The net pricing & net price are 279.35 according to the stated figure in the given question.
What Kinds of Trade Occur?Domestic commerce and foreign trade are the two primary types. Domestic trading start happening inside the same nations among parties. With two or more countries, there is world trade. Exporting is the process of placing products and goods on the market outside of one's own country. Once one buys services and goods on the world market, they are importing such products and services.
Given list price is $416.80
Trade discount Rates 17/15/5
Need to find Net price factor & Net price
Net price factor = (100-17)/100* (100-15)/10 *(100-5)/100
= 0.83 * 0.85 *0.95
= 0.670225
Net price factor = 0.670225 (or) ~0.67023
Net price = 416.80 0.670225 =279.34978 ~279.35 .
Net price is 279.35
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tonja has a supervisory position and is pleasant and professional in front of visitors. she is also a charismatic presenter. however, behind closed office doors, she is rude and dismissive of others. tonja is not a competent communicator because:
Because she doesn't modify her communication techniques to fit the demands of various individuals and circumstances, Tonja's employer is not a skilled communicator.
Speaking, writing, listening, and reading are the four fundamental communication techniques. People will remember you for the way you interact with them and convey your thoughts. a process whereby information is shared between people using a common set of signs, symbols, or behaviors. Verbal communication, nonverbal communication, written communication, visual communication, and listening are the five types of communication you need to be aware of. William Newman and Charles Summer: Communication is an exchange of ideas, facts, opinions or emotions of two or more persons. 4. Louis Allen: Communication is a bridge of meaning. It involves a systematic and continuous process of telling, listening and understanding.
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suppose a firm using a functional design has an established goal of achieving 20% sales growth per year but performance has been only 10% per year. you decide to shift to a divisional structure. what kind of control are you utilizing? decentralized control strategic control functional control divisional control
As per the situation given in the question, the shift to a divisional structure is decentralized control. The correct option is A.
Decentralized control is a type of control where the logic and input/output operations are split up among several pieces of hardware or subsystems and operate effectively independently of one another.
This is seen in divisional structures, where a business may set itself up as several divisions based on goods and projects. This decentralized structure is made possible by the fact that these divisions run somewhat independently from one another.
The process by which an organization's operations, particularly those involving planning and decision-making, are spread or delegated away from a central, authoritative location or group and handed to smaller factions within it is known as decentralization or decentralization.
Thus, the correct option is A.
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A company making expensive watches for the jet-set crowd of international travelers should consider incorporating which elements of packaging to match its product and brand?O safetyO instructions, O legal compliance affordability,O improved utility, O convenience
A company making expensive watches for the jet-set crowd of international travelers should consider incorporating c) legal compliance affordability of packaging to match its product and brand.
The science, art, and technology of enclosing or protecting things for distribution, storage, sale, and use is known as packaging. The process of creating, evaluating, and making packages is sometimes referred to as packaging.
Packaging is a coordinated method of preparing items for transportation, warehousing, logistics, sale, and end use. Packaging protects, protects, transports, informs, and sells. It is thoroughly integrated into government, business, institutional, industrial, and personal use in many nations.
The original packages were made from natural materials like as reed baskets, wineskins (bota bags), wooden boxes, clay vases, ceramic amphorae, wooden barrels, woven bags, and so forth. As packages evolved, processed materials were utilized to construct them, beginning with glass and copper jars.
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true or false: a board is a collection of pins presented as clustering of related ideas such as product categories, interests and topics.
A board can be a collection of pins presented as clustering of related ideas such as product categories, interests and topics. A board can be used in a number of contexts, such as in project management, where it is used to organize and visualize the different tasks and milestones of a project. It can also be used in marketing or product development, where it is used to organize and visualize different product categories, or in a personal context, where it can be used as a collection of interests and hobbies.
A board is typically visual in nature, and pins are used to represent different ideas or items. These pins can be organized in a variety of ways, such as by category, topic, or chronologically, and they can be connected to related information or resources. The board format provides a visual representation of the related ideas and allows for easy navigation and organization of information.
