What are the top three expenses the government pays for with our tax dollars?.
Answers
The government collects taxes from citizens in order to finance and fund a wide range of government activities and expenses. Some of the top expenses that the government pays for with our tax dollars are education, healthcare, and defense.
Education is a top priority for most governments around the world, as it plays a vital role in shaping the country's future. The government uses tax money to fund schools and universities, providing students with the necessary educational resources to succeed in their academic careers. Healthcare is another major expense that the government pays for with our tax dollars. In many countries, the government is responsible for providing universal healthcare to all citizens, regardless of their income level or ability to pay. This ensures that everyone has access to quality healthcare services when they need them most.
Defense is yet another major expense that the government pays for with our tax dollars. In most countries, the government is responsible for maintaining a strong military presence, ensuring the safety and security of its citizens. This includes funding for weapons, equipment, training, and the salaries of military personnel.Overall, these three expenses - education, healthcare, and defense - are some of the most important government expenses that are paid for with our tax dollars.
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Related Questions
Which one of these items is NOT a processed material?
O Paper
O Steel
O Sand
O Glass
Answers
Paper was originally tree, steel was metal, glass was heated to become glass
New oil is reserves are discovered. What has increased in supply.
A CAPITAL
B ENTERPRISE
C LABOUR
D LAND
Answers
The correct answer is D. Land
Explanation:
In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.
what should susan three main talking points be to convince her mom that she should file her own tax return
Answers
Susan's three main talking points to convince her mom that she should file her own tax return could be:
Independence and ControlPotential SavingsCompliance and AccuracyWhy is filing one's own tax important ?By filing her own tax return, Susan's mom will gain autonomy and possess a greater influence over her finances. Moreover, she might be capable of enforcing economies on the fees for professional tax preparation which normally would have been paid to an accredited accountant.
Additionally, by filling in her own tax return, Susan's mom is ascertained to abide by the guidelines of taxation regulations, and can ensure that she has precisely stated her income as well as reimbursement lawfully.
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which is an example of a property tax
a) 5% charged on purchases of ordinary goods
b) 20% charged in imported goods
c) 10% charged on each gallon of gas
d) 0.5% charged on the value of a home
Answers
Answer:
d. 0.5% charged on the value of a home
Explanation:
property tax relates exclusively to the property itself
Answer:
D)
Explanation:
0.5% charged on the value of a home
how can value added production benefit south african economy
Answers
The value added production can benefit South African economy because it helps to improve its product quality and led to increase GDP.
What is a value added production?This refers to any process that creates a product into a more valuable product. For instance, if a farmer can turn her products into an advance product and sell it at a higher price, he had achieved a value added production.
By creating or supporting a value-added production facilities is one way communities or societies are reinvesting in their agricultural roots and committing to stronger, local economies.
Hence, the value-added production essentially means those process that creates a product into a more valuable product.
In conclusion, the value added production can benefit South African economy because it helps to improve its product quality and led to increase GDP.
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What is the term for a legally-binding document outlining the terms and conditions of a business transaction?
Answers
Answer:
A contract.
Explanation:
View the Amortization Table and use it to answer each question. According to the chart, Demarco and Tanya will pay a total of in interest over the life of their loan. This means their total cost, including the purchase price, is approximately . This amount is than what they would pay in total using the fixed-rate mortgage.
Answers
Answer:According to the chart, Demarco and Tanya will pay a total of
✔ $195,104
in interest over the life of their loan.
This means their total cost, including the purchase price, is approximately
✔ $365,104
.
This amount is
✔ higher
than what they would pay in total using the fixed-rate mortgage.
Explanation:
MAKE THIS THE BRAINLY
Answer:
According to the chart, Demarco and Tanya will pay a total of
✔ $195,104
in interest over the life of their loan.
This means their total cost, including the purchase price, is approximately
✔ $365,104
This amount is
✔ higher
than what they would pay in total using the fixed-rate mortgage.
Explanation:
I took this and these were the correct answers. :)
tech talent & personnel, inc., is a corporation. tech talent’s implied powers enable it to
Answers
A company is tech talent & employees, Inc. The inferred abilities of tech talent allow it to prospectus.
A group of people with a common goal who may be either natural, legal, or a combination of the two is referred to as a corporation, which is commonly shortened as "co. To accomplish clearly defined goals, the company's staff works together for a single cause. The many different forms that businesses can take include nonprofit organizations, nonprofit associations, for-profit businesses, financial institutions, banks, programs, and educational institutions, to name just a few. A company may be legally recognized as a separate entity through incorporation, which limits the company's liability as long as its members uphold the terms of the publicly disclosed incorporation or published policy. It may be necessary to liquidate a business after it has shut down in order to pay off debts.
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What is the reason for putting yourself on a budget?
A. To prevent yourself from paying compound interest
OB. To earn a high level of return on your investments
C. To make sure that your earning potential is as high as possible
O D. To keep your expenses below your income
Answers
Answer: D. To keep your expenses below your income
Answer:
Do. to keep your expenses below your income
27. Many organizations do not have a formal trouble reporting system. Why do you think this is the case?
Answers
Many organizations may not have a formal trouble reporting system for several reasons. One primary factor could be a lack of awareness regarding the benefits of such a system. Organizations might underestimate the importance of tracking and resolving issues in a systematic manner, which could lead to inefficiencies and dissatisfaction among employees and stakeholders.
Another reason could be the perceived complexity and cost associated with implementing a formal trouble reporting system. Organizations might assume that setting up such a system requires significant resources, both in terms of time and financial investment. This perception might discourage them from establishing a systematic approach to handling issues. Additionally, some organizations may rely on informal methods of reporting trouble, such as personal communication or ad hoc meetings, believing that these are sufficient for addressing problems. In reality, these methods may not be as effective as a formal system in terms of providing transparency, accountability, and traceability. Lastly, organizational culture and resistance to change could also play a role. Employees and management might be accustomed to existing processes and resistant to adopting new systems, especially if they believe that current methods are working well.
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What is the variable cost of a business if its fixed cost is $8900 and its total costs are $14,000?
Answers
The variable cost of the business is $5,100.
How to determine the variable costTo determine the variable cost of a business, we need to use the formula:
Total cost = Fixed cost + Variable cost
We can rearrange this formula to solve for the variable cost:
Variable cost = Total cost - Fixed cost
Substituting the given values, we get:
Variable cost = $14,000 - $8,900
Variable cost = $5,100
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Answer:
The company's variable cost is $5,100.
Explanation:
Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
Answers
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
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A graphic organizer is a visual representation.
Please select the best answer from the choices provided
•T
•F
Answers
The given statement "A graphic organizer is a visual representation" is True because graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts.
A graphic organizer is a visual representation that helps individuals organize information in a clear and concise manner. This can be in the form of a diagram, chart, or other types of visual aids that make it easier to understand complex concepts or ideas. Graphic organizers can be used in various contexts, such as in educational settings to help students understand and remember important information, or in business, settings to help individuals organize their thoughts and ideas for presentations or reports.
One of the benefits of using graphic organizers is that they make it easier to identify relationships between different pieces of information. By visually organizing data, it becomes easier to see connections and patterns that may not be immediately apparent when looking at raw data. Additionally, graphic organizers can be customized to suit specific needs, making them a flexible tool for a variety of tasks.
Overall, graphic organizers are an effective way to improve information retention and comprehension, making them a valuable tool in both personal and professional contexts. Whether you are a student, educator, or professional, incorporating graphic organizers into your workflow can help you better organize and understand complex information.
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Pat earns $575 per week at her new job. Express her annual salary using the k abbreviation (10k) found in classified ads.
Answers
Pat will receive a annual salary of $29900.
What exactly is a phrase?Mathematical expression is the combination of numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.
Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also be used to denote the logical syntax's operation order and other properties.
Given that Pat's weekly salary at her new position is $575. The yearly wage will be computed.
There are 52 weeks in a year.
52 x 575 equals a yearly salary.
salary = 29900 per year
Pat's annual salary will therefore be $29900.
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(measuring growth) given that a firm's return on equity is percent and management plans to retain percent of earnings for investment purposes, what will be the firm's growth rate?
Answers
If firm’s return on equity is 18 percent and management plans to retain 40 percent of earnings for investment purposes, the firm’s growth rate is 7.2%.
To calculate the firm's growth rate given that its return on equity (ROE) is 18 percent and management plans to retain 40 percent of earnings for investment purposes, you can use the following formula:
Growth Rate = Retention Ratio × Return on Equity
In order to calculate the growth rate, follow these steps:
Step 1: Convert the percentages to decimal form.
ROE = 18% = 0.18
Retention Ratio = 40% = 0.40
Step 2: Apply the formula.
Growth Rate = 0.40 × 0.18
Step 3: Calculate the growth rate.
Growth Rate = 0.072
Step 4: Convert the growth rate back to a percentage.
Growth Rate = 0.072 × 100 = 7.2%
Thus, the firm's growth rate will be 7.2%.
Note: The question is incomplete. The complete question probably is: (Measuring growth) Given that a firm’s return on equity is 18 percent and management plans to retain 40 percent of earnings for investment purposes, what will be the firm’s growth rate.
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crane corporation has collected the following data concerning one of its products: unit selling price $140 total sales 19950 units total unit cost $120 total assets investment $1995000 what is the return on investment (roi) percentage for crane corporation for its product? 14.3%
Answers
The crane corporation's return on investment (ROI) for its product is 16.67%.
Return on investment, also known as ROI, is a mathematical formula that investors can use to analyse their investments and estimate how well one investment has fared in comparison to others. Investors can use ROI to calculate their overall returns on their assets. When developing a business case for a particular proposition, it is common practice to combine several different methodologies, including a computation of return on investment (ROI). An enterprise's overall return on investment (ROI) can be used as a metric to evaluate how effectively a business is handled.
Return on investment (ROI) can be computed as (Net income ÷ Cost of investment) ×100
It is given that selling price per unit is $140 and cost price per unit is $120. Total number of units are 19950.
Thus, total sales = $140×19950 = $2793000
Total cost = $120 × 19950 = $2394000
Thus, net income = $2793000-$2394000 = $399000
It is given that cost of investment = $1995000
Thus, return on investment (ROI) = (Net income ÷ Cost of investment) ×100
= (399000 ÷ 1995000) ×100
= 16.67%
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can i doit without pay
Answers
Answer:
what?
Explanation:
Which of the following is not one of the reasons a company might launch new competitive actions? A. to obtain first mover advantagesB. to improve market positionC. to capitalize on growing demandD. to find new sources of raw materials
Answers
To find new sources of raw materials is not one of the reasons a company might launch new competitive actions. The answer is D.
Launching new competitive actions is a strategic move taken by companies to improve their market position, capitalize on growing demand, obtain first-mover advantages, or respond to competitors' actions. Companies may also launch new competitive actions to expand their product line, increase profitability, or enter new markets. However, finding new sources of raw materials is not typically a reason for launching new competitive actions, as raw materials are typically sourced through existing supply chains or purchased from suppliers.
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Anna Jeter has a sudden urge she couldn't resist to buy a new purse; she was engaging in ________.
Select one:
a. None of these
b. point of purchase stimuli
c. unplanned buying
d. impulse buying
Answers
Anna Jeter's sudden urge to buy a new purse, which she couldn't resist, indicates that she was engaging in impulse buying.
The correct answer is option d: impulse buying. Impulse buying refers to the act of making unplanned purchases driven by immediate desires and emotions rather than careful consideration or premeditation.
Impulse buying often occurs spontaneously, triggered by various factors
such as attractive product displays, limited-time offers, sales promotions, or personal emotional states. In Anna's case, her irresistible urge to buy a new purse suggests that she made the purchase without prior intention or careful thought. Impulse buying can be influenced by psychological factors like excitement, novelty, instant gratification, or a desire to alleviate negative emotions. It is a common phenomenon that can lead individuals to make impulsive purchases that may not align with their long-term needs or financial goals.
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The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex - $20,000
Beatrice - $190,000
Julio - $80,000
Roberta - $60,000
Alex
Beatrice
Julio
Roberta
Answers
Answer:
Beatrice
Explanation: she makes the most money so she has to pay more in tax
Based on the tax rate and the annual income of the people, the person with the higher tax burden is Beatrice.
Flat Rate Tax Refers to when a specific rate of tax is imposed. Leads to those who are paid higher having a higher tax burden. Leads to lower income earners having less money after tax.Beatrice is the highest earner in the group as they earn $190,000. They will therefore have the highest tax burden of $19,000 as opposed to the others who have lower salaries.
In conclusion, Beatrice is correct.
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Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answers
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong
Diamond Construction is an owner-managed entity with contracting revenues of $20 million in 2023. As
construction is a labour-intensive industry, one of Diamond's largest expense accounts is labour and wages. You
are a first-year auditor at Klein and Partners. You have been given the following information regarding the
entity's payroll process for hourly employees at Diamond Construction:
1. The owner-manager is the only person who can authorize the hiring of a new employee.
2. When a new employee is hired, the payroll clerk prepares a new employee package that includes:
• safety orientation
• tax forms
benefits plan enrolment
3. Only the payroll manager has the ability to update the employee master list. This can only be done once the
tax forms, a void cheque with direct deposit information, and the owner's approval have been received. All
forms need to be returned before the payroll manager will update the payroll master list and add any new
employees.
4. Hourly employees are paid biweekly.
5. Hours worked are tracked on time cards. Supervisors fill in the time cards for each individual day and
initial each of the time cards, noting the hours worked.
6. At the end of the pay period, time cards are provided to the payroll clerk, who compiles the total hours
worked and codes the hours to the appropriate job number. Once compiled, the payroll clerk enters the
hours worked per person in the payroll system.
7. The accounting system prepares the direct deposit information based on the rates of pay maintained in the
payroll master list (listing of all authorized staff and approved wage rates). It also calculates the
withholding taxes.
8. This information is transferred to the bank and a record of the transmission is printed and attached to the
front of the payroll run.
9. The payroll module is integrated with the general ledger. The payroll clerk prepares and posts the journal
entry to the payroll expense accounts.
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[3:04 PM, 8/3/2022] Fariya Idrees: 4. Hourly employees are paid biweekly.
5. Hours worked are tracked on time cards. Supervisors fill in the time cards for each individual day and
initial each of the time cards, noting the hours worked.
6. At the end of the pay period, time cards are provided to the payroll clerk, who compiles the total hours
+
worked and codes the hours to the appropriate job number. Once compiled, the payroll clerk enters the
hours worked per person in the payroll system.
7. The accounting system prepares the direct deposit information based on the rates of pay maintained in the
payroll master list (listing of all authorized staff and approved wage rates). It also calculates the
withholding taxes.
8. This information is transferred to the bank and a record of the transmission is printed and attached to the
front of the payroll run.
9. The payroll module is integrated with the general ledger. The payroll clerk prepares and posts the journal
entry to the payroll expense accounts.
10. Pay stubs with payroll details are given to the supervisors for distribution.
11. If an employee is terminated, Diamond just stops paying them as they no longer have time cards submitted.
12. When an employee has been promoted or their job classification has changed, the supervisor will verbally
communicate this to the payroll manager, who will then update the payroll master file. Therefore, source
documentation in employee files will only relate to an employee's original job classification. The rationale
for this was that most job classification changes would only result in an additional dollar or two per hour
paid to the employee.
Required
a. Identify the control strengths of the payroll process at Diamond Construction. For each strength, identify
what the test of that control could be.
b. Identify the control weaknesses of the payroll process at Diamond Construction. For each weakness,
identify the implications of the weakness and recommend how to improve it.
PLEASE ANSWER PART B ASAP THANKS YOU
Answers
Control weaknesses increase the risk of payroll errors, inaccurate payments, and potential fraudulent activities. It also undermines the integrity and reliability of the payroll process, which can impact employee morale and trust in the company.
1. Lack of segregation of duties: The payroll clerk has the ability to update the employee master list, compile total hours worked, and enter hours into the payroll system. This lack of segregation of duties increases the risk of errors or fraudulent activities going undetected.
2. Manual time card tracking: Supervisors fill in the time cards for each day and initial them, noting the hours worked. This manual process is susceptible to errors or manipulation.
3. Lack of documentation for job classification changes: When an employee's job classification changes, there is no source documentation in their employee file. This lack of documentation increases the risk of errors or misunderstandings regarding pay rates
Recommendations to improve the weaknesses: Diamond Construction should implement the following measures:
1. Segregate duties: Assign different individuals to handle tasks such as updating the employee master list, compiling hours worked, and entering hours into the payroll system. Implement a review process to ensure accuracy and detect any errors or irregularities.
2. Implement automated time tracking: Replace manual time card tracking with an automated system that accurately records and tracks employee hours. This will reduce the risk of errors and fraudulent time entries.
3. Document job classification changes: Establish a formal process to document and communicate job classification changes. Maintain accurate records of changes in employee files and ensure that payroll calculations are based on the correct job classifications.
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Who are frequently criticized for not representing the best interests of a manufacturer?
A. trading companies
B. global wholesalers
C. merchant middlemen
D. brokers
E. consumers
Answers
Merchant middlemen are the ones who are frequently criticized for not representing the best interests of a manufacturer.
The middlemen are frequently criticized for not representing the best interests of a manufacturer. They can also be costly, and they may refuse to purchase merchandise that they believe will not sell, causing the manufacturer to lose money. Consumers are not criticized for not representing the best interests of a manufacturer. Consumers are, in reality, the most critical individuals to whom manufacturers must appeal. Without customers, a company would cease to exist. The consumer is the final decision-maker who determines the success or failure of a company.
Therefore, the statement E is incorrect, while C is the correct answer. Merchant middlemen may not represent the best interests of a manufacturer in some cases. The main goal of middlemen is to buy goods from the manufacturer and sell them to retailers or customers at a profit. They play a significant role in the supply chain, but there are some challenges that manufacturers must overcome.
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The following information pertains to Cullumber Company.
1. Cash balance per books, August 31, $7,374.
2. Cash balance per bank, August 31, $7,338.
3. Outstanding checks, August 31, $690.
4. August bank service charge not recorded by the depositor $42.
5. Deposits in transit, August 31, $2,810.
In addition, $2,126 collected for Cullumber Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Cullumber Company
Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.)
Answers
Answer:
Cullumber Company
Bank Reconciliation
August 31, 2022
Cash balance as per bank $7,338
Add: Deposit in transit $2,810
$10,148
Less: Outstanding checks $690
Adjusted Cash Balance $9,458
Cash balance per books $7,374
Add: Electronic fund transfer received $2,126
by bank
$9,500
Less: Bank service charges $42
Adjusted Cash balance $9,458
The depreciation method that does not initially use the residual value in depreciation calculations is the:.
Answers
The Double Declining Depreciation Method is the method of depreciation that does not initially factor in the residual value when calculating depreciation.
What is the Definition of Depreciation?Depreciation is the phrase used to describe the decline in asset value. Due to usage, deterioration, or obsolescence, an asset decreases value over time.
