the lower of cost or market approach is blank for companies that use blank . multiple choice question. optional under gaap; any method of inventory valuation required under gaap; lifo or the retail inventory optional under gaap; lifo or the retail inventory required under gaap; any method of inventory valuation

                                           PAPER SALES(650 words)

                                                                                                                   FADE IN.

1.  Int. COFFEE SHOP - DAY

SALESMAN sits at a small table, typing on his LAPTOP.

                                                                                         CLOSE UP ON SCREEN.

LAPTOP displays a website for a print shop, with several other similar tabs open.

SALESMAN nods, seeming satisfied, and closes his LAPTOP, leaving the shop.

                                                                                                               FADE OUT.

                                                                                                                   FADE IN.

2. Int. PRINT SHOP - DAY

SHOP OWNER is writing something at the counter when SALESMEN enters, the entry bell chiming.

    OWNER:  Can I help you?

    SALESMAN(smiling):  Yes sir, if you have a spare moment?

    OWNER(setting down his pen): Of course.  What do you need?  You want something printed?

     SALESMAN(shaking OWNER's hand): No, actually, I'm John, I'm a sales representative from GreenInk Incorporated, you might have heard of us?  We're a new startup, we sell top-notch recycled paper goods, and I was hoping you might be interested in buying some of our stock.  It's one-hundred percent recycled from discarded paper goods, with a ninety-three percent lowered impact on the environment.

    OWNER(skeptical):  I'm sorry, but I've seen recycled paper before, and as much as I love helping the planet, my customers have come to expect a certain standard from me.  I don't want to disappoint them with subpar stock, even if it's for a good cause.

SALESMAN opens a briefcase and hands OWNER some samples.

     SALESMAN:  Actually, our paper is some of the best on the market.  Four out of five customers polled couldn't tell the difference between our recycled paper and our competitors' wares.

     OWNER(nodding):  Hmm, interesting.  You're right, I can barely tell these from my current stocks...  But I'm guessing the price can't possibly be the same, what are your rates?

SALESMAN hands OWNER a pamphlet marked with prices.

    OWNER(furrowing brow):  Your base prices are good, but your bulk discounts aren't close to what I'm getting now.

    SALESMAN:  That's true, but did you look at our waste recycling rates?  If you buy our stock, we offer a buyback plan for all your disposed paper goods, even waste from other companies' products.  We'll pay you back fifteen percent of your costs.

    OWNER(considering):  I don't know...  Let me think about it, I do like your product and your cause, but I'm just not sure about those prices.

    SALESMAN:  Listen, my company really would love to have you as our customer, I'll tell you what.  I think I can work out an extra five percent discount for your store if you can place your order this month.  Does that make a difference for you?

    OWNER(grinning, shaking SALESMAN's hand):  I think we have a deal.

Conversation continues wrapping up and the deal is signed as sound fades.

                                                                                                               FADE OUT.

                                                                                                                   FADE IN.

3. Int. OFFICE - EVENING

SALESMAN is on the phone, waiting for OWNER to pick up.

    OWNER(in his store):  Hello, this is Douglas Print Shop speaking, how can I help you?

    SALESMAN:  Hello!  This is John from GreenInk, we talked a couple weeks ago, I'm just calling to see how you're doing with your order?  Is everything going smoothly?

    OWNER:  Oh, yes, it's going fine!  I just got my first shipment in yesterday, it's very satisfactory so far.  My old customers like it just as well, and I'm getting a few new sales because I can advertise that I've gone green.

    SALESMAN:  I'm glad to hear it!  Sounds like it's all gone off without a hitch, that's wonderful.  I notice you have two more months of orders planned.  If you're happy with our product, would you like me to set you up with the six month rates?  It's three percent lower, and I could apply it to the orders you've already placed for you.

    OWNER:  Yes, that'd be great, thank you.

    SALESMAN:  Perfect, I'll hook you up with that then.  If there's nothing else you need, I'll go do that now.  Thank you for your business, sir!

    OWNER:  Alright, thank you!  It's been a pleasure doing business with you.

                                                                                                                            FIN.

The script for a personal sales presentation is the dialogue between both the seller and the prospect.

A sale is an agreement between a buyer and a seller in which the seller exchanges money for the sale of tangible or intangible products, assets, or services. There are two or more parties involved in a sale. A sale, or a contract between two or more parties, such as the buyer and seller, can be thought of in larger terms.

Owner (of his business): Hello, this is Douglas Print Shop. How may I be of service?

SALESMAN: Hello! I spoke with you a few weeks ago, and now I'm calling from GreenInk to check how your order is doing. Is everything proceeding as planned?

Owner: Oh, absolutely, everything is great! My first package just arrived yesterday, and so far, everything is great. Because I can promote that I've gone green, my current customers like it just as much and I'm gaining a few more purchases.

SALESMAN: I am happy to hear that! It sounds like everything went off without a hitch, which is fantastic. I see you have orders lined up for the next two months. Would you like me to set you up with our product if you're satisfied with it.

Therefore, The conversation between the seller and the prospect is known as a sales presentation.

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Answer:

The following skills employers expect from employee in recent times are (1) Communications skills (2)Fair knowledge of how to combine both technology and solutions together. (3)Critical thinking (4) emotional intelligence (5) Good writing skills (6) Flexibility and Agility (7) Sound knowledge in M.S words.

Explanation:

Solution

The required skill that employers expect their employees to have as at today is given below:

A competitive advantage is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.

If a company have something that gives it an edge over its competitors that eventually helps it attract more customers and grows its market share, then it is a competitive advantage to the company.

There are three primary forms of a competitive advantage, namely (1) cost advantage, (2) offer advantage, and (3) niche advantage.

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Nature provides the raw material for adaptation to local conditions.

Every ecosystem is unique, and the plants and animals that live there have evolved to survive and thrive in those specific conditions. This process of adaptation occurs over long periods of time and is driven by natural selection. Species that are better suited to the local conditions are more likely to survive and reproduce, passing on their advantageous traits to their offspring. These adaptations can include physical characteristics like camouflage, as well as behaviors like hibernation or migration. Humans have also adapted to local conditions throughout history, developing different types of agriculture, housing, and transportation depending on the climate and resources available in their region. However, human impact on the environment has disrupted many of these natural adaptations, leading to biodiversity loss and other ecological problems. It is important to understand the complex interactions between nature and human activity in order to develop sustainable solutions for the future.

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The final amount that the Wheatland Company needs to pay is $21,780 ($22,000 - $220).

The Wheatland Company purchased merchandise on account from a supplier for $30,000, with terms of 1/10, n/30. This means that if the Wheatland Company pays within 10 days, they will receive a 1% discount. The "n/30" means that the full amount is due within 30 days.
Now, the Wheatland Company returned $8,000 worth of merchandise and received full credit. This means that the supplier agreed to cancel the $8,000 from the Wheatland Company's account and provide them with a credit for that amount.
To calculate the final amount that the Wheatland Company needs to pay, we start with the original purchase of $30,000. Since they returned $8,000, we subtract that from the total, leaving us with $22,000.
Now, if the Wheatland Company pays within 10 days, they can take advantage of the 1% discount, which would be $220 (1% of $22,000).
So the final amount that the Wheatland Company needs to pay is $21,780 ($22,000 - $220).

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Review of ratings & the 80/20 Rule

Rate Review and the 80/20 rule are two tools provided by the health care law to hold insurance companies accountable and assist in limiting costs.

Review of Rate

You are better protected from arbitrary rate increases thanks to Rate Review. Any rate increase of 15% or more must now be disclosed publicly by insurance firms before your premium is increased. Plans that are grandfathered in are exempt from this.

To view the planned and actual rate increases for your insurance plan, look it up online.

80/20 Rule

According to the 80/20 Rule, insurance firms must spend at least 80% of the premium revenue they receive on healthcare expenses and quality-improvement initiatives. Costs for administration, overhead, and marketing can be covered by the remaining 20%.

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Uncle Qi Wang needs to charge RM8 per cup of coffee in order to generate a profit of RM600 per day. This is calculated by adding the variable cost of RM4 per cup to the fixed cost of RM40 and adding the desired profit of RM600, then dividing by the average number of cups sold per day.

To generate a profit of RM600 per day, Uncle Qi Wang's total revenue should be RM800 (fixed costs + variable costs + profit). His variable costs are RM4 per cup, and he sells 80 cups of coffee per day, so his daily variable costs are RM320.

Therefore, his daily revenue should be RM1,160. To find the price per cup, divide the total revenue by the number of cups sold: RM1,160 ÷ 80 cups = RM14.50 per cup. Therefore, Uncle Qi Wang should charge RM14.50 per cup of coffee to generate a profit of RM600 per day.

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A portal or dashboard is a major component of a business intelligence (BI) system that is often browser-based and presents visual representations of data and insights.

The purpose of a portal or dashboard is to provide users with easy access to critical information, enabling them to make informed decisions and take timely actions. The portal or dashboard can be customized to meet the specific needs of different departments or teams, allowing each user to see the information that is most relevant to their role. Overall, a portal or dashboard is an essential tool for any organization looking to harness the power of BI to drive business success.

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Answer:

The art and science of cultivating the land, growing crops, and raising livestock is known as agriculture. It entails the processing of plant and animal products for human consumption as well as their delivery to markets. These goods, as well as the agricultural practices employed, may differ from one region to the next.

Explanation:

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Banks would reduce their liquidity by restructuring their asset portfolio to contain fewer loans and more Treasury securities. The correct option is (B).What is liquidity?Liquidity is the ability of a firm or individual to convert assets into cash or equivalents rapidly, without incurring significant losses or price decreases.

Liquidity is important for both companies and individuals since it ensures that bills and other financial responsibilities can be paid quickly and effortlessly.What are loans?A loan is a sum of money that a person borrows to be repaid with interest.

A loan is a form of debt, which means that it is legally binding. Banks, credit unions, and other lending institutions provide loans.What are bonds?Bonds are financial instruments that represent a company's or government's debt.

When an organization borrows money from an investor, it issues bonds. When a person purchases a bond, they are effectively loaning the money to the issuer, with the promise of receiving it back with interest over a set period of time.

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The cost of ingredients, labor, and overhead expenses associated with each lunch plate.

By calculating the total cost per plate and considering factors such as customer demand, competition, and desired profit margin, the manager can determine an appropriate price to charge. This information helps in making pricing decisions that maximize profitability while remaining competitive in the market.

By analyzing the cost of leftover materials, the supervisor can identify inefficiencies in the production process, such as excessive waste or ineffective resource allocation.

This information enables the supervisor to make informed decisions on process improvements, resource optimization, and cost reduction strategies to enhance the plant's overall effectiveness.

By tracking the cost of materials, labor, and overhead associated with each product, the controller can calculate the cost of unsold inventory accurately.

This information helps in assessing the financial impact of excess inventory and making decisions on pricing, promotions, or production adjustments to minimize carrying costs and maximize profitability.

By analyzing historical data on expenses such as salaries, equipment maintenance, and supplies, the manager can forecast future expenditure patterns.

This information assists in budgeting and resource allocation decisions, allowing the manager to plan and prioritize expenses effectively while ensuring adequate funding for essential maintenance activities.

By analyzing historical sales data, the owner can identify the proportion of sales attributed to dine-in customers.

This information, combined with an assessment of potential changes in sales volume and costs associated with the transition,

can help the owner estimate the financial impact and make decisions on adjusting the menu, marketing strategies, and resource allocation to sustain profitability during the pandemic.

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According to the liquidity preference model, the equilibrium interest rate in the money market is determined by the b. supply of money and demand for money. Option b is Correct.

Liquidity refers to the extent to which an asset can be easily converted into cash without impacting the price of the asset. It indicates the ease with which one can convert an asset into cash and hence is referred to as the lifeblood of a company.

The term "liquidity" is frequently utilized in the financial market, where liquidity indicates the degree to which an asset can be sold without causing a significant price decline. The interest rate is determined by the supply of money and demand for money under the liquidity preference model. Option b is Correct.

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Answer:

D.) $1,135.30 at the end of 3 years

Explanation:

First method:

Formula for simple interest is I = P * R * T.

In this instance P = 3,000, R = 2.7, T = 5.

\(I=(3000)(0.027)(5)\\= $405\)

Second method:

The formula for annual compounding is \(A=P(1+r)^t\), where A = amount, P = principal (initial) amount, r = rate of growth, t = years.

\(A=5000(1+0.027)^3\)

=\(5416.0334\)

Third method:

The formula for periods within a year is \(A=P(1+\frac{r}{n})^n^t\). There is now the added value of n (number of periods per year). Since there are 3 quarters per year, n will be 4.

\(A=5000(1+\frac{0.039}{4})^4^*^3\\=5000(1.00975)^1^2\\= 5617.4129\)

Sum after 3 years is $1,135.30

Budget variance refers to the difference between the budgeted amount and the actual amount spent by an organization. It is a crucial financial performance measure at an organizational level.

The budget variance calculation involves subtracting the actual costs from the budgeted costs. It's usually measured in dollars or as a percentage. The difference between the budgeted and actual costs is referred to as a variance. A negative variance means that actual costs exceeded the budget, whereas a positive variance means that actual costs were lower than the budget. In other words, budget variance shows how effectively the organization is managing its finances.

To calculate budget variance, you may use the following formula: Budget Variance = Actual Amount Spent – Budgeted Amount. Budget variance is a crucial financial performance measure that assists an organization in determining how well it is managing its finances. The budget variance may be calculated by comparing the budgeted amount to the actual amount spent.

A positive variance indicates that the organization is saving money, while a negative variance indicates that the organization has exceeded its budget. Therefore, it is important to closely monitor and manage the budget variance to maintain the organization's financial health and ensure that its finances are used wisely.

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One of a wholesaler's key responsibilities is bulk breaking. A public warehouse is a location where products are kept in storage for a brief time.

Companies can store big amounts of product without having to pay for expensive storage facilities by breaking bulk, which is a straightforward operation. Businesses can reduce their bulk purchases by combining different product sizes, dividing large shipments into smaller lots, or mixing multiple brands in the same lot.

Breaking bulk in this context refers to delivering individual units from distribution centres to retail locations as opposed to the multiple units assembled by manufacturers into "case-packs." The advantages of space management are mostly highlighted at rather than the more evident decrease in inventory costs, at the retail level.

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Answer:

hola baby te loveee hablas spanish

Explanation:

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Answer and Explanation:

The calculation is given below:

Current ratio is

= Current assets ÷ current liabilities

= 210 ÷ 90

= 2.33 times

quick ratio is

= Quick assets ÷ current liabilities

= + ($210 - $160) ÷ 90

= 0.56  

And, the Cash ratio is

= cash ÷ Current liabilities

= 0.11

In this way it should be determined

Answer: uh what?

Explanation:

The present value of the annuity of $3000 per year at the end of each of 6 years after being deferred for 3 years, if money is worth 9% compounded annually, is $16,104.82 (rounded to the nearest cent).

To find the present value of an annuity, we need to discount the future payments back to the present using an appropriate discount rate. In this case, the discount rate is given as 9% compounded annually.

First, we need to calculate the future value of the annuity, which is the value of the six payments at the end of the sixth year. Since the payments are deferred for three years, we need to calculate the future value of a 3-year annuity first and then discount it back to the present.

The future value of a 3-year annuity of $3000 per year can be calculated using the formula for the future value of an annuity:

\($FV = A \cdot \frac{(1 + r)^n - 1}{r}$\)

where A is the annuity payment, r is the interest rate, and n is the number of periods. In this case, A = $3000, r = 9%, and n = 3. Plugging in these values, we get:

\($FV = 3000 \cdot \frac{(1 + 0.09)^3 - 1}{0.09}$\)

FV = $11,928.84

This is the future value of the 3-year annuity. To find the present value, we need to discount it back to the present using the formula for the present value of a lump sum:

\($PV = \frac{FV}{(1 + r)^n}$\)

where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods. In this case, n = 3 (the number of years the payments are deferred), so we get:

\($PV = \frac{11,928.84}{(1 + 0.09)^3}$\)

PV = $8,935.18

This is the present value of the 3-year annuity. Now we need to calculate the future value of the remaining 3-year annuity (i.e., the payments that occur after the 3-year deferral period). This can be done using the same formula as before, but with n = 3 and r = 9%, so we get:

\($FV = 3000 \cdot \frac{(1 + 0.09)^3 - 1}{0.09}$\)

FV = $11,928.84

This is the future value of the remaining 3-year annuity. To find the present value, we need to discount it back to the present using the formula for the present value of an annuity:

\($PV = A \cdot \frac{(1 - (1 + r)^{-n})}{r}$\)

where A is the annuity payment, r is the interest rate, and n is the number of periods. In this case, A = $3000, r = 9%, and n = 3, so we get:

\($PV = 3000 \cdot \frac{(1 - (1 + 0.09)^{-3})}{0.09}$\)

PV = $7,169.64

This is the present value of the remaining 3-year annuity. Finally, we add the present values of the two annuities to get the total present value:

Total PV = $8,935.18 + $7,169.64

Total PV = $16,104.82

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In the long run, a company's ability to maintain profits depends on barriers to entry. Thus, the correct answer is option A.

A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market.

Existing businesses win from entry barriers because they preserve their market share and capacity to make money. Special tax incentives for existing businesses, patent protections, strong brand recognition, devoted consumers, and high switching costs are a few examples of common entry barriers.

Therefore, the barriers to entry help a company to maintain its profits in the long run.

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Answer:

D. All of the above are correct

Explanation:

In many places, rhinoceros are illegal hunted down and their horns are illegal black market at a very high price. It is believed that the rhino horns have some medicinal value.

In the context, in several South African countries, the government have imposed heavy penalties on people who are caught in hunting of the rhinoceros. Thus this imposing of the penalties will increase the cost of the rhino horn in the black market, it will also makes the poaching business more lucrative as the demand on the horns and the cost of the hunters will be more. Penalties will also effect the supply of the rhino horns as many people will now stop poaching the rhinos. Thus the supply will decrease.

Therefore the correct option is (D).

Answer:

D. It would not run, because the on start block is needed to start a game.

Explanation:

The on start block is a special block in most programming languages, including Scratch, that is executed when the program is first run. This block typically contains instructions that are needed to set up the game or program, such as initializing variables, setting the background color, or displaying a title screen. Without the on start block, the game would not be able to run properly, because it would not have any instructions for how to set up and start the game.

Answer:

D. It would not run, because the on start block is needed to start a game.

Explanation:

Answer:

thnak u that made my day

Explanation:

Based on making specifications, on identifying options for cloud-based software and hardware, you will be evaluating Cloud computing.

Cloud computing serves as the process involving delivering of hosted services over the internet.

Therefore, Cloud computing involves making different services through the Internets, such as data storage.

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Based on business strategy, the cvs extra care card is an example of a loyalty program which is specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.

A loyalty program is a common strategy in business. The seller or producer creates to motivate customers to shop or return to purchase their goods or services.

Loyalty programs often include discounts on the current price or getting the point to make a purchase.

Hence, in this case, it is concluded that the correct answer is "Loyalty program."

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Answer:

lower your debt

Explanation:

Credit cards can help to lower debt when paid off on time regularly.

A credit card is a sort of credit facility offered by banks that allows clients to borrow monies up to a pre-determined credit limit. It allows customers to make purchases of products and services. When using a credit card, you must make at least the minimum payment each month by the balance's due date.

Paying it down on time might help to boost the credit. People who do not have much credit history may have difficulty obtaining a beginning card. A card with a lower credit score may be appropriate in some instances, but for many people, a secured card is a better alternative.

The lower credit usage, the smaller credit card balance. Paying your credit card debt on time and consistently might enhance your credit score.

As a result, if credit score improves, you may be able to qualify for lower interest rates and other loans, such as mortgages.

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Answer:

The eclectic paradigm argues that combining location specific assets or resource endowments and the firm's own unique assets often requires FDI.

Answer:

Art is wonderful art is beautiful are is mysterious art is so much more...

In the hiring process, Classifieds are people who are willing to confirm the job candidate's previous employment and discuss the candidate's qualifications for the job being applied for.

The term "hiring process" refers to the search, selection, and hiring of new personnel by a business. The three main parts of this process are planning, hiring, and employment selection. According to the Society of Human Resource Management, the length of the hiring process is 42 days on average (SHRM.) 27 working days are reported as the average in other job research. Your hiring process timetable should be based on the typical time to fill positions in your industry.

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A limited liability business enterprise (LLC) is a business structure allowed with the aid of state statutes. every nation might also use exclusive guidelines, you should check with your nation if you are interested in beginning a constrained legal responsibility enterprise. proprietors of an LLC are called contributors

The nation of Oklahoma, like almost every different nation, has an agency earnings tax. In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable profits. if your LLC is taxed as an employer you may need to pay this tax. The kingdom's company income tax goes back (shape 512) and is filed with the Oklahoma Tax fee.

To begin an Oklahoma LLC you may want to record the Articles of a corporation with the Oklahoma Secretary of state, which costs $one hundred. you could practice online, by way of mail, or in character. The Articles of the corporation is the felony record that officially creates your Oklahoma limited legal responsibility employer.3 days in the past.

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