Some popular examples of boards are Pinterest, Trello, and Asana. These platforms allow users to create boards and pin ideas, tasks and more. They can be shared with others and used for different purposes such as marketing, personal use, business, and more.
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darius receives an email from his boss asking what time he is available to meet next week. darius responds with his availability. what model of communication does this represent?
This model of communication is called asynchronous communication, where messages are exchanged at different times.
What is asynchronous communication?Asynchronous communication is a type of communication that occurs independently of time or sequence. This type of communication allows participants to communicate without the need for immediate feedback.It is commonly used in online communication and messaging, as it allows people to communicate without being in the same physical location.Asynchronous communication can be useful in many different scenarios, such as when one person is not available for a conversation or when one person does not wish to respond immediately.In an asynchronous communication, the recipient can take as much time as they need to review the message, compose a response, and post it at their own convenience. This allows for more thoughtful communication, as people can take the time to carefully consider their words before responding.To learn more about asynchronous communication refer to:
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imc inc. presents following data. assets: 2015 2014 cash $ 200,000 $ 170,000 accounts receivable 864,000 700,000 inventories 2,000,000 1,400,000 total current assets $3,064,000 $2,270,000 net fixed assets 6,000,000 5,600,000 total assets $9,064,000 $7,870,000 liabilities and equity: accounts payable $1,400,000 $1,090,000 notes payable 1,600,000 1,800,000 total current liabilities $3,000,000 $2,890,000 long-term debt 2,400,000 2,400,000 common stock 3,000,000 2,000,000 retained earnings 664,000 580,000 total common equity $3,664,000 $2,580,000 total liabilities and equity $9,064,000 $7,870,000 imc inc. has never paid a dividend on its common stock, and it issued $2,400,000 of 10-year non-callable, long-term debt in 2014. as of the end of 2015, none of the principal on this debt had been repaid. assume that the company's sales in 2014 and 2015 were the same. question: imc inc. increased its short-term bank debt in 2015. true or false? group of answer choices true false
The given statement Imc inc. increased its short-term bank debt in 2015 is false.
What is short-term bank debt?Short-term debt is a form of financing that typically has a repayment period of less than one year. It can be structured in various ways, such as lines of credit, revolving credit, loans, and other forms of borrowing. Short-term debt is often used to finance working capital needs, such as payroll, inventory, and other operating expenses. Additionally, short-term debt can be used to finance capital expenditures or to bridge the gap between cash inflows and outflows. Short-term debt can be beneficial since it typically requires less capital up front, and it has a shorter repayment period than long-term debt. It also can be more expensive since it carries higher interest rates and is subject to more frequent repayment cycles.
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beanpod groceries will deliver. the delivery fee is $9.95 for a minimum order of $60, which drops to $6.95 for orders of $100 or more. your order comes to $99.48. if you add a last-minute item costing $1.99 what will your final bill be? vb
Beanpod groceries will deliver. the delivery fee is $9.95 for a minimum order of $60. The final bill will be $ 108.42
Calculating the problem:
Total delivery fee: $99.44 + $1.99
= $101.47
Delivery fee: $6.95
Final bill : $101.47 + 6.95
= $108.42
Why do we have to pay for delivery?
The costs of delivering the food to diners' locations are covered by delivery fees. The manner in which these fees are divided depends on how a restaurant runs its delivery business; we will discuss the various approaches that restaurants can take to this revenue stream.
How much do delivery fees cost?A general ledger account called "delivery expense" houses all of a company's freight out costs. Fees paid to third-party transportation services and the cost of fuel are examples of expenses that can be deposited in this account.
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if the lease on a 5,000 sq.ft. retail space is $55 per sq.ft., what is the annual rent for the space...?
Annual rent for the space is 5000 m2 and the sales floor is $275,000. This is calculated by multiplying the square footage of the space (5,000) by the rental rate (55).
Retail space typically has a higher rental rate than office or industrial space. In most cases, the tenant is responsible for paying part of the building's operating costs and property taxes. In addition, retail tenants are typically responsible for a portion of the landlord's marketing and the advertising costs. Thus all of these costs are factored into the rental rate and will ultimately make an affect on the tenant's bottom line.
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In what way is the mississippi college savings account program helping to bridge the economic divide? 2. discuss how the student savings accounts work. 3. why is establishing a savings account for children crucial in helping them get to college and change their future? 4. discuss the types of field trips students in the program attend and why. 5. discuss some of the program's challenges. 6. why does richard cordray, director of consumer financial protection bureau, say it is important to get families into the banking system? 7. explain why paying each bill individually (paying transaction by transaction) is detrimental to one's financial stability? 8. what are the three things cordray explains the bureau is trying to do? invest for who you are and more advice for millennials <- second lab link 1. when it comes to investments, does boudreaux believe your age should dictate your risks? 2. what does boudreaux say is the purpose of having a savings account?
A student savings account's main feature is that it charges little or no monthly maintenance or overdraft fees to college students under a certain age, typically 24 years.
Opening a bank account is an important step toward independence for college or university students. It is also useful for managing your personal finances while studying. These accounts frequently include freebies and discounts, such as lower credit card and other financial product fees. This reduces the cost of banking for students. Another feature that makes things easier for students is the online extension of banking in the form of net banking. When you open a bank account, you are essentially opening the door to understanding how money works and how to best use it. The student is introduced to a variety of financial terms and their applications. It also aids in instilling good saving habits.
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which is not a personal factor that influences consumer behavior? which is not a personal factor that influences consumer behavior? age family life cycle stage self-concept annual income
Among these personal factors, Self-concept does not affect consumer buying behavior.
We all have individual factors that affect our decisions in addition to social, psychological, and cultural ones. These variables differ from person to person, resulting in a range of perceptions and actions.
These Personal factors include:
1) Age: One of the main factors that affects our choices is our age. A teenager's flamboyant and colorful shopping preferences would undoubtedly be different from those of an elderly person.
2) Occupation: Our choice of products is heavily influenced by our profession. We all have a tendency to buy things that are useful or appropriate for our line of work. For instance, a businessman's pattern of clothing purchases would differ from an artist's.
3) Income: Our spending habits are undoubtedly influenced by our income. Our purchasing power increases and decreases inversely with our income. Higher discretionary income drives us to spend more on luxuries, while lower or mediocre income drives us to spend more on necessities like food, clothing, and education.
4) Lifestyle: One of the key factors that determines our decisions is our way of life. Our purchasing habits are substantially influenced by our way of living. Assuming we are dieting, everything we buy will support our diet, from food and scales to employing protein.
5) Family: In reality, our families have a big influence on our purchase decisions. As children, we observe how our families use particular things and develop a predisposition or dislike to them as they continue to use them as we get older.
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product management is responsible for what gets built as defined by the vision roadmap and what else
Product Management is in charge of ensuring alignment with the portfolio vision, lean budgets, guardrails, and, the solution vision as well as for connecting the product strategy, and roadmap to the portfolio's Strategic Themes.
The position and task inside an organization that is in charge of a product's overall success is called product management. To ensure that the product best satisfies the company's financial and strategic objectives, product managers collaborate with groups both inside and outside the organization to develop and implement a strategy. Examples of product management also cover the branding and customer interaction needed to introduce a new product. Each product needs adequate branding when it is still in its infancy. This increases market awareness of the product. Product management also encompasses control of PR and advertising.
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Which of these factors can affect stock prices?
Business fundamentals, corporate and global events, human psychology, and many other factors influence stock market prices. Unbelievably, psychology influences stock trading almost as much as business fundamentals do.
The two biggest human emotions that have an impact on the market are fear and greed. For instance, it is simple to fall into the trap of prematurely selling a stock because it temporarily declined and dread set in.
On the other side, it is equally simple to lose out on a respectable gain because you were tempted to hang out for more, only to have the stock fall back down as a result of your greed.
The earnings of a corporation, including the current year's results, are one of the key commercial variables in deciding a stock's price.
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I have no idea what I am doing wrong, but no matter what I do the trial balance isn't adding up. Someone please help
A publisher with a geographic monopoly faces the following demand schedule for the next novel from one of its authors: the author is paid $2,000,000 to write the book, and the marginal cost of publishing the book is a constant $10 per book.
Price Quantity Demanded Novels
$100 0 $90 100,000 $80 200,000 $70 300,000 $60 400,000 $50 500,000 $40 600,000 $30 700,000 $20 800,000 $10 900,000 $0 1,000,000
a. Compute total revenue, total cost and profit at each quantity. What quantity would a profit maximizing publisher choose?
b. Compute marginal revenue. How does marginal revenue compare to price? Explain.
c. Graph the marginal revenue, marginal cost and demand curves. At what quantity do marginal revenue and marginal cost cross? What does this signify?
Total revenue, also known as gross revenue, is your total revenue from recurring (MRR) and non-recurring revenue streams. It's the total amount of income your company brings in from selling your products/services.
What is Marginal Revenue?Marginal revenue is the additional income generated by selling one more unit of output. Although marginal income can remain constant at a given level of output, the law of diminishing returns eventually causes it to start declining as output level increases. Completely competitive businesses continue to produce products until marginal income and marginal cost are equal, according to economic theory.
Utilizing marginal revenue is necessary in a variety of circumstances. Using historical marginal revenue data, businesses analyze the product demand in the market. They use the data to establish prices in a way that is both effective and efficient. Last but not least, companies rely on marginal revenue to understand predictions better. With this information, they may plan future production schedules, such planning for material requirements, are then derived.
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which of the following transactions would not be exempt under the uniform securities act? a) a registered dealer sells canadian government securities to a retail client. b) a customer calls his broker-dealer and submits an order to purchase a specific security. c) the executor of an estate sells securities to liquidate the property. d) securities are sold that were collateral for a defaulted loan.
If a consumer phones his broker-dealer and places a purchase order for a particular security, the transaction would not be exempt under the uniform securities legislation.
Which of the following transactions is not exempt under the Uniform Securities Act?Broker/dealers and agents must be registered in every state where offers or sales take place, barring circumstances that would warrant an exemption. Every security, unless it is an exempt security or is sold in an exempt transaction, must also be registered. The Canadian government bond is an exempt security, but the agent still needs to be licensed in every state where a sale offer is being made. It is not necessary to register the security because the sale to the financial institution is an exempt transaction.
The agent would, however, need to be registered unless otherwise excluded. The following transactions are excluded from the Uniform Securities Act (USA): placements made privately single-issuer transactions. Unwanted transactions involving non-issuers. The sale to a single client is not an exempt transaction, despite the fact that the bonds are an exempt security.
Therefore the correct answer is option b ) a customer calls his broker-dealer and submits an order to purchase a specific security.
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b. suppose the school sells all of its vaccines at the market price of $20.00. what does the school maximize?
Suppose the school sells all of its vaccines at the market price of $20.00. what does the school maximize efficiency.
Which efficiency do you mean?Efficiency is the capacity to complete an action with little or no wastage, effort, or energy. Being effective involves using your resources as effectively as you can to get the results you want. Simply put, something is efficient if there is no waste and every process is optimized.
What is another word for effectiveness?Effective, effectual, and efficacious are some popular alternatives to the word efficient. Efficiency implies acting or having the ability to act in a way that avoids energy loss or waste in affecting, creating, or operating, even though all of these words mean "generating or capable of producing a result."
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Accountants at Ernst & Young are:O Contingent workers O Knowledge workers O Manufacturing workersO Tiered workforce
Accountants at Ernst & Young are Contingent workers.
What are Contingent workers?The term "contingent worker" refers to those who work for an organisation but are not paid employees. Independent contractors, freelancers, consultants, advisors, and other outsourced personnel hired on a project-by-project and non-permanent basis are all considered contingent labour. Work that is contingent, casual, or contract-based is characterised by a lack of job security, piece-rate compensation, usually a part-time arrangement, and is seen as temporary work. Freelancers frequently report wages higher than their old formal positions, despite having less work security. Contingent workers are individuals who provide their skills and knowledge to a company on a temporary or project-by-project basis. They are often referred to as independent contractors or 1099 employees.
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. Which of the following is a type of nontaxable income that does not need to be reported on a federal tax return O Interest income from a U.S. Treasury security. Interest income from municipal bonds. Unemployment compensation. Workers' compensation.
The majority of your earnings from job or investments are subject to federal income tax, as well as state income tax on occasion. Some types of income, though, are exempt from paying taxes. Here are a few things that every taxpayer needs to be aware of.
Health Savings Accounts (HSAs), life insurance payouts, employer-provided insurance, disability insurance payments
What Is Considered Non-Taxable Income?Nontaxable income won't be taxed, whether or not you record it on your tax return. The following items are not taxable in the eyes of the IRS: inheritance, gifts, and bequests rebates in cash for goods you buy from a store, manufacturer, or dealer.
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Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions.May 11 Sydney accepts delivery of $40,000 of merchandise it purchases for resale from Troy: invoice dated May 11: terms 3/10, n/90; FOB shipping point. The goods cost Troy $30,000. Sydney pays $345 cash to Express Shipping for delivery charges on the merchandise.12 Sydney returns $1,400 of the $40,000 of goods to Troy, who receives then the same day and restores them to its inventory. The returned goods had cost Troy $1,050.20 Sydney pays Troy for the amount owed. Troy receives the cash immediately.1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions.2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions.
An accounting record for a business uses a journal entry to document a commercial transaction.
What is a diary entry?An official record of every business transaction is kept in a journal. Input of transactions into a journal is referred to as journalising. A debit is made to one account, and a credit is made to the other, as a result of every transaction.
Definitions and examples of journal entries:Instead of through a specific module or automatically when invoices or cash receipts are processed, general journal entries are immediately entered into the general ledger. An example of a depreciation expenditure entry is as follows:
Accounts payable= Purchases− Purchase return
=$40,000−$1,400
=$38,600
Discount=Accounts payable X 3%
=$38,600×0.03
=$1,158
Accounts receivables= sales− sales return
=$40,000−$1,400
=$38,600
Discount=receivables X 3%
=$38,600×0.03
=$1,158
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before a new variety of frozen muffins is put on the market, it is subjected to extensive taste testing. people are asked to taste the new muffin and a competing brand, and to say which they prefer. (the muffins are not identified in the test.) is this an experiment? why or why not?
An experiment deliberately imposes some treatment on individuals in order to observe their responses. So, yes this is an experiment. An experimental studies formulates some conditions in order to make an inference. An observational study tries to gather information without disturbing the scene they are observing.
What is a straightforward experiment?Researchers frequently employ a straightforward experiment to establish cause-and-effect, or to ascertain if changes in one variable might result in changes in another one.
What exactly does a psychological experiment mean?An experiment involves changing an independent variable, measuring a dependent variable, and exposing different individuals to one or more of the circumstances being investigated. In experiments, random selection of participants is also required, as is the assignment of subjects to conditions at random.
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true/false. One of the reasons that structural unemployment exists because of fluctuations in economic activity. technological changes make the skills of the workers incompatible with the skills used on the job. workers may not be willing to accept jobs at the going wage rate. it takes time for people seeking jobs and employers seeking workers to find each other.
True, all of these reasons can cause structural unemployment. Variations in economic activity are one of the causes of structural unemployment.
What is structural unemployment?Structural unemployment is a type of unemployment caused by changing economic conditions or technology that makes certain jobs obsolete. It occurs when there is a mismatch between the skills of the workers and the skills required by employers.
This type of unemployment is generally more persistent than other types of unemployment because it requires more time for workers to acquire the new skills needed to fill the available jobs.
Structural unemployment is a long-term problem and can be difficult to address, as it requires changes in educational and training systems, as well as labor market policies. It can also be caused by changes in global markets, such as when countries introduce new trade policies or open up their markets to foreign competition.
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a lender has a minimum loan amount of $150,000. the lender serves a large area including a minority neighborhood. the minority neighborhoods home value is usually $125,000 or less. this policy is an example of:
The given situation is an example of (B) disparate impact.
What is Disparate impact?Disparate impact arises when seemingly neutral laws, practices, norms, or other systems have a disproportionately negative impact on a protected group.
Employing more males than women in construction due to physical attributes like height or strength is an example of disparate effect (unintentional discrimination).
Disparate impact discrimination, as its name implies, frequently happens when an apparently neutral workplace behavior adversely affects a protected group – usually unintentionally.
A height limitation at the job is a frequent example that may disadvantage women.
Disparate impact discrimination, as its name implies, frequently happens when an apparently neutral workplace behavior adversely affects a protected group – usually unintentionally.
A height limitation at the job is a frequent example that may disadvantage women.
Therefore, the given situation is an example of (B) disparate impact.
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Complete question:
A lender has a minimum loan amount that they will lend on, that minimum loan amount is $150,000. The average home value to a minority in the neighborhood is $100,000, so the lender does not help anyone in that minority lender, this would be:
a. Disparate treatment
b. Disparate impact
c. Overt discrimination
d. Comparative evidence
powerpoint for which potential team member was most difficult to come to a consensus about? why?regarding this manor , ian was the biggest struggle. although he is very creative , he does have a habit oftaking on projects and excelling but negates the details of these projects. moreover, seeing how detail is not always a priority for ian sometimes can become backed up with projects.
He does have a tendency of taking on initiatives and succeeding at them, but he ignores their specifics. Ian's attention to detail isn't always a top concern, and he occasionally gets sidetracked by tasks.
What is a project, exactly?To put it simply, a project is a collection of activities that must be finished in order to achieve a particular goal. A combination of inputs and outputs needed to accomplish a certain objective can also be referred to as a project.
What do initiatives at work entail?Projects are brief labor activities having a defined start and finish. Projects may either be wholly contained within a single division or unit, or they may involve outside groups and suppliers. If a task satisfies the requirements, it may be regarded as a project.
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indicate the account that will be credited for each of the following transactions: a. issued common stock for cash b. borrowed money from a bank c. provided services on account d. purchased inventory on account e. collected cash from customers that owed a balance due
For each, common stock was issued: Common Stock provided the following services on account: Service Revenue, inventory purchased on account: Accounts Receivable
What exactly do you mean by inventory?Activities pertaining to all of the items, goods, products, and centre by a company for the purpose of reselling in the market for a profit. For instance, if a daily paper vendor uses a car to deliver mail to clients, only the newspaper is considered inventory.
What exactly is simple inventory?Simple Stock Control is a highest accuracy regulation, inventory management, and tracking software designed for small to medium-sized businesses with one or more locations.
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manager of creekview lodge, what is your next step in addressing the problem? take immediate action and require that all rooms be inspected by the hotel manager (you) or an assistant manager before being made available to customers review the standards of performance and compare to current performance
The next step in addressing the problem is to review the standards of performance and compare them to current performance.
What does a hotel manager do?A hotel manager, hotelier, or lodging manager oversees the management of a hotel, motel, Holiday Inn, resort, or other accommodation institution. Management of a hotel operation includes, but is not limited to, hotel staff management, business management, hotel facility upkeep and sanitary standards, guest satisfaction and customer service, marketing management, sales management, revenue management, financial accounting, purchasing, and other functions. The word "hotel manager" or "hotelier" sometimes refers to the hotel's General Manager, who acts as the hotel's chief executive, however, their tasks and responsibilities vary based on the hotel's size, purpose, and ownership expectations.
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bryant hospital, a nongovernmental, not-for-profit hospital, reported the following information for the year ended december 31, year 5: gross patient service revenue at the hospital's full established rates$980,000 credit loss expense10,000 contractual adjustments with third-party payors100,000 allowance for discounts to hospital employees15,000 what amount should be reported as net patient service revenue on bryant's statement of operations for the year ended december 31, year 5?
The amount that should be reported as net patient service revenue on Bryant's statement of operations for year ended is $90,000.
What is service revenue?Service revenue is the money that a business receives in return for rendering a service. It includes all of the services that the business provides, whether or whether the client pays for them. Revenue from services does not include interest or product shipments. The amount of money a corporation makes from the sale of services during a given time period is shown by its service revenue. However, the amount of their compensation is not made public. More calculations are required since determining how much of the service revenue you will reinvest in the firm together with other operating expenses is necessary to determine profit and income. Operating revenue is the main source of money for an organization. It includes all revenues from the services that make up the majority of the business.
Amount= 100000-10000= $90000
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frank is a new project team member with some project experience in all areas of project management, but specializing in procurements. the project has received proposals from different vendors. frank has been assigned the task to determine if the cost estimates of the procurement items provided by one of the qualified vendors are reasonable. which action should he do first?
A "price analysis" compares the offeror's price to those being charged by other sellers and by the general public for same or similar goods.
What do cost analysis and price analysis mean?A pricing analysis looks at the cost that the anticipated subcontractor is requesting, and determines whether it is fair and reasonable. However, a cost analysis truly analyses each component of the entire suggested anticipated cost.
How are prices analysed? What techniques are employed?Replacement cost, market comparison, discounted cash flow/net present value, and value comparison are the four pricing methods that can help you determine the price of what you sell.
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consumers receive more consumers' surplus when tariffs exist than when they do not exist. group of answer choices false true
False ( A tariff is tax imported items. This increases the price consumers have to pay for the product and reduces consumer surplus.)
What is the consumer surplus?
Consumer surplus occurs when the consumers pay less for the goods and services than they are willing to pay. This is a measure of the extra profit a consumer can get by paying less than they were willing to pay.
What is the consumer surplus formula?
The simplest formula to calculate consumer surplus is:
Consumer surplus = maximum price - market price. From there, an extended variation of the formula would be:
Consumer Surplus = (1/2) × Equilibrium Quantity × (Maximum Price – Equilibrium Price)
Is the high consumer surplus good?
When markets are uncompetitive, consumer surplus decreases and inequality increases. A decrease in consumer surplus leads to an increase in producer surplus and widening inequality. Consumer surplus allows consumers to purchase a wider variety of goods.
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a double line chart titled british trade with china (1815 to 1845). the x-axis is labeled year from 1815 to 1845 by fives. the y-axis is labeled millions of pounds from 0 to 20. the bottom line is exports to china. the top line is imports to china. in 1815, exports were around 5, imports were over 10. in 1825, exports were under 5, imports were around 6. in 1835, exports were around 5, imports were around 10. in 1845, exports were at 10, imports were over 15. in 1839, british imperialism in china rose as the british government forced chinese leaders to sign trade agreements. what was the effect of this action? imports increased, but exports declined. exports increased, but imports declined. both imports and exports declined. both imports and exports increased
Option D is correct. The effect of this action is that both imports and exports are increased.
What are imports and exports?Import refers to the process of bringing goods or services into a country from another country. It is the opposite of export, which refers to the process of sending goods or services from a country to another country. In the context of international trade, countries import goods and services that they need or want, and export goods and services that they produce or have in abundance. The trade balance between a country's imports and exports is an important indicator of its economic health and competitiveness in the global market.
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Financial statement disclosure of the components of income tax expense:
Must be made on the face of the income statement.
Usually is included in the disclosure notes.
Is not necessary when only permanent differences exist.
Must include the amount of cash paid for taxes.
Financial statement disclosure of the components of income tax expense: Must be made on the face of the income statement.
Hence, Option A is correct
A financial asset, or liquid asset, has value because someone has a contractual or legal claim on it. Cash, bank deposits, equities, bonds, mutual funds, and other types of cash investments are examples of financial assets.
Assets that can be used to create debt, equity investments, or other liabilities, including money, bonds, securities, and other assets. Financial assets include things like direct investments, bank loans, and formal private ownership of debt and equity securities and other things.
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