The disadvantage of extending credit to customers is that the cost may exceed the additional sales revenue received through credit transactions. hence, Option C is the correct statement.
What do you mean by extending credit to customers?The method of extending credit to customers permits them to buy items and services and pay for them later on. Offering credit is usually a win-win for each trader and buyer.
Customers have greater buying strength and have a tendency to shop for greater in the event that they are not restrained to the cash they have got at the time of the sale.
The missing information from the above question is given below:
increase
be less than
exceed
Thus, The disadvantage of extending credit to customers is that the cost may exceed the additional sales revenue received through credit transactions. hence, Option C is the correct statement.
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BI represents a bold new paradigm in which the company's business strategy must be aligned to its business intelligence analysis initiatives. Group of answer choices True False
The answer is, False.
A collection of tools (technology, applications, etc.) known as business intelligence (BI) is used to enable better business decisions. BI is a tool for achieving goals, not a goal in and of itself.BI is a crucial tool since technology is advancing quickly and steadily.For instance, it took Walmart several decades to overtake Sears as the leading retailer in the United States, but Amazon did so in only a few short years. Our world has radically transformed as a result of new technology, and no organization can afford to fall behind.What do you mean by business intelligence?Business intelligence (BI) is a technology-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.What is business intelligence give examples?BI encourages the use of historical data to promote fact-based decision making as opposed to assumptions and intuition. Data analysis is carried out by BI tools, which also produce reports, summaries, dashboards, maps, graphs, and charts to give users a thorough understanding of the nature of the business.Learn more about business intelligence here:
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If a company uses straight-line depreciation, the average investment is calculated as: (Check all that apply.) Multiple select question. initial investment - salvage value)/2. (beginning book value - salvage value)/2. sum of individual years' average book values/number of years of planned investment (beginning book value salvage value)/2. (initial investment salvage value)/2.
When using straight-line depreciation, a company can find it's average investment as:
(beginning book value + salvage value)/2sum of individual years' average book values/number of years of planned investment.How can the average investment be found?You can use the formula:
= (Beginning book value + Salvage value) / 2
It shows the two values that allow you to find the average investment because they show the beginning and ending change in the investment value.
You can alternatively take an average of the book value of every year and then add that up and divide the sum by the number of years.
This shows the average of the average book values which is the average investment.
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A disadvantage of extending credit to customers is that the cost may ______ the additional sales revenue received through credit transactions.
Answer:
Exceed is the answer
Assume that tangerines are produced in a constant cost industry which sells in a perfectly competitive market. Suppose that at the current level of output, firms are earning positive economic profits. What can we say about the long run equilibrium where productive and allocative efficiency is achieved
In the long-run equilibrium where productive and allocative efficiency is achieved, there will be more producers and more tangerine products in the market.
What is long-run equilibrium?The long run of a firm refers to the future term when the firm has attained equilibrium and the factory is able to produce at the output where the minimum point of the Long-Run Average Cost curve.
It is thus correct to state that In the long-run equilibrium where productive and allocative efficiency is achieved, there will be more producers and more tangerine products in the market.
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Rabia does not currently have a job, but declined a job offer because she feels her skills merit better pay and a better position. Which terms can be used to describe rabia? check all that apply
The terms that can be used to describe rabia when she does not currently have a job, but declined a job offer because she feels her skills merit better pay and a better position is fictionally unemployed.
What is Frictional unemployment?Frictional unemployment can be regarded as the type of unemployment that comes from employment transitions within an economy.
This is the reason why Rabia declined a job offer because she feels her skills merit better pay and a better position.
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question content area prepaid expenses are eventually expected to become:
Prepaid expenses are eventually expected to become expenses when their future economic value expires. This is further explained below.
What are Prepaid expenses?Generally, Prepaid expenses are simply defined as an asset on the balance sheet since they represent cash spent in advance for products or services.
In conclusion, When the future economic worth of costs that have been prepaid expires, the prepaid amount is written off as an expense.
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__________ implies that pressure for price increases reaches across _______________markets, not just one.
Answer:
"Inflation" implies that pressure for price increases reaches across "most" markets, not just one.
"Inflation" implies that pressure for price increases reaches across "most" markets, not just one.
What is the market?
Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, selling, or providing services. They use it in order to make money.
The term "inflation" describes an economy's overall rise in the market value of both goods as well as services. Money units may purchase fewer merchandise and services as the market's overall level of prices rises, hence inflation is associated with a decline in the value of money's purchase power.
