Let’s practice being creative and innovative. Identify or try to include
elements/ideas which can be something you have done for your courses, while
studying, at home, at workplace or elsewhere as follows:
i. ONE (1) element/idea that can be considered as creative
ii. ONE (1) innovative element/idea.
Answers
Answer:
i
Explanation:
cause you yourself need to be creative it's doesn't matter if you're not creative
Related Questions
Can anyone help me with this worksheet?
Answers
Answer:
Here are the answers i found on Course Hero! Hope this helps. Have a good day! :D
at the best answer for the question
The selling of goods and/or services to a customer is called
A.Service Industry
B.Food Service
C.Purchasing
D.Retail
Answers
Answer:
The correct answer is D. Retail.
Explanation:
Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.
The political candidates keep talking to the citizens about the possibility of a recession what would most likely happen if a country experience a recession
Answers
The thing that would MOST likely happen in this case if a country experiences a recession is D.Businesses will suffer from decreased sales and profits, eventually leading to closure
What is recession ?Recession, in economics, can be described as the downward trend in the business cycle.
Itshouldbe nopted that this can be seen as the decline in production and employment, whereby the incomes and spending of households to decline and as a result of thisthere would be hunger sa well as hardship in the country for this cause.
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missig part
What would MOST likely happen if a country experiences a recession?
A.
Feeling confident in the economy, people will begin to spend money more freely.
B.
Jobs will be more plentiful, and companies will be doing a lot of hiring.
C.
Families will start to purchase larger and more expensive homes.
D.
Businesses will suffer from decreased sales and profits, eventually leading to
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
Answers
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Does the UCC provide for more creative methods to deal with a breach of contract than does traditional common law? Does the common law provide any relief for a breach other than money damages. How could the UCC be characterized, if at all, as providing more flexibility for merchants?
Answers
Answer:
Answer 1 = Absolutely yes.
Answer 2 = Yes.
Answer 3 = Yes, it does provides.
Further explanation is discussed below.
Explanation:
So, in this question, we asked three more questions, which will be answered accordingly.
Q1. Does the UCC provide for more creative methods to deal with a breach of contract than does traditional common law?
Ans: Absolutely yes.
How?
Explanation: Firstly, there isn't any need for the provision of privity of contract in UCC in case, one desires to sue someone. On the contrary, in common law, it is the requirement to have privity of contract if one desires to sue someone.
Additionally, in UCC there are no harsh damages in case of fraud and it permits the buyer or purchaser to preserve a reputable title. While on the other hand in common law, there are harsh damages present.
Lastly, in the case of breach, discharge happens when the contract is destroyed. Contrastingly, lack of practical means leads to discharge of the contract.
Hence, it can be said from the above arguments that UCC does provide more creative ways than common law.
Q2. Does the common law provide any relief for a breach other than money damages?
Ans: Yes
How?
Explanation:
In case a person has breached the contract then he/she will be forced by the authorities to fulfill the terms and conditions of the contract. Moreover, escape from the contract is possible for the person or party who hasn't breached the contract along with harsh punishments for the party who has breached. Lastly, in order to avoid people from breaching again, some liquidation punishments are enforced. Therefore, common law does provide relief other than money damages.
Q3. How could the UCC be characterized, if at all, as providing more flexibility for merchants?
Ans: Yes, it does provides.
How ?
Explanation:
In common law, contracts are very shady and ambiguous on terms and conditions between the merchants which leads to quarrel and disorder. But UCC permits them to come to contract with complete agreement only. Furthermore, common law requires a stated price in the contract however UCC doesn't require this criteria. Additionally, warranty exists in UCC which depends on several factors such as, merchant's promise, merchant's fitness etc.
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answers
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
the cost of quality has two components: the cost of good quality. the costs for good quality are the cost of monitoring and preventing defects. the cost of poor quality are often hidden, hitting customers and departments not immediately related to production. some experts argue that:
Answers
Answer: Quality is never costless because monitoring and prevention have costs
Explanation:
The cost of quality has two parts which are the cost of prevention and the cost of failure. The cost of quality simply refers to the sum of the prevention cost and the cost of failure.
It should be noted that spending more on prevention helps in reducing the cost of failure. According to experts, quality is is never costless because monitoring and prevention have costs.
Hi there !
Topic - Balance sheets
What is a capital expenditure versus a revenue expenditure?
Nonsense = Reported
Please answer A.S.A.P
Thank you
Answers
Answer:
Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period while revenue expenditures are typically referred to as ongoing operating expenses, which are short-term expenses that are used in running the daily business operations.
Flounder Corporation has outstanding 1,700 $1,000 bonds, each convertible into 70 shares of $10 par value common stock. The bonds are converted on December 31, 2020, when the unamortized discount is $26,900 and the market price of the stock is $21 per share.
Required:
Record the conversion using the book value approach.
Answers
Answer:
Dr Bonds Payable 1,700,000
Cr Discount on Bonds Payable 26,900
Cr Common Stock 1,190,000
Cr PIC in excess of Par 483,100
Explanation:
Flounder Corporation Record of conversion using the book value approach
Dr Bonds Payable 1,700,000
(1,700 bonds x $1000)
Cr Discount on Bonds Payable 26,900
Cr Common Stock 1,190,000
(70 shares x $10 x 1,700 bonds)
Cr PIC in excess of Par 483,100
Calculation of PIC in excess of Par
Bonds Payable 1,700,000
Less:
Discount on Bonds Payable (26,900)
Common Stock (1,190,000)
=483,100
Why is it important to use multiple methods of both broadcast and online media advertising?
Answers
Answer: Broadcasting in many ways is the best to get the news out to people about what is happening. Along with what is being advertised to the public.
Explanation: The reason is because it allows for wider exposure to advertise the products and services. People can use TV or video advertisements, newspapers, postcards, flyers, social media posts/streams, or they can even tell people about what they are broadcasting, and the more news that spreads, then the more attention broadcasts and online advertisements they gain! I hoped this helped! :)
Your company experienced 20% percent turnover last year. This means 20 percent of people employed at the beginning of the year were terminated or no longer employed by the year’s end. You know that a year from now you will need to have 40 more people in your company to keep up with increasing customer demand. How many employees should you plan on hiring, assuming turnover remains constant?
Answers
Answer:
48
Explanation:
Employee turnover is the rate at which employees leave a company, whether voluntary or involuntary.
In this company, 20 percent of employees leave every year.
If the company intends to have 40 more workers, it should plan to hire the 40 plus an extra 20 percent.
The company should hire 40 plus 20% of 40
=40 + (20/100 x 40)
=40 +(0.2 x40)
=40 +8
=48
The company should hire 48 workers
For the maintenance of the employee turnover ratio of the company constant there will be a need of employing forty (40) and an additional 20% of the total employees to be hired for the same.
The firm will have to maintain the number of employees in such a way that even if the 20% employees leave the company there shall not be need to employ any such further.
The ratio of calculation of such employee turnover ratio to be kept constant will be simple. It can be calculated using the simple formula that is given below.\(\rm Employee\ turnover\ ratio= employees\ to\ be\ hired + additional\ percentage\ of\ employees\ to\ be\ hired\)
So if we put the values in the formula we get the solution as below\(\rm Employees\ to\ be\ hired= 40+ (\dfrac{20}{100}\ x\ 40)\)
Continuing further
\(\rm Employees\ to\ be\ hired= 40+ 8\)
\(\rm Employees\ to\ be\ hired= 48\)
So the number of employees to be hired for maintaining the turnover ratio to be constant the firm will have to hire 48 in total.Hence, the correct number of employees to be hired for the maintenance of the ratio, the firm will have to employ 48 employees and 8 employees in addition to the 40 employees required each year.
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Those with a ________ personality identify opportunities, show initiative, take action, and persevere until meaningful change occurs, compared to others who passively react to situations. Select one: a. high Mach b. high self-monitoring c. proactive d. type A
Answers
Answer:
The correct answer is letter C
TrustedHelperWhat form of payment is directly tied to a customer's bank account?
O A. Gift certificate
OB. Debit card
OC. Credit card
OD. Cash
Answers
Answer:
1. processing a return
2. debit card
3. $22.68
4. cash drop
5. at a cash register
6. check
7. one $10 bills, five $5 bills, twelve $1 bulls, 8 quarters, 6 dimes, 6 nickels, and 10 pennies
8.cash float
9. one $5 bill, one $1 bill, and 4 dimes
10. the customer still owes $0.05
Explanation:
100% on apex
What is the relative use of each form of a business in the United States and how that has changed over time?
Answers
The relative use of each form of a business in the United States are:
They are used to provide services to peopleThey monitor market trends and use this information to make profitThey allow public ownership through buying of sharesTheir uses have changed over time because:
They are more profit oriented now more than beforeThey help in job creation, etcBusiness is any venture that deals in buying and selling for the primary purpose of making profit.
There are different forms of business in the United States and they include:
Sole Proprietorship. Partnership. Limited Liability Company. Business Corporation.Read more here:
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What makes Tesco so unique compare to other UAE retail business?
Answers
The reason why Tesco is unique compared to other UAE retail business is that Customers of Tesco model can purchase high-quality products that were created by their product team.
What is meant by the retail business?A retail business sells goods and services to customers in modest quantities, either in-person or online. Examples of retail include grocery, clothes, and medicine stores. The definition of the retail industry is: the commercial sector in which products are sold singly or in small quantities.
In contrast to wholesale, which involves selling to businesses or institutions, retail involves selling goods and services to people.
Tesco differs from other retail establishments in the UAE in that its customers can buy high-quality goods that were designed by Tesco's in-house product team.
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]
ces
Assets
Cash
Accounts receivable
Inventory
Buildings
Less: Accumulated depreciation
Total assets
Liabilities and Stockholders' Equity
Accounts payable
Contingent liability
Common stock
Retained earnings
Total liabilities and stockholders' equity
FEDERER SPORTS APPAREL
Balance Sheet
December 31
Amount
2022
$ 2,300,000
1,500,000
2,800,000
11,000,000
(2,000,000)
$ 15,600,000
$ 1,450,000
1,500,000
8,000,000
4,650,000
$ 15,600,000
%
$
Amount
$
2021
800,000
1,200,000
1,700,000
11,000,000
(1,000,000)
$ 13,700,000
1,700,000
8,000,000
4,000,000
$ 13,700,000
%
Answers
The balance sheet for the company is Illustrated below.
How to show the balance sheetThe balance sheet will be:
2022 2021
Amount % Amount %
Assets
Cash $ 3000000 15% $ 980000 5.60%
Accounts Receivable $ 1800000 9% $12,42,500 7.10%
Inventory $3300000 16.5% $19,77,500 11.30%
Building $14,700,000 73.5% $14,700,000 84%
Less : Accumulated Depreciation $(28,00,000) -14.00% $(14,00,000) -8.00%
Total Assets $20,000,000 100.00% $17,500,000 100.00%
Liabilities & Stockholder's Equity
Accounts Payable $19,20,000 9.6% $21,87,500 12.50%
Contingent Liability $18,40,000 9.20% $ - 0.00%
Common Stock $91,00,000 45.5% $91,00,000 52.00%
Retained Earnings $71,40,000 35.7% $62,12,500 35.50%
Total Liabilities & Stockholder's Equity $20,000,000 100.00% $17,500,000 100.00%
2022 2021
Amount Amount Increse /(decrese) %
Assets
Cash $ 3000000 $ 980000 2020000 206.12%
Accounts Receivable $ 1800000 $12,42,500 557500 44.86%
Inventory $3300000 $19,77,500 1322500 66.87%
Building $14,700,000 $14,700,000 - 0%
Less : Accumulated Depreciation $(28,00,000) $(14,00,000) (1400000) 100%
Total Assets $20,000,000 $17,500,000 25,00,000 14.28%
Liabilities & Stockholder's Equity
Accounts Payable $19,20,000 $21,87,500 (267500) -12.22%
Contingent Liability $18,40,000 $ - 1840000 0%
Common Stock $91,00,000 $91,00,000 - 0%
Retained Earnings $71,40,000 $62,12,500 927500 14.92%
Total Liabilities & Stockholder's Equity $20,000,000 $17,500,000 25,00,000 14.28%
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A company decides to diversify a product by creating a new product range. Which stage of the its life cycle is the product most likely in? A company decides to diversify a product by creating a new product range. It is most likely in the stage.
Answers
Answer:
Introduction.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Basically, the introduction stage is the fist stage of a product's life cycle, indicating that it is new in the market. Hence, this stage is typically characterized by low (slow) sales and as such the company (producer) has to invest so much in advertisements, marketing and promotional strategies (campaigns) in order to increase customer awareness.
In this scenario, a company decides to diversify a product by creating a new product range. Therefore, the life cycle stage the product is most likely in is introduction.
An online shopping website sold many email addresses in its database to another firm for a large sum of money. The new firm now has access to data of several customers and can use them to increase its sales. What does the selling of user data highlight?
A.
violating user privacy
B.
cleansing data
C.
classifying customers
D.
applying direct marketing
E.
using multiple data sources
Answers
Answer:
A.) violating user policy
908 25. द्वितीय लेखाविधि तथा विश्लेषण Nuwakot Consultancy was organized on June 2, 2019, by a group of accountants to provide accounting and tax services to small businesses in Kathmandu. The following transactions occurred during the first month of business. June 2 June 5 June 8 June 15 June 17 June 23 June 28 June 29 Received contributions of Rs. 10,000 from each of the three owners of the business is exchange for shares of stock. Purchased a computer system for Rs. 12,000. The agreement with the vendor requires a down payment of Rs. 2,500 with the balance in 60 days. Signed a two-year promissory note at the bank and received cash of Rs. 20,000. Billed Rs. 12,350 to clients for the first-half of June. Paid a Rs. 900 bill from the local newspaper for advertising for the month of June. Received the amounts billed to clients for services performed during the first half of the month. Received and paid gas, electric, and water bills. The amount is Rs. 2,700. Received the landlord's bill for Rs. 2,200 for rent on the office space that Nano Consultancy leases. The bill is payable by the 10th of the following month. Paid salaries and wages for June. The total amount is Rs. 5,670. Billed Rs. 18,400 to clients for the second half. Declared and paid dividends in the amount of Rs. 6,000. June 30 June 30 June 30 Required: (a) Journal entries on the books of Nuwakot Consultancy. (For the transactions entered into during the month. Ignore depreciation and interest expenses). (b) Post the transactions into T-accounts. (c) A trial balance at June 30, 2019.
Answers
1. The Journal Entries on the books of Nuwakot Consultancy for the June Transactions are as follows:
Journal Entries: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:
Cash AccountDate 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
Common StockDate Transactions Debit Credit
June 2 Cash Rs. 30,000
ComputerDate Transactions Debit Credit
June 5 Cash Rs. 2,500
June 5 Accounts Payable Rs. 9,500
June 30 Balance Rs. 12,000
Accounts PayableDate Transactions Debit Credit
June 5 Computer Rs. 9,500
Notes PayableDate Transactions Debit Credit
June 8 Cash Rs. 20,000
Rent PayableDate Transactions Debit Credit
June 29 Rent Expense Rs. 2,200
Accounts ReceivableDate Transactions Debit Credit
June 15 Service Revenue Rs. 12,350
June 23 Cash Rs. 12,350
June 30 Service Revenue Rs. 18,400
Service RevenueDate Transactions Debit Credit
June 15 Accounts Receivable Rs. 12,350
June 30 Accounts Receivable Rs. 18,400
June 30 Balance Rs. 30,750
Advertising ExpenseDate Transactions Debit Credit
June 17 Cash Rs. 900
Utility ExpenseDate Transactions Debit Credit
June 28 Cash Rs. 2,700
Rent ExpenseDate Transactions Debit Credit
June 29 Rent Payable Rs. 2,200
Salaries and Wages ExpenseDate Transactions Debit Credit
June 30 Cash Rs. 5,670
DividendsDate 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
What are the journal entries?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.
Transaction Analysis: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
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The value proposition is____
Answers
Answer:
A value proposition states the: specific benefits a product or service offering provides to a buyer.
Explanation:
A value proposition states the: specific benefits a product or service offering provides to a buyer.
Consider the following potential events that might have occurred to Global on December 30, 2010. Global used $20.9 million of its available cash to repay $20.9 million of its long-term debt. Which of the following statements is correct?
a. Global used $20.9 million of its available cash to repay $20.9 million of its long-term debt.
b. A warehouse fire destroyed $4.8 million worth of uninsured inventory.
c. Global used $5.4 million in cash and $5.5 million in new long-term debt to purchase a $10.9 million building.
d. A large customer owing $3.5 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.
e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 55%
f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.
Answers
Answer:
a. Global used $20 million of its available cash to repay $20 million of its long-term debt.
Explanation:
Josephine owns a large cattle ranch out in Montana. While she enjoys being her own
boss and being able to spend time in the outdoors, she finds it tedious to comply
with regulations pertaining to land management and what else?
healthcare regulations
environmental quality
transportation limitations
advancing technology
Answers
Josephine finds it tedious to comply with regulations pertaining to land management and environmental quality.
What is environmental quality?
"Environmental Quality" refers to a group of environmental traits that have an impact on people and other living things, whether they are general or specific. It is a gauge of how well an environment meets the needs of one or more species, as well as any human need or goal.
Environmental quality refers to both the constructed environment and the natural environment, and encompasses factors like air quality, water quality or pollution, noise levels, and any potential consequences that these factors may have on one's physical and emotional well-being.
"Environmental Quality" refers to a group of environmental traits that have an impact on people and other living things, whether they are general or specific.
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Which of the following is a product-based business?
O hotels
O clothing
o lawn care
O consulting
Answers
Clothing is a product-based business. Thus, option D is correct.
What is a business?Business refers to the activity of creating, purchasing, and reselling goods in order to support oneself financially.
A product-based firm offers tangible items such as apparel or cartons, whereas a service-based company produces a service the consumers require, such as a plumber or advising or making clothes.
Firms add value under a commodity business plan by inventing distinct products to meet specific client demands, and they generate profits by charging a fee for such items. The people will buy the product.
The people were present with the product of the clothes that were present. The person will be based on the clothes that they wear. Therefore, option D is the correct option.
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Explain the positive and negative aspects of entrepreneurship. Draw evidence to support your claim from two other sources.
Answers
Answer:
Advantage #1: A flexible schedule – both in terms of when and where you work. ...
Advantage #3: It's exciting and fulfilling. ...
Advantage #4: The salary makes sense. ...
Disadvantage #1: You wear a lot of hats. ...
Disadvantage #2: You are always at work.
Explanation:
The positive (advantages) and negative aspects (disadvantages) of entrepreneurship are enumerated below:
Control: Entrepreneurship offers the entrepreneur a sense of being in charge and being the captain of the ship. With freedom of control comes increased risk of business failure.Responsibility: The entrepreneur is responsible for her income for life sustenance. There is no more reliance on a period paycheck. The entrepreneur can decide to delight her customers or to scare them away.Flexibility: The entrepreneur enjoys flexibility in work schedule. She works at her own pace. The downside is that your customers dictate when you work. The workload may increase more than your capacity to handle. Thus, flexibility does not happen always until you have established the business properly.Profit-making: As the business makes profits, the entrepreneur is entitled to receive all. When it makes losses, the entrepreneur similarly bears all.Thus, there are numerous benefits in being an entrepreneur. But there are also negative aspects of entrepreneurship.
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Present owners of a network good receivegreater benefits as new buyers purchase the good. How do network externalities help a monopoly retain its market power? By exploiting network externalities, a firm can become a natural monopoly. If there are strong network externalities associated with a good, other goods are poor substitutes for it. Goods with network externalities are more likely to receive a government patent.
Answers
Answer:
How network externalities help a monopoly retain its market power:
By exploiting network externalities, a firm can become a natural monopoly.
Explanation:
In economics, Network externality describes a situation whereby the demand for a product depends on the demand of other consumers buying that product. This implies that the value of the product to the consumer is increased because others are joining as buyers. The present owners of a network product will actually gain more benefits as new buyers purchase the good because the fixed costs of rendering the service or providing the good are not increased with increasing buyers, but remain the same over a relevant range.
This answer wasn't correct last time sadly so I'm not sure how to correctly do the problem. Here's the screenshot detailing it
Answers
Based on the benefits that John Cotton receives from his employer, the taxable benefits for 2021 will be $0.
Which benefits are taxable?Personal protective equipment are tax exempt because they are treated as Medical expenses.
Employer-provided cell phone allowances are not taxable if used for business purposes. Meals are also tax exempt when the employer provides it inside business premises.
No benefit is therefore taxable.
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Northlands is a developed country in Europe; inflation in Northlands has been 4% per annum for each of the
last 3 years. CC Coffee is based in Northlands
CC Coffee was established in the mid-1990s by an entrepreneur who believed that consumers were willing to
pay more for better quality coffee. Coffee drinkers were spending increasing amounts in coffee shops in order
to enjoy good quality coffee while shopping or while commuting to or from work. CC Coffee grew rapidly and
the company now has more than 800 coffee shops throughout Northlands.
CC Coffee was listed on the Nothlands stock exchange in 2005.
CC Coffee works closely with major coffee growers around the world. CC Coffee uses mainly Arabica coffee
beans which are more expensive than other kinds but are very popular with coffee drinkers worldwide. CC
Coffee believes strongly in ethical trading and all of its marketing emphaises fair trading and ethical treatment
of suppliers and staff; this approach has proved popular with employees, customers and investors
In January 2022 all staff received a pay rise of 3.5%
Throughout 2023 CC Coffee upgraded the interiors of each of its coffee shops.
The financial statements of CC Coffee Plc. are provided below:
Statement of Financial Position 2023 2022
As at 31 December £million £million
Non-current assets:
Property, plant and equipment 2,124 1,026
Current assets:
Inventory 304 306
Trade receivables 254 249
Bank 260 265
818 820
Total assets 2,051 1,846
Equity:
Share capital 50 50
Retained earnings 1406 1206
2942 1256
Non current liabilities
Loans 857 619
Current liabilities:
Trade payables 629 590
Total equity and liabilities 2,942 1,846
Statement of profit or loss 2022 2021
For the year ended 31 December £million £million
Revenue 3,050 2,800
Cost of sales (1,555) (1,519)
Gross profit 1,495 1,281
Distribution costs (280) (260)
Administrative and marketing costs (670) (660)
Operating profit 545 361
Finance costs (33) (28)
512 333
Tax (46) (67)
Profit for the year 466 266
The 4 directors of CC Coffee were delighted with the trading results for
2022 and have awarded themselves a bonus of £1 million each.
Required: Prepare a 400 word report to the Board of CC Coffee covering the following:
1. For CC Coffee, explain and calculate the following Ratios for 2023 and 2022: Gross
Profit Margin, Operating Profit Margin, Current ratio, Acid Test, Settlement Period
for Trade Receivables, Settlement Period for Trade Payables, Inventories Turnover
Period.
2. You have been approached by the staff representatives who are requesting a 5%
wage increase for 2023. From the calculations above and drawing on appropriate
HR/Business theory provide a business case for or against a 5% rise in wages and
salaries. Make your recommendation to the board.
Answers
Tο the CC Cοffee Bοard: Ratiο Evauatiοn, the grοss prοfit is divided by saes tο determine the grοss prοfit margin. After subtracting the cοst οf the prοducts sοd, it cacuates the pοrtiοn οf each pοund οf revenue that is sti avaiabe.
What wοud be the οperating prοfit margin?By dividing οperating prοfit by saes, οperatiοna prοfit margin is οbtained. It cacuates the pοrtiοn οf each pοund οf revenue that remains after a οperating cοsts have been paid. In 2023, CC Cοffee's οperating prοfit margin wi be 17.87% (545/3,050), up frοm 12.18% (361/2,800) in 2022. An imprοvement in cοmpany efficiency is indicated by the rising οperating prοfit margin.
Hοw is the current ratiο cacuated?Divide current assets by current iabiities tο get the current ratiο. It gauges a cοmpany's capacity tο pay οff its immediate οbigatiοns. In 2022, the CC Cοffee current ratiο was 1.39 (820/590); in 2023, it is 1.30 (818/629). Because οf the current ratiο's decine, it's pοssibe that the cοmpany may have sοme cash fοw prοbems.
What is the settement periοd οf trade receivabe & payabes?The settement periοd fοr trade receivabes is cacuated by dividing revenue by the cοst οf saes and mutipying the resut by 365. It measures the average number οf days that it takes fοr the business tο pay its οutstanding trade payabes. Fοr CC Cοffee in 2023, the settement periοd was 33 days, whie in 2022 it was 38 days. The decrease in the settement periοd suggests that the business is cοecting mοre quicky.
What is the turnοver periοd?The turnοver periοd is a financia ratiο that measures the average number οf days it takes fοr a cοmpany tο se its inventοry and cοnvert it intο saes revenue. A οwer turnοver periοd is generay better, as it indicates that a cοmpany is seing its inventοry faster and mοre efficienty. It is cacuated by dividing the average inventοry by the cοst οf gοοds sοd per day.
In 2023, CC Cοffee's grοss prοfit margin wi be 49.02% (1,495/3,050), up frοm 45.54% in 2022 (1,495/3,280). The imprοvement in the grοss prοfit margin is a sign that the cοmpany is becοming mοre prοfitabe.
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Help! Which education and qualifications are most helpful for Professional Sales and Marketing careers? Check all that apply.
apprenticeships
high school degree
confidence
leadership
bachelor’s degree
stamina
Answers
Answer:
High School Degree
Confindence
Stamina
Explanation:
got it right
The education and qualifications that are most helpful for professional sales and marketing careers are a high school degree, confidence, and a bachelor's degree.
What is a sale?Sales refer to the activities that are related to the selling or the number of goods sold in a given period.
The education and qualifications are that are most helpful for professional sales and marketing careers.
Therefore, a high school degree, confidence, and bachelor's degree are most helpful for professional sales and marketing careers.
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Nupur Nagpal, after compleftng her M.B.A. stud es, began to help her father, Shri Bhushan Nagpal, in his business. The business with a limited capital investment, was running successfully. All the workers were happy. Nupur wanted to use the modern business techniques in every area of business, namely, purchase, sale, production, finance, etc. In fact, she wanted to implement the methods, which she had studied in her M.B.A., in her business. As soon as she started interfering in the business with her latest techniques, the workers began to protest against her. Looking at the increasing protest against herself, she became disappointed. Ultimately, she gave up her business and started working in another company. In the business such circumstances were created that even her father could not take any balanced decision. Good Workers began to leave the business. The goodwill of the business in the market went on declining. In no time, the liabilities of business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties. Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. (a)To which form of business organization is concerned the above paragraph .
Answers
The above paragraph refers to the proprietorship form of business organization.Proprietorship is the most simple and common form of business organization. Proprietorship is owned, managed, and controlled by an individual who is the sole proprietor of the business.
A sole proprietorship is the easiest and most common type of business to form and dissolve. A sole proprietorship is owned and managed by one person, referred to as the sole proprietor.
Because the proprietorship form of organization is simple to establish, run, and manage, it is a popular choice for small and medium-sized firms.
The business owner has complete authority over the company's operations, as well as all profits and losses. The proprietor has total authority over the company and can make any changes they see fit. There is no distinction between personal and business assets in a proprietorship.
The proprietorship form of business organization has its own set of advantages and disadvantages. Proprietorship is best for small businesses because it is simple to set up, and there is no separate legal entity created.
However, one of the disadvantages of proprietorship is the unlimited liability of the proprietor for the business debts. Nupur Nagpal, after finishing her M.B.A., began to help her father, Shri Bhushan Nagpal, in his business, which was running successfully with limited capital investment.
However, when Nupur tried to incorporate modern business techniques that she learned during her M.B.A., the workers began to protest, which led to a decline in the business's goodwill.
The business's liabilities became many times more than its assets, and Mr. Nagpal died of heart failure due to the pressure exerted on him by the creditors. The business ultimately failed, and it was closed down.
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A MAIN reason cited by American businesses for outsourcing jobs to other countries is the high cost of
A. labor in the United States.
B. building factories.
С. training new workers.
D. shipping products around the world.
Answers
Answer:
The correct answer is A. A main reason cited by American businesses for outsourcing jobs to other countries is the high cost of labor in the United States.
Explanation:
Outsourcing means separating from the organizational structure of the enterprise some functions performed by them independently and transferring them to other entities for execution. This decentralization process is very evident in American companies that produce manufactured goods, which place the primary production processes in other countries such as China, Mexico or Vietnam, among others, to produce their products at a lower cost, given the lower costs. labor (lower wages, lower taxes, less expensive regulations, etc.).
Answer:
The answer is A for E2020
Explanation:
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