Answer:
when demand is perfectly inelastic
Explanation:
The scenario where an excise tax placed on producers would result in the smallest deadweight loss is one where the demand and supply for the good are relatively inelastic.
What is an excise tax?
An excise tax is a type of tax that is levied on a specific good or service, typically at the point of production or sale. Excise taxes are often used to discourage the consumption of certain products, such as tobacco, alcohol, or gasoline, or to raise revenue for government programs.
An excise tax is a tax on the production or sale of a specific good or service, which is typically passed on to the consumers by increasing the price. The deadweight loss of a tax refers to the loss of economic efficiency that occurs when the tax reduces the amount of the good or service produced and consumed.
The size of the deadweight loss depends on the elasticity of demand and supply of the taxed good. If the demand and supply are relatively inelastic, then the tax burden will fall more heavily on the consumers, resulting in a smaller deadweight loss.
If the demand and supply are relatively elastic, then the tax burden will be shared more evenly between the producers and consumers, resulting in a larger deadweight loss.
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on october 6, 2021, ronan corp. sold land to bane co., its wholly owned subsidiary. the land cost $72,400 and was sold to bane for $96,000. for consolidated financial statement reporting purposes, when must the gain on the sale of the land be recognized?
When Bane Co. sells its land to a third party is the prerequisite for the gain just on sale of the land to be recognized in consolidated financial statement financial reporting.
Define the term consolidated financial statement?The financial statements for the entire group are consolidated financial statements.
They stand for the entire parent firm as well as every subsidiary that the parent company controls. They comprise the income statement, statement of cash flow and balance sheet—the three essential financial statements.A parent company's financial statement and the financial statements of its branches are combined to form a consolidated financial statement. Reviewing the financial standing of the collection of enterprises held by one company requires consideration of this statement.Thus, the prerequisite for the gain mostly on sale of the land to be recognized for consolidated company's financial reporting purposes is that whenever Bane Co. sells its land to the a third party.
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As described in the ten axioms for success, what approach should be used to addresses a common source of project failure described as scope creep or drift caused by deviations from the project plan?.
Manage Change is the approach should be used to addresses a common source of project failure described as scope creep or drift caused by deviations from the project plan .
How does scope creep lead to project failure?Scope Creep silently sneaks into projects, leading teams down unproductive and self-destructive paths, wasting organizational resources, missing deadlines, undermining team communication, and ultimately reducing the project's chances of success. can mess up theScope creep can occur any time after a project starts and can eventually affect some or all parts of the project, such as goals and deadlines. Examples of scope creep are: The requested service turns into many services. The number of functions required for products is increasing.An example of scope creep is when a client fails to adequately describe their vision, which in turn prevents the project manager from properly specifying the project scope. Most of the causes of this discrepancy can be avoided if the project manager improves task management.learn more about scope creep here :
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Good storytelling in advertising contains four classic elements. Which of the following elements is NOT one of them? A. Characters B. Conflict C. Media D. Plot E. Message
Good storytelling in advertising contains four classic elements. Media is NOT one of them .
What exactly do you mean by Advertising?
In order to advertise a good, service, or cause, advertising involves buying space. Ads, as they are commonly known, are the real advertising messaging. Reaching those who are most likely to be willing to buy a company's goods or services—and persuading them to do so—is the purpose of advertising.What are the 4 types of Advertising?
Display Advertising. Video Advertising. Mobile Advertising. Native Advertising.Learn more about advertising
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what is the purpose of order processing? group of answer choices monitors the flow of goods and information to/from customers regulates when and how much product to buy tracks the movement of goods through scanners moves inventory into, within, and out of the warehouse stores goods until needed by the customers
A) The goal of order processing is to keep tabs on the movement of products and information to and from customers.
How does order processing work?Order processing, a crucial component of order fulfillment, is the procedure that guarantees customer orders are accurately processed and delivered to the appropriate location. Order processing may be carried out by a single person or small group, depending on the size of a company's activities, or it may take place in a distribution center or warehouse were pickers, sorters, and packers collaborate to fulfill orders.
With pen and paper, order processing can still be done manually, but as a business expands, its complexity increases, making that approach less practical. No matter how big an operation is, order processing software can minimize human mistakes and guarantee client happiness in that situation.
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in this example of the classical adjustment process, a recession seems ready to begin with business borrowing declining by billion dollars because of pessimism regarding profit opportunities in the short run.
Consumer spending by households is an example of the traditional adjustment process. A recession appears to be on the horizon since company borrowing has decreased by billions of dollars due to doubts about near-term profit potential.
Consumer spending is the total amount of money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending. Consumer spending can be seen as an economic component that supports individual saving, investment spending, and output.
Consumption of final goods (i.e., not capital goods or investment assets) is the result of and ultimate motivation for economic activity. This is because all goods that are consumed must first be produced. Consumer spending is a major component of the demand side of "supply and demand"; the production of consumer goods is likewise an important piece of the supply side. Consumers decide whether to spend their income now or in the future. Consumer spending typically only refers to spending on consumption in the present. Income retained for future spending is called saving, which also funds investment in the production of future consumer goods.
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The event that occurs when agents in a game form an agreement about which strategies to implement.
the evolution of customer orientation started with businesses having a strong sales orientation, followed by a production orientation, and finally a customer orientation.
a. true
b. false
The evolution of customer orientation started with businesses having a strong sales orientation, followed by a production orientation, and finally a customer orientation. This statement is True.
An enterprise is defined as an enterprising organization or entity engaged in commercial, industrial or professional activities.
A business can be a for-profit or a non-profit organization. Business types range from limited liability companies to sole proprietorships, corporations, and partnerships. A business involves a natural person or organization that conducts business or trade with the aim of making a profit. Activity or commerce can be commercial, industrial, professional or other. A business usually involves providing goods or services to the public while making a profit.Learn more about business here: https://brainly.com/question/24448358
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navarro, incorporated, plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. the bonds will have a ytm of 6.27 percent and mature in 30 years. if we assume semiannual compounding, at what price will the bonds sell?
The price will the bonds sell is $156.90.
Current price=Par value/(1+YTM/2)^(2*time period)
=1000/(1+0.0627/2)^(2*30)
=1000/(1+0.03135)^(60)
=1000/(1.03135)^(60)
=1000*0.156904581
=$156.90(Approx)
What do you mean by bond?A bond is an interesting instrument that represents a loan from an investor to a borrower. Simply put, a bond acts as a contract between an investor and a borrower. Bonds are mostly issued by companies and governments, and investors buy them as a savings and safety option. These bonds have a maturity, and after maturity, the issuer must repay the investor the amount plus a portion of the profit.
Bonds can be classified into four varieties:
corporate bonds local government bondsgovernment bonds agency bondsTo learn more about bond, refer;
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phillips group, a marketing company, has implemented a few incentive plans to motivate its employees. the organization encourages employees to learn new skills and cooperate with others. which condition will contribute to employees' feeling that the organization's incentive pay plans are fair and something to pursue? group of answer choices the company should not inform the employees about incentive plan changes. employees must be the key decision makers when creating incentive pay plans. equal incentives should be offered to all the employees of the organization. employees must be able to understand the requirements of the incentive pay plan. employees should make decisions that are only in favor of their interests.
Employees will feel that the organization's incentive pay plans are fair and something to pursue when equal incentives are offered to all the employees of the organization
What are Incentives?In general, incentives are any methods that influence someone's behaviour. The fundamental rule of economics and the rules of behaviour, which suggest that larger incentives result in greater levels of effort and, as a result, higher levels of performance, emphasize the importance of incentives. A reward or motivation offered in monetary terms can be referred to as an economic incentive. It modifies the parties' innate behaviour to elicit the desired response. Subsidies, tax credits, discounts, and cashbacks are a few examples of incentives.
Hence, Employees will feel that the organization's incentive pay plans are fair and something to pursue when equal incentives are offered to all the employees of the organization
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walmart has a large aisle that displays many different kinds of toothpastes. this observation indicates that the toothpaste market is a monopoly. a perfectly competitive market. a monopolistically competitive market. an oligopoly.
Walmart has a large aisle that displays many different kinds of toothpaste. this observation indicates that the toothpaste market is a monopolistically competitive market.
Monopolistic competition is a type of imperfect competition in which many manufacturers are competing with each other but selling different products from each other and therefore not perfect substitutes.
Monopolistic competition occurs when many companies offer competing products or services that are similar but not perfect substitutes. Barriers to entry in a proprietary, highly competitive industry are low, and no single firm's decisions directly impact competitors.
Fast food companies like McDonald's and Burger King that sell hamburgers on the market are the most common examples of monopoly competition. He mentioned above that the two companies sell almost similar types of products, but are not replacements for each other.
