contribution margin can be interpreted as: group of answer choices the contribution of each unit sold towards covering the variable costs the contribution of each unit sold towards covering the fixed costs the contribution of each unit sold towards covering the average variable costs all of the above
Answers
Contribution margin can be interpreted as the contribution of each unit sold towards covering the fixed costs.
What is Contribution margin?Selling price per unit less variable cost per unit equals contribution margin (CM), also known as dollar contribution per unit. The amount of sales revenue referred to as "Contribution" is the fraction that is not used to pay variable costs and hence helps to cover fixed costs. One of the fundamental principles of break-even analysis is this idea.
Contribution margin, or the marginal profit per unit sold, is a helpful metric in carrying out various computations and can be used as a gauge of operating leverage in cost-volume-profit analysis, a type of management accounting. The labor-intensive service sector typically has low contribution margins, whereas the capital-intensive industrial sector typically has high contribution margins.
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Related Questions
Using demand curves, what would happen if the price of pop increases?
o. Demand for pop will increase
b. The demand curve will shift to the right
c. Demand for pop will decrease
The demand curve will shift to the left
Answers
Using demand curves, if the price of pop increases, then, the demand for pop will decrease. The Option
How does demand for product change in response to a change in price?According to demand law , as the price of a product increases, the quantity demanded of that product will decrease. This inverse relationship between price and quantity demanded is illustrated graphically by a downward-sloping demand curve.
Therefore, if the price of pop increases, the demand for pop will decrease. This can be shown by a movement up along the demand curve, resulting in a lower quantity demanded at each price point.
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What are the cons of a mixed market for most citizens?
Answers
Cons of a Mixed Economy :: 1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.
2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.
3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.
4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.
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A PDF file is used to display a file as it will look when _______.
Answers
Answer:
a pdf file is used to display a file as it will look when _____.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Enterprising people will make good office workers.
A.True
B. False
Answers
Answer:
A.True
Explanation:
Enterprising means having or showing initiative and resourcefulness making it helpful in a office.
how can you save money by living at home while enrolled in post secondary school or training .
Answers
Answer:training can save money on. answer choices. books but it raises costs for tuition
Explanation:
1. Consumption and cultural identity are closely related in the post-industrial economies. True or False
2. The McDonaldization of local cultures critically refers to the process of the global diffusion of corporate culture and resultant condition of placelessness True or False
Answers
1. True. Consumption plays a significant role in shaping cultural identity in post-industrial economies, where consumer choices and lifestyles often reflect individual and group identities.
2. True. The McDonaldization of local cultures refers to the spread of standardized, homogenous consumer culture globally, leading to a sense of placelessness as local traditions and distinctiveness are eroded by the dominance of corporate culture.
In post-industrial economies, consumption patterns and cultural identity are closely intertwined. People's consumption choices, such as the brands they prefer, the products they buy, and the experiences they seek, often reflect their cultural values, beliefs, and social identities. As societies become more consumer-oriented, consumption practices and preferences become significant markers of cultural identity.
The McDonaldization of local cultures is a phenomenon where global corporations, like McDonald's, disseminate their standardized consumer culture worldwide. This process can result in a loss of local traditions and uniqueness, creating a sense of placelessness where many cities and towns look similar, with identical franchises and homogenized consumer experiences. This phenomenon has raised concerns about the erosion of cultural diversity and the dominance of corporate influence in shaping local cultures.
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Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?
Answers
Answer:
$4.29
Explanation:
Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services
Total amount paid = total price of items purchased + tax amount
total price of items purchased = $0.99 + $2.25 + $0.75 = $3.99
Tax amount = 0.075 x $3.99 = $0.299
Total amount paid = $4.29
Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Answers
Sergio needs to reach his supervisor as soon as possible to make a decision about an important client who is threatening to take their business elsewhere if they do not get an immediate response. What is the MOST logical channel of communication for Sergio to use to contact his supervisor and why?
Answers
Answer: The most logical channel of communication for Sergio to use to contact his supervisor would be a phone call or an instant messaging service. This is because phone calls and instant messaging allow for immediate, real-time communication. Sergio needs to reach his supervisor as soon as possible to make a decision about an important client and these two channels of communication allow for the fastest and most direct form of communication. Email or text message may take longer for the supervisor to receive and respond to, which would not be ideal for Sergio's situation.
