Partial income statements for Murphy & Murphy (M & M) reported the following summarized amounts:

Quarter 1 Quarter 2 Quarter 3 Quarter 4
Net Sales $ 60,000 $ 59,000 $ 80,000 $ 68,000
Cost of Goods Sold 24,000 26,550 29,050 26,520
Gross Profit $ 36,000 $ 32,450 $ 50,950 $ 41,480

After these amounts were reported, M & M’s accountant determined the inventory at the end of Quarter 2 was understated by $2,950. The inventory balance at the end of the other three quarters was accurately stated.
Required:
Restate the partial income statements to reflect the correct amounts, after fixing the inventory error.

False, Rapid development of the company, Lack of experience in a market, Change in the market environment, Decline of a particular product is not reason of Downsizing: Reasons to abandon products or markets: Effects or business units that are unprofitable or no longer fit the company's overall strategy

Customers will often decide against departing if they have some sense of commitment to a certain brand, product, service or organization. Loyalty normally takes some time to accrue, so organizations find it hard to detect or create loyalty among new customers in particular.

Your reaction could either be optimistic or negative based on past experiences with the company, recent headlines about them and/or views of those within your social circle. Each of these factors donates to the overall image of the organization.

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Geography plays a critical role in global business because it affects the location of resources and the ability to move goods and services.

Resources, such as oil and minerals, are located in specific regions, and businesses must determine whether it is economically feasible to transport these resources to other parts of the world.

The time zones have a significant impact on global business as the exchange of goods and services among countries is hindered when there are time zone variations.

Workdays play a vital role in global business. It’s necessary to determine if the customs and traditions of a country will impact business operations.

Natural harbors are significant for businesses that rely on shipping and transportation.

Transportation costs are higher when the distance between supplier and consumer is greater, which affects pricing and availability. Resources, such as oil and minerals, are located in specific regions, and businesses must determine whether it is economically feasible to transport these resources to other parts of the world.The time zones have a significant impact on global business as the exchange of goods and services among countries is hindered when there are time zone variations.

Due to time zone differences, many companies may be closed when it is necessary to make a call or arrange a meeting. Workdays play a vital role in global business. It’s necessary to determine if the customs and traditions of a country will impact business operations. This includes religious holidays, weekends, and other cultural events. Resources are another important factor in global business.

Businesses must assess the available resources in different countries to determine if there are sufficient resources to support their operations. This includes everything from human resources to natural resources.Finally, natural harbors are significant for businesses that rely on shipping and transportation. These businesses must determine whether the available ports in a country are suitable for their needs and whether the infrastructure is in place to support their operations.

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Answer:

e. peripheral route to persuasion

Explanation:

In order to determine which route to persuasion the car company is using, we must first analyze the customer:

Is the customer motivated to purchase a new car, is he/she thinking and analyzing about buying a new car? ⇒ in this case the answer is yes, so this implies that a central route should be more persuasive. The peripheral route is more effective when convincing passive audiences or consumers.

Is the customer really evaluating the message, or is she just contemplating the ad? ⇒ again in this case, the customer is paying attention to the core message, but will it be able to persuade her?

Is this ad able to persuade the customer and his/her attitude towards the car, is this attribute really important to the customer?  ⇒ this is the most important aspect of the message, and to be honest, the customer didn't pay much attention to environmental issues, so she is probably not going to be persuaded by it. She might say yes, brand X is offering a green car, but she will not value that fact. For this particular customer, this ad represents a peripheral route to persuasion. For this particular customer, a central route would imply a message about the car's design, warranty, price, or mileage.  

The same ad can work differently for other consumers. E.g. a person that is seeking to buy a new car and really values the fact that the car pollutes less, will pay a lot of attention to this ad and will be probably persuaded by it. For this consumer, this ad would follow a central route, not a peripheral route.

The customer after seeing this advertisement will be influenced by the peripheral route to persuasion according to the elaboration likelihood model(ELM).

The elaboration likelihood model of persuasion is a two-pronged approach that describes change in attitude. ELM was founded by Richard E. Petty and John Cacioppo in 1980.

The model aims to describe different approaches to processing motives, why they are used, and their effects on change in attitude.

This ad represents a peripheral route to persuasion. A central route would imply a message about the car's design, warranty, price, or mileage for this particular customer.

The same ad can work differently for other consumers. For example, a person that is seeking to buy a new car and really values the fact that the car pollutes less will pay a lot of attention to this ad and will be probably persuaded by it.

For this customer, this ad represents a peripheral route to persuasion.

Hence, Option e. will be the correct statement.

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Answer:

Explanation:

yes you are correct yes you are correct yes you re correct

Answer:

Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities

Answer:

in my opinion and own words

Explanation:

Business Finance simply means the activity of managing money in financial status especially in companies or government organizations to run a business or activity or also a project so it simply means using Finances to run a business

.(Thank you and sorry)0

Answer:

AR>MR

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WHERE ARE THE OPTIONS.

Statement A is true about the doctrine of employment at will (EAW) -

Until and unless an exception can be demonstrated, courts will rely on employment at will as the default position.

The doctrine of employment at will (EAW) is a legal concept that defines the relationship between employers and employees in the United States. Under this doctrine, an employer can terminate an employee at any time, for any reason, as long as the reason is not discriminatory or in violation of a specific contract or statute.

This means that an employer can fire an employee for any reason, such as poor performance, misconduct, or simply not getting along with the rest of the team. Conversely, employees are also free to quit their jobs at any time, for any reason, without facing legal consequences.

The EAW doctrine is the default rule in most US states unless there is a specific employment contract that outlines the terms and conditions of the employment relationship, such as a collective bargaining agreement or an individual employment contract. However, some states have limited the scope of the EAW doctrine by recognizing certain exceptions, such as implied contracts, public policy exceptions, or good faith and fair dealing exceptions, which provide some level of job security for employees.

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Answer:

$460,900

Explanation:

The computation of the cost of jobs transferred to Finished Goods Inventory is shown below:

= beginning wip + Direct material + direct labor + manufacturing overhead - closing wip

= $17,900 + ($219,000 - $37,200) + ($164,400 - $47,200) + 150% of $117,200 - $31,800

= $17,900 + $181,800  + $117,200 + $175,800 - $31,800

= $460,900

Answer:

marketing is building awareness of your organization and brand to potential customers. Sales is turning that viewership into a profit, by converting those potential customers into actual ones.

Explanation:

Answer:

Net Cash provided (used by) operating activities $139,400

Explanation:

The computation of the net cash provided or used by the operating activities is as follows"

Cash flow from operating activities

Net Income     $132,000  

Adjustments:  

Add Depreciation expense $39,000  

Less: Gain on sale of plant assets ($13,000)  

Add: Decreased in accounts receivables $11,200  

LesS: Increase in inventory ($27,000)  

Less: Increase in prepaid expense ($8,000)  

Add: Increase in accounts payable $5,200  

Net Cash provided (used by) operating activities $139,400

Answer:

a. 11,000 units

Explanation:

Particulars                                                               Amount

Expected Sales (units)                                            12,000 [3000+4750+4250]

Add: Ending inventory                                          18,000

Less; Beginning inventory                                      19,000

Number of units expected to be manufactured 11,000

d. A randomized block design use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types, using combination

By utilising a randomised block design, market research can improve the accuracy of the study's findings. RBD The market research firm should conduct the study using the following design:

In a randomised block design, or RBD, experimental units are divided into equal-sized groups or blocks, and each group is then assigned a treatment at random. The information is shielded from outside influences in this way.

In essence, an RBD is a method for organising every possible combination of variables in order to minimise outside errors. Think of the RBD as a building with floors and apartments, with each combination of elements representing a floor.

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Explanation:

Micro Environnement : Difficult employees

lack of visions and mission

lack of adequate management skills

Market : Competition

Shortage of supply

Macro : Change in income levels

labour restrictions

The challenges of the Micro environment are

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Answer: Perhaps unsurprisingly, individuals without a high school diploma or an equivalent (such as a GED) earn the lowest salary compared to all other education levels: $626 per week, or roughly $32,565 per year. These individuals also have the greatest risk for unemployment, with an average unemployment rate of 8.3 percent.

Explanation: hope this helps

Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.

To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.

You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.

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The correct answer to this open question is the following.

We have no question here. It is a statement. You forgot to include the question. What is it that you want to know?

Although you forgot to include the question we can help you with the following comments.

If Zeke shares the company’s organizational chart with employees during an all-staff meeting, the intention of Zerek is to inform the employees of the structure of the company in order for them to be familiar with the hierarchy of the company.

This is very important so employees know the lines of communication and the different roles people play in the company so they can know who refer to or who to contact in case they need it.

The types of charts in an organization are the Divisional Structure, the Matrix Organizational chart, the Functional Top-Down, and the Flat chart.

Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.

Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.

When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.

In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.

Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.

Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.

The Department of Homeland Security (DHS) oversees the movement of individuals and merchandise across the United States as well as the protection of the national frontiers.

To protect the United States from potential terrorist acts and some other natural calamities, the Department of Homeland Security (DHS) is in charge.

All DHS Units immediately report to the Office of the Secretary under DHS organizational structure. The Secretary and Deputy Secretary, this same Chief of Staff, the Counselors, alongside their separate staffs make up the Office of the Secretary. There is no Component to which this staff is attached.

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Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.

There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.

Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.

Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.

Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.

Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.

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The range between $3 and $27 is three standard deviations away from the mean.

Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.

According to the given information, the population mean is $15, and the population standard deviation is $4.

This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.

Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.

The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.

To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.

The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.

To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.

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Following Is the balance sheet of Baird Company for Year 3: BAIRD COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accurmulated depreciation $ 14,550 7,940 12,620 16,900 165,000 (12,100) $198,910 Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Convnon stock $ 8,570 3,200 4,950 22,020 113,800 46,370 Retained earnings Total liabilities and stockholders' equity $198,910 The average number of common stock shares outstanding during Year 3 was 890 shares.

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.

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Companies go through different phases to reach product/market fit. These phases are the: idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage

Option B

In its most basic form, a product's "market fit" refers to the extent to which it fits the demands of a significant target audience. It has been known for a long time that this is the first phase in the process of developing a successful business in which the firm meets early adopters, receives feedback, and determines interest in its product.

In other words, the product-market fit also describes a scenario in which a firm's target customers are buying, using, and telling others about the company's product in numbers large enough to sustain that product's growth and profitability. This can be achieved when the product is tailored to meet the needs of the target customers.

In a nutshell, product-market fit is defined by Marc Andreesen, the man who is credited with creating this idea, as the process of locating a suitable market together with a product that is able to fulfill the requirements of that market.

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Answer:

The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. Increases in the price level will increase the price that producers can get for their products and thus induce more output. ...

Hershel's sale of this right is b. an assignment.

In an assignment:

Hershel is the assignor in this scenario as they transferred rights they had on Runway Retail Inc. by means of a sale. Sade is therefore the assignee here because they received these rights.

In conclusion, this is an assignment because it has the features of an assignment.

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Options for this question include:

a. a delegation.

b. an assignment.

c. prohibited.

d. a third-party beneficiary contract.

Option b is the correct option.

Webmax Inc. produced and marketed cameras. After considerable research and development, they developed a new digital camera that had an array of new features. Webmax was so sure about the new offering that they even reduced their marketing budget.

The orientation that Webmax Inc. has toward the marketplace is a product orientation. They have developed a new digital camera with an array of new features and are confident that it will be successful in the market. By reducing their marketing budget, they are relying on the strength of their product to sell itself. This approach is characteristic of a product orientation, which prioritizes the development of high-quality products over other aspects of the marketing mix such as promotion and pricing.

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We can deduce from this that D: "the opportunity cost of "LeBron James" attending college was very high".

Opportunity cost refers to the cost of an alternative that must be forgone in order to pursue a certain action or decision. In LeBron James' case, the opportunity cost of attending college was very high because he had the chance to turn professional and play in the NBA right away, which would have been a once-in-a-lifetime opportunity. By choosing to pursue a professional basketball career instead of attending college, LeBron James had to forego the benefits of a college education, such as the acquisition of new knowledge, networking opportunities, and potential long-term earning potential.

However, the potential earnings and benefits of a successful professional basketball career likely outweighed the opportunity cost of not attending college.

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Answer:

Operational

Explanation:

Operational is the answer