The Inventory account balance changes constantly due to debits and credits the following is true of the periodic inventory method but not the perpetual method. The correct option is C.
Who uses a perpetual inventory system?The perpetual inventory accounting method, for example, is commonly used in grocery stores. This method is not required for a field service company that sells very few items of stockpile on a monthly basis and generates the majority of its revenue from services.
The periodic inventory system measures inventory levels and the cost of goods sold with an occasional physical count. The perpetual system continuously monitors inventory balances, with updates occurring automatically whenever an order is shipped or sold.
Thus, the ideal selection is option C.
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Brownsville Novelty Store prepared the following budget information for the month of May: Sales are budgeted at $360,000. All sales are on account and a provision for bad debts is made for each month at three percent of sales for the month. Inventory was $84,000 on April 30; an inventory increase of $12,000 is planned for May 31. All inventory is marked to sell at cost plus 50 percent. Estimated cash disbursements for selling and administrative expenses for the month are $48,000. Depreciation for May is projected at $6,000. Brownsville's budgeted bad debts expense for May is:
Answer: $10800
Explanation:
Brownsville's budgeted bad debts expense for May will be calculated by multiplying the sales budgeted for May by the percentage allocated to the provision for bad debt. This will be:
= $360,000 × 3%
= $360,000 × 3/100
= $360,000 × 0.03
= $10800
Brownsville's budgeted bad debts expense for May is $10800
The Saturday Evening Post was a niche magazine.
True
False
Answer: False
Explanation: good luck
f the Net Operating Income of a commercial property is $840,000 and the Capitalization Rate is 8.75% what is the estimated value of the property
If the Gross Rent Multiplier of a single-family dwelling unit is 130 and the Monthly Market Rent is $1,750 what is the estimated value of the property?
If the annual gross income from an apartment project is $40,000 and the gross income multiplier is 6.2 what is the estimated value of the property?
ASAP PLS HELP
Answer: See explanation
Explanation:
a. Net Operating Income = $840,000
Capitalization Rate = 8.75%
The estimated value of the property will be:
= Net Operating Income / Capitalization Rate
= $840,000 / 8.75%
= $840,000 / 0.0875
= $9,600,000
b. The estimated value of the property will be:
= Gross rent multiplier × Annual market rent
= 130 × (1750 × 12)
= $2,730,000
c. The estimated value of the property will be:
= Gross income multiplier × Annual gross income
= 6.2 × $40,000
= $248,000
11. Write down the importance of marketing mix?
बजारशास्त्र सम्मिश्रणको महत्त्व लेख्नुहोस्
।
Answer:
Helps understand what your product or service can offer to your customers. Helps plan a successful product offering. Helps with planning, developing and executing effective marketing strategies. Helps businesses make use of their strengths and avoid unnecessary costs.
Explanation:
Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. If required, round the answers to the nearest dollar. Merchandise Freight Paid by Seller Freight Terms Credit for Refunds and Allowances a. $7,850 $200 FOB shipping point, 2/10, n/30 $1,150 b. 4,200 100 FOB destination, 1/10, n/30 700
Answer:
a. Amount to be paid = Merchandise price - Returns and allowances - Discount + Freight In
= $7,850 - $1,150 - ($7,850-$1,150)*2% + $200
= $7,850 - $1,150 - $134 + $200
= $6,766
b. Amount to be paid = Merchandise price - Returns and allowances - Discount
= $4,200 - $700 - ($4,200-$700)*1%
= $4,200 - $700 - $35
= $3,465
The primary goal(s) of the Food and Drug Administration include: Ensuring the safety and effectiveness of a wide range of consumer products. Prohibiting unfair or deceptive advertising. Reviewing and approving new products before they are released to consumers. Both of these answers are correct: Ensuring the safety and effectiveness of a wide range of consumer products; and reviewing and approving new products before they are released to consumers.
Answer:
Both of these answers are correct: Ensuring the safety and effectiveness of a wide range of consumer products; and reviewing and approving new products before they are released to consumers
Explanation:
Food and Drug Administration (FDA) is known as one of the oldest and most respected consumer protection agencies all over the world.
In the united state, it is an agency of the United States Department of Health and Human Services. It principal purpose is to enforce the Federal Food, Drug and Cosmetic Act. They are solely responsible for safe, pure and wholesome foods, drugs and therapeutic devices are safe and effective, also cosmetics are harmless and that all these products are correctly labeled and packaged.
They protect public health, protecting the public from electronic product radiation, assures cosmetics and dietary supplements are safe and properly labeled, regulates tobacco products and also the advancement of public health by helping to speed product innovations.
Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?
A. upselling
B. consultative selling
C. relationship selling
D. personal selling
E. traditional selling
Answer:
Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?
A. upselling
B. consultative selling
C. relationship selling
D. personal selling
E. traditional selling
answer is B
The selling approach that is recognized direct and lays emphasis primarily on persuading the buyers about the need of the item would be:
D). Personal selling.
'Personal selling' is described as the selling approach in which the seller hires salesmen to get their products sold directly to the customers. In this technique, the salesman personally interacts with the consumers and uses his/her communication or other skills to convince them about the quality and the worth of the product. They often practically show the effects of the product to the consumers so that they are persuaded to buy it and they can make a maximum sale.Thus, option D is the correct answer.
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A company that makes mobile phones introduces a new, faster model that has strong consumer interest. However, the old model is still available. What will most likely happen to the price of the old model, and why?
1. The price will fall to encourage consumers to continue to purchase it.
2. The price will rise to encourage the producer to make more old models.
3. The price will fall to discourage the producer from making more old models.
4. The price will rise to encourage consumers to buy both models in equal amounts.
Answer:
la 3 es, el precio bajara para disuadir al productor de fabricar modelos antigu
Explanation:
HELP PLEASE SOS
carrefour's type of delegation and it's advantages and disadvantages
Answer:
advantages: delegations involve the assignment to others authority for specific functions, tasks, and decisions.
disadvantages: delegations reduces management, stress, workload.
Reasons a business might fail are
proper management
extra money
competition
O good location
1. Personal Characteristics Jack Ma possess (In accordance with the discussion in
the lesson, give at least three.)
2. Key takeaways you've got from him. (Use your own words, give at least three)
3. In your own words, explain how Jack Ma thinks compared to typical individual
Answer:
knock knock.................................
Select all that apply.
Select all reasons data mining is important to businesses.
It cuts costs.
It identifies long-term goals.
It solves problems.
It increases profits.
Answer:
a,c,d
Explanation:
Changes in inventories are included as part of investment spending because multiple choice 1 anything produced by a business that has not been sold during the accounting period is something in which the business has invested. anything produced by a business that has not been sold during the accounting period is something in which the business has consumed. anything produced by a business that has been sold during the accounting period is something in which the business has invested. anything produced by a business that has been sold during the accounting period is something in which the business has consumed. b. If inventories decline by $1 billion during 2022, then $1 billion would be multiple choice 2 subtracted from both gross private domestic investment and gross domestic product. subtracted from gross private domestic investment and added to gross domestic product. added to gross private domestic investment and subtracted from gross domestic product. added to both gross private domestic investment and gross domestic product.
Answer:
A)Changes in inventories are included as part of investment spending because anything produced by a business that has Anything produced by a business that has not been sold during the accounting period is something in which the business has invested
B)If inventories declined by $1 billion during 2012, then $1 billion would be subtracted from both gross private domestic investment and gross domestic product.
Explanation:
A) All inventories that Businesses could have is expected to be utilized by the business. Example of this is that Iron sheet that a business could use in making new Factory building or a pack of toiletries in the shelf in supermarket are both asset as regards to the business and they are things that are been invested by the business.
B)Declination in inventories symbolize that produced goods in previous years has been used up in production of current year. In the case that that the stated $1 billion is not deducted, then there would be need to count the produced goods that was produced in previous year as been produced in 2022
Does India have a good economy?
Answer:
not now
Explanation:
But yes the economy of india was much better than before the pandemic . so the answer will be yes but it should be explained by you in a nice manner
Answer:
No
Explanation:
The reason is that usually for most of the time they have no water or very little. Therefore there is not much to sell.
why is cooperative a value lead and value based organization?
I need the anwers right now.
Answer:
Co-operatives throughout the world share a set of values that give them their distinctive character.
Self-help
In co-operatives, people help each other whilst helping themselves by working together for mutual benefit.
Self-responsibility
Individuals within co-operatives act responsibly and play a full part in the organisation.
Democracy
A co-operative will be structured so that members have control over the organisation – one member, one vote.
Equality
Each member will have equal rights and benefits (according to their contribution).
Equity
Members will be treated justly and fairly.
Solidarity
Members will support each other and other co-operatives.
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What new laws did the New York Factory Investigating Commission request? Check all that apply.
1. no factory workers under age ten
2. use of central air-conditioning systems
3. a minimum wage for all workers
4. increased sanitation standards
5. fire alarms and sprinkler systems
The new laws that the New York factory investigating Commission requested are increased sanitation standards and fire alarms and sprinkler systems.
What do you mean by laws?Laws refer to the system of rules that are created and enforced through government agencies.
The new laws that the new York factory investigating commission requested are increased sanitation standards and fire alarms and sprinkler systems.
Therefore, 4 and 5 are the correct options.
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At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:2 (desk unit:chair). The selling prices are $1,280 per desk unit and $530 per chair. The variable costs are $780 per desk unit and $280 per chair. Fixed costs are $150,000. Required: 1. Compute the selling price per composite unit. 2. Compute the variable costs per composite unit. 3. Compute the break-even point in composite units. 4. Compute the number of units of each product that would be sold at the break-even point.
Answer:
Results are below.
Explanation:
First, we need to calculate the selling price per composite unit:
selling price per composite unit= 1,280*0.6 + 530*0.4
selling price per composite unit= $980
Now, the unitary variable cost per composite unit:
Variable cost per composite unit= 780*0.6 + 280*0.4
Variable cost per composite unit= $580
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per composite unit
Break-even point in units= 150,000 / (980 - 580)
Break-even point in units= 375
Finally, the number of units per product:
Desks= 375*0.6= 225
Chairs= 375*0.4= 150
One of your clients calls and is unhappy about the transaction costs in their account over the course of the last year. You go over their statements and activity for the year and discuss solutions with the customer. The customer expresses their feelings that movements in the market are rational and tied to various factors, but that predicting future movements is, for the most part, futile. What investment strategy would be BEST for this client with this information in mind
Answer: [C] The RR should suggest that the client use a buy and hold strategy.
Explanation:
The options are:
A. The RR should suggest that the client use a combination of tactical and strategic asset allocations.
[B] The RR should suggest that the client try to time the market, taking advantage of gains and losses in individual securities.
[C] The RR should suggest that the client use a buy and hold strategy.
[D] The RR should suggest that the client engage in day trading to take advantage of daily fluctuations in the markets.
The jnvestment strategy that would be best for this client with this information in mind is that the RR should suggest that the client use a buy and hold strategy.
The buy and hold strategy, is a strategy whereby a customer purchases a security and expects it to rise in value. In this case, the transaction cost is a source of concern to the client, and since we are also informed that it's futile to make predictions about the movements in the market
Therefore, the investment strategy that should be used will be buy and hold strategy.
The average starting salary for a college graduate is approximately $50,000. What percentage of student loan borrowers have LESS than $50,000 in debt?
Answer:
About 20% of student loan borrowers have less than $50,000 in debt.
Explanation:
who determines whether a good is normal or inferior?
a-individual.
b-sellers
C-government
tions
d-all the above.
Answer:
A.
Explanation:
Determining whether a good is normal or inferior depends on individuals. When there is a rise in the income of a person and he/she buy more of a good, it shows that good is normal. When there is a rise in a person income and there is a decrease in the demand for goods, then the product is inferior.
Therefore, it is an individual who determines whether a good is normal or inferior. Thus option A is correct.
Which best describes the similarity and differences between the Construction pathway and the Maintenance/Operations pathway?
Answer:
into how many geographical region Nepal has divided? describe them in a few line
Answer:
the answer is C
Explanation:
hope this helps
Graham is hiking a trail that is 512 miles long. He has hiked 358 miles so far.
Which expression shows how many miles he has left to hike? A. 512+58
B. 512+358
C. 512−58
D. 512−358
What is unique about a dual-axis chart?
Data is coded with two different colors.
Data is charted by two different types of data.
The information on the axis has two different fonts.
One set of data is shown two different ways.
Answer: B
Or Data is charted by two different types of data.
Explanation:
I got it right
Do you prefer to work alone or as a member of a team? Explain.
Answer:
If you're an introvert, you can say that you generally enjoy working alone, but explain that you can also work well with others, too. For example, “I really enjoy collaborating with a team and brainstorming ideas, but that doesn't mean I can't work independently to get things done.
Acknowledging working as a team and independently shows you are a well-rounded individual who likes all work environments. However, employers won't accept you directly answering “both”, so you need to pick one depending on the type of role you're going for – but remember to address the other side too.
How do transportation companies often gather information for tracking
packages?
A. By scanning bar codes
B. By creating packing slips
C. By producing routing guides
D. By establishing procedures for counting inventory
Answer: A (By Scanning bar codes)
Explanation:
Just took the quiz
The transportation companies gather information about tracking packages by scanning bar codes. Thus, the correct answer is option A.
What is a bar code?A bar code is a method of visually representing data in a machine-readable format. Barcodes initially represented data by varying the widths, spacings, and sizes of parallel lines. These linear or one-dimensional (1D) barcodes can be scanned by special optical scanners known as barcode readers, of which there are several types.
Bar codes are used to identify objects and people. Rental cars, airline luggage, nuclear waste, registered mail, express mail, and parcels are all tracked using them. Transport companies track packages by scanning the bar code on the parcel.
Therefore, the correct answer is option A.
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why cant i work when im 13?
Answer:
Because you're not "old enough" to work, it's like you're still seen as a kid but its different for other countries and states.
Explanation:
DUE TO UNFORTUNATE REASONS YOU CAN NOT bcuz of an age limit. Lifes cruel young blood. The world doesnt want you to advance in life, to strive and prosper. keep living homie :(
What is the purpose of Journals in the accounting cycle?
A. Provide proof of all transactions
B. Record transactions for a business
C. Determines if credits and debits are equal
D. Records transactions in accounts
Answer:
b. record transactions for business
Explanation:
A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.
You are a manager over a department of twenty employees. You have been asked to coordinate with the Human Resources director and develop a 60-minute training presentation on workplace safety. The training presentation will be used throughout the organization. Outline your training presentation and describe in detail how you will deliver the training.
Answer:
Well, work place safety is key. Fire breaks out, slipping hazards, chemicals, will you be here tomorrow? That question is used over and over. It`s true, do you know the hazards of the workplace? Familiarize yourself with your workplace environment, hazards, tools to suppress the hazards or to prevent them all together. When fire breaks out, it is crucial to know how to operate the hand portable or a wheeled fire extinguisher unit (s). When chemicals combust and leak, or just leak, it is crucial again to don the appropriate PPE and containment procedures to stop the chemicals from spreading. With machinery, you have to beware off the surroundings. If not, good luck getting you leg out of your hydraulic press, getting the nail out of your eye when you DIDN`T the correct PPE to protect your eye when you hit the nail wrong and it came back at you. You must maintain your PPE and extinguishers, or other items like spill and clean up stations. All of this is important. We`ll go over how you use the portable hand extinguisher. We will have live fires of each kind to give you the proper know how. To tackle a gasoline fire, come from the back, bounce the AFFF foam off the concrete ( Or other surface) to smother the fire quickly and efficiently. You can do this with every other B rated unit. A is wood/trash ext. B is for combustible liquids like greases/gas ext. C is live electrical units, if the power is shut off, these become A fires. Different extinguishing agents are PKP (purple potassium powder), ammonium phosphate multi purpose dry chemical, sodium bicarbonate, halon 1211 ( made first by the Amerex corporation), Co2, water, AFFF foam, halotron (replacing halon1211), and for last, dry compound, this is for class d fires, combustible metals like magnesium. class K is for large kitchens like a deli. Now, for chemicals, things get bad. You need the correct PPE, weather thick butane gloves, hazmat over boots, and a suit, plus respirators, heck even a fully encapsulated suit with on board oxygen is needed. Get to now your gear, we will train live with mock hazards. You will don and doff the PPE with a buddy using the buddy system. This is not easy, practice, it will take time and wits.
Explanation: I will do live training for hazmat/fire fighting drills. These will cover every hazard found in the place of work. Now, I might have not covered everything, but I thought about a place where fire hazards and chemical spills are common. My presentation will be done outside and live training will be used. Also feel free to share this, the fire hazard part can be used in the home to. Stay safe and don`t forget to practice drills in your workplace, school, and home.
Which of the following statements
best describes retained earnings?
A Ownership shares possessed by owners
B. Profits not distributed to owners
C Dividends received by owners