A company purchases merchandise for $600 plus a freight charge of $60 from a supplier, payment is due in 30 days. The $60 freight charge will be recorded as a debit to the Merchandise Inventory account in the amount of $60.
The transportation expenses incurred by a company to get its merchandise to its destination are referred to as freight expenses.
The costs of shipping goods are referred to as freight charges. A freight charge is a fee that a transportation carrier imposes for delivering products or items from one location to another.
The freight charge is a transportation fee charged to the client by a carrier firm. The shipping cost is frequently determined by the freight carrier and the mode of transportation used for the shipment.
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Steps in achieving success in strategic decision. (Subject: Enterprise Systems and Architecture).
The steps in achieving success in strategic decisions are to: Assess the Situation, Determine the Objective, Strategize, Develop and Monitor Plans and Adjust accordingly.
Assess the Current Situation: The first step is to understand the current situation. Understanding the present situation assists you in identifying the areas where changes are necessary. A successful strategic decision is based on a comprehensive understanding of the current situation.Determine the Objective: Define your goal to make a strategic decision. Identify what you want to accomplish. Having a clear objective enables you to develop a strategic plan.Define Strategies: Establish strategies for achieving your objectives. These strategies should be specific and should align with your objectives. Develop an Action Plan: Develop an action plan that outlines the steps necessary to implement the strategies. This plan should also include who will be responsible for each action.Monitor Progress: Check to see if the strategies and action plan are working as intended. Tracking progress will allow you to identify issues and adapt your strategy as needed.Adjust the Strategy: If the current strategy is not working, change it. Developing a successful strategic decision necessitates flexibility and the ability to adapt to changing situations.The above steps will ensure success in strategic decision-making.
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What are 20 things to do at home when I have nothing to do and have done all my online school?
When Markus complained out loud that the hotel restaurant did not serve breakfast late enough in the morning, a hotel worker who overheard him and went to the kitchen. When the hotel worker returned, he presented Markus with a plate of sweet rolls, a cup of coffee, and the hotel's apology for having to close down the breakfast service early. Which service recovery strategy is being used in this example
The service recovery strategy being used in this example is the "Compensation and Apology" strategy.
In response to Markus's complaint about the hotel restaurant not serving breakfast late enough, the hotel worker took action by going to the kitchen and returning with a plate of sweet rolls and a cup of coffee.
This act serves as compensation for the inconvenience caused by the early closure of the breakfast service.
Additionally, the hotel's apology for the situation further demonstrates the use of the service recovery strategy. By acknowledging the issue and taking steps to rectify it, the hotel is attempting to make amends and restore customer satisfaction.
The Compensation and Apology strategy aims to address customer complaints or service failures by offering some form of compensation, such as complimentary items or services, along with a genuine apology. It shows the hotel's commitment to resolving the issue and maintaining customer satisfaction.
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A firm's cost of capital is often a reflection of its activities and funding needs. Consider the case of Wizard Company and answer the following questions: Wizard Co. currently has only a real estate division and uses only equity capital; however, it is considering creating consulting and distribution divisions. Its beta is currently 1.3. The risk-free rate is 4.8%, and the market risk premium is 5.8%. This means that the firm's real estate division will have a cost of capital of: 11.04% 12.34% 9.60% 3.36% The consulting division is expected to have a beta of 1.9, because it will be riskier than the firm's real estate division. This means that the firm's consulting division will have a cost of capital of: 15.82% 16.77% 17.17% 18.32% The distribution division will have less risk than the firm's real estate division, so its beta is expected to be 0.4. This means that the distribution division's cost of capital will be: 7.12% 17.77% 16.57% 17.87% Wizard Co. expects 65% of its total value to end up in the real estate division, 25% in the consulting division, and 10% in the distribution division. Based on this information, what rate of return should its investors require once it opens the new divisions? (Note: Round your intermediate calculations to two decimal places.) 12.69% 15.54% 13.99% 17.44%
The cost of capital for Wizard Co.'s real estate division can be calculated using the Capital Asset Pricing Model (CAPM). The formula is:
Cost of Capital = Risk-Free Rate + Beta * Market Risk Premium
Given that the beta for the real estate division is not provided, we can assume it to be the same as the current beta of the firm, which is 1.3.
