The Warren Group’s pension expense is $67 million. This amount includes a $70 million service cost, a $50 million interest cost, a $55 million reduction for the expected return on plan assets, and a $2 million amortization of a prior service cost.
1. Determine the components of pension expenses that affects the net pension liability.
Service cost
amortization of prior service cost
interest cost
expected return on plan assets
2. Prepare the journal entry to record the pension expense.
Answers
Answer:
1. Service cost
Interest cost
2. Dr Pension expense $67
Dr Plan assets $55
Cr Amortization of prior service cost—OCI $2
Cr PBO $120
Explanation:
1. The components of pension expenses that tend to affects the net pension liability are:
SERVICE COST and INTEREST COST reason will be that both SERVICE COST and INTEREST COST help to increase net pension liability while
Amortization of prior service cost on the other hand does not affect PBO or plan assets which simply means that it does not in any way change the net pension liability.
2. Preparation of the journal entry to record the pension expense.
Based on the information given the journal entry to record the pension expense will be :
Dr Pension expense $67
Dr Plan assets $55
Cr Amortization of prior service cost—OCI $2
Cr PBO $120
($70+$50=120)
Related Questions
Which of the following traits has a negative affect or job search.
A) proactive personality
B. Extroversion
C. Low self efficacy
D. Positive affect
E. Conscientiousness
Answers
Self-efficacy is low. An individual could not be chosen due to this factor. (Choice c)
How would you define low self-efficacy?In anxiety disorders, poor self is systematically associated with an increase in dread and avoidance behaviour (Williams , Watson, 1985). So, a rise in perceived belief about one's ability to deal with dangerous situations coincides with a drop in phobic behaviour. Self-efficacy in psychology refers to a person's confidence in their ability to take the actions required to achieve particular objectives. Albert Bandura, a psychologist, was the one who first put out the idea. Self-efficacy has an impact on all aspects of human activity.
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12. Horizon Electronics is launching a new all-in-one product. The product can be used to play music, watch movies, check e-mail, and make phone calls. Because
there are so many features, you know there will be many questions. Your company is advertising a sale on the product, hoping that customers will buy it from your
store rather than online or at a competitor's store. How should you prepare for the large volume of customers asking about this product?
OA. Tell customers that they can call Horizon Electronics directly to answer questions about how to use the product.
OB. Rely on one of your co-workers to help you answer questions as he just bought the product for himself.
OC. Test the item on display making sure you can explain how to use each feature.
O D. Remind customers they can return the item if it is too difficult to use.
Answers
The best approach to prepare for the large volume of customers asking about the new product is:
OC. Test the item on display, making sure you can explain how to use each feature.
By testing the product on display and familiarizing yourself with its features, you will be able to provide accurate information and demonstrations to customers. This will help you address their questions and concerns effectively, increasing their confidence in purchasing the product from your store.
Increased traffic on the highway is an ________
associated with purchasing a new vehicle.
external cost
internal benefit
external benefit
internal cost
Answers
In the Keynesian cross model, assume that the consumption function is given by C=200+0.75*(Y-T) Planned investment is 100; government purchases and taxes are both 100.
a) Graph planned expenditure as a function of income. You should be able to have specific Numbers for your intercepts since you are given specific functional forms)
b) What is the equilibrium level of income?
c) If government purchases increase to 125, what is the new equilibrium income? What is the multiplier for government purchases?
d) What level of government purchases is needed to achieve an income of 1,600? (taxes remain at 100.)
(Hint : an income increase to 1,600 represents an increase of "..." over the original value of income. Use the government purchases multiplier formula and this "..." increase to calculate by how much must government purchases change to get this "..." increase in income)
Answers
Answer:
Explanation:
a) To graph planned expenditure as a function of income, we need to use the Keynesian cross model. In this model, the planned expenditure (E) is equal to the sum of consumption (C) and planned investment (I), and is represented by the equation E = C + I. Given the consumption function C = 200 + 0.75*(Y - T) with T = 100 and I = 100, we can write the planned expenditure function as follows:
E = C + I
E = (200 + 0.75*(Y - 100)) + 100
E = 300 + 0.75Y - 75
E = 225 + 0.75Y
To graph this function, we plot E on the vertical axis and Y on the horizontal axis. The intercept on the vertical axis is 225, and the slope of the line is 0.75. The graph is a line that starts at the point (0, 225) and has a slope of 0.75.
