the cash flow statement should be evaluated by examining the cash flow pattern . multiple choice question. change in cash regardless of which section had the biggest impact on the change operating activities section since this section details the day to day operations of the business of the subtotals for the three sections of the statement financing section since this section details how much debt the company has incurred

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Answer 1

The cash flow statement should be evaluated by examining the cash flow pattern : the subtotals for the three sections of the statement financing.

A cash flow is a real or virtual movement of money: a coins float in its slim sense is a price, mainly from one crucial financial institution account to every other; the term 'cash glide' is mainly used to describe.

Cash flow refers to the internet balance of coins stepping into and out of a enterprise at a selected point in time. cash is continuously moving into and out of a business. as an example, while a retailer purchases stock, money flows out of the enterprise towards its providers.coins go with the flow from making an investment sports is coins earned or spent from investments your corporation makes, such as buying equipment or making an investment in other groups. cash waft from Financing sports is coins earned or spent within the route of financing your business enterprise with loans, traces of credit score, or proprietor's fairness.

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Related Questions

5. Problems and Applications Q5 Suppose the Americans suddenly develop a strong taste for French cheese. On the following graph, indicate what happens to the demand for U.S. dollars in the market for foreign-currency exchange as a result of this change in tastes. ? Supply Demand Supply Real Exchange Rate Demand Quantity of Dollars Quantity of Dollars fall rise This causes the value of dollars in the market for foreign-currency exchange to and the equilibrium quantity of net exports to 1 remain unchanged Quantity of Dollars increase decrease of dollars in the market for foreign-currency exchange to and the equilibrium quantity of net exports to

Answers

As a result, the market of dollars on the foreign exchange market declines but the equilibrium level of net exports stays the same.

What is the most accurate way to define a market?

A market is a gathering place for sellers and buyers where they may exchange products and services. Markets might be real-world, like a physical store, or digital, like an online merchant.

Briefing:

The value of the dollar will decrease as demand for dollars declines and demand for foreign currencies increases. Depreciation will be applied to the dollar.

The graphic can be used to better understand this. Lower than for the exchange rate established by the junction of the earlier equilibrium price and the supply curve is the exchange rate established by the quantity demanded demand and supply curve. It indicates that the dollar's value is lower than that of other currencies.

The equilibrium level of net exports remains constant notwithstanding a decline in dollar demand. The graphic shows that the equilibrium amount of dollars remains the same even when a new demand curve meets the supply curve. It's still Q. Equilibrium amount of total exports stays constant since marginal utility of dollars doesn't vary.

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Among the factors an entrepreneur will consider in selecting an organizational form for a business are tax considerations. True False

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The given statement is true.

What is business?

Business is the act of making a living or making money by producing or buying and selling products (such as goods or services). It is also a “commercial activity or enterprise”.

The existence of a company name does not separate the entity from its owner. This means that the company's owners are responsible and liable for the company's debts. If the company acquires debt, the creditor can trace the owner's personal belongings. The corporate structure does not allow corporate tax rates. Owners are personally taxed on all income from the company.

The term is also often colloquially used to refer to legal entities such as limited partnerships and cooperatives (although it is not used by lawyers or public officials).

A corporation is a separate legal entity, unlike a sole proprietorship or partnership, which provides limited liability to its owners/members and is subject to corporate tax rates. Public companies are more complex and costly to set up, but offer more protections and benefits to their owners/members.

Therefore, The given statement is true.

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Acron is a large drug company. At the current time, the beginning of year 0, Acron is trying to decide whether one of its new drugs, Niagra, is worth pursuing. Niagra is in the final stages of development and will be ready to enter the market one year from now. The final cost of development, to be incurred at the beginning of year 1, is $15 million. Acron estimates that the demand for Niagra will gradually grow and then decline over its useful lifetime of 20 years. Specifically, the company expects its gross margin (revenue minus cost) to be $1.5 million in year 1, then to increase at an annual rate of 6% through year 8, and finally to decrease at an annual rate of 5% through year 20. Acron wants to develop a spreadsheet model of its 20-year cash flows, assuming its cash flows, other than the initial development cost, are incurred at the end of the respective years. Using an annual discount rate of 7.5% for the purpose of calculating NPV,
Question 1. Which has a greater present value: the gross margin for year 1 or the gross margin for year 8 (the peak year for gross margin)?
:
Question 2. What is the present value of the gross margin at year 16?
:
Question 3. What rate of increase is needed from year 1 through year 8 to have a year 8 gross margin with a present value that is equal to the present value of the year 1 gross margin? Hint: Use goal seek.

Answers

Cost of development: 15 Year 1 gross margin: 1.5 6% rise in rate increasing until year 8 5% drop in rate.

What does the term "gross margin" mean?

Gross margin is the amount of money that remains after all direct expenses associated with creating or acquiring the products or services that a business sells have been deducted. The more money the corporation may give toward indirect costs and other expenses like interest, the larger the gross margin.

How do you determine gross margin?

To get a company's gross profit margin percentage, net sales are subtracted from cost of goods sold (COGS) (gross revenues minus returns, allowances, and discounts).To determine the gross profit margin in percentage terms, this amount is then divided by net sales.

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when determining relationships between variables, one of the criteria for a potential causal relationship is that the cause must happen before the effect. the two variables we are testing are sat average and completion rate. match the variable with its place in the relationship by selecting cause or effect.

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A putative causal relationship between variables must meet the criterion that the cause must occur before the consequence.

How will you determine if the variables are causally related or not?

Causation is the idea that one thing leads to another; in other words, action A produces outcome B. Even though one event does not always result in the occurrence of the other, correlation is simply a relationship where action A is related to action B.

What do you call the variables that provide explanation?

A variable that is used to forecast or elucidate the response variable is referred to as a "explanatory variable." It is also frequently referred to as the independent variable because it is unrelated to the other variable.

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In the context of marketing ethics, identify the arguments put forth by defenders of advertising. (Check all that apply.)

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Advertising and other marketing strategies violate consumer autonomy by generating wants.

What is Advertising?

Advertising refers to the methods employed to market a good or service.

Reaching the demographics most likely to be interested in purchasing a company's goods or services is the aim of advertising.

Advertising aims to draw consumers' attention by emphasizing a product or service.

Although there are many other uses as well, commercial advertising is the most common. It is frequently used to promote a certain commodity or service.

Commercial advertising typically aims to increase consumption of their products or services by "branding," which associates a product name or image with certain features in consumers' thoughts.

On the other hand, commercials that are meant to result in an immediate sale are referred to as direct-response advertisements.

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the five distinct service dimensions that customers use to evaluate how well a service meets or exceeds their expectations include reliability, responsiveness, assurance, tangibles, and

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The five distinct service dimensions that customers use to evaluate how well a service meets  include reliability, responsiveness, assurance, tangibles, and empathy.

What do you mean by quality of service dimension?

Service quality is a measure of how well the services provided meet customer expectations. The definition of service quality and aspects such as what is concrete, reliability, responsiveness, safety and empathy.

Why is service quality important?

It helps businesses increase sales by keeping customers happy and encouraging repeat purchases. High quality service reduces marketing costs as the company retains its customers. Retaining customers is more cost effective than acquiring new ones.

Which dimension of service quality is important to customer satisfaction?

Evaluating the impact of service quality on customer satisfaction suggests that four dimensions of service quality need to be improved in order to increase customer satisfaction: reliability, responsiveness, safety and empathy.

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A sales engineer has the following alternatives to consider in touring his sales territory A. Buy a 2-year old used car for $14,500. Salvage value is expected to be about $5000 after 3 more Maintenance and insurance cost is $1000 years in the first year and increases at the rate of $500/year in subsequent years. Daily operating expenses are $50/day. B. Rent a similar car for $80/day Based on a l2% after-tax rate of return, how many days per year must he use the car to justify its purchase? You may assume that this sales engineer is in the 28% incremental tax bracket. Use MACRS depreciation.

Answers

The car must be used for at least 209 days per year to justify its purchase. To answer this question, we must first calculate the annual expenses associated with the purchase of the car.

This includes the cost of the car, the salvage value, the maintenance and insurance costs, and the daily operating expenses.

The cost of the car is $14,500. The salvage value is expected to be $5,000 after 3 years. Maintenance and insurance costs are $1000 in the first year and go up by $500/year in subsequent years. Daily operating expenses are $50/day.

We can then use the MACRS depreciation schedule to determine the annual depreciation expense for the car. Using the 28% incremental tax bracket, the annual depreciation expense for the car is $4,872.

To calculate the total annual expenses associated with the purchase of the car, we must add the cost of the car, the salvage value, the maintenance and insurance costs, and the daily operating expenses. This comes to a total of $19,372.

Now, we can calculate the number of days per year the sales engineer must use the car to justify its purchase. To do this, we must divide the total annual expense ($19,372) by the daily rental cost ($80).

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Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 88,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity:Issued 10,400 shares of common stock at $5.80 per share.Issued 19,600 shares of common stock at $9.30 per share.Reported a net income of $106,000.Paid dividends of $53,000.Purchased 2,600 shares of treasury stock at $11.30 (part of the 19,600 shares issued at $9.30).What is total shareholders' equity at the end of 2021?Multiple Choice$289,840.$319,220.$266,220.$268,420.

Answers

The net assets of the business are represented by shareholder equity. This includes the company's net earnings as well as all stock shares of various types.

The total equity held by shareholders is A. $250,000.

70,000 shares of stock (10,000 times 7) 160,000 shares of stock (20,000 times 8) 160,000 net income.

The amount of money invested in a business by its owners is known as shareholder equity. This includes the money they've invested directly and the money the company has earned and put back into the business since its inception.

How is shareholders' equity calculated?

Share Capital minus Retained Earnings minus Treasury Stock is Shareholders' Equity. The investor's equation is another name for the share capital method.

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Considered the most common type of home loan, which of the following refers to any standard home loan that is not insured or guaranteed by an agency of the U.S. government?
A. Conventional home loan
B. Federal Housing Administration loan
C. Veterans Affairs loan
D. Section 203 loan

Answers

A. Conventional home loan is Considered the most common type of home loan, which of the following refers to any standard home loan that is not insured or guaranteed by an agency of the U.S. government.

What is home loan?

A home loan  can be described as the secured loan that is obtained to purchase a property by offering it as collateral.

It should be noted that the Home loans offer high-value funding at economical interest rates  which can be dgiven for long tenors however they will be repaid through EMIs then the  property's title is transferred back to the borrower once payment is done.

Therefore, option A is correct.

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Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:

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The net cash provided by ( used for ) operating activities, to Kentucky Company, based on the  indirect method, is A. $ 42, 700.

How to find the net cash provided ?

The net cash provided from operating activities refers to the net cash that comes from the transactions involving the businesses daily operations that lead to it making revenue and profit.

In this regard, the net cash from operating activities to Kentucky Company is :
= Net income - Gain on sale of plant assets + Depreciation expenses - Decrease in current liabilities - Increase in current assets

Net income = $ 58, 800

Gain on sale = $ 6, 000

Depreciation expense = $ 13, 000

Decrease in current liabilities = $ 22, 000

Increase in current assets = $ 1, 100

The net cash to Kentucky is:

= 58, 800 - 6, 000 + 13, 000 - 22, 000 - 1, 100

= $ 42, 700

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T/F. if the plaintiff's car is stopped at a red traffic light and is struck in the rear by a vehicle driven by the defendant, the defendant was negligent per se.

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If the plaintiff's car is stopped at a red traffic light and is struck in the rear by a vehicle driven by the defendant, the defendant was negligent per se.

The statement is true

In legal proceedings, a defendant is a person or thing who is either the party being prosecuted for a crime in a criminal case or the party being sued for some sort of civil relief in a civil case. From one legal system to another, terminology differs.The individual accused of the offense is the defendant in criminal proceedings. The party being sued by the plaintiff in a civil lawsuit is known as the defendant.The defendant in a criminal case is the individual who is alleged to have committed the offense. For instance, the government will file a criminal complaint against someone if they are accused of murder. The accused is the defendant, and the government is the plaintiff.

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Many savings programs are protected by the federal government against loss. Which of the following is NOT?

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A state-issued bond from all 50 states. Many savings programs are protected by the federal government against loss.

Deferred consumption, or not spending money, is saving program. One way to save is to set money aside in a deposit account, a pension account, an investment fund, or in cash. Saving also entails cutting expenses, like recurring expenses. Savings refers to any income not used for immediate consumption.

In terms of personal finance, saving typically refers to low-risk preservation of money, such as in a deposit account, as opposed to investment, where risk is much higher. Savings don't necessarily contain interest; instead, they refer to the act of avoiding using up one's resources, while interest refers to repeated possibilities to cut expenditures or to one's resources in the form of cash.

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kelly works as a sales representative at ginner machine works. she uses the phone and the internet to identify prospects and make sales. kelly calls customers and explains the products offered by ginner and the advantages of using them. if requested, she also mails the customer product information brochures. which of the following is most likely kelly involved in?

Answers

Kelly works as a sales representative at ginner machine works. she uses most likely kelly involved in telemarketing.

A sale is an activity related to the number of goods sold or sold during a specified period of time. Providing services for a fee is also considered a sale.

A seller or provider of goods or services completes a sale upon acquisition, diversion, requirement, or direct interaction with the purchaser at the point of sale.

There is a transfer of ownership (ownership or ownership) of a thing and a price settlement where the price at which the transfer of ownership of the thing takes place is agreed upon.

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During the year, a company had net credit sales of $100,000; past experience indicates that 0.5 percent of these sales, or $500, should result in uncollectible accounts. The entry to record this adjustment will include a debit to the ______ account in the amount of $500.
uncollectible accounts expense

Answers

The entry to record this adjustment will include debit to uncollectible accounts expense account in amount of $500.

What is an expense account?

A right to compensation for money spent by employees for employment-related purposes is known as an expense account. George Washington, who declined to accept a salary and depended on an expense account to pay for his expenditures while serving as the military leader of the American Revolution, is credited with the invention of the expense account in the United States. The Internal Revenue Service has a number of rules that apply to accountable expense accounts. The account must serve a specific, specified business function. Spending from the account needs to be traceable, usually with the help of receipts. Any funds sent to the employee from the account that are not used for business-related expenses and are not properly accounted for must be given back to the employer.

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stryker industries received an offer from an exporter for 23,000 units of product at $17 per unit. the acceptance of the offer will not affect normal production or domestic sales prices. the following data are available: line item description amount domestic unit sales price $21 unit manufacturing costs: variable 12 fixed 3
The amount of profit or loss from acceptance of the offer is a
a.$336,000
b.$456,000
c.$120,000
d.$552,000

Answers

The correct answer here is option C $120,000. The unit promoting charge is the quantity a company fees for a single item of a product or use of a service.

Setting the unit promoting charge is an vital management decision due to the fact it has a direct effect on sales volumes.

How do you discover the income charge per unit?

Determine the complete cost of all gadgets purchased. Divide the total price by means of the number of gadgets purchased to get the value price. Use the promoting price method to calculate the closing price: Selling Price = Cost Price + Profit Margin.

On a balance sheet, unit income signify the total income of a product in a given period. This sales data is used to decide the rate factor to obtain earnings per unit given the authentic price of production.

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When creating a job description, a human resource manager should include TDRs, whichstands for the tasks, duties, and ______ a particular job entails.Multiple choice question.resourcesresponsibilitiesrightsresumes

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TDRs, which stand for the tasks, duties, and responsibilities that a specific job entails, should be included in a job description by a human resource manager.

An organization, business sector, industry, or economy's workforce is made up of a group of people known as human resources (HR). The knowledge and skills that people possess are referred to as human resource, which is a more specific definition. Similar concepts include labor, personnel, companions, and people themselves.

The human resources department (HR department) of a company manages human resources, supervising a range of employment-related activities like performance management, interviewing and selection, managing employee benefits, organizing employee files with the necessary paperwork for future use, and even some aspects of recruitment (also known as talent acquisition) and employee offboarding.

They act as a liaison between the management and the workforce of an organization.

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From year one to year two the ratio of sales to fixed assets declined significantly. This is a possible indication that:
a. The client is over depreciating fixed assets
b. The client is capitalizing costs that should be expensed
c. The client has used debt to finance acquisitions of fixed assets.
d. The client has treated capital leases as operations leases.

Answers

The decline of sales to fixed assets ratio is a possible indication that b) the client is capitalizing costs that should be expensed

A sale is an exchange of goods or services for a predetermined amount of money. An asset that cannot be readily converted into cash is referred to as a fixed asset in accounting. Long-lived assets, property, plant, and equipment are other names for it. Current assets, which include liquid assets like cash and bank accounts, are different from fixed assets. The sales to fixed asset ratio, a measure of asset utilization, can be used by investors to determine how well a company utilises its assets to generate revenue. This ratio shows how frequently the corporation transfers its fixed assets on an annual basis.

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According to your text, which of the following is a reason why many people enjoy personal selling as a career?

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According to your text, it features variety and flexibility is a reason why many people enjoy personal selling as a career.

The profession is a person's metaphorical "adventure" through mastering, paintings, and different factors of life. There are a number of methods to outline career and the term is used in a ramification of methods.

A professional way you live inside the identical kind of paintings. A career may be one task or many roles. you may paintings for one corporation or many groups. A career is every now and then called a "profession course." A profession consists of training, schooling, and paintings enjoy.

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Shara is a new addition to your team and your boss has asked you to help with her initial training and orientation to the team. She has not previously worked in your country and so you want to help make her adjustment go as smoothly as possible. Which of the following would be LEAST effective in helping build Shara's cultural competence?
Select : 1
Teach Shara about how decisions are made and communicated.
Schedule weekly check-ins with Shara to make sure she is adjusting properly.
Ask Shara to run team meetings in order to get to know people more quickly.
Make sure Shara knows that you are always available if she needs advice or help.

Answers

Asking Shara to run team meetings in order to get to know people more quickly would be LEAST effective in helping build Shara's cultural competence. The correct option is c.

What is cultural competence?

Cultural competence, also known as intercultural competence, is a range of cognitive, affective, and behavioural skills that lead to effective and appropriate communication with people of other cultures.[2][3][4] Intercultural or cross-cultural education are terms used for the training to achieve cultural competence.

Effective intercultural communication relates to behaviors that culminate with the accomplishment of the desired goals of the interaction and all parties involved in the situation.

Appropriate intercultural communication includes behaviors that suit the expectations of a specific culture.

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In MS Word, when using the drop-down menu for the Find Feature, which option can
be found?

Answers

In MS Word, when using the drop-down menu for the Find feature, we can find the Developer tab option.

What is the Developer tab?

The developer tab, which is a built-in tab, provides the features needed to use Visual Basic for Application(VBA) and perform a macro operation.

The tab is disabled by default. It must be enabled first in the options section on the File menu to make it visible on the toolbar.

The developer tab is usually hidden by default, and the user needs to activate it from the options section.

The developer tab is the place to go when we want to do or use the  following : write Macros. Run Macros that is previously recorded.

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Matthew McConaughey tells John Legend he will provide him with a Roland TR 808 Drum Machine if John does Matthew's chores for a month. John promises to do the chores. Matthew and John have formed a. a unilateral contract. b. a bilateral contract. c. an unenforceable contract. d. a void contract.

Answers

b) bilateral contract is the correct answer.

A bilateral agreement is one in which both sides share performance commitments. The promise of one party is given in exchange for the promise of the other. Each party is therefore an obligee on the other's pledge and an obligor on their own. 

