Answer: Reducing employee benefits
Explanation:
When a new employee is added to the company, it is best to give them and orientation as well as to encourage other employees who have been there longer to talk to them. This can be beneficial to the employee because it will help them settle into the job faster, thus giving them more confidence to be able to overcome the stress an anxiety that may come with starting a new job.
It is also beneficial to the company as the employee will learn skills needed to survive in the job. This will reduce wastage that may accrue due to a lack of knowledge on the part of the employee of job procedure.
With the above two contributing to making the employee feel more comfortable as well as able to do their jobs, employees will have less reason to leave the job thereby reducing employee turnover.
Orientation and Socialization will not reduce employee benefits and so it is not a major purpose of the activity.
Bratton corporation had 8200 units of work in process on April 1. During April , 22300 units were completed and as of April 30 6040 units remained in production. How many many units were started during April?
Answer:
20,140 units
Explanation:
The number of units started will be the units completed in April plus the ending inventory minus the opening work in progress.
Units started = completed unit + ending inventory - beginning inventory.
Units started = 22,300 + 6,040 -8,200
units started = 28,340 - 8200
units started =20,140
Advantages and disadvantages of transport sector
Road transportation has various benefits, including lower costs, shorter travel times, more adaptable load capacities, improved fuel economy, and environmental friendliness. On the other side, there are drawbacks as well, like traffic jams and safety worries.
What is a transport sector?A group of businesses together referred to as the transportation industry build and maintain infrastructure for transportation as well as services to move people and products. According to the Global Industry Classification Standard, technically, transportation is a subgroup of the industrials sector (GICS). The deliberate transfer of people, animals, and objects from one location to another is known as transport or transportation. In addition to land and water, cable, pipeline, and space are also modes of transportation. Infrastructure, transportation, and operations make up this field. Transportation industries include businesses engaged in trucking, rail, water, and other modes of commercial transportation for hire.The impact of transportation on employment and growth is significant in the economy and society of today.To learn more about transport sector, refer to:
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When an alphabetic arrangement is converted to a consecutively numbered arrangement, where will the
general folders in the alphabetic file be located in the numeric storage arrangement? Will records in there
folders be coded with a number? Why or why not?
1. The general A to Z folders will be the location of the alphabetical records storage.
2. The records in the folder will be coded with a letter. It won't be coded with a number. This is important for easier access.
How to illustrate the information?Sequential numbering is a method of arranging sequential numbering records in ascending order from the lowest to the greatest number. The consecutive numbering technique includes the numbered files, alphabetic index, and accession log.
The universal A to Z folders will become the common alphabetical file in front of the numerical storage arrangement in alphabetical records storage.
Until there are enough documents to warrant a separate numbered folder, the records in the folders will be coded with the letter G. During this time, the records will be coded with their respective file codes, arranged into numbered folders, and filed in the numerical component of the file.
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Discuss how you will use the "8-Step process
to critical thinking" in your personal and
professional life. Provide examples to
support your answers
I will use the "8-Step process to critical thinking" in my personal and professional life in many ways.
What is the "8-Step process to critical thinking"?The "8-Step process to critical thinking" includes the following categories:
ReflectionAnalysisInformation AcquisitionCreativityStructuring argumentsDecision makingCommitmentDebate.The 8-step process involves a process of identifying, observing, describing, questioning, researching, establishing, responding, and sharing knowledge to achieve life improvements.
In my personal and professional life, I need to seek knowledge, information, and understanding to enhance the application of concepts and innovations to living and work.
After acquiring the required information, I will carry out a critical analysis and synthesis before taking action. Results obtained from my actions must be reflected upon to provide guidance for future activities.
Thus, the "8-Step process to critical thinking" will remain useful in my personal and professional life.
