Advocates of trade barriers suggest that barriers to trade are needed to protect producers who are just starting out so that they can become more established.
A barrier to trade could be a government-imposed restraint on the flow of international merchandise or services. Those restraints are generally obvious, however, are most frequently delicate and non-obvious.
The most direct barrier to trade is an embargo– a blockade or political agreement that limits a remote country’s ability to export or import. Embargoes still exist, but they're troublesome to enforce and don't seem to be common except in things of war.
The most typical barrier to trade is a tariff–a tax on imports. Tariffs raise the worth of foreign goods relative to domestic goods . Another common barrier to trade is a government subsidy to a specific domestic industry. Subsidies build those merchandise cheaper to provide than in foreign markets. This ends up in a lower domestic price. each tariff associated with a degree subsidy raises the worth of foreign goods relative to domestic goods, which reduces imports.
Barriers to trade are usually known as “protection” as a result of their declared purpose is to defend or advance particular industries or segments of an economy.
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if you work part-time when you would like to work full time, or have a full-time job that doesn’t utilize all your skills and talents, then you are counted as: group of answer choices frictionally unemployed underemployed structurally unemployed a discouraged worker
If you work part-time when you would like to work full time, or have a full-time job that doesn’t utilize all your skills and talents, then you are counted as: B. underemployed.
What is an unemployment rate?Unemployment rate can be defined as a measure or percentage of the total labor force in a country (economy), who are unemployed but are actively seeking to be gainfully employed by the employers of labor.
This ultimately implies that, an unemployment rate can be used to measure the number of unemployed workers with respect to the percentage of the labor force.
The types of unemployment.According to bureau of Labor statistics, unemployment can be divided into various types and these include the following;
Actual unemployment (AU).Cyclical unemployment (CU).Frictional unemployment (FU).Structural unemployment (SU).In this scenario, we can reasonably infer and logically deduce that a person who works work part-time when he or she would like to work full time would be counted as being underemployed.
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considering quickbooks online uses the fifo method for tracking inventory, what is the best way to see which line items are affected in the sales transaction?
Considering QB online uses the FIFIO method for tracking inventory, Run an Inventory Valuation Summary-course is the best way to see or run a profit and loss and select COGS account to see the transaction history.
What is Inventory?
The term "inventory" refers to both the natural resources utilized in manufacture and the finished products that are offered for sale. One of the most important assets that an organization may have is inventory turnover because it is one of the primary ways to generate revenue and, subsequently, earnings for the firm's stockholders. Natural resources, take a job, and completed items are the three categories of inventory. On a company's balance sheet, it is shown as a current asset.
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An example of a barrier to entry is (2pts) question 10 - an example of a barrier to entry is select product differentiation. as your answer product differentiation. select high profits. as your answer high profits. select occupational licensing. as your answer occupational licensing. select increasing marginal costs. as your answer increasing marginal costs.
An example of a barrier to entry is product differentiation.
What is a barrier to entry?
A barrier to entry is a situation or obstacle that can make it difficult for other firms to enter into an industry. Barriers to entry include economies of scale, product differentiation, brand loyalty and patents.
Product differentiation include all the processes used a company to differentiate its product from other products. If customers are already used to a differentiated product, it might be difficult for them to switch to a new product. On the other hand, if all goods are identical, consumers would not care which product they consume.
When customers are extremely loyal to a brand, it would be difficult for a new firm to enter the same industry and earn a high level of profit. This makes brand loyalty a type of barrier to entry.
The barriers to entry in a pure competition is very low. This is because all the goods sold are identical. On the other hand, barriers to entry is high in both the monopoly and oligopoly.
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some companies extend their networks to their customers and suppliers in order to build innovative continuous inventory replenishment systems that would lock in their business. this creates a (n) information system.
This creates an intra enterprise information system.
Any information system that enhances the capabilities of enterprise business operations through integration is referred to as an enterprise information system (EIS).
In general, this implies providing high-quality services, handling big amounts of data, and being able to serve a sizable and perhaps complex organization or enterprise. All areas and levels of a company must be able to use an EIS. The word "enterprise" can mean several different things.
Frequently, the phrase is exclusively used to describe extremely massive institutions, such as public sector or multinational corporations. Due to the term's status as a buzzword in corporate jargon, it can be applied to almost anything.
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in what way is the tangible measure of the value of a person to the organization expressed? a. with benefits b. in wages c. with promotions d. with compensation e. in career planning
Compensation is the tangible measure of the value of a person to the organization expressed.
Option D is correct.
Elaborate:When it comes to attracting and retaining employees, pay is important . Fair and equitable compensation may promotes the eligible candidates to accept your job offers while promoting current employees feel valued and appreciated. Compensation, on the other hand, doesn't always indicates to a salary or hourly rate. It includes all of the expenses related to each employee .
The difference between base pay and compensation is that a complete compensation package frequently contains an employee's base pay as well as a varieties of other monetary and non-monetary benefits. Allowing a competitive pay plan may helps you recruit and retain top talent, motivate present workers to be more productive and successful, increased their job satisfaction, and stay in compliance with federal.
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The decentralized public ledgering system called ________ is used to record and manage transactions in traditional sectors like shipping, real estate, voting, and stock trading.
The decentralized public ledgering system is called a 'BLOCKCHAIN', which is used to record and manage transactions in traditional sectors like shipping, real estate, voting and stock trading.
Blockchain is basically a digital platform composed of huge number of databases or ledgers, which ensures zero knowledge proof that is one party can ensure correctness of any data without actually revealing any information of the set of data stored. In a decentralized blockchain system, nobody needs to know or rely on any information blindly as each set of information stored in the form of blocks carries with itself its verification proof. Each member present in the network of blockchain has a copy of the exact same data in the form of a distributed ledger. If a ledger of any member is altered or corrupted in any way by someone else, it will be out rightly rejected by majority of members present in that network.
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on may 31 of the current year, the assets and liabilities of riser, inc. are as follows: cash $18,300; accounts receivable, $7,150; supplies, $500; equipment, $11,900; accounts payable, $9,150. what is the amount of equity as of may 31 of the current year?
On May 31 of the current year, the assets and liabilities of the riser, inc. are as follows: cash $18,300; accounts receivable, $7,150; supplies, $500; equipment, $11,900; accounts payable, $9,150. The amount of equity as of May 31 of the current year is $28,700.
Equity is the ownership of assets with potential debts or other responsibilities. For accounting reasons, equity is calculated by deducting liabilities from the value of the assets. Because the value of an investor's investment in a firm is represented by the percentage of its shares, equity is significant.
Any resource that a company or other economic body owns or controls is considered an asset. Anything that has the potential to provide positive economic value qualifies. The ownership value that can be turned into cash is represented by assets.
Assets = Liabilities + Stockholders' Equity
Accounts Payable + Stockholders' Equity = Cash + Accounts Receivable + Supplies + Equipment
$18,300+ $7,150 + $500 +$11,900 = $9,150 + Stockholders' Equity
$37,850 = $9,150 + Stockholders' Equity
Entire assets minus total liabilities equals equity.
Stockholders' Equity =$37,850 - $9,150
Stockholders' Equity = $28,700
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a primary feature of property held in joint tenancy is that a) additional owners may be added later. b) the owners may hold unequal shares. c) there is always right of survivorship. d) a maximum of two people can own the real estate.
Property held in shared tenancy has this as one of its main characteristics. d) The right of survivorship is always present.
Each Tenant shall have an undivided interest in the Estate under the right of survivorship. When a tenant passes away, their interest in the property evaporates, and the remaining tenants' shares rise proportionately to take over ownership of the full estate.Tenancies by the entirety and joint tenancies are the two types of tenancies that have the right of survivorship. The right of survivorship in a joint tenancy may be broken, changing the estate to a tenancy in common, through partition (voluntary or involuntary); a conveyance by one joint tenant; an agreement between joint tenants; the murder of one joint tenant by the other; or the simultaneous deaths of joint tenants.To know more about Survivorship and Tenancy , here
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firms that have permits to release waste water into waterways under the clean water act must monitor their own performance and file reports, which are available to the public for inspection.
