Business

Schweitzer realized that in many cases individuals could only accomplish direct human service in collaboration with official organization. What he wanted was: to help fund such organizations. to be a leader in such organizations. an absolutely personal and independent activity. to increase the number of official organizations dedicated to direct human service.
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The first step in merchandise management planning is to __________. [This question has been randomly selected from a pool of 5 questions. For optimal success in this class, repeat this chapter's questions until you are sure you are acquainted with all of the alternate versions of each question.] allocate merchandise to stores set inventory and product availability levels forecast category sales configure a model stock plan develop an assortment plan
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A regional trucking company landed a contract to supply products for a major retailer. To do this, it needs to hire an IT professional to create a shipment database. The new hire should be able to complete which tasks? Check all that apply.
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Which of the following aspects of the sales process is most likely to make or break a sale?A. generating leadsB. qualifying leadsC. establishing rapportD. assessing needs
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Shelley was initially moderately in favor of a proposal to build a city bike path. At a meeting, she learns that not only will the path provide recreational opportunities and allow for some decrease in traffic, but that in towns with paths, the crime rate tends to go down and businesses along the path do better. She is now strongly in favor of the proposal. The theory that best explains her change of opinion is the __________ theory.
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What is the basic economic problem that happens because people have unlimited wants but resources are limited? *A opportunity cost B sunk cost C needsD scarcity
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Areas of land are divided by appropriate authorities into zones within which various uses are permitted. Thus, zoning is a technique of land-use planning as a tool of urban planning used by local governments in most developed countries. Because of the importance of zoning and regulating the manner of property use, which of the following statements is most accurate?a. changing zoning to allow some landowner to use property other than what is permitted for that land is 'spot zoning' and unlawful in most statesb. it is almost impossible to obtain a variance in zoningc. variances were rendered unlawful pursuant to the federal civil rights laws because they were used to discriminate against people unlawfullyd. it is possible to obtain a variance to use property for purposes other than how the property is zoned, but in granting permission for such a special use the governing entity granting such permission must use its discretion to insure compatible use and that zoning scheme is not disrupted
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Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2021: Operating income $ 269,000 Income on discontinued operations 55,000 All income statement items are subject to a 25% income tax rate. In its 2021 income statement, Freda's separately stated income tax expense and total income tax expense would be:
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DinnertimeA professor is planning an informal gathering for 100 or so of his closest friends. The project breaks down as follows:Activity Time Predecessor Call planner 12 Book caterer 10 Hire quartet 9 Call planner Schedule cleaning crew 15 Call planner Stock wine cellar 7 Book caterer Hire valets 8 Schedule cleaning crew, Stock wine cellar Schedule butler overtime 13 Hire quartet, Hire valets 1. Refer to Table I, Which of these is not a critical path activity?1) schedule cleaning crew2) hire quartet3) hire valets4) schedule butler2. Refer to Table I, What is the slack time for the Stock wine cellar activity?1) 142) 83) 104) 123. Refer to Table I, What is the fastest this project can be completed?1) 382) 483) 344) 44
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Examples of countries that operate under the free market economy
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Assume there is an economy with a single bank, and the central bank sets the reserve requirement ratio at 5%. Assume also that the only bank had no transactions (i.e., no loans, reserves, or deposits) prior to an individual who deposits $2000 of currency with the bank.a. As a result of this deposit, calculate the amount of required reserves, actual reserves, and excess reserves. b. After the bank has issued the maximum amount of loans, what will be the total amount of loans, deposits, and money in the economy? c. What is the size of the money multiplier for this economy?
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Superior Company has provided you with the following information before any year-end adjustments: Net credit sales are $122,500. Historical percentage of credit losses is 4%. Allowance for doubtful accounts has a credit balance of $650. Accounts receivables ending balance is $52,000. What is the estimated bad debt expense using the percentage of credit sales method
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Given the following information, calculate the going-in capitalization rate for the following apartment complex. In your calculations, assume no miscellaneous income and above-the-line treatment of capital expenditures. Number of apartment units: 15 Monthly rent per unit: $3,000 Vacancy and collection loss: 10% of potential gross income Operating expenses: 5% of effective gross income Capital expenditures: 10% of effective gross income Acquisition price: $3,420,000a. 0.81%b. 1.01%c. 13.50%d. 15.79%e. 12.08%
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An office building is expected to create operating cash flows of $30,500 a year for three years, based on tenants' rental income. The purchase of the fixed assets for this building will cost $63,000. These assets will have no value at the end of the project. An additional $2,000 of net working capital will be required throughout the life of the project. Calculate the net present value of this project if the required rate of return is 14 percent
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Journalize the entry for Hot Rod Service using the following data from the payroll register: Regular earnings $16,370 Overtime earnings 903 Federal income tax withheld 2,268 Social Security tax withheld 827 Medicare tax withheld 194 Pension contribution from employees 711 Health insurance premiums 807 If an amount box does not require an entry, leave it blank.Date Description Post Ref. Debit Credit
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Daniel is the vice president of an insurance company that sells workers' compensation insurance. Recently, the company has identified problems of cost control in all of its offices. Daniel formed a team composed of the sales managers of all the four regions, along with some staff members from the company's informational technology and administration departments, to study the problem and make recommendations. This team is an example of a:
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What is an example of a 'Sunk cost" ? *A the price of food when cooking a mealB. the price of a video game when buying a birthday presentC. the price of last month's car repairs when getting your car fixed D the price of college when getting a job
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how to use standard deviation, I don't really understand how to calculate and use the formula, someone can please give me an example with formula it would be great thank you so much.
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TB MC Qu. 10-149 (Algo) ABC Corporation makes a product ... ABC Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 7.7 grams $ 2.30 per gram Direct labor 0.5 hours $ 23.00 per hour Variable overhead 0.5 hours $ 7.30 per hour The company produced 5,500 units in January using 39,610 grams of direct material and 2,410 direct labor-hours. During the month, the company purchased 44,700 grams of the direct material at $2.00 per gram. The actual direct labor rate was $22.30 per hour and the actual variable overhead rate was $7.10 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead rate variance for January is:
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Good relationship selling increasesA. customer satisfactionB. customer qualificationC. word of mouthD. customer retention
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Wildhorse Co. just began business and made the following four inventory purchases in June: June 1 168 units $1008 June 10 224 units 1568 June 15 224 units 1792 June 28 168 units 1512 $5880 A physical count of merchandise inventory on June 30 reveals that there are 224 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is
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Just before the year ended, a company offered to buy 4,120 units for $14.95 each. X Company had the capacity to produce the additional 4,120 units, but because the special order product was slightly different than the regular product, direct material costs were expected to increase to $2.40 per unit, and some special equipment would have to be rented for a total of $19,000.Sales $1,225,500 Cost of goods sold 521,805 Gross margin $703,695 Selling and administrative costs 153,510 Profit $550,185 Fixed cost of goods sold for the year was $130,935, and fixed selling and administrative costs were $72,885. The special order product has some unique features that will require additional material costs of $0.90 per unit and the rental of special equipment for $3,000. Assume the following fact: regular variable selling and administrative costs include sales commissions equal to 4% of sales, but there will be no sales commissions on the special order. This will cause the special order profit to increase by:__________
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Abigail does not feel that the company is paying her enough money to live on, despite the fact that she works hard. The quality of this_____________ (lack of belongingness, motivator, lack of power, hygiene factor) will make her dissatisfied with her work, according to Frederick Herzberg.
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Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $63,000, and it estimates that 5% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $1,071 credit balance before the adjustment. (b) a $315 debit balance before the adjustment.
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