Answer:
A. Businesses are able to sell products to customers around the
world.
Explanation:
Globalization is the spread of goods and services, movement of people and technology across countries and regions boundaries. It is the glowing interactions and integration of people, companies, technology, and jobs from different counties. Globalization has made trade and investment flow seamless between countries.
Because of globalization, a company or country can sell its goods and services to customers in other countries with relative ease. Similarly, a customer can buy products from any part of the globe without any hitches.
Calculate the profit or loss in each case below:
(a) Fixed costs: £9000 rent, £4000 insurance
Variable costs: £4500 wages, £500 delivery costs and £4000 in raw materials
Sales revenue: 1,500 units expected to sell at £25 each
(b) Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
(a) Th profit is £13,500.
(b) The loss is £25,250.
Explanation:
(a) Calculate the profit or loss
This can be calculated as follows:
Total fixed cost = Rent + insurance = £9000 + £4000 = £15,000
Total variable cost = wages + delivery costs + raw materials = £4500 + £500 + £4000 = £9,000
Total cost = Total fixed cost + Total variable cost = £15,000 + £9,000 = £24,000
Sales revenue = Units expected to sell * Price per unit = 1,500 * £25 = £37,500
Profit or loss = Sales revenue - Total cost = £37,500 - £24,000 = £13,500 profit
(b) Calculate the profit or loss
This can be calculated as follows:
Fixed cost = £26,000
Total variable cost = wages + raw materials + delivery costs = (£10 * 750) + (£12 * 750) + (£3 * 750) = £18,750
Total cost = Total fixed cost + Total variable cost = £26,000 + £18,750 = £44,750
Sales revenue = Units expected to sell * Selling price per unit = 750 * £26 = £19,500
Profit or loss = Sales revenue - Total cost = £19,500 - £44,750 = £25,250 loss
a company issues $1,000,000 face value of 10-year bonds on 1 january 2015 when the market interest rate on bonds of comparable risk and terms is 5%. the bonds pay 6% interest annually on 31 december. at the time of issue, the bonds payable reflected on the balance sheet is closest to:
The bonds are due to pay 6% interest on December 31 each year. The bonds payable shown on the balance sheet at the time of issuance come closest to: $1,077,217.
What is a bond?A bond is comparable to a contract between a lender and borrower stating the conditions of a loan and the related payments.
Bonds are fixed-income assets that serve as a representation of investor loans to borrowers (typically corporate or governmental). The possibility that the bond's issuer will falter before the bond matures.
Savings bonds, agency bonds, municipal bonds, corporate bonds, and treasuries are some examples of bonds.
Treasury bonds, which are the safest bonds but have the lowest interest rates, are typically sold at auction.
Bonds can be classified into five categories: corporate, municipal, agency, savings, and Treasury. Each sort of bond has its own vendors, goals, purchasers, and risk-to-return ratios.
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Hertz leases cars to its customers while E*Trade makes stock transaction for its customers. These businesses are _____ organizations. a. utility b. service c. manufacturing d. capacity
Answer:
B. Service
Explanation:
A service organization can be defined as an assembly of people who are saddled with the responsibility of providing customer-oriented services rather than just making profit.
In this scenario, Hertz leases cars to its customers while E*Trade makes stock transaction for its customers. These businesses are service organizations.
Basically, the aims and objectives of a service organization is simply to effectively and efficiently meet the needs or requirements of its customers. Thus, in order to successfully achieve this goal, this type of business will always put the need of its customers first before any other thing.
Anyone have an idea how to create a NPV Spreadsheet which intakes a 6% discount factor.
My actual question is very similar to this, If someone could give me a step by step breakdown it would be much appreciated
The way to calculate an NPV Spreadsheet using the NPV Function are:
=NPV(discount rate, series of cash flow)Step 1: Set a discount rate in a cell.Step 2: Establish a series of cash flows (must be in consecutive cells).Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.What is an NPV Function?This refers to the excel function that is used to calculate the net present value and the discount rates for cash flows.
Hence, we can see that given that you have the discount factor, the annual operating costs, and annual benefits, you would then need to add the present value of all +ve cash flows and subtract the present value of all -ve cash flows.
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how do you think debeers could most effectively and efficiently advertise to unmarried women
DeBeers could most effectively and efficiently advertise to unmarried women by utilizing social media platforms .
How does he do that?By collaborating with popular influencers, DeBeers can reach a larger audience and gain credibility with younger generations.
They could also create targeted advertisements based on the interests and demographics of their desired audience. DeBeers should focus on promoting the emotional significance of their diamonds and how they can symbolize important milestones in a woman's life, such as a graduation or promotion.
By emphasizing the emotional value of their products, DeBeers can appeal to unmarried women who may not be interested in traditional engagement rings.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Which feature is used to summarize data from multiple worksheets but does not require that the data be in the same location on every worksheet?
Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.
What is worksheet?
A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.
Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.
In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.
As a result, data consolidation is summarizing data from multiple worksheets.
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what is meant by entry book
Answer:
Its a record of money in the bank
Where scaffolds are utilized they shall
be provided with _ for the entire
length, and shall have
to
prevent slipping.
Answer:
im not aure
Explanation:
im not aure
Clarity the similarities and differences
between plough and tractor.
Answer:
Explanation:
1. Plough is a local technology whereas Tractor is a modern technology.
2. Plough requires human energy whereas Tractor does not require much human energy.
3. Plough doesn’t affect the environment whereas Tractor affects the environment.
4. Lever technology is used in Plough whereas Rolling technology is used in Tractor.
5. Plough requires or consumes more time whereas Tractor consumes less time.
Hope this helped!!!
Explain the hipp of the primary sources below source: letter written by john rolfe
The correct answer to this open question is the following.
Explain the HIPP of the primary sources below source: "letter written by John Rolfe."
"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.
"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.
"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.
"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.
Which of the following statements most closely describes the variation in unemployment rates across countries in Europe?a. Countries with more generous unemployment insurance tend to have lower unemployment rates, but this effect is completely offset if benefits are offered for a longer period of time.b. Countries with higher rates of unionization tend to have higher unemployment rates and this tendency is exacerbated if wage negotiations are coordinated among employersc. Countries with more generous unemployment insurance benefits tend to have higher unemployment rates, but this is partially mitigated if the benefits are offered for a longer period of time.d. Countries with higher rates of unionization tend to have higher unemployment rates, but this is partially mitigated if wage negotiations are coordinated among employers.
The statement that most closely describes the variation in unemployment rates across countries in Europe is option c.
The statement that most closely describes the variation in unemployment rates across countries in Europe is option c. This means that countries with more generous unemployment insurance benefits tend to have higher unemployment rates, but this effect is partially mitigated if the benefits are offered for a longer period of time. The reason for this is that more generous benefits may disincentivize people from actively seeking employment, but if the benefits are offered for a longer period of time, it can give individuals more time to find a job. This is an important factor to consider when designing unemployment policies. It's worth noting that while higher rates of unionization can lead to higher unemployment rates, this effect can be partially mitigated if wage negotiations are coordinated among employers. Overall, it's important to strike a balance between providing support to those who are unemployed while also incentivizing them to seek employment.
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QUESTION 22 What is one cost of avoiding insurance? A. falling into debt if faced with a serious problem B. not benefitting from insurance deductibles C. not being able to purchase a car or home D. facing increased probability of accidents
Answer:
A. falling into debt if faced with a serious problem
At the beginning of September, Helen Rojas started Rojas Wealth Management Consulting, a firm that offers financial planning and advice about Investing and managing money on September 30, the accounting records of the business showed the following information $132,400 16,000 13,600 150,099 Cash Accounts receivable office supplies office equipment Accounts payable Helen Rojas, Capital, September 1, 20X1 Fees Income Advertising expense Salarles expense Telephone expense withdrawals 186,800 311,600 64,000 3,200 Required: Prepare a statement of owner's equity for the month of September and a balance sheet for Rojas Wealth Management Consulting as of September 30, 20X1
Total Liabilities and Owner's Equity is $366,499 at Owner's Equity as of September 30, 20X1 $194,000.
To prepare the statement of owner's equity, we need to take into account the initial capital investment and any changes to that capital during the month of September. The statement of owner's equity can be prepared as follows:
Statement of Owner's Equity for September 20X1
Helen Rojas, Capital, September 1, 20X1 $132,400
Add: Net Income for September (Fees Income - Advertising expense - Salaries expense - Telephone expense) $64,800
Less: Withdrawals $3,200
Total Owner's Equity as of September 30, 20X1 $194,000
To prepare the balance sheet, we need to list the assets, liabilities, and owner's equity as of September 30, 20X1. The balance sheet can be prepared as follows:
Balance Sheet as of September 30, 20X1
Assets
Cash $186,800
Accounts receivable $16,000
Office supplies $13,600
Office equipment $150,099
Total Assets $366,499
Liabilities
Accounts payable $64,000
Total Liabilities $64,000
Owner's Equity
Helen Rojas, Capital $194,000
Total Liabilities and Owner's Equity $366,499
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For a loss contingency to be accrued,
a. it is not necessary that the lawsuit was filed before the end of the accounting period.
b. the lawsuit must have been filed before the end of the accounting period.
c. the cause of the lawsuit must have occurred before the end of the accounting period.
d. the cause of the lawsuit could have occurred before or after the end of the accounting period.
Answer: the cause of the lawsuit must have occurred before the end of the accounting period
Explanation:
A loss contingency is simply an expense charge for what is a future event that may occur like a lawsuit adverse outcome.
For a loss contingency to be accrued, the cause of the lawsuit must have occurred before the end of the accounting period. It should be noted that it's not important for the lawsuit to be filed in that particular reporting period.
Which of the following is considered an input in the systems thinking example of a TPS? Select one: a. CRUD b. Calculate c. Source Document d. Report
The source document is considered an input in the systems thinking example of a TPS.
A Transaction Processing System (TPS) is a type of information system that collects, processes, stores, and retrieves the transactions of an organization. The TPS typically consists of inputs, processes, outputs, and feedback. In the systems thinking example of a TPS, the source document is considered an input, which contains information about a transaction, such as what happened, when it occurred, and who was involved. The source document is usually a paper or electronic document that provides the initial data for the TPS to process. The other options listed, such as CRUD (create, read, update, delete), calculate, and report, are more likely to be processes or outputs in a TPS.
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Once the election to use the LIFO inventory method has been made by a taxpayer, the inventory method may be changed only with the consent of the IRS.
A. True
B. False
A. True Once a taxpayer has elected to use the LIFO (Last-In, First-Out) inventory method, it becomes a part of their accounting method. As a result, any changes to this method must be approved by the IRS.
This is because changing inventory methods can potentially have a significant impact on a taxpayer's tax liability. For example, changing from LIFO to FIFO (First-In, First-Out) could result in a lower cost of goods sold and higher profits, which would increase the taxpayer's tax liability.To change inventory methods, a taxpayer must submit a request to the IRS and provide a detailed explanation of why the change is necessary. The IRS will then review the request and may require additional information or documentation before granting approval. It is important for taxpayers to be aware of the rules and requirements surrounding inventory methods and to work with a qualified tax professional to ensure compliance with IRS regulations.
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a corporation issued 230 shares of its $5 par value common stock in payment of a $3,100 charge from its accountant for assistance in filing its charter with the state. the entry to record this transaction will include:
A corporation issued 230 shares of its $5 par value common stock in payment of a $3,100 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include: A $1,950 credit to Paid-in Capital in Excess of Par Value, Common Stock.
The term "common stock" refers to the ownership shares in a US firm. Common stockholders, common shareholders, or simply stockholders or shareholders are terms used to refer to the holders of common stock. Only a small number of companies issue preferred stock in addition to their common shares.
The owners of common stock typically:
Select the board of directors for the company.
Consolidation ballots
Take part in changes in the market value of the shares of common stock, both up and down.
Obtain cash gains in order to meet the corporation's financial and cash needs.
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each listed stock option contract gives the holder the right to buy or sell shares of stock. each listed stock option contract gives the holder the right to buy or sell shares of stock. 10 100 1000 1
The correct statement is:
Each listed stock option contract gives the holder the right to buy or sell 100 shares of stock.
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Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on on first $45225 of taxable income 2.13% on next $83989( over $ 45225 upto $129.214) 3. 15% on $129.214 Calculate the annual income tax payable.
Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on the first $45225 of taxable income, 2.13% on the next $83989( over $ 45225 up to $129.214), and 15% on $129.214. Susan Sleugh's total tax payable is $-3526.60.
For income below $45225, the rate of tax is 1.11%. Therefore the amount of tax that Susan has to pay for the income below $45225 is:1.11/100 × 45225 = $501.28
Next, for the next $83989( over $ 45225 up to $129.214) the rate of tax is 2.13%. Therefore, the amount of tax that Susan has to pay for this amount is 2.13/100 × 83989 = $1791.27Now, for the amount above $129.214, the rate of tax is 15%.
Therefore, the amount of tax that Susan has to pay for the amount above $129.214 is:15/100 × (89079 - 129214) = -$5829.15. Hence, her total tax payable for the year is Total tax payable = $501.28 + $1791.27 - $5829.15= -$3526.60. Susan Sleugh's total tax payable is $-3526.60.
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Which statements apply to a certificate of deposit (CD)? Check all that apply. It is always purchased as a short-term investment. It can be purchased from a banking institution. It is always purchased as a long-term investment. It can be purchased for almost any amount. It is purchased through an individual's employer.
The statements that apply to a certificate of deposit include;
It can be purchased from a banking institution. It can be purchased for almost any amount.A certificate of deposit is a low-risk investment where the depositor fixes a sum of money in an account for a period of time after which he can collect the investment along with interest accrued. Banks and credit unions are the main financial institutions known for issuing certificates of deposits. It is quite similar to opening a bank account.
The flexibility obtainable from this investment plan allows depositors to fix amounts that are commensurate to their budgets. However, some financial institutions have minimum amounts that are required for certificates of deposit. Different institutions have varying interest rates, therefore, it is necessary to make proper research before opting for an institution.
Summarily, the statements that apply to a certificate of deposit are;
It can be purchased from a banking institution. It can be purchased for almost any amount.Learn more about certificates of deposits here:
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Answer:
-It can be purchased from a banking institution.
- It can be purchased for almost any amount.
Explanation: just took the test
A mixed economy is when the economy has different elements of traditional, command, and market. United
States of America is a mixed economy. What is one example an element of a traditional economy that you
would see in the United States of America.
A)Larry H. Miller Group of Companies
B) Wanart
C)The local farmers' market
D)University Mall in Orem
Answer:
b is the correct answer
Explanation:
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
When reporting liabilities on a balance sheet, in theory, what measurement should be used?.
The present value of the future outflow should be considered, in theory, when recording liabilities on a balance sheet. Hence the correct response for this question is option (b).
What is a balance sheet?A balance sheet is nothing but a financial statement that shows a company's assets, liabilities, and shareholder equity at a specific point in time. It serves as the basis to determine investor return rates as well as evaluating a company's financial structure.
A balance sheet has several advantages, including determining risk regardless of the size of a firm or the sector in which it works. This financial statement covers all assets and liabilities for a corporation. A business will be able to determine in a timely manner whether it has taken on too much debt, whether the liquidity of its assets is inadequate, or whether it has enough cash on hand to cover immediate needs.
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The complete question is given below :
When reporting liabilities on a balance sheet, in theory, what measurement should be used?
a. Present value of the present outflow
b. Present value of the future outflow
c. Future value of the present outflow
d. Future value of the future outflow
a hotel has 147 rooms. the housekeeping staff is able to clean 7 rooms per employee. the average employee is paid $100 per day. the hotel is expecting to be operating at full capacity for the coming weekend. how many employees will it need per weekend day?
The hotel will need 21 employees per weekend day. An individual who performs work for another party in exchange for payment is called an employee.
The specifics of an employee arrangement are crucial since whether someone qualifies as an employee will determine whether payroll taxes are applicable and who is responsible for paying them.
Even though the individual has a significant amount of freedom of action, they are still considered to be an employee under common-law principles if you have the authority to direct what will be done and how it will be done. Any individual who satisfies these requirements is regarded as an employee, regardless of any other factors.
In the given question,
Number of employees needed per weekend day
= No of rooms in the hotel/Rooms that can be cleaned per employee
= 147/7
= 21 employees
Therefore, 21 employees will be needed per weekend day.
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What is the best definition of technology?
Technology is replacing human workers with mechanical or electronic devices.
Technology is applying scientific knowledge to find answers and fix problems.
Technology is using fewer resources to manufacture goods more efficiently.
Technology is hiring workers from all over the world to manufacture goods.
Answer:
technology is applying scientific knowledge to find answers and fix problems.
Explanation:
thats what i think. sorry if its wrong
Answer:
EDG: A-Technology is applying scientific knowledge to find answers and fix problems.
Explanation:
Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors
The majority of businesses in resort towns target tourists.
Who is the luxury hotel industry's target customer?As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.
What advantages come from forming and focusing on prospect groups?Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.
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how can i get financing for my self storage business how to start a self storage business
Answer:
there are a ton of programs that will fund small buisnesses but in the meantime while waiting for that to happen you could get a part time job and save all your money for the buisness or you can hussle i recomend looking into marketplace flipping it is a great way to make quick cash if your good at it
Explanation:
Which of the following is a certificate of deposit (CD)?
An account paying 0.05% interest with no other limitations
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest
A "basket" of money pooled in by many investors to acquire securities based on the value of cash
An investment in stocks
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest is a certificate of deposit (CD).
What does a CD certificate entail?In exchange for holding a specific amount of money for a specific length of time, such as six months, a year, or five years, a certificate of deposit (CD) is a savings account that earns interest from the issuing bank.
What's the procedure for a CD certificate of deposit?A certificate of deposit (CD) is a savings instrument that yields interest on a one-time payment for a predetermined amount of time. In contrast to savings accounts, CDs require that the money remain untouched for the duration of the term in order to avoid penalty fees and lost interest.
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A global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.
Answer:
The correct answer is "Internet".
Explanation:
A global structure of data networks, the collection of several types of networks throughout which the clients at any device will, whether they have the authorization, obtain some technical information from other devices, recognized as an internet. Which utilizes a fraction of that same cumulative capacity of the already additional infrastructure network systems.