When an investment yields a lower rate of return than a risk-free security, this is known as a negative risk premium.
What is risk premium?Risk is a factor in almost all investments to some extent. Due to the US Treasury Department's backing of US government securities, which still carry some resale risk, there is no default risk. This rate is therefore regarded as a risk-free rate of return on these investments.Investors who take on more risk typically expect a risk premium, or return above and beyond the risk-free rate. Any investment's risk premium is just the variation in return between the risk-free rate and the investment's return. Using historical data or forecasting future risk premiums, analysts can also study historical data using risk premium.To Learn more About risk premium refer to :
https://brainly.com/question/23969100
#SPJ4
for a new laptop computer, tatra software and hardware company has a unit contribution margin of $120 and a contribution margin ratio of 40%. what is the unit selling price?
The contribution margin ratio is calculated using the following formula: Contribution margin ratio: Unit contribution margin/ Unit selling price Here, the Contribution margin ratio = 40%, Unit contribution margin = $120, Therefore,40% = $120/ Unit selling price. Unit selling price: $120 /40% Or, Unit selling price = $300
The donation periphery rate is the difference between a company's deals and variable charges, expressed as a chance. The total periphery generated by a reality represents the total earnings available to pay for fixed charges and induce a profit. When used on an individual unit trade, the rate expresses the proportion of profit generated on that specific trade.
The donation periphery should be fairly high since it must be sufficient to also cover fixed charges and executive outflow. Also, the measure is useful for determining whether to allow a lower price in special pricing situations.
Learn more about contribution margin ratio here: https://brainly.com/question/24039258
#SPJ4
all of the following strategies may encourage participative management except: select one: a. task delegation. b. parallel suggestion involvement. c. job involvement. d. theory x management.
Except for theory X management, any of the following tactics may promote participatory management.
People who adhere to Theory X detest their jobs, lack ambition, and shun accountability. This presumption leads managers to drive their workforce using a rigorous "carrot and stick" strategy that rewards superior performance and penalizes subpar performance.
The significance of increased oversight, outside rewards, and outside sanctions is explained by Theory X. When it comes to inspiring others, Theory X takes an authoritarian stance. This strategy makes several important assumptions, one of which is that the typical employee despises their job and will do everything to escape it.
The second tenet of theory X is that in order to motivate individuals to contribute to corporate objectives, they must be intimidated or coerced.
To learn more about theory X
https://brainly.com/question/28437440
#SPJ4
dew drop inn had net revenue of $117,000 in 2020 and $100,000 in 2021. its fixed assets were $400,000 at the end of 2019, $380,000 at the end of 2020, and $360,000 at the end of 2021. in which year was the fixed asset turnover ratio better? multiple choice question. 2021, because the ratio was lower. 2021, because the ratio was higher. 2020, because the ratio was lower. 2020, because the ratio was higher.
The year with the better fixed asset turnover ratio was 2020.
The fixed asset turnover ratio is calculated as:
= Revenue / Fixed assets For 2020 it was:
= 117,000 / 380,000 = 47%
In 2021 it was: = 100,000 / 360,000 = 28%
How to calculate fixed asset turnover ratio?
The efficiency with which a business may use its long-term fixed asset base (PP&E) to produce income is gauged by the fixed asset turnover ratio.
Like the total asset turnover ratio, the fixed asset turnover ratio measures how effectively a corporation uses its assets (and producing sales).
The difference is that only long-term fixed assets, such as property, plant, and equipment (PP&E), are included in the fixed asset turnover ratio formula as opposed to both current and non-current assets.
To know more about fixed asset turnover ratio, refer:
brainly.com/question/6955012
#SPJ4
to recognize the use of and benefit received from long-lived assets, such as equipment, during the accounting period, expense should be recorded. a. accumulated depreciation b. interest c. depreciation d. supplies
To recognize the use of and benefit received from long-lived assets, such as equipment, during the accounting period depreciation expense should be recorded.
