This bad news is best classified as high likelihood, low severity, and medium controllability in business Suppliers.
What is meant by supplier in business?
A supplier is a person or business that gives a business the goods or services it requires. A variety of enterprises might use suppliers as a source for goods or services that will support their operations. However, the retail sector is where you can typically find suppliers. A supplier's job in a company is to get premium goods from a manufacturer at a competitive price so that a distributor or retailer can resell them. A supplier in a business serves as a liaison between the producer and the retailer, guaranteeing open lines of communication and high-quality inventory. At every stage of the product lifecycle, suppliers play a crucial role.To know more about Business Suppliers visit:
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Which of the following best exemplifies structural unemployment?
A college graduate is looking for her first job.
An unemployed electrician does odd jobs for cash on the weekends.
A surveyor was laid off when his company relocated to the Midwest.
A real estate agent is looking for a new brokerage that pays better commissions.
A high school student who worked part-time at Chick-Fil-A® was laid off when sales fell.
Answer: A surveyor was laid off when his company relocated to the Midwest is an example of structural unemployment .
Explanation: Structural unemployment occurs due to job relocation, skill mismatches, rapidly growing population, slow rate of capital formation, demand for labor fall short.
And also due to the fundamental changes in the structure of the economy.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Why would it be a good idea to mix stocks and bonds in your investment portfolio?
Answer:
To have more variety and just more in general!
Explanation:
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Calcular el Costo Variable Total teniendo en cuenta:
CANTIDAD PRODUCIDA: 1000 UNIDADES
COSTO VARIABLE UNITARIO: $ 50
COSTO FIJO TOTAL: $ 20.000
PRECIO DE VENTA: $ 100
By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
Therefore, By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost.
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The following are debts in disguise except:I) accounts payableII) leasesIII) underfunded pensions
The correct answer is: I) accounts payable.
Accounts payable are not considered debts in disguise, as they are a legitimate form of short-term borrowing by a company to finance its operations. Accounts payable represent amounts owed by a company to its suppliers for goods or services received on credit. They are recorded as a liability on the company's balance sheet and are typically paid off within a short period, often within 30 to 90 days.
Leases and underfunded pensions, on the other hand, can be considered as debts in disguise. Leases, especially capital leases, represent long-term obligations to make lease payments over the term of the lease, and can have significant financial implications for a company. Underfunded pensions represent future obligations to pay pension benefits to employees or retirees, and any shortfall between the required pension payments and the assets set aside to fund those payments can create a debt-like liability for the company.
It's important for financial analysts and investors to carefully assess a company's liabilities, including accounts payable, leases, and pension obligations, to gain a comprehensive understanding of a company's financial health and its ability to meet its obligations.
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Which are affected by the factors of production? Check all that apply.
A.) the demand of the item
B.) the availability of the item
C.) the cost of the item
D,) the quality of the item
E.) the popularity of the item
Answer:
A
C
D
Explanation:
without demand no reason to product it
The cost of a item also greatly affects it
and how well they can make it without being too expensive
Which of the following does a budget tracker do? Select all that apply.
A. keeps schedules flexible
B. compares the amount of money allocated with the money spent
C. shows whether extra costs in one area can be made up by lower costs in another area
D. provides a way for team members to collaborate using collaboration software
E. tracks e-mail threads related to the project
Answer:
A and D
Explanation:
An 1-9 form is also called a Wage and Tax Statement.
O True
O False
Answer:
False
Explanation:
Form I-9 is the Employment Eligibility Verification.
Form W-2 is the Wage and Tax Statement.
False, 1-9 form is not Wage and Tax Statement. W-2 form is called Wage and Tax Statement.
Tax statements are statements that will be sent to each UK taxpayer each year detailing their Income Tax and National Insurance payments. It was set to be released in 2014.
Ben Gummer proposed annual tax statements in 2012, with the goal of showing itemized spending by department in proportion to the amount the taxpayer paid in the previous year.
While welcoming it in principle, Labor MP Chris Bryant opposed it because the figures were estimates rather than actual figures. Gummer's proposal was well received by the press in the UK and The Wall Street Journal in the US. It was included in the 2012 budget & because of introduction in 2014, with George Osborne calling it "an excellent idea".
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Kay has decided to take out a $23,100 loan, and she wants to pay it back in quarterly installments. She has narrowed her options down to two banks. Bank V offers a six-year loan with an interest rate of 4. 6%, compounded quarterly, and has a service charge of $822. 45. Bank W offers an eight-year loan with an interest rate of 3. 9%, compounded quarterly, and a service charge of $722. 25. Which loan will have the greater total finance charge, and how much greater will it be? Round all dollar values to the nearest cent. A. Loan W's finance charge will be $335. 96 greater than Loan V's. B. Loan W's finance charge will be $436. 16 greater than Loan V's. C. Loan V's finance charge will be $263. 10 greater than Loan W's. D. Loan V's finance charge will be $100. 20 greater than Loan W's.
Answer:… um um um um
Explanation:why am I getting these questions
what is one major advantage of creating a division of labor?
Division of Labor's Benefits Many of the benefits of dividing labor in the workplace are self-evident. Saving time is one of them. Assigning tasks to each employee that are best suited to her abilities. Productivity is rising. For the tasks at hand, you only need one set of tools rather than many.
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why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment
Answer:
Explanation:
The labor demand curve slopes downward because of the law of diminishing returns.
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this type of business is made up of family members and close friends and are not allowed to sell their shares to the public.
Answer:
private limited companies
Explanation:
usually small to medium size business but there shares cannot be sold to the public.
The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answer:
Monthly
Explanation:
What are some of the challenges the federal and state governments face in trying to implement a fair tax system?
Give at least three concrete facts to support your answer. (please don't copy other answers)
Answer:
taxation should follow the four principles of fairness, certainty, convenience and efficiency. Fairness, in that taxation should be compatible with taxpayers' conditions, including their ability to pay in line with personal and family needs.Tax administration must be free of corruption and able to address all the challenges that come its way. These challenges may involve tax collection, management of taxes and duties at borders, introduction of an effective Value Added Tax or sales tax, and administration of developing law. The primary purpose of a tax is to raise revenue for governmental activities, rather than to influence business and personal decisions. Economic growth and efficiency The tax system should not unduly impede or reduce the productive capacity of the economy.
Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separated from the rest of the organization and housed in a separate facility to enhance the ability to develop new concepts. This approach has proven to enhance the ability to come up with new concepts in the _____ stage of the new-product development process.
Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
Carter and his partner have decided to expand their business and make the company public to generate more funds.
However, they are aware of the tax policies of corporations. Which type of corporation will they opt for to avoid double taxation?
Carter and his partner should opt for a(n)
to avoid double taxation.
Carter and his partner may consider forming an S Corporation to avoid double taxation.
S Corporations are a type of corporation that allow business income, deductions, and credits to flow through to the shareholders' personal tax returns. This means that the corporation itself is not taxed on its income, but instead, the shareholders are taxed on their share of the corporation's income.
By contrast, a C Corporation is subject to double taxation, meaning that the corporation pays taxes on its income, and then the shareholders pay taxes on any dividends they receive from the corporation.
Therefore, if Carter and his partner want to avoid double taxation, they should consider forming an S Corporation. However, it's important to note that there are certain eligibility requirements for S Corporations, such as having no more than 100 shareholders and only one class of stock. They should consult with a tax professional or an attorney to determine if an S Corporation is the right choice for their specific business needs.
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What is a source of equity financing?
A. securing short-term loans from a family member
B. receiving trade credit from suppliers
C. selling personal assets to raise funds
D. securing government loans
E. borrowing money from friends
Job vs Process
Costing
a. What is the difference between job and process costing?
b. For each of the following businesses, indicate whether job or
process costing would be more appropria
Job costing and process costing are two approaches to accounting for the costs of producing a product or service. The following are the differences between job and process costing:Job costing is used when each product is unique, such as a building or a ship, while process costing is used when items are indistinguishable from one another and are produced in a batch, such as sugar or flour.
Job costing and process costing are two different costing methods employed by firms. While Job costing is employed for production with many different items, Process costing is used for production with just one item or identical items in bulk. The main differences between job and process costing are based on their nature and focus. While job costing is used to trace costs for a specific job, process costing tracks costs for the entire production cycle. It's also important to note that job costing involves high monitoring and tracing costs, whereas process costing is not.
Process costing involves the calculation of average costs across the production cycle. For each of the following businesses, job or process costing would be more appropriate:A construction company that builds unique buildings and structures would be best suited for job costing since each building and structure is unique, and production costs for each job can be monitored. A paper manufacturer that produces large quantities of paper products of identical quality would be best suited for process costing, which helps to calculate the costs involved in producing each unit.
In conclusion, Job costing and process costing are essential tools for firms to measure the production costs of their products. While job costing is used for unique items, process costing is used for bulk production of identical items. These two techniques assist firms in determining the exact costs of their products. It's crucial to know which one is best for your business, as it will have a direct effect on your decision-making process.
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Bascomb Company purchased $420,000 in merchandise on account during the month of April, and merchandise costing $350,000 was sold on account for $425,000 Required: 1. Prepare journal entries to record the purchases and sales assuming Bascomb uses a perpetual inventory system. 2. Prepare journal entries to record the purchases and sales assuming Bascomb uses a periodic inventory system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries to record the purchases and sales assuming Bascomb uses a perpetual Inventory system. (if no entry for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the purchases and sales assuming Bascomb uses a perpetual Inventory system Notet Enter debits before credits Tanca வொலான வேனை nahit Journal entry worksheet 1 2 > Record the purchases and sales assuming Bascomb uses a periodic inventory system Note: Enter debits before credits. Transaction General Journal 1 Debit Credit Record entry Clear entry View general journal Prev 1 of 7 Next >
Required 1: Prepare journal entries to record the purchases and sales assuming Bascomb uses a perpetual inventory system.
1. Journal entry for merchandise purchase on account:
Debit: Inventory ($420,000)
Credit: Accounts Payable ($420,000)
2. Journal entry for merchandise sold on account:
Debit: Accounts Receivable ($425,000)
Credit: Sales Revenue ($425,000)
3. Journal entry for the cost of goods sold:
Debit: Cost of Goods Sold ($350,000)
Credit: Inventory ($350,000)
Required 2: Prepare journal entries to record the purchases and sales assuming Bascomb uses a periodic inventory system.
1. Journal entry for merchandise purchase on account:
Debit: Purchases ($420,000)
Credit: Accounts Payable ($420,000)
2. Journal entry for merchandise sold on account:
Debit: Accounts Receivable ($425,000)
Credit: Sales Revenue ($425,000)
Note: In a periodic inventory system, the cost of goods sold and inventory update are recorded at the end of the accounting period, not with each transaction.
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How did Ray conduct marketing-information management?
6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:
Answer:
Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.
Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.
The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.
explain economics in your own words
When consumers in the United States buy products made by China, they are buying imported goods.
True or False
A study obtains data on per capita alcohol consumption and skin cancer rates for every county in New Mexico. The correlation based on this county data is 0.63. True or False. This provides a fair estimate of the strength of the association between alcohol consumption and skin cancer. True False
A study obtains data on per capita alcohol consumption and skin cancer rates for every county in New Mexico. The correlation based on this county data is 0.63. False
In this case, the obtained correlation between per capita alcohol consumption and skin cancer rates for every county in New Mexico is 0.63. But it is not completely appropriate to conclude that this correlation provides a fair estimate of the strength of the association between alcohol consumption and skin cancer because the correlation coefficient only provides information on the strength and direction of the association between the two variables. It does not indicate the causation of the relationship.
Therefore, we can't establish the strength of the association between alcohol consumption and skin cancer just by observing the correlation coefficient. Hence, we can say that the correlation coefficient provides a fair estimate of the strength of the association between alcohol consumption and skin cancer is False. Therefore, the correct answer is False.
In a nutshell, we can't establish the strength of the association between alcohol consumption and skin cancer just by observing the correlation coefficient. So, the obtained correlation between per capita alcohol consumption and skin cancer rates for every county in New Mexico is 0.63, which does not provide a fair estimate of the strength of the association between alcohol consumption and skin cancer.
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Choose a bank in your community and ask for the forms that you need to fill out in order to open a checking account and a savings account. You may be able to get the forms from the bank branch or to download them from the bank’s website. Fill out both forms.
Then, for each account type, describe the following requirements:
- the information the bank wants
- the documentation required to support the information you provided
- the agreement you’re entering into with the bank by signing the form
(for finance class)
Answer:
This applies for the Bank of America
- the information the bank wants
For opening a savings or a checking account, the Bank of American only needs some basic personal information, and at least $25 from you, in order to start the account.
- the documentation required to support the information you provided
You need to provide the Bank with these documents:
A primary ID (for example, a driver's license, or a state's issued ID with photo)
A secondary ID (For example, a college ID)
Current mailing address
Social Security Number
Email address
Account number (in case you already have an account)
- the agreement you’re entering into with the bank by signing the form
The agreement is too long to transcribe in this answer, but it essentially compromises you to accept the terms or service of Bank of America. It also gives you information about how the Bank of America will manage your account, and how it will protect its security.
Answer:
Bank of America
- the data the bank needs
For opening an investment funds or a financial records, the Bank of American just necessities some fundamental individual data, and at any rate $25 from you, to begin the record.
- the documentation needed to help the data you gave
You need to furnish the Bank with these reports:
An primary ID (for instance, a driver's permit, or a state's given ID with photo)
A secondary ID (For instance, a school ID)
Current postage information
Social Security Number
Email address
Account number (on the off chance that you as of now have a record)
- the understanding you're going into with the bank by marking the structure
The arrangement is too long to even think about interpreting in this answer, however it basically bargains you to acknowledge the terms or administration of Bank of America. It likewise gives you data about how the Bank of America will deal with your record, and how it will ensure its security.
Explanation:
The worldwide interdependence of resource flows, product markets, and business competition is called:______.
The worldwide interdependence of resource flows, product markets, and business competition is called Globalization as it is one that characterizes the new economy.
What is resource flow?The term "resource" is related to the availability of facilities. It can take any form and can be passed from hand to hand so that everyone can make the best use of these resources.
This comes under the term "resource flow''. The product market and business competition have increased. This comes under the term "globalization''.
As a result of world-wide interdependence, globalization is related to the exchange of products and services throughout the nation and at an international level.
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An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)
-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors
Answer:
the answer is planning, ensuring, and acting
Blossom Co. Began operations on January 2, 2020. It employs 15 people who work 8-hour days. Each employee earns 10 paid vacation days annually. Vacation days may be taken after January 10 of the year following the year in which they are earned. The average hourly wage rate was $20 in 2020 and $21. 50 in 2021. The average vacation days used by each employee in 2021 was 9. Blossom Co. Accrues the cost of compensated absences at rates of pay in effect when earned.
Required:
Prepare journal entries to record the transactions related to paid vacation days during 2020 and 2021
The journal entries to record the transactions related to paid vacation days during 2017 and 2018 is: Debit Wages expense $28,800; Credit Vacation wages payable $28,800.
How to write journal entries?
Journal entries:
1. 2017
Debit Wages expense $28,800
Credit Vacation wages payable $28,800
( 15 × 8 hours × 10 days × 24)
2. 2018
Debit Wages expense $1,620
Debit Vacation wages payable $25,920
(15 × 8 hours × 9 days × 24)
Credit Cash $27,540
(15 × 8 hours × 9 days × 25.50)
3. 2018
Debit Wages expense $30,600
Credit Vacation wages payable $30,600
( 15 × 8 hours × 10 days × 25.50)
Inconclusion the journal entries to record the transactions related to paid vacation days during 2017 and 2018 is: Debit Wages expense $28,800; Credit Vacation wages payable $28,800.
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A major grocery store chain is trying to cut down on waste. Currently, they get peaches from two different distributors, wholefruits and greengrocer. Out of a two large shipments, the manager randomly selects items from both suppliers and counts the number of items that are not sell-able due to bruising, disease or other problems. She then makes a confidence interval. Is there a significant difference in the quality of the peaches between the two distributors? 95% ci for pw-pg:(-0. 156, 0. 064).
A significant difference in the quality of the peaches between the two distributors is option D. Option D says that We are 95% confident that the proportion of non-sell-able items for Whole Fruits is anywhere between 0.064 and 0.156 HIGHER than the proportion of non-sell-able items for Greengrocer.
Grocery stores generally can be defined as focus on beverages, food and some household goods. They are typically local chains or also single-location stores and may be family-owned . In other words, "grocery store" or known as supermarket. They offer the ingredients of provide jobs, foster a sense of community and home cooked meals. By comparing a set of inherent characteristics with a set of requirements we are generally can determine the quality of something.
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Which of the following is NOT a useful strategy when making an informed purchase?
1.Compare your option to similar products.
2.Calculate the unit price of the product.
3.Read the online reviews of the product and ask trusted friends who use it.
4.Purchase a product based on a social media influencer.