Answer:
Medical records
Explanation:
I took the same test
Elliptical Consulting is a consulting firm owned and operated by
Jayson Neese. The following end-of-period spreadsheet was
prepared for the year ended June 30, 2019.
Based on the spreadsheet below, prepare an income statement,
statement of owner's equity, and balance sheet for Elliptical
Consulting.
Please submit your completed assignment in Blackboard.
F
G
A
1
2
3
4
5
6 Account Title
B. Tc D
E
Elliptical Consulting
End-of-Period Spreadsheet
For the Year Ended June 30, 2019
Unadjusted
Trial Balance Adjustments
Dr. Cr. Dr. Cr.
Adjusted
Trial Balance
Dr. Cr.
27,000
53,500
3,000
30,500
8 Cash
9 Accounts Receivable
10 Supplies
11 Office Equipment
12 Accumulated Depreciation
13 Accounts Payable
14 Salaries Payable
15 Jayson Neese, Capital
16 Jayson Neese, Drawing
17 Fees Earned
18 Salary Expense
19 Supplies Expense
20 Depreciation Expense
21 Miscellaneous Expense
22
23
27,000
53,500
(a) 2,100
900
30,500
4,500
(b) 1,500
6,000
3,300
3,300
(C) 375
375
82,200
82,200
2,000
60,000
60,000
(c) 375
32,375
(a) 2,100
2,100
(b) 1,500
1,500
2,000
150,000 3,975 3,975 151,875 151,875
2,000
32,000
2,000
150,000
Answer:
Please submit your completed assignment in Blackboard.
Explanation:
The Andrews company currently has the following balances in their equity accounts: Common Stock $12,079 Retained earnings $90,369 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year
Answer:
$120,669
Explanation:
Ending Retained Earnings = Opening Retained Earning + Net Income - Dividends
therefore,
Ending Retained Earnings = $90,369 + $46,300 - $16,000 = $120,669
thus,
Ending balance in Retained Earnings be next year will be $120,669
Workers in the Counseling and Mental Health Services pathway often study and use a specific field of knowledge to
assess and help improve a client's mental state. This field of study is called
O sociology
O statistics
O psychology
O rehabilitation
Answer:
Your answer is
C. Psychology
Explanation:
Psychology is the study of the mind, and Counselers and Mental Health Services help to improve the clients mental state by knowing the way of the mind.
Psychology is the study of the mind, and by understanding how the mind works, counsellors and mental health services can help their clients' mental health. Hence option C is correct .
What is Psychology ?The scientific study of the mind and behaviour is called psychology. The study of conscious and unconscious events, such as emotions and thoughts, is included in psychology.
neuroscience
It is a field of study that bridges the natural and social sciences and has a huge scope. Psychologists are interested in learning about the brain's emergent properties, which connects psychology to.
The first letter of the Greek word psyche, from which the term psychology is derived, is frequently associated with the science because psychologists seek to understand human behaviour as social scientists.
Professional researcher or practitioner who works in the field, also known as a psychologist. Some psychologists can be categorised as cognitive or behavioural scientists.
Some psychologists make an effort to comprehend how mental processes affect both individual and social behaviour. Others investigate the physiological and neurobiological mechanisms underlying the actions and behaviours of the brain.
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Melissa invested $45,000. in the Vanguard "B" mutual fund. The net asset value of the fund at the time of purchase was $12.78 and was back-loaded, with a loading rate of 4.5%. When she cu sold her fund shares, the net asset value was $22.33 Considering the back-end load, how much profit/loss did she make on her investment?
Melissa made a profit of $31,571.69 on her investment, considering the back-end load.
How to calculate how much profit/loss did she make on her investment?Calculating the number of shares purchased:
Number of shares = Investment amount / NAV at the time of purchase
Number of shares = $45,000 / $12.78 = 3,520.81 shares (rounded to two decimal places)
Calculating the value of the investment at the time of sale:
Value at the time of sale = Number of shares * NAV at the time of sale
Value at the time of sale = 3,520.81 shares * $22.33 = $78,596.69 (rounded to two decimal places)
Calculating the back-end load:
Back-end load = Investment amount * Loading rate
Back-end load = $45,000 * 4.5% = $2,025
Calculating the profit or loss:
Profit/Loss = Value at the time of sale - Investment amount - Back-end load
Profit/Loss = $78,596.69 - $45,000 - $2,025 = $31,571.69 (rounded to two decimal places)
Therefore, Melissa made a profit of $31,571.69 on her investment, considering the back-end load.
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What are the two main elements that are involved in the measurement of risk?
Answer: The two main elements that are involved in the measurement of risk are probability and impact.
Explanation:
Probability refers to the likelihood that a particular event will occur. It is usually expressed as a percentage or a decimal, with a value between 0 (impossible) and 1 (certain).
Impact refers to the magnitude of the consequences that would result if the event were to occur. It can be measured in terms of financial loss, injury, or other negative outcomes.
Together, probability and impact are used to assess the overall level of risk associated with a particular event or situation. This is typically done by multiplying the probability of an event occurring by the impact it would have if it did occur.
Probability: Probability refers to the likelihood or chance of an event or outcome occurring. In the context of risk, it measures the likelihood of a particular risk event happening. Probability is often expressed as a percentage or a fraction, ranging from 0 to 1, where 0 represents no chance of occurrence, and 1 represents a certain event.
Impact: Impact refers to the potential consequences or severity of a risk event if it does occur. It measures the magnitude of the potential harm or loss that the risk event can cause to an organization or individual. Impact is often assessed in financial terms or other relevant metrics, such as reputation damage, operational disruptions, or safety concerns.
By considering both probability and impact, risk assessments can provide a comprehensive understanding of the potential risks faced by an entity and help in developing effective risk management strategies.
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_____ are travelers who like adventure, but in moderation. Dependables Dependables Intermediaries Intermediaries Centrics Centrics Venturers
Answer:
pretty sure its centrics
Answer:
centrics
Explanation:
i got it right
q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new checking account balance?
Answer:
$266.42
Explanation:
$318.59-$52.17=$266.42
The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
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5 eBook Preparing a consolidated income statement For the year ended December 31, 20Y2, the operating results of Paley Corporation and its wholly owned subsidiary, Sims Enterprises, are as follows: Paley Sims Corporation Enterprises Sales Cost of goods sold Gross profit Operating expenses Operating income Interest revenue Interest expense Net income Sales 3,200,000 (1,900,000) 1,300,000 (750,000) 550,000 20,000 Cost of goods sold Gross profit Operating expenses Operating income During 20Y2, Sims Enterprises sold and received payment of $80,000 for merchandise that was purchased by Paley Corporation. The merchandise sold to Paley cost Sims Enterprises $45,000. Paley Corporatio (nonaffiliated) company for $110,000. 570,000 a. Prepare a consolidated income statement for Paley Corporation and Subsidiary. Hint: Eliminate the effect of the intercompany sale. Paley Corporation and Subsidiary Consolidated Income Statement For the Year Ended December 31, 20Y2 Other revenue and expense: Interest revenue Interest expense Net income Print Item Check My Work 900,000 (550,000) 350,000 (125,000) 225,000 (15,000) 210,000 X All work saved. Email Instructor Sav
The cost of goods sold ($1,900,000 + $45,000) is adjusted by the intercompany sale. the effect of the intercompany sale is eliminated in preparing the consolidated income statement.
Consolidated income statement is used to combine the financial statements of two or more parent company and their subsidiaries into a single financial statement. Therefore, the consolidated income statement for Paley Corporation and its wholly owned subsidiary, Sims Enterprises can be prepared as follows; Paley Corporation and Subsidiary Consolidated Income Statement For the Year Ended
December 31, 20Y2Sales $3,200,000Cost of goods sold ($1,900,000 + $45,000) 1,945,000 Gross profit $1,255,000
Operating expenses ($750,000 - $125,000) 625,000
Operating income $630,000Other revenue and expense:
Interest revenue $20,000Interest expense ($15,000 + $20,000) (35,000)Net income $615,000Note: The cost of goods sold ($1,900,000 + $45,000) is adjusted by the intercompany sale.
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A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
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what is the definition of bond?
Elena works for a company that handles product testing for a company based in Germany. This work is an example of
Answer:
outsourcing
Explanation:
outsourcing is what companies use to reduce production costs by contracting some business activities to other businesses.
hope this helps:)
Answer:
Elena works for a company that handles product testing for a company based in Germany. This work is an example of Outsourcing.
Explanation:
Outsourcing is a form of the verb outsource. Outsource is usually defined as of a company or organization, to purchase (goods) or subcontract (services) from an outside supplier or source.
Outsourcing is the technique used by companies to reduce cost by transferring portions of work to third party suppliers opposed to performing the job internally.
Outsourcing benefits include savings, quality improvement, and the ability of the organization to concentrate time and resources on its core resources.
Recently, "de-dollarization" has become a hot topic of global discussion. Recently, a Chinese think tank published an article saying that the trend of global de-dollarization has become very clear, and many countries in the world are working hard to reduce their dependence on the US dollar. The main driving force for this trend is my country's weaponization of its currency through excessive sanctions.
De-dollarization, or the reduction of dependence on the US dollar in global financial transactions, has indeed gained attention in recent years. While it is true that some countries are actively working to diversify their currency holdings and reduce reliance on the US dollar, it is essential to consider multiple factors that contribute to this trend.
One of the factors that have led to discussions about de-dollarization is the use of economic sanctions by the United States. Economic sanctions can be a powerful tool for a country to exert pressure on another nation, but they can also have unintended consequences. When the US imposes sanctions, it often restricts access to the US financial system, which is heavily reliant on the US dollar. This has prompted some countries to explore alternative methods of conducting international trade and finance to mitigate the impact of sanctions.
China, as a rising economic power, has been at the forefront of efforts to promote de-dollarization. It has taken steps to internationalize its currency, the yuan (also known as the renminbi), and has established currency swap agreements with various countries to facilitate trade settlements in yuan. Additionally, China has been promoting the use of its currency in international transactions through initiatives like the Belt and Road Initiative, which aims to enhance trade connectivity and financial integration among participating countries.
While weaponization of the US dollar through sanctions is indeed a contributing factor to the de-dollarization trend, it is not the sole driver. Other factors include concerns about the long-term stability of the US dollar, efforts by countries to reduce vulnerability to currency fluctuations, and geopolitical considerations. Some countries view de-dollarization as a way to enhance their economic and financial sovereignty, diversify risk, and reduce exposure to potential US policy changes.
It is important to note that the process of de-dollarization is gradual and complex. The US dollar still remains the dominant global reserve currency and the primary currency for international trade. The global financial system has deep-rooted structures and networks that make a rapid shift away from the US dollar challenging. However, as various countries seek to reduce their dependence on the US dollar, we can expect ongoing discussions and actions related to de-dollarization in the global economic landscape.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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The board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if he owned 1,020 shares before the split
If the board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, the number of shares of Herbalife stock will an investor have if he owned 1,020 shares before the split is:2,040 shares.
Using this formula to find the number of shares
Number of shares before the split = Number of shares owned × Stock split
Let plug in the formula
Number of shares before the split = 1,020 shares × 2/1
Number of shares before the split = 2,040 shares
Therefore we can conclude that the number of shares before the split is 2,040 shares.
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Please help!! URGENT! Question & answers in photo
Answer:
its black? or is it just mine
Explanation:
Chester Company earned $12,500 of cash revenue, paid $7,500 for cash expenses, and paid a $200 cash dividend to its owners. Which of the following statements is true?
The net cash inflow from operating activities was $5,000.
Cash revenue and cash expenses are operating activities. Paying dividends is a financing activity. $12,500 revenue − $7,500 expense = $5,000 cash inflow from operating activities.
Option D. The net cash inflow from operating activities is equal to cash revenue minus cash expenses. In this case, the company earned $12,500 in cash revenue and paid $7,500 in cash expenses, resulting in a net cash inflow from operating activities of $12,500 - $7,500 = $5,000.
Cash revenue and cash expenses are considered operating activities because they are directly related to the company's core operations and are necessary for the company to generate revenue. Paying dividends, on the other hand, is a financing activity because it is a use of cash that is not directly related to the company's operations and is intended to return value to the company's owners. Cash revenue and cash expenses are considered operating activities because they are directly related to the company's core operations and are necessary for the company to generate revenue. Cash revenue represents the inflow of cash from selling goods or services, while cash expenses represent the outflow of cash from operating the business, such as paying for raw materials, supplies, and employee salaries.
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Chester Company earned $12,500 of cash revenue, paid $7,500 for cash expenses, and paid a $200 cash dividend to its owners. Which of the following statements is true?
A. The net cash inflow from operating activities was $5,000.
B. Cash revenue and cash expenses are operating activities.
C. Paying dividends is a financing activity.
D. $12,500 revenue − $7,500 expense = $5,000 cash inflow from operating activities.
1. Which of the following is not a renewable resource?
a. Energy resources
b. Fossil Fuel
c. Natural gas
Answer:
fossil fuels
Explanation:
Although fossil fuels are continually formed by natural processes, they are generally classified as non-renewable resources because they take millions of years to form and known viable reserves are being depleted much faster than new ones are generated.
Answer:
B.
Fossil Fuel
Explanation:
Energy resources
Energy (such as ethanol), hydropower, geothermal power, wind energy, and solar energy. Biomass refers to organic material from plants or animals. This includes wood, sewage, and ethanol (which comes from corn or other plants).
Fossil Fuel
Energy sources, including oil, coal, and natural gas, are non-renewable resources that formed when prehistoric plants and animals died and were gradually buried by layers of rock. Over the past 20 years, nearly three-fourths of human-caused emissions came from the burning of fossil fuels.
Natural gas
It's considered renewable because of how easy it is to make, especially compared to nonrenewable energy sources like fossil fuels. As long as you have livestock matter or landfill materials, you can make more biomethane.
Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:
What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?
The purpose of this research is to examine the service proficiency of OEI and suggest suitable staffing levels for accommodating a growing clientele of 20 and 30.
1. Arrival Rate for Each Customer: 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.
What is the managerial report1. Arrival Rate for Each Customer: 1.25 customers per hour.
Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:10 customers / 8 hours
= 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:1 customer / 3 hours
= 1/3 customers per hour.
3. Travel Time and Waiting Time:
OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.Learn more about managerial report from
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Sun Coast Tours is considering purchasing a new boat for use in its tour business. Relevant information concerning the boat is as follows: (Ignore income taxes.)
Purchase cost $ 250,000
Annual net cash inflows that will be provided by the boat $ 57,000
Life of the boat 10 years
Required:
1-a. Compute the payback period for the boat. (Round your answer to 1 decimal place.)
1-b. If the company rejects all proposals with a payback period of more than five years, will the boat be purchased?
multiple choice 1
Yes
No
2-a. Compute the simple rate of return on the boat. Use straight-line depreciation based on the boat's useful life, assuming $10,000 salvage value. (Round your answer to 1 decimal place.)
1-a. Payback period = Initial cost / Annual net cash inflows
= $250,000 / $57,000
= 4.396 years (rounded to 1 decimal place)
1-b. The company would purchase the boat
How do we do the computation of values?1-a. To compute the payback period for the boat, we need to determine how long it will take for the boat to generate enough cash inflows to recover its initial cost. The payback period is calculated by dividing the initial cost by the annual net cash inflows.
Payback period = Initial cost / Annual net cash inflows
= $250,000 / $57,000
= 4.396 years (rounded to 1 decimal place)
1-b. Since the payback period is less than five years, the company would purchase the boat.
2-a. To compute the simple rate of return, we need to find the annual net income generated by the boat, and divide that by the initial cost. The annual net income is the annual net cash inflows minus the annual depreciation expense.
Straight-line depreciation = (Initial cost - Salvage value) / Life of asset
= ($250,000 - $10,000) / 10 years
= $24,000 per year
Annual net income = Annual net cash inflows - Annual depreciation expense
= $57,000 - $24,000
= $33,000
Simple rate of return = Annual net income / Initial cost
= $33,000 / $250,000
= 0.132 or 13.2% (rounded to 1 decimal place)
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Question 16 of 20
The supply of a good available in a market is likely to decrease when:
A companies believe that the product's selling price will go up.
B. new regulations increase the cost of making the product.
оооо
C. the number of workers able to make the product increases.
D. new technology makes producing the product cheaper.
SUBMIT
When there is a decrease in the supply of a good, the cause is that B. new regulations ...
A decrease in supply does not occur when:
Companies are sure of increased prices.There is an increase in the number of workers.The product becomes cheaper as a result of new technology.Thus, a decrease in supply occurs when B. new regulations ...
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Select the correct answer.
Diversity awareness is the ability to understand and respect other cultures. Which interpersonal skill might be affected by a lack of diversity
awareness?
ОА
teamwork
OB
time management
OC goal-setting
OD self-representation
Answer:
Teamwork
Explanation:
Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company’s discount rate is 16%. The project would provide net operating income in each of five years as follows:
Sales $ 2,863,000
Variable expenses 1,014,000
Contribution margin 1,849,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs $ 781,000
Depreciation 583,000
Total fixed expenses 1,364,000
Net operating income $ 485,000
15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project’s actual simple rate of return? (Round your answer to 2 decimal places.)
Answer:
The initial investment is $2,915,000. The annual net operating income is $485,000. The project's simple rate of return is the annual net operating income divided by the initial investment.
The variable expense ratio is 45%, which means that the variable expenses are $2,863,000 x 45% = $1,288,350.
The contribution margin is $2,863,000 - $1,288,350 = $1,574,650.
The fixed expenses are $781,000 + $583,000 = $1,364,000.
The net operating income is $1,574,650 - $1,364,000 = $210,650.
The simple rate of return is $210,650 / $2,915,000 = 7.22%.
Therefore, the project's actual simple rate of return is 7.22%.
Suppose that a Spotify Premium subscriber downloaded a playlist to their phone but never listened to the songs. They then cancelled their subscription and were disappointed to find out that their songs were no longer available on their phone. The fact that the consumer could only listen to those songs when actively subscribed to the service demonstrates which characteristic that distinguishes products from goods
The fact that consumers can only listen to these songs when they have actively subscribed to the Spotify service demonstrates the perishability characteristic that differentiates products from goods.
The services have the following characteristics:
IntangibilityInseparabilityVariabilityPerishabilitySince perishability is a characteristic that guarantees that services cannot be stocked, that is, if they are not used, they cease to exist.
Therefore, when canceling the subscription to the music streaming service, users were no longer able to have the songs downloaded on their phone available, demonstrating the perishability characteristic of the services.
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What are real life situations of marketing concepts, as well as a definition.
Answer:
Marketing is the system of researching a market, offering value and satisfying the customer with a profit objective.
This discipline, also called marketing, is responsible for studying the behavior of markets and the needs of consumers. Analyzes the commercial management of companies in order to attract, attract, retain and retain end customers by satisfying their wishes and solving their problems.
Although the English and Spanish words are mentioned here, it is true that the use of "marketing" is more widespread today throughout the world.
In this complete content we are going to detail what marketing is, the types and strategies that exist, several examples, the difference between advertising and marketing, the characteristics of a good marketer, which profiles are the most demanded today, how to develop a marketing plan. marketing and you have several learning resources at your disposal
The marketing umbrella is very broad and encompasses all those strategies that help a company, brand or person to achieve their objectives.
Other possible definitions to answer what marketing means are:
"Marketing is a global system of activities related to the commercial world, aimed at planning, setting prices, promoting and distributing products or services that help satisfy the needs of the end customer."
"Marketing is the set of activities that aim to satisfy the consumer through a product or service, with a business benefit in between."
"Marketing is an internal process of companies by which the way to increase and satisfy the demand for products and services that have a commercial purpose is planned in advance, through the creation, promotion and physical or digital distribution of such merchandise or services . "
Explanation:
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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Reconcilling supply and demand has four overlapping activities, indicate these activites
To reconcile supply and demand, there are four overlapping activities. The four overlapping activities that help reconcile supply and demand are as follows:
Activity 1: Forecasting - The first step is forecasting, which entails predicting demand for goods and services. It is a quantitative process that includes data gathering, data cleansing, and mathematical modelling.
Activity 2: Planning - Planning is the second step. Planning involves identifying the resources needed to meet the anticipated demand, as well as allocating the available resources efficiently.
Activity 3: Execution - Execution is the third step. Execution entails efficiently managing the flow of goods and services from suppliers to customers, ensuring that the appropriate product and service is provided at the correct location, and ensuring that demand is satisfied.
Activity 4: Monitoring - Finally, the process includes monitoring the performance of the activities and the supply chain as a whole. It entails comparing actual performance to expected performance and identifying areas for improvement.
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2. The demographics of your target market are likely to
over the course of
years
Your target market's demographics are likely to change over time. See why below.
What exactly is demographics?Marketing demographics are factors that are used to categorize and segment a market, such as age, geographic location, education level, occupation, income, and so on. Marketing demographics make use of publicly available data.
Demography is the statistical study of human populations. Demographers use census data, surveys, and statistical models to assess population size, migration, and structure.
Demographic characteristics can be easily identified. A few examples are age, gender, family circumstances, education level, income, occupation, and race.
As a result, these characteristics evolve throughout time.
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which of the following divisions would you invest in heavily? cargo inspection freight forwarding railroad loading shipping
I would like to invest in freight forwarding. As it is assured that many different products and goods can be delivered to almost any area with minimal effort on your part.
For businesses of all sizes, freight forwarding is now far more effective and economical. Additionally, freight forwarders will take care of all the necessary paperwork for both domestic and international shipping. Lack of correct documentation could cause protracted delays since the goods might be stuck in customs or the bank might not release the money if the identity is missing. To facilitate a seamless transaction, all shipping and export documentation will be created by a professional. A freight forwarder is aware of all the necessary details and how to deal with any unforeseen problems that may develop.
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