It is more aggressive than modeling apply to craving.
How do modeling casting carving and assembling differ?
Carving is the process of removing a form from a block of stone, wood, or another hard material by cutting or chipping. Carving is a subtractive process that delicately removes material from the outside in.
By melting down a material—often a metal—and pouring it into a mold, cast sculptures are produced. Allowing the mold to cool helps to solidify the metal, which is frequently bronze. The casting process is an additive one.
The construction and molding of a soft, malleable material (typically clay) into a shape, sometimes over an armature, is how modelled sculptures are created. Modeling is an additive process.
Sculptors gather and join diverse materials to create sculptures. Assembling is a cumulative process.
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Which of the following statements is incorrect? Select one: a. In a recession, normal goods manufacturers are expected to have reductions in the demand. b. In a recession, inferior goods manufacturers are not expected to have reductions in the demand. c. All producers are going to be negatively affected in a recession. d. None of the above is correct.
the answer of the given question is option d which is none of the above is correct.
When there is a general fall in economic activity, there is a recession, which is a contraction of the business cycle in economics. Recessions typically start when expenditure falls dramatically across the board (an adverse demand shock). Several things could cause this, including a financial crisis, a shock to international commerce, a bad supply shock, the deflation of an economic bubble, or a significant anthropogenic or natural disaster (e.g. a pandemic).
Recessions are described as "a considerable fall in economic activity spread across the market, lasting more than a few months, generally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales" in the United States.
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canal industries has provided the following information: net income, $190,000 preferred shares issued, 5,500 weighted average number of shares of common stock issued, 23,500 cash dividends declared and paid on common stock, $25,000 market price per share, $31 weighted average number of treasury shares of common stock, 3,500 what is canal's price/earnings ratio?
As per the given information, there are various things available in the canal industries like:
Net income is $190,000.
Preferred shares issued is 5,500.
Weighted average number of shares of common stock issued is 23,500.
Cash dividends declared and paid on common stock is $25,000.
Market price per share is $31.
Weighted average number of treasury shares of common stock is 3,500.
Canal's price/earnings ratio will be calculated with the help of above-mentioned information.
(1) Earnings per share = Net income ÷ (Weighted average number of shares - weighted average number of treasury shares )
= 190,000 ÷ (23,500- 3,500)
= 190,000 ÷ 20,000
= 9.5
(2) Price/earnings ratio = Market price per share ÷ Earnings per share
= 31 ÷ 9.5
= 3.26
One of the most popular stock research techniques that analysts and investors use to estimate a firm's value is the price-to-earnings ratio, or P/E.
The P/E ratio can demonstrate the overvaluation or undervaluation of a company's stock price as well as how that price compares to other stocks in the same sector or to a benchmark.
In general, a high P/E indicates that investors anticipate faster profits growth in the future than they do for businesses with a low P/E. A low P/E ratio may suggest that a firm is inexpensive right now or that it is performing remarkably well in comparison to its historical trends.
Therefore, after all the required calculations, the price/earnings ratio is 3.26.
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Which of the following could be expected when the government applies a contractionary fiscal policy? Which of the following could be expected when the government applies a contractionary fiscal policy?
Government expenditure increases are regarded as expansionary fiscal policies since they boost overall demand.
When the government adopts a contractionary fiscal strategy, which of the following is possible?Governments may implement contractionary fiscal policy to lower aggregate demand and the money supply in order to slow inflation, which will result in lower output and price levels.
Do taxes drop as a result of fiscal contraction?The government might implement a fiscal strategy of contraction to fight inflation. In this situation, there may be a combination of tax increases and spending cuts made in an effort to lower overall spending. According to many economists, the Federal Reserve's monetary policy is more effective in lowering inflation than other types of policy.
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How might a business encourage its employees to participate in a retirement investment plan?
A. By charging fines to those who do not sign up
B. By offering a limited selection of plan options
C. By charging higher transaction fees than brokers
D. By offering plans with strong returns and high fees
A business can encourage its employees to participate in a retirement investment plan by offering plans with strong returns and high fees. Hence, Option D is correct.
What is the meaning of an investment plan?Investment planning is the process of coordinating your financial objectives with your available investment capital. It is the key element of financial planning that ensures you make the most of your savings and ensures you invest money to increase its value.
A systematic investment plan is a type of investment vehicle that many mutual funds provide to investors, enabling them to make regular, small investments rather than one large one.
Offering plans with high returns and low fees is one way for a company to entice staff to join a retirement investment plan.
Therefore, Option D is correct.
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tri-coat paints has a current market value of $38 per share with earnings of $3.36. what is the present value of its growth opportunities (pvgo) if the required return is 9%?
$0.66 is the present value of its growth opportunities (pvgo) if the required return is 9%.
PVGO stands for Present Value of Growth Opportunities and represents the future growth value of a company. The PVGO index measures the potential value creation of a company by reinvesting profits back into itself. H. By accepting projects that drive future growth
Calculating the problem:Tri-coat paints has a current market value of $38 per share
They also have an earning of $3.36
The required return is 9%
= 9/100
= 0.09
The present value of its growth opportunities can be calculated as follows:
= $38-($3.36/0.09)
= $38 - $ 37.33
= $0.66
What are growth opportunities? how are they rated?In corporate finance, present value of growth opportunity (PVGO) is a metric applied to growth stocks. It represents the percentage of a company's stock value that corresponds to (expected) revenue growth.
What does high PVGO mean?A high PVGO means that the company has many growth opportunities to pursue, which could add value to the company in the future.
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D Question 4 1 pts Managers in the same company are likely to be at the same stages of moral reasoning at any given time. True False Question 7 1 pts At the core of rights reasoning is the belief that: The company's right to a profit must be protected. Respecting others is the essence of human rights. The right to join a union is no longer universally accepted. Economic and political powers determine who is right.
Match the appropriate stage of morality (in the left column) with the description of the corresponding basis for ethical reasoning (in the right column), if appropriate.
What does a logic example entail?By building a case on specific examples, a sound conclusion can be drawn. In this method, individual examples 1, 2, & 3 result in a broad generalization about the entire issue. For instance, my Sony television, audio, car radio, and video system are all in good working order.
What does logic clarify?In the justification, the "why" or "how" the assertion is supported by the evidence are explained. A description of the underlying scientific idea that gave rise to the evidence or data should be included.
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levels of production stoppages over the past year at a large laminating business were abnormally high due to machine malfunctions. would it be appropriate for the internal auditing function to develop a survey examining attitudes toward line operations, rotation of work zones, training, maintenance schedule, etc., for the machine operators to complete?
Levels of production stoppages over the past year at a large laminating business were abnormally high due to machine malfunctions. Yes, the examined areas are relevant to the malfunctions.
Failure means not working properly. If your toaster spits out what looks like burnt smoke, no matter what your toaster settings are, your toaster is definitely at fault.
Common and generally accepted malfunctions are identified as follows: Type 1, failure to jet or fire. Type 2, Stovepipe (Failure to Drain). Type 3, dual feed.
A malfunction is any alarm resulting in a fire department response that occurs due to mechanical/electrical failure, improper installation or lack of maintenance, power fluctuations, weather conditions, or firefighters unable to determine the apparent cause. means boot.
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for a fee or royalty payments, a licensee buys the right to use the company's manufacturing process, trademark, patent, trade secret, or other item of value. true false
The given statement, for a fee or royalty payments, a licensee buys the right to use the company's manufacturing process, trademark, patent, trade secret, or other item of value, is true.
What does licensing for royalties mean?A licensee pays a licensor a regular fee in return for the right to use the licensor's intellectual property, which is known as a royalty payment. This occurs when both parties join into a license agreement, which could be a more conventional intellectual property licensing agreement or be a part of a franchising arrangement.
How do you keep track of royalties?It is noted in the ledger as a credit to accrued royalties and a negative to royalty expense (assuming the royalties are to be paid at the end of the period). An author might, for instance, be paid $1 per book for the first 10,000 copies sold and $1.50 for all additional sales.
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hen a customer is aware that a brand exists and considers it a possibility if his preferred brand is out, he exhibits brand a. loyalty. b. recognition. c. preference. d. acknowledgement. e. insistence.
When a customer is aware that a brand exists and considers it a possibility if his preferred brand is out, he exhibits brand (c) recognition.
The correct option is 'c'.
A brand is a product, carrier or idea that is publicly distinguished from other products, services or ideas so that it is able to be effortlessly communicated and commonly advertised. Branding is the process of making and disseminating the brand name, its characteristics and personality.
A brand is a name, term, design, image or every other feature that distinguishes one vendor's appropriate or service from the ones of different sellers.
Branding is the manner of communicating a unique promoting proposition, or differential, that units a service or product other than the opposition. Examples of branding techniques consist of the use of emblems, taglines, jingles or mascots.
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taco bell performs a pestel analysis and finds that an important sociocultural trend in the key group of 20-29 year old customers are very likely to care about the environment and their impact on it. to best capitalize on this trend, taco bell could:
Introduce “Zero Environmental Impact” burritos. The correct answer is option (b).
What is Zero Environmental Impact?Introduce burritos with "Zero Environmental Impact" Because Taco Bell should consider adding new items to their menu that have zero environmental impact, zero impact tends to imply decreasing the effect on the environment if they conduct a Pestel analysis and discover that the sociocultural trend has a significant impact on customers who are in the age range of 20 to 29 years.
Similar to eco-accommodating, but with a stronger focus on reducing the use of nature's resources. Making as little trash as is realistically possible (also known as "zero waste") will give consumers the impression that the business cares about them and the environment in which they live, which will progressively increase sales.
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The full question is,
Taco Bell performs a PESTEL analysis and finds that an important sociocultural trend in the key group of 20-29 year old customers are very likely to care about the environment and their impact on it. To best capitalize on this trend, Taco Bell could:
Group of answer choices
a). Lobby congress for more stringent environmental guidelines
b). Introduce “Zero Environmental Impact” burritos
c). Add French fries to the menu
d). Limit the number of hot sauce packets customers can take
sales are $2.55 million in 2020, $2.65 million in 2021, and $2.45 million in 2022. what is the percentage change from 2020 to 2021? what is the percentage change from 2021 to 2022? be sure to indicate whether the percentage change is an increase or a decrease. (round your answers to 1 decimal place.)
The correct answer is “80%”. If your sales increase by 20 percent, you can expect your total sales value in the upcoming quarter or year to be $90,000.
We must divide the value change by the original value to determine the percentage change, and we must then multiply the result by 100. Start by dividing the current period's net sales by the prior period's net sales. Next, divide the outcome by the prior period's net sales. To get the % sales growth, multiply the figure by 100. Multiplying the average selling price per good or service by the quantity of those goods or services sold will get the total amount of sales. By multiplying by 100, you can convert your number to a percentage.
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What type of evidence would provide the highest level of assurance in an attestation engagement?
Evidence obtained from multiple internal inquiries
Evidence obtained from independent sources
Evidence secured solely from within the entity
Evidence obtained indirectly
The evidence obtained from independent sources, would provide the highest level of assurance in an attestation engagement.
Define an attestation engagement.In an attestation engagement, a client and an impartial third party agree that the client's material will be the topic of research and reporting. Reporting on financial estimates made by a customer is an example of an attestation activity. A type of confirmation or testimony is attestation.
A witness who also signs the document to attest to its contents and the veracity of the party's signature is typically present when a party signs a deed, a will, or another type of written document. When a professional accepts an attest contract for a government entity or agency and promises to adhere to predetermined government requirements.
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how much would it cost (in canadian dollars) for a canadian to buy a boomerang costing $52.03 australian dollars if the exchange rate is 0.93 australian dollars per canadian dollar? round to two decimal places in your answer.
The correct answer is $48.33.
In order to get the cost of a boomerang costing $52.03 Australian dollars if the exchange rate is 0.93 Australian dollars per Canadian dollar is - 0.93 × $52.03 = 48.3879.
What is the exchange rate?The price of a country's money in relation to other country's money is called the exchange rate. An exchange rate is “fixed” when countries use gold or other agreed-upon standards, and each currency is cost a specific unit of the metal or other standard.
What is currency?An intermediate exchange for goods and services is currency. Shortly, it's money, in the form of paper and coins, often issued by a government and usually accepted at its nominal value as a method of payment.
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the majority of financing for most companies comes from which of the following sources?
The correct response is D. Creditors and owners. Banks dominate all other forms of funding as the main source of money for startup businesses. Debt from banks accounts for about 40% of a new company's first launch capital.
Owning stock in a corporation entitles a shareholder to "equity," or a portion of the ownership of the business itself. Simply said, a creditor is someone or something that a company owes money to (e.g., private lender, supplier, manufacturer). The bank has a creditor relationship with the business owner as a result of the bank's unpaid loan to the owner. In general, a creditor is a supplier, or a person, organization, or other entity that does business by selling goods or services. This implies that because businesses sell goods or services, all retailers are creditors.
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granite stone creamery sold ice cream equipment for $10,800. granite stone originally purchased the equipment for $76,000, and depreciation through the date of sale totaled $63,500. what was the gain or loss on the sale of the equipment?
$3,000 was lost on the equipment's sale.
What are machinery and equipment?The two main tools and implements used in company operations are equipment and machinery (occasionally they are kept in different accounts). These could include computers, copiers, phone systems, and any other electronic equipment for a service business.
Equipment: Is it an asset?A fixed asset, also referred to as a noncurrent asset, is equipment. A noncurrent asset is a long-term investment made by your company that is unlikely to or does not easily convert to cash within an accounting year. Property, plant, and equipment are typically referred to as fixed assets (PP&E).
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In your own words, explain the difference between stocks and bonds.
Answer:
Stocks give you partial ownership/percentage of the company lets say McDonald's or something. while bonds are a loan from you to the company like a bank.
Explanation:
How do Business Owners quantify the value of PI Objectives?
a) By estimating return on investment
b) By assigning Story points
c) By assigning business value
d) By totaling the Epic budget
The Business Owners quantify the value of PI Objectives by: assigning business value. Option C
What is meant by PI Objectives?Program Increment (PI) Objectives are a list of the technical and business objectives that an Agile Team or train plans to accomplish in the upcoming Program Increment (PI). Teams develop PI objectives during PI Planning, which are the tasks they want to complete in the forthcoming Program Increment (PI)
SMART objectives for a PI are those that are time-bound, relevant, specified, measurable, and achievable. Teams and stakeholders may more easily see how work is fulfilling business objectives when features are linked to PI objectives within the same platform.
Business owners assign this during the PI planning meeting. The values that business owners assign range from 1 (the lowest) to 10 (the greatest). The importance or level of urgency with which the objectives must be met is determined by these values.
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if not all prices adjust instantly to changing economic circumstances, an unexpected fall in the price level leaves some firms with higher-than-desired prices, and these higher-than-desired prices depress sales and induce firms to reduce the quantity of goods and services they produce. a. true b. false
If not all prices adjust instantly to changing economic circumstances, an unexpected fall in the price level , and prices depress sales and induce firms to reduce the quantity of goods and services they produce is true.
How do sales work?A sale is a deal that involves exchanging goods or services for money along with other factors. In other terms, a sale is any action that involves handing over ownership of a thing or commodity to the buyer in return for payment.
What is a salesperson's function?While gathering orders from current or potential sales outlets, the sales representative is in charge of selling products and attending to customer demands. While making a purchase, they make sure the buyer is happy and well-cared-for.
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demand for an item is 20 units per week, and delivery lead time is 2 weeks. the safety stock is known to be 14 units. using a p system, and assuming a p value of 3 weeks, what is the target inventory level (t)?
Demand for an item is 20 units per week, and delivery lead time is 2 weeks. the safety stock is known to be 14 units. using a p system, and assuming a p value of 3 weeks, 100 is the target inventory level (t).
Target Inventory level: What Is It?The amount of merchandise a business should have on hand to meet demand at any given moment is known as the target inventory level. The amount of inventory that should be kept on hand at any given time will vary depending on a variety of variables, such as the cost of production and the likelihood that a particular amount of inventory will be sold.
How is target inventory used?Target utilizes the last in, first out (LIFO) inventory accounting approach, just as Wal-Mart, one of Target's main rivals. The lower of LIFO or market cost is used to determine the inventory's value while preparing an accounting statement.
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There are seven commonly used organizational buying criteria. One of them is __________.
price
loyalty
flexibility
adaptability
consumer demand
There are seven commonly used organizational buying criteria. One of them is Price.
What are the seven most frequently used buying criteria for organizations?Price, ability to meet the item's quality requirements, ability to meet the needed delivery schedule, technical capability, warranties, and claim procedures, past performance on prior contracts, production facilities, and capacity are some of the often utilized criteria.
The majority of people will respond with "safety" when asked what is most important when selecting an airline. Because safety is assumed, if you ask the same person what criteria they use to purchase a ticket, their response will not be "safety." Safety is a must-have. Buying criteria can include anything from: price, delivery speed, service availability, manufacturing location, etc. You should also be aware of how much weight each criterion has in relation to the market. Although the speed of delivery is more important than the low price, it could be a criterion.
There are seven commonly used organizational buying criteria. One of them is Price.
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gary is unsure whether his boss wants memos written in a specific format, so he asks a fellow employee for clarification. gary is engaging in what type of information-seeking tactic?
Gary is unsure whether his boss wants memos written in a specific format, so he asks a fellow employee for clarification. Gary is engaging in Active information-seeking tactics.
The three classifications of commercial enterprise consist of primary area, secondary quarter, and tertiary zone commercial enterprise. explanation entails presenting again to the speaker the importance that means, as understood by the listener, of what they have simply said. Thereby checking that the listener's expertise is accurate and resolving any areas of misunderstanding or false impression.
The 4 main sorts consist of upward conversation, downward verbal exchange, lateral conversation, and outside conversation. The upward, downward, and lateral verbal exchange sorts consult with inner commercial enterprise verbal exchange or facts exchanged inside a corporation. classification is needed for a convenient look at living organisms. it's miles vital for understanding the exclusive sorts of organisms. It enables the correct identity of numerous organisms. It helps to realize the origin and evolution of organisms.
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the dual price measures, per unit increase in the right hand side of the constraint,
The dual price measures, per unit increase in the right-hand side of the constraint the change in the value of the optimal solution.
optimal solutionThe best option for a corporation to solve a problem or achieve its goals is referred to as the optimum solution. The phrase is often used in business. However, it can also be used in economics, military strategy, mathematics, and other situations. It is a different approach that yields the best results in a given situation.
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Which of the following is the best measure for comparing the standard of living across countries? A.productivity
B.gross national product
C.real gross national product
D.real gross national product per person
(D) Real gross national product per person is the most reliable metric to use for comparing living standards between countries.
What is the real gross national product per person?Real GDP per capita is a calculation of a nation's total economic output divided by its population and adjusted for inflation.
It is employed to evaluate changes in and between nations' living standards.
The following three concepts make up this economic indicator.
The most accurate way to compare living standards across nations is to use real gross national product per person.
GDP per capita is calculated by dividing the total gross value contributed by all producers who are residents of the economy by the mid-year population, plus any product taxes (fewer subsidies) that are not taken into account when valuing output.
Therefore, (D) real gross national product per person is the most reliable metric to use for comparing living standards between countries.
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The ________ layout's main objective is to equalize the task time for each station.
A.
product oriented
B.
work cell
C.
job shop
D.
office
E.
fixed position
Equalizing task time for each station is the fundamental goal of the fixed position layout. The correct answer is option (d). Fixed position.
What is fixed position layout?With a fixed-position arrangement, the product may stay put while personnel and equipment can move to it as needed. Ships, aircraft, and building projects are examples of products that cannot be moved that are often constructed utilising a fixed-position arrangement.
Facilities can be laid out in one of four ways: process, product, fixed-position, or cellular. Workflow is organised around the manufacturing process in the process layout. Fixed-Position Layouts need the personnel, materials, and equipment to go to the production area, and the equipment is typically left in place since it is either too costly or too complex to shift. Low fixed costs are a benefit of fixed-position layouts, whereas high variable costs are a drawback.
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Which of the following best represents the options a company has when a product is declining? A) maintain or harvest the product
B) harvest or drop the product
C) maintain, harvest, or drop the product
D) maintain or pioneer the product
E) pioneer, harvest, or maintain the product
When a product is declining, the options that a company has include C) maintain, harvest, or drop the product.
What happens when a product is declining ?When a product disintegrates as a result of slowing down or experiencing negative growth, it enters the decline stage of its life cycle.
Because of the most recent technology developments, modifications in customer wants, and impending trends, competition becomes too intense and sales decline. The sales rate decreases until maintaining the project is no longer financially feasible for us.
Due to increased competition or declining consumer demand, brands will see a fall in sales during the decline stage. This period is challenging to get through; often, businesses will either sell their business, cease their product, or find new ways to improve their product in an effort to boost sales.
This means that the company would therefore have the options of either maintaining the product, harvesting it, or dropping it.
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a choice with two possible outcomes is being considered. the expected utility of that choice is equal to:
A weighted average of the different utility levels associated with each possible outcome, weighted by the probability that outcome will occur.
What is utility?
In economics, utility refers to the enjoyment or usefulness a consumer can derive from a good or service. Despite being abstract, the idea of utility can be used to explain how and why consumers make decisions. The idea of one good being more useful or attractive than another is known as ordinal utility.
The satisfaction of consuming things or services is the best justification for utility. Utility is the feeling of enjoyment one has after consuming products and services.
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in performing tests concerning the granting of stock options, an auditor should
An auditor should trace the approval for the transaction to a board of directors vote while conducting tests regarding the granting of stock options.
What selections is the audit committee responsible for?The audit committee often gives its approval when the external auditor is selected. The external auditor, also referred to as a public accounting company, examines the entity's financial statements on a quarterly basis. The entity's financial statements are also annually audited by the external auditor, who also offers an opinion that assures the accuracy of the financial accounts.
The correct answer is "D." In order to audit the granting of stock options, the auditor would typically follow the transactions back to the board of directors' approval.
"B" is not a valid choice. Stock option grants cannot be confirmed by the Secretary of State.
"C" is not a valid choice. Little proof is provided to back up management's claims in the financial statements by confirming the existence of option holders.
"A" is not a valid choice. Authorized common shares rather than treasury stock may be used to distribute converted stock options.
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individuals can elect to deduct their state income taxes, their local income taxes, and their sales/use taxes paid as an itemized deduction.
If you elect to deduct state and local general sales taxes, you can use either your actual expenses or the optional sales tax tables.
Who Pays Taxes?Taxes are compulsory contributions that a government agency, whether local, regional, or federal, imposes on people or businesses. Public works and services like roads and schools, as well as programs like Social Security and Medicare, are funded by tax revenues.
How come it's called tax?It comes from the Latin word taxare, which means "to evaluate." The related word "task," which comes from Old French, was previously used in English. For a while, the words "task" and "tax," the first requiring labor and the second money, were both frequently used. The term "tax" later came to mean something difficult or tiresome.
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pardo company produces a single product and has capacity to produce 170,000 units per month. costs to produce its current monthly sales of 136,000 units follow. the normal selling price of the product is $126 per unit. a new customer offers to purchase 34,000 units for $63.00 per unit. if the special offer is accepted, there will be no additional fixed overhead and no additional fixed general and administrative costs. the special offer would not affect its normal sales. per unit costs at 136,000 units direct materials $ 12.50 $ 1,700,000 direct labor 15.00 2,040,000 variable overhead 11.00 1,496,000 fixed overhead 17.50 2,380,000 fixed general and administrative 14.00 1,904,000 totals $ 70.00 $ 9,520,000 (a) compute the income from the special offer. (b) should the company accept the special offer?
A new client offers to buy 34,000 units at a cost of $63 each. Additional fixed administrative and general expenses if the exceptional offer is accepted Total revenue = $4,836,200
What does buying signify in the Purchase world?A buy is when something is obtained in exchange for some type of payment, such as products or services. The usual forms of payment are cash and cards . A purchase could also be made in exchange for taking on an obligation or as part of a barter exchange where various non-cash assets are traded.
Briefing
21,000 units for $77.4
An increase in variable cost= $7.6 per unit
Direct materials $ 12.50 $ 1,050,000
Direct labor 15.00 1,260,000
Variable manufacturing overhead 14.00 1,176,000
Fixed manufacturing overhead 17.50 1,470,000
Variable selling and administrative expenses 14.00 1,176,000
Fixed selling and administrative expenses 13.00 1,092,000
Totals $ 86.00 $ 7,224,000
First, we need to calculate the effect on the income of accepting theoffer:
Effect on income= 21,000*77.4 - 21,000*(12.5 + 15 + 14 + 14 + 7.6)
Effect on income= 1,625,400 - 1,325,100
Effect on income= 300,300
Net income= 84,000*140 + 300,300 - 7,224,000
Net income= $4,836,200
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Which of the following are most likely classified by economists as consumer durable goods? * (1 Point) food, clothing drugs, toys, magazines, books automobiles, furniture stocks, bond
Durable goods are generally defined as goods with an expected lifetime of more than three years. Automobiles and furniture are most likely to be classified by economists as consumer durable goods.
What are durable goods?A durable good, also known as consumer durable, is one that does not wear out quickly or, more specifically, one that yields utility over time rather than being consumed completely in one use. Highly durable goods, such as refrigerators or automobiles, are typically useful for several years after purchase, so durable goods are typically distinguished by long periods between successive purchases.
Consumer durables are products that last at least three years. Large and small appliances, furniture, automobiles, rubber tyres, lead-acid automotive batteries, boats, consumer electronics, luggage, sporting goods, household goods, are examples of these items
Therefore, among the options given automobiles and furniture are likely to classified as durable goods.
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