To determine the total amount of product costs incurred to make a certain number of units and the total amount of period costs incurred to sell a certain number of units, we would need to know the specific costs associated with making and selling the product.
Product costs include direct materials, direct labor, and manufacturing overhead, while period costs include selling, general, and administrative expenses.
Without this information, it's impossible to provide an accurate answer to these questions. If you can provide more information on the specific costs associated with making and selling the product, I would be happy to help you calculate the total amount of product and period costs for the given number of units.
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To determine the total amount of product costs incurred to make a certain number of units and the total amount of period costs incurred to sell a certain number of units, we would need to know the specific costs associated with making and selling the product.
Product costs include direct materials, direct labor, and manufacturing overhead, while period costs include selling, general, and administrative expenses.
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production.
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The principle of decreasing marginal benefit is that as_______.
The principle of decreasing marginal benefit is that as the quantity of a good consumed,increases, its marginal benefit decreases. Pizza slices.
The marginal utility principle is what, exactly?The marginal utility rule states that by selecting the amount at which marginal utility equals marginal cost, we can maximize economic net economic benefit of any action.The activity's net benefit is maximum at this amount.
What is the foundation of total marginal cost?The marginal cost is the cost to produce a subsequent unit of output.Marginal cost is a key topic in costing system since it helps in identifying the quantity of production that is most effective for just a manufacturing process.
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marisol uses the internet for all aspects of her small accounting business, from payroll to communications. this is an example of .
From payroll to communications, marisol runs her tiny accounting firm entirely online. Ecommerce has examples like this.
What does it mean when employees use the Internet to choose?Extranets allow customers, suppliers, and other authorized parties access while intranets are typically only accessible by company personnel. Extranets are private networks that are extended onto the Net with unique authentication, authorisation, and accounting features.
What is the name of the type of online business?E commerce, commonly referred to as electronic commerce as internet commerce, is the term used to describe the exchange of money and data for the purpose of transacting business through the internet.
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firms that help to channel funds from savers to borrowers are known as a. financial intermediaries. d. marketers. b. securities. e. treasury securities. c. channelers.
Financial intermediaries are institutions that help to channel funds from savers to borrowers.
What is funds?
Funds are resources that are used to finance a variety of activities. Typically, funds are allocated to particular activities such as investments, operations, capital expenditures, or other expenses. Funds can come from a variety of sources, such as donations, investments, taxes, or loans. Funds can also come from an individual’s savings, or from a business or an organization. Funds are used to purchase goods and services, to pay wages, to finance operations, to make investments, and to cover other expenses. Funds are also used to pay for research and development, to purchase equipment and materials, or to cover other costs associated with running a business or organization. Funds are typically managed and tracked by an organization’s finance department, and can be used to measure the performance of an organization.
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bookmark question for later a firm purchased equipment three years ago for $500,000. the equipment is the only fixed asset the firm has ever owned. if the firm claimed depreciation of $20,000 the first year, $35,000 the second year and $32,500 the third year, the gross fixed assets should be equal to:
The $35,000 the second year and $32,500 the third year, the gross fixed assets should be equal to $422,500.
What is the assets ?Assets are items of economic value owned by an individual, business, or other entity. They can include both tangible and intangible items, such as cash, real estate, investments, equipment, inventory, intellectual property, and goodwill. Assets are important because they represent a company's net worth and are the primary means that can be used to finance operations, create wealth, and generate income. Assets are classified as either current or non-current and must be reported on a company's balance sheet.
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Which of these would be considered an environmental factor that affects consumer behavior? stage in life cycle perception personal motivation technology
Cultural norms would be seen as an environmental component influencing consumer behavior's.
The correct option is B.
What is Cultural norms?Social and cultural norms are guidelines or expectations of conduct and thought that are based on accepted values within a particular social or cultural group. Even though they are frequently unspoken, social norms define what is (and is not) acceptable conduct in interpersonal relationships.
What is the cultural norms theory?A mass communication theory that contends that particular modern concepts or ideals are presented and emphasised in the media on a selective basis. This idea contends that the media either reinforces or modifies norms.
