Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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Discretionary income might be used to buy which items?
Answer: Movie Tickets
Explanation:
A dometic firm may decide to contract for the production of its goods by established foreign manufacturer. Such pricate-label manufacturing by a foreign company is called
Answer:
Contract manufacturing.
Explanation:
A domestic firm may decide to contract for the production of its goods by established foreign manufacturer. Such private-label manufacturing by a foreign company is called contract manufacturing.
Contract manufacturing involves the process of outsourcing a company's manufacturing business, such that a foreign company engages in the production of a private-label product which are then primarily marketed or distributed by a domestic company under its own brand name.
This ultimately implies that, it is a manufacturing process which involves the production of goods by a company under the brand name of another company.
Which of the following techniques helps a company learn more about its target market?
1. Market research
2. Publicity
3. Personal selling
4. Market segmentation
Answer:
Market research
Explanation:
Customers can be internal or external to an organization.
O False O True
Answer:
true
Explanation:
Customers can be either internal or external to an organization. Hence the given statement is true.
Internal customers are people or divisions within the same company who purchase goods, services, or information from other people or divisions within the company. As an illustration, as part of the internal workflow, many divisions inside a firm could offer services or transport goods to one another.
On the other hand, external clients are people or organizations that do business with the organization but do so on an unofficial basis. These could be people, other companies, clients, consumers, or any other parties that interact with the organization's goods or services on a non-internal basis.
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why can customers need change
Which of the following resources is sustainable? Coal Petroleum Natural gas Sunlight
OSHA Part 1926 Subpart K covers the safety and health regulations for which of the following?
O Personal protective equipment
O Electrical work
O Welding and cutting
O Toxic substances
Answer:
the answer is electrical work
Explanation:
um I just looked it up to be honest
mention three effects of fraud on the fraudster
Answer:
1. A typical organization loses approximately 5 percent of its annual revenue to fraudulent acts
2..Fraud always involves deception, confidence, and trickery.
3..Fraud lowers organizations' net income dollar for dollar. To recover these costs, consumers and individuals pay more for goods and services
Explanation:
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Exxon, an energy company, thinks demand for oil, gas, and coal will increase for the foreseeable future, meaning 20-30 years. But they are hedging that bet by investing in small biofuels projects. This is called
Answer:
Forecasting
Explanation:
Forecasting is the way by which businesses predict future economic conditions by using past information and present economic situation to make informed guess about the future.
Forecasting is used by businesses to develop strategies that will ensure their future profitability.
In this instance Exxon predicted demand for oil, gas, and coal will increase for the foreseeable future of 20 to 30 years.
However their present activity is investment I sample biofuel projects.
This is forecasting the trend of demand in the oil and gas industry.
Which of the following is an example of the ethical issue of gift-giving in the
health care industry?
Answer:
Patient Privacy and Confidentiality. The protection of private patient information is one of the most important ethical and legal issues in the field of healthcare. ...
Transmission of Diseases. ...
Relationships. ...
End-of-Life Issues
etc.
Answer:
A doctor prescribes medication to patients after the pharmaceutical company present tickets to a basketball game to the doctor.
Explanation:
good luck with your homework <3
Hibiscus Co has a debt-equity ratio of 0.80. The firm is analyzing a new project which requires an initial cash outlay of $300,000 for new equipment. The flotation cost for new equity is 9% and for debt 4.95%. What is the initial cost of the project including the flotation costs?
Answer:
$321,600
Explanation:
debt equity ratio = debt / equity
since the debt to equity is 0.8, that means that for every $ invested from equity, $0.80 will be borrowed. If the new project requires an initial cash outlay of $300,000:
then $300,000 / $1.80 = $166,667 will be new equity and $133,333 will be new debttotal cost of initial outlay including flotation costs = ($166,667 x 1.09) + ($133,333 x 1.0495) = $181,667 + $139,933 = $321,600
flotation costs include all the costs associated with issuing new stocks or taking new debt.
what is dismissal in business?
Answer:
A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?
What does health insurance cover? If you pass will they help with funeral cost?
Answer:
Funeral or bereavement expenses aren't considered medical expenses and can't be paid for using funds from a Medical Savings Account plan.
Which element of a business does the following statement represent?
“Hire new resources for Sales team”
Answer:
Objective
Explanation:
In a market system the allocation of scarce goods involves the consideration of:_____.
a. what must be sacrificed in using a resource for its next-best use.
b. identifying the possibility of professional advancement.
c. the time required to pursue an economic activity.
d. the dollar cost of any good or service.
Answer:
a. what must be sacrificed in using a resource for its next-best use
Explanation:
The distribution of the scare resources or goods in the market system could consist of the consideration that could be sacrificing of a resource for the best use in the next time
So here in the given situation, the option A is correct as it fits to the given scenario and all the other options that are given are to be ignored as they are not relevant
Therefore the correct option is A.
4) Tye-Dye Sports manufactures custom long boards and has fixed costs of $945.00 per week and total costs of $8070.00 if the weekly output is 15 boards.a) Write the equation for the cost function, C(x). x is the number of long boards.b) If the boards sell for $546.00 a piece, write the equation for the revenue function, R(x).c) Write the profit function, P(x).d) How many long boards will the company need to manufacture and sell each week to break even?
Answer:
Tye-Dye Sports
a) Cost function, C(x) = $475x + $945 = $8,070
b) Revenue function, R(x) = $546x
c) Profit function, P(x) = R(x) - C(x)
d) To break-even, Fixed cost/Contribution per unit
= 13.3 or 14
Explanation:
a) Data and Calculations:
Fixed costs = $945 per week
Total costs = $8,070 per week
Production units = 15 boards per week
Variable costs = Total costs minus fixed costs
= $7,125 ($8,070 - 945)
Variable cost per unit = $7,125/15 = $475
Cost function, C(x) = $475x + $945 = $8,070
Revenue function, R(x) = $546x
Profit function, P(x) = R(x) - C(x)
= $546x - ($475x + $945)
Contribution per unit = $546 - $475 = $71
To break-even, Fixed cost/Contribution per unit
= $945/$71 = 13.3 or 14
What is the difference between Product
Markets & Factor Markets?
Answer:
The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods. ... Anything used in making a finished product—labor, raw materials, capital, and land—make up a factor market.
Hope it helps you⚛☸.Thanks....
The tax rates for a particular year are shown below: Taxable Income Tax Rate $0 – 50,000 15 % 50,001 – 75,000 25 % 75,001 – 100,000 34 % 100,001 – 335,000 39 % What is the average tax rate for a firm with taxable income of $130,513?
Answer:
The average tax rate is 26.17%
Explanation:
The computation of the average tax rate having the taxable income is $130,513 is shown below:
$50,000 × 0.15 = $7,500
$25,000 × 0.25 = $6,250
$25,000 × 0.34 = $8,500
$30,513 × 0.39 = $11,900.07
Tax amount is $34,150.07
Now the average tax rate is
= Tax amount ÷ taxable income × 100
= $34,150.07 ÷ $130,513 × 100
= 26.17%
Hence, the average tax rate is 26.17%
an example of economic profit motive
To arrive at an economic decision, a decision-making grid may be used to evaluate
To arrive at an economic decision, a decision-making grid may be used to evaluate Alternative choices of action. Thus the correct option is A.
What are economic decisions?Economic decisions of the country is based on the economy which is calculated by determining the production and consumption that takes place within a specified period.
This economy reflects the economic resources which are useful in making economic decisions based on savings and investment as well as the distribution of commodities that takes place in a country.
To determine the best decision, alternative options should be evaluated in decision making a grid to make optimum utilization of resources and make an effective decision that helps in achieving growth.
Therefore, option A is appropriate.
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You are a manager for an office supply company. Your son needs supplies for a science project due by the end of the week. It will be another week before you get paid. What should you do?
Answer:
register this as a credit transaction waiting for payment processing
Explanation:
The best thing to do in this scenario would be to take the supplies and register this as a credit transaction waiting for payment processing. That way there is a financial journal entry stating where the supplies went and that they are not missing. Then when you get paid next week you can simply pay for the supplies and change the transaction as completed/paid.
There is a difference between Ethics and Law.
Write a paragraph explaining what ETHICS are and write a paragraph explaining what the LAW is.
Then write a paragraph on how ethics and law are similar and write a paragraph on how ethics and law are different.
You will be writing a total of 4 paragraphs. In your explanation paragraphs, you should include examples as well.
Answer:
Ethics are a thing of morals. They are someone's beliefs and opinions on what is right and wrong, and differ from person to person. Ethics are decided based on a persons upbringing, experiences, and social status; other things also play a part, but these are usually the most decisive factors. Ethics govern one's behaviour; people live their lives in many different ways based on these principals, despite the fact that a lot of the time there is no law telling them to, e.g. someone not swearing because they think it's wrong, despite there being nothing prohibiting them from doing so.
Law is the system of rules which a country and its inhabitants must abide. Laws are in place to make everyone behave "correctly", and while they do limit the actions of many, some do break them. If a person refuses to follow the law, or breaks one of them, they are punished either with a fine, jail time, and in some places, death.
Both ethics and law are meant to stop someone from behaving a certain way. They are both a set of rules, and while some of those rules are bent or broken in both cases, for the general population they do their job in making sure the person they're trying to control actually listen. You could also say both come with the threat of penalty if disobeyed; breaking the law is often followed by fines and sometimes jail time, breaking your ethics is often followed by intense feelings of guilt and sometimes effects on ones mental health.
However, unlike ethics, laws do not differ from one person to another, and are the same for everyone living in the subject country. For example, the law prohibiting murder applies to everyone, but the ethical choice not to smoke doesn't. Both have effects on peoples lives and how we all behave, but law is imposed by the government and is something that must not be broken, while you personally decide whether or not it's okay to break your morals; your ethics change as you grow and mature as a person, your laws do not.
Step-by-step explanation:
i hope this is okay! i dont take this subject but ive been told im okay at writing, so im hoping it makes enough sense. its like 3am for me so im putting any spelling or grammar mistakes down to that lol. sorry if its not right! have a nice day/night
When making a decision, you decide that the expected benefits of your choice outweigh the expected benefits of all other options. This describes the _________________ of your decision.
Answer:
The right solution will be "trade-offs".
Explanation:
An exploration of trade-offs is a way of choosing between opposing alternatives. Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.Answer:
trade offs
Explanation:
An exploration of trade-offs is a way of choosing between opposing alternatives.
Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.
Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
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1. Imagine that you are considering expanding and diversifying your tech business into international
markets. Before you decide to make this shift in your company, you want to weigh the advantages
and disadvantages of international trade. Identify and analyze several advantages and several
disadvantages that you would consider and explore how international trade may impact the
decisions that you make for your business. Explain. Then discuss the impact of cultural and social
environments on global trade.
Answer:
A good way to determine if expanding the business into international trade is to use a tool to analyze the international enviroment.
The tool that can be used is PESTEL, which is an accronym for Political, Economical, Social, Technological, Enviromental, and Legal factors.
To complete a Pestel, the strategist of the company simply has to add the relevant factors related to the external enviroment in each one of the six cateogories.
Like this, the strategist can analyze the international enviroment, in order to determine whether it is advisable to expand the technological business or not.
These hotels are cater primarily to ___________ travelers.
answer
Resort hotels cater primarily to leisure travelers. The rack rate refers to the lowest price a hotel will charge for a room. Usually, the better the hotel's location, the higher the price.
Differentiate between generic and enterprise competition
Answer:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseFor better understanding, lets explain what Differences between generic and enterprise competition
Generic competition is a type of competition that is outward-oriented and focuse on products. the market that exists here consists of those products and services fulfilling the same customer needCompetitive Enterprise is simply when an existing or planned business enterprise are involved or engages in any activity and also owns or controls some a useful interest and are involved in any activity that tends to competes or will compete with other enterpriseFrom the above, we can therefore say that the answer
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseLearn more about enterprise competition from:
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can you ask the owner of brainly if he could give me $100,000 this is not a prank
Answer:
Im pretty sure they can't do that
Explanation:
Because its a learning app not a money making app.