Let's say the cost of tea, a possible coffee alternative, increases. This might enhance consumer demand for coffee.
What Is a Demand?A consumer's desire to buy products and services and willingness to pay a certain price for them are two aspects of demand, an economic notion. When a product or service's price goes up, less people will typically buy it. In a similar vein, a rise in demand will follow a fall in a product or service's price.
Demand is a concept that both customers and businesses are highly familiar with because it is logical and happens frequently throughout the course of almost any day. When a product's pricing is low, for instance, shoppers who are keeping an eye on it will purchase more of it. Shoppers purchase fewer items or sometimes none at all when anything occurs that increases the price, such as a change in season.
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Explain how the adjust row amounts feature helps in creating qb accountant budgets
QB accountant budgets make updating budgets much faster and allow for consistency and easy use.
Now you'll start making adjustments. If you're starting your budget from scratch, and therefore the monthly amount is the same, you'll be able to enter the primary month. Then click “Copy Across” and therefore the amount will populate for the complete year. Or, if you have already got data from a previous year, you'll be able to click “Adjust Row Amounts” and choose to extend or decrease the monthly amount by a particular amount or percentage. This makes updating budgets much faster and allows for consistency and easy use.
The adjust row amounts feature helps in creating Quick books accountant budgets as it makes updating budgets much faster and allows for consistency and easy use.
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Kalini, a package delivery service manager, is interested in implementing ________. To do this, kalini will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.
Kalini, a package delivery service manager, is interested in implementing scientific management. To do this, kalini will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.
What is scientific management?The scientific theory of management can be described as the theory that has to do with the way that there would be the analyzing and the synthesizing of the work flow. The aim here is to be able to improve upon efficiency and bring about increases in labor productivity.
Hence we can say that: Kalini, a package delivery service manager, is interested in implementing scientific management. To do this, kalini will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.
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how is accounting knowledge beneficial to different business majors? accounting knowledge helps .
Accounting plays an important role in running a business because it helps you track income and expenditures, ensure statutory compliance, and supply investors, management, and government with quantitative financial information which might be utilized in making business decisions.
There are three key financial statements generated by your records. The profit-and-loss statement provides you with information about the profit and loss. The record gives you a transparent picture on the financial position of your business on a selected date. The income statement could be a bridge between the profit-and-loss statement and record and reports the cash generated and spent during a particular period of your time. It is critical you retain your financial records clean and up thus far if you would like to stay your business afloat. Here are just some of the explanations why it's important for your business, big or small.
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Systems that have continual interaction with their environment are known as _____ systems.
Answer:
Open
Explanation:
In economic systems considered __________________________ the market largely determines what goods and services get produced, who gets them, and how the economy grows.
Free-market economies are those in which the market mostly dictates what commodities and services are produced, who receives them, and how the economy expands.
Supply and demand are the foundation of the free market, which has little to no governmental intervention. It is a concise description of every voluntary exchange that occurs in a specific economic setting. A spontaneous and decentralized sequence of arrangements by which people make economic decisions is what defines free markets. The size of a country's free market economy might vary greatly or be completely banned depending on its political and legal framework.
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Choose the statement below that explains what "closing" means. Multiple choice question. Closing means to bring an account balance to zero. Closing means to transfer an expense account's balance to the income statement. Closing means to transfer the balance in an account to an asset account. Closing means to adjust an account's balance to its correct amount.
The statement that explains what "closing" means is to bring an account balance to zero.
What is an account closing?It involves resetting the balances of the temporary & permanent accounts in which the balance of temporary accounts is zero and the balance of the permanent accounts increase. In account, the income summary is important in a closing entry as this is the summary used in the aggregation of all income account.
The closing entry sequences are transfer of all revenue accounts into the income summary, closing of all expenses by crediting the expense accounts and debiting income summary closing of the income account and transfer of all income statement balances to retained earnings.
In conclusion, the statement that explains what "closing" means is to bring an account balance to zero. Therefore, the Option A is correct.
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When applying the ______ stage, the entrepreneur may come up new applications or innovative twists.
When applying the Enhance stage, the entrepreneur may come up new applications or innovative twists.
What is entrepreneur?
Entrepreneurs are those who launch new businesses, bearing the bulk of the risks and getting the majority of the rewards. Starting a business is a practice of entrepreneurship. The entrepreneur is generally seen as an inventor who develops novel ideas for goods, services, companies, and operating procedures.
Therefore,
When applying the Enhance stage, the entrepreneur may come up new applications or innovative twists.
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
When a firm's customers make investments in order to use its particular product or service, the customers incur switching costs if they purchase another firm's products or services instead. Therefore, the option B holds true.
What is the significance of switching costs?The switching costs can be referred to or considered as the costs incurred by the customers of a product or a service when they use the alternatives or the competitive products available in the market, instead of the product they were using earlier.
Therefore, the option B holds true and states regarding the significance of the switching costs.
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
A. Acquisition costs
B. Switching costs
C. Alternative costs
D. Replacement costs
Assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 45 percent dividend payout ratio. what is the sustainable growth rate?
The SGR aims to increase sales and revenue while reducing financial leverage. A corporation can avoid financial trouble and excessive leverage by achieving the SGR.
What Is the Sustainable Growth Rate (SGR)?
The highest rate of growth that a business or social enterprise may sustain without using more equity or debt to fund expansion is known as the sustainable growth rate (SGR). In other words, it is the rate at which the business may expand without borrowing money from other sources by using only its own internal earnings.
Get or compute the company's return on equity (ROE) first. By comparing net income to shareholders' equity, ROE assesses a company's profitability. The dividend payment ratio for the corporation is then subtracted from 1. The percentage of earnings per share distributed to shareholders as dividends is known as the dividend payout ratio. The discrepancy should then be multiplied by the company's ROE.
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A bond that is secured only by the faith and credit of the issuing corporation is referred to as a(n)?
Unsecured debt comes in the form of debentures (in American usage). The most popular type of bond issued by businesses and governments is the debenture.
Mortgage bonds are a typical name for these kinds of secured bonds. Bondholders have the right to foreclose on the property used as collateral to recoup their payment obligations in the event that the company fails to make principal or coupon payments.
Secured corporate bonds are backed by assets that the issuer may sell to pay you back in the event that the bond is not paid when due. For instance, a factory or piece of industrial machinery could support a bond.
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Multinational firms are constantly faced with the decision of choosing between ________ adaptation and ________ integration. local; local local; global global; local global; global
Multinational firms are constantly faced with the decision of choosing between local adaptation and global integration. This is happening because. This happens because multinational firms want to adapt products that have been adapted to local communities but cannot adapt to the global integration that has been built. So the dilemma will always be present to adjust both.
Local adaptation is strategy of applying local requirements and data specific to a particular product or application to suit the language, culture and other local demands. Global integration is a strategy that emphasizes consistency of approach, standardization of processes and cultural commonality across the company's global operations.
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An increase in accounts payable represents an increase in net cash provided by operating activities, an effect similar to taking out a new bank loan. However, these two items show up in different sections of the statement of cash flows to reflect the difference between operating and financing activities. True or false?.
An rise in accounts payable has the same effect as taking out a new bank loan in terms of increasing net cash generated by operating operations. However, in order to represent the distinction between financing and operating activities, these two items appear in separate parts of the statement of cash flows. The statement is True.
Delay in paying suppliers for goods and services received is reflected in a rise in accounts payable. When cash financing is used to cover business expenses, it is comparable to a loan from a bank.
The impact on the statement of cash flows of a rise in accounts payable and bank debt is one of the key distinctions. The growth in accounts payable is reflected as a rise in operating cash flow, but the growth in bank debt is reflected as a rise in financing cash flow. Accounts payable are liabilities that need to be settled within a certain time frame in order to avoid default. It refers to supplier short-term payments at the corporate level.
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The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax. True or false?.
The problem is a false statement, pre-tax rate of return on municipal bonds is an example of an explicit tax.
What is explicit tax?
The impact of taxes on an asset's price is known as an implicit tax. For instance, the price will increase to reflect the tax preference if an asset is tax-preferred. To avoid errors, one must explicitly consider implicit taxes.
Investors must pay the implicit taxes as a cost for preferred (explicit) tax treatment. Tax preferences are the variations between an investment's taxable income and financial accounting income before taxes. Tax preferences are referred to as a whole as tax subsidies.
The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax. True or false
Therefore,
The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax.
The problem is a false statement.
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a is a group of related projects designed to accomplish a common goal over an extended period of time.
Program is a group of related projects designed to accomplish a common goal over an extended period of time.
A program is a cluster of related projects which are managed in a coordinated manner so that they could be executed simultaneously and share other resources, activities as well as stakeholders.
Program management is a strategic management approach used in order to execute and control multiple related projects. The goal of the program management is to drive benefits to the entire program only by sharing project resources, costs and other project activities.
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What is a strategic business unit (sbu)? how does strategic planning differ at the corporate and the sbu levels?
Divisions that operate independently from one another and are built on certain goods or brands. These units inside the company each have their own goals, management, resources, and rivals.
A corporate mission is set by senior managers for the entire organization.
The company's top managers then assess the business's internal and external environments and establish corporate-level objectives that direct decision-making inside each distinct SBU.
If the company is large enough to have separate SBUs, each SBU will have its own goals that are pertinent to its operations while also being closely related to the corporate goals.
What is a SBU?An SBU, or strategic business unit, is a fully operational part of a company with its own mission and goals.
A strategic business unit is typically run independently, but it is also an essential component of the corporation. It informs the administrative center of its functioning condition.
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A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors. Should you shelter in place?
Select the best option.
Yes
No
The statement A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors is true as you should shelter in place if a massive amount of ammonia gas has been accidentally released near your office and you have a room without windows and relatively tightly sealed doors.
Sheltering in place means staying indoors and creating a barrier between yourself and the outside environment to reduce exposure to hazardous material. A room with a tightly sealed door can provide a good barrier against the outside air and help to prevent the entry of hazardous gases.
It is important to follow any instructions given by emergency responders and to stay informed about the situation until it is safe to leave.
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Barney owns a lot valued at $84,000. he purchases an adjoining lot for $66,000 and merges the two properties. the current appraised value of the newly formed lot is $177,500. this is an example of:_____.
The freshly developed lot currently has a $177,500 appraised value. as an illustration: plottage
The required details for plottage in given paragraph
Plottage is the increase in value obtained by joining two or more neighboring pieces of land into one bigger tract. Assemblage describes the procedure of bringing the parcels together. In most cases, the total value of a parcel will be more than the sum of its smaller parts.
What does plottage increment mean?
The value added by fusing the lots is referred to as plottage increment. As an illustration, Steve is the owner of two adjacent plots. It costs $40,000 for each one. The overall valuation has increased by $10,000 and is now $90,000 when consolidated into a single property.
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One of the strongest lines of anatomical evidence of evolution is exhibited by patterns of ______ that are common to a group of related organisms.
One of the strongest lines of anatomical evidence of evolution is exhibited by patterns of embryological development that are common to a group of related organisms.
What is evolution?This is the term that is used to describe the way that organisms that exists in the environment were said to have evolved from other organisms. It is the gradual changes that were observed in the entities in the environment over periods of time.
The process of natural selection can be attributed to evolution. Hence we can say that: One of the strongest lines of anatomical evidence of evolution is exhibited by patterns of embryological development that are common to a group of related organisms.
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John d. rockefeller stands out among nineteenth-century business leaders because of his?
John d. Rockefeller stands out among nineteenth-century business leaders because of his innovative organization called vertical integration.
What is vertical integration?
Vertical integration is a procedure that entails acquiring corporate operations in order to produce the same thing.
When a business chooses vertical integration, they typically have control over some phases of product production and delivery.Vertical integration can also be defined as the union of businesses engaged in the same line of work but at various stages of production or distribution.For instance, because it involves many phases in its business, Amazon might be classified as one of the organizations with vertical integration.In addition to acting as a platform for buyers and sellers, Amazon also has its own distribution network and sells some of its own goods and services.To learn more about vertical integration, visit:
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Under what circumstances is a taxpayer required to use a calendar year tax period?
The correct answer is option (a). If the taxpayer does not keep books or accounting records then, a taxpayer required to use a calendar year tax period.
What is taxpayer?Taxable income is the portion of your gross income that is used to determine your tax liability for a specific tax year. In general, it can be defined as adjusted gross income (AGI) less permitted standard or itemized deductions. Along with investment income and numerous unearned income streams, taxable income includes wages, salaries, bonuses, and tips.
Your taxable income is the amount of your gross income that the IRS considers to be taxable.
It is made up of both earned and unearned money.
Among other sources of income, taxable income comes from wages, ventures, partnerships, and royalties.
Because deductions lower adjusted gross income, taxable income is typically lower.
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If the u.s. dollar is strong, what is the impact on trade between china and the u.s.?
The U.S. dollar will be able to purchase more Chinese items for less money if it is strong in relation to Chinese currencies. More Chinese goods will be imported into the American market as a result.
What is market?
The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market.
The term "market" is frequently used by businesspeople to refer to the associations of people or entities that make up the pool of present and potential consumers of their goods and services.
Therefore,
If the u.s. dollar is strong, what is the impact on trade between china and the u.s.?
The U.S. dollar will be able to purchase more Chinese items for less money if it is strong in relation to Chinese currencies. More Chinese goods will be imported into the American market as a result.
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The economy was at point a producing 100x and 200y. it moved to point b where it produces 200x and 300y. it follows that:______.
The Production-Possibility Frontier (PPF) of the economy was at point A, or the PPF may have moved outward and point A was on the previous PPF.
What is Production possibility frontier ( PPF) ?
The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.The production possibility frontier (PPF), which depicts situations that are impractical given the available resources, is above the curve.The PPF illustrates that an increase in one commodity's production can only occur when the production of the other commodity falls.Managers can use the PPF as a tool for making decisions when determining the best product mix for their organisation.To know more about PPF visit:
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Generally, a corporation is owned by the:______.
i) managers
ii) board of directors
iii) shareholders
Answer:
share holders
Explanation:
the managers only manage the b.o.d only hyper manage but the sharwholders share the compant
The study of economics would be superfluous (unnecessary) if ______________ did not exist. capital demand scarcity corporations profit
The study of economics would be superfluous (unnecessary) fundamental ideas did not exist. capital demand scarcity corporations profit. Making decisions wouldn't be necessary if resources were boundless and available to everyone. There would be no need for economics, the science of decision.
One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. As a result, scarcity may restrict the options available to consumers, who in the end drive the economy.
In economics, the term "scarcity" describes a situation in which there is a limited supply of a resource and a high demand for that item. Because of the scarcity of resources, consumers must choose how to best deploy those resources to meet as many of their wants and requirements as feasible.
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According to the text, spreadsheet packages are used by virtually every business for _______________.
An operating system performs three primary tasks: managing the computer's resources, including the CPU, memory, disc drives, and printers; creating a user interface; and running and supporting application software.
Application software that is used to complete routine tasks, such word processing, is referred to as general purpose software.
A general purpose software application is software that has been created to use a computer system to complete common or general tasks for users. Word processing, spreadsheet, and photo editing software are among examples.
The operating system's service maintains track of which users are using what resources—and how much—for accounting purposes as well as to compile consumption data.
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Assume joseph spends his entire income on x and y, and his indifference curves have the usual convex shape. if joseph maximizes his utility, then :_________
Joseph's indifference curves are assumed to be the typical convex shape and he spends all of his money on x and y. If Joseph optimizes his utility, he will use up all of his available funds.
What is the short definition of money?
A fund is a collection of funds set aside with a specific goal in mind. In order to provide returns for its clients, funds frequently invest and properly manage their money. Foundations, endowments, insurance funds, and pension funds are a few examples of common forms of funds.
Where do the monies come from?
relates to the source of the specific cash or any other monetary instrument that is the object of the transaction between a financial institution and the consumer. The source and mode of money transfers that are approved for the account are an alternative definition of SOF.
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Understanding the external business environment requires marketers to be aware of:____,
Understanding the external business environment needs marketers to be aware of differences in the law that impact how business is conducted.
What is External business environment?Customers, competition, economy, technology, political and social conditions, and resources are common external factors that influence the organization. Even if the external environment occurs outside an organization, it can have a significant influence on its current operations, growth and long-term sustainability.
The environment offers a variety of opportunities, therefore it's important to recognize them if you want to boost a company's success. Early identification gives an opportunity to a company be the first to identify opportunity instead of losing them to competition. Hence, Understanding the external business environment needs marketers to be aware of differences in the law that impact how business is conducted.
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According to nutt and backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic change, rigid organizations:____.
According to Nutt and Backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic change, rigid organizations are hierarchical.
What is rigid organizations?Decision-makers are divided from Knowledge Carriers and Knowledge Workers by vertical tiers denoted by hierarchy in a strict and bureaucratic organizational structure. Even if each layer is divided by discrete functional or horizontal boundaries, this process is known as strategic business unit delineation (SBU).Indicators of a rigid organizational structure include the following:There is a dominant centralized "command and control" style of leadership.Organizational structure that is hierarchical with several levels of control between "top and bottom."Short periods of control.Functional compartments that function separately.There is very little talent transfer between silos inside the organization.A bureaucratic organization has strict, rigorous policies, rules, and regulations. This type of organizational structure is hesitant to modify the things they have been doing since the company's inception.Learn more about organizational structure here:
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If you are asked to fill out a w-9 instead of a w-4 when you first start a job, what does that mean?.
They should use Form W-4, which is the correct form. If your employer gives you a W-9 instead of a W-4 when you start a full-time job, that may indicate that they hired you as an independent contractor rather than an employee, and you may be responsible for making tax payments to the IRS.
Use Form W-9 to give your correct Taxpayer Identification Number (TIN) to anyone who needs to file a report with the IRS about something that was paid to you, like:
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A company has a predetermined overhead rate of $14 per machine hour. job 846 uses 27.5 machine hours. overhead allocated to job 846 will be $________
Answer:385
Explanation: 14*27.5