Which of the following statements about using different approaches to analyze alternatives is NOT true?
a. considering only the relevant costs gives results a different answer than that obtained when all costs are considered
b. differential analysis focuses on the future costs and benefits that differ between any two alternatives
c. mixing irrelevant costs with relevant costs may cause confusion and distract attention from the information that is critical
d. costs and revenues that do not differ between alternatives are irrelevant to decision making
Answers
The statements about using different approaches to analyze alternatives is NOT true is a. considering only the relevant costs gives results a different answer than that obtained when all costs are considered
What is decision making?Decision-making, which can also be spelled decision-making, is the cognitive process that leads to the selection of a belief or a plan of action from a variety of potential alternative possibilities. It could be unreasonable or rational, depending. The process of creating decisions is a form of reasoning that is predicated on the values, preferences, and beliefs of the decision-maker. Every process of decision-making results in a final conclusion, which may or may not lead to action.It is acceptable to state that management is nothing more than a continual process of decision-making if decision-making must be defined in the context of the workplace. Business managers are in charge of making operational decisions and making sure that their teams carry them out.To learn more about decision making refer to:
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“Lean On Me" starring Morgan Freeman. The movie can be found here. Answer the questions below in one to two pages. Explain and describe the “corporate” culture of the High School before and during Joe Clark’s administration? Joe Clark establishes his authority right away and maintains his authority throughout the movie. Using the textbook, how would you describe and assess Mr. Clark’s organizational interventions? How does he do this?
Answers
Before the arrival of Mr. Clark, the school was in disarray, the students failed woefully, they disrespected the teachers and would engage in drugs and other bad attitudes in school. After he came in, he tried to establish decorum and would use some harsh methods on students and teachers.
The interventions that Mr. Clark had at the time was harsh on all of the parties involved and the ways that he refused to change his methods shows that he knew that using the strict methods was what the school really needed at the time.
What is the movie about?The movie Lean on me is about a high school that had fallen off its standards and had become a notorious school for all unacceptable vices.
The change in the movie came from the fact that Mr. Clark was hired in the school to help the students pass examinations. He was hired due to the fact that he was known to have had good ways of achieving excellence in schools that he used to teach.
The corporate culture that the head teacher establishes in the school is one that has to do with the fact that all the of the protocols would have to be observed in the school based on the ways that the teachers and the students acted in the school.
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The nation of Singapore has no natural resources to speak of, must import its water, and is very small in land mass. However, it has a very high real per capita gross domestic product (GDP) and a literacy rate of over 95%. How can such a small country with no resources be so prosperous
Answers
Answer:
Singapore is rich in other resources, like human capital.
Explanation:
Since in the question it is mentioned that Singapore who has no natural resource but import its water and small portion of the land mass at the same time it has very high GDP and the literacy rate over and above 95%
So in this case, it is rich in the other resources example human capital as it is possible for a small country to make an optimum use of it also it has the nice geographical location.
Therefore the second option is correct
Which of the following is a limitation of ratio analysis? Question content area bottom Part 1 A. Financial ratios cannot be used to assess a firm's profitability. B. Ratio analysis assumes that inflation has no effect on a firm's business. C. It is difficult to access audited financial statements for ratio analysis. D. Ratios that reveal large deviations from the norm merely indicate the possibility of a problem.
Answers
Ratios that reveal large deviations from the norm merely indicate the possibility of a problem is a limitation of ratio analysis. Option D
This is further explained below.
What is ratio analysis?Generally, A financial ratio, also known as an accounting ratio, is the ratio of the size of two specific numerical values that have been extracted from an organization's financial statements.
There are a number of standard ratios that are used to attempt to analyze the overall financial state of a business or other organization. These ratios are often used in accounting.
In conclusion, Limitations of ratio analysis include the fact that ratios that highlight significant departures from the average may only point to the existence of a potential issue.
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Ratio analysis is the analysis of various line items of financial statement. We have horizontal analysis which measures or analyses changes across time period e.g from year 2 to year 1 and vertical analysis which measures line item as a percentage of a base figure e.g total assets, net income etc. One of the usefulness of ratio analysis is that it is used to make comparison between different competitors in the same industry or used to compare the performance of a particular company over the years.
