In barter countertrade buyers and sellers directly exchange goods, with no money and no third party involved.
The first form of countertrade is bartering. It is the straight exchange of items of equivalent worth without the payment of money. A trade is the term used to describe the bartering transaction. For instance, a bag of nuts could be exchanged for meat or coffee beans.
Countries with limited access to liquid resources can exchange commodities and services with other countries through countertrade. However, countertrade may use a monetary valuation for accounting purposes. Trade on a bilateral basis takes place between sovereign nations.
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Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest owed. Can you figure out how much the interest rate is based on this amount?
a. To solve for the interest rate of your credit card, you need to understand which variables in the above formula you have. If your minimum monthly payment is $22 on the $1,000 credit card bill, which variables do you know the values of?
b. Manipulate the formula so it will calculate the interest rate you are paying instead of the amount of money you are paying.
c. Now that you have a formula that will give you the interest rate, plug in the values for the problem and solve for that interest rate. Interest rates are usually represented for a time period: over what time period does this rate apply? What would the interest rate be if it were a yearly rate?
d. Now consider a different situation. Payday loans are a type of loan where you can get money for a future paycheck, typically two weeks in advance. A typical payday loan service might charge $15 for a loan against a paycheck you will receive in two weeks. The interest rate is 10% of the paycheck over that two-week period. Given this information, which variables in the interest formula are known? Develop a formula that will solve for the unknown variable.
e. Solve for the value of the unknown variable.
a) No person cannot figure out how much the interest rate is based on the amount charged to the credit card unless given other variables.
2. With data on the minimum monthly payment, we can assert our knowledge of the following variables:
The interest amountThe principal amount.3. The interest rate is 2.2% per month.
4. The period that this interest rate can be applied is monthly. In this case, the interest rate is described as the MPR.
5. If the interest rate were a yearly rate, the annual interest rate (APR) would be 26.4%.
6. For the payday loan, the known variables include the interest amount, the interest rate, and the period.
7. A suitable formula to solve for the unknown variable for the payday loan, principal, is P = I / (RT), where I = interest, R = rate, and T = period.
8. The solution to the equation or formula for the value of the unknown variable, Principal, is $3,900.
Minimum monthly payment = interest amount = $22
Credit card bill = $1,000
Rate = interest/$1,000
Rate = $22/$1,000 = 0.022
= 2.2%
MPR = 2.2%
APR = 26.4% (2.2% x 12)
Payday Loans:The service charge for a 2-week loan = $15
Interest rate = 10%
Principal/Payday loan = $3,900 ($15 / (10% x 2/52)
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Production and sales estimates for April for Crane Co. are as follows: Estimated inventory (units), April 1 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Territory A 3,000 Territory B 4,750 Territory C 4,250 Unit sales price $20 The number of units expected to be manufactured in April is a.11,000 units b.13,000 units c.9,500 units d.12,000 units
Answer:
a. 11,000 units
Explanation:
Particulars Amount
Expected Sales (units) 12,000 [3000+4750+4250]
Add: Ending inventory 18,000
Less; Beginning inventory 19,000
Number of units expected to be manufactured 11,000
why are so many businessess choosing a limited liability company (LLC) form of ownership?
A limited liability company (LLC) is a popular choice among small business owners for the liability protection, management flexibility, and tax advantages this form of business entity often provides.
Can someone sign up for temu for me with a link
Answer:
i don't y'all
Explanation:
ddddd
The Equal Employment Opportunity Act gave the Equal Employment Opportunity Commission the authority to:
Answer:
issue guidelines for employer conduct in administering equal employment opportunity programs.
Explanation:
This act known as the The Equal Employment Opportunity Act was enacted to check discrimination and unfair treatment against minorities such as African Americans. This act has given the right to sue whenever any form of discrimination based on race, skin color, religious affiliation is found in the work place.
Therefore the correct answer is issue guidelines for employer conduct in administering equal employment opportunity programs.
Effective organizing includes making sure teams are optimally designed. True or False
When the organizing becomes effective so involved that the team should be optimally designed.
