The amount to be paid in full settlement of each of the invoices after considering returns and allowances and within the discount period is $2,119.50
Invoice 1:
Merchandise cost: $2,500
Freight: $375 (15% of $2,500)
Subtotal: $2,875
Less: Returns and allowances: $520
Net amount: $2,355
Discount (1/10): $235.50
Amount to be paid: $2,119.50
Invoice 2:
Merchandise cost: $7,600
Freight: $0 (FOB destination)
Subtotal: $7,600
Less: Returns and allowances: $800
Net amount: $6,800
Discount (30): $2,040
Amount to be paid: $4,760
Invoice 3:
Merchandise cost: $1,400
Freight: $77 (55% of $1,400)
Subtotal: $1,477
Less: Returns and allowances: $600
Net amount: $877
Discount (2/10): $175.40
Amount to be paid: $701.60
Invoice 4:
Merchandise cost: $500
Freight: $0 (FOB destination)
Subtotal: $500
Less: Returns and allowances: $0
Net amount: $500
Discount (1/10): $50
Amount to be paid: $450
The total amount to be paid in full settlement of all invoices after considering returns and allowances and within the discount period is:
$2,119.50 + $4,760 + $701.60 + $450 = $8,031.10
The terms of each invoice refer to the discount offered for early payment. The first number represents the discount percentage and the second number represents the number of days within which the payment must be made to avail the discount. For example, 1/10 means a discount of 1% if paid within 10 days.
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what are the advantages and disadvantages of common stocks
Advantages:
You can invest in companies with limited liability. Common stocks offer a higher earning potential. You can easily purchase common stock on virtually any trading platform. Common stocks can provide dividends. You’ll get to take advantage of a growing economy.Disadvantages:
You are the last person to get paid during a company liquidation. You don’t have much control over your investment. Companies are not required to pay dividends on common stocks. It can take time to generate significant gains. You will face high levels of professional competition when investing in common stocks.Hopes this helps :)
name some differences between the requirements and responsibilities between volunteer,intern, and paid jobs
Answer:
The major difference between job shadowing and an internship is that you perform more duties as an intern than as a job shadow participant. Interns are hired for temporary positions, and they can be paid or unpaid. When you have. a job you are bing paid and normally have more responsibilities.
design of a new application for an existing database or design of a brand new database starts off with a phase called
The initial phase when designing a new application for an existing database or designing a brand new database is called requirement gathering. Here option B is the correct answer.
This phase involves gathering information about the project's objectives, functionalities, and user requirements. It is a crucial step that lays the foundation for the entire design and development process.
During the requirement-gathering phase, the project team interacts with stakeholders, such as end users, managers, and technical experts, to understand their needs and expectations. This may involve conducting interviews, surveys, workshops, or studying existing documentation. The aim is to identify the key features, functionalities, and constraints that the application or database should fulfill.
The gathered requirements serve as a basis for making informed decisions regarding the system's design, architecture, and implementation. They help in defining the scope of the project, identify potential risks and challenges, and align the development process with the stakeholders' expectations.
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Complete question:
What is the initial phase called when designing a new application for an existing database or designing a brand new database?
A) Data Analysis
B) Requirement Gathering
C) Conceptual Design
D) Implementation Planning
tb mc qu. 4-70 (algo) on january 1, the sleepy monk coffee... on january 1, the sleepy monk coffee shop paid $30,000 for a full year of rent beginning on january 1. the rent payment was appropriately recorded in the cash and prepaid rent accounts. if financial statements are prepared on january 31, the journal entry to record the adjustment would be:
The journal entry to record the adjustment would be Prepaid rent to rent expense is an entry that reflects the decreasing prepaid rent account balance and the increasing rent expense account balance.
It's worth noting that the rent payment has already been recorded in the prepaid rent account on January 1st. As a result, the entry to record the adjustment on January 31 would be the following:Debit Rent expense for $2,500Credit Prepaid rent for $2,500
Journal entry refers to the recording of a business transaction in an accounting system. It is essential to note that transactions are entered in a journal as they occur.The prepaid rent is a current asset that shows how much rent has been paid in advance for future use.