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consider two companies that are identical except for the way they value inventory. one company uses fifo (company f), while the other uses lifo (company l). assume prices are rising in the markets in which these companies buy materials. indicate for each ratio below which company (company f, company l, or neither) will have the larger ratio value. ratio company with larger ratio value a. current answer b. working capital to total assets answer c. inventory turnover answer d. total liabilities-to-equity answer e. total liabilities-to-total assets answer f. book value per share answer g. return on total assets answer h. earnings per share
(A) Current Ratio having Formula = Current Assets / Current Liabilities and company having High Ratio is Company F
(B) Working Capital to Total Assets having Formula = (Current Assets - Current Liabilities) / Total Assets and company having High Ratio is Company F
(C) Inventory Turnover Ratio having Formula = Cost of Goods Sold / Average Inventory and company having High Ratio is Company L
(D) Total Liabilities to Equity having Formula = Total Liabilities / Equity and company having High Ratio is neither.
(E) Total Liabilities to Total Assets having Formula = Total Liabilities / Total Assets and company having High Ratio is Company L.
(F) Book Value per Share having Formula = Equity Shareholders Funds/Number of Shares and company having High Ratio is Company F
(G) Return on total Assets having Formula = EBIT / Total Assets and company having High Ratio is Company L
(H) Earnings per share having Formula = Profits After Tax / Number of Shares and company having High Ratio is Company F
When prices are rising, you prefer LIFO because it gives you the highest cost of goods sold and the lowest taxable income. First-in, first-out, or FIFO, applies the earliest costs first. In rising markets, FIFO yields the lowest cost of goods sold and the highest taxable income.
Here Company - L uses LIFO for inventory valuation. Therefore it will be having low closing inventory value followed by low working capital and total assets.
Company - F uses FIFO. Therefore it will be having high closing inventory value followed by high working capital and Total assets
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In what pricing strategy are prices lowered in a series of steps with the demand by those who really desire the product being satisfied at the highest prices?.
The price is lowered in a series of steps with the demand by those who really desire the product being satisfied at the highest prices is called a skimming price strategy.
Why a skimming price strategy can be justified?A skimming price strategy can be justified because it allows the company to satisfy the demand of those who are willing to pay the highest prices first, while also generating revenue. This strategy can also be justified by explaining that it allows the company to lower prices for those who are less willing to pay, making the product more affordable and accessible.
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Discuss how and where the adding of variance concept is being used in the anova technique, and then discuss what is being described by the mean squares being calculated.
A statistical technique called analysis on variance (ANOVA) is used to compare two or more means. The fact that the method is entitled "Analysis of Variance" then instead of "Analysis of Means" may seem strange.
Explain the process of Analysis of Variance (ANOVA)?A statistical technique called analysis of variance, meaning ANOVA, divides observable variance data into various components for use in further testing.
When there are three or more data groups, a one-way ANOVA is applied to find out how the dependent as well as independent variables are related.If there is no real difference in the groups, the F-ratio for the ANOVA should be near to 1.This ANOVA test is used as the first stage in examining the variables that influence a certain data set. After the test is complete, an analyst runs additional tests on the procedural elements that substantially contribute to the inconsistent nature of the data set.Thus, in order to produce more data that is consistent with the suggested regression models, the analyst uses the ANOVA test findings in an f-test.
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what are the top three sights i should see? what are the company policies when it comes to handling bribery? is it customary in this country to take off your shoes before entering a home?
It is our accountability to behavior operations and things to do in compliance with relevant Anti- bribery and Anti-Corruption Laws, which prohibits improper/ unethical repayments to Government Officials.
Any payment or gain conveyed to a GO have to be fully transparent, proper documented, and accounted for.
Why is anti bribery coverage important?Bribery and corruption are now not solely towards the corporate principles, they are additionally illegal and can end result in fines and penalties, inclusive of imprisonment and reputational damage, for both the worker and the company.
How do groups prevent bribery?Show your employees, customers and suppliers that your corporation has a zero-tolerance coverage on bribery & corruption. Assess: Know your dangers and prepare for them. Recognize possibilities to enhance your enterprise via improving compliance. Define: Define what success ability for your company.
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https://brainly.com/question/18152807#SPJ4a stock you are evaluating for a client is expect to pay an annual dividend of $2.50 next year. dividends have grown at a constant rate of 2 percent over the last 15 years and you expect this to continue. if the required rate of return on the stock is 12.6 percent, what is its fair present value?
A dividend is the distribution of a company's income to its shareholders and is decided with the aid of using the company's board of directors. Dividends are frequently disbursed quarterly and can be paid out as coins or withinside the shape of reinvestment in extra inventory.
The dividend yield is the dividend in keeping with percentage and is expressed as dividend/fee as a percent of a company's percentage fee, inclusive of 2.5%.
Common shareholders of dividend-paying businesses are eligible to get hold of a distribution so long as they very own the inventory earlier than the ex-dividend date.
Mentioned that:-
Last Dividend: 2.50
Growth rate = 2%
Expected Dividend = 2.50+ 2% = 2.55
Required rate of return = 12.6%
Stock price today = Expected dividend / (Required rate -Growth rate)
2.55 / (12.6-2)% = $ 24.06 pere share
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using the fixed-time period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?
About 1,686 is the order quantity.
Moreover, In a fixed-order quantity system, different items can reach reorder points at different times, generating many orders at random intervals. On the other hand, a fixed-period system could ensure that stock levels are regularly checked for all items say every two weeks.
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externalities tend to cause markets to be a. inefficient. b. unequal. c. unnecessary. d. overwhelmed.
Externalities tend to cause the markets to be inefficient.
What is an externality?In the field of economics, an externality is a benefit or cost that an activity of one party (or several parties) has on an unaffiliated third party. Externalities can be thought of as non-priced goods that are involved in both producer and consumer market transactions. The use of automobiles contributes to air pollution. Neither the manufacturers of motorized transportation nor the users of such transportation are responsible for covering the cost of air pollution to the rest of society. Another example is the pollution of water caused by mills and factories. Despite the fact that pollution harms all consumers, the market does not make up for this harm. Actually receiving a free thing is the third party.
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mee has discovered a production problem that will cause this month's shipments to be a few days late. because her brazilian customers will need to know about this problem right away, aimee should . a. arrange for a face-to-face visit b. send a memo c. send an e-mail message d. write a letter
Instant messaging lets in people to share information proper now and make picks quickly.
What are two privacy troubles that you need to be mindful of when the utilization of immediately messaging?Don't count on that your IM conversations are personal or secure. Most IM purposes are not encrypted; therefore, any man or woman listening on the community can take a look at some factor said in your IM conversation. Avoid file-sharing. File-sharing will extend the threat that events ought to gain get admission to to the computer
What are the two types of right away messaging offerings give example?there are two sorts of on the spot messaging software program software – software program based totally and Web based. Application based instantaneous messaging software program software is downloaded on user's computer. Some of the popular right now messaging software program are: Talk •
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https://brainly.com/question/26271202#SPJ4mallory told her manager that having employees fill out three surveys about their skill levels was too time consuming and seemed unfair to those who only required one skill for their job. what criterion for performance management is mallory concerned with?
Mallory is focused with the performance management criterion of acceptability. An attribute of something that makes it subject to approval for a purpose is its acceptability.
What is acceptability ?
An attribute of something that makes it subject to approval for a purpose is its acceptability. Even though something is much less useful for this purpose than the ideal example, it is still acceptable if it is adequate to fulfil the goal for which it is intended.A object may be acceptable to one judge but unacceptable to another, or it may be unacceptable for one purpose but acceptable for another. Acceptability is a nebulous term that is both extremely subjective and situational. Furthermore, determining acceptability isn't always a logical or consistent process. Even though a thing might be adequate for one purpose, it might not be acceptable in the decision-maker's eyes for another.The idea of acceptability, according to philosopher Alex Michalos, "is as ambiguous and bothersome as probability, confirmation, belief, justice, etc.," and he gives the word two different definitions in relation to the potential acceptability of hypotheses. A basic idea in several disciplines, such as economics, health, linguistics, and biometrics, is acceptability.To learn more about acceptability refer :
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What best explains the relationship between a borrower’s credit score and a down payment requirement?.
Someone with a high credit score may be required to make a lower down payment.
What best explains the relationship between a borrower’s credit score and a down payment requirement?.Depending on your credit rating, the required down payment for an FHA loan is either 3.5 percent or 10 percent.The lowest down payment needed for those with credit scores of at least 580 is 3.5 percent.Anyone with a credit score between 500 and 579 will need to put down 10% of the purchase price. A better score may make you eligible for cheaper mortgage interest rates and fees because it gives a lender more assurance that you will make payments on time.If you have a great credit score, some lenders may also lower their down payment requirements. When you apply for a mortgage, one of the most crucial variables that lenders take into account is your credit score.Not merely must meet the requirements for the loan, but also for the terms.Generally speaking, the better conditions and cheaper interest rates you'll qualify for, the higher your credit score.To learn more about down payment refer
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nonexcludability cannot exist at the same time as market efficiency in quantity. nonexcludability cannot exist at the same time as market efficiency in quantity. false true
The statement is True. A public sensible has 2 key characteristics: it's nonexcludable and nonrivalrous. These characteristics build it troublesome for market producers to sell the nice to individual shoppers.
Public products, like streetlights or national defense, exhibit nonexcludable and nonrivalrous characteristics. Marginal profit should equal monetary value. The utmost disposition to pay should equal the minimum acceptable value. Combined shopper and producer surplus should be at the most.
Non-rivalry means consumption of a decent by one person doesn't cut back the number out there for others. Non-rivalry is one of the key characteristics of a pure public sensible.
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economists use as a model to show how savers and borrowers come together to determine the equilibrium rate of interest.
The market for loanable funds. It shows how the borrowers and loan givers interact with one another and identify the interest rate at which the system is in equilibrium.
Funding is the act of supplying assets to finance a want, program, or challenge. At the same time as this is usually inside the form of money, it can also take the shape of attempt or time from an agency or business enterprise. Normally, this phrase is used whilst a firm uses its inner reserves to meet its necessity for coins, while the time period financing is used whilst the firm acquires capital from external sources. Assets of investment include credit, assignment capital, donations, grants, savings, subsidies, and taxes. Fundings along with donations, subsidies, and offers that don't have any direct requirement for return of investment are described as "tender investment" or "crowdfunding".
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stacey and her husband david have a joint savings account that earns 3.68% interest payable continuously and has a current balance of $58458. each year, david wishes to withdraw $4000 payable continuously at a level rate.
If the account will last for thirty year, the least X that it will work is $839.87. It can be calculated by involving present value, interest rate, and also number of investing.
An investment can be described as an asset or goods accrued with the aim of generating income or recognition.
The present value of withdrawals is an annuity with payment is $4,000
Interest rate is 3.68% and the amount of years are 30.
The number to be drawn after 30 years are:
4000 x (1-e[tex]^{0.0368(30)/0.0368)}[/tex]) = 74292.82867
Then,
0.038 = In(1 + i)
i = 0.0386197088
Hence,
74292.82867 - $58458 = X(1-(1.0386197088)[tex]^{-30}[/tex]/0.343945837
X = $839.87
The questions is not complete, the complete question is
Stacey and her husband david have a joint savings account that earns 3.68% interest payable continuously and has a current balance of $58458. each year, david wishes to withdraw $4000 payable continuously at a level rate. Stacey wishes to deposit X at the beginning of each year (for thirty years) so that the account will last for thirty years. What is the least X that will work?
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Which of the following describe the characteristics of clostridium?
a. catalase-negative
b. gram-positive
c. rods
A wide range of Gram-positive, mesophilic, and anaerobic species, all of which have been updated in taxonomic classification, make up the genus Clostridium.
This genus contains gram-positive anaerobic rods that form spores.
They are catalase-negative, fermentative, and motile. The organisms in question are common and can be found in soil, the intestines of humans and animals, and a variety of other places. Their capacity to produce spores ensures long-term survival in challenging environments.
Clostridial spores are so common that they occasionally show up as contaminants in clinical materials. There are pathogenic and nonpathogenic species, but fresh tissue rarely encounters the latter.
Thus the gram positive describe the characteristics of clostridium.
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badger airways is considering adding a new flight connecting milwaukee and minneapolis. revenue from the flight is expected to be $12,000. the total cost of the flight is $15,500, and the variable cost is $8,000. should the airline add this flight?
Yes, the airline ought to upload this flight due to the fact earnings will increase by $4,000.
The required details for Profit in given paragraph
Profit is the cash you've got got left after procuring enterprise expenses. There are 3 primary varieties of earnings: gross earnings, working and internet earnings. Gross earnings is biggest. Profit describes the monetary advantage found out when revenue generated from a enterprise pastime exceeds the expenses, costs, and taxes concerned in maintaining the pastime in question.
Any income earned funnel returned to enterprise owners, who pick out to both pocket the cash, distribute it to shareholders as dividends, or reinvest it returned into the enterprise.
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you are considering an investment with the following cash flows. if the required rate of return is 15.5 percent, should you accept the investment based solely on the internal rate of return rule? year cash flow 0 -$100,430 1 6,000 2 -34,000 3 140,000
You are considering an investment with the following cash flows. No, you should accept the investment based solely on the internal rate of return rule.
Calculating the problem:Let the IRR be x.
Now , Present Value of Cash Outflows = Present Value of Cash Inflows
100430 = 6000 /(1.0x) - 34000 / (1.0x)² +140,000 /(1.0x)³
x= 3.468%
Since the IRR is less than the required rate of return, the project must not be accepted. No, because IRR< Required Return.
What is cash outflow?
Cash outflow refers to all expenses paid by the business. Cash outflows include all liabilities, payables and operating expenses. A healthy business maintains positive cash flow by controlling operating flows and minimizing long-term debt.
Why is cash flow important?Cash flow is defined as the amount of money that goes in and out of a business over a period of time. Cash flow is important because it allows us to meet existing financial obligations and plan for the future.
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the best way to anticipate possible competitive responses is to identify all current or potential competitors and conduct an internal corporate analysis for each of these competitors.
True - The best way to anticipate possible competitive responses is to identify all current or potential competitors and conduct an internal corporate analysis for each of these competitors.
Opposition is a rivalry in which or greater events try for a not unusual goal which cannot be shared: wherein one's benefit is the opposite's loss (an instance of which is a 0-sum recreation).[1] competition can stand up between entities inclusive of organisms, people, financial and social businesses, and so forth. The contention may be over attainment of any unique purpose, including recognition: opposition occurs in nature, between living organisms which co-exist within the identical environment. Animals compete over water materials, meals, associates, and different biological sources. People usually compete for food and associates, even though when these wishes are met deep rivalries often arise over the pursuit of wealth, electricity, prestige, and repute while in a static, repetitive, or unchanging environment.
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in 2024, starsearch corporation began work on three research and development projects. one of the projects was completed and commercial production of the developed product began in december. the company's fiscal year-end is december 31. all of the following 2024 expenditures were included in the r
The beginning of the accounting cycle is the journal entry. Every one of the monetary exchanges are kept in the books of bookkeeping to track the exchange that aides in setting up the last records and budget reports.
1 Equipment 495,000 R&D expense 495,000
2 R&D expense (WN 1) 99,000 Equipment depreciation accumulated 99,000
3 Patents 59,000 59,000
4 Inventory 39,000 39,000
The cost of R&D is 495,000 divided by five years, or 9,000.
What's an example of a journal entry?
The clerk expands the equilibrium of the baking supplies record and diminishes the money account. The baking supplies account has grown, and the cash account, also known as the bank account, has decreased, as evidenced by two journal entries.
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This year, a media company produced a movie based on a book it published, distributed the film to theaters it owns, and advertised it and reviewed it in company-owned newspapers. What is this an example of?.
If a media company produced a movie based on a book it published, distributed the film to theaters it owns, and advertised it and reviewed it in company-owned newspapers, this is an example of cross promotion.
What is an advertisement?In Economics and Business management, an advertisement can be defined as a group of consumer promotions programs which is designed and developed with the sole intention of making the various goods or services that are being offered by a business firm to become known, popular and familiar to all of its customers and potential customers.
What is cross promotion?Cross promotion can be defined as a form of advertisement or consumer marketing promotion that typically involves a business organization (brand) targeting customers of a particular product or service by introducing a related product that it produces or provides.
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when a market basket uses specific goods and services in fixed quantities, multiple choice question. changes to the cost of the basket are the result of changes in both price and quantity. any change in the cost of the basket is the result of changes in quantity. any change to the cost of the basket is the result of changes in price.
When a market basket uses the specific goods and services in fixed quantities then any change in cost of the basket is result of changes in the quantity.
What is a market basket?Two distinct supermarket chains in Southern California both went by the name of Market Basket. Pasadena was the birthplace of the first chain, which ran from 1930 to 1982. In business from 1989 to 1994 was the second chain. In Pasadena, Colorado Boulevard and Meredith were the first locations of the first store to open. In the Pasadena region by 1934, the chain had 14 locations. Santa Ana and San Bernardino were among the 42 locations the chain had in 1959. Market Basket had annual sales of $121 million when Kroger acquired the chain in 1963. By selling a large portion of its 65-store Market Basket chain to Ralphs, Boys, Hughes, and Vons while closing the remaining stores, Kroger decided to leave the competitive Southern California supermarket industry in 1982.
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