companies that report inventory using the lifo method must report the difference between the lifo cost and fifo cost of its inventory. this difference is commonly called the lifo reserve.

The need to price these special business cards relative to the plain business cards for pricing strategy is also known as effective pricing strategy.

The pricing strategy is a principle of marking the right price of the product according to its market value with some added value and a trade discount so that the shopkeeper or the seller hampers business cards that are available for them to sell new goods.

The special pricing technique also known as the effective pricing strategy is planned in advance with the production process so that actual cost can be released easily.

To learn more about effective pricing strategy here,

https://brainly.com/question/14523997

#SPJ1

The video suggests that a key challenge for​ Goodwill's marketers is to change the view of many consumers that secondhand stores are​ musty, low-class operations with​ poor-quality merchandise. This exemplifies the psychological concept of​ perception, which is the process by which people​ select, organize, and interpret information to form a meaningful picture of the world.

This is further explained below.

Generally, According to what is seen in the film, one of the most important challenges facing Goodwill's marketers is to overcome the perception held by many customers that secondhand shops are musty, low-class enterprises that sell products of inferior quality.

In conclusion, This is a perfect illustration of the psychological notion of perception, which refers to the method by which individuals choose, organize, and interpret information in order to construct a meaningful image of the world around them.

Read more about perception

https://brainly.com/question/27164706

#SPJ1

CQ

The video suggests that a key challenge for​ Goodwill's marketers is to change the view of many consumers that secondhand stores are​ musty, low-class operations with​ poor-quality merchandise. This exemplifies the psychological concept of​ __________, which is the process by which people​ select, organize, and interpret information to form a meaningful picture of the world.

Pierre Bourdieu is regarded as one of the most important social theorists of the late twentieth century, with theoretical and empirical contributions to a variety of areas including political sociology, education, and cultural stratification

Many societal resources according to Bourdieu, this wealth would be taken into consideration?

To learn more about social theories refer

https://brainly.com/question/5047794#

#SPJ9

Pierre Bourdieu argues that among the factors responsible for social status, the most important is the transmission of cultural capital.

what is cultural capital in Bourdieu?

To more learn about cultural capital in Bourdieu refer to:https://brainly.com/question/19048453

#SPJ9

A company recently lowered its service performance from 99% product availability to 97% product availability. Such a further change is likely to save less than one million.(option b is correct)

A product is anything that can be supplied to a market in order to satiate a customer's need or desire. In marketing, a product is an item, system, or service that is made accessible for consumer usage in response to consumer demand. Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials in the manufacturing sector before being sold as finished goods. A form of product that is also considered is a service.

The most common types of commodities are basic materials like metals and agricultural goods, but they can also include anything that is readily available on the open market. In project management, products are the formally defined project deliverables that include or assist in achieving the project's goals.

Learn more about product here:

https://brainly.com/question/22852400

#SPJ4

The question was incomplete. Check below the full question.

A company recently lowered its service performance from 99% product availability to 97% product availability. The change saved the company exactly $1million per year in inventory carrying cost. Senior management now wants to lower the service level to 95% from 97%. Such a further change is likely to save (explain!):

a) less than $1 million

b) about another $1 million

c) more than $1 million

Dana needs to sell 1,315 rosettes to achieve this target profit, the Margin of safety in units=200 rosettes, the Margin of safety in sales dollars=$800, and the Percentage margin of safety=1.67%

Dana's degree of operating leverage=6, An increase in the degree of operating leverage implies a reduction in the profits by 750% and Contribution margin=$3,024.

In finance, leverage is any technique related to borrowing a budget to shop for matters, hoping that future profits could be many times extra than the value of borrowing. This approach is known as after a lever in physics, which amplifies a small input force into a greater output pressure, due to the fact hit leverage amplifies the relatively small amount of money wished for borrowing into large quantities of earnings. But, the approach additionally entails the excessive hazard of no longer being capable of pay again a big mortgage. Normally, a lender will set a restriction on how a lot of a chance it is ready to take and could set a restrict on how good deal leverage it's going to allow, and could require the obtained asset to be furnished as collateral safety for the loan.

Learn more about leverage here

https://brainly.com/question/17099821

#SPJ1

Lori tripp will receive $64,684.10 at the end of 5 years with a total interest of 4,684.10 with an investment of 10000 every year for 5 years

An investment is something that is bought with the hope of making money or appreciating in value. A rise in an asset's value over time is referred to as "appreciation." A person who purchases a product as an investment does not expect to utilize it right immediately; rather, they want to use it to profit from it in the future.

When a financial asset is bought with the hope that it will boost earnings or be sold for a profit in the future, it is considered a financial investment. Investment is defined as an increase in the stockpile of physical capital, such as machinery.

The simplest explanation of how investing works is purchasing something for a bargain and then selling it for a higher price. This form of investment return is known as a capital gain. Realizing returns through obtaining capital gains or selling assets at a profit is one way to make money investing.

To learn more about investment visit:

https://brainly.com/question/24327605

#SPJ9

The prospective client's refusal to permit this will bear directly on Hawkins' decision concerning the integrity of management.

A client is someone who uses the services of a professional organization. The term client is usually used when someone uses a service, while a consumer or customer relates to the purchase of a product

Tips for Getting Clients in Property Marketing

Among these 6 ways, the thing to note is to be patient, Patience is one of the most important things for a property agent. Sometimes clients have many desires or even the process of buying and selling property is protracted to take quite a long time. This sometimes makes property agents lose patience and do things that are uncomfortable for clients.

You can learn more about client here brainly.com/question/28162297

#SPJ4

Marketing copy for a teeth-whitening product is selling more than whiter teeth, it's also selling the idea of confidence. It also enhances the self belief.

Marketing concepts of business management are build in such a way that is based on building confidence between the customers and the business development managers. Marketing always help to increase sales and profit.

Selling the only idea does not make sense you should be able to convince the product selling to customer by making wonders and wise use of skills taught in marketing arena.

To learn more about marketing here,

https://brainly.com/question/14083500

#SPJ1

The purpose of business legislation is primarily based on​ protecting consumers from unfair business practices. Maintaining secure and efficient workplaces for everyone involved in the business, whether they are running it or working for the people running it, is the goal of combining business and law.

Business law, often known as commercial law or mercantile law, refers to the collection of regulations controlling inter-person interactions legislation  in commercial concerns, whether established by convention, agreement, national or international legislation. Contract law, manufacturing and sales law, recruiting procedures, and business ethics are all included in the definition of business law.

To learn more about business, click here.

https://brainly.com/question/15826771

#SPJ1

cora agreed to sell rafael a rare, vintage car in 90 days. when the parties met to sign the paperwork and hand over the keys, cora breached their agreement by refusing to sell. if the court orders cora to sell rafael the car, as promised, remedy for specific performance has been granted.

Specific performance is known as an equitable remedy however any court can order the breaching party to render the performance which has been promised and  also to take a specific action.

Specific performance  remedy is available only when the subject matter of the contract is completely and  sufficiently unique and also money damages would be an inadequate remedy.

Specific performance is available in a sale of goods case unless and until the goods are rare and distinctive in such a way  that the buyer could not reasonably be expected to find those goods elsewhere.

To know more about specific performance here:

https://brainly.com/question/27900839

#SPJ1

The way that Petra is going to have to make use of this information in the business plan that she is going to write is that it would have to help her to decide the product that she is to bring into the new market.

This is the term that is used to refer to the business document that has to do with the plans that a person would wish to establish for their business. The business plan has to do with the good that is to be brought in and the way that the production has to be carried out.

It would describe the goals and the objectives that the business is going to try to meet and all of the ways that they would meet up with these goals for their customers.

Hence we would say that the information is going to help her to decide the good that would be beneficial to the people that she wants to create he business for.

Read more on business plan here: https://brainly.com/question/25311149

#SPJ1

If kristi and rebecca sell lemonade on the corner for $0.50 per cup. if on a certain day, their producer surplus is $20. The number of cups that kristi and rebecca sell is : 50 cups.

First step is to calculate the initial profit

Initial profit :

Initial profit =$0.50- $0.10

Initial profit=$0.40

Second step is to calculate the number of cups of lemonade

Number of cups :

Number of cups = Surplus/ Initial profit

Number of cups = $20/$0.40

Number of cups = 50 cups of lemonade

Therefore we can conclude that  both Kristi and Rebecca sold out 50 cups of lemonade.

Learn more about number of cups here: https://brainly.com/question/27054370

#SPJ1

It is true that ''In a forecasting model using simple moving average, the shorter the time span used for calculating the moving average, the closer the average follows volatile trends''.

There are three fundamental categories: causal models, time series analysis and projection, and qualitative approaches. The first makes use of qualitative data (such as the judgement of experts) and details about noteworthy occasions of the sort already discussed, and may or may not take historical factors into account.

Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.

The Global Forecast System (GFS) of the National Weather Service and the European Center for Medium-Range Weather Forecast (ECMWF) model are the two most well-known NWP models. The American and European models are other names for them.

Learn more about forecasting model:

https://brainly.com/question/28341164

#SPJ4

If  in 2021, t p c incorporated sold investment land with a $ 474,000 book and tax basis for $ 775,000 and tpc received a $105,500 payment on the note ($ 67,500 principal $ 38,000 interest). assuming that tpc is using the installment sale method,  its gain recognized in 2022 is: $26,216.

We would have to make use of this formula to determine or find  the recognized gain

Recognized gain = Principal payment × ( Gain / contract price )

Where:

Principal payment  = $ 67,500

Gain = $ 301,000

Contract price = $ 775,000

Let plug in the formula

Recognized gain = ( $67,500 × ( $301,000 / $775,000 )

Recognized gain = $67,500 × 0.38838

Recognized gain = $26,215.6

Recognized gain= $26,216 ( Approximately )

Therefore we can conclude that the recognized gain is the amount of $26,216.

Learn more about recognized gain here: https://brainly.com/question/27311471

#SPJ1

The advantage of marketing for your business is that it engages customers and influences their decision to buy your products or services.

A business concept is essentially a condensed explanation of the idea that drives a company's existence. It outlines the main consumer issues it wants to address, explains how the concept relates to a market, and offers clear guidance when developing a business plan.

It not only establishes the foundation for the subsequent business plan, but also develops your idea, describes the customer issue it seeks to address, and examines how the idea will fit into the larger market. It's a bite-sized overview that you can distribute to potential partners, lenders, and/or investors.

The benefit of marketing for your company is that it engages consumers and helps them decide whether to purchase your goods or services. A marketing strategy, which is a component of your business plan, also aids in establishing and sustaining demand, relevance, reputation, competition, etc.

Learn more about marketing strategy: https://brainly.com/question/13982828

#SPJ9

The expected value for your profit. round to the nearest cent $6.40 when the student council is hosting a drawing to raise money for scholarships.

What is Profit ?

The difference between an economic entity's revenue from its outputs and the opportunity costs of its inputs is what is known as a profit. It is equivalent to total income less total expenses, which includes both direct and indirect expenses.

It is distinct from accounting profit in that it only refers to the costs that are explicitly stated on a company's financial statements. Accounting profit is calculated by subtracting the company's entire revenue from its explicit costs. When examining a corporation, an economist takes into account all opportunity costs, both explicit and implicit. Economic profit is therefore less than accounting profit. According to economic theory, a company's total revenue must exceed its opportunity cost in order to be profitable.

To learn more about Profit checkout the link below :

https://brainly.com/question/1078746

#SPJ9

The benefit of packaging provided by Tylenol products by indicating implications of accidental overdose is communication benefit.

The science, art, and techniques of wrapping or safeguarding products for dispersion, stockpiling, sale, and use is known as packaging. The method of creating, assessing, and generating packages is also referred to as packaging. Product packaging is utilized by companies to communicate information. Packaging includes nutritional information, usage instructions, characteristics, and advantages. Customer support information also appears on packaging to enable customers to reach companies or communicate with it as well as provide feedback or make suggestions.

In this case packaging of Tylenol products have been done in such a way to provide useful information about its usage as well as prevent the consumers from accidental overdose as it can be associated with liver function complication. Through its packaging company is communicating with the consumers in an indirect manner.

Learn more about packaging here:

https://brainly.com/question/3098747

#SPJ4

Given that at Hybrid group vehicles, employees are grouped into teams, and each team is responsible for assembling an entire automobile. If the company gives each team freedom and flexibility to decide how to divide up the work and keeps the employees informed about how their cars are selling, then Hybrid group vehicles is using a strategy of Unitary Motivation.

White's definition of competence as "an organism's ability to interact successfully with its environment" appears to be a unitary approach to motivation, and he does refer to motivation as the need toward competence.

The need-based category includes four important theories:

Learn more about Motivation:

https://brainly.com/question/16034780

#SPJ1

There are some significant discrepancies between the Generally Accepted Accounting Principles (GAAP) in the United States and the International Financial Reporting Standards (IFRS), the accounting standard used in more than 144 nations (GAAP).

Conceptually speaking, IFRS is thought to be a more principles-based accounting standard than GAAP, which is thought to be more rules-base.

It might be argued that IFRS represents and better captures the economics of a transaction than GAAP because it is more principles-based. The following lists a few of the distinctions between the two accounting frameworks.

KEY LESSONS

Generally Accepted Accounting Principles (GAAP), which are thought to be more rules-based, are contrasted conceptually with International Financial Reporting Standards (IFRS), which are thought to be more principles-based.

Any reversal is banned under GAAP once inventory has been written down.

To learn more about  US GAAP refer to :

brainly.com/question/20734391

#SPJ9

Pecan Theatre Inc.

Total dividends per type share:

#  Declared //Preferred //Arrears* //Common

1-   64,000  64,000   96,000  

2- 192,000 192,000   64,000  

3- 304,000 256,000                  48,000

4- 352,000 160,000                 192,000

5- 448,000 160,000                288,000

6- 560,000 160,000                400,000

Dividends per share:

Year //Preferred //Common

1  1.6           0

2  4.8           0

3  6.4           0.48

4  4            1.92

5  4           2.88

6  4           4  

Insufficient dividends will result in arrears for subsequent years because preferred dividends are cumulative.

40,000 shares x $100 x 4% = $ 160,000

* We declare that 64,000 of the chosen should receive 160,000, which adds 96,000 to the period after.

Afterward, we declare 192,000.

We settle the 160,000 for the year and reduce the 32,000 arrears.

The remainder flows to common shares after we pay the current year and the arrears.

Learn more about Pecan Theatre Inc:

https://brainly.com/question/23441647

#SPJ4

The complete question is ''Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $80,000; Year 2, $90,000; Year 3, $150,000; Year 4, $150,000; Year 5, $160,000; and Year 6, $180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 shares of cumulative, preferred 2% stock, $20 par, and 500,000 shares of common stock, $15 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0".

False arguments that at first glance seem plausible but are in fact erroneous are known as logical fallacies. Because an observer evaluates a situation from a reference point, anchoring is a logical error that results from cognitive bias and is the fallacy that Sean exhibits in this example.

Sean is the example where we see him evaluating the $30 headphones based on the ingrained belief that inexpensive items are of worse quality.

Anchoring, a well-known cognitive bias in negotiation, is the propensity to place undue emphasis on the initial offer made and then to inadvertently alter from that starting point.

When people make decisions, anchoring bias happens because they rely too heavily on information that they already know or that they find initially. For instance, if you first see a $1,200 T-shirt and then a second one that costs $100, you might perceive the second garment as being inexpensive.

To learn more about Anchoring visit:

https://brainly.com/question/27913992

#SPJ9

'if a prospect calls to RSVP for a meeting, a permission to contact form is not required for that meeting but would be required for a representative to place a follow-up call to a meeting attendee.

This statement is True.

RSVP is an acronym derived from the French phrase Reponed sail Vous plait, which literally means 'reply if you want or simply 'please reply' to request confirmation of the invitation. The acronym "RSVP" is no longer used in France, where it is considered formal and outdated. If you look into etiquette books published in the early 1900s, you'll find many explanations that writing his RSVP on invitations is outdated.

Although a French acronym, RSVP is no longer widely used in France and is considered formal and very archaic. A preferred expression is response rouaite, usually followed by a date or method.

Learn more about RSVP https://brainly.ph/question/2675576

#SPJ1

Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the plan component of SCM.

Supply chain management (SCM) is, at its most basic level, the control of the movement of materials, information, and money involved in the production of a thing or service, from the acquisition of raw materials to the delivery of the good at the intended location.

All procedures that convert raw materials into finished goods are included in supply chain management (SCM), which is the centralized control of the flow of goods and services. Companies can reduce unnecessary expenditures and expedite the delivery of goods to customers by optimizing the supply chain.

To know more about SCM visit:

https://brainly.com/question/25490682

#SPJ4

The process of ensuring that the organization's objectives are being met and of correcting deviations from the plan is controlling. Thus the correct option is C.

A business plan is referred to as a document that provides a roadmap to achieve the objective or vision of any organization. It provides a pathway that consists of directions on how things will take place in an appropriate manner.

Controlling helps to control business operations by comparing the standard measures with the actual performance and identifying the loopholes for making improvements.

Therefore, option C is appropriate.

Learn more about Business plan, here:

https://brainly.com/question/15826771

#SPJ1

Billing errors, even small ones, can make customers quite upset. Therefore, maintaining high-quality data with regard to product pricing, discounts, and sales taxes benefits businesses most directly by increasing customer satisfaction.

An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.

Customer satisfaction plays a significant role in the profit of any bsuiness. If a business causes any error in billing which disturbs customer service.

In order to provide better customer satisfaction the business should focus on its process and tries to eliminate the reasons causing the error.

Learn more about customer satisfaction, here:

https://brainly.com/question/28387894

#SPJ1

Aaron company will most likely end up with a centralized type of strategy.

Strategy The company takes a portfolio approach to strategic decision making by looking at all of the company's businesses to determine how to create the most value.

To develop corporate strategy, companies must look at how their various businesses fit together, how they influence each other, and how the parent company structure, to optimize human resources, processes, and governance. Corporate Strategy is built on business strategy, which is concerned with making strategic decisions for individual businesses.

There are several important components of corporate strategy that organizational leaders focus on. The main tasks of corporate strategy are:

You can learn more about Strategy The Company here brainly.com/question/20630010

#SPJ4

This is the type of Hostile work environment harass-ment. Harass-ment occurs when employer repeatedly abuses, insults, or otherwise harms you. Harass-ment is not only cruel and bother-some, but it is also unlawful in some situations.

Harass-ment is a general term for any type of ongoing torment. Bullying is another term for employer harassment in school. Offensive or insulting remarks, racial or ethnic slurs, pressure for dates, unwelcome comments regarding a person's religion or religious garb, or offensive graffiti, cartoons, or photos are all examples of harass-ment  catcalls, or crowding someone in a confined space are some obvious ways that people are moles-ted.

To learn more about Harass-ment, click here.

https://brainly.com/question/14703975

#SPJ1

All of his original sculptures and paintings go on sale supply is Perfectly Inelastic. A product is referred to as "perfectly" inelastic when it has an elasticity of zero.

This indicates that regardless of how the product's price changes, neither the supply nor the demand will alter at all. It's common to refer to inelastic items as necessity. Because individuals cannot or will not live without it, a change in price has no effect on either consumer demand or the overall supply of the commodity. Water, sculptures, housing, and food are examples of inelastic goods. A change in price causes the quantity to decrease to zero.

To learn more about supply, click here.

https://brainly.com/question/28285610

#SPJ1

The organ systems which are used to help the body shiver are: B. nervous and muscular.

A nervous system simply refers to a network that typically consist of nerve cells and fibers, which are primarily used for the transmission of neural impulses (signals) and control of the muscular system in the body of a living organism.

This ultimately implies that, the nervous system is saddled with the responsibility of controlling the muscular system within the body of all living organisms.

In conclusion, we can reasonably infer and logically deduce that the nervous and muscular system are organ systems that helps the body of a living organism shiver.

Read more on nervous system here: https://brainly.com/question/3381118

#SPJ1

The rental rates were calculated to be $23.7 per square foot per month five years ago if the rental costs have been going up at 6.2% per year compounded annually.

We can use the formula for compound interest to determine the rental rates that were five years ago;

A = P (1 + r/n)^nt

In this formula, the final amount or value is represented by A, the interest rate is given as r, n is used to represent the number of times the interest was applied per time period and the number of time periods elapsed is given as t.

Adding the values in this compound interest equation;

P (1 + 0.062)^5 = 32

P = 32 ÷ (1.062)^5

P = 23.7

Therefore, the rental rate five years ago was $23.7 given that the current rate of rent is 32$ per square foot per month of office space.

To learn more about compound interest; click here:

https://brainly.com/question/24924853

#SPJ4