1 Determine the cost recorded in the journal for the following situation;

Blazing Co. is looking for a new stove and has narrowed down their purchase to two different stoves.

Stove 1 cost 1,500

Stove 2 costs 1,700

Negotiated cost for Stove #2 1,400


They ran the numbers and decided that they want to purchase stove #1

They were able to negotiate the price on stove #1 to be $50.00 cheaper.


Cost of Stove

A salesperson should focus his or her sales resources on only one individual in the buying organization.

The statement is false.

Top 5 skills for a career in sales:

The essential duty of a salesperson is selling. This responsibility consists of assembling the prospects, offering and demonstrating the goods, inducing the prospects to shop for, taking orders, and effecting income. a salesman needs to manual the customers in buying the products they want.

Your question is incomplete. Please read below to find the missing content.

A salesperson should focus his or her sales resources on only one individual in the buying organization.

True

False

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The term for an individual or organization with a potential interest in buying something a company has to sell is customers. Customers are the individual or organisation who are interested in purchasing something that a seller has to offer.

An individual or business that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate income; without them, they would cease to exist.

In sales, trade, and economics, a customer is the person who receives an item, service, product, or idea from a seller, vendor, or supplier in exchange for money or another useful consideration. A customer is also referred to as a client, buyer, or purchaser.

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Age-specific competency offers the health care provider information and skills which include (d) Administer larger doses of medication for the geriatric population of 65 and older due to developing a tolerance for the medication.

Healthcare or health care is the improvement of health by the prevention, diagnosis, treatment, improvement, or cure of people's illnesses, illnesses, injuries, and other physical and mental disorders. Healthcare professionals and related healthcare professionals provide health care.

General Practitioner Clinic is the primary physician who treats your health and is usually a general practitioner or internist. Secondary care refers to specialists. Tertiary care refers to highly specialized equipment and care.

The basic purpose of health care is to improve the quality of life by improving health. For-profit companies focus on making monetary profits to support valuation and maintain profitability. Healthcare must focus on generating social benefits in order to fulfill its promises to society.

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The final amount in Retained Earnings after selling the three different products with different prices and historical costs is $17,000.

The difference between the selling price and its historical cost is profit.

Profit is the financial benefit realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes.

Product     Selling Price    Historical Cost    Profit

A                   $25,000          $20,000         $5,000 ($25,000 - $20,000)

B                   $20,000           $16,000         $4,000 ($20,000 - $16,000)

C                  $40,000           $32,000         $8,000 ($40,000 - $32,000)

Total            $85,000           $68,000        $17,000

Thus, the final amount in Retained Earnings after selling the three different products with different prices and historical costs is $17,000.

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The utility is not maximized since the  marginal utility gained from the fifth sandwich is greater.

In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.

In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or  the service. It computes utility once the first product is consumed (the marginal amount).

Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.

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The answer is collateral.

A valuable object is used as collateral to secure a loan.

Lenders' risk is reduced by collateral.

The lender has the right to sell the collateral if a borrower defaults on the loan in order to recover its losses.

Two examples of collateralized loans are mortgages and auto loans.

You can utilize other personal belongings, like a savings or investment account, to protect a collateralized personal loan.

The sort of loan frequently dictates the kind of collateral.

Your house serves as collateral when you take out a mortgage. If you obtain a car loan, the vehicle will serve as collateral.

Cars but only if they are fully paid off bank savings deposits, investment accounts, and other sorts of collateral are frequently accepted by lenders.

Retirement account collateral is typically not accepted.

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If the federal government received $1.2 trillion in tax dollars and only spent $1.1 trillion that year, a b. budget surplus would occur.

A budget surplus describes a situation when the budgeted revenue exceeds the budgeted expenditure.

The budget surplus implies that the federal government is spending less than it received in revenue.

Some economists have argued that budget surpluses are not good for the economy, as they may cause deflation and stagnate economic growth.

The opposite of a budget surplus is a deficit.  When a budget deficit occurs, government spending exceeds revenues, causing the government to borrow money in order to fund the year's expenditure.

Thus, if the revenue from taxation is $1.2 trillion while the expenditure is $1.1 trillion in a year, a b. budget surplus would occur.

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a. budget deficit

b. budget surplus

c. balance budget

(C) Failure to conduct a competitor analysis is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi.

Therefore, (C) Failure to conduct a competitor analysis is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi.

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Complete question:

Which of the following is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi?

a. Poor business practices

b. Failure to support its customers

c. Failure to conduct a competitor analysis

d. Poor product selection

When something is evaluated according to valuation this is called finding the value on an ad valorem basis.

What are the 3 approaches to value?

Three Approaches to Value

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Cash Equivalents are short-term, highly liquid investment assets.

What are cash equivalents?

Equivalents to cash investments that have a limited time horizon are very liquid and have low loss potential. No distinction between amounts held in cash-equivalent investments and quantities held in cash in the form of currency or bank account balances.

What do cash equivalents include?

Bank accounts and marketable securities like commercial paper and short-term government bonds are examples of cash equivalents. The maturities of cash equivalents should be three months or fewer.

Is money order a cash equivalent?

Remember that money orders are monetary instruments that are treated the same as cash when you get one. Keep them secure or use them as soon as you can.

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The correct question is:

Cash equivalents:

Multiple Choice

Are short-term, highly liquid investment assets.

Include 6-month certificates of deposit.

Include checking accounts.

Are recorded in petty cash.

Include money orders.

Intermediary use of a broker-dealer.

A broker-dealer (B-D) is a person or company who trades securities for their own account or on behalf of their clients. Since the majority of stock brokerages function as both agents and principals, the term "broker-dealer" is used to define them in terms of U.S. securities laws.

The most well-known broker-dealers include TD Ameritrade, E-Trade, and Charles-Schwab. While E-Trade and TD Ameritrade are essentially online brokerage firms, others of these, like Charles-Schwab, are comprehensive financial services companies.

Crowdfunding is the practice of using modest sums of money from a large number of people to finance a new business endeavor. Depending on the nature of crowd sourcing, investors receive perks like shares in the company that raised the money or donate money voluntarily.

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When managers become personally involved in developing public policy, the firm is at aggressive organizational involvement.

Workplace aggression is a particular kind of aggressiveness that takes place there. Aggression in the workplace can take many different forms, from verbal acts (such as criticizing someone or spreading rumors) to physical assaults (e.g., punching or slapping).

Workplace aggression can affect a person's capacity to perform their job properly, result in physical deterioration and mental health issues, and alter how they behave at home and in public. When someone exhibits aggression at work, there may be a rise in lost days (absences), and some others may decide to leave their jobs.

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An important driver of organizational change is the influential power, which means that leaders continually encourage employees to seek higher standards or best practices.

It is a characteristic related to organizational leadership, that is, the leader is responsible for driving organizational change through his own example and behaviors, which when positive, will reflect the behavior of employees, helping to motivate, productivity and create a favorable culture to development.

Therefore, it is essential that the leader drives organizational change through compliance with ethics, objective and direct communication and assistance to the needs of employees.

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The investments by governments with surplus cash flows worry trade experts as it leads to government gaining control of natural resources.

It should be noted that an investment simply means a way to creating further revenue by the investor.

In this case, the investments by governments with surplus cash flows worry trade experts as it leads to government gaining control of natural resources.

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In segmented capital markets, the cost of capital is essentially determined by the domestic systemic risk of a security.

In integrated capital markets, on the other hand, the cost of capital is determined by the global systemic risk of securities, regardless of nationality.

The capital market is a financial market that buys and sells long-term debt securities or stock-backed securities, as opposed to a money market that buys and sells short-term debt securities.

Examples of highly organized capital markets are the New York Stock Exchange, the US Stock Exchange, the London Stock Exchange, and NASDAQ. Instead of trading on an organized stock exchange, securities can also be traded "over-the-counter".

