the channel strategy that does not utilize any manufacturers' representatives, industrial distributors, or other kinds of middlemen is referred to as

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Answer 1

The channel strategy that does not utilize any manufacturers' representatives, industrial distributors, or other kinds of middlemen is referred to as direct distribution.

What is meant by direct distribution?

The business sells to the customer directly through the direct channel. An example of a direct channel of distribution is a brewery that produces its own beer and sells it to clients at its own physical location. Customers receive the good or service straight from the seller.

In direct distribution, which is a direct-to-consumer strategy, the producer is in complete control of the distribution process. Third parties, including retailers, wholesalers, and warehouses, are involved in indirect distribution. Companies have better control over the entire process with direct distribution.

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Related Questions

ruby corporation purchased 1,000 diamond corporation bonds in 2020 for $800 per bond and classified the investment as securities available-for-sale. the value of these holdings was $300 per bond on december 31, 2020. during 2021, ruby sold all of its diamond bonds at $350 per bond. in its 2021 income statement, ruby would report:

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In its 2021 income statement, Ruby would report an amount of $800,000.

What is an income statement?

An income statement, often known as a profit and loss account, is one of a company's financial accounts that shows the revenues and expenses of the business for a given time frame. The income statement can be used by managers and investors to ascertain if a company made a profit (profit) or a loss (loss) during the reporting period. An income statement serves as a representation of a time period. Comparatively, the balance sheet just documents one point in time. Charities that must make their financial records public do not produce an income statement. This declaration is commonly referred to as a statement of actions. The income from operations is increased by the difference between additional receipts and additional outlays. Combining this with revenue from operations yields income before taxes.

Amount= $800* 1000= $800,000

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furniture costing $56,100 is sold at its book value in 2021. acquisitions of furniture total $44,400 cash, on which no depreciation is necessary because it is acquired at year-end. complete the general ledger accounts to calculate cash received from the sale of furniture.

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The question you have provided is missing information relating to Accumulated depreciation or book value of the furniture as well as profit or loss on sale of furniture.

However, important principles are explained below :

The Furniture Disposal T - Account is used to calculate the cash received from the sale of furniture.

The Format of the Account is as follows :

Debits  :

Record the Costs of the Furniture Sold. In this cases Cost is $75,900

Record the Profit on Sale of Furniture (if there was profit). The information is incomplete in this case.

Credits :

Record the Accumulated Depreciation on the Furniture. This figure is missing.

Record the Loss on Sale of Furniture (if there was a loss). The information is incomplete in this case.

The Balancing figure would be the Cash Received on sale of Furniture and to be recorded here.

The Cash Received on Sale of Furniture is a Balancing figure of the Furniture Disposal T - Account.

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M International ("M") and W Inc. ("W," a competitor of M) have been engaged in longstanding litigation over a specific patent infringement matter. Below is a summary timeline of specific events that have taken place related to this matter: 1. In May 2007, W filed a claim against M for patent infringement. 2. For the year ended December 31, 2007, management of M determined that a loss for this matter was probable and represented that the estimate of loss was in the range of $10 million to $15 million, with $12 million being the most likely amount of loss within the range. 3. A jury trial took place in September 2009. 4. The jury reached a verdict on September 24, 2009, and a judgment was ordered infavor of W. The judgment required M to pay W $14 million. 5. In November 2009, M filed a Notice of Appeal with the Court of Appeals. 6. In December 2010, the Court of Appeals issued a ruling in favor of M’s appeal and reversed the lower court’s ruling on the matter. This meant that the Court of Appeals overturned the jury verdict and the $14 million judgment against M. 7. On December 20, 2010, management of M determined this matter was closed upon discussions with in-house legal counsel. Required: 1. For the year-end December 31, 2007, financial statements, what amount should M record as a liability? 2. For the year-end December 31, 2009 financial statements, should M adjust its liability? If so, what amount should be recorded; and should the amountof the adjustment be considered a 2009 event or a prior period adjustment? 3. For the year-end December 31, 2010 financial statements, what amount should M record as a liability?

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a). M should record a liability of $12 million for the fiscal year that ended on December 31, 2007.

b) Based on the lower court's ruling, an additional liability of $ 2 million needs to be recorded for the fiscal year that ended on December 31, 2009. It is necessary to raise the obligation from $ 12,000,000 to $ 14,000,000.

c). Due to a favorable ruling from the Court of Appeals, M does not need to register any liability for the fiscal year that concluded on December 31, 2007. Reversing the responsibility is necessary.

a). A loss contingency must be recognized in accordance with ASC 450 if the loss is regarded as probable and the magnitude of the loss can be reasonably assessed. The best estimate within that range is recorded as a liability under US GAAP if a range of losses from the litigation claim are assessed and a best estimate is provided within that range. The low end of the range must be recorded if a best estimate is not available within that range. Since the best estimate within the range is now available, $ 12 million is acknowledged as liability in the case at hand.

b). The change should not be viewed as a prior period adjustment but rather as a 2009 event. The first estimate was reasonable and made in good faith, therefore the justification. The details of the lawsuit's nature and the scope of any potentially significant losses would have previously been mentioned in the notes to the financial statements for 2007. Therefore, the users of the financial statements would already be aware that the loss reported is merely a reasonable estimate rather than a precise measurement.

c). The liability is no longer required and should therefore be reversed because the loss from the case is no longer likely as a result of the favorable Appeals court ruling and as per the view of the in-house legal counsel referring to the subject as closed.

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Correct Question:

M International (“M”) and W Inc. (“W,” a competitor of M) have been engaged in longstanding litigation over a specific patent infringement matter. Below is a summary timeline of specific events that have taken place related to this matter: 1. In May 2007, W filed a claim against M for patent infringement. 2. For the year ended December 31, 2007, management of M determined that a loss for this matter was probable and represented that the estimate of loss was in the range of $10 million to $15 million, with $12 million being the most likely amount of loss within the range. 3. A jury trial took place in September 2009. 4. The jury reached a verdict on September 24, 2009, and a judgment was ordered infavor of W. The judgment required M to pay W $14 million. 5. In November 2009, M filed a Notice of Appeal with the Court of Appeals. 6. In December 2010, the Court of Appeals issued a ruling in favor of M’s appeal and reversed the lower court’s ruling on the matter. This meant that the Court of Appeals overturned the jury verdict and the $14 million judgment against M. 7. On December 20, 2010, management of M determined this matter was closed upon discussions with in-house legal counsel. Required:

a. For the year-end December 31, 2007, financial statements, what amount should M record as a liability?

b. For the year-end December 31, 2009 financial statements, should M adjust its liability? If so, what amount should be recorded; and should the amountof the adjustment be considered a 2009 event or a prior period adjustment?

c. For the year-end December 31, 2010 financial statements, what amount should M record as a liability?

To determine how well her business is doing, Darlene should monitor the return on her investment (equity) because it is a better measure of performance than
the absolute dollar amount of income.

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Darlene should keep an eye on her return on investment (equity) because it is a more accurate indicator of performance than the precise dollar amount of revenue.

Financial ratio analysis is a tried-and-true technique for examining a company. Financial ratio analysis is used by Wall Street investment firms, bank loan officers, and savvy business owners to uncover information about a company's prospective as well as its financial health. Financial ratio analysis is neither sophisticated nor difficult, despite the fact that it could be a little strange to you.

It is nothing more complicated than straightforward comparisons between particular data points taken from the income statement and balance sheet of your organization. You may recall from elementary school that a ratio is the relationship between two numbers. It is "the relative magnitude of two values, expressed as the quotient of one divided by the other," as your arithmetic teacher may have phrased it. You can consider looking at the price-earnings ratio of a publicly traded corporation if you are considering purchasing shares.

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Correct Question:

To determine how well her business is doing, Darlene should monitor the return on her investment (equity) because it is a better measure of performance than _____________________.

occur when employees have special or private interests that are substantial enough to interfere with their job duties.

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A conflict of interest arises when employees at any level have special or private interests that are substantial enough to interfere with their job duties.

A conflict of interest occurs when an individual's personal interests (family, friendships, financial or social factors) may interfere with their judgment, decision or action at work. Government agencies take conflicts of interest very seriously and are therefore regulated. Industry associations, companies, and universities, including our university, comply with this by incorporating conflicts of interest into our policies, regulations, and operating procedures. Our university requires us to adhere to the Florida Code of Ethics for Officers and Employees, including standards of conduct and reporting requirements.

Conflicts of interest are the most common conflicts between requirements and interests. Conflicts of interest of various types may arise depending on the nature of the relationship and its relationship to organizational rules or federal and state laws.

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FILL IN THE BLANK. a study published in the harvard business review in january 2000 found that intellectual property represents approximately___of an average firm's value.

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A study published in the Harvard Business Review in January 2000 investigated that intellectual property represents approximately 70% of an average firm's value.

Harvard Business Review publishes flagship books, magazine, and digital content and tool on HBR.org. The aim of Harvard Business Review is to deliever professionals around the world with best practices and  rigorous insights to help lead themselves and their firms more effectively and to make a positive impact. In January 2000, the Harvard Business Review published a study in which it found that intellectual property shows approximately 70% of an average firm's value, and the number has nearly doubled during a decade.

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Robin, who is a head of household and age 42, provides you with the following information from his financial records for 2020. Robin itemizes deductions. Regular income tax liability Positive AMT adjustments AMT preferences Taxable income $143,145 30,000 100,000 481,000 Calculate Robin's AMT for 2020. O a $7,267. O b. $10,047 O c. $12,636. O d. $15,126.

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b .$10,047

How do you figure out your tax obligation from your taxable income?

Your gross tax obligation is determined by your taxable income less any tax deductions. Your total income tax liability is the sum of your gross tax liability and any tax credits you are entitled to.

Which modifications apply to AMT?

"Tax preferences" or "adjustments" are the names given to these things. Only that adjustments substitute a special AMT treatment for the ordinary tax treatment for an item sets them apart from preferences.

Taxable Income: What Does It Mean?

Any gross income produced that is factored into the calculation of your tax liability is referred to as taxable income. It is essentially your adjusted gross income minus any deductions. Included are any pay from the employer, including wages, tips, salaries, and bonuses. Investment

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from the money model above and starting at point ffr1, ms1, which point would be the new (interest rate, quantity of money), from an increase in rgdp and purchase of t-bills by the fed. select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a ffr1, ms1. b ffr2, ms2. c ffr1, ms2. d ffr3, ms1. e ffr3, ms2.

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Use the up/down arrow keys to go to ffr1, ms2 from the money model above, starting at point ffr1, ms1, which would be the new keyboard navigation.

What in economics is FFR?

The interest rate that banks charge other institutions for overnight loans of excess funds from their reserve balances is known as the federal funds rate. Banks are required by law to keep a reserve in an account with a Federal Reserve bank equal to a predetermined portion of their deposits.

What is the average FFR?

A typical outcome falls between 0.94 and 1. Any value below that indicates that you require medical attention since your blood flow is not as high as it should be.

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determine the monthly payment for a 60-month truck loan with an apr of 11% and an initial principal of $17,000 ($).

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The monthly payment for a 60-month truck loan is $341.90.

The monthly payment for a loan depends on the total loan amount, the interest rate, and the repayment period.

Calculate the monthly interest rate by dividing the APR by 12 months.

11% APR/12 months = 0.0092 monthly interest rate.

Calculate the total number of payments (N) by multiplying the number of years (60) by 12 months.

60 years x 12 months = 720 payments

Calculate the monthly payment by using the formula:

Monthly Payment = (Principal x Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-N))

Monthly Payment = ($17,000 x 0.0092) / (1 - (1 + 0.0092)^(-720))

Monthly Payment = $341.90

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A large corporation entered into a very significant long-term debt agreement during the current year. Which of the following would the auditors most likely be concerned with: a. Approval by the corporation's Controller b. Approval by the corporation's Board of Directors
c. Approval by the corporation's CEO d. Approval by the corporation's CFO

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Large corporations signed very significant long-term debt agreements this year. The auditor will most likely seek approval from the company's board of directors.

What is task of the board of directors?

The Board of Directors (B of D) is the company's governing body, elected by the public company's shareholders, to set strategy and oversee the conduct of business. Board meetings are generally held on a regular basis. The board of directors is responsible for protecting the interests of shareholders, setting management policy, overseeing the company or organization, and making decisions on important matters facing the company or organization.

Who chooses a company's board of directors?

Once the company is operational, directors are typically elected by shareholders at an annual general meeting. The board of directors, as the name suggests, “directs” the affairs and business rule of the company.

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Identify each statement as either causing an increase or a decrease in the production of restaurant and bar services during the coronavirus pandemic of 2020, and thus shifting the production possibilities frontier (PPF) outward or inward. Shifts PPF Outward Drag appropriate answer(s) here installing barriers like sneeze guards and partitions devising a new system of curbside delivery Shifts PPF Inward shortage of cleaning supplies like paper towels contactless transactions using smartphones Drag appropriate answer(s) here

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Depending on a number of variables, the output of restaurant and bar services during the 2020 coronavirus pandemic may increase or decrease, altering the production possibilities frontier (PPF) in response.

PPF is shifted outward.

(A larger number of customers will be drawn in.)

1-Creating a new curbside delivery system

2- Smartphone contactless transactions

3-Putting up dividers and sneeze guards as obstacles

Contactless payments and new technology will provide consumers with  a sense of security.

a societal divide that causes people to seek more products and services, which shifts the demand curve outside.

PPF is turned inward: (Reduction in Number of consumers)

Paper towels and other cleaning materials are in short supply.

A lack of cleaning will discourage guests from entering the restaurant.

Anything that makes people feel comfortable and secure or makes it possible for restaurants to save money will cause PPF to migrate inward when customers are unwilling.

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Caitlyn and Daniela are going out for pizza to their local gourmet pizza shop. They order a pizza with a total of 5 toppings. The restaurant charges 8 dollars for a pizza, plus $1 per basic topping and $2 per premium topping. The girls spend a total of $15 on their pizza. Let x = the number of basic toppings and y = the number of premium toppings. How many basic and how many premium toppings did they order?
answer choices
A. 7 basic toppings and no premium toppings
B. 3 basic toppings and 2 premium toppings
C. 7 basic toppings and no premium toppings
D. No basic toppings and 5 premium toppings

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Pizza is an Italian dish made of a typically round, flat base made of leavened wheat-based dough that is topped with tomatoes, cheese, and frequently other ingredients (such as different kinds of sausage,

mushrooms, onions, olives, vegetables, meat, ham, etc.. The pizza is then baked at a high temperature, traditionally in a wood-fired oven. [1] A pizzetta is another name for a little pizza. A pizzaiolo is someone who creates pizza. In Italy, a knife and fork are used to consume the unsliced pizza that is offered in restaurants. However, in informal settings, it is cut into wedges and eaten with the hand. The word "pizza" first appeared in writing in the 10th century.

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1. A bond's call feature may be exercised if
1. the yield to maturity exceeds the current yield
2. the yield to maturity is less than the current yield
3. interest rates have risen
4. interest rates have fallen
Select one:
a. 1 and 3
b. 1 and 4
c. 2 and 3
d. 2 and 4

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Option (a) is correct. A bond's call feature may be exercised if the yield to maturity exceeds the current yield and interest rates have risen.

Bonds are a financial instrument issued by companies to raise capital and fund their business operations. The company is called the issuer, and the buyer is called the investor or bondholder. The company promises the lender a regular predetermined interest on the principal amount.

In bond terms, this interest rate is called a coupon. For example, if you purchase a 20-year bond of Rs 10,000 with a coupon rate of 10%, the bond will pay you interest of Rs 1,000 every year. A bond's call feature may be exercised if the yield to maturity exceeds the current yield and interest rates have risen.

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Rollerbeam Inc., a provider of engineering services, is looking to hire several maintenance engineers. Rollerbeam's HR department checks with the company's engineering department to confirm that the scenarios mentioned in the test are plausible real-world scenarios that maintenance engineers might face. Which of the following types of validation is Rollerbeam's HR team performing?

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The type of validation which Roller beam's HR team performing is Content validation.

What is Content validation?

Examining an instrument's content validation determines whether it adequately captures each pertinent aspect of the concept it seeks to assess. A theoretical concept, topic, or idea—specifically, one that is typically not directly measurable—is referred to as a construct in this context. One of the four forms of assessment validity is content validity.

Further the degree to which a measure accurately captures all aspects of a certain construct is referred to as content validation in psychometrics.

Therefore credibility of a survey or evaluation questionnaire is known as content validity. This helps HR managers gauge how well a test used in the employee shortlisting or selection process is working.

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Which of the basic organizational functions records all financial activity from billing customers to paying employees?accounting

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Accounting is the basic organizational functions records all financial activity from billing customers to paying employees.

Accounting is the manner of recording financial transactions pertaining to a enterprise. The accounting system consists of summarizing, reading, and reporting these transactions to oversight businesses, regulators, and tax collection entities.

Accounting, also known as accountancy, is the size, processing, and communique of economic and non monetary records about monetary entities together with corporations and corporations.

Basic accounting concepts used within the commercial enterprise international cover sales, costs, belongings, and liabilities. those elements are tracked and recorded in documents inclusive of balance sheets, earnings statements, and cash drift statements.

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Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $4 per share. Find the stock price, P/E ratio, and growth rate of dividends for plowback ratios of: (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter the growth rate as a percent rounded to 1 decimal place.)
Plowback Ratios Stock Price P/E Ratio Growth Rate of
Dividends
a. Zero $ %
b. .50 %
c. .80 %

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Plowback ratio can be calculated using the stock price and growth rate of dividend. It is the fraction of companies net earning that are retained yo be reinvested.

The term Plowback ratio is the fraction of earnings that a firm retain for the future investment purposes and the remaining portion is distributed among shareholders as dividends. It is also known as Retention ratio and the sum of plowback ratio and dividend payout is always equal to 1.

             g = ROE × b

Where g = Growth Rate (%)

         ROE = Return on Equity

             b = Plowback Ratio

plowback ratio of 0, Stock price = $30.00, P/E ratio = 10, Growth rate of dividends = 0

For plowback ratio of 0.50, Stock price = $31.50, P/E ratio = 10.5, Growth rate of dividends = 5%

For plowback ratio of 0.70, Stock price = $32.10, P/E ratio = 10.7, Growth rate of dividends = 7%

Accordingly we can calculate the plowback ratio.

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which of the following scenarios illustrates a solution for the problem of getting states to comply with federal government policies, as described in the passage? responses the federal government can withhold highway funds from states that do not raise the age to drink alcohol to 21. the federal government can withhold highway funds from states that do not raise the age to drink alcohol to 21. the federal government can place a tax on any goods that an individual regularly transports across state borders. the federal government can place a tax on any goods that an individual regularly transports across state borders. both the states and the federal government have the power to issue income taxes. both the states and the federal government have the power to issue income taxes. a constitutional amendment can be passed to override a supreme court decision.

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The federal government can withhold highway funds from states that do not raise the age to drink alcohol to 21.

What exactly is an alcohol?

(AL-kuh-hol) a molecule present in beverages including beer, wine, and liquor. Some medications, mouthwashes, home goods, and essential oils also contain it (scented liquid taken from certain plants). It is produced using yeast and carbohydrates in a chemical process known as fermentation.

Why is drinking bad for you?

Chronic illnesses and other grave issues including high blood pressure, heart disease, stroke, liver disease, and digestive issues can all develop over time as a result of heavy alcohol consumption, including these ones: liver disease. Breast, mouth, throat, esophagus, voice box, liver, colon, and rectum cancers are among the most common types.

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companiesshould not make tax adjustments when calculating the (after-tax) cost of preferred stock because preferred dividendsare not tax deductible, so the company bears their full cost.

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True, companies should not make tax adjustments when calculating the (after-tax) cost of preferred stock because preferred dividends are not tax deductible, so the company bears their full cost.

The price a firm must pay for the revenue it will receive from issuing and selling preferred stock is effectively the cost of preferred stock. In other words, it's the sum that the business distributes each year divided by the one-time payment from issuing the stock.

This statistic is frequently used by management to choose the most cost- and effectiveness-effective method of capital raising. In order to raise money for investments in new projects or to maintain current ones, corporations may issue debt, common shares, preferred shares, and a variety of other instruments.

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Indicate in the blank spaces below, the section of the balance sheet where the toll items are reported. Use the following code to identify your answer: owing Property, Plant, and Equipment Intangibles Other Not on the balance sheet PPE N/A 6. Goodwill 7. Land Improvements 8. Buildings 9. Accumulated Depreciation 10. Trademarks 11. R and D Costs Identify the following expenditures as capital expenditures (C) or expenses (E) 12. Replacement of worn out gears on factory machinery Construction of a new wing on an office building. Oil change on a company truck Overhaul of a truck motor. One year extension in useful life is expected. Purchased a wastebasket at a cost of $10. 15. 16.

Answers

The depreciation cost after 1 year is $5.

The term depreciation in economics refers an accounting method of allocating the cost of a tangible asset over its useful life to account for declines in value over time.

Here we have given that Oil change on a company truck Overhaul of a truck motor.

And we need to find the depreciation cost after one year.

While we looking into the give question, we have identified that the one year extension in useful life is expected.

And the Purchase price of a a wastebasket is $10.

Here let us consider that the salvage cost is 0.5.

So, as per the depreciation formula, the resulting cost is calculated as,

=> 10 x 0.5/1

=> 5

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The accuracy of the market extraction method depends on an accurate reproduction cost new estimate for subject property improvements and ______.

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The accuracy of the market extraction method depends on an accurate reproduction cost new estimate for subject property improvements and actual comparable sales of both improved properties and vacant sites.

To make sure that the improvement value extrapolated from the comparable sales is reasonably correct, vacant land sales are essential. The Market Extraction Method consists of the following steps. Find the given property's improvements cost new (RCN). Find sales of comparable properties, calculate the entire physical depreciation of each comparable sale as of the selling date, and calculate the transaction's contributing land value. The Age-Life Method's fundamental premise is that degeneration happens at a consistent average annual pace.

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FILL IN THE BLANK. If you hold a personal value of thriftiness, then you probably will have a favorable __________ toward automobiles with good fuel economy. A. belief B. value C. attitude D. motivation E. perception

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If you place a high importance on being attitude, you'll likely be sympathetic toward vehicles that get decent gas mileage.

A person's attitude toward something, or their approach to it, or their own opinion of it, is described as a psychological concept in psychology known as attitude. Their thinking, outlook, and emotions are all part of their attitude. Attitudes are complicated and a product of life experience. The term "attitude" refers to a person's predisposition state of mind regarding a value. It is triggered by a person's response to themselves, another person, a location, a thing, or an event (the attitude object), which in turn affects the person's thought and action. If you place a high importance on being attitude, you'll likely be sympathetic toward vehicles that get decent gas mileage.

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From the following list, select all the statements that correctly characterize or define e-commerce ubiquity.
The term refers to the degree an organization has gained access to consumers, thus increasing the likelihood of product or service adoption.
It is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell the products and services they offer.
It gives customers the ability to purchase products and services regardless of time or location.

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The statements that correctly characterize or define e-commerce ubiquity is: it gives customers the ability to purchase products and services regardless of time or location.

E-commerce is a commercial transaction through the internet. Because of the nature of the internet, this kind of business is not bounded by time and space, everyone who can access the internet can conduct the transactions anytime, anywhere. This is the definition of e-commerce ubiquity which refers to the ability of the customers to purchase products and services regardless of time and location. This is why e-commerce has more advantages over the conventional business, because customers can access this e-commerce 24 hours a day, 7 days per week non-stop.

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The major text portion of a print advertisement that should arouse a desire for the product and move the consumer to action is contained in theSelect one:a. body copy.b. photo credits. Incorrectc. headline.d. subheads.e. brand elements

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The (a) body copy, of a print advertisement, contains the bulk of the content that should pique the consumer's interest in the product and prompt them to take action.

The principal idea is supported by the body copy, which is what finally convinces a person to purchase a good or service. This text describes the product in-depth and justifies how and why customers will profit from it.

Other essential components of the advertisement, such as the corporate emblem that helps identify who is marketing the product, are typically present in addition to the body copy.

Most advertisements also include a headline that aims to draw customers' attention in addition to the logo.

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A party that is determined to have caused environmental damage may be subject to which of the following? Choose 3 answers. paying civil and criminal penalties and being subject to imprisonment conducting an environmental compliance audit paying for restitution conducting a clean-up

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A party that is determined to have caused environmental damage may be subject to a)paying civil and criminal penalties and being subject to imprisonment and c) paying for restitution.

Since the passage of the Superfund law in 1980, there has been a marked increase in the criminal enforcement of environmental regulations. For prosecutors looking for speedy outcomes in environmental trials, corporate officers, managers, and employees are frequently top targets.

The truth is that draconian mandatory sentencing standards result in business executives being imprisoned. Without any personal involvement or knowledge, guilt can be established and a sentence of imprisonment can be given.

The "responsible corporate official" doctrine, which states that if there is a "responsible relationship" between a corporate official and the illegal activity, then such official can be liable even if such official is not personally involved in or aware of the illegal activity, results in the corporate official's liability.

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Schopp Company makes swimsuits and sells these suits directly to retailers. Although Schopp has a variety of suits, it does not make the All-Body suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the All-Body suit would sell for approximately $114. Given its experience, Schopp believes the All-Body suit would have the following manufacturing costs.
Direct materials $29
Direct labor 28
Manufacturing overhead 45
Total costs $102
Assume that Schopp uses cost-plus pricing, setting the selling price 24% above its costs. What would be the price charged for the All-Body swimsuit?
assume that Schopp uses target costing. What is the price that Schopp would charge the retailer for the All-Body swimsuit?
What is the highest acceptable manufacturing cost Schopp would be willing to incur to produce the All-Body swimsuit, if it desired a profit of $26 per unit?

Answers

Cost accounting refers to the process of recording, classifying, summarizing, allocating, and analyzing the different alternative measures to control costs. Its purpose is to guide the management on how to control costs effectively and maximize productivity. It provides detailed information on the costs that need to be focused on and finds out an alternative course of action to control the costs in the future.

Types of Cost Accounting:

• It is a method of alternating the estimated cost with an actual cost and showing the periodic variances of the estimated cost with its actual costs.

Standard cost accounting:

• Activity-based costing: It is a method of identifying the activities performed by a company and allocating the indirect costs to the products and services based on the actual consumption by each product or service.

• Resource consumption accounting: It is a management theory that explains the comprehensive management accounting approach which helps the management to make decisions for the company’s overall growth.

• Throughput accounting: It is an accounting approach that helps the management to make decisions for the company’s profitability growth.

• Life Cycle Costing: It is a measure used to analyze the pending and future costs and find out alternative measures that would have a positive impact on such costs. It compares the initial investment possibilities and evaluates the least-cost courses of action for a period of twenty years.

• Environmental Accounting: It is an accounting that identifies the use of natural resources, analyzes the costs associated with it and its impact on the environment, and provides detailed cost information with alternative courses of action.

• Target Costing: It is an accounting method to evaluate the cost of a product’s life cycle which would be effective, functional, qualitative, and able to generate expected profit.

Cost plus pricing: Cost plus pricing is a method in which the selling price is calculated by adding direct materials, direct labor, and manufacturing overhead for a product and then adding specific markup cost to a product unit cost. It is otherwise called value-based pricing.

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The following data are available for Deli Corporation.
Net income $200,000
Depreciation expense 60,000
Dividends paid 90,000
Loss on sale of land 15,000
Decrease in accounts receivable 10,000
Decrease in accounts payable 45,000
Net cash provided by operating activities is:
Select one:
A. $140,000.
B. $260,000.
C. $160,000.
D. $240,000.
E. None of the above.

Answers

From the following data available for Deli Corporation the net cash provided by operating activities is $240,000.


A company's financial accounts will reveal an amount known as net cash. It is calculated by deducting all of the company's liabilities from its total cash. When analyzing a company's cash flow, the net amount is often used.

Net cash can also mean the amount of cash remaining after a transaction has been completed and all related expenses and deductions have been taken into account. To determine net cash, which is a number that appears on a company's financial statements, total liabilities are subtracted from total cash.

Hence the correct option is D

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the product development group at landon corporation has been working on a new computer software product that has the potential to capture a large market share. through outside sources, landon's management learned that a competitor is working to introduce a similar product. as a result, landon's top management increased its pressure on the product development group. the group's leader turned to pert/cpm as an aid to scheduling the activities remaining before the new product can be brought to the market. the project network is as follows.

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Expected time = (Optimistic time + 4* Most Probable time + Pessimistic time) / 6 Variance = (S.D.)2

Standard deviation = (Optimistic time - Optimistic time) / 6 The critical path is B-E-H-J, with an expected duration of 26 weeks (4+10+7+5) and a variance of 4.11 or a standard deviation of 2.03 The project time (say X) has a normal distribution Z=.49261),

so the probability that the project will be finished in 25 weeks is.311, and Prob. (30) = Prob. Z = 1.97), so the project's 30-week completion rate is.975 percent.

Critical Activity Expected Time Variance A 4 0.11 No B 4 0.44 Yes C 5 0.11 No D 3 0.11 No E 10 1.78 Yes F 9 0.69 No G 6 0.25 No H 7 1.78 Yes, I 3 0.44 No J 5 0.11 No.

In PERT, how is optimistic and pessimistic time calculated?

As its inputs, PERT employs estimates of Pessimistic, Optimistic, and Most Likely. (Pessimistic + 4x Most Likely + Optimistic) / 6 is the traditional (beta) PERT formula. C. Sprightly's normal worth estimation, utilizing the customary Beta conveyance, is as per the following: [ optimistic, pessimistic, and (four times most likely)]/6.

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Full Question = the product development group at landon corporation has been working on a new computer software product that has the potential to capture a large market share. through outside sources, landon's management learned that a competitor is working to introduce a similar product. as a result, landon's top management increased its pressure on the product development group. the group's leader turned to pert/cpm as an aid to scheduling the activities remaining before the new product can be brought to the market. the project network is as follows.

The activity time estimates (in weeks) are as follows:

Activity Optimistic Most Probable Pessimistic

A 3 4 5

B 3 3.5 7

C 4 5 6

D 2 3 4

E 6 10 14

F 7.5 8.5 12.5

G 4.5 6 7.5

H 5 6 13

I 2 2.5 6

J 4 5 6

when developing probabilistic estimates of project duration, it is necessary to know which of the following? multiple choice the standard deviation of activities on the critical path the distribution of activity times the mean and variance of activities on the critical path each activity's probability of completion the mean and variance of every activity

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For producing probabilistic estimates of the project duration, the mean and variation of the activities must be determined.

Probablistic explanation: What is it?

A probabilistic strategy or model is based on the probability theory, or the notion that chance affects future events.

In other words, probability can refer to either actual events or to our level of belief in those events. A probabilistic explanation is a style of reasoning that takes into consideration the likelihood of an event occurring or the degree to which a person thinks an event or proposition to be true.

An ensemble of random variables' combined distribution is described by a probabilistic model. Imagine, for instance, that a friend of yours claims to be endowed with psychic abilities, particularly the capacity for psychokinesis. He suggests using a coin toss to show off these abilities and directing the outcome to yield heads.

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"I believe that it must be the policy of the United States to support free peoples who are resisting attempted subjugation by armed minorities or by outside pressures. I believe that we must assist free peoples to work out their own destinies in their own way. I believe that our help should be primarily through economic and financial aid which is essential to economic stability and orderly political processes."
The statement above is taken from

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The statement above is taken from Harry S. Truman's Truman Doctrine.

The Truman Doctrine, created by President Harry S. Truman, stated that the United States would offer political, military, and economic support to any democratic nation under attack from internal or external authoritarian forces.

The Truman Doctrine, also known as the policy of containment, was President Harry Truman's international doctrine under which the US would offer political, military, and economic assistance to democratic nations under communist danger in an effort to stop communism from spreading.

The Truman Doctrine's main objectives were to stop the Soviet Union (USSR) from expanding and to control and prevent the communist sphere of influence in governments all over the world, particularly in Asia and Europe.

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the current rate method is the most prevalent method today for the translation of financial statements.

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The temporal rate method is the most prevalent method today for the translation of financial statements.  

What is the temporal rate method?

The temporal rate method which is also known as the historical method can be understood as that which converts the currency of a foreign subsidiary into the currency of the parent company. This technique of foreign currency translation is used when the local currency of the subsidiary is not the same as the currency of the parent company. Differing exchange rates are used depending on the financial statement item being translated.

The parent company's currency is called the functional currency.

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