A company uses the perpetual inventory system and recorded the following entry: account title debit credit accounts payable 2,500 merchandise inventory 50 cash 2,450 this entry reflects a company paid accounts payable in the form of cash and receive a cash discount.
What is on account payable?Accounts payable (AP) refers to amounts owed to vendors or suppliers for goods or services that have yet to be paid for. On the balance sheet, the accounts payable balance is the total of all outstanding amounts owed to vendors.
Accounts Payable is expected to have a credit balance as a liability account. As a result, a credit entry will raise the balance in Accounts Payable, while a debit entry will lower it. A vendor invoice is a bill or invoice from a credit supplier of goods or services.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue. Employees are a little resistant to his plan. What is one way he can persuade them that this is a good idea?
Answer:
Document ways diversity played a crucial role for business in the past
Explanation:
River rafting refers to the activity of moving quickly in a small boat along rivers
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue.
But the employees are a little resistant to his plan.
For this document ways, diversity has played a crucial role in business in the past.
So, he can follow such ways.
When discussing choosing a Cunningham for the jury, Atticus says, “When you analyze it, there was little risk. There’s no difference between one man who’s going to convict and another man who’s going to convict, is there? There’s a faint difference between a man who’s going to convict and a man who’s a little disturbed in his mind, isn’t there?
Atticus says they're pοοr grοwers, but want tο get by οn their οwn. Hοwever, they pay in crοps because that's all they can dο, If they need tο hire peοple.
Atticus has nοthing against the Cunninghams, but Scοut dοes n’t knοw any better. She said tο Calpurnia, “ he ain’t cοmpany, Cal, he’s just a Cunningham.
”She alsο says that he lοοks like he was raised οn fish fοοd. After Scοut explained why she was frenetic at Walter, he tοld her tο put herself in his shοes. That yοu nοway really knοw a persοn unless yοu see the wοrld in their pοint οf view.
The Finches are analοgοus tο the Cunninghams because bοth families are cοnsidered pοοr because οf the Great Depressiοn, indeed thοugh the Cunninghams have lοwer. The are different because οf sοcial class.
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The GATT agreement was replaced by the World Trade Organization.
Group of answer choices
True
False
If the nominal interest rate is 4 percent and the inflation rate is 6 percent, then the real interest rate is a.-4 percent. b.-2 percent. c.0 percent. d.2 percent.
The real interest rate given the nominal and inflation rate is -2 percent
How to calculate the real interestThe formula for calculating real interest given the nominal and inflation rate is expressed as:
Real interest rate ≈ nominal interest rate − inflation rate
Given the following
Real interest = 4%
inflation rate = 6%
Substituting into the formula
Real interest rate = 4% - 6%
Real interest rate = -2%
Then the real interest rate given the nominal and inflation rate is -2 percent
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5. Paulie Mateja purchased a digital camera for $699.99. The store charged 4.65% sales tax. What was the camera's total pur- chase price? A $703.64 B $732.54 C $753.64 D $767.54
Answer:
B : 732.54
Explanation:
1. 4.65% over 100% times with 699.99 = 32.55
2. plus 32.55 with 699.99
Why is it important to consider the right place to open a business?
Answer: Choosing a business location is one of the most important aspects of starting a small business. Especially if you're running a small retail or restaurant operation, finding the right location means everything. It can dictate foot traffic, business atmosphere and long-term success for your small business.
Answer:
depending on the place you can consider the number of people who go to it and on that side, the fame it would have for its service, and greater economic progress.
Explanation:
A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive
A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.
What is policy?The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.
A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.
As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.
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a producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
A producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
A standard deviation (or σ) is a degree of the way dispersed the information is when it comes to the imply. Low general deviation means statistics are clustered around the mean, and high popular deviation shows statistics are more unfold out.
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Labor and management at Leo Trucking cannot seem to agree upon a contract for the truck drivers. As each side contends that they are bargaining fairly, no agreement seems to be possible. The drivers are threatening to go on strike, and management knows that such a strike would prove to be costly. None of the parties involved in the dispute wants to reach a win-win agreement. They are each highly focused on their demands, which they would like to achieve, otherwise known as their ________ points. target tolerance focal distribution resistance
Answer:
resistance points
Explanation:
In simple words, The resistance level can be understood as the lowest point where a mediated settlement will be accepted. For a vendor, this implies the smallest number (minimum) or end result they are willing to take, whereas for a purchaser, it implies the highest number (upper limit) or bottom boundary they are willing to spend.
Thus, from the above we can conclude that the correct answer is resistance point.
True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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A firm is considering two capital investment projects. Project B involves an initial cost of $15,000. The discounted present value of all future cash flows is $18,000. Project C requires an initial expenditure of $25,000. The discounted present value of all future cash flows is $30,000.
a. Calculate the net present value of Project B and Project C. Which would be preferred according to their NPVs?
Net Present Value (NPV) can be defined as the difference between the present value of cash inflows and the present value of cash outflows.
In other words, NPV measures the amount by which the inflows exceed the outflows and the excess cash is available to the investors as profit or returns. NPV is one of the popular techniques of capital budgeting and is used to evaluate the profitability of investment projects.
The calculation of NPV involves discounting of future cash flows at the required rate of return of the investors.
In the given question, the initial investment and discounted cash flows for two investment projects are given. We need to calculate the NPV of both projects and determine which project is preferred based on their NPVs.
The calculation of NPV for both projects is as follows:
NPV of Project B = Discounted present value of cash flows - Initial
investment= 18,000 - 15,000= 3,000
NPV of Project C = Discounted present value of cash flows - Initial
investment= 30,000 - 25,000= 5,000
Based on the above calculations,
it is evident that the NPV of Project C is higher than the NPV of Project B.
Therefore, Project C would be preferred according to their NPVs.
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vern, the hr manager at a start-up company, helped the founder plan a benefits package that includes paid vacations, holidays, and sick leave. now an employee approaches vern to say she has been called up for jury duty and needs to be away next week. what should vern do? group of answer choices he should direct the employee to use the family and medical leave act. he should ask the employee to use her vacation time for jury duty. he should establish, and then apply, policies for other situations requiring time off. he should ask the employee to use her sick leave for jury duty. he should forbid the employee from taking time off for jury duty.
Nick is the HR manager at a new company. He should develop, and then implement, policies for other situations that necessitate time off.
The Human Resource Manager will oversee the regular duties of the Human Resources (HR) department, including hiring and conducting interviews, paying employees, handling benefits and leave requests, and enforcing company policies and procedures.
Human resource management is a strategic and coherent approach to the effective and efficient management of people in a company or organization so that they can help the company gain a competitive advantage. It is intended to maximize employee performance in support of an employer's strategic goals.
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Debit cards
Pros:
Cons:
Answer:
Pros: their easy to obtain, gets rid of the need to carry cacash to buy things, you can place limits on your spending so you dont overspend, no fee to use, can be used to withdraw cast at ATM's
Cons: some companies systems accept prepaid debit cards, you risk losing money on debit card, easy to gain to your money if card is stolen and PIN is known.
Explanation:
its up to you :)
a solid perpetual fit between the sponsoring organizations and the causes promoted via social marketing can increase consumer involvement in the causes true false
TRUE, a solid perpetual fit between the sponsoring organizations and the causes promoted via social marketing can increase consumer involvement in the causes.
A client is any individual or organization who's the final person of a service or product. here are some examples: a person who pays a hairdresser to reduce and fashion their hair. An organisation that buys a printer for employer use.
Any individual who purchases products or services for his non-public use and no longer for production or resale is known as a consumer. A consumer is one who is the selection-maker whether or no longer to buy an object at the store or a person who's prompted by means of advertisement and marketing.
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The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The bond has a clean price of $923 and the par value is $1,000. What is the invoice price?
If the bond has a clean price of $923 and the par value is $1,000. is the invoice price is $946.21.
How to find then invoice price?First step is to find the accrued interest
Accrued interest = ($1,000 × 5.57%) × 5/6
Accrued interest= $55.7/2 x5/6
Accrued interest= $23.21
Now let find the dirty price using this formula
Dirty price = clean price + accrued interest
dirty price = $923+ $23.21
dirty price = $946.21
Therefore the invoice price is the amount of $946.21.
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annual dividends of atta corporate grew from $0.96 in 2005 to $1.26 in 2017. what was the annual growth rate?
If the annual dividends of Atta Corporate grew from $0.96 in 2005 to $1.26 in 2017, the annual growth rate was 3.46%.
Given that the annual dividends of Atta Corporation grew from $0.96 in 2005 to $1.26 in 2017, we need to find the annual growth rate. There are various methods to calculate the annual growth rate, but one of the easiest is the CAGR method.
CAGR stands for Compound Annual Growth Rate, and it is a measure of the average annual growth rate of an investment or a company over a specific period of time. To calculate CAGR, we need the starting value, the ending value, and the number of years in between the starting and ending values.
CAGR is calculated using the following formula:
CAGR = (Ending value/Beginning value)^(1/Number of years) - 1
Here, the beginning value is the dividend per share in 2005, which is $0.96.
The ending value is the dividend per share in 2017, which is $1.26. And the number of years is 12 (from 2005 to 2017). Putting these values into the formula, we get:
CAGR = ($1.26/$0.96)^(1/12) - 1
Simplifying the expression, we get:
CAGR = 0.0346
Therefore, the annual growth rate of Atta Corporation's dividends was approximately 3.46%.
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How can a diverse economy like the United States, satisfy the needs of its consumers?
Answer:
Supply and Demand
Explanation:
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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use the equation for the line of best fit to predict the salary for an employee with 6 years of experience? (round your answer to the nearest dollar.) $61,150 $58,587 $59,672 $57,990
The wage for a worker with six years of experience is predicted by the equation for the line of best fit, which is $58,587.
What does slope refer to?Although it was originally used in English by O'Brien in 1844 when he expressed the equation for a straight line as "y = mx + b," and by Todhunter in 1888 when he wrote it as "y = mx + c," it is unknown why the letter m is usually used to denote slope.
The slope can be calculated by comparing the "vertical change" to "horizontal change" between any two distinct points on a line. The outcome is the same for each ratio when expressed as a quotient ("rise over run").
Any two spots in the specified grid must be taken.
Let the two points are (0, 52000), (1, 53,150)
m=(53150-52000)/(1-0)
m=1150
Therefore, slope=1150
Now, the equation of the line is y=mx+b
52000=1150(0)+c
c=52000
Therefore, y=1150x+52000
For 6 years experience,
Take x=6 then,
y=1150(6)+52000
y=6900+5200
y=58,900
y=$58,900≈58,587
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Spending that is required by law is known as
O discretionary spending
O deficit spending,
O mandatory spending.
O expansionary spending.
When a certain type of spending is required by law then it is known as Mandatory spending.
What is mandatory spending?This is a part of the U.S. government federal budget. The things to be spent on are required by law to be spent on so if these things are ignored, it would be illegal.
Examples of mandatory spending in the U.S. include social security and Medicare.
In conclusion, option C is correct.
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Answer:
C) mandatory spending
Explanation:
hope it helps!!!!
What types of services do property taxes typically pay for?
Answer:
The local governing body will use the assessed taxes to fund water and sewer improvements and provide law enforcement, fire protection, education, road and highway construction, libraries and other services that benefit the community.
This is for the Globalization Trend Quick Check. (Economics B, Lighthouse Connections)
1) Which of the following correctly describes globalization?(1 point)
A) Globalization is the increase in income inequality within developed countries.
B) Globalization is the process of decreasing per-unit costs with increasing production.
C) Globalization is the process of integration among individuals, businesses, and governments.
D) Globalization is the increase in the value of knowledge and information within an economy.
2) Which of the following is an example of economies of scale?(1 point)
A) A business increases its production of widgets, and the cost of producing each widget decreases.
B) A business increases its production of widgets, and the total cost of production decreases.
C) A business decreases its production of widgets, and the total cost of production decreases.
D) A business decreases its production of widgets, and the cost of producing each widget decreases.
3) Which of the following explains why many small businesses struggle to compete with larger firms?(1 point)
A)Small businesses are unable to offer the same variety of products that larger firms are able to produce.
B) Small businesses are unable to specialize to the degree that larger firms are able to.
C) Small businesses are unable to provide the kinds of products that consumers want.
D) Small businesses are unable to sell their goods at the higher prices set by larger firms.
4) Which of the following is true of a market economy?(1 point)
A) There are no forms of government control or intervention.
B) It inhibits the influence of free trade and exchange on the free market.
C) There are no countries in the world currently transitioning to a market economy.
D) It opens the country's markets to international importing and exporting.
5) Which of the following is true of the economic transition process from a command economy to a market economy?(1 point)
A) The nation changes its fundamental economic organization and begins to minimize the amount of entirely new free market institutions.
B) The nation will attempt to stabilize its economy by establishing various monetary and fiscal policies, reducing market volatility and stimulating economic growth.
C) Individuals and institutions rely more and more on the instruction of and distribution by other people and organizations.
D) The country's markets become less open to international importing and exporting.
Based on the trends of globalization, the following are true:
C) Globalization is the process of integration among individuals, businesses, and governments.A) A business increases its production of widgets, and the cost of producing each widget decreases.A)Small businesses are unable to offer the same variety of products that larger firms are able to produce.A) There are no forms of government control or intervention.B) The nation will attempt to stabilize its economy by establishing various monetary and fiscal policies, reducing market volatility and stimulating economic growth.What does globalization mean?Globalization refers to the tendency of the world to become increasingly integrated across borders.
This means that individuals, businesses and governments, begin to work together more often in order to increase production and market reach.
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which of the following statements is true with regard to the departmental overhead rate method? multiple choice it uses a different overhead rate for each department. it is the same as activity-based costing. each department has the same rate for the same activity pool. it is especially accurate in assigning overhead costs that are not driven by production volume. it requires one overhead cost pool and one rate.
The claim that the departmental overhead rate approach employs a different overhead rate for each department is accurate.
Departmental overhead rates give the opportunity to apply a unique activity or cost driver for each department. It happens frequently that certain departments need a lot of physical work while others need more machinery. While machine hours could be more practical for some areas, direct labor hours might be significant for others.
At the beginning of the accounting period, a predefined overhead rate is determined by dividing the projected manufacturing overhead by the estimated activity base.
The costs associated with stage overhead are first calculated separately for each production department. The second stage involves choosing an allocation base for each department, such as machine hours or direct labor hours. The next step is to calculate an overhead rate for each manufacturing department.
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Full-service brokerage firms
a. have lower commissions.
b. offer portfolio management.
C.provide no investment advice.
d. teach you how to do market research.
Please select the best answer from the choices provided
A B C D
Answer:
b. offer portfolio management.
Explanation:
When the brokerage firms provide full service so they would offer the portfolio management that means it manages the portfolio so that the risk could be minimized and returns could be high via investing the securities in different places rather investing at one place
Therefore option B is correct
- QI- State 2 reasons why it is necessary to prepare
financial statements at regular intervals
Answer:
-Better decision making
-Can prevent costly mistakes and helps in tax period
If motorcycles have elastic demand, how would a small increase in price affect demand for motorcycles?
Answer:not much
Explanation:
If it's elastic then i switchs
Business has changed dramatically over the last 10 to 20 years. Many of these changes were driven by the advancement of technologies and the rapid adoption of these technologies. Give at least 5 examples of how it has changed your life?
Here are five examples of how business changes driven by technology have impacted our lives:
Online Shopping: The rise of e-commerce platforms and online marketplaces has revolutionized the way we shop. Now, we can browse and purchase products from the comfort of our homes, access a wide variety of options, compare prices, and have items delivered right to our doorstep.
Remote Work: Technology has enabled the widespread adoption of remote work. With advancements in communication tools, project management software, and video conferencing platforms, many professionals now have the flexibility to work from anywhere, reducing the need for a traditional office setting.
Digital Payments: Traditional payment methods like cash and checks have been supplemented by digital payment systems. Mobile payment apps, online banking, and contactless payment options have made transactions more convenient, secure, and efficient.
Cloud Computing: The advent of cloud computing has transformed the way businesses store, manage, and access data. It provides scalable and cost-effective storage solutions, enables collaboration across geographies, and enhances data security and disaster recovery capabilities.
Social Media and Digital Marketing: Businesses now leverage social media platforms to reach and engage with their target audiences more effectively. Digital marketing strategies, such as targeted advertising, influencer marketing, and personalized campaigns, have become instrumental in promoting products and services, expanding customer reach, and driving sales.
These examples highlight how technology-driven changes in the business landscape have impacted our lives, making transactions more convenient, enabling flexible work arrangements, and transforming the way we communicate and access information.
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what are the major jobs of MBBS doctor?
production authorization and scheduling is typically performed by ______ personnel
Production authorization and scheduling is typically performed by production planners or production scheduling personnel within an organization.
These individuals play a crucial role in coordinating and managing the production activities to ensure efficient and timely execution of manufacturing processes.
Production planners are responsible for analyzing and interpreting the production requirements based on sales forecasts, customer orders, and inventory levels. They collaborate with various departments such as sales, marketing, and operations to gather the necessary information and create a production plan that aligns with the overall business objectives. This involves determining the quantity and timing of production, considering factors like lead times, resource availability, and production capacity.
Once the production plan is established, production scheduling personnel take over the responsibility of creating detailed schedules and allocating resources to specific tasks. They break down the production plan into smaller units, such as daily or weekly schedules, and assign tasks to the workforce and machines. This involves coordinating with different departments, such as procurement, maintenance, and quality control, to ensure the availability of materials, equipment, and personnel needed for production.
Production planners and scheduling personnel also consider factors like production efficiency, cost-effectiveness, and customer demands when creating schedules. They aim to optimize resource utilization, minimize idle time, and meet delivery deadlines. This requires continuous monitoring and adjustment of schedules to accommodate changes in production requirements, such as rush orders, machine breakdowns, or workforce availability.
Additionally, production planners and scheduling personnel may utilize various tools and software systems to aid in their tasks. These tools can help in capacity planning, demand forecasting, resource allocation, and real-time monitoring of production activities. They also need to communicate effectively with different stakeholders, including production supervisors, operators, and managers, to ensure smooth execution of the production plan and resolve any scheduling conflicts or bottlenecks that may arise.
In summary, production authorization and scheduling are crucial functions performed by production planners and scheduling personnel. Their role is to translate production requirements into actionable plans, create detailed schedules, and coordinate resources to ensure efficient and timely production processes. By effectively managing production activities, these personnel contribute to optimizing productivity, meeting customer demands, and achieving operational excellence within the organization.
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