The term describes a specific item amount on which a person do not have to pay taxes is: exemption. The correct option is C.
The financial charges levied by the government on persons, businesses, or any corporation are taxes. The government imposed taxes to fund public expenditures and services like infrastructure development, education, healthcare, defense, social welfare programs, and more.
The revenue generated from taxes helps in funding the state's activities operations and services, and ensures the functioning and development of a nation. They are important aspect of public finance and are used to achieve economic and social goals as well as maintain law and order within a country.
Thus, the ideal selection is option C.
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6. assume the park receives triple the number of guests during the summer. describe what will happen on the graph and explain how the data in the demand schedule will most likely change?
The demand for tickets will likely increase with triple the number of guests, and the data in the demand schedule will also increase accordingly.
Impact of Increased Guest Numbers on Ticket DemandOn the graph, the demand for tickets would likely increase, as the number of guests has tripled. The data in the demand schedule would likely increase as well, with the number of tickets demanded increasing to account for the additional guests. The price of tickets would also likely increase as more people demand them and the park has more power to set prices.
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Chan has opened a savings account at a bank near his house. He has been given the option of online access to all transactions from this new account. He now has to decide on a password to secure the online access to his bank account. Which password can Chan use for maximum security?
Prioritize password length: Secure passwords should have at least 16 characters in order to lessen the possibility of becoming a victim of a data leak or hack. So, for maximum security, Chan can use the password (C) 123456chanbankacc!.
What do we mean by password security?Put password length first: To reduce the likelihood of being a victim of a data breach or cyberattack, secure passwords should be at least 16 characters long.
Do not reuse passwords: Credential stuffing attacks, which are regularly exploited by hackers, put you in danger if you use the same password for many accounts.
The first line of security against unwanted access to your computer and personal information is provided by passwords.
Your computer will be more secure from hackers and bad malware if your password is strong.
Strong passwords should be used for every account on your computer.
Try to include both upper- and lowercase characters, numerals, and symbols.
The use of dictionary terminology should be avoided. Swimming1 is an example of a bad password.
Therefore, prioritize password length: Secure passwords should have at least 16 characters in order to lessen the possibility of becoming a victim of a data leak or hack. So, for maximum security, Chan can use the password (C) 123456chanbankacc!.
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Complete question:
Chan has opened a savings account at a bank near his house. He has been given the option of online access to all transactions from this new account. He now has to decide on a password to secure online access to his bank account. Which password can Chan use for maximum security?
A. chan123
B. chan1234
C. 123456chanbankacc!
D. 12345chan
who are the key players in a typical mutual fund organization?
Major Players in Mutual Funds: Asset management company. An asset management company is a non-bank financial company that manages mutual funds and is approved by his SECP for the benefit of its unitholders. participant. Trustee. janitor. Registrar. sharia scholar.
A mutual fund custodian is a trust, bank, or similar financial institution responsible for the custody and protection of securities owned by a mutual fund.
Mutual fund custodians may own the assets and provide a variety of services, including fund administration, fund accounting, legal, compliance, tax support, and transfer agency services.
Mutual fund custodians are responsible for protecting and managing securities held in mutual funds.
While the Fund's portfolio manager makes trading decisions, the securities owned by the Fund are held in custodians rather than the Fund itself. This is done to reduce the risk of fraud.
In addition to storing securities and maintaining records, custodians typically provide transaction processing, foreign exchange trading, and tax services to their clients.
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in what way does operations management affect the economic stability of a firm?
Operations management affect the economic stability of a firm in several ways which include cost control, quality control, production planning etc.
Operations management plays a critical role in the economic stability of a firm. It involves the planning, organizing, and supervising of the production of goods and services, and it affects the economic stability of a firm in several ways, including:
Cost control: Effective operations management can help to minimize costs and increase efficiency, leading to increased profitability and stability.
Quality control: Operations management helps to ensure that the quality of goods and services is consistent and meets customer expectations, leading to increased customer satisfaction and repeat business.
Production planning: Effective operations management helps to ensure that production schedules are well-planned and executed, reducing the risk of stockouts and overproduction, and improving the firm's economic stability.
Resource utilization: Operations management helps to ensure that resources are used efficiently and effectively, reducing waste and increasing productivity, leading to increased economic stability.
Risk management: Operations management helps to identify and mitigate risks, reducing the potential for financial losses and improving the overall stability of the firm.
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at the end of last year, the company's assets totaled $869,000 and its liabilities totaled $744,500. during the current year, the company's total assets increased by $58,900 and its total liabilities increased by $24,450. at the end of the current year, stockholders' equity was:
at the end of last year, the company's assets totaled $869,000 and its liabilities totaled $744,500. during the current year, the company's total assets increased by $58,900 and its total liabilities increased by $24,450. At the end of the current year, stockholders' equity was: $158,950.
What is liabilities?The term liabilities refer to the part of the financial statement. The financial statement was described as the liability, which was the company's to pay the own. The liability was established in accordance with the needs of the company. The liability also referred to the past transactions of the business. The liability included money, goods, or services.
Given the amount of the company's are:
Total assets = $869,000
Total liabilities = $744,500
According to the accounting equation, total balance is the difference between assets and liabilities. Therefore,
Total equity = $869,000 - $744,500
= $124, 500
Increase in asset during the year = $58,900
Increase in liabilities during the year = $24,450
Therefore, increase in equity
= $58,900 - $24,450
= $34,450
Stockholders' equity at the end of the year is made up of the beginning balance and the rise during the year. Hence,
current year's stockholders' equity = $124, 500 + $34,450
= $158,950
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what are departmental accountable officials responsible for
The departmental accountable officials are responsible for maintain the public funds and maintain the draws checks on accounts.
The accountable officials or accountable officer is the head of an organization like Agency and is responsible for the financial management of that organization.
The departmental accountable officials is the civilian employee or workers which provides to the DoD certifying the officer information, data or the services which are directly relied by the certifying official for the payments.
The DoD stands for the department of defense in the United States is an executive branch of department of fed government and directly related to the United States armed forces.
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Anneika Lafferty and her friend Bernie Williams started an Internet business 15 months ago selling affordable musical instruments for beginners. They named it A&B Musical Instruments. Because they live near each other, Bernie keeps the inventory in his garage and Anneika has the computer system, phones, and office space in her home. While the business has done well financially, it requires more time than either expected and affordable instruments for resale are not easy to find. They have decided to try to sell the business and create a different type of online business. A larger Internet music company wants to buy them but the $50,000 offered is not nearly what Anneika and Bernie expected, based on the company’s potential. They quickly reject the offer. The offer is based on last year’s balance sheet, shown below, and the income statement, which showed $175,000 in sales and $110,000 in expenses. Many of the expenditures were to get the business started.
Principles of Effective Management
Think Critically PLEASE COPY AND PASTE THE QUESTIONS BELOW IN YOUR TEXTBOX AND ANSWER IN RED FONT
On what basis did the potential buyer probably make the $50,000 offer? What did the buyer learn from the sellers’ rejection?
RED FONT
How might the working capital, current ratio, and return on sales have affected the offering price? Prepare the necessary calculations before answering.
RED FONT
Assume you wish to buy the company. What additional information would you want to gather from the sellers?
RED FONT
The potential buyer probably made the $50,000 offer based on the financial data available to them, which was last year's balance sheet and income statement.
The balance sheet shows the assets, liabilities, and equity of the company as of a specific date, while the income statement shows the company's revenue and expenses for a specific period. The buyer could have used this information to estimate the company's value, taking into account the company's sales, expenses, and assets.
What are the responses to other question?The working capital of A&B Musical Instruments can be calculated by subtracting the company's current liabilities from its current assets. A high working capital indicates that the company has sufficient resources to pay off its short-term debts, which could be attractive to potential buyers.
The current ratio is another financial metric that can indicate the company's ability to pay off its short-term debts. It is calculated by dividing the company's current assets by its current liabilities. A high current ratio generally suggests that the company is in good financial health. The return on sales (ROS) is calculated by dividing the company's net income by its total sales. A high ROS indicates that the company is generating a high profit margin, which can be an attractive feature for potential buyers.
If I wished to buy the company, I would want to gather more information about the company's future growth prospects, the demand for its products, and any potential challenges that it may face. I would also want to understand the company's marketing and sales strategies, as well as its supply chain and logistics operations.
Additionally, I would want to review the company's contracts, leases, and legal agreements, as well as its intellectual property and other assets.
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What is an example of a normative economic statement?
The example of a normative economic statement is "The government should provide universal health care to all citizens regardless of income." It is a statement that expresses a value judgment about economic policy or outcomes.
This statement expresses a value judgment that providing universal health care is a desirable policy, a judgment that may be based on ethical, moral, or economic foundations. In this case, the statement implies that providing universal health care is a fair, just, and economically sound policy. Normative economic statements are often used by economists to express opinions about economic policy and to recommend solutions to economic problems.
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Based on your research, what does the acronym (letters) FDIC stand for? Federal Deposit Insurance Corporation.
Based on research, the acronym FDIC stands for Federal Deposit Insurance Corporation.
What is Federal Deposit Insurance Corporation?The Federal Deposit Insurance Corporation( FDIC) is one of two agencies that supply deposit insurance to depositors in American repository institutions, other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is United States government pot supplying deposit insurance to depositors in American marketable banks and savings banks. The insurance limit was originallyUS$,500 per power order, and this was increased several times over the times. Since the enactment of the Dodd – Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to$,000 per power order. The FDIC also examines and supervises certain fiscal institutions for safety and soundness, performs certain consumer- protection functions, and manages receiverships of failed banks.
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Which one of the following bodies issues the financial reporting standards that must be followed by most UK listed companies?
- UK's Accounting Standards Board
- International Accounting Standards Board (IASB)
- Financial Reporting Council
- London Stock Exchange
Financial Reporting Council (FRC) issues the financial reporting standards that must be followed by most UK listed companies
The FRC is responsible for setting and promoting high-quality financial reporting standards, ensuring that financial information is transparent, and providing assurance that the public can rely on financial information.
The FRC's role is to maintain confidence in the UK financial reporting framework and promote high-quality financial reporting standards in the public interest.
The standards issued by the FRC include UK Generally Accepted Accounting Principles (UK GAAP), International Financial Reporting Standards (IFRS), and the Financial Reporting Standard for Smaller Entities (FRSSE). UK listed companies are required to follow these standards when preparing their financial statements.
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The income statement shows the results of business operations for a specific period of time. When expenses are greater than revenue, this is called _________.
Net Loss
The income statement shows the results of business operations for a specific period of time. When expenses are greater than revenue, this is called net loss.
A net operating loss (NOL) happens under U.S. Federal income tax law when certain tax-deductible costs exceed taxable receipts for a taxable year. An imbalanced tax burden develops when a taxpayer is taxed during lucrative times while receiving no tax relief (e.g., a refund) during NOL periods. As a result, in some cases, Congress enables taxpayers to utilize losses from one year to offset earnings from previous years.
The NOL amount is normally the excess of deductions over income from the operation of a business for people. Net loss is also distinct from gross loss, which is the negative amount remaining after deducting the cost of items sold from total revenues. The net loss for a given time comprises both income and costs.
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What staffing would be more likely to be on a pre-production phase. O A Systems designer O A Data designer O One of each data designers O A full staff of systems an O All of the above O None of the above
A Systems designer, A Data designer, One of each data designers, A full staff of systems would be more likely to be on a pre-production phase .
Option E is correct .
All of the above .
After development and before production, preproduction is the first step in the production of a movie. The script must be completed, the cast and crew must be hired, venues must be found, the necessary equipment must be decided, and the budget must be established.
Through the scouting and selection process, they are in charge of finding filming locations that complement the Director's and Production Designer's vision as well as securing all necessary contracts, insurance, permits, and operational requirements for filming locations, all while staying within a budget.
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specialization in production was the starting point for adam smith in: the general theory. the wealth of nations. das kapital. free to choose.
The Wealth of Nations, written by Adam Smith, was founded on the concept of production specialization.
Who was Adam Smith?
Scottish economist and philosopher Adam Smith FRSA was a prominent figure in the Scottish Enlightenment and a pioneer in the field of political economy. He wrote two influential books, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1781), which are sometimes referred to as "The Father of Economics" or "The Father of Capitalism" (1776). The latter, frequently shortened to "The Wealth of Nations," is regarded as his pinnacle achievement and the first contemporary work to approach economics as a full system and an academic field.
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For a two-stock portfolio, the maximum reduction in risk occurs when the correlation coefficient between the two stocks equals A) -1.0. b) -0.5. c) +1.0 d) 0.0.
The correct option is A) The maximum reduction in risk occurs when the correlation coefficient between the two stocks equals -1.0.
When investing in a two-stock portfolio, it's important to consider the relationship between the stocks. The correlation coefficient between the two stocks can affect the maximum reduction in risk for the portfolio.
In finance, the correlation coefficient is a statistical measure that describes the relationship between two stocks. A correlation coefficient of +1.0 indicates a perfect positive relationship, meaning that the two stocks move in the same direction.
A correlation coefficient of -1.0 indicates a perfect negative relationship, meaning that the two stocks move in opposite directions. A correlation coefficient of 0.0 indicates no relationship between the two stocks.
When considering the maximum reduction in risk for a two-stock portfolio, it is important to understand the correlation coefficient between the two stocks. If the stocks have a high positive correlation, they are likely to move in the same direction, and if they have a high negative correlation, they are likely to move in opposite directions.
The maximum reduction in risk occurs when the correlation coefficient between the two stocks equals -1.0. This is because the returns of the two stocks will move in opposite directions, and the portfolio's overall risk will be reduced.
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Which of the 4Es explains why corporate blogs tolerate negative customer posts? Engagement.
Engagement is one of the 4Es of marketing, and it is an important factor in the success of corporate blogs. Engaging with customers, especially when it comes to negative comments or posts, is essential for building trust and creating relationships with customers.
By allowing and responding to negative customer posts on corporate blogs, businesses are showing that they are open to feedback and are willing to listen to their customers. This demonstrates a level of commitment to customer service and satisfaction, and helps to build trust between the company and its audience.
Furthermore, it allows companies to address any issues that customers may have, and to provide solutions in a timely manner. Overall, allowing negative customer posts on corporate blogs is essential for businesses looking to build a loyal and engaged customer base.
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2. why have starbucks’ customer satisfaction scores declined? has the company’s service declined or is it simply measuring satisfaction the wrong way
It is difficult to determine the exact reason for the decline in Starbucks' customer satisfaction scores as it may be due to a combination of factors such as changes in the company's service, customer expectations, competition, and how satisfaction is measured.
It is possible that Starbucks' service quality may have declined, leading to lower customer satisfaction, but it is also possible that the company's methods for measuring customer satisfaction may be inadequate or outdated. Ultimately, a thorough analysis of the company's operations, customer feedback, and satisfaction metrics is needed to determine the root cause of the decline. Starbucks, like many other companies, measures customer satisfaction through various methods such as surveys, customer feedback, and complaint management systems.
Changes in Service Quality. Increased Competition.Changing Customer Expectations.Inadequate Measurement Methods.To address these issues and improve customer satisfaction, Starbucks may need to review and update its service standards, invest in new technologies and processes, and conduct regular customer satisfaction surveys to understand their customers' evolving needs and expectations.
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what types of investors should take into consideration the risk of a holding period?
All types of investors should take into consideration the risk of a holding period, as it can have a significant impact on the potential returns and overall success of an investment. However, certain types of are more susceptible to the effects of holding period risk and should be especially cautious when evaluating this factor. These include:
Short-term investors: Investors who plan to hold their investments for a short period of time, such as a few months or less, are more susceptible to the effects of holding period risk as they have less time to wait for market fluctuations to even out.High-risk tolerance investors: Investors who are willing to take on a higher degree of risk in order to achieve greater returns are more susceptible to the effects of holding period risk as they are more likely to invest in high-risk securities.Active traders: Investors who frequently buy and sell securities in the hope of profiting from short-term market movements are more susceptible to the effects of holding period risk as they are more likely to be affected by sudden market fluctuations.Individual investors: Individual investors who are not professionally trained in investing or do not have access to the same resources as institutional investors may be more susceptible to the effects of holding period risk as they may not have the knowledge or tools to effectively manage their investments.To read more about investors, visit-
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Which one of the following statements is correct?
A. A longer payback period is preferred over a shorter payback
period.
B. The payback rule states that you should accept a project if the
payback period is less than one year.
C. The payback period ignores the time value of money.
D. The payback rule is biased in favor of long-term projects.
E. The payback period considers the timing and amount of all of a
project's cash flows.
The statement is correct "the payback period ignores the time value of money". The correct option is C.
The payback period is the time interval in which the investment to recover its initial outlay in the term of the profits and savings. The formula to calculate, the payback period is equal to the initial investment upon the cash flow per year.
The best payback period is the smallest time interval. If the investment or re-paid is do as soon as possible in the good payback period.
The payback period ignores the time value of money is determined by the time or number of years to recover the funds which is invested by the investor. The time period is not account for what happen after the payback occurs.
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Option C is correct. The time value of money is ignored during the payback period.
The payback period is the amount of time an investment needs to generate profits and savings to cover its initial cost. The payback period is calculated using a formula that bases it on the initial investment and annual cash flow.
The shortest amount of time has the highest payback. Invested money should be repaid as soon as possible during a favorable payback period. The amount of time or years needed to recover the money an investor has invested is used to determine the payback period, which disregards the time value of money. The time frame does not take into account what happens after the payback takes place.
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you want to make sure the basic, 'happy path' where a user searches for, selects, and purchases a product is working properly. what type of test is the best choice?
Canary releases (or canary launches or canary deploys) allow developers to test features incrementally with a small group of users.
Feature toggles in software development provide an alternative way to manage multiple feature branches in your source code. Conditions in code enable or disable functionality at runtime. In an agile setting, switches are used in production to enable functionality for some or all users as needed. So the feature toggle makes it easier to share often. Advanced rollout strategies such as canary rollouts and A/B testing are easy to work with. Notable feature switching services include ConfigCat, Flagsmith, and Split.io.
Feature toggles support continuous delivery even when new releases are not continuously deployed in production. This feature will be merged into the main branch before completion. This version is deployed once in a test environment and can be tested with the feature turned on using a switch. Shorter software integration cycles and ready-to-use versions can be delivered.
His third application of this technique is to allow developers to release versions of their products with unfinished features. These unfinished features are hidden (toggled), so they are not visible in the UI. Merging features in and out of the production branch is less complicated, so many small incremental software versions can be used.
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what is the tokyo channel in forex
The Tokyo Channel in Forex refers to the price range that is created during the Tokyo trading session.
What is Tokyo Channel?Generally, The Tokyo Channel is an important indicator of the overall market sentiment and direction of the currency pair.
It is often used by traders to decide when to enter or exit a trade and to identify potential support and resistance levels.
The Tokyo Channel is also used to identify potential trading opportunities and to assess the volatility of the market.
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which answer least describes the entrepreneurial aspect of starbucks?
Option B - Starbucks focuses on maximizing profits by constantly cutting costs and increasing efficiency.
While maximizing profits is important for any business, the entrepreneurial spirit is often characterized by a willingness to take risks and pursue bold, innovative ventures. While Starbucks has certainly grown and become more efficient over the years, they are also known for their commitment to high-quality coffee, sustainability, and ethical sourcing, which suggests that they prioritize these values over simple cost cutting and profit maximization. By contrast, option B describes a more conservative, risk-averse approach that is not typically associated with entrepreneurship.
which answer least describes the entrepreneurial aspect of starbucks?
Option A: Starbucks was founded with the goal of providing high-quality coffee and a unique coffeehouse experience.
Option B: Starbucks focuses on maximizing profits by constantly cutting costs and increasing efficiency.
Option C: Starbucks has a commitment to sustainability and ethical sourcing, often prioritizing these values over financial gain.
Option D: Starbucks prioritizes steady, incremental growth over taking risks and pursuing bold new ventures.
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which of the following represents an ethical challenge? multiple choice question. paul and kevin conducted a videoconference about the new product line since they were both home sick. zeynep's company uses only green materials, but he is tempted to use a cheaper supplier whose products are not environmentally friendly. tonya told the supplier that recycled parts were important because her company wants to save money. connor decided to text his sales order into the home office in order to make sure it was received on time.
The ethical challenge in this list is represented by "Zeynep's temptation to use a cheaper supplier whose products are not environmentally friendly."
Hence, option (b) is the correct choice.
Ethics training is a programme in which workers of a company are taught certain business ethics that will benefit the workplace. A well-designed ethics training programme assists businesses in improving employee morale as well as resolving all legal and unlawful business challenges.
A team is defined as a collection of individuals who undertake interdependent activities in order to achieve a shared aim or specified goal.
Family values are traditional or cultural values that apply to the structure, function, roles, beliefs, attitudes, and aspirations of the family. As a result, the family structure becomes a wellspring of ethics.
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how can communication systems facilitate logistics management in the aftermath of situations such as terrorist attacks and natural disasters?
communication systems facilitate logistics management by the use of information instead of inventories is one instance. Delivery times increased as a result of the complete shutdown of the American aviation system that followed the September 11, 2001 terrorist attacks.
What fundamentals of logistics management are there?The efficient and successful administration of daily operations involved in manufacturing the finished goods and services provided by the company is the subject of logistics management. Understanding the fundamentals of supply chain management, warehousing, transportation, and inventory management are all part of logistics management. Planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption in order to satisfy customer requirements is known as logistics management.
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according to the text, what is the ultimate hallmark of success for a business? question 5 options: maximum sales short-term sales long-term survival maximum profits
according to the text, maximum profits is the ultimate hallmark of success for a business.
earnings from commerce or company after covering the expenses associated with manufacturing and distributing products and services: Selling textile firms waste material allows her to make a sizable profit. Profit in economics is the difference between the income generated by an economic entity's outputs and the sum of its input costs. It is equivalent to total income less total expenses, which includes both direct and indirect expenses. The money that remains after paying your company expenditures is your profit. Gross profit, operational profit, and net profit are the three primary forms of profit. The largest profit is gross. The amount left over after paying for the sold products and services is displayed.
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Characteristics of activity-based costing include: Select one: O a. a greater number of overhead cost application bases compared to conventional costing systems. O b. the overhead cast application bases are likely to be more accurate cost drivers than would be the case in conventional costing systems. O c. the simplicity of the system makes it easy to implement. O d. both A and B. O e A, B and C.
Characteristics of activity-based costing include the overhead cast application bases are likely to be more accurate cost drivers than would be the case in conventional costing systems.
Costs are initially assigned to activities and subsequently to products in activity-based costing (ABC). It is a method that places an emphasis on tasks carried out to create products. The ABC method makes the assumption that the demand for activities is created by the activities that result in expenses and products. The assignment of specific resources to objects is the aim of activity-based costing. It highlights the individual actions that drive up production costs, assisting team leaders in developing more informed pricing and manufacturing plans.
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what is the value today of a money machine that will pay $1,705.00 per year for 12.00 years? assume the first payment is made 9.00 years from today and the interest rate is 14.00%.
The value of the money machine today is the present value of the 12 payments made over 12 years at a 14% interest rate. The present value is calculated by taking the future value of all payments and discounting it back to today's value.
The present value of the money machine is calculated as follows:
First, we need to calculate the future value of the 12 payments made over 12 years. This is done by taking the amount of each payment – $1,705 – and multiplying it by the present value factor for an annuity due at a 14% rate for 12 periods. This equals $33,328.
Then, the future value should be discounted back to today's value using the present value factor for an annuity due at a 14% rate for 9 periods. This is done by dividing the future value of $33,328 by the present value factor of 0.5526. This equals $60,038.
Therefore, the present value of the money machine today is $60,038. This means that the investor is expected to receive payments of $1,705 each year for 12 years, assuming the first payment is made 9 years from today.
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how do create a monthly journal entry debiting home office and crediting owner contribution
Recording Owner Contributions
Open the checking account book, Specify the date, Fill out the deposit amount in the column., choose Owner Investment (or Contribution) Account. and the transaction is saved or recorded.
When a sole proprietorship owner makes a cash or asset contribution to the company, that contribution is noted in the financial records of the business by debiting the Cash.
The typical journal entry is for the company to credit the contributed capital account and debit the cash account for the amount of cash received when an investor pays for shares of the company's stock.
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sam jones, mary adams and larry brown have been talking about starting their own business for several years. sam is an electronic repairman, mary is a partner in a large law firm, and larry is an excellent salesperson. sam and larry will work in the business on an equal basis. it cost $100,000 to start the business. sam has no money, mary has $60,000 and larry has $40,000. if they form a partnership, how would you recommend that they organize?
I would recommend that they form a general partnership, with each partner contributing the amount of capital they have.
This would mean that Sam contributes his expertise and labor, Mary contributes $60,000 and Larry contributes $40,000. Each partner would have equal ownership and management rights, and profits and losses would be shared equally among them.
This structure would allow for ease of formation and flexibility, and each partner's contributions are clearly defined. It also aligns with the fact that Sam and Larry will be working in the business on an equal basis.
However, it's important to note that in a general partnership, each partner is personally liable for the debts and obligations of the business. To protect themselves, they should consider obtaining liability insurance and creating a comprehensive partnership agreement.
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are there any areas of finance that are more conducive to machine learning techniques than others and why?
The key advantages of machine learning in finance are that it makes product marketing easier and aids in the creation of precise sales predictions.
Are there areas of finance that favor machine learning techniques more than others, and why?
Machine Learning is unmatched for predicting financial trends. By analyzing large datasets, it can predict future trends and identify upcoming threats and opportunities that influence better investment decisions. An example of this would be machine learning programs that use different data sources for loan applicants and assign them a risk score. ML algorithms could then easily predict failing customers to help companies redesign or adjust conditions for each customer. ML can help banks quickly identify and verify user activity and respond to cyber attacks quickly and effectively.
In addition to rule-based fraud detection, machine learning enables real-time visualization of large amounts of data and minimizes human intervention.
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when backed by buying power, wants become
When backed by buying power, people's wants become the main factor driving economic decisions.
With money to spend, people's desires for goods and services become the driving force in the economy. This creates a cycle of demand that, in turn, affects production and supply.
When people have money to spend, businesses have an incentive to increase production and supply of goods and services. This motivates them to develop new products and services that meet people's wants. They also need to find new, creative ways of marketing and distributing products.
This all creates more jobs, which in turn leads to more buying power and even more wants. The cycle continues. As buying power increases, so does the demand for goods and services, which affects production and supply.
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