The elements that belong to events A and C are: Cooper, Sodium, Zinc and Oxygen.
What is event binding?The union of events is a mathematical term that refers to an operation whose result is composed of all the non-repeated elementary events that two or more sets have in common and not in common.
That is, given two sets A and B, the union of A and B would be formed by all the sets that do not repeat themselves and that have A and B in common.
Which elements correspond to the events A ∪C?According to the above, it can be inferred that the sets that belong to the binding of events A ∪ C correspond to the chemical elements: Cooper, Sodium, Zinc and Oxygen. Additionally, it can be stated that none of them is a common element in both events, so each event has different elements that form a set of 4 different elements.
Note: This question is incomplete because there is some information missing. Here is the complete information:
Consider the sample space S = (copper, sodium, nitrogen, potassium, uranium, oxygen, zinc)
Consider the events =
A = (Cooper, sodium, zinc)
B = (Sodium, nitrogen, potassium)
C = (oxygen)
List the elements of the sets corresponding to the following events:
A ∪ C
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why do some patient safety leaders believe the definition of harm should be broader than the definition in the ihi global trigger tool?
Because additional sorts of injury should be prevented than those covered by the current definition by health care systems.
The required details for health in given paragraph
Being in good health is defined as having complete bodily and mental wellbeing. People can access healthcare to help them keep their health at the optimal level. The US healthcare system cost an estimated $3.5 trillion in 2017, according to the Centers for Disease Control and Prevention (CDC). However, Americans have shorter lifespans than people in other industrialized countries, despite all of the money spent on healthcare. Access to healthcare and dietary preferences are just two of the factors contributing to this.
Being healthy is essential for living a longer, more active life and for controlling stress.
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Problem 5-2A Record transactions related to credit sales and contra revenues (LO5-1, 5-2)
Credit sales allow the customer to pay the seller at a later date. Whereas, contra revenue is known to be a deduction from the gross revenue reported by a business.
Credit sales are also known as sales made on the account. Credit sales are sales where the payout is done after delivery of goods with period of time which is thus agreed upon by both parties.
There are the contra revenue accounts which tend to appear near the top of the income statement, it appears as a deduction from gross revenue. A contra revenue tends to carry a debit balance, rather than the credit balance.
Hence, credit sales are purchases which are made by customers for which the payment is delayed.
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what is business combination
Answer:
Transaction or other event in which an acquirer (an investor entity) obtain control of one or more business.
Explanation:
if one company purchases another company.
Discussion Questions
1. Sharp's Sandwich Shop has two conflicting quality issues-speed and freshness. The
premade sandwich system enhances speed; however, it has the potential of affecting
freshness. What type of system can Dawn implement that will enable her to keep
the process of premade sandwiches, yet guarantee that freshness will be unaffected?
Explain how the system would work and why it can effectively enable her to accomplish
both goals without any concern that one or the other must suffer.
Dawn will use Kanban to maintain the prefabricated sandwich process and ensure that freshness is not compromised.
Describe Kanban.A well-liked framework for implementing agile and Develops software development is Kanban. It necessitates complete transparency of work and real-time capacity communication. Team members can always observe the status of every piece of work thanks to the visual representation of work items on a Kanban board. Kanban is a process management technology that manages the flow of production from client orders back to the warehouse and visually displays each job's progress on a company's radar.
What makes them a part of lean systems?In its most basic form, Kanban is a method for an organization to visually monitor its work flow. Utilizing Kanban makes it simpler to maintain efficiency and assists in swiftly identifying (and resolving) work flow issues. The fundamental tenet of Kanban is that the flow of work is shown on a sizable board with several columns.
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Why is it important to test sending an electronic résumé before sending it to an employer?
What is the most direct influence on customer Goodwill
Answer:
D
Explanation:
Because it helps companies expand their customer base.
when we consider the effects of taxes and subsidies on the market for goods, services, and resources, we evaluate how taxes and subsidies affect:
The evaluation of taxes and subsidies affect in following ways
The price of items is altered by taxes and subsidies, which has an impact on how much is consumed.
The way an Ad valorem tax is applied to the price of the good differs from the way a specific tax or subsidy is imposed. In the end, taxation shifts the market to a new equilibrium where consumers pay more for a good and sellers receive a smaller share of the price. Since taxes imposed on sellers are likely to be paid by increasing the price charged to customers, the incidence of a tax is independent of whether taxes are levied on buyers or sellers. Because the less elastic side of the market bears the majority of the tax burdenLearn more about taxes and subsidies https://brainly.com/question/28498445
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PLEASE HELP
You're thinking $350 is a lot of money for a high school student, and you understand that,
due to inflation, that same jacket would have cost less than $350 in the past. Use the
calculator to determine how much the same jacket, had it been available, would have cost
the year you were born.
Answer: Subtract $350 from the year you were born and theres your answer
Explanation: $350- the year you were born
a situation in which an economic gain by one country results in an economic loss by another is called a
A situation in which an economic gain by one country results in an economic loss by another is called a Zero-sum game.
Absolute advantage is the ability of an individual firm region or country to produce a greater amount of goods or services with the same amount of input per unit of time, or the ability to produce the same amount of goods or services per unit of time than the Ability to produce in volume. More input than competitors. An actor's ability to produce more goods or services than his competitors.
Competitive Advantage An actor's ability to produce goods or services at a lower opportunity cost than its competitors. Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its counterparties. The theory of comparative advantage introduces opportunity cost as an analytical factor in choosing between different production options. Trade profit is the net profit of an economic entity.
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I borrow $600 and Paid it off in 5 years, my annual Interest rate 2/0
Whate much is interest Rate
The interest paid for the specified values is $60.
Given,
Loan amount: $600
five years to pay it off.
The interest rate per year is 2%.
The amount of interest due is:
600*2/100*5: $60
An interest rate reveals how costly borrowing is or how profitable saving is. As a result, the amount you pay for borrowing money, stated as a percentage of the total loan amount, is the interest rate if you are a borrower.
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Read the article by clicking on the link here and answer the following questions below: https://www.cnbc.com/2022/02/01/after-a-huge-year-for-growth-the-us-economy-is-about-to-slam-into-a-wall.html
1. What is your initial reaction to this article?
2. Why does Jeff Fox think the US economy is “about slamming into a wall”?
3. How would your investment strategy change if the US economy did slam into this “wall”?
4. What is your prediction about the direction the economy will go in during the next few years? Why would you predict that?
The initial reaction to the article about the slowdown in the US economy may be one of reflection and pessimism, given the economic projections.
Why does the author claim that the US economy is "about slamming into a wall"?According to the author of the article, Jeff Cox, the US economy is in a slowdown when compared to the previous year, whose growth was the highest since 1984, with a 5.7% increase in GDP.
The author explains the effects of the spread of the omicron variant of the coronavirus, favors for fiscal stimulus and the expectations of global markets on economists' projections.
A personal investment strategy could change if the US economy hit this wall by investing in government bonds, which could benefit from interest rates arising from rising inflation rates.
Therefore, ome predictions about the direction of the American economy in the coming years is to try to control inflation, increasing the balance of fiscal policy to increase investment in the country.
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Larry and his wife are planning to take a vacation.
Which payment option would you recommend?
Answer: all of the above
Explanation: if you pay with cash, or a debit card you won't have to rack up any debt and pay interest on it -- interest that will only add to the cost of your trip.
A credit card prevents your bank account from being accessed in case of fraud.
No matter what you do, all the options could work best for you in the end.
i believe your options choices was
pay cash for their vacationput the vacation on their credit card but pay the bill in full each monthuse a debit card for their vacationall of the aboveAnswer:
dont take his wfie
Explanation:
What is the Compare and contrast the various business types?
Five common types of business structures
Sole proprietorship.Partnership.Corporation.S corporation.Limited liability company.What are the differences of business types?
Five common types of business structures
Sole proprietorship.Partnership.Corporation.S corporation.Limited liability company.A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole owner. A sole proprietorship exists as a kind of business that exist owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone trader ship, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership. A partnership is a group of two or more persons who work together to conduct business or engage in commerce. Each individual provides something—cash, goods, labor, or skills—and shares in the company's gains and losses.A corporation is a collection of people or a business that has been given legal status as a single entity by the state and is used for specific legal purposes. Early corporations were created with a charter. Nowadays, the majority of governments permit the establishment of new corporations.To learn more about business types refer to:
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Businesses with a single legal owner are known as sole proprietorships. Partnerships are businesses that have two or more legal owners.
What are the form of business organization compare and contrast?In terms of the number of owners, liability, lifespan, decision-making, and taxation, compare and contrast the three business organization types—sole proprietorship, partnership, and corporation. Businesses with a single legal owner are known as sole proprietorships. Partnerships are businesses that have two or more legal owners.
Sole proprietorships, partnerships, limited liability companies (LLC), and corporations exists the four main types of businesses. Entrepreneurs should carefully consider which kind of business structure is best suited for their enterprise before starting a business.
The fact that co-op and other corporation owners share limited liability is one of the most striking similarities between the two types of corporations.
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During November Kobe Orr invested $300 in a new pet-sitting business Kobe's Cats.During its first month of operations Kobe's Cats performed services and billed customers $750 paid $150 for advertising and collected $500 from customers.Use the following tabular analysis to determine Kobe's Cats' Cash balance at the end of Novemberimg A)$1050 B)$900 C)$650 D)$350
Using tabular analysis, Kobe's Cats' Cash balance at the end of November is C) $650.
What is a tabular analysis?A tabular analysis is a quantitative analysis that uses a table to determine account balances.
Tabular analyses are also used to show the effects of transactions on the accounting equation and the accounts affected by each transaction.
Tabular analysis comes in handy in place of general ledger accounts in managerial accounting for analyzing accounts by showing data values in columns and rows.
Tabular Analysis:Cash Accounts Common Stock Retained
Receivable Earnings
1. $300 $300
2. $750 $750
3. -150 -150
4. 500 -500
Balance $650 $250 $300 $600
Transaction Analysis:Cash $300 Common Stock $300
Accounts Receivable $750 Service Revenue $750
Advertising Expense $150 Cash $150
Cash $500 Accounts Receivable $500
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What is an example of a fixed variable cost?
Answer: utility bill
Explanation: Fixed costs remain the same throughout a specific period. Variable costs can increase or decrease based on the output of the business. Examples of fixed costs include rent, taxes, and insurance. Examples of variable costs include credit card fees, direct labor, and commission.
I believe your options choices was
car payment: is a fixed expensesgym membership dues: variable expensesrent: is a fixed expensesutility bill: variable fixed expense.Types of ExpensesVariable expenses; Expenses that vary from month to month (electriticy, gas, groceries, clothing).
Fixed expenses; Expenses that remain the same from month to month(rent, cable bill, car payment)
Intermittent expenses; Expenses that occur at various times throughout the year and tend to be in large amounts(tuition payment, car repairs)
Discretionary; (non-essential) expenses.
Answer:
fixed
Explanation:
examples of report on how the agency regulates and enforces the protection of the financial markets.
on how the agency regulates and enforces the protection of the financial markets.
examples of reports on how the agency regulates and enforces the protection of the financial markets
The agency controls and enforces the financial markets' protection through the federal and state governments to control and monitor financial markets and corporations.
The agency controls and enforces the financial markets' protection These organizations each have a distinct set of responsibilities and duties that allow them to operate independently of one another while pursuing related goals. Although there are differing views on the effectiveness, efficiency, and even necessity of some of these agencies, each was created with a specific purpose in mind and is likely to remain in existence for a while. In light of this, that follows provides an overview of many of the regulatory agencies that are engaged in the American financial markets.
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Which of the following answer options are ways you can avoid power tool and equipment hazrds in your workplace?
Wear or workplace utilize personal protective equipment (PPE) or apparel that is suitable for the power tool work you are doing, such as gloves, safety boots or shoes, a face shield with safety glasses or goggles, hearing protection, dust masks, or rubber boots.
Employees should take the following general precautions to avoid risks related to the use of workplace power tools: By the rope or hose, never carry a power tool. To remove a cord or hose from a plug, never pull on them. Keep hoses and wires away from sharp edges, heat, and oil. the establishment of a secure workplace. The creation and implementation of safe working procedures.
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The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $ 9,343 $ 10,434 Net income $ 230 $ 748 Stockholders' equity $ 1,760 $ 2,240 Average Shares outstanding (in millions) 640 - Dividends per share $ 0.33 - Stock price $ 8.10 - Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Explanation:
The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data)
2021
Sales $ 9,343
Net income $ 230
Stockholders' equity $ 1,760
2020
Sales $ 10,434
Net income $ 748
Stockholders' equity $ 2,240
both:
Average Shares outstanding (in millions) 640
Dividends per share $ 0.33
Stock price $ 8.10
Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Dividend yield for 2021:
= Dividends per share / share price
= 0.33 / 8.10
= 2.72%
P/E ratio for 2021:
= share price / EPS
= 8.10 / (230/640)
= 22.54 mill
HELP PLS!!!!
Suppose an economy in which the banks keep 20% of the money of depositors and lend the other 80%. If the central bank prints additional notes with total value of $10000, the total amount of mediums of exchange increases in
Answer:
If the reserve ratio is 20% and the banks lend 80%, the total amount of mediums of exchange increases to $50,000.
How does the reserve ratio affect the money supply?A lowered reserve ratio decreases banks' required cash reserves, increasing their ability to extend credit to businesses and consumers.
As banks continue to increase the total currency in circulation through the mechanics of the reserve ratio requirement, the nation's money supply increases and the economy expands.
Required reserve ratio = 20%
Central bank mints = $10,000
Total money supply = $50,000 ($10,000/20%)
Thus, a reserve ratio of 20% increases the money supply from $10,000 to $50,000.
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Which of the terms below is NOT an element of Ed Schein's model of organizational culture?
a. Alternatives
b. Values
c. Artifacts
d. Assumptions
Alternatives are NOT a component of Ed Schein's corporate culture paradigm. Ed Schein's organizational culture model consists of three fundamental layers.
A scenario or proposition when there is only room for one choice among two or more options. In the event of inclement weather, we have backup plans. a different justification To get around the traffic, we used an alternate [=different] route. A different strategy for treating the illness is being developed by scientists. When something can be used, had, or done in place of something else, it is referred to as an alternative. Roadway blocked. Please take another path. But there is an alternative strategy. A broad definition of culture includes knowledge, beliefs, the arts, laws, customs, capacities, and habits of the people who belong to these groups in addition to the social behavior, structures, and norms that characterize human societies is called culture. A particular region or location is frequently where culture started or is credited.
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Suppose that the annual interest rate is 4.0 percent in the United States and 2.0 percent in Japan, and that the spot exchange rate is ¥115/$ and the forward exchange rate, with one-year maturity, is ¥110/$. Assume that an arbitrageur can borrow up to $1,000,000 or its equivalent in Japanese yen. If an astute trader finds an arbitrage opportunity, what is the arbitrage profit in dollars in one year? Group of answer choices $25,244 $11,000 $26,364 $1,250
$26,364 is the arbitrage profit in dollars in one year. As an arbitrageur can borrow up to $1,000,000 or its equivalent in Japanese yen. Hence, option C is correct.
What is profit?The term "profit" refers to the monetary gain realized when the income from a commercial operation outweighs the expenses, charges, and taxes related to operating that enterprise.
Profit is the amount of money that remains after all costs, obligations, sources of additional income, and operating costs have been considered. While a company's earnings are referred to by both revenue and profit, a company can generate revenue while yet experiencing a net loss.
Thus, option C is correct.
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What is a market?
A. A system that allows people or companies to buy and sell products and services
B. The number of companies willing to manufacture a specific product
C. The ability to buy production materials in large quantities and save on costs
D. A product's ability to satisfy a consumer
Please select the best answer from the choices provided
ΟΑ
OB
OC
OD
Describe the steps that you can take in the next 6 years to prepare for retirement. Please include how this investment will be nice
when you retire.
Answer: Planning for a happy retirement involves planning, the sooner the better.
Explanation: Planning for retirement is one of the important aspects of a working professional. People can have numerous reasons to plan for retirement, hence retirement needs may vary. Before planning for retirement it is important to have an idea of how much money needs to be saved at the time of retirement.
One can start planning for retirement by reducing dependencies, and cutting down unnecessary spending. A few of the important points which must be contemplated are;
1. Medical Needs.
2. Lifestyle goals post-retirement.
3. Changing Market returns.
Planning for investment also helps build a better investment discipline.
Which of the following best describes the supporting schedule used in a financial model?
The supporting schedule used in the financial model summarizes the company's profit and loss.
The choice is D. Financial models are employed when attempting to value a company or when contrasting one company with others in the same sector. numerous models that could lead to various outcomes.
A supporting schedule is a thorough itemization of an account's contents. When conducting an audit of a client's financial statements, auditors frequently use it as part of their examination of the client's accounting records.
Supporting schedules provide additional information about entries made as supplements to the balance sheet. They assist in providing a more thorough breakdown of broad categories of assets and liabilities.
The complete question is:
Which of the following best describes the analysis of financial statements and financial reporting?
A) The terms "financial reporting" and "financial analysis" both refer to how businesses present their financial performance.
B) Financial reports analyze an organization's historical performance to make predictions about its capacity to produce cash and profits in the future.
C) The goal of financial analysis is to give users all types of information about an entity's financial situation that they can use.
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On July 1, Wiggins Associates enters into a contract to provide consulting services to Pennsylvania University (PU). The contract is anticipated to last four months and is intended to achieve significant cost savings at the university. The contract stipulates that PU will pay Wiggins $27,000 at the end of each month, and, if total cost savings reach a specific target, PU will pay an additional $22,000 to Wiggins at the end of the contract. Wiggins estimates a 70% chance that cost savings will reach the target.
Assume that Wiggins estimates variable consideration as the expected value.
a. The preparation of the journal entry on July 31 to record the first month of revenue under the contract is as follows:
Journal Entry:Debit Contract Receivable $27,000
Credit Contract Revenue $27,000
To record the first month's contract revenue.Debit Cash $27,000
Credit Contract Receivable $27,000
To record the receipt on the contract receivable.b. Assuming total cost savings exceed the target, the preparation of the journal entry on October 31 to record receipt of the $22,000 bonus (ignore the normal October payment of $27,000) is as follows:
Journal Entry:Debit Cash $22,000
Credit Contract Bonus $22,000
To record the receipt of a contract bonus.c. No Journal Entry is required.
What is a journal entry?A journal entry is a record of a business transaction as they occur on a daily basis.
Transaction Analysis:a. Contract Receivable $27,000 Contract Revenue $27,000
Cash $27,000 Contract Receivable $27,000
b. Cash $22,000 Contract Bonus $22,000
c. No Journal Entry is Required
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Question Completion:a. Prepare the journal entry on July 31 to record the first month of revenue under the contract.
b. Assuming total cost savings exceed the target, prepare the journal entry, if any, on October 31 to record receipt of the $22,000 bonus (ignore the normal October payment of $27,000).
c. Assuming total cost savings do not reach the target, prepare the journal entry, if any, on October 31 to record failure to receive the $22,000 bonus (ignore the normal October payment of $27,000).
Economic resources are also known as?
Services are "products" in a general sense, but have special characteristics and marketing needs. Select a traditional product brand like Nike or Toyota, then select a service brand like JetBlue or Starbucks. Compare the two. How are the characteristics and marketing needs of the product and service brands similar? How are they different? How are these differences reflected in each brand's marketing strategy?
To compare and contrast two service and product brands let's choose Nike and Starbucks. Marketing needs are similar in the central objective of creating value for the consumer.
Regarding the differences, one can relate the scope of the business and the communication, production and commercialization strategies.
How is each brand's marketing strategy?Nike and Starbucks are two multinational brands with strong market appeal. While Nike seeks a marketing strategy using celebrity endorsements to generate value for its sports products, Starbucks is based on creating value through the consumer experience, with employees being central elements of this process, in addition to the environment aligned with the concept.
Therefore, Nike and Starbucks are large companies with a loyal consumer audience that was conquered with strong marketing appeal and focused strategies to transform the consumer experience positive and aligned with consumer needs.
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Materials used by the Instrument Division of XPort Industries are currently purchased from outside suppliers at a cost of $351 per unit. However, the same materials are available from the Components Division. The Components Division has unused capacity and can produce the materials needed by the Instrument Division at a variable cost of $291 per unit.
a. If a transfer price of $319 per unit is established and 25,600 units of materials are transferred, with no reduction in the Components Division's current sales, how much would XPort Industries’ total income from operations increase?
$fill in the blank 1
b. How much would the Instrument Division’s income from operations increase?
$fill in the blank 2
c. How much would the Components Division's income from operations increase?
$fill in the blank 3
Based on the transfer price, the number of units transferred and the variable cost, the increase to the total income from operations is $1,536,000
The increase to the total Instrument Division income from operations will be $819,200
The increase to the Components Division's income would be $716,800
How to find the increase in income?The increase in the total income from operations to XPort Industries can be found by the formula:
= (Price from outside supplier - Price in division) x Number of units of materials that are transferred
= (351 - 291) x 25,600 units
= 60 x 25,600 units
= $1,536,000
The increase to Instrument Division income from operations is:
= (Price from outside supplier - Transfer price) x Number of units of materials that are transferred
= (351 - 319) x 25,600 units
= $819,200
And the increase to Components Division's income is:
= (Transfer cost - Variable cost) x Number of units of materials that are transferred
= (319 - 291) x 25,600 units
= $716,800
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Jones Company started the year with no inventory. During the year, it purchased two identical inventory items at different times. The first purchase cost $1,220 and the other, $1,580. Jones sold one of the items during the year.
Required
Based on this information, how much product cost would be allocated to cost of goods sold and ending inventory on the year-end financial statements, assuming use of
FIFO?
LIFO?
Weighted average?
FIFO, LIFO, Weighted average
cost of good sold ....... ...... ...............
ending inventory ........ ........ ....................
spreadsheet form left to right says FIFO, LIFO, Weighted average. up to down cost of good sold , ending inventory. chart needs to be fill with 6 black spots what would the answers be for this question above. where the dots are where the blacks are to fill in the question
I had gotten 1220 1580 1200
1580 1220 1900
would that be the correct answer or did i do something wrong?
1. Based on this information, the product costs that would be allocated to the cost of goods sold and ending inventory on the year-end financial statements, using FIFO are:
Cost of goods sold $1,220
Ending inventory $1,580
2. Based on this information, the product costs that would be allocated to the cost of goods sold and ending inventory on the year-end financial statements, using LIFO are:
Cost of goods sold $1,580
Ending inventory $1,220
3. Based on this information, the product costs that would be allocated to the cost of goods sold and ending inventory on the year-end financial statements, using the Average Weighted Method are:
Cost of goods sold $1,400
Ending inventory $1,400
What are FIFO, LIFO, and Weighted Average Methods?FIFO means First-in, First-out, based on the assumption that goods sold are the first to be bought.
LIFO means Last-in, First-out. Unlike FIFO, LIFO assumes that goods sold are the last to be bought.
Weighted Average is an inventory costing method that weighs and divides the total cost by the number of units for the review period and allocates the costs to ending inventory and the cost of goods sold, accordingly.
First Purchase of 1 unit = $1,220
Second Purchase of 1 unit = $1,580
Total cost of purchases = $2,800
Average cost = $1,400 ($2,800/2)
Sales = 1 unit
FIFO LIFO Weighted average
Cost of goods sold $1,220 $1,580 $1,400
Ending inventory $1,580 $1,220 $1,400
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Jane is a customer service manager. She has been collecting information about customers and their experiences at her place of work for the past six months. She has noticed that consumers are interested in more online options so she hired a web developer to expand the company Web site. What has Jane used to improve customer experiences? Performance Based Evaluation (PBE) Performance Based Evaluation (PBE) Customer Satisfaction Analysis (CSA) Customer Satisfaction Analysis (CSA) Customer Relationship Management (CRM) Customer Relationship Management (CRM) Key Performance Indicators (KPIs)
The tool that allowed Jane to notice that consumers are interested in more online options and made her to hired a web developer to expand the company Web site is known as Customer Satisfaction Analysis; this analysis thus, helped her to improve customer experiences.
What is a Customer Satisfaction Analysis?Basically, the Customer Satisfaction Analysis stemmed from the measurement of Customer satisfaction which helps to determines how happy customers are with a company's products, services, capabilities etc.
The analysis often uses a data collected through a survey or questionnaire to identify behaviors that lead to happy or unhappy customers. Through these analysis, firms may spot trends causing dissatisfaction and implement changes to retain current customers.
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