Answer:
Some examples of pricing objectives include maximising profits, increasing sales volume, matching competitors' prices, deterring competitors – or just pure survival. Each pricing objective requires a different price-setting strategy in order to successfully achieve your business goals
Answer:
Pricing objectives refer to the goals that drive how your business sets prices for your product or service. These objectives can and should apply to pricing for both new and existing customers. The direction provided by pricing objectives is crucial to adjusting prices over time in order to meet your objectives.
a. Balance according to the bank statement at December 31, $283,000.b. Balance according to the ledger at December 31, $245,410.c. Checks outstanding at December 31, $68,540.d. Deposit in transit, not recorded by bank, $29,500.
Answer and Explanation:
The preparation of the bank reconciliation statement is presented below:
Balance as per bank statement as on Dec 31 $2,83,000.00
Add: Deposit in transit $29,500.00
less: cheques outstanding $68,540.00
Adjusted Balance as on 31st December $2,43,960.00
Balance as per Ledger as on Dec 31 $2,45,410.00
Less: Bank debit memo for service charges 750
less: payment of invoice wrongly recorded 700
Adjusted Balance as per 31st December $ 2,43,960.00
Which 3 types of customer statements can QuickBooks Online generate?
Answer:
There are three types of customer statements in QuickBooks Online.
- Balance Forward: A list of invoices and payments with balance for date range selected.
- Open Item: A list of open, unpaid invoices from the last 365 days.
- Transaction Statement: A list of transactions between the selected dates.
I hope this help you! If it help you please mark me brainlest! Thank you! Have a great day! :)
quy định về thủ tục hải quan hàng tiêu dùng?
A firm sells a product in a perfectly competitive market. The marginal cost of the product at the current output level of 500 units is $1.50. The minimum possible average variable cost is $1. The market price of the product is $1.25. To maximize profits, the firm should
Answer:
decrease production to less than 500 units
Explanation:
team skills do not require the ability to communicate effectively.
true or false
Answer:
I think false .
Explanation:
I think so because while working in a team the most important thing that we need is communication skill.
Can someone look at my resume for my career class please and thank you!
I also have the rubric and directions y’all can look at too.
2.- Se hicieron compras de materia prima por $ 50,000.00 más IVA que se pagaron como sigue:
20% en efectivo; 30% quedamos a deber, y el resto con una transferencia bancaria, según Factura ZX87.
10.- Vendemos como fierro viejo algunos lockers de los empleados que ya estaban sin servir, y nos pagan con cheque que depositamos en el banco, la cantidad de $ 3,000 IVA INCLUIDO. Al mismo tiempo tenemos que reparar uno de los lockers nuevos pues la chapa se echó a perder, el cerrajero nos cobra $300 MÁS IVA que pagamos en efectivo
Alguien me dice como van en un libro diario por favor
no entendi nadita pero que larga tu prwgunta
The next two questions use the following data from TGX Global, a heavy equipment manufacturer (this information will be repeated on the next question): TGX Global sells excavators, with an average sale price of $500,000 per excavator. TGX received new orders for 90 excavators in 2018. TGX produced & delivered 120 excavators in 2018: 50 excavators were ordered in 2017 and the rest (70 excavators) were ordered in 2018. TGX received payment for 110 excavators. TGX began selling 1-year maintenance services contracts for $50,000 per excavator in 2018, which begin after the excavator is delivered. Contracts were sold on 50% of all excavator orders made in 2018 (no contracts were sold on orders placed in 2017). Assume all excavators delivered in 2018 are delivered at year end, calculate TGX’s 2018 revenue based on the transactions described above.
TGX’s 2018 revenue depends upon the given transactions is $60 million.
The calculation of TGX’s 2018 revenue depends upon the given transactions is as follows:
TGX’s 2018 Revenue is
= TGX produced & delivered excavators in the year 2018 × Sale Price per excavator
= 120 Excavator × $500,000
= $60 Millions.
Working Notes:
1. The revenue for the year 2018 should be recorded at that time period where the products are sold.
2. The revenue for the maintenance service contract should be recorded in the year when the service is provided not in that year where the contract service should be sold as it is treated as the unearned revenue till the service is provided
Therefore we can conclude that TGX’s 2018 revenue depends upon the given transactions is $60 million
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Medici and Athena are companies that manufacture medical equipment. The two companies have partnered for a unique project to create a specialized X-ray machine with the latest and the most expensive technology available. Medici and Athena will share their knowledge and resources as well as ownership and risk in the investment. However, each company will retain its own business identity. Which of the following business forms have Medici and Athena adopted for the project?
a. A merger
b. A joint venture
c. Piggybacking
d. A licensing agreement
Answer:
a joint venture
Explanation:
"a commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities."
A joint venture, of the following business forms have Medici and Athena adopted for the project. Thus, option (b) is correct.
What is business?
The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
A commercial operation done jointly by two or more people who otherwise retain their unique identities. Medici and Athena were joint venture enterprises that produced medical equipment. The Medici and Athena would share their resources and knowledge as well as participation and risk in the investment, in the business.
As a result, the joint venture, of the following business forms have Medici and Athena adopted for the project. Therefore, option (b) is correct.
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Encik Hafiz is a Malaysian citizen worked as a government officer at Accountant General’s Department of Malaysia for the past 12 years. His top management had encouraged staff with more than 10 years of services to pursue postgraduate study abroad especially in Australia. Following this encouragement, 15 scholarships from the Ministry of Education were offered to eligible staff. Encik Hafiz was among the successful candidates during the scholarship interview pursue his study in Melbourne, Australia for 3 years commencing from 3 January 2017 until 31 December 2019. Required: Based on the provision of Income Tax Act (ITA) 1967, briefly explain whether Encik Hafiz is a resident in Malaysia for the years of assessment 2017, 2018 and 2019.
To determine whether Encik Halim is resident in Malaysia for assessment years 2017,2018 and 2019 based on Income Tax Act,1967 is mentioned as below.
What is resident?A resident is someone who lives in a certain location, For instance, The neighborhood inhabitants were upset about the shortage of parking spots.
Based on the evidence provided, Encik Halim can be regarded a Malaysian resident for the assessment years 2017, 2018, and 2019, despite not meeting the 182 day or more physical presence requirement.
He is a resident in 2017: Although his stay in 2017 is fewer than 182 days, he would qualify as a resident for tax purposes in that year since he was a tax resident in the immediately preceding year under 7(1)(b). And he was in Malaysia on December 31, 2016, and January 1, 2017.
In 2018, he is a resident: An individual can classify as a tax resident if his stay exceeds 90 days in three of the four immediately preceding years, according to section 7(1)(c) of the ITA, 1967. In the instance of Ancik Halim, his stay exceeded 182 days in three of the four immediately prior years, except for 2017. As a result, he is a tax resident for the 2018 fiscal year.
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Abigail has an inheritance tax lien placed on all of her property. What kind of a lien is it?
Answer:
A general lien is one placed against any and all real and personal property owned by a particular debtor. An example is an inheritance tax lien placed against all property owned by the heir. A specific lien attaches to a single item of real or personal property, and does not affect other property owned by the debtor.
Explanation:
Inheritance tax lien is a kind of general lien.
What is Inheritance tax lien?A percentage of a decedent's estate's value that is distributed to beneficiaries by will, heirs by intestacy, and transferees by operation of law is subject to inheritance tax. Depending on the heir's status relative to the decedent, there are different tax rates. Payments for inheritance taxes are due at the time of the decedent's death and become past due nine months afterwards. A 5% rebate is permitted if inheritance tax is paid within three months of the decedent's passing. The Tax Law encumbers the decedent's real estate upon death to guarantee the payment of any estate taxes owed. The decedent's death date serves as the effective date of the inheritance tax lien. For all dates of death, a release of lien is used unless the decedent and the surviving spouse were the only joint tenants of real estate.
The value of the property has no bearing on whether a release of lien is necessary.
What is general lien?A general lien is the right of one person to keep any things or property that belong to another person that are in his possession until the promise or duty is satisfied.
It is the ability to keep someone else's property as payment for an overall account balance.