Cost of Capital for Real Estate Division = 4.8% + 1.3 * 5.8% = 12.34%
For the consulting division, the given beta is 1.9.
Cost of Capital for Consulting Division = 4.8% + 1.9 * 5.8% = 16.77%
The distribution division has a beta of 0.4.
Cost of Capital for Distribution Division = 4.8% + 0.4 * 5.8% = 7.12%
To determine the rate of return required by investors, we need to calculate a weighted average cost of capital (WACC) based on the divisional weights provided.
WACC = (Weight of Real Estate * Cost of Capital for Real Estate) + (Weight of Consulting * Cost of Capital for Consulting) + (Weight of Distribution * Cost of Capital for Distribution)
WACC = (65% * 12.34%) + (25% * 16.77%) + (10% * 7.12%) = 13.99%
Therefore, the rate of return that Wizard Co.'s investors should require once it opens the new divisions is approximately 13.99%.
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Which of the following is true of unearned revenue?a. It represents revenue that has been earned but not yet received.b. Liabilities are increased when unearned revenue is earned.c. Assets are decreased when unearned revenue is earned.d. Unearned revenue is not shown on the company's income statement until it is earned.
The company's income statement does not reflect unearned revenue until earned is accurate. Option D is correct.
Unearned revenue is money a person or business gets for a service or product that hasn't been delivered or provided yet. Because it is a debt owed to the customer, it is listed as a liability on a company's balance sheet.
Unearned revenue is required to be recorded as a liability in accordance with accounting reporting principles. The company's profit for that accounting period would be exaggerated if the value was entered as an asset rather than a liability. The income statement does not contain any revenue that was not earned.
However, in accordance with the terms of the contract, you will transfer a portion of the unearned revenue account into the revenue account at the end of each accounting period.
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The correct statement about unearned revenue is that it represents revenue that has been earned but not yet received.
unearned revenue, also known as deferred revenue or advance payments, refers to the money received by a company for goods or services that have not yet been provided. It is a liability on the company's balance sheet until the revenue is earned.
Option a is correct. Unearned revenue represents revenue that has been received but not yet earned. When a company receives payment in advance, it creates a liability called unearned revenue. This liability is recorded on the balance sheet as a current liability until the revenue is earned.
Option b is incorrect. Liabilities are not increased when unearned revenue is earned. Instead, the unearned revenue liability decreases, and revenue is recognized.
Option c is incorrect. Assets are not decreased when unearned revenue is earned. Instead, the unearned revenue liability decreases, and revenue is recognized.
Option d is incorrect. Unearned revenue is shown on the company's balance sheet as a liability until it is earned. Once the revenue is earned, it is recognized on the income statement as revenue.
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What term BEST describes something done just to earn money?
A.
path
B.
activity
C.
job
D.
career
Answer:
its job in my opinion
what is a form in computer?
In a database context, a form is a window or screen that contains numerous fields, or spaces to enter data. Each field holds a field label so that any user who views the form gets an idea of its contents. A form is more user friendly than generating queries to create tables and insert data into fields.
5. Correcting for negative externalities - Regulation versus tradablepermits Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods: Available Methods to Reduce Pollution 1. The government sets pollution standards using regulation. 2. The government allocates tradable pollution permits. Each firm faces different costs, so reducing pollution is more difficult for some firms than others. The following table shows the cost each firm faces to eliminate each unit of pollution. For each firm, assume that the cost of reducing pollution to zero (that is, eliminating all 4 units of pollution) is prohibitively expensive.
Hi, I'll give you two methods
Explanation:Method 1: Regulation
In this method, the government sets a pollution standard that each firm must meet. If a firm fails to meet the standard, it may face fines or other penalties. The advantage of this method is that it can directly control the total level of pollution in the area. However, it may not be the most cost-effective solution for reducing pollution, as it does not take into account the different costs faced by each firm in reducing pollution.
Method 2: Tradable Pollution Permits
Under this method, the government allocates a certain number of tradable pollution permits to each firm. These permits allow a firm to emit a certain amount of pollution. If a firm wants to emit more pollution than it is allowed under its permits, it can purchase additional permits from other firms that have not used all of their permits. This creates a market for pollution permits, and the price of the permits reflects the cost of reducing pollution.
Which of the following is an example of an inherently unsafe product?
O A. A necklace
O B. Curtains
O C. Household cleaner
D. A car
Answer: C. Household cleaner
Explanation: It can kill people because it is harmful for the human skin and is dangerous once ingested. This is why we keep household cleaners away from babies and children, in case they ingest it.
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Which of the following elements comprise strategic management? (Check all that apply.)Multiple select question.a. formulationb. implementationc. realizationd. analysise. definition
The three main components of strategic management are strategic analysis, strategic choice, and strategy implementation.
Which components make up strategic management?Strategic management frequently entails strategy assessment, internal organization analysis, and company-wide strategy implementation.
What are the five components of strategy?These five components of strategy are arenas, differentiators, vehicles, staging, and economic logic. Donald Hambrick and James Fredrickson, two strategists, created this paradigm.
What are the fundamental four components of strategy?Visioning, goal-setting, resource allocation, and prioritization are the four most commonly acknowledged fundamental elements of corporate strategy.
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Social media has been very active in terms of spreading the word about practically anything and everything. As a budding entrepreneur, how can you take advantage of this trend to churn out potential opportunities? List down potential business that you see.
Answer:
Social media represents the largest available market for any business, simply because of the sheer amount of people that are connected to these platforms.
Businesses can create pages on social media to reach their potential customers, or even buy ad space in the platforms, in order to obtain more effective results.
Potential businesses are just about anything, from the sale of perishable goods like fresh produce, to durable goods like cars or houses, to the sale of professional services like lawyer services or accounting services.
Drag the tiles to the correct boxes to complete the pairs. Match each scenario with the government agency it involves. Environmental Protection Agency Occupational Safety and Health Administration Food and Drug Administration Dwayne's company has clearly marked each container to indicate what chemical it contains and the threat it poses. arrowRight Ryan's new car is certified to meet federal emission standards. arrowRight Lisa finds that her favorite brand of yogurt has been taken off the shelf after the company ordered a recall. arrowRight
Answer:
1. Occupational Safety and Health Administration (OSHA).
2. Environmental Protection Agency (EPA).
3. Food and Drug Administration (FDA).
Explanation:
1. Occupational Safety and Health Administration (OSHA): Dwayne's company has clearly marked each container to indicate what chemical it contains and the threat it poses.
The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.
2. Environmental Protection Agency: Ryan's new car is certified to meet federal emission standards.
In the United States of America, the agency which was established by US Congress and saddled with the responsibility of overseeing all aspects of pollution, environmental clean up, pesticide use, contamination, and hazardous waste spills is the Environmental Protection Agency (EPA). Also, EPA research solutions, policy development, and enforcement of regulations through the resource Conservation and Recovery Act.
3. Food and Drug Administration (FDA): Lisa finds that her favorite brand of yogurt has been taken off the shelf after the company ordered a recall.
It is a federal agency of the government of the United States of America saddled with the responsibility of protecting the consumers of edible products and public health safety.
who can become a principal and who can become an agent? group of answer choices any person can become a principal and any person can become an agent. no answer text provided. a person must have contractual capacity to be a principal, but any person can become an agent. any person can become a principal, but an agent has to have the capacity to contract.
Answer:
Explanation:
Generally, in a business relationship, the principal and agent relationship requires being either an employee/employer relationship
Which are functions of money? Select the three correct answers.
A store of value
B. producer of resources
C. unit of account
D. medium of exchange
DE record of finances
F. unit of output
Answer:
A store of value
C. unit of account
D. medium of exchange
Explanation:
Money has four main functions. They are
The medium of exchange: It the most widely used and accepted instrument for the exchange of goods and servicesUnit of account: Money provides a standard measure of the value of goods and services being exchanged. Store of value: Money is known to keep its value for some period. this enables other commodities, both perishable and non-perishables, to be assigned monetary values Standard of future payments: This function allows for trade to be done on credit terms.Need Help ASAP
How do you demonstrate independence and initiative in your daily life? Discuss examples. Write 4 sentences. First, define the terms: independence & initiative. Then give me examples of each.
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Answer:
I. Never stand still
2. Do more than is Required of you
3. Think as a team Member, Not an Employee
4 Speak up and share your ideas
5 Fake it till you make it
6. Consider every opportunity
7. Always be prepared
8. Be Self-Pronotional
Explanation:
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what happens if you overdraw your checking account?
Answer:
Your bank can close your account and report you to a debit bureau, which may make it hard for you to get approved for an account in the future.
Julie is completing her PowerPoint presentation on rescue dogs. She wants to include a picture of her dog as the background of her title slide. Under what tab can Julie find this feature? Animations Design Home Slide Show
Answer:
Its probably too late. but its Design
Explanation:
Answer:
Design
Explanation: I did the test and got it right
12. The right to own a business is referred to as the right
Carrell Foods is a major supplier to many grocery store chains. It has most of the valuable shelf space in the cereal aisle. What is true based on this information? Multiple Choice A. There are few entry barriers. B. Carrell Foods has no or weak distribution channels C. Government regulation of cereals is high D. The threat of new entrants is low. E. Carrell Foods has limited brand Identification
D. The threat of new entrants is low.
In the context of business strategy and competitive analysis, the threat of new entrants refers to the potential for new competitors to enter an industry or market, and compete with existing firms.
A low threat of new entrants means that there are significant barriers to entry that make it difficult for new companies to compete in the market.
There are several factors that can contribute to a low threat of new entrants. One of the most important is the presence of high entry barriers. These can take many forms, such as high capital requirements, strong brand recognition, economies of scale, or regulatory hurdles.
For example, a market that requires significant investment in research and development, such as pharmaceuticals, may have high entry barriers that discourage new competitors from entering.
Another factor that can contribute to a low threat of new entrants is the presence of strong incumbent firms. If there are one or a few dominant firms that control a large share of the market, new entrants may struggle to gain a foothold.
This is particularly true if the dominant firms have established distribution networks, strong brand recognition, and other competitive advantages that make it difficult for new entrants to compete.
Finally, a low threat of new entrants may be the result of existing firms working together to maintain high barriers to entry. This can take the form of collusion or other anti-competitive practices that make it difficult for new competitors to enter the market.
Overall, a low threat of new entrants is generally seen as a positive factor for existing firms, as it suggests that they have a relatively stable and secure position in the market.
However, it is important for firms to remain vigilant and adaptable, as changes in technology, regulation, or market dynamics can quickly shift the balance of power and increase the threat of new entrants.
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i need help with this problem
thank you in advanced
Answer:
Price will decrease when supply increases. Supply will increase when. Quantity exchanged will increase when supply decreases
19. The occupational crowding model of discrimination predicts a. why men, in some cases, earn less than women. b. that firms will compete with one another for the best employee and that discrimination will be eliminated. c. that, unless the government gets involved, discrimination will become more severe. d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men. e. the financial advantages for women crowding into a single occupation.
Answer:
d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men.
Explanation:
Barbara Bergman developed the Occupational Crowding Model in 1971 in order to try to explain why women and certain minority groups earned in average much less than white males. She even calculated any bias due to higher education, but still she was able to show flagrant labor discrimination based on gender and race.
Her study showed how women and minorities are consistently excluded or crowded out from high paying jobs and high corporate positions. The vast majority of high paying jobs and high corporate positions are filled with white non-Latin males (Latins are not a race, they come in all colors, they are a culture).
If this tendency is eliminated, women and minorities should be able to earn similar wages than white non-Latin males since they are capable of performing the same functions in a similar and comparable manner. I.e. all women and all men are equally capable.
This has improved a little bit in the last years, but still the bias against women and minorities still exists. Forty years ago no one would even dream that a large US corporation would be headed by someone from a minority group, but nowadays Apple, Alphabet (Google), Sprint, ADM, HP, and others, are headed by people that fit into minority groups.
This is great, but you shouldn't have to search for corporations that are headed by non-Latin heterosexual whites, it should be normal. And more women are needed in these places also. Women are capable of doing everything that any man can do.
Hiring a new worker (Beatrix) who would do the same job as Bob. They would work on different orders, possibly at the same time. Assume Beatrix takes the same amount of time as Bob to do the same things. what is the utilization rate for beatrix and bob?
The utilization rate will be 80%. The utilization rate for Beatrix and Bob would be the same, as they are doing the same job and taking the same amount of time to complete it.
The utilization rate is calculated by dividing the amount of time spent on productive work by the total amount of time available.
For example, if Beatrix and Bob both spend 8 hours a day working on orders, and they each have a total of 10 hours available in a day, their utilization rate would be:
Utilization rate = (8 hours / 10 hours) x 100 = 80%
So, both Beatrix and Bob would have a utilization rate of 80%. This means that they are spending 80% of their available time on productive work, and the remaining 20% of their time is spent on non-productive activities such as breaks or administrative tasks.
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The three methods used to classify costs into their fixed and variable components includesleast-squares regressionscatter diagramshigh-low method
The three methods that are commonly used to classify costs into their fixed and variable components are the least-squares regression, scatter diagrams, and high-low method. Hence, all of these are correct.
Cost classification is a critical element in cost accounting, and it helps businesses in analyzing and controlling their expenses. One of the most commonly used techniques in cost classification is to categorize the costs into fixed and variable components. The least-squares regression method involves the use of statistical software to identify the best-fit line that explains the relationship between the cost and its drivers. This technique requires a considerable amount of data and statistical knowledge, making it a more complicated method. The scatter diagram method involves plotting the cost and its drivers on a graph, which allows analysts to visually identify the relationship between the two variables. This method is simple to use but may not be as accurate as the other methods. The high-low method involves comparing the highest and lowest cost levels to determine the variable and fixed components of the cost. This technique is easy to use, but it may not always be accurate due to the limited data used. In conclusion, while each of these methods has its strengths and weaknesses, the most suitable method to use for cost classification depends on the nature and complexity of the data. It is essential to consider the accuracy and reliability of the method used to ensure that the results obtained are useful in making informed decisions.
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the dulac box plant produces wooden packing boxes to be used in the local seafood industry. current operations allow the company to make 500 boxes per day. the company runs two 8-hour shifts per day (producing 250 boxes per shift). the company has introduced some moderate changes in equipment, and conducted appropriate job training, so that production levels have risen to 300 boxes per shift. labor costs average $10 per hour. there are 5 full-time workers on each shift. capital costs were previously $3,000 per day, and rose to $3,200 per day with the equipment modifications. energy costs were unchanged by the modifications, at $400 per day. a) what is the firm's multifactor productivity before the changes? b) what is the firm's multifactor productivity after the changes?
The firm's multifactor productivity after the changes is 0.0496 boxes and the multifactor productivity before changes is 0.0564 boxes per dollar of input.
a) To calculate the firm's multifactor productivity before the changes, we need to determine the output per unit of labor, capital, and energy.
Multifactor productivity = Output / (Labor cost + Capital cost + Energy cost)
Multifactor productivity before changes = 500 boxes / ($10 x 2 shifts x 8 hours + $3,000 + $400) = 0.0564 boxes per dollar of input
b) To calculate the firm's multifactor productivity after the changes, we need to determine the new output per unit of labor, but the capital and energy costs remain the same.
Output per unit of labor = 300 boxes / (5 workers x 8 hours) = 7.5 boxes per worker-hour
Multifactor productivity after changes = Output / (Labor cost + Capital cost + Energy cost)
Multifactor productivity after changes = 300 boxes / ($10 x 2 shifts x 8 hours + $3,200 + $400) = 0.0496 boxes per dollar of input.
Therefore, the firm's multifactor productivity has decreased slightly after the changes.
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What is a graphical link of competitive advantage, KSFs, and supporting activities? O A. competitive success grid OB. key success factor network Q C. product life cycle UD. activity map
An activity map is a graphical link of competitive advantage, KSFs, and supporting activities. Therefore, option d is the right choice.
An activity map connects competitive advantage, KSFs, and supporting activities visually. A diagnostic tool to find your organization's competitive edge is an activity map. It establishes a link between the value proposition of your company and the organizational activities that allow you to provide it more effectively than any rivals.
A business is considered to have a competitive edge if it can produce goods or services faster, more affordably, or both than its competitors.. These factors provide the producing unit an advantage over rivals in terms of sales or margins.
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A customer with $30,000 to invest places $10,000 in Investment A; $10,000 in Investment B; and $10,000 in Investment C. During the course of 1 year, Investment A pays 2% in dividends; Investment B pays 7% in dividends; and Investment C pays no dividends. At the end of the year, Investment A is sold for $10,600; Investment B is sold for $9,200; and Investment C is sold for $9,300. The Total Return on Investment is: A 0% B 3% C 5% D 6%
Answer:
The correct answer is A. Total return on investment is 0%.
Explanation:
Given that the consumer will invest his $ 30,000 in three different funds, with investment A paying dividends of 2%, investment B for 7% and investment C without paying dividends, the result of said investment after a year of duration will be as follows:
Investment A will award dividends of $ 200 (10,000 x 0.02)
Investment B will award dividends of $ 700 (10,000 x 0.07)
Investment C will not pay dividends.
Thus, the total return on investment will be $ 900.
Additionally, after this year the investor will sell said investments:
Investment A will be sold for $ 10,600, Investment B will be sold for $ 9,200 and Investment C for $ 9,300, totaling $ 29,100.
Said amount, added to the total annual return, gives us a total after investments and sales of $ 30,000, with which the total return after the investment and sale operation is $ 0, or 0% of the initial amount.
Leah is stranded on a deserted island. which could be described as a need for leah? a. some stores where she can buy ice cream and clothing b. some friends to keep her company c. food and water
The correct answer is option C.
As Leah is stranded on a deserted island, food and water is a need.
Why is food and water needed for survival?Water might be the most crucial item to have in an emergency if you want to survive. Given that the average human body contains more than 60% water, acute dehydration cannot be avoided for more than a few days. In order to supply nutrition and energy, food is also necessary. To avoid having to worry about monitoring expiration dates and rotating the stock regularly, consider long-lasting survival food and water while preparing for a crisis. Many items available today have unusually extended shelf life, ranging from 5 to 30 years.More Prepared sells several forms of survival food, such as freeze-dried and organic meal kits, as well as water purification devices. Select the emergency food supply that is most suitable for you.
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What is cost plus pricing?
Answer:
Cost-plus pricing is a pricing strategy in which the selling price, of goods and services, is determined by adding a specific fixed markup percentage to a singular product's unit cost.
HELP! If the price of an Economics e-text was equal to $45.00 and the quantity sold was equal to 125, then the total revenue would equal $3,625. True or False?
Answer:
T
Explanation:
The main source of finance for public corporations is s _ _ _ _ f _ _ _ _ _ _ (from t _ _)
Answer:
tax
Explanation:
the tax is a national practise carried all over the country