Dominique’s total allowable medical expenses in 2020 were
$3,200. Her net income was $50,000 and the cut-off for the medical
expense amount in 2020 was 3% of net income, or $2,397, whichever
is less
Answers
In 2020, Dominique's total allowable medical expenses were $3,200. To determine the maximum allowable medical expense amount, we need to consider two factors: Dominique's net income and the cutoff percentage.
Dominique's net income for the year was $50,000. According to the guidelines, the medical expense cutoff is 3% of the net income or $2,397, whichever is less. Let's calculate both scenarios:
3% of net income: 3% of $50,000 is $1,500. Since this amount is less than $2,397, it is not the limiting factor.$2,397 cutoff: Since $3,200 is greater than $2,397, the cutoff becomes the limiting factor.
Therefore, Dominique's maximum allowable medical expense amount for 2020 would be $2,397.
It's important to note that this information is based on the specific guidelines and regulations in place for 2020. Different years may have different cutoff percentages or maximum allowable amounts.
It's always advisable to consult the latest tax regulations or a qualified tax professional for accurate and up-to-date information regarding medical expense deductions.
To learn more about Dominique visit:
brainly.com/question/3883442
#SPJ11
Related Questions
if the monopolist can engage in perfect price discrimination, what is the average revenue when 7 ties are sold
Answers
When a monopolist engages in ideal price discrimination, the marginal revenue curve lies beneath the demand curve. the demand curve and the marginal income curve are identical.
What is a flawlessly discriminating monopolist?A discriminating monopoly is a monopoly firm that fees one of a kind costs to one of a kind segments of its customer base. An on-line retailer might also charge greater expenses to customers in wealthy ZIP codes and decrease expenditures to these in poorer regions.
Is a perfectly rate discriminating monopolist efficient?The flawlessly charge discriminating monopolist will be allocatively efficient due to the fact the ultimate unit bought will have a fee equal to marginal cost.
Learn more about monopolist here:
https://brainly.com/question/5832236#SPJ4What are the 3 components of content strategy?
Answers
Industry experts will tell you that an effective content strategy must have three core elements to be successful: brand focus, user experience, and content distribution.
Define content strategy?The use of material (written, audio, and/or visual) to accomplish your company's objectives is known as a content strategy. At every level of the sales funnel, a strong content strategy will draw in your target market and keep them interested even after they've made a purchase. Let's say that boosting brand recognition is one of your business's objectives.Content generation, distribution, conversion, and strategy make up the four steps of the content marketing process.The ideal way to examine the types of content you're employing across your digital ecosystem, including social media and email marketing, as well as social media and your blog, is to categorize them into three categories. There are three of them: creation, curation, and creative curation.To learn more about content strategy refer to:
https://brainly.com/question/18958181
#SPJ4
According to the speaker, what are the three traditional Gs of growth?
Answers
Answer:
Consistent, Competitive & Profitable.
Explanation:
correct on edge
The three traditional Gs of growth are Growth, Gratitude, and Giving
What is tradition?The standard of a piece of information being discussed is indicated by tradition. For instance, "Homer is said to have been born on the island of Chios, although many other places have historically claimed him as their own." It may never be possible to confirm or deny this custom.
Growth: In other words, if you develop your workforce, your business will do the same. Don't you make an effort to hire employees that are smarter than you Give them an opportunity to succeed while guiding them while they do so.tradition
Gratitude can take many different forms. Your customers conducting business with you, internal promotions, and improving someone. Investing in a better world and receiving assistance in whatever form are both aspects of gratitude.
Giving: is a straightforward conclusion; you give it your all without holding back. Giving is recognizing the need and taking action to provide assistance in any form that is practical. Giving ultimately causes the business world to whirl. If you do it, other people will too. That's how easy it is.
Therefore, Traditional Gs of growth are Growth, Gratitude, and Giving
Learn more about the tradition here:
https://brainly.com/question/8798118
#SPJ2
Rent is an example of a(n) _____.
a. fixed cost
b. opportunity cost
c. variable cost
d. none of the above
HURRY PLZZZZ FIRST ANSWER GETS BRAINLIEST
Answers
Answer:
a. fixed cost
Explanation:
Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.
Fixed costs are the business expenses that remain the same throughout the financial period. A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.
Answer:
A
Explanation:
I just finished the test
Who is mr. wolfshiem? question 4 options: he is the owner of gatsby's favorite restaurant in new york. he secretly arranged to have a member of the mob murdered outside the restaurant. he is jordan baker's coach and manager. he thinks jordan is spending too much time with nick and not enough on her golf. he is a racketeer and a business associate of gatsby's. he fixed the 1919 world series. he is the president of the company where nick is working. he wants to bring gatsby in on a new real estate deal.
Answers
Mr. Wolfshiem is secretly arranged to have a member of the mob murdered outside the restaurant. Therefore, option B is correct.
Who is Mr. Wolfshiem ?Wolfsheim is a dubious individual, having connections to the underworld of commerce. He gives Nick the sense that Gatsby's money may have an unsavory origin, and that Gatsby may even be connected to the same type of organized crime that Wolfsheim is.
Wolfsheim informs Nick that Gatsby is a "Oggsford" man and a "Oggsford gentleman" who is "extremely careful with women" while Gatsby is absent from the table. Gatsby is the "sort of man you'd like to take home and introduce to your mother and sister," according to Wolfsheim.
Thus, option B is correct.
To learn more about Mr. Wolfshiem, follow the link;
https://brainly.com/question/14249784
#SPJ1
Dan just lost his job. At 44 years old, he worked as a middle manager at a well-known advertising firm for 14 years. Due to a significant loss of clients, the company had to downsize despite Dan being an exemplary employee and winning several awards. The company decided to let Dan go instead of another middle manager who was in a minority group. In a business setting, this occurrence is referred to as
Answers
In a business setting, the given occurrence we called the reverse discrimination
Reverse discrimination is the non-fair treatment of members who belong to the majority group in the workplace that depends upon race, gender, etc.
Reverse discrimination might arise at the time when the majority group like white or males are to be overlooked for following things
JobsPromotionsOther types of opportunitiesThese should provide the preference to the minority group like for women
So therefore we can conclude that In a business setting, the given occurrence we called the reverse discrimination
Learn more about reverse discrimination here: brainly.com/question/12382112
Consumer goods classes (convenience, shopping, etc.) are based on the:- characteristics of the product.- importance of the product’s brand name.- buying habits of consumers.- age, income, and occupation of consumers.
Answers
Consumer goods classes, such as convenience, shopping, specialty, and unsought goods, are primarily based on the buying habits of consumers. These classes categorize products according to how frequently consumers purchase them and the effort they put into the buying process.
Convenience goods are everyday items that consumers buy regularly with minimal effort, such as groceries or toiletries. These products are widely available and affordable, making them easily accessible for most consumers.
Shopping goods, on the other hand, require more effort and consideration from consumers before making a purchase. Examples of shopping goods include clothing, electronics, and furniture. Consumers usually compare different brands, prices, and features before deciding on a particular product.
Specialty goods are unique or high-quality products that consumers invest significant time and effort in purchasing, such as luxury cars or designer clothes. These products are not frequently bought and often have a high price tag, attracting a specific target audience.
Unsought goods are products that consumers do not actively seek out but may purchase due to sudden need or awareness. Examples include life insurance and emergency medical supplies. These goods typically require aggressive marketing efforts to generate consumer interest.
In summary, consumer goods classes like convenience, shopping, specialty, and unsought goods are categorized based on the buying habits of consumers. While factors such as product characteristics, brand name, age, income, and occupation can influence consumer behavior, it is primarily their purchasing patterns that determine the classification of consumer goods.
To learn more about unsought goods, visit: https://brainly.com/question/14227090
#SPJ11
.What are some potential difficulties that you might encounter when doing business in the Chinese market?
Answers
Answer:
The answer is below
Explanation:
There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:
1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.
2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.
3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.
4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.
5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.
Procedure 1. Discuss the duties of the cash disbursements clerk with him and observe whether he has responsibility for handling cash or preparing the bank 1. reconciliation. 2. Examine the internal auditor's initials on monthly bank reconciliations as 2. an indication of whether they have been reviewed. 3. Account for a sequence of checks in the cash disbursements journal to determine whether any have been omitted. 4. Examine vendors' invoices and other supporting documents to determine whether large amounts in the repair and maintenance account should be capitalized. 5. Inquire about the accounts payable supervisor's monthly review of a computer-generated exception report of receiving reports and purchase orders that have not been matched with a vendor invoice.6. Inquiries of the client Foot the accounts payable trial balance and compare the total with the general ledger. 7. Confirm accounts payable balances directly with vendors. 8. Examine vendor’s invoices to verify the ending balance in accounts payable. 9. Compare the balance in payroll tax expense with the previous years. The comparison takes the increase in payroll tax rates into account. 10. Examine vendor’s invoices and other documentation in support of recorded transactions in the acquisitions journal. 11. Multiply the commission rate by total sales and compare the result with commission expense.Type of EvidenceAnalytical proceduresDocumentationInquiries of the clientInquiries of the client and observationInspectionObservationPhysical examinationRecalculation Reperformance
Answers
In terms of disbursements, the auditor should examine the cash disbursements journal and account for a sequence of checks to ensure that no payments have been omitted.
They should also inquire about the accounts payable supervisor's monthly review of a computer-generated exception report to ensure that all receiving reports and purchase orders have been matched with vendor invoices. The auditor should confirm accounts payable balances directly with vendors and examine vendor invoices to verify the ending balance in accounts payable. Additionally, the auditor should examine vendor invoices and other documentation in support of recorded transactions in the acquisitions journal.
When it comes to commission, the auditor should multiply the commission rate by total sales and compare the result with commission expense. This helps to ensure that the commission expense has been accurately recorded.
The type of evidence used in these procedures includes analytical procedures, documentation, inquiries of the client, observation, inspection, physical examination, recalculations, and reperformance. For example, the auditor may physically examine invoices and other supporting documents to verify the accuracy of recorded transactions, and they may also perform recalculations to ensure that calculations have been correctly executed.
Learn more about disbursements here:
https://brainly.com/question/31214335
#SPJ11
At which point is supervision most critical in the cash receipts system?
a. accounts receivable
b. general ledger
c. mail room
d. cash receipts
Answers
Supervision is most critical in the cash receipts system at point (c) mail room. This is because it is the initial stage where payments are received and handled, and having proper supervision ensures that payments are recorded accurately and promptly, reducing the risk of errors, misplacement, or fraud.
The supervision is most critical in the cash receipts system at the point of cash receipts. This is because at this point, there is a risk of misappropriation or mishandling of cash. The supervisor should ensure that all cash receipts are properly recorded in the ledger and that receipts are accounted for. Failure to properly supervise the cash receipts process could lead to errors in the ledger, loss of receipts, or even theft.
learn more about ledger here: brainly.com/question/14853484
#SPJ11
for each of the five independent situations below, prepare a journal entry that summarizes the purchases, sales, and payments related to inventories in order to determine the amount of cash paid to suppliers. all dollars are in millions.
Answers
In each situation, the cost of goods sold is subtracted from the beginning inventory, resulting in a decrease in the inventory account. The accounts payable account is then increased by the same amount as the cost of goods sold, and the cash paid to suppliers account is increased by the same amount as the increase in accounts payable.
Situation 1:
Cost of goods sold: 200
Inventory: 200 (unchanged)
Increase in accounts payable: 0 (unchanged)
Cash paid to suppliers: 200
Situation 2:
Cost of goods sold: 200
Inventory: 200 (unchanged)
Decrease in accounts payable: 6
Cash paid to suppliers: 200 - 6 = 194
Situation 3:
Cost of goods sold: 200
Inventory: 200 (unchanged)
Increase in accounts payable: 0 (unchanged)
Cash paid to suppliers: 200
Situation 4:
Cost of goods sold: 200
Inventory: 200 (unchanged)
Decrease in accounts payable: 14
Cash paid to suppliers: 200 - 14 = 186
Situation 5:
Cost of goods sold: 200
Inventory: 200 (unchanged)
Increase in accounts payable: 6
Decrease in cash paid to suppliers: (6 + 14) = 20
Cash paid to suppliers: 200 - 20 = 180
Learn more about inventory visit: brainly.com/question/24868116
#SPJ4
Correct Question:
For each of the five independent situations below, prepare a journal entry that summarizes the purchases, sales, and payments related to inventories in order to determine the amount of cash paid to suppliers. all dollars are in millions.
Which of the following statements concerning capital structure theory is NOT CORRECT?
A. The major contribution of Miller's theory is that it demonstrates that personal taxes decrease the value of using corporate debt.
B. Under MM with zero taxes, financial leverage has no effect on a firm's value.
C. Under MM with corporate taxes, the value of a levered firm exceeds the value of the unlevered firm by the product of the tax rate times the market value dollar amount of debt.
D. Under MM with corporate taxes, rs increases with leverage, and this increase exactly offsets the tax benefits of debt financing.
E. Under MM with corporate taxes, the effect of business risk is automatically incorporated because rsL is a function of rsU.
Answers
Letra : C
C ok ? Bjs
Jules Inc. reported net income of $1,345,200, income from continuing operations of $1,440,000 (after tax), and a loss from a discontinued component of $384,000 (pretax) for the year ended December 31, 2020. The company’s tax rate is 25%. The decision to dispose of the component was made on June 1, 2020, and the component was sold on November 30, 2020.
Compute net proceeds from the sale of the discontinued component if the carrying value of the business compo-nent was $475,000 on November 30, 2020 (the date of sale)
Answers
Based on the information given, the net proceeds from the sale of the discontinued component will be $668,200.
Net loss from discontinued operations after tax:
= $1,440,000 - $1,345,200
= $94800
Loss from discontinued operations after tax = $384,000 × (1 - 25%) = $384,000 × 0.75 = $288,000
Gain on disposal of discontinued operations after tax = $288,000 - $94800 = $193,200
Therefore, the net proceeds from the sale of the discontinued component will be:
Gain on disposal of discontinued operation before tax = $193,200Add: Carrying value of the discontinued component = $475,000Net proceeds = $668,200Read related link on:
https://brainly.com/question/24852036
What is something that will not help you get a higher credit limit?
A: Paying off the balance of the credit card each month
B: Asking the banking company for a higher limit on your credit card
C: Maxing out the credit card and only making the minimum payment each month
D: Making more money at your job (More personal income)
Answers
Maxing out the credit card and only making the minimum payment each month is something that will not help you get a higher credit limit. A credit limit is the most money you are permitted to spend on a credit card or line of credit by a lender.
If a credit card company grants you a credit limit of $2,500, that is the most you may ever have charged to the card payment . If you charge $1,900 to your card, you will have $600 left over that you can use without paying a fee or being restricted from using the card limit further.
To learn more about credit card, click here.
https://brainly.com/question/27350251
#SPJ1
what is the difference of communism and socialism?
Answers
For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Inc. (BLI). As part of their discussions with the sole shareholder of the corporation, Ernesto Young, they examined the company's tax accounting balance sheet. The relevant information is summarized as follows:FMV Adjusted Basis AppreciationCash $ 10,000 $ 10,000 Receivables 15,000 15,000 Building 100,000 50,000 50,000Land 225,000 75,000 150,000Total $ 350,000 $ 150,000 $ 200,000Payables $ 18,000 $ 18,000 Mortgage* 112,000 112,000 Total $ 130,000 $ 130,000 * The mortgage is attached to the building and land.Ernesto was asking for $400,000 for the company. His tax basis in the BLI stock was $100,000. Included in the sale price was an unrecognized customer list valued at $100,000. The unallocated portion of the purchase price ($80,000) will be recorded as goodwill.Assume Ernesto agrees to sell his stock in BLI to Amy and Brian for $400,000.a. What amount of gain or loss does BLI recognize if the transaction is structured as a stock sale to Amy and Brian? What amount of corporate-level tax does BLI pay as a result of the transaction, assuming a tax rate of 21 percent? (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.)b. What amount of gain or loss does Ernesto recognize if the transaction is structured as a stock sale to Amy and Brian? (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.)What are the tax benefits, if any, to Amy and Brian as a result of structuring the acquisition as a stock sale?Amy and Brian get to write-up the tax basis of the assets to fair market value.No tax benefits.
Answers
a. In the transaction structured as a stock sale to Amy and Brian, BLI does not recognize any gain or loss. Since this is a stock sale and not an asset sale, the corporation itself doesn't experience a change in its assets or liabilities. Therefore, the corporate-level tax BLI pays as a result of the transaction is $0, assuming a tax rate of 21 percent.
b. Ernesto recognizes a gain in the transaction structured as a stock sale to Amy and Brian. To calculate the gain, subtract his tax basis in the BLI stock from the sale price: $400,000 - $100,000 = $300,000. This is the amount of gain Ernesto recognizes from the sale of his stock in BLI.
As for the tax benefits to Amy and Brian as a result of structuring the acquisition as a stock sale, there are no significant tax benefits. Since this is a stock sale, Amy and Brian do not get to write up the tax basis of the assets to fair market value. The tax basis of the assets remains the same as it was under Ernesto's ownership.
To know more about liabilities refer here:
https://brainly.com/question/18484315#
#SPJ11
how long does it take to be an immigration lawyer and what’s the average salary?
Answers
time: and 10-15 years (also depends where)
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answers
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
answers for question 11!!!!
Answers
Answer:
C!!
Explanation:
Two Major Types of Markets • Consumer Market -- All the individuals or households that want goods and services for personal use and have the resources to buy them. Business-to-Business (B2B) -- Individuals and organizations that buy goods and services to use in production or to sell, rent, or supply to others.
Celestial Insurance hires college graduates and prepares them for management careers. The human resource professionals who prepare the programs that teach leadership and business management to these employees are involved in which HR function?
Answers
Answer:
Development
Explanation: A P E X
The human resources profession are involve in development function of the employees.
The Human resources personnel is saddled with responsibility of overseeing process of recruitment, interview, and hire of new staff.
In every company, the Human resources personnel serves as a link between the management and its employees.
After the recruitment process of hiring an applicant, the HR Personnel also provide them with lectures on Leadership and Business management which will help them in their career development.
Therefore, in conclusion, the role performed by the HR personnel is known as Development function in the company.
Learn more about HR Personnel here
brainly.com/question/16915452
.Communication and education tactic to change implementation should be used when:A.group will lose out in change.B. users need to feel involved.C. initiators clearly have power.D. change is technical.E. group has power over implementation.
Answers
The communication and education tactic to change implementation should be used when: B. Users need to feel involved.
This tactic is effective when there is a need to engage and involve the users or stakeholders in the change process. By providing clear and transparent communication, sharing relevant information, and educating the users about the benefits and purpose of the change, they are more likely to feel included and invested in the implementation. This approach helps to address resistance, build trust, and foster a sense of ownership and commitment among the users.
It allows them to understand the rationale behind the change, voice their concerns, and actively participate in shaping the implementation process. By involving users, the chances of successful adoption and acceptance of the change are significantly increased.
To learn more about the implementation process, visit here
https://brainly.com/question/29025136
#SPJ4
Brick and Stone Enterprises Ltd. had a successful year and as a result the president, Mr. Mason will receive a bonus. What are the tax consequences of this bonus. Explain the consequences to both Brick and Stone Enterprise Ltd. and to Mr.
Answers
The tax consequences of the bonus received by the president, Mr. Mason, will vary for Brick and Stone Enterprises Ltd.
(the company) and Mr. Mason (the individual). Here are the general tax implications:
Tax Consequences for Brick and Stone Enterprises Ltd.:
1. Deductibility: The bonus paid to Mr. Mason will be considered an expense for the company and will generally be deductible for tax purposes. This means that the company can reduce its taxable Income by the amount of the bonus paid to Mr. Mason.
2. Employer Taxes: The company will be responsible for paying employer taxes on the bonus amount. These taxes may include payroll taxes, such as Social Security and Medicare taxes, as well as state and local employment taxes. These taxes are separate from the bonus amount itself and are an additional cost for the company.
Learn more about Income here:
https://brainly.com/question/14732695
#SPJ11
mia contributed $25,000 to a roth ira. she retired at age 60 and would like to withdraw the funds. she is in the 25% federal marginal tax bracket. how much will she pay in income taxes on the funds?
Answers
Mia contributed $25,000 to a Roth IRA. She retired at age 60 and would like to withdraw the funds. She is in the 25% federal marginal tax bracket. The amount she will pay in income taxes on the funds is $0.
What is income taxes?Generally, A form of tax known as income tax is a form of tax that governments levy on the income that is generated by individuals and businesses located within their jurisdiction.
The revenue collected from income taxes is put toward the financing of public services, the fulfillment of government obligations, and the provision of goods for the populace.
The amount of income tax that she is required to pay on the funds is equal to zero dollars.
Read more about income taxes
https://brainly.com/question/17075354
#SPJ1
CQ
Mia contributed $25,000 to a Roth IRA. She retired at age 60 and would like to withdraw the funds. She is in the 25% federal marginal tax bracket. How much will she pay in income taxes on the funds?
a. $6,250.
b. $6,250 plus a 10% penalty.
c. $5,000.
d. $0.
a product sells for $100 per unit, and its variable costs are 63% of sales. the fixed costs are $440,300. what is the break-even point in sales dollars? (do not round intermediate calculations.)
Answers
Price - Variable Costs x Fixed Costs = Breakeven Point in Units. • How much a product costs, what a business costs,
How do you subtract fixed and variable costs to calculate profit?The number of units sold or the sales dollar amount can be used to get the answer.
Requirement for sold units: Profit equals revenues minus variable costs minus fixed costs. $30 - $20 = (Units Sold X $5) - (Units Sold X $3).
Dollar amount required for sales. Sales + profit = Varying Costs in $ Amount - Fixed Costs $ and.
What is the break-even point when variable costs are reduced?Assume your variable costs drop to $10 per unit while maintaining the same fixed costs and per-unit sales price. Less units are required to break even when your variable costs per unit are reduced. If this were the case, you
To know more about variable cost visit:
https://brainly.com/question/29767642
#SPJ4
A company's total cost of FIFO inventory was $329,000 and its current replacement cost is $307,000. Under the lower cost or market, the amount reported should be $329,000.
a. True b. False.
Answers
b. False
Lower of cost or market (LCM) is an accounting method used to report inventory at the lower of its historical cost (FIFO cost in this case) or its current market value (replacement cost in this case).
The purpose of LCM is to ensure that inventory is reported at a conservative value and to account for any potential losses due to obsolescence, damage, or other factors that may cause the market value of the inventory to fall below its historical cost.
In this scenario, the company's total cost of FIFO inventory is $329,000, but its current replacement cost is only $307,000. According to the LCM rule, the inventory should be reported at the lower of these two values, which is $307,000.
Therefore, the correct answer is b. False. The amount reported under lower cost or market should be $307,000, not $329,000.
To learn more about inventory, refer below:
https://brainly.com/question/14184995
#SPJ11
A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________
Answers
Answer: Risk assessment
Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk. This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.
To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.
Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries
Answers
The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.
Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.
learn more about financial here:
https://brainly.com/question/32292990
#SPJ11
IN OWN WORDS, about 200 to 400, discuss whether a liquor company should utilise social media as well as digital marketing to advertise its products/ brands. Describe the potential pitfalls that utilising social media can have, and how to avoid the pitfalls.
Answers
Utilizing social media and digital marketing can be highly beneficial for a liquor company to advertise its products and brands. These platforms offer an opportunity to reach a vast audience, engage with customers, and build brand awareness. However, there are potential pitfalls that need to be considered and carefully navigated to ensure a successful and responsible social media presence.
One potential pitfall is the risk of improper targeting or reaching an underage audience. Since liquor products have age restrictions, it is crucial for the company to implement strict age verification measures and use targeting options that align with legal requirements. By employing age-gating techniques and verifying user age through reliable means, the company can minimize the risk of promoting its products to underage individuals.
Another challenge is maintaining a responsible and respectful image on social media. Alcohol consumption should always be portrayed in a responsible manner, promoting moderation and discouraging excessive or underage drinking. The company should avoid any content that glamorizes or encourages irresponsible behavior, and instead focus on promoting the craftsmanship, quality, and enjoyable aspects of their products.
Additionally, digital marketing can pose risks related to user-generated content and public interactions. Negative comments or feedback can spread quickly, potentially damaging the brand's reputation. To avoid this, the company should actively monitor and engage with its social media channels, promptly addressing customer concerns, and providing helpful and respectful responses. Building a positive relationship with customers and addressing their issues in a transparent and timely manner can help mitigate potential pitfalls.
Privacy and data security are also important considerations. The company should adhere to privacy regulations, secure customer data, and clearly communicate its data handling practices to build trust with its audience. Being transparent about data collection and usage, and obtaining explicit consent when required, demonstrates a commitment to protecting customer privacy.
To avoid pitfalls, it is essential for the liquor company to have a well-defined social media strategy and guidelines in place. This includes training social media managers to handle sensitive topics, crafting engaging and responsible content, and regularly reviewing and adapting the strategy based on changing trends and regulations. By maintaining a vigilant and responsible approach, a liquor company can harness the power of social media and digital marketing while avoiding potential pitfalls.
Learn more about digital marketing here:
brainly.com/question/30350059
#SPJ11
gross profit is determined by subtracting the cost of merchandise sold from what?
Answers
Gross profit is determined by subtracting the cost of merchandise sold from net sales or net revenue.
Net sales or net revenue represents the total amount of revenue generated from the sale of goods or services, after accounting for any discounts, returns, or allowances. It is essentially the sales revenue earned by a company.
The cost of merchandise sold, also known as the cost of goods sold (COGS), includes the direct expenses associated with producing or acquiring the merchandise that was sold during a specific period.
This cost typically includes the cost of raw materials, direct labor, and any other direct production costs.
By subtracting the cost of merchandise sold from net sales, a company can calculate its gross profit. Gross profit represents the difference between the revenue generated from sales and the direct costs associated with producing or acquiring the goods sold.
It is an important measure that indicates the profitability of a company's core operations before considering other expenses such as overhead costs or operating expenses.
By subtracting the COGS from net sales revenue, the gross profit is calculated. Gross profit reflects the profitability of a company's core operations before considering other operating expenses such as selling, general, and administrative expenses, depreciation, or interest.
The formula for calculating gross profit is:
Gross Profit = Net Sales Revenue - Cost of Goods Sold
Learn more about expenses here :
https://brainly.com/question/29842871
#SPJ11
Differentiate the differences between a Vickrey auction and an
English auction?
Answers
Read more about auction models:
https://brainly.com/question/30048803
https://brainly.com/question/32687677