Brokers of insurance, bankers, factors, and High Court lawyers can all get a general lien. Without an express agreement to the contrary, the general lien of bankers, factors, wharfinger, attorneys, and policy brokers retains as a security for the overall balance of the account and any items that are to be bailed to them.
Service providers typically receive the broad lien privilege. These identification service providers reserve the right to keep the items that are given to them as bail in order to collect the overall balance of money that is owed by their client. This specific Section is very eager to restrict the use of general liens by stating that no one has the right to assert a general lien unless the parties have expressly provided for it in their contract.
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Administrative:
A client named Sarah sent you an email regarding an error on
their invoice. You are not sure what went wrong, but you have to respond. What
would you say? *
Your answer
Answer:
Can you say what is the error
hope that helps you
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TB MC Qu. 08-152 Minor Company installs a machine... Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machines' first year depreciation under the double-declining-balance method.
Answer:
The correct answer is "$54000".
Explanation:
According to the question,
Annual depreciation rate will be:
= [tex]\frac{100 \ percent}{5}[/tex]
= [tex]20[/tex] (%)
hence,
The depreciation as per double decline will be:
= [tex]2\times Annual \ depreciation \ rate\times Beginning \ value[/tex]
By putting the values, we get
= [tex]2\times 20 \ percent\times 135000[/tex]
= [tex]54000[/tex] ($)
Prove shylock is stubborn
The following information relating to a company's overhead costs is available.
Actual total variable overhead $74,000
Actual total fixed overhead $18,000
Budgeted variable overhead rate per machine hour $2.00
Budgeted total fixed overhead $16,000
Budgeted machine hours allowed for actual output 44,000
Based on this information, the total variable overhead variance is:
a. $2,000 favorable.
b. $6,000 favorable.
c. $2,000 unfavorable.
d. $6,000 unfavorable.
e. $1,000 favorable.
Bangladesh has been the 7 th largest mango exporter in the world and exported 1-billion-dollar worth of vegetables across the world. Within 1000 words, discuss i) How can we internationalize our productions? ii) How can we localize our productions? Discuss some research oriented examples.
Answer:
Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate
Explanation:
Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate:The 330,000 new positions is a sharp deceleration from the 680,000 added in June and the lowest total since February. Leisure and hospitality led the gains with 139,000 during a month in which goods-producing industries contributed just 12,000 jobs. #accelerationism
A company has a capital project with before-tax cash inflows in real dollars that are expected to be $200,000 within 2 years. The inflation rate is expected to be 6% each year during that period. What is the before-tax cash inflow expressed in nominal dollars
The before-tax cash inflow expressed in nominal dollars is $224,720
Using this formula
Before-tax cash inflow=Before-tax cash inflows in real dollars*(1+Inflation rate)*(1+Inflation rate)
Let plug in the formula
Before-tax cash inflow=$200,000*(1+.06)*(1+0.06)
Before-tax cash inflow=$200,000*1.06*1.06
Before-tax cash inflow=$212,000*1.06
Before-tax cash inflow=$224,720
Inconclusion the before-tax cash inflow expressed in nominal dollars is $224,720
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Why My LinkedIn Lead Generation Is Failing?
Answer:
Your LinkedIn lead generation is failing due to the following mistakes:
Mistake 1. Not Choosing the Right LinkedIn Automation ToolMistake 2. Sending and Sharing Self-Promotional ContentMistake 3. Not Personalizing ContentMistake 4. Not Segmenting LeadsMistake 5. Not sending Follow-UpsMistake 6. Not Paying Attention To StatsThere are tons of big and small mistakes that marketers make when it comes to LinkedIn lead generation. However, the worst thing is to not learn from those mistakes and keep repeating the mistakes.
Suppose that you are interested in determining the average height of a person in a large city. You begin by collecting the heights of a random sample of 144 people from the city. The average height of your sample is 66 inches, while the standard deviation of the heights in your sample is 3 inches.
The standard error of your estimate of the average height in the city is:___________.
Using the standard error formula, the standard error of the estimated average height in the city is 0.25 inches.
Given the Parameters :
Sample size, n = 144 people Standard deviation, σ = 3 inchesRecall the standard error Formula :
[tex] S.E = \frac{σ}{\sqrt(n)} [/tex]Plugging the values into the formula :
[tex] S.E = \frac{3}{\sqrt(144)} = \frac{3}{12} = 0.25[/tex]
Therefore, the standard error of the average height estimate is 0.25 inches.
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The standard error of your estimate of the average height in the city is 0.25 inches.
With respect to its estimate of a population parameter, the standard error (SE), a statistical metric, measures the variability, or uncertainty, of the sample data. This information shows how much the sample statistic is likely to differ from the true population parameter.
The standard error (SE) of the estimate of the average height in the city can be calculated using the formula:
SE = Standard Deviation / √Sample Size
In this case, the standard deviation (σ) is 3 inches, and the sample size (n) is 144.
SE = 3 / √144
SE = 3 / 12
SE = 0.25 inches
Therefore, the standard error of your estimate of the average height in the city is 0.25 inches.
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Tell me about time when you made a mistake how did you find it and what did you do to correct it
Answer:
Briefly explain what the mistake was, but don't dwell on it.Quickly switch over to what you learned or how you improved, after making that mistake.You might also explain the steps you took to make sure that the mistake never happened again.Is there any company or firm that doesn't use CRM?
May i know the name of that company?
Answer:
Choudhary group of company
what is business ??
Answer:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Answer:
A business is defined as an organization entity engaged in commercial activities
Explanation:
the production, distribution, and sale of goods and services for a profit
TRUE OR FALSE ? WHY ? Plesae help me
1. The goods that the enterprise wants or intends to add to its capital stock are inventories.
2. In a simple economy, the gross national product is the same as the gross domestic product and the national income.
3. The central bank cannot go bankrupt because it is always able to repay depositors' withdrawals by printing new notes at a faster rate.
4. Inflation is a phenomenon of money, so just reducing the money supply will reduce inflation.
Answer:
1. True
2. False
3. True
4. True
Explanation:
1. in accounting the stock is treated as inventories
2. because the GNP considers the output of a country's citizens regardless of where that economic activity occurred. GNP expresses the total value of all goods (products and services) produced by the residents of a particular country, regardless of national borders, thus including their foreign assets. while GDP considers the activity within a national economy regardless of the residency of the producers.
3. Financing for central banks is completely different to that of commercial banks and private corporations because their commitments – banknotes and commercial banks’ overnight deposits held at central banks are the only authorized forms of payment in their jurisdiction. Central banks have a monopoly on creating money,
4. inflation is a monetary phenomenon means to control the supply of money
Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses:
Airfare $ 520
Lodging 3,200
Meals 800
Entertainment of clients 640
How much of these expenses can Jordan deduct?
The expenses that Jordan can deduct is $3,731.
This is the amount that she can deduct as business expenses for this trip from New York to Denver.
Data and Calculations:
Expenses incurred on the trip for both business and private purposes:
Lodging 3,200
Meals 800
Total $4,000
Travel days = 2 days
Business days = 9 days
Visiting friends = 5 days
Total days spent conducting business and visiting friends = 14 days
Business portion of the above expenses = 9/14
Amount to be deducted as business expenses is calculated as follows:
Portion of the above total expense = $2,571 ($4,000 ( 9/14)
Airfare 520
Entertainment of clients = 640
Total amount that Jordan can deduct = $3,731
Thus, Jordan can deduct $3,731 of her expenses for the business trip.
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ecember 31 of each year. Rupar accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. In Rupar's December 31, 2021, journal entry to record the second period of interest, Rupar would record a credit to interest revenue of:
Answer:
$3,372.60
Explanation:
Full question "On January 1, 2021, Rupar Retailers purchased $100,000 of Anand Company bonds at a discount of $4,000. The Anand bonds pay 6% interest but were purchased when the market interest rate was 7% for bonds of similar risk and maturity. The bonds pay interest semiannually on June 30 and December 31 of each year. Rupar accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. In Rupar's December 31, 2021, journal entry to record the second period of interest, Rupar would record a credit to interest revenue of:"
FV of the bond = $100,000
Coupon rate = 6% = 6%/2 = 3%
Effective rate = 7% = 7%/2 = 3.5%
Purchase Price of the Bond = $100,000 - $4,000
Purchase Price of the Bond = 96,000
First interest
Cash interest = 100,000*3% = $3,000
interest Revenue = 96,000*3.5% = $3,360
Discount Amortized = interest Revenue - Cash interest = $3360 - $3,000 = $360
Carrying Value of the Bond = Purchase Price of the Bond + Discount Amortized = $96,000 + $360 = $96,360
Second interest
Interest Revenue = Carrying Value * Effective interest Rate
Interest Revenue = $96,360 * 3.5%
Interest Revenue = $3,372.60
So, for the second period of interest, Rupar would record a credit to interest revenue of $3,372.60
Over the last ten years productivity grew faster in Oceania than in Freedonia and the population and total hours worked remained the same in both countries. It follows that:
a. real GDP per person must be higher in Oceania than in Freedonia.
b. real GDP per person grew faster in Oceania than in Freedonia.
c. the standard of living must be higher in Oceania than in Freedonia.
d. All of the above are correct.
Answer:
it's d. All are correctamundo
Your friend Wanda established her gourmet dog treat business, Salty Pawz, using personal funds, since she initially sold her products only to friends and family and was able to pay for everything as she went along. Now that the business is growing, she knows she cannot finance the expansion out of her own pocket, so she is considering taking out a loan. She has no experience with financial institutions, other than the basics such as managing her personal bank accounts, a credit card, a mortgage and a car loan, all of which are with the local credit union.
You offer to help out Wanda by explaining the various options available to her at this stage in her business’s development. Write an email to her addressing the following areas:
Describe 2 options Wanda has for raising capital for her business (for example
1. take a term loan (eg 1 year)
2. look for investors to fund her business in exchange for ownership in her company
-Explain the advantages and disadvantages of each funding method.
-Offer a recommendation for the method you feel is the best fit for Wanda’s business. Be sure to include your reasons for making that recommendation.
Based on the advantages and disadvantages for each type of financing mentioned below, the best method for financing the expansion for Wanda's business is taking a loan (e.g. 1 year).
Take a term loan (e.g. 1 year)
A term loan is best described as an amount provided by the bank for a fixed amount and a agreed payment schedule with an interest rate either fixed or floating.
The main advantage of a bank loan is that it would not be repaid on demand instead it would be paid back as per schedule within a period of 1 to 10 years. Another advantage is that you would only have to pay the bank the interest rate and not the company's profit or share.
The disadvantage is that when loans are taken, then the amount (principal) and interest is to be repaid even if the loan is not being used. Another possible disadvantage is that a loan can be obtained if you have any asset (such as a house or car) to be kept as security. This is a guarantee in the likely event the bank's loan is not repaid on time.
Look for investors to fund her business in exchange for ownership in the company
This means finding individuals/institutions to provide financing as capital to be used in business for expansion.
Unlike a bank loan, here the investors accept the risk that if the business fails then their financing would be lost. Therefore, if the business ends up in losses then the amount is not required to be returned to their respective financiers. Another advantage is that you don't require any credit history to earn financing through investors.
The main disadvantage is that the sharing (profits) are divided between multiple investors based on their investment or as per their agreed sharing ratio. Moreover, the new investors might prefer to take more risks for a business to grow and which means that the stakes are always high.
In conclusion, Wanda is working on a small business and which is expanding at a slow rate with the risk being kept at a bare minimum. In which case taking a loan with amount and duration being set at a point where she would be able to return the loan acquired, is a better financing option for Wanda's business.
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Paid for wages Rs. 2000 and for commission Rs. 3000. Journal entry for this?
Answer:
Wages A/c Dr.
To cash A/c
(being wages paid)
Commission A/c Dr
To cash A/c
(being comission paid)
Which of the following combinations is ensured to increase?
please you can give any option or full question
distinguish between fixed cost and Variable Cost
Answer:
fixed means that it is standard or doesn't change (in a fixed state). remain constant
variable cost on the other hand, is when the cost varies, or changes. it can change proportionally, directly based on the changes or advancements on the service or good
Explanation:
