Marketing managers have a number of branding strategies to choose from including multiproduct branding, multibranding, private branding, and mixed branding. Each of these branding activities has its own advantages and disadvantages. This activity is important because managers must choose the branding strategy for its products that will maximize the probability of success. The goal of this activity is to demonstrate your understanding of the four primary branding strategies. Roll your cursor over each product to read the description, then match the example to the branding strategy it exemplifies.

Answers

Answer 1

A corporation employs a single name for all of its goods in a certain product class as part of a multiproduct branding strategy, multibranding strategy, private branding strategy, or mixed branding strategy. "Corporate branding" or "family branding"

Which four branding strategies are there?

The Fab Four of brand-development tactics. Expansion of the product line. When a company targets an existing market with a new product that is similar to one it currently sells, this occurs. Co-branding, brand licensing, and brand expansion.

A brand strategy template: what is it?

You may use the Brand Strategy Template as a framework to establish your brand's identity, positioning, and fundamental values. Nine brand components that are necessary for a strong brand strategy are represented by these three fundamental brand areas: Brand objective. brand strategy. brand ideals.

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Related Questions

operations management course concept

Answers

The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.

This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.

Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.

The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.

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Midwest Life Insurance sells a life insurance policy to Thiago. Under the terms of the contract between Thiago and Midwest Life, Thiago will pay $75 per month for the policy, and, upon Thiago’s death, Midwest Life will pay $100,000 to Laurelei. Four years later, Thiago dies, and Midwest refuses to pay under the terms of the policy. The party entitled to sue Midwest for its failure to honor the terms of the contract is:

Answers

The party which is entitled to sue Midwest for its failure to honor the terms of the contract is Laurelei because she is the contract beneficiary.

Basically, the life assurance policy is a policy which promises to pay the beneficiary of the life assured a certain sum after the death of the life assured.

Here, the contract of assurance is valid because Thiago ensures continuous payment of his premium.

Thus, Laurelei who is a beneficiary to Thiago life assurance is entitled to the sum assured because she is included in the contract terms as a beneficiary since the inception of the contract.

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which of the following are likely to be accomplished with financial planning? multiple select question. outcome certainty exploring options avoiding surprises perfect forecasts

Answers

Avoiding surprises and exploring options are more likely to be achieved through financial planning.

The task of determining how a business will afford to achieve its strategic goals and objectives is known as financial planning. Typically, a company develops a Financial Plan immediately after establishing its vision and objectives.

A written financial plan provides you with a measurable goal to work toward. Because you can track your progress, you can eliminate doubt or uncertainty about your decisions and make adjustments to help you overcome potential roadblocks.

A financial plan is sometimes referred to as an investment plan, but in personal finance, a financial plan can focus on other areas such as risk management, estate planning, college planning, or retirement planning.

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Juan is responsible for writing a contract between his company and a vendor. Arrange the tiles in the order in which Juan will complete the contract

Answers

Choose the key things to include in the contract and establish its structure by drafting an outline that arranges the clauses and provisions in the right sequence. Make a rough draft of the contract and put down all the facts. fine-tune the material, make sure it's clear, and look it over for grammar and spelling mistakes.

A sentence is a component of language that consists of a semantic predictand (expressed or not) and a semantic predicate. A typical clause comprises of a subject and a syntactic predicate, the latter of which is usually a verb phrase made up of a verb and any associated objects and modifiers. Even in languages with null subjects, other languages, and even English in the imperative mood, the subject is occasionally unvoiced if it can be retrieved from context. A simple sentence is complete when it has only one clause and one finite verb. Complex sentences have several clauses, including at least one independent clause (a clause that can stand alone as a simple sentence) coordinated either with at least one dependent clause (also known as an embedded clause) or with one or more independent clauses.

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Answer: see the picture

Explanation:

Juan is responsible for writing a contract between his company and a vendor. Arrange the tiles in the

What quality does an organizational structure reflect? the demographics of the organization how large an organization is the gross income of an organization when an organization was established

Answers

Answer: How large and organization is.

Explanation:

“An organizational structure, or how a group arranges itself and communicates within, reflects what the organization wants to accomplish, how large it is, type of industry, and what types of products or services it delivers among other things.

An organizational structure reflects how large the organization is.

This factor, which affects an organizational structure, is known as the size factor. Other factors include:

Strategy, which the organization has chosen in order to pursue and achieve its goals. Business environment, leading it to develop mechanistic or organic systems.

Thus, an organization's structure will always reflect the size of the organization.

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At the age of 68, Donna elected a straight life income option for the payout of her $150,000 deferred annuity She received monthly payments for 3 years totaling $42,000 and then she died. How much will her beneficiary get?

Answers

Answer:

Explanation:

Given that

The payout is $150,000 for deferred annuity

Monthly payment for 3 years i.e. $42,000 and after this she died

So, here the beneficiary should get zero amount as in the case of the straight life income options, the annuitant should received the payment only when they died the payment should stop so beneficiary should not be eligible for any kind of payment received

Therefore zero amount should be considered

q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking

Answers

Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.

Difference between critical and creative thinking:

Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.

On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.

Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.

While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.

Positive use of leisure time:

Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:

Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.

Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.

Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.

Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.

Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.

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Higher interest rates will ______

a.) slow down government spending

b.) increase investment in the stock market

c.) decrease the consumption in the economy

d.) decrease the cost of borrowing money

Answers

Higher interest rates will decrease the consumption in the economy. The Option C.

How do higher interest rates affect consumption patterns?

When interest rates rise, borrowing money becomes more expensive which then discourages consumers from taking on new debt, leading to a decrease in consumption in the economy.

Higher interest rates increase the cost of financing for individuals and businesses and makes it less attractive to make large purchases or invest in new projects. As a result, consumer spending tends to decline impacting various sectors of the economy, such as housing, automobiles, durable goods.

Answers

An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

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Georgia has a list of employees selected for an employee development program. She is identifying which ones should participate in each activity. Which activity should she have the most experienced managers participate
in?
A. Feedback focusing on weaknesses
B. Assignment to a lower-level employee
C. One-on-one sessions with an executive coach
D. Introductions to management situations

Answers

The activity she should she have which the most experienced managers participate in is one-on-one sessions with an executive coach. The OPtion C

Which activity should she have?

Most experienced managers should participate the most in one-on-one sessions with an executive coach. The one-on-one sessions with an executive coach are a valuable opportunity for managers to further develop their skills and leadership capabilities.

These sessions provide personalized guidance and support allowing managers to enhance their strengths and address areas for improvement. The experienced managers can benefit greatly from the insights and expertise of an executive coach who can offer valuable perspectives challenge their thinking and provide strategies for growth.

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If the cost method is used to account for a long-term investment in common stock:____.
a. it is presumed that the investor has significant influence on the investee.
b. the earning of net income by the investee is considered a proper basis for recognition of income by the investor.
c. net income of the investee is not considered earned by the investor until dividends are declared by the investee.
d. the Investment account may be, at times, greater than the acquisition cost.

Answers

Answer:

net income of the investee is not considered earned by the investor until dividends are declared by the investee

Explanation:

Cost method can be regarded as

a method that is utilized when the influence of the investor over the investment that which he owns is just little or no influence , this could be typically described as owning less than 20% of the company. The investment will be recorded in the asset section of the balance sheet at historical cost. When an investment is made by an investing entity and the investment is having following two criteria, then the investment can be accounted for by the investor using the cost method.

Those criteria are;

1) There is no substantial influence by the investor over the investee.

2)There is no easily determinable fair value for the investment.

This cost method is best method when making a passive as well as long-term investment which doesn't result to influence over the company.

It should be noted that If the cost method is used to account for a long-term investment in common stock, then net income of the investee is not considered earned by the investor until dividends are declared by the investee

Life insurance that covers an insured’s whole life with level premiums paid over a limited time is called:

Answers

Limited-pay life !!!!!

NOVO FINANCE ECONOMICS AND ACCOUNT
243 Sub-task 3: Economic environment (Total: 30 marks: 180 minutes)
The Book Store is a business which sells a variety of books to suit any lifestyle, from
bestselling novels, educational material to children's books
The owner, Wendy Brocks, has realised that there is a demand for creative stationery
based on her customers' requests. She decided to expand her business by producing a
stationery-line including creative paper, envelopes, notepads, creative stamps, craft pens
and wrapping paper which she will sell in
store.
Wendy is considering using semi-finished products to produce the stationery and wants to
loan in order to gain the capital for the expansion of The Book Store. Wendy knows that
import the creative stamps and craft pens from China. Wendy plans to apply for a business
she has to conduct thorough research before starting this new venture.
The student is required to assist Wendy by conducting the research and preparing an
investigative report on the following points:
a) The four factors of production (inputs) needed for the manufacturing process of The
Book Store's new stationery-line. The student is required to investigate two inputs for
each factor of production.
b) Include a drawing of the production process of this new venture.
c) Research the infrastructure needed to manufacture the stationery-line.
d) Propose ideas on how to produce the creative stationery in an environmentally friendly
way to prevent deforestation.
e) Assuming the inflation-rate rises, give one implication that this increased inflation rate.
would have on the import cost of creative stamps and craft pens from China.
Find out the current interest rate as Wendy is considering applying for a loan. The date
the interest rate obtained must be given.
9) The investigation should be concluded by providing an opinion as to whether this
business idea is viable or not and provide three reasons to substantiate the answer.

Answers

The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery include land, labor, capital and entrepreneur.

How to illustrate the information?

Based on the information given, the production process of this new venture will be the input or resources that will be used for the production process.

The infrastructure needed to manufacture the stationery-line will be capital, and portfolio designs as well as printing machines.

The ideas on how to produce the creative stationery in an environmentally friendly.way to prevent deforestation is to use less paper and recycling.

An implication of this increased inflation rate is that it lead to the increase in production cost.

Lastly, the business is viable as there is a demand for creative stationery based on her customers' requests.

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Question 8 of 10
Financial statements are prepared near the end of the accounting cycle.
Which of the following is true?
A. A balance sheet shows the total assets, liabilities, and owner's
equity at the end of the period
B. An income statement shows the total assetsliabilities, and
owner's equity at the end of the period.
C. An income statement shows the changes in stockholder's capital
for the period
D. A balance sheer shows the changes in stockholder's capital for the
period
SUSMIT

Answers

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

As we know that

The income statement recognized only the income earned and expenses incurred of an organization

While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity

So according to the given options, the option A is correct

hence, the rest of the options would be incorrect

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

a p exz

Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 10,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows: Direct materials $10,500 Direct labor 4,800 Total $15,300 The standard materials price is $0.7 per pound. The standard direct labor rate is $12 per hour. At the end of June, the actual direct materials and direct labor costs were as follows: Actual direct materials $9,500 Actual direct labor 4,400 Total $13,900 There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Bezco Toy Company actually produced 8,800 units during June. Determine the direct materials quantity and direct labor time variances. Round your per unit computations to two decimal places, if required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Answers

Answer:

Direct material quantity variance = -$260 Unfavorable

Direct labor time variance = -$176 Unfavorable

Explanation:

The computation of the direct materials quantity and direct labor time variances is shown below:-

Direct material quantity variance = (Standard Direct material ÷ Company budgeted × Produced units) - Actual direct material

= ($10,500 ÷ 10,000 × 8,800) - $9,500

= ($1.05 × 8,800) - $9,500

= $9,240 - $9,500

= -$260 Unfavorable

Direct labor time variance = (Standard Direct labor ÷ Company budgeted × Produced units) - Actual direct labor

= ($4,800 ÷ 10,000 × 8,800) - $4,400

= $0.48 × 8,800) - $4,400

= $4,224 - $4,400

= -$176 Unfavorable

Therefore we have applied the above formula.

If you were the manager of these employees, what would you do to motivate them? Be honest regarding your personal management style and beliefs rather than trying to be like Roy Pelaez.

Answers

As the plan changes, one of the finest ways to inspire people is through active participation. Give the team the tools they need to succeed and the freedom to do it their way once they have embraced the new strategic plan and comprehended it.

What leadership style can I utilize to inspire my staff?

Positive incentives like incentives, bonuses, and stock options are used in transactional management style to encourage employees to increase their performance. A different way to say it is that the transactional management approach depends on enticing workers with external rewards.

What does self-motivation look like in the workplace?

committing time to work outside of the office and volunteering on projects. supplying insightful suggestions to assist the team go forward.

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During April, the first production department of a process manufacturing system completed its work on 305,000 units of a product and transferred them to the next department. Of these transferred units, 61,000 were in process in the production department at the beginning of April and 244,000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 83,000 additional units were in process in the production department and were 85% complete with respect to materials and 35% complete with respect to conversion.

The production department had $779 288 of direct materials and $659,797 of conversion costs charged to it during April. Also, its April beginning inventory of $163,740 consists of $122,032 of direct materials cost and $41708 of conversion costs.

Required:
a. Compute the direct materials cost per equivalent unit for April.
b. Compute the conversion cost per equivalent unit for April.
c. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory.

Answers

Answer:

b. Compute the conversion cost per equivalent unit for April.

Explanation:

i think thats the answer sorry if im wrong but if im right may i get brainlest?

Marketing Research (1)

1. Which question isn't collecting qualitative data?

* Why should phone be banned during school?
* Do you like chocolate or vanilla, yes or no?
* Describe the kind of toppings you like on your pizza.
* How should you discipline a child?

2. The group of people who represent the target markef and are taking part in a research study is ……

* Interviewees
* first responders
* target market
* sample

3. All the following are advantages of a survey EXCEPT

* can collect data on large samples
* data collected is always honest and reliable
* Quick
* Easy to analyze

4. Which of the following questions is market research not likely to find an answer to?

* Would consumers be likely to buy my product?
* What price would consumers be likely to pay?
* Which businesses will be the main competitors?
* Which method of production should I use?

5. Which of the following is an example of a primary data source

* sales reports
* inventory reports
* survey
* expense reports

6. What is an example of validity?

* A set of questions that vaguely answer the company's question.
* A set of questions fully answering what the business wants to know about a target market
* A set of questions that are poorly written
* Along survey asking the consumer random questions

7. What is the first step in the marketing research process?

* Analyze results
* Experiment
* Defining the problem
* Conduct a survey

8. Carolyn is planning on releasing a new product in her candy business and making a survey, What type of research is this?.

* Product placing
* Qualitative research
* Media research
* Quantitative research

9. In market research, a sample is defined as………

* A group selected from all the potential product consumers
* all the potential consumers of a product
* a trial of the product so that consumers can test it at home
* A gift to the consumer

Answers

1. Which question isn't collecting qualitative data?

Answer: B. Do you like chocolate or vanilla, yes or no?

Explanation: That question is not collecting qualitative data. This is a quantitative question, as it requires a yes or no answer.

2. The group of people who represent the target market and are taking part in a research study is ……

Answer: A. Interviewees

Explanation: Interviewees are those who are taking part in a research study and answer questions from the researcher to gain an understanding of the target market.

3. All the following are advantages of a survey EXCEPT

Answer: B. Data collected is always honest and reliable

Explanation: This is not necessarily an advantage of a survey as respondents may not provide honest answers or the data may be unreliable due to inaccurate responses.

4. Which of the following questions is market research not likely to find an answer to?

Answer: D. Which method of production should I use?

Explanation: Market research is focused on understanding customer needs and analyzing customer behavior, not determining an internal business strategy such as the best method of production.

5. Which of the following is an example of a primary data source

Answer: C. survey

Explanation: Primary data sources refer to data that is collected directly from its source. In this case, the data would be gathered through surveys given to a group of people.

6. What is an example of validity?

Answer: B. A set of questions fully answering what the business wants to know about a target market

Explanation: Validity is the accurate and precise measurement of what a survey or test is designed to measure. A set of questions that fully answer what the business wants to know about a target market would be considered valid.

7. What is the first step in the marketing research process?

Answer: C. Defining the problem

Explanation: This involves clearly identifying and assessing the current situation in order to determine what data needs to be collected and analyzed in order to answer the research question.

8. Carolyn is planning on releasing a new product in her candy business and making a survey, What type of research is this?

Answer: D. Quantitative research.

Explanation: Quantitative research is a type of research that collects data in numerical form and then uses statistical analysis to draw conclusions about that data. In this case, Carolyn is using a survey to collect data which she can then analyze to understand how successful her new product will be.

9. In market research, a sample is defined as………

Answer: A. A group selected from all the potential product consumers

Explanation: In market research, a sample is defined as a subset of a population that is chosen to represent the entire population in order to study it. A sample can be used to measure and better understand the opinions, behaviors, and characteristics of the entire population.

If you have any additional questions or need further assistance, please let me know.

At the end of 2016, Sheridan Company has accounts receivable of $665,400 and an allowance for doubtful accounts of $23,480. On January 24, 2017, it is learned that the company’s receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,415.
(a) Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(b) What is the cash realizable value of the accounts receivable before the write-off and after the write-off?

Answers

a) Journal entry of write off :

Date account titles and explanation debit credit

Allowance for doubtful accounts 4415

Account receivable 4415

(To record amount write off)

b) Calculate cash realizable value :

Before write off After write off

Account receivable 665400 (665400-4415)=660985

Less: Allowance for doubtful accounts (23480) (23480-4415) = (19065)

Cash realizable value 641920 641920

What is Cash realizable value?

The amount of cash left over after deducting the uncollectible amount from an account receivable is known as the cash realisable value. The balance of accounts receivable and the allowance for doubtful accounts on a company's balance sheet are combined to yield this net amount.

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You want to purchase your first house. A conventional mortgage will require a credit score of approximately 630. Your credit score is 560. You need to increase it by 70 points to get to 630. If you increase your score by 12% per year, how many years will it take to lift your score to 630?

Answers

Answer:

1.1 years

Explanation:

The currents credit score is 560

the credit score is increasing by 12% per year is

=12% of 560

=12/100 x 560

=0.12 x 560

=67.2

The required increase is 70 points

the years it will take = 70 points /67.2 points

=1.041 years

= 1 year and one month

A trading firm ABC, Inc. has been in continuous existence for the past 20 years. In the year 2004 it purchased 2000 baseball bats for $ 6 each and sold 1700 of these for $10 each. What was the profit or loss of the firm in 2004

Answers

Answer: $6,800

Explanation:

Profit (loss) = Revenue - Cost of goods sold

Cost of goods sold = Purchases - closing stock

= (2,000 * 6) - (300 * 6)

= $10,200

Total Revenue:

= 1,700 * 10

= $17,000

Profit = Revenue - cost of goods sold

= 17,000 - 10,200

= $6,800

(closing stock is 300 because 1,700 units were sold)

1.) Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States? Check all that apply.

The costs of overfishing and other overly intensive uses of resources

Expenditures on federal highways

The variety of goods available to consumers

The value produced by doing your own laundry

Answers

GDP is calculated for the United States using either income or spending data. Both (A) and (C) are accurate due to the costs associated with overfishing and other excessively intense resource usage, as well as the range of commodities offered to customers.

What is meant by GDP?

Privacy law is generally the corpus of law that deals with the regulation, storage, and use of data, "without double counting the intermediate commodities and services used up to make them."

The gross domestic product (GDP) is a monetary indicator of the market worth of all the finished products and services that a country or countries produce and sell in a specific time period.

The GDP is typically used by a country's government to determine the health of its economy. Due to its arbitrary and difficult nature, this measurement is frequently altered before being accepted as a trustworthy indicator.

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The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.

Answers

On the net present value analysis, project Y is expected to generate a higher return on investment compared to project X.

To evaluate the two projects, X and Y, we will calculate their net present value (NPV) using the given cash inflows, discount rate, and initial cash outlay.

For project X:

The cash inflows for each year are Rs 40,000, Rs 30,000, Rs 50,000, and Rs 20,000 for years 1 through 4, respectively.

The initial cash outlay is Rs 100,000.

The discount rate is 10%.

To calculate the NPV, we discount each cash inflow to its present value using the discount rate and subtract the initial cash outlay:

NPV(X) = (40,000 / (1 + 0.10)^1) + (30,000 / (1 + 0.10)^2) + (50,000 / (1 + 0.10)^3) + (20,000 / (1 + 0.10)^4) - 100,000

Simplifying the calculations:

NPV(X) = 36,363 + 24,793 + 34,979 + 13,167 - 100,000

= 9,302

The net present value (NPV) for project X is Rs 9,302.

For project Y:

The cash inflow for each year is Rs 12,500 for 7 years.

The initial cash outlay is Rs 50,000.

The discount rate is 12%.

Using the same formula as above, we calculate the NPV for project Y:

NPV(Y) = (12,500 / (1 + 0.12)^1) + (12,500 / (1 + 0.12)^2) + ... + (12,500 / (1 + 0.12)^7) - 50,000

Simplifying the calculations:

NPV(Y) = 11,161 + 9,960 + 8,888 + ... + 3,637 - 50,000

= 11,042

The net present value (NPV) for project Y is Rs 11,042.

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Responding to an Overdraft
Introduction: Imagine that you have received an overdraft notice on your checking account. Which steps should you
take?
Set the note aside and wait until later
Settle the matter quickly
Check my records first
Contact the bank right away
Actions to Take
Actions to Avoid

Answers

1. Check my records first

1. Set the note aside and wait until later

2. Contact the bank right away

2. Ignore the notice

3. Settle the matter quickly

3. Try to pay the overdraft with another bank account

What is Overdraft Introduction?

Generally, Overdraft Introduction is a type of loan that allows customers to borrow money from their bank account to cover expenses that exceed the amount of money in their account. It is essentially a short-term loan that is provided by banks and other financial institutions to cover any shortfalls in funds.

Customers typically pay interest on the borrowed amount and may be required to pay a fee for the service. Overdraft Introduction can be useful for customers who need to cover a one-off expense or who need to cover expenses when their account balance is low.

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Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty. Martha was unaware of this warranty condition. What should Martha do to resolve her grievance?

Answers

If Martha was unaware of this warranty condition. What Martha should do to resolve her grievance is: c. approach the Federal Trade Commission.

What is Federal Trade Commission?

Federal Trade Commission can be defined as the agent whose sole responsibility is to fight for consumer right in a situation where buyers of a product are not treated rightly by a seller or when a company defraud a potential customers.

The best thing is for her to approach the federal trade commission and explain what transpire between her and the seller in which this agency will investigate the matter and fight for her right since their duties is to protect buyers from sellers.

Therefore we can conclude that Martha should approach the Federal Trade Commission so as to make her complaints.

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The complete question is:

A. pay for the repair

B. contact the Food and Drug Administration

C. approach the Federal Trade Commission

D. buy a new microwave

E. recycle the microwave responsibly

Answer

The answer is C, approach the Federal Trade Commission.

Explanation:

What do researchers mean by "secondary data"?
OA. Data collected after any research to gather primary data
OB. Data considered less important than primary data
OC. Data collected specifically for the researcher's own study
OD. Information from research already conducted for another purpose

Answers

The statement do researchers mean by "secondary data" is: OD. Information from research already conducted for another purpose.

What is secondary data?

Government papers, scholarly publications, surveys, databases and other previously done research are just a few examples of the sources from which secondary data may be derived.

To find answers to their own research questions or to obtain new insights into a particular area of interest, researchers analyse and interpret this current data. Researchers might avoid spending the time and money necessary for gathering primary data by employing secondary data instead.

Therefore the correct option is D.

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Which of the following words is easy to pronounce and remember?
1,Eudemos 2,Udemos 3,Defenshell 4,Defeme 5,guard-Juicy
6,Urban-Juicy 7,Speed-S 8,X-tend 9,J-self

Answers

Answer:

X-tend 9

Explanation:

Answer:

In my opinion I think

7, speed - s.

Onslow Co. purchases a used machine for $240,000 cash on January 2 and readies it for use the next day at an $10,000 cost. On January 3, it is installed on a required operating platform costing $2,000, and it is further readied for operations. The company predicts the machine will be used for six years and have a $28,800 salvage value. Depreciation is to be charged on a straight-line basis. On December 31, at the end of its fifth year in operations, it is disposed of.
1. Prepare journal entries to record the machine's purchase and the costs to ready and install it. Cash is used for all costs incurred.
Record the the costs of $10,000 cash incurred on the used machine
Record the costs of $2,000 for an operating platform
2
2. Prepare journal entries to record depreciation of the machine at December 31.
(a) Its first year in operation.
(b) The year of its first disposal

Answers

Answer:

A. 2-Jan

Dr Machinery $240,000

Cr Cash $240,000

3-Jan

Dr Machinery $10,000

Cr Cash $10,000

3-Jan

Dr Machinery $2,000

Cr Cash $2,000

B. Dec 31

Dr Depreciation expense- machinery $37,200

Cr Accumulated Depreciation- machinery $37,200

Dec 31

Dr Depreciation expense- machinery $37,200

Cr Accumulated Depreciation- machinery $37,200

Explanation:

A. Preparation of the journal entries to record the machine's purchase and the costs to ready and install it

2-Jan

Dr Machinery $240,000

Cr Cash $240,000

(Being machinery purchased)

3-Jan

Dr Machinery $10,000

Cr Cash $10,000

(Being expenses paid for machinery readies)

3-Jan

Dr Machinery $2,000

Cr Cash $2,000

(Being installation charges paid)

B. Preparation of journal entries to record depreciation of the machine at December 31.

Dec 31

Dr Depreciation expense- machinery $37,200

Cr Accumulated Depreciation- machinery $37,200

[($252,000 - $28,800) / 6]

($240,000+$10,000+$2,000=$252,000)

Dec 31

Dr Depreciation expense- machinery $37,200

Cr Accumulated Depreciation- machinery $37,200

[($252,000 - $28,800) / 6]

"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.

Answers

Answer:

College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.

The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.

When an employee leaves a position, how should the human resources department respond?

A. Post a job description to fill the position as quickly as possible.

B. Review the position to determine whether and when the position

should be filled again.

C.Train another employee to fill the position as quickly as possible.

D. Meet with college career advisors to advertise the position.

Answers

When an employee leaves a position, the right response of the human resources department will be to review the position to determine whether and when the position should be filled again.

What is the role of human resources department?

In management, a Human resources refers to the division of a business that is charged with finding, screening, recruiting as well as training the job applicants. The HR managers also administers employee-benefit programs.

The department of human resources HR is an essential component of any business regardless of an organization's size. The department is mainly tasked with maximizing employee productivity and protecting the company from any issues that may arise within the workforce.

In conclusion, these HR managers plays an important role in helping companies deal with a fast-changing business environment and a greater demand for quality employees in the 21st century.