b) To find the equilibrium level of income, we need to set planned expenditure equal to actual expenditure, which is equal to income (Y) in the Keynesian cross model. Thus, we have:
Y = E
Y = 225 + 0.75*Y
Solving for Y, we get:
Y = 900
Therefore, the equilibrium level of income is 900.
c) If government purchases increase to 125, the new planned expenditure function becomes:
E = C + I + G
E = (200 + 0.75*(Y - 100)) + 100 + 125
E = 425 + 0.75*Y
To find the new equilibrium income, we set planned expenditure equal to income (Y) again:
Y = E
Y = 425 + 0.75*Y
Solving for Y, we get:
Y = 1,300
Therefore, the new equilibrium income is 1,300. The multiplier for government purchases is given by:
Multiplier = 1/(1 - MPC)
where MPC is the marginal propensity to consume. In this case, MPC = 0.75, so the multiplier is:
Multiplier = 1/(1 - 0.75) = 4
d) To find the level of government purchases needed to achieve an income of 1,600, we need to use the government purchases multiplier formula:
Change in Y = Multiplier * Change in G
The "..." increase in income is 1,600 - 900 = 700. We want to know by how much government purchases must change to get this increase in income. We can rearrange the formula to solve for the change in government purchases:
Change in G = Change in Y / Multiplier
Change in G = 700 / 4
Change in G = 175
Therefore, the level of government purchases needed to achieve an income of 1,600 is 100 + 175 = 275. Taxes remain at 100 in this case.
Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Answers
The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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1. Why do you think that there’s a huge gap in theory (what we know we should do) and practice (what we’re actually doing) of leadership development?
2. What are some reasons that companies might not be addressing Gen Y leadership development programs?
Answers
Answer:
1. Theories are based on assumptions. It is practice that verifies the underlying assumptions behind every theory, using real-life experiences. If theories are not put to use, they remain theories with untested assumptions.
2. The current leadership does not understand the millennials. The millennials are operating with tools that look too sophisticated for the current leadership. There is much confusion between what the Gen Y millennials want to achieve and the expected achievement targets being set by the current leadership. Leadership development programs for the Gen Y can only be implemented when misunderstanding is removed.
Explanation:
Leadership development includes all the processes that expand the capacities of individuals to perform in leadership positions by facilitating the execution of a company's strategy, building alignments, and winning mindsets while growing the capabilities of others to succeed the current leaders.
There is a more gap between the theory and the practice because the theories are totally based on the assumptions whereas the practice is fully depending on the theory.
Why there is a gap between theory and practice?(1).
There is a huge gap in theory and practice in the leadership style because the theories are established or fully founded on assumptions.
But in the practice, it confirms the implicit premises or assumptions behind every theory by using real experiences of life.
Its theories are not taken place, then the practice is also not works.
(2).
The cutting-edge management does now no longer recognize the time period.
The time period is run away with power train, that visual aspect too state-of-the-art for the cutting-edge management.
Leadership improvement packages for the Gen Y can handiest be carried out whilst false impression is removed.
There is a lot of confusion among what the Gen Y millennials need to accomplish, and the expected fulfillment targets being set through the cutting-edge management.
Therefore, there are the difference between the theory and practice.
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Which option identifies the law represented in the following scenario?
Bauer comes out with a new hockey skate, and last year’s model sits on the shelves. The local hockey shop places last year’s model on sale for half price.
law of demand
law of diminishing marginal utility
law of supply and demand
law of supply
Answers
Answer:
A. law of demand
Explanation:
Due to technological changes in the nature of work and global competition, the Dictionary of Occupational Titles (DOT) has been replaced by the Occupational Information Network (O*NET).
a. True
b. False
Answers
Answer:
a. True
Explanation:
DOT stands for the Dictionary of Occupational Titles. It is the publication which was produced by the Department of Labor of the United States of America for the working people that helped the employers, the government officials, and the other workforce development professionals in order to define over \(13,000\) different types of work from \(1938\) to the late \(1990\)s.
But now, due to the advancement in technologies and change in the nature of job of many works the previous publication was replaced by the new Occupational Information Network which suits with todays technology and development in the working conditions. It is shortly known as the O*NET.
Hence the answer is TRUE.
The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certain statistical data related to the income statement as follows.
1. The beginning merchandise inventory was $92,000 and decreased 20% during the current year.
2. Sales discounts amount to $17,000.
3. 20,000 shares of common stock were outstanding for the entire year.
4. Interest expense was $20,000.
5. The income tax rate is 30%.
6. Cost of goods sold amounts to $500,000.
7. Administrative expenses are 20% of cost of goods sold but only 8% of gross sales.
8. Four-fifths of the operating expenses relate to sales activities.
From the foregoing information prepare an income statement for the year 2014 in single-step form. (Round earnings per share to 2 decimal places, e.g. 1.48 and all other answers to 0 decimal places, e.g. 2,520.)
Answers
Answer:
LeRoi Jones Inc
Income statement for the year 2014
Sales (100/8 × $100,000) $1,250,000
Less Cost of Sales
Beginning merchandise $92,000
Add Purchases $481,600
Less Ending merchandise ($92,000 - 20%) ($73,600) ($500,000)
Gross Profit $750,000
Less Expenses :
Sales Discounts $17,000
Interest expense $20,000
Administrative expenses ($500,000 × 20%) $100,000 ($137,000)
Profit before tax $613,000
Income tax expense at 30% ($183,900)
Net Income / Loss $429,100
Earnings Per Share $21.46
Explanation:
Notes on income statement preparation
Use the statistical data to fill in the line items of the Income Statement as shown above.
For the Calculation of Sales, first calculate the administrative expenses. Apply the 8% on the administration cost to find sales at 100%.
Earnings Per Share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stock
= $429,100 ÷ $20,000
= $21.46
Explain why the U.S. demand for Mexican pesos is downsloping and the supply of pesos to Americans is upsloping. Assuming a system of flexible exchange rates between Mexico and the United States, indicate whether each of the following would cause the Mexican peso to appreciate or depreciate, other things equal: LO3 a. The United States unilaterally reduces tariffs on Mexican products. b. Mexico encounters severe inflation. c. Deteriorating political relations reduce American tourism in Mexico. d. The U.S. economy moves into a severe recession. e. The United States engages in a high-interest-rate monetary policy. f. Mexican products become more fashionable to U.S. consumers. g. The Mexican government encourages U.S. firms to invest in Mexican oil fields. h. The rate of productivity growth in the United States diminishes sharply.
Answers
Answer:
A. Appreciate - Mexican goods cheaper, US demand increase
B. Depreciate - high inflation raises price Mexican goods and US demand falls. Supply increases due to cheaper US goods
C. Depreciate - reduction of tourism reduces demand for peso
D. Depreciation - recession reduces imports from ME and decreases demand
E. Depreciate - high interest rate attract ME investors. Increase demand for US dollar and supply peso
F. Appreciate - US purchase pesos to invest in ME. Demand increases
H. Appreciate - decline in productivity reduces US investment. Decrease supply of pesos
Explanation:
The U.S demand for Mexican pesos is downward sloping which implies negative relation between exchange rate (price of per unit mexican pesos in terms of dollars) and demand for mexican pesos. When this price increases (U.S currency depreciates) the import from Mexico becomes expensive by U.S residents, therefore they would import less and hence lower demand of mexican pesos. Similarly the import from Mexico increases this implies more demand of mexican pesos when price of mexican pesos falls (U.S currency appreciates).
The supply of Mexican pesos to Americans is upward sloping because of positive relationship between price of mexican pesos in terms of U.S dollars and supply of mexican peso. when this price increases (U.S currency depriciates) the mexican people would demand more of U.S goods, therefore export of U.S to Mexico increases that means more supply of mexican pesos to Americans. Similarly, when this price falls (U.S currency appreciates) the U.S goods to Mexico becomes more expensive, this causes fall in the export and therefore supply of...
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Company A purchases Company B. This is a 100% equity purchase which means that Company A acquires all of the Company B assets and assumes the liabilities of Company B.
Calculate the value of goodwill recognized in the acquisition. Round to the nearest whole dollar and do not include the dollar sign ($).
Assume the current market value of tangible physical assets is $1,234,567 (determined by Company A as at the acquisition date) the current market value of the only identifiable intangible asset (a customer list) is $125,000 (determined by Company A as at the acquisition date) Operating (non-Financial) liabilities have an appraised value of $160,000 before and after the acquisition. Financial Liabilities were appraised by company B to be valued at $600,000 immediately Before the acquisition. Financial Liabilities were appraised by Company A to be valued at $495,000 immediately After the acquisition. There are no other assets or liabilities to consider than those presented above Company A paid $812,000 cash for Company B.
Answers
Answer:
Company A and Company B
Calculation of Goodwill on Acquisition:
= $212,433
Explanation:
a) Current market value of:
Tangible physical assets = $1,234,567
Intangible asset = $125,000
Total assets' value = $1,359,567
less Liabilities:
Operating = $160,000
Financial = 600,000 ($760,000)
Net value of assets = $599,567
Purchase Price (Company B) $812,000
Goodwill $212,433
b) Company A acquired Goodwill when it bought over Company B. This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.
Eduardo obtained credit to buy a car. He has failed to make any payments over the past
few months. What is MOST likely to happen?
A. He will make one giant payment to cover the past months without penalty,
B.The lender will take possession of his car.
C. The amount of debt owed will decrease the longer he waits to make a payment.
D.Nothing-people are allowed to miss several payments without consequences.
Answers
The lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.
What is a car credit?A car credit is an arrangement of installment payment on a car with an agreement to pay certain amount at regular interval.
Hence, the lender will most likely take possession of his car when Eduardo failed to make any payments over the past few months on the car credit.
Therefore, the Option B is correct.
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How would you study for a test? I will probably pick Brainlist. Just don't ask "Please pick Brainlist."
Answers
Answer:
To study for a test I would reread the notes and go over them with a friend to memorize the material. Or use index cards to memorize the vocabulary words with their definitions. etc.
Explanation:
Nick’s Novelties, Inc., is considering the purchase of new electronic games to place in its amusement houses. The games would cost a total of $475,000, have a fifteen-year useful life, and have a total salvage value of $47,500. The company estimates that annual revenues and expenses associated with the games would be as follows: Revenues $ 240,000 Less operating expenses: Commissions to amusement houses $ 70,000 Insurance 45,000 Depreciation 28,500 Maintenance 30,000 173,500 Net operating income $ 66,500 Required: 1a. Compute the payback period associated with the new electronic games. 1b. Assume that Nick’s Novelties, Inc., will not purchase new games unless they provide a payback period of five years or less. Would the company purchase the new games?
Answers
Answer:
a. 5 years
b. Yes they will because the payback period is 5 years.
Explanation:
a. Payback period
First calculate the annual cash inflow:
= Net income + Depreciation
= 66,500 + 28,500
= $95,000
The investment cost was $475,000
Payback period = Investment cost / Annual cash inflow
= 475,000 / 95,000
= 5 years
b. The company will purchase the games because they have a payback period of 5 years.
The Colorado Withholding Tax applies only to non-Colorado residents selling property in Colorado. The withholding is:
Answers
Answer:
2% of the purchase price or the net proceeds of the sale whichever is less
Problem-6; (chapter 3) SS Ltd. obtained significant influence over YY Ltd by buying 30% of Y's 100,000 outstanding ordinary shares at a cost of Br 18 per share on January 1, 2022. On May 15, YY declared and paid a cash dividend of Br 150,000. On December 31, YY reported net income of Br 270,000 for the year. (a) record acquisition of shares (a) record revenue and dividends
Answers
(a) Record acquisition of shares: Investment in YY Ltd. Dr. Br 540,000, Cash Cr. Br 540,000.
(a) Record revenue and dividends: Dividend Receivable Dr. Br 45,000, Revenue from Investment in YY Ltd. Cr. Br 45,000; Investment in YY Ltd. Dr. Br 81,000, Revenue from Investment in YY Ltd. Cr. Br 81,000.
(a) To record the acquisition of shares by SS Ltd. on January 1, 2022:
Investment in YY Ltd. (30% of 100,000 shares * Br 18) Dr. Br 540,000
Cash Cr. Br 540,000
This journal entry records the purchase of 30% of YY Ltd.'s outstanding shares for a total cost of Br 540,000.
(b) To record revenue and dividends for the year:
On May 15, YY Ltd. declared and paid a cash dividend of Br 150,000. This dividend represents the portion of the company's earnings that will be distributed to its shareholders.
Dividend Receivable Dr. Br 45,000 (30% of Br 150,000)
Revenue from Investment in YY Ltd. Cr. Br 45,000
This entry recognizes the dividend revenue earned by SS Ltd. from its investment in YY Ltd.
On December 31, YY Ltd. reported net income of Br 270,000 for the year. As SS Ltd. has significant influence over YY Ltd., it needs to adjust its investment account for its share of the net income.
Investment in YY Ltd. Dr. Br 81,000 (30% of Br 270,000)
Revenue from Investment in YY Ltd. Cr. Br 81,000
This entry records the revenue earned by SS Ltd. from its share of YY Ltd.'s net income.
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You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answers
Answer:
C) price elastic.
Explanation:
Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.
False
True
Answers
Answer:
I would assume it is true
Explanation:
Presented below are a number of balance sheet accounts of Deep Blue Something, Inc. For each of the accounts below, indicate the proper balance sheet classification.
Balance Sheet Accounts
Balance Sheet Classification
(a) Investment in Preferred Stock.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(b) Treasury Stock.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(c) Common Stock.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(d) Dividends Payable.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(e) Accumulated Depreciation-Equipment.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(f)(1) Construction in Process (Constructed for another party).
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(f)(2) Construction in Process (Constructed for the use of Deep Blue Something, Inc.).
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(g) Petty Cash.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(h) Interest Payable.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(i) Deficit.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(j) Equity Investments (trading).
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(k) Income Taxes Payable.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(l) Unearned Subscription Revenue.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(m) Work in Process.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
(n) Salaries and Wages Payable.
Presented below are a number of balan Current AssetCurrent LiabilityProperty, Plant, and EquipmentRetained EarningsShareholders’ Equity
Answers
Answer
S/N Balance Sheet Accounts Balance Sheet Classification
(a) Investment in Preferred Stock Current Asset
(b) Treasury Stock Shareholders’ Equity
(c) Common Stock Shareholders’ Equity
(d) Dividends Payable Current Liability
(e) Accumulated Depreciation Property, Plant, and Equipment
-Equipment
(f)-1 Construction in Process Current Assets
(Constructed for another party).
(f)-2 Construction in Process Property, Plant, and Equipment
(Constructed for the use of Deep Blue Something, Inc.).
(g) Petty Cash. Current Assets
(h) Interest Payable Current Liability
(i) Deficit Retained Earning
(j) Equity Investments (trading) Current Assets
(k) Income Taxes Payable Current Liability
(l) Unearned Subscription Revenue Current Liability
(m) Work in Process Current Assets
(n) Salaries and Wages Payable Current Liability
Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
Answers
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
Answers
An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
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I will give BRAINLY
I need any career name plz
Answers
You can be a streamer!
Two Benefits of being a streamer is.
You can earn money.Companies can promote your channel.Two drawbacks of being a streamer is.
Your channel can get taken down or people can be rude to you.You can forgot about uploading and may lose subscribers.Let me know if you have any questions.
~ Lily from Brainly.
can someone please create your own business plan dictionary
Define each term. MAKE SURE that you use the correct business definition. For example, a stake in business means “a financial share in a business or an emotional investment in something” but a stake can also mean a “strong wooden or metal post with a point at one end, driven into the ground to support a tree, form part of a fence, act as a boundary mark, etc.,” or “a metalworker's small anvil, typically with a projection for fitting into a socket on a bench”.
Submit when you finish. DUE DATE: FRIDAY, MARCH 10
1. Break even
2. Business model
3. Customer acquisition costs 4. Distribution
5. Equity
6. Licensing
7. Liquidity
8. Margin
9. Market value
10. Patent
11. Patent pending
12. Proof of concept
13. Proprietary
14. Royalty
15. Stake
16. Sweat equity
17. Valuation
Answers
Answer:
1. Break even: The point at which a business's total revenue equals its total expenses, resulting in neither a profit nor a loss.
2. Business model: A plan or framework that outlines how a business will generate revenue and make a profit.
3. Customer acquisition costs: The cost associated with acquiring a new customer, including marketing and advertising expenses.
4. Distribution: The process of getting a product or service from the manufacturer or producer to the end consumer.
5. Equity: A financial share of ownership in a business or property.
6. Licensing: The process of granting permission to use or sell a product, service or intellectual property.
7. Liquidity: The ability of a business or individual to convert assets into cash quickly and easily.
8. Margin: The difference between a product or service's selling price and the cost of producing or providing it.
9. Market value: The price at which a product or service is currently being sold in the market.
10. Patent: A legal document that grants the holder exclusive rights to produce, use, and sell an invention or idea for a certain period of time.
11. Patent pending: The status of an invention or idea that has been submitted for a patent but has not yet been approved.
12. Proof of concept: A demonstration that a product or service is viable and can be successful in the market.
13. Proprietary: A product or service that is owned and controlled by a single company or individual.
14. Royalty: A payment made by one party to another for the use of a product, service or intellectual property.
15. Stake: A financial share in a business or an emotional investment in something.
16. Sweat equity: The value of the time and effort put into a business or project by its owner or founders, often in lieu of financial investment.
17. Valuation: The process of determining the worth of a business or asset, often used in the context of selling or acquiring a business.
1. What does it mean to finance a vehicle?
a. Save up for it and pay for it in cash.
b. Borrow money and make payments.
c. Pay someone to use his or her car.
d. Have money taken from your annual pay.
Answers
What will happen in the market for wine if the price of cheese increases (wine and cheese are complements)?
Answers
If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.
What are complement goods?Complement goods are goods that are consumed together. An example of complement goods are bread and jam.
According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.
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the amount of funds a company commands from a customer from various product categories is called
Answers
Share of wallet is the amount of funds a company commands from a customer from various product categories
for better understanding let us explain what market share means
Share of wallet simply means that for a given product category that your company deals in, what exact amount is being spent by a customer for your own brand of productsThe summary of market share is that most of total product bought by a customer of a product or service, some amount goes to a company this is what we call the companies market share. That is, if consumers as a whole buy 100 bags and 40bags comes from one company, that company holds 40% market share.From the above, we can therefore the answer share of wallet is the amount of funds a company commands from a customer from various product categories, is correct.
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2) A soft drinks manufacturer sells each can for 50p. The variable costs per can are 10p. Fixed costs per year are £4 million. How much profit will be made if the business sells 15 million cans?
A- £2 million
B- £3 million
C- £6 million
D- £3.5 million
Answers
Answer:
Profit on 15,000,000 cans = £2 million
Explanation:
Given:
Sales price per can = £0.5
Variable cost per can = £0.1
Fixed costs per year = £4,000,000
Find:
Profit on 15,000,000 cans
Computation:
Profit on 15,000,000 cans = (Sales price per can)(15,000,000) - Fixed costs per year - (Variable cost per can)(15,000,000)
Profit on 15,000,000 cans = (£0.50)(15,000,000) - £4,000,000 - (£0.10)(15,000,000)
Profit on 15,000,000 cans = £7,500,000 - £4,000,000 - £1,500,000)
Profit on 15,000,000 cans = £2,000,000
Profit on 15,000,000 cans = £2 million
is it true or false that the socioeconomic model of social responsibility emphasizes the effort of business decisions on society
Answers
Answer:
I pretty sure it's true
Explanation:
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Select the correct answer from each drop down menu Benny has written the following rough draft for school choose the correct way to complete each sentence an agency law is a contract for an ___ who acts on behalf of a company government or an individual called the ___ the relationship formed due to the contract between an agent and the principle is called in ____ relationship
Answers
An agency law is a contract for an agent who acts on behalf of a company, government, or an individual called the principal. The relationship formed due to the contract between an agent and the principle is called an agency relationship.
In an agency relationship, the agent acts on behalf of the principal with their authority. The agency relationship can be created through express agreement, implied agreement, or by ratification. Express agreement is when both parties clearly express their intention to enter into an agency relationship. Implied agreement is when the actions of both parties indicate that they have an agency relationship.
Ratification is when the principal accepts the actions of an individual as their agent, even if they did not originally intend to create an agency relationship. In an agency relationship, the agent has a fiduciary duty to act in the best interests of the principal. This duty includes loyalty, obedience, and disclosure of information.
Overall, an agency relationship is an important legal concept that allows individuals or companies to act on behalf of others. Understanding the responsibilities and duties of both parties in an agency relationship is crucial to ensuring a successful partnership.
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Item11 2 points Time Remaining 1 hour 57 minutes 8 seconds01:57:08 Item 11 Time Remaining 1 hour 57 minutes 8 seconds01:57:08 An advantage of bonds is: Multiple Choice Bonds do not affect owner control. Bonds require payment of par value at maturity. Bonds can decrease return on equity. Bond payments can be burdensome when income and cash flow are low. Bonds require payment of periodic interest.
Answers
Answer: Bonds do not affect owner control.
Explanation:
Bonds are simply refered to as the units of corporate debts which are being issued by companies. It is a fixed income instrument and its advantage is that the bonds do not affect owner control.
Bonds can also bring about a rise in the return on equity. Therefore, the correct option is A.