A group of managers meeting to generate a forecast is characteristic of the executive opinion forecasting method.
The executive opinion forecasting method involves a group of managers or executives coming together to collectively generate a forecast. This method relies on the knowledge, expertise, and judgment of these individuals who possess firsthand experience and insights into the industry or market being forecasted.
During an executive opinion forecasting session, managers discuss and analyze relevant information, such as market trends, customer demands, and internal capabilities. They share their perspectives, observations, and expectations to develop a consensus forecast. The process typically involves brainstorming, open discussions, and sometimes voting or weighted opinions to arrive at a forecast that reflects the collective judgment of the managers.
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in a(n) _____, production, sales, and marketing are decentralized and financial management remains the parent company’s responsibility.
In a decentralized structure, production, sales, and marketing are divided into separate units or divisions, each with its own decision-making authority and responsibility. This means that each unit has the freedom to make decisions and carry out operations independently, without constant oversight from the parent company.
However, financial management remains the responsibility of the parent company, which typically provides the necessary resources and support to ensure the success of each unit. This structure allows for greater flexibility and responsiveness to local market conditions and customer needs, while also ensuring overall financial stability and consistency across the organization. In such a structure, communication and coordination among the different units are essential to ensure effective collaboration and maximize overall performance. Overall, a decentralized structure can lead to increased efficiency, innovation, and profitability, but also requires strong leadership and effective management to ensure success.
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On March 1st, Jared buys Matthew's car for $10,000 and they agree that Jared will pay Matthew the full amount by June 1st. Jared begins making payments to Matthew, but on May 1st, Jared still owes Matthew $5000. On May 1st, Jared sells Sarah his motorcycle for $5000. Jared and Sarah agree that Sarah will not pay Jared $5000, but Sarah will instead pay Matthew the $5000 Jared still owes him. Matthew agrees to receive the $5000 from Sarah. After making this agreement, Jared changes his mind and tells Sarah to pay him on May 1st and not Matthew. Can Jared do this
Answer: No, an assignment for consideration is irrevocable
Explanation:
The above scenario explains an assignment. An assignment simply occurs when an individual who is regarded as the assignor, transfers benefits to another person who is the assignee.
With regards to the situation in the question, it is not possible for Jared to change his mind and tells Sarah to pay him on May 1st and not Matthew. This is because this is an assignment for consideration which in this situation is irrevocable. The assignment will be deemed ineffective if the assignor doesn't receive consideration for the agreement.
Which would an economist consider a likely complement for coffee?
a) water
b) tea
c) chicken
d) donuts
Answer:
d donuts
Explanation:
nothing hits more than a nice glazed creamy donut dipped in a steamy hot coffee on the start of a big day
Donuts would an economist consider a likely complement to coffee. Complementary goods are products that are typically consumed together or used in conjunction with each other. The correct option is d.
A complimentary product or service is one that is utilized in conjunction with another. Usually, the complementary good is of little or no benefit when ingested alone.
Tea and coffee are alternatives; doughnuts and coffee are complimentary foods. Products that work well together are said to be complementary. Eggs and bacon, postage stamps, tennis rackets, and tennis balls are all complementing products.
Thus, the ideal selection is option d.
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for kids that dont have enough points for help ik how it feels
Reka Rahim is employed at Damon's Deli. She has family medical coverage through the company's group medical plan. The annual cost of Reka's family coverage is $12,800. The company pays 80% of the cost. How much is deducted from her biweekly paycheck for medical insurance?
Answer:
$98.46 per biweekly payment
Explanation:
the total cost of Reka's health insurance = $12,800
her employer pays = $12,800 x 805 = $10,240
Reka must pay = $12,800 - $10,240 = $2,560
there are 52 weeks in a year, so Reka receives 52 / 2 = 26 biweekly payments
amount deducted per biweekly payment = $2,560 / 26 = $98.46
Case Study 1: Sustaining Success at St. Stevens Community College
Emma Barnes is a senior administrator at St. Stevens Community College (SSCC), and she has recently been asked to assess the sustainability of SSCC’s strategic mission and to develop a long-term plan for SSCC to overcome any pending challenges and capitalize on any potential opportunities. Established in 1965, SSCC is a midsized community college serving the local population that partners with students to maximize their college experience. SSCC’s competitive advantage is to be a high-quality educational option for diverse students at an affordable price and to serve a valuable role in the community. It provides small classes, cutting-edge classrooms, and great resources to enable students to get the most out of their educational experience. Based on all assessments, SSCC has been successful. In its 50-plus years, it has grown to more than 12,000 students and enjoys financial profits with enough funds to reinvest in maintaining the administrative infrastructure of the college, enhancing the technology in the classrooms, and bolstering the quality of the athletic facilities.
Despite the college’s success, Emma is worried that it may be experiencing the calm before the storm. There are several reasons for her concerns. First, many members of the faculty are approaching retirement age, and hiring faculty replacements is difficult because newly minted Ph.D.’s have many options for employment. Moreover, newhires are demanding salaries that are above what SSCC is typically able to afford. The quality of the faculty is a key attraction for students, and Emma worries that SSCC may not be able to maintain the level of education that it offers without planning now for the future. In addition, there has been a growing increase in the number of students who have decided to pursue distance education rather than attend community college, with the goal to attend a four-year university after the completion of an associate degree online. Finally, the composition of the student population continues to become increasingly diverse in terms of gender, race, national origin, and age. While everyone at SSCC agrees that it is a great asset, Emma wonders what implications the increased diversity of the student body might have for how SSCC moves forward.
While everything seems to be fine, Emma is determined to develop a plan to ensure that SSCC is able to take advantage of its opportunities and minimize its constraints. The problem is that she doesn’t have a clear answer for how do so.
Questions
1. What is your assessment of the organizational and environmental challenges facing SSCC?
2. Which of these HR challenges would you view as most important and least important for Emma to consider as she develops a plan for the future?
3. Given your assessments of these challenges, what recommendations would you make to move forward in a way that ensures that SSCC is able to sustain its strategy of high-quality education at affordable prices? Explain the logic behind how you ranked the HR challenges.
The main challenge facing SSCC is the impending retirement of faculty members, increasing diversity of student population, and the growing preference for distance education, all of which threaten the sustainability of the college's mission.
What are the main challenges faced by SSCC?1. The organizational and environmental challenges facing SSCC include an aging faculty, difficulty in hiring replacements due to demand for higher salaries, increased competition from online education options, and a diverse student population. These challenges could potentially threaten SSCC's competitive advantage of providing high-quality education at an affordable price. Additionally, SSCC must navigate a constantly changing landscape of regulations, funding, and technology in higher education.
2. The most important HR challenge for Emma to consider is the need to maintain the quality of the faculty. As the quality of the faculty is a key attraction for students, SSCC must continue to hire and retain top-quality faculty to remain competitive. The least important challenge would be the diverse student population, as this is an asset to the college rather than a challenge. While it may require adjustments to teaching and administrative practices, it does not pose a significant threat to the college's strategy.
3. To address the challenges facing SSCC, I would recommend several actions. Firstly, SSCC should create an attractive compensation package to attract and retain high-quality faculty members. This may include offering competitive salaries, flexible schedules, and professional development opportunities. Secondly, SSCC should consider expanding its online course offerings to remain competitive with other online education options. This will require investing in technology and resources to ensure that online students receive a high-quality education. Finally, SSCC should continue to celebrate and support the diversity of its student population by providing resources and support to meet the unique needs of its students.
In terms of ranking the HR challenges, I would prioritize maintaining the quality of the faculty as the most important, followed by the need to adapt to the growing demand for online education options. The challenge of a diverse student population, while still important, is less urgent and can be addressed through ongoing efforts to support and celebrate diversity.
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in which step of the risk management process do you classify risks from trivial to severe? a. risk consequence b. risk identification c. risk mitigation d. risk exposure e. risk monitoring
The step of the risk management process where you classify risks from trivial to severe is risk consequence.
This step involves analyzing the potential impact of each risk on the organization's objectives and goals. The impact can be classified as low, moderate, high, or extreme, depending on the severity of the consequences of the risk. The classification of risk consequences is crucial in determining which risks require more attention and resources for mitigation. Risks with severe consequences are usually given top priority in the risk management process, while trivial risks may not require any action.
Once risks have been classified according to their consequences, the risk management team can proceed to develop risk mitigation strategies to reduce the likelihood and impact of the high and extreme risks. Risk monitoring is also essential in this step as it allows the team to track changes in the risk environment and adjust their strategies accordingly.
Therefore, risk consequence analysis plays a critical role in the risk management process by ensuring that resources are allocated appropriately and that the organization's objectives are protected from potential harm.
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If you invest $100 in a Roth IRA and earn 5% per year for 3 years, how much would it be worth at the end of three years?
If you invest $100 in a Roth IRA and earn 5% per year for 3 years, after 3 years you will get amount of $116.
The word "invest" may be described as follows: Devoting time or different assets towards attaining a goal. Using cash or capital to shop for an asset with the wish that the cost of that asset will boom and provide you with the possibility to promote at a profit.
Investing is a powerful manner to place your cash to paintings and doubtlessly construct wealth. Smart making an investment might also additionally permit your cash to outpace inflation and boom in cost. The more increase capability of making an investment is in the main because of the strength of compounding and the risk-go back tradeoff.
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Note:A= 22 , B= 2594 , C= 594 , D= 94 , E=4----------------5) a. Suppose that you have a plan to pay RO B as an annuity at the end of each month for A years in the Bank Muscat. If the Bank Muscat offer discount rate E % compounded monthly, then compute the present value of an ordinary annuity. (6 Marks) b. If you have funded RO (B × E) at the rate of () % compounded quarterly as an annuity to charity organization at the end of each quarter year for C months, then compute the future value of an ordinary annuity. (6 Marks) c. If y = (Dx² - 2x) (4x + Dx²), dy i. Find the (10 Marks) dx ii. Find first derivative, second derivative and third derivative for y by using MATLAB. (15 Marks)
a. To compute the present value of an ordinary annuity, we can use the formula:
PV = R * [1 - (1 + i)^(-n)] / i
where PV is the present value, R is the payment amount at the end of each month, i is the discount rate per period (compounded monthly), and n is the total number of periods.
In this case, R = RO B = 2594, i = E% = 4%/100 = 0.04 (monthly rate), and n = A * 12 months.
Substituting the values into the formula, we have:
PV = 2594 * [1 - (1 + 0.04)^(-A * 12)] / 0.04
b. To compute the future value of an ordinary annuity, we can use the formula:
FV = P * [(1 + i)^n - 1] / i
where FV is the future value, P is the funded amount, i is the interest rate per period (compounded quarterly), and n is the total number of periods.
In this case, P = RO (B × E) = 2594 * 0.04 = 103.76, i is the quarterly interest rate, and n = C/3 quarters.
Substituting the values into the formula, we have:
FV = 103.76 * [(1 + i)^(C/3) - 1] / i
Note: The question does not provide the value for the interest rate, so it needs to be specified to calculate the exact future value.
a. The present value of an ordinary annuity represents the current worth of a series of future cash flows. By discounting the payments at the given interest rate, we can determine their value in today's terms. In this case, we calculate the present value of the annuity in the Bank Muscat by using the formula and substituting the provided values.
b. The future value of an ordinary annuity represents the accumulated worth of a series of payments over a specific period. By compounding the payments at the given interest rate, we can determine their value at the end of the specified period. In this case, we calculate the future value of the annuity to be donated to a charity organization by using the formula and substituting the provided values. Note that the exact value depends on the interest rate, which is not provided in the given question.
