Answer:
The new Conceptual Framework emphasises that investors need information about both: • financial performance—income and expenses; and • financial position—assets, liabilities and equity. It also gives guidance on reporting financial performance.
Answer:
Providing information needed to assess management's stewardship is identified as an additional objective of financial reporting,
Explanation:
How does the Conceptual Framework explain the role of stewardship? A. Providing information needed to assess management's stewardship is identified as an additional objective of financial reporting, equal in prominence to providing financial information useful to users in making decisions relating to providing resources to the entity
i hope this helped you! good luck on your quiz or lesson!
If a nation’s currency appreciates relative to that of its trading partners, what will happen to the nation’s exports, imports and aggregate demand?.
If a nation’s currency appreciates relative to that of its trading partners, the nation' exports would decrease, import would increase and aggregate demand would decline.
What is currency appreciation?
A nation's currency appreciates if the value of the currency increases. If the value increases, it becomes more expensive for trading partners to buy the goods of the country who currency appreciated.
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PLEASE HELP WITH THIS ECONOMICS ASSIGNMENT
This lesson examines many concepts, including opportunity costs. For this discussion, you will write a brief scenario that describes opportunity costs.
For example:
After working weekends for the past three years, Janet has saved $7,000. Her goal is to buy a new 90-inch HD television. Before she buys the TV, she is offered an opportunity to travel with her best friend to Australia and New Zealand. The trip will cost about $7,000.
Janet’s opportunity costs are either missing out on purchasing a new television (if she chooses to travel) or forgoing her plan to purchase a television (if she travels abroad).
Now, write your own scenario that illustrates opportunity costs.
A scenario that illustrates the concept of opportunity costs is when Gilbert works at an annual salary of $60,000 or he starts a business.
What is an illustration of opportunity costs?The store owned by Gilbert could have been rented out at an annual lease of $15,000. If Gilbert's store generates annual revenue of $200,000 with a cost of goods worth $100,000 and selling and administrative expenses that cost him $25,000 annually.
If Gilbert chooses to open the store, his economic gain from running the business will be $20,000 ($200,000 - $80,000 - $25,000 - $15,000 - $60,000).
Whereas, if he chooses employment as an accountant, his economic profit will be $75,000 ($60,000 + $15,000).
Thus, based on the concept of opportunity costs, which gives rise to economic profit, Gilbert will be advised to take up employment instead of starting his own business.
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What did one expert advise employers about online video resumés? O A They are a must-have recruiting tool today. OB Make sure they are professionally recorded. O C. Specify time and cost limits. OD Never require them. O E Be prepared for poor production quality.
Answer:
D) Never require them
Explanation:
An expert advice that the employers gave about the online video resumes was they never require them.
Option D is correct.
Who is an employer?An employer is an individual who hires the employee in his/her company or organization. He/she hired the candidate as per his/her skills and competencies in reference to the job profile required.
The resume is the document that specifies the details relating to the candidate. The details can be personal information, educational qualifications, work experiences, etc.The resume can be in a printed form or an electronic form, that is, in the form of a file or folder in an electronic device. The employer should always prefer a printed resume while taking an interview. The resume helped the employer to know about the interviewed candidate in complete manner. It will helping him to keep or reject the candidate on the job.Therefore, the explanation written in options A to C are incorrect and only option D is correct.
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Bob goes to the store to buy food.
Answer:
We always go to the store to buy food.
Explanation:
Yet somehow come out with a hole new wardrobe, new furniture, and a pet snake. This is because of the store's market. They make prices look phenomenal even if they really aren't great. They make the items look like things that you absolutely cannot live with out. Making you basically buy the whole store!
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roles of private sectors in tourism in Africa
The roles of private sectors in tourism in Africa include the following:
Investing in the tourism sector with time and money.Reducing trips to destinations outside of Africa.Identifying holiday centers and attractive sitesDeveloping beaches.Promoting tourist products through Social Media.Encouraging adventure tours.What is tourism?Tourism is the process of spending time away from your home for the following purposes:
RecreationRelaxationPleasure Using commercial services.In Africa, tourism centers have been identified in Uganda, Algeria, Egypt, South Africa, Kenya, Morocco, Tunisia, Ghana, and Tanzania.
The types of tourism include:
Adventure tourismBeach tourismCultural (food) tourismEcotourism (experiential tourism)Medical tourismWildlife tourism.Thus, the private sectors in Africa have different roles in tourism development.
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The journal entry to record the issuance of a note to a creditor to satisfy an account payable created earlier would include a __________ to __________.
a. credit; Accounts Payable
b. credit; Notes Payable
c. debit; Notes Payable
d. debit; Inventory
Out of the choices provided above, it can be concluded to state that the journal entry to record the issuance of a note to a creditor to satisfy an account payable created earlier would include a credit to Notes Payable. Therefore, the option B holds true.
What is the significance of a journal entry?A journal entry can be referred to or considered as the entry wherein the record-keeping of the financial transactions in the chronological order of their occurrence is made. These entries of financial transactions have a debit and a credit effect.
As per the golden rule of accounting, issuance of a note to the creditor affects the journal book entry with a debit effect in the name of the creditor and a credit effect to the accounts or notes payable. Each of the debit and credit effects will be equal in their amounts.
Therefore, the option B holds true and states regarding the significance of journal entry.
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Place the steps in order to perform a quick sort.
According to the path-goal theory of House and others, what do leaders assume?
Different leaders are needed in different circumstances
Subordinates are motivated by believing that more effort improves job performance.
Leaders should smooth the path towards a fixed goal.
Base on the path-goal theory of House, Subordinates are motivated by believing that more effort improves job performance .
What is path-goal theory?The path-goal theory states stressed that a leader's behavior is contingent on the satisfaction and motivation of their employees.
This is the reason why, Subordinates of the organization are motivated by believing that more effort improves job performance .
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Identify the kind of sample that is described.
A restaurant manager asked every person in line at the restaurant about the new commercial jingle.
Answer:
9x-4=-18
Explanation:
do you know what this is because I have a state testa coming up and I been lacking in math class
Using the following data from both Garçon company and Popper company for the year ended December 31th to compute (1) the cost of goods manufactory and (2) the cost of goods sold for each company. Hint: Not all information is needed for the solution
Garcon Co. Pepper Co.
Finished Goods inventory, beginning $12,000 $16, 450
Work-in-process inventory, beginning 14,500 19,950
Raw material inventory, beginning 7,250 9,000
Rental cost on Factory equipment 27,000 22,750
Direct labor 19,000 35,000
Finished goods inventory, ending 17,650 13,300
Work in process inventory, ending 22,000 16,000
Raw material inventory, ending 5,300 7.200
Factory utilities 9,000 12,000
General and administrative expenses 21,000 43,000
Indirect Labor 9,450 10,860
Repairs -Factory equipment 4,780 1, 500
Raw Materials Purchases 33,000 52,000
Selling expenses 50.00 46,000
Sales 195,030 290,010
Cash 20,000 15,700
Accounts receivable, net 13,200 19,450
Based on the various balances of Garcon Co. and Pepper Co. the following are true:
Cost of goods manufactured:
Garcon Company = $96,680.Pepper Company = $139,860.Cost of goods sold:
Garcon Company = $91,030.Pepper Company = $143,010.What was the cost of goods manufactured for Garcon Company?This can be found as:
= Beginning raw material Inventory + Raw material Purchases - Ending Raw material Inventory + Direct labor + Rental cost of Factory Equipment + Factory Utilities + Indirect Labor + Repairs-Factory Equipments + Beginning Work in Progress - Ending Work in progress
= 7,250 + 33,000 - 5,300 + 19,000 + 27,000 + 9,000 + 9,450 + 4,780 + 14,500 - 22,000
= $96,680
What was the cost of goods manufactured for Popper Company?Using the same formula as above:
= 9,000 + 52,000 - 7,200 + 35,000 + 22,750 + 12,000 + 10,860 + 1,500 + 19,950 - 16,000
= $139,860
What is the cost of goods sold for Garcon Company?= Beginning finished goods + Cost of goofs manufactured - Ending finished goods
= 12,000 + 96,680 - 17,650
= $91,030
What is the cost of goods sold for Pepper Company?Using the same formula as above:
= 16,450 + 139,860 - 13,300
= $143,010
Please note that Factory supplies used is missing in question and so was not added to cost of goods manufactured.
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Please review the screenshots
1 - 3) The computation of the cost of goods sold, ending inventory, sales revenue, and gross profits under each inventory costing method for Rosenberg Incorporated is as follows:
FIFO LIFO Weighted Average
Cost of goods sold $2,111 $2,004 $2,053
($2,699 - $588) ($2,699 - $695) (89 x $23.0684)
Ending inventory $588 $695 $646
($21 x 28) ($575 + $24 x 5) (28 x $23.0684)
Sales Revenue $2,937 ($33 x 89) $2,937 $2,937
Gross profits $826 $933 $884
4) The determination of the method that results in higher profitability when inventory costs are declining is as follows:
When inventory costs are declining, the LIFO method results in higher profitability with a gross profit of $933, which is higher than the weighted average method's $884 and the FIFO method's $826.
The higher profitability results from the lower cost of goods sold with declining inventory costs used to assign costs to the cost of goods sold.
Data and Calculations:Date Transactions Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 23 $25 $575
Mar. 4 Purchase 28 $24 672
Jun. 9 Purchase 33 $23 759
Nov. 11 Purchase 33 $21 693
Total 117 $2,699
Sales -89
Ending inventory 28 (117 - 89)
Average cost per unit = $23.0684 ($2,699/117)
Cost of goods available for sale = $2,699
Cost of goods sold = Cost of goods available for sale - Ending Inventory
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Which of these would Congress look to do during a recession, as it pertains to fiscal policy?
a. Raise taxes
b. Raise government spending
c. Decrease the discount rate
d. Print more money
Answer:
I believe the answer would be A
the amswer is a raise money
Marketing has led to increased feelings of depression, anxiety, poor body image, loneliness, and the internal feeling of needing money and materialistic things to be accepted in society.
Why do you believe marketing causes these unhealthy feelings and emotions?
Answer:
Gender, age, and socioeconomic status such as occupation, education degree, and health care condition, have significant effects on anxiety and depression status. Female gender, advanced age, high-stress occupations, lower educational degree, and poor health care conditions all are risk factors.
why do the regular meetings between a portfolio manager and his or her team of analysts take place in what is sometimes called "the war room"?
Important meetings between a portfolio manager and his or her team of analysts take place in what is sometimes called "the war room" because that is where business strategies are discussed and formulated.
What is Business Strategy?This refers to the set plans and actions that a business takes in order to get ahead of its competition and maximize profit.
With this in mind, the strategy room is called a war room because business is effectively war, especially in a capitalist system and the portfolio manager meets with his team of analysts in order to discuss business strategies.
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A company has budgeted total overhead of $10,575 at actual units produced and actual total overhead of $9,775. The controllable variance is:
Assuming a company has budgeted total overhead of $10,575 at actual units produced. The controllable variance is:$800 F.
Controllable varianceUsing this formula
Controllable variance= Actual units produced - Budgeted total overhead
Where:
Actual units produced=$9,775
Budgeted total overhead=$10,575
Let plug in the formula
Controllable variance=$9,775-$10,575
Controllable variance=$800F
Inconclusion the controllable variance is:$800 F.
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How you will differentiate the company from
competitors
Market Analysis
Your mission statement
Competitive Analysis
Suppliers your company relies on to produce its
products
Organization
The amount of funding needed to start the
company
Executive Summary
A description of your competitors
Products and Services
Your advertising plan
Financial Analysis
The financial history of the company
Marketing and Sales
A description of the needs and desires of your
potential customers
Funding Request
A description of the departments in the
company
Goals and Strategy
Answer:
Talkwalker Competitor Analysis
Want to find out what the competition is up to? What's working for them and what strategic mistakes they're making? With Talkwalker's competitor analysis, you can easily compare performance across all your important channels.
Compare performance of multiple brands, hashtags and keywords
Benchmark with KPIs that matter: Engagement, volume, sentiment, business impact metrics
Identify opportunities and find competitors' weaknesses
The best global coverage: Social networks, news, blogs and forums
Explanation:
To determine a product selling price based on the total cost method, management should include: Multiple Choice Total product and selling, general, and administrative costs plus a markup. Total selling, general, and administrative costs plus a markup. Total product costs plus a markup. Only a markup. Total product and selling, general, and administrative costs only.
If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.
What is total cost method?When using the total cost method, the company takes into account the full cost of producing the good in question. This includes total product cost only.
A markup is then added to the total cost to find a suitable selling price that allows for a projected level of profit.
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You are headed off to college. Some close family members decide it would be a good idea to buy a house in the college town and then rent it out to students, with you also living there and actively managing it. Assuming you and your family buy it, what form of business would you select? and why?
The ideal type of business would be the sole proprietorship, as it is a structure that is easy to start and manage.
What is the sole proprietorship?It is a simpler business structure, which is managed by an individual, who has the responsibilities for the business, that is, in this configuration there is no legal distinction between the company and the owner.
Therefore, the sole proprietorship is less bureaucratic, being able to close the business at any time, or change type as the business grows and requires greater responsibility.
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PLEASE ANSWER I REALLY WANT TO GRADUATE
1. What are the differences between a sales tax and a use tax?
A. A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices.
B. A sales tax is collected when a good or service is purchased by a consumer while a use tax is collected when a good or service is purchased by a businesses.
C. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid.
D. A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale.
2. Compare how Medicare taxes are paid by individuals who are employees to those who are self-employed.
A. Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay for both halves of the tax (2.9%).
B. Employees do not pay the Medicare tax and the employer pays for both halves of the tax (2.9%). Self-employed individuals pay for both halves of the tax (2.9%).
C. Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay half (1.45%) of the Medicare tax.
D. Employees pay for both halves of the tax (2.9%) and the employer does not pay the Medicare tax. Self-employed individuals do not pay Medicare tax.
3. Which type of tax describes excise taxes, sales taxes, and tolls?
A. Progressive tax
B. Flat tax
C.regressive tax
D. Use tax
4. Identify all the groups that pay property tax.
A. Landowners, homeowners, and businesses
B. Businesses and individuals
C. Employers and employees
D. Landowners and homeowners
5. How are businesses taxed with the corporate income tax?
A. Businesses pay a progressive tax based on their total expenses.
B. Businesses pay a proportional tax based on their total receipts.
C. Businesses pay a proportional or progressive tax based on their profits.
D. All businesses pay the same amount of tax each year.
The differences between a sales tax and a use tax are:
A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid.What is used tax about?A lot of states uses Consumer Tax states. While Use Tax is known to be the tax that is placed or tax on the storage, use.
Note that used tax are placed on goods that no sales tax has been paid. Use tax is said to be a complementary or compensating tax used in place of sales tax.
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Answer:
LOOK AT EXPLAINATION FIRST !!
There are different types of taxes that really are levied for each institution in a kind of major way. Income corresponds to taxes paid by individuals on their mostly earned money. Property, on the kind of other hand, corresponds to taxes paid by property owners to state and local governments, contrary to popular belief. Corporate taxes definitely are the taxes that companies are required to pay on their earnings over the course of a year, which essentially is fairly significant.
Explanation:
1. C
2. A
3. C
4. A
5. C
George is going shopping for a new car to replace his old one. Which of these costs would be
relevant in deciding between cars:
O the annual cost of George's driver's license renewal
the fixed title fee for a new auto
o the value of his existing auto
O the cost to operate the new vehicles (e.g., miles per gallon for each car)
The cost that would relevant in the choice of a new car is the the cost to operate the new vehicles.
What cost would be relevant?The cost that would be relevant in the choice of a new car is the cost that is dependent on the type of car chosen. The cost to operate the new car would depend on the type of car chosen. If George buys a more fuel efficient car, the cost of running the car would be cheaper.
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1. How should Dow Corning make good use of its two brands to grasp the China to maintain its long-term growth
The way Dow Corning has to use its brands to maintain long term growth would be to:
use its brands to provide value added service to its customers that are in China.To engage in more innovation and product design that would keep customer interest.Making sure that the brand is loyal to customers.Continuous engagement in research.What is the Dow Corning business?
This is a silicone technology based company that is interested in having a presence in China.
The market in China is a large market and the company through its product is able to supply raw materials to other diversifying businesses.
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Which of the following statements about the government is correct?
Government employs people and spends money to provide many services.
Government supplies many services that businesses cannot, or will not provide because they cannot make a profit.
Government helps consumers and businesses by directing the way the economy grows.
All of these choices are correct.
Answer:
All of these choices are correct.
Explanation:
Government manages the dispensation and control of power (politics).Marketplace manages the dispensation and control of wealth (economics).Community manage the dispensation and control of status (membership).Unearned Revenues are a/an
a. Asset
b. Liability
c. Revenue
d. Expense
In a market system, public goods would: have no costs. lack demand. be underproduced. be overproduced.
In a market system, public goods would be underproduced.
What is public goods?public goods, can be regarded as the commodity that is available for all the members of the society.
This usually contain Government spending and taxes .
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An employee earned $1,000 in the first pay period of the current year. How much is the total employer and employee social security taxes on these earnings? (Use the simplified rate shown in illustrations.)
a. $120
b. $60
c. $0; the earnings are not subject to social security tax
d. $76
What is the fifth step in the risk management process?.
Answer:
Risk Management Process. ...
Here Are The Five Essential Steps of A Risk Management Process. ...
Step 1: Identify the Risk. ...
Step 2: Analyze the Risk. ...
Step 3: Evaluate the Risk or Risk Assessment. ...
Explanation:
cuz it is
Vaccinations are an example of which role of government?
A) a supervisory body
B) a source of public good
C) reallocation of income
D) entrepreneurship
Answer:
B
Explanation:
You have to pay for a vaccination, and people want and sometimes need the vaccine. The taxes the hospital pays are from the public indirectly. Therefore, vaccinations are sources of the public good.
Answer:
b
Explanation:
bc it was right
ruiz company provides the following budgeted sales for the next four months. the company wants to end each month with ending finished goods inventory equal to 30% of next months budgeted unit sales. finished goods inventory on april 1 is 210 units. prepare a production budget for the months of april, may, and june budgeted sales units april, may, and june
The budgeted sales units for April, May, and June will be 546, 600, and 578 respectively.
How to calculate the units to be produced?The unit to be produced in April will be:
= (610 × 22%) + 530 - 106
= 122 + 530 - 106
= 546
The unit to be produced in May will be:
= (560 × 20%) + 610 - 122
= 112 + 610 - 123
= 600
The unit to be produced in June will be:
= (650 × 20%) + 560 - 113
= 130 + 560 + 113
= 578
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ow suppose the U.S. government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to achieve the desired level of pollution. Instead, it auctions off tradable pollution permits. Each permit entitles its owner to emit one ton of chemicals per day. To achieve the socially optimal quantity of pollution, the government auctions off 150 million pollution permits. Given this quantity of permits, the price for each permit in the market for pollution rights will be
Given the quantity of 150 million permits, the price for each permit in the U.S market for pollution rights will be $45.
This price of $45 achieves the socially optimal quantity of pollution because it could have been imposed as a tax.
What are pollution rights?Pollution rights give businesses the right to buy and sell government-issued licenses or permits for a regulated level of pollution emission.
Pollution rights or permits grant the holders the right to create and release a certain amount of pollution that achieves the socially optimal quantity.
Thus, the price for each pollution permit in the US market that the government should charge for pollution rights will be $45, as it is equal to the tax revenue that could be obtained but remains more relevant for business entities because of their resale potential.
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If a firm's expected sales are $264,000 and its break-even sales are $197,000, the margin of safety in dollars is:
Assuming the firm's expected sales are $264,000 in which the firm break-even sales are $197,000, the margin of safety in dollars is:$67,000.
Margin of safety in dollarsUsing this formula
Margin of safety in dollars=Expected sales-Break-even sales
Where:
Expected sales=$264,000
Break-even sales=$197,000
Let plug in the formula
Margin of safety in dollars=$264,000-$197,000
Margin of safety in dollars=$67,000
Inconclusion the margin of safety in dollars is: $67,000.
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