Compared to other industries, financial services companies have a higher level of confidence from consumers worldwide. False.
Who are the consumers?They are people or other economic agents who make use of a good or service. Furthermore, they don't sell the goods they purchased. They are the final consumers in the supply chain for goods and services. In fact, the customer may not always be the purchaser.
who are some instances of consumers?Any individual or group who uses a service or product for the last time is referred to be a consumer. Here are a few illustrations: a client who pays a hairstylist to trim and their hair. a business that purchases a printer for business purposes.
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if the price is consistently below the average variable cost, then in the short run, a perfectly competitive firm should:
In the near run, a perfectly competitive firm should lower the price to sell more goods if the price is continuously lower than the average variable cost.
An expense for a business called a variable cost varies according to how much is produced or sold. Depending on a company's production or sales volume, variable costs grow or fall; they increase with rising production and decline with falling production.
A manufacturing company's raw material and packaging prices are an example of a variable cost, as are a retail business' credit card transaction fees or shipping charges, which fluctuate with sales. You can compare a variable cost against a fixed cost.
Variable and fixed expenditures make up the majority of any business's overall expenses. The production output or sales determine variable costs. The production's variable cost is a fixed sum for each unit made. Variable costs will rise in tandem with rising output and production volumes.
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Required information
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In 2021, Susan (44 years old) is a highly successful architect and is covered by an employee-sponsored plan. Her husband, Dan (47 years old), however, is a Ph.D. student and unemployed. Compute the maximum deductible IRA contribution for each spouse in the following alternative situations. (Leave no answer blank. Enter zero if applicable.)a. Susan’s salary and the couple’s AGI before any IRA contribution deductions is $201,000. The couple files a joint tax return.b. Susan’s salary and the couple’s AGI before any IRA contribution deductions is $129,000. The couple files a joint tax return.c. Susan’s salary and the couple’s AGI before any IRA contribution deductions is $83,000. The couple files a joint tax return.d. Susan’s salary and her AGI before the IRA contribution deduction is $83,000. Dan reports $5,000 of AGI before the IRA contribution deduction (earned income). The couple files separate tax returns.
a) Susan's maximum deductible IRA contribution for 2021 is $6,000 because she is over the age of 50 and her AGI is above the threshold for full deductible contributions ($198,000 for tax year 2021). Dan is not able to make a deductible contribution to an IRA because he is not covered by an employee-sponsored retirement plan and his AGI is above the threshold for full deductible contributions ($65,000 for tax year 2021).
b) Susan's maximum deductible IRA contribution for 2021 is $6,000 because she is over the age of 50 and her AGI is above the threshold for full deductible contributions ($198,000 for tax year 2021). Dan is not able to make a deductible contribution to an IRA because he is not covered by an employee-sponsored retirement plan and his AGI is above the threshold for full deductible contributions ($65,000 for tax year 2021).
c) Susan's maximum deductible IRA contribution for 2021 is $6,000 because she is over the age of 50 and her AGI is above the threshold for full deductible contributions ($198,000 for tax year 2021). Dan is able to make a deductible contribution to an IRA because he is not covered by an employee-sponsored retirement plan and his AGI is below the threshold for full deductible contributions ($65,000 for tax year 2021).
d) Susan's maximum deductible IRA contribution for 2021 is $6,000 because she is over the age of 50 and her AGI is above the threshold for full deductible contributions ($198,000 for tax year 2021). Dan is able to make a deductible contribution to an IRA because he is not covered by an employee-sponsored retirement plan and his AGI is below the threshold for full deductible contributions ($65,000 for tax year 2021). His maximum deductible contribution is calculated as follows:
Dan's AGI is $5,000The threshold for full deductible contributions for someone in Dan's situation is $65,000 for tax year 2021Dan's AGI is below the threshold for full deductible contributions, so his maximum deductible contribution is $6,000.AGI, or adjusted gross income, is a measure of your income that is used to determine your tax liability. It is calculated by taking your total income from all sources (such as wages, salaries, dividends, and interest) and subtracting certain deductions allowed by the Internal Revenue Service (IRS).
His maximum deductible contribution is calculated as follows:
Dan's AGI is $83,000 - $5,000 = $78,000
The threshold for full deductible contributions for someone in Dan's situation is $75,000 for tax year 2021
The phase-out range for deductible contributions for someone in Dan's situation is $75,000 to $85,000 for tax year 2021
The amount by which Dan's AGI exceeds the lower end of the phase-out range is $78,000 - $75,000 = $3,000
The reduction in the maximum deductible contribution for every $1,000 above the lower end of the phase-out range is $500
The reduction in Dan's maximum deductible contribution is $3,000 / $1,000 * $500 = $1,500
Dan's maximum deductible contribution is $6,000 - $1,500 = $4,500
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Why did labor unions begin forming in the 1800s
Answer:
The labor movement in the United States grew out of the need to protect the common interest of workers. For those in the industrial sector, organized labor unions fought for better wages, reasonable hours and safer working conditions.
ptlsy wall mounted pull up bar and dip station multifunctional heavy duty chin up bar for home gym indoor workout
Palsy wall-mounted pull-up bar and dip station multifunctional heavy-duty chin-up bar for home gym indoor workout.
Progressive supranuclear palsy (PSP) is a rare neurological disorder that can cause problems with balance, movement, vision, speech, and swallowing. This is caused by more and more brain cells being damaged over time.
There are five main types of cerebral palsy: spastic, ataxic, athetotic, hypotonic, and mixed. The type of motor impairment people with cerebral palsy experience depends on how much the brain injury affects muscle tone.
Paralysis is the term for paralysis with tremors. Permanent paralysis means that you cannot regain control of your muscles. This condition is irreversible. Paralysis can affect any part of the body.
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The dataset belongs to a leading life insurance company. The company wants to predict the bonus for its agents so that it may design appropriate engagement activity for their high performing agents and upskill programs for low-performing agents. 1. Problem Understanding
a) Defining problem statement b) Need of the study/project c) Understanding business/social opportunity
2. Data Report
a) Understanding how data was collected in terms of time, frequency and methodology b) Visual inspection of data (rows, columns, descriptive details) c) Understanding of attributes (variable info, renaming if required)
3. Exploratory Data Analysis
a) Univariate analysis (distribution and spread for every continuous attribute, distribution of data in categories for categorical ones)
b) Bivariate analysis (relationship between different variables , correlations) a) Removal of unwanted variables (if applicable) b) Missing Value treatment (if applicable) d) Outlier treatment (if required) e) Variable transformation (if applicable) f) Addition of new variables (if required)
4. Business insights from EDA
a) Is the data unbalanced? If so, what can be done? Please explain in the context of the business b) Any business insights using clustering (if applicable) c) Any other business insights
a. Defining problem statement b) Need of the study/project.
b. Visual inspection of data (rows, columns, descriptive details).
c. Univariate analysis (distribution and spread for every continuous attribute, distribution of data in categories for categorical ones).
d. Any business insights using clustering (if applicable).
To manage their connections, claims, and underwriting more effectively, insurance company for property and liability are gathering data from telematics, agent interactions, client interactions, smart homes, and even social media. Insurance A common industrial data warehouse model that may be used for both life and non-life insurances is the Data Warehouse Data Model. All common insurance reporting and analytical Data Marts can be produced using the data modelled in the model.
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The Real Estate Settlement Procedures Act (RESPA) is a federal law that requires federally chartered or insured lenders to provide buyers and sellers with expectations of their closing costs prior to the closing date. When a borrower (the buyer) applies for a loan, the lender will provide him/her with which of the following forms that includes details pertaining to specific loan information and an estimate of expenses that the borrower is likely to incur at the closing?
A. Uniform Settlement Statement (HUD-1) form
B. Good-faith estimate
C. Settlement Costs and You booklet
D. Certificate of occupancyAnswer: B. Good-faith estimate
When a borrower (the buyer) submits an application for a loan, the lender will give him or her a good-faith estimate that includes information about the specific loan and an estimation of the costs that the borrower is expected to incur at the closing. As a result, choice (B) is correct.
What does a good faith estimate mean?Prior to 2015, the Real Estate Settlement Procedures Act required that a mortgage lender or broker in the United States present a consumer with a good faith estimate (also known as a GFE).
In order to alleviate consumer misunderstanding, the CFPB replaced the GFE in August 2015 with a loan estimate form that serves a similar purpose but adheres to somewhat different rules. A good faith estimate, also known as a loan estimate, is a template that can be used to evaluate offers or quotes from various brokers or lenders.
Hence, option (B) is accurate.
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match these online auction fallout and tactics: group of answer choices herd behavior the tendency to gravitate toward and bid for auction items with 1 existing bids winner's regret involves the feeling that you paid too much for a bid item (but got it!) seller's lament [ choose ] loser's lament [ choose ] bid siphoning [ choose ]
Matching the online auction fallout and tactics, herd behavior (option E), winner’ regret (Option C), seller’s lament (Option A), loser lament (Option B), and bid siphoning (Option D).
An online auction refers to a form of an auction that occurs over the internet, enabling users to sell and bid for items or services electronically. Hence, it is a service wherein users or participants sell or bid for products or services via the Internet. There are number of tactics and their associated fallout involve in online auction. Herding behavior refers to the tendency to gravitate toward and bid on auction listings with existing bids. Winner’ regret, also called the winner's curse, is a tendency for the winning bid to exceed the intrinsic value of an item. Seller’s lament refers to the concern of not knowing how much the ultimate winner might have paid. Loser lament refers to the feeling of being too cheap in bidding and failing to win. Bid siphoning is when con artists lure bidders off legitimate auction sites by offering to sell the same item at a lower price.
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According to Hazlitt, what is the end result when the government provides loans or subsidies to business?A. The government increases employment at the expense of overall production.B. The government increases overall production at the expense of full employment.C. The government taxes unsuccessful business in order to make successful businesses more efficient.D. The government taxes successful businesses in order to support unsuccessful businesses.
The government increases overall production at the expense of full employment when the government provides loans or subsidies to business.
What are subsidies?An incentive provided by the government to people or organisations in the form of money, grants, or tax breaks in order to increase the supply of particular goods and services is known as a subsidy. Consumers can get cheaper goods and commodities thanks to subsidies. Governmental payments known as subsidies are made to private organisations to support their operations and preserve jobs. Agriculture, electric vehicles, green energy, oil and gas, transportation, and welfare payments are a few examples. Government subsidies are monetary gifts that are given by the government to private organisations or other public bodies in an effort to boost the economy or support worthwhile endeavours.
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the total deferred tax asset and deferred tax liability amounts at january 1, 2021, were $156.25 million and $25 million, respectively. the enacted tax rate is 25% each year.
The total deferred tax asset and deferred tax liability amounts at january 1, 2021 is $ 39.065 million and 6.25 million respectively.
The increases in the deferred tax assets and deferred tax liabilities accounts as of December 31, 2021, and the determination of current year income tax payable and related journal entries for 2021 income tax recognition.
Income tax payable = taxable income × tax rate
= $156.25 million × 25%
= $ 39.065 million
$25 ×25%
= $6.25
Deferred tax liabilities are calculated by taking the difference between a company's taxable income and its pre-tax retained earnings multiplied by the expected tax rate. There are no hard and fast rules as deferred tax is simply the difference between the gross profit on your income statement and your tax return.
Deferred tax assets are business tax credits against future taxes and deferred tax liabilities represent tax liabilities that must be paid in the future. You can expect to pay part of the tax upfront or pay additional tax later. One of the most common examples of deferred tax liabilities is when a company depreciates assets differently than the income tax department.
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amrit and hannah are saving for their daughter keisha's college education. keisha just turned 10 (at t
Annika is aware that her parents may provide $7,500 annually. What will Annika have to pay annually out of her own funds and loans?
What is the pay average?Giving someone money to complete a task or pay off a debt is referred to as paying them. Swapping money for something is referred to as paying.Another term of compensation is salary or pay.. There are many different verbal and noun settings where pay can be utilized.. Paying a payment or a debt entails doing something like paying your restaurant check or your utility payment.
What is a pay example?Example: Sandy receives weekly paychecks for a salary of $120,000 per year. Sandy so receives roughly $2,300 weekly. Whenever you receive a
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Which of the following events occurring after the date of the report most likely will cause the auditor to make further inquiries about the previously issued financial statements?
The discovery of information regarding a contingency that existed before the financial statements were issued.
The events occurring after the date of the report most likely will cause the auditor to make further inquiries about the previously issued financial statements and new information concerning vast unrecorded transactions from the yr underneath the audit is found.
There are three forms of financial statements, i.e., stability Sheet, profits declaration, and coins flow Statements. these written records facilitate analyzing and comparing an enterprise's economic position and performance.
There are four primary monetary statements. they may be: stability sheets; profits statements; coins glide statements; and statements of shareholders' fairness. balance sheets show what an agency owns and what it owes at a hard and fast point in time.
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predefined formulas that perform common business calculations, and that typically involve a period of time such as months or years.OPTIONS: Nper Interest PMT function Present value (Pv) Data table Goal Seek What-if analysis Auditing Watch Window Financial functions Rate Tracer arrow Future value (Fv) Principal Data validation
Financial functions are predefined formulas that perform common business calculations, and that typically involve a period of time.
A business is defined as an employer or enterprising entity engaged in business, commercial, or expert activities.
Business plays an important position in our lives. First, they devise goods and offerings to satisfy our needs and wants. They also recruit families as exertions and provide them with reimbursement, consisting of wages, salaries, and advantages. For this reason, it turns into a supply in their profits, which can be used to preserve their existence.
The maximum common types of business are sole proprietorship, partnership, company, and corporation.
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The Health Maintenance Organization Act of 1973 made it harder for HMOs to grow and attract clients and required all employers that offered traditional health care to their employees to sign up for an HMO if they had more than 35 employees.
False
It is false that the Health Maintenance Organization Act of 1973 made it harder for HMOs to grow and attract the clients and required all the employers.
What is Health Maintenance Organization Act?A law was passed in the US on December 29, 1973, known as the Health Maintenance Organization Act. The Health Maintenance Organization Act, also referred to as the federal HMO Act, is a piece of federal legislation that establishes a pilot federal program to support the growth of health maintenance organizations (HMOs). The Public Health Service Act was updated by the federal HMO Act, which Congress passed in 1944. The Nixon administration advisors who were seeking for a means to reduce medical inflation had meetings with Ellwood and the other Interstudy group members that led to the conception of the HMO Act. It did not mandate that employers provide health insurance. The Act established the term "HMO" and increased HMOs' access to the employer-based market. The 1995 expiration of the Dual Choice clause.
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if an annuity or royalty is not derived in the ordinary course of a trade or business, it is considered passive activity income.
True, if an annuity or royalty is not derived in the ordinary course of a trade or business, it is considered passive income.
Passive IncomeAn investment or past activity that continues to provide revenue without further work is said to have generated passive income.
Income that requires no work to sustain is called passive income. It could come through a stock market investment, a rental property, or a company in which you have no ownership stake.
There is no guarantee that having a passive income will make you extremely wealthy. Therefore, it is unwise to plan on being wealthy right away. However, if a person has reliable, lucrative passive income choices, they can build up their income over time.
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Companies usually modify or adapt elements of their marketing plan to be used in different markets in which they sell their products.A. TrueB. False
Companies usually modify or adapt elements of their marketing plan to be used in different markets in which they sell their products-True.
marketing planA marketing plan is an operational document that details an organization's advertising strategy for generating leads and reaching its target market. Market research to help with price choices and new market entrants. Messages that are tailored to specific demographics and geographic areas. Platforms for product and service promotion include digital, radio, the Internet, trade magazines, and a combination of these platforms for each campaign.
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Sales returns and allowances increasing by a greater amount than sales revenues can cause confusion when calculating A. an increase in sales revenue and net income. B. an increase in net income. C. a decrease in sales revenue. D. an increase in sales revenue and retained earnings.
Sales returns and allowances increasing by a greater amount than sales revenues can cause confusion when calculating an increase in sales revenue and retained earnings.
Describe sales.An exchange of goods or services for a fixed sum of money is referred to as a sale. To put it another way, a sale is any action that involves giving the buyer possession of a good or service in return for money.
Why is it important to have sales?Sales have a significant influence on a customer's level of brand loyalty and faith. The two key variables influencing a customer's decision to refer your business to a friend or family member or to write a positive online review of your goods or services are trust and loyalty.
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ray's custom furniture is a business that provides custom cabinetry and furniture for both businesses and individua
It represents pull strategy.
What is pull strategy?
A pull strategy is a method of marketing and advertising. In order for a brand or product to succeed, customers are purposefully urged to seek it out. A push strategy, on the other hand, tries to place the product in areas where customers will see it and make an impulse buy. The origins of both terms may be found in supply chain management.
When adopting a push strategy, the product is frequently delivered to stores in the hopes that customers would see it and choose to buy it. In a pull strategy, client demand is created mostly through advertising and similar techniques. As a result of this demand, retailers place inventory orders with suppliers, who subsequently place orders with manufacturers for the products.
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Complete question
Bob's Custom Millwork is a business that provides custom cabinetry and furniture for both businesses and individual consumers. Bob does not make any products until he receives an order from the customer. What type of marketing strategy does this represent?
A. push strategy.
B. supply strategy.
C. demand strategy.
D. forecast strategy.
E. pull strategy.
Place in chronological order the lag phenomena associated with the use of fiscal policy to smooth business cycles.
a. signaling lag b. recognition lagc
c. impact lag
d. implementation lag
chronological order the lag phenomena associated with the use of fiscal policy to smooth business cycles are recognition lag, impact lag, and implementation lag.
What is chronological order?
The study of placing events in chronological order is known as chronology. Think about using a timeline or a list of events as an example. The "real temporal sequence of past occurrences" is also determined. A component of periodization is chronology. On Friday evening, there will be a rehearsal supper. We are hopeful that many of the visitors would then assist in cleaning up the area in preparation for tomorrow's wedding. The transition "afterward" in these phrases emphasizes a timeline of events. The same is true for dates when arranging items in chronological order; they are listed from the most recent and recent to the oldest.
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Sage works in a coal mine identifying new directions to dig so that the company can find coal. What class in high school MOST likely helped Sage get started in this career?
A. business management
B. biology
C. medical terminology
D. geology
<3
Sage works in a coal mine identifying new directions to dig so that the company can find coal. Geology, class in high school most likely helped Sage get started in this career. Thus, option (d) is correct.
What is career?The term career is related to the experience and knowledge gain in person life. The career are set is beneficial for person in future life. Career are built with the help of different courses. The career built with the help of good education, developed skills, and more experience of work life. A person career are create good personality.
Geology is a branch of science that deals with the spatial form and components of the Earth, as well as how different techniques can be applied to them. The Geology topic lesson assisted the Sage in getting started in this vocation.
As a result, Geology, class in high school most likely helped Sage get started in this career. Therefore, option (d) is correct.
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Rebecca has started to use a secured credit card. What is Rebecca MOST likely attempting to do?
A. To make a major purchase, such as a house or a car
B. To overcome a bad credit history
C. To have every purchase guaranteed with a five year warranty
D. To easily earn airline miles
Rebecca is most likely attempting to overcome a bad credit history.
Describe credit history.A borrower's responsible debt repayments are documented in their credit history. A credit report is a history of the borrower's credit from many sources, such as banks, credit card firms, collection agencies, and governments. The lender may give the credit bureaus information about account activity as customers utilize a financial product and settle their monthly amounts.
Most lenders view credit histories with less than two years as little more than a respectable beginning. Typically, the following details are included in your credit report. Your credit accounts are listed here. Accounts with banks and credit cards are included in this, as are other forms of credit such as unpaid loans or utility bill payment history. They will demonstrate whether your repayments were made on schedule.
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On September 1, 2017, Valdez Company reacquired 1,000 shares of common stock the company uses the cost method to account for treasury stock. The journal entry to record the reacquisition of the stock should debit
On September 1, 2017, Valdez organization reacquired 1,000 stocks of not-unusual stock the business enterprise makes use of the fee method to account for treasury stock. The magazine entry to document the reacquisition of the inventory should debit Treasury stock for $450,000.
A stock is a fashionable term used to describe the ownership certificate of any organization. A proportion, however, refers to the stock certificate of a specific organization. retaining a specific enterprise's percentage makes you a shareholder. Description stocks are of two sorts commonplace and desired.
A debit is an accounting entry that results in either a boom in property or a decrease in liabilities on an organization's stability sheet. In essential accounting, debits are balanced via credit, which operates in the exact opposite route.
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which of the following statements about an administrative agency's implementation of policy is correct?
Only funds allocated by Congress may be used by bureaucrats to carrying out the policy-making functions of administrative agencies.
What kind of people are bureaucrats?In India, bureaucrats are referred to as the officials in charge of overseeing and directing both the managerial and directorial tiers of the private sector as well as the administration and ministerial tiers of the public sector.
What does a bureaucrat do?A bureaucrat's role is to carry out government policy, to put into action the laws and judgments made by elected authorities. Examples of typical bureaucrats include tax collectors, governmental accountants, law enforcement officers, firefighters, and military personnel.
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A(n) ______ standard is the quantity of material required if the process is 100% efficient without any loss or waste.
An ideal standard refers to the quantity of material needed if the process is 100% efficient without any waste or loss.
Ideal standards are the optimum levels of performance under perfect operating conditions. It means that ideal standards are achieved only under perfect operating conditions, such as no materials spoilage, no idle time, no machine breakdowns, and no employee strikes. When ideal standards are set, it is supposed that all systems work at 100% efficiency that is employees work at the highest productivity, machines never malfunction, and material supply disruptions never take place.
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2. Take a Guess: Amita wants to invest in a fund and choose a few individual stocks and
bonds to invest in. Is she allowed to do this? Or, does she have to choose one or the
other?
Yes, she allowed doing this as it is amita's choice.
What are stocks?All the shares that make up the firm or group's ownership make up its stock. A single common stock represents a minority portion of the company's ownership based on the entire number of issues.
She is capable of doing this as it is her own earnings. Due to the fact that a single balanced portfolio could be made up of a number of different stocks, clients can deposit a little sum of everything into or more organizations and gain access to a wide range of investing alternatives or in other stocks.
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When corporate departments such as marketinghuman resources, and information technology implement plans of action that support higherlevel strategies they are following a(n)____strategy : A) executive B) foundational C) comprehensive D) funcional
The correct answer for this question is- Functional Strategy.
What is Functional Strategy?A functional strategy, commonly referred to as a "departmental strategy," addresses each organizational function and how the division or organizational unit assigned to that function will accomplish its strategic goals (a component of the business/competitive strategy). This is often accomplished through enhancing or boosting production and efficiency within the functional unit.
Examples- production strategy, marketing strategy,advertisement strategy,
sales strategy,human resources strategy , inventory strategy, financial strategy, training strategy, etc.
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A firm must choose between two investment alternatives, each costing $100,000. The first alternative generates $40,000 a year for four years. The second pays one large lump sum of $161,200 at the end of the fourth year. If the firm can raise the required funds to make the investment at an annual cost of 10 percent, which alternative should be preferred?
The second alternative should be preferred by the firm, as it will be able to generate more profit over the four years. The present value of the first alternative is $136,000 which can be calculated as ($40,000 x 4) and the present value of the second alternative is given as $161,200. The difference in the present value of the two investments is $25,200, which is more than the cost of raising the required funds.
Assuming the firm can raise the required funds at an annual cost of 10%, the net present value (NPV) of the first alternative is $20,800 ($136,000 – $115,200) and the NPV of the second alternative is $45,120 ($161,200 – $115,200). As the NPV of the second alternative is higher, it should be preferred.
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the direct write-off method multiple choice question. could result in a mismatching of expenses and revenue is a commonly used method for financial reporting purposes is not allowed for income taxes purposes
The direct write-off method could result in a mismatching of expenses and revenue.
Thus, the correct answer is A.
What is the direct write-off method?To better understаnd the аnswer to “whаt is the direct write-off method,” it’s the first importаnt to look аt the concept of “bаd debt”. Bаd debt refers to аny аmount owed by а customer thаt will not be pаid. The direct write-off method of аccounting for bаd debts аllows businesses to reconcile these аmounts in finаnciаl stаtements.
GААP stаtes thаt expenses аnd revenue must be mаtched within the sаme аccounting period. However, the direct write-off method аllows losses to be recorded in different periods from the originаl invoice dаtes. This meаns thаt reported losses could аppeаr on the income stаtement аgаinst unrelаted revenue, which distorts the bаlаnce sheet. It will report more revenue thаn might hаve аctuаlly been generаted.
Your question is incompletely arranged, but most probably your full question was
The direct write-off method multiple-choice question.
a. could result in a mismatching of expenses and revenue
b. is a commonly used method for financial reporting purposes
c. is not allowed for income taxes purposes
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1. Definition of economic costs
Darnell lives in Dallas and operates a small company selling scooters. On average, he receives $714,000 per year from selling scooters. Out of this revenue from sales, he must pay the manufacturer a wholesale cost of $414,000. He also pays several utility companies, as well as his employees wages totaling $267,000. He owns the building that houses his storefront; if he choose to rent it out, he would receive a yearly amount of $3,000 in rent. Assume there is no depreciation in the value of his property over the year. Further, if Darnell does not operate the scooter business, he can work as a nurse and earn a yearly salary of $21,000 with no additional monetary costs, and rent out his storefront at the $3,000 per year rate. There are no other costs faced by Darnell in running this scooter company.
Identify each of Darnell’s costs in the following table as either an implicit cost or an explicit cost of selling scooters.
Implicit Cost
Explicit Cost
The wages that Darnell pays
The salary Darnell could earn if he worked as a nurse
The wholesale cost for the scooters that Darnell pays the manufacturer
The rental income Darnell could receive if he chose to rent out his showroom
Complete the following table by determining Darnell’s accounting and economic profit of his scooter business.
Profit
(Dollars)
Accounting Profit
Economic Profit
Answer:
Explicit Cost
The wages that Darnell pays
The wholesale cost for the scooters that Darnell pays the manufacturer
Implicit Cost
The salary Darnell could earn if he worked as a nurse
The rental income Darnell could receive if he chose to rent out his showroom
Profit
(Dollars)
Accounting Profit: $714,000 - $414,000 - $267,000 = $33,000
Economic Profit: $714,000 - $414,000 - $267,000 - $21,000 - $3,000 = $10,000
The ____ resume is appropriate for students with limited work experience, career changers, or people with irregular work histories.
The Functional resume is appropriate for students with limited work experience, career changers, or people with irregular work histories.
A functional CV prioritizes experience and transferable abilities over a list of previous jobs. Candidates with employment gaps or career changers typically use it. It's the best strategy to handle a tumultuous job history. A functional resume emphasizes your abilities and experience over your employment history in chronological order. For those with employment gaps or those changing occupations, it might be an excellent fit. List your abilities together with specific instances where you utilised them on a functional resume.
Functional resumes enable you to better tailor the material to a specific role you're looking to land because this layout puts the major focus on your relevant talents, without having to worry too much about job titles that may not apply.
Learn more about Functional Resume here: https://brainly.com/question/17531839
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Find one example of rejected system
What is the main cause of failure of the system?
Define the failure cause with respect to the system acceptability attributes
Answer:
the main cause is you still
Explanation: