The total property tax bills that are mailed to taxpayers are $200,000. And, 97% of them are deemed collectible. Now, we need to calculate the amount that should be recorded as revenue. Let's proceed with the solution.
How to calculate revenue? Revenue is the income that a company earns from its normal business activities, usually from the sale of goods and services. It is calculated as the amount of money a business earns before any expenses are taken out. Formula to calculate revenue is: Revenue = Total amount of goods sold x Price per unit Let's calculate the revenue for the given scenario: Total Property Tax Bills mailed = $200,00097% of the bills are collectible
Therefore, the total amount collectible = 97/100 * $200,000= $194,000Now, this amount should be recorded as revenue. Therefore, the amount recorded as revenue is $194,000. This solution is written in 117 words. You may modify it to reach the desired length of 150 words.
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A company introduces a new technology product to the market. it sets the product’s price at the highest price it thinks customers will pay. Which type of pricing strategy is the company using?
A company introduces a new technology product to the market. it sets the product’s price at the highest price it thinks customers will pay. the type of pricing strategy is the company using is
skim pricingWhat is pricing strategy?
Price is the value assigned to a good or service and is determined by a complicated series of calculations, research, and risk-taking skills.
A pricing strategy considers factors such as market conditions, consumer willingness to pay, competition activity, trade margins, and input costs, among others. Target audiences include the specified clients and rival businesses.
Depending on the industry and business model at hand, many pricing models are often utilized, including value-based, competitor-based, cost-plus, and dynamic pricing.
Skimming is a pricing technique that involves setting initial product prices high and then lowering them as competitors enter the market. Penetration pricing is the reverse of skim pricing.
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onomics-CPB 2020
Match each occupation with its 2016 employment number, as listed in the previous article.
3,452,200
Office Clerks
4,602,500
Registered Nurses
3,555,500
General Combined Food Preparation and
Serving Workers, Including Fast Food
2,955,200
Cashiers
3,117,700
Retail Salespersons
Correct
Intro
Final
Answer:
Cashiers - 3,550,500
Retail - 4,602,500
Office Clerks - 3,117,700
General Combine Foods - 3,452,200
Registered Nurses - 2,955,200
Explanation:
I just took it and got them right
Answer:
Cashiers - 3,550,500
Retail - 4,602,500
Office Clerks - 3,117,700
General Combine Foods - 3,452,200
Registered Nurses - 2,955,200
Explanation:
I just took it and got them right
A customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts. What are three ways to respond?.
It should be noted that the rogue vc-turbo engine is reliable because:
It improves acceleration.It economizes fuel.It improves performance regarding emissions.Importance of the turbo engineIt should be noted that VC-Turbo technologies have evolved with a focus on improving performance in major areas such as acceleration, fuel economy as well as emissions.
In a situation where a customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts, the customer should be informed that it is reliable as it enhances acceleration and fuel economy.
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Which of the following is not a step in the marketing research process?
O a. Estimate sales
O b. Interpret the information
O c. Make a preliminary investigation
O d. Gather factual information
The correct answer is option (a) Estimate sales.
The practice of assessing the viability of a new good or service through interviews with prospective customers is known as market research. With the aid of this technique, businesses and organizations may identify their target market, gather and record customer feedback, and arrive at well-informed conclusions.
In a marketing research process, it includes only the steps involving the study of the market and interpreting information based on that.
In the given question, a market research process always includes the steps like gathering factual information, making a preliminary investigation and interpreting the information that was achieved through the market study. But, in a market research process, there is no work of sale estimation. Sales estimation is an end process and marketing research is a beginning process. Sales value may fluctuate and to derive a correct sales estimation, there needs to be a proper marketing research.
Therefore, estimating sales is not a part of a marketing process, hence, option (a) is the correct answer for this question.
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Using CVM, we would like to evaluate the policy effect of reducing the number of fine dust generation days in the metropolitan area to about 2/5 of the current amount. As a result of estimating the model, the WTP is as follows.
