An economy is not completely utilizing its resources and technology if it is working inside the production possibility curve, but there are still some resources available for additional production.
When a country's economy is operating within its production potential frontier?We refer to an economy as producing efficiently when it is on its production potential curve. It engages in inefficient production if it uses the same quantities of production elements but stays inside its production possibilities curve.
What does it mean when an economy is active within PPC?An economy based on PPC will always show that the potential output is equal to the actual production since it depicts possible combinations of two items that can be created when the available resources are fully and efficiently utilized and the technology for generating them remains constant.
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True or false is April 15th is an important date for people who have a job.
Answer:
true
Explanation:
its Tax Day so they are very busy
hurry please!!!giving brainliest!
Answer:
A
Explanation:
Under the Securities Act of 1933, if damages were incurred and there was a material misstatement or omission in the financial statements, the CPA will most likely lose the lawsuit unless:
Answer:
The CPA rebuts the allegations
Explanation:
The Securities Act of 1933 requires that investors receive financial and other significant information regarding any and all securities being sold publicly and prohibits deceit, misrepresentations, and other fraud in the sale of securities. Therefore, since there was material misstatement or omission in the financial statements, the only chance the CPA has is if they rebut the allegations. Meaning that they provide actual evidence, such as physical statements or witnesses that contradict or nullify the evidence that is being presented against them regarding the material misstatement or omission
Conduct a comprehensive comparison and contrast between manual accounting and computerized accounting. Additionally, this examination should include why businesses transition from manual to computerized accounting and what challenges are associated with the transition.
Manual accounting and computerized accounting are two methods of recording and managing financial information in a business. Manual accounting involves using pen and paper or physical ledgers to record transactions, while computerized accounting utilizes specialized accounting software to automate and streamline the process.
Manual accounting relies on manual calculations and handwritten entries, which can be time-consuming and prone to human errors. It involves maintaining physical ledgers and manually reconciling accounts. On the other hand, computerized accounting uses accounting software that automates various tasks, such as calculations, journal entries, and financial report generation. It provides real-time data updates, efficient data storage, and the ability to generate reports quickly.
Businesses transition from manual to computerized accounting to enhance efficiency, accuracy, and productivity. Computerized accounting systems can handle large volumes of data, perform complex calculations accurately, and provide instant access to financial information. They also offer features such as automated transaction recording, bank reconciliation, and customizable reports, which streamline the accounting process and improve decision-making.
However, transitioning to computerized accounting can present challenges. The initial investment in software, hardware, and training can be significant. Employees need to be trained on using the accounting software effectively. Data migration from manual records to the computerized system can be time-consuming and requires careful attention to ensure accuracy. Additionally, businesses need to address data security concerns and implement measures to protect sensitive financial information from unauthorized access or cyber threats.
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Kendra needs to organize information about last year's sales. She wants to calculate how much revenue was generated and compare it to sales data from previous years. Which type of program will be the best for Kendra to use to help her achieve task
Answer:spreadsheet program - apex
Explanation:
Just took the test and failed that question
B4. Alison is interested in investing in a private limited company of one of her friends. She presented to you the following extracts from the business income and financial position statements: 20X7 20X8 £000 £000 4,940 6,850 Revenue Cost of sales Gross profit (3,020) (4,550) 1,920 2,300 (1,460) (1,850) Operating expenses Operating profit 460 450 Cash and cash equivalents 20 10 Inventories 930 1,850 Share capital 3,810 5,460 Current liabilities 560 840 Required: (i) Calculate the following financial ratios for Alison and comment on any apparent changes in business performance between 20X7 and 20X8: (a) Gross profit margin (b) Operating profit margin (c) Return on shareholders' equity [8 marks] (ii) Assess the change of the business liquidity using the following ratios. Provide a brief commentary to Alison. (d) Current ratio (e) Acid test [6 marks] (iii) Explain to Alison the importance of investigating the company's efficiency ratios and how efficiency affects profitability. [6 marks]
(i) Financial ratios for Alison and changes in business performance between 20X7 and 20X8:
(a) Gross profit margin: 39.02% (20X7) and 33.57% (20X8) - decrease in profitability.