The following information should be considered:
At the time when an organization wants to work having completed efforts so it's the duty for organizing the total work team via delegating the work and managing the employees in an effective way.This should be done so that the goals and objectives of an organization could be attained.Therefore we can conclude that the given statement is true.
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(ANSWER ASAP!! GIVING BRAINLIEST IF CORRECT :))
Julianna has been asked to write an offer letter to Noah Camp, a new employee. What is the appropriate salutation for her to use?
A: Happy Friday, Noah,
B: Business letters don't use salutations.
C: Hey, Noah,
D: Dear Mr. Camp,
Julianna has been asked to write an offer letter to Noah Camp, a new employee. What is the appropriate salutation for her to use?
Dear Mr.Camp
I HOPE IT HELPS YOU
PLEASE MARK ME THE BRAINLIEST
if you’ve insured at home for $200,000 in the home is only worth $150,000 you can receive $150,000 at most if you file a claim.
A. TRUE
B. FALSE
Answer:
true
Explanation:
Answer:
TRUE
Explanation:
Paid for wages Rs. 2000 and for commission Rs. 3000. Journal entry for this?
Answer:
Wages A/c Dr.
To cash A/c
(being wages paid)
Commission A/c Dr
To cash A/c
(being comission paid)
Ivanhoe Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2020. 1/2/20 Purchased patent (7-year life) $310,800 4/1/20 Purchase goodwill (indefinite life) 354,000 434,000 7/1/20 Purchased franchise with 10-year life; expiration date 7/1/30 160,800 8/1/20 Payment of copyright (5-year life) Research and development costs 9/1/20 224,000 $1,483,600 Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles. (Credit account titles are automatically indented when entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) amount Account Titles and Explanation Debit Credit Make the entry as of December 31, 2020, recording any necessary amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Reflect all balances accurately as of December 31, 2020. Use straight-line amortization $ $ $ $
Following are instructions for creating the necessary entries to close the Innovative Assets account and create multiple ones for various categories of intangibles.
What do you term a business account?Quick access to business bank accounts. a check account for business. Bank account for a business. Money market account for businesses. Guarantee of Deposit for Business.
Account Names and Descriptions
Credit
Patents
Godwill
Franchise
Copyright
$ 354,000
$ 434,000
$ 160,800
Expense for research and development
$ 224,000
Non-tangible assets
(To balance the account for intangible resources)
$ 1,483,600
Account Names and Descriptions
Debit
Credit
Depreciation cost
$ 79,500
(310,800/7) Patents
($434,000/10*6/12) Franchise
($160,800/5*5/12) Copyright
(To keep track of amortisation costs)
Debit $ 310,800
$
44,400
$
21,700
$
13,400
Utilize amortisation in a straight line:
$310,800 to $44,400 for patents
Godwill
($434,000–$21,700) franchise
$ 266,400
$ 354,000
$ 412,300
($160,800 - $13,400) Copyright
$ 147,400
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When a cable company is awarded sole possession to franchise in a community, that franchise is now a: Group of answer choices
Answer:
l think lt can be some problems._
Tasha makes fun of Jeffery at work, harasses him, and calls him names. How
might an HR manager overcome this situation of office bullying?
OA. Work with Tasha to stop her behavior and ensure Jeffery feels
safe at the office
OB. Have Tasha arrested for bullying and ensure Jeffery is awarded a
promotion
OC. Tell Tasha to stop bullying Jeffery and suggest to Jeffery that he
find a new job
OD. Tell upper management about Tasha's behavior so that they can
sort out the problem
The most appropriate option to overcome this situation of office bullying would be A: Work with Tasha to stop her behavior and ensure Jeffery feels safe at the office.
What should the HR manager do ?The HR manager should take steps to stop the bullying behavior and ensure that the victim, Jeffery, feels safe in the office. The HR manager should investigate the situation, speak with both Tasha and Jeffery, and determine the root cause of Tasha's behavior.
After identifying the cause, the HR manager should work with Tasha to stop her behavior and prevent it from happening again. This could include training, coaching, or counseling sessions. Additionally, the HR manager should monitor the situation and check-in with Jeffery to ensure that he feels safe and supported.
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Twenty-five percent of a sample of 200 professional tennis players indicated that their parents did not play tennis. Based on this sample, we estimate that approximately 25% of the parents of all professional tennis players did not play tennis, + or - 5%. This is an example of using inferential statistics.A. TrueB. False
the answer is true so A is the answer
Coast-to-Coast Shipping Company's general manager reports quarterly to the
company president on the firm's operating performance. The company uses a
budget based on detailed expectations for the forthcoming quarter. The general
manager has just received the condensed quarterly performance report shown
below.
Budget Actual Variance
Net revenue $8,000,000 $7,600,000 $400,000 U
Fuel $160,000 $157,000 $3,000 F
Repairs and maintenance 80,000 78,000 2,000 F
Supplies and miscellaneous 800,000 788,000 12,000 F
Variable payroll 5,360,000 5,200,000 160,000 F
Total variable costs* $6,400,000 $6,223,000 $177,000 F
Supervision $160,000 $164,000 $4,000 U
Rent 160,000 160,000 ___
Depreciation 480,000 480,000 ___
Other fixed costs 160,000 158,000 2,000 F
Total fixed costs $960,000 $962,000 $2,000 F
Total costs charged against Revenue $7,360,000 $7,185,000 $175,000 F
Operating income $640,000 $415,000 $225,000 U
U = Unfavorable F = Favorable
*For purposes of this analysis, assume that all these costs are totally variable with respect to sales
revenue. In practice, many are mixed and have to be subdivided into variable and fixed components
before a meaningful analysis can be made. Also assume that the prices and mix of services sold remain
unchanged.
Although the general manager was upset about not obtaining enough revenue, she was happy that her
cost of performance was favorable; otherwise her net operating income would be even worse.
The president was totally unhappy and remarked: "I can see some merit in comparing actual
performance with budgeted performance because we can see whether actual revenue coincided with our
best guess for budget purposes. But I can't see how this performance reports helps me evaluate cost
control performance."
Required:
1. Prepare a columnar flexible budget for Coast-to-Coast Shipping at revenue levels of $7,000,000;
$8,000,000; and $9,000,000. Assume that the prices and mix of products sold are equal to the budgeted
prices and mix.
2. Express the flexible budget for costs in formula form.
3. Prepare a condensed table showing the master (static) budget variance, the sales volume variance,
and the flexible budget variance
1. Columnar Flexible Budget:
$7,000,000 $8,000,000 $9,000,000
Net Revenue $7,000,000 $8,000,000 $9,000,000
Fuel $140,000 $160,000 $180,000
Repairs and Maintenance $70,000 $80,000 $90,000
Supplies and Miscellaneous $700,000 $800,000 $900,000
Variable Payroll $4,690,000 $5,360,000 $6,030,000
Total Variable Costs* $5,600,000 $6,400,000 $7,200,000
Supervision $140,000 $160,000 $180,000
Rent $160,000 $160,000 $160,000
Depreciation $480,000 $480,000 $480,000
Other Fixed Costs $160,000 $160,000 $160,000
Total Fixed Costs $940,000 $960,000 $960,000
Total Costs $6,540,000 $7,360,000 $8,160,000
Operating Income $460,000 $640,000 $840,000
2. Formula for Flexible Budget Costs:
Total Variable Costs = (Variable Cost per Unit * Net Revenue) + Total Fixed Costs
3. Condensed Table:
Variance Master (Static) Budget Sales Volume Variance Flexible Budget Variance
Net Revenue $400,000 UF $0 $200,000 UF
Total Costs $175,000 F $0 $50,000 F
Operating Income $225,000 U $0 $150,000 U
The Master (Static) Budget Variance is the difference between the budgeted net revenue and the actual net revenue. In this case, it is an unfavorable variance of $400,000.
The Sales Volume Variance is the difference between the flexible budget net revenue and the budgeted net revenue. Since there is no change in the sales volume, this variance is zero.
The Flexible Budget Variance is the difference between the flexible budget total costs and the actual total costs. In this case, it is a favorable variance of $50,000. This indicates that the company was able to control costs better than anticipated.
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Which services would a charitable organization provide? Check all that apply. preserving waterways operating a city aquarium opening an animal shelter inventing a new pet feeder owning a pet store franchise
Answer:
preserving waterways
operating a city aquarium
opening an animal shelter
Explanation:
edge 2020
In this context, the services that a charitable organization will provide includes:
Preserving waterwaysOperating a city aquariumOpening an animal shelterWhat is a charitable organization?This is a nonprofit organization that is created to advance some form of public benefit to the people.
These organization are established by individual or companies with an objectives of philanthropy and promotion of social well-being.
Therefore, the Option A, B and C is correct.
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A farmer has developed a new type of fertilizer. This new fertilizer costs 20
percent more to produce than the old fertilizer but has better results: The
same land now produces 25 percent more crops each year.
Which statement best describes one way the farm will be affected by using
this new fertilizer?
A. The farm's opportunity cost for using fertilizer will increase.
O B. The farm's marginal cost for fertilizer will decrease.
O C. The farm's opportunity cost for using fertilizer will degrease.
O D. The farm's marginal cost for fertilizer will increase.
Answer: The statement which best describes one way the farm will be affected by using this new fertilizer is:
A. Marginal benefits will increase for each harvest.
Based on the given text, we can see that there is the development of a new type of fertilizer which was made by a farmer and there is a difference in cost which would have an effect.
With this in mind, we can see that because it costs 20% more to produce and has better results, then the effect this would have is that the marginal benefits would increase for each harvest.
Therefore, the correct answer is option A
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At a time of growing digital disruption, Human Resources professionals are increasingly driving the organizations need for a?
At a time of growing digital disruption human resources professionals are increasingly driving the organizations need for a digitally skilled workforce
Why Human Resources professionals go for a digitally skilled workforceas digital technologies continue to transform the workplace hr professionals are responsible for ensuring that their organizations have the talent skills and capabilities to thrive in a digital environment
This may involve developing and implementing strategies for talent acquisition workforce development and organizational culture that support digital transformation
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The earnings you receive as a saver or an investor reflect:
past interest rates
a risk premium based on length of the savings period
expected deflation
the extent of certainty about getting your money back
a positive credit rating
When we receive earnings as savers or as investors, these earnings are meant to reflect a risk premium based on length of the savings period.
What are earnings based on?The earnings that we receive are based on the risk that we incurred for investing our money in whatever venture we invested it into.
This means that the earnings of investors and savers are basically a premium on the risk that we incurred in the savings period.
In conclusion, earnings are a risk premium based on length of the savings period.
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why is the study of finance important
Answer:
Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.
Explanation:
HELP ASAP
Bank auditing is mainly done to
(Select all that apply.) Multiple choice
A. Curb money laundering
B. Insure deposits for all customers
C. Stop international finance crimes
D. Prohibit electronic trading arbitrage
Help
Sove & Exit
Submit
For the current fiscal year, Purchases were $350,000, Purchases Returns and Allowances were $5,000 and Freight In was $29,000. If the
beginning merchandise inventory was $210,000 and the ending merchandise inventory was 595,000, the Cost of Goods Sold is:
Answer:
212,000
Explanation:
If budgeted beginning inventory is $8,300, budgeted ending inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted purchases should be: Group of answer choices $9,160 $11,360 $1,960 $860 $1,100
Answer: $11,360
Explanation:
Budgeted cost of goods sold = Budgeted beginning inventory + Budgeted purchases - Budgeted ending inventory
10,260 = 8,300 + Budgeted purchases - 9,400
Budgeted purchases = 10,260 - 8,300 + 9,400
= $11,360
What basic function requires a manager to hire employees and coordinate the work of subordinates
The basic function that requires a manager to hire employees and coordinate the work of subordinates is referred to as the organizing function
This is further explained below.
What is an organizing function?Generally, Delegating power to subordinates and setting up channels of communication are both components of the organizational function of the management process.
In conclusion, The duty of organizing encompasses other activities as well, such as the creation of departments and the coordination of the work of subordinates.
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Prompt
What is revenue?
It is gross profit.
Explanation:
revenue less all the expenses is profit. Example, you run a business you sold merchandise and the return from that merchandise is called revenue because the expenses like salary expense, depreciation, conveyance expense et cetera are not deducted from the cost of goods that you sold.
Answer:
the answer above is correct 100%
Explanation:
PlanetsProject: Scale Model of the Solar System if anybody do this project help us out
PTR#2095
QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Thoroughly explain the concept, causes, blessings and curses of globalization.
Globalization serves as the growing interdependence of the world's economies, cultures, as well as populations, which can be influenced through the cross-border trade in goods and services, as well as the flows of investment, people, and information.
The causes of globalisation are:
Improved transportImproved technology which makes it easier to communicate and share information around the world.Growth of multinational companies with a global presenceThe economic activities that aids globalizationare:
international trade; foreign direct investment;capital market flows migration (movement of labor)diffusion of technologyThe blessings of globalization can be felt in the businesses the opportunity that expand into new markets, as well as reaching international buyers, and increase revenue.
What is Globalization ?Globalization serves as the way the trade and technology have made the world into a more connected and interdependent place however it help to captures in its scope the economic and social changes that have come about as a result.
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According to the acquired needs theory, the need for power refers to the desire to:
According to the acquired needs theory, the need for power refers to the desire to an influence or control others and have authority over others.
What is the acquired needs theory?The phrase "Acquired needs theory" is a term created by a psychologist David McClelland, the theory is also known the McClelland's Needs Theory, Three-Needs theory, Achievement Motivation Theory or Learned Needs theory.
This psychological theory is based on the notion that people's needs are acquired as they live their lives or through experiences of life. It also emphasize that the needs are derived from the reaction to the stimuli in the external environment.
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All of the following statements regarding the career agency distribution system are correct except
All of the aforementioned statements regarding the career agency distribution system are correct except: Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
What is an agency?An agency can be defined as the ability of an individual to identify valued goals, priorities and desired outcomes, so as to enhance the purposeful pursuit of those goals and desired outcomes proactively, efficiently and effectively.
What is a career agency distribution system?A career agency distribution system can be defined as a type of distribution system that typically involves an insurance company making use of its own commissioned agents, in order to sell and deliver insurance policies.
In conclusion, a career agency distribution system is the most common system that is used for distributing individual life insurance products.
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Complete Question:
All of the following statements regarding the career agency distribution system are correct EXCEPT:
It uses agents who primarily if not exclusively represent one insurer.
Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
There are two types, the general agency system and the managerial system.
The managerial form of career agency system uses company employees as the agency managers.
L 5.4.2 Test (CST)!
Question 8 of 20
Which of these is a consequence of speeding?
Answer:
If you are pulled over by the police you will get a ticket for speeding.
You will go to court and be fined. In many cases, drivers can get jury duty or pay a fine depending on how much the state charges for speeding.
If you are not pulled over and are speeding the consequences can be indefinite. You can crash into another vehicle and cause physical damage to other passengers in the other vehichle not only to yourself. The damage can sometimes be irreparable like comas, paralyzed, or even brain/spinal damage.
Need more? Comment and let me know what you need.
Given that there is a serious disadvantage to cost-based pricing, how would you account for its widespread use in retailing and other businesses?
Cost-based pricing is sometimes justified by arguing that it ensures that a company receives a good profit on the products that it sells.
What is cost based pricing?It should be noted that cost based pricing simply means a pricing method based on cost of production and distribution of a product.
In this case, cost-based pricing is sometimes justified by arguing that it ensures that a company receives a good profit on the products that it sells.
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