When she determined to set her share of communication expenses at 4 percent of sales, it is an example of the use of the competitive parity method.
Competitive parity refers to when one want to achieve standard or average results as compared to others in your industry or within one's firm.
Here, because the firm’s sales have increased to 4%, she decided to set her share of communication expenses at 4% of sales
It is obvious she is acting because of the movement of internal situation (increase of firm's sales)
Thus, the scenario of method is definitely known as Competitive parity.
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Which among the 4 common errors that leads to unbalanced account is the HARDEST to resolve. Explain Why.
The common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication.
In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.
Generally, the recognized type of errors in accounting includes:
Error of Original EntryError of DuplicationError of OmissionError of Entry ReversalError of Principle Error of CommissionTransposition ErrorsRounding Errors etcIn conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication because they are easy to correct.
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Which statement best describes the relationship between credit and debt
when you use a credit card?
A. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
C. Your credit stays the same as you lower your debt.
D. Your debt increases as you use your credit card more.
Answer:
D
Explanation:
it is D because it shows the mention use.as the question did
When Ms. McConnley is ready to check out, she informs Samra that she does not have any cash to pay her $25 copayment. How should Samra respond?.
Samra should react professionally and sympathetically in the event that a patient, like Ms. McConnley, is unable to pay the $25 copayment.
Samra might approach the matter in the following manner:
Remain Calm and Empathetic: Speak to Ms. McConnley patiently and with an understanding of her predicament.Offer Alternative Payment Options: Mention any accessible payment plans or assistance programs, as well as alternative payment options like credit/debit cards.Ask whether she may postpone the payment due to anticipated short-term financial problems. Discuss Delayed Payment.Communication with Supervisor: If necessary, seek guidance from a supervisor, especially if the circumstance calls for special treatment.Note the Interaction: Detail the talk, any agreements, and any subsequent actions in detail in the patient's chart.Respect patient privacy by handling sensitive information discreetly and securely when recording.Share contact information with the billing department or patient financial services to get more information about payment plans and financial aid.Hence, maintaining empathy, looking for solutions, and professionally recording interactions when dealing with Ms. McConnley's condition all contribute to a patient-centered approach and accurate record-keeping for efficient healthcare administration.
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#SPJ12
The given question is incomplete; below is the full question.
How should Samra handle the situation with Ms. McConnley? When Ms. McConnley is ready to check out, she informs Samra that she does not have any cash to pay her $25 copayment. How should Samra respond? When Ms. McConnley is ready to check out, she informs Samra that she does not have any cash to pay her $25 copayment. How should Samra respond? Is it necessary for Samra to make any notations in the patient’s chart?
Trudy’s monthly expenses are outlined in the chart below. Trudy’s job pays her $36,000 annually. Determine Trudy’s DTI (debt-to-income) ratio. Trudy's Debt and Income Income: $36,000 (annually) Rent: $695 (monthly) Car Payment $265 (monthly) Student Loan $200 (monthly) Credit Cards $160 (monthly) a. 28% b. 35% c. 37% d. 44%.
Trudy's Debt-to-income ratio is 44%.
Debt-to-income ratio is an example of a debt ratio. It measures the ability of income to cover debt.
Debt-to-income ratio = debt / income
Total Debt = monthly debt x 12
Monthly debt = rent + car payment + student loan + credit cards
$695 + $265 + $200 + $160 = $1320
Total Debt = $1320 x 12 = $15,840
Debt-to-income ratio = $1320 / $36,000 = 0.44 = 44%
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How do we minimize short run cost and maximize short run profits?
what kind of potatoes are best for mashed potatoes?
What is the marketing objective for the introduction stage of the product life cycle?.
The marketing objective for the introduction stage of the product life cycle is to create consumer awareness and encourage the first purchase of the new product.
The product life cycle can be understood as the phases that a product goes through from its introduction on the market, until the product is withdrawn from the market.
There are four stages in the product life cycle, they are:
IntroductionGrowthMaturityDeclineTherefore, the introduction is the first stage of the product lifecycle, in this phase marketing will focus on stimulating the experimentation of the new product available for sale, through advertising and promotion.
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While developing a new product, in the product development stage, the first versions of products are used in further consumer testing. These first versions of products are called
In the product development stage, the first versions of products that are used while developing a new product and in further consumer testing are called: prototypes.
A product life cycle can be defined as the stages (phases) that a particular product goes through, typically from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) main stages in the product-life cycle;
Introduction.Growth.Maturity.Decline.A prototype can be defined as the the first versions of products that are manufacture and used while developing a new product and in further consumer testing.
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Which of the following explains how the growth of a market-based economy in the united states in the early 1800s most directly influenced changes in gender roles?.
The growth of an economy in the early 19th century influenced American society by causing changes in gender roles. Women dedicated themselves to the home and men to work outside the home.
The market economy is an economic concept that refers to the economic system in which the free market and private property are the fundamental parts of the trade.
The market economy is related to the capitalist system that took hold since the 19th century. At that time, factories and service companies needed more qualified labor, so men needed to leave their homes to work for companies.
On the other hand, due to the roles historically assigned to women, they could not access education and were therefore not qualified to obtain work in companies. Additionally, they had to stay at home and dedicate themselves to housework because the man was the one who brought the money to the house.
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NYSE MARKET DIARY
Yesterday Prev. Day
Advanced 577 827
Declined 1963 1757
Unchanged 455 388
Total Issues 2995 2972
New Highs 10 13
New Lows 91 78
Based on the information presented for both days, a technical analyst would conclude that the market:
A. is in a consolidation phase
B. breadth indicates a strong bullish trend
C. breadth indicates a strong bearish trend
D. is peaking and will soon enter a downturn
Which sentence describes an incident report? A. Ginger writes a report requesting her manager to purchase new desk chairs. B. Gillian writes a report evaluating the performance of a conveyor belt at a plant. C. Stefania writes a report evaluating fingerprints that will be used in a legal case. Rafi writes a report on the quality of a new cell phone before it goes on the market. D. E. Ajay writes a report documenting a customer's angry outburst in a restaurant.
Answer:
e
Explanation:
it most likely make sense its e because c is forensics and an incident report is usually when an incident/scene happens and everything seems like positive situation besides e
Type the correct answer in the box. Spell all words correctly. Which method of sales forecasting is this company using? A company wants industry experts as well as its junior and senior employees to complete a questionnaire. Because the company wants respondents to feel comfortable enough to answer the questions freely, it makes the questionnaire anonymous. This company is using the( blank) method of sales forecasting.
Sorry for answering late not many people go onto this category. but the right answer would be "A Media Strategy"
On August 1, a $58,800, 9%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $23,229.22. The entry to record the first payment on July 31 would include:
Based on the information given the entry to record the first payment on July 31 would include: Debit to Interest Expense of $5,292.00.
The appropriate journal entry to record the first payment on July 31 based on the information given is:
Journal entry
July 31
Debit Interest Expense $5,292.00
($58,800×9%)
Debit Notes Payable $17,937.22
($23,229.22-$5,292.00)
Credit Cash $23,229.22
(To record first payment)
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A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $9,200 per month and variable costs of 70 cents per unit produced. Each item is sold to retailers at a price that aver- ages 90 cents. a. What volume per month is required in order to break even? b. What profit would be realized on a monthly volume of 61,000 units? 87,000 units? c. What volume is needed to obtain a profit of $16,000 per month? d. What volume is needed to provide a revenue of $23,000 per month? e. Plot the total cost and total revenue lines.
Based on the information that is given, the volume per month that will be required to break-even will be 46000 units.
The breakeven quantity will be:
= 9200 / (0.90 - 0.70)
= 9200 / 0.20
= 46000 units.
The profit that would be realized on a monthly volume of 61,000 units will be;
= 0.90(61000) - [9200 + 0.70(61000)]
= 54900 - 51900
= 3000
The profit that would be realized on a monthly volume of 87000 units will be;
= 0.90(87000) - [9200 + 0.70(87000)]
= 78300 - 70100
= 8200
The volume that is needed to obtain a profit of $16,000 per month will be:
= (16000 + 9200) / (0.90 - 0.70)
= 25000/0.20
= 126000 units
The volume that is needed to provide a revenue of $23,000 per month will be:
Quantity = Total revenue / Price
Quantity = 23000/0.90
Quantity = 25556 units
Lastly, the total cost will be:
= Fixed cost + Variable cost .
= 9200 + 70000
= 79200
The total revenue will be:
= Price × Quantity
= 0.90 × 100000
= 90000
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Why is it important to explain the objectives and procedures of a research project both to current and future decision makers in a company
It is important to explain the objectives and procedure of an investigation because this directly impacts the decisions that the company can make.
Companies generally research to improve their products or market research to target their products to a target audience.
When these investigations are carried out, they are always done to improve productivity, sales, and the quality of the company. Therefore, if an investigation focused on the quality of a product is carried out, the process and objectives must be shared so that the investigation impacts the improvement of the company.
For example:
When a bicycle company researches to make the design of the bicycle lighter and more aerodynamic, it can be inferred that the objective of this research is to improve the product and the procedure is through the study and experimentation of the bicycle in different controlled environments.
This will cause the company's decision-makers to promote its new model and invest more in advertising and technology development to improve the product.
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Each year, you must file ____________________.
1. your federal, state, county and town taxes
2. only your state taxes since federal taxes are filed every four years
3. only your federal taxes since state taxes get filed every other year
4. your federal taxes and state taxes if your state requires it
According to the Internal Revenue Services and the tax code, each year, you must file "your federal taxes and state taxes if your state requires it"
Individuals are required to pay taxes to the federal government and the state government.
There are various types of taxes available, some of which include the following:
Income TaxPayroll TaxExcise TaxCorporate Tax, etc.All these taxes are paid to the federal government and state if they require it.
Hence, in this case, it is concluded that the correct answer is option D. "your federal taxes and state taxes if your state requires it."
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Answer: the answer is D
Explanation:
The expenditure incurred for changing the oil in the company's fleet of trucks is debited to ______.
Cost are often incurred in any business transaction. The expenditure incurred for changing the oil in the company's fleet of trucks is debited to repairs and maintenance expense
Repairs and maintenance expense is simply known as the costs incurred to bring an asset back to its formal good condition or to keep the asset operating at its present condition.
An example, When a company's truck is damaged, the cost to repair the damage is often debited to repairs and maintenance expense.
Routine maintenance is often made to engine tune-ups, oil changes, radiator flushing, etc. and they are also debited to repairs and maintenance expense.
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DESCRIPTION OF THE LAW OF DEMAND
Answer:
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded
Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answer:
franchising marketing
Asser and his partner Ali decided to start a business selling flowers called A and A Blooms. They agreed the business
objectives they would set. There are several other shops in the town and much competition. Asser and Ali had little
cash to start the shop, BUT after 5 years running, it is still open. Business objectives have changed, there are plans to
open 2 or 3 new shops, perhaps by taking over some of their competitors. The business now employs 5 workers and
uses several local flower growers as suppliers.
a) What is meant by 'business objective'?
[2]
Goals
Direction in which business Сол be succesful
b) Identify two of A and A Blooms' stakeholders, other than workers and suppliers.
[2]
Customers and Community
c) Identify and explain two likely business objectives of Blooms when the business was first established. [4]
A business objective simply refers to the results that a business wants to achieve. Having a business objective is vital for a business.
It should be noted that business objectives are the measurable results that a business hopes to maintain as the business grows.
The examples of A and A Blooms' stakeholders apart from the workers and suppliers will its shareholders and customers. Stakeholders are affected by the decisions taken by a business.
The two likely business objectives of Blooms when the business was first established include profit maximization and cost minimization.
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the definition of workplace teams includes the requirement that team members _____.
Explanation:
I dont know sorry have a good day
Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage is $8.25 an hour and he receives a paycheck every two weeks.
Compute his biweekly net pay using the following directions. Found all answers to the nearest cent.
Biweekly Grossy pay $____
Withholding:
Fed income tax (5.0%) $___
State income tax (5.6%) $___
Social security (6.20%) $___
Medicare (1.45%) $____
Union dues (1.0%) $____
Total $___
Biweekly gross pay $____
Minus total withholding -$___
Biweekly net pay $____
Answer:
tax (5.0%) $___
State income tax (5.6%)
Minus total withholding -$___
Biweekly net pay
Explanation:
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Craig Conway is CEO of a software design company named PeopleSoft, a company that has automated many human resource functions such as tracking vacation time. Conway operates at the __________ level of his organization.
The level at which Conway operates at his organization is called the Corporate Level.
Corporate Level strategy means the top hierarchy approach for administering and directing the entire activities of the organization
Here, Craig Conway is the CEO which is a top-hierarchy for his company. Any operation planned, administered and directed from his position in the organization means he is operating at the Corporate Level
Therefore, the level at which Conway operates at his organization is called the Corporate Level.
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evans & sons, inc., sold $100,000 face value, six percent coupon rate, four-year bonds, for an aggregate issue price of $95,000. calculate the total interest expense to be recorded by the company over the four-year life of the bonds.
The total interest expense to be recorded by the company over the four-year life of the bonds is $29,000.
Using this formula
Total Interest expenses=(Face value× Coupon rate× Bond year)+(Face value-Issue price)
Let plug in the formula
Total Interest expenses=($100,000 x .06 x 4) +($100,000-$95,000)
Total Interest expenses= $24,000+$5,000
Total Interest expenses=$29,000
Inconclusion the total interest expense to be recorded by the company over the four-year life of the bonds is $29,000.
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A couple has a joint net worth of $12,000,000. If one dies in 2021, the taxable amount of the estate is:
What is the most important factor of producing goods
Answer:
Human capital is the most important factor of production because it puts together land, labour and physical Capital and produce an output either to use for self consumption or to sell in the market. It includes the skilled and unskilled work force of a nation.
Shida has had such great success with his IT consulting company for the last five years that he was able to pay himself a competitive salary within the first 18 months of operation. According to the GEM study, Shida is a/an ______.
Shida is seen as potential entrepreneur according to the GEM study.
GEM study is conducted by Global Entrepreneurship Monitor that tracked rates of entrepreneurship.
The study conducted on Shisa as a IT Expert shows that the company tries to understand how his entrepreneur skills enables him to pay himself a competitive salary within the first 18 months.Therefore, Shida is seen as potential entrepreneur according to the GEM study.
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Paul Mason's firm sells medical equipment to heart surgeons. The company fields a direct sales force that travels the country demonstrating its equipment to heart surgeons and hospital administrators. Recently, Paul's company started producing equipment for eye surgeons, partly to maximize the value of his sales force, which can now call on both heart surgeons and eye surgeons when it makes hospital visits. Paul's firm is attempting to capture economies of ________ through this strategy.
Answer:
scope
Explanation:
what are control accounts in accounting??
In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.
Juan purchased a property for $420,000 and financed $336,000 of it. The assessed value of the property is $387,000. The property appraisal came in at $432,000. Which of these amounts is used in calculating the property tax?
When it comes to calculating property tax, the most relevant amount is the assessed value of $387,000.
When calculating property tax, the useful figures are:
The assessed value of the house The Property tax rateThis assessment is arrived at in various ways but once it is arrived at, it is then multiplied by a figure known as the mill levy and the result will be the property tax.
In conclusion, the assessed value is most useful.
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