Morrow snowboards most likely switched to a perpetual inventory system because the perpetual inventory system is a method of accounting for inventory that constantly updates records to show current inventory levels.
This system keeps track of each transaction as it occurs, which makes it easier to monitor inventory levels and the cost of goods sold at any given time.Morrow Snowboards most likely made the switch to a perpetual inventory system for several reasons, such as more efficient and accurate record-keeping, better tracking of inventory costs and usage, and improved control over the supply chain. This allows the company to have a better understanding of their stock levels and can help them make more informed decisions when it comes to inventory management. With a perpetual inventory system, Morrow Snowboards can better manage their inventory and meet customer demand by making timely orders and restocking popular items.
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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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benefit of family buisness
Answer:
Commitment and unified leadership.
Stability.
Trust and authenticity.
Flexibility and versatility.
Vision and long-term goals.
Decrease costs and expenditures.
Next-generation ingenuity.
Answer:
you can inherit and have your life made for you
Explanation:
If an engine has a Base Timing of 10° BTDC, but is currently firing at 5°, which is it
Based on the principle of starting engine, the correct answer is turbocharged engine
Turbocharged engineStarting a turbocharged engine, the timing is reduced to compel the peak starting pressure later in the combustion stroke.In conclusion, we can conclude that the correct answer is turbocharged engine.
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Which of these is a major contributor to jobless recoveries? a) a sharp decline in productivity b) firms using fewer part-time and temporary employees c)an increase in offshoring by major corporations d) All of these are major contributors to jobless recoveries.
The correct answer is: d) All of these are major contributors to jobless recoveries.
All of the options mentioned can be major contributors to jobless recoveries. A sharp decline in productivity can lead to reduced demand for labor, causing joblessness. Firms using fewer part-time and temporary employees may indicate a cautious approach to hiring and a slower recovery in job creation. An increase in offshoring by major corporations can result in the relocation of jobs to other countries, leading to a decline in domestic employment. Therefore, all of these factors can contribute to jobless recoveries.
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Now, you are going to M/U the clothes that you purchased by 250%. 3 shirts for $3.00, 3 pants for $4.50 and 2 dresses for $5.00. What is the new TOTAL marked-up price? Group of answer choices $250.00 $22.50 $13.25 $31.25
Answer:
$ 31.25
Explanation:
Total Price = Shirts price+ Pants Price+ Dresses Price
= $3.0 + $ 4.5+ $ 5.0
= $ 12.5
Total Marked Up Price= Cost Price *(Marked %)
= 12. 5 * 250/100
= 12.5 * 2.5
= $ 31.25
The marked up percentage is multiplied with original cost to get the total marked up price.
The marked up percentage is 250% which means 250 per cent or 250/100
When we divide 250 with 100 we get 2.50
The total price is obtained by adding all the original prices of the given items.
Again multiplying 2.50 with the Total Price $ 12.5 gives the answer of $ 31.25
how is marine insurance different from automobile insurance
Answer: There are many factors, but the most noticeable ones are differences in the ability to suspend coverage, “agreed value”, and navigational limits.
Explain the technique of making bamboo based handicrafts with an example.
Answer:
Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.
Explanation:
Example: •Bamboo furniture
•Bamboo toys
•Bamboo wind chimes
•Bamboo lamps and lanterns
•Bamboo placements and coasters
The technique bamboos are processed into thin strips or sheet materials for bamboo plaiting, known as bamboo strips and the processing procedures of bamboo strips include selecting materials, sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering. For example, bamboo furniture.
What is the process of making bamboo handicrafts?The process of making bamboo handicrafts is given below. First, the bamboo is completely dried before use. The bamboo is segregated in the beginning according to the products that are going to be made. They are cut to the required sizes with the help of a bamboo sawing machine. The cut bamboo sticks are arranged for the products that have to be made.
The products are always made depending on the client’s orders. For example, to make a stool, bamboo is cut respectively into four sets to make the legs and eight sets of smaller lengths to connect the legs horizontally to get a firm hold of the four legs of the stool. A stool is something similar to that a chair but doesn’t hold a backrest.
A stool is a seat for a single person without any backrest.
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The goal of a pitch Deck is to get investor’s attention true or false
Answer:
true
Explanation:
True. A pitch deck is a visual presentation that is used to provide potential investors with an overview of a company's business plan, financials, and growth potential. The goal of a pitch deck is to capture the investor's attention and interest, and to persuade them to invest in the company. A good pitch deck should be clear, concise, and persuasive, and should highlight the key points that investors need to know in order to make an informed decision about whether to invest in the company.
a _____ is an eight-sheet billboard that offers a panel surface of 6 feet high by 12 feet wide.
A standard billboard, also known as a poster billboard, is an eight-sheet billboard that offers a panel surface of 6 feet high by 12 feet wide. It is one of the most common and widely used types of outdoor advertising displays.
The panel surface of the standard billboard is typically made of durable materials like vinyl or digital prints, allowing for high-quality graphics and messages to be displayed. Its compact size makes it suitable for various locations, such as roadsides, urban areas, and commercial areas. Standard billboards are effective in capturing the attention of passing motorists and pedestrians, making them a popular choice for advertisers to promote their products, services, or messages.
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you have been instructed to destroy several old hard drives that contained confidential information, so you take them to a local company that specializes in this process. the it director wants confirmation that the drives were properly destroyed. what do you need to provide him with?
you need to provide him with a certificate of destruction.
In 1982, the German thrash metal group Destruction was founded. They are frequently referred to as one of the "Big Four" bands of German thrash metal, together with Kreator, Sodom, and Tankard. Destruction was a part of the second wave of thrash metal in the mid- to late 1980s, alongside American bands like Testament, Sacred Reich, Death Angel, and Dark Angel, and contributed to the creation of black metal by containing various aspects that would later make up the genre. The band had to self-produce its albums for the most of the 1990s because it was not signed to a record label, and they did so until they entered into an agreement with Nuclear Blast in the early 2000s.
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Hannah has decided to save for a vacation in 18 months. she will save the money into a short-term investment account returning 4% annually. how much will she have to put away at the beginning of each month if the vacation cost is $15,000? (round to the nearest dollar.)
Hannah needs to put away approximately $798 at the beginning of each month to accumulate $15,000 over the 18-month period.
To calculate the monthly savings needed, we can use the concept of future value of an ordinary annuity. The future value formula for an annuity is:
FV = P * [(1 + r)^n - 1] / r
Where:
FV = Future value (desired vacation cost)
P = Monthly savings
r = Interest rate per period (annual rate divided by the number of periods)
n = Number of periods (in this case, the number of months)
In this scenario, the future value (FV) is $15,000, the interest rate (r) is 4% annually (or 0.04 divided by 12 for monthly rate), and the number of periods (n) is 18 months. Plugging these values into the formula, we can solve for P:
$15,000 = P * [(1 + 0.04/12)^18 - 1] / (0.04/12)
By simplifying and solving this equation, we find that Hannah needs to put away approximately $798 at the beginning of each month to accumulate $15,000 over the 18-month period.
Note: The calculated amount may vary slightly depending on rounding methods used in intermediate calculations.
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HELP ASAP I NEED TO TURN IT IN RN (Econ) idk if the answer is A I accidentally clicked it
Answer:
C is S1.
Explanation:
How does the rate of a proportional tax change with income?
Answer:
same
Explanation:
Proportional tax, also referred to as a flat tax, affects low-, middle-, and high-income earners relatively equally. They all pay the same tax rate, regardless of income.
Mark and Anthony are business partners of a franchised bakery. They have reached the end of the current financial year, and they assume that they must pay taxes. Since they have a partnership agreement, what must they submit?
A. Income tax return
B. information return
C. IRS tax claim
D. article of organization
E. policy document
Answer:
B. Information return
Explanation:
Corporations, trusts, individuals, estates, partnerships, that engage in business or trade and make transactions which are reportable shall report the transactions by filing an information return with the IRS, that indicates the amount a person received as payment within the calendar year on which the information return is based
The details on the information return can be used for ensuring that the tax returns are correctly filed
Payments made by owners of businesses such as compensation for nonemployee and employee requires the filing of an information return
It is important to save a copy of the information returns being filed each year
You have a handyman services business. You have the following financial information for the month. Initial cash balance: $1,500 Projected revenue based on existing clients: $2,500 Gas: $100 Equipment maintenance fees: $300 Truck payment: $400 Payroll: $3,000 Insurance: $120 What is your projected ending cash balance for the month? Question 37 options:
A $4,000
B($80)
C $80
D $500
Answer:
$500
Explanation:
i did the test
From the given financial information the month end outcome of the Closing cash balance after considering all cash balance is $80.
What is Closing cash balance?
Closing Cash Balance or remaining cash balance refers to the remaining balance accounted by the accountant at the end of every particular period after considering all inflows and outflows of cash & cash equivalents from the opening balance of cash.
The inflows would be amount realized from the sale of goods or rendering of services, amount paid by debtors, sale of scarp, disposal of investment, etc.
Whereas outflows would be payment made to suppliers, creditors for expenses, revenue & capital expenditure of cash nature.
Following equation will give us better understanding:
Closing cash balance = Opening cash balance ($1,500) + Revenue ($2,500) - Gas ($100) - Equipment maintenance fees ($300) - Truck payment ($400) - Payroll ($3,000) - Insurance ($120) = $80.
Therefore the closing cash balance is $80.
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on january 1, 2016, ruby company purchased a piece of equipment with a list price of $60,000. the following amounts were related to the equipment purchase: terms of the purchase were 2/10, net 30. ruby paid for the purchase on january 8. freight costs of $1,000 were incurred. a state agency required that a pollution control device be installed on the equipment at a cost of $2,500. during installation, the equipment was damaged and repair costs of $4,000 were incurred. architect's fees of $5,900 were paid to redesign the work space to accommodate the new equipment. ruby purchased liability insurance to cover possible damage to the asset. the three-year policy cost $8,000. ruby financed the purchase with a bank loan. interest of $3,000 was paid on the loan during 2016.
If on january 1, 2016, ruby company purchased a piece of equipment with a list price of $60,000 and the terms of the purchase were 2/10, net 30. ruby paid for the purchase on january 8. freight costs of $1,000 were incurred. The acquisition cost of the equipment is $72,200.
Acquisition cost of the equipmentUsing this formula to determine or to find the acquisition cost of the equipment
Acquisition Cost = Net purchase cost + Freight inward cost + Repair cost + Cost of pollution control device + Architect's fees
Let plug in the formula
Acquisition Cost of equipment = ( $60,000 ×98%) + $1,000 + $4,000 + $2,500 + $5,900
Acquisition Cost of equipment = $58,800 + $1,000 + $4,000 + $2,500 + $5,900
Acquisition Cost of equipment = $72,200
Therefore we can conclude that $72,200 is the acquisition cost.
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The complete question is:
on january 1, 2016, ruby company purchased a piece of equipment with a list price of $60,000. the following amounts were related to the equipment purchase: terms of the purchase were 2/10, net 30. ruby paid for the purchase on january 8. freight costs of $1,000 were incurred. a state agency required that a pollution control device be installed on the equipment at a cost of $2,500. during installation, the equipment was damaged and repair costs of $4,000 were incurred. architect's fees of $5,900 were paid to redesign the work space to accommodate the new equipment. ruby purchased liability insurance to cover possible damage to the asset. the three-year policy cost $8,000. ruby financed the purchase with a bank loan. interest of $3,000 was paid on the loan during 2016.
Required: Determine the acquisition cost of the equipment.
1) Inflation represents the rate of increase of the average price of goods. If inflation decreases from 10% to 5%, does the average price of goods decrease? Explain.
No, the average price of goods does not decrease when inflation decreases from 10% to 5%.
Inflation represents the rate of increase in the average price of goods and services over time. When inflation decreases, it means that the rate of price increase has slowed down, but it does not imply a decrease in the average price itself. Even with a lower inflation rate, prices can still continue to rise, albeit at a slower pace.
The percentage of inflation indicates the extent of price increase compared to the previous period. If the inflation rate decreases from 10% to 5%, it means that prices are still increasing but at a slower rate. For example, if an item was priced at $100 at the beginning of the year, with a 10% inflation rate, its price would increase to $110. However, with a 5% inflation rate, the price would increase to $105. While the rate of increase has decreased, the average price of goods has not decreased.
Therefore, it is important to differentiate between a decrease in the inflation rate (a decrease in the rate of price increase) and an actual decrease in the average price of goods, which would indicate deflation.
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A vast global network that is made up of many smaller interconnected networks is known as
Answer:
The internet
Explanation:
1. Decision support tools are widely used in the business world and are becoming increasingly complex and specialized. What do you think are the dangers of developing and using sophisticated decision support tools?
3. Suppose that you are about to make a major decision, such as returning to school full-time (or ending your academic career to work full-time). How could you use a tool discussed in this Part to help you make your decision?
The dangers of developing and using sophisticated decision support tools lie in the potential for over-reliance, data inaccuracies, and ethical implications.
Sophisticated decision support tools can lead to over-reliance, where decision-makers may blindly follow the tool's recommendations without critically evaluating the underlying assumptions or considering alternative perspectives. This can result in a loss of human judgment and intuition, potentially leading to flawed decisions. Another danger is the risk of data inaccuracies. Complex decision support tools heavily rely on vast amounts of data, and if the data used is incomplete, outdated, or biased, it can lead to inaccurate outcomes. This highlights the importance of ensuring data quality and reliability throughout the development and utilization of these tools. Ethical implications also arise when using sophisticated decision support tools. Algorithms and models embedded in these tools may inadvertently perpetuate biases, discrimination, or unfair practices if not properly designed, validated, and monitored. It is crucial to consider the potential social, legal, and ethical consequences of the decisions made with these tools to avoid unintended harm. To make a major decision like returning to school full-time or ending an academic career to work full-time, one could utilize decision support tools such as a decision matrix or a decision tree. A decision matrix allows you to evaluate and compare various criteria (e.g., cost, career prospects, personal fulfillment) by assigning weights and scores, aiding in a systematic evaluation of different options. A decision tree, on the other hand, visually represents different decision pathways and their potential outcomes, facilitating a structured analysis of the potential consequences of each choice By employing these tools, individuals can organize their thoughts, consider relevant factors, and objectively assess the pros and cons of different options, assisting them in making a more informed and rational decision.
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How can you create an effective climate when discussing matters
of importance with coworkers, clients, vendors, superiors, and
employees.?
What factors should be considered when creating that
climate?
To create an effective climate when discussing matters of importance with coworkers, clients, vendors, superiors, and employees, it's important to maintain a positive and respectful attitude, listen actively, and be clear and concise in communication.
Some factors to consider when creating such a climate include the purpose of the discussion, the relationship between the parties involved, the timing and location of the discussion, and the tone and language used.
It's also important to consider the cultural and individual differences of those involved and be willing to adjust one's communication style accordingly.
Ultimately, creating an effective climate requires a willingness to be open-minded, empathetic, and collaborative in approach.
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a merchandising business paid $2,200 to purchase inventory and $100 to have the inventory delivered to its customers. its product costs were $2,300. (True or False)
The given statement that merchandising business paid $2,200 to purchase inventory and $100 to have the inventory delivered to its customers. its product costs were $2,300 is False
In a merchandising business, the cost of inventory includes not only the purchase price of the goods but also any additional costs incurred to bring the inventory to its selling location, such as delivery costs. In this case, the business paid $2,200 to purchase the inventory and an additional $100 for delivery, resulting in a total cost of $2,300.
The term "product costs" typically refers to the costs directly associated with producing or acquiring the goods being sold. In a merchandising business, the product costs would include the cost of inventory purchases. However, in this scenario, the statement incorrectly states that the product costs were $2,300, which does not align with the information provided.
To accurately represent the scenario, the correct statement would be that the business paid $2,300 for inventory and $100 for delivery, resulting in a total cost of $2,400, which includes both the purchase cost and the delivery cost.
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Give the Three Types of plans and define each concisely?
There are 3 types of Business Plans :
1. Operational Planning
This kind of planning often outlines how the business is run on a daily basis. Operational plans are frequently referred to as ongoing or single-use plans. Plans for one-time events and activities are called single usage plans (such as a single marketing campaign). Ongoing plans comprise policies for tackling issues, rules for particular laws, and procedures for a step-by-step process for achieving specified goals.2. Strategic Planning
A high-level perspective of the entire company is a component of strategic planning. It serves as the organization's fundamental framework and will guide long-term choices. The time frame for strategic planning can range from the subsequent two years to the following ten years. A strategic plan should include a vision, purpose, and values statement.3. Tactical Planning
Strategic planning is aided by tactical planning. It outlines the organization's intended strategies and methods for achieving the goals set forth in the strategic plan. The scope usually has a time frame of less than a year and divides the strategic plan into manageable parts. Operational plans ask how the organisation will typically carry out something in order to achieve the organization's objective, whereas tactical plans ask specific questions about what has to happen in order to achieve a strategic goal.husband and wife, u.s. citizens, were married for the entire year 1 calendar year. in year 1, the husband gave a $60,000 cash gift to his sister. the husband and wife made no other gifts in year 1. they each signed a timely election to treat the $60,000 gift as one made by each spouse. assume that the gift tax annual exclusion is $15,000. disregarding the unified credit and estate tax consequences, what amount of the year 1 gift is taxable to the husband and wife for gift tax purposes?
The taxable amount for each spouse would be $22,500 ($30,000 - $15,000 exclusion), resulting in a total taxable amount of $45,000 for the couple.
Based on the scenario given, the husband and wife are U.S. citizens who were married for the entire year 1 calendar year. During this year, the husband gave a cash gift of $60,000 to his sister. However, the couple made no other gifts during the year. In order to determine the amount of the year 1 gift that is taxable to the husband and wife for gift tax purposes, we need to consider the gift tax annual exclusion. This exclusion is currently set at $15,000 per recipient per year. However, in this scenario, the husband and wife each signed a timely election to treat the $60,000 gift as one made by each spouse. This means that the gift will be split equally between them for gift tax purposes.
Therefore, the taxable amount for each spouse would be $22,500 ($30,000 - $15,000 exclusion), resulting in a total taxable amount of $45,000 for the couple. It's important to note that this calculation only applies to gift tax purposes and does not take into account any unified credit or estate tax consequences.
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the status accounting step of configuration management functions primarily as
Status accounting is the step of configuration management functions primarily used to ensure that any changes made to the configuration are recorded, tracked, and reported.
The status accounting step provides an overview of what has been changed, when it was changed, who made the change, and why it was changed in order to monitor the configuration's history and provide accurate audit trails.
Status accounting is one of the most critical configuration management activities. The main purpose of the status accounting step is to ensure that changes to the configuration are recorded, monitored, and documented for further analysis and improvement. The status accounting step enables tracking of changes to the configuration items (CIs) and their associated attributes, which facilitates accurate audit trails. The purpose of the status accounting step is to ensure that the configuration management database (CMDB) is up to date, and all changes to the configuration are well-documented. Status accounting provides a comprehensive view of the history of each CI. It helps to track any changes made to the configuration and determine when and why they were made. The status accounting step is crucial to configuration management. It enables the control and tracking of all configuration changes, ensuring that changes are made consistently, are well-documented, and can be traced back to their origin. In addition, it can be used to generate reports that are essential for decision-making and for providing a better understanding of how the configuration is evolving. Configuration management professionals use these reports to identify trends and patterns that may indicate opportunities for improvement.
In conclusion, the status accounting step of configuration management functions primarily as a tool for recording, tracking, and reporting changes to the configuration. It provides an accurate audit trail of any changes made to the configuration, which can be useful in identifying trends and patterns. The status accounting step is a critical component of configuration management and enables the control and tracking of all configuration changes. Therefore, it is essential to ensure that the status accounting process is thorough and up-to-date.
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10. What's money used to start up a new small
business or help a business expand during a growth
period?
You look for seed finance from angel investors, then proceed to venture capitalists, and finally make an initial public offering, depending on the stage your business is in and its capacity to generate profits (IPO).
What Is Startup Capital?
The money a new business raises to cover its start-up expenses is referred to as startup capital. A strong business plan or a working prototype must be built by entrepreneurs seeking startup money in order to sell their concept.
Which funding options do small business owners frequently use?
When they are short on cash, small enterprises in the startup stage may employ debt finance or equity financing to raise money. One type of debt financing that small business entrepreneurs use is a bank loan. Allowing stakeholders to own a portion of the company is known as equity financing.
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100 point question + brainliest
Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?
Answer:
The mass of the sun is - 1.989 x 10 30 kilograms
Also, 69 + 420= 489
Explanation:
Hope this helps?
Have a nice day! <3
Heyy
Can someone help me please
3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY
Answer:
Because they don't keep track on it.
Explanation:
Basically they are just included in it because they don't keep track of it. Hope that helps!
What is the definition of a team? What is teamwork? Why is learning to work well with others important in life? What is one issue that hinders you from wanting to work with other people? What is one thing you can change so you can be successful when working in teams?
Answer:
Team work is when every one comes together to do or accomplish something and the definition of team is a group of people that play for the same thing it's important in life because when you get into the real world you will have to work with other people even if you don't like them one issue that hinders you from wanting to work with other people is you don't like those other people one thing you can change so you can be successful when working in teams is try to get along with everyone else on the team.
Page:
International employment has played
on important role to solve unemployment
problems in Nepal.” Justify the statement
Answer:
This means that Nepal, as a very underdeveloped country, lacks the necessary amount of domestic capital to build a healthy and functional economy, and for this reason, it requires international help in the form of foreign direct investment that can supply more capital to the country, capital that is used to set up new companies and investment projects that employ more Nepalese people.