1. The Lone Star Meat Packers' financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.
Data and Calculations:
Selling price per pound of T-bone steaks = $2.40
Split-off costs = $1.60
Profit per pound =$0.80 ($2.40 - $1.60)
6-ounce filet mignon = 0.375 pounds (6/16)
8-ounce New York cut = 0.5 pounds (8/16)
Further processing costs = $0.19
New sales prices after further processing:
Filet Mignon = $1.35 ($3.60 x 0.375)
New York cuts = $1.65 ($3.30 x 0.5)
Total price per pound = $3.00
Total cost after further processing = $1.79 ($1.60 + $0.19)
Profit per pound after further processing = $1.21 ($3.00 - $1.79)
Financial advantage from further processing = $0.41 ($1.21 - $0.80)
Thus, the financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.
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Fiat money is generally issued by A. central banks. B. private banks. C. major multinational corporations. D. brokerage firms.
Fiat money is generally issued by central banks. The answer to this question is option A.
Fiat money can be described as the currency that is issued by the government of a country. The Fiat is not a currency that is backed by gold.
The central bank of the country is the body that is responsible for this currency.
The fiat is important to the economy because it gives the federal government of the nation a better control over what is printed in the economy as money.
Paper money such as the US dollar is an example of a fiat currency.
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Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
1. Do you feel Pat's new strategy is ethical? Why or why not? Could there be any consequences with this strategy?
2. How will this new strategy impact the company/companies where the suits are purchased?
3. What journal entry/entries would the company have to record related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
When corn prices soared, hog farmers used less corn to feed their pigs. The hog farmers showed a decrease in their:
Wagner Resources was unable to meet its financial obligations. Its creditors forced it into using legal proceedings to restructure itself so that it could continue as a viable business. The process this company underwent is known as a:
Answer:
bankruptcy
Explanation:
more specifically, the company underwent chapter 11 bankruptcy. this type of bankruptcy is used when a business or organization is allowed to reorganize or restructure the company under a court-appointed trustee, all the while still remaining in operation.
The first step in pursuing your financial goals is_______. PLEASE HELP
Answer:
The first step towards realizing your financial goals is creating a realistic budget. A budget is simply a spending plan that is based on your expenses and income. A written plan helps you stay on track, day to day and month to month, for meeting your financial goals. For most students, debt is a part of life.
Explanation:
Hope this helps!
The first step towards realizing our financial goals is creating a realistic budget and evaluating our current financial situation.
What is a budget?Simply put, a budget is a spending plan based on our income and outgoings. A written plan keeps you on track to meet your financial goals on a daily and monthly basis. It is a financial plan that details expected expenses and income for a specific time period.
To assist us in achieving our financial objectives, develop a financial plan. Taking inventory of what we have and considering what we need is a good place to start. Keep track of our income and expenses. We may move forward with confidence when we know how much money we can dedicate to certain objectives each month.
Therefore, a realistic budget is the first stage of the financial planning process and it can change our financial situation.
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Wrinkles Away Inc. is entering a foreign market and is spending significant funds on educating customers about their line of wrinkle-reducing skincare products. These costs are an example of _____ costs.
The costs that Wrinkles away is spending to educate customers is what is referred to as the pioneering costs.
The pioneering costs are those costs that come up due to the fact that the foreign business is way different from what works in the home market.
As a result of this, the business firm has to spend quite an amount of its financial, time and effort resources to learn more about the market.
The business has to send its money to educate the users on the product that they have in the market.
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What does being organized in the workplace mean?
A. that an employee is good at listening
B. that an employee has good math skills
C. that an employee is reliable
D. that an employee works well with a team
If oligopoly firms decide to work together, either formally or informally, and honor the agreement then profits can be ________ by ________ output and ________ the price of goods and services. maximized; increasing; increasing maximized; increasing; increasing maximized; reducing; increasing maximized; reducing; increasing minimized; reducing; increasing
If the oligopoly firms decide to work together and honor the agreement, then, profits can be maximized by reducing output and the increasing price of goods and services.
The market of oligopoly firm is one that consists of small number of firms that have substantial influence in the particular industry.
Some oligopoly market include auto industry, air travel industry etc
Either formally or informally, If the oligopoly firms decide to work together and honor the agreement, then, profits can be maximized by reducing output and the increasing price of goods and services.
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TB MC Qu. 11-59 (Static) A limitation of the internal rate of return... A limitation of the internal rate of return method is that it:
Limitations of the internal rate of return are:
A project can have more than one internal rate of return.It fails to reflect varying levels of risk over a project's life.The internal rate of return is a capital budgeting method. It is the discount rate that equates the after-tax cash flows from an investment to the amount invested.
If the internal rate of return is greater than the required return of the project, the project should be accepted. If this is not the case, the project should be rejected.
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Which of the following is not considered a special journal?
a. cash receipts journal
Ob. general journal
c. purchases journal
d. cash payments journal
Answer:b
Explanation:
There is no such thing as a specialty magazine for a general journal. Therefore, the correct option is B.
Special journals, commonly called subsidiary journals, are used to record special types of transactions systematically and effectively. Cash receipt diary, purchases journal, and cash payment notebook are some examples of specialty journals.
These journals are created to deal with large volumes of transactions of a specific type, including cash payments, purchases or receipts. In contrast, the purpose of the general journal is to record transactions that do not fall under the precise categories covered by the special journal. It serves a more general purpose. It is often used for irregular or unusual transactions.
Therefore, the correct option is B.
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True or False: If the actual rate of inflation is 10%, the prices of goods and services increase relative to resource prices. In the short run, profit margins will increase and firms will cut back on output, which will cause layoffs, and increase unemployment.
Answer:
True
Explanation:
If Mark Allen wants to train healthcare providers in the system to communicate better with one another about patient health, which of the following would be appropriate topics for the training?
Check all that apply.
- When members of a patient’s care team experience conflict, their communication should focus on facts rather than judgments, and statements should begin with “I” rather than “you.”
- When a doctor believes a nurse may not understand the instructions for a patient, the doctor should ask the nurse questions about the patient’s care.
- People in management roles, such as physicians and nursing supervisors, should plan to spend about 75% of their time sending information and hone their speaking and writing skills accordingly.
- When one physician asks another for a second opinion, the consulted physician can make sure he understands the patient’s condition by reflecting or restating the information given.
Answer:
✔ When members of a patient’s care team experience conflict, their communication should focus on facts rather than judgments, and statements should begin with “I” rather than “you.”
✔ When a doctor believes a nurse may not understand the instructions for a patient, the doctor should ask the nurse questions about the patient’s care.
✘ People in management roles, such as physicians and nursing supervisors, should plan to spend about 75% of their time sending information and hone their speaking and writing skills accordingly.
✔ When one physician asks another for a second opinion, the consulted physician can make sure he understands the patient’s condition by reflecting or restating the information given.
The appropriate topics will be-
When members of a patient's care team disagree, they should communicate by focusing on the facts rather than making assumptions, and their sentences should start with "I" rather than "you."When a doctor suspects a nurse may not be comprehending a patient's orders, the doctor should interrogate the nurse on the patient's care.When a doctor seeks a second opinion, the second doctor can ensure that he comprehends the patient's condition by repeating or reflecting back on the information supplied.What is communication?The transfer of information is the standard definition of communication. The phrase can either be used to describe merely the message being transmitted or the area of a study looking into such transmissions.
The difference between verbal communication, which takes place through the use of language, and non-verbal communication, which includes things like gestures and facial expressions, is crucial.
Visual (via pictures and written language), as well as auditory, olfactory, tactile/haptic, electromagnetic, and biochemical forms of communication, are all possible. Communication between people uses a lot of abstract languages, which makes it special.
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Jorge knows his employees are wrestling with complex decisions, and he uses __________________ to empower them to discuss alternatives with one another until they reach consensus about the best action to take.
a. communication apprehension
b. a centralized network
c. a decentralized network
d. nonverbal communication
Answer:
c. a decentralized network
Explanation:
What are some possible effects of demonstrating prejudice toward others in a healthcare setting? Check all of the boxes that apply. o negative impact on the healing ability of a patient who is targeted by prejudice positive impact on how comfortable a patient feels positive influence on a patient's emotional health increased risk for a patient to develop additional health problems positive impression on a patient about the healthcare facility
Answer:
A) Negative impact on the healing ability of a patient who is targeted by prejudice
D) Increased risk for a patient to develop additional health problems
Explanation:
I got it wrong for you can I have brainliest?
Answer:
Person above is correct.
Explanation:
on Edge
Which of the following tactics is NOT a good way to improve your writing?
a. To have more impact on readers, write a longer memo.
b. Write without jargon and use simple words.
c. Ask someone else to read your writing before sending it out.
d. Get to the point of the memo quickly.
Answer:
To have more impact on readers, write longer memos.
Explanation:
This won't necessarily improve your writing as you may not deliver your message clearly across to your reader if you use long or wordy memos, rather a simple straight to the point memo will be more effective.
Answer:
a. To have more impact on readers, write a longer memo.
Explanation:
Since the features and functions of complex products like CRM or ERP are not easy to identify, ________ is a major task when implementing enterprise systems.
Bonds which require the face value (principal) amount to be paid back in installments over the life of the bond are called: Select one: a. callable bonds. b. term bonds. c. convertible bonds. d. secured bonds. e. serial bonds. f. unsecured bonds.
Answer:
Term bonds are bonds from a single issue that all mature on the same date. On the maturity date of term bonds, the face value (principal) must be repaid to the bondholders. Call provisions within term bonds stipulate characteristics where issuers can redeem bonds from investors prior to the maturity date.
Explanation:
hope it helps <3
Term bonds are bonds that require the face value (principal) to be paid back in installments over the bond's life. As a result, option (b) is the proper response.
What are term bonds?Term bonds are bonds that all maturity on the same date from a single issue.
The face value (principal) of term bonds must be repaid to bondholders when they reach maturity.
Issuers can repay bonds from investors prior to the maturity date under call provisions in term bonds.
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Unlimited liability for sole proprietors means that
Answer:
Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own
Suppose you use your entrepreneurial spirit and economics training to start your own business. In your first year of work, you are able to earn $58,000 in gross income. What is the total amount of social insurance taxes you owe the federal government
The total amount of social insurance taxes you owe the federal government is $3,596.
The social insurance taxes will be tax rate (6.2%) of gross income amount of $58,000 which is calculated using this formula
Social insurance taxes=Social security tax rate× Gross income
Where:
Social security tax rate=6.2%
Gross income=$58,000
Let plug in the formula
Social insurance tax=6.2%×$58,000
Social insurance tax=$3,596
Inconclusion the total amount of social insurance taxes you owe the federal government is $3,596.
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Hawley Enterprises has total assets of $387 million and total liabilities of $115 million. What is their debt to assets ratio
Answer:
The debt to asset ratio would be 29.7%
Explanation:
The debt to asset ratio is the total liabilities divided by total assets so, 115/387= 0.2971 or 29.71%
Timothy invests $2400 at time 0. He receives $700 at the end of each year for the first 3 years. He also pays $1033 at time 4 and receives $860 at times 7 and 8. Compute the yield rate of his investment.
The yield rate of Timothy's investment as decribed is; 14.52% per annum
According to the question;
Timothy invests $2400 at time 0.The return on the investment after the first 3 years provided he receives $700 at the end of each year for the first 3 years.
After first 3 years; Return = 3 × $700 = $2100.At year 4: He pays $1033 = -$1033At year 7 and 8; He receives $860 each = $860 × 2 = $1,720Therefore; the net yield on the investment after 8 years is;
$2100 - $1033 + $1,720 = $2,787
The net yield per year can then be evaluated as follows;
$2,787/8 = $348.375.The yield rate of his investment is therefore the percentage yield per annum which is evaluated as follows;
= ($348.375/$2,400) × 100%= 14.52% per annum.Read more;
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Kenji manages a company that collects fresh produce from farmers and distributes it to restaurants. His business is struggling, so he considers mixing some of the older or riper items into the boxes of newer produce. This will allow him to meet cost targets and keep the business going. Kenji is faced with an ethical dilemma.
a. True
b. False
It is true to say that Kenju faces an ethical dilemma when thinking about mixing some of the older or more mature items in the newer boxes and distributing them to restaurants as fresh produce.
An ethical dilemma can be understood as a situation in which there are two paths available for decision making, and a decision will impact your ethical standards.
Often, an ethical dilemma arises from a need, as in the example above, where Kenji's business is struggling and making an unethical decision will allow him to meet cost targets and keep the business running.
Therefore, it is necessary that when facing an ethical dilemma, the individual considers the ethical decision-making, which will always be the correct one regardless of the situation.
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3. John Legend is looking for help to modernize the inventory systems at his company, Green Light. He is looking for information on Enterprise Resource Planning (ERP) and Blockchain. Use the textbook and Internet resources to find information to help Mr. Legend. Write two to three sentences each to describe ERP and Blockchain, and how these technologies can help better manage inventories. (17 points) Mr. Legend wants to be assured that the information that you are providing is dependable. Please cite the sources you used to collect information for your responses
Enterprise Resource Planning will be vital to John Legend as it can be used to manage his inventories and other activities in his business.
It should be noted that Enterprise Resource Planning is important as it manages and integrates the business processes by using a single system. This will be important for John to manage his business.
Also, Blockchain can also help John in becoming more cost-efficient and enhance the faster delivery of products and also vital for enhancing the traceability of the product.
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do you guys know if it’s legal to buy things from ebay for let’s say 80 dollars but the real worth is like 110 or something. and i sell it for 100 and make a 20 dollar profit and keep doing that do you guys know if it’s legal or not?
This is legal and all companies do this also.
Products are manufactured at cheap rates then the stores who buy the products also mark up the products so both the manufacturer and seller makes profit.
Just properly label the item in its condition to avoid chargebacks and refunds.
a. According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the _______________ relatively low.
b. Suppose Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties. The parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights. This is an example of :
According to the Coase theorem, private parties can negotiate an efficient solution in the presence of externalities if the transaction costs are relatively low.
When Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties and the parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights, it illustrates an example of an external cost.
An external cost simply means the cost that is incurred by an individual or firm as a result of the economic transactions of another entity.
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A company's board of directors votes to declare a cash dividend of $1.45 per share of common stock. The company has 29,000 shares authorized, 24,000 issued, and 23,500 shares outstanding. The total amount of the cash dividend is:
Answer 41,050.
A company's board of directors votes to declare a cash dividend of $1.45 per share of common stock. The company has 29,000 shares authorized, 24,000 issued, and 23,500 shares outstanding. The total amount of the cash dividend is: $41,050.
DaaS is utilized for provisioning critical data on demand.
Face 2 Face Corporation reports 100 outstanding shares, 500 authorized shares, and 50 shares of treasury stock. How many shares are issued?
Based on the total number of shares in circulation, we can infer that the number of shares issued was 150 shares.
The shares issued are those that the company sold to the public out of those that were authorized to them.
To find the issued shares, use the formula:
= Shares outstanding + Treasury shares
= 100 + 50
= 150 shares
In conclusion, 150 shares were issued.
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ournalize the entries to record the following selected transactions: a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510. b. Paid $436 to the state sales tax department for taxes collected.
Answer:
Paid $436 to the state sales tax department for taxes collected
Which one Life Instinct
A. the collection of wish
B. Negative aspects
C. Positive aspects
D. Pleasure oriented
E. the manager of personality
Considering the available options, the one that is Life Instinct is "Pleasure oriented."
What is Life Instinct?Life Instinct is a term used to describe the activities of humans that are conducted towards survival.
Examples of Life InstinctSexual instinctsDrive to liveBasic instinctual impulses like thirst and hunger, etc.Hence, in this case, it is concluded that the correct answer is option D. "Pleasure oriented."
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