Answer:budgeted balance sheet
Explanation:
Budgeted balance sheet.
Operating budgets comprise every budget, such as those for sales, production, all forms of expenses, and revenue, but do not include balance sheets for the budgets.
what is Revenue?
Revenue is the cash that a firm generates via its operations. Depending on the accounting technique used, there are several ways to compute revenue. Sales made on credit will be included as revenue for products or services provided to the client under accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made.
The cash flow statement must be examined in order to determine how well a business collects debts. Contrarily, cash accounting only counts sales as income when money has been exchanged. A "receipt" is a record of money given to a business. Even without income, receipts are conceivable.
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When merchandise sold is assumed to be in the order in which the purchases were made, the company is using.
The company is using the FIFO method. To ensure correct inventory records, one of the foremost common strategies is first in first out (first-in, first-out), which assumes the oldest inventory was sold 1st and therefore the worth is calculated consequently.
The first in first out methodology is employed for price flow assumption functions. In producing, as things achieve later development stages and as finished inventory things area unit sold, the associated prices therewith product should be recognized as an expense.
The batch process, first in first out in its strictest sense is tough to take care of in instruction execution. If you're moving or processing your elements in boxes or batches, then it'll be tough to take care of a first in first out among box.
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What are the 4 loan types?.
The basic types of loan are home loan, property loan, insurance policy loan, and gold loan.
What is a loan?A loan is the act of one or more people, businesses, or other entities lending money to other people, businesses, or other entities. The recipient takes on a debt and is often responsible for paying interest on that loan until it is repaid in addition to the main amount borrowed.
When money is provided to someone else with the understanding that it would be returned along with interest, this is referred to as a loan. Before evaluating whether or not to extend credit to a potential borrower, lenders will take into account their income, credit history, and level of debt.
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TRUE/FALSE. for just-in-time (jit) to be successful, manufacturers have to have the cooperation of their suppliers
The adage "suppliers must cooperate for manufacturers to succeed with just-in-time (jit) manufacturing" is TRUE.
What is just-in-time inventory?Just-in-time inventory management, or JIT, refers to the practice of placing orders with suppliers only when things are actually required.
The main objectives of this strategy are to increase inventory turnover and reduce the cost of maintaining inventory.
For manufacturers to succeed with just-in-time (jit) manufacturing, suppliers must cooperate.
Due to this, when an auto assembly plant needs to install airbags, it does not have stock on hand; rather, it purchases them as the cars are put together.
Although there are some potential risks, especially for smaller businesses, JIT manufacturing processes typically lead to shorter cycle times, quicker times to market, and lower operational costs for businesses.
Therefore, the adage "suppliers must cooperate for manufacturers to succeed with just-in-time (jit) manufacturing" is TRUE.
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Schlitterbahn Waterslide Company issued 30,000, 10-year, 8 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 Record the issuance of 30,000 bonds at face value for $100 each. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Schlitterbahn Waterslide Company issued 30,000, 10-year, 8 percent, $100 bonds on January 1 at face value. Interest is payable each December 31 Record the interest payment on December 31, 2013 Note: Enter debits before credits. Date General Journal Debit Credit December 31
1) Submissions for the issuing of 30,000 bonds by the Schlitterbahn Waterslide Company, each with a face value of $100:
January 1
Dr. Cash 3,000,000
Cr Bond Payable $3,000,000
(to record the issuing of 30,000 shares at $100 per share)
Bond price x Number of bonds issued = 100 x 30,000 = $3,000,000 is the formula for calculating the cash reception from the bond issuance equal to Bond Payable.
2) Entries for the interest payment on Schlitterbahn Waterslide Company's 30,000 bonds on December 31, 2013, assuming no adjustment entries were made to account for interest costs accrued in 2013.
Dr. expenses for interest of 240,000
Cr Cash 240,000
(to document bond interest costs incurred in 2013)
The following formula is used to determine the interest costs for the 42,000 bond issued in 2013: Bond's face value times interest rate times quantity is 8% * 30,000, or $240,000.
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an office building is rented at $25psf, gross with operating expenses at $10psf. net income therefore is $15psf. if the purchase price is $250psf the going in cash-on-cash return is 6.0%. prepare a sensitivity analysis showing the cash-on-cash returns by changing the rental rate and operating expenses. 1. prepare the analysis showing variations $1psf changes in both variable for two adjustments in each direction (increased or decreased)
A sensitivity analysis is a tool used to determine how different variables will affect a project. In this case, the analyst is looking at how changes in rental rates and operating expenses will affect the cash-on-cash return for an office building.
In the given question,
Purchase price = $250 per square foot
Gross rental rate = $25 per square foot
Operating expenses = $10 per square foot
Net income = $15 per square foot
Cash-on-cash return = 6.0%
Assuming that the purchase price of the office building is $250 per square foot, the gross rental rate is $25 per square foot, and the operating expenses are $10 per square foot, the net income would be $15 per square foot. The cash-on-cash return would be 6.0%.
If the rental rate were to increase by $1 per square foot, the gross rental income would increase by $1 per square foot, and the net income would increase by $1 per square foot. The cash-on-cash return would increase to 6.4%
If the rental rate were to decrease by $1 per square foot, the gross rental income would decrease by $1 per square foot, and the net income would decrease by $1 per square foot. The cash-on-cash return would decrease to 5.69%
If the operating expenses were to increase by $1 per square foot, the gross rental income would remain the same, but the net income would decrease by $1 per square foot. The cash-on-cash return would decrease to 5.8%
If the operating expenses were to decrease by $1 per square foot, the gross rental income would remain the same, but the net income would increase by $1 per square foot. The cash-on-cash return would increase to 6.2%
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if the consumer price index begins to increase dramatically, which of the following is likely true? the output gap is positive and near the peak. the output gap is positive and near the trough. there is no output gap and the economy is growing. the output gap is negative and near the peak. the output gap is negative and near the trough.
The output gap is positive and near the peak.
Why does a positive output gap indicate something is doing well?Actual output that exceeds full capacity results in a positive output gap. This occurs when there is a significant increase in demand, which forces businesses to run well over their most productive levels in order to keep up with the demand.An output gap that is positive indicates that the economy's capacity prevents it from operating at its current level without generating serious economic harm, making the current level of activity unsustainable over the long term.In the case of a zero output gap, actual and potential output are both equal. The goal would be to have a healthy economy where potential and actual output both increase equally and the output gap stays at zero.To learn more about positive output gap refer to
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situation will likely give rise to diminishing marginal product of labor? which situation will likely give rise to diminishing marginal product of labor? nevaeh's kitchen undertakes a massive expansion, doubling both the size of its kitchen and number of cooks.
The situation will likely give rise to diminishing marginal product of labor is Hell's Kitchen, which has enough counter space for three cooks per shift,
What is marginal product? The marginal product of the firm is the additional output that is created as a result of the additional input invested in the firm. This is also called the marginal product .Marginal product, also called physical marginal product, is the change in total output when one additional unit of input is added to output. In other words, it measures how many additional units are produced by adding one unit of inputs such as materials, labor, and overhead. The marginal product formula calculates this ratio by dividing the total change in output by the total change in a given input. In other words, MP is equal to the slope of the total product curve plotted against a given type of input on one axis and the amount of output on the other axis.The complete question is situation will likely give rise to diminishing marginal product of labor?
a. plasma television manufacturer are going out of business because of increased competition from LCD televisions
b. hell's kitchen which was enough counterspace for three cooks per shift ,decides to hier aforth cook per shift
c. Hell's Kitchen, which has enough counter space for three cooks per shift
d. a landscaping firm replaces all of its self propelled lawnmowers with push mowers.
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the nurse is teaching a student about the differences between physiologic versus pathologic hyperbilirubinemia. which statement by the student indicates a need for further education?
the nurse is coaching a pupil approximately the variations between physiologic as opposed to pathologic hyperbilirubinemia. which declaration via the student suggests a need for similar training - Pathologic hyperbilirubinemia.
A student is someone enrolled in a school or different educational group. in the UK and most commonwealth nations, a "pupil" attends a secondary faculty or higher; the ones in number one or standard faculties are "students".success college students take benefit of greater credit opportunities while supplied. They demonstrate that they care about their grades and are willing to work to improve them. They often do the optional (and often challenging) assignments that many college students keep away from. a hit college students are attentive in class.
