A corporation is able to earn profit for the stockholders that it has by:
selling goods at more than costproviding services at more than costWhat is a corporation?This is the term that is used to refer to the businesses that can be referred to as large businesses. They are businesses that have a considerable number of employees in them and are also able to hire staff that is more than that what the little firms can hire.
The goal of the corporation and all business ventures are usually to make profit. This is what would ensure the continuity of the enterprise and also help them to expand.
Hence we can say that A corporation is able to earn profit for the stockholders that it has by:
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Complete question
A corporation earns profits for its shareholders by ______. (Select all that apply.)
A) ensuring revenues are less than expenses
B) selling goods at more than cost
C) issuing stock to them for cash
D) providing services at more than cost
General-purpose financial statements are the product of:____.
a. financial accounting.
b. managerial accounting.
c. both financial and managerial accounting.
d. neither financial nor managerial accounting.
General-purpose financial statements are the product of: both financial and managerial accounting.
What is the definition of general purpose financial statements?The general definition of financial statements is to provide information about the effects of operations, financial position, and cash flows of an organization. This information is employed by the readers of financial statements to make judgments regarding the allocation of resources.
What are the three general objective financial statements?
The balance sheet, income statement, and cash flow information each offer unique pieces with information that is all connected. Together the three statements give a comprehensive portrait of the company's working activities.
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The main objective of value chain analysis is to identify stages of the value chain where the firm can:__________
A value chain is a methodical corporate strategy for taking a good or service from conception to completion.
A value chain is what?
A value chain is a business strategy that lists every step taken in the creation of a good or service. The procedures that take a product from conception to distribution, as well as everything that occurs in between, such as acquiring raw materials, carrying out manufacturing duties, and engaging in marketing activities, are all included in a value chain for organizations that create things.
A firm analyzes its value chain by analyzing the specific processes involved in each stage of its operations. A value-chain analysis' goal is to boost production efficiency so that a business can provide the most value for the least amount of money.
Value chains assist businesses in being more efficient so they can provide the most value for the least amount of money.
A value chain's ultimate objective is to give a business a competitive edge by boosting productivity and controlling costs.
The five major activities and four supporting activities of a corporation are examined under the value-chain theory.
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As a result of relationship marketing, customers experience specific relational benefits. these include?
As a result of relationship marketing, customers experience specific relational benefits such as :
1)It may improve how you interact with customers.
2)It becomes simpler to produce more recommendations to qualified leads when two-way contact is established for helpful client feedback.
3)You'll have a deeper comprehension of what your clients need.
4)You'll find it helpful in developing new business (and product/service) ideas.
5)It helps your company stand out from rivals.
6)You can encourage loyalty.
7)Ultimately, cross-selling and upselling can increase your revenue.
Relationship Marketing: Relationship marketing refers to techniques used by businesses to create enduring bonds with their clients. You want to build a loyal consumer base rather than concentrating on one-time sales.
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_______the real cost of government goods and services is? a. money. b. taxes. c. the private goods and services foregone. d. inflation.
Terms in this group (80) The private goods and services forgone represent the true cost of government goods and services.
What are goods ?Goods are any products, raw resources, or consumables that are sold to customers, businesses, or governmental organizations.
Services are tasks carried out for the benefit of the recipients, whereas goods are physical commodities offered to clients. Automobiles, home products, and apparel are a few examples of goods. Legal counsel, housekeeping, and consulting services are a few examples of services.
Normal goods, inferior goods, and Giffen goods are the three categories into which economists divide products.
The supply and demand in an economy play a big role in determining the prices of commodities. Private goods, common goods, club goods, and public goods are the four different categories of products.
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Microeconomics includes the study of a? a firm's pricing policies b inflation. c business cycles. d unemployment.
pricing practises of a company.
Business cycles, unemployment, and inflation are all a component of macroeconomics.
What does studying microeconomics entail?Microeconomics is a subfield of economics that examines how homes, people, and businesses behave within an economy. Macroeconomics, which examines the economy as a whole, is separate from microeconomics.
Microeconomics examines how people and businesses decide how to distribute their resources for consumption, exchange, and production. Macroeconomics is the study of economy-wide aggregates, whereas microeconomics focuses on pricing and output in individual markets as well as the interplay between different markets.
Scarcity, demand and supply costs and advantages and incentives are four fundamental economic ideas that may be used to explain a variety of human actions.
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Management disclosure of the likely impact of implementing recently issued accounting standards is least likely to:_____.
Management disclosure of the likely impact of implementing recently issued accounting standards is least likely to state that the impact of the standard is impossible to determine.
What is management disclosure?Everything needed for internal organization and maintenance of the financial disclosure process inside your organization is included in disclosure management.
For instance, the Securities and Exchange Commission (SEC) filings are a standard obligation for public companies in the US. A lot of attention is paid to those reports. It's imperative to get everything perfect because any mistakes could have serious repercussions.
Financial statement production is only one aspect of disclosure management. Regulatory filings also need to include narrative justification. The story behind the data must be revealed by management.
As a result, disclosures are a little more complex than internal financial reports. Further complicating matters are other regulatory requirements, such as the need that filings be made in XBRL format.
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in the case of post-it notes, the primary strategic process described came from which of the following?
For post-it notes, planned emergence was the main strategic process that was described.
So, it can be concluded that the primary strategic process came from planned emergence. The product was developed over several years by Arthur Fry and Spencer Silver as an emergent process utilizing a "bottom-up" strategy to persuade more senior management of the idea's viability.
The methods, tools, and theories of traditional planned company strategy are heavily emphasized in your studies of business management and strategy. Planned strategy is built on a structured procedure for establishing company goals and creating a cohesive business plan intended to meet those goals with the resources at hand. Consequently, planned strategy refers to the official corporate planning procedure.
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If a serving of a canned pasta product provides 10 to 19 percent of the dv, it is therefore ________ source of the nutrient.
If a serving of a canned pasta product provides 10 to 19 percent of the DV, it is therefore a good source of the nutrient.
The percent Daily Value (%DV) of a food shows how much of a nutrient in a serving of food contributes to a total daily diet of a person. The the percent of the DV can help you determine if a serving of food is high or low in a nutrient.
The Daily Values are considered as the reference amounts, which are expressed in milligrams, grams, or micrograms of nutrients to consume or not to exceed each day. Thus, per FDA regulations, manufacturers can claim a food is a good source of something if it contains 10-19% of the DV.
Hence, the food is high in a nutrient if it contains 20% of more of the DV for that nutrient.
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An enhancing qualitative characteristic of accounting information that allows users to better understand similarities and differences in the financial reports across different companies is called:_______
We can actually deduce here that an enhancing qualitative characteristic of accounting information that allows users to better understand similarities and differences in the financial reports across different companies is called: Comparability.
What is accounting?Accounting is actually known to be the measurement and processing that is carried out on financial and non-financial information of economic entities.
Businesses and corporations are known to carry out accounting activities. It helps them ascertain their financial strength and progress.
The above answer is actually comparability. Comparability in accounting is an enhancing qualitative characteristic of accounting information that allows users to better understand similarities and differences in the financial reports across different companies.
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Which act prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit?
An act that prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit is the Sarbanes-Oxley Act of 2002. Thus the correct option is B.
What is a Financial statement?The financial statement of a business is referred to as a written document that is prepared by the business to evaluate the profit and loss of the organization and check its performance and understand its position in the market.
Federal legislation known as the Sarbanes-Oxley Act of 2002 formed extensive financial and auditing standards for public firms. As a consequence of this law, external auditors are not allowed to provide public firms with several types of non-audit services.
Therefore, option B is appropriate.
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The complete question is
Which act prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit?
The Securities Exchange Act of 1933
The Sarbanes-Oxley Act of 2002
The Securities Exchange Act of 1934
The Dodd-Frank Act of 2010
Personal property are and are held either to consume and use or to generate a return or income as an investment. an example of personal property is:_______
Personal property is and is held either to consume and use or to generate a return or income as an investment. an example of personal property is possessions
This is further explained below.
What is personal property?Generally, A person's personal property includes all of their possessions, with the exception of real estate.
This includes any and all of your moveable possessions, such as clothes, jewelry, any and all of your household goods and furniture, and anything else that is not permanently tied to a stationary place, such as your home. This also includes any and all other material commodities.
In conclusion, Personal property is either owned for the purpose of consuming and using it, or for the purpose of making a return on the investment in the form of income.
Examples of personal property include things like furniture and art.
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Question content areathe point of zero profit is called the:_______
a. break-even point.
b. profit-volume point.
c. target-profit point.
d. contribution-margin point.
Question content is the point of zero profit is called the break-even point.
What is the break-even point?The break-even point (BEP) or break-even level denotes the volume of sales necessary to cover all costs, which include both fixed and variable costs to the business, in either unit (quantity) or revenue (sales) terms. At break-even, there is no overall profit. A company can only break even if its sales are more expensive than its variable cost per unit. This indicates that in order for the corporation to recover the initial cost of the good or its components, the selling price of the good must be greater (variable and fixed costs). The business can begin turning a profit after they surpass the break-even pricing.
One of the most often used financial analysis concepts is the break-even point, which is not just useful for economists but can also be used by business owners, accountants, financial planners, managers, and even marketers. All aspects of a firm can benefit from break-even points since they enable staff to define necessary outputs and work toward achieving them.
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A company's triple bottom line represents which aspects?
a. profit planet
b. people privacy
c. politics
d. production
A company's triple bottom line represents aspects profit planet, people privacy and production.
What is production?Several material and immaterial inputs are integrated during the production process to produce something that is intended for consumption. It involves creating an output, a good or service that has value and improves the utility of individuals.
Production, in a manufacturing process, is the process of changing raw materials or inputs into finished objects or products. In other words, it describes the process of building something from nothing. A good example of production is the creation of furniture. One instance of production is gathering corn for human consumption. An example of production is the amount of grain produced.
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Abburi Company's manufacturing overhead is 40% of its total conversion costs. It direct laboris $63,600 and if direct materials are $23,800,the manufacturing overhead is:_________
It direct labor is $63,600 and if direct materials are $23,800,the manufacturing overhead is:$25,440
What are conversion costs of production?
Conversion costs are costs of labor incurred and other related expenses incurred in a bid to transform raw materials to finished goods, the only conversion costs in this case is direct labor, which is $63,600, in other words, the Abburi Company's manufacturing overhead is 40% of direct labor costs
manufacturing overhead=40%*direct labor costs
direct labor costs=$63,600
manufacturing overhead=40%*$63,600
manufacturing overhead=$25,440
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5. individual problems 9-5 describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which should take longer to reach the long-run equilibrium? in the short run, both monopolists and competitive firms earn positive economic profits. in the long run, can earn a positive economic profit. true or false: the adjustment to long-run equilibrium takes the same amount of time for monopolies and competitive industries. true false
False, In the short run, both monopolists and competitive firms earn positive economic profits.
In the long term, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, homogeneous products. Firms experience no barriers to entry monopolists and every one consumer has perfect information. Equilibrium in perfect competition is that the point where market demands are going to be adequate market supply.
A firm's price is going to be determined now. Within the short run, equilibrium is going to be full of demand. within the future, both demand and supply of a product will affect the monopolists equilibrium in perfect competition. The long-run supply curve in an industry during which expansion doesn't change input prices (a constant-cost industry) could be a horizontal line.
