Assume that the skills required of a sales clerk at a retail store are similar to those required of workers at a fast-food restaurant. If workers are completely indifferent between fast-food jobs and retail-sales jobs, in what way would the wages of sales clerks change, if at all?.

Answers

Answer 1

The ways that the way would the wages of sales clerks change, if at all is option B: It will rise as the supply of food service workers will rise.

What transpires when supply and demand both rise?

A basic point of economics is that when there is more supply than demand for an item or service, prices decline. Prices typically increase when demand outpaces supply. When demand is constant, there is said to be an inverse relationship between supply and prices of products and services.

Note that When demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will be one that will depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are said to be willing to supply each unit at a lower price.

From the image, wages increase is as a result of increase in numbers of workers. Hence option C is correct as it is in a state of equilibrium.

Learn more about demand and supply from

https://brainly.com/question/4804206
#SPJ1

Assume That The Skills Required Of A Sales Clerk At A Retail Store Are Similar To Those Required Of Workers
Assume That The Skills Required Of A Sales Clerk At A Retail Store Are Similar To Those Required Of Workers

Related Questions

jamaica corp. is adding a new assembly line at a cost of $8.5 million. the firm expects the project to generate cash flows of $5 million for the next four years. its cost of capital is 16 percent. what is the net present value of this project? (do not round intermediate computations. round final answer to nearest dollar.)

Answers

jamaica corp. is adding a new assembly line at a cost of $8.5 million. the firm expects the project to generate cash flows of $5 million for the next four years. its cost of capital is 16 percent, 19.87% or 20% is the net present value of this project.

What is cash flow?

The flow of money into and out of an organisation is known as cash flow. Cash spent indicates outflows, whereas cash received indicates inflows. A financial statement that details the sources and uses of a company's cash over time is called a cash flow statement.

Payroll, the cost of items sold, rent, and utility bills are a few examples of these financial outflows. When corporate activities are very seasonal, cash outflows might vary greatly.

Cash flow is crucial because it makes it possible for you to both fulfill your current financial responsibilities and make plans for the future.

Initial Cash Flow, CF₀ = -$8,500,000

So Year 0 Cash Flows, CF₀ = -$8,500,000

Year 1 Cash Flows, CF₁ = $2,000,000

Year 2 Cash Flows, CF₂ = $3,000,000

Year 3 Cash Flows, CF₃ =$4,000,000

Year 4 Cash Flows, CF₄ =$5,000,000

So Net Present Value = [CF₀+CF₁/(1+r) +CF₂/(1+r)2 +CF₃/(1+r)3+CF₄/(1+r)4]

If NPV =0; Then the discounting rate, r is the IRR of the project

So, 8.5 = [2/(1+r) + 3/(1+r)2 +4/(1+r)3+5/(1+r)4]

On solving for r using trial & error, we get IRR,

r = 0.1987 or 19.87% or 20%

To know more about cash flows refer to:

https://brainly.com/question/735261

#SPJ4

An increase in the amount of excess reserves that banks keep​ _________ the value of the money multiplier.

Answers

The value of the money multiplier is decrease when banks maintain more surplus reserves.

What is money multiplier?

A bank lends or invests its extra reserves to boost interest profits. For every increase in the price of gold, the money supply increases by more than $1. monetary foundation The money multiplier is the expansion of the money supply.

A money multiplier is one of several closely related proportions of commercial excess cash to central bank money in a fractional reserve banking system, according to monetary economics. It has to do with how much money from the central bank may be produced in the commercial banks up to a particular point. The money multiplier is important in macroeconomics because it regulates the money supply, which affects interest rates. Because it affects monetary policy as well as the stability of the financial system industry, it is also significant in the banking industry.

To know more about money multiplier, visit:

https://brainly.com/question/13988758

#SPJ1

One way the federal reserve can counter unemployment and stimulate spending is by?

Answers

Based on the macroeconomic concept, the one way the Federal reserve can counter unemployment and stimulate spending is by Decreasing the discount rate.

What is the Discount Rate?

The discount rate is a term used in government spending to describe the tools or methods used by the government to make it cheaper for commercial banks to borrow money,

Generally, the term discount rate helps to ensure there is an increase in available credit and lending activity throughout the economy.

The main cause of a decrease in the discount rate.

Usually, it is known that when there is a slow economy, the Fed enables growth in the economy and the money supply by reducing reserve requirements and decreasing the discount rate.

Hence, in this case, it is concluded that the correct answer is Decreasing the discount rate.

Learn more about the Discount rate here; https://brainly.com/question/9841818

#SPJ1

Although the initial cost of capital may be greater with local borrowing, it may be better to borrow locally if the.

Answers

Answer:

local currency is expected to depreciate on the foreign exchange market.

Explanation:

Although the initial cost of capital may be greater with local borrowing, it may be better to borrow locally if the local currency is expected to depreciate on the foreign exchange market

hightech, inc. has issued bonds that mature in 10 years that pay an 6% coupon semi annually on a $1,000 face value. if your require rate of return in 8%, what is the most you'd be willing to pay for this bond?

Answers

The current cost of a $1000 6% yield bond, the bond's price for ten years is $920. By summing up all annual coupons paid and dividing that number by the bond's face value, the coupon rate is calculated.

What is the current price of a $1000 6% coupon bond?

Working Note:

i= 6%

=6%/2 (compounded semi-annually)

=3%

n= 10

=10 x 2 (compounded semi-annually)

=20 years

Step 1:  Calculation of coupon payments:

Coupon payments= FV x (coupon rate/ no. of compounding)

=$1,000 x (8%/2)

=$40

Step 2: Calculation of bond’s MV:

MV of bonds= Coupon payments x [tex][1-{1/(1+i)^n}/i]+ FV/(1+i)^n[/tex]

=40 x[tex][1-{1/(1+3%)^20}/3%][/tex]+ 1,000/(1+3%)^20

=40 x 14.88 + 553.68

=595.10 + 553.68

= 1,148.77

Where,

FV= face value

MV= market value

i= yield

n= no. of period

Hence, the bond’s MV is $1,148.77.

The yield to maturity is determined using the current price of $800 as the starting point: 800 equals 1000 / (1 plus yield to maturity) Yield to Maturity = 1.25 times 1. yield to maturity is 25 percent

A bond's coupon rate can be determined by dividing the total annual coupon payments made by the security by the bond's par value. The coupon rate, for instance, is 5% on a $1,000 face value bond that pays a $25 coupon twice a year.

To learn more about hightech company refer to:

https://brainly.com/question/13098322

#SPJ4

a company has a beta of 3.25. if the market return is expected to be 14 percent and the risk-free rate is 5.5 percent, what is the company's required return?

Answers

If a company has a beta of 3.25. if the market return is expected to be 14 percent and the risk-free rate is 5.5 percent, the company's required return is 33.13%.

How to find the Required rate of return?

Using this formula to find the Required rate of return

Required rate of return = Risk-free rate + (Market return - Risk-free rate) x beta

Where:

Risk-free rate = 5.5%

Market return = 14%

beta = 3.25

Let plug in the formula

Required rate of return = 5.5% + (14% - 5.5%) x 3.25

Required rate of return = 5.5% + 8.5% x 3.25

Required rate of return = 5.5% + 27.625%

Required rate of return = 33.125%

Required rate of return = 33.13% (Approximately)

Therefore the Required rate of return is 33.13%.

Learn more about Required rate of return here:https://brainly.com/question/24301559

#SPJ1

in the 1980s, congress and the president responded to changes in the business climate by passing a broad new set of regulations on businesses. true false

Answers

This declaration is false. In the 1980s, Congress and the president responded to changes in the business climate by using passing a wide new set of guidelines on business.

What has Congress executed for climate change?

The U.S. House of Representatives today permitted the Inflation Reduction Act of 2022. The bill consists of about $370 billion in easy electricity and climate investments over the next 10 years

How has the authorities helped climate change?

Reducing U.S. greenhouse fuel emissions 50-52% beneath 2005 levels in 2030. Reaching one hundred percent carbon pollution-free electricity through 2035. Achieving a net-zero emissions economy by 2050

Global climate alternate was first addressed in United States coverage commencing in the early Fifties

Learn more about climate change here:

https://brainly.com/question/24316365#SPJ4

*40 POINTS*
1. Other than discount stores, what other kinds of businesses tend to focus on price in their marketing mix? Explain why this is their focus.

2. Why do those who highlight place in the marketing mix need to consider the supply chain and other elements of product?

3. Explain the difference between a marketing mix and a promotional mix. Why is each important?

4. Why is participation such a key element of marketing? Give three examples of how a dry-cleaning business can create opportunities for participation.

5. Give an example of an advertisement that you have seen for a service and explain which of the 7Ps were emphasized. Next, explain how the strategy behind advertisements for products tend to be different and why.

Answers

Nordstrom is an example of  other kinds of businesses that tend to focus on price in their marketing mix and their focus are on:

Target affluent customers who are less price-sensitive.Pay attention to items with higher profit margins, such apparel, jewelry, and cosmetics.Some departments might function as premium specialty shops that have an emphasis on improved "atmospheres.

The reason that those who highlight place in the marketing mix need to consider the supply chain and other elements of product is that:

In order to maximize the flow of goods, supply chain management incorporates a variety of internally oriented financial and efficiency goals. Marketing channels  element place a high emphasis on a market view of customer expectations and market dynamics.

What is the difference between a marketing mix and a promotional mix?

The emphasis of the marketing mix is on selling and promoting the good or service. Promotion Mix focuses on strategies to reach their target audience and influence them to buy the brand's goods. The marketing mix is more comprehensive.

Promotion Mix has a considerably more constrained scope because it is a component of Marketing Mix.

Participation is a key element of marketing because  Engaging your consumers will aid in the improvement of your goods and services. Based on the most urgent requirements of your target market, you can adjust and keep increasing the visibility of your company.

Therefore, one can say that Every component of your marketing mix can be governed by the 7Ps of marketing. To make sure you're conveying a clear and consistent message about your business and brand, you should take into account all factors, including product, price, place, promotion, people, procedure, as well as tangible evidence.

Learn more about marketing mix from

https://brainly.com/question/859394
#SPJ1

one of the reasons carlos continues to work at his job is the paycheck that he receives every two weeks. in the context of operant conditioning, carlos's paycheck is most likely a(n)

Answers

One of the reasons Carlos continues to work at his job is the paycheck that he receives every two weeks. in the context of operant conditioning, Carlos's paycheck is most likely a secondary reinforcer

What is a paycheck?

A paycheck is a check that an employee receives from their employer in exchange for their services. The worker then cashes the check to get paid. The employee also had the option of choosing to have their pay automatically deposited into their bank account on payday.

A stimulus that encourages a behavior after it has been connected to a primary reinforcer is called a secondary reinforcer.

As an illustration, when you give your dog a food reward and say, "Good boy," he receives both the main stimulation of the food reward and the secondary reinforcer of your vocal adulation.

Learn more about secondary reinforcer at:

https://brainly.com/question/14992178

#SPJ1

dividends paid to common stockholders be deducted from the payer's taxable income for tax purposes. multiple choice question. may can cannot should

Answers

Dividends paid to common stockholders cannot be deducted from the payer's taxable income for tax purposes.

What is dividend?

Dividend can be defined as the portion of profit that a company or an organization paid to stockholders based on the fact that stockholders are investors who invested their money into a company with an expectation  to share profit with the company they invested in.

Dividends paid to stockholders cannot be lessen  from the payer's taxable income for tax purposes as the dividend are portion of profit that companies paid to their stockholders.

Therefore the correct option is C.

Learn  ore about dividend  here:https://brainly.com/question/2960815

#SPJ1

T

The chapter explain five international marketing orientation. Which one mot applie to Tommy Hilfiger? Explain why

Answers

Utilizing a marketing mix framework that includes the 4Ps, Tommy Hilfiger's marketing strategy analyses the brand.

What is Tommy Hilfiger Product Strategy?Following are explanations of the product mix and strategy used by Tommy Hilfiger in its marketing campaign:Having a broad selection of garments and a significant global presence, Tommy Hilfiger is a well-known fashion brand. Numerous products in the high-end fashion and lifestyle segments are available from Tommy Hilfiger. In addition to focusing on American classic designs and giving them a contemporary spin, they offer buyers style, quality, and value. Its marketing mix offers a variety of product categories, such as: Denim GarmentsA watchShoesHandbags. Home furnishings and style Flavorings Eye protectionThe company has introduced a number of lines of brands and collections that enable it to appeal to a wider range of customers while also comprehending the various fashion preferences of each section. With offerings for men's, women's, men's, women's, shoes, and accessories, Tommy Hilfiger's core product line offers designs across 25 categories and is targeted at customers aged 25 to 40. There is a children's section of Tommy Hilfiger's website. The 18 to 30 age group is the target market for the Tommy Hilfiger Denims brand, which features more edgy and casual designs.

To Learn more About Tommy Hilfiger's marketing strategy refer To:

https://brainly.com/question/15309083

#SPJ4

You are married with two children and are buying life insurance. You are reviewing the life insurance rider options and comparing them against your needs. Which rider are you least likely to want/need?

Answers

The least likely rider while choosing the life insurance will be second to die option.

What is life insurance?

An insurance policy holder and an insurer or assurer enter into a contract for life insurance under which the insurer agrees to pay a predetermined beneficiary a certain amount of money in the event that the policyholder dies. Other occurrences, such critical illness or terminal disease, may also result in payment, depending on the terms of the contract. If you're wondering what life insurance means, you should know that a life insurance policy is a legal agreement between a person and an insurer under which the insurer guarantees the policyholder's financial security in return for regular premium payments (known as premiums).

To learn more about life insurance click,

https://brainly.com/question/1373572

#SPJ1

holding all else constant, a decrease in cash will decrease the acid-test ratio. true or false?

Answers

The given statement "Holding all else constant, a decrease in cash will decrease the acid-test ratio" is true.

A drop in currency will result in a fall in the acid-test ratio, everything else being equal. Since cash is a liquid asset, it is a part of the acid-test ratio's numerator. Keeping everything else the same, a decline in cash will result in a decline in the acid-test ratio (a decrease in the numerator makes the ratio smaller).

The acid-test ratio evaluates a company's "quick assets" (cash and accounts receivable) in relation to its current liabilities. It is one of the six fundamental computations used to assess a company's short-term liquidity, or its capacity to pay its debts as they become due.

To know more about Acid-test ratio here

https://brainly.com/question/18651370

#SPJ4

Which of these can you invest in without assuming any risk?

(1 point)

bonds

property

stocks

none

Answers

Answer:

none

Explanation:

correct

a company subscribing to ethical relativism would implement the morality of the . a. host country b. shareholders c. legal system d. home country

Answers

Moral growth, individual values, family influences, peer influences, and life experiences are the personal variables that shape a person's ethical standards.

What are the four factors that determine ethical behavior? Moral growth, personal beliefs, influences from family, peers, and life events are the individual variables that affect someone's ethical standards.Managers from industrialized countries are frequently thought to have a righteous, moralist stance.The ethical standards of a multinational's home country are, according to a virtuous moralist, the ones that businesses should adhere to abroad.A U.S. individual or entity is prohibited from offering, paying, or promising to pay money or anything of value to a foreign official under the Foreign Corrupt Practices Act (FCPA) in order to win or keep business.Honesty, justice, integrity, and understanding are all characteristics of ethical behavior.A company-wide code of ethics can be established, among other strategies, to support an ethical workplace culture.

To learn more about ethical behavior refer

https://brainly.com/question/27962109

#SPJ4

if the initial purchase of the bonds was completed between interest dates, the journal entry to record the purchase would include a

Answers

The initial payment will include the interest.Therefore, as part of the entry, the amount of the interest will indeed be credited to Interest Receivable.

How do you describe an initial payment?

The initial payment is the sum that the buyer must pay in accordance with the seller-assisted marketing plan contract before to or at the moment of delivery of the supplies, goods, or services, or within six months of the buyer starting the seller-assisted marketing plan's operations.

How is marketing conducted out?

It is known as the "value stream" when it comes to creating, transmitting, delivering, and exchanging products and services that are beneficial to customers, clients, business associates, and society at large.

Complete Question:The journal entry to reflect the original bond purchase would comprise the following transactions:

a)credit to Interest Payable,

b)debit to Interest Income,

c)debit to Interest Receivable, and

d)credit to Interest Receivable.

To know more about initial payment visit:

https://brainly.com/question/23239626

#SPJ4

if 75 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is

Answers

If 75 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is variable  cost per unit.

The cost of balance sheet refers to a financial statement that reports a company's assets, liabilities and shareholders equity at a specific point in time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company's capital structure.

The affect of 75 units remain unsold at the end of the month, it affects the amount of income tax the company needs to pay for the period.

To know more about costing balance sheet here,

https://brainly.com/question/29691011

#SPJ4

classify the actions described as examples of expansionary or contractionary (restrictive) monetary policy.a. the federal reserve sells bonds on the open market.

Answers

The above case represents the case of Expansionary monetary policy.

Explain in detail.

Short-term interest rates are lowered or the money supply is increased more quickly than usual as a result of expansionary monetary policy. It is implemented by central banks and accomplished through interest rate setting, reserve requirements, and open market activities.Expansionary monetary policy is a technique used by central banks to boost a flagging GDP and economy. Reduced reserve requirements for banks, increased purchases of government assets, and lower interest rates are the three tools the Federal Reserve uses to conduct an expansionary monetary policy.Inflation rates rise as more money is injected into the economy. It may benefit or hurt the economy, depending on the situation. The excessive expansion of the money supply could lead to levels of inflation that are unsustainable.

To know more about Interest here

https://brainly.com/question/25816355

#SPJ1

what is the additional cost to the firm when the monopolist lowers the price from $18 to $12? a. $40 b. $15 c. the firm saves $15. d. $30

Answers

The additional cost to the firm when the monopolist lowers the price from $18 to $12 will be $40.

What do you know about Monopolists?

A monopolist is an individual, group, or company that dominates and controls a specific market for a good or service.

Because there is no competition and no substitute goods or services, the monopolist has enough market power to charge high prices.

While being the sole or dominant player in a sector is not illegal in and of itself, government sanctions may be imposed if the monopolist's behaviour begins to severely limit the free market.

The federal government of the United States regulates unfair competition by enforcing antitrust laws, which limit monopolies and protect consumers from predatory business practises.

So, The required answer is $40.

To learn more about Monopolists:

https://brainly.com/question/13113415

#SPJ4

Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?

Answers

Answer:

1. It will cause them confusion throughout the tax calculating process.

2. Using a single account will make it difficult to keep payroll records.

3. Keep track of your personal expenses and earnings.

Explanation:

1. It is preferable to establish a separate account to separate the firm's actual income and expenses.

2. Payroll expenses are indistinguishable from personal expenses.

3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.

gagliardi way corporation has an expected roe of 15%. if it pays out 30% of its earnings as dividends, its dividend growth rate will be .

Answers

Gagliardi way corporation has an expected ROE of 15%. if it pays out 30% of its earnings as dividends, its dividend growth rate will be 10.5%.

The (ROE) return on equity is a live of the gain of a business in relevance the equity. As a result of shareholder's equity is calculated by taking all assets and subtracting all liabilities, ROE is thought of as a come on assets minus liabilities.

A dividend is a distribution of profits by an organization to its shareholders. once an organization earns a profit or surplus, it's ready to pay a little of the profit as a dividend to shareholders. Any quantity not distributed is taken to be re-invested within the business (called maintained earnings).

To learn more about dividend growth rate here

brainly.com/question/29744802

#SPJ4

suppose that the government is required to balance the budget. which is an appropriate discretionary approach during a recession, and what effect would it have to the economy? cut taxes to encourage consumer spending, which would minimize the effects of the recession. invest in public infrastructure that promotes employment and stimulates the economy. cut government spending to equal tax revenue, possibly magnifying the effects of a recession. increase government spending to stimulate the economy, causing an increase in overall aggregate demand.

Answers

The most appropriate discretionary approach during a recession would be to increase government spending to stimulate the economy, causing an increase in overall aggregate demand.

What is aggregate demand?

Aggregate demand is an economic measure of the total demand for goods and services in an economy at a given point in time. It is calculated by summing up all the demand for goods and services from all sectors of the economy, including consumption, investment, government spending, and net exports. Aggregate demand is one of the primary indicators of an economy’s health. When aggregate demand is high, businesses are likely to invest, hire more workers, and produce more goods and services. Conversely, when aggregate demand is low, businesses may cut back on production and hiring, leading to slower economic growth.

This approach would involve the government spending money on projects and initiatives that will create jobs and stimulate economic activity. This would be beneficial for the economy as it would create jobs, create new products and services, and increase consumer spending. As consumers have more money to spend, businesses will have more customers to serve, creating a positive cycle of economic growth. Additionally, this approach could be paid for by borrowing or increasing taxes on wealthier individuals, meaning that it would not add to the deficit or require the government to balance its budget.

To learn more about aggregate demand
https://brainly.com/question/1490249
#SPJ4

name and describe the elements of the gaps model as it relates to services marketing. which of the gaps is the most difficult for the provider to close and why?

Answers

Services marketing is a type of advertising that companies who offer their clients a service use to raise their brand recognition and sales.

Why is service marketing important?

Professionals can analyze customer satisfaction and pinpoint areas for improvement using the gap model of service quality. Customer service is a part of most businesses, regardless of whether they are sales- or service-focused.

The framework looks at the following five gaps:

There is a disconnect between what management believes and what customers anticipate.Disparity between management perception and service quality requirements.There is a discrepancy between the service quality requirements and service delivery.Service delivery and external communication gapsthe discrepancy between expected and actual service.

The performance gap, which reflects the discrepancy between service quality specifications and service delivery, is the third gap in the model.

The third gap is the most challenging to close since it calls for coordination of all company-wide human resources issues, including hiring, teamwork, training, rewards, and empowerment.

To learn more about  gaps model refer to:

https://brainly.com/question/25640993

#SPJ4

in order to require banks to hold more money as opposed to lending it, the federal reserve can —

Answers

The bank can hold the reserve either as cash in its vault or as a deposit at its local Federal Reserve bank.

What is the Federal Reserve Requirement?

The total sum of money a bank must have on hand every night is known as the reserve requirement. It represents a portion of the bank's deposits. The percentage rate is determined by the central bank of a country.

The Federal Reserve Board of Governors in the US regulates the reserve requirement for member banks. The reserve might be kept by the bank either as cash in its safe or as a deposit with the neighborhood Federal Reserve institution.

Commercial banks, savings banks, savings and loan organizations, and credit unions must maintain reserves. It also applies to Edge Act corporations, agreement corporations, and foreign bank branches and offices operating in the United States.

to learn more about Federal Reserve click:

https://brainly.com/question/27217598

#SPJ1

Jennifer wants to borrow $20,000. Her bank offers a 7. 1% interest rate. She can afford $500 a month for loan payments. What should be the length of her loan to the nearest tenth of a year?.

Answers

The length of her loan to the nearest tenth of a year is 4.2 years.

Why do you pay interest first on a loan?

You owe more interest at first because your loan balance is still high. So the majority of your monthly payment goes toward interest, with a small portion going toward principal repayment. As you pay down the principal, your monthly interest payments decrease as your loan balance decreases.

Given

Loan Amount = $20,000

Rate = 7.1 %

EMI = 500 per month

Required to calculate =Time for repayment of the loan.

20000(.071)t ≤ 500(12)

1420t ≤ 6000

t = 4.2

Thus, Jennifer loan length is 4.2 Years.

Learn more about Interest on loans here

https://brainly.com/question/29480777

#SPJ1

conflict between persons or groups in an organization is always destructive and must be avoided at all costs. group of answer choices true false

Answers

The statement conflict between persons or groups in an organization is always destructive and must be avoided at all costs is: False.

What is conflict?'

Conflict can be defined as a form of disagreement that occur between two parties or two or more people. Conflict resolution be use to settle any form of conflict based on the fact that it help to settle disagreement.

The statement is false because conflict do arise among people and in the organization and this occur due to lack of agreement . Conflict is not destructive in as far as conflict resolution can be use to settle the conflict among parties involved in it.

Therefore the statement is false.

Learn more about conflict here:https://brainly.com/question/26083560

#SPJ1

Hugo was completing his end-of-day balance sheet for his music store. He wanted to make sure his projections were correct and confirm the business was on track financially. What is one entry he would make on his balance sheet?


A. Gross profit

B. Cost of goods sold

C. Accounts receivable

D. Net profit before taxes

Answers

As Hugo wanted to make sure his projections were correct and confirm the business was on track financially, an entry which he can make on his balance sheet is an Accounts receivable. The Option C is correct.

What is an account receivable?

In accounting, an accounts receivable refers to an asset account on the balance sheet that represents money due to a company in the short term. They are created when a company lets a buyer purchase their goods or services on credit and it is similar to accounts payable but instead of money to be received, they are money owed.

An account receivable are always recorded as a debit in the assets section of a balance sheet. It is a short-term asset because normally it's going to be realized within a year.

Read more about account receivable

brainly.com/question/24848903

#SPJ1

providing a satisfying experience for all stakeholders (participants, spectators, media, and sponsors) of an event is called

Answers

Providing a satisfying experience for all stakeholders (participants, spectators, media, and sponsors) of an event is called hospitality.

What does sports event management entail?Managers of sporting events deal with a wide range of problems that arise in the process of organizing, planning, directing, and carrying out sporting events. Depending on variables like the scale of the sporting event, their responsibilities may be extremely wide or extremely narrow. hospitality. ensuring that all participants in an event have a positive experienceThe term "host community" is used when referring to the groups that make up an event's stakeholders group.First-line managers, middle managers, top managers, and team leaders are the four most prevalent categories of managers.

To learn more about stakeholders refer to:

https://brainly.com/question/15532995

#SPJ4

question content area the statement of cash flows is not one of the basic financial statements. true false

Answers

The assertion is accurate. The cash flows statement is not one of the fundamental financial statements, according to the question area.

Why Is the Free Cash Flow Important and What Does It Mean?

The money that remains after a corporation pays its operational costs and capital expenditures is known as free cash flow. It's the money that is left over after paying for expenses including rent, taxes, and wages. FCF can be used however businesses see fit.

FCF is a crucial metric since it reveals how effectively a business generates cash.

Are Cash Flow Statements Required for Reporting by Businesses?

Since 1987, the cash flow statement has been a necessary component of the financial reporting requirements for public companies, complementing the balance sheet and the income statement.

To know more about cash flows visit:

https://brainly.com/question/14562429

#SPJ4

True or false: Managers have the decision option to reduce discretionary fixed costs during the annual budget planning process.

Answers

True: Managers have the selection choice to lessen discretionary constant expenses in the course of the yearly price range making plans method.

The required details for Annual budgets in given paragraph

An annual price range lays out a company's projected earnings and expenses for a 12-month period. The method of making an annual price range includes balancing out a business' re assets of earnings towards its expenses. In many instances, specially for non-people, an annual price range is extended to consist of a stability sheet and coins float statement. Annual budgets are utilized by people, corporations, governments, and different kinds of groups that want to preserve music of monetary activity. Annual budgets are taken into consideration to be balanced if projected expenses are same to projected sales. It is in deficit if expenses exceed sales, and it's far in surplus if sales exceed expenses.

Annual budgets can observe to both a economic or calendar yr. These budgets assist their creators to plot for the approaching yr and make the vital modifications to satisfy their monetary goals. Annual budgets assist people to better manipulate their money.

To know about Annual budgets click here

https://brainly.com/question/29431734

#SPJ4

Other Questions
In 2 paragraphs write about being a 17 year indigenous 500 years ago, paragraph 1 explain your cultural identity including limitations placed on being indigenous,paragraph 2 explain which of those limitations that continue to exist True / false texas is near the top of the nation in measures of social connectedness that lead to civic engagement. The CEO of a company wants to determine if taking the employees to a company retreat would boost their morale. He decides to use a random number table to survey a simple random sample of 50 of the 250 employees. Which of the following correctly labels the population of employees?A. 000250B. 001250C. 0250D. 1250 Choose the relative clause in this sentence.Ice cream that is dairy free can be made from coconut milk. the nurse is administering an intravenous solution 250 ml to be infused over 2 hours. how many ml/hour should the nurse program the infusion pump A constant force of 10 N acts on a 2.5 kg object for 9 seconds. What is the velocity of the object? The widespread belief behind criticisms of money in the electoral system is thata. large campaign contributions by special interests corrupt the political systemb. when one party comes to power, it limits the flow of money to the other partyc. the two parties restrict the flow of money to third parties.d. it forces citizens to spend money to be actively engaged in politicse. none of the above At noon, ship A is 170 km west of ship B. Ship A is sailing east at 35 km/h and ship B is sailing north at 30 km/h. How fast (in km/hr) is the distance between the ships changing at 4:00 p.m.? (Round your answer to three decimal places.) When you include the purchase price and the interest, how much does the tv cost you in total?. Select the correct answer,What effect does Meryl's dialogue create?A.Horror, because she knows her cutting words will hurt her sister.O B. Relief, because she reassures her sister that she looks just fine.CSurprise, because she believes that her sister is vain.D.Mystery, because she used to understand her sister but now seems not to which contraceptive is not hormone-based? group of answer choices nexplanon implant ortho evra transdermal patch nuvaring vaginal ring depo-provera injection paragard iud Note: Enter your answer and show all the steps that you use to solve this problem in the space provided.What is the expression in factored form?x2+13x+42 determine the shearing stress for an incompressible newtonian fluid with a velocity distribution of where v in m/s Write an inequality that describes the safe speeds to drive according to the sign.Speed Limit 65Minimum 45 Express in scientific notation and then solve.There was a total of $9.48 million contributed to a political campaign by 79 thousandpeople. What was the average contribution? What challenges are being faced due to migration in Bulgaria ? IKEA Group investing $1.9 billion in India to open 25 new stores between 2013 and 2018 is an example of which type of strategy?A) Forward integrationB) Backward integrationC) Horizontal integrationD) Market developmentE) Product development What do you think maybehappened to the appleJonas took home? URGENT!! ILL GIVE BRAINLIEST!!!! AND 100 POINTS!!! Identify each output value for the given input value if the rule of the table is to add -6.