High-contact services demand more customization and more prices. It is a trait of services with a high level of contact. Services with High Contact High contact service involves interactions between clients and the company during service delivery.
The strategy you choose to providing customer service can have a significant impact on the success of your company. Although there are many ways to manage customer service delivery, the two main approaches are high-contact services and low-contact services.
Longer conversation times, better communication understanding, and richer information exchange are traits of a high-contact environment of services. The customer is physically and visibly exposed to the service provider.
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a company currently has sales of $700,000 and a contribution margin ratio of 45%. as a result of increasing advertising expense by $8,000, the company expects to increase sales to $735,000. if this is done and these results occur, net operating income will blank . multiple choice question. increase by $7,750 increase by $15,750 decrease by $12,250 decrease by $8,000
If this is done and these results occur, net operating income will increase by $7750.
Net operating income using this formula
Net operating income=(Expected Increase in sales-Current sales× Ratio-Advertising expenses)
Net operating income = $735,000 - ($700,000 x 45%) - $8,000
Net operating income= $7,750 increase
Therefore, net operating income will increase by $7750.
What is net operating income?A technique used by real estate professionals to swiftly determine the profitability of a certain investment is called net operating income, or NOI. Following the deduction of necessary operational expenses, NOI calculates the revenue and profitability of invested real estate property.
Since EBIT covers non-operating income, non-operating expenses, and other income, it stands out from operating income as the primary distinction. Since EBIT displays a company's net income less the cost of interest on debt and tax charges, it is frequently used as a substitute for net income.
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what is true for consumers when they choose how much to consume of a good? a. as the quantity consumed of a product rises, total utility rises, but marginal utility falls. b. as the quantity consumed of a product rises total utility falls, but marginal utility rises. c. as the quantity consumed of a product rises marginal utility rises. d. as the quantity consumed rises, total utility falls.
The correct answer will be (a), as the quantity consumed of a product rises, total utility rises, but marginal utility falls.
The additional pleasure a consumer experiences from obtaining one additional unit of a good of an item or service is known as marginal utility. Economists employ the idea of marginal utility to predict the amount of something that customers will purchase.
When the total utility is enhanced by the intake of an additional item, positive marginal utility occurs. On the other side, negative marginal utility occurs whenever the overall utility is decreased by the consumption of one additional unit. Whenever the unit consumed by consumers rises, total utility rises whereas marginal utility falls.
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a small employer must have atleast 2 but no more than 50 workers activelt engaged in buisness for at least how many of the working days during the preceding calander quarter?
A person, firm, corporation, partnership, or organization is considered a "small employer" if it is actively conducting business and employed no more than 50 qualified workers, the majority of whom were based in this State, on at least 50% of its working days during the preceding calendar quarter.
Describe small employers.1 to 100 employees, the majority of whom were employed within this state, on at least 50% of its working days during the preceding quarter or prior calendar year. 1357.500(k) of the California Health & Safety Code (2018). Full Time Equivalent (FTE), as well as California Health & Safety Code Section 1357.500 (c) (2018).A Look At The Affordable Care Act : Only small firms, often those with fewer than 50 full-time employees, including full-time equivalent employees, are subject to some terms of the Affordable Care Act, or health care law.If you have at least one but no more than 100 eligible employees and satisfy certain contribution and participation conditions, you may be eligible for Covered California for Small Businesses.A small business is defined as a corporation, partnership, or sole proprietorship that is privately held, has fewer employees than a corporation or regular-sized business, and generates less revenue annually. Small businesses might be corporations, partnerships, or sole proprietorships.To Learn more About small employer refer to:
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a county has an external investment pool for cities in the county to invest excess resources. the city makes a distribution to participants in the pool-that is, the cities that have invested in the pool-in the amount of $20,000. which account should be debited when the cash distribution is made
If a county has a separate investment pool where surplus funds from the county's cities might be put, the investment in the pool-cities account should be deducted when the cash distribution is made.
Using investment pools, agencies and organizations can pool and concentrate extra money from multiple departments and programs for use in investments. Participants in the investment pool are the departments and programs that contribute their surplus funds. To track cash distribution capital transfers inside the investment pool, each member is given a unique account number.
Similar to a portfolio manager, an investment pool administrator arranges the pool and oversees the investments of the fund. Either the administrator of the investment pool or a third-party investment cash distribution manager makes investments with the money in the investment pool. Only the investment manager's contact details are stored by the system.
