when the company collects a customer's account balance within the discount period this transaction would affect as
(1) assets - Decrease
(2) stockholders' equity - Decrease
(3) revenues - Decrease
What is an asset?A resource for the business that will have economic value in the future and facilitate the smooth operation of business operations is referred to as an asset. These can be both current and fixed assets.
An organization may offer a particular item or service at a lower price as a sales discount. Accounts receivable is a component that tracks revenue reductions due to sales discounts. As a result, product sellers owe less money.
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Ways Business can have a direct influence one the environment
Answer:
Explanation:
Businesses can have a direct influence on the environment in a number of ways, including:
Energy consumption: Businesses require energy to operate, and the type and amount of energy they use can have a significant impact on the environment. By implementing energy-efficient practices and using renewable energy sources, businesses can reduce their environmental footprint and help address climate change.
Waste management: Many businesses produce waste, which can contribute to environmental pollution and harm ecosystems. By implementing effective waste management practices, such as reducing, reusing, and recycling materials, businesses can minimize their impact on the environment.
Water usage: Businesses may require significant amounts of water for their operations, and this can impact local water sources and ecosystems. By implementing water-efficient practices and minimizing water usage, businesses can help protect the environment.
Transportation: The transportation of goods and people can have a significant impact on the environment, particularly in terms of greenhouse gas emissions. Businesses can reduce their impact by promoting sustainable transportation options, such as public transportation, cycling, or carpooling.
Chemical usage: Many businesses use chemicals in their operations, which can have negative environmental impacts if not managed properly. By using environmentally-friendly products and practices, and properly disposing of hazardous chemicals, businesses can minimize their impact on the environment.
In addition to these direct impacts, businesses can also have indirect impacts on the environment through their supply chain, their products and services, and their interactions with local communities and ecosystems. By adopting sustainable business practices and prioritizing environmental responsibility, businesses can help protect the environment and contribute to a more sustainable future.
according to the environment-industry-organization fit model, cell 2 represents which of these environments?
A. Simple stable environment
B. Complex-stable environment
C. Simple unstable environment
D. Complex-unstable environment
E. None of theses
According to the environment-industry-organization fit model, cell 2 represents which of these environments Simple stable environment.
What is a simple stable environment?A simple stable environment is defined as a situation or setting that is relatively predictable, stable, and stable over time. There are few surprises or unexpected events in such an environment, and the rules and expectations are clear and consistent. This environment is frequently defined by routine and a lack of novelty or variety. Simple stable environments can be found in a variety of settings, including some types of jobs and small, close-knit communities. While such settings can provide a sense of security and familiarity, they can also limit opportunities for growth, learning, and innovation and can become monotonous over time.
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suppose the chocolate bar that you just finished did not increase your total utility. the marginal utility of that bar was
The last unit you ingested had zero marginal utility if the chocolate bar you just completed did not boost your overall utility.
Explain the concept of marginal utility.Utility in economics refers to the pleasure or advantage obtained from using a thing. The last unit you ingested had zero marginal utility if the chocolate bar you just completed did not boost your overall utility. The additional value or happiness a consumer receives from consuming one more piece of an item or service is known as marginal utility. The shift in overall utility brought on by the consumption of the most recent unit is known as the marginal utility of that unit. Consequently, the marginal benefit of the chocolate bar you just finished was zero if it did not boost your overall utility.
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the procedure in which an individual speaks for an extended period of time, in hopes of delaying or preventing a vote on a bill, is known as what?
The that that shall be used for such individual debate speakers is Filibuster.
This is the approach where an individual known as a filibuster speaks for a metaphorical period of time, hoping to delay or prevention of a vote on a bill. Basically procrastinating the vote by speaking for an extended period of time. A form of delaying tactic by a prolonged speech that blocks the progressing legislative assembly still not obstructing anything technically with the required procedures. It is a political procedure conducted by a few individuals to delay a certain event.
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the nominal interest rate on a risk-free investment is approximately equal to the sum of the real rate of interest plus an inflation premium.
