This information suggests that Mexico has a lower opportunity cost of manufacturing goods relative to the US. The United States must have a comparative advantage in producing both agricultural products and intellectual property.
What is the opportunity cost of production?The manufacturing jobs are decreasing in the United States and they are increasing in Mexico. This tells us that the Mexicans are exporting manufactured goods to US. A nation would have to export a good if it has lower opportunity cost in creating the good.
What is the comparative advantage?The US would engage in the exportation of agricultural goods and intellectual properties to the Mexicans. Software are a part of intellectual property. It is advised that nations export the goods which they have the comparative advantage in making.
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choices tend to be more holistic than emotional choices, using summary impressions rather than specific attributes to evaluate the options and affect even important purchases such as a car or house.
Attitude-based choices tend to be more holistic than emotional choices. Hence, Option A is correct.
What are emotional choices?Any individual makes various choices based on their needs and requirements, and it is dependent on the type of choice they make when it comes to meeting emotional needs.
It is a type of theory in which, the emotions that one carries are not only based on social interaction but also on corporal experience, which is also tied to the autonomic nervous system.
Using summary impressions rather than specific attributes to evaluate the options and affect even important purchases such as a car or house.
Therefore, option A is correct.
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The complete question is attached in text form:
________ choices tend to be more holistic than emotional choices, using summary impressions rather than specific attributes to evaluate the options and affect even important purchases such as a car or house.
Select one:
a. Attitude-based
b. State-of-mind
c. Rational
d. Balanced
e. Weighted
Blissful breeze manufactures and sells ceiling fans. Each fan has a unit product cost of $112 and a unit selling price of $190. If blissful breeze produces 900 fans and sells 842 fans this month, the total cost of goods sold will be $______.
The total cost of goods sold will be $94,304. The cost of items that are manufactured or bought, then sold, is referred to as COGS.
What is the difference between cost and COGS?While COGS examines the direct expenses connected to the manufacture of a company's goods, the cost of sales examines the direct and indirect costs connected to a company's sale of its goods and services.
Given,
Total Production(units) = 900
Selling Production (units) = 842
Product cost = $112
Selling price = $190
Required to calculate COGS =?
COGS = Selling Production (units) x Product cost
COGS = 842 x 112 =94,304
Thus, the Cost of Goods Sold is $94,304
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sustainable supplies prepares the following aging of receivables analysis: days past due total current 1 to 30 31 to 60 61 to 90 over 90 accounts receivable $ 57,600 $ 40,000 $ 9,000 $ 3,600 $ 2,000 $ 3,000 percent uncollectible 1% 3% 5% 8% 11% prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the allowance for doubtful accounts is a $500 credit.
Sustainability consists of fulfilling the needs of current generations without compromising the needs of future generations while ensuring a balance between economic growth, environmental care, and social well-being.
The correct answer is Debit Bad Debts Expense $840; credit Allowance for Doubtful Accounts $840.
Allowance for doubtful accounts
balance required=40,000*1%+9000*3%+3600*5%+2000*8%+3,000*11%
=$400+$270+$180+$160+$330
Allowance for doubtful accounts balance required=$1,340
Balance already in allowance for doubtful account=$500
Bad debt expense to be recorded=$1340-500
=$840
Journal entry
Date General Journal Debit Credit
Bad debt expense of $840
Allowance for doubtful accounts $840
(To record bad debt expense)
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during an audit of a company’s cash balance on a company with operations in only one country, the auditor is most concerned with which management assertion?
During an audit of a firm's cash balance on a business with operations in only one country, the auditor is most concerned with which existence management assertion.
Management assertions are statements expressed by members of management about specific aspects of a business. The term is most commonly associated with auditing a firm's cash balance, in which the auditors rely on many assertions about the business.
Auditors conduct several audit tests to determine the accuracy of these assertions. The existence assertion states that all account balances for liabilities, assets and equity exist as per the financial statement end of the accounting period.
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What are the two different approaches an event marketer could take in a sponsorship management career?.
The two different approaches an event marketer could take in a sponsorship management career are Securing corporate sponsorship for events and consulting with companies to find events.
Corporate sponsorships are payments made by a company to a non-profit organization to further the non-profit's mission, generally recognized by the non-profit organization in recognition of the company's support of the non-profit's activities. It is program or special event.
Corporate sponsorship is a business that pays for partnering with a nonprofit organization through an event, project, or program. For example, a company can sponsor his local CV squadron or help build a new facility. A word of warning, corporate sponsorships should not be viewed as donations. As with any form of marketing, it should be used strategically to reach your target audience. When creating your marketing plan, research the events and causes that matter to your ideal customer.
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on may 1, year 1, bolt corp. issued 11% bonds in the face amount of $1,000,000 that mature on may 1, year 10. the bonds were issued to yield 10%, resulting in a bond premium of $62,000. bolt uses the effective interest method of amortizing bond premiums. interest is payable semiannually on november 1 and may 1. what amount should bolt report as the unamortized bond premium in its october 31, year 1, balance sheet? a. $58,590 b. $58,900 c. $60,100 d. $62,000
On May 1, year 1, bolt corp. issued 11% bonds in the face amount of $1,000,000 that matured on May 1, year 10. the bonds were issued to yield 10%, resulting in a bond premium of $62,000. bolt uses the effective interest method of amortizing bond premiums. interest is payable semiannually on November 1 and May 1:
$60,100
Interest payable= 10000000.110.5=55000
Interest expense= (1000000+62000)0.100.5=53100
Premium amo= 55000-53100= 1900
Unamo=62000-1900=60100
The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR). The compensation a lender or financial organization receives for giving out money is called interest.
The nominal interest rate, the effective interest rate, and the real interest rate are the three primary categories of interest rates. The declared rate on which interest payments are computed is known as the nominal interest on an investment or loan.
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?
Sophia pushes a shopping cart of mass 5 kilograms with a force of 12
newtons across the floor of a grocery store. The floor exerts a frictional force
of 7 newtons. What are the net force and acceleration of the cart?
net force 19 newtons
acceleration = 3.8 meters/second²
Onet force = 5 newtons
acceleration 1 meter/second²
=
Onet force = -5 newtons
acceleration = -1 meter/second²
Onet force = -5 newtons
acceleration
1 meter/second²
The Net force acting on the cart is 5 Newtons and acceleration of the cart is 1 m/s². Thus, the correct option is option B.
Sophia is pushing the cart of mass 5 kg with a force of 12 N and the frictional force acting on it is of 7 N. The Frictional force may be defined as the force acting on the body which opposes the motion of the body in a particular direction. The frictional force always acts in opposite direction to the applied force.
Here, force applied = 12 N
Frictional force = -7N
Net force acting on the body = Applied force + Frictional force
Net force = 12N - 7 N
Net force = 5N
Now, the Net force acting on the body is given by
F = ma; where F is the net force, m is the mass of cart and a is the acceleration.
F = ma
5N = 5kg×a
5kg m/s² = 5kg×a (∵1N = 1kg m/s²)
a = (5kg m/s²)/5 kg
=>a = 1 m/s²
Thus, the Net force and acceleration of the cart are 5N and 1 m/s² respectively.
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crystal has opened a new startup company in web design. within the first month of business, the startup agrees to maintain an accounting firm's website in exchange for someone at the firm doing the startup's tax returns.
The crystal has opened a new startup company in web design. Trade can make everyone better off.
What is company?
The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.
The principles of economic interaction best characterize this circumstance; commerce can benefit everyone. The new startup company agreed to pay the startup tax return. They look after the accounting firm's website.
As a result, the trade can everyone can better.
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according to the kauffman foundation, what would happen to a society if it didn’t have entrepreneurs and new companies?
Kauffman foundation asserts that a society will not exist if it didn’t have entrepreneurs and new companies.
Who is an entrepreneurs?This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks and rewards of their business venture. Their business idea usually entails a new product or service rather than an existing business model.
The Kauffman Foundation sees an entrepreneurs as an entity that does three things that includes birth the new, create jobs, and create new net wealth in society.
However, the foundation asserted that a society will not exist if it didn’t have entrepreneurs and new companies.
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an apartment building that sold for $780,000 had a monthly gross income of $8,000. what is its monthly gross rent multiplier?
97.5
$780,000 ÷ $8,000 = 97.5 GRM
GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.
In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.
Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.
A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.
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How does this business attract customers and keep them happy? Customer service Creativity and innovation
Answer:
Explanation:
This business attracts customers by offering excellent customer service and maintaining a high level of creativity and innovation in their products. They keep customers happy by constantly improving their products and services and always keeping them up to date with the latest innovations.Other ways this business might attract customers include offering competitive pricing, providing a high level of quality, and always being available to answer any questions or concerns they may have.
obtaining evidence to determine that all inventory, accounts payable, notes payable and expenses are included on the financial statements relates to the assertion.
Obtaining evidence to determine that all inventory, accounts payable, notes payable and expenses are included on the financial statements related to the completeness assertion.
There are five different financial statement statements approved by corporate financial statement preparers. These include claims of accuracy and valuation, existence, completeness, rights and obligations, and representations and disclosures.
Statement of Completeness - All transactions to be recorded are recorded in the financial statements. Commitment to Accuracy - Transactions are accurately recorded for the right amount. Cutoff Assertion - The transaction was recorded in the correct accounting period. Check with management about the existence of related parties.
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robert jacobs and richard chase (2018). operations and supply chain management, 16th edition, mcgraw-hill. isbn 978-1-260-23890-7 (bound edition), isbn 978-1-260-70637-0
16th Edition of Operations and Supply Chain Management
F. Robert Jacobs and Richard Chase are the authors.
McGraw-Hill Higher Education is the publisher (International)
Type: Reflowable
9781260575941, 1260575942 for printing
ISBN 9781260575941, 1260575942 for printing
eText 9781260579437, 1260579433
eText 1260579433, 9781260579437
The design, operation, and improvement of the systems that produce and deliver the company's main goods and services is known as operations and supply chain management (OSCM). The management of the complete system that creates a product or provides a service is a focus of OCSM.
It is possible to create a supply network for any good or service. Consider a supply network as a pipeline where materials and information are transported.
A business plan that balances the demands of complicated supply networks with the desires of customers is necessary for success in today's global markets.
Operations refers to the manufacturing and service procedures utilized to turn a company's resources into the goods that clients want to buy.
All actions and data connected to the movement and transformation of goods and services from the stage of raw materials to the end-user are included in the supply chain.
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If you wanted to purchase a car the costs $3,600 and you had 12 months to save, you would need to save.
to reach your goal.
A $200
C $400
B
D
$300
$500
each month
Answer:
hahaha
Explanation:
explain to the chairman of the board three properties of future cash flows that would likely help increase computron’s value.
organization's should monitor and analyze three different types of cash flow: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.
What is cash flow?
Cash flow refers to the net change in cash and cash equivalents coming into and leaving a business. Inflows and outflows are represented by money received and spent, accordingly. Fundamentally, a company's ability to maximise long-term free cash flow and generate positive cash flows defines its capability to add value for shareholders (CFC). FCF is the cash that remains from a company's ordinary business operations after any capital expenditures have been paid for.
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Terrell’s science class volunteers at the pet shelter each week and assists with keeping the puppy cages clean. combining academic work with a community project is an example of _____. a. job shadowing b. service learning c. an internship d. an exploratory interview please select the best answer from the choices provided a b c d
The correct option is (B) Service learning
Service learning combines formal education with the application of that knowledge in a service-oriented manner. It is a kind of educational philosophy that demands knowledge demonstration from the learner, bridging the cognitive and the affective to improve learning results. It combines intellectual prowess with individual hobbies, enabling students to discover their passion and practice practical approaches to solving challenges in the real world. It is a linked learning experience that touches both thinking and sensation while connecting personal growth to cognitive growth. Students apply the concepts they learn in class to practical issues in order to develop workable solutions that will change society for the better over the long run.
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bob mills furniture aims to improve the lives of many people. the mission statement could have focused on affordable furniture (product oriented), but instead it focuses on making life better for its customers. this example shows that
The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
What is Marketing?
This refers to the creation of awareness for a product to a customer base to drive them to buy.
Hence, we can see that The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
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what part of the marketing plan lists the actions the firm must take to accomplish the marketing objectives of the firm?
The part of the marketing plan that lists the actions the firm must take to accomplish its marketing objectives of the firm is the marketing strategy.
