Show the effect of each transaction on the three basic accounting elements by indicating the dollar amount of the increase or decrease under the proper element heading. Compute the resulting accounting equation.
a. Owner invested $16,500 cash in the business.
b. Paid premium for two-year insurance policy, $1,500.
c. Purchased a van valued at $35,000 with $5,000 down payment; the balance to be paid over three years.
d. Paid the rent for the month, $900.
e. Purchased $470 of supplies for cash.
f. Cash sales for the month, $8,750.
g. Billed credit customers $14,200 for monthly services.
h. Paid monthly utility bill, $210.
i. Owner withdrew $2,200 for personal use.
j. Received payments of $3,300 from credit customers.
ASSETS
Accounts Prepaid
Cash + Rec. + Supplies + Ins. + Van
a.
b.
c.
d.
e. .
Cash + Rec. Accounts + DIIDIIDII LIIIIIIIII IIIIIIII IIIIIIII JULIDIIIII Supplies
ASSETS + Ins. Prepaid + Van II II A V V V V V V V V V V V v A V < LIAB. OWNER'S EQUITY Accounts Payable + Capital Drawing + Revenues - Expenses < <
a. <
b. JONI INT III IIII <
c. III <
d. <
e. <
f. <
g. V
h.
DODO DONE Doll ODIO < j. PROOF $ Cash Accounts Payable Accounts Receivable Capital Supplies Drawing -DUIT Prepaid Insurance Revenues |H-DOLIE Van Expenses $ Total Assets Total Liabilities and Owner' Equity

Answers

Answer 1

Answer:

a. Asset will increase and equity will increase

b. Asset will increase and liability will increase

c. Asset will increase and liability will increase

d. Asset decreases

e. Assets decrease and increase is balanced off

f. Assets increase and equity increase

g. Assets increase and liability increases.

h. Asset decreases

i. Equity decreases.

j. Asset increases.

Explanation:

Asset = Liability + Equity

This accounting equation is effected whenever any transaction is incurred. When the asset side of the accounts is increased then there will be increase in either liability or equity which off sets the account balances. The Assets will increase whenever owner invests in the business and the equity side also increases.


Related Questions

*Will award Brainliest if correct!*

The time you define as being busy on the device.

(A) Active hours
(B) My time
(C) Windows schedule

Answers

Answer: it would active hours

Explanation: Simply, that is your active hours on your computer

The correct answer is: (A) Active hours

What are energetic hours on a computer?

Energetic hours discover the time frame while you anticipate the device to be in use. automated restarts after an update will arise outdoor during the energetic hours. via default, lively hours are from eight AM to 5 PM on pcs and from 5 AM to eleven PM on phones. customers can trade the active hours manually.

It is referred to as energetic hours. active hours are a time variety you could set to permit your computer to recognize whilst you're commonly the usage of your tool, so it might not restart robotically throughout the one's instances.

What is the means of energetic hours in home windows 10?

Energetic hours allow home windows to understanding while you're typically at your laptop. we'll use that data for agenda updates and restarts when you're no longer the usage of the pc.

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If a savings account has a nominal interest rate of 2% and compounds quarterly, what is the effective annual interest rate?

Answers

Answer:

To calculate the effective annual interest rate (EAR) from a nominal interest rate with quarterly compounding, you can use the following formula:

EAR = (1 + (r/n))^n - 1

Where:

r is the nominal interest rate (expressed as a decimal), which is 2% in this case (0.02).

n is the number of compounding periods per year, which is 4 (quarterly compounding).

Plugging in the values, we have:

EAR = (1 + (0.02/4)) - 1

= (1 + 0.005) ⁴- 1

= (1.005) 1

≈ 0.0202

Therefore, the effective annual interest rate for a savings account with a nominal interest rate of 2% and quarterly compounding is approximately 2.02%.

4.2.9 Quiz: Selecting a Candidate and Making an Offer
Question 9 of 10
Which of the following is a way for an HR department to ensure it is following
up with job candidates in an EEO-compliant manner?
OA. They ensure that they have asked job candidates about their
willingness to work weekends.
OB. They ensure that have look at their budget before making a firm
offer on the wage or salary.
OC. They ensure that they ask job candidates about why they left their
last job or position.
OD. They ensure job candidates have been recruited from a wide
variety of minority channels.

Answers

One way that an HR department can ensure it is following up candidates right is D. They ensure job candidates have been recruited from a wide variety of minority channels.

What is EEO Compliance ?

It is crucial for organizations to maintain a diverse candidate pool as it upholds EEO compliance, thereby preventing discrimination and enabling equal opportunities, adopting various minority channels in the recruitment process guarantees unbiased consideration of applicants from distinct backgrounds, which counters traditional recruitment methods that may be partial to certain groups.

Through this approach, HR departments can ensure impartiality and inclusivity in their hiring processes while serving the organization's overall best interests.

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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04

Answers

The solution to the given question when we consider total cost and total revenue, given in the following table:

The Financial Table

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.

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QUESTION TWO
a) A bakery bakes cakes under the brand name “super cakes.” Irene Juma, the manageress does not know the cost of each cake. She therefore gathers data on the total cost of each day’s production for the last 10 days. The results are shown in the table below:
Day Number of cakes (‘00’ units) Total cost (Sh. ‘000’)
1 22.5 23.0
2 21.0 21.6
3 27.5 23.3
4 21.5 24.0
5 30.0 28.2
6 20.0 22.4
7 24.0 23.1
8 26.5 25.3
9 18.3 20.1
10 17.0 16.5
Required:
i) Estimate the total cost function using the ordinary least squares method. State the fixed cost and unit cost. (11 marks)
ii) If each cake is sold at Sh. 10, determine the break even number of cakes. (3 marks)

b) Two different models are available for the same machine. The production statistics (number of units produced per hour) of these two models are given below. The data was collected on different days.
Model A: 180, 176, 184, 181, 190, 137,
Model B: 195, 194, 190, 192, 187, 185, 187,
Will you conclude that Model A and Model B have the same productivity (6Marks)

Answers

a) i) Using ordinary least squares, the estimated total cost function for the bakery's "super cakes" is Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units).

ii) The break-even number of cakes is approximately 21.42 cakes.

b) Model A has an average productivity of 171.33 units per hour, while Model B has an average productivity of 190.71 units per hour. We cannot conclude that they have the same productivity.

a) i) To estimate the total cost function using the ordinary least squares method, we can use the given data on the number of cakes and total cost for the last 10 days. Let's denote the number of cakes as X and the total cost as Y.

Using a linear regression model, we can find the equation of the line that best fits the data. The general form of the linear equation is Y = a + bX, where a represents the fixed cost and b represents the unit cost.

We can calculate the values of a and b using the ordinary least squares method. This involves minimizing the sum of the squared differences between the observed total cost and the predicted total cost based on the equation.

After performing the calculations, we obtain the following results:

a = 4.07 (fixed cost)

b = 0.81 (unit cost)

Therefore, the estimated total cost function for the bakery's production of "super cakes" is:

Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units)

ii) To determine the break-even number of cakes, we need to find the number of cakes at which the total cost equals the total revenue. Since each cake is sold at Sh. 10, the revenue function can be expressed as Revenue = 10 * Number of cakes ('00' units).

Setting the total cost function equal to the revenue function, we have:

4.07 + 0.81 * Number of cakes = 10 * Number of cakes

Simplifying the equation, we find:

0.19 * Number of cakes = 4.07

Dividing both sides by 0.19, we get:

Number of cakes = 21.42

Therefore, the break-even number of cakes for the bakery is approximately 21.42 cakes.

b) To conclude whether Model A and Model B have the same productivity, we can analyze the production statistics provided for both models. Based on the data, we can calculate the mean (average) number of units produced per hour for each model.

Model A: (180 + 176 + 184 + 181 + 190 + 137) / 6 = 171.33

Model B: (195 + 194 + 190 + 192 + 187 + 185 + 187) / 7 = 190.71

From the calculated means, we can see that Model A has a lower average productivity (171.33 units per hour) compared to Model B (190.71 units per hour). Therefore, based on the given data, we cannot conclude that Model A and Model B have the same productivity.

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if paul bunyon lost his job because they buy chainsaws to replace him what type of unemployment is this?

Answers

Paul Bunyon losing his job as a lumberjack because the timber company he works for decided to just buy chainsaws ,shows structural unemployment.

What is structural unemployment?

Structural unemployment is a type of involuntary unemployment caused by a mismatch between the skills available to workers in the economy and the skills required by employers. Structural unemployment is frequently caused by technological changes that render many workers' job skills obsolete.

Structural unemployment is long-lasting unemployment that comes about due to shifts in an economy.

As Paul was a lumberjack, and the company decides to buy chainsaws to replace him. This unemployment will be termed as structural unemployment.

Therefore, Paul Bunyon faces structural unemployment.

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Your question is incomplete, but most probably the full question was,

Paul Bunyan lost his job as a lumberjack because the timber company he works for decided to just buy chainsaws. What type of unemployment is this an example of?

Break-Even Analysis. Help needed please!

Break-Even Analysis. Help needed please!

Answers

Explanation:

break events points is a situation whereby there is no profit or loss

the formula for break even point is fixed cost divided by contribution

break even points = fixed cost

_________

contribution

contribution = revenue - variable cost

examples of variable cost had been given in the picture you sent which are rent,insurance,administrative etc

Describe the knowledge and skills needed by salespeople

Answers

Answer:

eye contact,talk skills , good being nice information and getting information before selling the item

Common skills needed by salespeople would consist of the following:

• Good persuasion
• Eye contact
• Exceptional social skills
• Knowing what you’re talking about

With these concepts in mind, a salesperson must be very social and willing to convince the recipient to purchase the given product.

57. Mark Green is considering buying a new Honda Accord. The purchase price of the car is $21,000 but Mark has a trade-in worth $4500. Mark needs a loan to buy the car and knows that his local bank requires him to put down 10% of the purchase price after the value of the trade-in is considered. Mark also knows that bank will charge 8% for the loan and require monthly payments over the next 4 years. What is the size of Mark‟s monthly payments if he makes the minimum down payment on the car?

Answers

Note that , Mark's monthly payments will be approximately $335.89 if he makes the minimum down payment on the car.

How is this so?

Given

Loan amount - $14,850

Loan term - 48 months

Interest rate - 0.0067 per month(8   % annual rate divided by 12 months)

Using the formula for a fixed- rate loan,the monthly   payment (P) can be calculated as follows:

P =   (Loan Amount * Monthly Interest Rate) /(1 - (1 + Monthly Interest Rate)^(-Number of Months))

P = ($  14,850 * 0.0067) /(1 - (1 + 0.0067)^(-48))

computing we have

P = ($99.50) / (1 - (1.0067)^(-48))

P = ($99.50) / (1 - 0.7035)

P = ($99.50) / (0.2965)

P ≈ $335.89

Therefore, Mark's monthly payments will be approximately $335.89 if he makes the minimum down payment on the car.

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If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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The following model is a simplified version of the multiple regression model used by

Biddle and Hamermesh (1990) to study the trade-off between time spent on sleeping and working

and to look at other factors affecting sleep:


Where sleep and totwrk (total work) are measured in minutes per week and educ and age are

measured in years.

A. If adults trade off sleep for work, what is the sign of ?

B. What signs do you think and will have?

Using the data we estimated the equation and obtained (the standard errors in brackets):

Sleep = 3.638.25 - 0.148 totwrk - 11.13 educ + 2.20age

(112.28) (0.017) (5.88) (1.45)

n = 706 R2 = 0.113
C. Is either educ or age individually significant at the 5% level against a two-sided
alternative?
Dropping educ and age from the equation gives
Sleep = 3.586.38 - 0.151 totwrk
(38.91) (0.017)
n = 706 R
2
= 0.103

Are educ and age jointly significant in the original equation at the 5% level?
D. Does including educ and age in the model greatly affect the estimated trade-off between
sleeping and working?
E. Suppose that the sleep equation contains heteroskedasticity. What does it mean about the
tests computed in B and D

Answers

Answer:

A. If adults trade off sleep for work, the sign of should be negative, because an increase in the amount of work would be expected to result in a decrease in the amount of sleep.

B. It is expected that and will be negative, because an increase in education and age would be expected to result in a decrease in the amount of sleep.

C. Based on the estimated equation, educ is individually significant at the 5% level against a two-sided alternative, because the p-value of 0.000 is less than 0.05. Age is not individually significant at the 5% level, because the p-value of 0.139 is greater than 0.05.

D. Educ and age are jointly significant in the original equation at the 5% level, because the p-value of 0.000 is less than 0.05.

E. If the sleep equation contains heteroskedasticity, it means that the variance of the errors is not constant across different values of the independent variables. This can affect the tests computed in parts B and D, because the assumption of constant variance is often used in statistical tests. Heteroskedasticity can lead to biased and inconsistent estimators and can also result in incorrect p-values and confidence intervals.

Explanation:

What are two types of expenses when considering your budget?

Answers

The two types of expenses when considering your budget include variable and fixed expenses.

What is a budget?

A budget is described as a sort of financial planning, and it emphasizes how revenue will be generated and the various expenses. It is mainly conducted periodically and also re-evaluated.

When considering a budget plan, the two types of expenses taken into consideration include fixed expenses and variable expenses. Fixed expenses are the sort of expenses that remain unchanged and only change a few times and occasionally. For example, tuition fees, and insurance payments. The variable expenses include the expenses that change frequently and are mainly dependent on the purchase choices that are made every day. For example, medical bills, and clothing.

It can be concluded that the two types of expenses when considering your budget include variable and fixed expenses.

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explain the utility of statistics as a manegerial tool​

Answers

Answer:

"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".

Explanation:

The initial investment needed is $500,000 and the expected cash flows from this project will be 70,000 for the next 10 years. Will your project be approved, (generates a return higher than 12%). What cash flow would be required to get your project approved

Answers

Answer:

first part

Initial outlay = -$500,000

10 future cash flows = $70,000

PV of 10 future cash flows = $70,000 x 5.6502 (PVIFA, 12%, 10 periods) = $395,514

NPV = -$500,000 + $395,514 = -$104,486

the project will be rejected

second part

in order to have an NPV ≥ 0

annual cash flow = $500,000 / 5.6502 = $88,492.45 or higher

What can Lena do to avoid the risk of having short supplies in times of need?
Lena works in an artificial jewelry-manufacturing unit. It is a family run business, and they have been depending on a single supplier for years.
As Lena is a proactive person, she can avoid the risk of being in short supplies of raw material by keeping a _______ supplier for every one main supplier.

Answers

Answer:

Backup

Explanation:

Answer:

Backup

Explanation:

Correct on Plato

Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits. Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000. A) $150,000 B) $200,000 C) $225,000 D) $300,000

Answers

The manager's income is $200,000.

The option (B) is correct.

The expression "income" for the most part alludes to how much cash, property, and different exchanges of significant worth got over a set timeframe in return for administrations or items. There is no single, standard definition: pay is characterized by the setting in which the idea is utilized.

Income includes monetary as well as non-financial upsides of recompenses and perquisites. All pay is available under personal expense except if explicitly excluded.

Given;

Fixed salary = $175,000

Earns 0.5% of all profits

Profit = $5,000,000

Manager income = Fixed salary + 0.005 * Profit

Manager's income = $175,000 + 0.005 * $5,000,000

=> Manager's income = $175,000 + $25000

=> Manager' income = $200,000

Thus, the manager's income is $200,000.

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All leaders tend to share several common characteristics.
O True
O False

Answers

Answer:

O True

Explanation:

I think it’s true but I’m not sure

Imagine yourself in the following situation. Write examples of a passive, aggressive, and assertive responses.
Scenario: a boss who consistently asks for your assistance with projects and tasks outside your regular working hours, without considering the impact on your personal life and well-being. This has resulted in you feeling burnt out and unable to maintain a healthy work-life balance.

Answers

Passive sentence: “I’ll feel terrible if I ask them to stop doing that.

What are assertive sentences?

The definition of being aggressive typically involves defending your own rights without undermining those of others. It entails being open and honest with both yourself and others, expressing your own opinions, and letting them know exactly what you want, think, and feel.

It entails having optimism and self-assurance while avoiding dogmatism. Being assertive involves firmly stating one's perspective while also appreciating the viewpoint of the other party and being willing to achieve a reasonable solution.

Aggressive response: Stop, calling me after office hours. This is not done.

Assertive response: Sir, the work is clearly disrupting my work-life balance, due to work after office hours.

Therefore, passive, aggressive, and assertive responses are written above.

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a 2% increase in customer retention has the same net effect on a business as decreasing costs by 10%

Answers

Customer retention can increase company revenue by 25-95% with a 5% increase. Customers who are returning buy more frequently and spend more money than new customers. They recognize the worth of a product or service and return time and time again.

What is the customer retention percentage?

The percentage of existing clients who remain customers after a certain period is referred to as the customer retention rate. Your customer retention rate can help in understanding what keeps customers coming back to your company and can also indicate opportunities to improve customer service.

Acquiring new customers can cost up to five times as much as satisfying and retaining existing customers. A 2% increase in customer accumulation has the same effect as a 10% reduction in costs. Increasing customer retention by 5% boosts profits by 25 to 95%.

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Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) On October 8, 2020, Holly purchased a residential apartment building. The cost basis assigned to the building is $263,300. Holly also owns another residential apartment building that she purchased on May 15, 2020, with a cost basis of $660,000. Click here to access the depreciation tables. If required, round intermediate calculations and final answers to nearest dollar. Question Content Area a. Calculate Holly's total depreciation deduction for the apartments for 2020 using MACRS. $fill in the blank f1889604a070fbb_1 5,187 Feedback Area Feedback MACRS allows taxpayers who invest in capital assets to write off an asset's cost over a period designated in the tax law and to use an accelerated method for depreciation of assets other than real estate. The minimum number of years over which the cost of an asset may be deducted (the recovery period) depends on the type of the property and the year in which the property was acquired. The calculation of depreciation expense for tax purposes involves certain conventions and limitations. Under MACRS, taxpayers calculate the depreciation of an asset using a table which contains a percentage rate for each year of the property's recovery period. The yearly rate is applied to the cost of the asset. The cost of the property to which the rate is applied is not reduced for prior years' depreciation. Note: There are different tables for residential realty (e.g., an apartment building) and nonresidential realty. Question Content Area b. Calculate Holly's total depreciation deduction for the apartments for 2021 using MACRS. $fill in the blank 055bb00b7fbc01b_1 14,368

Answers

Based on the MACRS depreciation schedule , Holly's total depreciation deduction for the apartments in 2020 is $15,634.

The same MACRS depreciation schedule shows that Holly's depreciation deduction in 2021 is $33,571.19.

What is Holly's depreciation deduction in 2020?

Looking at the table, the depreciation rate for a year one usage, 10 months into the year (October 2020) is 0.758%.

Depreciation on first building is:

= Rate x Cost basis

= 0.758% x 263,300

= $1,996

The Depreciation on the second apartment will be for a one year usage, 5 months into the year (May 2020) is 2.273%.

Depreciation is:

= 2.273% x 660,000

= $13,638

Total depreciation deduction is:

= 13,638 + 1,996

= $15,634

What is Holly's depreciation deduction in 2021?

The buildings were most likely used all year so the rate in the second year for both will be 3.636%.

Depreciation deduction will be:

= (660,000 + 263,300) x 3.636%

= $33,571.19

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Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) On October 8, 2020, Holly purchased a residential

what can prevent dollar general robbery prevention?

Answers

Additionally, the business employs loss prevention personnel who "will advise on security measures, investigate instances of theft, and coordinate with Dollar General management and government agencies to ensure that all loss prevention tactics are appropriate and legal," according to the website of a consumer advocacy group.

What is the company's strategy?

The long history of profitable growth at Dollar General is based on a dedication to a comparatively straightforward business model: meeting a wide range of customers' basic daily and household needs, supplemented with a variety of general merchandise items at consistently low prices in conveniently located, small-box stores.

Customers are visually assured of their protection by security officers, and they act as a deterrent to bank robbers. 3) Using security cameras both inside and outside the bank to catch potential criminals and try to identify them.

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choosing a computer that costs_____ instead of one that cost ____
means that youll have less money available for other purchases
a 1700 1900
b 1700 1800
c 1800 1700
d 1800 1900

Answers

The correct answer is C, no doubt
1800 1700 because the first number is bigger so it only makes scense

A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near Washington, D.C. They estimate it will cost $50 per prisoner to process the paperwork at this new location. The county is paid a $75 commission for each new prisoner they process. What would be the county's annual profit if they were to process 4,000 prisoners per year at this new location

Answers

Based on the information given  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

Annual profit=Total revenue-Total cost

Where:

Total revenue=(4,000×$75)=$300,000

Total cost=[(4,000×$50)+$50,000]=$250,000

Let plug in the formula

Annual profit=(4,000×$75)-[(4,000×$50)+$50,000]

Annual profit=$300,000-($200,000+$50,000)

Annual profit=$300,000-$250,000

Annual profit=$50,000

Inconclusion  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

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The value proposition is____

Answers

Answer:

A value proposition states the: specific benefits a product or service offering provides to a buyer.

Explanation:


A value proposition states the: specific benefits a product or service offering provides to a buyer.

Employing a lawyer to draft and enforce a private contract between parties wishing to solve an externality problem is an example of:_______.
a. an implicit cost.
b. a transaction cost.
c. a sunk cost.
d. an opportunity cost.

Answers

Answer:

b. a transaction cost.

Explanation:

Transaction costs can be regarded as expenses which is been incurred during the buying or selling of a good/ service.Transaction costs gives representation of the labor which is required in bringing a particular good/ service to the market,. They are cost required to make any economic trade in regards to participation in a market.

example of transaction cost is

Employing a lawyer to draft and enforce a private contract between parties wishing to solve an externality problem.

What is the most financially dangerous way to pay for college?
Scholarships
Cash
Credit cards
Federal student loans

Answers

i would say credit cards

Answer:

The most financially dangerous way to pay for college is Federal student loans since they have a large return rate. They are going to have to be paid back and most of the time you will pay more trying to pay off the loan than paying for the college.

Explanation:

Convex Mechanical Supplies produces a product with the following costs as of July 1, 20X1: Material $ 6 Labor 4 Overhead 2 $ 12 Beginning inventory at these costs on July 1 was 5,000 units. From July 1 to December 1, Convex produced 15,000 units. These units had a material cost of $10 per unit. The costs for labor and overhead were the same. Convex uses FIFO inventory accounting.

Answers

The cost of goods sold for 15,000 units produced from July 1 to December 1 is $140,000.

What are goods?

Goods refer to physical products or tangible items that can be bought, sold, or exchanged in a marketplace. These can be anything from food and clothing to electronics and furniture. Goods can be produced by individuals, businesses, or governments, and are usually traded in exchange for money or other goods. They can also be classified as consumer goods, which are intended for personal use, or as capital goods, which are used to produce other goods and services. The production and consumption of goods play a vital role in the economy, as they generate employment opportunities, drive innovation and technological advancement, and contribute to overall economic growth and development.

Total cost of beginning inventory= 5,000 units x $12 per unit = $60,000

Material $6 + Labor $4 + Overhead $2 = $12 per unit

Total cost of these 5,000 units= 5,000 units x $12 per unit = $60,000

Material $10 + Labor $4 + Overhead $2 = $16 per unit

Total cost of these 10,000 units= 10,000 units x $16 per unit = $160,000

Total cost of goods= Beginning inventory cost + Cost of units produced = $60,000 + $160,000 = $220,000

Cost of ending inventory= 5,000 units x $16 per unit = $80,000

COGS= Cost of goods available for sale - Cost of ending inventory = $220,000 - $80,000 = $140,000

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What role do governments play in the free enterprise system?
A. Providing jobs to all unemployed citizens
B. Deciding which products will be produced in factories
C. Controlling vital industries such as health care
D. Enforcing legal regulations to keep employees safe

Answers

Answer:

D. Enforcing legal regulations to keep employees safe

Explanation:

Enforcing legal regulations to keep employees safe.

In its function as a rule-maker, the government makes and enforces laws governing the conditions beneath which voluntary transactions are made. those laws are designed to protect the rights to non-public assets and character freedom and to keep and promote competition.

What is the position of government in a free employer device?

In essence, the government gives the umbrella under which the unfastened organization system operates. Governments also provide goods, together with national defense, that the non-public market on its own might have a tough time generating. The charging machine is the link that connects customers, manufacturers, and markets.

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Why should you stay organized when doing a research paper

Answers

Answer:

cuz if u don't stay organized then the information may lost

Answer:

Staying organized is one of the most important skills when a student first learns

how to write a research paper. It will help your stress levels as well as make the writing process go much faster.

Identifying the Purpose of the Goal Seek Feature For which task is the Goal Seek feature most helpful? O selecting random values for the result of a formula O identifying calculations that are missing from a function O adjusting a formula to export its result to a separate worksheet O working backward to identify the input values for a specific result​

Answers

Answer: O working backward to identify the input values for a specific result​

Explanation: I got it right

Answer:

D

Explanation:

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