Management finds the variation in quarterly unit product costs to be confusing. It has been suggested that the problem lies with manufacturing overhead because it is the largest element of total manufacturing cost. Accordingly, you have been asked to find a more appropriate way of assigning manufacturing overhead cost to units of product. Required: 1. Assuming the estimated variable manufacturing overhead cost per unit is $0.60, what must be the estimated total fixed manufacturing overhead cost per quarter? 2. Assuming the assumptions about cost behavior from the first three quarters hold constant, what is the estimated unit product cost for the fourth quarter? 3. What is causing the estimated unit product cost to fluctuate from one quarter to the next? 4. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates, calculate the unit product cost for all units produced during the year.

Answers

Answer 1

Question Completion:

Company A makes a single product that is subject to wide seasonal variations in demand.  The company uses a job-order costing system and computes predetermined overhead rates on a quarterly basis, using the number of units to be produced as the allocation base.  Its estimated costs, by quarter, for the coming year are given below:

                                                                             Quarters

                                                   First            Second     Third          Fourth

Direct materials                      $240,000   $120,000   $60,000   $180,000

Direct labor                                 96,000       48,000      24,000      72,000

Manufacturing overhead         228,000     204,000    192,000         ?

Total manufacturing costs    $564,000   $372,000 $276,000         ?

Number of units produced        80,000       40,000     20,000      60,000

Estimated unit product cost     $7.05          $9.30       $13.80           ?

Answer:

Company A

1. Total fixed manufacturing overhead cost per quarter:

                                                                             Quarters

                                                   First            Second     Third          Fourth

Fixed manufacturing o/h       $180,000    $180,000   $180,000   $180,000

2. Estimated unit product cost for the fourth quarter:

= Total manufacturing costs divided by estimated units produced

= $468,000/60,000 = $7/80

3. The fluctuation in the estimated unit product cost is caused by the fixed manufacturing overhead vis-a-vis the units produced.  When more units are produced, the fixed manufacturing overhead per unit is less than when less units are produced.

4. Calculation of the unit product cost for all units produced during the year = total manufacturing costs divided by total units produced

= $1,680,000/200,000

= $8.40

Explanation:

Data and Calculations:

a) Estimated variable cost = $0.60

                                                                             Quarters

                                                   First            Second     Third          Fourth

Direct materials                      $240,000   $120,000   $60,000   $180,000

Direct labor                                 96,000       48,000      24,000      72,000

Manufacturing overhead         228,000     204,000    192,000     216,000

Total manufacturing costs    $564,000   $372,000 $276,000  $468,000

Number of units produced        80,000       40,000     20,000      60,000

Estimated unit product cost     $7.05          $9.30       $13.80         $7.80

b) Variable manufacturing overhead = $0.60 * units produced

                                                                             Quarters

                                                   First            Second     Third          Fourth

Number of units produced        80,000       40,000     20,000     60,000

Variable manufacturing

 overhead (units * $0.60)       $48,000     $24,000     $12,000     $36,000

c) Fixed manufacturing overhead = Total manufacturing overhead minus variable manufacturing overhead

Manufacturing overhead       $228,000   $204,000   $192,000   $216,000

Variable overhead                    $48,000     $24,000     $12,000     $36,000

Fixed manufacturing o/h        $180,000    $180,000   $180,000   $180,000

d) Total manufacturing costs per annum:

Total manufacturing costs    $564,000   $372,000 $276,000  $468,000

= $1,680,000

Number of units produced        80,000       40,000     20,000      60,000

Total units produced = 200,000 units


Related Questions

With practical illustration, discuss how managers can leverage on organizational behaviour components to maximize business success.

Answers

Answer:  

Within every organisation that is made up of humans, people are usually placed in groups and units. Because these units collectively make up the organisation, it is important to understand how people behave when they are placed in them. The study of the above is referred to as Organisational Behaviour.  

When discussing Organisational Behavior, one has to look at the following:  

1. People: Every organisation needs the right people to survive. It needs strong leadership and competent people who are culture fit with the ability to key into the vision, mission and objectives of the organisation and run with it with minimal supervision.  

Practically speaking, let's assume Tendon LLC is a start-up, the culture of the organisation will most likely reflect the values, habits and tendencies of the CEO. If the CEO values partnerships, integrity, quality, he'd lookout for those qualities in the heads of departments who he'd hire to manage units within the organisation. Those, in turn, will do the same. The extent to which such values are implemented will determine the success of the organisation, to a large extent.  

Leadership: Companies that can develop leaders the fastest will eventually win in the market place. For the sake of this explanation, let's say Leadership is the ability to influence others towards the attainment of organisational goals which are ethical and profitable and to make them love doing it.  

Strong and quality leadership prevents high attrition rates and ensure cohesion within teams. If Tendon LLC, for instance, enters the market with a stronger team that Reflex LLC who has been in the business for 15 years, the probability that Tendon will kick Reflex out of the market is high. One of the attributes of leaders are they groom other leaders quickly, they share information rather than hoard them, as they share what they know, they learn more and have more to share thus there is a free and increasing flow of knowledge.  

Other attributes of good leadership are accountability and ownership mentality. Leaders don't own the business but they show up every day like they own it and put in the work like they would if they own it. Contrast the above with Reflex who has staff that only show up to work because they have to and do only the bit they are required to.  

2. Structure: This simply refers to the various formal relationships that have been created within the organisation for the effective working of the same. For example, there is the Accounting Unit, Human Resources Unit, Marketing Unit, Customer Care Unit, Board of Directors, Executive Management etc.  

The relationship between each of these units/ roles servers to clarify reporting structures thus removing any ambiguity with the contractual, political and power relationships between the organisation.  

3. Technology: Technology in some industries has replaced a lot of jobs. The purpose of technology is to make life and work simpler, easier. However, in certain industries, for instance, robots have taken over the jobs of millions of people. This simply means that the future of organisations cannot exist without technology. Looking at it from the entrepreneur’s perspective, it is cheaper in the long run to have robots. Robots don't take sick and maternity leaves, come late to work or feel bad. They simply get the job done. This means more profit in the long run.

4. Social System:  

Where ever there is a group of people, organised towards a common goal, a social system is most likely to emerge. The values, attributes, personality and thinking of the leaders in any organisation will always influence its social system/ culture. Just like it is important to form healthy habits as an individual, an organisation must form social systems that are healthy and critical to the attainment of its organisational objectives.  

Automattic Inc --an American company-- for instance, has successfully codified its social system such that as employees are coming on board, this is communicated to them and they sign off on it. Thus, it becomes like a social contract which will guide their behavior during their stay there.  

5. Environment  

Every organisation must take into cognisance its internal and external environments. If the external environment is conducive for business, then there is one less factor to worry about. If however, just like in recent times, workers cannot come physically to work due to a pandemic, the behaviour of the organisation is altered. If they do not quickly adjust their operations to accommodate this new behaviour, it will translate to the loss of man-hours, loss of value to customers, loss of customers and ultimately an erosion of the bottom line of the business.  So is the internal environment. The internal environment must be conducive for employees to work. The environment must be such that encourages and elicits creativity, problem-solving, teamwork and cohesion.  

Cheers!  

On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*​

Answers

Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.

To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:

1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.

2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.

3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.

4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.

5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.

6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.

7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.

By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.

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which is one of the greatest risks of being entrepreneur

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One of the greatest risks of being entrepreneur is the risk of business failure

What is one of the greatest risks of being entrepreneur?

One of the greatest risks of being an entrepreneur is the possibility of business failure. Starting a new business is inherently risky, as there is no guarantee that the business will be successful.

Entrepreneurs may invest significant time, money, and resources into their businesses, but still be unable to generate sufficient revenue to cover their costs or turn a profit. Business failure can be financially and emotionally devastating for entrepreneurs, as well as damaging to their reputation and future career prospects.

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[The following information applies to the questions displayed below.]


On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.

Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.

2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.

(Interest Expense does not equal 12800)

Answers

To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.

1. Bond Issue on January 1, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  January 1, 2024   Cash                     $293,938

                                     Bonds Payable                $320,000

  To record the issuance of $320,000 face value bonds at a discounted price of $293,938.

2. Semiannual Interest Payment on June 30, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  June 30, 2024      Interest Expense    $14,400

                                  Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.

3. Semiannual Interest Payment on December 31, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  December 31, 2024   Interest Expense    $14,400

                                      Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.

Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.

Use context clues to explain the meaning of the word interdependence in your own words.

Use context clues to explain the meaning of the word interdependence in your own words.

Answers

Being dependent on multiple things

A landlord plans to take out a $12,000 loan to cover the cost of a new roof for a rental home. If the loan has a 5% annual interest rate compounded continuously and the landowner plans to pay off the loan in 16 months, what is the total amount owed?.

Answers

Applying the formula for compound interest, the ultimate payment for a principal of $12,000 that has been constantly compounded at a rate of 5% is $13,097.31.

How Much Is Compound Interest?

The interest on a deposit or loan that is calculated on both the initial principal and the cumulative interest from earlier periods is called compound interest. It is interest on interest, or the payment of interest on top of the principal amount of a loan or deposit. It occurs when interest is reinvested rather being paid out, resulting in interest being generated on the principle amount plus interest that has already accrued in the subsequent period.

Compound interest is calculated as follows:

A=P(1 + r/n)nt

A is for compound interest.

Principal =

r = rate

n = amount multiplied by that amount

t = time

The replacement of

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Answer:

12,827.27

Explanation:

The formula for the total amount owed on a continuously compounded loan is:

A = P * e^(rt)

Where:

A = the total amount owed

P = the principal (the amount borrowed)

e = Euler's number (approximately 2.71828)

r = the annual interest rate

t = the time in years

To find the total amount owed on this loan, we need to convert the annual interest rate to a continuous rate and the time to years:

r = 0.05 / 12 = 0.0041667

t = 16 / 12 = 1.3333

Plugging in the given values, we get:

A = 12000 * e^(0.0041667 * 1.3333)

A = 12827.27

Therefore, the total amount owed on the loan is $12,827.27. The answer is closest to option (B) $12,827.27.

t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1

Answers

$6,28,363  the firm increase its inventory without its current ratio falling below 2.1    

Current ratio = Current asset / current liability

Increasing inventory would increase the current asset.

We assume the additional inventory = L

So new current asset  = L + $2,505,600

New current liability   = L + $864,000

So,  L + $2,505,600÷ L + $864,000 = 2.1

By solving L we get, L= $6,28,363

In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.

Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets

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One of Shanice's team members is not happy with their performance review and refuses to accept the rating she gave. What should Shanice do?

Answers

Shanice should aim to resolve the issue through open communication, active listening, and a willingness to address the team member's concerns.

Listen and understand: Shanice should create an open and safe space for the team member to express their concerns. She should actively listen and seek to understand their perspective. This demonstrates empathy and shows that she values their input.

Provide clarity: Shanice should provide a clear explanation of the performance review process, including the criteria used to evaluate performance and the specific examples that led to the assigned rating. This can help address any misunderstandings or misconceptions.

Address concerns and offer feedback: Shanice should address the team member's specific concerns and provide constructive feedback. She can highlight areas for improvement and offer guidance on how to enhance performance. It's important for Shanice to focus on specific behaviors and outcomes rather than personal attacks or generalizations.

Seek input and involve the team member: Shanice can ask the team member for their suggestions on how to improve their performance or address their concerns. Involving them in the process can foster a sense of ownership and encourage collaboration.

Consider a reevaluation: If Shanice believes there may have been an oversight or if the team member presents compelling evidence, she can consider a reevaluation of the performance review. This may involve gathering additional feedback or revisiting the evaluation criteria.

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The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a single payment at maturity.

Years to Maturity Price (% of face value)
1 96.852%
2 93.351
3 89.544
4 85.480
a) What is the 1-year interest rate?
b) What is the 2-year interest rate?
c) What is the 3-year interest rate?
d) What is the 4-year interest rate?
e) Is the yield curve upward-sloping, downward-sloping, or flat?
f) Is this the usual shape of the yield curve

Answers

a) The 1-year interest rate is 3.25%.

b) The 2-year interest rate is 7.12%.

c) The 3-year interest rate is 11.68%.

d) The 4-year interest rate is 16.99%.

e) The yield curve is always upward-sloping.  With increased time to maturity, interest rate increases to compensate for the increased risks associated with a longer term.

f) Yes.  The usual shape of the yield curve is upward-sloping because short-term securities generate lower yields than long-term debt instruments.

What is the interest rate?

The interest rate is the compensation for undertaking financial risks in view of the time value of money.

The interest rate depends on two factors, the maturity period and the implied risks involved.

The interest rate can be computed using the following yield-to-maturity formula:

YTM Formula = (100%/Price %) - 1

Years to      Price (% of       Interest rate =

Maturity      face value)     (100%/Price %) - 1

1                    96.852%        3.25% (100/96.852 - 1)

2                   93.351%         7.12% (100/93.351 - 1)

3                   89.544%       11.68% (100/89.544 - 1)

4                   85.480%      16.99% (100/85.480 - 1)

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An investment will pay you $24,000 in 7 years. The appropriate discount rate is 6 percent compounded daily. What is the present value

Answers

Answer:

$15,769.67

Explanation:

The formula for determining present value is

FV x (1 + r/m)^-mn = P  

FV = Future value  

P = Present value =  $24,000

R = interest rate = 6%

N = number of years = 7

m = number of compounding = 365

$24,000 x ( 1 + 0.06/365)^-365 x 7 = $15,769.67

The government uses fiscal policy to manage the economy by:
O A. deciding what percentage of citizens should be unemployed.
B. deciding how much money should circulate through the economy.
C. deciding whether more spending is needed to
support the
economy.
D. deciding which companies will succeed and which will fail.

Answers

The government uses fiscal policy to manage the economy by deciding whether more spending is needed to support the economy. Thus, option 'C' is the correct option.

What is fiscal policy?

The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty. During the recent global economic crisis, when governments intervened to stabilize financial institutions, spur development, and lessen the impact of the crisis on vulnerable individuals, the function and goals of fiscal policy rose to prominence.

The leaders of the Group of 20 industrial and emerging market nations said that they were engaging in "unprecedented and concerted budgetary growth" in the communiqué that followed their summit in London in April 2009. Monetary policy and fiscal policy are the two major instruments available to policymakers when they want to affect the economy.

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Once you purchase a house. It typically appreciates in value. Appreciation is
A. an increase in value
B. stability in value
C. polite
D. a decrease in value​

Answers

Answer:

A.

Explanation:

Appreciation means that something increases in value therefore it is A.

Accounts Receivable from sales to customers amounted to $80,000 and $70,000 at the beginning and end the year, respectively. Income reported on the income statement for 2022 was $252,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

Answers

Answer:

$332,000

Explanation:

Cash flow from operating activities

Net Income                                                                                  $252,000

Adjust for changes in working capital items :

Decrease in Accounts Receivable ($80,000 - $70,000            $80,000

Net Cash Provided by Operating Activities                              $332,000

Conclusion

the cash flows from operating activities to be reported on the statement of cash flows is $332,000

Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.

Answers

A company can issue different types of preference shares. Preference shares are shares in the equity of a company that entitle the holder to a fixed dividend amount to be paid by the issuer. The types of preference shares are:
Cumulative preference shares: These are types of shares where shareholders are given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Non-cumulative preference shares: These are types of shares where shareholders are not given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Participating preference shares: With participating preference shares, the issuing company must pay an increased dividend to the owners of preference shares if there is a participation clause in the share agreement. This clause states that a certain portion of earnings (or of the dividends issued to the owners of common stock) will be distributed to the owners of preferences shares in the form of additional dividends.
Convertible preference shares: These are preference shares that can be converted into common stock if a shareholder wants to change its holding position. They are converted into a predetermined number of preference stocks.
Non-convertible preference shares: These are preference shares where the holder of a preference share has not been conferred the right to get their holding converted into equity share.
Redeemable preference shares: These are preference shares that can be repurchased or redeemed by the issuing company at a fixed rate and date.
In summary, a company can issue different types of preference shares, including cumulative, non-cumulative, participating, convertible, non-convertible, and redeemable preference shares.

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?

Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from
Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from

Answers

The implied earnings yield be 4.1%.

Thus, the correct option is B.

What do you mean by earnings?

The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.

EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.

Earnings are the sum of money that a person or organization receives over a specific time period.

They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.

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What is the interest expense on December 31?

What is the interest expense on December 31?

Answers

The interest expense on December 31 of the first year is $5,250.

What is the interest expense on bonds?

The interest expense for a bond that has the same coupon rate as the market rate is always the same for all periods of the bond.

This shows that the bond was issued at neither premium nor discount but at par.

Data and Calculations:

N (# of periods) = 20

I/Y (Interest per year) = 7.5%

PMT (Periodic Payment) = $5,250 ($140,000 x 7.5% x 1/2)

FV (Future Value) = $140,000

Results:

PV = $140,000.00

Sum of all periodic payments = $105,000 ($5,250 x 20)

Total Interest = $105,000

Schedule

Period        PV              PMT           Interest        FV

1           $140,000     $5,250 $5,250    $140,000

2          $140,000    $5,250         $5,250   $140,000

Thus, the interest expense on December 31 of the first year is $5,250.

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Question 1 You recently inherited investments from a relative. What resource should you use to validate the permissibility of the investments?​

Answers

Liquidity is the resource that you would have to use to validate the permissibility of the investments.

What is meant by the permissibility of the investments?​

The investments that the Employer has designated as acceptable for using Trust assets for investment and that the Trustee has approved are referred to as Permissible Investments. In the Service Agreement, a list of the Plan's permitted investments must be included.

A financial asset is an investment in finance if it is purchased with the expectation that it will increase income or be sold at a profit at a later date.

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Southern Distributors, Incorporated, supplies ice cream shops with various toppings for making sundaes. On November 17, 2024, a fire resulted in the loss of all of the toppings stored in one section of the warehouse. The company must provide its insurance company with an estimate of the amount of inventory lost. The following information is available from the company's accounting records:

Southern Distributors, Incorporated, supplies ice cream shops with various toppings for making sundaes.

Answers

you must preserve important points of:

All profits and expenditure.

Assets owned by means of the company.

Stock the company owns at the end of every economic year.

The stocktakings used to work out the inventory figure.

Company liabilities.

Amounts owed to or due to the company.

Which of the following is an accounting record?

Accounting data include records of belongings and liabilities, monetary transactions, ledgers, journals, and any assisting files such as exams and invoices.

What are accounting information examples?

Examples of accounting documents are the everyday ledger, all subsidiary ledgers, invoices, bank statements, cash receipts, and checks.

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1. Describe how brainstorming, creative thinking, and observations can be used to develop new enterprise ideas.
2. Explain why you would start your own business instead of buying an existing one.

Answers

When tackling problems, students use brainstorming to hone or expand their higher-order thinking abilities. stimulates original ideas. All students are encouraged to contribute their ideas during a brainstorming session, regardless of how absurd they may sound to others. This encourages pupils to think creatively and beyond the box.

How does brainstorming help to create new ideas?

Brainstorming blends lateral thinking with a loose, informal approach to issue resolution. It inspires people to have ideas and thoughts that may initially appear a little strange. Some of these concepts may be developed into novel, inventive responses to issues, while others can generate even more concepts.

In order to address difficulties and come up with novel ideas, brainstorming promotes open and continuous cooperation. Teams may quickly develop a vast number of ideas through brainstorming, which can then be improved upon and combined to provide the optimal solution.

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why is barter inefficient?

Answers

Answer:

People didn't want to trade their goods for other goods anymore.

Explanation:

People wanted to have both their item and another item (which they wanted to buy). Then currency was invented.

Who implements incident response programs to detect security vulnerabilities and breaches?
A. Policy Management
B. Risk Management
C. Information Security Management
D. Governance of Information

Answers

The implementation of incident response programs to detect security vulnerabilities and breaches is typically the responsibility of Information Security Management.

This function is responsible for the development, implementation, and maintenance of information security policies, procedures, and standards. Incident response programs are a critical component of an organization's information security strategy, as they help to identify, respond to, and recover from security incidents that may compromise the confidentiality, integrity, or availability of an organization's data or systems. Information Security Management is also responsible for conducting risk assessments to identify potential security threats and vulnerabilities, and for implementing controls and measures to mitigate those risks. By implementing incident response programs, Information Security Management can detect and respond to security incidents promptly, minimizing the impact on the organization and ensuring the confidentiality, integrity, and availability of its information assets.

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At the end of the closing process, Income Summary will hold a balance.

a) True
b) False

Answers

Answer:

False. Have a Good day I hope this helps

Explanation:

Which of the following is an example of a price?
a) liquidity
b) operating costs
c) value

Answers

The answer is liquidity (A)

Liquidity  is an example of a price. The appropriate response is option A.

What is liquidity ?

When a financial asset or security may be quickly and easily converted into cash without depreciating in value, this is referred to as having liquidity. Cash alone is the most liquid of all the assets.

The term "liquidity" describes how quickly and easily a security or asset can be turned into cash without depreciating in value.

The most liquid asset is cash, while the least is tangible goods. Market liquidity and accounting liquidity are the two primary types of liquidity.

The most popular methods for assessing liquidity are current, quick, and cash ratios. The degree to which an item can be swiftly purchased or sold on the market at a price reflecting its intrinsic value is referred to as liquidity. 

Due to its ease and speed of conversion into other assets, cash is regarded as the most liquid asset. Real estate, fine art, and collectibles are examples of tangible goods that are all rather illiquid.

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Please help with the highlighted part. this is a practice essay

Please help with the highlighted part. this is a practice essay

Answers

Answer:

Expansion: A speedup in the pace of economic activity defined by high growth, low unemployment, and increasing prices.

Peak: The upper turning point of a business cycle and the point at which expansion turns into contraction.

Contraction: A slowdown in the pace of economic activity defined by low or stagnant growth,...

there you go hope you consider brainliest

Explanation:

What constant-growth rate in dividends is expected for a stock valued at $32.40 if next year's dividend is forecast at $2.20 and the appropriate discount rate is 13.6%

Answers

Answer: 6.81%

Explanation:

To calculate the growth rate, we'll use the formula:

Price = Expected Dividend / Discount - Growth rate

32.40 = 2.20 / 13.60% - Growth rate

13.6% - Growth rate = 2.20/32.40

Growth rate = 13.60% - 6.79%

Growth rate = 6.81%

Complete the statement below by choosing either imply or infer.

Am I to from your sitting in front of the TV that you don't need to study for the exam?

Answers

Inferring that you don't need to study for the exam by watching TV, if I may assume so.

Study can also indicate research, which is a method of gaining new knowledge. Learning strategies and study skills. A room in the home that functions similarly to a home office is the study. Drawings made prior to a larger work of art are called studies. Studying is crucial for the development of personal talents in addition to schooling. Your self-esteem, competence, and confidence can all increase with effective study techniques. Furthermore, it aids in lowering tension and stress related to tests and deadlines. Active listening, reading comprehension, taking notes, managing stress, managing time, taking tests, and remembering are all skills. You learn more about historical events, current activities, and future developments by studying.

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definition of resource orchestration

Answers

Answer:

Resource orchestration refers to the processes of structuring a firm's resource portfolio, bundling resources into capabilities, and leveraging configuration of capabilities to generate various organizational outcomes.

Which is one of the greatest benefits of being an entrepreneur?

Question 2 options:

Schedule control


Meeting new people


Paying less taxes


Quick return on investment

Answers

One of the greatest benefits of being an entrepreneur is Schedule control. Thus the correct option is A.

What is an Entrepreneur?

An entrepreneur is refer to an individual who works to innovate new products and processes based on their unique ideas in order to make ease of life. This is a business where a risk-taking attitude is appreciated.

It helps in schedule control by becoming your own boss. Entrepreneur decides where to work and with whom they need to Work. All the decision-making is done by them.

Therefore, option A Schedule control is appropriate.

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What is market environment

Answers

Answer:

The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.

Explanation:

The internal factors relate to the company itself, such as owners, workers, materials, components, etc.

The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.

Refer to the figure below and assume that the values for points a, b, and c (the combined value of consumer goods and capital goods)
are $10 billion, $20 billion, and $18 billion, respectively.

Refer to the figure below and assume that the values for points a, b, and c (the combined value of consumer

Answers

A. The annual rate of economic growth will equals to 7%.

B. The production capacity will fall short of 10%.

What will be annual rate of economic growth?

If this economy moves from point A to point B over a 10-year period, its annual rate of economic growth will be as follows:

Rate of growth = (70/ years to double). The economy moves from point a to point b over a 10-year period, then, the rate of growth:

= 70/10

= 7%

What will be the % fall short of its production capacity?

If the economy was at point C at the end of the 10-year period, the percentage that it fall short of its production capacity will be as computed below:

Given that the Actual production is at point c, $18 billion, short of production capacity, the fall short is computed as follows:

= (amount short/ $20 billion)

= $2/20

= 10%

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