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The complete question is
A county has an external investment pool for cities in the county to invest excess resources. The city makes a distribution to participants in the pool-that is, the cities that have invested in the pool-in the amount of $20,000. Which account should be debited when the cash distribution is made? Select one:
a. Accounts payable
b. Deductions-distributions to pool participants
c. Due to other governments
d. Investment in pool-cities
the rlx company just paid a dividend of $3.20 per share on its stock. the dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. if investors require a return of 10.5 percent on this stock, what is the current price? what will the price be in three years? in 15 years?
It is the cost at which a share of stock or other security last traded. The present price serves as the starting point in an open market. It shows the price that a buyer and seller would be prepared to accept for a subsequent transaction involving that security.
Explain about the current price of the stock?The idea behind current value accounting is that assets and obligations should be valued at what they may be sold for or settled as of the current date.
The stock of the corporation is currently trading at $51.20.
The constant dividend growth model is the formula that can be used to calculate the stock price.
Cost = d1 / (r - g)
The formula for determining the next dividend to be paid is: d1 = current dividend paid x (1 + growth rate) = $3.20 x (1.04) = $3.328
R is the equity cost.
g = rate of growth
Price = $3.328 / (10.5 - 4)
$3.328 / 0.065 = $51.20
The current price is $51.20
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materials costs $112,900 conversion costs $93,900 the ending inventory was 85% complete with respect to materials and 30% complete with respect to conversion costs. note: your answers may differ from those offered below due to rounding error. in all cases, select the answer that is the closest to the answer you computed. to reduce rounding error, carry out all computations to at least three decimal places. the cost per equivalent unit for materials for the month in the first processing department is closest to:
Equivalent units quantify the amount of labor put into a set quantity of tangible objects. You can simply multiply the quantity of physical goods by the amount of effort done on them to determine equivalent units. You would have one comparable unit for two objects that are 50% complete (2 x 50% = 1).
Explain about the equivalent unit?
Given the amount of direct materials, direct labor, and manufacturing overhead costs incurred during that time for the products that weren't yet completed, it is the number of finished units of a product that a corporation could have hypothetically produced.
The total of the costs added during this period and the initial work-in-progress costs divided by the equivalent units is the cost per equivalent unit. A corporation might have produced a certain number of equivalent units with a specific amount of raw materials, labor, and manufacturing costs.
For instance, if the materials for 500 units are finished, but only 40% of the direct labor and manufacturing overhead are finished, the comparable units are 500 for materials and 200 (40% of 500).
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a(n) organization is a network of connections and channels of communication based on the informal relationships of individuals inside an organization.
The complete statement is that "a(n) informal organization is a network of connections and channels of communication-based on the informal relationships of individuals inside an organization."
What is an informal organization?Generally, In contrast to the organization's official allocation of duties and responsibilities, an organization's informal organization refers to the way in which it really functions in the real world.
The major purpose of informal groups is, more or less, to ensure that individuals continue to uphold their cultural values. When individuals are able to form social associations with one another, they always experience feelings of oneness.
As a consequence of this, one of the functions of informal groups is to give members a sense of social fulfillment.
Informal groupings are denoted by personal connections, communities of common interests, and social networks, all of which emerge as a result of workers associating with one another in a context that is conducive to the job.
The personal ties between workers in an informal company provide the foundation for how those employees think, conduct, and interact with one another.
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CQ
a(n)_______ organization is a network of connections and channels of communication based on the informal relationships of individuals inside an organization.
ust paid a dividend of $3.52per share. dividends are expected to grow at 4% per year. if the discount rate is 7%, what is the stock worth today?(4points)
Typically derived from the company's net profits, a dividend is a payment provided to shareholders in exchange for their equity investment in the company. Currently, the U.S. stock market has a total market value of $46,460,463.2 million (September 30th, 2022).
Explain about the dividend?
A stock dividend is a dividend payment that is delivered to shareholders in shares as opposed to cash. The benefit of the stock dividend is that it rewards shareholders without dipping into the company's cash reserves.
Cash dividends, stock dividends, property dividends, and liquidation dividends are the four different forms of dividends. The cash dividend is distributed in a straightforward manner in the form of cash. The payment of the dividend boosts the shareholders' faith in the company's financial performance.
They are compensated from the company's earnings and profits. Dividends can be categorized as qualified or ordinary. Ordinary dividends are taxed as ordinary income, but qualified dividends that satisfy specific criteria are subject to capital gains tax at a lower rate.
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because of the poor publicity at a fellow franchise location, you notice that sales at your location have decreased. the impact of the poor publicity on your company is referred to as
A franchise (or franchising) is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system.
When your lucrative franchise collapses outright?Getting managerial and marketing know-how from the franchisor is one of the benefits of a franchise. The coattail effect is what happens when your profitable franchise falls merely as a result of other franchisees failing.Being undercapitalized is one of the main reasons why a franchisee fails. A slow start-up or the franchise operation needing more working capital than what was declared in the franchise disclosure agreement can both contribute to a lack of adequate working capital.In the event that a franchisor goes bankrupt or fails in some other way, a franchisee often has no rights under a franchise agreement. In most cases, only the franchisor has the authority to end the franchise agreement if the franchisee experiences financial difficulties such as insolvency or bankruptcy.The ideal solution for a franchise that is struggling is frequently for the franchisee to sell the company to a third party who then takes over as the new franchisee for that region. Due to this, the failed franchisee may end its compliance with the terms of the franchise agreement and any lease.To Learn more About franchise refer to:
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you have been the project manager on a large, high-profile, three-year project in a highly projectized organization. you have had a great team that has been together since the beginning. by all key measures, the project was a success. it will be tough to close out the project. who is the best choice to close out the project and why?
The project should be closed as soon as its objective is completed and it's the organization's responsibility to do so. This will help the team to work on new projects and is important for the growth of the team on a group level.
The Organisation's leaders should close the project after the completion of its objective. It's their responsibility because the team represents the firm. Authorities that are best choices to close the project are:
The project manager is closest to everyone and will be very efficient in order to release the resources.The Termination manager should process the closing of a project in order to audit the work of the project team.The Company Management should take over the project once the objective of the project is completed for the team which is assigned to them. This will help them work on new projects.To know more about Project Management, Click here:
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your company's total sales revenue for the month is $150,000; the costs to produce your products are $12,000 for rent, $6,000 for utilities, and $42,000 for employee wages. what is your accounting profit?
When the total sales revenues for the month is $150,000, and the costs undergone for such revenues are $12,000; $6,000, and $42,000 over different heads, the total accounting profits for the month will be $90,000.
What is the significance of accounting profits?
The accounting profits of an organization can be referred to or considered as the surplus benefits of differences between the revenues of the organization and the costs that are undergone for such accounting period.
For the conditions and costs given above, the accounting profits for the firm will be,
Accounting Profits = Total Revenues – Total Costs
Accounting Profits = 150000 – (12000+6000+42000)
Accounting Profits = $90,000.
Therefore, the accounting profits for the company for the given costs and revenues will be $90,000.
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the ricardian model of international trade demonstrates that trade can be mutually beneficial. why, then, do governments restrict imports of some goods?
The ricardian model of international trade demonstrates that trade can be mutually beneficial. Trade can have substantial effects on a country's distribution of income.
What is Trade?Trade is the spontaneous exchange of goods or services between various economic agents.Neither party is obligated to bargain, so a deal will only occur if both parties deem it to be in their own interest, resulting into ricardian model.Suppose there are two friends, Liam and Henry. Henry has food but needs wool, and Liam has wool but needs food. So Liam and Henry trade food for wool, Liam gets food and Henry gets wool, and both are happy.According to ricardian model, the term trade or commerce generally includes any activity undertaken to generate income from the sale of goods or the provision of services.It is not limited to the consolidated aggregation of the assets, activities and goodwill that make up the entity as defined in certain other provisions of the Internal Revenue Code.To learn more about trade from the given link :
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when a restaurant customer decides to fill out a customer satisfaction survey to complain about having to wait an hour for her food that was cold, this is an example of .
Self selection bias, The issue that frequently arises when survey respondents are given complete freedom to determine whether or not they want to participate in a survey is self-selection bias.
What is self selection bias ?
The issue that frequently arises when survey respondents are given complete freedom to determine whether or not they want to participate in a survey is self-selection bias.
When people choose to participate in a survey by themselves, self-selection bias emerges. Imagine, for instance, that a local government mails a survey to every citizen of the community asking them whether or not they believe a new intersection should be built in the centre of the town.
In statistics, self-selection bias develops whenever individuals choose to join a group for themselves, leading to a biased sample with nonprobability sampling.
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What is the term for the amount of money you need to pay toward expenses before your insurance will cover the rest?.
Deductibles is the term for the amount of money you need to pay towards the expenses begore your insurance will cover the rest.
What are Deductibles?In an insurance policy, the term deductibles refer to the term in which the amount is paid by the policy holders before the expenses paid by the insurance provider. Deductibles may be described as several types of clauses used by the insurance companies for policy payments.
What are Deductibles in Health Insurance?Deductibles in health insurance is the amount paid before the health company begins to be paying up the claim amount, The types of deductibles in health insurance are Voluntary,Comprehensive, and Cumulative deductibles
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you purchase a new car (produced this year) for $38,000. after six months, you sell the car for $31,500. how much does gdp rise because of these two transactions?
For $38,000, one person bought a brand-new automobile that was made this year. The automobile was sold for $31,500 after six months. Due to these two trades, the GDP increased by $38,000.
What does transaction mean?
An agreement that has been fulfilled between a buyer and a seller to trade goods, services, or financial assets in exchange for cash is referred to as a transaction.
In corporate accounting, the phrase is also frequently used. This simple definition can be difficult to apply in business bookkeeping. The definition of a simple transaction model is an economic interdependence model that includes a matrix of transactions.
Along with a matrix of independent responses or injections and a matrix of dependent responses under the premise that the distribution of outgoings is dependent on the sum of incomings.
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in a rich country like the united states, why is investing in physical capital both important and yet unlikely to lead to a large increase in economic growth? select all that apply.
In economics, expansion is an upward trend in the business cycle that is defined by a gain in output and employment, which in turn leads to an increase in household and business incomes and spending.
How can tangible capital support economic expansion?Monetary considerations : Long-term growth in the physical capital stock boosts the economy's total productive capacity by enabling the production of more goods and services with the same amount of labor and other resources.Investment increases the capital stock, and the amount of capital that is accessible to an economy is a key factor in determining its productivity. Investment supports economic expansion in this way.Roads, bridges, water supply, sewage, seaports, airports, schools, hospitals, electricity-generating plants (such as hydroelectric dams or windmills), telecommunications infrastructure, and military equipment are all tangible assets that the government can actively invest in.If the gross investment is greater than the capital depreciation, or if the net investment is positive, physical capital will steadily expand. This suggests that nations with high investment spending rates ought to experience high physical stock and rapid GDP development.To Learn more About business cycle refer to:
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to create an enforceable security interest between mortgage bank and nations property company with a written security agreement, the agreement must be signed by
The debtor must sign the security agreement for there to be an enforceable security interest between the mortgage bank and the nations property firm. Hence, Option A is correct.
What is a security agreement?An unambiguous security agreement is one that contains a clause that says that a security interest will be created as a result of a particular agreement, instrument, or other document or arrangement.
An arrangement that creates a security interest is known as a security interest agreement, instrument, or arrangement.
In terms of American law, a security agreement is a contract that regulates the interaction between the parties to a certain type of financial transaction known as a secured transaction.
Therefore, Option A is correct.
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The complete question has been attached in text form:
To create an enforceable security interest between Mortgage Bank and Nations Property Company with a written security agreement, the agreement must be signed by
a. the debtor
b. the creditor
c. all of the choices
d. a disinterested third-party witness
what is your assessment of jonah's definitions of throughput, inventory, and operation expense as measures of plant performance? what are the applications in the services and non-profit sectors?
These were Jonah's three measurements:reducing, inventory and operational costs while simultaneously increasing throughput.Advertising, public relations, and fund-raising are just a few examples of non-profit sector. Housekeeping, tour guides, nursing, and teaching are all examples of jobs in the service sector.
what are inventory , throughput and operation expenses?
The money spent on products that will sell once they are ready is called inventory.
Throughput is generating revenue from sales.
Last but not least, a company's production costs are referred to as operational expenses.
what are non profit and service sectors?
The effective use of marketing strategies to advance the goals and objectives of non-profit organizations is referred to as nonprofit marketing.
The third tier of the three-sector economy is the service sector, also known as the tertiary sector.This industry produces services like maintenance and repairs, training, and consulting rather than products.
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The purpose of a budget is to show which of the following?
Answer: B
Explanation: The purpose of a budget is to display all spending and saving trends helping you to make better choices when spending and saving money. hope this helps.
if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nearest cent. do not include commas or dollar signs) selected answer: 75000 correct answer: 75,000 answer range /- 0 (75000 - 75000 )
The return to equity is $75000
Another form of financial ratio is the return on equity. Financial ratios are data taken from a firm's financial statements and used to predict and draw specific conclusions about the organization.
Relative return on equity is a tool used to forecast a company's profitability. It evaluates how effectively people employed in any business have used the money that has been invested.
Since the farm has Nfio of $100,000 and an opportunity cost total of $25,000.
Therefore,
Return on equity -
Net Farm Income from Operations - Opportunity cost
= 1,00,000 - 25,000
= 75,000
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minimizing inventory by providing an almost continuous flow of items from suppliers to the production facility is referred to as multiple choice flexible scheduling. artificial intelligence. just-in-time inventory management. contract-manufacturing. a continuous-manufacturing system.
minimizing inventory by providing an almost continuous flow of items from suppliers to the production facility is referred to as just-in-time inventory management.
In order to ensure that raw materials arrive at the precise moment that manufacturing is meant to begin, but not sooner, just-in-time inventory management requires close cooperation with suppliers. Just enough inventory must be kept on hand to satisfy demand.
A company that sells office furniture but does not make it, for example, might only order the furniture from the producer once a customer makes a purchase. The maker sends it directly to the customer. The cost of the store's inventory storage has decreased.
A just-in-time system has a consistent production pace, small lot sizes, closer supplier relationships, high product quality, quick and inexpensive setups, adaptable facilities, a multiskilled workforce, efficient maintenance, and ongoing quality control.
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severide computers sold a computer to katie smith for cash of $800. the entry to record this transaction will include a: multiple select question. debit to accounts receivable for $800 credit to cash for $800 credit to accounts receivable for $800 credit to sales for $800 debit to cash for $800 debit to sales for $800
Debit to cash for $800., Credit to sales for $800.
What is Debit and Credit?
In double-entry bookkeeping, debits and credits are commonly assessed in account ledger accounts to record value changes brought on by business transactions. A credit entry represents a value transfer from the account, whereas a debit entry reflects a transfer of value to the account. Each transaction involves the transfer of money from credited to debited accounts. A tenant would enter a credit for the checking account on which the rent check is drawn and a debit for the rent expense account, for instance, when writing a rent check to a landlord. In a similar manner, the landlord would record a credit in the tenant's rent income account and a debit in the account where the check is deposited.
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which one of the following is a positive economic statement? group of answer choices thoughtful people oppose an increase in the minimum wage. social justice will be served by increasing the minimum wage. an increase in the minimum wage will reduce employment for teenagers. the minimum wage should be increased
An increase in the minimum wage will reduce employment for teenagers is a positive statement.(OPTION A)
Minimum Wage: An employee may not legally sell their labour for less than the minimum wage, which is the lowest compensation a business may pay their staff. By the turn of the 20th century, minimum wage laws were in place in the majority of nations.
As of October 1, 2022, the wages of unskilled workers will increase from INR 16,506 to INR 16,792, those of semi-skilled workers from INR 18,187 to INR 18,499, and those of skilled workers from INR 20,019 to INR 20,357, according to a statement from the Delhi government.
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true or false: networking uses technology, such as a company intranet, to link organizations and their suppliers to allow them to work together for a common goal.
The four sorts of hierarchical designs are practical, multi-divisional, level, and lattice structures.Circular, team-based, and network structures are additional options.
Which of these are thought to be drawbacks of centralized power?The tendency to stifle creativity and innovation, making it difficult for an organization to adapt to change, is one of the disadvantages. Low-level employees' levels of job satisfaction and organizational commitment may also suffer as a result of centralized authority.
Restructuring is the process of redesigning an organization so that it can better serve its clients.
Functional. The most common strategy is a functional structure. It calls for putting people who perform similar tasks in the same category together.
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gas prices recently increased by 25%. in response, purchases of gasoline decreased by 5%. based on this data, the price elasticity of demand for gas is:
The price elasticity of demand for gas will be 0.2
According to the law of demand, the quantity demanded of a product falls with an increase in its price and vice versa. The percentage of the quantity of demand because of the stated increase in the price is measured using the price elasticity of demand.
In the given question, the quantity of demand decreases by 5%, and the prices increase by 25%. To calculate the price elasticity of demand, we have the formula:
=> [tex]E_{d} = \frac{Percentage of change in quantity of demand}{Percentage of change in price}[/tex]
=> [tex]E_{d} = \frac{5}{25}[/tex]
=> [tex]E_{d} = 0.2[/tex]
Hence, we get the price elasticity of demand for gas as 0.2
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Name two reasons that putting extra money from a part-time job into a roth ira might be more beneficial than putting it into a savings account.
Two reasons that putting extra money from a part-time job into a roth ira might be more beneficial than putting it into a savings account are:-
You do not get an up-the front tax damage (such as you do with conventional IRAs), but your contributions and earnings develop tax-free. Withdrawals during retirement are tax-free. There aren't any required minimal distributions (RMDs) in the course of your lifetime, which makes Roth IRAs perfect wealth transfer cars.A savings account is a simple sort of monetary product that allows you to deposit your cash and generally earn a modest quantity of interest. these debts are federally insured as much as $250,000 in line with account owner and offer a secure region to place your money at the same time as earning interest.
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a construction company recognizes revenue from construction contracts over time using the input method based on costs incurred. it reports the following: year 1 year 2 construction costs $100 $200 estimated cost to complete at year-end 300 0 the contract price is $1,000. what is the profit recognized in year 2? $400 $800 $150 $550
$400 is the profit a construction company recognizes revenue from construction contracts over time using the input method based on costs incurred.
The answer is option A.
Total construction cost = $200 + $100 + $300
Contract prize = $1000
Profit = Contract prize - Total construction cost
Profit = $1000 - $600 = $400
Sales from price plus contracts is regarded through reference to the recoverable expenses incurred throughout the length plus the fee earned, measured through the share that charges incurred up to the reporting date endure to the predicted total costs of the agreement. A construction contractor has a hard and fast rate contract for Rs.
Multiply general estimated contract sales by way of the predicted completion percent to reach the entire quantity of revenue that can be recognized.
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what can be said of the last few centuries? multiple select question. nominal gdp grew slower than inflation nominal gdp grew faster than population nominal gdp grew slower than population economic growth exceeded population growth nominal gdp grew faster than inflation
Over the last few centuries, the growth rate of the economic noted to be increased at a faster rate than population growth. Thus, option (d) ‘economic growth exceeded population growth’ is the correct answer.
Economic growth refers to an increase in the quality and quantity of the economic goods and services that are produced and consumed in a society. While population growth describes the rate of increase in the number of humans. The data analysis of the last few centuries reveals the rate of economic growth has increased more than population growth.
That is not somehow good for efficient economic development. It is because economic growth and population growth tend to be correlated in that higher population growth rates lead to higher economic growth rates; since a large population has the potential to produce more goods and services.
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without having a plan in place, managers may focus only on instead of keeping a long-range view and anticipating new opportunities. multiple choice question.
Without having a plan in place, managers may focus only on whatever in front of them instead of keeping a long-range view and anticipating new opportunities.
The management task of planning include deciding on a course of action for reaching goals and creating objectives. It is critical for managers to foresee future situations and be aware of current environmental factors affecting their firm. Additionally, effective decision-making is essential of managers.
Setting objectives, or declarations of what must be performed and by when, is a must for planners. The next step for planners is to decide on other strategies for reaching goals. Planners must choose the appropriate actions to take in order to accomplish goals after weighing the numerous choices. They must then decide on the essential actions and make sure that plans are carried out successfully. Finally, planners must continuously assess the effectiveness of their plans and make required corrections.
The complete question is, "Without having a plan in place, managers may focus only on _____ instead of keeping a long-range view and anticipating new opportunities.
A. competitors' movements
B. emerging opportunities for expansion
C. overall company strategy
D. whatever is in front of them"
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A toy maker is running a television advertisement for its new Super Soaker water gun. What kind of advertising would this be an example of?
institutional advertising
product advertising
word of mouth advertising
social media advertising
Product advertising is the kind of advertising would this be an example of. Hence, option B is correct.
What is Product advertising?Product advertising is advertising for particular products as opposed to brand advertising. These advertisements place more emphasis on selling products based on their features and advantages than on building brand awareness or brand reputation.
The three types of product advertising are comparative, competitive, and innovative. Enlarge your clientele. raise brand and company recognition among consumers. Highlight the benefits of your products or services. Give information about your business.
Products advertising is a type of sponsored communication in which a company communicates with clients through a communication channel in an effort to persuade them to purchase its goods.
Thus, option B is correct.
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