Answers
It is false because buyers normally tend to have higher Bargaining power.
Bargaining power is the relative capability of parties in an argumentative situation to ply influence over each other. However, also they will have equal logrolling power, similar to an impeccably competitive request If both parties are on an equal footing in a debate.
If buyers are more concentrated than merchandisers – if there are many buyers and numerous merchandisers – also buyer power is high. It is the pressure that consumers put on businesses.
Whereas, if switching costs – the cost of switching from one dealer's product to another dealer's product – are low, the logrolling power of buyers is high.
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Related Questions
When a company pays customers for their positive ratings on product user review sites, it may cross a(n) __________ line.
Answers
Answer: c. ethical
Explanation:
Positive ratings of a product encourage other people to buy a product because they will assume that it is good.
If a company pays for these ratings even when the goods are not as good, it will lead people to buy goods that they would not have bought otherwise which amounts to deception which is not an ethically right action to engage in to sell products.
Uganda is a very poor country. Qatar is much smaller geographically and has far fewer people, but it is roughly 70 times richer in terms of per capita GDP. Supposing the following statements are true, which one might explain why Uganda is a little closer to Qatar in terms of standard of living than the official statistics suggest?
a. Health standards in Singapore exceed those in Haiti.
b. Singapore is much more livable in terms of pollution than Haiti.
c. There is more underground market activity in Singapore than in Haiti.
d. Haiti has more nonmarket production than Singapore.
Answers
Answer:
D. Haiti has more nonmarket production than Singapore.
Explanation:
Here is the full question :
ee Hint Haiti is a very poor country. Singapore is much smaller geographically and has far fewer people, but it is roughly 70 times richer in terms of per capita GDP. Supposing the following statements are true, which one might explain why Haiti is a little closer to Singapore in terms of standard of living than the official statistics suggest? Choose one: O A Health standards in Singapore exceed those in Haiti. O B. Singapore is much more livable in terms of pollution than Haiti. OC. There is more underground market activity in Singapore than in Haiti. O D. Haiti has more nonmarket production than Singapore.
Per capita GDP = GDP / population
If Haiti has more non market activities, the bulk of its economic activities would not be captured in the GDP. This would lead to Haiti having a smaller GDP than Singapore
You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $33,000. You feel you can earn an APR of 10.8 percent compounded monthly and plan to save $395 per month until you reach your goal. How many years will it be until you reach your goal and enjoy your well-deserved vacation
Answers
Answer:
Explanation:
What 22
Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
Answers
The cash inflows from operating activities are:
Receipts from customers: $279,247
Interest received: $6,770
Total cash inflows from operating activities: $286,017
The cash outflows from operating activities are:
Payments to suppliers and employees: $220,013
GST paid: $16,924
Total cash outflows from operating activities: $236,937
Therefore, the net cash provided from operating activities is:
Net cash provided from operating activities = Cash inflows from operating activities - Cash outflows from operating activities
Net cash provided from operating activities = $286,017 - $236,937
Net cash provided from operating activities = $49,080
Therefore, the net cash provided from operating activities for Baskin Peter Pty. Ltd. is $49,080.
So the answer is D) $49,080.
help ASAP TRUE OR FALSE QUESTION
Answers
Answer:
true I think.
Explanation:
Jim is looking to purchase Vinney's property. The two parties agree on the terms of the deal and are ready to sign the purchase agreement. When will Jim and Vinney have an executed contract?
Answers
Jim is looking to purchase Vinney's property. The two parties agree on the terms of the deal and are ready to sign the purchase agreement. Jim and Vinney have an executed contract when they both are signed.
What is contract execution?A systematic event known as contract execution occurs when all necessary parties sign the agreement, making it a binding legal document.
Further the contract law provide the two broad categories of the contract which is considered to have been executed a) whenever all parties have fulfilled their responsibilities in full and b) A contract that has been signed by all parties required to make it legally enforceable is also referred to as being "executed."
Therefore Jim and Vinney when sign the agreement can make the purchase agreement into a real estate executed contract.
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Which is an example of a short-term investment?
Osavings bond
Osavings account
O retirement fund
checking account
Answers
Trueware Corporation is a start-up firm with a capital structure that includes 25 percent debt. Trueware has no preferred stock. The firm has two possible scenarios for its operations: Ruby or Emerald. The Ruby scenario has a 70 percent probability of occurring and the forecast earnings before interest and taxes (EBIT) in this scenario is $80,000. The Emerald scenario has a 30 percent chance of occurring and the EBIT is expected to be $32,000. Further, the firm's cost of debt is 10 percent. The firm has $500,000 in total assets and its marginal tax rate is 30 percent. The company has 22,000 shares of common stock outstanding. Calculate the difference in earnings per share (EPS) for the capital structure
Answers
Answer:
$1.53
Explanation:
Calculation to determine the difference in earnings per share (EPS) for the capital structure
Debt = 0.25 × Total assets = 0.25 × $500,000
Debt= $125,000
Equity = (1 − 0.25) × Total assets = 0.75 × $500,000
Equity = $375,000
Net income (NIRuby) = [EBIT - (Cost of debt × Total debt)] × (1 - Tax rate)
Net income (NIRuby) = [$80,000 - (0.10 × $125,000)] × (1 - 0.3)
Net income (NIRuby= $47,250
EPSRuby = Net income/Number of shares outstanding
EPSRuby = $47,250/22,000 shares
EPSRuby= $2.15 per share
Net income (NIEmerald) = [EBIT - (Cost of debt × Total debt)] × (1 - Tax rate)
Net income (NIEmerald) = [$32,000 - (0.10 × $125,000)] × (1 - 0.3)
Net income (NIEmerald) = $13,650
EPSEmerald = Net income/Number of shares outstanding
EPSEmerald = $13,650/22,000 shares
EPSEmerald= $0.62 per share
Difference between the earnings per share = $2.15 - $0.62
Difference between the earnings per share= $1.53
Therefore the difference in earnings per share (EPS) for the capital structure is $1.53
CHECKPOINT QUESTION
Which of the following statements about gossip in the organization is TRUE?
Only small amounts of information are carried on the grapevine of workplace
gossip.
Employees rely on each other for important information more than they rely on
their bosses.
Managers are excluded from using the grapevine to communicate or respond to
messages.
The grapevine can be used to prevent individual agendas and potential
miscommunications.
Answers
Answer:
Only small amounts of information are carried on the grapevine of workplace
gossip.
Explanation:
Grapevine is referred to as the circulation of unofficial information and rumors. Most of the communications in an organization is carried out through grapevine. It is informal communication of messages and information and also gossips in an organization. The grapevine communications carries more of accurate information than gossips. Only a small portion of the information consists of gossips in the functional grapevine.
list the methods of obtaining information about foreign employment
Answers
Explanation:
social media
new papers
personal contact
recruitment website.
Suppose that all of the numbered Diamonds and Spades from a deck of cards (excluding Ace, King, Queen, and Jack) are used to set up a market. The Diamonds determine Demand, e.g. a 10 represents a buyer with a redemption value of $10. Similarly, the Spades determine Supply. There are 9 buyers and 9 sellers, each with a single card. a) Graph supply and demand and derive the competitive price and quantity predictions. b) What is the predicted effect of removing the 3, 4, and 5 of Spades?
Answers
A deck of cards with solely numbered diamonds and spades is used to set up a market. The diamonds indicate demand, since number 2 symbolizes a buyer willing to spend $2, number 3 represents a buyer wanting to pay $3, and so on until number 10. Similarly, the spades determine supply in that number 2 denotes a seller prepared to accept a price of $2. There are nine buyers and nine sellers, each with one card. (See the attached graph)
What is the equilibrium price and quantities?A) The graph of supply and demand is shown below. When demand matches supply at a price of $6, the equilibrium is reached. The competitive price is $6, and the equilibrium quantity is 6.
What is the predicted effect of removing the 3, 4, and 5 of Spades?It is important to note that the type of trade that is taking place here is distinct. A number 2 spade is only prepared to sell to a number 10 diamond since it pays the biggest redemption.
Similarly, spade numbers 3, 4, and 5 are only prepared to sell to diamond numbers 9, 8, and 7. With their elimination, numbers 2 and 6 of spades will be able to sell to numbers 10 and 6 of diamonds, but the remaining spades will be left holding the bag.
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Hershel Greene has the right under a contract with Runway Retail, Inc., to buy the retailer’s clothing overstock. Hershel's sale of this right to Sade’s Style House is
Answers
Hershel's sale of this right is b. an assignment.
In an assignment:
an assignor transfers a contractual right to some other party the other party is called the assignee the assignee has the power to enforce the contractual rights that the assignor had.Hershel is the assignor in this scenario as they transferred rights they had on Runway Retail Inc. by means of a sale. Sade is therefore the assignee here because they received these rights.
In conclusion, this is an assignment because it has the features of an assignment.
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Options for this question include:
a. a delegation.
b. an assignment.
c. prohibited.
d. a third-party beneficiary contract.
In the context of trend analysis, what is base amount?
OA
sales of the first year
OB. difference in the sales amount of two successive years
OC sales of the current year
OD. difference in the sales amount of the first year and the current year
Answers
Answer:
The answer is "Option C".
Explanation:
Trend analysis is also an economic concept used to describe a situation wherein the market motion of a service or product, in which a company would be selling is predicted based on data in potential.
Its analysis is based on the current year's revenues, where certain conclusions can be drawn as well as how the company will develop strategies to market this service or product.
Create Transactions, a Deposit and a Report
In this exercise, you will create all the transactions for April 8, 2026, and then create a bank deposit and
report.
1. Use this information to create the appropriate transactions:
• Esther Green paid her outstanding invoice with cheque #598.
• Roy Fisher decided to hire Melanie for the custom flower design for $550 and wants to be
invoiced; Melanie reminds you apply the credit.
• Karuna Ramachandran pays both of her outstanding invoices with debit.
• One of the birthday vases Sharon McColl bought in February had a crack, so Melanie wants to
create and apply a credit memo of $25, plus HST, before she pays her invoice. Sharon then pays
the new balance with cash.
Hint: Once you create the credit, it may apply automatically depending on your settings.
• Mary Beth Dunham made a recommendation to a friend of hers to hire Melanie for their
wedding. Melanie tells Mary Beth that if her friend hires her, Melanie will give Mary Beth $75
as a credit on her next invoice for the wedding arrangements. Enter the delayed credit on Mary
Beth’s account for Sharon’s wedding.
2. Melanie will take the cheques from today’s sales and all cash received to the bank and deposit
them. You will need to record a bank deposit for those items and any debit card payments that
were also received up through April 8 (the deposit amount should be $2,570.75). Then, run an
Open Invoices report and an Unbilled Charges report for all dates.
3. Export both reports to Excel and save to your Chapter 04 folder as: CH04 Open Invoices
and CH04 Unbilled Charges 2
Answers
Using QuickBooks Online, you must begin by clicking the " Receive Payments " option. Intuit created and sells the accounting software suite known as QuickBooks.
How can transactions be created in QuickBooks?
The procedures listed below can be used to create transactions on QuickBooks Online based on transactions that have already occurred:
Choose "Receive Payment" by clicking the "+" button in the dashboard's upper right corner.
Choose "Esther Green" as the client, and then enter the sum paid as the invoice's unpaid balance. Choose "Cheque" as the payment option and input the 598-digit check number. Transaction saved.
Choose "Invoice" by clicking on the "+" symbol once again. Choose "Roy Fisher" as the client and type $550 as the balance owed. Choose Melanie's unique floral design service in the products/services area to apply the credit of $25 + GST to the bill. Transaction saved.
Refresh your browser and choose "Receive Payment" from the "+" menu. Choose "Karuna Ramachandran" as the client and input the sum owed for the two unpaid bills. Choose "Debit" as the mode of payment, then save the deal.
Choose "Credit Note" by clicking on the "+" button once again. Choose "Sharon McColl" as the customer, then input a credit amount of $25 + GST. Save the transaction and apply the credit to the birthday vase invoice.
Refresh your browser and choose "Receive Payment" from the "+" menu. When the credit has been applied, choose "Sharon McColl" as the client and input the new balance. Choose "Cash" as the mode of payment, then save the deal.
Click the "+" symbol and choose "Bank Deposit" to make a deposit. Choose the payments made by Karuna Ramachandran, Sharon McColl, and Esther Green as the deposit items, then save the transaction.
Go to the Reports tab on the left-side menu and choose "Profit and Loss" to create a report. Run the report with April 8, 2026 as the date range.
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A merchant offers a large group of items at $30\%$ off. Later, the merchant takes $20\%$ off these sale prices and claims that the final price of these items is $50\%$ off the original price. As a percentage of the original price, what is the difference between the true discount and the merchant's claimed discount
Answers
Answer:
The difference between the true discount and the merchant's claimed discount is that the true discount is 44% which is a 6% discount difference with the merchant's claimed discount of 50%.
Explanation:
If the merchant offers a 30% discount on products and then, offers a 20% discount from the price with the 30% discount that is not a 50% discount from the initial price as it would be a 44% discount. This because when the 30% discount is applied, customers will pay the 70% of the price and when the 20% discount is applied over this price, customers would be paying the 56% of the price:
70*0.2= 14
70-14= 56
This means that customers would be getting a 44% discount because:
100-56= 44
According to this, the difference between the true discount and the merchant's claimed discount is that the true discount is 44% which is a 6% discount difference with the merchant's claimed discount of 50%.
Answer:
6%
Explanation:
The first discount means that the customer will pay 70% of the original price. The second discount means a selling price of 80% of the discounted price. Because 0.80(0.70) = 0.56 = 56%, the customer pays 56% of the original price and thus receives a discount, for a difference of 50% - 44% = 6%.
Direct labor or machine hours may not be the appropriate cost driver for overhead in all areas of manufacturing due to the complexities of many manufacturing processes. Many companies use activity-based costing (ABC) which uses multiple drivers (items that consume resources) rather than just one driver to apply overhead to their activities. With ABC, a company can use a cost driver that has a direct cause/effect relationship in its applied overhead costs. Waterways looked into ABC as a method of costing because of the variety of items it produces and the many different activities in which it is involved. The activities listed below are a sample of possible cost pools for Waterways. Assembling Payroll Billing Plant supervision Digging trenches Product design Janitorial Purchasing materials Machine maintenance Selling Machine setups Testing Molding Welding Packaging For each of the above cost pools, what would be the likely activity cost driver
Answers
Answer:
Waterways Corporation
Cost Pools Possible Activity Cost Drivers
Assembling Direct labor hours
Payroll Number of employees
Billing Number of invoices
Plant supervision Number of factory workers
Digging trenches Depth of trenches
Product design Number of designs
Janitorial Floor space
Purchasing materials Units of materials
Machine maintenance Maintenance hours
Selling Units sold
Machine setups Number of machine setups
Testing Testing hours
Molding Number of units molded
Welding Machine hours
Packaging Number of units packaged
Explanation:
a) Cost Pools for Waterways:
Assembling
Payroll
Billing
Plant supervision
Digging trenches
Product design
Janitorial
Purchasing materials
Machine maintenance
Selling
Machine setups
Testing
Molding
Welding
Packaging
SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.
Answers
Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.
A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.
What are business challenges?Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.
They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.
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A researcher has determined that a two-factor model is appropriate to determine the return on a stock. The factors are the percentage change in GNP and an interest rate. GNP is expected to grow by 3.5 percent and the interest rate is expected to. be 2.9 percent. A stock has a beta of 1.3 on the percentage change in GNP and a beta. of .47 on the interest rate. If the expected rate of return on the stock is 10.2 percent, what is the revised expected return on the stock if GNP actually grows by 3.2 percent and the interest rate is 2.7 percent?
Answers
The revised expected return on the stock is 9.21%.
To calculate the revised expected return on the stock, we need to first calculate the expected return based on the given factors, and then adjust it for the actual values of the factors.
Using the two-factor model, the expected return on the stock can be calculated as
Expected return = risk-free rate + beta GNP × (expected GNP growth) + beta Interest Rate × (expected interest rate)
Given the data in the question, we have
risk-free rate = 2.9%
betaGNP = 1.3
expected GNP growth = 3.5%
beta Interest Rate = 0.47
expected interest rate = 2.9%
Substituting these values into the formula, we get
Expected return = 2.9% + 1.3×(3.5%) + 0.47×(2.9%) = 9.69%
So the expected return on the stock based on the given factors is 9.69%.
To adjust this for the actual values of the factors, we need to calculate the contribution of each factor to the overall return, and then adjust it based on the actual values.
Contribution of GNP factor = betaGNP×(actual GNP growth - expected GNP growth)
Contribution of interest rate factor = betaInterestRate×(actual interest rate - expected interest rate)
Substituting the actual values of the factors, we get
Contribution of GNP factor = 1.3×(3.2% - 3.5%) = -0.39%
Contribution of interest rate factor = 0.47×(2.7% - 2.9%) = -0.09%
So the total adjustment to the expected return is -0.39% - 0.09% = -0.48%.
Therefore, the revised expected return on the stock is
Revised expected return = Expected return + Total adjustment
= 9.69% - 0.48% = 9.21%
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WHich of the following is not a type of skill needed by effective leaders?
Answers
Answer:
WHich of the following is not a type of skill needed by effective leaders?
Answer. power hankering skil
For this discussion, you should put yourself in the role of a moderator as you:
Answers
Unions are organizations that represent workers in a particular industry or profession. Their primary goal is to protect the rights and interests of workers by negotiating better wages, benefits, and working conditions.
What are the policies of the Union?Unions are organizations formed by workers to protect their interests and rights in the workplace. They advocate for collective bargaining, fair wages and benefits, workplace safety, non-discrimination, job security, training and education, and political advocacy.
What are the labor laws?Labor laws are laws that govern the relationship between employers and employees in the workplace. Examples include minimum wage laws, overtime laws, anti-discrimination laws, health and safety laws, leave laws, unionization laws, and employment contract laws. These laws govern the rights of employees to form and join unions and establish the legal requirements for collective bargaining.
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What are unions? What are their roles and policies?
Blossom Corporation’s balance sheet at the end of 2019 included the following items.
Current assets (Cash $82,000) $236,770 Current liabilities $151,770
Land 31,770 Bonds payable 101,770
Buildings 121,770 Common stock 181,770
Equipment 91,770 Retained earnings 45,770
Accum. depr.-buildings (31,770 ) Total $481,080
Accum. depr.-equipment (11,000 )
Patents 41,770
Total $481,080
The following information is available for 2020.
1. Net income was $55,870.
2. Equipment (cost $21,770 and accumulated depreciation $9,770) was sold for $11,770.
3. Depreciation expense was $5,770 on the building and $10,770 on equipment.
4. Patent amortization was $2,500.
5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,770.
6. An addition to the building was completed at a cost of $28,770.
7. A long-term investment in stock was purchased for $16,000.
8. Bonds payable of $51,770 were issued.
9. Cash dividends of $30,000 were declared and paid.
10. Treasury stock was purchased at a cost of $11,000.
Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Prepare a balance sheet at December 31, 2020. (Show only totals for current assets and current liabilities.) (List Property, Plant and Equipment in order of Land, Building and Equipment.)
Thanks in advance!
Answers
The preparation of a statement of cash flows and balance sheet for 2020 for Blossom Corporation is as follows:
1. BlossomCorporation Corporation
Statement of Cash FlowsFor the year ended December 31, 2020
Operating Activities:Net Income $55,870
Add Non-Cash Expense:
Loss from sale of equipment 230
Depreciation Expenses 16,540
Amortization Expense 2,500
Adjusted cash $75,140
Changes in working capital:
Increase in current assets (29,000)
Increase in current liabilities 14,770
Cash from operations $60,910
Investment Activities:Sale of equipment $11,770
Building cost (28,770)
Investment in stock (16,000)
Cash from investments ($33,000)
Financing Activities:Bonds payable $51,770
Dividends payment (30,000)
Treasury stock (11,000)
Cash from financing $10,770
Net cash flow $38,680
2. Blossom Corporation
Balance Sheet at the end of 2020Current assets $304,450
Land $31,770
Buildigs $150,540
Equipment $70,000
Accum. depr.-buildings ($37,540)
Accum. depr.-equipment ($12,000)
Long-term stock investment 16,000
Patents 41,770
Amortization of Patents (2,500)
Total assets $562,490
Current liabilities $166,540
Bonds payable $153,540
Common stock $170,770
Retained earnings $71,640
Total liabilities + Equity $562,490
What are Statements of Cash Flows and Balance Sheets?Statements of cash flows and balance sheets are two of the main financial statements prepared periodically by an entity.
The statement of cash flows shows the cash flows from operating, investing, and financial activities.
The balance sheet shows the financial position (assets, liabilities, and equity) of an entity at a point.
Data and Calculations:Blossom Corporation
Balance Sheet at the end of 2019Current assets
(Cash $82,000) $236,770 Current liabilities $151,770
Land 31,770 Bonds payable 101,770
Buildings 121,770 Common stock 181,770
Equipment 91,770 Retained earnings 45,770
Accum. depr.-buildings (31,770 ) Total $481,080
Accum. depr.-equipment (11,000 )
Patents 41,770
Total $481,080
Ending Cash balance = $120,680 ($82,000 + 38,680)
Current assets = $304,450 (236,770 + $29,000 + $38,680)
Land = $31,770
Buildigs = $150,540 ($121,770 + $28,770)
Equipment = $70,000 ($91,770 - $21,770)
Accum. depr.-buildings = $37,540 (31,770 + 5,770)
Accum. depr.-equipment = $12,000 (11,000 - 9,770 + 10,770)
Long-term stock investment 16,000
Patents 41,770
Amortization of Patents (2,500)
Current liabilities $166,540 (151,770 + 14,770)
Bonds payable $153,540 (101,770 + 51,770)
Common stock $170,770 (181,770 - 11,000)
Retained earnings $71,640 (45,770 + $55,870 - 30,000)
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all of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc.
Answers
Personal finance refers to the management of an individual's or a family's money, including income, expenses, saving, investing, and budgeting.
It also encompasses financial planning, such as setting financial goals and creating a plan to achieve them, as well as managing debt and understanding credit. Income management: Personal finance includes managing one's income, whether it comes from employment, investments, or other sources. This includes budgeting, tracking expenses, and making sure that income is sufficient to meet necessary expenses.
Saving and Investing: Personal finance also involves setting money aside for future expenses, such as retirement or unexpected expenses. This includes creating a savings plan, setting financial goals, and selecting appropriate investment vehicles.Budgeting: Personal finance involves creating and sticking to a budget, which is a plan for how to allocate money to different expenses. This includes identifying fixed expenses, such as rent or mortgage payments, as well as variable expenses, such as entertainment or dining out.Debt management: Personal finance also includes managing debt, such as credit card debt, student loans, or mortgages. This can involve creating a plan to pay off debt, consolidating debt, or seeking professional help.Financial Planning: Personal finance also includes financial planning, which is the process of setting financial goals and creating a plan to achieve them. This may involve creating a retirement plan, creating a plan for saving for a down payment on a home, or creating a plan for paying for children's education.To know more about Personal finance:
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MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
Answers
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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Sadie is a reporter who has researched an in-depth article about the prevalence of mercury found in local fish. During her investigation she finds that although a few fish have been caught with high levels of mercury, for the most part, they are rare. Considering that Sadie’s organization needs to sell ad space, which title will she MOST likely pick for this article?
A.
No Cause for Alarm with Local Fish
B.
Few Fish Affected by Mercury, Study Finds
C.
Mercury Levels Not an Issue Here
D.
Toxic Ingredients in Local Seafood
Answers
The title that Sadie is most likely to pick for the article, considering that her organization needs to sell ad space, is B. Few Fish Affected by Mercury, Study Finds.
Why is the title appropriate ?The title of Sadie's investigation accurately portrays the rarity of local fish with high mercury levels. It puts forward an optimistic perspective by emphasizing the low incidence of mercury within these aquatic species, possibly sparking interest from advertisers and readers.
However, choosing option A which says No Need to Worry About Local Fish, may undermine concerns related to mercury poisoning risks in fish, hindering engagement from people and marketers alike.
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Which of the following statements accurately describes how an event will impact supply? Choose 1 answer: Choose 1 answer: (Choice A) A An increase in costs of production will cause an increase in the supply curve (Choice B) B An increase in demand will cause an increase in supply (Choice C) C An increase in price will cause supply to increase (Choice D) D A decrease in price will cause supply to increase (Choice E) E A decrease in resource costs will cause an increase in the supply curve
Answers
The statement that accurately describes how an event will impact supply is option B An increase in demand will cause an increase in supply.
What happens when supply and demand both rise?If demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will, however, depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are willing to supply each unit at a lower price.
Therefore, With everything else remaining the same, an increase in demand will result in a rise in the equilibrium price and an increase in supply. Reduced demand will result in a drop in the equilibrium price and a reduction in supply.
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Direct labor is ______.
Answers
Direct Labour is the sum of money given to employees who are directly involved in the manufacturing of items. It varies in direct proportion to production level.
What distinguishes direct from indirect labour?
Only labour engaged in the manual production of products and services is regarded as direct labour, which is how direct labour differs from indirect labour. Indirect labour is the default classification for all other work.Is the cost of direct material fixed?
A prime example of a variable cost is the price of direct materials. Remember that a fixed cost is one that keeps the same overall and reduces as a result per unit as the activity level rises.What is an example of indirect labour?
The production manager, the buying staff, the material handling staff, the material management staff, and the quality control staff are a few examples of indirect labour employment.To know more about labour, check out this link:
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Recruiting for field research will take a week longer than expected. However, Ria told you that the project end date is a hard deadline. What can you do?
Think of the triple constraint and remember that one of them will always have the priority. So if time is a constraint, what areas might Ria adjust to reduce
the time in the project? Write 2-3 sentences.
What do you think?
Your answer cannot be more than 10000 characters.
4. Situation 3
After the stakeholders are on the project scone Pis finde
Answers
Ria was able to adjust costs, and employ many recruitment techniques and new product ideas, technical constraints, and design considerations in order to speed up the project.
What is the time constraint in the project?Recruitment for field studies will take a week longer than expected. But Ria let you know that the project's completion date is a tight deadline. Note that given the 3 constraints, 1 of the 3 always takes precedence & she has Limited time only.In this case, a budget constraint is required to save costs.Additional ResourcesReduce project time and scope.Using Project Management ToolsTime is of the essence here. Various recruitment methods can be used to recruit within the limited time frame of field researchvirtual reality interviewsonline forums and social mediaembedding AI into websites such as LinkedIn.In this case, size is the limiting factor. Identify low-priority project components to make room for new product ideas, technical constraints, and design considerations.to know more about field study refer to:
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What is the definition of gross income?
Answers
Gross income refers to the total income earned by an individual, business, or entity before any deductions or expenses are subtracted.
Gross income is typically calculated on an annual basis, representing the total income earned over a specific period, usually a fiscal year. It serves as a starting point for determining taxable income, which is the amount on which taxes are assessed.
It is important to note that gross income does not account for any deductions or expenses, such as taxes, operating costs, depreciation, or other business expenses. These deductions are subtracted from the gross income to arrive at the net income or taxable income, which is the actual amount on which taxes are levied.
For individuals, gross income includes wages or salaries earned from employment, income from self-employment or freelancing, rental income, investment income, and other sources. It is reported on the individual's tax return and is used to determine their tax liability.
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Lowe's is the second-largest home improvement retailer in the world, with 2,002 stores. During its fiscal year ended in February 2019, Lowe's purchased merchandise inventory at a cost of $49,569 ($ millions). Assume all purchases were made on account and accounts payable is only used for inventory purchases. The following T-accounts reflect information contained in the company's February 2018 and 2019 balance sheets. Merchandise Inventories Feb. 2018 Bal. 8,911 Feb. 2019 Bal. 9,458 Accounts Payable 5,124 Feb. 2018 Bal. 5,633 Feb. 2019 Bal. a. Use the financial statement effects template to record Lowe's purchases during fiscal year ended February 2019. Use a negative sign with answers, if appropriate. Balance Sheet Income Statement Transaction Cash Asset Noncash Assets
Answers
The financial statement effects template records Lowe's purchases for the fiscal year ended February 28, 2019 as follows:
Transaction Assets = Liabilities + Equity
Purchases $0 + $49,569 = $49,569 + $0
Inventory Accounts Payable
The accounts equally affected by the purchases on account are the Inventory and the Accounts Payable.
Data Analysis:
Merchandise Inventory $49,569 Accounts Payable $49,569
Thus, with the purchases of merchandise during the fiscal year at a cost of $49,569, the Assets (inventory) and Liabilities (accounts payable) are increased by the same amount.
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How much are Caleb’s regular monthly expenses?
Answers
Explanation:
Caleb's short term goals involve gaining more experience, responsibility, and knowledge in his field.