On December 18, Intel should record a debit to cash for $247,000 and a credit to accounts receivable for the same amount of $247,000. This entry records the customer's payment towards the cash sale of computer chips.
On January 23, Intel would record a debit to cost of goods sold for $1.47 million, a debit to accounts receivable for $2.47 million, and a credit to inventory for $1.47 million. This entry will record the cost incurred to produce the computer chips and the transfer of the chips from inventory to accounts receivable. This perpetual inventory system allows any company to continuously tracking the inventory level, so the cost of the chips is recognized when they are sold.
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arborview plant science company has invented a drought resistant grass seed that only needs watering three times each year. in order to expand distribution world wide, the company whose product produces lush green foliage needs a large amount of funding - fast! the handful of seed scientists that own the company decides to offer shares of stock to general investors. this first-time offering is a(n): a.broad based offering (bbo). b.stock fund offering (sfo). c.initial public offering (ipo). d.stock equity commission (sec).
Correct choice is initial public offering.
Initial public imparting (IPO) An initial public providing occurs when a enterprise presents inventory for sale to the public for the first time. Seasoned equity imparting (SEO) The sale of extra shares of stock through a enterprise who shares are already publicly traded.
What is the purpose of an preliminary public offering IPO?
An IPO permits a corporation to increase equity capital from public investors. The transition from a personal to a public employer can be an necessary time for private investors to totally realize features from their funding as it commonly includes a share top class for present day non-public investors.
For example, a listed organization with 8 million shares exceptional can offer to the public some other two million shares.
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https://brainly.com/question/15738101#SPJ4what is a measure that evaluates the activities individuals prefer to do both on and off the job? interest inventory
Interest inventory is a measure that evaluates the activities individuals prefer to do both on and off the job.
An interest inventory used for career evaluation is the Strong Interest Inventory. Career assessments can therefore be applied in career counselling. In order to help a person choose an acceptable professional path for themselves, this evaluation aims to provide insight into a person's interests. Interest inventories examine a person's personality, favourite pastimes, and likes and dislikes. Then they compare these traits to those of persons who are already employed in particular professions. Career interest inventories are assessment tools created to assist students in better understanding who they are and the types of occupations that would be a good fit for them based on their interests.
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how would flexible exchange rates in the foreign exchange market impact fiscal and impact monetary policy?
Flexible exchange rates provide the framework for effective monetary policy focused on a medium term inflation target. The exchange rate regime enhances the power of monetary policy to moderate business cycle fluctuations and the output gaps they create.
bendy alternate charges may be defined as change prices decided with the aid of global delivery and demand of currency. In other phrases, they're charges of foreign exchange determined by means of the marketplace, that may rapidly trade because of supply and call for, and aren't pegged nor managed by way of significant banks. bendy exchange fee machine is the change machine where the exchange price relies upon the deliver and call for of money inside the marketplace. In a bendy trade rate device, the cost of the currency is authorized to differ freely as per the changes in the demand and delivery of the foreign exchange.
Currencies with floating exchange prices may be traded without any restrictions, not like currencies with fixed exchange fees. despite the fact that the floating exchange rate isn't always totally decided with the aid of the authorities and relevant banks, they could intrude to keep the currency at a good rate for international change.
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frito-lay recognizes that its tortilla chip products are partial substitutes for one another. its bean and cheese dips and salsa sauces complement its tortilla chips. frito-lay uses this knowledge to set prices for each item in order to ensure that the entire line is profitable. this pricing strategy is known as .
frito-lay uses this knowledge to set prices for each item in order to ensure that the entire line is profitable. this pricing strategy is known as product-line pricing.
In order to give consumers different perceptions of different quality levels, product line pricing entails categorising costs for goods and services. While both terms refer to the same procedure, you may also hear product line pricing or price lining used. Product-line pricing includes strategies such as offering a product at a discount or below cost to draw customers in and encourage additional purchases. A restaurant might, as an illustration, provide a low-cost entrée in exchange for the purchase of a drink and dessert, which have larger profit margins. A company's product line is any specific good or service it produces and sells to clients. A food company can increase the diversity of its product family by expanding its product line by introducing a number of different, related or comparable products.
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a car rental company only offers executive and standard cars. an executive car is priced at $130 while a standard car is priced at $65. suppose that the executive (full-fare) class demand is uniform between 20 and 60 cars. (a) what is the booking limit for standard (discount fare) customers if the rental company has 100 cars? [ select ] (b) what is the booking limit for standard (discount fare) customers if the rental company has 30 cars?
Your reservation may be extended for a fee for a maximum of 12 hours. Approximately 30% of the current minute fee is spent on the extended reservation. Rental Reservation System (RRS).
What is demand?The quantity of a good that consumers are willing and able to buy at different prices during a specific time is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand. Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences and disposable money. A good's possible pricing and the quantities that would be bought at those prices make up the fundamental link between supply and demand. The relationship is often negative, which means that a rise in price will result in a fall in the quantity demanded. The consumer demand curve's decreasing slope is a physical representation of this negative relationship.
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only goods and services are included in the estimation of nominal gdp, the dollar value of output produced in an economy. t or f
Only goods and services are included in the estimation of nominal GDP, the dollar value of output produced in an economy - True
When we discuss nominal gross domestic product, we're referring to GDP that has been determined using current market prices. The value of all the commodities and services a country generates is gauged by its GDP. The distinction between nominal and real GDP is that the former does not take inflation-related price fluctuations into account.
A measure of economic output in an economy that accounts for current prices is called nominal GDP. Since neither inflation nor the pace of price rises are taken into account, the growth rate may be overstated. Nominal GDP is calculated using the prices that were actually paid for all goods and services during that year.
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Which employee is NOT closely
associated with operational expenses in
business?
A. Human Resources Generalist
B. Production Floor Assistant
C. Administrative Assistant
D. Office Adminstrator
A generalist in human resources is not primarily responsible for operational costs in a corporation.
What are resources?All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability:
The Human Resource Generalist is responsible for managing the day-to-day operations of the Human Resources (HR) division, including recruiting and interviewing new hires, processing payroll, handling benefits and leave requests, and enforcing business regulations and procedures.
An HR generalist is an all-rounder who handles everything from hiring to payrolling to employee benefits, whereas an HR specialist specializes in the fundamentals and processes of HR
Therefore, Thus option (A) is correct.
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Which of the following is the best definition of the opportunity cost of a decision? he difference between the benefits of the first and second best choices
Time spent due to the decision
The sum of all benefits from all foregone alternatives
Actual financial cost of the decision
Benefits from the best foregone alternative
Benefits from the best foregone
The best definition of the opportunity cost of a decision is: Benefits from the best foregone alternative.
What is opportunity cost?This refers to economic term for expressing cost, in terms of foregone alternative. it is the cost of something that has to be given up to enjoy something better. This can be for example the benefits of second best alternative.
In other words, it is that limited resources, the purchaser of goods has to choose between mutually exclusive alternatives. Therefore, one item does not get procured due to the choice and limited resources. Something needs to be given up in order to procure something else.
Opportunity cost is the loss or the benefit that could have been enjoyed if the alternative choice was chosen.
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Pam always drives under the speed limit to her risk and keep insurance costs down. even so, she got into an accident and filed a to cover the expenses of repairing her car. one of the costs of doing so was that her insurance would likely increase in the future.
1. reduce2. claim3. premiums
In order to lower her risk and her insurance costs, Pam always drives inside the speed limit.
How would you define insurance?Describe insurance. Insurance is a tool for risk management. When you buy insurance, you get protection from unforeseen financial losses. If something unfavourable occurs, the insurance provider reimburses you or a different person of your choice.
What benefits does insurance provide?All insurance policies achieve the fundamental objective of protecting the insured against disaster by enlisting the help of numerous individuals who are willing to pay a fee in exchange for taking on their risks. The foundation is also utilised to invest in the markets and raise money.
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34 . after closing entries have been posted . a. all temporary accounts will have a zero balance b. all permanent accounts will have a zero balance c. only temporary accounts carry balances d. none of the statements are correct
The balances of the temporary accounts will be 0 after closure entries have been posted.
Following the posting of closing entries, what happens?Closing entries are the journal entries that are used to move the balances from these temporary accounts to permanent accounts. The temporary account balances will appear in the retained earnings after the closing entries have been made (a capital account).
After closing entries have been posted, what should you prepare?Following the closing entries
In order to ensure that the debits and credits are equivalent, we will create a trial balance as before. Now, the only distinction is that only the permanent accounts that have balances should be present when you review the ledger to check for any discrepancies.
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describe the likely effect on the yield to maturity of a bond resulting from an increase in the issuing firms's times-interest-earned ratio?
The Yield to maturity is the bond for the issuer is affected when there is an increase in the firm's debt-to-equity ratio.
The firm's times interest earned ratio is defined as the ratio of earnings before interest & taxes to the payments of interest made by the business.
Yield to maturity (YTM): it is the total return anticipated on a bond if the bond is held until it matures. It is considered a long-term bond yield but is expressed as an annual rate. We can also say that it is the internal rate of return (IRR) of an investment in a bond if the investors hold the bond until maturity, with all the payments made as scheduled and reinvested at the same rate.
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lemon co. has net income of $600,000 and 65,000 shares of stock. if the company pays a dividend of $1.42 per share, what are the additions to retained earnings?
The returns that shareholders can anticipate from the corporation are known as dividends. Only in exceptional cases when a dividend must be paid out of capital are dividends ever paid from earnings.
The balance that remains after dividend payments is added to retained earnings.
The computation of the addition to retained earnings is as follows:
Total dividends to be paid are:
Dividends total = 65,000 divided by 1.42
Dividends in whole came to $ 146,200.
$600,000 total annual income
146,200 less was paid in dividends.
$633,800 extra on top of retained profits
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which erisa rules prohibit employers from designing retirement plans to benefit highly-paid employees disproportionately over other employees?
Employers are prohibited from creating retirement plans that unfairly favor highly paid employees over lower paid employees by non-discrimination laws.
In accordance with funding regulations, employers of so-called "defined benefit" plans are required to make a minimum funding contribution in order to cover their future pension obligation to employees for retirement plans.
A plan trustee must be chosen in order to adhere to the fiduciary duty standards and make decisions on the plan in the best interests of the employees.
To prevent employers from making unduly substantial tax-deductible contributions, which would significantly lower their taxable income, contribution limits are established under ERISA (remember, the government needs to collect taxes to run).
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if a brand is included in a consumer's evoked set, which marketing strategy is not appropriate? maintenance strategy intercept strategy capture strategy preference strategy all of the above are appropriate
If a brand is included in a consumer's evoked set, an intercept strategy marketing strategy is not appropriate.
primary consumers, secondary consumers, tertiary consumers or ultimate consumers are different types of consumers. These types are according to the trophic level to which they belong.
A consumer is a person or group who intends to order or use purchased goods, products, or services primarily for personal, social, family, domestic, and similar needs that are not directly related to business or entrepreneurial activity. Consumers are people or organizations that purchase products or services. The term also refers to the rental of goods and services. They are people or other economic entities that use a good or service. Besides, they don't sell the goods they bought.
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who is most likely to have a working knowledge of the various erp systems that are in use in the company?
Internal auditors are the ones who are most likely to be familiar with the various ERP systems used by the organisation. Hence, Option C is correct.
Internal auditors look over and evaluate firm files and financial information. They pinpoint problems like data inaccuracies, dangers, and compliance worries. They examine all the documents covered by their audit and look into any issues they uncover.
An independent internal auditor is a member of the accounting profession who evaluates the effectiveness of an organisation's internal control framework. The typical internal audit position adheres to a standard 40-hour work week.
An internal auditor's workload could expand though if they are getting ready for inspections or sizable external audits. Internal auditors might also be required to work longer hours during certain times.
Therefore, Option C is correct.
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The complete question has been attached in text form:
Who is most likely to have a working knowledge of the various ERP systems that are in use in the company?
A. Chief executive officer
B. External auditor
C. Internal auditor
D. IT staff
in which type of organization do managers spend a lot of time coordinating and controlling the network of contractors and strategic alliances?
The management of a network of contractors and strategic relationships takes up a significant amount of time in network organizations.
A network organization is a type of company where personnel are organized into small, multidisciplinary teams that collaborate on their own to accomplish shared objectives. The organization does not rely on the conventional top-to-bottom supervisory processes under this kind of arrangement. In a network organizational structure, specific staff categories are grouped together based on a shared speciality.
These staff members then team up with other professionals from throughout the company to take on new tasks and advance a common objective. The well-known brand H&M (Hennes & Mauritz), which has supporters all over the world, is an example of a company that has been exploiting network structure. H&M has contracted with many nations, mostly those in Asia and South East Asia, to produce and process their products.
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ronaldo receives a schedule k-1 from a family business that he does not actively participate in. on it, he shows interest income of $245 and dividends of $681. the schedule k-1 also includes $275 in annuities. ronaldo also has a passive loss of $1,721 from another business. can he offset the loss with the schedule k-1 income?
The correct answer is Option A that is No, he cannot offset passive losses using investment income unless there is enough gain to wipe the loss out completely.
K-1s are provided to the IRS along with corporate tax returns and to all partners so they can add information to their tax returns.
For businesses that operate as a partnership, it is the partnership that is usually responsible for paying taxes on the business' income, not the business. Each partner is responsible for filing a tax return to report their income, losses, deductions and tax credits that the business has reported on the 1065 tax return. Therefore, the partnership must prepare a Schedule K-1 to report each partner on this tax.
It is not possible for Ronaldo to offset the loss using the income from the investment unless there is sufficient gain to wipe out the loss entirely.
It is possible to offset the loss using the income from the investment only when there is sufficient gain through which loss occurred wipe out entirely. Ronaldo also has a passive loss of $1,721 from another business so it is not possible to offset the loss with the schedule k-1 income.
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Complete Question:
Ronaldo receives a Schedule K-1 from a family business that he does not actively participate in. On it, he shows interest income of $245 and dividends of $681. There is also $275 in annuities. Ronaldo also has a passive loss of $1,721 from another business. Can he offset the loss with the Schedule K-1 income?
A. No, he cannot offset passive losses using investment income unless there is enough gain to wipe the loss out completely.
B. Yes, he can offset $926 of the loss using the interest and dividends, but not the annuities.
C. No, he cannot offset passive losses with portfolio income.
D. Yes, he can offset $1,201 of the loss using the investment income.
which two types of ads are placed in the middle of magazine pages and surrounded by editorial matter?
Junior units and island halves are placed in the middle of magazine pages and surrounded by editorial matter
Advertising sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event. Some others consider the concept to be far broader than that, including any sort of sponsored advertisement intended to inform or influence.
A strong marketing technique, advertising can help you draw in people, educate them about your goods, and gain their trust. Most businesses employ some form of advertising to help them market their goods and services.
Advertising is a form of promotional activity that targets a specific audience in an effort to increase interest, engagement, and sales for a good or service. It aims to influence customers to purchase that in a particular manner.
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with joint costing, when deciding whether to sell at the split-off point or to process further, are the joint costs relevant to that decision?
Determining what to do with the product after the point of split-off requires consideration of the shared costs.
Relevant costs are those costs that can be avoided if an organization discontinues a given product line and provide crucial information about the profitability and efficiency of that product line.
Determining what to do with the product after the point of split-off requires consideration of the shared costs. These costs, however, are irrelevant when selecting whether to sell a product or continue processing it because they cover every expense associated with these products, from their purchase through their manufacture. If the corporation uses joint costs to make decisions, then they will be irrelevant.
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a married taxpayer, age 48, received the following in year 1: interest earned on federal treasury bills $ 1,000 interest earned on municipal bonds 2,500 interest earned on state income tax refund 50 interest earned on series ee savings bonds, used to help pay for room and board for dependent in college 1,500 given these facts, what total amount from the above should be included in gross income on the taxpayer's year 1 tax return?
Gross income is the aggregate sum of pay an individual or organization has procured before derivations against that pay. Gross pay is determined as the aggregate sum of income acquired before deducting costs like expenses, interest, and charges.
your monthly salary before charges or the number of hours you will work in a given month is duplicated by your time-based compensation rate.
The aggregate sum from the above ought to be remembered for gross pay on the citizen's year assessment form:
Given underneath:
= interest earned on federal treasury bills = $ 1,000
= interest earned on state income tax refund = $50
= interest earned on series on savings bonds = $1,500
= interest earned on municipal bonds = Exempt
= Total amount included in Gross income = $1500
Hence gross income is $1500.
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4) refers to the stages a product goes through. a) marketing intermediary b) test marketing c) brand insistence d) product life cycle
Marketing intermediaries are independent companies that help the movement of goods and services from producers to end consumers;
These include agents, wholesalers, and retailers; Marketing agencies; physical distribution companies; and financial institutions. It is also called an intermediary. Test marketing is a method of studying consumer reactions to a product or marketing campaign by making it available in the market for limited testing before a wider release.
Brand insistence means that a customer is completely loyal to a particular brand. The product life cycle consists of four stages: introduction, growth, maturity, and decline. Many products are still in a long-term maturation phase.
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which service traditionally found in a central business district (cbd) is the most likely to still be located there today?
Advertising, banking, and finance are just a few of the services that are still most likely to be found in the central business district (CBD).
The business hub of a metropolitan area is known as the CBD, or Central Business District. It houses the majority of the city's stores, workplaces, and financial institutions. Typically, it is the city's most accessible area.
A sizable portion of urban regions' public, commercial, and consumer services are located in the CBD.
A CBD primarily serves to give businesses a concentrated and centralized location in which to operate. This explains why a CBD frequently has a concentration of office buildings, banks, and other companies. Retail establishments, dining establishments, and various types of entertainment can all be found in a CBD.
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the emphasis of economic benefits of logging, grazing, and mining on public lands comes from the philosophy of utilitarian conservation or
The emphasis on the financial advantages of mining, grazing, and logging on public lands stems from the utilitarian conservation school of thought.
The forestry and forest products sectors are significant employers in California. In the rural areas of the state, where timber is converted into goods like lumber, forestry and logging are a significant source of employment. Manufacturing downstream forest products, which use primary forest products like lumber to make homes, cabinets, and furniture, is also profitable. Manufacturing of forest products contributes significantly to California's economy, helping both rural and urban areas of the state as well as the state's forests to remain healthy.
This analysis offers an assessment of the direct economic advantages of present forest management practices and associated forest product industries, including those that help urban areas as well as rural, forest-dependent people.
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assume that at one point a business sells shelving for a price of $40 each, which cost $10 to produce (variable costs). the business's fixed expenses for the period are $3,000. what is the break-even point?
Let's say a company formerly offers shelving for $40 per, with a $10 production cost (variable costs). The company's $3,000 fixed costs during the time period. 100 units are needed to the break-even point.
Numerous aspects of business and finance make use of breakeven points. It is the output level when total production income and total production expenses are equal in accounting terms. The breakeven point in investment is the moment when the initial cost and the market price are equal.
In this case, there are $2,000 in fixed costs, $20 in unit costs, and $10 in variable costs. After rearranging the formula and accounting for a breakeven point net profit of zero dollars, we discover that the breakeven point quantity is equal to the fixed costs divided by the difference between the variable cost and unit price.
Thus, $3,000 / ($40/unit - $10/unit) = 100 units at the break-even point.
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if a firm operates production plants in different countries but makes no attempt to integrate its overall operations, the company is known as a(n) firm.
If a firm operates production plants in different countries but makes no attempt to integrate its overall operations, the company is known as a multi domestic firm.
A corporation, often known as company, is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two. Members of the company work together for a shared cause in order to accomplish clearly stated objectives. Companies come in many shapes, including: voluntary associations, such as nonprofit organizations, for-profit companies, banks, and programs, or educational institutions, whose goal is to make a profit. So that the company itself has limited liability as members fulfill or fail to fulfill their obligations in accordance with the publicly stated incorporation, or published policy, a company may be established as a legal entity. It may be necessary to liquidate a firm after it closed in order to discharge any outstanding debts. A company is a "artificial person" with a common seal, perpetual succession, and a discrete legal personality that was founded by or pursuant to law. Companies are unaffected by the death, insanity, or insolvency of a specific member, with the exception of some senior positions.
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your electric bill is $134. you are charged 8% simple interest for late payments. how much do you owe if you pay the bill 3 months past the due date? (round your answer to two decimal places.)
After solving, $2.68 we owe if you pay the bill 3 months past the due date.
In the given question, our electric bill is $134.
We are charged 8% simple interest for late payments.
We have to find how much simple interest is due if you pay the bill 3 months past the due date.
We know that
S.I.=P×R×T/100
Here P = $134
R = 8% p.a.
T = 3/12years
So S.I. = 134×8×(3/12)/100
S.I. = 2.68
Hence, $2.68 we owe if you pay the bill 3 months past the due date.
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choosing to manufacture in china to sell to chinese customers would likely involve which location decision consideration?
Choosing to manufacture in china to sell to chinese customers would likely involve proximity to market of location as decision consideration.
The importance of business site selectionIf you are in a business condition that has intense competition, the location selection factor becomes the main important component so that the business being run can also compete effectively, it is necessary to have a strategic business location that is easily accessible to consumers. The location selection accuracy is one of the factors that determine the success of a business. Entrepreneurs always have careful consideration of location before opening a business. It is possible that even service businesses must have a location close to customers in order to provide excellent service to customers so that relationships with customers can be maintained properly.
The right business location is expected to meet the expectations of entrepreneurs to attract consumers in order to gain profits and vice versa if there is an error in choosing a location it will hinder business performance and automatically the maximum profit will not be felt by the entrepreneur. Thus, choosing a business location that is close to the target market and the availability of adequate infrastructure is a strategy that can also make it easier for consumers to get the product/service they want.
Several factors that influence the choice of business location, namely the community environment, natural resources, labor, proximity to markets, transportation facilities and costs, land for expansion, and power generation.
The decision to determine the location usually also depends on what type of business the entrepreneurs have. For example, for entrepreneurs who choose locations close to industrial locations, they have a strategy to minimize the company's operational costs, while for locations close to warehouses, entrepreneurs think that operational costs can be reduced and delivery speed maximized.
Behind this determination is a location determination strategy that business owners must know in order to maximize profits at their location in the future. Different types of companies, different factors will be considered in choosing a location.
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a marketing firm finds that a frozen dinner advertised as 95% fat free sells better than one marketed as having only 5% fat. what phenomenon does this most clearly illustrate?
The phenomenon that is given here most clearly illustrate framing effect.
What is framing effect?The framing effect is a cognitive bias in which people choose options based on whether they are presented with positive or negative connotations, for example, as a loss or a gain.
People tend to avoid risk when presented with a positive frame, but seek risk when presented with a negative frame.
The framing effect is a cognitive bias in which an individual's choice from a set of options is influenced more by the presentation than by the content of the relevant information.
According to the marketing firm, a frozen dinner advertised as 95% fat free sells better than one advertised as having only 5% fat, which basically describes framing effect.
Thus, the phenomenon described here best exemplifies the framing effect.
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powers company reported net sales of $1,340,000, average accounts receivable, net of $64,500, and net income of $56,975. the accounts receivable turnover ratio is:
For Powers Company, the accounts receivable turnover ratio is 20.8%.
What Is Turnover Ratio?The turnover proportion or turnover rate is the rate of a common finance or other portfolio's possessions that have been supplanted in a given year (calendar year or whichever 12-month period speaks to the fund's financial year).Higher turnover rates cruel expanded support costs, which can diminish the fund's in general execution.Higher turnover rates can moreover have negative assess results. Reserves with higher turnover rates are more likely to bring about capital picks up charges, which are at that point conveyed to financial specialists.How do I calculate the turnover ratio?The given data is,
Net sales =$1,340,000
Average accounts receivable=$64,500
Net income=$56,975
Turnover ratio= Net sales/ Average accounts receivable
=1,340,000/64,500
=20.8 times.
For Powers Company, the accounts receivable turnover ratio is 20.8%.
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by making exchange ________, money allows for ________ and higher ________.
By making exchange easier, money for specialization and higher productivity.
There would be less productivity, performance, progress and less specialization without money in the economy. Therefore, money can be less produced from the same quantity of resources if the proper system of exchange does not exist. Money allows the specialization and brings higher productivity and performance in the economy. Hence, money allows us to use our scarce resources wisely and produce higher with the same resources.
In addition, by making the money exchange easier in the economy, money allows for specialization and higher productivity.
The complete question is given below:
"
by making exchanges ________, money allows for ________ and higher ________.
easier;
specialization;
costs. harder;
generalization;
productivity.
"
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