WTP=0.057+0.2edu+0.12y-0.14cost+e
WTP is the amount of intention to pay, edu is the level of education, y is the income, cost is the amount of payment for atmospheric improvement, and e is the error term.
In the analysis results, can it be said that those with a high education level have a higher willingness to pay for waiting improvement than those with a lower education level?
CVM stands for Contingent Valuation Method. It is a survey-based technique used to elicit individuals' willingness to pay (WTP) for an environmental good or service. CVM is one of the most frequently used methods for assessing non-market values of the environment.
In the given problem, we have a model WTP = 0.057 + 0.2 edu + 0.12 y - 0.14 cost + e where WTP is the willingness to pay, edu is the education level, y is the income, cost is the amount paid for atmospheric improvement, and e is the error term.The coefficients of the variables indicate the marginal willingness to pay for one-unit increase in the variable. For instance, if edu increases by one unit, the willingness to pay will increase by 0.2 units.
Similarly, if cost increases by one unit, the willingness to pay will decrease by 0.14 units.To answer the question: Can it be said that those with a high education level have a higher willingness to pay for waiting improvement than those with a lower education level?Yes, based on the given model, it can be said that those with a high education level have a higher willingness to pay for waiting improvement than those with a lower education level. The coefficient of edu is 0.2, which means that a one-unit increase in edu leads to a 0.2 unit increase in willingness to pay.
Since the other variables are held constant, the education level is the only factor affecting willingness to pay. Hence, individuals with higher education levels will have a higher WTP than those with lower education levels.
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Differentiate among the following.
a. full warranty:
b. limited warranty:
c. implied warranty:
the rate of inflation in zimbabwe rose in 2018 from 10.6% to 577.21% in 2020. what was the positive effect of this unexpected inflation on the residents of the country? group of answer choices
A small but positive inflation rate makes economic sense, but high inflation tends to be self-sufficient and hinder the long-term performance of the economy.
Who benefits from inflation?
Collector. Historically, collectibles such as fine art, wine, and baseball cards can benefit during periods of inflation when the dollar loses purchasing power. When inflation is high, investors often look to real assets that are more likely to retain value through market volatility.
Who Does Inflation Hurt Most?
In 8 out of 17 countries, low-income groups, whose consumption baskets consist primarily of basic necessities, are most affected by price increases. The poorest households experienced 2-5 percentage points higher price increases than the richest.
What are the three main causes of inflation?
There are three main causes of inflation:
Demand-pull inflation, cost-push inflation, built-in inflation. Demand-pull inflation is when not enough products or services are produced to keep up with demand, causing prices to rise.
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beau, a fashion design company, organizes an online contest. participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. based on those votes, beau will announce the winner and offer that individual a job at its firm. in this scenario, beau is involved in . group of answer choices brandjacking recruitment blogging crowdsourcing
In this scenario, Beau is involved in crowdsourcing. Thus, option D is correct.
Crowdsourcing is the process of gathering work, knowledge, or views from a sizable number of individuals who contribute their information online, on social media, or through mobile apps.
Some participants in crowdsourcing carry out modest chores freely, while others occasionally work as paid freelancers. For instance, traffic applications like Waze encourage users to self-report accidents and other occurrences on the road so that users may get real-time, updated information.
Crowdsourcing enables businesses to access a wide range of talents and knowledge without paying the typical overhead expenditures of in-house staff by allowing corporations to farm out work to people anywhere in the nation or the world.
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Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase
Here, the FIFO method's gross profit will be 19100, the LIFO method's gross profit will be 17980, the Avg cost method's gross profit will be 18652, and the Specific ID method's gross profit will be 18360.
First in, first out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. According to theory, the older stock is sent to clients before the newer stock.
The LIFO approach is predicated on the idea that the most recent items added to a company's inventory have already been sold. The computation was done using the purchase prices of these current goods.
A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold.
Particulars FIFO LIFO Avg cost Spec. ID
Sales 50900 50900 50900 50900
Cost of goods sold 31800 32920 32248 32540
Gross Profit 19100 17980 18652 18360
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(e) Choose the gerund form of the verb from the following.
(1) swim (ii) swimmer (ii) swam
(iv) swimming
Answer:
I believe the answer is swimming. I apologize if it is not. I hope this helped a little.
what describes initial public offering?
Answer:
refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Explanation:
What are the legal requirements owners should fulfill before forming a corporation
The legal requirements that owners should fulfill before forming a corporation are:
Owners should meet the state statutory needs. Owners should register the name and articles of incorporation.What is a Business Corporation?This refers to the business structure that operates as a separate entity that has shareholders and board of directors.
Hence, we can see that based on the legal requirements of starting a business corporation, the need to meet the state statutory needs and also register the name and article of the incorporation.
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I need long paragraph defines a problem statement and technical and non technical challenges in online auction app project
thank you
The creation of an online auction app is a complex procedure that necessitates carefully taking into account both technological and non-technical difficulties.
In today's digital age, online auction programmes are growing more and more popular, giving people and businesses the chance to buy and sell goods and services through online bidding. However, there are several technical and non-technical difficulties in creating a trustworthy and efficient online auction platform. Assuring the security and dependability of the programme itself is one of the key technological issues encountered in the development of online auction apps. To safeguard user data and thwart hacking efforts, this calls for the use of strong security mechanisms including encryption, firewalls, and secure data storage protocols.
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Productivity, dependability, and responsibility are examples of skills that managers look for when determining who to promote within a company. Evaluate these three skills and another one or two that you come up with and explain how each skill could be helpful for an employee looking to get a promotion.
A dependable employee is an incredible asset to a company, as they make great coworkers, can be trusted to do their jobs. Productivity and responsibility are important aspects for the promotion.
What is a dependable employee?A dependable employee is a fantastic addition to a company because they make excellent teammates, can be trusted to execute their tasks without micromanagement, and empower others to accomplish their jobs effectively. As a result, being recognized as a dependable employee can help you stand out as an attractive prospect.
Every organization wants a productive employee who is responsible for the success of the organization as well as for his personal gains.
Being reliable implies doing what you say you'll do, when you say you'll do it. A reliable individual fosters trust by keeping himself/herself accountable and, if they lead others, their team members accountable as well.
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Hal has just graduated from four years of college. For the last two years, he took out a Stafford loan to pay for his tuition. Each loan had a duration of ten years and interest compounded monthly, and Hal will pay each of them back by making monthly payments, starting as he graduates. Hal’s loans are detailed in the table below. Year Loan Amount ($) Interest Rate (%) Subsidized? Junior 4,048 5. 9 N Senior 5,295 7. 6 Y Once all of his loans are paid off, what will Hal’s total lifetime cost be? Round all dollar values to the nearest cent. A. $9,023. 28 b. $8,467. 20 c. $11,498. 40 d. $13,615. 20.
Answer: The answer is D, $13,615.
One of the keys to gaining self-esteem is to a. Hold yourself to impossible standards b. Focus on the mistakes you make C. Enjoy the small success you achieve d. Worry about failing and looking foolish
Answer:
C. Enjoy the small success you achieve
Explanation:
A sure way of boosting self-esteem is to be nice to once self. One should focus on their positive side by appreciating who they are and their success so far. Comparing oneself with others may not achieve the desired results.
Success brings satisfaction and joy to all of us. Focusing on the little success that one has will uplift their spirits and boost self-esteem.
Answer:
c
Explanation:
taking the test rn
Economics!!
Which development would most likely reduce the standard of living in the
United States?
A. Wages increase for most American workers.
B. The U.S. government returns to the gold standard.
C. It becomes easier for U.S. citizens to get health care.
D. U.S. factories begin to
produce far fewer goods.
It's D. U.S. factories begin to
produce far fewer goods.
Which of the following is the best example of a new business that you would see in the economy today?
Multiple Choice
A - Glass manufacturing plant
B -Smartphone production facility
C - Oil refinery
D -Grocery store
E-Subscription-based meal-kit service
Out of all the given options, there is one business that stands out as something most people might not have even heard of.
This unique and novel business is E. Subscription-based meal-kit service.
Glass manufacturing, oil refinery, grocery store businesses have been operating for the longest time. Smartphone production has also existed for 30 years now.
For the past few years, with the rise of tech industries and tech jobs, urbanites are finding it hard to cook meals and had started eating out or dining at restaurants more often.
Seeing this as an opportunity to serve busy people home-cooked meals, many chefs and food businesses have started something called a cloud kitchen where you simply pay a one-time subscription to get a whole week or even a month's meals.
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what is an effective counter against the argument that international trade should be restricted to protect domestic jobs?
An effective counter against the argument that international trade should be restricted to protect domestic jobs is to emphasize the overall benefits of free trade and its positive impact on the economy. Here are some key points to consider:
1. Economic Growth: Free trade allows for increased market access and opportunities for businesses to expand globally. It promotes economic growth by enabling businesses to reach larger customer bases, leading to increased production, investment, and job creation. The overall economic growth resulting from free trade can offset any potential short-term job displacements.
2. Comparative Advantage: Free trade allows countries to specialize in producing goods and services in which they have a comparative advantage, meaning they can produce at a lower opportunity cost. By focusing on producing goods and services they are most efficient at, countries can achieve higher productivity and competitiveness, leading to improved overall economic performance.
3. Consumer Benefits: Trade restrictions, such as tariffs or quotas, can increase the prices of imported goods, limiting consumer choices and reducing purchasing power. Free trade promotes competition, which often leads to lower prices, a wider variety of goods and services, and improved quality for consumers. Access to cheaper imports can enhance living standards and increase the overall well-being of consumers.
4. Job Creation and Industries of the Future: While trade may lead to job displacements in certain industries, it also creates new job opportunities in industries that benefit from international trade. Emphasize the potential for job creation in industries that rely on exports or industries that emerge as a result of global market integration. Encouraging investment and innovation in these industries can foster long-term job growth and a more dynamic economy.
5. Retaliation and Economic Consequences: Imposing trade restrictions can lead to retaliatory measures from trading partners, potentially escalating trade tensions and harming domestic industries that rely on exports. Engaging in open and fair trade can help maintain positive trade relationships and avoid unnecessary disruptions to the economy.
It is important to acknowledge and address the concerns of those who fear job losses due to international trade. Measures such as providing assistance and support for affected workers through retraining programs, education, and social safety nets can help alleviate the short-term impacts and ensure a smoother transition to new job opportunities.
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Use the data in the tables to answer the question that follows. Market Price of Output Quantity Supplied of Output Quantity Demanded of Output $5 25,000 60,000 $10 50,000 50,000 $15 75,000 40,000 $20 100,000 30,000 $25 125,000 20,000 Firm Quantity of Labor Total Product 0 0 15 100 30 190 45 265 60 325 What is the marginal revenue product of the 30th unit of labor, assuming this market is perfectly competitive in both the factor and output markets
Based on the market price, the quantity of labor, and the change in output, the marginal revenue product of the 30th unit of labor is $56.70.
How can we find the marginal revenue product?First find the marginal product of labor as:
= (Change in units produced) / Change in labor quantity
= (190 - 105) / (30 - 15)
= 5.67 units
The market price is the price at which quantity demanded is equal to quantity supplied which is $10.
The marginal revenue product is:
= Marginal product of labor x Price
= 5.67 x 10
= $56.70
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How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answer:
What????..............
"Question 31When under pressure, whether due to time, cost, oravailability of information, managers often made ______decisions.A. maximizingB. minimizingC. rationalizingD. satisfice"
When under pressure, whether due to time, cost, or availability of information, managers often made satisfice decisions. Answer is option D.
In decision-making, satisfice is a heuristic, a rule of thumb, a mental shortcut, or a practical method that allows an individual to promptly select the option that is satisfactory or "good enough." Managers often make decisions that aren't ideal due to a lack of information, time, or resources, and they frequently resort to satisficing.
Decision-making is a crucial component of management. Managers make decisions on a daily basis that have far-reaching consequences for their organization's future. However, several factors, such as a lack of data, time constraints, or budget restrictions, may prevent managers from making the best decision.
Satisficing is a form of decision-making that results in selecting the first option that appears to be adequate to solve the problem or fulfill the requirement. Answer is option D.
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Subsidized and Unsubsidized loans begin to accrue interest as soon as they are disbursed. The interest that accrues on ____ loans while the borrower is enrolled at least half time is paid by the U.S. Department of Education. The borrower is solely responsible for paying ALL of the interest that accrues on ___ loans.
Answer:
subsidized, unsubsidized
Explanation:
A subsidized loan is a loan that is given to undergraduates student that need financial help. It is determined by the cost of attendance minus family contribution. It usually does not accrue any interests at half time or when studies are deferred. Most times part of the interest that accrues from the loan is paid by the Ministry of Education.
An unsubsidized loan on the other hand is one that is given out at undergraduates without resources. This type of loan accrues interests immediately and is to be paid by the students.
Cheers
Does anyone have a perfect competition business example?
Answer:
Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.
Explanation:
I will mark you as brainliest!!
What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
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What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
can
someone help with this related to dentistry?
what methods that can be used for filing patient
information?
what is the role of an inventory manager?
what is the purpose for managing accounts re
Methods that can be used for filing patient information in dentistry include electronic health records (EHRs), paper-based files, and dental practice management software. Each method has its advantages and considerations regarding confidentiality, accessibility, and ease of use.
The role of an inventory manager in dentistry is to oversee the procurement, storage, and distribution of dental supplies, equipment, and materials. They are responsible for maintaining optimal inventory levels, tracking usage, managing vendor relationships, and ensuring cost-effective inventory management practices. The purpose of managing accounts receivable in dentistry is to ensure timely and accurate billing and collection of payments from patients and insurance providers. This involves verifying insurance coverage, submitting claims, following up on outstanding payments, and implementing strategies to minimize accounts receivable aging and improve cash flow for the dental practice.
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How to create a spreadsheet to help make a buy-versus-lease decision about the servers for your organization?
The main advantage of leasing a business facility is that you frequently have to make a smaller initial financial commitment than you would if you were to purchase the asset.
The largest advantage of buying, though, might be that you spend less money overall than you would have if you had leased the property. Furthermore, if you purchase, you will benefit from any rises in the asset's value.
long-term consequences of the decision. If you are a new business owner choosing between buying or leasing a facility, you could have a tendency to concentrate on the near future, such as the first year cash flow forecasts that would arise from either of these options.
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in the indirect method of cash flows, which of the following would be added to net income?
a. a decrease in sales tax payable
b. an increase in inventory
c. a decrease in supplies
d. an increase in prepaid rent
Answer:
C. A decrease in suppliesExplanation:
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PLEASE, In a paragraph of 150 words, Reflect on the critical thinking process and the steps involved. Discuss how this knowledge can or has helped you in your life and/ or your career?
For example, what do you think of the process? What did you learn from the process? Could it bring value to making decisions in your life or career? Would you use it in the future? Would you use it, or parts of it, in your everyday life? Have you used it in your everyday life? Do not write about the case itself, the decision you reached, or what you thought should or should not have happened relating to the case.
The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision.
How the critical thinking process helps meThe critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions.
Personally, I find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions.
Additionally, by applying critical thinking to everyday situations, I am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker, and has provided me with a framework for making better decisions in all areas of my life.
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