(b) Operating profit margin: 9.31% (20X7) and 6.57% (20X8) - decrease in profitability.
(c) Return on shareholders' equity: 12.04% (20X7) and 8.25% (20X8) - decrease in profitability.
(i) Financial ratios provide insights into a company's performance and profitability. Comparing the ratios for Alison's friend's company between 20X7 and 20X8, we can observe the following changes:
(a) Gross profit margin: Gross profit margin is an indicator of how efficiently a company generates profit from its revenue after deducting the cost of goods sold. In 20X7, the gross profit margin was 39.02%, which decreased to 33.57% in 20X8.
This indicates a decrease in profitability and suggests that the company experienced higher costs or lower selling prices relative to its revenue.
(b) Operating profit margin: The operating profit margin measures the company's ability to generate profit from its operations, excluding non-operating expenses. In 20X7, the operating profit margin was 9.31%, which decreased to 6.57% in 20X8.
This decline indicates a decrease in profitability, suggesting that the company's operating expenses increased relative to its revenue.
(c) Return on shareholders' equity: Return on shareholders' equity (ROE) reflects the profitability generated for shareholders' invested capital. In 20X7, the ROE was 12.04%, which decreased to 8.25% in 20X8.
This decrease indicates a lower return on investment for shareholders, suggesting a decline in overall profitability and efficiency of utilizing equity.
Overall, these ratios indicate a decline in business performance between 20X7 and 20X8, with lower profitability and efficiency.
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Amy works as a teller at the local bank. What kind of education would Amy likely have needed for her job?
Answer:
high school diploma
Explanation:
Answer:
High School Diploma
Explanation:
I took the test said it was right. Also when you search what the requirements to become a bank teller it says "High School Diploma or equivalent."
What is characteristic of an organization in which salespeople do most or all of their own marketing?
independent
small size
nonprofit
private
Answer:
private
Explanation:
people are doing private marketing to earn money for themselves
the tension between integration (centralisation) and differentiation (localization) is seldom a major dilemma for global firms and their hr managers. group of answer choices true
The statement is subjective and can vary depending on the specific context and circumstances of global firms.It is not possible to categorically classify it as true or false without further research.
In reality, global firms often face challenges in striking the right balance between centralization and localization in their HR practices. On one hand, centralization allows for standardized policies and procedures, streamlined decision-making, and cost efficiencies. On the other hand, localization recognizes the need to adapt HR practices to local cultures, regulations, and labor markets to ensure effective talent management and employee engagement.
The extent of the tension between integration and differentiation can vary based on factors such as the firm's industry, size, geographic spread, and organizational culture. Some global firms successfully navigate this tension by adopting a hybrid approach that combines centralized global policies with localized implementation, while others may prioritize one over the other based on their strategic objectives and operational needs.
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Which company is moving beyond Max Webers original predictions for bureaucracy?A. Lifestyle shoes has overhauled its structure to become less hierarchalB. At night light electrical supply small groups of employees form friendly and effective work groupsC. Health now uses a govt model to develop its hospital administration structureD. At mtn university, upper administration hold info that cannot be shared with lower level employees
Based on the given options, option B - "At Night Light Electrical Supply small groups of employees form friendly and effective work groups" - is the company that is moving beyond Max Weber's original predictions for bureaucracy.
What informs Weber's concept?Weber's original concept of bureaucracy emphasizes a strict hierarchical structure with clear lines of authority and a focus on rules and procedures. However, option B suggests that Night Light Electrical Supply is moving towards a more flexible and collaborative structure where small groups of employees are forming effective work groups.
This suggests a departure from the rigid hierarchical structure that is often associated with bureaucratic organizations.
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Novak Corp. Has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below.
Answer:
Allowance for doubtful accounts balance as at March 31st 2022 is $10,056.
Explanation:
Novak Corp. already have a balance of $2,284 in allowance for doubtful account.
The increase in allowance for doubtful account is calculated as follows.
$61,700 * 2% = $1,234
$12,600 * 5% = $630
$9,200 * 28% = $2,576
$6,800 * 49% = $3,332
Total = $7,772
$7,772 + $2,284 = $10,056
talk about housing subsidies, what is a subsidy, what happens toprice and quantity of the good, what will happen to consumersurplus, and what will happen producer surplus?
