the original price of a 2012 honda insight to the dealer was $17,695, but the dealer will pay only $16,745. if the dealer pays honda within 15 days, there is a 2% cash discount.
a. How much is the rebate?
b. What percent is the rebate? (Round your answer to the nearest hundredth percent.)
c. What is the amount of the cash discount if the dealer pays within 15 days? (Round your answer to the nearest cent.)

Answers

Answer 1

a. The rebate is $950.

b. The rebate is 5.39% (rounded to the nearest hundredth).

c. The amount of the cash discount if the dealer pays within 15 days is $353.90 (rounded to the nearest cent).

a. The dealer will pay only $16,745, whereas the original price of a 2012 Honda Insight to the dealer was $17,695.

Original price = $17,695

Dealer will pay = $16,745

Rebate = Original price - Dealer will pay= $17,695 - $16,745= $950

The amount of the rebate is $950.

b. The percentage of the rebate is calculated using the formula below:

Percentage of the rebate = (Rebate / Original price) × 100%= ($950 / $17,695) × 100%= 0.0538 × 100%= 5.38%

The percentage of the rebate is 5.38%.

c. If the dealer pays Honda within 15 days, there is a 2% cash discount.

The amount of cash discount is calculated using the formula below:

Cash discount = Original price × Cash discount rate= $17,695 × 0.02= $353.90

The amount of the cash discount if the dealer pays within 15 days is $353.90.

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Related Questions

(Algo) Pricing using total cost LO P6 Garcia Company sells snowboards. Each snowboard requires direct materials of $107, direct labor of $37, variable overhead of $52. and variable selling, general, and administrative costs of $10. The company has fixed overhead costs of $649,000 and fixed selling. general, and administrative costs of $100,000. It expects to produce and sell 10,700 snowboards. What is the selling price per unit if Garcia uses a markup of 10% of total cost? (Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts.) Belling price per unit

Answers

The selling price per unit for Garcia Company's snowboards, using a markup of 10% of total cost, is $232.

To calculate the selling price per unit, we need to determine the total cost per unit and then add the markup. The total cost per unit is the sum of direct materials, direct labor, variable overhead, variable selling/general/administrative costs, fixed overhead, and fixed selling/general/administrative costs.Total cost per unit = Direct materials + Direct labor + Variable overhead + Variable selling/general/administrative costs + Fixed overhead + Fixed selling/general/administrative costsTotal cost per unit = $107 + $37 + $52 + $10 + $649,000/10,700 + $100,000/10,700Total cost per unit = $107 + $37 + $52 + $10 + $60.65 + $9.35Total cost per unit = $276Next, we calculate the markup based on 10% of the total cost per unit:Markup = 10% * Total cost per unitMarkup = 0.10 * $276Markup = $27.60Finally, we add the markup to the total cost per unit to get the selling price per unit:Selling price per unit = Total cost per unit + MarkupSelling price per unit = $276 + $27.60Selling price per unit ≈ $303.60Rounded to the nearest whole dollar amount, the selling price per unit is $232.

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In Mark's absence, what source of power does Sherry have in enforcing Ollie's holiday scheduling policy?

Answers

Answer: Legitimate power

Explanation:

The source of power that Sherry has in enforcing Ollie's holiday scheduling policy is refered to as the legitimate power.

Legitimate power simply means the power that one has based on the formal position that is being held by the person in an organization. This usually applies to person who are in position of authority in the organization.

Therefore, the correct answer is legitimate power.

Recently the Economist magazine reported that the European Central Bank (ECB) will follow a tight monetary policy which would place a tight squeeze on indebted countries. This statement is assuming that: a. interest on the debt is fixed b. interest on the debt is floating (or variable) c. interest on the debt remains constant
d. None of the options can be assumed

Answers

The statement, "Recently the Economist magazine reported that the European Central Bank (ECB) will follow a tight monetary policy which would place a tight squeeze on indebted countries" Option B: Interest on the debt is floating (or variable)

is assuming that the interest on the debt is floating (or variable). This is because a tight monetary policy leads to higher interest rates, which means that the interest on the debt will rise. If the interest on the debt is fixed, then it will not be affected by changes in the monetary policy of the European Central Bank (ECB).

Similarly, if the interest on the debt remains constant, then it will not be affected by changes in the monetary policy of the European Central Bank (ECB). Hence, the correct answer is option B, i.e. interest on the debt is floating (or variable).

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A(n) _____ identifies how you feel about an activity or subject.

Answers

Answer:

Survey

it questions and identifies how you feel about an activity or subject.

Answer: interest theory

took it on edg.

What Came first, the color orange or the fruit?

Answers

The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)

Answer:

the fruit

Explanation:

The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s

QUESTION 1 of 10: True or False: Letting employees fail actually contributes to the success of the business.


a) True
b) False

Answers

Answer:

True

Explanation:

By failing you learn from your mistakes, and it's just overall good to fail, the more you fail the more you learn and learn not to repeat it.

A bank reconciliation is a(n) ______. Multiple choice question. internal report prepared to verify the accuracy of the voucher system external report prepared after the recording of adjusting entries and the preparation of financial statements internal report prepared to compare the company's cash records with the bank statement report prepared by the bank to independently verify the accuracy of the cash balance per the company's accounting records

Answers

A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.

Bank reconciliation is the way in which the bank  balance is compare with cash balance in order to detect and rectified  any discrepancies or error.

Important of Bank reconciliation includes:

• It enables company's or organizations to know the actual position of their  bank balanc

•It help to detect errors

•It help to detect  fraud

•It help to prevent fraud

•It help to prevent embezzlement of money.

•It help to verify the accuracy of both the bank balance and the cash balance.

Inconclusion A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.

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Your product costs $5.00
to make. If you want a
gross margin of 50%,
what should your price be?
$[?]

Answers

$10 Brainliest please

Answer: $10.00

Explanation:

Your politician says he wants to allocate a $1,000,000 for airport metal detectors to deter terrorism. At the rally he says 'spending this money will be worth it if this policy saves even one life". Having taken an economics class, you roll your eyes at the political gibberish.
Explain why, from the economic perspective, the politician is spouting gibberish.

Answers

From an economic perspective, the politician's statement can be considered as gibberish because it fails to consider the concept of opportunity cost and the principle of marginal analysis.

The statement by the politician disregards the economic principle of opportunity cost, which states that when allocating resources to one particular use, there is an associated opportunity cost of forgoing alternative uses of those resources. In this case, the $1,000,000 spent on airport metal detectors could have been allocated to other policies or initiatives that could potentially save more lives or provide greater societal benefits.

Additionally, the politician's statement overlooks the principle of marginal analysis. Evaluating the worthiness of a policy based on the potential to save "even one life" fails to consider the incremental benefits and costs of the policy. The resources allocated to airport metal detectors could have been used in a way that provides greater marginal benefits and saves more lives in other areas, such as healthcare, infrastructure, or education. Therefore, from an economic perspective, the politician's statement is considered gibberish as it neglects the important economic concepts of opportunity cost and marginal analysis.

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both dividends paid and dividends declared during the year are reported in the statement of cash flows. State True or False your answer:
a. True
b. False

Answers

Answer:

B. False is the correct answer.

Explanation:

Is the offer from the outside supplier financially attractive? YES or NO and Why? RECALCULATE THE UNIT COST WITH THE IMPORTANT (RELEVANT) NUMBERS

Answers

Answer:

The answer is "No, the offer is not financially attractive".

Explanation:

Please find the complete question and table in the attachment file.

Costs = 85 dollars

External supplier purchase costs = 101

Its external supplier's bid is not appealing financially. Since a loss of $16 per unit is going to happen. (101 - 85).

The company must produce part T6.

Note: Overhead costs shall not be considered as the cost is irrelevant because they arise even though the part T6 is produced or bought. The price is just $85.

Is the offer from the outside supplier financially attractive? YES or NO and Why? RECALCULATE THE UNIT
Is the offer from the outside supplier financially attractive? YES or NO and Why? RECALCULATE THE UNIT

What are some ways that you’ve seen department stores, online stores, or social media ads try to activate the amygdala and encourage you to buy products?.

Answers

The ways seen in department stores, online stores, or social media ads to activate the amygdala is carried out by companies using emotional marketing to encourage consumers to purchase the products.

Amygdala is a complex structure of cells in the brain which are involved in processing of emotions and memories. Emotional marketing plays an important role in companies’ marketing campaigns.  Consumers decisions always involve an emotional component. Emotional branding use messages to target human emotions and persuade consumers to buy products.

Ways used by departmental stores, online store, or social media ads to activate the amygdala is encourage buying products are:

1. Know your target audience by performing marketing research on what could encourage an emotional reaction in your campaign. The material should connect to consumers’ desire, dreams, fears, or memories.

2. Foster inspiration by associating the brand with famous and accomplished people making your consumer believe they can achieve the same.

3. Create aspirations by suggesting that consumer can achieve a certain goal by using the product.

4. Use location-based marketing which can stimulate connection with customers located in that area.

5. Express love and passion expressing company’s commitment to the consumer or the product.

6. Use colors in your ads as colors create emotional response in consumers attracting them to the product.

7. Tell a story as stories resonate with consumer at a higher level than a simple product description. Adding humor or interactive features can go a long way.

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When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies
instead. This situation is an example of the
The supply curve slopes upward because at a higher price, producers have
to produce more.
The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This
situation is an example of the

Answers

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

Answer: Here go the right answer and I got it right

Explanation:

When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situation is an example of the substitution effect.

The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This situation is an example of the

income effect.

MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study

Answers

Answer:

Name one component/feature of each business environment in the case study

Task 2: Organizational Structures and Managerial Skills

In this activity, you will understand the role of organizational hierarchy and management skills by completing the following tasks:

Conduct online research and explore common organizational structures in any industry of your choice.

Discuss the different qualities and skills that managers working in such an industry should possess.

Answers

Answer:

Sample Answer

Explanation:

Common organizational structures in the magazine industry consist of a chief and managers in charge of different departments. For example, in the editorial department, there is an Editor-in-Chief who is charge of the Managing Editor, Executive Editor, and the Creative Director. Each editor or director has a department they are in charge and have to keep in check. The Managing Editor may put a Copy Chief in charge, but that doesn’t take away the authority of the Managing Editor. Different qualities and skills that managers working in the magazine industry should possess are innovation, excellent writing skills, good research skills, strong interpersonal skills, IT skills, and familiarity with commonly used software, such as HTML, Photoshop, Java, QuarkXPress and InDesign

The hospitality industry typically employs various organizational structures including functional, divisional, and matrix structures.

What are the common organizational structures in the hospitality industry?

In functional structures, departments are divided based on specific functions like marketing, operations, and finance. Divisional structures organize the company into distinct units based on products or geographical regions but matrix structures combine functional and divisional structures to foster collaboration across different departments.

Managers in the hospitality industry should possess a diverse range of qualities and skills to succeed in this fast-paced and customer-centric sector. A strong leadership skills are essential to motivate and guide their teams effectively and exceptional communication skills enable managers to liaise with staff, guests, and stakeholders proficiently.

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read this case then answer.
On February 1. 2004, Zhang entered into a contract to buy former realtor Frank Sorichetti's Las Vegas home for $532,500. The contract listed a March closing date and a few household furnishings as part of the sale. On February 3, Sorichetti told Zhang that he was terminating the sale 'to stav in the house a little longer" and that Nevada law allows the rescission of real property purchase agreements within three days of contracting. Sorichetti stated that he would sell the home, however, if Zhang paid more money. Zhang agreed. Another contract was drafted, reciting a new sales price, $578,000. This contract added to the included household furnish- ings drapes that were not listed in the February I agreement, and it set an April, rather than March, closing date. The primary issue betore the court was whether a real property purchase agreement is because the seller would not pertorm under an ear- lier purchase agreement for a lesser price. Should the court enforce the second contract? Why O rwhy not? [Zhang v. The Eighth Judicial District Court of the State of Nevada, 103 P.3d 20 (Sup. Ct. Nev. 2004).]

Question:
Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant).?

Answers

Zhang initially entered into a contract to purchase Sorichetti's Las Vegas home, but Sorichetti terminated the sale and proposed a new contract with different terms. The court's decision would depend on various legal factors, including the enforceability of the second contract in light of the seller's refusal to perform under the initial agreement.

In the case of Zhang v. The Eighth Judicial District Court of the State of Nevada, the parties involved in the case dispute are:

1. Plaintiff: Zhang
2. Defendant: Frank Sorichetti

Explanation:

1. Zhang: Zhang is the plaintiff in this case. They entered into a contract with Frank Sorichetti to buy his Las Vegas home for $532,500. Zhang agreed to a new contract after Sorichetti terminated the initial sale, which included a higher sales price and additional household furnishings.

2. Frank Sorichetti: Frank Sorichetti is the defendant in this case. He initially entered into a contract with Zhang to sell his Las Vegas home but terminated the sale. He later proposed a new contract with a higher sales price and additional furnishings.

Explanation:
In the case of Zhang v. The Eighth Judicial District Court of the State of Nevada, the plaintiff, Zhang, entered into a contract with the defendant, Frank Sorichetti, to purchase his Las Vegas home. However, Sorichetti terminated the initial sale, stating that he wanted to stay in the house longer and that Nevada law allows the rescission of real property purchase agreements within three days of contracting. Sorichetti then proposed a new contract with a higher sales price and additional household furnishings. The primary issue before the court was whether the second contract should be enforced, considering the seller's refusal to perform under the earlier purchase agreement for a lesser price.

Explanation:
The plaintiff in this case is Zhang, as they initiated the legal action by bringing the matter to court. Zhang entered into a contract with the defendant, Frank Sorichetti, to buy his Las Vegas home. However, Sorichetti terminated the initial sale, citing his desire to stay in the house longer and claiming that Nevada law allows the rescission of real property purchase agreements within three days of contracting. Sorichetti then proposed a new contract with a higher sales price and additional household furnishings, which Zhang agreed to.

The primary issue before the court was whether the second contract, which deviated from the original agreement, should be enforced. The court needed to determine whether the seller's refusal to perform under the earlier purchase agreement for a lesser price was sufficient grounds to uphold the second contract. The court would consider various factors, including the intentions of the parties involved and the legality of the actions taken by Sorichetti.

Conclusion:
The parties involved in the case dispute of Zhang v. The Eighth Judicial District Court of the State of Nevada are Zhang (the plaintiff) and Frank Sorichetti (the defendant). Zhang initially entered into a contract to purchase Sorichetti's Las Vegas home, but Sorichetti terminated the sale and proposed a new contract with different terms. The court's decision would depend on various legal factors, including the enforceability of the second contract in light of the seller's refusal to perform under the initial agreement.

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I have this assignment on the movie The Founder, i need 6 marketing terms/techniques that were used in the movie, and the meaning. does anyone have any good marketing terms or techniques that were used in the founder? This assignment is due tomorrow.

Answers

The film offers fascinating insight into the early brand strategy that underpinned the legendary McDonald's brand. To the cost of the health of millions of people and the world, what director John Lee Hancock shows about Kroc's impact on our food system and food culture is a much wider story.

What good marketing terms or techniques that were used?

Marketing is about values in my opinion. In this complex and chaotic environment, there is little likelihood that we will be remembered for very long. No business is. Therefore, we must be very explicit about what we want them to know about ourselves.

Therefore, The brothers improved the productivity of the restaurant by using an assembly line, a method that completely transformed the auto industry. It was known as the Speeder System.

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How does your specific money personality (whether you‘re a saver or a spender) play into your relationships now? How will it affect your future relationships?

Answers

The manner we behave when choosing investments and how we go about funding, saving, and investing are influenced by our money personalities.

What do you mean when you refer to money personalities?

Investors, savers, big spenders, debtors, and shoppers are the five most prevalent money personalities.

Debtors and shoppers might have a tendency to overspend.

When it comes to handling household finances, the personality traits of investors and savers may be similar.

Commanders (ENTJ) (ENTJ).

They base a lot of life decisions, such as those regarding education and employment, on money. They are the personality type that most frequently equates wealth with power.

The first step towards financial health is understanding your money personality, which will help you identify your approach to spending, saving, and investing as well as the areas where you need to take action.

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Jay asks his friends for advice: "Should I start doing mobile banking now that I've got my new smart phone?" Which friend is correct in their statement on the benefits of mobile banking?

Answers

The benefits of mobile banking include Convenience, time saving,  Easy to monitor, Bank on the go and many more.

What is mobile banking?

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). Advantages to mobile banking include the ability to bank anywhere and at any time.

Mobile banking typically uses an app that is provided by the financial institution for this purpose. Mobile banking is available on a 24-hour basis and is often dependent on the availability of an internet or data connection to the mobile device.

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Judging is:

Select the best answer choice.
A.
One's openness and flexibility to new information
B.
Perceiving people
C.
Responding to what the world throws at an individual
D.
Imposing order on the outside world

Answers

B. perceiving people

As discussed in the article entitied "Dealers and Buyers Are Both Worried Cars Are Too Expensive," one reason why the price of sedans did not fall from 2020-2022 was because ____
A. sedans and SUVs are substitutes in production and the prices of SUVs fell. B. sedans and SUVs are substitutes in production and the profilability of producing SUVs rose. C. U.S. automobile manufactorers expected the price of sedans to rise in 2023 so they withheld production in 2022 causing prices to rise or, at least, not fall D. the wages paid to employees of U.S. automobile manufactorers fell. E. sedans and SUVs are substitutes in production and the profitability of producing SUVs foll.

Answers

In the above question, The correct answer is (B.) Sedans and SUVs are substitutes in production, and the profitability of producing SUVs rose.

The article mentioned that the price of sedans did not fall from 2020-2022 despite the drop in demand, which would normally result in a price decrease. One reason for this is that sedans and SUVs are substitutes in production, meaning that automobile manufacturers can choose to produce either one depending on which is more profitable. In this case, the profitability of producing SUVs rose, likely due to increased demand for SUVs.

The article also noted that the shift in consumer preferences towards SUVs has been a long-term trend, which may have influenced manufacturers to allocate more resources towards SUV production. Additionally, the article mentioned that the COVID-19 pandemic led to a shortage of computer chips, which are essential components in modern cars, further exacerbating the supply shortage of sedans.

Therefore, the lack of price decrease for sedans from 2020-2022 can be attributed to a combination of factors, including the shift in consumer preferences towards SUVs, the profitability of producing SUVs, and the shortage of computer chips.

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Nations with few natural resources demonstrate greater economic growth rates than OPEC countries". At the same time nations with many natural resources do not show such economic growth. Discuss this in terms of Japan, South Korea, Taiwan, Nigeria, Saudi Arabia and Venezuela. Provide data related to these countries natural resources and economic growth rates and also provide reasons behind their greater/lower rate of economic growth. You may utilize the attached spreadsheet in the analysis.

Comparison Factor High Economic Growth/Low Natural Resource Abundance Avg Low Economic Growth/Low Natural Resource Abundance Avg
Japan Indonesia S. Korea Saudi Arabia Nigeria Venezuela
Gross domestic product $ (1980)
Gross domestic product $ (1995)
Average annual GDP growth (1980-90)
Average annual GDP growth (1990-95)
Population (1980)
Population (1995)
Average annual population growth % (1985-95)
GNP per capita $ (1995)
GNP per capita PPP $ (1995)
GNP per capita growth annual % (1985-95) 0.00% 0.00%
Human development index (1995) 0.00 0.00
Adult illiteracy % of people 15 and above (1995)

Answers

It is generally believed that countries with few natural resources perform better economically than countries with many natural resources, such as those in the Organization of Petroleum Exporting Countries (OPEC).

A look at the statistics of Japan, South Korea, Taiwan and Nigeria, Saudi Arabia, and Venezuela provides evidence that this is the case. Nations with few natural resources demonstrate greater economic growth rates than OPEC countries." At the same time, nations with many natural resources do not show such economic growth. This can be proved by the following factors: Japan, South Korea, and Taiwan have very few natural resources. Yet, in the last 40 years, all three have had GDP growth rates of 6% or higher, while Nigeria, Saudi Arabia, and Venezuela, which have abundant natural resources, have had GDP growth rates below 5%. Oil is Saudi Arabia's most abundant natural resource, accounting for nearly 75% of its GDP. Nigeria is a country that is rich in oil and other natural resources. Both nations have a long-standing history of political and economic instability that has prevented them from growing at the same pace as other developing nations. In addition to political instability, these countries' over-reliance on oil has made their economies particularly vulnerable to fluctuations in oil prices. The events of 1973 and 1986, when oil prices fell significantly, demonstrated how vulnerable OPEC countries are to sudden fluctuations in oil prices. Saudi Arabia and Venezuela, for example, had to undertake significant economic reforms in order to stabilize their economies in the wake of these changes. As a result, the national economies are very volatile, with rapid growth spurts being followed by recessions. Japan, South Korea, and Taiwan have, on the other hand, developed diversified economies that are not solely dependent on a single natural resource. Japan, South Korea, and Taiwan have used their lack of natural resources as a motivation to become more innovative. They have, as a result, prioritized education and technological advancements in order to keep their economies growing at a rapid pace.

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how has technology changed communication over the past decade?​

Answers

Answer:

Explanation:

Advancements in technology and changes in communication generally go hand in hand. Landlines displaced the telegraph and cell phones replaced landlines. The arrival of the internet opened new doors of personal communication. E-mails replaced postal mails and social media took the place of text messages

how do I keep my little sister out of my room?? like for real, she's so fuqing annoying. coming in my room a 3am for no reason, and she broke my dresser drawer. I'm so over it at this point​

Answers

Answer:

to be honest this is a real problem all over the world but with my experience threaten her with something she would get in trouble for with your parents and start bothering her a bunch and going into her room for no reason

Click this link to view the OOH qualities for Chefs. According to the OOH, what are common qualities Chels need?
Check all that apply.
business and leadership skills
creativity

the answer is 1,2,3,6,7
dexterity
persuasiveness and sales skills
public-speaking skills
time-management skills
sense of taste and smell

Click this link to view the OOH qualities for Chefs. According to the OOH, what are common qualities

Answers

Answer:

business and leadership skills

creativity

dexterity

time-management skills

sense of taste and smell

Explanation:

According to the OOH, the common qualities chefs need are business and leadership skills, creativity, dexterity, time-management skills, and sense of taste and smell.

Answer:

person above is correct

Explanation:

guitar factory corporation files a registration statement and delivers a prospectus to the appropriate parties. these items are intended to enable the evaluation of certain financial risks by

Answers

Answer:

Explanation:

potential investors. When Guitar Factory Corporation files a registration statement and delivers a prospectus, their intention is to enable potential investors to evaluate certain financial risks associated with investing in the company. The registration statement contains detailed information about the company's financials, business operations, management, and other relevant details required by regulatory authorities.

The prospectus, which is a condensed version of the registration statement, provides key information about the offering, including the purpose of the investment, risk factors, and financial data. By reviewing these documents, potential investors can assess the financial risks associated with investing in Guitar Factory Corporation and make informed decisions about whether to invest or not.

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Which of the following accounts would not
use T-Accounts?
A. Shareholder's Capital
B. Cash
C. Dividends Payable
D. None of the Above

Answers

The answer will have to be C
Answer:

I believe the answer is c.

Explanation:

I did some research

What are the three components of retained earnings?.

Answers

Answer:

revenues and gains, expenses and losses, and bottom line of net income or net loss for the period.

The three components of retained earnings are:

RevenueExpensesDividends

What is retained earnings?

The term "retained earnings" refers to the amount of revenue retained by a corporation after subtracting indirect and direct costs, income taxes, and shareholder dividends. Retained earnings are the net income that a company maintains for itself. Retained earnings are a liability to a company since they are cash set aside to reimburse stakeholders in the event of a company sale or buyout.

There was the three important compotes are retained earnings such as

revenues and gainsexpenses and lossesDividends

Earnings retained in the beginning period, net profit/loss made throughout the accounting cycle, and cash and dividend income paid during in the accounting cycle are all included.

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Lattimer Company had the following results of operations for the past year: Contribution margin income statement Per Unit Annual Total Sales (15,000 units) $ 12.00 $ 180,000 Variable costs Direct materials 1.50 22,500 Direct labor 4.00 60,000 Overhead 1.00 15,000 Contribution margin 5.50 82,500 Fixed costs Fixed overhead 1.00 15,000 Fixed selling and administrative expenses 1.40 21,000 Income $ 3.10 $ 46,500 A foreign company offers to buy 5,000 units at $7.50 per unit. In addition to variable costs, selling these units would add a $0.25 selling expense for export fees. Lattimer annual production capacity is 25,000 units. If Lattimer accepts this additional business, the special order will yield a: Multiple Choice

Answers

To determine the effect of the special order on Lattimer Company's income, we need to calculate the incremental contribution margin. This is the difference between the revenue from the special order and the incremental variable costs (i.e., the additional costs that will be incurred to produce and sell the 5,000 units).

Revenue from special order = 5,000 x $7.50 = $37,500
Incremental variable costs = 5,000 x ($1.50 + $4.00 + $1.00 + $0.25) = $31,250

Incremental contribution margin = $37,500 - $31,250 = $6,250

Since the incremental contribution margin is positive, accepting the special order will increase Lattimer Company's income. However, we need to check whether the special order will affect the company's regular business.

Specifically, we need to determine whether Lattimer can still sell the remaining 10,000 units at the regular price of $12.00 per unit.

Total demand for Lattimer's product = 15,000 (regular sales) + 5,000 (special order) = 20,000 units
Production capacity = 25,000 units
Available units for regular sales = 25,000 - 5,000 (special order) = 20,000 units

Since the total demand (20,000 units) is equal to the available units for regular sales (20,000 units), accepting the special order will not affect Lattimer's regular business. Therefore, the special order will yield a positive incremental contribution margin of $6,250.

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Liability insurance is…

A. Insurance that will pay for damage to your car in the event of an accident

B. Insurance that will cover injuries to yourself in the event of an accident

C. Insurance that will pay for damage done by someone who doesn’t have insurance

D. Insurance that will pay for injury to another driver and/or damage to their car if you are in an accident

Answers

Answer:

D

Explanation:

Liability means being responsible for something, usually by law, so liability insurance is when insurance protects you from charges from the other party's injuries and/or damage to their car in the case of an accident.

Answer:

D. Insurance that will pay for injury to another driver and/or damage to their car if you are in an accident

Explanation:

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