If the adoption of a new product will reduce the sales of an existing product, then the projected sales should:_______.
a) reflect only the sales of the new product
b) include only the reduction amount.
c) equal the incremental increase in total sales.
d) be adjusted upward by the reduction amount.
Answers
Answer:
C. equal the incremental increase in total sales.
Explanation:
This analysis is mostly used in a lot of cases by companies in checking the profitability of all their dealings which is been done in segments here. In the case above equalling total sale increment comes on if reduction will be seen in the old stock value when the new product comes on board. This is seen to be done by companies mostly when it puts its attached statement from their income to the earned total.
Also, summations of this kind is also seen to manipulate the revenue change percentage which is dependent on when these events were been documented.
Related Questions
Gabby works for an online birthday-celebration company. The company’s key business is to receive orders to send birthday cakes, cards, and flowers to people who have their birthdays on particular days. Therefore, the company obviously maintains a huge database of customers and most of their personal details. Gabby’s colleague Marcos uses some of this information to date a few female single customers. Is the behavior of Marcos appropriate per any standards? A. Yes, he was only innocuously dating the female customers. B. Yes, he is not making any business out of the information. C. No, because per the FTC regulations, all personal details of customers should be protected. D. No, because using personal information of the same gender is permissible, but not of the opposite gender.
Answers
C. No, because as per the FTC regulations, all personal details of customers should be protected.
A student is setting up an experiment. The student has twenty identical young plants and will try to answer this question: How does the amount of water given to these plants each day affect how tall the plant will grow? Identify one condition, other than identical young plants, that should be held constant during the experiment.
Answers
Kennedy, Inc. reported the following data: Net income $128,451 Depreciation expense 12,655 Loss on disposal of equipment (8,582) Gain on sale of building 20,190 Increase in accounts receivable 9,009 Decrease in accounts payable (3,174) Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows from operating activities: $- Select - Adjustments to reconcile net income to net cash flow from operating activities: - Select - - Select - - Select - Changes in current operating assets and liabilities: - Select - - Select - Net cash flow from operating activitiesomPrepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.
Statement of Cash Flows (partial)
1 Cash flows from operating activities:
2
3 Adjustments to reconcile net income to net cash flow from operating activities:
4
5
6
7 Changes in current operating assets and liabilities:
8
9
10
Answers
Answer:
god help you
Explanation:
to long question, sumerize it Please
Which of the following most closely explains the purpose of economics as used by experts?
a. Experts use economics to explain what the government should do.
b. Experts use economics to explain why some people have greater wealth than others.
c. Experts use economics to explain why one choice is better than another.
d. Experts use economics to explain the choices we make and how these choices change as we cope with the demands of everyday life.
Answers
Answer:d. Experts use economics to explain the choices we make and how these choices change as we cope with the demands of everyday life.
Explanation:
All of the related jobs you do during your life are called your
Ocareer
O lifestyle
O occupation
I leisure time
Answers
Answer:
Career.
Explanation:
Currently, there are a number of ways that people can use to define a career. Some people include working menial jobs as a career while some wouldn't include it in the category.
But for most people, Career represent the progress in someone's professional life. It recorded every pieces of opportunity, action, and achievements that we take up until this point. This record will continue to increase until we eventually decided to stop and retire.
Explain why many countries choose to create trade agreements?
Answers
Answer:
Explanation:
many countries choose to create trade agreements because this allows unlimited
Imports and exports of goods . And the cost of trade is usually low hence it gives countries the opportunity to engage in the act with other countries.but while that may sound like a good thing note that everything hv their advantages and disadvantages
- trade is a really important factor towards development. when countries trade, it lets them get the resources they don't have and build a good relationship with other countries.
Currently there are two assets to invest. Asset A has a beta of 0.5 and an expected return of 0.04, and Asset B has a beta of 1.2 and an expected return of 0.16. These are the only two assets available for investing. Your task is to find what combination of these two assets will give you an portfolio expected return of 0.13
Answers
Answer:
the percentage investment made in Asset A and asset B is 25% and 75% respectively
Explanation:
The computation of the percentage investment made in Asset A and asset B
Here we assume the weight of asset A be x
And for Asset B it would be (1 - x)
Now
0.04x + 0.16 (1 - x) = 0.13
0.04x + 0.16 - 0.16x = 0.13
-0.12x = -0.03
x = 25%
(1 - x) = 0.75 or 75%
Therefore the percentage investment made in Asset A and asset B is 25% and 75% respectively
Explain how electronic (Virtual Meetings) can impact organizations.
Answers
Everyone who needs to attend virtual meetings, whether they join from their home or another nation, can do it more easily. This enhances participation for persons who might have travel limitations because to things like poor health, childcare, limited funds, or mobility issues.
What benefits do electronic meetings offer?It eliminates the need for travel by enabling individuals or teams to communicate and collaborate remotely. Online meetings allow for more flexibility, cost savings, enhanced accessibility, and international team and individual communication.
What harm does holding meetings virtually cause?Their agony is not really lessened by virtual meetings.
In-person interaction is missing from virtual meetings. It can occasionally be challenging to understand team members' nonverbal signs.
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Which of the following decreases when credited?
Revenue
Inventory
Wages payable
Loans payable
Answers
Inventory decreases with Cr.
Wages Payable decreases with Dr
Loans Payable decreases with Dr
So only inventory decreases with Cr
Asset has a normal balance of a Dr
Liabilities have a normal balance of a Cr
Revenue has a normal balance of a Cr
2. Assembly of a model airplane has a learning curve of 80 percent. The estimated time to assemble a second identical model airplane is 40 hours . Determine approximately how much time will be required for: a. the eight unit (4 points) b. the first ten units (4 points )
Answers
Using the learning curve formula, the times required are given as follows:
a) Eight unit: 10.49 hours.
b) First ten units: 194 hours.
What is the learning curve formula?The learning curve formula gives the time needed to model the nth unit of a product according to the following exponential equation:
\(T = a(b)^{n-1}\)
In which the parameters are described as follows:
a is the time needed to model the first unit.b is the learning curve coefficient.In the context of this problem, the coefficient of the learning curve is given by:
b = 0.8.
The time it takes for the second model is of 40 hours, hence T(2) = 40, meaning that we can find the parameter a as follows:
\(40 = a(0.8)\)
a = 40/0.8
a = 50.
Then the equation is:
\(a_n = 50(0.8)^{n - 1}\)
The time it takes to assemble the eight unit, in hours, is given by:
\(a_8 = 50(0.8)^7 = 10.49\)
For the first ten units, the time is given by the following integral:
\(T = \int_{1}^{10} 50(0.8)^{n - 1} dn\)
Applying the exponential integral rule, we have that:
\(T = \frac{50}{\ln{0.8}}(0.8)^{n - 1}|_{n = 1}^{n = 10}\)
Applying the Fundamental Theorem of Calculus to solve the definite integral, the time in hours needed to produce the first ten units is given by:
\(T = \frac{50}{\ln{0.8}}[(0.8)^9 - (0.8)^0]\)
T = 194 hours.
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The manager of a restaurant with a target market of young families with small children is making a decision
about where to spend his print media marketing budget. He has narrowed his choices to a magazine that is
placed in senior citizen neighborhoods for a low price per reader or a magazine that is made available in
pediatricians' offices for a higher per reader cost. The manager asks for your opinion. You advise that the
Answers
Given that the magazine's target audience is young families, you suggest using the funds to purchase it from the pediatrician's offices.
Describe the term target audience?A collection of people characterized by particular demographics and behaviors is known as a target audience. Businesses frequently use their knowledge of their target market to develop user personas. Their choices for marketing initiatives are influenced by these characters. The target audience is the group of customers that a firm is attempting to attract through advertising.The given condition for the question:
The manager of the a restaurant whose target customers are young families with young children is deciding how to allocate his marketing budget for print media. His options have been reduced to two magazines: one that is distributed in senior citizen areas at a cheap cost per reader, and the other that is distributed in physician offices for just a higher cost per reader.Thus, given that the magazine's target audience is young families, you suggest using the funds to purchase it from the pediatrician's offices.
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An associate has just spent 30 minutes showing a customer the features of a
handheld computer. The customer says, “I can get this for a lot less over the
Internet. Your prices are outrageous!" Which of these is the associate's most
professional response to the customer's remark? *
Answers
Bank Of The North (B of N) gave out large loans to many of their customers. After reviewing the bank’s records, B of N sees that the bank is now below the Federal Reserve’s minimum reserve requirement. A member bank, Helper Bank, has excess reserves. B Of N borrows enough money from Helper Bank to reach their reserve requirement. The rate of interest that B of N will pay to Helper Bank for the loan is the ________ rate.
Answers
Answer: federal fund rate
Explanation:
Federal funds rate is simply defined as the interest rate which banks and credit unions which are also.refeeed to as depository institutions lend the balance that they've in their reserves balances to other depository institutions. It should be noted that no collateral is collected in this case.
The reserve balance is the fund which the central bank in a country makes compulsory for the commercial banks to have in order to maintain their reserve requirement. In this case, the banks thatt have surplus balances lend the balances to others that need the extra balance to make up theirs or need larger balances.
Federal fund rate is the rate of interest on which one bank gives short term or overnight loan to other banks.
here B of N will give the interest to Helper Bank as per the Federal Fund rate
(GIVING BRAINLIEST AS SOON AS I CAN!!)
In her role as an administrative professional, Martina is learning about different types of business letters she might be asked to type. Which is MOST likely to be requested by her manager?
A: acceptance letter
B: Dear John letter
C: happy birthday letter
D: chain letter
Answers
How do you differentiate a letter from a memo?
Answers
Answer:
memo refers to a short message, written in a informal tone for interoffice circulation of the information. letter are a verbal communication , that contains a compressed message, conveyed to the party external to the business, departments, units or superior-subordinate within the organization.
Which of the following statements is normative?
A. Gas taxes unfairly penalize motorists.
B. A rise in gas taxes will lead to a decrease in leisure driving.
C. Property taxes are not paid by renters.
D. The more one drives, the more one pays in gas taxes.

Answers
Answer:
C. As there is no external influence other than just tax and the government changing it.
Explanation:
Question 5(Multiple Choice Worth 5 points)
(04.01 LC)
If a company pays dividends to stockholders, the dividends -
Oare taxable
Oare not considered income
O cannot be reinvested
O must be cashed out.
Answers
If a company pays dividends to stockholders, the dividends cannot be reinvested. The Option C is correct.
What does dividends means to stockholders?A dividend is a payment made by a company to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and can take the form of cash payments or stock reinvestments.
By exercising their voting rights, shareholders must approve dividends. Despite the fact that stock dividends are less common than cash dividends, they are still a possibility. Different exchange-traded funds (ETFs) and mutual funds also distribute dividends.
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Specify which would be the most appropriate fiscal policy (expansionary / contractionary) response to each of the following scenarios:
A recession._____ (expansionary / contractionary)
A stock market crash that hurts consumer and business confidence. ______ (expansionary / contractionary)
Extremely rapid growth of exports.______ (expansionary / contractionary)
Rising inflation.______ (expansionary / contractionary)
A rise in the natural rate of unemployment.______ (expansionary / contractionary)
Answers
A stock market crash that hurts consumer and business confidence: Expansionary fiscal policy would also be appropriate in this scenario. By increasing government spending and/or cutting taxes, policymakers can boost demand and restore confidence in the economy.
Extremely rapid growth of exports: Contractionary fiscal policy would be appropriate in response to extremely rapid growth of exports. In this scenario, policymakers might consider reducing government spending and/or increasing taxes, in order to reduce demand and prevent the economy from overheating.
Rising inflation: Contractionary fiscal policy would also be appropriate in response to rising inflation. Policymakers might consider reducing government spending and/or increasing taxes, in order to reduce demand and curb inflationary pressures.
A rise in the natural rate of unemployment: Expansionary fiscal policy would be appropriate in response to a rise in the natural rate of unemployment. In this scenario, policymakers might consider increasing government spending and/or cutting taxes, in order to boost demand and create jobs.
Exercise 8-14 Inventory cost flow methods; perpetual system [LO8-1, 8-4] Altira Corporation uses a perpetual inventory system. The following transactions affected its merchandise inventory during the month of August 2018: Aug.1 Inventory on hand—2,100 units; cost $6.20 each. 8 Purchased 10,500 units for $5.60 each. 14 Sold 8,400 units for $12.10 each. 18 Purchased 6,300 units for $5.40 each. 25 Sold 7,400 units for $11.10 each. 31 Inventory on hand—3,100 units. Exercise 8-14 Part 1 Required: 1. Determine the inventory balance Altira would report in its August 31, 2018, balance sheet and the cost of goods sold it would report in its August 2018 income statement using the FIFO method. (Round "Cost per Unit" to 2 decimal places.)
Answers
Answer:
a. The inventory balance Altira would report in its August 31, 2018, balance sheet is $16,740.
b. Cost of good sold = $89,100
Explanation:
a. Determine the inventory balance Altira would report in its August 31, 2018, balance sheet
Based on FIFO method, we have:
Inventory 8,400 sold on Aug. 14 = 2,100 units from Aug. 1 beginning balance+ 6,300 units from Aug. 8 Purchases
Aug. 8 purchases balance after the Agug 14. sales = 10,500 - 6,300 = 4,200 units
Inventory 7,400 sold on Aug. 25 = 4,200 from Aug. 8 balance+ 3,200 from Aug. 18 Purchases
Aug. 18 purchases balance after the Agug 25. sales = 6,300 - 3,200 = 3,100 units
Value of closing inventory = 3,100 * 5.40 = $16,740
Therefore, the inventory balance Altira would report in its August 31, 2018, balance sheet is $16,740.
b. Determine the cost of goods sold it would report in its August 2018 income statement using the FIFO method.
Beginning inventory value = 2,100 * 6.20 = $13,020
Value of purchases = (10,500 * $5.60) + (6,300 * $5.40) = $92,820
Value of closing inventory = $16,740
Cost of good sold = $13,020 + $92,820 - $16,740 = $89,100
if the natural rate of unemployment is 5%, what is the total rate of unemployment if output is 2% below potencial output?
Answers
Scammers often say that P2P payments are protected by the FDIC (Federal
Deposit Insurance Corporation) or NCUA (National Credit Union Association).
Why is this wrong?
Answers
The saying that P2P payments are protected by the FDIC (Federal Deposit Insurance Corporation) or NCUA (National Credit Union Association) is wrong because the FDIC only offers money that is held in the financial institutions in the nation and not when it has been transferred.
What is the FDIC?In order to ensure stability and public confidence in the country's financial system, the Federal Deposit Insurance Corporation (FDIC) is an independent organization that was established by Congress. In the event that an insured bank fails, the FDIC guards depositors of American-based insured banks against losing their money.
The FDIC was established in 1933 with the goal of preserving public confidence in the financial system and fostering stability through the promotion of ethical banking practices.
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Answer:
FDIC only offers money that is held in the financial institutions
Explanation:
At year-end, a trial balance showed total credits exceeding total debits by $4,950. This difference could have been caused by: ______________
a. An error in the general journal where a $4,950 increase in Accounts Receivable was recorded as an increase in Cash.
b. A net income of $4,950.
c. An error in the general journal where a $4,950 increase in Accounts Payable was recorded as a decrease in Accounts Payable.
d. The balance of $5,500 in the Office Equipment account being entered on the trial balance as a debit of $550.
e. The balance of $49,500 in Accounts Payable being entered in the trial balance as $4,950.
Answers
There are ways to know the differences in account. This difference could have been caused by An error in the general journal where a $4,950 increase in Accounts Payable was recorded as a decrease in Accounts Payable.
What is a trial balance?A trial balance is a document that depicts all asset, liabilities etc. It is often prepared so as to ensure that posting of amounts and accounts are done well and right.
Here, the Total debits must equal total credits. The issue could have been caused by option d due to different factors.
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What is skills theories?
Answers
Answer:
the proposition that cognitive development is the result of a dynamic interaction between the individual and
Explanation:
allows anyone interested in becoming a leader to learn the skills required to become one
The average annual income rises from $25,000 to $38,000, and the quantity of bread consumed in a year by the average person falls from 30 loaves to 22 loaves. What is the income elasticity of bread consumption? Is bread a normal or an inferior good?
Answers
Answer:
the income elasticity of bread is 20/39 and bread is an inferior good
Brown Cow Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, $14,000; (2) up to 120 days past due, $4,500; and (3) more than 120 days past due, $2,500. Experience has shown that for each age group, the average loss rate on the amount of the receivables at year-end due to uncollectibility is (1) 2 percent, (2) 12 percent, and (3) 30 percent, respectively. At December 31 (end of the current year), the Allowance for Doubtful Accounts balance is $800 (credit) before the end-of-period adjusting entry is made. Data during the current year follow:
a. During December, an Account Receivable (Patty's Bake Shop) of $750 from a prior sale was determined to be uncollectible; therefore, it was written off immediately as a bad debt.
b. On December 31, the appropriate adjusting entry for the year was recorded.
Required:
1. Give the required journal entries for the two items listed above.
2. Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year. Disregard income tax considerations.
Answers
Answer:
Brown Cow Dairy
1. Journal Entries:
a. Debit Allowance for Uncollectibles $750
Credit Accounts Receivable $750
To write-off an uncollectible account.
b. Debit Bad Debts Expense $1,520
Credit Allowance for Doubtful Accounts $1,520
To record bad debts expense for the year.
2. Amounts that would be reported:
Income Statement:
Bad debts expense $1,520
Balance Sheet:
Accounts Receivable $21,000
less Allowance for Doubtful accounts $1,570
Explanation:
a) Data and Calculations:
(1) not yet due, $14,000 * 2% = $280
(2) up to 120 days past due, $4,500 * 12% = 540
(3) more than 120 days past due, $2,500 * 30% = 750
Total $21,000 $1,570
Balance of Allowance for Doubtful Accounts = $800
a. Debit Allowance for Uncollectibles $750
Credit Accounts Receivable $750
To write-off an uncollectible account.
b. Debit Bad Debts Expense $1,520
Credit Allowance for Doubtful Accounts $1,520
To record bad debts expense for the year.
Suppose that you purchased your home in 2014 and believe that, based upon recent
comparable home sales in your vicinity, your home has a market value of $675,000. You
decide to put your home on the market for $720,000 to allow room for future negotiation
towards your desired selling price of $675,000. After several days, you receive a text
message from your broker informing you that prospective buyers have been balking at
making you an offer as they have seen that Zillow is valuing your house online for only
$600,000. Explain whether you have a right to sue Zillow and, if so, under what liability
law(s).
Answers
Zillow, a popular online real estate database and marketplace, provides estimates of home values through its proprietary Zestimate tool. However, in the case where a seller disagrees with Zillow’s valuation of their property, the seller does not have the right to sue Zillow, and there are no legal grounds for a lawsuit.
In addition, the seller voluntarily uses the tool to estimate their property's worth. Although Zillow uses a complex algorithm that considers various factors to determine the value of a property, the tool is not perfect, and its estimates can be incorrect. A home’s value depends on various factors, including location, condition, recent sales prices of comparable homes in the area, and market trends. It is essential to note that Zillow’s Zestimate tool does not physically visit homes, and, therefore, may not be able to factor in some critical variables affecting the value of a property.
As a result, Zillow's online estimates should be used only as a starting point for determining the property's value. Ultimately, the actual value of the property will be determined by the final price a buyer is willing to pay, the seller’s selling price, and the current market conditions. Therefore, it is essential to get a professional appraisal to get an accurate valuation of the property. In conclusion, a seller does not have the right to sue Zillow as there are no grounds for a lawsuit.
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Robert picked a business that appealed to his love of music and also one that would pay well. How would you decide on a business opportunity?
Answers
Robert picked a business that appealed to his love of music and also one that would pay well was music gigs. The business opportunity is sell of music albums.
What is music?According to many definitions, music is the process of combining form, harmony, melody, rhythm, and other expressive elements with sound. Despite being a component of all human cultures and a cultural staple, there is considerable variation in the precise meanings of music around the world.
Further the practice of creating harmonious, aesthetically attractive, or expressive tonal combinations, typically using melody, rhythm, and harmony. a written down composition of music. Bring musical compositions with melody, harmony, and rhythm.
However a sort of timed sound art that uses the components of rhythm, melody, harmony, and color to express thoughts and feelings in meaningful ways.
Therefore the tones or sounds used, whether they are in one line (melody) or many lines (harmony), and whether they are being or will be produced by one or more voices, instruments, or both.
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Querrey Inc. and Ronno Inc. conduct business in a foreign country that imposes a 3 percent VAT. Querrey produces entertainment videos at a $6 material cost per unit and sells the videos to Ronno for $9 per unit. Ronno sells the videos at retail for $10 per unit. This year, the combined efforts of Querrey and Ronno resulted in sales of 12.4 million videos to the public. Compute the VAT for each corporation. (Enter your answers in dollars not in millions of dollars.VATQuerrey Inc. $0Ronno Inc.
Answers
Answer:
The amount of VAT payable both the business are:
VAT payable by Querrey Inc. is $11,16,000
VAT payable by Ronno Inc. is $3,72,000
Explanation:
The computation of VAT payable is as follows:
"The image is attached below"
Working Note:
1. For Querrey Inc.
\(\begin{aligned}\text{Sales Revenue}&=12,400,000\text{units}*\$9\text{per units}\\&=\$11,16,00,000\\\text{VAT on Sales}&=\$11,16,00,000*3\%\\&=\$33,48,000\\\text{VAT on Material}&=12,400,000\text{units}*\$6*3\%\\&=\$22,32,000\\ \end{aligned}\)
2. For Ronno Inc.
\(\begin{aligned}\text{Sales Revenue}&=12,400,000\text{units}*\$10\text{per units}\\&=\$12,40,00,000\\\text{VAT on Sales}&=\$12,40,00,000*3\%\\&=\$37,20,000\\\text{VAT on Purchase}&=12,400,000\text{units}*\$9*3\%\\&=\$33,48,000\\ \end{aligned}\)
Name three sources of law and cite an example of each.
Answers
Answer:
Key Takeaways
The three sources of law are constitutional, statutory, and case law.
The sources of law are ranked as follows: first, constitutional; second, statutory; and third, case law.
The purpose of the US and state constitutions is to regulate government action.
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Three basic questions of economics are:
a. Why? How? What? b. What? How? For Whom?
c. What? Where? When? d. What? How? Where