If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be One asset increases $1,510 and another asset decreases $1,510, causing no effect.
The relationship between an entity's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.
There are three possible arrangements for the accounting equation:
Assets = Liabilities + Owner's Capital - Owner's Drawings + Revenues - Expenses. Owner's equity = Assets - Liabilities. Net Worth = Assets - Liabilities.The accounting equation makes sure that every entry in the books and records is verified and that each obligation (or expense) and its associated source, or each item of revenue (or asset) and its source, can be independently verified.
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A consumer purchased a winter coat because the inside lining was made of a soft material. One type of benefit that was purchased was??
A consumer purchased a winter coat because the inside lining was made of a soft material. One type of benefit that was purchased was sensory benefit.
While purchasing a winter coat the consumer saw the quality of the product and whether this product matched his preferences. So the customer touches the material of winter coat to check its softness and then purchased the product. Thus, this refers to the sensory benefit.
Marketers use the method of sensory benefit in order to promote their products in such a way that they appeal to the emotions of buyers. So it becomes more of an emotional response rather than a need born of necessity.
Hence, the answer is given and explained above.
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When managers give instructions to front-line employees, they should follow the indirect strategy.
a) true
b) false
False, they should not follow the indirect strategy.
What is indirect strategy?The indirect method relies on generating turning points that lead foes to lose momentum that they can never recoup. Every contract, like a fight, has a vital moment or turning point that determines who wins and who loses. Information can be utilized in sales to create turning points that eliminate competition.
Superior forecasting, reporting, and analysis are required in large businesses. The indirect technique has the advantage of respecting the audience's sensitivities.
The evidence is provided first in the indirect way, leading to the main idea. This is an inductive reasoning. This method is best if your audience is likely to be upset or resistant to what you have to say.
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In a market value appraisal, every comparable sale should have been sold in an _______________ transaction, with no undue _______________.
In a market value appraisal, every comparable sale should have been sold in an arm's length transaction, with no undue duress.
An arm's length transaction is an expression which is commonly used to refer to transactions in which two or more unrelated and unaffiliated parties agree to do business. Here they act independently and in their self-interest, and with no undue duress.
For instance, an arm's-length transaction is when a home buyer and a stranger who is selling a house, and each is offering what the other wants, but neither has any obligation to the other.
Hence, every comparable sale should have been sold in an arm's length transaction, where no person or a party has been forced into a contract.
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What is the ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position?
The ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position is called competitive rivalry.
Aggressive competition is the continued set of aggressive moves and competitive responses that occur amongst corporations as they maneuver for an nice market position. competitors are firms running in the equal market, supplying similar merchandise, and concentrated on similar customers.
Creates a positive picture of your emblem or product: Positioning in advertising lets in you to influence how others view your product. in case you create materials that show the product in a effective light, customers may partner you this, that may result in extra purchases.
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1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a named government the strategies used to manage the country?s debt 3. Briefly evaluate whether the policies were successful.
A debt crisis in one country can, and frequently does, cause economic suffering in other countries, whether in the private sector or the government. A tightening of financial circumstances, such as an increase in interest rates, a slowdown in trade and economic growth, or even just a sharp drop in confidence, might cause this.
What is economic crisis ?It is a point in the economic cycle when an economy experiences long-term challenges. A sharp downturn in the nation's economic performance is evident in falling output and demand, rising unemployment, and corporate bankruptcies. This will inevitably result in a significant level of poverty throughout the nation.What is economic growth?A society's ability to generate and consume more and better economic goods and services is known as economic growth. Even if the definition of economic growth is simple, measuring it is really challenging. It's crucial to remember that growth is not defined by increases in household income or inflation-adjusted GDP; similarly, life expectancy is a metric of population health but is by no means the definition of population health.Learn more about economic crisis here:
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The relationship between the relative worth of jobs and their wage rates can be represented by means of a a. wage survey. b. salary progression chart. c. regression line. d. wage curve.
The correct option is letter d. wage curve. The relationship between the relative value of jobs and their wages can be represented through the wage curve.
What is the wage curve?Corresponds to a curve that demonstrates the relationship between unemployment levels and wages. That is, in a place where there are higher levels of unemployment, the wages of employees will be lower than in an area where there are low levels of unemployment.
The wage curve was a concept developed to better understand the internal and external environment of the company, that is, this concept allows the comparison between the salaries practiced by a company that are above, below or compared to the market.
Through the salary curve, the employee can also analyze in a more comprehensive way the conditions of the organization in which he works, the advantages and disadvantages of working in such a company compared to his current salary.
Therefore, the wage curve is a relationship that helps to understand the economic, political and social situations that lead to unemployment in a region, being an important instrument for analysis, study and implementation of strategies to reduce unemployment.
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Monterey corporation reports net income of $260,000 that includes depreciation expense of $30,000 and amortization expense of $20,000. What is the company’s cash inflows from operating activities?
Cash flow from operating activities is $310,000.
Given net income of $260,000 , depreciation expense of $30,000 and amortization expense of $20,000.
Cash flow from operating activities is to be computed.
The amount of money a firm earns through continuing the regular business operations such as the manufacturing and the selling the things or providing a service to the clients is referred to as the cash flow from operational activities (CFO).
The formula to compute the cash flow from operating activities is given below:
Cash flow from operating activities= Net income+ Depreciation expense + Amortization expense
Cash inflows from operating activities = $260,000 + $30,000 + $20,000 =$310,000
Therefore, the cash flow from operating activities is $310,000.
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True or false?
While good communicators make good employees, they don't make good leaders.
The given statement is false. While good communicators make good employees, they make good leaders.
What do you mean by leader?
A business leader is someone who inspires a team to work together toward a single objective. This can be a high-ranking official like the editor-in-chief of a newspaper, a vice president, or the chief executive officer of a sizable corporation.
A team leader or a salesperson who is lower on the corporate ladder is another possibility. To put it another way, anyone with the necessary skills, regardless of their position in a company or organization, may be a business leader. You don't have to be a billionaire to be one.
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According to doob, a supplier factory for reebok in india punished workers who made mistakes on the job by?
According to doob, a supplier factory for reebok in India punished workers who made mistakes on the job by confining them in the hot sun.
Employees who are disciplined for errors may develop new work habits and practices that are harmful to their ability to produce original work. One such instance involves an Indian supplier plant for Reebok punishing workers who commit errors at work by locking them within a heated environment.
Hiring managers always want to see their staff members succeed, pick up new skills, and be able to use those skills effectively. Unfortunately, not every learning path is smooth.
Your team must be fearless if you want to teach them how to act courageously. They will be better able to develop this fearless mindset if they are in an environment where they are free to express their opinions, try things out and fail, ask questions, and think creatively.
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While a loan must be repaid, factoring is the selling of _____ to a finance company who then assumes responsibility for collecting the accounts.
The correct answer is accounts receivable.
While a loan must be repaid, factoring is the selling of accounts receivable to a finance company who then assumes responsibility for collecting the accounts.
What is factoring? Factoring is concerned to a kind of financial transaction. It is also a type of a debtor finance. In factoring a business sells it accounts receivable to another party at a lower cost or at a discount. It is usually used in international trade finance. It is also known as invoice factoring, accounts receivable factoring, or also as receivable financing.In factoring there are three different parties directly involved. The whole process highly confidential.To learn more about accounts visit: https://brainly.com/question/17373928?
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___________ refers to the exponential growth in the volume, variety, and velocity of information and the development of complex, new tools to analyze and create meaning from such data.
Big data refers to the exponential growth in the volume, variety, and velocity of information and the development of complex, new tools to analyze and create meaning from such data.
Big Data is a collection of that data which is huge in volume, but still it is growing exponentially with time. Big data is a data with so much large size and complexity.
Traditional data management tools cannot store it or process it efficiently. Big data is also a data but with a very huge size.
The New York Stock Exchange is an example of Big Data which generates about one terabyte of new trade data per day.
Following are the three types of Big Data:
Structured
Unstructured
Semi-structured
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What is the single most important consideration for a research project? group of answer choices
The single most important consideration for a research project is ethics.
Ethics are the personal code of conduct which are based on respect for one's own self, others as well as surroundings.
It is governed by the principles and assumptions under pinning the way which the individuals or organizations tries to conduct themselves.
Research ethics generally involves the application of fundamental ethical principles into the research activities.
Research ethics include the design and implementation of research, the use of resources and research outputs, respect towards society.
It also includes other scientific misconduct and the regulations of research.
Different research ethics are:
Research should always aim to maximize the benefit for individuals and society and reduce risk and harm.
The dignity of individuals and groups should be respected as well as their rights should also be considered.
Whenever possible, there should be voluntary and appropriately informed participation.
Research should always be conducted with integrity and transparency.
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Ngu owns equipment that cost $104,300 with accumulated depreciation of $71,200. ngu asks $37,700 for the equipment but sells the equipment for $34,800. compute the amount of gain or loss on the sale
Gain on sale of equipment = $1700 By Extracting Information.
The gain or loss on sale of an asset used in the business is the difference between 1) the amount of cash received by the business and 2) the carrying value (book value) of the asset at the time of sale.
The disposal account is the profit or loss account shown in the income statement that records the difference between the proceeds of disposal and the net book value of the asset being sold.
A gain on sale of assets arises when an asset is sold in excess of its carrying amount. Carrying value is the purchase price of an asset less subsequent depreciation and impairment losses. Profit is classified as a non-operating item on the sales company's income statement.
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_______ is an organization that primarily designed to provide pain relief, symptom management, and supportive services for the terminally ill and their families.
Hospice care is an organization that is primarily designed to provide pain relief, symptom management, and supportive services for the terminally ill and their families.
People who are reaching the end of their lives receive hospice care.
A group of medical experts who specialize in providing these services work to maximize comfort for terminally ill patients by minimizing discomfort and attending to their physical, psychological, social, and spiritual needs.
Hospice care also offers counseling, respite care, and practical support to families.
The goal of hospice care, in contrast to other medical treatments, is not to cure the underlying illness.
For as long as feasible, the aim is to ensure the maximum quality of life.
A terminally sick individual who is anticipated to have six months or fewer to live receives hospice care.
Hence, hospice care is the answer.
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When an operation reaches its break-even point the operation's revenue will equal its?
When an operation reaches its break-even point the operation's revenue will equal its fixed plus variable expenses.
Within your budget, fixed expenses are those that never fluctuate, albeit they could periodically. Depending on the kind of expenditure, fixed expenses are paid on a regular basis and may vary somewhat, alter dramatically, or remain constant.
Regular fluctuations in variable expenses might be caused by daily decisions you make. Variable expenditures, in contrast to fixed expenses, can be unpredictable and fluctuating, but that doesn't mean they aren't required; many necessities fall into this category.
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What type of policy does the federal reserve use to counteract an over-heated economy with demand-pull inflation? uizlet
A tight monetary policy refers to a central bank policy aimed at cooling down an overheated economy and features higher interest rates and a tighter money supply.
What does it mean when the economy is overheated?
When an economy's capacity for production cannot keep up with rising aggregate demand, the economy overheats. It is typically characterized by economic growth that is occurring at an unsustainable rate and is below average. Overheated economies are a common feature of boom times.
How do you stop an economy from overheating?
An additional method of slowing economic growth is via raising interest rates (monetary policy). Because higher interest rates encourage consumers and businesses to save more and spend less, this lowers the level of demand in the economy.
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How divisional wacc will be calculated for both exploration and production and refining?
Divisional WACC will be 8.13%
What is Divisional WACC?The divisional or project weighted average cost of capital (WACC) is the hurdle rate or discount rate used to evaluate divisions or projects that have a different risk than the company's overall risk, which includes all projects and divisions.
The weighted average cost of capital (WACC) measures a company's total cost of capital, including common stock, preferred stock, bonds, and other kinds of debt.
In theory, WACC indicates the cost of raising an additional dollar. A WACC of 5%, for example, suggests that the corporation must pay an average of $0.05 to obtain an additional $1. This $0.05 could represent the cost of debt interest or the dividend/capital return demanded by private investors.
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When estimating a sharpe ratio, would it make sense to use the average excess real return that accounts for inflation?
When estimating a Sharpe ratio, it makes sense to use the average excess real return that accounts for inflation the geometric return represents a compounding growth number and would inflate the annual performance of the portfolio.
As a rule of thumb, a Sharpe ratio above 0.5 is marketplace-beating performance if finished over the longer term. A ratio of one is top-notch and hard to attain over lengthy durations of time. A ratio of zero.2-zero.3 is in keeping with the wider marketplace.
In finance, the Sharpe ratio measures the performance of investment together with protection or portfolio as compared to a risk-unfastened asset, after adjusting for its risk.
It facilitates traders to perceive the threat level and changed the return rate of all mutual price ranges. This gives a clean image to the investors, and they get to recognize if the threat they take is giving top returns or not.
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A creative solution that is intended to be adopted by others and diffused to different settings is best described as a(n)?
A creative solution that is intended to be adopted by others and diffused to different settings is best described as an innovation.
What is the purpose of innovation?
The goal of innovation is to develop new concepts and tools that boost output and value while using the same input while increasing productivity.
Why is it important to innovate?
If you don't innovate properly, your firm will stagnate. Successful innovation enables you to add value to your enterprise so that you may boost profitability. Innovation keeps you one step ahead of your rivals. There are more rival enterprises than ever thanks to globalization and a market that is changing quickly.Learn more about innovation: https://brainly.com/question/16054260
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If congress increases taxes to balance the federal budget, then to prevent unemployment and a recession the fed will:______
If congress increases taxes to balance the federal budget, then to prevent unemployment and a recession the fed will buying bonds to increase the money
The first step in the yearly process is for Congress to enact a budget resolution that establishes a framework and overall spending caps. The Senate and the House of Representatives each prepare their own budget resolution in Congress, as is the case with the majority of its actions. Each chamber votes on the same resolution that combines the two ideas. The budget given for federal agencies is split among 12 subcommittees by the appropriations committees of each house. Each subcommittee is in responsibility of allocating funds to the agencies involved in various aspects of government spending, including defense, energy and water, interior, and environment.
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Why would a tax reduction thought to be temporary not increase present consumption spending and aggregate demand as much as expected
A tax reduction thought to be temporary would not increase present consumption spending and aggregate demand as much as expected B. Because people are preparing for the expected higher tax rate in the future.
What is a tax reduction?A tax reduction is a government program or policy that enables individuals and businesses to reduce their tax burdens or resolve their tax-related payments.
A tax reduction reduces the total taxable income and the tax liability and payments.
Some tax reduction programs include allowing charitable donations and granting tax credits for children, etc.
Thus, a temporary tax reduction may not increase consumer spending and aggregate demand as expected because taxpayers still expect to pay higher taxes in the future.
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Question Completion with Answer Options:A. Because tax changes do not change consumption spending and aggregate demand
B. Because people are preparing for the expected higher tax rate in the future
C. Because people might be anticipating deeper tax cuts in the future
D. Because a change in taxation would influence investment, not consumption spending
________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
Informational appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
Informational Appeals: What are they?It enables you to highlight the merits of the product and the advantages customers will experience after purchasing it. It is a powerful strategy for convincing people that they need and can use your product. Con: Informational ads may be tedious.What types of appeals are there?The city's mayor urged its residents to maintain their composure.We contributed to the school's annual appeal. She participated in the planning of an appeal for the homeless. My attorney advised that we seek an appeal because the court's ruling was incorrect.Learn more about Informational Appeals here:
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What are the considerations that a researcher should take into account when designing a questionnaire?
A good questionnaire should be valid, dependable, clear, concise, and engaging.
A questionnaire is distinguished by two primary goals. It must convert the information required by managers into a question format. Second, the questions must be written in a clear way that the respondents will understand and be willing to answer them.
Incomplete interviews rarely yield useful insights, so the researcher should strive to reduce respondent disengagement as much as possible. It is critical to design the questionnaire around a conceptual framework, examine each question for clear relevance and clarity, and consider the analysis you will conduct at the end of the day.
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The board of directors of fancy financials, inc. wants to review how management is using company assets. what would provide them with the information they seek?
Activity ratios provide them with the information they seek.
What Is an Activity Ratio?
A financial indicator called an activity ratio shows how effectively a company is using the assets on its balance sheet to produce revenue and cash.
What is a high activity ratio?
A company that has a high ratio either started out with little assets or is using every one of them very well. A low ratio indicates that capital is being tied up in assets too much and that assets are not being used properly to produce revenue.
Why is activity ratio important?
The assets' rate of conversion into sales is shown by the activity ratios. Activity ratios are useful tools for assessing a company's operational effectiveness since they demonstrate not only how well it generates revenue but also how well it manages the elements of its balance sheet.
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Describe some of the unique features of corporations, relative to other typical business forms
Features of the corporation are limited liability, unlimited life, separate legal entity, transferability of ownership, capacity to control, etc.
Organization are entities that are legal to perform a business, that has their very own rights and responsibility. The organization is a legal entity that has a separate prison entity from its proprietors, the organization is to be handled as someone. The difference between the employer and someone is that a business enterprise cannot vote, or vote as a man or woman.
Limited liability attribute –The stockholders have a restricted liability in the direction of the organization. limited liability implies that the stockholder can not be held answerable for the act and debt of the company. The separate legal entity way that a man or woman shareholder cannot act on behalf of the complete organization.
Perpetual life attribute -An employer has an endless existence, that is according to the going challenge principle of accounting. The agency does no longer capture to exist if the shareholder or any of its members dies. there's a regulation of succession that applies to the groups.
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When preparing for a night flight, what should an sUAS pilot be aware of after assembling and conducting a preflight of an aircraft while using a bright flashlight or work light?
What an sUAS pilot should be aware of after assembling and conducting a preflight of an aircraft while using a bright flashlight or work light: It takes approximately 30 minutes for a persons eyes to fully adapt to darkness.
Who is a pilot?A pilot is a person that fly an aero plane and to be qualify as a pilot the person must have all the necessary skills, must have meet all the requirement and must have undergone training before the person can be qualified to fly an aero plane.
Hence, what an sUAS pilot should be aware of after assembling and conducting a preflight of an aircraft while using a bright flashlight or work light: It takes approximately 30 minutes for a persons eyes to fully adapt to darkness.
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_______ consumers in the united states have increasing influences on mainstream u. S. Culture, and the buying power of this group is projected to reach $1. 3 trillion in 2015.
Hispanic consumers in the U.s. have an increasing influence on mainstream U. S. Culture.
What is the Hispanic consumer?Hispanic customers are more probable to encounter unique shopping actions, such as shopping online for the first time or buying from new retailers. Categories such as home furnishings and décor and apparel and accessories have moved Hispanics online for the first time to shop for these articles.
Successful Hispanic marketing movements take proper planning, rehearsal, and a profound understanding of the Hispanic market. By factoring in language choices, cultural values, compelling creative messaging, and target audience into account, your company can effectively position itself within the Hispanic market.
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If an economy's population grows at 3 percent and real gdp grows at 2 percent, then:________
If an economy's population grows at 3 percent and real gdp grows at 2 percent, then per capita real GDP is declining
What is GDP?Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complicated and subjective nature, this metric is frequently changed before it can be deemed a valid indicator.
Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.
Following a 6.9 percent gain in the fourth quarter of 2021, real GDP fell at an annual rate of 1.6 percent in the first quarter of 2022.
GDP is the sum of consumer expenditure (of households, NPISHs, and general government), gross fixed capital formation, inventory changes, and exports of goods and services, less the value of government debt.
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Stephanie's broker executes the limit order to buy 100 shares of a stock at $23.50 on august 12, 2020, a wednesday. when will stephanie obtain ownership of the 100 shares
Stephanie obtain ownership of the 100 shares on august 14, 2020.
What is shares?A share is a financial market unit used in mutual funds, limited partnerships, and real estate investment trusts. The term "share capital" refers to all of an enterprise's shares. The owner of company stock is a shareholder of the corporation.
A company's shares signify its ownership. When a person purchases stock in your company, they become a shareholder. Shareholders elect who manages a firm and participate in critical decisions such as whether a company should be sold.
Your share is the portion of something to which you are entitled or accountable. A share is when you are entitled to half of a property.
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When making decisions, once a supervisor has evaluated all the alternatives, he or she should _____.
When making decisions, once a supervisor has evaluated all the alternatives, he or she should choose and implement the best alternative.
Who is a supervisor in a company?
A supervisor is a person immediately behind management who is in charge of supervising and controlling how employees within a corporation carry out their assigned tasks. They specifically monitor the day-to-day operations of a small group, team, or department.
What are the main responsibilities of a supervisor?
The supervisor's overall responsibilities include communicating organizational needs, monitoring employee performance, offering direction and support, identifying areas for development, and managing the mutually beneficial relationship between staff and the organization to ensure that both parties succeed.
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