The answer to part 1 is "The business ownership structure which would best serve the family is a limited liability company (LLC). It provides its owners with limited liability such as business debts, and It isn't taxed directly by the internal revenue service (IRS)."
The answer to part 2 is "Some insurance they could consider would be medical malpractice insurance, which provides protection against lawsuits brought by patients for medical errors or wrongful death."
When the company assigns factory labor costs to jobs, the direct labor cost is debited to.
Answer:
work in process inventory
The direct labor costs refers to the costs that is incurred by a company which has to do with the payment to the employees involved in the production activities of the company.
When a company assigns factory labor costs to jobs, then the direct labor cost is debited to the work in process inventory.
stock of ongoing projects .The term "direct labor costs" refers to expenses a business incurs related to compensating staff members who work in its manufacturing operations.
What do you know about factory labor costs?The sum of your company's expenditures on workers is, in essence, what is referred to as labor cost in the manufacturing sector. Hourly and salaried employee salaries are included in the total, along with employee taxes, bonuses, and additional expenses unique to the organization, including employee compensation plans.
A worker who performs skilled or unskilled work in a factory or mill, typically for a daily salary, and who is primarily involved in the production division is referred to as factory labor.
The percentage of labor costs as a percentage of the company's overall revenue for a given time period is known as the labor cost percentage. It represents how much the business spends on benefits and salaries.
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The fifth step of the financial planning process is to create and implement the financial action plan. What is involved in this process
Answer:
Developing an action plan that identifies ways to achieve your financial goals.
When flow rate goes up but wages per unit of time stay the same, how are costs of direct labor affected? Multiple choice question.
When money loses some of its value over time it is caused by:.
The impact inflation has on the time value of money is that it decreases the value of a dollar over time. The time value of money is a concept that describes how the money available to you today is worth more than the same amount of money at a future date.
Sophia used the Consumer Reports website to research an economical choice for a new washer and dryer for her apartment, and she trusted the information because the website was not affiliated with the sellers of these products. This is an example of which type of information source in the purchase decision process
The public source of information is used in the purchase decision process by Sophia.
What is a public source of information?A public source of information refers to a source of information of a non-confidential nature that are publicly available for all.
The public source of information are access through:
internet search means.information service subscription.materials created and sent to members of the public.In conclusion, the public source of information is used in the purchase decision process by Sophia.
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While the four Ps help us remember the basics components of the __________, they don't reveal all the components in the marketing process.
Despite that 4Ps helped to remember the basics components of the marketing mix, they do not reveal all the components in the marketing process.
What is Marketing 4Ps?The Marketing 4Ps is an economic model that enhances the components of a firm "marketing mix", that is, they enhance the way firm take a new product or service to market.
The Marketing 4Ps includes price, product, promotion and place.
However, the marketing mix does not reveal all the components in the marketing process.
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A pack of 24 pencils is more expensive than 12 pencils, but why could buying the 24 pack be the better deal?.
Answer:
There may be a lower price per pencil and it will last longer
Explanation:
Answer:
The price of each pencil, or the unit price, is actually cheaper in the 24 pack.
Explanation:
The controllable variables the company puts together to satisfy a target group are referred to as the:
Greg eats pizza every day of the week. The marginal utility of pizza will most likely ________ by the end of the week, and all else being equal, this demonstrates the law of ________.
Answer:
Greg eats pizza every day of the week. The marginal utility of pizza will most likely decrease by the end of the week, and all else being equal, this demonstrates the law of diminishing marginal utility .
company's _____ cash flows reflect whether its cash flows from business operations can cover its everyday cash outflows.
Answer:
A company's operating cash flows reflect whether its cash flows from business operations can cover its everyday cash outflows.
Explanation:
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Insurance policies are not drawn up through negotiations, and an insured has little to say about its provisions. What contract characteristic does this describe
The characteristics of a contract that's illustrated by the insurance is known as adhesion.
What is an insurance?It should be noted that an insurance simply means a form of protection against risk management.
In this case, the fact that Insurance policies are not drawn up through negotiations, and an insured has little to say about its provisions is known as adhesion.
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Which one of the steps in the selling process was represented when the insurance consultant reviewed the insurance package he had prepared with the customer
Answer:
prospecting is the first selling proses
Can someone give me any made up company name that I can use because I need some help with creating my business name for my project that I am currently working on. So I'd really love if you could help. Thank you and hope you all doing great.
In 2008, Cameron began his career with SBC. His starting salary was $32,000. By 2012, his salary increased to $35,000. If the CPI was 100.0 in 2008 and 107.5 in 2012, Cameron's 2012 real income is Question 40 options: $32,000.
Based on the CPI in 2008 and 2012, Cameron's 2012 real income is $34,400.
What is real income?The real income is the inflation-adjusted income. It is not the same as the nominal income.
For instance, Cameron's nominal income in 2012 is $35,000, but the inflation-adjusted (CPI) real income should be $34,400 based on his starting salary of $32,000 in 2008.
Data and Calculations:Starting salary in 2008 = $32,000
Salary in 2012 = $35,000
Consumer Price Index (CPI) in 2008 = 100.0
Consumer Price Index (CPI) in 2012 = 107.5
CPI adjusted salary in 2012 should be (real income) = $34,400 ($32,000 x 107.5/100.0)
Thus, based on the CPI in 2008 and 2012, Cameron's 2012 real income is $34,400.
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A telemarketing company set a series of sales goals for its employees. Every time employees reach one of the goals, they receive a bonus. Which type of reward is this
Based on the information given the type of reward is: Continuous reward.
What is Continuous reward?Continuous reward can be defined as the type of reward a person or an individual get each time or every time they perform well.
Based on the given scenario the type of reward given to the employee by the company is called continuous reward because the employee are given bonus each time they reach one of the company goals.
Inconclusion the type of reward is: Continuous reward.
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You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16. 5%. Using the adjusted balance method, what is your new balance?
The new balance of the credit card account using the adjusted balance method is $618.39.
What is the adjusted balance method?The adjusted balance method is a credit card accounting method that bases finance charges on the adjusted ending balance of the account.
This implies that the finance charge is computed on the amount the cardholder owes at the end of the current billing cycle after posting both credits and payments to the account.
Data and Calculations:Beginning balance $635
Purchases 75
Purchases 50
Payment (150)
Adjusted balance $610
Finance Charges 8.39 ($610 x 16.5% x 1/12)
Ending balance $618.39
Thus, the new balance of the credit card account using the adjusted balance method is $618.39.
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The Shoe Company had a $5,000 beginning balance in its inventory account. During the accounting period, inventory purchases amounted to $55,000. The ending inventory balance was $4,000. Based on this information, the cost of goods available for sale was ______.
Answer:
46,000 I substrate it with 5,000 and 4,000
The cost of goods available for sale was $56,000. "Cost of sales" or its abbreviation, "COGS," are other names for the cost of goods sold. The cost of items that are manufactured or bought, then sold, is referred to as COGS.
Why is it important to track COGS?COGS can be used to calculate a company's gross earnings or bottom line. A high cost of products sold could result in a low net income. A high COGS would indicate higher business expenses during tax season, lowering income taxes.
Given,
Opening stock = $5,000
Closing stock = $4,000
Purchase = $55,000
Required to Calculate COGS =?
COGS = Opening Stock + Purchase - closing stock
COGS = 5,000 + 55,000 - 4,000
COGS = 56,000
The cost of goods sold (COGS), which includes the cost of labor, materials, and manufacturing overhead, is the price of purchasing or producing the things that a business sells over a given period. As a result, only costs directly related to the production of the goods are included in the metric.
Thus, the cost of goods available for sale was $56,000.
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Batini goes to an appliance store to purchase a refrigerator. After comparing the technical features, prices, and durability of the various brands of refrigerators available, she purchases the cheapest and smallest in size. In this case, Batini has purchased a _____.
In this case, Batini has purchased a shopping product.
What is shopping product?Shopping products can be defined as the products or items or products a consumers purchase less regularly and buyer of this product tend to buy this product after comparing the features, cost with other products by choosing the less costly products.
Consumers who buys shopping product often need time and effort to decide on either to buy the product or not as the consumer compare different available product based on the costs and features.
Inconclusion In this case, Batini has purchased a shopping product.
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A collection of individual vendors who come together in a location on a specific day to offer goods and services is a
Answer:
A market system
Explanation:
All powder laundry detergent is packaged in small 2 oz. packets so it will be more affordable for low-income consumers. All detergent convenience packets are small enough to be sold in vending machines to make them handy for students on a tight budget living on campus. This is an example of:________.
a. age segmentation
b. ethnic segmentation
c. gender segmentation
d. income segmentation
The type of unemployment most likely to result in hardship for the people who are unemployed is.
Answer:
The correct answer is probably B.
Explanation:
The correct answer is probably B because structural unemployment requires retraining to acquire new job skills.
How many hours can you work part-time and still collect unemployment?.
Answer: To be eligible for partial benefits, you must work at least 80% of the hours required for the employment. If you worked a 40-hour week, for example, you won't be eligible for benefits if you work more than 32 hours.
Explanation: See above.
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50 Points
What kind of relationship is displayed in the supply curve? The supply curve depicts that the
A. price
B.quality
C.quantity
and supply have a/an
A.indirect
B. direct
C. lagging
relationship.
Answer:
either A, C ( unless this is multiple choice then both.)
Explanation:
The supply curve depicts the supplier's positive relationship between price and quantity.
The supply curve is displayed in the relationship between the cost of goods and the quantity supplied. Therefore option C is correct.
What is a Supply chain?A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the final product to the customer.
Every step taken to provide a finished good or service to the consumer is included in the supply chain. A distribution center or retail location may be where the final items are delivered to the customer once the raw ingredients are sourced, moved to manufacture, and transported there.
When a company receives a client order, the supply chain gets going. Product development, marketing, operations, distribution networks, financing, and customer service are therefore among its core duties.
Effective supply chain management may reduce a company's total expenses and increase profitability. It can be expensive and have an impact on the remainder of the chain if one link fails.
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The Nickells Advertising Agency assigns a team of individuals to work on a client's advertising campaign. When the project is completed, each of the team members will be assigned to new teams pulled together for new campaigns. The Nickells Advertising Agency has a __________ structure.
a. functional.
b. matrix.
c. divisional.
d. network.
according to my knowledge it is B
HELP PLEASE DUE IN 30 MIN ASAP I will give Brainliest...Think of examples of new words that have been made up in your lifetime. Think of words whose meanings have changed over time. Why do we change the meanings of words? Who benefits? Who loses? Offer a Biblical perspective on choosing our words and how our words impact others.
Hi! I'm not really sure what "have been made up in your lifetime" mean, so I'm just gonna assume that it means words that have been created in your generation
Examples of new words: Meme, jegging
Examples of words with changed meanings: Silly (original meaning: blessed with worthiness), leech (original meaning: doctor)
The meaning of the words change over time because new generations lead to new ideas
Who benefits: The newer generations because they can communicate easily with newly made slangs, etc.
Who loses: The older generations because they have would then have absolutely no idea what the newer generations are talking about
(Example: Person 1: Woah that skateboard is sick!
The guy from the 1700s: No it's not. It's a skateboard, are you mental?)
and i'm not sure about the biblical perspective, sorry about that
anyways, hope this helped !
True or false: Under no circumstances will a shareholder who has shares redeemed be able to treat the stock redemption as an exchange unless the shareholder meets the bright line change-in-stock-ownership tests.
Answer:
False
Explanation:
The not essentially equivalent to a dividend test is still available
True or False: The production function becomes steeper as the number of hours spent fishing increases.
It is true that the production function becomes steeper as the number of hours spent fishing increases.
What is production function?Production function is what relate physical output of a production process to physical inputs or factors of production.
It should be noted that at higher levels of production, firms require fewer inputs to increase production by the same amount.
Hence, It is true that the production function becomes steeper as the number of hours spent fishing increases.
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A small number of lizards from a mainland population have been deposited on four isolated islands because of the effects of a rare strong storm. Which of the following best predicts the outcome of these lizards reproducing for many generations on the islands?
a. Courtship rituals specific to each island lizard species prevent the lizards from interbreeding.
b. Speciation results from bottleneck events that happened before the ancestral species reached the islands.
c. The different species that currently exist are the result of hybridization between lizards from different islands.
d. The isolation prevents gene flow; thus, the lizards on different islands experience prezygotic isolation.
The isolation prevents gene flow; thus, the lizards on different islands experience prezygotic isolation.
What is reproduction isolation?Reproduction isolation is the inability of related species to breed due to geographical or genetic differences
Prezygotic isolation is a type of isolation that occurs before the formation of a zygote can take place. Examples are behavioral and temporal isolation.
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Which of the following team members would not be involved in the design of gameplay?
Mario was laid off two months ago. He has not searched for other work because he is expecting to be recalled to work. In the U.S. labor force statistics Mario is counted as
Answer:
Not much information to go off
Explanation:
This is hard to answer since there is no information about the state of the economy. If the economy is doing poor and that is his reason for unemployment, he is cyclically unemployed.
If he is just waiting for his job, he is frictionally unemployed because he is between jobs.
If you are not looking for a specific type of unemployment, he could be classified as not part of the labor force as he is not looking for a job.