The company should debit Insurance Expense for $1,470 and credit Prepaid Insurance for $1,470.
A way to control your risk is through insurance. When you purchase insurance, you protect yourself against unforeseen financial losses. If something unfavorable occurs to you, the insurance company pays you or a person of your choice. If an accident occurs and you don't have insurance, you might be liable for all expenses. Value flows into and out of a business are shown by debits and credits. For a company's books to remain balanced, they must be equal. Asset, expense, and loss accounts gain value as a result of debits. Liability, equity, revenue, and gain accounts are all valued higher thanks to credits.
Money is removed from your bank account when a debit is made. A credit is what a debit is the opposite of.
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what are the likely reason(s) that the market for electricity is not perfectly competitive? select all that apply. instructions: you must make a selection for each option. click once to place a check mark for correct answers and click twice to empty the box for wrong answers. check all that apply it is difficult to enter or exit the industry as a supplier.unanswered electricity is not a standardized (homogeneous) product.unanswered there are few buyers in the market.unanswered there are few sellers in the market.unanswered
In a perfect market structure, both producers and consumers have complete and symmetrical information and there are no transaction costs. In this type of scenario, a sizable number of producers and customers are in competition with one another.
Theoretically, a market with perfect competition is not monopolistic. In the market, there aren't many purchasers. It is challenging for suppliers to enter or leave the market. There are many buyers and sellers in a market with perfect competition, and they all start the exchange process.
The market is unrestricted and devoid of direct rivalry. It is presumptively true that all vendors are offering uniform or homogeneous goods. One standard or ideal type to which actual market structures can be contrasted is perfect competition.
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the panic of 1819: group of answer choices resulted partly from an upsurge in european demand for american farm products that the united states was unprepared to meet. led to impossibly high prices for western lands. prompted some states to suspend debt collections, which helped debtors but hurt creditors. enhanced trust in banks because they did such a good job of weathering the economic storm.
The Panic of 1819 was the result of over-speculation on newly available western lands, which led to high prices on land and banks foreclosing on western lands. It caused an international financial crisis.
The panic of 1819:
a. was partially caused by an increase in the demand for American farm products in Europe, which the United States was ill-equipped to meet.
b. caused western land prices to skyrocket.
c. increased trust in banks as a result of their excellent handling of the economic crisis.
d. led to the suspension of debt collection efforts in some states, which benefited debtors but hurt creditors.
e. motivated John Marshall's decision in Gibbons v. Ogden to side against the banking power.
The Second Bank of the United States (SBUS), which was heavily involved in these inflationary practices, started sharply reducing the amount of loans made by its western branches in 1818 in order to make up for its lax approach to controlling the state bank credit market. The state-chartered banks started foreclosing on the heavily mortgaged farms and commercial properties they had financed after the SBUS presented them with their own banknotes for redemption and they failed to provide gold specie from their reserves. A sudden increase in European agricultural production in 1817 and the ensuing financial panic both resulted in widespread bankruptcies and high unemployment.
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the market capitalization rate for admiral motors company is 8%. its expected roe is 10% and it expected eps is $5. if the firm's plowback ratio is 60%, what will be its p/e ratio?
The P/E ratio is 20 at 8% of market capitalization rate, 10% of expected roe, $5 eps and 60% plowback ratio.
The market capitalization rate 8% = 8/100
= 0.08
The expected is roe 10% = 10/100
= 0.1
The expected eps is $5
The Plowback ratio is 60% = 60/100
= 0.6
The growth rate is calculated as:
= Plowback ratio × ROE
= 0.6 × 0.1
= 0.06×100
= 6%
The P/E ratio is calculated as,
=1- Plowback ratio/ market capitalization rate - growth rate
= 1-0.6/0.08-0.06
= 0.4/0.02
= 20
Hence the P/E ratio is 20
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retailer's have information about a customer that includes what she has purchased, the colors, sizes, and styles, and how she has responded to recent promotions. this information is collectively called:
It serves as the basis for the subsequent CRM activities.
What are the exercises of CRM?A technology for managing all of your company's interactions with customers and potential customers is customer relationship management (CRM).The objective is clear: Enhance business connections. A CRM system aids businesses in enhancing profitability, streamlining procedures, and maintaining customer contact.
What serves as the basis for every CRM activity?Therefore, the so-called relationship model serves as the foundation for an effective CRM system. This necessitates having access to all pertinent information regarding your private or business clientele.
How does CRM work?The CRM process is a five-step strategy for keeping each customer interaction personalized and meaningful. The data and features your team requires to carry out this strategy and ultimately convert leads into customers are provided by a CRM system.
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use the following facts for a manufacturer. raw materials purchases $ 200,000 direct labor $ 450,000 indirect labor $ 35,000 selling and administrative costs $ 102,000 depreciation on factory equipment $ 120,000 other factory costs $ 165,000 sales revenue ($100 per unit) $ 2,296,000 january 1 december 31 raw materials $ 15,800 $ 13,300 work-in-process $ 35,700 $ 46,500 finished goods $ 85,100 2,200 units $138,400 3,340 units (not all produced in current year) what is the cost of direct materials used for the year? a. 189,200 b. 197,500 c. 202,500 d. 200,000 e. 215,800
The cost of the materials utilized for the provided inquiry in one year was $100,2700.
Production-related raw materials:
= Beginning Raw Material Inventory - Raw Material Purchases - Ending Raw Material Inventory
= $15,800 + $200,000 - $85,100
= $130700
Total cost of production:
Added to the Work in Process: Direct Labor, Manufacturing Overhead, and Raw Materials Used in Production
= $130700 + 450,000 + ( 35,000 + 102,000 + 120,000+165,000)
= $1002700
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what name do we use to refer to the buying and selling of spices that also made it possible to cultivate, prepare, and transport everything from ginger and turmeric to cardamom and cinnamon?
We refer buying and selling of spices that also made it possible to cultivate, prepare, and transport everything from ginger and turmeric to cardamom and cinnamon as a Spice trade.
The spice trade, an industry with ancient roots and significant cultural and economic impact, involves the cultivation, preparation, transportation, and marketing of spices and herbs. In the case of the spice routes, the connections were created by merchants moving goods from port to port. They primarily and profitably traded spices, which gave the routes their name.
Early on, the spice trade was connected to overland routes, but sea routes ultimately contributed to the trade's expansion. By keeping their products' provenance a secret, Arabic spice traders could command higher prices by making up fantastic tales about having to fend off fierce birds of prey in order to reach spices that were growing high up on cliff faces.
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rolando saves 8% of his income for a new car. this year he saved $3000 and his salary was $2000 less than in the previous year. what was his salary in the previous year
Rolando’ salary in the previous year is $39,500.
Let us assume ‘s’ to be the salary or income for this year.
And,Let y be last year's salary
Since 8% of the salary is 3000.
So, the equation is 0.08
s = 3000s = 37,500
Now the previous year should be
y = s + 2000y = 37,500 + 2000
= $39,500
Rolando saves 8% of his income for a new car. This year he saved $3000 and his salary was $2000 less than in the previous year. So , $39,500 was his salary in the previous year.
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a trader sold a cash-secured put that is in the money a few days from expiration. if the trader does not want to be assigned the stock, what can he do? select all that apply.
If the trader does not want to be assigned the stock Buy back the call contract and Roll the call to an out of the money strike.
The shares into which ownership of a corporation or company is split constitute stock in the financial world. A single share of stock represents a portion of the corporation's ownership in relation to the total number of shares. The ownership certificates of any corporation are referred to as "stocks" in general. A shareholder is someone who owns stock in a specific corporation. Stocks come in two common and favored varieties. Stocks signify ownership in a publicly traded business. You acquire a share of ownership in a firm when you purchase its stock. As an illustration, if a company has 100,000 shares and you purchase 1,000 of them, you will own 1% of the business. Investors purchase shares at a predetermined price that is determined by the state of the market.
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computer wholesalers restores and resells notebook computers. it originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. based on previous experience, computer wholesalers expects warranty costs to be approximately 4% of sales. sales for the month of december are $550,000. actual warranty expenditures in january of the following year were $20,500. required: 1. does this situation represent a contingent liability? 2.
Yes, warranty expense is a contingent liability for the computer wholesalers
Contingent Liability refers to an account being used to anticipate any future cash spending of a firm for a certain expense, the amount of which is easily determinable. Some transactions that fall under this category are Losses from lawsuits, Warranty Repairs, etc.
Yes, a Warranty Expense and Liability account is generally recognized immediately following a sales transaction.
Warranty Expense A/C.......Dr.$22,000
Warranty Liability A/C.....Cr $22,000
To record a contingent liability on warranty repairs
($550,000 x 4%)
Warrant Liability, beginning $22,000
less: Actual Expenditures in January (20,500)
Warranty Liability, ending $1,500
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insurance that covers valuable items, such as an expensive harp, is called a. buildings and other structures coverage b. homeowners insurance c. personal property floater d. household inventory insurance e. personal property insurance
The correct answer is C) personal property floater.
Insurance that covers valuable items, such as an expensive harp, is called personal property floater.
The majority of home insurance policies provide protection from fire, theft, and other dangers for your house, other structures, and personal property. Insurance also provides supplemental coverage for minor property damage calamities, personal responsibility, additional living expenditures, and medical payments.
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. In the event that something awful occurs to you, the insurance provider pays you or a different person of your choosing. If an accident occurs and you don't have insurance, you can be responsible for paying all costs.
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jodi owns a downtown office building. jodi originally purchased the building for $900,000 and took straight-line depreciation deductions of $400,000. what are the tax consequences if jodi sells the building for $2,100,000?
Price of the building = $900,0000
Depreciation charged = $400,000
Capital value on the date of sale = $500,000
Selling price = $2,100,000
Total profit =$1,600,000
This profit i.e., profit from the sale of commercial property is termed as Capital Gains and hence is attracts Capital Gains Tax at a flat rate of 20% irrespective of quantum, which in this case will be $1,600,000*20% = $320,000.
Immovable property such as land, building, apartment, individual house, etc. is termed as Capital asset for the purpose of income tax computation. Thus, the amount received from sale of property is treated as Capital Gains.
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ou have $20,000 to invest. you want to purchase shares of xerox at $17.34, qwest at $8.15, and liz claiborne at $44.73. how many shares of each company should you purchase so that your portfolio consists of 25 percent xerox, 40 percent qwest, and 35 percent liz claiborne?
0.673= Liz Claiborne.
Total Investment=$20000
Xerox 25 percent=20000*25% =5000
Qwest 40 percent=20000*40% =8000
Liz Claiborne 35 percent=20000*35% = 7000
Total portfolio is 5000×$17.34 + 8000×$8.15 + 7000×$44.73 = 86700+65200+313110=$465010
Xerox weight = 5000×$17.34 / $465010 = 0.186
Qwest weight = 8000×$8.15 / $465010 = 0.1402
Liz Claiborne weight = 7000×$44.73 / $465010 = 0.673
By means of funding, economists suggest the production of goods with the purpose to be used to supply other goods. This definition differs from famous usage, wherein choices to purchase stocks (see stock market) or bonds are concepts of as investments. funding is typically the end result of forgoing consumption.
Investments are usually bucketed into 3 foremost categories: stocks, bonds, and cash equivalents. there are many special sorts of investments within every bucket. right here are six forms of investments you might don't forget for a lengthy-term increase, and what you need to recognize about each.
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selling on consignment to retailers, which means they retain the title to the products displayed and bill retailers only for the merchandise sold, is characteristic of which limited-service wholesaler?
Which limited-service wholesaler is characterized by selling on consignment to retailers, whereby they retain ownership of the products exhibited and only charge merchants for the goods sold?
What do you call goods?When a potential customer enters your store, merchandise refers to everything you do to advertise and sell your products. When we discuss merchandise, we are usually referring to goods that may be purchased, usually in a retail setting.
What qualifies as a hallmark of merchant wholesalers?Wholesalers exhibit the traits listed below: Wholesalers purchase goods straight from suppliers or manufacturers. They purchase goods in bulk and distribute them in smaller amounts. They offer different variations of a specific line or product.
They are provided with an alluring price and other advantages that collectively constitute marketing. Planning, purchasing, sorting, promoting, placing, setting, and replenishing the goods are all included in the definition of merchandise. Purchased goods must be sold in order to refill the supply and avoid financial burden.
example of a product:
Any item you can sell or buy is referred to as merchandise. The term "merchandise" refers to any good that is offered for sale; some examples are groceries at a supermarket, clothing in a retail setting, electronics online, and raw materials in a manufacturing facility.
General-merchandise (full-line) (full-line) The products that wholesalers carry cover almost all of the needs of the clients they serve. B. Limited-line specialty-merchandise wholesalers focus on a small number of products and offer a wide variety of these products.
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which statement is true of an association rule? a. it is ultimately judged on how actionable it is and how well it explains the relationship between item sets. b. it uses analytic models to describe the relationship between metrics that drive business performance. c. it is a data reduction technique that reduces large information into smaller homogeneous groups. d. it seeks to classify a categorical outcome into two or more categories.
In descriptive analytics, historical data is stored, aggregated, and visualised in a form that can aid in understanding the present and prior states of the company. The answer is It uses analytic models to describe the relationship between metrics that drive business performance.
Working with a storage system where all the pertinent company data is gathered is the foundation of descriptive analytics. Depending on the volume and complexity of the data to be processed, this system may use classic SQL systems, distributed files and derivatives in the Hadoop style, or NoSQL databases. On this storage layer, technologies are deployed that enable the processing of this data both in batch and online modes, enabling the aggregations and queries required for the analysis.Predictive analytics refers to a technique for data analysis that focuses on predicting future outcomes based on historical information and data. Machine learning and statistical modelling are examples of analytics techniques that fall under this category.For accurate information and future predictions, the methodology is crucial.Thus, the method can link the present with the future, which is useful for future research.
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cribb corporation uses direct labor-hours in its predetermined overhead rate. at the beginning of the year, the estimated direct labor-hours were 42000 hours and the total estimated manufacturing overhead was $210000. at the end of the year, actual direct labor-hours for the year were 42800 hours and the actual manufacturing overhead for the year was $226800. how much overhead does cribb apply to jobs during the year? round all interim computations to the nearest penny and your final answer to the nearest dollar. just put in the numeric value with no punctuation other than a comma.
Overhead applied to jobs by Cribb corporation is $12800 with estimated direct labor-hours as 42000 hours and estimated manufacturing overhead as $210000.
Give a brief account on absorption costing.To keep track of all costs associated with creating a certain product, "absorption costing," also known as "full costing," is a managerial accounting technique. This plan includes for all costs, direct and indirect, including rent, insurance, direct materials, and direct labor.
The cost base for absorption costing includes everything that is a direct cost of producing a good. Under absorption costing, fixed overhead costs are also included in the product costs. A few expenses associated to product manufacturing include wages paid to employees who physically make a product, raw materials needed for production, and all overhead costs (such as all power bills spent during production).
To solve the question :
Given,
Estimated direct labor-hours = 42000 hours
Estimated manufacturing overhead = $210000.
Actual Hours Worked = 42800 hours
Actual Overhead = $226800
Budgeted Manufacturing Overhead rate
= total estimated manufacturing overhead / estimated direct labor-hours
= $210000 / 42000 hours
= $ 5 per hr
Actual Hours Worked = 42800 hours
Applied Overhead = Actual Hours Worked / Budgeted Manufacturing Overhead rate
= 42800 hours x $ 5 = $214000
Actual Overhead = $226800
Overhead = Actual overhead - Applied Overhead
= $226800 - $214000
= $12800
Hence, Overhead applied to jobs by Cribb corporation is $12800.
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The per-unit standards for direct labor are 1. 5 direct labor hours at $15 per hour. If in producing 2500 units, the actual direct labor cost was $48825 for 3150 direct labor hours worked, the total direct labor variance is $4275 unfavorable
Hours of direct labor worked result in a $4275 unfavorable direct labor variance.
How does labor variance work?A labor variance is defined as. When a labor activity's actual cost deviates (for the better or worse) from what was anticipated, this is known as a labor variation. Usually, the expected sum is a predetermined or budgeted sum.
Briefing :
Calculation to determine what the total direct labor variance is
Using this formula
Total Direct Labor Variance=(Standard Direct Labor Cost - Actual Direct Labor Cost
Let plug in the formula
Total Direct Labor Variance=[(2500 × 1.5) × $15]- $53100
Total Direct Labor Variance=$ 48825 - $53100
Total Direct Labor Variance = $4275 unfavorable
Therefore the total direct labor variance is$ $4275 unfavorable .
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within the department of management at rolling hills state university, there are three jobs: department chairperson, administrative assistant, and professor. there is 1 department chairperson, 1 administrative assistant, and 10 professors. how many positions are there? (note: the question is asking about positions, not jobs).
According to the concept of management, an individual or a group must be questioned and managed in order to attain desired goals and objectives. Management also includes the ability to organize, oversee, and mentor others.
What is the department of management ?Management is the method of organising a company's actions and resources to achieve certain objectives as effectively and efficiently as feasible. Efficiency in management refers to the capacity to carry out duties efficiently and successfully.
Giving a specific definition of the term "management" is exceedingly challenging. Management is viewed and interpreted from several perspectives by academics from other fields. Management is viewed by economics as a resource, just like land, labour, capital, and organisation. The bureaucrats view it as a system of authority to accomplish corporate objectives. Managers are seen by sociologists as members of the social class elite.
Author Stephen Covey discusses the Seven Habits paradigm of management and leadership for both personal and professional development. The College of Business Management and Accountancy's (CBAA) Business Management Department (BMD) provides thorough instruction in operations management & human resource development.
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your client, ray, wants to purchase a home listed for $200,000. the home is in a revitalization area, and ray can purchase it under the good neighbor program. how much will he have to pay for the home?
As per the rule those who qualify may purchase the home at a 50% discount, and with only $100 down, so $200,000, less 50%, plus $100 will be paid for the home.
Who are eligible for Good Neighbour Program?The "Good Neighbor Program" is a program given for the teachers, firefighters and law enforcement officers. This program gives them the opportunity to purchase homes at a lower rate in revitalization areas.
1. For the purposes of the GNND Sales Program, a person qualifies as a law enforcement officer if they satisfy the following criteria:
a. full-time employment with a state, a general municipal government, an Indian tribal authority, a federal law enforcement agency;
b. The individual is sworn to uphold and make arrests for violations of all applicable federal, state, tribal, county, township, and municipal laws while performing such full-time job.
c. The normal course of business for the full-time employment described in this section's paragraph (a) shall directly benefit the community where the residence is located.
2. Teachers
For the purposes of the GNND Sales Program, a person is considered a teacher if they meet the following criteria:
a. a full-time teaching position at a public or private school with state accreditation that offers direct services to students in grades kindergarten through 12;
b. The full-time job described in subsection (a) of this section must routinely assist pupils from the neighbourhood where the home is situated.
3. Emergency medical technicians or firefighters
For the purposes of the GNND Sales Program, a person is considered to be a firefighter/EMT if they are:
a. employed full-time by a fire department or emergency medical services responder unit of the federal government, a state, a general local government unit, or an Indian tribal government as a firefighter or emergency medical technician;
b. The locality where the residence is located must be directly served by the full-time employment described in this section's paragraph (a) in the normal course of business.
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7. (1pt) the sleeping flower co. has earnings of $10 per share. the benchmark price-earnings (pe) ratio for a similar company is 20. what stock price would you consider appropriate?
The Value/Profit Proportion shows how much a financial backer will pay for each portion of an organization's income. We can determine the stock's fair market price by using a benchmark P/E ratio and earnings per share.
What is an acceptable PE ratio?Again, these ratios are frequently compared to other things, so what's good or bad depends on what you compare it to. However, to give you an idea of what the market average is, many value investors use the range of 20 to 25 as the average P/E ratio.
Is a PE ratio of 100 acceptable?Investors are informed that the current P/E has reached or exceeded the previous value if the relative P/E measure is at least 100 percent.
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what management technique should colorful ice snowballs use to solidify their product mix and meet consumer's demands? (2 points)
Colorful ice snowballs should employ expansion as a management strategy to stabilize their product mix and satisfy consumer demand.
What is a plan for product expansion?The definition of product expansion states that it is a method used by firms to expand their operations. After gaining the interest of the target market, the company then tries to reach out to other markets.
What does a product mix expansion entail?Expansion of product mix: When a company adds more product lines, it is said to be expanding its product mix. Although they are not tied to the current items, these new lines are frequently related to the company's current product line.
Why is expanding the marketing mix important?The expanded marketing mix aids businesses in developing a comprehensive structure for their marketing strategy. A functional, comprehensive marketing plan is one step closer when each component of the mix is identified.
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according to random walk theory, what are the (approximate) odds that a stock will increase in price today after having increased on two consecutive days of trading?
According to random walk theory, the (approximate) odds of a stock increasing in price today after increasing on two consecutive days of trading are 50%.
A random walk is a random process in mathematics that specifies a path consisting of a series of random steps on a mathematical space. The random walk on the integer number line mathbb, which starts at 0 and travels +1 or 1 with equal chance at each step, is an elementary example of a random walk. Other examples include a molecule's route through a liquid or gas, a foraging animal's search path, the price of a fluctuating stock, and a gambler's financial condition.
Random walks have applications in engineering and numerous scientific domains, including ecology, psychology, computer science, biology, economics, and sociology. Karl Pearson coined the term "random stroll."
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the occupational safety and health act gives workers the right to a job: group of answer choices with equal wages for similar kinds of work. with wages that enable an employee to enjoy a decent standard of living. that is free from recognized hazards that are likely to cause death or serious injury. that does not require them to lift, bend, or move items at any time on the job.
The occupational safety and health act(OSHA) gives workers the right to a job "that is free from recognized hazards that are likely to cause death or serious injury".
The main goal of the OHSA is to establish the legal framework necessary for us to carry out our mission of providing a healthy and safe workplace by stipulating rights and obligations for all individuals involved in the workforce.
This will help to build a solid internal accountability system on the job. By setting and enforcing rules, providing training, communication, information, and support, it seeks to promote safe and healthy working environments for both men and women.
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holly is a member of the human resource department at invert corp. setting a goal to enhance the firm's strategy, holly works to attain it by understanding the current human resources. through a series of surveys, interviews, and observations, she learns what talents the various departments of invert corp. are currently in need of, and attracts new human resources according to those requirements. what kind of hrm responsibility does this example illustrate?
Holly is a member of the human resource department at invert corp. setting a goal to enhance the firm's strategy, HRM's responsibility to serve as a strategic partner.
A general plan to accomplish one or more long-term or overall goals in the face of uncertainty is known as a strategy. A strategy aims to direct the overall organization's course. It has an impact on the organization's long-term wellbeing. A strategy typically has a long time horizon, measured in years as opposed to months or weeks. Typical strategic plans may include objectives that must be met five years from now or later. The group of people who work for a company, industry, or economy collectively constitute its human resources. The knowledge and skills that people possess are referred to as human capital, which is a more specific concept. Similar terms include labor, personnel, associates, and people themselves.
The five main tasks that Human Resources oversees
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in 2000, microsoft had almost total market share. a significant market entry barrier for new competition was .
The Justice Department's cost that Microsoft is a monopolist rests normally on the fact that some version of the Windows running gadget is currently used
on some 80 percent of all personal computer systems in the world and that Microsoft has required pc producers to deploy Internet Explorer
Why is Microsoft accused of acting a monopoly in the pc running structures market?The Legal Case
Microsoft used to be formally charged with constituting a market monopoly via making it tough for customers to installation competing software program and simultaneously making it tough to uninstall the company's browser, Internet Explorer.
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https://brainly.com/question/29057414#SPJ4on june 1, parson association sold equipment to arleo and agreed to accept a 3-month, $50,000, 10% interest-bearing note in payment at a time when the prevailing rate of interest for similar transactions was 10%. when the note was collected upon maturity, parson would recognize interest revenue of:
Interest Revenue will be $1250 when the note was collected upon maturity.
what is Interest Revenue?
The income that an organisation receives from whatever investments it makes or on the debt it holds is known as interest revenue. A business must record interest income under the accrual basis of accounting even if it has not yet received payment in cash for the interest as long as it has earned the interest; this is done through an accrual journal entry. Interest revenue is only recorded on the cash basis of accounting when the firm receives a cash payment for interest.
According to the question
As market interest rate and note interest rate are the same
Interest Revenue=(50,000 x 10%) x (3/12)
=$1250
Thus the interest revenue is $1250
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jack, jerry, and joe purchased a property together. jack put up half of the money; joe and jerry each put up one-quarter of the money. their ownership is 50%, 25%, and 25%. what type of ownership is this?
Jack, Jerry, and Joe purchased a property together in the type of ownership known as tenancy in common.
Define tenancy in common.Equal or unequal undivided ownership between two or more people is referred to as tenancy in common. This sort of ownership is distinguished by the fact that if one owner passes away, their share is transferred to their heirs rather than the remaining owners who are still alive.
It is a formal agreement whereby two or more parties share ownership of a piece of real estate, like a house or a plot of land. A TIC's main characteristic is that each partner retains the option to leave their respective shares of the property to their descendants while also being able to sell their respective portions of the property.
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price is the only part of the marketing mix that is revenue producing. group of answer choices true false
The only component of the marketing mix that generates revenue is price.
One of the four main components of the marketing mix is pricing. Pricing is the only part of the marketing mix that brings in money; the other three are cost centers, or they make a company more expensive. The business model is strongly correlated with pricing.
Is price the most crucial component of the marketing mix?
Price is probably the most important part of the marketing mix because it ultimately decides how much money a company makes and how long it stays in business.
Why is cost the most significant of the four Ps?
A product's margin, which includes a portion that can be used for marketing, is determined by its online price. Marketers have more money to market a product if the margins are high.
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james advertises in the newspaper to sell his used car for $6,000. eric test drove the car and then offered james $5,400 for the car. in this case:
If James advertises in the newspaper to sell his used car for $6,000. eric test drove the car and then offered james $5,400 for the car. in this case: James will be at loss.
What is advertisement?Advertisement can be defined as the way of creating awareness about a product so as to attract potential buyers which inturn can help to increase sales.
Based on the scenario James will be at loss of the amount of $600 ($6,000 - $5,400) if he accept what eric offers after driving the car. Since James has already advertised the car for $6,000. On the other hand James may wish not to accept the offer and may only accept the offers if eric offer to pay $6,000.
Therefore james will be at loss if he accept the offer.
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happy go lucky electric company is the only company providing electric power to the city of go lucky. the accompanying graph depicts their marginal costs (mc), average total costs (atc), demand (d), and marginal revenue (mr). a. move point e to the firm's profit maximizing price and quantity. b. at the profit maximizing point, what is happy go lucky's level of profit?
Move point E to the firm's profit maximizing price and quanity. Happy Go Lucky's profit is$30
How do you calculate profit maximizing price and quantity in monopoly?The quantity of goods produced at which marginal revenue equals marginal cost, or when MR = MC, is the decision that will maximize profits for the monopoly.If the monopoly produces less, MR > MC at given output levels, and the enterprise can increase profits by increasing output. The level of output that maximizes a monopoly's profit is when the marginal cost equals the marginal revenue.According to this theory, the output whose marginal income equals its marginal cost maximizes profits.The monopolist should boost output if marginal revenue exceeds marginal cost. When marginal revenue and marginal cost are equal, profit is maximized.Profit is maximized at the quantity where marginal revenue at that quantity equals marginal cost at that quantity, as the previous discussion has demonstrated.To learn more about profit maximizing point refer
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7.4. suggest, giving reasons, appropriate forms of authentication for the following products: a. an e-learning product for teachers and students, funded by advertising, that allows users to recommend videos and other learning material on a range of topics. b. a personal finance app for mobile devices that can automatically transfer funds between different accounts based on rules set up by the user. c. a human resources product for businesses that helps manage the process of recruiting new staff.
Appropriate forms of authentication for the following products are "an e-learning product for teachers and students, funded by advertising, that allows users to recommend videos and other learning material on a range of topics which is access control for e-learning".
The Access control is a fundamental component of data security that dictates who's allowed to access it and use information and resources of company like e-learning, An e-learning access control is a structured method of training or teaching using electronic technology, rather than by knowledge passed on person to person.
The access control is important because it limit access to information and information processing systems.
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