Yes, This is correct. The nominal interest rate on a risk-free investment is equal to the real rate of return plus an inflation premium. This is because when inflation increases, the nominal interest rate must also increase in order to maintain the purchasing power of the investment.
This inflation premium is the amount that needs to be added to the real rate of interest in order to arrive at the nominal interest rate. The real rate of interest is the return on an investment after adjusting for inflation. This rate is determined by the supply and demand of funds in the market and is usually determined by the central bank.
It is a key indicator of the economy's health and is an important factor when determining the cost of borrwoing money. Inflation is the rate at which the general level of prices for goods and services is rising.
Inflation erodes the purchasing power of money, so to maintain the same purchasing power, the nominal interest rate must increase with inflation. This means that the nominal interest rate is equal to the real rate of interest plus the inflation premium
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What was the impact of the Suez Canal Crisis 2021?
The canal obstruction has a substantial detrimental effect on trade between Europe, Asia, and the Middle East as it is one of the busiest trading routes in the world.
The Suez Canal Authority hired the Dutch firm Royal Boskalis Westminster through its subsidiary Smit Salvage to oversee marine salvage operations as soon as the ship was grounded. Their team of professionals planned the timing and focus of activities while juggling a group of Egyptian, Dutch, and Japanese employees in close cooperation with the Canal Authority.
Suction dredgers were required to remove sand and silt from the ship's bow and stern, and tugs were required to exert force to move the ship by towing or pushing. The weight of the ship's fuel oil and water ballast was intended to be reduced or distributed using large-capacity pumps. I
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Required information Internal Analysis: Looking Inside the Firm of Honda Corp.The strategic actions managers take link firm resources and capabilities. For example, investments in R&D labs (managerial actions) are one mechanism that links the resource (engineers) with the firm capability (product innovation). This activity is important because when multiple resources and capabilities are aligned on a single goal, the firm may have a core competency. For instance, Canon's ability in optics originates not just in the capability of its design engineers, but also in its precision in manufacturing. When a firm's core competency is at the heart of the product itsells, that product can be considered a core product. In the case of Canon, optics are at the heart of such products as cameras, camcorders, scanners, and projectors. The goal of this activity is look closely at Honda, and differentiate the important relationships between its firm resources, managerial actions, firm capabilities, core competencies, and core products.Read the case below and complete the activities that follow.Since 1959 Honda has been the world's largest motorcycle manufacturer. It is also the world's largest manufacturer of internal combustion engines-the core of many of Honda's products including sport boats, marine engines, off-road power sport vehicles (eg. ATVs, snow mobiles), an extensive line of power equipment (0.g., lawn mowers, electric generators. snow blowers), and cars. Over time, Honda has maintained as its core ability a dedication to the engineering and ongoing Innovation of these small, reliable, and powerful internal combustion engines. While Honda invested much in developing and maintaining this competency. In 1960. Its management made an important decision that later became central to the creativity and productivity of its engineers and designers. The research and development division separated from Honda Motor Company to form the independent company Honda R&D. This management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural ang regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South Ameri Europe, Asia, and China.After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to sect) a. Managerial actions b. Resources separate companyc. Core products d. Core competencies e. Capabilities 2. Powerful and relable small engines (Click to select).a. Core products b. Capabilities able small engines c. Core competencies d. Managerial actionse. Resources3. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 4. Small engine innovation and engineering (Click to select) : 6. Strong R&D culture (Click to select).5. Sport boats, marine engines, ATVs, and power equipment Click to select) 5. R&D centers created worldwide (Click to select).6. Honda R&D is a separate company (Click to select) 7. Strong R&D culture (Click to select)
8. Scale manufacturing (Click to select)
1. Engineers (Click to select) - Resources, 2. Powerful and reliable small engines (Click to select) - Core Products and many more given below:
What is Resource?A resource is a source of supply, support, or aid, especially one that can be readily drawn upon when needed. Resources can be financial, such as money or materials, or they can be non-financial, such as time, energy, knowledge, or skills. Resources can also be tangible, such as land or equipment, or intangible, such as the rights granted by a patent. The most effective use of resources maximizes the benefit or output from a given input, or minimizes the cost of a given output.
3. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) - Capabilities
4. Small engine innovation and engineering (Click to select) - Core Competencies
5. Sport boats, marine engines, ATVs, and power equipment (Click to select) - Core Products
6. R&D centers created worldwide (Click to select) - Managerial Actions
7. Honda R&D is a separate company (Click to select) - Managerial Actions
8. Strong R&D culture (Click to select) - Core Competencies
9. Scale manufacturing (Click to select) - Capabilities
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The resource-based view classifies all resources as ______.
a. tangible or intangible
b. intangible resources
c. tangible resources
d. Tangible assets
The correct option: a. tangible or intangible. All resources are categorized as "tangible or intangible" according to the resource-based approach.
Explain about the tangible or intangible resources?Tangible assets:
An asset that now has physical substance is said to be tangible. A house, rolling stock, piece of manufacturing machinery, office furniture, and inventory are some examples. Stock and fixed assets are the two categories of tangible assets.Intangible asset:
A non-financial, non-physical asset is an intangible asset. It cannot be felt or touched.Money is an entity's right to receive money or any financial asset from a third party, such as a customer. Financial assets include money like cash, accounts receivable, and investments.The way in which intangible and tangible assets are valued is one of their most significant variances. This is so because the lifespan of tangible assets is often limited. A piece of equipment that degrades over time called rolling stock.Thus, All resources are categorized as "tangible or intangible" according to the resource-based approach.
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why is the united states a country that 'grows' successful entrepreneurs?
The combination of a supportive culture, access to capital, supportive policies, strong education system, and diverse economy has created an environment in the United States that is conducive to entrepreneurship and the growth of successful entrepreneurs.
There are several reasons why the United States is a country that grows successful entrepreneurs:
Entrepreneurial Culture: The United States has a culture that values entrepreneurship and innovation, and encourages individuals to take risks and pursue their ideas. This culture is reflected in the country's history, where many successful entrepreneurs, such as Henry Ford and Steve Jobs, have become cultural icons.
Access to Capital: The United States has a robust financial system that provides entrepreneurs with access to capital, whether through traditional sources like banks or through venture capital and angel investors.
Supportive Policies: The United States has policies that support entrepreneurship, such as tax incentives, regulatory frameworks that are conducive to business growth, and programs that provide funding and other resources to entrepreneurs.
Strong Education System: The United States has a strong education system that provides entrepreneurs with the skills and knowledge they need to succeed. Universities and colleges across the country offer entrepreneurship programs and courses that teach students how to start and grow businesses.
Diverse Economy: The United States has a diverse economy that provides entrepreneurs with a wide range of opportunities to start and grow businesses in different industries.
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the form of business ownership best suited to raising large amounts of money for expansion is the:_________
By this structure, business owners are given both restricted liability (a major benefit of corporations) and no "double taxation" (a major benefit of sole proprietorships).
What does restricted person mean?
This arrangement gives business owners limited responsibility (a major benefit of corporations) and avoids "double taxation" (a major benefit of sole proprietorships).
(2) A person is considered a "restricted person" if they meet any of the following criteria: (A) they are currently under arrest for a crime that carries a sentence of more than a year in prison; (B) they have previously been found guilty of the same crime; (C) they are fleeing from justice; or (D) they are using any prohibited substance.
When a facility is in restricted use, it indicates that future uses of the facility are restricted or controlled and that the licensee, registrant, or owner of the record of possession no longer has control over the facility.
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In the résumé above, what would cause appearance of the "00000000000"?
The formatting was changed when the resumes were converted to textbook after being scrutinized. The italicizing changed to" 000000000000" beneath" ideal" in this case.
Formatting is the process of making your essay look good or presentable. Formatting also goes by the name of layout. The four textbook rudiments that the maturity of essays use are headlines, ordinary paragraphs, citations, and bibliographic references. There's no difference between endnotes and notes. exemplifications of formatting include the use of double or single distance, the placement of runner figures, and the presence or absence of a cover runner. Rules should be different for colorful formatting conventions. By categorising the content into corridor and assigning headlines, italicizing crucial words or generalities, and using bold to emphasise them .
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why do airline suppliers, such as boeing and airbus, have so much power?
There are only two main suppliers present in an airline industry, Airbus and Boeing that has the power to control the fuel prices.
What is a price?In business and economics, price refers to the amount of money that a buyer pays to acquire a good or service. It is the exchange value of a product, and it represents the value that the buyer and seller place on the item being sold.
Price is determined by various factors, such as supply and demand, production costs, competition, and market trends. A high demand for a product, for example, can drive up its price, while increased competition can lead to lower prices.
Because the Airbus and Boeing are the two significant supplier in an airline industry and that gives them the power to control the fuel prices.
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your aunt ruth has $610,000 invested at 6.5%, and she plans to retire. she wants to withdraw $40,000 at the beginning of each year, starting immediately. how many years will it take to exhaust her funds, i.e., run the account down to zero?
46 years 36 years 43 years 33 years
Your aunt Ruth has a nest egg of $610,000 invested at 6.5%, which is earning interest annually.
We can solve this problem using the future value of an annuity formula. The future value of an annuity is the amount of money that will accumulate in an account if a fixed amount is deposited at the end of each period, with interest compounded at a specified rate. Using this formula, we can calculate the number of years it will take for Aunt Ruth's account to be depleted: FV = PMT * ((1 + r)^n - 1) / r Where: FV = Future value of the annuity (the amount Aunt Ruth will have at the end) PMT = Payment (the amount Aunt Ruth will withdraw each year) r = Interest rate per period (6.5% per year, compounded annually) n = Number of periods (the number of years Aunt Ruth will withdraw money) We want to find the value of n that will make the future value of the annuity equal to the initial investment of $610,000. We know that Aunt Ruth will withdraw $40,000 at the beginning of each year, so PMT = $40,000. Plugging in the other values, we get: 610,000 = 40,000 * ((1 + 0.065)^n - 1) / 0.065 Simplifying: 15.25 = (1.065^n - 1) / 0.065 1.065^n - 1 = 0.065 * 15.25 1.065^n = 1.98825 Taking the logarithm of both sides: n * log(1.065) = log(1.98825) n = log(1.98825) / log(1.065) n ≈ 33.07 Therefore, it will take about 33 years for Aunt Ruth's account to be depleted. So the answer is 33 years.
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suppose the price of cereal rose by 25% and the quantity of milk sold decreased by 50%. then we know that the:
Let's say milk sales fell by 50% while cereal prices increased by 25%. We are aware that milk and cereal have a cross-price elasticity of -2.
Cross price elasticity: What is it?In economics, the relationship between the percentage change in the quantity of one item that is sought and the percentage change in the price of another good, ceteris paribus, is quantified by the cross elasticity of demand, also known as the cross-price elasticity of demand.
The degree to which a product's demand responds to changes in another product's price is measured by its cross-price elasticity. There are frequently linkages between certain products on the market. This may imply that a product's price adjustment may have a positive or negative effect on consumer demand.
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___________ quality refers to what service was delivered, while __________ quality refers to how the service was delivered.
A. Output B. Interaction C. Experiential D. Technical outcome E. Interactive
The correct option is A and E, Output and Interactive. Output quality refers to what service was provided, while interactive quality refers to how the service was delivered.
Output quality is the result of service delivery and is often measured in terms of the quality of outputs or outcomes. This can be measured by the number of customers served, the number of products produced or the amount of money saved. Interactive quality is related to the customer experience and is often measured in terms of customer satisfaction, engagement and loyalty. This can be measured through customer surveys, focus groups or feedback from customer service representatives. All four types of quality are important to service delivery.
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Credit cards that offer flashy rewards like airline miles often . . .
a. Charge a high annual fee
b. Don't include protection against fraud
c. Can't be used for personal expenses
d. Have no interest fees
Option (a), Airline miles and other glitzy rewards are sometimes offered on credit cards with exorbitant annual fees.
What are the benefits of airline mile credit cards?You can earn miles each time you use an airline credit card to make a purchase. There are numerous complimentary incentives included with an airline credit card. Airline credit cards are designed for frequent travelers and give discounts on lodging, meals, and access to airport lounges.
What incentive schemes do credit cards offer?With reward credit cards, every dollar you spend is frequently rewarded with cash back, points, or travel miles. The best use of rewards cards is for customers who pay their balance in full each month. Otherwise, it's quite possible that the interest charges will outweigh your benefits.
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_____ are benefits provided by products or services that add additional value to the primary product or service that makes up a network.
Complementary Advantages. Products or services with complementary benefits enhance the network's value. These goods could be labour, software add-ons, or "how-to" manuals.
More Second Life stores, books on auctioning, and accountants who are proficient in Excel may be found there than on any of their competitors. Why? Wherever they have the best chance of reaching the largest audience and reaping the highest rewards, book authors, Second Life partners, and accountants focus their efforts. Excel, eBay, and Second Life all outperform the competition in the auction, virtual world, and spreadsheet software industries. Often referred to as platforms, these are commodities and services that encourage other parties to provide supplementary offerings. It can be a wise move to let other companies contribute to your platform.
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what was the populist party apush
Populists were agricultural-based political movements aimed at improving conditions for the country's farmers and farm workers. Before the populist movement, we had the Farmers Alliance and The Grange.
Beginning in the late 19th century, the country's peasants began organizing to defend their interests against what they saw as the interests of the eastern ruling class and banking elite.
Discontent among the country's farm workers grew as the number of landless peasants increased and self-employed farmers' debts soared due to tighter credit conditions and bank interest rates.
In 1876, the Farmers' League was formed in Texas to end the agricultural lien system that had impoverished so many farmers. In the cotton-rich South, a crop lien system operated among landless sharecroppers and sharecroppers, both white and black.
These workers took out loans to buy the seeds, tools, and other supplies needed to grow cotton. After harvesting, they had to repay the loan in the form of cotton. When cotton prices fell, these workers were sometimes left with nothing after their crops were recovered by creditors.
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how much revenue did u.s. businesses earn from this holiday in recent years?
In 2019, U.S. businesses earned an estimated $730 billion in holiday retail sales, according to an analysis by the National Retail Federation. This marked an increase of 4 percent over the previous year.
U.S. businesses have seen a dramatic rise in the cost of health insurance over the past decade. This is due in part to the increasing cost of health care, as well as other factors such as changes in insurance regulations and the rising cost of prescription drugs.
Additionally, the consolidation of health insurers has resulted in less competition, which has caused premiums to rise as well. Employers are having to pass on much of the cost of health insurance to their employees in the form of higher premiums and out-of-pocket expenses.
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FILL IN THE BLANK. ______ search is when the buyer looks for information beyond personal knowledge to help make the buying decision, such as checking the internet, asking a friend, or visiting a showroom.
External search is when the buyer looks for information beyond personal knowledge to help make the buying decision, such as checking the internet, asking a friend, or visiting a showroom.
External search refers to the process of gathering information from sources beyond personal knowledge to make informed buying decisions. It is a critical component of the consumer decision-making process, particularly for complex or high-risk purchases.
External search can involve a variety of information sources, including online reviews, expert opinions, recommendations from friends or family members, and visits to retail stores or showrooms. Consumers may also consult professional organizations or government agencies to gather information about a particular product or service.
The extent of external search can vary depending on factors such as the complexity of the product, the level of risk associated with the purchase, and the consumer's level of involvement or interest in the buying decision.
Overall, external search plays a crucial role in the consumer decision-making process by providing consumers with the information they need to make informed choices and ensure that their purchases meet their needs and expectations.
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Declaration While Pointing At A Group Of Workers On Strike?
A strike is a worker stoppage by employees as a form of protest against their employer, typically over issues related to wages, benefits, working conditions, or other labor-related matters.
Workers on strike usually picket outside the workplace or employer's facility, carrying signs or placards with messages expressing their grievances or demands. Strikes can be organized by labor unions or by unaffiliated workers, and they can be legal or illegal depending on the laws and regulations governing labor relations in a particular jurisdiction. Strikes can have significant economic and social impacts, affecting not only the workers and employers involved but also their families, communities, and customers.
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What is the first step in the marketing research process?
a. collecting the data
b. designing the research
c. defining the objectives and research needs
d. analyzing the data
e. developing and implementing an action plan
The correct option is C, the first step in the marketing research process analyzing the data.
Marketing is a process that involves understanding the needs and wants of a particular market segment and developing strategies to meet those needs through the use of the marketing mix. This mix consists of four P's: product, price, promotion, and place.
The product refers to the goods or services that the company offers, the price refers to how much the company charges for its product, promotion refers to the various communication channels that are used to promote the product, and place refers to the various channels of distribution through which the product is made available to the customer. Effective marketing is essential for the success of any business, as it helps to build brand awareness, establish customer loyalty, and increase sales.
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which type of control focuses on how effectively the organization’s corporate, business, and functional plans are succeeding in helping the organization meet its goals?
The type of control that focuses on how effectively the organization's corporate, business, and functional plans are succeeding in helping the organization meet its goals is strategic control.
Strategic control is a type of control that evaluates the extent to which an organization's strategies are effective in achieving its goals. It involves monitoring the progress of the organization in implementing its strategies and making adjustments as necessary to ensure that the organization stays on track to achieve its goals.
Strategic control involves reviewing and analyzing key performance indicators (KPIs) that are tied to the organization's strategic objectives. These KPIs may include financial measures such as revenue growth, profitability, and return on investment, as well as non-financial measures such as customer satisfaction, employee engagement, and market share.
By monitoring KPIs and making adjustments as necessary, strategic control helps ensure that the organization's corporate, business, and functional plans are aligned with its goals and that the organization is making progress towards achieving those goals.
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What are Starbucks share benefits?
The major benefits of Starbucks share are Dividends, Stock Price appreciation, Voting Rights, Discounted stock purchase plans.
Starbucks Corporation is a publicly-traded company, which means that its shares are available for purchase by individual investors.
Dividends: Starbucks may distribute a portion of its profits to shareholders in the form of dividends, which are typically paid on a quarterly basis.
Stock Price appreciation: If the value of Starbucks' stock increases, shareholders can profit from selling their shares at a higher price than they paid for them.
Voting Rights: Shareholders may be able to vote on important company decisions, such as the election of board members or major corporate actions.
Discounted stock purchase plans: Starbucks may offer its employees the opportunity to purchase shares at a discounted price as part of an employee stock purchase plan.
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A journal with two amount columns in which all kinds of entries can be recorded.answer choicesA. general journalB. credit memorandumC. dividendsD. retained earnings
Option a: General journal is a journal with two amount columns in which all kinds of entries can be recorded.
This is the ledger of original entries from which all transactions are first recorded and then transferred to their respective ledger. Each reservation is recorded in a general journal with date, brief description, debit and credit accounts, and respective amounts.
The purpose of the general journal is to record all business transactions in chronological order. This record helps us maintain accurate financial records and provides a complete audit trail of all financial transactions.
A credit note, on the other hand, is a document used to notify a customer that a certain amount has been credited to their account, usually through a refund or credit adjustment. Not a diary.
Both dividends and retained earnings are financial terms that refer to a company's profit distribution. Dividends are the portion of profits paid out to shareholders and retained earnings are the portion of profits that the company keeps to reinvest in its business. These have nothing to do with his concept of a journal with two columns of amounts.
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what strategy should a company use for a medium attractive sbu
In order to increase earnings, a 3. harvest approach comprises cutting spending on a well-established product.
Because profits are invested in more modern products or technologies, harvesting strategies are often used on obsolete goods.
A harvest strategy is a marketing and commercial plan that comprises reducing or terminating investments in a product, product line, or line of business in order for the parties involved to reap—or harvest—the highest possible profits.
When it is determined that additional investment would not boost product income in the future, a harvest plan is frequently utilized near the end of a product's life cycle. Harvest strategies refer to the methods utilized by venture capitalists to exit profitable ventures.
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Correct question:
What strategy should a company use for a medium attractive SBUs?
1. Cautiously harvest
2. Divest
3. Harvest
4. Invest
5. Aggressively divest
The present value of a(n) of C dollars per period for t periods when the rate of return or interest rate, r, is given by ______.
The present value of a(n) of C dollars per period for t periods when the rate of return or interest rate, r, is given by: annuity.
In economics and finance, present value (PV), also known as present value, is the value of an expected income stream determined at the date of valuation. Present value is usually lower than future value.
Because money can earn interest except in times of zero or negative interest rates, when the present value is greater than or equal to the future value. This is known/called as the time value of money.
The value of your time can be explained with these simple sentences:
"A dollar today is worth more than a dollar tomorrow." "Worth more" here means that its value is greater than it will be tomorrow.
Interest can be compared to rent. Much like a renter pays rent to a landlord without transferring ownership of an asset, a borrower pays interest to a lender given access to the money for a period of time before repayment.
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Complete question:
The present value of a(n) of C dollars per period for t periods when the rate of return or interest rate, r, is given by:
C × (1 − [1/(1 + r)t]r/)
A process owner is trying to improve her process using tools we have discussed in class. Her goal is to first collect data, then use the data to prioritize the issues to know which problem to attack first. and then identify the potential root cause of the top-priority problem. In what order would it make sense for her to apply the problem-solving tools? a. Checksheet, Cause and Effect Diagram, Pareto Diagram b. Pareto Diagram, Cause and Effect Diagram, Checksheet c. Cause and Effect Diagram, Checksheet, Pareto Diagram d. Checksheet Pareto Diagram, Cause and Effect Diagram e. Pareto Diagram, Checksheet, Cause and Effect Diagram
The Checksheet, Cause and Effect Diagram, and Pareto Diagram together are the best tools for problem-solving. Checksheet is a list with a collection of data to make sure everything needed is included or has been taken care of.
Breaking it down, the cause-and-effect diagram is basically a pictorial representation of an observation probably after a brainstorming session, everything cause and effect for a particular issue. What are the factors that caused certain things, and elements that led to the problem in question, It is a diagram that can be used to prepare and fix a certain problem as we list down everything that went wrong and can go wrong, the right steps to success. Pareto Diagram is the best for displaying the comparative extent of problems. Applying the 80/20 rule is the basis of this.
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What's the meaning of Just-in-Time (JIT) ?
Answer:
Just-in-time, or JIT, is an inventory management method in which goods are received from suppliers only as they are needed. The main objective of this method is to reduce inventory holding costs and increase inventory turnover.
Answer:
Explanation:
Just-in-Time (JIT) is a manufacturing strategy that involves producing and delivering products just when they are needed, thereby reducing inventory costs and improving efficiency. JIT is based on the idea of "pull" manufacturing, where products are only made when there is demand for them, rather than "push" manufacturing, where products are made in anticipation of demand.JIT involves coordinating the production process with the needs of the customer or the next stage of production. In a JIT system, materials and components are delivered to the production line just in time for assembly, minimizing the need for inventory storage. Finished products are then shipped to customers as soon as they are produced, reducing the time between production and delivery.The benefits of JIT include lower inventory costs, reduced waste and defects, faster production cycles, and greater responsiveness to changes in demand. However, JIT also requires a high level of coordination and communication between suppliers, manufacturers, and customers, and is less effective in environments with high variability or unpredictable demand.
beginning work in process are 25,000 units and units started this period are 75,000 units. the total units to account for using the fifo method are .
Answer:
10,000
Explanation:
adding the 25,000 beginning wip to new current period 75,000 units. this is because you are continuing to maintain the prior units just adding new ones from this period.
25000+75000= 100000