Answer:
69 %
Explanation:
Mark up is Gross Profit expressed as a percentage of Total Costs.
When using variable costing, only the variable costs are used to determine the Product Cost.
Product Cost = Variable product cost per unit + Variable administrative cost per unit
= $17.00 + $12.00
= $29.00
Therefore,
Mark up = Profit ÷ Total Variable Cost
= $20.00 ÷ $29.00
= 0.69 or 69 %
You have just engaged a new client who has been in business for over a year and has been using Excel to track her monthly business activity. Which 2 actions can help this client quickly transfer her data into her new QuickBooks Online company?A. Use File upload tool in the Banking Center to upload banking activity.
B. Select Transfer under the Create (+) menu.
C. Select Migrate Data in the Account and Settings menu.
D. Import lists using the Import Data Tool.
Answer: A. . Use File upload tool in the Banking Center to upload banking activity.
D. Import lists using the Import Data Tool.
Explanation:
Based on the information provided, the 2 actions can help this client quickly transfer her data into her new QuickBooks Online company would be to simply use File upload tool in the Banking Center to upload banking activity. After this is done, then they can import lists by using the Import Data Tool.
It should be noted that before importing, it is necessary to ensure that
the column should be picked correctly and also, the transaction figured should denote positive with a +ve sign a negative with a -ve sign which is typically for withdrawals.
In what ways do goals and objectives help managers control the organization? How do specific and measurable goals affect employee and organizational performance? Provide an example from your own experience of when a specific goal or objective provided beneficial control over a process. Please answer in 150 words or more
Answer:
In simple words, the goals and objectives are the end meets or which every action must be taken. If the point of destination is clear the managers of the company can plan and execute effectively taking each action according to that predetermined end point.
In my experience, I had a goal to secure more than 70 percent in my final year of graduation. By clearing my goal and objective i took every step in the year to achieve that goal. This made me help myself to keep control.
Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 47,000 units per month is as follows:Per UnitDirect materials $ 46.10Direct labor $ 8.80Variable manufacturing overhead $ 1.80Fixed manufacturing overhead $ 18.70Variable selling & administrative expense $ 3.20Fixed selling & administrative expense $ 15.00The normal selling price of the product is $100.10 per unit.An order has been received from an overseas customer for 2,700 units to be delivered this month at a special discounted price. This order would not change the total amount of the company's fixed costs. The variable selling and administrative expense would be $1.90 less per unit on this order than on normal sales.Direct labor is a variable cost in this company.Suppose there is ample idle capacity to produce the units required by the overseas customer and the special discounted price on the special order is $83.40 per unit. The monthly financial advantage (disadvantage) for the company as a result of accepting this special order should be:A. $18,090B. ($27,540)C. $68,580D. ($43,000)
Answer:
Effect on income= $68,580 increase
Explanation:
Because it is a special order, and there is unused capacity, we will not take into account the fixed costs. Only the variable ones.
First, we need to calculate the unitary cost:
Unitary cost= 46.1 + 8.8 + 1.8 + 1.3
Unitary cost= $58
Now, the effect on the income of accepting the offer:
Effect on income= 2,700*(83.4 - 58)
Effect on income= $68,580 increase
Some credit card and cell phone companies are using a new payment technology that enables customers to simply wave their card or phone next to the payment terminal using ...
Answer:
Near-Field Communications (NFC) (NFC devices)
That is NFC compatible device
Explanation:
Near Field Communication is known to be a short range wireless connectivity technology that is usually based on Radio- Frequency Identification that permits for contactless communication between two NFC enabled devices which are a few centimeters apart from each other. It allows a user to merely wave their smartphone over a NFC compatible device to send or receive information. It can be use the in Station airport, vehicle, office, store restaurant and anywhere.
NFC was officially developed by Sony, Nokia and Phillips in 2004.
1. DISCUSSION Although many argue that the gig economy has opened up opportunities for individuals to be self-employed in ways that complement their lifestyle, the investments that gig giant Uber is making suggest a different kind of future for the uber-successful taxi substitute. 1. What do think Uber has in mind
Answer:
Uber’s main angel is to become the main source for the transportation of people and local commerce around the country. This means ” adding scooters, bikes, public transportation schedules (and, even the ability to buy tickets) to Uber’s app. They will make it easier for more people to work for them and also it will benefit them financially.
Explanation:
Which of the following statements about buying centers is true?
A) The buying center is a fixed and formally identified unit within the buying organization.
B) The buying center roles are specified on the organizational chart.
C) The typical buying center has five employees, one to assume each of the buying center's roles.
D) The individual's role in the buying center does not change.
E) The buying center may involve informal participants who are not obvious to sellers.
Answer:
E) The buying center may involve informal participants who are not obvious to sellers.
Explanation:
Buying center can be regarded as a
decision-making unit that is responsible for how some members of an organization that are partaking in buying process of a particular product/services come together. They are groups of people that are involved in purchasing decisions making in an organization, and they can be regarded as professional buyers. This concept came to light by Robinson and Farris
It should be noted that buying center may involve informal participants who are not obvious to sellers.
What is a reason one discounts future cash flows as part of the absolute valuation process?
a. The company might do a share split which will diminish the value of one's stake
b. Deflation makes future cash flows worthless
c. Investors prefer cash flows today to cash flows in the future
d. Future profits are certain
Answer:
c. Investors prefer cash flows today to cash flows in the future
Explanation:
As we know that the future profits are unpredicted and non-certain so here the investor should prefer the cash flows for today for cash flows to be done in the future. In addition to this, the discount future cash flows should have the part in the absolute valuation process
Therefore the option c is correct
And, the rest of the options are wrong
teegan is in college and trying to decide her major for a bachelor’s degree. she wants to work in manufacturing. which job requires a bachelors degree?
repair technician
production worker
purchasing agent
filling machine operator
Answer:
purchasing agent is the right answer
Teenager in college who want to work in manufacturing that requires a bachelors degree will be a purchasing agent.
Who is purchasing agent ?Purchasing agent is in charge of administration in a company or firm they are involved with purchased.
This individual can buy goods in his or her country to send to foreigners who are not resident in the country.
Therefore, Teenager in college who want to work in manufacturing that requires a bachelors degree will be a purchasing agent.
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The bookkeeper for Dr. Mark Scholz, DVM, informed the veterinarian that the business' revenue for the day was $18,920. Which statement below best describes how the bookkeeper would record this?
a. $18.920 would be recorded on the credit side of the revenue account.
b. $18,920 would be recorded on the debit side of the purchases account.
c. $18,920 would be recorded on the credit side of the cash account.
d. $18.920 would be recorded on the debit side of the owner's equity account.
Answer:
A)$18,920 would be recorded on the credit side of the revenue account.
Explanation:
Based on the information given the statement
what best describes how the bookkeeper would record the business' revenue amount is that the amount of $18,920 which is the revenue Amount incurred will be recorded on the CREDIT SIDE of the revenue account reason been that we were told that bookkeeper told the veterinarian that the business' revenue amount r ecognized for the day was the amount of $18,920.
What can you infer about Presidential vetoes?
A Presidents almost never veto bills sent to them by Congress
B The Constitution prevents the President from vetoing too many bills
C The President is more likely to veto bills that originate in the House of Representatives
D When the President vetoes a bill, it's very rarely overridden by Congress
Answer:
d i think i might need some more context to answer better
Explanation:
You should use a(n) _____________ to track the mean diameter of the pipe for a manufacturing process producing copper pipes.
Answer: String
Explanation:
How the measurement is done with a string;
•Wrap a string around the pipe.
•Mark the point where the string touches together.
•Use a ruler or measuring tape to find the length between the tip of the string and the mark you made (circumference)
•Divide the circumference by 3.14159.
Select the pairing that is correctly matched. A. Preferred stock: may be purchased by converting common stock shares into preferred ones B. Common stock: holders can mail in their votes if they can't attend a company's annual general meeting C. Common stock: may come with an additional dividend provision attached to company financial goals D. Preferred stock: is a less stable investment than common stock with fewer rights of ownership
Answer:
C. Common stock: may come with an additional dividend provision attached to company financial goals
Explanation:
Dividends may have certain provisions that will have to be met for them to be disbursed to the Common Stock Holders that may be in accordance with Company financial goals. For example dividends may only be distributed when a certain level of profit is reached or when shares trades at a certain price.
Therefore,
The pairing that is correctly matched is Common stock: may come with an additional dividend provision attached to company financial goals
The correct pair is Common stock: may come with an additional dividend provision attached to company financial goals. The correct option is c.
Common stock is a type of security that represents corporate equity ownership. Outside of the United States, the terms voting share as well as ordinary share are also commonly used. In the United Kingdom and other Commonwealth countries, they are referred to as equity shares and ordinary shares. This type of share entitles the holder to a portion of the company's profits as well as the right to vote on corporate policy as well as the composition of the board of directors.
Owners of common stock do not directly own the company's assets; instead, each stockholder holds a fractional interest in the company, which owns the assets.
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Which of the following is true of a business rule management system (BRMS)?
a. A BRMS establishes a network of warehouses for storing products and delivering them tocustomers.
b. A BRMS avoids potential bottlenecks and lengthy delays in implementing organizational and process changes.
c. A BRMS provides users with the ability to see a colleague’s availability status and schedule meetings.
d. A BRMS allows users to create and edit Web page content freely using any browser or wiki software.
Answer: b. A BRMS avoids potential bottlenecks and lengthy delays in implementing organizational and process changes.
Explanation:
A Business Rule Management System (BRMS) refers to the rules that a business follows in software form. The decision process of the business is automated by this process thereby leading to increased efficiency and effectiveness.
Because the BRMS embodies the decision making process of the company, its automated processes avoids potential bottlenecks and lengthy delays in implementing organizational changes because it already knows how the business should react to certain actions.
Public goods are any goods provided by units of local, state, or federal governments. a. true b. false
Answer:
hi
Explanation:
the answer is A) true
i hope it helps
Indicate whether each of the following actions represents foreign direct investment or foreign portfolio investment.
a. Opening a retail store in a foreign country
b. Buying corporate stock in a retail chain in a foreign country
Answer: a. Foreign direct investment
b. Foreign portfolio investment
Explanation:
a. Opening a retail store in a foreign country is a foreign direct investment. This simply means a scenario whereby one establishes a business in another country that is different from ones own country. For example an American establishing a business in Japan is a foreign direct investment.
b. Buying corporate stock in a retail chain in a foreign country is a foreign portfolio investment. This is a situation when one buys shares, bonds etc in another country.
Last year you bought a house for $200,000, and you sell the house this year for $230,000. Unfortunately, the government makes you pay taxes on your capital gains. Assume that the capital gains tax rate is 20%. Over the year, the CPI increased from 110 to 115.5.
1. What is your after-tax real return?.2 Suppose that the CPI increased from 110 to 121. What is your after-tax real return now?
Answer:
1. After-tax real return = $22,857.14
2. After-tax real return now = $21,818.18
Explanation:
To calculate these, we first claculate the following:
Capital gains = House selling price - House purchase price = $230,000 - $200,000 = $30,000
Capital gains tax = Capital gains * Capital gains tax rate = $30,000 * 20% = $6,000
Nominal after tax return = Capital gains - Capital gains tax = $30,000 - $6,000 = $24,000
Therefore, we have:
1. Over the year, the CPI increased from 110 to 115.5, what is your after-tax real return?
After-tax real return = Nominal after tax return / (New CPI / Old CPI) = $24,000 / (115.5 / 110) = $22,857.14
2 Suppose that the CPI increased from 110 to 121. What is your after-tax real return now?
After-tax real return now = Nominal after tax return / (New CPI / Old CPI) = $24,000 / (121 / 110) = $21,818.18
Sales $1,100,000 Average operating assets $600,000 Residual income $42,000 Return on investment 22% The company's required rate of return was:
Answer:
15%
Explanation:
Required rate of return = Net operating income other than income others / Average operating assets
Required Rate of Return = $90,000/$600,000
Required Rate of Return = 0.15
Required Rate of Return = 15%
Thus, the company's required rate of return is 15%
Workings
Return on Investment = Net Profit/Total investments*100
Net income = Return on investment*Total Investments
Net income = $600,000 * 22%
Net income = $132,000
Thus, Net Operating income = Net income - Residual income = $132,000 - $42,000 = $90,000.
Suppose that the market demand curve for bean sprouts is given by P = 1,660 - 4Q, where P is the price and Q is total industry output. Suppose that the industry has two firms, a Stackleberg leader and a follower. Each firm has a constant marginal cost of $60 per unit of output. In equilibrium, total output by the two firms will be:_______.a. 200. b. 400. c. 50. d. 100. e. 300.
Answer:
In equilibrium, total output by the two firms will be option e= 300.
Q = [tex]q_{1}[/tex] + [tex]q_{2}[/tex]
Q = 100 + 200
Q = 300
Explanation:
Data Given:
Market Demand Curve = P = 1660-4Q
where, P = price and Q = total industry output
Each firm's marginal cost = $60 per unit of output
So, we know that Q = [tex]q_{1}[/tex] + [tex]q_{2}[/tex]
where [tex]q_{}[/tex] being the individual firm output.
Solution:
P = 1660-4Q
P = 1660- 4([tex]q_{1}[/tex] + [tex]q_{2}[/tex])
P = 1660 - 4[tex]q_{1}[/tex] - 4[tex]q_{2}[/tex]
Including the marginal cost of firm 1 and multiplying the whole equation by [tex]q_{1}[/tex]
Let's suppose new equation is X
X = 1660[tex]q_{1}[/tex] - 4[tex]q_{1} ^{2}[/tex] - 4[tex]q_{1}[/tex][tex]q_{2}[/tex] - 60[tex]q_{1}[/tex]
Taking the derivative w.r.t to [tex]q_{1}[/tex], we will get:
[tex]X^{'}[/tex] = 1660 - 8[tex]q_{1}[/tex] - 4[tex]q_{2}[/tex] - 60 = 0
Making rearrangements into the equation:
8[tex]q_{1}[/tex] + [tex]q_{2}[/tex] = 1660 - 60
8[tex]q_{1}[/tex] + [tex]q_{2}[/tex] = 1600
Dividing the whole equation by 4
2[tex]q_{1}[/tex] +[tex]q_{2}[/tex] = 400
Solving for [tex]q_{1}[/tex]
2[tex]q_{1}[/tex] = 400 - [tex]q_{2}[/tex]
[tex]q_{1}[/tex] = 200 - 0.5 [tex]q_{2}[/tex]
Including the marginal cost of firm 1 and multiplying the whole equation by [tex]q_{2}[/tex]
P = 1660 - 4[tex]q_{1}[/tex] - 4[tex]q_{2}[/tex]
Let's suppose new equation is Y
Y = 1660[tex]q_{2}[/tex] - 4[tex]q_{1}[/tex][tex]q_{2}[/tex] -4[tex]q_{2} ^{2}[/tex] - 60[tex]q_{2}[/tex]
Pugging in the value of [tex]q_{1}[/tex]
Y = 1660[tex]q_{2}[/tex] - 4[tex]q_{2}[/tex](200 - 0.5 [tex]q_{2}[/tex]) -4[tex]q_{2} ^{2}[/tex] - 60[tex]q_{2}[/tex]
Y = 1660[tex]q_{2}[/tex] - 800[tex]q_{2}[/tex] +2[tex]q_{2} ^{2}[/tex] -4[tex]q_{2} ^{2}[/tex] - 60[tex]q_{2}[/tex]
Y = 1600[tex]q_{2}[/tex] - 800[tex]q_{2}[/tex] -2[tex]q_{2} ^{2}[/tex]
Taking the derivative w.r.t [tex]q_{2}[/tex]
[tex]Y^{'}[/tex] = 1600 - 800 - 4[tex]q_{2}[/tex] = 0
Solving for [tex]q_{2}[/tex]
4[tex]q_{2}[/tex] = 800
[tex]q_{2}[/tex] = 200
[tex]q_{1}[/tex] = 200 - 0.5 [tex]q_{2}[/tex]
Plugging in the value of [tex]q_{2}[/tex] to get the value of [tex]q_{1}[/tex]
[tex]q_{1}[/tex] = 200 - 0.5 (200)
[tex]q_{1}[/tex] = 200 - 100
[tex]q_{1}[/tex] = 100
Q = [tex]q_{1}[/tex] + [tex]q_{2}[/tex]
Q = 100 + 200
Q = 300
Hence, in equilibrium, total output by the two firms will be option
e= 300.
