Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. Under "current liabilities"section of balance sheet this account will be recorded as "account payable".
Answer: Option (B) is correct
Explanation:
Raw material purchased on credit from a vendor is a liability and it is shown under current liabilities in "accounts payable". Since raw material purchased on credit and payment is to be made after two months.
Payment due gives rise to liability. Now current liability is a company's short term obligations that are to be paid back within a year. Here the firm will have to make payment within two months to the vendor.
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. In a balance sheet this amount be recorded as “accounts payable” is
A.
current assets
Explanation:
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. In a balance sheet this amount be recorded as “accounts payable” is A. current assetsCurrent assets shows all the assets of a company that are expected to be sold, consumed, utilized or exhausted through the standard business rules and operations.Current assets includes the following entries, cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity
False
True
True. Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity .
Explanation:
Most people do report higher levels of personal satisfaction when they invest their own time and do public service instead of just donating their money for charity and never seeing what good or bad it did for the people it was supposed to go to.
This is because when people volunteer they are actually able to see the impact of their work and meet the people they want to help, not just send money for donations.
This makes them feel more fulfilled as now they can see they have made a difference.
What is the fourth part to property rights?
the right to demand a profit
the right to extract efficiency
the right to earn income from the good
the right to insure equity of goods and services
Answer:
the right to earn income from the good
Explanation:
Property rights is an economic term that emphasis on how a resource can be used and owned. Property rights differentiate various goods on the basis of their ownership and usage. The fourth property right is the right to earn income from a good. It’s a right that allows an individual to sell goods and services and earn money.
Blue Valley College has 783 female students. This is 60% of the total student body. How many students attend Blue Valley College?
Final answer:
To find the total number of students at Blue Valley College, where 783 female students represent 60% of the student body, a proportion can be set up and solved. This calculation shows that the total student body is 1305 students.
Explanation:
To determine the total number of students at Blue Valley College, given that 783 female students represent 60% of the student body, we can set up a proportion as follows:
60% is to 783 students as 100% is to the total student body (T).
0.60T = 783
To find the total number of students (T), we divide both sides of the equation by 0.60:
T = 783 / 0.60
T = 1305
Therefore, the total number of students attending Blue Valley College is 1305.
How do the rhetorical questions in this section set the stage for Mack’s argument and engage his audience?
Explanation:
Rhetorical questions are asked in order to persuade the audience and prove them the statement rather than providing information. Mack utilizes the rhetorical questions to make his audience think about the topics asked as questions. The thoughts of different types of people are analysed.
By making the audience to think about the topics Mack keeps the audience engaged. The audience also find it interactive and communicate their thoughts on the topic effectively. Hence these questions set stage for Mack's argument and engage his audience.
Which functionality would you include in the product category of the marketing mix?
A. substitute goods for current product
B. product discounts
C. after-sales service
D. product image used in advertisement
The after sales services are included in the product category of market mix. Option C
Explanation:
The set of ideas or actions taken by a business entity or a company to promote its product or brand in the market. The four P’s of marketing mix are namely,
Product - The end product that is offered for sale. Price – The value set for the finished good for selling. Place – Direct or indirect markets. Promotion – Public relations, advertising, etc.,From the given, discounts comes under pricing, product image used in advertising comes under promotion and substitute goods belong to a different topic. After-sales services comes under the service branch of the product category.
Measures of dispersion are often used in finance as a proxy for risk. Explain
Measures of dispersion are often used in finance as a proxy for risk:
Measures of dispersion are generally used to describe the variability in sample. The three commonly used measures of dispersion are as follows,
Interquartile range - Difference between the [tex]25^{th}[/tex] and [tex]75^{th}[/tex] percentile (also known as the [tex]1^{st}[/tex] and [tex]3^{rd}[/tex] quartile). The formula is [tex]\bold{\text{Interquartile range = Q3 - Q1}}[/tex]Range - Difference between the largest and smallest observation. The formula is [tex]\bold{\text{Range = maximum value - minimum value}}[/tex]Standard deviation - SD is the square root of sum of squared deviation from the mean divided by the number of observations. The formula is as follows, [tex]\bold{\sigma=\sqrt{\frac{\sum\left(x_{i}-\mu\right)^{2}}{N}}}[/tex]Appropriate usage of measures of dispersion:
Median and interquartile range is used for skewed numerical data, ordinal data or mean. When mean is utilized as a measure of central tendency or symmetric numerical data, SD is used.
Usage in finance:
In finance, the Regression analysis technique helps in explaining the dispersion of dependent variable, that is measured by its variance, with the help of one or more independent variables each of which has positive dispersion. This proves to be a proxy for risk.
Final answer:
Measures of dispersion, such as range, variance, and standard deviation, are statistical tools utilized in finance to assess risk. They indicate the variability of investment returns, with greater dispersion showing higher risk. The range is the simplest form, while variance and standard deviation offer a more detailed perspective.
Explanation:
Measures of dispersion are vital statistical tools used in finance to analyze and quantify the risk associated with different investments. They provide insight into the variability or spread of investment returns around the average. Thus, measures of dispersion serve as a proxy for risk because they illustrate the potential range of outcomes for an investment, with larger dispersions indicating greater uncertainty and therefore higher risk.
The simplest form of measure of dispersion is the range, which is calculated as the difference between the highest and lowest values in a dataset. For example, if the highest value is 99 and the smallest value is 57, the range is 42. However, the range is a rather crude measure since it only accounts for the extreme values and ignores the rest of the data distribution.
Variance is another common measure of dispersion, which represents the mean of the squared deviations from the mean. It is mathematically expressed as the average of the squared differences between each data point and the mean of the dataset. Standard deviation is the square root of the variance and provides a measure of spread in the same units as the data, making it much more intuitively comprehensible than variance.
What kind of export controls are placed on selling Steen’s Cane Syrup to the target market?
The main principle of export control is to ensure that the exports of certain goods and technology are consistent with canada's foreign and defence policies.
Explanation:
Steen's cane syrup is an American sweetener made by the concentration of cane juice through cooking in open kettles.
In U.S, the laws and regulations are common and they differ in their language and interpretation from licensing agency over time. The U.S export controls are divided into three systems they are the ITAR generates the export of defence items, the EAR regulates the export of commercial and dual case items and the OFAC regulates economic sanctions.
Thus EAR is the type of export control that are placed on selling Steen's Cane Syrup to the target market.
Export controls on selling Steen's Cane Syrup are indirectly influenced by U.S. protectionist policies on the sugar industry, including tariffs and quotas on sugar imports. These policies ensure higher prices for domestic sugar, affecting the cost and competitiveness of sugar-containing products like Steen's Cane Syrup in the international market.
Explanation:The question regarding export controls on selling Steen’s Cane Syrup to the target market primarily involves understanding the various trade policies, especially those concerning the sugar industry in the United States. The U.S. employs protectionist policies to control the quantity of foreign-produced sugar entering its market, which indirectly affects products like Steen's Cane Syrup. Through mechanisms such as the U.S. Farm Bill, the government ensures that domestic sugar growers receive a guaranteed price for their sugar and controls imports to secure at least 85% of the domestic market for American producers.
Regarding export controls specifically for Steen’s Cane Syrup, it’s essential to consider the impact of sugar import quotas and tariffs on both the cost of sugar domestically and the end product's price. For instance, the Office of the United States Trade Representative outlines annual tariff-rate quotas for raw cane sugar, refined and specialty sugar, and sugar-containing products, which could influence the cost dynamics and competitive pricing of Steen's Cane Syrup in the international market.
Exporting Steen's Cane Syrup might not directly face export controls, but the product's price competitiveness can be significantly affected by the upstream sugar market controls in the U.S. These include sugar import quotas that limit foreign sugar to ensure higher prices for domestic sugar, benefiting domestic sugar syrup producers like Steen's but potentially increasing the cost of exports.
Jamie Lee now has to juggle the three monthly credit card bills for each of the retailers where she purchased her home furnishings. She is interested in getting one loan to consolidate the three store consumer credit cards so she may make a single payment on the goods per month. Using “Your Personal Financial Plan” sheet 17, comparing the consumer loan options that Jamie Lee may consider. What are your recommendations for her to consolidate her monthly consumer charge bills?
Explanation:
I would recommend Jamie Lee to use consolidating of her debt such as the credit card bills and taking personal loans only when she has a regular income and creditworthiness. She should also be able to payback her debts quickly and on time. If the interest rates offered by the company are lower for consolidated debt then she can choose this method to reduce her interest payments.
The debt management companies do not pay off her loans but they manage the funds through escrow account. On non payment it will result in diminishing personal credit score. Debt consolidation can be kept as the last resort when she is out of options to pay her debts.
In the United States, which assessment system measures inflation?
A. demand for goods
B. supply of goods
OC. consumer price index
D. money supply in the economy
Answer:
C. consumer price index
Explanation:
Inflation is the general increase in prices in a country in a period. In the US, inflation is measured using the consumer price index, CPI. The CPI is a measure of the weighted average price of selected goods and services that represent the general consumption in the economy. The weighted average price at a particular time is compared to the weighted average price at the beginning of the period.
The weighted average price for the basket is compared to the previous period to determine the rate at which prices are increasing. A high rate of price increment signifies a high rate of inflation. The Government sets a target rate of inflation for the economy. It employs fiscal and monetary policies to keep inflation within acceptable levels.
why does the money in a savings account grow?
A.earns interest plus it earns interest on the internet
B. a bank manager invest in the money in the stock market
C the federal government matches your deposit
D. you don't pay taxes on it
Explanation:
We must first understand what actually bank do with the amount invested in savings. The bank actually takes your money and provide those money as a loan to customers who need it. So, the "bank receives the loan interest from the borrower" and since the bank uses your money, it pays back you the interest obtained from the borrower.The money will not be invested in the "stock market" because there involved a market risk and savings accounts are not meant for that.Which of the following is a way to use information from market research? (Select all that apply.)
to refine marketing decisions
to spot marketing opportunities
to decide whether a product is safe to use
to monitor the performance of a product
Answer:
All of the options are very much true.
Explanation:
Marketing research can be used to identify and spot new trends. Marketing research can be used to refine the marketing decisions. It can give us very valuable inputs and insights, we can base our future directions on the base of them.
Marketing research can also be carried out to notice the effect of the product's performance and its usage related issues and problems as well. It is one of the very important tool which marketers have in order to generate more sales and profits.
Answer: I think it’s all of them
Explanation:
I just had this assignment and I’m missing one answer so I think it’s all of them sorry if I’m wrong
It has been said that there is no such thing as a sustainable strategic advantage. Do you agree? Why or why not?
Answer:
Yes, it is very much rightly said that there is no such thing as sustainable competitive advantage. The main logic and philosophy behind my reasoning is that in today's world, products, designs, working processes, organizational secrets can easily be imitated and copied. If any organization succeeds in attaining it, then after some years and time it can still be vulnerable to be copied. For example, before fb, there were many other social networking sites were there, but now they are nowhere. Same could be the case with fb, which might take years but still it is not something impossible to achieve by anyone. Nokia, once was the market leader in the phone industry but then it lost the entire game to Apple and Samsung.
Final answer:
The sustainability movement in business is seen as a long-term trend due to environmental concerns and consumer pressures. Sustainable business practices are becoming integral to achieving long-term strategic success, with sustainability translating into a competitive advantage. The push for conservation and responsible resource management is shaping the corporate landscape and is crucial for future profitability.
Explanation:
The sustainability movement in business is increasingly viewed as an enduring trend rather than a fleeting fad. There are several reasons for this position. Real concerns about the environmental impact of business operations and consumer pressure for more responsible practices are driving changes in corporate behavior. Additionally, the concept of sustainable advantage in business is premised on the ability of a company to maintain a competitive position over time through responsible and forward-looking strategies. The emerging consensus suggests that sustainability and long-term strategic planning are inherently linked.
