The long-term trends in global trade include:
nations are accusing each other of dumping goodsspecial interests within trading nations are better protected than ever.What are long-term trends?These refers to long term practices that happens in global trade.
Generally, the trends includes many nations are accusing each other of dumping goods and special interests within trading nations are better protected than ever.
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3/10 net 45 EOM translates as (a) a 10 percent cash discount may be taken if paid in three days; if no cash discount is taken, the balance is due in 45 days. (b) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after transaction is complete. (c) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after the end of the month. (d) a 3 percent discount may be taken on 10 percent of the purchase if the account is paid within 45 days after the end of the month.
In accounting, 3/10 net 45 translates to (b) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after transaction is complete.
What does the term, "3/10, net 45" mean?It means that a discount of 3% can be taken on the items purchased only if the person pays within 10 days.
If they don't pay within 10 days, they will have to pay the entire balance within 45 days of having made the transaction.
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Often a commercial payer will implement changes to claims completion requirements throughout the year, and most providers discover these changes: a. on the accept assignment form b. from their explanation of benefits c. when claims are denied d. on the superbill
The correct statement is when claims are denied.
What is the commercial paper? What is the duration of the commercial paper?The commercial papers are the short term money market instruments, that are issued by the companies which holds a good credit rating.
Usually, the maturity date of the commercial paper lies between the fifteen days or up to one year.
The companies mostly issued the commercial papers to meet their short term liabilities.
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A summary of the time tickets is as follows: Job No. Amount 100 $2,680 101 2,220 104 4,070 108 4,640 Indirect 14,280 111 2,830 115 1,860 117 12,570 Journalize the entry to record the factory labor costs. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select - - Select - - Select -
The journal entry to record the factory labor costs (as per the time tickets) is as follows:
Journal EntryDebit Work in Process:
Job 100 $2,680
Job 101 2,220
Job 104 4,070
Job 108 4,640
Job 111 2,830
Job 115 1,860
Job 117 12,570
Debit Factory overhead $14,280
Credit Factory Labor costs $45,150
Data Analysis:Job No. Amount
100 $2,680
101 2,220
104 4,070
108 4,640
111 2,830
115 1,860
117 12,570
Factory overhead (Indirect labor costs) $14,280
Thus, the factory labor costs are debited to the Work in Process for various jobs and the factory overhead (indirect costs), while the credit entry goes to the Factory Labor Costs account.
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Job order production is most likely used by companies that produce: multiple choice question. customized wedding cakes cake pans chocolate chip cookies cookie sheets
Job order production is most likely used by companies that produce customized wedding cakes.
What is Job order production?
Job order production is used to producing customized products for a specific customer. Because each order or job is a personalized order submitted by the customer.
Producing bespoke wedding cakes to order for particular occasions or to fulfill the needs and desires of customers. The product is custom-ordered by the consumer, and the manufacturer develops and manufactures it.
As a result, Job order production is producing designed product to fulfill the customer needs such as customized wedding cakes.
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When Julio and Max to become the number one window-cleaning company in their city, they were engaging in the management function of
Julio and Max are engaging in the management function of leading because they will set as examples for the other cleaning company.
What is a management function?This function refers to the discipline that are important for carrying out a successful business practice
The five general functions includes planning, organizing, staffing, leading and controlling.
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Jan recently submitted a request for additional printer paper and ink cartridges for the printer in Martin's cubicle. Martin is the only person in the office who uses the printer. For this purchase, Martin could be considered by the buying center to be the
For this purchase, Martin could be considered by the buying center to be the user.
Who is a user?A user is someone who use a product or a person who bought a product or goods for their personal use or for their own usage.
Martin is considered by the buying center a user because he is the only person that uses the printer.
Therefore the correct answer is user.
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Economic profit is equal to total revenue minus the Group of answer choices explicit cost of producing goods and services. implicit cost of producing goods and services. accounting cost of producing goods and services. opportunity cost of producing goods and services.
Answer:
accounting cost of producing goods and services.
Explanation:
A six-month moving average forecast is generally better than a three-month moving average forecast if demand: Group of answer choices follows an upward trend. exceeds one million units per year. has been changing due to recent promotional efforts. follows a downward trend.
A six-month moving average forecast is generally better than a three-month moving average forecast if demand: is rather stable.
What is stable demand?This is the type of demands that occurs where by there is no change in the demand over a period of time.
The stable demand is known to have the same shape or remain the same way for a period of time.
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What is the total annual dividend received from
owning 100 shares of stock A, if Company A
issues a $0.20 quarterly dividend to its
shareholders?
There are 4 quarters to a year.
0.20 x 4 = $0.80 per year per stock
100 x 0.80 = $80 per year.
answer: $80
Pvt thompson is directed to move a 24-foot metal extension ladder from the supply room to the barracks for a work detail the next day. she has to cross a 300-meter open field to get to the barracks. there is a thunderstorm in the local area forecasted to last for two hours. pvt thompson decides to wait until the thunderstorm passes before moving the ladder across the field. which type of control option did this marine use to mitigate the risk of the thunderstorm
The control option that marine use to mitigate the risk of the thunderstorm is known as delay an action.
What is a risk mitigation?This refers to any risk strategy that prepares for or lessen the effects of threats faced by a business, firm etc
When PVT decides to wait until the thunderstorm passes before moving the ladder across the field, then, the control option that marine use to mitigate the risk of the thunderstorm is known as delay an action.
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INTERVIEW a business owner on the crisis experienced in the workplace attach an interview schedule as part of your oral presentation
Interview helps to select the best fit for a Job.
What is interview?Interview is usually an interactive sessions between an intending employee and the human resources personnel.
The sessions is to know if the individual is the best fit for a job.
Therefore, Interview helps to select the best fit for a Job.
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Question 3 of 10
If you achieve excellence in music, film, dance, literature, or visual arts, you
might qualify for this type of scholarship.
A. Underrepresented student scholarship
OB. Athletic scholarship
OC. Academic scholarship
D. Creative scholarship
Answer: Creative scholarship
Explanation: Because
If you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship. The correct option is (D).
What do you mean by the Creative scholarship?When you reimagine an existing piece of art or construct a new one from scratch, you are engaging in creative scholarship.
For fine arts students with talents in the visual arts, there are numerous innovative scholarship opportunities. Photography and design-based disciplines like painting, graphic design, and animation are considered visual arts majors.
You can participate in your field as both a student and a scholar through research and creative scholarship. Development of new knowledge and its discovery with the intention of disseminating it through publications, performances, and presentations.
Therefore, if you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship.
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5 things that local business can do to end unemployment
How should disability payments, which are non-taxable, be analyzed in order to fairly calculate the customer’s ability to pay?.
In order to calculate a customer's ability to pay, disability payments shall be analyzed by creating an income or a debt ratio.
What are disability payments?
A payment which is received by an individual on account of not being able to work or provide his services due to the illness, or any medical conditions as such, is known as a disability payment.
The disability payments are non-taxable, which means that a person is not liable to pay taxes over the income made through disability payments during the taxable year.
Hence, the significance of disability payments is given above.
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Using online and mobile banking apps to schedule automatic transfers of money into your savings account can help you _____. everfi
Using online and mobile banking apps to schedule money transfers to your savings account can help you meet savings goals.
How to manage personal budget?It is essential to organize your accounts and expenses in a structured way, allocating resources to be used according to your needs and desires. For this you can use technological resources, creating spreadsheets in applications increasing control over your budget.
Therefore, the control over the personal budget helps in the individual financial balance, organizing the accounts according to their needs.
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Why must a marketing manager consider pricing objectives and constraints?.
Answer:
marketing manager considers pricing objectives and constraints to narrow the range of choices among the variety of pricing strategies demand curve enables a firm to examine prices in terms of quantity sold cost changing constraints as a result most firms change the price of their products more often if they sell online
Explanation:
When independent auditors are able to maintain their actual independence, it is referred to as independence in _____.
An independence in fact occurs when independent auditors are able to maintain their actual independence,
What is a Real independence?This refers to independence of the auditor also known as independence of mind.
Therefore, an independence in fact is when independent auditors are able to maintain their actual independence.
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A firm can signal the high quality of its product by Group of answer choices spending nothing on advertising to convey that the product is so good that the firm does not even need to advertise. spending a large amount of money on advertising. getting a patent for the product. not worrying about getting a patent for the product.
Spending a large amount of money on advertising is the firm can signal the high quality of its product.
Why companies spend large amount on advertising?Companies spend sufficient amount of money on advertising because, promotions play an essential role, and it is direct related to the selling of the end products, and eventually it helps them to generate more revenue.
Thus, option A is correct.
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By how many units does a $1 increase decrease demand?
...5 unit...?_-0.18..-
Mieko wants to finance her first home, and she'd also like use the same bank for her personal checking and savings. she doesn't belong to any
groups and she's also self-employed. which is her best banking option?
oa retail bank
ob. commercial bank
oc. credit union
od online bank
Mieko's best option to finance her first home and open checking and savings accounts is a retail bank.
What bank should Mieko use?Retail banks offer services to individuals which make them more likely to care about the needs of a self-employed person like Meiko.
They also offer reasonable interest rates which will allow for Meiko to get funding to finance her first home.
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Which of the following is not one of the four main types of inventory?
a. raw material inventory
b. work-in-process inventory
c. maintenance/repair/operating supply inventory
d. safety stock inventory
e. All of these are main types of inventory.
Answer:
All of these are main types of inventor.
Of all the given types of inventory, the one which is not on the list of four main inventory is the safety stock inventory. Hence, Option D is correct.
What is an inventory?
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.
There are four basic categories of inventory: finished items, MRO, WIP, and raw materials/components. All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Thus, Option D is correct.
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The product development team of north balance, a new workout routine, is brainstorming
ideas and searching for new routine ideas for their workout. what stage is the company in of
new product development?
Idea generation stage is the company in of new product development. The product development team of north balance, a new workout routine, is brainstorming ideas and searching for new routine ideas for their workout.
What is the idea generation in product development?Idea generation stage is the stage where one has the idea of doing something unique, at that time they just analyses the need of something. After generation of, the Person evaluates the circumstances and the starts taking action to the idea.
Thus, it is Idea generation stage
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Hanson Aquatics manufactures navigational equipment. As a new Hanson employee, Lyndon Kiely was told that even if he decides not to join the union that represents the company's employees, he must pay the dues. Hanson has a(n) _____ shop.
If he must pay the dues. Hanson has a(n) agency shop.
What is agency shop?An agency shop can be defined as a shop in which the employer may decide to recruit a person that is member of the union or a person that is not part of the union.
In this agency shop it is not mandatory for an employee which not member of the union to join the union but the employee must always pay the dues.
Therefore Hanson has a(n) agency shop.
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When the owner of a small business started the company, she spent time identifying goals, managing resources, and determining the actions leading to the achievement of the goals. This describes making decisions about
Based on the actions of the small business owner to identify goals amongst others, the decisions were about strategy.
What are strategic decisions about?The strategic decisions of a company are those that are meant to ensure the company meets its goals.
To do this, the goals would need to be determined and then a plan needs to be made to show how company resources can be used to achieve those goals.
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How does a magazine sustain the alternating interests of readers who on account of life issues are moving on to the next segment outside of the topical limits of a publisher's title
One way a magazine can sustain reader interest which are alternating is to take advantage of outside partnership from other print medias.
What is Reader Interest?This refers to the level of interest a group of readers have for a particular written literature and whether they have low or high reception to the written work.
Hence, we can see that based on the fact that a magazine is periodical, it is possible to enter a partnership with another print media who has no such limits to a publisher's title to publish and hence, maintain reader's interest.
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_____ is the breaking down of large shipments of similar merchandise into smaller, more usable quantities that can be sold to consumers and end users.
Breaking bulk is the breaking down of large shipments of similar merchandise into smaller, more usable quantities that can be sold to consumers and end users
What is breaking bulk?Breaking bulk can be regarded as the process involving delivering single units to retail outlets,, this is different from delivering using alot of units.
Therefore, breaking bulk involves distribution of goods and merchandise from the distribution centers using segments rather bulk.
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joseph is eligible for a non taxable life insurance benefit with an annual premium of $400 paid entirely by his employer. Assuming Joseph is in a 28% bracket, how much would he have to earn to pay for this benefit with after-tax dollars
Based on the fact that the non-taxable life insurance benefit is $400, the amount that Joseph would have to earn is $555.56.
How much should Joseph earn?This can be found as:
= Non-taxable benefit amount / (1 - tax bracket rate)
Solving gives:
= 400 / (1 - 28%)
= 400 / 0.72
= $555.56
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Which of the following is a difference between flow shops and job shops? a. Unlike flow shops, job shops require little or no setup time. b. Unlike flow shops, job shops are organized around a fixed sequence of process steps. c. Unlike flow shops, job shops require frequent machine changeovers and delays. d. Unlike flow shops, job shops produce many large-volume goods and services.
The difference between flow shops and job shops is that unlike flow shops, job shops require frequent machine changeovers and delays.
What is a job shop?The shops, which specialize and are involved in the manufacturing and production processes, which are typically medium-sized enterprise, and conduct different types of job after the completion of one, are job shops.
Hence, option C holds true regarding a job shop.
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The ipad disrupted consumer equilibrium because spending shifted from alternative products with a(n) ______ marginal-utility-to-price ratio to ipads as a way to increase total utility.
The ipad disrupted consumer equilibrium because spending shifted from alternative products with a(n) lower marginal-utility-to-price ratio to ipads as a way to increase total utility.
Consumer's Equilibrium can be defined as the satisfaction a consumer derived from using a product.
Total utility and marginal utility work together or hand in hand as it tend to determine the satisfaction a consumer derived after a product consumption.
Therefore an increase in total utility can tend to lower marginal utility.
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Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished goods inventory was 25,000 units at $310,000. Determine the cost of goods sold for 210,000 units, assuming a FIFO cost flow. $fill in the blank 1
The cost of goods sold for 210,000 units using a FIFO cost flow for Pine Creek Company during the year is $3,085,000.
What is FIFO?FIFO means First-in, First-out.
The FIFO cost flow method is an accounting technique to determine the cost of goods sold and ending inventory based on the assumption that goods produced first are the first to be sold.
The FIFO method is the opposite of the Last-in, First-out (LIFO) method.
Data and Calculations:Number of units produced = 200,000 units
Cost of production = $3 million
Unit cost of production = $15 ($3,000,000/200,000)
Beginning finished goods inventory = 25,000 units
Cost of Beginning inventory = $310,000
Cost of goods sold = $3,085,000 ($310,000 + $15 x 185,000)
Thus, the cost of goods sold for 210,000 units using a FIFO cost flow for Pine Creek Company during the year is $3,085,000.
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