Universal Sports Supply began the year with an accounts receivable balance of $130,000 and a year-end balance of $150,000. Credit sales of $645,000 generate a gross profit of $215,000. Calculate the receivables turnover ratio for the year. (Round your final answer to 1 decimal place.)
Answer:
The answer is 4.6
Explanation:
The formula for receivable turnover equals:
Net sales (credit sales) ÷ average accounts receivable
Average accounts receivable =
($130,000 + $150,000) ÷ 2
$280,000 ÷ 2
= $140,000
Therefore, receivables turnover ratio is
$645,000/$140,000
= 4.6
Which of the following is responsible for conducting an independent
examination of a company's financial statements and records?
-Auditor
-Bookkeeper
-Stakeholder
-Controller
Answer:
-Auditor
Explanation:
The auditor is responsible for conducting an independent examination of the financial statements and records of the company. he or she checks whether the company follows the accounting principles, norms, etc as prescribed and according to that he or she give the qualified or unqualified report
Therefore as per the given situation, the option a is correct
Briefly evaluate the effectiveness of artificial trade barriers, such as tariffs and import quotas, as a way to achieve and maintain full employment throughout the U.S. economy. How might such policies reduce unemployment in one U.S. industry but increase it in another U.S. industry?
Answer: Reduction of imports will move spending on another national output to spending on domestic output
Explanation:
Artificial tree barrier such as tariff and import quotas reduce unemployment in one US industry and has another industry increase it's productivity due to this effect. Reduction of imports will move spending on another national output to spending on domestic output, this would cause the domestic output and employment to rise
In an effort to create a healthcare safety net, the government requires employers to provide healthcare coverage to all employees. What impact will this increased coverage have on the demand for doctors in the short run?
a. It will increase the demand.
b. It will decrease the demand.
c. It will not affect the demand.
Answer:
a. It will increase the demand.
Explanation:
In the short-run, the increased healthcare coverage will increase the demand for doctors. However, in the long-run the demand will stabilize relatively. Then, it will the increased coverage of healthcare required from employers will no longer affect the demand for the services of doctors. Demand in the short-run is always increasing until an equilibrium is reached where the market forces of demand and supply become equal.
Which of the following best explains why buying a single-family home in a city
is a good investment?
A. Mortgage payments on houses are generally lower than rent on
urban apartments.
B. Low crime rates in the city make it safe to invest in a single-family
home.
C. Housing prices in cities generally increase more quickly than
anywhere else.
D. Living in the city puts people in closer proximity to high-paying
jobs.
SUBMIT
Under the Tax Cuts and Jobs Act (TCJA), to reduce waste, fraud, and abuse, a taxpayer is required to provide which of the following in order to claim the refundable Earned Income Tax Credit?
A. Valid Driver's License Number.
B. Work-eligible Social Security Number (SSN).
C. U.S. Military ID card.
D. U.S. Passport.
Answer: B. Work-eligible Social Security Number (SSN).
Explanation:
President Trumo signed The Tax Cut and Jobs Act (TCJA) into law. The changes brought about reduction in taxes paid by economic agents like the household and firms.
For example, there was reduction in the rate of corporate income tax from about 35% - 21%. The income tax rate for individuals were also reduced. It should be noted that for one to be able to claim the refundable Earned Income Tax Credit, such person must provide his or her Work-eligible Social Security Number (SSN)..
Interview notesRebecca was single on December 31, 2020. Her husband, Doug Washington, passed away on March 20, 2019, and she has not remarried. Rebecca and Doug have always filed Married Filing Jointly in previous tax years. Rebecca and Doug have two children, Sara, age 15 and David, age 11. Rebecca is 45 years old. Rebecca earned $36,000 in wages in tax year 2020. This was her only source of income. Each of the children received $200 in Social Security Survivor Benefits for the year, which Rebecca put into a college fund for their education. Rebecca paid all the cost to keep up her home and support for Sara and David. Rebecca received $2,200 in an Economic Impact Payment. In order to work, Rebecca paid $3,100 to ABC Academy for after-school child care. The statement from the care provider includes the provider's name, address, valid Employer Identification Number, and the amount paid for child care expenses for David ($2,500) and Sara ($600). They all are U.S. citizens and have valid Social Security numbers. 1. What is the most beneficial filing status allowable for Rebecca? A. Single.B. Married Filing Jointly.C. Head of Household.D. Qualifying Widow(er).2. Rebecca has $3,100 in qualifying child care expenses for the child and dependent care credit. A. TrueB. False
Answer: 1.D.
2. True
Explanation:
The story plot of Rebecca is about the newly married couple who arrived at the family estate and finds some unnatural activities in the house. It was the most unathietic that he was getting some of the vibes of his first wife named, Rebecca, whose legal rights were on the house long after the death also.
1. The correct answer is D. Qualifying Widow(er)
2. The correct answer is true.
Option D. Qualifying Widow(er) is correct because it is the most beneficial filing status for Rebecca because she was a good and also achievable person. Her achievements in the context specify that she was a scholar as well.
Option True is correct because the statement mentioned in the context is true as per the content in the question.
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The pattern in which a lab scope shows all the cylinders firing in sequence is called the:________
a. Parade pattern.
b. Raster pattern.
c. Spark line.
d. Firing line.
Answer: parade pattern
Explanation:
To evaluate condition of an ignition system, the primary tool that is typically used is the lab scope or the oscilloscope. While the time is being displayed in an horizontal manner, the voltage is being displayed in a vertical manner.
The pattern The pattern in which a lab scope shows all the cylinders firing in sequence is simply referred to as the parade pattern. It simply shows the amount of voltage that'll be needed to fire the spark plugs.
The formation of an interest group in response to a perceived need is known as _________
Answer:
Disturbance theory
Explanation:
The creation of an interest group in response to a perceived need is known as DISTURBANCE THEORY.
DISTURBANCE THEORY occur in a situation where people or group of people decided to create an INTEREST GROUP when they are not satisfied with the current situation of their environments or when their perceived need or immediate need are not meant due to unavailability of resources or when their is changes in government rules or policy which the group of people are against because they are not satisfied with the policy.
Angela borrowed $30,000 for her college tuition at 3% per year convertible quarterly. Her father agreed to make payments until the outstanding balance was less than $10,000. At that time Angela would make payments until the loan would be repaid. The length of the loan is for 15 years and level payments are made on an annual basis. How many payments will Angela need to make
Answer:
4 payments
Explanation:
Loan amount = 30,000
Nominal annual interest rate = 3% = 0.03
Effective annual interest rate = (1+0.03/4)^4 - 1 = 1.0075^4 - 1 = 1.03033919066 - 1 = 0.03033919066 = 3.03%
No of annual payment = 15
Annual payment = PMT(Effective annual interest rate, No of annual payment, -Loan amount, 0)
Annual payment = PMT(3.03%, 15, -30,000, 0)
Annual payment = $2,519.17
Remaining balance = $10,000
Number of annual payments to get desired remaining balance = Nper(Effective annual interest rate, -Annual payment, Loan amount, -Remaining balance, 0)
= Nper(3.03%, -2,519.17, 30,000, -10,000, 0)
= 11
Number of annual payments to get desired remaining balance = 11. So, number of annual payment Angela need to make is 4 (15-11).
Consumers who put a high value on a serviceA) are better off with perfect price discrimination.B) are better off under a single-price monopoly.C) are indifferent between perfect price discrimination and a single-price monopoly.D) incur deadweight loss under either single-price monopoly or perfect price discrimination.
Answer:
b. are better off under a single-price monopoly
Explanation:
Consumers who put a high value on a service are better off under a single-price monopoly. Under perfect price discrimination, every consumer is charged equal to the maximum willingness to pay then in the case of a high value on service person will be charged very high than a single price monopoly so the consumer is better with single-price monopoly.
On average, an American shopper has to choose among _______ times as many products as he actually buys.
a. 10
b. 100
c. 1,000
d. 10,000
Answer: b. 100
Explanation:
With the market being so competitive in the United States, it has always been know that there are so many different products serving the same need to American customers which means that they have to choose from all these different products.
Studies have shown that the average number of these different products is 100 which means that an American shopper has to choose from among 100 times as many products as they actually end up buying.