The example of sliced bread teach us It teaches us that no matter how are excellent one's product or service is, if a person do not market or spread it to the world, it will not sell that much.
It connote that for one's business to have success, one do need to spread it so that a lot of people know that this product do exists and that is a very good one.What is your business marketing plan?A marketing plan is known to be a component of a business plan. Marketing plans is one that has all the information about a firm's products and/or services and tells how potential customers will be known.
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On May 1, 2020, Course Co. borrowed $16,000 and signed a three-year note bearing interest at 6% per annum. Interest is payable quarterly, starting on July 31. What amount should Course report as a liability for accrued interest on its December 31, 2021 balance sheet
The amount that Course Co. should report as a liability for accrued interest on its December 31, 2021 balance sheet is $240.
What is accrued interest?Accrued interest is an accounting expression that shows a liability for interest payment has been incurred for a loan but the payment has not yet been made.
For Course Co., it incurs accrued interest of $240 every quarter for the three-year note payable. Usually, the accrued interest is paid at the beginning of the next quarter.
Data and Calculations:3-year note payable = $16,000
Rate of interest = 6% per year
Date of loan = May 1, 2020
Interest payment = quarterly or 4 times annually
Interest per quarter = $240 ($16,000 x 6% x 1/4).
Thus, the accrued interest on Course Co.'s December 31, 2021 balance sheet is $240.
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Explain 2 main ways to increase added value.
Answer:
7 Ways To Add Massive Value To Your Business
The Faster The Better. The first way to increase value is simply to increase the speed you deliver the kind of value people are willing to pay for. ...Offer Better Quality. ...Add Value. ...Increases Convenience. ...Improve Customer Service. ...Changing Lifestyles. ...Offer Planned Discounts.Explanation:
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Lake acquired a controlling interest in Boxwood several years ago. During the current fiscal period, the two companies individually reported the following income (exclusive of any investment income):
Lake $ 363,000
Boxwood 120,000
Lake paid a $60,000 cash dividend during the current year, and Boxwood distributed $5,000.
Boxwood sells inventory to Lake each period. Intra-entity gross profits of $22,400 were present in Lake's beginning inventory for the current year, and its ending inventory carried $41,500 in intra-entity gross profits.
View each of the following questions as an independent situation. The effective tax rate for both companies is 21 percent.
If Lake owns a 60 percent interest in Boxwood, what total income tax expense must be reported on a consolidated income statement for this period? (Round the intermediate calculations and final answers to the nearest dollar amount.)
If Lake owns a 60 percent interest in Boxwood, what total amount of income taxes must be paid by these two companies for the current year? (Round the intermediate calculations and final answers to the nearest dollar amount.)
If Lake owns a 90 percent interest in Boxwood and a consolidated tax return is filed, what amount of income tax expense would be reported on a consolidated income statement for the year?
a) With Lake's 60% controlling interest in Boxwood, the total income tax expense reported on a consolidated income statement for this period is $99,023 ($471,540 x 21%).
b) With Lake's 60% controlling interest in Boxwood, the total amount of income taxes payable for the current year is $101,400 ($363,000 + $120,000) x 21%.
c) With Lake's 90% controlling interest in Boxwood, the amount of income tax expense to be reported on the consolidated income statement for the year is $97,820 ($465,810 x 21%).
What is controlling interest?Controlling interest exists when a company or an individual owns more than 50% of the shareholdings of another company. This gives the investor shareholder a majority voting share to influence decisions of the subsidiary company.
Data and Calculations:Lake Boxwood
Income reported $363,000 $120,000
Dividend paid 60,000 5,000
Dividend income 3,000 ($5,000 x 60%)
Increase in intra-entity gross profits = $19,100 ($41,500 - $22,400).
Excludable intra-entity gross profits = $11,460 ($19,100 x 60%).
Consolidated Income = $471,540 ($363,000 + $120,000 - $11,460)
Excludable intra-entity gross profits = $17,190 ($19,100 x 90%).
Consolidated Income = $465,810 ($363,000 + $120,000 - $17,190)
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how a teacher can use motivational strategies to control problem behavior in classroom give an example
The Earth’s mantle is made up of Tectonic plates that are forever moving as the Earth cools down. This happens over billions of years, and one of the most notable ones is around the Pacific rim where Earthquakes, (seismic activity) happens quite often
The Rift Valley in Ethiopia lies along the edge of the African Tectonic Plate, and continues down through parts of Somalia and into Kenya.
Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia
Here are some strategies that can be used in the classroom to help motivate students:
Promote growth mindset over fixed mindset. Develop meaningful and respectful relationships with your students. Grow a community of learners in your classroom.Establish high expectations and establish clear goals. Be inspirational.In order to promote growth in living standards, policymakers must a. rise taxes to increase government revenue. b. minimize accumulation of factors of production. c. protect property rights and maintain political stability . d. promote bureaucracy
To promote growth in living standards, policymakers must : Property rights and maintain political stability.
What is property right?Property right is the access granted to someone to have legal and intellectual ownership of assets and resources. This gives the owner full benefit of enjoying the properties.
Property rights are essential because it gives the owners of their property full control over its use, hence promote growth in living standards.
Hence, policymakers must property rights and maintain political stability in order to promote growth in living standards.
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The accounts receivable aging report:
a. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day
b. contains a computer-generated list of procedures, services, and supplies with charges for each
c. contains the same information as a paper-based remittance advice
d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients
Answer:
A. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day
The accounts receivable aging report: d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients.
What is accounts receivable aging report?Accounts receivable aging report is a report that help to record customers or clients balances that are yet to be paid as well as the date which shows how long the invoice balances has remain outstanding.
The accounts receivable aging report important as it help to summarize and categorize a company or an organization account receivable that are due from customers at a particular period of time.
Inconclusion the accounts receivable aging report: d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients.
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Can Tatar come off your teeth?
Answer:
the dentist can remove it, or you can try flossing it out depending if it's between your teeth or on the surface i guess you can try using an electric toothbrush too
Answer:
Once tartar has formed, only a dental professional will be able to remove it from your teeth. So, visit your dentist every 6 months to remove any plaque and tartar that might have formed and to prevent further problems.
Gasoline currently sells for about $3 a gallon in the small town of Penfield. In an effort to help out the college students from a nearby university who road trip every year to see the old Greek Revival Chapel, the town is considering passing a law that will make it illegal to sell gasoline for more than 25 cents a gallon. What is the most likely result of such a price control
A likely result of the price control is a shortage of gasoline.
What is a price control?A price control is when the government or an agency of the government sets the price of a good or service. When the government sets the maximum price for a good, it is known as price ceiling.
A price ceiling can result in:
shortages development of black market.it increases consumer surplus.To learn more about a price ceiling, please check: brainly.com/question/24312330
The most likely result of the price control making it illegal to sell gasoline for more than 25 cents a gallon is artificial scarcity.
What is price control?Price control is an economic mechanism instituted by the government to control the prices of goods and services.
Through price control, the government may regulate a price ceiling like 25 cents a gallon for gasoline. The implication is that sellers of gasoline in the town cannot sell above 25 cents per gallon.
Thus, the resultant effect of the price control of a gallon of gasoline by the town is artificial scarcity.
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Which of the following is NOT part of value-chain analysis? (a) product research (b) quality management (c) supply chain management (d) project management (e) human resources
Answer:
c? , supply chain management
A friend proposes a gamble to you. You roll 2 fair, six-sided dice, and add up the results of each die to find your total number. If your roll totals a 5 or 7, your friend pays you $10. If you roll any other total, you pay your friend $4. What is your expected payoff from playing this game 100 times
The payoff if you gamble 100 times is 22 dollars.
What is the probability of getting a 5 or a 7?When you roll two dices, there are 36 different probabilities. Based on this number let's find out the probability of getting a 5 or a 7.
5= 1+4 / 4+1 /2+3 /3+27= 1+6/6+1 /2+5/ 5+2/3+4/4+3This means the probability is 10/36 or 0,277 or 27%.
How many times will you probably win?If you play 100 times you will win 27 times, this means you will get $270. In the same way, you will lose 73 times and this means you will pay $292.
This means the payoff would be -22 dollars (292-270=22).
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Compare the major antitrust acts of the United States. Specify the intent and purpose of each, and draw conclusions about their effectiveness.
Some of the major antitrust acts of the United States are:
the Sherman Act;the Clayton Act; and.the Federal Trade Commission Act (FTCA).What is Antitrust Act?This refers to the federal laws which regulates the conduct of businesses to make sure that they engage in fair practises which helps to avoid monopolies.
With this in mind, we can see that the intent and purpose of the antitrust acts are to avoid monopolies, to ensure balanced competition and to avoid unlawful mergers.
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Brutus Buckeye Co announces the existence of substantial new oil reserves. The exploitation of these reserves is expected to increase the company's free cash flow by $100 million per year for eight years. If investors had not been expecting this news, what is the most likely effect on the company's stock price upon the announcement, given that the company has 80 million shares outstanding, no debt, and an equity cost of capital of 11%
The most likely effect on the company's stock price upon the announcement is $6.43.
Likely effect on the company's stock priceFirst step is to find the present value of 100 million for 8 years at 11% using PV table.
PV of 100 million for 8 years at 11%:
PV= $514.6123 million per share
Second step is to calculate the Effect on stock price
Effect on stock price= $514.6123 million / 80 million
Effect on stock price = $6.43
Inconclusion the most likely effect on the company's stock price upon the announcement is $6.43.
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Sort the following statements based on whether demand is relatively elastic or relatively inelastic. There are four pairs of statements, each pair relating to a different determinant of demand elasticity.
The correct matching of the given scenarios are"
Klaus' demand for orange juice- Relatively elasticAmanda's annual demand for coffee- Relatively elasticJackson's demand for mystery novels- Relatively inelasticHermy's demand for Minute Maid orange juice- Relatively inelasticOlivia's daily demand for Starbucks latte- Relatively inelasticStephen spends a very little part of his income on soda- Relatively elasticXavier's demand for his economics textbook- Relatively inelasticWhat is Elasticity of Demand?This refers to the substantial change in demand of a particular product as a result of an economic factor.
With this in mind, we can see that inelastic demand has to do with the situation where the demand does not change regardless of the price change.
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Alfred received a bonus and didn't need it for at least a year, so he wanted to put in somewhere where it would earn more interest than a savings account. What is the best option for Alfred
To save money and make profit, the best option for Alfred is money market.
What is money market?The money market is known to be a term that connote the act of dealing with debt of less than one year.
It is often used by governments and corporations to keep one's cash flow steady, and for potential investors like Alfred to make a honest profit.
See options below
What is the best option for Alfred? Multiple Choice
eBook O
checking Print
cash
NOW
money market
certificate of deposit
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Answer:
Certificate of Deposit
Explanation:
Uber and Spotify have a streaming partnership that allows riders to stream their personal Spotify playlists while riding with Uber. This inter-organizational relationship affords both Uber and Spotify a business advantage and is best described how?
The partnership between Uber and Spotify who had a streaming partnership is an example of strategic alliance.
What is a strategic alliance?
A strategic alliance refers to a business arrangement between firms to undertake a mutually beneficial project while each retains its independence
In conclusion, the benefit of a strategic alliance is that its allow partners to scale quickly and build innovative solutions for their customers.
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Answer:
The partnership between Uber and Spotify which had a streaming partnership is an example of a strategic alliance.
What is a strategic alliance?
A strategic alliance refers to a business arrangement between firms to undertake a mutually beneficial project while each retains its independence
In conclusion, the benefit of a strategic alliance is that its allow partners to scale quickly and build innovative solutions for their customers.
The beneficiary is the person who:
a. is eligible to receive health care benefits
b. accepts assignment
c. oversees coordination of benefits
d. receives the provider remittance notice
Answer:
[D] receives the provider remittance notice
Explanation:
A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products.
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Which protects whistleblowers from retaliation?
a. MIPPA
b. PPACA
c. ARRA
d. HIPAA
Answer:
HIPAA
Explanation:
HIPAA stands for Health Insurance Portability and Accountability ActIt was passed in 1996.It protects whistle blowers from retailation
Subject: economics/history
Can someone help me with this
Extra points because this whole problem is just ://
Answer:
Worker is correct
Explanation:
good job on getting it right!
What is the purpose of DSM-5?
Answer:
manual for assessment and diagnosis of mental disorders and does not include information or guidelines
In the sentence They discussed four important issues at the meeting, the word at is a(n) ____.
preposition
adverb
conjunction
adjective
From the sentence, it can be deduced that "at" is used a preposition.
What is a preposition?It should be noted that a preposition simply means a word that is used before a noun or pronoun to show direction, place, time, etc.
In the sentence "They discussed four important issues at the meeting", the word at is a preposition. It is used to show where the issue took place.
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Nate collected Social Security payments of $220 a month in Year 1. If the price index rose from 90 to 108 between Year 1 and Year 2, then his Social Security payments for Year 2 should have been a. $238. b. $264. c. $257. d. $228.
The social security payment that will be paid in this scenario will be B. $264.
How to calculate the social security paymentFrom the information given, Nate collected Social Security payments of $220 a month in Year 1 and the price index rose from 90 to 108 between Year 1 and Year 2.
Therefore, the Social Security payments for Year 2 will be:
= 220 × (108/90)
= $264
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Nike purchases a patent that costs $12,000. The patent is sold 7 years later for $16,372. What is the nominal rate of return on this investment
The nominal rate of return on this investment is 4.5%.
What is the nominal rate of return?
In order to determine the nominal rate of return, the internal rate of return would be calculated. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested.
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-12,000
Cash flow in year 1 - 6 = 0
Cash flow in year 7 = $16,372.
IRR = 4.5%
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Which of the following statements is false?
A. Accounting is the information system that measures business activities, processes that information into reports, and communicates the results to decision makers.
B. Owners of a corporation are personally liable for the debts of the corporation.
C. Financial statements report financial information about a business entity to decision makers.
D. The purpose of financial accounting is to provide information to people outside of the entity, such as investors and creditors.
Answer: B
Explanation:
As a general rule, owners, such as investors, in a public corporation are only liable for the money they have invested into the business. They can only lose what they have invested in the business. So, if the company goes bankrupt, the creditors cannot claim the owner’s personal assets.
Mark fell behind in some of his bills and now a percentage of what he owes a
creditor is taken out of his paycheck. What is this an example of?
A. A surety
B. A garnishment
C. A foreclosure
D. Alien
Answer:
The correct answer is B. A garnishment
Explanation:
When a debtor falls behind on their debt, the creditor is entitled to seize assets/wages to pay for it.
Two products, product A and product B, have the same prices, costs and salvage values. The demands for both products are normally distributed with the same mean. However, the standard deviation of product A's demand is greater than the standard deviation of product B's demand. For which product, the value of a crystal ball (the perfect forecasting system) is higher?
Because the standard deviation of product A's demand is greater than the standard deviation of product B's demand, the value of product B is higher than product A.
What is a standard deviation?The standard deviation is the measure of the amount of variation or dispersion of a set of values. The standard deviation shows how spread out the values of a variable are, especially when compared with the values of another variable.
Thus, based on the greater standard deviation of product A's demand, the value of product B is higher than product A.
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During the past month, Jennifer Johnson had income of $3,500. During the month, her net worth declined by $300. If no other financial activities occurred, this means Jennifer's payments for the month were:
If no other financial activities occurred, this means Jennifer's payments for the month were $3,200.
What is income?Income is the money that a person gets by giving his services to a company common industry or as a freelancer. Income is used for paying house bills, food bills, and other bills of the person.
Companies engage in financial operations to further their goals and objectives in terms of the economy. They consist of occurrences and acts that have an impact on a company's equity and long-term liabilities. Financial activities include all actions involving the inflow and outflow of cash.
Income of Jennifer Johnson in the past was $3,500
Her income declined by $300
$3,500 - $300 = $3,200
Therefore, the income of Jennifer's payments for the month was $3,200.
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Pace Co. borrowed $10,000 at a rate of 7.25%, simple interest, with interest paid at the end of each month. The bank uses a 360-day year. How much interest would Pace have to pay in a 30-day month?
Answer:
Explanation:
Amount of interest need to paid is 30 day month
= 10000×(1.075)×30/360 = 60.42
Simple interest formula is
Interest for year is = 10000×7.5% = 750
Per month is = 750×30/360 = 60.42
The amount of interest that Pace would have to pay on the loan in a 30-day month is $60.42.
What is the interest that Pace would pay?Simple interest is when only the interest is applied to the principal amount that is borrowed and not on the interest already accrued.
Simple interest = principal x interest rate x 30/360
$10,000 x 0.0725 x 30/360 = $60.42
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If price increases by 12 percent and quantity demanded decreases by 12 percent, demand is:
- inelastic
- elastic
- unit-elastic
Answer:
inelastic
Explanation:
Price elasticity of demand = percentage change in quality /percentage change in price
-12/12=-1
This tells us that it is a relatively large price change in order to cause a relatively small change in quantity demanded. In other words consumer responsiveness to change is relatively small so it is inelastic
Levon sells cartoon balloons in town. His family business thrives. Levon's balloons are priced at $8.00 each and sells 350 balloons each month. His largest competitor, Paul, sells 874 balloons each month at a price of $3.00 each. Levon estimates the total balloon market in town to be 2000 per month at an average price of $5.00 per balloon. What is Levon's relative market share based on units
The market share of Levon is 28%
Market Share of LevonTotal revenue of Levon is calculated:
$8 * 350 balloons = $2,800 per month
Total Revenue of the market:
$5 * 2000 balloons = $10,000 per month
Dividing Total Revenue of Levon with Total Revenue of the market
$2,800 / $ 10,000 = 0.28
Convert into percentage by multiplying with 100
0.28 * 100 = 28%
Conclusion
The market share of Levon is 28%
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Bristo Corporation has sales of 1,900 units at $50 per unit. Variable expenses are 20% of the selling price. If total fixed expenses are $66,000, the degree of operating leverage is:
Answer: 7.6
Explanation:
Degree of operating leverage (DOL) = contribution margin / operating income
- contribution margin = sales - variable cost = [(1900 x $50) - (1900 x $50 x 20%)] = $95,000 - $19,000 = $76,000
- operating income = contribution margin - fixed expenses = $76,000 - $66,000 = $10,000
DOL = $76,000 / $10,000 = 7.6