why would it probably be a surprise to a stockbroker when a stock is priced very low and then goes on to increase in value quite suddenly?

Answers

Answer 1

Answer:

Well, it started low and suddenly started to go up. It's something that just isn't expected especially in stocks.


Related Questions

In Chapter 10, Persuasive Messages, you're learning about tone, style, and the key parts of persuasive messages. This week's discussion is all about the sample messages in Chapter 10, because there is a great deal to be learned from examples in writing.

Monday–Wednesday: Please discuss the messages in Figures 10.2 and 10.3.

Answers

Answer:

Explanation:

Step 1/2

Step 1:

The components of a convincing message:

The core idea of a captivating message today is one that engages, informs, manages to convince, or motivates. Reason and passion are commonly contrasted in conversations of advertisements. The elements of ethics (validity), drama (energy and excitement), and logos are present in every communication (rational and logic).

Explanationfor step 1

Persuasion, which is generally a system of communication, is the process of trying to persuade someone to change their mind or build a new mental image in order to modify their behavior. The method or route by which a signal is sent from its source to its recipient.

Step 2/2

Step 2:

Subject line:

Users perceive the subject line with the first short statement following the user's name in emails they receive from you. Once an email enters your mailbox, its first three things you saw at hitting view are also the user's profile, the balded text, and the previewing text.

Best Practices for Email Subject Lines:

1. Take notes from effective email subject field samples.

2. Be succinct and to the point.

3. Use a well-known sender name.

4. Avert using the "no-reply" sender name.

5. Use tokens for customization.

6. Split up your listings.

7. Make no fictitious promises.

8. Do divulge the contents to them.

Explanationfor step 2

Great subject lines are frequently intimate or descriptive and encourage readers to read your content. Any strategy you use, it's essential to keep your impact on the readers. Test out a variety of terms and expressions to determine which ones they favor.

Final answer

Note:

Learning very much about appeal will benefit you because it will make it easier for you to accomplish your objectives. Nothing more complex than that is involved. This logic also makes the underlying premise that there are tried-and-true persuasive theories that can then be studied and effectively used.

What kind of risks can exist in a business?

Answers

Answer:

Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.

Explanation:

1 pts
If Maria can produce more output from a set amount of resources than Lance, _____ has a(n)
advantage.

Answers

Maria has an absolute advantage.

What is absolute advantage?

A person has absolute advantage in the production of a good or service if he produces more quantity of a good when compared to other people using the same or similar production resources. The concept of absolute advantage was introduced by Adam Smith, a Scottish economist in 1776 when he used it in the context of international trade.

For example, let's assume that Maria can produce 100 cobs of corn on 1 acre of farmland and Lance can produce 10 cobs of corn on 1 acre of farmland. Maria has an absolute advantage in the production of corn because she produces more quantities of corn when compared with Lance.

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1. Deceitful Dad promises to take Sammy Son to the store to purchase a video game over the weekend. Deceitful Dad has promised to do this multiple times, and never follows through. Sammy Son has had enough and writes a contact between Deceitful Dad and Sammy Son. Both parties sign the agreement and it is notarized. Deceitful Dad, despite the contract, fails to follow through once again. Can Sammy Son seek damages under the contract? Why or why not? Would the result be different if Sammy Son paid Deceitful Dad $15.00 to take him to the store?

Answers

Answer:

Explanation:

No, I don't think so. It's not serious, and if Deceitful Dad makes it up and Sammy Son accepts the apology, then no charges will be pressed. Also the result might be different, but it's in his name, it's in his nature to lie, so Deceitful Dad might accept the 15 dollars first and not take him at all (basically, he could scam Sammy)

Frank Petronick decided to start an accounting practice after graduation from college. The following is a list of events that occurred concerning Frank’s practice.
June 1: After shopping around, Frank found an office to lease and signed a lease agreement. The lease calls for a payment of $1051 rent per month.

June 4: Frank borrowed $3840 from his grandmother to assist in starting up his new business

June 4: deposits the $3840 plus $534 of his own cash in a new bank account at BMO under the name Petronick Accounting Services.

June 6: Paid the landlord the first month’s rent.

June 8: purchased furniture for $3290 on account

June 11: moved into the office and obtained the first assignment from a client to prepare year end financial statements for $1868

June 15: Performed the work on the assignment and sent an invoice to the customer for $1868

June 15: Paid half of the amount of the June 8 purchase of furniture

June 18: Purchased supplies on account for $339

June 26: paid for internet services, $53 cash

June 28: collected $903 of June 15 billing to the customer

June 30: withdrew cash from the business of $135 for personal expenses

A) prepare a tabular analysis of the effects of the above transactions on the accounting equation.

Answers

A tabular analysis of the effects of the transactions on the accounting equation is as follows:

Transaction Date   Assets             =    Liabilities           +    Equity

June 4                    $4,374                     $3,840                    $534

June 6                    -$1,051                                                  -$1,051

June 8                   $3,290                    $3,290

June 15                  $1,868                                                   $1,868

June 15                 -$1,645                    -$1,645

June 18                    $339                       $339

June 26                    -$53                                                      -$53

June 28                   $903 - $903

June 30                  -$135                                                     -$135

Balance               $6,987             =     $5,824           +       $1,163

What is the accounting equation?

The accounting equation is a mathematical statement that shows that the assets are equal to the liabilities and equity given each business transaction and at the end of the accounting period.

For instance, the assets of Petronick Accounting Services at the end of June are equal to its liabilities plus equity.

At each date that a transaction occurs, the accounting equation remains in balance.

Transactions Analysis:

June 4 Cash $4,374 Loan Payable $3,840 Common Stock $534

June 6 Rent Expense $1,051 Cash $1,051

June 8 Office Furniture $3,290 Accounts Payable $3,290

June 15 Accounts Receivable $1,868 Service Revenue $1,868

June 15 Accounts Payable $1,645 Cash $1,645

June 18 Supplies $339 Accounts Payable $339

June 26 Internet Services $53 Cash $53

June 28 Cash $903 Accounts Receivable $903

June 30 Withdrawal $135 Cash $135

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The downtown Kingston and Saint Andrew Centre were built for $400 million JAD in 2010 (Reid, 2012). The Centre is owned by the Jamaican Urban Development Corporation (UDC) and was formerly managed and operated by the Kingston and Saint Andrew Municipal Corporation (KSAMC) (Reid, 2012). Built as a multipurpose bus and taxi part the centre’s main function was to alleviate traffic congestion in downtown Kingston, especially in the parade area. The centre has become dilapidated and unmanageable due to a lack of usage by transport operators, commuters, implementation, enforcement, and a failure to have an effective transportation policy (Teachdem. n.d.).
Why was this project done and who are the main stakeholders? Which stakeholder (s) benefited from the project, and which did not? Who should be held accountable for this project?

2. Outline a detailed approach to successfully manage a similar project in the future. (Hint: Place special emphasis on stakeholders, risks, and scope).

3. Was this project successful in delivering value to Jamaica? Critically explain your answer.

4. Identify the main reasons for the project’s failure.

Answers

When a project reaches its goals and lives up to or above stakeholder expectations, it is deemed successful.

Who are the stakeholders ?

People who are stakeholders in your project are those who are interested in it or care about it. They are the individuals who actively participate in the project's work or who stand to gain or lose from the project. Motorists are stakeholders who benefit when a project to add lanes to a highway is managed. However, you have a detrimental impact on people who live close to the highway both during construction (because to the noise) and after (due to the long-lasting effects) (increased traffic noise and pollution).

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common size statemnts are presented as percentages to promote comparisons between different size companies

Answers

This statement is True that common size statements are presented as percentages to promote comparisons between different size companies .

What are common size financial statements ?

Items are shown as a percentage of a common base amount, such as total sales revenue, in a financial statement of common size. This kind of financial statement makes it simple to compare one company to another or different time periods within the same company. However, any comparison could not be true if the organizations employ various accounting systems.

Total sales revenue is the usual metric used in the examination of an income statement of a typical size. The calculation of the common size percentages shows each line item as a percentage of the average amount or revenue.

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Complete Question - Common size statements are presented as percentages to promote comparisons between different size companies. This statement is True or False

Wiley Company had total revenues of $360,000 for a recent month. During the month the company incurred operating expenses of $246,000 and purchased land for $66,000. Compute the amount of Wiley’s net income for the month.

Answers

Wiley Company's net income for the month is $114,000.

What is the net income?

The net income is the difference between the total revenue and the total expenses.

The total expenses include direct and indirect costs.

Direct costs are also called marginal, variable, or differential costs because they vary according to the output level.  Examples of direct costs are direct materials, direct labor, variable overheads, or cost of goods.

The indirect costs are called fixed costs and do not change based on the output level. Some of the fixed costs include rent expenses, insurance expenses, property taxes, and factory equipment depreciation.

Data and Calculations:

Total revenues of $360,000

Total operating expenses of $246,000

Net income for the month = $114,000 ($360,000 - $246,000)

Thus, Wiley Company's net income for the month is $114,000.

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What are some advantages and disadvantages for
small U.S. businesses competing in
today's global markets?

Answers

Some advantages of small U.S. businesses competing in today's global markets include the following: Access to New Customers; Lowering Costs and Diversification of Business Risk.

These are advantageous in the sense that the projections suggest that, within a few years, the total dollar value of trade across national borders will be greater than the total dollar value of trade within all of the world’s countries combined.

However, the disadvantages for small U.S. businesses competing in today's global markets are political risk; Economic Risk; and cultural risk.

What is a global market?

Global market is the market in which goods and services of one country are traded to people of other counties. Global market trends is a market that implies the exchange of goods and services between people located in different areas of the globe.

Therefore, the advantages include access to new customers, lowering costs, and diversification of business risk. However, the disadvantages include political risk, economic risk, and cultural risk.

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Do you have what it takes to be an entrepreneur?​

Answers

Answer:

i think so but im not sure i think i would make a great one

Is great profit or nay profit more important to consider when your deciding how successful and profitable a company is

Answers

Yes, gross profit or net profit is important in considering if your company is successful and profitable. The main of a business within an economy is to earn profit from its operations and activities.

Net profit is the quantity of money your business earns after deducting all operating, interest, and tax fees over a given period of time. to reach at this cost, you need to recognize a business enterprise's gross profit. If the value of internet income is bad, then it's far known as internet loss.

How do you calculate your net profit?

Net profit is gross earnings minus operating expenses and taxes. You may also consider it as general profits minus all expenses.

What is net profit also referred to as?

Synonymous with internet income, net profit is a business enterprise's general earnings after subtracting all costs. Expenses subtracted consist of the prices of regular business operation as well as depreciation and taxes. Net profit is generally called a business enterprise's “bottom line” and is a true indicator of a business enterprise's profitability.

What's net profit and gross?

Gross earnings suggests how an awful lot money your enterprise makes after meeting a few prices. Net profit indicates how an awful lot you make after assembly all expenses. A business's gross profit is the money it has left after buying the goods and offerings it sold. Its internet income is the cash left after paying clearly all fees and taxes.

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Operating profit is known as​ ________. Question content area bottom Part 1 A. earnings after tax B. earnings after interest and taxes C. earnings before interest and taxes D. earnings before depreciation and taxes

Answers

Operating profit is known as earnings before interest and taxes.

Profit describes the financial gain realized whilst sales generated from a business hobby exceed the prices, prices, and taxes concerned in sustaining the activity in query.

Profit is the money earned with the aid of an enterprise when its overall revenue exceeds its general expenses.

Any profit an organisation generates goes to its proprietors, who may also pick out to distribute the money to shareholders as earnings, or allocate it returned into the business to finance further enterprise increase. The technique of calculating earnings is straightforward: subtract an enterprise’s costs from its overall revenue over a set quantity of time.

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e United States and China each produce steel and toys.

The following are the production possibility schedules for each nation.

Answer the questions below based on the PPF schedules.

China

A

B

C

D

E

Steel

8

6

4

2

0

Toys

0

10

20

30

40













United States

A

B

C

D

E

Steel

16

12

8

4

0

Toys

0

12

24

36

48



Which country has absolute advantage in the production of steel?
Which country has absolute advantage in the production of toys?
Which country has comparative advantage in the production of toys?
Which country has comparative advantage in the production of steel?
If the two countries specialize and trade with each other, which country will import steel?

Answers

8 steel lol pretty sure

An email usually is short in length and very direct.

True or false

Answers

Answer:

True

Explanation:

It should be short not too long so the reader xan read it easier and do not get bored with it. Direct because there is a chance they wouldnt understand you if you give hints, but not direct question/answer etc .

Strategies for managing your time include:

A) turn off your cell phone
B) learn to say no
C) keep track of what distracts or derails you.
D) all of the above

Answers

D. All of the above

These are all very good strategies :)

Answer:

A and C

Explanation:

All are important but these are the TOP

You should know what distracts you and turn off the device, remove things etc..

Hope this helps<3

gaming the gamers case study answers

Answers

Huh? What does that mean

What is organizational structure

Answers

An organizational structure is the process by which the activities of the organization which includes but not limited to  task allocation, coordination, and supervision are directed toward the achievement of organizational set goals.

    Organizational structure influences the actions of the organization and provides the framework on which standard operating procedures and routines rest are developed.

Types of Organizational Structure.

There are four major types of organizational struct and they include the following.

Functional structure. In a functional structure, organizations are divided into specialized groups with specific roles and duties. Divisional structure. In a divisional structure, various teams work alongside each other toward a single, common goal. ...Flatarchy refers to having both a hierarchical structure and a flatter structure that is more flexible, more independent and that is called a flat teamMatrix structure refers to cross-team collaboration and shared resource planning across projects.

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The accompanying table shows the maximum price each person in a small office is willing to pay for a memory foam seat cushion. Since each worker only has one chair, no one wants to buy more than one cushion. Use the table to construct an approximate demand curve for memory foam seat cushions.

Answers

The demand schedule is given below, the quantity demanded of memory foam seat cushions at each price.

Price($)         Quantity Demanded

   19                     1

  15                             2

  12                             3

  10                             4

  8                             5

  6                             6

A diagram definition is a graphic diagram drawing, or plan that explains something by showing how its parts are related to each other. An example diagram is a diagram that shows how all the departments in an organization are connected.

A diagram is a simple drawing, mostly made up of lines, used to explain how a machine works. circuit diagram. You can summarize long descriptions into simple charts and diagrams. Synonyms plan, diagram drawing diagram.

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In 2007, actor George Clooney was hospitalized in New Jersey after a motorcycle accident. When the hospital's privacy officer conducted a privacy audit of the HER, the audit revealed that 27 doctors and other hospital employees not involved in the care had access the record. Within hours, information regarding his hospitalization and condition was published by a pop culture magazine. The access and release of information is a clear HIPAA violation. As an HIM professional, what recommendations would you make to the hospital chief executive officer (CEO) for discipline of:

• The employee(is) who accessed the record to satisfy personal curiosity • The employee(s) who leaked information to the press

Answers

Clooney Shows That Private Medical Information Is Not So Private

A total of 27 employees at a hospital in New Jersey were fired on Wednesday after it was discovered that they had allegedly viewed George Clooney's private medical information while the actor was receiving treatment there following a motorbike accident.

Administrators claimed that none of the four staff who were each suspended for four weeks were treating Clooney, which raised a number of concerns about who can access patient medical records and what safeguards are in place to ensure their privacy.

Clooney and passenger Sarah Larson were hurt after the motorcycle he was operating collided with a car on September 21. They were both brought to Palisades Medical Center in North Bergen, New Jersey. Larson damaged her foot, and Clooney fractured a rib. The confidentiality breach was found, according to hospital management, following a normal audit.

According to Eurice Rojas, the hospital's vice president of external affairs, "we routinely undertake audits to make sure our procedures are safeguarding individuals' rights." "In light of this situation, we immediately started an audit, which prompted [the investigation]." Since 1996, when hospitals first started storing sensitive medical data on computer systems, insurance firms and hospitals have been obligated by federal law to protect the privacy of medical information.

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How can a hotel sales representative identify who is
responsible for purchasing meeting space, banquets,
and rooms for corporate travelers in the corporate
headquarters of an insurance company?

Answers

They accomplish this through lobbying the groups in the market and meeting with the groups that the hotels appear to.

Briefing:-

The dissection might have a convention service branch in addition to the sales function. The information about sales groups visiting the hotel is covered in this section. Convention services would take care of the group's "external" needs, booking requirements, catering needs, and meeting preparations. The hotel sales representative looks after the lodging establishment's needs for promotion and the information obtained from market research. Questions about airfare should be addressed to the sales agent for lodging facilities.

What does marketing lobbying mean?

As was already noted, a lobby is a collection of people or businesses that exerts pressure on public officials. Additionally, it refers to the endeavor to exert influence over others.

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can Woolworths raise extra capital expansion?​

Answers

Woolworths is funded by using WDB Investment Holdings. Woolworths has created a capital expansion aspect via its fantastic logistics systems and fantastically organized providers' contracts, which make sure that items are introduced at the proper time. further, the company makes use of generation to manipulate its supply chain and inventory.

Woolworths said a brand new pricing and fee approach might be implemented to neutralize Coles and include Aldi's effect on Woolworths' income. Measures will include lower pricing, better ranging, the targeted consumer gives the use of a revised and advanced loyalty gadget, and an in-depth strategy for improving its very own brands

Woolworths closed its USA. avenue group stores for four weeks from ceasing of change on Monday, despite the fact that its online business will remain open, Woolworths spokeswoman Kirsten Hewett said on Tuesday. Its small layout stores additionally make it difficult for clients to practice social distancing.Ma

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Are managers actively involved in decision making of Eskimo

Answers

Answer:By involving others in the decision-making process, you create an opportunity for colleagues to share ideas, learn from each other, and work toward a common goal. In turn, you foster collaboration and help break down organizational silos

Explanation:

Answer:

no that are not because manager are the person who make u kick from job

Why is it important to visit Nissan-sponsored and third-party automotive websites?

Answers

Answer: NO DONT VISIT NISSAN, VISIT MCLAREN!

Explanation: MCLAREN > NISSAN

Studies have found a strong relationship between academic dishonesty and

Answers

Answer:

Studies have found a strong relationship between academic dishonesty and dishonesty at work. One way to say this is that the decisions you make when you're younger can often set the trajectory for the decisions you make when you're older.

Victoria works in the human resources department of a small company. The president of the company wants to hire a new employee. What tasks will Victoria most likely need to do so she can find and hire the right person? People in HR careers often have to be empathetic. Describe a time when you showed empathy for someone else. Explain in your own words what empathy means.

Answers

Answer:

Being able to understand and help with another's emotions.

Explanation:

Answer:shes right

Explanation:

In 2010 Casey made a taxable gift of $6.1 million to both Stephanie and Linda (a total of $12.2 million in taxable gifts). Calculate the amount of gift tax due this year and Casey’s unused exemption equivalent under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.)

a. This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made.

Answers

a. Assuming Casey was unmarried in 2015, the 2015 donation would have utilized $1 million of his relevant deduction amount (and paid tax on the gift above 10 million). Casey would have had an unused exemption equivalent to $4.43 million in 2015.

Current taxable gift $1,000,000

prior taxable gift $10,000,000

Cumulative taxable gift $11,000,000

Casey would be eligible for a credit for the tax on the 2010 gift computed using the 2015 tax rate schedule ($3.945,800), and he would utilize a portion of his leftover exemption equal to offset the remaining tax ($400,000) as follows:

Tax on cumulative taxable gift $4,345,800

Less: current tax on prior taxable gift ($3,945,800

Tax on current taxable gifts $400,000

Unified credit on current taxable gifts ($400,000

Gift tax due $0

Take note that Casey is in the highest marginal gift tax bracket, and that $1 million multiplied by 40% equals the gift tax on current donations of $400,000.

b. Casey utilized $1 million of his exemption equivalent in 2010, therefore he would have an unused exemption equivalent of $4.43 million in 2015. This indicates that the exemption equivalent will not cover $570,000 of the present donation ($5,000,000 - $4,430,000 $570,000).

Current taxable gift $5,000,000

prior taxable gift $10,000,000

Cumulative taxable gift $15,000,000

The unused unified credit is computed as the difference between the tax on the whole exemption equivalent and the tax on the utilized exemption equivalent:

Current tax on full exemption $2,117,800

Less: Tax on used exemption equivalent ($345,800)

Tax on current taxable gifts $1,772,000

Tax on cumulative taxable gifts $5,945,800

less: Current tax on prior taxable gift ($3,945,800)

tax on current taxable gift $2,000,000

unused unified taxable gifts ($1,772,000)

gift tax due $228,000

Take note that Casey is in the highest marginal gift tax bracket, and that $570,000 multiplied by 40% is a gift tax on current donations of $228,000. Casey will have no unused exemption equivalents at the end of 2015.

c. Casey and Helen would not owe any tax on their 2015 gifts if they used gift splitting. Casey and Helen will be considered as having contributed a $2.5 million gift each, and both fts will be entitled for an annual exclusion. As a result, Casey and Helen each gave $2,486,000 ($2.5 million - $14,000). Casey utilized $1 million of his exemption equivalent in 2010, thus he would have an unused exemption equivalent of 54.43 million in 2015 (a unified credit of $1,772,000, as computed above). Casey will compute the gift tax on his portion of the gift as follows:

current taxable gift $2,486,000

prior taxable gift $10,000,000

cumulative taxable gift $12,486000

tax on cumulative taxable gift $4,940,200

less: current tax on prior taxable gift ($3,945,800)

tax on current taxable gift $994,400

unified credit on current taxable gift ($994,400

Gift tax due $0

Casey is subject to the highest marginal gift tax rate, therefore the gift of $2.486.000 multiplied by 40% equals the gift tax on current donations of $994,400. Casey would still have an unused exemption equal of $1.944 million at the end of 2015 (5.43 million less $1 million spent in 2010 less 2.486 million utilized in 2015).

Helen will not have to pay any transfer taxes on her gift. Her donation will be tax-free since she has a $5.43 exemption equivalent available in 2015. Helen will have $2,944,000 of exemption equivalent remaining after applying the 2015 exemption equivalent ($5.43 million - $2.486 million)

What is an amount of gift tax due?

In 2021, one may gift $15,000 to another in a year and generally not have to deal with the IRS about it. In 2022, this highest or peak amount that can be gifted is $16,000. If one gift more than $15,000 in cash or assets in a year to another, one needs to file a gift tax return.

Therefore, the correct answers are as given above.

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The complete question goes thus:

In 2010, Casey made a taxable gift of $6.1 million to both Stephanie and Linda (a total of $12.2 million in taxable gifts).

Calculate the amount of gift tax due this year and Casey's unused exemption equivalent under the following alternatives.

1. This year Casey made a taxable gift of $1 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made.

2. This year Casey made a taxable gift of $5 million to Stephanie. Casey is not married, and the 2010 gift was the only other taxable gift he has ever made.

3. This year Casey made a gift worth $5 million to Stephanie. Casey is married to Helen in a common law state, and the 2010 gift was the only other taxable gift he or Helen has ever made. Casey and Helen elect to gift split.

Sheila plans to use the same cover letter and resume for all her job applications so she can quickly apply to multiple jobs at once. What is the main problem with this approach?

A. She may get too many responses.
B. Employers prefer applicants to apply to one job at a time.
C. An error in one application will appear in all the applications.
D. Resumes and cover letters should be customized for each position.

Answers

Sheila plans to use the same cover letter and resume for all her job applications so she can quickly apply to multiple jobs at once. The main problem with this approach is resumes and cover letters should be customized for each position.

A cover letter serves as a company's initial introduction to you as a person.

While your CV will describe your prior job experience and skills, your cover letter will allow you to show recruiters your personal side. Employers get a large number of applications, many of which have similar backgrounds and experience.

A cover letter might assist them to filter down their candidate pool.

It customizes your application.

Even well-written resumes do not allow applicants to demonstrate their writing abilities.

By allowing applicants' characteristics to show through, a cover letter may help them sell themselves.

Recruiters gain an understanding of the individual beyond their professional experience and education.

It also allows them to talk about aspects of their past that may not be directly expressed on a resume.

Your cover letter, like your resume, should be customized to each position and organization.

Use industry-specific language that mentions points from the job description and company website instead of a template-style cover letter.

Hence, the problem is resumes and cover letters should be customized for each position.

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Financial statements of a manufacturing firm

The following events took place for Sorensen Manufacturing Company during January, the first month of its operations as a producer of digital video monitors:

Purchased $230,000 of materials.
Used $165,600 of direct materials in production.
Incurred $414,000 of direct labor wages.
Incurred $165,600 of factory overhead.
Transferred $699,200 of work in process to finished goods.
Sold goods for $1,104,000.
Sold goods with a cost of $621,000.
Incurred $197,800 of selling expense.
Incurred $115,000 of administrative expense.

Answers

The Financial Statements of Sorensen Manufacturing Company for the first month of its operation are as follows:

Sorensen Manufacturing Company

Income Statement

For the month of January

Sales Revenue                    $1,104,000

Cost of goods sold                  621,000

Gross profit                           $483,000

Selling expenses  $197,800

Administrative exp. 115,000  312,800

Net income                         $170,200

Sorensen Manufacturing Company

Balance Sheet

As of January 31

Accounts Receivable/Cash        $1,104,000

Inventory:

Raw materials            $64,000

Work in process         165,600

Finished goods            78,200    $307,800

Total assets                                 $1,411,800

Liabilities:

Accounts payable                       $230,000

Factory Overhead payable             65,600

Selling expenses                            197,800

Administrative expenses                115,000

Total liabilities                             $608,400

Equity:

Net income                                   $170,200

Common Stock                           $633,200

Total liabilities and equity         $1,411,800

Data and Analysis:

Raw materials:

Purchases or raw materials = $230,000

Direct materials used = $165,600

Ending inventory of raw materials = $64,400

Work in Process:

Direct materials used = $165,600

Direct labor = $414,000

Factory overhead = $165,600

Total production cost = $745,200

Finished goods =           $699,200

Work in process inventory = $46,000

Finished goods:

Work in process = $699,200

Cost of goods sold = $621,000

Finished goods inventory = $78,200

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Nearly every business relies on administrative support staff to complete vital tasks.

True

False

Answers

The statement "Nearly every business relies on administrative support staff to complete vital tasks." is True. Option A

This is further explained below.

What is business?

Generally, An organization or entrepreneurial body that engages in commercial, industrial, or professional activity is what we mean when we talk about "doing business."

The Administrative Assistance Assistant is responsible for providing general administrative support to a broad range of academic or administrative units. In conclusion,

This support may include answering phones, greeting/referring/assisting guests, and other similar tasks.

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Victoria works in the human resources department of a small company. The president of the company wants to hire a new employee. What tasks will Victoria most likely need to do so she can find and hire the right person? People in HR careers often have to be empathetic. Describe a time when you showed empathy for someone else. Explain in your own words what empathy means.

pls help soon

Answers

The task that Victoria would have to do so that she can hire the right person would be to interview applicants.

What is empathy?

This is the ability that people would have that would make them to be able to put themselves in the shoes of other people. By this I mean, they would be able to understand the feelings of others and help people to get through whatever they are passing through by showing kindness and understanding and helping in ways they can.

A time when I have shown empathy would be when a friend lost a loved one. I tried as much as I could to render my help to her.

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