All of the following were the objectives of the glass-steagall act except, limiting bank mergers when the merger might adversely affect competition. Therefore, the first option is the correct answer.
The Glass Steagall Act of 1933, a landmark piece of American legislation, distinguished between commercial and investment banking. As a result, banks were for the first time obligated to safeguard a percentage of their customers' funds, a requirement known as FDIC insurance today.
The Glass-Steagall Act attempted to control the financial industry and set rules on it. President Franklin D. Roosevelt signed it on June 13, 1933, and it was the first step in establishing trust in the nation's banking sector.
Glass-Steagall had two goals: first, it separated commercial banks from investment banks, and second, it established the FDIC. Consumer bank deposits were insured by the Federal Deposit Insurance Corporation (FDIC).
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Bill and his wife, Vickie, want to start a company that develops training sessions for corporate clients. They would like to share the decisions, have few start-up costs, and protect their personal assets. Which of these would suit their needs best?Limited liability corporation
They would like to share the decisions, have few start-up costs, and protect their personal assets. Limited liability corporation would suit their needs best.
A limited liability organization (LLC) is a commercial enterprise entity that stops individuals from being chargeable for the employer's financial losses and debt liabilities. inside the occasion of felony action or commercial enterprise failure, legal responsibility is assumed by using the business enterprise instead of its constituent partners or shareholders.
Due to the fact an LLC is a separate entity, the owners of the company have constrained legal responsibility. that is one of the most vital blessings to operating as a restricted legal responsibility company. restrained legal responsibility means that the character property of LLC members can't be used to satisfy the LLC's debts and obligations.
Many organizations are based as LLCs. for instance, Anheuser-Busch and Westinghouse are organized as limited legal responsibility agencies.
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in 2022, susan (44 years old) is a highly successful architect and is covered by an employee-sponsored plan. her husband, dan (47 years old), however, is a ph.d. student and unemployed. compute the maximum deductible ira contribution for each spouse in the following alternative situations. note: leave no answers blank. enter zero if applicable. problem 13-69 part a (static) a. susan's salary and the couple's agi before any ira contribution deductions is $207,000. the couple files a joint tax return.
The maximum deductible IRA contribution for each spouse in following alternative situations is $3,000.
What is an IRA?A pension type that gives tax advantages for retirement savings is known as an individual retirement account, or IRA, in the United States. According to IRS Publication 590, Individual Retirement Arrangements, a particular type of individual retirement plan is an individual retirement account (IRAs). Two more options are employer-established benefit trusts and individual retirement annuities, in which the taxpayer purchases a life insurance company's annuity or endowment contract. Conduit IRA utilization has decreased since the statute permitting direct transfers between qualified plans without the use of an intermediate IRA was passed in 2001, however plan administrators may choose to only accept transfers from conduit IRAs.
Contribution=$207,000/69=$3,000
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authority granted by a domestic firm to a foreign firm for the rights to produce and market its product or to use its trademark/patent rights in a restricted geographical area.
Foreign licensing includes a homegrown firm conceding an unfamiliar firm the freedom to create and showcase its item or to utilize its brand name/patent privileges in a characterized geological region.
Government solidness holds the way to contract trustworthiness, representative security, and privileges, brand name and licensed innovation, and numerous different features of directing business. Make a point to look for "neighborhood" mastery over the political and business factors prior to engaging in any abroad development.
A permitting understanding is an agreement between two gatherings (the licensor and licensee) in which the licensor awards the licensee the option to utilize the brand name, brand name, protected innovation, or capacity to create and sell products claimed by the licensor.
A worldwide business authorizing arrangement includes two firms from various nations, with the licensee getting the privileges or assets to make in the outside country.
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pam's pet palace is considering an investment in dog grooming equpiment that would increase receipts
Pam's Pet Palace is thinking about spending money on dog grooming supplies which would bring in an extra $12,000 a year in cash.
What investment means?Any purchase made with the intention of creating income or capital growth is known as an investment. Any asset's value increasing over time is referred to as appreciation. When a person invests inside a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
What are 3 good investments?Overview: optimum investments for 2022 Savings accounts with high yields. certificates of deposit for brief periods. Bonds in Series I. bond fund funds with a short maturity. S&P 500 index investments. stocks that provide dividends. Value stock mutual funds index funds for the Nasdaq 100.
