Answer:
Option B (By embracing lower operating costs it's much more likely to handle price rises) is the correct choice.
Explanation:
Cost management or leadership seems to be an organizational practice introduced by Michael Porter. This helps build organizational competitive benefits. Price leadership relates to supplying the market with the cheapest operating costs, which varies from the pricing strategy. Sometimes it is driven by performance, size, complexity, reach, infrastructure as well as the perspective of the organization.Some other options given should not be concerning the condition in question. And the correct response would be alternative B.
rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is
Answer: Perpetual existence
Explanation:
The longest duration a joint stock company can be formed for is perpetual existence.
Perpetual existence is a feature that simply means that the organization involved has no expiration date, and has an unlimited term of existence. Even in case of death of the owners, the organization will still continue.
Ally, a minor, purchases a car from a used-car dealer. The law allows minors the right to cancel a contract until the time the minor turns 18. The contract between Ally and the dealer is Multiple Choice an unenforceable contract. a valid contract. a voidable contract. a void contract.
Answer:
Her contract is C) A VOIDABLE CONTRACT
Explanation:
hope this helps :)
Bill Kroganski is the owner of a moderately successful industrial services firm. His reaction to the introduction of a new process technology that could be a direct competitor to the process his firm utilizes is fear. He spends his time considering ways to isolate his firm from this new technology. Bill has characteristics consistent with the entrepreneurial mind-set.
a) true
b) false
Answer:
False
Explanation:
I've come across this question before.
Cindy's Ceramics engaged in a like-kind exchange that resulted in a $3,000 gain. In addition to the like-kind property received in the transaction, Cindy also received $5,000 cash. Cindy will have to recognize $
Answer:
$3,000
Explanation:
Data provided in the question
Gain received while exchanged = $3,000
Received cash = $5,000
Based on the above information, the Cindy recognize the gain i.e $3,000 which is received while exchanged it
Therefore in the given case, the Cindy have to recognize the gain for $3,000
The cash amount received should be ignored
Airbase is a consumer electronics company known for its affordable mobile devices that follows a cost-leadership strategy. In this scenario, Airbase should ideally compare its strategic position with:__________.
1. a company that sells small kitchen appliances at affordable prices.
2. an online company that sells customized electronics accessories.
3. a consumer electronics company that sells high-end devices.
4. a consumer electronics company popular among price-conscious customers.
Answer: 4. a consumer electronics company popular among price-conscious customers.
Explanation: Companies who thread a cost-leadership strategy or path could be said to be 'price-centric', that is gives price huge cognizance and will strive to be a market or industry leader when it comes to giving best and most affordable prices on products.
Thus, since Airbase follows a cost leadership strategy and also popular among consumers for its affordable devices, it should also weigh or compare it's strategy to other consumer electronics company which is popular among consumers which gives cognizance to price of products they purchase.
A master budget ________. A. is only prepared for manufacturers as they are the only type of company with material purchases and work−in−process accounts. B. improves companies' market capitalization and evolves from both the investing and financing decisions C. is another name given to the financial budget D. is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions
Answer:
D. is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions.
Explanation:
If the price elasticity of demand for U.S. automobiles is higher in Europe than it is in the United States, and transport costs are zero, a price-discriminating monopolist would charge:__________.
a. a less profitable price for autos in the United States than in Europe.
b. a lower price for autos in the United States than in Europe.
c. the same price for autos in the United States as in Europe.
d. a higher price for autos in the United States than in Europe.
Answer:
d. a higher price for autos in the United States than in Europe.
Explanation:
As it is mentioned that the price elasticity of demand in more in Europe as compared with the United States that represents a slight increase in price would decline the immense demand in Europe
Plus the elasticity in the united states is not high that reflects that change in price have a less impact on quantity demanded
Therefore the option d is correct
Smith and Benson make an oral contract for the sale of some land at a price of $500,000. After paying Smith $400,000 of the purchase price, Benson takes possession of the land. One month later, Smith wants to boot Benson off the land. His argument is that the parties' oral agreement is unenforceable under the statute of frauds. Which of the following is most correct?
A. Smith is correct, because the contract is for an amount greater than $500.
B. Smith is correct, because this is an oral contract for the sale of real estate.
C. Smith is incorrect, because the contract is for an indefinite period of time.
D. Smith is incorrect, because Benson paid part of the purchase price and took possession.
Answer:
D. Smith is incorrect, because Benson paid part of the purchase price and took possession.
Explanation:
Since in the question, there is a contract between the Smith and Benson for the sale of land but after paying the $400,000 the Benson takes the land possession. but according to the Smith it is an unenforceable contract under the statute of frauds.
So as Benson pay the amount of $400,000 and take the possession so in this case the Simon is incorrect
Hence, the option d is correct
Hannigan Lumber employs 155 workers. One of the firm's former employees used the Civil Rights Act of 1991 to file and win a discrimination lawsuit against Hannigan Lumber. What is the maximum amount of punitive damages that the former employee could receive
Answer: $100,000
Explanation:
The Civil Rights Act of 1991 prohibits every form discrimination in organizations that are based on religion, race, gender, color, or ethnic considerations.
Since Hannigan Lumber employs 155 workers, if one of the firm's former employees used the Civil Rights Act of 1991 to file and win a discrimination lawsuit against Hannigan Lumber, the maximum amount of punitive damages that the former employee could receive will be $100,000.
This is because according to the law, an employer that has employees of about 101-200 workers will pay demages of $100,000 if a discrimination lawsuit is won.
In a producer/consumer relationship, the ________ portion of an application generates data and stores it in a shared object, and the ________ portion of an application reads data from the shared object.
A) consumer, producer
B) producer, consumer
C) outputter, inputter
D) None of the above.
The ________ stage of the new-product process assesses the total "business fit" of the proposed new product with the company's mission and objectives, from whether the product can be economically developed and manufactured to the marketing strategy needed to have it succeed in the marketpla
Answer:
Business analysis
Explanation:
The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not
So the given situation represents the business analysis stage
Discount-Mart issues $10 million in bonds on January 1, 2018. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/2018 $8,640,967 6/30/2018 $300,000 $345,639 $45,639 8,686,606 12/31/2018 300,000 347,464 47,464 8,734,070 6/30/2019 300,000 349,363 49,363 8,783,433 12/31/2019 300,000 351,337 51,337 8,834,770 What is the stated annual rate of interest on the bonds
Answer:
6%
Explanation:
Given the following :
Amount of bond issued = $10,000,000
Cash paid = $300,000
Term of bond = 10years
Semiannual interest pay
The stated annual rate of interest on the bond can be calculated thus :
Rate of interest ;
Cash paid / Amount of bond issued
$300,000 / $10,000,000
= 0.03
0.03 * 100%
= 3% (semiannual interest)
Therefore, annual rate of interest :
Semiannual rate * 2
3% * 2 = 6%
On behalf of Bobble Head Manufacturing Company, Carmela types her name at the bottom of an e-mail purchase order and submits the order to Designer Parts Company. Under the UETA, Carmela’s typed name qualifies as Group of answer choices
Answer:
A signature.
Explanation:
On behalf of Bobble Head Manufacturing Company, Carmela types her name at the bottom of an e-mail purchase order and submits the order to Designer Parts Company. Under the UETA, Carmela’s typed name qualifies as signature.
The University of Kay and Kaytech University are bitter cross-town rivals. They compete in everything from sports to academics. Due to decreasing enrollment, the schools make an agreement to give all incoming students free tuition for one semester before raising the existing rates the following semester. This action is most likely to be considered a:___________.
A. horizontal agreement in violation of the Sherman Act.
B. vertical agreement in violation of the Sherman Act.
C. tying agreement in violation of the Clayton Act.
D. reciprocal dealing agreement violating the Clayton Act.
E. licensing agreement violating the Clayton Act.
Answer:
A. horizontal agreement in violation of the Sherman Act.
Explanation:
According to the Sherman Antitrust Act of 1890 it restricted the activities related to interstate commerce and the competition arise in the market place
The horizontal agreement is an agreement which is done between the business who are competing with each other in order to modify the competition for all the available competitors in the market
Therefore according to the given situation, the correct option is A.
M1 refers to: Group of answer choices the smallest of the money-supply definitions. currency held by the public plus checking account balances. all of these. the most narrowly defined money supply definition.
Answer:
all the options are correct
Explanation:
M1 is the money supply that includes currency, coin, demand deposits, travelers' checks, other checkable deposits, and negotiable order of withdrawal (NOW) accounts. M1 is the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash.
A broker-dealer that is offering a new issue in a State has obtained a legal opinion from its counsel that the issue is exempt from registration in that State. After the offering is completed, the State Administrator determines that the issue should have been registered. Which statement is TRUE regarding the broker-dealer's liability in this situation
Answer:
C. The broker-dealer has civil liability since it offered the securities in contravention of State law
Explanation:
Note: This question is not complete. A complete question is therefore provided before answering the question as follows:
A broker-dealer that is offering a new issue in a State has obtained a legal opinion from its counsel that the issue is exempt from registration in that State. After the offering is completed, the State Administrator determines that the issue should have been registered. Which statement is TRUE regarding the broker-dealer's liability in this situation?
A. The broker-dealer has no liability because it can rely on the legal opinion as its defense
B. The broker-dealer has no liability because it acted in good faith in the transaction
C. The broker-dealer has civil liability since it offered the securities in contravention of State law
D. The broker-dealer has criminal liability because it has shown scienter in this transaction
The answer to the question is provided as follows:
It is not possible for a broker-dealer to avoid civil liability by relying on a legal opinion.
The reason is that the court interprets a legal opinion as just an opinion but not the law itself.
Under this circumstance, it is possible to hold both the broker-dealer and the attorney who gave the legal opinion that is incorrect civilly liable. The reason is that the offer of the securities by the broker-dealer contravenes the law of the State.
However, it should be noted that there is no criminal liability under this circumstance as the illegal action was not "scienter".
"Scienter" is a Latin word which implies "not thought out in advance" or "not intentional".
Therefore, the correct option is C. The broker-dealer has civil liability since it offered the securities in contravention of State law
A customer has purchased 5,000 shares of ABC corporation stock in lots of 100 shares over an extended period of time at varying prices. The customer now sells 500 of the shares. Which statement is TRUE
Answer:
c. IRS rules allow the taxpayer to specify which shares being sold
Explanation:
Given that
Number of shares purchased = 5,000
Number of lots for shares = 100
The Number of shares sold = 500
based on the above information,
According to the internal service revenue (IRS) the taxpayer should be permitted to specify that shares which are sold i.e 500 shares so the same is to be considered
hence, the option c is correct
Which of the following real estate investments were involves purchasing real estate and charging a monthly fee for use of your space
Answer:
when you flip you buy at a low price, fix it up then sell at a higher price for profit. usually in less than 6 months.
Bio-Lab Pharmaceuticals carried on a project to develop a new drug that dramatically shortened the recovery period for flu infection. The project cost the company $150,000 before Bio-Lab abandoned the project due to the slim possibility to gain FDA approval. Bio-Lab then spent $300,000 on another project developing a kind of shot that achieves the same goal for flu recovery, and the company is confident in gaining FDA approval for the new shot and in making profits out of the shot. What amount would be expensed
Answer:
$450,000
Explanation:
Calculation for the amount that would be expensed
Using this formula
Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project
Let plug in the formula
Amount to be expensed =$150,000+$300,000
Amount to be expensed =$450,000
Therefore the amount that would be expensed will be $450,000
Bramble, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $530 and originally retailed for $950. At the statement date, each computer has a net realizable value of $360. What value should Bramble, Inc., have for the computers at the end of the year?
Answer:
$2,880
Explanation:
US GAAP requires companies to value their inventories at lower of cost or net realizable value.
so we calculate both:
the cost = 8 x $530 = $4,240the net realizable value = 8 x $360 = $2,880Since the net realizable value is lower, then the computers must be recorded at that price.
Lennox just moved from a position where he dealt with the consumer market to working as a salesperson in the B2B market. As he considers his new responsibilities, it's likely that he will
Answer:
learn that industrial buyers generally require more personal service than buyers in the consumer market.
Explanation:
The consumer market is also called business to customer (B2C). Customers in this market usually require less personal service because their transactions are less complex and low value compared to industrial customers.
The aim of businesses is to gain many small customers in order to make large profit.
However in the business to business (B2B) market, customers are few but have large transaction volume.
They need more attention because loss of a customer will result in large loss to the business.
Which professional helps individuals and families minimize risk?
Answer:
insurance agent.
the career profession who would help individual and families to manage and minimise risk would be insurance agent.
Explanation:
insurance is a field that manages protection from financial loss thus risk to it iwould be a component that they manage. insurance insurance agent would recommend the best product for individual and families according to their lifestyle and age
You have been providing a pre-Thanksgiving meal during sales presentations in November for many years and your clients look forward to attending this annual event. When marketing Medicare Advantage and Part D plans, what are you permitted to do with respect to meals?
Answer: Provide light snacks
Explanation:
In a Medicare advantage, a proper meal will not be allowed, the focus of the program is targeted at the Medicare section, so preparing a normal Neal would serve as a distraction to the purpose of the program, even those requesting would be prohibited for such, so what's required would be normal snacks which won't attract attention and individuals can focus on the program: Medicare.
Answer:
b.
You may provide light snacks, but a Thanksgiving style meal would be prohibited, regardless of who provides or pays for the meal.
Explanation:
A meal is considered a distraction to the presentation material, snacks only
Cajun Cookin' sits on a large landscaped lot. Brian and Sondra have a contract with Lovely Landscapes to mow the lawn and take care of the landscape. They pay $200 per month for this service. After two weeks had gone by with no service, Brian called the company only to find out that the owner and the crew had decided to take a vacation and would not be back to do the landscaping for another two weeks. Lovely Landscapes:
Options:
A.) has discharged its obligation to Brian.
B.) is liable for specific performance.
C.) will likely have to pay Brian damages if Brian decides to sue them.
D.) will not likely have to pay Brian damages if Brian decides to sue them.
Answer: C.) will likely have to pay Brian damages if Brian decides to sue them.
Explanation: According to the information presented in the scenario above, Lovely Landscapes are contracted to Brian and Soria and as such responsible for mowing the lawn of Brian's landscape. Lovely landscape's failure to show up or contact Brian and Soria explaining why they won't be able to fulfil their contract terms could be attached to a breach of contract which could involve Lovely Landscapes paying Brian and Soria damages for their no-show if Brian intends to pursue a case or sue Lovely landscapes.
Which of the following factors, if any, is not a characteristic of independent contractor status? a.Workplace fringe benefits are not available. b.Services are performed for more than one party. c.Work-related expenses are reported on Schedule A (Form 1040). d.Receipt of a Form 1099 reporting payments received. e.None of these choices are correct.
Answer:
c. Work-related expenses are reported on Schedule A (Form 1040).
Explanation:
An independent contractor can be defined as a self employed individual or business entity that provides services or work for another for an agreed fee.
This ultimately implies that, an independent contractor is a non-employee of the organization he provides services or work for. Some examples of independent contractor are consultants, engineers, lawyers, accountants, auditors, doctors etc.
Hence, reporting work-related expenses on Schedule A (Form 1040) is not a characteristic of independent contractor status.
However, independent contractors are required by law to report income and expenses on Schedule C (Form 1040) and report all their profits or losses on Schedule E (Form 1040) in the United States of America.
Additionally, an independent contractor status suggests that workplace fringe benefits are not available, services are performed for more than one party and must have receipt of a Form 1099 reporting payments received.
Budweiser is a popular brand of beer. Part of this company's market research of U.S. consumers looked at education levels of beer consumers. What education level is the likely consumer of beer (that with highest propensity to buy and consumer beer) to have attained
Answer:
did not graduate high school
Explanation:
Survey Reports from the Simons Dataset for research and Development, Indicate that the vast majority of individuals in the US that are consumers of beer did not graduate high school. The reason for this can vary largely. Psychologists believe that these individuals started consuming alcohol at an early age due to childhood trauma and their addiction caused them to abandon their education.
Network design decisions have a significant impact on performance because they determine the supply chain configuration and set constraints within which inventory, transportation, and information can be used to either decrease supply chain cost or increase responsiveness. True or False
Answer:
true
Explanation:
Distinguish among operating, investing, and financing activities for the statement of cash flows indirect method) Aurum Investments specializes in low-risk government bonds. Identify each of Vanderpool's transactions as operating (O), investing (I), financing (F), non-cash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases (minus) cash. The indirect method is used for operating cash flows.
A. Acquisition of equipment by issuance of note payable
B. Purchase of long-term investment with cash
C. Issuance of long-term note payable to borrow cash
D. Increase in prepaid expenses
E. Decrease in accrued liabilities
F. Loss of sale of equipment
G. Decrease in accounts receivable
H. Depreciation of equipment
I. Increase in accounts payable Amortization of intangible assets
K. Purchase of treasury stock
L. Payment of long-term debt
M. Increase in salary payable
N. Cash sale of land
O. Sale of long-term investment
P. Acquisition of building by cash payment
Q. Net income
R. Issuance of common stock for cash
S. Payment of cash dividend
Answer and Explanation:
The cash flow statement includes three categories of activities which are listed below:
1. Operating activities: This covers all transactions that after net income impact the working capital. This will subtract the rise in current assets and a reduction in current liabilities, while adding the decline in current assets and a rise in current liabilities.
It will manage some adjustments in working capital. For addition, the depreciation expenses are applied to the net profit and the loss on the selling of assets is added, while the profit on the sale of assets is deducted
2. Investing activities: it tracks operations that involve purchasing and selling long-term properties. The buying is a cash outflow while the sale is a cash inflow
3. Financing operations: it tracks transactions that have an impact on long-term debt and equity balance of shareholders. Share issue is a cash inflow while redemption and dividends are cash outflows.
Based on the above explanation, the classification is as follows
A. , non-cash investing and financing (NIF), as it does not involve any cash transactions
B. Investing activity as this reflects the cash outflows
C. Financing activity as this reflects the cash inflows
D. Operating activity as this reflects the cash outflows
E. Operating activity as this reflects the cash outflows
F. Operating activity as this reflects the cash inflows
G. Operating activity as this reflects the cash inflows
H. Operating activity as this reflects the cash inflows
I. Operating activity as this reflects the cash inflows
J. Operating activity as this reflects the cash inflows
K. Financing activity as this reflects the cash outflows
L. Financing activity as this reflects the cash outflows
M. Operating activity as this reflects the cash inflows
N. Investing activity as this reflects the cash inflows
O. Investing activity as this reflects the cash inflows
P. Investing activity as this reflects the cash outflows
Q. Operating activity as this reflects the cash inflows
R. Financing activity as this reflects the cash inflows
S. Financing activity as this reflects the cash outflows
Consider the example of an individual in a grocery store examining two cans of peaches, Alpha Peaches and Beta Peaches. If Alpha is thought to provide 10 units of pleasure per dollar and Beta is thought to provide 8 units per dollar, then Alpha should be chosen.
a) true
b) false
Answer:
True.
Explanation:
True, The given situation is true because the pleasure (utility) provided by Alpha is greater than the pleasure (utility) provided by the Beta. Therefore, a rational person will buy only that commodity which has a higher utility. Here, we can see the Alpha provides 10 units of utility or pleasure per dollar while Beta provides 8 units of utility or pleasure per dollars. So, only Alpha will be chosen.
Deborah works for a telecommunications company, and she prides herself on the fact that her job duties help keep the emergency service phone line operating, which ultimately saves lives. Deborah's sentiment reflects
The question is incomplete:
Deborah works for a telecommunications company, and she prides herself on the fact that her job duties help keep the emergency service phone line operating, which ultimately saves lives. Deborah's sentiment reflects:
A. skill variety
B. autonomy
C. task significance
D. task identity
E. feedback
Answer:
C. task significance.
Explanation:
-Skill variety refers to abilities people need to be able to do a job.
-Autonomy is when a person is able to act on its own.
-Task significance is when a job has a positive impact on other people inside and outside of the company.
-Task identity refers to doing something from start to finish with a visible result.
-Feedback is when employees receive an evaluation from their supervisors in which they get suggestions to maintain certain performance and possible improvements that can be made.
According to this, the answer is that Deborah's sentiment reflects task significance because her job helps to save lives which means that it has a positive impact on people.
Deborah priding herself on the fact that her job duties help saves lives
exhibits what we refer to as task significance.
Task significance refers to the employees of a company viewing their roles
as being important within and outside the company.
Deborah in this scenario talks about how her job duties help keep the
emergency service phone line operating, which ultimately saves lives. This
sentiment reflect task significance which is why it is the right choice of all the options.
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