The process or work of keeping financial account is known as accounting.
When purchasing disposable surgical gowns, Mercy Hospital's vice president of purchasing analyzes whether the hospital should buy disposable gowns or reusable gowns. If the findings favor disposable gowns, then the operating-room administrator compares various competitors' products and prices and makes a choice. Surgeons influence the decision retroactively by reporting their satisfaction with the particular brand. In this situation, the surgeons perform the role of the ________.
Answer: user
Explanation:
Following the information given in the question, the surgeons perform the role of the users.
The users are the people who uses the product. They also initiate the process regarding the purchase of the product as well as generate the specifications of the purchase.
Based on the above explanation, the correct answer is $user".
You pull credit on a husband and wife. It turns out their debt-to-income ratio is too high. You notice the majority of the debts belong to the husband. You also note that the wife has enough income to qualify on her own. You remove the husband from the loan, with permission from the borrower, submit the file, and receive approval. This action is:
Answer:
This action is legal and ethical (except for communal property sales)
Explanation:
Scenarios do occur where one borrower brings down the entire loan filed. if the other borrower can take on the loan burden, then there is a way.
Absolutely nothing wrong with finding a way to qualify your borrowers request for a loan as long as they are ok with it. Most of the money in the joint assets account belongs to the non-borrower. The lender requires two months of bank statements as therefore, documentation is needed by the lender that requires you to disclose and document deposits for the borrower and non-borrower.
This method cannot work in a communal property state
Barriers of successful monitoring of a company
Answer:
Bringing in stakeholders to participate in the early conversations around the monitoring system is critical to long-term success
A flour manufacturer is more likely to use process costing than job-order costing whereas a manufacturer of customized leather jackets is more likely to use job-order costing than process costing. Group startsTrue or False
Answer:
It is TRUE that a flour manufacturer is more likely to use process costing than job-order costing whereas a manufacturer of customized leather jackets is more likely to use job-order costing than a process costing.
Explanation:
This is because typically, a Job-order costing process is best suited for a production system whereby there are several different products or services and. And these products are tailored to individual consumers or customer specifications.
On the other hand, process costing is a form of cost that is best suited for manufacturing homogenous products and can be produced massively. Hence, flour manufacturer in the uses Process costing while customized leather Jacket producers would opt for Job order costing process
Identify the correct statement. Group of answer choices An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve. An increase in the price level in an economy will increase the real value of dollar-denominated assets. An increase in the price level in an economy will shift the aggregate demand curve rightward. An increase in the price level in an economy will shift the aggregate expenditure line upward. An increase in the price level in an economy will decrease the equilibrium level of output demanded.
Answer:
An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.
Generally, an increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.
Additionally, an economy's aggregate demand curve shifts rightward or leftward by more than changes in initial spending because of the multiplier effect. Also, an increase in stock prices that increases consumer wealth will most likely shift the aggregate demand curve to the right.
Lastly, a change in price level would not shift the aggregate demand curve (AD curve).
On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets of SAP, Inc., in a business combination. The fair value of Pine's common stock on the acquisition date was $36 per share. Pine paid a fee of $160,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $80,000. No goodwill or gain on a bargain purchase was involved. What amount should Pine record for the net assets acquired?
Answer:
C. $3,600,000
Explanation:
Calculation to determine What amount should Pine record for the net assets acquired?
Using this formula
Net assets = shares Issued *Faiir value of common stock on the acquisition date
Let plug in the formula
Net assets= 100,000* $36 per share
Net assets=$3,600,000
Therefore the amount that Pine should record for the net assets acquired is $3,600,000
Oriole Inc. reported total assets of $6392000 and net income of $500000 for the current year. Oriole determined that inventory was understated by $137000 at the beginning of the year and $58900 at the end of the year. Ignoring income taxes, what is the corrected amount for total assets and net income for the year
Answer:
Income = $421900
Assets = $6450900
Explanation:
Given below are the following calculation:
The net impact of assets = 137000 - 58900 = 78100
Deduct this amount from current year income = 500000 - 78100 = $421900
When closing stock is understated by 58900 then total assets value will decrease so add this amount = 639200 + 58900 = 6450900
A consumer will be most likely to buy a product when Select one: a. The perceived value of the product far exceeds its price charged b. The perceived value of the product far exceeds its cost of production c. The value of product is perceived to be equivalent to the price d. The cost to produce the product is equivalent to its price
Answer:
a. The perceived value of the product far exceeds its price charged.
Explanation:
a. The perceived value of the product far exceeds its price charged.
Option "a" is correct because the consumer buys the commodity when the perceived value is more than the price. The perceived value can be determined by subtracting the perceived cost to the customer from the expected price. Therefore, when the consumer perceived value is more than the price then the consumer is most likely to buy the commodity.
A landowner owns and possesses Goodacre, on which there is a lumber yard. The landowner conveyed to an electric company the right to construct and use an overhead electric line across Goodacre to serve other properties. The conveyance was in writing, but the writing made no provision concerning the responsibility for repair or maintenance of the line. The electric company installed the poles and erected the electric line in a proper and workmanlike manner. Neither the landowner nor the electric company took any steps toward the maintenance or repair of the line after it was built. Neither party complained to the other about any failure to repair. Because of the failure to repair or properly maintain the line, it fell to the ground during a storm. In doing so, it caused a fire in the lumber yard and did considerable damage. The landowner sued the electric company to recover for damages to the lumber yard. The decision should be for
Answer:
the landowner
Explanation:
The electric company should compensate the land owner because he gave them his land for free. Eventhough it was not stated that either party should cater for the poles, the electric company had to take the responsibility.
name An institution that uses opi to measure headline inflation
Sally wanted to replace the old carpet in her home. She entered into a contract with Good Carpet Co. (GCC) for the purchase and installation of a new carpet. The price of the carpet was $3,000 and the cost of the labor to install the carpet was $150. Later Sally became dissatisfied with this transaction and wants to sue GCC. Sally wants to apply the contract rules of the UCC, but GCC wants to apply the contract rules of the common law. Which source of law should govern this case
Answer:
The correct option is B. The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.
Explanation:
Note: This question is not complete as the options are omitted. The options are therefore provided to complete the question before answering it as follows:
A. The contract rules of the UCC apply, because the contract included the sale of goods.
B. The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.
C. The contract rules of the common law apply, because the contract included services, which are governed by the common law.
D. The contract rules of the common law apply, because all contracts are governed by the common law.
The explanation of the answers is now provided as follows:
The contract between Sally and GCC majorly has to do with sales of carpet. Therefore, the contract does not involve service supply, which is installation in this case, as a major component.
Another thing is that the intention of Sally was to sue GCC for the services they provided rather than the product, i.e. carpet, they sell.
Therefore, the correct option is B. The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.
Using direct-labor hours or another volume based cost driver to assign overhead ______. Multiple select question. may result in overcharging customers for products may result in selling products at a loss ignores other significant causes of overhead can badly distort labor and material costs
Answer:
may result in overcharging customers for products may result in selling products at a loss ignores other significant causes of overheadExplanation:
If the volume based measure leads to overheads being higher than they should be, customers may be overcharged because the overestimated overhead would be added to the cost of the product.
On the other hand, the volume based measure might lead to overheads being underestimated. When this happens, the business might make a loss because their costs are higher than their revenue and they did not know.
Using these volume based measures also assumes that only volume could impart overheads when in fact there are other significant causes such as machinery costs.
What is the standard deduction for marry filing joint for tax year 2017?
Answer: $12700
Explanation:
Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.
For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:
Single = $6,350
Married Filing Jointly = $12,700
Married Filing Separately = $6,350
Head of Household = $9,350
Qualifying Widow(er) = $12,700
Niat ny mau bikin dua akun tapi malah kesasar :(
Answer:
I'm lost and I don't understand your language
For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth
Answer:
1. We have:
Return on common stockholders' equity for the current year = 12.85%
Return on common stockholders' equity 1 year ago = 13.17%
2. We have:
Price Earnings Ratio for the current year = 12.72
Price Earnings Ratio 1 year ago = 14.53
2a. Simon has higher market expectations for future growth.
3. We have:
Dividend Yield for the current year = 1.10%
Dividend Yield 1 year ago = 0.59%
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation of the answers is now provided as follows:
1. Compute return on common stockholders' equity for the current year and 1 year ago.
Note: See part 1 of the attached excel file for the computation of the return on common stockholders' equity for the current year and 1 year ago with the formulae.
To calculate Return on Common Stockholders’ Equity in the attached excel file, the following formula is used:
Return on Common Stockholders Equity = Net Income / (Average Common Stock + Retained Earnings)
From the attached excel file, we have:
Return on common stockholders' equity for the current year = 12.85%
Return on common stockholders' equity 1 year ago = 13.17%
2. Compute price-earnings ratio on December 31 for the current year and 1 year ago.
Note: See part 2 of the attached excel file for the computation of the price-earnings ratio on December 31 for the current year and 1 year ago with the formulae.
To calculate price-earnings ratio in the attached excel file, the following formula is used:
Price Earnings Ratio = Market Price / Earnings per share
From the attached excel file, we have:
Price Earnings Ratio for the current year = 12.72
Price Earnings Ratio 1 year ago = 14.53
2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth.
When the PE ratio is higher, it is an indication that investors are willing to pay a greater share price in the future because of expected growth.
Since Simon's PE ratios for the current year of 12.72 is greater than the competitor's 8, it indicates that Simon has higher market expectations for future growth.
3. Compute dividend yield for the current year and 1 year ago.
Note: See part 3 of the attached excel file for the computation of dividend yield for the current year and 1 year ago with the formulae.
To calculate Dividend Yield in the attached excel file, the following formula is used:
Dividend Yield = Dividend per share / Market Price per share
From the attached excel file, we have:
Dividend Yield for the current year = 1.10%
Dividend Yield 1 year ago = 0.59%
Organizational performance is most likely to Group of answer choices increase with an increase in efficiency and effectiveness. increase with a decrease in efficiency and effectiveness. remain unchanged with a decrease in efficiency and effectiveness. decrease with an increase in efficiency and effectiveness. remain unchanged with an increase in efficiency and effectiveness.
Answer:
increase with an increase in efficiency and effectiveness.
Explanation:
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment.
In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;
I. Culture.
II. Processes.
III. Politics.
IV. Environmental.
V. Structure.
Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.
Hence, organizational performance in a company or business firm is most likely to increase with an increase in efficiency and effectiveness, especially in the areas of services to customers.
Hey y'all !! Can some body help me out!!
1.What is the role of engineer in development of nation.
2. Elucidate the importance of an animal doctor.
3.Finance sector is a very sensitive feild. Do you agree? Give reasons.
Thank you!!♡
Answer:
1.) Engineer play very important role in the development of society and nation. Engineer plan and build new bridges, huse building, roads, railways, dams, canals, etc. that helps agricultural, living, transportation and commuting. Appliance and gadgets at home are degined by engineers. They built the infrastructure and the tools necessary for progress.
2. A veterinary (Animal doctor) treat disease, disorders, and injuries in animlas. Most veterinary physician workbin clinical setting, treating animal directly.
3. Yeah, I do agree because finance sector is essential for day to day operation. It is the task of examining and controlling ecnomic transaction on the regular basic fir the financial sucess, based on law
Sparrow Corp purchased 90% of the stock of Warbler Corp 8 yrs ago for $1M. Sparrow liquidates Warbler and acquires assets with a basis to Warbler of $850K (FMV $1.2M). Sparrow will have a basis in the assets of $850K, and no recognized gain or loss. True or False
Answer:
True
Explanation:
Given that
Sparrow corp purchased 90% of the stock for $1 million at 8 years ago also it purchased the assets of $850K of this the fair market value is $1.2M And there is the basis in the asset of $850K
Since the asset was purchased of $850K and there is the basis of the asset i.e. of $850K
So there is no recognized gain or loss
hence, the given statement is true
Ricardo's theory of _____ advantage states that it makes sense for a country to specialize in the production of those goods that it produces most efficiently and then purchase the goods that it produces less efficiently from other countries, even if this means buying goods from other countries that it could produce more efficiently itself.
Answer:
comparative
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Country A should specialise in the production of beans and country B should specialise in the production of rice
In order for a check to be legal tender it must be?
O Authorized
O Certified
Signed
O Processed
Answer:
certified signed
Explanation:
that signature come from police
Answer:
certified signed
Explanation:
The check only have power or in other words legit when only have the certification from the bank or the treasury.
2. Write the functions of an officer?
Explanation:
A successful Administrative Officer will act as the point of contact for all employees, providing administrative support and managing their queries. Main duties include managing office stock, preparing regular reports (e.g. expenses and office budgets) and organizing company records
New Jersey-based Integra LifeSciences elected not to use personality tests to screen job applicants for achieving employee/company fit as the company was in a transition phase. It, however, was open to using personality tests in the future when the company would have gained some stability. In this case, which of the following, if true, would support this tentative decision of using personality tests?
a. Personality tests make applicants provide socially desirable responses.
b. Personality tests can categorize people and make them seem inflexible for adaptation to new changes taking place in an organization
c. Personality tests only work best when they are conducted in real settings or in believable circumstances
d. Personality tests usually result in biased outcomes Chart to Work to remaining)
Answer:
b. Personality tests can categorize people and make them seem inflexible for adaptation to new changes taking place in an organization
Explanation:
A personality test can be defined as a means of assessing and defining peoples personalities. Such tests involves using certain techniques to measure the different traits and patterns that people show at different situations that may arise.
in this question, based on the fact that this organization is in a transitional stage, it is best that they do not use a personality test. A personality test would only put the workers in categories, that is it would only settle them for just a particular role. putting them in categories is just like telling them that they can only fit into one role in the organization. so there would be no flexibility.
During weekly conference calls, Zeke, a sales manager for a national chain of clothing stores, and the other managers in his district explain to their district manager the reasons for different decisions; they also explain why certain costs and sales were higher or lower than they were the previous week. ________ is the explanation of their decisions and work results. Group of answer choices Accountability Touching A stepped decision A hierarchy of authority Power
Answer:
Accountability
Explanation:
From the question we are informed about instance, whereby During weekly conference calls, Zeke, a sales manager for a national chain of clothing stores, and the other managers in his district explain to their district manager the reasons for different decisions; they also explain why certain costs and sales were higher or lower than they were the previous week. In this case, Accountability is the explanation of their decisions and work results.
Accountability in domain of business can be regarded as a critical concept that enhances ethics of workers or managers. To be accountable can be regarded as standing by decisions as well as actions that is been made by a worker it manager as well as overall well-being of projects.
Franchising involves ______. Multiple choice question. professionally managed and centrally coordinated channels designed to achieve economies and maximize impact one firm's marketing channel being used to sell another firm's products a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name a channel member bypassing another member to sell or buy product directly
Answer:
a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company and another, that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as McDonald do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
Hence, franchise is a license that allows individuals or group of people knowledge, processes, trademarks to provide a service.
In conclusion, franchising involves a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name
Agent Smith showed a buyer a listing. The laws in the state require the agent to do an agency disclosure before showing a listing and showing a house to a prospective purchaser creates an agency relationship. If Agent Smith did not use an agency disclosure, and there is no written buyer agency agreement, but Agent Smith showed the listing anyway, what term would best describe the agency relationship
Answer:
Implied agency
Explanation:
Agency
This is simply known as a form of
relationship between two parties in that the principal hires another person to represent him or her.
An agency relationship can be created with 2 types of agreements between the parties. They are
1. Express agency
2. Implied agency
Express agency
This is simply known as a formal contractural agreement. It can be in an oral or written format.
Implied agency
This is often regarded as an implied agreement. It is an agency which is created through the actions of the parties, instead of an express agreement. It is also called Ostensible agency.
Listing Agreement
This is simply defined as written employment contract which gives right to the broker to find a buyer or a tenant for the owner's property.
A credit sale of $2,500 to a customer would result in:A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger. A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger. A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger. A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger.
Answer:A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger.
Explanation:
In Recording a Credit Sale in the general Ledger, the following should be made
Account Debit Credit
Accounts receivable $2,500
Sales revenue $2,500
In Recording a Credit Sale in the accounts receivable ledger, the following should be made
Account Debit Credit
Cash(Customer's account) $2,500
Accounts receivable $2,500
Therefore, A credit sale of $2,500 to a customer would result in A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger
what are the main duties and responsibilities of a Hotel manager
Answer:
Here are some:
recruiting, training and supervising staff.
managing budgets.
maintaining statistical and financial records.
planning maintenance work, events and room bookings.
handling customer complaints and queries.
promoting and marketing the business.
Hope it helps you pls mark me brain list.
Answer:
The main duties and responsibilities of the hotel manager are as below:
Explanation:
1) Recruiting, training, and supervising staff.
2) Managing budgets.
3) Maintaining statistical and financial records.
4) Planning maintenance work, events, and room bookings.
5)Handling customer complaints and queries.
6) Promoting and marketing the business.
On December 31, it was estimated that goodwill of $3,867,800 was impaired. In addition, a patent with an estimated useful economic life of 13 years was acquired for $468,000 on April 1. A. Journalize the adjusting entry on December 31 for the impaired goodwill. Refer to the Chart of Accounts for exact wording of account titles. B. Journalize the adjusting entry on December 31 for the amortization of the patent rights. Refer to the Chart of Accounts for exact wording of account titles.
Answer:
A. Dr Loss from Impaired Goodwill $3,867,800
Cr Goodwill $3,867,800
B. Dr Amortization Expense—Patents $27, 000
Cr Patents $27,000
Explanation:
a. Preparation of the adjusting entry on December 31 for the impaired goodwill
Dec. 31
Dr Loss from Impaired Goodwill $3,867,800
Cr Goodwill $3,867,800
(To reocord Impaired goodwill)
b.Preparation of the adjusting entry on December 31 for the amortization of the patent rights.
Dec. 31
Dr Amortization Expense—Patents $27, 000
Cr Patents $27,000
[($468,000 ÷ 13) × 9/12]
(To record Amortized patent rights)
Shine Enterprises Inc. is a large financial conglomerate that operates in more than 50 countries and employs over 80,000 people across the world. It operates through multiple regional product divisions, which tend to function as autonomous profit-and-loss centers. This allows the company to reap significant economies of scale. Though each division acts as an autonomous firm with its individual regional leaders, frequent sharing of knowledge between the divisions allows for global learning. These factors help the company reconcile product and service differentiations at low cost. Which of the following strategies does Shine Enterprises Inc. most likely use?A) A focused-differentiation strategyB) An international strategyC) A multidomestic strategyD) A transnational strategy
Answer: D. Transnational strategy
Explanation:
With a transnational strategy, a company will operate in different countries in order to have access to a larger market from which they can get more profit.
Companies using this can have a centralized structure or a decentralized one where the divisions in various countries are very independent. This is what is being done in this scenario and the advantage of this is that it enables the divisions in the country to be more efficient at facing country specific challenges because a domestic company would understand things better.
Despite its popularity, the Internet has not affected the way in which individuals search for jobs. b. Today's job market remains stable and remarkably similar to the job market ten years ago. c. Personal networking and referrals continue to be the primary route to hiring. d. Job candidates should avoid using job boards, search engines, and social networks to hunt for jobs
Answer:
c. Personal networking and referrals continue to be the primary route to hiring
Explanation:
In making a hiring decision the employer above all needs to be assured of the reliability and ability of a candidate and the best way to achieve this is by personal networking and referrals.
This gives the employer the chance to get quality staff based on recommendation of trusted persons.
Other ways of staff sourcing such as job boards, search engines, and social networks are not as effective as personal networking and referrals.
