Answer:
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A product policy is simply concerned with defining the type, timing, and the volume of products that a company offers for sale.
The distribution policy refers to the strategy that's used by a company to ship it's products. This can be through intermediaries, dual distribution, etc.Communication policies simply entails how the product will be advertised. These can be through social media, televisions, etc.Lastly, pricing policy refers to how the company will set its price.
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what's the buying culture in your hometown? why?
Answer:
Explanation:
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The buying culture of a place refers to the factors that influence the purchase of goods and services in an environment. The buying culture in my hometown is the value-added culture. This is because the people in my hometown purchase goods and services mainly when they feel that there is a problem it will help them solve.
The value-added buying culture is that wherein the buyer senses that a product will help them to solve a problem that plagues them. For example, most people in my hometown only go to the pharmacy and clinic when they are sick. They do not believe in the idea of occasional check-up because they think that it is a waste of money.Therefore, goods are purchased only when they are crucially needed.
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What is a keogh plan?
A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. A Keogh plan can be set up as either a defined-benefit or a defined-contribution plan, although most plans are set as the latter.
Q: Which of the following is not taken into the current year of Canada's national income?
A) Illegal marijuana produced
B) Services offered by Canadian soldiers operating in Afghanistan
C) University degree earned
D) Police services in your community
E) Second-hand items
Answer:
All of the above
Explanation:
Why choose to become a veterinarian?
California allows which of the following deductions for this year?
If you are trying to forecast your company's growth for the next year, what should be your primary consideration?
the company's recent performance
Forecast for the future company growth depends on the need to establish a parameter and gather the data. Look into the past and use past cost data. Make use of scatter diagrams and draw a regression analysis.
In order to forecast the companies growth for the next year, the main consideration will be to forecast the profits and losses. Such as expanse and revenue generated. Risk analysis will also be taken into consideration.Learn more about the forecast of your company's growth.
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The Federal Reserve changes the reserve requirement to meet monetary policy goals. What is a reserve requirement?
O the taxes that banks are required to pay to the government
O the percentage of customer deposits that banks must maintain possession of
O the interest rate that the federal reserve charges on its loans
O the interest rate that the federal reserve pays on bank deposits with the institution
Answer: I think it’s b
Explanation:
Airlines and hotels have many frequent flyer and frequent visitor programs in which individuals who fly the airline or stay at the hotel receive bonuses that are the equivalent to discounts. a. Give two reasons why these companies have such programs rather than simply offering lower prices. b. Can you give other examples of such programs? c. What is a likely reason why firms whose employees receive these benefits do not require their employees to give the benefits to the firm?
Answer:
A. First Reason: Companies offer loyalty programs in order to encourgae repeated use of their services. The primary objective is to ensure that they can keep the customers they currently have and avoid having them go to competitors.
Second Reason: Loyalty programs help build a relationship between the customer and the company. Being thanked for your loyalty by a specific company will typically leave customers with a more positive outlook on their trip. This relationship also allows companies to know what their customers preferences are. This ensures that they have a trip that is tailored to their specific needs.
B. Delta Skymiles, IHG Rewards, United MileagePlus, AA Advantage, Chase Rewards, etc
C. This gives their employees an additional perk for working at their firm. It is a huge benefit being able to have a free vacation when you desire to. This also helps the firm be more attractive to potential hires and help retain employees, thus giving them better access to human capital.
What was the result of John overdrawing his checking account?
John’s payment was greater than the balance he had available in his account so the bank will deposit $237.81 into John’s account so he can pay his bills.
John’s payment was greater than the balance he had available in his account so he was charged a $35 fee.
John’s payment was greater than the balance he had available in his account so he was charged a $5 monthly maintenance fee.
John’s payment was greater than the balance he had available in his account so the bank will transfer $35 from a linked account.
John overdrew his checking account, and resulted in B. John’s payment ... so he was charged a $35 fee.
Data and Calculations:
John's bank balance on November 7, 2018 = $512.68
The amount on Check # 410 = $710.49
Bank overdraft fee = $35
The result of John overdrawing his account did not force the bank to deposit $237.81 into his account. Neither did the bank charge him $5 for the overdraft, nor did it transfer $35 from a linked account.
Thus, John had overdrawn his checking account before the bank charged him $35 as overdraft fee.
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A title pawn lender is a financial institution that ?
ABC Corp's ROE has been decreasing over the last five years. How can you use financial statements to find the reason why?
The financial statements can be used to find the reason for the decrease in ROE because change in performance is almost always revealed in financial statement numbers.
Here are the options to this question:
Use the statements to find trends, but keep in mind there is usually not a single reason Use recent financial ratios because they will usually provide the reason. The reason for a change in performance is almost always revealed in financial statement numbers. The historic performance of a company is the best place to find a reason.Return on equity (ROE) is a financial metric that is determined by dividing net income by average total equity. It is a profitability ratio.
Return on equity = net income / average total equity
Return on equity can be decomposed using the Dupont formula:
ROE = Net profit margin x asset turnover x financial leverage
ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)
The ROE would decrease in any of these circumstances:
Net income decreases. Common equity increases more than net income.Net income and common equity can be determined by examining the financial statements.
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The following information is available for Something Strange Corporation (assuming all transactions affected cash): Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is a. $130,000. b. $120,000. c. $190,000. d. $150,000.
Answer:
$130,000
because: $100,000 + $60,000 - $30,000 = $130,000
Explanation:
How does techonology contribute the development of our economy?
Answer:
it's very important question because ppl focuses on investment they no think its profit or not people also contribute in theory which make advance machinery and helps to go rich the society
In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.
Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The activity produces the following revenues and expenses: Revenue $18,000 Property taxes 3,000 Materials and supplies 4,500 Utilities 2,000 Advertising 5,000 Insurance 750 Depreciation 4,000 Without regard to this activity, Alex's AGI is $42,000. Determine the amount of income Alex must report and the amount of the expenses he is permitted to deduct. Assume Alex itemizes his deductions. Reportable income: $fill in the blank 1 Deductible expenses: $fill in the blank 2
Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:
Income $18,000Expenses $3,000An activity or business is classified as hobby :
The owner of the business is not making profit from the business When their is no proof as to whether the business owner is making profitWhen the owner does not intend to make profit from the business etcBased on the given information the revenues or income amount of $18,000 will be the amount that will be reported by Alex as part of the gross income.
While the expenses or property taxed amount of $3,000 is deductible because the deductions are itemized deductions.
Inconclusion Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:
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Calvin is the night security officer at a children's museum. What might be one task that Calvin performs as part of his job?
Answer:
viewing video surveillance and conducting walk throughs
Explanation: I took the test
How variable costing would most likely be used
in a service business?
Managers use variable costing to determine which products to offer and which products to discontinue. Rather than discontinuing a product based on negligible.
How can variable costing be used for decision-making in a service company?Managers use variable costing to determine which products to offer and which products to discontinue. Rather than discontinuing a product based on negligible profits, a manager can use variable costing to determine the overall costs of keeping a unit in production.
Why would a company use variable costing?Question: Why do organizations use variable costing? Answer: Variable costing provides managers with the information necessary to prepare a contribution margin income statement, which leads to a more effective cost-volume-profit (CVP) analysis.
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Headlands Industries uses a perpetual inventory system. Data for product E2-D2 includes the following purchases.
Date Number of units Unit price
May 7 44 $12
July 28 33 $17
On June 1, Headlands sold 22 units, and on August 27, 33 more units.
Compute the cost of goods sold using FIFO, LIFO, and average cost.
Answer:
Explanation:
Kelly, a production supervisor, is responsible for 10 employees who assemble components into a finished product that is sold to distributors. Kelly reports to Ben, a production manager, who in turn reports to Dan, a general manager, who reports to McKenna, a vice president of operations. Recently, McKenna asked Dan to have a meeting with Kelly and Ben regarding some customer concerns in the production area. The focus of the meeting was to judge the validity of the customer concerns, and to develop a specific plan to address these concerns.
► Kelly is a first-line manager
Reason for your answer:
► Ben and Dan are Middle managers
Reason for your answer:
► Mckenna is a Top manager
Reason for your answer:
► Kelly, Ben, Dan, and Mckenna are part of an organization that has a __________
B) Traditional pyramid structure
Reason for your answer:
Considering the situation above, Kelly is a first-line manager because he works with the workers directly.
This is because the first-line manager is generally considered the first level of management, and the role deals with working with actual employees on-site or production line.Ben and Dan are Middle managers because they have a manager(s) below them that report to them, and they also have a manager(s) above them that they report to.
A Middle Manager works between senior management and lower-level management.Kelly, Ben, Dan, and Mckenna are part of an organization with a traditional pyramid structure because their responsibilities follow the conventional level structures in an organization.
A typical traditional pyramid structure consists of CEO, Executive, Middle Managers, Low-Level Managers, and Employees.Hence, in this case, it is concluded that this kind of organization runs a traditional pyramid structure in terms of functions and positions.
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Assuming that the average duration of First National Bank's $100 million of assets is five years while the average duration of its $80 million of liabilities is three years, then a 5-percentage-point decrease in interest rates will cause the net worth of First National Bank to _______ by $_______ million.
A 5-percentage-point decrease in interest rates will cause the net worth of First National Bank to increase by $13 million.
The calculation for the change in net worth will be:
= [(-Da) × ∆i / 1 - i × assets value)] - [(-Dl) × ∆i/1 + I × liability value)]
where,
∆i = change in interest rate
i = current interest
Da = duration of assets.
= [(-5) × 0.05/1 + 0×100)] - [(-3) × 0.05 / 1 + 0.80]
= 25 - 12
= 13 million
Therefore, the net worth of First National Bank will increase by $13 million.
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A paid-up nonforfeiture benefit will become effective as specified
in the policy, unless the person entitled elects another available
option within how many days after the due date of the premium in
default?
Answer:
Sixty days
Example:
That a specified paid-up nonforfeiture benefit shall become effective as specified in the policy unless the person entitled to make such election elects another available option not later than sixty days after the due date of the premium in default.planation:
Higher education typically has a positive return on investment because _____.
Answer:
Higher education loans generally have a positive ROI because you are building skills and work experience that can increase your future earnings.
Higher education typically has a positive return on investment because it builds skills and work experience that can increase your future earnings.
What is education?Education, as opposed to other non-formal and informal networking ways, is the subject concerned with strategies of learning and instruction in schools or school-like situations.
Higher Education gives pupils the intellectual tools they need to understand real-world situations, develop critical thinking skills, and make the best appropriate decisions. Education enables people to understand the social relationships, needs, and behavior of others.
Therefore, it can be concluded that higher education makes a person financially strong.
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The units of an item available for sale during the year were as follows: Jan. 1 Inventory 50 units at $100 Mar. 10 Purchase 70 units at $110 Aug. 30 Purchase 30 units at $118 Dec. 12 Purchase 50 units at $120 There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.
The ending inventory cost and the cost of goods sold using FIFO, LIFO, and Weighted-Average Cost methods are as follows:
FIFO LIFO Weighted-Average
Ending inventory $9,540 $8,300 $8,896
Cost of goods sold $12,700 $13,940 $13,344
Data and Calculations:
Date Description Units Unit Cost Total Cost
Jan. 1 Inventory 50 $100 $5,000
Mar. 10 Purchase 70 $110 7,700
Aug. 30 Purchase 30 $118 3,540
Dec. 12 Purchase 50 $120 6,000
Total 200 $22,240
Dec. 31 Ending inventory 80
Number of units sold 120 (200 - 80)
Average cost per unit = $111.20 ($22,240/200) under the periodic system
FIFO:
Ending inventory = $9,540 (30 x $118 + 50 x $120)
Cost of goods sold = $12,700 ($22,240 - $9,540)
LIFO:
Ending inventory = $8,300 (50 x $100 + 30 x $110)
Cost of goods sold = $13,940 ($22,240 - $8,300)
Weighted-Average Cost:
Ending inventory = $8,896 (80 x $111.20)
Cost of goods sold = $13,344 (120 x $111.20)
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The price system is an important component of the market because it
A ensures that producers are able to profit
B guarantees that consumers get the goods that they want
C coordinates the activities of producers, consumers, and owners of resources
D prevents spillover effects from occurring
The price system is an important component of the market because it coordinates the activities of producers, consumers, and owners of resources.
The answer to this question is option c. In economics the price system can simply be described as the way of organizing economic activities.
In order to do this, it coordinates the decisions of the buyers, the suppliers or the producers, and the owners of productive resources.
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Answer:
The answer is C.
Explanation:
Coordinates the activities of producers, consumers, and owners of resources
How are the payments from a family income benefit policy treated for tax purposes?
Answer
i am not sure
Explanation:
9. Amir also needs to calculate the commissions paid each month. If the company earns $275,000 or more in a month, the commission is 26% of the sales. If the company earns less than $275,000 in a month, the commission is 17% of the sales. Calculate the commissions as follows: a. In cell B16, enter a formula that uses the IF function and tests whether the total sales for July (cell B9) is greater than or equal to 275000. b. If the condition is true, multiply the total sales for July (cell B9) by 0.26 to calculate a commission of 26%. c. If the condition is false, multiple the total sales for July (cell B9) by 0.17 to calculate a commission of 17%.
The required excel function which calculates the amount of commission for July is =IF(B9>=275000, B9*0.26, B9*0.17).
The IF function in excel uses the syntax ; =IF(condition, statement 1, statement 2)The first argument in the function is the condition which is to check if the value in B9 is greater than or equal to 275000.Next argument is the statement to execute if the condition is true, which is to multiply the value in B9 by the commission percentage ; 26%Next argument is the statement to execute if the condition is False, which is to multiply the value in B9 by 17%.Therefore, the required expression is =IF(B9>=275000, B9*0.26, B9*0.17)
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Which of the following acts resulting in injury would be negligence per se?
a. Alison, while driving the speed limit, sideswiped the car next to her.
b. George accidentally dropped a heavy carton on Stefani's foot while at work.
c. A retailer sold glue containing benzene to a 14-year-old boy in violation of state law.
d. Michael sold fireworks from his Indiana store (a legal activity) to Simon, an Illinois resident (a state that has
made owning fireworks illegal).
c. A retailer sold glue containing benzene to a 14-year-old boy in violation of state law acts resulting in injury would be negligence per se.
Option C. is the correct choice.
Negligence per se is a legal doctrine that occurs when a defendant violates a statute or law that was enacted to protect a specific class of people from harm, and this violation results in injury to a member of that class.
In option c, the retailer violated the state law by selling glue containing benzene to a minor, which is likely a law enacted to protect minors from harmful substances.
As a result, if the 14-year-old boy is injured by using the glue, the retailer can be held liable for negligence per se.
In options a and b, there is no violation of any law, and the injuries were likely accidental.
Therefore, negligence per se does not apply. Option d involves legal activities in Indiana but illegal possession in Illinois, which does not involve a violation of any law intended to protect a specific class of people from harm.
The correct answer is c. A retailer sold glue containing benzene to a 14-year-old boy in violation of state law.
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For each of the following separate situations, determine how much revenue is recognized in December (using accrual basis accounting).
a. On December 7, Oklahoma City Thunder sold a $90 ticket to a basketball game to be played in March.
b. Tesla sold and delivered a $58,000 car on December 25. The customer will not pay until February.
c. Deloitte signs a contract on December 1 to provide 40 days of advisory services with receipt of $10,000 due at the end of the contract. On December 31, 75% of the services have been completed.
The accrual concept of recognizing revenue in the period that the transaction occurs and not when payment is received agrees with the matching principle. Revenue should be recognized to match with the recognition of costs incurred for earning the revenue.
Situations Amount of Revenue Recognized in December
a. Ticket Sales $0
Revenue
b. Sales $58,000
Revenue
c. Contract $7,500 ($10,000 x 75%)
Revenue
Thus, for situation (a), no revenue is recognized in December since the game will be played in March. For situation (b), the $58,000 is fully recognized in December, notwithstanding that the customer will pay in February. For situation (c), only 75% of the revenue is recognized in December to agree with the percentage of completion.
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what is service quality all about
where should you take the temperature of shredded pork in a hot-holding pan?
Place the pork shoulder fat side up on the top rack, cover with the lid, and cook at 225°F to 250°F for a consistent time, using the vents to control the temperature.
Although smoking a whole hog shoulder for pulled pork may appear scary, it is the simplest of the BBQ Big Three (brisket, ribs, and pulled pork) to master and is a fantastic method to refine your smoking abilities.
You'll need to get a digital barbecue thermometer if your grill doesn't include a temperature indicator. Every hour, check the grill's internal temperature. To keep the temperature and smoke consistent, add more charcoal and wet wood chips as needed.
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1. Use the supply schedule below to graph the supply curve of vintage concert t-shirts. Label the curve S1.
2. Use the supply schedule of vintage concert t-shirts below to graph a second supply curve on the graph. Label the curve S2.
3. Does the graph indicate an increase or decrease in supply?
4. Describe a reason that could have been a reason for this shift in supply.
5. Why does the Qs of a product go down when price goes down?