The purposes of government participation in business are to provide public goods, enhance public welfare, safeguard public health, manage workplace conditions, maintain economic stability, defend certain industries, and protect consumers and investors.
What are the purposes of governments involvement in business?The protection of the consumer or customer is part of the government's responsibility in business. The buyer has legal options available to them if the vendor violates the promise. The courts may also hold a vendor or manufacturer accountable when a product hurts a person.To function, the majority of enterprises must register with the state government. While other types of organizations, including partnerships or limited liability companies, require different types of registration, corporations must have a charter. The purpose of this registration is often to outline the extent of the firm owners' financial responsibility.Their risk is constrained to the sum they have invested in that specific company. In order to carry out its various business-related duties, registration also enables the government to monitor businesses.Learn more about governments involvement in business refer to :
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finley corporation has monthly fixed costs of $240,000. it sells two products for which it has provided the following information.
The contribution margin for the company is $10.
What is contribution margin?The difference between the selling price per unit and the variable cost per unit is known as the contribution margin (CM), also known as the dollar contribution per unit (DCPU). The amount of sales revenue known as "contribution" aids in covering fixed costs and is not utilized to cover variable expenditures. This approach is one of the cornerstones of break-even analysis. Analysis of contribution margins, a measure of operating leverage, evaluates the effectiveness with which increasing sales result in increasing profits. The fixed and variable costs of the company are combined in the contribution income statement, a management accounting version of the income statement, to determine contribution margin. Contribution margin calculations can be used by managers to determine whether to preserve or eliminate specific business features.
Contribution margin= 240000/24000=10
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Question:
Finley corporation has monthly fixed costs of $240,000. it sells two products for which it has provided the following information. Find the contribution margin of the company?
why is it necessary to convert accrual-basis net income to cash-basis income when preparing a statement of cash flows?
When preparing the cash flow statement, the accrued net income should be converted to a cash basis as the cash management is shown in the statement. Cash is the fuel that enables a company to operate, and its liquidity and flow not only affect profitability, but also business.
What is accrued net income?
Accrued income is revenue that you have earned but have not yet received. Both individuals and businesses can receive accrued earnings. Although not yet in hand, accrued revenue is recognized on the books as it is earned, in accordance with accrual accounting policies.
What is a Cash Basis Income Statement?
A cash-based income statement is an income statement that includes only income received in cash from customers and expenses with cash.
What is the difference between cash basis and accrual basis?
The cash basis allows companies to recognize income and expenses only when cash is actually received or paid. Accrual accounting tracks when income and expenses occur (when an invoice is sent or when an invoice is received) rather than when money actually changes hands.
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value-based pricing strategies are anchored to the . group of answer choices floor production costs ceiling competition
Answer:
Explanation:
Value-based pricing strategies are anchored to the consumers recognized value of services.
What is value-based pricing?
Value-based pricing is a way of setting prices mainly focusing on the consumers identified values of services or products. It basically means that companies estimates their pricing on the basis of importance levels of consumers for particular products or services.
It differs in contrast to cost plus pricing that lays emphasis on the production costs for pricing computations.in This pricing strategy companies that offers highly valued services are well above than the companies that focuses on selling commoditized goods.
What are the advantages of value-based pricing?
The main advantages of value based pricing is that it leads to higher price points followed by possible increment in brand values. Additionally, value-based pricing promotes loyalty amongst customers and al so helps to include feedback from customers in designing upcoming products.
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an umbrella policy is designed to cover: multiple choice expensive personal property. flood damage. property when traveling away from home. additional buildings on your property. major personal liability claims.
An umbrella policy is designed to cover major personal liability suits.
What does an umbrella policy serve?
Having umbrella liability insurance shields you against the potential financial repercussions of particular unforeseeable situations that result in harm or property damage and for which the policyholder is held liable.
Is having an umbrella policy worthwhile?
Umbrella insurance typically delivers good value for the money due to its high coverage limit. However, you might also find yourself having to pay more for your other insurance coverage if you have to increase your liability insurance to reach the minimum levels needed for umbrella insurance.What does an umbrella insurance policy not cover?
You receive additional liability protection with an umbrella policy. This can aid in defraying the expense of harming other people or damaging their property.
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why are russian press outlets still under a significant amount of government control, even though they are privately owned?
The Russian press outlets are still under a significant amount of government control, even though they are privately owned. The recent history of the Russian media shows how the media system was preconditioned by the country's political development.
In the 1990s the Russian media system underwent major transformations following the collapse of the Soviet Union. Still, the development of the new Russian media system in the direction of the Western ideal was constrained by the deeply rooted cultural and professional traditions of Russian journalism. Russian media continued to be used as tools of political control.
Because of the constrained political environment, Russian media were unable to resist the pressure from the state and succumbed to the well-known conformism pattern according to which they've been operating in the Soviet times.
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according to the capm, what is the required rate of return for a stock with a beta of 0.7, when the risk-free rate is 7% and the expected market rate of return is 14%?
According to the capm, the required rate of return for a stock with a beta of 0.7, when the risk-free rate is 7% and the expected market rate of return is 14% is 11.9%
CAPM is an acronym of Capital Asset Pricing Model and it is a financial model that calculates the expected return for an asset or investment. CAPM will calculate by using the expected return on both market and from a risk-free asset, also with the asset's correlation with the beta value (sensitivity to the market).
Based from the question given, what is the required rate of return for the stock?
The return is computed with this formula
= Risk free rate + Beta * (return on market - risk free rate)
= 7% + (0.7 * (0.14 - 0.07))
= 0.07 + (0.7 * 0.07)
= 0.119 = 11.9%
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life savers gummies fruit splosions, liquid-filled gummies combined with a burst of real fruit juice, are a new product for the wrigley co.. before marketing the product nationwide, wrigley gave out samples of the candy at several rock concerts and then recorded consumers' feelings about the candy, its taste, and its name. in which stage of the new-product development process would this have happened? group of answer choices prospecting brainstorming focus group management test marketing screening
In this stage of the marketing test process, new product development will occur.
The notion of marketing is a comprehensive, integrated, and planned process carried out by an organization or institution in conducting business to be able to accommodate market demand by creating products with selling value, determining prices, communicating, conveying, and exchanging offers that are of value to consumers, clients, partners and the general public.
In simple terms, the definition of marketing is more identified with the process of introducing a product or service to potential consumers. These aspects of marketing include advertising, public relations, promotion, distribution, sales, and customer service.
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after abby graduated from college last year, her uncle created an accounting position for her in his business. her older brother is in charge of purchasing inventory for the store, yet often the store runs out of popular items or is overstocked with products that must be marked down to be sold. abby is confident that her brother is more suited for handling accounting and finance, while she has a sense of what sells and how much sells. although she has spoken with her uncle about it a couple of times, he seems reluctant to change. as the founder of the business, he may multiple choice find it difficult to remove family members from positions, even if it is not good for the business. find it difficult to retrain abby for the job, and even though his business is losing opportunities, he will stay the course. know that profit margins have declined, but he doesn't care. have a bigger picture of things, and not feel the need to respond to a family member's request.
He may, "Find it difficult to remove family members from positions, even if it is not good for the business."
When a family member hires close relatives or friends, they frequently do not want to let them go. They aim to keep family disputes at bay because they can interfere with corporate operations. The function of the brothers in the company should be altered by Abby's uncle so that it may operate more efficiently and avoid having unsold inventory.
The brother might wish to switch roles, but he is hesitant to ask the uncle for fear that he would become angry. The best course of action in this kind of circumstance is to convene a family or business meeting, discuss the various duties, and then simply ask if anyone would like to switch roles in the company.
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which of the following are characteristics of chapter 13 bankruptcy provisions? i. a repayment plan is implemented. ii. the debtor is typically required to relinquish assets. iii. debt payments may be reduced so payments are more manageable for the debtor. iv. generally, chapter 13 bankruptcy is more favorable for creditors than chapter 7 bankruptcy. which of the following are characteristics of chapter 13 bankruptcy provisions? i. a repayment plan is implemented. ii. the debtor is typically required to relinquish assets. iii. debt payments may be reduced so payments are more manageable for the debtor. iv. generally, chapter 13 bankruptcy is more favorable for creditors than chapter 7 bankruptcy. i and ii i , iii, and iv i and iii ii and iv
A the repayment plan is implemented, the debtor is typically required to relinquish assets, and generally, chapter 13 bankruptcy is more favorable for creditors than chapter 7 bankruptcy.
An economic entity or a business can own or control any resource as an asset. It is anything that has the potential to generate gains in terms of the economy. Assets are ownership value that can be exchanged for cash. An asset is a resource with economic value that a person, organization, or nation owns or manages with the hope that it will someday be useful. People or other entities who are unable to pay their creditors back can seek some or complete relief from their debts through the legal process known as bankruptcy. Most often requested by the debtor, bankruptcy is imposed by a court order in most jurisdictions.
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Independently owned businesses that take title to the merchandise they handle. In different tradesthey are called jobbers, distributors, or mill supply houses. Include full-service wholesalers and limitedservicewholesalersMerchant wholesalers
Merchant wholesalers , merchant wholesalers take ownership to the products they offer, meaning they acquire and sell products on their own behalf.
Who do merchant wholesalers sell to?In general, merchant wholesalers take ownership to the products they offer, meaning they acquire and sell products on their own behalf. Items with a typical life expectancy of three years or more are considered durable products, whether they are new or old.The two most common categories of intermediaries in indirect sales are merchant wholesalers and agency wholesalers. The ownership of the goods they sell is the key distinction between them. Agent wholesalers only receive commissions for their sales, while merchant wholesalers own the products they sell outright.Retailers and manufacturers can also be wholesalers. For instance, General Mills manufactures a variety of foods, such as cereal. Then they give cereal to supermarkets that sell products to consumers.To learn more about merchant wholesalers refer,
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The Consumer Price Index (CPI) is constructed by:
a. estimating the prices of goods and services in the economy at the same rate as the cost of living increases.
b. comparing the value of a "market basket" of goods that consumers typically purchase to the value of the basket in a base year.
c. comparing the value of a "market basket" of goods that consumers typically purchase to the value of the basket in cities around the country.
d. averaging all prices of goods and services in the economy.
CPI is a measure of the price level in an economy. It is calculated as a ratio of expenditures of goods in a market basket in a given year and the expenditure of the same basket in a base year.
The Consumer Price Index (CPI) is Comparing the value of a market basket of goods that consumers typically purchase to the value of the basket in a base year.
What does "Consumer Price Index" mean?
Inflation is measured using the consumer price index (CPI). It is used to calculate the typical change in home product price between two specified periods.
It is an overall assessment of product pricing trends while maintaining quality.
What occurs when the CPI rises?
A rise in the CPI indicates that there has been an increase in the average change in price over time.
Changes in the cost of life and income eventually result from this (presumably so that income is adjusted to meet a higher cost of living). Indexation is the name given to this procedure.
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marcus has a $150,000 7.5% mortgage. his monthly payment is $1,010.10. his first payment will reduce the principal to an outstanding balance of
If Marcus has a $150,000 7.5% mortgage. his monthly payment is $1,010.10. his first payment will reduce the principal to an outstanding balance of $149,927.40.
How to find the reduction in principal amount ?Interest rate for 1 month = (7.5/12)%
Interest rate for 1 month = 0.635%
Outstanding balance = Beginning outstanding balance + (Interest rate × Beginning outstanding balance)
Outstanding balance = 150000 + (0.625% × 150000)
Outstanding balance = 150000 + 937.5
Outstanding balance = $150937.5
Reduction in principal amount = Outstanding balance - First monthly payment
Reduction in principal amount = $150937.5 - 1010.10
Reduction in principal amount = $149,927.40
Therefore the reduction in principal amount is $149,927.40.
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How do we use information properly?.
Information aids in the avoidance of research duplication.
What is an information and how to use it properly?Data used by people to make sense of the world is defined as information. It is knowledge that has been gained or shared through study, instruction, investigation, or news, and it is shared through the act of communicating, whether verbally, nonverbally, visually, or in writing.Here are a few tips for making better use of information and thinking more efficiently:
Be quiet and attentive.Never ignore what your emotions are telling you.Never think when under duress.Never concentrate on a single point of view.Information aids in avoiding research duplication. Information is attained thought processes of users, especially scholars. Scientists, engineers, scholars, and others can use information to stay informed about current advancements in their fields and to stay current.To learn more about information refer to :
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FILL IN THE BLANK. In ____ auctions, one buyer wants to purchase a product or service; these auctions result in ____ prices over time
In forward, auctions, one buyer wants to purchase a product or service; these auctions result in higher prices over time.
A customer is an person or enterprise that purchases every other company's items or services. Customers are critical due to the fact they power revenues; without them, corporations cannot maintain to exist.
People purchase merchandise or services primarily based totally on emotional desires or wants, after which justify their buy logically. So, withinside the qualifying section of the income technique you want to discover what the preferred effects are your prospect is seeking.
A product is a tangible object this is positioned available in the marketplace for acquisition, attention, or consumption, whilst a provider is an intangible object, which arises from the output of 1 or extra individuals.
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Who is the most senior it executive that managers the it department and is seen as the executive who can successfully lead the organization in its efforts to apply it to advance its strategies
During the primary of those phases, the initiation part, the project objective or want is identified; this could be a business drawback or chance.
Business skills are needed to grasp however IT is applied to business things and to make sure that the IT delivers real business worth. Analysts are continuous drawback solvers at each project and also the structure level, and they place their analytical skills to take a look at often.
A post-project review is a very important tool project managers will use at the top of a project. when organizing and implementing a project, managers will use the review to research the team's method to form suggestions for future comes. within the review, team members compare the planned results with the particular results.
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bertie bott's every flavour beans was originally just a product in the harry potter book series, but it is now actually available for purchase. this is an example of blank
The transformation process from which a product, item, or property from a movie, game, book, or other fictional source is being produced and sold in real life is called defictionalization.
Defictionalization is the exact opposite of product placement, in which a real-life product or brand appears in a movie. Defictionalization products usually serve as merchandise or memorabilia from a particular film or franchise. This product enables consumers to have a more immersive experience of a film.
For example, by eating Bertie Bott's every flavor beans, consumers can imagine themselves as a member of the Wizarding World and relive the point of view of the characters in the movie.
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when a company uses a allocation rate there is only one base for allocating all overhead costs to products or other cost objects. (enter only one word.)
When a company uses a allocation rate there is only one base for allocating all overhead costs to products or other cost objects is companywide allocation rate.
What is meant by overhead cost?The expenditures involved in running a firm that aren't related to developing or manufacturing a good or service are known as overhead costs, often known as overhead or operating expenses. They are the costs a business must pay to remain open, regardless of how successful it is.
Indirect costs, such as rent, utilities, insurance, and salaries for office workers and supplies, are referred to as overhead costs since they are not directly tied to the production activity. Overhead costs must be paid even if there is no production.
Since these expenses are not directly related to a specific business activity and do not contribute to the creation of profits, they are classified as overhead expenditures.
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kurt busch won the 59th daytona 500 in february 2017. if he paid back a $6,800 loan with $20 interest at 7.5%, what was the time of the loan? (
t = 14.31 days is the time of the loan.
What is a loan?In a loan, a certain quantity of money is given to another person in exchange for the value or main amount being repaid at a later date.
In many circumstances, the lender increases the principal value by adding interest or finance charges, which the borrower must pay in addition to the principal sum.
A loan that is secured has some sort of collateral as security. For instance, up until the loans are fully repaid, the majority of financial institutions demand that borrowers show their title deeds or other documentation that prove their ownership of an item.
Given the following parameters
P = $6800
I = $20
rate = 7.5% = 0.075
Substitute the given parameters into the formula
Convert to days
Hence the time of the loan is about 14.31 days.
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when employees feel that they have some control and perceived rights in the organization, they are more likely to be committed to the organization. this is a concept called .
This concept is called Psychological ownership.
What is Psychological Ownership?
Employees that believe they have a stake in their business or employment are said to have psychological ownership of it. This feeling results from commitment and contribution. Enabling employees to boost their effectiveness is a powerful tool that managers who understand the potential good and negative consequences of psychological ownership can use to ensure that both people and the organization benefit. What you should know is as follows: Learning about a company and putting time and effort into it can frequently lead to a sense of psychological ownership. Positive results for the corporation, such as greater motivation, corporate responsibility, and loyalty, are linked to psychological ownership. Reciprocity between the employer and the employee is a requirement of positive psychological ownership. Territoriality and a reluctance to share are a couple of the negative consequences, though.
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true or false: an overhead variance report can be used to help management identify individual overhead costs to investigate.
Answer:
true
Explanation:
jones corp. reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet. the working capital is:
On its most recent balance statement, Jones Corp. had current liabilities of $137,000 and current assets of 193,000. The balance sheet includes the working capital.
For instance, the working capital of a corporation is 100,000 if its balance sheet shows 300,000 in total current assets and 200,000 in total current liabilities.
By dividing your current assets by your current liabilities, you may get your current ratio, which compares your current assets to your current liabilities. The current ratio is used by potential investors to assess a company's liquidity or capacity to settle short-term loans. As shown on the balance sheet, working capital is computed as current assets minus current liabilities.
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Jamie borrowed $10,000 from the bank. Eventually, the loan payments will total $11,156.
Jamie borrowed $10,000 from the bank and has to pay total loan payments of $11,156. The interest rate is 5.6%
The formula for the future value of compound interest is:
FV = PV (1 + r)ⁿ
Where:
FV = future value
PV = present value
r = interest rate per period
n = number of periods
Parameters given in the problem:
PV = $10,000
FV = $11,156
n = 2 years
Hence,
11,156 = 10,000 (1 + r)²
(1 + r)² = 11,156 / 10,000 = 1.1156
1 + r = 1.056
r = 1.056 - 1 = 0.056 = 5.6%
Hence the interest rate is 5.6%
Your question is incomplete, but most probably your question was:
Jamie borrowed $10,000 from the bank. Eventually, the loan payments will total $11,156. The loan period is 2 years, compounded annually. How much is the interest rate?
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madrid company plans to issue 9% bonds with a par value of $5,600,000. the company sells $5,040,000 of the bonds at par on january 1. the remaining $560,000 sells at par on july 1. the bonds pay interest semiannually on june 30 and december 31. record the entry for the first interest payment on june 30. record the entry for the july 1 cash sale of bonds.
Madrid company plans to trouble nine% bonds with a par fee of $five,600,000. the company sells $5,040,000 of the bonds at par on January 1. Bonds Payable $560,000 (to report the issuance of bonds).
Date debts name Debit credit
30-Jun hobby cost ($5040000 x 9% x 6/12) $226,800
coins $226,800
(the first hobby paid)
01-Jul cash $560,000
Bonds Payable $560,000
(to record issuance of bonds)
Income is sports-related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a fee is also considered a sale.
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Santiago and Amy are married and file a joint tax return, claiming as dependents their three children, ages 12, 14, and 18, as dependents. Their AGI is $140,000.
Santiago and Amy's child tax credit for 2018 is
PS: The child tax credit is $2,000 per child, and the dependent tax credit is $500 per non-child dependent. The child tax credit phases out as AGI exceeds $400,000 (married filing joint) or $200,000 (other taxpayers). The child tax credit is partially refundable (up to $1,400 per child, but no more than 15 percent of earned income in excess of $2,500). The dependent tax credit is not refundable.
To be eligible for these credits, the child must be under age 17, a U.S. citizen, and a dependent of the taxpayer.
Santiago and Amy are married and file a joint tax return, claiming as dependents their three youngsters, a while 12, 14, and 18, as dependents. Their AGI is $one hundred forty,000. Santiago and Amy's child tax credit score for 2018 is $4,000.
In view that Santiago and Amy are the joint filers and their AGI is likewise much less the $four hundred,000, they may be eligible for the credit score. but, the credit score can be claimed for 2 children because 1 toddler is above 17 years.
The maximum credit amount is $500 for each structure that meets certain situations. for instance, ODC can be claimed for dependents of any age, which include people who are age 18 or older. Dependents who have Social safety numbers or personal taxpayer identity numbers.
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in a saledate field, you can display dates as 03-jan-21, for example, by selecting medium date as the property.
In a sale date field, you can display dates as 03-Jan-21, for example, by selecting a medium date as the formal property.
To cover a question area in getting admission, open the query that contains the field to cover from the end result set in the query layout view. Then, in the QBE Grid, uncheck the checkbox in the “show” row of the field you want to cover.
Get the right of entry to automatically present the date and time in the fashionable Date and long-term codecs. The dates appear as, mm/dd/yyyy within the U.S. and as, dd/mm/yyyy outdoors the U.S. in which mm is the month, dd is the day, and yyyy is the yr.
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which one of the following statements is correct with respect to the u.s. property-casualty insurance market?
A. It is immature.
B. It functions perfectly.
C. It is cyclical.
D. It meets all consumer needs.
Answer:
C. It is cyclical.
The Correct answer is Cyclical
which is correct? a company can increase its profit by increasing production if, at its current level of production,
Marginal revenue - Marginal cost > 0 is correct for a company can increase profit by increasing production if, at current level of production.
What is Marginal revenue?Increasing product sales by one unit results in an increase in total revenue, which is known as marginal revenue, a key notion in microeconomics. Examining the difference between the total advantages a company gained from the quantity of a good or service produced during the previous period and the present period with an additional unit increase in the rate of production is necessary to determine the value of marginal revenue. With marginal cost also being taken into account, marginal revenue is a vital instrument for economic decision-making in the context of a corporation. In a market where there is perfect competition, the extra money made from selling a further unit of a good is equal to the price the company can charge the buyer.
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in the case of a manufacturing company, which of the following is an example of a value-creation process?A) Product designingB) Human resource servicesC) Public relationsD) Legal services
For a manufacturing company, legal services will be considered an example of a value-creation process.
What is value creation?The process of transforming labor and resources into something that satisfies other people's needs is known as value creation.
Any business's principal goal is to create value. It is about giving customers value so they will buy the goods or service.
These four ways of creating value are designated as follows:
A) Intentional value co-creation.
B) Value creation driven by providers.
C) Value creation driven by customers.
D) Spontaneous value creation.
value creation through marketing and sales. Customers are made aware of value through selling, which increases their willingness to pay for it. Profits are derived from the creation of value during the production or provision of services as well as the communication of value during the sales process.
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a real estate licensee must conduct a reasonably confident and diligent visual inspection of the property. this inspection duty includes:
a real estate licensee must conduct a reasonably confident and diligent visual inspection of the property. this inspection duty includes: A material fact is any fact that, if disclosed, could affect the decision of an entity in completing the transaction.
A licensee is merely a person who has the permission of the proprietor to be within the belongings, however, does not necessarily have the right to exclude others from the premises or the proper to assign or sublet the lodging. normal examples of licensees are Lodgers.
A salesperson's license permits you to perform real property corporation work for or on behalf of an agent. A salesperson needs to be supervised by using an agent or department manager whilst sporting out any real property business enterprise work. if you maintain a shop clerk's license you have to work for a certified agent.
An LIC is chargeable for the proper supervision of the enterprise of which they're in the fee. and must maintain a class 1 license within the category relevant to the enterprise. for instance, a LIC of a real property agent will need to keep a class 1 real estate agent's license.
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What is the importance of having the correct location of your business?.
The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the balance ideal work-life
Why is location important in business ?
The effort done by project managers and developers to create the finished product is referred to as labour in the software business. It is considered work for an artist to create something, whether it be a painting or a symphony. Labor was the main source of economic value according to the early political economists. Production workers receive wages for their time and labour, and these rates vary according to their training and expertise. Untrained and illiterate labour is frequently compensated at low rates. Because they provide more than their physical capacity, skilled and trained workers are referred to as "human capital" and are compensated more.
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