When a firm charges a price for its goods and services, if this price is less than the cost of production, they will suffer losses.
The profit that a company makes is calculated as:
= Selling price - Cost of production
If the selling price is less than the cost of production, the profit will be negative. A negative profit is the same as losses. This means that if a company charges lower than this cost of production, they will incur losses.
In conclusion, companies charge above their cost of production so as not to incur losses.
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Harry is a salesperson at Lenic Technology. When demonstrating the company's new 3D printer to a prospective buyer, Harry should:
Answer:
make sure the product being demonstrated is typical of what is being reccomended
Explanation:
A consumer or producer who does not pay for use of a nonexclusive good but expects others to pay is known as a: Group of answer choices free rider. price setter. fringe element. None of these
The consumer or producer who enjoys the use of a nonexclusive good but expects others to pay is called A. a free-rider.
A free-rider usually expects others to bear the responsibility for their enjoyment or use of a public good. When many people become free-riders, market failure occurs, which is known as the free-rider syndrome.
This syndrome makes it impossible for public goods to be provided. To minimize this free-rider problem, the government or the entity providing the free service or goods should ensure that users pay.
Thus, the consumer or producer who uses a nonexclusive good but expects others to pay is a free-rider.
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the development of team roles arises from the ______ of the team, the organization, and the team members themselves.
Answer:Expectations
Explanation:
what climate and growing conditions do sugar beets and sugar cane require
Answer:
it requires a tropical or subtropical climate with a minimum of 600mm of annual
In selecting a media vehicle, media planners need to determine the cost of the vehicle's reach. To measure this, they use a method known as ______________.
Based on the Cost Per Thousand analysis, when deciding to select a media vehicle, media planners need to determine the cost of the vehicle's reach. To measure this, they use a method known as "Cost Per 1,000."
Cost Per 1,000 is a term used in the media world, particularly social media advertisement, to describe the price of 1,000 advertisement impressions on a single web page.
Cost Per 1,000 is often called cost per thousand (CPM) or called Cost per mille.
It is measured by dividing the total cost of the advertising by the quantity of impressions and times 1000. CPM => cost ÷ impressions x 1000.
Hence, in this case, it is concluded that the correct answer is Cost Per 1,000.
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The use of short-term incentives to encourage the purchase or sale of a product or service is called ________.
The use of short-term incentives to encourage the purchase or sale of a product or service is called sales promotion.
Sales promotion can be defined as the strategy of using annual incentives to attract customers so as to increase the sales of goods and services.
Most companies make use of sales promotion to increase their sales in order to generate more revenue as well as to promote their products.
Sales promotion is important as it enables companies to advertise their products or to create products awareness to customers.
Inconclusion the use of short-term incentives to encourage the purchase or sale of a product or service is called sales promotion.
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What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries? shifting consumer tastes overseas labor costs changing technologies aging populations.
Answer:c
Explanation:
A major factor in the decline of some occupations, such as those in the textiles and clothing industries is changing technologies. Thus option (C) is correct.
What is technology?Technology refers to the tools, systems, and processes that are designed and used to solve problems, improve efficiency, and facilitate communication and collaboration. It encompasses a wide range of fields and applications, from simple hand tools to advanced computer systems and software.
Technology has enabled advances in fields such as medicine, transportation, and energy, and has revolutionized industries such as entertainment, manufacturing, and finance.
The changing technologies is a major factor in the decline of some occupations, such as those in the textiles and clothing industries. Therefore, option (C) is correct.
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A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. false true
Based on the definition of a sale-on-approval contract, it is indeed TRUE that a buyer can return the goods later.
As sale-on-approval contract:
Means that the buyer receives goods but have to test it first to know if they can accept it Means that the buyer can return the goods to the seller if they do not accept the godsAfter the buyer tests the goods bought via a sale-on-approval contract, they then have the choice to keep it and pay for it or send it back to the seller.
In conclusion, a sale-on-approval contract allows a buyer to return the good at a later date.
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Explain why it is important for
entrepreneurs to talk with industry
experts when developing the new
business concepts
Explanation:
Cause they are expert in that kind of task will make thing look faster and easy to deal with while having any problems that arise on the long run of the business, experts will have a ways of making solutions to that cause they have deal with series of serious issues relating to that
When Grand Metropolitan, a British company, purchased U.S.-based Pillsbury Co. in order to expand its product line and the market for its existing consumer products, it was an example of a(n):
Companies do invest in foreign firms for profits. It was an example of a Foreign direct investments.
Foreign direct investments (FDI) are commonly referred to as substantial investments that company do engage into a foreign way.
It is known to be a stage of cross-border investment where investor resident in one economy set up a long interest in and a good extent of influence over an enterprise resident in another economy.
It often help the economic problems of developing countries and also boast forward internal policy reforms.
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which chart type is ideal for visualizing financial data such as a p&l?
The chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a: bar chart.
A profit and loss (P&L) statement can be defined as a financial report that provides a summarized information of the following financial data about a business firm:
Total revenues.Expenses.Profit.Loss.Hence, a profit and loss (P&L) statement gives an insight to investors on how a business firm is operating and whether or not it has the ability to generate profits at the end of a business year.
Typically, the chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a bar chart because each rectangular bar can be used to represent the finance or revenue (cash inflow) of the business firm.
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A taxpayer's most advantageous tax benefit is A) a tax deduction. B) a depletion allowance. C) a tax credit. D) straight-line depreciation.
Answer:
D) a tax credit.
Explanation:
Explain traditional, local and surplus production
Although marketing strategy requires a good marketing mix, on which element of the mix is the Microsoft case focused?
Based on marketing strategy analysis, the excellent marketing mix that the Microsoft case focused on is Price.
This is because it has been observed that Microsoft generally sets the price of their products based on the cost of their competitors and the demand of the consumer.
This was evident when Microsoft set the price of their Windows OS at a premium rate due to its increased demands.
The other elements of marketing mix aside from Price include the following:
ProductPlacePromotionHence, in this case, it is concluded that the correct answer is "Price."
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A feature of corporate bonds is that they a. have residual claims to assets after common stock. b. represent ownership in a firm. c. pay dividends. d. pay interest until maturity. e. carry voting rights.
Answer:
D- Pay interest untill maturity
The feature of a corporate bond is represented through option d, that is, it pays interest until maturity.
Corporate bonds are raised by corporations with the intention of acquiring funds for business projects or activities by selling it to investors. These bonds are characterized by their face value and contain maturity as well as interest paying dates.
Therefore, the interest is given to investors semi-annually till the date the bond has been issued or maturity.
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The ___________________ is the institution designed to control the quantity of money in the economy and also to oversee the___________________
Based on macroeconomic theory and financial regulations policies, the Central Bank is the institution designed to control the quantity of money in the economy and oversee the "safety and stability of the banking system."
Central Bank is crucial in the development of the nation's financial institutions and economy.
Some other roles of the Central Bank include the following:
Serving as the bank to other types of banks in the country.Central Bank is also responsible for monetary policy formulation.It also serves as the Lender of resorts.It also manages economic fluctuations.Hence, in this case, it is concluded that Centra Bank is vital in the economic development of any nation.
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Which problem can be solved by division of decimals? Danette needs 8 dozen eggs for her restaurant. How many eggs should she buy? How much money does Dawna need to fill her 11. 5 gallon gas tank if the price of gas is $3. 59 a gallon? How many more miles does Judy’s family have to drive to reach their destination if they have driven 45. 4 miles of a 123. 8 mile trip? What is Jeremy’s average if he received a total of 323. 7 points on 7 tests?.
Answer:
What is Jeremy's average if he received a total of 323.7 points on 7 tests?
Explanation:
The first question requires the multiplication of whole numbers to find how many eggs 8 dozens are.
The second question includes decimals but you have to multiply that not divide.
The third question also includes decimals but it is the subtraction of them not division.
To find the average, you need to divide the total by how many there are and those are provided in decimals so it is the fourth question.
Carlton Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $126,000. If the sales tax rate is 5%, what amount must be remitted to the state for February's sales taxes
Based on the information given the amount that must be remitted to the state for February's sales taxes is $6,000.
Using this formula
Remitted amount=[February Total receipts÷(1+Sales tax rate)]×Sales tax rate
Where:
February Total receipts=$126,000
Sales tax rate=5%
Let plug in the formula
Remitted amount=[$126,000÷(1+0.05)]×0.05
Remitted amount=($126,000÷1.05)×0.05
Remitted amount=$120,000×0.05
Remitted amount=$6,000
Inconclusion the amount that must be remitted to the state for February's sales taxes is $6,000.
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How is increasing government spending on more roads and airports a good idea/ bad idea
Answer:
Bad
Explanation:
The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand.
What factors make capital appreciation bonds (CABs) a controversial method for local governments to finance projects
The factors that make capital appreciation bonds (CABs) a controversial method for local governments to finance projects include "Local governments tend to owe investors way above the amount borrowed."
Another factor that makes capital appreciation bonds (CABs) a controversial method for local governments to finance projects is that they enable local governments to fund new projects without raising taxes.
Capital appreciation bonds (CABs) is often described as a form of municipal security whereby its interest on principal rises and compounds until maturity.
Capital appreciation bonds (CABs) allows investor earns a sole payment indicating the face value of the bond and all accrued interest.
Hence, in this case, it is concluded that Capital appreciation bonds (CABs) are a controversial method of financing projects.
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If both parties to a budget negotiation seek to expand the overall budget so that each party gets more, this is an example of which kind of negotiation strategy
The kind of negotiation strategy whereby both parties to a budget negotiation seek to expand the overall budget so that each party gets more is an example of integrative negotiation.
An integrative negotiation refers to a negotiation approach whereby both party reach a joint agreement through the creation of value for each party
Here, the value created is that the overall budget will be expanded so that each party gets more.Therefore, this type of negotiation strategy is known as integrative negotiation.
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'The failure or success of any business depends on marketing management '. Do you agree to this statement? Give your arguments.
Answer:
Yes
Explanation:
Because if the marketing managment wasn't strong the business will fail but if the marketing managment is strong preety sure it will be successful
net cash flows provided by operating activities will be ______ when using the direct method compared to the indirect method.
According to cash flow operation analysis, the net cash flows provided by operating activities will be the same when using the direct method compared to the indirect method.
Net Cash flows are used in business management to describe the profit or loss of capital in a given period.
Typically, a positive Net Cash Flows occurs when the is a surplus of cash after paying the expenses.
Hence, in this case, it is concluded that the correct answer is "the same."
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Cash flows from operating activities often shows the net amount of cash that was received or disbursed during a given period of time. Net cash flows provided by operating activities will be the same as when using the direct method compared to the indirect method.
The direct method is often use in calculating the flow that involves deducting from cash sales.Cash flow statements is simply defined as the statement that shows the cash receipts, cash payments and net changes in cash that takes place as a result of operating, investing, and financing activities in an accounting period.
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Simone is writing a cover letter to Casey Jones, and is unsure of the employer's gender. How should she address her letter? a. Dear Casey Jones: b. To Whom It May Concern: c. Dear Hiring Manager: d. Dear Mr. /Ms. Jones: Please select the best answer from the choices provided A B C D.
Answer:
a. Dear Casey Jones
Explanation:
The most polite one
Answer:
I believe it is "Dear hiring manager"
Explanation:
the lessons said so
timia needs some cash in a hurry. she owns her car outright and is considering a title loan. the lender has told timia that she could borrow $1750 for 1 month and the fee would be $140. what is the apr on timia’s loan? assume 12 equal months.
The annual percentage rate on Timia's loan can be calculated using the percentage interest formula. Hence, the APR on her loan is 96%
Recall :
Simple interest = principal × rate × time Principal = $1750Interest = $140Time = 1 month = 1/12 = 0.083333Plugging the values into the equation :
140 = 1750 × rate × 0.0833333
140 = 145.83333 × rate
Rate = 140 ÷ 145.83333
Rate = 0.96
He, the annual percentage rate on the loan is 96%
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Ace Electronics bought a new cash register for $2,500. Ace originally planned to use the cash register for 4 years and then sell it for $200. After 4 years, Ace had recorded $2,300 of depreciation. If Ace continues to use the cash register, still planning to sell it eventually for $200, then Ace should record ______.\
If he continues to use the cash register and plans to sell it eventually for $200, then Ace should record nothing because their is no additional depreciation
Here, the formula to derive total value to be depreciated is Cost - Scrap Value.
Total Value to be depreciated = $2500 - $200
Total Value to be depreciated = $2,300
Therefore, the amount of $2,300 is fully depreciated.
So, the remaining $200 is the scrap value which will be realized from the sale
Hence, there will be no need to charge any further depreciation.
Therefore, If he continues to use the cash register and plans to sell it eventually for $200, then Ace should record nothing because their is no additional depreciation.
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An) _____ is a simple project management planning tool used to break the project plan into smaller and smaller steps.
Answer:
WBS
Explanation:
Work breakdown structure
Work breakdown structure is a simple project management planning tool used to break the project plan into smaller and smaller steps.
What is the significance of WBS?Work breakdown structure helps in developing better communication by allocating tasks to the right person when a project is divided into manageable parts. It helps to make smooth operations in task allocation.
This helps in managing schedules task that should be done in priority on the project and helps timely completion of the project. This is a simple tool for project management and planning in smaller steps.
It also helps in handling or evaluating the progress of the project based on task allocation.
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the statement of cash flows provides summary information about cash
Answer: inflow and outflow
Explanation: The statement of cash flows shows where cash is coming from, the inflow and where cash is going to, the outflow. It is the last financial statement to be prepared.
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Men and women may be paid different wages under the Equal Pay Act when payment is made pursuant to a _____.
According to Equal Pay Act , when making a pursuant to seniority system;
Men and women may be paid different wages.Equal Pay Act can be regarded as an act of 1938 that prohibits sex-based wage discrimination between men and women that are working in the same organization.But in a case, where seniority system applies, the payment could be different, the women could be paid different wages.Therefore, seniority system serve as an exception under the Equal Pay Act.
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roberto really enjoys mingling at work functions, both to network for new contacts and simply to share stories with other interesting people. roberto probably scores high in:
Answer:
he made the first microscope in biology