What resource tells the managers of a business how effectively the other three resources are being combined and used

The business buying decision factor  that would include political forces, economic factors, and technological changes is: Environmental factors .

Buying decision can be defined as the process in which a buyer put into consideration some factors before  deciding to buy a product

Environmental factors consist of the following:

Therefore the business buying decision factor  that would include political forces, economic factors, and technological changes is: Environmental factors .

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1- Journal Entries: a. November 2021: Cash (or Accounts Receivable) $5,200 Gift Card Liability $5,200

b. December 2021: Cash (or Accounts Receivable) $2,100 Sales Revenue $2,000 Sales Tax Payable $80 Gift Card Liability $1,300

Gift Card Breakage Revenue $100 ($1,300 x 20%)

In November 2021, the restaurant received $5,200 in cash (or accounts receivable) from the sale of gift cards. This results in a liability for the restaurant as the gift cards are redeemable for meals within two years of the purchase date. In December 2021, customers presented gift cards with a total value of $1,300 to pay for meals that cost $2,100. Since the meals were sold in December, the restaurant collected 4% sales tax on the meals ($2,100 x 4% = $80). The $2,000 ($2,100 - $80) received from the customers is recorded as sales revenue, and the sales tax collected is recorded as a liability until remitted in January. The liability for the unredeemed gift cards at the end of the year is $1,300 ($5,200 - $2,100) and is recorded as a liability. The restaurant also recognizes $100 of breakage revenue ($1,300 x 20%) since experience within the industry indicates that 80% of gift cards are redeemed within one year.

2- Liability for Gift Cards:

The liability for gift cards to be reported on the December 31, 2021, balance sheet is $1,300.

3- Classification of Liabilities:

The liability for gift cards should be classified as current liabilities on the December 31, 2021, balance sheet since they are expected to be redeemed within one year.

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Ithaca Corp. purchased Cortland Inc. bonds with a face value of $330,000 on January 1, 2021. The bonds have a stated interest rate of 5%, payable semiannually. The market yield for similar bonds on various dates in 2021 was 11%, 12%, and 14%. This response will calculate the price paid for the bonds on January 1, 2021, and provide journal entries for both the held-to-maturity and fair value options for the bond investment in 2021.

a. To calculate the price paid for the Cortland bonds on January 1, 2021, we need to determine the present value of the future cash flows. Since the bonds have a face value of $330,000 and a stated interest rate of 5% payable semiannually, we can calculate the bond price using the present value formula. The market yield on January 1, 2021, is 11%. By discounting the future cash flows, the price paid for the bonds would be lower than the face value, and the specific amount can be calculated using the formula. Once the price is determined, a journal entry is made to record the purchase, debiting the "Bonds payable" account and crediting the "Cash" account.

b. If Ithaca accounts for the bonds as a held-to-maturity investment, it would recognize interest revenue at the effective interest rate as of the purchase date. The effective interest rate is calculated based on the present value of the expected cash flows. Journal entries would be made to record the interest revenue on June 30 and December 31, debiting the "Cash" account and crediting the "Interest revenue" account.

c. If Ithaca chose the fair value option, it would need to determine the fair value of the bonds semiannually. This fair value can be influenced by changes in market yields. The journal entries would involve adjusting the fair value of the bonds and recognizing any changes in fair value as unrealized gains or losses in the "Fair value adjustment" account. Interest revenue would still be calculated based on the effective interest rate as of the purchase date and recorded through appropriate journal entries on June 30 and December 31.

Note: The calculations and specific journal entries can be provided if required, as they depend on the specific values and dates mentioned in the problem.

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A careers fair's goal is to facilitate networking between businesses and job seekers. These programs are for those who are unsure about their next move, wish to change careers, or want to learn more about a specific field. It does not include gaining favors from another person.

What happens at a job or career fair?

