crane construction company earned $459,000 during the year ended june 30, 2017. after paying out $225,794 in dividends, the balance went into retained earnings. if the firm's total retained earnings were $849,324 at the end of fiscal year 2017, what were the retained earnings on its balance sheet on july 1, 2016? balance of retained earnings, july 1, 2016

Answers

Answer 1

Answer : The retained earnings on its balance sheet on july 1, 2016 was $614,028.

Retained earnings are a portion of a corporation's net income that is held as savings for future use. When a corporation generates a profit, it can either pay the profit out to shareholders in the form of dividends or retain the profit as retained earnings for future use.

The formula for retained earnings is:Retained Earnings = Beginning Retained Earnings + Net Income - Dividends Paid To calculate the balance of retained earnings on July 1, 2016, we need to use the above formula. Balance of Retained Earnings on July 1, 2016= $614,028

Here is the step-by-step solution: Retained Earnings = Beginning Retained Earnings + Net Income - Dividends Paid Rearranging the equation, Beginning Retained Earnings = Retained Earnings - Net Income + Dividends Paid $849,324 = Beginning Retained Earnings + $459,000 - $225,794, Simplifying the equation,$849,324 = Beginning Retained Earnings + $233,206, Subtracting $233,206 from both sides, we get :

Beginning Retained Earnings = $849,324 - $233,206, Beginning Retained Earnings = $616,118

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Related Questions

Which of the following information is used in the evaluation phase of the strategic marketing process? possible cannibalization effects on other products in the line trends for industry and competitors memos assigning responsibilities for actions and deadlines revenues associated with each point of market share action memos to correct problems and exploit opportunities

Answers

The evaluation phase of the strategic marketing process typically involves measuring and assessing the results of the implemented marketing plan.

Therefore, the information used in the evaluation phase is related to the outcomes of the plan, such as the revenues generated, market share gained, customer feedback, and other relevant metrics. Out of the options given, the following information is used in the evaluation phase of the strategic marketing process: Revenues associated with each point of market share and Action memos to correct problems and exploit opportunities

The other options provided, such as possible cannibalization effects on other products in the line, trends for industry and competitors, and memos assigning responsibilities for actions and deadlines, are typically used in earlier stages of the strategic marketing process, such as situation analysis, target market selection, and the development of the marketing plan.

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the graphs below represent the market for all meat and for one type of meat in particular: boneless, skinless chicken breast. on the graphs below, label which product is represented, based on your knowledge of relative elasticities. then show how market equilibria would change when a per unit tax of the same magnitude is imposed on either of the goods. which market would see a greater price increase after the tax?

Answers

The graph on the left represents the market for all meat and the graph on the right represents the market for boneless, skinless chicken breast.

If a per unit tax of the same magnitude is imposed on either of the goods, the market equilibria would shift upward and to the left for both graphs. This is because the tax would increase the cost of production and decrease the quantity demanded at each price level.

The market for boneless, skinless chicken breast would likely see a greater price increase after the tax compared to the market for all meat. This is because chicken breast is a relatively more elastic product compared to all meat. This means that consumers are more likely to change their buying habits and switch to a substitute product if the price of chicken breast increases significantly. As a result, the quantity demanded would decrease more for chicken breast compared to all meat, leading to a greater price increase for chicken breast in order to maintain market equilibrium.

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how to make a business title​

Answers

Answer:

In this article, we'll give you eighteen tips for coming up with a great business name.

Use acronyms.

Create mash-ups.

Get inspiration from mythology and literature.

Use foreign words.

Use your own name.

Take a look at a map.

Mix things up.

Partner with another company.

Answer:

try to make it catchy, but relevant to your subject. its easy to remember, not hard to spell, and remember it doesn't have to really really cool, as long as it makes sense, and is easy to remember

Explanation:

Arkansas permit test?

Answers

Answer:

Arkansas Fines and Limits Permit Practice Test

To take your knowledge exam, you'll need to pay a $5 testing fee, as well as a $40 license fee if you pass.

25 questions. The Arkansas knowledge test, which you must pass to get your learner's permit, has 25 questions. You must correctly answer 20 of them. If you fail the knowledge test, you can re-test in five days.

T or F: Both stock dividends and cash dividends reduce retained earnings.

Answers

True, both stock dividends and cash dividends reduce retained earnings.

Both types of dividends (stock and cash) reduce retained earnings because they represent a distribution of a portion of the company's profits to its shareholders. Retained earnings are the portion of a company's net income that is not paid out as dividends and is instead kept in the company for reinvestment or future use. When a dividend is paid, it decreases the amount of retained earnings that the company has available.

In the case of cash dividends, the company distributes a portion of its cash reserves to shareholders, which reduces the amount of cash that the company has on hand and thus reduces its retained earnings. Similarly, in the case of stock dividends, the company distributes additional shares of its stock to shareholders, which dilutes the value of existing shares and reduces the company's retained earnings.

In conclusion, both types of dividends reduce retained earnings, and this can impact the company's ability to fund future growth or investment opportunities.

1. Cash dividends are monetary payments made by a corporation to its shareholders from the company's earnings. When a cash dividend is declared, the company's retained earnings are reduced by the total amount of the dividend.

2. Stock dividends are additional shares of a company's stock given to its shareholders as a dividend. Although no actual cash is exchanged, stock dividends still reduce retained earnings, as the value of the new shares is transferred from the retained earnings account to the common stock account.

In summary, both cash and stock dividends result in a reduction of a company's retained earnings.

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b) Manuel needs to order fruit and vegetables on a regular basis from his supplier. Consider the advantages and disadvantages of three methods of communication he could use to place orders with his supplier. Recommend the best method for him to use. Justify your answer

Answers

Explanation:

Manuel has several options for communicating with his supplier to place regular orders for fruits and vegetables. Three potential methods include phone calls, emails, and electronic ordering systems (e.g., a dedicated supplier platform, mobile app, or EDI). We will analyze the advantages and disadvantages of each of these methods and recommend the best option for Manuel.

1. Phone calls:

Advantages:

- Direct, real-time communication with the supplier allows for immediate clarification of issues or negotiations.

- Personal interaction may help strengthen the client-supplier relationship.

- Can be executed quickly in urgent or last-minute situations.

Disadvantages:

- No written record of the conversation, potentially leading to misunderstandings or information loss.

- Requires both parties to be available at the same time.

- Longer or more complex orders might be prone to mistakes, as there is no transcript to review.

2. Emails:

Advantages:

- Provides a written record of the order, clarifying expectations and minimizing miscommunication.

- Allows for asynchronous communication, with no need to coordinate schedules.

- Ability to attach documents or images, if necessary.

Disadvantages:

- May lack the personal touch found in phone calls.

- Time-sensitive requests may not receive an immediate response.

- Emails can be lost or delayed due to spam filters, server issues, or full inboxes.

3. Electronic ordering systems (supplier platform, mobile app, EDI):

Advantages:

- Streamlines the ordering process, with consistent formats and fields.

- Real-time updates on inventory, pricing, and delivery schedules.

- Can integrate with other systems such as accounting and inventory management.

- Reduces manual data entry and hence errors.

Disadvantages:

- May require initial investments in technology or training.

- Potential issues with data privacy or platform compatibility.

- If the system crashes or experiences technical issues, orders may be delayed or lost.

Recommendation:

Based on the analysis, the best method for Manuel would be an electronic ordering system. Although it may require some initial investment and training, it provides a streamlined, efficient approach to ordering, reducing the likelihood of errors and offering real-time updates. This method will also save time, as it eliminates the need for coordination and manual data entry. Integration with other systems further supports business operations and decision-making.

While emails may offer a written record of the order, electronic ordering systems provide this advantage without the risk of delays or lost messages. Phone calls, on the other hand, may allow for personal interaction but lack the consistency, documentation, and automation that electronic systems provide. Overall, an electronic ordering system is the most effective and reliable choice for placing regular orders with the supplier.

ds
Ithis list is in
order.
Zahn
Smith
Mason
Fitzpatrick
Billings
alphabetical
O incorrect
O ascending
O descending

Answers

The answer is descending
I think

When the price of a good increased by 8 percent, the quantity demanded of it decreased 4 percent The price elasticity of demand is . A price rise will total revenue O A. 0.50; decrease O B. 2.00; increase O c. 2.00; decrease OD. 0.50, increase O E. 1.00; decrease An example of a good with such a demand is O A. bread OB. blue jeans O c. theater tickets Click to select your answer

Answers

To determine the price elasticity of demand, we divide the percentage change in quantity demanded by the percentage change in price. The resulting value is 0.5. Therefore the correct option is (a) 0.50

The price elasticity of demand measures the responsiveness of quantity demanded to a change in price. In this case, when the price of a good increased by 8 percent, the quantity demanded of it decreased by 4 percent.

The price elasticity of demand is calculated as the percentage change in quantity demanded divided by the percentage change in price. In this case, the price increased by 8 percent, leading to a 4 percent decrease in quantity demanded. Therefore, the price elasticity of demand is calculated as (-4%)/8% = -0.5. Since elasticity is typically expressed as an absolute value, the price elasticity of demand in this scenario is 0.5.

When the price elasticity of demand is less than 1 (in this case, 0.5), it indicates that demand is inelastic. This means that a price increase will result in a proportionately smaller decrease in quantity demanded, leading to an increase in total revenue. Therefore, the correct answer is option D: 0.50; increase.

As for the example of a good with such a demand, it is not specified in the given information and cannot be determined from the provided context.

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How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

1. calculate the following: a. annual roi b. total cost of ownership c. average annual cost of ownership d. net present value in year 3 e. payback period 2. would you make the investment? discuss. 3. what strategic role does content management play in the customer experience? 4. categorize the benefits described in the case as either direct or indirect benefits. discuss the challenges associated with quantifying indirect benefits in it and how realistic you believe these estimates to be. what does this mean for your estimated roi calculation? 5. a major stakeholder group was not in favor of the upgrade. how would you handle this resistance? 6. identify some potential risk factors. how would you mitigate these factors? 7. comment on the decision to utilize mcms for the upgrade to warescape. what are the main features? who are some of the other competitors to mcms in the content management marketplace? 8. why is it important to calculate total cost of ownership? what about it tco is challenging or problematic? 9. discuss how ware captured the indirect savings numbers. what do think of this approach? 10. how would you have pitched this case to management?

Answers


1 a. Annual ROI: The annual return on investment (ROI) is calculated by dividing the net income generated by the investment, usually over a one year period, by the total amount invested.

b. Total Cost of Ownership: Total Cost of Ownership (TCO) is the total cost of purchasing and owning an asset over its lifetime, including the purchase cost, maintenance, depreciation, and other costs such as utilities and staff training.

c. Average Annual Cost of Ownership: The Average Annual Cost of Ownership (AACO) is calculated by dividing the total cost of ownership by the number of years of ownership.

d. Net Present Value in Year 3: Net Present Value (NPV) in year 3 is calculated by subtracting the present value of cash flows from the present value of costs.

e. Payback Period: Payback period is the amount of time it takes to recoup the initial investment.

2. It depends on the expected return on investment (ROI) relative to the cost of ownership and the risk of the investment. If the ROI is higher than the cost of ownership and the risk is manageable, then the investment may be worthwhile. However, it is important to consider the estimated returns carefully and to consider the other risks associated with the investment.

3. Content management is an important part of the customer experience. Content management helps to ensure that customers receive accurate, up-to-date information and a positive user experience. Content management also helps businesses to optimize the customer experience by providing tools to create, manage, and distribute content effectively.

4. Direct benefits are those that are easily quantifiable and result from a direct action taken by the business, such as increased sales or cost savings. Indirect benefits are those that are more difficult to quantify, such as increased customer satisfaction or improved brand recognition. Quantifying indirect benefits in IT can be challenging, as these benefits may not be easily measurable. However, it is important to consider the potential indirect benefits when calculating the estimated ROI, as these benefits can have a significant impact on the return.

5. When a stakeholder group is resistant to an upgrade, it is important to understand why they are resisting. It may be that they are unfamiliar with the technology or have concerns about the potential costs or risks associated with the upgrade. It is important to explain the potential benefits of the upgrade and address any of their concerns. Additionally, it is important to work with the stakeholder group to create an implementation plan that is acceptable to everyone.


6. Potential risk factors include delays in implementation, lack of user adoption, cost overruns, and technical issues. To mitigate these risks, it is important to create a detailed implementation plan, set realistic timelines and budget, create a training program for users, and test the system thoroughly before launching. Additionally, it is important to have a contingency plan in place in case any of these risks materialize.

7. The decision to utilize MCMS for the upgrade to Warescape is a sound one, as MCMS offers a number of features that make it well suited for this purpose. These features include content management, workflow management, versioning, access control, and integration with other systems. Some of the other competitors to MCMS in the content management marketplace are Adobe Experience Manager, Oracle WebCenter, and Sitecore.

8. Total cost of ownership (TCO) is an important metric as it captures the full cost of purchasing and owning an asset over its lifetime. TCO is challenging because it can be difficult to estimate the cost of maintenance, depreciation, and other costs such as utilities and staff training. Additionally, it can be difficult to predict how long an asset will last and the rate at which it will depreciate.

9. Ware captured the indirect savings numbers by calculating the cost savings associated with improved customer satisfaction, increased brand recognition, and other indirect benefits. I think this approach is sound, as it helps to quantify the indirect benefits that can have a significant impact on the return on investment.


10. I would have pitched this case to management by highlighting the potential cost savings and increased customer satisfaction associated with the upgrade, as well as the potential long-term benefits of the new technology. Additionally, I would have emphasized the importance of an effective implementation plan, realistic timelines and budget, and a comprehensive user training program. Finally, I would have discussed the potential risks associated with the upgrade and outlined a contingency plan in case any of these risks materialize.

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What are the 4 processes of observational learning?

Answers

The 4 processes of observational learning are Attention, retention, reproduction, motivation.

According to Bandura's social learning theory, there are four processes involved in observational learning

Attention refers to the process of actively observing the behavior of others. The learner must focus their attention on the model's behavior and be able to perceive and understand the key elements of the behavior.

Retention involves the learner's ability to remember the behavior that was observed. The learner must encode the behavior into memory and be able to retrieve it at a later time.

Reproduction refers to the learner's ability to imitate or reproduce the observed behavior. This requires the learner to have the physical and cognitive ability to perform the behavior.

Motivation refers to the factors that influence the learner's decision to perform the behavior. The learner must have a reason or incentive to perform the behavior, which can be influenced by various internal and external factors, such as reinforcement, punishment, and social norms.

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4 On 1 July 20-6 Mumtaz started a business. The following are her transactions for the first two weeks of trading:​

Answers

Mumtaz started a commercial enterprise. the following are her transactions for the primary weeks of trading:​ can do economic transactions thru cellular banking using a smartphone.

Definition of transaction: something transacted specially: a trade or switch of goods, services, or funds digital transactions. b transactions plural: the often posted record of the meeting of a society or affiliation: an act, system, or example of transacting.

Examples of transactions are as follows: Paying a provider for offerings rendered or items added. Paying a seller with coins and notice so that you can attain ownership of belongings previously owned by means of the seller. Paying an employee for hours worked.

In accounting, a transaction in any financial commercial enterprise event impacts a commercial enterprise's monetary statements. because transactions include any occasion that has an economic effect on your monetary data, there are a whole lot of items that are transactions.

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PLEASE ANSWER THEY ARENT HARD I JUST DONT HAVE TIME

PLEASE ANSWER THEY ARENT HARD I JUST DONT HAVE TIME

Answers

Answer:

1) i would react very good..that's a pretty food credit score

Which of the following is an advantage of operating a business as a private limited company?
a. It is easier to raise finance as the business can sell shares
b. Owners have unlimited liability
C. Partners can provide specialist knowledge and skills
d. It is very quick and easy to set up

Answers

Answer:

a. It is easier to raise finance as the business can sell shares.

Explanation:

A private limited company can be defined as a type of legal hybrid-business structure that can combine both partnership and corporation form of business, and the owners are only responsible for its debts with respect to the amount of capital they have invested.

Some of the characteristics (features) of a private limited company include;

I. Shares can be issued by the private limited company to raise capital.

II. All the shareholders (owners) of a private limited company have limited liability.

III. After the death of a shareholder, a private limited company will continue to operate its business.

An advantage of operating a business as a private limited company is that it is easier to raise finance as the business can sell shares.

However, one of the disadvantages of a private limited company is that the general public are able to view a summary of their business accounts.

Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors

Answers

The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).

Define attitudes and behaviors.

An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.

When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.

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Explain how you would perform market segmentation for a financial service provider.Based on your answer to question (a), how would you go about selecting the target market?

Answers

To perform market segmentation for a financial service provider, I would follow these steps: Conduct Market Research: Gather data on the financial needs, preferences, and behaviors of potential customers.

This can be done through surveys, interviews, and analysis of existing market research reports. Identify Segmentation Variables: Determine relevant criteria to divide the market into distinct segments. These variables can include demographics (age, income, occupation), psychographics (attitudes, values, lifestyle), and behavioral factors (usage patterns, financial goals).Segment the Market: Group customers with similar characteristics into segments based on the identified variables. This can be done using statistical techniques, clustering algorithms, or manual analysis.

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A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary markets. in the secondary market. usually with the assistance of an investment banker. in the primary market and usually with the assistance of an investment banker.

Answers

Answer:

in the primary market and usually with the assistance of an investment banker.

Explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market

how much of the market did cornelius vanderbilt control

Answers

Cornelius Vanderbilt was a prominent American businessman and entrepreneur in the 19th century who was involved in various industries, including shipping and railroads.

While he was undoubtedly a very wealthy and powerful individual, it is difficult to determine exactly how much of the market he controlled.

Vanderbilt was known for his aggressive business tactics, and he certainly dominated certain markets, such as the steamship industry in the mid-1800s. However, it is unlikely that he had complete control over any particular market. There were often other wealthy and powerful individuals and companies competing with him.

It's worth noting that the concept of "market share" as we understand it today was not really relevant in Vanderbilt's time. The business landscape was much more fragmented and decentralized, and there were fewer large, dominant corporations. Vanderbilt's wealth and power were derived more from his personal fortune and his ability to outmaneuver his rivals than from any sort of market dominance.

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Managers’ power over employees, granted based on their position within the organization, is considered.

Answers

Managers’ power over employees, granted based on their position within the organization, is considered Legitimate power.

What is Legitimate power ?

In a company, there are various types of powers that a manager can have over their employees including expert power, legitimate power, referent power, and informational power. These types of powers all refer to the different ways that a manager can control their employees to be able to guide them to meet the goals of the organization.

One important type of power that managers have is the Legitimate power. This is the formal power that a manager can have on other employees, thanks to their position in the organization. For instance, a mid level manager has Legitimate power over employees in the lower levels and even lower - level managers as well. This would then allow them to use their position to influence decisions.

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Which of the following types of HR policies would detect from organizations overall goals if the organization wants to adopt and inspirational strategy

Answers

To align with an

inspirational

strategy, an organization should adopt HR policies that emphasize employee motivation, career

development

, and a

positive

work culture.

To support an inspirational strategy, organizations should focus on HR policies that foster employee motivation,

engagement

, and development. This may include policies that promote a positive work environment, recognition programs, career growth opportunities, and training initiatives.

These policies aim to inspire employees, increase their

commitment

to the organization, and align their individual goals with the overall goals of the organization. By emphasizing employee development and creating a

supportive

and inspiring work culture, organizations can effectively align their HR policies with their inspirational strategy, ultimately driving employee performance and overall organizational success.

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when implementing an hr strategy, the organization must hold some individual accountable for achieving the goals. true false


job advertisement for store manager, cashier, inventory control
specialist and sales associate in clothing company

Answers

We are currently hiring for the positions of Store Manager, Cashier, Inventory Control Specialist, and Sales Associate. If you have a passion for fashion, exceptional customer service skills, and a desire to work in a fast-paced retail environment, we would love to hear from you.

As a Store Manager, you will be responsible for overseeing the daily operations of our store, including managing staff, ensuring excellent customer service, and driving sales. With your strong leadership abilities and retail management experience, you will create a positive work environment and achieve sales targets.

As a Cashier, you will be the face of our company, providing exceptional customer service while efficiently processing transactions. Your attention to detail and friendly demeanor will ensure a seamless shopping experience for our valued customers.

As an Inventory Control Specialist, you will play a crucial role in maintaining accurate inventory levels, conducting regular stock checks, and organizing merchandise. Your strong organizational skills and attention to detail will contribute to the smooth flow of our operations.

As a Sales Associate, you will assist customers in finding the perfect clothing items, provide product knowledge, and contribute to achieving sales goals. Your friendly and approachable nature will create a welcoming atmosphere for our customers.

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Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.

I don't have time so please answer I need it asap

Answers

Answer:

This is a personal question man

Explanation:

Im sorry, but I can't answer personal questions

Sorry

What is the answer I chose the one I thought was the answer

What is the answer I chose the one I thought was the answer

Answers

Answer: I think that ones the answer too

Answer:

c is

Explanation:

Which of the following is a benefit of outsider dominance on boards of directors?
a. The board receives less information about the operations of the firm because it is filtered through the CEO.
b. Non-CEO executives of the firm lose the opportunity to develop their strategic decision-making skills.
c. There is broader access to knowledge and resources in the broader business community.
d. The board is less able to evaluate executives for succession planning

Answers

There is broader access to knowledge and resources in the broader business community.
Outsider dominance on boards of directors allows for a more diverse range of perspectives and expertise, which can lead to better decision-making and connections to resources outside the firm. The business community refers to the collective group of individuals and organizations that are involved in commercial activities and have a stake in the economic landscape. It includes various entities such as businesses, corporations, entrepreneurs, investors, industry associations, trade organizations, and professional networks.

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What source documents can be issued by Thandi to her customers name three types of documents

Answers

These source documents serve as evidence of the exchange between Thandi and her customers and are essential for record-keeping and financial reporting.

Sales invoices: Sales invoices are one of the most common source documents issued by Thandi to her customers. These documents include details such as the customer's name, date of sale, description of goods or services sold, unit price, total price, and any applicable taxes. Sales invoices are important because they provide customers with a detailed breakdown of what they purchased and how much they paid.
Receipts: Receipts are another type of source document that Thandi can issue to her customers. These documents serve as proof of payment and include details such as the date of the sale, the amount paid, and the method of payment. Receipts are particularly useful for customers who need to track their expenses and for Thandi's records as well.
Credit notes: If Thandi needs to issue a refund or credit to her customer, she can issue a credit note. These documents include details such as the customer's name, date of the sale, the original amount paid, and the amount being credited back. Credit notes are essential for record-keeping purposes and ensure that both Thandi and her customer have an accurate record of the transaction.
In conclusion, the source documents that Thandi can issue to her customers include sales invoices, receipts, and credit notes. These documents are essential for record-keeping, financial reporting, and serve as evidence of the transactions made between Thandi and her customers.

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how can person identify whether a company is private company or public company​

Answers

Answer:

The overview of that same problem is defined throughout the explanation segment below.

Explanation:

My understanding would be that privately owned businesses will happily inform anyone who queries. Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.

But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.

anne, the owner of katz sport shop, lends $8,000 to shelley to help her open an art shop. shelley plans to repay anne at the end of eight years with interest compounded semiannually at 8%. at the end of eight years, anne will receive (use the tables in the handbook): multiple choice $16,857 $16,587 $14,984 $14,484 none of these

Answers

Anne lent $8,000 to Shelley to open an art shop. After eight years, Shelley will pay Anne back with 8% interest that is compounded semi-annually. Anne will receive approximately $22,071.39 at the end of eight years. The correct answer is option e, none of these.

To calculate the amount that Anne will receive at the end of eight years with interest compounded semiannually at 8%, we can use the compound interest formula:

A = P(1 + r/n)^(nt),

where A represents the total amount, P represents the principal, r represents the interest rate per compounding period, n represents the number of compounding periods per year, and t represents the number of years.

We know:

Principal amount (P) = $8,000

Interest rate per compounding period (r) = 8% = 0.08

Number of compounding periods per year (n) = 2 (semiannual compounding)

Number of years (t) = 8

Using these values as a substitute in the formula, we obtain:

A = $8,000(1 + 0.08/2)⁽²ˣ⁸⁾.

Using the tables in the handbook, we can calculate the value inside the parentheses:

(1 + 0.08/2)⁽²ˣ⁸⁾ ≈ 2.758924.

Now, we can calculate the final amount:

A ≈ $8,000 * 2.758924 ≈ $22,071.39.

Therefore, at the end of eight years, Anne will receive approximately $22,071.39 (rounded to the nearest dollar). None of the provided multiple-choice options match this amount, so the correct answer would be option e "none of these."

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Answers should be based from modules 1,2,3 and 4. Minimum of 8 sentences
1. How will you develop the right mindset as a new entrepreneur?
2. Trend is a valid source of new business idea. Why?
3. Do you think e-commerce will prosper after the pandemic? Why?
4. Why do you think Jollibee expanded their operations in other countries?
5. How will you measure your success as an entrepreneur?

Answers

1. To develop the right mindset as a new entrepreneur, there are several key steps you can take. First, it's important to cultivate a positive and growth-oriented mindset. This means embracing challenges and setbacks as opportunities for learning and growth. You can do this by setting realistic goals, seeking feedback from mentors and peers, and continuously learning and adapting.

2. Trend can be a valid source of new business ideas because it reflects the changing needs and preferences of consumers. By identifying and capitalizing on emerging trends, entrepreneurs can create products or services that meet current demands. For example, the rise of sustainable living has led to a surge in eco-friendly products and services. By staying informed about trends in your industry, you can spot opportunities for innovation and stay ahead of the competition.

3. E-commerce is likely to prosper after the pandemic for several reasons. Firstly, the pandemic has accelerated the shift towards online shopping as consumers prioritize convenience and safety. This trend is expected to continue even after the pandemic subsides. Additionally, businesses that have successfully adapted to e-commerce during the pandemic are likely to continue investing in their online presence. Lastly, the increased digital literacy among consumers during the pandemic has created a larger customer base for e-commerce businesses to tap into.

4. Jollibee expanded their operations in other countries for several reasons. One reason is to tap into new markets and reach a larger customer base. By expanding internationally, Jollibee can increase its brand presence and attract new customers who may not have been familiar with the brand before. Additionally, expanding globally allows Jollibee to diversify its revenue streams and reduce its dependence on the domestic market. Lastly, expanding internationally can also help Jollibee gain valuable insights and knowledge about different cultures and consumer preferences, which can be leveraged to improve their products and services.

5. Success as an entrepreneur can be measured in various ways. One common measure is financial success, which includes factors such as revenue, profitability, and return on investment. However, success can also be measured by the impact and value created by the entrepreneur's business. This can be seen through customer satisfaction, positive reviews, and testimonials. Additionally, personal growth and fulfillment can be indicators of success. As an entrepreneur, you may measure your success by setting and achieving personal and professional goals, developing new skills, and finding fulfillment in your work.

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A market stall sells bread for £1 a loaf and cookies for 60p each. Yesterday 1000 loaves of bread and 2000 cookies were sold. What was the market stall's revenue?

Answers

Answer: £2200

Explanation:

From the question, we are informed that a market stall sells bread for £1 a loaf and cookies for 60p each and that 1000 loaves of bread and 2000 cookies were sold.

The market stall's revenue would be:

= 1000(£1) + 2000(60p)

= £1000 + 120000p

= £1000 + (120000/100)

= £1000 + £1200

= £2200

The revenue is £2200

Note that 100 pence = 1 pound

Preparing a/an ___________ in a rush without the appropriate level of system integration can be a costly practice.

Answers

Rushing the preparation of an implementation plan without giving due consideration to system integration can have significant cost implications. It is crucial to allocate sufficient time and resources to ensure a thorough understanding of the integration requirements and to develop a comprehensive plan that addresses all necessary aspects for a successful implementation.

Preparing a/an "implementation plan" in a rush without the appropriate level of system integration can be a costly practice. An implementation plan outlines the specific steps, resources, and timelines required to successfully execute a project or initiative. It serves as a roadmap for implementing changes or introducing new systems within an organization.

When an implementation plan is rushed without considering the necessary level of system integration, several challenges can arise. Firstly, inadequate integration can lead to compatibility issues between different systems or components, resulting in data discrepancies, errors, or inefficiencies. These issues can hinder the smooth functioning of processes and negatively impact productivity and customer satisfaction.

Additionally, a rushed implementation plan may overlook crucial dependencies or interdependencies between various elements of the system. This can lead to incomplete or fragmented integration, rendering the system ineffective or inefficient in achieving its intended goals. It may also result in the need for costly fixes or retrofits later on to address the gaps in integration.

Furthermore, a lack of proper system integration can impede communication and collaboration between different departments or stakeholders involved in the implementation process. This can lead to misalignment of efforts, duplication of work, delays, and increased costs.

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