Business agreements, such as sales contracts, where the buyer commits to pay the price and the seller promises to deliver the items, are the most typical forms of bilateral agreements. In this case, both the buyer and the seller take on reciprocal obligations, making it clear that the obligations to deliver the items and to pay the money are related. Leases, warranties, and employment contracts are other instances of bilateral agreements.

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when a startup wants to offer stock on the stock market, they go from a private to a public company. t/f

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When a startup wants to offer stock on the stock market, they go from a private to a public company---- True

What is it called when a company goes public?

When a private company goes public for the first time, the process is known as an initial public offering (IPO). Essentially, an IPO means that the ownership of a company changes from private to public.

What pricing method will be used for the public offering of shares?

An IPO, or initial public offering, is the process by which a privately held company purchases its shares to the public. The stock or stock price to be sold must be determined prior to commencing the IPO. This can be done by fixed cost method or book building method.

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if nominal wages are slow to adjust to changes in the price level, then an increase in the money supply: please choose the correct answer from the following choices, and then select the submit answer button. answer choices raises the price level only in the short run and increases real gdp in the long run. lowers both the price level and real gdp in the long run. increases real gdp only in the short run and raises the price level in the long run. raises both the price level and real gdp in the long run.

Answers

Simply put, according to the sticky wage theory, employees are unwilling to accept nominal salary reductions because they induce nominal wages to respond slowly and rigidly downward to unfavorable changes in a company's and the overall economy's performance.

What are Nominal wages?

The cash that you receive from an employer in exchange for your labor is referred to as a nominal wage or a money wage. There is no inflation adjustment made to nominal pay. Contrarily, a real wage is one that has been adjusted for inflation. Your buying power will decrease if the pace of nominal Pay increases slower than the pace of inflation. In contrast to real earnings, which do take into account changes in prices, nominal wages are wages represented in monetary terms. A nominal wage is another name for a money wage.

When labor or services are exchanged, the nominal wage results. There is no method or computation for nominal wages. The pay rate or compensation that employees receive is known as the nominal wage. It is the sum mentioned in job-seeker classified advertising. It is the cost that is stated in employment offers. The nominal wage's lack of an inflation adjustment is its most significant feature. The loss of money's buying power as a result of rising prices for goods and services in an economy is known as inflation.

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Fixed budget performance reports compare actual results with the results expected under a fixed budget. A) True B) False

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The answer is true. A fixed budget is a financial plan that is not adjusted to reflect fluctuations in actual activity. They are the most common type of budget because they are easier to create than flexible budgets.

A fixed budget is a budget that does not change with changes in activity or output levels. A variable budget is a budget that fluctuates depending on the unit's activity level and production volume. A flexible budgets is static and never changes. Fixed budgets can be used for projects that contain fixed funds for specific programs such as capital expenditures, advertising and promotions, and major refurbishments.

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If a company engages in perfect price discrimination, it is attempting to O attract more customers by charging lower prices to groups of new customers. O charge each customer their reservation price. O try different prices until it finds the exact market equilibrium price. O charge each customer the lowest price they would be willing to pay.

Answers

If company engages in the perfect price discrimination, it is attempting to try different prices until it finds the exact market equilibrium price.

What is price discrimination?

When the same provider sells the same or substantially equivalent items or services in different marketplaces at different prices, this is known as price discrimination in microeconomics. The more significant variation in production costs for the differently priced products involved in the latter method distinguishes price discrimination from product differentiation. The ability to differentiate prices mostly depends on the variability of customers' willingness to pay and the elasticity of their demand. A company needs to have market power—such as a dominant market share, a distinctive product, exclusive pricing authority, etc.—for price discrimination to be successful. All prices that are subject to price discrimination are higher than the equilibrium price in a market with perfect competition. However, certain prices subject to price discrimination may be less than those set by monopolists who charge a single price.

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Big Dog Tractors is a market leader in the tractor industry that is famous for its green and yellow tractors. Copy Cat Tractors is a new entrant into the tractor market that begins selling similar-looking green and yellow tractors. Copy Cat’s sale of green and yellow tractors is most likely to be a violation of Big Dog’s intellectual property rights in its:
A. copyright
B. trademark
C. trade secret
D. patent

Answers

The above case study has the right answer as B. Trademark.

What does trademark imply?

Any word, phrase, symbol, design, or combination of these that distinguishes your products or services might be considered a trademark. Customers use it to recognize you in the marketplace and set you apart from your rivals. Both trademarks and service marks can be referred to by the term "trademark."

The following categories can be considered under trademarks:

words and letters

photos of logos that combine words with a logo

slogans,

product shapes,

colors,

sounds

This is an example of colour Trademark.

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Porter Manufacturing Company uses a standard cost accounting system. In 2011, the company produced 20,000 units. Each unit took several pounds of direct materials and 3 standard hours of direct labor at a standard hourly rate of $10. Normal capacity was 50,000 direct labor hours. During the year, 52,472 pounds of raw materials were purchased at $1.5 per pound. All materials purchased were used during the year. If the direct labor quantity variance was $5,400 unfavorable, what were the direct labor hours actually worked?

Answers

IF the direct labor quantity variance was $5,400 unfavorable, then the direct labor hours actually worked would be 60,540 hours.



What is direct labor quantity variance?

It measures the cost of the difference between the expected labor rate and the actual labor rate. If the variance demonstrates that actual labor were higher than expected labor rates, then the variance will be considered unfavorable.

How to calculate the direct labor hours actually worked?
Labor quantity variance = 5,400 Unfavorable

(standard hour - actual hour) * standard rate = -5,400

(20,000 * 3 - actual hour) * 10 = -5,400

60,000 - actual hour = -5,400 / 10

60,000 - actual hour = -540

Actual Hour = 60,000 + 540

= 60,540

Therefore, the direct labor hours actually worked would be 60,540 hours.

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Under IFRS 15, Revenue from Contracts with Customers, which of the following is NOT one of the steps to be applied in the recognition of revenue across a wide range of transactions and industries? Multiple Choice Identify the contract with a customer. Identify the separate performance obligations in the contract, Do not separate the transaction price for separate performance obligations if the contract is a bundled contract where goods and services are not sold separately Determine the transaction price.

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Do not separate the transaction price for separate performance obligations if the contract is a bundled contract, is NOT one of the steps to be applied in the recognition of revenue across a wide range of transactions and industries.

The Five-Step Model is used by IFRS 15 to recognize and measure revenue.

* List the agreement(s) with customers (Initial Recognition).

* List the performance requirements (Initial Recognition).

* Calculate the transaction price (Initial Measurement).

* Distribute the Transaction Price (Initial Measurement).

* As soon as performance obligations are met, recognize the revenue (Recognition).

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When arguments must be passed to the base class constructor, they are passed from the derived
class constructor's header line. True/False

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True. Arguments need to be passed to the base class constructor.

What is base class constructor?

When an object is created, the base class subject is always created first; as a result, the base class constructor is called before the constructors for derived classes. The explanation for this is because objects of derived classes include subjects inherited from base classes. To initialize base class subjects, you must always invoke the base class constructor. On the member initialization list of derived classes, we typically call the base class constructor. If the base class constructor is not explicitly called during compilation, the base class subobject's default constructor will be called instead. However, calling the default constructor implicitly does not always result in success (for example, if base class defines a constructor that could not be called without arguments).

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The greenfield venture option is useful when control of proprietary technology is important in an international expansion. true or false

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True- When maintaining control over patented technology is crucial to a foreign growth, the greenfield venture option might be helpful.

A greenfield venture is a type of market entrance strategy that involves creating a new, fully-owned subsidiary and all of its facilities from scratch in a foreign nation. Through Greenfield Venture, a company can enter a new market on its own, without the assistance of an existing competitor. Even while establishing a greenfield venture is typically more difficult and expensive, the business has the most control over the process. This is so that the company may create its own culture and organizational structure by starting the project from scratch. As a result, a company has total authority over the management of its Greenfield Venture.

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