irolt, a company that supplies fast-moving consumer durables, recruits only graduates from top business schools as management trainees in its marketing department. the company ensures that its employees are always given challenging tasks that interest them, and the employees believe that the management welcomes innovative ideas and thoughts. in the context of managing sources of innovation, which of the following concepts does this scenario best illustrate?
Answers
In the context of managing sources of innovation, a creative work environment is a concepts does this scenario best illustrate.
What exactly is a creative work environment?An office setting that promotes original thinking and methods is known as a creative work environment. The choice to try novel approaches to tasks at work is up to the individual employee. As a result, they are more productive at work because their assignments frequently reflect their interests.
What are the benefits of a creative workplace?Employees of all departments and roles benefit from participating in the creative process. Failure is less likely when inventiveness is encouraged. To encourage a creative environment, people must have the flexibility to make mistakes. Fear of failure stifles innovation and slows the flow of ideas in creative contexts.
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Related Questions
Select the correct answer from each drop-down menu.
Apply your knowledge of the ways that trade affects individuals and cultures to complete the statements.
Answers
Market expansion and access to goods and services that would not otherwise be available locally are made possible through international commerce. The market is more cutthroat because of global trade.
Which cultural effects does commerce have?Through cultural interchange, cultures are impacted when nations start or grow commerce. Cultural exchange is the process of passing along ideas from one culture to another, including religious doctrines, worldviews, concepts, and modern technologies. In economic connections, cultural interchange is unavoidable.
Why are cultural exchanges so vital?The link between creativity and globalisation is seen to be formed via cultural exchange. Emerging market economies may be able to gain from both thanks to the equally distributed creative talent.
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Answer:
Outsourcing, cultural imperialism, oppose
Explanation:
i got it correct.
Question 9 (1 point)
Which of the following statements about the power of the human voice is correct?
a) The voice sends only verbal messages to receivers.
b) Individuals can learn to change their voice to make it more effective and powerful
c) No correlation exists between the voice and perceived authority and trust.
d) Flat monotone voices are considered to be polished and professional
Answers
Answer:
B.
The other ones don't sound the most accurate compared to B.
Explanation:
Problem solving is best defined as what?
Answers
Explanation: The clinic nurse understands that problem solving is best defined as: Identifying the gap between "what is" and "what should be." The risk manager wants to evaluate the reasons for an increased number of falls on the rehab unit.
Answer:
its c
Explanation
In product development, what is an iterative
loop?
A. It is when customers and employees provide feedback to the
design team.
B. It is when the design team creates a prototype.
C. It is when a new product is released to the general public.
Answers
Answer:
The answer is A. It is when customers and employees provide feedback to the design team.
An iterative loop is a process in which the design team creates a prototype, tests it with customers and employees, and then uses the feedback to improve the prototype. This process is repeated until the design team is satisfied with the product.
Iterative loops are a valuable part of the product development process because they allow the design team to get feedback from real users early on. This feedback can help the team identify any problems with the design and make improvements before the product is released to the general public.
Here is an example of an iterative loop in product development:
1. The design team creates a prototype of a new product.
2. The team tests the prototype with customers and employees.
3. The team collects feedback from the users.
4. The team uses the feedback to improve the prototype.
5. The team repeats steps 2-4 until they are satisfied with the product.
Iterative loops can be used to develop any type of product, from software to hardware to consumer goods. They are a valuable tool for any design team that wants to create a product that meets the needs of its users.
Explanation:
I WILL GIVE BRAINLEIST
In what ways do federal, state, and local regulatory agencies play a role in the hospitality and tourism industry, specifically the recreational sector? Identify and describe one example for each agency, evaluating the ways in which this agency impacts the hospitality and tourism industry by using your example as a framework.
What are three influences that led to the development of amusement parks and theme parks? Evaluate and describe some of the ways that these influences helped shape modern amusement and theme parks.
Imagine that you are looking to hire someone for a park ranger position. What characteristics or skills would you look for in the candidates? Why?
Shelly is accompanying her dad to work for a few days over summer break. Her dad is a theme park manager. What are some tasks, duties, and things that Shelly might observe her dad doing over these few days while she is with him at work?
Answers
Answer:
its only my opionion
Explanation:
local and state stakeholders and partners, with some assistance from federal groups. The realization of what federal agencies can and cannot do has led to new approaches. One example is community-based disaster preparedness (CBDP), which is increasingly used as a general framework for promoting local-level capacity building.
The hospitality industry is thought to have the biggest positive socioeconomic effects on employment, living standards, tax collections for state and municipal governments, and local retail sales growth.
What is hospitality?The term "hospitality" refers to the relationship that exists between a host and a guest in which the host accords the guest some measure of goodwill. This includes the welcoming and entertaining of guests, visitors, or strangers.
Medieval European pleasure gardens, industrialization, and world fairs are three factors that influenced the growth of amusement parks and theme parks. They contributed to the development of modern theme parks and amusement parks by introducing concepts of enjoyment and technological advancements that made mechanical rides possible.
The characteristics or skills for a park ranger will be:
Physical fitness to work outdoors. Strong communication skills.A willingness to help people and conservation efforts.Shelly can ensure all parts of the park are operating effectively in terms of staff and equipment and oversee the effective application of health and safety regulations and risk assessment to ensure a safe environment for park employees and the public
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as the tax assessor for Indian creek county, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is $800,000,000. currently, the assessment rate is 35% and the tax rate is 40 mils. The county commission increases the assessment rate to 45% and the tax rate to 45 mils
Answers
Answer:
this didnt make sense but ok
Explanation:
Nếu tổng sản lượng quốc gia: 4.000; Thu nhập khả dụng: 3.000; Ngân sách chính phủ thâm hụt 100; Tiêu dùng của các hộ gia đình: 2.500; Cán cân thương mại thặng dư 100 thì chi tiêu của chính phủ cho hàng hóa và dịch vụ phải là bao nhiêu
Answers
Answer:
tôi không biết xin lỗi
Explanation:
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
tôi không biết xin lỗi
If you had a business that was growing but you needed a rather large infusion of cash to expand the business to meet demand (if you don't the demand will likely be met by competitors or open the door to new competitors) which type of financing would you choose and why? There is also the possibility of equity (stock) financing. The key is that if we finance a business by selling stock (equity financing) we give up some or a lot of control over the business.
Answers
Answer:
I would choose equity financing.
Explanation:
The reason is that in the first stages of a business, it is hard to obtain debt financing, even if the company is growing, because financial institutions assess risk, but also corporate perfomance in terms of liquidity, profitability, and efficiency, and these assessments may not be good enough in a young company for a financial institution to approve the loan.
For this reason, equity financing becomes a better alternative, even if some control of the company has to be given away. In order to reduce such control loss, a mix of common stock and preferred stock could be issued, with preferred stock holders having more entitlements to dividends, but no entitlements to corporate control.
true or false: bill gates is a good example of why a college education is not necessary to a successful career?
Answers
It is false to claim that Bill Gates is a good example of why a college education is not necessary for a successful career, as in his interviews he has consistently asserted the importance of a college education.
What are the advantages of college education?In college, the student can attend specific classes aligned with the chosen course, which are important for the student's development in the social and professional spheres. In addition, universities have scientific knowledge and the development of critical thinking as their foundations.
Therefore, we can say that Bill Gates did not return to college as he is a successful businessman who constitutes an exception to the rule. We can observe that the majority of other successful entrepreneurs attended college and developed their potential due to this institution.
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A construction firm can achieve a $15,000 cost savings in Year 1, increasing by $3000 each year for the next 5 years, by converting their diesel engines for biodiesel fuel. At an interest rate of 15%, what is the equivalent annual worth of the savings?
Answers
Answer: $21291.6
Explanation:
The equivalent annual worth of the savings will be calculated thus:
Annual cost savings in year 1 = $15000
Increase in annual cost savings = $3000
Project period = 6 years
Interest rate = 15%
Annual worth of savings = A + G(A/G, 15%, 6)
= 15000 + 3000(15,000/3000, 5%, 6)
= 15000 + 3000(5000, 0.15, 6)
= 15000 + 3000(2.0972)
= 15000 + 6291.6
= 21291.6
Therefore, the annual worth of savings will be $21291.6
Pd 4(A) Set 2 iz Question 7 (1 point) When investing in individual stocks, you should expect that... O a Stock prices for a company are relatively easy to predict d GRADES Next Page Back Unforeseen company events can have a dramatic impact on the stock price for a company You will have an informational edge by reading an article about a company you want to invest in Stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund S ✓ Sub Question 7 of 19 |
Answers
An investor should carefully consider their risk tolerance and investment goals before deciding whether to invest in individual stocks or index funds.
When investing in individual stocks, you should expect that unforeseen company events can have a dramatic impact on the stock price for a company. This is because the company's stock price reflects not only the company's current financial situation but also investors' expectations for the company's future performance.Unforeseen company events such as changes in leadership, new competitors, or regulatory changes can cause investors to reassess their expectations for the company's future performance, which can lead to fluctuations in the stock price.An investor should not expect that stock prices for a company are relatively easy to predict. This is because stock prices are influenced by a variety of factors, including company financial performance, economic conditions, market trends, investor sentiment, and geopolitical events. While some investors may try to predict stock prices using technical analysis or fundamental analysis, it is important to recognize that these methods have limitations and cannot guarantee accurate predictions.An investor can gain an informational edge by reading an article about a company they want to invest in. Reading articles about a company can provide valuable insights into the company's financial situation, growth prospects, and risks. However, it is important to recognize that reading articles is only one part of the investment process and should be supplemented by other sources of information, such as financial statements, analyst reports, and market data.An investor should not expect that stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund. In fact, individual stocks are generally more volatile than index funds because they are more susceptible to company-specific risks. By contrast, index funds are diversified across multiple companies and sectors, which can help to reduce overall portfolio risk.
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1.Explain where the market equilibrium occurs.
2.How do we show equilibrium graphically?
3.Share an example from your own experience when the market was not in equilibrium for a product or service.
4.Explain why the market was out of equilibrium (what caused it to be out of equilibrium) and what needed to be done to bring the market back to equilibrium.
Answers
Answer:
because they are well known
Li-Un Outfitters is a retail business using the periodic inventory system and marks her goods up y 80% on cost. The financial year ends on 28 February 2021. quired: Prepare the following accounts in the General Ledger properly balanced/closed off. Where necessary show calculations in brackets to earn part marks Purchases Account Trading Account 2. Calculate the cost of sales 3. Calculate the percentage mark-up achieved on cost 4. How does the real profit on cost price compare to the mark-up of 80% that the company uses to mark their goods up. What could be the possible reasons for this and should they be concerned? Information The information below was extracted from the accounting records on 28 February 2021. Inventory (1 March 2020) Sales Purchases Carriage on purchases Carriage on sales Debtors Allowances No entries were made for the following transactions: Goods returned to creditors R17 380 at the end of the accounting period were not recorded. The goods were returned before the stock account took place ● ● • 82 800 504 840 280 240 6 160 1 025 15 420 ● The owner took inventory for her own use on 26 February at cost price R1 340 before the stock count took place An invoice for stock purchased on credit on 26 February 2021 from Thembe Wholesalers was not recorded. The invoice reflected the cost price of R3460 and the delivery charge of R350 The physical stock count on 28 February 2021 was R76 900 A debtor returned goods with a selling price of R576 which he did not order. The goods were placed back in stock.
Answers
The cost of sales is R275 920.
The percentage mark-up achieved on cost is 79.6%.
How to explain the detailsCost of Goods Sold can be calculated by specifying the following measures: Opening Inventory of R82 800, Purchases of R280 240, Carriage on Purchases of R6 160, Good Returned to Creditors of R17 380 as well as Closing Inventory of R76 900. Upon evaluation of these values, COGS totals R275 920. This illustrates that the overall cost of sales is R275 920.
Consequently, Gross Profit, which is the difference between Cost of Goods Sold (R275 920) and Net Sales (R219 465), produces a percentage mark-up of 79.6%. Therefore, the mark-up achieved on cost amounts to 79.6%.
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Dolan Company reports its income from investments under the equity method and recognized income of $25,000 from its investment in Moss Co. during the current year, even though no dividends were declared or paid by Moss during the year. On Dolan's statement of cash flows (indirect method), the $25,000 should:________. A) not be shown. B) be shown as cash inflow from investing activities. C) be shown as cash outflow from financing activities. D) be shown as a deduction from net income in the cash flows from operating activities section.
Answers
Answer:
The answer is B.
Explanation:
The correct option is B.
Dolan company has an investment in Moss which gave him an income(inflow) of $25,000. So on Dolan's statement of cash flow, this transaction will be under 'Cash flow from Investing Activities' and the line item will be:
Cash inflow from Investing Activities - $25,000.
It doesn't matter whether a cash flow is prepared in a direct or indirect manner for Investing Activities or Financing Activities, it only affect Operating Activities.
Given integer variables seedVal, smallestVal, and greatestVal, output a winning lottery ticket consisting of three random numbers in the range of smallestVal to greatestVal inclusive. End each output with a newline.
Ex: If smallestVal is 30 and greatestVal is 80, then one possible output is:
65
61
41
how do I code this in c++?
Answers
If the user does not provide a seed value, the ctime library is used to seed the random number generator with the current time. This guarantees that the random numbers we receive are distinct each time the program is run.
What is meant by Ctime Library?The Ctime library is a library in the C++ programming language that furnishes capabilities for working with time and dates. Obtaining the current time, converting between various time formats, and performing arithmetic on dates and times are all supported by this application. Time and date values can be formatted and printed in a variety of ways using the Ctime library's functions. In general, it is a useful library for C++ programmers who must work with dates and times.
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LearningHub Checkout Assist Assessment (4003
*How does Checkout Assist help me as a colleague?
Clear most ACO interventions remotely
Access an ACO lane with Remote Control
Perform an item or transaction void from the Ironman
Checkout Assist is a replacement for the Green Zone Captain
Answers
The Checkout Assist helps a colleague by "clear most ACO interventions remotely". Thus, Option A is correct.
Checkout Assist is a tool that allows colleagues to remotely clear most ACO (Assisted Check Out) interventions. This can help to streamline the check-out process and reduce customer wait times. Instead of having to call for assistance or leave the check-out area to clear interventions, colleagues can use Checkout Assist to quickly and easily resolve issues remotely.
This not only saves time but can also reduce the potential for customer frustration or delays. By making the check-out process more efficient and effective, colleagues can provide better service to customers and help to ensure a positive shopping experience.
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Q2. The office manager of ABC company has the authority to the whole financial operations. He authorizes activities, controls the company’s expenses, records the company’s transactions, and rarely takes vacation.
The owners of the company are happy with his work since the company is making a profit. You are giving the opportunity to educate the owners about the risk of not implementing internal control. What would be your advice?
Answers
My advice to the owners of ABC Company concerning internal controls affecting the office manager would be as follows:
It is time to promote the office manager. His promotion would relieve him of the responsibilities he handles presently. Promoting him would also enable management to segregate his duties.
Secondly, after implementing the promotion and segregation of duties, management should implement a compulsory annual leave policy. Having a company-wide leave policy bolsters internal controls by preventing and discovering suspicious fraudulent activities.
Thus, if the owners of ABC Company would buy these pieces of advice, they would improve internal controls without offending the hardworking former office manager.
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One instance of a political or legal trend is the maturing of the "Millennials" cohort in
the United States.
True
False
Answers
True. The maturing of the "Millennials" cohort in the United States is an instance of a demographic trend, which can have political and legal implications as this generation becomes a larger portion of the population and gains more influence in society.
What are MillennialsMillennials are a generation of people born between the early 1980s and the mid-1990s or early 2000s, depending on the source. They are also sometimes referred to as Generation Y. Millennials are known for growing up during a time of rapid technological advancement, globalization, and social change.
They are the first generation to have grown up with easy access to the internet, social media, and smartphones, which has shaped their attitudes, behaviors, and worldview.
The values, beliefs, and priorities of the Millennial generation are likely to shape the political and legal landscape in the years to come.
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3. ABC suppliers have an idea that an organization should be in good terms with the community, customers, and potential customers. Explain what public relations is. [2x1] [2]
Answers
Public relations (PR) is the practice of managing the communication between an organization and its various stakeholders, including the community, customers, potential customers, employees, investors, and the media.
The goal of Public relations (PR) is to create and maintain a positive image of the organization in the eyes of its stakeholders, enhance its reputation, and build relationships with key stakeholders.
PR professionals use various tools and strategies, such as press releases, media outreach, events, and social media, to communicate the organization's message and engage with its audiences.
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Check is issued to establish a petty cash fund of $1,000.
The amount of cash in the petty cash fund is now $340. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $383; miscellaneous selling expense, $158; miscellaneous administrative expense, $99. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,000, record the discrepancy in the cash short and over account.) journalize the entries
Answers
Journal entry to replenish petty cash:
Dr Petty Cash $340Cr Cash $340(To replenish petty cash)
Journal entry to record discrepancy in the cash short and over account:
Dr Office Supplies $383Dr Selling Expenses $158Dr Administration expense $99Dr Cash Over and Short $20Cr Cash $660(To record discrepancy in the cash short and over account)
What is replenishment in petty cashReplenishment of petty cash should be recorded based on the cash difference between the established petty cash and the current amount of the petty cash. The item "cash short and over account" will be used to balance these entries.
Particulars Amount
Office supplies $383
Misc. selling expense $158
Misc. administration expense $99
Cash short and over account $20
($660 - $383 - $158 - $99)
Cash $660
($1,000 - $340)
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Which of the following is a question to ask before outsourcing?
a. Are the trainers welcomed by the employees?
b. How much of the training needs to be outsourced
c. Is the training team staffed with skilled learning and design professionals
d. Do our training modules need to change rapidly
Answers
Answer:
The correct answer is B. How much of the training needs to be outsourced
Explanation:
Before outsourcing a training program, ask yourself, "How much of the training needs to be outsourced?" This question is critical since it will assist establish the scope of the outsourcing and whether the entire training program or just specific elements of it should be outsourced.
It will also allow for a more complete study of training requirements, which will aid in the selection of the best outsourcing partner. Additional factors to consider before outsourcing include the availability of competent learning and design professionals in the in-house training team.
The necessity for rapid modifications in training modules, and employee approval of external trainers. Yet, the level of outsourcing remains a concern.
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Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $84,000. However, the building carries a $52,000 mortgage that will be assumed by the partnership. Smart is investing $28,000 cash. The balance of Maxwell's Capital account will be:
Answers
Answer:
$32,000
Explanation:
Calculation for the balance of Maxwell's Capital account
Using this formula
Assets =Liabilities-Owner's Equity
Where,
Liabilities =$84,000
Owner's Equity=$52,000
Let plug in the formula
Assets =$32,000
Therefore the balance of Maxwell's Capital account will be $32,000
explain protocol for conducting research
Answers
Answer:
The protocol is a document that describes how a clinical trial will be conducted (the objective(s), design, methodology, statistical considerations and organization of a clinical trial,) and ensures the safety of the trial subjects and integrity of the data collected.
Specific numbers or times by which individual task can be measured are most likely to be part of which of the following?
A. job evaluation
B. job standard
C. job Description
D. job review
Answers
Answer:
B. job standard
Explanation:
Federal debt now stands at $23 trillion USD. You must pay 5% simple interest on the debt at the end of the year ... and the US Congress over-spent by another $500 billion deficit this year! Calculate the anticipated new Federal debt at the end of the year (type a number expressed in trillions of dollars)
Answers
Answer:
ion know im dumb
Explanation:
What is a household inventory?
A. coverage that protects a residence
B. documentation of personal belongings
C. insurance that covers a specific item
D. additional living expenses
Answers
Common-size percents LO P2 Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 29,076 $ 33,644 $ 34,015 Accounts receivable, net 85,123 60,680 47,668 Merchandise inventory 109,166 80,184 49,287 Prepaid expenses 9,269 8,832 3,857 Plant assets, net 265,161 245,794 215,773 Total assets $ 497,795 $ 429,134 $ 350,600 Liabilities and Equity Accounts payable $ 122,711 $ 71,073 $ 47,205 Long-term notes payable secured by mortgages on plant assets 94,521 96,727 76,708 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 117,063 97,834 63,187 Total liabilities and equity $ 497,795 $ 429,134 $ 350,600
Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)
SIMON COMPANY
Common-Size Comparative Balance Sheets
December 31, 2015-2017
2017 2016 2015 Assets % Cash % Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net % Total assets :% Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Screenshot(Alt + A) Common stock, $10 par Retained earnings % Total liabilities and equity
Answers
Answer:
Simon Company
SIMON COMPANY
Balance Sheets
At December 31 Current Yr 1 Yr Ago 2 Yrs Ago
Assets % % %
Cash $ 29,076 5.8 $ 33,644 7.8 $ 34,015 9.7
Accounts receivable, net 85,123 17.1 60,680 14.1 47,668 13.6
Merchandise inventory 109,166 21.9 80,184 18.7 49,287 14.1
Prepaid expenses 9,269 1.9 8,832 2.1 3,857 1.1
Plant assets, net 265,161 53.3 245,794 57.3 215,773 61.5
Total assets $ 497,795 100 $ 429,134 100 $ 350,600 100
Liabilities and Equity
Accounts payable $ 122,711 24.7 $ 71,073 16.6 $ 47,205 13.5
Long-term notes payable
secured by mortgages
on plant assets 94,521 19 96,727 22.5 76,708 21.9
Common stock,
$10 par value 163,500 32.8 163,500 38.1 163,500 46.6
Retained earnings 117,063 23.5 97,834 22.8 63,187 18.0
Total liabilities and equity $497,795 100 $429,134 100 $350,600 100
Explanation:
a) Data and Calculations:
SIMON COMPANY
Balance Sheets
At December 31 Current Yr 1 Yr Ago 2 Yrs Ago
Assets
Cash $ 29,076 $ 33,644 $ 34,015
Accounts receivable, net 85,123 60,680 47,668
Merchandise inventory 109,166 80,184 49,287
Prepaid expenses 9,269 8,832 3,857
Plant assets, net 265,161 245,794 215,773
Total assets $ 497,795 $ 429,134 $ 350,600
Liabilities and Equity
Accounts payable $ 122,711 $ 71,073 $ 47,205
Long-term notes payable
secured by mortgages
on plant assets 94,521 96,727 76,708
Common stock, $10 par value 163,500 163,500 163,500
Retained earnings 117,063 97,834 63,187
Total liabilities and equity $ 497,795 $ 429,134 $ 350,600
b) The computation of Simon's common size balance sheet enables the comparison and analysis of the relative percentage of each asset, liability, and equity account. The computation takes a line item and divides it by the value of total assets or total liabilities and equity, as the case may be. The resulting decimal value is multiplied by 100 to obtain the percentage.
Who will be the first Trillonare in this world ?
Answers
The person who is expected to become the first Trillionaire is Jeff Bezos, founder, and CEO of Amazon.
According to a study conducted by Comparison, Jeff Bezos could become the world’s first Trillionaire by the year 2026. This prediction was made on the basis of the average percentage of growth of Bezos’ net worth over the last five years. The study also highlighted that Bezos’ wealth has grown by an average of 34% over the last five years. At this rate of growth, his net worth could reach $1 trillion by the year 2026.
However, the current COVID-19 pandemic has had a negative impact on the economy, and Bezos’ net worth has already decreased by over $20 billion since the start of the pandemic. Despite this, it is still possible that Bezos may become the world’s first Trillionaire in the future, but there are also other contenders who could reach this milestone, such as Elon Musk, CEO of Tesla and SpaceX. However, as of now, there is no confirmed Trillionaire in the world.
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What might you do if you are unable to get a credit card? (Select the best answer.)
Pay less attention to your bank balance
Apply for a department store card
Stop accepting government assistance
Make as many cash purchases as possible
Answers
Answer:
Apply for a department store card
Explanation:
Departmental retail stores and a card issuer co-issued issue departmental store cards. The store card may work in the issuing department store only or other related retailers as well. They work like regular credit cards only that they are acceptable in limited places and may have a lower credit limit.
Departmental store cards may be issued to persons with a lower credit score. This makes them ideal for a person who need to build on or improve his credit score. They also provide great savings on huge one-time purchases.
Answer:
correct answer is B
Explanation:
Stiller Corporation incurred fixed manufacturing costs of $24,000 during 2015. Other information for 2015 includes: The budgeted denominator level is 2,000 units. Units produced total 1,500 units. Units sold total 1,200 units. Beginning inventory was zero. The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold. Operating income using absorption costing will be ________ than operating income if using variable costing.
Answers
Answer:
Operating profit using absorption costing will be higher by $3,600 than operating income if using variable costing.
Explanation:
The difference between profit under variable costing and under absorption costing is simply the value of the change in inventory.
Usually, a decrease in inventory would cause profit under absorption costing to be lower . This is so because cost of goods sold would become higher leading to a lower profit . And vice versa
Difference in profit = POAR × change inventory
Predetermined Overhead absorption rate(POAR)
= Estimated overhead/ estimated production unit
= $24,000/2,000 units = $12 per unit
Change in inventory = 1500 - 1200= 300 units
Difference in profit = 300 × $12 per unit = $3,600
Operating profit using absorption costing will be higher by $3,600 than operating income if using variable costing.