Answer:
11.34%
Explanation:
Computation for the annual cost of factoring to the company
Annual factoring expenses=43,388/($450,000*85%)
Annual factoring expenses = 43,388/382,500
Annual factoring expenses = 0.1134*100
Annual factoring expenses= 11.34%
Therefore the annual cost of factoring to the company is 11.34%
Roster Co. adjusts its Allowance for Doubtful Accounts at year end. The general ledger balances for the Accounts Receivable and the related allowance account before adjustment were $1,500,000 and $45,000, respectively. Roaster estimates its necessary balance in its Allowance for Doubtful Accounts as 4% of the Accounts Receivable balance. What amount should Roaster record as an adjustment to its Allowance for Doubtful Accounts at year end
Answer:
"$15,000" is the appropriate answer.
Explanation:
Debts opening balance,
= $45,000
According to the question,
The allowance to be created for the doubtful accounts will be:
= [tex]1500000\times 4 \ percent[/tex]
= [tex]1500000\times 0.04[/tex]
= [tex]60,000[/tex] ($)
hence,
The balance amount to be created will be:
= [tex]60000-45000[/tex]
= [tex]15,000[/tex] ($)
A(n) _____ is a problem-solving strategy that involves following a specific rule, procedure, or method that inevitably produces the correct solution.
Answer:
I think the answer is
An Algorithm is a problem-solving strategy that involves following a specific rule, procedure, or method that inevitably produces the correct solution.
Which of the following statements about oligopoly is FALSE: A. Oligopolies have a tendency to collude and form cartels in order to split monopoly like profits B. Oligopolistic markets under collusion are socially inefficient (create deadweight loss) C. If two firms are in a collusion and Firm 1 violates the agreement by lowering the price, Firm 1 will increase its own profit but overall profit in the industry will go down D. All of the above statements are true
Answer: D. All of the above statements are true
Explanation:
Oligopolies exist in markets where supply is not saturated so they tend to form cartels where they can collude and charge a higher price to consumers so as to make more profits. Like a monopoly, this would lead to a deadweight loss because the urge to be competitive goes away and the market becomes socially inefficient.
In such a market, some firms will be tempted to break the cartel agreement and charge a lower price so as to gain market share. They stand a good chance of doing so in the short term but the other companies will react by reducing their prices as well which would reduce profits for the whole industry.
Which of the following is NOT one of the four components of the business process
Answer:
mark me as the brainliest plss
What information does a person need to know before renting an apartment?
O The salaries earned by the building employees.
O If electricity is included in the rent of the apartment.
O The property taxes on the building that are paid by the owner.
o If the apartment building has a mortgage.
Answer:2
Explanation:
2
A business-level strategy is: a. a marketing and positioning program designed to explain a business to its customers. b. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market. c. the actions the firm takes by selecting and managing a group of different businesses competing in different product markets. d. a set of actions and commitments through which the firm sells its products outside of its domestic market.
Mary is shopping in Joe's Hardware Store when a nail gun in use by Oscar, one of the store's employees, fires without warning and hits Mary in the leg. Joe checks the gun and discovers that it was assembled improperly. Mary files a suit against Nail Gun, Inc., the maker of the gun, on the ground of strict product liability. What are the elements for an action based on strict product liability
Answer:
There are several elements that Mary has to prove regarding strict product liability, although most of them are related to each other:
product is defective: it shot by accident, not because Oscar shot it the manufacturer distributes the productthe product was dangerous because it was defective (related to 1)Mary was harmed the product's defect is responsible for harming Marythe product wasn't altered by a third partyWhich of the following is an example of internal compliance?
A. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
B. A hospital's staff members participate in state-mandated training
sessions every year.
C. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
O D. A publishing company prevents its employees from using office
computers for personal use.
Answer:
D. A publishing company prevents its employees from using office computers for personal use.
Explanation:
An internal compliance can be defined as certain strategic measures adopted or put in place by an organization (company) within its own business by setting rules and standards, best practices, internal procedures, establishing policies and maintaining a level of quality so as to successfully achieve its aim, goals and objectives.
Basically, it comprises of specific business ethics or code of conduct that employees working in an organization must completely adhere to or strictly follow at all times. Also, it is often referred to as human resource (HR) compliance.
Hence, an example of internal compliance is the situation in which a publishing company prevents its employees from using office computers for personal use.
Answer:
D. A publishing company prevents its employees from using office computers for personal use.Explanation:
Benefits for organizations that successfully implement supplier relationship management can include
Answer:
1. More market speed
2. Reduced costs
3. better and Improved quality
Explanation:
A supplier relationship management can be explained as the process of knowing those suppliers that are really important to the growth of a business and putting into place, a system that would help in the managing of existing relationships with these important suppliers.