Hundreds of employers and even more job seekers will attend live career fairs. Each employer will have a separate booth where visitors may talk to representatives and current workers to learn more about the who, what, where, why, and how of the company. This is your chance to network and meet potential employers. Along the way, you can also pick up information packets, attend seminars, pass out your resume, and possibly even depart with an interview scheduled. Everyone is welcome at recruitment events like career fairs, which is a wonderful feature. There are chances for people of all ages and levels of expertise due to a large number of diverse employers in attendance.

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Answer:

the answer is NOT common terms of reference

Explanation:

got it wrong on edg quiz :(

ANSWER: matching objectives and target-market priorities 

Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.

Explanation:

The Erie canal was able to connect industries and consumers in the east with c. Midwestern farmers.

The Erie Canal:

The Great Lakes were accessible to farmers in the midwestern region and after the Erie Canal was built, farmers were able to send their produce via the Great Lakes and through the Erie Canal to New York City where it could be purchased by industries and people or shipped internationally.

In conclusion, the Erie canal was very important to midwestern farmers as it increased their reach.

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Options for this question include:

a. Southern planters

b. Canadian fur traders

c. Midwestern farmers

d. New England fishers

Discretionary responsibility is the obligation to go above and beyond what society expects in order to promote social welfare.

The corporate sector has a charitable duty to support many social groups. It should also try to provide free education by starting schools and training facilities or aiding those afflicted by natural disasters like earthquakes and floods. The social duty perspective views business as having primary economic goals and limits socially responsible efforts primarily to complying with the law. According to the socially responsible perspective, businesses should aim to advance both the economy and society.

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Quantitative methods of forecasting include sales force composite, exponential smoothing, and consumer market survey.

Quantitative methods of forecasting utilize numerical data and mathematical models to make future predictions. In this case, the three mentioned methods, sales force composite, exponential smoothing, and consumer market survey, fall under the umbrella of quantitative forecasting techniques.

1. Sales force composite: This method involves gathering input and insights from the sales team to estimate future sales. The sales force provides their individual forecasts, which are then aggregated and analyzed to create a comprehensive sales projection.

This method leverages the knowledge and experience of the sales team, who are closest to customers and market trends.

2. Exponential smoothing: Exponential smoothing is a time series forecasting technique that places more weight on recent data points while gradually decreasing the weight of older data points.

It uses historical data to forecast future values by smoothing out fluctuations and trends. The exponential smoothing method calculates a weighted average of past observations, giving more importance to recent observations.

3. Consumer market survey: Consumer market surveys involve collecting data directly from consumers through questionnaires, interviews, or online surveys.

These surveys aim to gather insights on consumer preferences, behaviors, and intentions. The collected data is then analyzed and used to make predictions about future consumer demand and market trends.

These quantitative methods provide a systematic approach to forecasting by leveraging numerical data, historical patterns, and consumer insights. They help organizations make informed decisions, plan for the future, and optimize their operations and strategies.

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The EBIT (Earnings Before Interest and Taxes) for the given income statement is $194,401.36.

To calculate EBIT (earnings before interest and taxes), we need to subtract the cost of goods sold, depreciation, and other operating expenses from the sales revenue. Therefore,

EBIT = Sales - Cost of Goods Sold - Depreciation - Other Operating Expenses

In this case, the only other operating expense given is taxes, which we can calculate using the given tax rate of 21%.

1. First, let's calculate the Cost of Goods Sold:

Cost of Goods Sold = Sales - Gross Profit

Gross Profit = Sales - Costs

Gross Profit = $967,144 - $629,216 = $337,928

Cost of Goods Sold = $967,144 - $337,928 = $629,216

2. Next, we can calculate EBIT:

EBIT = $967,144 - $629,216 - $143,100 - (0.21 x $967,144)

EBIT = $194,401.36

Therefore, the EBIT for this income statement is $194,401.36.

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The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.

A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.

It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.

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As a graduate of CSE, there are a plethora of career options. One such option is data management executive. You may want to be a data management executive because of the following reasons.

1. A degree in CSE is critical in data management since it provides a solid foundation in computer programming, database management, and other data-related subjects. As a result, data management can be a logical career path for CSE graduates.
2. Data management is a fast-growing industry, with numerous opportunities for career development and progress. It provides CSE graduates with the chance to work on cutting-edge technology and participate in important company initiatives, leading to a more fulfilling and exciting career.
Ad operations and data management are similar in that they both deal with data and data-driven decision-making. Ad operations is concerned with the delivery and performance of advertising campaigns across various channels and devices. Data management, on the other hand, is concerned with the organization, storage, and analysis of data. Despite their different goals, Ad operations and data management are heavily interdependent.
Ad operations generates data, which is subsequently managed, analyzed, and used to inform future campaigns by data management. In contrast, data management informs ad operations about the target audience and how to reach them more effectively. As a result, Ad operations and data management are inextricably linked, and a strong understanding of both is necessary for a career in either field.
In conclusion, as a CSE graduate, you may want to pursue a career in data management because of the field's growing opportunities and the inherent connection between Ad operations and data management.

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Answer:

Your answer is: C) Employee turnover

Explanation:

7.5 lb of walnuts will cost $34.50

The first step is to calculate the price of 1 lbs of walnut

$3.45= 3/4 lb

x= 1 lb

cross multiply

3.45 × 1= 3/4x

3.45= 0.75x

x= 3.45/0.75

x= 4.6

Therefore it will take $4.6 to make 1 lb

The next step is to calculate the cost of 7.5 lbs of walnuts

4.6= 1

x= 7.5

Cross multiply

x= 4.6 × 7.5

= $34.5

Hence 7.5 lb of walnuts will cost $34.50

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The car payment for a $30,000 loan with an interest rate of 6.5% for 60 months would be approximately $579.98.

To calculate the car payment, you will need to use the formula for loan amortization. The formula is:
\(P = (r * A) / (1 - (1 + r)^{(-n)})\)

Where:
P = car payment
A = loan amount (cost of the car)
r = monthly interest rate (annual interest rate divided by 12)
n = number of months

Given that the cost of the car is $30,000, the interest rate is 6.5%, and the loan term is 60 months, we can plug in the values into the formula.

First, convert the annual interest rate to a monthly rate: 6.5% / 100 / 12 = 0.00542.

Next, substitute the values into the formula:

\(P = (0.00542 * 30000) / (1 - (1 + 0.00542)^{(-60)})\)

Using a calculator, the car payment (P) comes out to be approximately $579.98.

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The slopes would be -2 for the function u(x, y) = xy and -3 for the function u(x, y) = 6x + 2y. The marginal rate of substitution (MRS) measures the rate at which a consumer is willing to substitute one good for another while maintaining the same level of utility.

(a) Indifference curves for the utility functions:

i. u(x, y) = xy (MUx = y, MUy = x)

For 9 utils:

Indifference curve: x = 3y/2

Consumption bundles: (0,0), (2,4), (4,8)

For 16 utils:

Indifference curve: x = 4y/2

Consumption bundles: (0,0), (2,1), (4,2)

ii. u(x, y) = 6x + 2y (MUx = 6, MUy = 2)

For 10 utils:

Indifference curve: x = 5 - y/3

Consumption bundles: (0,5), (2,4), (4,3)

For 20 utils:

Indifference curve: x = 10 - y/3

Consumption bundles: (0,10), (2,8), (4,6)

(b) For the person in part a(i), with utility function u(x, y) = xy (MUx = y, MUy = x), if she increases her consumption of x by 1 unit from 100 units, the additional utility she would get can be calculated using the marginal utility of x.

MUx = y

MUx = 50 (given consumption of y)

The additional utility from increasing consumption of x by 1 unit can be calculated as follows:

Additional utility = MUx * change in x

Additional utility = 50 * 1

Additional utility = 50 utils

This relates to the formula given in parentheses in part a(i) because it represents the marginal utility of x (MUx) multiplied by the change in x.

(c) The marginal rate of substitution (MRS) measures the rate at which a consumer is willing to substitute one good for another while maintaining the same level of utility. For each utility function:

i. u(x, y) = xy (MUx = y, MUy = x)

MRS = MUx / MUy

MRS = y / x

ii. u(x, y) = 6x + 2y (MUx = 6, MUy = 2)

MRS = MUx / MUy

MRS = 6 / 2

MRS = 3

(d) At the bundle (2,4) for each utility function:

i. u(x, y) = xy (MUx = y, MUy = x)

The slope of the indifference curve is the negative of the MRS:

Slope = - (y / x)

Slope = - (4 / 2)

Slope = -2

ii. u(x, y) = 6x + 2y (MUx = 6, MUy = 2)

The slope of the indifference curve is the negative of the MRS:

Slope = - (MUx / MUy)

Slope = - (6 / 2)

Slope = -3

At the bundle (4,1) for each utility function, the slopes of the indifference curves would be the same as at the bundle (2,4) since the utility functions are not affected by the specific bundle points. Therefore, the slopes would be -2 for the function u(x, y) = xy and -3 for the function u(x, y) = 6x + 2y.

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Under a monopoly, the firm produces the output where the price (P) is greater than both the marginal revenue (MR) and the marginal cost (MC). This means that the firm is producing at a point where it is charging a price higher than what it would charge in a perfectly competitive market. The reason for this is that a monopoly has market power and can control the price of its product. Therefore, it will produce at a lower quantity and charge a higher price, resulting in economic profits.

In contrast, in a perfectly competitive market, the firm produces the output where the price is equal to both the marginal revenue and the marginal cost. This means that the firm is producing at the point where it is making normal profits and there are no economic profits in the long run. The reason for this is that in a perfectly competitive market, there are many firms producing identical products, and no single firm has the market power to influence the price. Therefore, firms are price takers and will produce at a point where they are making normal profits.
In summary, the key difference between monopoly and perfect competition is that in a monopoly, the firm has market power and will produce at a point where it charges a higher price and produces a lower quantity, resulting in economic profits. In contrast, in perfect competition, the firm is a price taker and will produce at a point where it makes normal profits.

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The average cost for guidance control for the 20 in the contract is $112,000, rounded to the nearest dollar amount.

a. Calculation of last unit cost to buildThe cost of producing the first unit of the cruise missile guidance control is $40,000 and it took 4,000 hours to complete. Therefore, the labor cost for the first unit can be calculated as:

4,000 hours × $20/hour = $80,000

For the second unit, the cost was $32,000 and it took 3,600 hours to complete.

Therefore, the labor cost for the second unit can be calculated as:  3,600 hours × $20/hour = $72,000

The average cost per guidance control for the 20 units in the contract = $2,240,000/20 units = $112,000 .

Thus, the total labor cost for both the units = $80,000 + $72,000 = $152,000

Therefore, the average labor cost per hour = $152,000/7,600 hours = $20/hour

Hence, the cost of producing the last unit can be calculated as:

(20 hours × $20/hour) + $32,000 = $400 + $32,000 = $32,400

Therefore, the last unit will cost $32,400 to build.b.

Calculation of the average time for the 20 missile guidance controls

To calculate the average time for the 20 missile guidance controls, we can use the average time per unit of the first two units.

The total time taken to produce the first two units = 4,000 + 3,600 = 7,600 hours

Therefore, the average time per unit = 7,600 hours/2 units = 3,800 hours

Thus, the average time to produce 20 missile guidance controls = 3,800 hours × 20 units = 76,000 hours

Therefore, the average time for the 20 missile guidance controls is 76,000 hours, rounded to the nearest whole number.c.

Calculation of the average cost for guidance control for the 20 in the contract

The total cost of producing the first two units = $40,000 + $32,000 = $72,000

The total labor cost for the first two units = 4,000 hours × $20/hour + 3,600 hours × $20/hour

= $80,000 + $72,000 = $152,000

Therefore, the total cost to produce the first two units including labor = $72,000 + $152,000 = $224,000

The cost per unit for the first two units = $224,000/2 units = $112,000

Therefore, the total cost of producing 20 units can be calculated as:20 units × $112,000/unit = $2,240,000

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For each of the business events listed in the table, (1) the business process for the event in a process-based approach [Acquisition and Payment, Conversion, Sales and Collection] and (2) the traditional accounting cycle(s) [Revenue/Accounts Receivable, Financing, Expenditures/Accounts Payable, Payroll, N.A, Production, Cost accounting, Accounts Receivable, Revenue] for the event are as follows:

Business Event Business Process Approach Traditional Accounting Cycle(s)
Ship goods to credit customer Sales and Collection Revenue/Accounts Receivable
Pay hourly employees for the week Payroll N.A

Sell goods for cash Sales and Collection Revenue/Accounts Receivable
Order a new factory machine Acquisition and Payment Expenditures/Accounts Payable
Receive raw materials from vendor Acquisition and Payment Expenditures/Accounts Payable

Receive payment from credit customer Sales and Collection Revenue/Accounts Receivable
Take out a loan to pay for a new factory machine Financing Financing
Pay a dividend to shareholders Financing N.A

Manufacture a product Conversion Production/Cost Accounting
Write off an uncollectible account Sales and Collection Accounts Receivable
Issue new common stock Financing N.A.

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The journal entries prepared are Document requirements, Direct labor, Fees apply, and applied overhead.

To record applicable material, labor, and overhead requirements, we need to make the following journal entries:

Document requirements:

Raw material inventory XX

Accounts payable XX

This entry records the issue of materials used in production.

Direct labor:

Inventory of work in progress XX

Salary payable XX

This entry records direct labor costs incurred in the production process.

Fees apply:

Inventory of work in progress XX

Manufacturing overhead XX

This entry records the overhead that applies to products in the manufacturing process.

To record the applicable general amount, we need to calculate the gross amount based on direct labor costs:

Manufacturing overhead = 150% * direct labor cost

We can then use this amount to record the applied cost in the journal entry.

For example, if the direct labor cost is $10,000, the entry to record the applicable overhead would be:

Work-in-progress inventory $15,000

Production cost $15,000

This entry will record the application of $15,000 in overhead to products being manufactured.

Note that these journal entries must be made periodically (e.g., at the end of each accounting period), based on actual costs incurred in the production process. 

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Answer:

Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.

Different sources of finance exist operated by various companies. Global Traders exist offering Trade Credit as a source of finance to the Best Coffee enterprises. Trade credit exists as a business-to-business (B2B) arrangement in which a customer can buy goods without spending cash up front, and delivering the supplier at the latest scheduled date.

Trade credit exists as a business-to-business (B2B) arrangement in which a consumer can buy goods without spending cash up front, and paying the supplier at a later scheduled date. Usually, companies that work with trade credits will give customers 30, 60, or 90 days to pay, with the transaction recorded through an invoice.

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The goal of such an objective of increasing stock prices is frequently immediately linked to management's success in creating value.

A company's share price is decided by market supply and demand once it becomes public and its shares begin trading on a stock exchange. The price will rise if there is a large demand for its shares.

The long-term impact of a company's business actions is reflected in stock values. Investors might immediately realize capital gains by selling their shares in a company when it maximizes its stock price.

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Answer 1:

B is the answer.

Computers where there are many competitors with slightly differentiated products.

Explanation:

A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.

Answer 2:

A is the correct answer.

Operational Risk.

Explanation:

When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.

Answer 3:

When there is an increase in interest rate, the following takes place:

Cheers

1. The most useful power for a manager depends on various factors, such as the specific situation, goals, and the personality and preferences of the manager.

2. To elicit followership, a manager should also:

3. The leading function of management can be leveraged within the context of Corporate Social Responsibility by:

Corporate social responsibility is a type of international private business self-regulation that tries to support philanthropic, activist, or charitable societal goals by participating in or promoting volunteer work or morally upstanding behaviors.

Corporate social responsibility is a corporate strategy that involves a company's monitoring and assurance of compliance with legal, ethical, environmental, societal, national, and international norms.

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