TRUE, any purchased materials that will go into the finished product are first recorded in the inventory account.
A product is an item presented for sale. A by-product can be a carrier or an object. it can be bodily or in virtual or cyber form. every derivative is made at a cost and each is sold at a price. The fee that may be charged relies upon available on the market, the pleasant, the advertising and marketing and the section this is targeted.
A derivative is any object or provider you sell to serve a consumer's need or want. They can be bodily or digital. bodily merchandise encompasses long-lasting items (which includes cars, fixtures, and computers) and nondurable goods (which include food and beverages).
something produced in a general commercial or biological process in addition to the primary by-product Sulfured molasses is of sugar refining.
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What factors in the microenvironment of the coffee company might need attention as esther considers expansion of the business?
Esther will have to consider staffing in order to get the attention while expanding his coffee company's microenvironment.
What is staffing?The process of hiring the ideal candidate with the necessary skills or expertise to fill a position or role is known as staffing. Organizations can hire, use, and retain a staff that is both sufficient in size and high quality to improve the effectiveness of the company. In management, staffing is the process of hiring new employees and assessing their knowledge and skills before assigning them to specific job responsibilities in accordance.
A staffing model is a set of data that tracks job activities, the number of labor hours required, and how much time is spent by employees.
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By bundling share purchases of many investors together mutual funds can take advantage of economies of scale and thereby lower.
Mutual funds can take benefit from economies of scale and thereby lower transaction costs by bundling share purchases of many investors together.
You can "mutually" acquire stocks, bonds, and other investments through mutual funds, which allow you to combine your money with that of other investors. They are managed by qualified money managers, who choose which securities to acquire (stocks, bonds, etc.) and when to sell them. You have access to any investment made in the fund as well as any revenue it may provide.
Economies of scale are the cost advantages a company has as a result of increasing its output level. The benefit results from the inverse connection between the amount produced and the fixed cost per unit. The fixed cost per unit decreases as production volume increases.
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The portion of a long-term note that is due and payable within the next 12 months should be reported on the balance sheet as a?
The portion of a long-term note that is due and payable within the next 12 months should be reported on the balance sheet as a "current liability."
What is balance sheet?A balance sheet is a financial statement that shows a company's assets, liabilities, as well as shareholder equity at a given point in time.
Some key points related to balance sheet are-
Balance sheets serve as the foundation for calculating investor rates of return and assessing a company's capital structure.In a nutshell, a balance sheet is a financial statement that depicts what a company owns and owes as well as the amount of money invested by shareholders. Balance sheets can be used in conjunction with other main financial statements to perform fundamental analysis as well as calculate financial ratios. The balance sheet provides an overview of a company's finances at a given point in time. It cannot provide a sense of trends over a longer time period on its own.To know more about the balance sheet, here
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According to the residual dividend model, what takes priority over distributing dividends? establishing a target payout ratio financing planned projects paying off debt increasing share price
The approach to residual dividend policy is based on the idea that a company's ideal distribution strategy depends on its intended capital structure, its investment prospects, and the cost and availability of outside capital. On the basis of the residual earnings, the company distributes money.
What Is a Residual Dividend?
The amount of dividends given to shareholders under a residual dividend policy is equal to the profits remaining after the company has paid for its capital expenditures and working capital expenses. Companies that follow a residual dividend policy employ available revenues to pay dividends to shareholders before funding capital expenditures. As a result, each year's dividend payments to investors will differ in size.
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Imagine two economies that are identical except that for a long time, economy a has had a money supply of $1,000 billion while economy b has had a money supply of $500 billion. it follows that.
Imagine two economies that are identical except that for a long time, economy a has had a money supply of $1,000 billion while economy b has had a money supply of $500 billion. it follows that the economy with extra money.
If the govt takes no action to counter this, then the particular price index is below the worth level that individuals expected. Various factors can shift both the short-run economy and long-run aggregate supply curve rightwards like an increment within the technology level, a rise within the level of human capital, a rise within the level of existing capital stock, et cetera.
When the economy is doing well, the financial market is additionally certain to have best. Whether or not the economy is declining, the financial market can still do best. A pecuniary resource increase will tend to lift the worth level within the future. A finances increase can also increase national output.
A funds increase will raise the economy worth level more and national output less the lower the per centum of labor and capital is. A rise within the pecuniary resource level in an economy within the short run translates to a decline in charge per unit. the autumn within the rate further causes an increase in investment because of borrowing costs.
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Thomas jefferson disagreed with alexander hamilton’s economic plan primarily because he feared that it would.
The main reason why Thomas Jefferson opposed Alexander Hamilton's economic plan was because he believed it would favor urban mercantile interests over agricultural ones.
In Hamilton's proposal, the federal and state debts would be paid off by the government. He demanded that the government acquire all of the bonds issued before 1789 by the federal and state governments. Then, he intended to issue fresh bonds to settle the previous debts. The government would then be able to repay the new bonds as the economy improved. Many people supported Hamilton's plan, including bankers and investors. They assaulted it.
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The development and growing popularity of flextime arrangements can largely be attributed to?
The spread of highspeed internet and technologies such as telecommuting and teleconferencing.
What Is Flextime?Flexible time, or flextime, is a work arrangement that gives employees the freedom to determine the start and end times for their workdays. Flextime gives workers the chance to better manage their time as they search for a better work-life balance. To accommodate clients and allow for meetings and collaboration, flextime, however, may require that workers be present in the office during specific hours.
Flextime functions best when work is either highly individualized or when asynchronous cooperation is made possible through technology. Only exempt employees frequently have access to flextime. Salary workers who are exempt from the minimum wage, overtime regulations, and other rights and protections granted to non-exempt employees are known as exempt employees.
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The goods available for sale total is __________.
a) $43,000
b) $11,000
c) $97,000
d) $69,000
The goods available for sale total is $97,000.
The question discusses more about:
What is sale?
A sale is a deal in which two or more parties trade goods or services for cash or other assets, usually between a buyer and a seller.
Therefore,
The goods available for sale total is __________.
a) $43,000
b) $11,000
c) $97,000
d) $69,000
Therefore,
The goods available for sale total is $97,000.
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Customers have more power when a product is sold in the ______ market
Customers have more power when a product is sold in the open market
What is an open market?An open market can be defined as the market were the price of goods and service is determine by the market competition which in turn means that price of goods and service are not determine or control by the government.
In this type of market customers have more power because they have to power to do and undo when it comes to market price or the price they want to buy their product.
Therefore Customers have more power when a product is sold in the open market
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Who determines if a person or business process can be replaced by a robot or software?.
Chief Automation Officer determines if a person or business process can be replaced by a robot or software
What are the responsibilities of the Chief Automation Officer?A new position (area of responsibility) within the management of production and industrial companies is the Chief Automation Officer. Process automation results in a significant improvement in operational efficiency cost savings, and increased process flexibility, and as a result, becomes a source of strategic competitive advantage, necessitating the establishment of such a position.
The Chief Automation Officer is in charge of overseeing enterprise automation as a whole and creating the channels that support IT infrastructure, integrations, business processes, and other things. This allows the CAO to support this innovation with the necessary automation to make it as seamless, quick, and reliable as possible while the CIO concentrates on creating new processes and putting new strategies into place.
As a result, when developing and designing a project, automation comes first rather than developing a process and automating it later. Employee time is better used, repetitive tasks are automated, and departments approach automation in a much more planned manner.
Thus, it is the Chief Automation officer who is responsible for creating new designs of the project.
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Comparing the life of a company president or ceo with a dishwasher or taxi driver shows us glaring examples of ______.
Comparing the life of a company president or ceo with a dishwasher or taxi driver shows us glaring examples of social inequality.
What exactly is socioeconomic inequality?Social inequality is defined as a scenario in which certain citizens of a country, a region, a section of the world, or both, are disparately or disadvantaged from others who are unfairly privileged. Logically speaking, it is the polar opposite of social equality.
Modern civilizations struggle with social inequality, which is a result of the uneven development of different parts of the world and the imposition of particular ideologies or human value judgments on some people over others. In fact, social inequality is the root of discrimination, which is the practice of treating individuals who are weaker than others in terms of their morals, social standing, or economic standing differently.
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A decrease in the discount rate ________ bank reserves and ________ the money supply if banks respond appropriately to the change in the rate. part 2
A decrease in the discount rate increases bank reserves and increases the money supply if banks respond appropriately to the change in the rate.
What is meant by discount rate?The rate of return employed in corporate finance to bring future cash flows down to their present value is called a discount rate. This rate is frequently referred to as a company's Weighted Average Cost of Capital (WACC), needed rate of return, or hurdle rate, which refers to the rate of return investors must achieve relative to the risk involved in the investment.
A decrease in the discount rate lowers the cost of borrowing for commercial banks, which increases the amount of credit that is accessible and lending activity across the economy.
When the Fed reduces the discount rate, the economy as a whole experience an increase in surplus reserves in commercial banks, which boosts the money supply. On the other hand, when the Fed increases the discount rate, the money supply is constrained and the excess reserves in commercial banks are reduced.
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These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.
Financial Services Corporations: this is a financial conglomerate that provides a range of services, such as investment banking, commercial banking, and financial advising.
This is further explained below.
What is financial advising.?Generally, A specialist who offers customers a variety of financial services after analyzing their current monetary circumstances is known as a financial consultant or financial advisor.
In order to give advice to clients, financial advisors are required to have completed specialized training and to be registered with the appropriate regulatory authority in many countries.
A company that provides a comprehensive array of financial services, such as investment banking, brokerage operations, insurance, and commercial banking, all under one roof.
In conclusion, Financial Services Corporations are a kind of financial conglomerate that offers a variety of services to their customers.
These services include investment banking, commercial banking, and financial advisory services.
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complete question
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.
What type of financial Institution?
One of the likeliest places to be involved in a property-damage only accident is?
Place your car in "park."
Defend you against approaching traffic.
When a vehicle collision occurs, it might be stressful, but it's crucial to keep in mind that your safety is always the top priority. Immediately upon being involved in a collision, keep in mind the following advice:
Verify your own health and the health of any passengers.
If you require medical asisstance or can't move your car, call "911" and follow the operator's instructions.
You should relocate to a safe area (such as the closest shoulder, the median, or the rightmost lane of the road) before exiting your car to examine the situation if it is still operational and neither you nor any of your passengers have been hurt.
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Tyra makes $21.40 per hour at her job for the first 40 hours and $32.10 for anything over 40 hours. if tyra typically works 45 hours per week, how much does she earn?
If Tyra typically works 45 hours per week, Tyra is paid $1016.5.
Tyra's pay at her employment is $21.40 for the first 40 hours and $32.10 for any further hours. If Tyra usually puts in 45 hours a week. Work overtime for Tyra is 45 minus 40 = 5 hours.
Tyra makes $40 for the first 40 hours since 40 x 21.40.= $ 856
Tyra makes $5 x 32.10 for work beyond 40 hours = $160.5
The sum of Tyra's earnings is equal to her earnings for the first 40 hours plus her earnings for any additional hours.
Adding the values from the previous, Tyra receives $1016.5
The Tyra thus receives $1016.5.
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In general, the irs may assess an additional tax liability against a taxpayer within how many years of the filing of the income tax return?
In general, the IRS may assess an additional tax liability against a taxpayer within five years of filing of the income tax return.
Internal Revenue Service (IRS) is a United States Government agency which is said to be responsible for collecting taxes and enforcement of tax laws like the wash sale rule. So the primary purpose of IRS is to collect employment and individual taxes.
Tax liability is regarded to be the total amount of tax debt which is owed to a government by an individual, corporation, or any other entity. Thus, the IRS only allows one to claim refunds and tax credits within three years of income tax return's original due date.
Hence, within five years of filing of the income tax return, the IRS may assess an additional tax liability against a taxpayer.
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How would you show your understanding of how critical it is to get to know the lives of your students living in poverty?
In order to find a shared interest, truly listen to your students while they converse with one another before class, in the halls, and in the cafeteria.
Founded in 1990, Shared Interest Society Limited is a fair trade financial co-operative with headquarters in the United Kingdom. Presently, it offers finance and financial services to global fair trade manufacturers, retailers, importers, and exporters.
Shared Interest collaborates with both Fairtrade International and the World Fair Trade Organization (formerly known as Fairtrade Labelling Organizations (FLO)) (WFTO). In order to supplement the financial services provided by the Society, the Shared Interest Foundation was established in 2004 as a nonprofit subsidiary. It offers producers support and training services. The Queen's Award for Enterprise was given to Shared Interest in 2008.
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True or false if the opportunity cost of producing an apple is 1 orange for country a and 2 oranges for country b, there are terms of trade that allow both countries to benefit trade.
the opportunity cost of producing an apple is 1 orange for country a and 2 oranges for country b, there are terms of trade that allow both countries to benefit trade. True
Mutually Beneficial Trade with Comparative Advantage :
When nations increase its production in their area of comparative advantage and trade with each other, both countries can benefit. Again, the production possibility frontier is a useful tool to visualize this benefit.
What is opportunity cost and example?
The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources (land and farm equipment). A commuter takes the train to work instead of driving.
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A depreciable asset's cost minus accumulated depreciation is called ________.
a. book value
b. accrued expense
c. residual value
d. depreciable value
The cost of a depreciable asset less total depreciation is its book value.
Book Value: Definition and Examples
Simply put, a company's assets less liabilities equals its book value. This refers to the overall worth of all assets, excluding intangibles like goodwill that don't have a quick monetary value. All debts, both short-term and long-term, are included in liabilities.
Assets minus liabilities equal book value.
In other words, if you decided to shut down the company, how much cash would be left over after you sold off all of the assets and paid off all of the debts? The company's book worth is that.
Consider a company with $2 million in total assets and $1 million in unpaid obligations. It would have a $1 million book value.
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In job order costing, the journal entry for the flow of direct materials into production consists of a group of answer choices debit work in process, credit materials debit work in process, credit supplies debit materials, credit work in process debit factory overhead, credit materials
In job order costing, the journal entry for the flow of direct materials into production is Debit work in process, credit materials.
When clients purchase discrete, tiny quantities of goods, a mechanism called job order costing is used. This approach establishes the cost of each particular product and makes sure that it is affordable enough for a client to buy it while yet enabling the business to turn a profit.
The cost of the partially finished products is tracked using the asset account known as the work-in-process inventory account. The value of the WIP inventory that was accessible at the beginning of the accounting period is included in the work-in-process inventory account.
Credit Materials are the references and attributions that include the appropriate symbols, graphics, and text that designate a Party as the creator of the Content (where applicable).
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If victor and maria take out a bank loan for $1,600 and pay off their credit card debts totaling $1,600, what effects would these changes have on their net worth?
The effect on their net worth is zero , since an increase in debt is countered by the same amount of decrease
What is net worth of an individual?
The net worth of an individual is the excess of their assets or belongings over their liabilities or debt obligations.
net worth=assets-liabilities
In the case, the assets of Victor and Maria, cash, would increase by $1,600 and at the same time their liabilities, credit card would decrease by the same amount, which means that the increase in one borrowing is decreased by a decrease in another liability, hence, there is no impact on the net worth.
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The general rule regarding the exchanged basis in the new property received in a like-kind exchange is?
Like-kind treatment is not applicable to most financial instruments, including stocks and bonds, and inventory kept for resale.
What are stocks ?A stock is a colloquial phrase for any company's ownership certificates. You become a shareholder if you possess shares of a specific corporation. There are two categories of stocks: ordinary and preferred.
Beginning investors can profit in the stock market by: Starting early will help your assets expand immensely because of the wonder of compounding, which occurs when interest is received on money that has previously been earned and interest. If left unchecked, even a tiny quantity can significantly increase.
The price of the stock rises, or appreciates. The stock can then be sold for a profit if you so want.
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Managers should view employees' personalities as relatively fixed in the short run
true/ false
Managers should view employees' personalities as relatively fixed in the short run
This problem is true statement.
What is short run?
"A period of time known as the short run is one in which the levels of at least one stimulus are fixed although those of those inputs are variable. The time frame where all input quantities are flexible is known as the medium term. A company like ABC, which might make 10 cars per day, can serve as an example of a short run. In order to meet the heightened demand of the season, ABC intends to increase production to 15 trucks per day using the current infrastructure.
Therefore,
Managers should view employees' personalities as relatively fixed in the short run
This problem is true statement.
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The value of plant and equipment worn out in the process of manufacturing goods and services is measured by:_______
The value of plant and equipment worn out in the process of manufacturing goods and services is measured by: depreciation.
What is depreciation?Depreciation can be defined as the way in which fixed assets such as plant, equipment, machinery tend to worn out.
When this fixed assets worn out it reduces their value. Assets value will continue to decrease for the period of time in which they will be used.
Formula for depreciation is:
Depreciation=Cost of asset-Salvage value/Useful life of asset
Therefore the value of plant and equipment worn out in the process of manufacturing goods and services is measured by: depreciation.
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On average, approximately what percentage of corporate ventures reaches profitability within six years?
Approximately 50% of all corporate ventures reach profitability within six years.
What do we mean by corporate ventures?Corporate venturing occurs when one company offers venture capital to another company as part of an acquisition strategy. Corporate venture capital can have an external focus, such as investing in strategically related technology startups, or an internal focus. Corporate venturing provides significant benefits to firms, so its growth as a strategy is almost predictable. Corporate venture capital promotes firm innovation, increases firm value, and equips management with tools for identifying emerging trends in advanced technology. Approximately half of all corporate ventures reach profitability within six years.Therefore, approximately 50% of all corporate ventures reach profitability within six years.
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According to douglas mcgregor, the classical perspective on management was based on __________ assumptions about workers.
According to douglas mcgregor, the classical perspective on management was based on Theory X assumptions about workers.
What is Theory X?
According to Theory X, people despise their jobs, lack motivation, and are hesitant to accept accountability. This presumption leads managers to drive their workforce using a rigorous "carrot and stick" strategy that rewards superior performance and penalizes subpar performance. Theories of human labor motivation and management include Theory X and Theory Y. They were invented by Douglas McGregor in the 1950s while he was a faculty member at the MIT Sloan School of Management, and they underwent further development in the 1960s.
Therefore,
According to douglas mcgregor, the classical perspective on management was based on Theory X assumptions about workers.
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Miller co. had the following retained earnings statement with certain numbers missing.
rogers co. retained earnings statement for year ended dec 31
begingning retained earnings, jan 1 $44,300
net income $15,900
dividends _______
net change in retained earnings 11,00
ending retained earnings , dec 31 $____
required:
complete the retained earnings statement, filling in the missing amounts.
Retained Earnings = Beginning Period Retained Earnings + Net Income/Loss – Cash Dividends – Stock Dividends
To determine retained earnings, divide a company's liabilities by its assets to determine stockholder equity. Next, locate the common stock line item on your balance sheet and deduct that amount from the total stockholder equity (if the only two items in your stockholder equity are common stock and retained earnings).
The Statement of Retained Earnings is the second financial statement that needs to be prepared during an accounting cycle. This is the amount of income that remains in the business after dividends, which are frequently reinvested in it or distributed to stockholders.
Retained Earnings (RE) are the accumulated portion of a company's profits that are set aside for reinvestment rather than being paid out as dividends to shareholders. These monies are typically allocated for debt repayment or used for working capital and fixed asset purchases (capital expenditures).
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A ____ is a form of business organization that normally allows lawyers doing business as partners to avoid personal liability for the malpractice of other partners.
A limited liability partnership is a form of business organization that normally allows lawyers doing business as partners to avoid personal liability for the malpractice of other partners.
What is Personal liability?If you are found legally accountable for an accident that causes property damage or bodily harm inside or outside of your home, this is known as personal liability.
In the event that one of your visitors is hurt while on your property, personal liability claims may cover things like medical expenses, court costs, and more. They may also provide coverage for any accidental damage you are legally liable for doing to someone else's property. Up to your policy limitations, you might be able to avoid paying out of pocket for events like these if you have personal liability coverage.
Personal liability coverage is a crucial part of your homeowners or renters insurance policy because of this.
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If interest rates decline, which would you rather be holding, long-term bonds or short-term bonds?.
If interest rates decline you would as an alternative be holding lengthy-time period bonds due to the fact their price could boom greater than the price of the fast-time period bonds, giving them a better return. but, lengthy-term bonds have a more interest-charge risk.
Interest is charged from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above compensation of the predominant sum, at a particular charge. it's miles awesome from a rate which the borrower may also pay the lender or a few third celebrations.
Interest is described as the amount of money paid for using someone else's money. An example of the interest is the $20 that became earned this 12 months on your savings account. An example of the interest is the $2000 you paid in interest this yr on your home loan.
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An+open-end+fund+has+a+net+asset+value+of+$10.70+per+share.+it+is+sold+with+a+front-end+load+of+6%.+what+is+the+offering+price?
The offered price is $11.38 per share. The offering price for this particular item can be determined to be $11.38.
This is due to the fact that the offering price contains a 6% front-end load, which implies that only $0.94 of every dollar spent actually goes toward buying the share. Therefore we can make the following computations ...$10.07 / (1 - 0.06) = $11.38Making the ultimate offering price $11.38
An offering price is the cost at which something is made available for purchase. The term "offering price" in finance and investing most frequently refers to the price per share at which publicly-issued securities are made available for purchase by the investment bank during an IPO (IPO).
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