Assuming the company sells its product at a price of $25 per unit, and incurred $10,000 in selling and administrative cost , $68,000 is the amount of net income under absorption costing. Hence the final answer is B. $68,000.
The net income for the company under absorption costing can be calculated using the following equation:
Net Income = (Sales Price x Quantity Sold) - (Variable Manufacturing Cost x Quantity Produced) - (Fixed Manufacturing Overhead Cost) - (Selling & Administrative Cost)
In this case, the equation is:
Net Income = (25 x 6,000) - (12 x 8,000) - (60,000) - (10,000)
Net Income = $68,000
Therefore, the net income under absorption costing is $68,000.
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Persuasive advertising is typically used in the latter part of the maturity stage and throughout the decline stage of the product lifecycle.False
It is false that persuasive advertising is typically used in latter part of the maturity stage and throughout decline stage of product lifecycle.
What is advertising?A good or service is meant to be highlighted via the techniques and procedures employed in advertising. Businesses work to bring consumers' attention to their products and services with the use of advertising. Commercial advertising typically aims to increase consumption of their goods or services through "branding," in which consumers associate a product name or image with certain attributes. Governmental agencies, political parties, interest groups, and religious institutions are a few examples of non-commercial entities that advertise their goods or services more than those of for-profit businesses. Public service announcements are one example of a free persuasion strategy that non-profit organizations may use. Through advertising, a firm can reassure its personnel or shareholders about its viability or success.
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corporate executives are already well aware of the impact supply chain management can have on their businesses.
False. Corporate executives are already well aware of the impact supply chain management can have on their businesses.
What is meant by supply chain management?The handling of a good or service's full manufacturing flow, from the raw materials to the delivery of the finished product to the customer, is known as supply chain management.
At its most basic level, supply chain management (SCM) is the control of the movement of materials, information, and money associated with a good or service from the acquisition of raw materials to the delivery of the good at the final location.
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corporate executives are already well aware of the impact supply chain management can have on their businesses. T oR f
A firm sold property, plant, and equipment for cash proceeds of $6,300. The equipment originally cost $12,240. The company recorded a loss on sale of $3,780. The company uses the indirect method to prepare its statement of cash flows.
Which of the following amounts would be included in cash from operations and cash from investing, respectively?
Select one:
a. None of theses are correct
b. $0 and $6,300
c. $3,780 and $0
d. $3,780 and $6,300
e. $6,300 and $3,780
$6,300 and $3,780 amounts would be included in cash from operations and cash from investing, respectively.So, Option E is the correct answer.
There are basically three different types of activities:
1. Operating activities: These include cash receipts and cash payments as well as other transactions that have an impact on working capital.
2. Investment activities: It keeps track of transactions involving the purchase and sale of fixed assets.
3. Financing activities: It keeps track of any actions that have an impact on shareholder equity and long-term liabilities.
Since the gain on the sale of the fixed asset is subtracted from the net income and the loss on the sale of the fixed asset is added, the operating activities are where the gain on the sale of the fixed asset is represented.
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for international financial reporting, the accounting standard ias 2 permits the use of either the fifo or weighted average cost flow assumption, but prohibits the use of lifo.
The statement is true that for international financial reporting, the accounting standard ias 2 permits the use of either the fifo or weighted average cost flow assumption, but prohibits the use of lifo.
What is weighted average?The COGS and inventory amounts are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost method divides the price of the items up for grabs by the quantity of them. Say, for illustration, that an investor buys 50 shares of the same stock in year two at a price of $40 and 100 shares of a company in year one at a price of $10. The investor multiplies 100 shares by $10 for year one and 50 shares by $40 for year two to obtain a weighted average of the price paid, and then adds the findings to arrive at a total of $3,000.
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19) The assistant to the manager did not report to the assistant manager, only to the manager. This reporting relationship was clearly delineated in the:
A) Company culture.
B) Organizational structure.
C) Stakeholder analysis.
D) Company mission statement.
The assistant to the manager did not report to managers' assistant , only to managers. This reporting relationship was clearly regulated in the organizational structure.
What is organizational structure?The system outlining how specific activities are handled to achieve a strategic mission is called an organizational structure. Rules, roles and duties are all part of these activities. The organizational structure also determines the flow of information between departments.
What are the five organizational structures?Each of these five types of organizational structures has its pros and cons, so it's important to consider which one is right for your business: Functional reporting structure. Division or product reporting structure. Process-based structure. Matrix structure. Flat structure.
Why is organizational structure important?Organizational structure is important as it helps companies to implement efficient decision-making processes. By assigning specialized roles to lower-level employees, organizations can make better decisions faster.
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If the government or its representative agency were to take money out of the economy, which of the following might occur? Prices would decrease on goods and services.
If the government or its representative agency were to take money out of the economy, Prices would increase on the goods that remained for purchase. The correct option is A.
What is the monetary policy?By controlling the money supply, inflation and deflation, interest rates can be adjusted to control the economy, the cost of money, and band reserve requirements.
They cause a lack of supply because businesses will be less motivated to produce goods and services when prices are reduced. Price caps cause market shortages because they lower the cost of goods and services, which raises demand for those things.
Thus, the ideal selection is option A.
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Your Questions seem incomplete most probably your complete Question was:
What would happen if the government or its representative agency were to take money out of the economy?
Multiple Choice
Prices would increase on the goods that remained for purchase.
The unemployment rate in the economy would stabilize.
Prices would decrease on goods and services.
Another Great Depression might develop, and this is why governments do not take this action.
A transaction is ethically legitimate as long as someone wants to buy something and someone else is willing to sell it. When consumers are injured by a product and no one is at fault, the legal doctrine of strict product liability holds manufacturers accountable.
An option is the ideal decision (a). To prove strict liability, a defective product that has already left the producer must be demonstrated.
What does the term "defective item" mean?A product that doesn't function as it should is considered to be faulty. The goal of a patent infringement lawsuit is to make a manufacturer or distributor accountable for any losses brought on by an unsafe or faulty product.
Does broken equate to defective?Broken or faulty goods are deemed defective. A law that is flawed doesn't help the people it's supposed to protect, just like a malfunctioning blender won't make your morning smoothie just way you want it to.
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Jenny promises National Bank that she will repay the loan that National Bank makes to Garrett if Garrett fails to pay it. In this instance, Jenny is the: a. principal debtor.
b. guarantor.
c. guarantee.
d. obligor.
Jenny promises National Bank that she will repay the loan that National Bank makes to Garrett if Garrett fails to pay it. In this instance, Jenny is the guarantor.
The guarantor is someone who provides guarantees for the fulfillment of guaranteed financial obligations. Guarantee institutions are institutions or companies that are in the financial sector. This institution has a function to guarantee or encourage the progress of a business through independence.
There are several forms of guaranteed institutions, including the following:
Guarantee company, is a legal entity that operates in the financial sector through business guarantees.A sharia guarantee company is a legal entity that operates according to sharia principles, operates and carries out business underwriting activities.Re-guarantee company is a legal entity that is in the financial sector to carry out business re-guarantee.Re-sharia guarantee company, is a legal entity that operates according to sharia principles, operates and carries out re-business underwriting activities.You can learn more about guarantor here brainly.com/question/29744928
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A taxpayer is considered to be a material participant if he or she spends more than 500 hours in the activity.
a. True
b. False
A taxpayer is considered to be a material participant if he or she spends more than 500 hours in the activity is True.
The taxpayer reflects to those persons who pays taxes. The taxpayer is also defined as the person or business to pay a tax. The tax is collected by the government to improve and development of the country.
Due to the taxpayers, the government performs their activities very well and regularly develop the country. The income tax money is the biggest sources of money for the any government.
That's why, the taxpayer is considered to be a material participant if he or she spends more than 500 hours in the activity.
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With a floating exchange rate, an increase in the U.S. demand for Japanese exports will cause the supply curve for yen to: become less elastic decrease. Increase remain unchanged.
Investors will be less likely to supply yen for speculative purposes as the yen appreciates, resulting in a decline in the supply of yen. The Yen will ultimately appreciate as a result.
What causes the supply curve to change?
change in the supply curve An complete supply curve may move to the right or left due to changes in manufacturing costs and associated variables. As a result, a bigger or lower amount is provided at a specific price. The premise of ceteris paribus Assuming no other things change, supply curves show how prices and quantity delivered are related.
What kinds of supply curves are there?
Individual supply curves and market supply curves are the two categories of supply curves, respectively. Market supply curves depict the market supply timetable, whereas individual supply curves show the individual supply schedule.
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1. The is the best-known strategic performance measurement system. a. action-profit linkage (APL) b. balanced Scorecard (BSC) c. performance prism d. Cambridge performance measurement process
Balanced scorecard (BSC) is the best-known strategic performance measurement system.
A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance different internal business operations and the results they have on the outside world. Balanced scorecards are widely used by businesses in the US, the UK, Japan, and Europe as a tool for measuring and providing feedback to organisations. Managers and executives must obtain and understand data in order to provide quantitative results. The decision-making of business personnel can be improved with the help of this knowledge. A balanced scorecard is a tool for strategy performance management. It is a well-structured report that managers can use to keep tabs on how the employees under their supervision are carrying out their duties and how these decisions are having an impact on the business.
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If an online retailer has focused almost exclusively on demand harvesting efforts for the last few years, it shoulda. Shift its focus to demand generationb. Continue focusing on demand harvestingc. Shift its focus to loyalty buildingd. None of the above
If an online retailer has focused almost exclusively on demand harvesting efforts for the last few years, it should a shift its focus to loyalty building.
The online retailer or online shopping refers to the type of electronic commerce where customers directly buy products or services from a seller through the Internet (Apps or website) rather than physically store.
The online retailers sell their products online and why online retail business or company is simply a form of electronic commerce that enables consumers to buy products or services or shop directly from their phones, laptops, or other internet-connected devices from anywhere in the world.
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kayla, a salesperson, suggests to her team that a straight-line routing plan would be most appropriate for their accounts. however, sandra disagrees and says the cloverleaf model would work best for their accounts. which of the following, if true, would strengthen kayla's argument?
If the statements made in the arguments that we have here, the truth would be that: Accounts are located in clusters that are some distance from one another.
Who is a salesperson?A salesperson is someone whose primary responsibility is to sell goods or services. A different name for a salesperson is a sales rep (or sales representative). The terms salesperson and sales rep are sometimes substituted for the more traditional terms salesman and saleswoman. Both salespeople and salespersons are acceptable forms of the word's plural.
The salesman is in charge of welcoming customers, assisting them in finding what they're looking for in the business, and ringing up purchases. You need to communicate effectively if you want to succeed as a salesperson. Good salespeople achieve their goals while being courteous and helpful to their clients.
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to minimize extra costs associated with future litigation, many businesses will include in their contracts . question 8 options: forum selection clauses no deal if sued clauses attorney's fees at twice the rate if the other side sues clauses removal jurisdiction clauses no contest clauses
Many companies will add a clause about forum selection in their contracts to reduce extra expenses related to potential litigation.
What does the term "litigation" mean?Making something the focus of a lawsuit will lead to a case, a problem, etc. being resolved in a legal court. The defense or resolution of legal issues between businesses and other organizations falls under the category of corporate litigation. It frequently refers to defending businesses that have been accused of misbehavior.
Why would a business choose to litigation?The main reason you decide to proceed to court may be to create a precedent that you're not a pushover or that you won't be forced into conceding in a baseless issue. The most valuable asset of a corporation may be its intellectual property, which should be safeguarded.
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For most people, banking services consists of depositing their salaries into _____ and then writing drafts (or using debit cards) on those accounts to buy things.
For the majority of consumers, using banking services entails depositing their paychecks in CHECKING ACCOUNTS then utilizing those draughts to make purchases.
What is meant by banking?The business of banking involves safeguarding other people's money. When make loans this money, interest is generated that benefits both the bank or its clients. A financial entity with permission to receive deposits and issue loans is known as a bank. However, they might also offer additional financial services.
What are the two main types of banking?Commercial banks, which are consumer-facing like Bank of America, and central banks, which are government organisations that oversee monetary policy and regulate the sector, are included in the category of banking and finance.
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for most large businesses, the cash basis of accounting will provide accurate financial statements for user needs.
Most humans and small provider groups may use the money basis of accounting. For most giant businesses, however, the cash basis will no longer provide correct economic statements for consumer needs.
Who makes use of cash basis accounting?The cash groundwork of accounting is the exercise of recording revenue when cash has been received, and recording expenses when cash has been paid out. The cash groundwork is commonly used by means of men and women and small businesses (especially those with no inventory), given that it includes the easiest accounting.
"For example, when shopping for workplace supplies, the enterprise commonly will pay cash for them. Under cash basis accounting, the business enterprise then has a enterprise rate and a discount in their money balance.”
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https://brainly.com/question/20397933#SPJ4Rafia owns stocks of 15 different companies. Together, the stocks have a value of $78,640. Twelve percent of that total value is from one company, Gambrell & Valdez. The twelve percent figure is called a(n): Multiple Choice portfolio weight degree of risk. price-earnings ratio. index value. portfolio return.
Rafia owns stocks of 15 different companies. Together, the stocks have a value of $78,640. 12% of that total value is from one company, Gambrell & Valdez. The 12% figure is called portfolio weight. The correct option is a.
What is portfolio weight?Portfolio weight can be understood as the percentage of an investment portfolio that a particular holding or type of holding comprises. The most basic way to determine the weight of an asset is by dividing the dollar value of a security by the total dollar value of the portfolio.
A portfolio is created with weights in mind.
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according to the figure, because of the imposition of a per-unit tax, the price buyers now pay for a disposable camera and the price sellers get to keep equals:
The price buyers now pay for a disposable camera and the price sellers get to keep equals $48 and $28 respectively.
Who are price buyers?
A price buyer is a shopper who makes decisions based solely on price. They are more concerned with price when shopping. They are sensitive to pricing. Fortunately, research indicates that these buyers are not prevalent in society. Buyer pleasure is the primary goal of all market actions, which are carried out with this in mind. It is a crucial component of the market. Buyers are either individuals or organizations who make purchases of products or services. First, it's important to recognize that there are three primary categories of consumers: average spenders, spendthrifts, and tightwads. This job needs a lot of research, as well as the ability to manage an inventory, negotiate contracts with suppliers, assess the quality of products, and stay within a budget.
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: From an initial equilibrium in the basic model that includes only the AD and LRAS curves, aggregate demand shocks caused by changes in the growth of money supply: O are neutral in neither the short run nor the long run. O are neutral in the short run only. O are neutral in both the short run and the long run. O are neutral in the long run only.
From an initial equilibrium in the basic model that includes only the AD and LRAS curves, aggregate demand shocks caused by changes in the growth of money supply are neutral in both the short run and the long run.
What is aggregate demand?
The overall demand for final products and services in an economy at a certain time is known in macroeconomics as aggregate demand, sometimes known as domestic final demand. Effective demand is a common name for it, however other times this term is used to make a distinction. This is a country's demand for its gross domestic output.
However, aggregate demand identifies the complete market for all goods and services that an economy generates and expresses it as an overall dollar value. The sum of consumption, investment, government spending, and net exports is aggregate demand.
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In a large company, the person who is responsible for comparing cash and the bank balance is the A) CEO B) controller C) CFO D) treasurer
A large company's controller is in charge of comparing the bank balance and the amount of cash on hand.
Is a controller superior than a CFO?
financial team organization
In the end, the CFO is in charge of the finances. They oversee the management and HR divisions together with the corporate director, accountants, and financial analysts. The financial manager is a more usual term for the director of finance.
The controller of a firm is what?
The project executive who is responsible for charge of a company's daily financial activities is known as a finance officer. Finance effective intervention the accounting department and are in charge of the business's accounts and records, which is sometimes referred to as the "company historian".
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if firms are losing money in a purely competitive industry, then the long run adjustments in this situation will cause the market price to: group of answer choices decrease, and the representative firm's profits will decrease increase, and the representative firm's profits will decrease increase, and the representative firm's profits will increase decrease, and the representative firm's profits will increase
Based on business strategy, and the available options, it is concluded that if firms are losing money in a purely competitive industry, then the long-run adjustments in this situation will cause the market price to increase, and the representative firm's profits will increase.
What are Competitive MarketsCompetitive Market is a term that is used to describe the market situation in which no single consumer or producer has the power to influence the market.
Generally, the competitive market's response to supply and demand fluctuates with the supply curve, a representation of a product's quantity.
Also, in the long-run equilibrium of a purely competitive market, the profit is zero. So, if firms are making money in the short run, they would not leave the market in the long run, increasing the supply that exists in the market.
Alternatively, if firms are losing money in a purely competitive industry, then the long-run adjustments in this situation will cause the market price to increase, and the representative firm's profits will increase.
This is because when companies start losing money, they leave the market in the long term. Thus, the remaining firms will benefit from increased prices because their profits also increase. This is a result of an increase in demand when there are fewer firms in the market.
Hence, in this case, it is concluded that the correct answer is option C. "increase, and the representative firm's profits will increase."
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the most familiar form of trade credit is , a written contract prepared by the buyer who agrees to pay the seller a certain amount by a certain time.
The most familiar form of trade credit is promissory note, a written contract prepared by the buyer who agrees to pay the seller a certain amount by a certain time.
A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash up front and to make payments to suppliers at a later date.
Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.
Bills payable, open accounts, and promissory notes are all examples of trade credits. An open account is a loose arrangement where the supplier delivers the buyer the products and an invoice.
In a formal arrangement known as a promissory note, the buyer signs the document, acknowledges their understanding of the terms—including the due date—and gives it back to the seller.
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in the coming decade, the number of photographers entering the field is expected to , and the demand for professional photographers is likely to .
In the coming decade, the number of photographers entering the field is expected to grow by 17% , and the demand for professional photographers is likely to grow 9% faster than average.
For a wide variety of artistic, technological, and documentary goals, photographers produce images that are permanently preserved. They are used in many different industries to produce photos of a very high professional caliber that are either neutral and factual or stylized and expressive.
A creative imagination is necessary to become a photographer.technical expertise in photography.the capacity to utilize a variety of cameras and lenses.to remain current with developing technology.being able to meet deadlines.a keen sense of color, form, and detail.a strong ability to communicate.To learn more about technology click here
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demand pulll inflation is also called cost push inflation occurs when prices of resources rise pushingu up costs and the price level
In response, sellers boost their supply. However, when more supply is not available, vendors increase their prices. That results in demand-pull inflation, also known as "price inflation.
What exactly do you mean by demand-pull and cost-push inflation, respectively?Inflation that arises from a rise in general demand is referred to as "demand pull inflation." Cost push inflation is the name given to inflation that develops as a result of a general decrease in supply brought on by external factors.
Demand-pull inflation occurs when demand increases to a point where supply cannot keep up, and price increases are frequently the result. To put it another way, both types of inflation—demand-pull inflation, which is influenced by consumer demand, and cost-push inflation, which is influenced by supply costs—lead to higher prices being passed on to consumers.
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the total or market labor demand curve for a particular labor service is found by ____ the labor demand curves of all individual firms in the industry
summing
The total or market labor demand curve for particular labor service is found by summing labor demand curves of all individual firms in industry.
What is demand curve?A demand curve in economics is a graph that shows relationship between cost of a certain good (the y-axis) and the amount of that good that is desired at that cost (the x-axis). The link between price and quantity for a single consumer or for all consumers in a market can be examined using demand curves. The graph that follows demonstrates how demand curves are typically thought to slope downward. The law of demand, which states that as prices rise for most goods, demand declines, is the reason behind this. In a number of particular instances, this rule is broken. In order to determine the equilibrium price and equilibrium volume of a market with competition, demand and supply curves are often coupled.
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Which of the following is an example of a market failure?
A. The price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and procedures.
B. There are not enough tickets available for everyone to attend concerts of extremely popular performers and artists.
C. A promising new Silicon Valley startup finds that they are operating at an economic loss and they decide to shut down.
D. A farmer uses chemical fertilizer on their fields that then leaches into the community’s groundwater.
Market failure, according to neoclassical economics, occurs when a free market fails to allocate products and services in a Pareto-efficient manner, frequently resulting in a net loss of economic value.
[1] Market failure can be seen as situations when people's pursuit of their own self-interest results in inefficient outcomes that can be rectified from a societal perspective. [2] [3] Although the word was first used by economists in 1958[4], Henry Sidgwick, a Victorian philosopher, is credited with the idea. [5] Public goods,[6] time-inconsistent preferences,[7] information asymmetries,[8] non-competitive markets, principal-agent issues, or externalities are frequently linked to market failure. [9] Self-regulatory organizations, governments, or supranational agencies frequently interfere when there is a market failure.
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True or False: In a marketing context, salespeople with high emotional intelligence are more effective in closing sales with consumers than are salespeople with low emotional intelligence.
emotional intelligence are more effective in closing sales with consumers than are salespeople with low emotional intelligence is true.
What exactly is emotional intelligence?Emotional Intelligence (EI) is the ability to manage your own emotions as well as understand the emotions of others. EI is comprised of five components: self-awareness, self-regulation, motivation, empathy, and social skills.
What are the 4 types of emotional intelligence?The four domains of Emotional Intelligence — self awareness, self management, social awareness, and relationship management — each can help a leader face any crisis with lower levels of stress, less emotional reactivity and fewer unintended consequences
Is emotional intelligence synonymous with empathy?Empathy is a critical component of Emotional Intelligence (EI). Simply put, it means "putting yourself in the shoes of another." As a result, you become more sensitive to the feelings and emotions of others.
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Use Table: Population Data for Roanoke County. If marginally attached workers are included the labor force in Roanoke County is: Table: Population for Roanoke County Demographic Group Number of Residents Employed 125,000 Unemployed and looking for work 3,000 Not working due to disability 1,000 Not working due to retirement 3.000 Unemployed and not looking for work due to 2.000 discouragement over job prospects Under the age of 16 40.000 Total Population 174,000 O 1.128.000 O 2. 130.000 O 3.131.000 O 4.134.000
The labor force is 130000. Optoin B.
Calculation:
Labor Force = Employed + Unemployed but actively looking for a job
Discouraged workers are called marginally attached workers.
So, in the country of Roanoke, when marginally attached workers are added to the labor force, then,
Labor Force including marginally attached worker = 125000 + 3000 + 2000 = 130000.
So, if marginally attached workers are included in the labor force, the labor force is 130000.
The labor force or workforce is a concept that refers to the pool of people who are either employed or unemployed. Usually used to describe a person who works in a single company or industry but can also apply to geographic regions such as cities states or countries. The labor force participation rate is an estimate of the active labor force in the economy.
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FILL IN THE BLANK. if no debt is used in financing a project, there is no financial leverage effect and the return on equity (roe) will be___the overall return on the investment (roi). question 28 options: greater than less than equal to or greater than but cannot be less than equal to
Return on fairness (ROE) is a degree of economic overall performance calculated via way of means of dividing internet profits via way of means of shareholders' fairness.
The required details for return on equity in given paragraph
Return on Equity (ROE) = Net Income / Equity Shareholder's fund
Return on Investment (ROI) = Earning Before interest & tax(EBIT) / Total Investment
Net Income = EBIT - Interest cost
Hence we will say that if there's no debt in a challenge then,
Net Income = EBIT and
Equity Shareholder's fund = Total investment
Therefore in case of no debt in a challenge, ROE = ROI
Hence accurate solution is option (A) Return on fairness (ROE) could be Equal to the general go back on investment (ROI).
ROE is taken into consideration a gauge of a corporation's profitability and the way green it's miles in producing profits. The better the ROE, the extra green a company's management is at producing profits and boom from its fairness financing.
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Enright Industrial Leasing has effective control processes, allowing its managers to discover ________ in bookkeeping right away, before a would-be embezzler could seriously affect its business.
irregularities and errors
Enright Industrial Leasing has effective control process, allowing its managers to discover irregularities and errors in bookkeeping right away, before a would-be embezzler could seriously affect its business.
The control process is the process in which the establishing standards and methods for measuring performance and measuring the performance.
In the control process, the business analysis is to determine whether performance matches the standard and taking the corrective action, in case there are discrepancies between actual performances and targeted goals.
The Enright Industrial Leasing has an effective control processes, allowing its managers to discover irregularities and errors.
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