A market offering is some combination of products, services, information, or experiences provided to consumers to satisfy a need or want.
It is an aggregate of merchandise, offerings, facts, or experiences offered to a marketplace to meet a need or need. As an example, inside the food enterprise, a “market supplying” might be a sandwich. extra widely, market offerings also include different entities, such as folks, locations, organizations, facts, and ideas.
Marketers carve purchaser products into 4 classes, referred to as offerings:
comfort services.shopping services.strong point offerings.Unsought services.Product, price, and carrier. most offerings encompass a product, or a tangible desirable humans should purchase, promote, and personal.
Learn more about market here: https://brainly.com/question/25754149
#SPJ1
Studies that seek clues to cause-effect relationships by manipulating one or more factors while controlling others describes?
When a study seeks clues to a cause-effect relationship by manipulating one or more factors while controlling others, this is an Experimental research.
What is an experimental research?Experimental research is a type of research that tries to find the cause of something by looking at its effects as well. Experimental research will test two variables (or more sometimes) to see whether one of the variables can cause a change in the other variable.
This test is done by manipulating the variable that is being though to be the cause of the effect. This variable is called the independent variable. The researcher will then check for changes in the dependent variable to see if there are any effects.
In conclusion, this is an experimental research.
Find out more on experimental research at https://brainly.com/question/17009178
#SPJ1
An increase in prices of inputs will cause a _change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a ___change in quantity if demand is elastic as opposed to an inelastic demand.
An increase in prices of inputs will cause a relatively small increase change in prices with elastic demand as opposed to inelastic demand. The change in input prices will cause a relatively small drop change in quantity if demand is elastic as opposed to inelastic demand.
Input prices determine the lowest price at which a business may sell an item without losing money. This price is equal to how much it costs to create the good. A process must be applied to inputs in order to generate an output while creating a good or service in demand. The costs of the commodities a business purchases in order to produce its goods are known as input prices. The total input cost is the sum of all expenses incurred in manufacturing the item in demand. By dividing the quantity produced by the price per unit, the input price is determined.
Learn more about input prices here
https://brainly.com/question/23080148
#SPJ4
a company collected $200 cash from customers for services provided. this transaction would (debit/credit) the fees earned account, and debit/credit the cash account.
A company collected $200 cash from customers for services provided. this transaction would credit the fees earned account, and debit the cash account.
What is transaction money?The currency in which the client makes the payment is known as the transaction currency. A transaction currency is initially the decisive currency in the event of a dispute with the base currency. The demand for various currencies, from USD to ILS, varies across the world.
Sales made to consumers on credit and sales made in cash are two examples of these types of transactions. payment from a client after issuing an invoice. purchase of moveable and fixed assets.
Credit is a two-party transaction in which one (the creditor or lender) provides money, products, services, or securities in exchange for the other's commitment to pay in the future (the debtor or borrower). Interest is typically paid to the lender in such transactions.
learn more about transaction currency refer
https://brainly.com/question/1366402
#SPJ4
Harper loves adidas apparel for its style and comfort. She needs running pants and purchases a pair with the adidas logo. This is an example of which type of purchase decision?.
Harper loves adidas apparel for its style and comfort. She needs running pants and purchases a pair with the adidas logo. This is an example of limited problem solving.
In limited problem solving, customers make decisions based on straightforward decision rules rather than being driven to conduct in-depth research or carefully weigh all available options. A little more thought or consideration goes into this kind of purchase decision. Limited problem solving is employed when consumers seek information about a new brand within a well-known product category or when they occasionally purchase products. When buying a new, expensive, or infrequently purchased goods, consumers engage in extensive problem solving.
To know more about Limited problem solving refer:
https://brainly.com/question/14204158
#SPJ4
Suppose you randomly choose two cards from a thoroughly shuffled deck. If you put the first card back in the deck before you draw the second, what is the probability that the first card is an ace and the second card is a king?.
If you draw two cards at random from a well-shuffled deck and then return the first one to the deck before drawing the second, the probability that the first card is an ace and the second is a king is 0.59 percent.
Following are the formulas for calculating the probability that the first card is an ace and the second card is a king:
Divide the anticipated results by all potential results to start.
The total number of outcomes is 52 because a deck contains a total of 52 cards.
4 aces and 4 king cards make up a deck.
The likelihood that the first card is an ace is therefore 4/52.
4/52 are the chances that a heart will be on the second card.
Multiplying the odds of an ace and a heart will yield the likelihood that the first card is an ace and the second card is a heart.
Probability equals (4/52)
(4/52)
Chance is equal to 0.0059.
when expressed as a percentage,
Probability is 0.0059 times 100.
Probability is 0.59%.
Hence the probability that the first card is an ace and the second card is a king is calculated to be 0.59%.
To learn more about probability here:
brainly.com/question/251701
#SPJ4
When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the ________ curve for illegal drugs ________.
When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the demand curve for illegal drugs leftward.
The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period. A common depiction will have the price on the left-hand vertical axis and the amount needed on the right-hand horizontal axis.
Demand curves and supply curves are frequently combined to determine the equilibrium price (also known as the market clearing price), the equilibrium quantity (the amount of that good or service that will be produced and purchased without surplus/excess supply or shortage/excess demand), and the behaviour of that market. Demand curves are used to predict behaviour in competitive markets.
There are several methods for estimating demand curves. The typical approach is gathering data on historical costs, yields, and demand-influencing factors like consumer income and product quality and applying statistical techniques, such as multiple regression.
Learn more about Demand curve, here
https://brainly.com/question/13131242
#SPJ4
identify the three steps in activity-based costing rank these in the correct order. instructions choice 1 of 3. compute an overhead activity rate for each activity cost pool. toggle button compute an overhead activity rate for each activity cost pool. choice 2 of 3. identify activities and assign budgeted costs to activity cost pools. toggle button identify activities and assign budgeted costs to activity cost pools. choice 3 of 3. allocate overhead costs to cost objects. toggle button allocate overhead costs to cost objects.
Steps for activity-based costing are as follows:
Determine the activities and the overhead expenses they result in.Track down activity cost pools using overhead expenses.Calculate the rates of overhead allocation for each activity.To assign overhead expenses to cost objects, use the activity overhead rates (products).What is Costing?Costing is often the outlay made for producing a good or service that a business sells.A customer's willingness to pay for a good or service is reflected in the price.The price of a product and the profit made from its sale are directly correlated with the cost of manufacturing that thing.Cost is often the outlay made for producing a good or service that a business sells.The price of the raw materials required to make a product may be included in the manufacturing cost.A product's pricing and the profit made from each sale can both be directly impacted by the cost of production.Steps for activity-based costing are as follows:
Determine the activities and the overhead expenses they result in.Track down activity cost pools using overhead expenses.Calculate the rates of overhead allocation for each activity.To assign overhead expenses to cost objects, use the activity overhead rates (products).To know more about Costing, refer to the following link:
https://brainly.com/question/24516871
#SPJ4
During the covid 19 pandemic, the demand for personal protective equipment increased. What adjustments would the market make as a result that would benefit the economy?.
The adjustment that will be made by the market to make a profit by seeing such conditions is to make personal protective equipment and then sell it.
The COVID-19 outbreak has caused more than two million cases and hundreds of thousands of people died, including the fallen health workers. One of the reasons why many health workers die while on duty is the lack of available personal protective equipment (PPE).
This condition is quite alarming considering that many hospitals have reported shortages of this equipment when dealing with the COVID-19 outbreak. Here's an explanation of personal protective equipment in hospitals and why it's important for medical workers. The number of COVID-19 cases continues to increase worldwide. This number of cases is certainly not proportional to the number of health workers and PPE available in hospitals. As a result, not a few medical workers died while treating COVID-19 patients. Starting from doctors, nurses, to cleaning workers.
