Answer:
A profit center is a responsibility center having both revenues and expenses.
Explanation:
I tired
Asking the prospect to consider choices concerning delivery, warranty, or financing terms under the assumption that a sale has been finalized is known as a(n)
The term that describes a condition whereby prospects were asked to make consideration about choices that concern warranty as well as financing with the assumption that the sale has been made is assumptive close
An assumptive close can be regarded as one that take place, when you make an assumption about the plan of the customer.So that the customer would make a purchase from you and giving them some encouragement as well as positive and reassuring remarks.Therefore, the correct option is assumptive close.
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in 2013, the u.s. imported $2,294 billion of dollars in merchandise like computers, phones, coffee machines, and so on. in the same year, the us exported $1,593 billion of dollars in merchandise like cars, computers, phones, and so on. the difference of $702 billion dollars is known as ______________.
The balance of trade between the U.S. imports of $2,294 billion and its exports of $1,593 billion is known as the trade deficit. The amount of the trade deficit is $701 billion.
Data and Calculations:
Total imports in 2013 = $2,294 billion
Total exports in 2013 = $1,593 billion
Trade deficit = $701 billion ($2,294 - $1,593)
Thus, the trade deficit arises when the U.S. imports goods of higher dollar value than its exports to other nations in 2013.
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50 POINTS
Danielle is a cosmetologist who specializes in hair color. What skill might benefit Danielle in her career?
A. Danielle enjoys working alone
B. Danielle likes math and solving puzzles
C. Danielle is friendly and outgoing
D. Danielle is competitive and likes sports.
A substantial one of these will keep you from going upside down on your loan, that is, owing more on your car than it is
worth:
A) finance charges
B) insurance
C) down payment
D) interest
Answer: C) Down Payment
Explanation: You should put more money down. You no longer need a 20% down payment to buy a home, but a down payment that’s too small can harm your equity.
Knowledge Matters ;0
advertising expenses occupy approximately what percentage of global economic activity?
The advertising expenses occupies an approximate of one percentage of the global economic activity.
The global economic activity implies that total worldwide economic activities that took place between multiple countries.
The advertising expenses entails various advertisement cost incurred for the promotion of brand, entity, industry, product, service etc all over the globe.The advertising expenses accounts for an approximate of 2% of economic output in U.SHowever, In global scale, the advertising expenses occupies the approximate of 1% of the global economic activity.
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Lindy Appliance begins operations in 2021 and offers a one-year warranty on all products sold. Total appliance sales in 2021 are $1,600,000, and Lindy estimates future warranty costs in 2022 to be 2% of current sales. Actual warranty costs in 2022 are $25,000. Also in 2022, Lindy has additional sales of $2,400,000 and revises its estimate of warranty costs associated with sales in 2022 to be 1.5%.
Required:
1. Record the adjusting entry for estimated warranty costs at the end of 2021.
2. Record the summary entry for actual warranty expenditures in 2022, assuming all costs were paid in cash.
3. Record the adjusting entry for estimated warranty costs at the end of 2022.
4. What is the balance in Warranty Liability at the end of 2021 and 2022?
The Lindy Appliance will meet the requirements by recording the following journal entries:
Journal Entries:
1. December 31, 2021: Debit Warranty Expense $32,000
Credit Warranty Liability $32,000
To record the warranty costs for the year.2. 2022 Debit Summary: Warranty Liability $25,000
Credit Cash $25,000
To record the actual warranty expenditures in 2022.3. December 31, 2022: Debit Warranty Expense $36,000
Credit Warranty Liability $36,000
To record the warranty costs for the year.4. The balance in the Warranty Liability account at the end of 2021 is $32,000, and at the end of 2022, it is $43,000.
Data and Calculations:
Warranty period for sales = 1 year
Sales Revenue in 2021 = $1,600,000
Estimated warranty costs for 2021 = $32,000 (2% of $1,600,000)
Actual warranty costs in 2022 = $25,000
Sales Revenue in 2022 = $2,400,000
Estimated warranty costs in 2022 = $36,000 (1.5% of $2,400,000)
Analysis:
1. December 31, 2021: Warranty Expense $32,000 Warranty Liability $32,000
2. 2022 Summary: Warranty Liability $25,000 Cash $25,000
3. December 31, 2022: Warranty Expense $36,000 Warranty Liability $36,000
Thus, the balance in the Warranty Liability account at the end of 2021 is $32,000, and at the end of 2022, it is $43,000 ($32,000 - $25,000 + $36,000).
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When applying the lower cost or market rule to the valuation of inventory, the allowance method is considered preferable to the direct method because
A. the allowance method reports a higher inventory net valuation for balance sheet purposes than the direct method
B. the allowance method reports the inventory loss or loss recover in a separate income statement account
C. the allowance method, unlike the direct method, reduces the value of inventory reported on the balance sheet
D. the allowance method reports smaller losses than the direct method
It should be noted that the allowances method is considered preferable because B. the allowance method reports the inventory loss or loss recover in a separate income statement account.
It should be noted that the most common approach when implementing the lower cost is to apply it to each individual item of inventory separately.
When applying the lower cost or market rule, the market value should not exceed the net realizable value. Also, the allowance method is more preferable than the direct method because it reports the inventory loss or loss recover in a separate income statement account.
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state whether the item is an asset or a liability.)
i Motor Car
ii. Stock of goods
iii. Cash at bank
iv. Bank overdraft
v. The business owes a supplier for goods
vi. Loan
vii. Machinery
viii. Creditors
ix. Equipment
x. Money owing to bank
Answer:
v and i
Explanation:
in macroeconomics, what name is given to the costs of changing prices that businesses must consider?
Answer: menu costs
Explanation:
in macroeconomics, The name is given to the costs of changing prices that businesses must consider as menu costs.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
One reason for price-stickiness, a fundamental principle of New Keynesian economic theory, is menu costs. Prices that do not alter in reaction to macroeconomic developments are said to be price-sticky.
Therefore, As a result, The cost that was changed their prices in business as known menu cost.
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Think about the life cycle (i.e., Introduction, Growth, Shakeout, Maturity and Decline) of the electric vehicle industry. What stage of the life cycle is the electric vehicle industry?
corporations are granted the power to issue bonds through
Answer: State laws.
Explanation:
Brainliest to correct answer.
Katrina graduated from college with a degree in veterinary science. She also has an interest in law enforcement. What company might be interested in hiring Katrina?
A. a government building looking for security.
B. a city government in need of an animal control officer.
C. a country commissioner looking for an executive assistant.
D. a large bank in need of a network manager.
Answer:
B. a city government in need of an animal control officer.
Explanation:
She has a veterinary degree, so she knows how to handle animals, and she likes law enforcement, and an animal control officer would enforce laws.
Also the other options don't have law enforcement or animals in them.
Answer:
Its b: a city goverment in need of an animal control officer
Explanation:
The ______ is a measure of the rate of return an investor will earn if the investor buys the bond now and holds until maturity.
Answer:
Yield
Explanation:
YTM = Yield to Maturity
pancakes and waffles are:
a.complements
b.normal goods
c.substitute
d.inferior goods
Answer:
they are always compliments
Explanation:
is this based on our opinion?
20. Analyzing market research is usually done by identifying________ making comparisons and developing________
Answer:
Define your research objective. The first step in the market research process
Explanation:
is to define your research objectives. ...
Develop your research questions. ...
Gather your research. ...
Interpret your findings. ...
Draw conclusions and make decisions.
Ron, a manager at a hardware components manufacturing unit, has recently learned from a subordinate's report that the production rates in his firm have gone down immensely because of poor employee morale. Ron has realized that he needs to make a change in the organization that will motivate employees. Which of the following steps in the comprehensive approach to change is illustrated in the scenario?
a. Recognizing the need for change
b. Understanding how to implement the change
c. Setting goals for the change
d. Selecting a change technique
e. Implementing the change
The step of comprehensive approach change that is illustrated in the scenario is recognizing the need for change (option A)
Recognize is a term of Latin origin that is composed of three parts that are:
1. The prefix re, which is equivalent to the action of repetition
2. The verb cognoscere, which can be translated as knowing
3. The suffix -ment, which is a synonym of instrument.
In other words, recognizing is a term that refers to the action of recognizing, that is, carefully examining an object, situation, person, or another to know its content or current state.
According to the above, it can be inferred that the situation described corresponds to the recognition of a problem because the manager carefully examines why sales have dropped and recognize the cause for this consequence, recognizing that he must change something to avoid this situation.
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job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to increase satisfaction and performance.
Cost of merchandise sold to customers $ 223,000
Merchandise inventory, beginning-of-year 32,380
Merchandise purchases, gross amount 228,620
Shrinkage on inventory as of year-end 780
Transportation-in for merchandise purchases 2,286
Cost of merchandise returned by customers (and restored to inventory) 1,950
Discounts received from suppliers on merchandise purchases 1,829
Returns to and allowances from suppliers on merchandise purchases 4,300.
213
bc i said so and i think
Explanation:
A customer reward program can be useful because it _____. (Select all that apply.)
allows the customer to get a reward
helps develop a profile of the customer
shows the customer’s purchases
restricts the customer’s shopping to one particular store
A customer reward program can be useful because it d. restricts the customer’s shopping to one particular store.
What exactly is a customer loyalty program?The point-based loyalty programs known as customer reward programs are meant to encourage more purchases and customer engagement in return for discounts and other perks.
What do reward schemes accomplish?Companies can provide customers with points or benefits through a loyalty program. In addition, they can exchange points for special offers, free goods, rewards, or access to exclusive benefits. The objective is to cultivate customer trust and encourage repeat purchases. 95% of customers say that having faith in a company makes them more loyal.
Therefore, the correct answer is d. restricts the customer’s shopping to one particular store.
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Planning is an important part of management. You find your batting cages can serve 20 customers each per day and take up about 1,600 square feet each. In two years, you hope to serve 300 customers per day. About how much room will you need just for batting cages?.
The spaces taken up to serve 300 customers per day is; 24,000 square feet each
According to the question;
We are required to determine how much room will you need just for batting cages.By proportion;
To serve 20 customers each per day; the batting cages take up about 1600 square feet each
To serve 300 customers each per day; the batting cages would take up about;
= (300 × 1600)/20= 24,000 square feet eachTherefore, 24,000 square feet each is required to serve 300 customers per day.
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Tran has a credit card with a spending limit of $2000 and an APR (annual percentage rate) of 12%. During the first month, Tran charged $450 and paid $150 of that in his billing cycle. Which expression will find the amount of interest Tran will be charged after the first month? (0. 01) (300 dollars) (0. 01) (450 dollars) (0. 12) (300 dollars) (0. 12) (450 dollars).
The expression that will find the amount of interest Tran will be charged after the first month is A. (0. 01) (300 dollars).
Data and Calculations:
Credit card spending limit = $2,000
Annual percentage rate (APR) = 12%
Monthly APR = 1% (12%/12) = 0.01
Amount charged on credit card =$450
Amount paid within the billing cycle = $150
Balance due on the credit card = $300 ($450 - $150)
Thus, Trans will be charged $3, which is expressed as A. (0. 01) (300 dollars).
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if a tax is imposed on a market with inelastic demand and elastic supply, then:
Answer:
Buyers will bear most of the burden of the tax
Explanation:
Hope it helps
50 POINTS
Colin has just been elected his citys new mayor. What skill would be beneficial to Colin in this position?
A. Colin is artistic and loves to create things
B. Colin has a great concentration and an education in medicine
C. Colin is organized and driven to complete tasks
D. Colin loves to work outside with animals
there would be more tasks as he is a mayor so he needs a good ability to complete every tasks
When making keep or replace equipment decisions, management should consider the: (Check all that apply.) Multiple select question. operating cost of the new equipment. original cost of the old equipment. operating cost of the old equipment. book value of the old equipment. trade-in allowance on the old equipment.
Answer: trade-in allowance on the old equipment, operating cost of the new equipment, operating cost of the old equipment
Explanation:
The correct option
trade-in allowance on the old equipment.operating cost of the new equipment.operating cost of the old equipmentś.What is management?The teaching or supervising of something (such as a business) Business enhanced under the management of new owners. 2: rational use of means to achieve an end is extremely cautious when it comes to money direction.It is something that executes group efforts towards the achievement of certain pre-determined goals. “Management” is the procedure of performing with and through others to actually achieve the goals of the organization, by efficiently using delimited resources in the changing world.The act or method of managing; handling, movement, or control. skill in managing; organizational ability: great management and tact. the person or individuals controlling and directing the experiences of a business, institution,To learn more about management, refer to:
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Since stocks can be traded online, which purpose is best served by markets?
Answer:
Markets regulate transactions.
a corporation that wishes to borrow from the general public rather than a bank will issue
Any organization that decides to borrow from the public instead of a bank
or other financial organization will have to issue a bond.
A bond represents an instrument of indebtedness by the party involved
which could be the government or an organization. The bonds are issued to
them at a particular amount which is then used to run the business or for
other important purposes.
However, the bonds issued will have to be repaid after a certain period of
time. The principal and interest accrued is usually paid and is bound by law.
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The return per unit of risk of the optimal portfolio will be ______ compared to that of any other portfolio.
The optimal portfolio is aimed at striking a balance between the return on investment and the associated risk level. Hence, the return per unit of risk is higher compared to any other portfolio.
In other to attain an equilibrium stance between risk level and the return on invested security, an optimal portfiio is employed. The portfolio seeks to ensure that investors obtain the highest return on investment while having to cope with very little risk level.Hence, the return per unit risk will be higher than any other portfolio.
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how many sole proprietorships are there in the united states
Answer:
23 million or more than 23 Million
Explanation:
When incoming shipments from various suppliers are sorted and batched and then delivered to buyers and spend little or no time in storage, that is known as ______.
When shipping is processed as described above, this is known as the very efficient method of Cross-Docking
Cross-docking:
Involves ensuring that goods spend as little a time in storage as possible Reduces storage costs significantly Works by preparing and shipping goods out when they come inCross docking ensures that a company does not have to spend too much on storage costs because goods will not spend too much time in the company.
In conclusion, the process described is cross docking.
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who wanna tlk im boooored
Answer:
sure why not
Explanation:
Answer:
When I answer 2 of your questions double the chance to talk.
Explanation:
