Answer:change in accounting estimate, with a prospective approach.
Explanation:
which of the following is a category of accounting change? multiple choice question. reporting entity reporting class entity classification liability classification
entity classification is a category of accounting change.
This is one of the categories of accounting change. Accounting change is the alteration of the use of accounting principles or the application of accounting principles from one accounting period to the next by a corporation, the method of presenting financial statements, or the time period included in financial statements.
The three types of accounting changes are a modification in accounting policy, correction of an accounting error, and modification in reporting entity. Assuming that the information presented in the question refers to accounting changes with respect to an entity, Entity classification is the category of accounting change.
Entity classification entails a modification in the scope of the entity included in the financial statements. For example, the consolidation of the accounts of a subsidiary into those of a parent corporation.
To know more about accounting changes click on below link:
https://brainly.com/question/30829267#
#SPJ11
what are at least 5 things you need to make sure you understand before selling your first item online to be compliant with regulations?
In order to be compliant with regulations when selling your first item online, it is important to understand the following five things: Taxes, Regulations, Shipping, return Policy and Privacy and data security.
1. Taxes: Depending on your location and the type of product being sold, there may be certain taxes that need to be collected and paid on the item. It is important to research and understand the applicable taxes in your area.
2. Regulations: Depending on the type of product being sold, there may be additional regulations and laws that need to be complied with. Make sure to research and understand all applicable regulations for the type of product you are selling.
3. Shipping: If you are shipping the item, make sure you understand all applicable shipping regulations, as well as any applicable fees or taxes. Additionally, make sure you understand the process of packaging and shipping the item.
4. Return Policy: Establish a clear return policy that is compliant with all applicable laws and regulations. This policy should include details on the process for customers to return the item, the timeline for processing the return, and any associated fees.
5. Privacy and Data Security: Ensure that you are protecting the privacy of your customers and that all data is secure. This includes following any applicable laws and regulations, as well as utilizing secure payment gateways and other data protection measures.
To know more about Regulation:
https://brainly.com/question/14528782
#SPJ11
the common stock of tasty treats is valued at $10.80 a share. the company increases its dividend by 8 percent annually and expects its next dividend to be $0.20 per share. what is the total rate of return on this stock?
The total rate of return on this stock is 9.9%.
How is the rate of return on shares determined?The following equation may be used to determine the return on investment: ROI = Net Profit / Cost of Investment * 100 The ROI will show you, as an investor, how profitable your investments are. The return on investment (ROI) reveals the profit from your mutual fund schemes if you invest your money in mutual funds.
To calculate the total rate of return on the stock, we need to consider both the dividend yield and the capital gains yield.
First, let's calculate the expected dividend yield:
Dividend yield = Annual dividend per share / Stock price per share
Dividend yield = ($0.20 x 1.08) / $10.80 = 0.019 or 1.9%
Next, let's calculate the expected capital gains yield:
Capital gains yield = [(Expected future stock price - Current stock price) / Current stock price]
Capital gains yield = [(1.08 x $10.80) - $10.80] / $10.80 = 8%
Finally, we can calculate the total rate of return as the sum of the dividend yield and the capital gains yield:
Total rate of return = Dividend yield + Capital gains yield
Total rate of return = 1.9% + 8% = 9.9%
To know more about stock visit:-
https://brainly.com/question/29992015
#SPJ1
what is the eventual effect on real gdp if the government increases its purchases of goods and services by $75,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $75,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in
If the government increases its purchases of goods and services by $75,000, with the marginal propensity to consume (MPC) at 0.75, then the eventual effect on real GDP can be calculated as follows:
The government increases purchases of goods and services by $75,000
Multiplier = 1/ (1-MPC) = 1/ (1-0.75) = 1/ 0.25 = 4
Change in real GDP = Multiplier * change in government spending= 4 * $75,000 = $300,000
The eventual effect on real GDP is if the government instead of changing its spending increases transfers by $75,000, and assumes the MPC has not changed. The change in real GDP can be calculated as follows:
Multiplier = 1/ (1-MPC) = 1/ (1-0.75) = 1/ 0.25 = 4
Change in real GDP = Multiplier * change in transfer payments= 4 * $75,000 = $300,000
An increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in a change in aggregate demand, but not in the same proportion as changes in government spending. An increase in transfer payments will increase disposable income and consumption spending, but will only increase investment spending indirectly, which will lead to a lower eventual effect on real GDP compared to changes in government spending.
learn more about the Eventual effect on real GDP here:
https://brainly.com/question/13374610
#SPJ11
how does advice to clients from lawyers differ from advice given clients by public relations practitioners?
The advice given to clients by lawyers and public relations practitioners differs in a few key ways. Lawyers provide legal advice and recommendations based on their understanding of the law, while public relations practitioners provide advice on how to protect and enhance a client's reputation.
Lawyers will explain the potential legal ramifications of a decision or action, while public relations practitioners will explain the potential public opinion repercussions.
A lawyer will use their legal knowledge and experience to help their clients avoid legal consequences, while a public relations practitioner will use their understanding of the public and media to help protect and enhance the client's reputation.
A lawyer will advise clients on how to navigate legal matters, such as how to comply with a court order, how to draft contracts, and how to handle conflicts between parties.
On the other hand, public relations practitioners will advise clients on how to interact with the public, handle press inquiries, and promote the client's message. Public relations practitioners may also advise clients on what they can do to maintain a good public image.
Overall, the advice given to clients by lawyers and public relations practitioners differs in the scope and type of advice provided. Lawyers advise on legal matters, while public relations practitioners advise on public opinion and how to maintain a good public image.
To learn more about legal advice here:
https://brainly.com/question/28532941#
#SPJ11
knowledge check 01 which of the following statements about pension plans are true? (select all that apply.) check all that apply employees covered by defined contribution pension plans choose where funds are invested. employees covered by defined contribution pension plans choose where funds are invested. the retirement pay of employees covered by defined benefit pension plans depends on the size of the fund at retirement. the retirement pay of employees covered by defined benefit pension plans depends on the size of the fund at retirement. employers who offer defined benefit pension plans are responsible for ensuring that sufficient funds are available to provide promised benefits. employers who offer defined benefit pension plans are responsible for ensuring that sufficient funds are available to provide promised benefits. defined contribution pension plans promise fixed retirement benefits defined by a designated formula.
The two main types of pension plans are defined contribution plans and defined benefit plans. Both types of pension plans have different features and responsibilities for employers and employees.
Defined contribution pension plans allow employees to choose where their funds are invested. The employees' retirement pay is based on the amount of contributions made to their pension account and the growth of their investments.
Employers do not have any responsibility for ensuring that the employees have sufficient funds for retirement.
Defined benefit pension plans provide fixed retirement benefits defined by a designated formula. The retirement pay of employees is based on the size of the fund at retirement, and the employers are responsible for ensuring that sufficient funds are available to provide the promised benefits.
In summary, employees covered by defined contribution pension plans choose where funds are invested, while employees covered by defined benefit pension plans receive retirement pay based on the size of the fund at retirement.
Employers who offer defined benefit pension plans are responsible for ensuring that sufficient funds are available to provide promised benefits.
To know more about pension plans, refer here:
https://brainly.com/question/29995206#
#SPJ11
an alternating period of economic contraction and economic expansion measured over time with real gdp is known as the: answer unselected great depression. unselected business cycle. unselected circular flow model.
The alternating period of economic contraction and economic expansion measured over time with real GDP is known as the business cycle.
The business cycle is a pattern of alternating economic expansion and contraction. During periods of economic expansion, the economy experiences increased consumer spending, increased production and increased investments. During periods of contraction, consumer spending, production and investments decrease.
The business cycle is measured by Real Gross Domestic Product (GDP). Real GDP takes into account the effects of inflation, so it can measure the actual growth of the economy. When Real GDP increases over a period of time, it indicates economic expansion, and when Real GDP decreases over a period of time, it indicates economic contraction.
The business cycle is not the same as the Great Depression. The Great Depression was a period of prolonged economic contraction that began in 1929 and lasted until the end of the 1930s. It was caused by a combination of factors such as a stock market crash, a banking crisis, over-production of goods, drought and high levels of consumer debt.
Therefore, the correct answer would be business cycle.
To know more about economic contraction, refer here:
https://brainly.com/question/1241657#
#SPJ11
what is the best approach for the team to keep the stakeholders continuously updated on the work status?
The best approach for a team to keep stakeholders continuously updated on the work status is by employing effective communication strategies.
The stakeholders can be employees, clients, suppliers, shareholders, or any other parties that have a vested interest in the work the team is doing. Effective communication is critical to ensure that the stakeholders are aware of the progress made by the team in the project execution. The following are the best approaches that a team can employ to keep the stakeholders continuously updated on the work status.
Hold regular meetings- Regular meetings between the team and stakeholders are essential to provide updates on the progress of the project. This approach allows the team to provide feedback on any issues and receive feedback on the progress made on the project. The meetings should be scheduled at intervals agreed upon by the team and stakeholders.
Employ technology- Technology can be used to update stakeholders on the progress made in the project. The team can use social media, email, or other communication platforms to update stakeholders on the progress made on the project. These platforms enable the team to provide real-time updates to stakeholders.
Be transparent-Transparency is essential in maintaining a healthy working relationship between the team and stakeholders. Being open and honest with stakeholders about the progress made in the project can help to build trust between the parties. It is essential to communicate both the successes and failures of the project.
Provide status reports-The team can provide regular status reports to stakeholders to update them on the progress made in the project. The reports should be detailed and provide information on the progress of the project. The reports should include key performance indicators, project timelines, and other metrics that help stakeholders understand the progress made by the team. In conclusion, the best approach for a team to keep stakeholders continuously updated on the work status is to employ effective communication strategies. The approaches discussed above are critical in ensuring that stakeholders are aware of the progress made by the team in project execution.
For more such questions on Communication strategies
https://brainly.com/question/4480606
#SPJ11
what is the most likely course of action that an auditor would take after determining that performing substantive tests on inventory will take less time than performing tests of controls?
The most likely course of action that an auditor would take after determining that performing substantive tests on inventory will take less time than performing tests of controls is to perform the substantive tests on inventory.
Substantive tests on inventory involve examining evidence directly related to inventory balances, such as evidence of physical counts, documents related to acquisitions, and records related to shipments and sales.
These tests are necessary in order to determine the accuracy of the financial statement assertions related to inventory.
To know more about substantive tests, refer here:
https://brainly.com/question/29039364#
#SPJ11
when a purchasing manager knows roughly what is needed but can't describe it exactly, or when the purchasing arrangement may change as the job progresses, then buying is likely to be by
When a purchasing manager knows roughly what is needed but can't describe it exactly, or when the purchasing arrangement may change as the job progresses, then buying is likely to be by negotiation.
Negotiation is a process of bargaining with the supplier to agree on the terms of purchase. It involves setting the objectives, identifying criteria for success, researching and preparing for the negotiations, and having open and candid communication with the supplier.
Negotiation is often used when the exact details of a purchase can't be known in advance, or when it may be desirable to change the arrangements over time.
To know more about negotiation, click on the link below:
https://brainly.com/question/28461798#
#SPJ11
which point on the leadership grid has proven to consistently be the best form of leadership? group of answer choices authority compliance country club middle-of-the-road team behaviors there is no best style
Team Management leadership style has proven to be the best form of leadership. In this style, the leader values both people and productivity equally. Leaders who use this style are successful because they use teamwork to achieve high levels of productivity and good working relationships.
According to the leadership grid, which point has proven to be the best form of leadership?
The leadership grid developed by Blake and Mouton has five basic styles of leadership. A clear picture of the leader's leadership style can be formed from the position on the grid where the two axes meet. The best form of leadership based on the leadership grid has proven to be the 9,9 point on the grid, which is known as the Team Management leadership style. This leadership style, according to Blake and Mouton, is the most successful and effective one.
What is the leadership grid?
The leadership grid was created by Blake and Mouton to assess a leader's style. The vertical axis represents a manager's concern for production or results, whereas the horizontal axis represents their concern for people. The grid has five fundamental styles, which are as follows: Authority-Compliance, Country Club, Middle-of-the-Road, Impoverished, and Team Management.
The Authority-Compliance leadership style places a greater emphasis on productivity and a lesser emphasis on people. Leaders are often referred to as task masters, and their approach is based on formal authority. The Country Club style of leadership puts a higher value on the people and relationships than on the task. As a result, productivity suffers. The Middle-of-the-Road style of leadership aims to achieve a balance between productivity and people.
For more about leadership:
https://brainly.com/question/30545607
#SPJ11
what is the future value (in $) of cash flows 1-3 at the end of year 3, assuming a 5% interest rate (compounded annually)? end of year cash flow 1 $515 2 890 3 745
The future value (in $) of cash flows 1-3 at the end of year 3, assuming a 5% interest rate (compounded annually) is $2,314.
At the end of year 3 future value
= [tex]CF1 * (1+I)^2 + CF2 * (1 + I)^1 + CF3 * (1 + I)^0\\[/tex]
[tex]= 500 * (1+6)^{2} + 870 * (1+6)^1 + 830 * (1+6)^0[/tex]
= 2314
An interest rate is the amount of interest due in keeping with length, as a percentage of the amount lent, deposited, or borrowed (known as the primary sum). the entire hobby on an amount lent or borrowed depends at the major sum, the hobby fee, the compounding frequency, and the period of time over which it is lent, deposited, or borrowed.
The interest fee has been characterised as "an index of the preference for a dollar of gift [income] over a dollar of future profits." The borrower needs, or wishes, to have cash quicker in place of later, and is willing to pay a charge—the hobby fee—for that privilege. The once a year hobby price is the price over a period of twelve months. other hobby costs observe over special periods, consisting of a month or an afternoon, but they're normally annualized.
To learn more about Interest rate visit here:
brainly.com/question/15691955
#SPJ4
Complete Question: -
What is the future value (in $) of cash flows 1-3 at the end of year 3, assuming a 6% interest rate (compounded annually)?
End of year Cash flow
1 $500
2 870
3 830
4 3,500
5 1,250
6 4,530
7 2,350
one manufacturing region is a source of petroleum, natural gas, and hydroelectric power. which one is it?
It is difficult to determine which manufacturing region is a source of petroleum, natural gas, and hydroelectric power based on the limited information provided. However, some regions in the world are known for their abundant natural resources, which are commonly used in manufacturing.
For example, the Middle East is a major source of petroleum and natural gas, which are widely used as energy sources in the manufacturing industry. Countries such as Saudi Arabia, Iran, and Iraq have large oil reserves and are major exporters of crude oil to other countries.
In addition, some countries in the Middle East, such as Qatar and the United Arab Emirates, have invested heavily in natural gas production and have become major players in the global natural gas market.
Another region known for its abundant natural resources is South America. Countries such as Venezuela and Brazil have large oil reserves and are major producers of crude oil. Brazil is also a major producer of hydroelectric power, which is used to generate electricity for manufacturing and other industries.
Canada is another country that has significant natural resources, including petroleum, natural gas, and hydroelectric power. The country is one of the largest producers of oil and natural gas in the world and has vast hydroelectric potential, particularly in the province of Quebec.
In summary, there are several manufacturing regions in the world that are sources of petroleum, natural gas, and hydroelectric power. It is difficult to determine which specific region is being referred to without additional information, but some of the major players in this space include the Middle East, South America, and Canada.
For more details about resources click here:
https://brainly.com/question/14787713#
#SPJ11
company a has a current ratio greater than 1. if company a buys inventory on account - which will increase inventory and accounts payable - what is the impact to the current ratio? the current ratio will increase the current ratio will decrease not enough information available to answer this question no change to the current ratio
The correct answer to the question is that the current ratio will decrease.
When Company A purchases inventory on account, which increases inventory and accounts payable, the impact on the current ratio is that the current ratio will decrease. The current ratio is a financial ratio that measures a company's ability to pay its short-term obligations. It is calculated by dividing current assets by current liabilities. If the current ratio is greater than 1, it indicates that the company has enough current assets to cover its current liabilities. However, if the company purchases inventory on account, it will increase both inventory and accounts payable. Inventory is a current asset, and accounts payable is a current liability. This means that the increase in inventory will be offset by the increase in accounts payable. Since the current liabilities will increase due to the increase in accounts payable, the current ratio will decrease. Therefore, the correct answer to the question is that the current ratio will decrease.
To know more about Current Ratio:
https://brainly.com/question/30932604
#SPJ11
what term is used to describe losses shareholders experience because the interests of managers are not aligned with their own?
The term used to describe losses shareholders experience because the interests of managers are not aligned with their own is "agency costs."
Agency costs arise when managers prioritize their own interests over those of the shareholders. This can result in actions that reduce the value of the company and decrease shareholder returns. Examples of such actions could include excessive executive compensation, empire-building, and poor investment decisions.
Shareholders entrust their capital to the managers to make decisions that will maximize their returns, but if the managers act in their own interests instead, it can lead to agency costs. Shareholders may also incur costs in the form of monitoring and oversight to ensure that managers are acting in their best interests.
In order to minimize agency costs, companies may implement various governance mechanisms, such as the board of director oversight, executive compensation structures tied to performance, and shareholder engagement initiatives.
Learn more about investment here:-
https://brainly.com/question/29547577
#SPJ11
on the cash budget, what is subtracted from total cash available to find the cash excess or deficiency?
On the cash budget, what is subtracted from total cash available to find the cash excess or deficiency the cash payments are subtracted from the cash receipts to determine the amount of cash remaining. A cash budget is a financial management tool that projects cash inflows and outflows over a specific period.
The cash budget outlines the amount of cash available, how much cash will be used, and the amount of cash that will remain at the end of a specific period. Cash receipts are money received by a company from its operations, investments, or financing activities.
The cash payments are the payments that are made by a company, including the cost of goods sold, employee salaries and wages, rent, utilities, and other expenses. A cash excess occurs when the company has more cash than it needs to meet its obligations, whereas a cash deficiency occurs when a company does not have enough cash to meet its obligations.
A cash budget helps a company to plan its cash flows and ensure that it has enough cash to meet its obligations. To calculate the cash excess or deficiency, the following formula is used:
Cash excess or deficiency = Total cash receipts - Total cash payments If the result is positive, it is called a cash excess, whereas if it is negative, it is called a cash deficiency.
A cash excess means that the company has more cash than it needs to meet its obligations and may choose to invest the extra cash or use it to pay off debt. A cash deficiency means that the company does not have enough cash to meet its obligations and may have to borrow money or sell assets to raise cash.
Therefore, a cash budget is an essential tool for financial planning and helps a company to manage its cash flows effectively.
To learn more about cash budget here:
https://brainly.com/question/8707644#
#SPJ11
pinnacle fund had year-end assets of $825,000,000 and liabilities of $25,000,000. if pinnacle's nav was $32.18, how many shares must have been held in the fund? question 40 options: 21,619,346.92 22,930,546.28 24,860,161.59 25,693,645.25
If Pinnacle's nav was $32.18 then there must have been 24,860,161.59 shares held in the fund.
How many shares should a shareholder own?If you decide to choose individual stocks, you should make sure you have a sufficient number of them in your portfolio so that your wealth is not overly concentrated on any one business or sector. Unless your portfolio is really tiny, this usually involves holding between 20 and 30 equities.
By deducting assets from liabilities, we can calculate equity:
825,000,000 - 25,000,000 = 800,000,000
The shares outstanding are obtained by dividing this by the value per share as follows:
800,000,000 / 32.18 = 24,860,161.59
To know more about shares visit:-
https://brainly.com/question/14840221
#SPJ1
a transaction in which a government receives resources without directly giving equal value in exchange is known as a(n)
"A transaction in which a government receives resources without directly giving equal value in exchange is known as a Non-exchange transaction."
A non-exchange transaction refers to a situation where a government receives resources, such as grants or donations, without providing equal value in exchange. Unlike exchange transactions, where both parties receive benefits, non-exchange transactions are one-sided and involve the government acting as a recipient of resources.
Examples of non-exchange transactions include taxes, grants from other governments, and donations from private entities. These transactions are usually motivated by public interest or social welfare, and they enable governments to provide public goods and services that benefit society as a whole.
This question should be provided with answer choices:
A) Equity Transaction.B) Fair Exchange.C) Non-exchange Transaction.D) Not Fair Market Exchange transaction.Learn more about non-exchange transaction https://brainly.com/question/14602305
#SPJ11
an excise tax on apples... a. leads sellers to supply less apples at every price. b. leads buyers to demand more apples at every price. c. leads sellers to supply more apples at every price. d. causes the supply curve to shift to the right.
The correct answer is A. An excise tax on apples leads sellers to supply less apples at every price.
An excise tax is a specific type of tax applied to the production or sale of a particular good, in this case apples. An excise tax increases the cost to produce or purchase a good, which leads to a decrease in supply.
When a tax is imposed on a good, the supply curve shifts to the left. This shift in the supply curve means that the quantity supplied of the good decreases at each price point. This shift in the supply curve also leads to an increase in the equilibrium price, as the quantity demanded at the original equilibrium price is now greater than the new quantity supplied. In conclusion, an excise tax on apples leads sellers to supply less apples at every price, as the shift in the supply curve reduces the quantity supplied at each price point. This shift in the supply curve causes the equilibrium price to increase.
So, The correct answer is A.
for more such questions on production
https://brainly.com/question/7924898
#SPJ11
which of the following items are included in cash? (select all that apply.) multiple select question. notes receivable from customers currency and coins balance in checking accounts checks from customers accounts receivable from customers
Cash refers to physical currency, coins, and other negotiable instruments that are readily available and accessible for use in transactions.
This can include paper money, coins, checks, money orders, and bank account balances that can be easily accessed and withdrawn as needed. Cash is an important component of an individual or organization's assets, and it is typically used to pay for goods and services, make investments, or fund day-to-day operations. In accounting, cash is classified as a current asset and is recorded on a company's balance sheet as a component of its total assets.
The items that are included in cash are:
Currency and coinsBalance in checking accountsChecks from customersNotes receivable from customers and accounts receivable from customers are not considered cash, as they are not actual cash on hand or in a bank account. They are considered accounts receivable, which is a type of asset.
To know more about cash here
https://brainly.com/question/735261
#SPJ1
a process has a yield of 50 percent. how many units are needed as inflow to create an outflow of 40 units per day?
To determine the number of units needed as inflow to create an outflow of 40 units per day, we must first calculate the daily outflow rate.
With a yield of 50%, the daily outflow rate would be 80 units (40 units / 50% = 80 units).
Thus, the inflow rate would need to be 80 units per day to create an outflow of 40 units per day.
To know more about outflow rate, refer here:
https://brainly.com/question/30905854#
#SPJ11
when trading otc securities the difference between an all-or-nothing order versus a fill or kill order is
An All-or-Nothing Order is an order to buy or sell a security that must be filled in its entirety or not at all.
A Fill or Kill Order is an order to buy or sell a security that must be executed immediately and completely or not at all. The main difference between the two orders is that the All-or-Nothing Order allows for partial fills, while the Fill or Kill Order does not.
The All-or-Nothing Order is used to ensure that the investor is buying or selling the desired quantity of the security at the desired price.
The Fill or Kill Order, however, is used to ensure that the entire order is filled quickly and at the desired price. If the order cannot be filled immediately and at the desired price, it will be cancelled. This can be beneficial in fast-moving markets where prices can fluctuate rapidly.
To know more about investor click on below link:
https://brainly.com/question/28538187#
#SPJ11
Which of the following combinations results in the greatest decrease in sample size in an attribute sample for a test of controls?Desired confidence level:Tolerable deviation rate:Expected population deviation rate:
The combination that results in the greatest decrease in sample size for an attribute sample in a test of controls is: high desired confidence level, low tolerable deviation rate, and low expected population deviation rate.
In an attribute sampling for a test of controls, the sample size is influenced by three factors: desired confidence level, tolerable deviation rate, and expected population deviation rate.
A high desired confidence level means that you want to be more certain about your conclusions, which usually requires a larger sample size. However, a low tolerable deviation rate indicates that you are less willing to accept deviations, which leads to a smaller sample size.
Similarly, a low expected population deviation rate suggests that deviations are rare in the population, so you would need a smaller sample size to find them. When you combine these factors, the result is the greatest decrease in sample size.
To know more about deviation rate click on below link:
https://brainly.com/question/29557837#
#SPJ11
a cross-functional team has been formed to come up with ways to improve communication among departments. team members are now taking part in a brainstorming session. they are in what stage of the project?
The team is in the ideation stage of the project, which involves gathering ideas and forming solutions.
The ideation stage is typically the first stage of a project and involves gathering ideas and forming potential solutions. During this stage, the team may brainstorm, research, and discuss various ideas and approaches to address the problem or opportunity at hand.
The goal is to generate a range of possibilities and explore different avenues for solving the problem.
Learn more about forming solutions at: https://brainly.com/question/24741
#SPJ11
at the beginning of 2017, ez tech company's accounts receivable balance was $239,000, and the balance in allowance for doubtful accounts was $4,050. ez tech's sales in 2017 were $1,790,000, 90% of which were on credit. collections on account during the year were $1,150,000. the company wrote off $7,000 of uncollectible accounts during the year. required: question content area 1. identify and analyze the sales during 2017
At the beginning of 2017, Ez Tech Company's Accounts Receivable balance was $239,000, and the balance in Allowance for Doubtful Accounts was $4,050.
In 2017, Ez Tech had total sales of $1,790,000, 90% of which were on credit. Collections on account during the year were $1,150,000, and the company wrote off $7,000 of uncollectible accounts.
Accounts receivable (AR) are the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivable are listed on the balance sheet as a current asset. Any amount of money owed by customers for purchases made on credit is AR.
The total sales during 2017 were $1,790,000, with 90% of that amount ($1,611,000) being on credit. The remaining 10% was paid in cash.
to know more about Doubtful Accounts refer here
https://brainly.com/question/29892759#
#SPJ11
family business consultants typically advise parents to a. let a child work outside the family business, for a time at least, to prove he or she can make it without help from the family. b. introduce children to the family business at a later age. c. never bring siblings into the family business as this will more than likely create competition and conflict. d. subtly, rather than openly, push a child toward a career in the family business.
Instead of forcing their children into company right once, family business experts typically urge parents to let their children work outside the family firm to demonstrate their abilities.
What distinguishes a family business from other types of businesses?While business is realistic, aggressive, and speculative in nature, family is emotional, protective, and secure. When an entrepreneur starts a firm, he devotes all of his energy to it, and it becomes an extension of him. The border separating his personal assets from his corporate assets is quite thin.
What one of the following describes a family business?According to Shankar and Astrachan (1996), a family firm may be identified by its ownership percentage, voting control, influence over strategic choices, involvement of many generations, and active management of family members.
To know more about business experts visit:-
https://brainly.com/question/31140904
#SPJ1
when converse lets customers create and order shoes with custom color combinations from their website, this is an example of . multiple choice micromarketing. concentrated targeting. differentiated targeting. psychographic segmentation. undifferentiated targeting.
Differentiated targeting is an example of when Converse lets customers create and order shoes with custom color combinations from their website.
Differentiated targeting involves identifying customers who have different needs and wants, and tailoring products, services, and marketing campaigns to each customer segment. This type of targeting allows companies to address specific segments of the market more efficiently, rather than using a broad-based approach.
By allowing customers to customize their shoe color combinations, Converse is engaging in differentiated targeting, where customers have the ability to select the product features that best meet their preferences. This allows Converse to better target individual customer segments and make their products more attractive to them. In this way, Converse can maximize their return on investment from their marketing campaigns.
In conclusion, differentiated targeting is when companies like Converse target individual customer segments with specific product features, services, or marketing campaigns. This type of targeting allows companies to address the needs and wants of their customers more efficiently and effectively.
For more such questions on Targeting.
https://brainly.com/question/13363009#
#SPJ11
Which method below may be used to file project documentation in a consistent manner?
Require the files to use the same naming convention for every project.
Require the same number of files to be stored for every project.
Require copies of files to be given to each stakeholder.
Require project sponsor to sign off on each file stored for every project.
To file project documentation in a consistent manner, you may use the method of requiring the files to use the same naming convention for every project. The correct answer is option A.
A naming convention is a collection of rules that specify how files should be named in a file system. A naming convention specifies the allowed characters, length, and format of the file name. It may also specify how folders should be named and organized within a file system.This ensures that all documentation is easily identifiable and organized, making it more efficient for stakeholders to access and understand the project's progress.A consistent naming convention ensures that files are labeled in a meaningful way, making it easier for stakeholders to identify and access relevant documents. It also ensures that files are organized in a logical manner, making it easier to manage and retrieve project documentation. Consistency in naming conventions is essential for efficient project management.Learn more about naming convention: https://brainly.com/question/29638342
#SPJ11
a bond has a par value of $1,000, a current yield of 8.03 percent, and semiannual coupon payments. the bond is quoted at 102.73. what is the coupon rate of the bond?
A bond has a par value of $1,000, a current yield of 8.03 percent, and semiannual coupon payments. The bond is quoted at 102.73. The coupon rate of the bond is 4.09%.
What is the coupon rate of the bond?
The coupon rate is the fixed interest rate that is paid semi-annually by the issuer to the bondholders on the par value of the bond. It is given in the bond certificate, and it is a proportion of the nominal value. The coupon rate is required to calculate the coupon payment, which is a fixed payment that the bond issuer pays to the bondholder until the bond reaches maturity.
Solution:
Let us use the formula of the bond which is given as: Bond price = (Coupon payment * (1 - (1 / (1 + r) ^ n))) / r + F / (1 + r) ^ n Where F is the face value, r is the required rate of return, n is the number of years to maturity, and the Coupon payment is the sum of interest payments on the bond, given as: Coupon payment = (Coupon rate * F) / m
Here, F = $1,000 and m = 2 since there are semiannual coupon payments. Then we have:102.73 = (Coupon payment * (1 - (1 / (1 + 0.04015) ^ 20) / 0.04015 + 1,000 / (1 + 0.04015) ^ 20Where r = 8.03% / 2 = 0.04015Substituting for Coupon payment, we get:102.73 = ((Coupon rate * 1,000) / 2 * (1 - (1 / (1 + 0.04015) ^ 20) / 0.04015 + 1,000 / (1 + 0.04015) ^ 20Multiplying both sides by 0.04015, we get:102.73 * 0.04015 = (Coupon rate * 1,000 / 2 * (1 - (1 / (1 + 0.04015) ^ 20))) + 1,000 / (1 + 0.04015) ^ 20
Simplifying, we get:4.133 = (Coupon rate * 1,000 / 2 * (1 - (1 / (1.04015) ^ 20))) + 1,000 / (1.04015) ^ 20Coupon rate * (1 - (1 / (1.04015) ^ 20))) = (4.133 - 1000 / (1.04015) ^ 20) * 2 / 1000Multiplying both sides by 1000 / 2 and simplifying, we get: Coupon rate * (1 - (1 / (1.04015) ^ 20))) = 0.00826604Coupon rate = 0.00826604 / (1 - (1 / (1.04015) ^ 20)
Coupon rate = 4.09% Therefore, the coupon rate of the bond is 4.09%.
To know more about coupon rate refer here :
https://brainly.com/question/16913107#
#SPJ11
true or false: it is mandatory for the actual use of a trademark to occur after the patent and trademark office (pto) registers the mark.
Answer:
No.
explanation:
You are not required to use a trademark symbol every time you use a trademark. Instead, you can usually focus on using the symbol the first time the mark appears, in the most prominent place the mark is used (e.g., in a heading), or both.