Answer: 5% increase in net income.
Acme, Inc. had a net income of $120,000 in its 1st year and a net income of $126,000 in its 2nd year. The percentage increase in net income was 5%.
What is net income?Net Income = Total Revenue — Total Expenses.
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's activities.
It is calculated as the residual of all revenues and gains less all costs and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. If you are paid a salary, the annual salary you get from your company equals your yearly gross revenue.
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keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financial aid divisions, as well as their supervisors. to determine who should receive his memo, keitaro consults the
Based on the information given to determine who should receive his memo, keitaro consults the organization chart.
Organizational chart is a chart that help to illustrate a company or organization structure based on their rank and the job responsibilities assign to each one of them.
Based on the information given using the organization chart is the best as this will enable the university administrator to identify the right person to receive the official memo.
The university organization chart will show the person to receive the memo based on the rank and workload designated to each individual on the chart.
Inconclusion to determine who should receive his memo, keitaro consults the organization chart.
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Large stock dividends are recorded at _______ and small stock dividends are recorded at ______. Multiple choice question. market value; market value par value; par value cost; cost cost; par value par value; market value
Firms always distribute dividend to its shareholders. Large stock dividends are recorded at par value and small stock dividends are recorded at market value
Large stock dividends are simply referred to as new shares issued that are more than 25% of the value of the total shares outstanding before dividend.The journal entry is known to transfers the par value of the said shares from retained earnings to paid-in capital.
The stock market often see and adjust for the changing value of each share as the company have an increased number of shares.
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Question down below, Please answer if you know :)
Answer:
d
Explanation:
assets are what give u profit so a loan would be an asset for the person giving the loan.
Rinaldo is an expat working in Singapore. As part of his compensation package, a chauffeur drives him to and from work each day. The chauffer is an example of a(n) Multiple Choice wage. allowance. bonus. perk.
The chauffeur is an example of Perk because the benefit is enjoyed because Rinaldo works for the company.
Basically, Perk is recognized as an advantage / benefit that an employees gets because of working for the company.
For instance, getting free ride, lunch, donations from staffs are all examples of perks.
Here, the Chauffeur driver does drive Rinaldo to and from work because it is part of his compensation package.
This benefit of this transportation is not part of Rinaldo's wage, allowance or bonus.
Therefore, the answer is Option D because the benefit is enjoyed because he works for the company.
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software is used to play, create, and modify audio and video files.
If you are asking if this is true it is
What is the largest source of a income for banks
Answer:
Interest income
Explanation:
Answer:
goverment
Explanation:
they create the money from paper
The more often a product turns over (e.g. the higher its turns) the ______ its inventory holding cost per unit.
The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of
Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.
A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.
Here, phrase one is "high school drop-out rate has increased" and phrase two is "because more women have taken jobs in the workplace"
If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.
Therefore, it is an example of false cause fallacy.
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Beverly, the manager of a branch location of a large law firm, purposely controls company resources as if they were her own and encourages continued development and training of her employees. She cares about the staff deeply and even organized international volunteering activities to promote their growth. Beverly could best be described as which type of leader
Based on the given scenario Beverly could best be described as servant leader.
A servant leader is a type of leader that is has the best interest of their organization or company and employee on mind.
They are more concern about the wellbeing and the need of their employee and they tend to show support or render support to their employee.
A servant leader often show empathy and they help people to develop as well as encourage the development, growth and training of their employee or people.
Inconclusion Beverly could best be described as servant leader.
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True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
to be certain that you are following the NO SMOKING re because he is concerned about safety and damage to the apartment.
Answer:
false
Explanation:
he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.
A company's biggest vulnerability in employing a best-cost provider strategy
A. relying too heavily on outsourcing.
B. getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.
C. getting trapped in a price war with low-cost leaders.
D. being too timid in cutting its prices far enough below high-end differentiators many of their customers.
E. not having a sustainable distinctive competence in cost reduction.
Answer:
B - Getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies.
Explanation:
A company's biggest vulnerability in employing a best-cost provider strategy, getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Thus, option (b) is correct.
What is strategy?The term strategy refers to the plan for the company growth. The market are the based of the so many companies are the different company are the different strategy. The strategy is the measure, the following the points are the related to the advantages and the disadvantages of the plan. The perfect strategy is the perfect advantage.
It was the company's biggest strategy was the vulnerability in employing a best-cost provider of the low cost of the provider are the best strategy to the high-end differentiation strategies. There are the firms the low cost are the more profit. The strategy are in the perfectly to the implement.
As a result, a company's biggest vulnerability in employing a best-cost provider strategy getting squeezed between the strategies of firms employing low-cost provider and high-end differentiation strategies. Therefore, option (b) is correct.
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1. An advantage of gig work is...
A. constant workload
B. flexible work hours
C. paid sick leave
D. reliable income
2. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as
A. a branch
B. a division
C. an exchange
D. a franchise
An advantage of gig work is flexible work hours. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as a franchise.
Those who seek to combine work and home life or who have other responsibilities may find that gig employment, which often gives workers greater freedom over their schedule and allows them to work on a project basis, is suitable. Nevertheless, as these are not typically guaranteed in gig arrangements, they might not offer a steady workload, paid sick time, or dependable income.
A franchise system allows for the use of a franchisor's business model, brand, and support networks in exchange for an upfront fee and recurring royalties paid by the franchisee to the franchisor in the franchise. Although the franchisee runs their business independently, they are required to abide by certain standards and regulations imposed by the franchisor.
Gig work is a word used to describe income-generating activities that don't include regular, ongoing employer-employee interactions. Companies are increasingly offering temporary employees short-term work, and the employees—known as gig workers—accept these gigs.
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Answer: It is flexible work hours and reliable income... But it is most likely B
Explanation: Sorry if this is wrong but I am 99 percent sure it is B
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to:
Answer:
Select the course of action
Explanation:
Because it’s the next step after collecting relevant information and evaluating each alternatives
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step is to select the course of action.
What is the decision-making?The process of deciding what to do involves identifying a problem, acquiring data, and weighing potential answers. The value of decision-making comes in how it aids you in selecting among many possibilities.
Group decision-making is preferable when there is sufficient time and the potential consequences of a choice are considerable since it allows the opportunity for all members to contribute their best ideas.
Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process. The best options are selected, and a course of action is decided.
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Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimberly because she had done a good job setting up the company's new accounting system. Jonah is very satisfied with Kimberly's work and feels that the fees she charges are quite reasonable. Kimberly would be classified as a(n)
Licensed professionals who indulge in preparing financial documents for individuals, organizations and business are called public accountant. Hence, Kimberly would be classified as a public accountant.
Based on the description given which involves the various tasks undertaken by Kimberly while working for Jonah, such as preparation of tax income forms and various financial documents. Here, Jonah is Kimberly's client and she will be classified as a public accountant.Learn more : https://brainly.com/question/25698053
Which company makes more money? Gucci, which makes a Profit of $75.00 per belt sold, or Wal Mart which makes $0.62 per belt sold? Explain your answer…
Answer:
Probably Walmart. Considering the price is so low for Walmart, more people are likely to buy it. Therefor the value will drop.
Explanation:
Question 2 of 10
Which of the following are possible negative consequences of filing for
bankruptcy?
O A. Loss of employment
OB. Reduced and consolidated debt
O C. Increased credit score and reduction of debt
O D. Loss of property and lowered credit score
Answer:
D
Explanation:
The possible negative consequences of filing for bankruptcy is loss of property and lowered credit score. Option D is an appropriate response.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor. An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments.
Bankruptcies are seen negatively by prospective lenders and are recorded as bad information on your credit report. If creditors discover a bankruptcy on your credit report, they can opt not to grant you credit or, if they do, they might do so with more expensive interest rates and unfavorable terms.
Your credit scores may suffer if you declare bankruptcy. Hence, the appropriate response is option D.
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Select this link to view the North American Free Trade Agreement Preamble. How does this agreement help the nations involved? Check all that apply. It reduces barriers to trade. It coordinates trade with other trade agreements. It promotes industry development and trade. It requires environmental protection. It builds up a common military. It protects workers’ rights.
The North American Free Trade Agreement (NAFTA) helps nations involved in that:
It reduces barriers to trade. It promotes industry development and trade.It requires environmental protection.It protects worker's rights.The NAFTA was mostly a trade agreement which means that it is meant to reduce the barriers that member countries have in trade as well as promote facilities that encourage trade such as industrial development.
It then goes further to require that the environment be protected by member states and that workers be treated fairly with all appropriate rights.
In conclusion, the NAFTA was a comprehensive trade agreement that did a lot of things.
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Answer:
1, 3 ,4 , and 6
Explanation:
I got it right on edge , good luck guys:)
A salesperson lacking goals will drift around their territory, wasting time and energy. Group startsTrue or False
in a competitive market, the actions of any single buyer or seller will
Answer:
it will increase the tension of competition
Campbell's, the soup manufacturer, maintains a low-level of advertising during the entire year, but Campbell's advertises heavily during the winter months when people are cold and looking for something to help warm them up. What kind of advertising strategy is Campbell's most likely using
Suppose that Walmart and Target are selling Sony flat-screen computer monitors for a price of $150 or $200 each. Based on the information in the payoff matrix, does a Nash equilibrium exist?
Based on the information in the payoff matrix, a Nash equilibrium exists.
Nash equilibrium can be described as the choice market players would make in which they would have no incentive to change their decisions. It is the best outcome for each market player.
Looking at the payoff matrix, the payoff of charging $150 results in the higher profits for both Walmart and Target. Thus, the Nash equilibrium for both stores is to charge $150.
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Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill
Answer:
Walking or using of bicycle
Explanation:
Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise
This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many
conversations with friends can he have to efficiently use his time?
OO
01
04
06
To efficiently use his time, the number of conversations with friends Pete can have is 4.
The Production possibilities curve shows the different ways goods and can be combined so resources are fully utilised. The PPC is concave to the origin.
Points on the curve indicate efficient production. Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources . Points inside the production possibilities curve means that the nations resources are not being fully utilised.
If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.
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Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answer:
Consultative
Explanation:
I did this question
the definition of workplace teams includes the requirement that team members _____.
Explanation:
I dont know sorry have a good day
Convertibles. Barry, a new car dealer, advertised that a new brand of convertible called Wind would be available at his dealership for the price of $10,000 each. He had only three Wind vehicles, however, and when those were sold, he tried to convince shoppers to purchase a much more expensive new convertible at a price of $25,000. Kathy, a customer who decided to purchase one of the more expensive vehicles, needed financing in order to do so. She had $10,000 to pay on the car and sought a loan from ABC Bank for the remainder. She wanted the loan for a specific amount of time. ABC Bank offered her the loan and she agreed. The only information she received from ABC Bank was confirmation that she borrowed $15,000 at an 8% interest rate. After receiving several complaints, the Federal Trade Commission disapproved of Barry's action in regard to the Wind vehicles. Claiming that his advertisement was misleading, the Federal Trade Commission proceeded to issue a cease-and-desist order prohibiting deceptive advertising involving Wind vehicles and any other vehicles Barry offered for sale.
Required:
What terms references the cease-and-desist order entered by the Federal Trade Commission involving not only Barry's sales of Wind but also his sales of all other vehicles?
Answer:
Which of the following terms references the cease-and-desist order entered by the Federal Trade Commission involving not only Barry's sales of Wind but also his sales of all other vehicles? A Multiple Product Order
Explanation:
One of the historical trading abuses in the mutual fund industry was allowing selected investors to rapidly trade in and out of a mutual fund in order to profit on stale prices. This practice is called:
The practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.
Market timing is defined as the predictions an investor makes about price movement.
In other word, the strategy is when investor tries to identify the best times to be in the market and when to get out.In conclusion, the practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.
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The consumer buying decision process involves _______ stages. The first stage is ____________, and the last stage is _____________.
The decision-making process for consumer purchases has five stages. Problem recognition is the first step, and post-purchase behavior is the last.
What is a decision-making process?The process of choosing a course of action involves identifying a decision, acquiring data, and weighing potential answers. By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions.
By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions. By using this strategy, one have a better chance of selecting the option that will satisfy one the most.
Here, effective decision-making is defined as the procedure by which options are chosen and then managed through execution to meet organisational goals.
Effective decisions are the outcome of a methodical procedure that has aspects that are precisely specified and is handled in a specific order.
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The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.
According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.
This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.
Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.
Hence, in this case, it is concluded that the correct answer is "Financial Manager."
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A report that details prevention, appraisal, internal failure, and external failure costs is called a ________.
Answer: quality cost report
Explanation:
I just checked it and got it right.