Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows:
Product 1 Product 2 Product 3
Cost $ 37 $ 107 $ 67 Selling price 91 171 121 Costs to sell 10 74 27 Required:
What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?

Answers

Answer 1

The unit value that Herman should use is 37 of product 1, 97 of product 2 and 67 of product 3, while using lower of cost or net realizable value rule to ending inventory.

               

                 Cost   Selling Price   Costs to Sell   NRV Inventory value

                      A              B                     C           D=(B-C) E= (lower of A&D)

Product 1        37            91                   10                 81              37

Product 2       107          171                  74                97              97

Product 3        67          121                  27               94               67

Both the raw ingredients used during manufacturing and the finished commodities that are offered for sale are covered by the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of generating revenue and, consequently, a source of profits for the shareholders of the company. There are three different categories of inventory: finished commodities, work-in-progress, and natural resources. On the statement of financial position, it is listed as a liquid asset.

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Related Questions

Draw the model of Porter’s Five Forces analysis. What determines
the power of suppliers? Explain how an organisation could respond
to a situation where the bargaining power of suppliers is high

Answers

Porter's Five Forces analysis model includes five key forces: competitive rivalry, bargaining power of suppliers, bargaining power of buyers, threat of new entrants, and threat of substitute products or services. The power of suppliers is determined by factors such as supplier concentration, availability of substitutes, and switching costs. An organization can respond to a situation of high supplier bargaining power by diversifying its supplier base, developing alternative sourcing options, negotiating favorable contracts, or vertically integrating into the supplier's industry.

In Porter's Five Forces analysis, the power of suppliers refers to the influence and control suppliers have over the prices, terms, and availability of inputs or resources. Several factors determine the power of suppliers:

Supplier concentration: When there are few suppliers in the market, they have more leverage to dictate terms and prices. High supplier concentration increases their bargaining power.Availability of substitutes: If there are limited alternatives or substitutes for the supplier's product or service, it strengthens their bargaining power. Scarcity or exclusivity of supply can give suppliers an advantage.Switching costs: When switching suppliers involves significant costs or difficulties, such as retooling, retraining, or reengineering, the supplier's power increases. Higher switching costs make it harder for organizations to switch to alternative suppliers.

When an organization faces a situation of high supplier bargaining power, it can respond by:

Diversifying the supplier base: By engaging multiple suppliers for the same inputs, an organization can reduce dependence on a single supplier and negotiate better terms and prices.Developing alternative sourcing options: Exploring and establishing relationships with new suppliers or exploring alternative sourcing regions can create competition and provide more negotiating power.Negotiating favorable contracts: Engaging in negotiation with suppliers to secure favorable terms, prices, and longer contracts can help mitigate the impact of high supplier power.Vertical integration: In some cases, an organization may choose to vertically integrate by acquiring or establishing its own supplier. This can provide greater control over the supply chain and reduce dependence on external suppliers.

The power of suppliers in Porter's Five Forces analysis is influenced by factors like supplier concentration, availability of substitutes, and switching costs. In response to high supplier bargaining power, organizations can diversify their supplier base, seek alternative sourcing options, negotiate favorable contracts, or consider vertical integration. These strategies aim to reduce dependence, increase competition, and strengthen the organization's position in supplier negotiations.

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which phenomenon in today's business climate has made the "white-water rapids" metaphor popular?

Answers

The phenomenon in today's business climate that has made the "white-water rapids" metaphor popular is the rapid and unpredictable pace of change and disruption.

The metaphor signifies the turbulent and challenging nature of the business environment, where companies are constantly navigating through rapid technological advancements, shifting market dynamics, and unpredictable consumer behavior.

The use of the "white-water rapids" metaphor highlights the need for organizations to be agile, adaptable, and responsive to survive and thrive in this dynamic landscape. Similar to navigating through turbulent rapids, businesses must be able to quickly react, make decisions in real-time, and adjust their strategies to stay afloat and seize opportunities.

Factors such as digital transformation, globalization, evolving customer expectations, and the rise of disruptive technologies have all contributed to the white-water rapids metaphor gaining popularity in describing the current business climate. It reflects the recognition that traditional, slow-moving approaches may no longer be effective, and businesses must embrace a mindset of constant change and innovation to remain competitive.

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Project: How Entrepreneurs Improve the Economy
This project will focus on researching different ways that entrepreneurs improve the economy. You will then explore these ways and
explain whether you agree or disagree with how each can improve the economy.
During this project, you'll accomplish the following:
O Objectives
• Research at least five ways that entrepreneurs improve the economy and explain whether you agree or disagree with each.
Directions
Use the Internet to research different ways that entrepreneurs improve the economy. You will need to have at least five ways. Be sure
to include the URL links you used as resources in the space below.
Now that you have completed the research, record your findings in the table below and include the links,
1 Fillin five ways that entrepreneurs improve the economy

Answers

Answer:

time management

make best decision

saving the budget

having ideas

never relaxed

What should be included in your retirement plan?
A the amount of social security you expect to earn
B the amount of money you have in other accounts
C pension amounts from your former employers D all of the above ​

Answers

Answer:

A

Explanation:

because when you have social security then you are able to secure your money or pension

Answer:

A

Explanation:

because when security are around your money will safe

Should Ms. Linn purchase the $39M capsize? Make 2 different assumptions. First, assume that Ocean Carriers is a U.S. firm subject to 35% taxation. Second, assume that Ocean Carriers is located in Hong Kong, where owners of Hong Kong ships are not required to pay any tax on profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from Hong Kong.

Answers

The choice to buy the $39 million capsize vessel in the Ocean Carriers case study is a difficult one that is influenced by a variety of factors. Two potential assumptions.

That could have an impact on the choice are as follows:

Assumption 1:

The long-term demand for capsized vessels is still quite high. Owning the $39 million capsize vessel may be a wise investment for Ocean Carriers if there is a long-term need for them. The company would be able to secure a steady source of income by renting out the vessel to other businesses.

Assumption 2

There is little short-term demand for capsized vessels: If there is little short-term demand for capsized vessels, purchasing the $39 million capsize vessel could not be a wise financial decision for Ocean Carriers. The business could We made the assumption in our research that the ship will be sold after 15 and 25 years, with or without tax.

For the sale of the steel to the demolition company, the ship had a salvage value of $5 million in both sets of calculations. As a result, when exports drop, the spot rate drops significantly along with demand while the charter rate is fixed and doesn't change.

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Here are the cash flows for a project under consideration:

C0 C1 C2
−$7,440 +$5,340 +$19,080

a. Calculate the project’s net present value for discount rates of 0, 50%, and 100%. (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to the nearest whole dollar.)
Discount rate Net present value
0% $
50% $
100% $

b. What is the IRR of the project? (Do not round intermediate calculations. Enter your answer as a whole percent.)
IRR %

Answers

The net present value of the project for the discount rates of 0%, 50%, and 100% is $16,980, $450, and $-5,100 respectively. The internal rate of return of the project is 75.97%.

In this question, we are given the cash flows of a project that we need to calculate the net present value (NPV) and internal rate of return (IRR) for. NPV is the sum of present values of all cash inflows and outflows that occur during a project. IRR is the discount rate that equates the present value of all cash inflows to the present value of all cash outflows.Using the given cash flows, we can calculate the net present value of the project for different discount rates as follows:Discount rate       Net present value0%        $16,98050%        $450100%        $-5,100The formula used to calculate the net present value is:NPV = C0 + C1 / (1 + r) + C2 / (1 + r)²where C0, C1, and C2 are the cash flows of year 0, year 1, and year 2, respectively and r is the discount rate.Now, to calculate the IRR of the project, we need to find out the rate at which the NPV of the project is equal to zero. For this, we can use the formula:0 = C0 + C1 / (1 + IRR) + C2 / (1 + IRR)²where C0, C1, and C2 are the cash flows of year 0, year 1, and year 2, respectively and IRR is the internal rate of return of the project.

On the other hand, the internal rate of return (IRR) of a project is the discount rate that equates the present value of cash inflows to the present value of cash outflows. To calculate the IRR, we need to find out the rate at which the NPV of the project is equal to zero. We can use the formula: 0 = C0 + C1 / (1 + IRR) + C2 / (1 + IRR)² where C0, C1, and C2 are the cash flows of year 0, year 1, and year 2, respectively, and IRR is the internal rate of return of the project. By solving this equation, we can find the internal rate of return of the project, which in this case is 75.97%.

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Please help me!

I need the company name of every logo here

Please help me!I need the company name of every logo here

Answers

Answer: I only know a little more than half of them but yeah here ya go

Going left to right:

2: BP (oil)

4: Apple

5: Honda

6: Shell (oil)

8: Chanel

11: playboy

13: bank of america

16: American eagle outfitters

17: Panther

18: NBC news

28: Starbucks

29:Aussie (Kangaroo)

30: McDonalds

34: Wikipedia

39: T-Mobile

46:Red bull

48: Windows

61: Adidas

63: Monster energy drinks

64: Hannaford

66: Moto

68:pringles

Last one: pepsi

Explanation:

The labor demand curve shows how many workers the firm is willing to hire Group of answer choices at any given wage. into high-skill jobs. at a particular amount of labor supplied. when demand for the firm's output is low. at any particular time.

Answers

Answer:

at any given wage

Explanation:

The labour demand curve shows the number of workers that a firm is willing to hire at a given wage rate. The higher the wage, the lower the quantity of labour demanded and the lower the wage, the higher the number of workers hired. For this reason, the labour demand curve is downward sloping

Please check the attached image for a graph showing the labour demand curve

The labor demand curve shows how many workers the firm is willing to hire Group of answer choices at

true or false. a production possibilities frontier identifies combinations of two goods that can be produced with given resources and technology.

Answers

A production possibilities frontier identifies combinations of two goods that can be produced with given resources and technology. This statement is true.

A production possibility frontier (PPF) or production possibility curve (PPC) represents or depicts the many production possibilities of two items that a firm or country can achieve using the same amount of inputs.

The Production Possibilities Frontier (PPF) is a graph that depicts all of the possible output combinations of two items that can be produced utilizing available resources and technology. Scarcity, choice, and tradeoffs are all represented in the PPF.

The PPF's form is determined by whether the expenses are increasing, decreasing, or stable.

Points on the PPF represent output combinations that are productively efficient. Without knowing preferences, we cannot identify which sites are allocatively efficient.

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Write a suitable indefinite article before the following words or phrases and write

them again. (Copy the questions)

___heirloom ___astronomer

___ewe ___hotel employee

___honest man ___advocate

___one eyed dog ___awkward moment

___awesome picture ___European tourist

___incompetent employee ___auspicious moment

___humane person ___MLA

___horrible joke ___M. A student​

Answers

Answer:

An heirloom,  An astronomer

A ewe, A hotel employee

An honest man, An advocate

A one-eyed dog, An awkward moment

An awesome picture, A European tourist

An incompetent employee,  An auspicious moment

A humane person,  An MLA

A horrible joke, An M. A student​

Explanation:

'A', 'an' and 'the' are the three articles that are used in English. They are used before nouns to specify them. 'A' and 'an' are indefinite articles and 'the' is the definite article. The indefinite article is used before the nouns which are not known or which are not identified. The definite articles are used before the identified noun. The indefinite article 'a' is used before the nouns that begin with a consonant sound. The indefinite article 'an' is used before the nouns that begin with a vowel sound.

Write a generalization about the relationship between price and the quantity supplied

Answers

Answer:

PRICE CHANGES

Price and quantity supplied are directly related. As price goes down, the quantity supplied decreases; as the price goes up, quantity supplied increases. Price changes cause changes in quantity supplied represented by movements along the supply curve.

The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even

Answers

Answer:

The correct answer is "2000 units".

Explanation:

Given:

Fixed cost,

F = $50,000

Variable cost,

VC = $100 per unit

Price,

P = $125 per unit

Let the units to be sold be "x".

Throughout the case of breakeven,

⇒ \(Total \ revenue=Total \ cost\)

⇒                \(125x=50000+100x\)

On subtracting "100x" from both sides,

⇒    \(125x-100x=50000+100x-125x\)

⇒                  \(25x=50000\)

⇒                      \(x=\frac{50000}{25}\)

⇒                         \(=2000 \ units\)

an account that earns ___ interest will result in a higher annual percentage yield

Answers

Answer:

The annual percentage yield (APY) is paid to a depositor by a financial institution. The percentage is based on the existing amount after a certain period. If the owner of saving account choose not to take out the past interest revenue, the amount would be compounded for future years.

Answer:

The answer is C. Compound

Explanation:

I took the quiz :) your welcome <3

if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you have identified a leadership model.

Answers

Answer:

Behavioral

Explanation:

Explain how finance and accounting work together.

Answers

Answer:

Finance and accounting work together to help businesses manage their money and make informed financial decisions. Finance is concerned with the management of money and investments, while accounting is concerned with the recording, summarizing, and reporting of financial transactions.

Accounting provides the financial information that finance professionals need to make decisions about things like investing, budgeting, and forecasting. Accounting records and tracks financial transactions, and produces financial statements like balance sheets and income statements.

Finance professionals use this information to make decisions about how to allocate resources, invest money, and manage risk. They may also be involved in managing the company's cash flow, analyzing financial data to identify trends and opportunities, and developing financial strategies to help the company achieve its goals.

In summary, accounting provides the data and information that finance professionals use to make informed decisions about how to manage the company's money, while finance is responsible for using that information to make strategic decisions about the company's financial future.Finance and accounting work together to help businesses manage their money and make informed financial decisions. Finance is concerned with the management of money and investments, while accounting is concerned with the recording, summarizing, and reporting of financial transactions.

Accounting provides the financial information that finance professionals need to make decisions about things like investing, budgeting, and forecasting. Accounting records and tracks financial transactions, and produces financial statements like balance sheets and income statements.

Finance professionals use this information to make decisions about how to allocate resources, invest money, and manage risk. They may also be involved in managing the company's cash flow, analyzing financial data to identify trends and opportunities, and developing financial strategies to help the company achieve its goals.

In summary, accounting provides the data and information that finance professionals use to make informed decisions about how to manage the company's money, while finance is responsible for using that information to make strategic decisions about the company's financial future.

In organizational behaviour explain different ways to motivate
employees.

Answers

There are various ways to motivate employees in organizational behavior's. Motivation is a process of making a person do something willingly. It is a driving force that encourages people to take actions, perform a job with enthusiasm, and achieve goals.

The following are some of the ways to motivate employees: Provide positive reinforcement: One of the simplest ways to motivate employees is to give them positive feedback. When an employee performs well, managers should recognize their hard work and accomplishments. This will encourage them to work harder and increase their productivity. Set clear expectations and goals: Employees need to have a clear understanding of their job responsibilities and what is expected of them. Setting clear expectations and goals will help employees understand what they need to do and how to accomplish it. This will also help them to focus on their tasks and achieve their goals. Offer career development opportunities: Employees want to grow and develop their careers. Managers should offer career development opportunities such as training and education programs, job rotations, and coaching. This will motivate employees to perform well and achieve their career goals. Provide job security: Job security is an important motivator for employees.

Managers should create a work environment where employees feel secure and valued. This will reduce turnover rates and increase employee retention. Provide a fair compensation package: Employees need to be fairly compensated for their work. Managers should provide a fair and competitive compensation package that includes salary, benefits, and incentives.

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a method used to determine the value of a stock by analyzing the earnings prospects while considering the business environment in which the company operates is called .

Answers

Fundamental analysis is a process for estimating a stock's worth that takes into account both the company's operating environment and its earnings potential.

How do you define fundamental analysis?

The intrinsic value of a security is determined using fundamental analysis (FA), which considers pertinent economic and financial factors. The intrinsic value of an investment is influenced by the issuing company's financial standing as well as the overall market and economic environment.

Fundamental analysts look at all potential influences on a security's value, including microeconomic elements like managerial efficiency and macroeconomic factors like the status of the economy and market circumstances.

The ultimate objective is to arrive at a figure that an investor can use to gauge whether an asset is being undervalued or overvalued by other investors by contrasting it with its present price.

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Sally is a cellist in a string quartet. She buys products such as rosin and top-of-the line strings for her cello online from a purveyor of products for musical instruments. The online vendor has given Sally's information to other online suppliers. Now, Sally has received online notification about a new cello case that would fit her needs offered online by a German company. This example shows that _______.
a. the use of real-time big data has provided new ways of reaching customers
b. the use of real-time big data has not provided new ways of reaching customers
c. Sally would be better off visiting the music store to fill her needs
d. market segmentation offers fewer opportunities to market products

Answers

The example shows that "the use of real-time big data has provided new ways of reaching customers."

Real-time big data refers to the process of analyzing and generating data that is generated by a user's actions when they interact with a website or an application in real-time. In other words, it means collecting, analyzing, and processing massive amounts of data quickly enough to influence decisions or actions in real-time.

Sally is a cellist in a string quartet. She purchases items such as rosin and high-quality strings for her cello online from a supplier of musical instrument products. Sally's information has been given to other online providers by the online retailer. Now, Sally has received online notification from a German company about a new cello case that would fit her needs. The above scenario demonstrates that the use of real-time big data has provided new ways of reaching customers, as well as new strategies to build loyalty and upsell to existing clients.

Hence, the correct option is: the use of real-time big data has provided new ways of reaching customers.

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which of the following is not a characteristic of services? part 2 a. standardized product b. intangible c. produced and consumed simultaneously d. unique

Answers

The answer to the question is the following :Option A (Standardized product) is not a characteristic of services. It refers to the fact that a service can be customised to meet the specific needs of a customer and that it can be delivered in a variety of ways.

Services are characterized by several characteristics. The five most common characteristics of services are as follows:

1. Intangibility2. Perishability3. Variability4. Inseparability5. Non-ownership of servicesStandardized product, on the other hand, is not a characteristic of services. A service can be tailored to meet the specific needs of a customer. It is delivered in a variety of ways.

A service is generally provided in a highly customized manner, which is tailored to the specific needs of the customer. The customization of a service is one of its most important attributes, as it allows the provider to meet the specific needs of the customer.

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with the aid of industry and individual producer graphs explain how the long run equilibrium in perfect market will be achieved when an economic loss was made in the short run​

Answers

In a perfectly competitive market, the long-run equilibrium is achieved through the process of entry and exit of firms. When an economic loss is incurred by individual producers in the short run, it signals an imbalance between the market price and the average total cost of production.

When individual producers experience economic losses, some firms will choose to exit the market in the long run. This exit occurs because firms are unable to cover their costs and generate profits. As a result, the supply in the market decreases, shifting the supply curve to the left. The reduction in supply leads to a decrease in the quantity of goods or services available in the market, which in turn puts upward pressure on prices.

As prices rise, the remaining producers who were able to operate at a lower cost may start to earn economic profits. This attracts new firms to enter the market, anticipating the opportunity to make profits. The entry of new firms increases the supply in the market, shifting the supply curve to the right.

The increased supply eventually leads to a decrease in prices, as competition intensifies among producers. This process continues until a long-run equilibrium is reached, where the market price equals the average total cost of production for each firm.

Graphically, this adjustment is represented by the shifting of the supply curve to the left in the short run due to firm exits, followed by a subsequent shift to the right in the long run due to new firm entries. The new long-run equilibrium occurs at the intersection of the demand and supply curves, where price equals average total cost, ensuring that firms earn zero economic profit.

Overall, the long-run equilibrium in a perfect market is achieved through the exit and entry of firms in response to economic losses or profits, respectively, leading to price adjustments and the restoration of equilibrium.

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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?

Answers

Answer:

This would observation, which is something most readers should be able to do

Explanation:

Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?

Answers

a. Greyhound bus system

Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.

This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick

Answers

Answer:

Shortage

Explanation:

I got it correct because I watched the given recording.

Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".

Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.

Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.

Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.

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Find a news report of a liability claim that one person (or entity) has made against another this year.
What is the url link to the report?
Describe the situation in your own words.
What type of liability does this fall under? Explain.
Would any of the defenses that we discussed in this unit be applicable to this situation? If so, which ones, if not, explain why.

Answers

Example situation:

In a recent news report, Person A has filed a liability claim against Company B for injuries sustained in a car accident. The accident occurred when a Company B delivery vehicle collided with Person A's car at an intersection. Person A claims that the accident was due to the negligence of the Company B driver, resulting in physical injuries and property damage.

Type of liability:

This situation falls under the category of "tort liability." Tort liability refers to a civil wrong or injury caused by one party to another, resulting in legal liability for the responsible party.

Applicability of defenses:

The applicability of defenses in this situation would depend on the specific circumstances, jurisdiction, and applicable laws. Here are a few defenses commonly used in liability claims:

1. Contributory negligence: If Person A is found to have contributed to the accident through their own negligence, it may impact their ability to recover damages or reduce the amount they can claim.

2. Comparative negligence: Some jurisdictions follow the principle of comparative negligence, which means that both parties' negligence is considered, and the damages awarded are proportionally reduced based on each party's degree of fault.

3. Assumption of risk: If Person A voluntarily assumed a known risk associated with the situation, such as engaging in a dangerous activity, Company B might argue that Person A knowingly accepted the risk and therefore cannot hold them fully liable.

4. Statute of limitations: If the claim was filed beyond the statute of limitations specified by the relevant laws, Company B may argue that the claim is time-barred and should be dismissed.

It's important to note that the specific application of defenses would depend on the jurisdiction and the facts of the case. Consulting a legal professional would be necessary to determine the applicable defenses in a real-life scenario.

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Explain any four points to be
consired while conducting a business​

Answers

Answer: See explanation

Explanation:

The things to consider while conducting a business include:

a. Business idea: The main thing to consider when conducting a business is to have a business idea. One has to come up with an idea there unique and would make he or she standout from others. The business idea should be able to solve the challenges that people face with regards to a certain issue.

b. Location: Another factor is location. When conducting a business, it is important to set it up in a location that can be easily accessible for the people. Also, a location close to the market and nearer to the raw materials used for the production process should be chosen.

c. Finance: Without the required funds, no business can be set up. Therefore, it's important for one to have the funds ready to start the business. This can be from personal savings, loans etc.

d. Competition: It is vital for one to know his or her competitors and how ones business can stand out from others.

Which nims management characteristic refers to the number of subordinates.

Answers

Refer to the Numder of this question add with the second number hope this helps.

What happens to the total expenditures for a product with elastic demand when its price goes up?

Answers

Answer:

Elasticity is more than One (Ed > 1): When demand is elastic, a fall in the price of a commodity results in increase in total expenditure on it. On the other hand, when price increases, total expenditure decreases. It means, in case of highly elastic demand, price and total expenditure move in the opposite directions.

Explanation:

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The recording of the jobs shipped and customers billed would include a debit to:
A) Cost of Goods Sold
B) Cash
C) Finished Goods
D) Accounts Payable

Answers

The recording of the jobs shipped and customers billed would include a debit to: C) Finished Goods.

When jobs are shipped and customers are billed, it indicates that the products or services have been delivered to the customers. In accounting, this transaction is recorded by debiting the appropriate account.

In this case, the appropriate account to be debited would be Finished Goods. Finished Goods is an inventory account that represents the cost of completed products that are ready to be sold.

By debiting Finished Goods, the accounting entry recognizes the reduction in the inventory of finished goods as they are shipped and transferred to customers.

It's important to note that the specific account to be debited may vary depending on the company's accounting system and practices. However, in the given options, the most relevant account for recording the shipment and billing of jobs would be Finished Goods.

The recording of the jobs shipped and customers billed would involve a debit to the Finished Goods account.

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What is different about the distribution commonly pursued by aggressive investors relative to the distribution pursued by conservative investors? (HINT: Think about kurtosis.)
a) Aggressive investors have a distribution whose average is always above zero.
b) Aggressive investors have a distribution that is taller than a conservative investor.
c) Aggressive investors have a distribution with thinner tails than a conservative investor.

Answers

The correct answer is c) Aggressive investors have a distribution with thinner tails than a conservative investor.

Kurtosis is a statistical measure that indicates the shape of a distribution's tails. A distribution with high kurtosis has fat tails, which means it has more extreme values, both on the positive and negative side of the distribution. In contrast, a distribution with low kurtosis has thin tails, meaning it has fewer extreme values.

Aggressive investors typically pursue investments that have a higher risk and potentially higher returns, which means their investment distribution tends to have higher variability in returns. As a result, their investment distribution typically has a higher kurtosis and fatter tails than a conservative investor's distribution.

On the other hand, conservative investors typically pursue investments that have lower risk and lower returns, which means their investment distribution tends to have lower variability in returns. Consequently, their investment distribution typically has a lower kurtosis and thinner tails than an aggressive investor's distribution.

Therefore, the distribution commonly pursued by aggressive investors is different from the distribution pursued by conservative investors in that aggressive investors have a distribution with thinner tails, while conservative investors have a distribution with fatter tails.

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What are the limits to economic freedom in a private enterprise system?

Answers

Answer:

crime

Explanation:

stay away from something for nothing

it has brought slavery to theft

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