commission earned but not received is debit or credit?​

In order to make the online musical instruments store more popular and desirable in the market, Ben can:

1. Build a strong brand: Ben can invest in creating a strong and unique brand for his store.

This can include creating a catchy logo and slogan, using consistent colors and fonts across all products, and creating a unique brand voice that resonates with your target audience.

2. Build a sense of community: Ben can build a community around his store by hosting events and workshops that bring musicians and music lovers together. It can also create social media groups and forums where customers can share their knowledge and connect with like-minded people.

3.Overall, with a focus on offering unique products, building a strong brand, creating a sense of community, providing excellent customer service, and having a good understanding, Ben can do his online shopping for rare vehicles and find a company.

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a. Year 1's first quarter sales budget: Month January February March Total Sales $330,000 $379,500 $436,425 Sales revenue for the first quarter of the year 1 pro forma income statement: $1,145,925

Revenue January February March Total Sales $330,000 $379,500 $436,425 $1,145,925

Total $330,000 $379,500 $436,425 $1,145,925

c. The cash receipts plan for the first quarter of year 1 is as follows:

Month January February March Total Sales $330,000 $379,500 $436,425 $1,145,925 Collection $224,400 $145,725 $121,174 $491,299

Total amount of money: $224,400, $370,125, $491,299, $1,085,824

d. Receivables as of March 31 of the first year:

Month December January February March Total Opening balance$0 $49,500 $142,425 $191,925

Credit sales$330,000 $379,500 $436,425 $1,145,925

Less: accumulation$145,725 $121,174 $224,400 $491,299 Closing balance$105,600 $283,275 $457,676 $846,551

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Answer:

Overcharging for notary public services. Notarizing a document without the signer being in the notary's presence. Notarizing the notary's own signature. Issuing identification cards.

Explanation:

Excessive fees for notarial services, signing a document without the signer being present and notarizing it. the notary's signature is notarized. making identity cards available.

If a Notary Public violates the law while carrying out their responsibilities, they are held personally accountable. A Notary Public must post a bond in order to protect the injured party's right to recover up to $10,000. Despite this, the Notary Public is still personally responsible for any damages they may have caused, and they risk criminal prosecution as well as the revocation or suspension of their notary public commission.

A few examples of notary fraud include:

A Notary Public who has been paid off to falsely recognize a document is the starting point of many fraud cases, particularly those involving real estate fraud. Due to the fact that practically all papers submitted in the county records require a notary stamp, this scenario occasionally occurs.

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The company's earnings per share is 20, dividend payout ratio is 0.1  and dividend yield is 1.25.

The dividend payout is the ratio between dividend per equity share and earning per equity share.

Earning per share =  Earning net interest and tax/ Number of shares                 outstanding

                             = $6,000,000/3,00,000

                             = 20

Dividend per share = Total Dividend/ No of shares

                                 = $600,000/300,000

                                 = $2

Dividend payout ratio = Dividend per share/Earning Per Share

                                    = $2/20

                                    = 0.1

Market value per share = P/E Ratio × Earning per share

                                        = 8 × 20

                                         = $160

Dividend Yield =  Dividend per share/ Market Value Per Share

                         = $2/$160×100 = 1.25

Therefore the earning per share indicates the earnings of the company is attributable to the equity shareholders. The company's dividend payout ratio and dividend yield ratio indicate the percentage of earnings paid to shareholders via dividends.

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Answer:

A

Explanation:

Answer:

B

Explanation:

Answer and Explanation:

The computation is shown below:

a. The willing to pay is

= (Current year price) ÷ (1 + rate) + (current year dividend) ÷ (1 + rate)\

= ($50) ÷ (1 + 0.02) + ($4) ÷ (1 + 0.02)

= $52.94

b. The price of a share is

= (Current year price) ÷ (1 + rate) + (current year dividend) ÷ (1 + rate)\

= ($20) ÷ (1 + 0.10) + ($1.50) ÷ (1 + 0.10)

= $19.55

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Unions are organizations that represent workers in a particular industry or profession. Their primary goal is to protect the rights and interests of workers by negotiating better wages, benefits, and working conditions.

Unions are organizations formed by workers to protect their interests and rights in the workplace. They advocate for collective bargaining, fair wages and benefits, workplace safety, non-discrimination, job security, training and education, and political advocacy.

Labor laws are laws that govern the relationship between employers and employees in the workplace. Examples include minimum wage laws, overtime laws, anti-discrimination laws, health and safety laws, leave laws, unionization laws, and employment contract laws. These laws govern the rights of employees to form and join unions and establish the legal requirements for collective bargaining.

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What are unions? What are their roles and policies?

Answer:

c. $4

Explanation:

price-earnings ratio = stock price / earnings per share

8 = $32 / earnings per share

earnings per share = $32 / 8 = $4

the company's total earnings = earnings per share x total outstanding shares

earnings per share = (total earnings - preferred dividends) / outstanding common stocks

If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.

The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.

The complete question is attached below.

According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.

It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.

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During the tax year 2022–2023, the Employment Allowance enables qualifying firms to pay up to £5,000 less in National Insurance. Its purpose is to assist smaller firms with their labor expenses.

What is the employee allowance?

An exemption that reduces the amount of income tax you need to withhold from an employee's paycheck is known as a withholding allowance. Smaller withholding allowances result in bigger income tax deductions, whereas larger allowances result in fewer income tax deductions.

Your filing status, the number of jobs you have, and whether or not you have dependents all play a role in this. A single individual with one job, for instance, will claim less allowances than a married person with kids.

The three categories of allowances are as follows. There are three different classifications of allowances: non-taxable, partially taxable, and taxable. An allowance is a sum of money determined by the contract terms to be added to the agreed-upon payment to cover the expense of specific but unspecified prescribed goods.

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different between isoquant and isocost

Answer:

$234.87

Explanation:

Pinky's new balance will be the opening balance plus additional. Deposits minus withdrawals. The new balance will be the starting balance plus cash-in minus the cash-out.

Starting balance =$137.66

Cash-in:  $146.24

Cash-out :  check $23.62 + (AT) of $25.41 =$49.03

New balance = $137.66 + $146.24 - $49.03

=$283.9- 49.03

=$234.8

The preparation of the income statement for the year ended December 31 is as follows:

The income statement is one of the three essential financial statements that summarize a company's financial performance over the course of a specific accounting period. The other two crucial statements are the balance sheet and the cash flow statement.

The key subjects of the income statement are the revenue, costs, profits, and losses incurred by a firm over a given time period. An income statement, also known as a profit and loss (P&L) statement or a summary of sales and expenses, provides crucial details about a company's operations, the efficiency of its management, underperforming industries, and its performance in relation to peers in the same sector.

Sales $93,800

Expense for items sold

$20,000 worth of initial finished products inventory

Addition: $41,000 in manufacturing costs

Price of products that are for sale $61,000

Ending finished goods inventory decreased by $16,900.

The $40,900 cost of the sold products

$50,000 in gross margin

fewer: Operating Costs

$14,900 in general and advertising expenses

$13,000 in selling expenses

Operating costs $28,000 in total

$22,000 in operating income

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Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.

Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:

Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.

Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.

Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.

Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.

On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:

Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.

Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.

Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.

Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.

In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.

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1. We can see here in all 50 states, the retail industry supports at least one in every: B. 10 jobs.

2. The statement that is true is: C. 88.6% of all Retail Businesses employ fewer than 50 employees.

The retail industry refers to the sector of the economy that encompasses businesses involved in the sale of goods or services directly to consumers. It involves the process of purchasing goods or services from manufacturers, wholesalers, or suppliers and selling them to individual customers for personal use.

Retailers play a crucial role in connecting producers or suppliers with consumers.

According to the information provided, 88.6% of all retail businesses employ fewer than 50 employees. This highlights the significant presence of small businesses and entrepreneurs in the retail industry.

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Critical thinking questions1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be? Quirky’s basic business model is sound and fair because they involve the public in developing products by taking ideas from people and turning them into products, splitting the profits from the product sales with the inventor, and also collaborating with the inventor from the start of the idea to its final product.

However, there are a few changes I would suggest. First, the public could have more control over which product idea is to be developed into a product. Second, the company could offer more compensation to the inventor, especially if the product becomes a commercial success.2.

To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?Quirky’s business idea reflects the attributes of a sound business as described in Chapter 2 of the text, including the following attributes:

Quirky is innovative in its business model, as it involves the public in developing products.Quirky has a good system of assessing the market’s demand for each product idea.

Quirky has a flexible business model, as it is able to adapt to changes in the market.3. In what other product areas would Quirky’s business model work the best?

Quirky’s business model could work well in a number of other product areas, including Home improvement and do-it-yourself (DIY) products;

Fashion and clothing; Outdoor gear and accessories; Personal care and hygiene; Consumer electronics.4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up.

All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.

One of the challenges I have encountered is the issue of losing small items such as keys, earrings, and others. A solution to this challenge could be fashioned into a product idea by developing a small, inexpensive device that could be attached to small items.

The device would emit a signal that would be detected by an app on the user’s phone if the item were lost. This could be developed into a product idea and submitted to Quirky for further development.

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All of the following options represent primary goals of government spending except D. Innovative consumer products

It should be noted that the Government Spends Money in order to provide services, such as defense, roads, and bridges, as well as merit-based amenities like hospitals and schools,,

However this can encompass  welfare payments and benefits like unemployment and disability insurance.

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The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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Answer: False

Explanation: Traditionally, checking accounts are not interest-bearing accounts as savings accounts are, as they're designed for short-term cash that you'll spend soon. Savings accounts are better-known for earning interest, but these accounts ordinarily limit how often you can make certain withdrawals from the account.

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The company's financial performance and position during the first full year of operations are summarized in the financial statements. Sales, costs, investments, liabilities, and stockholder equity all appear to reflect the estimates and facts given.

A shareholder of corporate stock is an individual or legal entity (such as another corporation, a body politic, a trust, or a partnership) that is registered by the corporation as the legal owner stockholder of shares of the share capital of a public or private corporation financial statements (also frequently referred to as a stockholder in the United States).

Members of a company are sometimes used to refer to stockholders.

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False, organizational process emphasizes the activities while organizational structure emphasizes jobs and their authority relationships.

An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives.

The basis upon which standard operating procedures and routines are built is provided by organizational structure.

In summary, the organizational structure must at the very least incorporate fundamental hierarchies and staff titles.

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As was already mentioned, image appeal in photography can be summed up as the interest that a photograph arouses in viewers other than the photographer. The adjective "appealing" is typically defined in the American Heritage Dictionary (2005) as being lovely or beautiful.

In terms of creativity and idea exploration through photos, photography is a sort of art, but in order to produce truly excellent images, you must set up a strategy for your personal growth that is particularly focused on your abilities, motivation, purpose, and output.

Ensuring that there is a balance and that your photographs are not susceptible to underexposure or overexposure in order to create great images.

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Yes Definitely the goal was met.

Total sales equal 36889+14887 ($51776) for food and beverages.

Food and beverage expenses add up to total sales costs, which come to $1604 ($11507 + $1097).

COGS/Total Sales Revenue multiplied by 100 equals (12604/51776)/100 or (0.2434)/100, which equals 24.34% of revenue.

Less than 25% aim was achieved by the cost of goods sold, which was 24.34%. The monthly objective was therefore accomplished.

One of the major costs that restaurateurs worldwide must pay is the cost of food. Rising food prices are a constant problem for the restaurant business wherever you go. Exercise of portion management is essential in this situation for the survival of a restaurant.

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Explanation:

nothing is listed below

Answer:

Explicit costs are out-of-pocket costs for a firm

for example, payments for wages and salaries, rent, or materials. Implicit costs are the opportunity cost of resources already owned by the firm and used in business

for example, expanding a factory onto land already owned.

Bombas makes socks and T-shirts which it sells to consumers online. It uses the Direct-to-consumer channel.

Direct-to-consumer (DTC) is a sales channel that allows brands to sell their products directly to consumers without the need for intermediaries like wholesalers or retailers. Bombas, a company that makes socks and T-shirts, uses the DTC channel to sell its products online. By doing so, Bombas can offer its products at a lower price point and have more control over the customer experience.

DTC also allows companies to gather valuable customer data and feedback, which can be used to improve products and marketing strategies. Overall, DTC has become a popular channel for many brands, especially those in the e-commerce space, looking to build strong relationships with their customers and increase profitability.

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