Lacoste has established a strong brand reputation and brand equity.
Explanation:Lacoste's cotton knit shirts are widely known for their superior quality and are perceived as a status symbol, allowing the brand to command a premium price. This indicates that Lacoste has established a strong brand reputation and brand equity.
On september 1, knack company signed a $50,000, 90-day, 5% note payable with central savings bank. what is the journal entry that should be recorded by knack upon maturity of the note? (use 360 days a year.)
Mmortalized in the movie rain man, dustin hoffman's character performs mind-boggling feats of mathematical calculations, yet cannot perform the simplest of tasks such as determining how much change he would receive when buying a candy bar. this is known as _____ syndrome.
Practice question 05 when is a receivable recorded by a service organization? when the related expenses are incurred when service is provided on account when the customer pays when the bill is sent to the customer
A receivable is recorded by a service organization when the service is provided on account. This follows the accrual basis of accounting, which records revenues and receivables when they are earned, not when the cash is received.
Explanation:In accounting, a service organization records a receivable when the service is provided on account, not when the related expenses are incurred, the customer pays, or the bill is sent to the customer. This is a common practice that follows the accrual basis of accounting, which records revenues and associated receivables when they are earned, not when the cash is received. For instance, a consulting firm would record a receivable when they have completed the consulting work agreed upon (service provided) but before they have received payment from the client.
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Andrea is a famous rodeo competitor. she contracts with wild ride horse sales to purchase five pedigreed horses, which are designated by their registration numbers. in this contract, identification:
Final answer:
The question deals with the identification of goods in a sales contract by using specific registration numbers, a key element in contract law central to the transfer of risk and title.
Explanation:
The subject of the question involves the concept of identification in the context of a contract for the purchase of goods. Andrea, being a buyer and a famous rodeo competitor, specifies horses by their registration numbers in her contract with Wild Ride Horse Sales. The mention of these unique identifiers suggests that this is a sale by description, an essential component in business and contract law. Once the seller designates the horses by registration numbers, they are considered to be identified to the contract, which allows further actions such as the passing of risk and possibly title to occur under the specific terms of the contract.
Savings accounts enable you to earn interest for money you place, or deposit, in the bank.
True or False?
How do the owners of a partnership relate to the business?
a. the owners and the business are not separate legal entities.
b. the assets of the owners are considered separate from the asset of the business.
c. the owners and the business are separate legal entities.
d. none of these describe the legal relationship of the owners to the business?
A _____ cost occurs when the amount used varies based on the volume of service provided.
_________ occurs when a formula directly or indirectly refers to itself.
Bob, a guest at a hotel, reached into the front seat of the hotel limousine to get his briefcase. he supported himself by placing his left hand on the center pillar to which the rear door was hinged. a hotel employee closed the rear door, smashing bob's hand. a part of bob's left index finger later had to be amputated. bob filed a negligence lawsuit against the hotel in a state that adopted a "pure" form of comparative negligence. in this case, the court most likely would find that:
In a state with "pure" comparative negligence, the court will likely apportion fault between Bob and the hotel, and Bob can recover damages reduced by his fault percentage.
Explanation:Bob filed a negligence lawsuit against the hotel after his hand was smashed by a hotel employee closing the car door, leading to the amputation of part of his left index finger. In a state that has adopted a "pure" form of comparative negligence, the court is likely to apportion fault between Bob and the hotel based on their respective contributions to the incident. Under pure comparative negligence, even if Bob is found partially at fault, he can still recover damages, but the amount would be reduced by his percentage of fault. The court will consider factors such as the foreseeability of Bob's actions and whether the hotel employee had a duty to check the area before closing the door.
The practice of lobbying is protected by
The practice of lobbying is protected by the First Amendment, but is regulated by a number of federal laws including the 'Lobbying Disclosure Act' and 'Honest Leadership and Open Government Act'. State laws also regulate lobbying. Despite this protection, violations come with penalties like fines or prison sentences.
Explanation:The practice of lobbying, an essential part of the U.S. political process, is protected by the First Amendment of the U.S. Constitution which guarantees the right to 'petition the government for redress of grievances'. This protection enables individuals or groups to influence decisions within governmental institutions. Regardless of these constitutional protections, laws and regulations are in place to define and govern the practice of lobbying, such as the 'Lobbying Disclosure Act' of 1995 and 'Honest Leadership and Open Government Act' of 2007. These acts require lobbyists to register with the federal government and regulate actions such as gift giving to lawmakers and the 'cooling-off' period for government officials leaving office.
Each State may also have its own regulations for lobbying, and there are penalties in place for violating these laws, such as fines, prohibitions on lobbying, or prison sentences. The lobbying practice is increasingly professional and comprehensive, with lobbyists representing a wide range of interest groups, and even foreign entities, subject to the same registration requirements.
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A local animal feed company makes its feed by the ton which is 2000 pounds
The pharmacist needs to measure out 35 grams of a 70% powder using the 50% and 90% powders he has in stock. how much of each powder is required?
let us say that:
x = mass of 50% powder
y = mass of 90% powder
eqtn 1 overall mass balance: x + y = 35
eqtn 2 poweder balance: 0.50 x + 0.90 y = 0.70 * 35 => 0.50 x + 0.90 y = 24.5
Combining equations 1 and 2:
0.50 (35 – y) + 0.90 y = 24.5
17.5 – 0.50 y + 0.90 y = 24.5
0.40 y = 7
y = 17.5 grams
x = 35 – y = 35 – 17.5 = 17.5 grams
So equal amounts of 17.5 grams each are needed.
_____ holds data when the computer is off or during the course of a program's operation.
Which document allows patients to specify their wishes in regard to four specific dire medical situations by using a 48-item questionnaire?
The document in question is an advance directive, which allows patients to specify their wishes regarding medical care using a 48-item questionnaire.
The document in question is known as an advance directive. An advance directive allows patients to specify their wishes regarding medical care in scenarios where they might be unable to express their decisions. This particular type of advance directive involves a 48-item questionnaire which assists in detailing patient preferences in four specific dire medical situations.
Advance directives help ensure that a patient's wishes regarding life-sustaining measures are communicated effectively to their family, friends, and healthcare professionals. These documents can include instructions about whether to accept or refuse treatments such as resuscitation, mechanical ventilation, tube feeding, and more.
In summary, by filling out an advance directive, individuals can express their medical care preferences well in advance, providing clarity and avoiding confusion during critical moments.
When managers organize divisions according to the types of customer to whom they market their products, they are focusing on a product structure?
Gordon rosel went to his bank to find out how long it will take for $1,200 to amount to $1,650 at 8% simple interest. calculate the number of years. (round time in years to the nearest tenth.) number of years
It will take [tex]5[/tex] years for principal [tex]\$1,200[/tex] to amount [tex]\$1,650[/tex] at [tex]8\%[/tex] simple interest.
What is principal?"Principal is the amount which is taken by an individual as a loan."
What is amount?"Amount is the total money paid back at the end of the time period for which it was borrowed."
What is simple interest?"Simple interest is the interest calculated on the principal amount."
Principal [tex]P=\$1,200[/tex]
Amount [tex]A=\$1,650[/tex]
Rate [tex]R=8\%[/tex]
Simple interest [tex]S.I=A-P[/tex]
[tex]=1650-1200\\=\$450[/tex]
Formula to be used
[tex]S.I=\frac{PRT}{100}[/tex]
[tex]450=\frac{(1200)(8)(T)}{100} \\T=\frac{(450)(100)}{(1200)(8)} \\T=4.6875\\T=5[/tex]
Hence, the number of years is [tex]5[/tex] years.
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_____ planning done by top-level managers involves establishing a vision for the company, defining long-term objectives and priorities, determining broad action steps, and allocating resources.
How many ways can an irs auditor select 6 of 13 tax returns for an audit?
There are 1716 ways for an IRS auditor to select 6 of 13 tax returns for an audit.
Explanation:The question asks how many ways an IRS auditor can select 6 of 13 tax returns for an audit. This is a combination problem since the order does not matter. To solve this, we can use the combination formula:
C(n, r) = n! / (r! * (n-r)!)
where n is the total number of items and r is the number of items to be selected. Plugging in the values, we get:
C(13, 6) = 13! / (6! * (13-6)!) = 13! / (6! * 7!) = 1716
Therefore, there are 1716 ways for an IRS auditor to select 6 of 13 tax returns for an audit.
Travis invests $10,000 today into a retirement account. he expects to earn 8 percent, compounded annually, on his money for the next 26 years. after that, he wants to be more conservative, so only expects to earn 5 percent, compounded annually. how much money will he have in his account when he retires 38 years from now, assuming this is the only deposit he makes into the account?
As part of a research study, dora is administered an intelligence test and obtains a particular score on this test. a few days later, she repeats the same test as a part of the same study and obtains the same score. this in turn leads dora to conclude that the intelligence test possesses adequate _____.
Outpatient care accounts for what percent of gross patient revenue for all us hospitals? 1. 10% 2. 20% 3. 40% 4. 60%\
What is the approximate minimum time to achieve significant strength gains in a strength-training program?
If someone told you that the nominal gdp increased by 4% in 2004 explain why you would need two additional pieces of information to conclude that the standard of living for the typical person also increased by 4%.
While a 4% increase in nominal GDP suggests economic growth, two additional pieces of information, inflation and population growth, are vital to assess the impact on the standard of living. Real GDP growth, adjusted for inflation and per capita figures considering population growth, provides a clearer picture. Beyond quantitative measures, qualitative improvements in health, education, environment, and technology also contribute to the standard of living.
Explanation:When analyzing the implications of a 4% increase in nominal GDP in 2004 for the standard of living, it is essential to consider two additional pieces of information: the rate of inflation and population growth. Nominal GDP does not account for inflation, which means that if the price level increased by, for instance, 2%, the real growth in economic output would only be 2% rather than the nominal 4%. Additionally, if the population grew by 2%, the per capita GDP growth might be negligible, indicating that the standard of living has not improved significantly.
Furthermore, GDP growth alone does not fully embody the overall standard of living. Factors like improved health, increased education, cleaner environment, and technological advancements, which significantly improve the quality of life, are not captured by the GDP measure. As such, these qualitative aspects may lead to a rise in the actual standard of living that surpasses the GDP increase, offering a more comprehensive view of economic welfare.
What problem will result from even slightly higher global temperatures?
The problems that may arise if there is a slight higher global temperature are the following;
- Increasing of sea level due to the melting of ice caps
- Presence of alteration in ecosystem in which is responsible of balancing the environment in the earth that we live in.
The international illegal trade in wildlife brings in an average of ____.
Quentin operates an ice cream franchise which has shops throughout the united states. coolcream co., the franchisor, supplies the ingredients and formula so that quentin can create the ice cream in his store and sell it fresh to customers. this relationship is known as a:
I believe that this problem has the following choices:
chain style business operation.
joint development enterprise.
distributorship.
manufacturing or processing plant arrangement.
The correct answer is:
manufacturing or processing plant arrangement.
In a manufacturing style of relationship, there is a continuous in flow of raw materials which is supplied by Quentin’s supplier and outflow of products which is supplied by Quentin itself.
Devante looks at a weekly sales report to find out how much each sales associate and each store sold, compared to sales goals. doing this, devante is fulfilling the __________ function of management.
The _____ takes into consideration both the direct and indirect global warming effects of refrigerants.
The main goal when setting insurance goals is to
The main goal when setting insurance goals is having to come up with the problems by asking important questions in means of having to create an insurance goal. One example that is needed to be asked when creating an insurance goal is by having t ask what is needed to be insure.
The main goal when setting insurance goals is to ensure that the average person's payment into insurance over time covers the average person's claims, the costs of running the company, and leaves room for the firm's profits.
Explanation:The main goal when setting insurance goals is to ensure that the average person's payment into insurance over time covers the average person's claims, the costs of running the company, and leaves room for the firm's profits.
For example, a life insurance company's primary purpose is to provide financial protection for survivors of the insured. After insurance policies have been paid out, the company may have a great deal of cash on hand, which can be lent to others or used for policy loans.
Ultimately, the goal of insurance companies is to balance their income from premiums and investments with their expenses and the need for profitability.
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______________ and _________________ wanted germany to pay for the entire financial cost of the war.