A firm's expected revenues and expenses are what should be included in a firm's business model.
What is a business model?A business model is document that contains processes and procedures of how a company would operate.
This document is important for effective organization control and also assist coordinate business relationships amongst stakeholders
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Cash receipts that have been recorded in the company's accounting records but are not yet recorded by the bank are
Deposits outstanding refer to cash receipts that have been documented in the accounting records of the business but have not yet been recorded by the bank.
What is an Outstanding Deposit?A monetary sum that has been recorded by the receiving business but hasn't been recorded by its bank is known as an outstanding deposit. On the recurring bank reconciliation created by the receiving company, all unpaid deposits are reported as reconciling items. The receiving entity's book balance is reduced from these deposits to determine the bank balance.
When a bank reconciliation is conducted, there are often few of these deposits indicated as reconciling items because they are typically just outstanding for one business day.
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Calculate the price of a two-year bond with a face value of $100, a coupon rate of 5%, and a yield-to-maturity of 5%.
The price of the bond is $100.
The bond's price is the present value of the face value plus the present value of the interest accrued throughout the bond's term.
The coupon interest rate is 5% of 100, that is $5 per year. The yield to maturity is also 5%. Because the coupon rate is equal to the yield, the bond's present value will only be its face value.
Present value = 5(P/A, 5%, 2) + 100(P/F, 5%, 2)
= 5×1.85941+ 100×0.90703
= 100
Therefore, the price of the bond is $100.
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Misappropriation of a trade secret occurs when __________. Multiple Choice a person uses another's trade secret and confidential information with authorization a person improperly acquires secret information through burglary, espionage, or computer hacking a person recreates a product after looking at it and figuring out how it works or is formulated a person uses his or her own knowledge and understanding to recreate what is another's trade secret a person is able to recreate the same information that the other considers to be a trade secret
Misappropriation of a trade secret occurs when A person improperly acquires secret information through burglary, espionage, or computer hacking .
What is Misappropriation of a Trade Secret?
Trade secret infringement is called “misappropriation.” It occurs when someone improperly acquires a trade secret or improperly discloses or uses a trade secret without consent or with having reason to know that knowledge of the trade secret was acquired through a mistake or accident.
How do you prove Misappropriation of Trade Secret?The plaintiff in a trade-secret case lawsuit must prove three facts:
(1) it has some valuable business information that it has kept secret.
(2) the information is not generally known.
(3) the defendant has used that secret.
Thus, we can conclude that the correct option is B. A person improperly acquires secret information through burglary, espionage, or computer hacking when Misappropriation of a trade secret occurs .
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For a name to be trademarked, __________. Multiple Choice it must be listed without restrictions and the trademark owner must notify the Patent and Trademark Office (PTO) every year that the trademark is still in use it must be listed on the principal register for one year and on the secondary register for five years it must be listed on the Principal Register for five years without being challenged it must be listed on the Supplemental Register for five years and have acquired a secondary meaning the owner must renew the trademark registration every ten years
For a name to be trademarked, it must be listed on the Supplemental Register for five years and have acquired a secondary meaning.
What is Trademarks ?
A trademark is a source identifier for goods and services. A trademark is a word, phrase, symbol, or design or a combination thereof, that identifies and distinguishes the source of the goods of one party from those of others.
Trademarks, unlike patents, can be renewed forever as long as they are being used in business. If a trademark goes unused, it can eventually be lost and re-enter the public domain for other parties to use.
What is Supplemental Register ?A secondary list maintained by the USPTO where companies and individuals can register their marks that are not eligible for the principal register. Generic terms still can't be registered, but other marks that might be refused (like surnames or descriptive marks, and geographical indicators that haven't achieved that status) can go here.
Thus, we can conclude that the correct option is :For a name to be trademarked, it must be listed on the Supplemental Register for five years and have acquired a secondary meaning.
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Ambrose is a scientist working for a pharmaceutical company. His company was acquired by a rival pharmaceutical company, and now it is involved in downsizing and downscoping. Ambrose is concerned about his job security, since he is actively involved in amateur sports in his community and does not wish to disrupt his current lifestyle. Ambrose's job will MOST likely be secure if:
Ambrose's job will most likely be secure if Ambrose is a key employee in the firm's primary business.
Downsizing or down-scoping refers to lowering the level or shifting it to a lower level from the current level, and in this case it refers to lowering the pharmaceutical company's market level.
In this case, the company is acquired by a competitor, and as a result, the management is altered. Although the personnel are not changed in these circumstances because the management is changed, the operation of the company and its goal to conduct core business remain unchanged.
As a result, if Ambrose is a vital employee who understands how the organization works, he will not be fired and will keep his position. The organization cannot lose important people even if it downsizes or down-scopes.
What is Downsizing?Downsizing is the process of permanently reducing a company's labor force by dismissing ineffective employees or divisions.While it is typically utilized in times of stress and revenue reduction, downsizing can also be used to produce leaner and more efficient businesses.Downsizing isn't always a good thing, and it can have a negative long-term influence on a company's financial line.learn more about Downsizing at:
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Consider two investment opportunities, Investment A and Investment B. Investment A pays interest at the rate of 12% per year, compounded monthly. Investment B pays interest at the rate of 11.5% per year, compounded daily. Which investment provides the better return
Answer:
Investment B
Explanation:
This is because it pays it interests daily onlike A which pays it monthly
A firm has an independent, permanent work group that develops and revises codes of ethics, suggests ways the organization can contribute toward the environment, and regularly reviews other specific issues and concerns within the organization. This is an example of a
A firm has an independent, permanent work group that develops and revises codes of ethics, suggests ways the organization can contribute to the environment, and regularly reviews other specific issues and concerns within the organization. This is an example of a committee.
A committee within a firm is an independent, permanent work group that develops and revises codes of ethics, and suggests ways the organization can contribute to the environment.
A committee assumes important functions regarding the enforcement and maintenance of firm protocols and order. The many functions afforded to the committee attest to its overriding capacities and authority. Committees in a firm also work as grievance redressal mechanisms. A committee would regularly review specific issues and concerns within the organization. A system of checks and balances is maintained through the supervisory powers of a committee within a firm. Since, a committee is an independent, permanent work group it is legitimate, accountable, responsible, and transparent about its operations.Therefore, a firm has an independent, permanent work group that develops and revises codes of ethics. This is an example of a committee.
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What is the present value of an annual payment of $80,000 that is received in perpetuity if the discount rate is 9%
$888,888.88 is the present value of an annual payment that is received in perpetuity after the discount rate of 9%
Procedure:
PV of Perpetuity = ICF / r
Here, the identical cash flows are regarded as the ICF.
The interest rate or the discounting rate is expressed as r.
PV = ICF / r
PV = 80,000 / 9%
PV = $888,888.88
Hence, the present value in perpetuity is $888,888.88.
About Present Value of Perpetuity:
Perpetuity is the revenue stream that a person receives for an indefinite amount of time, and its present value is determined by discounting identical future cash-flows using a certain discounting rate. Although the cash flows in this case are endless, their present value is only of limited worth.
A revenue stream that has an unlimited life is called perpetuality, and it rises at a proportionate pace. The cash flows ought to be the same. The dividend growth model is basically where the formula comes from. The terminal value of the identical cash-flows is calculated using the formula.
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A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on each purchase from the same vendor. This is an example of a(n) ________.
The answer is straight rebuy.
A straight rebuy is when a client buys the same items in the same amount and on the same conditions from the same supplier.
It refers to a corporate purchasing situation in which the buyer reorders something without making any changes. The buying department normally handles it on a regular basis. "In" providers strive to maintain product and service quality in order to retain business. "Out" providers seek innovative methods to add value or exploit unhappiness in order to get the consumer to consider them.
Therefore, the answer is straight rebuy.
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Most companies pay current liabilities
Most companies pay current liabilities within one year.
What is Current liabilities ?Current liabilities serves as the debt that company has incurred that are due to be paid to creditors within one year.
Examples of current liabilities are:
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The desire and willingness of customers to purchase certain amounts of brand goods or services at particular price levels is best described as:
The desire and willingness of customers to purchase certain amounts of brand goods or services at particular price levels is best described as: demand.
The quantity of a good that consumers are willing and able to buy at different prices during a specific time period is known as demand in economics.A shift in consumer preference to buy a specific good or service, regardless of a change in price, is referred to as a change in demand. Changes in consumer preferences, income levels, or the price being charged for a comparable product could all be the cause of the change.According to the rule of demand, as a good's price drops, so does the quantity that is sought for. In other words, according to the law of demand, the demand curve is always downward sloping as a function of quantity and price.Thus this is the answer.
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Market segment profiles are used to describe _____________ members of a market segment, and to explain ______________members in separate market segments.
Market segment profiles are used to describe the similarities among potential members of a market segment, and explain the differences among members in different market segments.
What is Market segment profiles?The process of segmenting a market of potential customers into smaller, more focused groups based on shared traits like demographics, interests, needs, or location.
There are four primary categories of market segmentation-
demographic.Psychographic.Geographic. Behavioral.What are the levels of market segmentation?There are four levels of market segmentation-
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If Gina is told by her superior that one of her goals for the year is to raise her sales figures by 10 percent over last year, she is being appraised using which type of method
An objective method is used to appraise Gina who had a goal to raise her sales figures by 10 percent over the last year.
What is an objective method?An objective method involves use of objectives to drive a project including a data collection, analysis, conclusions etc.
Hence, the objective method is used to appraise Gina who had a goal to raise her sales figures by 10 percent over the last year.
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_______________________ : overhaul of communications law that opened door to far more competition by permitting companies to own outlets in multiple media markets and remove or reduce limits on how many outlets one company can own
Answer: The major congressional
Explanation:
The variable overhead ______ variance measures the difference between the actual variable overhead cost and the projected budget for variable overhead cost.
Variable overhead rate variance.
What is variable overhead rate variance?The difference between the actual variable manufacturing overhead and the variable overhead that was anticipated given the number of hours worked is the variable overhead rate variance, sometimes referred to as the spending variation.What is an actual variable overhead cost?Spending on Variable Overhead Variance is the difference between the actual cost of variable production overheads and the expected cost given the amount of activity over a certain time period. Typically, the standard variable overhead rate is represented in terms of labor or machine hours.What is budgeted variable overhead?It is the relationship between the budgeted expenses as determined by a company's cost accountants and the actual costs. Variable overheads are the names given to the budgeted costs. Basically, variable overhead spending variation is the portion of a company's operating expenses that varies in response to changes in operational activity.Therefore, the correct answer is variable overhead rate variance.
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The U.S. has been importing baby toys from China, but this year kids are getting sick from these toys. After testing the toys high dosages of lead are found in the paint used on these toys. The U.S. government now bans the import of these baby toys from China until they are deemed safe again. This is an example of a ________.
The U.S. has been importing baby toys from China, but this year kids are getting sick from these toys. After testing the toys high dosages of lead are found in the paint used on these toys. The U.S. government now bans the import of these baby toys from China until they are deemed safe again. This is an example of a Nontariff Barrier.
What is Nontariff Trade Barrier ?It refers to the practice of government , where the government has the capability to restrict any trade between two countries , is referred to as nontariff trade barrier . Certain barrier are placed to stop the trade , which are called the trade barrier .The method is used for any economic or political factors .
Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include embargoed, quotas, sanctions, and levies.
Therefore, we can conclude that this is an example of a Nontariff Barrier.
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The iPad disrupted consumer equilibrium because consumers concluded en masse that iPads had a marginal-utility-to-price ratio (MU/P) that was ______ the ratios for other products.
The iPad disrupted consumer equilibrium because consumers concluded en masse that iPads had a marginal-utility-to-price ratio (MU/P) that was higher than the ratios for other products.
Consumer equilibrium refers to the situation in which a consumer has no intention of changing it and depends on a given price and his given income for maximum satisfaction.
Explains the concept of consumer balance using appropriate charts and graphs. Consumers are said to be balanced when they feel that they cannot change their condition by earning more, spending more, or changing the amount of what they buy.
When purchasing a unit of a product, the consumer compares the price of a particular product to its utility. If the marginal utility (in terms of money) is equal to the price paid for the goods, for example, an "X", that is, MUx = PX, the consumer is in equilibrium.
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Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this merchandise for $5,000 on account. Two weeks later, acme paid its suppliers $1,000 and bought another $4,000 of merchandise on account. Acme now has an accounts payable balance of ______.
Answer:
$8500
Explanation:
Beg AP bal = 3000
Sold 1/2 of merch on acct = add 2500
Paid suppliers = subtract 1000
Bought more merch on acct = add 4000
3000 + 2500 - 1000 + 4000 = 8500
Ending AP bal = 8500
A designer finds a job that she is interested in, but needs to create a resume quickly before the upcoming job application deadline. What tool can she use to create a solid resume with all the necessary elements
The tool the designer can use to create a solid resume with all the necessary elements is D. A template from a word processing program.
What is a Resume?This refers to the document or file that contains the relevant information about the professional experience of a person.
Hence, we can see that based on the fact that she needs to make the design quickly before the deadline passes, she would have to use a template from a word processing program.
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Oral evidence in contract disputes is prohibited by:Multiple Choicea parol contract.an executory contract.an inferred contract.an unspecified contract.the parol evidence rule.
The parol evidence rule will not permit evidence of an oral agreement that is inconsistent with a written term, for as to that term the contract is integrated.
"Parol evidence” is generally oral evidence. It is beneficial and may be admitted under certain circumstances after the parties agree to a final written agreement. For example, if the parties to the contract made a mistake, such as omitting or mistakenly listing a term, parol evidence may be considered.
The parol evidence rule is an evidentiary rule in contract disputes which generally makes evidence of agreements outside the parties' written contract inadmissible. That is, under the parol evidence rule any agreement that is not contained within the written contract is inadmissible in court.
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The entry to record the write-off of a specific customer's account requires a ______. (Select all that apply.) Multiple select question. debit to Bad Debt Expense credit to Accounts Receivable credit to Allowance for Doubtful Accounts credit to Bad Debt Expense debit to Allowance for Doubtful Accounts
The entry to record the write-off of a specific customer's account requires a:
Debit to Allowance for Doubtful Accounts
Credit to Account Receivable
What is bad debt?These are debts owned to a business, which are irrecoverable. The debts here cannot be recovered hence are considered bad and are written off.
Bad debt are also referred to as Contra-assets because it reduces the value of company's asset.
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Proteus Sportz is popular for its athletic shoes. It has shoes for soccer, basketball, golf, running, and football. Proteus also carries athletic apparel like caps, shirts, jerseys, shorts, and socks. The shoes and apparel can be best described as examples of product ________, which make up the Proteus product ________.
The shoes and apparel can be best described as examples of product Lines, which make up the Proteus product Mix.
What is Sports Marketing?The use of sporting and sports-related events to advertise a company, brand, or product is known as sports marketing. Using this strategy, marketers can use sports' appeal and popularity to draw attention to their company or product. The marketing and promotion of live sporting events is also included in the category of sports and entertainment marketing. Our daily exposure to marketing during athletic events includes the Super Bowl commercials, stadium advertisements, and athlete endorsements. Sports marketing contributes to the development of a brand image for a successful, successful lifestyle that many people aspire to. Your brand gains credibility and becomes more likable in the eyes of the consumer with this kind of image.Know more about Sports Marketing with the help of the given Link:
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_____ change occurs occasionally, with periods of relative stability, and managers can respond with technical, product, or structural innovations as needed.
Episodic change change occurs occasionally, with periods of relative stability, and managers can respond with technical, product, or structural innovations as needed.
Episodic changeOrganizational changes that tend to be uncommon, discontinuous, and planned are referred to as "episodic change" in this context. The assumption is that episodic change happens when organizations diverge from their equilibrium circumstances, or during times of divergence.
What kind of change occurs episodically?A abrupt change, like a market crash, is known as an episodic change.
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The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 5,200 Units sold 4,200 Sales $ 546,000 Materials cost $ 104,000 Variable conversion cost used $ 52,000 Fixed manufacturing cost $ 130,000 Indirect operating costs (fixed) $ 84,000 The absorption costing ending inventory is:
The absorption costing ending inventory is, $55,000.
For computing ending inventory under absorption costing, we need to first find out the units of ending inventory, and then do the proportion to each cost.
What is inventory absorption costing?Direct material, direct labor, and all overhead are all included in the value of inventory under absorption costing. The distinction between the two approaches is that management will favor one approach over the other when making internal decisions.How do you find ending inventory using absorption costing?To the cost of purchases made during the period, add the cost of establishing inventory. This is the price of the products that are on sale. Calculate the anticipated cost of products sold by multiplying the gross profit margin by sales. To determine the ending inventory, deduct the cost of the items that can be sold from the cost of the items that were actually sold.
According to the question:
The units of ending inventory = Units produced - units sold.
= 5,200 units - 4,200 units.
= 1,000 units.
Now,
The material cost = Material cost × (ending inventory units ÷ units produced).
= $104,000 × (1,000 ÷ 5,200).
= $20,000.
The Variable conversion cost = Variable conversion cost × (ending inventory units ÷ units produced).
= $52,000 × (1,000 ÷ 5,200).
= $10,000.
The Fixed manufacturing cost = Fixed manufacturing cost × (ending inventory units ÷ units produced).
= $130,000 × (1,000 ÷ 5,200 ).
= $25,000.
So, the ending inventory = Material cost + Variable conversion cost + Fixed manufacturing cost.
= $20,000+ $10,000 + $25,000.
= $55,000.
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Charlie manages a Holiday Inn. He knows from experience that last-minute customers will call after 9 p.m. each evening looking for a room and asking the price. Charlie has empowered his staff to offer discounts when the hotel is largely vacant, and to quote the standard price when the hotel is close to full. Charlie knows his service is ________, meaning that if no one stays in the room, it generates no revenue that evening.
Charlie knows his service is perishable, meaning that if no one stays in the room, it generates no revenue that evening.
Perishable services are what?While not imperishable, services can be thought of as perishable. A perishable service is simply one that is transient. Such a service is best used right away when it is created. The service, unlike products, cannot be saved for later use.
Transportation by planes, auto maintenance, entertainment at theatres, and manicures are examples of perishable services. If a person buys a plane ticket for a certain day, but then gets sick and can't fly, the ticket expires. It is challenging to maintain a balance between supply and demand when a service is perishable.
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What negative external costs may exist when air pollution and water pollution are introduced into the environment
Negative external costs like Economic loss and decline of production may exist when air pollution and water pollution are introduced into the environment.
Externalities of Air and Water PollutionThey cover a wide range of externalities, such as crop and human production losses, infrastructure, superstructure, and property damage. Acid rains (and depositions), smog, and ozone pollution alter the period of time needed for infrastructure investments to pay for themselves through maintenance and replacement.Nearly all air contaminants have some physiological effects on people, primarily but not exclusively on the respiratory and cardiovascular systems.Some effects, like those of carbon monoxide, are obvious and immediate, but those of lead and HC/VOCs are far more pernicious and subtle.If possible, it is hardest to evaluate environmental costs in a thorough manner. It might be a reference to biological diversity and sustainability, two factors that pollution is very capable of influencing.To learn more about Externalities due to pollution refer to:
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Selina has lost her job. She has been combing the newspapers looking for another one and has been in contact with colleagues to inquire about a position at other firms. She is a bit embarrassed and still hasn't told any of her family about her stressful situation. What sort of culture does Selina MOST likely come from
Selina MOST likely come from individualistic sort of culture .
What is Individualistic cultures?Individualistic cultures are those that stress the needs of the individual over the needs of the group as a whole. In this type of culture, people are seen as independent and autonomous. Social behavior tends to be dictated by the attitudes and preferences of individuals.
Individualistic cultures stress that people should be able to solve problems or accomplish goals on their own without having to rely on assistance from others. People are often expected to "pull themselves up by their bootstraps" when they encounter setbacks.
What are characteristics of Individualistic Cultures ?A few common characteristics of individualistic cultures include:
Being dependent upon others is often considered shameful or embarrassing.Independence is highly valued.Individual rights take center stage.People often place a greater emphasis on standing out and being unique.People tend to be self-reliant.The rights of individuals tend to take a higher precedence.Thus, Selina MOST likely come from individualistic sort of culture .
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Whose duty is it to ensure that policies are created to guide employees of an alcohol establishment in the service of alcoholic beverages?.
It is the duty of the ABC license to ensure that policies are created to guide employees of an alcohol establishment in the service of alcoholic beverages.
What is the mission of the ABC?The full form of ABC is Alcoholic Beverage Control which is an agency to regulate the alcohol Beverages. The main aim of the agency is to provide license for public safety.
The duty of the ABC license is to guide the employees by making policies and rules regarding the regulation of Alcoholic Beverage.
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BPMN Blank______ is anything that happens during the course of a business process, including customer requests, time requests, and the end of the process. Multiple choice question. event flows activity gateway
The answer is Event.
A process-related event is described in a BPMN event, which is represented by a circle.
Start events, middle events, and end events are the three primary events in business process modeling.
These three categories are also described as throwing events or catching events (which respond to a trigger) (which the process triggers).
BPMN activity is a task in a business process.
In BPMN activity all work that is ongoing in a process is depicted by a rectangle with rounded corners in a business model.
It is used to verify availability, pick up clients, and booking confirmation.
BPMN gateway is used to control the flow of a process.
As represented by a diamond shape in a business process model, BPMN Gateway is used to manage the forking, merging, and joining of pathways inside a process.
Hence, a BPMN event is anything that happens during the course of a business process, including customer requests, time requests, and the end of the process.
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Education and healthcare are two examples of _________ in international business.