Many processes were involved and can make significant relevance in a company’s marketing process. The four Ps can help us remember the basic components of the marketing mix.
What is Four P’s?
The Four Ps is a theory founded by Jerome McCarthy in 1960 in his Basic Marketing text. The four Ps stand for Product, Price, Place, and Promotion. This is the explanation of each component in the four Ps:
Price: company can set its price at a competitive level.Place: the company is in a strategic location so consumers can reach easier.Product: company can provide a quality product for its consumers.Promotion: the company is actively providing and spreading information about its products or services to consumers.Learn more about the five Ps in marketing at https://brainly.com/question/15635639
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the ceo of jnl corporation has been recently awarded 10,000 stock options. what are some factors that may influence the value of these options? multiple select question. the dividends paid by jnl in the past number of months to expiration the exercise price of the stock options the volatility of jnl stock
The CEO of JNL corporation has been recently awarded 10,000 stock options. some factors that may influence the value of these options are
the exercise price of the stock options; the volatility of JNL stock; number of months to expirationWhat are stock options.?Generally, A stock option is a contract between two parties that gives the buyer the right to purchase or sell underlying stocks at a defined price and within a certain time period.
This right is granted in exchange for payment at a price that has been decided in advance.
An individual who sells stock options and receives compensation in the form of a premium from the contract that is subsequently bought by another individual is known as an option writer.
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government transfer payments rise when the economy is contracting and fall when the economy is expanding. in this role, transfer payments are described as:
Government transfer payments rise when the economy is contracting and fall when the economy is expanding. In this role, transfer payments are described as automatic stabilizers.
What is Automatic Stabilizer?
Automatic stabilizers are a sort of fiscal policy intended to offset changes in a country's economic activity through the course of their regular operation without additional, timely approval by the government or policymakers.
The most well-known automatic stabilizers include progressively graduated corporate and individual income taxes, as well as transfer programs like welfare and unemployment insurance. Because they act to smooth economic cycles and are automatically initiated without further government intervention, automatic stabilizers are so named.
Governments frequently supplement automatic stabilizers in the event of severe or prolonged economic downturns with one-time or short-term stimulus measures in an effort to kick-start the economy.
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without any formal planning, the president of a high-tech company remarks in a speech that new technologically advanced routers will be available in one year. this may lead to a project that must be done faster than anticipated. this is an example of reducing project duration caused by
This is an example of reducing project duration caused by imposed Project Deadlines. Formal planning necessitates a methodical process for weighing the many options.
To make sure the options do not go against any limits, they must first be examined. Then, each of the specified objectives should be compared to the feasible strategies example. An organization's chances of long-term survival are increased by planning. Formal planning may provide the plan a feeling of direction, vision, justification, and purpose, which can be easily communicated to other members of the company to demonstrate how serious the organisation is about achieving its objectives.
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nash company estimates it bad debt expense to be 7% of gross accounts receivable. determine its bad debt expense
nash company estimates it bad debt expense to be 7% of gross accounts receivable. It's bad debt expense is $362200.
Debt is an responsibility that calls for one birthday party, the debtor, to pay cash or different agreed-upon cost to every other celebration, the creditor. Debt is a deferred charge, or collection of payments, which differentiates it from an immediate purchase. The debt can be owed by way of sovereign kingdom or us of a, nearby government, employer, or an man or woman. industrial debt is typically challenge to contractual phrases concerning the amount and timing of payments of foremost and interest.[1] Loans, bonds, notes, and mortgages are all varieties of debt. In economic accounting, debt is a sort of financial transaction, as distinct from equity.
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craig identified the specific details of a system that needed to be built after consulting with employees of a business to determine their needs. craig is employed as a .
craig identified the specific details of a system that needed to be built after consulting with employees of a business to determine their needs. craig is employed as IT Professional.
Information Technology professionals assist a business by ensuring users can connect to and use computer networks throughout the working day. It is essential for IT professionals to have previous expertise in the field and a thorough grasp of both hardware and software technologies.
To ensure that computer networks and systems operate correctly and effectively, IT professionals are engaged. They also install data security solutions, build up networks, and update outdated software and hardware. To maintain network security, IT professionals must have a firm grasp of firewalls, antivirus software, and anti-spyware.
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niles and daphne are near retirement. they have a joint life expectancy of 25 years in retirement. daphne anticipates their annual income in retirement will need to increase each year at the rate of inflation, which they assume is 4%. based on the assumption that their first year retirement need, beginning on the first day of retirement, for annual income will be $85,000, of which they have $37,500 available from other sources, and an annual aftertax rate of return of 6.5%,calculate the total amount that needs to be in place when niles and daphne begin their retirement.
The total amount that needs to be place when Niles and Daphne begin their retirement = $906,131.31
Expected return :The expected return is the quantity of profit or loss an investor can anticipate taking on an investment. An expected return is computed by multiplying possible outcomes by the odds of them happening and also totaling these outcomes. Expected returns can not be guaranteed
Evaluating the total amount :Number of periods (Nper) = 25 years
PMT = $85,000 - $37,500
= $47,500
Rate = 4%
Expected Return = [(1 + after tax rate)/(1 + inflation rate)]-1 x 100
Expected Return = [(1+6.5%)/(1+4%)]-1 x100
Expected Return = (1.065 / 1.04 )- 1 x 100
= 2.4038%
FV= 0
Type = 1
Present Value = Calculated in Excel
=PV(rate,nper,PMT,Fv,Type)
=PV(2.4038%,25,-$42,500,0,1)
PV = $906,131.31
Hence, the total amount required at the beginning of their retirement = $906,131.31 .
Present value :
Present value is the conception that states an quantity of money present is worth further than that same quantity in the future. In other words, money entered in the future isn't worth as much as an equal quantity entered present. admitting$ 1,000 now is worth further than$ 1,000 five times from now. Present value measures the consequence of time on money. Present value is what a sum total of money or a series of cash overflows paid in the future is worth present at a rate of interest known the “ reduction ” rate. Present value is used to plan for fiscal purposes and to produce investment opinions
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a parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, except: a parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, except: creating a letter of intent describing all of the things a new caregiver should know. creating a special needs trust for the benefit of the child. creating a will for the child. purchasing life insurance on the parent's life.
A parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, except creating a letter of intent describing all of the things a new caregiver should know.
Composing a letter of intent outlining all the information a new caregiver needs to be aware of. Considering that this has nothing to do with financial planning.
Financial planning includes assessing a client's overall financial situation and providing guidance on how to meet both short- and long-term financial objectives. The significance of financial planning aids investors in achieving their financial objectives, such as long-term financial security, home ownership, children's higher education, marriage, and estate preparation.
Financial planning encompasses more than just investing; it also considers the positive effects that money may have on your self-assurance.
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what are the names of manufacturers of heels with a list price of $50 or more? only show manufacturer names.
The names of many manufacturers of heels with a list price of $50 or more. Here are some of the names of the manufacturers include:
Jimmy ChooPradaChristian LouboutinAlexander McQueenGucciValentino.Louis VuittonMiu MiuThese are some of the most expensive heels brands of all time. Even though effortlessly these are the honored in heels, predictably many of the brands are from the supreme luxury manufacturers in the world, this list can be random given that each year, there is a fashion house that will release a pricey pair of heels that tries to outdo the other fashion houses in expensive heels.
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the fact that historical returns on treasury bonds are less volatile than common stock returns indicates that:
The fact that historic returns on Treasury bills are much less volatile than common inventory returns shows that: common shares must offer a higher return than Treasury bills
What does a Treasury consignment do?When an investor buys a Treasury Bill, they are lending money to the government. The US Government uses the cash to fund its debt and pay ongoing expenses such as salaries and army equipment. T-Bills are offered in denominations ranging from $1,000 (standard) up to a most of $5 million.
What are treasury payments with examples?Treasury payments or T-bills, which are money market instruments, are brief term debt devices issued by means of the Government of India and are at present issued in three tenors, namely, ninety one day, 182 day and 364 day. Treasury payments are zero coupon securities and pay no interest.
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https://brainly.com/question/27990913#SPJ4which of the following skills best helps you gain a deeper understanding of yourself so that you can work collaboratively with others? a.) the self and social awareness skill b.) the innovation skill c.) the productivity skill d.) the results driven skill
The self and social awareness skill are the skills that best helps you gain a deeper understanding of yourself so that you can work collaboratively with others.
What are social awareness skills?Social awareness encompasses skills like a keen interest in the viewpoints of others. recognizing and valuing others' innate abilities. displaying compassion and empathy. For children to form healthy connections and make wise judgments, they must learn social awareness, often known as socialization.
Social awareness is crucial for our personal emotional well-being in addition to helping us build better relationships and communication abilities. The capacity to perceive community resources and supports, as well as to comprehend social and ethical norms for behavior.
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if barbara falcon invests $16,751.84 now and she will receive $30,000 at the end of 10 years, what annual rate of interest will she be earning on her investment?
9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.
What is annual rate interest ?The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
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6. a lease that transfers ownership of the asset to the lessee by the end of the lease term would be a
A lease that transfers ownership of the asset to the lessee by the end of the lease term would be a Capital lease.
In a capital lease, the lessor commits to hand over ownership of the leased asset to the lessee at the end of the lease term. Long-term, non-cancelable capital or finance leases are the norm.
At the conclusion of the lease period under a capital lease, the lessor gives the lessee ownership of the asset. By virtue of the bargain option provided by the lease agreement, the lessee will be able to purchase the asset at a lower cost than its fair market value at the conclusion of the lease term.
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Jennifer wants to improve her relationships with her customers. Which of the following measurements should she work on improving?
A.
gross margin
B.
sales per customer
C.
calls per period
D.
area coverage
E.
feedback rating
In order to improve her relationships with her customers Jennifer will work on improving feedback rating. Hence, the correct response to this question would be option (E).
Give a brief account on customer review.A customer review is an assessment of a good or service provided by someone who has used it or had contact with it previously. Client reviews on e-commerce and online retail websites are a type of customer feedback. There are also specialized review websites, some of which employ client testimonials in addition to or instead of expert testimonials. Other users may score the reviews on their own for usefulness or accuracy.
Customer comment boxes and customer service helplines were two ways that consumers could rate goods and services before the internet was invented. Despite the recent huge growth of internet review sites, these techniques are still in use today.
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amortization is the concept that applies to the: multiple choice expensing of long-term assets that lack physical substance over their useful lives. depreciation of prepaids and supplies as they are used. recording of amounts collected in advance that have not yet been earned. recording of deferred revenue in the period cash is collected in advance of being earned.
Amortization is the concept that applies to the expensing of long-term assets that lack physical substance over their useful lives.
Amortization is the process of allocating the cost of assets over its lifespan. This process is commonly used in accounting and finance, in order to spread the amounts of an asset over its useful life.
Amortization is often used for intangible assets, such as patents or copyrights. It can also be used for certain types of loans, such as mortgages. Amortization is the process of allocating the cost of an intangible asset over its useful life.
Hence, the correct option is "First".
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the sales tax is $41.55 on a stereo system purchase of $884. find the sales tax rate rounded to one decimal place or tenth of a percent.
The sales tax rate is 7.5%.
The expected return on the stock can be calculated using the Capital Asset Pricing Model (CAPM)
Expected return (Ri) = Rf + Beta*(Rm - Rf)
Rm = Market return = 9%
Rf = Risk-free rate = 3%
For Big Jack Co.:
Beta = 1.5
Expected return (Ri) = 3% + 1.5*(9% - 3%)
= 3% + 1.5*6%
= 3% + 9%
= 12%
For Little John Co.:
Beta = 0.75
Expected return (Ri) = 3% + 0.75*(9% - 3%)
= 3% + 0.75*6%
= 3% + 4.5%
= 7.5%
Thus, Big Jack Co. has a higher expected return.
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'the sales tax is $41.55 on a stereo system purchase of $884. the sales tax rate rounded to one decimal place or tenth of a percent.is 7.5%.
A sales tax is a tax paid to a governing body on the sale of certain goods and services. Laws generally allow sellers to collect taxes from consumers at the time of purchase. When a tax on goods or services is paid by consumers directly to the governing body, it is usually called a use tax.
Sales tax is a percentage calculated amount added to the cost of a product or service when a consumer purchases it from a retail store. 45 states have state sales tax rates ranging from 1.76% (Alaska) to 9.45% (Tennessee).
Sales tax is an additional amount paid based on a percentage of the selling price of goods and services purchased. For example, if you buy a new TV for $400 and live in an area with a 7% sales tax, you will pay $28 in sales tax.
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apple uses corning's glass products for all its devices, such as the gorilla glass 6 used in the iphone 11 series. to ensure that it continue to have a strong relationship with this glass industry leader, apple has invested nearly $500 million toward corning's advanced glass research division. by building up this relationship, apple seeks to maintain some control over which of porter's 5 forces?
Apple hopes to retain some influence over its consumers from Porter's five forces by fostering this connection.
Managers and analysts may better understand the competitive environment a company operates in and how it is positioned within it by using Porter's Five Forces Model.
Porter's five forces can be used to identify who is better off in a particular business scenario. The strength of an organization's current competitive position as well as the strength of a position it may aim to hold in the future may be ascertained using this information.
These factors affect a company's profitability by affecting the quantity and strength of its rivals in the market, possible new market entrants, suppliers, consumers, and replacement goods.
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the owner of barnes company established a petty cash fund amounting to $400. what is the effect on the financial statements of the entry to record this transaction? balance sheet income statement statement of cash flows assets
The establishment of petty cash fund would involve a disbenefit to petty cash and credit to cash account. Petty cash is reported under the cash account in the balance distance, thus, would have zero effect on the overall balances.
What's the purpose of petty cash?
Thus, the purpose of a petty cash fund is to give departments with ready cash for the payment of colorful small expenditures, similar as postage, trace sacrifices, parking freights, and the suchlike.
Where is petty cash recorded?Petty cash appears within the current means section of the balance distance. This is because line particulars in the balance distance are sorted in their order of liquidity. Since petty cash is largely liquid, it appears near the top of the balance distance.
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an effective supplier certification program may increase the time spent on incoming inspections. an effective supplier certification program may increase the time spent on incoming inspections. true false
The correct answer is False as the program eliminates administrative formalities. The supplier reduces setup time. The supplier has a known process capability with SPC. Suppliers can omit checking at SPC.
Benefits of a Supplier Certification Program implementing an effective supplier certification program can help reduce your supplier base, build long-term relationships, reduce time spent on incoming inspections, improve delivery and responsiveness, recognize excellence, Developing a commitment to continuous improvement, and getting better overall.
A successful supplier certification program seeks to address all foreseeable risk concerns, from product recalls to supply chain disruptions.
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when devising the evaluation stage of ad planning, it is determined how much time the agency has, how it will be graded, and what criteria will be applied when judging its
The statement is True, when devising the evaluation stage of ad planning, it is determined how much time the agency has, how it will be graded, and what criteria will be applied when judging.
By employing standards-based criteria, evaluation is the methodical examination of a subject's validity, importance, and relevance. It can assist in evaluating any objective, realistic concept or proposal, or any alternative to aid in decision-making for an organization, program, design, project, or any other intervention or initiative; or to assess the degree to which the goal and objectives have been met or valued, as well as the results of any such action that has been taken.
In addition to providing insight into past or current initiatives, the evaluation's primary goal is to promote reflection and help identify potential areas for future change.
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How much more per week does a college grad earn compared to someone with some college?.
Many individuals think that attending college is the only real path to success, but this is generally untrue… Going to college does, however, significantly increase your chances of landing better-paying professions.
A neutral tone that doesn’t support any side or harbour any emotions or beliefs is referred to as being objective. Right, neutral just implies neither or. In other words, you aren’t actively playing one side right now, merely gaining some momentum on both sides of the issue. Let’s move backwards: As opposed to statements or proof based on truth, the fourth answer choice is primarily about opinion. Simply put, there are more jobs. An opinion has already been expressed in this.Someone may find number three more appealing than their topic. If that still doesn’t make sense, let me try again. The author opted to focus on the reader rather than both sides of the argument, and he also used the word “probably,” which is a conjecture. Recall that we’re not here to speculate.
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when a new product or service is launched, what type of pricing strategy attempts to attract customers quickly by offering a very low price at first?
A penetration strategy is one that attempts to attract customers quickly by initially offering a very low price. Thus, the correct answer is the Penetration strategy.
What is a Penetration strategy?A penetration strategy is a bold marketing approach that tries to build a significant market share for a new product. Marketers will provide a cheap price and conduct sales campaigns to increase the product's desirability. This strategy's goal is to convince clients to acquire the new product, therefore generating a market for it.
If customers are price sensitive, the penetration technique will work. The new cheap pricing will entice customers to buy. If the corporation later raises the price to generate a profit, demand may fall. The product must be of excellent quality for this technique to function. In the medium term, competitors may cut the pricing of their products, resulting in price wars.
