In order to make the right decisions that will ensure that his hotel is up to standard, Trevon should hire a Management Consultant.
The purpose of a management consultant is to:
Help a business make better decisions Improve efficiency Help with problem solvingTrevon needs an expert that is capable of making the best decisions to ensure that his hotel gets the necessary upgrades that it needs to appeal to the major corporation.
Management consultants will be able to do this as they are trained in helping companies become better. We can therefore conclude that Trevon needs a management consultant.
Find out more at https://brainly.com/question/14625078.
Project Data
Mowgli Corporation adjusted trial balance for fiscal year ending December 31, 2019.
Dr.
Cr.
Cash
$21,000
Accounts Receivable
$102,000
Inventory (beginning)
$20,000
Estimated Returns Inventory
$5,000
Land
$9,000
Office equipment
$22,000
Accumulated Depreciation-equip.
$20,000
Building
$233,000
Accumulated Depreciation-Bldg.
$94,000
Patent
$16,000
Accounts Payable
$73,000
Customer Refunds Payable
$2,000
Interest Payable
$14,000
Unearned Revenue
$22,000
Notes Payable
$100,000
Capital
$80,000
Drawings
$29,000
Sales
$206,600
Purchases
$106,000
Purchases Returns and Allowances
$1,000
Purchase Discounts
$500
Freight-in
$300
Insurance Expense
$6,000
Interest Expense
$8,000
Repair Expense
$5,000
Salaries Expense
$17,600
Advertising Expense
$1,200
Depreciation Expense
$11,000
Utilities Expense
$1,000
$613,100
$613,100
Other Information:
Inventory on hand at December 31, 2019 is $55,000 (Hint: this is ending inventory).
Estimated Returns Inventory increased $2,000 (Hint: Include in COGS and Closing Entry).
Administrative expenses include: Insurance, Repair, Utilities, and Depreciation.
Selling expenses include: Advertising and Salaries.
$50,000 of the Notes Payable is payable next year (Hint: classified as current).
Answer:
21,000
Explanation:
the group of consumers most likely to purchase a particular product are called a
Answer:
A target market.
Explanation:
The group of consumers most likely to purchase a particular product is called the target market.
What is a target market?A target market is a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle.
Identifying the target market is a key part of the decision-making process when a company designs, packages, and advertises its product. A new product must satisfy a need or solve a problem, or both. That need or problem is probably not universal unless it reaches the level of indoor plumbing. More likely, it is needed by a subset of consumers, such as environmentally-conscious vegetarians, or science nerds, or outdoor enthusiasts. It may appeal to a teenager or a middle-aged professional, a bargain-hunter or a snob.
The target market also can inform a product's specifications, packaging, and distribution.
Learn more about market, here:
https://brainly.com/question/13414268
#SPJ2
the british economicst ______________ demonstrated in 1817 that even though one nation held an absolute advantage over another in the production of each of two different goods, international trade could still be a positive-sum game in which both countries benefit.
Answer:
David Ricardo
Explanation:
which constraint does not allow someone to create an order for a nonexistent customer?
Answer:relational integrity constraint
Explanation:
southerners complained that their economy was crippled by the __________.
Answer:
tariff of 1828
Explanation:
in what year did starbucks serve its first caffè latte?
Answer:
1984
Explanation:
EEEEEEEEEEEEEE
EE
money that has been spent and cannot be recovered is known as costs.
A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.
What is Sunk Cost?Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.
They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.
Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.
One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.
Learn more about Sunk cost here:
https://brainly.com/question/29488541
#SPJ5
Money that has been spent and cannot be recovered is known as sunk costs.
What is sunk costs?Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.
Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.
A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.
Learn more about sunk costs, here:
https://brainly.com/question/29488541
#SPJ5
Tari is a human resource manager at a software company. She receives a call from an HR manager at another software company asking about Misha, a software engineer who used to work at the company and has applied for a job at the caller's company. Tari checks the company's records and sees that a co-worker had accused Misha of racial discrimination, but an investigation did not turn up any evidence to support the charge. Misha left the company two months later, saying she was no longer comfortable there. Tari is concerned about sharing the details of this situation with the caller. If telling the information to the caller leads to the other company not hiring Misha, what potentially unlawful behavior could Misha accuse the company of engaging in
The potentially unlawful behavior that Misha could accuse the company of engaging is Defamation or Misrepresentation
Defamation occur when a person give out wrong information or misleading information about another person that may damage the reputation of the person.
Based on the give scenario there was no any form of evidence to support the charge that Misha was a racial discriminatory.
Which means that if Tari shared what transpired with the caller it my damaged Misha reputation which will inturn may affect her career.
Assuming Tari later explained what transpired to the caller which leads to the other company not hiring Mirah it means Tari has engaged in unlawful behavior of tarnishing Misha reputation hence, Misha could accuse the company of engaging in defamation of character.
Inconclusion The potentially unlawful behavior that Misha could accuse the company of engaging is Defamation or Misrepresentation.
Learn more here:
https://brainly.com/question/15863456
Given information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is the rupee. Assume that the values are all current and no conversions need to be made. The government spends 3.40 trillion rupees. Individuals consume 9.60 trillion rupees. Individuals save 5.01 trillion rupees. Businesses invest 1.40 trillion rupees. Foreigners invest 0.70 trillion rupees. Pakistan imports 2.33 trillion rupees. Pakistan exports 1.23 trillion rupees. Pakistan's GDP is _________ trillion rupees.
The Gross domestic product of Pakistan is 13.30 trillion rupees
The gross domestic product (GDP) of country is the total value of all the goods and services a country produces in a year.
GDP can be calculated using the expenditure approach. The expenditure approach entails adding the total amount spent by consumers, government and businesses in the production process.
GDP using the expenditure approach = amount spent by consumers + business investment + Government spending + (export - import)
9.60 + 3.40 + 1.40 + (1.23 - 2.33) =
9.60 + 3.40 + 1.40 -1.10 = 13.30 trillion rupees
A similar question was answered here: https://brainly.com/question/15177447?referrer=searchResults
Many businesses use find-a-hand, a professional staffing agency because of the employees’ expertise in recruiting and selecting workers that match the needs of their business clients. in a swot analysis, the employees’ high levels of knowledge are an example of the find-a-hand’s:
It is an example of Strength in SWOT Analysis.
SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization includes the Strength, Weakness, Opportunities and Threat.
Professional staffing agency isused by organization to recruit qualified workers into the organization.But, employees’ with high levels of knowledge can also perform the purpose for business client, so, this situation forms part of the Strength factor for such organization.In conclusion, an example of the find-a-hand’s forms the Strength in the SWOT analysis of the company.
Learn more about SWOT Analysis here
brainly.com/question/18068310
It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets?
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets, is known as:
"Reverse Innovation."
This is because reverse innovation is a type of innovation in which the product is originally innovated for poor neighborhoods such as developing regions, then repackaged in a way that is then sold to the rich neighborhoods such as developed regions.
Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.
They claimed that reverse innovation is a kind of bottom-up innovation strategy whereby the products designed for poor areas are then redefined and sold to the rich areas.
Hence, in this case, it is concluded that the correct answer is "Reverse Innovations."
Learn more here: https://brainly.com/question/17931211
HELP ME
1. How has the job market changed?
2. Will computers/technology affect jobs? How? Or why not?
3. What does the future hold for your generation?
the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable will have Accounts Payable as well as Notes Payable.
What is a journal entry?A journal entry is an act of recording any action, whether one that is economic or not. Multiple observations, which are each otherwise a debit or a positive, may be included in the diary entry.
The information necessary to record a single business arrangement is contained in a journal entry, which also includes the date, the sum to be credited , debited, a short explanation of the operation, and the accounts involved.
The entry must result in increased with in Note Payable liability as well as a reduction inside the Accounts Payable liability. Debit Account Receivables; credit Notes Payable is really the journal entry that a business use to document the issuing of a comment for the objective of transforming any existing account payable.
Learn more about journal entries, here:
https://brainly.com/question/20421012
#SPJ5
What is one way to set up an opportunity for job shadowing?Contact people you know and request a shadowing experience.Show up on the day you would like to shadow and request to shadow an employee.Post online that you are looking to shadow someone and wait for a reply.Go to work with a family member without contacting the organization first.
Answer:
A
Explanation:
Contact people you know and request a shadowing experience is one way to set up an opportunity for job shadowing.
You can ask your friends, family or contacts in the business to let you shadow them in order to arrange a job shadowing opportunity. Inform them of your desire to observe their work and inquire about scheduling a day or a few hours with them. Personal connections benefit this strategy, raising the likelihood of a favorable response.
It demonstrates your seriousness and respect for their time by being proactive and formal in your request. Avoid simply walking into an office without calling or relying solely on online posts as these strategies might not be effective and might be viewed as unprofessional. The secret to setting up a fruitful job shadowing opportunity is networking and making personal connections.
learn more about job shadowing here
brainly.com/question/31531347
#SPJ3
what is the cost allocation method called that is used for natural resources?
Answer:
The process of allocating the cost of plant and equipment over the periods they are used to produce revenues is known as depreciation. For natural resources, this process is called depletion, and for intangible assets it is called amortization.
what country consumes the most chocolate per capita?
Answer:
Switzerland
Explanation:
amounting to an impressive 8.8 kilograms.
Answer:
Switzerland
Explanation:
What two cultural factors influenced the variety of Chinese lays potato chip flavors
The two cultural factors that influenced the variety of Chinese lays potato chip flavors are Regional tastes and preferences and Chinese cuisine and ingredients.
What are tastes and preferences ?Tastes and preferences refer to an individual or group's personal likes and dislikes when it comes to food, drink, or other things.
In the context of food, tastes and preferences are influenced by factors such as culture, upbringing, personal experiences, and health considerations.
The Regional tastes and preferences and Chinese cuisine and ingredients are the cultural factors that influenced the variety of Chinese lays potato chip flavors.
Learn more about tastes and preferences here:
https://brainly.com/question/30225548
#SPJ1
Which statement describes the effect of inflation?
A. Inflation does not affect the value of an object.
B. Inflation does not affect the cost of an object.
C. Inflation increases the cost of an object or decreases the value of
an object.
D. Inflation decreases the cost of an object or increases the value of
an object
Is it C?
Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services
The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.
What is the effect of the inflation?Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.
Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.
Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.
Learn more about inflation here:-
https://brainly.com/question/28136474
#SPJ5
Buying something in order to increase social status is known as ______consumption.
Answer:
conspicuous consumption
the u.s market is large but many other countries have what advantage over the us
Explanation:
faster growth?? uhm is this a answer chose.
Which is NOT a main goal of advertising?
To evaluate: gives a company a measure of how many customers it reaches.
To persuade: shows why the brand is the best.
To inform: introduces a brand new company, product, or service.
To remind: reinforces the brand message.
Answer:
to remind
Explanation:
because you need to persuade people and inform people and before you do that you have to evaluate
what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?
Which of the following statements best defines
UTILITY?
A. What you can obtain for an item at a later time
B. How well something satisfies a person's wants or
needs
C. What we lose by giving up the other provided choice
D. How helpful an item is given the context of a current
situation
Answer: c
Explanation: i just took the test
UTILITY is What we lose by giving up the other provided choice Option(c) is correct. In any case, it isolates the hypothesis of financial utility from real perception and experience, since "utils" can't really be noticed.
What is a Utility?Utility is a term in financial matters that alludes to the all out fulfillment or advantage from consuming a decent or administration.
Monetary hypotheses in light of judicious decision for the most part expect that shoppers will endeavor to augment their utility. The monetary utility of a decent or administration is vital to comprehend, on the grounds that it straightforwardly impacts the interest, and consequently cost, of that great or administration.
Practically speaking, a purchaser's utility is typically difficult to gauge or evaluate. In any case, a few financial specialists accept that they can by implication gauge what is the utility of a monetary decent or administration by utilizing different models.
Utilities are organizations that work in the electric, water, oil, or gas areas. These organizations assume a significant part in modern economies and have an all out market capitalization of almost $1.6 trillion.
Therefore Option(c) is correct.
Learn more about Utility here:
brainly.com/question/14149928
#SPJ2
Explain why the more education a person has, the more money they make.
(Answers should include the screening effect and the learning effect.)
Answer:
because. a more educated person have a good profession and by that they can earn a good sources of money
Answer:
a more educated person have a good profession and by that they can earn a good sources of money
Explanation:
24. When documenting animal data, what is typically not included in the record?
pedigree
breeding plan
weight
estimated lifespan
Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby’s education. Which of the following is likely to have the highest growth over the next 18 years?
Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby’s education. The stock has the highest growth over the next 18 years.
What does high-growth stock mean?Growth stocks are those businesses whose sales and earnings are anticipated to increase more quickly than the market as a whole. Growth stocks frequently have high P/E ratios and appear to be expensive, but if the company maintains its rapid growth, which will increase the share price, such valuations may actually be reasonable.
The first step in long-term financial planning for your child should be to either draught a will or make changes to the one you already have. Your will should specify what happens to your estate in addition to designating who will be your child's legal guardian in the event of your passing.
Learn more about high-growth stock here:
https://brainly.com/question/29095455
#SPJ2
what is a consequence of not having health insurance?
A consequence of not having health insurance is:
A person may not be able to afford healthcare if he falls illHealth insurance is the type of insurance where a person pays a premium periodically to cover the medical costs in case of an illness, surgery or any other health related problems.
This is important because:
It protects the insured from unexpected medical emergenciesSome health services come at a subsidized rate for such personSome preventive measures are available at no cost, etcTherefore, one consequence of not having a health insurance is that any sudden medical emergency can catch a person unawares and he would not be able to afford treatment.
Read more here:
https://brainly.com/question/13379965
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
latoya filed her tax return on february 10th this year. when will the statute of limitations expire for this tax return?
Answer:
The statute of limitations generally ends three years from the laterof (i) the date the tax return was actually filed (3 years from February 10th of this year) or (ii) the tax return’s original due date (3 years from April 15th of this year).Accordingly,Latoya’s statute of limitations for the tax return will end 3 years from April 15th.
Explanation: