FILL IN THE BLANK. a ___ payable is a short-term liability that occurs when a company purchases goods and does not immediately pay with cash. (enter only one word.)

Answer: C. higher demand from customers

Explanation:

Answer:

"Brand Revenues minus Rebates minus Cost of Goods Sold" is the computation for Gross Profit.

Explanation:

Brand Revenues minus Rebates minus Cost of Goods Sold is the computation for Gross Profit.

Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold from revenue.

These figures can be found on a company's income statement. Gross profit may also be referred to as sales profit or gross income. Gross profit assesses a company's efficiency at using its labor and supplies in producing goods or services. Gross profit, which only reflects the cost of goods sold, is different than net profit which factors in all company-wide expenses.

A derivative of gross profit is gross margin, a margin that indicates what percent of revenue a company earns can be applied towards company operating costs.

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In the recent years, investors and hoteliers have been increasingly made aware of how the environment and social life impacts hotel operations and developments. Factors that have contributed to this awareness include the desires of hotel owners and operators to reduce costs of operations, change required for sustainable development, increased regulations that pay attention to development and operations and the way attitudes of investors are changing towards the environment. Sustainability is still a difficult task to measure in the hospitality industry. Business environment faces many challenges because of its dynamic nature

Answer:

okay this makes sence. you would first subtract and get

Explanation:

5

Households with net worth in the negative or zero may have the highest average credit card debt because they face financial difficulties on account of lower incomes.

It's possible that these households experience financial hardships or lower incomes which restrict them in building savings and assets. Hence, they end up resorting to credit cards as means of survival, and this may be a key reason behind their increased level of credit card debt.

Moreover, it is likely that households with negative or no net worth confront limited access to alternative forms of credit, like loans or lines of credit. Consequently, these people probably feel compelled to rely on credit cards increasingly for borrowing purposes. In turn, this tendency could augment their level of credit card debt.

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The re-order level can be calculated by adding delivery period to the time it takes to receive an order. Therefore, the re-order level is 806,000 units.

Re-order level is a term used in inventory management that refers to the minimum quantity of a product that a business needs to have on hand before placing a new order. It is also known as the reorder point or the minimum stock level. The purpose of setting a re-order level is to ensure that a business never runs out of stock, which could lead to lost sales and unhappy customers. The re-order level is determined by considering various factors such as lead time, demand variability, and safety stock. It is calculated by subtracting the lead time demand from the desired service level and adding the safety stock. By setting a re-order level, businesses can optimize their inventory management, reduce the risk of stockouts, and ensure they always have enough product to meet customer demand.

Re-order level = Maximum usage × (Delivery period + Time to receive an order) - Minimum usage

Re-order level = 26,000 units/day × (28 days + 5 days) - 12,000 units/day

Re-order level = 26,000 units/day × 33 days - 12,000 units/day

Re-order level = 818,000 units - 12,000 units/day

Re-order level = 806,000 units

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Ken immediately offered Barbie the position after the interview because he was so pleased by her familiarity with aesthetic engineering. Sadly, her work quality fell short of his standards. The halo effect might well have affected Ken.

In contrast to those who report high job satisfaction, those who report poor job performance tend to be highly inclined to leave their occupations.

It has been demonstrated that emotional quotient and job service quality is positively correlated.

A proactive personality is characterized by the ability to constantly reminded, take initiative, act, and persist until significant change has taken place.

The Top Five Extraversion is part of the personality model.

We can say that behavior demonstrates consensus if everyone encountering a comparable scenario reacts in a comparable way.

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Answer:

Native advertising

Explanation:

Because nowdays all are in social media thus advertising become more easy to create stories

Misleading advertising material created to look like regular news stories or social media is known as native advertising.

Advertising refers to the methods used to draw attention to a good or service.

Even though some people may not be aware of it, advertising is always around. Advertising in today's society uses all media available to spread its message. This is accomplished through the use of various media, including television, print (newspapers, magazines, journals, etc.), radio, press, the internet, direct marketing, billboards, mailers, competitions, sponsorships, posters, clothes, events, colors, sounds, b

The advertising industry is made up of businesses that advertise, agencies that produce the ads, media that runs the ads, and numerous individuals who take the ads all the way to the consumer or recipient, including, visualizers, brand managers, researchers, creative minds, and designers.

Thus, the option B is correct.

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Answer:

$10 million

Explanation:

Calculation for the reported profit for the first year of the contract

Using this formula

Reported profit=(BB Costs/Project cost estimate)×(Building contract-Project cost estimate)

Let plug in the formula

Reported profit = ($30 million / $75 million)×($100 million – $75 million)

Reported profit=0.4 million ×25 million

Reported profit= $10 million

Therefore the reported profit for the first year of the contract will be $10 million

1 increasing audience

2 payment methods and or growing page

3 yes help others and myself

4 insta due to its growing capacity

Five ways in which business studies is a living subject:

Business studies is an ever-evolving subject that continuously updates itself to reflect the latest developments and trends in the contemporary business environment. The dynamic global economy, characterized by recessions, inflation, and changing trade policies, can have significant consequences on businesses. It compels them to adapt quickly in order to remain profitable.

Furthermore, as society shows a growing inclination towards sustainability and ethical concerns, businesses must incorporate these principles into their practices. This highlights the importance of keeping up-to-date with these changes for students studying in business studies so they can gain success in today's innovative business world.

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Answer:

Accounts receivable

Dec 31, 2017 = $485,000

Dec 31, 2016 = $432,000

Amount = $53,000

Percentage = $53,000/$432,000

Percentage = 0.1226852

Percentage = 12%

Inventory

Dec 31, 2017 = $786,000

Dec 31, 2016 = $617,000

Amount = $169,000

Percentage = $169,000 / $617,000

Percentage = 0.2739060

Percentage = 27%

Total assets

Dec 31, 2017 = $3,111,000

Dec 31, 2016 = $2,707,000

Amount = $404,000

Percentage = $404,000/$2,707,000

Percentage = 0.1492427

Percentage = 15%

As a strong leader, you ought to provide a very thorough justification. Find a fresh approach to collaboration to complete the task. When you set out to do something, as a successful leader, you most likely find a new way to work with others.

Effective leaders must comprehend the motivations, emotions, and sentiments, particularly those who report to them. Since so many individuals are currently dealing with various difficulties, including worry, stress, adjusting to new work conditions, and income decline, empathizing with employees is essential.

A good leader demonstrates courage, passion, confidence, commitment, and ambition and offers direction, inspiration, and advice.

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Answer:

B. Will change both their jobs and careers

Explanation:

Internet made it really easy for people to access information , including new educations. Due to the abundant of information that the people can use, acquiring new skills and connections that required to change jobs became much Easier.

According to the data that recorded by the government, around 51% of modern workers change their jobs within 1-5 years period and around 30% workers change their careers every 12 months.

Answer:

c.

Will change both their jobs and careers

Explanation:

got it right on edge

Economic interdependence is the relationship between two people, organisations, religions, companies, regions, or nations.

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Answer:

Angela and Stenbach Service Centre

Contract for Service and Contract of Service:

1. Angela has a contract for service.

2. Factors used to decide whether a contract is for service or of service:

a) Employment terms are slightly different from business contract terms.

b) Employees are paid Wages and Salaries, while contractors are paid fees.

c) Employees do not submit monthly invoices for payment, but contractors do.

d) Angela fills tax forms for herself and remits the taxes, so she is self-accounting with respect to her income taxes, unless withholding taxes like Sales taxes.  An employee's income tax is deducted from her salary before payment and the company remits the taxes to the IRS.

Explanation:

The agreement between Angela, a self-employed individual, and Stenbach Service Centre is a contract for service.   A contract of service is an employment contract between Stenbach Service Centre, the employer, and the Payables Supervisor, an employee, for example.  Essentially, Angela can be described as an outsourcer for services vendor or service provider to Stenbach Service Centre, an outsourcer of service company.  Angela is engaged for a fee to carry out property maintenance services, including lawn care, snow removal, and parking lot maintenance.  She is an independent contractor with Stenbach.  She does not need to work on any day and she can subcontract her work by hiring others to help her discharge the service.  An employee, like Chris, cannot hire another person to discharge his responsibilities and must work on designed days.

Another important difference is that Angela submits monthly invoices for actual work done.  An employee does not have to submit an invoice in order to be paid for work done.  Angela's invoices will not be of the same amount from one month to the other, unlike Chris' whose salary pay sheet may be static in amount from month to month.  

Intermediaries, in business and marketing, are those that act as a middleman between the producer and the consumer. The role of intermediaries in the distribution process of goods and services is to ensure that products and services are moved from the producer to the consumers.

There are several types of intermediaries in the distribution process, including wholesalers, retailers, agents, and brokers. They play a crucial role in the distribution process in the following ways:

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A company that has been in business for much less than twelve months ought to file advertisements with FINRA/10.

An advertisement is a paid promotional tool subsidized by means of a diagnosed sponsor to call public attention to an imparting or a logo. it's a paid promotional device: commercials are paid promotional messages communicated through some mass communication media.

An advertisement refers to a paid form of conversation that promotes a carrier, product, or emblem. marketers use commercials to help agencies reach their targets and increase revenue. It has the desired qualities of strong credibility, high audience attention stages, and friendly audience reception. It capabilities open-ended communique with questions and answers approximately the product, psychological incentives to purchase, memorability, efficiency, and frequency.

Advertising has an easy precept — getting humans interested in a product being offered. After arousing interest, the goal is to persuade human beings to buy the product, although they hadn't formerly idea about buying it. advertisements paintings by using psychology to persuade the way human beings think and feel about products or services.

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Explanation:

The organizational structure can be defined as the way in which the company's activities are divided, coordinated and executed, encompassing the physical aspects of the company, as well as the human, and all the systems that make up the organization.

Organizational culture can be defined as the set of values, rules and procedures shared by all employees in an organization.

The interrelation between the organizational structure and the culture, is that analyzing the three levels of the organizational culture that are:

1- Artifacts,

2- Shared values,

3- Basic assumptions.

Analyzing the three levels of the organizational culture, we see that it encompasses the organizational structure, since the artifacts are the physical aspects that will contribute to the generation of a given culture.

The multinational company Google, is an example where the organizational structure and culture are related, because it is a technology company that has innovation and flexibility as its main values, it presents a relaxed and horizontal physical structure, which stimulates motivation, creativity, engagement and integration of teams that will develop essential projects for the company to achieve its goals.

Answer:

Money is accepted as medium of exchange. People exchange goods and services through medium of money when they buy goods or sell products. Thus money acts as intermediary which solves barter's problem of lack of double coincidence of wants.

It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.

CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.

As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.

It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.

This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.

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Culture can significantly impact ethical reasoning, creating conflicts between different cultural norms and values that can disrupt global business, but a nuanced and culturally sensitive approach can help companies navigate these challenges.

Culture can have a significant impact on ethical reasoning, as it shapes people's values, beliefs, and attitudes towards different ethical issues. For example, in some cultures, there may be a strong emphasis on individualism and personal achievement, while in others, collectivism and group harmony may be prioritized. This can lead to different perspectives on issues such as corporate responsibility, environmental sustainability, and human rights.

In some cases, a country's ethical reasoning can disrupt global business by creating conflicts between different cultural norms and values. For example, a company that operates in a country with a strong emphasis on individualism may struggle to meet the expectations of stakeholders in a country with a more collectivist culture. Similarly, a company that operates in a country with a lax regulatory environment may face criticism and backlash from stakeholders in countries with stronger regulatory standards.

One specific example of cultural differences impacting global business can be seen in the case of labor standards. In some countries, there may be a cultural acceptance of low wages and poor working conditions, which can create challenges for companies that operate in those countries and are subject to pressure from consumers and investors to improve labor standards. At the same time, companies that prioritize high labor standards in countries with low cultural expectations may face challenges in maintaining profitability and competitiveness.

Overall, understanding the cultural factors that shape ethical reasoning is important for global businesses to navigate the complex ethical and social issues that arise in different contexts. By taking a nuanced and culturally sensitive approach, companies can build trust and credibility with stakeholders while also maintaining a competitive edge in the global marketplace.

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Answer:

the answer is A) common law

i) The expected number of customers who will make a purchase in the current month is 4.

ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.

(i) For the current month:

Number of people entering the store = 10

Probability of making a purchase = 40% = 0.4

Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase

Expected number of customers making a purchase = 10 * 0.4

Expected number of customers making a purchase = 4

Therefore, the expected number of customers who will make a purchase in the current month is 4.

(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).

For the current month:

n = Number of people entering the store = 10

p = Probability of making a purchase = 0.4

q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6

Standard deviation (σ) of a binomial distribution is given by the formula:

σ = √(n * p * q)

Substituting the values:

σ = √(10 * 0.4 * 0.6)

σ = √(2.4)

σ ≈ 1.55

Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.

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Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.

Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.

T Accounts should be made as follows.

Assets

DR $1500 Computers

DR $650 Furniture

DR $334 Van Payment

Expenses

DR $420 Office Supplies

DR $250 Electric Company

DR $100 Water

DR $250 Office Supplies

Petty Expenses

DR $150 Steak House

DR $100 Fuel Stop

The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.

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Answer:

profit.

Explanation: its just right

The annual depreciation expense for the equipment using the straight-line method is $18,450.

In this scenario, the equipment has a cost of $240,000, an estimated residual value of $18,600, and an estimated useful life of 12 years. The equipment is depreciated using the straight-line method.

Depreciation is a method used to allocate the cost of an asset over its useful life. The straight-line method is a commonly used depreciation method where the cost of the asset is evenly spread out over its useful life.

To calculate the annual depreciation expense using the straight-line method, we subtract the estimated residual value from the cost of the equipment and divide the result by the estimated useful life:

Depreciation Expense per Year = (Cost - Residual Value) / Useful Life

Depreciation Expense per Year = ($240,000 - $18,600) / 12

Depreciation Expense per Year = $221,400 / 12

Depreciation Expense per Year = $18,450

Therefore, the annual depreciation expense for the equipment using the straight-line method is $18,450.

By depreciating the equipment over its useful life, the company is spreading out the cost of the equipment in a systematic manner, reflecting its gradual wear and tear and decrease in value over time. This approach allows for the matching of expenses with the revenue generated by the equipment's usage throughout its useful life.

It's important to note that depreciation methods and useful life estimates may vary depending on accounting standards and individual company policies. Additionally, the estimated residual value represents the expected value of the equipment at the end of its useful life, accounting for potential salvage or resale value.

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