Firms that have permits to release waste water into waterways under the clean water act must monitor their own performance and discharge monitoring file reports.
Reports called Discharge Monitoring Reports (DMRs) are necessary for some Water Quality Management (WQM) permits and National Pollutant Discharge Elimination System (NPDES) permits because they include wastewater self-monitoring results. Periodically, these reports are finished and submitted to DEP and other organizations (typically monthly, quarterly, semi-annually or annually). All facilities with NPDES permits that demand sampling and monitoring are required to submit DMRs (typically sewage treatment plants and industrial facilities with a wastewater or storm water discharge monitoring to surface waters). For WQM licenses with effluent land application, DMRs can also be necessary.
The attachment of supplemental reports to DMRs is frequently required for NPDES permits.
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the components of a typical issues management process include: multiple choice identify issue, take action, scan for new issues. generate options, predict the firm’s profitability, evaluate results. identify issue, analyze issue, allow the government to take action. all of these answers are correct.
The components of a typical issues management process are include:
Identify issue, take action, scan for new issues.Identify issue, analyze issue, allow the government to take action.Generate options, predict the firm's profitability, evaluate results.So, the correct answer is all of these answer are correct.
Management process can be described as a process of setting goals, planning and controlling the organizing and leading the execution of any type of activity, such as: a process or a project. There are some functions of management process, such as: planning, organizing, coordinating, staffing, directing, reporting and budgeting.
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Raymond barrows owned a 17-acre parcel of undeveloped land in seaford, delaware. For most of his life, mr. Barrows had been an astute and successful businessman, but by the time he was 85 years old, he had been diagnosed as "very senile and confused 90 percent of the time. " glenn bowen offered to buy the land. Barrows had no idea of its value, so bowen had it appraised by a friend, who said it was worth $50,000. Bowen drew up a contract, which barrows signed. In the contract, barrows agreed to sell the land for $45,000, of which bowen would pay $100 at the time of closing; the remaining $44,900 was due whenever bowen developed the land and sold it. There was no time limit on bowen’s right to develop the land nor any interest due on the second payment. Comment.
Answer:
Please clarify your question Thanks!
offensive strategies group of answer choices are attempts to reduce the risk of being attacked. are used to convince other firms to seek other targets. are direct targeting/attacking of rivals. are examples of basic generic strategies.
The offensive strategies are direct targeting/attacking of rivals.
A sort of company strategy known as an aggressive competitive strategy entails actively pursuing improvements within the industry. In an effort to stay one step ahead of the competition, businesses that go on the offensive frequently make acquisitions and spend a lot of money on R&D and technology. They will also confront rivals by excluding them from emerging or underserved markets or by competing directly with them. Conversely, defensive competitive strategies are intended to offset aggressive competitive methods. When businesses aggressively seek out other businesses to drive expansion or reduce competition, they are using the most aggressive offensive competitive approach.
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8. which of the following is not a typical concern for inventory and scheduling when implementing a lean system? a. frequent, small shipment must be arranged with suppliers. b. changeover times must be reduced. c. production schedules must be stabilized. d. companies can increase setup times because deliveries are frequent
When developing a lean system, the following is not a frequent issue for inventory and scheduling: Deliveries are frequent, so businesses can extend setup times.
What lean idea aids in supply chain coordination, inventory level regulation, and production startup?The establishment of a process' production numbers through the use of Kanban is essential since it supports JIT production and ordering systems. It's frequently referred to as lean manufacturing's "nervous system."
Describe benefits of lean systems.Lean manufacturing boosts output while enhancing efficiency and reducing waste. As a result, there are numerous advantages: higher product quality Increased productivity frees up personnel and resources that would have been spent for innovation and quality assurance.
Delivering value as defined by the client, eliminating waste, and continuous improvement are the three pillars of the Lean approach to business processes, which was originally inspired from the hugely influential Toyota production system (TPS).
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the weighted average cost method uses the weighted average cost to calculate the value of . (check all that apply.) multiple select question. cost of goods sold supplies sales inventory equipment payments to suppliers
The weighted average cost method uses the weighted average cost to calculate the value of option B: cost of goods sold.
What is the weighted average cost method?The weighted average cost approach, which is frequently employed when inventory items are so similar to one another or blend into one another that it is difficult to assign precise costs to single units, divides the cost of goods available for sale by the number of units available for sale.
Therefore, The weighted average approach is most frequently used when inventory items are so entangled that it is challenging to allocate a specific cost to an individual unit. It is mostly used to assign the average cost of production to a certain product.
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green leaves seeks to encourage increased use of reusable bags by creating a new market space for "shoppers with a conscience." to achieve this, the firm creates differential value for consumers and makes contributions to society by reducing costs and environmental impact. which overall environmental marketing strategy does this exemplify?
This demonstrate the overarching environmental marketing strategy's sustainable value innovation by reducing costs and environmental impact.
Innovation is the practical application of concepts that leads to the launch of new products or services or enhancements in the provision of existing products or services. Innovation is described by ISO TC 279 in the standard ISO 56000:2020 as "a new or altered entity realising or redistributing value." Lego has been converting the components of its renowned bricks to biodegradable plastics with an oil base. Additionally innovative were the first electric cars that entered the automotive market and the ongoing development of new batteries with increased range. A marketing strategy is a long-term plan for attaining a company's objectives through comprehending client needs and forging an identifiable and long-lasting competitive advantage. marketing strategy includes everything, from defining who your target audience is to selecting the methods you will use to communicate with them.
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for the year ended december 31, 2025, davidson mart had sales of and cost of goods sold of . davidson estimates that approximately % of the merchandise sold will be returned. the adjusting journal entry on december 31, 2025, would include a .
For the year ended December 31, 2025, a credit of $32,000 would be made to Refunds Payable in the adjusting journal entry on December 31, 2025.
When a bank has Refunds Payable, it signifies that the bank has been closed by the regulatory authorities, that a public official has been appointed to take over the bank, or that the bank has stopped or refused to make payments in the regular course of business.
The following Accounts Receivable accounts are impacted when goods purchased on credit are returned:
Accounts Receivable that is either credited to lower the balance owed by the customer or is a receivable from them.
Returns Inventory is Refunds Payable debited to lower the amount of sales, and In order to replenish stock with the returned goods, a second entry must be made to debit the merchandise inventory.
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The complete question is
For the year ended December 31, 2025, Davidson Mart had sales of $700,000 and cost of goods sold of $525,000. Davidson estimates that approximately 3% of the merchandise sold will be returned. The adjusting journal entry on December 31, 2025, would include a
A. debit to Cost of Goods Sold for $15,750
B. credit to Refunds Payable for $21,000
C. debit to Sales Revenue for $5,250
D. credit to Estimated Returns Inventory for $15,750
The possibility that poor sales were due to rejection of the health claims by the european union indicates that this product failure was primarily due to _______.
Answer:
NGL I DO NOT KNOW
Explanation:
my fault
sarah and bill were recently hired at the local manufacturing plant as workers. everyone on the team is responsible for several administrative tasks, including scheduling work assignments for the team. sarah and bill's new team is an example of
Sarah and bill were recently hired at the local manufacturing plant as workers. everyone on the team is responsible for several administrative tasks, including scheduling work assignments for the team. sarah and bill's new team is an example of a Self-managed team.
As a worker, you have to take reasonable care to guard your personal fitness and safety, in addition to the fitness and safety of different folks who can be stricken by your acts or omissions at paintings. (g) co-operate with the board, officers of the board and every other person carrying out a duty underneath the act or the rules.
The company will pay income to an worker consistent with their employment settlement phrases. An organization is likewise answerable for providing benefits to their workers. these can also include coverage, gratuity and retirement blessings, relying on neighborhood laws or labour union contracts. An employee works for a employer, company or character.
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Suppose the following table shows the components of aggregate expenditure for an economy when disposable income is $400 billion and when it is $500 billion:
Disposable Income
$400 billion $500 billion
Consumption $300 billion $400 billion
Investment $100 billion $100 billion
Government Purchases $175 billion $175 billion
Net Exports $200 billion $180 billion
Aggregate Expenditure $775 billion $855 billion
On the following graph, use the blue curve to plot investment as a function of disposable income:
According to the table, investment is:
a. Autonomous with respect to disposable income
b. Responsive to changes in interest rates
c. Responsive to changes in business expectations
d. Correlated with consumption
A terrorist attack that makes business forecasts more pessimistic would cause the investment function you drew previously to
Options: slope upward; shift up; shift down; slope downward
The correct option is (B) Responsive to changes in interest rates
Investment in economics refers to the acquisition of capital goods for use in the creation of commodities and services. Demand for investments might alter due to a variety of reasons, including the real interest rate, production costs, taxes, adjustments in inventories, and expectations.
According to the table, investments total $100 billion, compared to $400 billion in available income. Investment stays the same while disposable income rises from $400 billion to $500 billion. Investments are not reliant on available cash. Investments are therefore independent of available funds. If we created an investment function, the investment curve at $100 million would be a horizontal line with investment on the vertical axis and disposable income on the horizontal axis.
Generally speaking, any circumstance that causes firms as a whole to anticipate a lesser return on their investment causes investment to decline. Another factor is expectation. The investment will decrease if CEOs become less optimistic about upcoming sales. Consequently, the investment function you previously developed would fail if a terrorist strike increased the pessimism of business projections.
Therefore option B is correct.
COMPLETE QUESTION is attached in the files section.
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when studying marketing effectiveness, the three main types of evaluation techniques are message evaluations, online evaluation metrics, and respondent behavior evaluations.
The three key types of evaluation techniques to determine the effectiveness of digital marketing are message evaluations, online evaluation metrics, and respondent behavior evaluations. Thus, the given statement is true.
Marketing effectiveness is the measure of a wider range of digital marketing objectives to attain a larger return on investment in both the long term and the short term.
The three main digital marketing effectiveness evaluation techniques are briefly described below:
Message evaluations: In this technique messages are examined and optimized so that influencing ads and messages would be developed to attract customers.Online evaluation metrics: this is the technique that evaluates and tracks the digital marketing and advertising campaigns by implicitly measuring the experience of real users.Respondent behavior evaluations: These address the visible customers' actions, such as online store visits, inquiries, and actual purchases. This technique uses a range of measures such as changes in sales, the number of redeemed coupons, and the number of clicks to the website."The complete question is:
when studying marketing effectiveness, the three main types of evaluation techniques are message evaluations, online evaluation metrics, and respondent behavior evaluations. True or False "
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descibe and rationalize how a firm's logistics and supply chain strategy will likely evolve as a firm shifts from no international strategy to a global strategy. what are the challenges as the firm evolves through this change?
When a firm operate in national or local market then it deals with few number of suppliers, retailers.
But when a firm begins to take its business operations into global market and make global strategy in which it offers the same products or services to many market of various countries then the and supply chain strategy will likely rise as now it has to identify the needs and trends of market in each country which can be allowed from local suppliers, and distributors of many countries.
The challenges they face when they evolve are-
The cost and quality of supplies may be delayed production as the quality raw materials at low cost isn't easy.The conflict of interest among supplies and distributors as number of these channels are increasing in the supply chain evolution.The communication and cultural barrier may affect supply chain evolution as the firm deals with people from different culture and background.legal authorities like taxes, duties, tariffs etc affect supply chain when firm operates business in another countries.Learn more about Global strategy:
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a(n) is a specific type of strategic alliance in which two or more companies join forces without merging the companies and share resources, risks, and profits. group of answer choices
A joint venture is a specific type of strategic alliance in which two or more companies join forces without merging the companies and share resources, risks, and profits.
In the field of business, we can describe a joint venture as a collaboration between two or more two companies that join hands on a common project. Everything that is related to this project i.e the materials and the risks associated with the output that is gained is all divided equally among the companies that are a part of the joint venture.
A joint venture is a type of strategic alliance that helps in building more revenue and reduces the threats imposed by individual loss.
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if a firm contracts with iri, a leading test market company, to track sales of a new product made to a panel of consumers and to assess the effectiveness of advertising and other promotion tactics, what type of test market is this
The type of test market is controlled test market.
The most frequent application of controlled test markets is with new product launches. The research provider provides the advertiser with a panel of retailers for a controlled test market.
Suppliers track the sales of competing products as well as first- and repeat-purchase data from the checkout scanner. The marketer's brand is "pushed" into these stores through distribution. Both advantages and disadvantages apply to this.
Distribution is certain, which is an advantage. The marketer is unable to predict how retailers will respond to the new offering, which is a drawback. Controlled test markets also have the drawback of allowing competitors to view the new product prior to its general release.
Hence the controlled test market is the suitable test market.
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has credit sales of $342,000 yearly. if dome offers a 2 percent discount for payment in 18 days, what will the average accounts receivable balance be? assume all customers would pay on the last day of the discount period. (use a 360-day year.)
The average accounts receivable balance be $17,100. assuming all customers would pay on the last day of the discount period. (using a 360-day year).
Credit sales of Dome metals = $342,000 yearly
Dome offers 2% discount for payment in 18 days.
Assuming all customers would pay on the last day of the discount period.
Average receivables balance = Receivables with discount x Average collection period
= (342,000 - 2%) x 18 /360 =$341,999 x 0.05 =$17,099.999
Therefore Average receivables balance = $17,099.999 ≈ $17,100
Average account balance over a certain length of time for the accounts payable account When linking this account to Sales, an average balance must be calculated because the amount presented in the Accounts Receivable account is the final balance on a single day (the balance of which reports the sales for a period of time).The amount of times a firm collects its typical level of accounts receivable is measured by the accounts receivable turnover ratio. It measures how well a business is able to manage its line of credit procedure and collect past-due amounts from customers.Accounts receivable Turnover Ratio: An efficient firm has a higher ratio whereas an inefficient company has a lower ratio.Learn more about Average account, here
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1. when the partnership goes out of business and the normal operations are discontinued, the accounts should be adjusted and closed except the asset accounts. the liability accounts. the owners' equity accounts. all of these choices are correct.
The accounts should be adjusted and closed are except the asset, contra asset, liability, and owners' equity accounts. So, the answer is all of these choices are correct.
A partnership can be defined as a form of business where two or more people share ownership, as well as the income or losses the business generates and the responsibility for managing the company. Partnership has several characteristic, such as sharing of losses and profits, mutual agency, Lawful business, Unlimited liability, and also Contractual relationship. Partnership also can be defined into 3 main categories, such as general partnership, limited liability partnership, and also limited partnership.
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a department store has offered you a credit card that charges interest at 1.75% per month compounded monthly. what is the nominal interest (annual percentage) rate for this credit card? what is the effective annual interest rate?
Since the store charge interest at 1.75% per month, then the nominal interest rate = 21% and the effective annual interest rate = 23.14%
The annual percentage rate (APR) or nominal interest is equal to monthly interest times 12 months. Hence,
APR = 12 x 1.75% = 21%
The effective annual rate (EAR) is calculated using the formula:
EAR = (1 + r/n)ⁿ - 1
Where:
r = APR or nominal interest rate
n = number of periods.
From the problem, since the interest is compounded monthly, then n = 12.
Hence,
EAR = (1 + 21 / 12)¹² - 1
EAR = (1 + 0.0175)¹² - 1 = 23.14%
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on april 1, dos company sold $12,000 accounts receivable to ps2 finance company to obtain immediate cash. the related allowance for doubtful accounts was $480. the financial agreement specified a price of $10,200 on a with-recourse basis. dos estimated a $240 recourse liability. required prepare the journal entry for dos company to sell the accounts receivable.
DateAccount Titles DebitCredit2020 April 1Cash $12,000, Allowance for Doubtful Debts $480, Loss on Sale of Receivables (2,200 + 240)= $2,440 Accounts Receivables $12,000,Recourse Liability $240.
A debit card, commonly referred to as a check card or bank card, is a type of payment card that can be used to make transactions in place of cash. The phrase "plastic card" refers to both the previous item and an identity debit card. While they resemble credit cards, the money for the purchase must be in the cardholder's own account with them. The financial agreement specified a price of $10,200
In double-entry bookkeeping, the debit is the side of the entry that shows the amount deducted from an account.
Receivable refers to the fact that the payment has not yet been realized. Accordingly, the business must have given its clients a credit line.
Trade accounts receivables, notes receivable, and other receivables are the three main categories that make up receivables.
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simone takes ownership of the project to which she was assigned. she provides the leadership and vision that will take the product from the idea stage to the final customer. simone is a(n) .
Simone assumes control of the task she was given to complete. She gives the project the direction and vision needed to see it through to the end user. A product spokesman is Simone.
Any activity that is meticulously planned to accomplish a specific goal, whether it is done alone or in a group, and may include research or design, is referred to as a project. A different perspective sees a project as a series of activities that must be completed in a specific order and under specific financial and other constraints. A project may be a transient (rather than permanent) social structure (work system), staffed perhaps by teams (inside or across organizations), to carry out specific tasks under time limitations. A project could be a component of a larger program management effort or work independently.
Be aware that open-source software "projects" or artists' musical "projects" (for instance) could not have clearly defined team members, exact planning, or time limits.
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an accounting statement that presents predicted amounts of the company's assets, liabilities, and stockholders' equity as of the end of the budget period is called a(n): a) master balance sheet. b) budgeted income statement. c) pro forma balance sheet. d) pro forma cash flow statement. e) operating balance sheet.
Income statement, statement of stockholders’ equity, balance sheet, and statement of cash flows are the proper order.
Every company prepares financial statements to inform the intended users of its financial performance.These claims are connected to one another, thus they can be made in any order.Since the information needed to complete the income statement does not come from other statements, it is prepared first.Statement of Stockholders’ Equity is prepared following the income statement because it requires the balance of net income or loss from the income statement.
The balance sheet is then created because it needs the information on stockholder equity.Because it needs information from the previous year as well, the last statement of cash flows is created.This is essentially the presentation of a business’s plans in financial terms. It is claimed to be a strategy that will assist you in keeping track of your finances, managing your money sensibly, and achieving your short-, medium-, and long-term goals on schedule.
The sales, purchases, cash, and income statements are the significant configurations in which the majority of master budgets are constructed. According to the selling, general, and administrative budget and the pro forma revenue statement, budgeted sales commissions are clearly displayed.
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Natalia works for a mid-range electronics company. The consumers in the company’s domestic market are sophisticated and demanding and are constantly pressuring the company to innovate with new designs and technology. Which aspect of porter’s diamond does this demonstrate?.
From the information given, it can be inferred that the aspect of porter’s diamond that this demonstrates is: Power of Customers.
What is Porter's Diamond Model?Porter's Five Factors is a model that identifies and analyzes five competitive forces that define every sector and aid in determining an industry's strengths and weaknesses. Five Forces analysis is widely used to define company strategy by identifying an industry's structure.
Porter's approach may be used in any sector of the economy to better analyze industry competitiveness and increase a company's long-term profitability. Michael E. Porter, a Harvard Business School professor, inspired the Five Forces paradigm.
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