Business growth rates and share of the market. The correct answer is option (c).
What is BCG Matrix?The Boston Consulting Group (BCG) created a planning tool that employs graphical representations of a company's products and services to help it decide what to keep, sell, or invest more in.
The matrix displays a company's products as a four-square matrices, with the market share axis on the x-axis and the rate of market growth on the y-axis. The Boston Consultancy Firm first presented it in 1970. The four product groups that make up the BCG growth-share matrix are heuristically referred to as "dogs," "cash cows," "stars," and "question marks." Each classification quadrant has an own set of qualities.
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jin manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the
Employees regularly deal with customer annoyance over the frequent price changes, this is an example of shoe-leather cost.
Advertising and marketing is a promotional pastime that goals to promote a product or service to a target audience. It is one of the oldest types of advertising and marketing which tries to influence the moves of its audience to purchase, promote, or do something specific.
Marketing is any paid advertising of a product, provider, or concept supposed to persuade one or extra humans.
There are 3 most important objectives of advertising and marketing – to tell approximately the logo or offering, to influence to buy or perform a project and to remind and beef up the brand message.
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gerald is very good with customers, is friendly, and works well with a team. which career is gerald most likely a part of?
Gerald is very good with customers, is friendly, and works well with a team. Gerald most likely a part of Boiler Operator.
Boiler operator:
Technicians with a focus on boiler maintenance and repair are known as boiler operators. Professionals set up, run, and keep an eye on the boiler as well as other variables. Pressure and temperatures are some of the variables that boiler operators keep an eye on.
Boiler operators think about and put these into practice in order to maintain reliable and well-functioning systems:
Match the appropriate machinery to the needed fuel and services.Check that the boiler's equipment was installed correctly.Keep track of the systems' daily performance and create preventive maintenance plans for weekly, monthly, and yearly maintenance procedures.Learn more about Boiler operator, here
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discuss accounting for sales allowances and how they relate to the concept of variable consideration
Sales return and allowance fall under the category of contra-revenue. It is related to variable consideration because the management estimates it and it affects the final price of the business transaction.
A sales allowance is a reduction in the price charged by a seller, due to a problem with the sold product or service, such as a quality problem, a short shipment, or an incorrect price. Thus, the sales allowance is created after the initial billing to the buyer, but before the buyer pays the seller. Variable consideration is common and takes various forms, including (but not limited to) price concessions, volume discounts, rebates, refunds, credits, incentives, etc.
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during the course of 2008 and 2009 many homeowners were forced to go through a foreclosure. how do you think this process impacted the housing market during that time period, all else held constant and assuming the laws of demand and supply apply? recall that a foreclosure is a process of reposession of property (in this case by the lender) and then a subsequent liquidation of that property to cover the costs of the investment (or loan). in the housing market this usually refers to a situation where the lender (bank) reposesses the property and then sells it to cover its investment costs.
It caused the supply of existing homes offered for sale to increase, thereby reducing the price.
When banks repossessed the property it was again put up for sale by the banks. In addition, home builders had a property that was up for sale. Besides these two key sellers, individuals who had purchased a property for investment and saw prices decline also put the property for sale before prices decline further.
Therefore, there was an increase in the supply of existing plus new homes offered for sale. As the supply curve moved to the right, the prices declined with the decline in prices being accelerated by weak demand. A foreclosure is a legal process that allows a lender to recover the outstanding amount of a defaulted loan by owning and selling the mortgaged property.
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in the statement of activities, fasb statement no. 117 requires revenues to be reported as increases in one of the two categories of net assets, depending on donor-imposed restrictions; however, all expenses should be reported as decreases in unrestricted net assets. true false
According to donor-imposed limits, revenues must be recorded as increases in one of the two categories of net assets in the statement of activities; nevertheless, all expenses must be reported as losses in unrestricted net assets. True
A statement of activities conveys that your organization is a good steward of funds and actively working to fulfill its objective by outlining the revenue and expenses incurred during a reporting period. Additionally, these statements demonstrate that your nonprofit is continuing to adhere to financial requirements.
A nonprofit organization's income statement is called the Statement of Activities. One of the essential financial documents that all organizations require is this one. It may also be referred to as an income and expense report or a profit and loss statement.
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which of the following is not an option for selling a business? question 5 options: a) taxable sale of company stock b) tax-free sale of company stock c) taxable sale of company assets d) tax-free sale of company assets e) none of the above
The selling of a business is the tax-free sale of company stock. So, the tax-free sale of company stock is not an option. Thus, option (b) is correct.
What is business?The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts.
A person is the selling to the business is the tax-free sale of company stock are not that the possible. The stock on the tax are the rate of the interset to the add-on the cost.
Therefore, option (b) is correct.
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levels of production stoppages over the past year at a large laminating business were abnormally high due to machine malfunctions. would it be appropriate for the internal auditing function to develop a survey examining attitudes toward line operations, rotation of work zones, training, maintenance schedule, etc., for the machine operators to complete?
Levels of production stoppages over the past year at a large laminating business were abnormally high due to machine malfunctions. Yes, the examined areas are relevant to the malfunctions.
Failure means not working properly. If your toaster spits out what looks like burnt smoke, no matter what your toaster settings are, your toaster is definitely at fault.
Common and generally accepted malfunctions are identified as follows: Type 1, failure to jet or fire. Type 2, Stovepipe (Failure to Drain). Type 3, dual feed.
A malfunction is any alarm resulting in a fire department response that occurs due to mechanical/electrical failure, improper installation or lack of maintenance, power fluctuations, weather conditions, or firefighters unable to determine the apparent cause. means boot.
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part-time workers, seasonal workers, and independent contractors are all examples of contingent workers. group of answer choices true false
This is a true statement because seasonal workers, part-time workers, and independent contractors are all examples of contingent workers.
Contingent workers are individuals who are not on the payroll but rather provide independent services to an organization. Contingent workers involve independent contractors, advisors, freelancers, consultants, part-time workers or other outsourced workers hired on a per-job and non-permanent basis.
Typically, contingent workers are hired on a fixed-term or a temporary contract basis to deliver particular services for a specific project or period of time.
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A majority of economists believe that in the long run, real economic variables and nominal economic variables behave independently of one another. For example, an increase in the money supply, a nominal variable, will cause the price level, a nominal variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a nominal variable. The distinction between real variables and nominal variables is known as?
The classical dichotomy refers to the division between real and nominal variables.
What is economics as a classical dichotomy?
The economy is split into two sectors by the classical dichotomy: real, where relative prices are determined using a general equilibrium framework, and money, where absolute prices are determined using a quantity theory of money framework.
The distinction between bands really is a fundamental tenet of both macroeconomics and monetary economics. Prices on the open market are used to express nominal variables.
Therefore, To account for the varying purchasing power of money over the moment, real variables are adjusted (inflation or deflation).
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last year a manager had a cost of food consumed for meats of $310,000. last year the manager had beginning meat inventory of $15,000 and ending meat inventory of $16,000. what was the manager's inventory turnover for meat last year? a. 20 b. 22 c. 21 d. 23
The manager's inventory turnover for meat last year is a. 20.
Inventory tunover=Cost of foods consumed/Aveage inventory
Average inventory=Opening+closing/2
=(15000+16000)/2=15500
Hence inventory turnover=310000/15500
=20
Inventory turnover is the charge that inventory inventory is offered, or used, and replaced. The stock turnover ratio is calculated with the aid of dividing the fee of goods by common stock for the same duration. A better ratio tends to factor to sturdy income and a decrease one to susceptible sales.
The inventory turnover is a degree of the wide variety of times inventory is offered or utilized in a term including a yr. it's miles calculated to look if an enterprise has an excessive inventory in evaluation to its sales level.
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describe the group process involved in the decision to change the water supply from lake huron to the flint river (or any such important municipal, state, or federal decision). what are the group norms, level of cohesiveness, etc. needed to make good decisions in the best interest of citizens, whether the decision makers are local, state or federal employees/elected officials? given the experience surrounding the flint water crisis, what should the city of flint, state of michigan, and the federal government do now so as to not repeat the mistakes made in flint, michigan and begin to work as a high-performing team?
Flint's fateful decision to sever its ties with the town of Detroit as its supplier of ingesting water went all the way as much as the Michigan governor's office, state statistics received beneath Michigan's Freedom of information Act show.
On March 25, 2013, then-state Treasurer Andy Dillon and Gov. Rick Snyder’s chief of group of workers, Dennis Muchmore, held a telephone verbal exchange approximately “Flint water supply alternatives,” in step with data acquired by way of the unfastened Press below FOIA.
Water deliver from the metropolis of Detroit to a new Karegnondi Water Authority, a flow that would ultimately lead to Flint the usage of corrosive water from the Flint River as an intervening time supply, which produced consuming water with risky degrees of lead/ Dillon, who resigned as treasurer in October 2013, also held a Lansing meeting regarding Flint water at 9 a.m. the morning after the Monday Flint council meeting.
However the statistics do not display that Snyder or Dillon determined Flint citizens have to drink Flint River water till their new KWA pipeline to Lake Huron was completed. there is still murkiness over exactly how that selection happened.
The choice to attract water from the Flint River starting in April 2014, blended with a failure by using the state department of Environmental great to require treatment to soften the water to reduce corrosion and the leaching of lead from delivery pipes and different disasters related to water checking out, ultimately proved disastrous.
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julia can sell seven widgets at a price of $11,000. if the price of widgets is lowered to $10,500, then she will sell eight widgets. what is the marginal revenue of the sixth widget? a. $500 b. $7,000 c. $10,000 d. $21,500
Julia can sell seven widgets at a price of $11,000. if the price of widgets is lowered to $10,500, then she will sell eight widgets. The marginal revenue of the sixth widget is $7,000.
In the context of accounting, revenue refers to the total income from sales of products and services that are directly connected to the company's core operations. Sales or turnover are two more terms for commercial revenue. Interest, royalties, and other fees are sources of income for some businesses.
The term "revenue" can refer to income in general or to the sum, expressed in money terms, received during a certain period of time, as in "Last year, Company X had revenue of $42 million." Profits or net income often refer to total revenue less total costs for a specific time period.
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What are two advantages of the Procurement Integrated Enterprise Environment?
improves data quality
reduces DoD operating costs
Reduces instances of purchase card fraud
Ensures invoices are submitted on time
A procurement-integrated business system has two advantages: better data quality and access, and lower operational expenses for the DoD. The right response, in this case, is A or B.
The e-Business Suite's Procurement Integrated Enterprise Environment is a safe Web-based platform for electronic invoicing, receipt, and acceptance. The DoD and federal agencies' one-stop shop for procurement capabilities is called the Procurement Integrated Enterprise Environment (PIEE).
The advantages of a procurement-integrated enterprise environment include unified receipt, acceptance, and invoicing; item-level acceptance; support for property accountability through data collection on delivered items and their availability to other systems; and processing support through mobile applications.
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consider the following. a. what is the duration of a two-year bond that pays an annual coupon of 8 percent and whose current yield to maturity is 13 percent? use $1,000 as the face value. (do not round intermediate calculations. round your answer to 3 decimal places. (e.g., 32.161)) b. what is the expected change in the price of the bond if interest rates are expected to increase by 0.3 percent?
(a) The bond duration is 1.92 years.
(b) The price will decrease by -0.51%
Duration and Modified Duration:
The duration and modified duration of a bond measure different things. The duration is simply the weighted average time of all payments. The modified duration is an estimate of the percent change in the bond price for a one percent change in the interest rate.
(a) The bond's duration is calculated using the following expressions:
Duration = [tex]\frac{\sum^n_t_=_1 t * PV_t}{\sum^n_t_=_1 PV_t}[/tex],
where,
[tex]PV_t[/tex] = present value of bond cash flows in year t n = number of yearsDuration = [tex]\frac{1\frac{Coupan}{(1+rate)}+2\frac{Coupan + par}{(1+rate)^2} }{\frac{Coupan}{(1+rate)}+\frac{Coupan + par}{(1+rate)^2} }[/tex]
Duration = [tex]\frac{\frac{80}{1+0.13}+2\frac{80+1000}{(1+0.13)^2} }{\frac{80}{(1+0.13)}+\frac{80+1000}{(1+0.13)^2} }[/tex]
After solving, we get
Duration = 1.92
The bond duration is 1.92 years.
(b) Knowing the bond duration, we can compute its modified duration (MD):
MD = Duration/ 1+r
MD = 1.92/1 + 0.13
MD = 1.70
Therefore, when the interest rate increases by 0.3% the expected bond price change is:
Price change = - MD x Yield change
Price Change = -1.70 x 0.3%
Price change = -0.51%
The price will decrease by -0.51%
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consider two firms who choose what quantity to produce. they can produce either 0, 8 or 16 units of a good, and face a cost of c(q)=10q market demand follows p(q)=100-3q in the nash equilibrium of this game, how much does each firm produce? suggestion: calculate the profits they obtain for each of the 9 combinations (or just 6, and take advantage of the symmetry of the problem), write down the game in its normal form (payoff matrix), and then use the underlining method to match best responses.
The firm should set marginal revenue equal to marginal cost.
The position of corporations in an economic system. companies appoint different factors of production This consists of employing employees to provide goods and offerings with the aid of using labor firms to pay wages developing a flow of profits to households, which in the end may be spent by using families on goods produced by different corporations.
A firm combines its factors of manufacturing with the intention to produce items or output the entire amount of output the company produces, the company's overall product, relies upon the portions of things that the firm purchases or employs.
Given the fact that this company is running in a competitive marketplace, the marketplace rate it faces is the same as marginal sales.
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consider this frugal governed closed economy. suppose . suppose the government increases its spending (g) by $750. what effect would this have on the equilibrium level of aggregate output/income (y)?
(c)$469. consider this frugal governed closed economy. suppose . suppose the government increases its spending (g) by $750. (c)$469 effect would this have on the equilibrium level of aggregate output/income (y).
The height at which a rising parcel of air reaches the equilibrium level (EL), level of neutral buoyancy (LNB), or limit of convection (LOC), is defined in meteorology. Diagram comparing the course of an air parcel lifted along B-C-E to the temperature and humidity of the surrounding air mass (Tw) This indicates that when air reaches the equilibrium level and convection ceases, it is no longer unstable and is now stable. The thunderstorm updraft is finally stopped at this level, except in the case of overshooting tops, in which case it continues to rise to the maximum parcel level (MPL) due to momentum. This level is frequently close to the tropopause and can be identified as being close to where a thunderstorm's anvil is. more specifically
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a potential investor in cristian's company wants to know how much money was paid in dividends in the last reporting period. what type of financial statement should he look at?
The finance statement should he look at Statements of changes in equity
What is equity?Equity is the amount invested or owned by the owner of the company. In a company's balance sheet, the difference between liabilities and assets shows how much equity the company has. Stock prices or values determined by valuation professionals or investors are used to determine stock value.In finance, equity is ownership of assets that may be associated with liabilities or other liabilities. Equity is determined for accounting purposes by subtracting liabilities from the value of assets. Equity measures the amount that would be returned to shareholders if the company liquidated its assets and paid its liabilities. Examples of assets are accounts receivable, cash, real estate, and patents, and liabilities include liabilities to other institutions or individuals.To learn more about equity from the given link :
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shortages and surpluses are represented by the:
Shortages and surpluses are represented by the horizontal distance between the quantity demanded and the quantity supplied.
What is Shortages and surpluses?Businesses that experience a surplus reduce their prices, which forces their rivals to follow suit. The market then experiences a rise in demand and progresses toward a state of quantity and price equilibrium. Businesses will increase the cost and availability of a product in response to a shortage.
When there is a surplus of an item, service, or resource compared to the demand. surplus. when there is a surplus of a resource, good, or service relative to the demand.
Hence, horizontal gap between the quantity required and the quantity provided is used to identify shortages and surpluses.
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a firm’s bond rating slips by 1 category for each ______ in current debt interest.
A firm’s bond rating slips by 1 category for each additional 0.5% in current debt interest.
Why bond rating is important to firms?Bond ratings serve as indicators of how creditworthy business or government bonds are. Ratings are assessments of a bond issuer's financial stability and ability to pay back the bond's principal and interest in accordance with the terms of the contract. They are released by credit rating organizations.
The rating is significant because it influences the interest rate that businesses and governmental entities pay on their bonds in addition to its role in informing investors. The analysis firm's financial statements and the accompanying financial ratios are what determine the rating. Networks with other interested parties, like those with a parent company, regional governmental organizations, and systemic federal support pledges, are examples of external impacts.
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1) how do groups and teams differ? 2) what are the potential limitations of groups and teams? 3) what are the potential strengths of groups and teams? 4) how do cultural values influence communication in groups and teams? 5) how does egocentric communication affect group cohesion and progress? 6) what kind of communicator are you in groups (task, procedural, climate, and/or egocentric)? 7) do groups work better when there is only one leader? explain. 8) what are the different leadership styles and how do they affect productivity and group climate? 9) how can conflict be managed constructively in groups?
A crew is a series of humans who coordinate their efforts, whilst a crew is a group of human beings who share a frequent goal.
While similar, the two are exclusive when it comes to decision-making and teamwork. In a work group, crew members are independent from one some other and have individual accountability.
How do agencies and teams differ?In a work group, crew participants are independent from one some other and have person accountability. On the different hand, in a team, group participants share a mutual accountability and work intently together to clear up problems. These dynamics inform the way duties are treated and overall collaboration.
What are the viable limitations of organizations and teams?Limitation: Workload May Be Unevenly Distributed
In mild of the achievable benefits, teamwork can sincerely stymie productivity. Some personnel may additionally genuinely now not carry their weight in the group, forcing different team contributors to either choose up the slack or chance falling behind schedule.
How do cultural values have an impact on verbal exchange in businesses and teams?Values and Norms
They may also include individualism, collectivism, electricity distance, and uncertainty avoidance. Understanding how these have an effect on conversation in exceptional cultures will help you adapt your talking fashion as it should be when speaking with characters from different nations or backgrounds.
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https://brainly.com/question/11319108#SPJ4in the context of internet-enabled supply chain management (scm), which scm activity involves bargaining and renegotiating prices and term agreements? a. order processing b. purchasing/procurement c. inventory management
in the context of internet-enabled supply chain management (scm), Order processing scm activity involves bargaining and renegotiating prices and term agreements
What exactly are SCM (supply chain management systems)?Supply chain management (SCM) is, at its most basic level, the control of the movement of materials, information, and money involved in the production of a thing or service, from the acquisition of raw materials to the delivery of the good at the intended location.Due to its ability to support a number of corporate goals, supply chain management is crucial. Controlling production procedures, for instance, can raise product quality, lower the likelihood of recalls and legal action, and support the development of a powerful consumer brand. In addition, by preventing expensive shortages or periods of inventory overstock, shipping method controls can enhance customer service. Overall, supply chain management offers businesses a number of chances to increase their profit margins, and it is especially crucial for businesses with extensive and global operations.
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develop estimated regression equations, first using annual income as the independent variable and then using household size as the independent variable. which variable is the better predictor of annual credit card charges? discuss your findings.
The annual fee will appear as a yearly lump sum payment on your annual credit card account. The first time you are charged is usually the month you sign up for the card, and then you are charged once per 12 months after that.
Are there yearly fees for credit cards?An annual charge is associated with some credit cards. This yearly fee is typically charged by credit cards with lucrative reward programs to cover maintenance and administrative costs.
Why is my credit card being assessed an annual fee?In order to cover the cost of providing cardholders with a wealth of features and benefits, card issuers impose annual fees. They wouldn't be able to provide TSA PreCheck, Global Entry, or annual $300 travel credits.
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one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user.
Answer:
True is the correct answer.
Explanation:
which colonial subregion had the highest demand for enslaved labor because its economy focused on growing cash crops on plantations?
During the colonial period in the United States, tobacco was the dominant slave-produced commodity. Concentrated in Virginia and Maryland,
What was Slavery in the colonial history of the United States?
Between 1526 and 1776, during the colonial era of the United States, slavery evolved due to a number of complicated reasons. To account for this, academics have put out a number of ideas. Slavery was closely tied to the need for work in the European colonies, particularly in the case of the labor-intensive plantation economies of the sugar colonies run by Great Britain, France, Spain, Portugal, and the Dutch Republic in the Caribbean and South America.
Slaves were brought from Africa to the Americas in slave ships used in the Atlantic slave trade. On a smaller scale, native people were also held as slaves in the North American colonies; by the late eighteenth century, however, Indian slavery had mostly come to an end.
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KNOWLEDGE CHECK Why does the yield curve naturally slope upwards? To compensate lenders for the greater risk of short-term loans compared to long-term loans To compensate lenders for the greater risk of long-term loans compared to short-term loans To compensate borrowers for the greater risk of short-term loans compared to long-term loans To compensate borrowers for the greater risk of long-term loans compared to short-term loans PREV SUBMIT
A representation of the anticipated yields on bonds with various maturities is called a yield curve. Because investors anticipate a greater return on their capital when it is invested for a longer length of time.
How do you explain yield curve?A yield line is a graph that represents the returns (interest rates) from bonds with similar credit ratings but various maturities. The yield curve's slope provides insight into potential future changes in interest rates and economic activity.
What role does the yield curve ?A wide variety of interest rates within the economy are affected by monetary policy shifts through the yield curve. The cost of borrowing for individuals, businesses, or governments when they take out loans from banks or the exchange (by issuing bonds) will be influenced by the height and slopes of the bond yield.
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the men's warehouse charges 1.6 percent interest per month. what rate of interest are its credit customers actually paying?
Effective Annual Rate=[tex]20.98%[/tex]
Effective annual interest rate = (1 + (nominal rate ÷ number of compounding periods)) ^ (number of compounding periods) - 1
if normal rate =1
[tex]1+0.016(12-1)[/tex]=[tex]20.98%[/tex]
An effective annual interest rate is the real return on a savings account or any interest-paying investment when the effects of compounding over time are taken into account. It is the annual rate of return earned on an investment or the annual rate of return paid for a loan if the interest is compounded more than once in a year. The Effective Annual Rate (EAR) is the rate of interest actually gained on an investment or paid on a loan as a result of compounding the interest over a certain period of time. It also indicates the real percentage rate owed in interest on a loan, a credit card, or any other debt.
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the december 31, 2013 balance sheet of barone company had accounts receivable of $400,000 and a credit balance in allowance for doubtful accounts of $32,000. during 2014, the following transactions occurred: sales on account $1,500,000; sales returns and allowances, $50,000; collections from customers, $1,250,000; accounts written off $36,000; previously written off accounts of $6,000 were collected. instructions (b) if the company uses the percentage-of-sales basis to estimate bad debt expense and anticipates 3% of net sales to be uncollectible, what is the adjusting entry at december 31, 2014? (c) if the company uses the percentage of receivables basis to estimate bad debt expense and determines that uncollectible accounts are expected to be 8% of accounts receivable, what is the adjusting entry at december 31, 2014?
Debit Accounts Receivable $1,500,000
Credit Sales Revenue $1,500,000
To record sales on account.
What are the other journal entries?Debit Sales Returns $50,000
Credit Accounts Receivable $50,000
To record sales returns and allowances.
Debit Cash Account $1,250,000
Credit Accounts Receivable $1,250,000
To record cash collections from customers.
Debit Allowance for Doubtful Accounts $36,000
Credit Accounts Receivable $36,000
To record uncollectible written-off.
Debit Accounts Receivable $6,000
Credit Allowance for Doubtful Accounts $6,000
To reinstate previously written off accounts.
Debit Cash Account $6,000
Credit Accounts Receivable $6,000
To record collection of previous write-off.
Adjusting Entry at December 31, 2015:
B. Using 3% of net sales:
Debit Bad Debt Expense $41,500
Credit Allowance for Doubtful Accounts $41,500
To record bad debt expense.
C. Using 8% of Receivables:
Debit Bad Debt Expense $43,120
Credit Allowance for Doubtful Accounts $43,1`20
To record bad debt expense.
D. 3% of net sales produces a higher net income and by $1,620
How do you show the calculations for the above journal entries?1. Accounts Receivable
Beginning balance (debit) = $400,000
Sales 1,500,000
Sales Returns & allowances (50,000)
Cash Collections (1,250,000)
Uncollectible write-off (36,000)
Reinstatement of write-off 6,000
Cash Collection (6,000)
Ending balance $564,000
2. Allowance for Doubtful Accounts
Beginning balance (Credit) $32,000
Uncollectible write-off (36,000)
Reinstatement of write-off 6,000
Balance pre-year adjustment $2,000
Using 3% of net sales
Bad debt expense $41,500
Ending balance (credit) $43,500
Balance pre-year adjustment $2,000
Using 8% of receivable balance
Bad debt expense $43,120
Ending balance (credit) $45,120
3. Allowance for Doubtful Accounts (Ending balance)
3% of net sales = $1,450,000 x 3% = $43,500
8% of receivables = $564,000 x8% = $45,120
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1. What should Mark have done if Jack still was not able to resolve the problem?
Mark would neglect the idea, he had a lot of trust and certainty that Jack would pull off the use of the new idea which would see a cost of layout deliver and fix diminished to attract clients. As much as Mark needed the errand executed by the expert pro, he is seen to waiver little piece after Jack requested that he couldn't find the response for the test sent to him by his supervisor. Presently, Mark puts on a show as for assistance from Jack, by prescribing another agent who in any occasion can try to find some response for the overwhelming layout challenges, his system is best observed as judicious. Stamp has understood that by requesting that Jack prescribe a substitute individual to execute the endeavor, Jack would accept it as a test and possible outflow of competition for Mark's steadfastness. Stamp expected that Jack would not wish to undermine his ability especially ensuing to getting recognitions from the chief. It makes the feeling that Mark did not have any alternative individual to execute the endeavor as by offering the conversation starter, he was depending upon Jacks internal identity. Else, he would not have kept on supporting the endeavor if Jack by one way or another figured out how to turn down his requesting.
Mark felt that Jack was the ideal candidate to find a solution because no one else could do it as quickly and effectively as Jack. Jack's colleague to review the project once more might be a waste of time and resources.
Jack was the only person in the entire firm, in Mark's opinion, who was capable of discovering a single door opening/closing mechanism for the plane because of Mark's recency bias toward Jack. Mark need to have put together a resource pool of diverse skills and knowledge from several corporate areas. This would have made it possible to approach the issue from a variety of angles. Working with people with diverse skill sets and knowledge promotes a creative collaborative environment that aids in the generation of fresh ideas. The group ought to have divided the issue into more manageable jobs and addressed each of those by carefully assessing all the available options. If Jack couldn't figure out the issue a second time, Mark would be unable to give someone else on his team the opportunity to do so before it was too late. Jack was the one person, in Mark's opinion, who could find a solution. As a result, Mark felt that Jack was the ideal candidate to find a solution because no one else could do it as quickly and effectively as Jack. Therefore, asking Jack's colleague to review the project once more might be a waste of time and resources. Additionally, the new individual would have a learning curve of their own just to comprehend the project's requirements and gauge its difficulty.
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store owners in the u.s. accept dollars for the purchase of goods and services because select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a money is a unit of account. b money is a medium of exchange. c money serves as a store of value. d money is a commodity.
Money is used as a medium of exchange between you and the provider of goods and services.
Why are all transactions conducted in US currency?The 1944 Bretton Woods Agreement established the US dollar as the primary reserve currency in the world. After the destruction of two world wars and the extensive use of the United Kingdom's gold reserves, it displaced sterling as the currency with this status.
What is the direct exchange of one item or service for another?In a barter system of exchange, parties to a transaction directly swap one commodity or service for another without the use of money.
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private goods are characterized by: group of answer choices rivalry and excludability. rivalry and nonexcludability. nonrivalry and nonexcludability. nonrivalry and excludability.
Private goods are characterized by: rivalry and excludability.
In economics, goods are items that fulfill human desires and provide utility, for instance, to a customer making a purchase of a fulfilling product.
A common distinction is made between items that are transferable, and offerings, which aren't transferable. items are tangible gadgets sold to customers, whilst offerings are responsibilities achieved for the gain of the recipients. Examples of products are cars, appliances, and garb.
Goods are gadgets, articles, merchandise, or commodities that organizations sell, and in turn, customers buy those items to fill a need or need. they're tangible objects with physical attributes that you could contact, experience, and see—like color, size, shape, and weight. There are four extraordinary varieties of items in economics, which can be categorized based on excludability and rivalrousness: non-public goods, public goods, common assets, and club goods.
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