Explanation:
ABM Services paid a $4.15 annual dividend on a day it closed at a price of $54 per share. What
was the yield?
Answers
Answer:
Explanation:
94:15
Use the table to answer the question.
at what output level should a perfectly competitive firm choose to produce at?
a. the firm should choose to produce 1,200 units of output.
b. the firm should choose to produce 800 units of output.
c. the firm should choose to produce 300 units of output.
d. the firm should choose to produce 1.500 units of output.
Answers
Answer:
The firm should choose to produce 1,200 units of output.
The firm should choose to produce 1,200 units of output at output level should a perfectly competitive firm choose to produce. Thus, option (c) is correct.
What is firm?The term firm refers to the company as are main motive to earn profit with increases the sales. The firm are involved the partners, owner, employees, and workers. The firm is main goal to earn large profit at the end of the year.
The firm plan the strategy as large production, better quality, increases firm goodwill in the market and better perform as compare to the other companies.
The firm should decide to produce 1,200 units of output because of the benefit to the firm. It was the output is the produce 1,200 units. There are the different strategies to follow of the firm.
As a result, the significance if the firm should decide to produce 1,200 units of output level should a perfectly competitive firm choose to produce are the aforementioned.
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Your question is incomplete, but most probably the full question was.
The market price for a good is $9 and will not change. Currently, a perfectly competitive firm is producing 1,200 units of output. At this level of output, the firm's variable costs are $7,000. Use the table to answer the question.
at what output level should a perfectly competitive firm choose to produce at?
a. the firm should choose to produce 1,200 units of output.
b. the firm should choose to produce 800 units of output.
c. the firm should choose to produce 300 units of output.
d. the firm should choose to produce 1.500 units of output.
Additional paid-in capital 200 0 retained earnings 1,080 480 what amount will be reported for consolidated equipment (net)?
Answers
The amount reported for consolidated equipment (net) cannot be determined based on the given information. The question only provides the values for additional paid-in capital and retained earnings, which are not directly related to the equipment account.
To determine the amount reported for consolidated equipment (net), we would need additional information such as the cost of the equipment, accumulated depreciation, and any impairments or disposals.
The consolidated equipment (net) value is usually calculated by subtracting the accumulated depreciation and any impairments or disposals from the original cost of the equipment. This will give us the net value of the equipment.
Without the necessary information, it is not possible to determine the amount reported for consolidated equipment (net).
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Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answers
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
which of the following would make a person well suited for entrepreneurship?
a. prefers to follow others on projects
b. likes making decisions
c. doesn't like people
d. likes to work regular hours
APEX
Answers
Entrepreneurs likes making decisions because they are their own boss. Option (b) is correct.
What do you mean by Entrepreneurship?Entrepreneurship is the practice of operating a business with a fresh concept or in a novel approach, ultimately benefiting the client or the consumer. A novel product or service can represent a new idea in a business.
Self-motivation is among the most crucial characteristics of entrepreneurs. Pushing oneself is necessary if you want to succeed. Because you are your own boss as an entrepreneur, it can occasionally be challenging to begin rolling without external pressure.
Therefore, Option (b) is correct. Making decisions by their own would make a person well suited for entrepreneurship.
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1. The composition of the 49er Fund portfolio is as follows: The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $100,000. There are 2 million shares outstanding. What is the net asset value (NAV) of the fund? ( 2 points) NAV= (round to two cents, e.g. \$12.34) 2. Reconsider the 49er Fund from #1 above. If during the year the portfolio manager sells all of holdings of stock D and replaces it with 200,000 shares of stock E at $70 per share and 400,000 of stock F at $25 per share, what is the portfolio turnover rate? ( 3 points) Turnover = (round to two decimals, e.g. 12.34\%) 3. The 49er Fund offers Class A and Class B shares. Class A shares charge a 12b−1 fee of 1% and maintains an expense ratio of 0.75%. Class B shares charge a front-end load of 2%, a 0.25%12 b 1 and has an expense ratio of 0.25%. Assume the rate of return on both funds' portfolios (before any fees) is 7% per year. How much will an investment of $10,000 be worth in each Class after 6 years? (5 points) Class A=…
Class B=…
(round to whole dollar, e.g. $12,345 ) (round to whole dollar, e.g. $12,345 )
4. The Piedmont Fund sells Class A with a front-end load of 4% and Class B shares with 12 b−1 fees of 0.75% annually as well as back-end load fees that start at 5% and fall by 1% for each full year the investor holds the portfolio (until the fifth year). Assume both Class A and Class B shares have an annual 0.25% management fee and a portfolio rate of return net of operating expenses of 8% annually. How much will an investment of $10,000 be worth in each Class after 3 years? (5 points) Class A= (round to whole dollar, e.g. $12,345 ) Class B= (round to whole dollar, e.g. $12,345 )
Answers
1. The net asset value (NAV) of the 49er Fund is determined by dividing the total value of the portfolio by the number of shares outstanding, excluding any accrued management fee.
