Tradtional Selling is the interaction between sellers and buyers. There different steps of traditional selling and they are:
Prospecting.Preparation.Approach.Presentation.Handling objections.Closing.Follow-up.Prospecting is the process of creating list of buyers.
Preparation is the research carried on the wants, needs and other background information of the targeted customers.
Approach is when the sellers makes the first contact or impression with the buyers, it can be done through call or done physically.
Presentation is when the seller shows the benefits of product and how they can satisfy the customers' needs or the problem that they want to solve.
Handling Objections it is one of the process by which seller pay attention to prospect's concerns and asking additional questions to better identify and understand their objections. The seller might tries to explain better on how the product can be helpful.
Closing: this is where the seller actually have to ask if the potential customer is convinced and willing to make the purchase. If your customer has been convinced your product or service will meet their needs, you close the sale by agreeing on the terms of the sale and finishing up the transaction.
Follow up this is the final step of selling after the sale has been made and all left to be done is retaining the customers and trying to get more customers
The above are the steps in traditional selling.
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a project has sales of $300,000, costs of $200,000, depreciation of $60,000, interest expense of $4,000, and a tax rate of 21 percent. what is the value of the depreciation tax shield?
The value of the depreciation tax shield is (C) $12,600.
What is depreciation?An asset loses value over time as a result of use, damage, or obsolescence.
Depreciation is the measurement of this decline.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
So, the value of the depreciation tax shield:
The depreciation tax shield formula: Depreciation Tax Shield = Depreciation Expense * Tax Rate %
Now, substitute values and calculate as follows:
Depreciation Tax Shield = Depreciation Expense * Tax Rate %
Depreciation Tax Shield = 60,000 * 0.21
Depreciation Tax Shield = $12,600
Therefore, the value of the depreciation tax shield is (C) $12,600.
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Complete question:
A project has sales of $300,000, costs of $200,000, depreciation of $60,000, interest expense of $4,000, and a tax rate of 21 percent. what is the value of the depreciation tax shield?
a. $47,400
b. $24,800
c. $12,600
d. $38,800
under the conduit theory, taxes payable on dividends and interest distributed by a regulated investment company are paid:
According to the conduit idea, the investment company alone is responsible for paying taxes on dividends and interest distributed by regulated investment companies. exclusively by the shareholder.
What is the conduit theory of taxation?According to the conduit theory, an investment company that distributes all of its shareholders' dividends, interest, and capital gains shouldn't be subject to corporate taxes. The idea that these businesses should be viewed as conduits or pipelines is known as conduit theory.a US investment corporation that has chosen to be treated as a RIC and complies with particular tax regulations regarding its assets, revenue, and payouts. Typically, closed-end investment corporations and mutual funds are taxed as RICs.Any sort of business, such as mutual funds, exchange-traded funds (ETFs), unit investment trusts, or real estate investment trusts, might qualify as a regulated investment company (RIC) (REITs).
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__________ is when the expected cost of a shortage equals the expected cost of having excess units within a single-period inventory system.
Target stocking point is when the expected cost of a shortage equals the expected cost of having excess units within a single-period inventory system.
The amount of inventory a business will keep on hand in terms of days' supply is known as target inventory or target stock level. This level should be high enough to ensure that production capacity can meet demand during peak times and low enough to prevent stocking outs.
It is equal to the maximum in a min-max inventory system. The order point plus a variable order quantity equals the target inventory as a result.
In short, target inventory is the total amount of stock that a company has on hand at any given time.
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Which of the following activities takes place most immediately once the mission has been developed?
A) The firm develops alternative or back-up missions in case the original mission fails.
B) The functional areas develop their functional area strategies.
C) The functional areas develop their supporting missions.
D) The ten OM decision areas are prioritized.
E) Operational tactics are developed.
The mission development activity occurs most quickly when the functional areas generate their supporting missions.
The supporting missions are developed by the functional areas. An international business and a multinational corporation differ in certain ways.
The next step for an organization after creating its mission statement is to create the precise goals targeted at fulfilling that aim.
A practical planning method called VMOSA (Vision, Mission, Objectives, Strategies, and Action Plans) is used to assist community groups in defining a vision and creating workable change-implementing strategies. VMOSA assists your company in setting and achieving short-term objectives while staying focused on your long-term objectives. Including this planning process in your group's activities can help you establish consensus, define your objective, and ground your aspirations. This section examines when and how to integrate VMOSA into the planning process at your organization.
goals for the process. These are the goals that speak to carrying out the actions required to accomplish other goals. The committee might decide to establish a detailed strategy for enhancing local housing, for instance.
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a communications company pays annual dividends of $8.50 with no possibility of it changing in the next several years. if the firm's stock is currently selling at $60.71, what is the required rate of return? (round to nearest whole number)
The correct answer 14%
P = D1/(r-g)
60.71 = 8.50/(r-0)
r = 8.50/60.71 = 14%
What is required rate of return?
The minimal profit (return) an investor will seek or expect in exchange for taking on the risk of investing in a stock or other type of security is known as the required rate of return (RRR). RRR can also be used to determine a project's potential profitability in relation to its funding costs.
For instance, an investor who can earn 10% annually by purchasing US bonds would first set a required rate of return of 12% before considering a riskier investment.
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country a is a more developed country with a low birth rate, a low total fertility rate, a high life expectancy, and a high percentage of urban population. based on this information, which of the following outcomes is most likely to occur in country a?
The outcome that is most likely to occur in country a, which is a more developed country, is pressures on pension and social security programs are at critical levels as the number of elderly increases.
What is a developed country?A developed country is a sovereign state that has developed economy, a high quality of life, advanced technological infrastructure relative to other less industrialized nations. The criteria for evaluating the degree of economic development are, most commonly, gross domestic product (GDP), gross national product (GNP), level of industrialization, the per capita income, amount of widespread infrastructure and general standard of living.
The multiple choices of the question are probably these:
A) Guest workers coming from less developed countries are needed to fill the labor shortages in urban areas.B) Declining youth populations and falling birth rates result in an increase in school construction in urban areas.C) Social security programs and pressures on pension are at critical levels as the number of elderly increases.D) National and provincial politicians must tailor their political campaigns to appeal to rural voters.E) As elderly populations downsize and seek to be closer to urban amenities, suburban house construction declines.In that case, C would be the correct option.
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Baed on a imple random ample of 100 applicant at St. Andrew' college, we'd like to etimate the probability that the ample mean of SAT core will fall within /-10 of the population mean 1697? In other word, between 1687 and 1707, given that the population tandard deviation of SAT core i 87. 4?
The populace general deviation is a measure of how lots version there is amongst person facts factors in a population. It's a way of quantifying how unfold out the records is from its mean.
What is the difference between populace preferred deviation and sample?The populace general deviation is a parameter, which is a constant cost calculated from each and every man or woman in the population. A pattern trendy deviation is a statistic. This skill that it is calculated from only some of the humans in a population.
Is populace wellknown deviation the same as variance?Variance is the average squared deviations from the mean, whilst standard deviation is the rectangular root of this number. Both measures mirror variability in a distribution, however their devices differ: Standard deviation is expressed in the same gadgets as the authentic values (e.g., minutes or meters).
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https://brainly.com/question/475676#SPJ4the payment of a fee to have products and services delivered on a recurring schedule is called blank . multiple choice question. subscription commerce social commerce permission marketing interactive marketing
The payment of a fee to have products and services delivered on a recurring schedule is called subscription commerce.
Subscription commerce is a growing business model in which customers pay a recurring fee to receive products or services on a regular basis. It is an important part of how we shop today, from gym memberships to meal kits to streaming services.
It's become even more common in the last decade, with COVID-19 resulting in a massive surge of new subscribers to all types of businesses.
Access Subscriptions such as Subscribers pay for content and perks such as gated content, discounts, and exclusive products. For example, Netflix. Replenishment Subscriptions, such as Subscribers signing up for recurring deliveries of specific products they use frequently, often at a discount. Consider paper products, vitamins, household supplies, laundry detergent, grocery staples, and so on. For example, Amazon.
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allowance for doubtful accounts is a . multiple choice question. permanent account so its balance carries forward to the next accounting period temporary account so its balance carries forward to the next accounting period permanent account so its balance is closed (zeroed out) at the end of the accounting period temporary account so its balance is closed (zeroed out) at the end of the accounting period
Doubtful accounts are not closed; rather, the balances are carried over to the following year. They are permanent accounts, just like the majority of the other accounts on a company's balance sheet.
How would you define a permanent account?The accumulating amounts are continuously recorded in permanent accounts. A permanent account would be one that is receivable. Accounts payable, inventory, and investments are a few further instances of permanent accounts.
What do temporary and permanent accounts mean?A temporary account can be seen on a company's income statement, which evaluates profit and loss over a period of time, whereas a permanent account can be found on a company's balance sheet, which gives a snapshot of what the company owns and owes at a single point in time.
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a performance marketing manager wants to improve their search ads campaign. on the ads recommendations page, they see that their search campaign has an optimization score of 75%. what does this mean?
The manager's campaign performance might increase by 25% if they follow the optimization score recommendations, thus that is the correct response.
How did the election turn out?
Campaign performance is a vital metric that a business can use to assess its activity, regardless of the size of the company or the size of the industry. Marketing experts can tell from a campaign's performance whether their goal has been achieved or if there are roadblocks.
What are performance-based campaigns, exactly?
Digital marketing and advertising are instances of performance-based marketing, in which professional service providers are compensated after meeting predetermined criteria and corporate objectives. In digital performance marketing, performance and success are negatively associated, and you only get paid when a specific activity is complete.
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mr. and mrs. casey have two dependent children, ages 3 and 6. the caseys spent $10,300 for childcare this year. mrs. casey is employed full-time as an attorney. mr. casey is an unpublished novelist who has yet to earn any money from his writing. the caseys are eligible for a dependent care credit.
False The Caseys are not eligible for a dependent care credit.
A federal tax break known as the Child and Dependent Care Credit assists families in paying for child care costs incurred while working or looking for work. Families who are required to pay for the care of an adult dependent or a spouse who is disabled may also be eligible for the credit.
Taxpayers who cover childcare costs out of pocket are eligible for the child and dependent care credit. The credit offers relief to people and couples who support a dependent kid or somebody with a disability while they work or look for job. There is a cap on the total dollar amount of qualifying expenses, and the percentage of eligible expenses that qualify for the tax credit varies based on the taxpayer's income level.
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glacier bicycle company manufactures commuter bicycles from recycled materials. the following data for october are available: quantity of direct labor used 5,000 hrs. actual rate for direct labor $22.75 per hr. bicycles completed in october 800 bicycles standard direct labor per bicycle 6.0 hrs. standard rate for direct labor $24.00 per hr. a. determine for october the direct labor rate variance, direct labor time variance, and total direct labor cost variance. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. direct labor rate variance $fill in the blank 1 direct labor time variance $fill in the blank 3 total direct labor cost variance $fill in the blank 5 b. how much direct labor should be debited to work in process? $fill in the blank 7
The total direct labor cost variance is $6250.
What is direct labor cost?A direct labor cost is a component of the wage bill or payroll that can be specifically and consistently allocated to or related with the production of a good, a specific job order, or the delivery of a service. Additionally, we can say that it is the price of the labor performed by the employees who really create the product on the assembly line. Planning the work to be done, specifying the job content, showing the ability, expertise, etc., and matching the jobs with the people can all be done to determine the direct labor cost. The wage is the sum of money given to the employee each hour as payment for the task completed.
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what is the evpi? success moderate success failure probability 0.3 0.3 0.4 sell company 95 95 95 form joint venture 210 120 46 sell software on own 420 164 -100 submit answer format: number: round to: 1 decimal places. unanswered not submitted attempts remaining: 2
The expected value of perfect information (EVPI) is 78.
What is EVPI and how to calculate EVPI?
EVPI or expected value of perfect information is the value of a person's willingness to pay for access to perfect information.
EVPI can be calculated by choose the best or highest expected value in each situation and subtract that by expected value with perfect information.
EVPI = EV|PI - EMV
First, we calculate expected value in each situation
Expected value sell company = 95×0.3 + 95×0.3 + 95×0.4
= 95
Expected value form joint venture = 210×0.3 + 120×0.3 + 46×0.4
= 117.4
Expected value sell software on own = 420×0.3 + 164×0.3 - 100×0.4
= 135.2
So, the highest expected value or EMV is 135.2
Then, for EV|PI is to choose best state or best value
EV|PI = 420×0.3 + 164×0.3 + 95×0.4
= 213.2
EVPI = EV|PI - EMV
= 213.2 - 135.2
= 78
Thus, the expected value of perfect information (EVPI) is 78.
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advertising by mail has become much less effective, with fewer consumers responding. because consumers are increasingly overwhelmed by the sheer amount of junk mail they receive, most discard almost all offers without considering them. thus, an effective way for corporations to
Cooperation among senders is possible, and that this junk mail avoiding behavior would change.
Advertising by mail has become much less effective, with fewer consumers responding. Because consumers are increasingly overwhelmed by the sheer amount of junk mail they receive, most discard almost all others without considering them. Thus, an effective way tor corporations to improve response rates would be to more carefully target the individuals to whom they mail advertising, thereby cutting down on the amount oi junk mall each consumer receives.
(E) This option directly supports the likelihood of the recommendation working. It flat out says that response rates to well targeted mail are better, and on top of that, even better than most forms of advertising in general (including traditional junk mail since the prompt says people discard almost all offers without considering them).
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Complete question:Advertising by mail has become much less effective, with fewer consumers responding. Because consumers are increasingly overwhelmed by the sheer amount of junk mail they receive, most discard almost all otters without considering them. Thus. an effective way tor corporations to improve response rates would be to more carefully target the individuals to whom they mail advertising, thereby cutting down on the amount oi junk mall each consumer receives.
Which of the following, if true, would most support this recommendation?
(A) There are cost effective means by which corporations that currently advertise by mail could improve response rates.
(B) Many successful corporations are already carefully targeting the individuals to whom they mail advertising.
(C) Any consumer who, immediately alter receiving an advertisement by mail, merely glances at it is very likely to discard it.
(D) Improvements in the quality of the advertising materials used in mail that is carefully targeted to individuals can improve the response rate for such mail.
(E) Response rates to carefully targeted advertisements by mail are considerably higher, on average, than response rates to most other forms of advertising.
when does title to stolen goods transfer?
The thief has no ownership rights over assets that have been stolenly moved from one owner to another.
Since the thief's title is invalid, no subsequent buyer may obtain it, and the owner can get their money back. The transferee obtains a voidable title if the transfer was made fraudulently.
When the shipping paperwork are handed to the customer and he accepts them by paying for the goods, ownership of the products is passed to him. Therefore, the seller may pursue damages for the breach of contract rather than the cost of the products if the buyer refuses to accept the shipping documents. F.O.B.
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The correct question is:
How are the ownership rights of the stolen items transferred?
the relationship between tax rates and tax revenue can be shown through the marginal productivity curve.
a. true
b. false
Answer:
falseeeeeeee
Explanation:
f f f f f f f
The relationship between tax rates and tax revenue can be shown through the marginal productivity curve, is the false statement. Hence, option B is correct.
What is the relationship between tax rates and tax revenues?The Laffer Curve is based on a theory by supply-side economist Arthur Laffer. It was created in 1974 and graphically illustrates the relationship between tax rates and the overall amount of tax revenue that governments receive. The curve is widely used to support the idea that reducing tax rates can increase total tax revenue.
Total tax income is calculated by multiplying the tax base by the tax rate. The main bases for taxation under current tax systems are income, spending, and assets. The tax rate is the sum of taxes applied to each unit of the tax base.
Thus, option B is correct.
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you are trying to calculate the cost of equity for a 10-year project at boeing. you know that the stock's beta is 1.37 and you estimate that the expected return on the market portfolio is 7.5%. you have collected the following information on the yields of different treasury securities. based on the best practices for estimating the cost of equity, what would be the appropriate cost of equity to use for this project? select one. yields on selected treasury securities maturity yield (in %) 1 month 1.48% 6 months 1.55% 1 year 1.60% 2 years 1.61% 3 years 1.62% 5 years 1.69% 7 years 1.83% 10 years 1.92% 20 years 2.25% 30 years 2.39%
8.96% is the proper cost of equity to use for this project.
What is cost of equality?The term "weighted average cost of capital" refers to the weighted average cost of a company's various sources of capital, such as debt, equity, and preferred equity.The return a company theoretically gives to its equity investors, or shareholders, in order to make up for the risk they assume by investing their money, is known as the cost of equity. For a business to function and expand, it needs funding from other sources.According to our question-
Risk free rate for 5th year = 1.69%
Beta = 1.37
Market return = 7%
As per CAPM
cost of equity = Risk free rate + Beta * (Market return – Risk free rate)
= 1.69% + 1.37 * (7% – 1.69%)
= 1.69% + 1.37 * 5.31%
= 1.69% + 7.2747%
= 8.9647% rounded off to 8.96%
8.96% is the proper cost of equity for this project.
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the production manager for the classic boat corporation must determine how many unitsof the classic 21 model to produce over the next four quarters. the company has a beginninginventory of 100 classic 21 boats, and demand for the four quarters is 2000 units inquarter 1, 4000 units in quarter 2, 3000 units in quarter 3, and 1500 units in quarter 4. thefirm has limited production capacity in each quarter. that is, up to 4000 units can be producedin quarter 1, 3000 units in quarter 2, 2000 units in quarter 3, and 4000 units in quarter4. each boat held in inventory in quarters 1 and 2 incurs an inventory holding cost of$250 per unit; the holding cost for quarters 3 and 4 is $300per unit. the production costsfor the first quarter are $10,000 per unit; these costs are expected to increase by 10% eachquarter because of increases in labor and material costs. management specified that theending inventory for quarter 4 must be at least 500 boats.
The company has a beginning inventory of 100 Classic 21 boats, and demand for the four quarters is 2000 units in quarter 1, 4000 units in quarter 2, 3000 units
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
The average inventory level has been taken as (Beginning Inventory + Production + Ending Inventory) / 2. However, in some texts, one may find formulae like (Beginning Inventory + Ending Inventory) / 2. But the first formula becomes the production manager for the classic boat corporation must determine how many units of the classic 21 model to produce over the next four quarters
Therefore, The company has a beginning inventory of 100 Classic 21 boats, and the demand
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The government collects tax revenue of $100 million and has $105 million in outlays. The budget balance is a.
The government spends $105 million and receives $100 million in tax income. There is a $5 million deficit in the budget balance.
An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people.
An expansionary fiscal strategy, which lowers income and corporation taxes (thereby cutting government revenue) and increases government expenditure on infrastructure and projects to draw in foreign investment and spur economic growth, may be financed by a budget deficit.
A budget deficit can help the economy in the short run by giving individuals more money to spend and invest. However, an excessive deficit might endanger economic expansion and boost inflation. Spending must be cut or revenue must be increased to undo the impacts of the big US deficit.
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A company producing cosmetics may have hundreds of suppliers, some of which may be selling the same or similar raw and packaging materials to other cosmetics manufacturing companies. In addition, that same cosmetics manufacturer may sell to a retailer that buys similar cosmetics from a number of other manufacturers. This scenario illustrates?.
Advertising that is designed and paid for jointly by the retailer and marketer, typically in-store, is referred to as cooperative advertising.Advertising that aims to raise awareness of and provide information about a particular brand is known as selective demand advertising.
Logistics has an impact on which of the four Ps of the marketing mix?
Planned operations is most firmly connected with the spot component of the promoting blend.
What is the advertising demand?
Primary Demand and Selective Demand Advertising Selective demand advertisements highlight the advantages of a brand in the hopes that particular customers will choose it over a rival's offerings.
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which of the following transactions/events commonly give rise to cash outflows of business entities? (select all that apply.) multiple select question. treasury stock is purchased. depreciation is accrued periodically. common stock is sold to investors. inventory is purchased.
An equipment purchase would generate a cash outflow and be categorized as a cash outflow from investing activities.
What are stocks?A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges.Government standards designed to shield investors from dishonest tactics must be followed during stock trades.Based on the proportion of shares an investor owns to the total number of outstanding shares, a shareholder is regarded as an owner of the issuing firm.If a corporation has 1,000 outstanding shares of stock and one shareholder has 100 of those shares, that shareholder would possess and be entitled to 10% of the company's assets and profits.Hence, An equipment purchase would generate a cash outflow and be categorized as a cash outflow from investing activities.
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business math 1. you've been told that a potential investor wants at least 22% of the business plan to focus on market analysis. if your business plan is 18 pages, how many pages should be devoted to market analysis
Market analysis is an essential component of any business plan. This section needs to demonstrate your knowledge of your specific market as well as the market's financial attractiveness.
Potential investor = 22%
Business plan = 18
Market analysis = 18 x 22/100
= 3.96
A market analysis evaluates a market both quantitatively and qualitatively. It examines the market's size in terms of both volume and value, the different consumer segments and purchasing patterns, the level of competition, and the overall business climate in terms of entry barriers and regulations.
Depending on the kind of company you are marketing to investors, your strategy for determining the market's size will vary. If your company plan is for a small store or restaurant, you must adopt a local strategy and attempt to evaluate the market in the area. If you are preparing a business plan for a chain of restaurants, you must analyse the market on a national scale.
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sam seller and bill buyer meet out in a field. neither sam nor bill has the commission approved contract form, so bill pulls out his handkerchief and writes down the address of the property, price, date of closing and collects $50 from bill. bill and sam sign the piece of paper. is this a valid contract?
In the given situation, the contract formed by Sam and Bill is not a valid contract.
What is a contract?A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and duties of the parties. The transfer of commodities, services, money or a promise to transfer any of those at a later time are common components of contracts.The simplest definition of a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically making an offer and the other accepting it.Construction Contracts: 4 Types
Lump-Sum Agreements.Cost-Plus-Fee Agreements.Contracts with a Guaranteed Maximum Price.Unit-Price Agreements.Therefore, in the given situation, the contract formed by Sam and Bill is not a valid contract.
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When considering the international marketplace, small- and medium-sized firms tend to.
Small and medium-sized businesses frequently ignore overseas markets when thinking about the global marketplace in favor of concentrating their efforts on the local market.
Small and medium-sized enterprises, also known as small and medium-sized firms, are companies with staff and income below a particular threshold. International entities like the World Bank, the European Union, the United Nations, and the World Trade Organization all use the acronym "SME."
Small and medium-sized businesses are crucial to the expansion and development of an economy. This is because the establishment, maintenance, and expansion of SMEs are seen as essential to the industrial sector's development in developing economies.
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Which of the following characteristics is true of fiduciary funds?
a. they report assigned fund balances
b. their net assets are unavailable to finance government programs
c. they prepare statements of cash flows for external reporting
d. their net assets cannot have debit balances under any
They prepare statements of cash flows for external reporting is true characteristics for fiduciary funds. So, the correct answer is option c.
What is a Fiduciary funds?
Governmental accounting uses a fiduciary fund to track assets held in trust for other people. Financial statements are created for fiduciary funds utilising the accrual foundation of accounting and a measurement focus on economic resources. The statement of fiduciary net position and the statement of changes in fiduciary net position are the two financial statements that must be provided by a fiduciary fund. Governments use fiduciary funds to keep track of the assets they own and maintain on behalf of other people or entities, which is why they are also known as trust funds.Formal trust agreements are the main tool used to establish trust relationships. In governmental accounting, assets held in trust for others are recorded using fiduciary funds.To know more about Fiduciary funds visit:
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a congested side street in your neighborhood is a. excludable and rival in consumption. b. excludable and not rival in consumption. c. not excludable and rival in consumption. d. not excludable and not rival in consumption
A congested side street in your neighborhood is Option c. not excludable and rival in consumption.
The required details about consumption is mentioned in below paragraph.
Consumption is an pastime wherein institutional gadgets burn up items or offerings; intake may be both intermediate or final. It is using items and offerings for the pride of person or collective human desires or wants.intake, in economics, using items and offerings through households. Consumption is wonderful from intake expenditure, that is the acquisition of products and offerings to be used through households. Consumption differs from intake expenditure typically due to the fact long lasting items, together with automobiles, generate an expenditure specially withinside the duration while they're purchased, however they generate “intake offerings” (for example, an vehicle presents transportation offerings) till they're changed or scrapped.Consumption is a complicated social phenomenon wherein human beings eat items or offerings for motives past their primary use-value. Conspicuous Consumption, Symbolic Consumption, Addictive Consumption, Compulsive Consumption and Sacred Consumption are 5 important classes defining unique intake styles
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caesar leads several projects at apple pie industries. he likes to utilize a simple bar graph that shows how much work has been completed on various projects along with processes that are falling behind schedule. caesar is using a(n)
To represent the progress in the form of a pie chart, Caesar must be using an Gantt chart.
A Gantt chart is a project management tool which illustrates a project plan, whose project schedule is determined or compared using the starting and end targets. It was Henry Gantt in the early twentieth century. This chart allows the user to easily comprehend complex tasks, follow routine plans and keep a check on the progress made. Plotting the progress and the lag in any project enables Caesar to keep close observation on the work. It also increases his efficiency in maintaining records. Some essential features of Gantt Charts could be as follows:
Task NamesTask DurationDependenciesTask hierarchiesLearn more about Gantt chart at:
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Reality Ltd. has an Authorised Capital of 11,000 Equity Shares of ₹ 100 each. It issued 5,000 Equity Shares to public for subscription payable ₹ 30 on Application, ₹ 30 on Allotment, and ₹ 20 on first call and balance
on final call. The whole of the issue was called for by the Company and all the money was duly received except first and final call money on 500 Shares and these Shares were forfeited. Out of the Forfeited Shares,
300 Shares were reissued for ₹ 110 each fully paid up.
Show Share Capital and Reserves and Surplus in the Balance Sheet of the Company as per Schedule III of Companies Act, 2013 as at 31st March, 2022.
Share capital Balance is Rs. 480000 and Reserve and Surplus Balance is Rs. 3000.
It is given that 5000 shares were issued for subscription payable ₹ 30 on Application, ₹ 30 on Allotment, and ₹ 20 on first call and 20 final call.
All the money was duly received except first and final call money on 500 Shares and these Shares were forfeited.
Thus, the amount received on application = ₹ 30 × 5000 = ₹150000 and share capital account will be credited with ₹150000
the amount received on allotment = ₹ 30 × 5000 = ₹150000 and share capital account will be credited with ₹150000
the amount received on first call = ₹ 20 × (5000 - 500) = ₹90000 and share capital account will be credited with ₹100000
the amount received on final call = ₹ 20 × (5000 - 500) = ₹90000 and share capital account will be credited with ₹100000
It is given that 500 shares are forfeited. Thus, the amount received on these 500 shares will be transferred to the forfeiture account and share capital account will be debited with ₹50000
Thus, forfeiture account balance = 500 shares × (30+30) = ₹30000
Share capital balance = ₹150000 + ₹150000 + ₹100000 + ₹100000 - ₹50000 = ₹450000
It is also given that 300 shares are reissued at ₹110.
Thus, share capital account will be credited with ₹30000 and share premium account will be credited with ₹3000. Amount received from reissue will ₹33000.
Thus, Share capital balance = ₹150000 + ₹150000 + ₹100000 + ₹100000 - ₹50000 + 30000= ₹480000
Reserve and Surplus Balance ( Share premium account) is ₹3000.
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we are evaluating a project that costs $848,000, has an eight-year life, and has no salvage value. assume that depreciation is straight-line to zero over the life of the project. sales are projected at 62,000 units per year. price per unit is $40, variable cost per unit is $24, and fixed costs are $636,000 per year. the tax rate is 24 percent, and we require a return of 20 percent on this project.
A project's susceptibility to undesirable fluctuations in the value of the underlying factors, such as the sales price, sales units, its indirect cost, and other variables, is assessed using sensitivity analysis.
Sensitivity analysis: What is it?According to a specific set of assumptions, sensitivity analysis evaluates how various values of an exogenous variables impact a specific dependent variable. In other words, analyses look at how different types of ambiguity in a mathematical formula affect the overall level of uncertainty in the model.
Briefing:Project has an eight-year lifespan, costs $848,000, and has no residual value. Over the course of the project's life, depreciation decreases linearly to zero.
Depreciation = $848,000 / 8 = $106,000
Contribution margin per unit = selling price - variable cost per unit
= 40 - 20 = $20 per unit
Accounting break-even point = (Fixed costs + Depreciation) / Contribution per unit
= (625,000 + 106,000) / 20
= 36,550 units
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1. Rick Jenson is paid semi-monthlyHis yearly salary is $36,000 and is paid time and a half for any hours worked over 40 in a week. During the payroll period, he had 4 hours of overtime. Calculate Rick's pay and overtime rate for the semi- monthly period.
During the payroll period, he had 4 hours of overtime. Rick's pay and overtime rate for the semi- monthly period is $918.
Your response is $918 because you are aware that he was paid $18 per hour and put in 35 hours
which you can calculate as 18x35-630. He also put in 8 hours of overtime, which is double the regular amount, so you can multiply 18 by 2 to get 36 and 36 by 8 to get 288, and then add the two to get $918, which is Rick's total pay.
Paychecks are issued twice a month under a semi-monthly pay schedule, typically on set days like the first and fifteenth or the fifteenth and thirtyth.
They might not always fall on the same day of the week, and as a result, you would only pay your employees 26 times a year as opposed to 24. Switching to a semi-monthly pay schedule, which means each month includes two pay periods, has helped us maintain more stable cash flow. Biweekly payrolls are processed every two weeks, whereas semimonthly payrolls are processed twice a month, typically on the 15th and last day of the month.
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