When preparing the statement of cash flows using the indirect method, an increase in accounts payable would appear as an addition to the net income in the operating activities section.
This is because an increase in accounts payable indicates that the company has purchased goods or services on credit, which has not yet been paid in cash.
When using the indirect method to prepare the statement of cash flows, the net income figure from the income statement is adjusted to arrive at the operating cash flows.
One of the adjustments made is for changes in current assets and liabilities, including accounts payable. An increase in accounts payable is a source of cash for the company, as it represents an increase in the amount of unpaid bills that the company owes to its suppliers.
Since net income includes expenses that have not yet been paid in cash, an increase in accounts payable means that expenses have been recognized on the income statement, but cash payments for these expenses have not yet been made.
Therefore, the increase in accounts payable is added back to net income in the operating activities section to arrive at the operating cash flows.
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A cousin did not live with the taxpayer all year, but the taxpayer provided more than half of the cousins support. The cousin was unmarried, had no income, and meets the three general dependency tests. Which is the test that disqualifies the taxpayer from claiming the cousin as a dependent?
A. Gross income
B. Joint return test
C. Member of household or relationship
D. Support
The test that disqualifies the taxpayer from claiming the cousin as a dependent in the given scenario is the Joint return test.What is the Joint return test?The Joint return test is one of the five dependency tests established by the IRS that a dependent must meet in order to be claimed as a dependent by another taxpayer.
The Joint return test specifies that a person cannot claim a dependent if that person (the dependent) files a joint tax return with their spouse. If the dependent files a joint return with their spouse, they are not entitled to any dependent-related tax exemptions on their individual tax returns.In the scenario, since the cousin did not live with the taxpayer all year but the taxpayer provided more than half of the cousin's support, the cousin meets the support and member of household or relationship dependency tests. However, since the cousin was unmarried, had no income, and meets the three general dependency tests, they could file a joint tax return with someone, making them ineligible to be claimed as a dependent by the taxpayer.Hence, the correct answer is option B. Joint return test.
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use the following income statement and balance sheet information to put together a statement of cash flows
To put together a statement of cash flows, you need to analyze the income statement and balance sheet information.
1. Start with the income statement:
- Identify the net income or loss for the period.
- Adjust for non-cash items such as depreciation and amortization.
- Consider any gains or losses from the sale of assets.
- Calculate the cash provided or used by operating activities.
2. Move on to the balance sheet:
- Look at changes in current assets and liabilities.
- Analyze cash flows from investing activities, such as the purchase or sale of property, plant, and equipment.
- Consider cash flows from financing activities, including issuing or repurchasing stock, and issuing or retiring debt.
3. Combine the information:
- Add the net cash provided or used by operating activities to the cash flows from investing and financing activities.
- Summarize the cash flows from each category to calculate the overall increase or decrease in cash during the period.
- Determine the ending cash balance by adding the beginning cash balance to the net cash flow.
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On January 1, 2020, Vaughn Corporation purchased 323 of the $1,000 face value, 9%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Vaughn purchased the bonds to yield 11%. How much did Vaughn pay for the bonds?
Answer:
$284,954.63
Explanation:
in order to determine the market price of the bonds we must calculate the present value of the face value and coupon payments
PV of face value = $323,000 / (1 + 11%)¹⁰ = $113,755.59
PV of coupon payments = $29,070 x 5.8892 (PVIFA, 11%, 10 periods) = $171,199.04
total market value = $284,954.63
If you borrow $7,000 with an interest rate of 3 percent, to be repaid in five equal yearly payments at the end of the next five years, what would be the amount of each payment? Use Exhibit 1-D. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)
Amount of each paymet
The amount of each yearly payment would be $1,614.49. In this problem, we will use the concept of time value of money to calculate the equal payments that would be required to repay a loan of $7,000 with an interest rate of 3% over a period of five years.
The time value of money refers to the idea that money today is worth more than the same amount of money in the future, because of the potential to earn interest or returns on investment. When we make financial decisions that involve cash flows over time, we need to take into account the time value of money in order to accurately calculate the present or future value of those cash flows.
Now, let's look at the specific problem at hand.
If you borrow $7,000 with an interest rate of 3 percent, to be repaid in five equal yearly payments at the end of the next five years, what would be the amount of each payment?
To solve this problem, we can use a financial calculator or look up time value factor tables, such as the Exhibit 1-D referenced in the problem statement. These tables provide values that we can use to calculate the present or future value of cash flows over time, given an interest rate and a number of periods.
In this case, we want to calculate the equal annual payments required to repay a loan of $7,000 with an interest rate of 3% over a period of five years. To do this, we can use the formula for the present value of an annuity:
\(PMT = PV\times (r / (1 - (1 + r)^{(-n)})\)
where PMT is the equal payment, PV is the present value of the loan (which is $7,000 in this case), r is the interest rate per period (which is 3% per year), and n is the number of periods (which is 5 years).
Using Exhibit 1-D, we can find the time value factor for an annuity due of 1 for 5 periods at an interest rate of 3%. The time value factor is 4.246.
Plugging in the values we have, we get:
\(PMT = $7,000 \times (0.03 / (1 - (1 + 0.03)^{(-5)})) \times 4.246\)
Simplifying the equation, we get:
\(PMT = $7,000 \times 0.03 \times 4.246 / (1 - 1.03^{(-5)})\)
Using a calculator, we can find that PMT is approximately $1,614.49.
Therefore, based on the given information and the time value factor table, we can estimate that the equal annual payments required to repay a loan of $7,000 with an interest rate of 3% over a period of five years is approximately $1,614.49.
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Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In a three paragraph
essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions.
Based on the evidence available to you, which investment opportunity is more likely to be fraudulent? What are the true
risks of investment with this company, and does the company accurately describe these risks? What are the potential
returns on an investment, and does the company accurately describe these returns?
All investment types do possess some level of risks hazard. Based on the evidence available to me, the investment opportunity that more likely to be fraudulent is the first investment that is made.
The true risks of investment with this company are hazard linked to land, stocks, wares, or court cases.
What are the potential returns on an investment?In regards to the investment made, Projected return, or what we call the potential return, is one that can create a lot of profit or loss.
Note that it is seen as a form of calculated metric that aids investors to be able to the amount of potential profit an investment may get and in the above case it may yield more profit or loss.
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Answer:
"After reviewing the investment opportunities provided by Earll Investments and Pima Financial Trading, it is evident that the investment opportunity offered by Pima Financial Trading is more likely to be fraudulent. The investment opportunity offered by Pima Financial Trading promises extremely high returns, which is usually a red flag for fraudulent activities. On the other hand, Earll Investments offers a more conservative investment opportunity, which promises a reasonable return on investment.
The true risks of investing with Pima Financial Trading are not accurately described by the company. The company claims that their investment opportunities are low-risk, but this is unlikely given the high returns promised. The higher the potential return on investment, the higher the risk involved. Pima Financial Trading also fails to provide detailed information about the investment strategies they use, making it difficult for investors to assess the risks involved.
In contrast, Earll Investments accurately describes the risks involved in their investment opportunity. The company acknowledges that there is a risk of loss, but emphasizes that this risk can be minimized by diversifying investments. The potential returns on an investment with Earll Investments are also accurately described, with the company offering a reasonable return on investment. Investors should exercise caution when considering investment opportunities offered by Pima Financial Trading, and carefully assess the risks involved."
Forty-nine items are randomly selected from a population of 500 items. The sample mean is 40 and the sample standard deviation 9. (Use t Distribution Table & z Distribution Table. )
The confidence interval for the population mean is between 36.551 and 43.449 with a 99% confidence level. This means that if we repeated this sampling process many times, we can expect the true population means to be within this range in 99% of cases.
To develop a 99% confidence interval for the population mean, we can use the t-distribution since the sample size is less than 30 and the population standard deviation is unknown. The formula for the confidence interval is:
Confidence interval = sample mean ± (t-value x standard error)
where the standard error is equal to the sample standard deviation divided by the square root of the sample size:
Standard error = sample standard deviation / sqrt(sample size)
First, we can calculate the t-value using the t-distribution table with a degree of freedom of 48 (sample size minus 1) and a 99% confidence level. The t-value is approximately 2.682.
Next, we can calculate the standard error:
Standard error = 9 / sqrt(49) = 1.286
Then, we can calculate the confidence interval:
Confidence interval = 40 ± (2.682 x 1.286) = (36.551, 43.449)
The answer provided in the question is correct but it should be rounded to 3 decimal places as 36.552 and 43.448.
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Complete question:
Forty-nine items are randomly selected from a population of 500 items. The sample mean is 40 and the sample standard deviation is 9. (Use t Distribution Table & z Distribution Table.) Develop a 99% confidence interval for the population means. (Round your final answers to 3 decimal places.) The answer is complete but not entirely correct. The confidence interval is between 36.552 and 43.448
Investors want high plowback ratios for all firms. whenever ROE>k whenever k> ROE only when they are in low tax bracket.
Investors' preferences for plowback ratios, ROE, and the required rate of return can vary based on their investment goals, risk tolerance, and individual circumstances.
The plowback ratio measures the proportion of earnings that a company retains and reinvests in its business. While a high plowback ratio can be appealing to investors, it is not always necessary for a company to have a high plowback ratio to be attractive. Other factors, such as return on equity (ROE) and available investment opportunities, also play a significant role in investor perception.
Key Points:
Significance of Return on Equity (ROE):
a. ROE indicates the efficiency of capital utilization and profitability.
b. High ROE suggests efficient resource utilization and attractive investment potential.
c. A high ROE does not mandate a high plowback ratio for investor attractiveness.
Considerations for Plowback Ratio and Investor Attractiveness:
a. Profitable Reinvestment Opportunities: Investors favor high plowback ratios when companies have profitable investment opportunities for growth.
b. Growth Phase Companies: Plowback ratios are particularly relevant for companies in a growth phase, allowing them to internally finance expansion.
c. Dividends vs. Reinvestment: Some companies with high ROEs may choose to distribute dividends rather than reinvesting if reinvestment opportunities are limited.
Investor Preferences and Strategies:
a. Varying Investor Preferences: Investors differ in their preferences for plowback ratios, depending on their investment strategies and goals.
b. Contextual Considerations: The attractiveness of a high plowback ratio depends on factors such as industry dynamics, market conditions, and company-specific circumstances.
c. Individual Tax Bracket Influence: The statement regarding the tax bracket's impact on plowback ratio and ROE requires clarification to better understand its intended meaning.
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During the past few decades, the percentage of our income spent on health care: Group of answer choices has increased due to an aging U.S. population. has decreased due to costly advances in medical technology. has increased due to advanced demand-and-supply distribution of health care facilities. has decreased due to increased regulation and decreased administrative costs. has decreased due to the reduction in health care costs.
Answer:
Has increased due to an aging U.S. population
Explanation:
Health care spending as percentage of GDP
The US is said to have had the highest health care spending of about 17.1% of GDP when compared to France of 11.6%, Sweden, Germany, Netherlands and other countries.
The United States is said to be the only advanced economy that tolerates having a significant portion of its citizens uninsured as well as have the largest private market for healthcare financing of any nation. The US also use or spend more per capital on health care services than any other nation, but has some of the poorest health outcomes.
Affordable Care Act
This law was set up to increase the access to existing insurance programs, instead to redesign the entire insurance system., it also serves to provide federal funding to expand access to insurance, while giving room for state differences in implementation of the law. and increase private health insurance markets, subject to extensive federal regulations etc.
40 points
Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answer:
Hospitality provides essential services (i.e., lodging and food) for travelers, whether they are on the move for reasons of necessity, leisure or luxury. Hospitality is a major factor in every vacation and business trip, and is thus important to individual customers and to businesses.
Define the term unemployment and explain the relationship between unemployment and crime
Answer:
The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.
an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality
Explanation:
hope it helps️️
In evaluating a piece of equipment for its optimal replacement interval, the following table of equivalent uniform annual costs is obtained. What is the optimal replacement interval for the equipment?
N EAC
1 $1,525
2 $1,550
3 $1,575
4 $1,580
1 year
2 years
3 years
4 years
The optimal replacement interval for the equipment would be 3 years, which corresponds to an EAC of $1,575.
To find the optimal replacement interval for the equipment, we need to choose the interval that results in the lowest equivalent uniform annual cost (EAC). From the table, we can see that the EAC initially increases as the replacement interval increases from 1 to 3 years, but then decreases slightly for a 4-year interval.
Therefore, the optimal replacement interval for the equipment would be 3 years, which corresponds to an EAC of $1,575. Choosing this replacement interval would result in the lowest average annual cost for the equipment over its life cycle.
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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
anderson oil often assigns employees to travel and work abroad on international projects. however, anderson oil leaders understand that travel is more difficult for employees with disabilities, so employees who require special accommodations for their jobs do not receive international travel assignments. is anderson oil engaging in workplace discrimination?
Considering the situation described above in the question, Anderson oil is engaging in workplace discrimination.
This is because this situation is often described as an example of disparate treatment, and it is considered intentional or unlawful discrimination.
Given that Anderson Oil deliberately treats employees with disabilities differently, it is considered disparate treatment, a form of discrimination.
Hence, in this case, it is concluded that the correct answer is Yes; Anderson Oil is engaging in work placement discrimination using a disparate treatment strategy.
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An industry is considered to be global to the extent that its industry position in one country is dependent upon the industry position in other countries.a) trueb) false
Answer:
False.
Explanation:
False, Because a global company is the one that operates in different countries. It does not have to depend on the position of industry in other countries. If a company is operating in different countries then it is a global company. Moreover, in the case of a global company, the company sells its product in that country without changing its quality. For example, a global company selling soda in different countries. In this case, the company will not compensate for its product according to the culture of that country rather it will impose its business model.
name two of accounts used in commercial banks
processes and procedures employed within a business to ensure that its operations are conducted ethically, accurately, and reliably. t or f
Processes and procedures used within a company to ensure that its operations are carried out in an ethical, accurate, and dependable manner are known as internal controls.
What are the procedures for internal control?
Separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority are the seven internal control procedures.
Which four kinds of internal controls are there?
Pre-approval of actions and transactions, like a Travel Authorization; physical control over assets, like locks on doors or a safe for cash or checks; employee screening and training, like the PRO3 Series to increase employee knowledge; access controls, like passwords and Gatorlink authentication.
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write a number which is the product of two prime number
Answer:
2 x 3 = 6. ...............
According to Milton Friedman would claim that the Doctrine of Proper Institutional Functioning would maintain that the function of a corporation is to ___________________________.Group of answer choicesIncrease the the functionings of the least well off.Engage in the maximization of profits for the corporation.Maximize utility for the majority.
According to Milton Friedman, the Doctrine of Proper Institutional Functioning would maintain that the function of a corporation is to engage in the maximization of profits for the corporation. In his view, the primary responsibility of a corporation is to generate profits for its shareholders and to operate within the boundaries of the law and ethical standards.
He argued that corporations are not social welfare institutions and should not be expected to pursue goals that are not related to their core business activities. Friedman believed that the pursuit of profits would ultimately benefit society by promoting efficiency, innovation, and competition in the marketplace. He argued that businesses that focus on social or environmental objectives instead of profits are likely to be less efficient and less competitive in the long run.
While Friedman's view has been criticized by some for being too narrow and short-sighted, it has also been praised for its emphasis on the importance of economic freedom and the role of the private sector in driving economic growth and development. Ultimately, the question of what the function of a corporation should be is a complex and multifaceted one, and different scholars and practitioners may have different opinions and priorities depending on their values and beliefs.
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X-Perience manufactures snowboards. Its cost of making 24,900 bindings is as follows: (Click the icon to view the costs. ) Suppose an outside supplier will sell bindings to X-Perience for $14 each. X-Perience will pay $2. 00 per unit to transport the bindings to its manufacturing plant, where it will add its own logo at a cost of $0. 70 per binding. Read the requirements. Х Data table Requirements w whether the company should ma ce column when the cost to make e Direct materials $ 27,000 84,000 Direct labor. Variable manufacturing overhead Fixed manufacturing overhead 54,000 84,000 1. X-Perience's accountants predict that purchasing the bindings from the outside supplier will enable the company to avoid $2,000 of fixed overhead. Prepare an analysis to show whether the company should make or buy the bindings. 2. The facilities freed by purchasing bindings from the outside supplier can be used to manufacture another product that will contribute $3,400 to profit. Total fixed costs will be the same as if X-Perience had produced the bindings. Show which alternative makes the best use of X-Perience's facilities: (a) make bindings, (b) buy bindings and leave facilities idle, or (c) buy bindings and make another product. $ 249,000 Total manufacturing costs Cost per pair ($249,000 = 24,900) $ 10. 00 X-Perience manufactures snowboards. Its cost of making 24,900 bindings is as follows: Requirement 1. X-Perience's accountants predict that purchasing the bindings from the outside supplier will enable the company to avoid $2,000 of fixed overhead. Prepare an analysis to show whether the company should make or buy the bindings. (Enter a "o" for any zero balances. Round any per unit amounts to the nearest cont and your final answers to the nearest whole dollar. Use a minus sign or parentheses in the Difference column when the cost to make exceeds the cost to buy. ) a Incremental Analysis Outsourcing Decision Make Bindings Buy (Outsource) Bindings Difference Variable Costs Plus: Fixed Costs Total cost of 24,900 bindings Decision Requirement 2. The facilities freed by purchasing bindings from the outside supplier can be used to manufacture another product that will contribute $3. 400 to profit. Total fixed costs will be the same as if X-Perience had produced the Show which alternative makes the best use of X <-Perlence's facilities: (a) make bindings. (b) buy bindings and leave facilities idle, or (c) buy bindings and make another product. (Enter a 'o'for any zero balances. Round any per unit amounts to e bindings the nearest cent and your final answers to the nearest whole dollar. ) Buy (Outsource) Bindings Incremental Analysis (a) Make (b) Leave (c) Make Outsourcing Decision Binding Facilities Idle Another Product Variable Costs Plus: Fixed Costs Total cost of 24,900 bindings Less: Profit from another product Net cost Decision:
Requirement 1: X-Perience should outsource the bindings since it can save $5.70 ($16.70 - $10.99) per binding, or $141,930 ($5.70 × 24,900) in total.
Requirement 2: X-Perience should buy bindings from an outside supplier and use the facilities to manufacture another product.
1. Analysis to show whether the company should make or buy the bindings:X-Perience should buy bindings from the outside supplier. Here's why:Variable costs per binding:
Direct materials: $27,000/24,900 = $1.08Direct labor: $84,000/24,900 = $3.37Variable manufacturing overhead: $54,000/24,900 = $2.17Total variable cost per binding: $6.62
Total cost per binding if X-Perience makes it:Variable cost per binding: $6.62Fixed manufacturing overhead cost per binding: $84,000/24,900 = $3.37
Total cost per binding: $10.99X-Perience will pay $14 + $2 + $0.70 = $16.70 per binding to buy from an outside supplier. The cost to make each binding is $10.99. Therefore, X-Perience should outsource the bindings since it can save $5.70 ($16.70 - $10.99) per binding, or $141,930 ($5.70 × 24,900) in total.
2. Analysis to show which alternative makes the best use of X-Perience's facilities:X-Perience should buy bindings from an outside supplier and use the facilities to manufacture another product since it will lead to the highest profit. Here's why:
Total fixed cost of making the bindings: $84,000 + $84,000 = $168,000
Total cost of making the bindings: $249,000 + $168,000 = $417,000
Total profit from making another product: $3,400Total cost of outsourcing bindings: $16.70 per binding × 24,900 = $416,730
Total net cost of making another product after outsourcing the bindings: $416,730 - $3,400 = $413,330If X-Perience makes bindings, then it has no facilities left to manufacture another product, so the total profit will be $0. If X-Perience buys bindings and leaves the facilities idle, then the total profit will be $0. However, if X-Perience buys bindings and makes another product, then the total profit will be $3,400. Therefore, X-Perience should buy bindings from an outside supplier and use the facilities to manufacture another product.
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What are three things I can do now to start building my work experience?
As regional manager of a dollar store chain, kamile compares weekly sales reports from each store with projected sales goals and then takes corrective action if needed. Which of the four key management functions is kamile using?.
Answer:controlling
Explanation:
Which of these is considered the highest level of management?
A. Supervisor
B. Team member
C. Executive
D. Middle manager
C. The Executive. Hope that helps...
The Executive is considered the highest level of management. Option C is correct.
What is the management?Management may be described as the process of completing the job or activity necessary to achieve an organization's goals in an efficient and effective manner.
The process implies the management functions. This includes organizing, planning, staffing, directing, and controlling. A manager's responsibility is to offer common guidance and direction to individual efforts to achieve organizational goals.
Management contributes to increased corporate efficiency by increasing productivity via effective planning, organizing, controlling, and directing.
Therefore, option A is correct that The Executive is the most senior level of management.
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What is the best way to be compensated for your work? And why
O Annual Salary
O Hourly Wages
Sales Commission
O There is no one BEST way to be compensated.
Project: How Entrepreneurs Improve the Economy
This project will focus on researching different ways that entrepreneurs improve the economy. You will then explore these ways and
explain whether you agree or disagree with how each can improve the economy.
During this project, you'll accomplish the following:
O Objectives
• Research at least five ways that entrepreneurs improve the economy and explain whether you agree or disagree with each.
Directions
Use the Internet to research different ways that entrepreneurs improve the economy. You will need to have at least five ways. Be sure
to include the URL links you used as resources in the space below.
Now that you have completed the research, record your findings in the table below and include the links,
1 Fillin five ways that entrepreneurs improve the economy
Answer:
time management
make best decision
saving the budget
having ideas
never relaxed
is the agent for an undisclosed principal personally liable for breach of a contract the agent signed on behalf of the principal?
In general, when an agent signs a contract on behalf of an undisclosed principal, the agent is not personally liable for the breach of that contract.
The undisclosed principal refers to a situation where the agent acts on behalf of a principal without revealing the identity of the principal to the other party involved in the contract.
Under the doctrine of undisclosed principal, the agent acts as an intermediary, and the contract is considered to be directly between the undisclosed principal and the other party.
As a result, the undisclosed principal assumes the rights and liabilities under the contract, rather than the agent.
However, there are exceptions to this general rule. If the agent acts outside the scope of their authority, exceeds their power, or fails to disclose that they are acting on behalf of a principal, they may be held personally liable for the breach.
Additionally, if the contract explicitly holds the agent personally liable, or if the other party expressly relies on the credit or reputation of the agent, the agent may also be personally liable.
It is advisable to seek legal counsel and review the specific circumstances and applicable laws to determine the extent of personal liability in a given contractual situation involving an undisclosed principal.
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Apple used easy-to-open, clean-lined, well- designed packaging for all of its products. It is one of the distinguishing marks of its branding. By designing and creating such distinctive and pleasing packaging, what does Appel inspire in its customers?
Brand loyalty is what apple does by well- designed packaging for all of its products. It is one of the distinguishing marks of its branding.
What is meant by design packaging?Form, structure, materials, color, imagery, typography, and regulatory information are all connected with auxiliary design aspects in packaging design to create a product that is fit for marketing.
However, there are a lot of factors to consider when creating a packaging because design must have a purpose. It must safeguard what's within. It must make storage and distribution simple. On a shelf stacked with other products, it must advertise who it is and bring attention to itself.
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Which one of the following statements about a PERIODIC review system is most accurate? a) The lot size Q changes from one order to the next. b) The calculation of the target inventory (T) typically assumes that demand and lead time are known with certainty c) The larger the order size for an item, the smaller the inventory position would be as a result. d) The number of periods (P) between orders changes according to the demand actually experienced from week to week
The most accurate statement about a PERIODIC review system is b) The calculation of the target inventory (T) typically assumes that demand and lead time are known with certainty.
In a periodic review system, inventory levels are reviewed and replenished at specific intervals rather than continuously. When using this system, the target inventory level (T) is calculated based on the expected demand during the review period and the lead time required to replenish the inventory. The assumption is that both demand and lead time are known with certainty, allowing for accurate calculations.
The calculation of target inventory (T) involves estimating the average demand during the review period and adding a safety stock to account for variability or uncertainties. This ensures that enough inventory is maintained to meet customer demand without experiencing stockouts during the review period.
The periodic review system does not involve changing the lot size Q from one order to the next (option a). It also does not necessarily result in a smaller inventory position with larger order sizes (option c). The number of periods between orders (P) is typically fixed in a periodic review system and does not change based on actual demand from week to week (option d).
The most accurate statement about a periodic review system is that the calculation of the target inventory (T) assumes that demand and lead time are known with certainty. This assumption allows for effective inventory management and ensures that sufficient stock is maintained to meet customer demand during the review period.
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What best describes the main purpose of a budget
Explanation:
A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
- RBT Requirements Coordinators are responsible for:
•Direct supervision of an RBT only
•All supervision activities of RBTs across an organization
•Administrate paperwork associated with RBT supervision only
•Only activates associated with RBT supervisors
Answer: All supervision activities of RBTs across an organization
Explanation:
A Registered Behavior Technician I someone who that is closely monitored by BCBA when practicing. The RBT is responsible for implementing behavior-analytic services.
RBT Requirements Coordinators are responsible for all supervision activities of RBTs across an organization.
what is a business plan
Answer:
A business plan is a written document that describes in detail how a business usually a startup may defines its objectives and how it is to go about achieving its goals.
Answer:
According to Wikipedia, A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals.