Answer: the oil embargo
Explanation:.
In 1973, long lines of cars appeared at American gas stations,-------------. The quantity that a customer could buy as a result of the Arab oil embargo. The embargo was a political decision by several Arab oil-producing countries to cut off oil exports to the United States.
What is oil?Oil, also known as petroleum, is a naturally occurring, complex mixture of hydrocarbons that is found beneath the Earth's surface. It is a thick, viscous liquid that varies in color from yellow to black, depending on its composition.
It is formed over millions of years from the remains of ancient plants and animals that lived in the ocean and were buried by sediment.
The Arab oil embargo led to a severe oil shortage in the United States and other affected countries, which in turn caused long lines at gas stations and skyrocketing prices for gasoline.
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If you discover a data breach you should immediately notify the proper authority and also:.
If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.
What is a Data breach?A data breach refers to a safety violation, wherein sensitive, covered or exclusive records is copied, transmitted, viewed, stolen, or utilized by a person unauthorized to do so. Other phrases are accidental facts disclosure, records leak, facts leakage, and records spill.
therefore, If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.
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Used in noncollusive oligopolistic markets, the practice of a dominant firm to signal upcoming price changes to other firms in the industry is known as:_________
Used in noncollusive oligopolistic markets, the practice of a dominant firm to signal upcoming price changes to other firms in the industry is known as price leader.
What is oligopoly market?This is a market structure, whereby few players are having advantage over others in the same industry.
Oligopoly occurs when most products or services are provided by only a few large companies or business. In other words, it is a market structure where a few large firms dominate an industry; which are airlines, oil and computers.
Here, economy in a country or all around the world is controlled by big business, and therefore small or emerging business cannot compete due to high costs and loyalty of customers to important branches or producers.
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Rachel is walking on a sidewalk next to a road. A FedEx truck strikes Rachel, causing her injuries that result in $120,000 in medical expenses. Rachel is a resident of California, where the accident occurred. FedEx has its principal place of business, and is incorporated, in Delaware. In what court(s) may Rachel sue FedEx
Rachel has the right to seek compensation for her medical expenses and other damages resulting from the FedEx truck accident.
Rachel may sue FedEx in either federal or state court in California, where the accident occurred and where she is a resident. She may also potentially sue in Delaware, where FedEx is incorporated and has its principal place of business. However, it is more likely that she would choose to sue in California due to the convenience of proximity and the fact that the accident occurred there. Additionally, California has a higher likelihood of being favorable towards plaintiffs in personal injury cases. Ultimately, the decision of where to file the lawsuit will depend on various factors such as the laws of each state, the potential damages awarded, and the convenience of the parties involved.
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The terms price and quantity are used when computing direct _____- variance, while the terms rate and hours are used when computing direct ______- variances.
The terms price and quantity are used when computing direct materials variance, while the terms rate and hours are used when computing direct labor variances.
In cost accounting, variances are calculated to analyze the differences between the actual costs incurred and the expected or standard costs. For direct materials, the price variance and quantity variance are calculated to assess the differences in the actual price paid for materials and the quantity used compared to the standard price and quantity.
The price variance is determined by multiplying the difference between the actual price and the standard price by the actual quantity used. It measures the impact of price fluctuations on the overall cost of materials.
The quantity variance, on the other hand, is calculated by multiplying the difference between the actual quantity used and the standard quantity by the standard price. It reflects the impact of variations in the amount of materials used.
Similarly, for direct labor, the rate variance and hours variance are computed. The rate variance assesses the impact of differences in the actual labor rate and the standard rate on labor costs. The hours variance measures the impact of variations in the actual hours worked and the standard hours allowed.
When computing direct materials variances, the terms price and quantity are used, while the terms rate and hours are used when calculating direct labor variances. These variances help in analyzing and understanding the factors contributing to deviations from the standard costs and aid in cost control and performance evaluation.
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corey verbally agrees to sell his small lake cabin to melinda for $25,000 cash. they don't write up a contract, but otherwise all the necessary elements for a valid contract are in place. what's the status of this contract?
The status of the contract in this scenario would depend on the jurisdiction's laws regarding the enforceability of verbal agreements for the sale of real estate.
In many jurisdictions, the sale of real estate typically requires a written contract to be legally enforceable.
This requirement aims to provide clarity, prevent disputes, and protect the rights of both parties involved. However, there are some exceptions and variations in different jurisdictions.
If the jurisdiction recognizes verbal contracts for the sale of real estate, Corey and Melinda's verbal agreement could potentially be binding and enforceable.
In this case, the necessary elements for a valid contract, such as offer, acceptance, consideration (the $25,000 cash), and mutual agreement, are present.
However, it is crucial to note that relying solely on a verbal agreement for a real estate transaction can be risky and may lead to potential complications.
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A newly issued bond has a maturity of 10 years and pays a \( 6.6 \% \) coupon rate (with coupon payments coming once annually). The bond sells at par value. a. What are the convexity and the duration
Given that a newly issued bond has a maturity of 10 years and pays a 6.6% coupon rate (with coupon payments coming once annually), we are to determine the convexity and the duration.
The duration and the convexity of a bond provide an indication of its volatility or sensitivity to changes in interest rates.The duration of a bond is an essential measure of the bond’s sensitivity to interest rate changes. Convexity is another measure that shows how the duration changes with interest rates. The calculation of duration and convexity of a bond is complex and involves high-level mathematical operations.To calculate the convexity and duration of a bond, we will apply the following formulas.Duration (D) = Macaulay duration = ∑(t × Cft)/(B × y)Convexity (C) = ∑(t × t × Cft)/(B × y)²where t = time to each cash flow, Cft = cash flow at time t, B = the bond price, and y = the yield to maturity.The bond sells at par value, so B = $100, and the coupon rate is 6.6%, and so the annual coupon payment will be 6.6/100 * $100 = $6.6.We now calculate the duration and convexity:Duration (D) = (1 × $6.6) + (2 × $6.6) + ... + (10 × $6.6) / ($100 × 0.066) = 7.867 yearsConvexity (C) = (1 × $6.6) + (2 × $6.6)² + ... + (10 × $6.6)¹ / ($100 × 0.066)² = 71.22 years²Therefore, the duration and convexity of the bond are approximately 7.867 years and 71.22 years² respectively.
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based on our discussions, why are some u.s. companies already reporting under ifrs instead of gaap? (a 44) group of answer choices they have a special government contract that requires ifrs reporting. they have a parent company that requires them to report under ifrs. they believe it is coming anyway and they want to get ahead. they have a bank that requires them to report under ifrs.
Based on our discussions, there are several reasons why some U.S. companies are already reporting under International
Financial Reporting Standards (IFRS) instead of Generally Accepted Accounting Principles (GAAP): 1. They have a special government contract that requires IFRS reporting. In some cases, companies may be involved in government contracts that specifically mandate the use of IFRS for financial reporting. This is often seen in industries such as defense, where government entities require uniformity in financial reporting across all contractors. 2. They have a parent company that requires them to report under IFRS. Many U.S. companies are subsidiaries of multinational corporations based in countries where IFRS is the primary financial reporting framework.
These parent companies may require their subsidiaries to align their financial statements with the IFRS standards followed by the parent company, ensuring consistency and comparability across the organization. 3. They believe IFRS adoption is coming anyway and they want to get ahead. The Financial Accounting Standards Board (FASB), which sets GAAP standards in the United States, and the International Accounting Standards Board (IASB), which sets IFRS standards, have been working towards convergence of the two frameworks. Some U.S. companies anticipate that IFRS will eventually become the global standard, and they choose to adopt it early to gain a competitive advantage and be better prepared for future regulatory changes.4. They have a bank that requires them to report under IFRS. In certain situations, U.S. companies may have banking relationships with international banks that have requirements for financial reporting in accordance with IFRS.
These companies must comply with the reporting standards specified by their banking partners to maintain their relationships and fulfill any loan agreements or regulatory obligations In summary, U.S. companies may report under IFRS instead of GAAP due to government contract requirements, parent company directives, anticipation of future regulatory changes, or banking relationships that necessitate IFRS reporting. Each of these reasons reflects specific circumstances that influence a company's decision to adopt IFRS for their financial reporting.
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Most state and local income taxes are either... (insert big wrinkle response here).
A. Progressive or flat
B. Regressive or flat
C. Progressive or regressive
Answer:
Progressive or Flat
Explanation:
I'm pretty sure that is the answer but I am not 100% sure so if it is incorrect i am sorry hope it was helpful!!!
At the majority of state and local level, the income tax rates are usually a progressive or Flat rate.
What is an income tax?This is a form of taxation that is imposed on the income earned by the citizen of a local county, state, country etc
The progressive tax is used based on peoople ability to pay while the flat rate means a general rate for all level of earners.
Therefore, the Option A is correct.
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what are 5 steps that a salesperson should follow when using a suggestion selling technique?
1)no the goods
2)good reputation
3)understand the business
4)cooperate with buyers
5)involve sales girl or boy if needed
When a financial institution makes a real estate loan to a home buyer, the transaction takes place: - When the buyer proves his creditworthiness -Illegally -In a primary market -In a secured environment
Answer:
When the buyer proves his creditworthiness
Explanation:
In simple words, the creditworthiness refers to the ability of a borrower to pay back the loan to the lender at the specified time and interest. While taking loan form a financial institution the home buyer first have to prove that he or she is able to pay back the loan taken.
Thus, from the above we can conclude that the correct option is A.
How does a command economy differ from a mixed market economy?
A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answer:
A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand . A command economy is an economic system where the government has control over the production and pricing of goods and services.
Explanation:
Several months ago, a restaurant developed a new appetizer that is a hit with customers. Many customers go to the restaurant just for the appetizer, and it was at the center of a recent highly positive review by a food critic. Preparation involves common ingredients and average culinary skills but requires a very high oven temperature, which significantly increases utility costs. Several competing restaurants have since added their own version of the appetizer to their menu. Which criterion for assessing capabilities/core competencies is met
Answer:
????? is this a question ????????????????????
Explanation:
Equations
Creative section
3. a) If the sum of two numbers is 10 and their product is 24, find the numbers
Answer:
The answer is 6 and 4.
Explanation:
6+4=10 and 6×4= 24
Answer:
4 & 6
Explanation:
Set the equations:
x + y = 10
x * y = 24
Find the sum pairs of 10:
0 , 10
1 , 9
2 , 8
3 , 7
4 , 6
5 , 5
Find the product of each pair:
0 * 10 = 0
1 * 9 = 9
2 * 8 = 16
3 * 7 = 21
4 * 6 = 24
5 * 5 = 25
In this case, you are trying to find the product of 24, therefore 4 & 6 is your answer.
~
Leading indicators of future financial success include. Multiple choice question. Neither customer satisfaction nor financial measures financial measures such as roi and residual income customer satisfaction measures both customer satisfaction and financial measures
The leading indicators of future financial success can vary depending on the industry and specific circumstances, but generally, both customer satisfaction and financial measures are considered important indicators. Therefore, the correct answer to this multiple-choice question is: Customer satisfaction measures and financial measures such as ROI and residual income.
Customer satisfaction is an important factor in predicting future financial success because it can influence customer loyalty, retention, and repeat business, which in turn can generate more revenue and profits. High customer satisfaction can also indicate that the company is meeting its customer needs and expectations, which is a critical factor in maintaining a competitive edge in the market.
Financial measures such as return on investment (ROI) and residual income are also important leading indicators of future financial success. ROI measures the profitability of an investment relative to its cost and can indicate whether an investment is generating a positive return. Residual income measures the net income generated by an investment after accounting for the cost of capital, and can help determine whether an investment is generating economic value.
Therefore, by monitoring both customer satisfaction and financial measures, companies can get a more comprehensive understanding of their performance and predict future financial success.
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Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
Ginny lives in Denver and loves to eat desserts. She spends her entire weekly allowance on yogurt and pie. A bowl of yogurt is priced at 1.25, and a piece of pumpkin pie is priced at $5.00. At her current consumption point, Ginny's marginal rate of substitution (MRS) of yog Does Ginny's current bundle maximize her utility-in other words, make her as well off as possible? If not, how should she change it to maximize her utility? Ginny's current bundle maximizes her utility, and she should keep it unchanged. Ginny could increase her utility by buying less yogurt and more pie per week. Ginny could increase her utility by buying more yogurt and less pie per week.
Ginny's current bundle does not maximize her utility. She could increase her utility by buying less yogurt and more pie per week. In other words, her marginal rate of substitution (MRS) of yogurt for pie is less than the price ratio of yogurt and pie.
She should reduce her consumption of yogurt and increase her consumption of pie until the MRS equals the price ratio. By doing so, she will be able to maximize her utility. The optimal consumption point occurs at the point where the MRS of goods equals the price ratio of goods.
Therefore, Ginny should adjust her consumption so that the marginal utility of yogurt is equal to the marginal utility of pie. At the optimal consumption point, the consumer spends all their budget and obtains the highest possible level of satisfaction. By consuming more of the good with higher marginal utility and less of the good with lower marginal utility, the consumer can increase their level of satisfaction.
Ginny's current bundle does not maximize her utility, and she could increase her utility by buying less yogurt and more pie per week. In other words, her marginal rate of substitution (MRS) of yogurt for pie is less than the price ratio of yogurt and pie. The optimal consumption point occurs at the point where the MRS of goods equals the price ratio of goods.
Therefore, Ginny should adjust her consumption so that the marginal utility of yogurt is equal to the marginal utility of pie. At the optimal consumption point, the consumer spends all their budget and obtains the highest possible level of satisfaction. Ginny should reduce her consumption of yogurt and increase her consumption of pie until the MRS equals the price ratio.By doing so, she will be able to maximize her utility.
She could increase her utility by consuming more of the good with higher marginal utility and less of the good with lower marginal utility. If she consumes more yogurt and less pie, the MRS of yogurt for pie would increase. If she consumes less yogurt and more pie, the MRS of yogurt for pie would decrease.
Ginny's current bundle does not maximize her utility, and she could increase her utility by buying less yogurt and more pie per week. She should adjust her consumption so that the marginal utility of yogurt is equal to the marginal utility of pie. At the optimal consumption point, the consumer spends all their budget and obtains the highest possible level of satisfaction.
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Define production and productivity. Explain the difference between the two. 2. What do understand by "Plant Design"? Discuss the various factors considered in designing the location of a plant 3.What factors are considered while designing a factory building? Will you prefer an 'L' building or Triangular building? Why. 4. What are some of the factors that cause organizations to redesign their product or services? 5. What is modular design? What are the main advantages and disadvantages? 6. Give several examples of unethical conduct involving products or service design and ethical principles that are violated. 7. How were food producers impacted by the US government's requirement to identify the trans fat content on food label. 8. What are some of the potential benefits of a more formalized approach to forecasting?
1. Production refers to the process of transforming inputs, such as raw materials and labor, into finished goods or services. It involves the activities and resources required to create and deliver products or services to customers. Productivity, on the other hand, measures the efficiency of production by comparing outputs to inputs.
It represents the ratio of output quantity to input quantity and indicates how effectively resources are utilized to generate desired outcomes.
2. Plant design refers to the process of creating and arranging the physical layout of a manufacturing facility or plant. It involves determining the optimal arrangement of machinery, equipment, workstations, storage areas, and other elements to facilitate smooth operations, efficient workflow, and safety. Factors considered in designing the location of a plant include proximity to raw materials, availability of skilled labor, transportation infrastructure, market access, proximity to suppliers and customers, legal and regulatory considerations, and cost factors.
3. When designing a factory building, several factors are typically considered. These include the available land and its shape, the production process and workflow, future expansion plans, access to utilities and services, compliance with building codes and regulations, safety requirements, environmental considerations, ergonomic factors, and overall cost and budget constraints. The choice between an 'L' building or a triangular building would depend on the specific requirements and constraints of the organization, such as available space, desired layout, and operational needs. There is no inherent preference for one over the other, as it ultimately depends on the unique circumstances of the organization.
4. Organizations may redesign their products or services due to various factors, including changes in customer preferences, technological advancements, competitive pressures, market demand fluctuations, regulatory requirements, and the need to improve quality or reduce costs. Other factors could include the introduction of new features or functionalities, addressing customer feedback or complaints, adapting to evolving market trends, expanding into new markets, or aligning with sustainability and ethical considerations.
5. Modular design refers to an approach where a product or system is divided into modules or components that can be independently created, replaced, or modified. These modules are designed to be interchangeable, standardized, and easily integrated into the overall system. The main advantages of modular design include increased flexibility, ease of customization, simplified maintenance and repair, faster product development cycles, and cost savings through economies of scale. However, some disadvantages can include higher initial costs, increased complexity in managing interdependencies between modules, and potential compatibility issues if standards are not followed consistently.
6. Examples of unethical conduct involving product or service design include intentionally deceptive packaging or labeling, deliberate omission of important safety information, knowingly designing products with planned obsolescence, failure to perform proper safety testing, infringing on intellectual property rights, and exploiting vulnerable consumer groups. Ethical principles violated in such
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1. ____ includes studying what people want and designing a product's packaging
A.Marketing
B.Management
2.Shopping at Walmart and paying cash for your purchases is a marketing strategy called ____
A.Promotion
B.Pricing
Has two products. financial data for both the products follow: le cadre la bougie units sold 2,200 units 600 units sales price per unit $500 $1,200 variable manufacturing cost per unit 320 750 sales commission (% of sales) 7% 4% verge has two sales representativeslong dash rosemary wilson and maria blanco. each representative sold a total of 1,400 units during the month of march. rosemary had a sales mix of 60% le cadre and 40% la bougie. maria had a sales mix of 80% le cadre and 20% la bougie. based on the above information, calculate rosemary's total contribution to company profits.
Answer:$346,920
Explanation:
Le Cadre La Bougie
Units sold 2200 600
Unit price 500 1200
Sale revenue 1,100,000 720,000
variable cost 320 750
sales Commission 7% 4%
Rosemary sales 840 560
Maria 1120 280
Rosemary sales =(840*500) + (560*1200)
420,000 +672,000= 1,092,000
Cost of goods sold =(320*840) + (750*560)
268,800+420,000 (688,800)
Sales commission (7%*420000)+(4%*672,000)
29,400+26,888 (56,280)
Profit 346,920
According to Kotter, companies manage complexity in all the following ways except _____.
A. planning
B. budgeting
C. lobbying
D. organizing and staffing
E. controlling and solving problems
According to Kotter, companies manage complexity in all the following ways except lobbying. Therefore the correct option is option C.
Other strategies for managing complexity include planning, budgeting, organising and staffing, and regulating and solving problems.
Setting goals, formulating strategies, and assigning resources to attain those goals are all part of the planning process.
Budgeting entails making financial plans and keeping track of spending to ensure that resources are spent efficiently.
Organising and staffing entail the development of structures and processes to ensure that activities are assigned and executed in an efficient manner. Monitoring performance and recognising and addressing issues as they develop are all part of controlling and solving problems.
However, lobbying is not commonly thought of as a technique of dealing with complexity. Lobbying is a political activity in which an attempt is made to influence government policies or decisions, generally by persuasion, advocacy, or campaign contributions. Therefore the correct option is option C.
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Which qualifications are typical for someone working in E-Marketing?
A good teamwork skills, knowledge of search engines and social media
B math skills for calculating prices, good teamwork and physical stamina
C pleasant attitude, critical thinking skills for designing surveys, social awareness
D creative, persuasive, good social skills when dealing with news media contacts
Answer: A good teamwork skills, knowledge of search engines and social media
Answer:
A :)))))))))))
Explanation:
suppose the marginal propensity to save (mps) is equal to 0.25. according to the text, a $100 increase in investment spending will lead to a: please choose the correct answer from the following choices, and then select the submit answer button. answer choices total increase in spending of $100 because an increase in investment spending does not create a multiplier effect. $100 increase in spending in the first round, and a total increase in spending of $250. $50 increase in spending in the first round, and a total increase in spending of $400. $100 increase in spending in the first round, and a total increase in spending of $400.
There will be a $400 increase in equilibrium income due to the marginal inclination to save and the rise in investment spending.
Change in investment spending x Multiplier
Multiplier = 1 / Marginal propensity to save = 1 / 0.25 = 4
Change in equi. income = 100 x 4 = $400
The marginal inclination to consume assesses how much a customer will spend or save in response to an overall wage increase. If someone's income increases, what proportion of that increase will they spend, to put it another way. Because consuming needs are met and more money may be saved, greater incomes frequently show lower marginal inclination to consume. Investing spending means Funds used to purchase capital goods or items required for the creation of capital, goods, or services. Purchases of equipment, real estate, raw materials for production, or infrastructure may be considered investments spendings.
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What things might limit the supply in this situation?
Price, the number of providers, the level of technology, government subsidies, climatic conditions, and the availability of labor to create the commodity are some of the variables that will affect supply.
What are the limitation of supply?Even though the price level is extremely low, the seller will attempt to sell more if he anticipates that the price of the commodity would decline in the near future. On the other hand, even if the price level is high, the seller will not make any more sales if he anticipates a future increase in the price of the product. It goes against supply-side economics.
Demand and supply analysis in the economy has its limitations. For instance, the study makes the assumption that other economic parameters will remain constant. Furthermore, it suggests that the demand and supply analysis cannot be applied to the economy if the variables are not constant.
Thus, Price, the number of providers, the level of technology, government subsidies are some of the variables that will impact supply.
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3. Renata sold her interest in a partnership for $31,000 cash when her outside basis was $18,000. She was relieved of her $29,000 share of partnership liabilities. What is Renata's realized value from the sale of her partnership interest? a. $31,000 b. $42,000 c. $47,000 d. $60,000
Renata's realized value from the sale of her partnership interest is $47,000.
The realized value from the sale of a partnership interest is calculated by adding the cash received from the sale to the relief of liabilities. In this case, Renata sold her interest for $31,000 cash and was relieved of $29,000 of partnership liabilities.
To determine the realized value, we add the cash received ($31,000) to the relief of liabilities ($29,000), resulting in a total of $60,000. However, we need to consider Renata's outside basis, which was $18,000. The outside basis represents the tax basis of her partnership interest.
Since the realized value cannot exceed the outside basis, we take the lower of the two amounts, which is $18,000. Therefore, Renata's realized value from the sale of her partnership interest is $18,000.
The correct answer is option (c), $47,000. This is because the realized value is the sum of the cash received ($31,000) and the relief of liabilities ($29,000), which amounts to $60,000. However, since the realized value cannot exceed the outside basis ($18,000), the realized value is limited to $18,000. Hence, Renata's realized value from the sale of her partnership interest is $18,000.
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a company recorded a total of $1,200 in depreciation. if $900 is for manufacturing equipment and $300 is for office equipment, a total of $ will be recorded as an expense.
The total amount recorded as an expense will be $1,200. Depreciation is an accounting method used to allocate the cost of an asset over its useful life.
In this case, the company recorded a total of $1,200 in depreciation, with $900 allocated to manufacturing equipment and $300 allocated to office equipment.
To find the total amount recorded as an expense, we add up the depreciation for both manufacturing equipment and office equipment. Therefore, the total amount recorded as an expense will be $900 + $300 = $1,200. This means that the company's financial statements will reflect a $1,200 expense due to the depreciation of their assets.
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The SmartArt icon will allow you to include which of the following on a slide?
I think the answer is Graphs, I hope this helps
On December 1, Home Store sells a mower (that costs $260) for $560 cash with a one-year warranty that covers parts. Warranty expense is estimated at 12% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $39 in materials taken from the Parts Inventory.
Warranty Expense: For the mower it sold on December 1 is $67.20 ($560×0.12).Parts Inventory: Parts Inventory is decreased by $39.
What is Warranty ?Warranty is a guarantee that a manufacturer or seller provides to the consumer, stating that a product will meet certain criteria or specifications. This is typically in terms of quality, performance, and durability. Warranties also provide protection against defects in materials and workmanship. In most cases, a warranty is provided as part of the purchase of a product. It may be included in the form of a written document, or be implied by the seller. The length of the warranty period varies depending on the product, and typically covers repair, replacement, or refund of the purchase price. Some products may even include an extended warranty period.
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How does the words business,product,service,revenue ,expense and profit have an relationship
Answer:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
the problem and solutions both compete with each other . why ?
The problem and solution both compete with each other because they both are opposite in nature.
Why problem and solution compete each other?Problem and solution are two different things from each other, as problem is the undefined way of something that is much negative approach whereas solution is the way of finding the result of something or problem is positive statement.
Thus, because they both are opposite in nature.
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Since the Colorado Rockies baseball team does not have any direct competitor within 500 miles of Denver, it does not need to worry about the competition factor of the external marketing environment.
T/F
False.
Even without a direct competitor within 500 miles, the Colorado Rockies still need to consider the competition factor in the external marketing environment, as there are indirect competitors (e.g. other sports teams, entertainment options) and fans can still follow and support distant teams.
This is because there are indirect competitors such as other sports teams and entertainment options that can draw fans away from attending or supporting the Rockies.
In addition, with modern technology, fans can easily follow and support distant teams, which means that the Rockies must compete not only with local teams but also with teams from other regions.
Therefore, even if there is no direct competition within a certain radius, the Rockies still need to develop effective marketing strategies to attract and retain fans in order to maintain their success and profitability.
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