In need of some general advice.

I never have and most likely never will participate or be in any business classes. does this seem like a good idea?

starting by dropshipping for $2-3 less than I pay for the item, then going up on my price slowly during inflation as I get more people buying stuff.​

Answer:

- Protection of Labor Rights

- Co-surviving Public and Private Sectors

- Safeguarding of Consumer Rights

- Economic Planning

Explanation:

Don't know how many you're looking for, or what specifically, but those are a few that I've learned

Hope it helped

Answer:

True

Explanation:

Hope this helps...

EVA is a relevant KPI for the financial component of the balanced scorecard. Option d is correct choice.

The balanced scorecard is a strategic management framework that considers multiple aspects of a company's performance, including financial, customer, internal processes, and learning and growth. Each component of the balanced scorecard has specific Key Performance Indicators (KPIs) that measure performance in that area.

EVA (Economic Value Added) is a relevant KPI (Key Performance Indicator) for the financial component of the balanced scorecard. EVA measures the financial value created by a company by subtracting its cost of capital from its net operating profit after taxes. It provides insight into whether a company is generating value above and beyond its cost of capital, making it an important metric for evaluating financial performance and shareholder value. Option d is correct choice.

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The method for calculating credit card balances that is best for the customer who made a large purchase in the current month but has not made any payments yet is this: A. Previous balance method.

The previous balance method is a way of calculating the credit card balance of customers who made a large purchase in the current month but have not made any payments yet.

This type of method helps the salesperson to know what is currently available and what is expected when the customer pays up.

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Each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.

To determine the total amount that each family should be required to pay each year to cover the cost of the new school building, we can follow these steps:

Calculate the total loan amount.

The loan amount is the cost of the project, which is $20,000,000.

Calculate the annual interest payment.

The annual interest payment can be calculated using the formula:

Annual Interest Payment = Loan Amount * Annual Interest Rate

Annual Interest Rate = APR / 100

In this case, the annual interest rate is 2.7% or 0.027.

Annual Interest Payment = $20,000,000 * 0.027 = $540,000

Determine the number of families responsible for payments.

There are 21,000 families responsible for making monthly payments.

Calculate the total amount each family should pay each year.

Total Amount per Family = Annual Interest Payment / Number of Families

Total Amount per Family = $540,000 / 21,000

Rounding the result to the nearest cent, each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.

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Marketing trends for the current market are related to innovation, such as the digital market, with the sale of infoproducts through influencer marketing.

It is an approach on the rise that originated due to the sharing of information on digital platforms. It consists of strategies for engaging a person on the internet, generating trust in their opinion about a product and brand, promoting it.

Based on influencer marketing, some business ideas that can be profitable in today's market are:

To stand out in a competitive and globalized market, it is essential that the company develops its values ​​and mission in line with its objectives and promoting the brand's socio-environmental responsibility.

Therefore, the use of marketing tools such as SWOT analysis will help an organization to be positioned in the market, by expanding the vision of the micro and macro environment.

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Lower is the correct response. Opportunity cost is a microeconomic concept used to quantify the losses incurred as a result of a manufacturing decision.

The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading counterparts is known as comparative advantage. Opportunity cost is a new consideration in the idea of comparative advantage when comparing various manufacturing possibilities.

Opportunity cost informs us of the costs associated with a particular choice. Comparative advantage explains how to choose wisely. It is the most crucial idea in economics since it explains how to spend your scarce resources most effectively.

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1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.

1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.

2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.

3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.

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First of all we should understand the nature of job of Purchasing Agent, Cashier, Sales Agent and an Interviewer to decide which option should Elle would be most qualified for until she graduates high school.

The persons who buy the parts and materials that help in the production of goods are called purchasing agents or purchasers.

Buyers and purchasing agents review the history and quality of the suppliers before making the purchase. They should be qualified enough to consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.

A cashier is a person who handles the cash register at various locations such as the point of sale in places such as shops or banks.

He is also known as teller, accountant, clerk, treasurer. Only qualified and skilled persons can perform the role of cashier.

A person hired by any company to sell its products or services is known as Sales agent.

A sales agent take orders, offer services and provide support in person and via telephone or internet. This job can be done with little training and less qualification.

A person who conducts an interview to hire the candidates is known as Interviewer. To be an interviewer, a person needs to be well qualified with great communication skills.

So, the best role that Elle can take up until she graduates is that of a Sales Agent.

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Answer:

emergency fund

Explanation:

If She makes an average of $200 per week and her parents send her a monthly allowance of $100. Her net income is $113.

Marsha’s Income Statement for the current month

Income $900

[($200 per week×4 weeks)+$100]

Total Income $900

Expenses:

Cell phone $62.00

Gas, $100.00

Food $200.00

Entertainment $100.00

Car payment $200.00

Insurance $125.00

Total expenses $787

Net income $113

($900-$787)

Therefore her net income is $113.

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Brand loyalty is what apple does by well- designed packaging for all of its products. It is one of the distinguishing marks of its branding.

Form, structure, materials, color, imagery, typography, and regulatory information are all connected with auxiliary design aspects in packaging design to create a product that is fit for marketing.

However, there are a lot of factors to consider when creating a packaging because design must have a purpose. It must safeguard what's within. It must make storage and distribution simple. On a shelf stacked with other products, it must advertise who it is and bring attention to itself.

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The net impact of the given audit conclusion on mimeo's income tax liability is $10,500 increase.

The amount owed to the Internal Revenue Service (IRS) at the end of each tax year is referred to as "tax liability." A person, business, or other entity's tax liability is the total amount of taxes that they owe to the government.

Tax liabilities include things like income taxes, sales taxes, and capital gains taxes. Federal, state, and local governments are just a few of the taxing entities that impose taxes. What you owe in taxes to the IRS or your state government is known as your tax liability. Depending on your income and filing status, you may have to pay income taxes.

Given:

Taxable income increases by $50,000,

increasing tax liability is

= ($50,000 × 21%) = $10,500

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Explanation:

I think the (a) is the best.

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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ITC Ltd is a manufacturing company incorporated on March 1, 2021, in Namibia. The company has a total investment of N$33,560 in Telcom, a listed company, consisting of 10,000 ordinary shares originally purchased at N$3 each. In addition, the company must have an allowance for credit losses of N$4,000. The company is directed by D. Damara and O. Petrus, who received remuneration of N$1,300 and N$1,200, respectively.

To prepare a statement of profit or loss and other comprehensive income for the year ended February 28, 2022, the company needs to follow International Financial Reporting Standards (IFRS).

This statement should show all revenues and expenses incurred by the company during the year, including any gains or losses from investments, remunerations to directors, and allowances for credit losses. The company can calculate its net profit or loss for the year by subtracting its total expenses from its total revenues.

In summary, ITC Ltd should prepare a statement of profit or loss and other comprehensive income for the year ended February 28, 2022, following the International Financial Reporting Standards (IFRS). This statement should show all the company's revenues, expenses, gains, and losses, including investments, remunerations, and allowances for credit losses. By subtracting its total expenses from its total revenues, the company can determine its net profit or loss for the year.

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Answer:

Explanation:

The journal entry necessary to record the payment of wages to the metal workers should include a debit to work-in-process inventory for $20,000. (Option A)

When the company pays wages to the metal workers who are building the metal storage tanks in the factory, it represents a direct cost of manufacturing the tanks. These wages are considered part of the cost of production and are therefore recorded in the work-in-process inventory account.

The debit to work-in-process inventory reflects the increase in the cost of the tanks as a result of the labor expenses incurred. This entry recognizes that the value of the tanks in progress has increased by $20,000 due to the contribution of the metal workers' wages.

The other options, such as crediting work-in-process inventory, crediting finished goods inventory, or debiting finished goods inventory, are not appropriate in this scenario as they do not accurately capture the cost of the metal workers' wages in the manufacturing process.

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Before the owners of a business can create their own policies and laws, and set up a Board of Governors, they must receive a Certificate of Incorporation or Authority from the state in which they are operating.

This document shows that a business has been authorized to carry out business activities.

It is usually issued by the State in which the company is operating. In Florida for instance, this document is issued by the Secretary of State for a little fee.

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Porter's 5 forces make up a study model of the competitive structure of an industry in which the following are analysed:

These five elements are analyzed separately but interconnected, since each of them affects the organization's level of competition. By analyzing the threats of these competitive forces, we can determine our position in the market and understand why we have the current market share.

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Fire which full meaning is Financial Independence Retire Early  is a life style that enables a person to retire early and be Financially independent by  saving or investing in thing that will lead to financial gain after they retired.

Which means that such individual will have to reduce their expense and look for a better way to increase their income.

The steps to start living a fire lifestyle are:

•Save and invest

•Do not borrow money

•Save for your children education

•Reduce your expenses

•Do not spend your saved  retirement money

•Ensure you save money into your individual retirement account etc

Inconclusion For a person to live a  fire lifestyle  such person need to plan for the future by saving and investing.

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Answer: They should not.

Explanation:

When it comes to the advertising industry, the wishes of the client are not of the highest priority, they are of the second highest priority.

The highest priority is to the industry and its integrity. If advertisers acted in an unethical manner, they would risk destroying the reputation of the advertising industry which would lead to a massive loss of trust in it that could severely impact it.

Regardless of how important a client might be therefore, their wishes should never trump the ethics required in the industry because these ethics maintain the integrity of the advertising profession.

A general ledger is used to keep track of a company's finances, and a trial balance is used to confirm information about debit and credit accounts.

You can access your money in a variety of ways, including by using a debit card, conducting your banking online, writing a cheque or withdrawing cash from an ATM or branch office. Checking account rates and services can differ from one bank to the next.

Single entry and double entry accounting records are the two main categories. As hinted by its name, the one entry strategy is more simpler to use and works well for small-scale tasks. For each transaction a business does, the more involved double entry method requires two entries—one credit and one debit.

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Answer:

Explanation: you read it slowly and get it understand

My audience would be the people that are of teenage to early adult age.

When creating an ad, it is important to use attention-grabbing headlines that evoke emotions and curiosity. Use persuasive techniques such as social proof, scarcity, and authority to make your product or service more appealing to your target audience.

Social proof refers to the idea that people are more likely to follow the actions of others. For instance, you can use customer reviews or testimonials to demonstrate that your product or service is trusted by others.

Scarcity involves creating a sense of urgency by indicating that there are limited quantities available or for a limited time only. This can prompt people to take action and make a purchase.

Finally, authority involves using credible sources to support your claims. This can be achieved by using statistics or endorsements from reputable organizations.

In terms of the headline and message, it should be clear and concise, with a strong call-to-action. For example, "Join the Green Revolution Today! Reduce Your Carbon Footprint with Our Sustainable Products"

To be more persuasive, it's important to understand your target audience and tailor your message to their needs and preferences. Additionally, it may be helpful to provide incentives or promotions to encourage people to try your product or service. By using these techniques, you can increase the likelihood of persuading your audience to buy your invention or service.

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The kilowatt hour usage for the office was best described as a horizontal demand curve.

Demand that is completely elastic is illustrated by a horizontal demand curve. In other sense, consumers would only buy the good at a particular price and will make no transactions whenever the price is higher.

In a market with perfect competition, each firm's demand curve is horizontal since supply and the market's demands determine pricing. Companies are price takers as a consequence. Customers won't be motivated to buy from a company that attempts to charge higher than the going rate in the marketplace. If your price is even a little bit higher, they won't see any incentive to buy from you.

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The second image is most likely to portray non-verbal communication. Hence, option B is correct.

Nonverbal communication describes the methods by which people communicate their feelings, needs, intentions, attitudes, and thoughts without using words.

Body Language Human connection often involves nonverbal communication. For instance, a person's attitude and thoughts can be conveyed to others through tone, facial expressions, and gestures, and actions are frequently much more powerful than words.

Thus, option B is correct.

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Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

Answer:

b

Explanation:

The availability of direct labor is currently a limiting factor for the company. This can be demonstrated through calculations.

The company has a total of 6,200 direct labor hours available per period, and each product requires a certain number of labor hours for production. Product A requires 1.20 labor hours per unit, Product B requires 1.80 labor hours per unit, and Product C requires 2.40 labor hours per unit. By multiplying the labor hours per unit by the number of units demanded for each product, we can determine the total labor hours required for each product. The total labor hours required for Product A is 8,000 units * 1.20 hours/unit = 9,600 labor hours. Similarly, the total labor hours required for Product B is 12,000 units * 1.80 hours/unit = 21,600 labor hours, and for Product C it is 10,000 units * 2.40 hours/unit = 24,000 labor hours. As the total labor hours required for all three products (9,600 + 21,600 + 24,000 = 55,200) exceeds the available labor hours (6,200), it indicates that the availability of direct labor is a limiting factor.

To maximize profit within the constraints of limited direct labor, the company should allocate labor hours to the products with the highest contribution margin per labor hour. Contribution margin is calculated by subtracting the variable costs from the selling price for each product. Product A has a contribution margin of $4.80 - ($1.40 + $1.20 + $1.80) = $0.40 per unit labor hour. Product B has a contribution margin of $6.39 - ($1.95 + $1.80 + $1.80) = $0.84 per unit labor hour. Product C has a contribution margin of $8.00 - ($2.42 + $2.40 + $2.70) = $0.48 per unit labor hour. By dividing the contribution margin by the labor hours per unit for each product, we can determine the contribution margin per labor hour. Product A has a contribution margin per labor hour of $0.40 / 1.20 = $0.33, Product B has $0.84 / 1.80 = $0.47, and Product C has $0.48 / 2.40 = $0.20. Therefore, the production plan to maximize profit would be to allocate the available labor hours to Product B first, followed by Product A, and finally, Product C.

Using the production plan from Part B, we can calculate the total contribution margin for the company. Based on the production plan, the number of units produced for each product would be as follows: Product B: 6,200 labor hours / 1.80 labor hours per unit = 3,444 units, Product A: 2,756 units, and Product C: 2,583 units. Multiplying the number of units produced by the contribution margin per unit, we can calculate the contribution margin for each product: Product B: 3,444 units * $0.84 = $2,891.36, Product A: 2,756 units * $0.33 = $908.48, and Product C: 2,583 units * $0.20 = $516.60. The total contribution margin for the company would be the sum of the contribution margins for all three products, which is $2,891.36 + $908.48 + $516.60 = $4,316.44. Therefore, the total contribution margin for the company, using the production plan from Part B, is $4,

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Answer:

see below

Explanation:

Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.

Honesty and ethics are important in finance and business careers due to the following reasons

Finance and business professionals deal with sensitive information.  They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.

The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.

  2. Public Image and Brand Value Increases

Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.

3. Team Work develops:

Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.