Delta Air Lines owns hundreds of aircraft, with about 60 percent of its fleet consisting of Boeing aircraft, while Airbus aircraft make up about 40 percent. It sold seven used Boeing 767-300 jets to Amazon.com as Amazon plans to expand its growing Amazon Air cargo service. The average age of the jets is about 20 years old. Assume the records of the company reflected the following for the jets that were sold: Aircraft cost $ 62,300,000 Accumulated depreciation $ 46,900,000 Required: 1. Prepare the journal entry for the disposal of the airplanes, assuming that the airplanes sold for: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. $15,400,000 cash b. $16,700,000 cash c. $14,600,000 cash

The given statement, "Direct denial should be used by salespeople when a prospect's objections are based on inaccurate information about the seller's firm" is true (T) because direct denial is a sales technique used to correct inaccurate information.

Direct denial is also used to clarify any misunderstandings a prospect may have about the seller's firm.

A salesperson can use direct denial to challenge the correctness of the customer's objection by directly contradicting it in this method. If a prospect's objection is based on incorrect information about the seller's company, direct denial should be employed to refute it. Salespeople use direct denial to refute a customer's objection by directly contradicting it in this method.

A customer may ask a salesperson a question or present an objection based on faulty information, and the salesperson may respond using direct denial by stating that the information presented by the customer is incorrect.

Learn more about Direct denial https://brainly.com/question/14940608

#SPJ11

The cost of goods sold section of Gap Inc.'s 2015 income statement can be reconstructed by taking the merchandise inventory as of January 31, 2015 ($1,623) and adding it to the cost of goods purchased during the year.

Cost of goods available for sale is calculated by subtracting the merchandise inventory as of January 31, 2016 ($1,613) from the cost of goods available for sale.

Gap Inc.'s 2015 Cost of Goods Sold:
Merchandise Inventory 1/31/15: $1,623
Cost of Goods Purchased: $9,261
Cost of Goods Available for Sale: $10,884
Merchandise Inventory 1/31/16: $1,613
Cost of Goods Sold: $9,271

Gap Inc.'s gross profit ratio for 2015 is calculated by taking the gross profit ($5,254) divided by the net sales ($14,525) and multiplying by 100. This gives us a gross profit ratio of 36.1%.

Gap Inc.'s gross profit ratio for 2014 is calculated by taking the gross profit ($5,885) divided by the net sales ($14,657) and multiplying by 100. This gives us a gross profit ratio of 40.2%.

For more questions on income statement

https://brainly.com/question/3224128

#SPJ11

Answer:

efficiency

Explanation:

meaning they are doing with in time which is one factor for productivity

The cost of buying and selling a stock consists of broker's commissions and dealer's bid-asked spread.

The answer is    Option What is stock trading? Stock trading involves purchasing and selling shares of a publicly traded corporation on an exchange. Brokerages, stockbrokers, and brokerage firms provide investors with the necessary trading tools to buy and sell stocks. Stock trading includes a number of costs, including brokerage fees, dealer bid-asked spread, and price concessions an investor may be compelled to make. When purchasing and selling stocks, an investor must consider these expenses to determine the true cost of a trade. Therefore, the cost of buying and selling a stock consists of broker's commissions and dealer's bid-asked spread.

Read more about buying and selling here:https://brainly.com/question/25580226

#SPJ11

The basic components of business processes are data, knowledge, and activities. The correct option is B

These three components are crucial for any business process to be successful. Business processes are designed to help businesses operate more efficiently and effectively.

A business process is a series of activities that are designed to achieve specific business goals.

The basic components of a business process are data, knowledge, and activities.

Data is the raw material that is used to make decisions and carry out tasks.

Knowledge is the information that is used to understand how to perform tasks and make decisions.

Activities are the tasks that are performed to achieve specific business goals.

Hence, the Correct option is B

Learn more about  business processes here:

https://brainly.com/question/28489310

#SPJ11

early adopters are consumers who are among the first to buy a new product. They have several characteristics, including:

- They are less risk-seeking than innovators.
- They have less disposable income than innovators.
- They tend to be opinion leaders of a particular product category.
- They are youngest in age of all consumer category groups.

Therefore, the correct answer is:

- They are less risk seeking than innovators.
- They tend to be opinion leaders of a particular product category.
- They are youngest in age of all consumer category groups.

for such questions on innovators.

https://brainly.com/question/19969274

#SPJ11

The (A) nonrational models of decision making describe how managers actually make decisions.

These models recognize that decision making is often based on incomplete information, intuition, and personal biases, rather than a rational and systematic approach. Nonrational models include the political model, which emphasizes the importance of bargaining, negotiation, and power, and the garbage can model, which views decision making as a messy, unstructured process in which problems, solutions, and decision makers are constantly changing and interacting.

Therefore, the correct answer option is A.

You can learn more about nonrational models at

https://brainly.com/question/24916506

#SPJ11

The followings are the amounts or ratios that need to be calculated as well as the relationship between the amounts or ratios before the write-off (x) and the amount or ratio after the write-off (y):

1. Current ratio is used to calculate the company's short-term liquidity. The calculation is based on the ratio of current assets to current liabilities.

Before write-off x: 30,000 / 10,000 = 3:1y

After write-off: (30,000-3,300) / 10,000 = 2.67:1

Thus, the relationship is 3:1 > 2.67:1 (before the write-off > after the write-off).

2. Net accounts receivable balance is the difference between the gross accounts receivable and the allowance for doubtful accounts.

Before write-off x: 3,300 - 300 = $3,000y

After write-off: 3,200 - 300 = $2,900

Thus, the relationship is $3,000 > $2,900 (before the write-off > after the write-off).

3. Gross accounts receivable balance is the sum of accounts receivable before the write-off.

Before write-off: x: $3,300y

After write-off: $3,200

Thus, the relationship is $3,300 > $3,200 (before the write-off > after the write-off).

learn more about the relationship between the amount or ratio  here:

https://brainly.com/question/20982732

#SPJ11

If an associate broker falls behind on child support payments with no plan to make up the delinquent payments, the commission will most likely be garnished by a court order.

An associate broker is a real estate professional who has taken advanced courses and has completed the necessary experience requirements for a broker’s license. Associate brokers can work independently as real estate brokers, but they usually work under the supervision of a real estate broker. Commission on a real estate sale. A commission is a percentage of the sale price of a property that is paid to a real estate agent or broker.

Typically, the commission is split between the seller's agent and the buyer's agent, with the listing agent receiving a higher percentage because they are responsible for advertising and selling the property. The commission is usually paid at the closing of a real estate transaction. If an associate broker falls behind on child support payments with no plan to make up the delinquent payments, the commission will most likely be garnished by a court order.

Learn more about associate broker here: https://brainly.com/question/30726811

#SPJ11

d) Insurer D increased renewal premiums for all its insureds who are age 71 and over.

This increase in premiums is considered a legitimate increase for existing insureds because the insurer is basing the increase on the insured's age. Age is a factor that is taken into account when determining the premiums for LTC policies.

This increase is not based on any particular individual's claims experience or cognitive abilities; rather, it is a blanket increase based on the age of the insured. This increase is also likely within the insurer's authority to make, as it is not discriminatory and is based on a legitimate factor.

Know more about Insurer here:-

https://brainly.com/question/27822778#

#SPJ11

The increase in property values in the community can be accounted for by the presence of positive externalities. Hence correct option is A.

Externalities are costs or benefits that are not accounted for in the price of a product or service. In other words, they are not reflected in the market price. Externalities can be positive or negative. The benefits that a third party receives as a result of a transaction are referred to as positive externalities.

Positive externalities are advantageous for the entire community, not just for the people who directly benefit from them. This is because positive externalities spill over to the rest of the community, resulting in a general increase in well-being.

The neighborhood association has improved the community by constructing parks and bike paths, landscaping the entrance, and hosting 4th of July events that feature entertainers. All of these factors have had a positive impact on the neighborhood and contributed to the increased property values.

Hence option A. positive externalities is correct.

Learn more about Positive externalities here:

brainly.com/question/477170

#SPJ11

The statement "Licensures make sure that employees have at least a minimally acceptable level of skill proficiency upon completion of a training unit." is true because it ensures that professionals have demonstrated a minimum level of competence in their field of study.

Licensure programs safeguard the public's health and well-being by ensuring that people who hold professional licenses have been trained and examined according to predetermined requirements.

Licensure refers to the process of granting licenses to individuals who have demonstrated a minimum standard of competency in a particular profession. Licensure is intended to guarantee the public that the practitioner is qualified to provide safe and effective services. Individuals who have obtained a license have met a minimum set of criteria established by the governing body. They have demonstrated competency through training and testing and have completed the education and experience required by the board or agency. Once licensed, practitioners must abide by the regulatory board's laws and ethics, as well as the profession's standards and rules.

Learn more about Licensure here: https://brainly.com/question/30003440

#SPJ11

Answer: product user

The positioning base for a product or service focuses on a personality or type of consumer called the product user.

What is a product user? A product user is a method of positioning a product based on the type of person who would use it. For example, when targeting a certain demographic, a business might create an advertising campaign that appeals to that demographic's characteristics in order to draw them in.

Let's look at some examples:

To learn more about “product user” refer to the https://brainly.com/question/25922327

#SPJ11

When producers produce more than the equilibrium quantity, resources are wasted producing goods at a higher cost than consumers are willing to pay. Hence option D. is correct.

In economics, the equilibrium quantity is the quantity demanded and supplied at equilibrium price, where there is no shortage or surplus.

Equilibrium is reached when the quantity demanded by consumers is equal to the quantity supplied by producers.

Therefore, when producers produce more than the equilibrium quantity, there is surplus supply. This means that resources are wasted producing goods at a higher cost than consumers are willing to pay.

In the long run, producers may have to reduce the price to attract more buyers or reduce the supply to avoid a surplus.

Hence option D. is correct.

Learn more about equilibrium quantity here:

brainly.com/question/22569960

#SPJ11

False. A useful strategy for determining who to target with your products or services is market segmentation. It entails segmenting a large target market into smaller groups of clients with comparable traits or requirements.

Market segmentation is a technique for breaking a sizable target market into more manageable groups of consumers that have similar traits or requirements. Using this strategy, organisations may target particular client segments with their products, services, and marketing initiatives. Companies may establish tailored marketing efforts, make specialised product offers, and ultimately increase customer satisfaction and loyalty by knowing the particular needs of each group. Businesses may save time, money, and resources by concentrating on the correct market segments and avoiding marketing to people who aren't interested in their products. Hence, market segmentation is an essential tactic that enables companies to increase efficiency and profitability while better understanding and serving their consumers.

learn more about market segmentation here:

https://brainly.com/question/30916026

#SPJ4

The correct statement is E) The future value of this amount is equal to $6,000 ₓ (1 + 0.08)⁴⁸.

This formula is used to calculate the future value of a single investment that earns compound interest over a given period. In this case, the $6,000 deposit will earn interest at a rate of 8 percent per year, compounded annually, for a period of 48 years. The formula for calculating the future value takes into account the initial investment, the interest rate, and the time period.

By applying this formula, we can determine that the future value of this investment after 48 years will be $6,000 * (1 + 0.08)⁴⁸ = $109,352.94. This means that the initial $6,000 deposit will grow to over $109,000 over the 48-year period, thanks to the power of compound interest.

To know more about  compound interest, visit :

https://brainly.com/question/14295570

#SPJ1

b. Assuming the income allocated to Sofia is not from a specified service trade or business, Sofia’s deduction for qualified business income would be $300,000. This is calculated by multiplying her 50% ownership of Beehive LLC ($600,000) by the total wages paid by Beehive LLC ($130,000) and her share in the unadjusted basis of qualified property used by Beehive LLC ($300,000), resulting in a total of $430,000. The deduction is then limited to 20% of her taxable income which would be $150,000, resulting in a deduction of $300,000.

c. Sofia’s net investment income tax liability would be $0. This is because her adjusted gross income (AGI) of $150,000 does not exceed the threshold of $250,000 for single filers, and she does not have any net investment income.

d. Sofia’s additional Medicare tax liability would also be $0. This is because her wages are below the threshold of $200,000 for single filers, and she does not have any other income sources. Therefore, she would not have to pay the additional Medicare tax.

Know more about Income here :-

https://brainly.com/question/14732695#

#SPJ11

A(n) timing difference in cash occurs when a company records a transaction either before or after the bank records the same transaction. Timing differences arise because it takes time for a transaction to be initiated, recorded, processed, and cleared through the banking system.

When a company records a transaction in its books of account, it might not always coincide with the date the bank records the transaction in its books. This time lag creates a timing difference, which is resolved when the bank statement is received by the company. It might be favorable or unfavorable.

An example of a favorable timing difference is when a company deposits a check into its bank account at the end of the month, but the bank does not process it until the first day of the next month. In this scenario, the company's cash balance on its books is higher than what is recorded in the bank's books. This difference is favorable to the company and is called a deposit in transit. It will be resolved when the bank statement is received, and the company records the deposit.

An example of an unfavorable timing difference is when a company writes a check on the last day of the month, but the bank does not process it until the first day of the next month. In this case, the company's cash balance on its books is lower than what is recorded in the bank's books. This difference is unfavorable to the company and is called an outstanding check. It will be resolved when the bank statement is received, and the company records the check.

Therefore, timing differences occur when a transaction is recorded either before or after the bank records the same transaction. This difference is resolved when the bank statement is received by the company, and the company records the transaction as per the bank records.

for more questions on transaction

https://brainly.com/question/2212666

#SPJ11

The Weighted Average Method is used to calculate the equivalent units of production for both direct materials and conversion costs.

This method takes into account the amount of work completed on partially completed units in the beginning inventory as well as the work done on units that have been completed and transferred out.

For Swasey Fabrication, Inc., the physical flow schedule is as follows:
Units to Account For:
- Units, beginning work in process: 41,500
- Units started (transferred in): 121,600
- Total units to account for 163,100

Units Accounted For:
- Units completed and transferred out: 121,600
- Units, ending work in process: 13,400
- Total units accounted for: 135,000

The equivalent units of production for both direct materials and conversion costs are calculated using the Weighted Average Method, as follows:
Direct Materials:
(41,500 x 0.2) + 121,600 = 141,400
Conversion Costs:
(41,500 x 0.8) + 121,600 = 135,000

The unit cost under weighted average is then computed as follows:
Unit direct materials cost = $2,440,000/141,400 = $17.24
Unit conversion costs = $3,474,700/135,000 = $25.76
Total unit cost = $17.24 + $25.76 = $43.00

The cost of goods transferred out is then calculated as follows:
Cost of goods transferred out = 121,600 x $43.00 = $5,216,800
The cost of ending inventory is then calculated as follows:
Ending WIP = 13,400 x $43.00 = $573,200

The journal entry that transfers the goods from Cutting to Welding is as follows:
Work in Process-Welding        $5,216,800
Work in Process-Cutting       $5,216,800

You can read more about Weighted Averages at https://brainly.com/question/24215541

#SPJ11

Answer:

false

Explanation:

Long tail marketing attempts to leverage the fact that there is always some demand, however small, for a product. The answer is option a.

Long tail marketing is a marketing strategy that emphasizes targeting niche markets or audiences with unique interests, needs, or tastes that are otherwise overlooked or underserved by mass-market or mainstream products or services. In this approach, businesses can cater to the individual needs and preferences of a smaller market, which might not be large enough to justify mass marketing or advertising budgets.

Long tail marketing is particularly useful for businesses that sell digital or online products, such as e-books, music, movies, or apps, that can be distributed cost-effectively through digital channels like the internet. In these markets, businesses can reach a global audience without the need for physical stores or sales staff. They can also reduce production, distribution, and inventory costs by selling digital products, which can be easily replicated and stored without physical constraints.

Learn more about marketing strategy here: https://brainly.com/question/8667477

#SPJ11

Using a bid-buying strategy and shopping around solely on the basis of AP price can be a successful strategy if certain conditions are met such as a comprehensive understanding of market, including product or service being purchased, market trends and conditions, supplier reputation, etc.

The AP price is the average price that a company pays for a product or service. AP stands for "average price."This strategy can be successful if the buyer has a comprehensive understanding of the market and the product they want to purchase.

The buyer should also be aware of the market trends and conditions that impact the price. The buyer should be familiar with the market conditions and dynamics, such as supply and demand, availability of alternatives, and other factors that may influence the price.

Know more about market trends here:

https://brainly.com/question/28319950

#SPJ11

Suppose that p x y (q) is $5000 million a year and the quantity of money (m) is $500 million, the velocity of circulation is 10.

The equation of exchange relates the quantity of money, the velocity of circulation, the price level, and the level of real output as follows:

m x v = p x y

where:

m = quantity of money

v = velocity of circulation

p = price level

y = level of real output

We are given that p x y (q) is $5000 million a year and the quantity of money (m) is $500 million. Substituting these values into the equation, we get:

500 million x v = 5000 million

Solving for v, we get:

v = 5000 million / 500 million

v = 10

Therefore, the velocity of circulation is 10. This means that on average, each dollar of money is used to purchase goods and services 10 times per year.

Learn more about velocity of circulation here:

https://brainly.com/question/27996337

#SPJ11

Increasing the production capacity of product Able should be Andrews' priority in the next round to maximize sales volumes, would be the priority for company Andrews in the next round for product Able to maximize sales volumes.

Market share is the percentage of the total sales of a particular product or service by a company in a given market. It is calculated by dividing a company's sales revenue by the total revenue generated by all companies in that particular market.

Discussion of Andrews' priorities In the next round for product Able to maximize sales volumes, Andrews should increase the production capacity.

The reason behind this is that the chart shows that the company's current market share is below its potential, which means that there is a chance to capture more of the market.

Increasing the production capacity will allow Andrews to produce and sell more units of product Able, which will increase its market share.

Since the market share of other companies is relatively stable, increasing Andrews' market share will inevitably result in an increase in sales volume.

Therefore, increasing the production capacity of product Able should be Andrews' priority in the next round to maximize sales volumes.

Learn more about production capacity here:

https://brainly.com/question/29663404

#SPJ11

Rationing was used by governments to ensure that everyone received a fair portion of food. People began engaging in illicit activities including buying and selling on black markets as a result of this action.

A rationing system often results in the formation of black markets because it creates an imbalance between supply and demand. When the government imposes restrictions on the supply of a particular good or service, there is often an increased demand for that item among consumers. This can lead to shortages, which in turn create opportunities for black market sellers to sell the restricted goods at higher prices.

Black markets can thrive because they offer consumers a way to obtain restricted goods that they might not be able to get through legal channels. Black market sellers may be willing to pay higher prices to obtain the restricted goods and then sell them at an even higher price to consumers who are willing to pay a premium for the product.

Learn more about black markets

https://brainly.com/question/29346372

#SPJ4

According to Maslow's hierarchy, Mary is likely to focus on satisfying her C) physiological needs.

In an example, a local church is made up of people who are very different in their lifestyles and their stages of life. Mary is a 23-year-old single parent who earns the minimum wage. Jonathan is 60 years old, extremely wealthy, and works because he enjoys it.

Jane is a 45-year-old lawyer who earns well and is well-respected in her profession. She is extremely career-oriented and is proud of her achievements.

According to Maslow's hierarchy, Mary is likely to focus on satisfying her physiological needs. Maslow's hierarchy of needs is a motivational theory that contends that fundamental human needs must be met in order to foster personality development and emotional well-being, and that these fundamental needs are arranged in a hierarchy of decreasing importance.

In Maslow's theory of hierarchy, physiological needs are at the bottom. This level contains the basic needs that are critical for our survival, including air, water, food, sleep, shelter, and other physical needs. This indicates that Mary must concentrate on providing herself and her child with basic needs to survive as well as food, shelter, and clothes..

Learn more about maslow hierarchy at

https://brainly.com/question/27964108

#SPJ11

The sale of merchandise for cash is not an investing activity. An investing activity is defined as the act of utilizing funds to acquire assets with the purpose of earning a profit on them over time. The process of investing can take many forms, from buying stocks and bonds to purchasing real estate or starting a small business.

Some types of investing activities are as follows:

However, the sale of merchandise for cash is not an investing activity. It is an operating activity. Operating activities are the main revenue-generating activities of a company's core business operations. The company generates cash by selling its goods and services, and this cash is used to pay expenses such as salaries, rent, and utilities.

Know more about investing activity here:

https://brainly.com/question/27418185

#SPJ11

The total of $15,600 that Emil received this year is not considered taxable income because it is considered a return of his original investment in the annuity.

Taxable income is a measure of income that is subject to taxation. It is the total amount of income earned by a taxpayer that is subject to taxation according to the laws of the jurisdiction in which the taxpayer resides. Taxable income includes all types of income, such as wages, salaries, dividends, interest, capital gains, and business income. It also includes income from government benefits, such as Social Security. Taxpayers are required to report their taxable income on their income tax returns. Taxable income is used to calculate the amount of taxes a taxpayer is obligated to pay.

Annuities are generally tax-deferred, meaning that any money he receives from the annuity will be taxed as ordinary income when it is withdrawn. Therefore, none of the $15,600 is taxable income.

To learn more about taxable income

https://brainly.com/question/1160723

#SPJ1

During which part of the revenue recognition process does a change in control of the assets occur?The change in control of the assets occurs at the end of the revenue recognition process, and the revenue is recognized.

Revenue is recognized in the period when the work is done, and the money is exchanged for the services rendered. It is the fourth and final phase of the revenue recognition process. It is in this step where the recognition of the revenue is accomplished. This is achieved when the seller has passed control over the goods and services to the buyer. In order to recognize revenue, the following criteria must be met: the price of the goods or services has been agreed upon or is ascertainable, the seller's ability to provide the product or service has been demonstrated, and the seller has received payment or payment is expected to be received in the future. Hence, the correct option is option C, at the end.

Read more about revenue  here:https://brainly.com/question/16232387

#SPJ11