Answer:
$810,113.2678
Explanation:
The computation of the present value of the bond payable is shown below:
= Issued amount × discount factor of 5% at 10 years + Issued amount × half of the bond interest × PVIFA factor of 5% at 10 years
= $780,000 × 0.613913254 + $780,000 × 5.5% × 7.7217
= $478,852.3378 + $331,260.93
= $810,113.2678
Refer to the discount factor table and PVIFA factor table
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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As a producer and seller of athletic shoes, apparel, and equipment, Nike sells
gross domestic products
goods
services
supplies
As a producer and seller of athletic shoes, apparel, and equipment, Nike sells goods.
Goods are tangible products that people buy to satisfy their wants and needs. Goods can be classified into two categories: consumer goods and producer goods.Consumer goods are items purchased by consumers for their own use and enjoyment, while producer goods are used by businesses to produce other goods and services.Therefore, Nike sells goods, which are tangible products such as athletic shoes, apparel, and equipment.Nike is a leading producer and seller of athletic shoes, apparel, and equipment. The company is one of the largest players in the sportswear industry and is recognized globally for its high-quality products and innovative designs. As a producer and seller of these goods, Nike contributes significantly to the gross domestic product of many countries. The gross domestic product is the total value of goods and services produced in a country within a particular period.For more questions on Nike
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who was the 3rd overall pick in the 2020 nba draft and what team selected him?
Answer:
The Charlotte Hornets selected LaMelo Ball :)
The 3rd Overall Pick was LaMelo Ball ,Selected by the Charlotte Hornets
What is the most important step for preventing alcohol service to minors?
Post information about the dangers of alcohol
Document suspicious activity in the activity log
Check valid IDS
Identify grooming styles of minors
Answer:
The most important step for preventing alcohol service to minors is to check valid IDs. This is because it is illegal to sell or serve alcohol to anyone under the age of 21 in the United States
Principle of Management Questions
1. Darnell, the marketing director, mentioned to his boss that one of his friends from college, Elena, would be fantastic for the production supervisor opening. Why should Darnell’s boss consider this referral?
A. Hiring referrals is cheaper than external recruiting.
B. Current employees refer others who should be a good fit.
C. Darnell is a boomerang who returned to the company eight months ago.
2. ________ capital is the economic or productive potential of strong, trusting, and cooperative relationships.
A. Relational
B. Social
C. Personal
3. Fear of failure, peer pressure, and personality conflicts are examples of
A. reasons employees resist change.
B. innovation systems.
C. non-reinforcing reward systems.
4. Studies exploring nurses’ perceptions about using robots to insert IVs found initial resistance, with some nurses concerned about the cost and potential patient harm of these devices. As part of the ________ stage of change, the nurses’ managers are modeling how to use the robots and demonstrating their high level of accuracy.
A. unfreezing
B. freezing
C. refreezing
5. Research has supported links between emotional intelligence (EI) and a host of desirable job outcomes. What is EI?
A. EI is the extent to which people feel secure, unworried, and how likely they are to experience negative emotions under pressure.
B. EI is the ability to monitor your and others’ feelings and to use this information to guide your thinking and actions.
C. EI is the psychological discomfort a person experiences between his or her cognitive attitude and incompatible behavior.
6. During the perceptual process, you will ask yourself, “What was it that I noticed and what does it mean”? Which step would be next?
A. selective attention
B. storing in memory
C. retrieving from memory to make judgments and decisions
7. ________ is the weakening of behavior by ignoring it or making sure it is not reinforced.
A. Positive reinforcement
B. Punishment
C. Extinction
1. Employee Referral involves current employees being allowed to refer fit workers from the employees' network to work in the company. The reason that Darnell's boss should consider Elena is B. Current employees refer ...
2. Social capital is an economic or productive potential. It involves trusting relationships with others to enhance economic or productive resources.
3. Resistance to change, which is a psychological problem, always drive some employees to fear failure, make them to be under peer pressure, or develop personality conflicts. These are good examples of A. reasons employees ...
Resistance to change troubles the person involved more than may be perceived by outsiders because it is driven by internal fear, mistrust of others, poor communication, etc.
4. Freezing is the second stage of the three stages of change.
For example, Freezing involves the action of the nurses' managers to model how to use the robots by demonstrating their high level of accuracy. The first stage is unfreezing (melting), and refreezing (shaping) is the last stage of changing behavior or practice.
5. Emotional Intelligence (EI), which involves the skillful and positive management of emotions to achieve desirable outcomes, is B. the ability to monitor ... guide your thinking and actions.
6. The next part of the perceptual process after this question is asked involves C. retrieving from memory ... This is called the interpretation stage.
7. Extinction involves the discontinuation of negative behaviors or incentives. C. Extinction strongly weakens negative behavior by ignoring or not reinforcing it.
Thus, a person can reinforce a desirable behavior by selectively discontinuing some negative behaviors or ending the incentives that support such negative behaviors.
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How do the ethics of the Chief Executive Officer play a role in the quality of the products produced by a company?"
Answer:
the CEO ( Chief Executive Officer) job is to lead the company and to do the right thing
Explanation:
How is owner’s equity affected when services are sold on account?
Answer:
Effect on owner’s equity affected when services are sold on account is:
Owner's equity increase (except when credit risk is incurred).
Explanation:
No matter the mode of sales, the owner's equity increases when services are sold. This implies that whether services are sold on account or for cash, the owner's equity will increase through the Retained Earnings. However, when credit loss arises from credit defaults, then the owner's equity will reduce. This is why a business must review the credit-worthiness of its customers before granting credit terms. Credit defaults are common in business and remain part of the business risk.
Ensuring mental wellness requires
Match the terms to their definition.
1. 529 plan
2. savings bond
3. termi
4. treasury bills
5. Treasury Inflation-Protected Securities
6. treasury notes
7. U.S. Department of Treasury
T-bills; a savings product sold by
the US Treasury department at a
discount from their face value and range
in terms from a few days to six months
a savings product that pays interest
twice per year and provides protection
against inflation
T-notes; a savings product that
pays interest every six months and is
issued in terms of two, three, five, and
ten years
an executive department of the
United States government whose
purpose is to manage the government's
money
a set period of time
a savings product or certificate
issued by the U.S. government with
values ranging from $50 to $10,000
a saving plan for education
designed to help set aside funds to pay
for future college costs
1. 529 plan- a saving plan for education designed to help set aside funds to pay for future college costs.
2. Savings bond- a savings product or certificate issued by the U.S. government with values ranging from $50 to $10,000.
4. Treasury bills- Treasury bills are short-term savings products that are sold by the Treasury department at a discount from their face value.
5. Treasury Inflation-Protected Securities- a savings product that pays interesttwice per year and provides protection against inflation.
6. Treasury notes- a savings product that pays interest every six months and is issued in terms of two, three, five, anN ten years.
7.U.S. Department of Treasury- an executive department of the United States government whose purpose is to manage the government's .money
The U.S. Department of Treasury is an executive department of the United States government that manages the government's money. It is responsible for a variety of financial functions, including collecting taxes, managing the federal budget, and printing and minting money. One of the ways that the Treasury department raises money is by issuing various savings products, including savings bonds, Treasury bills, Treasury notes, and Treasury Inflation-Protected Securities (TIPS).
Savings bonds are certificates issued by the U.S. government that range in value from $50 to $10,000. They pay interest twice per year and are a safe, low-risk investment option. Treasury bills are short-term savings products that are sold by the Treasury department at a discount from their face value. They have terms ranging from a few days to six months and are also considered a low-risk investment option. Treasury notes are longer-term savings products that pay interest every six months and are issued in terms of two, three, five, and ten years. They are also considered a low-risk investment option.
Finally, Treasury Inflation-Protected Securities (TIPS) are a type of savings product that provides protection against inflation. They pay interest twice per year and the principal value of the investment is adjusted based on changes in the Consumer Price Index (CPI). TIPS are a good option for investors who are concerned about the impact of inflation on their investments.
One additional savings option offered by the Treasury department is the 529 plan, which is a saving plan for education designed to help set aside funds to pay for future college costs. These plans are administered by state agencies and are named after Section 529 of the Internal Revenue Code. The plans offer tax advantages to help encourage families to save for education expenses.
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convenient product is the product that is relatively inexpensive item that merits little shopping effort. Is it true or false?
Answer: True
Explanation:
A convenient product is the product that is relatively inexpensive item that merits little shopping effort.
A convenient product refers to an inexpensive product which requires a little amount of effort from the consumer to purchase it. Some examples of convenience products include soft drink, bread, coffee.
Therefore, the statement given is true.
In this unit, you learned about using the internet for business purposes. What forms of business communication rely on the internet? How do these forms differ from each other? What are some of the risks associated with internet-based communication? Which form do you think businesses find most useful for reaching the public? Why?
Answer:The forms of business purpose is Email, instant messaging, websites, blogs, text messaging, voicemail and video messaging.Each form have there way of doing things like emailis a message.and video message is a massage but you can see who you are talking to.The Form that I think is useful is Email because everyone use it.
ty
By saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.
What do you mean by the business Communication?Information sharing in the workplace and with external parties is referred to as business communication.
Digital media are used in internet marketing to spread awareness of your company and encourage customers to buy your goods and services.
According to the guidelines, despite the huge and constantly expanding range of issues categorized as online safety, they may be divided into four categories of risk: content, interaction, conduct, and commerce.
A useful electronic communication tool for marketing is the blog. Electronic communication that is effective has a distinct message.
Therefore, by saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.
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Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?
To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.
First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.
Gross oil profit for Shop B = 28.4% of $275.00
= (28.4/100) * $275.00
= $78.10
Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.
Amount of oil used for each oil change = $275.00 / $21.25 per gallon
= 12.94 gallons (rounded to two decimal places)
Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.
Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used
= $78.10 / 12.94 gallons
≈ $6.03 per gallon
Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.
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Limitations of direction
Answer:
Explanation: Managament techniques should be adjusted according to specific circumstances.
one techniques maybe good in one situation but maybe not good in other situation.
principles of management are not static in nature.
management is concerned with the human element in an organization.
Attributes of your brand include which of the following?
What people think about when they see your name
How your customers feel when they use your products
Your image or persona that is portrayed to your customers
All of the above are part of your company brand
Answer:
The aforementioned components constitute a company's brand. A brand is composed of an array of components, such as the emotional, psychological, and aesthetic aspects that consumers connect with a business or its products or services.
Explanation:
These characteristics of the a trademark include what consumers think of when they hear a company's name, how they feel after utilising its goods or services, and the persona or image that is sent to consumers through marketing, advertising, and other forms of communication. Those characteristics are vital to creating a distinct brand identity and gaining over consumers, that can lead in greater revenue and sales for the business.
Which one of the following expenses would be denied as entertainment and would not be deductible?
Select one:
a. Sandwiches and coke were served during a 3 hour meeting that went from 11am - 2pm
b. The taxpayer employed a tea lady to serve staff hot drinks and biscuits, costing $18,000 in wages and $5,000 for food and drink.
c. Taxpayer paid entertainment allowances to his staff
d. The manager took clients to lunches at a restaurant costing $5,800
The expenses that would be denied as entertainment and would not be deductible is, “The manager took clients to lunches at a restaurant costing $5,800.” Therefore, option D is the correct option.
What are expenses?Expenses are the expenditures a person or an organization makes in order to fulfill either their needs and requirements or their luxuries. The expenses generally occur from income or savings. The expenses should be aligned with the amount of income and the savings of the individual in order to maintain healthy financial health. More expenses than income can cause financial burdens or debts.
The manager brought clients to lunches at a restaurant that cost $5,800; these costs would be disallowed as entertainment and not deductible. As a result, choice D is the best one.
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The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax
If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.
What is annual salary?Annual salary can be defined as the amount a person earn as salary per year.
On the other hand self employed tax can be defined as the tax a person that is solely working for his/her self without working for any other person remit to the government.
Therefore the amount that must be include figuring that income for self-employed tax is the amount of $51,000.
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In X1, Adam and Jason formed ABC, LLC, a car dealership in Kansas City. In X2, Adam and Jason realized they needed an advertising expert to assist in their business. Thus, the two members offered Cory, a marketing expert, a one-third capital interest in their partnership for contributing his expert services. Cory agreed to this arrangement and received his capital interest in X2. If the value of the LLC's capital equals $180,000 when Cory receives his one-third capital interest, which of the following tax consequences does not occur in X2?A. Cory reports $60,000 of ordinary income in X2.B. Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2.C. Adam and Jason receive an ordinary deduction of $30,000 in X2.D. Cory reports $60,000 of ordinary income in X2, and Adam and Jason receive an ordinary deduction of $30,000 in X2.
Answer: B. Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2.
Explanation:
Based on the information given, since the value of the LLC's capital equals $180,000 after Cory receives his one-third capital interest, Cory will report (⅓ × $180000) = $60,000 of ordinary income in X2.
Also, Adam and Jason will receive an ordinary deduction of $30,000 in X2. The sentence that "Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2" is wrong. They do not get sane amount as Cory gets a higher amount.
Question 2a. A car rental agency charges $75 per day plus 70 cents per mile. How
much does it cost to rent a car for a 1-day trip of 50 miles?
It will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
What is arithmetic progression?A number sequence that has a common difference between them. It is important to mention that the difference between the consecutive numbers is fixed and constant, and it remains the same throughout the sequence.
Given that,
Car rental charge = $75/day
Cost per mile = 70 cents/mile or, $3.5 [1 cent = $0.05]
Distance to be traveled in the 1-day trip = 50 miles
Total cost of 50-mile trip = 50 x 3.5 = $175
Per day car rental charge = $75
Total cost of car rent = $175 + $75 = $250
It can be concluded that it will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
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While posting from cash receipts journal to ledger , Which account should be posted individually a)cash b)sundry account c)sales discount d)sales e)all
Cash is the account that needs to be posted separately when publishing from the cash receipts journal to the ledger. Thus, option (A) is accurate.
What is meant by a ledger ?There are three different kinds of ledgers: general, debtor, and creditor. Journal entries are accumulated in the general ledger. All journals are tallied and uploaded to the general ledger each month.
The various transactions mentioned in each journal are therefore organized and summarized in the General Ledger. Information from the sales diary is accumulated in the Debtors Ledger.
The Debtors Ledger's function is to reveal which customers owe money to the company and how much. Information from the purchasing journal is accumulated in the creditors ledger. Knowing which suppliers the company owes money to and how much is the goal of the creditors ledger.
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Select the best answer for the question.
4. One component of the agreeableness trait is altruism. Altruism means
O A. the need for personal success and to see others fail.
O B. the desire to help others, or the concern for the welfare of others.
O C. the ability to take and give criticism.
O D. poor self-confidence.
One component of the agreeableness trait is altruism. Altruism means the desire to help others, or the concern for the welfare of others. The correct option is (B).
What do you mean by an agreeableness?Trust, frankness, benevolence, compliance, humility, and tender-mindedness are the lower-level characteristics or aspects that makeup agreeableness.
Altruism is characterized by selflessness and care for the well-being of others. Although someone can overdo charity to the detriment of their own personal well-being, this is a commendable attribute.
Therefore, one component of the agreeableness trait is altruism. Altruism means the desire to help others, or the concern for the welfare of others.
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About how frequently does Hope receive a paycheck?
Answer:
every 2 weeks
Explanation:
A paycheck is a salary the employee or worker gets. Hope receives a paycheck every 2 weeks.
What is a paycheck?A paycheck means the salary or wages an employee or worker gets for doing the work under their employment by the employer.
The frequency of a paycheck usually depends on the period of work. i.e a month in most cases but here Hope receives a paycheck every 2 weeks.
Therefore, the above statement aptly describes the paycheck.
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(100 POINTS!!!) LuAnn is a very specific type of photographer. The images that she captures have several prominent characteristics such as representing culture as it is lived rather than mythologized, respectful portraits of members of the community to show their stature, and documenting tribal customs and ceremonies for future generations. What type of photography does LuAnn most likely practice?
A. fashion photography
B. nature photography
C. sports photography
D. indigenous photography
LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.
Procrastination is not usually a cause of stress and anxiety
Answer: Nahhh it isn't
Explanation: Im just lazy and dont pay attention in class
Hope u have a good day!
Stress and worry, persistent tension, sleep deprivation, as well as issues at work and in relationships, are all negative repercussions of procrastination. You continue to put off what you need to do while being aware that it isn't in your best advantage to do so.
What is Procrastination?Procrastination is the deliberate act of delaying or postponing something even though one is aware that doing so will have negative effects. It is frequently a common human behavior. It is a typical human experience to procrastinate on mundane tasks or even important ones like going to an appointment, turning in a report for work or school, or talking to a partner about a difficult subject.
Although it is frequently seen as a negative trait since it interferes with productivity and is frequently linked to sadness, low self-esteem, shame, and feelings of inadequacy, it can also be seen as a prudent response to specific demands that could have risky or unfavorable results or necessitate waiting for new information to come in.
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When a group accepts an alternative in order to end a meeting, the group has reached a(n) __________ decision
When a group accepts an alternative in order to end a meeting,
they are believed to have reached a satisficing decision.
What is Satisficing?This is regarded as a decision-making strategy which involves
looking for better alternatives till an adequate result is
achieved.
It is common with group of people as most don't like the idea of
meetings so a satisficing approach is involved to ensure
exploration of other alternatives and a conclusion of the
meeting.
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Select the correct answer.
The following is an extract of the balances of a company. What is the company’s return-on-assets percentage?
Items Amount ($)
Revenue 50,000
Expenses 10,000
Tax paid 10,000
Fixed assets 80,000
Current assets 20,000
A.
25 percent
B.
30 percent
C.
35 percent
D.
40 percent
Answer:
I believe the answer is B. 30 percent
good luck, i hope this helps :)
what is the book value of muffin's masonry's assets today and the market value of these assets
Answer:
13
Explanation:
A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit.
What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year? $
A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit. What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year? $
The break-even point is the point in sales volume where total costs and total revenues are equalized. The break-even point can be expressed in sales volume or in sales dollars. The break-even point can be calculated for individual product lines or for the entire business. It is an important concept in cost accounting and helps company management understand at what point the business will go from losing money to profitability.
Break-even point = fixed cost / (unit selling price - variable cost per unit) = $9,000 / ($200 - $50) = 60 units
When the demand is 200 units, profit = revenue - total cost = revenue - (fixed cost + total variable cost) = $200 ×200 - ($9,000 + $50 ×200) = $21,000
When total cost and total revenue are equal, a small business is said to have reached its break-even point and is in a neutral position. In other words, you've arrived at the point in your manufacturing cycle where the revenue from a product is equal to its production expenses. This figure should be included in your business plan for each new venture. In addition to learning the expected return on their investments, potential investors in a business often want to know when they may expect to see those returns. This is because it might take some businesses years to start making a profit, losing money frequently in the initial months or years before breaking even. This is why any business plan should include a section on break-even point.
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Why u think the porcentage of tax filers has most dramatically increased for the 65+ age group?
Answer:
The more people that retire, the more it increased.
Explanation:
Typically when people retire, they get their taxes filed. The percentage of the 65+ age group who have their taxes filed increases the more people who retire, then typically use tax filers.
Answer: The percentage of tax filers has most dramatically increased for the 65+ age group because
more people in the 65+ community are retiring and so, they are getting their taxes filed.
Good luck!
3.
Jobs Boost as Lidl Unveils Plans for £20m Warehouse Expansion
The German supermarket giant Lidl has plans to expand its distribution centre in County Antrim and open additional stores across Northern Ireland. The company is already recruiting new employees to facilitate its growth and expansion plan. Throughout the build, it could be employing more than 100 construction workers as well.
Source: Belfast Telegraph, June 12, 2015
a. Which of Lidl’s decisions described in the news clip is a short-run decision and which is a long-run
decision?
b. Why is Lidl’s long-run decision riskier than its short-run decision?
Answer:
Lidi
a. Lidi's decisions:
1. short-term decision: The company is already recruiting new employees to facilitate its growth and expansion plan.
2. long-term decision: The German supermarket giant Lidl has plans to expand its distribution centre in County Antrim and open additional stores across Northern Ireland.
Throughout the build, it could be employing more than 100 construction workers as well.
b. Lidi's long-run decision is riskier than its short-run decision because increased uncertainty is involved in the long-run decision than in the short-run decision.
Explanation:
Short-run decisions are the decisions by Lidi that are current, usually within a year's horizon or covering a short period of about 12 calendar months. The long-run decisions are projections for the future, which are always shrouded with uncertainties because it difficult to predict with precision what happens in the long-run.