During 2019, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $262,500 of retained earnings versus the prior year’s retained earnings of $159,600. How much net income did the firm earn during the year?

Answer:

True statement about secondary markets is:

B. A broker may bring buyers and sellers together, charging a commission.

Explanation:

In a typical secondary market, investors buy and sell outstanding shares among themselves.  Acting as an intermediary between the stock exchange and the investor, a broker arranges the buying and selling of shares among investors, charging a commission for their work.  They facilitate the sale and purchase of shares in the secondary market.

The news is considered true and accurate when it is based on facts and evidence. This means that the sources used to create the news must be reliable and trustworthy.

News reporters and journalists must verify the information they receive from their sources to ensure that it is accurate before they publish or broadcast it. They must also use multiple sources to confirm the information they receive.

In addition, news must be presented in a balanced and impartial way. This means that reporters should not have any biases or prejudices that affect the way they report the news. They must also present both sides of a story to give their audience a complete picture of what is happening.

Another important aspect of accurate news is the use of language. News reporters must use language that is clear and concise, avoiding any exaggeration or sensationalism. They must also avoid using inflammatory language or making unfounded claims.

Finally, news organizations must have a strong ethical code that guides their reporting. This code should include principles such as accuracy, impartiality, fairness, and transparency. By following these principles, news organizations can ensure that their reporting is true and accurate.

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As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.

The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.

The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.

As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?

A.  Housing prices will go up and down due to changing fiscal policy.

B. The market will experience more demand and the price of houses will go up.

C. The price of houses will go down in response to the decreased demand.

D. The prices for homes in that area will be stable due to the new monetary policy.

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An organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration

Businesses that adopt an organizational structure based around projects while keeping employees in their respective departments often follow a matrix or hybrid organizational structure. This approach allows organizations to leverage the benefits of both functional departments and project teams.

In this structure, employees are grouped into functional departments based on their areas of expertise or skills. These departments, such as finance, marketing, human resources, and operations, provide specialized support and resources to various projects within the organization. Each department is typically led by a department head or manager responsible for overseeing the department's operations and ensuring the delivery of functional objectives.

On the other hand, project teams are formed to address specific business objectives or initiatives. These teams are comprised of individuals from different departments who possess the necessary skills and expertise to achieve project goals. The project teams are usually led by a project manager who is responsible for coordinating activities, managing resources, and ensuring the successful completion of the project within the specified timeline and budget.

By adopting this organizational structure, businesses can maximize efficiency and resource utilization. Employees benefit from the stability and specialization offered by their department, allowing them to develop deep expertise in their functional areas. At the same time, they also have the opportunity to contribute their expertise to cross-functional project teams, enabling them to broaden their skills, collaborate with colleagues from different backgrounds, and gain exposure to diverse projects and challenges.

This structure facilitates better communication and coordination between departments, as project teams act as intermediaries, ensuring that information and resources flow seamlessly between the departments and the projects. Additionally, it encourages a culture of innovation and flexibility, as employees have the opportunity to contribute their unique perspectives and expertise to different projects, fostering a cross-pollination of ideas.

Overall, an organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration, enabling businesses to efficiently execute projects while maintaining the stability and expertise of functional departments.

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The three factors that influence Eric's decisions are the lowest rate of return along with the shorter duration of time.

A Loan is referred to as the amount which an individual borrows from a financial institution at a certain rate of interest to start any business or to fulfill their needs.

When Applying for any loan it is important to conduct research about the rate of return which helps in saving a large rate of income for an individual.

While making a decision for a loan, it should be determined which financial institution provides maximum facility on any Loan in order to repay it timely and reduce the burden on an individual.

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Based on information given, the Pin Cushion Company's net income is $12,700.

Net income, also known as net profit or bottom line, is the amount of money a company earns after deducting all expenses and taxes from its total revenue. In other words, it represents the amount of profit a company makes over a specific period of time, typically one year. To calculate net income, a company subtracts its total expenses, including operating costs, taxes, interest payments, and any other expenses, from its total revenue. Net income is an important measure of a company's financial health and profitability, and is often used by investors and analysts to evaluate a company's performance. A positive net income indicates that a company is profitable, while a negative net income means that a company is operating at a loss.

Total contribution margin = $22,000 + $28,600 = $50,600

Net income = $50,600 - $37,900

Net income = $12,700

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Answer and Explanation:

Since in the question it is mentioned that

Incorrectly amount recorded = $728,660

And, the corrected amount is = $719,880

The difference is

= $728,660 - $719,880

= $8,780

Based on the misstatement, the effect on the financial statement is

For Balance sheet:

Overstatement of Merchandise inventory = $8,780

Overstatement of Current assets = $8,780

Overstatement of Total assets = $8,780

Overstatement of Owner equity = $8,780

For Income statement:

Understatement of Cost of merchandise sold = $8,780

Overstatement of Gross profit = $8,780

Overstated of Net income = $8,780

The option D is true because verbal communication is the use of words to share information with other people.

Verbal Communication is a type of communication which includes face-to-face, telephone, radio or television and other media.

We rely on verbal communication to exchange messages with one another and develop as individuals. The term verbal communication often evokes the idea of spoken communication, but written communication is also part of verbal communication.

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Answer: The answer is (D) verbal communication. Don't believe me? Check the lesson. Verbal communications. The first and second line.

Explanation: I hope this helps and please take notes and pay attention.

The Profit margin for year 2 will be 5.4%.

The turnover for year 2 is 2 times.

a)Profit marginfor year 2 = (Operating income/Sales*100) = $58320 / 1080000

= 5.4%

b)Turnover for year 2 = Sales / Operating assets = $1080000 / 540000 = 2times

C) ROI f = 5.4%*2 = 10.8%

d.1) ROI = $64800/$540000=12%

d.2) ROI = $60480/$540000=11.2%

d.3) ROI = $58320/$432000=13.5%

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Answer:

the current share price is $16.05

Explanation:

The computation of the current share price is as follows;

= Dividend ÷ (required rate of return - growth rate0

= $1.05 × 1.07 ÷ (14% - 7%)

= $1.1235 ÷ 0.07

= $16.05

Hence, the current share price is $16.05

The same should be considered and relevant

Answer:

Orchard Fresh, Inc.

1. Allocation of the joint cost to the four grades of apples using the sales-value-at-split-off method:

Total joint cost allocation rate is $18,000/$20,000 = $0.90

Grade A             $1,600 * $0.90 =  $1,440

Grade B            $5,000 * $0.90 = $4,500

Splices              $8,000 * $0.90 = $7,200

Applesauce     $5,400 * $0.90 =  $4,860

Total allocated costs                   $18,000

2. When Grades B apples price increased to $1.20 per pound:

Total joint cost allocation rate is $18,000/$21,000 = $0.857

Grade A             $1,600 * $0.857 =   $1,371

Grade B            $6,000 * $0.857 =  $5,142

Splices              $8,000 * $0.857 = $6,856

Applesauce     $5,400 * $0.857 =  $4,628

Total allocated costs                      $17,997

Explanation:

a) Data and Calculations:

Grades    Pounds    Total costs  Price at Split-  

                                                    Off(per Ib.)    

Grade A             400        $1,600        $4.00

Grade B          5,000       $5,000           1.00

Splices          16,000       $8,000          0.50

Applesauce 54,000       $5,400          0.10

Total                             $20,000

Joint cost = $18,000

Allocation of joint costs:

Total joint cost is $18,000/$20,000 = $0.90

Grade A             $1,600 * $0.90 =  $1,440

Grade B            $5,000 * $0.90 = $4,500

Splices              $8,000 * $0.90 = $7,200

Applesauce     $5,400 * $0.90 =  $4,860

Total allocated costs                   $18,000

Total joint cost is $18,000/$21,000 = $0.857

Grade A             $1,600 * $0.857 =   $1,371

Grade B            $6,000 * $0.857 =  $5,142

Splices              $8,000 * $0.857 = $6,856

Applesauce     $5,400 * $0.857 =  $4,628

Total allocated costs                      $17,997

Answer:

Explanation:

a. In a regression equation expressed as y= a + bx, how is the letter b best described?

Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.

b. How is the letter y in the regression equation best described?

The letter y is the observed store cost for that particular month.

c. How is the letter x in the regression equation best described?

The letter x is the observed customer visit for that particular month.

d. Based on the data derived from the regression analysis, what are the estimated costs for 370 customer-visits in a month?

The estimated cost for 370 customer visit will be:

Y = a + bx

where,

a =$1496

b = $2.08

x = 370 customer visit

Y = $1496 + ($2.08 × 370 customer visit)

= $1496 + $769.6

= $2265.6

e. What is the percent of the total variance that can be explained by the regression equation?

The percent of total variance which the regression equation explain will be:

R2 = 0.86814 or 86.814%

The following answers are based on a monopoly economy.

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

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Answer:

False

Explanation:

Super bowl ads is most likely to be sold as part of marketing within sports.

Marketing is a way of promoting a particular products to acceptance by audience or people.

There are different approach to marketing depending on the individual.

Super bowls ads involves advertisement on commercial television to ensure large audience are reached.

Therefore, Super bowl ads is most likely to be sold as part of marketing within sports.

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Answer: To determine which statement is true, we need to compare the contribution margin per unit of each product. The contribution margin is the amount by which the selling price exceeds the variable cost per unit, and it represents the amount of revenue available to cover fixed costs and contribute to profit.

Explanation: The contribution margin per unit for each product is calculated as follows:Product X: $25 selling price - $15 variable cost = $10 contribution margin per unitProduct Y: $35 selling price - $20 variable cost = $15 contribution margin per unitHowever, since Product Y requires three times as much labor as Product X, we need to consider the contribution margin per hour of labor:Product X: $10 contribution margin / 1 hour of labor = $10 contribution margin per hour of laborProduct Y: $15 contribution margin / 3 hours of labor = $5 contribution margin per hour of laborTherefore, the true statement is that Product X has a higher contribution margin per hour of labor than Product Y. Even though Product Y has a higher total contribution margin per unit, it requires more labor to produce, which reduces its contribution margin per hour of labor. As a result, if there is a labor constraint, it may be more profitable to produce more units of Product X rather than Product Y.

A class action suit is a case, brought up by a group of consumers that suffer similar damages, against a business together. Hence, the correct answer will be an option(c).

Consumers, suffering a similar loss caused by a business, come forward and file a lawsuit together against the same business. This type of lawsuit is known as a class action suit. It is also known as Representative action. If the group wins the lawsuit, it will be compensated for the damages caused but if they lose the lawsuit, it will not receive any type of financial compensation.

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The functions of government are crucial for the proper functioning and development of a country. These functions can vary depending on the type of government system in place, but there are several key functions that are commonly considered necessary for a country's stability and progress.

1. Legislation and Governance: One of the primary functions of government is to create and enforce laws that maintain order, protect individual rights, and promote the welfare of the citizens. Governments establish institutions and frameworks for governance, ensuring the rule of law and providing a system of justice.

2. Defense and Security: Governments are responsible for safeguarding the country and its citizens from external threats. This involves maintaining armed forces, intelligence agencies, and diplomatic relations to protect national security interests.

3. Economic Management: Governments play a crucial role in managing and regulating the economy. They establish fiscal and monetary policies, oversee financial institutions, promote trade, and create an environment that supports economic growth and stability. Government intervention is often necessary to address market failures, promote fair competition, and protect consumers.

4. Social Welfare: Governments have a responsibility to ensure the well-being and social welfare of their citizens. This includes providing basic services such as healthcare, education, social security, and infrastructure development. Governments also implement social policies to address poverty, inequality, and promote equal opportunities.

5. Public Services: Governments are responsible for delivering essential public services, such as transportation, utilities, public safety, and environmental protection. These services are necessary for the functioning of society and improving the quality of life for citizens.

6. Diplomacy and International Relations: Governments engage in diplomatic activities and maintain relationships with other nations. They negotiate treaties, participate in international organizations, and represent the country's interests abroad. Governments also address global challenges, such as climate change and human rights, through international cooperation.

7. Public Communication and Information: Governments have a role in providing transparent and accurate information to the public. They engage in public communication, disseminate information, and promote citizen engagement and participation in the decision-making process.

These functions of government are essential for maintaining social order, promoting economic growth, protecting citizens' rights, and ensuring the overall well-being of a country. Effective governance requires a balance between these functions, adaptability to changing circumstances, and responsiveness to the needs and aspirations of the citizens.

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Answer:

Option A, B, C and D demonstrate common Sales and Service work environments.

Explanation:

Sales & service work include primarily selling some thing to customers and also assisting the customers in some or the other way.

Of the given set of options, Option A, B, C and D demonstrate common Sales and Service work environments.

Tara sells parts to customer - Sales profile

Wesley assist passenger - hospitality service sector

Audrey takes order on phone - e commerce service sector

Bernard works at ticket counter - Recreational services

In the option E and F, Yuk and Leo are not working in common Sales and Service industry

Answer:

A, C, D

Explanation:

I did it

Resources available, number of clients, tasks or duties, and absences  should never be discussed in a text message.

All of the mentioned matters, including resources available, number of clients, tasks or duties, and absences, are sensitive and important for the smooth functioning of a business or organization. However, some of these matters are better suited for discussion in person, over the phone, or through email rather than in a text message. Text messages may not provide enough context, clarity, or security for discussing sensitive or confidential matters. Moreover, text messages may not be easily searchable or retrievable, making it difficult to refer back to important information. Therefore, it is advisable to avoid discussing matters such as resources available, number of clients, tasks or duties, and absences in a text message. These matters are better discussed in person, over the phone, or through email where there is more room for explanation, context, and security.

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B..................................              

The number of times each was sold, i.e., regular keyboards and wireless keyboards are sold are 15 and 45 times respectively for the business situation.

Let us assume the number of sales times as "m"

Given information:

Price of regular keyboards = $83

Price of wireless keyboard = $113

The equation to find out the number of times sales

⇒ \(83(3m)+115(m) = 5460\)was

⇒ \(249m+115m=5460\)

⇒ \(364m = 5460\)

⇒ \(m=15\)

⇒\(3(15) = 45\)

\(\text{PC sold 42 regular keyboards and 14 wireless keyboards}\)

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The ways can a wiki benefit the employees of a business are:

A. It allows them to have live interactions with each other.

B. It helps them solve internal problems collectively.

The term wiki is one that is often spelled as "Wiki". This is known to be  a server program that is said to often give room for a lot of users to work together in creating the content of a Web site.

Note that the term is one that is known to have originated from the word "wikiwiki," that connote or means "fast" when called in the Hawaiian language.

Therefore, The ways can a wiki benefit the employees of a business are:

A. It allows them to have live interactions with each other.

B. It helps them solve internal problems collectively.

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Answer:

What progress has been made?

Were the desired project objectives achieved?

Do the project results justify the project inputs?

Is every team member satisfied with the result?

What could have been done better?

Explanation:

That's the answer I put.

For a project manager it is the duty and task of mine to monitor the things very carefully.

What is Project Manager?

Project manager is actually that person who actually plays an leading role in actually planning and executing the projects.

So the five question are-

What progress has actually been made?

Were the actual desired project objectives achieved?

Do the project results justify the overall project inputs?

Is every team member is merely satisfied with the result?

What could have basically been done better?

Therefore Project manager are responsible and accountable for the entire projects the overall project team.

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The differential analysis is attached accordingly. The workings are indicated below.

Differential analysis is a decision-making approach that analyzes the net effects of two alternatives by examining the advantages and costs associated with each. The option chosen has the greatest advantageous (or least adverse) financial impact.

To arrive at the figures in the differential analysis first we derive the Revenue from selling regular Columbian:

Recall that:

Revenue = Sales x Quanity Manufactured; hence

9.8 x 7500

= $73,500

Revenue from Decan Columbian:

11.6 x (95% x 7500)

= 11.6 x 7125

= $82, 650

Cost of selling regular Columbian

Cost = Cost x Units produced

= 6 x 7500

= $45,000

Compute the cost of selling Decaf Columbian

In this case, Cost = Product Cost + Cost of processing

= 45,000 + 6300

= $51,300

Hence the figures indicated in the differential analysis.

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On her tax return from the previous year, Julie switched her filing status from "Single" to "Head of household." What was the outcome of that? D. Her standard deduction increased. A married couple, their twin boys, age six, and their two-year-old daughter make up the home.

Should I claim single or head of household?

You receive more tax advantages if you file as the Head of Household than if you file as a single person. With the Head of Household filing status, rates are lower and the deduction is higher. However, you must be single or unmarried and cover more than half of the qualifying person's support expenses.

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Answer:

Direct Investment

Explanation:

DIRECT INVESTMENT can be defined as an investment in which a company, organisation or business owner decide to venture into business with another country which is know as foreign business enterprise in order to acquire and obtain a controlling interest in the enterprise which is why DIRECT INVESTMENT is a way of controlling the ownership of a business in one country by an another entity which is based in another country.

Most Investors use the DIRECT INVESTMENT way to put money into a business operating in another country.

Therefore based on the information given the company prefers DIRECT INVESTMENT method which is why the parent company of KFC has more than 3,700 restaurants in 650 Chinese cities in which the Brands China owns and directly manages about 90 percent of its Chinese stores.

Hence this method is called the DIRECT INVESTMENT method .

Explanation:

Analyzing all the information related to the question above, a good strategy for an effective start would be to adopt good work practices such as organization and ethics, which were information provided by investors about what they expect from the new manager. That is why it is necessary to establish an effective and positive communication with employees and customers of the restaurant, be an ethical professional who meets the requirements and policies proposed by the company, etc.

A good strategy also to start in the internship regime and make a good impression for investors would be to talk with the establishment's prominent employees about the best practices to be adopted in the restaurant to be successful.