In responding to the sentiment about whether sustainable strategic advantage exists, it is critical to note that the businesses which adapt to incorporate sustainable practices appear to be more resilient and better positioned for long-term success. The global market has shifted to reward those embracing sustainability, which includes managing finite resources prudently and engaging in ethical practices. This is becoming part of the core value proposition to consumers and investors who are increasingly mindful of environmental and social governance factors.
While the nuances of human behavior and economic systems present challenges when implementing sustainable practices universally, the trend towards sustainability is driven by a recognition of these challenges and the need to overcome them. The sustainability movement's goal to operate within the planet's renewable resources is not without its difficulties, but it is a necessary pursuit to ensure the well-being of the environment, society, and businesses themselves.
Regarding conservation practices, relevant information includes the effectiveness of resource management, impact assessments, and the success of policies aimed at reducing waste and emissions. Businesses must grapple with these issues not only from an ethical standpoint but also as a means to maintain relevance and profitability in an increasingly conscientious global marketplace.
PLEASE ANSWER ASAP WITH 100% CORRECT ANSWER
Advances in farm technology have led to what result for US agriculture?
A. Greatly increased productivity
B. No change in productivity
C. Farmers enjoying higher incomes than ever before
D. More people working in agriculture than ever before
Answer:
a.greaty increased productivity
Explanation:
Select the best answer for the question.
3. What's the voltage drop if V= 56 V, V2 = 35 V, and V, = 3 V
O A. 18 V
O B. 32 V
O C.21 V
O D. 94 V
Answer:
94 V
Explanation:
Here we don't have the figure showing the circuit and how the resistors are connected: therefore, we have to make some assumptions.
Here we will assume that the three resistors are connected in series: this means that they are connected along the same branch, and therefore, the current flowing through them is the same.
As a result, the total voltage drop across some resistors in series is given by the sum of the voltage drops on each resistor.
Therefore, for three resistors in series
[tex]V=V_1+V_2+V_3[/tex]
Where here we have:
[tex]V_1 = 56 V[/tex] is the voltage drop on the 1st resistor
[tex]V_2=35 V[/tex] is the voltage drop on the 2nd resistor
[tex]V_3=3 V[/tex] is the voltage drop on the 3rd resistor
Substituting into the equation, we find:
[tex]V=56+35+3=94 V[/tex]
In a command economy workers decide where they will work true or false
Answer:
False
Explanation:
In a command economy, governments direct the labor by deciding who gets what jobs and what pay workers will receive.
Command economy also known as centrally planned economy is an economic system in which the decision of production and distribution is made by the government. The government determines what to produce?, how much to produce?, when to produce?, how to produce? and so on. The government control the economic activities of the country.
There is no private ownership of land, capital or any other resources. There is little or no competition because the government makes every economic decision. Market price is set by the central government.
I find it exciting to be around people who are impulsive
The attraction to impulsive individuals suggests an appreciation for spontaneous experiences that interrupt routine, such as flash mobs or predictably unpredictable scenarios. However, spontaneity can lead to unexpected outcomes, which, especially when shared on social media, contribute to bonding through discussion and recollection of these experiences.
Explanation:The statement you provided suggests that you find excitement in interacting with people who are impulsive. This might imply you enjoy shared experiences that break from routine or mundane activities. For example, participating in a flash mob event that, despite being highly designed and rehearsed, appears spontaneous and interrupts the ordinary flow of life.
Moreover, this attraction could extend to liking spontaneous events in different contexts, such as those found in sexual encounters that while sounding impromptus, are predictable. It is important to note that, while spontaneity can be thrilling, it can also lead to unexpected outcomes like challenges not going according to plan. But these successes and failures, especially when shared on social media, can tie people together through discussions, recollections, and repeats.
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Sales of sweaters declined at the start of spring which factor influence the fashion lifecycle of the sweaters
Final answer:
Seasonal changes and fashion trends influence the fashion lifecycle of sweaters, as indicated by the decline in sales at the start of spring.