The unit of measurement for this drop is depreciation. A reduction in asset value, or depreciation, can be caused by a number of other factors, such as unfavorable market conditions, etc.
Double declining depreciation method refers to the depreciation process that involved a twofold decline in asset value.
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in the long run, – costs are variable and firms have – control over their costs. in the short run, costs are related to – . in the long run, costs are related to
Answers
In the long run, all costs are variable and firms have complete control over their costs. This means that, in the long run, firms are able to adjust their inputs, production levels, and processes to optimize their costs and improve their profitability.
This is in contrast to the short run, where some costs are fixed and firms have limited control over their costs.
In the short run, costs are related to the level of production, as firms are limited in their ability to adjust their inputs and production levels.
This means that, in the short run, firms may have some fixed costs, such as rent, salaries, or lease payments, that do not vary with the level of production.
Variable costs, such as raw materials or hourly wages, are directly related to the level of production and will increase as production increases.
In the long run, however, firms have the ability to adjust all of their costs, including fixed costs. This means that firms can optimize their operations to minimize their costs and increase their profitability.
For example, firms may be able to invest in new technology, change their production processes, or relocate to a new facility to reduce their fixed costs.
In the long run, costs are related to the scale of production, as firms can adjust their inputs and production levels to optimize their costs.
This means that as firms grow in size, they may be able to achieve economies of scale, which occur when the cost per unit of output decreases as the scale of production increases.
This can be due to factors such as bulk purchasing, specialization, or increased efficiency.
In conclusion, in the long run, all costs are variable and firms have complete control over their costs.
This allows firms to optimize their operations and achieve economies of scale to improve their profitability.
In the short run, some costs may be fixed and firms have limited control over their costs, but variable costs are still related to the level of production.
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Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
Answers
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
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am I correct or not? lmk
Answers
Answer: the answer is actually event marketing I only know that because when I was in normal schooling we played Quizlet all the time
An investor who bases the decision to buy an asset solely on the expected return of an asset is considered to be:________
Answers
An investor who bases the decision to buy an asset solely on the expected return of an asset is considered to be a rational investor or a risk-averse investor.
A rational investor is an individual or entity that makes investment decisions based on careful analysis, logical reasoning, and consideration of all available information. A rational investor seeks to maximize their expected return while minimizing risks. They make investment choices based on objective criteria, such as fundamental analysis, financial models, and market trends, rather than emotions or speculative impulses. Rational investors aim to make informed decisions that align with their investment goals and objectives.
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This paragraph consists of simple sentences:
The company’s research team traveled to Japan last winter. The group wanted to study ancient techniques for preserving documents. The research team had heard a lot about Osaka silk films. The team members visited many places. They found some good examples of wax-coated scrolls. The scrolls were in a library in Osaka. They did not come across any of those traditional silk films.The team members came back to Chicago. They were disappointed. The research team had nothing to show for their efforts.
Revise the paragraph in the space below to vary the syntax.
Answers
Answer: Last winter, the company’s research team members visited Japan. They were eager to explore ancient Japanese techniques for preserving documents. After visiting many places, the team found some fine examples of wax-coated scrolls in a library in Osaka. However, they couldn’t find the famous silk films that they wanted to see. Disappointed, they returned to Chicago .
The given the sentence was the converted the simple sentence was the company as the visited into the Japan as the share the experiences to the last winter.
What is sentences?The term sentence is to define the proper meaning of, to clarify. The sentence is the completeness of to clarify the proper meaning. The grammatical arranged to the represent are the writing style. The language was to convey to the thoughts, ideas, and the share the preferences.
Members of the company's research team traveled to Japan last winter. They were keen to learn about old Japanese document preservation procedures. After investigating numerous locations, the crew discovered some beautiful examples of putty scrolls in an Osaka library. However, they were unable to locate the famed silk films that they desired to see. They returned to Chicago, dissatisfied.
As a result, the given the sentence was the converted the simple sentence was the company as the visited into the Japan as the share the experiences to the last winter.
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