Lenovo: Understanding Customers and Building Profitable Relationships Lenovo is a brand that has widely differentiated and has not depended upon a solitary class of items or administrations for its extension. The key for Lenovo has been to furnish the business sector with a wide mixed bag of technology driven products to satisfy their separate aspirations. This development has been focused around a broad research and investigation of approaching needs of its clients and distinguishing a need even before it exists, which makes an unedifying dependability and dependence among clients and customers. It has offered machines, and continually enhanced them at consistent interims, and wandered into working frameworks, and giving changes on them consistently keeping the pace alongside the business sector. Lenovo's marketers spend a great deal of time thinking about customers and their buying behavior. The company highly values the input of its customers and tracks it accordingly. By listening and communicating constantly with their customers and taking into consideration their input when it comes to product development and improvement, Lenovo has been successful in building emotional relationships with its customers. For example, some customers may want a unique experience characterized by pleasant interpersonal contact, trendy products, and expertise about food. They may desire an experience that encourages them to explore. Other customers may want to gather staples as efficiently as possible with minimal human contact. Lenovo set up its own discussion forums and actively asked customers to share their ideas, experiences, and tips with Lenovo's product, design, and development teams. By doing so, Lenovo was able to better connect with its customers and provide even better customer service. The company has positively shaped and influenced customers' perceptions of Lenovo's brand personality by trying to listen to them and
find the longest interval on which marginal revenue exceeds marginal cost. (hint: sketch the graphs of mr and mc on the same set of axes.)
Beginning accounts receivable is $20,000, and ending accounts receivable is $15,000. As a result, cash collected from customers is ______ than sales on account.
Beginning accounts receivable is $20,000, and ending accounts receivable is $15,000. As a result, cash collected from customers is less than sales on account.
Accounts Receivable refers to the money that a company is owed by its customers for goods or services that have been sold but not yet paid for. It is an asset account that represents the amount of money that the company expects to receive from its customers in the near future. This money is considered a short-term asset because it is expected to be collected within a year.
Accounts Receivable is an important component of a company's balance sheet and is used to track and manage the company's customer transactions. Companies typically use invoicing and billing to keep track of the amounts owed by their customers and to follow up on overdue payments. They also use various methods, such as credit checks and customer credit limits, to minimize the risk of non-payment.
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You own Company X. When you started the company, you initially invested $12,000. You also borrowed $12,000 through a five-year (long-term) loan, of which you have paid back $2,018. You have retained $1,291 in earnings to be reinvested in the company, and you decided to put $1,000 of it aside for a long-term investment. The company owns land and a building worth $8,878 and equipment worth $4,230. As of today, the company has $8,250 in cash, $1,225 in inventory, and is due to receive accounts worth $675. However, the company owes its suppliers $485 and has a $500 loan to pay off in the next six months.
The current asset is $10,150, the total long term asset is $13108, the total current liabilities is $985, the long term liabilities is $9982 and the total equity is $12273
What is the net worth of the companyThe current assets of the company include $8,250 in cash, $1,225 in inventory, and $675 in accounts receivable, which total $10,150.
The current liabilities of the company include $485 owed to suppliers and a $500 loan to be paid off in the next six months, which total $985.
The owner's equity is equal to the initial investment of $12,000 plus the amount retained from earnings of $1,291, minus the amount paid back on the long-term loan of $2,018, plus the amount put aside for long-term investment of $1,000, which total $12,273.
The net worth of the company is the sum of the owner's equity and the value of the company's assets (land, building, and equipment), which is $12,273 + $8,878 + $4,230 = $25,381.
a.
The current assets of the company are:
$8,250 in cash$1,225 in inventory$675 in accounts receivableThe current assets total $10,150.
b.
The long-term assets of the company are:
Land and building worth $8,878Equipment worth $4,230The total long-term assets of the company are $8,878 + $4,230 = $13,108.
c.
The current liabilities of the company are:
$485 owed to suppliers$500 loan to be paid off in the next six monthsThe total current liabilities of the company are $485 + $500 = $985.
d.
The long-term liability of the company is the five-year loan of $12,000, of which $2,018 has been paid back, leaving a remaining balance of $12,000 - $2,018 = $9,982.
e.
The total equity of Company X is $12,000 (initial investment) + $1,291 (retained earnings) - $2,018 (repaid long-term loan) + $1,000 (long-term investment) = $12,273.
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Which of the following regulatory authorities participated in creating the National Do Not Call Registry? - FTC - SEC - NAIC - BBB FTC (The Federal Trade Commission) - and the Federal Communications Commission (FCC) created the National Do Not Call Registry, allowing consumers to include their telephone numbers on the list to which solicitation calls cannot be made by telemarketers
The regulatory authorities that participated in creating the national do not call registry is The Federal Communications Commission. The National Do Not Call Registry generally can be defined as a tool that will help ensure that telemarketers respect the privacy of our nation's citizens.
The Federal Communications Commission generally can be defined as an independent agency of the United States federal government that regulates communications. There are several media that regulated by The Federal Communications Commission, there are radio, television, wire, satellite, and cable across the United States. The main function of The Federal Communications Commission is to oversee and regulate these industries.
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The demand curve is P = 300-25QD
Draw the demand curve and label it.
The supply curve is P = 200 + 25Qg-
Draw the supply curve and label it.
Draw a point at the equilibrium price and equilibrium quantity.
>>> Make your curves intersect the y-axis.
300-
200-
100-
Price
2
Quantity
>>> Draw only the objects specified in the question.
Answer:The supply curve is P = 300 + 100S. Draw the supply curve and label it. Draw a point at the equilibrium price and equilibrium quantity. Make your curves
Explanation:
TBS 5- Research You are preparing the tax return for your client, Monte Carlo. Included in his workpapers is Form 1099-C, Cancellation of Debt. Monte explained that due to the poor economy, he has been struggling to make ends meet. In lieu of filing for bankruptcy and because he was not insolvent, he was able to negotiate a settlement with his creditors last year, reducing his debt by $25,000. Monte is not sure if this should be included as income on his tax return. Which section of the Internal Revenue Code best defines the items that constitute gross income?
There are mainly three ways through which a debtor may get the benefit of cancellation of debt either through direct negotiation or through a "Debt relief program" or by filling bankruptcy
The cancellation of debt is recorded using the form 1099-C,and it's reported as an income to be the debtor.
The Gross incomes are defined under Section 61 of the Internal Revenue Code (IRC 61,U.S.C.§61), The gross income is considered to be the starting point for deciding which item of income are taxable for federal income tax purpose.
As per the rules if the income is $600 (from cancellation of debt) or more then the person is required to file the same for Federal tax with the IRS.
The Overall purpose of cancellation of debt is to provide a relief to the distressed debtor, however there are some exception which are not considered as cancellation of debt::
1. Debt cancelled as gift of inheritence
2. Some qualified student loan that meet specific criteria
3. Other education or relief programs that help provide health services
4. Cancelled debt that would be deductible if an individual as a cash basis taxpayer, paid it.
5. A qualified purchase price reduction on a property provided by the seller
6. Pay-For-Performance Success payments that reduce the principal balance of a mortgage under the Home Affordable Modification Program and
7. Amounts of student loans discharged upon the death or disability of the student.
Thus as in our case, our client Monte Carlo needs to report the amount ($25000) as an income from the cancellation of debt using Schedule 1 of form 1040 as other income.
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which of the following is false about unilever at the beginning of the case? group of answer choices there are good reasons to believe that macroeconomic factors in the northeast of the country are favorable unilever offers both premium and economy brands in the detergent category. p
A) There are good reasons to believe that macroeconomic factors in the northeast of the country are favorable is false about Unilever at the beginning of the case.(a)
The statement that Unilever offers both premium and economy brands in the detergent category is false. Unilever offers a range of premium and economy detergent brands, but they focus on premium brands.
The company generally sells its premium brands at a higher price point than the economy brands. This is to ensure that the company maintains its position as a premium brand in the market.
The company also uses a variety of marketing techniques to promote its premium brands and ensure that customers are aware of their benefits. Unilever also invests heavily in research and development to ensure that its products are of the highest quality.