Accounting is the process of recording, classifying, and summarizing financial expense to provide information that is useful in making business decisions. The three main functions of accounting are financial reporting, recordkeeping, and tax preparation.
Assets are items of value that a company owns or controls. Equity is the ownership interest that shareholders have in a company.
hence, the correct option is (C) Depreciation.
To know more about accounting, click here.
https://brainly.com/question/13310721
#SPJ4
if a buyer mistakenly believes that a competitor's offering has higher level attributes or qualities than it actually does, the salesperson should attempt to:
If a buyer mistakenly believes that a competitor's offering has higher-level attributes the salesperson should attempt to alter the buyer's beliefs about the competitor's offering by providing accurate information.
A salesperson or saleswoman is a person whose responsibility it is to sell goods or services within a specific territory, in a physical location, or over the phone.
salesperson represent their businesses by doing the following: adding value for their clients' clients. Relationship management. relaying market and customer data back to their organizations.
The cost base of your product lines must be managed by you as the buyer in order to maintain the business's target margins. To create new ranges, you spend a lot of time communicating with suppliers. analytical customers Logic and knowledge serve as these consumers' driving forces.
Pleasant buyers. Stability and cooperation are what drive this group of consumers.
Learn more about salesperson here :
https://brainly.com/question/11758407
#SPJ4
bryce earned the trust and respect of his employees by consistently modeling the kinds of behaviors that he expects from them. what type of power does bryce possess?
“Leadership demonstrating and promoting 'normatively appropriate conduct through personal actions and interpersonal relations'” is the definition of ethical leadership.
This really means that putting people in management and leadership positions who will promote is the definition of ethical leadership.
What kind of power is there in each person, regardless of where they sit in an organization?personal power The individual is the source of personal power, regardless of the position they hold. position power resides in the position, no matter who holds it. power is the potential for a single individual or group to exert control over another individual or group.
Learn more about leadership here:
https://brainly.com/question/25927714
#SPJ4
marie values the complete protection of her new smartphone more than the $50 per month it would cost her to purchase a comprehensive insurance plan. what should she do?
The complete security of Marie's new smartphone is more important to her than the $50 monthly premium she would have to pay for a comprehensive insurance plan. She should get the plan because it will benefit her more than it will cost.
What does insurance mean?Whether it be for their life, their home, or their car, the majority of individuals have some sort of insurance. But most of us never stop to think about what insurance is or how it works. Simply put, insurance is a contract that is represented by a policy, under which a policyholder receives financial security or compensation from an insurance company in the event of losses.
The company shares the risks of its clients in order to make payments to the insured more bearable. Insurance policies are used to guard against potential financial losses, both big and small, that may be caused by damage to the insured or their property or by liability for damage or injury to a third party.
Learn more about insurance with the help of the given link:
brainly.com/question/2835356
#SPJ4
a 6000-seat theater has tickets for sale at s24 and s40. how many tickets should be sold at each price for a sellout pertormance to generate a totalrevenue of $166,400?
For a sellout performance, 1800 and 4200 tickets must be sold at each price in order to earn a total revenue of $166,400.
What is revenue?The amount of money generated by regular business operations is known as revenue, and it is calculated by dividing the quantity of units sold by the average selling price. Revenue is also referred to as sales on the income statement.
Calculation:
Given:
The cost of tickets is $24 and $40.
Let x represent the total number of tickets sold at the $24 price.
Let y represent the total number of tickets sold at the $40 price.
There are a total of 6000 seats in the theater.
Hence,
x + y = 6000 (equation 1)
$166,400 is the entire amount of money that must be made.
24x + 40y = $166,400 (equation 2)
Now, if we multiply equation 1 by 40, we obtain:
40x + 40y = 240,000 (equation 3)
Now, we obtain by deducting equation 2 from equation 3:(40x + 40y = $240,000) - (24x + 40y = $166,400)
16x = $73,600
x = 73,600/16
x = 4,600
Now, we obtain by changing the value of x in equation 1:
x + y = 6,000
4,600 + y = 6,000
y = 6,000 - 4,600
y= 1,400
As a result, 1800 out of a total of 4200 tickets were sold.
