in its first year of operations, cloudbox has credit sales of $240000. its year-end balance in accounts receivable is $14000, and the company estimates that $3500of its accounts receivable is uncollectible a. Prepare the year-end adjusting entry to estimate bad debts expense. b. Prepare the current assets section of Cloudbox's classified balance sheet assuming Inventory is $32,000, Cash is $24,000, and Prepaid Rent is $4,000. Note: The company reports Accounts receivable, net on the balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the current assets section of Cloudbox's classified balance sheet assuming Inventory is $32,000, Cash is $24,000, and Prepaid Rent is $4,000. Note: The company reports Accounts receivable, net on the balance sheet. CLOUDBOX Balance Sheet Assets Current assets Cash Accounts receivable, net Inventory Prepaid rent $ 24,000 32,000 4,000 Total current assets $ 60,000 < Required A Required B

Answer:

The expansion occurs during times of economic stimulation, where there is a rise in employment, followed by consumer confidence and discretionary spending. The phase is also known as economic recovery.

Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. Industrial goods are bought and used for industrial and business use.

One method of categorizing items is by who the target consumer or customer is. There is a significant contrast between goods and services meant for use by individuals and homes (consumer products) and goods and services designed for use by other enterprises ( industrial products). Products are categorized into four groups depending on customer behaviors, pricing, and product characteristics: convenience goods, shopping goods, specialist products, and unsought goods.

Learn more about Industrial goods

https://brainly.com/question/13701986

#SPJ1

It is false that while cost and management accounting reports can be used to comply with legal requirements, such as the tax filings, they are not typically produced and submitted solely for that purpose.

Tax filing refers to the process of submitting income tax returns to the government by individuals and businesses to report their income, deductions, and tax liability. Tax filing is required by law in most countries, including the United States, and failure to file taxes can result in penalties and fines. Typically, taxpayers are required to file their taxes on an annual basis, although some businesses may need to file quarterly or monthly. Tax filings are used by governments to assess how much tax an individual or business owes and to ensure compliance with tax laws. Taxpayers may be eligible for deductions and credits that can reduce their tax liability, and tax filings allow individuals and businesses to claim these benefits.

To learn more about tax filing, visit:

https://brainly.com/question/17281157

#SPJ1

Here is an example of a three-day activity log:

Day 1:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 2:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 3:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.

It's important to be honest and accurate while filling out the log to get the most benefit from it.

Read more about activity logs here:

https://brainly.com/question/8052360

#SPJ1

There could be several reasons why a winning scratch-off ticket might be declared invalid. Some possible reasons include:

The following demonstrate how a ticket could be invalid after winning:

1. The ticket was damaged or altered in some way, making it difficult for the lottery machine to read it correctly.

2. The ticket was purchased illegally, and therefore is not valid for redemption.

3. The ticket was a counterfeit, and therefore is not a legitimate winning ticket.

4. There was an error in the printing or distribution of the ticket, which resulted in it being declared invalid.

If you believe that you have a winning ticket that has been declared invalid, you should contact the lottery office for more information. They may be able to provide you with more information about why your ticket was declared invalid, and what steps you can take to resolve the issue.

Therefore, the correct answers are as given above

learn more about ticketing: https://brainly.com/question/25333829

#SPJ1

Answer:

cross-functional teams

Explanation:

Teams of workers from about the same organizational level, but different fields of employment, who come together to accomplish a mission. They are an efficient means of enabling individuals from different fields to share knowledge, to generate new ideas, to solve problems and to organize complex projects.

Answer:

b) Keynesian transmission mechanism when there is a liquidity trap.

Explanation:

Since the interest rate is so low, the public will have no incentive to deposit their cash into a bank or invest it in a company. This is a situation where the public will hold to their cash becasue they feel that a negative interest rate is possible. This type of situation could occur if the real interest rate is 0 and the public believes that the possibility of deflation exists and they will be better of by holding to their money.