It is the payment made before the use of the rented property or asset. When rent is paid in advance, it is recorded in the prepaid rent account, which is classified as a current asset on the balance sheet. When the rent is used up or paid off, the prepaid rent account balance decreases, and rent expense account balance increases.
Therefore, to adjust for the rent expense incurred for the month, the prepaid rent account is reduced, and the rent expense account is increased.
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Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
six risks in business multi -million bus.. plzzz!!!!!!!!!!!!!????????
Which of the following is true if you are making all of your payments ON TIME? A. You will have many payments, and your credit score will drop. B. You will only have a few payments, and your credit score will remain the same. C. You will have many payments, and your credit score will rise. D. You will only have a few payments, and your credit score will drop.
Answer:
d. You will only have a few payments, and your credit score will drop.
Explanation:
A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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Average total assets for wells fargo was quite high as of december 31, 2013. use the data from december 31, 2013, to explain whether this bank was a high- or low-performance bank compared with peers.
To determine if Wells Fargo was a high- or low-performance bank compared to its peers, we would need more information than just the average total assets. Factors such as return on assets, profitability ratios, and other financial indicators would need to be considered. Therefore, it is not possible to determine the bank's performance solely based on the average total assets as of December 31, 2013.
To determine whether Wells Fargo was a high- or low-performance bank compared to its peers based on the average total assets as of December 31, 2013, we would need additional information about the average total assets of its peer banks during the same period. Without that information, it is difficult to make a conclusive assessment.
However, in general, a high average total asset value can indicate that Wells Fargo was a large and prominent bank in terms of its size and market presence. A large asset base can provide several advantages, such as increased lending capacity, higher revenue potential, and better economies of scale. These factors can contribute to a bank's overall performance and competitiveness.
To evaluate Wells Fargo's performance accurately, it is important to consider other financial indicators, such as profitability ratios (e.g., return on assets, return on equity), efficiency ratios (e.g., expense ratio, efficiency ratio), and credit quality measures (e.g., non-performing loan ratio). By analyzing these metrics alongside the average total assets, a more comprehensive assessment of Wells Fargo's performance relative to its peers can be made.
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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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the need for safety stocks can be reduced by an operations strategy which:
The need for safety stocks can be reduced by an operations strategy which minimizes uncertainties and variability in the supply chain.
By improving forecasting accuracy, implementing efficient production planning and scheduling, and establishing reliable supplier relationships, the operations strategy can help reduce the risk of stockouts and disruptions in the supply chain. It can also involve implementing just-in-time (JIT) manufacturing or lean principles to streamline production processes and minimize inventory levels.
Furthermore, the use of advanced technologies, such as real-time data monitoring and analytics, can enhance visibility and enable proactive decision-making to mitigate supply chain risks.
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Problem 3-46 (LO. 1, 3, 7) Paige, age 17, is a dependent of her parents. Her parents report taxable income of $120,000 on their joint return (no qualified dividends or capital gains). During 2022, Paige earned $3,900 pet sitting and $4,300 in interest on a savings account. Click here to access the 2022 tax rate schedule. What are Paige's taxable income and tax liability for 2022? a. Paige's total taxable income is $fill in the blank 1 . b. Paige's tax liability is $
Paige's final tax liability for 2022 will be :
Tax liability = 767.50 - 990
Tax liability = -222.50
Paige has no tax liability, and her parents will be eligible for a refund of 222.50.
Paige's total taxable income is 20,100.
Paige's tax liability is 1,757.50. Paige's total taxable income for 2022 Paige's earnings from pet sitting = 3,900
Paige's interest income from savings account = 4,300
Total Earnings = 8,200
Paige is a dependent, so her standard deduction is 1,100.