Learn more about revenue with the help of the given link:
brainly.com/question/13383966
#SPJ4
productivity at the wisconsin branch of big box manufacturing has decreased significantly over the last twelve months. aaron, the branch manager, researches the problem and finds that many employees are spending significant time on social media while at work. he wants to construct a report for the company's leadership team, using the deductive approach. how should aaron structure the report?
Using the deductive method Aaron can structure the report in the following way:
state the primary message; layout supporting reasons; conclude with a call to action
A logical strategy used in deductive reasoning is moving from broad concepts to specific conclusions. Inductive thinking, which starts with specific observations and draws broader conclusions, is sometimes contrasted with deductive reasoning. Deductive logic and top-down reasoning are other names for deductive reasoning.
In deductive writing, a claim, thesis, or hypothesis is presented in the opening phrases or paragraphs, and then the writer utilizes the following paragraphs to explain, challenge, or expand the claim, thesis, or hypothesis. research that tests hypotheses rather than producing them (inductive).
Read more about the deductive method at
https://brainly.com/question/14313572?referrer=searchResults
#SPJ4
define and explain activity-based costing (abc) systems. what benefits does implementation of an abc system bring to the company?
The implementation of an ABC Costing gadget provides you increased manipulate of your organization's costs.
This methodology develops tracing and allocation fashions that pick out the allocation of costs related to each undertaking with precision as properly as how they have an effect on your company's profitability.
What are the benefits of activity-based costing ABC?Activity-based costing provides a more correct approach of product/service costing, main to greater accurate pricing decisions. It will increase appreciation of overheads and fee drivers; and makes high-priced and non-value adding things to do more visible, permitting managers to minimize or remove them.
Learn more about activity based costing here:
https://brainly.com/question/6654166#SPJ4if income increases from $20,000 to $30,000 and $1,000 of the new income is saved (but a total of $6,000 of the $30,000 is saved), then the mpc is .
The MPC is 0.1 if income rises from $20,000 to $30,000 and $1,000 of the additional income are saved (although a total of $6,000 of the additional $30,000 is saved).
Describe marginal propensity to consume.The marginal propensity to consume (MPC) is the portion of a customer's overall wage rise that they choose to spend on products and services rather than save. The marginal propensity to consume is a notion found in Keynesian macroeconomic theory.
It is calculated by dividing the change in consumption by the change in income. MPC is represented by a consumption line, which is a sloped line created by graphing the change in income along the horizontal "x" axis and the change in consumption along the vertical "y" axis.
Calculation:
The marginal propensity to consume can be calculated as the ratio of the change in consumption with respect to the change in income.
[tex]MPC=\frac{delta C}{delta Y}[/tex]
Substituting the values in the formula:
[tex]MPC=\frac{1,000}{30,000-20,000} \\MPC=\frac{1,000}{10,000}\\ MPC=0.1[/tex]
Learn more about MPC with the help of the given link:
brainly.com/question/14272618
#SPJ4
jared runs a personal training studio, earning $5,000 last month. his fixed costs are $4,000, and his variable costs are $3,500. should jared shut down his business immediately?
No, Jared should not should down the business immediately because he earns $5,000 which covers his fixed costs
A variable cost is an ongoing expense whose value varies depending on variables like output and sales income. Labor, raw materials, and distribution costs are examples of variable costs. Businesses with high variable costs, like consulting contracts, have lower margins than other businesses, but they also have lower break-even points.
Despite the month's losses, Jared shouldn't instantly close his company. The fixed costs for the month can still be covered by earnings, and there is still a great chance that it will recover in the upcoming periods. Possible causes of the aforementioned losses include the matching principle in recognition of income. Jared should continue to forego managing the company.
Learn more about costs:
https://brainly.com/question/15135554
#SPJ4
g which of the following controls will most likely prevent the concealment of a cash shortage resulting from the improper write-off of a trade account receivable? group of answer choices write-offs must be approved by a responsible officer after review of credit department recommendations and supporting evidence. write-offs must be supported by an aging schedule showing that only receivables overdue several months have been written off. write-offs must be approved by the cashier who is in a position to know if the receivables have, in fact, been collected. write-offs must be authorized by company field sales employees who are in a position to determine the financial standing of the customers.