This helps to maintain its reputation as a premium brand and allows it to charge higher prices for its products.
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lebron james skipped college to become a professional basketball player. we can deduce from this that lebron james skipped college to become a professional basketball player. we can deduce from this that lebron james did not make a rational choice. lebron james does not understand the value of a college education. lebron james probably could not get into college. the opportunity cost of lebron james attending college was very high.
We can deduce from this that D: "the opportunity cost of "LeBron James" attending college was very high".
Opportunity cost refers to the cost of an alternative that must be forgone in order to pursue a certain action or decision. In LeBron James' case, the opportunity cost of attending college was very high because he had the chance to turn professional and play in the NBA right away, which would have been a once-in-a-lifetime opportunity. By choosing to pursue a professional basketball career instead of attending college, LeBron James had to forego the benefits of a college education, such as the acquisition of new knowledge, networking opportunities, and potential long-term earning potential.
However, the potential earnings and benefits of a successful professional basketball career likely outweighed the opportunity cost of not attending college.
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Suppose that a new machine tool having a useful life of only one year costs $80,000. Suppose, also, that the net additional revenue resulting from buying this tool is expected to be S100.000. The expected rate of return on this tool is Select one: a. 20 percent b. 25 percent c. 75 percent. d. 10 percent.
The expected rate of return on this tool is 25 percent.
The expected rate of return on this tool is 25 percent. This is calculated by taking the net additional revenue resulting from the purchase of the tool ($100,000) and dividing it by the cost of the tool ($80,000).
This works out to $100,000 / $80,000 = 1.25, which can be expressed as a percentage (25%) as the value of 1.25 is equivalent to 25%.The return rate is a measure of the performance of an investment and can be used to compare the performance of different investments.
The rate of return is important as it provides an indication of the expected return on investment and allows investors to make informed decisions about how to allocate their resources.
In this case, the expected return rate of 25% is attractive, given the relatively low cost of the tool and the potential for significant additional revenue.
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between the years 2020 and 2060, the non-hispanic white portion of the u.s. population is expected to O double
O Increase
O remain unchanged
O decrease
Between the years 2020 and 2060, the non-hispanic white portion of the u.s. population is expected to decrease.
What is the cause of a decrease in population in the white race in USA?
There is no single cause for a decrease in the white population in the US. Some factors that may contribute to this include: aging of the population, lower birth rates, and migration to other countries or regions.
Additionally, changes in social attitudes and practices, such as increased acceptance of interracial relationships and declining stigma against mixed-race families, may also play a role.
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think about the different groups who are associated with college basketball and football at your school. in addition to the student athletes, there are the coaches, student fans, and others who are spectators at the games. using conflict theory, consider the costs, resources, and rewards that are involved with college basketball and football. write your answers to the following questions:
As a result, refute the null hypothesis and come to the conclusion that the two groups of basketball players' college preparations differ from one another.
The test statistic is within the safe range with a value of 10.57 and a Z result of 1.70, refuting the null hypothesis that there are differences between the two groups of basketball players' college preparedness. What are the alternatives to the null hypothesis? The alternative and null hypotheses are strictly incompatible generalizations about the population. H0 stands for the alternative hypothesis, whereas H1 represents the null hypothesis. The query is unfinished. Please see the accompanying image for a comprehensive explanation of the question. Thus, the null hypothesis that there are differences in the two groups of basketball players' college preparation is refuted by the test statistic, which is within the safe range with a value of 10.57 and Z result of 1.70.
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Changes in notes payables are included in the blank section of the accounting statement of cash flows.
Changes in notes payable are included in the financing section of the accounting statement of cash flows.
The long-term liabilities known as notes payable can be used to show the financiers how much money a company owes them. Because they indicate a source or use of cash in financing a company's operations, changes in notes payable are included in the financing section of the accounting statement of cash flows.
All transactions that affect a company's long-term debt, such as the issuance or repayment of loans or other kinds of credit, are included in the finance section of the statement of cash flows. Changes in financing and therefore cash position is reported in the financing part of the statement of cash flows whenever a firm incurs a new note payable or repays an existing note payable.
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Which 2 statements about Location tracking in QuickBooks Online are true?
The Location can be added to a Bill Payment
The Location can be filtered on the Receive payment screen
The Location can be filtered on the Pay bills screen
The Location can be selected on each row of an invoice
The Location can be selected on each row of a journal entry
The statements about Location tracking in QuickBooks Online are true are The Location can be selected on each row of a journal entry and The Location can be filtered on the Pay bills screen. Thus, option 2nd and 5th are correct.
What can the location tracking feature do?There are a few examples of how location sharing applications and features benefit our daily lives: Assist you in tracking down and recovering lost or stolen smart gadgets. When you phone 911, you are giving emergency responders your location. Allow you to avoid traffic.
The assertions concerning QuickBooks Online's location tracking are correct. On each row of a journal entry, the Location may be selected, and the Location can be filtered on the Pay bills screen. As a result, options 2nd and 5th are accurate.
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substance form over form is an accounting principle used to ensure financial statements give a complete, relevant, and accurate picture of transactions and events. substance over form is critical for reliable financial reporting. it is particularly relevant in cases of revenue recognition, sale, and purchase agreements.
In accounting terms, the substance over form principle states that transactions should be recorded based on their economic substance, and not just their legal form.
Substance over form is an important accounting principle that ensures the financial statements give a true and fair view of a company's transactions and events.
Let's take an example to understand the concept of substance over form. Let's say a company enters into a contract to sell goods for $100, but due to a financial constraint, the company agrees to receive payment in installments over a period of time.
The revenue from this transaction should be recognized as soon as the goods are sold, even though the payment has not yet been received in full.
The principle is used to prevent companies from using accounting tricks to manipulate their financial statements and give a misleading picture of their financial performance. This is why it is critical to adhere to the principle of substance over form when preparing financial statements and recognizing revenue.
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Which of the following are three approaches that strategic leaders rely on to formulate and implement strategy?
strategic planning
strategy as planned emergence
scenario planning
Three approaches that strategic leaders rely on to formulate and implement strategy are Strategic planning, strategy as planned emergence, and scenario planning.
What is strategic planning?Strategic planning is the process through which an organization's executives outline their vision for the future and determine the aims and objectives of their company.
The process involves determining the order in which those objectives should be achieved so that the organization may achieve its stated vision.
Strategic planning, strategy as planned emergence, and scenario planning are three methodologies used by strategic leaders to develop and implement strategies.
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Edna, who runs a flower shop, sells Jim a shotgun. Jim is unemployed, and Edna has never before sold a firearm in her life. Which of the following is true?
a. Article 2 of the UCC applies because Edna is a merchant.
b. Article 2 of the UCC applies because a shotgun is a personal property.
c. Article 2 of the UCC does not apply because Edna is not a merchant with respect to shotguns.
d. Article 2 of the UCC does not apply because Jim is not a merchant.
Due to the fact that Edna is not a merchant in relation to shotguns, Article 2 of the UCC doesn't really apply.
What do the UCC's Articles 2 and 2A mean?Section 2 of the UCC addresses the sale of goods. Both sale and goods have precise definitions. In Article 2A of the UCC, the topic of renting goods is covered. The UCC acknowledges that the terms "lease" as well as "finance leases" have different meanings.
What is the main topic of Article 2?The Executive Branch as well as the positions of the Vice President and the President are described in Article II. It establishes criteria for the President's election (via the Electoral College), qualification (must be a citizen by birth and at least 35 years old), as well as term limits.
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on january 5, 2021, arby incorporated, paid $100,000 for a 30% interest in hafton corporation. this investee had assets with a book value of $550,000 and liabilities of $300,000. a patent held by hafton having a book value of $10,000 was actually worth $40,000 with a six-year remaining life. any goodwill associated with this acquisition is considered to have an indefinite life. during 2021, hafton reported net income of $50,000 and paid dividends of $20,000 while in 2022 it reported net income of $75,000 and dividends of $30,000. assume arby has the ability to significantly influence the operations of hafton. arby's equity earnings from hafton for 2021, is
For 2021, Arby's equity earnings from Hafton would be determined as follows: Determine Arby's portion of Hafton's net profits first: $50,000 multiplied by Arby's ownership interest of 30% results in $15,000, After that, deduct the dividends from Hafton: Arby's net income of $15,000 less the dividends she received of $20,000 is a net loss of $5,000.
The part of Hafton's net income that is attributable to Arby's ownership interest is referred to as Arby's equity earnings from Hafton. For Arby to calculate the return on its investment in Hafton and assess the performance of its investment over time, this information is crucial. Arby effectively became a stakeholder in Hafton on January 5, 2021, when it acquired a 30% stake in the company. As a result, it is now eligible to receive a share of Hafton's dividends and net profits. Arby can fully understand its return on investment because the equity earnings computation includes both net income and dividends earned.
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as the payroll manager for a particular company, your task is to complete the following weekly payroll record. the company pays overtime for all hours worked over 40 at the rate of time-and-a-half. round to the nearest cent when necessary. note: do not round the hourly overtime rate before finding the amount of overtime pay.
The company's total weekly salary is $754.98.
What are the total hours worked for the week?The number of hours worked in excess of the standard 40 hours per week—or, in other words, the overtime—is 47 total hours: (47-40)=7 hours
Overtime rate=regular hour pay*1.5
regular hour pay=$14.95
overtime rate=$14.95*1.5
overtime rate=$22.425
overtime pay for 7 hours=7*$22.425
overtime pay for 7 hours=$156.98
40 hours of regular time multiplied by the hourly rate of regular pay equals regular compensation.
regular pay=$14.95*40
regular pay=$598.00
total pay=regular pay+overtime
total pay=$598.00+$156.98
total pay=$754.98
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True or False, under a decentralized management style, more control is given to those managers who are closest to the business operations of the foreign subsidiaries.
Under a decentralized management style, more control is given to those managers who are closest to the business operations of the foreign subsidiaries. The given statement is true.
What are the benefits of a decentralized management structure?Increased expertise within each division, quicker decision-making, better time management at the top management levels, and increased division manager motivation are all benefits of decentralized organizations.
In a decentralized management structure, managers who are closest to the foreign subsidiaries' operational business processes are given more authority.
Thus, the mentioned above-given statement is true.
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management accounting, as defined by the ima, uses the expertise of the management accountant to multiple choice implement an organization's strategy. implement a tactic of customer value and shareholder value. improve quality and reduce manufacturing cost. improve business performance and the life cycle of operations.
Management accounting plays a crucial role in helping organizations achieve their goals by using accounting expertise to improve business performance, reduce costs, and increase customer and shareholder value.
Management accounting is a crucial aspect of business operations that involves using accounting principles and techniques to help managers make informed decisions that drive organizational success.
One key aspect of management accounting is cost analysis. Cost analysis involves examining the costs associated with producing a product or providing a service, and then using this information to determine the most efficient and cost-effective ways to produce and deliver the product or service.
Another important aspect of management accounting is budgeting and forecasting. Budgeting involves setting financial targets and determining how much money will be needed to achieve these targets.
Forecasting involves predicting future financial performance based on past trends and current information.
These two processes help managers make informed decisions about how to allocate resources and make investments that will improve the organization's bottom line.
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to become licensed as a nonresident producer in this state, a producer must do which of the following?
To become licensed as a non-resident producer in this state, a producer must maintain the required levels of capital and surplus.
What is capital?Anything that provides value or benefit to its owners, such as a factory and its equipment, intellectual property like patents, or the financial assets of a company or an individual, can be referred to as capital.
While money in and of itself can be considered capital, the term capital is typically used to refer to money that is being used for investments or productive purposes. To run a business day-to-day and finance its future expansion, capital is, in general, a crucial element.
Businesses of all stripes typically concentrate on three types of capital when developing budgets: working capital, equity capital, and debt capital. Trading capital is a fourth component, according to a company in the financial sector.
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Genetic analysis of a large population of mink inhabiting an island in Michigan revealed an unusual number of loci where one allele was fixed. Which of the following is the most probable explanation for this genetic homogeneity?
-The population exhibited nonrandom mating, producing a high proportion of homozygous genotypes.
-A very small number of mink may have colonized this island, and this founder effect and subsequent genetic drift could have fixed many alleles.
-The gene pool of this population experienced high gene flow.
-Natural selection has not had enough time to produce substantial genetic variation.
-The colonizing population may have had much more genetic diversity, but very recent genetic drift may have fixed these alleles by chance.
The most likely reason for with this genetic homogeneity is as follows: The following reaction and consequent genetic drift may have fixed numerous alleles on this island because very few mink might well have colonized there.
Explain the term genetic homogeneity?An omogenous population is one in which all of the individuals essentially share the same genetic makeup as a result of specific asexual reproductive techniques. Because they are genetically similar to one another and to their parents, the children born through asexual reproduction are homogenous.For the stated question:
An unusually high proportion of locations where first allele was fixed was discovered through genetic research of a sizable population of mink living on an island in Michigan.
The most likely reason for with this genetic homogeneity is as follows:
The following reaction and consequent genetic drift may have fixed numerous alleles on this island because very few mink might well have colonized there.
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Which statement best illustrates the effect of the Freedmen's Bureau during reconstruction in South Carolina? It effectively provided food, supplies, and medical care to thousands of people in South Carolina despite the many difficulties that it faced.
The right response is Option 4: Thousands of individuals in South Carolina received effective food, supplies, and medical attention from them despite the many challenges the organization encountered.
What impact did the freedmen's bureau have?Congress approves the act establishing the agency for aid to freedmen and refugees in March 1865. These were with the purpose of providing both shelter and food. They also manage land and offer medical services. This benefited newly freed African Americans and displaced Southerners.
The Freedmen's Bureau provided food for millions of people during its years of operation, built hospitals, offered medical assistance, arranged employment contracts for former slaves, and arbitrated labor disputes. It also assisted ex-slaves in finding missing relatives and obtaining licenses for marriage.
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Correct Question:
Which statement best illustrates the effect of the Freedmen's Bureau during Reconstruction in South Carolina?
1. It was able to enact policies that allowed African Americans to achieve political, economic, and social equality in spite of opposition.
2. It successfully provided thousands of loans to freedmen in South Carolina, allowing these individuals to become economically independent by purchasing their own land.
3. Its policies brought about the successful conclusion of Reconstruction in South Carolina much quicker than if it had not existed.
4. It effectively provided food, supplies, and medical care to thousands of people in South Carolina despite the many difficulties that it faced.
Profit maximization may not lead to the highest possible share price because (check all correct)
[]customers will get upset.
[]Profits do not necessarily result in cash flows available to stockholders. There is a difference in accounting values and cash flows.
[]Timing is important—the receipt of funds sooner rather than later is preferred. Time is money!
[]Profit maximization fails to account for risk – extremely profitable opportunities may be too risky.
The Answer specifies that options B), C), and D) are accurate.
How do profit and loss work?A loss and profit statement is a type of financial report that details how much money your company has made and spent over a certain period of time. The term comes from the fact that it also displays if you earned a profit or loss during that period. A P&L or a financial statements are other names for a profits and losses statement.
What are revenue vs. profit?Profit refers to net income after subtracting expenditures from earnings, whereas revenue refers to income gained via company activities. Sales, fee-based revenue, and property-based income are just a few of the several ways that money might come in.
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The Complete Question :
Profit maximization may not lead to the highest possible share price because (check all correct)
A. customers will get upset.
B. Profits do not necessarily result in cash flows available to stockholders. There is a difference in accounting values and cash flows.
C. Timing is important—the receipt of funds sooner rather than later is preferred. Time is money!
D. Profit maximization fails to account for risk – extremely profitable opportunities may be too risky.
A regional fast food chain called Platters is interested in opening a restaurant in a new market. The company plans to hire the services of a firm to collect the data needed to expand into the new market. In such a scenario, which of the following firm's services would it hire? a. A marketing research firm to conduct surveys to understand the potential market b. An advertising agency to create innovative ads c. A consultant to create message strategies and message themes d. Media organizations for placing ads in broadcast and print media to create awareness for the restaurant
A marketing research firm to conduct surveys to understand the potential market. So option a is correct.
Market research, often known as marketing research, refers to a variety of strategies used to gather data and comprehend a company's target market. Businesses utilise this data to create better products, enhance the user experience, and create marketing plans that generate high-quality leads and increase conversion rates.
Making note of the most current data released on a certain topic after doing an online search on it is an example of market research.
Quantitative research is the best option to gauge opinions. Qualitative research is the greatest option if you want a thorough grasp of perceptions that show conscious, or even unconscious, ways people think about and arrive at conclusions about a subject.
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A ______ is the clear, broad, underlying industry category or market sector of an organization's offering.Business
A business is clear, broad, underlying industry category or the market sector of organization's offering.
What is market sector?The market sector, a component of the economy, typically consists of several industries. One market sector could include two industries. In order to organize firm stocks that are trading in direct rivalry with one another, the major stock markets throughout the world as well as the majority of its smaller ones, are divided into market sectors. The term "market sector" is used to describe the type of issuer, such as a company, utility, government, or state, when discussing the bond markets. In marketing, market segments are portions of the mass market that can be particularly targeted by advertising campaigns. For instance, a large research firm's analyst might just focus on companies that manufacture medical devices, pharmaceuticals, and biotechnology, or the healthcare industry as a whole.
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logan company manufactures cell phones and laptop computers in a single plant. which of the following statements is true assuming cell phones as the cost object? answer the cost of wages paid to plant maintence workers is an indirect manufacturing cost. the cost of plant insurance is a direct manufacturing cost. the cost of wages paid to the cell phone assembly-line workers is an indirect manufacturing cost. the cost of metal used to make the cell phones is an indirect materials cost.
The following option that is true assuming cell phones as the cost object is D. the cost of wages paid to plant maintenance workers is an indirect manufacturing cost.
In economic and business, A cost object generally can be defined as a term used primarily in cost accounting to describe something to which costs are assigned. There are several examples of cost objects, such as product lines, geographic territories, customers, departments or anything else for which management would like to quantify cost. In the financial accounting, cost object represent that any part of a business for which costs are being separately assigned, measured, accumulated and monitored.
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Thomson Trucking has $24 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 7.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.
If Thomson Trucking has $24 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 7.25%. Its times-interest-earned (TIE) ratio is; 9.96.
How to find the times-interest-earned (TIE) ratio?The formula for calculating this is:
Interest Expense = Taxable Income x Tax Rate
Taxable Income can be calculated as:
Taxable Income = Assets x ROA
So, substituting the values:
Taxable Income = $24 billion x 7.25% = $1.74 billion
Interest Expense = $1.74 billion x 25% = $435 million
Next, the TIE ratio can be calculated as:
TIE Ratio = Earnings Before Interest and Taxes (EBIT) / Interest Expense
EBIT can be calculated as:
EBIT = Assets x BEP
So, substituting the values:
EBIT = $24 billion x 18% = $4.32 billion
TIE Ratio = $4.32 billion / $435 million = 9.96
Therefore Thomson Trucking's TIE ratio is 9.96.
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in china, which of the following would not be a resource in the production of rice? A.fertile B.land C.money D.labor E.capital equipment
The Money following would not be a resource in the production of rice. Land, water, labor, fertilizer, chemicals, and seed were identified as the key inputs used in the production of rice in the research area.
What are resources?All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability:
In terms of food sources, rice is a renewable resource. Although there is a limit to how much rice can be grown on Earth, it is theoretically conceivable to keep growing rice in a specific location again, meaning that a rice field can continue to provide food indefinitely.
Therefore, Thus option (C) is correct.
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The term data warehousing is used to refer to the process of doing all of the following, except the data. Mining Storing Capturing Maintaining
The term data warehousing is used to refer to the process of doing all of the following, except the data Mining. Hence, option A is correct.
What is data mining?Finding anomalies, trends, and correlations within huge data sets in order to forecast outcomes is known as data mining. You may use this information to lower risks, improve customer connections, raise profits, and more by employing a variety of strategies.
Data mining is the act of examining large amounts of data to look for patterns, identify trends, and develop understanding on how to use the data. These results can then be used by data miners to anticipate outcomes or make judgments.
Thus, option A is correct.
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