Answer:
Explanation:
S&P 500, Dow Jones Industrial Average, and Nasdaq Composite.
he journal entry to record $5.6 million in sales on account includes a ______. (Select all that apply.) Multiple select question. credit to Sales Revenue of $5.6 million credit to Accounts Payable for $5.6 million debit to Cash of $5.6 million debit to Accounts Receivable of $5.6 million debit to Allowance for Doubtful Accounts of $5.6 million
The journal entry to record $5.6 million in sales on account includes a credit to Sales Revenue of $5.6 million and debit to Accounts Receivable of $5.6 million.
What does journal entry mean?A journal entry is a record of a business's financial transactions kept in its accounting books. An accurate date, the sums to be debited and credited, a description of the transaction, and a special reference number are all components of a properly documented journal entry. The accounting cycle begins with a journal entry.
What is an example of a journal entry?A purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry.
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Answer:B and D
Explanation:
A(n) ________ occurs when a firm steadily improves an existing product thereby targeting an existing market while using existing technology.
A(n) innovation occurs when a firm steadily improves an existing product thereby targeting an existing market while using existing technology.
What is Innovation?“Innovation involves adding value to an existing product. This is done to further improve on an existing product.
A market is created fore the product and promoted
Therefore,
A(n) innovation occurs when a firm steadily improves an existing product thereby targeting an existing market while using existing technology.
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Bonnie made the final payment to Big Bank on the 30-year mortgage loan she had on her home. Shortly thereafter Big Bank, to prove that the mortgage has been paid, filed a satisfaction of a mortgage with ________.
Because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
What is a satisfaction of mortgage?This refers to a document that serves as evidence the debtor has paid the mortgage in full and also releases the lien associated with the loan from your property and transferring the title to them.
Hence, because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
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Sabrina works as a shoe salesperson. She is paid a regular hourly rate of $9 per hour plus a shared commission of any sales that transpire while she is working her shift. This is an example of:
When Sabrina is paid a regular hourly rate of 9$ along with a shared commission, this is an example of a Salary paid commission.
Salary paid CommissionPay that includes both a base salary and a commission is known as salary paid commission.Because there is a guarantee of compensation regardless of how much they generate in sales, employees prefer this sort of commission. One should compute and include any commissions you receive in the overall remuneration. The formula for calculating commission money will vary depending on the configuration. Salaried workers benefit from the stability of predictable paychecks and typically earn more money overall than hourly workers. Additionally, they frequently have easier access to benefit plans, incentives, and paid time off.One can't cut costs by telling an employee they don't need to come in for a wage position.
Hence, when Sabrina is paid a regular hourly rate of 9$ along with a shared commission, this is an example of a Salary paid commission.
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Dynamic Resources reported the following information for year ending June 30, 2016 (values in millions): Plant, Property & Equipment, gross $3,000 Accumulated Depreciation 1,400 Plant, Property & Equipment, net 1,600 Salvage Value 200 The company also reported the following transactions on the first day of fiscal 2017: Sale of asset with gross PP&E of $600 million for $500 million and useful life of 3 years and no salvage value. Recorded a gain on sale of $300 million. Write off of asset with gross PP&E of $400 million. Asset was purchased 3 years ago with original useful life of 4 years and salvage value of $200 million. Purchase of new equipment for $1,400 million with useful life of 8 years and no salvage value. Assuming the remaining useful life of other equipment is 10 years on a straight-line basis, what is the net PP&E as of June 30, 2017?
Based on the various entries for fixed assets owned by Dynamic Resources, the net PP&E as of June 30, 2017 is $2,260 million.
How much is the PP&E as of June 30, 2017?This can be found as:
= (Value of old assets - Old asset depreciation in 2017) + (Value of new assets - New asset depreciation in 2017)
Value of old assets:
= 1,600 - 200 for sale of assets - 250
= $1,150 million
Net PP&E is:
= (1,150 - (1,150 / 10 years)) + (1,400 - (1,400 / 8 years useful life))
= $2,260 million
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Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _______ as the forecasting horizon _______.
A company's stock is trading at $15.00 and paid $0.25 per share in dividends last year, which are expected to grow by 6.0%. The company's discount rate is 8.0%. What is the company's implied stock price, calculated in accordance with the dividend discount model
The implied stock is $13.25.
Given stock trading at $15.00, paid $0.25, expected growth is 6% and discount rate is 8%
Implied stock is to be computed.
Investors use the value per share of common equity to evaluate a company's success. On earnings statements, companies must provide this amount, known as earnings per share (EPS). This statistic is also used by investors to compute dividends paid to shareholders.
The implied value per share is determined by the number of outstanding shares as well as the amount of net earnings available to shareholders.
The formula to compute the implied stock is given below:
Implied stock = Paid amount × (1+ expected growth percentage)/(discount rate -expected growth percentage)
Implied stock =$0.25 ×(1 + 6%) / (8% - 6%)
= $13.25
Therefore, the implied stock is $13.25.
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A mobile veterinary business, Portable Paws, Inc., created a mission statement long before it opened its doors for business. The mission statement referred to the unique characteristic of the business: a traveling pet unit whose veterinarians went to the home of the pet owner, rather than the pet owner bringing the pet to the clinic. What other criteria should be considered for the mission statement
Another criteria that has to be considered for the mission statement would be the customer that would be served and the social responsibility it owes to the environment.
What is a mission statement?This is a statement that is made by a company or and organization that tells us of their aims, obligations and their values.
One of these would be to serve customers efficiently and also operate in an efficient manner that would be beneficial to the environment.
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Porsche is well known as a brand of luxury sports cars; accordingly, it has leveraged its brand name to introduce clothing offerings emblazoned with its logo. It has also licensed its logo to many different products, from sunglasses to guitars. If consumers begin to doubt the luxury status of the cars because anyone can afford a pair of sunglasses, Porsche might be at risk of:
If consumers begin to doubt the luxury status of the cars because anyone can afford a pair of sunglasses, Porsche might be at risk of brand dilution.
The weakening of a brand's strength that can happen when a firm supports too many brands and spreads its resources too thinly.When a brand loses value, often referred to as excessive brand expansion, it usually happens after the introduction of a product that isn't in line with the initial goals of the business. For instance, you would view the sudden release of a line of tennis shoes by a chocolate bar company as brand dilution.What is the best way to avoid brand dilution?
By remaining in their core markets, extending their quality standards to all of their new items, and making sure that they are still functioning with the consumer in mind, businesses can avoid brand dilution. A company's expansion into too many markets might result in brand dilution.Learn more about brand dilution brainly.com/question/13753329
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If a country is producing efficiently, it will produce __________ its production possibilities curve. If a country is producing inefficiently, it will produce __________ its production possibilities curve.
The answer is on and below.
In economics, the maximum output of two items with a certain quantity of input is measured by a production possibilities curve. The four variables of production—natural resources (including land), labor, capital goods, and entrepreneurship—combine to make up the input.
The PPF illustrates that a rise in one commodity's production can only occur when the output of the other commodity falls. Managers may use the PPF as a tool for making decisions when determining the best product mix for their organization.
Therefore, the first blank will be filled by on and second by below.
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Menu costs refers to Question 44 options: resources used by people to maintain lower money holdings when inflation is high. resources used to price shop during times of high inflation. the distortion in incentives created by inflation when taxes do not adjust for inflation. the cost of more frequent price changes induced by higher inflation.
Menu costs refers to The cost of more frequent price changes induced by higher inflation.
Which of the following helps to explain why the inflation fallacy is a fallacy?The rise in nominal income typically coincides with an increase in the price level.Which of the following would most likely be called a hyperinflation?The average annual price rise was 300 percent.What is inflation fallacy?The inflation fallacy is the misconception that a rise in prices results in a corresponding decrease in purchasing power. Many economists contend that this is untrue because every purchase represents the income of a different person.Learn more about inflation fallacy here:
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______ is the actual amount each common stockholder would expect to receive if the firm's assets are sold, creditors and preferred stockholders are repaid, and any remaining money is divided among the common stockholders.
Liquidation value is the actual amount each common stockholder would expect to receive if the firm's assets are sold, creditors and preferred stockholders are repaid, and any remaining money is divided among the common stockholders.
Who is a stockholder?A stockholder is otherwise known as a shareholder of a company. Stockholders are the owners of the company and generally acquire the company's fulfilments in the form of increased valuation.
Therefore, the correct answer is as given above.
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A firm with no debt in its capital structure is Blank______. Multiple choice question. stratified unlevered unstable levered
The correct answer of a firm with no debt in its capital structure is an unlevered firm.
Unlevered firm-
An unlevered organization is a business enterprise without a debt, and is called unlevered as it would not have monetary leverage. Financial leverage is created while a business enterprise makes use of borrowing, typically from lenders, or from investors, via means of issuing debt through bonds or desired stock. It is likewise known as an all-equity organization.
The value of an unlevered organization continually has a tendency to be lower than a levered organization because of the advantage of a tax shield. A firm that has debt in its capital structure is a levered organization.
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As the business world increasingly shifts from product focus to customer focus, why are most organizations treating existing customers better than in the past
Companies are treating existing customers better than in the past due to the multitude of competitors in a growing, globalized market.
How do customers influence the business?The needs and desires of consumers are the source of existence of organizations, which seek ways to meet their economic needs to be well positioned and profitable in the market. So the more a brand has value for the consumer, the more the company will be positioned in the market.
Therefore, it is essential for companies to develop aligned marketing to establish strong consumer relationships, increasing value as well as competitive advantage.
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Society gains advantages through trade because of its ability to:
Society gains advantages through trade because of its ability to refine tasks that are connected with production and specialize resources to the uses where opportunity cost is minimized.
What is trade?Trade can be defined as the exchange of goods and service or the act of buying and selling.
Hence, Society tend to gains advantages through trade based on the fact that its ability to refine tasks that are associated with production as well as specialize resources to the uses where opportunity cost are reduced or minimized.
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Samantha and Bethany are purchasing their first home and reviewing the terms of a 15-year mortgage with their lender, Jim, at First Union Bank. Jim reviews the amount of the loan, the interest rate, the total amount of interest they will pay over the course of their loan, and the total amount of money that will be paid over time. Jim is required to provide this information, as it is federally mandated as part of the Truth in Lending Act that was passed in 1968 to protect consumers. Jim is doing what is _______ right by providing this information to Samantha and Bethany.
Jim is doing what is legally right by providing this information to Samantha and Bethany.
The Truth in Lending Act (TILA): What Is It?A federal statute known as the Truth in Lending Act (TILA) was passed in 1968 with the intention of assisting customers in their interactions with creditors and lenders. The Federal Reserve Board implemented the TILA through a number of regulations. The act's disclosure requirements for information like the annual percentage rate (APR), the length of the loan, and the overall costs to the borrower are some of its most significant features. The borrower must be made aware of this information clearly on all documents before signing them, including occasionally on periodic billing statements.
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Assume both Paul and Cliff divide their time equally between the production of corn and wheat, and they do not trade. If they are the only producers of wheat and corn, then total production of wheat and corn is
The answer is 7 bushels of wheat and 7 bushels of corn.
Referring to the diagram in the attached image.
If both Paul and Cliff dedicate their time entirely to one crop.
Paul can grow 8 bushels of wheat and Cliff can grow 6 bushels of wheat
Or Paul can grow 10 bushels of corn and Cliff can grow 4 bushels of corn.
But If they divide their time equally between the two crops, each can grow half of each crop,
Then Paul will be growing 4 bushels of wheat and 5 bushels of corn.
And Cliff will be growing 3 bushels of wheat and 2 bushels of corn.
Total production = Paul's production + Cliff's production
= (4 bushels of wheat+5 bushels of corn) + (3 bushels of wheat+2 bushels of corn)
= (4+3) bushels of wheat + (5+2) bushels of corn
= 7 bushels of wheat + 7 bushels of corn
Hence, total production is 7 bushels of wheat and 7 bushels of corn.
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Fill in the blank. Behavioral marketing is the method by which companies target audiences based on their behavior, interests, intentions, geolocation, and other metrics using _________, cookies, search history, and other insights.
Behavioral marketing is the method by which companies target audiences based on their behavior, interests, intentions, geolocation, and other metrics using web analytics, cookies, search history, and other insights.
What is behavioral marketing?Behavioral marketing, in a nutshell, is the technique of presenting personalized adverts or content based on a user's previous activities and behaviors. The rationale for this is that if adverts are more relevant to the user, they are more likely to respond positively (i.e. buy something).Consumer behaviors are classified into four types: awareness, preference, engagement, and advocacy. Each of these stages is critical for a marketer.Companies use web analytics, cookies, search history, and other data to target audiences based on their behavior, interests, intentions, geolocation, and other factors in behavioral marketing.What is web analytics?The measurement, collecting, analysis, and reporting of web data in order to understand and optimize web usage is known as web analytics. Web analytics is more than just measuring web traffic; it may also be used for business and market research, as well as to review and enhance the effectiveness of websites.The definition itself states that companies use web analytics, cookies, search history, and other data to target audiences based on their behavior, interests, intentions, geolocation, and other factors in behavioral marketing.
Therefore, behavioral marketing is the method by which companies target audiences based on their behavior, interests, intentions, geolocation, and other metrics using web analytics, cookies, search history, and other insights.
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Which descriptions about simple interest and yearly compounded interest are true? Check all that apply.
Only compound interest has an exponent in its formula.
Simple interest is earned on principal and interest.
Compound interest earns more money than simple interest at the same rate for the same amount of time.
Simple interest earns more money than compound interest at the same rate for the same amount of time.
Simple interest is only earned on the original principal investment.
Only compound interest earns the same interest amount every year.
Only simple interest uses time in its formula.
Compound interest is earned on principal and interest.
Descriptions about simple interest and yearly compounded interest are true are :
Only compound interest has an exponent in its formula.Simple interest is only earned on the original principal investment.Compound interest is earned on principal and interest.What is simple interest and compound interest?Simple interest is the one that the calculation is based on principal, or of a loan.
Compound interest is base on principal amount as well as the accumulated interest of previous periods.
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27. The organizational unit that represents the independent legal accounting entity in SAP is the ________.
The organizational unit that represents the independent legal accounting entity in SAP is the Company Code.
What is SAP?A well-known enterprise resource planning (ERP) program is SAP, or Systems Applications and Products. SAP establishes a centralized system for organizations that enables each department to access and exchange common data in order to improve the working conditions for all employees.
A company code in SAP is the smallest organizational unit of external accounting for which you can establish a totally self-contained set of accounts for transaction posting.
If there are external reporting requirements, such as segment reporting for that unit in the local currency of that country, you can also use a business code to indicate a legally dependent operating unit abroad (commercial place of work).
Therefore, The Company Code is the SAP organizational unit that reflects the independent legal accounting entity.
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Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow
Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow taxable income would fall to zero, taxes would be zero, and net cash flow would rise.
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline. Description: A loss in an asset's value, or depreciation, can also be brought on by other reasons like bad market conditions, etc.
The base of an income tax system is referred to as taxable income. In other words, the amount of revenue that was subject to taxation. In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
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What happens to the total quantity supplied when the price of the product drops below $100?
When the price of the product drops below $100
the total quantity supplied increase.
Why will the supply increase?According to the law of demand, when the price of a given commodity is high the consumer demand less of the product but when the price is low more quantity of the product is demanded as the demand increases this increase supply at that given point in time.
Therefore, When the price of the product drops below $100 the total quantity supplied increase.
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Some advantage(s) of Business Process Re-engineering include: Group of answer choices a. Cycle time reduction d. Laying off employees c. Restructuring organization b. Effective communication e. a, b, and c (i.e., Cycle time reduction, effective communication, and restructuring organization are all advantages of BPR).
a, b, and c (i.e., Cycle time reduction, effective communication, and restructuring organization are all advantages of BPR).
It saves time. It simplifies the decision-making process. It reduces errors. Avoids potential for disagreement
What is Business Process Re-engineering ?BPR or business process reengineering is the central reevaluating and radical update of business procedures to accomplish various upgrades in primary, contemporary proportions of execution like cost, quality, administration, and speed.
The purpose of business process reengineering is to completely overhaul existing methods.Business processes are redesigned from the ground up with a renewed focus on the company's mission and the customers' needs.Learn more about Business Process Re engineering here:
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Important of process of planing
Answer:
In particular, planning helps to critically assess the goal to see if it's realistic. It facilitates decision making and allows setting a time frame by predicting when the company can achieve its goal. It also defines how to measure performance against the set goals and whose responsibility it will be.
Red offers to pay Sara to deliver certain documents within thirty minutes. Sara can accept the offer only by completing the task within the deadline. If she does, Red and Sara will have Group of answer choices a bilateral contract. a unilateral contract. a void contract. an executive contract.
B) A unilateral contract.
What exactly is a unilateral contract?In contrast to the more typical bilateral contract, a unilateral contract is a sort of agreement where one party (also known as the offeror) makes an offer to another individual, business, or the general public. The offeree must carry out the act or provide the service specified in the agreement in order to get what the offeror promised.
While there are no promises made in a unilateral contract, there are fixed agreements and commitments between two parties in a bilateral contract. Instead, the offeror asks the offeree to fulfill a request, execute an act, or render a service.
What do you need to understand about unilateral contracts?
Although only one party is making a pledge in a unilateral agreement, it is nonetheless legally binding.
A task must be completed in order to accept a unilateral contract.
The unilateral agreement's act is not required to be carried out by the offeree.
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If the number of employed is _____ million and the total labor force is 50 million, then the unemployment rate is 10%.
Given the unemployment rate and the total labour force, the number of employed people is 45 million.
What is the number of employed people?
The unemployment rate is the percentage of the labour force that is A person is classified as unemployed if the person is without a job but has searched for employment within the past four weeks or the person is set to resume a job within the next three months.
The labour force consists of those that are unemployed and those that are employed.
Number of unemployed people : 10% x 50 million = 5 million
Number of employed people = 50 million - 5 million = 45 million
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Which of the following can result from inflation in the United States?
A. Currency exchange rates remain the same.
b. Investors buy products in other countries.
c. The price of goods in the United States falls.
d. The value of the U.S. dollar increases.
Answer:
Investors buy products in other countries (B)
Explanation:
Out of all the answers
(A) Currency exchange rates remain the same. No
(B) Investors buy products in other countries. YES
(C) The price of goods in the United States falls. No
(D) The value of the U.S. dollar increases. No
The reason why it is not A, B, or C. When inflation happens the currency exchange rates are lower cause our inflation The Price Of goods doesn't fall it actually rises, and the value of the dollar actually decreases due to inflation. It just makes sense for investors to buy from other countries where they can pay less for what they get here in the United States.
The result from inflation in the United States can investors buy products in other countries. The correct option is (b).
What do you mean by the inflation in USA?A loss of purchasing power over time, or inflation, means that your dollar will not buy as much as it did today. The annual change in prices for a basket of goods and services is commonly used to measure inflation. There are two primary inflation indicators in the US.
According to John Taylor, a Stanford economist, monetary policy is a significant factor in the rise in inflation.
According to Stanford economist John Taylor, inflation increases when the Federal Reserve sets an interest rate that is too low or when the growth of the money supply is too rapid, as it is at the moment.
Uneven price increases during an inflationary period certainly lower some consumers' purchasing power.
Therefore, the result from inflation in the United States can investors buy products in other countries.
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Which of the following is a defense to a charge of trademark infringement? Group of answer choices There is a good chance of the public being confused. The mark is distinctive. The statutory period protecting the trademark has expired. The mark or symbol is considerably different. The use is a "fair use."
The defense to a charge of trademark infringement is the use is a "fair use".
What is Trademark Infringement?Unauthorized use of a trademark or service mark on or in connection with products and/or services in a way that is likely to lead to misunderstanding, deceit, or error regarding the source of the goods and/or services is known as trademark infringement.A plaintiff must prove both that it owns a legitimate trademark that is entitled to protection and that the defendant used the same or a similar mark in commerce in connection with the sale or advertising of goods or services without the plaintiff's consent in order to succeed on a claim of trademark infringement.Some Examples of Trademark InfringementThe selling of garment manufacturers attaching brand labels to generic products in an effort to make them "pass off" as original is one such instance of trademark infringement.What are the Elements of Trademark Infringement?The three distinct criteria of "use," "in commerce," and "likelihood of confusion" must all be present in order to prove trademark infringement.
A limiting effect of the use requirement is that it prevents trademark owners from claiming a broad right to control language. Some actions taken by a seller or producer to profit from a rival's brand recognition do not qualify as "use" for the purposes of a trademark infringement claim.The following actions satisfy the "in commerce" requirement
the alleged infringer's advertising in multiple states;interstate transfer of goods from producer to seller that display an infringement mark;delivering a goods to a different state in order to register a trademark;advertising in publications with interstate distribution, on billboards near interstates, on radio or television stations with interstate broadcasting ranges, or in magazines with interstate distributionTo know more about Trademark Infringement
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The commission structure on a stock purchase is $45 plus $0.04 per share. If you purchase five round lots of a stock selling for $130, what is your commission
The commission for purchasing five round lots of a stock selling for $130 is $65.
What is round lots of a stock?A specified quantity of securities to be traded on an exchange is known as a round lot. In the stock market, a round lot is defined as 100 shares or a bigger number that may be divided in half equally.
1 round lots = 100 shares
5 round lots = 500 shares
The commission structure on a stock purchase is $45 plus $0.04 per share.
For 500 shares, the commission is
= 45 + 0.04×500
= 65
Therefore, the commission for purchasing 500 shares of stock selling for $130 is $65.
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In marketing today, packaging carries the added responsibility of: Group of answer choices promotion and sales. minimizing product liability. gaining access to international markets. keeping product costs down.
The correct option is (A). Promotion and sales
What is Promotion and sales?
A transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service. A company may decide to utilise a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales.
Giving out coupons or vouchers, temporarily lowering costs through discounts, sampling, offering freebies, holding flash sales or buy-one-get-one-free deals, and many other methods are examples of regularly utilised sales promotions.
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