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Which of the following survey response methods is the most difficult for researchers to code for evaluation:
Answer:
No options are given, but the most commonly used survey response methods are:
Multiple choice questions = generally easy to codeRating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult eitherDropdown questions. = similar to multiple choice questionsOpen-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.Demographic questions = similar to multiple choiceRanking questions = similar to scaled questionsYou make $13.00 Per Hour. You work 40 hrs. a week for 5 weeks this month. Total Hrs. Worked = _____
What is your monthly income? ____
Answer:
assuming that this month was extraordinarily long, and had more days than any other month in history, you worked a total of 5 x 40 = 200 hours
Also, due to length of the month, you will earn 200 hours x $13 = $2,600
Generally months tend to have between 20-23 labor days
A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,832 representing a loss of $3,248. Determine the amount that would appear in the operating activities section of the statement of cash flows based on this transaction.
In the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income.
In the indirect method of preparing the statement of cash flows, the operating activities section includes adjustments to net income for non-cash items and changes in working capital. The sale of a fixed asset and the loss incurred from it are both non-cash items that need to be considered.
Since the loss from the sale of the fixed asset is $3,248, this loss is added back to the net income when calculating the operating activities section. This is because the loss is a non-cash expense and does not represent an actual outflow of cash.
Therefore, in the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income. This adjustment would increase the net income by $3,248 in the operating activities section, reflecting that the loss from the sale of the fixed asset does not affect the cash generated or used by the operating activities of the corporation.
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what is another factor that would be good to consider before choosing a career cluster?
Answer: whether that career cluster is needed in the local economy
Explanation: i took the quiz and got a 10/10!
Answer: whether that career cluster is needed in the local economy
Explanation: if there would be one answer it would be this one.
government spending influences the economy by
a) determining which government programs get the most funding
b) deciding on the prices for goods available to consumers
c) influencing the brands of products the country is allowed to produce
d) setting the salaries for employees in all private industries
Answer:
i say c
Explanation:
what are the two aspects of the evaluation process in Step 5 for Taking Marketing Action? Why is this important
The two aspects of the evaluation process in Step 5 for Taking Marketing Action are:
Implementation and control. They ensure that the entrepreneur is following through on his plans.What are the required steps?The required steps for taking marketing action are: stating a mission, analyzing the situation in question, drawing a plan, stating the marketing mix, and then implementing and establishing controls.
The last two steps are important because they help to ensure that the drawn plans are followed to the teeth. They also help the entrepreneur to remain on track while trying to establish a workable structure.
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in preparation of standard cost we consider what situation macroeconomics or microeconomics???
When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.
It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.
The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.
Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.
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guns has decided to organixe
Answer:
why wont people stop thinking about guns and help your community out let god get into your hangs its not about guns its about communication helping love this outside world is to enjoy the whole world
A sales manager at a consumer durable goods manufacturing firm instructs his new salesperson, Rita, that she must identify ten potential customers and sell five flat screen televisions per week. This directive from the sales manager is referred to as Rita's _____.
Rita's Quota is the name of the sales manager's instruction.
Define Sales Quota.A sales quote gives a potential customer the ability to calculate the expenses of the desired service. Many businesses provide services that are difficult to estimate up front due to fluctuating costs.
A sales quota is the financial goal that individual sellers and teams must achieve by the end of a specific time period, usually one month or one quarter. When quotas are met, the salesperson often receives a performance bonus from the sales management. The producers of a good in a domestic economy are eventually helped and protected by quotas, even if consumers end up paying more if domestically produced goods are more expensive than imports.
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Why consumer is important in economy?; How is the economy affected by wise consumers?; How does consumer demand affect a company's ability to make profit?; What is the consumer demand?
A survey reveals that, on a small island, 175 people have jobs, 25 people are not working but are looking for jobs, and 90 people are neither working nor looking for work. The unemployment rate on the island is:____.
Answer:
The answer is = 12.5%
Explanation:
The 175 people that have jobs are in unemployment (employed).
The 25 people that are not working but are looking for jobs are called unemployed.
The 90 people are neither working nor looking for work for work are not counted in the employment.
Therefore, the labor force is employed people + unemployed people.
Labor force is 175 + 25= 200 people.
So, unemployment rate is:
(unemployed people ÷ labor force) x 100
(25÷200) x 100%
=12.5%
7. The banking system and the simple deposit multiplier.
I have finished the following problem. Is it correct?
A banking system is a collection of institutions that provides us with financial services.
What is the meaning of the banking system?
A set of financial organizations known as a banking system offers us financial services. These companies are in charge of managing the financial system, lending money, taking deposits, and offering investment advice.
A payment account with fundamental features, a device for utilizing the account the ability to withdraw cash, the execution of financial transactions, and an electronic means of identification are all included in a basic banking system.
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The number one job a health inspector has is making sure which of the following happens?
Answer:
B. Food being served is safe.
Explanation:
In this case, a health inspector's job is to ensure that equipment are sterilized and that the place is following environmental and health laws.
In the case of creating food, a health inspector's job would be to ensure that the place is processing food correctly, creating food that, when consumed, is not toxic to the human body, and that they follow mandatory governmental guidelines for environmental, societal, and individual health.
~
Why is it difficult to change real capital
Answer:
I don't know
Explanation:
can you help me with my question Enter the coordinates of the point on the unit circle at the given angle. 270° ([?], [ ] Enter
Real capital is defined as tangible resources, such as land, that are used in the creation of goods or services. Since the majority of them are fixed, it is exceedingly challenging to grow to their sizes.
What is economics?The term Economics is the study of scarcity and its inferences for the use of resources, manufacture of goods and services, growth of production and welfare over time, and a great diverseness of other complex issues of vital concern to society.
Economic skillfulness is important because it grants businesses to reduce their costs and change their output. For consumers, economic efficiency leads to lower prices for goods and services
Real capital, often known as real capital (economics) Non-financial capital, such as equipment for manufacturers, sewing machines for tailors, or shovels for gravediggers.
Therefore, By the difficulty, To change the real capital the physical tools that aid in the production of goods or services be there.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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if i put 5000 in the education savings account what percentage will make it double after 12 years?
An annual interest rate of approximately 6.1% might double a $5,000 investment in an education savings account after 12 years.
To decide the percentage that could double a $5,000 investment in an education savings account after 12 years, we will use the compound interest formulation:
\(A = P(1 + r/n)^{(nt)\)
Where:
A = final amount P = primary quantityr = Annual interest fee n = number of times interest is compounded consistent with 12 monthst = number of yearsIn this situation, we have P = $5,000, A = $10,000 (double the preliminary funding), t = 12 years, and we need to find the yearly interest rate (r) that would gain this doubling.
let's anticipate the interest is compounded annually (n = 1):
\(10,000 = 5,000(1 + r/1)^{(1*12)\)
Dividing both sides of the equation via 5,000:
\(2 = (1 + r)^{12\)
Taking the 12th root of each sides:
\(1 + r = 2^{(1/12)\)
Subtracting 1 from both sides:
\(r = 2^{(1/12) - 1\)
Calculating this value gives us about 0.061 or 6.1%.
Consequently, an annual interest rate of approximately 6.1% might double a $5,000 investment in an education savings account after 12 years.
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whats ordinary annuity
Answer:
An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time
Explanation:
I hope this helps :(
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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A) What does it mean for a country to have a negative interest rate? What does it mean for borrowers?
B) Do some research and find countries that currently have a negative interest rate.
C) Why would a central bank lower the interest rate beyond zero?
A) When a country has a negative interest rate, it implies that the central bank, or the monetary authority of the country, has taken a stance that is intended to promote spending and investment.
B) Countries that currently have a negative interest rate are:Switzerland. -0.75 percentEuropean Central Bank (ECB) -0.50 percentDenmark -0.60 percentJapan -0.10 percentSweden -0.35 percent
C) Lowering interest rates beyond zero serves as a stimulus for the economy, causing people to spend more money and businesses to invest more in capital projects.
A) When a country has a negative interest rate, it implies that the central bank, or the monetary authority of the country, has taken a stance that is intended to promote spending and investment. This is accomplished by creating a climate that encourages borrowers to borrow and lenders to lend.
Negative interest rates make it less expensive for businesses and individuals to borrow money, making it easier for them to invest in growth or make major purchases. As a result, consumption increases, and deflation, or a decrease in prices, can be reduced.
B) Countries that currently have a negative interest rate are:Switzerland. -0.75 percentEuropean Central Bank (ECB) -0.50 percentDenmark -0.60 percentJapan -0.10 percentSweden -0.35 percent
C) Lowering interest rates beyond zero serves as a stimulus for the economy, causing people to spend more money and businesses to invest more in capital projects. As a result, low-interest rates encourage borrowers to borrow more money, lowering borrowing costs and increasing spending.
This spending can help increase economic growth and reduce unemployment by putting more money in people's pockets and increasing demand for goods and services.
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Budgeting for Needs
Select the items that are needs from your bank statement.
ABC BANK
Available Balance
$230.00
V Cell phone plan
$45
V
Rent
$400
Car insurance
$60
Backpack
$10
Electric bill
$60
Car payment
$250
Submit
In context of budgeting, the needs from the bank statement are:
Cell phone plan $45Rent $400Car insurance $60Electric bill $60Car payment $250What is the importance of all these needs?These expenses are considered needs because they are essential for daily living, such as housing (rent), transportation (car payment and insurance), communication (cell phone plan), and basic utilities (electric bill).
The backpack expense may be considered a want rather than a need, as it is not essential for basic living. When budgeting for needs, it's important to prioritize these essential expenses and allocate funds accordingly to ensure financial stability and security.
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Prompt: In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
PLEASE ANSWER ASAP. I am writing my essay about Rihanna. If anyone could help me, I would appreciate it. Due in 1 week.
A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.
What is the advantage of free enterprises?The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.
A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.
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On October 29, 2017, Lobo Co. began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The razors have a 90-day warranty that requires the company to replace any nonworking razor. When a razor is returned, the company discards it and mails a new one from Merchandise Inventory to the customer. The company's cost per new razor is $14 and its retail selling price is $70 in both 2017 and 2018. The manufacturer has advised the company to expect warranty costs to equal 6% of dollar sales.
The following transactions and events occurred:
2017
Nov. 11 Sold 70 razors for $4,900 cash.
30 Recognized warranty expense related to November sales with an adjusting entry.
Dec. 9 Replaced 14 razors that were returned under the warranty.
16 Sold 210 razors for $14,700 cash.
29 Replaced 28 razors that were returned under the warranty.
31 Recognized warranty expense related to December sales with an adjusting entry.
2018
Jan. 5 Sold 140 razors for $9,800 cash.
17 Replaced 33 razors that were returned under the warranty.
31 Recognized warranty expense related to January sales with an adjusting entry.
a. Prepare journal entries to record above transactions and adjustments for 2017.
b. Prepare journal entries to record above transactions and adjustments for 2018.
Answer:
a. Nov 11, 2017
Dr Cash $4,900
Cr sales $4,900
Nov 30, 2017
Dr Warranty expense $294
Cr Estimated warranty Liabilities $294
Dec 9, 2017
Dr Estimated warranty Liabilities $196
Cr Cash $196
Dec 16, 2017
Dr Cash $14,700
Cr sales $14,700
Dec 29, 2017
Dr Estimated warranty Liabilities $392
Cr Cash $392
Dec 31, 2017
Dr Warranty expense $882
Cr Estimated warranty Liabilities $882
b. Jan 5,2018
Dr Cash $9,800
Cr Sales$9,800
Jan 17,2018
Dr Estimated warranty Liabilities $462
Cr Cash $462
Dec 31,2018
Dr Warranty expense $588
Cr Cash $588
Explanation:
a. Preparation of the journal entries to record above transactions and adjustments for 2017
Nov 11, 2017
Dr Cash $4,900
Cr sales $4,900
(Being to record razors sold for cash)
Nov 30, 2017
Dr Warranty expense $294
Cr Estimated warranty Liabilities $294
($4900*6%)
(Being to record warranty expense)
Dec 9, 2017
Dr Estimated warranty Liabilities $196
Cr Cash $196
(14 razors*14)
(Being to replaced 14 razors)
Dec 16, 2017
Dr Cash $14,700
Cr sales $14,700
(Being razors sold for cash)
Dec 29, 2017
Dr Estimated warranty Liabilities $392
Cr Cash $392
(28 razors*14)
(Being to replaced 28 razors)
Dec 31, 2017
Dr Warranty expense $882
Cr Estimated warranty Liabilities $882
($14,700*6%)
(Being to record warranty expense)
b. Preparation of the journal entries to record above transactions and adjustments for 2018
Jan 5,2018
Dr Cash $9,800
Cr Sales$9,800
(Being to record razors sold for cash)
Jan 17,2018
Dr Estimated warranty Liabilities $462
Cr Cash $462
(33 razors*14)
(Being to replaced 33 razors)
Dec 31,2018
Dr Warranty expense $588
Cr Cash
(6%*$9,800) $588
(Being to record warranty expense)
3/7 x (-1/2) • MARKING BRAINLIEST TO THE ANSWER WITH AN EXPLANATION ON HOW U GOT THE ANSWER!
Answer : The answer of the given expression is \(\frac{-3}{14}\)
Explanation :
The given expression is: \(\frac{3}{7}\times \frac{-1}{2}\)
As we know that,
When we are multiplying a fraction by a fraction then multiply numerators and multiply denominators like this:
\(\frac{X}{Y}\times \frac{A}{B}=\frac{X\times A}{Y\times B}\)
So, the answer of the given expression will be:
\(\frac{3}{7}\times \frac{-1}{2}\)
By multiplying numerators and multiply denominators, we get:
\(\Rightarrow \frac{3\times (-1)}{7\times 2}\)
\(\Rightarrow \frac{-3}{14}\)
Therefore, the answer of the given expression is \(\frac{-3}{14}\)
Which of the following is a type of intellectual property?
Answer:
house
Explanation:
Company X sent Company Y a letter as an offer to sell 10 tons cotton for US$200,000.
After receiving the letter, Company Y immediately sent a telegram to Company X
purporting to accept the offer. However, the telegram company erroneously delivered
the telegram to Company Z. Five days later, the market price of cotton increased a lot.
Company X mailed a letter to company Y to revoke the original offer. The letter of
revocation was received by Company Y. Is there any contract between Company X and
Company Y?
There is no contract between Company X and Company Y. In order for a contract to be valid, there must be an offer, acceptance, and consideration, but in this case, there was no acceptance because the telegram did not reach the offeror and the offer was withdrawn before acceptance was communicated to the offeror.
According to the case study presented, there is no valid contract between Company X and Company Y. The reason is that acceptance must be communicated to the offeror and the acceptance must be received by the offeror. In this case, Company Y's purported acceptance was not received by Company X because it was erroneously delivered to Company Z.
Moreover, the general rule is that a revocation is effective upon receipt. Therefore, since Company Y received the revocation letter from Company X, it means that Company X has withdrawn the offer. Therefore, there is no contract between Company X and Company Y.
To conclude, in order for a contract to be valid, there must be an offer, acceptance, and consideration, but in this case, there was no acceptance because the telegram did not reach the offeror and the offer was withdrawn before acceptance was communicated to the offer.
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What aspect of the control environment is affected by the company's decision to no longer require approvals for purchase order discounts
Answer:
. When temporary workers are recruited the wages might be less but the accuracy extent is quite questionnable. Even the slightest mistake by the workers will make the permanent workers liable. Though the wages of the temporary workers are less.
Explanation:
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