The risk management approach for using ways to place the risk of liability on another, often through leases and contracts is known as risk transfer.
Risk transfer is a method in which the risk of a possible loss is moved from one party to another, as a way to mitigate the potential for loss. The individual transferring the risk may be able to transfer it to another party because of the terms of a contract or lease that are established between the parties involved.
Risk transfer can be an effective method of managing risk, as it allows the party with the least ability to manage the risk to transfer it to the party with the most ability to manage it. It is crucial to identify the various risks that may arise when entering into any contract or lease arrangement, to determine the risk transfer requirements that are required to protect the party from possible losses.
Therefore, in summary, the risk management approach for using ways to place the risk of liability on another, often through leases and contracts is referred to as risk transfer.
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What are two similarities between Mixed economy and Traditional economy?
Help please!
Answer:
where the production and distribution of goods is based on custom and cultural traditionsExplanation: because
What is the purpose of paying interest?
You pay interest when you borrow money. A lender who makes a loan earns money from interest added in loan amount. Interest rates have an impact on how you pay for houses, vehicles, and credit-based transactions.
What is loan interest?Interest is the fee paid for having access to borrowed funds.
While the interest rate used to compute interest is often reported as an annual percentage rate, interest expense or revenue is sometimes expressed as a dollar figure (APR).
The compensation a lender or financial organisation receives for giving out money is called interest.
The percentage of a stockholder's ownership in a corporation that is also referred to as interest.
The length of the loan, the type of loan, or the borrower's creditworthiness are frequently factors that affect the amount of interest that must be paid.
When all else is equal, interest and interest rates are higher because there is a greater chance that the borrower won't be able to make payments.
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which of the following is the best example of an individual product? group of answer choices 6 types of cars 3 types of fruit pears six brands of cookies a 12 oz. size of pert plus
12 oz. size of pert plus is the best example of an individual product.
Setting the appropriate product characteristics is the first step in individual product choices. Branding must be done correctly for the product to stick out from the competitors. The merchandise must be well-packaged to be protected during delivery. Labeling should be done in a distinctive manner that conveys all relevant product information and draws in consumers. To improve client satisfaction and obtain a competitive edge, product-support services are necessary. The salesman needs to spell out exactly what advantages his product offers. Products' quality, features, and design all contribute to and show the advantage. Consumer responses to a product are significantly influenced by product feature choices.
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Which one of the following parts of the financial system is responsible for making sure that the elements of the system operate in a safe and reliable manner?
a. financial markets
b. money
c. financial institutions
d. regulatory agencies
d. Regulatory agencies are responsible for making sure that the elements of the system operate in a safe and reliable manner.
The financial system is a complex network of institutions, markets, and intermediaries that facilitate the flow of funds between savers and borrowers. It plays a critical role in the economy by allocating resources to their most efficient uses, facilitating economic growth, and providing individuals and businesses with access to the financial services they need.
One of the key roles of the financial system is to ensure the safe and reliable operation of its components. This includes making sure that financial markets are transparent, efficient, and fair; that financial institutions are stable and secure; and that individuals and businesses have access to a reliable and trustworthy money supply.
While all parts of the financial system play a role in maintaining safety and reliability, regulatory agencies are primarily responsible for this function. Regulatory agencies are government bodies that oversee and enforce rules and regulations designed to ensure the stability and security of the financial system.
They are responsible for supervising financial institutions, enforcing rules governing financial markets, and protecting consumers from fraud and abuse.
In summary, the financial system plays a critical role in the economy, and its safe and reliable operation is essential for economic growth and prosperity. While all parts of the financial system play a role in maintaining safety and reliability, regulatory agencies are primarily responsible for ensuring that the system operates in a safe and secure manner.
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A selection committee helps to select what as it pertains to hiring
The answer is New Employees, A selection committee helps to select new employees as it pertains to hiring.
Does hiring entail payment?When you hire someone, you put them to work for you or pay them to perform a specific task. When you hire something, you give the owner money in exchange for the right to use it for a specific amount of time.
What distinguishes hiring from recruitment?Despite the fact that these phrases are occasionally used synonymously, they differ significantly. When a position needs to be filled, hiring takes place. Recruitment is the process of luring outstanding people to your company.
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Short notes on these
Definition of Accounting
Qualitative Characteristics of Accounting Information
Users of Accounting Information
Accounting is a systematic process of recording, summarizing, analyzing, and interpreting financial transactions of a business or organization. It involves the measurement, processing, and communication of financial information to stakeholders, facilitating decision-making, and providing a basis for evaluating the financial performance and position of the entity.
Qualitative Characteristics of Accounting Information:
The qualitative characteristics of accounting information refer to the attributes that make financial information useful and reliable. The two primary qualitative characteristics are:
a. Relevance: Information is relevant if it has the potential to influence the decisions of users by providing useful insights into the entity's financial performance, position, or future prospects. Relevant information should be timely, have predictive or confirmatory value, and be material enough to impact decisions.
b. Reliability: Reliable information is free from bias, faithfully represents the economic substance of transactions and events, and can be depended upon by users to make decisions. Reliability is achieved through the qualities of verifiability, neutrality, and faithful representation.
Users of Accounting Information:
Various stakeholders rely on accounting information to make informed decisions. Some key users of accounting information include:
a. Internal Users: These include managers, executives, and employees within the organization who utilize financial information to assess performance, plan and control operations, and make strategic decisions.
b. External Users: External users are individuals or entities outside the organization who require financial information for different purposes. They include investors, shareholders, creditors, lenders, government agencies, regulatory bodies, customers, suppliers, and the general public.
Accounting is the process of recording, summarizing, and communicating financial information. The qualitative characteristics of accounting information, relevance and reliability, ensure that the information is useful and trustworthy. Users of accounting information include both internal and external stakeholders who rely on financial data for decision-making and evaluation. Understanding these fundamental concepts helps ensure the effective use of accounting information in various business contexts.
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How can a user change the range of cells that a Conditional Formatting rule applies to?
Clear the rule first and reapply it as it cannot be modified.
In the Conditional Formatting Rules Manager dialog box, edit the cell range for the rule in the Applies To section.
Clear all rules that have been applied to the worksheet or selected range by clicking on the Clear Rules button.
Right-click the cell range and select Update Conditional Formatting Rule from the menu list.
Which argument is not a valid filter?
Does not equal
This quarter
Filter by cell color
All of these are valid filter arguments.
Alex needs to create a function capable of counting item reference numbers that he is inserting into a spread sheet. The purpose of this function will be to keep track of inventory. How would Alex go about finding a function to do this?
Click the Home tab and use the Find & Select function to look for a function that counts items.
Access the Find dialog box using Ctrl + F to look for a function that counts items.
Press Shift + F3 to access the Insert Function dialog box to look for a function that counts items.
Enter the item reference numbers into the worksheet, and click the Sort button to count the items.
Which type of chart is most useful when a user is trying to visually represent sets of data as parts of a whole, such as product categories within total sales?
doughnut chart
bubble chart
pie chart
area chart
Top/Bottom Rules allow a user to apply conditional formatting to cells that fall within the top or bottom numbers or percentile. How many items will it allow the user to include in the rule?
the top or bottom 10 items or top or bottom 10% only
the top 10 items and top 10% only
the top or bottom 100 items only
any logical number of items or percentages in top or bottom value frames
What is the first step to creating a PivotTable?
Click the Insert Tab and insert a PivotTable.
Create or select data that needs to be analyzed.
Decide on which fields (column and row labels) to use to analyze the data.
Format the worksheet and click Insert Table.
Walt has selected data in a worksheet and inserted a chart. However, the chart is inserted right on top of the data set, and he cannot see the data. How should Walt most efficiently fix this situation?
Cut and paste the chart to a different worksheet or to a different part of the current worksheet.
Delete the current chart and first select a blank sheet or space before inserting the chart again.
Right-click the chart and select Move Below Data Table from the menu list.
Click View and zoom into the worksheet so the chart is easily visible.
How can a user remove or delete a PivotTable?
Select the PivotTable and click Clear All in the Actions group under the Options tab on the PivotTable Tools contextual tab.
Delete the worksheet that contains the PivotTable.
Select the columns and/or rows containing the PivotTable, and press Delete on the keyboard.
All of the options described are correct.
Which phrase is a comparison operator for inserting a not equal to argument in an IF, COUNTIF or SUMIF function?
<=
<>
><
>=
Which method is used to edit a function that has been created and inserted into a cell?
Double-click the cell containing the function, and make amendments to the function within the cell.
Click the cell containing the function, and click in the Formula Bar to make amendments to the function.
Click the cell containing the function, and click on the fx symbol to the left of the Formula Bar to launch the Function Arguments dialog box where amendments can be made.
All of the above methods can be used to edit a function that has already been inserted into a cell.
Where are the options to add or remove the background color of a chart located in Excel 2016?
under the Design tab in the Chart Layouts group
under the Design tab in the Chart Styles gallery
under the Format tab in the Shape Styles group
under the Layout tab in the Insert group
When a user inserts a PivotTable, where will it be inserted?
below the last row of data in the worksheet
next to the last column of data in the worksheet
above the first row of data in the worksheet
depends on whether the PivotTable is inserted into the current worksheet or a new worksheet and the current location of the cursor
What is not an option in the PivotTables Fields list?
Column labels
Report Filter
Values
Formulas
The way that user change the range of cells that a Conditional Formatting rule applies to Clear all rules that have been applied to the worksheet or selected range by clicking on the Clear Rules button.
What is Conditional Formatting?Conditional producing publications with computer software rule: The term "conditional producing publications with computer software rule" is described as a method that allows an individual to request formatting automatically, for instance, data bars, banner, and icons, etc., to individual or more than individual cells on the base of the cell advantage.
To remove conditional producing publications with computer software from specific containers, select the cells, click intensely Analysis button, and click Clear Format. To away all conditional producing publications with computer software from the entire worksheet,click the Conditional Formatting fastener on the HOME tab, point to Clear Rules, and click Clear Rules from Entire Sheet.
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Gaby lives one hour away from work and wants to make the most of her commute time to work on her business plan for her side hustle. Which mode of transportation makes the most sense for her while also saving on commute costs?
Answer: Taking the train.
Explanation:
The options to the question include:
a. Driving her car
b. Biking to work
c. Taking an Uber
d. Taking the train
Since Gaby lives one hour away from work and wants to make the most of her commute time to work on her business plan for her side hustle while also saving for commute cost, the ideal mode of transportation that she should use is the train.
Driving her car to work, biking to work or taking an Uber will be costlier than taking a train which is quite cheaper when compared to others.
The price p and the quantity x sold of a small flat-screen television set obeys the demand equation below. a) How much should be charged for the television set if there are 70 television sets in stock? b) What quantity x will maximize revenue? What is the maximum revenue? c) What price should be charged in order to maximize revenue? p=−.14x+196
a) The price that should be charged for the television set when there are 70 sets in stock is $186.20.
b) The quantity that maximizes revenue is approximately 700 units, and the maximum revenue is approximately $68,600.
c) The price that should be charged in order to maximize revenue is approximately $98.
a) To determine the price when there are 70 television sets in stock, we need to substitute x = 70 into the demand equation and solve for p:
p = -0.14x + 196
p = -0.14(70) + 196
p = -9.8 + 196
p = 186.2
Therefore, the price that should be charged for the television set when there are 70 sets in stock is $186.20.
b) To find the quantity x that maximizes revenue, we need to find the value of x that corresponds to the maximum point on the revenue curve. Revenue is calculated by multiplying price (p) by quantity (x), so the revenue equation is given by:
Revenue = px
Substituting the demand equation into the revenue equation, we get:
Revenue = (-0.14x + 196)x
Revenue = -0.14x^2 + 196x
To find the quantity x that maximizes revenue, we can use calculus. Taking the derivative of the revenue equation with respect to x and setting it equal to zero, we can find the critical point:
d(Revenue)/dx = -0.28x + 196 = 0
-0.28x = -196
x = -196 / -0.28
x ≈ 700
So, the quantity x that maximizes revenue is approximately 700 units.
To find the maximum revenue, we substitute this value of x back into the revenue equation:
Revenue = -0.14(700)^2 + 196(700)
Revenue ≈ $68,600
Therefore, the maximum revenue is approximately $68,600.
c) To find the price that should be charged in order to maximize revenue, we substitute the value of x = 700 into the demand equation:
p = -0.14(700) + 196
p ≈ $98
Therefore, the price that should be charged in order to maximize revenue is approximately $98.
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__________ are distribution channel firms that help the company find customers or make sales for them.
Wholesalers and retailers are distribution channel firms that help the company find customers or make sales for them.
Instead of selling to consumers, a wholesaler offers products to other retail establishments. Business-to-consumer (B2C) firms include retailers. This implies that consumers can directly buy the goods that retailers sell. Wholesalers are businesses that conduct business with other businesses (B2B).
In plain English, a wholesaler purchases a product in bulk from the producer and then sells it to the retailer, who in turn sells it to the final consumers. The primary goal of a wholesaler is to sell products to retailers or businesses so that they can resell them.
Christmas tree wholesalers purchase from farmers and distribute to retail establishments.
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1. Who is legally responsiblefor the bills?Who is ethically responsible?2. What is the social policy behind therequirement of notice prior totermination of a principal-agentrelationship?3. DoesETHICAL DILEMMA When Should an Agent's Power to Bind His Principal Terminate? supply bills from April through November 2014, but when his funds were low in December, he charged the flowers to GHFI. GH
Legal and ethical responsibilities and the social policy behind the termination of principal-agent relationships.
Let me address them concisely:
1. In the given situation, the person who is legally responsible for the bills is the principal (GHFI) as they agreed to cover the expenses during the mentioned period. Ethically, the agent (the person who charged the flowers) should be responsible since they incurred the charges knowing that their funds were low.
2. The social policy behind the requirement of notice prior to the termination of a principal-agent relationship is to ensure fairness, transparency, and to protect the interests of both parties. Providing notice allows the parties to make necessary arrangements, find alternative solutions, and minimize potential conflicts or harm to the business or the individuals involved.
3. An agent's power to bind their principal should terminate when the principal's best interests are no longer being served or when the agent acts in a manner that conflicts with the principal's objectives. In the case of the ethical dilemma you mentioned, if the agent's actions resulted in a significant negative impact on GHFI, it may be appropriate to consider terminating the agent's power. However, this decision should be made after carefully evaluating the specific situation and considering factors such as the agent's intent, the impact on the principal, and any relevant legal or contractual obligations.
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Maxine and her friend Alice share a love of listening to music from England. They spend
plenty of sleepovers listening to their favorite bands and are always sharing new songs or
artists with each other.
One day, Alice excitedly tells Maxine her dad bought her tickets to a huge music festival in
England where some of their favorite bands will play. Plus, she has a ticket for Maxine, and
Alice's dad said he'll cover half of Maxine's airfare. The other half is only $412. Maxine feels
like this is a once-in-a-lifetime opportunity. Should Maxine use her emergency fund to take this super rare opportunity? Explain your reasoning.
Based on the given information Maxine should not use her emergency fund to take this super rare opportunity as it is intended to use in an unforeseen situation.
What is an emergency fund?
An emergency fund is said to be savings that an individual intended do in order to meet challenges that are not predictable and unforeseen for them.
An emergency fund shouldn't be used for a planned vacation or other predictable expenses; rather, it should only be used in the event of an unexpected event. You don't have to deprive yourself of small comforts in life.
In the given case, the music concert is not an unforeseen event is a planned vacation so the emergency fund should not be utilized.
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you make no sense like at all
Answer: thank you I don't know why but i will take that compliment
In how much time will the simple interest of ₱3,500 at the rate of 9% per annum be the same as the simple interest of ₱4,000 at 10.5% per annum for 4 years?
A. 5 years
B. 4.5 years
C. 5.33 years
D. 6.3 years
the time required for the simple interest of ₱3,500 at 9% per annum to be the same as the simple interest of ₱4,000 at 10.5% per annum for 4 years is approximately 5.33 years.Hence, the correct answer is C. 5.33 years
To solve this problem, we can set up an equation based on the concept of simple interest.
Let's assume the time required for the two amounts to be equal is "t" years.
The formula for simple interest is: I = P * R * T, where I is the interest, P is the principal amount, R is the interest rate, and T is the time in years.
For the first amount:
Interest1 = 3500 * 0.09 * t
For the second amount:
Interest2 = 4000 * 0.105 * 4
Since we want the two interest amounts to be equal, we can set up the equation:
3500 * 0.09 * t = 4000 * 0.105 * 4
Simplifying the equation, we get:
315t = 1680
Dividing both sides by 315:
t = 1680 / 315
t ≈ 5.33
Therefore, the time required for the simple interest of ₱3,500 at 9% per annum to be the same as the simple interest of ₱4,000 at 10.5% per annum for 4 years is approximately 5.33 years.
Hence, the correct answer is C. 5.33 years.
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A high-end clothing company has branch managers in Rome, Paris, and Chicago. They meet quarterly via teleconference. Declining domestic markets Technological advancements Robust middle-class growth When companies expand into global markets, they must be aware of the different cultural environments they are entering. A successful business model in one country may not be successful in another. U.S. companies, such as Wal-Mart, Best Buy, and Home Depot, for example, have struggled in certain overseas markets due to their inability to meet the needs and expectations of the localculture.
Robust middle-class growth. Such a surge in demand for smartphones indicates a robust middle-class growth in Russia.
What led to growth of the middle class ?Male and female office workers expanded the ranks of the middle class during the Gilded Age. Increased middle-class workers' incomes and leisure time fostered a culture of consumption and popular amusements in American cities.
Since 2003, when the world's poor and vulnerable population reached a historic high of 4.4 billion people, the middle class has grown rapidly, particularly in Asia. Another 700 million people are expected to join the global middle class by 2030, accounting for more than half of the global population.
The Gilded Age boom also produced enormous wealth for the fortunate few who used their own intelligence and the government's laissez-faire policies to become industrial titans.
By 1890, 1% of the population controlled 25% of the wealth in the United States. As the wealth gap widened, contemporaries debated what America's new aristocrats owed the rest of society.
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Describe the process of roof top vegetable production?
The process of roof top vegetable production are the rooftop agriculture are the check building, roof top, find the water resources, storage space and the other things.
What is roof top agriculture?Rooftop agriculture involves the cultivation of fresh vegetables, herbs, fruits, culinary flowers, and possibly some small animals for local consumption on rooftops. Rooftop gardens provide numerous advantages to metropolitan areas. Rooftop farming refers to the practice of planting food on the roofs of buildings.
According to the method, the construction engineer selects the correct location, appropriate materials are employed, a water source is provided, storage space is available, and the proper planting media. Rooftop farming is typically accomplished through the use of green roofs, hydroponics, aquaponics, or plane systems, or container gardens.
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*Internaltional Trade Subject* In your view, what are the 3 (THREE) main challenge affecting the global logistics business in the coming 10 years?
The global logistics business is expected to face several significant challenges in the coming 10 years. Three main challenges that can be anticipated include technological advancements, sustainability concerns, and geopolitical factors. These challenges will impact the efficiency, environmental impact, and overall operations of the global logistics industry.
Technological Advancements: The rapid advancement of technology is likely to have a profound impact on the global logistics business. Innovations such as automation, artificial intelligence, and blockchain will reshape supply chains, enhance operational efficiency, and improve tracking and tracing capabilities. However, the implementation of these technologies will require substantial investment and adaptation by logistics companies, posing challenges in terms of cost, workforce transformation, and cybersecurity.
Sustainability Concerns: As environmental consciousness increases, sustainability will be a major challenge for the logistics industry. Heightened focus on reducing carbon emissions, adopting eco-friendly practices, and promoting sustainable transportation modes will drive the need for innovative solutions. Logistics companies will face pressure to reduce their carbon footprint, optimize routes to minimize fuel consumption, and adopt greener technologies. Balancing economic viability with environmental responsibility will be crucial for the industry's success.
Geopolitical Factors: The global logistics business is influenced by geopolitical dynamics, including trade policies, regulatory frameworks, and geopolitical conflicts. Shifts in international trade agreements, protectionist measures, and geopolitical tensions can disrupt supply chains, alter trade routes, and impose trade barriers. Uncertainty surrounding trade relations between major economies can impact logistics operations, requiring companies to be agile, adaptable, and prepared for potential disruptions or changes in trade policies.
These challenges will require strategic planning, investment in technological infrastructure, collaboration among stakeholders, and a proactive approach to sustainability to ensure the future resilience and success of the global logistics business.
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Big HUB has a $1,000 face value bond outstanding with a 9% annual coupon and a yield to maturity of 7%. If Big HUB's bonds mature in 12 years, what is the price of one bond? A. $1,149.97 B. $1,158.85 C. $1,000.00 D. $1,082.00
After calculations, we come to the conclusion that the price of one bond is $1,158.85.
To calculate the price of a bond, we need to use the present value formula, which takes into account the bond's future cash flows (coupon payments and face value) discounted at the yield to maturity rate.
In this case, the bond has a face value of $1,000, an annual coupon rate of 9%, and a yield to maturity of 7%. The bond matures in 12 years.
To calculate the price, we need to discount the future cash flows. The annual coupon payment is $1,000 * 9% = $90, and there will be 12 coupon payments over the 12-year period.
Using the present value formula for an annuity:
Price of bond = (Coupon payment * (1 - (1 + Yield to maturity)^-n)) / Yield to maturity + (Face value / (1 + Yield to maturity)^n)
Where:
Coupon payment = $90
Yield to maturity = 7% = 0.07
n = 12 (number of years)
Plugging in the values:
Price of bond = ($90 * (1 - (1 + 0.07)^-12)) / 0.07 + ($1,000 / (1 + 0.07)^12)
Calculating the equation gives us a price of approximately $1,158.85.
Therefore, the correct answer is B. $1,158.85.
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All of the following statements related to the operation of the x-ray tube are correct EXCEPT which one?
A. When the x-ray tube is turned on, the low voltage circuit is activated to preheat the filament to a specific temperature to generate electrons through thermionic emission.
B. The number of electrons generated is inversely proportional to the temperature of the filament.
C. When the timer is activated, the high voltage circuit is also activated and the electrons at the filament will start travelling at high speed towards the target.
D. The higher is the voltage between the cathode and the anode the faster will the electrons travel.
The following claims about how the x-ray tube functions are all true. EXCEPT The temperature of the filament has an inverse relationship with the quantity of electrons produced. Option B is Correct.
As fast-moving electrons meet and interact with the target anode, they suddenly decelerate, which causes X-rays to be created. More than 99% of the electron energy during this deceleration process is transferred to heat, whereas less than 1% of the energy is transformed into x-rays.
An x-ray tube's cathode helps to expel the electrons from the circuit and concentrate them in a beam on the anode's focal point. It serves as a managed source of electrons for producing x-ray beams. Option B is Correct.
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Which would help you the least when creating your own practice test?
Answer:
textbook chapter headings
On 1 March 2018 Sanjeev, who is a sole proprietor, had $600 cash on hand and an overdraft of $400 at the bank. Sanjeev reported the following transactions for the month of March 2018.
2018
Mar 1 - Cash receipt - For sale of old surveillance equipment, $1 800.
5 - Invoice - Received from DD Ltd an invoice showing the value of goods bought for resale at $7 500 less 25% trade discount.
9 - Cash voucher - Sanjeev withdrew $200 for his private use.
13 - Invoice - Sent an invoice to Layby Stores for goods for resale, $2 250 less 20% trade discount.
14 - Credit note - Received a credit note from DD Ltd for good which were delivered, but not according to the requirements of the order, and which showed a value of $800 less 25% trade discount.
16 - Cash register totals report - End of day cash sales report totalled $3 680.
19 - Credit note - Sent a credit note to Layby Stores for goods damaged in transit, $200 less 20% trade discount.
23 - Paying in slip counterfoil - Banked $5 000 of the cash on hand.
26 - Cheque stub - For payment to Jeff's Air-Con Inc. in settlement of an account of $7 500, less a 5% cash discount.
30 - Paying in slip counterfoil - For cheque received from Layby Stores in settlement of their account to date, less a cash discount of $150.
Using the form provided on page 5, record the transactions relevant to a three column
Cash Book. Total and balance the Cash Book as at 31 March 2018.
The cash book balance as of March 31, 2018, would be $10,930.
In March 2018, the following transactions were recorded in the Cash Book:
On March 1, Sanjeev received $1,800 in cash from the sale of old surveillance equipment.
On March 9, Sanjeev withdrew $200 in cash for personal use.
On March 16, the cash register totals report indicated that the end-of-day cash sales amounted to $3,680.
On March 23, Sanjeev deposited $5,000 of the cash on hand into the bank, using a paying-in slip counterfoil.
On March 30, Sanjeev received a cheque from Layby Stores as settlement of their account to date, which included a cash discount of $150. This transaction was also recorded using a paying-in slip counterfoil.
The total cash book balance as of March 31, 2018, would be calculated by adding the cash receipts and subtracting the cash withdrawals and payments. Considering the above transactions, the cash book balance as of March 31, 2018, would be $10,930.
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2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimated cost for July 2014 using 7% sales tax. Then, write the formula you used and the estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula.
Answer: Hello your question has some missing details hence I will provide an answer based on the general scope of your question
answer ; =([Cost] * 1.07)
Explanation:
Assuming the table heading for estimated cost in July 2014 is named "Cost"
Total estimated cost
Total = Cost * ( 1 + Sales Tax )
= Cost * ( 1 + 0.07 )
= Cost * 1.07
Excel equivalent formula used that can be used = ([Cost] * 1.07)
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Management targets an annual pretax income of $1,012,500. Assume that fixed costs remaln at $562,500.
Compute the unit sales to earn the target income
Compute the dollar sales to earn the target income
To earn the target income of $1,012,500, Blanchard Company needs to sell 35,000 units. And to earn the target income of $1,012,500, Blanchard Company needs to have $6,300,000 in dollar sales.
To compute the unit sales and dollar sales needed to earn the target income, we can use the contribution margin ratio.The contribution margin ratio is calculated as follows: Contribution Margin Ratio = (Sales - Variable Costs) / Sales
In this case: Sales = $180 per unit Variable Costs = $135 per unit. Contribution Margin Ratio = ($180 - $135) / $180 = $45 / $180 = 0.25 or 25%.To compute the unit sales needed to earn the target income, we can use the following formula: Unit Sales = (Fixed Costs + Target Income) / Contribution Margin per Unit
Fixed Costs = $562,500 Target Income = $1,012,500 Contribution Margin per Unit = Sales - Variable Costs = $180 - $135 = $45.Unit Sales = ($562,500 + $1,012,500) / $45 = $1,575,000 / $45 = 35,000 units
Therefore, to earn the target income of $1,012,500, Blanchard Company needs to sell 35,000 units. To compute the dollar sales needed to earn the target income, we can use the following formula: Dollar Sales = (Fixed Costs + Target Income) / Contribution Margin Ratio
Dollar Sales = ($562,500 + $1,012,500) / 0.25 = $1,575,000 / 0.25 = $6,300,000.Therefore, to earn the target income of $1,012,500, Blanchard Company needs to have $6,300,000 in dollar sales.
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What is included in discretionary income?.
Discretionary income will include the money that an individual has to spend, invest or save.
Discretionary income is one of the factors assessing the financial stability of an individual. Discretionary income is what the individual is left after paying taxes and spending on necessities. The necessities of a household or an individual are food, housing, clothing, and transportation.
Discretionary income is used in many ways such as investments, paying for vacations and dining out, or luxury items. It is spent in all other ways that do not account for necessities or taxes. Similarly, discretionary income in business will include expenditure on holiday tickets for employees, gifts on holidays, and other ways.
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influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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A possible warning signal that you may be headed for financial problems with credit is that you
a.
pay only the minimum required.
c.
you only buy sale items.
b.
only buy what you can afford.
d.
all of the above.
Answer:
I can't provide a definite answer (apologies), but I can definitely say that the answer is narrowed down to where it's either A or D.
Explanation:
Answer:
A- pay only the minimum required.
Explanation:
please do it in 10 minutes will upvote
Question 14 Not yet answered Marked out of 1.00 P Flag question The price of Linen fabric rises from $15.00 per metre to $20.00 per metre. As a result, the quantity of cotton fabric demanded rises fro
The price of Linen fabric increases from $15.00 to $20.00 per meter, leading to an increase in the demand for cotton fabric from 150 meters to 250 meters.The scenario described belongs to the concept of price elasticity of demand. The correct answer is option A.
Price elasticity of demand measures the responsiveness of the quantity demanded of a good to changes in its price. In this case, the price of linen fabric has increased from $15.00 per metre to $20.00 per metre. As a result of this price increase, the quantity of cotton fabric demanded has increased from 150 metres to 250 metres.
The increase in the quantity of cotton fabric demanded in response to the price increase indicates that the demand for cotton fabric is relatively elastic. Elastic demand means that consumers are sensitive to changes in price and are willing to adjust their purchasing behavior accordingly. In this case, the percentage increase in quantity demanded is greater than the percentage increase in price, suggesting a price elasticity of demand greater than 1.
This information is important for producers and policymakers as it indicates that a price increase in linen fabric has led to an increase in demand for cotton fabric. It implies that consumers view cotton fabric as a substitute for linen fabric and are willing to switch their purchases in response to price changes.
Hence, option A is the right choice.
The complete question must be:
The price of Linen fabric rises from $15.00 per metre to $20.00 per metre. As a result, the quantity of cotton fabric demanded rises from 150 metres to 250 metres. This scenario belongs to which of the following elasticity? Select one: a. Price elasticity of demand. Ob. Income elasticity of demand. C. Price elasticity of supply d. Cross elasticity of demand
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What percentage of sales revenue goes to the cost of sales for the XYZ company? XYZ offers salary plus commission and bonuses for sales personnel who reach their sales quotas. It has eight salespeople, each earning a base salary of $45,000 plus a 2-percent commission on sales. Sales were $3 million, and bonuses totaled $30,000 for the year.
The sales revenue would be gotten as 15 percent
How to solve for the sales revenueTo find the percentage of sales revenue that goes to the cost of sales for the XYZ company, we need to calculate the total cost of sales, which would include the cost of goods sold as well as any other direct costs associated with generating the sales, such as commissions paid to salespeople.
In this case, the cost of sales would be:
$45,000 (base salary for each salesperson) x 8 (number of salespeople) = $360,000 (total base salary for sales team)
$3,000,000 (total sales) x 2% (commission rate) = $60,000 (total commission paid to sales team)
$360,000 + $60,000 + $30,000 (bonuses) = $450,000 (total cost of sales)
To find the percentage of sales revenue that goes to the cost of sales, we divide the total cost of sales by the total sales revenue and multiply by 100:
$450,000 / $3,000,000 x 100 = 15%
So, the percentage of sales revenue that goes to the cost of sales for XYZ company is 15%.
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Lara owns and operates market place, a venue for growers, crafters, and others to sell their goods, without creating a separate business organization. She receives all the profits from the vendors’ fees and concession sales. This is most likely.
Lara receives all the profits from the vendors’ fees and concession sales. This is most likely a sole proprietorship.
An unincorporated firm with a single owner that is subject to personal income tax on business profits is known as a sole proprietorship, sometimes known as a solo trader or a proprietorship. Due to the lack of need for a separate business or trade name, many lone owners conduct their operations under their own names.
Due to a lack of government oversight, a sole proprietorship is the easiest type of business to start or shut down. Due to this, these company models are particularly well-liked by consultants, single proprietors, and other independent contractors. The majority of small firms begin as sole proprietorships and either continue in that format or grow and convert to a corporation or limited liability structure.
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Discuss the four dissimilaries between oligopoly and monopolistic market structure
The main dissimilarities between oligopoly and monopolistic market structures lie in the number of firms, product differentiation, market power distribution, and entry barriers.
Number of Firms: In an oligopoly, there are only a few dominant firms that control the majority of the market. These firms compete against each other, and their actions can have a significant impact on market conditions. On the other hand, monopolistic markets consist of a single firm that dominates the industry and faces limited competition.
Product Differentiation: Oligopolies often involve firms offering similar or differentiated products. Product differentiation can be achieved through branding, advertising, or unique features. In contrast, monopolistic markets feature firms offering differentiated products that are distinct from their competitors, giving them some degree of market power.
Market Power: While both oligopolies and monopolistic markets possess market power, the extent differs. In an oligopoly, firms have substantial market power due to their dominant positions, and their actions can influence prices and output levels. In a monopolistic market, the single firm enjoys significant market power, allowing it to exert greater control over prices and market conditions.
Entry Barriers: Oligopolies often exhibit high barriers to entry, such as significant capital requirements or economies of scale, making it challenging for new firms to enter and compete effectively. Monopolistic markets also tend to have entry barriers, but they are typically even higher, as the dominant firm enjoys a monopoly on the product or service, preventing other firms from entering the market and capturing market share.
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