1. which of the following items does a service company not have on its financial statements? expenses long-term debt cost of goods sold sales revenue 2. common activity bases used by an airline are the number of and the number of . airline seats; passengers passengers; miles flown airline seats; miles flown none of the above
Answers
1. A service company does not have on its financial statements C. Cost of goods sold and 2. Common activity bases used by an airline are the number of B. passengers and miles flown.
1. A service company does not have cost of goods sold on its financial statements. This is because cost of goods sold is a term used for manufacturing or merchandising companies, which sell physical goods. Service companies, on the other hand, provide intangible services to their customers.
Thus, they do not have an inventory of physical goods to sell and do not have any cost of goods sold. Instead, service companies have expenses related to providing their services such as wages, rent, utilities, and other operational costs. They also have sales revenue from providing their services.
2. Common activity bases used by an airline are the number of passengers and miles flown. These activity bases are used to allocate costs to different flights and determine the profitability of each flight. The number of passengers is used to allocate costs related to the operation of the aircraft such as fuel, crew, and maintenance.
The miles flown is used to allocate costs related to the wear and tear of the aircraft such as depreciation, insurance, and repairs. By using these activity bases, airlines can determine the cost per passenger or per mile flown, which helps in pricing their tickets and maximizing profitability.
In conclusion, service companies do not have the cost of goods sold on their financial statements as they do not sell physical goods. Airlines commonly use the number of passengers and miles flown as activity bases to allocate costs and determine profitability. Therefore, the correct option for 1 is C. and 2 is B.
The question was incomplete, Find the full content below:
1. Which of the following items does a service company not have on its financial statements?
a. Expenses
b. Long-term debt
c. Cost of goods sold
d. Sales revenue
2. Common activity bases used by an airline are the number of
a. airline seats; passengers
b. passengers; miles flown
C. airline seats; miles flown
d. None of the above
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Related Questions
match the term with its definition. match term definition subsidy a) tax on an imported product tariff b) cash for investment capital c) money paid by the government to aid a business
Answers
Here are the term with their respective definitions:Term Definition Subsidy Money paid by the government to aid a business Tariff Tax on an imported product Capital Cash for investment A subsidy is money paid by the government to aid a business.
Subsidies can take a variety of forms, including direct cash payments, tax breaks, or discounted loans. They are frequently used to promote particular industries or to help businesses recover from economic hardship. Subsidies are intended to provide an incentive for businesses to invest in a particular industry.
A tariff is a tax on an imported product. Tariffs are frequently used to protect domestic industries from foreign competition by making imported products more expensive. Tariffs can also be used to generate revenue for the government. Capital refers to cash that is available for investment. Capital can come from a variety of sources, including personal savings, bank loans, or investors. A detail answer should contain more than 100 words.
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Think about the last purchase you made at a store. Did you know that when you made that purchase, you actually helped the economy to grow? How did your purchase do that?
Answers
Answer:
See below
Explanation:
By making that purchase, the industry you paid to made a profit. Profit helps countries to increase their GDP, therefore the economy has grown.
Answer:
The store owner used the money earned from the purchase to pay wages to the store’s employees. Those employees then bought other goods and services. When they paid for those items, that store in turn paid its employees, and so the cycle continues.
Explanation:
edmentum
Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
Answers
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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What is the driving force in the bank-lending and balance sheet channels of monetary policy transmission? Multiple Choice
profit
information
homogeneity
competition
Answers
The driving force in the bank-lending and balance sheet channels of monetary policy transmission is competition i.e. option 4.
When the central bank adjusts the monetary policy by changing interest rates or money supply, it affects the borrowing costs of banks and hence their willingness to lend. In a competitive banking system, banks would want to lend more to maintain their market share and profits.
As a result, they would lower their lending rates, making it easier for borrowers to access credit and stimulating the economy. On the other hand, if there is less competition among banks, they may not lower their lending rates even if the central bank reduces interest rates, thereby limiting the impact of monetary policy transmission.
Moreover, the competition among banks also affects the balance sheet channel of monetary policy transmission. When interest rates are lowered, the value of bonds held by banks increases, leading to a rise in their net worth. This increases their capacity to lend, which in turn, stimulates the economy. However, if banks have low competition, they may not pass on the benefits of increased net worth to borrowers, limiting the impact of monetary policy on the economy.
Therefore, the level of competition in the banking sector plays a crucial role in the effectiveness of the bank-lending and balance sheet channels of monetary policy transmission.
Therefore, the right option is 4 i.e. competition.
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Suppose you are a euro-based investor who just sold Microsoft shares that you had bought six months ago. You had invested 10,000 euros to buy Microsoft shares for $120 per share; the exchange rate was $1.15 per euro. You sold the stock for $135 per share and converted the dollar proceeds into euro at the exchange rate of $1.06 per euro.
First, determine the profit from this investment in euro terms.
Second, compute the rate of return on your investment in euro terms. How much of the return is due to the exchange rate movement?
Answers
The profit from the investment in euro terms is €1,494.34, and the rate of return is 14.94%. The exchange rate movement contributed to €1,116.98 of the return.
1. Initial investment: 10,000 euros at $1.15 per euro = $11,500
2. Shares bought: $11,500 / $120 per share = 95.83 shares
3. Sale proceeds: 95.83 shares * $135 per share = $12,936.05
4. Convert back to euros: $12,936.05 / $1.06 per euro = €12,194.34
5. Profit in euro terms: €12,194.34 - €10,000 = €1,494.34
6. Rate of return: (€1,494.34 / €10,000) * 100 = 14.94%
7. Exchange rate gain: (€10,000 * $1.15) - (€10,000 * $1.06) = $900, then $900 / $1.06 = €849.06
8. Return due to exchange rate movement: (€849.06 / €1,494.34) * 100 = 56.80%
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How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Answers
Answer: Making initial development private saves the government from funding all of the research.
Explanation:
A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.
Government award grants for the development of technologies, community projects, home insulation etc.
With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.
[true or false] Libraries and schools are places where you may conduct formal research.
Answers
Answer:
True
Explanation:
most libraries have books that contain reliable info
sometimes with schools
Selena has been working at her first post-college job for almost a year when her company gives her a well deserved raise, resulting in a paycheck increase of $350 (after taxes), for a total of $700 extra in take-home pay every month. She makes a quick list of possible ways to use that money, along with relevant notes for each.
Answers
Here are some possible ways Selena could use the extra $700 in take-home pay:
1) Save for emergencies: Selena could set aside some of the extra money in a savings account to use in case of emergencies, such as unexpected car repairs or medical bills. This can help her feel more financially secure and prepared for the future.
2) Pay off debt: Selena could use the extra money to pay off any outstanding debts, such as credit card balances or student loans. This could help her reduce her monthly expenses and improve her credit score.
3) Invest in retirement: Selena could consider using some of the extra money to invest in a retirement account, such as a 401(k) or IRA. This can help her save for the future and potentially earn more money through compound interest over time.
4) Save for a big purchase: Selena could set aside some of the extra money to save up for a specific purchase, such as a down payment on a house or a new car.
5) Treat herself: Selena could use some of the extra money to treat herself to something she's been wanting, such as a vacation or a new piece of technology. This can help her feel more rewarded and motivated.
6) Donate to charity: Selena could choose to donate some of the extra money to a charitable organization or cause that is important to her. This can help her give back and make a positive impact on the world.
which of the following would be a software component in an SMIS for a potential customerNoSQL
Answers
They have higher scalability.
They use distributed computing.
They are cost effective.
They support flexible schema.
They can process both unstructured and semi-structured data.
There are no complex relationships, such as the ones between tables in an RDBMS.
SMIS is regarded as a social media information system is regarded as user communities that provide higher scalability and cost-effectiveness to business.
What are the software components of SMIS?SMIS makes use of hardware, Software, Data, Procedures, People that constitute its components. However, the software component of SMIS is said to connection data, which is unique in it.
Therefore, connection data enable the users to get a platform to interact with the business to establish a relationship.
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Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters during the upcoming year. Each comforter requires 6 yards of material. The estimated January 1, 20Y7, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for the year.
Answers
Answer:
The materials budget for the year = $475,500
Explanation:
let us first lay out the particulars
beginning inventory = 31,000 yards
ending balance = 30,000 yards
amount sold from beginning inventory = 31,000 - 30,000 = 1,000 yards
budgeted production = 53,000 comforters
requirement for each comforter = 6 yards
total budgeted yards to be required = (requirement for each comforter) × (number of comforters)
= 6 × 53,000 = 318,000 yards
Note that required number of yards to be required during the year = 318,000 yards, but we have 1,000 yards available from the beginning inventory, as shown above, therefore, the number of yards to be produced is calculated as follows:
number of yards to be produced = (required number of yards) - ( number of yards from beginning inventory)
= 318,000 - 1000 = 317,000 yards.
Next, we are told that material cost per yard = $1.50
1 yard = $1.50
∴ 317,000 yards = 1.50 × 317,000 = $475,500
Therefore the materials budget for the year = $475,500
compared to a generation ago, benefits from public aid programs, adjusted for inflation, are:
Answers
Adjusted for inflation, benefits from public aid programs have generally increased over the past generation in the United States. This is due to a combination of factors such as changes in eligibility criteria, program expansions, and cost-of-living adjustments.
For example, according to the Center on Budget and Policy Priorities, the maximum benefit for a family of three receiving benefits from the Supplemental Nutrition Assistance Program (SNAP) increased by 30% between 1990 and 2019, after adjusting for inflation. The Temporary Assistance for Needy Families (TANF) program, which provides cash assistance to low-income families, has also seen increases in benefits in some states in recent years.However, it is important to note that the level of benefits can vary widely depending on the state and the specific program. Additionally, some critics argue that benefits have not kept pace with rising costs of living, particularly for housing and healthcare.
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i am doing in interview for business opportunities around my area what questions should i ask
Answers
Answer: General questionsWhen did you start your business?Why did you decide to become a business owner?What was your mission at the start of your company?How many employees does your company have?What services or products do you offer?How do you advertise your business?
Explanation: i think it’s right
Typical queries include: When did your business begin? Why did you choose to start a business? What was the purpose of your business when it first began? How many people work for your company? What products or services do you provide? How do you promote your company?
What is an interview?An interview is a planned dialogue in which one party asks questions and the other replies. The term "interview" in everyday speech describes a private discussion between an interviewer and an interviewee.
The interviewee replies to queries by the interviewer by typically supplying information. The use of or distribution of that information to other audiences is entirely up to you.
This characteristic is evident in many different sorts of interviews; even when no one else is present during a witness interview or a job interview, the answers will be made available to others later on in the hiring or investigating process. Information can be exchanged in both directions during an interview.
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Which of the following instances call for training with an emphasis on far transfer?
creating a new product
action plan
support network
participate in training as an instructor
Answers
The instance that calls for training with an emphasis on far transfer is "creating a new product." The correct answer is option a.
Far transfer refers to the application of learned knowledge and skills to new and unfamiliar situations. In the context of creating a new product, it involves utilizing training to develop a broader set of problem-solving, creative thinking, and innovation skills that can be applied to different product development scenarios.
Creating a new product often requires a high degree of innovation, critical thinking, and the ability to generate unique solutions. Training with an emphasis on far transfer would help individuals develop a deeper understanding of the underlying principles, techniques, and strategies involved in product creation. It would focus on building transferable skills and knowledge that can be adapted and applied across various product development contexts.
Training with an emphasis on far transfer encourages individuals to think beyond the specific product they are working on and develop a broader skill set that can be utilized in different creative endeavors. It promotes the development of a creative mindset, problem-solving abilities, and the ability to apply knowledge in new and unfamiliar situations, thereby enhancing the effectiveness and adaptability of individuals involved in creating new products.
The correct answer is option a.
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1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answers
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
My boss just fired me for putting something on the wrong shelf. But the thing is i don't work in the restock department. Is this something i should tell him or find a different job?
Answers
can someone make up a paragraph about a energy drink pls just say how it helps and whats it for i have to create my drink
Answers
Answer:
It uses a brand new way of transferring electrolytes to your body due to the brand new electric containing bottle. Here's the best part it's all natural flavoring and there is no decline in energy afterwards. it can help with you exercising, it can help with thirst and it can even help you wake up.
hope this helps (:
Yesterday in class we discussed 4 Era’s of Marketing and how the situation of the world at that time impacted businesses, specifically, marketing. The assignment is to choose ONE of the following era’s and write a letter to a loved one as if you were just starting a job during the marketing era of your choice. In your letter you should mention what is happening in the world to cause this shift in marketing, and what your role is going to be. You can choose which company you are working for: maybe you are starting a job on the assembly line, or becoming a door to door salesperson! Be creative and have fun with it. If you want, try to imagine what the world was like during that time period and use language or current events to make your letter sound more believable.
The letter should be at least 2 paragraphs long and should display that you understand how businesses are using marketing in this new era.
4 Eras:
Production Era (1800’s - 1920)
Selling Era (1920s - 1950s)
Marketing Era (1950s - 1990s)
Value Era ( 1990s - Current )
Answers
I hope this letter finds you well. I am writing to tell you about my new job at [Company] during the Marketing Era.
As you may know, the Marketing Era began in the 1950s and has continued until the present day. This shift in marketing was driven by a number of factors, including the post-World War II economic boom, the proliferation of mass media, and the emergence of new technologies like television and radio.
In my new role at [Company], I will be working on marketing campaigns for our products. This involves identifying target audiences, developing marketing strategies, and creating advertising materials to promote our products. I am excited to be a part of this exciting time in marketing, and I am looking forward to learning and growing in my new position.
I hope all is well with you and I can't wait to hear about your own adventures.
Sincerely,
[Your Name]
Hector Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31$12,000 Notes receivable collected by bank6,000 Outstanding checks9,000 Deposits in transit4,500 Bank service charge75 NSF check1,200 Using the above information, determine the adjusted cash balance for March. a.$7,500 b.$16,725 c.$15,500 d.$12,225
Answers
Answer: $16,725
Explanation:
Given the following :
Cash balance per books for March = $12,000
Notes receivable collected by banks = $6000
Bank service charge - $75
Non-sufficient fund (NSF) check - $1200
Therefore, Adjusted cash balance for March:
(balance per books + notes receivable - bank service charge - NSF check)
$(12,000 + 6,000 - 75 - 1200)
$(18000 - 1275)
= $16,725
Which organization should a high school hospitality student consider joining to develop leadership skills and business knowledge?
American Culinary Federation
American Hotel & Lodging Association
Future Business Leaders of America
Resort Hotel Association
Answers
High school students can gain practical experience in entrepreneurship, business, and marketing through DECA. Its objective is to provide upcoming leaders with the skills necessary for careers in lucrative industries including marketing, management, hospitality, and finance. There are presently 177,000 DECA members in secondary schools.
Should I enlist in DECA?You can gain an advantage over your rivals with the use of DECA's resources, expertise, and talents. A little bit of ease has been added to applying for internships, scholarships, jobs, and colleges. The fact that you are a member of DECA demonstrates that you are motivated, academically competent, community-minded, and career-focused—ready to take on your future.
In high school, is DECA a good idea?One of the most well-known groups for high school students is DECA, which has more than 3,200 participating schools. Numerous graduates of its successful programs enjoy a stellar reputation.
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Using your notes and the chapter, answer these questions from the bottom of Page 48:
1. Describe the four types of major shifts the United States has experienced with its economy, starting with the 1600s.
2. What is shown by the following economic indicators:
• GDP
o unemployment rate
o rate of inflation
o national debt
3. How does an individual influence the economy?
4. Give an example of one way the government might influence the economy.
5. List the four stages of the business cycle and give a brief description of each stage.
Answers
Answer An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by analysts to interpret current or future investment possibilities. These indicators also help to judge the overall health of an economy.
Economic indicators can be anything the investor chooses, but specific pieces of data released by the government and non-profit organizations have become widely followed.
Explanation:
A truck was purchased for $180,000 and it was estimated to have a $36,000 salvage value at the end of its useful life. Monthly depreciation expense of $3,000 was recorded using the straight-line method. The annual depreciation rate is Group of answer choices
Answers
Answer:
the annual depreciation rate is 25%
Explanation:
The computation of the depreciation rate is shown below:
= Yearly depreciation ÷ (Purchased cost - salvage value)
= ($3,000 × 12 months) ÷ ($180,000 - $36,000)
= $36,000 ÷ $144,000
= 25%
Hence, the annual depreciation rate is 25%
we simply applied the above formula
: An entrepreneur is trying to conduct a break-even analysis. Each product will sell for a price of $15.50. The entrepreneur has estimated the following costs: Rent $12.000 per annum, Direct labor per unit will be $3 per unit. Salaries will be $24,000 per annum, Raw materials will cost $1 per unit. What is the monthly breakeven point in units. Select one: a. 877 units b. 94 units c. 188 units d. 261 units
Answers
To calculate the monthly breakeven point in units, we need to determine the total fixed costs and the contribution margin per unit.
Total fixed costs = Rent + Salaries = $12,000 + $24,000 = $36,000 per annum
Contribution margin per unit = Selling price - Variable cost per unit
Variable cost per unit = Direct labor per unit + Raw materials per unit
Variable cost per unit = $3 + $1 = $4 per unit
Contribution margin per unit = $15.50 - $4 = $11.50
To find the monthly breakeven point in units, divide the total fixed costs by the contribution margin per unit:
Monthly breakeven point in units = Total fixed costs / Contribution margin per unit
Monthly breakeven point in units = $36,000 / $11.50
Calculating the result:
Monthly breakeven point in units ≈ 3,130.43
Rounding to the nearest whole number, the monthly breakeven point in units is approximately 3,130 units.
Therefore, none of the given options (a, b, c, or d) is the correct answer.
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When foreign national income rises, domestic, Real GDP falls,
ceteris paribus.
Option A- True
Option B - False
Answers
When foreign national income rises, domestic Real GDP does not necessarily fall, ceteris paribus. The answer is Option B - False.
An increase in foreign national income can lead to an increase in exports and stimulate domestic production, which can contribute to an increase in domestic Real GDP. However, the relationship between foreign national income and domestic Real GDP is complex and depends on various factors such as trade policies, exchange rates, and domestic economic conditions. So, it is not accurate to say that domestic Real GDP always falls when foreign national income rises.
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Acme, Inc. had net income of $120,000 in its 1st year and net income of $126,000 in its 2nd year. The percentage increase in net income was ______.
Answers
Answer: 5% increase in net income.
Acme, Inc. had a net income of $120,000 in its 1st year and a net income of $126,000 in its 2nd year. The percentage increase in net income was 5%.
What is net income?Net Income = Total Revenue — Total Expenses.
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's activities.
It is calculated as the residual of all revenues and gains less all costs and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. If you are paid a salary, the annual salary you get from your company equals your yearly gross revenue.
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1.2Describe the demand curve of the farmer.Justify your answer
Answers
Answer:
In this scenario, the farmer's demand curve is likely to be upward-sloping, indicating that as the price of rice increases, the quantity of rice the farmer is willing and able to supply also increases.
Explanation:
The demand curve for the farmer's produce (in this case, rice) is influenced by various factors such as the cost of production, input prices, and market conditions.
In this scenario, the farmer's demand curve is likely to be upward-sloping, indicating that as the price of rice increases, the quantity of rice the farmer is willing and able to supply also increases.
Justification:
1. Rent and labour costs: The farmer has fixed costs such as land rent and labour wages. These costs are independent of the quantity of rice produced. Higher fixed costs may put upward pressure on the price at which the farmer is willing to sell rice to cover these expenses.
2. Input costs: The farmer incurs costs for acquiring raw materials like seeds, water, fertilizer, and pesticides. If the prices of these inputs increase, the farmer's cost of production increases, leading to an increase in the price at which the farmer is willing to sell rice.
3. Market conditions: The farmer's demand curve may also be influenced by market conditions such as the overall demand and supply of rice. If there is high demand for rice or a shortage of supply, the farmer may be able to command a higher price for their produce.
4. Quantity produced: In this scenario, the farmer produces 30 tonnes of rice after the harvest. As the quantity of rice produced increases, the farmer may be more willing to sell at a lower price to ensure all the rice is sold and avoid potential losses due to spoilage or storage costs.
Overall, considering the costs of production, input prices, and market conditions, the farmer's demand curve for rice is likely to be upward-sloping, indicating a positive relationship between price and quantity supplied.
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Carolyn bought 200 shares of stock at $30 per share ($6,000 total). She paid $3,000 in cash and borrowed $3,000 from the brokerage firm. The loan has an annual interest rate of 5 percent. Six months later, she sold the stock for $40 per share. Carolyn paid a commission of $120 and repaid the loan. Her net profit was $
Answers
Carolyn's net profit from her investment was $1,805.
Data and Calculations:Investment in 200 shares at $30 per share = $6,000
Loan from brokerage firm = $3,000
Annual interest rate = 5%
Interest expense for 6 months = $75 ($3,000 x 5% x 6/12)
Proceeds from the sale of the investment = $8,000 ($40 x 200)
Commission to brokerage firm = $120
The Gross profit from the sale of the investment = $2,000 ($8,000 - $6,000)
The Net profit from the investment = $1,805 ($2,000 - $75 - $120).
Thus, Carolyn's net profit from her investment was $1,805.
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Small businesses are required by the Small Business Administration to market hand goods only.
True
False
Answers
False. Every small business must register with the secretary.
QUESTION 23 A company loses revenues from regular customers by accepting a special order when operating at capacity. The loss of revenue just described is an example of w following? OaAn unavoidable cost Ob An opportunity cost Oc Asunk cost Od A revenue cost
Answers
The loss of revenue from regular cost customers by accepting a special order when operating at capacity is an example of an opportunity cost.
Opportunity cost refers to the value of the next best alternative that is forgone when a particular decision is made. In this case, the opportunity cost is the revenue that could have been earned from regular customers if the company had not accepted the special order. By accepting the special order, the company sacrifices the potential revenue from its regular customers, which represents the opportunity cost of accepting the special order.
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How long after refund is accepted will it be approved.
Answers
Answer:
I believe after 30 or 90 days
In the context of qualitative methods for choosing projects, sc...
A. structure the discussion about project details like potential costs and benefits.
B. increase employee turnover rates.
C. choose the best consulting firm to analyze a potential project.
D. increase the rate of employee attrition.
Answers
The correct answer is A. structure the discussion about project details like potential costs and benefits.
Qualitative methods for choosing projects involve assessing and evaluating project details, such as potential costs and benefits, in a structured manner. These methods help decision-makers gain a deeper understanding of the qualitative aspects of projects, such as their feasibility, alignment with organizational goals, and potential risks and rewards. By structuring the discussion around these project details, organizations can make informed decisions about which projects to pursue.
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