The long-run supply curve for an industry within which production costs increase as output monopolists rises (an increasing-cost industry) is upward sloping. The existence of high barriers to entry prevents firms from entering the market even within the long‐run.
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Capital asset pricing theory asserts that portfolio returns are best explained by:_________
Capital asset pricing theory asserts that portfolio returns are best explained by systematic risk.
What is the capital asset pricing theory ?The capital asset pricing theory is a theory that is used to determine the returns on a portfolio. According to the capital asset pricing theory, portfolio return is a function of the beta of a stock, risk free rate and the market premium.
Rp = risk free rate + (beta x market premium).
Where: Rp is the return of the portfolio
Beta is used to measure systematic risk. Systemic risk are the risks that are inherent in an economy and they cannot be diversified away. The higher beta is, the higher the return of the portfolio.
Here are the options:
:A. economic factors.
B.s pecific risk.
C. systematic risk.
D. diversification.
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Yvonne earned $75,000 and paid $4,500 of income tax; jasmine earned $43,000 and paid $3,000 of income tax. the tax rate structure they are subject to is?
Yvonne earned $75,000 and paid $4,500 of income tax; jasmine earned $43,000 and paid $3,000 of income tax. the tax rate structure they are subject to is Regressive.
Regressive taxes are those whose average tax burden decreases as income rises. Low-income taxpayers bear a disproportionately big amount of the tax burden, while middle- and high-income taxpayers bear an inequitably small portion.
Knowledge of Regressive TaxesBecause regressive taxes are applied consistently to all circumstances, regardless of the taxpayer, they have a greater negative impact on low-income individuals than they do on high-income individuals. Taxing everyone at the same rate is viewed as unfair in some situations, despite the fact that it may be reasonable in others. While other forms of taxes are applied evenly, most income tax systems use a progressive schedule that taxes high incomes at a greater percentage rate than low ones.
We pay some taxes that are seen as regressive taxes even though the United States has a progressive income taxation system, which means higher income earners pay a higher percentage of taxes each year compared to those with a lower income.
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In the b2b space, many buying decisions are made purely on price. This is because when the product is an input to the buyer’s outputs, and is this a production cost, it affects the business’s profit. True or false?.
Many purchases in the business-to-business (B2B) sector are made solely based on pricing. This is due to the fact that when a product has a manufacturing expense and also an input to the buyer's outputs, it impacts the profitability of the company is a True Statement.
Electronic commerce (e-commerce) which is "business-to-business" (B2B) involves the exchange of goods, services, or information between businesses rather than between businesses and customers (B2C). A business-to-business transaction takes place between two organizations, such as wholesalers and internet merchants.
One business frequently sells components or supplies to another in a business-to-business transaction. A tire maker, for instance, may sell goods to a car manufacturer. Wholesalers that sell their goods to retailers who subsequently resell them to customers are another example.
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Actual overhead costs may not be proportional to the actual amount of the allocation base used because ______.
Actual overhead costs may not be proportional to the actual amount of the allocation base used because of 2 Reasons aforementioned.
Many of the real overhead expenses are set.Spending on overhead may not be under control.In the world of business, a continuing cost of running a company is referred to as overhead or overhead charge. Unlike operating expenditures like as raw material and labour, overheads cannot easily be attributed to or associated with any one revenue unit.
Few of instances of overhead expenses.Rent Insurance.Office equipment.Travel.Advertisement costs.Legal and accounting costs.Wages and salaries.Utility chargesTo Learn more about Overhead Cost, Click the links.
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Kroger grocery stores have an in-house brand for many products, including butter, ice cream, salad dressing, and cheese,. this is an example of:______.
Kroger grocery stores have an in-house brand for many products, including butter, ice cream, salad dressing, and cheese,. this is an example of: A line filling Strategy
What is meant by line filling strategy?Line-filling tactics entail adding more goods to an existing product line in order to capitalize on market inefficiencies and lessen competition. Many companies use line filling to complete an already comprehensive product line and to boost the commercial success of new, closely related products.
the act of expanding a product line with new items to make it more comprehensive: Having a full line requires having everything from a calls-only phone to a smart phone that can compete with a netbook in terms of performance.
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If carleete wants to describe the layers of the skin to the audience, she should use the __________ strategy.
The correct answer is spatial.
The various claims on space made by the state, market, and community are reconciled through spatial planning.
What is a strategy for spatial development?Spatial Development Strategies are created by a combined authority or an elected mayor. They offer strategic guidelines for land use and development in the region they serve. An example of a spatial development strategy is the London Plan.
Why is a spatial plan crucial?By establishing more stable and predictable conditions for investment and growth, assuring community benefits from development, and encouraging the wise use of land and natural resources for development, spatial planning is essential for providing economic, social, and environmental advantages.
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Which phase of the accounting process involves recognizing the effect of transactions on assets, liabilities, owner's equity, revenue, and expenses of a business?
Recognizing the effects of transactions on assets, liabilities, owner's equity, revenue, and expenses of a business is the processing function.
What is Accounting cycle ?Understanding the eight-step accounting cycle is crucial for all different types of bookkeepers. It breaks out the whole scope of a bookkeeper's responsibilities into eight major sections.
Technology-based tools and accounting software typically automate many of these activities.
On the other hand, for small business accountants working on the accounts with little technology help, knowledge of and use of the manual processes might be crucial.
A process called the accounting cycle is designed to assist business owners in keeping track of the financial accounting of their activities.
Typically, an accounting cycle has eight phases.
Business owners receive comprehensive financial performance reports at the end of the accounting cycle, allowing them to evaluate their company.
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A tire with lower than specified inflation pressure could lead to what condition?
A tire with lower than specified inflation pressure could lead to reduced tire life and fuel economy so D. All of the above.
What can a lower than specified inflation pressure lead to?When a tire is not inflated to the pressure that it is meant to be inflated to, it can lead to reduced tire life because the tire would not adequately handle to weight of the car.
Fuel economy would then reduce as the tires demand more energy to compensate and this can increase the chances of tire faults and other faults that can lead to accidents.
Options include:
a. Reduced fuel economyb. Reduced tire lifec. Increased chances of roadside faults or accidentsd. All of the aboveFind out more on tire pressure at https://brainly.com/question/14640037
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One part of a marketing plan should identify what to do if things go wrong. this section is called ________ planning.
A marketing strategy should include a section that details what to do in case of emergency. this section is called contingency planning.
What is contingency planning?
A contingency plan, sometimes known as Plan B informally, is a strategy developed to deal with a situation that is not anticipated in the regular (expected) plan. It is widely used in risk management when there is a rare risk that, while unlikely, has the potential to be terrible.
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The failure to properly record an adjusting entry to accrue a revenue item will result in an.
The failure to properly record an adjusting entry to accrue a revenue item will result in an understatement of revenues and an understatement of assets.
Revenues is the overall amount of profits generated with the aid of the use of manner of the sale of goods and services associated with the number one operations of the monetary corporation. Business profits can also be known as earnings or as turnover. A few companies receive sales from interest, royalties, or excellent charges.
The crucial income definition is the general amount of cash delivered in with the useful aid of a commercial enterprise agency's operations, measured over a fixed quantity of time.
An organization's revenue is its gross profits earlier than subtracting any expenses. Earnings and normal earnings outline earnings—it's far the monetary gain through profits and/or offerings rendered.
Revenue, in economics, the earnings that a company receives from the sale of an amazing or service to its clients.
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The ________ function calculates the current value of an investment given a fixed discount rate.
The Excel NPV function is a financial function that calculates the net present value (NPV) of an investment using a discount rate and a series of future cash flows.
How do you calculate NPV using Excel? The Excel NPV function is a financial function that calculates the net present value (NPV) of an investment using a discount rate and a series of future cash flows.Excel has an in-built NPV function with the following syntax: NPV(rate, value1, [value2]The current value of an investment Keywords:Net present value (NPV) can help companies determine the financial viability of a potential project.It's especially useful when comparing more than one potential project or investment.NPV is an essential tool for corporate budgeting.You can use Excel to calculate NPV instead of figuring it out manually.An NPV of zero or higher forecasts profitability for a project or investment; projects with a negative NPV forecast loss.
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.
In 2021, the maximum contribution that an individual who earns $1,000 can make to an ira is:________
a. $1,000
b. $4,000
c. $5,000
d. $6,000
The correct answer is (a) $1,000.
In the United States, an individual retirement account is a type of pension offered by several financial companies that offers tax benefits for retirement savings.
ExplanationThe maximum individual IRA contribution for 2021 is the lesser of 100% of income or $6,000 per person. The maximum donation allowed is $1,000 due to this person's $1,000 annual income. Of course, if a person only makes $1,000 a year, they most likely don't have enough money to pay their bills and they most likely don't have any extra money to put into an IRA, but that is not the question.
What is IRA?You may save money for retirement tax-advantageously with an individual retirement account (IRA). An IRA is a financial institution-created account that enables someone to save for retirement while earning tax-free growth or on a tax-deferred basis.
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Which of the following is the goal of the finance department?
Determining the use of company resources and funds
Determining the use of company resources and funds
Producing goods in the most efficient and cost-effective manner
Producing goods in the most efficient and cost-effective manner
Setting prices high enough to make profit but low enough to attract customers
Setting prices high enough to make profit but low enough to attract customers
Motivating employees and focusing on cooperation within the business
Motivating employees and focusing on cooperation within the business
Option D) Determining the use of company resources and funds, is the goal of the finance department.
The number one motive of a marketing strategy is to establish your plans for the future. those plans ought to consist of goals or milestones alongside specified steps of the way your business enterprise will reach every step. The process of making a roadmap to our dreams will help us determine your business consciousness and pursue an increase.
The intention of finance department management is to maximize shareholder wealth. For public companies that is the inventory rate, and for personal corporations that is the market value of the owner's equity.
The primary cause of writing a marketing strategy is to test the viability of the commercial enterprise concept and set a direction for the entrepreneur to observe. A marketing strategy permits bank loans and traders to gain a perception of the business idea and determine the economic necessities
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Disclaimer:- your question is incomplete, please see below for the complete question.
A) Setting prices high enough to make a profit but low enough or attract customers.
B) Motivating employees and focusing on cooperation within the business.
C) Producing goods in the most efficient and cost-effective manner.
D) Determining the use of company resources and funds.
In the ambidextrous firm, if managers direct their efforts primarily at ________, they are likely to miss out on promising business opportunities
The answer is :- alignment
In the ambidextrous firm, if managers direct their efforts primarily at alignment, they are likely to miss out on promising business opportunities.
What does "ambidextrous organization" mean?An ambidextrous organization is one that pursues expansion by dividing the personnel in charge of running a core business from those that investigate new market niches.
It has three distinctive qualities. First, the senior management should hold a shared vision for the company's success. Second, a separate business entity that is in charge of discovering new market sectors. Third, systems that make it possible for the explore unit to access the resources of the main business so that it can grow more quickly than a startup.
A company that manages its primary business differently from its exploration business is said to be ambidextrous.
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The field of economics that deals primarily with the factors that determine wage rates, employment, and unemployment is called?
Business Economics is the field of economics that deals primarily with the factors that determine wage rates, employment, and unemployment
It is a field of both business and economics that deals with both the micro and macro aspect of the economics with the mix of the management involved in it.
It involves both the wage rates and employment and unemployment issues with the business activities and the management at all levels to consider the policies and procedures to be implied in the organisation. It also decides the income and wage expansion accordingly.
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