The given statement which is incorrect is 'The tax code used for the journal is GST.'
The provision for doubtful debts account is a contra asset and it is used to provide for the small percentage of customers who may not be able to pay their debts. The Provision for Doubtful Debts is the estimated loss that the company might have to bear due to the customer's inability to pay their debts. It is used to record the amount of doubtful debts that may not be recoverable, and it is reported as an expense on the company's income statement. It is also reported on the company's balance sheet as a contra-asset account. The provision for doubtful debts is used to provide for the small percentage of customers who may not be able to pay their debts. This is calculated based on the historical average of the company's bad debts and also takes into account the current economic situation. The provision for doubtful debts account is a contra asset, meaning it reduces the value of the accounts receivable account, which is an asset on the balance sheet.
GST (Goods and Services Tax) is a tax code that is used to calculate the amount of tax payable on goods and services. It is not used for journal entries related to the provision for doubtful debts. Therefore, the statement which is incorrect is 'The tax code used for the journal is GST.' The given statement which is incorrect is 'The tax code used for the journal is GST.' The provision for doubtful debts account is a contra asset and it is used to provide for the small percentage of customers who may not be able to pay their debts. The provision for doubtful debts is calculated based on the historical average of the company's bad debts and also takes into account the current economic situation.
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identify two other types of business organisation jameel lost his job
Answer:
When Jameel lost his job with a fruit and vegetable shop that closed downhe decided to open his own store. He had good contacts with suppliers.
They said they would give him one month’s credit before he paid for
supplies. Jameel had $5000 in savings to invest in the shop. He thought thiswould be sufficient to start the business. He is an independent man - he
never liked taking the manager’s orders in the food shop! He wanted to
operate his new business as a sole trader
Explanation: hope this helps if not i am sorry
Franchises and partnerships are two other types of business organisations jameel lost his job.
Franchises and partnerships are two distinct business models that involve collaboration between different entities. Franchising is a business arrangement where a franchisee licenses the right to use a well-established brand, business model, and support from a franchisor in exchange for fees and royalties.
This allows the franchisee to operate under an established brand with proven systems. Partnerships, on the other hand, involve two or more individuals or companies pooling their resources and expertise to run a business together, sharing profits and liabilities. Both models offer unique advantages, such as brand recognition in franchising and shared responsibilities in partnerships.
Therefore, Franchises and partnerships are two other types of business organisations jameel lost his job.
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Probably the full question is:
When Jameel lost his job with a fruit and vegetable shop that closed down he decided to open his own store. He had good contacts with suppliers. They said they would give him one month’s credit before he paid for supplies. Jameel had $5000 in savings to invest in the shop. He thought this would be sufficient to start the business. He is an independent man - he never liked taking the manager’s orders in the food shop! He wanted to operate his new business as a sole trader.
Identify two other types of business organisations jameel lost his job.
Considerthe ASAD model of a closed economy with zero on going inflation and workers misperceptions. Firms are perfectly competitive, produce output with diminishing marginal returns to labour and have perfect foresight over the price level. Workers, instead, expect zero inflation in each period. At time zero, the economy is in the potential equilibrium. There is a negative shock on aggregate demand – for example, a permanent fall in desired autonomous consumption at time t = 1. What are the effects of the shock on the equilibrium real wage in the short and in the medium run? Describe (at least in words, and even better in a diagram) the entire time path of the real wage from before the shock to the medium-run equilibrium. Prove your statements formally – for example, use the diagram of the labour market where you measure the real wage on the vertical axis, and distinguish the very short run (the temporary equilibrium at time t = 1) from the medium run. Carefully explain the economic intuition for your results and add any comment you may have about the cyclicality of real wages during recessions
Hint: to solve this exercise, you can manipulate the equation for labour supply W(t) = P(t-1) b N(t)
where W(t) is the nominal wage requested in period t, P(t-1) is the past price level of period t - 1 that workers expect to prevail in the market in period t, the slope coefficient b is a positive constant, and N(t) is work supplied.
In the ASAD model with workers' misperceptions, a negative shock to aggregate demand leads to a decrease in desired autonomous consumption. In the short run, this shock creates downward pressure on wages as firms face excess labor supply.
However, due to workers' misperceptions and their expectation of zero inflation, they do not immediately adjust their wage expectations downward. As a result, the initial equilibrium real wage is higher than the medium-run equilibrium level.
Over time, as workers revise their expectations and become more willing to accept lower wages, the real wage gradually declines.
This adjustment process continues until the labor market reaches a new equilibrium in the medium run.
The cyclicality of real wages during recessions is highlighted, as initially, sticky wages can contribute to a disconnect between wage levels and economic conditions, with eventual adjustments aligning wages with the new equilibrium.
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plz help me wit dis ill give robux XD lol
Answer:
I'm going to guess here and say efficiency, trustworthiness, and patience
Answer:
efficiency
trustworthiness
courteousness
patience
Explanation: cause i got it right and stop lying curious george goku
Which item would be classified as Other Income?
(1 Point)
A. an emergency government subsidy payment
B. sales from a new product line
C. sales returns
D. a refund from a supplier
The item that would be classified as Other Income would be A, an emergency government subsidy payment.
Other Income is a category of revenue that includes income that is not generated from a company's core business operations. It typically includes items such as interest income, rental income, and gains on investments.In this case, the emergency government subsidy payment is not generated from the company's core business operations, but rather is a one-time payment from a government agency. Therefore, it would be classified as Other Income on the company's financial statements.
Sales from a new product line would be classified as Sales Revenue, as it is generated from the company's core business operations. Sales returns would be classified as a reduction in Sales Revenue, as they are returns of products that were previously sold. A refund from a supplier would be classified as a reduction in Cost of Goods Sold, as it is a refund of the cost of goods that were previously purchased from the supplier. Therefore option A is correct.
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The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
which of the following best describes the roles of women in the rural, agricultural economies of sub-saharan africa? responses salaried workers in large-scale commercial agriculture salaried workers in large-scale commercial agriculture nonwage workers on small, family-run farms nonwage workers on small, family-run farms hourly workers in seasonal migratory farm work hourly workers in seasonal migratory farm work landowners of export-oriented farms landowners of export-oriented farms drivers and operators of agricultural equipment
The roles of women in the rural, agricultural economy of sub-Saharan Africa vary depending on the specific context and region. However, generally speaking, women tend to be non-wage workers on small, family-run farms.
They are responsible for a wide range of tasks, including planting, weeding, harvesting, and processing crops. Additionally, women often play a critical role in maintaining livestock and managing household resources.
While some women may work as salaried workers in large-scale commercial agriculture or as hourly workers in seasonal migratory farm work, these opportunities are relatively rare. Similarly, while some women may be landowners of export-oriented farms or drivers and operators of agricultural equipment, these positions are typically dominated by men.
Overall, women in rural, agricultural economies in sub-Saharan Africa face significant challenges, including limited access to education, financial resources, and markets. However, despite these challenges, women continue to play a vital role in sustaining their communities and driving economic development. As such, efforts to support and empower women in agriculture are critical for promoting sustainable, equitable development in the region.
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the two types of imperfectly competitive markets are
Answer: monopolistic competition and oligopoly.
Explanation:
The ________ strategy is analogous to pruning flowers.
a. repositioning
b. stability
c. growth
d. retrenchment/recovery
e. portfolio
The d) retrenchment/recovery strategy is analogous to pruning flowers.
This strategy is analogous to pruning flowers because just as pruning is done to cut back or remove dead or overgrown parts of a plant in order to promote new growth, the retrenchment/recovery strategy involves cutting back or removing unprofitable or non-core parts of a business in order to focus on core operations and promote growth.
The retrenchment/recovery strategy is a cost-cutting and restructuring approach that companies often use when they are facing financial difficulties or declining performance. It involves reducing expenses, selling off non-core assets, and streamlining operations to improve efficiency and profitability. This strategy can help businesses recover from financial distress and position themselves for future growth.
In summary, the retrenchment/recovery strategy is analogous to pruning flowers because it involves cutting back or removing parts of a business that are no longer viable in order to promote growth and improve overall health.
Therefore correct answer is option d.
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| Personal Finance |
If you used money from your emergency fund, which is an appropriate next response?
A) Repay your emergency fund by burrowing against credit cards.
B) Continue with the savings plan as is, and your emergency fund will eventually return to its previous balance.
C) Reduce casual spending and increase savings until your emergency fund has been paid back.
D) Borrow the money from your friends to pay the emergency fund back.
If you used money from your emergency fund, which is an appropriate next response: D) Borrow the money from your friends to pay the emergency fund back.
An emergency fund is meant to provide financial support during unexpected events. If you have used the funds from your emergency fund, it is important to repay the amount used in order to have the funds available for future emergencies.
One appropriate response is to reduce casual spending and increase your savings until your emergency fund has been fully repaid. Borrowing from credit cards or friends is not a recommended option as it may lead to additional debt and put you in a worse financial situation.
Therefore the correct option is D.
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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.
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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Which of the following explains why the rate of change of the consumer price index (CPI) tends to overstate the actual inflation rate? A) Consumers will require more income to buy goods whose prices have increased. B) Nominal wages do not always increase by as much as prices do. (c) When real wages increase, consumers can afford higher-priced goods. D) Consumers tend to substitute lower-priced goods that may not be represented in the basket of goods. The basket of goods in the base year is frequently updated with new products
The tool used to measure inflation is the consumer price index (CPI). It is used to calculate the typical difference in costs of household consumption items between two specified periods.
What is meant by consumer price index?The method for measuring inflation is the consumer price index (CPI). It is employed to calculate the typical change in prices of household consumption items between two specified periods. Assuming constant quality, it is a composite measurement of product price trend tendencies.
Since the primary CPI uses the same basket of products month after month (although prices are adjusted every two years), it can overestimate inflation since it ignores the replacement of one similar thing for another.
A market basket of consumer goods and services is used to create the Consumer Price Index (CPI), which tracks the average change in prices paid by urban consumers over time.
Therefore, the correct answer is option d) Consumers tend to substitute lower-priced goods that may not be represented in the basket of goods.
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The consumer price index, or CPI, is the instrument used to measure inflation. option d is the correct . Customers frequently substitute lower-priced goods that may not be included in the shopping cart.
What does the term "consumer price index" mean?The consumer price index, or CPI, is used to measure inflation. It is used to calculate the typical price change of household goods over two specific time periods. It is a composite measurement of product price trend tendencies, assuming constant quality.
Although prices are adjusted every two years, the primary CPI uses the same basket of products month after month and can overestimate inflation because it ignores the substitution of one similar item for another. The Consumer Price Index (CPI), which tracks the average change in prices paid by urban consumers over time, is created by using a market basket of consumer goods and services.
As a result, option d is the correct response. Customers frequently substitute lower-priced goods that may not be included in the shopping cart.
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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 237 for 2015. President Hoover’s 1931 salary was equivalent to a 2015 salary of about: a) $1,057,894. b) $16,080,001. c) $1,169,408. d) $4,965.
Answer: c) $1,169,408.
Explanation:
Given the following:
Consumer price index(CPI) :
Year 1 = 1931 = 15.2
Year 2 = 2015 = 237
Salary in 1931 = $75,000
Equivalent salary in 2015 Given the details above:
Salary in 1931 × (CPI for year 2(2015)/ CPI for year 1(1931))
$75,000 × ( 237 / 15.2)
= $75,000 × 15.592105
= $1,169,407.8
= $1,169,408
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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What is the most easy career you can take that still gets you a decent amount of money?
Answer: Entrepreneur
Explanation:
Being self employed
the optimal mix of output is the most desirable combination of output attainable with existing
The superior mix of output is the most suitable aggregate of output manageable with current resources, technology, and social values.
Is the market mix of output and the gold standard mix of output continually the same?The market mix of output and the gold standard combine of output are continually the same. The market tends to underproduce public goods. Public choice idea emphasizes the function of self-interest in public decision-making.
Market failure implies that the market mechanism: Leads the economy to the incorrect combine of output. Market failure leads to: Public items being under-produced.
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Which expense contributes to a business's cost?
2.
(
Wages, salary, maintenance, rent, and depreciation are all examples of expenses. To calculate profits, revenue is subtracted from expenses. To lessen the tax burden and increase profits, businesses are permitted to deduct some expenses from taxes.
What are a business's costs of expenses?An expense is a business's operational cost incurred to produce income. Operational income is the company's profit after running costs like salaries, depreciation, and cost of goods sold have been subtracted.
These consist of payroll taxes, insurance deductibles, commissions, bonuses, and other perks including paid time off, health insurance, and retirement savings schemes. When beginning and registering a business, the majority of states in the U.S. will demand some kind of business license.
You can more easily keep track of your business costs if you keep your personal and business accounts separate. Maintaining a healthy cash flow and being eligible for tax deductions that could lower your taxable income require keeping track of business expenses.
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Describe the classifications of consumer products.
Consumer products are goods and services that are purchased and used by the general public. These products can be classified into different categories based on several factors, such as the level of involvement required by the customer, the frequency of purchase, the price, and the nature of the product.
The classifications of consumer products are as follows:
1. Convenience Products: These are products that are purchased frequently and with little effort. They are low-priced and require little or no research or decision-making. Examples of convenience products include everyday household items such as toothpaste, soap, and milk.
2. Shopping Products: Shopping products are those that require more effort and decision-making from the customer. They are usually higher-priced than convenience products and are purchased less frequently. Customers usually compare different options before making a purchase. Examples of shopping products include clothing, furniture, and electronics.
3. Specialty Products: These are products that are unique and have specific characteristics that differentiate them from other products. They are usually expensive and are purchased infrequently. Customers are willing to go out of their way to find these products. Examples of specialty products include luxury watches, high-end cars, and designer clothing.
4. Unsought Products: These are products that customers do not actively seek out to purchase. They are products that customers may not even know they need until they are presented with the opportunity to purchase them. Examples of unsought products include life insurance, funeral services, and emergency medical supplies.
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The variable overhead efficiency variance measures how efficiently variable manufacturing overhead resources were used. True or false?
Answer:
Vrais
Explanation:
The given statement " The variable overhead efficiency variance measures how efficiently variable manufacturing overhead resources were used" is true.
The variable overhead efficiency variance is the difference between the actual quantity of variable manufacturing overhead resources utilised and the standard amount of resources that should have been required to achieve the actual level of output. It reflects the effectiveness with which variable overhead resources were utilised throughout manufacturing.
A favourable variance is formed if the real amount of variable overhead resources utilised is smaller than the standard quantity for the actual level of output attained. This indicates that the resources were used efficiently.
In contrast, if the actual amount of variable overhead resources used exceeds the standard amount for the actual level of output obtained, an unfavourable variance is created, suggesting that the resources were not used efficiently.
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1. Economic growth results from a/an A. decrease in quality of resources. B. decrease in quantity of resources. C. increase in capital depreciation. D. increase in volume of innovations
Answer:
D. increase in volume of innovations.
Explanation:
Which strategy is used most often within stores or shopping centers?
customer loyalty
pull marketing
push marketing
word-of-mouth
Answer:
Pull marketing
Explanation:
What can a boosted post help an advertiser achieve?
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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As a general matter, banks are high leverage and low margin entities. Their capital levels are generally in the area of what percentage of assets?
As a general matter, banks are high leverage and low margin entities. Their capital levels are generally in the area of percentage of 8% assets under Basel III.
Investors view a bank's net worth or equity value as being the difference between its assets and liabilities, or bank capital. The asset component of a bank's capital is made up of cash, bonds, and loans with interest for e.g., mortgages, letters of credit, and inter-bank loans. The liabilities portion of a bank's capital includes loan-loss reserves and any outstanding debt. The amount by which creditors would still be paid if a bank had to liquidate its assets is known as capital.
Tiers of regulatory bank capital are established by Basel III. They are based on a bank's subordination and its capacity to absorb losses, with a clear separation between capital instruments used when the bank is still solvent and those used after it declares bankruptcy. The book value of common shares, paid-in capital, and retained earnings less goodwill and any other intangibles make up common equity tier 1 (CET1). CET1 instruments must be of the highest subordination and lack maturity.
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A business must decide whether to open a new office in China. If it opens the
branch, it will increase its chances of selling a high volume of its products in
China. On the other hand, the business will have to spend a lot of money to
make the branch operational.
What would be an opportunity cost for the business if it chooses to open the
new branch in China?
A. The business could not use the money it spends on the new
branch for something else.
B. The business would be able to increase the selling prices for most
of its products.
C. The business would have to spend all its money making new
Chinese products.
D. The business would be able to easily sell its products to many new
customers.
Answer: A. The business could not use the money it spends on the new
branch for something else.
Explanation:
Opportunity cost simply means the cost of what one forgoes when an alternative decision is taken.
Since the business chooses to open a new branch in China, the opportunity cost will be the money that the business could have spent on something else.
Therefore, the correct option is A.
Explain what a trade war is
Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
Explanation:
QUESTION 8 of 10: You buy a lathe for $20,000. Its useful life is 10 years. Each week, over 10 years, you recognize an equal portion of its cost. This is called depreciation. What is your weekly depreciation for the lathe?
Answer:
the weekly depreciation is $38.46
Explanation:
The computation of the weekly depreciation is shown below;
Given that
The Purchase value of the lathe is $20,000
Useful life is 10 years
So, the annual depreciation is
= $20,000 ÷ 10 years
= $2,000 per year
Now the weekly depreciation is
= $2,000 ÷ 52 weeks
= $38.46
Hence, the weekly depreciation is $38.46
Air Jethro was organized on January 1, 2015, and expected to be able to begin providing air service in eighteen months, with the first flight scheduled for July 1, 2016.
At the time Air Jethro was organized, there was great uncertainty about the future price of oil (i.e. fuel). Since fuel will be a significant portion of Air Jethro’s operating expenditures, Air Jethro had to decide an appropriate fuel strategy. Air Jethro expects to use the equivalent of 250,000 barrels of oil during the period July 1, 2016 to December 31, 2016. One possibility under consideration was purchasing 250,000 barrels of oil on January 1, 2015, and then hedging its "fair value" so that if the scheduled flights never took place, Air Jethro would not lose money on the oil that had been purchased.
On January 1, 2015, the spot price for a barrel of Texas Crude is $ 50.00 per barrel. Drysdale Financial is a financial institution currently offering eighteen-month derivative oil contracts, each denominated in 100,000 barrels of oil. These contracts may be settled at any time prior to June 30, 2016, but must be settled on that date if they had not been closed previously. (Denote "SP" as the spot price of oil on the date a contract is settled.)
Party A receives: 100,000 x ($50 – SP) per contract if SP < $ 50 on the date the contract is settled
Party A pays: 100,000 x (SP - $50) per contract if SP > $50 on the date the contract is settled
Party B will have the exact opposite cash flows as Party A. Air Jethro may elect to take the position of Party A or Party B, with Drysdale Financial serving as the counterparty. (While Drysdale Financial would ordinarily charge a fee for accepting this type of contract, this fee is ignored for purposes of this problem.)
For purposes of the following problems, assume that the spot price of oil on December 31, 2015 is $ 40.00 per barrel and that the spot price of oil on June 30, 2016 is $ 35.00 per barrel. (Note that these amounts are not known on January 1, 2015, and only become known as time passes.)
Assume that Air Jethro purchases 250,000 barrels of oil from Clampett Oil on January 1, 2015 at a price of $ 50.00 per barrel. Further, assume that on January 1, 2015, Air Jethro also enters into three oil derivative contracts with Drysdale Financial, and designates the contracts as "fair value hedges".
First Question: In order to create a fair value hedge, should Air Jethro take the position of Party A or Party B in the contract with Drysdale Financial?
The contract is settled is less than $50, which will offset any losses incurred from the decrease in the price of oil.
In order to create a fair value hedge, Air Jethro should take the position of Party A in the contract with Drysdale Financial. This is because Air Jethro has already purchased the oil at a price of $50.00 per barrel and wants to hedge against any potential decrease in the price of oil. By taking the position of Party A, Air Jethro will receive 100,000 x ($50 – SP) per contract if the spot price of oil on the date the contract is settled is less than $50, which will offset any losses incurred from the decrease in the price of oil.
This means that if the oil prices fall, Air Jethro will receive compensation, effectively hedging the risk of the decrease in the value of the oil they have purchased. This aligns with their objective of protecting themselves against potential losses from a decline in oil prices.
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describe one method of keeping track of all of your expenses in a month. a) use a budgeting app b) keep a written log of all expenses c) use a spreadsheet to track expenses d) rely on memory to recall expenses
One method of keeping track of all expenses in a month is to use a spreadsheet to track expenses. The correct answer is option c.
This involves creating a spreadsheet in a program and inputting all of the expenses incurred over the course of a month, organized by category (e.g. food, rent, transportation, entertainment).
The spreadsheet can be customized to include columns for the date of the expense, the amount spent, and a brief description of the expense. The spreadsheet can also be set up to automatically calculate totals for each category and for the month as a whole.
Using a spreadsheet to track expenses allows for easy organization and analysis of spending patterns over time. It also enables the user to quickly and easily identify areas where spending can be reduced or eliminated, which can be helpful in creating and maintaining a budget.
While relying on memory to recall expenses or keeping a written log of all expenses can be options, they are often less accurate and less efficient than using a spreadsheet or a budgeting app. A budgeting app can also be a good option, as it may offer additional features such as automated expense tracking and alerts for overspending.
The correct answer is option c.
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Uing mathematical notation imilar to that ued for Nowlin Platic, give a mathematical model for calculating profit. (Write your anwer in term of the following variable q = Production Volume (quantity produced), R = Revenue Per Unit, FC = the Fixed Cot of Production, MC = Material Cot per Unit, LC = Labor Cot per Unit, and P(q) = Total Profit for producing (and elling) q unit. )
P(q) ≈ Total Profit for creating (and selling) q units, while R has been the revenue per unit, according to the computation above.
What is profit and example?The personal profit a business has when revenue exceeds costs and expenses is frequently referred to as profit. One glass for lemon, for instance, costs young child at a raspberry syrup stand one quarter. She then charges $2 for the beverage. Her earnings from the glass of lemonade is around $1.75.
Briefing:The mathematical formula used to calculate profit is:
VC=LC+MC
TC(q)=FC+(VC*q)
TR(q)=R*q
P=TR(q)-TC(q)
Here, quality is q, overall cost of manufacturing is TC, fixed expenses is FC, expenditure is VC, labor cost is LC, cost of production is MC, per unit cost is MC, total revenue is TR, and revenue per unit is R.
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calculate the percentage by mass of all the components element in sodium trioxonitrate(v)
Sodium =27.05
Nitrogen=16.47
Oxygen=56.46
case analysis questions 1. what key considerations does the team at kobe need to keep in mind when developing the influencer marketing strategy for jia jia? 2. suggestion recommendations for the jia jia influencer campaign 3. what are the possible limitations of the kobe model?
1. The key consideration while designing an Influencer Marketing Strategy is that the Kobe team should bear in mind are:
Jia Jia aims to increase its client base by the end of 2019. The objective is 21 lakhs)
2. A suggestion for the campaign is that Kobe should to appeal to the millennial target demographic. They should also make use of targeted ADs and strong market positioning using related branding.
3. The limitation is in the time frame. They aim to reach the greatest number of people in the shortest amount of time. They ought to Plan on a two to three-week campaign. As a result, KPI should be planned properly.
What is Influencer Marketing Strategy?An influencer marketing approach makes use of digital producers that have a large effect on certain sectors or target audiences' purchasing decisions. You may collaborate with these folks to promote your brand, goods, and services through tailored messaging if your plan is effective.
Influencer marketing has several advantages, including greater interaction with potential consumers, the capacity to reach new audiences, and obtaining high-quality material that can be used across various marketing channels.
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Full Question:
Evangeline Leong and Cha Lin are the co-founders of Kobe, a start-up that specializes in influencer marketing for small and medium enterprise (SME) businesses.
Kobe is a leading social media marketing company in Singapore with a patented AI-driven advertising platform that pairs advertisers with relevant everyday influencers. It has more than 5,000 influencers on its platform, with an outreach of over 45 million followers and over one million engagements.
Kobe’s new client, Jia Jia, is looking for an innovative promotional strategy for their brand of herbal teas. Although herbal tea is popular in Singapore, younger customers tend to prefer bubble tea so Leong and Cha are tasked with making Jia Jia herbal tea the new trend in Singapore.
Kobe is a Singapore-based start-up and is well-placed there due to its large influencer base. Over the past few years, the company has expanded its business to the Philippines, Indonesia, Thailand, and China.
The case is set in May 2019, three years after Kobe was founded in 2016.
Case analysis questions:
1. What key considerations does the team at Kobe need to keep in mind when developing the influencer marketing strategy for Jia Jia?
2. Suggestions and recommendations for the Jia Jia influencer campaign
3. what are the possible limitations of the Kobe model?