Before approving write-offs, a responsible officer must first take into account the suggestions of the finance department and any pertinent facts.
A write-off is a legal accounting method that deducts funds from a liabilities account while also reducing the value of an asset. When seeking to account for unmet loan obligations, missing receivables, or loss on held items, businesses most often utilize it in the strictest sense.
Expenses incurred when running a business can be subtracted from profits utilizing business tax write-offs, which will ultimately reduce your tax liability. The precise calculation and recording of corporation tax write-offs will result from careful income tax planning and regular recordkeeping.
Learn more about write-off at
https://brainly.com/question/14552093?referrer=searchResults
#SPJ4
as a result of a thorough physical inventory, colt company determined that it had inventory worth $320,000 at december 31, 2020. this count did not take into consideration the following facts: walker consignment company currently has goods worth $47,000 on its sales floor that belong to colt but are being sold on consignment by walker. the selling price of these goods is $75,000. colt purchased $22,000 of goods that were shipped on december 27, fob destination, that is expected to be received by colt on january 3. determine the correct amount of inventory that colt should report.
c. $322,000 in inventory
Fright in refers to the buyer's shipping costs when purchasing the goods. These are included in the cost of purchasing inventory. On the other hand, the cost that the seller must pay to deliver the goods is called freight out. This is included in the cost of selling the goods.
Goods on Consignment 52,000 Adjusted Cost of Ending Inventory 322,000 Ending Inventory 270,000
When a product is sold, freight-in costs will be deducted from the cost of goods sold and capitalized into inventory as part of the production process. The cost of shipping finished goods to a distributor or retailer is called freight-in. Freight-out is a selling expense that is deducted when it is incurred.
Learn more about Freight in and Freight Out here:
https://brainly.com/question/28122348
#SPJ4
sweeney pies has issued a zero-coupon 11-year bond that can be converted into 10 sweeney shares. comparable straight bonds are yielding 9%. sweeney stock is priced at $63 a share. (assume a face value of $1,000 and semi-annual compounding.) a. suppose that you had to make a now-or-never decision on whether to convert or to stay with the bond. which would you do? multiple choice convert the bond stay with the bond b. if the convertible bond is priced at $475, how much are investors paying for the option to buy sweeney shares? (do not round intermediate calculations. round your answer to 2 decimal places.) c. if, after one year, the value of the conversion option is unchanged, what is the value of the convertible bond? (do not round intermediate calculations. round your answer to 2 decimal places.)
$510.88 is the value of the convertible bond.
a). Current price of the zero coupon bond = par value/(1+9%)^11 = 387.53
If a bond is converted then the converted value is the number of shares upon conversion*current share price = 10*63 = 630
Gain, if converted = 630-387.53 = $242.47
The decision should be to convert the bond.
b). Fair price of the bond = 387.53
Bond price = 476
Value of the option to buy the shares = 476-387.53 = $88.47
c). Fair price of the bond after one year = 1,000/(1+9%)^10 = 422.41
Value of convertible bond = fair price + value of conversion option = 422.41 + 88.47 = $510.88.
A convertible bond is a fixed-income commercial debt security that yields interest payments but can be converted into a destined number of common stock or equity shares. The conversion from the bond to stock can be done at certain times during the bond's life and is generally at the discretion of the bondholder.
Learn more about convertible bonds here: https://brainly.com/question/15183992
#SPJ4
on june 1, parson association sold equipment to arleo and agreed to accept a 3-month, $50,000, 10% interest-bearing note in payment at a time when the prevailing rate of interest for similar transactions was 10%. when the note was collected upon maturity, parson would recognize interest revenue of:
Interest Revenue will be $1250 when the note was collected upon maturity.
what is Interest Revenue?
The income that an organisation receives from whatever investments it makes or on the debt it holds is known as interest revenue. A business must record interest income under the accrual basis of accounting even if it has not yet received payment in cash for the interest as long as it has earned the interest; this is done through an accrual journal entry. Interest revenue is only recorded on the cash basis of accounting when the firm receives a cash payment for interest.
According to the question
As market interest rate and note interest rate are the same
Interest Revenue=(50,000 x 10%) x (3/12)
=$1250
Thus the interest revenue is $1250
Learn more about interest revenue from the link below
https://brainly.com/question/28319315
#SPJ4
walmart has posted a job description for an open position focused on the following responsibilities: managing the merchandising of new products in the appropriate store areas; selecting appropriate shelving and display materials throughout the store; identifying needed store repairs. which type of organizational resource will this job manage?
Walmart has posted a job description for an open position focused on the following responsibilities, the physical type of organizational resource will this job manages.
responsibilities is the quality of being answerable, accountable, or in charge of something that is under one's management. Environmental, compliance, and customer service responsibilities are just a few of the obligations that all business owners must fulfill.
You are expected to carry out a responsibility. A task you are required to complete could be a responsibility. For instance, your parents anticipate that you will brush your teeth. a piece ofJob, particularly a specific task completed as part of one's daily routine at work or for a predetermined fee: He was given the task of mowing the lawn by her. an editorial position, whether full- or part-time: She was looking for employment. Jobs: Producers, Thinkers, Builders, Improvers, and
Learn more about responsibilities here :
https://brainly.com/question/28903029
#SPJ4
what do graphs of marginal product of labor and average product of labor when the curve is a straight line
Initially when the graphs of the Average product of labor and Marginal product of labor are straight lines which shows that both the Average and Marginal product increase with the increase in labor.
Marginal product is the additional output that is generated by an additional worker. With a second worker, production increases by 5, and with the third worker, it increases by 6. When these workers are added, the marginal product increases.
The MP curve initially increases, reaches its maximum, and then declines. the AP curve also shows a similar trend as the MP. It rises, reaches its maximum, and then falls. At the point where AP reaches its maximum, AP = MP.
The law of diminishing marginal returns states that as successive amounts of the variable input, i.e., labor, are added to a fixed amount of other resources, i.e., capital, in the production process the marginal contribution of the additional variable resource will eventually decline. As the marginal product begins to fall but remains positive, the total product continues to increase but at a decreasing rate. As long as the marginal product of a worker is greater than the average product, computed by taking the total product divided by the number of workers, the average product will rise.
For more questions like Marginal Product click the link below:
https://brainly.com/question/15400721
#SPJ4
a project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholder's priorities. a negative impact is known as a(n) , while a positive impact is known as a(n) . a. issue, benefit b. issue, opportunity c. threat, opportunity
The process of identifying, evaluating, and controlling risks to your company's financial stability is referred to as risk management.
What is Risk management ?That description is based on the core idea that a company will consider all potential problem areas, consider the best remedies for a difficult situation, and then put measures in place to help keep that risk as as minimal as possible. It also entails resolving a challenging circumstance when it occurs. In order to help entrepreneurs and company executives succeed, this guide will go into the instances and clarify the risk management approaches employed.
For each firm and circumstance, the risk management process can take on a varied appearance. For every new product and strategy, some firms have entire teams devoted to enterprise risk management, with a concentrate on strategic risk, risk assessment, risk profiles, financial planning, and risk planning.
Risk management in the corporate sector is crucial. It's crucial for your success whether you run a huge corporation with a comprehensive risk management procedure and strategic risk management division or a small business with only you and your own internal risk analysis. Your overarching goal should be to make your business as secure as you can, ready for the possibility of a technological, physical, or financial issue.
Learn more about Risk management:
https://brainly.com/question/13760012
#SPJ4
which of the following is not a financial budget? a. budgeted income statement. b. production budget. c. budgeted balance sheet. d. cash budget.
Option C. budgeted balance sheet is not a financial budget system in the given list of budget system.
Budget:
Budget refers an estimate of how much money you'll make and spend over a certain period of time, such as a month or year.
Given,
Her we have the list of budget system.
Now, we need o identify which one is not a financial budget.
In order to find the non financial budget, we must know the definition of financial budget,
Financial budget states that the process of calculating how much money you will earn during a particular period of time, and planning how much you will spend, save, and borrow.
According to this definition, we have identified that the budgeted balance sheet is not a financial budget.
To know more about budget here.
https://brainly.com/question/15683430
#SPJ4
If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?.
She is using non-revolving credit if a consumer is making monthly payments of $250 to pay off a car loan.
Non-revolving credit is a type of credit that includes loans like student loans, personal loans, and mortgages that you repay in one single payment. In contrast to revolving debt, you are not continuously adding to the debt's original balance. You are no longer obligated to the creditor once the loan is repaid.
Non-revolving credit often has a fixed payback schedule and lower interest rates because it is typically used for a particular purpose, like a college or car loan.
With non-revolving credit, you might have more purchasing power because you can be approved for larger sums of money based on your credit score and other variables.
For more questions like Non-revolving credit click the link below:
https://brainly.com/question/14326153
#SPJ4
jp morgan chase co. (jpm) has earnings per share of $3.35 and a p/e ratio of 11.42. what is the price of the stock? (round your answer to 2 decimal places.)
P/E ratio = (market value per share) / (Earnings per share)
11.42 = (market value per share) / 3.35
Market value per share = 11.42*3.35 = 38.257
Price of stock = 38.257
P/E =11.42
E = $3.35
P=$3.35*11.42
price of the stock, P= $38.257
In finance, stock (additionally capital stock) consists of the stocks of which possession of an enterprise or enterprise is split.[1] (mainly in American English, the word "stocks" is likewise used to refer to stocks.)[1][2] An unmarried proportion of the stock approach fractional possession of the agency in share to the entire quantity of shares. This commonly entitles the shareholder (stockholder) to that fraction of the company's income, proceeds from the liquidation of belongings (after discharge of all senior claims along with secured and unsecured debt),[3] or voting strength, frequently dividing these up in proportion to the quantity of cash each stockholder has invested. Now not all inventory is necessarily the same, as sure instructions of stock may be issued for instance without balloting rights, with more suitable voting rights, or with a sure precedence to obtain profits or liquidation proceeds before or after other classes of shareholders.
Learn more about stock here
https://brainly.com/question/25818989
#SPJ4
explain how marty would select a sample of sales transactions as well as vouch the sales transactions. what primary assertion is marty testing with the vouching procedure?
Depending on the item sold through different transactions, Okawa Inc.'s sales transactions range in value from a few dollars to millions of dollars.
From the aforementioned scenario, it would seem that Marty is in charge of auditing Okawa Inc.'s sales transactions. Okawa Inc.'s line of work includes supplying the mining industry with a variety of makes and models of standard handing tools.
⇒ Marty can use the following techniques to compile information about the sales transactions:
Step 1: Verify and perform reconciliations for any differences, if any,
between the sales as reported in the ledger and the sales book.
Step 2: Look into any reconciling items that may exist.
Step 3: Check to see if the stated accounts receivable balance and the
general ledger balance match up because this has a direct
impact on sales.
Step 4: Select a sample of the sales transactions that were entered into
the sales book to check the accuracy and legitimacy of the
transactions.
Step 5: Get a list of supporting documents, such as invoices, purchase
orders, receipts, delivery notes for goods, etc. for each of these
samples that you have chosen.
Step 6: Examine any reported sales returns for credit memos that were
issued during the appropriate timeframe, etc.
Step 7: Carry out analytical procedures over an extended period of time
to confirm that sales have been consistent with those of prior
years.
Step 8: Send customer confirmations to check the accuracy of any
amounts that have not yet been received in full.
Step 9: Conduct a reverse audit using samples of invoices, delivery
notes, and other documents to check whether they were
correctly entered into the sales book or sales ledger.
Learn more about Sales, here
https://brainly.com/question/17186983
#SPJ4
Complete question:
Marty has to audit the sales transactions of Okawa Inc. Okawa supplies tools to the mining industry and carries a large number of different makes and models of standard mining tools. Okawa also designs and manufactures tools for special purposes and for miners operating in difficult conditions. The custom-designed tools are made only on the signing of a contract and receipt of a deposit, whereas standard tools are supplied to regular customers on receipt of a phone or email order. Okawa's sales transactions vary from a few dollars to millions of dollars depending on the number of items sold, whether the individual items are large or small tools, and whether the tools are standard items or custom designed.
Marty is instructed to gather evidence about the sales transactions using sampling and vouching. This is explained in detail in the audit program.
Required
a. Explain how Marty would select a sample of sales transactions as well as vouch the sales transactions. What primary assertion is Marty testing with the vouching procedure?
b. How could Marty use ADA as a substantive procedure?
aqua marine corporation purchases a patent at a cost of $120,000 on june 30, 2020. the company estimates the useful life of the patent to be 10 years. the journal entry to record amortization for the 6-month period ended december 31, 2020, includes a
You debit the amortization expense account and credit the intangible asset for the amount of the annual amortization expense when recording it. A debit appears on one side of an accounting record.
A debit raises the balances of assets and expenses while lowering the balances of revenue, net worth, and liabilities.
Cost of patent = $120000
Valuable life = 10 years
Amortization cost = cost of patent/valuable life
= $120000/10 years
= $12000
Amortization cost for quite some time = $12000*6/12 = $6000
Diary passage:
Charge for amortization from Dr to Patent account Cr is $6,000$6000 (Six-month amortization expense has been recorded)
How does depreciation differ from amortization expense?Depreciation is the asset's loss in value over time, while amortization is the method used to reduce the asset's cost over time. This knowledge aids in better comprehending the purchase's financial implications and saves time, effort, and money.
Learn more about amortization expense here:
https://brainly.com/question/25530648
#SPJ4
The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.
If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.
What is a customer service technique?
A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.
What are three important technique of customer service?
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.
You can find out more about customer service on the link below:-
https://brainly.com/question/4110146
#SPJ13
Answer:
The collection of interactions a company has with a customer who has already purchased a product is
called
✔ customer service
.
When dealing with customers face-to-face, a good customer service technique is
to
✔ maintain eye contact
.
When speaking with customers over the phone, it is important to be aware of
✔ tone of voice
because it can change the meaning of what is said.
Actually got it right.
Have a good one!
A rectangular storage container with an open top is to have a volume of 20 m3. The length of its base is three times the width. Material for the base costs $5 per square meter. Material for the sides cost $9 per square meter. Find the cost of materials for the cheapest such container.
We can conclude that the cheapest cost of such container is $481.40.
A cost is expressed in the price of money that is used to produce something or deliver a service, and hence is not available for use anymore.
To find the cost of materials, we should determine the amount of volume with this formula:
V = LWH
L = 2W
where V = volume, L = lenght
so, V = 2WWH
V = 2W²H
The value of the volume is 20 m³, then plug it in the formula below:
V = 2W²H
20 = 2W²H
10 = W²H
H = [tex]\frac{10}{W^{2} }[/tex] .........................................(1)
Thus, we determine the surface area using this formula:
A = Base + 2 x Sides1 + 2 x sides 2
To determine the cost, we have this function
C = 10 x Base + 6 x (2 x Sides1 + 2 x sides 2)
C = 10 x LW + 6 x (2 x WH + 2 x LH) ........................(2)
Because of L = 2W, then substitute it to the equation-2 below
C = 10 x 2WW + 6 x (2 x WH + 2 x 2WH)
C = 10 x 2W² + 6 x (2WH + 4WH)
C = 20W² + 6 x (6WH)
C = 20W² + 36WH ..................(3)
Therefore, we substitute equation-1 to equation 3
C = 20W² + 36WH
C = 20W² + 36W[tex](\frac{10}{W^{2} } )[/tex]
C = 20W² + [tex]\frac{360}{W}[/tex] .........(4)
After that, determine Differentiate equation-4,
C' = 40 W - [tex]\frac{360}{W^{2} }[/tex]
Set it to 0:
40 W - [tex]\frac{360}{W^{2} }[/tex] = 0
40 W = [tex]\frac{360}{W^{2} }[/tex]
divide both rights and left sides with 40
W = [tex]\frac{90}{W^{2} }[/tex]
W³ = 90
W = 4.48
After we find the value of W, then we substitute it for equation-4
C = 20W² + [tex]\frac{360}{W}[/tex]
C = 20 (4.48)² + [tex]\frac{360}{4.48}[/tex]
C = 401.4 + 80.36
C = 481.40
Learn more about the cheapest cost at https://brainly.com/question/13884039
#SPJ4
which of the following statements is correct regarding a work sheet and the adjustment process? multiple choice question. adjusting journal entries are prepared from the adjusted trial balance columns. adjusting journal entries are journalized in the work sheet. after keying adjustments in the work sheet, it is not necessary to journalize the adjustments in a journal. adjusting journal entries are prepared from the adjustments columns of a work sheet.
Adjusting journal entries are prepared from the adjustments columns of a work sheet statements is correct regarding a work sheet and the adjustment process.
journal entries is the process of changing one's behavior to establish a positive rapport with one's surroundings. According to Santrock, adjustment is a constant process through which a person seeks to alter his surroundings or alters his own behavior in response to the requirement for adaptability. Amount adjustment in economics is the process by which a market excess results in a reduction in the quantity supplied or a market shortfall results in an increase in the quantity supplied.
To learn more about journal entries, click here.
https://brainly.com/question/20421012
#SPJ4
has her age listed on her driver's license as being three years younger than it actually is. this is also how old she tells her insurance company she is. her insurance company has discovered she lied about her age. what provision of her life insurance contract states that her benefits will be what her premium would have bought if she had been truthful about her age?
Misstatement of age is the provision of her life insurance contract which states that her benefits will be what her premium would have bought if she had been truthful about her age.
A life insurance policy is a contract with an insurance company. In exchange for regular payments, the company agrees to pay a lump sum to your beneficiaries if you die. The idea is to help your loved ones cover expenses like funeral costs and everyday living expenses if you're no longer around to provide for them.
It is important to make sure you understand the contract before you sign on the dotted line - there's no point in having life insurance if your beneficiaries won't actually receive the death benefit.
To know more about Insurance, click here.
https://brainly.com/question/27822778
#SPJ4
true or false: service retailers, which sell services rather than merchandise, are a small and shrinking retail sector.
The statement is False. Service retailers, which sell services rather than merchandise, are a small and shrinking retail sector.
Product merchandising is the exercise of intentional merchandising, displaying, and selling of products for your keep. A massive part of this is visual merchandising—the manner of making plans, designing, and displaying products to focus on their features and benefits.
Merchandising, broadly speaking, refers to any entity that engages in selling a product. Beneath this definition, there are forms of vending groups, specifically retail and wholesale. Shops sell their merchandise immediately to purchasers, while wholesalers buy from manufacturers and sell to outlets.
Vending is the practice and system of displaying and selling products to clients. Whether or not virtual or in-shop, retailers use vending to steer customer motives and attain their sales goals.
Learn more about merchandise here https://brainly.com/question/15349407
#SPJ4
if a firm finds the demand for one of its products is inelastic, it can increase its total revenues by
Due to the direct relationship between price and revenue for inelastic items, raising the price of these goods will raise the company's revenue.
The total revenue rises as a result of the higher price and constant quantity required for an inelastic commodity when the price is raised and the demand does not change. Price increases do, however, often result in a modest decline in quantity sought.
A one percent change in price for an inelastic good causes a less than one percent change in the quantity demanded. Total revenue will increase when an inelastic good's price is raised, while total revenue will decrease when its price is lowered.
to know more about inelastic visit
https://brainly.com/question/28192591
#SPJ4
