Cost of goods sold (COGS). The carrying value of goods sold during a specific period is referred to as the cost of goods sold.
What is cost of goods sold ?Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out (FIFO), or average cost. Costs include all purchase, conversion, and other costs incurred in bringing the inventories to their current location and condition.
Material, labour, and allocated overhead are all included in the costs of goods manufactured by businesses. The costs of goods that have not yet been sold are deferred as inventory costs until the inventory is sold or written down in value.
Many businesses sell goods that they have purchased or manufactured. When goods are purchased or manufactured, the costs associated with those goods are capitalised as part of the inventory (or stock) of goods. These expenses are deducted when the company recognises income from the sale of goods.
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timothy owns 540 shares of countess corporation, which is priced at $13.53 per share. the company plans a 1-for-4 reverse stock split. how many shares will timothy own and what will the share price be after the reverse stock split?
The share price after the reverse stock split will be $1826.55.
What is the share price?
The cost of one share of a company is known as share price.
What is the reverse stock split?
Companies can lower the number of outstanding shares in the market by implementing a reverse stock split.
Given that the number of shares of Timothy is 540.
Now Company plans a 1 for 4 reverse stock split.
It means if he sell 4 shares then he will get price of one share.
The number of shares of Timothy is one fourth of his total number of shares.
The number of shares is (540/4) = 135
The priced of one share is $13.53.
The cost of 135 shares is $(135 × 13.53) = $1826.55
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using the aging method for recording bad debt expense, estimated uncollectible accounts are $55,000. if the balance of the allowance for doubtful account is $11,000 debit before adjustment, what is the balance after adjustment?
The adjusted balance is $66000. Adjusted balance is one of several ways that credit card businesses use to estimate a cardholder's finance account.
What is adjusted balance?Credit card companies use adjusted balance as one of several methods to calculate a cardholder's finance charge. The latter is the fee charged when a cardholder carries a balance from month to month rather than paying the balance in full by the due date of each month. The adjusted balance method of calculating your finance charge subtracts any payments and credits made during the current billing cycle from the previous balance at the end of the previous billing cycle. New charges incurred during the billing cycle are not taken into account in the adjusted balance. The 'Remaining Statement Balance' is your 'New Balance' less payments, returned payments, applicable credits, and amounts in dispute since the last statement closing date.To learn more about adjusted balance, refer to:
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Static or declining incomes among a large portion of the u. S. Population is an economic factor that can impact cinnabon’s marketing activities because
Static or declining incomes among a large portion of the u. S. Population is an economic factor that can impact cinnabon’s marketing activities because it may lead Cinnabon to raise or lower the costs of its products.
The motive of advertising is to attain your target audience and communicate the benefits of your service or product — so you can successfully gather, keep, and develop clients. So, your marketing desires need to relate to the unique business targets your employer desires to achieve.
The importance of advertising on your enterprise is that it makes the customers privy to your products or services, engages them, and allows them to make the buying decision. Furthermore, an advertising plan, part of your marketing strategy enables in growing and maintaining call for, relevance, recognition, competition, and so forth.
The selling concept is one of the maximum famous advertising concepts available because it takes into consideration the realities of commercial enterprise — even dependable customers may not be enough to hold you going. With the promoting idea, organizations ought to be precise at locating capability clients and persuading them to shop for.
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murphy's, incorporated, has 25,000 shares of stock outstanding with a par value of $1 per share. the market value is $10 per share. the balance sheet shows $76,500 in the capital in excess of par account, $25,000 in the common stock account, and $145,500 in the retained earnings account. the firm just announced a stock dividend of 12 percent. what will the balance in the capital in excess of par account be after the dividend?
The balance in the capital in excess of the par account after the dividend will be $103,500.
Number of shares issued as dividend = 12% Number of shares outstanding
Number of shares issued as dividend = 12% 25,000
Number of shares issued as dividends = 3,000
Increase in common stock = Number of shares issued as dividend * Par value per share
Increase in common stock = 3,000 $1.00
Increase in common stock = $3,000
Decrease in retained earnings = Number of shares issued as dividend * Market price per share
Decrease in retained earnings = 3,000 $10.00
Decrease in retained earnings = $30,000
Increase in the capital in excess of par = Decrease in retained earnings - Increase in common stock
Increase in capital in excess of par = $30,000 - $3,000
Increase in capital in excess of par = $27,000
Balance in the capital in excess of par after dividend = Balance in the capital in excess of par before dividend + Increase in the capital in excess of par
Balance in capital in excess of par after dividend = $76,500 + $27,000
Balance in the capital in excess of par after dividend = $103,500
Market value commonly referred to as "open market valuation," is the cost that an asset would command on the open market or the estimation that the financial community makes of a specific equity or company.
The estimated worth of the land according to the records kept by the relevant state government is known as the market value of land or the guidance value of a property. The minimal price at which the sale of a property can be registered with the state is known as the circle rate in various states.
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the managers of a production line that fills cereal boxes would like to reach a six sigma level of quality in terms of product weight. the desired range of output extends from 10 to 16 ounces. in order to reach six sigma quality, what would the maximum standard deviation of output need to be?
The maximum standard deviation of output needs to be will be 0.5 ounces
The deviation is a measure used in statistics and mathematics to find the difference between the observed and expected values of a variable. The deviation is simply the distance from the center point.
Sentence Examples of Deviation
It was a departure from his usual routine for him to drink juice instead of coffee. The pattern deviates significantly from the norm.
A deviation is defined as any unwelcome event that deviates from the approved processes, procedures, instructions, specifications, or established standards.
Deviations are possible during the manufacturing, packing, sampling, and testing of pharmaceutical products. Deviations are classified into three types: critical, major, and minor.
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several years ago, bill smith borrowed $125,000 to buy his house. he has a 15 year, monthly payment mortgage with an interest rate of 8.75 percent per annum. bill is thinking about refinancing his house so he would like to know the payoff on his current loan. assuming that he just made payment number 120, compute the payoff on bill's loan.
Bill pays off his debt for 69046.79. Bill Smith acquired his home with a $125,000 loan several years ago. He has a monthly mortgage payment for 15 years with an interest rate of 8.75 percent.
Loan Amount (PV) = $125,000
Period (NPER) = 15 years, per month = 15 * 12 = 18
interest rate = 8.75%, monthly = 8.75 / 12 = 0.7292%
Total payment = 109
To determine Bill's loan payment, we must first find the monthly mortgage payment for the loan using the PMT function in Excel, then use the PV function to determine the payment.
PV -125,000
NPER 180
Interest rate 0.7292%
Monthly payment 1,249.31
Remaining NPER 71
Current value 69046.79
Bill's loan payment will therefore be 69046.79
A percentage of the principal or amount borrowed is what the lender charges the borrower as interest. The annual percentage rate, or APR, is an interest rate, the usual unit used to express the interest rate on a loan (APR).
The amount earned in a savings account or certificate of deposit at a bank or credit union may also be subject to interest rates (CDs). Interest on these bank accounts is calculated as an annual percentage rate (APY).
The borrower is essentially charged interest for the use of the asset. Cash, consumer goods, vehicles, and real estate are examples of loaned mortgage payment assets. As a result, the interest rate can be seen as the "cost of money" because it increases the cost of borrowing the same amount of money.
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the nature of the tax system means that there is usually a trade-off between and the principle pushes governments towards a tax system but considerations push them in the other direction. a(n) tax promotes economic efficency as it does not
The nature of the tax system means that there is usually a trade-off between Equity and Efficiency.
This principle pushes governments towards a progressive tax system but equity considerations push them in the other direction. a(n) ability to pay tax promotes economic efficiency as it does not distort ability-to-pay lump-sum benefits.
Tax efficiency is the payment of fair taxes, while tax equity is the tax laws. In a progressive tax system, those with higher incomes pay more in taxes. This approach can help to lessen societal inequality. As a result, the economy grows, unemployment declines, and the purchasing power of the poor is increased.
The government has a progressive tax system, but tax equity allows people to avoid paying some taxes by using tax codes. It is pushed against the other wall by this tax equality.
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suppose that real interest rates in the u.s. rise relative to real interest rates in other countries. this increase would make foreigners a. more willing to purchase u.s. bonds, so u.s. net capital outflow would rise. b. more willing to purchase u.s. bonds, so u.s. net capital outflow would fall. c. less willing to purchase u.s. bonds, so u.s. net capital outflow would rise. d. less willing to purchase u.s. bonds, so u.s. net capital outflow would fall.
If real interest rate in US rise, so other people in other county will less to purchase U.S bond so US net capital outflow would rise (Option C). It is because A high real interest accounts for a more attractive domestic asset so that it will reduces the net capital outflow.
Real interest rate can be defined as an interest rate that has been adjusted to remove the effects of inflation. The rate of time preference for current goods over future goods can be reflected in the real interest rate. The real interest rate can be affected by several factors, such as countries location and down payment.
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efer to the web work article on buying a car from a private individual. which of the following statements is false? group of answer choices a) you should know if your car is covered by some type of warranty. b) you should solicit the help of a reliable and qualified mechanic to inspect the car after the purchase. c) in most cases, you would not buy a certified pre-owned car from an individual. d) start by making a low offer, most times the seller will counteroffer with a higher price. e) all of the above answers are true, and none of the answers is false
The false statement is option B. You should solicit the help of a reliable and qualified technician to inspect the car after the acquisition.
What is price?The price is the amount that the customer pays for the product or service. The cost represents the seller's investment in the product or service that is later sold. The distinction between price and cost is always determined by the context of the transaction and its location within the supply chain. The price of a product or service exists as the result of a complex set of accounting, analysis and interpretation, and risk-taking ability.A pricing strategy considers, among other things, segments, ability to pay, market conditions, competitor actions, trade margins, and input costs. The amount of money required to acquire a given product is referred to as its price.To learn more about price, refer to:
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draiman corporation has bonds on the market with 16.5 years to maturity, a ytm of 6.3 percent, a par value of $1,000, and a current price of $1,036. the bonds make semiannual payments. what must the coupon rate be on these bonds? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
6.52% is the coupon rate be on these bonds
Yield to maturity is the annual rate of return that an investor receives if a bond is held until the maturity.
As per Given Data
Face value = F = $1,000
Selling price = P = $1,036
Number of periods = n = 16.5 years x 2 = 33 periods
Yield to maturity = [C+(F-P)/n]/[(F+P)/2]
As we have the YTM, We need to calculate the Coupon rate Payment using YTM formula.
6.3% = [ C + ($1,000 - 1,036 ) / 33 ] / [ ( $1,000 + 1,036)/2]
6.3% [C- $1.09 ] / $1,018
C- $1.09=$1,018 x 6.3%
C- $1.09=$64.134
C = $64.134 +1.09 $65.224
Coupon Rate = 65.224 / $1,000 = 0.065224 = 6.5224%
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j.z. (single taxpayer) is retired and received $10,000 of social security benefits this year. how much of the $10,000 social security benefits is taxable if his only other income was $28,000 of pension income and $2,000 of interest income?
His taxable security benefits will therefore stand at $4000.
Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income. To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.
Any gross income that is used to determine how much tax you owe is referred to as taxable income. It is simply your adjusted gross income less any deductions, to put it simply. Included in this are any pay, tips, salaries, and bonuses received from employers. Additionally included are investments and unearned income.
The updated AGI for J.Z. plus half of his social security benefits come to = $28,000 + $5,000 = $33,000
His taxable Social Security benefits, therefore, equal the smaller of
(1) $5,000 (50% of his social security benefits) or
(2) $4,000 (being 50% of ($28,000 modified AGI + $5,000 (50% social security benefits) - $25,000).
Therefore, his taxable security benefits will be $4000.
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an organic organization has: group of answer choices a relatively high degree of job specialization centralized decision making narrow spans of control a long chain of command loose departmentalization
An organic organization is characterized by a low degree of job specialization, loos departmentalization, few levels of management, decentralized decision-making, and a short chain of command.
A distinction between different managerial positions in an organization is made by the term "Levels of Management." When a company and its workforce grow in size, so do the levels of management, and the opposite is also true. Any managerial position's authority, rank, and chain of command are all based on the level of management. We have a vertical hierarchy thanks to the organizational pyramid (dimension). Multiple layers of management or organization are created by distributing authority in accordance with the span of control.
The organizational hierarchy is divided into many levels that are centrally or closely regulated, increasing the breadth of control. When there are several levels of management, we can have a tall organizational pyramid.
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multinationals that provide fair wages to their local employees are following which type of moral language? group of answer choices avoiding harm ethical behavior rights and duties social contract
Fair wages paid to local employees by multinational corporations is one kind of moral language about (A) preventing harm.
What are the duties of multinationals to employees?As a natural outcome of economic integration, multinational corporations' transnational business activities have grown more prevalent in order to maximize the pursuit of self-interest. However, these activities have not yet been formatted according to mature and uniform international business standards and ethical guidelines, leading to the appearance of ethical dilemmas in these activities and the question of what social responsibility businesses should undertake.Multinational corporations maintain operations for manufacturing and marketing in several nations. The company may have many offices in each nation, each of which is connected to a number of branches and subsidiaries.So, fair wages paid to local employees by multinational corporations is one kind of moral language about preventing harm.
Therefore, fair wages paid to local employees by multinational corporations is one kind of moral language about (A) preventing harm.
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Complete question:
Multinationals that provide fair wages to their local employees are following which type of moral language?
a. Avoiding harm
b. Ethical behavior
c. Rights and duties
d. Social contract
beginning inventory at retail (base year)$ 120,000 ending inventory at retail$ 168,000 beginning cost-to-retail percentage40% current-year cost-to-retail percentage45% retail price index for the year1.12 what is the estimate of ending inventory using the dollar-value lifo retail method?
The estimated ending inventory is $63120
Beginning inventory at base year retail:
= Beginning inventory ÷ Year end cost index
= $ 120,000 ÷ 1.00
= 120,000
Current inventory at base year retail:
= Ending inventory ÷ Year-end cost index
= $ 168,000 ÷ 1.12
= 150,000
Estimate of ending inventory:
= Base inventory + Current inventory
= (inventory at base year × Cost percentage × Year end cost index) + (inventory at base year retail × Cost percentage × Year end cost index)
= ( 120,000 × 40% × 1.00) + (30,000 × 45% × 1.12)
= $48,000 + $15,120
= $63,120
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when gdp growth is at its maximum, given current resources, the business cycle is said to be in which phase? a.) trough b.) expansion c.) peak d.) contraction
The business cycle is said to be at its peak when GDP growth is at its highest level given the available resources.
What is a business cycle ?The "economic cycle" is regarded as the fluctuations that occur in the economy between the periods of expansion (growth) and decline (recession). Taking into account factors such as gross domestic product (GDP), interest rates, total employment, and consumer spending, one can ascertain the economic cycle's current phase.
The economic cycle, also referred to as the business cycle, has four phases that are listed below :
Expansion : The economy grows relatively quickly during an expansion, interest rates are often low, production rises, and inflationary pressures increase.
Peak: When growth accelerates to its fastest rate, a cycle has reached its peak. Economic imbalances should be addressed which are caused by peak growth.
Contraction: During a period of contraction, growth slows, employment declines, and prices remain unchanged.
Trough: The cycle has reached its trough when the economy hits a tough patch and growth begins to pick up.
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is a strategy that integrates people and technology in all business functions to enhance relationships with customers, partners, and distributors. question 3 options: supply-chain analysis continuous quality improvement value-chain analysis customer relationship management
Customer relationship management is a strategy that integrates people and technology in business functions to enhance relationships with customers, partners, and distributors.
Customer relationship management (CRM) is a system allowing enterprises to manage their interactions with current and potential clients. Expanding the business is its main objective. CRM systems assist businesses in maintaining contact with clients, simplifying procedures, and boosting profitability. It is a solution that supports agent productivity, contact management, and sales management, among other things.
Through marketing, selling, and electronic commerce, these solutions can be used to connect and interact over the course of a business. Throughout the lifecycle of a partnership, which includes attracting new clients, winning their business, and offering support and supplemental services, a CRM solution helps a business in focusing on connections with specific people, such as clients, customers, service users, coworkers, or suppliers.
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which legislation required anyone importing, manufacturing, selling, or dispensing cocaine to register with the treasury department and pay a special tax?
The legislation required anyone importing, manufacturing, selling, or dispensing cocaine to register with the treasury department and pay a special tax The Harrison Act.
What is The Harrison Act?The Harrison Act was a U.S. federal law that regulated and taxed the production, importation, and sale of narcotics and coca products. The Harrison Act was proposed by Rep. Francis Burton Harrison of New York and passed on December 17, 1914. Import, manufacture, mix, trade, prepare, sell, distribute or transfer, or otherwise use opium or coca leaves, salts, derivatives, or preparations thereof; It did not prescribe narcotics, but The Harrison Act was able to prescribe treatment for addiction. Coca Leaf Trade Restrictions Act.Although the distribution and use of cocaine were technically illegal, the distribution, sale, and use of cocaine remained legal for registered businesses and individuals.The Harrison Anti-Narcotic legislation was made up of three U.S. House laws that placed limitations on the availability and usage of opium-based substances.The Opium and Coca Leaves Trade Restrictions Act, also known as House Bills H.R. 1966 and H.R. 1967, was passed along with House Bill H.R. 6282.Cocaine distribution, sale, and use were nonetheless lawful for registered businesses and individuals even if it was officially forbidden for those purposes.To learn more about The Harrison Act from the given link :
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westco company issued 16-year bonds one year ago at a coupon rate of 7.2 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.5 percent, what is the current price of the bond in dollars?
The current price of the bond in dollars is 1838.180 for the 16-year bonds having a par value of $1,000.
Since we are given we number of years which is 16, coupon rate which is 72%, semipayments of $1,000, and ytm in the bonds to be 5.5
So, C, semiannual bond coupon = 7.2% / 2 * 1,000 = $36
r , interest rate = 5.5% / 2 = 0.0275
n , number of periods = (15-1) * 2 = 28
The price can be found using the formula,
P =C∗1−(1+r)^−n/r+Par/(1+r)^n
= 36∗(1−(1+0.0275)^−28/r)+1000/(1+0.0275)^28
= 1838.180
the current price is $ 1838.180
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if aggregate output is greater than potential output, then there is a(n) gap. please choose the correct answer from the following choices, and then select the submit answer button. answer choices inflationary long-run macroeconomic equilibrium negative output recessionary
A positive output gap exists when the total output exceeds the potential output.
When actual output exceeds output at full capacity, there is a positive output gap. This occurs when demand is extremely strong and factories and employees are working much harder than they should be to meet the demand.
Whether it is positive or negative, an output gap is a poor predictor of an economy's effectiveness. A high demand for goods and services in an economy is indicated by a positive output gap, which may be advantageous for the economy.
A negative production gap reveals economic slack because resources are not being fully used. The economy is not operating at its full capacity. A positive output gap indicates that all spare capacity has been used up, possibly even to the point of overcapacity.
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Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru?.
The type of market in which people can buys their favorite breakfast at a fast food drive thru is product market. The product market can be described as the marketplace where final services and goods are sold to the public sector and businesses.
Product market does not include trading in raw or other intermediate materials and they are focus on the sale of finished goods. Product market also can be an online market that sells their goods and service through marketplace. The example of product market is supermarkets, grocery stores, and also online market.
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demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts for what percentage of the overall equity held in the mutual fund industry?
Demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts 25% will be the percentage of the overall equity held in the mutual fund industry.
What is Arrogance Predisposition?
Pomposity predisposition is a propensity to hold a bogus and deluding evaluation of our abilities, insight, or ability. So, a selfish conviction we're superior to we really are. It tends to be a risky predisposition and is exceptionally productive in social money and capital business sectors. This guide will unload the presumptuousness predisposition in more detail. Learn more in CFI's Social Money Course.
What is ordered execution?
Execution file is an estimation of how well work is meeting its characterized objective. For work with reaction time objectives, the exhibition record is the genuine partitioned by objective. For work with speed objectives, the exhibition record is objective partitioned by genuine.
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at the verill company, the cost of the library and information center has always been charged to the various departments based upon number of employees. recently, opinions gathered from the department managers indicate that the number of engineers within a department might be a better predictor of library and information center costs. total library and information center costs are $200,000. department a b c number of employees 135 530 135 number of engineers 0 80 20 which cost estimation method is being used by verill company?
Verill company used the conference method of cost estimation.
It is a technique for cost estimation that combines analysis, information, and knowledge from professional sources to help with cost decision-making. The department manager opinions gathered here suggest that the cost of libraries and information centers may be better predicted by the number of engineers working inside a department. Therefore, we can state that this approach is a conference.
Businesses that adopt this strategy gain from the fact that it prohibits cost accountants from making judgments in isolation. When perspectives and contributions from various functional areas are incorporated into cost predictions, all employees are more likely to believe that the costs are being estimated accurately. This cost estimation method also has the advantage of being rapid to execute.
Hence the Verill company used the conference method of cost estimation.
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general motors did research on what became the minivan-a small van suitable for families. the research did not convince them to produce it. later, chrysler introduced the dodge caravan and plymouth voyager minivans, which turned out to be among the most successful models in automotive history. this example most closely demonstrates that: marketing research is not as reliable as management's intuition. management should question the methods used to conduct product market research. marketing research does not always provide management with the right answer. marketing research does not provide correct answers most of the time.
Above example most closely demonstrates that Marketing research does not always provide management with the right answer.
Which definition of marketing research is more accurate?
Market research, often known as marketing research, refers to a variety of strategies used to gather data and comprehend a company's target market. Businesses utilize this data to create better products, enhance the user experience, and create marketing plans that generate high-quality leads and increase conversion rates.
Designing, acquiring, evaluating, and reporting information that could be utilized to address a particular marketing issue is the process of conducting marketing research.
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david is paid on a graduated commission scale at nooter company. he receives 2% commission on the first $20,000, 6% on sales over $20,000 to $70,000, 8.5% commission on sales over $70,000 to $100,000, and 10% commission on sales over $100,000. david had sales of $82,000. his commission is:
The total commission earned by David is equal to $4420.
Commission may be defined as the amount which is received by an individual as the reward of him selling a particular product. It is received in addition to the fixed salary or amount he will be receiving by the company. According to question the commissions earned by David is equal to 2%, 6%, 8.5% and 10% on $20000, $70000 and $100000 and more respectively. Commission is calculated by multiplying the percent with the base amount. Since, his total sales is of $82000. So, he will receive commissions of 2%, 6% and 8.5%. Now, the net amounts are given as 2% of $20000, 6% of $50000 and 8.5% of $12000.
Net amount = $400 + $3000 + $1020
Net amount = $4420 which is the total commission.
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Once funds are available for a program, what is one of the responsibilities of the manager?
find more funds from the community
ensure no additional funds are needed
find more funds from private sources
ensure all funds are spent
Once some funds are available for a program, one of the responsibilities of the manager is to ensure all funds are spent.
Who is a manager of funds?A typical manager of funds is also known as money manager. This is a person that manages the securities portfolio of an individual or institutional investor. They always employs people with various expertise ranging from research and selection of investment options to monitoring the assets and deciding when to sell them.
Most time, they also perform the function of financial advisor because they work to create a financial plan and then manage your portfolio of assets to help you hit your goals
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Every workplace is different.
Please select the best answer from the choices provided
T
F
In the ________ activity of scm, supply chain managers develop processes for managing their goods and services inventory, including receiving and verifying shipments, transferring the shipped materials to manufacturing facilities, and authorizing supplier payments.
Supply chain managers develop processes for managing their goods and services inventory in the source activity of SCM, which includes receiving and verifying shipments, transferring shipped materials to manufacturing facilities, and authorizing supplier payments.
What is supply chain?A supply chain is a network of facilities that acquire raw materials, process them into intermediate goods, and then deliver finished goods to customers via a distribution system. A supply chain is a networked system of organizations, activities, information, and resources that source, produce, and transport goods from their point of origin to their final destination typically from a supplier to an end customer. Modern supply chains are frequently extremely complicated, spanning multiple countries and involving numerous steps. The practice of coordinating the various activities required to produce and deliver goods and services to a company's customers is known as supply chain management. Designing, farming, manufacturing, packaging, and transportation are all examples of supply chain activities.To learn more about supply chain, refer to:
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casey deesel is a sports agent negotiating a contract for titus johnston, an athlete in the national football league (nfl). an important aspect of any nfl contract is the amount of guaranteed money over the life of the contract. casey has gathered data on 506 nfl athletes who have recently signed new contracts. each observation (nfl athlete) includes values for percentage of his team's plays that the athlete is on the field (snappercent), the number of awards an athlete has received recognizing on-field performance (awards), the number of games the athlete has missed due to injury (gamesmissed), and millions of dollars of guaranteed money in the athlete's most recent contract (money, dependent variable). casey has trained a full regression tree on 304 observations and then used the validation set to prune the tree to obtain a best-pruned tree. the best-pruned tree (as applied to the 202 observations in the validation set) is:
Based on the available data for a player of Titus Johnston's profile, his guaranteed amount would be $32.74 million.
Calculations and ParametersGiven that Casey Deeselis a sports agent negotiating a contract for Titus Johnston, an athlete in the National Football League
He has generated data on 506 NFL athletes who have recently signed new contracts and who get paid a percentage of his team's plays that the athlete is on the field.
With this, each award they get, each minute they spend on the field, each game missed, and then guaranteed money are all accounted for which is displayed in the attached image below.
If we observe the best-pruned tree given below, based on the arrows and circles,
For Snap percent = 96
Awards = 7
Games missed = 3
The conclusion is that with the profile of Titus Johnston, he would receive a guaranteed amount of $32.74 million.
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nesmith corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 15 years to maturity, and a 13% ytm. what is the bond's price? round your answer to the nearest cent.
$1,197.01 is the bond's price.
What is outstanding bonds?"Outstanding Bonds" refers to any previously issued bonds that are still regarded as outstanding under the Indenture as of the first interest and/or principal payment date following the current Fiscal Year.
Enter the ticker symbol for the company or, if the common stock is not traded in the US, the country code, select CORP, and then click GO to find information on all of the company's outstanding corporate bonds. A list of all the company's outstanding bonds will be included in this.
Thus, $1,197.01 is the bond's price.
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suppose that the airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating airplanes. in the long run, the number of airlines in business should:
The airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating airplanes. in the long run, the number of airlines in business should decrease.
What is industry?
A group of businesses that are connected by their main lines of business are referred to as an industry. Numerous industry classifications exist in contemporary economies. Sectors are generally used to group together industry classifications into larger categories. According to their primary sources of income, individual companies are typically categorised into an industry. For instance, even though an automaker might have a financing division which contributes 10% to the company's overall revenues, this same company would be categorised in the automaker industry by the majority of classification systems. Based on the main product produced or sold, similar businesses are categorised into industries. In this way, industry groups are effectively formed, and these groups can later be used to separate businesses from those who engage in other types of activities.
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