In general, the short-run economic framework deals with issues of:

Answer:

B. Sales

The key difference between revenue and sales is that revenue refers to the total income a business entity generates from selling goods or providing services, as well as other income earned in the normal course of business. Sales, on the other hand, refers to the proceeds received by the company from selling goods or providing services. Although revenue and sales are sometimes conflated, there is a difference between the two. Revenue is the collective sum of money a business makes. Sales are the total compensation that a business receives from providing goods or services. Sales are a subset of revenue. In rare circumstances, revenue may be less than sales. Sales are when a customer pays a price for a company's products or services. Large businesses usually have additional revenue streams in addition to sales, including investments, services, interest, royalties, fees, and donations, to name a few. Although they may be easily distinguished in accounting terms, revenue and sales are often used interchangeably.

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At the "approach stage" in the personal selling process, a salesperson's physical appearance, speech habits, personality, and even hygiene will have the greatest effect.

Approach refers to the salesperson meeting the prospect in person and engaging in face-to-face conversation to better understand them.

The approaches of personal selling includes-

Therefore, the sales process' delicate and crucial stage of approach determines whether the deal will be closed or not.

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Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature. Hence, to utilize the resources in the optimum possible way and meet the demands of humans, the economy allocates scarce resources.

Microeconomics analyses how scarce resources are allotted efficaciously to the production of products and services. It facilitates in resolving the critical financial issues of the economic system at an individual level.

Thus, in this manner, Economics deals with the allocation and efficient utilization of scarce resources as human wants are unlimited and resources to satisfy those needs are limited in nature.

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The answer choice which represents what should fill the blank spaces respectively is; Choice B; b.Overseas Private Investment Corporation (OPIC); Private Export Funding Corporation (PEFCO).

The Overseas Private Investment Corporation (OPIC) although aided by the government is a private corporation established in 1984 while the Private Export Funding Corporation (PEFCO) is a government agency formed in 1971.

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The overall effect on the company's monthly net operating income of this change is A. decrease of $18,000.

The break-even analysis is an accounting tool to determine the point at which cost and income are equal and there is neither profit nor loss.

Using the break-even technique, companies can evaluate production and sales decisions to arrive at optimal decisions.

Fixed costs per month = $531,000

Sales units per month = 4,000 units

Reduction in selling price = $14

New selling price = $186 ($200 - $14)

New fixed costs = $566,000 ($531,000 + $35,000)

News Sales units per month = 4,500 units (4,000 + 500)

New Contribution margin per unit = $146 ($186 - $40)

New Contribution margin ratio = 78.5% ($146/$186 x 100)

                                             Old          New              Difference

Total Contribution        $640,000     $657,000          $17,000

                              ($160 x 4,000)  ($146 x 4,500)

Fixed costs                      531,000       566,000       -$35,000

Net operating income $109,000         $91,000       -$18,000

Data concerning Pellegren Corporation's single product appear below:

                                       Per Unit     Percent of Sales

Selling price                   $200                 100%

Variable expenses               40                   20%

Contribution margin        $160                   80%

What should be the overall effect on the company's monthly net operating income of this change?

A. decrease of $18,000

B. increase of $38,000

C. decrease of $38,000

D. increase of $58,000

Thus, the overall effect on the company's monthly net operating income of this change is A. decrease of $18,000.

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Answer:

Marginal decision.

Social media managers ought to begin the budgeting process for their social marketing program well before final budget numbers are settled because: they must collect all relevant data to enable them make a plausible case for how the numbers will be expended and the return or marketing investment.

A social media manager is a person who manages an aspect of marketing for a company that is related to the use of social media to reach the target audience.

It is crucial to note that budgeting is a very crucial aspect of social media marketing.

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Answer:

Leading/Leadership

Explanation:

Leadership inspires, influences and motivates people to work towards a goal and achieve it.

Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.

What is worksheet?

A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.

Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.

In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.

As a result, data consolidation is summarizing data from multiple worksheets.

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Time tickets and materials requisition slips are similar to. The cost associated with both must be credited to the Work in Process Inventory. Option A. This is further explained below.

Generally, A time ticket is a form filled out by workers to keep track of their working hours.

In conclusion, Both time tickets and materials requisition forms have certain similarities. Both must be accounted for in the Work in Process Budget.

How are time tickets and materials requisition slips similar?

The cost associated with both must be credited to the Work in Process Inventory. Costs associated with both must be recorded in the general ledger and job cost sheets.

Costs associated with both must be debited to Manufacturing Overhead.

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A risk management differs from quality management because the risk management identifies areas of operational and financial loss.

This refers to the layer of protection at the beginning of the process to identify hazards before production even begins.

This is the section involved in overseeing all activities that must be accomplished to maintain a desired level of excellence in a firm.

In conclusion, the risk management differs from quality management because the risk management identifies areas of operational and financial loss.

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The branch of economics that examines the economy as a whole is called Macroeconomics.

Macroeconomics studies the function of the entire economy of a nation, group of nations, or the world.

Microeconomics deals with individuals, households, organizations, and businesses as they interact within an economic system.

Thus, the branch of economics that examines the economy as a whole is called Macroeconomics.

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Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

Frictional unemployment occurs when an individual is temporarily unemployed as a result of searching for new or better job.

This is a time of transition usually from an existing job to a new one.

Therefore, Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

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The expected return is 9.8% on the portf

The expected return is the amount of profit or loss an investor can anticipate receiving on an investment.

Calculation of expected return of Portfolio:

Stock A = $1,720 Expected return on Stock A is 13.7% =1,720 x 13.7% =$235.64

Stock B = $3,470 Expected return on Stock B is 8% = 3,470 x 8% =$277.6

Expected portfolio return = returns on each stock divided by incesting value.

    Total return of each stock  = $235.64 + $277.6 = $513.2

     Total Invested value = $1,720 + $3,470 = $5,190

Expected portfolio return = $513.2 divide by $5,190 =9.8%

Thus, the expected return on the portfolio is 9.8%.

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Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

Therefore, it will record an Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

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Based on the world price of $40, if Canada engaged in free trade, the tons of salt imported would be 1,200 tons.

If a tariff of $20 per ton was imposed, the new price would be $60.

Canada would import:

= Domestic demand at $40 - Domestic supply at $40

= 1,800 - 600

= 1,200 tons

If the government imposed $20 tariffs on salt, the price would go to:

= Price of salt + tariff

= 40 + 20

= $60

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When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account

A unit of account is a standard numerical unit of money used for measuring goods and services.

According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.

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The option that is not correct with respect to using bcc for recipients of a message is this:

Blind carbon copy is a way of preventing the recipients of a bulk message from viewing the other addressees. While it is a very good privacy option, it is not expected to be the default for all correspondence.

Sometimes, the addressees might have to view their counterparts so BCC is enabled in such cases.

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Based on the utility costs of Brand C and D, there will be a difference in utility costs at the end of the year of $22.80.

First find the utility cost for Brand C in a year:

= 0.65 x 5 x 12 months

= $39

Utility cost of Brand D:

= 0.27 x 5 x 12 months

= $16.20

The difference would be:

= 39 - 16.20

= $22.80

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Based on the cost of the computer in terms of electricity, and the amount he paid for it, the percentage of the cost that the electricity made up is 54.898%.

First find the amount that Seth paid over the two and half years:

= Monthly payment x 2.5 years x 12 months a year

= 55.32 x 2.5 x 12

= $1,659.60

The cost of the computer over 7 years is:

= (0.79 per day x 365 x 7)

= $2,018.45

The percentage that electricity takes is:

= 2,018.45 / (2,018.45 + 1,659.60)

= 54.88%

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Answer: correct answer is D on edge 2020

Explanation: In total, the electricity made up 54.898% of the lifetime cost of the computer thank you best of luck!!

The relevant cost of the 160 kilograms of the raw material when deciding whether to proceed with the special project  is $1,029.

Using this formula

Relevant cost=(Numbers of kilogram of raw material × Discounted price per kilogram)- Delivery cost

Let plug in the formula

Relevant cost=( 160 kilograms× $6.95 per kilogram) -$83

Relevant cost=$1,112-$83

Relevant cost=$1,029

Therefore the relevant cost of the 160 kilograms of the raw material when deciding whether to proceed with the special project  is $1,029.

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The number of  kilos of materials that the company will need to purchase for its production during the year is: $1,441,000.

Using this formula

Kilos of materials=(Units to produce×Number of kilos of raw materials)+Ending kilo of raw material-Beginning kilo of raw material

Let plug in the formula

Kilos of materials=(480000×3)+3,000-2,000

Kilos of materials=1,440,000+1,000

Kilos of materials=$1,441,000

Therefore the number of  kilos of materials that the company will need to purchase for its production during the year is: $1,441,000.

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The range would be 2.5 percent to 10.1 percent.

Expected return is an important financial concept investors use when determining where to invest their funds. Calculating the expected return of a specific investment or portfolio allows you to anticipate the profit or loss on that investment based on its historical performance.

Expected return = (return A x probability A) + (return B x probability B).

Since the bond holds that 68% of data lies within 1 standard deviation of the mean, the range will be +/- 1 standard deviation from the mean.

Expected return = (return A x probability A) + (return B x probability B)

Expected return = (6.3%-3.8%) to (6.3%+3.8%)

Expected return  = 2.5 percent to 10.1 percent

Hence, The range would be 2.5 percent to 10.1 percent.

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Those in Macroland and Econoland who would support or oppose the free trade agreement are:

Consumers in Econoland would support the agreement because they would get cheaper grapes. Producers in the nation would lose market share as a result so they would oppose it.

Producers in Macroland would love to sell more grapes to another market so they would support. Consumers in the nation would oppose because grape prices might go up.

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You can accommodate these needs by training the employees well and conducting periodic checks of the food preparation area, employees, and orders.

Therefore, You can accommodate these needs by training the employees well and conducting periodic checks of the food preparation area, employees, and orders.

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In this scenario, the drop in sales for Fyllor Inc. can be attributed to its general environment.

A business's general environment refers to the external influences that shape business activities.

Some of the general environment or external influences include the environment, technology, political factors, economic conditions, demographics, and socio-cultural forces (PESTEL).

Thus, in this scenario, the drop in sales for Fyllor Inc. can be attributed to its general environment.

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The statement that is not true regarding a critical asset in the enterprise environment is:

Critical assets are the main resources that sustain the daily operation of a business.

These assets are the lifeblood of the business so any attempt to replace them can significantly damage the smooth running of the organization. So, critical assets cannot be replaced.

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In recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is debit Cost of Goods Sold; credit Inventory.

Inventory include taken records of goods that are sold and the once that are available.

For goods that are sold they are removed from the available goods including the cost and added to the inventory as sold.

Therefore, In recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is debit Cost of Goods Sold; credit Inventory.

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The first step to perform when conducting an immediate charge is to press the immediate charge switch on the lower left dash.

This is a vehicle features that allows a quick charge of the engine.

However, the first step to perform when conducting an immediate charge is to press the immediate charge switch on the lower left dash.

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