The false statement about quantity discounts is ( E) .The smaller the ordering cost, the less attractive a discount schedule will be.
This statement is not true as the smaller the ordering cost, the more attractive a discount schedule will be because the cost of ordering is lower, making it easier for the company to meet the minimum quantity required for the discount.
The cost-minimizing solution may or may not be where annual holding costs equal annual ordering costs as it depends on various factors such as the carrying cost of inventory, the cost of placing an order, and the quantity discounts offered by the supplier.
Therefore, it is important to consider all of these factors to determine the most cost-effective ordering quantity for a business.
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What elements will you use when determining facility planning within a community? Provide examples. (Write a 175- to 265-word response
Subject: Facility Planing
When determining facility planning within a community, factors such as population demographics, local health needs, available resources, and community input should be considered.
Facility planning involves the process of assessing and determining the needs for various types of facilities in a community, such as healthcare facilities, recreational centers, public buildings, and more. To plan for the right facilities, several elements should be considered.
Firstly, it is important to consider the demographics of the population in the community. This includes factors such as age, income levels, educational background, and cultural background, which can influence the types of facilities needed. For instance, an aging population may require more healthcare facilities while a younger population may require more schools or recreational centers.
Secondly, local health needs should be considered. The local health department may have data that highlights the most common health conditions and diseases in the community. This information can help in determining what type of healthcare facilities are needed and the type of services they should provide.
Thirdly, available resources should be evaluated, such as funding, land availability, and staffing. A community's budget and other financial resources can limit the types of facilities that can be built and maintained. Similarly, the availability of land in certain areas may limit the type of facilities that can be built. Staffing is also an essential consideration, especially for healthcare facilities.
Finally, community input should be considered. Input from the community can help in determining which types of facilities are most important to the people and what services they would like to see provided. For example, residents may express a need for more recreational facilities or public parks to support their leisure time activities.
Overall, a thorough assessment of these elements and others as needed can help in determining the right type of facilities to plan and build within a community.
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Vaughn Manufacturing uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $421,400 at the end of the year, and the allowance for doubtful accounts has a credit balance of $3,027. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $839 instead of a credit balance of $3,027, prepare the adjusting journal entry for bad debt expense.
Answer:The adjusting journal entry will be
a)Debit Bad debts expense $9,615
Credit Allowance for doubtful accounts $9,615
b))Debit Bad debts expense $13,481
Credit Allowance for doubtful accounts $13,481
Explanation:
Estimated uncollectible= $421,400 × 3% = $12,642
Allowance for doubtful accounts with a credit balance of $3,027
Allowance for Bad debts expense = $12,642 - $3,027= $9,615
Account titles and explanation Debit Credit
Bad debts expense $9,615
Allowance for doubtful accounts $9,615
When the Allowance for doubtful accounts has a debit balance of $839
$12,642+$839= $13,481
Account titles and explanation Debit Credit
Bad debts expense $13,481
Allowance for doubtful accounts $13,481
APA formatted paper (not including cover page and references page), complete an analysis of a competitive situation or industry practice. You must select the industry and then identify a question or issue on which to focus. Think "What strategies are most likely to increase profitability? How can we sustain that profitability?" or Should firm Z expand and build a new location? Where?"
Include the following information:
1. Introduction to situation or practice.
2. Summary of your findings.
3. Analysis of a competitive situation or industry practice.
4. Include expected responses from competitors to any actions.
The focus is on identifying effective approaches that can sustain long-term profitability. The analysis explores the competitive situation and industry practices, considering factors such as market dynamics, consumer behavior, and emerging trends.
Title: Analysis of Strategies to Increase Profitability in the Retail Industry
Introduction:
The retail industry is highly competitive and constantly evolving, necessitating effective strategies to increase profitability. This analysis aims to explore key considerations and recommend approaches that retailers can adopt to sustain long-term profitability. The primary question addressed is: What strategies are most likely to increase profitability and enable sustainable growth in the retail industry?
Analysis of a Competitive Situation or Industry Practice:
To increase profitability in the retail industry, several strategies can be employed. First, enhancing the customer experience through personalized services and seamless omnichannel integration can attract and retain customers. By leveraging technology, retailers can gather valuable customer insights and deliver tailored experiences, ultimately driving customer loyalty and repeat purchases.
Second, implementing effective pricing strategies can optimize revenue generation. Dynamic pricing, which adjusts prices in response to market conditions and customer demand, can help maximize sales and profitability. Moreover, strategic partnerships with suppliers and manufacturers can secure favorable pricing arrangements, reducing costs and enhancing profitability.
Third, investing in efficient supply chain management can improve profitability by reducing costs and enhancing operational effectiveness. Implementing technologies like automation, artificial intelligence, and data analytics can streamline inventory management, minimize stock outs, and optimize the overall supply chain process.
Expected Responses from Competitors:
Competitors are likely to respond to these actions by adopting similar strategies to maintain their market share and profitability. They may also invest in innovations to differentiate their offerings and attract customers. Additionally, competitors might optimize their supply chains to improve operational efficiency and reduce costs. To counter pricing strategies, competitors may engage in price wars or introduce value-added services to justify higher prices. Overall, the retail industry is highly dynamic, and responses from competitors are expected to be multifaceted and influenced by the specific market conditions and customer preferences.
In conclusion, retailers in the competitive retail industry can increase profitability by focusing on enhancing the customer experience, implementing effective pricing strategies, and investing in efficient supply chain management. These strategies, when executed with careful consideration of market dynamics and consumer behavior, can lead to sustained profitability. It is crucial for retailers to anticipate and respond to the actions of competitors to maintain a competitive advantage. By adopting a proactive and adaptable approach, retailers can thrive in the evolving retail landscape and achieve long-term profitability.
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Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.
Answer:
Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.
Why is it important to invest for your retirement? please explain :p
Christopher has a collection of 20 video games and will buy 4 more each month. Peter has a collection of 92 video games and will sell 5 each month. After how many months will they have the same number of video games? How many will that be?.
Answer:
It would be 8 months and they each would have 52 games.
Explanation:
The number of months after both will have the same number of video games will be 8.
How to form an equation?Determine the known quantities and designate the unknown quantity as a variable while trying to set up or construct a linear equation to fit a real-world application.
In other words, an equation is a set of variables that are constrained through a situation or case.
As per the given,
Christopher has a collection of 20 video games and will buy 4 more each month.
The number of video games after x number of months,
⇒ 20 + 4x
As per the given,
Peter has a collection of 92 video games and will sell 5 each month.
The number of video games after x number of months,
⇒ 92 - 5x
The number of months when both will have the same number of video games will be as,
20 + 4x = 92 - 5x
4x + 5x = 92 - 20
9x = 72
x = 8
Hence "Eight months will pass after each has an equal quantity of video games".
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As Lily is completing her 1040 form, what piece of information will she find on a different document
rather than on this W-2?
a. Gross wages earned
b. Federal income taxes she's already paid
c.State income taxes she's already paid
d. Income earned from her investments
Answer:
C state income taxes she’s already paid
Explanation:
The information that Lily will find on a different document is c.State income taxes she's already paid.
What is the 1040 form?This is a tax form for the recording of one's federal income tax. Contains taxes already paid and income earned.As the 1040 form is a federal form, state income taxes that Lily has already paid will not be found here but rather in another document. She can then include them for deduction.
In conclusion, option C is correct.
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Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?
Helen's minimum balance during the quarter was $613.
What is Minimum Balance in Account?According to the terms and conditions of the account agreement, a customer is required to keep the smallest amount of money in their account for a predetermined amount of time. This amount is known as the minimum balance in an account. Depending on the type of account and the bank's policies, the minimum balance can be set at a certain amount or it can change.
Plugging in the values, we get:
A = 783(1 + 0.027/4)^(4*(3/12))
A ≈ $791.13
So the balance at the end of the quarter, before the deposit, was about $791.13.
Next, we need to figure out the impact of the withdrawal and deposit:
August 17: Helen withdrew $170, leaving a balance of $783 - $170 = $613.
September 12: Helen deposited $200, bringing the balance to $613 + $200 = $813.
We can conclude that the minimum balance was $613 because the balance on July 1 was higher than the estimated balance at the end of the quarter, which was $791.13.
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You may need to use the appropriate appendix table to answer this question.
Given that z is a standard normal random variable, find z for each situation. (Round your answers to two decimal places.)
(a) The area to the left of z is 0.9750.
(b) The area between 0 and z is 0.4750.
(c) The area to the left of z is 0.7486.
(d) The area to the right of z is 0.1210.
(e) The area to the left of z is 0.7088.
(f) The area to the right of z is 0.2912.
To find the values of z for each situation, we can use a standard normal distribution table or a calculator with a built-in function for the standard normal distribution. Here are the calculations:
(a) The area to the left of z is 0.9750.
Using a standard normal distribution table or a calculator, we find that z ≈ 1.96.
(b) The area between 0 and z is 0.4750.
To find the z-value for an area of 0.4750, we need to find the z-value for half of this area. Half of 0.4750 is 0.2375. Using a standard normal distribution table or a calculator, we find that z ≈ 0.73.
(c) The area to the left of z is 0.7486.
Using a standard normal distribution table or a calculator, we find that z ≈ 0.69.
(d) The area to the right of z is 0.1210.
Since the area to the right is given, we need to find the z-values for the area to the left of 1 - 0.1210 = 0.8790. Using a standard normal distribution table or a calculator, we find that z ≈ 1.17.
(e) The area to the left of z is 0.7088.
Using a standard normal distribution table or a calculator, we find that z ≈ 0.54.
(f) The area to the right of z is 0.2912.
Since the area to the right is given, we need to find the z-value for the area to the left of 1 - 0.2912 = 0.7088. Using a standard normal distribution table or a calculator, we find that z ≈ -0.54.
Rounding the values to two decimal places, the solutions are:
(a) z ≈ 1.96
(b) z ≈ 0.73
(c) z ≈ 0.69
(d) z ≈ 1.17
(e) z ≈ 0.54
(f) z ≈ -0.54
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Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $45,000. The company currently earns a total contribution margin of:
Answer:
The company currently earns a total contribution margin of $ 20
Controlling involves blank______. multiple choice question. measuring actual results
Controlling involves measuring actual results. Controlling is a managerial function that encompasses the process of measuring and evaluating actual results against planned objectives.
It involves systematically monitoring performance and comparing it to predetermined standards or benchmarks. By measuring actual results, managers can assess the effectiveness of their plans and strategies, identify any deviations or discrepancies, and take corrective actions if necessary. Through controlling, organizations can ensure that their operations are on track and aligned with their goals.
It provides valuable feedback and insights into performance, enabling managers to make informed decisions and adjustments to improve outcomes. Measuring actual results is a vital aspect of the controlling function as it enables organizations to stay accountable, maintain performance standards, and achieve continuous improvement.
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Complete Question:
Controlling involves ______.
putting the company's plan into action
measuring actual results
preparing annual budgets
establishing goals for the company
When The U.S. Government Engages In Deficit Spending, That Spending Is Primarily Financed By A. Issuing New Bonds B. Borrowing Money From Foreign Governments C. Increasing The Required Reserve Ratio D. Buying Bonds From U.S. Banks And The Public
The primary source of funding for the U.S. government's deficit spending is borrowing money from other nations.
How is deficit spending funded by the government?When a government spends more on transfers, goods, or services than it collects in taxes, there is a budget deficit. The national debt increases every time a government borrows money to make up for budget gaps.
What are the funding sources for the deficit?Some economists have completely given up on the idea of a balanced budget because they believe it to be an unsuitable standard for determining public policy. However, government inefficiency may also contribute to deficit financing, reflecting widespread tax avoidance or inefficient spending rather than the implementation of a deliberate countercyclical policy.
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After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least ____ feet.
Answer: After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least __4__ feet.
After buying some lumber from a local home supply store, we need to attach a red flag from the end of the lumber because it is hanging out behind my vehicle at least 4 feet.
What is lumber?Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. It is mainly used for construction framing, as well as finishing floors, wall panels, and window frames.
Lumber is not only used not only for building homes but also for many other reasons. Lumber is sometimes referred to as in England, while in most parts of the world especially in the United States and Canada the term timber refers specifically to unprocessed wood fibre, such as cut logs or standing trees that have yet to be cut.
Rough lumber is the raw material for furniture-making and the manufacture of other items requiring cutting and shaping.
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What is an appraisal? Why is it usually included in the closing costs for buying a home?
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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Write one paragraph about why a person, who up until now has worked an hourly job, might decide to look for a salaried job with benefits. Line
Answer:
See below
Explanation:
A salary is a fixed amount that an employee receives after the lapses of a specified time, say weekly, bi-weekly, or monthly. An employee is assured of their full salary regardless of their input. Salaried employees are advantaged in that salaries don't fluctuate with the volume of work. Should a salaried worker fail to report for work due to valid reasons such as illness, they still receive their full pay. A fixed salary makes planning and budgeting easy.
what do you mean by Business Risk ??
Answer:
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.
Explanation:
hope it is helpful for you keep smilingAnswer:
hi r u Korean
Explanation:
I love koreans
Khabib transferred $100,000 to an irrevocable trust for the benefit of his minor child, Rickson. The transfer was eligible for the annual exclusion. The trust permits the trustee to accumulate trust income within the trust, and only make distributions to Rickson based upon an ascertainable standard until Rickson is 21 years old. When Rickson attains the age of 21, the trust must terminate and the trust assets must be distributed to Rickson. Which type of trust has Khabib created
Answer:
are you well the son and me
Explanation:
hat
This graph compares the cost of an education at different institutions in Texas.
A graph titled The Cost of Tuition in Texas from 2012 to 2013 has type of school on the x-axis, and yearly cost in thousands of dollars on the y-axis. Public 4-year university is about 7,000, and private 4-year is 23,000. Public community college is 2,000, and private community college is 9,000. Technical school is 4,000.
This graph demonstrates that
private universities can cost three times as much to attend as public universities.
public universities can cost three times as much to attend as private universities.
community colleges can cost five times as much to attend as technical schools.
technical schools can cost five times as much to attend as community colleges.
Answer:
private universities can cost three times as much to attend as public universities.
Explanation:
Private universities are more expensive to attend compared to public universities. As per the graph, the public university is cost 7,000 while private university costs 23,000 to attend. It is then correct to say that private universities cost more than three times as public universities ( 23,000/7,000= 3.29).
Community college costs 9000, while technical schools cost 4000; the cost is not five times more.
Technical schools 4,000 and community colleges are 9000; the costs are only two and a half more.
The graph is a pictorial representation of the data given.
The graph shows the relationship between two quantities whether it is linear or inversely proportional etc.
The given graph depicts that:
Private universities can cost three times as much to attend as public universities.
The given data tells that
Costsa)Public b) Private
University 7000 23000
College 2000 9000
Dividing b by a gives
23000/7000=3.286
9000/200= 4.5
Choice b public universities can cost three times as much to attend as private universities is incorrect.
Choice c community colleges can cost five times as much to attend as technical schools is also incorrect.
Choice d technical schools can cost five times as much to attend as community colleges is incorrect as well.
The best answer from the given choices is option a: private universities can cost three times as much to attend as public universities.
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one thing a company's mission statement should capture is _____?
One thing a company's mission statement should capture is the overarching purpose and direction of the organization.
A company's mission statement should capture its core purpose, values, and goals. It should outline what the company does, who it serves, and how it operates. A well-crafted mission statement can serve as a guiding light for the company's overall strategy and decision-making processes while also providing clarity and focus for its employees.
The mission statement should reflect the company's unique identity and differentiate it from competitors, creating a sense of purpose and direction. It should articulate the company's commitment to its customers, employees, and stakeholders, embodying the company's values and culture. Furthermore, it should provide a clear framework for the company's strategic planning, indicating the direction for future growth and development.
Ultimately, a mission statement should inspire and motivate employees, as well as create a sense of purpose and pride in their work. It should also create a strong sense of loyalty among customers and help build and reinforce the company's brand image. In sum, the mission statement should be a powerful tool that communicates the essence of a company's reason for being and encapsulates the organization's unique value proposition.
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form utility is created by making a product available at a location where customers wish to purchase it.
Place utility is created by making a product available at a location where customers wish to purchase it.
What is utility?
In economics, the term "utility" is used to define the value or worth of a good or service. More precisely, utility is the total enjoyment or value derived from utilizing a product or service. In economic theories of rational choice, it is frequently assumed that consumers would aim to maximise their utility.
The economic utility of a good or service must be understood since it directly affects demand and pricing. In practise, consumer utility is frequently difficult to measure or quantify. However, some economists believe that by combining a number of models, they may evaluate an economic good or service's effectiveness in an indirect manner.
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How can you determine your net worth?
Answer:
How much money do you make in 1 year that is your net worth
Explanation:
Which sentence in the passage is an example of a real-world situation that could restrict Martha’s decisions?
Martha is in her late teens. She lost her father in the war several years ago. Just like her father, Martha wants to join the military and serve her country. However, Martha has several obstacles in her path. Martha’s mother is overly protective of her daughter and has always tried to keep her safe. Also, Martha is still tormented by the memories of the war and her father’s absence. To make matters worse, Martha might not qualify for the military because of her petite and fragile frame.
"Martha is in her late teens. She lost her father in the war several years ago. Just like her father...." the sentence in the passage is an example of a real-world situation that could restrict Martha’s decisions "To make matters worse, Martha might not qualify for the military because of her petite and fragile frame.". This is further explained below.
What is a passage?Generally, a passage is simply defined as a part or chunk of a piece of writing.
In conclusion, Martha in the passage Martha saw a real-world situation and this was "To make matters worse, Martha might not qualify for the military because of her petite and fragile frame." was on that could that restrict Martha’s decisions
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Answer:
Martha might not qualify for the military because of her petite and fragile frame.
Explanation:
I took the test! Correct in Edmentum!
who wanan be mark as brainiest
Answer:
meeee I think i can do it
Explanation:
plz
Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time of the sale?
Answer:
$24
Explanation:
500 * 18 = $9000 worth of stock initially.
She sells with a $3000 gain, which means the value of the stock is $12000
12000/500 = $24
3.1.5. Discuss the characteristics of a mixed Economy.
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
good luck
please mark me as a brainliest
What must be shown to prove negligence that is not needed to prove strict
liability?
A. Injury
B. Fault
C. Stream of commerce
D. Defective product
Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
Answer:
A.P.E.X is D
Explanation:
profit is the only
Organizational objectives of the business.Do you agree
Explanation:
I agree because without profit what's the use of the business
In the first two years of a new car's life, it loses:
Answer:
30% of the resale value
Explanation:
even though firms in competitive price-searcher markets do not produce at minimum atc, competitive price-searcher markets may still be consistent with economic efficiency because
Firms are known to be free to set price and also to face strong competitive pressure. Competitive price-searcher markets may still be consistent with economic efficiency because they provide consumers with a greater diversity of products.
Firms in competitive price-searcher markets that has a small entry obstacles often face a downward sloping demand curve. Competition often exists from existing firms and new rivals.
Firms that exist in a perfectly competitive market are known to be price takers due to the fact that once the market determines an equilibrium price for the product, firms need to accept the stated price.
For an individual to sell a product in a perfectly competitive market, one must just be happy with the price.
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How does a supply curve differ from a demand curve and how is the different related to increases in price
Answer:
A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... A supply curve shows the relationship between quantity supplied and price on a graph.