Independently owned and operated stores that are a member of a wholesaler-sponsored chain have agreed to use the same name, take part in chain promotions, and work together as a single system.
Unlike corporate chains, these are associations of individual retailers. In many nations, voluntary networks of retailers that participate in collective merchandising and bulk purchasing are common. Any retail establishment with two or more locations that is part of a chain and sells the same products under the same ownership. A significant portion of retail activities are carried out by chains in the Americas, western Europe, and Japan. Chain stores constitute the first successful application of large-scale integrated procedures to a form of retailing, together with the department store and the mail-order business.
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which business orientation best characterizes the period of time when businesses began utilizing technology and production techniques, such as assembly lines, to manufacture products in a more efficient manner?
Production orientation characterizes the period of time when businesses began utilizing technology and production techniques, such as assembly lines, to manufacture products more efficiently.
A business strategy known as "product orientation" concentrates on a company's products as a way to represent the brand. It's a form of market orientation in which businesses put customers' requirements ahead of other considerations.
Product-oriented business leaders frequently make significant investments in R&D for new products and product lines.
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plico acquires equipment with an original cost of $140,000 that the company expects to use for 8 years and to have a residual value of $5,000. plico uses the double-declining balance method. if the equipment is purchased on september 1, 20x2, then first-year depreciatrion is:
The first year's depreciation is $35,000.
What Is the DDB Depreciation Method (Double-Declining Balance)?
The lowering balance method, also known as the double-declining balance depreciation (DDB) approach, is one of two popular ways a company will often account for the cost of a long-lived asset.
When opposed to straight-line depreciation, The double-declining balance depreciation method accelerates depreciation and counts as an expense more quickly than the method that uses the same amount of depreciation each year over an asset's useful life.Similar to the falling balance approach, the double-declining method doubles the rate of asset depreciation.
In commercial accounting, an accelerated depreciation computation known as the double-declining balance (DDB) approach is employed.
Specifically, compared to the conventional declining balance technique, the DDB method depreciates assets twice as quickly.
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According to our fip lecture and the slides from dr. Matt mars, what term is used to describe development and implementation for advancing innovative solutions to economic, environmental, social, and/or technological problems or opportunities?.
Entrepreneurial leadership is the term for organizing and motivating a group of people to work together toward a common objective through innovation, risk mitigation, opportunity spotting, and management of the dynamic organisational environment.
It is a style of thinking that motivates companies to look for opportunities to address problems and advance society.Successfully harnessing the skills of successful individuals and putting those into practice within the parameters of the larger organisation may constitute entrepreneurial leadership within a division of a large corporation.
The most well-known individuals who are regarded as "natural-born" entrepreneurial leaders include Richard Branson, Bill Gates, Mark Zuckerberg and Steve Jobs.
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building a high-performing organization with a capable leadership and workforce is an example of קיימות.
Building a high-performing organization with a capable leadership and workforce is an example of economic sustainability.
What is economic sustainability?
Economic sustainability refers to actions that promote long-term economic growth without having a negative effect on the community's social, environmental, and cultural facets.
Therefore,
Building a high-performing organization with a capable leadership and workforce is an example of economic sustainability.
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a c corporation description
Inside traders ordinarily defend their actions by claiming that they don’t injure.
Inside traders ordinarily defend their actions by claiming that they don’t injure anyone.
Insider trading is that the trading of a company’s securities by individuals with access to confidential or material non-public information about the corporate. Taking advantage of this privileged access is taken into account a breach of the individual’s legal duty. a corporation is required to report trading by corporate officers, directors, or other company members with significant access to privileged information to the Securities and Exchange Commission (SEC). Federal law defines an “insider” as a company’s officers, directors, or someone up to speed of a minimum of 10% of a company’s equity securities. Congress has criminalized these insiders’ use of private information under the speculation that the employment fraudulently violates a legal duty with which the corporate has charged the insider.
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zachary meyers is a forensic scientist. his monthly salary is $4,397. what is zachary's annual salary?
Zachary earns $52,764 a year in income.
Any firm, whether it is a major corporation or a small business, must make a critical decision on the pay schedule. It can influence the talent you draw and the long-term costs your company will face. Both you and your staff will gain from the proper compensation plan.
Given, monthly salary = $4,397
So, Annual salary = $4,397 x 12 = $52,764
Paychecks are issued twice a month under a semi-monthly pay schedule, typically on set days like the 1st and 15th or the 15th and 30th. However, they might not always fall on the same day of the week. As a result, you would only pay your employees 26 times a year as opposed to 24.
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the net present value (npv) method assumes that cash flows will be reinvested at the weighted average cost of capital (wacc), and the internal rate of return (irr) method assumes reinvestment at the irr
Internal rate of return (IRR) is a metric used in financial analysis to estimate the potential profitability of an investment. IRR is the discount rate that drives the net present value (NPV) of all cash flows to zero in a discounted cash flow analysis.
IRR calculation is based on the same formula as NPV. Note that the IRR is not the actual dollar value of the project. It is the annual returns that drive the NPV to zero.
In general, the higher the internal rate of return, the better to invest. Because IRR is consistent across different types of investments, it can be used to rank multiple potential investments or projects relatively evenly.
In general, when comparing investment options with other similar characteristics, the investment with the highest IRR may be considered the best.
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b decides to buy a single premium immediate annuity with a straight life only income option. how long will the insurer make payments to b?
Only for as long as b is alive, the insurer makes payments to b.
An entity that provides insurance is referred to as an insurer, an insurance company, a coverage carrier or an underwriter. a person or entity who buys coverage is called a policyholder, at the same time as someone or entity blanketed beneath the policy is called an insured.
Insured is the individual that is covered by chance. alternatively, the insurer is the employer that is offering coverage. it is a carrier that an insurer presents underneath a selected insurance coverage against a premium paid by the policyholder.
An insurer usually has the responsibility to guard or pay the prison charges of an insured who is concerned to criminal action for the protected chance.
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hich would be most helpful when considering a large expenditure that might require repeating payments? select three options.careful consideration of short-term goalsrecording the number of assets you currently owncreating a budget to consider future income and spendinglearning more about different kinds of accounts to manage moneylearning about op
The options that would be most helpful when considering a large expenditure that might require repeating payments are-
Careful consideration of short-term goals
Creating a budget to consider future income and spending
Learning about opportunity cost.
When a person wants to consider a recurring payment based on the use of large expenditure, he must check the short term goals, create a budget and learn about opportunity cost.
What does recurring payment mean?
"Recurring payment is a payment model where the customers authorize the merchant to pull funds from their accounts automatically at regular intervals for the goods and services provided to them on an ongoing basis."
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After designing the research project, the next step for the marketing researcher is to.
the next step for the marketing researcher is to collect data
Economic sectors across the board use marketing researchers. While many marketing researchers begin with research vendors, many also go on to work for specific firms, which we shall discuss below. Firms that provide focused research for their client companies are known as research providers. Major enterprises, governmental organizations, and mid-sized advertising agencies are examples of clients who frequently use research vendors on a project-by-project basis. Research providers are an excellent area for marketing researchers to gain expertise in a variety of projects, techniques, and survey designs because they have a wide range of clientele. In order to better serve their clients, research providers may offer data from a variety of sources, have a focus on digital and social media research, or offer specialized research.
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the 1-page marketing plan: get new customers, make more money, and stand out from the crowd free pdf
Building your brand; The one-page marketing strategy: gain more clients, earn more money, and differentiate yourself from the competition.
What do you mean by marketing plan?A comprehensive business plan could include a marketing strategy. A well-written marketing plan must start with a strong marketing strategy in order to accomplish goals. While a marketing strategy includes a list of tasks, it is of little use to a business without a strong strategic base. A marketing plan is a thorough report or blueprint that describes the advertising and marketing strategies to be used in the upcoming calendar year. It covers the commercial operations involved in achieving particular marketing goals within a predetermined time frame. A marketing strategy also contains a discussion of the target market, a description of the target market, and a description of the marketing mix that will be used by the company to meet its marketing objectives.
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jackson's programming paid its june rent of $500 cash. demonstrate how to use the accounting equation to record the transaction by completing the following sentence. jackson would decrease (expenses/cash/revenues) and increase (expenses/equity/revenues) in the accounting equation.
Based on Jackson's programming paying rent of $500 cash the effect on the accounting equation is Jackson would decrease cash and increase expenses in the accounting equation.
How are expenses treated?When a company incurs an expense such as rent, this goes to the Rent account and will increase it.
On the other hand, because the amount that will be used to pay off the rent will be taken from cash, the cash account will decrease.
In conclusion, expense will increase and cash will decrease.
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you make no sense like at all
Answer: thank you I don't know why but i will take that compliment
Business Assignment. 10) Explain 5 factor that managment of a business should consider before buying an office machine?
Price, function, quality, security and profitability are the 5 factor that management of a business should consider before buying an office machine.
A business is defined as an organization or enterprising entity engaged in commercial, commercial, or professional activities. Businesses may be for-income entities or non-income agencies. Commercial enterprise sorts variety from confined legal responsibility organizations to sole proprietorships, organizations, and partnerships.
Businesses help the society first through the distribution of products and offerings which can be critical for survival. Moreover, they create employment opportunities that assist individuals in the society earn an earnings to manage to pay for their wishes.
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based on the following information, calculate net income for dana's dress shop using the traditional format. sales $360,000 gross margin $140,000 contribution margin $110,000 total selling
The net income for dana's dress is $80,000.
Net income = gross margin - total selling and administrative expenses = 140,000-60,000 = $80,000
The term “income” usually refers to the amount of cash, assets, and other transfers of the value obtained over a fixed time period in trade for services or products. There may be no single, well-known definition: profits are defined according to the context in which the concept is used.
Income is the money received by someone (individuals or commercial enterprise) periodically on the day by day, weekly, monthly, or yearly basis. income consists of financial in addition to non-monetary values of allowances and perquisites. All income is taxable underneath earnings tax until expressly exempted.
Diverse combos of income assets can be used to derive this category. As an instance, to the most unique degree, the profits resources are combined into 5 additives: wages and salaries, self-employment earnings (farm and non-farm), government transfer payments, funding income, and other profits.
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Abc currently has the following quotes: market maker bid ask size mm1 10. 00 10. 50 3 × 2 mm2 10. 20 10. 45 4 × 3 mm3 10. 25 10. 60 3 × 2 the inside bid good is for a) 300 shares. B) 200 shares. C) 400 shares. D) 100 shares
Insider offer is for 300 shares.
An insider's bid is the highest bid, or the most a person is willing to pay. In this situation, MM3 is willing to pay 10.25 for 300 shares.
In economics, supply is defined as the seller's willingness to sell/deliver various quantities of goods at various price levels within a certain time and under certain circumstances. Certain times indicate a certain period or time, and certain conditions indicate a state of ceteris paribus. In order to answer consumer needs, producers provide various goods and services.
The goods and services produced are then sold to consumers in the market according to a certain price level. Demand has to do with buying and using, while supply has to do with supply and sale. So, supply is the amount of goods and services available for sale at various price levels and situations.
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collins, j. c. (2001). good to great: why some companies make the leap ... and others don't. new york, ny: harperbusiness.
Collins, j. c. (2001). good to great as: It took Jim Collins and his team of researchers five years to came with the answers: 11 companies made the leap from good to great and then sustained those results for almost 15 years.
How great was great?The good-to-great companies averaged cumulative stock returns 6.9 times the general market in the 15 years after their transition points.
What does Harper Collins own?Harper Collins Publishers LLC is one of the Biggest Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company has it's headquartered in New York City and is a subsidiary of News Corp.
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a $100,000 manufacturing tooling machine with a useful life of five years can be sold at the end of its useful life for $0. which depreciation method would depreciate the manufacturing tooling machine to a salvage value of $0 faster?
The depreciation method would depreciate the manufacturing tooling machine to a salvage value of $0 faster is Systematic and rational allocation.
To calculate depreciation the use of the directly-line approach, subtract the asset's salvage fee from what you assume it to be worth on the cease of its useful existence from its value. The result is the depreciable foundation or the amount that can be depreciated. Divide this quantity through the variety of years in the asset's beneficial lifespan. To calculate depreciation using a straight-line basis, virtually divide the internet charge buy price less the salvage charge by using the wide variety of beneficial years of lifestyles the asset has.
The double-declining balance method is a sort of elevated depreciation approach. in preference to dividing the value of an asset lightly among accounting durations, this approach shifts large depreciation prices towards the start of the asset's beneficial lifestyle so prices decrease as the asset nears its salvage fee. the age of the asset whilst bought, how often the asset is used, and the environmental conditions of the commercial enterprise that bought the asset.
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why was gutenberg's printing press such an important invention? paper had become too expensive. paper had become too expensive. explorers were able to navigate more easily. explorers were able to navigate more easily. merchants could sell their goods for more money. merchants could sell their goods for more money. books could be printed faster and easier.
The printing press created by Gutenberg was significant because it made it possible to produce books more quickly and easily.
Inventions like Gutenberg's printing press are significant because
It allowed for the inexpensive production of a large number of books.
These books could be obtained by a larger audience.
Many people found it easier as a result to learn to read and write. This printing press made it possible for people to transmit information more quickly and easily.
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department a has 2,000 square feet and department b has 5,000 square feet. assuming an allocation rate of $4 per square foot, how much cost should be allocated to department b?
$20,000 should be allocated to Department B.
We are given the space occupied by each department. But we are specifically asked for the allocation to Department B. We will simply perform multiplication operation to find the cost that should be allocated to department b. Multiplication is required when the repeated addition of same number or repeated calculation of any quantity is to be performed. In this question, we need to repeat $4 according to area of department, thus, multiplication will be performed.
Cost for one square foot = $4
Cost for 5000 square feet = 4*5000
Performing multiplication to find the cost to be allocated to Department B
Cost for 5000 square feet = $20,000
Hence, Department B should be allocated $20,000.
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as a stockholder in bozo oil company, you receive its annual report. in the financial statements, the firm has reported assets of $9 million, liabilities of $5 million, after-tax earnings of $2 million, and 750,000 outstanding shares of common stock. quizlet
The earnings per share of Bozo Oil's common stock will be $2.67 i.e.,
(2,000,000/750,000).
What's Earnings per share?
Earnings per share (EPS) is a employer's net earnings divided with the aid of the wide variety of not unusual shares it has outstanding. Earnings per share indicates how much money a employer makes for every proportion of its inventory and is a extensively used metric for estimating corporate fee.
Is a high Earnings per share ratio excellent?
If the organization has preferred dividends it must pay out, you'd subtract those from the profits. A high Earnings per share way that the organization carried out properly all through the earnings period, and traders are willing to pay extra for its shares, making it greater treasured to existing buyers.
Is Earnings per share same as dividend?
Earnings per share and dividends aren't the equal. profits in step with percentage is a calculation that displays a employer's profitability on a shareholder foundation, while dividends constitute money paid to shareholders.
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the benefits of economies of scale and increased competition to an economy include lower unit costs.
The economies of scale efficiently lead to lower per unit costs. There are several reasons for it. Firstly, production volumes are boosted through the specialization of labor and more integrated technology. Secondly, lower bulk orders can also result from bulk orders from suppliers, larger advertising buys, and lower costs of capital. Thirdly, awareness about internal costs across more units developed aids in reducing unit costs.
Economies of scale refer to cost advantages that are accessed by firms when production becomes more efficient. This is because costs can be spread over a larger amount of goods. Economies of scale can be both internal and external.
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love to learn daycare is over budget. which is the easiest category in which to cut costs? miscellaneous payroll rent utilities
Love it or hate it, keeping a balanced budget is one of the most crucial aspects of running a daycare.
No matter how excellent the service you offer is, your company will not be able to exist if you do not make more money than you spend.
You can understand exactly where your money is going and identify ways to be more efficient with careful planning and maintaining an eye on your finances. Having a system that you can use and that shows information in a way you can easily comprehend is crucial. The majority of the money you make as a child care provider comes from the parents of the children who are enrolled in your program.
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In order to add value to its business activities Sports Tours Ltd is considering two
options:
Option 1: using professional sports venues for tournaments
Option 2: providing teams with top class coaching when on tour.
(c) Justify which one of these two options Sports Tours Ltd should choose.
Answer:
Explanation:
Option 2 would be your answer.
Providing teams with top class coaching when on tour adds capital value to its business because you are hiring new employees which raise the value of a company. Using professional sports venues for tournaments would not add value to their business because they are not buying those venues and adding it to their business.
A dividend end pays $65 of a $3000 stock price. what is the percent the dividend pays? 5.5% 2.2% 3.8% 1.7% 4.2%
Based on the dividend paid, and the stock price, the percentage paid by the dividend is 2.2%
What percentage is paid by the dividend?The percent that the dividend pays can be found as:
= Dividend amount / Stock price x 100%
Solving gives:
= 65 / 3,000 x 100%
= 2.16%
= 2.2%
In conclusion, the dividend paid 2.2%.
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Having a savings account can contribute to a person’s overall financial well-being. Which one of the following is not a benefit of maintaining a savings account?.
Having a savings account gives individuals the ability to borrow money from members in the community
The Right Response is Option CA savings account, which allows you to deposit money and often yields a reasonable rate of interest, is a crucial type of financial tool. These federally insured accounts offer a secure place to store your money while earning interest, up to per account owner.
What functions does a savings account serve?
Open a savings account if you wish to put money away for upcoming goals and needs. For safety and to earn interest on your balance, you can put money in savings accounts. You can open these accounts with a bank or credit union.Learn more about savings account, click here.
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Complete Question - Having a savings account can contribute to a person s overall financial well-being. Which one of the following is NOT a benefit of maintaining a savings account?
a. A savings account provides security in tough financial times
b. With a savings account, you can invest when the opportunity presents itself
c. Having a savings account gives individuals the ability to borrow money from members in the community
d. A savings account allows an individual to fulfill life long dreams
does student loan forgiveness apply to graduate school loans for those who get pell grants as undergraduates
Student loan forgiveness does apply to graduate school loans for those who get Pell Grants as undergraduates
If they received a Pell Grant, students are eligible for up to $20,000 in federal student debt forgiveness on any federal student loans.
Pell Grants are often only offered to undergraduate students who "show severe financial need and have not earned a bachelor's, graduate, or professional degree."
However, some students might have gotten a Pell Grant while still an undergrad and then ended up taking out graduate-level federal loans. Such a person would be eligible for $20,000 in debt forgiveness under the White House's plan, regardless of whether the outstanding loans are merely for graduate school.
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on 8/1, supplies costing $500 were purchased on credit. record this transaction in the accounting equation by: multiple choice question. decreasing cash, and increasing supplies increasing cash, and increasing supplies increasing supplies, and increasing accounts payable increasing supplies, and decreasing expenses
Supplies being purchased on credit can be recorded as increasing supplies, and increasing accounts payable.
How are credit purchases recorded?When a good is purchased on credit, the account of the good will be increases and debited because it is increasing in value. Supplies are to be increased therefore.
The fact that the purchase was on credit means that we owe the people the supplies were bought from and so the accounts payable will increase.
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. smith inherits a ranch in the midwest and without having seen it, wants to sell it. which is the best deed he can use to convey the ranch with the least liability to himself? select one: a. general warranty b. bargain and sale c. quitclaim d. trustee's deed
Mr. Smith can use quitclaim as the best deed to convey the ranch with the least liability to himself. Hence, Option C is correct.
What do you mean by quitclaim?In general, a quitclaim is a formal renunciation of a legal right to land or of a claim against another person. A person who quitclaims transfers a legal interest in land or renounces or relinquishes a claim to some legal right.
The least amount of buyer protection is provided by a quitclaim deed, which is typically used for title transfers within families or to fix a title issue.
Hence, Mr. Smith can use quitclaim as the best deed to convey the ranch with the least liability to himself. Option C is correct.
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