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compute sales based on the following information. sales $ ? variable costs 30,000 fixed costs 5,000 target income $ 65,000
Based on the given information, the amount of sales equal to $30,000.
What is the meaning of sales?In accounting, the term "sales" refers to the volume of goods and services sold by a business during a reporting period or the company's revenue earned from the sales of products or services.
The amount of sales will be computed by:
= Target income - (variable costs + fixed costs)
= $65,000 - ($30,000 + $5,000)
= $65,000 - $35,000
= $30,000
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when the minimum-maximum inventory system is used, the minimum number of purchase units that must always remain in inventory is called:
When the minimum-maximum inventory system is used, the minimum number of purchase units that must always remain in inventory is called: Safety level
What is safety level?To avoid running out of a product, safety stock is an excess supply that is kept in the warehouse. It provides protection from shifts in demand.
The phrase "safety stock" is used by logisticians to refer to a quantity of extra stock that is kept on hand to reduce the risk of stockouts (a shortage of raw materials or packaging) brought on by unforeseen fluctuations in supply and demand. Business operations can run as planned with sufficient safety stock levels.
The safety factor, which ranges from 20% to 40%, is determined instinctively without taking any particular factors into account. The effectiveness of this strategy depends on the stock controller's expertise, experience, and the company's acceptance of this component.
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the participation of women in the u.s. labor force has risen dramatically since 1970. this rise likely gdp in the united states. now imagine a measure of well-being that includes time spent working in the home and taking leisure. true or false: the change in this measure of well-being would be greater than the change in gdp.
The given statement is true about the change in this measure of well-being would be greater than the change in gdp.
Because more people will need money to conduct the transactions required to acquire the new GDP, a growth in GDP will boost demand for money. In other words, the influence of transaction demand causes an increase in real money demand. GDP measures the entire monetary value, often known as the market value, of all the finished goods and services produced within a nation's borders over a given time frame.
Consider a well-being index that takes both leisure time and time spent working from home into consideration. The change in this indicator of happiness would be greater than the change in GDP.
In other words, as more women entered the workforce, their well-being would drop, which would be accomplished by a loss in their free time.
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on the spreadsheet report, in the column for total fat (fat), you can see that brown rice (a whole grain) contains slightly more fat than white rice (a refined grain). what part of the rice grain accounts for this difference in fat content?
Brown rice has more calories than white rice.
What is Brown rice?Brown rice is whole grain rice that has had its inedible hull removed. This type of rice sheds the husk or husk, but leaves behind the bran and germ layers that form the brown rice or tan color of the rice. White rice is the same grain without the chaff, bran layer and germ. Red rice, golden rice, and black rice (also called purple rice) are all whole grain rice with outer layers of different pigments.In general, brown rice should be cooked longer than white rice, unless it is crushed or dusted with flour (pierce the bran without removing it). A 2003 study by Gujral and Kumar estimated the cooking time to be 35-51 minutes. Brown rice has a shelf life of about six months, but can be significantly extended by storing in an airtight container, refrigerating, or freezing. Freezing it regularly also helps keep Indian flour moth infestations under control.To learn more about Brown rice from the given link :
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a company purchased land for $100,000 cash. accrued real estate taxes on the land of $2,000 and real estate taxes on the land for the current year of $3,000 were also paid in cash. real estate broker commissions were $8,000, and $10,000 was spent on demolishing the building that was on the property before construction of a new building could begin. the company was able to sell some of the salvaged materials from the demolished building for $2,000 cash. what is the total amount that should be included in the land account?
The total amount that should be included in the land account $118,000. Hence, the correct choice of answer for this question is option (c).
Give a brief account on historical cost.An asset's value on the balance sheet is recorded at its original cost when it was purchased by the company when using a historical cost as a measure of value in accounting. According to generally accepted accounting principles, fixed assets in the United States are valued using the historical cost method (GAAP).
Under U.S. GAAP, the historical cost principle is a fundamental accounting concept. The majority of assets must be reported on the balance sheet at their historical cost under the historical cost principle, even if their value has dramatically increased over time. Not every asset is kept at its original cost.
To solve the question :
Purchase price of land is $100,000
Additionally, any brokerage fees or commissions are added to these costs because they are capital expenses since they are one-time acquisition costs.
Thus, brokerage will be added $8,000
Demolishing cost, a one-time capital charge, will be added to the cost.
Thus,
Net cost of land = Purchase price + brokerage fees + Demolishing cost
= $100,000 + $8,000 + $10,000 = $118,000
Salvage that is sold generates revenue for the business, which will be included in the income statement and has nothing to do with the cost of the land.
Thus, net historical cost = $118,000
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The complete question is given below :
A company purchased land for $100,000 cash. Accrued real estate taxes on the land, $2,000, and real estate taxes on the land for the current year, $3,000, were also paid in cash. Real estate brokers' commission was $8,000 and $10,000 was spent on demolishing the building that was on the property before construction of a new building could begin. The company was able to sell some of the salvaged materials from the demolished building for $2,000 cash. Under the historical cost principle, the cost of the land would be recorded at
(A) $123,000
(B) $100,000
(C) $118,000
(D) $121,000
on june 19, a u.s. company sold and delivered merchandise on a 30-day account to a german corporation for 190,000 euros. on july 19, the german company paid the u.s. company in full. relevant currency rates were: june 19 july 19 spot rate $1.201 $1.200 30-day forward rate 1.210 1.217 what amount should the u.s. company record on june 19 as an account receivable for its sale to the german company?
On June 19 the accounts receivable should be recorded at the spot rate: $228,190 ($190,000 Euros * $1.201), which is the rate at which the Euro and the US Dollar were being exchanged at the time.
Many US-based enterprises sell goods to companies abroad. Depending on the discussions and the circumstances surrounding the sale, these sales may be made in US dollars or in another currency. If the sale is made in a foreign currency, the US-based company will be responsible for any fluctuations in the exchange rate from the time the sale and receivable are recorded until the time the foreign currency is paid for the related foreign currency-related receivable.
The accounts receivable should be recorded (converted from Euros to US Dollars) at the spot rate on June 19: 190,000 Euros * $1.201, which is the exchange rate at that time between the Euro and the US Dollar, equals $228,190.
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which product characteristics would prompt the most intensive inspection? multiple choice question. low-cost, high-volume low-volume, high-cost moderate-cost, medium-volume
Low-volume and high-cost are the product characteristics that would prompt the most intensive inspection.
In order to further describe each product, product characteristics can be added to the product definition. Size, form, weight, color, quality, hardness, and other attributes are a few examples of product qualities. Depending on your product and how its functional design criteria have been developed, the list of product attributes may vary.
Regarding reliability, quality, and safety, some product features are more important than others. It may be crucial to recognize those who are most significant.
Product qualities are all the minor details of a product that have an impact on the consumer's choice to purchase. Therefore, a buyer may be prompted to make a purchase as a result of a product attribute that directly adds value to them.
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in situational management, a(n) style requires providing very little direction or support to employees, and it is appropriate when interacting with outstanding employees
When dealing with exceptional employees, situational management calls for a(n) empowering style that requires very little guidance or assistance.
Whether it's a company, a nonprofit, or a government agency, management management (or managing) is the administration of the empowering style organization. It is the science and art of managing the business's resources.
Setting an organization's strategy and coordinating the efforts of its staff (or volunteers) to achieve its goals through the use of resources such as financial, natural, technological, and human resources are all included in empowering style management. In management, the terms "run the business" and "change the business" are used to distinguish between the continuation of the management delivery of goods or services and their adaptation to meet the changing needs of customers - see trend. Managers are another group of individuals who fall under the umbrella of "management."
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hershey corporation has assiduously expanded and extended its business by developing new products and increasing global reach, but it has done so in a very careful manner, avoiding undue risks and protecting its existing business operations. which typology by miles and snow does this illustrate?
Hershey corporation has assiduously expanded its business by developing new products and increasing global reach, but it has done so in a very careful manner. This illustrates Analyzer typology of miles and snow.
One of the most well-liked categorizations of business-level strategies is the Miles-Snow typology. 36 Miles and Snow examined the business strategies of hundreds of organizations across a range of industries from the early 1970s to the mid-1980s.
Analysts operate in dynamic and stable product-market environments. Analyzers function frequently and effectively in a stable domain by making use of a formal structure and processes. Although they are not frequently "first movers" in more dynamic fields, rivals are keenly scrutinized for novel ideas.
The ideas that seem to have promise are then swiftly adopted by analysts. Analyzers often have a modest fundamental product line, few associated product and/or market potential, and cost-effective technology for new and stable goods.
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