Gross income is the total amount of income an individual receives from all sources before any deductions or taxes are applied.
To calculate Sadie's gross income from her compensation and interest earnings, we simply need to add these two amounts together. In this case, Sadie received $60,000 of compensation from her employer. This could include wages, salaries, bonuses, or other forms of payment for work she performed for her employer. This compensation is considered taxable income and must be reported on her tax return. In addition to her compensation, Sadie also received $500 of interest from a corporate bond. Interest income is money earned on an investment and is also considered taxable income. To calculate Sadie's gross income from these items, we simply add the two amounts together.
$60,000 (compensation) + $500 (interest) = $60,500
Therefore, Sadie's gross income from these items is $60,500.
It's important to note that this is only a portion of Sadie's gross income. If she received income from other sources such as rental income, dividends, or capital gains, these amounts would need to be added to her gross income as well. Additionally, she may be eligible for certain deductions or credits that would reduce her taxable income and ultimately, her tax liability.
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learned corporation has provided the following information: cost per unit cost per period direct materials $ 5.00 direct labor $ 4.25 variable manufacturing overhead $ 1.85 fixed manufacturing overhead $ 35,000 sales commissions $ 0.70 variable administrative expense $ 0.60 fixed selling and administrative expense $ 9,100 required: a. for financial reporting purposes, what is the total amount of product costs incurred to make 7,000 units? b. for financial reporting purposes, what is the total amount of period costs incurred to sell 7,000 units? c. if the selling price is $23.80 per unit, what is the contribution margin per unit sold? (round your answer to 2 decimal places.) d. if 8,000 units are produced, what is the total amount of direct manufacturing cost incurred? e. if 8,000 units are produced, what is the total amount of indirect manufacturing costs incurred?
Answer:
Explanation:
nv hh
For financial reporting purposes, the total amount of product costs incurred to make 7,000 units is $89,750. The total amount of period costs incurred to sell 7,000 units is $102,800. The contribution margin per unit sold is $11.40.
a. To calculate the total amount of product costs incurred to make 7,000 units, we need to sum up the direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. The total product costs can be calculated as follows:
Total product costs = (Direct materials cost per unit + Direct labor cost per unit + Variable manufacturing overhead cost per unit) x Number of units
= ($5.00 + $4.25 + $1.85) x 7,000
= $89,750
b. The total amount of period costs incurred to sell 7,000 units can be found by summing up the sales commissions, variable administrative expenses, and fixed selling and administrative expenses. The total period costs can be calculated as follows:
Total period costs = (Sales commissions cost per unit + Variable administrative expense per unit + Fixed selling and administrative expense) x Number of units
= ($0.70 + $0.60 + $9,100) x 7,000
= $102,800
c. The contribution margin per unit sold can be calculated by subtracting the total variable costs per unit (direct materials, direct labor, variable manufacturing overhead, sales commissions, and variable administrative expense) from the selling price per unit:
Contribution margin per unit sold = Selling price per unit - Total variable costs per unit
= $23.80 - ($5.00 + $4.25 + $1.85 + $0.70 + $0.60)
= $23.80 - $12.40
= $11.40
d. To find the total amount of direct manufacturing cost incurred for 8,000 units, we can multiply the direct manufacturing cost per unit by the number of units:
Total direct manufacturing cost = Direct manufacturing cost per unit x Number of units
= ($5.00 + $4.25) x 8,000
= $74,000
e. The total amount of indirect manufacturing costs can be found by subtracting the total direct manufacturing costs from the total product costs:
Total indirect manufacturing costs = Total product costs - Total direct manufacturing costs
= $89,750 - $74,000
= $15,750
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in addition to porter's five forces, another sixth force added in the text is question 18 options: bargaining power of the ceo. bargaining power of other stakeholders. bargaining power of other prospects. bargaining power of the strategic planning team. bargaining power of price.
Option B. Bargaining power of other stakeholders is another force that can be added to Porter's five forces model.
Other stakeholders may include suppliers, customers, employees, and other groups or individuals who have a stake in the success or failure of the organization. These stakeholders can exert influence on the organization by virtue of their bargaining power, which may be related to factors such as their size, their importance to the organization, and the availability of substitutes for their services or products. By considering the bargaining power of other stakeholders, organizations can gain a better understanding of the competitive landscape and develop strategies to address the concerns and needs of these important groups.
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In addition to porter's five forces, another sixth force added in the text is question 18 options:
A. bargaining power of the CEO.
B. bargaining power of other stakeholders.
C. bargaining power of other prospects.
D. bargaining power of the strategic planning team.
E. bargaining power of price.
you are going to invest in a stock mutual fund with a front-end load of 3.5 percent and an expense ratio of 1.51 percent. you also can invest in a money market mutual fund with a return of 2.3 percent and an expense ratio of .20 percent. if you plan to keep your investment for 2 years, what annual return must the stock mutual fund earn to exceed an investment in the money market fund? what if your investment horizon is 10 years? (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places.)
A mutual fund is a pooled assortment of resources that puts resources into stocks, bonds, and different protections. The stock mutual fund must earn an annual return of at least 4.79% (2.5% + 1.29% + 3.79%) to exceed the money market fund return over a 10-year period.
For a 2-year investment horizon:
The effective annual rate of the stock mutual fund is:
(1 + r) = (1 - 0.035) / (1 - 0.0151) = 0.96208
r = 1.00 - 0.96208 = 0.03792 or 3.79%
To exceed the money market fund return, the stock mutual fund must earn an annual return greater than 2.3% + 0.20% = 2.5%.
Therefore, the stock mutual fund must earn an annual return of at least 6.29% (2.5% + 3.79%) to exceed the money market fund return over a 2-year period.
For a 10-year investment horizon:
The effective annual rate of the stock mutual fund is:
(1 + r) = (1 - 0.035) / (1 - 0.0151) = 0.96208
r = 1.00 - 0.96208 = 0.03792 or 3.79%
To exceed the money market fund return, the stock mutual fund must earn an annual return greater than 2.3% + 0.20% = 2.5%.
Assuming that the expense ratio remains constant over 10 years, the required annual return of the stock mutual fund is:
(1 + r)^10 = (1.025 / 0.96208)
r = (1.025 / 0.96208)^(1/10) - 1 = 0.01292 or 1.29%
Therefore, the stock mutual fund must earn an annual return of at least 4.79% (2.5% + 1.29% + 3.79%) to exceed the money market fund return over a 10-year period.
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one of the greatest impacts on large numbers of struggling farmers was a new deal program to________
The Agricultural Coordination Agency (AAA) is the primary New Deal program in U.S. history to restore agricultural prosperity during the Great Depression by curbing agricultural production, reducing export surpluses, and raising prices.
Initially, it was aimed at the unemployed. Federal emergency relief agencies have provided direct assistance to states to take over for the unemployed. The following winter, a job relief program quickly created jobs. President Franklin D. Roosevelt's "New Deal" was intended to accelerate economic recovery through federal action and get Americans back to work. The new federal agency sought to control agricultural production, stabilize wages and prices, and create a massive public works program for the unemployed.
The Agricultural Adjustment Act (AAA) is a federal law passed by US President Franklin D. Roosevelt in 1933 as part of his New Deal. The law provided subsidies to farmers in exchange for limiting the production of certain crops. The subsidies were intended to limit overproduction as it could increase the price of crops.
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Tom, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Tom later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies ____
if he decides to add new products, small companies can get started more easily and maneuver faster
Making a living or earning money by creating, acquiring, and reselling items is the act of doing business (such as goods and services). Also covered is "any action or operation done for profit."
The owner of the business is responsible and liable for any promises made by the business as the business entity cannot be legally distinguished from the owner by the use of a business name. If a company runs up debt, creditors may seize the owner's personal property. Corporate tax rates are not allowed in a business setup. All business income is subject to personal taxation by the proprietor.
Typically, the phrase is used colloquially to refer to a firm (although not by attorneys or governmental authorities).
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all else equal, compared to small-budget items such as paper towels, the price elasticity of demand for big-ticket items such as refrigerators is
All else equal, compared to small-budget items such as paper towels, the price elasticity of demand for big-ticket items such as refrigerators is higher.
What is demand?The word demand is defined as the desire of a consumer to buy products as well as services. As in the demand, the consumers immediately pay the prices associated with them. As demand is also defined as the number of things the consumers are prepared for it.
The elasticity of demand is referred to as there are certain demands are there which change in an economic factor in it. As when we see the price is considered the most common economic factor.
Therefore, The right option (A) is correct.
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The correct option is as follows.
higher
lower
very low
equal
five years from today, you hope to donate $10,000 to the alumni association. thereafter, you intend for your annual contributions to grow at a rate of 3 percent per year, forever. if you can earn 7 percent per year on your investments, how much must you invest today to fund this donation?
If you can earn 7 percent per year on your investments, $750 must be invested today to fund this donation.
To calculate this, we first need to calculate the future value of the $10,000 donation. 25 years from now, with an annual growth rate of 3%, the donation will be worth $17,497. We can then use the present value of an annuity formula to calculate is the present value of the donation: PV= Fv*(1-(1+r)^-n)/r, where Fv is the future values, r is the interest rate of &%, and n is the number of years (25).
The result is the present value of the donation, which is $7500. therefore, in order to fund the $10,000 donation 35 years from now, $7500 must be invested today .
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the common market arrangement that groups brazil, argentina, paraguay, uruguay, bolivia, chile, colombia, ecuador, peru, and suriname is called
The agreement that unites Brazil, Argentina, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador, Peru, and Suriname is known as Mercosur, or the Southern Common Market.
What is the Mercosur, or the Southern Common Market?Mercosur, or the Southern Common Market, is the agreement that brings together Brazil, Argentina, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador, Peru, and Suriname.
Argentina, Brazil, Paraguay, and Uruguay previously made up the economic and political bloc known as Mercosur or the Southern Common Market.
In 2019, the European Union and Mercosur established a preliminary understanding of the proposed free trade deal between the two parties.
The proposed agreement was unveiled on June 28 at the G20 summit in Osaka, Japan, after 20 years of talks.
The association agreement would cover political discourse and collaboration in addition to trade.
On June 18, 2020, negotiations for these two components came to an end.
Therefore, the agreement that unites Brazil, Argentina, Paraguay, Uruguay, Bolivia, Chile, Colombia, Ecuador, Peru, and Suriname is known as Mercosur or the Southern Common Market.
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Answer: Mercosur is the market arrangement that groups of south american countries made.
Explanation:
A reaction in which A,B, and C react to form products is zero order in A, one-half order in B and second order in C.
(b) What is the overall order of the reaction?
(c) By what factor does the reaction rate change if A is doubled (and the other reactant concentrations are held constant)? Express your answer numerically.
(d) By what factor does the reaction rate change if B is doubled (and the other reactant concentrations are held constant)? Express your answer numerically.
(e) By what factors does the reaction rate change if C is doubled (and the other reactant concentrations are held constant)? Express your answer numerically.
(f) By what factor does the reaction rate change if the concentrations of all three reactants are doubled? Express your answer numerically.
(a) Rate = k[A]0[B]1/2[C]2 is the rate equation for the reaction provided, where k is the rate constant and the exponents of the reactant concentrations denote the ordering of the reactants.
How can it be calculated in detail?(b) The individual orders of the reactants are added to determine the reaction's overall order, which in this instance is:
0 + 1/2 + 2 = 5/2 or 2.5
As a result, the response has a 2.5 overall order.
(c) Because there is no order in the reaction in A, the rate is unaffected by the concentration of A. A's concentration can be doubled without affecting the reaction's pace.
(d) The concentration of B to the power of 1/2 has a direct relationship with the reaction rate. As a result, if the concentration of B doubles, the reaction's rate will rise by a factor of sqrt(2), or around 1.41.
(e) The concentration of C to the power of 2 directly affects the rate of the reaction. Hence, the rate of the reaction will rise by a factor of 22 or 4 if the concentration of C is doubled.
(f) The reaction will proceed at the following pace if the concentrations of all three reactants are doubled:
rate = k[A]^0[B]^1/2[C]^2 * 2^0 * 2^1/2 * 2^2
= k[B]^1/2[C]^2 * 2^5/2
= (2^5/2) * rate
Therefore, the rate of the reaction will increase by a factor of 2^5/2 or approximately 11.31.
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24. the desire to fund a project should be based upon a. time savings b. resource constraints c. cost savings d. the value the completed project will provide to an organization. e. none of these
None of these: resource limits, cost savings, or the value the completed project will give to an organization.
What is the distinction between a resource limit and a request?
Limits are defined by Kubernetes as the maximum quantity of a resource that a container can utilize. This implies that the container can never utilize more memory or CPU than is specified. Requests, on the other hand, are the guaranteed minimum quantity of a resource reserved for a container. The maximum total value of all resources in which an individual can have an ownership interest while still qualifying for Medicaid is referred to as the resource limit.
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What records all the transactions in a blockchain?
A merkle tree is a data structure used in computer science to record transactions in a blockchain
Using cryptographic hashes, a blockchain is a growing list of documents (blocks) that are securely connected to one another. Each block includes transaction information, a timestamp, and a cryptographic hash of the one before it. A blockchain is a shared distributed database or ledger between computer network nodes. A blockchain serves as an electronic database for storing data in digital form. The most well-known use of blockchain technology is for preserving a secure and decentralised record of transactions in cryptocurrency systems like Bitcoin. Blockchain is a decentralised, immutable database that makes it easier to track assets and record transactions in a corporate network.
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The form of business ownership best suited to raising large amounts of money for expansion is the: Select one: a. Sole proprietorship. b. partnership c. corporation d. cooperative
c. corporation. The corporation is the type of corporate ownership that lends itself to obtaining substantial sums of money for expansion.
The corporation is the type of corporate ownership that lends itself to obtaining substantial sums of money for expansion. Businesses have the benefit of offering stocks and bonds to investors in return for ownership and funding of the business. This may generate a substantial sum of money that may be utilised to finance development and expansion. Additionally, because there is no cap on the number of stockholders that businesses may have, it is feasible to obtain significant sums of money from a wide range of investors. In contrast to other types of ownership, corporations may be more complexly organised and are subject to greater regulation.
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A plantwide overhead rate based on direct labor hours is ______ appropriate.
a. sometimes
b. never
c. always
A plantwide overhead rate based on direct labor hours is a. sometimes appropriate.
How does direct labor hours affect the calculation of a plantwide overhead rate?The calculation of a plantwide overhead price is based at the direct hard work hours, as it is used to allocate the overhead charges related to production products. Direct hard work hours are the hours spent by using employees at once concerned in the production process. The full overhead costs for the plant are divided via the total direct hard work hours to reach at the plantwide overhead fee. This rate is then used to allocate overhead prices to person products or departments, based at the wide variety of direct hard work hours required to supply them. Using direct exertions hours ensures that the overhead prices are appropriately assigned to the products that require the most hard work and assets. This method enables a employer understand the real value of manufacturing each product and make informed decisions.
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At its earliest stages, a logistic growth curve closely resembles an exponential growth curve.a. Falseb. True
A logistic growth curve first resembles an exponential growth curve very much. A specific species can only have a certain number of members living there at once in a given environment.
The definition of logistic growth used in population models refers to the population's initial steady rise and subsequent increase as the population increases The logistic growth model predicts that population growth is most significant when a large number of people utilize the minimal amount of resources required to support that population. I The logistic growth model also depicts a slowing or reduction of population increase as the population starts to outpace the available resources. Overcoming the carrying capacity is what this is. Since of the resource cap and the exceeding of the carrying capacity, some people might not utilize exponential growth models because they would not predict the growth rate accurately.
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the tax designed to ensure that those who receive tax breaks also pay their fair share of taxes is called the:
the tax designed to ensure that those who receive tax breaks also pay their fair share of taxes is called the: Progressive tax.
What are progressive tax and regressive tax?A progressive tax is one that increases the tax responsibility more than proportionately to an increase in income, whereas a regressive tax increases the relative burden less proportionately to the increase in income.
A tax is said to be regressive if it is levied in a way that the tax rate drops as the amount subject to taxation rises. When describing a distributional impact on income or spending, the term "regressive" refers to the rate's progression from high to low, causing the average tax rate to be higher than the marginal tax rate.
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adeline company, a retail store, sold gift cards totaling $242,000 during the current year. the gift cards do not have an expiration date. at the end of the year, gift cards totaling $83,000 have not yet been redeemed. the $83,000 in unredeemed gift cards should be recognized as
Adeline should be able to recognize $159,000 in sales revenue for the year. Unearned or deferred revenue is recorded as a liability.
Receivables are amounts that will also be returned as well as remitted to different parties at a later date.
Accrued interest payable is interest that has already been incurred and has not yet been paid. Accounts receivable are pledging accounts receivable when they're utilized as a guarantee for a loan.
Customers' advances include gift certificates, magazines and newspapers, easy installment deposits, special order deposit accounts, and airline tickets.
When commodities of which the seller did receive an advance payment have been supplied, the salesperson acknowledges income for the government.
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Which term refers to the usefulness or satisfaction?
The term "utility" refers to the usefulness or satisfaction of something. Usefulness can refer to a variety of things, from the usefulness of a product or service to the satisfaction one experiences from an activity. Utility can also refer to the amount of satisfaction or benefit derived from a particular action.
In economic theory, it is often used to measure the value of a good or service because it is often associated with the amount of pleasure or satisfaction received from consuming the good or service. Utility is also used to describe the overall benefit of a proposed change, such as the potential to reduce costs or increase efficiency.
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what company is sponsoring the halftime show this year for the first time? what company has been the sponsor for the last 10 years?
Pepsi, the show's previous ten-year sponsor, has been replaced by Apple Music.
What is a brief description of the apple company?The American company Apple creates and markets computer hardware, software, personal computers, and portable devices around the world. Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. It was incorporated in 1977.
Why is Apple well-known?Every project Apple works on is preplanned. Apple tries to show its uniqueness, from the newest features to the product packaging. The group stands out from the other due to its versatility and thoughtfulness, which leads in the majority of clients loving and desiring its products.
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the band is breaking up and rob, sue, tim and vito each want the tour bus. using the method of sealed bids, rob bids $4600, sue bids $3100, tim bids $2400, and vito bids $7100 for the bus. since vito's bid is the highest, he gets the bus and has to compensate the others to make the division fair. how much money will rob get from vito?
Competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
What are sealed bids?A technique of contracting known as sealed bidding uses competitive bids, public opening of bids, and awards.
There are several steps involved: (a) The creation of bid invites. Invitations must clearly, thoroughly, and accurately outline the government's requirements.
There is no longer a need for negotiations, and the format for best and final offers ensures that prospective purchasers always disclose their budgets.
This is advantageous for sellers since it ensures a high price and drives away potential later-pulling-out purchasers.
So, the money that Rob gets from Vito:
= 7100 - 4600
= $2,500
Therefore, competitive bids, public opening of bids, and rewards are all used in the sealed bidding method of contracting and the money that Rob gets from Vito is $2,500.
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true or false: if price were outlawed as the rationing device (used in markets), there would be no need for another rationing device to take its place. we would have reached utopia.
There wouldn't be a need for another rationing tool if price were banned as the rationing tool (used in markets). Utopia would have been attained. Discuss. That is untrue. Because there will always be a need for rationing, it is necessary.
There will always be a need for a rationing system since we live in a society where decisions must be made on the allocation of finite resources. Price would therefore be the only method of rationing if it weren't for price. Devices for rationing resources are necessary because they allow for the creation of products and services that are most in demand. Price serves as a means of rationing. Producers base their decisions on the price that consumers are willing to pay for a product.
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a positive balance that remains after total expenses are subtracted from total income are called?
A positive balance that remains after total expenses are subtracted from total income is called "Net Income" or "Profit".
What is a Net Income?Income is the total amount of money earned through sales or other revenue-generating activities. Expenses, on the other hand, are the costs incurred in the process of generating that income, such as salaries, rent, utilities, and supplies.
When you subtract the total expenses from the total income, the resulting amount is either positive or negative. If it is positive, then it means that the income earned is greater than the expenses incurred, and you have a net income or profit.
This profit can be seen as a surplus amount of money that is available to the business after accounting for all the expenses incurred during a particular period, such as a month, a quarter, or a year. This surplus can be used in various ways, depending on the goals and needs of the business. It can be reinvested in the business to fuel growth, saved for future expenses, or distributed as dividends to shareholders.
Having a positive net income is generally seen as a good thing for a business, as it means that the business is generating more revenue than it is spending, and is thus in a financially stable position.
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if production involves increasing opportunity cost, then on the production possibilities frontier, moving to a point closer to the horizontal axis will increase the opportunity cost of
If production involves increasing opportunity cost, then moving nearer the horizontal axis will increase the opportunity cost of the good that is shown on the horizontal axis i.e. Option E
Opportunity cost is the cost of a choice in terms of the best alternative that must be given up. In the case of production, the opportunity cost of producing one good is the quantity of the other good that must be given up. When production involves increasing opportunity cost, it means that as more of one good is produced, the opportunity cost of producing each additional unit of that good increases.
In a production possibilities frontier (PPF) graph, the opportunity cost is reflected by the slope of the PPF curve. As we move down along the PPF, that is, as we produce more of one good, the opportunity cost of producing that good increases. This is because in order to produce more of one good, we need to give up increasing quantities of the other good, which has a higher and higher opportunity cost.
Moving nearer the horizontal axis in the PPF graph means producing more of the good that is shown on the horizontal axis, which will result in an increase in the opportunity cost of the other good. This is because in order to produce more of the good on the horizontal axis, we need to give up increasing quantities of the other good, which has a higher opportunity cost. Therefore, as we move closer to the horizontal axis, we will have to give up increasing amounts of the other good, which will increase its opportunity cost.
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Complete Question -
If production involves increasing opportunity cost, then moving nearer the horizontal axis will increase the opportunity cost of
a. the good that is shown on the vertical axis
b. not enough information is given to answer the question
c. both of the goods shown on the axes
d. neither of the goods shown on the axes
e. the good that is shown on the horizontal axis
a u.s. auto manufacturer establishes plants in europe and in asia. this is an example of a (n) . group of answer choices vertical integration global expansion unrelated diversification horizontal integration
A U.S. automaker opens factories in Asia and Europe. Here is an illustration of a global expansion.
What does global expansion mean?The process of a company's operations being expanded into a foreign market from their home market is known as global expansion .
Why is globalization so crucial?Your company could achieve new heights through global expansion. It gives your company access to worldwide markets, a talent pool from around the world, and most significantly, growth potential. A strategic business decision is to broaden a company's services internationally.
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Correct question:
A U.S. auto manufacturer establishes plants in Europe and in Asia. This is an example of a (n) ________.
A) vertical integration
B) global expansion
C) horizontal integration
D) unrelated diversification
refer to table 3.1 above. how much will you need to deposit today in an account paying 7% if you wish to have $1,000 in 5 years?
The amount you deposit now is $712.986 in order to have $1,000 in 5 years with a rate of 7% annually.
What does the financial term FV mean?Potential value (FV) is indeed the proportion that a present investment will increase in value over time when kept in a compound interest account. In other respects, it represents the future worth of a dollar once interest has been taken into account.
You can solve this using the Future Value formula which is:
Future value = Present value x ( 1 + rate)^ number of years
You have everything except the present value so solve for it:
1,000 = PV x (1+7%)[tex]^{5}[/tex]
1,000 = PV x 1.4025517307
PV = 1,000 / 1.4025517307
PV = $712.986
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one of the biggest factors in land pollution is the dumping of waste into landfills. by far the world's biggest wasters are consumers in . question 2 options: europe china russia the united states canada
The dumping of rubbish into landfills is one of the main causes of land contamination. The united states are by far the largest waster in the world. Here option D is the correct answer.
The United States is one of the largest producers of waste in the world, generating around 239 million tons of garbage each year. The majority of this waste ends up in landfills, making land pollution a major issue in the country. According to the Environmental Protection Agency (EPA), landfills are the third-largest source of human-related methane emissions in the United States.
Consumer behavior is a significant factor in land pollution. The United States has a consumer-driven economy, and the high demand for products has led to an increase in waste generation. Additionally, many Americans lack awareness of the environmental impact of their consumption habits, leading to a lack of waste reduction practices and improper disposal of waste.
Complete question:
one of the biggest factors in land pollution is the dumping of waste into landfills. by far the world's biggest wasters are consumers in .
A - Europe
B - China
C - Russia
D - The united states
E - Canada
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session 01 included a profile video of a couple of our scm alumni, matt and leandra at shell. matt and leandra both manage portfolios worth , and deliver in savings each year. a. they each manage portfolios worth about $50 thousand and deliver $hundreds in savings each year. b. they each manage portfolios worth about $500 and deliver $50 in savings each year. c. they each manage portfolios worth about $500 quadrillion and deliver $trillions in savings each year. d. they each manage portfolios worth $500 million to $3 billion and deliver $millions in savings each year.
As per the data given in the question, Matt and Leandra are portfolio managers and They each manage portfolios worth $500 million to $3 billion and deliver $millions in savings each year i.e. Option D is correct.
A portfolio's significance can be characterized as an assortment of monetary resources and speculation instruments that are held by an individual, a monetary establishment or a trading company. To foster a productive portfolio, getting comfortable with the basics and the elements that impact it is fundamental. According to the portfolio definition, it is an assortment of a great many resources that are possessed by financial backers. The expressed assortment of monetary resources may likewise be assets going from gold, stocks, reserves, subordinates, property, cash counterparts, bonds, and so on. People put their cash into such resources to produce income while guaranteeing that the first value of the resource or capital doesn't dissolve.
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a clothing store sells $125,000 of shoes in a year. by what percentage would it need to increase its sales if it wanted to realize $200,000 in sales of shoes the next year?
If it wanted to realize $200,000 in the sales of shoes next year by 60%.
What are sales?Sales refer to the exchange of goods or services for money or other forms of compensation. It is the process of persuading and convincing customers to purchase a product or service. Sales involve the identification of potential customers, determining their needs, presenting a solution to fulfill those needs, and closing the deal. It is a crucial aspect of business as it generates revenue and helps businesses grow. Sales can be conducted through various channels such as online, direct, and indirect methods. Sales professionals are responsible for building relationships with customers, managing accounts, negotiating prices, and ensuring customer satisfaction. Sales strategies include marketing, advertising, promotions, discounts, and incentives to attract and retain customers.
% increase = (new value - old value) / old value x 100%
% increase = ($200,000 - $125,000) / $125,000 x 100%
% increase = $75,000 / $125,000 x 100%
% increase = 60%
Therefore, store would need to increase its sales of shoes by 60% to realize $200,000 in sales next year.
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mullis company sold merchandise on account to a customer for $825, terms n/30. the journal entry to record this sale transaction would be:
The journal entry to record this sale transaction would be Debit Accounts Receivable $825 and credit Sales $825. In your company's books, a journal entry serves as a record of a business transaction.
Every transaction requires at least two journal entries in double-entry bookkeeping. A bookkeeper keeps track of all the changes that a transaction can bring about in a business by recording them in their journal.
Even today, every journal entry must include an equal number of debits and credits to maintain the balance of the famous equation. Costs are the price paid for goods or services used. Expense The crucial accounting records known as journal entries show the costs incurred by the organisation. The foundation of accounting are journal entries.
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the escrow instructions in the van horn - simpson transaction are deemed unavailable to the simpsons. if instructions are confidential, and abc escrow is a dual agency representing both parties, why are the instructions only known to the van horns, their real estate agent, and abc escrow?
The escrow instructions in the Van Horn- Simpson sale are nonpublic and only known to the Van Horns, their real estate agent, and ABC Escrow. This is because the escrow instructions are generally only participated with parties directly involved.
In the sale who have a licit need to know the details outlined in the instructions. In this case, the Van Horns are the merchandisers and their real estate agent and ABC Escrow are representing them. The Simpsons as the buyers, aren't entitled to pierce or get involved to the escrow instructions.
Unless specifically granted access by the Van Horns or through legal channels.
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this is the o'donnells' monthly budget. living expenses fixed expenses annual expenses income food $467 mortgage $489 home insurance $146 $1720 transportation $175 car payment $107 car insurance $780 household $194 savings $35 life insurance $150 personal $124 contingency $30 vacation $700 what are the total living expenses?
The total living expenses $960.
What are fixed expenses?
Simply said, a fixed expense is one that you can plan on keeping constant or quite comparable over time in your budget. When you get down to make your monthly budget, you don't have to make a wild guess as to how much you'll spend on fixed expenses. These funds from the previous month's budget can simply be carried over.
Including one or more fixed expenditures in your budget makes sense from a planning perspective. Because these expenditures are frequently steady, budgeting becomes more dependable. Utilizing some budgeting strategies, such the 50/20/30 budget or zero-based budgeting, may be made easier as a result.
In addition to being paid roughly on the same day each month, fixed costs may also be paid in a fixed amount.
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