2. The portfolio turnover rate for the 49er Fund is calculated by dividing the total value of securities bought or sold during the year by the average value of the portfolio, expressed as a percentage.
1. To calculate the net asset value (NAV) of the 49er Fund, we need to determine the total value of the portfolio by subtracting the accrued management fee from the fund's assets. Since no borrowed funds are involved, the NAV is simply the total value of the portfolio divided by the number of shares outstanding.
2. The portfolio turnover rate measures the trading activity of the fund and reflects the frequency of buying and selling securities within the portfolio. In this case, we can calculate the turnover rate by dividing the total value of securities bought or sold during the year (in this case, the value of stock D sold and stock E and F purchased) by the average value of the portfolio. The result is expressed as a percentage.
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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what is your favorite food?
do you love pets?
do you make good grades?
Answers
Answer:
Shimp, ehh, yeah
Explanation:
Yes
I have all b’s.
fixed period settlement options are considered to be a form of what?
Answers
Fixed-period settlement options are considered to be a form of annuity payout option.
An annuity is a financial product that provides a series of regular payments over a specified period or for the lifetime of the annuitant. Annuities are often used as retirement income vehicles, allowing individuals to receive regular payments to support their financial needs after they stop working.
One of the options available with annuities is the choice of how the payouts will be structured. Fixed period settlement options allow annuitants to receive regular payments over a predetermined fixed period. The duration of the fixed period can be chosen based on the individual's needs and preferences, such as 10 years, 15 years, or any other specified period.
During the chosen fixed period, the annuitant will receive equal periodic payments until the total amount is paid out. Once the fixed period ends, the annuity payments cease.
Fixed-period settlement options provide individuals with a predictable income stream over a specific timeframe, which can help with budgeting and financial planning. It is one of the various payout options available within the realm of annuities.
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The relationship between increasing prices and decreasing money value is called
Answers
Answer:
Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.
Explanation:
Can I please get on the brainlist
Issac serves on a committee of employees who were charged with selecting three co-workers to honor at the annual banquet. One employee whose name was at the top of everybody's list was instrumental in helping another employee who failed to wear his protective headgear to avoid suffering a serious head injury. Although this was a noble act, Issac knew that the hero was frequently negligent about wearing his own headgear. Isaac knew that several other employees followed strict company policy every day and always wore their headgear; yet, they were not being acknowledged for their compliance. According to Norman Vincent Peale, which question should Isaac refer to as he proceeds to make an ethical decision
Answers
According to Norman Vincent Peale, The question Isaac should refer to as he proceeds to make an ethical decision is that "How does the action I am proposing to take make me feel about myself?"
For better understanding, we have to understand why Isaac should ask Himself that question following Norman Vincent Peale suggestions
Norman Vincent Peale was known to give 3 major suggestions or opinions that decisions that solve ethical dilemmas should be studied side by side with the said three questions. which are: Does the decision follow laws and company policy? Is it balanced—is there a sense of fairness in the decision? How does the decision made, make me feel about myself?
From the above, we can therefore say that the answer According to Norman Vincent Peale, The question Isaac should refer to as he proceeds to make an ethical decision is that "How does the action I am proposing to take make me feel about myself?" is correct
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Select the correct answer.
Read this excerpt from a college entrance essay:
I started a small landscaping business last summer so I could help pay for my hockey uniform and the program fees. Landscaping is hard work,
especially on hot summer days. But I enjoyed being outside and I liked earning some extra money. By the end of the summer, I doubled the
number of my clients, and I paid for new skates. So through this small venture, I glimpsed the rewards that come with being an entrepreneur
What conclusion does the writer make in this paragraph?
A Mowing lawns can be hard work, but it's worth the money earned,
OB. The experience helped the writer learn the benefits of starting a business,
OC. The writer was able to double his or her client base through hard work
Answers
The conclusion that the writer made at the end of the story is that The experience helped the writer learn the benefits of starting a business.
What is the summary of the excerpt?The writer takes the reader through the journey of how she started a business and the way she got customers for the business.
The ending of the story tells us that she looked on at the rewards she got from the act of starting the business at the end of it. Hence option B is correct.
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A Clean Cut of Leadership
There has been a spike in coronavirus cases at the meatpacking plant you oversee. Many of your employees are calling in sick, whether or not they really are. You'll need to provide strong leadership if you want to motivate your workforce to keep coming in. Can you succeed and keep the plant operating?
Answers
Yes, it is possible to exhibit strong leadership in the face of adversity as a leader. In fact, it is in such situations that leaders must demonstrate value and problem-solving skills.
What are the things that must be done?First show empathy and support.Ensure that the company as a legal entity and all members of staff follow government protocol as advised by the CDC guidelines.Put in a business continuity plan in place to ensure that where possible, customers can still be served.Activate remote-work protocolDon't forget to check in on as many persons as you can and assist them with getting medical help and vaccinations.As the leader, you must also take care of yourself.It is to be noted that in every business, health comes first before work. How the leader is able to demonstrate flexibility and grit in times like this will determine the future of the business.
Leadership, as a study topic and a practical talent, refers to a person, group, or organization's capacity to "lead," influence, or direct other individuals, teams, or entire organizations. The term "leadership" is frequently regarded as a contentious one.
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A financial crisis, brought on in part by excessive spending and huge gambling losses by __________, resulted in forcing __________ to call __________ into session for the first time in 175 years
Answers
There are different kinds of crises. A financial crisis, brought on in part by excessive spending and huge gambling losses by Marie Antoinette, resulted in forcing Louis XVI to call Estates General into session for the first time in 175 years.
What is Estates General?This was said to be a financial crisis, that started due to the high spending and huge gambling losses by a woman known as Marie Antoinette. Due to the above, it forced Louis XVI to call Estate general session for the first time in 175 years?
A financial crisis is known as any kind of situations where some aspect of financial assets suddenly got lost in terms of their nominal value.
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You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answers
Answer:
contrast effects
Explanation:
Contrast effects is a change of perception when we compare something with something else thereby noticing the difference between them. These comparisons can be color, price, taste.
Contrast effects can make a color appear darker when placed in a lighter background or that an item appear to be cheap when place after being shown a more expensive item. Contrast effects can either be positive or negative.
A positive Contrast effect is one that makes an item better than it is while a negative Contrast effect make an item worse than it is.
What tactic have manufacturers taken to reduce gray market distribution?
Answers
Manufacturers employ a combination of strategies, including authorized distribution networks, price differentiation, product authentication, legal actions, contractual agreements, and supply chain management, to minimize gray market distribution and protect their brand value.
To reduce gray market distribution, manufacturers have taken several tactics.
Authorized Distribution Networks: Manufacturers establish authorized distribution networks where they designate specific distributors or retailers who are authorized to sell their products. By controlling the distribution channels, manufacturers can minimize the possibility of gray market activities.Price Differentiation: Manufacturers implement price differentiation strategies, such as regional pricing or channel-specific pricing, to discourage gray market activities. By offering different prices in different markets or channels, manufacturers make it less profitable for unauthorized sellers to engage in the gray market.Serial Number Tracking and Product Authentication: Manufacturers employ serial number tracking systems and product authentication measures to verify the authenticity of their products. This helps in distinguishing genuine products from counterfeit or unauthorized goods, making it more difficult for gray market sellers to pass off unauthorized products as genuine.Legal and Enforcement Actions: Manufacturers may take legal actions against individuals or entities involved in gray market activities. This includes pursuing legal remedies for trademark infringement, unauthorized distribution, or breach of contract. By actively enforcing their rights, manufacturers aim to deter gray market sellers and protect their brand reputation.Channel Partner Agreements and Contracts: Manufacturers establish clear contractual agreements with their authorized distributors or resellers, specifying the terms and conditions for distribution. These agreements often include provisions that prohibit the sale of products into unauthorized channels or markets, helping to prevent gray market distribution.Enhanced Supply Chain Management: Manufacturers implement robust supply chain management practices to secure their products throughout the distribution process. This includes implementing measures to prevent unauthorized access, ensuring proper tracking and documentation, and maintaining strict control over the movement of goods to reduce the risk of diversion into the gray market.know more about Gray market distribution
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To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Answers
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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A high school student starts a lawn mowing business . His riding lawn mower cost $1,000; gas for the season is $2,000. He spends $500 for gas driving to and from jobs, $300 for supplies and repairs, and $200 for a trimmer. Each week his 20 customers pays $40 a week for a 20 week season. How much money did he make?
Answers
=$12,000.00 is what he earned
Explanation:
20x40.00=800×20=$16,000.00
16,000.00-$4,000.00 =$12,000.00
A high school student starts a lawn mowing business. He makes a $12,000 profit, of much money. Thus, option (a) is correct.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Determine the given the amount of the mowing business are:
His riding lawn mower cost $1,000.Gas for the season is $2,000. He spends $500 for gas driving to and from jobs.$300 for supplies and repairs. $200 for a trimmer.20 customers pays.$40 a week20 week season.The addition of the $1,000 + $2,000 + $500 + $300 + $200
The amount was the 4000
The week was the 20 × 40
The week was the 800
The week was the 800 × 20
The amount was the 16,000
(16000 – 4000) = 12000
The amount was the mowing business money did the make are $12,000. Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
He makes a $12,000 profit.He makes a $4,000 profit.He has an $8,000 total cash inflow.He has a $4,000 total cash inflow.The CEO does not fully understand which are the options enabled by the dynamic allocation of resources. Which of the following paragraphs best describes them: O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. Beside, it allows you to use different operating systems.
Answers
The paragraph that best describes the options enabled by dynamic allocation of resources is: "When you need computing power, you access the cloud and use some of the resources. When you do not need computing power, other companies will use it."
The selected paragraph accurately describes the options enabled by dynamic allocation of resources. It states that when computing power is required, users can access the cloud and utilize a portion of the available resources. However, when the computing power is not needed, those resources are made available to other companies or users. This concept highlights the flexibility and efficiency of resource allocation in the cloud. It ensures optimal utilization of resources, as they are dynamically allocated based on demand. The paragraph does not mention additional features like adapting resources, switching computer centers, or using different operating systems, so it focuses solely on the core concept of sharing and utilizing computing power as needed.
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an adjusting entry was made on year-end december 31 to accrue salary expense of $3,100. assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $6,800 payment of salaries in january of the following year? multiple choice account title debit credit salaries payable 3,100 salaries expense 3,700 cash 6,800 account title debit credit salaries payable 3,100 cash 3,100 account title debit credit salaries expense 3,100 salaries payable 3,100 account title debit credit salaries expense 6,800 cash 6,800 account title debit credit salaries payable 6,800 cash 6,800
Answers
The correct entry to record the $6,800 payment of salaries in January of the following year is the fourth one: account title debit credit salaries expense 6,800 cash 6,800.
This entry is needed to recognize the salaries expense, which was recorded in the adjusting entry made on December 31 as $3,100. The salaries payable account is reduced for the same amount, as the salaries were paid in January.
The first entry given, account title debit credit salaries payable 3,100 salaries expense 3,700 cash 6,800, would not be an accurate way to record the salaries payment. This would record the salaries expense as $3,700, which is incorrect as the amount of salaries expense recorded in the adjusting entry was $3,100.
The second and third entries given, account title debit credit salaries payable 3,100 cash 3,100 and account title debit credit salaries expense 3,100 salaries payable 3,100 respectively, would also not be an accurate way to record the salaries payment.
This would only record half of the total payment, as the total amount was $6,800. The fifth entry given, account title debit credit salaries payable 6,800 cash 6,800, would also not be an accurate way to record the salaries payment. This would not include the salary expense, which was originally recorded as $3,100.
In conclusion, the fourth entry given, account title debit credit salaries expense 6,800 cash 6,800, is the correct entry to record the $6,800 payment of salaries in January of the following year. Therefore, the correct entry is the fourth one: account title debit credit salaries expense 6,800 cash 6,800.
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