Under following circumstances may a cash-method business be allowed to use the cash method to account for inventory:
1. It is predominantly a retail business, and during the past three years, average yearly gross receipts have not exceeded $26 million.
2. It is predominantly a service-based company, and over the last three years, average gross receipts have not exceeded $26 million each year.
What is Cash-method Business?Cash basis accounting would result in significant discrepancies between inventory accounting and reported revenues and expenses if a corporation elected to monitor purchases and sales using this method.
Both the overall cash method and the overall accrual method of accounting are generally acceptable for small businesses. A taxpayer can postpone revenue under the cash method (which is often simpler than the accrual method) until cash is received; but it cannot deduct expenses until the money has actually been paid.
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The unemployment problem in an economy may be understated by the unemployment rate due to.
The unemployment problem in an economy may be understated by the unemployment rate due to option(b)i.e, discouraged workers.
According to the OECD, unemployment refers to those over a particular age who are currently seeking employment but are not employed or self-employed. The unemployment rate, which is used to determine the degree of unemployment, is calculated using the number of unemployed people as a percentage of the labor force.
The unemployment rate is the proportion of the labor force that is employed that is unemployed (the labor force is the sum of the employed and unemployed). The unemployment rate is calculated as (Unemployed Labor Force) x 100.
Despite the fact that no single number can accurately capture all the nuances of the situation of the labor market, the unemployment rate is one of the most important economic indicators.
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The complete question is:
The unemployment problem in an economy may be understated by the unemployment rate due to
A- people lying about seeking a job.
B- discouraged workers.
C- job candidates with one offer but waiting for more.
D- over-employed workers.
E- none of the answers listed.
Assume for the united states that the opportunity cost of each airplane is 50 cars. which of these pairs of points could be on the united states' production possibilities frontier?
(200 airplanes, 12,500 cars) and (150 airplanes, 15,000 cars) could be on the united states' production possibilities frontier.
The graph known as the Production Possibilities Frontier (PPF) illustrates all the possible output combinations of two goods that can be created using the resources and technology currently in use. The PPF effectively expresses the ideas of choice, tradeoffs, and scarcity.
The resources are available and continue to be constant, according to the basic assumptions of the production possibility curve. The technology used in the manufacturing process doesn't change. The technology and resources are effectively and completely used.
The trade-off between producing one good versus another is gauged by the production possibilities curve.
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The accounting rules that dictate the form and content of external financial disclosures for publicly traded firms in the united states are:________
The accounting rules that dictate the form and content of external financial disclosures for publicly traded firms in the united states are GAAP.
GAAP (usually universal accounting standards) is a collection of normally accompanied accounting policies and requirements for economic reporting. The acronym is suggested gap. GAAP specifications include definitions of principles and principles, as well as industry-specific policies.
IFRS is utilized in greater than 110 international locations around the sector, which include European and plenty of Asian and South American international locations. GAAP, however, is only used in the USA groups that function in the U.S. and overseas can also have more complexities of their accounting.
GAAP, additionally called US GAAP, is an acronym for generally conventional Accounting principles. This set of guidelines is set by using the Financial Accounting Standards Board (FASB) and adhered to with the aid of most US businesses. IFRS stands for worldwide financial Reporting requirements.
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If fixed costs are $242,000, the unit selling price is $120, and the unit variable costs are $74, the break-even sales (units) is:_________
If fixed costs are $242,000, the unit selling price is $120, and the unit variable costs are $74, the break-even sales (units) is: 15,000 units.
Variable costs are costs that change as the quantity of the good or service that a business produces changes. Variable costs are the sum of marginal costs over all units produced. They can also be considered normal costs. Fixed costs and variable costs make up the two components of total cost.Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs.
Variable costs are generally considered short-term costs because they can be adjusted quickly. Variable costs are directly related to the cost of producing a good or service, whereas fixed costs do not change with the level of production. Variable costs are usually referred to as costs, and fixed costs are usually not included in costs. If factors such as sales commission are included in unit price, variable costs may be affected by changes in sales and production volume. Meanwhile, even if production slows considerably, fixed costs still have to be paid.
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Sdj, incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860. a. what is the current ratio?
Sdj, incorporated, has net working capital of $2,630, current liabilities of $5,970, and inventory of $3,860, then the current assets ratio will be 1.440 times.
Net working capital is termed as the difference between the current assets of a business as well as its current liabilities and it is calculated using a line of items from the balance sheet of the business.
Current liabilities are settled using current assets typically which are assets that are used up within the limit of one year and it includes accounts payable, short-term debt, dividends, and notes payable as well as owed income taxes.
Inventory refers to the list of all the items, goods, merchandise as well as materials held by a business to earn a profit for selling in the market.
Given a working capital value=$2630
The value of current liabilities=$5970
We can get the value of current assets, CA= Working capital + Current liabilities
=2630+5970
=8600
Therefore, current assets=8600$
The ratio of current assets=(Current Assets)/(Current Liabilities)
=8600/5970
=1.440
Therefore, the ratio of current assets will be 1.440 times.
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If+a+firm+has+ebit+of+$40,+a+tax+rate+of+35%,+free+cash+flows+of+$31,+a+change+in+capital+expenditures+of+$20,+and+a+change+in+net+working+capital+of+$5,+what+is+its+depreciation+expense?
If a firm has EBIT of $40, a tax rate of 35%, free cash flows of $31, a change in capital expenditures of $20, and a change in net working capital of $5, what is its depreciation expense?
EBIT, or profits before interest and taxes, is a metric used to assess a company's profitability. Revenue less expenses, without taxes and interest, is EBIT. Operating earnings, operating profit, and profit before interest and taxes are other names for EBIT.
Revenue minus COGS and operating costs equals EBIT.
Net income plus interest and taxes equals EBIT.
Operational profit and EBIT, a measure of an organization's operating profit, are frequently used interchangeably. EBIT focuses solely on a company's ability to generate earnings from operations, disregarding elements like tax burden and capital structure. EBIT is a particularly useful metric since it helps measure a company's ability to generate enough earnings to be successful, pay off debt, and fund ongoing operations.
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What is the principal reason that direct labor hours are no longer an effictive base for allocating indirect costs in many modern manufacturing companies?
Automation is the principal reason that direct labor hours are no longer an effective base for allocating indirect costs in many modern manufacturing companies.
Automation can benefit the manufacturing industry significantly through the following ways;
Reduced production time because machinery is able to operate more quickly and efficiently than human workers in many cases, it can help production move faster.
Enhances quality products. Industrial automation also helps increase and maintain consistent quality of the output unlike in the manual processes, where the error rate is high.
Industrial safety. Improved safety at the workplace is also a huge benefit of automation in the manufacturing industry.
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What measures the elapsed time from when inventory is recieved from suppliers to when cash is received from customers?
The operating cycle calculates the amount of time that has passed between receiving inventory from suppliers and receiving payment from customers.
What is Inventory?
Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.On the balance sheet of an organisation, it is categorised as a current asset.The three different categories of inventory are raw materials, finished commodities, and work-in-progress.The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.As items are produced or acquired as needed, inventory management enables organisations to reduce inventory expenditures.Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it turns over so quickly.To know more about Inventory visit:
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Approximately what percentage of a reduction in errors did international air transport association have when thier employees working in cargo management obtaned instant access to clear and consistent working instructions for key tasks, such as accepting cargo as ready for air carriage?.
34% of a reduction in errors did international air transport association have when their employees working in cargo management obtained instant access to clear and consistent working instructions.
Transporting shipments, emptying cargo, picking, sorting, and putting away are all included within the term "cargo administration," which portrays how these assignments are dealt with in calculated centres and distribution centers. Those who sort out, encourage, assist, and course the stream of approaching and leaving shipments cargo and cargo shipments in carriers and cargo organizations are known as cargo administration officers. The cargo administration officer makes past any question that shipments of items are kept and managed with in understanding with Standard Working Strategies (SOPs) and taking care of controls. All shipment printed fabric is prepared by the cargo organization officer, who besides handles stock control and housekeeping commitments. Shipments are sorted out in understanding with cargo plans, much obliged to the cargo administration officer.. Shipments are sorted out in understanding with cargo plans, much appreciated to the cargo management officer.
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Identify factors that encourage firms to collude indirectly in an oligopoly market.
In an oligopoly, no single company has significant market power. Therefore, no firm can raise its prices above what it would have in a perfectly competitive scenario. In an oligopoly, all firms must work together to raise prices and generate greater economic returns.
An oligopoly is a market structure with a small number of firms, neither of which can prevent the other from exercising greater influence. The concentration ratio measures the market share of large companies.
Collusion occurs when oligopolistic companies make joint decisions and act as if they were a single company. Collusion requires explicit or implicit agreements between cooperating firms to limit production and achieve monopoly prices.
An oligopoly can use predatory pricing to drive competitors out of the market. This means keeping prices artificially low, often below the overall cost of production. A price cap strategy can also be used to discourage new entrants. This is also called the entry price.
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Melissa recently started a new job. her days consist of operating machinery, lifting heavy objects, and doing a lot of measuring. which career has melissa most likely started? construction worker interior designer architect surveyor
Melissa recently started a replacement job. her days contains operating machinery, lifting heavy objects, and doing plenty of measuring.the career Melissa has presumably started--- construction worker job.
What does a hard hat do?
A hard hat typically cleans and organize construction sites by eliminating debris or possible hazards. and that they're load building materials for the use in a project and build scaffolds that will be taken apart later when a project is completed.
What makes an honest Construction Worker?
A good Construction Worker must manage and perform multiple tasks at construction sites that requires extensive physical labor such as lifting, climbing and operating hand tools.
What is construction worker?
The term hard hat could be used to cover a large number of roles within the industry, but typically it points to a someone who performs a spread of general construction tasks during all time of a construction project.
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Why have several research studies failed to find strong evidence of the usefulness of the information content of reserve recognition accounting (rra)? explain.
The relevance of RRA information is low have several research studies failed to find strong evidence of the usefulness of the information content of reserve recognition accounting (rra).
What is Information Content?
Information content, self information, unexpected information or Shannon information is the basic quantity obtained from the chance of a particular event occurring from a random variable in 'information theory'. It can be thought of as another way of expressing probability, similar to odds or log odds, but with specific mathematical advantages in the context of information theory. Shannon's information can be thought of as quantifying how "surprise" a particular outcome is. Because it is such a fundamental quantity, it appears in many other contexts, such as the length of a message required to broadcast the event with the optimal source code of the random variable.To learn more about Information Content, refer: https://brainly.com/question/1320828?referrer=searchResults
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Consumers who use yelp reviews to measure the tradeoff between quality and price of different restaurants are using what type of consumer decision rule?.
Consumers who use yelp reviews to measure the tradeoff between quality and price of different restaurants are using a compensatory type of consumer decision rule.
One way to measure such tradeoffs is to ask respondents for attractiveness ratings of stimuli consumer consisting of pairs of attributes, e.g., a reduction of 1/100,000 within the annual risk of death for $100.
Depicts the relationships between system life-cycle cost and also the system's performance requirements, design parameters, and delivery schedules. Economics is all consumer about tradeoffs. It also tells you the way much of a difference there's between the features and criteria that may drive a sale decision.
Economics is all about tradeoffs. It also tells you the way much of a difference there's between the features and criteria that may drive a sale decision. One way to measure such consumer tradeoffs is to ask respondents for attractiveness ratings of stimuli consisting of pairs of attributes, e.g., a reduction of 1/100,000 within the annual risk of death for $100.
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A pharmaceutical company has asked you to design a compound to inhibit lipid transportation in the cytosol. The specific location of activity and other effects it might have are?.
A pharmaceutical company has asked one to design a compound to inhibit lipid transportation in the cytosol. The specific location of activity and other effects it might have are:
"The activity of the substance would have to occur between the cell membrane and the exterior layers of the organelles; it may also slow down regular ER processes and vesicle-aided protein transport."
What is Lipid Transportation?Lipolytic byproducts and micellarized lipid are transported across the brush-border membrane by vectorial distribution through the apical cytoplasmic segment to the endoplasmic reticulum (ER).
What are Organelles?Organelles are defined as specialized structures within cells that conduct a variety of functions. The name literally translates to "little organs."
It is to be noted as well that Organelles provide specialized functions to keep a cell alive in the same way that organs such as the heart, liver, stomach, and kidneys serve specific roles to keep an organism alive.
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Discuss the three categories of start up capital
There are three startup stages: early-stage, venture-funded (growth) stage and late stage. moving from early-level to venture-funded (increase) level is well delineated, however different phases are only loosely described.
Startup capital is the money raised through an entrepreneur to underwrite the expenses of a assignment till it begins to turn a earnings. venture capitalists, angel investors, and conventional banks are a number of the assets of startup capital. An ordinary startup journey has three tiers — ideation, increase, and expansion. At every level, startups tend to perform a extensive variety of activities that help them develop. every successful startup pursuits to minimise the time taken to advance from one degree to the opposite. raising begin-up capital is an crucial part of developing your own business as an entrepreneur. When you are dedicated to the idea of your agency you will need investment to get started. This investment is referred to as startup capital. Startup capital is the gasoline that feed the hearth and every enterprise needs capital. so that you can rent space, buy system, increase new merchandise, and market or sell your carrier, you may want some shape of capital. Startup capital gives you a way to launch your commercial enterprise and provide for those prices until you begin bringing in sales.
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Profitability ratios are distorted by inflation because profits are stated in current dollars, while assets and equity are stated in historical dollars. True or false?.
Because profits are expressed in current dollars while assets and equity are expressed in historical dollars, profitability ratios are distorted by inflation. The assertion is accurate.
Profitability ratios are a class of financial metrics that are used to assess a company's ability to generate profits in relation to its revenue, operating costs, balance sheet assets, or shareholders' equity over time using data from a specific point in time.
The profitability ratio evaluates how consistently an organization can turn a profit in relation to its revenue, operating costs, and shareholder equity. The ratio should be as high as it can be because it shows how well-equipped the business is to consistently produce profits.
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The most widely used source of short-term funding is:_________
a. factoring.
b. commercial banks.
c. family and friends.
d. trade credit.
The most widely used source of short-term funding is trade credit.
Short-time period financing way taking out a loan to make a buy, normally with a loan term of much less than three hundred and sixty five days. there are many exclusive forms of brief-term financing, the maximum common of which can be “buy Now, Pay Later,” “Unsecured personal Loans,” and “Payday Loans.”
The firm relies on alternate credit, bank or authorities financing, and borrowing within the wholesale money markets via manner of commercial paper or LIBOR- primarily based loans (worldwide).
The assets of short time period finance are: trade credit, coins increase mortgage and quick time period borrowings.
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Is a management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
Planning is a management function that includes anticipating trends and determining the best tactics and strategies for achieving organizational goals and objectives.
Planning is a very important management function that is carried out by the management. Planning includes analyzing the trends that are going on in the market. Then the management needs to develop tactics and strategies. These strategies and tactics that are so developed will help the organization to meet its goals and objectives.
Planning can be divided into three types and all these are carried out by the management. The first type of planning done by top-level management is long-term planning. The second level of panning is middle-level management is short-term planning. The day-to-day planning is done by the functional managers.
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When the price of a product is increased 10 percent, the quantity demanded decreases 15 percent. in this range of prices, demand for this product is:_________
The quantity required declines by 15% when a product's price is raised by 10%. in this range of prices, demand for this product is: unrelated.
Here it is: a- Elasticity is the ratio of the change in quantity required to the change in price.
-15/10 = -1.5
B. The items are unrelated to one another if there is no change in quantity of one commodity as a result of a change in price of another.
What distinguishes percent from percentage?
The latin word "percent" is Per Centum. Centum is a Latin term that signifies 100, hence a century is equal to 100 years. According to my dictionary, a percentage is the outcome of multiplying a number by a percentage. Therefore, 5 apples make up 10% of 50 apples, with 5 apples constituting the percentage. However, both terms are frequently used in the same manner.
The Latin word per centum, which means "hundred" or "by the hundred," is where the word "percent" originates. The Italian word per cento, which means "for a hundred," gradually shrank to become the symbol for "percent." Per was frequently shortened to "p" and finally vanished completely. Two circles and a horizontal line made up the "cento," which is where the present "%" sign is from.
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What is the future value of $2,500 per year for 15 years at an interest rate of 6.63 percent?
The future value is important to investors and financial planners because they use it to estimate how much an investment made now will be worth in the future.
Present Value (PV): = $2,500
Interest Rate = 6.63%
Interest Period = 15
Future Value = 927.31
FV=PV(1+i)n
FV=PVert
Investment: The sum invested.
Interest rates: The rate at which investments are returned.
Years: The length of time, in years.
What Is Future Value (FV)?
Future value is the value of a current asset at some time in the future based on an anticipated rate of growth (FV). Knowing the future worth enables investors to choose wisely based on their anticipated needs. However, external economic factors that reduce an asset's value, such inflation, could harm the asset's potential value in the future.
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You have an investment that will pay you 2.46 percent per month. how much will you have per dollar invested in one year?
Your investment will yield a monthly return of 2.46 percent. In a year, your investment will be $1.02 per dollar.
Future value is the value of a present asset at some time in the future based on an anticipated rate of growth (FV). The future value is important to investors and financial planners because they use it to estimate how much an investment made now will be worth in the future.
According to the concept of present value, money is worth more now than it will be later. In other words, money earned now is worth less than money earned tomorrow for the same amount. A $1,000 present given today is more valuable than one given in five years.
FV = PV × [tex](1 + r)^N[/tex]
PV = 1
r = 2.46%
N = 1.00
FV = 1 × [tex](1 + 0.0246)^1[/tex]
FV = 1.02
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Why is management vitally interested in apprentice and journeyman electrical worker training?
Management is very interested in the training of apprentice and journeyman electrical workers because unqualified labor makes contractor bids less competitive, project labor costs rise with unqualified labor, supervision is less effective with unqualified labor, and unqualified labor is a burden for the contractor.
Effective management of an apprentice is essential to fostering their growth and development into a permanent team members. This manual will help you navigate the apprenticeship path and get the most out of your apprentice as they learn and improve, from mentoring strategies to set appropriate goals. Every apprentice needs a workplace mentor to help and support them while they complete their training. A line manager or workplace mentor is typically someone who can oversee your apprentice, assign responsibilities, exchange knowledge, and offer daily guidance.As part of a professional development program, giving team members the chance to mentor an apprentice can be a great method to help them refine their leadership abilities and gain management experience.Our apprentices at Baltic Apprenticeships will also receive one-on-one coaching. This team member will assist your apprentice throughout their training by giving training sessions, keeping track of their progress, and offering individualized one-on-one assistance.Know more about management:
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A replacement computer will cost you $3,500, but save you $750 each year because of the faster processor. what is the payback period of the computer?
A replacement computer will cost you $3,500.00, but save you $750.00 each year because of the faster processor. What is the payback period of the computer: 4.67.
How do we determine the payback period?In simple terms, the payback period is calculated by dividing the cost of the investment by the annual cash flow until the cumulative cash flow becomes positive, indicating the payback year. It is the number of years required to recoup a project's initial investment. To begin, put the initial investment into a cell (e.g., A3). Then, enter the annual cash flow into another spreadsheet (e.g., A4). Enter the following formula in an empty cell to calculate the payback period: "=A3/A4" because the payback period is calculated by dividing the initial investment by the annual cash inflow. The payback period disregards the time value of money and is determined by counting the number of years it takes to recover the funds invested. The payback period is five years, for example, if it takes five years to recover the cost of an investment. This period does not take into account what happens after payback.To learn more about payback period refer to:
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The+cost+of+a+product+is+$5,+and+the+carrying+cost+rate+is+20%;+the+cost+of+processing+an+order+is+$45+and+the+annual+demand+is+1000.+what+is+the+economic+order+quantity+(eoq)?
The cost of a product is $5, the carrying cost rate is 20%, the yearly demand is 1000, the cost of processing an order is $45 and the economic order quantity is 300. (EOQ)
In order to reduce inventory costs like holding costs, shortfall charges, and order costs, a corporation should purchase the economic order quantity (EOQ), which is the ideal order quantity. Ford W. Harris created this production-scheduling model in 1913, and it has undergone numerous revisions since then. Demand, ordering, and holding costs are all taken into account in the formula as constants.
Given
Annual demand D = 1000
Ordering cost S = $45
Cost C = $5
Holding cost H = 20% = 0.2*5 = $1
EOQ=[tex]\sqrt{\frac{2DS}{H}}[/tex]
EOQ=[tex]\sqrt{\frac{2*1000*45}{1}}[/tex]
EOQ = 300
Finding the ideal quantity of a product to order is the aim of the EOQ formula. A corporation can reduce its expenses for purchasing, transporting, and storing units if this is accomplished. Businesses with extensive supply chains and significant variable costs utilize an algorithm in their computer software to generate EOQ, and the economic order quantity formula can be adjusted to determine various production levels or order intervals.
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If you construct a portfolio with a standard deviation of 32%, what is its expected rate of return? (do not round your intermediate calculations. round your answer to 1 decimal place.)
The expected rate of return of the portfolio is 20.7%
A portfolio is a collection of financial investments such as stocks, bonds, commodities, cash, and cash equivalents, including fixed capital. cash and swap funds.
Given in question
Return of A = 9%
Standard Deviation of A = 0%
Return of B = 24%
Standard Deviation of B = 32%
The Portfolio Standard deviation is given as 25%
Please note that the standard deviation of a risk-free asset is 0
Lets assume the portfolio invests WA in A and WB in B
Portfolio Standard deviation can be calculated as follows
Portfolio Standard deviation = Square root of Portfolio Variance
Portfolio Variance can be calculated as follows
Portfolio variance-v2A.σ2(RA) + w2gσ2(RB) + 2(wa)(WB)Cov(RA, RB)
Covariance between a risky and a risk-free asset is 0
So
(25%)^2 = WA^2 * 0 + WB^2 * (32%)^2 + 2 * WA * WB * 0
(25%)^2 = WB^2 * (32%)^2
WB = 78.13%
So WA = 1-WB = 1-78.13% = 21.88%
So Portfolio Return can be calculated as follows
Portfolio Return = WA * 9% + WB * 24%
Portfolio Return = 21.88% * 9% + 78.13% * 24% = 20.7%
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Tara doesn’t get paid at the end of each month but most of her bills are due during the third and fourth weeks of the month. What term best describes her problem?.
Tara doesn’t get paid at the end of each month but most of her bills are due during the third and fourth weeks of the month. The term that best describes her problem is cash flow.
We can describe cash flow as the increase or decrease of money for a particular person or business during certain stages. Cash flow refers to the inflow or outflow of money in the same business at different times.
In the above scenario, we observe that Tara does not have enough cash flow when her monthly bills are due because she doesn't get paid by the end of each month. She might have an increase in cash flow during certain days of the month and faces a decrease in the cash flow during other days of the month.
Although a part of your question is missing, you might be referring to this question:
Tara doesn’t get paid at the end of each month but most of her bills are due during the third and fourth weeks of the month. What term best describes her problem?
cash flow
opportunity cost
bankruptcy
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When a customized product is manufactured separately, it is referred to as ____ production:
Each customized product are manufactured separately and it's production is termed as job order production, or job order manufacturing.
What are the characteristics of job order production?
Flow of fabric and it's parts form one location to another is intermittent or discontinuous. Mechanization and division of labor isn't economical. quantity. Product design takes lots of time.
What is job order costing process?
Job order costing could be a system that takes place when customers order small, unique batches of products. The technique determines the price of every individual product and ensures them that the cost for each product is reasonable enough for a customer to buy it while still allowing the company to increase it's profit.
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If a firm can sell its product for more than its fixed costs, but not for more than its totals costs:________
If a firm can sell its product for more than its fixed costs, but not for more than its totals costs, it will increase its production quantity.
A firm can be a company which include a patron goods save that offers a physical product. it may additionally describe provider vendors inclusive of barbers. even though the word firm can talk over with any for-income enterprise, we use it more often to explain entities mainly industries along with law and accounting.
Examples of firm are a sole proprietorship, partnership, confined liability business enterprise, or organization. The time period is slightly more commonly associated with a partnership. Given the vast reach of this term, it can't be used to specify the felony protections afforded by means of a certain type of criminal corporation.
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Why is studying auditing different from studying other accounting topics? how might understanding auditing concepts prove useful for consultants, business managers, and other business decision makers?
Compared to other accounting courses, the auditing study is more conceptual in character. Auditing places more emphasis on learning a framework of analytical and logical skills to evaluate the relevance and reliability of the systems and processes responsible for financial information than it does on learning the rules, techniques, and computations necessary to prepare financial statements. In order to succeed, students must first master the framework before learning how to apply auditing principles to numerous scenarios and situations using reason and common sense.
By offering a framework for assessing the usefulness and dependability of information—an critical task in many various contexts—understanding auditing helps enhance the decision-making skills of consultants, company managers, and accountants.
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After zappos. Com identified the needs of its target customer segment, what two marketing actions did the company take to fulfill the needs of its target customer?.
After zappos.com identified the needs of its target customer segment, the two marketing actions the company required to fulfill the needs of its target customer are it offered a huge inventory of shoes and it offered quick deliveries, and free returns.
The term "target customer" (also known as "target consumer") refers to a person or a group of people to whom a business aims to sell its goods or services. Because they are the people who are most likely to purchase their products, businesses will prioritize resources to provide goods and services that are most suited for their target client.
A marketing strategy is a strategic plan for attaining a company's objectives through an understanding of client needs and the development of an identifiable, long-lasting competitive advantage. Everything is discussed, including choosing the methods to utilize to contact your customers and figuring out who they are.
Huge inventory levels in your warehouses typically indicate that your business is having trouble managing its stock and generating the right kind of sales.
To learn more about the target customer
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