The necessary Journal entries are recorded for Jhin Trading Company Ltd. with the above explanation. The recording of transactions helps in maintaining the records of a business entity.
Journal entries to record the transactions of Jhin Trading Company Ltd. are mentioned below;Journal Entries:January 1, 2007Authorized Capital: 6% Preference shares, $10 each - $ 80,000 7% Preference shares, $10 each - $ 200,000 Equity Shares, $10 each - $ 150,000
Securities Premium - $ 20,000Profit and Loss Account - $ 32,000To record the share issue.October 1, 2007Profit and Loss Account - $ 37,000To transfer profits to the revenue reserve account.
Bonus issue:Equity Share Capital - $ 3,000Profit and Loss Account - $ 37,000To record the issue of bonus shares.July 1, 2007Bank - $ 2,06,000Equity Share Capital - $ 80,000Securities Premium - $ 16,000Cost of issue - $ 3,000To record the issue of shares.
Premium on 6% preference shares:6% Preference Share Capital - $ 80,000Securities Premium - $ 8,000To record the premium on 6% preference shares.
Therefore, the necessary Journal entries are recorded for Jhin Trading Company Ltd. with the above explanation. The recording of transactions helps in maintaining the records of a business entity.
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Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.
Answer:
Businesses might prefer selling direct to customers through a website with e-commerce facilities because:
1. For covering a wider distance, distance is not a barrier.
2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.
3. For product and price comparison.
4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.
5. For saving the cost of paying workers.
6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.
Explanation:
The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.
First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.
what’s dangerous about taking out a payday loan?
Answer:
the main danger with taking out a payday loan is that you may quickly get trapped in a cycle of debt ,although altho payday loan is normally for a fairly low sum of money, such as £200, it is easy to get trapped in a cycle of taking a new loan out every month to cover the same or increased shortfall
3. what is the purpose of performing an asset classification, asset assessment and risk assessment as part of the security strategy? take each item in turn describing what it is, how it is implemented and the purpose of it.
Asset classification is the process of locating and classifying assets according to their worth and relevance. Set protective activities in order of importance.
Assessing assets involves determining their present condition and any possible weaknesses. Determine and reduce security threats is the goal. Risk assessment is the process of analysing and assessing the probability and potential consequences of security risks. Create a security plan that is informed by risk. The practise of classifying assets into distinct groups according to their attributes, such as liquidity, risk, and return, is known as asset classification. By enabling them to make wise investment choices and keep an eye on their financial performance, this aids businesses in managing their assets more efficiently. Cash and cash equivalents, fixed income securities, stocks, commodities, real estate, and alternative investments are examples of common asset types.
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What may happen if your job does not require you to use the aptitudes you possess?
cadie construction co. signed a note promising to pay a cement supplier $1,000 60-days from now. as a result of this transaction, cadie would record a(n) on her balance sheet. multiple choice question. prepaid expense short-term note payable account payable long-term note payable
When Cadie Construction Co. signs a note promising to pay a cement supplier $1,000 60-days from now, the company would record a short-term note payable on her balance sheet. Option B is the correct answer.
A short-term note payable is a liability in which an entity borrows money from a creditor and signs a promissory note that documents its promise to pay back the borrowed sum. Short-term notes payable mature in less than one year and are usually for much less significant sums of money than long-term notes payable.
A short-term note payable is a written promise to pay an amount in cash or assets at a certain time. It is a legal obligation that a company owes another company or an individual. The holder of the note is considered the lender, and the issuer of the note is known as the borrower.
A balance sheet is a financial report that provides a snapshot of a company's financial situation at a particular time. It shows how much the company owns, how much it owes, and how much equity it has. Assets, liabilities, and stockholders' equity are the three components of a balance sheet. It provides a view of a company's financial performance and helps investors and creditors in decision-making.
Therefore, when Cadie Construction Co. signs a note promising to pay a cement supplier $1,000 60-days from now, the company would record a short-term note payable on her balance sheet. Option B) Short-term note payable is the answer.
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What is a Balance Sheet?
Type your response in the box. As you read this paragraph, think about the various traits of money. On her way to work, Cara stops by her local coffee shop for tea and oatmeal to go. She pays cash and receives change. She then remembers that she needs to get gas. She fills up her car’s tank, and charges it to her credit card. When her shift is over, she goes to the ATM to deposit her paycheck in her savings account. She stops home to change clothes before she goes to the gym. Not wanting to take her purse to the gym, she folds up a $5 bill and puts it in her pocket with her driver’s license. When she pays for water and a banana at the gym, the clerk laughs at how old Cara’s $5 bill is. Cara replies that it’s good that all money looks the same over the past few years. List five ways this scenario references money????? can someone help me please please.
Answer:
Here are some possible answers:
She buys items with cash.
She gets change.
She uses a credit card.
She deposits a paycheck in the bank.
She folds up cash.
She hears that her cash looks old.
She says that it looks the same as newer bills.
Explanation:
PLATO
Answer:
She buys stuff with cash, she gets change, she uses a credit card, she deposits a paycheck in the bank, and she folds up cash
Explanation:
Hope this helps! <3
What are the sales dollars required to attain a target profit of $120,000?.
The sales dollars required to attain a target profit of $120,000 is $400,000.
What are profits?The profits are the financial gains earned by a business or organization after all expenses and costs are deducted from the revenue generated from its operations.
The profits are what is left over when a business subtracts all of its costs, including the cost of goods sold, operating expenses, taxes, and other expenses, from its total revenue.
A business that earns high profits is generally seen as successful, while a business that consistently incurs losses is considered to be struggling. It is a key measure of a company's financial performance and are an important indicator of its ability to generate income.
For attaining a target profit of $120,000, the sales dollars required is $400,000.
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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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Materials cost variances LO P3 Help Save & Exi Juan Company's output for the current period was assigned a $140,000 standard direct materials cost. The direct materials variances included a 511000 favorable price variance and a $2.100 favorable quantity variance. What is the actual total direct materials cost for the current period Check Actual total direct materials cost
The actual total direct materials cost for the current period is $137,900.How to calculate the actual total direct materials cost for the current period?The given information is as follows:Standard direct materials cost = $140,000Favorable price variance = $5,100Favorable quantity variance = $2,100Now, let us calculate the actual total direct materials cost for the current period.
The actual total direct materials cost for the current period is $137,900.How to calculate the actual total direct materials cost for the current period?The given information is as follows:Standard direct materials cost = $140,000Favorable price variance = $5,100Favorable quantity variance = $2,100Now, let us calculate the actual total direct materials cost for the current period.Actual total direct materials cost = Standard direct materials cost + Direct materials price variance + Direct materials quantity varianceDirect materials price variance = Favorable price varianceActual total direct materials cost = $140,000 + $5,100 + $2,100Actual total direct materials cost = $137,900Therefore, the actual total direct materials cost for the current period is $137,900.
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Your friends parent are worried about going over their budget for the month.Which expense would suggest is not a need
A.Groceries
B.Rent payment
C.Car insurance
D.Cable service
Answer:
D
please give brainliest
Privately owned media companies in the united states earn most of their revenue from:.
Answer:
advertising
Explanation: Mark me brainliest!!
Media companies are the group that enabled broadcasting for knowledge, entertainment, and another purpose. The major source of revenue for media companies is advertisements.
What is revenue?The revenue can be described as the actual amount earned by a business by performing its regular business operations. It can be in the form of fixed income or fluctuating income.
The media companies invested in the gathering of the information and the processing for the development of the broadcasting content.
The major revenue source gained by the private media companies was developed from advertising.
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State and explain in detail the emerging issues in Management Accounting
Emerging issues in management accounting refer to the current and evolving trends, challenges, and areas of focus within the field of management accounting.
These issues often arise due to changes in business environments, advancements in technology, evolving regulations, and the need to provide relevant and timely information for effective decision-making. Here are some key emerging issues in management accounting:
Sustainability and Environmental Accounting: With the increasing emphasis on sustainability and environmental responsibility, organizations are incorporating environmental accounting practices into their management accounting systems. This includes measuring and reporting environmental costs, evaluating the environmental impact of business operations, and integrating sustainability goals into decision-making processes.
Big Data and Analytics: The availability of large volumes of data and advancements in data analytics have revolutionized management accounting. Organizations are leveraging big data to improve forecasting, identify trends and patterns, perform predictive analysis, and support strategic decision-making. Data analytics tools help extract actionable insights from complex datasets and enable better financial planning, risk assessment, and performance evaluation.
Integrated Reporting: Integrated reporting aims to provide a comprehensive and holistic view of an organization's performance by combining financial, environmental, social, and governance information in a single report. This emerging approach promotes transparency, accountability, and a broader understanding of an organization's value creation beyond financial metrics.
Risk Management: Risk management is becoming increasingly critical for organizations to navigate uncertainties and safeguard their financial and operational objectives. Management accountants are playing a crucial role in identifying and assessing risks, developing risk management strategies, and implementing effective control systems. Risk-focused management accounting techniques such as enterprise risk management (ERM) and risk-based performance management are gaining prominence.
Digital Transformation and Automation: The digital transformation of business processes is reshaping management accounting practices. Automation tools, artificial intelligence, and robotic process automation are streamlining routine tasks, improving data accuracy, and enabling real-time reporting. Management accountants need to adapt to digital technologies, embrace data-driven decision-making, and develop skills in data management, data analysis, and technology integration.
Changing Role of Management Accountants: The role of management accountants is evolving from traditional financial reporting and cost analysis to strategic business partners. Management accountants are increasingly involved in strategic planning, performance management, risk assessment, and providing insights for decision-making. They need to possess strong analytical skills, business acumen, and communication abilities to effectively collaborate with different stakeholders and contribute to organizational success.
Ethical Considerations: Ethical issues in management accounting, such as ethical decision-making, conflicts of interest, and professional integrity, continue to be important. Organizations and management accountants are focusing on ethical guidelines, and professional codes of conduct, and promoting a culture of ethics to ensure ethical practices in financial reporting, budgeting, and decision-making processes.
It is important for management accountants and organizations to stay updated on these emerging issues and adapt their practices accordingly. Embracing these trends can help organizations gain a competitive advantage, improve decision-making processes, and drive sustainable growth in a rapidly changing business landscape.
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Describe a scenario demonstrating how the Major Concepts of Cryptography can be used in a defense-in-depth plan for an organization.
Assignment Requirements
As a reminder, the Major Concepts of Cryptography are: (YOU NEED TO KNOW THESE)
Confidentiality
Data Integrity
Authentication
Nonrepudiation
For this assignment:
Choose one of the major concepts of cryptography.
Write a report that describes a scenario demonstrating how the chosen major concept of cryptography can be used in a defense-in-depth plan for an organization
Defense-in-depth plans require a comprehensive security framework that protects an organization's assets at several levels, beginning from the perimeter all the way to the internal network. Cryptography plays a critical role in such security frameworks since it can be used to provide various levels of security .
Authentication refers to the process of verifying the identity of a user while non-repudiation provides proof of the origin of data. This essay describes a scenario demonstrating how confidentiality can be used in a defense-in-depth plan for an organization. Confidentiality can be used to protect sensitive information such as business secrets and customer information from unauthorized access, modification, and disclosure. In the scenario below, we demonstrate how confidentiality can be applied in a defense-in-depth plan for an organization that wants to ensure that customer data is protected. Scenario: A medium-sized organization that sells electronics in a physical store and online receives a report of unauthorized access to their customer information database.
The database contains sensitive customer information such as full names, addresses, emails, phone numbers, and credit card numbers. The organization wants to ensure that the information is protected from unauthorized access, modification, and disclosure. They also want to comply with regulatory requirements such as the General Data Protection Regulation (GDPR). The customer database is placed in a separate segment with restricted access. Access Control: The organization installs a firewall that filters traffic to the customer database. Only authorized personnel can access the database, and their access is restricted to specific hours. In addition, the organization enforces strong password policies and multifactor authentication for the authorized personnel.
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The net method views a discount not taken as Multiple choice question. an operating expense. an interest expense. part of the cost of inventory.
The net method is a way of accounting for cash discounts offered to customers. This method assumes that all customers will take advantage of any discounts offered, and calculates the expected discount amount into the cost of goods sold.
If a customer does not take the discount, the amount is then treated as a reduction in the revenue earned from that customer. In regards to the question, the net method views a discount not taken as a part of the cost of inventory. This is because the discount was factored into the cost of goods sold, and if the discount is not taken, the cost of the inventory remains higher than expected. This means that the business incurs a higher cost for the inventory, and the difference between the expected cost and actual cost is then considered a part of the inventory's cost. It is important to note that the net method is used to simplify accounting and make it easier to manage cash discounts. It is not a requirement to use this method, and businesses can choose to account for cash discounts differently if they prefer. However, the net method is a commonly used method and is widely accepted in the accounting industry.
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which of the following are factors that affect consumers’ immediate environment? (check all that apply.) multiple select question. A. company capabilities B. competitors
C. country culture D. corporate partners
The factors that affect consumers' immediate environment are: Company capabilities, Competitors, and Corporate partners.
The immediate environment of consumers refers to the factors and entities that directly influence consumers' interactions and decisions in their day-to-day lives. Several factors can impact the immediate environment, and among the options provided, A, B, and D are the ones that apply:
A. Company capabilities: This refers to the abilities and resources of the company that produces or offers the products or services consumers interact with. The capabilities of a company, such as its product quality, reputation, marketing efforts, and customer service, can significantly impact consumers' immediate environment.
B. Competitors: Competitors are other companies or entities that offer similar products or services in the market. The presence and actions of competitors can influence consumers' choices, pricing, product availability, and the overall competitive dynamics within the immediate environment.
C. Country culture: While country culture can have an impact on consumers' preferences and behaviors, it is not typically considered part of the immediate environment. Country culture represents the broader cultural values, norms, and practices of a particular country, which can influence consumer behavior but do not directly interact with consumers on a day-to-day basis.
D. Corporate partners: Corporate partners are other businesses or organizations that collaborate or have a strategic alliance with the company serving consumers. These partners can play a role in providing complementary products or services, joint marketing efforts, or other cooperative activities that impact the immediate environment in which consumers operate.
The factors that affect consumers' immediate environment include company capabilities, competitors, and corporate partners. These entities and elements directly interact with consumers and influence their choices, decision-making processes, and overall experiences in the marketplace.
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Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She
isn't concerned with personal liability, but she wants
the business to be easy to set up.
Answer:
sole proprietorship
Explanation:
The sole proprietorship is the type of business owned and run by a single individual. The owner is a sole trader. In a sole proprietorship, the owner sources capital by themselves, keeps all the profits, and suffers the losses alone.
A sole proprietorship is the easiest form of business to set up. The only requires to obtain a registration certificate and a trading license from the local authorities. Esperanza should open a sole proprietorship business. Unlimited liability is the biggest shortcoming for a sole proprietorship, but that does not seem to bother Esperanza.
Is a travel agent a part of the primary, secondary or tertiary sector?
a travel agent is a secondary sector
Vaughn Music produces 60000 CDs on which to record music. The CDs have the following costs:
Direct Materials $12500
Direct Labor $14.500
Variable Overhead $2.500
Fixed Overhead $7000
Vaughn could avoid $4000 in fixed overhead costs if it acquires the CDs externally. If cost minimization is the major consideration and the company would prefer to buy the 60000 units externally, what is the maximum amount that Vaughn should pay to purchase the units?
a. $29500
b. $36500
c. $32500
d. $33500
The correct option is Option (c) $32,500. Vaughn should not pay more than $32,500 to purchase the 60,000 units externally if cost minimization is the major consideration.
To determine the maximum amount that Vaughn should pay to purchase the 60,000 units, we need to consider the cost savings from avoiding fixed overhead costs.
The fixed overhead costs that Vaughn could avoid by purchasing the CDs externally amount to $4,000. Therefore, the maximum amount that Vaughn should pay to purchase the units should be less than this amount to ensure cost minimization.
To calculate the maximum purchase price, we subtract the cost savings from the fixed overhead costs of producing the CDs internally from the total cost of producing the CDs internally.
Total cost of producing the CDs internally = Direct Materials + Direct Labor + Variable Overhead + Fixed Overhead
Total cost of producing the CDs internally = $12,500 + $14,500 + $2,500 + $7,000 = $36,500
Maximum purchase price = Total cost of producing the CDs internally - Cost savings from fixed overhead costs
Maximum purchase price = $36,500 - $4,000 = $32,500
Therefore, the maximum amount that Vaughn should pay to purchase the units is $32,500.
In conclusion, Vaughn should not pay more than $32,500 to purchase the 60,000 units externally if cost minimization is the major consideration. The correct option is c. $32,500.
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discuss how you would modify the personal selling approach based upon the brazilian target market. provide an example of the specific changes you would make and justify the changes. identify ethical and regulatory issues that should be considered when marketing in brazil.
The strategy for personal selling must be customized for the intended target market. It would be necessary to make certain alterations and personalize the strategy according to the audience.
By "personal selling," what do you mean?Personal selling, often known as head selling, is a marketing plan in which one salesman attempts to convince a customer to buy a product. It's a type of marketing where the worker sells their skills and knowledge to try to seal the transaction.
What value does personal selling have?This is the best tool for selling to individuals. Salespeople can gather customer feedback and provide them with the key details regarding the company's product. He might ask the salesperson there for personal selling if he has any questions about the product.
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Increasingly, people are buying more fuel-efficient cars that burn less gasoline per mile. This seves people money
when gas prices are high for long periods of time. In response to this demand for fuel eificiency. Eutomakers are
manufacturing cars that get better mileage. Many automakers are even making cars that run on electric batteries
and don't use gasoline at all. How has the price of gasoline acted as an incentive for consumers to demand a
different type of car? How has it sparked innovation in the auto industry? How would you respond as a car buyer
to the high price of gasoline?
How might you work to get your products into those new outlets? What are some strategies you might form?
As the outlet is defined as a store, Which sells slightly or damaged outdated goods, from a particular manufacturer. When the goods are made in greater quantity.
What are the goods?The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.
As the outlet stores mainly, Sell goods that are in overstock, That were made in the past season there are mainly the outlets that mostly sell the products, There are some vendors also there which create familiar-looking items is there at a lower cost.
Therefore, As a result, The outlet is a place where the damaged goods are sold.
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Describe ways to prepare for the future, including your career success and job security?
What is talent management?
ОА.
a strategic plan to coordinate the corporate strategy with the human resources functions
OB. a system that offers an apprenticeship for college graduates
Ос.
a strategic plan for attracting, developing, and retaining human capital
OD.
a method of hiring key management positions from the host country
Answer:
OC.
Explanation:
Consider Country A: Let the domestic demand and supply curves be the following: P_D= 50-Q_D and PS=5+2Q_S . If the world price is $29 what will this country do?
A:
It will export 9 goods
It won’t trade
It will import 9 goods
It will impose a tariff of $5
It will import 4 goods
Country A will import 9 goods.
To determine what Country A will do, we need to first find the equilibrium price and quantity in the domestic market without trade.
We can do this by setting the domestic demand and supply curves equal to each other:
P_D = P_S
50 - Q_D = 5 + 2Q_S
Now, solve for Q_D and Q_S:
50 - Q_D = 5 + 2Q_S
Q_D = Q_S
50 - Q = 5 + 2Q
45 = 3Q
Q = 15
Now, find the domestic equilibrium price:
P = 50 - Q
P = 50 - 15
P = $35
Since the world price is $29, which is lower than the domestic equilibrium price, Country A will import goods. To find the quantity of goods imported, we need to compare the domestic quantity demanded and supplied at the world price:
P_D = 50 - Q_D
29 = 50 - Q_D
Q_D = 21
P_S = 5 + 2Q_S
29 = 5 + 2Q_S
24 = 2Q_S
Q_S = 12
The difference between quantity demanded and quantity supplied at the world price is:
Q_D - Q_S = 21 - 12 = 9
Therefore, Country A will import 9 goods. Your answer is: C: It will import 9 goods.
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Portionpac co-founder, marvin klein, says ethics and integrity are "common sense." klein's moral values and attitudes, which still guide the company today, relate to which set of factors in the ethical decision-making process?
The correct answer to this open question is the following.
Although the question does not provide any options, we can say that the set of factors in the ethical decision-making process are individual, collective, and social.
Ethics and integrity should be "common sense." Moral values and attitudes are so important as key behaviors by the members of the organization. If employees are not guided by these concepts, the risk is that they could deviate from the guidelines and performance expected by the management.
The leader of the company and top management are the ones who have to set the example in order for the workers to follow those steps. The leader has to set an example of the conduct expected in the organization.
identify which assets last a long time and include items such as equipment, land, machinery, or buildings. multiple choice question. regional intangible current fixed
The assets that last a long time and include items such as equipment, land, machinery, or buildings. is: Fixed assets.
What is fixed assets?Fixed assets can be defined as those assets that add value to a company and this assets tend to have a long or lasting useful life span . This type of assets does not varies.
Examples of fixed assets includes the following:
EquipmentLandMachineryFurnitureVehiclesComputerBuildings etc.Therefore we can conclude that fixed assets tend to last a long time compare to any other assets due to their durability.
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by what action does the federal reserve trt to control inflation
Answer: Monetary Policy
Explanation:
The Fed controls inflation through monetary policy whereby it either increases the supply of money in the economy or it decreases it. The logic being that when there is more money in the economy, people will be able to buy more goods and services which would lead to a rise in prices as demand pulls up inflation rates.
The reverse holds true.
The Fed uses tools such as Open market operations and adjusting the reserve requirement to accomplish monetary policy.
If the goal is to increase money supply, the Fed embarks on Open market operations where it buys securities(paying the public puts money into the economy) from the public as well as reducing the reserve requirement which increases the amounts that banks can loan out.
To reduce money supply the Fed sells securities and increases the reserve requirement. There are other tools for monetary police but the basic premise is the same; they are used to either increase or decrease money supply.
Waterway+industries+has+a+contribution+margin+of+$330000+and+a+contribution+margin+ratio+of+30%.+how+much+are+total+variable+costs?+$231000+$1100000+$770000+$99000
Waterway Industries' contribution margin is $330,000, and its contribution margin ratio is 30%. To calculate the total variable costs, we can use the contribution margin ratio formula:
Contribution Margin = Sales - Variable Costs
Since the contribution margin ratio is 30%, it means that 30% of sales covers the variable costs, while the remaining 70% covers the fixed costs and generates profit.
Let's assign the total variable costs as 'X.' We can write the equation as:
$330,000 = Sales - X
To find the sales value, we need to divide the contribution margin by the contribution margin ratio:
Sales = Contribution Margin / Contribution Margin Ratio
Sales = $330,000 / 0.30 = $1,100,000
Now, we can substitute the sales value into the equation:
$1,100,000 - X = $330,000
By rearranging the equation, we can solve for X:
X = $1,100,000 - $330,000 = $770,000
Therefore, the total variable costs for Waterway Industries are $770,000.
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When Martin reads a story out loud, he stops to emphasize all important words and even makes funny voices to go along with the story. What element of reading fluency is Martin using?
rate
accuracy
speed
expression
Answer:
It's expression or on edge D
Explanation:
Answer:
D
Explanation:
good luck :)
the data above indicates that increasing the production of capital goods requires increasing sacrifices of consumer goods decreasing sacrifices of consumer goods constant sacrifices of consumer goods no sacrifices of consumer goods
Increasing the production of capital goods requires Increasing sacrifices of consumer goods.
Capital goods are tangible resources that a business uses in the production of goods and services that consumers will eventually use. Buildings, machinery, equipment, vehicles, and tools are examples of capital goods.
Capital goods are movable items like real estate, manufacturing facilities, and machinery that are used to create finished consumer goods. Consumer goods are also finished goods that are purchased by end users for consumption or their intended use, including things like food, clothing, automobiles, and electronic appliances.
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