collections from customers does not appear on a statement of cash flows prepared by the indirect method.
What are collections from customers?A business uses the term collections to refer to money owing to that business by a consumer. When a consumer fails to pay the company within the periods stated, the bill becomes past due and is sometimes turned over to a collection agency.
the act or activity of gathering; data collection; tax collection anything specially gathered: a collection of artifacts amassed for the purpose of study, comparison, or exhibition, or as a hobby a collection of poems a group of photographs a collection of baseball cards
A collection is defined as a gathering of goods or people grouped together. A collection could be anything like someone collecting 500 baseball cards.
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The operation of buildings, including landscaping, accounts for ____ of total water use in the united states.
The operation of buildings, including landscaping, accounts for approximately 47 billion gallons per day—12% of total water use.
Building operations include the construction of a building, structural alterations, repair or maintenance (including painting, redecorating, and exterior cleaning of the structure), demolition of a building, and the preparation for and laying of a building's foundation. They do not, however, include any operations that are considered works of engineering construction under the terms of this Act.
Construction, structural modification, repair, or maintenance of a building or any appurtenance thereof (including repointing, redecorating, and external cleaning of the structure), demolition of a building or any appurtenance thereof, and preparation for and laying the foundation of an intended building or any appurtenance thereof are all considered to be building operations.
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What model asserts that organizations ought to be concerned with the interests of many different individuals and groups and not just shareholders or stockholders?
Stan Deetz's Multiple Stakeholder Model asserts that organizations ought to be concerned with the interests of many different individuals and groups and not just shareholders or stockholders.
Who are Stakeholders?A stakeholder has an interest in a firm and has the potential to influence or be affected by its operations and performance.Investors, employees, customers, suppliers, communities, governments, or trade groups are examples of typical stakeholders.Stakeholders in an entity can be either internal or external to the company.One form of stakeholder that businesses need to be aware of is shareholders.In some circumstances, the general public may also be considered a stakeholder.A stakeholder is a party with an interest in a business who may have an impact on or be affected by that firm. Investors, employees, clients, and suppliers make up the majority of the stakeholders in a typical firm.To know more about Stockholders with the given link https://brainly.com/question/23842144
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What is the journal entry to recognize gross profit when revenue is recognized upon completion of a long-term construction project?
Debit: Construction in Progress, Debit Cost of Construction
Credit: Revenue from Long-Term Contract
What is a Journal Entry?A journal entry is an act of maintaining or producing records of any economic or non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry can be made up of many records, each of which is either a debit or a credit.
What is included in a Journal Entry?One critical aspect of journal entries is that they must have sufficient information to accurately depict the actual transaction. Instead of just having account balances, we can go back and look at journal entries to determine what happened and whether anything was entered erroneously.
A journal entry includes the following elements:
The transaction's dateThe account name and number for each affected accountThe credit and debit balancesA reference number that acts as the transaction's unique identification.A synopsis of the transactionTherefore Journal entry in the given situation is as follows:
Debit: Construction in Progress, Debit Cost of Construction
Credit: Revenue from Long-Term Contract
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What factors are used in the rule-of-thumb methods to determine the communication budget?.
Prior sales and communication activities
To determine the current communication budget, rule-of-thumb methods use prior sales and communication activities. These methods are simple to implement, but they do have some limitations.
What is rule-of-thumb?A rule-of-thumb is a heuristic guideline that gives simplified counsel or a fundamental rule-set for a certain subject or course of action. It is a broad principle that provides specific directions for completing or performing a task. Generally, rules of thumb emerge from practice and experience rather than scientific study or a theoretical underpinning.
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In the context of international dispute resolution, conciliation is also known as?
In the context of international dispute resolution, conciliation is also known as mediation. Primary distinction between conciliation and mediation proceedings is that the parties will occasionally request non-binding settlement suggestion from the conciliator during the conciliation. A mediator, on the other hand, will typically and on principle avoid offering such a suggestion.
Conciliation is voluntary process in which the parties are free to decide to try and settle their disagreement through conciliation. The method is adaptable and enables parties to specify length, format, and substance of the conciliation processes. In mediation, parties will ultimately decide whether to reach a solution.
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Suppose you transfer $500 from your savings account to your checking account. with this transaction, m1 _____ and m2 _____.
Suppose you transfer $500 from your savings account to your checking account. with this transaction, m1 decreases, and m2 stays the same.
A savings account is interest-bearing savings account at a bank or other financial institution. These accounts typically pay modest interest rates, but their security and reliability make them a great option for storing the cash you need for short-term needs.
There are some limits on frequency, but they are generally very flexible and ideal for building an emergency fund, saving for short-term goals like buying a car or vacation or simply saving excess cash. target. No need to sweep to your checking account so you can earn more interest.
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What is the overall process for developing information systems from planning and analysis through implementation and maintenance?
The SDLC is the overall process for developing information systems from planning and analysis through implementation and maintenance.
Therefore, maintenance modifies an existing system, enhancement adds functionality to an existing system, and development replaces an existing system. This is an important part of system development and includes activities to correct system design and implementation errors, update documentation, and test data.
Systems development is the process of defining, designing, testing, and implementing new software applications or programs. This may involve developing custom systems in-house, creating database systems, or acquiring software developed by third parties.
Information system development consists of six key phases: system survey, needs analysis, design, implementation, testing, modification, and maintenance.
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Inventory cost flow assumptions can be used to assign dollar amounts to?
Inventory cost flow assumptions can be used to assign dollar amounts to ending inventory and cost of goods sold. As per inventory cost flow assumption, an inventory item's cost varies depending on when it is built or purchased and when it is sold.
Management requires formal mechanism for allocating expenses to inventory as they develop into sellable commodities due to this cost disparity. The cost flow hypothesis may or may not correspond to actual flow of products. Instead, cost flow estimate that differs from real usage is acceptable. Businesses typically choose cost flow assumption that either reduces or maximizes earnings.
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How would the break-even period in this scenario change if you lived in another state? research another state’s minimum coverage requirement and calculate the break-even period you calculated above for that state’s minimum coverage requirements. assume that all other variables (premium, deductible, etc.) are the same. specify the state you researched and its minimum coverage requirements in your answer.
What is meant by break-even period?
In business accounting, the break-even point refers to the amount of revenue necessary to cover the total fixed and variable expenses incurred by a company within a specified time period
To calculate the break-even point in units use the formula:
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.
What are insurance requirements?
Insurance Requirements — the part of a commercial contract in which the types and minimum amounts of insurance the parties agree to provide in connection with their performance of the contract are specified.
What is break-even period in business?
A break even point is used in multiple areas of business and finance. In accounting terms, it refers to the production level at which total production revenue equals total production costs. In investing, the break even point is the point at which the original cost equals the market price.
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Decatur licensee Alistair is working with buyer Evie as a transaction broker. According to Georgia law, Alistair may only perform ministerial acts for Evie, which are ______.
Decatur licensee Alistair is working with buyer Evie as a transaction broker. According to Georgia law Alistair may only perform ministerial acts for Evie, which are Administrative actions that don't rise to the level of client-level representation
More about Decatur licensee:
Every business is not required to have a business license by the City of Decatur. However, some enterprises are subject to the City Code's licensing requirements. The Finance Department is responsible for the majority of licensing tasks.
Additionally, licensing is responsible for maintaining the Macon County Pet Registration System, processing payments for pier permits, boat registrations, and duck blind rentals, as well as other licenses and permits. The license fee is determined by the type of business and the anticipated gross sales for the licensing year. The City of Decatur's license year coincides with the calendar year.
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For quantities occurring before the marginal cost curve and average total cost curve intersect, the average total cost curve will be:_______
The marginal cost curve cuts the average cost curve only at its minimum point because it is only here that MC = AC.
The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics. It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others.
The marginal cost is the slope of the total cost or the rate at which it rises with output, to be measured in dollars per unit while total cost is shown to be in dollars. The difference between average cost, which is the entire cost divided by the number of units produced, and marginal cost is the latter.
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Bp's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limited
BP's expansion plans were reduced, and its ability to compete with other large multinational oil companies like Exxon Mobil and Shell became limited.
BP (British Petroleum) is an integrated oil company which is headquartered in London, United Kingdom. This company is mainly involved in exploring and developing oil and natural gas sources.
BP's competitors were Exxon Mobil, Shell and many other large multinational oil companies. Thus, because of this competition BP's expansion plans were reduced, and its ability to compete with other large multinational oil companies became limited.
Hence, BP also failed to go beyond Petroleum.
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__________________________ address the problem of economic growth by continually striving for a more educated workforce that can create, invest in and apply new technologies
Technological leaders address the problem of economic growth by continually striving for a more educated workforce that can create, invest in and apply new technologies.
Technology is the result of accumulated knowledge and the application of skills, methods and processes used in industrial production and scientific research.
Technology is the way scientific knowledge is applied to practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made).
Technology is changing the world with the introduction of tools such as the Internet and e-mail for communication, word processing, spreadsheets and presentations for office productivity, electronic databases for record keeping, robots and artificial intelligence. It has evolved and shaped our workplace. automation.
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This is marketing which best describes the relationship between marketing and advertising?
Advertising is a component of marketing.
Advertising is the method of figuring out customer desires and determining how great to meet those desires. In comparison, advertising and marketing are the workouts of promoting an organization and its services or products thru paid channels.
Here are some similarities between marketing and advertising: they have got similar desires to increase client attention and, in the long run, patron income. in addition, each has a goal to sell a product or service.
Advertising and marketing is a particular marketing communique interest that falls under the "promotion" detail of the traditional advertising blend -- also known as the four PlayStation of product, price, place, and promotion. sales is a broader function that's concerned with all 4 elements of the advertising and marketing blend.
The truth of the problem is, while you observe the basic functions of income and advertising teams, it comes all the way down to this: advertising is accountable for developing methods, at the same time as salespeople are chargeable for implementing strategy.
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The text states, "the committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market…." why would the committee raise the federal funds rate as the labor market improves?
Answer:
Raising the federal funds rate decreases inflation because raising the federal funds rate increases the interest rates that banks charge each other for loans. Therefore, banks are less likely to take out loans to replenish their reserves. To keep their reserves at the required ratio, banks will lend less money.
Explanation:
Mia has monetary assets that total $2,500 and annual living expenses that total $12,000. what is her emergency fund ratio?
Mia has monetary assets that total $2,500 and annual living expenses that total $12,000 her emergency fund ratio is 2.50
Calculation of emergency fund ratio:
Formula;
Emergency fund ratio = Cash & cash equivalents / monthly non-discretionary expenses
Now put values in the formula;
Emergency fund ratio = $2,500 / $1,000
Emergency fund ratio = 2.50
The emergency fund ratio, or liquidity ratio, is a personal finance ratio that measures a household's ability to cover expenses from assets that can be easily converted to cash.
Calculated by dividing the household's total current assets by the household's total monthly expenses.
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A company buys equipment for $48,000, expects to use it for ten years, and then sell it for $6,000. using the straight-line method, the company should report annual depreciation for the equipment of?
Using the straight-line method, the company should report annual depreciation for the equipment of $4,200.
Given,
A company buys equipment for $48,000 expects to use it for ten years, and then sell it for $6,000
The formula to calculate annual depreciation is given below-
Annual depreciation = (Original cost - salvage value) / Estimated life(years)
Annual depreciation = ($48,000 - $6,000) / 10
Thus, annual depreciation = $4,200
A standard yearly rate at which depreciation is charged to a fixed asset is called annual depreciation. Thus, to calculated depreciation the straight-line method is used. Where you need to subtract the asset's salvage value from its cost.
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Job code and pay grade are job description components noted in the _____ section.
Job code and pay grade are job description components noted in the identification section.
What is Job?a piece of work, specifically a specific duty completed as part of one's job routine or for a fee:
A job is defined as the labor you do to make money. Working at a gas station is an example of a job. A job is described as a place where you go to earn money. Your office and the people you deal with every day are examples of your job.
Job kinds let you categorize your tasks and processes. Although all tasks differ in some respects, commonalities can typically be isolated and standardized. Job categories allow you to group together comparable types of tasks.
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Whereas ________ business embodies individualism, achievement, competition, and informality, ________ business stresses collectivism, continuity, cooperation, and formality
Whereas American business embodies individualism, achievement, competition, and informality, Mexican business stresses collectivism, continuity, cooperation, and formality.
American business is a business of entrepreneurship, and corporations, together with responses by consumers, critics, and government.
In broader context, it is a major part of the Economic history of the United States which focuses on specific business enterprises.
Mexico is expected to continue to be a drawing for the industry of mobility. Successfully doing businesses rely heavily on understanding Mexico’s unique business culture.
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How would inflation in china affect the competitiveness of its goods in global markets?
Inflation also influences the ratio of Chinese household debt to gross domestic product (GDP), which jumped to 61.6 per cent last year from 17.9 percent in 2008, a situation made worse by the pandemic.
Business competitiveness:If one country has a much higher rate of inflation than others for a considerable period of time, this will make its exports less price competitive in world markets.
Inflation is a financial risk that investors take on when they invest internationally. While efforts can be made to increase liquidity during times of crisis, inflation can strongly influence bond prices and equities to a lesser degree.
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From the list that jill made for a shopping trip to the grocery store, she could recall only the items in the beginning and in the end of a list. this is an example of:_______
this is an example of semantic memory
What is semantic memory?Semantic memory refers to general world knowledge collected by humans over the course of their lifetimes. This general knowledge is influenced by experience and culture.
You are using semantic memory when you know what an object is, the name of a color, or the name of the president. Semantic memory is critical for children and students since it allows you to recall the facts that you are learning and being evaluated on.
Semantic memory is conscious long-term memory for the world's meaning, understanding, and conceptual facts. Semantic memory is one of two types of explicit, conscious, long-term memory, which is memory that may be recovered into conscious awareness after a considerable delay (from several seconds to several minutes).
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One of the most important parts of a broker’s job is keeping track of trust funds received and disbursed. this requires accurate __________ be maintained at all times.
One of the most important parts of a broker’s job is keeping track of trust funds received and disbursed. this requires accurate journals to be maintained at all times.
What are journals?Journals are scholarly literature that is not designed for the ordinary audience but for technical purposes and technical professionals. By keeping a journal a person keeps all the details handy.
Thus, keeping track of the receipt and distribution of trust funds is one of the most crucial aspects of a broker's job. For this, complete journals must be kept at all times.
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Why are firms from emerging economies so eager to expand from their home markets?
A major importance of doing business in a number of international locations is that your organization can be insulated from those us and downs. If profits are down in one vicinity, some other department of your company may make up for those losses.
Emerging markets often evolve from exporting to evolved countries due to the demand for his or inexpensive labor and products. emerging markets can also evolve from domestic demand due to a huge population, then start to export items and offerings.
Rising-market stock prices appear appealing while as compared to estimates of what businesses are clearly worth (based on measurements like earnings and coins drift)—both in comparison to home markets and international developed markets, while offering an attractive dividend yield.
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Which techniques improve economies of scale? select all that apply. select all that apply:
techniques to improve economies of scale are -
A cost that has inputs that increase or decreases is referred to as variable cost.The variable cost includes raw materials as inputs and it Increases or decreases with the production volume.Unlike fixed cost, it does not remain fixed but rather responds to the changes in a firm's production levelEconomies of scale occurs when a firm is able to increase production by decreasing the average cost involved to produce a product.Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
In microeconomics, economies of scale are the cost advantages that firms derive from their scale of operations, usually measured in terms of output per unit of time. Reduced cost per unit of output enables greater scale
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When managing broker donald died suddenly, who took over the brokerage trust accounts?
Death is unavoidable in life—and in financial planning. When a brokerage account holder dies, many firms have trained staff and resources to assist the living with estate matters such as how account assets will be distributed to heirs and beneficiaries.
While specific procedures differ, brokerage firms generally follow a fairly consistent process for transferring account assets to an account holder's heirs and beneficiaries. Here are some things to expect after notifying a firm of an account holder's death, which should be done promptly. The commission shall take custody of each trust account and may appoint a successor trustee to safeguard and distribute the account's proceeds.
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Gross domestic product (gdp) increases if prices decrease by ________ and quantities produced increase by ________.
Gross domestic product (GDP) increases if prices decrease by (C) 2 percent and quantities produced increase by 4 percent.
What is Gross domestic product (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 complexity and subjectivity, this metric is frequently changed before being regarded as a credible indication. Rising GDP means more employment will be created, and workers will be able to earn higher pay raises. If GDP falls, the economy shrinks, which is bad news for firms and people. A recession occurs when GDP falls for two quarters in a row, which can result in pay freezes and job losses.Gross domestic product (GDP) rises when prices fall by 2% and output rises by 4%.Therefore, gross domestic product (GDP) increases if prices decrease by (C) 2 percent and quantities produced increase by 4 percent.
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The complete question is given below:
Gross domestic product (GDP) increases if prices decrease by ________ and quantities produced increase by ________.
(A) 4 percent; 2 percent
(B) 3 percent; 1 percent
(C) 2 percent; 4 percent
(D) 3 percent; 3 percent
(E) 2 percent; 2 percent
Target costing sets costs based on the price that customers are willing to pay.
a. true
b. false
It is False that Target costing sets costs based on the price that customers are willing to pay.
Because target costing estimates product cost by subtracting a desired profit margin from a competitive market price. As the target cost makes reference to the competitive market, it is fundamentally customer-focused and an important concept for new product development.
Costing is any system for assigning costs to an element of a business.
Competitive is most commonly used to describe a person who has a strong desire to compete and win.
Development is the act, process, or result of developing the development of new ideas an interesting development in the case.
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A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the u. s. economy is?
A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the US economy is the federal funds rate.
An interest rate tells you ways excessive the price of borrowing is, or high the rewards are for saving. So, in case you're a borrower, the interest fee is the amount you are charged for borrowing cash, shown as a percent of the entire quantity of the loan.
As RBI hiked repo charge, FD quotes are anticipated to rise in 2022 and 2023. Banks and other NBFCs have already started steadily raising FD quotes after RBI made it clear that repo prices will exchange.
As interest rates circulate up, the cost of borrowing turns extra high-priced. because of this demand for decrease-yield bonds will drop, inflicting their fee to drop. As hobby prices fall, it becomes easier to borrow money, and lots of agencies will trouble new bonds to finance growth.
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Compared to past decades, today’s workers should expect to have a _____ psychological contract with their employers
Compared to past decades, today’s workers should expect to have a Horizontal psychological contract with their employers.
The psychological contract involves an unspoken agreement that occurs between supervisors, workers or employees and other individuals at work. Horizontal psychological contract focuses on social relationships between individuals working together for a considerable period of time outside a formal hierarchical relationship.
For instance, a horizontal psychological contract are team members working closely together in a long-term project to achieve a challenging goal by supporting and respecting each other’s contribution to the project
Hence, the psychological contract between employer and employee has changed over the past few decades because of globalization and major advances in technology.
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Meg invested $16,000 in a savings account. if the annual interest rate is 6%, how much will be in the account in 5 years for quarterly compounding? round your answer to two decimal places.
Meg invested $16,000 in a savings account. if the annual interest rate is 6%. In 5 years for quarterly compounding is $ 21,549.68.
What is interest rate?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.The interest rate over a year is known as the annual interest rate.Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.What is saving account?An account in a retail bank is a savings account. Common characteristics include having a finite number of withdrawals allowed, not having check or connected debit card facilities, having few transfer choices, and not being able to become overdrawn. Savings account transactions were typically recorded in a passbook in the past, hence the term "passbook savings accounts," and bank statements were not typically supplied. Nowadays, same transactions are typically recorded electronically and are available online.Learn more about interest rate here:
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