Adjusting entries help to ensure that all ______ are recorded in the period in which they are incurred.
A. cash transactions
B. closing entries
C. journal entries
D. expenses

Answers

Answer 1

Adjusting entries help to ensure that all expenses are recorded in the period in which they are incurred.

What must be ensured by changing entries?

To guarantee that the account balances for the accounting period are accurately reflected in the balance sheet and income statement, adjusting entries are used. The matching concept is satisfied by adjusting entries.

What does it mean to update entries when they are prepared?

Before financial statements can be created, adjusting entries must be made to update all account balances. These adjustments aren't the result of actual occurrences or transactions; rather, they're the effect of time passing or slight variations in account balances.

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Related Questions

In the context of using salesforce opinion for forecasting, identify true statements about salesforce opinions as a source of information for the forecast.
a. The salesforce is a good, unbiased source of information about customers' long-term wants and needs.
b. The salesforce is less likely to be able to distinguish between what customers would like to do and what they actually will do.
c. The salesforce is often aware of any plans the customers may be considering for the future.
d. The salesforce is likely to undermine the recent trends in demand.

Answers

The true and the false statements have been identified below

What statements are true or false based on sales force?

a. False. Salesforce opinions can be biased as sales representatives may have their own agendas and perspectives, which can influence their view of customer needs and wants.

b. True. Salesforce representatives may have limited visibility into customers' decision-making processes and may not have a clear understanding of what customers will actually do.

c. False. The salesforce may not necessarily be aware of customers' plans for the future, as this information may not have been communicated to them.

d. False. The salesforce can provide valuable information about recent trends in demand, as they are likely to have regular interactions with customers and can provide insight into current customer needs and wants.

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assume that the demand for cosmetic or plastic surgery is price inelastic. are the following statements true or false? explain. when the price of plastic surgery increases, the number of operations decreases. the percentage change in the price of plastic surgery is less than the percentage change in quantity demanded. changes in the price of plastic surgery do not affect the number of operations. quantity demanded is quite responsive to changes in price. if more plastic surgery is performed, expenditures on plastic surgery will decrease. the marginal revenue of another operation is negative.

Answers

The difference in total revenue that follows from selling one more unit of an item or service is referred to as marginal revenue. It is a key topic in microeconomics and is used to estimate a company's optimal level of output and price.

False: When the demand for cosmetic or plastic surgery is price inelastic, it means that the number of operations performed does not change significantly with a change in price. So, when the price of plastic surgery increases, the number of operations may decrease, but not necessarily by a large amount.False: In the case of price inelastic demand, price changes by a bigger proportion than quantity requested changes by a higher proportion. This means that when the price of plastic surgery increases, the quantity demanded decreases by a smaller percentage, resulting in a higher revenue for the provider.False: As stated above, changes in the price of plastic surgery can affect the number of operations performed, but not to a significant extent. So, this statement is not entirely accurate.False: Quantity demanded is not quite responsive to changes in price in the case of price inelastic demand. This means that even with changes in price, the number of operations performed will not vary significantly.False: If more plastic surgery is performed, expenditures on plastic surgery will increase, not decrease.False: The marginal revenue of another operation is positive in the case of price inelastic demand, as the change in revenue from selling one more unit of plastic surgery is greater than the change in cost. This means that the provider can increase their revenue by selling more units, even though the price remains the same.

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a sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 36,000 pairs in the second quarter of the upcoming year. each pair of boots requires 2 kilograms (kg) of a key raw material. the company aims to end each quarter with ending raw materials inventory equal to 20% of the following quarter's material needs. beginning inventory for this material is 18,000 kg and the cost per kg is $10. what is the budgeted materials purchases cost for the first quarter? multiple choice $900,000. $864,000. $720,000. $936,000. $1,080,000.

Answers

Option (a), The first quarter's estimated material need in kilograms is 90,000 kilograms.

Why is a materials budget crucial?

Material budgeting is the process of establishing a material or buy budget that details the quantity and financial worth of the materials that must be purchased within a specific time range. It aids in estimating material prices over time in addition to examining the material requirements.

Procurement professionals use a direct materials budget to estimate how much raw material they must buy within a given time frame in order to meet a production budget. Direct material spending is seen as essential since it can affect supply chains, customer sales, and ultimately the top and bottom lines of a firm.

To calculate the budgeted material needed in the first quarter, we must first determine the consumption of the first and second quarters independently in order to reach a conclusion.

The consumption of first quarter = Budgeted production × required kg

                                                  = 45,000 × 2

                                                  = 90,000 kg

The consumption of second quarter = Budgeted production × required kg:

                                                  = 36,000 × 2

                                                  = 72,000 kg

The ending raw material inventory = 20% of second quarter

                                                     = 20% × 72,000 kg

                                                     = 14,400 kg

Now enter the formula to determine the cost of the purchase. The following is the formula:

Raw material consumption = Opening raw material inventory + purchase of raw material - ending raw material inventory

where,

beginning inventory = 18,000 kg

90,000 = 18,000 + purchase - 18,000

Therefore, 90,000 kg will be purchased.

Cost per kg is meaningless because the amount was stated in kilograms.

Consequently, the first quarter's budgeted material requirement is 90,000 kg.

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what were some of the best selling cars of the 1960s?

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United States, 1960–1970: The Chevrolet Impala sets records The Chevrolet Impala was the most popular automobile model in America from 1960 through 1970. The Impala produced 1,074,925 units in 1965.

Which automobile was considered to be the most well-liked in the 1960s?

The 1964 Mustang ignited a revolution and is arguably the most recognizable 1960s automobile in all of America. The first Mustang was attractive and affordable, wasn't particularly quick, but it had a V8 engine that demonstrated the design's potential.

What car from 1962 was the most recognizable?

The Ferrari 250 GTO had first been released in 1962, which is the year for which it is most famous. One of the most coveted and difficult-to-find sports vehicles in history is the Ferrari 250 GTO. Only 36 were made, all between 1962 and 1964, yet, astonishingly, collectors can identify every single one of them.

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the pro forma balance sheet indicates the oal assets will increase by 300000 if a debt equity ratio of .5 is maintained the debt must increase by

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If a debt-to-equity ratio of 0.5 is maintained, the debt must increase by $150,000. This means that the pro forma balance sheet is assuming that the company will borrow an additional $150,000 to finance the increase in assets.

Debt-to-equity ratio is a financial metric that measures the amount of debt a person or company has relative to its equity. It's calculated by dividing total liabilities by total equity. The debt-to-equity ratio indicates the level of risk involved in financing a person or company's operations and growth.

To calculate the increase in debt, we can use the formula: Increase in debt = Increase in assets * Debt-to-Equity ratio.

Given that the assets are increasing by $300,000 and the debt-to-equity ratio is 0.5, the increase in debt would be:

$300,000 * 0.5 = $150,000

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assume that gunnar owes the same tax liability under both the current tax system and the proposed (progressive) system. as an economically rational taxpayer, why should he prefer the current system? because under the progressive tax system the next sodor earned would be taxed at the highest tax rate (20%); under the current system, it would be exempt from additional taxes.

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As an economically rational taxpayer, Gunnar would prefer the current system over the proposed progressive system because under the current system, any additional income earned would not be taxed at a higher rate.

In the current system, Gunnar is paying the same tax liability on his entire income, while in the progressive system, any additional income earned would be taxed at a higher rate (20%). This means that Gunnar would have to pay more in taxes on the additional income earned under the progressive system, reducing his take-home pay.

Therefore, as an economically rational taxpayer, Gunnar would prefer the current system as it allows him to keep more of his income.

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the new york stock exchange is an example of _________.

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A secondary market is an instance of this, such as the New York Stock Exchange.

What is meant by secondary market?

A capital market is a financial marketplace where long-term (more than a year) debt or securities backed by equity can be bought and sold.

Based on the total market capitalization of its listed securities, the New York Stock Exchange (NYSE), a stock exchange with its headquarters in New York City, is regarded as the biggest equity-based exchange in the world.

Capital markets have examples like the New York Stock Exchange. The exchange of savings and investments between those who have savings to invest and those who need capital takes place on capital markets.

A secondary market is exemplified by the New York Stock Exchange. High trading costs are indicated by a big difference between a security dealer's bid and ask quotes.

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multiple choice question productivity is a relative measure, and must be compared to something else meaningful to be effective. what are the three ways of measuring productivity? multiple choice question. partial productivity measure, multifactor productivity measure, and total factor measure of productivity. core productivity measure, multifactor productivity measure, and total factor measure of productivity. partial productivity measure, multifactor productivity measure, and entire issue measure

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The three methods of measuring productivity are partial productivity measure, multifactor productivity measure, and entire issue measure.

Productivity refers to the efficiency with which goods or services are produced. Productivity can also be expressed as a ratio of the entire output to a single input, the sum of all the inputs utilized in a production process, or the output per input, usually over a defined time period. The labor productivity index is the most common example, and GDP per worker is one of its instances. The choice between them depends on the objective of the productivity measurement and/or the data's accessibility. There are numerous other ways to define productivity. The method used to mix inputs and outputs to create a ratio-style productivity indicator is frequently linked to the main source of variation among productivity measurements.

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when you get hired for a well-paying job, you will most likely view older used cars as group of answer choices complementary goods. substitute goods. inferior goods. normal goods.

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When you get hired for a well-paying job, you will most likely view older used cars as normal goods. A typical good is one whose demand rises in response to an increase in consumer income.

Demand and income are positively correlated for typical products. Food, clothing, and household equipment are a few examples of normal items. The term "normal goods" refers to products whose demand rises as income does. For instance, the demand for "sugar" rises when income does as well.

Sugar is a typical good as a result. Consumers may choose standard items when prices are low, but when prices increase, they may choose subpar goods instead. Name-brand products and personal vehicles are examples of normal goods, whereas canned foods and public transportation are examples of normal goods.

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if it is announced today that the interest rate in australia is being reduced from 4% to 3% for only one period, and it is also announced today that the interest rate in the usa is also being reduced from 2% to 1% for only one period, what happens to the number of us dollars per australian dollar today?

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The marginal advantage of spending a dollar today on consumption exceeds (or is equal to) the marginal benefit of spending a dollar today plus interest.

When the marginal advantage of spending a dollar today exceeds (or is equal to) the marginal benefit of spending a dollar plus interest in the future, a rational consumer should buy more today. When the marginal benefit of a dollar of expenditure today equals the marginal benefit of spending a dollar plus interest in the future, a reasonable consumer should stop. A rational consumer should put off consumption if the marginal benefit of spending a dollar today is lower than the marginal benefit of spending a dollar plus interest in the future. A dollar's future value is its value if it earns a specific interest rate over a specific period of time. Future value rises as interest rates and duration lengthen. In contrast, it falls as time passes and interest rates fall.

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ancon inc., typically forecasts potential product sales based on the number of customers who say they would either definitely or probably buy the product, on a five-point scale. the firm's sales forecast is based upon .

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On a scale of 1 to 5, how many customers indicate they would definitely or probably buy a product determines how ancon Inc. normally anticipates possible product sales. Using customers' intentions to buy, the company predicts its sales.

According to a five-point scale, Ancon Inc. often predicts future product sales based on the proportion of clients who say they would either definitely or probably buy the product.

A new product's net present value can be calculated using factor analysis even in the concept stage. Initially created for use with durable items, a lot of mathematical sales forecasting models.

sales representatives' estimates for the business. The salespeople's estimations are not an approach that may be justifiedly utilised to forecast sales.

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april borrows $19000 at an interest rate of 5% to purchase a new automobile. at what rate (in dollars per year) must she pay back the loan, if the loan must be paid off in 5 years?

Answers

To calculate the annual repayment rate, you need to calculate the total amount of interest April will have to pay over the 5 years and add it to the original loan amount.

April borrows $19000 at an interest rate of 5%: This means that for every $100 borrowed, April will have to pay back $105 after one year, due to the interest.

To pay off the loan in 5 years: This means that April will have to make payments for 5 years until the loan is fully paid off.

Calculating the total interest amount: To calculate the total amount of interest, we multiply the original loan amount by the interest rate. In this case, $19000 * 5% = $950. This means that April will pay $950 in interest over the 5 years.

Adding the interest to the original loan amount: To find the total amount April has to repay, we add the total interest amount to the original loan amount. In this case, $19000 + $950 = $19950.

Calculating the annual repayment rate: To find the annual repayment rate, we divide the total amount to be repaid by the number of years the loan must be paid off. In this case, $19950 ÷ 5 years = $3990 per year.

So, April must pay back $3990 per year for 5 years to fully pay off the loan.

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forto advertising is a leading advertising agency in the united states. the company is against the use of subliminal advertisements in marketing communications. which of the following is a valid justification this decision by the company? a. receivers will object to subliminal messages presented to them. b. subliminal advertisements cannot affect the perceptions of individuals. c. influencing people out of their awareness is against the law. d. the effects of subliminal advertising are enduringly negative.

Answers

Influencing people out of their awareness is against the law is a valid justification this decision by the company. Hence option C is correct answer.

Marketing communications refer to a company's or an individual's strategy for connecting with their target market through various types of communication. Examples of marketing communication include advertising, direct marketing, branding, packaging, sales presentations, trade show participation, etc. It is against the law to influence people without their awareness, the business's decision to reject the use of subliminal signals in marketing communications may be justifiable.

Other forms of marketing communication are also included, such as direct marketing, branding, packaging, your website, printed materials, PR campaigns, sales presentations, sponsorships, and trade show appearances. The long-term goals of marketing communication are to use marketing initiatives to gradually raise the value of your brand.

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businesses demand loanable funds to group of answer choices finance installment debt. none of these are correct. invest in long-term (fixed) assets. subsidize other companies.

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Businesses demand loan able funds to group of answer choices finance installment debt  are purchase inventory.

What is the finance ?

Finance is the area of economics that studies the management of money and other assets. It involves the creation, study, and usage of money, investments, banking, credit, assets, liabilities, and financial markets. The primary goal of finance is to maximize the value of money over time. Financial activities include planning, investing, borrowing, lending, budgeting, saving, and forecasting. Finance professionals advise individuals, businesses, and governments on how to best manage their financial resources in order to achieve their desired objectives. Finance also deals with the impact of taxes, regulations, and other legal requirements on financial decisions.

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zapper has beginning equity of $281,000, net income of $63,000, dividends paid of $52,000 and stockholder investments of $18,000. its ending total equity as reported on the balance sheet is:

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The ending total equity of Zapper as reported on the balance sheet is $310,000.

Total equity represents the residual interest in the assets of a company after deducting all of its liabilities. It is a measure of a company's net worth and is one of the key components of a balance sheet.

The formula to calculate the ending total equity is:

Ending Total Equity = Beginning Total Equity + Net Income - Dividends Paid + Stockholder Investments

Plugging in the numbers provided, we get:

Ending Total Equity = $281,000 + $63,000 - $52,000 + $18,000 = $310,000

So the ending total equity of Zapper as reported on the balance sheet is $310,000.

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a. profit-maximizing firms. b. majority-rule voting. c. which project receives the most votes. d. rational ignorance. e. all of these.

Answers

Cost-benefit principles can be applied to the decision of profit-maximizing firms.

What is Profit maximization?

Profit maximisation is the inclination of businesses to increase profits over the short or long term by employing the most effective techniques and balancing revenues and costs at the margin. Its major objective is to raise a company's production level so that it can sell more products and generate more revenue. The primary goal of every corporation and enterprise has always been to maximise profits. It becomes a cornerstone of traditional economic theory as a result. Numerous of its presumptions have assisted economists in developing various ideas about prices and production. Additionally, it helps to understand how businesses behave as well as the impact of price, input, and output in diverse market circumstances.

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Correct question:

Cost-benefit principles can be applied to the decision of:

a. profit-maximizing firms.

b. rational ignorance.

c. all of these.

d. majority-rule voting.

e. which project receives the most votes.

zinc co.'s adjusted trial balance at december 31, 20x1, includes the following account balances: common stock, $3 par $600,000 additional paid-in capital 800,000 treasury stock, at cost 50,000 net unrealized loss on available-for-sale mes 20,000 retained earnings: appropriated for uninsured earthquake losses 150,000 unappropriated 200,000 what amount should zinc report as total stockholders' equity in its december 31, 20x1 balance sheet? a. $1,400,000 b. $1,680,000 c. $1,780,000 d. $1,820,000

Answers

Option b is correct. As of December 31, Zink's reported total shareholders' equity on its 20x1 balance sheet is $1,680,000.

$1.68 million is correct. Each item listed is part of the stock. Treasury stock and net unrealized loss are negative items (debits), while the rest are positive items (credits).

So the owner's total assets are $1.68M = $600,000 + $800,000 - $50,000 - $20,000 + $150,000 + $200,000.

A simulated balance sheet is an accounting worksheet that summarizes the balances of all ledgers so that the totals of the debit and credit columns are equal. Companies prepare trial balances on a regular basis, usually at the end of each reporting period. The general purpose of preparing a preliminary balance sheet is to ensure that the entries in the company's accounting system are mathematically correct.

Trial balance sheets are so called because they provide a test of basic aspects of a set of books, but they are not a complete examination of them. A mock balance sheet is often the first step in the audit process. Auditors can ensure that the accounting system is free of mathematical errors before proceeding to more complex and detailed analyses. 

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newhard company assigns overhead cost to jobs on the basis of 125% of direct labor cost. the job cost sheet for job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost. a total of 1,000 units were produced in job 313.

Answers

Answer:

The overhead cost assigned to Job 313 can be calculated by multiplying the direct labor cost by 125%:

Overhead cost = $12,000 * 125% = $12,000 * 1.25 = $15,000

The total cost of Job 313 can be calculated by adding the direct materials cost, direct labor cost, and overhead cost:

Total cost = $10,000 + $12,000 + $15,000 = $37,000

The cost per unit can be calculated by dividing the total cost by the number of units produced:

Cost per unit = $37,000 / 1,000 units = $37 per unit

what is the duration of a four-year treasury bond with a 10.5 percent semiannual coupon selling at par?

Answers

So the duration of a four-year Treasury bond with a 10.5 percent semiannual coupon selling at par is approximately 3.5 years.

The duration of a bond is a measure of its sensitivity to changes in interest rates. It can be calculated using the formula:

Duration = sum of (cash flow / (1 + yield / 2)^years to cash flow) / bond price

In the case of a four-year Treasury bond with a 10.5 percent semiannual coupon selling at par, the bond price is 100, the yield is 10.5 percent, and the years to cash flow are 0.5, 1.5, 2.5, 3.5, and 4.5.

The cash flow in each year is 10.5/2 = 5.25, and the bond price stays constant at 100.

By plugging in these values, we can calculate the duration:

Duration = (5.25 / (1 + 0.105 / 2)^0.5 + 5.25 / (1 + 0.105 / 2)^1.5 + 5.25 / (1 + 0.105 / 2)^2.5 + 5.25 / (1 + 0.105 / 2)^3.5 + 5.25 / (1 + 0.105 / 2)^4.5) / 100

Duration = approximately 3.5 years

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the principle that assets should be recorded at their original cost to the company is called the

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Assets should be documented at their original cost rather than their current market value, according to the cost principle, often known as the historical cost principle.

The cost principle: how is it recorded?

According to the cost principle, purchases must be reported at the actual price paid. In the same manner, when a customer purchases goods, the price paid is recorded. The cost principle, in essence, states that each transaction's cost is equal.

What does asset cost principle accounting entail?

The accounting rule known as the "cost principle" states that any assets owned by a corporation will be valued at their original cost rather than the current market price.

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which company has the shortest net operating cycle? company a company b company c company d company e

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According to the search results, it appears that Company B has the shortest net operating cycle.

This is based on the answer to a similar question found in a post which states that Company B has the shortest net operating cycle of 30532251.

A company's shortest net operating cycle is the amount of time it takes for the company to turn its net current assets and liabilities into cash. This calculation is based on the sum of the inventory period, accounts receivable period, and accounts payable period.

A shorter net operating cycle is generally desirable for a company , as it indicates that the company is able to quickly receive money from its sales and pay its creditors, thus freeing up cash more quickly for other operations. Additionally, a shorter net operating cycle can indicate that a company is more efficient in managing its inventory and accounts receivable, which can lead to higher profits.

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The company with the shortest net operating cycle is the company that completes its operating cycle the fastest.

In other words, the company that has the shortest time between the purchase of raw materials and the receipt of payment for finished goods produced is said to have the shortest operating cycle.

To answer the question, we will need information on the net operating cycle of the given companies. Since that information is not provided, it is difficult to provide a specific answer to the question.

However, generally speaking, a company with a shorter operating cycle is better because it can more quickly convert its investments in raw materials and inventory into cash.

This can help improve a company's liquidity and cash flow, which can have positive impacts on its financial health and performance. Companies with shorter operating cycles can also be better positioned to respond to changing market conditions and customer demands.

Additionally, a shorter operating cycle can mean a company is able to operate more efficiently, with fewer resources tied up in inventory and other working capital.

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the principle that assets should be recorded at their original cost to the company is the princip of?

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The idea of Historical Cost states that assets should be reported at their original cost to the firm. This concept suggests that assets should be documented at their acquisition.

cost rather than their current market value. The historical cost offers a consistent and objective basis for valuing assets and aids in financial reporting consistency across time. The idea of Historical Cost states that assets should be reported at their original cost to the firm. This concept suggests that assets should be documented at their acquisition.  the principle that assets should be recorded at their original cost to the company is the principle The idea of Historical Cost states that assets should be reported at their original cost to the firm. This concept suggests that assets should be documented at their acquisition.

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To maintain a competitive advantage, gabriela’s company must be responsive to customers, be innovative, make high quality products, and do the work efficiently.a. Trueb. False

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The statement "To maintain a competitive advantage, Gabriela’s company must be responsive to customers, be innovative, make high-quality products, and do the work efficiently" is true.

This is because being responsive to customers, being innovative, making high-quality products, and doing work efficiently are all crucial elements for a company to maintain its competitive advantage in the market.

Having a responsive customer service team ensures that customers are satisfied with their purchases and will be more likely to return for future business. Innovation allows a company to stay ahead of the competition and continuously improve their products.

High-quality products increase customer satisfaction and lead to repeat business and positive word-of-mouth recommendations. Finally, doing work efficiently helps a company to reduce costs and increase productivity, which can lead to increased profitability and competitiveness.

In short, these elements are essential for a company to maintain its competitive advantage and succeed in the long run.

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If the north american newsprint paper market has barriers to entry, then?

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If the North American newsprint paper market has entry obstacles, even if businesses are making substantial profits, entry will be prevented.

What is a newsprint?

Newspapers, other periodicals, and advertising materials are most frequently printed on newsprint, a cheap, non-archival paper made primarily of wood pulp. It was created in 1844 by Charles Fenerty in Nova Scotia, Canada, and often has an off-white cast. It is made to be used in printing presses that use large webs of paper rather than single sheets of paper, such as web offset, letterpress, and flexographic.

Publishers and printers prefer newsprint because it is relatively inexpensive (in comparison to paper grades used for glossy magazines and sales brochures), sturdy (enough to run through contemporary high-speed web printing presses), and can accept four-color printing at qualities suitable for standard newspapers.

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in many nations, which social class has benefited from economic advances and seen the emergence of prosperity?

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The middle class has been the main beneficiary of economic progress and has witnessed the emergence of prosperity in many countries. The middle class consists of people who are educated, as well as employed in white-collar jobs, and have the access to some level of financial security.

With economic progress, the middle class saw an increase in income, allowing them to purchase more goods and services and enjoy a better quality of life. In addition, economic progress has allowed the middle class to invest in assets such as stocks, bonds, and real estate, which can help them accumulate wealth and improve their financial security.

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Personal selling can be part of ____ and involves direct spoken communication between sellers and customers
Process
Price
Promotion
Product

Answers

Personal selling can be part of Promotion and involves direct spoken communication between sellers and customers.

What is Personal  selling?

Personal selling is a face-to-face sales method where a salesman uses their people abilities to convince a consumer to purchase a specific product. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities.

Door-to-door sales are one of the typical forms of personal selling. To market and sell the goods/services, salespeople knock on the doors of potential clients. With their excellent interpersonal skills, they attempt to persuade people to purchase from them.

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assume milk is used to produce ice cream. a decrease in the price of milk will cause the equilibrium price of ice cream to:

Answers

A decrease in price of milk will cause equilibrium price of ice cream to decrease and equilibrium quantity of the ice cream to increase.

What is equilibrium quantity?

There is neither a scarcity nor an overabundance of a product if it is offered on the market in an equilibrium quantity. Demand and supply, or the quantity of a good that customers desire to buy and the quantity that its suppliers can offer, are said to be intersecting when they are both in equilibrium. The basis for this concept is the supply and demand theory, which forms the basis of market capitalism. It suggests that neither producers nor consumers are subject to outside pressures and that both exhibit dependable and constant behaviour. The supply and demand diagram shows two curves, one representing supply and the other demand. The supply curve slopes upward when viewed from the left to right.

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Complete Question:

Assume milk is used to produce ice cream. a decrease in the price of milk will cause the equilibrium price of ice cream to?

bill plans to fund his individual retirement account (ira) by contributing $2,000 at the end of each year for the next 20 years. if bill can earn 12 percent on his contributions, how much will he have at the end of the twentieth year?

Answers

If the bill can earn 12 percent on his contributions, it will have $116,452.80 at the end of the twentieth year.

An Individual Retirement Account (IRA) is a type of investment account that allows individuals to save for retirement on a tax-advantaged basis. Bill plans to fund his IRA by making an annual contribution of $2,000 for the next 20 years. This means that every year, he will add $2,000 to his account for a total of 20 years, resulting in a total contribution of $2,000 * 20 = $40,000. If Bill earns an annual return of 12 percent on his contributions, the final value of his IRA can be calculated using the formula for compound interest: $40,000 * (1 + 0.12)^20, where the number of years (20) is raised to the power of the annual interest rate (0.12). The result is $116,452.80, meaning that Bill will have $116,452.80 in his IRA account at the end of the twentieth year. This calculation assumes that the interest is compounded annually, so the return from each year's contributions is reinvested, leading to exponential growth over time.

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Select the term: A situation in which goods are not fairly distributed
a. market failure
b. business cycle
c. public policy
d. externality
e. welfare

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market collapse a circumstance in which goods really aren't allocated fairly.

Why is the stock market in a slump?

Stock market crashes are frequently caused by a variety of economic variables, such as speculation, panic selling, and economic bubbles. They can also happen in the wake of a significant catastrophe or economic crisis.

How did the market crash in 2008 take place?

On September 29, 2008, the 2008 stock market collapse took place.777.68 points were lost by the Jones Industrial Average during intraday trading.It was the worst point decline in recorded history up to the stock market meltdown in March 2020, which coincided with the onset of the COVID-19 pandemic.

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a european nation exports fabric and fashion products and in turn imports products that it does not produce such as corn and wheat. as a result, it spends more on buying corn and wheat than it gains from exporting fabric. which perspective would frown on this form of international trade?

Answers

The observable effects of climate change are already having an effect on food security through increased temperatures, changing precipitation patterns, and a rise in the frequency of some extreme events.

Importance of lower latitude region?

While maize, wheat, and sugar beet yields have improved over the past ten years in many higher-latitude regions, studies that separate the effects of climate change from other factors on crop yields have shown that some crops have been negatively impacted by observed climate changes in many lower-latitude regions.

What is the significance of global trade?

International trade is essential because countries rely on other countries to import goods that are difficult to find domestically. A country that specializes in exporting goods may have more raw resources available than there are in the world.

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