Explanation:
The factor that influences the fashion lifecycle of sweaters is seasonal changes and fashion trends. In this case, the decline in sales of sweaters at the start of spring indicates that consumers are transitioning to clothing items more suitable for warmer weather. As the weather gets warmer, people are less likely to purchase sweaters and more likely to buy lighter clothing such as t-shirts or dresses.
Seasonal changes and fashion trends play a significant role in determining consumer demand for different types of clothing. For example, during the winter months, people tend to buy more sweaters to keep warm, while during the summer, they opt for lighter and more breathable fabrics. Additionally, fashion trends can also influence consumer preferences, as certain styles or designs may become more popular and in demand.
Overall, the decline in sales of sweaters at the start of spring shows that seasonal changes and fashion trends are influencing the fashion lifecycle of sweaters.
You _______ inform an officer if you have a weapon in the vehicle.
Answer:
Of course , you must inform an officer if you have weapon in the vehicle.
Explanation:
At the point when a police official team checks a vehicle, they have no clue what they are going to experience. It might be a youthful driver crying since it is the first time when that they have been halted, or it might be somebody who just burglarized a bank and has decided that he isn't going to prison.
Each traffic stop can possibly be fatal and each official has got long periods of preparation helping them to remember exactly how genuine a sudden charge might be. Therefore, if you are carrying any weapon for your safety, you must take prior permission and get a licence for the same.
Answer: While there is no specific law you are encouraged to inform an officer of any weapons in the vehicle
Explanation: just took the test
Cindy operates Bird-R-Us, a small store manufacturing and selling 100 bird feeders per month. Cindy's monthly fixed costs are $500 and her monthly variable costs are $2,500. Suppose Cindy's monthly fixed costs rise to $1,000, then her:
a.Average Total Costs would increase
b.Marginal Costs would increase
c.Average Variable Costs would Increase
d.None of the above
Answer:
a.Average Total Costs would increase
Explanation:
Total costs are comprised of fixed costs plus variable costs. The average total cost is the aggregate of variable and fixed costs divided by the number of units produced. An increase in either variable costs, fixed costs, or both without a corresponding increase in the number of units produced would lead to an increase in total average costs.
In the case of Cindy, her fixed costs have increased. It means her total costs of doing business have gone up. Her average cost per unit will go up because her output is still 100. Before the rise in fixed cost, the total average cost per unit was $30 (3000/100). Her new total average cost per unit is $35( 3500/100)
Why should you purchase insurance?
A)To avoid committing a crime
B)To prevent financial burden in the case of an accident, theft, or another event
C)To get a warranty on a household item
D)To purchase monthly premiums
Answer:
B
Explanation:
because that's just what insurance does
Insurance is essential for minimizing financial risks to prevent financial burden in the case of an accident, theft, or another event. So, option B is correct.
You should purchase insurance to prevent financial burdens in the case of an accident, theft, or other events that might lead to significant financial losse => Answer B). Insurance is a way to distribute risk among a group of people so that no single individual has to bear the entire cost of an unforeseen event. Households or firms with insurance pay regular amounts called premiums to an insurance company, which gathers these premiums into a pool. If a member of this pool suffers a loss from a specified risk, the insurance provides payments to cover this loss. This protection helps to ensure financial stability and peace of mind. Insurance can cover various types of property, such as houses, cars, boats, as well as health and life. It is critical especially when the potential losses are significant, such as the destruction of a home due to fire or storm damage. Moreover, deductibles are a common feature of insurance policies, which ensure that policyholders are still motivated to take proper care of their insured property and avoid negligent behaviors that might increase risk.
Some of the most common challenges of working on a team are:
A Finding a shared vision and working with others.
3. Scheduling meetings and celebrations.
c Picking the right people to work with on the team
D. Reporting to the team leader and getting feedback.
Answer: C. Picking the right people to work with on the team
Explanation:
For the work to be carried out successfully it is important to have the right staff. When you choose the right people, it's much easier to be able to work as a team. Having the right person means that you are someone with goals that go along the same lines as the company, someone who follows the schedules at the time of the meetings and who is aware of the importance of feedback.
When companies hire someone, they make sure that they can be someone who is committed to performing their stated duties, someone with ideas and a good push for the team.
What percentage of job opening are published?
a. 10%-15%
b. 15% - 20%
c. 30% -35%
3596 -40%
Answer:B: 15-20%
Explanation:
Answer:
b-15%-20%
Explanation:
i had got it right on the quiz
Susan’s employer has a compensation package that includes vacation pay, retirement, and life insurance, but it allows employees to choose which compensation they prefer. This is known as a
Answer:
Cafeteria Plan
Explanation:
This compensation plan allow employee to choose benefit of their choices from the number benefit available
Scales use
to find the distance between two locations,
a Area and perimeter
The quadratic equation
b. Proportional measurement
d. Exact distance
Please select the best answer from the choices provided
Ο
Α
Answer:
The correct answer is : "b. Proportional measurement".
Explanation:
Proportional measurement refers to a measure that focuses on measuring the distance or height of an object. It also helps in making a comparison between different objects. Therefore, a scale focuses on using proportional measurement to find out the distance between locations.
Answer:
B plz give meh brainlest
Explanation:
List at least four ways someone can prepare to
leave an abusive relationship and explain why you
think each option is a safe one.
Explanation:
1. Identify a safe place or safe friend: Have a contact of a friend who can help you out to "get rid of that place". You can also have a code word to communicate that you are in danger.
2. Keep an alternate number for you: Buy a new number for you without knowing to the troublesome person to call and inform about the situation during danger.
3. Documents ready: Keep all the documents ready to safe guard yourself and your finance.
4. Memorize the contact numbers: Memorize the contact numbers family or friends who supports you.
Select which of the ways that entrepreneurs improve the economy is being described:
As a family's basic needs are met, jobs are given to the people who help provide these needs.
O self-confidence
O demand and and for products
O taxes
Onew business
O new technology
Answer:
Select which of the ways that entrepreneurs improve the economy is being described: As a family's basic needs are met, jobs are given to the people who help provide these needs.
new business
Explanation:
Entrepreneur improves the economy by starting a new business, they are employer of labor and improves the economy
The Primary and the most important way by which entrepreneurs improve the economy described in The statement "As a family's basic needs are met, jobs are given to the people who help provide these needs." is by new business. The correct answer is Option D.
The statement "As a family's basic needs are met, jobs are given to the people who help provide these needs." describes the way entrepreneurs improve the economy through new business. When entrepreneurs start new businesses to meet the needs and demands of consumers, they create job opportunities and stimulate economic growth.
After creating new businesses entrepreneurs improve the economy by the utilization of new technology to meet the demand and supply for products and services, leading to increased economic activity and potentially higher tax revenue. Additionally, successful entrepreneurial ventures can contribute to individuals' self-confidence and overall economic growth.
Therefore, The Primary and the most important way by which entrepreneurs improve the economy is by new business
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12. Under which circumstances might a business decide to produce its products in various locations rather than use a central distribution center?
if it has a lot of products
if the locations are far from each other
if fuel costs are low
if the competitors are using central distribution
if the locations are far from each other
Explanation:
A company may decide to take up such measures if
the sites where the products are sold are very far from each other and the expenditure of distribution hampers profit.if it is viable to put up small manufacturing and distribution centersif the different products of a firm require different sort of manufacturing which is viable in different places and not in a centralized unit.All of these stem from the logistic concern of the locations of operations being far enough from each other for these measures to come into play.
If you plan to take money out of the bank frequently, what type of account should you get?
A. A savings account
B. A checking account
C. An interest account
D. An investment account
Please select the best answer from the choices provided
Answer:
B
Explanation:
If a potential candidates references are positive, typically the next step to hire someone is:
What a example of a social news site
Explanation:
It encourages people community to post their newsThe news can be posted for a group or to a general public tooThe group or the general public can comment on the newsThe news which is interesting based on the reviews will be given the top priorityExample:
Reddit - A large site with huge number of user
Digg - This is also quite popular and it has different categories of news where the user can view news based on his/her interest.