The limitations of ratio analysis are(not limited to the following):
1. It assumes that inflation has no effect on a firm's business(Option B)
2. Companies are not the same
3. Different firms in the same industry can use different accounting policies
Therefore, the answer to the question is option B - It assumes that inflation has no effect on a firm's business
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Is rental income debit or credit
Answers
Answer:
Debit
Explanation:
Rent Income is recorded by crediting the account. Cash is debited if cash is received. Rent Receivable is debited if it is to be collected at a later date.
Answer and I give u brainliest and extra pts
Answers
Answer:
b
Explanation:
1 Acts (Laws passed by a government (e.g. the Parliament of South Africa) in accordance with the Constitution of
the country
Answers
Acts, also known as laws, are legislative measures that are passed by a government in accordance with the Constitution of a country.
The process of passing an Act typically involves several stages. It begins with the proposal of a bill, which is a draft law that is presented to the legislative body. The bill goes through a series of readings and debates, during which it may be amended or revised based on input from legislators and stakeholders.
Once the bill is approved by the legislative body, it is sent for further scrutiny, such as legal review and public consultation. Finally, the bill is enacted into law by receiving formal approval, usually through the signature of the head of state or a designated authority.
Acts play a crucial role in shaping the legal framework of a country. They cover a wide range of areas, including civil rights, criminal justice, taxation, environmental protection, labor regulations, healthcare, education, and many more.
Acts provide a legal basis for the functioning of government institutions, define citizens' rights and responsibilities, establish standards for public and private conduct, and promote social order and justice.
Acts are binding and enforceable, meaning that individuals and entities within a country are obligated to comply with their provisions. Violation of an Act can result in legal consequences, such as fines, penalties, or imprisonment, depending on the nature and severity of the offense.
Acts also reflect the evolving needs and values of a society. As societal perspectives change and new challenges emerge, governments may pass new Acts or amend existing ones to address these issues. Acts can be updated and repealed over time to ensure that the legal framework remains relevant and responsive to the needs of the people.
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Assume that both companies have an average annual holding cost rate of 20% (i.e. it costs both retailers $2 to hold an item for one entire year that they procured for $10). How many days, on average, does a product stay in Save-A-Lot’s inventory before it is sold? Assume that stores operate 365 days a year.
Answers
Answer:
To calculate the average number of days a product stays in Save-A-Lot's inventory before it is sold, we can use the formula:
Average inventory days = 365 / 2
Assuming an annual holding cost rate of 20%, a product stays in Save-A-Lot's inventory for an average of 182.5 days before it is sold.
Explanation:
how important are the development of the many management theories
Answers
Answer:
Explanation:
Management theories help organizations to focus, communicate, and evolve. Using management theory in the workplace allows leadership to focus on their main goals. When a management style or theory is implemented, it automatically streamlines the top priorities for the organization.
if the Supply schedule for a taco truck shows at $200 per day at $2.00 per Taco are being produced how many tacos per day does the owner need to have the market demand to be in equilibrium at that price?
Answers
Answer:
100
Explanation:
$2 times 100 tacos is equal to $200.
Spencer Furness purchased kitchen appliances for $2,419. He makes a down payment of $520 and agrees to 17 monthly payments of $115.36 per month. Find the total finance charge. Question 26 options: $30.59 $62.12 $60.49 $20.9
Answers
Answer:
$62.12
Explanation:
The total amount that Furness pays is ...
$520 + 17 × $115.36 = $2481.12
This exceeds the nominal cost of the appliances by ...
$2481.12 -2419 = $62.12
The total finance charge is $62.12.
Lawn Chopper Company sells two types of lawn mowers. The first one is a basic lawn mower, which has variable costs of $50 and sells for $150. The second type is a riding tractor with variable costs of $500 and which sells for $1,500. The company has total fixed costs of $5,000,000. The sales mix for the company is three lawn mowers to one riding tractor. Your manager would like to know how many of each of the product the company must sell to break even.
Answers
Answer:
See below
Explanation:
Breakven even point is computed as
= Fixed costs / ( Sales price per unit - Variable costs per unit)
For basic lawn mower, Given that;
Fixed cost = $5,000,000
Sales price per unit = $150
Variable costs per unit = $50
BEP = $500,000 / ($150 - $50)
BEP = $500,000 / $100
BEP = 5,000 units
For Riding tractor, given that;
Fixed costs = $500,000
Sales price per unit = $1,500
Variable cost per unit = $500
BEP = $500,000 / ($1,500 - $500)
BEP = $500,000 / $1,000
BEP = 500 units
It therefore means that 5,000 units of basic Lawn mower must be sold to break even, while 500 units of riding tractor must be sold to break even.
1. I Co. recently began production of a new product, an electric clock, which required the investment of
$3,200,000 in assets. The costs of producing and selling 160,000 units of the clocks are estimated as
follows:
Variable costs:
Per unit
Direct labor
$
10
Direct materials
6
Factory overhead
$
4
Administrative and selling
$
5
EA
Fixed costs:
Manufacturing
Administrative and selling
$ 1,600,000
800,000
I Co. is considering establishing a price to sell it's electrical clock to the market. The CEO has
decided to use a cost plus approach to product pricing and that the clock must eam 10 percent on
it's invested assets.
Instructions: NOTE: SHOW ALL WORK
1. Determine the amount of desired profit from the production and sale of the
electric clock.
2. Assuming that the product cost concept is used, determine (a) total variable
cost per unit, the total fixed cost per unit, and the selling price per unit.
Answers
Answer:
I Co.
1. Desired profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
2a. Total Variable cost per unit
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost ($20)
Administrative and selling $ 5
Total Variable cost per unit $25
b. Total fixed cost per unit
Total fixed cost per unit = $2,400,000/160,000 = $15
c. The selling price per unit
Sales / quantity = $7,520,000/160,000 = $47
Explanation:
Data:
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost $20
Administrative and selling $ 5
Total Variable cost per unit $25
EA
Fixed costs:
Manufacturing $ 1,600,000
Administrative and selling 800,000
Total fixed costs $2,400,000
b) Cost-plus approach to product pricing: This approach requires the addition of the direct materials, direct labor, and overhead costs
c) Required profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
d) Product cost:
Variable cost = $20 x 160,000 = $3,200,000
Fixed manufacturing costs $1,600,000
Total production cost $4,800,000
Product cost per unit $4,800,000/160,000 = $30
e) Income Statement to determine Sales Revenue
Sales $7,520,000
Cost of goods sold
($30 x 160,000) 4,800,000
Gross profit $2,720,000
Fixed Costs:
Manufacturing $ 1,600,000
Administrative & selling 800,000
Profit $320,000
How can life expectancy and literacy rates affect the quality of labor in the economy?
Answers
Explanation:
Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out
3 different approaches of growth
Answers
Market development. ...
Product development. ...
Diversification.
When an employee leaves a position, how should the human resources department respond?
A. Post a job description to fill the position as quickly as possible.
B. Review the position to determine whether and when the position
should be filled again.
C.Train another employee to fill the position as quickly as possible.
D. Meet with college career advisors to advertise the position.
Answers
When an employee leaves a position, the right response of the human resources department will be to review the position to determine whether and when the position should be filled again.
What is the role of human resources department?In management, a Human resources refers to the division of a business that is charged with finding, screening, recruiting as well as training the job applicants. The HR managers also administers employee-benefit programs.
The department of human resources HR is an essential component of any business regardless of an organization's size. The department is mainly tasked with maximizing employee productivity and protecting the company from any issues that may arise within the workforce.
In conclusion, these HR managers plays an important role in helping companies deal with a fast-changing business environment and a greater demand for quality employees in the 21st century.
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Answer:
B. - Review the position to determine whether and when the position should be filled again.
Explanation:
On december 31 2019 the ledger of lopez company contained the following account balances:Cash $31,500 Maria Lopez, Drawing $12,000Accounts Receivable 2,150 Fees Income 46,250Supplies 1,350 Depreciation Expense 2,000Equipment 24,500 Salaries Expense 15,500Accumulated Depreciation 1,750 Supplies Expense 2,250Accounts Payable 2,250 Telephone Expense 1,850Maria Lopez, Capital 46,750 Utilities Expenses 3,900
Answers
Answer:
A. Dec 31, 2019
Dr Fees Income 46,250
Dr Income Summary 46,250
B. Dec 31, 2019
Dr Income Summary 25,500
Cr Depreciation Expense 2,000
Cr Salaries Expense 15,500
Cr Supplies Expense 2,250
Cr Telephone Expense 1,850
Cr Utilities Expense 3,900
C. Dec 31, 2019
Dr Income Summary 21,250
Cr Maria Lopez, Capital 21,250
D. Dec 31, 2019
Maria Lopez, Capital 12,000
Maria Lopez, Drawing 12,000
Explanation:
A. Preparation of the closing entry for revenue.
Dec 31, 2019
Dr Fees Income 46,250
Dr Income Summary 46,250
(To close revenue accounts)
B. Preparation of the closing entry for expenses.
Dec 31, 2019
Dr Income Summary 25,500
(2,000+15,500+2,250+1,850+3,900)
Cr Depreciation Expense 2,000
Cr Salaries Expense 15,500
Cr Supplies Expense 2,250
Cr Telephone Expense 1,850
Cr Utilities Expense 3,900
(To close expense accounts)
C. Preparation of the closing entry for balance of income summary
Dec 31, 2019
Dr Income Summary 21,250
(46,750-25,500)
Cr Maria Lopez, Capital 21,250
(To close balance of income summary)
D.Preparation of the closing entry for the drawing account
Dec 31, 2019
Maria Lopez, Capital 12,000
Maria Lopez, Drawing 12,000
(To close drawing account)
Which person manages the stock in a large catering company
Answers
Answer:
Catering Managers are often responsible for ensuring that the catering operation maintains and inventory of stock, of both food and serving supplies.
The prohibitive tariff is a tariff that A) is so high that it eliminates imports. B) is so high that it causes undue harm to trade-partner economies. C) is so high that it causes undue harm to import competing sectors. D) is so low that the government prohibits its use since it would lose an important revenue source.
Answers
Answer:
A) is so high that it eliminates imports.
Explanation:
Prohibitive tax is one that aims to discourage importers of a good from bringing them into a country.
The tax rate is so high that it will make no sense for the importer to bring in such products.
For example if the tax rate of a product is set to 500% tarrif levy, it will most likely not make sense to bring it into a country at all.
The final price that will be presented to the customer will be too high for the importer to sell.
Lasting Impressions Co. records all cash receipts on the basis of its cash register tapes. Lasting Impressions Co. discovered during April 2012 that one of its sales clerks had stolen an undetermined amount of cash receipts when she took the daily deposits to the bank. The following data have been gathered for April:
Cash in bank according to the general ledger 9300
Cash according to the April 30, 2012, bank statement 20700
Outstanding checks as of April 30, 2012 6800
Bank service charge for April 100
Note receivable, including interest collected by bank in April 10700
No deposits were in transit on April 30.
Determine the amount of cash receipts stolen by the sales clerk.
Answers
The sales clerk has stolen $8,300 worth of cash receipts.
What are cash receipts?Any funds that a business receives in the form of cash payments from clients, customers, or other sources are referred to as cash receipts. These receipts could originate from a number of different places, including sales of goods or services, rental income, interest income, or any other cash inflows. In order to accurately reflect a company's financial position, cash receipts are a crucial component of its cash flow and are recorded in the accounting records of the company. Usually, they are documented using tapes from the cash register or other payment receipts. Companies can make sure they have enough money to pay their bills, fulfil their obligations, and invest in growth opportunities by tracking and managing their cash receipts.
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Sarah grows rosebushes that she decided to sell online. Sarah sells a rosebush to a buyer in Quebec, but the plant dies in transit. Is Sarah liable, or is her sole proprietorship liable, or both?
A- Sarah is liable.
B- Both are liable.
C- Sarah's sole proprietorship is liable.
This question is kinda tricky and I don't know which one is tech correct.
Answers
Based on the provided information, Sarah liable, her sole proprietorship liable are reliable.
According to the question, we were told about how Sarah grows rosebushes that she decided to sell online. As a result of this we can see that the sole proprietorship liable are reliable.
Therefore, option B is correct because both are reliable.
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All unethical practices are covered under the law.
True or False
Answers
Answer:
False
Explanation:
Law represent the rules and regulations made by the government in order to fulfill them so that each and every individual could work on ethical way, Here only the ethical practices are covered under the law if anyone is not following the rules and regulations proper action should be taken against that person. Also it is compulsory for all to follow the rules and regulations
Therefore the given statement is false
A common belief among business people: 1- Business behaves ethical when it obeys the law 2- Ethical standards are hard to implement 3- Ethics has no role in business 4- Ethics should not be a concern for managers
Answers
Answer:
Ethical standards are hard to implement
Explanation:
hope it helps .
WHY IS IT IMPORTANT FOR AN ENTREPRENUER TO BE PERSISTANT?
Answers
It is important for an entrepreneur to be persistent because it can be difficult to keep things going when you are not seeing instant success.
Who is an entrepreneur?An entrepreneur is a person, who set up a business for the purpose of making profit. He is responsible for taking risk in setting up the business hence take the profit and loss that comes with the business.
It is a term of profession that is based on the direction and management of a company, business or industry. Its purpose is to obtain economic benefits.Entrepreneurs are those who own the organization and its capital and are characterized by seeking the development of their companies by assuming the risks of innovation and investment.Entrepreneurs are often categorized as someone taking a risk, but they have a high profit margin and they get to be their own boss since they are starting their own company.Learn more about entrepreneur here: https://brainly.com/question/26282581
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Which factor would most likely increase the risk of being underinsured?
A. Purchasing the maximum coverage
B. Reducing the number of policy exclusions
C. Having a low limit of liability
D. Having a history of making claims in the past
Answers
The factor that would most likely increase the risk of being underinsured is option C. Having a low limit of liability.
When you have a low limit of liability, it means that your insurance policy provides limited financial protection in the event of a claim. This can result in inadequate coverage for damages or losses you may experience.
Purchasing the maximum coverage (A) and reducing the number of policy exclusions (B) would generally decrease the risk of being underinsured, as these actions increase the protection provided by your insurance policy. Maximum coverage ensures that you have the highest possible amount of financial protection, while fewer exclusions mean that more types of incidents are covered under your policy.
Having a history of making claims in the past (D) might affect your insurance premiums or the willingness of an insurer to offer coverage, but it does not directly impact the risk of being underinsured. It is essential to assess your coverage needs and choose a policy with appropriate limits of liability to minimize the risk of being underinsured and facing significant out-of-pocket expenses in the event of a claim. Therefore the correct option is C
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Steve has built an online shopping website and he would like to increase his website ranking in the search results. You are his consultant. Which of the following would you recommend for him to help achieve his goal?
Answers
Hope this helps you.
Does a depression always follow a recession?
Yes, the trough is always considered a depression.
No, a depression is indicated when the recession is exceptionally long.
Yes, for recovery to occur, the trough must be reached.
No, the economy could decline quickly and bypass recession.
Answers
Answer: No, a depression is indicated when the recession is exceptionally long.
Explanation:
Explain I don’t know js copied
The chart shows taxable income.
A 2-column table has 6 rows. The first column has entries Income, Deductions, Taxable income, taxes, tax credit, and taxes owed. The second column has entries 50,000, negative 8,950, 41,050, 7,090, negative 1,500, and 5,590.
Which explains a difference between income and taxable income?
Income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses.
Income is what a person earns, while taxable income reflects what is left after paying federal taxes.
Income is what a person earns, while taxable income reflects what is left after paying local and state taxes.
Income is what a person earns, while taxable income reflects what is received from the IRS in a tax refund.
Answers
Income is what a person earns, while taxable income reflects deductions subtracted from relevant expenses. explains the difference between income and taxable income. Option A
This is further explained below.
What explains the difference between income and taxable income?Generally, The term "taxable income" refers to the basis upon which a tax is levied under a system that taxes income. In other words, the amount of revenue that was subject to taxation by the government.
In most cases, it takes into account some or all forms of revenue and deducts costs as well as any other relevant expenses.
In conclusion, Earnings, or income, are the basis for calculating a person's taxable income, which takes into account any necessary deductions. breaks out the distinction between take-home pay and taxable earnings. Solution A
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Answer: A. Income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses.
Explanation:
Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
OA.
a few days to a week
OB.
a few weeks to a month
OC.
a few months to a year
OD.
more than a year
Answers
Explain other advantages of the autociatic leadership style. se Se busines
Answers
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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A bachelor's degree in which areas concentrates on different writing and editing styles?
A: Psychology
B: Philosophy
C: communications