If revenue was $70,000, expenses were $59,000, and the owner's withdrawals were $25,000, the amount of net income or net loss was net income of $11,000.
Revenue is the overall quantity of earnings generated through the sale of products or services associated with the organization's primary operations. profit, that's usually known as internet income or the bottom line, is the number of earnings that stays after accounting for all expenses, debts, extra profit streams, and working expenses.
Types of revenue consist of the sale of products, products, or merchandise. The sale of services, including consulting. rental earnings from business belonging (observe using “profits”) The sale of tickets to a concert.
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Question 20 (1 point)
The GDP equation is C +1 + G + (X-M) = GDP
In whes section would a Shoes fall under?
A. X-M
B. I
C. G
D. C
Answer:
b its b
Explanation:
International trade is definitely in the social interest if Group of answer choices consumer surplus increases consumer surplus does not decreases total surplus increases. producer surplus increases producer surplus does not decreases.
International trade is definitely in the social interest if consumer surplus increases, total surplus increases, and producer surplus increases. Consumer surplus refers to the benefit that consumers receive when they are able to purchase a good or service at a price lower than what they are willing to pay.
In international trade, consumers have access to a wider variety of goods and services at potentially lower prices, which can increase their consumer surplus. Total surplus is the sum of consumer surplus and producer surplus. It represents the overall welfare or economic benefit generated by a trade. When international trade occurs, it allows for the efficient allocation of resources, increased specialization, and economies of scale.
As a result, total surplus can increase due to the greater availability of goods and services and the potential for lower prices. Producer surplus is the benefit that producers receive when they are able to sell a good or service at a price higher than the cost of production. In international trade, producers can access larger markets, which can lead to increased sales and potentially higher prices. This can result in an increase in producer surplus.
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At what price will the stock reach an ""equilibrium"" at which it is perceived as fairly priced today?.
it's equilibrium price is $55.75.
An equilibrium rate is a balance of demand and grant factors. There is a tendency for expenditures to return to this equilibrium except some characteristics of demand or supply change. Changes in the equilibrium price manifest when both demand or supply, or both, shift or move.
How do you discover equilibrium price?To find the equilibrium rate a mathematical system can be used. The equilibrium fee components is primarily based on demand and furnish quantities; you will set volume demanded (Qd) equal to quantity supplied (Qs) and resolve for the price (P). This is an instance of the equation: Qd = one hundred - 5P = Qs = -125 + 20P.
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Answer:
overtime pay rate is the amount of money you would make from working overtime. sokets say you made 80,000 dollers a year and you staryed 15 hours your overtime pay rate
Explanation:
Overtime hours are hours worked over 40 in a single work week.
Example: At 45 hours for the week, Sasha worked five overtime hours in a week.
Buying or selling stock is
saving
investing
Otrading
Odiversifying
Answer:
Trading
Explanation:
1. Saving is saving funds to invest in stocks.
2.
Buying stock is an investment.
3. Trading - meaning buying or selling any stock shares you own is trading.
what is Galileo Galilei's scientific method?
Answer:
Galileo devised a method that exhibits some provocative similarities to, and differences from, a Rasch approach to instrument design: Viewed as a whole, Galileo's method then can be analyzed into three steps, intuition or resolution, demonstration, and experiment; using in each case his own favorite terms.
vwhat has facilitated the adoption of the euro among eu countries? question 3 options: 1) increased complexity of online marketing. 2) the elimination of parallel imports. 3) an increase in european import tariffs by 60 percent. 4) easily recognizable price differentials. 5) a decrease in the toughness of market competition in europe.
What has facilitated the adoption of the euro among eu countries is: 4). easily recognizable price differentials.
What is differential pricing?Differential pricing can be defined as the way in companies or organization decide to set a price that is different from the price set by others. Companies tend to make use of differential pricing as a form of pricing strategy in which they do not have a fixed price but rather given each of their customer different price despite selling the same product.
Euro can be defined as the currency that is used by European countries just as the way in which the currency of United state of American is dollar.
The major reason why European nation tend to adopt euro as their currency is because euro was considered as an easily recognizable price differentials.
Therefore the correct option is 4.
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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
bolo, inc. paid shareholders dividends during 2020. this payment will affect the expanded accounting equation in what ways?
This payment will decrease retained earnings. Therefore, the first option is the correct answer.
After deducting dividend payments, a company's retained earnings are its total net earnings or profits. The term "retained" refers to a crucial idea in accounting that describes how earnings were held by the corporation rather than distributed to shareholders as dividends. Because of this, retained earnings go down when a business experiences a loss or pays dividends and go up when new profits are generated.
The management of the company is often in charge of deciding whether to keep the profits or distribute them to the shareholders. Since they are the actual proprietors of the corporation, the shareholders can, by a majority vote, overturn it.
For a number of reasons, management and shareholders may prefer that the company keep the profits.
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Complete question:
Bolo, Inc. paid shareholders dividends during 2020. this payment will affect the expanded accounting equation in what ways?
Retained earnings will decreaseRetained earnings will increaseCurrent assets will increaseNet income will decreasehow can we build up strong analytical skill discuss
Answer:
hope help you
Explanation:
Here are several ways you can improve your analytical skills:
Read more. An important part of being analytical involves being alert and remaining stimulated. ...
Build your mathematical skills. ...
Play brain games. ...
Learn something new. ...
Be more observant. ...
Join a debate club. ...
Take an exercise class. ...
Keep a journal.
1.Opportunity cost is the cost of something in terms of giving up the next best thing?
True/False
2.Specialisation means making unique items for each customer?
True/False
Answer:
trueExplanation:
I took the test and got 100%
Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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If the export value of American educational institutions is more than twice that of America’s top agricultural export, and supports 455,000 jobs, we can conclude that
Multiple Choice
A. exports of higher education represent an important component of the U.S. economy.
B. exports of higher education are paid for in foreign currencies effectively bypassing EXIM bank requirements.
C. American universities have been recruiting foreign students to the detriment of U.S. students.
D. exports of higher education will continue to grow without export assistance.
E. U.S. taxpayer dollars are being spent in foreign countries rather than domestically.
The export value of American educational institutions is more than twice that of America's top agricultural export and supports 455,000 jobs. As a result, we can conclude that exports of higher education represent an important component of the U.S. economy. The correct option is (A).
Exports of higher education represent an important component of the U.S. economy because the export value of American educational institutions is more than twice that of America's top agricultural export, which supports 455,000 jobs. In 2015, 974,926 international students attended American colleges and universities, contributing $35.8 billion to the economy in the form of tuition, room and board, and other expenses. For each job supported by foreign students, three jobs are created or supported, according to NAFSA.
The correct option is (A).
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natural fertility in most populations produces an average of about ____ children.
The average natural fertility in most populations produces about 2-3 children. This is the number of children born to a woman during her reproductive years.
Natural fertility refers to the number of children a population would produce without any contraceptive measures. The average number of children born to a woman during her reproductive years is about 2-3 in most populations. This is known as the replacement level fertility, which means that the population is replacing itself. However, the actual fertility rate can vary depending on factors such as cultural norms, access to healthcare, and economic conditions. In some countries, the fertility rate is below the replacement level, leading to an aging population, while in others, it is higher, leading to population growth.
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When does potential gdp increase?.
The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
Potential Gross Domestic Product (GDP) is a theoretical concept that represents an estimation of the value of the production that the economy would have created if labour and capital had been engaged at their maximum sustainable rates—that is, rates consistent with stable growth and inflation.
The size of the labour force and the rate of productivity growth (output per hour of work), which in turn depends on the level of capital investment, both affect potential GDP. That is, if more people join the labour force, more capital is added to the economy, or the present labour force and capital stock become more productive, potential GDP growth could increase.
Potential GDP is a key measure. It is helpful for calculating the amount of goods and services an economy can create. You can determine if production can increase and how this would affect inflationary pressures and unemployment by comparing real GDP and potential GDP.
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What is the price at which equilibrium is achieved? $8 $9 $10 $30.
The equilibrium of the demand and supply can be achieved at a price of $9.
What is the equilibrium position?The equilibrium is the position in the market where the demand curve and the supply curve intersects with each other at a particular point of price. At the point of equilibrium the quantity supplied and the quantity demanded are the same.
As per the graph, the demand curve shows the quantity demanded in the market at various prices in dollars while the supply curve shows the prices at which each quantity is supplied in the market.
Therefore, after examining the graph the point of intersection is at the point having the Dollar price of 9.
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The Lakeshore Hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three days is counted as three guest-days.
(a) Using the high-low method, estimate a cost formula for custodial supplies expense.
In cost accounting, the high-low method is a way of attempting to separate out fixed and variable costs given a limited amount of data. The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level.
Particulars Guest Days Custodial Supplies Expense
High Activity Leve l 11500 12600
Low Activity Level 5500 10200
Change 6000 2400
Variable cost per
guest day 0.4
Fixed Cost per
month 8000
Total Cost = Total Variable cost + Total Fixed Cost
10200 = (5500*0.40) + Total Fixed Cost
Total Fixed Cost = 10200-2200
Total Fixed Cost = 8000
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On what ideology is Blake and Mouton’s Managerial/Leadership Grid based? (BLANK) theory suggests that traits are inherent, while conduct can be taught.
The Blake and Mouton’s managerial grid is based on the concern for production(tasks) and concern for people(relationships). The Great man theory suggests that traits are inherent, while conduct can be taught.
What do you mean by Blake and Mouton's managerial grid and Great Man Theory.As per the Managerial Grid, developed by Robert Blake and Jane Mouton, five different types of leadership based on their concern for the production and concern for the people are located in four quadrants.. According to the Great Man Theory leaders are born with the right traits and abilities for leading – charisma, intellect, confidence, communication skills, and social skills.
The concern for production is illustrated on the horizontal axis of the managerial grid and production became more important to the leader as his rating advances on the horizontal scale.
The Great Man Theory of Leadership emphasizes that great leaders are born, not made. These individuals come into the world possessing certain characteristics and traits not found in all people.
The Managerial grid is a useful device for identification and classification of managerial styles.
The essence of the Great Man Theory lies in the fact that those in power deserve to lead because of the traits they have been endowed with.
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list four basic function of business network?
The four basic functions of a business network are: networking, information exchange, collaboration, and support.
Networking refers to building connections and relationships with other individuals and organizations in the same or related industries. This helps to create a wide network of contacts that can be leveraged for business opportunities and knowledge sharing.
Information exchange involves sharing relevant information and insights among members of the network. This helps to keep everyone informed and updated on industry trends, best practices, and potential business opportunities.
Collaboration refers to working together with other members of the network on projects and initiatives. This can help to pool resources and expertise, leading to more efficient and effective outcomes.
Support refers to providing help and assistance to other members of the network. This can take the form of mentorship, providing introductions, or offering advice and guidance. The support provided by a business network can help to create a supportive environment that promotes growth and success.
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Why is competition good for the consumer in a free enterprise system?
The competition in a free enterprise system is good for consumer because it allows consumer to have the ultimate voice in the economy, starting from the ultimte pices of goods, types of products needed, and whether a product is a success or a fail.
Free enterprise sytem or free market refers to an economy where the government role in the market and its intervention are limited almost to none. The government has almost zero control to the economy and allows the market to determine the products and prices.
Free enterprise system is not regulated by the government but by a set of legal rules, such as property rights, contracts, and competitive bidding. Free enterprise system beliefs that the government intervention would hinder the economy growth. Free enterprise system tends to result in capitalism.
Free enteprise system allows more freedom and aims for higher market efficiency from lower taxes and regulation. Free enterprise system ensures consumer rights and financial security and stability. Free enterprises system provides greater economic opportunities with lower entry and exit barrier to the economy. However free enterprise system might be more vulnerable to several economic crisis with no intervention from the government.
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Answer:
B
Explanation:
What role does product/service management play in marketing?.
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
#CarryOnLearning\(watch.some.anime\)
Fees
Annual Fee $30
Transaction Fees Balance tranfers—$10 or 3% of the transaction (whichever is greater)
Cash advance—$10 or 3% of the transaction (whichever is greater)
Penalty Fees Late fee: $35
Over-the-credit-limit: $35
Returned payment: $25
Based on the Schumer Box, what is the transaction fee on a cash advance of $300?
$35
$30
$25
$10
Answer:
$10
Explanation:
The cash advance fee is quoted as $10 or 3% of the transaction fee, whichever is greater.
The cash advance, in this case, is $300.
the transaction fee will be 3% of 300
= 3/100 x $300
=0.03 x $300
=$9
$10 is greater than $9; therefore, the transaction fee will be $10
Answer:
D
Explanation:
took the test
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Assume you are the COO of Barcelona Restaurants and you realize that you have turned over probably 60% to 70% of management. Assume you believe that you have been hiring people with the correct technical skills to perform well but there have been other issues. For example, you believe that many of the managers have low confidence in their ability to be successful at whatever challenges or tasks they face so this creates a lot of stress and burn out. What might you do to help ameliorate this problem
.The program can also include regular feedback sessions, mentorship, and access to resources such as coaching and training.
The high turnover of management can be a symptom of a larger issue - the lack of confidence and support among managers. To address this, the COO can develop a managers' confidence and helping them succeed. This program can include workshops and training sessions that provide managers with the tools and skills they need to navigate challenges and make decisions. Additionally, feedback sessions can be part of the program to give managers regular opportunities to discuss their progress and challenges. Mentorship can also be offered to provide managers with guidance and support from experienced leaders.
Finally, the program can give managers access to resources such as coaching and training to help them develop their skills and knowledge. By providing managers with the support and resources they need, the COO can help reduce stress and burnout, and improve retention rates at Barcelona Restaurants.
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To help address the issue of low confidence and burnout among managers at Barcelona Restaurants, some strategies that can be implemented include ongoing training and development, fostering a supportive work culture, and implementing stress management techniques.
Explanation:To help ameliorate the problem of low confidence and burnout among managers at Barcelona Restaurants, there are several strategies you can implement:
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Standard costs should be developed by: Group of answer choices The CEO The most experienced managerial accountant at the company a democratic vote of all company employees a cross-functional team of all persons who have knowledge regarding a company's costs and production processes
Answer:
The most experienced managerial accountant at the company
Explanation:
In simple words, By historical experience or industrial guidelines, a standard cost can be calculated. To calculate its performance, the organisation will then evaluate the typical costs versus the real performance. There is a disparity often when measuring standard costs to real outcomes. Thus, the most experiences person in accounting should compute it.
The u.s. mine safety administration conducts searches of certain businesses. this agency and other administrative agencies can conduct warrantless searches in:_____.
The u.s. mine safety administration conducts searches of certain businesses. this agency and other administrative agencies can conduct warrantless searches in highly regulated industries.
Non-consensual fire, health, or safety inspections of residential or private commercial premises generally require a government search warrant. The probable cause requirements for government investigations are less stringent than those for criminal investigations.
Congress creates federal executive agencies by passing laws establishing the names, purposes, functions, and powers of the agencies created. Federal executive agencies can exercise only those powers delegated by Congress to approve the legislation.
The term administrative justification is a euphemism. It's not justified at all. Acting on administrative legitimacy requires that government interests in protecting public safety outweigh private interests.
