If you want to make your business success, write a business plan.
A business plan is a comprehensive plan that outlines a strategic mission and how they intend to achieve them. A business plan is a written roadmap that outlines the company's marketing, financial, and operational objectives. Startups and established firms both employ business plans.A business plan is a formal written document that includes a company's goals, strategies for achieving those goals, and time period for accomplishing those goals.Business plans are composed of five basic pieces of information. They include a business overview, an analysis of your competitive environment, a marketing plan, a section on human resources (people requirements), and critical financial information.An executive summary, product and service sections, marketing strategy and analysis, financial planning, and a budget should all be included in a good business plan.Thus, this is how you should write a business plan, if you want to make your business successful.
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which of the following fields of specialization has been designated by the nih as a priority training area?
Health psychology has been designated by the NIH as a priority training area
The study of psychological and behavioral processes in health, sickness, and healthcare is known as health psychology. It aims to better understand how psychological, behavioral, and cultural factors affect physical health and illness. Direct psychological influences on health are possible. For instance, cumulative effects of environmental stressors that are present over time and impact the hypothalamic-pituitary-adrenal axis can be detrimental to health. A person's health might also be impacted by behavioral variables. For instance, some actions over time may hurt (such as smoking or drinking too much alcohol) or benefit (such as exercising) health. Thus Health psychology has been designated by the NIH as a priority training area.
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Assume that crackers and soup are complementary goods. the effect on the soup market of an increase in the price of crackers (other things being equal) would best be described as a(n)?
Assume that crackers and soup are complementary goods. The effect on the soup market of an increase in the price crackers (other things being equal) would best be described as a decrease in the quantity of soup demanded.
A good that adds value to another good or service is said to be complementary. To put it another way, they are two items that the customer uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.
A complementary good in economics is one whose appeal rises along with the appeal of its complement. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one good decreases, demand for it also rises.
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top shelf company builds oak bookcases. assume that you have the following information about top shelf’s costs for the most recent month: depreciation on factory equipment $ 1,800 depreciation on delivery trucks 800 wood used to build bookcases 1,500 production supervisor’s salary 2,800 glue and screws used in the bookcases 250 wages of persons who assemble the bookcases 2,500 cost to run an ad on local radio stations 600 rent for the factory 3,500 ceo’s salary 3,000 wages of person who sands the wood after it is cut 1,600 required: determine each of the following costs for top shel
The costs for top-shelf according to the question is The Total Direct Material is $1500, Total Direct labor cost is $4100, Total Manufacturing Overhead is $8350, Prime Cost is $5600, Total Conversion costs is $12450 Total manufacturing cost is $13950 Total period cost is $4400
In production, retail, and accounting, a cost is the cost of money that has been used up to provide something or deliver a carrier, and as a result, isn't always available for use anymore. In enterprise, the fee may be one of acquisition, wherein case the quantity of cash expended to collect it's far counted as value.
Direct expenses are costs that may be connected to a specific product, even as indirect expenses are fees worried about retaining and strolling a company. As an enterprise owner, you will have clearer expertise in how to set pricing if you could classify your prices successfully.
Direct material
Woods used to build bookcases = $1500
Total Direct Material = $1500
Direct Labour
Wages of persons who assemble the bookcase = $2500
Wages of persons who sand the wood after it is cut = $1600
Total Direct labor cost = $4100
Manufacturing Overhead
Depreciation on factory equipment = $1800
Production supervisor’s salary = $2800
Glue and screws used in the bookcases = $250
Rent for the factory = $3500
Total Manufacturing Overhead = $8350
Prime Cost
Prime Cost = Total Direct Material + Total Direct labor cost
Prime Cost = 1500 + 4100 = $5600
Conversion Cost
Conversion Cost = Total Direct labor cost + Total Manufacturing Overhead
Total Conversion Cost = 4100 + 8350 = $12450
Total manufacturing cost
Total manufacturing cost = Total Direct Material + Total Direct labor cost Total Manufacturing Overhead
Total manufacturing cost = 1500 + 4100 + 8350 = $13950
Total period cost
Total period cost = Depreciation on delivery trucks + Cost to run an ad on local radio station + CEOs salary
Total period cost = 800 + 600 + 3000 = $4400
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Marnie makes regular annual payments of $5,000 to her individual retirement account (ira). if the amount of interest she earns is 5.6% per year, determine the future value of the account after 35 years. round to the nearest cent. a. $540,581.69 b. $511,914.48 c. $190,508.32 d. $189,623.41 please select the best answer from the choices provided a b c d
Marnie makes regular annual payments of $5,000 to her individual retirement account (ira). if the amount of interest she earns is 5.6% per year, determine the future value of the account after 35 years. round to the nearest cent. $511,914.48
Interest, which is often represented as an annual percentage rate, is the cost associated with borrowing money (APR). A lender or financial institution is paid money in interest as compensation for lending out money. A stockholder's percentage ownership in a corporation, which is typically stated as an interest, is another definition of interest. The financial fee for borrowing money is called interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). Inflation rate, duration of loan, liquidity, and default risk are important variables that determine interest rates. Ownership in a business is another way to exhibit interest.
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Answer:
b
Explanation:
The last step of a cost analysis is to examine the P&L statement or expense reports.
The last step in the accounting cycle is to make remaining entries by finalizing expenses, revenues and brief accounts on the quit of the accounting period. This includes closing out temporary bills, along with expenses and sales, and moving the net earnings to permanent bills like retained profits.
Income and loss (P&L) declaration refers to a financial statement that summarizes the sales, fees, and fees incurred at some stage in a specified length, usually a quarter or fiscal year. these records offer records about a company’s capacity or inability to generate profit by increasing sales, lowering expenses, or each. P&L statements are often presented on a cash or accrual foundation. company managers and traders use P&L statements to analyze the economic health of a company. A profit and loss (P&L) statement summarizes the revenues, fees and fees incurred all through a selected time frame. A P&L statement offers information about whether or not a company can generate profit by increasing revenue, decreasing expenses, or each. The final step within the accounting cycle is to make closing entries with the aid of finalizing costs, sales and brief bills at the stop of the accounting length. This includes remaining out brief money owed, such as fees and revenue, and moving the net earnings to everlasting debts like retained earnings.
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Martinez corporation reported net sales of $781,000, net income of $126,000, and total assets of $7,794,108. the profit margin is:______.
Profit margin is 16.13 %.
working:
Net income $ 126,000
Net sales $ 781,000
Profit margin [126000/781000] is 16.13%.
Profit margin is a measure of profitability, it's miles calculated by way of locating the profit as a percentage of the revenue. There are three kinds of profit margins are gross profit margin, operating income margin and net earnings margin. Gross income Margin is calculated as gross income divided via internet sales.
Profit margin is the distinction among the entire cost to run your enterprise and the overall revenue it brings in. The better your earnings margin, the extra cash your commercial enterprise gets to preserve.
Profit margin earnings is the quantity of income left over when you pay your prices. To calculate income margin, divide your net profit by way of your general sales revenue to get a percent discern. Gross profit is revenue much less fee of goods bought.
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An increase in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on treasury securities, everything else held constant.
A decrease in the riskiness of corporate bonds will Decrease the yield on corporate bonds and Increase the yield on Treasury securities, everything else held constant.
So, The answer is D decrease; increase
A sort of financial product sold to investors is a corporate bond, which is issued by a business. The investor receives a predetermined amount of interest payments at either a fixed or variable interest rate in exchange for providing the firm with the money it requires. The bond "reaches maturity" when it stops making payments and the initial investment is refunded. The ability of the corporation to repay the bond often serves as its security, and this ability is based on its expectations for future revenues and profitability. Physical assets of the corporation may occasionally be utilized as collateral. So, this decreases the riskiness of corporate bonds as well as the yield on corporate bonds in turn increasing treasury securities yield.
The question is incomplete, complete question is:
A decrease in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on Treasury securities, everything else held constant. A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; increase
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greg has one employee, sasha, who is a weak presenter and gets incredibly stressed out about presenting in workshops, but is an excellent writer. greg decides to emphasize sasha’s writing abilities and gives her opportunities to shine outside of the spotlight. greg is practicing
greg is practicing strengths based management
Whether it's a company, a nonprofit, or a government agency, management (or managing) is the administration of the organisation. It is the science and art of managing the business's resources. Setting an organization's strategy and organising the work of its staff (or volunteers) to achieve its goals through the use of resources such as financial, natural, technological, and human resources are all included in management. In management, the terms "run the business" and "change the business" are used to distinguish between the continuation of the delivery of goods or services and their adaptation to satisfy the changing needs of customers - see trend. Managers are another group of individuals who fall under the umbrella of "management."
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a firm may choose to use members of the distribution channel as if they were assembly stations in the factory. such an approach is known as:
Supply chain management (SCM), which comprises all procedures that convert raw materials into finished commodities.
Is the central administration of the movement of goods and services. Companies may reduce unnecessary expenditures and deliver goods to customers more quickly and effectively raw materials by optimising the supply chain. What is the correct definition of supply chain management? allows for quick responses from supply and demand chain managers in the event of unforeseen changes. Lower warehousing expenses are a frequent benefit mentioned by companies with a supply chain management focus. The four components of the supply chain—integration, operations, purchasing, and distribution—work together to create a path to competitiveness that is both affordable and effective. A company may decide to treat distribution channel participants just like factory assembly lines raw materials. Channel assembly is the name of such a strategy.
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Presenting the results of your analysis--data visualization--is an important part of analytics true or false?.
It is true that data visualization plays a significant role in analytics by presenting the findings of the analysis.
Data visualization is a crucial stage since it allows you to show your data analysis findings in a unique way that is not only more appealing but also lot simpler to comprehend with the aid of visuals.
What does "Data visualization" mean?
The depiction of data through the use of typical graphics, such as infographics, charts, and even animations, is known as data visualization. These informative visualizations make complicated data relationships and data-driven concepts simple to perceive.We can spot new trends thanks to data visualization, and we can act quickly based on what we see. Because visuals and diagrams make it easier for us to recognize strongly associated characteristics, such patterns make greater sense when graphically depicted.To learn more about Data visualization, visit:
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Studying how often letters and pairs of letters occur in a language is referred to as?
Studying how often letters and pairs of letters occur in a language is referred to as Frequency analysis.
Frequency analysis is a widespread method of analysis that is used no longer simplest in studies that observe to social measurement however additionally in research in many different clinical fields. as it has continually been so extensively used, the approach is typically no longer acknowledged while it's far used, in contrast to different methods of log record evaluation.
Frequency analysis is based totally on the fact that, in any given piece of textual content, certain letters and combinations of letters occur with various frequencies. for example, given a segment of English language, letters E, T, A and O are the maximum not unusual, whilst letters Z, Q and X aren't as often used.
Frequency-area evaluation is extensively utilized in such areas as communications, geology, remote sensing, and photograph processing. at the same time as time-area analysis indicates how a signal adjustments through the years, frequency-domain evaluation suggests how the sign's strength is shipped over a number frequencies.
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We have recommendations for the best places to see when visiting the emerald isle and include the dublin literary pub crawl. Actors dressed as famous irish writers guide tourists to some of the best watering holes in the city, beginning at which pub?.
We have recommendations for the best places to see when visiting the emerald isle as well as including the Dublin literary pub crawl. Actors dressed as famous Irish writers guide tourists to some of the best watering holes in the city, beginning at Dookie Pub.
Whenever having recommendations for the best places when visiting the emerald isle and also including the Dublin literary pub crawl, it was supposed to start in Dooke Pub, there, actors dressed as well-known Irish authors guide tourists to some of the city's best bars.
The full-color image demonstrates why Ireland is considered the Irish homeland. With the exception of exposed granite on mountaintops, the majority of the country is covered in dense green vegetation, primarily grassland.
The vast barrier island chain known as North Carolina's Outer Banks is located offshore. Ireland is one of several beach towns that make up the Outer Banks' Emerald Isle's southernmost portion. Some of the island's most well-known attractions include excellent fishing, leisure opportunities, historical landmarks, and an abundance of aquatic life on the banks.
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ina has been reading about international trade and absolute and comparative advantages. she and her friend, gina, have to create a powerpoint presentation for their business class about international trade. ina can create animated powerpoint presentations that clearly and precisely convey the message they need to make, but in a light and entertaining fashion. however, she is not good at public speaking. gina is an excellent public speaker and can create equally excellent powerpoints. both students have homework for other classes to do, so they agree to divide the work: ina will create the powerpoint and gina will do the verbal and written part of the presentation. what advantage does gina have over ina in making presentations?
Gina has a comparative advantage over Ina in making presentations.
What is comparative advantage?A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.
Gina has a comparative advantage over Ina in making presentations because she is more efficient in this activity. Economic theory suggests that the person who has a comparative advantage in an activity should carry out the activity.
A person has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other people.
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Your company has entered into a 3-year contract with a government agency. your best option for ec2 is reserved instances. which aws feature would you use to track your reserved instance usage?
An AWS feature which would be used in order to track your Reserved Instance usage is the AWS cost and usage report.
The Amazon Web Services (AWS) cost and usage report contains the most comprehensive set of AWS cost and usage data available, which also includes additional metadata about AWS pricing, services, and reservations. For example, Amazon EC2 Reserved Instances.
AWS is architected in order to be the most secured and flexible cloud computing environment which is available today. Whereas, an Amazon Reserved Instance (RI) is a billing discount which allows a person to save on their Amazon EC2 usage costs.
Hence, Reserved Instances provides a person with savings on their Amazon EC2 costs.
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Which stage in the formal decision making process involves making the choice among the alternatives?
The fourth stage in the formal decision-making process involves making the choice among the alternatives
This is further explained below.
What is formal decision-making?Generally, The term "formal decision" refers to a written decision that has been issued by the Regulator to finalize a tariff approval.
This decision must include all of the relevant findings, reasoning, principles, and conclusions.
In conclusion, The selection of one course of action over another is the fourth and final step in the formal process of decision-making.
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all of the following are characteristics of managed care organizations except: group of answer choices coordination of care across the continuum integration of financing and delivery of health management of costs and outcomes freedom of choice and autonomous decision making
The following are characteristics of managed care organizations except The ability to choose and make decisions on one's own.
In the United States, the term managed care or managed healthcare refers to a set of activities aimed at lowering the cost of delivering health care and American health insurance while increasing the quality of such care.A Health Maintenance Organization is an example of a managed care plan (HMO). Your care is strictly managed by HMOs. An HMO will save you money. You can only view providers in a small local network, which helps keep costs low.The partnership of health insurance plans and healthcare providers is crucial to managed care. Managed Care refers to healthcare plans that use cost, utilization, and quality management.Thus this is the meaning of managed care organizations.
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the minimum wage is an example of a government price ceiling and results in a reduction in unemployment. true false
The minimum wage is an example of a government price ceiling and results in a reduction in unemployment is a false statement.
What is unemployment?Unemployment can be defined as when a person does not have any kind of job or any kind of source through which they can earn money. Even though they are capable of working and seeking to get a job
As there are people who are unemployed, that doesn't mean that the government is providing the minimum wages or that the government price ceiling is being activated for them.
They are continuously still searching for a job, therefore the statement is considered false statement.
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if an interviewer asks you to describe a weakness, you should . humbly state that you aren’t aware of any change the subject give them a list of your weaknesses so they know exactly what to expect select a weakness and explain what steps you are taking to correct it
If an interviewer asks you to describe a weakness, you should state it with added details about what has been done to improve it.
Who is an Interviewer?This refers to an individual who performs interviews and is usually done through asking questions thereby acquiring information for different types of reasons.
A person who is being interviewed must state a weakness if asked and mention what has been done by the individual in working on them. This helps the interviewer to know different qualities and know how to fit the individual in their assigned roles in this type of context.
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Businesses such as hospitals, insurance companies, financial institutions, and attorneys convert resources into _____ products.
Any activity that sells products or services to customers with the intention of making a profit is considered a business.
What is customers ?Consumers are people or groups who desire to order things, use things they've bought, or use them for purposes that are largely social, familial, domestic, or similar and have nothing to do with business or entrepreneurial activity.
A consumer in an economy buys goods or services primarily for their own use as opposed to reselling them or using them for business purposes. Customers must spend money to purchase goods or services (or an equivalent). then consume (use up). Therefore, consumers are a vital part of any economy and have a significant impact on the economic structure of a capitalist society.
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Gerd+is+considering+an+account+that+earns+6%+interest+per+annum+compounded+monthly.+what+is+the+annual+percentage+yield+(apy)?
In a situation where Gerb is considering an account that earns a monthly compounded interest of six percent per annum, the annual percentage yield will be 6.2.
What is the significance of Annual Percentage Yield?The Annual Percentage Yield can be referred to or considered as the effective annual rate that a depositor gets over his or her investment into a bank account.
Using the given information and the formula,
Annual Percentage Yield = (1 + rate/n)n – 1
Annual Percentage Yield = (1 + 0.06/1)0.06 -1
Annual Percentage Yield = 6.2
Therefore, the significance regarding annual percentage yield has been aforementioned.
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Several u.s. compliance laws provide confidence in the financial markets. __________ are the primary beneficiaries of these laws.
Several u.s. compliance laws provide confidence in the financial markets. shareholders are the primary beneficiaries of these laws.
Who is a shareholder?Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a shareholder. The firm is primarily owned by its shareholders, who also have specific rights and obligations. With this ownership structure, they can benefit from a company's success.
In general, a shareholder is an investor since they expect their investment in their firm stock to generate a profit for them. By this reasoning, however, an investor is not necessarily a shareholder because they can invest in a corporation without obtaining shares.
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With ____, the scheduling of activities occurs simultaneously with their planning.
With the Gantt chart, the scheduling of activities occurs simultaneously with their planning.
A Gantt chart, named after its inventor Henry Gantt is a type of bar chart that illustrates a project schedule where scheduling occurs simultaneously with planning. It is a project management tool used to show time against the tasks lined up. On the Y axis, there is a list of activities or tasks displayed against the time on the X axis.
Each displayed action is further indicated by a bar, the position and length of which correspond to the beginning, middle, and end of the activity. In summary, the Gantt chart displays to the user the activities started and finished as well as the deadlines that were met.
Therefore, The scheduling of activities happens concurrently with their planning when using a Gantt chart.
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The labor-force participation rate is :_________
a. 47.1 percent.
b. 50.2 percent.
c. 65.9 percent.
d. 70.2 percent.
The labor force participation rate is 65.9% in 2021-22, It tells us about the total number of people who are workers in fact, in an economy who are employed and unemployed.
So according to the OECD (a global forum that promotes policies and their implications globally) the current labor force participation rate has been calculated as 65.9 percent for the year 2021-2022. Resultantly, none of the options are correct.
The slight decrease in the labor force participation rate from the year 2012 onward shows a pattern of people losing their jobs or the unemployed ones who could not find a job but are active in the field looking for jobs.
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Internal stakeholders include groups affected by the project such as government officials or concerned citizens. true false
False - Internal stakeholders include individuals or groups impacted by the project, such as concerned residents or elected authorities.
Project managers in a matrix organization have the least degree of power and influence out of the three main organizational types: functional, project management-focused, and matrix.
A project manager is typically allocated from one of the functional departments in a part- or full-time role in a matrix organization. Members of various departments' project teams are allocated to them, and they are relieved of their departmental responsibilities (at least partially).
Organizational structure that is useful. An organizational matrix can be divided into three categories: balanced matrix, strong matrix, and weak matrix. Organizational structure projected.
The project management community will continue to face the same four major problems:
ensuring project success, preventing project failures, improving project competencies, anddeveloping effective project managers.Project managers (PMs) are in charge of organizing, planning, and supervising the execution of particular projects for an organization while making sure that these projects are completed on schedule, within budget, and within scope.
One of the most difficult occupations is project management since no day is ever the same and you must use all of your project management abilities to address every issue. Additionally, when an issue arises, your team will turn to you first. They might assume you have all the solutions to their questions.
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Why does south korea have a higher level of real gdp per capita than north korea?
Answer:
Cuz North Korea is Dictatorial state
Firms are increasingly trying to expand their exports to what country because it has the world's second-largest population and a growing middle class?
China is now the second-largest economy and the third-largest market for U.S. exports. India is one of the fastest growing market
Parties can congregate in a market to facilitate the trade of goods and services. Typically, the parties involved are buyers and sellers. The market may be actual, like a physical store where customers interact with each other in person, or it may be virtual, like an online market, where customers and sellers do not interact physically. The availability of an arena, buyers, and sellers, as well as a product that can be bought and sold, are some of the fundamental features that help define a market. A market is any location where two or more parties can come together to conduct an economic transaction, even one that doesn't include cash.
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During march, zea inc. transferred $66,000 from work in process to finished goods and recorded a cost of goods sold of $72,000. the journal entries to record these transactions would include a:______.
The journal entries to record these transactions would include an A.credit to completed Goods65,000Work in Process65,000Cost of goods Sold71,000Finished.
A journal entry is a file of commercial enterprise transactions within the accounting books of a business. Well-documented magazine access includes the proper date, quantities to be debited and credited, an outline of the transaction, and a unique reference number. A magazine entry is the first step within the accounting cycle.
An entire journal entry is manufactured from 6 factors a reference number, date, account section, debits, credit, and a magazine rationalization. we can report those journal entries in either a standard journal or a special journal. There are three important kinds of journal entries compound, adjusting, and reversing.
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List the four steps involving analysis when accounting for a department's activity.
A department's activity analysis for a time period is accounted for in four processes that involve study of:
(1) physical flow
(2) equivalent units
(3) cost per equivalent unit
(4) cost assignment and reconciliation.
Physical flow: In logistics networks, the movement of materials, goods, inventories, and other items is referred to as physical flow, with the primary direction of movement being from the point of origin to the site of consumption.
Equivalent units: This details the amount of work that has been done on a specific number of tangible objects. You can simply multiply the quantity of physical goods by the amount of effort done on them to determine equivalent units.
Cost per equivalent unit: It is calculated as the total of the beginning work-in-process costs and the costs added during this period divided by the equivalent units.
Cost assignment and reconciliation: It is the process of checking records to ensure that the project's expenses match ongoing activity in the project
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the of change required to remain competitive or simply keep up has created an organizational climate in which hundreds of projects are implemented concurrently. (enter only one word per blank.)
The velocity of change required to remain competitive or simply keep up has created an organizational climate in which hundreds of projects are implemented concurrently.
How does a company remain competitive?The competitiveness of an organization is achieved in conjunction with various organizational actions, such as its strategy and management. Some of the most essential characteristics to achieve competitive advantages are through innovation, quality in products and services and organizational ethics.
With the increase in competitiveness in the globalized environment, companies need to stand out in several areas, therefore, several projects are implemented simultaneously, requiring management that includes:
Task delegationFocus and consistencyCooperationTask prioritizationUse of resources and information systemsCommunication developedFeedbackTherefore, to remain competitive, a company must be innovative and offer value to its stakeholders through joint efforts.
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corporate taxes tantor supply, inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. during the firm earned before taxes. a. calculate the firm's tax liability using a flat tax rate of %. b. how much are tantor supply's after-tax earnings? question content area bottom part 1 a. the firm's tax liability is $
During the firm earned before taxes: a) $19,700, b) $72,800, c)21.30%, d) 34%
Taxes
Taxes are necessary contributions levied by a government entity, whether local, regional, or national, on individuals or corporations.
The accompanying schedule is used to compute the firm's tax liability:
Tax liability = base tax + marginal tax
= $13,750 + 34% of ($92,500-$75,000)
=$13,750+$5,950
=$19,700
b. After-tax earnings Tantor Supply, Inc.'s 2013 is:
= taxable income - tax liability
=$92,500 - $19,700
=$72,800
c. The average tax rate for the firm is:
=tax liability / taxable income
=$19,700 / $92,500
=21.30%
d. The marginal tax rate of the company:
This is the tax on an additional dollar of income.
The effective rate of tax is 34%.
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