In this transaction, there are two accounts involved: Accounts Receivable (an asset account) and Catering Revenue (a revenue account).
What does transaction analysis mean by debit and credit?
Accounting entries called debits and credits are used to keep track of money leaving or entering a business.
In a double-entry system, where each transaction consists of two parts (a debit and a corresponding credit), debit and credit serve as the structural backbone.
Therefore, the account "Accounts Receivable" will be debited for $1,000 as the company is increasing its assets by receiving the amount owed by the customer.
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Drag each label to the correct location on the chart. Match each government action with its purpose and impact on the economy.
1. Charge a fee on airline tickets
2. Impose emissions standards for cars
3. Enforce antimonopoly laws
4. Pass worker health and safety laws
EXPLANATION
1) To increase national security, the government levies a fee on airline tickets. This increases ticket prices for consumers.
2) To ensure clean air, the government establishes emissions standards for cars. This policy is costly for companies to implement, and most companies pass this cost to consumers in the form of higher car prices.
3) To lower prices and provide more product options for consumers, the government enforces antimonopoly laws. These laws can potentially limit innovation by not allowing firms to make as much profit as possible.
4) To protect workers from harmful situations, the government passes worker health and safety laws. These laws limit how companies can use their resources. The costs to provide protective materials for employees can be passed on to consumers.
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An honest effort to meet both the spirit and letter of the contract is termed Group of answer choices reasonable circumstances. sole discretion. honest representation. good faith.
An honest effort to meet both the spirit and letter of the contract is termed, Good Faith.
What is a Good Faith?Good faith (bona fides) in human interactions refers to a real intention to be fair, transparent, and honest, regardless of how the encounter turns out. With bona fides, however, this is not the case; it is still extensively used and interchangeable with its widely-accepted contemporary English translation of "good faith," unlike certain Latin expressions that have lost their literal meaning over the years. It is a crucial idea in both law and commerce. Bad faith, mala fides (duplicity), and perfidy are the opposing ideas (pretense). Bona fides is a modern English term that is interchangeable with credentials and identification. The expression, which occasionally appears in job postings, should not be mistaken for genuine occupational requirements or the employer's good faith attempt.
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Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of return is defined as:
Expected rate of return is defined as the amount of money an individual gets on investment.
What is expected return?The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.
Therefore, expected rate of return is defined as the amount of money an individual gets on investment.
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Which term describes an environment in which data is instantly available via the internet to organizational partners?
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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What is the term for an individual or organization with a potential interest in buying something a company has to sell?
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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Discuss how the cost of capital is determined in segmented vs. Integrated capital markets?
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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Do you agree that Project Integration knowledge domain is the most important domain for project managers
Yes, the project Integration knowledge domain is the most important domain for project managers.
What is project Integration?The subject area of project integration management coordinates all components and elements of a project to guarantee successful completion and stakeholder satisfaction. It is made up of five processes: Create a project charter. Create a project management plan.The project integration area also covers project work direction and management, which is the creation of project deliverables. This process is tracked, analyzed, and reported in order to detect and control any changes or problems that may arise. Change control will also be performed.The most significant knowledge domain for project managers is project integration.So yes, the project Integration knowledge domain is the most important domain for project managers.
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Consider the impact of monetary policy over time. in the short run, __________ prices adjust. in the long run, __________ prices adjust.
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.
What is monetary policy?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.
A company's organization chart displays, among other relationships, the company's vertical hierarchy of authority. This hierarchy demonstrates
This vertical hierarchy of authority demonstrates the more traditional organizational structure.
With executives at the top, intermediate managers in the centre, and low-level managers and employees at the bottom, vertical hierarchy is commonly used by companies with a high number of people. You and other senior-level executives make all the important decisions in the vertical hierarchy and communicate those decisions to mid-level managers.
These managers create strategies for putting your decisions into action and disseminate these strategies to the low-level managers in charge of monitoring your staff while they perform their daily duties. This vertical hierarchy organizational structure includes a clear chain of command and stringent rules about how your employees can make suggestions that go to the top of your business.
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A fast-growing form of foreign direct investment is sovereign wealth funds (SWFs). Why do these investments by governments with surplus cash flows worry trade experts
The investments by governments with surplus cash flows worry trade experts as it leads to government gaining control of natural resources.
What is an investment?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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A salesperson should focus his or her sales resources on only one individual in the buying organization.​
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:
Confidence - maintaining a positive mind-set.Resilience - communicating with conviction.Active listening - expertise in the customers' desires.Rapport building - promoting your personality.Entrepreneurial spirit - chronic self-development.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 simple rate of return focuses on accounting net operating income rather than on cash flows. Group starts
Simple returns focus on accounting for net operating income, not cash flow. The simple method of revenue focuses on cash flow rather than accounting for net operating income.
A simple rate of return is calculated by subtracting the initial value of the investment from the current value and dividing it by the initial value. To output as%, multiply the result by 100.
Under the simple rate of return method, a dollar you receive 10 years later is considered to be worth the $ 1 you receive today. Therefore, the simple yield method can be misleading if the alternative cash flow patterns under consideration are different.
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Your question is incomplete. please read below to find the full content.
The Simple Rate Of Return Focuses On Accounting Net Operating Income Rather Than On Cash Flows.
A) TRUE
B) FALSE
If the average wage paid to the worker was $20 in the year 1990 and $30 in the year 2000, then the average worker in the year 2000 must have been better off in terms of purchasing power. True or false?.
True, the purchasing power of the worker increases.
What is meant by purchasing power?The worth of a currency is determined by how many products or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
When referring to investments, purchasing or buying power refers to the dollar amount of credit that a client has based on the marginal securities that are currently in their brokerage account.
So as the wages of the worker increase, therefore the purchasing power of the worker also increases. And the given statement is true.
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If you started your own company selling iphone applications, what organizational structure would you create? why?
I will create a combination of functional and project-based organizational structures. I have selected the combination due to the following rationale.
There are different types and categories of iPhone applications. So, the development of each application is a project. Accordingly, competent professionals will be used and they will move from one project to another project.Selling of applications as well as taking care of HR operational aspects of the business will require people with expertise in these functional areas also. So, getting good sales as well as HR retention is the top priority for the business.A combination of these two structures will create a mix of back end and front end without any departmental inclination. So, the company will succeed.Opting for other structures will either focus on applications or sales. But, it will be ineffective as sales will not happen without applications and applications alone cannot generate good sales without proper marketing.
Besides, there can be role confusion and conflict of interest with other organizational structure such as line only or staff only structures. Even, the selection of project-only or functional-only organizational structures will create problems and employee turnover will also increase.
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A price ceiling is a legislated price that is:________
Answer:
set above the equilibruim price
The interest charged on a $90,000 note payable, at the rate of 6%, on a 60-day note would be:________.
1) $5,400.
2) $2,700.
3) $1,350.
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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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 v
The person that owns the property is : The living twin.
What is joint tenancy ?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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Which two meta solutions enable businesses to communicate privately and instantly with customers?
The two meta solutions that enable people to communicate easily are
Face.bookWhat.sappWhat is meta?This is the term that is used to refer to the social media networks that are known by Mark Zuckerberg.
These are the solutions that are known to solve the issues of communication between friends and families over great distances.
These solutions help to make relationships better. They do this by helping to keep communications open and alive.
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Salma bought a new car by getting a loan from a bank. If she fails to pay back the loan, the bank will claim the car. In this scenario, the car represents Group of answer choices a line of credit. a lockbox collateral an account payable
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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Which of the following sets of actions are unlikely to help a company achieve a differentiation-based competitive advantage over some/many of its rivals
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.
What is Competitive advantage?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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Tyson gets his employees to sign an employment agreement which has extra contract obligations hidden in small, almost invisible type.
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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On a production possibilities curve (ppc), an improvement in the state of technology affecting all goods would signify what type of shift?
On a production possibilities curve (ppc), an improvement in the state of technology affecting all goods would signify an outward type of shift.
Production possibility curve will shift outward because with the improvement in the technology the production of two type of goods will increase.
The PPC can be used to illustrate the concepts of scarcity, opportunity cost, economic growth, inefficiency, efficiency and contractions.
It represents all the groups of two different goods that can be produced at one time.
When there will be increasing opportunity cost of production ppc will become bow shaped.
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If you are 35 years old now, your chances of experiencing a three-month or longer disability before you reach age 65 are _____percent, according to the National Association of Insurance Commissioners.
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.
What is a disability?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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Tyrell Corporation, headquartered in Indiana, and Blender Corporation, headquartered in Michigan, entered into a contract with a provision stipulating that any legal disputes will be conducted using Michigan law. This agreement is called a Multiple Choice site convenience clause. forum selection clause. state agreement clause. venue selection clause.
A contract between the Indiana-based Tyrell Corporation and the Michigan-based Blender Corporation included a clause stating that any legal problems shall be governed by Michigan law. The Multiple Choice State Agreement Clause refers to this arrangement.
What makes Michigan Law unique?In addition to its outstanding academics, Michigan Law is arguably most renowned for its welcoming and cooperative atmosphere. Despite being one of the bigger law schools, interaction between students, instructors, staff, and administrators is encouraged.
The size of Michigan Law.With 1,052,608 volumes or equivalents, Michigan Law's library is ranked as the 14th largest in the nation. When it comes to applicants that were accepted and enrolled full-time, Michigan Law has the #20 highest median undergraduate GPA (3.77).
How many laws exists in Michigan?The Model Penal Code produced by the American Law Institute is eight times smaller than the list of criminal statutes in Michigan, which totals more than 3,100.
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The Family Inventory of Life Events and Changes (FILE) measures the severity of different stressors. The most severe of all is _____.
The most severe of all is the death of a child.
What is the Family Inventory of Life Events and Changes (FILE)?
Hamilton McCubbin, Joan Patterson, and Lance Wilson (1983) developed the Family Inventory of Life Events and Changes (FILE) as an index of family stress. It assesses the accumulation of life events encountered by a family (the AA factor of the Resiliency Model). The concept of life stress has gained traction in public and scholarly journals. Stress, as defined here, is derived from two bodies of scientific literature: psychobiological stress research and family stress theory.The death of a kid is the most serious of all.As it is given in the description itself, the death of a kid is the most serious of all.
Therefore, the most severe of all is the death of a child.
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Edward wants to purchase a car. He reviewed his budget and can comfortably afford a car payment of $355 per month. He has good credit and anticipated being able to secure a 5-year loan at 3% interest. What is the maximum cost he should pay for a car to stay within his budgeted monthly amount
Based on the amount that Edward can pay per month, the maximum cost he should pay is $21,300.
What should Edward's car cost at maximum?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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Your visualization is in the form of a column chart showing annual sales by salesperson. How can you add an additional visualization to the chart to show your company's sales goal for the year?
To add an additional visualization to the chart to show your company's sales goal for the year a constant line from the Analytics tab can be applied . First option is correct.
Sales reps and teams employ sales goals, which are measurable objectives, to direct them in their daily sales efforts and assist them in making broad strategic decisions. KPIs and certain sales indicators are typically the foundation for sales targets.
Charts used for data visualization are graphical representations of data that use symbols to convey a story and help users better understand enormous amounts of data.
Thus, first option is correct.
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The above question is incomplete and the probable complete question is given below.
Your visualization is in the form of a column chart showing annual sales by salesperson. How can you add an additional visualization to the chart to show your company's sales goal for the year?
Select an answer: Add a Constant Line from the Analytics tab. Modify the X-Axis from the Formatting tab. Modify the Y-Axis from the Analytics tab. Add a Constant Line in the Formatting tab.
An investor can earn 20% on underpriced IPOs, but will lose 10% on overpriced IPOs. If he is awarded $2,000 worth of shares in an overpriced IPO, how much of the underpriced issue must he be awarded in order to gain $500 total
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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______ monitoring occurs when a company keeps tabs of competitor's activities on the web using software that automatically tracks all competitor website activities such as discounts and new products. Multiple choice question.
B. Competitive monitoring occurs when a company keeps tabs on competitors' activities on the web using software that automatically tracks all competitor website activities such as discounts and new products.
What is competitors' analytics?Competitors' analytic tools are used to gather and analyze competitor information or engage in competitive intelligence.
Some of the competitors' analytic tools include:
Competitor Intelligence AnalyticCompetitor Checker.Question Completion with Answer Options:a. Data-driven decision management
b. Competitive monitoring
c. Comparative analysis
d. Source data
Thus, when a company keeps tabs on competitors' activities on the web, it is doing b. competitive monitoring.
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cash equivalents: include 6 month certifactes of deposit, include money orders, include checking accounts
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.