- identify changes and trends as a source of new enterprise ideas
Changes and trends are sources of new enterprise ideas. An example can be found in the advent of technology. The advent of internet-enabled devices has led to the growth of internet service providers. The use of headphones, Bluetooth devices, and other accessories has been borne because of new technologies that were not available some fifty years ago.
Changes in trends can lead to the birth of new businesses. Changes in weather condition that pose the risk of skin damage has led to the popularization of sunblocks.
Internet-enabled devices have also led to the introduction of enterprises that deal with gadgets accesories.
These examples show that changes and trends are sources of new enterprise ideas.
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You have a great idea for a business and are excited to get to work. You come across a similar business when doing searches online. Which of the following is the only thing you should NOT do at this information?
A. Learn what they did well and integrate aspects of it
B. Learn ways they haven’t been doing well to know what to avoid
C. Understand how to differentiate your business
D. Change your idea since it’s already being done
Answer:
I think ,it`s D.
Explanation:
Everyone has his own view on something ,in particular business .Why should you change your idea ? Who knows maybe you are the next Einstein who can find a diamond in a desert ?
The buyer and seller agreed to a purchase price of $310,500. The buyer received an 80% loan. How much was the buyer's loan and how did it appear on the settlement statement
Answer:
4 $ 248,400. Credit the buyer only.
Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should he be looking for in a loan?
OA. a low interest rate
OB. a good credit score
OC. an open line of credit
OD. a differed payment plan
Answer:
The Answer To This Question is B. a good credit score.
Explanation:
Which of the following financial statements is also called a profit and loss statement?
Answer:
Also known as the profit and loss statement or the statement of revenue and expense, the income statement primarily focuses on the company's revenues and expenses during a particular period.
Which type of savings plan offers the lowest interest rate?
O A. Checking account
O B. Savings account
O c. Certificate of deposit
O D. Money market account
Answer:
Answer to your question is savings account.
Explanation:
A savings account provides the lowest interest rates.
The Savings account type of savings plan offers the lowest interest rate.
What are accounts?Accounting is not pure mathematics. Simple multiplication, division, and addition are involved. There might be a little elementary algebra, but that's it. You are not required to comprehend calculus.
For accountants, mathematics is a crucial tool. Accounting professionals who possess a strong mathematical foundation can conduct financial analysis and make wise decisions at work. Accounting professionals must be able to understand and apply mathematical ideas like geometry, algebra, and statistics.
The interest rates on basic bank savings accounts are the lowest, typically less than 1%. They have few limitations on how you can access your money, and typically there are no minimum balance requirements. These accounts connected to physical banks can also be accessed online.
Therefore, Thus option (B) is correct.
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The higher the risk associated with a bond, the _______ (more/less) likely a corporation might be to pay an investor back. Interest rates for riskier bonds tend to be ______ (higher/lower) so that investors are ______ (more/less) willing to invest.
BONUS: A riskier bond usually comes from a corporation that has a ______ (low/high) credit rating.
In terms of measuring and validating supply savings: Group of answer choices static markets, technologies, and volumes facilitate the process. there is a universal definition of supply savings. information systems easily capture savings. in many cases there is an inability to convert savings into profit.
It should be noted that in terms of measuring and validating supply savings, in many cases there is an inability to convert savings into profit.
It should be noted that an accurate measurement of cost savings is easier said than done in the supply chain. Despite this, learning how to address the measurement is vital for the competitiveness of a company.
Therefore, in terms of measuring and validating supply savings, in many cases there is an inability to convert savings into profit. Addressing the measurement and reporting the challenges is vital for the profitability of a business.
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Harper Motors sells 32 cars per month at an average price of $24,360. The carrying cost per car is $144 and the fixed order cost is $687. How many orders should the company place per year
The number of orders that the company should place per year is 6.34 orders.
Economic order quantity (EOQ) = (2* yearly demand*per order fixed cost/carrying cost per unit)^(1/2)
Economic order quantity (EOQ) = (2*(32*12)*687/144)^(1/2)
Economic order quantity (EOQ) = (2*384*4.7708)^(1/2)
Economic order quantity (EOQ) = 60.530772339
Economic order quantity (EOQ) = 60.53
Number of orders to be placed = Yearly demand / EOQ
Number of orders to be placed = (32*12)/60.53
Number of orders to be placed = 6.3439616719
Number of orders to be placed = 6.34 orders.
Therefore, the number of orders that the company should place per year is 6.34 orders.
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1. What is the relationship between employment and education? Explain.
Explanation:
I don't know sore
sorry broo plz.
If the price of output falls from $5 to $2, the value of the marginal product of labor of all workers:
When price declines, the value of marginal product of labor of all workers decreases.
Marginal product of labor is the change in output when labor employed in changed by one unit. For example, if total output of labor is 10 units when only one unit of labor is employed and 20 when two units of labour is employed. Price is $1. The marginal product of labor is $10 $1(20 - 10).
An increase in the price of output increases the marginal product of labor and a decline in the price of output decreases the marginal product of labor.
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why is international employment important
what sources could be used to evaluate performance of people working in the following jobs:
Sales representative
TV repairer
Nursing Director at Hospital
HR Manager
Air Traffic Controller
Sources could be used to evaluate the performance of people working in the following jobs?
The correct answer is Option A. Sales representative
What are the duties of a sales representative?Sales reps are responsible for selling products and meeting customer needs while receiving orders from existing or potential retailers. They ensure that customers are satisfied and properly cared for at the time of purchase. This allows you to set up a new account for your employer.
This job requires impeccable soft sales skills such as strong communication skills, organizational skills, and problem-solving skills, as well as deep technical knowledge of products, businesses, and industries.
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Joseph (43) and Azalea (44) are married with no dependents. They will file separate returns for 2020. Joseph files his return first and claims total itemized deductions of $22,500. If Azalea chooses to claim the standard deduction on her return, what is the maximum amount she may claim
Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.
In filing, a married couples who are filling separate returns should claim the same deduction.
If one of them claimed an Itemized deduction, then, the other should claim the same for the expenses paid separately. If one of them claimed a itemized deduction then, the other would get a standard Deduction of Zero.In conclusion, Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.
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Both you and your older brother would like to have $28,500 in 14 years. Because of your success in this class, you feel that you are a more savvy investor than your brother and will be able to earn an annual return of 10.5 percent compared to your brother's 8.7 percent. How much less than your brother will you have to deposit today
How much less than your brother will you have to deposit today is $1,820.78.
First step
Future value = Present value × (1 + interest rate)^number of years
$28,500 = Present value × (1 + 0.105)^14
Present value= $28,500 ÷ 1.105^14
Present value= $28,500 ÷ 4.04642869977
Present value=$7,043.25
Second step
Future value = Present value × (1 + interest rate)^number of years
$28,500 = Present value × (1 + 0.087)^14
Present value= $28,500 ÷ 1.087^14
Present value= $28,500 ÷3.21524163645
Present value=$8,864.03
Third step
Deposit today=-$8,864.03-$7,043.25
Deposit today= $1,820.78
Inconclusion how much less than your brother will you have to deposit today is $1,820.78.
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Question 4
What is the main risk posed by pests in the operation?
SELECT ONE
a
Cross-contact
b Chemical contamination
C Temperature abuse
d Biological contamination
The main risk posed by pests when it comes to food is that of d. Biological contamination
Pests are very bad for food because:
They can infect it with faces They can infect the food with dangerous pathogensFetal contamination and bacterial (pathogenic) infections are examples of biological contamination.
We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.
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The best answer to both the flatness and horizon problems is Group of answer choices dark energy. the inflationary epoch. decoupling. the Steady State Theory. the GUT theory.
It should be noted that best answer to both the flatness and horizon problems is inflationary epoch.
The inflationary epoch van be regarded as the period in the evolution of the early universe, at this period there was an expansion.
According to inflation theory, the earth were recorded to experience great horizon problems and exponential expansion.
Therefore, inflationary epoch brings about both flatness and horizon problems
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Once an online catalog is in place, there are high costs in maintaining and accessing it.
True
False
Answer:
False, once an online catalog is in place, there is little cost in maintaining it
Which of the following is not a product design objective? Make the design easy to track for cost accounting purposes. Design a quality product. Design a product that meets customer requirements. Minimize production costs.
Amongst the options provided in the question, "Make the design easy to track for cost accounting purposes" only is not a product design objective.
Product Design
It is a process that requires cross-functional and knowledge-intensive work, which has become more demanding in today's competitive world.
It is set as one of the key strategies firms need to succeed in the market. These firms develop unique products using this process, as it provides them with the opportunity to set premium prices due to the uniqueness of the product.
Product Design Objective
For this process to succeed, the objective of the product design is, therefore, to produce goods or services with high quality, keeping the prices of the materials and the methods required to produce them at an acceptably low cost. Finally, the product must be competitive in the market in terms of its price, quality, design, and functionality. Thus making it meet the customer needs/wants.
Hence, the only point "Make the design easy to track for cost accounting purposes" is not a product design objective.
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Summarize the relationship between knowledge and skill and the level of wages in the labor
market
?
Answer:
The relationship between knowledge and skill is easy to explain. If you have the knowledge (college degree) then companies will probably hire them because even if they don't have the skill, they are credible and can still be taught. Someone with skill but no degree is viewed as not as valuable.
Explanation:
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $31,000 and $500, respectively. During Year 2, Kincaid reported $72,500 of credit sales, wrote off $550 of receivables as uncollectible, and collected cash from receivables amounting to $74,550. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.
What effect will recognizing the uncollectible accounts expense for Year 2 have on the elements of the financial statements?
a) Increase total assets and retained earnings
b) Decrease total assets and increase retained earnings
c) Decrease total assets and net income
d) Increase total assets and decrease net income
As a result of the uncollectible accounts being recognized in Year 2, there will be a c) Decrease in total assets and net income.
What would recognizing the uncollectible accounts do?When uncollectible accounts are recognized, it means that the accounts receivables will reduce. This will therefore reduce total assets.
The uncollectible accounts will also be recognized as expenses and sent to the profit and loss account which would have the effect of reducing the net income.
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Help Plsss Ill give brainlest
Danielle is a cosmetologist who specializes in hair color. What skill might benefit Danielle in her career?
Question 10 options:
Danielle enjoys working alone.
Danielle likes math and solving puzzles.
Danielle is friendly and outgoing.
Danielle is competitive and likes sports.
The value proposition is____
Answer:
A value proposition states the: specific benefits a product or service offering provides to a buyer.
Explanation:
Horizontal Analysis of Income Statement For 20Y2, McDade Company reported a decline in net income. At the end of the year, T. Burrows, the president, is presented with the following condensed comparative income statement:
McDade Company Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 16,800,000 $ 15,000,000 Cost of goods sold (11,500,000) (10,000,000) Gross profit $ 5,300,000 $ 5,000,000 Selling expenses $ (1,770,000) $ (1,500,000) Administrative expenses (1,220,000) (1,000,000) Total operating expenses $ (2,990,000) $ (2,500,000) Operating income $ 2,310,000 $ 2,500,000 Other revenue 256,950 225,000 Income before income tax expense $ 2,566,950 $ 2,725,000 Income tax expense (1,413,000) (1,500,000) Net income $ 1,153,950 $ 1,225,000
1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20Y1 as the base year. Use the minus sign to indicate an amount or percent decrease. If required, round percentages to one decimal place.
2. To the extent the data permit, comment on the significant relationships revealed by the horizontal analysis prepared in (1).
1. The calculation of the horizontal analysis of McDade Company's Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1 is as follows:
20Y2 % 20Y1 %
Sales $16,800,000 112% $ 15,000,000 100%
Cost of goods sold (11,500,000) 115% (10,000,000) 100%
Gross profit $ 5,300,000 106% $ 5,000,000 100%
Selling expenses $ (1,770,000) 118% $ (1,500,000) 100%
Administrative expenses (1,220,000) 122% (1,000,000) 100%
Total operating expenses $(2,990,000) 120% $(2,500,000) 100%
Operating income $2,310,000 92% $2,500,000 100%
Other revenue 256,950 114% 225,000 100%
Income before income tax expense $2,566,950 94% $2,725,000 100%
Income tax expense (1,413,000) 94% (1,500,000) 100%
Net income $ 1,153,950 94% $ 1,225,000 100%
The calculation of the Trend Analysis, with two examples is as follows:
Sales = 112% ($16,800,000/$15,000,000 x 100%)
Cost of goods sold = 115% ($11,500,000/$10,000,000 x 100%)
2. The significant relationships revealed by this horizontal analysis showed that sales revenue and gross profit increased by 12% and 6% respectively from 20Y1's figure, this increase did not translate into increased net income. Instead, the net income decreased by 6% in 20Y2 as a result of increased operating expenses, which witnessed a 20% increase.
Thus, The horizontal analysis of McDade Company's comparative income statement involves the calculation of percentage changes from 20Y1 to the 20Y2. The dollar amount changes can also be calculated.
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Which of the following are the fastest growing forms of marketing?
Direct and digital
Undifferentiated and differentiated
Internal and external
Mass and targeted
Standardized and customized
Answer: the answer is a
Explanation:
Answer:
I think it's A
Explanation:
nowadays a lot of people use digital ..almost everyone is online now
people love direct talking and dealing like me I get offended when they beat around the Bush so I conclude it to ans A
hope this will help
In the long-run, the supply of high-skill is perfectly elastic.
Select one:
True
False
Answer:
im almost postive is true
Explanation:
Which strategy for managing quality relies on input from employees, suppliers and customers
Answer:
total quality management (tqm)
Explanation:
hope it helps you
define rent-seeking and show how it is related to elasticity
Answer:
What Is Rent Seeking?
Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. Typically, it revolves around government-funded social services and social service programs.
Key takeaways
Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.Rent seeking comes in many forms from lobbying or donating funds.For example, if you donate money but write it off on your taxes, it could be considered a form of rent seeking.
James is employed by a large corporation with 400 employees. The corporation provides its employees with a no-cost gym membership at the local public YMCA. The cost of the membership is $60/month, which is completely paid for by James' employer for all employees. How much, if any, must James include in his yearly gross income related to this fringe benefit
James must include $720 in his yearly gross income related to the fringe benefit.
Where the value of the athletic facilities is to be excluded from an employee's gross income, the facilities must be situated on the employer's business location. Moreover, the athletic facilities must be used exclusively by the employees and their dependents.
Due to the above, James's membership is at a public YMCA, hence taxable.
Also, James start date with the corporation was not given, he would however receive 12 months of the benefit.
12 × $60 = $720
Therefore, James must include the full cost of $720 paid by his employer in his yearly gross income related to the fringe benefit.
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One of the benefits to lenders from the secondary mortgage markets is that they tend to raise the interest rate charged to borrowers. Group of answer choices True False
Answer:
true
Explanation:
the mortgage is riskier for the lender as the first mortgage takes priority and getting paid off in a foreclosure