The January 31 ending inventory and cost of goods sold for January, assuming Denver uses average cost and perpetual inventory system is $46,650.
What is perpetual inventory system?Perpetual inventory systems, also known as continuous inventory systems, are inventory management techniques where information on inventory quantity and availability is updated continuously and in real time as a part of business operations. In most cases, this is done by integrating the inventory system with the order input and retail point of sale systems. In this instance, book inventory would be identical to, or very similar to, real inventory. Periodic or non-continuous inventory systems were more common in former times. A perpetual inventory system could be put into place starting in the 1970s thanks to digital computers. Bar coding and more recently radio frequency identification labels have made this easier since they enable computer systems to swiftly read and interpret inventory information as part of transaction processing.
200 units at $60 = $12,000 + 550 units at $63 = $34,650 = $46,650
To learn more about perpetual inventory system, visit:
https://brainly.com/question/26764170
#SPJ4
Anna is trying to find a topic for her informative presentation. which strategy might she use to help find an appropriate topic?
The strategy that will help her find the topic are brainstorming, creation of map, interset area, academic studies etc. Thus, option (E) is correct.
What is an informative presentation?Informative presentation refers to the presentation given to the public or audience which provides them with the certain information, facts, figures etc.
Engaging in brainstorming, creating a thought map, considering her own interests and experiences, drawing from her academic studies, and other strategies can help her select the topic.
Therefore, it can be concluded that option (E) is correct.
Learn more about presentation here:
https://brainly.com/question/649397
#SPJ4
Your question is incomplete, but most probably the full question was...
A) engage in brainstorming
B) create a concept map
C) consider her own interests and experiences
D) draw from her academic studies
E) all the options are correct
Describe how the U.S. private enterprise economy works
Answer: Go ahead and copy and paste
Explanation: As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers.
Answer:
As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers. ... Private enterprise is open to all comers.
What kind of Consumer Service is particularly open to an entrepreneur
Answer:
Consumer service is referred to as one on one interaction by entrepreneur.
Explanation:
Consumer service is an essential thing that needs to considered for successful business. The entrepreneur should focus on key customer and then address their queries to further promote his business. He should address any concerns that a consumer might have about the product.
Which of the following statements describes the most likely reason why
ethical employees are important for a company?
Answer:
Works because they create products and help the company thrive
Explanation:
Answer: C. It can save money :)
Explanation:
Which of the following best describes entrepreneurial personality traits?
a
Risk averse and co-dependent.
Appreciate direction from others and risk averse.
Tolerant of uncertainty and highly energetic.
Prefer to work less hours and prefer to give directions and let others do the foot work
d
estion 5 (1 point
Hetailed written statement that describes the nature of the business, the customer segment, the
The two important entrepreneurial personality traits are tolerance of uncertainty and high energy levels. Hence, Option (B) is correct.
Entrepreneurs must be tolerant of uncertainty because starting and running a business involves inherent risks and unpredictable outcomes.
They face numerous challenges, from market fluctuations to competition and unforeseen obstacles.
Tolerating uncertainty means they can handle the stress and pressure associated with these situations, adapt to changing circumstances, and make informed decisions amidst ambiguity.
High energy levels are crucial for entrepreneurs because they often work long hours, face multiple responsibilities, and encounter numerous demands.
Entrepreneurship requires dedication, passion, and a relentless drive to achieve goals.
Thus, these two traits, that are tolerance of uncertainty and high energy levels, are foundational for entrepreneurs.
Learn more about entrepreneurial personality here:
https://brainly.com/question/15336102
#SPJ6
Which of the following best describes entrepreneurial personality traits?
A. Risk-averse and self-nurturing
B. Tolerant of uncertainty and highly energetic
C. Appreciative of direction from others and risk-averse
D. Preference for working fewer hours and letting others do the footwork
Your cousin has just graduated from college and is starting her search for an apartment to rent. What are three steps you think she should take during her search?
When a person lives in a house or apartment of another person or the tenant on a contract basis is called rent.
The three steps that she should take during the rental apartment search is:
She should first know her location and the area very well. The location of the apartment matters for safety as well as convenient purposes. Secondly, she should know her budget well. Budgeting is very important as she is just a graduate and should filter the search accordingly.Lastly, the information about the owner or tenant must be known as it will help in the lease issues and will keep away from illegal problems.In these ways, she could search for the apartment.
To learn more about rent follow the link:
https://brainly.com/question/25015291
Idriss, a registered nurse, operates a home health care service to assist with the medical, meal preparation, and light housecleaning needs of older adults. When idriss makes strategic plans for his business to deal with an expected decline in the number of older people in the population, he is paying attention to the ________ environment.
Since idriss makes plans to deal with an expected decline in the number of older people in the population, he is paying attention to the general environment.
What is general environment?General environment entails the overall resident of a specific area.
In conclusion, he is paying attention to the general environment because he makes plans to deal with an expected decline in the number of older people in the population.
Read more about environment
brainly.com/question/17413226
The United States enjoys a free market economy in which _____. most economic decisions are made by the central government the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines most economic decisions are allowed to occur naturally as a result of market changes made by government intervention none of the above all of the above
Answer:
none of the above
Explanation:
I think its none of the above because in free economy the businesses basically do whatever they want and government/state has little to no interference.
Which situation best illustrates the role of households in the circular flow of
goods?
A. A runner buys a new pair of athletic shoes.
B. A website sells cheap books and magazines.
C. A factory produces screws used to build furniture.
O D. A company designs websites for big businesses.
A runner buys a new pair of athletic shoes best illustrates the role of households in the circular flow of goods. Thus, option A is correct.
What is circular flow of goods?The circular flow is the continuous movement of revenue, expenditure, and the production of products and services in an economy.
It demonstrates the circular redistribution of revenue between the producing unit and households. They include entrepreneurship, labor, capital, and land. Rent is the fee received in exchange for the fixed natural resource( also known as land)contribution. Wage is the comprehension received for the contributions made by human worker. Interest is the compensation received for the capital contribution. Profit is the reward for the contribution produce by the enterprise.
Therefore, we can conclude that option A is correct.
Learn more about circular flow of goods here:
https://brainly.com/question/5126058
#SPJ7
Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
I have an interview in a few days, at CherryBerry. Any tips/advice?
Answer:
be patient
be careful when giving sample cups
Explanation:
Answer:
- Practice having an interview. Answer basic, complex and frequently asked interview questions.
- Prepare questions to ask the interviewer.
Explanation:
ales for Adidas grew at a rate of 0.5196 in Year 1, 0.0213 in Year 2, 0.0485 in Year 3, and -0.0387 in Year 4. The average growth rate for Adidas during these four years is the closest to Multiple Choice O 3.49% O 11.83% O O 13.77% O 14.02%
The average growth rate for Adidas during the four years is the closest to 13.77%.To calculate the average growth rate, we sum up the individual growth rates and divide them by the number of years. Adding the growth rates for the four years, we get 0.5196 + 0.0213 + 0.0485 + (-0.0387) = 0.5507.
Dividing this sum by 4 (number of years), we get an average growth rate of 0.5507/4 = 0.1377 or 13.77%. Therefore, the closest option to the average growth rate is 13.77%.
The average growth rate is calculated by summing up the growth rates for each year and dividing by the number of years. In this case, the growth rates for Adidas in Year 1, Year 2, Year 3, and Year 4 are given as 0.5196, 0.0213, 0.0485, and -0.0387, respectively. Adding these growth rates, we get a sum of 0.5507. Dividing this sum by 4, we obtain the average growth rate of 0.1377 or 13.77%.
Therefore, the closest option to the average growth rate is 13.77%. This means that, on average, Adidas experienced a growth rate of approximately 13.77% per year over the four-year period. It's important to note that the negative growth rate in Year 4 has a downward impact on the overall average growth rate.
Learn more about average here:- brainly.com/question/24057012
#SPJ11
How to treat someone very mean on their special day??
When I mean special day I mean
Mothers day
Birthday
Meeting
whoever answers the questions correctly and best I will mark them Brainly and will give them more points
Answer:
birthday
Explanation:
- give them a happy birthday card but glue the card shut
- give them a wrapped present but inside the box put nothing but glitter in it
What does Mr MC stand for?
The marginal cost curve and the marginal income curve a business is profitable when MR exceeds marginal cost (MC). And it's known as profit maximisation when MC = MR.
After this, the business is unable to turn a profit. So it makes sense for them to halt production MR. The cost increase caused by producing an extra unit is referred to as marginal cost (MC). It is the additional expense incurred while producing an extra unit. The additional profit generated by producing or selling an extra unit is referred to as marginal revenue (MR). A corporation that wants to maximise its earnings will produce up to the point where marginal cost is a significant component in economic theory (MC)
To learn more about MC, click here.
https://brainly.com/question/28101775
#SPJ4
a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Select the correct answer.
Which marketing strategy is the most effective in the modern era?
O A. relationship marketing
OB. marketing mix
Oc relationship marketing combined with the marketing mix
OD. considering the short-term interests of society
O E.
customer service
Answer:
Customer Service
Explanation:
A certain state uses the following progressive
tax rate for calculating individual income tax:
Tax Bracket ($) Rate
0 - 3000 2%
3001 - 5000 3%
5001 - 17,000 5%
17,001 and up
5.75%
Calculate the state income tax owed on a $40,000
per year salary.
tax = $[?]
Round your answer to the nearest whole dollar amount.
Answer:
$2,042.50
Explanation:
Tax liability will be calculated as follows
The tax on the first 3000 will be at 2%
=3000x 0.02= $60
Tax on next 2000 at 3%
=2000x 0.03= $60
Tax on the next 12,000 at 5%
=12,000 x 0.05=$600
Tax on the final 23,000 at 5.75%
=23,000 x 0.0575 = $1,322.50
Total tax liability will be $60 +$60 + $600 + $1,322.50=$2,042.50
=$2,042.50
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:
Answer: Excessive cost
Explanation:
Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.
Which of the following is essential for a firm to gain a sustained competitive advantage over its competitors?
Answer:
Down Below
Explanation:
The resources must be valuable, rare, imperfectly imitable, and non-substitutable.
What is Gravitational law and how yo solve it
Explanation:
I believe this is what you are asking for, Newton's law of gravitation.
The law of Newton's universal-gravitation states that every particle will attract every other particle in the universe. The force that attracts this is a force that is directly proportional to a product of the mass.
When the present usage of land is in legal conflict with an enacted zoning ordinance the usage is called:
a. void
b. a variance
c. spot zoning
d. nonconforming
When the present usage of land is in legal conflict with an enacted zoning ordinance the usage is called non-conforming. Thus the correct option is D.
A non-conforming use is a land use that was permitted under the requirements of a zoning ordinance at the time of its adoption but is no longer permitted due to changes in the zoning restrictions.
Non-conforming usage might cause legal issues for property owners who want to make changes to their land or sell it.
In other circumstances, property owners may be entitled to continue their non-conforming uses indefinitely as long as they comply with all other applicable laws and regulations.
Therefore, option D is appropriate.
Learn more about zoning ordinances, here:
https://brainly.com/question/30585463
#SPJ4
100 points! PLEASE HELP. DO NOT SKIP THIS!
PLEASE DON'T DO FUNNY BUSINESS HERE.
You are now familiar with government and how it plays a role in our economy. Using what you learned in the lesson, describe two advantages and two disadvantages of governmental involvement. What changes would you make to improve government’s role?
You can say answers other than-
there are more restrictions
Answer:
There are many advantages of government intervention such as even income distribution, no social injustice, secured public goods and services, property rights and welfare opportunities for those who cannot afford. Whereas, according to some economists the government intervention may also result in few disadvantages.
I would try to remove corruption
Explanation:
Plz mark brainliest thanks
Answer:
(Disadvantages)
Government and political interference may lead to poor management.
-Operation in large scale may lead to diseconomies of scale arise.
(Advantages)
-Protecting the safety and health of the public and the environment.
-Offering consumers increased safety when choosing products.
Explanation:
Stop trying to legislate morality. Where we get tripped up is in the conversation about "beliefs". We have been stuck in fights that keep our country in a holding pattern. It is not only detrimental to our unity, it undermines our ability to concentrate on areas that need it.?
true or false? one-to-one engagement doesn’t result in customers spending more.
False. One-to-one engagement often results in customers spending more, as personalized interactions can lead to higher customer satisfaction and stronger relationships between the customers and the business.
One-to-one engagement, where businesses interact with customers on an individual level, can actually result in customers spending more. By building a personal relationship with the customer and understanding their needs and preferences, businesses can tailor their offerings and marketing strategies to better appeal to that customer. This can lead to increased customer loyalty and a willingness to spend more money with the business. However, it is important to note that one-to-one engagement must be genuine and authentic, as customers can easily detect when a business is only interested in making a sale.
Learn more about customer satisfaction: https://brainly.com/question/28387894
#SPJ11
Mitch and his friends are planning a trip to the Tsunami Springs water park. The employee Mitch spoke to on the phone said the total cost for all 7 of them would be $154. This includes an entrance ticket and a $5 tube rental fee for each person. What is the cost of an entrance ticket
Answer:
Entrance ticket is $17.
Explanation:
Using a expression we can see the costs.
E - Entrance Ticket
T - Tube rental fee
7E + 7T = 154
Substitute T for the $5 that we know is the cost for tube rental.
7E + 7(5) = 154
7E + 35 = 154
-35 -35
7E = 119
/7 /7
E = $17
Answer:
Explanation:
when using the specific identification inventory method, cost of goods sold equals the ______.
Answer: cost of the actual item sold.
Explanation:
When using the specific identification inventory method, the cost of goods sold equals the "revenues from the goods sold."
This is because the specific identification inventory method calculates each unit of n item in an inventory from when it enters the inventory until it leaves it.
The specific identification inventory method is used by many industries such as automobiles, furniture, jewelry, etc.
This method is mostly used when each unit of items can be specified easily, either through serial number, stamped receipt date, or other means of identification.
Hence, in this case, it is concluded that the specific identification inventory method is a good method to use in certain industries.
Learn more here: https://brainly.com/question/15896939
You are a multi-disciplinary project group, tasked with preparing proposals for a new outdoor Pop Music Festival. The inaugural Festival is to take place in June 2023.
The client, a Music Entrepreneur, has stipulated that the annual festival is to be aimed at families; last 7 days, attract 250, 000 people over the 7-day period, with 50, 000 at any time. The major sponsors, a Building Society and a Bank are very supportive of the Family concept of the Festival and any bad publicity from the Festival could cause them to withdraw their support. You should assume that Planning Permission would require, amongst other things that as much of the site as possible should be returned to Farming use after the Festival. The site is a farm located on the other side of a river currently accessible only by foot.
The proposals are to take account of all the factors critical to the success of the Festival.
List the key stakeholders to the project, i.e., the significant parties that can influence or are affected by the project. You should allocate roles to each stakeholder respectively.
Indicate stakeholders who are not at the group meeting, but whose interests must be considered; e.g. customers, entertainers, neighbours, Land owner, Local Planning Authority etc.
List the primary requirements/objectives for the project, of each key stakeholder and indicate any secondary objectives of the project if any.
Agree a succinct statement of the Objectives of the Project that meets the primary requirements of the key stakeholders
List the critical issues for consideration in developing the project
List the primary functions (i.e., what the project must do, rather than what it is), that the project must fulfill to meet the objectives (Express in simple verb-noun form;. E.g. Attract families; Satisfy Planners; Make profit; Have good access; Accommodate families)
Brainstorm each of the primary functions to generate as many ideas as possible to achieve the functions and list all generated ideas.
As a multi-disciplinary project group, we propose the following plan for the new outdoor Pop Music Festival:
1. Site Selection and Access: We will carefully select a suitable farm site that can accommodate the festival's requirements. Since the site needs to be returned to farming use afterward, we will prioritize minimizing environmental impact. We will also explore options for temporary bridge construction or boat transportation to provide easy access across the river for festival attendees.
2. Event Planning: To ensure the festival is family-oriented, we will curate a diverse lineup of popular artists suitable for all ages. We will incorporate various entertainment options such as interactive activities, children's zones, and family-friendly attractions throughout the festival grounds. Safety measures, including designated areas for children and family facilities, will be implemented to create a secure environment.
3. Infrastructure and Sustainability: Temporary infrastructure, such as stages, seating, and facilities, will be designed and constructed in a manner that allows for easy dismantling and minimal impact on the land. We will prioritize eco-friendly practices, including waste management, recycling, and energy-efficient solutions. Collaboration with local farmers will facilitate the restoration of the site to its original farming use after the festival.
4. Risk Management: We will implement a comprehensive risk management plan to minimize potential negative incidents and ensure the sponsors' continued support. Safety protocols, security measures, and emergency response procedures will be put in place to safeguard attendees and mitigate any possible risks.
By following these proposals, we aim to create a successful outdoor Pop Music Festival that caters to families while respecting the environment and meeting the expectations of the major sponsors.
To Learn more about Pop Music Festival. Click this!
brainly.com/question/32212216
#SPJ11
Tell me all the important stuff i need to know about scarcity in terms of Economics?
Answer:
Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible
Explanation:
Hope this helps! Have a good day!
Answer:
Scarcity refers to the basic economic problem, the gap between limited – that is, scarce resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.
Explanation:
Find solutions for your homework
Search
business
finance
finance questions and answers
the treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $170,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 8.30 percent. if they increase to 10.50 percent, assume the value
This problem has been solved!
You'll get a detailed solution from a subject matter expert that helps you learn core concepts.
See Answer
Question: The Treasurer For Pittsburgh Iron Works Wishes To Use Financial Futures To Hedge Her Interest Rate Exposure. She Will Sell Five Treasury Futures Contracts At $170,000 Per Contract. It Is July And The Contracts Must Be Closed Out In December Of This Year. Long-Term Interest Rates Are Currently 8.30 Percent. If They Increase To 10.50 Percent, Assume The Value
The treasurer for Pittsburgh Iron Works wishes to use financial futures to hedge her interest rate exposure. She will sell five Treasury futures contracts at $170,000 per contract. It is July and the contracts must be closed out in December of this year. Long-term interest rates are currently 8.30 percent. If they increase to 10.50 percent, assume the value of the contracts will go down by 15 percent. Also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $139,000. This expense, of course, will be separate from the futures contracts.
a.
What will be the profit or loss on the futures contract if interest rates go to 10.50 percent by December when the contract is closed out? (Input the amount as a positive value.)
(Click to select)ProfitLoss on futures contracts$
b-1.
After considering the hedging, what is the net cost to the firm of the increased interest expense of $139,000?
Net cost$
b-2.
What percent of this $139,000 cost did the treasurer effectively hedge away? (Input your answer as a percent rounded to 2 decimal places.)
Percentage hedged away%
c.
Indicate whether there would be a profit or loss on the futures contracts if interest rates went down.
LossProfit
If interest rates increase from 8.30 percent to 10.50 percent by December when the futures contract is closed out, the Pittsburgh Iron Works will incur a loss on the futures contract.
The net cost to the firm of the increased interest expense of $139,000, after considering the hedging, is the amount that was not effectively hedged away. The treasurer effectively hedges away a certain percentage of the cost, which will be calculated. In the scenario where interest rates decrease, there would be a profit on the futures contracts.
a. To calculate the profit or loss on the futures contract if interest rates go to 10.50 percent by December, we need to determine the change in value of the contracts. The value of the contracts will go down by 15 percent if interest rates increase by 2.2 percent.
Therefore, the loss on the futures contract would be 15 percent of the total value of the five contracts, which is $170,000 per contract. The calculation is as follows: Loss on futures contracts = 15% * 5 * $170,000 = $127,500.b-1.
Since the value of the contracts decreased by 15 percent, the amount effectively hedged away would be 15 percent of $139,000, which is $20,850. Therefore, the net cost to the firm would be $139,000 - $20,850 = $118,150.
b-2. To determine the percentage of the cost effectively hedged away, we divide the amount effectively hedged away by the total cost and multiply by 100. The calculation is as follows: Percentage hedged away = ($20,850 / $139,000) * 100 ≈ 15.00%.
c. In the scenario where interest rates decrease, there would be a profit on the futures contracts. However, the exact amount of profit cannot be determined without additional information about the magnitude of the interest rate decrease and its impact on the value of the contracts.
Learn more about interest rates click here: brainly.com/question/28236069
#SPJ11
25 point multiple choice
Ava works in a college admissions office. She is involved in reading applications and matching students to the criteria set out by the school for acceptance. If Ava decides that the student qualifies to attend the college, she notifies them. Which pathway in the Education and Training Cluster does Ava’s career fall into?
A. Teaching and Training B. Administration and Administrative C. Professional Support Services D. Science & Mathematics
It will be Option C, " Professional support and Services ".
Proof:-
• She is only reading applications that might be related to complaints or admissions, So , Option A and D is incorrect.
• She is not in the field of anything related to teaching, therefore, Option B is also incorrect.
Now Option C is only remaining. Therefore, Option C is your answer.
Hope it helps you...
(Answered by Benjemin)