The cost-to-retail percentage for the inventory on hand at 1/1/2021 is 75%.
What is corporation?
A corporation is a legal entity established by a group of people to carry out business activities. It is a separate legal entity from its owners and is treated as an individual in the eyes of the law. Corporations have the ability to raise capital by issuing shares, enter into contracts, buy and sell assets, and pay taxes. They also have the ability to sue and be sued, and are liable for their own debts. The structure of a corporation allows for a separation of ownership and management, which helps to ensure that decisions are made in the best interests of the company. Corporations also provide limited liability to their owners, meaning that shareholders are not held personally liable for the debts and obligations of the corporation.
1. The cost-to-retail percentage for the inventory on hand at 1/1/2021 is 75%.
2. 12/31/2021:
Inventory Value = Retail Value × Cost-to-Retail Percentage
= $25,000 × 0.82 = $20,500
12/31/2022:
Inventory Value = Retail Value × Cost-to-Retail Percentage
= $28,600 × 0.85 = $24,410
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the principal must assist the agent in the performance of his or her duties, and the principal can do nothing to interfere with the reasonable conduct of the agent. this is known as the duty of indemnification.
This statement is false. The principal owes the agent a responsibility of cooperation. Therefore, the principle is required to support the agent in carrying out his or her responsibilities.
What duties does a principal owe to its agent?The fourth obligation of the principal to the agent is to carry out the terms of the agreement. This means that in order to work with the agent, the principal must comply with all of the requirements of the agency agreement. Both the written terms and implicit terms must be agreed to by the principal.The fiduciary duty and a set of general obligations mandated by agency law are the two categories of obligations the agent owes to the principal. However, these fundamental obligations owed by every employee to their employer are not specific to agency law.The agency agreement may specify the conditions of an agency. In general, a principal owes the agent the following obligations: Duty to Pay Damages, Duty to Pay Back, and Duty to Defend the Agent.To learn more about principal refer :
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a friend says that when two people form a general partnership, it is just like two sole proprietors working together to run the same business. do you agree or disagree? explain and make it shorter because this is for a test and it's not supposed to be super long.
Answer:
They are similar in many ways because they both have purposes that can relate.
Explanation:
I just answers this but ima give u a better and different answer. Ok? Kool!
Payoffs represent profits in millions of dollars. In this simultaneous game, tristar and new line cinema both decide the genre of their summer movie release. Tristar prefers to release a superhero movie and new line cinema releases a comedy. Tristar enters into an irrevocable contract that will provide penalty payments to theater chains if it releases a summer comedy. These penalty payments serve as a credible commitment to tristar's desire to release a superhero movie. How large do these penalty payments have to be to convince new line cinema that tristar will release a superhero movie? less than $95 million between $1 million and $5 million greater than $5 million at least $90 million
Profits in the millions of dollars are represented by payoffs. These penalty payments must be made in order to persuade New Line Cinema that Tristar will release a superhero film for more than $5 million.
The net payoff is the profit or loss from the sale of an item or service after deducting the costs of selling it, any additional costs associated with the asset or experienced over the asset's life, and any associated accounting losses.
The payoff at expiration is the dollar amount received by the investor at the end of the option strategy. The payoff minus the cost of setting up the strategy equals the profit at expiration.
Hence, the correct answer is "Second" option.
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which group or agency does not engage in the actual planning or organization of meetings, conventions, and other events?
CVB group or agency does not engage in the actual planning or organization of meetings, conventions, and other events.
What is CVB?
Major city convention and visitors bureaus (CVBs) are in charge of organising events. Selling a destination to meeting organisers and incentive companies is the responsibility of a sales manager at a destination management company.
Ethics are built on our values and serve as the benchmark for what is good and wrong. Making a moral decision is a requirement of ethics, and it's not always simple. It takes courage to act ethically, and it must be practiced.
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according to the full aggregate expenditures model, if investment is $5 trillion, government spending is $2 trillion, exports are $1 trillion, savings is $4 trillion, and taxes are $2 trillion, what are imports?
The Imports of the given expenditures model are $2 trillion.
How do you find imports in economics?Imports are the products and services that citizens of a nation choose to purchase over goods and services made in that nation.GDP = C + I + G + X – M
C = Consumer expenditure.I = Investment expenditure.G = Government expenditure.X = Total exports.M = Total imports.The nominal export/import value of items published in the Trade Statistics of Japan is divided by the BOJ's Export/Import Price Index to determine the real export/import figures. Exports and imports reflect changes in the real value of exports and imports and are modified to account for the impact of price changes.An import is an item or service that is purchased outside of its nation of origin. International trade is made up of imports and exports.Given data :
AE represents the amount of spending that occurs in an economy.
AE = C + I + G + NX + M
14 = 4 + 5 + 2 + 1 + M
M = 14 - 12 = 2
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one of the major benefits gained by a firm entering the international market is the ability to achieve a competitive advantage through location.
The potential to establish a competitive edge through location is one of the main advantages a company will experience once it enters the global market. Hence, the given statement is true.
What is the meaning of the global market?
The practise of promoting a company's goods, name, or services to a global audience is known as global marketing. Planning, advertising, and concentrating a product or service on the requirements of potential customers in other nations are all parts of the process.
Fast food, apparel, autos, banking, and enterprises that manufacture quickly consumable commodities are all excellent examples of worldwide marketing.
Therefore, the given statement is true.
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The complete question has been attached in text form:
One of the major benefits gained by a firm entering the international market is the ability to achieve a competitive advantage through location.
True
False
if an analyst wants to value a potential investment in the net operating assets of a division of another firm, the relevant cash flows the analyst should use are
If an analyst wants to value a potential investment in the net operating assets of a division of another firm, the relevant cash flows the analyst should use are WACC
What is WACC?Generally, The weighted average cost of capital, often known as WACC, is a measure of the average cost, after taxes, of obtaining capital for a company from all available sources.
These sources include ordinary stock, preferred stock, bonds, and other types of debt. The weighted average cost of capital (WACC) is the rate that an organization projects it will pay to finance its assets on average.
The weighted average cost of capital, often known as WACC, gives us information about the return on investment (ROI) that lenders and shareholders anticipate receiving from a firm in exchange for their provision of capital.
For instance, if a corporation's lenders want a return of 10% and its shareholders require a return of 20%, then the WACC for that company is 15%.
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how much profit will the concert promoters earn if they set the price of each ticket at $150? a. $100,000 b. $175,000 c. $75,000 d. $150,000
The profit will the concert promoters earn if they set the price of each ticket at $150 will be $75,000. The correct option is (C), $75,000.
The profit is an income distributed to the owner in a profitable market production process. Profit is a measure of profitability which is the owner's major interest in the income formation process of market production.
The profit will the concert promoters will be around 10%. To calculate the profit, the total revenue is equal to price of each ticket plus number of tickets sold.
The total profit of the promoters can be calculated as the difference between the total revenue and the total cost.
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the balance in retained earnings equals all net income, less all dividends, since the company began operations.T/F
True, The balance in retained earnings equals all net income, less all dividends, since the company began operations.
What is net income?
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions. For financial health to be evident, net income should ideally exceed expenses. Take the gross income, which is the whole amount of money earned, and deduct costs like taxes and interest payments to get at net income.
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Question 7 of 10
When should a writer establish common ground before the bottom-line
statement?
A. When the reader may disagree with the bottom-line statement
B. When the document is minutes of a meeting
C. When the report does not have an executive summary
OD. When the details are arranged in order of importance
what is the net profit to tree row bank if the price of the futures contracts decreases to 94-29 (32nds)
a. Treasury bond prices will drop if interest rates rise throughout the investment period. Tree Row should therefore adopt a short stance in the futures contracts on the Treasury bonds. T-bond futures prices will decrease along with T-bond prices.
b. Net profit = $ 250
c. Net profit = -$ 531.25
What is investment?⇒ Investments are sums of money used to purchase assets with the expectation that their value will increase over time. A present resource, such time, money, or effort, must be lost in order to invest. The goal of investing in the financial realm is to make money from the asset that is being used. An unrealized capital gain (or loss), investment income like dividends, interest, or rental income, a mix of capital gain and income, as well as a gain (profit) or loss realized through the sale of a house or investment, may all be included in the return. Due to fluctuating exchange rates, the return may also include foreign exchange gains or losses.
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in order to maximize profits, the firm should produce a. 8 units of output. b. 4 units of output. c. 12 units of output. d. 16 units of output.
In order to maximize profit, the firm should produce where its marginal revenue and marginal cost are equal.
What is marginal cost?
The term "marginal cost" describes the rise in production costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses can see how volume output affects cost and ultimately profits by calculating the marginal cost.
The corporation should produce where its marginal revenue and marginal cost are equal in order to maximise profit. The company's unit marginal cost of manufacturing is $20. The company's marginal revenue at 4 units produced is $20. Therefore, the company should generate 4 units of output.
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since they are small and have a selective advantage over larger plants, stone walls, fences, and cracks in exposed rocks are ideal microhabitats for
Answer:
yes
Explanation:
u know how to get the chance for the info and to send it back and send me a new realm
which of the following supply chain improvements would be done first? a. implementing cross-functional teams b. making changes to information systems c. conducting a major product redesign d. implementing a lean system
The supply chain improvements that would be done first is c. conducting a major product redesign.
What is supply chain?The management of the processes that turn raw materials into finished goods that are then sold to end users is known as supply chain management (SCM).
Supply chain offers centralized control for the phases of production and sales of a company's products, including planning, design, manufacturing, inventory, and distribution.
Supply chain management aims to increase efficiency by coordinating the efforts of the different supply chain participants. By doing this, a business may be able to outperform its competitors and improve the quality of the products it produces, both of which may result in higher sales and revenue.
In conclusion, the correct option is C.
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Gretchen is preparing a sales presentation for the executive team. What organizational structure is she MOST likely to use?
keynote
myth-buster
theme by theme
problem to solution
Answer:
problem to solution
Explanation:
I took the quiz
Problem to solution organizational structure she is most likely to use. Therefore option D is correct.
What is the sale?The actions that result in the sale of products or services are referred to as sales. Businesses have segmented sales organizations with several teams inside them. Additionally, these sales teams are frequently chosen depending on the geography, the commodity or service, and the intended market.
Where can salespeople find prospects and leads? One of the finest methods to produce quality leads is through the marketing organization's campaigns and initiatives. Additionally, according to the State of Inbound Report, 28% of salespeople's leads come from marketing. Although sales and marketing employ different procedures, both business operations have an impact on lead generation and revenue.
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Porter is visiting india and would like to purchase some local spices. he finds some spices that cost 320.38 rupees. if the current exchange rate is 1 dollar:73.6500 rupees, how much do the spices cost in u.s. dollars?
$0.04
$4.35
$22.99
$23,595.99
many managed-care plans try to reduce costs over the long term by paying for routine preventive care. group of answer choices true false
The statement 'many managed-care plans try to reduce costs over the long term by paying for routine preventive care' is true.
Managed care plans are a type of health insurance. They have contracts with health care providers and medical facilities to provide care for members at reduced costs. These providers make up the plan's network. How much of your care the plan will pay for depends on the network's rules.
A managed care organization (MCO) is a health care company or a health plan that is focused on managed care as a model to limit costs in the field of preventive care.
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the state of texas has one of the highest sales tax rates in the nation at 6.25 percent. this – tax can have another – added to it to help fund county and local governments.
Answer: The maximum combined state and local sales tax rate in texas is 8.25 percent.
Tax
Taxes are obligatory payments made to the government from a variety of sources of income. These are placed in the state exchequer for the government's capital and revenue expenditures.
Explanation:
The state sales tax in Texas is 6.25%. Although it is a fixed rate for the entire state, it can increase to a maximum of 8.25% by including municipal sales taxes. Texas relies on its sales tax because there is no state income tax, and as a result, the state's sales tax rate is greater than 76.9% of other states, making it one of the highest in the nation.
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austin needs a summary of all general ledger account classified as fixed assets. which quickbooks report with the most useful?
Since Austin needs a summary of all general ledger accounts classified as fixed assets, a Balance sheet report of QuickBooks would be useful for him.
A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet. The foundation for calculating investor return rates and assessing the capital structure of a company is provided by balance sheets. The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment. When doing basic analysis or calculating financial ratios, balance sheets can be utilised in conjunction with other crucial financial data.
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the fixed asset turnover ratio is used to evaluate: multiple choice how well management uses long-lived tangible assets to generate revenues. whether there are enough fixed assets to pay its current liabilities. the frequency in which fixed assets are sold. the proportion of fixed assets relative to total assets.
The fixed asset turnover ratio is used to evaluate: how well management uses long-lived tangible assets to generate revenues.
What do you mean fixed assets?A fixed asset is a long-term, tangible piece of property or equipment that a business owns and uses in its operations to generate revenue. Fixed assets typically last for at least a year before being depleted, used, or converted to cash. Examples of fixed assets include land, machinery, vehicles, furniture, computer equipment, buildings, and other equipment. Fixed assets might differ depending on how an organisation runs its operations.
What is not fixed assets?Long-term tangible assets such as land, buildings, machinery, etc. make up fixed assets. Current assets are short-term investments that can be quickly converted into cash. Inventory, debtors, bills receivable, cash on hand, bank balance, and other items are examples of current assets. Businesses can monitor machinery and vehicles, assess their condition, keep them in acceptable operating order, reduce lost inventory, equipment breakdowns, and downtime, and raise the asset's lifetime value through fixed asset management.
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What are the main differences between “ethics” and “work ethic”?
Answer: they are very different
Explanation:
Work ethic is the drive to work, while ethics is closer to morals.
Answer:
They are different
Central Valley Transit Inc. (CVT) has just signed a contract to purchase light rail cars from a manufacturer in Germany for euro 3,000,000. The purchase was made in June with payment due six months later in December. Because this is a sizable contract for the firm and because the contract is in euros rather than dollars, CVT is considering several hedging alternatives to reduce the exchange rate risk arising from the sale. To help the firm make a hedging decision you have gathered the following information. . The spot exchange rate is $1. 250/euro ∙. The six month forward rate is $1. 22/euro ∙. CVT's forecast for 6-month spot rates is $1. 27/euro ∙. The budget rate, or the highest acceptable purchase price for this project, is $3,900,000 or $1. 30/euro If CVT locks in the forward hedge at $1. 22/euro, and the spot rate when the transaction was recorded on the books was $1. 25/euro, this will result in a "foreign exchange accounting transaction ________ of ________
gain; $90,000, the required answer for the given question is option (c).
What is foreign exchange accounting transaction?There was a need for regulations on how to approach revenue produced in foreign currencies since firms were increasingly utilizing global markets. The term "foreign exchange accounting" refers to the accounting of business transactions carried out in currencies other than the reporting entity's functional currency. These transactions are recorded in the exchange rate of the reporting entity using the rate of exchange in effect on the transaction date.
This also accounts for any profits or losses brought on by variations in the anticipated exchange rate between both the entity's functional currency and the currency where a transaction is expressed.
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The full question is ,
Refer to Instruction 10.1. If CVT locks in the forward hedge at $1.22/euro, and the spot rate when the transaction was recorded on the books
was $1.25/euro, this will result in a "foreign exchange accounting transaction ________ of ________.
A) loss; $90,000.
B) loss; €90,000.
C) gain; $90,000.
D) gain; €90,000.
what is the difference between a tax credit and a tax deduction? a. a tax credit represents money owed to you, while a tax deduction represents money
Tax credits directly lower the amount of tax you owe, while tax deductions lower your taxable income.
How Do Taxes Operate?Taxes are required payments made to individuals or enterprises by a government agency, whether local, regional, or federal. Public infrastructure and services like roads and schools, as well as programs like Social Security and Medicare, are all funded with tax dollars.
Why do people pay taxes?Taxation is an essential part of the social contract that binds individuals and the economy, in addition to financing public goods and services. The manner in which taxes are gathered and spent can define a government's very legitimacy.
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Suppose you would like to pay for a course to improve your job skills, a new computer,
and a new TV. You do not have enough cash, so you consider taking out a loan to buy
at least one of them. Which one would be the best use of credit? Why? Which would
be the least use of it? Why?
Answer:
idek
Explanation:
global functional structures are primarily used by small firms with highly decentralized systems. true false
Small businesses with highly decentralized systems are more likely to employ global functional structures.
What qualifies as a global functional division?Division of Global Function
Product orientation is secondary for businesses adopting a global function division structure, which is primarily used to organize operations globally based on function. Due to a lack of integration between manufacturing and marketing, managing several product lines can be difficult.
An large communication network is necessary. Duplicate information systems must be removed in a global organization to promote organizational efficiency.
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"The fewer the number of substitutes for a product, the more elastic the demand for that product." Is the previous
statement true or false?
The demand for any product is possibly to be elastic if a substitute is to be had within side the market.
The required details for elasticity of demand in given paragraph
A good's fee elasticity of demand is a degree of ways touchy the amount demanded is to its fee. When the fee rises, amount demanded falls for nearly any good, however it falls extra for a few than for others. The fee elasticity offers the proportion alternate in amount demanded while there's a one percentage boom in fee, preserving the whole thing else constant. If the pliability is −2, which means a one percentage fee upward thrust ends in a percentage decline in amount demanded. Other elasticities degree how the amount demanded modifications with different variables. Price elasticities are terrible besides in unique cases. If an excellent is stated to have an elasticity of 2, it nearly constantly manner that the best has an elasticity of −2 in line with the formal definition.
Demand for an excellent is stated to be inelastic while the pliability is much less than one in absolute value: that is, modifications in fee have a quite small impact on the amount demanded.
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if you suspect someone at your company has violated the aup, what are your responsibilities as the first responder? (select all that apply.)
Responsibilities as the first responder if you suspect someone at your company has violated the AUP are Identify the violation, Preserve the data and device and Document the incident.
According to an approved usage policy(AUP), a user must agree to specific guidelines and standards in order to access a company network, the internet, or other resources. Many businesses and educational institutions need personnel or students to sign an AUP before acquiring a network ID.
An approved usage policy specifies a user's responsibilities and rights when using laptops and other computing resources. Whether the user provides a personal device or the business provides the hardware, this is true. One of the numerous benefits of an AUP is its capacity to specify explicitly what constitutes acceptable and undesirable employee behaviour. AUPs can provide a firm with a legal mechanism of ensuring compliance by outlining the penalties for noncompliance.
The complete question is, "If suspect someone at your company has violated the AUP, what are your responsibilities as the first responder? (Select all that apply.)
a. Identify the violation.
b. Report it to the police.
c. Preserve the data and device.
d. Document the incident."
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What are the most effective social media platforms for content distribution according to marketers?.
Answer:
lol
Explanation:
a result of the tariff is that, relative to the free-trade situation, the quantity of saddles imported decreases by
A result of the tariff is that, relative to the free-trade situation, the quantity of saddles imported decreases by Q4-Q3 + Q2-Q1.
How do tariffs actually work?A tariff is a tax that a government levies on products and services that are imported from other nations in an effort to raise the price of imports and reduce their appeal, or at the very least, their competitiveness, in comparison to products and services produced domestically.
Tariffs are used because...Limits are placed on imports by tariffs. Simply expressed, they raise the cost of products and services purchased from another nation, decreasing their appeal to domestic customers.
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Specifying a clear objective for an advertising campaign help in selecting ________ and ________ the campaign.
Defining a defined purpose for an advertising campaign aids in media selection and campaign evaluation. Thus, the correct answer is media and evaluation.
What is the goal of a marketing campaign?Advertising campaigns are created to accomplish a certain aim or set of goals. Such objectives frequently include building a brand, enhancing brand awareness, and raising the rate of conversions/sales. Using effectiveness metrics, the rate of success or failure in accomplishing these objectives is determined.
There are the following types of campaign objectives: awareness, consideration, and conversion. The target you choose should fall into the category that is closest to your current advertising goals. Using awareness to generate interest in your product or service.
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