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A transaction will only happen if and only if the price is between:
The buyer’s value and the buyer’s outside option
The buyer’s value and the seller’s outside option
The buyer’s value and the seller’s cost of production
The buyer’s outside option and the seller’s outside option
The buyer’s outside option and the seller’s cost of production
A transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
Let's break down the options to understand why this is the correct answer:
- Option 1: The buyer's value and the buyer's outside option. This option doesn't make sense because the buyer's outside option is not directly related to the transaction. The buyer's outside option refers to an alternative choice the buyer has if the transaction doesn't occur, and it is not directly involved in determining the price of the transaction.
- Option 2: The buyer's value and the seller's outside option. This is the correct answer. The buyer's value represents the maximum amount the buyer is willing to pay for the item or service. The seller's outside option refers to an alternative choice the seller has if the transaction doesn't occur. For a transaction to happen, the price needs to fall between the buyer's value and the seller's outside option. This ensures that both the buyer and seller find the transaction mutually beneficial.
- Option 3: The buyer's value and the seller's cost of production. This option doesn't capture the buyer's perspective accurately. The buyer's value is the maximum price the buyer is willing to pay, whereas the seller's cost of production is the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
- Option 4: The buyer's outside option and the seller's outside option. The buyer's outside option is not directly involved in determining the price of the transaction. It refers to an alternative choice the buyer has if the transaction doesn't occur. The seller's outside option also refers to an alternative choice the seller has if the transaction doesn't occur. However, the price of the transaction is determined by the buyer's value and the seller's outside option, not the outside options of both parties.
- Option 5: The buyer's outside option and the seller's cost of production. The buyer's outside option is not directly involved in determining the price of the transaction. The seller's cost of production refers to the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
Therefore, the correct answer is: The transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
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How does the journal entry for a retired asset differ from the journal entry for an asset that is sold?.
A journal entry should be made with the heading "Profit on sale of fixed assets to be booked and the sold assets removed from the "Fixed Assets Register." Gain or Loss on Retirement is calculated as follows: Asset Cost, Proceeds from Sale, Removal Cost, Net Book Value Retired, plus Revaluation Reserve Retired.
The journal entry value of an asset must be eliminated from the balance sheet when it is retired, sold, donated, or otherwise disposed of. The procedure considers the asset's initial purchase price, current book value, amount depreciated during the asset's life, and any cash received. Debit all accrued depreciation, credit the fixed asset, and credit the gain on sale of asset account when there is a gain on the sale of a fixed asset.
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Which of the following is true about tame and wicked problems? Not yet answered Points out of 1.00 P Flag question Select one: O A. An example of a tame problem would be getting doctors to embrace teamwork, while getting nurses to embrace teamwork would be a wicked problem O B. Tame problems are easily defined, while wicked problems are difficult to define and hard to resolve. O C. Tame problems are solved in a minute, while wicked problems are nasty and take far longer. OD. Tame problems exist wherever health care managers are found, while wicked problemsa re rarely seen in real life. O E. None of these is correct.
Option B is true about tame and wicked problems. Tame problems are those that can be easily defined, while wicked problems are complex, difficult to define, and hard to resolve.
Tame problems are usually simple and well-defined, with clear solutions that can be implemented easily. These problems can be solved using standard procedures, established protocols, and known methods. Examples of tame problems in healthcare may include ordering medical supplies, scheduling appointments, or managing staff shifts.
On the other hand, wicked problems are complex, multi-faceted, and involve many stakeholders with different perspectives and interests. These problems are often interconnected, with no clear cause-and-effect relationships, making them difficult to define and even harder to solve. Examples of wicked problems in healthcare may include reducing healthcare costs while improving quality, or managing chronic illnesses in an aging population.
In conclusion, while tame problems are straightforward and easily solved, wicked problems are complex and require a collaborative, multi-disciplinary approach to find a workable solution. Therefore, it is essential to identify and differentiate between the two types of problems to effectively manage healthcare challenges.
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Please help I don’t understand 100 points
3. Prepare a T account for each transaction. Label the account title for each account affected. Use the chart of accounts you created in Question 1. Write the debit and credit amounts for each T account to show how the accounts are affected. The first one is done for you.
a. Start Microsoft Excel, and open the BUS113_03_05.xlsx file from C:\ACTT1\Data\Unit_3.
b. Click the File tab, and click Save As. Save the file to C:\ACTT1\Student\Unit_3.
c. Received cash from owner, Roger Fisher, as an investment, $10,000.00.
d. Paid cash for insurance, $2,400.00.
e. Bought supplies on account from Boats Wholesale, $1,500.00.
f. Sold services on account to Salmon Slayers, $600.00.
g. Paid cash for fuel, $500.00.
h. Paid cash to owner, Roger Fisher, for personal use, $1,250.00.
i. Save and close the spreadsheet.
j. Submit your file to your instructor for grading.
The preparation of a T-account for each transaction is as follows:
CashAccount Titles Debit Credit
c. Capital, Roger Fisher $10,000
d. Insurance Expenses 2,400
g. Fuel Expenses 500
h. Withdrawal, Roger Fisher 1,250
Capital, Roger FisherAccount Titles Debit Credit
c. . Cash $10,000
Insurance ExpensesAccount Titles Debit Credit
d. Cash $2,400
SuppliesAccount Titles Debit Credit
e. Accounts Payable (Boats
Wholesale) $1,500
Accounts PayableAccount Titles Debit Credit
e. Supplies $1,500
Accounts ReceivableAccount Titles Debit Credit
f. Services Revenue $600
Services RevenueAccount Titles Debit Credit
f. Accounts Receivable $600
Fuel ExpensesAccount Titles Debit Credit
g. Cash $500
Withdrawals, Roger FisherAccount Titles Debit Credit
h. Cash $1,250
What is a T-account?A T-account is an informal accounting term that describes a ledger account used to post business transactions after being recorded in journals.
T-accounts subsist on the double-entry system of accounting where a transaction has debit and credit aspects.
Transaction Analysis:c. Cash $10,000 Capital, Roger Fisher $10,000
d. Insurance expenses $2,400 Cash $2,400
e. Supplies $1,500 Accounts Payable (Boats Wholesale) $1,500
f. Accounts Receivable (Salmon Slayers) $600 Services Revenue $600
g. Fuel $500 Cash $500
h. Withdrawal, Roger Fisher $1,250 Cash $1,250
Thus, the transactions from c to h have been recorded in their T-accounts.
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A newspaper headline writer found that the more adjectives she put in the titles of her articles, the greater the number of newspapers that were sold that day. This relationship between numbers of adjectives and newspaper sales must be:
Answer:
Positive.
Explanation:
A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.
On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.
This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing
In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.
a unique aspect of occupational fraud is: multiple choice the misuse of company assets the falsification of financial statements the failure to disclose full and complete information the failure to resolve conflicts of interest
A unique aspect of occupational fraud is the failure to resolve conflicts of interest.
While other forms of fraud such as the misuse of company assets or the falsification of financial statements are more commonly known, conflicts of interest are often overlooked as a source of fraud.
Conflicts of interest occur when an individual's personal interests or relationships interfere with their ability to act in the best interests of their employer.
This can lead to a variety of fraudulent activities such as the awarding of contracts to friends or family members, the manipulation of financial data to benefit a personal investment or the acceptance of gifts or favors in exchange for business decisions.
Addressing and preventing conflicts of interest is an important step in creating a culture of integrity within an organization and reducing the risk of occupational fraud.
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It is recommended that an entrepreneur avoid using the internet as a resource for finding information to write a business plan because the information found there is often incorrect and unreliable.
False
It is recommended that an entrepreneur avoid using the internet as a resource for finding information to write a business plan because the information found there is often incorrect and unreliable. FALSE
An entrepreneur is a person who has an concept and who works to create a product or service that humans will buy, in addition to an business enterprise to assist that effort. An entrepreneur takes on most of the hazard and initiative for his or her new business, and is regularly visible as a visionary or innovator.
The entrepreneur is defined as a person who has the ability and choice to establish, administer and succeed in a startup task along side chance entitled to it, to make profits. The pleasant instance of entrepreneurship is the starting of a new business venture.
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Which of the following refers to analyzing what customers think of your brand?
Brand audit
Brand equity
Brand positioning
Brand survey (Not the answer)
Answer:
Brand survey.
Explanation:
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Similarly, secondary market research can be defined as a method designed to determine the demographics of a particular target market.
Hence, brand survey is a form of market research and analysis that involves making inquiries from the users of a company's product to find out whether or not they are satisfied and to determine how to better the service and product.
This ultimately implies that, brand survey is a strategic process that typically involves analyzing what your customers think of your brand.
Answer:
Brand Equity
Explanation:
Just took the test
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhat is the interest earned in a savings account after 12 months on the balance of $1000 if the interest rate is 1% APY compounded yearly
The the interest earned in a savings account after 12 months on a balance of $1000, with a 1% APY compounded yearly, is $10.
How to calculate the interest earned in a savings accountUsing the formula for compound interest:
A = P(1 + r/n)^(n*t)
Given:
P = $1000
r = 0.01 (1% in decimal form)
n = 1 (compounded yearly)
t = 1 year
Substituting the values into the formula:
A = 1000(1 + 0.01/1)^(1*1)
A = 1000(1.01)^1
A = 1000(1.01)
A = 1010
The final amount after 12 months is $1010.
To find the interest earned, we subtract the initial balance from the final amount:
Interest earned = A - P
Interest earned = $1010 - $1000
Interest earned = $10
Therefore, the interest earned in a savings account after 12 months on a balance of $1000, with a 1% APY compounded yearly, is $10.
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Question 16 of 20
Which of these is an example of something affected by contract law?
A. A patent
B. A license
C. A trademark
D. Due process
A license is an example of something affected by contract law. Hence, option C is correct.
What is contract law?The main goal of contract law is to connect an agreement reached between two or more parties and the realities of the outside world. It will be your responsibility to do everything in your power to protect your clients' best interests.
A contract is an agreement between parties that establishes legal duties for both parties. The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer,
A contract must contain several characteristics in order to be legitimate and recognized by the common law, including an offer, acceptance, consideration, the desire to establish legal relations, authority and ability, and certainty. Without these components, a contract is not enforceable by law and cannot be relied upon.
Thus, option C is correct.
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Answer: A license
Explanation:
The answer is B. A license
Q 4. 25: in december 2018, connoisseur catering provides all the food, drinks, and waitstaff for ace industries' annual holiday party. Connoisseur's total expenses related to this job are $9,000. Connoisseur bills ace $15,000 for the job but does not receive payment until january 15, 2019. Connoisseur opts to record all revenues and expenses related to this job on a cash basis rather than an accrual basis. In this scenario, connoisseur will show
In this scenario, the connoisseur will show a revenue of $15,000 and an expense of $9,000 in 2018, as they recorded the transaction on a cash basis.
On a cash basis of accounting, transactions are recorded when the cash is received or disbursed, rather than when the goods or services are provided. In this case, Connoisseur Catering provided the food, drinks, and waitstaff for Ace Industries' annual holiday party in December 2018. However, they did not receive payment until January 15, 2019. Therefore, under the cash basis of accounting, Connoisseur Catering will recognize the $15,000 in revenue in its financial statements for 2018, when the payment was received. They will also recognize the $9,000 expense in their financial statements for 2018 when the payment was made.
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Why is Berkshire Hathaway underpreforming?
Answer:
no sales
Explanation:
Which is a typical occurrence in a free enterprise system?
a: a person chooses to start a new restaurant
b: a person is told by the government to manufacture cups
c: a person is prevented by authorities from opening a dry cleaner
d: a person uses a traditional method of farming
The correct answer is a: a person chooses to start a new restaurant. A free enterprise system, also known as a capitalist or market economy.
A free enterprise system, also known as a capitalist or market economy, is an economic system in which individuals and businesses are free to produce and exchange goods and services in a competitive market without significant government intervention. In a free enterprise system, individuals have the freedom to pursue their economic self-interest, make choices, and take risks.
Therefore, it is a typical occurrence in a free enterprise system for a person to choose to start a new business, such as a restaurant. This person would be free to make decisions about the type of food they serve, the prices they charge, and how they market their restaurant, among other factors. This person would also be responsible for managing the risks and rewards associated with their business venture.
In contrast, options b and c involve government intervention in the economy, which is not a typical occurrence in a free enterprise system. Option d, using a traditional method of farming, is not necessarily indicative of a free enterprise system, as the economic system in a particular country can vary based on a variety of factors beyond the type of farming methods used.
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Select the correct answer.
James has set the goal of achieving all "A"s during this year of school. Which term best describes this goal?
O A long-term goal.
OB. short-term goal
OC. self-goal
OD inner goal
Answer:
OB. short-term goal
Explanation:
One way of categorizing goals is by the time set to achieve them. Under this grouping, goals are either long-term goals or short -term goals.
Short-term goals are the goals set to be achieved within one year. These goals can be accomplished within a day, one week, a few weeks, a month but not more than 12 months. James intends to score A'' this year. This goal is set to be achieved with one year; hence it is a short-term goal.
Long-term goals take one year and beyond to accomplish.
What amount of capital could be raised by Shoprite
The amount of capital that Shoprite can raise is dependent on various factors. It is to be noted however that "Shoprite Checkers will contribute R888 million, allowing the Shoprite Employee Trust to subscribe for 10% of the stocks, with Shoprite Checkers funding the remaining shares on a notional basis.
Who is Shoprite?Shoprite Holdings Limited is an investment holding company established in South Africa.
The business is a fast-paced consumer products store.
Its primary activity is food retailing, which is supplemented by furniture, medicines, hotels, tickets, digital commerce, financial services, and cellular facilities.
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Do attractive employee pay and benefit compensation packages impact employees forming a labor union?
If the Retained Earnings balance at the end of year three is $1,000, what was the total amount of dividends paid over these three years
Based on these scenarios, the total amount of dividends paid over the three years could be between $4,000 and $14,000. The exact amount will depend on the actual net income for each year.
The Retained Earnings balance at the end of year three is $1,000. We need to find out the total amount of dividends paid over these three years. In order to find the total amount of dividends paid over these three years, we will use the formula: Dividends Paid = Net Income - Retained Earnings
Since Retained Earnings at the end of year three is $1,000, we know that this amount comes from net income minus dividends paid over the three years.
Therefore, Dividends Paid = Net Income - Retained Earnings= Net Income - $1,000
Since we do not have any information about net income, we cannot calculate the exact amount of dividends paid. However, we can provide a possible range of values for dividends paid based on different net income scenarios.
Let's assume that the net income over the three years was $5,000, $10,000, and $15,000 respectively.
Then, using the formula above, we get:
Dividends Paid = Net Income - $1,000= $5,000 - $1,000 = $4,000 (minimum possible dividends paid)= $10,000 - $1,000 = $9,000 (medium range of dividends paid)= $15,000 - $1,000 = $14,000 (maximum possible dividends paid)
Based on these assumptions, the total amount of dividends paid over the next three years might range between $4,000 and $14,000. The precise amount will be determined by the actual net income for each year.
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Distinguish between medium and higher level education with
illustration.
medium level profession can be defined as some one who has moved past entry level but isn't nearing the end . whereas high level profession means a person has moved past entry level and also has reached the end.
Goods sold to Seema for Rs. 4,000 and received Rs. 1,000 as partial payment.
Am I beautiful please give a honest reply.
Answer:
ive never met you but your always pretty on th einside :3
Explanation:
yes you are queen dwell on the beauty of life. Watch the stars, and see yourself running with them.