Prepare tiker company's journal entries to record the following transactions and the adjusting entry to record the fair value of the stock investments portfolio. this is the first and only time the company purchased such securities.

may 9 purchases 440 shares of higo stock as a short-term investment at a cost of $49 per share. tiker has insignificant influence over higo.
june 2 sells 200 shares of its investment in higo stock ($9,800 cost) at $52 per share.
december 31 the closing market price (fair value) of the higo stock is $47 per share.

Write short notes on the following supply chain management terms: a. RFX b. Selection c. Communication with suppliers d. Cost of raw materials

Learn more about management terms: https://brainly.com/question/24107115

#SPJ11

Although he appears to be an ethical leader who models organizational values, the ethical requirement which rob fail to meet in this scenario is that rob has not established reporting mechanisms.

Victims or eyewitnesses as well as their supporters, can use reporting channels for reporting crimes or violations. Safe, easily available, and confidential reporting methods are essential so that all learners may safely report violence and abuse and know that they will be supported if they so want. The Ethics and Compliance Hotline is an anonymous reporting method that allows for the reporting of potentially unlawful, unethical, or incorrect behavior when usual routes of communication have proven unsuccessful or are unworkable under the circumstances.

An organization's values are a collection of essential principles that it holds. They serve as guiding principles for an organization, giving it purpose and direction while also setting the tone for interactions with customers, workers, and other stakeholders.

Therefore, option D is the correct answer.

Learn more about Ethics here:

https://brainly.com/question/2222369

#SPJ4

a) The minimum order size in sales dollars for Kucera to break even on an order is  $8,000.

b) The minimum annual sales required to break even on a customer is $60,000

c)  The average order size in (b) is $12,000.

1. Multiple-Level Break-Even analysis :that calculates break-even points for different levels of the cost structure, including unit-level, sales-level, customer-level, and facility-level costs.
2. Unit-level costs: Variable costs incur red for each sales dollar.
3. Sales-level costs: Fixed costs associated with each sales order.
4. Customer-level costs: Fixed costs a ssociated with servicing each customer per year.
5. Facility-level costs: Fixed costs associated with maintaining the overall facility per year.

Now, let's address each part of your question:

(a) To determine the minimum order size in sales dollars for Kucera to break even on an order, you need to consider the unit-level and sales-level costs. Using the formula:

Break-even sales = (Sales-level costs) / (Commission rate - Unit-level costs)

Minimum order size = ($400) / (0.10 - $0.05) = $8,000.

(b) To determine the minimum annual sales required to break even on a customer, you need to consider customer-level and facility-level costs along with the average number of orders per customer:

Break-even sales per customer = (Customer-level costs + (Sales-level costs × Avg. orders per customer)) / (Commission rate - Unit-level costs)

Minimum annual sales = ($1,000 + ($400 × 5)) / (0.10 - $0.05) = $60,000.

(c) To find the average order size in (b), divide the minimum annual sales by the average number of orders per customer:

Average order size = Minimum annual sales / Avg. orders per customer

Average order size = $60,000 / 5 = $12,000.

To know more about sales, refer here :

https://brainly.com/question/29436143#

#SPJ11

The right to buy an asset for a certain price describes a call option. So, correct option is A.

A call option is a type of financial contract that provides the holder with the right, but not the obligation, to purchase a specific underlying asset at a predetermined price, known as the strike price, before a specified expiration date.

The holder of the call option will only exercise the right to purchase the underlying asset if the market price of the asset is higher than the strike price.

In other words, a call option is an agreement between the buyer and seller that gives the buyer the option to buy an asset at a set price for a specified time.

Call options are commonly used in financial markets as a way to manage risk or speculate on the future price movement of an underlying asset. They are often used by investors to hedge against potential losses or to generate profit through price speculation.

So, correct option is A.

To learn more about call option click on,

https://brainly.com/question/31078036

#SPJ4

The amount of write-offs during the year is$60,640.

From the question;

Net sales = $1,137,000

Bad Debt Expense = $90,960

Accounts receivable beginning of year = $363,840

Accounts receivable end of year = $181,920

Allowance for doubtful accounts, beginning of year = $63,672

Allowance for doubtful accounts, end of year = $93,992

Written off is an accounting term that refers to a reduction in the value of an asset or account. It is a form of loss that occurs when an asset or account is deemed to be uncollectible or no longer of value to the business.

In other words, the asset or account is written off as a bad debt, meaning that the business is no longer expecting to get any value out of it.

Amount written off = Beginning allowance for Doubtful accounts + Bad debts expense - Closing allowance for doubtful accounts

Substitute the value

Amount written off = 63,672 + 90,960 - 93,992

Amount written off = 60,640

To learn more about Amount written off link is here

brainly.com/question/30531665

#SPJ4

The indigestible portion of food that helps keep our digestive tract working properly is called dietary fiber. Dietary fiber is a type of carbohydrate that cannot be broken down by the digestive enzymes in the small intestine.

Instead, it passes through the digestive tract relatively intact, providing bulk and promoting regularity.Dietary fiber is found in plant-based foods such as fruits, vegetables, whole grains, beans, and nuts. There are two types of dietary fiber: soluble and insoluble. Soluble fiber dissolves in water and forms a gel-like substance in the digestive tract, while insoluble fiber does not dissolve in water and adds bulk to the stool.

Fiber has several important health benefits, including promoting regular bowel movements, reducing the risk of constipation, and improving overall digestive health. It can also help regulate blood sugar levels, lower cholesterol levels, and reduce the risk of heart disease, stroke, and certain types of cancer. It is recommended that adults consume between 25-30 grams of fiber per day.

To know more about dietary fiber click here

brainly.com/question/31180024

#SPJ11

The function of definition in language is to provide a clear and concise explanation of a word, phrase, or concept. This is done by stating the essential qualities or characteristics that make something what it is. A definition can help to establish a common understanding of a term and ensure that communication is clear and effective.

Differentiate between instruction and directives as types of imperative sentences:Imperative sentences are sentences that are used to give commands, instructions, or directives. They can be classified into two types: instruction and directives.Instruction sentences are used to give information about how to perform a task or carry out an action. They are usually accompanied by a sequence of steps or procedures that must be followed in order to achieve the desired outcome.

Directive sentences are used to give orders or commands to someone. They can be either positive or negative, depending on whether the speaker is telling someone to do something or not to do something. Directive sentences are often used in situations where there is a need for quick action or urgent attention to be paid to a particular matter.

Learn more about sentences: https://brainly.com/question/552895

#SPJ11

Here is the answer for shared question:

a) To allocate Blossom's total selling price for the irrigation system and installation to the two performance obligations (delivery of the irrigation system and installation), we need to use the relative standalone selling price method. This involves determining the proportion of the total selling price that should be allocated to each performance obligation based on their standalone selling prices.

The standalone selling price of the irrigation system is $342,000 and the standalone selling price of the installation is $69,000. Therefore, the total standalone selling price is $411,000 ($342,000 + $69,000).

Using this information, we can calculate the allocation of the total selling price as follows:

Irrigation system: $342,000 / $411,000 x $375,000 = $312,195.12

Installation: $69,000 / $411,000 x $375,000 = $62,804.88

Therefore, the allocation of the total selling price for the irrigation system and installation is as follows:

Irrigation system: $312,195.12

Installation: $62,804.88

b) Blossom delivered the irrigation system on March 14, 2017. Since the installation is considered a separate performance obligation and was not completed until June 10, 2017, revenue should be recognized separately for the delivery of the irrigation system and the completion of the installation.

The revenue to be recognized in the first quarter of 2017 related to its sale to McGraw is the portion of the total selling price allocated to the irrigation system, which is $312,195.12.

The revenue to be recognized in the second quarter related to its sale to McGraw is the portion of the total selling price allocated to the installation, which is $62,804.88.

Therefore, the revenue to be recognized in the first quarter is $312,195.12, and the revenue to be recognized in the second quarter is $62,804.88.

To know more about installation, refer here:

https://brainly.com/question/13267432#

#SPJ11

1. The net cash settlement on that day i.e., April 30, 2022 would be $30,000

2. The journal entry will be:

Accounts Payable $630,000

Loss on Futures Contract $30,000

Fair Value Adjustment $13,000

Cash $647,000

1. To calculate the net cash settlement on April 30, 2022, we need to consider the difference between the fixed price of $63 per ton and the actual market price on that day.

On March 31, 2022, the market price of iron ore was $61 per ton, which means that Arlington would have a gain of $2 per ton on their futures contract. However, as the futures contract is a net cash settlement, the gain would be settled in cash.

Therefore, the net cash settlement on April 30, 2022, would be:

($63 - $61) x 10,000 tons = $20,000

On April 30, 2022, the market price of iron ore fell further to $60 per ton, which means that Arlington would have a gain of $3 per ton on their futures contract. Therefore, the net cash settlement on that day would be:

($63 - $60) x 10,000 tons = $30,000

2. The journal entries to record the firm commitment, necessary adjustments for changes in fair value, and settlement of the futures contract are as follows:

January 3, 2022:

Accounts Payable (10,000 tons x $63/ton) $630,000

Commitment to purchase iron ore pellets

To record the firm commitment to purchase 10,000 tons of iron ore pellets at a fixed price of $63/ton on April 30, 2022.

March 31, 2022:

Loss on Futures Contract $20,000

Fair Value Adjustment $20,000

To record the fair value adjustment for the futures contract due to the decrease in the market price of iron ore to $61/ton on March 31, 2022.

April 30, 2022:

Accounts Payable $630,000

Loss on Futures Contract $30,000

Fair Value Adjustment $13,000

Cash $647,000

To record the settlement of the firm commitment to purchase 10,000 tons of iron ore pellets and the futures contract to sell 10,000 tons of iron ore. The loss on the futures contract is the difference between the fixed price and the actual market price on April 30, 2022, which is $3 per ton or $30,000 in total. The fair value adjustment is the difference between the fair value of the futures contract on April 30, 2022, and its fair value on March 31, 2022, which is $13,000. The cash amount of $647,000 represents the net cash settlement amount that Arlington pays to the supplier after receiving the cash settlement from the futures contract.

In summary, by entering into the futures contract, Arlington Steel Company was able to protect itself against changes in the fair value of its commitment to purchase iron ore pellets. The fair value adjustments and the settlement of the futures contract were properly recorded through journal entries, allowing for accurate reporting of the company's financial performance.

To know more about journal entry, refer to the link below:

https://brainly.com/question/15986701#

#SPJ11

In addition to Brazil, Russia, India, and China, the three other emerging markets that make sense for international business growth are Mexico, Indonesia, and Turkey.

Mexico has a large and growing population, a strategic location near the United States, and a diverse economy with strengths in manufacturing, energy, and agriculture. It also has a stable political climate and a growing middle class, making it an attractive market for consumer goods and services.

Indonesia is the fourth most populous country in the world, with a rapidly expanding middle class and a diverse economy driven by manufacturing, agriculture, and natural resources. It is also a member of the G20 and has made significant progress in reducing poverty and improving infrastructure.

Turkey is strategically located at the crossroads of Europe and Asia, with a young and growing population and a rapidly developing economy. It has strengths in manufacturing, tourism, and energy, and has made significant progress in improving its infrastructure and business environment.

Overall, these emerging markets offer significant opportunities for international business growth, with large and growing populations, diverse economies, and improving infrastructure and business environments.

Learn more about Markets: https://brainly.com/question/24906199

#SPJ11

Effective delegation in the workplace is the process of assigning tasks and responsibilities to the right people with the right skills, knowledge, and expertise to achieve organizational goals and objectives.

Delegation is the process of assigning authority and responsibility to someone else to complete a task or a project. Effective delegation involves selecting the right person for the job, clearly defining the task, providing support and resources, establishing clear expectations, and monitoring progress to ensure that the job is completed within the allotted time and budget.

Delegation is a key leadership skill that can improve efficiency, productivity, and employee satisfaction in the workplace.The benefits of effective delegation include increased productivity, improved morale, enhanced job satisfaction, better decision making, and improved teamwork.

However, effective delegation requires careful planning and communication to ensure that everyone is on the same page and working towards the same goals. Therefore, it is important for leaders to delegate effectively and empower their employees to achieve success.

You can learn more about effective delegation at

https://brainly.com/question/13104914

#SPJ11

Ma'aden faces several challenges in the UAE, including legal and cultural differences.

Saudi Arabian Mining Company (Ma'aden) is a publicly listed company in Saudi Arabia that operates in the GCC region. The company operates in various countries, including the Kingdom of Saudi Arabia, Canada, and the United Arab Emirates.

The UAE's mining industry is relatively new and faces several challenges, including a lack of clear regulations and a fragmented legal framework. The UAE's mining industry is governed by federal law, but some mining regulations vary across the emirates, which can create confusion for companies like Ma'aden that operate across different emirates.

Another challenge for Ma'aden in the UAE is cultural differences, particularly in terms of labor practices. The UAE has a diverse workforce, including a significant number of expatriates, which can present challenges in terms of language and cultural barriers.

Learn more about mining industry

brainly.com/question/17038301

#SPJ11

The contribution margin of $680,000 covers the fixed costs of $469,200 and generates a net income of $210,800. This means that Zhao Company is profitable and has a positive contribution margin per unit, indicating that it is generating enough revenue to cover the variable costs and contribute to the fixed costs and profits.

To prepare a contribution margin income statement for Zhao Company, we need to calculate the contribution margin per unit and the total contribution margin for the year. We also need to deduct the fixed costs from the total contribution margin to determine the net income.

Firstly, let's calculate the contribution margin per unit:

Contribution Margin per unit = Sales price per unit - Variable cost per unit

Contribution Margin per unit = $193 - $125 = $68

Secondly, let's calculate the total contribution margin for the year:

Total Contribution Margin = Contribution Margin per unit x Number of units sold

Total Contribution Margin = $68 x 10,000 = $680,000

Now, we can prepare the contribution margin income statement for Zhao Company:

Zhao Company Contribution Margin Income Statement

For the Year Ended December 31

Sales revenue (10,000 units x $193 per unit) $1,930,000

Variable costs (10,000 units x $125 per unit) $1,250,000

Contribution margin $680,000

Fixed costs $469,200

Net Income $210,800

In conclusion, preparing a contribution margin income statement helps us understand the financial performance of a company by focusing on the contribution margin generated by its products. By analyzing the contribution margin, we can determine the profitability of the company and make informed decisions about its future operations.

Click the below link, to learn more about contribution margin:

https://brainly.com/question/29534784

#SPJ11

The long run is a planning period during which the firm can vary all inputs including its plant size.

A company can regard all inputs as variables over the long term when planning. There is a time frame known as the long run during which all cost and production elements are erratic. Firms can alter all costs over the long term, but in the near term, they can only affect pricing by changing their production levels. A company may also anticipate challenge in the long run, even though it may currently have a dominance in the near term.

A long run is a period of time when a producer or manufacturer may be flexible with its manufacturing choices. On the basis of anticipated earnings, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.

Option B is the correct answer.

Learn more about Production here:

https://brainly.com/question/16755022

#SPJ4

The accounts receivable turnover of Pepperdine is 9.7. Option E is correct.

The accounts receivable turnover ratio is a measure of how quickly a company collects cash from its customers. It is calculated by dividing the net sales by the average accounts receivable for a given period.

The accounts receivable turnover of Pepperdine can be calculated as:

Accounts Receivable Turnover = Net Sales / Average Accounts Receivable

Plugging in the values given in the question, we get:

Accounts Receivable Turnover = $8,600 million / $890 million

                                                    = 9.7

As a result, Pepperdine's accounts receivable turnover is 9.7.

It's important to note that the interpretation of the accounts receivable turnover ratio may vary depending on the industry and the company's specific circumstances. Option E is correct.

To know more about the Net income, here

https://brainly.com/question/29355623

#SPJ4

If you choose to display recommendations on your LinkedIn profile, you should generally limit the number to one or two per position. This ensures that the recommendations are genuine and relevant to the position in question.

Recommendations on LinkedIn are statements written by LinkedIn users about another user's experience, skill, or proficiency. They are a vital element of a LinkedIn profile and provide social proof of your experience and abilities. A recommendation might be from a former manager, coworker, or someone else who knows you and your work. Recommendations are an excellent way to show your worth to prospective employers or clients, as they provide an unbiased third-party viewpoint.

The number of recommendations that should be displayed on a LinkedIn profile varies based on several factors, including the length of the work experience and the number of recommendations obtained. However, as stated earlier, it is usually advisable to limit the number of recommendations per position to one or two. If you have many recommendations, you can select the most relevant and powerful ones to highlight on your profile, rather than displaying all of them.

You can learn more about LinkedIn at

https://brainly.com/question/12900543

#SPJ11

The operating profit presented for Segment No. 1 for the year is $70,000.

The operating profit presented for Segment No. 1 for the year should be calculated by subtracting the traceable costs of $200,000 from the sales of $450,000 for a total of $250,000. This total, however, does not take into account any of the common costs for Cream Company which should be allocated to the reportable segment.

To determine the amount of common costs that should be allocated to Segment No. 1, the ratio of the segment's sales to total sales of the company should be calculated. In this case, since Segment No. 1 contributed 60% of Cream's total sales, 60% of the total common costs should be allocated to the segment.

In this case, that would be $180,000 (60% of the $300,000 total common costs). When this amount is subtracted from the $250,000 total, the operating profit presented for Segment No. 1 for the year is $70,000.

know more about traceable costs here

https://brainly.com/question/29106665#

#SPJ11

Based on your question, I'll provide a concise answer regarding the accounting errors made by Wilkins Food Products Inc.

a. The accounts that are incorrect as a result of the errors in the amortization schedule at January 1, 2018, are Interest Expense, Interest Payable, and the carrying value of the Packaging Machine. The Interest Expense was understated by $50,000 in 2019 and $45,000 in 2020. Consequently, Interest Payable is also understated, as it represents the amount of interest owed but not yet paid. Lastly, the carrying value of the Packaging Machine is affected since the principal payments would have been calculated based on the incorrect interest amounts.

b. To correct the error, the following journal entry should be made:

Interest Expense 95,000
  Interest Payable 95,000

This journal entry adjusts the Interest Expense and Interest Payable by the total understated amount from 2019 and 2020 ($50,000 + $45,000 = $95,000).

c. In connection with the error, Wilkins Food Products Inc. should also revise the amortization schedule to reflect the accurate interest rates and payments. This will ensure that future calculations of interest expense and principal payments are correct. Additionally, the company should review its internal controls to prevent similar errors from occurring in the future.

Know more about "accounting errors".

https://brainly.com/question/31360071

#SPJ11

Clean123 Inc. will use the Income Summary account to close out its dividends account.

Clean123 Inc. is closing out its dividends account and must record a closing entry to transfer the balance to another account.

The four options presented are service revenue, retained earnings, income summary, and operating expenses. Of these options, Clean123 Inc.

would use the Income Summary account to close out its dividends account.

The Income Summary account is used to summarize all of the company's revenues and expenses for the accounting period and determine the net income or loss.

This account is used in the closing process to transfer the balances of temporary accounts, including dividends, to the Retained Earnings account, which is a permanent account that tracks the company's earnings over time.

For more such questions on Income, click on:

https://brainly.com/question/28390284

#SPJ11

The approximate standard deviation of the rates of return in the portfolio is approximately 3.57%.

To find the approximate standard deviation of the rates of return in the portfolio, we can use the normal distribution and the given information about the mean rate of return and the 80th percentile.

We know that the mean rate of return is 12%, which represents the 50th percentile in a normal distribution. We also know that the 80th percentile corresponds to a rate of return of 15%.

Using this information, we can use the standard normal distribution table or calculator to find the z-score that corresponds to the 80th percentile.

The z-score is a measure of how many standard deviations a value is from the mean in a normal distribution. In this case, the z-score is approximately 0.84.

We can use the formula for the z-score to calculate the standard deviation of the rates of return:

z = (x - μ) / σ

where z is the z-score, x is the value corresponding to the 80th percentile (15%), μ is the mean rate of return (12%), and σ is the standard deviation of the rates of return.

Rearranging this formula to solve for σ, we get :

σ = (x - μ) / z

Plugging in the values we have, we get :

σ = (15% - 12%) / 0.84 = 3.57%

Therefore, the approximate standard deviation of the rates of return in the portfolio is approximately 3.57%.

To know more about standard deviation refer here :

https://brainly.com/question/23907081#

#SPJ11

With the growth rate of the firm's profit is 7 percent, the interest rate is 9 percent and the current profits of the firm are $60 million the value of the firm is $2.1 billion.

according to the Gordon Growth Model

V = D / (r - g)

Where:

V = Value of the firm

D = Current year's dividends

r = Required rate of return

g = Growth rate of dividends

The growth rate of dividends is the same as the growth rate of profits

Dividends = Profit x Dividend Payout Ratio

Dividend Payout Ratio = 1 - Retention Ratio

Assuming that the firm's current profits are $60 million, the dividend payout ratio is 70%, and that the retention ratio (the percentage of profits that are reinvested) is 30%.

Dividends = $60 million x 70% = $42 million

Using  the Gordon Growth Model

V = $42 million / (9% - 7%) = $2.1 billion

Value of firm = $2.1 billion

Learn more about growth rate at:

brainly.com/question/28026065

#SPJ4

a. A library with only large-print books differentiates its products with a unique product feature (i.e. large-print books).

b. Starbucks' many stores in the same area differentiates its products with convenience and accessibility.

c. Jaguar Motors differentiates its products with a superior quality and luxurious design.

Product differentiation is a marketing tactic used by businesses to distinguish their goods or services from those of their rivals. It entails developing distinctive product features that set the product apart from rivals on the market, such as design, quality, performance, functionality, or branding. Companies can draw and keep customers who are willing to pay more for the distinctive features or advantages that their products offer by differentiating their products. Product differentiation can also give businesses a competitive edge by fostering customer loyalty to their brands.

Offering superior quality, a distinctive design, cutting-edge features, first-rate customer service, or lower prices are a few examples of product differentiation strategies.

To know more about   product differentiation    here

https://brainly.com/question/8107956

#SPJ4

Therefore, Almira needs to save in Scheme B for approximately 11.55 years to use her savings to purchase something currently valued at $1400, assuming a 2.5% annual depreciation rate.

A.i) Scheme A: After 5 years, Almira will have a total of $1000 + ($50 x 5) = $1250 in her account.

ii) Scheme B: After 5 years, Almira will have a total of $1000 x (1 + 0.04)^5 = $1216.65 in her account.

B. To achieve the same outcome as Scheme A, we need to find the interest rate that would give an annual increase of $50 on an initial investment of $1000. Using the formula for compound interest:

$1000 x [tex](1 + r)^5[/tex] - $1000 = $50 x 5

Solving for r, we get:

r = 1.94%

Therefore, an annual compound interest rate of 1.94% would achieve the same outcome as investing in Scheme A for five complete years.

C. Almira would be better off investing in Scheme B if the total amount in the account at the end of n years is greater than $1250 (the total amount in Scheme A after 5 years). Using the formula for compound interest, we can set up the inequality:

$1000 x[tex](1 + 0.04)^n[/tex] > $1250

Solving for n, we get:

n > 5.67

Therefore, for values of n greater than 5.67, Almira would be better off investing in Scheme B.

D. We can use the formula for compound interest to find the length of time Almira needs to save in Scheme B:

$1000 x[tex](1 + 0.04)^n[/tex]= $1400

Solving for n, we get:

n = 11.55

Learn more about depreciation rate Visit: brainly.com/question/30017765

#SPJ4

In order to determine whether employees would prefer subsidized child care or on-site health facilities, conducting focus groups would be an effective method.

These focus groups could involve a diverse group of employees from various departments and levels within the company. By gathering feedback from employees, the company can determine which benefit would be most valued by their workforce. It's important to note that offering subsidized child care or on-site health facilities would likely have different impacts on the employees' work-life balance, productivity, and overall job satisfaction. Therefore, it's crucial to weigh the pros and cons of each option before making a decision.

Ultimately, the goal should be to provide benefits that meet the needs and preferences of the employees, as this can lead to a more engaged and motivated workforce.

Learn more about employees here:

https://brainly.com/question/21847040

#SPJ11

One way to refer to additional information during a presentation is by using the Notes section of a slide.

This section allows presenters to add additional information, talking points, or reminders related to the content on each slide. The Notes section can only be viewed by the presenter and is not visible to the audience, which makes it a useful tool for keeping track of important details without cluttering the main presentation. Presenters can also use handouts or provide links to external sources for the audience to access additional information after the presentation. Referencing additional information helps to clarify key points and provide more context to the audience.

To know more about presentation, here

https://brainly.com/question/649397

#SPJ1

--The complete question is, What is a way to refer to additional information during a presentation?--

An illustration of an e-marketplace is a supplier of internet service. Option a is Correct.

The proprietor of the website manages all transactions in what is commonly referred to as an electronic marketplace. Online marketplaces are used by businesses to connect with consumers who wish to buy their goods and services. Online markets like Amazon, eBay, and Craigslist are examples. A virtual online market called an e-marketplace allows companies to sign up as buyers or sellers and conduct business-to-business e-commerce via the internet.

E-marketplaces come in a variety of shapes and sizes and use a variety of business methods. Any location where producers, merchants, or distributors sell and customers buy is a market. Websites, main streets, and stores are a few examples. The phrase may also be used to describe all customers who purchase a good or service.  Option a is Correct.

Learn more about e-marketplace Visit: brainly.com/question/30580095

#SPJ4

The rate of interest earned on the investment is approximately 6.92%.

To determine the rate of interest earned on an investment, we can use the formula for simple interest:

[tex]I = P * r * t[/tex]

Where I is the interest earned, P is the principal amount invested, r is the interest rate, and t is the time period.

In this case, the principal amount invested is $1,800, and the interest earned is $124.62 ($1,924.62 - $1,800). We also know that the time period is one year.

Substituting these values into the formula, we get:

[tex]124.62 = 1,800 * r * 1[/tex]

Solving for r, we get:

r = 124.62 / 1,800 = 0.06923

So the rate of interest earned on the investment is approximately 6.92%.

To know more about simple interest refer to-

https://brainly.com/question/25845758

#SPJ11

Customers are driven away because they still want to interact with a person for certain transactions.

While technology can help reduce costs and improve efficiency, it can also lead to unintended consequences such as alienating customers who prefer a more personal interaction for certain transactions. As a result, some customers may choose to take their business elsewhere, which could ultimately reduce the cost savings that the institution was hoping to achieve.

Moreover, the marginal cost of adding new customers tends to increase at an increasing rate, which means that as the customer base grows, the cost of serving each additional customer may become more expensive. Also, innovation of new products tends to take longer periods of time to attract new customers, which can slow down the process of acquiring new business and growing the customer base.

Learn more about technology at:

brainly.com/question/20366718

#SPJ4

The program development life cycle (PDLC) is a process that outlines the steps involved in creating software applications. The first step in the PDLC is the planning stage, where the goals and objectives of the program are identified. This includes determining the project scope, defining the target audience, and outlining the budget and timeline.

Once the planning stage is complete, the design phase begins. This involves creating the architecture of the program, including its user interface, database structure, and functionality. Developers then move to the implementation stage, where they write code and build the program. Testing and quality assurance are critical steps in the PDLC, ensuring that the program meets the standards of its intended audience. Once testing is complete, the program is ready for launch.

Finally, the maintenance phase involves ongoing updates and improvements to the program, including fixing bugs, adding new features, and optimizing performance. This phase is ongoing and continues for as long as the program is in use. In summary, the steps of the program development life cycle start with planning, followed by design, implementation, testing, launch, and maintenance. Each stage is critical to ensuring the success of the program and its ability to meet the needs of its intended audience.

To know more about program development life cycle click here

brainly.com/question/30034669

#SPJ11

Volume-based costing, also known as traditional costing, is a costing method that assigns indirect costs to products based on a single volume-based cost driver, such as direct labor hours, machine hours, or direct material costs. It assumes that the volume-based cost driver is the main cause of the indirect costs incurred in production. The formula for volume-based overhead rate is:

Volume-based overhead rate = Total estimated manufacturing overhead cost ÷ Total estimated volume-based cost driver

On the other hand, activity-based costing (ABC) is a costing method that assigns indirect costs to products based on multiple cost drivers that represent the activities required to produce the products. It recognizes that different activities consume different resources and cost drivers, and thus, more accurately reflects the true costs of production. The formula for ABC overhead rate is:

ABC overhead rate = Total estimated cost of each activity ÷ Total estimated cost driver of each activity

To calculate the overhead cost for a specific job using volume-based costing, you need to first calculate the overhead rate using the total estimated manufacturing overhead cost and the total estimated volume-based cost driver. Then, you multiply the overhead rate by the actual volume-based cost driver for the specific job. In this case, the volume-based cost driver is direct labor hours. The formula is:

Overhead cost for a job = Volume-based overhead rate x Actual direct labor hours for the job

Using the data provided, the volume-based overhead rate is calculated as follows:

Total estimated manufacturing overhead cost = $160,000 + $13,200 + $1,380 + $10,560 = $185,140

Total estimated direct labor hours = 2,315

Volume-based overhead rate = $185,140 ÷ 2,315 = $79.96 per direct labor hour

To calculate the manufacturing overhead for Job #971, you multiply the actual direct labor hours for the job (20) by the overhead rate:

Manufacturing overhead for Job #971 = $79.96 per direct labor hour x 20 direct labor hours = $1,599.20

Therefore, the closest answer to the manufacturing overhead for Job #971 using volume-based costing is option e, $1,600.

To know more about traditional costing , refer here :

https://brainly.com/question/15742146#

#SPJ11