A new brand of garden shears with a two-year warranty against faults was introduced by Green Thumb Company in 2016.
What is in a garden?
The majority of gardens are made up of both natural and man-made components, however even the most "natural" gardens are always the result of artificial design. The main natural components of a garden include soil, water, air, light, flora (such as trees and weeds), fauna (such as arthropods and birds), and dirt. labouring in a garden, tending to the plants' growth and maintenance, and keeping it attractive: Gardening has always been a hobby for my mother. gloves for gardening.
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plays an important role for habitat homes in various regions. it supplies all the materials and the labor expertise needed where the giant retailer operates. home depots management is making this commitment to philanthropy rather tham simply donating money to national charities. home deepot thus uses the practice of
Plays an important role for habitat homes in various regions. it supplies all the materials and the labor expertise needed where the giant retailer operates. home depots management is making this commitment to philanthropy rather tham simply donating money to national charities. home deepot thus uses the practice of Strategic giving .
What is the specialty of the large hypermarket?
With a strong emphasis on fresh fruit, groceries, household goods, and general merchandise, Giant's supermarkets and hypermarkets offer a wide variety of economical products for the consumer on a tight budget.
What does the word "retail" actually mean?
In contrast to wholesale, which is the sale of goods and services to company or institutional clients, retail is the sale of goods and services to consumers.
A retailer buys products in bulk from manufacturers, either directly or through a wholesaler, and then sells them to consumers in smaller quantities for a profit. the distribution of products or services to final consumers in modest quantities.
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as a presidential candidate, william jennings bryan was appealing to populists due to his: group of answer choices support for free-silver economic policies. support for government ownership of banks. close ties with banks and wall street. experience as an organizer of pro-labor rallies.
As a presidential candidate, William Jennings bryan was appealing to populists due to his support for free-silver economic policies.
What is economic policies?Economic policies are government policies that are designed to influence the economy in different ways. These policies typically involve the taxation of businesses and individuals, government spending, regulation of the economy, and the availability of credit. Economic policies are designed to promote economic growth, employment, and to ensure a stable and healthy economy. They can also be used to address specific economic issues such as inflation, stagflation, and unemployment. Economic policies are based on economic theories and concepts, and their implementation depends on the resources available to the government. Generally, governments use economic policies to achieve their economic goals and objectives.
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how do the types of accounts used to assign manufacturing costs in a process cost system differ from those used to assign manufacturing costs in a job order cost system?
Process costing in accounting is a strategy for allocating production costs to output units. Production expenses cannot be linked to specific units of output in process costing systems.
Briefing:-To production departments, costs are first apportioned. In order to allocate the costs to the output units as they pass through the departments.
How are production expenses handled?You sum the expenses of direct materials, direct labor, and manufacturing overheads to determine the overall production cost. This can be expressed mathematically as follows: Total production cost = Direct materials + Direct labor + Manufacturing overheads. That is its basic form.
What three expenses are added to a manufacturing company's work-in-process accounts?Direct materials, direct labor, and overhead are the three main types of expenditures that are accounted for during the manufacturing process.
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mammoth corporation has 100,000 shares of $10 par value common stock outstanding. at year-end, the company declares a five percent stock dividend. the market price of the stock on the declaration date is $30 per share. three weeks later, the company issues the shares of stock to stockholders. a. prepare the journal entry for the declaration of the stock dividend. b. prepare the journal entry for the issuance of the stock dividend. c. assume that the company declared a 50 percent stock dividend rather than a five percent stock dividend. prepare the journal entries for (1) the declaration of the stock dividend and (2) the issuance of the stock dividend.
The company declares a 5% cash dividends at year's end. Behemoth Conglomerate has 100,000 shares outstanding of ordinary stock with a $10 par value.
What do you mean by common stock?Common stock is a type of tradeable asset, or security, that equates to ownership in a company. If you own common stock in a company, you have the right to vote on things like corporate policies and board of director decisions. Common stock is just one type of stock traded on public exchanges.
What exactly are company shares and common stock?The primary distinction between preferential and ordinary stock is that common stock grants investors voting rights, whilst preferred stock does not. Preferred stockholders get dividend payments prior to ordinary shareholders since they have preference over the income statement.
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In the absence of barriers to entry, a typical firm is currently in long-run equilibrium. Assume there is an increase in the market demand for the good that the firm is producing. Which of the following will happen in the long run?
A
New firms will enter the market.
B
The market supply will decrease, but the quantity supplied will increase.
C
The firm will earn positive economic profit.
D
The firm's price will be greater than its average revenue.
E
The firm will continue to produce the same quantity of output.
A. In the long run new firms will enter the market and the firm will earn a positive economic profit.
In the long run, when market demand increases and there are no barriers to entry, new firms will enter the market. This increases the market supply, which leads to a decrease in the price of the good.
The decrease in price leads to an increase in the quantity supplied, which is greater than the original quantity supplied by the firm. This increased quantity supplied is greater than the increased market demand, leading to an equilibrium price that is lower than the original price.
The firm will earn positive economic profit since the price is higher than the firm's average cost of production. This increase in economic profit will further encourage new firms to enter the market, further increasing market supply and driving the equilibrium price down, until the new long-run equilibrium is reached.
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what is the value of zero coupon, $1,000 par value bond, maturing in 8 years if the appropriate discount rate is 6%?
The present value of the bond's face value, discounted at the right rate, determines its value.
What is the value of a zero coupon?
A bond with a zero coupon does not accrue interest until it matures. Instead, it is offered for sale at a lower price than its face value, with the difference between the two representing the interest accrued on the bond.
The value of the zero coupon bond is $1,000 / (1 + 0.06)^8, assuming a discount rate of 6%.
The formula PV = FV / (1+r)n is used to determine the bond's present value, where
PV stands for present value,
FV for face value,
r for the discount rate, and
n for the number of years to maturity.
Therefore, assuming the proper discount rate is 6%, the value of the zero coupons, a $1,000 par value bond maturing in 8 years is
$1,000 / (1 + 0.06)^8
= $1,000 / (1.06)^8
= $1,000 / 1.48
= $676.89.
As a result, the bond's current value, which is less than its $1,000 face value because it does not pay interest until maturity, is $676.89.
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which of the following is a pre-purchase behavior exhibited by consumers? a. assessing the purchase process b. narrowing the consideration set c. searching for possible solutions d. deciding on a retail channel
C. Searching for possible solution. Before purchasing a product, buyers compare and weigh their options throughout this phase of the buying cycle.
Why does the pre-purchase stage matter?For organizations, the pre-purchase phase is frequently seen as one of the most crucial. You're establishing new ties. Potential clients are drawn to you. And you're presenting your company in its best possible light.
What are the steps in the customer decision-making process before a purchase?Consumers use this method to assess whether to make a purchase. The five processes include problem identification, information search, examination of alternative options, purchase choice, and post-purchase analysis.
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acknowledging sources in the body of a report is appropriate for academic work, but never in business. true or false
False. It is acceptable to cite sources in the body of a report for both academic and professional writing.
Why acknowledging sources in the body of a report is appropriate for academic work, but never for business?
Correctly referencing sources is a crucial part of the research process in academic writing. It is crucial to acknowledge the primary writers and scholars who have made significant contributions to the corpus of knowledge in a certain discipline. Plagiarism, a major academic offence, can be charged when sources are not correctly cited.
Acknowledging origins is crucial in business. Business reports frequently incorporate information and analysis from a range of sources, including market research, industry studies, and financial analysis. In addition to giving credit to the original writers, citing these sources builds credibility and confidence with the report's audience. Furthermore, accurate citation of sources helps shield the business from any potential legal problems brought on by copyright infringement.
In general, citing sources encourages openness, dependability, and trustworthiness in all kinds of writing. It is crucial to follow this format in all reports, whether they are for academic or professional purposes.
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what was one of the major economic problems caused by the articles of confederation that brought the delegates together in philadelphia? group of answer choices
One of the major economic problems caused by the Articles of Confederation that brought the delegates together in Philadelphia was state raids on property rights.
On November 15, 1777, the Congress enacted the Articles of Confederation. America's first constitution was based on this article. It was replaced by the existing Constitution on March 1, 1781. It was applicable from that day forward till that moment. States were on the verge of economic collapse, and the federal government had limited authority to mediate disputes between them.
Territorial disputes, war pension disputes, tax disputes, and commerce disputes all posed a danger to the nation's unity. To update the Articles of Confederation, the Constitutional Convention met in Philadelphia in May of 1787. In order to converse freely, they shuttered the State House's (Independence Hall) windows and took a secret oath. The delegates voted to entirely restructure the government by mid-June. The new Constitution, which is still in force today, was signed after three sweltering summer months of heated discussion.
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. a computer company decides to continuously adjust the pricing of and discounts to its products in an effort to remain competitive. the function p(t) gives the sale price of its super 2000 computer as a function of time. the function d(t) gives the value of a special discount it offers to valued customers. how much would valued customers have to pay for one super 2000 computer?
The amount that valued customers would have to pay for one Super 2000 computer would be equal to the sale price of the computer minus the value of the special discount, or p(t) - d(t).
How much would one Super 2000 computer cost for devoted customers?The amount that valued customers would have to pay for a Super 2000 computer is equal to the sale price minus the discount.This would be calculated as p(t) - d(t).The sale price and discount will vary depending on the current market conditions and the company's competitive strategy.As such, the exact amount that valued customers would need to pay for the computer cannot be specified without knowing the value of p(t) and d(t).However, given the company's strategy of continuously adjusting its pricing and discounts, customers can be assured of competitive pricing.The amount valued customers would have to pay for one Super 2000 computer would be p(t) - d(t).To learn more about the discounted sale price refer to:
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A measurement is considered ______ if it actually measures what it is intended to measure, according to the topic of the study. a. reliable b. sociological
Depending on the topic of research, a measurement is considered valid if it actually measures what it ought to measure.
Validity is the degree to which a measurement represents the intended variable. Reliability is defined in the text as: A measure of study consistency that takes into account the likelihood that results will be replicated when the study is replicated. Many issues studied in modern sociology were also studied by ancient philosophers who wanted to describe an ideal society, including theories of social conflict, economics, social cohesion, and power (Hannoum 2003).
Direct measurements allow you to measure specific factors such as height, weight and blood pressure. 3. Researchers will conduct studies to identify relationships between lifestyle choices and the development of chronic disease. Validity refers to the extent to which an instrument measures what it is meant to measure.
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The complete question is:
1. A measurement is considered ______ if it actually measures what it is intended to measure, according to the topic of the study.
a. reliable
b. sociological
c. valid
d. quantitative
when the perpetual inventory system is used, in what account are purchases recorded? in what account are purchases recorded when the periodic inventory system is used?
In a perpetual inventory system, purchases are recorded in the Merchandise Inventory account. In a periodic inventory system, purchases are recorded in the Purchases account.
What is Merchandise Inventory account?Asset accounts include inventories of goods. A retailer's balance statement lists merchandise inventories as a current asset. An asset is considered current if it will provide income within a specific accounting term, usually one year. When businesses sell their excess inventory of goods, they must make two journal entries: the first entry lowers the inventory account and notes the sale's expense as a cost, while the second entry increases the inventory account. Stock of goods (sometimes referred to as inventory) is a current asset with a typical debit balance, which means that a debit will rise and a credit will fall. Management requires inventory data to calculate the cost of products sold throughout any accounting period.To learn more about Merchandise Inventory account refer to:
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what type of sign is this? select one: a. regulatory sign b. warning sign c. guide sign d. construction sign
The majority of warning signs are diamond-shaped and are yellow and black wording or symbols.
What is an illustration of regulation?Limits on environmental pollution, laws prohibiting child labor or other forms of forced labor, minimum wage laws, rules requiring accurate ingredient disclosure on food and drug labels, and rules establishing minimal testing and inspection requirements for food and drugs are just a few examples of common regulations.
What does financial regulation mean?Financial institution operations are governed by laws and regulations known as financial regulations. Financial institution regulations are primarily concerned with ensuring the stability of the financial system, promoting fair competition, protecting consumers, and reducing and preventing financial crimes.
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Which of the following methods for writing off bad debts does not require a journal entry at year end
The methods for writing off bad debts does not require a journal entry at year end is Charging bad debts as accounts are written off as uncollectible.
What is bad debt?Simply explained, a bad debt is any expense that happens after a customer's payback (after credit has been granted) is no longer seen as being collectible. In other words, a bad debt is an uncollectible obligation. Bad debt is defined as a debt that is no longer collectible and is written off as a loss or expense. Bad debt might include things like bank loans and purchases acquired on credit. When a customer's repayment of previously provided credit is predicted to be impossible to collect, a business is said to have incurred a bad debt. The total reported receivables are decreased by an allowance for doubtful accounts, which is a contra-asset account, to reflect only the amounts anticipated to be paid.
The complete question is,
Which of the following methods of determining bad debt expense does not properly match expense and revenue?
Charging bad debts with an amount derived from aging accounts receivable under the allowance method.Charging bad debts as accounts are written off as uncollectible.Charging bad debts with a percentage of sales under the allowance method.Charging bad debts with an amount derived from a percentage of accounts receivable under the allowance method.To learn more about bad debt refer to:
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if the government institutes policies that diminish incentives to save, then in the loanable funds market a. the demand for loanable funds shifts rightward. b. the supply of loanable funds shifts leftward. c. the demand for loanable funds shifts leftward. d. the supply of loanable funds shifts rightward.
if the government institutes policies that diminish incentives to save, then in the loanable funds market the supply of loanable funds shifts rightward. Hence, option (d) will be considered correct.
Give a brief account on loanable funds.All of the revenue that individuals and organisations have chosen to save aside and lend out rather than consume themselves is referred to as loanable funds. These funds' characteristics are referred to as having credit. The notion of loanable money is based on the market's interest rates and the different factors that they affect. The foundation of this theory is supply and demand, which will be covered in the sections that follow. According to the definition of the loanable funds market, this is the area where borrowers can obtain loans from lenders. The most pertinent category of loanable funds for the common person is certificates of deposit. They are characterised as sums of money that people deposit with a bank and then for a predetermined amount of time refrain from withdrawing. The simplest way for anyone to become familiar with the financial industry is through this.
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Companies pursuing a home replication strategy O usually have low operating costs and high efficiency.O limit availability of local customization.O have loose headquarters control over product strategy. O have local subsidiaries that develop unique country-level capabilities.
Activities related to product development are frequently centralized in the home country of companies using a home replication strategy.
A home replication technique is what?Home Replication Technique. Corporations will use the same production rates, means of distribution, and brand recognition when starting a business in a foreign market.There have been imitations of the Wal-Mart domestic system. if a business hopes to flourish and compete on the global market.The home replication technique is utilized when there is little to no demand for flexibility or standards. By using this strategy, items that were developed primarily for domestic consumers may be able to enter new overseas markets without requiring substantial revisions.Home Replication Strategy. Home replication strategy is companies will use same production scales, distribution and brand power when develop their companies in foreign markets.
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the success of marketing messages depends, in large part, on how persuasive the messages are. which characteristics usually must be present in order to make messages more persuasive? the success of marketing messages depends, in large part, on how persuasive the messages are. which characteristics usually must be present in order to make messages more persuasive? comprehension (understandable) connective credible contagious all of the above
The elements of comprehension (understandability), connectivity, credibility, and contagiousness are typically required for messages to be more compelling.
What is meant by comprehension?Being able to comprehend something is comprehension. [formal] She had no idea how to understand this. Similar words: comprehend, grasp, conceive, and realize More equivalent words for comprehension. Understanding and applying what has been read are both components of comprehension. Children must be able to decode what they read, relate what they read to what they already know, and engage in critical thought about what they have read in order to effectively comprehend written content.There is a lot of confusion between the words comprehend and understand. Having a firm mental grasp of something may be emphasized by the word "understand," nevertheless. The act of mentally grasping something may be emphasized by the word "comprehend." A fair assessment or judgment of something's worth or nature is implied by the word "appreciate."To learn more about comprehension refer to:
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are the factors or parameters that are the major drivers of quality within an organization or process. select one: a. critical to customer characteristics b. critical to quality characteristics c. quality characteristics d. quality requirements
Option (b), The elements or metrics that are the primary motivators of quality within a company or process are crucial to quality characteristics.
What is quality control's primary objective?Before a product is made available to the public, quality control in the food business seeks to find flaws in it. A group of procedures known as "quality control" are used to ensure the high caliber of products and are aimed at identifying manufacturing faults.
The primary objective of quality is what?Increasing the final product's and manufacturing process quality is the main goal of a quality management system. In such a system, the three main objectives of quality control are to boost production efficiency, cultivate customer loyalty, and improve product quality and decrease risks.
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which statement describes an example of how climate affects the economy of countries in north america?
The phrase "Tourism is an important industry in countries with tropical climates" is used to illustrate how climate impacts the economies of countries in North America.
One of the largest and fastest expanding worldwide industries, tourism makes a substantial contribution to local and national economies all over the world. The relationship between climate and tourism is intricate and multifaceted since the climate is both an essential resource that must be used and a significant limiting element that offers hazards that must be addressed by both the tourism sector and travelers.
Climate is a major factor in travel planning and the travel experience, as it affects all tourist sites and businesses to some extent.
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The complete question is:
Which statement describes an example of how climate affects the economy of countries in North America?
1. Countries that have varying climates are unable to make use of their natural resources.
2. The climate is too harsh for the countries to grow enough food for the population.
3. Countries with mild climates produce their own needs and are less likely to trade.
4. Tourism is an important industry in countries with tropical climates.
assume you will receive $3,000 every year for 3 years, and the appropriate interest rate is 6% per year. what is the present value of this series of cash inflows?
The present value of this series of cash inflows is $2,823.51. The present value of a series of cash flows is the sum of the present values of each cash flow.
To calculate the present value, we need to calculate the present value of each cash flow and then add them together. The present value of one cash flow is equal to the future cash flow divided by (1+r)^n, where r is the interest rate and n is the time period. In this case, each cash flow is $3,000 and the interest rate is 6% per year. So the current value is: $3,000/(1+0.06)^1 + $3,000/(1+0.06)^2 + $3,000/(1+0.06)^3 = $2,823.51. This means that if you were to receive the cash flows today instead of over the next three years, the total value would be $2,823.51.
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a trader enters into a short forward contract on 100 million yen. the forward exchange rate is $0.0080 per yen. how much does the trader gain or lose if the exchange rate at the end of the contract is (a) $0.0074 per yen; (b) $0.0091 per yen?
When the yen is at $0.0074, the gain is equal to $100,000 divided by 0.0006 million dollars, or $60,000. (Dollar feels grateful) When the yen is valued at $0.0091, the loss is equal to $110,000, or 100 times $0.0011 million. Dollar value is falling.
How are exchange rates calculated?By defining the price at which one currency can be exchanged for another, an exchange rate has an impact on global trade and money transfers.The value of the native currency and the quality of the currency both have an impact on exchange rates.The majority of exchange rates are categorized as floating and fluctuate in response to market supply and demand.Some translation rates are influenced by or connected to the local currency's value.Exchange rate fluctuations have an impact on businesses because they alter the cost of supplies received from other nations and the market for their goods among clients abroad.To learn more about exchange rates visit:
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a on stock occurs when a corporation issues its stock for more than par (or stated) value. multiple choice question. gain discount loss premium
A d) premium stock occurs when a corporation issues its stock for more than par (or stated) value.
A premium stock is a type of stock that is issued by a corporation for a value higher than its stated or par value.
This type of stock can be attractive to investors as it can lead to a greater return on their investment. However, it is important to understand that investing in premium stock carries a greater risk than investing in a stock with a par or stated value.
Therefore, it is important to weigh the risks and benefits before investing in premium stock.
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Mission statements should ________ and be defined in terms of ________.
A mission statement is a succinct explanation of why an organization exists. It defines the organization's goal and ultimate intention.
The vision is supported by the mission statement, which communicates purpose and direction to employees, customers, vendors, and other stakeholders. A mission statement should be centered on meeting the needs of the customer rather than the product. Products and technologies become obsolete over time, yet core market needs may persist forever. A market-oriented mission statement defines the company in terms of meeting fundamental client needs. The mission statement of your organization outlines what it does now. It is divided into three sections: what you do, how you do it, and why you do it.
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A real estate firm is one of three franchisees of a national real estate brokerage company in the same county. The three sometimes take advantage of the national firms name recognition among consumers by splitting the high cost of a large display advertisement in the local newspaper. The advertisement is headed by the franchise name, and includes three or four of each franchisee’s listings. Adjacent to each of these features listings, the advertisement must include theA - Listing licensee’s license number.B - National firm’s regional office.C - Listing firm’s telephone number.D - Property’s address.
Adjacent to each of these features listings, the advertisement of the real estate firm must include the listing firm’s telephone number
In the case of a real estate company by sharing the hefty expense of a sizable display advertisement in the neighbourhood newspaper, they occasionally profit from the national company's name recognition among customers. The franchise name appears in the headline, and three or four listings for each franchisee follow. Each of these feature listings must have the listing company's phone number next to it in the advertisement.
A national real estate brokerage company's franchisees frequently employ this as a marketing tactic. Franchisees can benefit from the national company's name awareness among consumers by dividing the expense of a sizable display advertisement in the neighbourhood newspaper. The advertisement will include information on the franchise and listings from each franchisee, each of which will include the phone number of listing company. The franchisees may reach a larger audience and produce more leads for their listings with this tactic.
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The conceptual framework indicates the desired fundamental and enhancing qualitative characteristics of accounting information. Several constraints impede achieving these desired characteristics.
Materiality is a cost or asset that is thought to have a significant impact on the business. Trustworthiness in a financial statement can be viewed as reliability in accounting
What is conceptual framework?
A conceptual framework is a representation of the relationship you expect to see between your variables, or the characteristics or properties that you want to study. Conceptual frameworks can be written or visual and are generally developed based on a literature review of existing studies about your topic.
1) Materiality is a cost or asset that is thought to have a significant impact on the business. Regarding the company's financial statement, it is the information's relevance as well as the transaction's job.2) Trustworthiness in a financial statement can be viewed as reliability in accounting. It is useful to be aware of whether financial data may be used by creditors and investors alike and produce the same outcomes.3) The corporation can be regarded as consistent if it adheres to accounting norms in succeeding years while presenting financial statements and internal operations.4) Periodicity was used to illustrate how a corporation might publish its financial results within a set time frame. On a monthly or quarterly basis.
The complete question is,
The conceptual framework indicates the desired fundamental and enhancing qualitative characteristics of accounting information. Several constraints impede achieving these desired characteristics. Answer each of the following questions related to these characteristics and constraints.
1. Which component would allow a large company to record the purchase of a $120 printer as an expense rather than capitalizing the printer as an asset?
2. Donald Kirk, former chairman of the FASB, once noted that " . . . there must be public confidence that the standard-setting system is credible, that selection of board members is based on merit and not the influence of special interests . . ." Which characteristic is implicit in Mr. Kirk's statement?
3. Allied Appliances, Inc., changed its revenue recognition policies. Which characteristic is jeopardized by this change?
4. National Bancorp, a publicly traded company, files quarterly and annual financial statements with the SEC. Which characteristic is relevant to the timing of these periodic filings
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The participation of women such as the poissardes led to which of the following phases of the French Revolution
Anxiety soon became intertwined with the activities of revolutionaries calling for liberal political reform and a constitutional monarchy in France. Also called, it was one of the earliest and most important events of the French Revolution.
The march began on the morning of October 5, 1789 among the women of the market square of Paris who nearly rioted because of the high price of bread. The unrest soon became intertwined with the activities of revolutionaries calling for liberal political reform and a constitutional monarchy in France.
The market women and their supporters eventually grew into a mob of thousands. Encouraged by revolutionary agitators, they looted the city's armory and marched through the Palace of Versailles in search of arms. The crowd besieged the palace and, in a dramatic and violent confrontation, successfully continued their demands on Louis XVI. returned to Paris.
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after completion of an assignment or task, how often do you think about your approach and how it turned out?
Make a to-do list and start with your most difficult tasks.
Depthen the Work You're Doing.
Time Spent on Different Tasks is Measured.
Create a new objective.
How do you tackle an assignment when you're given one?First, comprehend the assessment task. Make sure you have thoroughly read and understood the assessment task or question before beginning your evaluation.
Plan in step two.
Step 3: Research your topic.
Fourth, write.
Step 5: Examine.
What general strategy do you employ when assigned a task?If assigned a significant assignment or project, I will conduct extensive pre-work research. I then make a strategy for the steps I must take to accomplish my objective. To avoid obstacles, if I need to enlist their assistance, I do so as soon as possible.
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Which of the following are products or services of oligopolists that you regularly purchase or own? O Ovens, refrigerators, and hair salon services O Automobiles, personal computers, and gasoline O Clothing stores, office supplies, and personal computers O Refrigerators, bakery goods, and courier services c. Oligopoly differs from monopolistic competition in that oligopoly O has many firms, whereas monopolistic competition has few firms. O has few firms, whereas monopolistic competition has more firms. O the firms are not mutually Interdependent with regard to price. O the firms have relatively easy entry.
Automobiles, personal computers, and gasoline are examples of oligopolist products or services that we frequently buy or own (in oligopoly, there are few businesses that manufacture homogenous or Differentiated commodities and there are strong obstacles to entry).
Hence, option (B) is the correct choice.
An oligopoly occurs when a small number of businesses dominate a certain market. These businesses may control pricing collectively by collusion, resulting in uncompetitive prices on the market.
High obstacles to entry, the capacity to determine prices, firm interdependence, maximum revenues, product differentiation, and non-price competition are all traits of an oligopoly.
Oligopolists make the most money when they can form a cartel, reduce output, and act like a monopolist to raise prices. Such collaboration frequently fails since everyone in the oligopoly may gain individually from increasing output, especially because outright collusion is forbidden.
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asia is building several homes on an undeveloped plot of land. there are no buyers, but the owner is confident the homes will sell after they are constructed. these homes are:
asia is building several homes on an undeveloped plot of land. there are no buyers, but the owner is confident the homes will sell after they are constructed. Although there is no confirmed buyer before building begins, these homes are being built on speculation.
Speculation – what does that mean?Trading a financial product that carries a high level of risk in the hopes of seeing a sizable return is defined as speculation. With market volatility, the goal is to profit as much as possible. In markets where the price changes of securities occur often and violently, speculation is common. Traders that engage in speculation base their decisions on their educated projections of the direction of the market. If a speculator believes, for instance, that a stock is overpriced, they can sell it short and watch for the price to fall so they can then repurchase it at a profit.
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when marginal private cost is equal to marginal social cost, group of answer choices all negative externalities have been internalized. the activity in question generates no positive externality. the activity in question generates no negative externality. b or d all positive externalities have been internalized.
When quantity provided and quantity sought are equal, an intense competition will start to generate.
Is marginal the same as failing?A margin fail (MF) is a score between 47% and 49%, which means that while your assessment shows some evidence of pertinent learning in connection to the course learning outcomes, the course's minimal standards have not been met. If you get this grade, you might be eligible for an additional test.
Do marginal changes in mean occur?When making minor modifications to an established strategy, economists refer to these changes as marginal changes. Marginal changes, to put it simply, are minute adjustments that have no impact on the broader (macroeconomic) totals except as a whole.
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All externalities are absorbed whenever marginal private cost and marginal societal cost are equal.
What does "cost" mean?A cost is the worth of money that has been expended to generate something or provide a service and is therefore no longer available for use in manufacture, exploration, retail, and accounting. In the situation of an acquisition cost, the money spent on the sale is considered the price.
Describe the cost structure.The totality of the many fixed and variable costs kinds that go into a companies' overall costs is known as its cost structure. Cost structures are used by businesses to determine pricing and pinpoint areas where costs might be cut.
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