Answer:
A will has legal impact after you have passes away and has to be filed with the court.
A living will is similar to a regular will be takes effect while you are still alive to figure out where your assets should be placed.
A trust is an agreement that allows a third party to hold the assets on behalf of a beneficiary.
A prenuptial agreement is an agreement made before a marriage that explains what should happen to their assets in the event their marriage does not last. This is common in famous people due to the amount of money they have.
Explanation:
Steele Corporation has the following information for January, February, and March:
January February March
Units produced 10,000 10,000 10,000
Units Sold 7,000 8,500 10,500
Production costs per unit (based on 10,000 units) are as follows:
Direct materials per unit
$12
Direct labor per unit 8
Variable overhead per unit 6
Fixed overhead per unit 4
Variable selling cost per unit 10
Fixed selling & administrative costs per unit 4
There were no beginning inventories for January, and all units were sold for $50. Costs are stable over the three months. Absorption costing income for March was _____________ than variable costing income.
Answer:
d. $2,000 less
Explanation:
The computation is shown below:
Particulars January February March
Units beg.
inventory 0 3,000 4,500
Units produced 10,000 10,000 10,000
Units sold -7,000 -8,500 -10,500
Units ending
inventory 3,000 4,500 4,000
Now
= $4 × (4,500 - 4,000)
= $2,000
So, here the income arise from absorption costing should be lower than the variable costing as the inventory is reduced
In the first year of business, Friendly Company paid $32,000 for direct materials and $42,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $25,000 while general, selling, and administrative expenses totaled $10,000. The company produced 4,000 units and sold 3,000 units at a selling price of $35.00 a unit. What is Friendly's cost of goods sold for the year?
A. $55,500
B.$81,750
C.$109,000
D.$74,250
Answer:
b
Explanation:
ECONOMICS!
A person wants to buy a violin that costs $400. When he goes to buy it, the
clerk tells him that he will need to pay $440.
Which type of tax explains the extra cost?
A. Corporate tax
B. Property tax
C. Sales tax
D. Income tax
Answer:
The correct answer is C. Sales tax.
Explanation:
Sales tax is a tax on turnover of goods and services. It is usually calculated as a percentage of the value of the goods and services. Sales tax can be imposed at different stages of turnover or it can be cumulative and imposed at all stages of turnover.
In the United States, there is no federal sales tax, but it is set at the state level and therefore varies from state to state. Sales tax typically varies from 1-10% and it differs from product group to product group. The sales tax is paid only once by the consumer. In some cases, the local government may impose additional sales tax, so that locally in some places on certain product groups up to 7-15% sales tax is paid.
What's your guys' favorite thing about Chrollo?
Answer:
I really like how he
Explanation:
yea
Ptarmigan Company produces two products. Product A has a contribution margin of $289.20 and requires 12 machine hours. Product B has a contribution margin of $221.40 and requires 9 machine hours. Determine the most profitable product assuming the machine hours are the constraint. If required, round your answers to two decimal places. Contribution margin per machine hour: Product A $fill in the blank 1 Product B $fill in the blank 2 Product is the most profitable.
Answer:
Product B
Explanation:
Calculation to determine the Product that is most profitable.
Product A Product B
Contribution margin per unit $289.20 $221.40
÷ Machine hours 12 machine hours 9machine hours
Contribution margin per bottleneck hour 24.1 24.6
(Product A= 289.20/12=24.1)
(Product B =$221.40/9=24.6)
Therefore based on the above calculation PRODUCT B is the most profitable
Adam Smith believed that _____________ would lead to the production of items that consumers want.
a
self interest
b
government control of resources
c
lack of competition
d
productivity
Answer:
a. self interest
Explanation:
Adam Smith was a Scottish political economist, social and moral philosopher, author and he is famously considered to be the father of modern economics. Smith was born on the 5th of June, 1723 in Kirkcaldy, United Kingdom and he died on the 17th of July, 1790 in Panmure House, Edinburgh, United Kingdom.
In his first book titled, "The Theory of Moral Sentiments" which was published in 1776, he proposed the idea of an invisible hand, based on the tendency of free market economy to regulate or self-adjust themselves through demand and supply, competition, and self interest.
Hence, Adam Smith believed that self interest would lead to the production of items that consumers want.
Sunland Company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:
Old Equipment New Equipment
Purchase price $312000 $512000
Accumulated depreciation 124800 - 0 -
Annual operating costs 411000 354000
If the old equipment is replaced now, it can be sold for $85000. Both the old equipment’s remaining useful life and the new equipment’s useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets.
The net advantage (disadvantage) (net effect on current year net income) of replacing the old equipment with the new equipment is (don’t consider annual operating costs in the computation)
A. $(99000)
B. $124800`
C. $85000
D. $(17400)
Answer:
D. $17,400
Explanation:
The following standards for variable manufacturing overhead have been established for a company that makes only one product:Standard hours per unit of output3.5 hoursStandard variable overhead rate$15.20 per hourThe following data pertain to operations for the last month:Actual hours3,800hoursActual total variable manufacturing overhead cost$59,090Actual output800unitsWhat is the variable overhead efficiency variance for the month
Answer:
Variable overhead efficiency variance= $15,200 unfavorable
Explanation:
Giving the following information:
Standard hours per unit of output 3.5 hours
Standard variable overhead rate $15.20 per hour
Actual hours 3,800hours
Actual total variable manufacturing overhead cost $59,090
Actual output 800units
To calculate the variable overhead efficiency variance, we need to use the following formula:
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Variable overhead efficiency variance= (3.5*800 - 3,800)*15.2
Variable overhead efficiency variance= $15,200 unfavorable
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answers.
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
High school athletes stop shopping there. The inventory of sports socks goes unsold. Publicity for the store declines. Profits decline because dress shoes cost less than sneakersSolution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
Answer:
A - high school athletes stop shopping there.
B - The inventory of sports socks goes unsold.
Explanation:
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_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.
Answer:
Analyzers
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;
1. Knowing your core competencies.
2. Assessment of the organization's internal strengths and weaknesses.
3. Examination of the organization's external environment.
4. Analyze your competitors.
Analyzers are companies that uses an adaptive strategy that would help them to minimize (mitigate) risk while maximizing their profits by following or imitating the proven successes of prospective companies that are focused on fast growth and development; through a thorough search for new opportunities in the market, encouraging risk taking and being a pace setter such as being the first to introduce innovative new products to market.
Additionally, the opposite of the analyzers are reactors who do not adopt a consistent adaptive strategy but only react to changes in their external environment such as markets, customers, rivals, etc., after they have occured.
Nick works with a large team at a social media company. He has proposed and finished several projects which the company implemented. He has a great sense of pride in doing his job. The company has three products currently, and the sales division and marketing division are responsible for increasing product adoption. Nick works in the marketing division and often gets marketing campaign ideas from talking with the customer service division and the salespeople. He enjoys the information communication in the company. Nick works for a company with a:
Answer:
functional departmentalization structure
Explanation:
In the case of functional departmentalization, an organization should be organized into the department that depend upon the functions that each one performs for an organization.
Since in the given situation, nicks works with the marketing division also he enjoyed the information that communciated in the company so here he works with the functional departmentalization structure for a company
hence, the same should be relevant
Gabriela is a geologist working for an oil company. She joined the National Guard and was called to active duty to serve in Afghanistan for a year shortly afterward. The oil company said the job would be there for her upon her return. She served with distinction and upon returning home she contacted her old company. They informed her that the position had been filled and there was no open position for her. If the company does not uphold the USERRA law, Gabriela can call on what organization to fight for her employment rights
Answer: EEOC: Equal Employment Opportunity Commission
Explanation:
Based on the information given, Gabriela can call on the Equal Employment Opportunity Commission to fight for her employment rights
The U.S. Equal Employment Opportunity Commission is in charge of enforcing the federal laws which make it illegal to discriminate a person against an employee or job seeker because of the religion, race, color, sex of the person.
Antitrust laws have economic benefits that outweigh the costs if they a. prevent mergers that would decrease competition and lower the costs of production. b. prevent mergers that would decrease competition and raise the costs of production. c. allow mergers that would decrease competition and raise the costs of production. d. None of the above is correct because antitrust laws never have economic benefits that outweigh the costs.
Answer:
b. prevent mergers that would decrease competition and raise the costs of production
Explanation:
Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.
This is done by increasing competition among the firms and reducing cost of production.
Cost reduction help new firms to enter the market easily.
So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.
what are the importance of doctor
Answer:
to help people
Explanation:
Answer:
Doctors are responsible for increased life expectancy and improved well-being in society. People who survive diseases such as cancer usually owe their survival to doctors, whose skills and dedication are vital for their cure.
Explanation:
Please Mark me brainliest
A written report that contains just a few pages that sum up the marketing plan's main points is called a
Answer:
Executive summary
Explanation:
An executive summary can be defined as a written account that gives a summary of the marketing plan. The large document or a research paper for marketing plans, business reports, etc are provided in concised form in an executive summary.
Because an executive summary provides an overview to the large documents, it is the first place that decision makers go to ascertain the actions.
Therefore, an executive summary is the correct answer.
Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately
Answer:
The answer is "$8.33billion".
Explanation:
Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.
1/3 of the $25billion = $8.33 billion.
In several African countries where the rhinoceros was once a thriving species, the animal is now nearly extinct. In most of these nations, rhinoceros horns are used as traditional ingredients in certain medicines. Rhinoceros farming has been proposed as an alternative to the imposition of stiff penalties on people who are caught engaging in rhinoceros hunting. The imposition of stiff penaltiesA. reduces the supply of rhino horns.B. makes poaching more lucrative.C. increases the price of rhino horns.D. All of the above are correct.E. B & C only are correct.
Answer:
D. All of the above are correct
Explanation:
In many places, rhinoceros are illegal hunted down and their horns are illegal black market at a very high price. It is believed that the rhino horns have some medicinal value.
In the context, in several South African countries, the government have imposed heavy penalties on people who are caught in hunting of the rhinoceros. Thus this imposing of the penalties will increase the cost of the rhino horn in the black market, it will also makes the poaching business more lucrative as the demand on the horns and the cost of the hunters will be more. Penalties will also effect the supply of the rhino horns as many people will now stop poaching the rhinos. Thus the supply will decrease.
Therefore the correct option is (D).
With the recent surge in the showing of commercials to movie theater audiences, many companies have found it to be an innovative medium to reach large numbers of consumers. For instance, several beverage products, including sports drinks, soft drinks, and bottled water, advertise heavily in theaters, where they know a very broad and diffuse cross-section of consumers can be reached. Advertising in this medium relies on _________.
Answer:
Self selection.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
In this scenario, advertising relies on self selection.
I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!
Answer:
well i think
- flawless copies
- perfect printing
-rapid copies
- papers brought to life
- plastics and prints
-printsey
hope this helps! <3
To debit Shareholder's Capital means which of the following? A. Decrease company revenues B. Increase its position C. Stabilize revenues D. Decrease its position
Answer: D. Decrease its position
Explanation:
Shareholder capital works much like a liability account in that it increases when credited and decreases when debited.
When a company debits shareholder capital, they are decreasing the number of shares that the company has outstanding. This is known as decreasing shareholder position.
They can do this through share repurchases where the company buys back shares from its shareholders or they can cancel shares.
The infant-industry argument a. has the support of most economists. b. is based on the belief that protecting industries when they are young will pay off later. c. is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children. d. is an argument that is advanced by advocates of free trade.
Answer:
b. is based on the belief that protecting industries when they are young will pay off later.
Explanation:
The infant-industry argument is an international trade theory meant to protect industries in their early stages of development from competition from foreign firms. it is not advanced by advocates of free trade.
the theory postulates that infant indtureist be protected from competiton by various tariffs and laws that would discourage import
A public company has declared a property dividend of one share of its investment in M corporation for every 10 shares of its common stock outstanding. The M shares were originally purchased by the company for $50 per share; on the date the dividend was declared, the market value was $75 per share. As a result of this declaration, the company should recognize A. An appropriate gain or loss based on the market value on the date of distribution. B. A gain of $25 per share to be distributed. C. A loss of $25 per share to be distributed. D. No gain or loss.
Answer:
B. A gain of $25 per share to be distributed
Explanation:
The computation of the per share recognized by the company is shown below:
Since the market value per share is $75
And, the purchase price per share is $50
At the time when the dividend of the property is declared so the property should be calculated at the fair value i.e.
= $75 - $50
= $25 per share
Therefore the option b is correct
The ICH GCP guidelines:
- set standards for the design, conduct, monitoring and reporting of clinical research.
- guarantee that a submission in any ICH region will be approved for marketing.
- require certification of clinical research sites and investigators
- replace FDA regulations for internationally conducted studies of drugs that will be marketed in the U.S.
Answer:
Explanation:The ICH-GCP is a harmonised standard that protects the rights, safety and welfare of human subjects, minimises human exposure to investigational products, improves quality of data, speeds up marketing of new drugs and decreases the cost to sponsors and to the public.
the last
What impact did the hard-lockdown have on the perfect markets?
Answer:
impacts include they might lose buisness because lock downs made markets close down
they might also lose customers- (everyone is staying home, etc)
hope that helps bby<3
Suppose that you really enjoy going to the movie theater, but at your current level of income, it is more affordable to rent a movie at home. Then suppose you receive a promotion and your income rises. With this extra money, you go to the movie theater more often instead of renting movies. This scenario demonstrates that to you, rental movies are a(n) ________ good and movies at the movie theater are a(n) _________ good.
Answer:
inferior, normal
Explanation:
Consumers tend to spend more or less on a commodity when their income level changes. This is as a result of preference that is restricted by income level.
Based on this there are 3 types of goods: inferior, normal, and necessity.
Inferior goods are ones that a consumer will abandon for other goods when income rises.
Normal goods are the ones where demand increases as income rises.
Necessity are goods whose demand remains constant despite income changes.
In the give scenario therefore rental movies are inferior goods while going to the movie theatre is a normal good.
Which situation best illustrates the concept if absolute advantage??
Answer: A German factory that can build more sports cars than foreign factories.
Explanation:
Absolute advantage refers to a scenario whereby a good or service can be produced in higher quantity at same cost by a company when compared to others.
In this situation, the scenario that best illustrates the concept of absolute advantage is a German factory that can build more sports cars than foreign factories.
The multiplier effect states that a manager's influence on the organization ________.
A can have great and continual cost implications
B can result in many types of company diversity
C is felt repeatedly for many days
D also results in large consequences for employees' families
E has implications far beyond the results that can be achieved by one person acting alone
Answer:
E) has implications far beyond the results that can be achieved by one person acting alone
Explanation:
The multiplier effect can be regarded as a the proportional amount of increase/ decrease that exist in final income as a results of some activities such as injection,spending or
withdrawal. It can be explained as
any changes that comes up from consumer spending as a result of any real GDP growth as well as contraction brought about through the utilization of fiscal policy. It shouldbe noted that The multiplier effect states that a manager's influence on the organization has implications far beyond the results that can be achieved by one person acting alone
Answer:
E has implications far beyond the results that can be achieved by one person acting alone
Explanation:
Multiplier effect occurs when a manager is able to replicate his abilities in others who are working under him.
It is his ability to train others to be as effective as himself.
This will result in a team that is more effective and has the potential of doing a lot more than when the manager is acting alone.
Building capacity in those under the manager gives the possibility of the operation moving forward without much further input from them.
Tom, a customer care executive, receives an order of 25 personal computers from a customer who wants the goods to be delivered to him in two days. Tom needs to inform the customer of that there will be a delay in shipping goods in bulk in such a short span of time. In order to maintain trust, Tom should _____. Multiple Choice update the customer only when he or she raises a complaint regarding non-receipt of goods
Answer:
update the customer regularly and keep the customer informed of any further delay.
Explanation:
Since in the given situation it is mentioned that tom received the order of 25 personal computers that should be delivered in two days but at the same time he know there is delay in shipment as there is bulk order so in order to maintain the trust he has the responsibility to update the customer on regularly basis and if there is any further delay so the same should be informed to the customer as the customer has also the right to know for the same.
Therefore the above statement should be the answer
Although there are numerous stages in the new-product process, firms develop a strategy, then start ________ and continue the process through the final step of ________, Multiple choice question. business analysis; screening and evaluation idea generation; commercialization alternatives evaluation; market testing protocol development; failure analysis
Answer:
idea generation; commercialization
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Although there are numerous stages in the new-product process, business firms typically develop a strategy that's in tandem with their set goals and objectives, then start idea generation such as brainstorming on how to produce the product, branding, specifications, etc., and continue the process through the final step of commercialization, which is the stage where the product is introduced into the market for the consumers to buy.
Which of the following is NOT true Group of answer choices An American option can be exercised at any time during its life A put option will always be exercised at maturity if the strike price is greater than the underlying asset price When a CBOE call option on IBM is exercised, IBM issues more stock A call option will always be exercised at maturity if the underlying asset price is greater than the strike price
Answer:
When a CBOE call option on APPLE is exercised, APPLE issues more stock.
Explanation:
A call option can be regarded as a "call", and can be explained as contract which exist between the buyer as well as the the seller of that call option, so they can exchange a security at a set price.
In domain of finance, the style or family of particular option can be regarded as the class that the option falls into, and this can be defined using dates that the option could be exercised. Most options usually fall as European or American options. It should be noted that An American option can be exercised at any time during its life. These should be noted;
✓A put option will always be exercised at maturity if the strike price is greater than the underlying asset price.
.A call option will always be exercised at maturity if the underlying asset price is greater than the strike price
Facts about
