which of the following is a value-added activity? question 10 options: engineering design machinery repair inventory storage inspections

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Answer 1

Out of the given options, engineering design is a value-added activity.

What is a value-added activity?

A value-added activity is an action or task that increases the value or quality of a product or service. These actions or tasks are regarded as beneficial to a company or organization since they increase productivity, reduce costs, and improve consumer satisfaction, among other things.

Engineering design is the process of generating creative concepts, producing detailed specifications, and developing prototypes that will ultimately be used in the production of a product. The engineers are responsible for designing a product that meets specific needs or requirements.

The engineers' focus is on developing a product that is both functional and cost-effective, as well as meeting all safety standards. Therefore, out of the given options, engineering design is a value-added activity.

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Related Questions

you are going to receive $5,000 at the end of each year for four years. if the annual discount rate is 7%, what is the present value of this income stream?

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The present value of this income stream is $16,119.27.

This is calculated by taking the amount of $5,000 received at the end of each year and discounting it back to the present day, taking into consideration the 7% annual discount rate.

For example, if we assume the payments are received at the end of each year, then the present value calculation would look like this:

Year 1: 5,000 / (1 + 0.07)^1 = 4,673.03
Year 2: 5,000 / (1 + 0.07)^2 = 4,367.36
Year 3: 5,000 / (1 + 0.07)^3 = 4,081.97
Year 4: 5,000 / (1 + 0.07)^4 = 3,814.82

The total present value of this income stream is then calculated as follows:

4,673.03 + 4,367.36 + 4,081.97 + 3,814.82 = $16,119.27

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a company has 15 million authorized shares. it has 3 million treasury shares and has 10 million issued shares. it went public at $50 per share last year. it now trades at $35 per share. what is the current market value of its equity?

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The current market value of the company's equity can be calculated by multiplying the number of outstanding shares (10 million) by the current share price ($35). Therefore, the market value of the company's equity is $350 million.

It is important to note that the authorized shares are the maximum amount of shares the company is allowed to issue, while the treasury shares are the company's own shares that have been previously issued and are then reacquired by the company. The issued shares are the number of shares that have been made available to the public.

The $50 per share that the company went public at last year is known as the initial public offering (IPO) price. The difference between the current share price of $35 and the IPO price of $50 is the loss in value that the company's equity has experienced over the last year.

It is also important to note that market value of the company's equity is not the same as the book value of the company's equity, which is the sum of the company's liabilities and its shareholders' equity. The book value does not take into account the fluctuations in the market and does not reflect the current market prices of the company's equity.

Overall, the current market value of the company's equity is $350 million. This can be calculated by multiplying the number of outstanding shares (10 million) by the current share price ($35).

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the federal reservea.is part of the executive branch of government.b.is only responsible for controlling the money supply.c.is the central bank of canada.d.was created in 1913.

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The federal reserve can be considered as the one which is known was to be option D. created in 1913.

What is federal reserve?

Federal Reserve is the central bank of the United States, not Canada. The central bank of Canada is called the Bank of Canada. Both institutions are responsible for managing monetary policy in their respective countries, but they operate independently and have different mandates and structures.

The Federal Reserve was created by the U.S. Congress in 1913 to provide the nation with a stable and flexible monetary and financial system, while the Bank of Canada was established in 1934 to "promote the economic and financial well-being of Canada."

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on january 1, nees manufacturing lends $10,000 to roberson supply using a 9% note due in eight months. calculate the amount of interest revenue nees will record on september 1, the date that the note is due.

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The amount of interest revenue nees will record on september 1, the date that the note is due is $604.

To calculate the amount of interest revenue Nees will record on September 1, we can use the following formula:

Interest Revenue = Principal x Interest Rate x Time (in years)

In this case, the principal is $10,000, the interest rate is 9%, and the time is 8 months (0.67 years).

Therefore, the interest revenue that Nees will record on September 1 is:

Interest Revenue = $10,000 x 0.09 x 0.67

Interest Revenue = $604

Thus, Nees will record $600 of interest revenue on September 1.

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suppose the government increases taxes. what will happen to disposable income and consumer spending? a. disposable income

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When the government increases taxes, disposable income and consumer spending will both be c) falls.

The correct option is c) falls.

When the government increases taxes, disposable income will be reduced. This is because individuals have to pay a larger amount in taxes and thus have less money to spend on other goods and services. As a result, consumer spending is likely to decrease.


Disposable income is the money that is available to be spent on goods and services after taxes are taken out. Therefore, when taxes are increased, disposable income is decreased.

Consumer spending is the total amount of money that is spent on goods and services. When disposable income is reduced, consumer spending will also be reduced. This is because people have less money to spend on the goods and services they would normally purchase.

In summary, when the government increases taxes, disposable income and consumer spending will both be reduced.

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Complete question:

Suppose the government increases taxes. What will happen to disposable income and consumer spending?

1. Disposable income

a) does not change.

b) increases.

c) falls.

if the yield increases--and everything else remains the same--the required capacity in flow units per time period . multiple choice question.

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If the yield increases--and everything else remains the same--the required capacity in flow units per time period will? Increase. The correct answer is option D.

This is because when the yield increases, more output is produced in the same amount of time, and thus the required capacity is higher.

In other words, if the yield increases, the required capacity will also increase as it needs to be able to accommodate the increased output. If the yield increases--and everything else remains the same--the required capacity in flow units per time period also increases.

What is meant by required capacity?

The required capacity is the amount of energy, labor, or other inputs required to produce a product or service. In operations management, required capacity refers to the level of output required to meet a specific demand level over a specified period of time.Increases in yield increase the level of output required to meet a given demand level over a specified period of time, resulting in an increase in required capacity. Other things remaining constant, an increase in yield results in an increase in capacity required.

The correct answer is option D.

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Via Gelato is a popular neighborhood gelato shop. The company has provided the following data concerning its operations:
Fixed Element Variable Element Actual Total per Month per Liter for June
Revenue $12 $71,540 Raw materials $4.65 $29,230 Wages $5,600 $1.40 $13,860
Utilities $1,630 $0.20 $3,270
Rent $2,600 $2,600 Insurance $1,350 $1,350 Miscellaneous $650 $0.35 $2,590
While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example, wages should be $5,600 plus $1.40 per liter of gelato sold and the actual wages for June were $ 13,860. Via Gelato expected to sell 6,000 liters in June but actually sold 6,200 liters.
Required:
Prepare a report showing Via Gelato's revenue and spending variances for June.

Answers

A report based on Via Gelato's revenue, raw materials, wages, utilities, rent, insurance, and other miscellaneous details can be prepared by recording revenue variance, material spending variance, wages spending variance, utilities spending variance, and miscellaneous spending variance.

Revenue variance:

Actual revenue = 6,200 liters x $12 = $74,400

Expected revenue = 6,000 liters x $12 = $72,000

Revenue variance = Actual revenue - Expected revenue = $74,400 - $72,000 = $2,400 favorable

Spending variances:

Material spending variance:

Actual spending = $29,230

Actual liters used = $29,230 ÷ $4.65 = 6,287.10 liters

Expected spending = 6,000 liters x $4.65 = $27,900

Material spending variance = Actual spending - Expected spending = $29,230 - $27,900 = $1,330 unfavorable

Wages spending variance:

Actual spending = $13,860

Actual base wages = $5,600

Actual variable wages = $13,860 - $5,600 = $8,260

Actual liters used = $8,260 ÷ $1.40 = 5,900 liters

Expected spending = $5,600 + (6,000 liters x $1.40) = $14,200

Expected base wages = $5,600

Expected variable wages = $14,200 - $5,600 = $8,600

Wages spending variance = Actual spending - Expected spending = $13,860 - $14,200 = $340 unfavorable

Base wages variance = Actual base wages - Expected base wages = $5,600 - $5,600 = $0

Variable wages variance = Actual variable wages - Expected variable wages = $8,260 - $8,600 = $340 favorable

Utilities spending variance:

Actual spending = $3,270

Actual liters used = $3,270 ÷ $0.20 = 16,350 liters

Expected spending = 6,000 liters x $0.20 = $1,200

Utilities spending variance = Actual spending - Expected spending = $3,270 - $1,200 = $2,070 unfavorable

Miscellaneous spending variance:

Actual spending = $2,590

Actual liters used = $2,590 ÷ $0.35 = 7,400 liters

Expected spending = 6,000 liters x $0.35 = $2,100

Miscellaneous spending variance = Actual spending - Expected spending = $2,590 - $2,100 = $490 unfavorable

The report showing Via Gelato's revenue and spending variances for June is as follows:

Revenue variance: $2,400 favorable

Material spending variance: $1,330 unfavorable

Wages spending variance: $340 unfavorable

Utilities spending variance: $2,070 unfavorable

Miscellaneous spending variance: $490 unfavorable

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moving from the smallest to the largest value over this time span, what is the percentage change in the money supply m (m2)?

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The percentage change in the money supply (M2) as we move from the smallest to the largest value over this time span is 59.9%. Money supply is the total amount of currency, demand deposits, and any other liquid assets held by a country's citizens and institutions. The money supply is divided into several categories, the most important of which is M1 and M2.

In the year 2000, the money supply M2 was $4,319.2 billion. Over the following five years, it grew to $6,901.5 billion by 2005.The formula for percentage change can be defined as:$$\text{Percentage Change} = \frac{Final\;Value - Initial\;Value}{Initial\;Value} \times 100$$We can utilize this equation to determine the percentage change in the money supply M2 as we move from the smallest to the largest value over this time span.

Percentage Change = $${\left(\frac{6,901.5 - 4,319.2}{4,319.2}\right)} \times 100$$Percentage Change = 59.9%Thus, there is a 59.9% percentage change in the money supply (M2) as we move from the smallest to the largest value over this time span.

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Refer to the above diagram, which shows demand and supply conditions in the competitive market for product X. Other things equal, a shift of the supply curve from S0 to S1 might be caused by a(n):
government subsidy per unit of output paid to firms producing X.
increase in the number of firms producing X.
decline in the price of the basic raw material used in producing X.
increase in the wage rates paid to laborers employed in the production of X.

Answers

According to the given graph, a shift of the supply curve from S0 to S1 might be caused by an increase in the wage rates paid to laborers employed in the production of X.

Let's understand how this conclusion was made: The above diagram represents the market for product X. The horizontal axis represents the quantity of product X, while the vertical axis represents the price of product X. The demand curve shows the relationship between the price of the product X and the quantity of X that consumers are willing to buy. It slopes downwards as the price of the product decreases, and the quantity demanded increases. The supply curve shows the relationship between the price of product X and the quantity of X that producers are willing to sell. It slopes upwards as the price of the product increases, and the quantity supplied increases. The point where the supply and demand curve intersects is called equilibrium. It represents the price at which the quantity demanded by the consumer is equal to the quantity supplied by the producer. At equilibrium, there is no shortage or surplus of the product in the market. It is represented by point E in the graph.

Other things being equal, a shift of the supply curve from S0 to S1 might be caused by an increase in the wage rates paid to laborers employed in the production of X. A rise in wage rates will lead to a rise in the cost of production of product X. Hence, firms would need to charge higher prices to cover the higher cost of production. Therefore, the supply curve will shift from S0 to S1.

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Which person should most consider purchasing life insurance?
A. Todd is a single parent in his 30s who owns a home.
B. Chaz is a widower with no children.
C. Hendrix is a teenager who lives with his parents.
D. Shelly is a single woman in her 60s with no debt.

Answers

Answer:

C

Explanation:

Answer:

The correct answer is A) Todd is a single parent in his 30s who owns a home.

Explanation:

I just had it on a test and got it right

select all the correct answers. what were two effects of the lack of representation of the third estate in the estates-general?

Answers

The lack of representation of the Third Estate in the Estates-General had two major effects. it caused the Third Estate to become increasingly angry and it led to an unequal taxation system

First, it caused the Third Estate to become increasingly angry and frustrated over the lack of power they had in their government. This anger was expressed in the National Assembly and ultimately led to the French Revolution.

Second, it led to an unequal taxation system. The Third Estate was forced to pay more taxes than the other two estates, which led to an increasing sense of unfairness and resentment.

This increased tension between the different estates and ultimately resulted in the collapse of the Ancien Régime.

In summary, the lack of representation of the Third Estate in the Estates-General had two major effects. It caused the Third Estate to become increasingly angry and frustrated, leading to the French Revolution.

It also led to an unequal taxation system which caused resentment and tension between the different estates and resulted in the collapse of the Ancien Régime.

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your study partner is confused by the upward-sloping short-run aggregate supply curve and the vertical long-run aggregate supply curve. how would you explain this? the short-run aggregate supply curve slopes upward because many production costs, particularly can be taken as . the long-run aggregate supply is vertical because all prices, including nominal wages, are fully in the long-run.

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The short-run aggregate supply curve slopes upward because many production costs, particularly can be taken as such.

This means that when the demand for goods and services in the economy increases, businesses will produce more in the short run, but this will come at an increasing cost as resources become scarce. This is reflected in the upward slope of the short-run aggregate supply curve.
The long-run aggregate supply curve is vertical because all prices, including nominal wages, are fully in the long-run. This means that when there is an increase in demand for goods and services in the economy, businesses will be able to produce more without facing increasing costs because they will be able to increase the number of workers and other resources that they use. This is reflected in the vertical slope of the long-run aggregate supply curve.
In summary, the difference between the upward-sloping short-run aggregate supply curve and the vertical long-run aggregate supply curve is due to the fact that in the short run, businesses face increasing costs as they produce more, while in the long run, businesses are able to increase production without facing increasing costs. This is reflected in the shape of the two curves.

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the amount of a product that would be offered for sale at a wide array of prices that would prevail in the market refers to:

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The amount of a product that would be offered for sale at a wide array of prices that would prevail in the market refers to the supply of the product.

What is supply?

Supply is the total amount of a commodity or service that a producer, or a group of producers, is willing to offer to the market at various price points during a particular period of time. As a result, supply is a fundamental principle in economics that reflects how much of a good or service is available to consumers at various prices.

In general, the supply of a product is influenced by several variables, such as price, production costs, technology, and others. Therefore, it is important to note that the supply of a product can fluctuate based on various factors, and therefore the price of a product can also vary accordingly, with a wide array of prices prevailing in the market.

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a restaurant is open 24 days each month. its monthly fixed payroll cost is $31,800 and its daily variable payroll cost is $2,100. what is the restaurant's total daily payroll cost? $2,000 $3,800 $3,425 $4,200

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The restaurant's total daily payroll cost is $1,412.50

Days on which the restaurant is open = 24

The monthly fixed payroll cost = $31,800

Daily variable payroll cost = $2,100

Calculating the daily variable payroll cost:

Daily variable payroll cost = Monthly variable payroll cost / Number of days per month

= 2,100 / 24

= 87.50

Calculating the total daily payroll cost:

Total daily payroll cost = Daily fixed payroll cost/ Number of days + Daily variable payroll cost

= 31,800 / 24 + 87.50

= 1,325 + 87.50

= 1,412.50

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When calculating a feeder or service load for existing installations, if the maximum demand data for a 1-year period is not available, the calculated load shall be permitted to be based on the maximum demand (the _____ kilowatts reached and maintained for a 15-minute interval) continuously recorded over a minimum 30-day period using a recording ammeter or power meter connected to the highest loaded phase of the feeder or service, based on the initial loading at the start of the recording.highest average220.87(1) Ex

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If the maximum demand data for a 1-year period is not available, the calculated load shall be permitted to be based on the maximum demand (the highest average is 220.87(1) kilowatts reached and maintained for a 15-minute interval)

What is a feeder in electricity?


In the context of electricity distribution systems, a feeder is a circuit that carries electrical power from a substation to a distribution network or to a group of customers. A feeder is typically a set of electrical conductors (such as overhead wires, underground cables, or busbars) that are designed to deliver power to a specific area or group of customers.

Feeders are an essential component of electrical power distribution systems and are used to manage the flow of electricity from the substation to the loads. The size and capacity of a feeder depend on the amount of electrical power it is intended to deliver and the number of customers it is designed to serve.

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when fraud risk is significant, and management cooperation is unsatisfactory, the auditors will most likely:

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When fraud risk is significant, and management cooperation is unsatisfactory, the auditors will most likely express a qualified or an adverse opinion on the financial statements.

What is audit risk?

Audit risk is the risk that an auditor will provide an inappropriate audit opinion on financial statements. Audit risk has three components: control risk, detection risk, and inherent risk. The likelihood of material misstatements that were not identified by the internal control system or discovered by the audit procedure is inherent risk. Detection risk is the possibility that audit procedures will not identify material misstatements. Control risk is the risk that an error or fraud in a business's financial records may not be identified or corrected by internal controls.

Thus, when fraud risk is significant, and management cooperation is unsatisfactory, the auditors will most likely express a qualified or an adverse opinion on the financial statements.

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the government sends a $2,000 check to every adult. that is intended to shift aggregate demand to the right, and increase real gdp. true false

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The given statement "the government sends a $2,000 check to every adult in order to shift aggregate demand to the right and increase real GDP" is true.

This policy, which is a fiscal policy, would encourage people to consume more and invest more, both of which would increase GDP.

The GDP or gross domestic product, which is a measure of a nation's economic performance, is determined by aggregate demand and supply factors, and this measure determines the nation's welfare or standard.

The real GDP is a measure of a nation's economic output adjusted for price inflation. To increase GDP, there must be a rise in total spending in the economy, which might occur if there is an increase in the aggregate demand (AD).

As a result, a rise in government spending, an increase in household consumption, an increase in business investment, or

an increase in net exports may all lead to a rise in aggregate demand, resulting in a rise in real GDP.

This means that if the government sends a $2,000 check to every adult, it is intended to shift aggregate demand to the right and increase real GDP.

So, this is how the government sends a $2,000 check to every adult in order to shift aggregate demand to the right and increase real GDP.

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a furniture manufacturer with a reputation for making plain, lightweight foldable steel chairs decides to make cushioned chairs with printed upholstery. the new type of chair will be a . group of answer choices repositioned product discontinuous innovation product line extension new and improved product

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When a furniture manufacturer with a reputation for making plain, lightweight foldable steel chairs decides to make cushioned chairs with printed upholstery, the new type of chair will be a product line extension.

A product line extension is when a business adds new products to an existing product line in order to meet a specific customer need or to increase sales. In this case, the furniture manufacturer is extending its product line to include cushioned chairs with printed upholstery, which is a departure from the plain, lightweight foldable steel chairs they are known for.

This is not a discontinuous innovation because it is not a completely new product category or market. Rather, it is an extension of the manufacturer's existing product line. It is also not a repositioned product because the company is not changing the positioning or target market for their existing product line.The new cushioned chairs with printed upholstery are also not just a new and improved version of the existing chairs.

Rather, they are a new type of product altogether that serves a different customer need.To sum up, the furniture manufacturer's decision to make cushioned chairs with printed upholstery is an example of a product line extension.

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kenny and tyler, who do not get along, were assigned to work on a spanish project together. instead of asking for a new partner, kenny decided to approach tyler to mend their relationship. kenny was using

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Kenny and Tyler, who do not get along, were assigned to work on a Spanish project together. Instead of asking for a new partner, Kenny decided to approach Tyler to mend their relationship. Kenny was using a strategy called  collaborative problem-solving.

Collaborative problem-solving is the process of working with others to identify and resolve a problem. It involves the pooling of resources, knowledge, and skills of individuals to find a solution that is satisfactory to all parties involved.

Collaborative problem-solving typically involves a team of people who work together to identify the problem, gather information, analyze the data, and propose potential solutions. It is a highly effective approach to problem-solving as it brings together different perspectives and experiences, which can lead to more creative and innovative solutions.

In this approach, both parties come together and work out their differences in order to complete a common goal. In this case, Kenny and Tyler need to work together to finish their Spanish project.

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One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $500 per month. You will charge 0.9 percent per month interest on the overdue balance.
If the current balance is $14,720, how many months will it take for the account to be paid off?

Answers

It will take approximately 30 months for this customer's accounts payable balance to be paid off. The current balance of $14,720 will be paid in installments of $500 per month with 0.9 percent interest being charged each month.

This interest will be computed each month, and applied to the balance. At the end of each month, the interest portion of the payment will be deducted from the balance, and the remaining amount will be applied to the principal, reducing the balance further.

This will continue until the balance is paid up, in approximately 30 months. This repayment schedule is based on the principle of compound interest, meaning that the interest is calculated not only on the principal amount, but also on the interest accrued from the previous months.

This repayment plan allows the customer to slowly reduce their balance over time and pay off their accounts payable balance.

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Labran is a talented writer and graphic artist who enjoys both types of work equally. Instead of earning $45,000 as a writer, Bruce now earns $25,000 in accounting profits as a graphic artist using the same computer equipment he would have used as a writer. What is Bruce's economic profit from choosing to work as a graphic artist?

Answers

Bruce is experiencing an economic loss of $20,000 by choosing to work as a graphic artist instead of a writer.

To calculate Bruce's economic profit from choosing to work as a graphic artist, we need to consider his opportunity cost, which is the forgone income he would have earned as a writer.

If Bruce had worked as a writer, he would have earned $45,000. However, he chose to work as a graphic artist and earned $25,000 in accounting profits. Accounting profit is the total revenue earned minus the explicit costs, such as equipment and material costs.

To calculate Bruce's economic profit, we need to subtract his opportunity cost from his accounting profit. Therefore, his economic profit can be calculated as:

Economic profit = Accounting profit - Opportunity cost

Economic profit = $25,000 - $45,000

Economic profit = -$20,000

The negative economic profit means that Bruce's decision to work as a graphic artist instead of a writer resulted in a loss of $20,000. In other words, if Bruce had worked as a writer, he would have earned $20,000 more than what he earned as a graphic artist.

This calculation highlights the importance of considering opportunity costs when making economic decisions. While Bruce may enjoy working as a graphic artist, he could have earned more by working as a writer, which was his next best alternative.

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the amount reported on the company's cash flow statement as net cash used by investing activities would total what amount g

Answers

1.Net Cash Flow = Net Cash Flow from Operating Activities + Net Cash Flow from Financial Activities + Net Cash Flow from Investing Activities.

2.Net Cash Flow = Total Cash Inflows – Total Cash Outflows.

3.100,000 + 40,000 – 60,000 = 80,000

The amount reported on the company's cash flow statement as net cash used by investing activities would total the amount "g".

The amount reported on the company's cash flow statement as net cash used by investing activities would total the net amount of cash that was used for investment activities during a particular period.

These investment activities could include the acquisition or disposal of long-term assets, such as property, plant, and equipment, as well as any investments in other companies or securities.The net cash used by investing activities figure can be calculated by subtracting the total cash inflows from investing activities from the total cash outflows from investing activities.

The resulting figure will indicate whether the company is generating more or less cash from its investments than it is spending on those investments. If the net cash used by investing activities is a positive number, it indicates that the company is spending more cash on its investments than it is generating from those investments.

On the other hand, if the net cash used by investing activities is a negative number, it indicates that the company is generating more cash from its investments than it is spending on those investments.

Cash flow statements are an important financial statement that provides investors with valuable information about a company's cash inflows and outflows during a particular period.

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discuss the role of information in the supply chain and how it supports supply chain planning and execution.

Answers

Information is an essential component of the supply chain, as it provides the data needed to plan and execute successful strategies. By utilizing data and analytics, businesses can maximize their efficiency, better understand their customers, and stay ahead of the competition.

Information plays a vital role in the supply chain, as it enables the efficient management of resources and allows for accurate planning and execution. Information helps to identify current customer needs and market trends, which in turn helps businesses to plan ahead and make informed decisions about the sourcing, manufacturing and distribution of products.

Additionally, information facilitates the tracking of inventory and helps to ensure that products are available when and where customers need them. Lastly, the use of data and analytics in the supply chain helps to identify inefficiencies and areas for improvement, thereby allowing businesses to maximize their efficiency and minimize their costs.

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Kilroy uses the net method to record sales on account. kilroy sells goods on account for $1,000 with terms 2/10, n/30. the journal entry to record this transaction will include (select all that apply.) multiple select question. debit to sales, $1,000.
credit to sales, $980.
credit to sales, $1,000. credit to accounts receivable, $980. debit to accounts receivable, $1,000.
debit to accounts receivable, $980.

Answers

Answer: The journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000.

Explanation: When Kilroy sells goods on account for $1,000 with terms 2/10, n/30 and uses the net method to record sales on account, the journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000. The terms 2/10, n/30 mean that if the customer pays within 10 days of the invoice date they will receive a 2% discount. If they do not pay within 10 days they must pay the full amount within 30 days of the invoice date.

Received message. The journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000. When Kilroy sells goods on account for $1,000 with terms 2/10, n/30 and uses the net method to record sales on account, the journal entry to record this transaction will include a debit to accounts receivable, $1,000 and a credit to sales, $1,000. The terms 2/10, n/30 mean that if the customer pays within 10 days of the invoice date they will receive a 2% discount. If they do not pay within 10 days they must pay the full amount within 30 days of the invoice date.

Hope this helps, and have a great day!

The clarity and tone of a message are improved when you use positive and courteous language.a. Unfortunately, we had a hard time completing the report; we deserve an extension.b. We still aren’t done with the report. We need an extension.c. We request a brief extension to complete the report.d. You should give us an extension on the report because we aren’t done yet.

Answers

Using positive and courteous language enhances the clarity and tone of a message. The best revision for the given sentence is "We request a brief extension to complete the report." Thus, Option C is correct.

The revised sentence uses positive and courteous language by requesting an extension instead of demanding it. The use of the word "brief" shows consideration for the time of the person granting the extension. The sentence does not make excuses or dwell on the difficulties faced in completing the report, but rather focuses on the solution. This approach is more likely to elicit a positive response from the recipient of the message.

Using polite language also conveys respect and professionalism, which can help to establish positive relationships with colleagues and clients.

This question should be provided as:

The clarity and tone of a message are improved when you use positive and courteous language.

Choose the best revision for the following sentence.

A. Unfortunately, we had a hard time completing the report; we deserve an extension.B. We still aren't done with the report. We need an extension.C. We request a brief extension to complete the report.D. You should give us an extension on the report because we aren't done yet.

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Ten thousand people wanted to attend a concert, but the stadium only seats 3,000. Because of the high demand, concert officials increased the price of admission to a point
where only 3,000 people were able to afford the price. Which of the following best relates to the other 7,000 people who were unable to attend the concert:
Limited demand
Price incentives
Price rationing
Excess supply

Answers

It would be an example of price rationing. Since 3000 could only attend, they would have to increase the price to gain a profit from the demand.

consider a 10-year treasury bond with face value of $1000 and an annual coupon rate of 5%. current interest rates are also 5%. if interest rates rally to 6%, what is the future value of the payment made at maturity?

Answers

The future value of the payment made at maturity is $1790.85.

To calculate the future value of the payment made at maturity, we need to use the formula for the future value of a single sum:

FV = PV x (1 + r)n

Where:

FV is the future valuePV is the present valuer is the interest raten is the number of periods

In this case, the present value is the face value of the bond, which is $1000. The interest rate is 6%, and the number of periods is 10 years. So, we can calculate the future value of the payment made at maturity as follows:

FV = $1000 x (1 + 6%)10

             = $1000 x 1.06^10

             = $1790.85

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suppose you observe a market where wild-caught salmon is over consumed and farm-raised chicken is not over consumed. what might explain this

Answers

This could be explained by the difference in availability between wild-caught salmon and farm-raised chicken.

Wild-caught salmon may be more scarce, so it is being over-consumed. Meanwhile, farm-raised chicken may be more widely available, so it is not being over-consumed.

One potential explanation is that salmon is perceived as a healthier or more desirable protein source than chicken by consumers. Another potential explanation is that salmon may be more readily available in the market, leading to increased consumption. Finally, it is possible that the marketing and advertising strategies for salmon and chicken may differ, leading to different levels of consumption between the two products. It is important to note that there may be other factors that could be influencing consumption patterns as well, and further research would be needed to determine the exact causes of the observed differences in consumption.

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the bookkeeper for company wrote a check for to pay for furnace maintenance. the check was incorrectly recorded in the general journal as . the entry to correct this error would be

Answers

The entry to correct the incorrectly recorded check in the general journal is a debit to Cash and a credit to the expense account that the check was meant to pay.

The entry to correct this error in the general journal would be to debit the account Furnace Maintenance and credit the account Cash for the amount of the check. HTML Version: The entry to correct this error in the general journal would be to debit the account Furnace Maintenance and credit the account Cash for the amount of the check.

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if the price of a good rise from 10 dollars to 15 and quantity sold decreases from 10000 to 7000 what is the elastiity

Answers

The elasticity is -0.875. This means that the good is relatively inelastic, as the percentage change in quantity sold (-30%) is less than the percentage change in price (+50%).

The elasticity of a good can be calculated using the formula (Q2 - Q1) / (Q2 + Q1) / 2 ÷ (P2 - P1) / (P2 + P1) / 2 where Q1 and P1 are the original quantity and price, and Q2 and P2 are the new quantity and price respectively.

To find the elasticity when the price of a good rises from $10 to $15 and the quantity sold decreases from 10,000 to 7,000, we can use this formula as follows:

Elasticity = ((7,000 - 10,000) / ((7,000 + 10,000) / 2)) / ((15 - 10) / ((15 + 10) / 2))

Elasticity = (-3,000 / 8,500) / (5 / 12.5)

Elasticity = -0.35 / 0.4

Elasticity = -0.875

Therefore, the elasticity is -0.875. This means that the good is relatively inelastic, as the percentage change in quantity sold (-30%) is less than the percentage change in price (+50%).

This indicates that the demand for this good is relatively insensitive to changes in price, meaning that consumers are not very responsive to price changes.

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