Which financial statements reflect the costs of production, explain? what is the difference between operation expense of cost of goods sold?

Answers

Answer 1

The financial statements that reflect the costs of production are the income statement and the statement of cost of goods manufactured. Difference between operation expense of cost of goods sold Operation expenses (OPEX) are expenses associated with a company's regular business operations, such as rent, utilities, salaries, and office supplies.

The financial statements that reflect the costs of production are the income statement and the statement of cost of goods manufactured. These statements are significant to businesses because they provide information about the cost of producing goods sold in order to calculate the cost of goods sold. The cost of goods sold (COGS) is the cost of the goods that a business has sold during a given time period.

Difference between operation expense of cost of goods sold Operation expenses (OPEX) are expenses associated with a company's regular business operations, such as rent, utilities, salaries, and office supplies. Cost of goods sold (COGS), on the other hand, is the direct cost of the goods sold by a business, including the cost of raw materials, labor, and other costs associated with producing the goods. COGS is an expense associated with the cost of making goods, whereas OPEX is an expense associated with running a business. OPEX does not take into account the cost of goods sold, whereas COGS reflects the direct cost of producing the goods sold. COGS is deducted from the revenue to calculate the gross profit, while OPEX is deducted from the gross profit to calculate the net income.

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Related Questions

When attempting to understand the objection the buyer is trying to express, the salesperson should:A. Avoid making assumptions about what the buyer is going to sayB. Engage in active listeningC. Confirm his/her understanding of the objection with the buyerD. All of the aboveE. None of the above

Answers

Option D. All of the above. When a buyer expresses an objection, it is important for the salesperson to listen actively and avoid making assumptions about what the buyer is going to say.

The salesperson should give the buyer their full attention and try to understand the objection from the buyer's point of view. This means not interrupting the buyer or trying to jump in with a solution before fully understanding the objection.

Once the buyer has finished expressing their objection, the salesperson should confirm their understanding of the objection with the buyer. This helps to ensure that both the buyer and the salesperson are on the same page and that the salesperson has a clear understanding of the objection. It also shows the buyer that the salesperson is listening and taking their concerns seriously.

In conclusion, the best approach when attempting to understand the objection the buyer is trying to express is to avoid making assumptions, engage in active listening, and confirm the understanding of the objection with the buyer. This approach will help the salesperson to effectively address the buyer's concerns and ultimately close the sale.

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Mergers and acquisitions associated with conglomeration result
in yet another major trend

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Mergers and acquisitions in conglomeration lead to a significant trend: diversification. By combining different business , companies expand their operations into new industries, creating diverse portfolios and reducing risk.

Mergers and acquisitions (M&A) in the context of conglomeration refer to the consolidation of different companies or businesses into a single entity.

process typically leads to the formation of conglomerates, which are large corporations with diversified business interests across various industries.

One major trend associated with conglomeration through M&A is diversification. By merging with or acquiring businesses operating in different sectors, companies aim to broaden their portfolio of products, services, and markets. This diversification strategy allows them to reduce their reliance on a single industry or market segment, thereby spreading their risks.

Diversification provides several advantages. First, it enables companies to tap into new revenue streams and customer bases. By expanding into different industries, they can reach a broader audience and capitalize on the growth potential of multiple sectors. Second, diversification helps companies hedge against economic downturns or industry-specific risks. If one sector experiences a decline, the overall impact on the conglomerate's financial performance can be mitigated by the strength of other diversified business units.

However, it is worth noting that conglomeration through M&A is not always successful. Integration challenges, cultural clashes, and the management of diverse businesses can pose significant difficulties. Moreover, some argue that conglomerates may become too unwieldy to manage effectively, potentially resulting in decreased operational efficiency and slower decision-making processes.

Nonetheless, the pursuit of diversification through mergers and acquisitions remains a notable trend in the world of business, driven by the desire to expand market reach, reduce risk, and explore new opportunities across multiple industries.