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an investor purchases a long call at a price of $3.10. the strike price at expiration is $47. if the current stock price is $47.10, what is the break-even point for the investor?
The Break-even call price for the investor is $50.10.
The term "break-even price" refers to the point at which a change in value merely covers the initial investment or expense made by an individual.
The break-even price for an options contract is the level at which underlying security reaches the point when it covers the cost of an option's premium. In the context of manufacturing, the term "break-even price" refers to the point at which the price at which a product is sold is equal to the cost of producing that product. It is common practice to utilise break-even pricing as a competitive tactic in the pursuit of increased market share; yet, this pricing approach can give the impression that the product in question is of poor quality.
Break-even price = Call premium + Strike price
In the ques, it is given that
Call premium = $3.10 and
Strike price = $47
Thus,
Break-even price = Call premium + Strike price
= 3.10 + 47
= $50.10
Thus, the Break-even price is $50.10.
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explain the process involve in forming a company.
include these points:
1. Often require more time and legal works.
2. Need to complete all required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION.
3. Once all document is ready, the register of the company issues the Certification of incorporation.
4. Certification of incorporation certifies the legal status of the company and allows to start trading.
Forming a company involves a number of steps and can often require more time and legal work than other types of business structures. Here are the steps typically involved in forming a company:
How to fporm companyChoose a Business Name: The first step is to choose a business name that is not already in use by another company. It's important to conduct a search to ensure the name is not already taken.
Decide on Company Structure: The next step is to decide on the legal structure of the company, such as a corporation, LLC, or partnership.
Prepare the Required Documents: Once the structure has been chosen, the required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION must be completed. These documents outline the purpose of the company, its ownership structure, and other important details.
File Documents with the Register of Companies: The completed documents must then be filed with the register of the company in the jurisdiction where the company is to be incorporated. This requires paying a fee and providing additional information about the company, such as the names and addresses of directors and shareholders.
Certification of Incorporation: Once all the required documents have been submitted and approved, the register of the company issues a Certification of Incorporation. This certificate certifies the legal status of the company and allows it to start trading.
Obtain Business Licenses and Permits: Depending on the type of business and the jurisdiction, the company may also need to obtain additional licenses and permits before it can begin operating legally.
Overall, forming a company involves a significant amount of legal work and documentation, but it provides the benefit of limited liability and can make it easier to raise capital and attract investors.
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The bank reconciliation Group of answer choices should be prepared by an employee who records cash transactions is part of the internal control system is for information purposes only is sent to the bank for verification
Bank reconciliation is one of the components of the internal control system of an organization.
Option B is the correct answer.
What is internal control?Internal control is applied to identify the accuracy and fairness of the accounting information being reported in the accounting records.
The bank reconciliation is a statement prepared to figure out whether the balances of the company's cash account are matched with the bank statement or not. If it is not matched, then what are the differences that lead to the non-matching of both the records.
Therefore, the internal control system of an entity comprises one of its processes called bank reconciliation.
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WILL GIVE BRAINLIEST
1. If the iPhone increases from $800 to $900, what does this do to demand?
A. Decreases Demand.
B. Decreases the Quantity Demand
C. Increases Demand
D. Increases the Quantity Demand
2. The price of gas is expected to increase later in the year. What will happen to the demand for SUVs later in the year?
A. Demand Increases
B. No change in demand
C. Demand Decreases
D. Quantity of Demand Decreases
3. The government has imposed a new regulation for car companies to install baby seat anchors to support baby seats in all new cars produced. How does this change supply for cars?
A. Does not impact supply
B. Decrease Supply
C. Decreases Quantity Supply
4. Papa Johns has a sale on pizzas, how does that impact demand?
A. Increases the Quantity Demand
B. Decreases the Quantity Supplied
C. Decreases Demand
Answer:
1)B
2)C
Explanation: