According to Paine, errors of judgment in an organization often reveal: Group of answer choices A culture and management philosophy that operates different from how it appears "in the books" A culture and management philosophy that is insensitive or indifferent to ethical concerns A culture and management philosophy motivated primary by greed and self-interest A culture and management philosophy that sets out to deceive

Answers

Answer 1

Answer: A culture and management philosophy that is insensitive or indifferent to ethical concerns

Explanation:

According to Paine, errors of judgment in an organization often reveal culture and management philosophy that is insensitive or indifferent to ethical concerns.

Error of judgement occurs when a poor decision is made by an organization or company which leads to a business error. To avoid judgement error, information should be scrutinized totally end every biases should be removed.


Related Questions

For most consumers, maximizing utility through consumption generally means finding good deals in order to maximize the utility received for each dollar spent. However, some makers of luxury goods believe that their customers actually achieve utility by paying high prices. As a result, lowering prices may lead to reduced sales for the makers of luxury goods. How is this counterintuitive concept rationalized by analysis of consumer behavior and the utility maximization rule

Answers

Answer:

The explanation of that situation is below.

Explanation:

To begin with, the most important factor to have in mind in the situation explained above is the fact that we are talking about a "luxury good" and therefore that when it comes to this type of goods is better when the majority of the people do not possess or at least they must represent the fact that they are exclusive for only some part of the population. That is why that those goods use the strategy of increase always the price because that will means that they are not affordable for the majority of the society but only for a few and that will give to the owner of the good a sense of uniqueness and with that it also comes the sense of superiority. That is why that when it comes to this type of good the analysis change and it collides with the other theory of utility maximation.

Troy, a cash basis taxpayer, owns an office building. His records reflect the following for 20X1. On March 1, 20X1, office B was leased for twelve months for $12,000. A $900 security deposit was received which will be used as the last month's rent. On September 30, 20X1, the tenant in office A paid Troy $3,600 to cancel the lease expiring on March 31, 20X1. The lease of the tenant in office C expired on December 31, 20X1, and the tenant left improvements valued at $1,400. The improvements were not in lieu of any required rent. Considering just these four amounts, what amount must Troy include in rental income on his income tax return for 20X1?
a. $17,900
b. $17,000
c. $16,500
d. $13,800

Answers

Answer:

c. $16,500

Explanation:

The rental revenue from office B must be included even though 3 months of rent belong to 20x2 = $12,000 + the $900 security deposit (last moth of rent). The $3,600 received for canceling the lease of office A should also be included. Total rental income = $12,000 + $900 + $3,600 = $16,500.

Cash basis taxpayers recognize revenue when they collect money, and recognize expenses when they pay for them. There are some exceptions that apply to prepaid expenses or unearned revenue. This is known as the 12 month rule. It means that if the cash collection or payment do not extend for more than 12 months after they were made, then they can be recorded as either revenues or expenses during the current period. Since the rent was prepaid in advance for 12 months, then all the cash received must be considered revenue.

How do you think Alden, from Situation 2, found out about Revinate? Given all the online companies that might help your business connect you with customers, how would you choose one?

Answers

The correct answer to this open question is the following.

Although you forgot to include the proper context of the question or further references, we can comment on the following.

Alden found out about Revinate by searching on the web trying to find the best software options that could help the company to identify the customer's reviews so Gregory E. Alden could make the best decisions for his company.

Gregory E. Alden is the manager of the company Woodside Hotels, located in Northern California. He was trying to monitor the comments of his high-class clients because Woodside Hotels is in the luxurious hotel business. So knowing that constantly monitoring client's comments on social media pages such as TripAdvisor or Yelp can be an arduous and difficult task, Gregory searched for the best software company to monitor client's comments on social media. That is how he found Revinate, a company that helps managers to track reviews so they can make the best business decisions once they have learned what their customers desire. And that is exactly what I would do to choose the kind of company to know about the preferences of my customers.

Category of cost not associated from the extension of credit and accounts receivable is

A: Capital costs

B: Delinquency costs

C: Direct costs

D: Default costs​

Answers

Answer:

A.Capital costs

Explanation:

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Relay Corporation manufactures batons. Relay can manufacture 300,000 batons a year at a variable cost of$750,000 and a fixed cost of $450,000. Based on Relay's predictions, 240,000 batons will be sold at the regular price of $5.00 each. In addition, a special order was placed for 60,000 batons to be sold at a 40% discount off the regular price. Required: By what amount would income before income taxes be increased or decreased as a result of the special order

Answers

Answer:

The total rise in income is $30,000

Explanation:

The computation is shown below:

Sale price     3     {5 × (1 - 0.40)

Less: Incremental cost  2.5   ($750,000 ÷ 300,000)

Increase in income per unit   0.50

Divide by Total units    60,000

Total increase in income   $30,000

Hence, the total rise in income is $30,000 and the same is to be considered

The total rise in income before tax is $30,000 as a result of a special offer when the Relay Corporation manufactures batons.

What is income?

Income is defined as the consumption and saving opportunity achieved by a commodity within a nominal time structure, which is commonly represented in monetary words. Income is challenging to describe conceptually, and the explanation may be further across areas.

Computation of change in income:

According to the given information,

Regular price = $5.

Discount Rate=40%

Then sales price would be:

[tex]\text{Sale Price}= \text{Regular Price}(1- \text{Discount Rate})\\\\\text{Sale Price}=\$5 \text (1 - 0.40)\\\\\text{Sale Price}= \$3[/tex]

Then the incremental cost is:

[tex]\text{Incremental Cost}=\dfrac{ \text{Variable Cost}}{\text{Units Produced}}\\\\ \text{Incremental Cost}=\dfrac{\$750,000}{\$300,000}\\\\ \text{Incremental Cost}=2.5[/tex]

Increase in income per unit:

[tex]\text{Increase In Income}=\text{Sales Price}- \text{Incremental Cost}\\\\\text{Increase In Income}=\$3-\$2.5\\\\\text{Increase In Income}=0.50[/tex]  

Therefore, the increase in income is :

[tex]=\text{Per unit Increase In Income}\times\text{Total Units}\\\\=0.50\times60,000\\\\=\$30,000[/tex]

Learn more about income, refer to:

https://brainly.com/question/17961582

to beter take into account the differential impact of fixed and variable costs, marketing managers canuse ____ pricing

Answers

Answer:

target return pricing

Explanation:

Target return pricing is a pricing method that uses a very simple formula:

target price = [unit cost + (desired return x capital)] /unit sales

The price is based on the ROI that the company expects from a certain product (or project).

Even though this is a fairly simple method for pricing a good or service, it can also have serious negative consequences:

it doesn't take in account consumers' tastes or preferenceswhat happens if the expected ROI is too high, that could kill a project that could have been successful otherwisethe time frames are not always exact, e.g. you believed that a project would last 5 years, but due to a technological breakthrough it only lasts 4

In order to successfully apply this type of pricing strategy, a company must be able to achieve or exceed their sales goals.

If a company purchases equipment costing $4,500 on credit, the effect on the accounting equation would be: Multiple Choice Assets increase $4,500 and liabilities decrease $4,500. One asset increases $4,500 and another asset decreases $4,500. Equity decreases $4,500 and liabilities increase $4,500. Equity increases $4,500 and liabilities decrease $4,500. Assets increase $4,500 and liabilities increase $4,500.

Answers

Answer: Assets increase $4,500 and liabilities increase $4,500.

Explanation:

An asset are the properties which a business or an organization owns. An asset possess an economic value.

Since the equipment purchased is an asset, this will lead to an increase of assets by $4500 and since it was bought on credit and hasn't been paid for, liabilities will also increase by $4500.

Which of the following statements is most correct? Select one: a. Other things equal, the interest rate in an area with young population would likely be lower than that in an area with old population. b. If the Fed maintains a policy to expand money supply for several years, the entire yield curve will fall due to a higher expected future inflation. c. Short-term interest rates are less volatile than long-term interest rates because the Fed operates mainly in the long-term sector. d. Immediately after the Fed announces to expand the money supply, the long-term interest rate will drop while the short-term interest rates will raise due to a higher expected future inflation. e. An upward-sloping Treasury yield curve suggests that long-term interest rates are higher than short-term interest rates.

Answers

Answer: e. An upward-sloping Treasury yield curve suggests that long-term interest rates are higher than short-term interest rates.

Explanation:

The Yield curve is used to compare interest rates across different periods as it uses the yields of securities that have the same credit risk/ rating but different maturity periods.

A Treasury yield curve will therefore show treasury rates across different periods. If the yield curve is upward sloping, it means that long term rates are higher than short term rates because the curve starts by plotting short term rates and then moving long-term.

On December 31, 2020, Coolwear, Inc. had a balance in its prepaid insurance account of $59,400. During 2021, $97,000 was paid for insurance. At the end of 2021, after adjusting entries were recorded, the balance in the prepaid insurance account was $47,500. Insurance expense for 2021 was:

Answers

Answer:

$108,900

Explanation:

Opening balance in the prepaid insurance account = $59,400

Paid for insurance = $97,000

Balance in insurance account at the end = $47,500

Total amount paid ;

= Opening balance in the prepaid insurance account + paid for insurance

= $59,400 + $97,00

= $156,400

Insurance expense for 2021;

= Total amount paid - Balance at the end in the prepaid insurance account

= $156,400 - $47,500

= $108,900

Speicher sells sports shoes and formal shoes. Sports shoes sell for $110 each and cost $50 in variable expenses to make. Formal shoes sell for $220 and cost $100 in variable expenses to make. Speicher’s fixed expenses are $50,000. If 35% of his revenues are from sports shoes, what is Speicher’s weighted average contribution margin ratio? Provide your answer in decimal form (i.e. 65.2% = 0.652) and to three decimal places. Do not round intermediary calculations.

Answers

Answer:

weighted contribution margin ratio = 0.545

Explanation:

contribution margin of sport shoes = $110 - $50 = $60

contribution margin ratio of sport shoes = $60 / $110 = 0.545454

contribution margin of formal shoes = $220 - $100 = $120

contribution margin ratio of sport shoes = $120 / $220 = 0.545454

35% of total revenues come from sport shoes

weighted contribution margin ratio (it is the same for both products) = 0.545454 = 0.545

Crimson Inc. recorded credit sales of $797,000, of which $540,000 is not yet due, $170,000 is past due for up to 180 days, and $87,000 is past due for more than 180 days. Under the aging of receivables method, Crimson Inc. expects it will not collect 2% of the amount not yet due, 16% of the amount past due for up to 180 days, and 27% of the amount past due for more than 180 days. The allowance account had a debit balance of $3,800 before adjustment. After adjusting for bad debt expense, what is the ending balance of the allowance account

Answers

Answer:

$65,290

Explanation:

The computation of the ending balance of the allowance account is shown below:-

Bad Debts for accounts receivable not yet due is

= $540,000 × 0.02

= $10,800

Bad Debts for accounts receivable due for up-to 180 days:

= $170,000 × 0.16

= $27,200

Bad Debts for accounts receivable due for more than 180 days:

= $87,000 × 0.27

= $23,490

Ending balance of Allowance account:

= $3,800 + $10,800 + $27,200 + $23,490

= $65,290

A company distributes a product that sells for $50 per unit. Variable expenses are $10 per unit, and fixed expenses total $15,000 annually. Assume that the company sold 4,000 units last year. The sales manager is convinced that a 10% reduction in the selling price, combined with a $30,000 increase in advertising expenditures, would increase annual unit sales by 50%. If these changes were made, by how much would net operating income increase or decrease?

Answers

Answer:

Income will increase by $20,000.

Explanation:

First, we need to calculate the current income:

Current income= 4,000*(50 - 10) - 15,000= $145,000

Now, the new selling price, fixed costs, and sales in units:

Selling price= 50*0.9= $45

Fixed costs= $45,000

Sales= 4,000*1.5= 6,000

New income= 6,000*(45 - 10) - 45,000= $165,000

Difference= 165,000 - 145,000= 20,000

Income will increase by $20,000.

Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials purchases for the year. Prepare a cost of goods sold budget for Pasadena Candle Inc. using the information above. Assume the estimated inventories on January 1 for finished goods and work in process were $200,000 and $41,250, respectively and direct materials wax inventory of 16,000 pounds. Also assume the desired inventories on December 31 for finished goods and work in process were $120,000 and $28,500, respectively and direct materials wax inventory of 12,500 pounds. Factory overhead was budgeted at $300,000. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Answers

Answer:

$2,114,125

Explanation:

Firstly, we need to calculate direct materials purchased.

Direct materials purchased for the year = Candle wax [ 487,125 pounds × $1.24 per pound]

= $604,035

Also,

Direct labor cost budget for the year

= [ 785,000 candles × 6 minutes / 60 mins per hour × $18 per hour]

= $1,413,000

Therefore,

Costs of goods sold budget

Direct materials

Opening inventory on 1 January [16,000 pounds × $1.24 per pound] = $19,840

Add: purchases

$604,035

Less: closing inventory on 31 January [12,500 pounds × $1.24 per pound] = ($15,500)

Cost of direct materials in production = $608,375

Direct labor cost

$1,413,000

Fixed overheads cost

$300,000

Opening work in progress inventory on 1 January

$41,250

Less: closing work in progress inventory on 31, January

($28,500)

Total work in progress during the period

$12,750

Opening finished goods on 1 January

$200,000

Less closing finished goods

($120,000)

$80,000

Cost of goods sold = $608,375 + $1,413,000 + $300,000 - $80,000 - $12,750

= $2,114,125

Hunter is the founder and CEO of a Web site development firm. Clients are typically small to midsized companies that are seeking an offbeat, innovative approach to their online design, as well as functionality that offers customers surprising ways to interact with the site. What is the more appropriate style of leadership, given the type of work Hunter wants his Web site designers to do

Answers

Answer:

The right solution would be "Transformational ".

Explanation:

The required leadership style throughout this situation, considering the sort of job Hunter requires his application or website developers or designers to be doing, is Transformative.  The objective was to design or create an unexpected as well as creative approach is to develop or construct various websites.

On January 1, 2018, the general ledger of Big Blast Fireworks includes the following account balances:
Accounts Debit Credit
Cash $ 24,300
Accounts Receivable 42,500
Inventory 42,000
Land 79,600
Allowance for Uncollectible Accounts 2,700
Accounts Payable 29,200
Notes Payable (8%, due in 3 years) 42,000
Common Stock 68,000
Retained Earnings 46,500
Totals $ 188,400 $ 188,400
The $42,000 beginning balance of inventory consists of 420 units, each costing $100.
During January 2018, Big Blast Fireworks had the following inventory transactions:
January 3 Purchase 1,050 units for $115,500 on account ($110 each).
January 8 Purchase 1,150 units for $132,250 on account ($115 each).
January 12 Purchase 1,250 units for $150,000 on account ($120 each).
January 15 Return 160 of the units purchased on January 12 because of defects.
January 19 Sell 3,600 units on account for $576,000. The cost of the units sold is determined using a FIFO perpetual inventory system.
January 22 Receive $529,000 from customers on accounts receivable.
January 24 Pay $359,000 to inventory suppliers on accounts payable.
January 27 Write off accounts receivable as uncollectible, $2,100.
January 31 Pay cash for salaries during January, $110,000.
The following information is available on January 31, 2018.
a. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each.
b. At the end of January, $5,200 of accounts receivable are past due, and the company estimates that 30% of these accounts will not be collected.
c. Of the remaining accounts receivable, the company estimates that 5% will not be collected.
d. Accrued interest expense on notes payable for January.
1. Record adjusting entries on January 31 for the above transactions.
2. Interest is expected to be paid each December 31. Accrued income taxes at the end of January are $13,500.
3. Prepare an adjusted trial balance as of January 31, 2021.
4. Prepare a multiple-step income statement for the period ended January 31, 2021.
5. Prepare a classified balance sheet as of January 31, 2021.
6. Record closing entries.

Answers

Answer:

journal entries

January 3 Purchase 1,050 units for $115,500 on account ($110 each).

Dr Inventory 115,500

    Cr Accounts payable 115,500

January 8 Purchase 1,150 units for $132,250 on account ($115 each).

Dr Inventory 132,250

    Cr Accounts payable 132,250

January 12 Purchase 1,250 units for $150,000 on account ($120 each).  *110

Dr Inventory 150,000

    Cr Accounts payable 150,000

January 15 Return 160 of the units purchased on January 12 because of defects.

Dr Accounts payable 19,200

    Cr Inventory 19,200

January 19 Sell 3,600 units on account for $576,000. The cost of the units sold is determined using a FIFO perpetual inventory system.

Dr Accounts receivable 576,000

    Cr Sales revenue 576,000

Dr Cost of goods sold 407,350

    Cr Inventory 407,350

January 22 Receive $529,000 from customers on accounts receivable.

Dr Cash 529,000

    Cr Accounts receivable 529,000

January 24 Pay $359,000 to inventory suppliers on accounts payable.

Dr Accounts payable 359,000

    Cr Cash 359,000

January 27 Write off accounts receivable as uncollectible, $2,100.

Dr Bad debt expense 2,100

    Cr Allowance for uncollectible accounts 2,100

January 31 Pay cash for salaries during January, $110,000.

Dr Wages expense 110,000

    Cr Cash 110,000

adjusting entries

a. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each.

Dr Cost of goods sold [110 units x ($120 - $100)] 2,200

    Cr Inventory 2,200

b. At the end of January, $5,200 of accounts receivable are past due, and the company estimates that 30% of these accounts will not be collected.

Dr Bad debt expense 1,560

    Cr Allowance for uncollectible accounts 1,560

c. Of the remaining accounts receivable, the company estimates that 5% will not be collected.

Dr Bad debt expense 3,975

    Cr Allowance for uncollectible accounts 3,975

d. Accrued interest expense on notes payable for January.

Dr Interest expense 280

    Cr interest payable 280

Accrued income taxes at the end of January are $13,500.

Dr Income taxes expense 13,500

    Cr Income taxes payable 13,500

adjusted trial balance

                                                                  debit            credit

Cash                                                     $84,300

Accounts Receivable                          $89,500

Inventory                                              $11,000

Land                                                     $79,600

Allowance for Uncollectible Acc.                               $10,335

Accounts Payable                                                       $48,750

Interest payable                                                             $280

Income taxes payable                                                $13,500

Notes Payable                                                            $42,000

Common Stock                                                           $68,000

Retained Earnings                                                      $46,500

Sales revenue                                                          $576,000

Cost of goods sold                             $409,550

Wages expense                                   $110,000

Bad debt expense                                  $7,635

Interest expense                                       $280

Income taxes expense                         $13,500                            

Totals                                                  $805,365        $805,365

income statement

Sales revenue                                    $576,000

COGS                                                ($409,550)

Gross profit                                         $166,450

Operating expenses:

Wages expense $110,000Bad debt expense $7,635       ($117,635)

Operating profit (EBIT)                        $48,815

Interest expense                                    ($280)

Income taxes expense                     ($13,500)

Net income                                         $35,035

closing entries

Dr Sales revenue 576,000

    Cr Income summary 576,000

Dr Income summary 540,965

    Cr Cost of goods sold 409,550

    Cr Wages expense 110,000

    Cr Bad debt expense 7,635

    Cr Interest expense 280

    Cr Income taxes expense 13,500  

Dr Income summary 35,035

    Cr Retained earnings 35,035

balance sheet

Assets:

Current assets

Cash                                          $84,300

Accounts Receivable, net         $79,165

Inventory                                    $11,000

Total current assets                                    $174,465

Property, plant and equip.

Land                                         $79,600

Total P, P & E                                               $79,600

Total assets                                                                      $254,065

Liabilities:

Current liabilities

Accounts Payable                    $48,750

Interest payable                            $280

Income taxes payable              $13,500

Total current liabilities                                 $62,530

Long term liabilities:

Notes Payable                         $42,000

Total long term liabilities                            $42,000

Stockholders' equity:

Common Stock                       $68,000

Retained Earnings                    $81,535

Total stockholder's equity                         $149,535

Total liabilities + stockholders' equity                           $254,065

Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $107,000 in sales during the second quarter of this year. If it began the quarter with $18,700 of inventory at cost and purchased $72,700 of inventory during the quarter, its estimated ending inventory by the gross profit method is:

Answers

Answer:

$16,500

Explanation:

The computation of the estimated ending inventory is given below:

As  We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

So,

$107,000 - $107,000 × 30% = Cost of goods sold

Therefore, the cost of goods sold is

= $107,000 - $32,100

= $74,900

And, finally the ending inventory is

$74,900 = $18,700 + $72,700 - ending inventory

$74,900 = $91,400  - ending inventory

So, the ending inventory is

= $91,400 - $74,900

= $16,500

Midtown Holdings Inc. contracts to sell a commercial parking garage to Nuevo Property LLC. The contract provides that if Midtown does not close the deal by a certain date, it must pay the buyer one-half of the value of the property. This provision is not enforceable if it is

Answers

Answer:

A penalty clause.

Explanation:

As the word penalty implies, it's said to come back as a sort of punishment towards who faults during a breach towards a contract, it can come as a punishment or forfeiture of a said paper, property or something tangible. it's sometimes seen to heavily levy it defaulters in an exceedingly monetary aspect during a lot of cases. An example will be seen when parties to a construction contract may agree that, if one party fails to deliver materials on time specified the project is delayed, it'll pay a hard and fast sum of cash per day, until delivery is created. It will be beneficial to use liquidated damages clauses, for various reasons.

_______ refers to the gathering information and uncovering customer needs by using one or more questions.

a. Probing
b. Communication narrowing
c. Objection refutation
d. Question empathizing
e. Interrogative encoding

Answers

Answer:

a. Probing

Explanation:

Probing refers to the gathering of information and uncovering customer needs by using one or more questions.

This ultimately implies that, business owners and service providers through the help of customer relationship department are able to understand the various customer needs by asking pertinent questions. The main purpose of this strategic approach (probing) is to ensure businesses understand customer needs and are able to provide appropriate solutions in a timely manner.

Some examples of probing questions used by various businesses are;

Did you enjoy our service? How satisfied are you with this product?What would you recommend we add to our website?

Rufus Inc. and Hardy Company are negotiating a nontaxable exchange of business properties. Rufus’s property has a $50,000 tax basis and a $77,500 FMV. Hardy’s property has a $60,000 tax basis and a $90,000 FMV. Which party to the exchange must pay boot to make the exchange work? How much boot must be paid? Assuming the boot payment is made, how much gain or loss will Rufus realize and recognize on the exchange, and what tax basis will Rufus take in the property acquired? Assuming the boot payment is made, how much gain or loss will Hardy realize and recognize on the exchange and what tax basis will Hardy take in the property acquired?

Answers

Answer:

Which party to the exchange must pay boot to make the exchange work?

Rufus must pay boot since the FMV of its property is less than the FMV of Hardy's property.

How much boot must be paid?

$90,000 - $77,500 = $12,500

Assuming the boot payment is made, how much gain or loss will Rufus realize and recognize on the exchange, and what tax basis will Rufus take in the property acquired?

Rufus doesn't have any gain, and the tax basis for the new asset will be $50,000 + $12,500 = $62,500

Assuming the boot payment is made, how much gain or loss will Hardy realize and recognize on the exchange and what tax basis will Hardy take in the property acquired?

Since Hardy's property basis is $60,000 and it would be receiving $50,000 (Rufus's property) + $12,500 = $62,500, then it must recognize a $2,500 gain. The basis of Hardy's new property will be $62,500.

You invest 1,000 in a project today. the project will generate a cash flow of 3186 three years from now. if the interest rate is 3%, what is the net present value of the project?

Answers

Answer:

NPV= $1,915.64

Explanation:

Giving the following information:

Cash flow= $3,186

Number of periods= 3 years

Interest rate= 3%

Initial investment (Io)= $1,000

To calculate the net present value, we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

NPV= -1,000 + (3,186/1.03^3)

NPV= $1,915.64

Products should be specified by brand because: a. price levels of brand items are low b. the number of potential suppliers is restricted c. it is difficult to develop accurate specifications for an item d. all of the above e. a and b above.

Answers

Answer:

C. It is difficult to develop accurate specifications for an item.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Generally, these products are manufactured and distributed through different marketing channels to various wholesalers or retailers before it gets to the consumers or customers.

Hence, each product should be distinguished from another through its brand name in order to enhance easier identification by the customers.

Products should be specified by brand because it is difficult to develop accurate specifications for an item. Thus, when a supplier such as a retailer or wholesaler wishes to place an order to a manufacturer, he or she should specify the order by brand.

Which kind of monetary policy would you expect in response to high inflation:

a. Expansionary
b. Contractionary

Answers

Answer:

B. Contractionary Monetary Policy

Explanation:

According to Investopedia, inflation is a quantitative measure of the rate at which average price level of selected goods and services in an economy increases over a period of time which causes the purchasing power of the currency to fall.

One popular method of controlling high inflation is the Contractionary Monetary Policy. The aim of the contractionary monetary policy is to cut the supply of money within an economy by decreasing bond prices and increasing interest rates through the central bank.

When the Central Bank increases their interests rates, banks become forced to increase their rates as well which discourages consumers from borrowing and makes saving more attractive.

These help to cut down spending, causes prices of goods and services to drop and consequently causes inflation to slow down.

Which of the following is an example of an automatic stabilizer? Governments debate implementing tax cuts when the economy is in a recession. Spending on unemployment benefits falls when the economy enters a recession. Low-income households lose their food stamp benefits when unemployment rises. The amount of tax revenues collected rises when an economy is booming.

Answers

Answer:

D. The amount of tax revenues collected rises when an economy is booming.

Explanation:

Automatic stabilizers can be defined as changes in government spending or taxes and consequently, raises aggregate demand without the intervention of policy makers when an economy falls into recession.

In Economics, it is also referred to as built-in stability and this means that with given tax rates and expenditures policies such as fiscal and monetary policy; an increase in domestic income will reduce a budget deficit or produce a budget surplus, while a decline in income will result in a deficit or a lower budget surplus.

Hence, an automatic stabilizer is an economic system or policies that automatically shore up or strengthen the Gross Domestic Products (GDP) without specific government intervention for sustenance or creation of stability in the economic cycle of a country.

An example of an automatic stabilizer is the amount of tax revenues collected rises when an economy is booming. Also, personal and corporate income tax usually decline in the event of recession in a country because individuals and business owners or entities make less, thus leading to unemployment and an increase in social security funds or welfare.

B. Panuto: Isulat sa patlang kung ano ang tinutukoy sa pangungusap.
1. Ang tawag sa taong nagnenegosyo.
2. Ang panimulang salapi na ginagamit sa
pagnenegosyo.
3. Ang isang entrepreneur ay dapat magkaroon nito
upang ang produkto o serbisyo ay kumita ng
maganda
4. Alamin ang pagtatayuan ng negosyo.
5. Mahalaga ito upang maihatid at makilala ang
bagong produkto sa pamilihan.​

Answers

Explanation:

1.negosyante.

2.kapital.

3.ng sapat na kaalaman sa pang negosyo.

4.inquiry

5.flayears

Crispy Breakfast places a coupon in each box of its cereal product. Customers may send in five coupons and $3, and the company will send them a recipe book. Sufficient books were purchased at a cost of $5 each. A total of 500,000 boxes of product were sold in the current year. It was estimated that 4% of the coupons would be redeemed. During current year, 9,000 coupons were redeemed. What is Crispy's premium expense for 2013

Answers

Answer:

$8,000

Explanation:

premium expense = [(500,000 x 4%) / 5] x ($5 - $3) = 4,000 x $2 = $8,000

the journal entry to record this:

Dr Premium expense 8,000

    Cr Estimated premium claims outstanding 8,000

Since the customers must send 5 coupons + $3 in order to get the free recipe book, the actual cost per recipe book = $5 - $3 = $2 per book

in total, the company estimates that 20,000 coupons will be redeemed, but you need 5 coupons per book, so that mean that 4,000 recipe books are expected to be handed out.

Como podemos definir la Maquila.

Frente a la competencia en el mercado, cuales son los objetivos que persiguen las empresas multinacionales con la creación del sistema de maquilas en la producción de bienes?

Por qué la maquila se convierte en un factor que favorece la capacidad de competencia de las empresas multinacionales en el mercado.

Qué ventajas brinda el fenómeno maquilador a los consumidores finales de los bienes.

Cuales empresas salen perjudicadas en el mercado municipal, por la competencia de la maquila controlada por las multinacionales y las familias ricas de la economía nacional y Por Qué. ​

Answers

Answer:

Como podemos definir la Maquila.

Una maquila es una empresa manufacturera que importa materia prima sin aranceles de un país determinado, la transforma en producto terminado, y luego vende ese producto terminado en el país de donde importó la materia prima en primer lugar.

Frente a la competencia en el mercado, cuales son los objetivos que persiguen las empresas multinacionales con la creación del sistema de maquilas en la producción de bienes?

Las multinacionales persiguen abaratar costos con las maquilas. En un entorno competitivo, tener unos costos de producción más bajos es una de las mejores estrategias corporativas ya que esto genera precios más bajos.

Por qué la maquila se convierte en un factor que favorece la capacidad de competencia de las empresas multinacionales en el mercado.

Porque les permite producir bienes a precios más bajos.

Qué ventajas brinda el fenómeno maquilador a los consumidores finales de los bienes.

Los consumidores se benefician de poder comprar productos más baratos, lo que significa que su ingreso rinde más.

Cuales empresas salen perjudicadas en el mercado municipal, por la competencia de la maquila controlada por las multinacionales y las familias ricas de la economía nacional y Por Qué. ​

Las empresas que salen perjudicadas son aquellas que no pueden competir con los bajos costos y las economías de escala de las compañías multinacionales que tienen maquilas, y que por ésta razón, terminan ofreciendo productos más costosos, lo que repercute de forma negativa en su nivel de ventas.

You have just moved to San Diego, and in your new job you get $1000 a month in disposable income. Suppose you wish to purchase new Oakley sunglasses. Online, they cost $200. But, you hear a rumor that the same glasses can be bought in Tijuana for $20. However, it costs you $50 to make the trip to and from Tijuana. Suppose your utility is given by: Utility = ln(Y), where Y is your income after buying the sunglasses.

Required:
a. What is your utility if you buy them online?
b. What is your utility if you can get them in Tijuana?
c. The probability that the sunglasses can be purchased in Tijuana is p. At what probability are you indifferent between buying them online and checking out Tijuana?
d. At a probability of 0.6, if you doubt the rumor and think that in Tijuana the glasses actually will cost $60, will you buy them online or check out Tijuana?

Answers

Answer:

All requirements solved

Explanation:

Utility if you buy them online or if you can get them in Tijuana can be calculated as follows

Requirement a. Buy online  

Y=1000-200=800

U=ln(800)=2.90

Requirement b. Buy from Tijuana

Y=1000-20-50=930  

U=ln(930)=2.97

Requirement c.

p(1000-20-50)=(1-p)(1000-200)

930p=800-800p

p=0.46

Requirement d. expected income from buying in tijuana:

=0.6(1000-60-50)+0.4(1000-20-50)

=534+372

=906 > 800(income from buying online)

So buy from tijuana

Allowance for Doubtful Accounts, showed a credit balance of $950 on January 1, 2004. During the year, the company wrote off $3,200 of uncollectible accounts, and reinstated $1,300 of previously written off accounts. The Dec 31, 2004 balance of Accounts Receivable is $97,500, and 6% of outstanding accounts receivable are assumed to be uncollectible. What will be the company's Bad Debts Expense for 2004

Answers

Answer:

Bad debts expense = $6,800

Explanation:

Estimated bad debts =  $97,500 * 6%    

Estimated bad debts =  $5,850

                 Allowance for doubtful accounts  

Wrote off         $3,200      Opening  Balance  $950  

                                          Reinstated             $1,300

                                          Adjustment             $6,800

 

                                          Closing balance       $5,850

Bad debts expense = $6,800

Diego Corporation values its inventory at the lower of cost or net realizable value as required by IFRS. Diego has the following information regarding its inventory. Historical cost $100,000 Estimated selling price 98,000 Estimated costs to complete and sell 3,000 Replacement cost 90,000 What is the amount for inventory that Diego should report on the balance sheet under the lower of cost or net realizable value method

Answers

Answer:

$95,000

Explanation:

When a company reports its ending inventory at lower of cost or net realizable value (LCNRV), it must value its inventory at whichever is lower:

historical cost = $100,000net realizable value = selling price - estimated costs to complete and sell = $98,000 - $3,000 = $95,000

since $95,000 is lower, then the company will report its inventory at net realizable value.

What are the sources of brand equity?

Answers

Answer:

Ello, Imposter here

Explanation:

Brand equity is the commercial value that derives from consumer perception of the brand name of a particular product or service, rather than from the product or service itself.

hope this helps :P

Answer: According to Keller (2003) and his CBBE model, brand equity emerges from two sources namely brand awareness and brand image. According to this model, consumers build associations in their minds around a brand as the result of the marketing programs companies develop for their brands.

Explanation: None.

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