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Do you feel this truck is affordable for Cesar or should he consider other alternatives? Provide at least two reasons supporting your answer

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Where is the information for Cesar?

Which is a characteristic of judging approach

Answers

Answer:

Clarity and Closure

Explanation

Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.

Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.

Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.

An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.

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An automobile company decides to boost the standard of its products and produce more variety into its entire merchandise. the corporate has decided to adopt Industry wide Differentiation.

Industry-wide differentiation may be a technique employed by companies after they diversify their line of products to achieve unexplored sectors of the market and increase their chances of collecting higher revenue. Normally, this practice is dispensed by large entities with enough funds for investment and covering risks. Therefore an automobile company decides to boost the standard of its products and convey more variety into its entire line of products. the corporate has decided to adopt Industry wide Differentiation

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Determining the needed requirements and desired requirements are both part of what project management phase? (a) planning Ob) organizing Oc) monitoring d) adjusting

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(a) Planning. Determining the needed and desired requirements is an essential part of the planning phase in project management, where project managers gather information and define project objectives to establish a roadmap for successful project completion.

Determining the needed requirements and desired requirements are part of the planning phase in project management. During this phase, project managers gather information, define project objectives, and identify the specific requirements that need to be met in order to successfully complete the project. This includes identifying the essential requirements that are necessary for project success (needed requirements) as well as additional requirements that are desirable but not critical (desired requirements). By determining these requirements during the planning phase, project managers can create a roadmap for the project and establish the necessary resources and strategies to meet those requirements.

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According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
o promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance

Answers

Answer:

Got it right on Edge!

Explanation:

According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.developing

Promoting the best use of land and resources and developing plans for growth and renewal are the tasks performed by Urban and Regional Planners.

Who are Urban and Regional Planners?

Among other areas of interest, urban and regional planners may choose to specialise in topics like transportation planning, community development, historic preservation, or urban design. Public servants, civil and environmental engineers, architects, attorneys, and real estate developers are all common collaborators with planners.

Urban and regional planners design land use plans and policies that support the development of communities, population growth, and the renewal of physical infrastructure.

Therefore, the tasks that Urban and Regional Planners perform are promoting the best use of land and resources developing plans for growth and renewal.

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Bell believes that capitalism demands contradictory attitudes toward: a. Saving and spending b. Work and education c. Work and money d. Work and leisure

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Bell believes that capitalism demands contradictory attitudes toward work and leisure (d).

According to Bell's perspective, capitalism imposes conflicting expectations and attitudes regarding work and leisure. In a capitalist system, work is highly valued as it is the primary means for individuals to generate income, achieve economic success, and participate in the market economy. Capitalism emphasizes productivity, competition, and the pursuit of profit, which often leads to a strong work ethic and a focus on maximizing labor output.

However, capitalism also promotes the idea of leisure as a desirable aspect of life. While work is considered essential, capitalism recognizes the importance of leisure for personal fulfillment, relaxation, and enjoyment. Individuals are encouraged to engage in leisure activities, spend their income on leisure pursuits, and seek a work-life balance that allows for leisure time.

Therefore, capitalism simultaneously demands a strong work ethic and a recognition of the value of leisure. This creates a tension between the need to work hard and the desire for leisure and personal fulfillment. Hence, Bell argues that capitalism imposes contradictory attitudes toward (d) work and leisure, as both are considered significant but require individuals to strike a delicate balance between productivity and personal enjoyment.

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You are working on finding x in the diagram above. You come up with the equation: 9y + 7 = 2y + 98. Your friend who has just started Algebra is blown away and doesn't understand how you came up with the equation. Explain to your friend how you found the equation and how to solve it.

You are working on finding x in the diagram above. You come up with the equation: 9y + 7 = 2y + 98. Your

Answers

Answer:

Vertically Opposite angles

Explanation:

Required

Why is

\(9y + 7 = 2y + 98\)

The relationship between 9y + 7 and 2y + 98 is that both angles are vertically opposite

In geometry, vertically opposite angels are equal

In other words, if a and b are vertically opposite angles, then a = b

So, we can say that:

\(9y + 7 = 2y + 98\)

because they are vertically opposite

FILL IN THE BLANK. Monique and her team have identified a problem, defined it, and developed a variety of options. The next step is to _____ each option for its practicality since some options will be discarded because of a lack of resources, legal restrictions, ethical considerations, or other constraints.

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Monique and her team have identified a problem, defined it, and developed a variety of options. The next step is evaluate each option for its practicality since some options will be discarded because of a lack of resources, legal restrictions, ethical considerations, or other constraints.

To evaluate something or someone is to examine or judge its worth, effectiveness, significance, or other attributes. In order to assess something's value or importance, rigorous analysis and examination are required.

The word "assess" can indicate several things depending on the situation. For instance, "evaluate" frequently refers to grading or assessing a student's performance or their work in the academic setting.

"Evaluate" can be used in the context of business to describe determining a company's financial performance or the success of a marketing initiative.

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if you tell your bank within 2 days of learning about fraudulent charges you are responsible for a maximum of

Answers

If you notify your bank within two days of discovering fraudulent charges, you are only liable for up to fifty dollars.

How may I contest a false charge?

erroneous claims: Call the company that issued your credit card, ask them to stop the charges, then ask for a replacement card. Errors in billing If the problem cannot be resolved through communication with the merchant, then try contacting your credit card company to dispute the transaction.

How do you handle unauthorized credit card charges?

Make an immediate call to your bank. It's crucial to tell the bank as soon as you find any unauthorized charges in order to reduce your liabilities (s). The bank might receive your notification verbally, in writing, or by phone.

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Provides a means to clearly show economic relationships in two-dimensional space. Economic analysis is often concerned with two variables confined to the upper-right (northeast) quadrant of the coordinate number system.

Answers

Answer:

Graphs

Explanation:

A graph is a pictorial representation that shows a relationship between two or more variables. In the context of economics, it represents the clearly relationship in two-dimensional space. Also the economic analysis would be concerned with respect to the two variables.

Therefore as per the given situation, the graph should be the answer

Hence, the same is to be considered

A graph is a representation of a relationship between two or more variables in a visual format. It illustrates the clear relationship in two-dimensional coordinate numbers in the context of economics.

What is the coordinate number?

In a complex or coordination compound or a crystal, the coordination number, also known as Ligacy, is the number of atoms, ions, or molecules that a central atom or ion has as its nearest neighbors.

Thus, graphic representation shows the relationships between variables.

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what higher level profession

Answers

What do you mean by that?

3. Describe through the use of T accounts the birth & growth of the Wahoo Bank

Answers

Answer:

Describe through the use of T accounts the birth & growth of the Wahoo Bank is explained below in detailed explanation.

Explanation:

Equipoise T-accounts is one of the more complex and mind gobbling something for many accounting scholars. In this lesson, we're going to discover specifically how to balance a T-account. Surely, by the time you've completed this exercise, this action will be more relaxed for you than ever since. The last portion of the T-account that we require to meet is its amount. An account’s amount is the value of that object at a precise point in time.

In a T-account, we determine the balance of the matter at the origin of the term (month or year) and the conclusion of the period.

Loan Comparison
Loan 1
Loan 2
$5000. 00
$5000. 00
4%
4%
Principal
interest
Rate
Monthly
Payment
$148. 00
$113. 00
Duration
36 months
48 months
A. $328. 00
C. $592. 00
How much money will a borrower using Loan 2 pay in interest over the life of the loan?

Answers

The borrower using Loan 2 will pay $424 in interest over the life of the loan.

Define the term "borrower." someone who accepts something with the intent to return it or something similar. Lender and loaner are synonyms. someone who extends credit or makes loans in commercial situations. Freeloader, etc.  This is the person or business who extends a credit line for a certain amount to a potential borrower, also known as an application. The borrower is obligated to return the loan amount plus any applicable interest within the specified time period.

Using Loan 2, the borrower will pay a monthly payment of $113 for 48 months, which results in a total payment of $113 x 48 = $5,424.

The total interest paid on the loan can be calculated by subtracting the principal from the total payment: $5,424 - $5,000 = $424.

Therefore, the borrower using Loan 2 will pay $424 in interest over the life of the loan.

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All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available

Answers

Answer:

D

Explanation:

customer must be sent a copy of the official statement, if available

In a buyer/agency relationship the broker owes the seller
a. Care.
b. Accounting
c. Obedience
d. Fair and honest dealing

Answers

In a buyer/agency relationship, the broker does not owe the seller any duties, as the broker is only representing the buyer in the transaction.

The broker's duties and obligations are owed solely to the buyer, and include:

a. Care: the broker must exercise reasonable care and diligence in representing the buyer and providing them with accurate and timely information.

b. Accounting: the broker must keep accurate records of all funds and property received on behalf of the buyer, and must account for these funds and property in a timely and accurate manner.

c. Obedience: the broker must obey all lawful and reasonable instructions of the buyer.

d. Loyalty: the broker must act solely in the best interests of the buyer and not engage in any activity that would be adverse to the buyer's interests.

e. Disclosure: the broker must disclose all material facts known to the broker that might affect the buyer's decision to purchase the property.

The broker owes the seller a duty of fair and honest dealing, but only when dealing directly with the seller, such as in negotiations for the sale of the property.

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Read the following descriptions. Decide who demonstrates good habits and attitudes.


Michael likes his job. He decides to take a few finance classes so that he becomes better at his job. This will also help in case he wants to transfer to a new position in the same company.

Bryan thinks he has the best job. He thinks he is already doing the best he can and doesn't do anything to improve his skills.

Answers

Answer:

Michael demonstrates good habits and attitude

Explanation:

Michael likes his job and takes the initiative to do better so he can get a new position,however Bryan is very cocky and doesn't try to get better.

You shorted 210 shares of T for $85. You closed this position when T was trading for \$53. What is the profit (in \$) of this transaction? Ignore the effects of margin.

Answers

The profit from shorting 210 shares of T at $85 and closing the position when T was trading for $53 would be $6,720.

When you short a stock, you borrow shares from a broker and sell them in the market, hoping to buy them back at a lower price in the future. In this case, you shorted 210 shares of T at $85, which means you received $17,850 (210 shares * $85) from selling those shares.

To close the position, you needed to buy back the shares at the current market price. When T was trading at $53, you bought back the 210 shares for $11,130 (210 shares * $53).

To calculate the profit, you need to subtract the initial selling price from the closing buying price. The initial selling price was $17,850, and the closing buying price was $11,130. Therefore, the profit would be $6,720 ($17,850 - $11,130).

It's important to note that this calculation ignores the effects of margin, which is the practice of borrowing money to finance the short sale. In real-world scenarios, margin interest and other fees may impact the overall profitability of the transaction.

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What is product positioning?

Answers

Answer:

Product positioning is a strategic exercise that defines where your product or service fits in the marketplace and why it is better than alternative solutions. The goal is to distill who your audience is, what they need, and how your product can uniquely help. Product positioning is the basis of your marketing story.

Explanation:

What are three elements of negligence?
Actual Harm
Breach of duty
State of mind
Duty of care
Proximate cause
Motive

Answers

Answer:

actual harm

breach of duty

duty to act

Daisy is a senior in college and has a part-time job at a coffee shop. She recently got her first credit
card and can spend up to $4,000. She sees that the expensive 4K TV she has wanted for the past
year is on sale for the next week for $3,500. What is the BEST course of action for Daisy?
O Use her new credit card.
O Use the money in her savings account.
O Get a cash advance from her bank.
O Wait until she has a full-time job.

Answers

wait until she has a full-time job?

Answer:

use her new credit card

_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity

Answers

Answer:

Workforce diversity

Explanation:

Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.

Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.

What are common traits of American business owners, according to the U.S census bureau?

Answers

Answer:

The answer is below

Explanation:

Common traits of American business owners, according to the U.S census bureau are the following:

1. Approximately sixty- four percent of business owners had obtained some college education prior to starting the business

2. Over 60 percent of business owners expended their personal capital or family capital at the initial stage

3. Over fifty percent of the business owners worked overtime, despite having employees

4. Nearly fifty percent of the businesses were home-based.

what do we call a system in which goods are produced, distributed, and consumed?

Answers

A system in which goods are produced, distributed, and consumed is called an economic system.

An economic system is a way of organizing the production, distribution, and consumption of goods and services within a society or country. There are several types of economic systems, including capitalism, socialism, and communism, among others. In a capitalist economic system, goods and services are produced and distributed based on the principles of supply and demand and the pursuit of profit. In a socialist or communist economic system, production and distribution are managed by the state or community in order to ensure that resources are allocated in a fair and equitable manner. The economic system of a society or country can have a significant impact on its overall development, as well as on the standard of living of its citizens.

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What can a boosted post help an advertiser achieve?

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A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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Differentiate among the following.
a. full warranty:
b. limited warranty:
c. implied warranty:

Answers

Full Warranty means the coverage meets the federal minimum standards for comprehensive warranties, while "Limited Warranty" means the coverage does not. ... This is an example of a full warranty. It specifies that the customer has a right to a replacement or a refund if repairs are not possible.

1. A parent company sells land to its wholly-owned subsidiary in 2015, reporting a gain of $35,000. In 2020, the subsidiary sells the land to an outside developer and reports a gain of $60,000. In the 2020 consolidation working paper, the elimination of this transaction will result in: A. A $35,000 decrease in beginning retained earnings B. A $60,000 increase in investment in subsidiary C. A $95,000 decrease in land D. A $35,000 increase in gain on sale of land

Answers

Answer:

Explanation:

A $60,000 increase in investment in subsidiary

What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise

Answers

Answer:

D The number of jobs in marketing is on the rise

Explanation:

The outlook for marketing career opportunities is  The number of jobs in marketing is on the rise. Thus the correct option is D.

What is a Career?

A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.

The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.

Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.

Therefore, option D is appropriate.

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Companies typically prefer sweepstakes to games or contests because:Accentuating the product's valueOffers mass coverage and flexibilitythey can predict the number of winner in sweepstakes

Answers

Companies typically prefer sweepstakes to games or contests because they offer mass coverage and flexibility, accentuating the product's value. Additionally, they can predict the number of winners in sweepstakes, making it easier for them to manage the promotion and its associated costs. All of the options are correct.

Companies typically prefer sweepstakes to games or contests because:

Offers mass coverage and flexibility: Sweepstakes tend to attract a larger audience compared to games or contests. They offer mass coverage and have broader appeal, allowing companies to reach a wider range of participants. Sweepstakes also provide flexibility in terms of entry requirements, allowing for easy participation and broad accessibility.Accentuating the product's value: Sweepstakes can be designed in a way that highlights the value of the company's product or service. By offering the chance to win a desirable prize, companies can generate excitement and interest among consumers, potentially leading to increased brand awareness and customer engagement.Inability to predict the number of winners: In sweepstakes, the number of winners cannot be accurately predicted. This uncertainty adds an element of excitement and anticipation for participants, as they do not know how many winners there will be. This can create a sense of urgency and encourage more people to participate in the hopes of being a winner.

While companies cannot predict the exact number of winners in sweepstakes, they can still set specific criteria or parameters for selecting winners, such as a random drawing or a predetermined number of prizes to be awarded. However, the unpredictable nature of sweepstakes adds to the appeal and excitement for participants.

All of the options are correct.

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