Answer: A subsidy essentially refers to the payment made by the government to reduce the cost of a good or services to make it affordable for low-income groups.
A housing subsidy is a type of financial assistance provided by the government to help low-income families and individuals afford housing.
When a subsidy is provided for housing, the price of housing decreases because the government is covering a portion of the cost. As a result, the quantity of housing demanded by consumers increases because it is more affordable. This can also lead to an increase in the supply of housing as builders are incentivized to build more housing units.
Consumer surplus refers to the difference between the price of the commodity a consumer is willing to pay and price he actually pays. Here it increases because consumers are able to purchase housing at a lower price than they would have been able to without the subsidy.
Producer surplus is the difference between what producers are willing to supply goods for and what they actually receive for supplying the goods. It also increases because the government is essentially paying a portion of the cost of housing, which means that producers are earning more revenue than they would have without the subsidy. The increase in demand for housing may also lead to increase in producer surplus as builders are able to sell more housing units overall.
Overall, housing subsidies can be an effective way to make housing more affordable for low-income families and individuals, and can also have unintended consequences such as increased demand and increased producer surplus.
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The most helpful kind of business and why?
Answer:
Hair Salon
Explanation:
An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.
What two factors influence an economic school of thought?(1 point)
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
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_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna
buyers and sellers together
Agents and brokers
Wholesalers
Retailers
Final consumers
Answer:
Agents and brokers
Explanation:
Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.
Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.
A marginal change is a small incremental adjustment to an existing plan of action. Select one: True or False
The concept is Marginal change, proportionally a very small addition or subtraction to the total amount of a variable. The answer is, true.
Marginal change is a small, gradual but incremental change that occurs when an additional unit of a product is produced or sold. Marginal change plays a very important role in economics as it helps in marginal analysis.
Marginal analysis is the analysis of the relationship between these changes in related economic variables. Boundary analysis includes all kinds of boundary concepts that we know, such as E.g. marginal cost, marginal propensity to consume, marginal propensity to save, etc. Businesses use marginal analysis as a decision-support tool to help them maximize their potential profits.
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3. If GDP is $10 million, consumer spending is $5million, Government is $3 milion, net exports is 1 million, how much is investment? A. $ 0 million B. $ 1 million C. $ 2 million D. $ 3 million
What was one of the most effective tools labor unions had, which consisted of workers agreeing not to go to work until their demands were met?.
One of the most effective tools labor unions had was the use of strikes.
Strikes are when workers agree not to go to work until their demands are met. This tactic is powerful because it disrupts the flow of business and puts pressure on employers to negotiate with the workers' union. Strikes can be costly for both sides, as workers lose wages and employers lose profits.
However, they can also be successful in achieving the workers' goals, such as better wages, benefits, and working conditions. It is important for unions to carefully plan and organize strikes to ensure they are effective and have the support of their members.
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A company's holding cost is 16% per year. Its annual inventory turns are 10. The company buys an item for $40. Round your answer to 2 decimal places.) What is the average cost (in $s) to hold each unit of this item in inventory?
The average cost to hold each unit of this item in inventory is $0.64.
To calculate the average cost to hold each unit of this item in inventory, we need to consider the company's holding cost, annual inventory turns, and the item's cost.
In order to calculate the average cost to hold, follow these steps:1. Determine the holding cost per unit per year:
16% of the item's cost ($40) = 0.16 * $40 = $6.4
2. Determine the number of days in a year for inventory turns:
365 days / 10 turns = 36.5 days per turn
3. Calculate the holding cost per unit for one turn:
($6.4 holding cost per year) * (36.5 days per turn / 365 days) = $6.4 * 0.1 = $0.64
Hence, the average cost to hold each unit of this item in inventory is $0.64.
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Gearty's adjusted basis in Worthington Company, a partnership, was $18,000 at the time Gearty received the following proportionate nonliquidating distributions of partnership property:
Cash $6,000
Land Adjusted basis 14,000
Fair market value 12,000
Inventory Adjusted basis 7,000
Fair market value 10,000
What is Gearty's tax basis in the land received from the partnership?
a.$0
b.$5,000
c.$12,000
d.$14,000
Since this is a nonliquidating distribution, the loss cannot be recognized until Gearty disposes of their partnership interest.
Gearty's tax basis in the land received from the partnership is $0.
Explanation:
According to the information provided, Gearty received a proportionate nonliquidating distribution of partnership property, which means the partnership did not liquidate or terminate. Gearty's adjusted basis in the partnership was $18,000, and the total value of the distributions received was $28,000 ($6,000 cash + $12,000 land FMV + $10,000 inventory FMV).
To determine Gearty's tax basis in the land, we need to compare its adjusted basis with its fair market value at the time of distribution. The land's adjusted basis was $14,000, which is greater than its fair market value of $12,000. Therefore, Gearty must use the fair market value of the land as their basis, which is $12,000.
Since the fair market value of the land is less than Gearty's adjusted basis in the partnership, Gearty will have a capital loss of $2,000 ($14,000 - $12,000) on the distribution of the land. However, since this is a nonliquidating distribution, the loss cannot be recognized until Gearty disposes of their partnership interest.
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(a) Explain the nature of a partnership as a form of business ownership.
and give examples of typical
1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help
Stan Fawcett's company currently purchases a goar assembly from Salt Lake Supply. Inc, at $3.80 per unit with a minimum order of 3,000 units. Stan is considering instead producing the goar assembly himselt. He estimates that producing it himself will cost $12,000 to set up the process and then $1.82 per unit for labor and materiais. a) Using the line drawing tool, add the total cost graph for Stan to produce the assembly instead of purchasing from Sall Lake Supply. Total cost for the purchase option is already plotted. Properfy label your line. Note: Carefully follow the instructions above and only draw the required object.
However, you can plot the total cost for production ($12,000 + $1.82x) and compare it with the total cost for purchasing ($11,400) on a graph to determine the break-even point.
By explaining the process to determine whether Stan should produce the
goar
assembly himself or purchase it from
Salt Lake Supply,
we need to compare the
total costs for both options.
1. For the purchase option, the cost is $3.80 per unit with a minimum order of 3,000 units.
So the total cost for purchasing from Salt Lake Supply is 3,000 units x $3.80 per unit = $11,400.
2. For the production option, we need to consider the setup cost and the cost per unit for labor and materials.
The
setup cost is $12,000
.
The cost per unit for
labor and materials is $1.82.
To calculate the total cost for the production option, we need to add the setup cost to the cost per unit multiplied by the number of units produced.
Let's say Stan plans to produce x units.
The
total cost for production
is $12,000 + ($1.82 x x) = $12,000 + $1.82x.
Now, to determine the break-even point, we set the total cost for production equal to the
total cost for purchasing:
$12,000 + $1.82x = $11,400.
Solving this equation will give us the number of units at which the costs are equal, and Stan would be indifferent between producing and purchasing.
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Which examples demonstrate common education and qualifications for Management and Entrepreneurship careers? Check all that apply.
Horatio is good at following instructions.
Marissa has strong visual design skills for arranging displays.
Letisha has a bachelor’s degree in marketing.
Quentin has many years of experience in public relations.
Devon is able to stand for long periods of time.
Lloyd is skilled at planning and managing budgets.
Answer:
3- Letisha has a bachelor’s degree in marketing.
4-Quentin has many years of experience in public relations.
6-Lloyd is skilled at planning and managing budgets.
Explanation:
The example that shows qualification are
Letisha bachelor’s degree in marketing.Quentin years of experience in PR.Lloyd skills at planning and managing budgets.What are management and enterpreneurship?Management and the entrepreneurship both terms refer to the part of administration of an organization that can be the business, the nonprofit, or even the government body.
Entrepreneurship is a process of discovering the new ways to combine resources. These resources have a greater value than the market.
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What is the basic test used to demonstrate causation in a negligence case?
A. The negligence test
B. The proximate cause test
C. The "but-for" test
D. The reasonable person test
Answer: Neglince
Explanation:
IT MAKES SENSE!!!!
Answer:
the “but for” test
Explanation:
Customer retention has always been crucial to success in the business market, and it now provides the centrepiece of strategy discussions as firms embrace customer relationship management. Critically discuss any SIX (6) areas to focus on to develop responsive and profitable customer relationship management strategies for a company.
Here are six areas of focus: 1. Understand the customer's requirements, .2. Develop and implement a customer-focused culture 3 Build trust and rapport with the customer, 4. Personalization, 5. Measure customer satisfaction , 6. Use technology
Understanding the requirements of the customers is essential to develop a responsive and profitable customer relationship management strategy. Companies need to listen to their customers' needs, preferences, and expectations and develop a strategy that aligns with the customers' requirements.
Develop and implement a customer-focused culture A customer-focused culture is vital for developing a successful customer relationship management strategy. The company should develop and implement a customer-focused culture across all the levels of the organization
Build trust and rapport with the customerThe customer is likely to return to the company if they have a strong trust and rapport. Companies need to develop a trusting relationship with their customers. This is possible through regular communication, building relationships, and meeting customer expectations.
Personalization is an essential aspect of customer relationship management. Customers feel valued when companies personalize their services. Personalization can be achieved through targeted marketing, customized services, and personalized experiences.
5. Measure customer satisfaction Companies need to measure customer satisfaction regularly. It helps the company to understand where they need to improve and where they have succeeded. Companies should also consider feedback from their customers and use it to improve their services.
6. Use technology Technology is a significant driver of customer relationship management. Companies need to embrace technology to develop a responsive and profitable customer relationship management strategy.
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What are 3 examples of good communication when dealing with conflict management?
There are many communication strategies that can be used to manage conflicts. This includes actively listening, writing about conflicts, asking questions, developing empathy and compassion, recognizing differences, using open body language.
What are the 5 Communication Styles of Conflict Management?According to the Thomas-Kilmann Conflict Mode Instrument (TKI), used by HR practitioners worldwide, there are primarily five styles of conflict management - Collaborative, Competitive, Avoidant, Conformative and Compromising.
What are the types of conflict communication?Types of conflict and how to deal with them: task conflict. relationship conflict and conflict of values.
What are some good examples of how to deal with conflict?Listen to what the other person is saying instead of preparing a reaction. Please do not disturb others. When the other person has finished speaking, restate what they said to make sure you understand. Ask questions for better understanding
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Should governments allow professional lobbyists to influence government legislation?
Governments should only allow professional lobbyists to influence government legislation when doing so is in the public's best interests.
Professional lobbyists are groups of people, such as corporations or trade associations, with an interest in the passage of certain legislation. They attempt to influence government legislation by providing the government with information and research to support their interests.
Lobbyists also coordinate meetings between their clients and government representatives and provide contributions to political campaigns.
Allowing professional lobbyists to influence government legislation can be beneficial, as it can provide government representatives with valuable information and research to inform their decision-making.
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Is the following an example of a Temporary or Permanent Account?Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000.
Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000. This is an example of permanent account.
The balances that accumulate over time are recorded in permanent accounts. Records of sales is an illustration of super durable records. Assets, liabilities, equity, accounts payable, inventory, and investments are additional examples of permanent accounts.
An account whose balance does not reset to zero at the end of the accounting period is called a permanent account, also known as a real account. Instead, the balance stays the same throughout each accounting period. Asset, equity, and liability accounts are the most common types of permanent accounts.
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How can defense mechanisms be considered both adaptive and maladaptive
Answer:
Defense mechanisms protect a person from emotionally painful stressors. However, since defense mechanisms can limit an individual from facing the situations that are harmful and unhealthy, one may be unable to successfully resolve troublesome or stressful issues as a result.
Explanation:
Sample answer on Edge.
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Mal adaptive defense mechanisms are viewed as disruptions of brain regions or networks implicated in emotional awareness in neuropsychoanalytic theories.
What is neuropsychoanalytic?The intersection of neurobiological knowledge with psychoanalytic conceptions of the human mind is explored in neuropsychoanalysis.
As neuroscience maps the brain from molecules to networks, a common ground has formed between fields that had previously been segregated.
Thus, Mal adaptive defense mechanisms are viewed as disruptions of brain regions.
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