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If fetneh makes two copies of the same check for the offers to be presented to the respective sellers. No, it is not appropriate.

A salesperson can be defined as someone whose responsibility is to market product to buyer so as to boost sales.

Hence, it is not appropriate based on the fact each offer have to be accompanied by each earnest money funds.

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Answer:

set above the equilibruim price

Based on the amount that Edward can pay per month, the maximum cost he should pay is $21,300.

The maximum amount that Edward can spend i:

= Month payment x Number of years x Number of months in year

Solving gives:

= 355 x 5 x 12

= $21,300

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The Real time  term describes an environment in which data is instantly available via the internet to organizational partners. Because of the speed of today's processing systems, traditional data warehousing can now operate in real-time. As a result, real-time business intelligence is produced. Business transactions are fed into a real-time BI system, which keeps track of the enterprise's current state.

The Real time system not only supports the traditional strategic functions of data warehousing for gaining information and knowledge from past environment activity, but it also provides real-time tactical support to drive enterprise actions that respond to events as they happen.

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Based on the percentage of readers who own a particular make of the car and the random sample, we can infer that there is sufficient evidence at a 0.02 level to support the executive claim.

The hypothesis is:

Null hypothesis : P = 0.55

Alternate hypothesis : P ≠ 0.55

We then need to find the test statistic:

= (Probability found by marketing executive - Probability from publisher) / √( (Probability from publisher x (1 - Probability from publisher))/ number of people sampled

= (0.46 - 0.55) / √(( 0.55 x ( 1 - 0.55)) / 200

= -2.56

Using this z value as the test statistic, perform a two-tailed test to show:

= P( Z < -2.56) + P(Z > 2.56)

= 0.0052 + 0.0052

= 0.0104

The p-value is 0.0104 which is less than the significance level of 0.02. This means that we reject the null hypothesis.

The Marketing executive was correct.

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The person that owns the property is : The living twin.

Joint tenancy can be defined as the process in which two or more people jointly own a property.

Hence,  the  living twin owns the property based on the fact that in joint tenancy If one of the  owner dies the property will be giving to the remaining owner which means that you  cannot give the property to another person in your will.

The complete question is:

A property owner owned a tract of commercial property that he conveyed in joint tenancy to his twin sons as a birthday present. Unfortunately, a few years after the conveyance, the property owner and his sons had a serious falling out over how to run the family business. The property owner no longer wished the sons to control valuable commercial property, and so he demanded that they return the deed with which he conveyed the property to them. The sons returned the deed, and the property owner destroyed it. A few months later, one of the twins learned that he was seriously ill and not likely to live much longer. He executed a quitclaim deed conveying "any interest I have in the commercial property conveyed to me and my brother from my father" to his daughter. The twin who conveyed the property subsequently died.

Who owns the property?

A. The living twin.

B. The property owner.

C. The living twin and the deceased twin's daughter as tenants in common.

D. The living twin and the deceased twin's daughter as joint tenants.

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Employment settlement has more contract obligations hidden in small, almost invisible types.

This agreement lays down the phases of employment, agreed upon by way of the organization and worker. whether said explicitly within the settlement or now not, each worker and the agency have the responsibility of mutual self-assurance and accept as true with, and to make the most effective lawful, and affordable demands on every different.

Employment, generally encompasses task responsibilities, work hours, get dressed code, time off the job, and beginning revenue. they may additionally consist of advantages along with medical insurance, lifestyles insurance, and retirement plans.

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The interest charged on a $90,000 note payable, at the rate of 6%, on a 60-day note would be $900.

Use 360 days for calculation.

$90000 × 0.06 × 60/360 = $900

(Face val. × 6% × 60/360)

Interest payable is a liability account, shown on a company's balance sheet, showing interest expenses accrued to date but  not yet paid at the balance sheet date. In short, it represents the amount of interest currently payable to the lender.

A promissory note  is a written promissory note. Under this arrangement, the borrower receives a specific amount of money from the lender and promises to repay it  with interest within a predetermined period of time.

