Answer:
78.12
Explanation:
Which of the following matters should never be discussed in a text message?
1 Resources available
2 Number of clients
3 Tasks or duties
4 Absences
Resources available, number of clients, tasks or duties, and absences should never be discussed in a text message.
All of the mentioned matters, including resources available, number of clients, tasks or duties, and absences, are sensitive and important for the smooth functioning of a business or organization. However, some of these matters are better suited for discussion in person, over the phone, or through email rather than in a text message. Text messages may not provide enough context, clarity, or security for discussing sensitive or confidential matters. Moreover, text messages may not be easily searchable or retrievable, making it difficult to refer back to important information. Therefore, it is advisable to avoid discussing matters such as resources available, number of clients, tasks or duties, and absences in a text message. These matters are better discussed in person, over the phone, or through email where there is more room for explanation, context, and security.
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What are the inventory methods used in accounting?
Answer:
- specific identification;
- first-in, first-out (FIFO);
- last-in, first-out (LIFO); and.
- weighted-average.
A corporation issued 5,900 shares of $10 par value common stock in exchange for some land with a market value of $88,000. The entry to record this exchange is:
a. Debit Land $88,000; credit Common Stock $88,000.
b. Debit Land $59,000; credit Common Stock $59,000.
c. Debit Common Stock $59,000; debit Paid-In Capital in Excess of Par Value, Common Stock $29,000; credit Land $88,000.
d. Debit Land $88,000; credit Common Stock $59,000; credit Paid-In Capital in Excess of Par Value, Common Stock $29,000.
e. Debit Common Stock $88,000; credit Land $88,000.
Answer:
The correct answer is option (d)Debit Land $88,000; credit Common Stock $59,000; credit Paid-In Capital in Excess of Par Value, Common Stock $29,000.
Explanation:
Solution
Given that:
Since the fair value of the Land is more readily known,
Then,
The Fair Market value of Land $88,000 will be taken as basis for valuation.
So entry will be :
Land Dr $88,000
Common Stock Cr $ 59,000
Paid in Capital in Excess of Par -Common Stock Cr 29,000
So a option is correct
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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Josh buys an $8000 10-year bond that has a coupon rate of 4.5 %. If he keeps the bond to maturity, how much interest will he collect?
Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.
To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.
The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).
Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).
Total interest = Annual interest payment * Number of interest payments
Total interest = $360 * 10
Total interest = $3600
Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.
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The ______ are typically responsible for creating the business idea.
Answer:
I guess
Explanation:
An Entrepreneur
2. Out of the last 94 years shown, how many years had negative annual returns? What percentage is that?
Out of the last 94 years shown, 23 years had negative annual returns. This means that roughly 24.5% of the years had negative returns.
It is important to note that this percentage may vary depending on the specific time frame and data set being analyzed. Negative annual returns occur when the value of an investment decreases over the course of a year. This can happen due to a variety of factors such as economic downturns, changes in market conditions, or poor performance by individual companies. Investors should be aware of the potential for negative returns when making investment decisions, but it is also important to remember that past performance is not necessarily indicative of future results. Proper diversification and risk management strategies can help minimize the impact of negative returns on an investment portfolio.
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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Managers are responsible for helping company's code of ethics. to understand and follow their
Answer:
Yes, managers play an important role in helping employees understand and follow their company’s code of ethics. A code of ethics is a set of guidelines that outlines the ethical standards and values that a company expects its employees to uphold. Managers are responsible for communicating the code of ethics to their employees, providing training and guidance on ethical behavior, and ensuring that employees comply with the code. By promoting ethical behavior and leading by example, managers can help create a positive and ethical work environment.
Explanation:
Use the information for Geiberger Corporation from BE21.12, except assume the collectibility of the rentals is not probable. Prepare any journal entries for Geiberger on December 31, 2019.
In BE21.12
Geiberger Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $120,000 to manufacture. The lease agreement covers the 5-year useful life of the drone and requires five equal annual rentals of $40,800 payable each December 31, beginning December 31, 2019. An interest rate of 8% is implicit in the lease agreement. Collectibility of the rentals is probable. Prepare Geiberger’s December 31, 2019, journal entries.
Answer:
Date Account title Debit Credit
12/31/2019 Lease Receivable $175,934
Cost of Goods sold $120,000
Sales Revenue $175,934
Inventory $120,000
Date Account title Debit Credit
12/31/2019 Cash $40,800
Deposit Liability $40,800
The rental amount is constant and is made on the first day of the lease period so this is an annuity due.
As the collectability is probable, you need to find the present value of this lease:
= 40,800 * Present value of annuity due factor, 5 year, 8%
= 40,800 * 4.3121
= $175,933.68
= $175,934
Entrepreneurship is when someone:
a.) does not work for hourly pay, but instead pays themself.
b.) goes into a business partnership with a co-founder.
c.) sets up, founds, or develops a unique business.
d.) looks for ways to make money in unique ways.
Entrepreneurship is when someone sets up, founds, or develops a unique business. option C is the answer
Who is an Entrepreneur?
An entrepreneur is an individual with a unique idea that s aimed as problem solving.
The person identifies a problem and then create a lasting solution that will bring about opportunities and satisfaction to the people.
An entrepreneur bears the risk that comes from starting or establishing a new business and create opportunity around it.
Therefore, someone who sets up, founds, or develops a unique business is an entrepreneur.
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There is a natural progression from one statement to the next. The following boxes represent the four financial statements. The set of financial statements is prepared at the end of each accounting period to communicate information about the company’s operations during that period to its users. Use the selection lists to demonstrate your knowledge of the relationships between the statements. In the headings, you will need to select the appropriate statement name and time period.(Hint: Ask yourself if the statement covers a period of time or if it is a snapshot at a given point in time.) Then complete the blanks following the headings.)
Statement:
ABC Company This statement shows how profitable a company is. It is sometimes referred to as the profit and loss (P&L) statement.
This statement summarizes the_______ Which item from this financial statement appears on the next financial statement?
Answer:
Income Statement:
ABC Company This statement shows how profitable a company is. It is sometimes referred to as the profit and loss (P&L) statement.
This statement summarizes the_revenue and expenses______ .
Which item from this financial statement appears on the next financial statement?
Net Income
Explanation:
For instance, Company XYZ reports the Net Income (net profit) from the Income Statement to the Statement of Retained Earnings. This second financial statement shows the distribution of profits to Company XYZ's stockholders. From this second statement, the company takes an item known as the Retained Earnings to the next statement called the Balance Sheet (a snapshot of financial position). The last statement usually prepared as part of financial reporting is the Statement of Cash Flows, which classifies the financial (cash) activities of the business into three: Operating, Investing, and Financing activities. The Statement of Cash Flows shows the cash inflows and outflows during a period.
Charise is considering how much to charge for her small business’s products. Charise is involved in
Group of answer choices
Answer:
charity
Explanation:
The GAP is a global clothing retailer for men, women, children, and babies. The following information is taken from The Gap's fiscal 2015 annual report. Selected Balance Sheet Data ($ millions) 2015 2014 Inventories $1,873 $1,889 Accounts Payable 1,112 1,173 a. The Gap purchased inventories totaling $10,061 million during fiscal 2015. Use the financial statement effects template to record cost of goods sold for The Gap's fiscal year ended 2015. (Assume accounts payable is used only for recording purchases of inventories and all inventories are purchasd on credit.) b. What amount did the company pay to suppliers during the year? Record this with the financial statement effects template. Use negative signs with answers, if appropriate.
Answer:
a. The Gap purchased inventories totaling $10,061 million during fiscal 2015.
$10,077 millionb. What amount did the company pay to suppliers during the year?
$10,122 millionAssets = Liabiltiies + Equity
a. 0 0 -$10,077
b. -$10,122 -$10,122
Revenue - Expenses = Net income
a. 0 $10,077 -$10,077
b. 0 0 0
Explanation:
2015 2014
Inventories $1,873 $1,889
Accounts Payable $1,112 $1,173
COGS for 2015 = beginning inventory + 2015 purchases - ending inventory = $1,889 + $10,061 - $1,873 = $10,077
Amount paid to suppliers = beginning inventory + 2015 purchases - ending inventory = $1,173 + $10,061 - $1,112 = $10,122
In any industry, ethical behavior is the responsibility of ______.
Answer:
In any industry, ethical behavior is the responsibility of each employee
Answer:
each employee
Hope this helps
The Federal Reserve System of the United States is responsible for the conduct of U.S. ________ policy. bank control
Answer:
monetary policy.
Discuss three typical categories of performance measurement that are commonly used for evaluation in the scorecard.
Answer:
The four dimensions of performance that are considered in a balanced scorecard are financial, customer, internal process, and learning and growth.A balanced scorecard will include qualitative and quantitative measures.Stakeholders cannot include stockholders.Explanation:
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Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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Suppose a perfectly competitive firm with total cost function given as: TC=Q³-50² +30Q +10 5.1. Given the equilibrium price for the product in the market is $6, find profit maximizing level of output and the maximum profit generated, and show if margina cost is increasing, decreasing or at its minimum at this point.
Wher the conditions are given - perfectly competitive firm with total cost function given as: TC=Q³-50² +30Q +10, the profit maximizing level of output and the maximum profit generated are Q = 35 units and -$40,375 respectively.
How is this so?MC = d(TC)/dQ
MC = 3Q² - 100Q + 30
To find the profit-maximizing level of output, we set MC equal to the market price, which is $6:
6 = 3Q² - 100Q + 30
Next, we solve this equation for Q:
3Q² - 100Q + 24 = 0
Using quadratic formula
Q = (-(-100) ± √((-100)² - 4(3)(24))) / (2(3))
Q = (100 ± √(10000 - 288)) / 6
Q = (100 ± √(9722)) / 6
Q = (100 ± 98.55)
Q = 33.0916666667 or 0.24175334032
Q ≈ 33.02 or Q ≈ 0.24
Since we are dealing with a perfectly competitive market, we consider the positive solution: Q ≈ 33.02.
Now, to find the maximum profit, we substitute the value of Q into the total cost function:
TC = (33.02 )³ - 50(19.85)² + 30(19.85) + 10
= 16906.754608
TC ≈ 16906.76
To calculate the maximum profit, we subtract the total cost from the total revenue, which is the product of the market price and the quantity:
Total revenue = 6 * 33.02 ≈ 198.12
Maximum profit = Total revenue - Total cost
≈ 198.12 - 16906.76
Maximum profit ≈ -16, 708.64
To check whether the marginal cost is increasing, decreasing, or at its minimum at this point, we can examine the derivative of the marginal cost function with respect to the quantity
d(MC)/dQ = 6Q - 100
Substituting Q ≈ 33.02 into the derivative,
d(MC)/dQ ≈ 6(33.02) - 100
≈ 198.12- 100
≈ 98.12
Since the derivative is positive (98.12), the marginal cost is increasing at the profit-maximizing output level.
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Full Question:
Suppose a perfectly competitive firm with total cost function is TC=Q³-50² +30Q +10 5.1. Given the equilibrium price for the product in the market is $6, find
1) profit-maximizing level of output and
2) the maximum profit generated, and show if marginal cost is increasing, decreasing or at its minimum at this point.
WILL MARK BRAINLIEST
What is the difference between Medicare, Medicaid, and Social Security?
Which best describes how consumers may benefit from specialization?
Consumers can only purchase high-quality goods.
Consumers have more price options.
O Consumers receive more sale offers.
O Consumers find products at lower prices.
In specialization a company have produced the product at different price levels. Consumers have more price options.
What is consumer?A consumer is a person who purchases the goods and or services from the business and is also the ultimate user of the products or services. In specialization the company produces a certain product at many different levels by which they have many price options available which vary according to their customization and quality that can be offered to the consumers and hence the customer can purchase different types of a single product from a single company or Brand.
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For cost of capital purposes, the firm should always consider reinvested earnings as the first source of capital – i.e. use these funds first- because reinvested earnings have no cost to the firm.
A. True
B. False
WBS for the knowledge area of Human/Resource Management for a low-cost housing project
Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:
The wbs for a knowledge area of Human/Resource Management for a low-cost housing projectHuman/Resource Management
1.1 Staffing Plan
1.1.1 Define project roles and responsibilities
1.1.2 Identify required staffing resources
1.1.3 Determine the project team structure
1.1.4 Develop a staffing plan and budget
1.2 Recruitment and Selection
1.2.1 Create job descriptions and specifications
1.2.2 Advertise and promote job openings
1.2.3 Review resumes and conduct initial screenings
1.2.4 Conduct interviews and select candidates
1.2.5 Perform background checks and reference checks
1.2.6 Extend job offers and negotiate terms
1.3 Training and Development
1.3.1 Assess training needs for project team members
1.3.2 Develop a training plan and schedule
1.3.3 Conduct training sessions and workshops
1.3.4 Provide on-the-job training and mentoring
1.3.5 Evaluate training effectiveness and adjust as needed
1.4 Performance Management
1.4.1 Set performance expectations and goals
1.4.2 Monitor and assess individual and team performance
1.4.3 Provide feedback and coaching to improve performance
1.4.4 Conduct performance appraisals and evaluations
1.4.5 Identify and address performance issues or conflicts
1.5 Resource Allocation
1.5.1 Identify project resource requirements
1.5.2 Allocate resources based on project needs
1.5.3 Monitor resource utilization and availability
1.5.4 Optimize resource allocation to meet project objectives
1.6 Stakeholder Management
1.6.1 Identify project stakeholders and their interests
1.6.2 Develop a stakeholder engagement plan
1.6.3 Communicate and manage stakeholder expectations
1.6.4 Address stakeholder concerns and resolve conflicts
1.6.5 Maintain positive relationships with stakeholders
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The three "R's" of socially responsible business are "reuse," " recycle," and "____."
1.Reduce
2.reinvent
3.reenergize
4.retrofit
Answer:
Reduce
Explanation:
Reduce
Reuse
Recycle!
Classifying cost behavior classify the total costs of each of the following as variable, fixed, or mixed.
a) Straight-line depreciation on a building
b) Maintenance costs at a hospital
c) Rent on a photocopy machine charged as a fixed amount per month plus an additional charge per copy.
d) Cost of goods sold in a bookstore.
e) Salaries paid to temporary instructors in a college as the number of course sessions varies.
f) Lumber used by a house construction company.
g) The costs of operating a research department
h) The cost of hiring a dance band for three hours
i) Laser printer paper for a department printer
j) Electric power in a restaurant
No matter how many units you produce or sell, fixed costs remain the same. Variable expenses are straightforwardly attached to your deals and creation.
How does the time horizon affect the cost classification into variable, fixed, and mixed categories?There will be both variable and fixed costs in a shorter time horizon. All costs change over a longer time frame. Over the long haul, all expenses are variable. At least one cost is set in stone for the short term.
a. straight-line building depreciation: fixed .
b . Hospital maintenance costs: mixed .
c.rent for a photocopier, which is a fixed monthly amount plus an additional fee for each copy: mixed .
d. cost of merchandise sold in a book shop : a variable
e. salaries paid to temporary instructors at a college when there are different numbers of course sessions: step .
f. a house construction company uses the following lumber: a variable
g . the operating expenses of a research department: mixed .
h. how much it would cost to hire a dance band for three hours: fixed .
i. paper for a laser printer that is used in a department: a variable
j. restaurant electric power: mixed .
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How did the cost of the basket of goods Daniel bought from the farmer's market change from the first week to the second week
The cost of the basket Daniel bought at the farmers market increased.
How to know if the cost of the basket increased or decreased?To find out if the cost of the basket that Daniel bought at the farmers market increased or decreased, we must compare the price of the previous week and the price of the current week.
Based on the above, we can infer that the price increased because the previous week the price was $12 and in the current week it is $15.
Note: This question is incomplete because there is some information missing. Here is the complete information:
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The cost of the basket of goods that Daniel bought from the farmer's market changed from the first week to the second week due to increased demand and reduced supply.
What are demand and supply?Demand and supply refer to the market forces that interact to determine the production and prices of goods and services in an economy.
Without the interaction of demand and supply, the number of units to be produced will be difficult to determine. Moreover, the determination of prices in a free market economy will be based on governmental regulations.
Thus, the cost of the basket of goods that Daniel bought from the farmer's market changed from the first week to the second week due to increased demand and reduced supply.
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The following time series data show the number of lightning strikes in a particular county for the most recent seven months.
Month 1 2 3 4 5 6 7
Value 26 15 22 14 21 25 17
The time series plot of the provided data displays the quantity of lightning strikes in a specific county over a period of seven months. Because its MSE is lower than the MSE using the most recent value, the average of all prior values offers a superior forecast.
It appears to follow a seasonal trend based on the pattern seen in the data. This is evident from the values' variation over time, which exhibits a cycle or recurring pattern.
We must series plot the MSE values to see whether strategy produces the best forecast. The MSE value of the most recent value approach is lower (42.15) than that of the average technique (84.44), indicating a more accurate forecast. Therefore, a better forecast is given by the most recent value.
As a result, the significance of the time series data show the number of lightning strikes in a particular county for the most recent seven months are the aforementioned.
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Melissa recently paid $400 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $250 fee to register for the conference, $300 per night for three nights' lodging, $200 for meals in restaurants, and $150 for cab fare. (Do not round internediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answers blank. Enter zero if applicable.)a. What amount of these costs can Melissa deduct as business expenses
The amount of these costs that Melissa can deduct as business expenses is $1,800.
Air fare $400
Registration of conference $250
Lodging $900
($300×3 nights)
Meals (allowable up to 50%) $100
($200×50%)
Cab fare $150
Total Deductible $1,800
($400+$250+$900+$100+$150)
Inconclusion the amount of these costs that Melissa can deduct as business expenses is $1,800.
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In a market economy, the MAIN incentive for entrepreneurs to take risks is the potential for
A
B
C
D
paying lower taxes.
traveling to other countries.
making a profit.
acquiring better job benefits.
The chance of making a profit is the MAIN reason why business people take risks in a market economy.
How does profit work?a significant payout Gain is the difference between the returns and the costs of a single transaction or a series of transactions. especially: the premium that commodities command over their marginal cost. 3.: Typically, net income for a specific time frame.
The importance of profit?Revenues less costs equal profit for an organization. Profitability affects a company's capacity to obtain bank funding, draw in shareholders to fund its operations, and expand its business, making it crucial for businesses to turn a profit. Without making a profit, companies are unable to continue operating.
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