a whole -fell into a pattern of financial complacency. Interest rates fell more than 4% from 2001 to 2008 and there was plenty of easy money available to both individuals and businesses.
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A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with a new machine costing $75,000, with a 5-year class life. The new machine will not increase sales, but will decrease operating costs by $16,000 per year. Simplified straight line depreciation is employed for both machines, and the marginal corporate tax rate is 34 percent. What is the initial outlay for the project?.
The initial outlay for the project after depreciation is loss of $26,700.
What is depreciation?Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.
Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.
Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.
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News that has been ""discounted"" by the market is reflected in the ________ portion of the total return
News that has been ""discounted"" by the market is reflected in the expected portion of the total return. Total return is the actual rate of return on an investment or pool of investments over a specified evaluation period and is used to measure performance. Interest, capital gains, dividends, and distributions that are realized over time are included in total return.
The two types of returns that are included in total return are income, which includes interest from fixed-income assets, distributions, or dividends, and capital appreciation, which represents the change in the asset's market price. The real rate of return on an investment.
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Which best describes the foundational assumptions of taylorism, also known as scientific management?
The foundational assumptions of Taylorism as a scientific management is best described as management of workers effectively and need to pay attention to psychological and social conditions, not just technical conditions.
What is taylorism in scientific management?The principle of Taylorism was developed by Frederick Taylor who desired to obtain the most efficient practices in the workforce as a mechanic manager.
The idea of Taylorism is scientific management process that involves dividing the specific tasks in a firm to allow employees to complete assignments as efficiently as possible.
Hence, the foundational assumptions of Taylorism as a scientific management is best described as management of workers effectively and need to pay attention to psychological and social conditions, not just technical conditions.
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In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts, agents?
In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts, agents "Consider only the past and ignore current information". (Option C)
What are adaptive expectations?An hypothesized process by which individuals construct their expectations about what will happen in the future based on what has already occurred is known as adaptive expectancies in the field of economics.
For instance, if someone wants to predict the rate of inflation in the future, they may look at historical inflation rates to deduce some trends, and the more years they take into account, the more accurate their prediction would be.
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Full Question:
In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts, agents?
A) Use both past and current information
B) Consider only current information and ignore the past
C) Consider only the past and ignore current information
The income approach is required by fannie mae for __________ properties, but not for ___________ properties
The income approach is required by Fannie Mae for 3 unit properties, but not for 1 unit properties.
Fannie Mae restricts the number of single family residences, that is 1 - 4 unit properties to a maximum of ten properties owned, when purchasing a second home or an investment property.
The number of allowed conventionally financed properties from 4 to 10 was increased by Fannie Mae. Thus, you may face some challenges that go along with the process of getting up to 10 conventional mortgages while you try qualifying for more.
Hence, by Fannie Mae, income approach is required for 3 unit properties, but not for 1 unit properties.
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What is the effect on the quantity of video games demanded if overall consumer income increases?
The quantity of video games increases if overall consumer income increases.
What is consumer income?Consumer income is the money that a consumer makes from employment or investment, such as dividends paid to shareholders by corporations and gains realized on the sale of an item, such as a house. When various income streams are added together, the result is known as aggregate income.When real consumer income rises, customers will purchase a higher quantity of regular economic items. In consumer choice theory, the income effect and substitution effect are related economic concepts. If a consumer's income rises and the company sells standard goods, the company's revenue will rise.As it is given in the description itself, when real consumer income rises, customers will purchase a higher quantity of regular economic items.
Therefore, the quantity of video games increases if overall consumer income increases.
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If the u.s. dollar depreciates in the foreign exchange market, american exports will _____ and american imports will _____.
If the u.s. dollar depreciates in the foreign exchange market, american exports will Increase and american imports will decrease.
What do you mean by foreign exchange market?The over-the-counter (OTC) foreign exchange market is where exchange rates for different currencies are decided. With a global network of financial centers operating around the clock, it is by far the biggest financial market in the world and only closes on the weekends.
A global decentralized or over-the-counter market for trading currencies is known as the foreign exchange market. For every currency, exchange rates are set by this market. It covers all facets of purchasing, selling, and exchanging currencies at established or current rates.
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A firm may opt to pay millions of dollars for celebrity endorsements in order to:_____
A firm may opt to pay millions of dollars for celebrity endorsements in order to signal to consumers that the advertised product is appealing and likely to be popular.
A consumer is defined as an individual or business that consumes or uses goods or services. A customer is a buyer in the economy who buys goods and services and can exist as a consumer or as a sole customer.
Consumers are sometimes contrasted with producers. For example, a company that manufactures toothpaste is a producer. And if you buy this toothpaste, you are a consumer. However, be aware that people often produce and consume the same item.
It is the producers and consumers who buy and sell. Producers create or produce goods and provide services, and consumers buy those goods and services with money. Most people are both producers and consumers.
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Nat gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its.
Nat gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its integrated market communication likewise a marketing strategy.
What Exactly Is a Marketing Plan?A company's overall plan for reaching out to potential customers and converting them into buyers of their goods or services is referred to as a marketing strategy. The value proposition of the business, critical brand messages, information on target customer demographics, and other important components are all included in a marketing plan.What is market communication?The messages and channels that marketers use to communicate with their target markets are referred to as marketing communications, or marcom. Traditional advertising, direct marketing, social marketing, presentations, and sponsorships are a few examples of marketing communications.Learn more about Marketing Plan here:
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According to mintzberg, managers in their informational role act as:________
a. nerve centers of the organization.
b. figureheads for the organization.
c. negotiators.
d. liaisons.
e. leaders.
According to the research, the correct option is c. According to mintzberg, managers in their informational role act as negotiators.
What is an informational role?According to the Canadian Henry Mintzberg in his theory of the 10 managerial roles that studies the behavior of managers and administrators of companies managers in their informational role exchange and process information.
The informational roles imply collecting, filtering the information acting as negotiators and giving it an importance weight that helps the performance of the organization or area in charge.
Therefore, we can conclude that according to the research, the correct option is c. According to mintzberg, managers in their informational role act as negotiators.
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If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from their ma plan. True or false?.
It is True that if a beneficiary is enrolled in a Medicare Advantage plan and they also sign up for a pdp plan, they will be automatically dropped from their Medicare Advantage (ma) plan.
Medicare Advantage (MA)
A Medicare Advantage plan is a type of health plan proposed by a private company that leases with Medicare to provide you with all your Medicare Parts A and B benefits. MA plans contain health maintenance organizations, selected provider organizations, personal fee-for-service plans, and Special Needs Plans.
Medicare Advantage PlansHealth Maintenance Organization (HMO) Plans.Preferred Provider Organization (PPO) Plans.Private Fee-for-Service (PFFS) Plans.Special Needs Plans (SNPs)Original Medicare contains Medicare Part A (Hospital Insurance) and Part B (Medical Insurance). You can bind a separate Medicare medicine plan to get Medicare medication coverage (Part D).
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Calculate fully diluted equity value using the information below: Current share price 5.50 Basic shares outstanding 1,000.0 Diluted WASO 995.0
The fully diluted equity value based on the information below is B. 5,472.5.
What is the fully diluted equity value?The fully diluted equity value is the weighted average shares outstanding (WASO) multiplied by the current share price.
The WASO represents the total number of common shares of a company outstanding after all possible sources of share conversion.
The sources of share conversion include convertible bonds and employee stock options.
The WASO can be used to compute the diluted earnings per share (DPS) by dividing the Earnings by WASO.
Data and Calculations:Current share price = $5.50
Basic shares outstanding = 1,000
Diluted WASO = 995.0
Fully diluted equity value = $5,472.5 (995.0 x $5.50)
Thus, the fully diluted equity value based on the information below is B. 5,472.5.
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Question Completion with Answer Options:A. 6,115.8
B. 5,472.5
C. 5,554.8
D. 6,940.8
Evaluating a product idea to determine its likelihood of success is technological forecasting. product evolution. product windowing. product screening. estimating
Evaluating a product idea to determine its likelihood of success is technological forecasting product screening. The stage of the new product development process known as idea screening comes after idea (or concept) generation. It is based on data from experience and market research and frequently involves the use of scoring models, checklists, or personal assessments.
Idea screening guarantees that the product development process satisfies both corporate goals and customer expectations for every firm. A crucial phase of developing a new product is idea screening. It's common for a new product idea to need to be screened before development can move forward.
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Gdp that has been adjusted for changes in the price level (inflation) is called?
Gdp that has been adjusted for changes in the price level (inflation) is called Real gross domestic product (real GDP)
A country's gross domestic product that has been accounted for inflation is known as real GDP. Compare this to nominal GDP, which calculates GDP using today's prices without taking inflation into account. Although the two indices track the same output, their applications—for changes in value versus changes in volume—are extremely different.
Real GDP gives a clearer insight of a country's rate of economic expansion. By using the GDP deflator to correct the data for inflation, you may determine how much economic output has increased (or decreased) independently of changes in prices.
A base year is chosen to account for inflation when calculating real GDP; the real GDP data record the quantities of products produced across time using prices from the same base year. Changes in volume rather than changes in value are reflected in the various real GDP numbers from different years.
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Infrastructure is the foundation necessary to build a city, tourism program, or a sustainable tourism business and includes which elements?
Infrastructure is the foundation necessary to build a city, tourism program, or sustainable tourism business and includes roads, Water, Sewage, Communication, and stores.
Infrastructure is the set of facilities and systems that serve a country, city, or another area, and encompasses the services and facilities necessary for its economy. The infrastructure of a country, society, or organization consists of basic facilities such as transportation, communications, power supplies, and building.
Basically speaking, infrastructure means "the fundamental facilities and systems that serve an area," although if you're referring strictly to construction, then it would be the beams, foundation, etc.
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Financial managers often shift temporary funds from checking accounts to _____ securities to earn higher interest returns. Group of answer choices operational strategic administrative marketable commercial
Financial managers often shift temporary funds from checking accounts to marketable securities to earn higher interest returns. Group of answer choices operational strategic administrative marketable commercial.
Security is a certificate or other financial instrument that has monetary value and can be traded. Securities are generally classified as either equity securities, such as stocks, and debt securities, such as bonds and debentures.
Stocks, bonds, preferred shares, and ETFs are among the most common examples of marketable securities.
Securities can be broadly categorized into debt securities, equity securities, derivatives.
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How would you describe the holding environment created by the school board? Do you think it was successful? Why or why not?
Holding environments are interpersonal or group-based relationships that enable self-reliant workers to manage situations that trigger potentially debilitating anxiety.
A “containment environment” is a safe and uncomfortable psychological space. Specifically, the holding environment is so uncomfortable that one cannot avoid problems (changes) but safe enough that one can experiment with new ways of being.
Maintaining an environment that provides appropriate adaptation challenges and support to employees, does not overwhelm employees and does not allow them to avoid difficult adjustment tasks.
The 'holding environment' begins with the therapist maintaining the therapeutic 'frame' in the treatment. In the simplest sense, this means that a therapist is a stable person you can trust. By maintaining the therapeutic 'frame', the therapist is always there.
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Individuals without health insurance have to pay more for comparable services because they do not have the advantage of sharing costs as part of a pool of consumers
a. True
b. False
Suppose the town enacts new antitrust laws that prohibit Rochelle and Alec from operating as a monopoly. How many gallons of water will be produced and sold once Rochelle and Alec reach a Nash equilibrium
New antitrust regulations are passed by the town that forbids Rochelle and Alec from holding a monopoly. Upon reaching a Nash equilibrium, which is 800, Rochelle and Alec will produce and sell gallons of water.
A market arrangement in which there is just one seller and only one type of goods available. As the only vendor of the goods with no viable alternatives, the seller in a monopoly market has no rivals.
A monopoly in economics is a single vendor. In terms of the law, a monopoly is a company that has a considerable amount of market power, or the ability to set excessively high prices, which is linked to a decline in societal surplus.
When one firm and its product control an entire sector of the economy, there is little to no competition, and customers are forced to buy particular products or services from one company.
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