Operational excellence is not a complete strategy due to factors such as the requirement of a strong management team. Option a is correct answer.
Operational excellence, although important, is not a complete strategy on its own because of several reasons. Firstly, it requires a strong management team to effectively implement and sustain operational improvements. Without competent leadership, operational excellence initiatives may lack direction and fail to deliver the desired outcomes.
Secondly, operations are inherently prone to errors and disruptions. Even with operational excellence practices in place, unforeseen issues can arise, affecting productivity, quality, and customer satisfaction. Operational excellence alone may not adequately address these potential challenges.
Moreover, operational excellence can be readily duplicated by competitors. As operational practices and techniques become known and standardized, other firms can replicate them, reducing any competitive advantage gained through operational excellence.
Lastly, maintaining operational excellence can be expensive. Investments in technology, training, process improvement, and infrastructure can be significant and ongoing. This cost factor makes it challenging for organizations to sustain operational excellence as a standalone strategy without complementary strategies focused on innovation, differentiation, or customer-centric approaches.
To achieve long-term success, organizations need to consider a holistic approach that combines operational excellence with other strategic elements, such as innovation, customer focus, and differentiation, to create a comprehensive and robust business strategy.
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Fine print contains what? A. Only stuff lawyers require B. A bunch of useless info C. Clear language designed to be easy to read D. Virtually all of the important info in an agreement. Which is it?
Answer:
D
Explanation:
A fine print is a term that refers to the business usage of the terms and the conditions.
Have important information regarding the company or the documents that are placed in the footnotes and they are essential for entering into an agreement.Hence the option D is correct.
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What are wholesalers
Answer:
Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.
Hope this help :)
Answer:
Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.
Explanation:
Examples; Costco Wholesale & Sam's Club
Which ownership is this "You are considering purchasing a business that is for sale in your hometown. This is your opportunity of becoming a business owner by purchasing an existing business. Mr. Jacobs, the present owner, wishes to retire so he is looking for someone to purchase his business including the inventory and shop. After some market research and auditing his books, you decide to purchase the business."
Answer:
Business Ownership
This is purely a Sole Proprietorship type of business ownership.
Explanation:
Some of the characteristics of a sole proprietor business are indicated in the scenario. The former business is owned by Mr. Jacobs, according to the scenario, "the present owner." Mr. Jacobs is desires of retiring and selling off his shop. What are the assets of the business? They mainly consist of Inventory of merchandise and the shop itself, which may be rented. This is the basic form of business ownership globally. Some sole proprietor businesses grow to become conglomerates while others remain one-shop businesses, like Mr. Jacobs'. Perhaps, the second owner may do better and take the business to the next stage.
Demand oriented pricing approaches weigh which factors most heavily?
Demand oriented pricing approaches weigh the level of customer demand, price sensitivity, competitor pricing, market conditions, and product differentiation most heavily when determining the optimal price for a product or service.
Demand-oriented pricing approaches are pricing strategies that are based on the level of demand for a product or service. These approaches aim to set prices at a level that will maximize revenue and profits by matching prices with customer demand. Some common demand-oriented pricing approaches include:
1. Skimming pricing: This approach involves setting high prices initially for a new product or service when it is introduced into the market.
2. Penetration pricing: This approach involves setting low prices initially to attract customers and gain market share.
3. Premium pricing: This approach involves setting a higher price than competitors for a product or service that is perceived to have a higher value or quality.
These approaches aim to set prices based on what consumers are willing to pay rather than focusing solely on production costs or profit margins. By understanding the market and consumer behavior, businesses can set prices that are attractive to customers while still generating revenue and staying competitive.
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PLEASE HELP MEEEE PLEASE!!!!!!!!!!!!!!!!!
Which of these describes an aspect of a product benefit?
Answer Choices:
A. Appeal to our senses
B. The advantages of product features
C. Relate to the quality of the merchandise
D. Physical in nature
Answer:
B or C, probably B
Explanation:
There are two basic kinds of credit cards. The typical credit card is based on a/an [ Select ] that is set by [ Select ] , and it is linked to your [ Select ] or personal request. The second kind of credit card is a [ Select ] and it is more like a [ Select ] because it is directly tied to a checking or savings account. All limits for this card are based on your [ Select ] instead of an approved limit.
Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit.
What type of credit is a credit card an example of?A credit card generally operates as a substitute for cash or a check and most often provides an unsecured revolving line of credit. The borrower is required to pay at least part of the card's outstanding balance each billing cycle, depending on the terms as set forth in the cardholder agreement.credit limitthe sponsoring financial institutioncredit ratingsecured carddebit cardaccount balanceA financial sponsor is a private-equity investment firm, particularly a private equity firm that engages in leveraged buyout transactions.A credit rating is a quantified assessment of the creditworthiness of a borrower in general terms or with respect to a financial obligation. Unlike a prepaid card, a secured card is an actual credit card that reports to the three major credit bureaus—providing the opportunity to build your credit, with responsible use.When you open a checking account at a bank or credit union, you usually get a debit card. A debit card lets you spend money from your checking account without writing a check. When you pay with a debit card, the money comes out of your checking account immediately.An account balance represents the available funds, or current account value, of a particular financial account, such as a checking, savings, or investment account.
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Which statement most accurately describes a conflict of commitment? It involves a monetary gain by one party over another party. It occurs when outside activities interfere with one’s responsibilities to an employer. It occurs when an institution does not follow the financial rules from a funding source. It can only occur between an institution and an outside organization.
Answer:
It occurs when outside activities interfere with one's responsibilities to an employer
Explanation:
Conflict of commitment occurs when the commitment of an employer to a defined terms of employment is shared with other engagements, either personal or with other parties which could lead to a decline in efficiency due to loss of maximum concentration.
This may not necessarily involve monetary gain but has a whole lot of ways through which it can affect productivity as concentration is shared.
It is always good to define activities that constitute conflict of commitment right from the time of forming an employment contract so that an employee can be guided with it.
Differentiate the Single and Double Entry Book-Keeping in your own words. Furthermore, briefly explain the objectives of Double Entry Book-Keeping.
Answer:
See below
Explanation:
A single entry book keeping is when a cash book is being maintained to record income and expenses. In a single entry book keeping, only one entry is made per transaction like we have in check register.
Double entry book keeping is when an accounting entries have two sides, debit and credit leg. The right hand side is the debit while the left side is the credit.
Objectives of double entry book keeping
• To provide accurate recording of business transactions to management
• When there are problems in financial matters, book keeping assist in solving this problems through its systematic record of financial transactions .
• Book keeping also provide information to the management for making plans and decisions relating to finances.
It is sometimes necessary for a _________________ economy to live with a degree of uncertainty over _______________ that would be politically unacceptable in the high-income economies. developing; unemployment converging; inflation disconnected; fundamentals of growth converging; trade imbalances
Answer:
converging; inflation
It is sometimes necessary for a converging economy to live with a degree of uncertainty over inflation that would be politically unacceptable in the high-income economies.
what was the benefit of the agricultural adjustment administration limiting
The Agricultural Adjustment Administration (AAA) was part of the New Deal that was enacted to help farmers during the Great Depression. The AAA sought to limit crop production in order to increase prices and raise income for farmers.
What do you know about Adjustment Administration (AAA) ?
Adjustment Administration (AAA) is a government program that provides relief to distressed communities by providing financial assistance for job creation and economic development. The program is funded through the U.S. Department of Commerce and is administered by the Economic Development Administration. The program provides targeted investments for communities suffering from economic distress to help them create jobs, attract businesses and investments, and expand economic opportunity. This was beneficial because it ensured that farmers were able to earn a living wage for their work, and prevented overproduction of crops that would have resulted in oversupply and low prices.
So, The AAA sought to limit crop production in order to increase prices and raise income for farmers.
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what should you ask the ceo’s personal assistant?
If you meet with the CEO's personal assistant, you should ask questions that will help you understand the CEO's responsibilities, goals, and objectives. Specifically, you can ask about the CEO's current areas of focus, the types of projects the CEO is working on, and the amount of time the CEO spends on each project.
In addition, you can ask the personal assistant how the CEO wants to be contacted and what is the best way to arrange a meeting with the CEO. Finally, you can ask about the CEO's daily schedule and how a personal assistant can help you navigate it. By asking the right questions, you can better understand the role of the CEO and how best to communicate with them.
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As women's wages have risen relative to men's wages, the opportunity cost to women of doing housework has ________ than has the opportunity cost to men
As women's wages have risen relative to men's wages, the opportunity cost to women of doing housework has increase over has the chance cost to men.
Opportunity costs represent the potential benefits that a private, investor, or business misses out on when choosing one alternative over another. cost is that the forgone benefit that will are derived from an option not chosen. To properly evaluate opportunity costs, the prices and benefits of each option available must be considered and weighed against the others. Considering the worth of an opportunity costs can guide the individuals and organizations to be more profitable in decision-making. Cost could be a strictly internal cost which is used for strategic contemplation; it's not included in accounting profit and is excluded from external financial reporting.
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Select the correct answer.
Ahmed has been running a laundry service in his neighborhood for the past eight years. He picks up soiled clothes and delivers washed and ironed clothes at the customers’ doorsteps. A transporter who offers to pick and deliver customer clothes at a cheaper rate than his current transporter approaches him for a business deal. What do you think Ahmed should do in such a case?
A.
immediately discontinue services of the current transport person
B.
continue the services of the current transport person forever
C.
delay the payments of the current transport person so that he willingly discontinues his services
D.
wait until the contract with the current transport person ends before using the new transport person
Answer:
D) wait until the contract has ended
Suppose an economic boom causes incomes to increase and, at the same time, drives up wages for the sales representatives who work for cell phone companies. this will cause the:_________
Consider a scenario in which an economic boom raises earnings while also raising the pay of sales agents who work for mobile phone firms. The price of cell phones will increase as a result, but it is unknown how much will change in the equilibrium quantity, which will depend on whether the shift in supply is greater or lower than the movement in demand.
If a good is a typical good, then a rise in income will cause a economic boom rise in demand. Here, income is rising due to the economic growth, and as smartphones are considered to be standard goods, this gain in money will lead to an increase in demand, which will cause the demand for smartphones to move to the right.
Additionally, it is assumed that the wages of employees at smart phone companies will economic boom rise. Since these employees are a factor in the production of smart phones, the rise in the cost of this factor of production (i.e., wages) will lead to a decrease in supply because the total cost and marginal cost will rise. As a result, they will supply less than before at all price levels, which will cause supply to fall and shift to the left.
Hence Demand for smartphones rises and shifts to the right, while supply of economic boom rises and shifts to the left. This will cause the equilibrium price to rise, and the equilibrium price will follow.
Equilibrium quantity will rise if rightward shift in demand curve is greater than leftward shift in supply curve, fall if rightward shift in demand curve is smaller than leftward shift in supply curve, and remain unchanged if rightward shift in demand curve is equal to leftward shift in supply economic boom curve.
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Provides a means to clearly show economic relationships in two-dimensional space. Economic analysis is often concerned with two variables confined to the upper-right (northeast) quadrant of the coordinate number system.
Answer:
Graphs
Explanation:
A graph is a pictorial representation that shows a relationship between two or more variables. In the context of economics, it represents the clearly relationship in two-dimensional space. Also the economic analysis would be concerned with respect to the two variables.
Therefore as per the given situation, the graph should be the answer
Hence, the same is to be considered
A graph is a representation of a relationship between two or more variables in a visual format. It illustrates the clear relationship in two-dimensional coordinate numbers in the context of economics.
What is the coordinate number?
In a complex or coordination compound or a crystal, the coordination number, also known as Ligacy, is the number of atoms, ions, or molecules that a central atom or ion has as its nearest neighbors.
Thus, graphic representation shows the relationships between variables.
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At the beginning of the day, stock XYZ opened at $4.25. At the
end of the day, it closed at $5.25. What is the rate of change
of stock XYZ?
Answer:
23.53 %
Explanation:
The rate of change would be actual change/ original cost x 100
The actual change
= $5.25 - $4.25
=$1
The rate of change
=$1/$4.25 x 100
=0.2353 x 100
=23.53 %
Consider the following partially completed two-way ANOVA table. Suppose there are six levels of Factor A and four levels of Factor B. The number of replications per cell is 6. Use the 0.05 significance level. (Hint: Estimate the values from the Ftable.) a. Complete an ANOVA table. (Round MS and Fto 2 decimal places.) ANOVA Source SS df MS F Factor A 80 Factor B 60 Interaction 210 Error 400 Total 750 b. Find the critical values to test for equal means. (Round your answers to 2 decimal places.) Critical values to test for equal means are Factor A Factor B and Interaction respectively. c. Determine if there is a significant difference in Factor A means, Factor B means. There is in Factor A and there is in Factor B means. d. Determine if there is a significant difference in interaction means. There is
There is a significant difference in the factor a means.
a. completed anova table:
anova source | ss | df | ms | f------------------------------------------------
factor a | 80 | 5 | 16 | 2.67factor b | 60 | 3 | 20 | 3.33
interaction | 210 | 15 | 14 | 2.33error | 400 | 72 | 5.56 |
total | 750 | 95 | |
b. critical values to test for equal means:
the critical value for factor a: f(5, 72) = 2.35the critical value for factor b: f(3, 72) = 2.85
the critical value for interaction: f(15, 72) = 1.98
c. significance of difference in factor a means and factor b means:
for factor a means, the calculated f-value (2.67) is greater than the critical value (2.35) at the 0.05 significance level. for factor b means, the calculated f-value (3.33) is greater than the critical value (2.85) at the 0.05 significance level.
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1. what public policy approach would be most reasonable to protect consumers from harmful products? should governments regulate the sale of high-sugar and high-fat food and beverages? how might market and economic forces play a role in protecting consumers?
The most reasonable public policy approach to protect consumers from harmful products would be a combination of regulatory measures and market-driven solutions. Governments should regulate the sale of high-sugar and high-fat food and beverages to ensure that consumers are not exposed to products that can harm their health.
This could involve measures such as mandatory labeling, restrictions on advertising and marketing, and taxes on unhealthy products. Market and economic forces can also play a role in protecting consumers. For example, consumer demand for healthy products can encourage businesses to develop and market healthier options. Additionally, competition between companies can lead to improvements in product quality and safety as businesses strive to meet consumer needs and preferences. Ultimately, a comprehensive approach that combines regulation, consumer education, and market-driven solutions is likely to be most effective in protecting consumers from harmful products. By working together, governments, businesses, and consumers can create a healthier and safer marketplace for all.
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The most reasonable public policy approach to protect consumers from harmful products is to have a combination of government regulation and consumer education.
Government regulation can ensure that products meet certain safety standards and prevent the sale of harmful products. In the case of high-sugar and high-fat food and beverages, governments could require labeling that clearly shows the amount of sugar and fat in each product, and also limit the amount of sugar and fat allowed in these products.
However, market and economic forces also play a role in protecting consumers. Companies that produce harmful products can face negative consequences such as decreased sales and damaged reputation. In response to consumer demand for healthier options, many companies have started producing lower-sugar and lower-fat products.
Consumer education is also important in protecting consumers. By educating consumers on how to read labels and make informed decisions, they can better protect themselves from harmful products.
In conclusion, the most effective way to protect consumers from harmful products is to have a combination of government regulation, market and economic forces, and consumer education.
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how long does it take for tax refund to show in bank account after approved
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
If a document reaches you, and requires you to perform some action, you should do it immediately if
a. It is from your mother or father
b. It seems important but not urgent
It will take less than two minutes to complete
d. The language in the document is polite
C.
Please select the best answer from the choices provided
Answer:
C
Explanation:
following info were supplied to you
a Cheque deposited in total of 10000
only to the extent of 4000.
required:bank bank reconciliation statement
Please help
Answer:
sorry I can't ans kygsstfzlfzlsrztlukyzkly
Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff". Billy works pretty hard at landscaping jobs. He's only in the 8th grade, but has goals to get a car, go to college and buy a big house. What advise do you have for him?
Answer: See explanation
Explanation:
Based on the information given in the question, the advise for Billy is that he should save his money rather than purchasing things that are useless.
He has goals to get a car, go to college and buy a big house but he's rather spending on useless stuff. This will make his goals harder to achieve but saving the money for future purpose is essential to achieve his dreams and meet other demands.
If a brick-and-mortar retailer were to use FBA, what business processes would it not need to develop? What costs would it save?If a brick-and-mortar retailer were to use FBA, what information systems would it not need to develop? What costs would it save?If a brick-and-mortar retailer were to use FBA, how would it integrate its information systems with Amazon’s?
When a brick-and-mortar retailer uses FBA, there are certain business processes and information systems that it does not have to develop.
By using FBA, what business processes would a brick-and-mortar retailer not need to develop?
When a brick-and-mortar retailer uses FBA, there are several business processes it does not have to develop. By using FBA, a brick-and-mortar retailer may not need to develop its inventory management and warehousing procedures. Amazon FBA takes care of this, allowing the retailer to focus on sales and other business operations.
A brick-and-mortar retailer can also save a significant amount of money by using FBA. Since Amazon will handle the order fulfillment and shipment, the retailer will save the cost of building a warehouse and hiring employees to manage it. They will also save on shipping costs since Amazon has an established network that can deliver products efficiently and cost-effectively.
In terms of the information systems, a brick-and-mortar retailer can save money by not developing an order management and inventory tracking system. This is because Amazon FBA has an order management system that can handle this task. Amazon's system provides merchants with a clear view of their inventory levels and sales performance, enabling them to make data-driven decisions about their business.
Lastly, a brick-and-mortar retailer can integrate its information systems with Amazon's using the following steps:
Step 1: Choose an Amazon Marketplace to joinStep 2: Register to become a sellerStep 3: Start listing productsStep 4: Download and Install Amazon’s Inventory LoaderStep 5: Create your shipment planStep 6: Prepare your productsStep 7: Send your products to Amazon's fulfillment centerStep 8: Receive orders and manage your inventoryStep 9: Track your performance, respond to customer inquiries, and fulfill orders.See more about retailer in:
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Landscapers must be
knowledgable of which of the
following?
A. Pesticides
B. Economics
C. Human Relations
D. Crop Rotation
Answer:
B
Explanation:
because they need to deal with all practices that are done by people on environment
Answer:
C
Explanation:
Landscapers need to know human relations because if they want to get something to do for their job, marketing and having an asset is important for the business, if you don't know anyone that needs help, it wouldn't be very good for your business.
Have an awesome day!! I hope this helped!! ^ ^
A traveler wanted to know if the prices of hotels are different in the ten cities that he visits most often. The list of the cities with corresponding hotel prices for his two favorite hotel chains is (here). Test at the 1% level of significance.
Cities Hyatt Regency in dollars Hilton in dollars
Atlanta 107 169
Boston 358 289
Chicago 209 299
Dallas 209 198
Denver 167 169
Indianapolis 179 214
Los Angeles 179 169
NYC 625 459
Phila 179 159
D.C. 245 239
To determine if there are significant price differences between the two hotel chains in the traveler's ten most visited cities, a statistical hypothesis test can be conducted at the 1% level of significance.
The null hypothesis (H₀) assumes that there is no difference in prices between the hotel chains, while the alternative hypothesis (H₁) suggests that there is a significant difference. The test compares the mean prices of the two hotel chains using either a paired t-test or a Wilcoxon signed-rank test, depending on the distribution of the data. By calculating the test statistic and comparing it to the critical value or p-value, a conclusion can be drawn regarding the price differences.
To test if there are significant price differences between the Hyatt Regency and Hilton hotel chains in the traveler's most visited cities, we can perform a statistical hypothesis test.
The null hypothesis (H₀) assumes that there is no difference in prices between the two hotel chains, while the alternative hypothesis (H₁) suggests that there is a significant difference.
We can compare the mean prices of the two hotel chains in each city using either a paired t-test or a Wilcoxon signed-rank test, depending on the distribution of the data. The paired t-test assumes normality and calculates the t-statistic, whereas the Wilcoxon signed-rank test is a non-parametric test that ranks the price differences.
Performing the appropriate test for each city, we can calculate the test statistic and compare it to the critical value or p-value associated with the 1% level of significance. If the test statistic exceeds the critical value or the p-value is less than 0.01, we reject the null hypothesis and conclude that there are significant price differences between the hotel chains in that city. Otherwise, we fail to reject the null hypothesis.
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Place the items that appear on a balance sheet in the order in which they must appear, starting with the first at the top. 1. current assets. 2. fixed assets. 3. intangible assets. 4. current liabilities. 5. long-term liabilities. 6. owners equity
The balance sheet is organized in this order to show the liquidity of the company's assets and the maturity of its liabilities. Current assets and current liabilities are listed first. Followed by fixed assets, intangible assets, long-term liabilities, and owners equity.
The correct order of items on a balance sheet is as follows:
1. Current assets: These are assets that can be converted into cash within a year, such as cash, accounts receivable, and inventory.
2. Fixed assets: These are assets that are not easily converted into cash, such as property, plant, and equipment.
3. Intangible assets: These are assets that do not have a physical form, such as patents, trademarks, and goodwill.
4. Current liabilities: These are debts that are due within a year, such as accounts payable and short-term loans.
5. Long-term liabilities: These are debts that are due more than a year from the balance sheet date, such as mortgages and bonds.
6. Owners equity: This is the difference between the value of the assets and the value of the liabilities, and represents the owners' investment in the company.
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the manager at creative minds inc. is distressed that employee absenteeism increased by 16% in the past year. how would you recommend the manager respond to this inside force?
I will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.
Today, the artificial intelligence is a modern technology which performs the function of employees more efficiently and effectively.
The artificial intelligence such as software package that perform a work process automatically does not makes mistakes and does not appear absent as place of work.
Therefore, i will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.
The option includes "a. Evaluate the HR practices to ensure they are generating the behaviors needed to accomplish strategic goals. b. Identify the frequently absent employees, and replace them with artificial intelligence c. Remind employees about how Creative Minds is genuinely connected to supporting youth art programs. d. Demonstrate how the firm is committed to simultaneously tackling global social issues and maximizing shareholder wealth."
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Answer:
Identify the frequently absent employees, and replace them with artificial intelligence.
Explanation:
On March 1, Walker Company paid $13,200 for two years of insurance in advance. Walker debited Prepaid Insurance. If the appropriate adjusting entry is not made at the end of the year, what will be the effect on:
(a) Income statement accounts (overstated, understated, or no effect)?
(b) Net income (overstated, understated, or no effect)?
(c) Balance sheet accounts (overstated, understated, or no effect)?
When Walker Company paid $13,200 for two years of insurance in advance and debited Prepaid Insurance, it created an asset on the balance sheet called Prepaid Insurance.
(a) Income statement accounts: No effect.
(b) Net income: Overstated.
(c)Balance sheet accounts: Overstated
Since the adjusting entry was not made, the income statement accounts will not be affected. The expense related to the expired insurance will not be recognized, resulting in an understatement of expenses.
Net income is calculated by subtracting expenses from revenues. As the expense related to the expired insurance is not recognized, the net income will be overstated. This means that the company's reported profit will be higher than it actually is.
The Prepaid Insurance account will remain overstated because the adjusting entry to decrease it was not made. This means that the asset side of the balance sheet will be inflated, leading to an overstatement of the company's total assets.
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If I buy 40 shares of Visa stock at a price of $149.58 per share and
the price goes up by $0.47 in one day, what is the percent gain?
Answer:
use cash
Explanation:
its less confusing.
a ________ refers to the market toward which a retailer will direct its efforts.
A "target market" refers to the market toward which a retailer will direct its efforts.
A target market is a specific group of consumers that a retailer identifies as the most likely to be interested in their products or services. The retailer will then focus their marketing efforts and strategies towards this target market in order to increase sales and profits.
The target market can be determined by various factors such as demographics (age, gender, income, education), psychographics (personality, lifestyle, values), or behavior (shopping habits, brand loyalty).
By understanding the needs and preferences of their target market, retailers can develop products and marketing campaigns that are more effective in reaching and engaging their desired audience.
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