A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.
Below, this is further discussed.
Financial statements: What are they?Financial statements, in general, are official records of the financial activity and condition of a company, an individual, or another organization. Structured and simple-to-comprehend presentations of pertinent financial data are made.
In summary, Selecting a base year and then expressing each item according to that sum is a helpful method for standardizing financial reporting.
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Planning involves ______. multiple choice question.
a. motivating employees to achieve results
b. setting goals and tactics
c. measuring the company's actual results
d. monitoring the company's actual results
Apparently, planning involves setting goals and tactics. Planning is a systematic process that identifies the most effective plans and techniques to meet the company's objectives and goals. It often involves forecasting trends. Thus, the answer is letter b.
Planning do not involve motivating employees to achieve results but the setting of strategies on how to motivate the workers is part of it. Employee motivation is not increased by planning though. The leading function of management is connected to the role that management plays in inspiring workers to achieve organizational goals.
Measuring and monitoring the company's actual results are not also part of management's planning, too. These are control process of the management.
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The primary purpose of management is to ______; the primary function of leadership is to ______.
While producing change and movement is the main duty of leadership, maintaining order and consistency is the main goal of management.
Management must ensure that critical obligations are finished efficiently and efficiently (within the satisfactory way possible) (doing the right aspect). planning, organizing, main, and regulating are the 4 fundamental duties that managers must complete as a part of the management procedure. each manager performs planning as their essential management assignment. with out finishing a making plans function, the management can't accomplish another task.The act of motivating and directing a collection or an person to accomplish a task is called management.
Leaders encourage followers to do the stairs vital for fulfillment. gaining knowledge of and growing the applicable skills is vital to grow to be a outstanding chief.
Motivation and path the primary obligation of a pacesetter is to persuade and direct his team and inspire them to paintings hard to acquire the set targets. He must instill a experience of confidence and fervor some of the group individuals.
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The united nations was established by _____ countries committed to preserving peace through economic cooperation and trade support.
The World Trade Organization (WTO) is a global organization with 164 members that regulates international trade. All significant trading economies are now included in the WTO as of Russia's entry in August 2012.
What goals are shared by the WTO and the IMF?A global institution with 190 member nations, the International Monetary Fund (IMF) aims to maintain the stability of the global financial and monetary system. The IMF's mandate includes assisting the growth of international trade in a balanced way, encouraging exchange rate stability, and giving nations the chance to resolve their balance of payments issues in an orderly fashion. In 1945, the IMF was created.
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The adjusting entry for a deferred revenue includes a debit to a(n)___ account and a credit to a(n)_____ account.
The adjusting entry for a deferred revenue includes a debit to a(n) Liability account and a credit to a(n) Revenue account.
What is Deferred revenue ?
On a company's balance sheet, deferred revenue is a liability that represents a prepayment made by customers for products or services that haven't yet been provided.As soon as the product or service is provided to the customer, deferred revenue is recognised as earned revenue on the income statement.The deferred revenue account is used in accordance with GAAP's conservative accounting principles.The business can owe its consumer money back if the good or service is not provided as expected.When a corporation receives an advance payment, deferred revenue is recorded as a liability on the balance sheet. This is so that it can fulfil its contractual commitment to provide the goods or services due to the client.To know more about Adjusting entries visit:
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The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as ____ law. multiple choice question.
The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as contract law.
What is contract law?Contract law can be defined as a set of law that governs oral and written agreements between two or more parties with respect to the buying and selling of goods, services, debt, loans, property, etc.
What is a contract?A contract can be defined as a formally written agreement between two or more parties such as a group of people, team, etc., which primarily gives rise to a mutual legal obligation that is enforceable by law across specific jurisdiction in the world.
The types of contract.Generally speaking, there are different types of contract in business and these include the following:
Fixed-price contractCost-plus contractBilateral contractImplied contractUnilateral contractAdhesion contractUnconscionable contractOption contractExpress contractExecutory contractRead more on a contract law here: https://brainly.com/question/28180355
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The portion of a long-term note that is due and payable within the next 12 months should be reported on the balance sheet as a?
The portion of a long-term note that is due and payable within the next 12 months should be reported on the balance sheet as a "current liability."
What is balance sheet?A balance sheet is a financial statement that shows a company's assets, liabilities, as well as shareholder equity at a given point in time.
Some key points related to balance sheet are-
Balance sheets serve as the foundation for calculating investor rates of return and assessing a company's capital structure.In a nutshell, a balance sheet is a financial statement that depicts what a company owns and owes as well as the amount of money invested by shareholders. Balance sheets can be used in conjunction with other main financial statements to perform fundamental analysis as well as calculate financial ratios. The balance sheet provides an overview of a company's finances at a given point in time. It cannot provide a sense of trends over a longer time period on its own.To know more about the balance sheet, here
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When buying an existing business, it is important to:
Before buying a business, make sure to examine its past few years of financials records.
What does buying an existing business mean?Exactly what it sounds like, purchasing an existing company. Usually, the buyer gains complete control of the company. The biggest benefit is having a pre existing plan that can incorporate crucial elements like a developed client base, specified operating costs, and fully trained workers.
Why you should buy an existing business?There is less risk. Buying an established business is intrinsically less hazardous than establishing one from scratch because it already has goodwill, is operational, has clients and customers, personnel, systems, suppliers, financial history, a location or locations, and you might be able to convince the seller to finance it.
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Accounting and finance is a primary activity in the value chain. group starts
a. true
b. false
Treasury stock should be reported in the financial statements of a corporation as a(n):_______
A corporation's financial statements must include a liability for treasury stock.
A liability is what?
A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.
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In a simple model of the supply and demand for pizza, when buyers' income increases, the price of pizza ______ and the quantity purchased ______.
In a simple model of the supply and demand for pizza, when buyers' income increases, the price of pizza Increases and the quantity purchased increases.
What is the Law Supply and Demand ?
Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand.Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases.According to the law of supply, on the other hand, higher prices tend to increase an economic good's supply while lower ones tend to reduce it.The intersection of the supply and demand curves, which balances supply and demand, is a graphic representation of the market-clearing price.To know more about Supply and Demand visit :
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What is the primary reason for u.s. government bond yields to ripple through the bond market?
The primary reason for U.S government bond yields to ripple through the bond market is because the government bonds form a large proportion of investor holdings and corporate bonds are often priced relative to corporate bonds.
What is the government bond?It refers to the debt security issued by a government to support the government spending and obligations. It can pay a periodic interest payments called coupon payments, issued by the national governments and considered low-risk investments since the issuing government backs them.
In the exchange market, the primary reason for U.S government bond yields to ripple through the bond market is because the government bonds form a large proportion of investor holdings and corporate bonds are often priced relative to corporate bonds.
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People with unsatisfied wants and needs who have both the ability and the willingness to buy are?
The market consists of those with unmet needs and wants who are able and willing to purchase things.
ABOUT MARKET
market, a system whereby commodities and services are exchanged as a result of the presence of buyers and sellers in contact with one another, either directly or through institutions or intermediary agents.
In the strictest sense, markets are locations where goods are bought and sold. The market, however, is no longer a physical location in the modern industrial system; rather, it has grown to encompass the entire geographic region in which vendors compete with one another for clients.
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Managerial accounting is governed by generally accepted accounting principles (gaap). a. true b. false
This is a False Statement.
Generally Accepted Accounting Principles (GAAP) need not be followed by managerial accountants when preparing management reports.
Specifically, management accounting aims to
provide Information for internal Organisation managers providing details to governmental regulating bodiesInformation for shareholders, the accounts payable department, and other parties outside the companyinformation to shareholders, accounts payables, and other parties outside the company, as well as information to management inside the firm.To Learn more about Management Accounting, Click the links.
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Which step is essential for decision-making in a diagnostic process? one, some, or all responses may be correct.
The step essential for decision-making in a diagnostic process Data clustering, Formulating the diagnosis, Identifying patient health problems.
Diagnosis is defined as the process of determining the cause of a patient's symptoms, illness, or injury, and the opinion reached based on that process. An example of a diagnosis is a doctor investigating the cause of a patient's back pain.
The main purpose of diagnostic tests is to identify the disease, its outlook, and how it spreads throughout the body. Diagnostic tests are widely used around the world, primarily to detect diseases, their prospects, and how they spread in the body.
Diagnostic tool for testing DirectX functionality and fixing video or sound related hardware problems.
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The main purpose of the aggregate plan is to specify the optimal combination of what? check all that apply.
The main purpose of the aggregate plan is to specify the optimal combination of Production rate ,Workforce level ,Inventory on hand.
What is Aggregate plan ?
A company can use demand prediction recommendations to conclude its business strategy. An organization can work backward from the ultimate sales unit to the raw materials needed once business strategies are finalized. As a result, requirements for labor, raw materials, working capital, etc. over a medium-term period are divided into annual and quarterly plans (6 months to 18 months). Aggregate planning is the process of determining the production needs for a medium-term.
In order for the company to achieve its long-term goals, aggregate planning is crucial. Planning for aggregates aids in:
Achieving financial objectives through a decrease in overall variable costs and an increase in profitabilityMost use of the production facility that is availableBy matching demand and cutting down on customer wait times, you may please your customers.Invest less in inventory restocking.Able to accomplish scheduling objectives, resulting in a contented and happy workforce.To know more about aggregate plan, visit
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Complete Question :-
The main purpose of the aggregate plan is to specify the optimal combination of what? Check all that apply.
Number of suppliersProduction rateNumber of sales representativesThe best product designWorkforce levelInventory on handWhat is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy?
200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.
LIGHT YEAR: The distance that light travels in one year is said to be a light year. At 186,000 miles (300,000 kilometers) per second and 5.88 trillion miles (9.46 trillion kilometers) per year, light travels through interstellar space.
200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.
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Committee chairs and leadership positions in each house of congress are based on?
To The longest-serving committee members from the majority and minority parties are chosen as the chair and ranking members, respectively. This practice of choosing committee chairmen by seniority is not exclusive, however.
Leadership Roles in each house of congress:
1)The House's speaker.
2)Minority Leader.
3)Majority Leader.
4)Party leaders.
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Science and technology are often blank______ because new advances in one may spawn new advances in the other.
Science and technology are often Tied together because new advances in one can give rise to new advances in the other.
Science and technology:
In order to promote science and technology in the nation, the Department of Science and Technology is essential. More information on scientific teaching, research and development can be found in this section. There are also details of policies, plans, documents and programs for academics, scientists, researchers, students and others.
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A customer has a restricted margin account with $2,500 of sma. the customer wishes to buy $10,000 of a marginable listed stock. the customer must deposit?
If the customer wishes to buy $10,000 of a marginable listed stock. The customer must deposit $3,000.
Given,
Restricted margin account with $2,500 of SMA.
Marginable listed stock of $10,000
So here according to Regulation T requirements, when a customer wants to purchase marginable common stocks, a margin account must have a balance of at least 50% of targeted value of the marginal securities.
So as a result, the customer must deposit half of $10,000 in a margin account, which is $5,000. Thus, the margin account is already been constrained with $2,000.
So, the customer here needs the difference amount between the required balance, $5,000 and the actually restricted balance, $2,000 which is,
$5,000 - $2,000 = $3,000
Hence, in the margin account, the customer must deposit $3,000
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Scientific knowledge and techniques mainly borrowed from the industrialized west are primarily associated with the modernization subprocess of?
Scientific knowledge and techniques mainly borrowed from the industrialized west are primarily associated with the modernization subprocess, big man.
A generalized collection of laws and hypotheses developed using the scientific method and intended to explain a phenomenon or behavior of interest is referred to as scientific knowledge. Theories are methodical explanations of the underlying phenomenon or behavior, whereas laws are recognized patterns of occurrences or behaviors.
The simple element is that scientific knowledge is just "what you know." For example, you might comprehend how and why the water cycle functions, how a soundwave's height determines how loud it is, and how plants use sunlight to produce their food.
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Determine which of these fundamental factors is affecting the cost of money in the scenario described
Time preferences for consumption these fundamental factors is affecting the cost of money in the scenario .
What is the cost of money?
The cost of money indicate to the price paid for using the money, either borrowed or owned. Every sum of money used by corporations bears cost. The interest charge on debt capital and the dividends paid on ownership capital are examples of the cost of money.
What factors affect the cost of money and interest rates?
As they do for any other commodity, supply and demand influences the cost of money. Interest rates are determined by the supply of and demand for money. Inflation, is considered to the supply and demand forces on money.
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Predict the charge on the predominant species of the peptide e−d−k−r−a−s−t at ph 5. 0.
The charges on the predominant species of the peptide e−d−k−r−a−s−t at ph 5. 0. is Zero (0)Charge
This is further explained below.
What is Charge?Generally, Charged material experiences a force when it is exposed to an electromagnetic field due to the physical characteristic of electric charge. You might have a positive or negative electric charge.
Unlike charges attract one another while similar charges repel one another.
In conclusion, At pH 5.0, the charges on the main species of the peptide edkrast are Zero (0)Charge.
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Ending finished goods inventory selling expenses administrative expenses what is the gross profit?
Gross Profit = Revenue - Cost of Goods Sold is the formula for calculating gross profit.
What is Gross profit?Gross profit is the amount of money your company makes after paying its expenses. Your net profit is your earnings after all expenses have been paid. The money that remains after an organization has paid for the products and services it sold is known as gross profit. The amount that is left over after all costs and taxes have been paid is the company's net profit.
The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit.
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In a dna double helix, what kind of chemical bonds form between the complementary nitrogenous bases?.
The type of the chemical bond form between the complementary nitrogenous bases is called hydrogen bonds.
What is the meaning of chemical bond?A chemical bond seems to be what retains atoms in molecules around each other. Electrostatic attraction among positive electrode nucleons and electrons with negative charges produce bonds.
Hydrogen bonds are weak interactions formed when a carbon atom in one molecule interacts with an unpaired electron in another. In a DNA double helix, hydrogen bonds hold complementary base pairs together.
Therefore, it can be concluded that hydrogen bond forms the complementary nitrogenous bases.
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A manager who is fully informed, completely logical, and makes choices that are intended to maximize value is utilizing ________.
A manager who uses rational decision-making is one who is fully educated, entirely logical, and takes decisions that are meant to maximize value.
Rational Decision Making
The antithesis of intuitive decision-making is rational decision-making. It follows a precise process that makes use of logic and objective knowledge. It entails recognizing the issue that has to be resolved, collecting data, locating options and outcomes, analyzing them, taking into account all the connections, and making a decision.
According to the rational choice theory, people employ logical calculations to make rational decisions and arrive at results that are in line with their own personal goals. These outcomes are also connected to maximizing one's own interests. Given the restricted options available to them, using rational choice theory is supposed to produce results that give people the most benefit and satisfaction.
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How long did it take, on average, for credit customers to pay off their accounts during the past year?
28.88 days, on average, for credit customers to pay off their accounts during the past year.
Who is a customer?A customer is essentially the one who pays for the good or service; a consumer is a person who receives the good or service.
By using the formula for Days' sales in receivables
Days' sales in receivables = 365 days / Receivables turnover
Days' sales in receivables = 365 / 12.64
Days' sales in receivables = 28.88 days
Customers of the business settled outstanding balances in 28.88 days on average, as these are considered account receivables and will be paid in a short duration of time.
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The question is incomplete, the complete question will be:
Aguilera Corp. has a current accounts receivable balance of $332,875. Credit sales for the year just ended were $4,207,540.Receivables turnover = 12.64 times
How long did it take on average for credit customers to pay off their accounts during the past year?
Bakers are much likely to supply pastries to the market if property rights are enforced. True or false?.
It is false that bakers are much more likely to supply pastries to the market if property rights are enforced. Bakers are much more likely to supply pastries to the market if property rights are not enforced.
What are property rights?Property rights specify who legally and formally owns resources and how they may be used. These resources might be physical or intangible, and they can be owned by people, companies, or governments.
Private property rights, or the rights of private persons to amass, keep, delegate, rent, or sell their property, are typically exercised by individuals in various nations, including the United States.
The allocation of property rights in a community has an impact on the effectiveness of resource usage since in economics, property rights serve as the foundation for all market transactions. Individuals or small groups of people typically own property.
The use of patents and copyrights to protect the following can expand the rights of property ownership.
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Definition of cooperative society please need answers asap 20 points no bots
Answer:
A cooperative society is a voluntary association that started with the aim of the service of its members. It is a form of business where individuals belonging to the same class join their hands for the promotion of their common goals. These are generally formed by poor people or weaker sections of people in society. Likewise
Explanation:
The demand curve for macadamia nuts is downward sloping. this slope is because consumers maximize their utility and an increase in the price of macadamia nuts leads to?
The demand curve for Macadamia nuts is downward sloping. this slope is because consumers maximize their utility and an increase in the price of macadamia nuts leads to "Macadamia nuts increase the marginal utility per dollar."
What is demand curve?The demand curve depicts the relationship between both the price of a good or service and thus the quantity demanded over a given time period.
Some key points related to demand curve are-
The demand curve would then move downward from left to right, expressing the law of demand—as the price of a given commodity rises, so does the quantity demanded, all else being equal.It is important to note that such a formulation assumes that price is indeed the independent variable and quantity is the dependent variable. Most disciplines place independent variables on the horizontal or x-axis, but economy is an exception.For instance, if a price of corn rises, customers will be incentive to purchase less corn but also replace it for other food products, resulting in a decrease in total corn consumer demand.To know more about the demand curve, here
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Why might incomes of $1 a day and $2 a day underestimate the value of the goods and services that these households actually consume?'
According to the Question, this is because of the following reasons.
Most households living on $1 or $2 a day produce and consume much of their own food and clothing.Low Income Countries
A sovereign state that is considered to be developing has a less developed industrial base and a lower Human Development Index than other nations. This term is not generally accepted, though. Furthermore, there is no consensus on which nations fall within this group.Is India a nation with a low income?India is now classified as a lower middle income country by the World Bank. In 2020, an Indian made $1,935 on average.To Learn more about Low Income Countries, Click the links.
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Correct Question - Poor India makes millionaires at fastest pace
India, with the world's largest population of poor people, also paradoxically created millionaires at the fastest pace in the world. Millionaires increased by 22.7 percent to 123,000. In contrast, the number of Indians living on less than a dollar a day is 350 million and those living on less than $2 a day is 700 million. In other words, there are 7,000 very poor Indians for every millionaire.
Why might incomes of $1 a day and $2 a day underestimate the value of the goods and services that these households actually consume?