Answer:

Instructions are below.

Explanation:

Giving the following information:

The variable cost is $60 per SSH and the fixed cost is $2,000,000 per year. The firm charges $100 for each service per hour. Assume the maximum hours the firm operates (that is the output) is 170,000 per year.

1) To calculate the break-even point, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 2,000,000/ (100 - 60)

Break-even point in units= 50,000 hours

2) %of hours= (50,000/170,000)*100= 29.41%

3) Fixed costs= $1,800,000

Break-even point in units= 1,800,000/40

Break-even point in units= 45,000 hours

The number of units required to cover for fixed costs diminished by 10%.

4) Selling price= $110

Break-even point in units= 2,000,000/(110 - 60)

Break-even point in units= 40,000 hours

The number of units required to cover for fixed costs diminished by 20%.

5) In generals terms, it is easier to increase the selling price compared to decreasing fixed costs. In this case, the best option is to increase the selling price. The effect on income and the break-even analysis is higher than decreasing fixed costs.

While the sales revenue of $960,000 is a crucial piece of information, it is only one component in assessing the financial performance of Haas Company.

Based on the provided information, it can be inferred that Haas Company manufactures and sells only one type of product. The total amount of sales revenue for this product is $960,000. However, this information alone is not sufficient to determine the profitability or financial health of the company.

In order to assess the financial performance of Haas Company, additional information such as the cost of goods sold, operating expenses, and net income is needed.

The cost of goods sold refers to the direct costs associated with the production and sale of the product. This includes materials, labor, and overhead expenses. By subtracting the cost of goods sold from the total sales revenue, the gross profit can be determined. The gross profit indicates the profitability of the product, before taking into account any operating expenses.

Operating expenses are the indirect costs associated with running the business, such as rent, utilities, salaries, and advertising. After subtracting the operating expenses from the gross profit, the net income can be determined. The net income represents the overall profitability of the company after all expenses have been accounted for.

For more such questions on, sales revenue :

https://brainly.com/question/3883694

#SPJ11

Answer:

Answer below

Explanation:

Income

Monthly income $60 ( the $15 per week * 4 the number of weeks in a month ).

Grandparents $30

Total income $90

Essential expenses ( fixed )

Bicycle tune up $20

Essential expenses ( variable )

New bike tire $5

Non-essential expenses

Game $50

Total expenses $75

Total savings $15

I REALLY HOPE THIS HELPED YOU

Due to the way they were taught, Generation Y really has a propensity to struggle with problem solving, failing, accepting and learning from errors, and having realistic expectations. Independence, accountability, and responsibility are all reduced.

What Every Manager Needs to Know About Managing Generation Y

The stereotypes about millennials include being too relaxed, impatient, and lazy. Employers of Generation Y workers say that these people have low standards for pay, a poor work ethic, and difficulty focusing and concentrating. They seem to be hopping jobs in an outrageous manner.

Learn more about educational experiences: https://brainly.com/question/28335089

#SPJ1

Price Mix 2 is recommended as the best pricing mix strategy. It includes three price tiers: a base sale price of $20,000, a mid-tier sale price of $25,000, and a fully-loaded sale price of $30,000.

The best pricing mix

This pricing mix caters to different customer segments by offering varying levels of features and benefits at different price points. It allows customers to choose a product based on their budget and desired features, increasing the likelihood of conversion and customer satisfaction.

The balanced pricing structure provides options for both price-sensitive customers and those willing to pay more for additional features. Overall, Price Mix 2 maximizes revenue potential by attracting a wider customer base and potentially facilitating upselling opportunities.

Read more on pricing mix here https://brainly.com/question/20927491

#SPJ1

The idea of employing a total person is demonstrated by John's hiring strategy.

The Total Person concept is a way of life that emphasizes goal-setting and action plans that take into account six crucial areas: family and home, financial and career, mental and education, physical and mental well-being, social and cultural diversity, and morality and ethics. In this individualized Plan of Action, self-evaluations are used to help people determine their values, set priorities, and set goals. These efforts enable the individuals in your business to establish equilibrium in all six spheres of existence. People who attain that balance are happier and more productive, according to study, and when everyone is more productive, your organization as a whole performs better.

To learn more about hiring strategy from

brainly.com/question/30096628

#SPJ4

Answer:

b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined

Explanation:

This can be easily understood by going through some calculations in a spending multiplier formula.

WORKINGS

The formula for Spending Multiplier = \(\frac{1}{MPS}\)

Spending Multiplier

Economy 1: Multiplier = \(\frac{1}{0.5}\) = 2

Economy 2: Multiplier = \(\frac{1}{1}\) = 1

Economy 3: Multiplier = \(\frac{1}{0}\) = undefined

Note: MPS can be abbreviated as Marginal propensity to save

As we can see here economy 1 is 50% greater than economy 2 and economy 3 is undefined because they spend whole dollar they earn additionally.

On behalf of the above calculations,  option B is a perfect match!

Answer:

≈ 9644 quantity of card

Explanation:

given data:

n = 4 regions/areas

mean demand = 2300

standard deviation = 200

cost of card (c) = $0.5

selling price (p) = $3.75

salvage value of card ( v ) = $ 0

The optimal production quantity for the card can be calculated using this formula below

= u + z (0.8667  ) * б

= 9200  +  1.110926 * 400

≈ 9644 quantity of card

First we have to find u

u = n * mean demand

 = 4 * 2300 = 9200

next we find the value of Z

Z = ( \(\frac{p-c}{p-v}\) )

   = ( 3.75 - 0.5 ) / 3.75   = 0.8667

Z( 0.8667 ) = 1.110926 ( using  excel formula : NORMSINV (0.8667 )

next we find б

б = 200\(\sqrt{n}\) = 400

Answer:

$28, 824

Explanation:

The sticker price is also known as the MSRP, or the manufacturer recommended retail price. It includes any dealer-installed accessories, any fees, and add-on products plus dealer markup.

The sticker price is this scenario will include

The base value  $25,565, plus factory installed options  $2,764, plus the destination charge $495.

=  $25,565 + $2,764 + $495.

= $28, 824

1. The Journal Entries on the books of Nuwakot Consultancy for the June Transactions are as follows:

Date    Transactions                          Debit       Credit

June 2 Cash                               Rs. 30,000

Common Stock                                            Rs. 30,000

June 5 Computer                      Rs. 12,000

Cash                                                               Rs. 2,500

Accounts Payable                                         Rs. 9,500

June 8 Cash                            Rs. 20,000

Notes Payable                                            Rs. 20,000

June 15 Accounts Receivable Rs. 12,350

Service Revenue                                        Rs. 12,350

June 17 Advertising Expense     Rs. 900

Cash                                                                Rs. 900

June 23 Cash                          Rs. 12,350

Accounts Receivable                                Rs. 12,350

June 28 Utility Expense           Rs. 2,700

Cash                                                            Rs. 2,700

June 29 Rent Expense            Rs. 2,200

Rent Payable                                             Rs. 2,200

June 30 Salaries &

   Wages Expense                  Rs. 5,670

Cash                                                          Rs. 5,670

June 30 Accounts Receivable Rs. 18,400

Service Revenue                                   Rs. 18,400

June 30 Dividends                Rs. 6,000

Cash                                                       Rs. 6,000

2. The Posting of the transactions into T-accounts is as follows:

Date    Transactions                          Debit       Credit

June 2 Common Stock             Rs. 30,000

June 5 Computer                                              Rs. 2,500

June 8 Notes Payable             Rs. 20,000

June 17 Advertising Expense                             Rs. 900

June 23 Accounts Receivable Rs. 12,350

June 28 Utility Expense                                  Rs. 2,700

June 30 Salaries and Wages Expense          Rs. 5,670

June 30 Dividends                                         Rs. 6,000

June 30 Balance                                           Rs. 44,580

                                               Rs. 62,350    Rs. 62,350

Date    Transactions                          Debit       Credit

June 2 Cash                                               Rs. 30,000

Date    Transactions                          Debit       Credit

June 5 Cash                              Rs. 2,500

June 5 Accounts Payable        Rs. 9,500

June 30 Balance                                        Rs. 12,000

Date    Transactions                          Debit       Credit

June 5 Computer                                        Rs. 9,500

Date    Transactions                          Debit       Credit

June 8 Cash                                              Rs. 20,000

Date    Transactions                          Debit       Credit

June 29 Rent Expense                              Rs. 2,200

Date    Transactions                          Debit       Credit

June 15 Service Revenue          Rs. 12,350

June 23 Cash                                             Rs. 12,350

June 30 Service Revenue        Rs. 18,400

Date    Transactions                          Debit       Credit

June 15 Accounts Receivable                    Rs. 12,350

June 30 Accounts Receivable                   Rs. 18,400

June 30 Balance                      Rs. 30,750

Date    Transactions                          Debit       Credit

June 17 Cash                                  Rs. 900

Date    Transactions                          Debit       Credit

June 28 Cash                             Rs. 2,700

Date    Transactions                          Debit       Credit

June 29 Rent Payable               Rs. 2,200

Date    Transactions                          Debit       Credit

June 30 Cash                              Rs. 5,670

Date    Transactions                          Debit       Credit

June 30 Cash                                Rs. 6,000

3. The preparation of the trial balance at June 30, 2019, is as follows:

Date    Transactions                          Debit       Credit

Cash                                            Rs. 44,580

Common Stock                                            Rs. 30,000

Computer                                   Rs. 12,000

Accounts Payable                                         Rs. 9,500

Notes Payable                                            Rs. 20,000

Rent Payable                                                Rs. 2,200

Accounts Receivable               Rs. 18,400

Service Revenue                                       Rs. 30,750

Advertising Expense                    Rs. 900

Utility Expense                           Rs. 2,700

Rent Expense                            Rs. 2,200

Salaries and Wages Expense   Rs. 5,670

Dividends                                  Rs. 6,000

Totals                                      Rs. 92,450 Rs. 92,450

Journal entries are made to record the transactions of a business as they occur daily.

Journal entries help post transactions to the general ledger (T-accounts).

With a trial balance, the balances in the general ledger are summarized to prepare financial statements.

June 2 Cash Rs. 30,000 Common Stock Rs. 30,000

June 5 Computer Rs. 12,000 Cash Rs. 2,500 Accounts Payable Rs. 9,500

June 8 Cash Rs. 20,000 Notes Payable Rs. 20,000

June 15 Accounts Receivable Rs. 12,350 Service Revenue Rs. 12,350

June 17 Advertising Expense Rs. 900 Cash Rs. 900

June 23 Cash Rs. 12,350 Accounts Receivable Rs. 12,350

June 28 Utilities Expense Rs. 2,700 Cash Rs. 2,700

June 29 Rent Expense Rs. 2,200 Rent Payable Rs. 2,200

June 30 Salaries and Wages Expense Rs. 5,670 Cash Rs. 5,670

June 30 Accounts Receivable Rs. 18,400 Service Revenue Rs. 18,400

June 30 Dividends Rs. 6,000 Cash Rs. 6,000

Learn more about journal entries at https://brainly.com/question/28390337

#SPJ1

Answer:

$10,285.72

Explanation:

In this scenario, we can use the compound interest formula to calculate the total after 10 years. The formula is the  A = P * \((1 + r/n)^{nt}\)

where,

A = final value after interest

P = initial investment amount

r = annual interest rate in decimal form

n = number of time the interest is compounded based on t

t = total amount of time

In this case, the interest is compounded quarterly meaning 4 times a year, therefore we can plug all the values into the formula and solve for A

A = P * \((1 + r/n)^{nt}\)

A = 1000 * \((1 + 0.24/4)^{4*10}\)

A = 1000 * \((1.06)^{40}\)

A = 1000 * 10.2857

A = 10,285.72

Therefore after 10 years the account will have a total of $10,285.72

Answer:

Nicklaus Corporation

1. Journal Entries:

Debit Cash $40 million

Credit Common Stock $4 million

Credit Additional paid-in capital- Common stock $36 million

To record the issue of 4 million shares at $10 each.

Debit Cash $40 million

Credit Preferred stock $10 million

Credit Additional paid-in capital - preferred $30 million

To record the issue of 2 million share at $20 per share.

2. Shareholders' equity as of March 31, 2021:

Capital

Authorized:

Common stock 6 million, $1 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued and outstanding:

Common stock 4 million, $1 par value       $4 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Retained Earnings                                          1.75 million

3. Journal Entries:

June 30, 2021:

Debit Treasury stock $3 million

Credit Cash $3 million

To record the purchase of 250,ooo shares of treasury stock at $12.

July 31, 2021:

Debit Cash $375,000

Credit Treasury stock $375,000

To record the reissue of 25,000 shares of treasury stock at $15 per share.

Sept 30, 2021:

Debit Cash $250,000

Credit Treasury stock $250,000

To record the reissue of 25,000 shares of treasury stock at $10 per share.

2. Shareholders' equity as of September 30, 2021:

Capital

Authorized:

Common stock 6 million, $1 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued and outstanding:

Common stock 4 million, $1 par value       $4 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Treasury stock - common stock, 200,000 ($2.375 million)

Retained Earnings                                          5 million

Part C:

1. Journal Entries:

Oct. 1, 2021: Memorandum record to note the change:

Stock-split Common stock, 8 million, $0.50 par value

Nov. 1, 2021:

Debit Cash Dividends:

Common stock = $1,368,000

Preferred stock = $700,000

Credit Cash $2,068,000

To record the payment of dividends.

Dec. 2, 2021:

Debit Stock dividend $38,000

Credit Common Stock $38,000

To record the issue of shares.

Debit Retained Earnings $38,000

Credit Stock dividends $38,000

To record the the declaration.

2. Shareholders' equity as of December 31, 2021:

Capital

Authorized:

Common stock 12 million, $0.50 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued and outstanding:

Common stock 8.076 million, $0.50 par value $4.038 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Treasury stock - common stock, 200,000 ($2.375 million)

Retained Earnings                                          5.644 million

3. Statement of Shareholders' equity:

Common stock 8.076 million, $0.50 par value $4.038 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Treasury stock - common stock, 200,000 ($2.375 million)

Retained Earnings $5,000,000

Net income               2,750,000

Dividends paid        (2,068,000)

Stock dividends         ($38,000)                   5.644 million

Explanation:

a) Data and Calculations:

Capital

Authorized:

Common stock 6 million, $1 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued:

Common stock 4 million, $1 par value, issued at $10

Preferred stock 2 million, $5 par value, issued at $20

June 30, 2021 Treasury stock $3 million Cash $3 million

July 31, 2021 Cash $375,000 Treasury stock ($375,000)

Sept 30, 2021 Cash $250,000 Treasury stock ($250,000)

Oct. 1, 2021:

Stock-split Common stock, 8 million, $0.50 par value

Nov. 1, 2021:

Cash Dividends:

Common stock = $1,368,000 ($0.18 * 7,600,000)

Preferred stock = $700,000 ($0.35 * 2,000,000)

Dec. 2, 2021:

Stock dividends:

Additional shares issued = 76,000 (7,600,000 * 1%)

Issued at par $0.50

Stock dividend = $38,000

When preparing the operating activities section of the statement of cash flows using the indirect method, decreases in current liabilities are deducted from net income.

The given statement is TRUE.

Describe cash flow.

