A sales day book is best described as what?
Answer:
The sales day book is a manually-maintained ledger in which is recorded the key detailed information for each individual credit sale to a customer, including the following: Customer name. Invoice number. Invoice date.
This is from goog le
In My own words: sales day book is a ledger or book which they record key detailed information and for each individual credit sale to a customer, which unlikes their customer name, invoice number, invoice date. It kind of shows the seller or workers sale credit to a customer.
Explanation:
Choose 2 multinational companies (1 U.S.-based company + 1 foreign-based company).
Visit the websites of the 2 companies and conduct research using databases such as Business and Company ASAP and Business
Source Complete.
How do these 2 multinational companies have organized their global business operations?
What are their similarities and differences, and what might explain those similarities and differences?
How might you characterize their business and international strategies?
Tools like nation portfolio analysis and political risk assessment, which primarily concentrate on the potential benefits from doing business in emerging countries, are used by companies that seek new markets.
How a Global Corporation Operates?An organisation is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation. Some people might restrict the term to only include businesses with at least 25% of their revenue coming from sources outside of their own nation.
What Are Some of the Risks Facing Global Corporations?The various nations and regions in which multinational firms operate expose them to dangers. These include potential dangers to regulations or the law, political unpredictability, crime and violence, and cultural
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Differentiate between the two concepts 'sole proprietorship' and partnership.
A sole proprietorship is an unincorporated entity that does not exist apart from its sole owner. A partnership is two or more people agreeing to operate a business for profit. The Partnership firm is governed by the Partnership Act and a Sole Proprietorship is not governed by any specific statutory body
A sole proprietorship has one owner, while a partnership has two or more owners. Sole proprietorships and partnerships are common business entities that are simple for owners to form and maintain. The main difference between the two is the number of owners.
it is in above attachment
distinguish between price elasticity of demand and price elasticity supply
Answer:
The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price. The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price
How do these three rules apply to your life? Explain them in your words and try to think about how they relate to your financial situation. (Hint: Think about how you earn money and how you spend money, also imagine that you have been offered a credit card with a starting line of credit at $1000)
Rule 1 - Don't have debt rise faster than income, because the debt burden will eventually crush you
Rule 2 - Don't have income rise faster than productivity, because you will eventually become uncompetitive
Rule 3 - Do all that you can to raise your productivity, because in the long run that's what matters most
The three rules below will help individuals achieve financial stability and security, which is critical for living a happy and stress-free life. They can learn new skills, enroll in courses, read books, and so on to increase their productivity levels.
Rule 1: Don't have debt rise faster than income, because the debt burden will eventually crush you.To avoid falling into a debt trap, one should prioritize their spending. It's always a good idea to live within one's means and avoid spending more than they earn.Rule 2: Don't have income rise faster than productivity, because you will eventually become uncompetitive.It's a good idea to focus on increasing productivity to achieve long-term financial stability. One must avoid situations where they are not productive but are earning more money, as this can make them uncompetitive in the long run.Rule 3: Do all that you can to raise your productivity, because in the long run that's what matters most.Productivity is the most critical factor in achieving financial stability. Increasing productivity can lead to higher earnings, which can help you reach your financial goals faster.Individuals must always make efforts to improve their productivity. It's always a good idea to live within one's means, avoid unnecessary debt, increase productivity, and invest in oneself. In conclusion, the above three rules can be beneficial to anyone looking to achieve financial stability.
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A Market share is usually stated as a
Answer:
stock
Explanation:
a stock is a a share of a company
what are the two aspects of the evaluation process in Step 5 for Taking Marketing Action? Why is this important
The two aspects of the evaluation process in Step 5 for Taking Marketing Action are:
Implementation and control. They ensure that the entrepreneur is following through on his plans.What are the required steps?The required steps for taking marketing action are: stating a mission, analyzing the situation in question, drawing a plan, stating the marketing mix, and then implementing and establishing controls.
The last two steps are important because they help to ensure that the drawn plans are followed to the teeth. They also help the entrepreneur to remain on track while trying to establish a workable structure.
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A stick is 5 m long. A rope is 4 times as long as the stick.
If the rope is divided into 2 pieces, how many meters long is each piece of rope?
Answer:
10
Explanation:
5×4=20÷2=10
five times four is twenty divided by two is ten
please help me answer this...
When there is no room for growth within a company, an employee cannot __________.
a.Be promoted to new positions horizontally
b.Find other jobs from a new employer
c.Be considered for salary increases
d.Be promoted vertically to new positions
please help
Answer:
Be promoted vertically to new positions
When there is no room for growth within a company, an employee cannot be promoted vertically to new positions. Thus, option D is correct.
Who is an employee?The employees whose employers one more as a trade-off for monetary or other payment. At the point when a singular starts a drawn-out working relationship with a business, that individual, for the most part, turns into a worker, however, there are exemptions.
At the point when there is no space for development inside an organization, a worker can't be elevated upward to new positions. Superior workers neglect to get advanced in light of the fact that they have been educated to try sincerely and center around dominating the actual work.
As the company may not have a position or a different line of work. This will suggest that the person will be entering a no-growth zone. Therefore, option D is correct.
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. Explain the role of money in specialisation and division of labour
Answer:Money plays a crucial role in the process of specialization and division of labor. As an economy grows, the division of labor becomes more complex, and people begin to specialize in specific skills and trades. Specialization and division of labor increase productivity and efficiency, which leads to economic growth. Money facilitates the exchange of goods and services between people who have specialized in different areas.When people specialize in specific skills or trades, they produce goods or services that are unique and valuable. Money allows them to exchange these goods and services with other people who have specialized in different areas. This exchange of goods and services is made possible by the use of money, which serves as a medium of exchange. Without money, people would have to rely on bartering, which would be difficult and inefficient.Moreover, money encourages further specialization and division of labor. When people are able to earn money by specializing in a particular skill or trade, they are more likely to continue doing so. This creates a positive feedback loop, leading to increased specialization, higher productivity, and economic growth.In summary, money plays a critical role in the process of specialization and division of labor by facilitating the exchange of goods and services between people who have specialized in different areas. Money encourages further specialization and division of labor, leading to higher productivity, efficiency, and economic growth.
Explanation:
14) You are in a virtual one-on-one meeting. How should you conduct yourself in this kind of meeting?
A) Dress casually to make the one-on-one conversation feel more casual.
B) Maximize the amount of time you spend looking directly at the camera
C) focus your gaze on yourself so the other person does not feel uncomfortable
Answer:
The answer is B) Maximize the amount of time you spend looking directly at the camera.
Explanation:
Looking directly at the camera is important because it simulates eye contact and helps to build trust and connection. It also shows that you are paying attention and engaged in the conversation, while avoiding the impression of being distracted or disinterested.
Consider the following two stocks, A and B. Stock A has an expected return of 10% and a beta of 1.20. Stock B has an expected return of 14% and a beta of 1.80. The expected market rate of return is 9% and the risk-free rate is 5%. Which security would be considered a good buy?
Answer: Stock B
Explanation:
Use CAPM to calculate the required returns of both stocks.
Stock A
Required return = Risk free rate + beta * ( Market return - risk free rate)
= 5% + 1.20 * (9% - 5%)
= 9.8%
Stock B
Required return = 5% + 1.8 * (9% - 5%)
= 12.2%
Both of them have Expected returns that are higher than their Required returns so both of them are good buys.
The better buy would be the one that has more expected value excess over required return.
Stock A excess = 10% - 9.8% = 0.2%
Stock B excess = 14% - 12.2% = 1.8%
Stock B offers a higher excess and is the better buy.
Which is one of the greatest benefits of being an entrepreneur?
Question 2 options:
Schedule control
Meeting new people
Paying less taxes
Quick return on investment
One of the greatest benefits of being an entrepreneur is Schedule control. Thus the correct option is A.
What is an Entrepreneur?An entrepreneur is refer to an individual who works to innovate new products and processes based on their unique ideas in order to make ease of life. This is a business where a risk-taking attitude is appreciated.
It helps in schedule control by becoming your own boss. Entrepreneur decides where to work and with whom they need to Work. All the decision-making is done by them.
Therefore, option A Schedule control is appropriate.
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12. Regarding business cycles, a boom refers to:
a) A period during which aggregate output declines.
b) The period in the business cycle from a trough up to a peak during which output, and
employment grow.
c) The period in the business cycle from a peak down to a trough during which unemployment
and inflation fall.
d) A prolonged increase in the output level.
For questions 13 and 14, consider the following labour market data for a hypothetical economy:
+16 age population at working age: 100
Number of people in the labour force: 50
Number of unemployed people: 5
Number of people informally employed: 2
13. What is the labour force participation rate?
a) 50% b) 10% c) 40% d) 60%
14. What is the rate of unemployment?
a) 50% b) 10% c) 40% d) 60%
15. Ahmet is a cashier at a supermarket. As the economy moves towards Industry 4.0, the
supermarket starts to use automated tellers. Ahmet loses his job and is now unemployed. This is
an example of:
a) cyclical unemployment b) frictional unemployment
c) structural unemployment d) non-institutional population
Answer: A business cycle or boom-bust cycle refers to the alternating periods of recession and recovery. Changes in production and trade in a market economy cause these alternating periods. We often use the term together with the economic bubble.
12. The period in the business cycle from a trough up to a peak during which output, and employment grow. B
13. The labour force participation rate is 10 percent
14. The rate of unemployment is 40 percent
15. Cyclical unemployment is the component of overall unemployment that results directly from cycles of economic upturn and downturn. Unemployment typically rises during recessions and declines during economic expansions. Moderating cyclical unemployment during recessions is a major motivation behind the study of economics and the goal of the various policy tools that governments employ to stimulate the economy. True
Frictional unemployment: the unemployment which exists in any economy due to people being in the process of moving from one job to another. False
Structural unemployment: unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand. False
Non-institutional: False
Explanation: Hope the explanation above was helpful
An auditor who wishes to work in public accounting would strongly consider
getting which
certification/license?
O A. CMA
OB. CFE
OC. CIA
OD. CPA
Irene Watts and John Lyon are forming a partnership to which Watts will devote one-half time and Lyon will devote full time. They have discussed the following alternative plans for sharing income and loss: (a) in the ratio of their initial capital investments, which they have agreed will be $42,000 for Watts and $63,000 for Lyon; (b) in proportion to the time devoted to the business; (c) a salary allowance of $6,000 per month to Lyon and the balance in accordance with the ratio of their initial capital investments; or (d) a salary allowance of $6,000 per month to Lyon, 10% interest on their initial capital investments, and the balance shared equally. The partners expect the business to perform as follows: year 1, $36,000 net loss; year 2, $90,000 net income; and year 3, $150,000 net income. Required: Complete the tables, one for each of the first three years, by showing how to allocate partnership income or loss to the partners under each of the four plans being considered. (Do not round intermediate calculations. Round final answers to the nearest whole dollar. Enter all allowances as positive values. Enter losses as negative values.)
Answer:
Irene Watts and John LyonAllocation of Partnership Income or Loss under these plans:(a) in the ratio of their initial capital investments, which they have agreed will be $42,000 for Watts and $63,000 for Lyon:
Year 1 Year 2 Year 3
Net Income / (Loss) ($36,000) $90,000 $150,000
Watts 40% (14,400) 36,000 60,000
Lyon 60% (21,600) 54,000 90,000
(b) in proportion to the time devoted to the business:
Year 1 Year 2 Year 3
Net Income / (Loss) ($36,000) $90,000 $150,000
Watts 1/3 (12,000) 30,000 50,000
Lyon 2/3 (24,000) 60,000 100,000
(c) a salary allowance of $6,000 per month to Lyon and the balance in accordance with the ratio of their initial capital investments:
Year 1 Year 2 Year 3
Net Income / (Loss) ($36,000) $90,000 $150,000
Less Salary (72,000) (72,000) (72,000)
Distributable Income/(Loss) (108,000) $18,000 $78,000
Watts 40% ($43,200) $7,200 $31,200
Lyon:
Salary 72,000 72,000 72,000
Distributable 60% (64,800) 10,800 46,800
Net share $7,200 $82,800 $118,800
(d) a salary allowance of $6,000 per month to Lyon, 10% interest on their initial capital investments, and the balance shared equally:
Year 1 Year 2 Year 3
Net Income / (Loss) ($36,000) $90,000 $150,000
Less Salary (72,000) (72,000) (72,000)
Less Interest on Capital (10,500) (10,500) (10,500)
Distributable Income/(Loss) (118,500) 7,500 67,500
Watts:
Interest on Capital 4,200 4,200 4,200
Distributable income 40% (47,400) 3,000 27,000
Share of profit or loss ($45,400) $7,200 $31,200
Lyon:
Salary 72,000 72,000 72,000
Interest on Capital 6,300 6,300 6,300
Income/Loss 60% (71,100) 4,500 40,500
Net share $7,200 $82,800 $118,800
Explanation:
a) Data and Calculations:
Net Income of Loss:
Year 1 = $36,000 loss
Year 2 = $90,000
Year 3 = $150,000
Sharing plans:
a) Capital:
Watts $42,000 = $42,000/$105,000 = 40%
Lyon $63,000 = $63,000/$105,000 = 60%
b) Time devotion:
Watts 1 = 1/3 or 33%
Lyon 2 = 2/3 or 67%
c) a salary allowance of $6,000 per month to Lyon and the balance in accordance with the ratio of their initial capital investments:
Distributable Income / Loss:
Year 1 = ($36,000) - $72,000 = ($108,000)
Year 2 = $90,000 - $72,000 = $18,000
Year 3 = $150,000 - $72,000 = $78,000
fill in the blank. ___ is the management process of evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.
Controlling is the management process of comparing the actual performance of business operations to the plan and making changes as necessary to keep the organization moving forward and toward its objectives.
What does controlling mean in the management process?Parts of the controlling process in corporate management include planning, monitoring, and enhancing operations while managing cost control. Changes in the supply chain, customer demand, and other aspects that affect a business' ability to survive can all be negotiated by a business via a controlling process.
What part does management play in regulating?One of a manager's most important duties is controlling. Making sure that duties are carried out within an organization in line with the plans is what this includes. Furthermore, it ensures that resources are being used effectively and efficiently to achieve set goals.
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1.What is Barbara's net monthly income?
2.How much are Barbara’s regular monthly expenses?
3.How much does Barbara have left over after she pays her regular monthly expenses?
4.What are Barbara’s short term goals?
5.What is her long term (longer than 1 year) goal?
6.If the party Barbara is giving will cost $135, how much money will she have left over this month?
7.How much would Barbara have left over this month is she paid her regular expenses, saved for Christmas, and had a party for Sara?
8.How much do you think Barbara would need to put into savings every month to reach her long term goal?
Answer:
1. 389.60
2. 160 a month
3. 229.60
4. Party clothes, Saving for Christmas, and MP3 Repair
5. College
6. 94.60
Think of as many problems, challenges or issues that affect you, your school, or your community. Create a list of as many of these issues that come to mind. At this phase, aim for quantity over quality and let your imagination run wild! List at least 5.
Eating healthy
Need for working out
Getting more sleep
Wanting to go different places and not stay in one place for ever.
Learning new stuff
Productivity can be improved by:
Answer:
increasing the output for the same number of inputs
Explanation:
Based on your research, complete the following:
Discuss how your selected country's culture impacts the ethical reasoning of its people.
Describe how the country's ethical reasoning might disrupt global business.
Culture can significantly impact ethical reasoning, creating conflicts between different cultural norms and values that can disrupt global business, but a nuanced and culturally sensitive approach can help companies navigate these challenges.
Culture can have a significant impact on ethical reasoning, as it shapes people's values, beliefs, and attitudes towards different ethical issues. For example, in some cultures, there may be a strong emphasis on individualism and personal achievement, while in others, collectivism and group harmony may be prioritized. This can lead to different perspectives on issues such as corporate responsibility, environmental sustainability, and human rights.
In some cases, a country's ethical reasoning can disrupt global business by creating conflicts between different cultural norms and values. For example, a company that operates in a country with a strong emphasis on individualism may struggle to meet the expectations of stakeholders in a country with a more collectivist culture. Similarly, a company that operates in a country with a lax regulatory environment may face criticism and backlash from stakeholders in countries with stronger regulatory standards.
One specific example of cultural differences impacting global business can be seen in the case of labor standards. In some countries, there may be a cultural acceptance of low wages and poor working conditions, which can create challenges for companies that operate in those countries and are subject to pressure from consumers and investors to improve labor standards. At the same time, companies that prioritize high labor standards in countries with low cultural expectations may face challenges in maintaining profitability and competitiveness.
Overall, understanding the cultural factors that shape ethical reasoning is important for global businesses to navigate the complex ethical and social issues that arise in different contexts. By taking a nuanced and culturally sensitive approach, companies can build trust and credibility with stakeholders while also maintaining a competitive edge in the global marketplace.
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Mass Company is investing in a giant crane. It is expected to cost $6 million in initial investment, and it is expected to generate an end-of-year cash flow of $3 million each year for three years. At the end of the fourth year, there will be a $1 million disposal cost. Calculate the MIRR for the project if the cost of capital is 12 percent.
Answer:
17.8%
Explanation:
the formular for MIRR
= \(\frac{FVcashinflow}{PVcashoutflow } ^{1/n} -1\)
we solve for the future value =
3(1+0.12)³ + 3(1+0.12)² + 3(1+0.12) =
4.2147 + 3.7632 + 3.36
= 11.3379
we also calculate present value
= \(6-[\frac{1}{1+0.12}] ^{4}\)
= 6-0.6355
= 5.3645 million
MIRR = \([\frac{11.3379}{5.3645}] ^{1/4}\)-1
= 0.178
= 17.8%
6. Comparative advantage is when A. B. C. D.
A. one person can produce more of a good than another person.
B. one person can produce a good at a lower opportunity cost than another person.
C. Two parties can complete a task equally well.
D. one person can produce a good at a higher opportunity cost than another person.
B. one person can produce a good at a lower opportunity cost than another person.
Comparative advantage is a concept in economics that refers to the ability of a person, firm, or country to produce a good or service at a lower opportunity cost than another. Opportunity cost is the cost of forgoing an alternative opportunity in order to pursue a particular action. Hence, the correct option will be B: one person can produce a good at a lower opportunity cost than another person.
For example, let's say Person A can produce 10 units of product X or 5 units of product Y in one hour, while Person B can produce 8 units of product X or 4 units of product Y in one hour. Person A has an absolute advantage in producing both X and Y, as they can produce more of each product than Person B. However, Person B has a comparative advantage in producing product Y, as they can produce it at a lower opportunity cost than Person A, since they have to give up less of their production of product X to produce product Y.
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James is an efficient sales professional. However, in the past few months, he hasn’t been performing to the best of his ability because of the change in modules. What should James’s manager do?
A.
change his team
B.
find out the cause of his behavior from his friends and relatives
C.
send him to another training session
D.
fire him because there’s no excuse for not performing well
Answer:
C. send him to another training session
Explanation
plato
Which types of objects can contribute to caught-in or caught-between incidents
A diesel-powered tractor with a cost of $250,020 and an estimated residual value of $6,200 is expected to have a useful operating life of 73,000 hours. During April, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. $fill in the blank 1
Answer: 365
Explanation:
Suppose N= 15 and r=4.
What is the probability of x = 3 for n = 10 (to 4 decimals)?
Using the Hypergeometric distribution principle, the probability of X = 3 in the function is 0.4396
Defining an hypergeometric distribution function :
\(P(X = k) = \frac{ \binom{r}{k} \binom{N - r}{n - k} }{ \binom{N}{n} } \)
The parameters given :
N = 15 r = 4 X = 3 n = 10\(P(X = 3) = \frac{ \binom{4}{3} \binom{15 - 4}{10 - 3} }{ \binom{15}{10} } = \frac{ \binom{4}{3} \binom{11}{7} }{ \binom{15}{10} }\)
Using Combination :
Recall : nCr = n! ÷ (n-r)!r!
Using a calculator :
\(P(X = 3) = \frac{ \binom{4}{3} \binom{15 - 4}{10 - 3} }{ \binom{15}{10} } = \frac{ \binom{4}{3} \binom{11}{7} }{ \binom{15}{10}} = \frac{(4 \times 330)}{3003} = \frac{1320}{3003} = 0.4396\)
Therefore, the probability of X = 3 in the hypergeometric function is 0.4396 (rounded to 4 decimal places).
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Cullumber Company uses a periodic inventory system and reports the following for the month of June.
What is the weighted-average unit cost ?
For the month of June, Cullumber Company reports using a periodic inventory system. The weighted-average unit cost is $10.117, or $951 ÷ 94.
How do periodic inventory systems record inventory?All purchases made between physical inventory counts are recorded in a purchases account under the periodic inventory system. After a physical inventory count, the balance in the purchases account is moved into the inventory account, where it is rebalanced to match the cost of the finished inventory. Simply put, to determine the weighted average, all data set values must first be multiplied by their respective weights. After that, add up the products that resulted and divide by the total weights. While managing rates, one will as a rule observe that the amount of loads is equivalent to 1 or 100 percent.
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Patricia and Joe Payne are divorced. The divorce settlement stipulated that Joe pay $550 a month for their daughter Suzanne until she turns 18 in 3 years. Interest is 6% a year. How much must Joe set aside today to meet the settlement? (Do not round intermediate calculations. Round your answer to the nearest cent.)
Answer:
Present Value= $18,079.05
Explanation:
Giving the following information:
Monthly payment= $550
Number of months= 3*12= 36 months
Interest rate= 0.06/12= 0.005
To calculate the lump sum to set aside to pay the settlement, first, we need to calculate the future value:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {550*[(1.005^36) - 1]} / 0.005
FV= $21,634.85
Now, the present value:
PV= FV / (1+i)^n
PV= 21,634.85 / (1.005^36)
PV= $18,079.05