The total cost of goods sold (COGS) for the year is computed as the sum of all manufacturing expenses. Manufacturing expenses in this scenario comprise direct materials, direct labor, and manufacturing overhead.
COGS = Cost of Goods Sold + Direct Labor + Manufacturing Overhead COGS = $210,000 + $565,000 + $110,000 COGS = $885,000 As a result, the cost of products sold for the previous year was $885,000. The total cost of goods sold (COGS) for the year is computed as the sum of all manufacturing expenses. Manufacturing expenses in this scenario comprise direct materials, direct labor, and manufacturing overhead. cost of goods sold, sales revenue, income statement jasper company provided the following information for last year: line item description numerical data sales in units 280,000 selling price $12 direct materials 210,000 direct labor 565,000 manufacturing overhead 110,000 selling expense.
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a department adds all direct materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. for the month of january, there were no units in the work in process beginning inventory; 90,000 units were started into production; and there were 20,000 units that were 40% complete with respect to conversion in the work in process ending inventory at the end of january. what were the equivalent units of production for conversion costs for the month of january? 82,000 equivalent units 70,000 equivalent units 78,000 equivalent units 90,000 equivalent units
In this instance, 90,000 units were put into production, and at the end of January, 20,000 units were 40% converted. The equivalent units of production for the units put into production must be added to the
Cost accounting uses the notion of equivalent units to quantify the amount of labour put in throughout a production process. It shows how many unfinished units of output might have been finished with the total quantity of resources spent. By adding the actual units finished and the percentage of work finished on partially finished units, equivalent units are computed. By allocating total expenses to the corresponding units generated, this idea is utilised to calculate the cost per output unit in a production process. It is especially helpful in processes where certain units are only half finished at the end of the time frame or when many inputs are needed to make the finished product.
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in agile projects, the individual who leads in a collaborative manner by guiding teams and removing obstacles to their progress is called the:
In Agile projects, the individual who leads in a collaborative manner by guiding teams and removing obstacles to their progress is called the Scrum Master.
The Scrum Master is a critical role in Agile project management, particularly in the Scrum framework, which is one of the most widely used Agile methodologies. The Scrum Master serves as a coach, facilitator, and servant leader for the Scrum team, helping to ensure that the team is able to work effectively and efficiently to deliver high-quality results. The Scrum Master works to remove any obstacles or impediments that are blocking the team's progress, and helps to foster a culture of collaboration, communication, and continuous improvement. The Scrum Master also helps to ensure that the team is following the economic model Scrum framework and its practices, and helps to resolve any conflicts or issues that arise during the project.
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4. the production function depicts a relationship between which two variables? also, draw a production function that exhibits diminishing marginal product.
The link between the inputs of labour, capital, and other factors and the outputs of goods and services is represented by a production function. Gross Domestic Product, or GDP, is the output of interest in macroeconomics.
A linear production function with labour as the sole input is the most basic form of production.For instance, the production function would be the following if one worker could create 500 pizzas in a day (or other specified time period):
Q = 500 L
A straight line would appear on a graph if one worker produced 500 pizzas, two workers produced 1000, and so on.
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supply is group of answer choices the amount of some good or service a producer is willing to supply at a single price. none of the above. the set of all combinations of price and quantity demanded. the amount of some good or service a producer is willing to supply at each price
Optin b & c: the amount of some good or service a producer is willing to supply at a single price and the amount of some good or service a producer is willing to supply at each/every price.
Supply is an economist term used to refer to the amount of a good or service that a producer is willing to spend at a particular price or price range.
Delivery is made in accordance with the shipping law regarding prices.
At a particular price, a manufacturer may be willing to offer a particular product or service. Alternatively, if different materials are involved, the manufacturer may be willing to quote a single price for all items listed.
Supply is a fundamental economic concept that describes the total amount of a particular good or service available to consumers. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.
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Complete question:
Supply is
(A) the set of all combinations of price and quantity demanded.
(B) the amount of some good or service a producer is willing to supply at a single price.
(C) the amount of some good or service a producer is willing to supply at each price
d: none of the above.
when appgame company delivers pizza to customers on account and bills its customer accounts, it should record a debit to
When AppGame Company delivers pizza to customers on account and bills its customer accounts, it should record a debit to Accounts Receivable (or Trade Receivables) and a credit to Sales Revenue.
Accounts Receivable represents the amount owed by customers to AppGame Company for goods or services that have been delivered but not yet paid for. By recording a debit to Accounts Receivable, AppGame Company is increasing the amount owed to them by their customers.
On the other hand, Sales Revenue represents the income earned by AppGame Company for selling goods or services to its customers. By recording a credit to Sales Revenue, AppGame Company is recognizing the revenue earned from the sale of pizza to its customers.
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how much money shoyuld be depostied annually in a bank account for ficve years if you wish to withdraw 5000 each year for three years
Assuming an interest rate of 4%, you should deposit roughly $2,997.56 per year in the bank account for five years in order to withdraw $5,000 every year for three years.
The interest rate on the account and the total amount that has to be withdrawn must be taken into account.
Assume the bank account will earn 4% interest.
$5,000 x 3 = $15,000 must be withheld over the course of three years.
We must determine the future value of the yearly deposits over five years, assuming a 4% interest rate, to make sure there is enough money in the account:
FV is equal to PMT x ((((1 + r)n-1) / r)
When solving for PMT, we obtain:
PMT is equal to FV / (((1 + r)n-1) / r)
PMT = $15,000 / (((1 + 0.04)^5 - 1) / 0.04) = $2,997.56
So, assuming an interest rate of 4%, you should deposit roughly $2,997.56 per year in the bank account for five years in order to withdraw $5,000 every year for three years.
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According to GAAP, when is income reported?
1. Whenever the firm decides to report it
2. When it is first anticipated
3. When cash payment is received
4. When it is earned or accrued
According to GAAP, income is reported when it is earned or accrued.
This means that income is recognized when the company has completed the necessary work or has provided the necessary goods or services to earn the income, even if payment has not yet been received.
This is known as the accrual basis of accounting and is a fundamental principle of GAAP. It is important for companies to follow this principle in order to accurately reflect their financial performance and provide reliable information to investors and other stakeholders.
Accrual basis is an accounting method in which transactions are recorded when they are earned or incurred, regardless of when the money is actually received or paid. Under accrual accounting, revenue is recognized when it is earned, which is typically when the goods or services have been delivered, and expenses are recognized when they are incurred, which is usually when the goods or services have been received.
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The budget for a project on voting trends includes $3200 for hiring undergraduate students, graduate students, and faculty members to conduct interviews on the day before an election. Each undergraduate student will conduct 30 interviews for $100. Each graduate student will conduct 32 interviews for $150. Each faculty member will conduct 33 interviews for $200. No more than 20 interviewers can be hired. How many of each type of interviewer should be hired in order to maximize the number of interviews? What is the maximum number of interviews?
A)___undergraduate students, __ graduate students, and___ faculty members should be hired to maximize the number of interviews
A) 4 undergraduate students, 16 graduate students, and 0 faculty members should be hired to maximize the number of interviews.
What does the term "budget" mean?In a budget, planned expenses are expressed together with suggestions for how to fund them. A budget might show a surplus of resources for later use or a deficit if expenses are greater than income and other resources.
The budget of a government is a summary or plan of the anticipated resources (often but not always from taxes) and expenditures of that government. There are three types of government budget: the operating or current budget, the capital or investment budget, and the cash or cash flow budget.
Let xi stand in for the professor, graduate, and undergraduate students.
a lengthy interview
[tex]\mathrm{P = 18x_1+25x_2+30x_3}[/tex]
Subject to
[tex]\mathrm{x_1 +x_2 +x_3\le 20}[/tex]
[tex]\mathrm{100x_1+150x_2+200x_3 \le 3200}[/tex]
[tex]\mathrm{x_1 ,x_2 ,x_3\ge 0}[/tex]
[tex]\mathrm{P_{max} = 520 , x_1 = 0 , x_2 = 16 , x_3 = 4}[/tex]
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Something that all of the predatory financial services have in common is...
Answer options are something that all predatory financial businesses have in common. All of them allow for the generation of income.
A predatory individual is what?
Emotional predators always mercilessly utilise others to acquire what they want, despite the fact that they conceal it under endearing and deceiving appearances. They employ a number of strategies to satisfy their desire for power because that is what they really want: to feel powerful, successful, and in charge. a predatory species of animal. wolves and bears are examples of predators. Predators in the wild keep the rabbit population under check.
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in september, lauren ashley company purchased materials costing $170,000 and incurred direct labor cost of $150,000. overhead totaled $325,000 for the month. information on inventories was as follows: line item description september 1 september 30 materials $120,000 $130,000 work in process 80,000 90,000 finished goods 70,000 65,000 required: what was the cost of goods sold for september? fill in the blank 1 of 1$
The cost of goods sold for september is $640,000.
In order to compute the cost of goods sold, first we have to determine the cost of goods manufactured which is shown below:
Cost of goods manufactured = Work in process, September 1 + Manufacturing cost - Work in process, September 30
where manufacturing cost equal to
= Purchase of direct material + Direct labor cost + Manufacturing Overhead cost
= $200,000 + $120,000 + $325,000
= $645,000
So the Cost of goods manufactured would be
= $80,000 + $645,000 - $90,000
= $635,000
And, the cost of goods sold would be
= Finished goods, September 1 + Cost of goods manufactured - Finished goods, September 30
= $70,000 + $635,000 - $65,000
= $640,000
Hence , the cost of goods sold for september is $640,000.
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how many times has the fed raised interest rates in 2022
The Federal Reserve has not yet raised interest rates in 2022. The Federal Reserve will likely wait until economic conditions improve before raising interest rates.
The Federal Reserve is the central banking system of the United States. It was created in 1913 and is responsible for implementing monetary policy, regulating banks, and providing financial services to depository institutions. The Federal Reserve is made up of a Board of Governors and 12 regional Reserve Banks. Its primary goal is to promote the stability of the US economy. It does this by setting and adjusting the interest rate to reach its dual mandate of maximum employment and stable prices.
Currently, the U.S. economy is still recovering from the impacts of the coronavirus pandemic, which has caused a significant decline in economic activity. The Federal Reserve is likely waiting for the economy to become more stable before increasing interest rates.
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b. determine the amount of manufacturing overhead cost that would have been applied to the kooper job. c. determine the amount of manufacturing overhead cost that would have been applied to the smith job.
To calculate the manufacturing overhead cost that would have been applied to a specific job, we would need to know the predetermined overhead rate, which is typically calculated based on the estimated total overhead cost and the estimated activity level for the period.
Additionally, we would need to know the actual activity level for each job, such as direct labor hours or machine hours, to apply the predetermined overhead rate and calculate the amount of manufacturing overhead cost to be applied to each job.
Without this information, it is impossible for me to provide a specific answer to your question. If you could provide me with additional details about the scenario or problem you are working on, I would be happy to assist you further.
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steve wilson wants to deposit $150 per month into an account earning 4 percent for the next 3 years, so he can purchase a used car at that time. what type of computation would he use to determine the amount he will have for his purchase? group of answer choices a) present value of a single amount b) future value of a single amount c) future value of an annuity d) present value of an annuity e) simple interest
The correct option is C. Future value of an annuity computation and the amount he will have for his purchase.
An account is a particular report inside an employer's financial ledger or balance sheet. Accountants, finance experts, and bookkeepers can use debts to report important financial records, like reporting day-by-day transactions to confirm the exact amount of money an organization has at any moment.
In accounting, an account is a document within the famous ledger this is used to kind and maintain transactions. as an example, groups may additionally have an account of a coin wherein to file every transaction so one can increase or decreases the business enterprise's cash. fundamental accounting ideas used in commercial organizations globally cover income, charges, belongings, and liabilities. the one's elements are tracked and recorded in documents which encompass stability sheets, income statements, and cash glide statements.
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houses are less expensive in laramie, wy than they are in calabasas, ca, ceteris paribus. in this example, purchasing power parity (ppp) does not hold. why?
Purchasing power parity (PPP) is a theory that suggests that in the long run, exchange rates should adjust to equalize the prices of goods and services in different countries.
Explain PPP in the case of laramie and calabasas?In this example, if houses are less expensive in Laramie, WY, than they are in Calabasas, CA, ceteris paribus (all other things being equal), it means that the cost of living is lower in Laramie than in Calabasas. Therefore, if PPP were to hold, we would expect the exchange rate between the US dollar and other currencies to reflect this difference in the cost of living.
However, there are many reasons why PPP may not hold in practice, even in the long run. One reason is that there are many factors that influence the cost of living, such as taxes, regulations, infrastructure, and cultural differences, that are difficult to quantify and compare across different countries. Additionally, market inefficiencies, such as transportation costs, tariffs, and non-tariff barriers, can prevent the equalization of prices across borders.
Therefore, even if houses are less expensive in Laramie, WY than they are in Calabasas, CA, ceteris paribus, it does not necessarily mean that PPP does not hold. It may simply reflect differences in the cost of living that are not fully captured by exchange rates. However, if the price differences persist over time, it could be an indication of market inefficiencies or other factors that prevent the equalization of prices.
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wagner company's financial records show that it has a mortgage that requires monthly principal payments of $3,000. the mortgage loan matures in 15 years. what should wagner show on its balance sheet at the end of the current year? (select all that apply.)
The Current Liabilities are $36,000 and the Non-Current Liabilities are $504,000. Wagner company is expected to show the relevant calculations of the Mortgage in both its current and non-current liability.
Step 1: Calculations for Current Liabilities
Monthly Principal Payments = $3000
Yearly payments = $3,000 x 12 months = $36,000
According to this calculation, the $36,000 in mortgage principal that is due during the current year will appear on Wagner's current liability (which displays liabilities due within 12 months).
Step 2: Calculations for Non-Current Liabilities
Yearly Payment = $36,000
Payment for 15 years= $36,000 x 15 = $540,000
however, since the current year liability is already showing $36,000
The Long term Liability of Wagner will show:
$540,000- $36,000 = $504,000
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what explicit tax rate would keep orlando indifferent between purchasing a municipal bond with a 4.0 percent return and a taxable bond with a 5.5 percent before-tax return?
Explicit tax rate of 27.3 % would keep Orlando indifferent between purchasing a municipal bond with a 4.0 percent return and a taxable bond with a 5.5 percent before-tax return.
Requirement 1-
0.055 * (1 - Tax Rate%) = 0.04
1 - Tax % = 0.04 / 0.055
1 - Tax % = 0.727
Let Tax % is X
1 - 0.727 = Tax %
0.273 = Tax %
Tax = 27.3 %
Tax compliance refers to individual policies and behavioral measures to ensure that taxpayers pay the right amount of tax at the right time and benefit from appropriate preferential and reimbursement policies. A tax is a compulsory fiscal levy or other tax imposed on taxpayers by government agencies to fund government and other government spending. Late payments, tax evasion, and other forms of tax resistance are prohibited and subject to legal penalties.
Hence the correct option is B
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The above question is incomplete, the complete question is-
What explicit tax rate would keep Orlando indifferent between purchasing a municipal bond with a 4.0 percent return and a taxable bond with a 5.5 percent before-tax return? Multiple Choice
A. 25.0%
B. 27.3%
C. 31.2%
D. 33.5%
perry is planning a vacation to europe in 2 years. how much should he invest in an account that pays 3% simple interest to get the $3500 that he needs for the trip? round to the nearest dollar.
Perry needs to invest approximately $58,333.33 to get $3500 in two years at a simple interest rate of 3%. Rounded to the nearest dollar, the answer is $58,333.
Why it is?
To calculate the amount Perry needs to invest to get $3500 in two years at a simple interest rate of 3%, we can use the formula:
Simple Interest = Principal x Interest Rate x Time
where:
Principal is the amount Perry needs to invest
Interest Rate is 3% expressed as a decimal, i.e., 0.03
Time is 2 years
Substituting the given values, we get:
3500 = Principal x 0.03 x 2
Solving for the Principal, we get:
Principal = 3500 / (0.03 x 2)
Principal = 3500 / 0.06
Principal = 58333.33
Therefore, Perry needs to invest approximately $58,333.33 to get $3500 in two years at a simple interest rate of 3%. Rounded to the nearest dollar, the answer is $58,333.
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below are amounts (in millions) from three companies' annual reports. beginning accounts receivable ending accounts receivable net sales walco $1,815 $2,762 $322,427 tarmart 6,166 6,694 67,878 costget 629 665 68,963 required: 1. calculate the receivables turnover ratio and the average collection period for walco, tarmart and costget. 2. which company appears most efficient in collecting cash from sales?
The receivables turnover ratio and the average collection period for wilco, term art, and cost get is 140.89, 10.56, and 106.59.
Tarmart company appears most efficient in collecting cash from sales.
Avrege Accounts receivable = Beginning Accounts recievable + Ending Accounts recievable /2
Walco = (1815+2762) /2 = 2288.5
Tarmart = (6166+6694) /2 = 6430
Cost Gel = (629+665) /2 = 647
Accounts receivable turnover ratio
Company Net sales /Average Accounts receivable = Receivable Turnover ratio
Walco 322427 / 2288.50 =140.89
Tarmart 67878 / 6430 =10.56
Costgel 68963 / 647 =106.59
Average Collection period
Company Number of days/Accounts receivable turnover = Average collection period
Walco 365/140.89 =2.59 days
Tarmart 365 /10.56 =34.56 days
Costgel 365 /106.59 =3.42 days
An account is a particular report inside an employer's financial ledger or balance sheet. Accountants, finance experts, and bookkeepers can use debts to report important financial records, like reporting day-by-day transactions to confirm the exact amount of money an organization has at any moment.
In accounting, an account is a document within the famous ledger this is used to kind and maintain transactions. as an example, groups may additionally have an account of a coin wherein to file every transaction so one can increase or decreases the business enterprise's cash. fundamental accounting ideas used in commercial organizations globally cover income, charges, belongings, and liabilities. the one's elements are tracked and recorded in documents which encompass stability sheets, income statements, and cash glide statements.
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a stock index has a value of 4,413, an anticipated dividend of $58, and a risk-free rate of 1.5%. what should be the value of one futures contract on the index?
The value of one futures contract on the index should be 4,522.95. This is calculated by adding the index value (4,413) to the anticipated dividend (58) and multiplying this sum by the risk-free rate (1.5%). (4,413 + 58) x 1.5% = 4,522.95.
A futures contract's price is typically higher and tracks the price of the underlying asset, in this case equities. For instance: One Reliance Industries futures contract costs Rs 2,186. One State Bank of India futures contract costs Rs. 386.75. The true worth of your position is its contract value. Value at the beginning. When a futures contract is first purchased, it has no value for the buyer (the party holding the long position), and its value at expiration is equal to the difference between the associated spot rate on the expiration date and the futures price, which is the price at which the futures contract was purchased. V T = S T − F 0.
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Preparation of a bank ______ helps maintain control of cash accounts.
Preparation of a bank reconciliation helps maintain control of cash accounts.
A bank reconciliation is the process of matching the balances in an reality's account records for a cash account to the corresponding information on a bank statement. The thing of this process is to ascertain the differences between the two, and to bespeak changes to the account records as applicable. The information on the bank statement is the bank's record of all deals impacting the reality's bank account during the once month.
A bank conciliation should be completed at regular intervals for all bank accounts, to insure that a company's cash records are correct. else, it may find that cash balances are much lower than anticipated, performing in bounced checks or overdraft freights.
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doretha wants to buy a car that is available at two dealerships. the price of the car is the same at both dealerships. smith motors would let her make quarterly payments of $6,800.00 for 5 years at a quarterly interest rate of 3.54 percent. her first payment to smith motors would be due immediately. if ramos cars would let her make equal monthly payments of $4,400.00 at a monthly interest rate of 2.22 percent and if her first payment to ramos cars would be in 1 month, then how many monthly payments would doretha need to make to ramos cars? 17.46 (plus or minus 0.3 payments) 17.93 (plus or minus 0.3 payments) 30.86 (plus or minus 0.3 payments) 31.85 (plus or minus 0.3 payments) 16.19 (plus or minus 0.3 payments)
Doretha would have to pay Ramos Cars 30.86 (plus or minus 0.3 payments) per month. This is 30.86 (plus or minus 0.3 payments), which is closest to 31.85 when rounded to two decimal places (plus or minus 0.3 payments). Thus, "31.85 (plus or minus 0.3 payments)" is the correct response.
PV is the present value of the loan (the cost of the car), PMT is the quarterly payment, r is the quarterly interest rate, and n is the number of quarterly payments. In this instance, PMT = $6,800.00, r = 0.0354/4, and n = 5 x 4 = 20. By entering these values into the formula, we obtain:PV = $6,800.00 x (1 - (1 + 0.0354/4)^-20) / (0.0354/4) ,PV ≈ $90,357.48 Hence, the total amount of payments for Smith Motors is roughly $6,800.00 multiplied by 20 to equal $136,000.00. To determine the amount of monthly payments for Ramos Vehicles, we may once more use the present value formula for an annuity: In this instance, PMT = $4,400.00, r = 0.0222, and we're trying to find n. After entering these values into the formula,The total amount of payments for Ramos Vehicles therefore equals to $4,400.00 x n. By equating the two total payments, we obtain: $136,000.00 = $4,400.00 x n,n ≈ 30.86.
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the initial amount deposited/invested (OR the amount borrowed on a loan)
The initial amount deposited/invested (OR the amount borrowed on a loan) principal.
What are the main and outstanding balance?The term "principal amount" refers to the first sum received in a loan or the face value of a bond. This is the initial sum borrowed, about which interest is assessed. As the debtor makes payments, the balance of the loan or bond gets smaller. The percentage of the loan or debt that has not been repaid is the outstanding amount. This covers both the principal sum and any accumulated but unpaid interest. With each loan or bond fee paid by the borrower, the balance due decreases. The principal balance is the total outstanding amount of this sum, exclusive of interest, whereas the principal is the sum of money you initially lent.
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why part of our brains (the mesolimbic dopamine system) makes it difficult to keep a consistent customer focus
The MIT researchers discovered that the insular cortex, in contrast to the visual cortex, is the remote brain region most impacted by dopamine.
When the brain has more dopamine than it can handle, what occurs in the brain?Being overdopamined, or having too much dopaminergic concentrated in some areas of the brain while having insufficient dopamine in other areas, is associated with being impulsive, aggressive, and more competitive. ADHD, binge eating, addiction, and gambling are just a few of the diseases it can cause. The perception of a body's thoughts and feelings, both physical and emotional ones, depends on this region for many cognitive processes.
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a portfolio analysis involves which of the following? multiple select question. management allocates its resources to products with the greatest potential to be profitable. management identifies and evaluates opportunities using stp. management develops the marketing mix for each sbu. management evaluates the firm's various products and businesses.
Portfolio analysis involves -
Management evaluates the firm's various products and businesses.Management allocates its resources to products with the greatest potential to be profitable.Portfolio analysis is an assessment of the parts remembered for a blend of items determined to pursue choices that are supposed to work on in general return. The term applies to the interaction that permits a chief to perceive better ways of dispensing assets determined to increment benefits. It could likewise allude to a speculation portfolio formed by protections. At the point when an organization showcases a scope of various items or administrations, it is expected to occasionally lead portfolio investigation. This means breaking down every item independently regarding productivity, commitment to the organization's pay and development potential. This investigation works with the distinguishing proof of items that are not beneficial by any stretch of the imagination or play inadequately inside the gathering.
The items are ordered by pre-characterized models, for example, deals esteem, piece of the pie, net benefit, commitment edge and life cycle. The outcomes could obviously highlight items that ought to be removed from the market or basically get fewer assets. It could likewise demonstrate that the organization should build its ventures and endeavours to some star items that have a higher potential. The examination is made to work on the worldwide portfolio's presentation since a definitive goal is boosting benefits for investors.
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Complete Question -
A portfolio analysis involve which of the following? (Select all that apply.)
Management identifies and evaluates opportunities using STP.Management evaluates the firm's various products and businesses.Management develops the marketing mix for each SBU.Management allocates its resources to products with the greatest potential to be profitable.which of the following best demonstrates concise writing? a. because this training is a company requirement, it must be completed. b. this is to inform you that until training is completed, pay raises will be withheld. c. there are several things that each and every employee must know about workplace hazards. d. the directors are of the opinion that hazmat training is absolutely essential.
Because this training is a company requirement, it must be completed is the best demonstrates concise writing.
The sentence is written in a clear and concise manner, using simple language to convey the meaning effectively. It expresses that the training is mandatory for the company and must be finished. The use of the word "because" at the beginning of the sentence indicates the reason for the requirement, and the phrase "must be completed" emphasizes the importance of completing the training. Overall, the sentence effectively conveys the information in a straightforward manner.
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polk co. acquires a forklift from quest co. for $30,000. the terms require polk to pay $3,000 down and finance the remaining $27,000. on march 1, year 1, polk pays the $3,000 down and accepted delivery of the forklift. polk signed a note that requires polk to pay principal payments of $1,000 per month for 27 months beginning july 1, year 1. what amount should polk report as an investing activity in the statement of cash flows for the year ended december 31, year 1? $30,000 $12,000 $9,000 $3,000
In the statement of cash flows for the fiscal year that ended on December 31, Year 1, Polk should note a $3,000 investment activity.
The $3,000 down payment is the company's investment in the forklift and symbolises Polk's financial outflow. For the year ending December 31, Year 1, the $27,000 borrowed amount is not regarded as a cash outflow because it is a liability that will be paid back over time. Therefore, in the statement of cash flows for the year ended December 31, Year 1, only the $3,000 down payment should be listed as an investing activity. The entrance and outflow of cash in a business's or an individual's financial activity is referred to as cash flow. It is a crucial indicator of a company's financial health and aids in determining its capacity to produce positive cash flows and settle its debts.
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Use the Internet to research the Robinson-Patman Act and list 3 forms of discrimination this legislation prevents.
The Robinson-Patman Act, officially known as the Anti-Price Discrimination Act of 1936 and passed in the United States in 1936, forbids large franchised
The 3 forms of discrimination this legislation prevents are: pricing, promotional allowances, and advertising by large franchised companies.
What was Robinson-Patman Act?The Robinson-Patman Act image lists three types of discrimination that it forbids. An antitrust statute passed in the United States in 1936 called the Robinson-Patman Act (RPA) forbids large chains and franchises from discriminating against small firms on the basis of pricing.
A federal statute known as the Robinson-Patman Act was created in 1936 to safeguard small firms from unfair competition. It forbids big businesses from giving exclusive discounts to some clients that are not extended to all clients. Additionally, the legislation forbids businesses from using specific forms of price discrimination.
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The discrimination that Robinson-Patman Act legislation prevents includes on:
pricing,promotional allowances, advertising What was the Robinson-Patman Act?Robinson-Patman Act, also known as Anti-Price Discrimination Act, is a United States law enacted in 1936 that protects small businesses from being driven out of the market by prohibiting pricing, promotional allowances, and advertising discrimination by large franchised companies.
The Robinson-Patman Act also seeks to protect wholesalers from exclusion from the purchasing chain. Wholesalers are opposed to such franchises buying products directly from manufacturers. The Robinson-Patman Act is part of the Clayton Act of 1914's antitrust legislation.
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corrine is a licensee who works for melissa, whose license was just suspended. what brokerage activities may corrine still perform?
Working for Melissa, whose license was recently suspended, is Corrine, a licensee. What brokerage tasks is Corrine still capable of performing? She is not allowed to engage in brokerage activity.
What is the synonym of performing?
Melissa, whose license was just suspended, employs Corrine, a licensee. What brokerage tasks still remain available for Corrine to complete? She's prohibited from engaging in any brokerage operations.
The verb "perform" has a number of popular synonyms, including "accomplish," "achieve," "discharge," "effect," and "execute." While all of these verbs indicate "to carry out or to put into effect," perform suggests activity that adheres to established patterns or processes or meets predetermined conditions and frequently connotes particular competence. gymnastics performed noun. noun. /prfrmns/ 1[countable] the act of putting on a play, concert, or other type of entertainment Beginning at seven, the show will begin.
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what is the present value of the following? a. $8,200 in 12 years at 8 percent? (do not round intermediate calculations. round your final answer to 2 decimal places.) b. $18,500 in 7 years at 11 percent? (do not round intermediate calculations. round your final answer to 2 decimal places.) c. $28,000 in 16 years at 9 percent? (do not round intermediate calculations. round your final answer to 2 decimal places.)
The present value of the following is $3256.33, $8910.68, and $7052.35.
The present value formula is PV=FV/(1+i)n, where you divide the future value FV by a factor of 1 + I for each period between present and future dates
a) $8,200 in 12 years at 8 percent
PV = $8200/(1+0.08)12
=$3256.33
B)$18,500 in 7 years at 11 percent
PV = $18500/(1+0.11)7
= $8910.68
C) $28,000 in 16 years at 9 percent
PV = $28000/(1+0.16)9
= $7052.35
Gift cost (PV) is the present-day fee of a destiny amount of money or circulation of coins flows given a precise charge of return. destiny coins flows are discounted at the discount fee, and the higher the cut price charge, the lower the present fee of the destiny coins flows. A greenback today is worth more than a dollar the following day due to the fact the dollar may be invested and earn a day's worth of hobby, making the full gather to a cost greater than a greenback by using the next day.
In economics and finance, gift fee (PV), also referred to as gift discounted cost, is the cost of an expected income circulate decided as of the date of valuation. the existing cost is normally less than the future price because money has interest-incomes capability, a feature called the time cost of money, except at some stage in times of 0- or poor hobby rates, whilst the present fee can be the same or more than the future value. The initial quantity of borrowed budget (the prevailing price) is less than the full sum of money paid to the lender.
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____ consists of raw facts, such as an employee number, number of hours worked in a week, inventory part numbers, or sales orders.
Data consists of raw facts, for example, a worker number, the number of hours worked in seven days, stock part numbers, or deals orders. A cycle is an assortment of activities done in a way that checks out and prompts a particular outcome.
Raw facts make up information, such as the number of representatives, how many hours worked every week, the part numbers in the stock, or the deals orders. Data is a gathering of realities organized such that gives them esteem.
The expression "raw" indicates that the realities have not yet been completely handled to uncover their actual importance. Different sources are utilized to obtain information. It is assembled for some purposes. Information might incorporate numbers, letters, images, and so forth.
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