The Merchandise inventory accounting systems can be broadly categorized into;
perpetual inventory accounting periodic inventory accounting.What is Merchandise inventory?Merchandise inventory can be regarded as an account on a balance sheet which gives the total amount paid for products that are yet to be sold.
The system comprises of perpetual inventory accounting and periodic inventory accounting which are used to when dealing with the inventory system.
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In terms of increasing motivation, which variable-pay plans are better for newco than others?.
Answer:
piece-rate pay plan
-A bonus plan.
-A profit-sharing plan.
-A merit-based pay plan.
-An employee stock ownership plan
Thanks in advance for your help.
Revocation of an offer is valid once it is __________________.
A. placed in the mail received by offeree (the person receiving the offer)
B. received by offeror (the person making the offer)
C. created
Revocation of an offer is valid once it is B. received by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.
What is the revocation of an offer?The revocation of an offer is the nullification or canceling of an offer by the offeree. It becomes effective when the offeree communicates to the offeror before acceptance.
Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.
Thus, revocation of an offer is valid once it is B. received by the offeror.
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Revocation of offer is valid once it is received by the offer or that is the person making the offer.
What is Revocation of an offer?Revocation of offer refers to the process of withdrawing former offer use for any form legally binding contract engagement. The former offer would have become legally binding if the other party had formally agreed to the offer.
Once, Revocation of offer has been communicated, it is no longer conferred valid and legal again.It cannot be accepted.
Therefore, Revocation of offer is valid once it is received by the offer or that is the person making the offer
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The owner of a manufacturing company is considering whether or not to invest in a new sanding machine that costs $1,000. Net expected revenue after installation of the machine is $1,100. What is the expected rate of return
The expected rate of return will be 10% since the sanding machine costs $1,000 and net expected revenue after installation of the machine is $1,100.
What is an expected rate of return?An expected rate of return refers to a return on investment (ROI) that an investor anticipates receiving from the borrower.
Given data
Cost = $1,000
Net expected revenue = $1,100.
In conclusion, the expected rate of return will be 10% since the sanding machine costs $1,000 and net expected revenue after installation of the machine is $1,100.
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mention four financial options that you may consider to assist yoy to start your own business
Answer:
x²+5x+5(x+5)x²+5x+5x+25x²+5x+5x+25x²+10x25
Which communication objective related to the hierarchy of effects requires explaining the benefit of a new product relative to other similar products offered by​ competitors?
The communication objective related to the hierarchy of effects is knowledge.
What is knowledge?Knowledge simply means having understanding about something by knowing it.
Having good understanding of a new product is important as this help us to everything about the products, including the important of the product and the benefit consumer of such product tend to derived from using this product compare to other product that are similar to the new product in the market.
Inconclusion the communication objective related to the hierarchy of effects is knowledge.
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True or False. An advantage of using Gantt charts is that they provide a standard format for displaying planned project schedule information.
Answer:
false
Explanation:
they do not provide a standard format for displaying planned project schedule information.
if a customer with a food allergy accidentally receives a dish with the allergen in it what should the food handler do
The food handler must call the emergency medical service so that the patient can be seen as soon as possible and avoid a serious medical risk.
What is an allergy?It is a term that refers to a set of alterations in the body that can affect the systems
RespiratoryNervousImmunologicalAllergies generally occur when the body has an extreme sensitivity to a substance to which it has been exposed, and that under normal conditions do not cause these alterations.
According to the above, the best way to treat an allergy is to call the emergency medical system because the patient's allergic reaction can be severe and cause choking or other serious symptoms that can cause death.
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________ requires a manager to visit an earlier step in the strategic-management process in order to revise actions if necessary.
Feedback loop requires a manager to visit an earlier step in the strategic-management process in order to revise actions if necessary
What is feedback loop?A feedback loop involves using prior information about an activity or plan to project future happening.
This will require revisiting of plans to ensure operational success.
Therefore, Feedback loop requires a manager to visit an earlier step in the strategic-management process in order to revise actions if necessary
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If automakers attempted to change the way justin feels about the price of hybrid vehicles in comparison to the other vehicles he is considering, this would be an example of.
The price of hybrid vehicles in comparison to the other vehicles would be an example of product repositioning.
What is product repositioning?Product repositioning is when a company changes their status in the marketplace. Repositioning happens to fulfill consumer wants and needs at a particular time.
Like changes to the marketing mix including product, price, location, and promotion, repositioning refers to changing the position of product in minds of target market.
Hence, the price of hybrid vehicles in comparison to the other vehicles would be an example of product repositioning.
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Float is defined as the:Multiple Choiceamount of cash a company can immediately withdraw from its bank account.difference between book cash and bank cash.change in the cash balance from one accounting period to the next.
When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of
__________is the name for the doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because the product's defective condition made it unreasonably dangerous, even though the manufacturer has not been negligent in permitting that defect to occur.
Answer:
Product liability
What is the difference between the pre-reservation and installment
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different
The eu has benefited firms in its member nations because.
Answer:
firms do not need to market their products and services on a nation-by-nation basis. The EU has benefited its member nations because firms do not need to market their products and services on a nation-by-nation basis.
Relationship B has a greater rate than Relationship A. This graph represents Relationship A.
What table could represent Relationship B?
Time (weeks) 3 4 6 9
Plant growth (in.) 1.5 2 3 4.5
Time (weeks) 2 5 6 9
Plant growth (in.) 1.2 3 3.6 5.4
Time (weeks) 2 5 6 9
Plant growth (in.) 1.4 3.5 4.2 6.3
Time (weeks) 2 5 6 9
Plant growth (in.) 1.6 4 4.8 7.2
Answer:hola nose
nose
Explanation:creo que es la
B
Ray buys a new tractor for $118,000. He receives consumer surplus of $13,000 on his purchase. Ray's willingness to pay is a. $118,000. b. $13,000. c. $131,000. d. $105,000.
According to the given data, Ray's willingness to pay is $131,000. The correct option is (C). Willingness to pay also abbreviated as WTP.
What do you mean by the willingness to pay?The highest amount a consumer is willing to pay for a good or service is known as willingness to pay, or WTP. Usually, it's expressed as a monetary amount or, occasionally, a price range.
After outlining your proposed product or service, ask respondents how much they would be willing to pay for it. Leave the question open-ended so they can enter in any response they like.
Here,
Purchase price of tractor = $118,000
Consumer surplus = $13,000
Calculate the willingness to pay -
Willingness to pay = Purchase price of tractor + Consumer surplus
Willingness to pay = $118,000 + $13,000 = $131,000
Therefore, according to the given data, Ray's willingness to pay is $131,000.
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Kenny is a college student working a part-time job as a mechanic at a local body shop Kenny earns an average of $25 per hour, working 20 hours per week . Kenny pays his health insurance of $2,200 per year and taxes of $1,000 per year What is his net annual pay? And net monthly pay rounded to the nearest dollar?
Kenny's net annual pay is $22,800.
Kenny's net monthly pay is $1900.
What is Kenny's net annual pay?Kenny's net annual pay is her gross pay less any deductions such as insurance and taxes.
Kenny's net annual pay = gross pay - health insurance - taxes
Gross pay = $25 x 20 x 52 = $26,000
Kenny's net annual pay = $26,000 - $2200 - $1000 = $22,800
Kenny's net monthly pay = $22,800 / 12 = $1,900
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The automatic storage water heater was invented by ____, an employee of George Westinghouse, founder of the Westinghouse Corp.
The person who worked for George Westinghouse and invested the automatic storage water heater was Edwin Rudd.
Who was Edwin Rudd?Edwin Rudd was an employee of George Westinghouse when he worked at the Fuel Gas and Manufacturing company.
It was here that he invented the automatic storage water heater in 1889 and then spent as much as 8 years to improve on it.
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What are steps in the problem-solution organizational method of organizing persuasive speeches on questions of policy
The steps of the organizational problem-solving method aimed at promoting persuasion on policy issues are:
Explanation of the importance of the problemSuggestion of a practical planDemonstration of a needWhat is the relevance of communication?In a organization, it is essential for information to flow effectively through all organizational systems in order to achieve objectives and goals.
It is essential for the leader to be honest and objective when communicating changes to the stakeholders, explaining the importance, motivations and how the change will be implemented.
Therefore, using the steps for persuasive speeches, the chances of adherence and reduction of resistance are greater, strengthening the organizational culture.
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An arena makes profits of $150,000, $75,000, and $1,250,000 from concerts, circuses, and UFC events, respectively. What are the respective percentages of the total profit? (Round to the nearest percent.)
Answer:
10%, 5%, 85%
Explanation:
[tex]\frac{(1250+75+150)}{100}=14\frac{3}{4}[/tex] This is the amount, in thousands, required to get 1%.
[tex]\frac{1250}{14.75}=84\frac{3}{4}[/tex], therefore this is 85% (approximated)
[tex]\frac{75}{14.75}=5\frac{1}{12}[/tex], therefore this is 5%, and we'll call this number A
[tex]a*2=10\frac{1}{6}[/tex], and this is 10%!
When advertisers buy an entire broadcast year's worth of national TV advertising time in order to lock in pricing and get the best time slots, they are taking advantage of ________.
Taking advantage of upfront TV ad prices corresponds to a strategy that advertisers use to buy the right to broadcast advertising on a TV channel to guarantee better prices and the best times for advertising to run.
What are the advantages of advertising on TV?The benefits are related to the fact that a national TV channel is a means of mass communication where it is able to reach a large audience.
Therefore, advertising on TV corresponds to a marketing strategy that generates value, attracts new consumers and increases the positioning and competitiveness of a brand.
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Ron wants to start a digital marketing firm. He presents his business plan to Reshmie, who agrees to provide some funds for the new business in exchange for ownership interest or stock. Reshmie is called a(n) ______________
Reshmie is called a shareholder of Ron Digital Marketing firm.
Who is a Shareholder?A shareholder is an individual person, firm, or institution who holds at least one share of a company's equity.
Because shareholders effectively own the firm, they profit from its success. These benefits take the shape of improved stock values or financial earnings given as dividends.
When a firm loses money, the share price lowers automatically, causing shareholders to lose money or incur losses in their holdings.
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We are hired as consultants to assist Arctica Co. In accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile it sells. The following Tableau Dashboard is provided to assist us
The table shows that Arctica has understated the warranty liabilities.
What are warranty liabilities?It should be noted that warranty expenses are the cost that a business expects to incur from the replacement of goods.
From the complete question, table shows that Arctica has understated the warranty liabilities. This was illustrated in the table.
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At a listing appointment, the seller asks the broker not to disclose the prior termite treatment and repairs since they are now corrected. The broker should
The broker should insist that the seller disclose these facts to any potential purchaser since there were prior termite treatment and repairs but whuch have been now corrected.
What is the principle behind the disclosure?The principle of Caveat emperor ensured that there is absolute disclosure between a buyer and seller.
In conclusion, the broker should insist that the seller disclose these facts to any potential purchaser.
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The inflation rate is the
A. percentage change in the price level from one period to another.
B. absolute change in real GDP from one period to another
C. absolute change in the price level from one period to another.
D. percentage change in real GDP from one period to another
Answer:
it would be C the absolute change in the price level from one period to another.
The absolute change in the price level from one time period to the next is the inflation rate. Hence, Option C is correct.
What is the meaning of the term “price level”?A hypothetical measure of total prices for a certain collection of products and services in an economy or monetary union over a specific period, normalised in relation to a base set, is known as the general price level. A daily price index, often the Daily CPI, is used to estimate the general price level.
The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level, in a broader sense, refers to the cost or price of a good, service, or security in the market.
A price index is used by economists to gauge the price environment. A price index is a figure whose movement corresponds to changes in the median price level.
Therefore, Option C is correct.
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When the original advisors fell away, many of them were replaced by a circle of consultants called the
A
Explanation: just found the answer, just trust me the answer is on, md7qz2. look for yourself and then have a good day
True or false? when accepting a credit card for payment, the medical assistant should verify the name and the expiration date on the credit card.
Examples of common ____ used by organizations include failure rates of products produced, availability of goods and services, and customer satisfaction ratings.
Answer:
Metrics
Explanation:
What causes the cost of a good to increase? low demand and low supply high demand and high supply low demand and high supply high demand and low supply.
Answer:
The answer is D. High demand low supply
I got it right on egde
Explanation:
Answer: D
Explanation: I got it right
On January 1, Year 1, White Co. Sold a property with a remaining useful life of 20 years to Blue Co. For $900,000. At the same time, White entered into a contract with Blue for the right to use the property (leaseback) for a period of 6 years, with annual rental payments of $80,000 that approximate the market rental payments for similar properties. On January 1, Year 1, the carrying amount of the property was $680,000, and its fair value was $770,000. A discount rate for the lease of 10% is used by both White and Blue. The present value factor for an ordinary annuity at 10% for 6 periods is 4. 3553. The lease does not transfer the property to White at the end of the lease term and does not include a purchase option. What amount of lease expense for the right of use of the property is recognized by White in Year 1
The amount of lease expense for the right-of-use property is $34,842.09.
What is the right-of-use asset?The right-of-use asset is the lessee's right to use an asset over the lease term.
The amount of the right-of-use asset is determined by calculating the present value of the periodic lease payments, using an online finance calculator as follows.
Data Analysis and Calculations:Cash $900,000
Asset $680,000
Gain from sale $220,000
Right of use asset $348,420.86
Lease Liability $348,420.86
N (# of periods) = 6 years
I/Y (Interest per year) = 10%
PMT (Periodic Payment) = $80,000
FV (Future Value) = $0
Results:
PV = $348,420.86
Lease expense for the first year = $34,842.09 ($348,420.86/10)
Sum of all periodic payments = $480,000 ($80,000 x 6)
Total Interest = $131,579.14
Thus, the amount of lease expense for the right-of-use property is $34,842.09.
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