The interest rate can be fixed for the life of the note or vary according to the interest rate that lenders charge their best customers (known as the prime rate). This is different from a credit account, where there is no promissory note or interest  to be paid (although there may be a penalty  if payment is made after a specified due date).

Follow these steps to calculate interest payable for your organization:

1. Determine payables

2. Convert your interest  to  decimal

3. Determine  time to calculate

4.Find your recurring interest rate

5. Calculate  interest payable

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Local traders (i.e. personnel, retail traders, and nearby establishments) obtain around 60% of the stocks. apparently, allocation to nearby investors is bigger in services from non-public organizations than in privatizations, each for the overall, IPO and SEO pattern.

Following an IPO, the employer's stocks are traded on a stock trade. a number of the principle motivations for assigning an IPO include: raising capital from the sale of the stocks, offering liquidity to enterprise founders and early traders, and taking advantage of a better valuation.

An IPO can be underpriced if its sponsors are definitely unsure approximately the reception that the inventory will receive. in the end, in the worst case, the stock price will immediately climb to the price that traders remember that it's worth. traders inclined to take a chance on a new issue are rewarded.

Overpricing the IPO can result in a speedy fall in expenses, even though the better rate blessings the underwriting bank issuing the inventory because it only makes cash at the initial trouble. companies have other methods they could pass public, including an instantaneous list or a right-away public presentation.

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The average Black American household when compared to the average income of a White American household has less than 15% of it.

On average, it is said that White American families earn about $142,500 while the average Black family earns $24,100.

This means that the Black family has less than 15% of the income that White American families pull in every year.

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The aggregate demand curve shows a relationship between aggregate price level and demand at the given spending growth.

Demand is explained as the requirement of a certain product in the market, usually this demand is varied if the prices are changed and the demand also is impacted by the supply.

If the prices are high it is highly likely that the demand of that product will reduce if the product is not a necessity.

If the prices are lower the demand for the product will increase.

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Consider the impact of monetary policy over time. In the short run, some prices adjust. In the long run, all prices adjust. This is further explained below.

Generally, Controlling both the amount of money that is circulating in an economy and the routes through which new money is created is what we mean when we talk about monetary policy. The approach to monetary policy is influenced by a variety of economic variables, including the gross domestic product (GDP), the rate of inflation, and the growth rates of certain industries and sectors.

In conclusion, Take into consideration the effects that monetary policy has had throughout time. Some pricing is subject to adjustments in the short term. Over time, market prices will reach their equilibrium.

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Consider the impact of monetary policy over time. in the short run, ____Some______ prices adjust. in the long run, ____All______ prices adjust.

All of the options will be omitted while measuring the GDP

Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.

The total amount of money spent during a specific time period by firms, consumers, and the government may be used to compute GDP. It may also be determined by adding up the total amount of money that each economic participant has received. The figure represents an estimate of "nominal GDP" under both scenarios.

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The sets of actions that are unlikely to help a company achieve a differentiation-based competitive advantage over some/many of its rivals is:  Actions to achieve an S/Q rating of 7-stars or higher in all four geographic regions, actions to spend above-average amounts for advertising in all four geographic regions, and actions to offer a minimum of 350 models/styles in all four geographic regions.

Competitive advantage can be defined s the way a company or an organization manufacture or  produce goods that are less costly and of good quality than their competitors or rivals.

Hence, The sets of actions that are unlikely to help a company achieve a differentiation-based competitive advantage over some/many of its rivals is:  Actions to achieve an S/Q rating of 7-stars or higher in all four geographic regions, actions to spend above-average amounts for advertising in all four geographic regions, and actions to offer a minimum of 350 models/styles in all four geographic regions.

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your chances of experiencing a three-month or longer disability before you reach age 65 are 50 percent, according to the National Association of Insurance Commissioners.

This is the term that is used to refer to the conditions that a person may be in which could hinder them from carrying out certain activities.

The disability is known to rise based on age. A person of 65 is said to have about 50 percent.

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