Answer:
Private ownership can make it possible for a business to earn money
Private ownership might help a person move to another economic class
Private ownership allows a person to own goods that may increase in value.
Explanation:
Private ownership is a type of system that allocates objects and things to a particular individuals to use and manage as they please, to the exclusion of others and to the exclusion of any detailed control by society. Legally, private ownership refers to the ownership of property by non-governmental legal entities. Financial benefits or loss,that may arise from the ownership of the property is left to the owner alone to manage.
Ownership is termed as the state or the fact that the owns the rights and the control over the property or the following asset of the firm or the corporate.
The correct options are:
Private ownership can make it possible for a business to earn money Private ownership might help a person move to another economic class Private ownership allows a person to own goods that may increase in value.
Private ownership is a type of system that allocates objects and things to a particular individual to use and manage as they please, to the exclusion of others and to the exclusion of any detailed control by society. Legally, private ownership refers to the ownership of property by non-governmental legal entities. Financial benefits or loss, that may arise from the ownership of the property are left to the owner alone to manage.
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When communicating significant deficiencies in internal control noted in a financial statement audit of a nonissuer, the communication should indicate that
Answer:
The report should state that the communication is intended solely for the use of management, those charged with governance, and others within the organization.
Explanation:
Such notice is important because it involves significant deficiencies in internal control which is the primary responsibility of management to handle.
For example, if an auditor reveals such information to those not charged with governance, and who are outside the organization he likely will face a backlash from the management.
Cultural convergence says that media companies will continue to produce messages for large audiences, but according to this view, audiences will more frequently receive what
Answer: Personalized messages which will be tailored to individual needs
Explanation:
Cultural convergence is a theory which simply implies that as two cultures interact together often, they will increasingly become somewhat similar as their arts, ideas, values will almost be thesame.
Cultural convergence says that media companies will continue to produce messages for large audiences, but according to this view, audiences will more frequently receive Personalized messages which will be tailored to individual needs.
The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
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The Buy America Act specifies that government agencies must give preference to American products when putting contracts for equipment out for bid unless the foreign products have a significant advantage.
a. True
b. False
What’s the missing step in setting up a Recurring Transaction in QuickBooks Online? 1.______________ 2. Select New and select the transaction type 3. Fill in the template name and select whether it’s scheduled, unscheduled or a reminder 4. Finish filling out the template
Answer: d. Select the Gear icon then Recurring Transactions
Explanation:
Quickbooks is an accounting software/service that helps small to medium businesses with their accounting.
In Quickbooks one can create a recurring transaction for things such as expenses.
To do so the very first step would be to go to settings ( gear icon) and then under lists, click the Recurring Transactions button.
To calculate ________ for a PPC campaign, you divide the total budget of the campaign by the number of customers who purchased something from your site.
Answer:
Cost of customer acquisition
Explanation:
Cost of customer acquisition is a term often used in business to describe the cost spent by a producer or supplier to acquire or win a customer to buy his or her goods and or services. For example, the cost of advertisements. It is measured over a customer lifetime value.
Hence, To calculate the Cost of Customer Acquisition for a PPC campaign, you divide the total budget of the campaign by the number of customers who purchased something from your site.
Within the relevant range, fixed costs ______. per unit become progressively larger as the level of activity increases remain constant in total regardless of changes in activity should not be expressed on a per unit basis when making decisions generally include rent and supervisor salaries
Answer:
The correct option is;
Remain constant in total regardless of changes in activity
Explanation:
In the field of Economics, fixed costs are costs that remain the same or does not undergo change when the quantity of produced goods or rendered service increases or decreases. Fixed cost are not dependent on the fluctuations in the level of produced goods and/or service.
Fixed cost are cost that are charged based on the duration of use of the facility, such as the rent paid for the factory premises.
Therefore, we have; within the relevant range, fixed costs remain constant in total regardless of changes in activity
ou decide to run a landing page experiment to test a new carousel which highlights your top performing products. Which two reports could you use to determine which products to highlight?
Answer:
Product Performance
E-Commerce Overview
Explanation:
Product Performance Report is the online instrument available to the consumers to interact with the product in the online market. It basically facilitates to record the performance of each product, as which is the maximum selling product or which the lowest selling product, etc:
E-commerce Overview report lays down the statistics of how many people actually visited to view the product vs. how many actually bought the product.
Accordingly both these tools shall help to highlight the products which perform the best. As both have the relevant data for the provided situation.
Too much focus on your organizational vision can lead to missed opportunities. __________ helps keep the company focused on ideas from the external environment.
Answer:
Strategic management
Explanation:
Vision is a kind of future imagination that a company desires and serves as a parameter for measuring a progressive growth. However . it could lead to missed opportunities if it does not accommodate flexibility , and this is why strategic management comes to play .
Strategic management entails a business to develop strategies that will guide it towards the creation of values for all stakeholders. The strategies should be able to analyse the internal and external environment for best decisions towards business growth.
Which is a steppingstone towards future education
A. A high school diploma
B. On the job training
C. Vocational courses
D. Technical courses
Answer:
a high school diploma or on the job training
Burt's company is in the process of developing what he feels is a complex and risky project. Burt has decided to use a development sequence in which functional areas consecutively complete their development tasks. That way each set of activities can be easily tracked. What type of development path is Burt using?
Answer: sequential
Explanation:
A Sequential product development is simply defined as a method used in designing and developing a product whereby every stage of the process will have to leads to the next stage as there won't be overlap.
Since we are informed that Burt has decided to use a development sequence in which functional areas consecutively complete their development tasks and that each set of activities can be easily tracked, it shows that the sequential development path is used.
The price of soft drinks increases. Which of the following is not part of the likely chain of events that follows from this price change? A. Producers of soft drinks increase their production of soft drinks. B. The manufacturers of soda−canning machines lay off some workers. C. Some consumers of soft drinks reduce their consumption of soft drinks. D. The demand for fruit juices increases.
Answer:
The correct answer is the option B: The manafactures of soda-canning machines lay off some workers.
Explanation:
On the one hand, all of the events presented in the text will happen after the price of the good increases. And that is because of the regular laws of the economy, for example, when the price of a good increases the supply of this one will increase as well and the demand of substitutes of the product will increase as well and the demand of it will decrease.
On the other hand, the manufactures of product that are substitutes to the good will increase its production due to the fact that now their product will be more demanded because the other good have just increased in price. So it is not possible that the manufactures of soda-canning lay off some of their workers.
Help me please please please
Answer:
1 ) $17.14
2) $41.8
3) $39.2
4) 12%
Explanation:
1-3) 100% is full. subtract the percent off by 100. For example #1 is 25%, we would 100% - 25% = 75%. then multiply the percentage by the price which is $22.85 x 0.75 = $17.14
same for the rest
4) use the formula
Discount = original price - selling price
$399 - $350 = $49
then use the formula
% = discount/original price multiply by 100%
$49/$399 which is 0.1228 then multiply it by 0.100 which is 12%
check your answer by 100 - 12 = 88 then 399*0.88 = 351.12
they round the price so it is $350
Williams Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility. These devices are all examples of
Answer: A) loss control.
Explanation:
Loss Control refers to any method used by a company to not only prevent loss by early detection of hazards that may lead to them but also to minimise losses if the hazard could not be stopped.
A smoke detector would for instance warn if a fire is detected so that it can be stopped and the sprinklers and fire extinguishers can be used to put out the fire once it does start.
The opportunity cost of attending college is likely to be highest for a high school graduate a. who is capable of playing a well-paid professional sport. b. who has access to student loans. c. whose family is extremely wealthy. d. who is very intelligent.
Answer:
d. who is very intelligent.
Explanation:
An opportunity cost refers to the opportunities that are sacrificed when choosing to take another opportunity. In this case, the opportunity cost would be highest on a high school graduate who is very intelligent. That is because instead of going to college they could use that time to take up another opportunity that would make them more money than a college education ever could.
Consider the equation for present value. if you wished to increase the present value of a future amount by changing only one variable, which of the following actions should you take?
a. increase the time period
b. decrease the future value
c. decrease the interest rate
d. this statement cannot be answered with the information provided
Answer:
C
Explanation:
The formula for calculating present value
= FV x (1 + r)^-n
FV = Future value
P = Present value
R = interest rate
N = number of years
To answer this question, let me illustrate with some examples
Scenario 1 :
FV = $100 r = 5% n = 1 PV = $95.24
Scenario 2 : increase the time period
FV = $100 r = 5% n = 2 PV = $90.70
Scenario 3 : decrease the interest rate
FV = $100 r = 4% n = 1 PV = $96.15
Scenario 4 : decrease the future value
FV = $90 r = 5% n = 1 PV = $85.71
We can see that it is in scenario 3 that the present value increased
What significances do you attached to Tom Brady’ Answer ""I don’t believe I cheated ""?
Answer:
Tom Brady was an innocent man who does not cheated anyone in his life from his action.
Explanation:
The statement "I don't believe I cheated" is seen more complex statement. This statement has various meanings. In this statement it is said that Mr. Brady is innocent man based on his statement. He never cheated anyone in his life. He self believed that he never cheated anyone in his life.
Whatever the action Mr. Brady and his team has been taken was right because they did nothing wrong with any one with their actions. But on the other hand if we see this statement can be prove that someone is guilty who cheated. It is may be proven that the new actions of Brady is guilty, may be he cheated which is proven from his eyes.
The president of Deal Corporation wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5 and was received by Boyd on June 9. The offer stated it would remain open until December 20. The offer:
Answer:
is valid until December 20, but it can be revoked by Deal any time before that date unless Boyd has accepted it.
Explanation:
An offer can be revoked by the offeror at any time as long as the following two conditions exist:
the offeror notifies the offeree that the offer is being revokedthe offeree has not yet accepted the offerWhat should be done with equipment that is at the end of its life cycle and that is being donated to a charity?
Answer:
C. Sanitize it.
Explanation:
Devices should be sanitized to ensure they do not contain any confidential data before they hit the end of their life cycle. Erasing CDs and DVDs is one of the sanitation processes but other device components, such as disc drives, must also be assessed to ensure confidential information is not included.
Trying to remove software licences or implementing the original software is not generally necessary unless it's needed by the sanitization process of the organization.
hence, the correct option is C. sanitize it
On average, households in China save 40% of their annual income each year, whereas households in the United States save less than 5%. Production possibilities are growing at roughly 9% annually in China and 3.5% in the US. Use graphical analysis of "present goods" versus "future goods" to explain the differences in growth rates.
Answer:
According to economic theory, economic growth depends largely on the rate of investment in the economy, which in turn depends on the rate of saving, because all investments must be financed by previous savings.
China's average GDP growth is much higher than American GDP growth, and while there are many other reasons for this, the difference in the rate of savings of household incomes in the two countries are part of the explanation.
Chinese households save a much larger percentage of their income than American households, meaning that they rate of growth of loanable funds for investments in China is higher than in the U.S., which boosts Chinese economic growth.
On August 1 of Year 1, a company paid $1,200 cash in exchange for an insurance policy that protects the company from loss due to fire for a one year term. Based solely on this information, how will the December 31, Year 1 financial statements be affected
Answer:
The statement of cash flows will show $1,200 outflow from operating activities.
The balance sheet will show $700 of prepaid insurance.
The income statement will show $500 of insurance expense.
Explanation:
Solely based on the information given above, the financial statements of the firm will show an insurance expense under the heads of current year for an amount of $500; whereas, the financial statements will show prepaid expenses of $700 in the assets side of the balance sheet as on December 31.
What is the significance of financial statements?Financial statements can be referred to or considered as statements that express the status of the financial position of a company on a given date during the financial year. It gets affected with one single transaction as well.
As per the accounting standards, an insurance expense for only the current year benefit, i.e., $500 will be recorded in the financial statements, whereas, the remaining amount of $700 will be forwarded to the next financial period as prepaid expenses.
Therefore, the significance regarding financial statements has been aforementioned.
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A firm's demand for labor is derived in part from Group of answer choices the value of the firm's stock price. the firm's sunk costs. consumer demand for the firm's product. worker preferences for jobs. the level of monthly union dues.
Answer:
consumer demand for the firm's product.
Explanation:
Derived demand is demand for a good or service as a result of the demand for another good and service. The demand for labour and factors of production is an example of a derived demand.
In order to produce a good or service, there is need for factors of production. Labour is one of the factors of production. Goods would only be produced as a result of people demanding for the good. If there is no demand for a good, firms would not produce the good and as a result there would be no need to demand for labour to help in producing the good
What kind of life insurance policy pays a specified monthly income to a beneficiary for 30 years and then pays a lump sum benefit at the end of that 30 years
Answer:
Family Maintenance Policy
Explanation:
A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person
After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy
Therefore according to the given situation, it represents the family maintenance policy
A top performer routinely arrives late to work. When questioned, rather than providing an explanation, she just says that she'll take a shorter lunch hour. Because of her performance, her manager allows this behavior to continue. Which risk does the manager take by failing to apply policy consistently
Answer:
the manager risks legal enquiry for unjust dismissal of other employees for lateness as well.
Explanation:
Irrespective of an employee's performance, good or bad, a manager has to company policy regarding any misdemeanour should be meted out as at when due. This will ensure and give other employees the sense of responsibility to assume and resume as at when due and that no one in the organization is above the law.
Cheers
A homeowner receives a tax bill that includes an amount for the police district, taxed at $2.50 per $1,000, and the fire protection district, taxed at $1.80 per $1,000. How much does the taxpayer have to pay for these two items if the property's taxable value is $77,000?
Answer:
$331.1
Explanation:
The property's taxable value are the financial worth attributed to a property by the tax authority , which serves as the basis on which tax returns are computed for such property.
Workings
Taxable value of the property = $77,000
Police district tax calculated at $2.5 per $1,000 = 77,000/1000*2.5 = 192.5
Fire protection district tax at $1.8 per $1,000 = 77,000/1000* 1.8 = 138.6
Tax liability due for payment = $331.1
Dr. Lifeson has taken a job consulting with Omega Inc. The managers at Omega want to know why employee morale is so low in their manufacturing division, and they want Dr. Lifeson to design the appropriate studies and collect the necessary data to answer that question. In which field is Dr. Lifeson most likely a specialist
Answer: Industrial/Organizational psychology.
Explanation:
Industrial or organizational psychologists are the people who use research methods and psychological principles to solve problems that occurs in the workplace and also help in improving quality of life.
They help in studying the productivity at workplace and working styles of both the management and employes. They also study company's morale and personality.
"A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value of the CD is shown as $99,800. This would occur because:"
Answer:
market rates have increased
Explanation:
Bonds as well as brokered CDs are priced depending on the market's interest rates for similar investments. For example, the CD pays a 3% interest, and then the market rate increases to 3.1% (or more), the CD's price will decrease. On the other hand, if the market rates decrease to 2.9% (or less), the CD's price will increase.
Adam has $200 to spend and wants to buy either a new amplifier for his guitar or a new cell phone. Both the amplifier and the cell phone cost $200, so he can only buy one. This illustrates the basic concept that:
Answer:
people face trade offs
Explanation:
Because wants are unlimited and the resources used to satisfy those wants are limited, people have to face trade offs. these trades off are opportunity costs.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
In this question, the wants are a cell phone or an amplifier. the resource is $200. If the amplifier is bought, the cell phone cannot be purchased. This is an example of a trade off
Cedarville Company pays its office employee payroll weekly. Below is a partial list of employees and their payroll data for August. Because August is their vacation period, vacation pay is also listed.
Employee Earnings to July 31 Weekly Pay Vacation Pay to Be Receive in Auguts
Mark Hamill $4,770 $290
Karen Robbins 4,070 240 $480
Brent Kirk 3,270 200 400
Alec Guinness 7,970 340
Ken Sprouse 8,570 420 840
Assume that the federal income tax withheld is 10% of wages. Union dues withheld are 2% of wages. Vacations are taken the second and third weeks of August by Robbins, Kirk, and Sprouse. The state unemployment tax rate is 2.5% and the federal is 0.8%, both on a $7,000 maximum. The FICA rate is 7.65% on employee and employer on a maximum of $128,400 per employee. In addition, a 1.45% rate is charged both employer and employee for an employee’s wages in excess of $128,400.
Required:
Make the journal entries necessary for each of the four August payrolls. The entries for the payroll and for the company's liability are made separately. Also make the entry to record the monthly payment of accrued payroll liabilities. Round all answers to 2 decimal places.
Answer:
accumulated to July 31 Weekly Pay Vacation Pay
Mark Hamill $4,770 $290
Karen Robbins $4,070 $240 $480
Brent Kirk $3,270 $200 $400
Alec Guinness $7,970 $340
Ken Sprouse $8,570 $420 $840
Entries for wages expenses:
Weeks 1 and 4:
Dr Wages expense 1,490
Cr Federal income tax withholdings payable 149
Cr FICA taxes withholdings payable 113.99
Cr Union dues withholdings payable 29.80
Cr Cash 1,197.21
Weeks 2 and 3:
Dr Wages expense 630
Dr vacation wages expense 860
Cr Federal income tax withholdings payable 149
Cr FICA taxes withholdings payable 113.99
Cr Union dues withholdings payable 29.80
Cr Cash 1,197.21
Entries for wages expenses:
Weeks 1, 2, 3 and 4:
Dr FICA tax expense 113.99
Dr FUTA tax expense 5.84
Dr SUTA tax expense 18.25
Cr FICA tax payable 113.99
Cr FUTA tax payable 5.84
Cr SUTA tax payable 18.25
Since taxes and other expenses are paid once a month, the journal entry to record their payment:
Dr Federal income tax withholdings payable 596
Dr FICA tax payable 455.96
Dr FICA taxes withholdings payable 455.96
Dr Union dues withholdings payable 119.20
Dr FUTA tax payable 23.36
Dr SUTA tax payable 73
Cr Cash 1,723.48
What refers to marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs
Answer: Online marketing
Explanation:
Online marketing simply means marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs.
It is also called internet marketing and through the internet, a brand or business can be promoted by using tools that will help the business drive leads, traffic, and sales.