The net income for the year ended Dec 31 is $24,180.
The preparation of the income statement is presented below:Sales revenue $91,200
Less: operating expenses $59,100
Operating income $32,100
Less: other expenses $7,920
Net income $24,180
Therefore we can conclude that the net income is of $24,180
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Which is most likely to be a long-run adjustment for a firm that manufactures cars on an assembly-line basis
Answer:
A change in production to a redesigned and retooled facility
A marketing plan includes a number of factors, including the marketing mix
What is the marketing mix?
A. A plan for spending money
B. The variables of product, price, place, and promotion
C. Using names and symbols to identify the company's products
O D. How the company intends for customers to view its product
relative to the competition
Answer:
The variables of product, price, place, and promotion
Explanation:
The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place.
All-Star Automotive Company experienced the following accounting events during Year 3: Performed services for $25,000 cash. Purchased land for $6,000 cash. Hired an accountant to keep the books. Received $50,000 cash from the issue of common stock. Borrowed $5,000 cash from State Bank. Paid $14,000 cash for salary expense. Sold land for $9,000 cash. Paid $10,000 cash on the loan from State Bank. Paid $2,800 cash for utilities expense. Paid a cash dividend of $5,000 to the stockholders. Required a. Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). b. Prepare a statement of cash flows. Assume All-Star Automotive had a beginning cash balance of $9,000.
Answer:
The statement of cash flow results the ending balance of cash from operating activtity, investing activity, and financing activity is $60,200.
Explanation:
The statement of cash flow is prepared as follows:
Managerial accounting is different from financial accounting in that: Multiple choice question. managerial accounting is structured and often controlled by GAAP managerial accounting is used in planning and control decisions and financial accounting is used in making investment and credit decisions managerial accounting is used by investors and financial accounting is used by managers managerial accounting is focused on the organization as a whole and financial accounting is more focused on divisions of the organization
Answer: Managerial accounting is used in planning and control decisions and financial accounting is used in making investments and credit decisions.
Explanation:
A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and factory overhead is $5,400,000, then direct labor is:
Explanation:
Conversion costs = Direct labor + Factory overhead
7,800,000 = Direct labor + 5,400,000
Direct labor = $2,400,000
First option is the correct option.
I know this much only.
Which of the following refers to analyzing what customers think of your brand?
Question 3 options:
Brand audit
Brand equity
Brand positioning
Brand survey
Answer:
The customers think Brand survey.
Answer:
The correct response is brand positioning.
Explanation:
During Brand positioning, you are going directly to your customer and asking their opinions. Doing so is analyzing what they think. "Think about conducting a simple “brand audit” at least once a year. This means looking at how your product or service is marketed and branded (your marketing messages, etc.), analyzing your brand positioning (i.e., asking customers what they think of your brand), and then comparing the two (your branding efforts vs. customer perceptions) to see how well the two connect."
Mary and Hanna, who are Tennessee residents, were traveling through Mississippi when they were involved in an automobile accident with Franco, who is a resident of Mississippi. Franco sues Mary, who was driving the car, in federal court in Mississippi and asks for $100,000 to reimburse him for his medical bills and lost wages. In deciding the case, what law will the federal district judge apply
The federal district judge will apply the state law while deciding the case.
State law refers to the separate law that each state has to be used or followed by the particular state. This means that one state's laws can differ from another state's laws, which is why each state makes laws of its own.
In the United States, it is normal that each state has its own laws. Such laws may be found in the traffic rules, license requirements, or vehicle numbers. These laws may affect the everyday aspect of their lives. In the given case of Mary and Hanna's accident in the state of Mississippi, the federal district judge will apply the state law to decide the case. Though the duo is from Tennessee, their accident occurred in Mississippi. So, the judge will refer to the state law of Mississippi to deal with the car incident case.State laws give easier methods or processes to deal with accidents that may occur in a specific state. And in that regard, the state laws will be applicable for dealing with car accident cases, like in the case of Mary and Hanna.
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Financial markets are intermediaries that channel the savings of individuals, businesses, and government into loans or investments.
a. true
b. false
Answer:
Financial markets mean the intermediaries that route the savings of individuals, businesses, and government toward loans or investments is true.
Explanation:
Financial markets areas allude largely to any financial market where some trading of protections occurs. There are various sorts of commercial business areas, including forex, cash, stock, and stock exchange markets.These sectors transact a wide scope of protections and remain as a basic to these smooth activities of a businessperson community.The given statement is true.
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The department chain you work for has had numerous complaints about slow customer service.
Your colleague, a sales manager, informs you that this happened at a previous store she worked for,
and it was cleared up by hiring more sales representatives. Should you take her advice to solve this
problem? Why or why not? What techniques can you use in evaluating the problem?
Answer:
The advice should not be taken, as it is a rush to judgement, which could mean that the wrong solution is used, wasting time and resources. You should ask the colleague to employ critical thinking. Critical thinking is sustained suspension of judgement with an awareness of multiple perspectives and alternatives. It involves at least four elements:
•Maintaining doubt and suspending judgement
•Being aware of different perspectives
•Testing alternatives and letting experience guide
•Being aware of organizational and personal limitations
Which sources would likely be a good starting point when beginning research on a topic that you do not know well?
When you are just starting to study about a subject and require general information, reference materials might be helpful. Encyclopedias and dictionaries are a couple of examples of them.
What is an Encyclopedia?An encyclopedia is a work of reference or a compendium that offers summaries of information that is generic or unique to a certain topic or discipline. Encyclopedias are broken up into sections called articles or entries that are listed in alphabetical order by the article's title or by subject categories, or else are hyperlinked and searchable by random access. In comparison to most dictionaries, encyclopedia entries are lengthier and more in-depth. Generally speaking, encyclopedia entries concentrate on linguistic information about words, such as their etymology, meaning, pronunciation, use, and grammatical forms, as opposed to dictionary entries, which concentrate on factual information about the subject specified in the entry's title.
In the 18th century, the dictionary served as the foundation for the modern encyclopedia. Both encyclopedias and dictionaries have historically been researched and published by educated, knowledgeable content experts, yet they differ greatly in format.
What is a dictionary?A dictionary is a list of words and their definitions in alphabetical order. Dictionary assist users in looking up meanings to gain a deeper comprehension of a word as well as a broader comprehension of a language or subject. Although there are hundreds of free online dictionaries available, many computers do not come with an electronic dictionary. A dictionary essentially has a list of terms together with information on each one. The list might make an effort to be an exhaustive inventory of a language or it might merely cover a tiny portion of it. A glossary is a common name for a brief list that occasionally appears at the end of a book. A concordance is a word list that serves as an index to a small body of work and includes references to each passage. Theoretically, a good dictionary may be created by compiling numerous concordances into a single list. A gazetteer is a word list that exclusively contains geographical names.
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lack hshshahababahjjss
Answer:
wjwksjsbdjdhdhsjdns
Explanation:
Human resources development is important because it is an investment in one's employees that will ultimately result in a stronger and more effectiv
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amksusshhvsu
Synthesizing Information As you read, complete the sentence below. If the government lowers taxes in a market economy, benefits for individuals and businesses will __________.
Answer:
increase.
Explanation:
The higher the demand the higher the supply. So if taxes are lowered individual will not have to spend more to buy less and business will not have to add more profits on goods inother to gain their estimated annual profit. Therefore, prices of goods and services become less and individuals gets more purchasing power to buy more. This becomes a win-win solution.
WILL GIVE BRAINLIST
A depression is a severe recession that is often accompanied
by deflation.
Otrue
O false
Answer:
true
Explanation:
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Do you have studies for Econ 2301 Principles of Macroeconomics ?
MSA products Inc pays its salesperson 6% commission on all sales and 3.5 % more sales on all monthly sales over $40,000. in august Giselle Campagna sold $56,000 worth of goods for MSA. What was her commission for august
Answer:
The commission for august month is [tex]\$5,320[/tex]
Explanation:
Given
6% commission on all sales and 3.5 % more sales on all monthly sales over [tex]\$40,000.[/tex]
In august Giselle Campagna sold [tex]\$56,000[/tex]
Commission on sales [tex]=6\%+3.5\%[/tex]
[tex]=9.5\%[/tex]
Commission for august month [tex]=56,000\times9.5\%[/tex]
[tex]=56,000\times\frac{9.5}{100}[/tex]
[tex]=5,320[/tex]
The commission for august month is [tex]\$5,320[/tex]
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What can impact the competitive nature of an industry through the ability to raise prices or affect the quality of inbound goods and services:_______.a) suppliers,b) buyers,c) new entrants,d) substitute products,e) retailers.
The supplier should affect the competitive nature of the industry via the capability for increasing the prices or the quality should be impacted.
The following should not impact the nature of an industry in a competitive way:
Buyers.New entrants.Substitute products.RetailersTherefore we can conclude that the supplier should affect the competitive nature of the industry via the capability for increasing the prices or the quality should be impacted.
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List 2 advantages and 2 disadvantages of budgeting.
i. Manage your money effectively.
ii. Monitor performance.
Two disadvantages of budgeting;i. Time required.
ii. Gaming the system.
iii. Blame of outcomes.
never start a project unless all resources are available
What is the impact of all the different emirates coming
together in order to resolve conflict and engage in
deliberations at the meeting of the Federal Supreme
Council?
Answer:
The Federal supreme council is the highest constitutional authority in the United Arab Emirates, being the highest legislative and executive body.[1] It establishes general policies and sanctions federal legislation. It is the First Federal Authority in terms of ranking in the hierarchy of the Five Federal Authorities prescribed in the Constitution: Federal Supreme Council, Federal President and Federal Vice President, Federal Cabinet, Federal National Council, Federal Judiciary.
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Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. a. The productivity of the line is: [ Select ] b. If the productivity is increased by 10%, the productivity would be: [ Select ] c. If the production is increased to 2000 valves per shift, labor productivity will increase by: [ Select ]
a. The productivity of the line is 220 valves per hour.
b. The labor productivity will be increased by 25%.
a. The productivity of the line is
= Number of valves produced ÷ number of hours × increased percentage
= 1,600 valves ÷ 8 hours × 1.10
= 220 valves per hour
b. The labor productivity will be increased by
= Increase in production ÷ Number of valves produced
= 2,000 ÷ 1600
= 1.25
So, the labor productivity will be increased by 25%.
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Important reasons for constructing a policy statement include: A. Helps investors decide on realistic investment goals B. Create a standard by which to judge the performance of the portfolio manager C. Develop an instrument to judge risk D. Choices A and B
The important reasons for constructing a policy statement would be option D. Choices A and B as investor's realistic decisions and measuring the manager's performance both are important and can be done by this.
The investment policy statement is a planning and communication document that
finalizes the understanding between client and managerIncorporates a client's requirements, choices, and circumstances to create an integrated statement that reflects the objective and constraints of the client.So, it will help the investment process to an investor to identify and make decisions on setting realistic goals. This also makes a standard or scale to which the portfolio manager can be judged for his performance evaluation.
Thus, the correct answer is - option D. choices A and B.
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In what ways is marketing international?
Answer:
Through trading.......
Answer:
in wto we can market international
Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments. Below is a set of decisions made by finance professionals. Categorize the decisions according to the area of finance that they belong to.- Wilson, a trader at the New York Stock Exchange, executes the decisions made by investors and takes action based on requests by different buyers and sellers in the market.- As a technical trader, you will be analyzing investor psychology and making investment decisions based on how investors behave during certain situations.- Jacob, the chief executive officer (CEO) of ABC Corp., must make decisions that help achieve the primary goal of the corporation: maximize shareholders' wealth.
Here is a categorization of the decisions according to an area in finance :
Wilson, a trader at the New York Stock Exchange, executes the decisions made by investors and takes action based on requests by different buyers and sellers in the market. - capital market
As a technical trader, you will be analyzing investor psychology and making investment decisions based on how investors behave during certain situations - investments
Jacob, the chief executive officer (CEO) of ABC Corp., must make decisions that help achieve the primary goal of the corporation: maximize shareholders' wealth. - corporate finance
Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.
Jacob is going to make decisions on how to maximise the resources (funds) entrusted to him by shareholders.
Capital market is a market where buyers and sellers come together to buy and sell financial securities.
There are two types of capital markets :
1. Primary market - new issues of stocks and securities are traded in this market.
2. Secondary market -previously issued securities are traded in this market.
Wilson would execute the trades on the capital market.
Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.
For example, the purchase of of securities has the potential to increase the wealth of the holder.
In order to make successful investment decisions, it is important to analyse and understand investor psychology. This would help identify certain bias that an investor might have that would prevent from making optimal investment decisions.
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Goals should linger on and on-they shouldn't have an expiration date, true or false
uses of grants funds
Answer:
Ways to spend grant funds include paying people, travel and hospitality expenses, and the purchase of project-related equipment and supplies. There are a multiple mechanisms that can be used to spend grant funds, depending upon what is being paid for or purchased.
Explanation:
Compared to the equilibrium price and quantity sold in a competitive market, a monopolist will charge a ________ price and sell a ________ quantity. Group of answer choices higher; smaller lower; smaller higher; larger lower; larger none of these options is correct.
Answer:
Will charge a higher price
Dell a smaller higher
वर्तमानमा युगमा मातृभाषाकाे महत्त्व विषयमा निबन्ध .......anyone Nepali please help me in this topic
Answer:
सफाई एउटा काम हैन, जो पैसा कमाउन को लागी गर्नु पर्छ, बरु, यो एक राम्रो बानी हो जुन हामीले राम्रो स्वास्थ्य र स्वस्थ जीवन को लागी अपनाउनु पर्छ। स्वच्छता सद्गुण को एक कार्य हो जुन जीवन स्तर बढाउन को लागी प्रयोग गरीन्छ
The mother tongue or the native language is an essential aspect in one’s upbringing as it shapes the way they perceive the world and the way one expresses themselves to others. Babies tend to imitate what they see or hear. Infants are fast learners as they acquire their mother tongue by imitating their parents. It is easier for children to learn languages in their growing years than in comparison to adults learning a new language.
Having a strong grip on one’s mother tongue also helps in creating a strong foundation for learning additional languages. Children are capable of learning languages other than their native tongue while they are young by transferring the different structure of a language to other languages. If a child learns the grammar of their mother tongue well, then they will be able to guess the meaning of the words in different languages easily.
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,110 in assets to launch the business. On December 31, the company’s records show the following items and amounts.
Cash $ 14,550 Cash withdrawals by owner $ 1,120
Accounts receivable 12,940 Consulting revenue 12,940
Office supplies 2,400 Rent expense 2,640
Land 45,860 Salaries expense 5,920
Office equipment 17,020 Telephone expense 800
Accounts payable 7,820 Miscellaneous expenses 620
Owner investments 83,110
The preparation of the stockholder equity is presented below:
Statement of stockholder equity
J.Ernst, Capital, December 1 $ 0
Add: Investment by owner $83,100
Add: Net Income $2,960
Less: Withdrawals by owner ($1,120)
J.Ernst, Capital, December 31 $84,940
Working note:
The preparation of the income statement is presented below:Income Statement
Consulting revenue $12,940
Less:
Rent expense $2,640
Salaries expense $5,920
Telephone expense $800
Miscellaneous expenses $620
Total expenses ($9,980)
Net Income $2,960
Therefore we can conclude that the ending balance of the stockholder equity is $84,940
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High tax rates that put money into the government's funds
tend to slow spending, and ultimately slow the economy.
O true
O false
Answer:
true
Explanation:
trust me I studied economics
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If Kevin purchased 175 candles at $3 each and sold 90 candles for $7 each, which of the following is his cost of goods sold?
a. $525
b. $735
c. $630
d. $270
The$270 of the following is his cost of goods sold. Thus option (D) is correct.
What are the goods?The term goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.
cost of goods sold number of candles.
= sold X purchase cost per candle
90X3
⇒ $270
The direct costs of producing the products that a business sells are referred to as its cost of goods sold (COGS). The cost of the labor and materials directly employed to make the goods are also included in this sum. It doesn't include indirect expenditures like those associated with the sales staff and distribution.
Therefore, The following $270 represents his cost of goods sold. The correct answer is (D), thus.
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