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According to the CAPM, the risk premium an investor expects to receive on any stock or portfolio increases:
A) directly with alpha.
B) inversely with alpha.
C) directly with beta.
D) inversely with beta.
E) in proportion to its standard deviation.
C
According to the CAPM, the risk premium an investor expects to receive on any stock or portfolio increases C) directly with beta.
In the field of business, the risk free revenue that is expected to be returned from an investment is referred to as the risk premium. This risk free premium is expected to increase directly with the beta. This is because the stock or portfolio increases directly with the beta.
A risk premium is a measure of excess return that is required by an individual to compensate being subjected to an increased level of risk. It is used widely in finance and economics, the general definition being the expected risky return less the risk-free return, as demonstrated by the formula below.
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horizon financial inc. was organized on february 28. projected selling and administrative expenses for each of the first three months of operations are as follows: march $174,900 april 164,400 may 149,600 depreciation, insurance, and property taxes represent $37,000 of the estimated monthly expenses. the annual insurance premium was paid on february 28, and property taxes for the year will be paid in june. 68% of the remainder of the expenses are expected to be paid in the month in which they are incurred, with the balance to be paid in the following month.
The entire amount of expenses paid in March was $82,764
The sum of all expenditures paid in April is $120,120.
the sum of all expenses paid in May is $ 108,424
Schedule of cash payments for selling and administrative costs for the three months ending May 31 by Horizon Financial Inc.
The total amount of all costs incurred in March and paid in March
($ 125,400 x 68%) is $ 82,764.
The total cost of all costs incurred in April and paid in April ($ 117,400 multiplied by 68%) is $ 77,484.
the amount paid in April ($125,400 x 68%) is $ 42,636.
All of the expenditures that are paid in May were paid in May ($117,400 x 68%) were paid in May ($103,800 x 68%) were paid in May, totaling $68,508.
Expenses paid in March= $82,764
Expenditures paid in April = $120,120.
Expenses paid in May = $ 108,424.
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In a promotion mix, ________ occurs when a firm's sales force makes individual presentations to consumers for the purpose of promoting sales and building customer relationships.
personal selling
In a promotion mix, personal selling occurs when a firm's sales force makes individual presentations to consumers for the purpose of promoting sales and building customer relationships.
Personal selling is also known as face-to-face selling in which one person who is the salesman tries to convince the customer in buying a product. It is a promotional method by which the salesperson uses his or her skills and abilities in an attempt to make a sale.
Personal selling is a face-to-face selling technique by which a salesperson uses his or her interpersonal skills to persuade a customer in buying a particular product. The salesperson tries to highlight various features of the product to convince the customer that it will only add value. However, getting a customer to buy a product is not the motive behind personal selling every time. Often companies try to follow this approach with customers to make them aware of a new product.
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the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply. neither mutual interdependence nor mutual dependence market control by a few large firms market control by many small firms mutual interdependence difficult entry
It is to be noted that the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, the options that describe the oligopolistic market structure are:
Difficult Entry (Option B)Market Controlled by a Few Large Firms (Option C)What is an Oligopolistic Market?
Oligopolies and monopolies are examples of market structures that develop when there is insufficient competition. An oligopoly happens when a small number of relatively large businesses provide similar but slightly different goods, whereas a monopoly arises when a single company produces goods that have no direct competitors.
A market structure known as an oligopoly can prohibit the remaining businesses from exerting significant influence. The market share of the largest companies is determined by the concentration ratio.
Oligopoly types are:
Pure oligopoly.Imperfect oligopoly.Open oligopoly.Closed oligopoly.Collusive oligopoly.Learn more about the Oligopolistic Market:
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Full Question: The oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply.
Market controlled by small firms
Difficult Entry
Market Controlled by a Few Large Firms
Mutual Interdependence
Mutual Dependence
a $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. the only changes affecting retained earnings are net income and cash dividends paid. new equipment is acquired for $69,600 cash. received cash for the sale of equipment that had cost $60,600, yielding a $3,200 gain. prepaid expenses and wages payable relate to operating expenses on the income statement. all purchases and sales of inventory are on credit.
The balance of Ikiban Inc. as of June 30, 2017, is $102,100.
To calculate the statement for cash movement for Ikban Inc.
Statement of cash movement
Particulars Amount
Cash flow from operating activities:
Net income $117,510
Adjustments to net income
Depreciation expense $67,600
Decrease in inventory $27,200
Decrease in prepaid expenses $1,900
Increase in accounts receivable ($18,500)
Gain from sale of equipment ($3,000)
Decrease in accounts payable ($9,500)
Decrease in wages payable ($9,900)
Decrease in taxes payable ($2,800) $53,000
Net cash flow from operating activities $170,510
Cash flow from investing activities:
Purchase of new equipment ($67,600)
Disposal of old equipment $13,500
Net cash flow from investing activities ($54,100)
Cash flow from financing activities:
Issuance of common stock $69,000
Retirement of note payable ($30,000)
Distributed dividends ($106,310)
Net cash flow from financing activities ($67,310)
Net cash increase $49,100
Cash balance June 30, 2016 $53,000
Cash balance June 30, 2017 $102,100
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As long as it is not restricted in any documentation, margin trading is permissible in which of the following accounts?
Corporate
IRA
Partnership
Fiduciary
I and III
As long as it is not restricted in any documentation, margin trading is permissible in I) corporate as well as in III) partnership accounts.
In the field of business, when money is funded in a collateral manner and borrowed money is used for trading, then such a type of trade is referred to as margin trading.
In corporate accounts, where there are multiple persons involved, margin trading can be used in order to share the expenses among the members.
Similarly, in a partnership, as two or more parties are involved, margin trading can be used for depositing a funded amount. hence, option I, corporate and III partnership is correct.
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the revenue stream for marino moving company fluctuates from year to year. based on this information alone, marino should use the multiple choice straight-line method to compute depreciation expense. double-declining-balance method to compute depreciation expense. units-of-production method to compute depreciation expense. all of the methods will produce the same amount of annual depreciation expense.
The Marino moving company's revenue stream varies from year to year. Marino should calculate depreciation expenditure using the units-of-production technique based solely on this information.
A fixed asset's share that has been deemed consumed in the current period is subject to depreciation expense. The cost is subsequently added to the expense list. With this charge, the carrying amount of fixed assets will be steadily decreased as their value is depleted over time. There is no cash outflow related to this item because it is non-monetary. When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.
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raynor company has the following data: direct labor $76,000 direct materials used 84,000 total manufacturing overhead 65,000 ending work in process 30,000 beginning work in process 45,000 compute total manufacturing costs. total manufacturing costs $enter total manufacturing costs in dollars compute cost of goods manufactured. cost of goods manufactured $enter cost of goods manufactured in dollars
Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations. It is the core of the economy's secondary sector.
goods manufacture The phrase can be used to describe a variety of human endeavors, from handicraft to high-tech, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from the primary sector into completed commodities. Such products may be distributed through the tertiary industry to end users and consumers (typically through wholesalers, who in turn sell to retailers, who in turn sell to individual consumers) or sold to other manufacturers for the production of other, more complex products (such as aircraft, home appliances, furniture, sports equipment, or automobiles).
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which of the following activities is not a step you can take to reduce your personal health care costs?
Only by practicing preventative care and maintaining good health can the cost of medical care be avoided.
What is health?Health is "a condition of full physical, mental, and social well-being and not merely the absence of sickness or incapacity," according to the World Health Organization. Over time, many definitions have been used for a variety of purposes. Promoting healthy activities, such as regular exercise and getting adequate sleep, and restricting or avoiding unhealthy behaviors, such as smoking or high levels of stress, can improve one's health. Others are influenced by structural factors, such as how society is organized and whether it makes it easier or harder for people to receive necessary healthcare services. Some factors influencing health are caused by individual choices, such as whether to engage in a high-risk habit.
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south shore construction builds permanent docks and seawalls along the southern shore of long island, new york. although the firm has been in business only five years, revenue has been from $308,000 in the first year of operation to $1,084,000 in the most recent year. the data to the left show the quarterly sales revenue in thousands of dollars.
The data to the left show that South Shore Construction has seen remarkable growth since it first opened its doors five years ago. In its first year of operation, South Shore Construction generated $308,000 in sales revenue, and in its most recent year, the company achieved a total of $1,084,000. This represents an impressive increase of over 250% from its initial year sales.
The quarterly sales revenue data highlights that this growth has been steady and consistent over time. Each quarter, South Shore Construction has seen a steady increase in revenue, with the exception of a slight dip in the 4th quarter of the 3rd year. This data indicates that South Shore Construction has been able to successfully expand its customer base, and increase its market share in the permanent docks and seawalls sector.
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the marine division of pacific corporation has average invested assets of $100,000,000. sales revenue of $50,260,000 results in net operating income of $9,956,000. the hurdle rate is 5%.
The return on investment for the given data is 9.956%.
What is return on investment?Your investments in business are the time and money you devote to enhancing your enterprise. The profit you realize from your investments is the return. The ratio of net profit to the entire cost of the investment is how ROI is typically defined.
ROI, often known as return on investment, is a key performance indicator (KPI) that firms frequently use to assess the profitability of an investment. It is incredibly helpful for tracking progress over time and removing uncertainty from future business decisions.
Return on investment= net operating income/invested assets
= 9956000/100000000
=0.09956x100
=9.956%
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Complete question-
The marine division of pacific corporation has average invested assets of $100,000,000. sales revenue of $50,260,000 results in net operating income of $9,956,000. the hurdle rate is 5%. Calculate return on investments.
A company failed to record unrealized gains of $21 million on its debt investments classified as trading securities. Its tax rate is 25%. As a result of this error, total shareholders' equity would be (Round million answer to 2 decimal places.): A company failed to record unrealized gains of $23 million on its available for sale debt security investments. Its tax rate is 30%. As a result of this error, comprehensive income would be (Round million answer to 2 decimal places.): Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $58 million as of December 31, 2018. Crote has a tax rate of 30%. Crote's retained earnings as of December 31, 2018, would be (Round million answer to 2 decimal places.):
Equity held by all stockholders as a whole is $19.50 million.
Retained earnings will be used to reflect any unrealized gains or losses from trading securities investments.
The balance of retained earnings, which is a component of shareholders' equity, will rise as a result of unrealized gains (net of taxes). Retained earnings are understated if unrealized gains are not reported.
Tax-adjusted unrealized gains equal unrealized gains. Taxes are $21 million; 25% of that amount is $26 million; $19.5 million less $21 million equals $19.50 million.
What does equity actually mean?According to the dictionary, equity is "anything that is fair and just" or "the attribute of being fair or unbiased; fairness; impartiality."
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Whispering Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $2,076,000 on March 1, $1,224,000 on June 1, and $3,076,600 on December 31.
Whispering Company borrowed $1,155,090 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 9%, 5-year, $2,376,900 note payable and an 10%, 4-year, $3,397,000 note payable. Compute the weighted-average interest rate used for interest capitalization purposes.
The weighted-average interest rate used for interest capitalization purposes is 4.38%.
The weighted-average interest rate is calculated by taking the sum of the interest rates of all loans divided by the total number of loans. For example, if you have three loans with interest rates of 3%, 5%, and 7%, the weighted-average interest rate would be (3+5+7)/3 = 5%.
Calculate the total amount of borrowing:
Total borrowing = $1,155,090 + $2,376,900 + $3,397,000 = $7,929,090
Calculate the total amount of interest paid on the loans:
Interest paid on the 5-year, 12% note = ($1,155,090 x 0.12) x (5/12) = $77,133
Interest paid on the 9%, 5-year note = ($2,376,900 x 0.09) x (5/12) = $134,983
Interest paid on the 10%, 4-year note = ($3,397,000 x 0.10) x (4/12) = $134,917
Total interest paid = $77,133 + $134,983 + $134,917 = $347,033
Calculate the weighted-average interest rate:
Weighted-average interest rate = (Total interest paid / Total borrowing) x 100
= ($347,033 / $7,929,090) x 100
= 4.38%
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An opportunity cost is a potential benefit that is lost by taking a specific action when two or more alternative choices are available. A. True B.False
The given statement is true, When two or more alternatives are available, an opportunity cost is the potential advantage that is lost by choosing one course of action over the others.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another.
Although opportunity cost cannot be measured precisely, one method to assess it is to project the potential future value that you chose not to get and contrast it with the value of the alternative decision you made.
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identify the true statements about distribution requirements planning
Software for enterprise resource planning systems frequently includes a module called DRP.
What does DRP mean in terms of a supply chain?Distribution requirements planning is the process used to set up orders in a supply chain (DRP). Producers can compute time-phased requirements using DRP, a development of Materials Requirements Planning.
The core of distribution requirements planning (DRP), a systematic process for enhancing the effectiveness of product delivery, is the selection of which commodities, in what amounts, and at what location are needed to satisfy expected demand. The goal is to reduce the expenses associated with ordering, shipping, and storage while minimizing shortages.
In DRP, decisions on inventory replenishment are based on a time-phased timetable that takes both actual orders and forecasts into consideration.
Procedures for planning operations and logistics use the result from the DRP as an input.
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Add criteria to this query to return only the records where the value in the Credits field is less than 90 and the value in the Classification field is Jr or Sr. Run the query to view the results.
In the given case the query is
Click the Credits field's criteria row, type ">90". Click the Classification field's criteria row, type "Sr". On the Design tab, in the Results group, click the Run button.How does this occur?
Through the process of executing a query, the relational database relies on itself to quickly retrieve and evaluate your data. Any query's SQL code can be viewed by switching to design view.Simply described, queries are methods for finding and combining data from one or more tables.It allows one to access data from one or more tables in accordance with a set of explicit search criteria.Discover more about Query from
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7-1 power-point presentation for acc-202
In order to create a PowerPoint Presentation, you need to follow the steps below:
Launch PowerPoint.Select New from the left pane.Choose one of the following:Choose Blank Presentation to start from scratch when creating a presentation.Choose one of the templates to utilize a ready-made design.To see PowerPoint tips, click Take a Tour, and then click Create.How do you add a slide?Select the slide you need your new slide to match from the thumbnails in the left pane.
Select New Slide from the Slides section of the Home menu.
Select Layout under the Slides area, and then choose the layout you want from the menu.
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Full Question:
How do you prepare a power-point presentation? This is for ACC-202
FILL IN THE BLANK. Business loans available from commercial banks with terms generally five to twelve years and secured or unsecured are called _____ loans.
Business loans available from commercial banks with terms generally five to twelve years and secured or unsecured are called term loans.
What are term loans?In finance, a term loan means a type of loan that provides borrowers with a lump sum of cash upfront in exchange for specific borrowing terms. Term loans are usually meant for established small businesses with sound financial statements.
In an exchange for a specified amount of cash, the borrower agrees to certain repayment schedule with a fixed or floating interest rate. However, the term loan may require substantial down payments to reduce the payment amounts and the total cost of the loan.
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providing for doubtful accounts at the end of the current year, the accounts receivable account has a debit balance of $1,132,000 and sales for the year total $12,840,000. the allowance account before adjustment has a debit balance of $15,300. bad debt expense is estimated at 3/4 of 1% of sales. the allowance account before adjustment has a debit balance of $15,300. an aging of the accounts in the customer ledger indicates estimated doubtful accounts of $49,000. the allowance account before adjustment has a credit balance of $6,700. bad debt expense is estimated at 1/4 of 1% of sales. the allowance account before adjustment has a credit balance of $6,700. an aging of the accounts in the customer ledger indicates estimated doubtful accounts of $55,600. determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. assumption amount a. $fill in the blank 1 111,600 b. $fill in the blank 2 64,300 c. $fill in the blank 3 25,400 d. $fill in the blank 4 48,900 feedback area
The allowance account before adjustment has a debit balance of $15,300. Bad debt expense is estimated at 3/4 of 1% of sales.
What Is an Expense for Bad Debt?When a customer is unable to pay an outstanding debt owing to bankruptcy or other financial difficulties, a receivable is no longer recoverable, and a bad debt expense is recorded.
What types of expenses result from bad debts?Bad debt is defined as a debt that is no longer collectible and is written off as a loss or expense. Bad debt might include things like bank loans and purchases acquired on credit.
How are bad debt expenses recorded?You must credit an allowance for dubious accounts and debit bad debt expense when recording bad debt expenses. The write-off approach does not require a contra asset account to track bad debt costs. As a result, the balance of accounts receivable will be shown in full on the balance sheet as a current asset.
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Lamar, an OD consultant, is working with members of a cross-functional team to build cohesiveness and practice skills so the team can function bette He has observed them working together to solve problems and he has shared the latest customer survey results with them, Lamar is conducting the stage of the OD process. Multiple Choice ο feedback ο diagnosis ο evaluation ο changing ο treatment, or intervention
Lamar is conducting the Treatment or Intervention stage of the OD process that is option E is correct.
While working in a team it is necessary to work actually as a team by doing the task as a whole unit rather than working in scattered pieces. IF at any point there arises any issue with the team working the manager or the leader has to intervene in between and has to look at the problem and also find the solution of the problem. Intervention stage is when the manager talks and communicate with each of the team member about the working and other aspects of the task so that the overall functionality and efficiency of the process can be improved. It is an important step in team building process.
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a studio manager stated that she would not turn down $2m per sequel right. if you paid $2m per sequel right, are you purchasing them for less than what they are valued?
There are several alternatives here. Significant variations exist between 2 and 5 million.
When considering how to save money, the majority of firms start by examining their expenses. The main sources of expenses are internal and external alternatives. For instance, the recent sharp increases in sending charges may have a substantial impact on your ability to send and receive. Commerce and shipping are experiencing a significant surge in demand due to a 50% increase in sending volume since March 2020. The management of these third-party charges by your workers can also be the internal cause of expense growth. Therefore, it makes sense to work with a dependable partner like Pitney Bowes to deliver effective and adaptable solutions for your business. It is incredibly simple and time and money-saving to manage expenditures both internally and externally, thanks to centralized control and thorough insights.
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The promotional objective of the maturity stage of the product life cycle is to a. inform. b. persuade. c. remind. d. sway. e. convinc
The promotional objective of the maturity stage of the product life cycle is c. remind.
In the field of business, such a stage of business when the sales of a product become lower as the product has become old in the market is referred to as the maturity stage of the product life cycle.
On the effective promotional objective at the maturity stage is to remind the customers of the product. Such promotional strategies are used so that the particular product is reminded of the customers so that they can buy it. The basic purpose of the maturity stage is to remind the customers of the product.
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Christian Company uses the gross method of recording purchase discounts on inventory and the perpetual inventory system. When Christian Company makes payment for the inventory within the discount period, the bookkeeper will ________.
A) debit Accounts Payable, credit Inventory and credit Cash
B) debit Accounts Payable and credit Inventory
C) debit Inventory and credit Cash
D) debit Accounts Payable and credit Purchases
The correct option is A ; Debit Accounts Payable, credit Inventory and credit Cash , Although the topic is left unanswered in this case,
It is expected that Christian businesses also utilize perpetual inventory systems.
When we pay a creditor in cash, our automated inventory system debits accounts payable and credits cash.
The difference now is that because we used the discount, in a perpetual inventory system we deduct the discount from the value of the inventory rather than crediting it, therefore the discount is recorded as inventory.
When using a periodic inventory method, merchandise inventory is left untouched but purchase discounts, a temporary contra account, rise to reflect the discount amount.
Under perpetual inventory systems, there must be two entries made in order to record a sale: one to record the sale and the other to record the cost of the sale.
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You are ready to buy a house, and you have $30,000 for a down payment and closing costs. Closing costs are estimated to be 5% of the loan value. You have an annual salary of $48,000, and the bank is willing to allow your monthly mortgage payment to be equal to 25% of your monthly income. The interest rate on the loan is 6% per year with monthly compounding (50bps per month) for a 30 year fixed rate loan. How much can you offer for the house?
which of the following statements would need to be documented in a report? group of answer choices the stock market can be volatile. many types of people invest in the stock market. last may, the dow jones industrial average suffered a 998-point loss, which the media called a flash crash. all of these choices
Should always be accounted for in a report On May 6, 2010, the Dow Jones Industrial Average suffered a 998 point fall, which the media nicknamed the Flash Crash.
The accusations state that in order to drive down the values of E-Mini S&P contracts, Sarao's trading algorithm executed a series of sizable selling orders, which ultimately led to the market crash. As observed, flash crashes happen quite quickly. It is obvious that the price fluctuations are not caused by the announcement of negative news followed by positive news. It's also important to keep in mind that the fall may affect an entire stock index rather than simply a single stock, bond, or commodity.
A business report makes the information easy to understand for the reader by using headings and subheadings, tables, diagrams, and, if necessary, bullet points. The report's primary goal is to effectively and rapidly convey essential information and data.
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as used in the introductory section of a proposal, the states the boundaries of the proposal. group of answer choices
As used in the introductory section of a proposal, the scope states the boundaries of the proposal.
What is a proposal?Generally, A written offer made by a seller to a potential sponsor on behalf of the company is known as a business proposal.
When it comes to complicated sales processes, such as when a buyer considers factors other than price in making a purchase, business proposals are often an essential stage.
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