Chanel's production department is in charge of making and packaging in an organization.
What do you mean by diversity?A strong business case for diversity has emerged as a result of the evolution of workplace diversity models since the 1960s. The initial paradigm for diversity in the United States was based on affirmative action and the equal opportunity employment goals put in place by the Civil Rights Act of 1964.
What is the environment of an organization?The forces that surround an organization collectively make up its organizational environment. Due to their ability to limit or improve the organization's access to resources, these factors can simultaneously bring opportunities and difficulties.
An organization's organizational environment is the sum of the influences that surround it. Because they have the power to limit or improve the organization's access to resources, these effects can both bring opportunities and difficulties. Furthermore, despite the fact that these resources are essential to the business, they are also in low supply (Riggio, 2018). Numerous factors, such as rival companies fighting for market dominance, quick technical development, and rising costs of raw materials, have an impact on the concept of the organizational environment. All of these factors have the potential to undermine a company's edge in the market. As a result, an organization's behavior may be influenced by the forces at play in its surroundings (Truxillo, Bauer & Erdogan, 2016).
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suppose the nation of sugarland consists of 50,000 households, 10 of whom are sugar producers. arguing that the sugar industry is vital to the national economy, sugar producers propose an import tariff. the loss in consumer surplus due to the tariff will be $100,000 per year. the total gain in producer surplus will be $25,000 per year.
What is the gross cost per household per year of the proposed policy? $2 . What is the policy's benefit per sugar producer per year? 2. $2500
There are many reasons why a policy may be required. It could be brought about by a shift in the external environment, a change in management policy, or the discovery of an unresolved issue or problem.
Stakeholder input is essential to the development of a policy, regardless of its source. Employees, students, employee unions, deans, directors, vice presidents, and members of the off-campus community are examples of stakeholders. A variety of reasonable options are developed and evaluated through discussions with these groups.
Our activities are governed by two types of policies: 1) internal regulations that apply to employees; 2) administrative regulations that apply to students and the general public. A separate section discusses the process for establishing and revising administrative rules, which differs from that for internal policies.
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as a new salesperson for a textbook publisher, kylie is creating a list of professors that decide what texts their schools use. she plans to email these prospective professors to determine what texts they are currently using and if they plan to adopt a new text. identifying those decision makers that are qualified and willing to consider one of her texts is called:
The initial stage of the selling process is prospecting. In order to convert them into existing customers, the salesperson identifies the potential clients and contacts them.
Which phrase describes the act of purchasing something?product promotion the practice of paying for a product to be featured positively in a television program or motion picture broadcast and cable television. Trade advertising is the form of advertising that makes up the greatest portion of overall advertising spending.
Which of the following is a demographic segmentation example?A company that makes recreational equipment segments its market based on geographic locations, creating unique products for consumers in various parts of the nation.
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what factor(s) fueled the civil conflicts in the late 1990s in liberia and sierra leone? a. ebola outbreak b. diamond sales for arms c. first elected woman head of state d. ebola outbreak and diamond sales for arms e. all of the above
a. Ebola outbreak fueled the civil conflicts in the late 1990s in liberia and sierra leone.
A civil struggle or intrastate warfare is a struggle among prepared organizations within the identical state. The goal of one aspect may be to take manipulate of the united states or a place, to gain independence for a place, or to alternate government policies.
Political causes of civil conflict. Political deprivation, such as colonial subordination or loss of political rights, presents some other potential motivation for resorting to violence. Many conflicts after 1945 first emerged as groups sought to reap independence for areas beneath colonial rule. well-known examples encompass the civil wars in Vietnam (1960-1975), India (1989-ongoing), the Philippines (1972-1992), El Salvador (1980-1992), Peru (1980-1996), Colombia (1978-2016), or Ethiopia (1978-1991).
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which of the following is a possible option to employ when demand exceeds capacity ?
A. lower prices.
B. schedule long lead times
C. temporarily lay workers
D. increasre advertising expendures
The correct answer is D. increasre advertising expendures. therefore the correct option (D) option.
The cost of running an advertisement is the most noticeable advertising expense. Newspapers, magazines, neighborhood stores, TV and radio station spots, internet, and billboards are just a few of the media options. Some media purchases require you to pay depending on the frequency of the advertisement, while others charge you according on the response you receive. When there is a clear and consistent link between overall expenses and future gains that come directly from incurring those costs, advertising is recognized as an asset. Debiting Prepaid Advertising and crediting the relevant account are used to accomplish this. You would credit the Cash account if you paid in full for the advertisement. You would credit Accounts Payable if you were paying for the advertisement in instalments.
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what are some of the benefits of lean operations? multiple choice question. lower costs, greater productivity, higher quality longer cycle times and higher quality longer lead times, higher profits, smaller facilities
Lean operations further develop proficiency, lessen waste, and increments efficiency.
What are lean operations?
Lean operations is a business methodology driven by the standard of accomplishing more with less. It is a moderate way to deal with maintaining a business and working on everyday tasks. As such, lean tasks are tied in with placing a little Marie Kondo-like proficiency into your work processes.
A typical misguided judgment about "lean" is that it's an abbreviation. It doesn't represent anything regarding the course of item creation.
Lean operations further develop proficiency, lessens waste, and increments efficiency.
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Which of the following is the usual way in which companies first enter foreign markets?
A. Outsourcing
B. Exporting
C. Offshoring
D. Importing
B is the wisest decision. This sort of entry is used by the majority of organizations to begin their global expansion because exporting is frequently the simplest way to access an international market.
What do you mean specifically by both the global market?International marketing is the practice of selling products or services to customers who are located outside of your brand's domestic market. Imagine it to be an type of global commerce. By entering foreign markets, brands can grow their customer base internationally, enhance their reputation, and, of course, increase their revenue.
What features distinguish the global market?The creation, pricing, promotion, and dissemination of ideas, products, and services are all a part of the global "international marketing" process, which strives to advance commerce and accomplish both personal and business objectives.
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an agent receives an order from a client to purchase $20,000 worth of stock in whatever company looks good. in what type of account could the agent accept this type of order? a) cash b) custodial account managed by an administrator for the client's deceased cousin c) discretionary d) margin
Selling 3,000 shares of ABC at a customer's request and at the agent's discretionary pricing, without the client giving oral or written approval.
All of the following practices that are listed in the question, with the exception of selling 3,000 shares of ABC at the direction of a client at a price that the agent determines, without oral or written discretionary authority, are unethical for an agent, according to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents. It should be mentioned that as long as the client has chosen the quantity, asset, and activity, it is ethical for the agent to choose the price and the timing of a trade. Only cash accounts may be opened for custody accounts. Savings accounts for minors that are opened and managed by an adult are called custodial accounts. Due to the absence of income restrictions, withdrawal fees, and contribution caps, custodial accounts typically enjoy a great deal of freedom.
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an organization planned to use $98 of direct materials per unit of output, but it actually used $96 per unit. during this period, the company planned to make 2,960 units, but produced only 2,600 units. the flexible budget amount for direct materials cost is:
The company planned to make 2,960 units, but produced only 2,600 units. The flexible-budget variance for materials is $5,200 favorable.
Variances in flexible budgets are the discrepancies between line items on flexible budgets and those on real financial statements. Flexible budgets can only be created at the conclusion of the accounting period because the real activity level is not accessible before it.
In order to calculate the The flexible-budget variance for materials we have to use the following formula:
Flexible budget variance for materials = Budgeted material cost for actual production - Actual material cost
= (2,600*$98) - (2,600*$96)
= $254,800-$249,600
= $5,200
Hence, The flexible-budget variance for materials is $5,200 favorable.
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in comparison to project g, project a has expected returns and has risk. true or false: a more aggressive firm would prefer a portfolio comprised mostly of projects similar to project d. true false
True - in comparison to project g, project a has expected returns and has risk. true or false: a more aggressive firm would prefer a portfolio comprised mostly of projects similar to project d.
Aggression is overt or covert, often harmful, social interaction with the goal of causing harm or other damage upon some other character; although it is able to be channeled into creative and practical shops for a few.[1] it could arise both reactively or without provocation. In people, aggression can be caused by diverse triggers, from frustration due to blocked desires to feeling disrespected.[2] Human aggression can be categorized into direct and oblique aggression; at the same time as the former is characterized via physical or verbal behavior supposed to cause damage to someone, the latter is characterised by way of conduct meant to harm the social family members of an individual or organization.
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how quickly will money double if it is invested at an annual interest rate of 10% compounded continously
The Rule of 72 is a simple, effective rule that is frequently used to determine how many years are needed to double an investment at a specific yearly rate of return.
As an alternative, it can figure out how many years it will take to double an investment by calculating the annual rate of compounded return.
The Rule of 72 is useful for rapid mental calculations to estimate a value, even though calculators and spreadsheet programs like Microsoft Excel include tools to precisely compute the precise time needed to double the invested money. The Rule of 72 is frequently explained to new investors as a result of how simple it is to understand and use.
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tri-coat paints has a current market value of $38 per share with earnings of $3.36. what is the present value of its growth opportunities (pvgo) if the required return is 9%?
$0.66 is the present value of its growth opportunities (pvgo) if the required return is 9%.
PVGO stands for Present Value of Growth Opportunities and represents the future growth value of a company. The PVGO index measures the potential value creation of a company by reinvesting profits back into itself. H. By accepting projects that drive future growth
Calculating the problem:Tri-coat paints has a current market value of $38 per share
They also have an earning of $3.36
The required return is 9%
= 9/100
= 0.09
The present value of its growth opportunities can be calculated as follows:
= $38-($3.36/0.09)
= $38 - $ 37.33
= $0.66
What are growth opportunities? how are they rated?In corporate finance, present value of growth opportunity (PVGO) is a metric applied to growth stocks. It represents the percentage of a company's stock value that corresponds to (expected) revenue growth.
What does high PVGO mean?A high PVGO means that the company has many growth opportunities to pursue, which could add value to the company in the future.
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which of the following is not one of the four main components in leavitt's diamond?
Four main elements make up Leavitt's Diamond. Work, People, Structure, and Technology are these. Systems is the option that is NOT one of the four primary components in Leavitt's diamond because tasks are equal to "work" according to the choices provided.
A model explaining organisational transformation was presented by American professor Harlod J. Leavitt in the beginning of the 1960s. The structure, task, technology, and people components of organisational transformation are the four main pillars of this concept. These four components work together and depend on one another. To symbolise the interdependence of all of them, Professor Leavitt arranged them in a square form. Leavitt's Diamond Model is the common name for this square shape since it resembles a diamond.
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Select the true statement about the bankruptcy process. Select one of the following:Filing for bankruptcy is the best way for a company to remedy financial distress.A Chapter 11 bankruptcy is a liquidation filing.In a Chapter 7 bankruptcy, creditors are guaranteed to recoup at least part of what is owed to them.Companies that cannot meet their debts can try to reduce their debt obligations before filing for bankruptcy.
Companies that cannot meet their debts can try to reduce their debt obligations before filing for bankruptcy. Companies can try restructuring their debts, if they are in a position of not meeting debt obligations.
Companies can try restructuring their debts, if they are in a position of not meeting debt obligations. They can try to rework on the change in repayment terms to improve liquidity. Other options are wrong, as chapter 11 bankruptcy is not liquidation filing, but re-organization filing. Chapter 7 bankruptcy does not guarantee the part payment to creditors.
Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual, by spouses together, or by a corporation or other entity.
All bankruptcy cases are handled in federal courts under rules outlined in the U.S. Bankruptcy Code.
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bill has released a new line of products for his business and is using display ads to influence customer consideration. how does display ads targeting help bill reach his marketing objective
To use display ads to influence customer consideration Display ads targeting help by allowing Bill to strategically show his message to users when they're actively browsing, researching, or comparing the types of products he sells.
A business is defined as an employer or enterprising entity engaged in business, commercial, or a expert activities. Businesses may be for-income entities or non-earnings companies.
Business plays an important position in customer consideration. First, they devise goods and offerings to satisfy our needs and wants. They also recruit families as exertions and provide them with reimbursement, consisting of wages, salaries, and advantages. For this reason, it turns into a supply in their profits, which can be used to preserve their existence.
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With which of the following is the concept of Marginal Cost closely related?(a) Variable Cost(b) Fixed Cost(c) Opportunity cost(d) Economic Cost
(B) Variable Cost is the concept of marginal cost closely related.
What does variable cost mean?Variable costs are expenses that change depending on how much a company produces or sells. Variable costs fluctuate with production changes; they depend on an organization's sales volume, which might rise or fall.
Variable costs include, for example, the price of raw materials and packaging for a manufacturing company, the price of credit card transaction fees, and shipping for a retail business.
Depending on how well the firm is doing, these charges change. A variable cost can be defined as an alternative to a fixed cost. All of a business's expenses are made up of variable and fixed costs. Variable costs are connected with production output or sales.
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now that you have some idea of the questions the stakeholders may ask, you consider potential objections. how do you ensure you are prepared for any potential objections? select all that apply.
To ensure you are prepared to respond to objections, include information on where the data came from in an appendix. You should also keep a detailed log of your data-cleaning.
What is appendix?
Appendix, formally vermiform appendix, in anatomy, a vestigial hollow tube that is closed at one end and is attached at the other end to the cecum
The appendix, also known as the vermiform appendix, vermix, or vermiform process, is a blind-ended tube that resembles a finger and is attached to the cecum, where it develops in the embryo. At the intersection of the small and large intestines, there is a pouch-like structure called the cecum. Vermiform is a Latin word that means "worm-shaped." Since the early 2000s, the appendix has being seen differently than it originally was. According to research, the appendix may have a significant function. In particular, it might act as a holding area for good gut bacteria.
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what is an activity or material intended to induce salespeople to sell a product or consumers to buy it?
Sales promotion is an activity or material intended to induce salespeople to sell a product or consumers to buy it.
Sales promotions: what are they?Increasing sales, fostering client loyalty, or raising brand exposure are all goals of a sales promotion. For customers to purchase your goods or interact with your brand, you typically need to give a discount or some other kind of incentive.
Why is sales promotion crucial?A promotion's ability to differentiate a company from its rivals is its main benefit. Without competition, there would never be a need for any business to run promotions. Customers will continue to do business with you only if you continue to outperform your rivals.
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in what way are monetary and fiscal policies similar? group of answer choices they both target aggregate demand to overcome business fluctuations. neither involves a lag. they are both effective when the economy suffers from real shocks. both are insulated from the political process.
Monetary and fiscal policies are similar as they both target aggregate demand to overcome business fluctuations.
Option A is correct.
How do monetary and fiscal policies work together?Fiscal policy affects aggregate demand through changes in government spending and taxation. These factors affect employment and household income, which in turn affect private consumption and investment. Monetary policy affects the amount of money in the economy that affects interest rates and inflation.
Is fiscal policy the same as monetary policy?Fiscal policy is a policy enacted by the legislative branch of government. It deals with taxation and government spending. Monetary policy is enacted by the government's central bank. Address changes in a country's money supply by adjusting interest rates, reserves, and open market operations.
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atie murphy has been directed by the toyota dealership's general manager to cut prices on last year's models, place and ad in the local paper, and tell manufacturers to reduce delivery for the next month. which step of the marketing planning process is katie engaged in
Katie is engaged in implement marketing mix and resources, which is a step of the marketing planning process.
A marketing planning process is a methodical procedure for creating marketing objectives, plans, and execution strategies. It can be applied to a wide range of situations, including normal planning of new business development initiatives and the introduction of a new firm
A phase of the process may be more or less important depending on your particular circumstances. Executives with extensive backgrounds in professional services, some of whom may hold top management positions, frequently hold this opinion.
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every day at the same time, the team at kaymoz electronics holds a 10-minute stand-up meeting to bring everyone up to date on project status. this stand-up meeting is an example of how
This stand-up meeting is an example of how rituals are used to reinforced its punctual and energetic organizational structure.
Organizational rituals may be characterized as regular, recurring, rule-bound tasks carried out under settings that demand unambiguous performance expectations.
When a firm culture program incorporates rituals to stress exemplary actions, employees don't only get into routines; they develop positive habits. Rituals urge people to behave and think in ways that will benefit the organization. Over time, their behaviors leave an impression.
People engage in rituals in an effort to achieve a variety of objectives, including reducing anxiety, easing grief, boosting confidence, winning a competition, or even making it rain.
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The complete question is:
Every day at the same time, the team at Kaymoz Electronics holds a 10-minute stand-up meeting to bring everyone up to date on project status. This stand-up meeting is an example of how _______ are used to reinforce its punctual and energetic organizational culture.
Which of the following is NOT one of the benefits of using presentational aids?
a. They clarify and dramatize the verbal message.
b. They help audiences remember information.
c. They allow you to narrow down who you appeal to.
d. They increase personal appeal.
e. They make you feel more confident.
They enable you to target a more specific audience. The correct option is (c).
What is presentational aids:
To strengthen the message delivered to the audience, a speaker may use presentation aids in addition to speech words and delivery. Speakers most frequently employ visual display aid, such as pictures, charts, graphs, maps, and the like. By highlighting and clarifying a speaker's points, presentation aids assist the audience in better understanding them.
Presentation tools can both draw attention to the speech's most crucial points and make difficult concepts or procedures simpler for the audience to comprehend. Examples of audible assistance include sound effects, speech clips, and musical fragments. Last but not least, presenting aids can be tri things like animals, people, and objects. Additionally, they may change with time, like in a how-to manual. As you can see, the possibilities for presenting tools are practically limitless.
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in the iowa car crop, steven landsburg argues that importing cars from japan and exporting wheat from iowa is analogous to…
In the iowa car crop, Steven landsburg argues that importing cars from japan and exporting wheat from Iowa is analogous to growing cars in Iowa.
What does it mean to import?Importing is the process of importing goods or services produced abroad into a nation for resale. Companies based in the United States who purchase goods abroad and bring them here for sale or for use in an American-made product are said to be importing.
Any good that is created abroad and then imported into another nation is an import. For instance, if a Belgian company manufactures chocolate and sells it in the US, that would be considered an import from the American point of view.
Countries would engage in international trade while exporting the items in which they have a comparative advantage, according to the comparative advantage principle. No country or individual can have a comparative advantage in every good.
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1. n order to obtain a search warrant, a law enforcement officer must show probable cause by reasonably establishing three issues. Which of the following is NOT one of them? Answer A. a crime has been committed B. the item to be seized is contraband C. evidence of the crime exists D. the evidence presently exists in the place to be searched 2. Anarchist International can be characterized as a conglomerate of right-wing extremist groups. TRUE OR FALSE 3. The largest computer crime problem affecting local law enforcement with the largest number of victims is: Answer A.software piracy B. Internet fraud C. theft of service via computer D. corporate espionage 4. An image of a hard drive: Answer A. contains all of the data from the drive, including slack space and unallocated clusters B. contains irregularities that produce a different hash value than the original C. is a still photograph taken of the platters of a hard drive D. is not useful to a forensic examiner under the "best evidence" rule 5. Why should the analyst wipe the analysis drive? Answer A. to prove to the court that there could not have been contamination from another drive B. to eliminate any intellectual property violations from retaining the suspect's information C. to extend the life of the hard drive D. to speed the hard disk's retrieval of information 6. The pen/trace statute regulates the collection of communication content. TRUE OR FALSE 7. Forensics packages must: Answer A. come with built-in support and training B. have a report-writing feature C. acquire, authenticate, and analyze data D. run on any type of computer used by the forensic analyst 8. Which federal agency is known as the nation's pre-eminent "cryptological organization"? Answer A. NSA B. DOJ C. Secret Service D. DOE 9. When admitting digital evidence at trial, the issue of ______________ comes up when the evidence involves computer-generated records Answer A. authenticity B. impeachment C. hearsay D. due process 10. The groups ALF and ELF can best be described as: Answer A. right wing extremist groups B. environmental - special interests groups C. hate groups D. militia groups
A law enforcement official must demonstrate probable cause by credibly demonstrating three issues in order to get a search warrant. There is evidence of the crime.
In North American English, a law enforcement officer (LEO), also called a peace officer, is employed by the government and is largely in charge of upholding the law. Police, prosecutors, municipal law enforcement officers, health inspectors, special police officers, customs officers, attorneys, state troopers, federal agents, secret agents, special investigators, coast guards, border patrol officers, judges, district attorneys, bounty hunters, gendarmerie officers, immigration officers, private investigators, court officers, probation officers, parole officers, and arson investigators are all possible members of this group. Security officers are not law enforcement officers until they have been given enforcement authority.
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A monopolist's profit-maximizing price and output correspond to the point on a graph:
A) where total costs are the smallest relative to price
B) where average total cost is minimized
C) where price is as high as possible
D) where marginal revenue equals marginal cost and charging the price on the market demand curve for that output
The profit-maximizing price and output of a monopolist correspond to the point on a graph where marginal revenue equals marginal cost and charging the market demand curve price for that output.
A monopolist is an individual, group, or company that dominates and controls a specific market for a good or service. Because there is no competition and no substitute goods or services, the monopolist has enough market power to charge high prices.
When there is only one seller in the market, a monopoly develops. The monopoly case is considered the polar opposite of perfect competition in conventional economic analysis.
Hence, the correct answer is "D".
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Which of the following can be used without coordinating with managers of succeedingactivities?
A. Total Slack
B. Free Slack
C. Critical Float
D. Float Pad
E. Slip Pad
Free slack can be utilized from following without coordination to executives of succeeding activities.
What exactly do managers mean?
A manager is an individual who takes on a management role in a company and manages a group of employees. Managers are frequently in charge of a specific department within their organization. There are many different kinds of managers, but all of them have responsibilities such as conducting evaluations of performance and making decisions.
Which are the responsibilities of a manager?
Maintains staff by trying to recruit, choosing, orienting, and training new employees. Ensures a safe, safe, and legal working environment. Creates opportunities for personal growth. Staff results are achieved besides interacting work expectations; trying to plan, monitoring, but also appraising job results.
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suppose that the value of a stock varies each day from $9.82 to $15.17 with a uniform distribution. find the upper quartile; 25% of all days the stock is above what value? (enter your answer to the nearest cent.)
At $3.0875, a quarter. To get $19.0825, deduct that from the highest value. Above $19.08
Meaning of one quarter?One-quarter definitions. an equal portion of four. synonyms: a fourth, a fourth portion, a quarter, a quartern, and a quarter. Simple fraction or a common fraction.
once every three or four months?On a corporate accounting calendar, a quarterly is a 3 period that serves as the foundation for recurring financial reports and dividend payments. One quarter, or one-fourth of a year, is denoted by the letters Q1 for the first qtr, etc. It can also be represented with a year, for example, Q1 2021. (or Q121).
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suppose cathy and lewis work in a bakery making pies and cakes. suppose it takes cathy 1.5 hours to make a pie and 1 hour to make a cake, and suppose it takes lewis 2 hours to make a pie and 1.5 hours to make a cake. what is the opportunity cost to cathy of making a cake?
The opportunity cost to Cathy of making a cake is (b) 2/3rd of a pie.
Opportunity costs are the profits that a person, investor, or business forfeits by choosing one course of action over another. Since opportunity costs are by definition unseen, it is easy to overlook them. Better choices may be made when a firm or individual is aware of the opportunities that can be lost by selecting one investment over another.
Opportunity costs can help people and businesses make more lucrative decisions by guiding them in this direction. Opportunity cost is an entirely internal expense that is only taken into consideration from a strategic perspective; it is not included in accounting profit and is not disclosed to other parties.
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Suppose Cathy and Lewis work in a bakery making pies and cakes. Suppose it takes Cathy 1.5 hours to make a pie and 1 hour to make a cake, and suppose it takes Lewis2 hours to make a pie and 1.5 hours to make a cake. What is the opportunity cost to Cathy of making a cake?
A)1.33 pies.
B)2/3 of a pie.
C)1 pie.
D)1.5 pies.
super-tee has a contribution margin of 25%. how many t-shirts (rounded to the nearest shirt) must be sold in order for the company to break even?
176 t-shirts (rounded to the nearest shirt) must be sold in order for the company to break even. The revenue less variable costs equals contribution margin.
The formula for calculating the contribution margin ratio is (Revenue - Variable Costs) / Revenue. The contribution margin displays the total amount of the revenue available after variable costs to pay for fixed expenditures and turn a profit for the business, according to Knight. This could be viewed as the portion of sales that helps to cover fixed expenses. The company will experience a loss if the contribution margin is too low or negative.
(The given que is incomplete I answered this que in general according to my knoweledge.)
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1-A long-term asset is recorded at the:
Cost of the asset.
Additional costs to get the asset ready for use.
Cost of the asset plus all costs necessary to the asset ready for use.
Cost of the asset less all costs necessary to the asset ready for use.
2- The Open Grill incurred the following costs in acquiring a new piece of land:
Cost of the land
$
80,000
Commissions
4,800
Liability insurance for the first year
1,200
Cost of removing existing building
20,000
Sale of salvaged materials
(4,000
)
Total costs
$
102,000
What is the total recorded cost of the land?
$102,000.
$100,800.
$106,000.
$80,000.
3-
The Cheese Factory incurred the following costs related to acquiring a new piece of equipment:
Cost of the equipment
$
50,000
Sales tax (8%)
4,000
Shipping
3,000
Installation
2,000
Depreciation during the first month
1,000
Total costs
$
60,000
What is the total recorded cost of the equipment?
$60,000.
$50,000.
$57,000.
$59,000.
4- Which of the following is properly recorded as an intangible asset?
An internally developed trademark.
A piece of land.
A purchased patent.
An internally developed copyright.
5-
Which of the following correctly describes the nature of depreciation?
Depreciation represents the valuation of property, plant, and equipment over its service life.
Depreciation represents the valuation of an intangible asset over its service life.
Depreciation represents the allocation of the cost of property, plant, and equipment over its service life.
Depreciation represents the allocation of the cost of an intangible asset over its service life.
6-Accumulated depreciation is
An expense account.
An asset.
A contra-asset.
A liability.
7-Depreciation in accounting is the:
Decrease in fair value of an asset.
Decrease in selling price of an asset.
Allocation of an asset’s cost to an expense over time.
Change in fair value of an asset.
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Answer:
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Explanation:
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of chester corporation’s products, which earned the lowest net margin as a percentage of its sales?
Of Chester Corporation’s products, CRIMP earned the lowest Net Margin as a percentage of its sales.
How much net income or profit is produced as a percentage of revenue is measured by the net profit margin, also known as the net margin. It is the proportion of a company's or business segment's net profits to revenues.
Net Profit margin = Net Profit Divide by Total revenue multiplied by 100
CRIMP
Crimp has the lowest net margin.
Net Margin = Net Income/Sales
Cute
Net Margin = 17759/63316= 28.05%
Crimp
Net Margin = 12919/51723= 24.98%
Cake
Net Margin = 18202/59002= 30.85%
Cedar
Net Margin = 18246/63662 = 28.66%
To learn more about Net Margin
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