According to reports from a number of media, not a few doctors, nurses, and other health workers are trying to protect themselves from the virus with disposable raincoats. Raincoats sold in the market are certainly not comparable to PPE that meets standards. How not, the purpose of protective equipment is to protect health workers from the spread of COVID-19 infection. In fact, the use of PPE does not guarantee they are protected from exposure to the virus.
The thought of the high risk of getting infected with the COVID-19 virus due to the lack of PPE continues to haunt them. However, this does not stop health workers from continuing to work and treat COVID-19 patients, despite the lack of self-protection.
You can learn more about personal protective equipment here brainly.com/question/17663098
#SPJ4
The firm that makes a key component of the iphone outsources production of it to india and taiwan because:_______
The firm that makes a key component of the iPhone outsources production of it to India and Taiwan because:- the part can be made cheaply, and the firm spends the savings on research and development
What is outsourcing?The term "outsourcing" refers to a contract in which one company contracts another company to handle a task that is already being performed or that could be performed internally and, on occasion, entails the transfer of assets and workers from one company to another.
The notion, which The Economist asserts has "made its presence felt since the time of the Second World War, frequently entails the contracting of a business process (for example, payroll processing, claims processing), operational, and/or non-core operations, such as manufacturing, facility management, and contact centers and call center support.
The act of turning over control of governmental services to private businesses, even on a temporary basis, is known as outsourcing.
To know more about outsourcing visit:- https://brainly.com/question/14244940
#SPJ4
If auditors expressed a disclaimer or adverse opinion on the complete set of financial statements, an unmodified opinion ______ be expressed on a single financial statement.
If auditors expressed a disclaimer or negative opinion on the entire set of financial information, an unmodified opinion cannot be expressed on a single financial statement.
When an auditor communicates an adverse opinion?The auditor shall express an unfavorable opinion when the auditor, having obtained sufficient appropriate audit evidence, supposes that misstatements, singly or in the aggregate, are both material and pervasive to the financial information.
Unmodified OpinionsAn unmodified opinion means that the auditor was comfortable with the financial statements audited. This means that the statements met the conditions demanded by the limitations and they were prepared by accounting principles, benchmarks and standards.
To learn more about the financial information visit the link
https://brainly.com/question/28027139
#SPJ4
The first step in the planning process, situational analysis, summarizes information relevant to the planning issue. In the second step, the planners should use the findings from the first step to produce ______.
Alternative Goals
Alternative Goals
Alternative Goals
One weakness of interactionist theory is that it overstates the influence of the economy on sports true or false?.
The statement is false, that One weakness of interactionist theory is that it overstates the influence of the economy on sports.
Interactionist Theory assumes that social order is formed by people as they interact with one another. It posits sport as a type of culture that's created through social interactions. Interactionist Theory examines how individuals shape society and are shaped by society through meaning that arises in interactions through participating in sport. Interactionist Theory views free speech and expressions as symbols that become meaningful interpretations of salient elements of our identities. Promotes and understanding of free speech and expression in sport supported the style during which individuals are allowed to meaningfully interact in sport, and define and shape sport to suit their realities. Therefore following statement is False.
Learn more about Interactionist Theory.
https://brainly.com/question/11589195
#SPJ4
edmond, the ceo of hartman manufacturing, said to his new vice president of accounting, "in the past i had resistance to new ideas by employees who felt that our plans threatened their influence or their jobs. so when you tell your collections department that we just hired a collection agency to handle bad debt, you may have to sell your collections manager and his supervisors on using the agency. you also have to emphasize the fact that nobody is going to be laid off." selling middle and supervisory managers on changes to overcome their resistance is often a necessary part of
Delling middle and supervisory managers on changes to overcome their resistance is often a necessary part. Two years after Samsonite, known for its smart, high-quality luggage and bags, acquired Hartmann from a private equity firm for $35 million.
The company is reviving the 137-year-old brand in the mass retail market. trying to get it started. Hartmann ends the year with 25 of his stores, starting with zero.
The Hartmann is known for creating distinctive luggage collections such as wings and tweeds associated with traditional American styles. Many of its products are manufactured in the United States and are now outsourced worldwide, mostly in China and other parts of Asia.
Hartmann is a Germanic and Ashkenazi Jewish surname. It is rarely used as a male-given name.
Learn more about Hartmann here:
https://brainly.com/question/18125292
#SPJ4
geyer company has the following account balances: accounts receivable: $40, accounts payable: $45, cash: $70, and notes payable: $65. if the notes payable balance is listed as $56 in the trial balance, what impact will this have on the accounts?
Credit side of the trial stability will be understated by using $9. Note Payable has a credit stability of $ sixty five via writing it as $56 it will understate the whole deposit cost by using $9 ( 65 - 56 ).
Trial will be imbalanced. Ultimately the Balance sheet will not balance, it will exhibit $9 greater belongings than the total fairness and liabilities. The observe payable is recorded in the liabilities area of the stability sheet which will be a reason of imbalance of stability sheet too.
What Do Accounts Payable and Accounts Receivable Have in Common?On the individual-transaction level, each and every invoice is payable to one birthday celebration and receivable to another party. Both AP and AR are recorded in a company's everyday ledger, one as a legal responsibility account and one as an asset account, and an overview of both is required to acquire a full picture of a company's economic health.
Learn more about account payable and receivable here:
https://brainly.com/question/13230311#SPJ4Operations management is a specialized area in management that converts resources into ____________
Operations management is the specialized area in management that converts or transforms resources into goods and services.
What is Operations management?
Operations management can be defined as the process of effectively and efficiently managing a business operation leading to smooth running of the business.
Operations management as well as to do with supervising, managing and controlling production process or the production of goods and services.
Therefore Operations management is the specialized area in management that converts or transforms resources into goods and services.
Learn more about Operations management here:https://brainly.com/question/1382997
#SPJ1
In the circular flow example, there are ________ un-employed people at the present time.
In the circular flow example, there are 5 unemployed people at the present time. A decline in overall demand or a shortage of available jobs on the market is two factors that can contribute to unemployment.
What are the effects of unemployment?The physical health of a person might suffer significantly from unemployment. Being unemployed is an extremely stressful condition, and as a result, it may result in stress-related health problems like headaches, high blood pressure, diabetes, heart disease, back pain, and sleeplessness.
There will be more money in the circular flow of income because more people are now earning wages as the unemployment rate decreased by 3% between 2013 and 2015. As the demand for the goods and services that businesses provide rises, this gain in revenue will lead to an increase in consumption.
Learn more about unemployment here:
https://brainly.com/question/14227610
#SPJ1
allied merchandisers was organized on may 1. macy company is a major customer (buyer) of allied (seller) products. may 3 allied made its first and only purchase of inventory for the period on may 3 for 1,000 units at a price of $9 cash per unit (for a total cost of $9,000). may 5 allied sold 500 of the units in inventory for $13 per unit (invoice total: $6,500) to macy company under credit terms 2/10, n/60. the goods cost allied $4,500. may 7 macy returns 50 units because they did not fit the customer’s needs (invoice amount: $650). allied restores the units, which cost $450, to its inventory. may 8 macy discovers that 50 units are scuffed but are still of use and, therefore, keeps the units. allied gives a price reduction (allowance) and credits macy's accounts receivable for $250 to compensate for the damage. may 15 allied receives payment from macy for the amount owed on the may 5 purchase; payment is net of returns, allowances, and any cash discount.
Allied merchandisers was organized on may 1. macy company is a major customer (buyer) of allied (seller) products.
Accounts receivable is 18,950
Calculation:
May 03 Merchandise inventory 20,000
Cash 20,000
May 05 Accounts receivable 21,000
Sales 21,000
May 05 Cost of goods sold 15,000
Merchandise inventory 15,000
May 07 Sales returns and allowances 1,750
Accounts receivable 1,750
May 07 Merchandise inventory 1,250
Cost of goods sold 1,250
May 08 Sales returns and allowances 300
Accounts receivable 300
May 15 Cash 18,570
Sales discounts 379
Therefore Accounts receivable 18,950
What is Accounts receivable?Customers' outstanding balances for goods or services for which an invoice has been issued are known as accounts receivable. On the balance sheet, the total amount of all accounts receivable is shown as current assets and includes invoices that clients owe for goods or services provided to them on credit.