Cash flow is the difference between the net amount of cash and cash equivalents coming into and leaving a business.. Money spent and money received represent inflows and outflows, respectively.

Fundamentally, a company's capacity to produce positive cash flows—or, more specifically, to maximize long-term free cash flow—determines its capacity to add value for shareholders.

The flow of cash into and out of a business is referred to as its cash flow. Sales generate income for businesses, which also incur costs.

Know more about current liabilities visit:

https://brainly.com/question/14287268

#SPJ4

Answer:

4.76%

Explanation:

P[(1+i/4)^4 - 1] = A

$100,000*P[(1+i/4)^4 - 1] = $4,850

[(1+i/4)^4 - 1] = $4,850/$100,000

[(1+i/4)^4 - 1] = 0.0485

(1+i/4)^4 = 0.0485 + 1

(1+i/4)^4 = 1.0485

(1+i/4) = 1.0485^(1/4)

(1+i/4) = 1.01191

i/4 = 1.01191 - 1

i/4 = 0.01191

i = 0.01191*4

i = 0.04764

i = 4.76%

Answer:

c

Explanation:

A thrift institution is an institution that receives a large proportion of its funds from savings made by the public

types of thrift institutions include :

Answer:

1. C

2. C

3. B

4. B

5. B

Explanation:

1. Portfolio relates to a career while "examples" and journal do not.

2. Workbooks because fossils and artifacts relate to something that is not a part of a portfolio.

3.There is no such thing as a hard copy portfolio.

4. An electronic portfolio, or an e-portfolio, stores online digital files.

5. There are only 2 main types of portfolios.

Showcase

Development

If hiring 6th worker increases total product by 7 units and the price of each unit is $2, The firm should hire the 6th worker since marginal revenue is greater than marginal cost.

No. of workers      Total cost               Marginal cost

0                              50                                 -

1                               110                              60

2                              160                             60

3                               200                           40

4                               240                           40

5                               250                           10

6                               260                           10

7                                280                          20

8                                310                           30

9                                350                          40

10                               400                         50

Given that the unit price is $2, and the firm adds a sixth employee, if output rises by 7 units, the marginal revenue from the sixth employee is equal to 7*$2 = $14.

The hire of the sixth worker will cost marginal cost = $10. Since the marginal revenue is higher than the marginal cost, the company should thus hire the sixth employee.

The complete question is here:

No. of workers           Total cost

0                                       50

1                                       110

2                                      160

3                                     200

4                                       240

5                                      250

6                                       260

7                                      280

8                                       310

9                                        350

10                                      400

If hiring the 6th worker increases total product by 7 units and the price of each unit is $2,

a. The firm should not hire the 6th worker as MR < MC

b. The firm should not hire the 6th worker as MR < TC

c. marginal revenue equals $2

d. The firm should hire the 6th worker since MR > MC

Learn more about marginal cost here:

https://brainly.com/question/7781429

#SPJ4

For Jack to claim the standard mileage rate for the business use of his pick-up, he is not expected to keep the records of b. Cost of insurance for the pick-up.

Instead, Jack must record the total, business, and commuting mileage for the year. He does not need to record the cost of insurance to claim the standard mileage rate.

Thus, Jack can claim the standard mileage rate for the business use of his pick-up without the record of the cost of insurance.

Learn more about the claiming the standard mileage rate and record keeping here: https://brainly.com/question/4954869

Answer:

Just-in-Time/Lean Principles

The plan that best represents uniform plant loading for this plant is:

c. Produce 1500 units of X on day 1, 1500 units of X on day 2, and then 300 units of Y and 1200 units of Z on day 3.

Explanation:

a) Data and Calculations:

Total production requirements               Product X   Product Y   Product Z

for the next three days at the factory       3,000         300             1,200

Uniform plant loading plan:

Day 1                                                             1,500             0                    0

Day 2                                                            1,500             0                    0

Day 3                                                                   0        300             1,200

Total production on the three days          3,000        300              1,200

b) The uniform plant loading plan within the just-in-time or lean production environment ensures that wastes and disruptions are minimized.  It reduces inventory of raw materials, work-in-process, and finished goods, and loss due to production stoppages and setups.  Operating on this just-in-time principle, production of product X will continue from Day 1 through Day 2, while production of products Y and Z will take place on Day 3, with the same quantity of products produced each day.

Answer: Examples of sole proprietors include small businesses such as, a local grocery store, a local clothes store, an artist, freelance writer, IT consultant, freelance graphic designer, etc.

Explanation:

The statement ''A misconception is a misunderstanding.'' is True. A misconception refers to a misunderstanding or a mistaken belief about something.

It is a cognitive error where an individual holds an incorrect understanding of a particular concept, idea, or situation. Misconceptions can arise due to various factors such as incomplete information, misinterpretation of information, cultural influences, biases, or a lack of critical thinking. Misconceptions can be found in various domains, including science, history, language, and everyday life. They can persist even in the presence of contradictory evidence or when confronted with accurate information. Correcting misconceptions is important as they can lead to flawed decision-making, misinformation spreading, and hinder personal and intellectual growth.

Addressing misconceptions requires effective communication, education, and the promotion of critical thinking skills. By challenging and correcting misconceptions, individuals can develop a more accurate understanding of the world around them, make informed judgments, and engage in meaningful discussions based on reliable information.

For more questions on misconception

https://brainly.com/question/17220434

#SPJ8

Answer:

Business security refers to the measures and procedures put in place to protect a company's assets, employees, and clients from various threats, both internal and external.

Here are some ideas of security in business:

1. Physical security: Physical security involves measures put in place to protect the physical assets of a business such as buildings, equipment, and inventory. Physical security measures may include the use of surveillance cameras, alarms, security personnel, and access controls.

2. Information security: Information security refers to the protection of sensitive information such as customer data, financial information, and trade secrets. Information security measures may include the use of firewalls, anti-virus software, encryption, and password protection.

3. Cybersecurity: Cybersecurity involves protecting a business's digital assets such as networks, computers, and software from cyber-attacks and unauthorized access. Cybersecurity measures may include the use of firewalls, anti-virus software, data encryption, and regular software updates.

4. Personnel security: Personnel security involves screening employees, vendors, and contractors to ensure that they do not pose a risk to the company's assets, clients, or reputation. Personnel security measures may include background checks, drug testing, and security clearances.

5. Emergency preparedness: Emergency preparedness involves preparing for and responding to emergencies such as natural disasters, accidents, and security breaches. Emergency preparedness measures may include emergency drills, evacuation plans, and crisis management teams.

Overall, implementing these security ideas can help a business to minimize risks and protect its assets, employees, and clients.

Explanation:

Answer:

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.In addition to physical security, cybersecurity is also a critical aspect of business security. With the increasing use of technology in business operations, companies are vulnerable to cyber attacks that can compromise their data and sensitive information. Therefore, businesses need to have robust cybersecurity measures in place to protect against cyber threats.

Security is an important aspect of any business, as it helps to protect the company's assets, employees, and customers from harm. In the world of business, security refers to the measures taken to prevent theft, fraud, vandalism, and other types of criminal activity.The idea of security in business involves creating a safe and secure environment for all stakeholders by implementing security measures such as access control, surveillance, and physical security. Business owners need to consider the potential risks and threats to their business and take measures to mitigate them.In addition to physical security, cybersecurity is also a critical aspect of business security. With the increasing use of technology in business operations, companies are vulnerable to cyber attacks that can compromise their data and sensitive information. Therefore, businesses need to have robust cybersecurity measures in place to protect against cyber threats.Overall, the idea of security in business is to create a safe and secure environment for all stakeholders, protect the company's assets and information, and ensure business continuity. By implementing appropriate security measures,

Explanation:

Hope it Helps