Answers
When a transfer has no effect on fixed costs, to be acceptable to the selling division, the transfer price must
cover the variable costs per unitcover any opportunity costs from lost salescover any lost contribution margin due to the transferMeaning of Transfer Price:
The term "transfer price" or "transfer cost" refers to the cost at which related parties engage with one another, for as when materials or labor are swapped between departments. A transfer occurs within a business from one division to another.
When this occurs, the transfer price should account for any opportunity costs that the transferring division might incur in order to avoid an economic loss.The same benefit of cost avoidance applies to lost contribution margin, which should be compensated as well.To avoid an accounting loss for the division, variable costs must at least be covered.For such more question on transfer money:
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Related Questions
Discuss the challenge created for financial accountants by the presence of uncertainty.
Answers
Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.
The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:
Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.
Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.
Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.
Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.
Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.
This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.
Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.
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Elvira is the CEO of All Things Inc. which employs a matrix structure which is the combination of the ________ and ________ structure. Group of answer choices functional; M-form network; functional M-form; simple simple; functional
Answers
There are different types of organizational structure. She employs a matrix structure which is the combination of the functional and M-form structure.
A matrix organization is known to be a company structure in which teams do report directly to multiple heads. It often differs from classic structure where team members only report to both a project manager and a department head.
A functional organizational structure is known to be a type of business structure that combines employees based on their specialty, skill or related roles.
The multidivisional or M-form firm is known to be a type of an organization where operating authority is given only to divisions set u along either product or geographic lines.
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1). Sid’s Skins makes a variety of covers for electronic organizers and portable music players. The company’s designers have discovered a market for a new clear plastic covering with college logos for a popular music player. Market research indicates that a cover like this would sell well in the market priced at $21. Sid’s desires an operating profit of 20 percent of costs.
Q: What is the company’s profit for each cover using the highest acceptable manufacturing cost? (Remember: Profit = Selling Price – Cost) Show your work.
2). Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos. Market research indicates that these headphones would sell well in the market priced at $149 each. Domingo desires an operating profit of 25 percent of costs.
Q: What is the company’s profit for each set of headphones using the highest acceptable manufacturing cost? Show your work.
Answers
A. the company's profit for each cover using the highest acceptable manufacturing cost is $3.40. and the company's profit for each set of headphones using the highest acceptable manufacturing cost is $36.75.
What is profit?Profit is an amount of money that is earned or gained after subtracting costs, expenses, and taxes from the total income of a business. It is a measure of a company's financial performance and is usually expressed in terms of net income.
1). Profit = Selling Price - Cost
= $21 - Cost
= $21 - (Cost * 0.20)
= $21 - (Cost * 0.80)
= $21 - $17.60
= $3.40
Therefore, the company's profit for each cover using the highest acceptable manufacturing cost is $3.40.
2). Profit = Selling Price - Cost
= $149 - Cost
= $149 - (Cost * 0.25)
= $149 - (Cost * 0.75)
= $149 - $112.25
= $36.75
Therefore, the company's profit for each set of headphones using the highest acceptable manufacturing cost is $36.75.
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Ryan Terlecki organized a new Internet company, CapUniverse, Inc. The company specializes in baseball-type caps with logos printed on them. Ryan, who is never without a cap, believes that his target market is college and high school students. You have been hired to record the transactions occurring in the first two weeks of operations.
a. Issued 2,700 shares of $0.01 par value common stock to investors for cash at $27 per share.
b. Borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years.
c. Paid $1,150 for the current month's rent of a warehouse and another $1,150 for next month's rent.
d. Paid $1,800 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense).
e. Purchased furniture and fixtures for the warehouse for $10,000, paying $3,000 cash and the rest on account. The amount is due within 30 days.
f. Purchased for $3,200 cash The University of Pennsylvania, Notre Dame, The University of Texas at Austin, and Michigan State University baseball caps as inventory to sell online.
g. Placed advertisements on Google for a total of $250 cash.
h. Sold caps totaling $2,300, half of which was charged on account. The cost of the caps sold was $1,500. (Hint: Make two entries.)
i. Made full payment for the furniture and fixtures purchased on account in (e).
j. Received $250 from a customer on account.
Required:
For each of the transactions, prepare journal entries.
Answers
Answer:
Entries and their narrations are posted below
Explanation:
We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.
a. Issued 2,700 shares of $0.01 par value common stock to investors for cash at $27 per share
Dr Cash (2700 x $27) 72,900
Cr Common stock 27
Cr Additional paid-in capital 72,873
b. Borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years.
Dr Cash $68,000
Cr Notes payable $68,000
c. Paid $1,150 for the current month's rent of a warehouse and another $1,150 for next month's rent.
Dr Warehouse rent $1,150
Dr Prepaid rent $1,150
Cr Cash $2,300
d. Paid $1,800 for a one-year fire insurance policy on the warehouse
Dr Prepaid insurance $1,800
Cr Cash $1,800
e. Purchased furniture and fixtures for the warehouse for $10,000, paying $3,000 cash and the rest on account.
Dr furniture and fixture $10,000
Cr Cash $3,000
Cr Account payable $7,000
f. Purchased inventory for $3,200 cash
Dr Inventory $3,200
Cr Cash $3,200
g. Placed advertisements on Google for a total of $250 cash.
Dr Advertisement expense $250
Cr Cash $250
h. Sold caps totaling $2,300, half of which was charged on account. The cost of the caps sold was $1,500.
Dr Cash $1,150
Dr Account receivable $1,150
Cr Caps revenue $2,300
Dr Cost of goods sold $1,500
Cr Inventory $1,500
i. Made full payment for the furniture and fixtures purchased on account
Dr account payable $7,000
Cr Cash $7.000
j. Received $250 from a customer on account.
Dr cash $250
Cr account receivable $250
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external environment’. Do you agree or not? Justify using practical examples (9 marks)
Answers
Answer:
Yes, I agree.
Find explanation below.
Explanation:
The external environment of a business simply refers to the factors found outside the business which can have a profound effect on it. There are basically two types of external environments, namely;
1. The directly interactive which has a direct impact on the business. Examples include, business owners, the customers, contractors, and competitors.
2. Indirectly interactive whose impact on the business is not immediate. Examples include, the political , socio-cultural, economic influences among others.
Practical Examples:
1. Customers play a crucial role to the running of businesses. Managers must take care to listen to the concerns of the customers and attend to their needs urgently. For example, if a customer complains about his dissatisfaction with a style of service, managers should endeavor to address the concern to avoid losing the customer.
2.Political: Government rules and regulations have an impact on businesses because, not adhering to them could lead to sanctions and even closure of the business. Managers must ensure that they heed to and comply with governmental instructions, such as tax payment.
Centrum Services purchased $4,400 worth of equipment. The equipment has an estimated useful life of seven years and a salvage value of $200. Using the straight-line method, the depreciation for the first month is:
Answers
Using the straight-line method, the depreciation for the first month is: $50
Using this formula
Depreciation=(Cost -Salvage value) /Useful life
Where:
Cost=$4,400
Salvage value=$200
Useful life=7 years
Let plug in the formula
Depreciation=[($4,400-$200)/7]×1/12
Depreciation=($4,200/7)×1/12
Depreciation=$600×1/12
Depreciation=$50
Inconclusion Using the straight-line method, the depreciation for the first month is: $50
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MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
Answers
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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conversion costs do not include which of the following costs?
a. Direct Materials
b. Direct labor
c. production
d. all of the above
Answers
Answer:
I am pretty sure the answer is A) direct materials
Explanation:
Conversion cost equals direct labour plus manufacturing overhead
Calculate your month 1 expenses by adding the contents of column 8, your month 1 expenses. What is the total amount?
Answers
The total amount after adding month 1st expenses in the 8th column is 53,900$.
How to find?Lets add all the values in column 8-
= 2000+3000+3500+3250+4700+5575+6500+7500+8375+9500
= 53,900$
Hence, the total amount is 53,900$.
What are those expenses, exactly?Wages, salaries, repairs, rent, and depreciation are all examples of expenses. Profits are calculated by subtracting expenses from revenue. To lessen the tax burden and increase profits, businesses are permitted to deduct certain costs from taxes.
What are costs and expenses?Expenses are ongoing payments, whereas costs are one-time payments. Cost typically appears on the balance sheet, whereas expense appears on the profit and loss statement.
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Aalthough they are quite active in george's life, his parents don't put too many restrictions or demands on him. his parents let him do whatever he wants because they think that the mix of warm engagement and little restrictions will result in a creative, self-assured child. george's parents are exemplifying the parenting style in the framework of diana baumrind's theories on parenting.
Answers
According to the question the situation referred is an example of Authoritative parenting.
Georges's parents don't put too many restrictions or on him. They think that the mix of warm engagement and little restrictions will result in a creative, self-assured child. This mix style is known as authoritative parenting.
What is parenting's primary objective?Three main objectives are shared by parenting styles all around the world: protecting children's health and safety, preparing them for adulthood, and passing along cultural values.
What really is true parenting?A true parent is one who cares for their child, loves them, and pays actual attention to them. Some birth parents are utterly unfit to be parents. Nonetheless, some biological parents treat their children significantly better than their stepparents.
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One reason why invoices and related paperwork should have some indication that they have been processed for payment is to:a. avoid paying for an invoice more than onceb. prevent a request for credit from being submittedc. permit an invoice to be padded in order to account for an inventory coveraged. allow the buyer to compare the EP cost on the invoice with the quoted AP price from the supplier
Answers
One reason why invoices and related paperwork should have some indication that they have been processed for payment is to avoid paying for an invoice more than once. Hence, option (a) is the correct answer.
Invoice processing refers to the whole process of tracking, managing, and maintaining financial records, starting with the purchase order and finishing with the payment of an invoice. Invoices and related paperwork should have some indication that they have been processed for payment to avoid paying for an invoice more than once.
It is important to ensure that invoices are not paid twice because this can result in a waste of resources, especially in large organizations with several employees, vendors, and clients. In addition, an invoice number is assigned by the buyer to each invoice when it is received. This number can be used by both the buyer and the seller to track the invoice and its payment status. The invoice number helps the buyer to identify any invoice that may be paid twice and also helps the seller to track the payment status of an invoice.
In conclusion, a correct option is option (a) because it explains one of the reasons why invoices and related paperwork should have some indication that they have been processed for payment.
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essay question business studies describe the following economic issues hiv and aids piracy strikes porverty
Answers
They are problems that come from social/people and economic/money
Businesses face increased costs of finding/recruiting/training replacements.
• The pool of available skilled workers is getting smaller due to the high rate of HIV
infection.
• The costs of finding replacement employees and recruiting are high.
• Business need to invest money in programmes to educate the workers regarding
Costs such as insurance/retirement funds/health/safety are higher as a result of HIV for
the business.
• Businesses face increased costs of paying benefits like housing subsidies, medical care,
funeral care and pension funds.
• Staff morale might be low as they are concerned about their health thus lowering productivity
what dose persuasive mean?
Answers
Answer:
its a word that means that you're good at convincing people to do things
4. Gardening, Inc., borrowed $94,500 at 11.65 percent ordinary interest for 15 days:
What is the maturity value?
Answers
Answer:
$ 94952.434
Explanation:
94500 x 11.65% divide that by 365 days (1 year) ---A
Multiply that ans. (A) by 15 days ( according to question)
Why does an informal proposal seem like a contradiction?
Answers
On the other hand, informal means casual or relaxed, lacking in formality or structure. Thus, an informal proposal may appear to be an oxymoron because a proposal is expected to be structured, precise, and professional to communicate its intended goals and objectives to its audience.
However, in some cases, an informal proposal may refer to a proposal that is less structured, less in-depth, or less formal. An informal proposal may be used to introduce an idea or concept before a more formal proposal is developed. An informal proposal can also refer to an internal proposal or a proposal made in an informal setting, such as a conversation between colleagues. In these cases, the proposal may be less formal in tone and structure but still convey the main idea or concept proposed.
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3. According to the Theory of Liquidity Preference, a fall in the price level reduces the amount of money that people wish to hold. As a result, falling interest rates stimulates investment spending and aggregate demand. Give an example of this and explain.
Answers
Answer:
The liquidity trap occurs when interest rates are at or close to 0%, but people still hoard cash instead of spending or investing it, hampering monetary ...
Explanation:
An increase in the money supply reduces the equil interest rate for any given price level. Because a lower interest rate stimulates investment spending, ...
Which of the following questions might be asked in a needs assessment for
an employee development program?
Answers
Answer:D
Explanation:
if your asking which is best for employee devolopment you would ask if they have the skills to help your company meet future goals. If they dont have the required skills they will not do anything for your company, so therefor the employee and the company will not develope.
We have created the following Planned Production Orders over the planning period: 120 Product A We have the following Raw Materials on hand and available to be dedicated to these Planned Production Orders: Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers for the following Raw Materials: 50 Product A How many products should we order on New Purchase Orders with our suppliers
Answers
If the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A
Using this formula
Po New product A=Product A Planned Production Orders - Product A Enough Raw Materials to product - Product A Purchased Orders
Where:
Product A Planned Production Orders=120
Product A Enough Raw Materials to product=60
Product A Purchased Orders=50
Let plug in the formula
Po New product A=120-60-50
Po New product A=10
Inconclusion if the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A.
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This was not a necessarily an economically efficient move. The fact that it is scrap wood implies that it is not useful for the company's purposes, i.e., making furniture. It is presumptuous to associate a value of $150,000 or $29,000 to the scrap since there is no market for it and thus no market value can be assigned. There is no rational way to calculate the optimal amount of scrap wood. The manager did not go far enough. The most economically efficient outcome would be to reduce scrap altogether. Even at the reduced amount, the company is literally throwing away $29,000 per year when it could recoup that amount with greater diligence.
Answers
The manager's decision to reduce scrap wood is not economically efficient, and a more optimal outcome would be to aim for its complete elimination.
The manager's decision to reduce scrap wood, as mentioned in the provided excerpt, is deemed not economically efficient. While it is commendable, the most economically efficient outcome would involve completely minimizing scrap production. The fact that the wood is considered scrap implies its lack of usefulness for furniture manufacturing, making it inappropriate to assign a value of $150,000 or $29,000 to it since there is no existing market or ascertainable market value. Additionally, determining the optimal amount of scrap wood to maintain lacks a rational basis. Despite the manager's efforts, the company still wastes $29,000 annually, which could be salvaged through greater diligence. Thus, the recommended course of action is to aim for a total reduction in scrap production to achieve the utmost economic efficiency.In conclusion, while the manager's effort to reduce scrap wood is commendable, the most economically efficient outcome would be to strive for the complete elimination of scrap, minimizing waste and maximizing cost savings for the company.
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How does Tony convince Joel to go swimming in the Vermillion River?
Answers
Answer: Could be from bribing, displaying all of the perks of swimming in the river or describing how much fun it could be
Explanation:
If the value of Enron's stock had not fallen, the special purpose entities perhaps could have continued to operate
indefinitely. Suppose that Enron's stock did not fall, and suppose that its accounting adhered to the letter, if not the spirit,
of GAAP (Generally Accepted Accounting Principles) rules (suppose, that is, that Enron's accounting practices were
allowed by generally accepted accounting rules). In that case, in your view, was there anything wrong with what Enron
did? Explain.
Answers
Without the Enron's stock scandal, the financial system would not have collapsed and there would not have been a flurry of new rules and laws intended to improve the accuracy of financial reporting for publicly traded corporations. So, by concentrating on the economy, earnings will arrive, maintaining a high stock price, and expanding the company.
What were the main factors that contributed to Enron's failure?The main conclusions of this study are that Enron had inadequate corporate governance and a dishonest culture that fostered substantial conflicts of interest and unethical behavior. Mark-to-market accounting and special purpose organizations were employed by Enron to conceal debt from its balance sheet and inflate revenue.
Additionally, while knowing that its publicly declared financial condition was inaccurate, it disregarded internal advice against these activities. A staggering $67 billion of shareholder wealth has been removed from the economy by the simple collapse of Enron stock, which went from more than $90 per share to 50 cents per share in only one year. There will be modest retirements for many Enron employees and ex-employees.
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Please post about a time when your attitude made a positive difference.
Answers
Developing a positive mindset at work can help you achieve success. It has happened for me several times in my career.
One of the instances I'd like to tell is when I was vying for the position of manager in my workplace as an employee.
In a telecom company, I managed the sales department. I had been working there for 7 years with no success; three of the employees put in less time than I did yet managed to get the top position. I was demotivated by the thought that perhaps there is something I am not doing correctly when I repeatedly lost the post to them. Even though my sales figures were strong, luck evaded me in some way.
Since there had been no advancement, it had been ten years. Nonetheless, I never wavered from my commitment to keep trying. I consistently adhered to the fundamentals and worked to become a better seller. My sales started to rise considerably.
Ultimately, the figures were significant enough to turn the proper heads. Finally, I received a promotion, but guess what? It was to the position of Area Retail Head, which is much more important than Manager. While it took ten years, I am still happy with my accomplishments. It's still as delicious as it was before.
Therefore, being positive in all those years, not looking back or getting discouraged paid dividends and made a huge difference in my life.
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which of these is representative of quantitative data
Answers
Joni buys coffee three times a week at the local donut shop is representative of quantitative data. The correct option is A.
Quantitative data consists of numerical quantities that can be quantified and statistically analyzed. In this scenario, the statement specifically mentions Joni's coffee consumption, revealing that she buys it three times a week. The number "three" signifies a quantity that may be calculated and compared. Quantitative analysis of this data can be used to determine average weekly coffee purchases or assess Joni's coffee intake in comparison to others.
Thus, the ideal selection is option A.
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Your Question seems incomplete most probably your complete Question was:
Which of these is representative of quantitative data?
A.Joni buys coffee three times a week at the local donut shop.
B. Andre prefers chocolate cake over vanilla.
C. Georgia prefers floral-scented soaps to sweet-scented soaps.
D. Sammy likes to watch horror movies more than comedy.
Procrastination is not usually a cause of stress and anxiety
Answers
Answer: Nahhh it isn't
Explanation: Im just lazy and dont pay attention in class
Hope u have a good day!
Stress and worry, persistent tension, sleep deprivation, as well as issues at work and in relationships, are all negative repercussions of procrastination. You continue to put off what you need to do while being aware that it isn't in your best advantage to do so.
What is Procrastination?Procrastination is the deliberate act of delaying or postponing something even though one is aware that doing so will have negative effects. It is frequently a common human behavior. It is a typical human experience to procrastinate on mundane tasks or even important ones like going to an appointment, turning in a report for work or school, or talking to a partner about a difficult subject.
Although it is frequently seen as a negative trait since it interferes with productivity and is frequently linked to sadness, low self-esteem, shame, and feelings of inadequacy, it can also be seen as a prudent response to specific demands that could have risky or unfavorable results or necessitate waiting for new information to come in.
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The video title refers to a pay cut for the CEO. What prompted the board of directors to take this action
Answers
The thing that resulted in the board of directors taking the action regarding the pay cut for the CEO is due to A. Unethical actions in regard to a whistleblower's identity.
A whistleblower simply means an individual who can also be an employee for an organization or a government agency that discloses information to the public for wrongdoing.
Based on the complete information, it should be noted that the information illustrated was about Barclay's case study. Based on the information, the pay cut for the CEO wasn't due to the investigation by the Financial conduct authority but rather, due to unethical actions in regard to a whistleblower's identity.
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An entrepreneur approaches you about how to sell her new writing pens to consumers. The pens have a unique benefit— they are more comfortable to use than traditional pens. The entrepreneur is concerned that the retailers she has approached want to buy the pens from her at $10 apiece and then sell the pens in their stores at $18 to consumers. The entrepreneur is dismayed at the extra $8 the retailers are getting and has decided to sell the product directly to consumers for $10. She wants to know your opinion. What do you think? Why? (15pts)
Answers
The entrepreneur's decision become proper to promote the writing pen directly to purchasers for $10.00.
We are required to present an opinion on the entrepreneur's selection to promote the writing pen without delay to clients for $10.00.
The retailer is set to buy the pens for $10.00 a chunk and then sell the pens in their shops for $18.00 to purchasers for their very own gain.
But selling the pens for $18.00 a bit is an excessive amount for the customers to buy and it won't be sold greater thereby decreasing the entrepreneur's pen logo cost.
Consequently, The entrepreneur's choice became right to promote the writing pen immediately to customers for $10.00.
An entrepreneur is a man or woman who creates and grows an enterprise thru innovative ideas. entrepreneurs play key roles in producing profits as they develop their groups. An entrepreneur identifies an industrial need of their network, crafts an enterprise concept, and takes the lead position to start their enterprise.
An entrepreneur generally initiates and operates a new business. simultaneously, they may be answerable for any associated dangers. Entrepreneurship is the technique of beginning a new enterprise that prepares a person for each risk and opportunity. An entrepreneur coordinates the vital requirements of an enterprise.
They make money through capitalizing on an innovative answer for a unique, big-scale need and if, viable, repeating the process by means of imparting additional solutions for added needs.
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What types of home products are manufactured in your locality? Write with examples..
please help
Answers
Explanation:
tell me how I do this question
The kinds of the product apart from food products normally bought by customers for domestic usage could be considered as home products. A further explanation is provided below.
Products such as soap goods, home cleansers, and food packaging things, but not furniture or perhaps even equipment, as well as other similar products, typically not entirely eaten throughout one annum, are much more assurance.The household items using cotton linter encompass healthcare apparel, felt as well as paper of extremely high quality.
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Question 7 of 10
The Better Business Bureau maintains business profiles weighing:
A. the number of legal actions against the number of positive online
reviews a company receives.
OB. the number of stars and reviews a company receives online.
C. the number of unresolved complaints and legal actions against a
company.
OD. the number of employees and employee compensation in a
company
Answers
The Better Business Bureau maintains business profiles weighing by B. the number of stars and reviews a company receives online.
What is Better Business Bureau?It should be noted that the Better Business Bureau builds a foundation of trust for the employee and the consumers to count on.
Here, the Better Business Bureau maintains business profiles weighing by reviewing the number of stars and reviews a company receives online.
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how do you know the people (messengers) delivering the information are credible?
Answers
There are some elements that are checking the author's and the source's credentials and affiliations, Analyze the sources that the author cited, check to see if the source is current and Look at the testimonials and reviews the source has got.
What is delivering the information?Information delivery describes reporting activities such as organized, interactive data distribution and organization. In essence, it refers to the methods used to transfer information from one party to another, whether that party is a client or another individual within a company.
The most common way of disseminating information is through written form. Any type of written information that is meant to be read and comprehended by a readership, such as a blog post, an article, an ebook, or another format, can be used.
Thus, checking the author's and the source's credentials.
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Shelton, Inc. has sales of $435,000, costs of $216,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 35 percent. What is the net income for the firm? Suppose the company paid out #30,000 in cash dividends. What is the addition to retained earnings?
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Answer:
The Income Statement is-
Sales = $435,000
Costs = 216,000
Depreciation = 40,000
EBIT= $179,000
Interest = 21,000
EBT = $158,000
Taxes = 55,300
Net income = $102,700
I have done this question before in my "Money Management" Dual enrolled class.
:)
The corporation distributed cash dividends of $30,000. The resulting net income will be $102,700.
What is the calculation?This is the income statement:
Sales = $435,000
Costs = 216,000
Amount depreciated: 40,000
EBIT= $179,000
Interest equals 21,00
EBT = $158,000
Taxes = 55,300
Profit = $102,700
In finance and business, net income (also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income less its costs of goods sold, depreciation expenses, and amortization, interest payments, and taxes for a given accounting period.
It is calculated as the sum of all revenues, profits, and losses during the period less all expenses, losses, and gains. It has also been described as the net growth in shareholders' equity as a result of a company's operations. It's not the same as gross income, which solely deducts the cost of the things sold from revenue.
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