A student is a person who is enrolled in a diploma-granting program (both undergraduate or graduate) at a group of better learning and registered full-time according to the definition of his/her respective educational organization, and who isn't always hired full-time. Have the competence to do what they ought to. trust that they are able to do what they set out to do. experience that they are able to deal with, one manner or some other, what is placed earlier than them. realize that they are able to get what they need with a purpose to do what they have to.
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What are 3 advantages of a loan?.
A loan is when someone receives money from a bank, a friend, or another financial institution with the promise to pay it back later along with interest. Getting a loan has a number of benefits.
A few advantages of taking out a loan are:
Flexibility: As long as payments are made on time and on schedule, a bank loan can be repaid at the borrower's leisure. Cost Effectiveness: In terms of interest rates, bank loans are typically less expensive than overdraft and credit card options.Profit Retention: You must distribute earnings to shareholders when raising capital through equity. With a bank loan, you are not required to split profits with the bank.Tax benefit: When a loan is taken out for business purposes, the government allows the interest that is due to be deducted from taxes.
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Preston wants to be his own boss and is considering starting a business. He has to decide which form of business organization to adopt and will most likely consider all of the following except
a. the cost of legal formalities
b. publicity and public relations
c. the various types of liability to which owners are subject
d. tax issues
Option B is the correct answer. To start the business advertising and doing publicity for public relations should be his second priority.
In order to start a new business for Preston, he will have to manage and organize his business environment starting with the fundamentals. He will have to fill up and tackle the cost of legal formalities, He will have to take care of the various liabilities the owners are subjected to and should handle the tax issues.
Publicity and Public relations are an important aspects of a business to grow, but establishing the fundamentals right and forming a firm base for the business is rather important in order to start a new business.
Hence, Option B is correct.
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what type of influence tactic are you engaging in when you buy a particular brand of shoes because the majority of your peers have done the same?
The type of influence tactic are you engaging in when you buy a particular brand of shoes because the majority of your peers have done the same is Social proof.
What is social proof?
You are using social proof as an influence strategy when you choose a particular brand of shoes since most of your peers have made the same choice.
Social proof is a psychological phenomenon where people believe that other people are acting properly since that behavior would be right in that situation. Fundamentally, it is the notion that I ought to imitate others if they are doing something.
The remarks of your current customers who have used your products and services are referred to as "user social proof."
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What is ironic about Hamlet not killing Claudius?.
The ironic about Hamlet not killing Claudius is that the Claudius was not praying genuinely.
Hamlet was thinking to kill his uncle, at the sacred place while he is praying. so, the The ironic about Hamlet not killing Claudius is that the Claudius was not praying genuinely. he is just performing the act of praying and he is vey far away from the prayer. and the hamlet did not know about that. the hamlet is always thought about the aftermath. this was the hamlet's problem. when hamlet approaches to Claudius he was inclined to kil him. but the excessive thinking prevent him to do that.
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as with other assets, the cost of a bond investment includes all costs related to the purchase. true false
A bond investment's cost includes all associated expenses, just like other assets. Gains are realised when bond investment sales generate more money than the bonds' carrying value. The cost technique is used to account for an equity investment in less than 20% of the stock of another company.
Do bonds count as assets?
Financial assets include, among other things, cash, investments in stocks, bonds, mutual funds, and bank deposits. Financial assets do not always have an intrinsic physical value or even a physical form, unlike real estate, commodities, or other tangible physical assets.
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An organic valley advertisement for a new protein shake features a young woman on the go. It prominently displays the protein grams per serving on the label, suggesting that this shake is the quick and easy solution to a healthy, morning meal. Which type of appeal is this ad using?.
Rational type of appeal is this ad using.
What is advertising appeals?Various tactics and strategies are employed in advertising appeals to entice consumers. To persuade the target audience to buy a certain good or service, advertising appeals frequently offer proof or provoke an emotional response.
The seven main forms of advertising appeals—musical, sexual, humorous, fearful, emotional, rational, and scarcity—all seek to alter how consumers view themselves and the advantages of the goods or services being promoted.
One of the various advertising techniques used by marketers to persuade people to purchase goods, pay for services, donate to charities, or be persuaded is the reasonable appeal. By appealing to audiences' reasoning side, this appeal seeks to persuade them to purchase something or perform a particular action.
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hillsberh co has a held to a maturity investment in the bonds of with a carrying value of $70,000. h determined that due to poor economic prospects for s, the bonds have decreased in value to $60,000. it is determined that this loss in value is uncollectible. g
In this case, Hillsberh Co. would recognize a loss in the amount of $10,000 on their balance sheet.
What is balance sheet?
A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organisation, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or non-profit organisation. As of a particular date, such as the conclusion of its financial year, assets, liabilities, as well as ownership equity are listed. It's common to refer to a balance sheet as a "snapshot of the a company's financial condition." The balance sheet is the only one of the four fundamental financial statements that only applies at one particular point in a company's fiscal year.
This loss would be recorded as an impairment loss under the "Accounts Receivable" category. The amount would be debited and the corresponding credit would be recorded to the "Retained Earnings" account on the balance sheet.
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FILL IN THE BLANK. with ___ , conditions are somewhat different. first, the buying firm initializes the auction by submitting a description of the product or service. sellers then place bids based on their offer to fulfill the buyer's needs.
Sellers then place bids based on their offer to fulfill the buyer's needs.
What is place bids?Property owners might create a self-taxing district called a "Business Improvement District" (BID) to boost the commercial area's economic vitality.
Sellers set a starting price for an auction-style listing, and you compete with other bidders. The Bids/Offers - opens in new window or tab feature of My eBay allows you to monitor your bidding. The auction is won and the item is purchased by the highest bidder when the listing expires. A bid is an official, legally-binding offer.
A distinction between a bid and an offer The bid rate is the highest price that stock buyers will pay in the market to acquire any stock or other security they desire.
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How beneficial is export trade for a developing country?.
By cutting in half the number of people who experience severe hunger and poverty (MDG 1) and by fostering a global partnership for development (MDG 8), which includes taking care of the least developed nations, trade helps achieve these goals.
What is meant by export trade ?Export trade refers to trade or commerce in products, wares, merchandise, or services that are shipped from the United States or any American territory to a foreign country or are in the process of being shipped there.
When inhabitants of another country purchase produced goods and services from one country, this is known as an export trade transaction. Imports are another aspect of global trade.
The voluntary exchange of commodities or services between economic players is referred to as trade. Since interactions are voluntary, trade is typically thought to be advantageous to both sides. Trading in finance is the buying and selling of securities or other assets.
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which statement is true with regard to problems and issues with tax-deferred retirement plans in the united states?
Inadequate participation in employer program is true with regard to the problems and issues with the tax-deferred retirement plans in United States.
What is retirement?Retirement is the cessation of one's employment or active working life. By cutting back on work hours or workload, one can also semi-retire. When they are old or physically unable to work, many people decide to retire. People may also retire if they are eligible for private or public pension benefits, though some are compelled to do so due to physical limitations or because of legislation governing their positions. The concept of retirement was only recently introduced in the majority of countries, in the late nineteenth and early twentieth centuries. In the past, most workers worked until they passed away because of low life expectancy, a lack of social security, and a lack of pension plans.
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Suppose that the reserve requirement in an economy is 0. 2. Your grandmother just gave you money for your birthday and you deposit the entire amount into your bank account. As a result, the bank's excess reserves increase by $800. What is the maximum possible change in the money supply?
The maximum possible change in the money supply is $4000.
What is money supply?Money supply is all currencies and other liquid instruments in the national economy measured on a given day. The amount of money broadly includes both cash and deposits, which can be used almost as easily as cash. Governments issue paper currency and coins through their central banks and treasuries. Bank regulators influence the supply of money available to the public by setting bank reserves, lending and other financial matters. An increase in the money supply usually lowers interest rates, which in turn creates more investment and puts more money in the hands of consumers, which increases consumption. Companies respond by ordering more raw materials and increasing production. Increased business activity increases the demand for labour.Therefore,
money reserved= ΔMR = $800
r = reserved ratio = 0.2
currency ratio = 0
since, money supply = [tex]\frac{1+c}{c+e} .MR[/tex]
change in money supply = [tex]\frac{1}{e}[/tex]ΔMR
= $800x[tex]\frac{1}{0.2}[/tex]
= $4000
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a personal name is protected under trademark law, until it acquires a secondary meaning. group of answer choices true false
A personal name is protected under trademark law, until it acquires a secondary meaning is a true statement.
Define trademark.Trademark law also applies to service marks, which are applied to services rather than products. A trademark registration proves who is the rightful owner of a name, logo, or brand. It protects your brand from improper third-party use. Typically, a trademark protects brand names and logos used on goods and services. Any word, phrase, symbol, design, or combination of these that distinguishes your products or services might be considered as trademarks.
Customers utilize trademarks to distinguish you from your competitors in the market and recognize you. Under the general heading of "trademark," both trademarks and service marks are referred to. Trademark law governs the use of a sign (such as a word, phrase, symbol, product shape, or logo) by a manufacturer or merchant to identify its goods and distinguish them from those produced or offered for sale by another.
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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
Monopoly profit will increase when a monopolist goes from single-price monopoly to perfect price discrimination.
Irving Fisher claims that in a market where there is a "lack of competition," there is only one supplier of a certain commodity or service. This contrasts with oligopoly and duopoly, which are characterized by a limited number of vendors controlling a market, and monopsony, which denotes a single entity's domination of a market to purchase an item or service.
Therefore, the absence of viable replacement goods, a lack of economic rivalry to offer the commodity or service, and the possibility of a high monopoly price that is much above the seller's marginal cost and generates a large monopoly profit are the characteristics of monopolies. Even so, a small business could be able to raise prices in a niche market.
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fill in the blank: for a project manager to organize an effective meeting, they must carefully select all attendees and prioritize meeting topics in a(n) .
fill in the blank: for a project manager to organize an effective meeting, they must carefully select all attendees and prioritize meeting topics in a collaboration.
What do you imply by a collaboration?Collaboration is a partnership; a union; the act of producing or making something together. Collaboration can take place between two people or many people, strangers or satisfactory friends. To collaborate is to commit to the possibility of producing an result higher than one that would be developed in a silo.
Why is collaboration important?Collaboration improves the way your group works together and hassle solves. This leads to more innovation, efficient processes, multiplied success, and accelerated communication.
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a situation in which conventional monetary policy is ineffective in fighting an economic downturn because the nominal rate of interest cannot fall below zero is called:
When the economic situation is such that monetary policy can no longer be used because the nominal rate of interest cannot fall below zero, it is called Liquidity preference Money neutrality Liquidity trap Money illusion.
Zero is a number that symbolizes an empty space. 0 also functions as a placeholder number digit in place-value notation, such as the Hindu-Arabic numeral system.
This is done by multiplying the digits to the left of 0 by the radix, often by 10. As the additive identity of the integers, real numbers, and other algebraic structures, the number 0 plays a crucial role in mathematics. The term "zero" or the notion of zero may take on numerous meanings depending on the context. The phrases "nothing" and "none" are frequently used to describe the straightforward idea of missing.
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At the onset of the recent economic slowdown, prices at the grocery stores continued to rise. In some cases, products such as milk and bread almost doubled in price. In March 2008, a Boston newspaper reported, "The price of eggs was up 40% and milk was up 26%." Consumers were already being hit with high energy costs, and now their confidence in the economy was further shaken with job cuts and a loss of discretionary income due to increases in food prices. The economy was slowing, but prices were rising, signifying the potential for
The phrases stagnation and inflation are combined to form the term stagflation. It defines a state of the economy known as economic stagnation, which is characterised by weak growth, significant unemployment, and rising prices (inflation).
In a speech to the House of Commons in 1965, British Conservative Party politician Iain Macleod first used the phrase "Not simply inflation on one side or stagnation on the other hand but both of them together, means that we currently have the worst of both worlds. In a way, we are seeing "stagflation," and modern history is indeed being written."
In the given question, it is being observed that due to the economic crisis prices of food items and goods are increasing day by day, elsewhere, unemployment is also rising with weak growth in the economy. So the possible scenario that might happen now is that, it might lead to a case of Stagflation.
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velocity is growing at 4% per year, the money supply is growing at 5% per year, real gdp is growing 7% per year. what is the inflation rate? (if your answer is 30%, write your answer as 30.)
Inflation rate is 2%.
We know,
Money.growth + Velocity.growth = Inflation + Real.Money. Growth
Given:
Money Growth Grate: 5%
Velocity growth: 4%
Real GDP growth: 7%
Hence,
5 + 4 = Inflation +7
2 = Inflation
Therefore Inflation rate is 2%
What is inflation rate?
Inflation is the rate at which prices rise over a specific time period. Inflation is often defined as a broad metric, such as the total increase in prices or the cost of living in a country.
Hence 2% is a correct answer.
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studies show that during the march madness college basketball tournament, the productivity of the average company in the united states falls considerably. this is an example of
The studies show that during the march madness college basketball tournament, the productivity of the average company in the united states falls considerably is an example of-Moral hazard
What is Moral Hazard?When one of the parties to a contract can take risks without facing repercussions, moral hazard may exist. Moral hazard is prevalent in the loan and insurance industries, but it can also exist in interactions between employees and employers.
Example- The readiness of some homeowners to default on a mortgage was a previously unanticipated moral hazard that contributed to the financial crisis of 2008.
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which of the following is not necessary to compute the order quantity using the fixed-time-period model with safety stock? multiple choice ordering cost forecast average daily demand safety stock inventory currently on hand lead time in days
ordering cost is not necessary to compute the order quantity using the fixed-time-period model with safety stock.
Ordering costs are the expenses incurred by your business to purchase and receive the inventory items. These ordering expenses may include shipping fees, unanticipated transportation costs, inspection fees, and other expenses required to purchase inventory products. Essentially, the costs associated with placing and receiving inventory orders are the purchasing and ordering costs. The ordering cost formula is useful for estimating the economic order quantity and provides businesses with insight into how much of a product is required to meet consumer demand and achieve sales objectives. You can also apply the formula to various items to gain a better understanding of how much of each product your organisation must sell to maintain its budget and achieve its sales revenue objectives.
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Which is the most important factor that an entrepreneur should consider before taking the risks of opening a new business?.
Innovation, which can be a significant point of differentiation for a product or service, is made possible and encouraged by taking risks. Not all failed risks are disastrous. Sometimes, they teach entrepreneurs the most important business lessons. Failure can eventually result in business expansion and help shape future business strategies.
When starting a new business, which of the following factors is most important?
The owners' and business management's most crucial responsibility is financial management. They need to think about how their management decisions might affect the company's profits, cash flow, and financial situation.
When starting a business, what kinds of risks do business owners take?
Bankruptcy, financial risk, competitive risk, environmental risk, reputational risk, and political and economic risk are just some of the risks entrepreneurs face.By developing a realistic business plan, entrepreneurs need to budget effectively and demonstrate to investors that they are taking risks into account.
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palm incorporated has a profit margin of 20% and an investment turnover of 2. sales revenue is $808,000. what is the net operating income?
If palm incorporated has a profit margin of 20% and an investment turnover of 2. sales revenue is $808,000. The net operating income is $161,600.
How to find the net operating income?Using this formula to determine the net operating income
Net operating income = Profit margin × Sales revenue
Where:
Profit margin = 20%
Sales revenue = $808,000
Let plug in the formula
Net operating income = 20% × $808,000
Net operating income = $161,600
Therefore we can conclude that the net operating income is $161,600.
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One way that firms in a monopolistic competition engage in nonprice competition is through
a
fixed costs
b
variable costs
c
advertising
d
production
One way that firms in a monopolistic competition engage in nonprice competition is through advertising. (option C)
What is a monopolistic competition?A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. The goods sold in a monopolistic competition are identical but they are not perfect subsistitutes for each other.
One of the ways monopolistic firms engage in non-price competition is through advertisement to attract customers.
An example of monopolistic competition are restaurants. All restaurants sell food but there are differences in the type and quality of food being sold.
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