Taxable Income = Total earnings – Standard deduction
Taxable Income = 8,200 - 1,100
Taxable Income = 7,100 + 13,000 (Paige's parents' taxable income)
Taxable Income = 20,100
Therefore, Paige's total taxable income for 2022 is 20,100.
Paige is eligible for a $500 Credit for Other Dependents. Therefore, her final tax liability will be:Tax liability = $2,010 - $500= $1,510As her taxable income falls within the 10% tax bracket, Paige's tax liability is $1,510. However, Paige is also eligible for a $247.50 Child Tax Credit.
Therefore, her final tax liability will be:
Tax liability =1,510 - 247.50
Tax liability = 1,262.50
Paige's tax liability is 1,262.50. However, Paige is eligible for an additional 495 American Opportunity Credit, which reduces her tax liability further. Therefore, her final tax liability will be:
Tax liability = 1,262.50 - 495
Tax liability = 767.50
However, as Paige's parents have already paid 990 of estimated taxes on their joint return, Paige's tax liability will be reduced by this amount.
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Having a product or service that is faster, cheaper and better is not enough to make it compelling. (True/False)
The given statement "Having a product or service that is faster, cheaper and better is not enough to make it compelling" is true because there are many other factors which play a important role for example customer requirements, preferences etc.".
Other factors such as customer needs, preferences, and emotions also play a significant role.
In determining the appeal of a product or service.
For example, a product that is faster and cheaper but is difficult to use or doesn't meet the needs of the customer may not be compelling.
Similarly, a product that is slower and more expensive .
But provides an emotional connection or solves a unique problem for the customer may be more compelling.
This implies, it is essential to consider all these factors.
And create a comprehensive value proposition that goes beyond just being faster, cheaper, and better.
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write any five higher level profession
Answer:
Computer programming(NASA)
Physician
Statistics
Data scientist
Physiology
Jane Moffat has just graduated with $45,000 of student loan debt. She has started to work for an entry-level accounting position at ABC Company Limited where she does not have much authority and all of her work has to be reviewed by her supervisor, and then the manager. Jane is a very honest person. Which of the following is true about Jane? a. Jane has a high amount of situational pressure, low opportunity to commit fraud, and has high personal integrity. b. Jane has a high amount of situational pressure, a high opportunity to commit fraud, and has high personal integrity. c. Jane has a low amount of situational pressure, a low opportunity to commit fraud, and low personal integrity. d. Jane has a low amount of situational pressure, a high opportunity to commit fraud and high personal integrity.
The correct answer is a. Jane has a high amount of situational pressure, low opportunity to commit fraud, and has high personal integrity.
Jane Moffat has just graduated with $45,000 of student loan debt, which means she has a high amount of situational pressure to pay off her debt. However, she has started to work for an entry-level accounting position at ABC Company Limited where she does not have much authority and all of her work has to be reviewed by her supervisor, and then the manager. This means she has a low opportunity to commit fraud because she is constantly being monitored and does not have the authority to make significant decisions.
Finally, Jane is a very honest person, which means she has high personal integrity and is less likely to commit fraud. Therefore, the correct answer is a. Jane has a high amount of situational pressure, low opportunity to commit fraud, and has high personal integrity.
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Harold Hawkins bought a home for $320,000. He made a down payment of $45,000; the balance will be paid off over 30 years at a 6.775% rate of interest. How much will Harold's monthly payments be
Harold's monthly mortgage payment will be $1,786.45. This amount includes principal and interest and will remain fixed over the 30-year term of the loan. Harold Hawkins purchased a home for $320,000, and he made a down payment of $45,000.
Harold Hawkins purchased a home for $320,000, and he made a down payment of $45,000. This leaves him with a balance of $275,000. He plans to pay off this balance over 30 years at a 6.775% interest rate.
To calculate the monthly payment, we can use the formula for a fixed-rate mortgage payment:
P = L[c(1 + c)^n]/[(1 + c)^n - 1]
Where:
P = monthly payment
L = loan amount ($275,000)
c = monthly interest rate (6.775%/12 = 0.56458%)
n = number of payments (30 years x 12 months = 360)
Plugging these values into the formula, we get:
P = 275,000[0.0056458(1+0.0056458)^360]/[(1+0.0056458)^360 - 1]
P = $1,786.45 (rounded to the nearest cent)
Therefore, Harold's monthly mortgage payment will be $1,786.45. This amount includes principal and interest and will remain fixed over the 30-year term of the loan.
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How much total interest will he pay over the course of the mortgage?
China has had some success using capitalist principles, although the government runs the businesses, in a system called:
which of these describe groups or pairs of projects where you can accept one but not all?
a. Mutually exclusive.b. Normal.c. Independent.d. Contingent.
D: Contingent groups or pairs of projects describe where you can accept one but not all.
What are Contingent Groups or Pairs of Projects?
In terms of business, contingent groups or pairs of projects refer to those projects whose rejection and acceptance totally depend on the acceptance of the contingency or dependency on another project's rejection and acceptance.
Therefore, in conclusion, it is said that contingent pairs or groups of projects are such pairs of projects where it is permitted to select one project but not all.
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Starting from the short-run equilibrium, the following occurs: wage rates rise. What will be the effect on the Real GDP, price level, and unemployment rate in short- run? A) Real GDP falls, price level rises, and unemployment falls, B) Real GDP rises, price level falls, and unemployment falls, C) Real GDP rises, price level falls, and unemployment falls, D) Real GDP falls, price level rises, and unemployment rises. Starting from the short-run equilibrium, the following occurs: interest rate decreases. What will be the effect on the Real GDP, price level and unemployment in the short-run? A) Real GDP rises, price level falls, and unemployment rises, B) Real GDP rises, price level rises, and unemployment falls, C) Real GDP falls, the price level falls, and unemployment rises, D) Real GDP falls, price level rises, and unemployment rises. The increase in taxes enacted in the early 1990 s to eliminate the U.S. budget deficit most likely: A) shifted the AD curve to the left. B) shifted the AD curve to the right. C) made the AD curve flatter. D) made the AD curve steeper.
1. When wage rates rise in the short run, the effect on Real GDP, price level, and the unemployment rate depends on the specific circumstances. The correct answer cannot be determined without further information.
2. When the interest rate decreases in the short run, the effect on Real GDP, price level, and unemployment also depends on other factors. The correct answer cannot be determined without additional information.
3. The increase in taxes enacted in the early 1990s to eliminate the U.S. budget deficit most likely shifted the AD curve to the left.
1. When wage rates rise in the short run, the impact on Real GDP, the price level, and the unemployment rate depends on the magnitude of the wage increase, the elasticity of labor demand, and other factors. It is not possible to determine the exact outcome without more information. The correct answer cannot be determined based solely on the information provided.
2. Similarly, when the interest rate decreases in the short run, the effect on Real GDP, the price level, and unemployment depends on various factors such as the responsiveness of investment and consumption to interest rate changes, fiscal policy actions, and other economic conditions. Without further information, it is not possible to determine the specific outcome.
3. The increase in taxes enacted in the early 1990s to eliminate the U.S. budget deficit most likely shifted the Aggregate Demand (AD) curve to the left. Higher taxes reduce disposable income, leading to lower consumption and investment, which decreases aggregate demand. As a result, the AD curve shifts to the left, causing a decrease in Real GDP and potentially higher unemployment. The correct answer is A) shifted the AD curve to the left.
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HELP PLEASE, I WILL GIVE BRAINLIEST!!
Select the qualification that is best demonstrated in each example.
*Judy is a Veterinarian who lifts animals onto her examination table ________
*Isaac is an Aquacultural Manager who trains and oversees workers ________
*Felix is a Zoologist who studies goats and carefully records information in his notes about them _________
options:
-For Judy: problem-solving skills, physical strength, teaching skills, and communication skills
-For Isaac: attention to detail, problem-solving skills, organizational skills, and leadership skills
-For Felix: teamwork, attention to detail, teaching skills, and flexibility
Answer:
1. Physical strength
2. Leadership skills
3. Attention to detail
Have a good day!!
Answer:
✔leadership skills
✔ physical strength
✔ attention to detail
Explan ation:
Although Olive Garden, Magglano's Little ltaly, and Bertucci's all strive to provide good Italian food and service to their respective target markets, the difference in their choice of target market, design of their marketing mix, and the basis of their competitive advantage is directly related to their own: a. competitive focus. b. consumer franchise. c. market leadership. d. marketing strategy. e. compethive direction.
Answer:
d. marketing strategy.
Explanation:
Each of the restaurants you mentioned, Olive Garden, Maggliano's Little Italy, and Bertucci's, have different target markets and marketing strategies. For example, Olive Garden targets families with its casual dining atmosphere and large menu options, while Maggliano's Little Italy focuses on providing a more upscale and authentic Italian dining experience. Bertucci's, on the other hand, may target a more casual and budget-conscious market. The design of their marketing mix, including their menu options, pricing, and promotions, will also be tailored to their specific target market. Additionally, the basis of their competitive advantage, such as the quality of their food and service, may vary between the restaurants, and is directly related to their own marketing strategy.
A. take a nap after lunch b. get at least nine hours of sleep per night c. eat/drink more dairy d. eat more protein e. take a walk after lunch
Taking a 15-minute walk after lunch boosts alertness and energy levels, as shown by a study in "Appetite" journal. Thus, the answer is E. take a walk after lunch.
The other options are good ways to avoid post-lunch fatigue, but taking a walk after lunch is specifically shown to improve alertness and energy levels. A study published in the journal "Appetite" found that people who took a 15-minute walk after lunch had significantly higher alertness levels than those who did not walk.
The reason why taking a walk after lunch can help to avoid post-lunch fatigue is that it helps to improve circulation and blood flow to the brain. When you eat, your body diverts blood flow to your digestive system to help with digestion. This can lead to a temporary decrease in blood flow to the brain, which can cause you to feel tired. Taking a walk after lunch helps to get blood flowing back to the brain, which can help to improve alertness and energy levels.
In addition to taking a walk, here are some other tips for avoiding post-lunch fatigue:
* Get enough sleep at night.
* Eat a healthy lunch that includes protein and complex carbohydrates.
* Avoid sugary drinks and processed foods.
* Stay hydrated.
* Get regular exercise.
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Complete question is here:
Which of the following is the most effective way to avoid post-lunch fatigue?
A. take a nap after lunch
B. get at least nine hours of sleep per night
C. eat/drink more dairy
D. eat more protein
E. take a walk after lunch
The answer is E. take a walk after lunch.
Mark and martha have normal weights for their age and height. if martha is like most women, her basal metabolic rate is: identical to mark's. higher than mark's. lower than mark's.
Mark and Martha have normal weights for their age and height. if Martha is like most women, her basal metabolic rate is: identical to mark's. higher than mark's option(c) i.e, lower than mark's.
The rate at which endothermic creatures burn energy per unit of time while at rest is known as the basal metabolic rate. It is expressed in watts, milliliters of oxygen per minute, or joules per hour per kilogram of body mass, or J/. A stringent set of requirements must be met for proper measurement.
A typical man's BMR is about 7,100 kJ per day, whereas a typical woman's BMR is about 5,900 kJ per day. Although energy use is constant, the rate changes during the day. Early in the morning is often when energy use is lowest.
The percentage of muscle mass, fat mass, and activity level that is expended each day account for about 90% of it. Although women's metabolisms do tend to be slower than men's, this tendency is mostly due to differences in body size and muscle mass, not gender. Someone who has more muscle and less fat is likely to have a healthier metabolism.
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Today's forecast equals yesterday's actual demand" is referred as A. a moving average O B. exponential smoothing ° C. the naive approach. O D. the Delphi method
The naive approach assumes that the future demand for a product will be equal to the demand for the same product in the previous period.
The naive approach is a simple forecasting technique that is widely used in business and economics. It is based on the idea that past demand is a good predictor of future demand, and therefore assumes that the future demand for a product will be the same as the demand for the same product in the previous period. Although this method is easy to use, it can be inaccurate if there are significant changes in the market or external factors that affect demand. Therefore, it is often used as a starting point for more complex forecasting methods that take into account a wider range of factors that can influence demand.
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The naive approach is a simple forecast technique where today's forecast equals yesterday's demand. This is typically used as a basis for more sophisticated forecast techniques, or when data availability or predictability are low.
Explanation:The approach in which
today's forecast equals yesterday's actual demand
is referred to as the
naive approach
in forecasting. This approach is often used as a starting point for other forecast techniques, or when no other data is available or predictions are highly uncertain. Its simplicity lies in the assumption that the best predictor of what happens tomorrow is what happened today. However, it may not always be accurate, since it doesn't contemplate any change or trends in demand patterns.
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redit sales and collections were $327,000 and $310,000, respectively, and $1,780 in accounts receivable were written off.
Credit sales refer to the amount of revenue generated by a company through the sale of its goods or services on credit, whereas collections refer to the actual amount of money collected from customers for those credit sales. In this case, the company had credit sales of $327,000 and collections of $310,000, indicating that some customers had not yet paid their outstanding balances.
The fact that $1,780 in accounts receivable were written off suggests that the company had to accept that it would not be able to collect that amount from certain customers. This may be due to a variety of reasons, such as the customer going out of business or simply refusing to pay their debts. Writing off bad debt is a common practice in accounting to reflect the true value of a company's assets and liabilities.
It's worth noting that while a write-off may seem like a negative event, it can actually have positive impacts on a company's financial statements. By removing uncollectible debts from the accounts receivable balance, the company can present a more accurate picture of its financial health. Additionally, the write-off may reduce the amount of taxes owed by the company.
Overall, the fact that the company had credit sales and collections of similar amounts suggests that it is effectively managing its cash flow. While the write-off is a setback, it's important for the company to continue monitoring its accounts receivable and collections processes to minimize the risk of future write-offs.
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Bretton, Inc., just paid a dividend of $3.15 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year, indefinitely. Investors require a 15 percent return on the stock for the first three years, a 13 percent return for the next three years, and then an 11 percent return thereafter. What is the current share price for the stock?
To determine the current share price of Bretton, Inc.'s stock, we need to calculate the present value of its dividends using the different required returns for each time period.
To calculate the current share price, we need to find the present value of the dividends at each required return rate and then sum them. The dividends are expected to grow at a constant rate of 4% per year indefinitely. In this case, we have different required returns for different time periods: 15% for the first three years, 13% for the next three years, and 11% thereafter. We will discount the dividends accordingly using these rates.To calculate the present value of the dividends, we can use the Gordon Growth Model formula for a constant growth rate:
Present Value = Dividend / (Required Return - Growth Rate)
By discounting the dividends at the appropriate rates for each time period and summing them, we can determine the current share price of the stock.
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First-time entrepreneurs need guidance and advice to start their business venture. Some organizations help such entrepreneurs start their businesses. Conduct online research about various such local organizations that assist small businesses. Provide their contact details and briefly discuss how each of these organizations can help you start a small business of your own.
Answer:provide free or low-cost assistance to small business owners and aspiring entrepreneurs. They offer a range ofservices, including one-on-one counseling, training and workshops, assistance with business planning and financial projections, and access to funding resources. To find an SBDCfunding resources. To find an SBDC near you, visit the SBA's website at www.sba.gov/local-assistance/find/.
Pls help pls
Why is there a huge demand of professionals in the field of agriculture??
Which of the following is NOT a travel, hospitality, and tourism career?
A. Chef
B. Pilot
C. Curator
D. Truck Driver
chef is not a travel,hospitality, and tourism career
Answer:
Truck driver. that is the only one that doesn’t effect personal travel, vacations, etc
Explanation: