Answer:
When an enterprising individual pursues a lucrative opportunity, it is known as entrepreneurship
Explanation:
Fink Insurance collected premiums of $17,700,000 from its customers during the current year. The adjusted balance in the Deferred premiums revenue account increased from $5.0 million to $8.8 million dollars during the year. What is Fink's revenue from insurance premiums recognized for the current year?
a. $22,300,000.
b. $9,500,000.
c. $13,500,000.
d. $17,900,000.
The Fink's revenue from insurance premiums recognized for the current year is $13,900,000.
This is because to find Fink's revenue in this situation; we use this formula.
Insurance premium collected + Beginning Deferred premium account - Ending deferred premium;
Thus we have an Insurance premium collected => $ 17,700,000;
Beginning Deferred premium account => $ 5,000,000;
Ending deferred premium => $8,800,000;
Therefore by slotting the details into the formula, we have:
=> $ 17,700,000 + $ 5,000,000 - $8,800,000 = $ 13,900,000;
Hence, in this case, it is concluded that the correct answer is "$13,900,000."
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Explain your understanding of the closing process by choosing the correct statements below. (Check all that apply.) Multiple select question. the closing process helps to determine a company's liquidity. the closing process resets the balances in temporary accounts to zero. the closing process helps to summarize a period's revenues and expenses. the closing process is a helpful step in preparing financial statements.
Answer:
Resets the balances to zero
The closing process helps to summarize a period's revenues and expenses and resets the balances in temporary accounts to zero. Thus, options B and C are correct.
What is the closing process?The word “closing process” describes a set of operations that had successfully been carried out in order to officially end and effectively close certain responsibilities, operations, and constituent pieces of a certain program or segment of a venture.
In the closing process, the people have to summarize or take the account all the expenses or the process that the person has obtained.
This means that the person needs to maintain all the books till the last date for any order to do that they also have to reset the balance to a temporary one to resolve all the queries and inquiries that they are having a query which they are facing. Therefore, option B and C is the correct option.
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what is Advertising , according to the American Marketing Association
American Marketing Association recognizes the term advertising as – any paid form of non- personal presentation and promotion of ideas, goods and services by an identified sponsor. ... Advertising is a non-personal form of communication because it uses mass media forms.
what can be the role of media to provide trustworthly information to ordinary people who want to apply for foreign employment?
The role of the media in providing trustworthy information to ordinary people who want to apply for foreign employment will include:
Making researches to determine if the opportunity is genuine before dissemination of information They can also assist to ensure the people interested go with the right documents and things.Making researches to determine if the opportunity is genuine before dissemination of information ensures that the individuals are free from trouble as offences could be punishable the law.
They can also assist to ensure the people interested go with the right documents and things to also ensure that they are deported with nothing which may lead to depression.
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XYZ Company is new to marketing research and wants to gain business quickly. They put in what seems to be an unrealistic bid on a research study, figuring that if they get the business they will find ways to add additional fees. Since the quality of their work will be excellent, they believe this will be a good way to make a name for themselves in the marketing research world. This is most nearly an example of _____.
competitive marketing
low-ball pricing
ethical analysis
false promises
thank you for your cooperative
Answer:
false promises
Explanation:
the keyword was unrealistic,because their trying to add additional fees.
excel provides _____ in categories such as financial management and budgets.
Excel provides Expenses in categories such as financial management and budgets.
Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.
Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.
Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.
Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.
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Can someone help me with this business question?
Answer:
technological
Explanation:
Which of these situations can be handled by using the Management Information Systems?
An organization needs different types of managements to achieve business goals smoothly. However, managers, executives, and employees face
problems and hurdles while running the organization. (Sometimes, there are problems in the inventory department. )(At times, the organization
faces problems with the performance of their products in the market.)(Decision makers of the organization are not able to take proper
decisions.)(Employees face technical Issues while feeding data into a database.)
Answer:
Which of these situations can be handled by using the Management Information Systems?
An organization needs different types of managements to achieve business goals smoothly. However, managers, executives, and employees face problems and hurdles while running the organization. Sometimes, there are problems in the inventory department. At times, the organization faces problems with the performance of their products in the market. Decision makers of the organization are not able to take proper decisions. Employees face technical issues while feeding data into a database.
Explanation:
Applicants having a background similar to the current workforce is a primary
disadvantage of which recruitment method?
The main disadvantage of the internal recruitment method is the selection of candidates with experience similar to that of the current workforce, because the use of promotion and transfer, for example, does not allow the entry of new people into the organization.
In this method of internal recruitment made by promoting and transferring employees to other positions, it can be faster to be performed, but it can have disadvantages such as:
Absence of employees with different experiences.Reduced innovation.Increased internal conflicts due to competition.Limited choice.Therefore, it is necessary that the recruitment method used is aligned with the company's strategic planning, so that human capital helps in achieving the objectives and goals.
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According to the video, what are some qualities Clergy need? Check all that apply. knowledge of office technology able to speak multiple languages able to inspire confidence sensitive to the needs of others awareness of medical treatments
Answer:
It's C and D
Explanation:
It's correct on Edge! :3
Answer:
C and D are correct
Explanation:
The path of selling goods or services directly from a manufacturer to end users with-
out using intermediaries is the
A. supply chain
B. direct channel
C. indirect channel
D. pipeline
Answer: C.indirect
Explanation: hope this helps
If one of your friends asks you about take home pay, what is he referring to?
gross income
net income
income tax
other income
Answer:
net income
(please give brainliest)
Select the correct text in the passage.
What sentences in the following passage indicate increased expenses for developing the advertisement?
An exercise equipment company decided to create demand for its latest plece of equipment through a TV commercial. For this purpose, it hired
an ad agency reputed for its creative skills. This agency pitched five different concepts to its client. After an extensive internal discussion, the
client gave approval for one of the ideas. The next step was to write script for the ad. Using in-house cloud-based scripting software, the agency
wrote scripts in real time. This made it easier for company to communicate effectively with the ad makers. The company also approved the
tagline and storyboard for its product. The agency hired professional actors for enacting the scene.
paragraph 2 I hope sorry if it's wrong
Answer:
For this purpose, it hired an ad agency reputed for its creative skills
and The agency hired professional actors for enacting the scene
Explanation:
both requires money. to hire someone you need money which shows a increase of expenses
9. How does online banking decrease the amount of paperwork you need to file?
instead of mailing statements they are online for you to access
it organizes your finances for you
it doesn't
none of the above
Answer:
The second option:it organizes your finances for youExplanation:
Hope this helps :)
Pls make brainliest :3
And have an amazing day <3
if selling and administrative expenses are allocated to different products, they should be reported as a
Answer:
Period Cost
if selling and administrative expenses are allocated to different products, they should be reported as a PERIOD COST.
If selling and administrative expenses are allocated to different products, they should be reported as a period cost. Thus the correct option is D.
What is a Product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
The continuing cost of maintaining a system, business, or product is known as an operating expense. The costs of running a business referred to this.
These selling and administrative expenses comprise salaries for managerial and administrative positions, as well as rent and utilities, advertising and promotion as well as sales
Any expenses a business has that are incidental to the manufacturing process are referred to as period costs. This indicates that they have no connection to a company's inventory costs or the price of a single product.
Therefore, option D is appropriate.
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The complete question is Probably
If selling and administrative expenses are allocated to different products, they should be reported as a
a. factory overhead cost
b. cost of goods manufactured
c. cost of goods sold
d. period cost
When Blu-Ray disc players were new, they could cost around $1,000 and there were a limited number of discs available that would play on them. Stef and Garth waited, concerned with limited availability of discs and wishing for more choices in the market. By the time they purchased a Blu-Ray disc player, sales had leveled off and prices had declined significantly. Stef and Garth were part of the ________ diffusion of innovation group.
In being concerned about the Blu-Ray players and only adopting them late, Stef and Garth can be classified as part of the Late Majority diffusion of innovation group.
The Diffusion of Innovation Theory posits that there are different stages to adopting new technology such as:
Innovators - these are the first to get a product. They show little skepticism and are willing to try new things. Early Adopters - these are the second to get a product and are typically young and adventurous Early Majority - these are the third to get a product and do so when the product is in fashion Late Majority - these ones get the product when it is out of fashion and is cheaper because they were quite skeptical about it.Stef and Garth are therefore part of the late majority because they only got the disc players after they were out of fashion because they had initial skepticism.
In conclusion, Stef and Garth are part of the late majority.
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A computer company purchases 25,000 computers this year and has sold 22,000 to it's customers. According to government statisticians, all 25,000 computers have been purchased. How do the statisticians reach this conclusion?
~Economics
According to government statisticians, all 25,000 computers have been purchased because the computer company purchased them originally.
In the calculation of Gross Domestic Product(GDP), double counting is avoided by:
Using only the final value of goods and services Recording only one purchase of final goods and servicesWhen the computer company first bought the computers from the supplier, this counts as a purchase of those computers because the company did indeed purchase the computers.
In conclusion, government statisticians will consider all the computers to have been purchased to avoid double counting because the computer company had bought the computers originally.
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Place the steps of the job application process in order.
Hiring company post job description to a job opening
Hiring company conducts interviews
Interested applicants submit resume and cover letter
Hiring company calls references for the job applicant (s) they like the most
Hiring company offers there selected applicant the job
Interested applicants complete the job application provided by the company.
PUT THEM IN ORDER PLS I NEED HELP UNDERSTANDING THIS FOR ENTREPRENEURSHIP
Answer:
1. Hiring company post job description to a job opening
2. Interested applicants complete job application provided by the company
3. Interested applicants submit resume and cover letter
4. Hiring company conducts interviews
5. Hiring company calls references for the job applicant(s) they like the most
6. Hiring company offers there selected applicant the job
John is putting together an employee handbook. One thing John should NOT include in the handbook is A paragraph that tell employees that as long as performance is satisfactory, they will be retained. A chapter on the history of the company. The work rules of the company. The appeals process for a disciplinary infraction. How to accrue vacation time.
The answer is a paragraph that tell employees that as long as performance is satisfactory, they will be retained.
What is the difference between adjustment refusal and other refusals
Answer:
Your company most likely has clear, reasonable guidelines regarding what is a legitimate reason for adjustment, while other refusal messages may deal with a variety of issues that are less clearly defined.
what happens to consumer and business spending when the interest rates go up?
Answer:
When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop.
Fill inTrTrue or false? It’s best to determine a few key metrics and stick to them.e or false? A benefit of organic content promotion is that it allows you to show your content to a highly specific audience. the blank: When creating a headline for your content, you should come up with ___________ different headlines.
It is True that it is best to determine a few key metrics and stick to them.
This is because when you determine a few key metrics in your business, marketing, or project plan and stick to them, it gives you a path to follow, what to improve upon and what to maintain tian when executing those plans.
It is False that the benefit of organic content promotion is that it allows you to show your content to a highly specific audience.
This is because the main purpose or benefit of organic content promotion is that it allows you to promote your content without paying for advertisement. Since it is organic content, the targeted audience can see it through the embedded keywords rather than the paid advert.
Also, when creating a headline for your content, you should come up with 5 to 10 different headlines. By having between 5 to 10 different headlines, you can assess which one will give the expected results using the right keywords.
Hence, in this case, it is concluded that marketing strategies require plans and the right methods to make them work.
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how many times was the debt ceiling raised from 2016 to 2020?
Answer:
2.
Explanation:
On March 15, 2017, it was raised by $1.7B. On September 30, 2017, the debt ceiling was suspended. On March 1, 2019, it was $22.03T and raised by $2.18B. On August 2, 2019, it was again, suspended.
what is the journal entry for returned goods to sofiya of rs 6000 being defective
Answer:
sales return a/c .............Dr 6000
To Sofiya's a/c 6000
Explanation:
John is on a tight budget. He has a credit card with a very high interest rate. Most months he struggles to make the minimum payment on the card. He is eligible for an upgrade on his smartphone and it will only cost him $400. He doesn’t have the cash but could put it on his credit card. Why might this purchase be a risk
Answer:
because he will be in debt with the credit card again most likely not being able to pay that debt so interest will add on and put Jim further in debt. which is never good
the united states is demanding that china reduce overcapacity in which industry?
Answer:
steel sector
Explanation:
U.S negotiators prepare for those discussions this spring,they must consider the Chinese government's legacy of repeated broken promises and false statement regarding overcapacity
what is Advertising , according to the American Marketing Association
Answer+Explanation:
Advertising is the placement of announcements and messages in time or space by business firms, nonprofit organizations, government agencies, and individuals who seek to inform and/or persuade members of a particular target market or audience regarding their products, services, organizations or ideas.
what are two key characteristics of the introduction stage of the product life cycle?
The two key characteristics of the introduction stage of the product life cycle include "the high costs resulting from the initial cost of marketing, advertising, distribution, etc."
The other key characteristics of the introduction stage of the product life cycle are "the sale quantities are usually low, which then increases gradually."
Other characteristics of the introduction stage of the product life cycle include the following:
Little competitionDemands need to be established through the advert.Customers must be persuaded to buy the product.The introduction stage of a new product is the beginning stage in a product life cycle.Hence, in this case, it is concluded that the introduction stage of a product life cycle is significant.
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a business goes to the trouble and expense of segmenting its markets when ______.
Answer:
it expexts that this will increase sales and profits
Explanation:
After discussing the options, the strategic management team has agreed that the pod coffee idea works well with the company’s mission statement and decides that the company should move forward in exploring the pod coffee idea. In order to make sure that the pod coffee idea is a good one, and to see if there are other potential future endeavors to pursue, you must analyze the market situation and formulate a strategy. Your boss asks you to start working on the pod coffee idea. What is your first step? Select an option from the choices below and click Submit.
Considering the situation above, the first step to analyze the market situation and formulate a strategy is to "assess the organization's strengths, weaknesses, opportunities, and threats."
This is because, by carrying out a SWOT analysis (strength, weakness, opportunities, and threats), one would be able to identify the current position of the firm and the extent to which they can expand.
This analysis would give the firm a clear picture of the potential future endeavors to pursue and maximize their strengths and opportunities.
Also, they would know where they need to work on or avoid relative to their weakness and threats.
Hence, in this case, it is concluded that the SWOT Analysis is one of the significant tools in business operation.
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