The wellspring of the stock of loanable assets is saving and the wellspring of interest for loanable assets is speculation.
Speculations are monetary responsibilities made to procure resources with the expectation that their worth would ascend after some time. Speculation requires the passing of an ongoing asset, like time, cash, or exertion. In the realm of money, putting is finished to benefit from the resource being put to utilize. A capital increase or misfortune acknowledged from the offer of a piece of property or venture, hidden capital additions, speculation pay like profits, interest, or rental pay, or a blend of capital additions and pay can be in every way remembered for the return.
The return may likewise incorporate unfamiliar trade benefits or misfortunes because of moving trade rates. More dangerous ventures normally give better returns, as per financial backers.
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to achieve enhanced motivation, a marketer may try to enhance the relevance of a brand by doing what?
A marketer might use a suspenseful element to increase the relevance of a brand in order to achieve increased motivation.
Describe brand relevancy.The capacity of a brand to appeal to consumers' emotions and establish a personal connection with them is known as brand relevance. Customers express their feelings, not their thoughts, as in the phrases "watching Netflix makes me feel amazing," "driving a Tesla makes me feel brilliant," and "purchasing at Whole Foods I feel responsible because of the market.
You will gain from your brand's relevance in a number of different ways. Your business will continue to expand and make money since it will cut client acquisition expenses and raise customer lifetime value.
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a vendor charges $50 every time a technician travels to your office and $100 per hour for the time worked. track the travel cost in the field for a resource.
Cost/Use; work It can be calculated by evaluating the cost or ose field in the work section to know about the travel cost. Other options are not relevant here.
A cost is the worth of money that has been expended in the production or delivery of a good or service and is therefore no longer accessible for use in accounting, retail, research, or accounting. In business, the cost may be one of acquisition, in which case the cost is the sum of the money used to obtain it. In this instance, the input required to obtain the item is money. This acquisition cost could include both additional transactional costs incurred by the acquirer over and beyond the price given to the producer, as well as the cost of production borne by the original producer. In most cases, the price also includes a profit margin above the cost of manufacture.In most cases, the price also includes a profit margin above the cost of manufacture.
CORRECT QUESTION:
A vendor charges $50 every time a technician travels to your office and $100 per hour for the time worked. Track the travel cost in the _____ field for a _____ resource.
Select an answer:
Cost/Use; work
Travel Cost; work
Standard Rate; work
Cost/Use; material
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the phased approach to feasibility studies in project finance enables optimal project value to be extracted
Request for a feasibility study—IM stage. IM phase of the feasibility study elaboration. Possible Explanation Application/IM phase: Conference mode (optional during Path Study Elaboration).
Feasibility Study Findings - Candidate stage.t lists both the known expenses and the anticipated advantages. When it comes to business, "success" is defined as when the profit outweighs the expense. A feasibility study, also known as a feasibility analysis or a feasibility report, is a means to determine whether a project plan has a chance of being successful. A feasibility study assesses the viability of your project plan to determine if you can proceed with the project or not.
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which of the following is a benefit of telecommuting? a) poor work collaborations b) diminished productivity c) ability to hire from a tiny talent pool d) more cost effective
Telecommuting is more cost effective rather than expensive in order to raise productivity. Option D is correct.
What is Telecommuting?The practice of carrying out job tasks remotely using a computing device system and internet connection is known as telecommuting (also known as teleworking).
Some of the optimal benefits accounted due to use of telecommuting such as:
A rise in productivity.Therefore among all options given here option of more cost effective benefit is suitable for telecommuting.
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true or false? advertising, public relations, and campaigns are best described as the promotion component of the marketing mix.
The statement is True. Advertising, public relations, and campaigns are best described as the promotion component of the marketing mix.
A marketing mix includes a couple of regions of focus as a part of a comprehensive marketing plan. The term regularly refers to a not unusual category that commenced as the four PlayStation: product, charge, placement, and merchandising. Effective advertising and marketing touch on an extensive range of areas as opposed to fixating on one message.
Facilitates recognizing what your services or products can offer to your customers. Helps plan a successful product presentation. Helps with making plans, and developing and executing effective advertising techniques. Allows groups to employ their strengths and keep away from pointless costs.
The advertising mix is the set of controllable, tactical marketing gear that an enterprise makes use of to provide the desired response from its goal marketplace. It includes everything that a business enterprise can do to steer demand for its product. It is also a tool to help to advertise making plans and execution.
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which of the following factors does not directly impact the level of interest rates? risk marketability maturity cost of producing and distributing new currency
The cost of manufacturing and distributing new money has no direct impact on interest rates.
The interest rate is the amount a lender charges a borrower and is expressed as a percentage of the principal—the amount loaned. An interest rate can also be used to the amount earned at a bank or credit union from a savings account or certificate of deposit. The interest rate is the amount that a lender charges a borrower on top of the principal for the use of assets. An interest rate is also applied to the amount earned from a deposit account at a bank or credit union. The majority of mortgages employ basic interest. However, some loans use compound interest, which is charged not just to the principal but also to the accrued interest from previous periods.
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what is niche marketing? select one: a. a relatively small group of consumers within a segment that has a distinctive set of needs or seeks very specific benefits. b. a large group of heavy users who are loyal to a brand because it provides value at a relatively low price c. a market segment that is served by many firms and is characterized by high levels of competition d. a market segment that is characterized by high sales volumes and low prices
A) A niche market is a segment of consumers with a relatively limited number of customers who have unique demands or goals.
What does niche marketing mean?Often, niche marketing is simpler than advertising to a large audience. Niche audiences have very particular requirements and desires. A company that only sold handbags, for instance, would have to cater to a wide range of preferences and standards.
However, a company that sells handbags for new mothers that double as diaper bags has a lot more focus. Tools like Face-book ad targeting and social media monitoring have made niche marketing simpler as well.
Companies can speak directly to their audience by using niche marketing to understand the particular needs of that audience. Since niche marketing is all about forming the right connections, numerous social media platforms have improved their niche-specific targeting capabilities.
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baton company estimates that the amounts for total depreciation expense for the year ending december 31 will be $120,000 and for year-end bonuses to employees will be $200,000. what total amount of expense relating to these two items should baton report in its quarterly income statement for the three months ended march 31? a. $0 b. $30,000 c. $50,000 d. $80,000
The Baton company projected that the total depreciation expense for the current year is $120,000 and the year-end bonuses to employees is $200,000. In its first quarterly income statement, the expenses related to those two items should be reported $30,000 (option b).
Depreciation measures the decrease of the value of assets.
Depreciation expense is the amount of the cost of a company's fixed assets that is allocated for a specific term. Depreciation expense is recorded as a non-cash expense on the income statement, reducing the company's net income or profit.
In the income statement, the depreciation expense is debited while the accumulated depreciation is credited.
From the problem, we know that the depreciation expense for the current year is estimated to $120,000. Since the income statement is made quarterly, the depreciation expense for the first quarter (ended March 31) is 120,000/4 = 30,000
The expense for the employee's year-end bonuses is one time expense and therefore, not spread into quarterly income statement, only in the last statement.
Hence, the total expenses for those two items should be written as $30,000 (option b).
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hobbs owns a small internet service provider. he is sued by allison because someone who pays hobbs a monthly fee posted a defamatory statement about allison. will allison prevail in court?
No, because print publishers and Internet service providers are treated differently under the Communications Decency Act.
The Communications Decency Act's purpose is what?The Communications Decency Act of 1995 amends the Communications Act of 1934 to forbid the use of any telecommunications device (now only the telephone) to irritate, abuse, threaten, or harass any recipient of such message.
Any person who sent "obscene or indecent" messages to a receiver under the age of 18 was in violation of the CDA. Additionally, it forbade the "knowing" exhibition of "patently objectionable" materials in a way that was "accessible" to individuals under the age of 18
The Communications Decency Act was unconstitutional for what reasons?The federal Communications Decency Act (CDA) is an unlawful restraint on free speech, the Supreme Court declared in Reno v. ACLU in 1997. The precedent-setting decision confirmed the risks of banning what one judge referred to as "the most participative form of mass expression ever conceived."
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flagstaff company has budgeted production units of 9,600 for july and 9,800 for august. the direct materials requirement per unit is 3 ounces (oz.). the company has determined that it wants to have safety stock of direct materials on hand at the end of each month to complete 30% of the units of budgeted production in the following month. there was 8,640 ounces of direct material in inventory at the start of july. the total cost of direct materials purchases for the july direct materials budget, assuming the materials cost $1.10 per ounce, is:
The total cost of direct materials purchases for the July direct materials budget, assuming the materials cost $1.10 per ounce, is $31,878. Thus, option A is correct.
What is the market?"Market can be defined as a place where the individual, industry or a firm make their transaction that can be buying or selling of products or about rendering services. With the help of this they earn money. "
The cost that can be incurred is the price that the person needs to pay. Direct material to be bought:
= 9,600 x 3 + 30% x (9,800 x 3) - 8,640
= 28,800 + 8,820 - 8,640
= 28,980 * 1.10
= 31,878
Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
There were 8,640 ounces of direct material in inventory at the start of July. The total cost of direct materials purchases for the July direct materials budget, assuming the materials cost $1.10 per ounce, is:
$31,878.
$22,176.
$31,680.
$41,382.
$31,482.
the two types of imperfectly competitive markets are a. monopolistic competition and cartels. b. monopolistic competition and oligopoly. c. monopoly and monopolistic competition. d. monopoly and oligopoly.
When there is imperfect competition, market structures such as monopolies and oligopolies exist.
Monopolies are defined as single seller or producer who prohibits competitors from selling the same product. A monopoly can impose price changes and create barriers to entry into the market. Monopolies are frowned upon in free-market economies because they stifle competition and limit consumer substitutes.
Economy of scale, geographic advantages, high entry costs, restricted ownership of key inputs, and government restrictions like patents are the sources of monopoly power. Monopolies can set prices and keep pricing consistent and reliable for consumers in the absence of competition.
Hence, the correct answer is "D".
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the relationship between the factors of production used by a firm and the maximum output possible is called the
In economics, a factor of production, resource, or input is what is used in a production process to produce products, i.e. goods or services.
The amounts of various inputs used determine the amount of output according to a relationship known as the production function. The relationship between the inputs a firm uses and the maximum output it can produce with those inputs is called the firm's production function. Factors of production are outputs or inputs used to produce goods and services. They are the resources a business needs to make a profit by producing goods and services. Factors of production fall into four categories: Land, Labor, Capital, Entrepreneurship.
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Salt foods purchases forty $1,000, 7%, 10-year bonds issued by pretzelmania, incorporated, for $37,282 on january 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt foods receives interest semiannually on june 30 and december 31.
The market interest rate for bonds of similar risk and maturity is 8%. Salt foods receives interest semiannually on june 30 and December 31. The appropriate journal entry is: Debit Investment $37,282, Credit Cash $37,282.
How to prepare the journal entry?a. Debit Investment $37,282
Credit Cash $37,282
(To record the purchase of bonds)
b. Debit Cash $1,400
[($1,000 × $40) × 0.07 × 6 ÷ 12)]
Credit Investment $91
Credit Interest revenue
($37,282 ×8% × 6 ÷ 12) $1,491
(To record semi- annual interest revenue)
Therefore the entry is the appropriate journal entry is: Debit Investment $37,282, Credit Cash $37,282.
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The complete question is:
Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt Foods receives interest semiannually on June 30 and December 31.
Record the investment in bonds.2. Record receipt of the first interest payment on June 30.
The process of forming judgements about what could happen in the future and which actions are worth your investment is called.
Answer:
It is called Justifying
a market price is greater than marginal cost in a perfectly competitive market. what will allocative efficiency be at that level of production?
If the market price exceeds the marginal cost in a totally competitive market, the output won't be sufficient for allocative efficiency.
What is a competitive market?In economics, the term "competitive market" describes a market where there are many buyers and sellers and where no one buyer or seller has a significant impact on the market. Competitive markets have many buyers and sellers, few entry barriers, and uniform products.A market with intense competition is one with a competitive market structure. It is also referred to as a completely competitive market because it has lots of customers, uniform products, open entry, exit, etc.In a perfectly competitive market, if the market cost exceeds the marginal cost, the amount of output will be insufficient for allocative efficiency.Therefore, if the market price exceeds the marginal cost in a totally competitive market, the output won't be sufficient for allocative efficiency.
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which of the following should a retailer implement in its retail format to reduce markdowns? multiple choice question. sell merchandise to other retailers at a deep-discounted price. purchase merchandise in large quantities. create a feeling of product scarcity among customers. seldom change the displayed products on the selling floor.
Retailers should create a feeling of product scarcity among customers to reduce markdowns.
In advertising, a product is an object, or system, or service made available for consumer use as of the patron demand; it is whatever that can be offered to a marketplace to satisfy the desire or want of a customer.[1] In retailing, products are often called merchandise, and in production, merchandise are sold as raw materials after which offered as finished items. A carrier is also regarded as a form of product. Commodities are usually uncooked materials consisting of metals and agricultural merchandise, but a commodity also can be anything extensively available within the open marketplace. In undertaking management, products are the formal definition of the challenge deliverables that make up or make contributions to delivering the objectives of the undertaking. A associated idea is that of a sub-product, a secondary but useful end result of a production technique.
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is used to rank a company's products to determine which products represent the best use of the firm's resources, or, perhaps, to determine which products are to be eliminated.
The product-through-price analysis is used to rank an employer's products to determine which products constitute the satisfactory use of the firm's assets, or, possibly, to determine which products are to be eliminated.
Product via cost analysis is a tool used in cost accounting in corporations with a variety of products. The analysis lists all merchandise in order of declining in line with the unit contribution margin and includes the whole contribution margin generated by each product.
A product fee is a gain that a customer gets via the use of a product to fulfill their desires, minus related costs.
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The product-by-value analysis is used to rank a company's, assembly drawing lists the operations necessary to produce the component: is used to rank a company's products to determine.
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal, or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Companies are the plural version of the word company. You will use this form of the word when you are referring to more than one company. It can be easy to think that the proper plural spelling of company is company's, but since it ends with a Y, the company is an exception.
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in order to put a marketing concept into practice, you need a for performing two tasks, including selecting a target market.
You must complete two tasks in order to put a marketing concept into practice, including choosing a target market and option c. marketing plan.
A marketing strategy is a long-term plan for achieving business goals through an awareness of customer needs and the creation of a distinctive competitive advantage. It covers everything, from deciding which channels to use to reach your clients to calculating
Simply put, a marketing strategy outlines your company's objectives, including who your ideal clients are and how you plan to reach them. It serves as your strategy and a general guide for the marketing actions you will do to expand your company over the ensuing months and years.
It's critical to focus on customers' needs and wants when developing marketing strategies so that they satisfy both their needs and the organization's goals.
The options for the question are:
a. marketing scheme
b. marketing plan
c. marketing strategy
d. marketing mix
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melvin is moving his small business from his basement to an office building now that he has five full-time employees. what type of enterprise ap should he choose when setting up the new office's wlan?
When configuring the WLAN at the new workplace, Melvin ought to select Fat AP.
What is Fat AP?An access point (AP) in wireless local area networks (WLANs) with enough program logic and processing capacity to enforce access and use regulations on its own, independent of a centralized controller. (A fat AP, for instance, might take data from a RADIUS server.)
Everything is contained within a fat wireless access point. It must manage clients who are wireless. In the event that the end-user installations multiple Fat Wireless Access Points, each one must be configured separately.
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in 2010, americans had about outstanding in credit card debts not paid on time. group of answer choices $900 billion $90 billion $900 million $90 million
In 2010, Americans had about $900 billion outstanding in credit card debts not paid on time.
Revolving credit card loans result in credit card debt, a category of unsecured liability. Credit card debt can be racked up by borrowers by opening numerous accounts with various terms and credit limits. Credit bureaus will report and monitor every credit card account a borrower has. Credit card debt typically makes up the majority of a borrower's outstanding debt because these accounts are revolving and perpetually open.
Credit card debt, in general, is the total amount of unpaid balances that many borrowers carry over from month to month. Borrowers looking to make purchases with future payments postponed may find credit card debt useful.
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1. Suppose a business stores hazardous chemicals in leaky containers in a warehouse. Part
of the emergency exit is blocked with the barrels, but a strong employee volunteers to
move them in case of an emergency. Who needs to be notified? Why?
Answer:
probably notify who ever is in charge of the place before moving the leaky containers around, tell them its dangerous that the emergency exist is blocked and ask them to get a professional to move those chemicals asap.
Explanation:
just in case those chemicals turn the place very toxic and deadly.
In the given case, the safety in charge of the place needs to be notified in order to maintain the situation and avoid any loss.
What is business?An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.
In the given case, it is explained that a company keeps dangerous chemicals in a storeroom in leaky containers. The barrels are obstructing a portion of the emergency exit, but a strong employee offers to move them in case of an emergency.
It is required to notify the security head or security in charge of a particular place and asks them to take a particular action in order to control the situation and avoid any risky loss of human life or property.
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stealth bank is holding $4 million in reserves, $9 million in government bonds and $9.6 million in low risk mortgage loans. out of the $20 million in customers' deposits, stealth holds $13.1 million in the form of certificates of deposit. what is stealth bank's net worth in millions of dollars?
Stealth bank is holding $4 million in reserves and $9 million in government bonds. $2.6 million is the stealth bank's net worth in millions of dollars.
($4mil + $9mil + $9.6mil) - $20mil = $2.6 million net worth.
For the Stealth Bank, net worth is equal to $2.6 million; that is, $22.6 million in assets minus $20 million in liabilities.
A government bond is a debt security issued by a government to support government spending and scores. Government bonds can pay periodic interest payments called pasteboard payments. Government bonds issued by public governments are frequently considered low-threat investments since the issuing government backs them.
Government bonds issued by civil governments are among the safest investments around, frequently carrying a threat-free rate of return. still, because of their lower threat, they also carry fairly lower yields.
a bondholder invests$,000( called face value) into a 10- time government bond with a 10 periodic pasteboard; the government would pay the bondholder 10 of the$,000 each time. At the maturity date the government would give back the original$,000.
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which combination of resource similarity and market commonality results in the least intense competition? a. high resource similarity, high market commonality b. low resource similarity, high market commonality c. low resource similarity, low market commonality d. high resource similarity, low market commonality
The answer is a) High resource similarity, low market commonality. combination of resource similarity and market commonality results in the least intense competition .
When a company and its rival both serve the same market, this is referred to as market commonality. For instance, businesses compete for access to capital in the financial sector (resource similarity) and for access to customer groups in the food sector.
Any pair of competitors can benefit from a framework for competitor analysis that combines resource similarity and market commonality. High resource similarity and low market commonality lead to the lowest level of rivalry between rivals.
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in order to cater to local tastes and culinary traditions, a well-known restaurant chain offers customized versions of its menu in different countries. this is an example of a(n) strategy.
In order to cater to local tastes and culinary traditions, a well-known restaurant chain offers general versions of its menu in different countries. This is an example of a multi-domestic strategy.
What is strategy?A strategy refers to a general plan for achieving one under uncertain circumstances. In the sense of "the art of the general", which includes some subset of skills including military tactics, siege warfare, logistics, etc., the term came into use in Byzantine parlance in the 6th century AD and was translated into the West. Indigenous languages until the 6th century AD in the 18th century. From then until the twentieth century, the term "strategy" was used in military conflicts in which both adversaries interacted, "in a dialectic of the will, a holistic attempt to pursue a political objective, including the threat or actual use of force." Strategy is important because the resources available to reach your goals are usually limited. Strategy generally involves setting goals and priorities, identifying actions to achieve goals, and mobilizing resources to carry out actions. Strategy describes how to achieve a goal using means. Strategy can be intentional or can emerge as patterns of activity as an organization adapts or competes in its environment.Includes activities such as strategic planning and strategic thinkingTo learn more about strategy from the given link :
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radial tires, a tire manufacturer, posts an advertisement inviting applicants to pursue a role as an associate marketing manager. the company has specified that the job will involve managing marketing channels, executing tradeshow events, and collaborating with the advertising team. this is an example of a job
As radial tires posts an advertisement inviting applicants to pursue a role as an associate marketing manager, which specified that the job will involve managing marketing channels, executing trade show events and collaborating with the advertising team, this is an example of a job advertisement.
What is a job advertisement?Basically, a job advertisement means an announcement of an open job position, that is, its informs people that a certain job position is available. It is mostly written in an engaging tone and it contains information not only about the job position but also about your company and the benefits you offer. Generally, the main goal of the job advertisement is to inform potential job candidates about a new opening and attract them to apply.
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darcy owns 5,000 shares of english manor properties. it is her belief that the company is unlikely to grow much over the next year. she is curious how she might generate some additional income from the position as english manor pays a paltry dividend and she asks about covered calls. you tell her that
You tell her that Writing calls against her stock position is a conservative strategy for generating income.
What Is a Covered Call?
A financial transaction known as a "covered call" occurs when a call option seller also holds an equivalent quantity of the underlying securities. An investor who has a long position in an asset can then carry out this strategy by writing (selling) call options on that same asset to create an income stream. Since the seller can deliver the shares if the call option buyer decides to exercise, the investor's long position in the asset serves as the cover.
People who plan to own the underlying stock for a long time but do not anticipate a significant price gain in the near future frequently use covered calls.
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Disclaimer- The complete question is-
Darcy owns 5,000 shares of English Manor Properties. It is her belief that the company is unlikely to grow much over the next year. She is curious how he might generate some additional income from the position as English Manor pays a paltry dividend and asks about covered calls. You tell her that
A) Writing calls against her stock position is a conservative strategy for generating income.
B) Buy puts is the best hedge against this position.
C) Writing calls against her stock position is a conservative strategy but is ineffective for generating income.
D) Selling covered calls is very aggressive but has a solid chance of generating substantial income.
cabot inc. has 6%, $100,000 face amount bonds outstanding. the bonds were issued at a premium. at end of the current fiscal period, the balance of premium on bonds payable is $1,200.the balance sheet presentation of cabot's bonds should include:
The balance sheet presentation of Cabot's bonds include,
B. Less discount on bonds payable of $1,200
C. Bonds payable of $100,000
You must put the statistics in context for the audience because the balance sheet only reports at one point in time. You must contrast them with an earlier period of time, typically the preceding quarter or the same period in the prior year. A balance sheet is a financial record used to convey the precise value of a business or organization, or its "book value." By outlining and totaling all of a company's assets, liabilities, and owners' equity as of a specific date, commonly referred to as the "reporting date," the balance sheet accomplishes this. Depending on the frequency of reporting required by law or corporate policy, a balance sheet is often created and distributed on a quarterly or monthly basis.
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Answer:
204,500
Explanation:
Which of the following indicates the length of a channel?
A.
The number of retailers in the channel
B.
The number of wholesalers in the channel
C.
The number of intermediary levels in the channel
D.
The number of final consumers in the channel
E.
The number of producers in the channel
The statement which correctly indicates the length of a channel is: C. the number of intermediary levels in the channel.
What is marketing?Marketing simply refers to a strategic process which typically involves developing promotional techniques and sales strategies by a business firm to enhance the availability of products (goods) and services, in order to meet the demands, and unending needs of the end users (consumers) through advertising and market research.
What are the types of marketing channel?In Business management and marketing, there are two types of marketing channel and these include the following:
Indirect channel.Direct channel.In conclusion, marketing intermediaries are a part of the channels of distribution and they are saddled with responsibility of transporting goods and services from the producers (manufacturers) to business firms and from businesses firms to consumers, thereby, influencing the length of a channel.
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management teams are similar to work teams because they focus on the accomplishment of core operational-level production and service tasks. require only part-time commitment from members. participate in managerial-level tasks that affect the entire organization. require a lot of input from members with different types of training and expertise. are designed to be relatively permanent.
Parallel teams are composed of individuals from a number jobs who furnish guidelines to managers about vital problems that run "parallel" to the organization's production process.
Which of the five elements that have an effect on crew effectiveness is the most important?In order of importance, these five factors are: psychological safety, dependability, shape and clarity, that means and impact. Let's smash these down. Let's start with psychological safety, which is the variety one factor that influences group effectiveness.
Why measurement of groups is one of the important factors that should affect the crew effectiveness?The cause the measurement is so necessary that it is the center of attention of research research has to do with processes and outcomes. Too few human beings and the team may additionally not have adequate assets or skills. Too many humans and communication becomes extra challenging.
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To better serve specific consumer needs, service delivery vehicles may be improved or modified. belongs to the category of crm infrastructure. administration of the content and personalization.
A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. The objective is straightforward: strengthen business ties to expand your company.
Customer relationship management is known as CRM. It's a piece of technology used to control communications with current and potential clients. Organizations can increase sales, enhance customer service, and boost profitability by using a CRM system to develop customer relationships and streamline procedures.
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