The COSO Principle followed is - The company identifies risks to the achievement of its objectives across the entity and analyzes risk as a basis for determining how the risks should be managed.
A system for strengthening internal controls that are incorporated into company processes is the COSO Principles. When taken as a whole, these controls offer a reasonable level of assurance that the company is operating its business ethically, openly, and in accordance with accepted industry norms.
Making the switch to the upgraded framework could take some time, depending on the facts and situations of a company, it's therefore a good idea to start the procedure as soon as feasible. Businesses should begin by being familiar with the COSO principles recommendations. Then, businesses can assess the condition of their internal surveillance system and create a strategy for improving any areas that must be strengthened.
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consider an imaginary economy that has been growing at a rate of 4% per year. government economists have proposed a number of policies to increase the growth rate but first need to convince the president that the policies will pay off. to do so, they want to present a comparison of the number of years it will take for the economy to double, depending on the growth rate.
The rate is 4%, hence 18 years are needed to double the investment.
What is Compound Interest?When money is invested at an interest rate for more than one period, compound interest develops. The interest is applied to the investment as well as the accrued interest form previous periods in periods after the initial period. As a result, the investment's growth is accelerated.
According to the given data:Growth Rate Years to double(rounded to nearest whole number)
4 18
According to the rule of 70, it takes a sum of money n years to increase in value at an interest rate of I percent.:
n = 70/i
the rate is 4% so the number of years to double the investment is:
n = 70/4
= 17.5
the rate is 4%, hence 18 years are needed to double the investment.
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if an american receives dividends from the shares of stock he or she own in toyota, inc., a japanese firm, the transaction would be recorded on the u.s. balance of payments as a
If a citizen of the United States receives dividends from shares of Toyota, Inc. stock they own, the transaction would be recorded on the country's balance of payments as a Current account credit.
What does the term "balance of payments" mean?The balance of payments summarizes an economy's international economic dealings. These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).
The balance of payments is used to track international transactions. Money entering a country causes a rise in the balance of payments (BOP). When money departs a country, a deduction is made. For instance, when a country sells 20 dazzling red convertibles to another country, the balance of payments is credited.
What is the current account's payment balance?The balance of trade in goods and services, along with net investment income from foreign assets and net transfers, make up the current account of the balance of payments.
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a company purchased $8,900 of merchandise on june 15 with terms of 3/10, n/45. on june 20, it returned $445 of that merchandise. on june 24, it paid the balance owed for the merchandise taking any discount it was entitled to. the cash paid on june 24 equals:
Discounts are subtracted from a buyer's total amount due when buying products or services. Sellers frequently provide discounts to promote early payment of products or services.
They are typically indicated as a percentage of the selling price and are only valid during the "discount period," which is a finite window of time.
Purchase returns: Gross Purchases 8,900 Less (445)
Net purchases: 8,455
Trade discounts and cash discounts are the two sorts of discounts available.
What distinguishes the credit period from the discount period?
If the account is paid in full before the end of the discount period, the customer can be eligible for a cash discount rate. The duration of the trade credit is known as the credit period, and up until the end of the credit term, no interest is applied to the outstanding balance.
How Do Credit Periods Work?
The amount of days that a customer has to wait before paying an invoice is known as the credit period. The idea is crucial because it shows how much working capital a company is prepared to put into its accounts receivable in order to increase sales.
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In which mode(s) of transportation do companies often employ teams of two drivers, either in tandem or sequentially, to increase efficiency?
air transportation
rail transportation
road transportation
water transportation
Most transport-based companies employ teams of two drivers in an air mode of transportation to increase efficiency.
What is an air mode of transportation?This transportation are performed by aircraft for the public carriage of passengers, baggage, cargo, mail etc for exchange of remuneration or hiring. It is considered to be the fastest modes of public transport which connects international boundaries.
As a matter of fact, the presence of two pilots on a plane make coordination much easier because one pilot can concentrate on the flight and the other completes the checklist. Therefore, an increased efficiency is achieved.
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Answer:
ROAD transportation often employs teams of two drivers to increas efficiency.
Explanation:
common sense tbh
typically, modern developed countries have gone through three stages. initially countries have most of the population involved in ▼ ideas agriculture services entrepreneurship industry . secondly, much of the population moves to ▼ entrepreneurship ideas services industry agriculture . finally, there is a shift toward ▼ entrepreneurship services ideas agriculture industry .
The answer in the correct order is
AgricultureIndustryServices.Normally, present-day evolved countries have gone thru three tiers in their production technique.
In these nations, to start with, the majority of the populace changed into concerned with agriculture. The financial system changed into agriculture-primarily based.
Then in the later stages, the economic system moved from agriculture to industries. most people in the populace have become worried about industries.
Then, in the end, the population shifted from industries to the offerings quarter. Most of the population now could be concerned in the services area.
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is/are the board’s right to perform any and all acts necessary to exercise a corporation’s expressly conferred authority and to accomplish the purpose(s) for which it was created.
Implied corporate authority is the board’s right to perform any and all acts necessary to exercise a corporation’s expressly conferred authority and to accomplish the purpose(s) for which it was created.
Implied authority can be defined as an agent with the jurisdiction to perform acts that are reasonably necessary to accomplish the purpose of an organization. Implied corporate authority is created in a situation where the authority to act on behalf of someone else is implied by the actions of a person. The example of implied authority, there may be implied authority when an employee wears a uniform or nametag.
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consider a $100 increase in gdp per capita. in 2012, niger had a gdp per capita of approximately $, and the united states had a gdp per capita of $. calculate the corresponding growth rates for these two countries. niger's growth rate is enter your response here percent, and the u.s. growth rate is enter your response here percent. (round your responses to two decimal places.) part 3 thus, ▼ niger the united states started out with a lower base and had ▼ a higher the same a lower growth rate.
GDP per capita is calculated by dividing the total gross value contributed by all producers who are residents of the economy by the mid-year population, plus any product taxes (less subsidies) that are not taken into account when valuing output.
How is the growth in GDP per capita calculated?
Real Gross Domestic Product (GDP) per capita annual growth rate is measured as the percentage difference in real GDP per capita over two consecutive years. By dividing GDP at constant prices by the population of a nation or region, one can get real GDP per capita.
What occurs when the GDP per person rises?
The size of the economy as a whole increases with faster GDP growth, which also improves fiscal conditions. The material standard of living for the average American rises as a result of broadly shared growth in per capita GDP.
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21. pls help will give brainliest
Revenues less costs, taxes, and interest equal net income (NI).NI is used to compute earnings per share. Because costs can be concealed via accounting techniques or revenues can be artificially overstated, investors should carefully examine the data used to calculate NI.
How do you calculate net income in accounting?The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is what remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid. You can figure out your net income if you know your total income and total outgoings: Complete revenue minus total expenses equals net income. Most business owners must produce an income statement, one of the three primary financial statements, in order to determine their net income. The change in assets less the change in liabilities must equal net income, according to logic, as assets must equal liabilities plus equity. Since it is the final indicator of a company's performance, net income is frequently used interchangeably with profit. You must take the recorded retained earnings from the prior financial period, known as beginning retained earnings, and add dividends back in to calculate net income using retained earnings.The Net Income =
Total revenue – total expenses.
Total expenses
= $448000+$96000+$71000
=$615000
The
net income
= $721000-$615000
=$106000
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the positioning strategy can help convey the firm's or the product's which communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it
The positioning strategy can assist in communicating the company's or the product's value proposition, which communicates the customer benefits to be received from a good or service and thus gives reasons for wanting to buy it.
How do you define positioning strategy?The goal of a positioning strategy also referred to as a market positioning strategy or brand positioning strategy, is to set a brand apart from its rivals. By clearly communicating a brand's competitive advantage, positioning strategies aim to change consumer perception. Here are a few strong positioning techniques.
product costdistinctive value propositionproduct excellencethe position of competitorsIt is essential to internalize this knowledge for key stakeholders in a brand positioning statement after conducting the required research and choosing a positioning strategy. Then, work with marketing teams to create messaging that is consistent with it.
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the different stages a product goes through during its existence is known as blank . multiple choice question. market modification the development cycle the product life cycle product branding
The product life cycle is the different stages a product goes through during its existence is known as blank. Hence, option C is correct.
What is product life cycle?The four phases of a product's life cycle are introduction, growth, maturation, and decline. Product life cycles are used by management and marketing experts to help them decide on things like advertising schedules, price points, entering new product markets, changing packaging, and more.
The five stages that make up a product's life cycle are development, introduction, growth, maturity, and decline.
Thus, option C is correct.
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the irr of project y is greater than the irr of project x, and both irrs are greater than zero. also, the npv of x is greater than the npv of y. if the two projects are mutually exclusive, project x should definitely be selected.
False , because the cost of capital is greater than the crossover rate, the NPV and IRR of X are greater than those of Y.
What is IRR?
The internal rate of return (IRR) is indeed a company's financial metric that is used to assess the profitability of investment opportunities. IRR is a discount rate in a discounted cash flow analysis that causes the present value (NPV) of all free cash flow to just be zero. The same formula is used in IRR calculations as in NPV calculations. Keep in mind that IRR is not the actual dollar value of the project. The annualized return is what brings this same net present value to zero. In general, the higher an investment's internal rate of return, the much more appealing it is. IRR is coherent across investment types and can therefore be used to rank multi-frequency investments or projects fairly.
If the cost of capital is less than the cross over rate (the rate at which both NPVs are equal), the NPV of X may be less than the NPV of Y, and thus X may be rejected. If the cost of capital is higher than the cross-over rate, the NPV of X may be greater than the NPV of Y, and thus X may be accepted.
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your friend starts a clothing business and organizes it as an llc. you invest in her business and receive a 15% membership interest in return. the clothing business does poorly and your friend shuts it down. the llc’s liabilities exceed its assets. what do you stand to lose?
Limited liability companies have distinct legal existence, limited liabilities, flexible taxation, and straightforward operations.
For instance, Westinghouse, Blockbuster, and Anheuser-Busch are all structured as limited liability companies.
What does the term "limited liability company" mean?
The definition of a limited liability company (LLC) is a type of business structure where the owners are referred to as "members" and are partners in a business entity with all the protection of a corporation as well as the option to pass through any business profits and losses to their personal income tax return.
What advantages can limited liability companies offer?
An LLC's primary benefit is implied in its name: limited liability protection. When an owner conducts business through an LLC, their personal assets may be shielded from commercial obligations and claims brought against the company. An LLC may have a single owner (referred to as a "member") or numerous members.
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you are a member of a team preparing a set of food processing regulations. at a meeting, one of the food processing manufacturers offered you a gift valued at more than what your company’s policy allows. you are aware that there is no gifting policy in that manufacturer’s organization. your most ethical approach is to: (check all that apply)
The correct option is not accept it because it would violate your company's gifting policy.
The required details about company policy is mentioned in below paragraph.
A company policy is a set of guidelines and rules that employers can use to formalize their expectations and standards for the health and safety of employees, accountability, best practices, and internal business procedures.
Company policies are put in place to define the behavior expectations inside an organization and to outline the duties of both employers and employees. The administration of firm policies and processes aims to safeguard both the business interests of employers and the rights of employees. Various policies and procedures set guidelines for employee behavior, attendance, dress code, privacy, and other areas connected to the terms and circumstances of employment depending on the needs of the firm.
(complete question)
You are a member of a team preparing a set of food processing regulations. At a meeting, one of the food processing manufacturers offered you a gift valued at more than what your company’s policy allows. You are aware that there is no gifting policy in that manufacturer’s organization. Your most ethical approach is to: (check all that apply)
accept it if they promise not to tell your company.
not accept this gift because it could influence your judgements or you will be perceived as favoring that manufacturer.
accept it if someone else from your company accepted it
accept the gift so as not to embarrass the manufacturer.
not accept it because it would violate your company's gifting policy.
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If you invest $8,600 at a 3.95% simple annual interest rate, approximately how long will it take for you to have a total of $21,000? a. 25.3 years b. 36.5 years c. 45.9 years d. 60.7 years please select the best answer from the choices provided a b c d
The annual interest produced by a sum that is paid to investors or charged to borrowers is referred to as the annual percentage rate (APR). APR is a percentage that expresses the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment.
Are annual rates and interest rates the same?
APR represents the total yearly cost of a loan to the borrower, including all fees. The APR is stated as a percentage, just like an interest rate. It does, however, contain other costs or fees such mortgage insurance, the majority of closing costs, discount points, and loan origination fees, unlike an interest rate.
How does interest compound annually?
An interest rate is written as an annual percentage rate. It factors in variables like monthly payments to determine what proportion of the principal you'll pay annually. APR is another term for the yearly rate of interest paid on investments that does not take into account the annual compounding of interest.
b. 36 Years
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the partnering for success feature in chapter 7 focuses on the topic of vesting company stock. according to the feature, a typical startup's vesting schedule lasts and includes a 12-month cliff. 12 months 12 months to 24 months 24 months to 36 months 36 months to 48 months 48 months to 60 months
The Savvy Entrepreneurial Firm section in Chapter 7 discusses vesting company stock. A typical startup's vesting schedule, according to the feature, lasts 36 to 48 months and includes a 12-month cliff.
What exactly is a savvy entrepreneurial firm?To be successful, starting a business necessitates a number of factors. The desire to be one's own boss, to pursue one's own idea, or to gain financial rewards must be met with shrewdness and persistence. Failure should not be considered an option, but rather a learning experience that guides future decisions. An entrepreneur gets things done and enjoys being competitive. A true entrepreneur is unpredictable; he or she has a certain level of creativity that allows them to see and produce "ahead of the curve." An entrepreneur, on the other hand, cannot be successful without strong people skills.To learn more about Entrepreneur, refer to:
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Many demand planners will make several forecasts under different scenarios and then apply their business judgement to make a recommendation that is somewhere in between. True or false?.
Many demand planners will make several forecasts under different scenarios and then apply their business judgment to make a recommendation that is somewhere in between. The statement is True.
Utilizing sales data from currently available items to predict demand for a new one is the most popular forecasting technique. This approach is particularly helpful when the new product is a variant of an already-existing one, such as one with a different size, color, or flavor. Due to the numerous variables and unknowable elements involved, forecasting sales is always a difficult undertaking. Since you can't rely on your predictions of historical performance when projecting sales of a new product, the task is made all the more challenging.
Despite the challenges, you must manage your inventory, staffing, and cash flow needs as well as other resources in order to fulfill actual demand. Another crucial tool for evaluating the effectiveness of your sales, marketing, and operations is a sales forecast.
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washington memorial hospital has just been informed that a private donor is willing to contribute $5 million per year at the beginning of each year for 15 years. what is the current dollar value of this contribution if the discount rate is 6 percent?
The current dollar value of the contribution made in the form of annuity is $517,063.08
Amount of annuity (a)= $5,000,000
No of years (n) = 15
Rate of interest (r) = 0.06
Present value = a *[1-(1/1+r) ^n]/r
= $517,063.08
An annuity is a type of insurance contract that is approved and dispersed by banking institutions with the purpose of paying out initial investment funds at a later date in the form of a predictable cash flow. Annuities are procured or decided to invest in by investors who a regular income in future. Investors earn the return at a particular rate of interest.
Annuities which are receive d at the beginning of the period are called annuity due whereas those annuities which are received at the end of the period are called ordinary annuity.
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the appropriation to the state library system (fiscal year starts july 1) for fiscal 2018 was $15,000,000. on december 31, 2017, its budget reports showed expenditures of $7,500,000 and encumbrances outstanding of $500,000. quarterly allotments were as follows: q1—$3,750,000; q2—$4,500,000; q3—$3,750,000; and q4—$3,000,000. what was the status of system operations at that point?
The purpose of a budget report is to provide feedback on how closely the budget and actual performance align. It helps in identifying things whose values have significantly deviated from expectations.
above budget by $550,000.
What does a budget report serve?
Businesses can contrast their actual spending with what was budgeted for using budgeting reports, often known as "budget reports." You design your budget for a specific time period, and then your budgeting report at the conclusion of that time period reveals how much you actually spent.
What serves as the basis for the budgeting process?
The federal budget process gives the executive and legislative branches the tools they need to weigh conflicting requirements and policies at the national level, set priorities, allocate resources to those objectives, and guarantee that laws are carried out in accordance with those priorities.
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a two-day offsite retreat was held for a team of executives of a major hospital including the hospital's ceo, president, and vice-presidents. over the course of the two-days, the executives engaged in brainstorming sessions and worked together to articulate the direction the hospital should take and specific objectives that should be achieved over the next 5 years. the team focused considerable attention to objectives related to the affordable care act and rising numbers of patients eligible for medicare. the executives were engaged in
The team focused considerable attention to objectives related to the affordable care act and rising numbers of patients eligible for Medicare. the executives were engaged in Strategic Planning.
Defining an organization's future vision and determining its goals and objectives are both done through the process of strategic planning. In order for the company to achieve its stated vision, the process also include determining the order in which those goals should be accomplished.
Though it can run longer, strategic planning generally entails objectives with a three to five-year life span. This differs from business planning, which usually concentrates on tactical, short-term goals, including how a budget is allocated. A business plan may encompass a period of time that is many months or even several years long.
Strategic planning results in a strategic plan. A strategy paper or other media will frequently reflect it. People with different backgrounds, such as workers, customers, business partners, and investors, may easily communicate, comprehend, and follow these strategies.
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with respect to common television dayparts for eastern and pacific time zones, the slot between 11:30 p.m. and 2:00 a.m. from monday through friday is called
With respect to common television dayparts for eastern and pacific time zones, the slot between 11:30 p.m. and 2:00 a.m. from Monday through Friday is called late fringe .
Off-peak hours are often used on television to describe the evening hours around prime time. [1][2]Television hours before prime time are called the early fringe and are usually between 4:00 pm and 6:00 pm. Until 19:30 Late edge is the period of television that usually follows prime time between 23:00 and 23:00. Until 1 a.m.
In his first 20 years on American television, the early Fringe was considered part of prime time, and from today he started the show half an hour earlier, and the network announced he would be on his hour in the evening. It was prohibited to program the frame of Now known as edge time.
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Employees at the blue cat lodge marina work part-time during the off-season, mainly performing maintenance on the boats and upgrades to the guest lodges. As summer approaches, the marina enacts ________ change by increasing employees to full-time hours due to the summer-time tourist season.
Employees at the blue cat lodge marina work part-time during the off-season, mainly performing maintenance on the boats and upgrades to the guest lodges. As summer approaches, the marina enacts adaptive change by increasing employees to full-time hours due to the summer-time tourist season.
An employee is a person working under the supervision or control of an employer. An employee employed by an employer. An employee works for an employer under an express or implied contract of employment that gives the employer the right to direct the employee's duties.
Employees are people who receive wages or salaries from their employer, but employees are not necessarily paid. Employees include contractors and volunteers and do not have to be employed, but employees have legal status.
Treat your employees like you treat your customers just because they are your company's greatest asset. Customers may be the reason your company or business continues to shine, but without the dedication and hard work of your employees, you won't get them.
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Assume that bee bees fish store uses a periodic lifo inventory system. Its ending inventory consists of 13 fish. Calculate the dollar value of its ending inventory.
The dollar value of its ending inventory is $165.
Periodic can be defined as the Inventory account is not updated during the accounting period. The cost of merchandise purchased from suppliers will be debited to the general ledger account Purchases.
The periodic LIFO inventory system allows a business to track its beginning inventory and ending inventory within an accounting period.
Since there is the ending inventory units i.e. 13, so:
Dollar value of its ending inventory = 10 × $12 + 3 × $15
Dollar value of its ending inventory = $120 + $45
Dollar value of its ending inventory = $165
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apex enterprises spent a large amount of money to customize a pumping system it bought many years ago. a supplier is now offering a new pumping system that will save the company money in the long term. however, apex decides to keep the older system because it has already spent so much money on the older system. what type of bias is this an example of?
Well, this is an example of sunk-cost bias. It refers to such investment which has already been incurred and can never be recovered.
So, in the following example, if a company or a business organization has already spent some amount of money on the investment and new technology is brought into the market. The investor will not spend the amount on new technology keeping "sunk-cost bias" in context because the cost he has spent in buying the precious commodity can not be incurred.
In business, fixed and sunk costs are two distinct categories of expenses. Given that it cannot be adjusted or changed, a sunk cost is always a fixed cost. However, it is not a sunk cost because a fixed cost can be halted, such as by the sale or return of an asset.
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what is the estimate of walmart's long term growth assuming the constant growth period started in 2014 when the dividend per share was $1.89? answer in % terms w/o the % sign.
The estimation of Walmart's long term growth assuming the constant growth period started in 2014 when the dividend per share was $1.89 is $42.60 is the answer in % terms w/o the % sign.
The solution to the above mentioned equation is given below.
$42.60 is the answer in % terms w/o the % sign.
Given about Walmart's stock,
required return r = 7%
Growth rate g = 1.93%
Last dividend D0 = $2.12
So expected dividend in 2021 is D1 = D0*(1+g) = 2.12*1.93 = $2.16
So, Current stock price can be calculated using constant growth model,
Current stock price P0 = D1/(r-g) = 2.16/(0.07-0.0193) = $42.60
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Do you think consumer should be expected to take into account the ethical track record of companies when making a purchase why or why not
Given the significant impact that consumer decisions can have on communities and businesses, customers should be required to consider the ethical standing of businesses.
How can you tell if a company is ethical?Most businesses make their codes of conduct and ethics accessible to their clients online. Once again, this is typically located towards the bottom of their home page, close to or below any links to "About Us," "Help," or other pages. It may be more difficult to locate this information for some businesses.Ethical consumerism is a type of political activity that holds that people who shop in marketplaces implicitly consume both the commodities and the processes that go into making those goods. Consumption, from the standpoint of ethical consumerism, is a political act that supports the ideals reflected in a product's production.Particularly, if customers continue to support an unethical business, it will generate more goods and worsen the situation in the neighborhood.Learn more about consumer here:
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the major reason for using u.s. government documents as secondary data sources is that they . multiple choice are easily available in all marketing blogs provide the most up-to-date information are available for a wide range of topics provide predefined categories of variables that always meet user requirements are detailed, complete, and consistent
The major reason for using U.S. government documents as secondary data sources is that they are detailed, complete, and consistent.
Secondary data is information that has been gathered by people or organizations for objectives other from the one of our specific research project. A food company may utilize data from a government agency's study, for instance, on, say, family food expenditures, when determining the size of the prospective market for a new product. Similar to this, statistics on agricultural productivity compiled by a ministry will be helpful to a wide range of individuals and organizations, including those that sell agricultural commodities.
Secondary data may be accessible, which is absolutely acceptable and completely sufficient to make conclusions, resolve the issue, or provide an answer. It is not always required to obtain primary data.
Compared to getting primary data, collecting secondary data is far more affordable. A careful review of secondary sources can produce far more information than a main data gathering operation for the same amount of research expense.
Comparatively speaking, finding secondary sources takes far less time than gathering primary material.
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the stockholders' equity section of the balance sheet for corporation on , , follows: loading...(click the icon to view the data.) on , , the market price of common stock was per share. declared and distributed % stock dividend on this date.
Stock dividend of 10% declared, Amount of Dividend = 200,000 x 10% x 18 = 360,000
Jan 15 Journal Entry
Dr Retained Earnings 360,000
Cr Common Stock 16,000
Cr Additional Paid in Capital - Common Stock 344,000
(Stock dividend of 10% declared)
Amount of Dividend = 200,000 x 10% x 18 = 360,000
Shareholders Equity Section-Common Stock 0.8 par 2,800,000
authorized, 220,000 issued 176,000
-Paid in Capital In excess of
par - Common Stock (430,507+344,000) 774,507
-Retained Earnings (7,133,000-360,000) 6,773,000
-Accumulated Other Comprehensive Income (195,000)
-Stockholders Equity 7,528,507
No assets or cash is indicated by the first blank.Two blanks are "transfer of $360,000 from retained earnings to
common stock ($16,000) and paid-in capital over and above par
($344,000).
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Select the correct answer. mike wants to buy a sleeping bag for a camping trip. he finds one that costs $52.75 with a 25% discount. how much will he pay for it? a. $13.19 b. $39.56 c. $65.94
He'll shell out $39.56 to purchase a sleeping bag for a camping vacation.
The correct option is B.
What does a product being discounted mean?Any price reduction a seller offers for their good or service is referred to as a "sales discount" in general. Having stated that, the phrase has certain connotations in particular situations. For instance, the phrase typically refers to a price decrease a company makes in exchange for a customer's early payment in accounting.
Why is the sale price significant?Discount pricing is a strategy used by businesses to sell low-cost goods in large quantities. With this method, it's crucial to cut expenses while maintaining competitiveness. Due to their ability to make large purchases in bulk, large merchants can effectively use a discount pricing approach by requesting price reductions from suppliers.
According to the given data:Given:
Original costs = $52.75
discount = 25%
discounted price = original price - (original price * discount / 100)
Putting the values into the formula we get:
discounted price = 52.75 - (52.75 * 25)/100
discounted price = 52.75 - 13.187
discounted price = $39.56
He will pay $39.56 for sleeping bag buying for a camping trip.
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Which of the following are examples of variable costs? Select all that apply.
labor
rent
raw materials
utilities
Raw materials and labor are the examples of variable costs. An expense that fluctuates in relation to production output or sales is referred to as a variable cost. Variable costs rise in response to rising production or sales, and fall in response to falling output or sales.
Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. Over a given time frame, fixed costs are constant. Depending on the company's output, variable costs may go up or down. Rental fees, taxes, and insurance are some instances of fixed costs. Commission, and credit card fees are a few examples of variable costs.
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I am currently still in 8th grade, but I want to be a pilot when I grow up. I was thinking is it wrong to study about how being a pilot right now so it can be easier in the future? I want to be prepared and I know it’s still early, but should I?
Answer:
you should if thats your dream go for it its no harm in tryin to get prepared for your future
Explanation: