Jeter Corporation had net income of $222,000 based on variable costing. Beginning and ending inventories were 7,000 units and 12,000 units, respectively. Assume the fixed overhead per unit was $6 for both the beginning and ending inventory. What is net income under absorption costing?
Answers
Answer:
$252,000
Explanation:
The computation of the net income under absorption costing is shown below:
Net operating income under variable costing $222,000
Add: fixed manufacturing overhead cost {(12,000 units - 7,000 units) × $6} $30,000
Net operating income under absorption costing $252,000
We simply added the fixed manufacturing overhead to the Net operating income under variable costing so that the net operating income under absorption costing as it includes the fixed cost
Related Questions
tough Rock Ltd. needs to acquire a piece of drilling equipment which will cost the company $55,000. It is estimated that in 14 years’ time the machine can be salvaged for $5,500. The company’s bank has agreed to advance funds for the entire purchase price at 6 percent per annum payable in equal installments over the 14 years. Alternatively, the machine could be leased over the 14 years from the manufacturer, by way of an operating lease with annual lease payments of $4,250. The company’s tax rate is 25 percent, and its cost of capital is 12 percent. The equipment has a CCA rate of 20 percent. If the machine is owned, annual maintenance costs will be $550.
Answers
Before deciding upon whether to purchase or lease drilling equipment, a helpful analysis entails cogitating the respective net present values (NPV) of both options while minding the business's cost of capital at 12%.
Option 1: Buying• Initial expenditure: $55,000
• Yearly loan payment approximating $5,936.98 (at 6% interest over 14 years).
• Annual maintenance expenditure: $550.
• Tax savings from Capital Cost Allowance (CCA): Highest in Year 1 with approximately $8,250, relenting afterwards.
• Salvage value - $5,500.
Option 2: Leasing• Yearly lease installment: $4,250.
• Tax savings from lease repayment amounting to around $1,062.50.
• Net annual leasing payment tallying – $3,187.50.
Calculate and analyze each course of action’s NPV.
Choose whichever offers the elevated NPV accounting for any stipulated information and suppositions; still, it is fundamental for one to take stock of other boundaries such as market moods, interest levels, and fisc regulations, in order to obtain an informed judgment on the matter.
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Use T-accounts to record the transactions below, which occur on March 12, 2021, close the T-accounts, and construct a balance sheet to answer the question. 1. Issue $80,000 in stock 2. Borrow $65,000 from a bank 3. Receive payment of $12,000 owed by a customer 4. Pay $6,000 owed to a supplier 5. Buy $17,000 worth of manufacturing supplies on credit What is the final amount in Total Assets
Answers
Answer:
The final amount in Total Assets is:
= $156,000.
Explanation:
a) Data and Analysis:
1. Cash $80,000 Common Stock $80,000
2. Cash $65,000 Bank Loan Payable $65,000
3. Cash $12,000 Accounts receivable $12,000
4. Accounts payable $6,000 Cash $6,000
5. Manufacturing supplies $17,000 Accounts payable $17,000
T-accounts
Cash
Account Titles Debit Credit
1. Common Stock $80,000
2. Bank Loan Payable 65,000
3. Accounts receivable 12,000
4. Accounts payable $6,000
Balance $151,000
Manufacturing supplies
Account Titles Debit Credit
5. Accounts payable $17,000
Common Stock
Account Titles Debit Credit
1. Cash $80,000
Bank Loan Payable
Account Titles Debit Credit
2. Cash $65,000
Accounts receivable
Account Titles Debit Credit
3. Cash $12,000
Accounts payable
Account Titles Debit Credit
4. Cash $6,000
5. Manufacturing supplies $17,000
Balance $11,000
Cash $151,000
Manufacturing supplies 17,000
Common stock $80,000
Bank loan payable 65,000
Accounts receivable 12,000
Accounts payable 11,000
Total $168,000 $168,000
Balance Sheet:
Assets:
Cash $151,000
Manufacturing supplies 17,000
Accounts receivable (12,000)
Total assets $156,000
Itzair has completed the balance sheet for his business. What is one question the balance sheet answers about the business?
COA.
"How much debt does my business have?"
OB. "Who do I owe for my cost of goods sold?"
OC. "What percentage of sales tax is required?"
COD. "Did I meet my end-of-year profit goals?"
)
Answers
The question that balance sheet answers about the business is "How much of debt does my business have?".
What is a balance sheet?A balance sheet is financial statement that reports company's assets, liabilities, and equity at a specific point in time. It provides a snapshot of a company's financial position and helps investors and stakeholders understand the company's financial health. The assets section of the balance sheet includes items such as cash, investments, inventory, and property. The liabilities section includes items such as loans, accounts payable, and taxes owed. The equity section includes items such as retained earnings and stockholders' equity. The balance sheet is important because it provides insights into a company's financial stability, liquidity, and ability to meet its obligations. It is commonly used by investors, analysts, and creditors to evaluate a company's financial health and make informed decisions.
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Why is it important to consider your education, hobbies, personality traits and corporations affect your decision to start a business based on your personal attributes and qualities? n
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While coming up with a business idea, crucial to take into account one's background, interests, personality, professional experience, the sustainability of enterprise depends on individual came up the concept.
Why are character attributes deemed crucial for business owners?Entrepreneurs that are knowledgeable and skilled tend to be more confident. They can listen to other people's viewpoints without feeling scared thanks to their confidence. Entrepreneurs should be very creative and innovative. Being resilient in spite of setbacks or difficulties enables you to keep going and try again till you win. This is among the qualities that are most crucial for success since it prevents individuals from giving out on their ambitions.
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Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2021, accounts receivable totaled $625,000. The allowance method is used to account for uncollectible accounts. The allowance for uncollectible accounts had a credit balance of $32,000 at the beginning of 2021 and $21,000 in receivables were written off during the year as uncollectible. Also, $1,200 in cash was received in December from a customer whose account previously had been written off. The company estimates bad debts by applying a percentage of 10% to accounts receivable at the end of the year.
Required:
Prepare journal entries to record the write-off of receivables, the collection of Sl,200 for previously written off receivables, and the year-end adjusting entry for bad debt expense.
Answers
Answer and Explanation:
The journal entries are shown below:
Allowance for uncollectible accounts $21,000
To Account receivable $21,000
(being written off is recorded)
Account receivable Dr $1,200
To Allowance for uncollectible accounts $1,200
(Being written back of receivable is recorded)
Cash Dr $1,200
To Account receivable $1,200
(being cash received is recorded)
Bad debt expense $50,300 ($32,000 - $21,000 + $1,200 - $625,000 × 0.10)
To Allowance for uncollectible accounts $50,300
(being the bad debt expense is recorded)
An advertisement in which a celebrity endorses a product would be using which of the following advertising techniques:
Sense Appeal
Humor
Testimonial
Statistics
Answers
Answer: is C on UNIT 5 EXAM
An advertisement in which a celebrity endorses a product would be using Testimonials. Thus, the third option is correct.
What is a advertisement?Advertisement is defined as a kind of communication in which a product, brand, or service is advertised to a target audience in order to generate interest, engagement, and sales. Advertisements (also known as ads or adverts) appear in a variety of formats, ranging from text to interactive video, and have evolved to become an important element of the app marketplace.
A testimonial is a statement made by a consumer regarding how a product or service has helped them, and it frequently involves the customer praising it. Testimonial advertising incorporates genuine customer feedback into ad language and creative to instill trust in potential customers, making it one of the most effective ways to sell your brand.
Therefore, testimonials should be used in a advertisement where a celebrity endorses a product.
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Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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Help please I dont get it
Answers
Tariffs imposed to importing clothes to protect domestic manufacturers of clothing.
What are the major economic social goals in the USA?All economic systems aim to accomplish a number of overarching social objectives, such as economic effectiveness, equity, freedom, growth, security, and stability. The quality of life for all its residents is influenced by how these goals are prioritized and how well an economy performs in achieving them.The goal of the Federal Reserve is to support a robust American economy. To be more precise, the Fed is in charge of implementing the country's monetary policy in order to achieve the objectives of maximum employment, price stability, and moderate long-term interest rates. Economic stability is the most crucial economic objective. This is so that other macroeconomic goals can be attained, which is made possible by economic stability. Prices may fluctuate if the economy is not stable; this may lead to inflation or deflation, which will affect the currency effect.To more learn about economic social goals in USA refers to:
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Samantha has the following assets and liabilities. What is her net worth?
Assets
car - $4,200
savings account - $200
cash - $20
Liabilities
car loan - $1,500
credit card - $100
Answers
$4,200 + $200 + $20 - $1,500 + $100
$4,820 - $1,600
= $3,220
Net worth = $3,220
Why the companies need to extend their product life cycle?
Answers
Answer:
because of the product and the correct one is the one of the product is not working properly
What steps will allow you to use the Keep Together property to ensure that none of the records are broken between two pages when they are printed?
Answers
Answer: 1. design
2. property sheet
3. yes
Explanation: just did it
You are planning to put $3,500 in the bank at the end of each year for the next four years in hopes that you will have enough money for a down payment on a condo. If you are investing at an annual interest rate of 5%, you'll have accumulated ___________ at the end of four years.
You decided to deposit your money in the bank at the beginning of the year instead of the end of the same year, but now you are making payments of $2,500 at an annual interest rate of 6%. How much money will you have available at the end of seven years?
Answers
Answer:
Results are below.
Explanation:
Giving the following information:
Annual deposit (A)= $3,500
Number of periods (n)= 4 years
Interest rate (i)= 5%
To calculate the future value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,500*[(1.05^4) - 1]} / 0.05
FV= $15,085.44
Now, the deposit is at the beginning:
Annual deposit (A)= $2,500
Number of periods (n)= 7 years
Interest rate (i)= 6%
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= {2,500*[(1.06^7) - 1]} / 0.06 + {[2,500*(1.06)^7] - 2,500}
FV= 20,984.59 + 1,259.08
FV= $22,243.67
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Answers
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below.
Accounts Debit Credit
Cash $8,800
Accounts Receivable 13,800
Prepaid Rent 5,760
Supplies 2,800
Deferred Revenue $1,800
Common Stock 10,000
Retained Earnings 4,800
Service Revenue 43,560
Salaries Expense 29,000
$60,160 $60,160
At year-end, the following additional information is available:
a. The balance of Prepaid Rent, $5,760, represents payment on October 31, 2021, for rent from November 1, 2021, to April 30, 2022.
b. The balance of Deferred Revenue, $1,800, represents payment in advance from a customer. By the end of the year, $450 of the services have been provided.
c. An additional $600 in salaries is owed to employees at the end of the year but will not be paid until January 4, 2022.
d. The balance of Supplies, $2,800, represents the amount of office supplies on hand at the beginning of the year of $1,100 plus an additional $1,700 purchased throughout 2021. By the end of 2021, only $680 of supplies remains.
Required:
Update account balances for the year-end information by recording any necessary adjusting entries.
Answers
Answer and Explanation:
The Journal entry is shown below:-
1. Rent expense Dr, $1,920 ($5,760 × 2 ÷ 6)
To Prepaid rent $1,920
(Being rent expense is recorded)
2. Unearned revenue Dr, $450
To Service revenue $450
(Being service revenue is recorded)
3. Salary expense Dr, $600
To Salary payable $600
(Being salary expense is recorded)
4. Supplies expense Dr, $2,120 ($1,100 + $1,700 - $680)
To Supplies $2,120
(Being supplies expense is recorded)
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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How does techonology contribute the development of our economy?
Answers
Answer:
it's very important question because ppl focuses on investment they no think its profit or not people also contribute in theory which make advance machinery and helps to go rich the society
In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.
Identify one supply or demand shifting factor that the community could have some control over or do something about
Answers
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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HRM is becoming less important as more and more jobs are automated
Answers
Artificial intelligence will not replace human resources, but it will surely improve it. AI offers the opportunity to utilize HR capabilities in novel and creative ways. Here are three ways that the convergence of AI and HR will have a substantial influence.
How does automation affect human resources?Because of the time and volume of physical paperwork necessary in day-to-day HR activities, HR automation has emerged. If your HR staff spends more time on administration than on leveraging their important abilities in other areas of the business, it's time to find a new method of working. HR teams may spend more time on more difficult duties by automating simple yet time-consuming activities. Employees can also spend less time on HR tasks like requesting time off or selecting perks.
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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Answers
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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Because health and safety are important in all workplaces, not just hazardous ones, what working conditions must ALL employers provide at the workplace?
A fire extinguishers and a safety ladder
B hardhats and reflective vests
C drinking water and a clean restroom
D safety goggles and a first aid kit
Answers
Drinking water is essential for employees to stay hydrated throughout the workday and maintain their overall well-being. Option C
All employers, regardless of the nature of the workplace, have a responsibility to provide certain basic working conditions to ensure the health and safety of their employees. These conditions include access to drinking water and a clean restroom.
Drinking water is essential for employees to stay hydrated throughout the workday and maintain their overall well-being. It helps prevent dehydration, which can lead to fatigue, decreased productivity, and other health issues.
Additionally, a clean restroom is necessary to maintain hygiene and sanitation standards in the workplace. Proper sanitation facilities are essential for employees' health and well-being. Clean restrooms help prevent the spread of diseases, promote good hygiene practices, and provide a comfortable and dignified environment for employees.
While items like fire extinguishers, safety ladders, hardhats, reflective vests, safety goggles, and first aid kits may be required in certain workplaces based on specific hazards, drinking water and a clean restroom are fundamental provisions that all employers should provide regardless of the nature of work.
Option C.
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Provided other eligibility requirements are met, who is eligible for Medicare?
Answers
Answer:
Generally, Medicare is available for people age 65 or older, younger people with disabilities and people with End Stage Renal Disease (permanent kidney failure requiring dialysis or transplant). You or your spouse had Medicare-covered government employment.
Analyze the role played by government, universities, and entrepreneuers in innovation
Answers
The role played by government, universities, and entrepreneurs in innovation contributes unique resources, expertise, and perspectives that foster innovation and propel economic growth.
Here is an analysis of the role played by each:
Government:Government plays a vital role in innovation through various means:
a. Funding and Support: Governments allocate funds to support research and development (R&D) activities, providing grants, subsidies, and tax incentives for innovative projects.
b. Policy and Regulation: Governments create an enabling environment for innovation by implementing policies and regulations that promote competition, protect intellectual property rights, and encourage entrepreneurship.
c. Infrastructure and Education: Governments invest in physical infrastructure, such as transportation and communication networks, which are essential for innovation.
Universities:Universities play a critical role in innovation through research, education, and collaboration:
a. Research and Development: Universities are centers of knowledge creation and innovation. They conduct research across various disciplines, pushing the boundaries of knowledge and discovering new technologies, processes, and solutions.
b. Talent Development: Universities educate and train students in diverse fields, equipping them with the skills and knowledge to contribute to innovation. They foster critical thinking, problem-solving abilities, and a culture of exploration and curiosity.
c. Technology Transfer: Universities facilitate the transfer of research outcomes and technologies to the commercial sector. They collaborate with entrepreneurs and industry partners to commercialize innovations through licensing agreements, spin-off companies, or joint ventures.
Entrepreneurs:Entrepreneurs are central to the process of innovation and play a key role in transforming ideas into marketable products or services:
a. Idea Generation: Entrepreneurs are often the initiators of innovative ideas. They identify opportunities, envision new products or services, and develop unique value propositions. Their entrepreneurial mindset drives them to challenge existing norms and seek novel solutions.
b. Risk-Taking and Investment: Entrepreneurs take on risks by investing their resources, time, and effort into developing and commercializing innovations. They secure funding from various sources, such as venture capital, angel investors, or government grants, to finance their ventures.
c. Market Adoption and Scaling: Entrepreneurs are responsible for bringing innovations to the market and driving their adoption. They navigate challenges such as market validation, customer acquisition, and scaling operations.
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what is the starting salary of an entry level librarian? it could hour wage or yearly.
Answers
Answer:
$46k–84kper year
Explanation:
Answer:
Which city, though?
Explanation:
Highest Paying Cities for Entry Level Librarian Jobs.
City Richmond, CA
Annual Salary $46,419
Monthly Pay $3,868
Weekly Pay $893
Hourly Wage $22.32
Match the association type with the person that best fits the description: professional association a. someone who is active in your favorite Internet chat room b. your brothers and sisters c. the man you met while walking your dog d. your doctor
Answers
Answer:
the answer to your question is D. your Doctor
Explanation:
Did on Edge and got it correct
The association type with the person that best fits the description: professional association your doctor.
Thus, the correct option is D.
What do you mean by a doctor?Although doctors do save lives, their significance extends well beyond that. Doctors also have an impact by assisting patients in reducing pain, speeding up illness recovery, or adjusting to living with an incapacitating injury.
Even if a patient cannot be cured, their capacity to enjoy life makes a significant difference to them and their relatives. It is advantageous for both parties involved if an employee can return to work after being ill. And that's not the only reason why doctors are crucial to society.
Nobody wants to get sick, crippled, or dependent on others. The preferable option is to avoid getting sick or hurt: it's less expensive, better for our health, and we lose less money if we don't get sick frequently.
For society as a whole, preventive care is crucial. Drugs, hospital stays, or surgery are often out of reach for many individuals in the United States and around the world.
Medical professionals close the health gap between wealthy and poor communities by encouraging preventive care and keeping individuals healthy.
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Volatile price changes, technological changes, and government intervention are what type of risks?
Answers
Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.
What are Volatile price changesVolatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.
Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.
To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.
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The inflation rate over the past year was 4.2 percent. If an investment had a real return of 9.4 percent, what was the nominal return on the investment?
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Hope it helps you
Peabody, Inc., sells fireworks. The company’s marketing director developed the following cost of goods sold budget for April, May, June, and July. April May June July Budgeted cost of goods sold $79,000 $89,000 $99,000 $105,000 Peabody had a beginning inventory balance of $2,700 on April 1 and a beginning balance in accounts payable of $15,000. The company desires to maintain an ending inventory balance equal to 20 percent of the next period’s cost of goods sold. Peabody makes all purchases on account. The company pays 70 percent of accounts payable in the month of purchase and the remaining 30 percent in the month following purchase. Required a. Prepare an inventory purchases budget for April, May, and June. b. Determine the amount of ending inventory Peabody will report on the end-of-quarter pro forma balance sheet. c. Prepare a schedule of cash payments for inventory for April, May, and June. d. Determine the balance in accounts payable Peabody will report on the end-of-quarter pro forma balance sheet. This is the last question in the assignment. To submit, use Alt + S. To access other questions, proceed to the question map button.Next Visit question mapQuestion 7 of 7 Total7 of 7 Prev
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Answer:
Peabody, Inc.
a. Inventory Purchase Budget:
April May June
Budgeted cost of goods sold $79,000 $89,000 $99,000
Add Ending Inventory 17,800 19,800 21,000
Cost of Goods Available 4 Sale $96,800 118,800 120,000
Less Beginning Inventory 2,700 17,800 19,80
Purchases $94,100 $101,000 $100,200
b. The amount of Ending Inventory that Peabody will report on the end-of-quarter proforma balance sheet is:
$21,000
c. A Schedule of Cash Payments for Inventory:
April May June
70% in month of purchase 65,870 70,700 70,140
30% in the month following 15,000 28,230 30,300
Total payment $80,870 $98,930 $100,440
d. Balance of the Accounts Payable is:
$30,060
Explanation:
a) Data and Calculations:
1. Cost of Goods Sold Budget:
April May June July
Budgeted cost of goods sold $79,000 $89,000 $99,000 $105,000
Add Ending Inventory 17,800 19,800 21,000
Cost of Goods Available 4 Sale $96,800 118,800 120,000
Less Beginning Inventory 2,700 17,800 19,800 21,000
Purchases $94,100 $101,000 $100,200
Accounts Payable
Beginning balance $15,000 $28,230 $30,300
Purchases $94,100 $101,000 $100,200
Less payment:
70% in month of purchase 65,870 70,700 70,140
30% in the month following 15,000 28,230 30,300
Ending balance $28,230 $30,300 $30,060
Does retail storage with customer pick up pose any risk for distribution network?
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Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.
PLEASE HELP AHHH! IM BAD AT BUSINESS ;-;
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Answer:same
Explanation:
Word processing software
Businesses of all sizes experience various degrees of risk in the course of their regular operation, but small businesses are particularly vulnerable to it, because they often lack resources (such as cash reserves or lines of credit) to keep them operating during hard times. In this activity, go online to find a company that you think is particularly susceptible to risk. Then, develop a risk profile that describes the nature of those risks.
Step 1: Research a Small Business
Conduct an online search for a small business to study. Note that small businesses typically have fewer than 500 employees. If you already have a small business in mind, you can skip to the next step.
Review the company’s websites, sales literature, competition, and any other online information that you think may be relevant to understanding their risks.
Consider these questions:
Are the risks to the business mostly external, internal, or both?
Does the business operate in a naturally hazardous or heavily regulated industry?
Does the location of the business make it vulnerable?
Do aspects of the business’s operations make it susceptible to people risks?
Does the business operate in a way that leaves it open to technology risks?
Step 2: Create a Risk Profile
The risk profile should identify five risks in priority order. Make a list and number it 1-5.
Next to each number add a title for each risk. For example, if the company has risk associated with a long sales cycles and the problems it creates with cash flow, your title might be: “1. Risk: Long Sales Cycles.” Make sure your risks are numbered in priority order.
Add bullet points beneath each risk that describes the category of the risk, and whether it is internal or external, controllable or not.
Add a last bullet to describes a realistic way of managing the risk.
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Note that this prompt is on creating a risk profile. Here is how to do one.
How to create a risk profileCreating a risk profile entails evaluating probable hazards capable of causing damage to a company's operations. Begin by classifying these vulnerabilities according to types- financial, operational, strategic, compliance or reputational hazards before determining their significance in order typically from highest or lowest.
For each threat identified during this classification exercise establish whether it's an internal or external one based on its source but most importantly ascertain whether it's within control or not.
To remain resilient in the midst of evolving business environments, it is imperative for small businesses to conduct periodic reviews and revisions of their risk profiles. By engaging in consistent risk monitoring activities, enterprises can take proactive measures to evade potential hazards and bolster their defences against risks.
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