The rate at which prices increase over a particular period of timeframe is known as inflation. Inflation is often measured in broad terms, including the general increases in inflation and the rise in a nation's living expenses.
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If you're using a 50/30/20 budget,
what percentage of your monthly
income should you spend on savings
and paying off debt?
A: 30%
B: 20%
C: 0%
Answer:
B: 20%
Explanation:
you spend 50% of your after-tax pay on needs
30% on wants, and
20% on savings or paying off debt.
So its B 20%
If electro corporation sells a $20 million stock issue to an investment banking firm such as merrill lynch, this transaction takes place in:
The transaction of Electro Corp. selling their stock to an investment banking firm means that this happened in the Primary market.
What happens in the primary market?This is the market where a company issues its stock to the market. They can issue it directly, but they usually go through an investment banking firm.
This investment banking firm would buy the stock at a lower price and then sell it to the market at a higher price.
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Slavin Movement has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60. At this price, the bonds yield 7.5 percent. What is the coupon rate
The coupon rate=8.781% as bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60.
Explanation:The price at the moment is stated as;
Current price=C×{1-(1/(1+r)^n)}/r+{F.V/(1+r)^n}
where;
C=current price
r=annual yield to maturity rate
n=number of years to maturity
F.V=face value
In our case;
C=$1,108.60
r=7.5%=7.5/100=0.075
n=14 years
F.V=$1,000
replacing;
1,108.60=C×{1-(1/(1+0.075)^14)}/0.075+{1,000/(1+0.075)^14}
1,108.60=C×{1-1/(1.075^14)}/0.075+{1,000/1.075^14}
1,108.60=(C×0.637/0.075)+363.313
1,108.60-363.313=8.48915 C
C=$87.81
But;
Annual coupon payments=coupon rate×face value
where;
annual coupon payments=$87.81
coupon rate=R%=(1/100)R=0.01 R
face value=$1,000
replacing;
87.81=0.01 R×1,000
R=87.81/(0.01×1,000)=8.781% = 8.781
Thus, The coupon rate=8.781%
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If prices are rising, which inventory cost flow method will produce the lowest amount of cost of goods sold?.
Answer:
FIFO
Explanation:
what is the cap rate if a building sells for $2,000,000 with an noi of $150,000?
The cap rate if a building sells for $2,000,000 with an noi of $150,000 is 7.5%
What is cap rate?This is the ratio of the net operating income (NOI) of a business to its current market value. Mathematically;
cap rate = NOI/market rate
Given the following
NOI = $150,000
Market value = $2,000,000
Substitute
cap rate = 150,000/2,000,000
cap rate = 0.075 = 7.5%
Hence the cap rate if a building sells for $2,000,000 with an noi of $150,000 is 7.5%
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The management of L Corporation is considering a project that would require an investment of $265,000 and would last for 6 years. The annual net operating income from the project would be $111,000, which includes depreciation of $30,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.): Multiple Choice 1.7 years 1.9 years 2.4 years 2.0 years
The payback period of the project is closest to 1.9 years
The formula to compute the payback period is shown below:
= Initial investment / Net cash flow
where,
Initial investment is $265,000
And, the net cash flow
= annual net operating income + depreciation expenses
= $111,000 + $30,000
= $141,000
Imputing the figure to the above formula
= $265,000 / $141,000
= 1.9years
Hence, the payback period of the project is closest to 1.9 years
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Adrian, a single man who wants to buy a house in five years, read an article that recommended a down payment of 20 percent. With a large income and little debt, Adrian can afford to save a substantial amount of money every month. He is asking you for advice to help him reach his goal. It is now five years later, and Adrian has saved enough money for a 20 percent down payment on a house. He will have to borrow $135,000 in a 30-year loan with an annual interest rate of 6 percent compounded monthly. What will his monthly mortgage payment be
Based on the amount that Adrian borrowed and the annual interest, his monthly mortgage payment would be $809.39.
What is the monthly mortgage payment?The monthly payment is an annuity because it will be constant so we can use the present value of an annuity formula.
Periods:
= 30 x 12
= 360 months
Interest:
= 6% / 12 months
= 0.5%
Monthly amount is:
135,000 = Amount x (1 - (1 + 0.5%)⁻³⁶⁰) / 0.5%
Amount = 135,000 / 166.791614392335294
= $809.39
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what are examples of government legislation designed to protect the consumer? (choose every correct answer.)
Some examples of government legislation in the united states which is aimed at protecting consumers include the following.
