Store sales direct is designed for brick-and-mortar retailers that collect shopper purchase data in a customer relationship management system A customer (also known as a client, buyer, or purchaser).
customer is the recipient of an item, service, product, or idea gained from a seller, vendor, or supplier through a financial transaction or exchange for money or another valuable consideration. Early communities relied on a favor-based gift economy. Later, when commerce grew, fewer lasting human relationships were created, based on temporary wants rather than long-term social goals. Customers are those who buy products and services, whereas clients are those who receive specialized advise and answers. [3] Although such differences have little modern semantic weight, agencies such as legal companies, film studios, and health care providers choose client, whereas grocery shops, banks, and other financial institutions prefer customer.
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For which of the following businesses would the job order cost system be appropriate?a. Meat Processorb. Automobile manufacturerc. Oil refineryd. Construction contractor.
Construction contractor businesses is the job order cost system be appropriate.
'What are job order cost system?'
The cost of manufacturing each product is calculated using the job order technique of pricing. This costing method is typically used when the producer has to determine the cost for performing a specific task while producing a number of items that differ from one another. Direct labor, direct supplies, and manufacturing overhead are all included in the task costing process.
The profitability of a job can be ascertained via job order costing. It aids the business in estimating the cost of the materials, labor, and overhead that will be incurred when carrying out that specific job.
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On January 1, 2022. Crane Corporation had the following stockholders equity accounts. Common Stock (no par value. 91,000 shar
Stockholders’ Equity:
The amount of assets that are left available to shareholders after all liabilities are paid off is known as the stockholder’s equity of the company.
Partial Balance Sheet as at Mar 31
Amount ($)
Stockholders' Equity
Paid in capital
Capital stock:
Common Stock (91000 shares) 1385000
Retained earning (546000-91000) 455000
Total stockholders' equity 1840000
Partial Balance Sheet as at June 30
Amount ($)
Stockholders Equity
Paid in capital
Capital stock:
Common stock (273000 shares) 1385000
Retained earnings 455000
Total stockholders' equity 1840000
Partial Balance Sheet as at Sept 30
Amount ($)
Stockholders Equity
Paid in capital
Capital stock:
Common Stock (289380 shares) 1385000
Retained earnings (566000-16380 stock dividend) 438620
Total stockholders' equity 1823620
Partial Balance Sheet as at Dec 31
Amount ($)
Stockholders' equity
Paid in capital
Capital stock:
Common Stock (289380 shares) 1385000
Retained earnings 294120
Total stockholders' equity 1679120
All the required partial balance sheets are prepared in steps of the solution.
Full Question ;
On January 1, 2022. Crane Corporation had the following stockholders' equity accounts.
Common Stock (no par value, 91.000
shares issued and outstanding) $1.385.000
Retained Earnings 546,000
During the year, the following transactions occurred
Feb. 1 ; Declared a $1 cash dividend per share to stockholders of record on February 15, payable
March 1 ; Paid the dividend declared in February
Apr. 1; Announced a 3-for-1 stock split. Prior to the split, the market price per share was $37.
July 1 ; Declared a 60% stock dividend to stockholders of record on July 15, distributable July 31. On July Le market price of the stock was $10 per share
31 ; Issued the shares for the stock dividend
Dec. 1; Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2023
31;Determined that net income for the year was $31,000
dr. sutton-smith is conducting research in kenya into the in order to increase typing speed, minisoft inc. has redesigned its keyboard and provided a chime that is related to typing speed. the company wants to know if its innovations affect typing speed. what are the independent and dependent variables in this proposed study?ays that mothers and their toddlers interact throughout the day. given the purpose of her study, it is most likely that she is engaged in .
The independent and dependent variables in this proposed study is that the mothers and their toddlers interact throughout day.
What is a dependent variable?The dependent variable in an experiment is the one being researched or put to the test. The dependent variable in a study looking at how tutoring influences test scores would be the participants' test results since that is what is being measured. This is different from the independent variable in an experiment, which is a variable that may stand alone. The independent variable (tutoring) could change as a result of other variables, in contrast to the dependent variable (test outcomes). To help you identify the dependent variable, keep in mind that it depends on the independent variable. Researchers first measure those changes before determining if the dependent variable has changed as a result of changing the independent variable.
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according to the resource-based view, the collective store of useful experience, wisdom, and knowledge possessed by an organization's people is referred to as
According to the resource-based view, the collective store of useful experience, wisdom, and knowledge possessed by an organization's people is referred to as history.
The systematic study and documentation of human action is known as history. Prehistory refers to the period of time preceding the invention of writing systems.
The term "history" refers to historical events as well as their recall, discovery, gathering, organization, presentation, and interpretation.
Historians use historical sources such as written documents, oral accounts, art and material relics, and ecological indicators to learn about the past. History is not complete, and there are still unsolved riddles.
History is another academic subject that employs narrative to describe, evaluate, question, and analyze historical events, as well as to investigate their patterns of cause and effect.
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Regardless of whether bonds are issued at face amount, a discount, or a premium, their carrying value is equal to face amount is the _ date.
The book value is the face value of the bond on its maturity date, whether the bond was issued at par, at a discount or at a premium.
In finance, a bond is a financial instrument in which the issuer owes the holder an obligation and must repay the principal of the bond and interest over a period of time on maturity.
The book value of a bond represents the face value of the bond plus the unamortized premium plus the unamortized discount, while the maturity value represents the amount paid to investors at the end of the holding period of the debt security. When the terms premium and discount are used with respect to bonds, they indicate to investors whether the purchase price of the bond is above or below par.
For example, a bond with a face value of $1,000 will be sold at a premium if it can be purchased for $1,000 or more, and sold at a discount if it can be purchased for less than $1,000.
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To address inconsistencies and weaknesses, a comprehensive revenue recognition model was developed entitled theA) Revenue Recognition Principle.B) Principle-based Revenue Accounting.C) Rules-based Revenue Accounting.D) Revenue from Contracts with Customers.
A thorough revenue recognition model known as the Revenue from Contracts with Customers was designed to overcome shortcomings and inconsistencies. Therefore, D) Revenue from Contracts with Customers is the right answer.
The accrual accounting concept of revenue recognition states that rather than when cash is received, revenues must be recognised when they are generated and realised.
Revenue recognition is a type of generally accepted accounting principle (GAAP) that outlines the specific conditions for when and how to record revenue. Revenue is often realised when an important event happens, and the firm can easily measure the financial amount. Revenue is the cornerstone of every corporate performance. The cornerstone is the sale. Regulators are aware of how enticing it may be for companies to stray from what is considered to be income, particularly when not full payment is made until the job is complete.
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what is the appropriate date to identify the statement of financial position of a calendar-year client for the year 20xx?
Option (A) as of the end of 2017 The statements of financial situation is provided at a particular date (a summary as of that date), typically at the conclusion of the fiscal year .
What function does financial position serve?A financial report is frequently used to evaluate a company's condition in terms of possible risk and financial stability. A typical statement will usually include a summary of a company's assets, liabilities, and equity (such as loans, VAT, and Corporation Tax) .
What is the structure of financial positions?The combination of debt - equity that such a company utilizes to finance company operations is referred to as financial structure. The capital structure is another name for it.
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The Complete Question :
What is the most appropriate date to identify the statement of financial position of a calendar-year client for the year 2017?
A) As of December 31, 2017.
B) At January 1, 2018.
C) For the period January 1 to December 31, 2017.
D) For the period ending December 31, 2017.
on september 1, year 1, phillips, inc. issued common stock in exchange for 20% of sago, inc.'s outstanding common stock. on july 1, year 3, phillips issued common stock for an additional 75% of sago's outstanding common stock. sago continues in existence as phillips' subsidiary. how much of sago's year 3 net income should be reported as accruing to phillips?
Since Phillip issued the additional common stock on July 1, year 3, 20% of Sago's year 3 net income up to June 30 and 95% of Sago's net income from July 1 to December 31 should be reported as accruing to phillips.
Philip's action to issue common stock in exchange for Sago's outstanding common stock is a form of acquisition. Acquisition is a business transaction where a company purchases another company's share in exchange of the control over the acquired company. When a company has more than 50% of a target company's assets, the acquirer has the right to make decisions about the acquired company.
In acquisition, there is a rule stated that the net income of the newly acquired company will only be included in the consolidation net income started from the date of the acquisition.
Hence, since September 1, year 1, 20% of Sago's net income is inlcuded in the consolidated net income until June 30, year 3, when Philip increase its ownership proportion over Sago on July 1, year 3. Since July 1, year 3, 95% of Sago's net income should be included in Philip's consolidated net income.
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which of the following statements concerning ethics is accurate? question 12 options: a) ethical behavior is important to investors, creditors, and other stakeholders. b) ethics is an obstacle to financial reporting. c) ethics is separate from the generally accepted accounting principles (gaap). d) ethical behavior has a negative impact on financial results.
When making decisions, especially those involving accounting, ethics should always be kept in mind because it sometimes requires making tough decisions under pressure. important for deciding on credit and investments.
What is the simple definition of ethics?Ethics examines the rationales behind our moral judgments in order to determine what is morally right or wrong, just or unjust. More broadly, ethics takes into account a person's freedom, responsibility, and sense of justice as well as how they interact with others and the natural world.
Why is morality significant?In order to speak the truth, maintain our word, or assist a stranger in need, we must follow ethical principles. Our everyday actions are guided by an ethical framework that assists us in making decisions with beneficial outcomes.
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Use the green line (triangle symbol) to show the supply curve in this market before the budget deficit. Then use the purple line (diamond symbol) to show the supply curve after the budget deficit. Market for Foreign-Currency Exchange Initial Supply Supply with Deficit -20 -15 -10 -5 0 5 10 15 20 10 8 6 4 2 0 REAL EXCHANGE RATE QUANTITY OF DOLLARS (Billions) Demand
The scenario where spending exceeds revenue is referred to as a budgetary deficit.
What is budget deficit?When spending exceeds income, this is referred to as having a budgetary deficit. This has a lot of applications for people and businesses even if it is primarily utilised for governments.
When a government spends more in a fiscal year than it brings in through taxes and other sources of revenue, such as spending, there is a budget deficit.
When costs outweigh income, a budget deficit results. Budget shortfalls may be brought on by specific unforeseen circumstances and measures.
The supply curve is a visual representation of the relationship between the price of a good and the amount that a seller is willing and able to supply in economics. The horizontal axis of the graph represents amount supplied, while the vertical axis represents product price.
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MaryAnn and Nana conduct interviews to better understand what their customers want to see on the menu. Interviews will provide MaryAnn and Nana with what type of data?
MaryAnn and Nana conduct interviews to better understand what their customers want to see on the menu. Interviews will provide MaryAnn and Nana with qualitative and primary data.
Both primary and secondary data might be quantitative (numerical) or qualitative (verbal). Quantitative research is frequently based on a large sample of respondents and is expressed numerically in the form of averages, percentages, or statistics.
The advantage of quantitative research is its precision in delivering a particular answer, such as the number of pizzas sold in March or the percentage of people who say they plan to buy a product in the next three months. We divide data into two categories: source and type.
The source of the information is referred to. The key distinction here is between primary data, which is collected particularly to direct the present campaign, and secondary data, which already exists in some form.
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Companies generally decide to expand globally to increase theirMultiple ChoiceO cultural competence.O diversity.O economic value creation.O reputational risk.O focus on the home market.
Typically, businesses aim to go global in order to become more culturally adept.
What does cultural competency entail?Cultural competence is the ability to recognize how your own values and cultural beliefs may contrast from those of others. To do this, you must be able to recognize and educate yourself about the varied cultural traditions of the people you work with.For instance, instructors who embrace diversity and are culturally competent understand and appreciate other histories, cultures, languages, customs, and parenting practices. esteem the variety of abilities and talents that youngsters possess. respect differences in how families conduct their home lives.When looking to develop, incorporating, and trying to assess health education and incentive schemes and interventions, cultural competence refers to the ability to recognize and acknowledge the values, mindsets, beliefs, and conventions that differ across cultures. It also refers to the ability to take the above variations into account and respond appropriately.To learn more about cultural competence refers to:
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ron landscaping's income statement reports net income of $73,700, which includes deductions for interest expense of $10,700 and income taxes of $33,300. its times interest earned is:
Ron Landscaping's Income
Net Income: $73,700Deductios for interest expense: $10,700Income Taxes: $33,300Times interest earned:
= (Net Income + Deductions for interest expense + Income taxes) ÷ Deductions of interest expense
= ($73,700 + $10,700 + $33,300) ÷ $10,700
= 11 times
Income can be defined as a value or money that an individual or business entity receives in exchange for providing a good or service or through investing capital. The Haig-Simons model of income is often used in economics, which considers the following income: salary, wages, business profits, commissions, tips, interest from securities and bank accounts, and rental income; gifts of inheritances; transfer payments; income in kind (e.g. the value of free parking providing by an employer); the net increase in the real value of a person’s assets.
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a project is in the execution phase. due to the demand for a quick turnaround time, the project manager needs to rapidly assign resources to build the team and meet project requirements. which action should the project manager take next?
What can the project manager do if a stakeholder rejects project deliverables without doing the agreed-upon acceptance testing?
What are examples and demand?Demand is just a key factor driving the market to buy products and services immediately and to pay the costs associated with them. The quantity of goods that consumers want prepared and ready to buy at varying prices within a particular time frame is referred to as demand.
An demand simple definition is what?Demand: What Is It? Demand in economics refers to a consumer's readiness to pay a particular price for goods and services as well as their desire to buy them. Demand for a good of service typically declines when its price goes up.
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The project manager should then take the action of adding the lessons learnt to the organization's knowledge base.
What exactly will a project manager do every day?The development's planning, acquisitions, operation, and end are all under the purview of the project manager. The governance of the entire project, including the planning phase, the team members, and indeed the resources given to it, governs every part of it.
Why do project managers leave their positions?Project managers commonly leave their jobs, as according Ms. Callaghan, because they are dissatisfied with their professional progress. However, project managers must consider other shows the important. Managerial qualifications often include a bachelor's a bachelor of science in business or computer sciences, as well as practical training in a similar work area with growing seniority.
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what are some of the benefits of cross-training workers, a personnel management method often used in a lean organization? (select all the reasons that apply.) multiple select question. adds flexibility when a co-worker is absent helps with system bottlenecks for line balancing purposes makes workers get along better increases bonus incentive opportunities
The correct options for the benefits of cross-training workers are: - Helps with system bottlenecks for line balancing purposes, - Adds flexibility when a co-worker is absent
Lean management is a management strategy that promotes the concept of continuous improvement, a long-term approach to work that deliberately aims to achieve incremental changes in operations to increase efficiency and quality.
Cross training is the process of teaching a person to be proficient in many, typically related, skills, responsibilities, or jobs. By cross-training, your employees will be able to work more cooperatively and understand each other's roles better.
The benefits of cross-training are:
Cross training allows the employees to learn a new skill and broaden their résumé.Increasing flexibility as the employees can work in different task in the event of staff shortages, increased work load, or sick absent.Managers can use cross training to determine whether employees have a natural aptitude for certain tasks inside the organization and develop their abilities in order to hire internally when somebody leaves.Hence, the correct options are:
- Helps with system bottlenecks for line balancing purposes
- Adds flexibility when a co-worker is absent
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if a firm produces 10 units of output and incurs $35 in average total cost, and $5 in average fixed cost, average variable cost is:
If a firm produces 10 units of output and incurs $35 in average variable cost and $5 in average fixed cost the average cost is $40.
The variable expense per unit is the typical variable expense. By partitioning the whole factor cost by the result, the typical variable expense is determined.
The average variable cost is utilized by organizations to choose when to stop transient assembling. The organization will keep on delivering in the event that it gets a great value that is more than the normal variable expense and pays the decent expenses.
In an alternate situation, the organization would quit creating on the off chance that the cost it got was not exactly the normal variable expense since covering the two its fixed and variable costs would not be able.