Organizations that are able to fully implement such relationships enjoy benefits such as
1. increased speed to the market
such relationships can help to remove delays that are caused by supply chains
2. They enjoy reduced costs
product sampling, contract negotiation, sampling of new suppliers could take a lot of time as well as money. Mistakes could even be made
3. They also enjoy quality items from the suppliers
Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs are $63,000. What is the break-even point measured in sales dollars
Answer:
The break-even point measured in sales dollars is $8
14 Write any five differences between partnership
and Joint stock company
here's your answer..
Which of the following is NOT an example of using the right words?
A. Avoid slang.
B. Choose words the average person will understand.
C. Use lots of technical terms.
D. Stay away from jargon.
Answer:
i think d it might not be right
Explanation:
Answer:
C: use lots of technical terms
Explanation:
A is correct; slang isn't used for formal papers. B is also correct; when you're writing to someone, you don't want to use complicated words that they may not understand. D is also correct; jargon is complicated vocab used in a field, and many people don't understand it. C is incorrect, however; technical terms people may not understand.
QUESTION 6 Clyde is self-employed and has been for many years. His business receives financial information from his clients, analyzes it and makes useful reports from it. He prepares financial statements for his clients in accordance with generally accepted accounting principles so they comply with the law, but also so they can be understood and relied on by government agencies, lenders, stockholders, employees, suppliers and others who may need to access their financial information. What function is Clyde performing for his clients
Answer: accounting
Explanation:
Since we are given the information that Clyde receives financial information from his clients, analyzes it and then makes useful reports from it. This shows that he's performing an accounting function.
One who performs accounting functions will also prepare financial statements for clients which will be in accordance with generally accepted accounting principles.
Maya deposits $500 in her savings account and earns a simple interest of 5 percent. What will be the balance in her account after two years?
A. $1,000
B. $550
C. $600
D. $577.50
E. $527.50
Answer:
B. $550
Explanation:
[tex]A = p(1 + \frac{r}{100} ) {}^{n} \\ = 500(1 + \frac{5}{100} ) {}^{2} \\ = 550 \: dollars[/tex]
With allocative efficiency: A) the state of technology, or methods used to produce output, do not change. B) the available supplies of factors of production are fixed in both quantity and quality. C) there is production of any particular mix of goods and services in the least costly way. D) there is production of that particular mix of goods and services most wanted by society.
Answer:
D) there is production of that particular mix of goods and services most wanted by society.
Explanation:
When the efficiency is allocated so the production of the specfic goods and services that are mix would be considered and wanted by the society. Also the allocative efficiency could be accomplished at the time when the goods and services are distributed in optimal manner with regard to the demand of the consumer, in this the marginal cost would be equivalent to the marginal utility
Therefore the option d is correct
At the beginning of the recent period, there were 1,500 units of product in a department, 35% completed. These units were finished and an additional 7,000 units were started and completed during the period. 1,600 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:
Answer:
the equivalent units produced by the department is 8,900 units
Explanation:
The computation of the equivalent units produced by the department is shown below:
= Started & completed units + beginning units + 25% of ending units
= 7,000 units + 1,500 units + 1,600 units × 25
= 7,000 units + 1,500 units + 400 units
= 8,900 units
Hence, the equivalent units produced by the department is 8,900 units
In business-related systems, ________ is becoming increasingly important as text-based applications such as electronic mail, bulletin boards, and information services are more widely used. Group of answer choices
Answer:
A) Textual output
Explanation:
Text output is the common type of the graphic output that could be found within the client area. it is applied by the applications in various ways
It can be worked for two things i.e. forming the text and in actual draw the text
In the given case the text based application like electronic mail, information service would be used so here the textual output should be choose for the same
Packaged Foods Inc. and competitive merchants who deal in goods of the same kind imply that their products are properly packaged and labeled. This is a. an express warranty. b. puffery. c. an implied warranty. d. a warranty of title.
Packaged Foods Inc. and other merchants that sell similar products indicate that their products are appropriately packaged and labeled. This is an implied warranty. Thus, option C is correct.
What is implied warranty?An implied warranty is a contract law phrase used in common law jurisdictions for certain guarantees that are considered to be offered in the sale of items or real property owing to the conditions of the transaction.
In the case of the sale of products or real estate, an implicit warranty is immediately assumed, preventing a risk from being transferred to the buyer.
A written or verbal implied guarantee is typically regarded to be in force upon the purchase or sale of items.
Packed Foods Inc. and other merchants selling comparable items declare that their products are properly packaged and labeled. This is a guarantee that is implied. Therefore, it can be concluded that, option C is correct.
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Walmart, Domino's, and Avis Rent-a-Car are examples of
a. agents.
b. industrial distributors.
C. retailers.
d. wholesalers.
Answer:
they are examples of retailers
The common stock of ABC, Inc., has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 percent and the risk-free rate is 4.1 percent. What is the cost of equity for this firm
Answer:
The appropriate answer is "13.82%".
Explanation:
Given:
Risk free rate,
[tex]R_f=4.10[/tex]
Beta of stock,
[tex]\beta=1.13[/tex]
Market rate,
= [tex]12.7[/tex]
Now,
The market risk premium will be:
⇒ [tex]R_p[/tex] = [tex]Market \ rate-Risk \ free \ rate[/tex]
= [tex]12.7-4.1[/tex]
= [tex]8.60[/tex] (%)
hence,
The cost of equity will be:
⇒ [tex]r=R_f+\beta\times R_p[/tex]
[tex]=4.10+1.13\times 8.60[/tex]
[tex]=4.10+ 9.718[/tex]
[tex]=13.82[/tex] (%)
A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the a.income statement b.statement of cash flows c.statement of stockholders' equity d.balance sheet
Answer:
Income statement
Explanation:
When many men in the Baby Boomer age group started getting gray hair, they were reluctant to use hair dyes made for and marketed to women. To address this reluctance, hair care product manufacturers (such as the makers of Just For Men hair coloring) introduced hair-dying systems to be used on men's heads and facial hair. In this example, what type of segmentation did the hair care product manufacturers use to define their target markets
Answer:
demographic segmentation
Explanation:
Demographic segmentation includes many variables and categories, for example: age, income level, gender, family status, race, culture, gender, etc.
In this specific case, the market was segmented based on age; men entering middle age that were starting to get gray hair.
During economic downturns the number of Americans without jobs increases. According to the principle that one person's spending is another person's income: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices the reduction in spending by the unemployed workers will further lower incomes. the reduction in the number employed will reduce the costs of goods and services. the higher number of unemployed will increase enrollment into colleges. availability of workers will increase opportunities for new businesses.
Answer: The reduction in spending by the unemployed workers will further lower incomes
Explanation:
Economic downturn is when there's a reduction in the economic activity. During thus period, there's rising unemployment, reduction in investment, low consumer confidence etc.
Based on the principle that one person's spending is another person's income, the reduction in spending by the unemployed workers will further lower incomes. This is because an increase in the productive economic activity depends on cash transfers.
Since there's an economic downturn, there'll be a decrease in spending since there's less money available to the people, hence this will further lead to decrease in the income.
Angelique has to make a presentation to the board of trustees and include precise statistics to convey her points. She is particularly concerned with the accuracy of her supporting materials. What style of delivery would be most appropriate for her context
The style of delivery that would be most appropriate for her context is to read a manuscript.
What is a manuscript?It should be noted that a manuscript simply means a document that's written by hand rather than typed.
In this case, the style of delivery that would be most appropriate for her context is to read a manuscript.
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Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 7% and the term is for 5 years.
What is the monthly payment amount?
$2,100
$535
$420
$6,420
Answer:
$21,000
Explanation:
Pls asp
If there is high unemployment rate in the economy, the condition means that the economy's.
O esports are greater than imports.
o business investment is rising
O output is less than its potential.
o inflation rate is rising
Samantha is maximizing total utility while consuming food and clothing. Her marginal utility from food is 50, and her marginal utility from clothing is 25. If clothing is priced at $10 per unit, the price of food per unit must be
Answer:
$20
Explanation:
The price of food per unit can be calculated as follows
50×25
= 1250
25×10
= 250
1250/250
= 5
Hence the price per unit of food is
= 25-5
= $20
Therefore the price of food per unit is $20
Diana prepares bills and invoices for her company. Her career is in the area of Question 19 options: marketing communications. corporate finance. professional selling. securities and investments.
A company must be concerned about the creation of communication harmony. Nike uses the slogan "Just Do It." Consumers see this brand positioning in many of the advertisements, sales promotions, & public relations. This message is consistently used in all of its promotional efforts. From this information, you can infer that Nike was trying to take advantage of _____.
Answer:
Integrated marketing communications.
Explanation:
Integrated marketing communication is a technique used by companies to create a linked form of communications and messages. Talking in simple terms, integrated marketing communications help firms to integrate their all promotional tools and ensure that all tools work in harmony with each other.
Nike is an example of a company using the technique of integrated marketing communications.
By using the slogan 'Just do it' in all of their promotional tools, the company is ensuring harmony in all of its tools.
Therefore, integrated marketing communications is the correct answer.
Is the sales manager a subordinate? explain why?