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Complete question is:
Which of the following would be considered an environmental factor that affects consumer behavior?
a) personal motivation
b) cultural norms
c) stage in the life cycle
d) perception
Assets that are actively traded and that have readily available market value information should use which measurement principle?
Equities, Fixed Income (Bonds), Money Markets (Cash), and Alternative (tangible) Investments are the four asset groups that are traded the most.
What types of assets are available for trading?Securities kept by a company for the intention of reselling for a profit are referred to as trading assets. Treasury securities, securities backed by mortgages, contracts for foreign exchange, and other securities can all be regarded as trading assets. A company's investment portfolio is kept apart from its trading assets.
A measurement principle, perhaps?1. The use of historical cost, fair value, and other valuation bases is permitted under GAAP. The recording and reporting of fair value information is growing, even if the historical cost principle (measurement based on acquisition price) continues to be a significant basis for valuation. 2. The revenue recognition rule is that a business typically
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which are supply chain partners? (choose every correct answer.) multiple select question. federal regulators transporters retailers wholesalers competitors
The supply chain partners are -
WholesalersRetailersTransportersi.e. Option B, C, D
A supply chain partner is likewise an organization that will furnish you with the item or administration you'll require. The thing that matters is that a production network accomplice has a full-administration answer for obtaining, quality control, and operations and comprises of an organization of various providers. In Bufabs case in a mix with in-house creation of exceptional parts. The principal differentiation is that you just have one contact and in this way a lot nearer relationship.
The business connection among you and your inventory network accomplice depends on dependability, trust, and skill, and your accomplice has a profound comprehension of your requirements and will work proactively to accomplish your objectives.
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Complete Question -
which are supply chain partners? (choose every correct answer.)
multiple select question.
A. federal regulators
B. transporters
C. retailers
D. wholesalers
E. competitors
what is the difference between your marginal and effective tax rates?
The difference between the two tax rates is the rate you pay for the next $1 of income. In other words, the highest tax rate based on where your income falls within the tax bracket.
It wouldn't feel like blissful sipping a refreshing drink on the beach. Instead, it's deadlines, numbers, forms, and general annoyances. It also doesn't help that tax laws are constantly being updated, making the complex issue even harder.
A confusing topic is understanding how tax rates actually work, especially the difference between marginal and effective. Now let's analyze the difference between the two rates.
Overall, the United States uses a graduated border tax system. This simply means that higher incomes are taxed at higher rates. These tax rates are determined by tax classification that considers both annual income and reporting status (single, married, normal, married, separated, head of household).
Once you know your tax bracket, you can determine both the marginal and effective tax rate and how much you will ultimately have to pay his IRS.
This is because income is first taxed at a lower tax rate, then moves to a higher tax rate, and finally to the highest tax rate (also known as the marginal tax rate).
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jasmine manufacturing wishes to maintain a sustainable growth rate of 9.5 percent a year, a debt-equity ratio of .39, and a dividend payout ratio of 33 percent. the ratio of total assets to sales is constant at 1.36. what profit margin must the firm achieve?
The required profit margin for the company is 13.88%.
How does the profit margin function?By dividing profits by revenues, profit margin efficiently assesses the profitability of a business or commercial activity. By examining the profit margin, which is shown as a percentage, one can ascertain how much profit was made for each dollar of sales.
Profit margins are often presented as a percentage. For example, a company with a 60% profit margin would earn $0.60 in profit for every dollar of revenue it brought in. It is conceivable for firms to have positive or negative profit margins, and businesses with negative profit margins are nonetheless capable of surviving.
Retention ratio = (1 - Dividend payout ratio)
Given,
Dividend payout ratio = 33%
Sustainable growth rate = 9.5%
Debt-to-Equity ratio = 09.5
Total assets to sales = (Total Assets ÷ Sales) = 1.36
Putting the value in the above formula,
Sustainable Growth Rate = (1 - Dividend payout ratio) × Return on Equity
or, 0.095 = (1 - 0.33) × Return on Equity
or, 0.095 = 0.67 × Return on Equity
or, 0.1418 = Return on Equity
Therefore, ROE = 14.18%
Again, ROE in DuPont Formula = Profit Margin × Total Asset Turnover × Equity Multiplier
We know, Equity Multiplier = [tex]\frac{total assets}{total shareholder equity}[/tex]
or, Equity Multiplier = [tex]\frac{total shareholder's equity + total debt}{total shareholder's equity}[/tex]
or, Equity Multiplier = 1 + Debt to asset ratio
Again, asset turnover = (1 ÷ Total assets to sales) = 1 ÷ 1.36
Using the ROE formula's value,
14.18% = Profit Margin × (1 ÷ 1.36) × (1 + 0.39)
or, 0.1418 = Profit Margin × 0.735 × 1.39
or, 0.1418 = Profit Margin × 1.02165
or, Profit Margin = 0.1388
Therefore, Profit Margin = 13.88%
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an entrepreneur does which of the following? multiple select question. innovates makes strategic business decisions that set the course of an enterprise takes the risk of commercializing new products looks for new products to copy passes risks on to shareholders
The answer is All of the above, which is Entrepreneur innovates makes strategic business decisions that set the course of an enterprise, takes the risk of commercializing new products, looks for new products and to copy passes risks on to shareholders.
What is an entrepreneur, exactly?"A person who begins a business and is willing to take a loss in order to generate money," according to the dictionary. The word "entrepreneur" is defined as follows in the Merriam-Webster dictionary. The truth is, though, that it's much more than that. The focus is on zeal. The key is to spot opportunities and come up with original, creative solutions.
What do business owners do on a daily basis?However, daily business labor is a requirement for all entrepreneurs. Making calls to potential investors or clients, running social media marketing campaigns online to spread the word about your product, or haggling over production costs with manufacturers are all examples of how to do this.
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After you make a budget you need to .... Every expense
After you've made a budget, make a list of all your other monthly expenses. Debt, child care, and insurance are good places to start.
What would you say about the expense?
Spending that is done without enhancing, gaining, or extending the life of a thing is considered an expense. A capital expenditure would be made, for example, by someone who buys a new car for their business as they have added an additional asset to their organization.
A reasonable expense is one that was incurred in accordance with the plan of action that a prudent person would have taken in the specific circumstances at the time this same decision to make the expenditure was made.
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a disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership. group of answer choices true false
The statement "a disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership." is false. It is because the corporation is make an easier for the firm to raise capital.
In the term of economic and business, A corporation generally can be defined as a business entity that is owned by its shareholder. The director of corporation is elected by shareholder to oversee the organization's activities. The corporation has an advantage where make an easier for the firm to raise capital. The corporation's stockholders are not subject to personal liabilities if the firm goes bankrupt and also because it is easier to transfer shares of stock than partnership interests.
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true or false: the percentage change in real gdp from 2015 to 2016 was higher than the percentage change in real gdp from 2014 to 2015.
The difference in real GDP from 2014 and 2015, expressed as a percentage, is the growth rate of real GDP in 2015.The formula for calculating percentage change is as follows: RGDP (2015) - RGDP (2014) / RGDP (2014) x 100.
What was the 2015 real GDP?Compared to a rise of 5 per cent in 2014, the price index of gross domestic expenditures increased by 0.3 percent in 2015.In 2015, the current-dollar GDP climbed by $589.8 billion, or 3.4 percent, to reach $17,937.8 billion, down from $684.9 billion, or 4.1 percent, in 2014.
What does the 2015 GDP Constant mean?GDP (fixed 2015 US dollars) long explanation GDP at buyer's prices is calculated as the total of all resident producers' gross value added, plus any applicable product taxes, minus any incentives not reflected in the price of the goods.
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38. jdog corporation owns stock in oscar inc. valued at $2,000,000 at the beginning of the year and $2,200,000 at year-end. jdog received a $10,000 dividend from oscar inc. what temporary book-tax differences associated with its ownership in oscar stock will jdog report for the year in the following alternative scenarios (income difference only - ignore the dividends received deduction)?
The book-tax difference would be $100,000, which is the difference between the book value and taxable income.
A book-tax difference refers to the discrepancy between the financial reporting of a company (book value) and its taxable income (tax value).
If Oscar Inc. has a tax loss carryforward that reduces its taxable income, Jdog Corporation will report a higher taxable income than the book value reported on its financial statements.
Let's say Oscar Inc. has a tax loss carryforward of $100,000.
The book value of Oscar stock at the beginning of the year is $2,000,000 and at year-end is $2,200,000, with a $10,000 dividend received.
The taxable income would be $2,100,000, which is lower than the book value.
In conclusion, the temporary book-tax differences associated with Jdog Corporation's ownership in Oscar stock depend on the alternative scenarios, such as accelerated depreciation or tax loss carryforward.
These differences can result in a lower or higher taxable income compared to the book value reported on the financial statements, creating a book-tax difference.
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which isolating mechanism is set up to legally prevent companies from copying products that give a firm a competitive advantage? multiple choice question.
intellectual property protection. so the option a is the correct answer of the given question.
Intellectual property is a class of assets that includes intangible works of human creation (IP). To differing degrees, several countries recognise various forms of intellectual property. Trade secrets, patents, copyrights, and trademarks are some of the most well-known categories. England was the birthplace of the current concept of intellectual property in the 17th and 18th centuries. Despite the fact that the idea of "intellectual property" was initially put out in the 19th century, it wasn't until the late 20th century that it was broadly recognised in the majority of the world's legal systems.
The main objective of intellectual property regulation is to promote the development of a wide variety of intellectual goods.
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complete question:
Which isolating mechanism is set up to legally prevent companies from copying products that give a firm a competitive advantage?
Multiple choice question.
a. intellectual property protection
b. social complexity
c. path dependence
d. causal ambiguity
to avoid the anchoring trap, view problem from different perspectives. True/False ?
True, look at the issue from various angles to avoid falling into the anchoring trap.
How can the anchoring trap be avoided?Widmar asserts that anchoring can take many different shapes. They might be based on outdated facts or even preconceptions. Critical thinking and open-mindedness are the keys to avoiding them. Carefully seek out other people's opinions to contrast with your own, she advises.
An anchoring trap is what?When a person or group latches onto the first piece of information they learn about a choice, this is known as anchoring. By offering their viewpoint or insight first during a decision-making process, a group leader may unwittingly anchor the group's thinking.
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once a firm decides to accept a project, then the financial manager must decide where to get the money to pay for the project. funding for a project can be simplified from
The financial management must select where to find the funds to pay for the project after the firm decides to accept it. Debt and equity can be used to fund projects more simply.
What does financial management mean in project management?Financial management is the planning, budgeting, accounting, internal control, cash flow, financial reporting, and auditing processes used to deliver funds to borrowers and recipients, distribute those funds, and track, record, and report on each party's use of those funds.
Financial management is understood to include the purchase, financing, and administration of assets. A financial manager must be in charge of studying both internal and external elements that may have an impact on how business operations usually develop due to the sensitivity of the decision-making process.
How can a company choose between debt and equity financing?income derived Income is the most important factor to consider when choosing between debt and equity. Income is a factor for both lenders and investors. If a business does not have adequate income now, it will find it difficult to repay a loan in the future. Another choice is private equity.
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annual depreciation on equipment amounted to $12,000 for the current year. what account would we credit when we record this adjusting entry in the general journal?
The account to be credited when recording the annual depreciation on equipment in the general journal is Accumulated Depreciation.
Depreciation is an accounting method used to allocate the cost of a tangible asset, such as equipment, over its useful life. It is a non-cash expense that represents the decline in value of an asset due to wear and tear, obsolescence, or other factors.
The annual depreciation amount of $12,000 is recorded as an adjusting entry in the general journal at the end of the accounting period. The adjusting entry involves two accounts: the asset account for the equipment, which is debited, and the Accumulated Depreciation account, which is credited.
Debiting the asset account reflects the decrease in its value due to depreciation, while crediting the Accumulated Depreciation account records the accumulation of depreciation expense over time. This account is a contra-asset account, which means its balance is subtracted from the asset account's balance to arrive at the net book value of the asset.
In summary, when recording the annual depreciation on equipment in the general journal, the account to be credited is Accumulated Depreciation.
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does the firm generate enough internal funds to support anticipated investment, or does additional outside capital need to be raised? can the firm meet all its short-term obligations using its current assets?
The firm generate enough internal funds to support anticipated investment, or does additional outside capital need to be raised is the Statement of Cash Flows.
Balance Sheet, the firm meet all its short-term obligations using its current assets.
What is investment?An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
According to the cash flow was the internal funds to support anticipated investment the term cash flow refers to the movement of the cash are the flow out of the business. There are the three types of the cash flow such as investing activities, financing activities, operating activities.
A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet. It was the obligations using its current assets.
As a result, the significance of the investment, are the aforementioned.
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society faces a tradeoff in all of the following situations exceptpart 2a.when some previously unemployed workers find jobs. b.when deciding who will receive the goods and services produced. c.when deciding what goods and services will be produced. d.when deciding how goods and services will be produced.
List and describe the main economic thought traditions throughout history. Important Words macroeconomics, microeconomics, and economics recession inflation in the unemployment rate.
How do you decide which of the people is regarded to be unemployed or not?If a person doesn't have a job, has actively sought employment in the last four weeks, and is currently eligible for employment, they are considered to be unemployed. Any of the following activities can be considered active job searching: Directly contacting: A potential employer or attending a job interview.
What are the three categories of unemployment?Cyclical, structural, and frictional unemployment are the three basic types of unemployment. Although they often overlap and cannot be quantified precisely in practice, these offer a helpful framework for considering unemployment.
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alonzo works as a retail clerk at a convenience store. a customer pays for an item with exact change and hurries out, so alonzo doesn't ring up the sale and pockets the money instead. which counterproductive behavior does this demonstrate?
Alonzo should confront Catherine and ask her to confirm his authority in light of the current circumstances.
An organizational chart that describes the reporting relationships between each employee in a corporation is called a chain of command. On the organizational chart, the founder, owner, or CEO would be at the top, followed by people who report to them. The CEO is in charge at the top of the organization chart. Following the CEO are the vice president and members of upper management who answer directly to the CEO. Additionally, there are department managers and supervisors who answer to senior executives. Thus, Alonzo ought to confront him and request his authority for the purpose of the chain of command.
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what is meant by an obligation to transfer cash or other resources as a result of a past transaction
obligation to transfer cash or other resources as a result of a past transaction Liabilities
What is an obligation of a company to transfer assets to others?An entity has a present obligation to transfer an economic resource as a result. of past events if both: (a) the entity has no practical ability to avoid the transfer; and. (b) the amount of the transfer is determined by reference to benefits that the entity has received, or activities that it has conducted A liability is a present obligation of the enterprise arising from past events, the settlement of which is expected to result in an outflow from the enterprise of resources embodying economic benefitsTransferred Obligations means all present and future obligations expressed to be assumed by the Seller under the Loan Agreement and which are attributable to the Transferred AssetsTo learn more about transfer assets refers to:
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payment every year has a coupon rate of
A.10 percent.
B. 6 percent.
C. 5 percent.
D. 6 percent.
In the following question mentioned above, The coupon rate is 6 percent.
What is coupon rate?The yield on a fixed income product, such as a bond, is referred to as coupon rate in the finance industry. In terms of the bond's face value, it shows the annual interest payment that a bondholder will get. For instance, the bondholder would get $6 in interest annually from a $100 bond with a 6% coupon rate. Over the course of the bond's existence, the coupon rate is set and stays the same. Because it gives a hint as to the bond's prospective return, the coupon rate is crucial in establishing a bond's worth and attraction to potential investors.
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When Is Mortgage Insurance Tax Deductible?
Both the actual insurance tax and the required own risk are still not deductible. The costs that can be written off include those related to illness or incapacity.
In the Netherlands, is term life tax deductible?Term life insurance premiums are not tax exempt. The benefit from the life insurance policy that your surviving dependents receive will be subject to inheritance tax. The prenuptial agreement and the person named as the policyholder will determine whether this is required.
What does Dutch insurance tax entail?If the insured or the covered object is located in the Netherlands, a 21% insurance tax must be paid on the insurance premiums. There are a number of exemptions that apply; for instance, international ships and airplanes are exempted from the monthly insurance tax.
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A investment banking firm found that an analytical skills selection test it had been using to hire financial associates actually helped the firm to obtain more major clients and to increase the revenue and profitability of the firm. This is an example of selection test that possesses. a) reliability. b) generalizability. c) utility. d) content validity. e) legality
in this following question, This is an example of a selection test that possesses utility.
What is investment banking?Underwriting and issuing securities, giving advise on mergers and acquisitions, and other corporate finance operations are all part of the financial services sector known as "investment banking." Investment banks help businesses and governments raise money by issuing and trading securities like stocks, bonds, and other financial instruments. Additionally, they assist businesses in navigating intricate financial processes like leveraged buyouts and initial public offers (IPOs) (LBOs). Investment banks play a crucial role in bringing together investors looking for investment possibilities and firms looking for financing; they are compensated with fees and charges for these services. Investment bankers frequently put in long hours and earn large incomes in what is generally seen as a high-pressure, high-reward sector.
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lmn insurance markets homeowners insurance. the lmn homeowners policy combines property and casualty insurance in the same contract. insurance policies combining property and casualty coverage in the same contract are called
Insurance policies combining property and casualty coverage in the same contract are called multiple-line policies.
Multiple-line insurance offers several lines of coverage under a single policy. This can comprise both casualty insurance and property insurance to guard against responsibility for third-party injuries and property damage as well as to safeguard the home and its other belongings. An example of a multiple-line policy is the LMN homeowners policy, which bundles property and casualty insurance under one agreement.
Homeowners frequently benefit from lower premiums, simple and effective claim handling, and a higher level of protection by combining numerous lines of coverage into a single policy. The intellectual potential of the average individual is only partially realised in the setting of contemporary industrial life. It is a good idea to carefully research and comprehend the coverage provided by any insurance before buying it as these plans can vary based on the insurer and the specific policy terms.
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When is a mission statement valuable to an organization?
A. When it clearly conveys organizational goals to customers
B. When it allows for tracking the progress of departments' plans
C. When employees use it to guide decisions and actions
D. When it outlines compensation and benefits for employees
When it clearly conveys organizational goals to customers is a mission statement valuable to an organization. Thus option A is correct.
What is the organization?A firm, institution, group, or another type of body made up of one or more people and serving a specific function is referred to as an organization or organization.
The mission statement shows how the function of the organization will go and will follow the plan. It is right to the rules and regulations of the company that will be present. It would have the stockholder and the investor to progress in the year.
Therefore, option A is the correct option.
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Which is the most recent film to join the two billion dollar club at the box office?
In 2021, several films that have achieved this feat include "Avengers: Endgame", "Avatar", and "Titanic". It is important to note that the list of films that have made over two billion dollars at the box office is constantly changing as new releases come out and older films continue to generate revenue.
Revenue refers to the total amount of revenue generated by a business from its sales or services. It is the top line item on the income statement and represents the total amount of money the company earns before accounting for any fees or taxes. Revenue is often used as an indicator of a company's financial performance and growth, and is an important yardstick for investors and analysts when evaluating a company's potential future success.
Revenue can be generated from a variety of sources, including the sale of goods, services, and other products, as well as from rental income, interest and dividends, and other sources. The revenue calculation usually involves subtracting returns, allowances, and discounts from total sales to arrive at the net income figure.
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Liquidity ratios indicate how fast a firm can generate cash to pay bills.a. Trueb. False
Answer:
Liquidity ratios indicate how fast a firm can generate cash to pay bills. A. True B. False
The answer is A. true.
Explanation:
You're welcome.
the entry required to update an account balance prior to preparing financial statements is called a(n) entry.
Journal Entry is the entry required to update an account balance prior to preparing financial statements is called a(n) entry.
A journal entry is a record of financial transactions made in a company's general ledger or accounting system. This entry is made to reflect changes in the financial position of a business and to update its accounts. Journal entries can include transactions such as purchases, sales, payments, receipts, and adjustments. This is done by reviewing the journal entries made throughout the period and adjusting the accounts as necessary. The purpose of a journal entry is to provide a clear and detailed record of financial transactions that can be used to generate financial statements and reports.
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