What is a Marketing plan?It should be noted that the marketing plan simply means the ideas that are put in place by a company in order to improve sales and revenue.
An overall business plan could include a marketing plan. A well-written marketing plan must have a strong foundation in marketing strategy in order to fulfill its objectives. A marketing strategy may include a list of tasks, but without a solid strategic base, it is of little service to a company.
In this case, the part of the marketing plan that lists the actions the firm must take to accomplish its marketing objectives of the firm is the marketing strategy. It should be noted that Strategies are important to achieve organizational goals.
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understanding the relationship between consumer motives and involvement with professional sport teams
Which four higher order aspects of participation are there?
Risk, attraction, self-expression, and lifestyle centrality. Following a multivariate analysis of variance (MANOVA), post hoc comparisons showed that a person's involvement profile score may be used to identify significant variations in prior attendance behavior. The findings have significant ramifications for using the TSI model to better understand sport consumers among managers. The TSI model's use and its implications for improving managers' comprehension of sport customers are covered.To learn more about Team sports, visit:
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true or false: the marketing department helps support the goals of management by working with a network of other departments and employees to provide the customer-satisfying products that help the organization to survive and prosper.
Answer:true
Explanation: management is responsible for establishing goals
The marketing department helps support the goals of management by working with a network of other departments and employees to provide the customer-satisfying products that help the organization to survive and prosper. This statement was true. Thus, option (a) is correct.
What is management?The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession. Management are they manage the organization. Management are based of the different functions are the step by step.
According to the management was each department was the important. The marketing department was the provided the information to the customers and the customer-satisfying products to the purchase more are the growth the organization are the achieved the goal.
As a result, the statement was true. Therefore, option (a) is correct.
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For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity of each firm’s shares demanded equals the quantity supplied. Why, then, do the prices of stock shares change?.
The reason why the prices of stock shares change is because the Prices change is one that is in reaction to a mismatch between Quantity demanded and Quantity supplied.
Why is the case above that way?Note that another reason why the prices of stock shares change is because the Prices change is the prices of the stock shares can be altered due to alterations in the expectation of the investors (such as the buyers of stock).
Thus, the prices are known to change so that it can be able to adjust the demand as well as the supply of stocks so that the equilibrium can be attained where the numbers of shares sold as well as the purchased are known to be equal.
Therefore, The reason why the prices of stock shares change is because the Prices change is one that is in reaction to a mismatch between Quantity demanded and Quantity supplied.
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what is the primary purpose of the georgia fair business practices act? select one: a. to prohibit discrimination in real estate and other businesses b. to prohibit activities in restraint of fair trade c. to prohibit deceptive advertising d. to require more professional licensing standards
The primary purpose of the Georgia fair business practices act is to prohibit deceptive advertising
Any advertisement that is untrue, deceptive, or has the potential to mislead consumers is considered deceptive advertising.
Ads can be misleading in a variety of ways, including:
the cost of a productSize of a productThe item's standard or qualitythe availability of the goods at specific times and locations.Information on guaranteesFalse information about transactions or salesdifficulty understanding interest rates or other aspectsEven if the person who created the advertisement didn't mean for it to be misleading, it may nonetheless be considered such under state and federal law deceptive advertising. Even if the advertisement contains an error, the claim could still be considered deceptive.
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What disadvantages are there to being a sole trader in contrast to a partnership?
Answer:
Disadvantages of sole trading include that:
you have unlimited liability for debts as there's no legal distinction between private and business assets.
your capacity to raise capital is limited.
all the responsibility for making day-to-day business decisions is yours.
retaining high-calibre employees can be difficult.
the economic concept of is the attempt made by people to minimize the expected cost of achieving a given benefit. a. rational self-interest b. rational expectation c. fallacy of composition d. marginal analysis
the economic idea of is the try made with the aid of people to minimize the expected value of accomplishing a given benefit is Rational self-interest.
Some common synonyms of acquire are accomplished, discharge, effect, execute, fulfill, and carry out. at the same time as a majority of these words mean "to perform or into effect," obtain provides to accomplish the implication of conquered difficulties.
Accomplishing sentence example. How do you hope to acquire that? now and again they attain rare beauty by a twist of fate. Assuming she'd done all she turned into imagined so one can achieve her aim, she could know his location within minutes.
It facilitates us accomplishing our desires, and lets in for extra green use of time and other assets. making plans way analyzing and analyzing the goals, as well as the manner wherein we will achieve them. it's miles a method of action to determine what we are going to do and why.
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consequently, prismpaints corp. has vouched to make its products as safe as possible. therefore, it manufactures polyethanal-free paints even though this increases its costs and reduces the dividends paid to its shareholders in the long run
Economic responsibilities toward its shareholders is Prism Paints Corp. primarily compromising in this scenario. Thus, option B is the correct option.
What is divided?A dividend can be defined as the amount that the shareholder usually gets after the company announces the rate at which it will be giving the dividend. It is often created or given after the firm earns a profit.
Prism Paints Corp is said to be a firm that has chosen its responsibilities towards the societies for not using the polyethylene that was affecting the environment as well as people. Even if it increases its value or may lose some customers.
In this process the shareholders will receive less amount of dividends and will be influenced by the same and the company is neglecting their welfare in this process. Therefore, option B is the correct option.
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The question is incomplete, the complete question is :
The amount of polyethanal that can be used in household paint is legally limited to 0.03 percent. Anything beyond this amount is hazardous to health and the environment and is considered a legal offense. Consequently, PrismPaints Corp. has vouched to make its products as safe aspossible. Therefore, it manufactures polyethanal-free paints even though this increases its costs and reduces the dividends paid to its shareholders in the long run. Which of the following responsibilities is Prism Paints Corp. primarily compromising in this scenario?A) legal responsibilities toward the governmentB) economic responsibilities toward its shareholdersC) philanthropic responsibilities toward the local communityD) ethical responsibilities toward the society
a corporation is a complex business compared to a sole . the process of filing all applicable legal documents to register a corporation with the government is known as .
A corporation is a complicated commercial enterprise as compared to a sole. the procedure of filing all relevant legal documents to sign in a business enterprise with the authorities is referred to as Taxation.
A corporation conducts enterprise, realizes net earnings or loss, will pay taxes, and distributes profits to shareholders. The earnings of an enterprise are taxed to the corporation while earned and then are taxed to the shareholders when allotted as dividends.
A corporation is a popular connection with a business whereas a business enterprise is a reference to a particular sort of commercial enterprise entity. An agency is owned by its shareholders while a business enterprise may be owned both by the enterprise proprietor in full (sole proprietorship), numerous people (partnership), or others (shareholders).
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net operating income ÷ average operating assets = multiple choice question. margin turnover residual income return on investment
The correct option is (d). Net operating income ÷ average operating assets = return on investment.
A ratio between net income and investment is known as return on investment or return on costs. A high ROI indicates that the returns on the investment outweigh the costs. ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of multiple distinct investments.
The net profit (or loss) from an investment is divided by the investment's cost to calculate the return on investment. The fact that it is expressed as a percentage allows you to contrast the efficiency or profitability of various investment options.
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HELP ASAP
Why is it a good idea to shop around before purchasing an auto insurance policy?
A. Not all companies offer the same types of coverage.
B. Many companies make misleading claims about the coverage they provide.
C. There are dozens of companies to choose from and the rates charged vary widely.
D. It helps people secure an auto insurance policy for the next 5 to 10 years.
pls helppp
What is another name for an emergency fund?
A. 401(k)
B. Long tern debt
C. take home pay
D. a rainy day fund
Answer:
D. a rainy day fund
Explanation:
stakeholders include those affected by the result of the project, but not those affected by the process of performing the project. group of answer choices true false
The given statement is false that stakeholders include those affected by the result of the project, but not those affected by the process of performing the project.
A stakeholder is a party who has an interest in a company and can influence or be influenced by it. A typical corporation's primary stakeholders are its investors, employees, customers, and suppliers. However, as corporate social responsibility has gained prominence, the concept has been expanded to include communities, governments, and trade associations
Stakeholders can be both internal and external to a company. Internal stakeholders are individuals who have a direct interest in a company, such as employees, owners, or investors. External stakeholders are those who do not directly work for a company but are affected in some way by its actions and outcomes. External stakeholders include suppliers, creditors, and public groups.
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