Pat has Been riding informal proposals for more than 20 years. At feels that many people forget the call for action and present the reader with the offer prior to signing a binding contract. What component is Pat focusing on. A. Request for authorization B. Budget C. Introduction D. Background
Answers
Answer:
D. Budget
Explanation:
Pat has Been riding informal proposals for more than 20 years. Pat feels that many people forget the call for action and present the reader with the offer prior to signing a binding contract.
This offer prior to signing a binding contract is a form of background work not an introduction neither is it request for authorization or budget.
It's not in the protocol of contract signing but it's a special way to have your contract signed.
Related Questions
3. There is lots of oil in the world. Would the price of oil increase or decrease in price? Why
Answers
Look at the Data Below then answer/calculate the totals in the questions that follow.
Entrepreneur's potential earnings as a salaried worker = $50,000
Annual lease on building = $22,000
Annual revenue from operations = $380,000
Payments to workers = $120,000
Utilities (electricity, water, disposal) costs = $8,000
Entrepreneur's potential economic profit from the next best entrepreneurial activity = $80,000
Entrepreneur's forgone interest on personal funds used to finance the business = $6,000
Answer these questions directly:
a) Creamy Crisp's explicit costs are:_______
A) $136,000.
B) $150,000.
C) $94,000.
D) $156,000.
b) Creamy Crisp's implicit costs (total) are :_______
c) Creamy Crisp's total economic costs (explicit + implicit costs) are:________
d) Creamy Crisp's accounting profit is:________
e) Creamy Crisp's economic profit is:________
f) If Creamy Crisp's revenue fell to $286,000, what is the new accounting profit and the new economic profits?
Answers
Answer and Explanation:
a. Explicit costs are actual costs incurred by the venture.
In this case those are;
= Annual lease on building + Payments to workers + Utilities (electricity, water, disposal) costs
= 22,000 + 120,000 + 8,000
= $150,000
b. Implicit costs are the opportunity costs (revenue foregone by not choosing other alternatives).
= Entrepreneur's potential earnings as a salaried worker + Entrepreneur's potential economic profit from the next best entrepreneurial activity + Entrepreneur's forgone interest on personal funds used to finance the business
= 50,000 + 80,000 + 6,000
= $136,000
c. Economic costs
= explicit + implicit costs
= 150,000 + 136,000
= $286,000
d. Accounting profit
= Revenue - explicit costs
= 380,000 - 150,000
= $230,000
e. Economic Profit
= Revenue - economic costs
= 380,000 - 286,000
= $94,000
f. New Accounting Profit
= Revenue - explicit costs
= 286,000 - 150,000
= $136,000
New Economic profit
= Revenue - economic costs
= 286,000 - 286,000
=$0
A company’s unit costs based on 100000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $165. A special order from a foreign company has been received for 7500 units at $135 a unit. In order to fulfill the order, 4100 units of regular sales would have to be foregone. The incremental profit (loss) from accepting the order would be
Answers
Answer:
$81,000
Explanation:
The computation of the incremental profit (loss) from accepting the order is shown below:
Contribution per unit = $165 - $75
= $90
Now
Loss on contribution for giving up regular sales is
= $4,100 × 90
= $369,000
Now Incremental contribution for special order is
= ($135 - $75) × 7,500
= $450,000
So,
Incremental profit is
= $450,000 - $369,000
= $81,000
Identify two employment laws which might affect
easyJet plc's business activities.
Answers
Answer:
EasyJet Plc is the eighth largest airline in the world and the second biggest in Europe, . The business generated revenue per passenger of £58 compared with a cost per seat . The return on capital employed was just under 12% in 2017. regarding Brexit which might impact on both revenue and costs going forward.
Explanation:I dont have one
1. Aflac Duck
O Trademark
O Patent
O Copyright
Answers
Which is a type of insurance to avoid?
O Identity theft insurance
O Disability insurance
O Long-term care insurance
O Mortgage insurance
Answers
Answer:Identity theft insurance
Explanation:
Bart paid $150,000 for a piece of equipment for his business. Bart's income statement puts the straight line depreciation rate at 20%, and the equipment is expected to have a residual value of $1,000 at the end of its useful life, which is expected to be five years.
Answers
Answer:
thats alot of money for bart to spend
5.24 The United States Golf Association requires that the weight of a golf ball must not exceed 1.62 oz.The association periodically checks golf balls sold in the United States by sampling specific brands stocked by pro shops....
Answers
The probability that none of the randomly selected golf balls exceed 1.62 oz in weight will be 0.7857.
How to calculate probability?It should be noted that probability simply means the likelihood of the occurence of an event.
From the table given, the probability that none of the randomly selected golf balls exceed 1.62 oz in weight will be 0.7857.
The probability that at least one of the randomly selected golf balls exceed 1.62oz will be:
= 1 - 0.7857
= 0.2143
The probability of x is being greater than or equal to 3 will be 0.9999.
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critcism of modern management theory
Answers
Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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A free enterprise system provides individuals the opportunity to make their own economic decisions without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. It also requires entrepreneurs to rise or fall on their own without government support. Do you believe this type of economic system is more or less helpful, and why? Write an argumentative essay that explains your position.
Answers
A free enterprise system allows the supply and demand of consumers to determine the success or failure of an economic endeavor.
What is a free enterprise?It should be noted that a free enterprise simply means the freedom of individuals and businesses to regulation.
Here, free enterprise system provides individuals the opportunity to make their own economic decisions without restrictions.
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Answer:
C.
Explanation:
free enterprise system
8
What are three advantages of corporations?
Answers
Answer:
Personal liability protection, business security and continuity
Which of the following is not an example of a problem explained by agency theory?
A manager fires underperforming employees.
A manager takes few risks to ensure steady dividends.
A manager encounters a conflict of interest between their responsibilities to shareholders and their responsibilities to employees.
A manager protects her own job rather than the shareholder’s wealth.
Answers
Answer:
d
Explanation:
A manager protects her own job rather than the shareholder’s wealth.
its not correct.
Piedmont Company purchased merchandise on account from a supplier for $45000, terms 1/10, n/30. Piedmont Company returned $7000 of the merchandise and received full credit.If Piedmont Company pays the invoice within the discount period, what is the amount of cash required for the payment
Answers
Answer:
$33,500
Explanation:
The Cash Required for Payment to Supplier is The Purchases Price less Credit Allowance and Cash Discount granted since Piedmont Company pays the invoice within the discount period.
If Piedmont Company had paid invoice out of the discount period we would only deduct the Credit Allowance from the Purchase Price.
Cash Required for Payment Calculation :
Purchase Price $45,000
Less Credit Allowance ($7,000)
Less Cash Discount $45,000 x 10% ($4,500)
Cash Required for Payment $33,500
Who will be the first Trillonare in this world ?
Answers
The person who is expected to become the first Trillionaire is Jeff Bezos, founder, and CEO of Amazon.
According to a study conducted by Comparison, Jeff Bezos could become the world’s first Trillionaire by the year 2026. This prediction was made on the basis of the average percentage of growth of Bezos’ net worth over the last five years. The study also highlighted that Bezos’ wealth has grown by an average of 34% over the last five years. At this rate of growth, his net worth could reach $1 trillion by the year 2026.
However, the current COVID-19 pandemic has had a negative impact on the economy, and Bezos’ net worth has already decreased by over $20 billion since the start of the pandemic. Despite this, it is still possible that Bezos may become the world’s first Trillionaire in the future, but there are also other contenders who could reach this milestone, such as Elon Musk, CEO of Tesla and SpaceX. However, as of now, there is no confirmed Trillionaire in the world.
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what contributes to an empolyee's self worth which in turn increases productivity and reduces absenteeism
Answers
Answer:
The factors that contribute to an employee's self-worth is thought to be linked to employees productivity, motivation, performance, job satisfaction, emotional stability, effective stress and conflict management.
Explanation:
The productivity of an employee, a business or an economy can be calculated based on its performance and efficiency. When we measure labour productivity, we compare a given output with the amount of labour required for that output.
On the other hand, Absenteeism is the behaviour of a person who is often absent when he should be present.
The concept of an employee's self-worth is being recognized for its vital role both in terms of identity formation and in adaptive terms. However, factors that contribute to an employee's self-worth is thought to be linked to employees productivity, motivation, performance, job satisfaction, emotional stability, effective stress and conflict management.
I need the answer please help
Answers
As given that the taxable state income for the year is $70,000, the applicable tax rate is 5.5%, thus, the tax payable is $3,850.
What does a progressive tax means?A progressive tax is one in which the tax rate rises in proportion to the taxable amount. The term progressive refers to the manner in which the tax rate rises from low to high, resulting in a taxpayer's average tax rate being less than the person's marginal tax rate. The term can refer to either individual taxes or an entire tax system.
We are given that the taxable state income for the year is $70,000. Note that for this salary range, the tax rate of 5.5% is applicable.
Tax payable is computed as:
= $70,000 * 5.5%
= $3,850
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Rein Inc. reported deferred tax assets and deferred tax liabilities at the end of 20X3 and at the end of 20X4.
According to Statement of Financial Accounting Standard No. 109 Accounting for Income Taxes, for the year ended 20X4, Rein should report deferred income tax expense or benefit equal to the
A. Sum of the net changes in deferred tax assets and deferred tax liabilities.
B. Increase in the deferred tax liabilities.
C. Amount of the current tax liability, plus the sum of the net changes in deferred tax assets and deferred tax liabilities.
D. Decrease in the deferred tax assets.
Answers
Answer: A
sum of the net changes in deferred tax assets and deferred tax liabilities.
Explanation:
Give an example of an industry with monopolistic competition. (Remember that this is an industry structure, and not a specific business within that industry.) Explain the benefits or detractions of this type of competition.
Answers
There is monopolistic rivalry in the restaurant, hair salon, home products, and clothing industries. To sell, advertise, and set prices for products like dish soap and hamburgers, numerous competitor enterprises compete.
There is monopolistic rivalry in the restaurant, hair salon, home products, and clothing industries. To sell, advertise, and set prices for products like dish soap and hamburgers, numerous competitor enterprises compete. Not just in product markets, but also in labour markets, competition is essential. An illustration of a monopolistically competitive market is the restaurant sector, which is present nationwide. Most places have a large number of businesses, all of which are unique, and entry is simple.
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the following are important reasons why we maintain our tools, implements,and equipment except: no
Answers
To assure the operational readiness of the tools, implements, equipment and
maximum return on investments.
1: Which of the following is an injection into the circular
flow of income?
A) The customs duties levied on luxury imports into the
country
B) The purchase by foreign firms of goods produced by
local firms
c) The higher interest rate offered to local savers, who open
deposits in foreign currency with local financial
institutions
D) The closure of a special government employment
targeted scheme (JEEP)
Answers
Answer:
B
Explanation:
Investment, government spending, and exports rapidly boost an economy's whole demand, which further increases the level of income or output. They can be regarded as injections to the circular flow of income.
Assuming a perpetual inventory system and using the first-in, first-out method, determine (a) the cost of the goods sold on October 24 and (b) the value of inventory on hand on October 31.
a. Cost of the goods sold on October 24
b. Inventory value on October 31
Answers
a. The cost of goods sold on October 24 using the FIFO method is $4,950.
b. The inventory on October 31 is 70 units.
a. To determine the cost of goods sold (COGS) on October 24 using the FIFO method, we need to calculate the cost of the units sold based on the order they were acquired. Here's the breakdown:
On October 1, we had 200 units in inventory at a cost of $30 per unit.
On October 7, we sold 160 units. Since the FIFO method assumes the first units acquired are the first to be sold, we take 160 units from the initial inventory of 200. The cost of these units is $30 per unit.
COGS = 160 units × $30 per unit
= $4,800.
On October 15, we purchased 180 units at a cost of $33 per unit. These units are added to the remaining inventory.
Remaining inventory = 200 units (initial inventory) - 160 units (sold) + 180 units (purchased)
= 220 units.
On October 24, we sold 150 units. Since we first consider the units purchased on October 15, we take 150 units from the remaining inventory of 220.
COGS = 150 units × $33 per unit
= $4,950.
b. To determine the inventory on October 31, we consider the remaining units in inventory after the sales. Since we had 220 units after October 15 and sold 150 units on October 24, the remaining inventory is:
Remaining inventory = 220 units - 150 units
= 70 units.
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The correct question is:
Beginning inventory, purchases, and sales for Item Zeta9 are as follows
Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a) the cost of goods sold on October 24 and (b) the inventory on October 31.
a. Cost of goods sold on October 24
a. Cost of goods sold on October 24
Ike invests $7,660 in an account paying 7.27% simple interest annually. How much interest has Ike gained after four years?
Answers
$2,227.53
Cawley Company makes three models of tasers. Information on the three products is given below.Tingler Shocker Stunner Sales $296,000 $504,000 $200,000 Variable expenses 145,000 190,000 135,000 Contribution margin 151,000 314,000 65,000 Fixed expenses 114,840 225,160 92,000 Net income $36,160 $88,840 $(27,000) Fixed expenses consist of $290,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29,000 (Tingler), $79,000 (Shocker), and $34,000 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct fixed expenses would be eliminated if that model is phased out.James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company’s net income.
(a) Compute current net income for Cawley Company. Net income $ ______
(b) Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint: Allocate the $290,000 common costs to the two remaining product lines based on their relative sales.)
Tingler Net Income $ _______
Shocker Net Income $ _______
Total Net Income $ _______
(c) Should Cawley eliminate the Stunner product line?
Why or why not?
Net income would _____ from $ ______to $ ________.
Answers
Answer:
Cawley Company
a) Current Net Income
Tingler Shocker Stunner Total
Sales $296,000 $504,000 $200,000 $1,000,000
Variable Costs 145,000 190,000 135,000 470,000
Contribution 151,000 314,000 65,000 530,000
Fixed Expenses 114,840 225,160 92,000 432,000
Net Income 36,160 88,840 (27,000) 98,000
b) Net Income by product line with Stunner discontinued:
Tingler Shocker Total
Sales $296,000 $504,000 $800,000
Variable Costs 145,000 190,000 335,000
Contribution 151,000 314,000 465,000
Fixed Expenses 136,300 261,700 398,000
Net Income 14,700 52,300 67,000
c1) Cawley should not eliminate the Stunner product line.
c2) Net income would decrease from $98,000 to $67,000 if the Stunner product line is eliminated.
Explanation:
a) The decision to be made is whether to eliminate a product line or not. In making such decisions, the relevant costs to be considered are avoidable costs. Allocated fixed costs are unavoidable and should not be taken into account.
b) Stunner makes a Net Income of $31,000 without the allocated common fixed expenses. This shows that the allocated common fixed expenses is actually causing Stunner to record Net Loss. And when Stunner is eliminated the company is not better off.
c) Allocation of Fixed Expenses based on Sales:
Tingler = 296/800 * $290,000 = $107,300 Plus direct cost of $29,000 = $136,300
Shocker = 504/800 * $290,000 = $182,700 Plus direct of of $79,000 = $261,700
Today's public relations departments: focus more on advertising and less on publicity. are more actively listening to customers and helping to solve their problems. avoid relationships with the media and government officials. are downsizing as firms emphasize personal selling to promote their products.
Answers
The correct answer is B. Are more actively listening to customers and helping to solve their problems.
Explanation:
The purpose of public relations departments is to connect customers with the company or brand by advertising products or services and establish a positive relationship. In the last years, public relations departments had focused on the relationship with customers especially by considering customers' opinions, perspectives, and experiences and helping them to solve any problem. This is because positive customer experiences have become the main way for companies to grow and advertise services or products, and therefore, it is essential to hear customers and help them. Thus, today's public relations departments listen to customers and solve their problems.
In today world, the public relations departments are more actively listening to customers and helping to solve their problems.
The main purpose of the public relations departments is to connect customers with the company or brand through advertising of its products or services and establishment of positive relationship.
Today, the public relations departments focused mainly on the relationship with customers on their opinions, perspectives, experiences and helping them to solve any problem that arise
Therefore, the correct answer is B because lately, the department are actively listening to customers and helping to solve their problems.
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It's important for the interviewer to know about your biggest professional accomplishment.
True
or
False
Answers
Answer: false
They may not want to know what you have done, like got a wife, or won a award in 3rd grade for highest jump off a swing. If it is job related they may, but probably not.
Explain what cybersecurity is and which agencies you can go to in order to ask for help
Answers
Answer:
Cybersecurity refers to the practice of protecting computer systems, networks, and data from unauthorized access, breaches, and attacks. It involves implementing various measures, such as encryption, firewalls, and vulnerability assessments, to ensure the confidentiality, integrity, and availability of digital information. If you need assistance or want to report cybersecurity incidents, there are several agencies you can turn to for help. In the United States, you can contact the Federal Bureau of Investigation (FBI), which investigates cybercrime, or the Cybersecurity and Infrastructure Security Agency (CISA), which focuses on securing critical infrastructure and promoting cybersecurity awareness. Additionally, you can reach out to your local law enforcement agency, as well as private organizations and cybersecurity companies that offer incident response services and support.
Explanation:
Which of the following best describes the economic conditions typically prevalent during phase I (late contraction) of the business cycle?
falling inflation, reductions in interest rates, high unemployment, rising bond market, trough of stock market
falling inflation, rising interest rates, low unemployment, rising bond market, trough of stock market
falling inflation, reductions in interest rates, low unemployment, falling bond market, peak of stock market
rising inflation, rising interest rates, low unemployment, rising bond market, trough of stock market
Answers
Option A : Falling inflation , reductions interest rates, high unemployment, rising bond market, trough of stock market .
As in this stage, inflation tends to fall due to lower demand, and central banks tend to lower interest rates in an attempt to stimulate economic activity. Bond prices rise as investors shift away from risky assets like stocks and towards more stable investments like bonds. Due to the negative sentiment, the stock market tends to reach its trough or lowest point during this phase I.
What is the Phase I of business cycle ?The contraction or recession phase of the business cycle is known as Phase I. The end of the expansion phase heralds the start of the downturn or recession.
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How much money must you deposit in a savings account today to have Rs. 20000 in 20 years if the interest rate 7% compounded annually?
Answers
You must deposit Rs. 6122 into a savings account today.
Equation:-Assuming that Principal (P) = 20000
A = P[1+(R/100)] where Rate (R) = 7 and Number of Years (n) = 20.
ⁿ\s= 20000[1+(7/100)]
²⁰\s= 20000[1+(1/7)]
²⁰\s= 2000[(7+1)/7]
²\s= 20000 X (8/7) X (8/7)\s= 26122
Total Amount, A = 26122 Rupees
Compound Interest (CI) equals A-P = Rs. 26122 x 20 000 = Rs. 6122
What does the term "compound interest" mean?The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: if you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You'll have $110.25 after the second year is over.
What is meant by the phrase "compound interest"?Compound interest is the term for interest that is earned on interest. This may be shown using simple math: if you start with $100 and it earns 5% interest every year, you will have $105 at the end of the first year. After the second year, you'll have $110.25.
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Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety
Answers
Answer:physiological
Explanation:
According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.
What is Maslow's hierarchy of needs?According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.
The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.
They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.
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Martin Services Company provides its employees vacation benefits and a defined contribution pension plan. Employees earned vacation pay of $49,000 for the period. The pension plan requires a contribution to the plan administrator equal to 6% of employee salaries. Salaries were $500,000 during the period. a. Provide the journal entry for the vacation pay. b. Provide the journal entry for the pension benefit.
Answers
Answer:
a. Provide the journal entry for the vacation pay
Debit Vacation and Holiday expense $49,000
Credit Vacation and Holiday payable $49,000
(To record earned Vacation and Holiday expenses)
b. Provide the journal entry for the pension benefit
Debit Pension expense $30,000
Credit Pension liability $30,000
(Being pension benefit recognition)
Explanation:
The earned vacation and holiday expense has to be recognized in line with the accrual principle of accounting.The pension benefit was also recognized in line with the accrual principle of account. The pension plan is a contribution of 6% of employee salaries, which amounted to $500,000. So, 0.06 x 500,000 = $30,000.