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suppose a small business has sales of $13,000 this month, with future sales expected to grow by $1,700 each month. costs consist of a fixed component, which is $5,200 per month, and a variable component, which is 40 percent of sales. design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period.
An expense for the firm that varies according on how much is produced or sold is called a variable cost.
What is gross profit?The sale value of your goods less the cost of manufacturing it is your gross profit. It's the selling price of a service less the cost of the time it took to complete the task for a service-based firm. Total sales (sometimes referred to as revenue or turnover) less the total cost of sales is another term for gross profit.
While gross profit is really the amount of money left over after deducting the cost of items sold from revenue, net profit shows how much money is left over after paying all allowed company expenditures. To get at net profit, you must first compute gross profit.
Gross profit is just a measure used to assess a company's efficiency in producing .
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what is the purchases journal? what kind of transactions go in this journal? what is one example of a transaction that would go in this journal,
A wide range of buys made on credit are kept in the buys diary, including office supplies, administrations, and products procured for resale.
Any transaction went into the buys diary includes a credit to the records payable record and a charge to the cost or resource record to which a buy relates. For instance, the charge connecting with an acquisition of office supplies would be to the provisions business ledger. The diary likewise incorporates the recordation date, the name of the provider being paid, a source report reference, and the receipt number. Discretionary augmentations to this essential arrangement of data are the installment due date and approving buy request number.
Occasionally, and no later than the finish of each revealing period, the data in the buys diary is summed up and presented on the overall record. This implies that the buys expressed in the overall record are just at the most amassed level. On the off chance that an individual was investigating the subtleties of a buy, it would be important to return to the buys diary to find a reference to the source record.
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which of the following statements is true? group of answer choices a, b, and c employers are not concerned with determining a potential employee's productivity because they realize that they cannot accurately determine it beforehand. employers are not concerned with determining a potential employee's productivity because they know that they can train the employee after he's hired. employers are concerned with determining a potential employee's productivity due to the high costs of training new employees. employers are not concerned with determining a potential employee's productivity because they know that with experience the employee's output will increase.
Due to the high expenditures associated with training new employees, employers are concerned about determining a potential employee's productivity. The answer is option (d).
How does training improve employee productivity?Employees receive training to help them operate more productively and effectively. By receiving training, they may operate more efficiently and accomplish tasks in less time. Work completed by then will also be accurate. By lowering the number of employees or assigning more work to productive employees, a corporation can increase revenues when its people are more productive.
Less labor is needed to create the same amount of goods when employees become more efficient. The business could decide to employ fewer people in order to create the same amount of production, but if it decides to keep the same level of labor, it will gain from a rise in output.
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Rest of the option is
D). Employers are concerned with determining a potential employee's productivity due to the high costs of training new employees.
A nation's gross domestic product (GDP): A. can be found by summing C + I + G + M B. is the dollar value of the total output produced by its citizens, regardless of what country they are living in. C. can be found by summing C + S + G + Xn D. is always some amount less than C + I + G + Xn F. can be found by summing C + I + G + Xn
A nation's gross domestic product can be found by summing C + I + G + M
What exactly does gross domestic product mean?
GDP calculates the monetary value of the final goods and services. Those purchased by the consumer, produced in a nation during a specific time period say a quarter or a year. It accounts for all the output produced inside a nation's boundaries.
What are the GDP's five key characteristics?
A nation's level of consumption, investment, government spending on goods and services, and the profit margin between exports and imports can all be included in an equation to represent GDP.
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the most significant trends in today's dynamic workplace include global competition, team-based projects, flattened management hierarchies, new communication technologies, and . a. stricter dress codes b. more homogeneous workforces c. expectations of around-the-clock availability d. fewer written messages
Some of the most important trends in today's dynamic work environment include global competition, team-based projects, flattened management hierarchies, new communication technologies, and a more homogeneous workforce.
Candidates and groups are requested to add a brief, particular, and documented description in their enterprise concept for the primary level of the opposition, that's treated on line the use of a template (on line submission form) this is to be had at the opposition website.
The primary additives of every first-level idea can be made to be had to the general public at the platform in order that ability companions and buyers can engage with them. Each idea can be evaluated on its originality, viability, and completeness in addition to its relevance to the PROMETHEUS project's desires and the wishes of the management network as expressed at the platform with the intention to decide if it advances to the second one level.
A particular marketing strategy that could bring about the improvement of a enterprise and is enough for feasible financiers can be assembled and submitted via way of means of the proposals that enhance to the second one level the use of a template as a way to be provided.
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you are in the process of analyzing stakeholder requirements to document project scope, milestones, and deliverables for your project charter. which activity should you perform?
Determine what requirements and deliverables are not part of the project. it is important to document any boundaries or requirements that are outside the scope of the project.
What are the Stakeholder requirements?Stakeholder requirements, also known as user needs or requirements, outline what users do with the system, including the tasks they must be able to do. Typically, narrative prose, use cases, scenarios, user stories, or event-response tables are used to record user needs.A project management technique called a stakeholder analysis is used to identify the project's stakeholders, the issues that concern them, and how the project will affect them.Focus groups are a common technique that encourages stakeholders to be more open and creative with their answers. Organizations may obtain a lot of information using this method. Surveys can be helpful for gathering requirements from stakeholders. Pick participants carefully using the required parameters.Learn more about Stakeholder requirements refer to :
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in the time management for students video, stacey recommended breaking down a large project/assignment into multiple steps. how many steps were sugges
in the time management for students video More opportunities,Stress relief,Ability to realize goals.
Management (or managing) is the process of overseeing an organization, whether it be a business, nonprofit, or governmental body. The art and science of managing a company's resources are both involved.Management includes developing an organization's strategy and overseeing employee (or volunteer) activities to accomplish objectives using the available resources, such as financial, natural, technological, and human resources. In management, the phrases "run the business" and "change the business" are used to indicate the difference between continuing to deliver goods or services and adapting those same goods or services to meet shifting customer expectations. The term "management" can also be used to describe managers, who are in charge of overseeing a business.
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check my work (1 remaining) which of the following statements is correct? a. the real interest rate is the sum of the nominal interest rate and the inflation rate. b. the real interest rate is the nominal interest rate minus the inflation rate. c. the nominal interest rate is the inflation rate minus the real interest rate. d. the nominal interest rate is the real interest rate minus the inflation rate.
The correct statement is the real interest rate is the nominal interest rate minus the inflation rate.
What is nominal interest rate and real interest rate?Nominal interest rate is the rate of interest that is stated on a loan, investment or other financial product, not taking into account the effect of inflation. It is usually used for short-term investments and loans and does not reflect the true cost of the loan or investment.Real interest rate, on the other hand, takes into account the effects of inflation on the value of money. It is calculated by subtracting the rate of inflation from the nominal interest rate. The real interest rate reflects the true cost of borrowing or investing, and it is suitable for long-term investments and loans.The real interest rate can be used to compare different investments or loans on the basis of the true cost of each. For example, if a loan has a nominal interest rate of 5% and an inflation rate of 3%, then the real interest rate is 2%. This means that after adjusting for inflation, the borrower will be paying a true cost of 2% for the loan.To learn more about Nominal interest rate refer to:
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What decision rule should be followed when deciding if a business segment should be eliminated? Multiple Choice
Segments generating a net loss should always be eliminated.
Segments with revenues that are more than avoidable expenses should be considered for elimination.
Incorrect Segments with revenues that are more than unavoidable expenses should be considered for elimination.
Segments with revenues that are less than avoidable expenses should be considered for elimination.
Segments with revenues that are less than unavoidable expenses should be considered for elimination.
c) Segments with revenues that are less than avoidable expenses should be considered for elimination.
A business sector is a division of a company that earns revenue by selling a product or a range of products, or by offering a service that is distinct from the company's principal emphasis.
When it comes to accounting practices using segments, the Financial Accounting Standards Board's (FASB) SFAS 131 is the primary authority. Companies having many business sectors can obtain a competitive advantage by entering markets that were previously untapped by their primary operations.
They can also increase customer loyalty by converting existing consumers into new clients for their extra business divisions. This is especially true when business sectors complement one another.
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What is line item budgeting?
A. It's a system in which only the payroll is
budgeted for every month in a spreadsheet.
B. It's a system that the company uses to
keep track of all of it's heavy machinery.
C. It's a system used to document materials
for the factory that are inventoried every
year.
D. It's a system used to show every expense
or profit for the company broken down item
by item.
Answer:
D
Explanation:
line-item budget shows the comparison between the financial data for the past accounting or budgeting periods and estimated figures for the current or a future period.
something in the marketing environment that might affect nabisco's ability to market an oreo cookie would be:
The most well-known cookie company's strengths, weaknesses, opportunities, and threats are highlighted through our Oreo SWOT analysis. Nabisco had released a statement.
What are a few illustrations and a SWOT analysis?The term SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. There are internal strengths and flaws at your company that you may work to enhance and partially control. The people on your team, your patents, other intellectual property, and your location are a few examples.
What potential hazards and dangers exist?Opportunities are outside factors that might support your goal-achieving. You might have the chance to further your success, increase your income, or get training. Threats are external factors that you should be on the lookout for in case they stop you from reaching your objectives.
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an office property is purchased for $600,000. the building represents 80% of the value. what is the typical annual depreciation deduction for this building? a) $39,408.21 b) $23,732.17 c) $12,307.69 d) $17,454.54
The typical annual depreciation deduction for this building is $39,408.21.
What is depreciation?Depreciation is an accounting term for the process of spreading out an asset's cost over the course of its useful life. How much of an asset's value has been used is shown by the amount of depreciation. Businesses are given the opportunity to profit from the assets they possess by buying them over a predetermined period of time. Businesses do not have to fully account for them in the year that assets are purchased, which results in a significantly reduced initial cost of ownership. If depreciation is ignored, the profitability of a corporation could suffer dramatically. Businesses may also depreciate long-term assets for accounting and tax reasons. Depreciation is comparable to amortization, which considers the rise in value of intangible assets over time.
Annual depreciation= 600000-560591.79= $39,408.21
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globalization has led some organizations to seek methods of reducing distribution and shipping times. true false
It is true that due to globalization, some companies are looking for ways to reduce distribution and shipping times.
What is globalization and why is it important?Globalization means accelerating movements and exchanges (of people, goods, services, capital, technology or cultural practices) around the world. One of the effects of globalization is to facilitate and increase interactions between different regions and population groups around the world.
What are types of globalization?Globalization is usually divided into three main areas: Economic globalization, cultural globalization, political globalization.
What are the five elements of globalization?Economic globalization is characterized by the cross-border flow of goods and services, the flow of capital, people, data and ideas.
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It is true that globalization has led some organizations to seek methods of reducing distribution and shipping times.
What is globalization?Globalization refers to the increasing interconnectedness and interdependence of countries, economies, cultures, and populations around the world. It is driven by advances in technology and transportation, as well as trade and investment, and it has led to the growth of international trade, the spread of ideas and culture, and the movement of people and goods across borders. The effects of globalization have been both positive and negative, with some people benefiting from increased economic growth and cultural exchange, while others have faced job loss and cultural displacement. Overall, globalization is a complex and multifaceted phenomenon that continues to shape the world we live in today.
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briefly explain the financial impacts of the covid-19 pandemic you are experiencing and why you need emergency funds:
A lot of people lost their jobs during the pandemic and money was hard to come by with all opportunities shut. People without emergency saving and poor made up the majority of sufferers.
Why do we need emergency funds?
In essence, an emergency fund is money set aside to handle unforeseen life occurrences. Should you lose your work, you might use the money to keep out of debt for a few months by paying your payments. It may even be employed to pay for an unexpected expense.
If a horrible event occurs, getting the money will be simple and quick.
The COVID-19 outbreak made an emergency fund even more necessary. According to a YouGov study done for Forbes in April 2021, the epidemic forced more than 40% of those with emergency funds to use them, with 73.3% spending them altogether and 29% using half or more.
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