Federal Food, Drug, and Cosmetic Act,Fair Debt Collection Practices Act the Fair Credit Reporting Act Truth in Lending Act Fair Credit Billing ActThe Gramm–Leach–Bliley ActHow does Government protect Consumers?Government provide legislation which helps in protecting consumers and their right.
These legislation ensures that producers and manufacturers do not exploit the consumers for lack of options.
The government does this by enacting laws that guarantees consumer protection thereby regulating the excesses in the market.
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Review each of the investment opportunities provided by earl investments and pima financial trading. in a three paragraph essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions. based on the evidence available to you, which investment opportunity is more likely to be fraudulent? what are the true risks of investment with this company, and does the company accurately describe these risks? what are the potential returns on an investment, and does the company accurately describe these returns?
Every investment entails certain risks and hazards. There is always some element of risk involved with undertaking any venture, whether it be with regard to real estate, stocks, goods, joint assets, or anything else.
Every investment entails certain risks and hazards. There is always some element of risk involved with undertaking any venture, whether it be with regard to real estate, stocks, goods, joint assets, or anything else. Additionally, when indicating the consent of speculating, they do include the risk element, which is frequently ignored by the financial expert at the time of marking the agreement .
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______,while holding demand constant, results in an increase in the equilibrium price of the good, but a decrease in the equilibrium quantity of the good.
An increase in supply, while holding demand constant, results in an increase in the equilibrium price of the good, but a decrease in the equilibrium quantity of the good. Read below about supply.
What is Supply?Supply refers to the act of making (something needed or wanted) available to someone; provide. In economics, supply is the amount of a resource that firms, producers, labourers, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object.
Therefore, the correct answer is given above
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The most common pattern for marginal utility is:
The most common pattern for marginal utility is Diminishing marginal utility.
What is Diminishing marginal utility?Diminishing marginal utility can be regarded as a phenomenon which is a pattern of marginal utility and explains that each additional unit of gain brings about subjective value been increased.
For instance, when you eat more three candy, is more better than two but having 30 doesn't bring more experience.
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Willard works as a representative focused on the senior marketplace. What would be considered prohibited activity by willard?.
The act of Implying that only seniors can enroll in a Medicare Advantage plan when meeting with Mr. Hernandez would be considered a prohibited activity by Willard.
What is a prohibited activity?This refers to those activities that are not permitted under code of conduct of an organization.
Hence, among other options, the act of Implying that only seniors can enroll in a Medicare Advantage plan when meeting with Mr. Hernandez would be considered a prohibited activity by Willard.
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Internet service providers are an example of organizations that provide both products and services. true or false
The statement that internet service providers are capable of providing products and services is false.
Internet service providers cannot be an example of organizations that can provide both goods and services. This is because, internet service providing organizations fall under the category of organizations that are especially known for only being able to provide services. Some other organizations that produce services alone, also include commercial banks and consulting firms. Therefore, the statement cannot be true.Thus, from the above reasons it is clear that internet service providers can only provide services.
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What is the most accurate statement about posting complaints online?
The most accurate statement about posting complaints online is that it may make the complaints of the complainers seem irrational.
What does it mean by posting complaints online?
This has to do with the fact that people may decide to express their displeasures about certain issues through the use of social media.
The use of this may sometimes make the people seem irrational on the issues they have.
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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the Packaging department transferred 208,000 units and $665,600 of production costs to finished goods. The company completed and sold 200,000 units at a price of $4.70 per unit in April. What is the total gross profit on ice cream sales for April.
Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.
How is the total gross profit calculated?This can be found as:
= Sales revenue - Cost of goods sold
Sales revenue:
= 200,000 x 4.70
= $940,000
Cost of goods sold:
= Total production cost / Total units produced x Units sold
= 665,600 / 208,000 x 200,000
= $640,000
Gross profit:
= 940,000 - 640,000
= $300,000
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Select all that apply The four general accounting principles include: (Check all that apply). Multiple select question. going concern measurement expense recognition time period revenue recognition full disclosure business entity
The four general accounting principles from the provided options are going concern principle, time period principle, full disclosure principle and revenue recognition principle.
What are accounting principles?Accounting principles are the rules and guidelines which guide the accounting users in preparing and finalizing the accounting reports.
The principles of accounting are as follows:
Going concern principle is a concept that treat a business firm to have an indefinite life.Time period principle states that the activities performed by an entity should be bifurcated into various periods.Full disclosure principle signifies that each and every material information must be reported in the accounting statements and none of the information should be hide out.Revenue Recognition principle is the one where an income is recorded when it is actually earned and the expense is recorded when it is charged. The cash receipt and cash payment would be irrelevant in this concept.Therefore, the principles related to accounting process has been explained as above.
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Title VII of the Civil Rights Act provides employees with a statutory right to complete religious freedom in the workplace. a. True b. False
IS TRUE ,Title VII of the Civil Rights Act provides employees with a statutory right to complete religious freedom in the workplace.
Does Title VII apply to religion?
Title VII of the Civil Rights Act of 1964 prohibits employment discrimination based on religion. This includes refusing to accommodate an employee's sincerely held religious beliefs or practices unless the accommodation would impose an undue hardship (more than a minimal burden on operation of the business)
Title VII also prohibits workplace or job segregation based on religion (including religious garb and grooming practices), such as assigning an employee to a non-customer contact position because of actual or feared customer preference.
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Green Thumb Nursery has 38,000 shares outstanding at a market price of $63.27 per share. The earnings per share are $3.27. The firm has total assets of $332,000 and total liabilities of $192,000. Today, the firm announced a share repurchase for $87,000 of its stock. What is the earnings per share after the repurchase
Based on the market price and the earnings per share before the share repurchase, the earnings per share after is $3.39.
How can the earnings per share be found?First find the earnings of the company:
= 38,000 x 3.27
= $124,260
Then find the shares to be repurchased;
= 87,000 / 63.27
= 1,375shares
The shares after repurchase is:
= 38,000 - 1,375
= 36,625 shares
The new earnings per share is:
= 124,260 / 36,625
= $3.39
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Fill in the missing words: A leading chocolate company recently announced that it has succeeded in creating red chocolate. The company _______ that no food coloring was involved. Instead, they used a ________ type of cacao bean and a unique manufacturing process. g
The company says that no food coloring was involved. Instead, they used a special type of cacao bean and a unique manufacturing process.
What is a manufacturing process?This involves the process of turning raw materials into finished goods with the help of tools, human labor, machinery etc.
In this context, the complete sentence is the company says that no food coloring was involved. Instead, they used a special type of cacao bean and a unique manufacturing process.
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Asset deflation: Multiple select question. reflects a decline in the productive capacity of assets and therefore reduces potential output. tends to reduce the value of collateral used for consumer and producer loans and therefore consumer spending. can lead to deflation in the economy in general. tends to reduce consumer and business confidence and therefore business investment.
Generally, a firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.
What is an asset deflation?This refers to the general reduction in the value of firm's assets such as lands, homes, office, machine etc \.
Most time, the firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.
Therefore, the Option A is correct.
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An instrument that give their holders the right to purchase a certain number of shares of the firm's common stock at a specified price over a certain period of time is called
An instrument that gives its holders the right to purchase a certain number of shares of the firm's common stock at a specified price over a certain period of time is called stock purchase warrants.
What are stock purchase warrants?
Stock options are contracts that give the holder the freedom to purchase or sell a security at a certain price for a set period of time without being impacted by changes in the security's market price during that time.
A stock purchase warrant is another form of stock option.
An owner of a stock purchase warrant has the right to acquire shares of common stock at a given price (the exercise price of the warrant).
In order to make senior securities (preferred stocks and bonds) more marketable, warrants are frequently issued alongside them.
They may also be given out directly as part of the payment made to underwriters of new issues and other company promoters.
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A man purchased a new power boat with an inboard engine from a boating supply store. The boating supply store properly inspected the boat before delivery, but did not detect a virtually invisible manufacturing defect in the boat's steering mechanism. Later that summer, the man was entertaining some friends on his boat on a lake near a dam. There were some warning pylons near the dam, warning boaters to stay clear. The man decided to show off for his friends by weaving his boat in and out of the warning pylons. As he rounded the last of them, the steering mechanism of his boat jammed, and the boat crashed into the dam. The man was severely injured. The man brings an action for damages against the boating supply store on a theory of strict liability in tort in a jurisdiction that does not apply its comparative fault rules to strict liability actions. Who will prevail
In this scenario with the boat the person that would prevail is the man that bought the boat.
The reason why the man would prevailThis is due to the fact that the people that sold him the boat should have made sure that they were not selling a defective item.
The accident was not the fault of the man. The defect should have been well detected and dealt with before the sale of the boat.
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Product package sizes are becoming smaller around the world in a phenomenon called….
