If the first customer pays in eight days and the second customer pays in 12 days. The difference in the merchandise company's records on the date the customers required to pay in full of 500$.
The first customer's cash admission would be $490, and the second customer's cash input would be $500.
The first consumer would save 2% on their purchase because they paid within 10 days. As a result, their final bill would be $500 * 0.98, or $490, paid in cash and subject to a $10 sales discount. The second consumer didn't pay in ten days to make a payment. As a result, the second customer is required to pay the full amount of $500.
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when micha started his window-washing business, he wanted to keep things simple. he liked the idea of being his own boss and the possibility of leaving the business one day to his son. he chose the type of business that was easy to start, allowed him to keep company profits, and would not have any special taxes assessed. micha’s financial resources were limited, but so were his concerns; after all, "he was the business." micha’s business is most likely a(n)
Micha’s financial resources were limited, but so were his concerns; after all, "he was the business." Micha’s business is most likely a(n) Sole proprietorship.
Quizlet is the term used when your prosperous franchise falls merely as a result of other comparable franchisees failing?The ability to benefit from the franchisor's management and marketing skills is one of the benefits of a franchise. The so-called "coattail effect" occurs when your profitable franchise falls just as a result of failures by other franchisees.
Which type of business ownership is most prevalent in the US, according to Quizlet?The sole proprietorship, which has just one owner, is the most typical form of business ownership in the US. A legal structure for business ownership is a sole proprietorship.
Which of the following easy-to-start company models enables you to work for yourself and keep all the profits?single-person business. A sole proprietorship is a simple business structure to establish with low startup costs, unlimited liability, and no additional taxes, so any firm gains are taxed at the owner's personal income tax rate.
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How important do you think it is to spot a gap in the market for new small business
This Gap you insight into what your competitors are not doing right and give you the opportunity to do better. By focusing on market gaps, you avoid jumping into an already saturated market can also do. After all, new businesses often come to a standstill when the market becomes saturated.
A Gap is a business opportunity. That's when you've identified something your customers need that isn't currently available. This could be something completely unique, an improvement on an existing idea, or a way to introduce something to another market.
A product opportunity gap is when there is a gap between what is on the market and the potential for new products due to emerging trends. An entrepreneur can determine if there is a POG by considering the three factors such as social trends, economic strength, and technological progress.
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Finding gaps in the market is important.
This gives you insight into what your competitors are not doing right and gives you an opportunity to improve. Focusing on market gaps can also help you avoid jumping into an already saturated market. After all, a saturated market is often a dead end for new ventures.
Niche is a business opportunity. When you've identified something your customers need that isn't currently available. This could be something completely unique, an improvement on an existing idea, or a way to introduce something to another market.
How do you perceive gaps in the market? Here are six ways to identify gaps.
Monitor trends in your specialty. ...
Getting feedback from customers (and listening to it!) ...
Evaluate your competitors' products and set yourself apart.
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The global economy, globalization, rapid technological change, and the increasing importance of knowledge and people as sources of competitive advantage are creating the need to?
The global economy, globalization, rapid technological change, and the increasing importance of knowledge are creating the need to delegate strategic responsibilities to employees “closer to the action.” Therefore, the option A holds true.
What is the significance of strategic responsibilities?Strategic responsibilities can be referred to or considered as the responsibilities that are in the hands of the top order management of a business organization. These responsibilities are a part of the important strategies required for global expansion and changes in the business environment of the industry.
Therefore, the option A holds true and states regarding the significance of strategic responsibilities.
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The global economy, globalization, rapid technological change, and the increasing importance of knowledge are creating the need to
a. delegate strategic responsibilities to employees “closer to the action.”
b. split responsibilities between the CEO and the board of directors as a result of corporate scandals triggered by unethical CEOs.
c. re-centralize the responsibility for strategy to the CEO.
d. expand the strategic responsibilities to all organizational
which two are the most common unethical behaviors when it comes to competition in business? multiple select question. economic espionage sale of faulty products privacy violations corruption
The two most common unethical behaviors when it comes to competition in business are c. moral idealism and d. utilitarianism.
Most commonly associated with technology-intensive industries, including coatings. Unethical behavior occurs when people behave badly, immorally, unfairly, or inappropriately. Business ethics defines corporate behavior as ethical or unethical. A company with good ethics seeks to make a profit for its owners while acting ethically.
Unethical conduct is conduct outside of what is considered morally right or appropriate for a person, profession, or industry. Individuals, like businesses, professionals, and politicians, can act unethically.
Disclaimer:- your question is incomplete, please see below for the complete question.
a. hedonism
b. normative ethics
c. moral idealism
d. utilitarianism
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a firm that owns a controlling interest in another company separately reports ""income attributed to noncontrolling shareholders"" on its consolidated income statement.
A firm that owns a controlling interest in another company separately reports "income attributed to noncontrolling shareholders" on its consolidated income statement: within equity in the consolidated statement of financial position, take the subsidiary's book value and multiply by the non-controlling interest percentage.
A shareholder of a corporation is an individual or legal entity that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation.
A shareholder is a person or institution that has invested money in a corporation in exchange for a “share” of the ownership. That ownership is represented by common or preferred shares issued by the company and held (i.e., owned) by the shareholder.A shareholder is an owner of a company as determined by the number of shares they own. A shareholder can be a natural or legal person (commonly referred to as a corporate shareholder) that owns stock or multiple shares in a company.
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Under the ____ accounting assumption, a business owner must keep the financial records for the business separate from personal records.
Answer:
Accounting Chapter 2 Review
Question Answer
A legal document that gives a business the right to operate as a corporation. Charter
Under this accounting assumption, a business owner must keep the financial records for the business separate from personal records. Business Entity
on january 1st, 2003, the bolivar was trading at bs1400/$. by february 1st, its value had fallen to bs 1950/$. many currency analyst and forecasters were predicting that the boliviar would fall and additional 40%
Percentage change in January is 28.21% = Bolivar
What is economic crisis ?The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, which is typically caused by a financial crisis. The current economic situation could manifest as stagflation, a recession, or an economic depression.
Financial crises include things like stock market crashes, credit crunches, financial bubble bursts, sovereign defaults, and currency crises. A financial crisis may just affect one nation or one area of the financial services industry, but it is more likely to extend internationally or regionally.Learn more about Economic crisis here:
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a business has the following transactions: the business receives cash and issues common stock to stockholders. the business purchases of office supplies on account. the business purchases of furniture on account. the business performs services for various clients totaling on account. the business pays for salaries expense and for rent expense. the business pays to a supplier for the office supplies purchased earlier. the business collects from one of its clients for services rendered earlier in the month. at the end of the month, all journal entries are posted to the ledger. accounts receivable will appear as which of the following?
When all journal entries are made to the ledger at the end of the month, we have an accounts receivable balance of $7,000 after recording a debit of 11,000 and a credit of 4,000.
When a business sells something, the buyer typically has two payment options: they can pay now, which would be considered a cash transaction or they can pay later, which is actually a credit sale. At the time of sale, accounts receivable are debited in this way.
A journal entry is used to record a business transaction in the company's accounting records. Journal entries are often made in the central ledger, but they may also be produced in a subsidiary ledger and subsequently rolled forward into the general log after being summarised.
Let's list the occasions that affect receivables:
1. The company provides services to numerous clients for a total of $11,000 on account debit, which results in $11,000 in receivables since we are due money.
2. The company receives $4,000 from a client for services done earlier in the month and credits $4,000 in receivables because we now owe less money to our clients.
As a result, there is an 11,000 debit, a 4,000 credit, and a $7,000 balance.
A business engages in subsequent transactions. The company gets $22,000 in cash and distributes ordinary shares to investors. buys office supplies for $800 using a business credit card. On credit, the company spends $3,000 on furniture. This company provides services for numerous clients on accounts of $11,000. The company spends $3,000 on payroll costs and $3,500 on rent costs. A company pays an outside vendor $800 for previously bought office supplies. A company receives $4,000 from its clients at the beginning of the month in payment for services provided.
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In the context of employee separation, _____ is a personal reason for leaving a job.
In the context of employee separation, change in career aspirations is a personal reason for leaving a job.
There are only two reasons for employees to leave a job, first, they are asked to leave, second, they leave voluntarily for a change in career aspirations. Thus, there are very different ways to handle voluntary and involuntary termination.
So there are many people who leave jobs as they are getting a better job opportunity available elsewhere. When this happens, the employees may offer their managers the opportunity in order to top the better job offer.
Hence, employees tend to leave a job because they are unhappy in their work and believe they can be happier elsewhere.
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a real estate agent sells a house for $200,000 that the previous owners had bought 10 years earlier for $100,000. the agent earns a commission of $6,000. by how much does gdp rise?
A real estate agent sells a house for $200,000 that the previous owners had bought 10 years earlier for $100,000. the agent earns a commission of $6,000
The GDP rise will be $106,000
Given:
Home price today is $200,000;
home price ten years ago was $100,000; agent commission today's gdp increase is ($200,000 + $6,000 - $100,000) = $106,000.
Thus, the increase in GDP is $106,000.
What is the GDP ?The total price and worth of all the many economic activities that the citizens of a nation or state engaged in over a specific time period is known as the gross domestic product (GDP).
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a distributor is a person or an organization that helps another company sell its goods and services to customers. distributors are considered external stakeholders.
a distributor is a person or an organization that helps another company sell its goods and services to customers. distributors are considered external stakeholders.
This statement is true.
A distributor is an intermediary entity who lies between the producer of any product and the another entity in the distribution channel or it can be the supply chain.
It can be a retailer or a value-added reseller or VAR or a system integrator or SI .
A distributor is known as the only person who distributes different goods in a specific area. He is the only source for the retailers as well as the dealers to purchase that product in the area.
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After class one day, you are in a hurry to meet a friend and accidentally leave your textbook in the classroom. You soon realize you do not have your book and return to the classroom to get it. Unfortunately, the book is gone. You go to lost and found, but no one has returned it. Later, you find out that someone took your book and sold it. What crime was committed by the person who took your book?.
If unfortunately, the book is gone. You go to lost and found, but no one has returned it. Later, you find out that someone took your book and sold it. The crime that was committed by the person who took your book is; Larceny .
What is Larceny?
Larceny can be defined as the way in a person take or steal what does not belong to them or when a person commit a theft by taking another person item or property.
Based on the scenario the crime that was committed is known as Larceny due to the fact the person took another person book which does not belong to him/her.
Therefore If unfortunately, the book is gone. You go to lost and found, but no one has returned it. Later, you find out that someone took your book and sold it. The crime that was committed by the person who took your book is; Larceny .
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In the pillbug experiment, an important part of the experimental strategy was to?
It is critical to take measurements twice in the pill-bug experiment: once at the start of the experiment and once at the end. Pill bugs are terrestrial isopods that belong to the crustacea family. This experiment determines if pill bugs, sometimes known as roly-polys, prefer lightness or darkness.
They experiment are slow-moving, cold-blooded organisms whose body temperatures are governed by their surroundings. The pill-bugs gravitate for cornstarch, but the control group exhibits no change in the behavior toward sand. Pill-bugs are vital for clearing the soil of heavy metal ions because they crystallize copper, zinc, lead, arsenic, and cadmium in their midgut.
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_____________ is a legal concept that holds a business owner personally responsible for all the debts of the business.
Sole proprietorship is a legal concept that holds a business owner personally responsible for all the debts of the business.
What is sole proprietorship?Sole proprietorship is also known as tradership is an individual proprietorship or n entrepreneurship which is a kind of enterprise that is owned and ran by a person where there is no legal distinction between the business entity and the owner.A sole trader or proprietor doesn't necessarily wok alone and they can employ other people for the same.Some examples of sole traders or proprietors are as follows,Small businesses, freelance writers, local clothes, freelance graphic designers, local clothes store, grocery stores artists etc.To learn more about sole proprietorship, refer
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If buyers and sellers both expect future prices to increase, what will happen to the current equilibrium price?.
If buyers and sellers both expect future prices to increase, the current equilibrium will increase.
How does market condition affect equilibrium price?When the price ceiling is less than the equilibrium price, then the quantity demanded will eventually exceed the quantity supplied and the higher demand will lead to shortages.
In this case the equilibrium price is less than the price ceiling which is the reversal of the above where in the demand will be less and therefore the products will be available for all the consumers.
When the price is too low than the quantity demanded increases than the supplied quantity. this leads to shortage and consumers who can afford the goods are happy as not all can get the product due to a a higher price.
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an approach to visualizing and managing capacity that recognizes that nearly all products and services are created through a series of linked process, and in every case, there is at least one process step that limits throughput for the entire chain is the formal definition of.
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Theory of Constraints (TOC)
If in the year 2030, us gross domestic product is $40 trillion (2030 dollars), and the gdp deflator then is 400 (2020 = 100), what is real 2030 gdp (in 2020 dollars)?
If in the year 2030, US gross domestic product is $40 trillion (2030 dollars), and the GDP deflator then is 400 (2020 = 100), then the real 2030 GDP (in 2020 dollars) will be of around $10 Trillion.
What is gross domestic product?In any nation, various goods and services have been provided and produced within the nation.
These goods and services are sometimes referred to as "gross-domestic products," which is the net usage of products within a nation as per the given data. GDP in the year 2030, according to 2020, is around 10 trillion dollars.
After using the following formula, it is easy to find out the GDP:
GDP deflator = Nominal GDP ÷ Real GDP × 100
= 400 ÷ 40 × 100
= 1,000
Therefore, the gross domestic product has a huge impact when it comes under the deflator category that is around $10 Trillion.
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During the aep, on october 30, marissa enrolls in the devoted health hmo medicare advantage plan for an effective date of 1/1/2023. On november 15, marissa meets with janice of abc insurance agency and enrolls in a stand-alone prescription drug plan (pdp) also for an effective date of 1/1/2023. If marissa does not make any further changes to her medicare enrollment choices, on january 1, 2023 she will be on…
In 2018, Devoted Health launched a next-generation Medicare Advantage plan with the intention of enhancing the accessibility, compassion, and care of healthcare.
Simply enrol in the Medicare Advantage Plan of your choice during one of the enrollment periods if you want to change to a new one. When the coverage under your new plan starts, your previous plan will be immediately disenrolled.
Along with its insurance business, Devoted also intends to make money by running its own medical group in order to get there. One slide stated, "By providing clinical services, Devoted decreases the overall cost of care for Devoted's Medicare Advantage plan and also earns income and margin for Devoted's Medical Group.
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in the united states, a vast amount of storage space was required to keep surplus crops and farm products were stored in unused warships because all the storage facilities on land had been filled to capacity. a series of bumper crops could lead to the federal government’s having more wheat in storage than was grown by american farmers all year. what policy led to these situations?
Just as a charge set beneath the level that could be triumphant by way of deliver and demand in a unfastened marketplace has a tendency to purpose extra to be demanded and much less to be provided, growing a scarcity on the imposed price.
So a price set above the unfastened marketplace level tends to cause greater to be furnished than demanded, creating a surplus.
Surplus from this yr's wheat harvest, offered by means of the authorities from farmers, sits moldering in muddy fields here in Punjab state. some of the previous 12 months's wheat surplus sits untouched, too, and the years earlier than that, and the years before that.
Even as kind of one-fifth of farming earnings within the united states comes from government subsidies, greater than 40 percentage of farming profits in nations of the eu Union comes from such subsidies, as does an absolute majority of the farming earnings in Japan.
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what is your overall evaluation of the potential for jordano foods in this new relationship with sab? explain your position. what areas of logistics do you think have the most potential for jordano and sab to collaborate for the beneἀt of sab’s customers? why?
Jordano Food Company's two main strengths are its manufacturing and marketing departments, which help it grow in its supply chain.
With such a strong manufacturing and marketing strategy, the Jordano brothers successfully expanded their business into key functional areas. Currently, they have three factories and have an annual income of $600 million. However, the logistics department is a cornerstone of the company's success. Therefore, a better logistics management strategy is needed. On the other hand, SAB has two options. Selling the company or partnering with a successful company like Jordano. In my opinion, cooperation is the best option for both companies. In this way, both of them can help each other and gain experience in their weak spots.
One of the areas where Jordano has historically excelled is marketing. The area that Jordano can focus on most when collaborating with SAB is the "Logistics-Marketing Interface". These relationships include physical distribution and product sales efforts.
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you have just been offered a promotion that your friend and coworker, amy, has been hoping for. amy knows that you had a meeting scheduled with your boss today and sends you an e-mail asking how your meeting went. you know amy will be upset when she hears the news of your promotion; however, she is a good friend, and you need to be honest and tell her in your response e-mail.
A promotion is when an worker advances to a function this is categorised at a higher revenue grade, or in sure instances, an acknowledgment of good sized extra duties within the equal grade.
The intention of merchandising is to boom brand attention, create hobby, generate income, or create logo loyalty. it's miles one of the simple elements of the marketplace mix, which incorporates the four playstation , i.e product, rate, location, and advertising. promotion is likewise one of the elements inside the promotional mix or promotional plan.
If the corporation needs to fill a emptiness only with inner candidates, it assigns that better-stage job to the chosen worker from inside thru merchandising checks. Such upward motion can be said merchandising.
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Time management involves awareness, arrangement, and adaptation. Which of these skills do you think you are best at? Which do you think you need to work on? Give reasons to provide support for your answers.
1 paragraph PLEASE PLEASEE
Given that the bulk of apps and hacks deal with scheduling and planning, arrangement is probably the one of these three abilities you think you are best at.
You need to work on your awareness and adaption skills because research indicates that these abilities are both more uncommon and harder to acquire naturally without external assistance.
What is Time Mangement?The decision-making process that organizes, safeguards, and adapts a person's time to shifting external conditions is referred to as time management. Successful time management requires three specific abilities:Awareness: Recognizing that your time is a finite resource and acting accordingly.Designing and organizing your chores, schedules, objectives, and goals in order to efficiently manage your time is arrangement.Monitoring your time usage while engaging in tasks, such as responding to interruptions or shifting priorities, is known as adaptation.Additionally, people's procrastination avoidance and activity prioritization abilities were mostly influenced by their awareness and adaption capabilities, respectively.Learn more about Time management here:
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According to north carolina’s safe surrender law, an overwhelmed parent may surrender their child up to what age to a responsible adult without being held criminally liable?.
Overwhelmed parents can hand over their child up to the age of 7 to a responsible adult without being held criminally responsible.
Between parents and children there is a reciprocal obligation called alimentation. Both parents are obliged to maintain and educate their children as well as possible. While children are obliged to respect their parents and obey the will of good parents. In addition, when the child is an adult, he is obliged to take care of his parents and family in a straight line up according to his ability.
Reciprocal rights and obligations between parents and children continue even though the marriage between the two parents is broken. Parental power will end when:
The child reaches the age of 18 years.Married Child.One or both parents are deprived of power.You can learn more about alimentation here brainly.com/question/17114855
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to enter transactions on the right side of a t-account means you will (debit/credit) the account and will cause a(n) (decrease/increase) in a liability account.
To enter transactions on the right side of a t-account means you will debit the account and will cause a increase in a liability account.
A T- account is an informal term for a set of financial records using double bookkeeping. It is called a T-score because the accounting items are arranged in a T- account . The account name appears just above the T. It is called T-Account because the account items are arranged in a T- account. Your account name will appear just above the letter T. Below, the debit is listed on the left and the credit is listed on the right, separated by a line. Accountants record increases in the owner's assets, expenses and accounts as debits and credits as increases in liabilities, income and equity. A T- account is a ledger account and is a tool used to understand the outcome of one or more transactions. T accounts are usually used to arrange reconciliation items. The counter principle of accrual accounting states that all expenses must match income accrued during the period. The T- account tells the accountant what to enter into the ledger to get an adjusted balance so that income equals expenses.
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Answer:
credit; increase
Explanation:
item 21 the fact that businesspersons are expected not to harm customers, clients, and competitors knowingly through deception, misrepresentation, coercion, or discrimination is part of the practice of
practice of Fairness and honesty
Since honesty is the antithesis of lying, everything you say would be flawlessly truthful. Fairness would be a treatment or action with which everyone can agree, regardless of who or what they are. Because everyone would agree, it is not contentious. Being honest entails telling the truth to both ourselves and others. It entails having enough compassion for people to refrain from deceiving them for your own gain. It entails accepting responsibility for our errors, even when we must confess them to others or when doing so might put us in danger. Fairness is conducting oneself justly and basing judgments, particularly significant ones, on facts rather than preconceived notions.
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Dual agency representation requires brokers to treat all parties equally. this essentially means clients become principals. customers. licensees. consumers.
This essentially means clients become customers. Thus, option B is correct.
What is a Dual agency?Dual agency can be defined as that part when the person or the broker is acting as a person who is treating both the parties and is taking the payment from both of them, the buyer and the seller both.
In this situation, the clients both the time become the customers of the broker. The broker is representing both things, which means that both the transactions are being done and is a dual representation, so the client becomes the customer of the agency. Therefore, option B is the correct option.
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Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in price determination. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
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a woman is selected by a marketing company to participate in a paid focus group. the company says that the woman was selected because her name is among the first 250 in the phone number listings
A woman is selected by a marketing company to participate in a paid focus group. The company says that the man was selected because his name is among the first 200 in the phone number listings. -- Convenience sampling
What is convenience sampling?
Convenience sampling involves using respondents who are 'convenient' to the researcher. There is no pattern that wins these respondents. For example, you can gather respondents by simply interviewing people on the street, in public buildings, or at work.
What is an example of convenience sampling?
A basic example of a convenience sampling method is when a company distributes promotional brochures and asks questions in a shopping mall or busy street with randomly selected participants. Companies use this convenience sampling method to collect information and address critical issues arising from the market.
Why is convenience sampling used?
Convenience sampling is usually collected in easily accessible populations. The data is readily available, allowing researchers to collect pilot data using convenience sampling or to explore hypotheses that can be tested in future studies.
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Employees are provided coaching and other developmental opportunities in order to ensure future success in which step of the performance management process?
The employees are provided coaching and other developmental opportunities in order to ensure future success in the feedback step of the performance management process. Therefore, the option A holds true.
What is the significance of performance management process?Performance management process can be referred to or considered as the process that involves development of the employees who are a part of the management of functions in a business organization throughout the entirety of the process.
Therefore, the option A holds true and states regarding the significance of the performance management process.
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The missing options are added to the incomplete question for better reference.
Employees are provided coaching and other developmental opportunities in order to ensure future success in which step of the performance management process?
A. feedback
B. assessment
C. evaluation
D. None of these
seduak has estimated the costs of debt and equity capital for various proportions of debt in its capital structure: % of debt cost of debt (%) cost of equity (%) 0 - 13.0 10 5.4 13.3 20 5.4 13.8 30 5.8 14.4 40 6.3 15.2 50 7.0 16.0 60 8.2 17.0 based on these estimates, determine seduak's optimal capital structure.
Seduak has estimated the costs of debt and equity capital for various proportions of debt in its capital structure: % of debt cost of debt (%) cost of equity (%) 0 - 13.0 10 5.4 13.3 20 5.4 13.8 30 5.8 14.4 40 6.3 15.2 50 7.0 16.0 60 8.2 17.0 based on these estimates, determine Seduak's optimal capital structure.50% debt.
The cost of 50% debt is calculated by observing this rate of interest the firm must pay on new borrowing or the rate on similarly rated bonds. The weighted cost of capital (WACC) measures a firm's cost of capital, e.g. what it costs to finance firm assets.
WACC consists of the weighted average of the assorted styles of capital a firm can use to finance its operations—debt, preferred shares, retained earnings, and external equity. Next, divide your total interest by your total debt to urge your cost of debt. The minimum rate of return necessary to draw in an investor to get or hold a security is termed the value of capital.
The weighted cost of capital is computed using before-tax costs of every of the sources of financing that a firm uses to finance a project. The weighted price of capital (WACC) is the cost of the entity's finance (equity, bonds, bank loans, and preference shares) weighted per the proportion each element bears to the entire pool of funds.
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