One instance of accounts receivable is a utility company that bills its customers after they have used the electricity. While it waits for its customers to pay their bills, the electric company records an account receivable for any unpaid invoices.
To learn more about Accounts receivable visit:
https://brainly.com/question/24261944
#SPJ4
Your marketing team is currently working through the target market selection process to identify which customers your firm will target with a new technology product being developed. You are currently in the process step where you must consider the target market characteristics, the product attributes, and the firm’s objectives and resources. Which of the five steps in the target market selection process are you currently working on?.
The 5 Steps Involved in the Target Market Selection are as follows: -
STEP - 1: Determine the Proper Targeting Strategy
STEP - 2: Choose the segmentation variables you want to use
STEP - 3: Create market segment profiles
STEP - 4: Assess the Appropriate Market Segments.
STEP - 5: Choose Particular Target Markets
The phrase "target market selection" is frequently used in connection with the creation and introduction of new products. It is a crucial phase of the product or service launch since it helps to focus the marketing strategy, which in turn helps the product or service succeed in the market.
To learn more about Target Market Selection , click the links
https://brainly.com/question/13895904
https://brainly.com/question/25640993
#SPJ4
Lamonte needed to get his computer fixed. he took it to the repair store. the technician at the store worked on the computer for 4.25 hours and charged him $141 for parts. the total was $544.75. what was the cost of labor, per hour?
Answer:
Explanation:
$544.75- $141= $403.75
$403.75 divided by 4.25= 95
What is the main idea behind limited liability?
Answer:
the assets and debts of the business remain separate from the personal assets and debts of the company's owners.
Explanation:
Question: Hello: ) ✨ What is the main idea behind limited liability?
Answer: the assets and debts of the business remain separate from the personal assets and debts of the company's owners. If a company goes bankrupt, creditors cannot therefore go after the owners' personal assets, just that of the business. The purpose of an LLC, or a limited liability company, is to shield the business owner from personal liability for the company's debts. Most states allow residents, individuals who live outside the state or country, other LLCs, corporations, pension plans, and trusts to serve as LLC owners.
Have a nice day/night hun <3
because they can move assets and jobs from country to country, mncs typically over the economies, politics, and culture of the countries in which they do business.
MNCs frequently have a significant influence on the economics, governments, and cultures of the nations in which they conduct business because they have the ability to relocate assets and employment from one nation to another.
What is a Business?A company or entrepreneurial entity that engages in business, industrial, or professional activity is referred to as a business.Both for-profit and nonprofit organisations can operate as businesses.Limited liability firms, corporations, partnerships, and sole proprietorships are all examples of different business structures.While some firms operate as tiny operations in a particular industry, others are massive operations that span a variety of industries globally.Examples of well-known, prosperous companies are Apple and Walmart.A company that works for industrial, commercial, or professional purposes is sometimes referred to as a business.To know more about Business, refer to the following link:
https://brainly.com/question/24553900
#SPJ4
Assume the government reduces its spending and raises income taxes in an effort to reduce the budget deficit. The most likely short-run result will be an increase in?.
If the government reduces its expenses and raises income taxes to reduce the budget deficit then it may cause unemployment.
The number of jobless persons as a percentage of the labour force is used to calculate the unemployment rate, which is used to calculate the level of unemployment. The OECD defines unemployment as people over a certain age who are currently available for work but are not either employed or self-employed during the reference period. A nation has the ability to affect unemployment and the state of the economy, through its fiscal policy. Furthermore, a nation's central bank or other monetary authority can affect the cost and availability of money by enacting monetary policy.
Learn more about unemployment here:
https://brainly.com/question/14227610
#SPJ4
assume that q-mart uses a periodic lifo inventory system. during the year, it sold 14 units. calculate the dollar value of its cost of goods sold for the period
Assume that q-mart uses a periodic lifo inventory system. during the year, it sold 14 units. the dollar value of its cost of goods sold for the period $240
First out (LIFO) is a technique used to represent how stock has been sold that records the most as of late created things as sold first. This strategy is prohibited under the Global Monetary Announcing Norms (IFRS), the bookkeeping rules continued in the European Association (EU), Japan, Russia, Canada, India, and numerous different nations.
The U.S. is the main country that permits rearward in, first out (LIFO) since it sticks to Proper accounting rules (GAAP). There are two choices to rearward in, first out (LIFO) for stock costing: earliest in, earliest out (FIFO) and the typical expense technique. In earliest in, earliest out (FIFO), the most established stock things are recorded as sold first.
The typical expense technique takes the weighted normal of all units ready to move during the bookkeeping time frame and afterward utilizes that typical expense to decide the expense of merchandise sold (Machine gear-pieces) and finishing stock.
First out (LIFO) is a strategy used to represent how stock has been sold that records the most as of late created things as sold first.
The U.S. is the main country that permits LIFO since it complies with Sound accounting standards (GAAP), as opposed to the Worldwide Monetary Announcing Norms (IFRS), the bookkeeping rules continued in the European Association (EU), Japan, Russia, Canada, India, and numerous different nations.
Essentially any industry that appearances increasing expenses can profit from utilizing LIFO cost bookkeeping.
To learn more about lifo inventory system
brainly.com/question/25887081
#SPJ4
Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the ________, including those that affect pricing.
Determining the selling price in the global marketplace is an extremely difficult task. Many countries still have rules governing the competitive market place including those that affect pricing.
What is Competitive Market?
As a result of customer needs, a competitive market develops. In order to attract customers, organizations must analyze (and improve) their production costs, pricing policies, quantity, and quality. The forces of supply and demand are quite important in this system, just as they are in any market. However, the market is not controlled or influenced by a single customer or producer in a competitive market. Understanding that competitive markets are hypothetical and not actual is among the most crucial things to do. Although some markets meet the conditions and exhibit the traits of a competitive market or perfect competition, none of them actually do.
To know more about competitive market refer:
https://brainly.com/question/13686157
#SPJ4
When a customized product is manufactured separately and in its own production, it is referred to as ____ production.
Job order production, often known as job order manufacturing, is the process of producing each customized item independently.
What is Job Order Production?
Products like custom-built homes and invitations—such as those for weddings, parties, or conventions—are examples of work order production. A job is represented by the production activities for a bespoke product. Numerous businesses create products that are specially crafted to satisfy the requirements of a particular customer.
A job order production system is exemplified by the aerospace division of Boeing. The company's two main commercial activities are the design, development, and integration of space carriers as well as the systems engineering and integration of Department of Defense technologies. A large portion of its orders are produced through job order processes and are customized.
Identify key elements of job order production
A job lot is the common name for a project that involves creating multiple units of a unique product. Imprinted T-shirts and baseball caps for a business outing or promotional banners for a chain of stores are a few examples of the products created in job lots. The quantity of production is often low, such as 200 T-shirts, 50 caps, or 100 signs, even when these orders entail more than one unit. The mass manufacture of products in a continuous series of processes is known as a process operation, often known as process manufacturing or process production. Process operations are made to mass-produce many identical products in huge quantities as opposed to job order production, where each product is unique based on the needs of the customer.
To learn more about job order from the given link.
https://brainly.com/question/24277455
#SPJ1
4. INTEGRATING INFORMATION How did factories
contribute to increased labor productivity? Include at least
one detail from the text and at least one detail from the
accompanying illustrations?
Three primary variables are necessary for increasing worker productivity: saving for and investing in physical capital, new technology, and human capital.
Increases in the standard of labour (i.e., human capital), increases in the amount of physical capital, and technical advancements can all lead to increases in output per hour of labour.
When more output is generated using the same number of inputs or when the same amount of output is produced using fewer inputs, productivity increases.
Since 1947, the U.S. corporate sector has been able to create nine times more goods and services with only a little increase in labour hours thanks to productivity gains. An economy may create and consume more goods and services for the same amount of effort when productivity is growing.
To learn more on integrating information
https://brainly.com/question/28021378
#SPJ1
When a company records an adjusting entry for services previously recorded as deferred revenue, it records which two of the following?.
When a company records an adjusting entry for services previously recorded as Deferred Revenue, it records a:
credit to Revenuedebit to Deferred RevenueWhat is journal entry?A journal entry can be defined as a process which involves keeping the records of the financial transactions of a business such as sales, salaries, inventory, etc, that are made by a business organization.
In Financial accounting, the journal entry is generally used by both bookkeepers and accountants for effective and efficient record purposes. This ultimately implies that, it is very important that a journal comprises the following information;
DateReference number.Transaction description.Debit balance.Credit balance.What is Deferred Revenue?Deferred Revenue can be defined as a liability on the balance sheet of a business firm's which represents a previous payment made by its customers for goods or services that are yet to be supplied or delivered.
Read more on Deferred Revenue here: https://brainly.com/question/14293132
#SPJ1
Complete Question:
When a company records an adjusting entry for services previously recorded as Deferred Revenue, it records which two of the following?
credit to Deferred Revenue debit to Cash credit to Revenue credit to Accounts Receivable credit to Cash debit to Deferred RevenueThe worldwide interdependence of resource flows, product markets, and business competition is called:______.
The worldwide interdependence of resource flows, product markets, and business competition is called Globalization as it is one that characterizes the new economy.
What is resource flow?The term "resource" is related to the availability of facilities. It can take any form and can be passed from hand to hand so that everyone can make the best use of these resources.
This comes under the term "resource flow''. The product market and business competition have increased. This comes under the term "globalization''.
As a result of world-wide interdependence, globalization is related to the exchange of products and services throughout the nation and at an international level.
Learn more about resource flow from here:
https://brainly.com/question/28290356
#SPJ1
a local store charges 1½% each month on the unpaid balance for its charge account. what nominal annual interest rate is being charged? what is the effective interest rate?
The effective interest rate is 19.56%.
Financial products that pay interest disclose their interest rate. The nominal interest rate is as follows. On the other hand, the effective interest rate takes into account the effect of interest rate compounding, making it the real interest rate an instrument pays over a specific time period (often a year).
The nominal yearly interest rate is 18%.
1.5% is the interest rate per month. Therefore, a year's
nominal interest rate
(12 months) is 18%, or 12 x 1.5%.
The (annual) effective interest rate is 19.56%. (EIR).
[tex]$E I R=(1+(r / n))^n-1$[/tex], where r is the annual interest rate and n is the number of periods.
Here, [tex]$n=12$[/tex] and [tex]$(r / n)=.015$[/tex] or [tex]$1.5 \%$[/tex]. Therefore,
[tex]E I R=(1+.015)^{12}-1=.1956 \text { or } 19.56 \%[/tex]
To learn more about Nominal Interest Rates visit:https://brainly.com/question/25877453
#SPJ4
best buy reported the following numbers for the years ending february 1, 2020, and january 30, 2021.what are the internal and sustainable growth rates?
The sustainable growth rate (SGR) is the maximum rate of growth that a company or social enterprise can sustain without having to finance growth with additional equity or debt. In other words, it is the rate at which the company can grow while using its own internal revenue without borrowing from outside sources.
The sustainable growth rate (SGR) can be a useful indicator of which stage of its life cycle a company is currently in. In general, the higher the sustainable growth rate (SGR), the greater its potential upside.
The sustainable growth rate is an important financial metric that helps business leaders understand what stage of the business cycle they are in. At its core, the metric sheds light on the absolute maximum amount of growth the business can achieve before it requires outside capital.
Learn more about sustainable growth rate here
https://brainly.com/question/23455512
#SPJ4