The statement has been completed as follows:-
Accounts payable would be credited on the right side and supplies would be debited on the left side.
What is accounts payable?Accounts payable (AP) is a financial word that refers to the money owing to suppliers or vendors for products or services acquired on credit. It is the bill that company needs to pay.
Accounts payable which are also known as Bills payables are credited on the right side, while supplies are debited on the left. Therefore, it can be concluded that payable would be credited and supplies would be debited in the journal entry.
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Your question is incomplete, but most probably the full question was….
Accounts payable would be ______on the ____ side and supplies would be ______on the _____side
The computation of a capital budgeting project's incremental net income includes?
The computation of a capital budgeting project's incremental net income includes annual revenues - one-time costs - annual depreciation expense.
What is capital budget?
Capital receipts (such as disinvestments, borrowing, loans from public or foreign governments, Reserve Bank of India, etc.) and capital expenditures make up the capital budget. Capital and budget are the two words that make up capital budgeting.
Any business that wishes to invest money in a project without fully understanding the risks and rewards is going to be seen as irresponsible by its owners or shareholders.
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Each of the four ps plays a distinct role in adding value for customers and firms. product, the first of the four ps, is responsible for ______.
Each of the four ps plays a distinct role in adding value for customers and firms. product, the first of the four p/s, is responsible for communicating.
This is further explained below.
What is communicating?Generally, "An apparent remedy to the unpleasant divides between self and other, private and open, and inner mind and the outward world," is communication.
Face-to-face interactions, telephone calls, text messaging, email, the Internet (including social media platforms such as Fac/ebook and Twi/tter),
radio and television, printed letters, pamphlets, and reports are all examples of these types of interactions.
It is essential, for the sake of good communication, to choose a suitable communication channel.
In conclusion, When it comes to creating value for consumers and businesses, each of the four ps plays a unique and important role. The communication function is within the purview of the product, the first of the four Ps.
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A jewelry company does not have social media or allow customers to share their jewelry online due to concerns of privacy for their designs. would the company continue to be successful?
No, the jewelry company cannot continue to be that successful, as social media is part of our culture and allows interconnection.
Around 80% of the business executives think that it is very important to invest additional resources in social media marketing. As social media can make big brands feel welcoming and accessible.
Even small businesses, who are just starting can take benefit of social media to reach larger audiences while also engaging local, and loyal customers and followers. So in order to be successful, a jewelry company should do social media marketing.
Hence, social media is great for promotion and marketing.
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One significant contemporary management challenge is:_________
a. globalization.
b. synergy.
c. management science.
The internationalization of business is a big managerial problem.
Just what is globalization?
The phrase "globalization" describes the increasing interconnection of the world's economies, cultures, and people.as a result of cross-border trade in products and services, technology, and flows of capital, people, and information. Over many years, nations have developed economic alliances to aid in these movements. However, the phrase became well-known in the early 1990s, following the end of the Cold War, since these cooperative agreements influenced contemporary daily life. This guide uses the phrase more specifically to refer to global commerce and some investment flows among advanced economies, with a primary focus on the United States.
Complex and politically fraught, globalization's wide-ranging repercussions are widespread.
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Seller monica is selling her property to harriet. what is monica's primary responsibility at closing?
To deliver marketable title.
What Are Marketable Securities?Marketable securities are readily convertible into cash at a fair price and are regarded as liquid financial assets. Marketable securities are liquid since they typically have maturities of less than a year and little impact on prices from the rates at which they can be bought or sold.
Any unrestricted financial instrument that may be purchased or sold on a public stock exchange or a public bond exchange is referred to as a "marketable security." Therefore, marketable securities are separated into marketable debt securities and marketable equity securities. In addition, marketable securities must have a robust secondary market that enables speedy buy and sell operations and a secondary market that offers investors precise price quotes. Due to marketable securities' great liquidity and reputation as secure investments, the return on these securities is generally low.
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If a company's common-size income statement shows a lower percentage for cost of goods sold this period compared to last period, the company may be controlling its costs well or it has _____.
If a company's common-size income statement shows a lower percentage for cost of goods sold this period compared to last period, the company may be controlling its costs well or it has raised its prices relative to costs.
What is prices relative to costs?
As you are aware, relative pricing describes how much one thing costs in comparison to another. It is shown as a cost ratio between two commodities or services. To determine a single item's comparable pricing, divide the cost by the cost of another product. Relative pricing, often known as relative cost, describes the price of one item or service in comparison to another at a specific moment. Price fluctuation is the difference between two prices that are offered at about the same time or location.
Therefore,
If a company's common-size income statement shows a lower percentage for cost of goods sold this period compared to last period, the company may be controlling its costs well or it has raised its prices relative to costs.
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A small change in a firm's targeted markets or strategic direction usually has little impact on the value chain.
a. true
b. false
A small change in a firm's targeted markets or strategic direction usually has little impact on the value chain. The assertion is untrue.
What Is a Value Chain?
A value chain is a business model that outlines all the steps involved in producing a good or service. A value chain for businesses that manufacture things includes all of the processes involved in taking a product from conception to distribution, as well as everything that happens in between, such as sourcing raw materials, performing manufacturing tasks, and engaging in marketing activities.
A company conducts a value-chain analysis by reviewing the particular procedures involved in each step of its business. 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.
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A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. the price of each good is $10. calculate the firm's short-run profit or loss.
A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. the price of each good is $10. The firm had a short-run loss of $6,000
What is Short-run production?Short-term production is the only kind of production that happens in real-time. Businesses typically concentrate their decisions on operational issues, which are described as specific decisions made to manage the day-to-day operations of the organization. Businesses are constrained by a variety of factors, including personnel, infrastructure, skill sets, and technology. Decisions, therefore, reflect how to maximize output in light of these constraints. Increases and decreases in variable factors are the only things that can have an immediate impact on the output produced by businesses. They might alter factors like labor and raw supplies. Since they are still in the beginning stages of production, they are unable to adjust permanent elements like buildings, rent, and know-how.
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Which settlement option pays a stated amount to an annuitant but no residual value to a beneficiary?
Although a life income settlement option has no residual value for the recipient, it pays the annuity a specified sum.
A life annuity is another name for a life income settlement. For the duration of your beneficiary's life, you can convert the death benefit into the set, recurring payments from an annuity. Based on the beneficiary's anticipated lifetime and the death benefit amount, the insurer guarantees a yearly annuity amount. The life income settlement type offers a continuous flow of payments up to the beneficiary's demise. Although a life annuity is a dependable source of income, there are disadvantages. Your beneficiary might not be able to switch to a different settlement style if you ask for a life-only settlement.
The main goal of the settlement option is to provide the insured with consistent income streams. After the policy's maturity, the insured receives a consistent stream of money from the insurer under the settlement option.
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Current assets are defined as assets that can be turned into cash within ______ months.
As a result, short-term investments are liquid meaning they can be readily converted into cash. Hence, current assets get transformed into cash within one year.
What is the period for current assets?
Current assets are any asset a business can convert to cash within a short time, usually one year. These assets are listed in the Current Assets account on a publicly dealt company's balance sheet.
A liquid asset is an asset that can readily be converted into cash in a short amount of time. Liquid assets contain things like cash, money market instruments, and marketable securities.
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A consumer is most likely to primarily use a(n)_________ when he buys a brand such as apple to which he is very brand loyal, or if he has previously owned an ipod and an iphone previously.
A consumer is most likely to primarily use a(n) Internal search when he buys a brand such as an apple to which he is very brand loyal, or if he has previously owned an iP/od and an iP.hone previously.
This is further explained below.
What is an Internal search?Generally, When a customer buys a product from a company like Apple, for which he has a strong sense of brand loyalty, or if the customer has previously had both an iPod and an iPhone, the customer is more likely to do an internal search than any other kind of search.
In conclusion, A list of search phrases that visitors to your website have typed into the search engine on your website is shown by Internal Search.
Search does not display the search phrases that were entered into an external search engine, such as G/oogle or Bi/ng, in order to locate your website.
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Increases in equity of a particular business enterprise resulting from transfers to it from other entities of something of value to obtain or increase ownership interests is a(n):___________
something of value to obtain or increase ownership interests is a(n): Investments by Owners
What increases ownership interest?
The only way an owner's equity/ownership can build by investing more money in the business, or by increasing profits through increased sales and decreased expenses
What is meant by owner's equity?
Equity, typically termed as shareholders' equity (or owners' equity for privately held companies), represents the amount of money that would be returned to a company's shareholders if all of the assets were liquidated and all of the company's debt was paid off in the case of liquidation
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What are the effects on the accounting equation from the adjusting entry for interest expense accrued, but not paid, at the end of the accounting period?
The adjusting entry for interest expense accrued but unpaid at the end of the accounting period will have the following impact on the accounting equation: Both total liabilities and total shareholder equity will decrease.
The amount that a company's owners have put into their enterprise is known as shareholders' equity. This covers the funds they have personally invested as well as the total amount of earnings that have been reinvested by the business since its beginning.
What is a good illustration of shareholder equity?
The difference between the entire assets and the total liabilities, as calculated by this method, is the shareholders' equity. For instance, the shareholders' equity of a corporation is $40,000 if its total assets are $80,000 and its total liabilities are $40,000.
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The most significant financial document provided by a governmental entity is:______.
s. the balance sheet.
b. the operating statement.
c. the operating budget.
d. the cash flow statement.
Operating Budget is the most significant financial document provided by a governmental entity. Thus, the correct answer for the question is letter c.
The most important financial report given by a governmental body is the operating budget since the importance of the budget in the governing process is the key characteristic that sets governmental entities apart from the commercial ones.
Balance sheet and cash flow statement are the significant financial documents provided by private entities.
Governments must provide operational budget documents (not operating statement) and access to external financial reports that enable people to compare actual results to the budget, assess the financial health of the government, and assess its efficiency and effectiveness.
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What is the relationship between a firm's industry environment and the firm's earning potential?
An organization is more likely to generate above-average returns the more it can positively impact the environment of its industry.
The general rules of competition that affect all companies that offer comparable goods and services. Industry environment is a concept that Harvard professor Michel E. Porter advanced into the forefront of strategic thinking and company planning. The core of his work, which outlines the five factors that affect industry competition, first appeared in the Harvard Business Review. Strategic managers can link distant issues to their influence on a firm's operating environment with the use of his well-defined analytical framework.
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Is a process that helps managers identify desired outcomes and formulate feasible plans to achieve their objectives?
Leaders of a company develop their future vision and determine their organization's goals and objectives through the process of strategic planning. Establishing the order in which these objectives should be accomplished can help the organization attain its stated vision.
A plan outlines how and when a company will accomplish its vision, purpose, goals, and objectives.
The goal-based strategic planning process is broken down into four phases: scenario analysis, direction setting, plan deployment, and strategy definition.
The Strategic Planning Process in 4 Steps
scanning the environment. The process of acquiring, compiling, and evaluating information is called environmental scanning.Developing a strategy.Putting a plan into action.Strategy assessment.To learn more about strategic planning from the given link.
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Place the appropriate label to classify each scenario as either microeconomic or macroeconomic.
The following scenarios are microeconomic:
A team of three partners starts a new ad agency
A laid-off worker enrols in job re-training
The following scenarios are macroeconomic:
the inflation rate rises, Nationwide,
new housing construction declines for the third month in a row.
What is macroeconomics and microeconomics?Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic variables that affect the whole economy. These economic variables include as inflation, unemployment, GDP and growth rate.
Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources
Here is the complete question:
Place the appropriate label to classify each scenario as either microeconomic or macroeconomic.
A team of three partners starts a new ad agency,
A laid-off worker enrolls in job re-training
the inflation rate rises, Nationwide,
new housing construction declines for the third month in a row.
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Which expense may be deducted when calculating taxable income for an individual homeowner?
Points charged on a mortgage loan to purchase a principal residence may be deducted when calculating taxable income for an individual homeowner
What is taxable income?The portion of your income that can be taxed is known as your taxable income. Salary, earnings, tips, bonuses, employer-provided perks, and interest from investments are common examples of taxable income. Some types of income, such as child support and inheritances, may not be taxable.
A personal exemption is a sum that a resident taxpayer is allowed to deduct from personal income under US tax law when determining taxable income and, consequently, federal income tax. The personal exemption was $4,050 in 2017, but there are phase-out restrictions on the exemption. Every year, the personal exemption is increased to account for inflation. Personal exemptions are gone for the tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act of 2017. is known as yours. Salary, earnings, tips, bonuses, employer-provided perks, and interest from investments are common examples of taxable income. Some types of income, such as child support and inheritances, may not be taxable.
A personal exemption is a sum that a resident taxpayer can deduct from personal income under US tax law when determining taxable income and, consequently, federal income tax. The personal exemption was $4,050 in 2017, but there are phase-out restrictions on the exemption. Every year, the personal exemption is increased to account for inflation. Personal exemptions are gone for the tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act of 2017.
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Working capital is a popular measure of a company's ability to satisfy its long-term obligations. True or false
False: A common indicator of a company's capacity to meet its long-term obligations is working capital.
How do I define working capital?
Working capital, also referred to as net working capital, is the difference between a company's current assets—such as cash, accounts receivable/unpaid invoices from customers, stocks of raw materials, and finished goods—and its current liabilities—such as debts and accounts payable (NWC). It's a frequently employed metric to assess an organization's immediate health.
Subtract a company's current assets from its current liabilities to determine working capital. For public corporations, both values can be found in the financial statements that have been made publicly available; however, private companies might not have as easy access to this data.
Current Assets - Current Liabilities equals Working Capital.
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To develop a co-culture successfully in a cross-cultural business relationship, ______ mind-set is important.
To develop a co-culture successfully in a cross-cultural business relationship, an open mind-set is important.
What is cross-cultural business?
In cross-cultural business contexts, people are exposed to a wide range of cultural norms, including good manners, nonverbal and verbal communication, dialects, and foreign government practices. International business refers to the transfer of goods, services, technology, money, and/or information throughout national boundaries and on a global or multilateral scale. There are involved cross-border exchanges of goods and services among two or more countries.
Therefore,
To develop a co-culture successfully in a cross-cultural business relationship, an open mind-set is important.
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The balance sheet represents a snapshot in time, whereas the income statement reports on operations over a period of time.
true/ false
The statement "The balance sheet represents a snapshot in time, whereas the income statement reports on operations over a period of time" is true.
What is a balance sheet?A balance sheet is basically the snapshot of a company in time, showing its financial position at a certain moment. A balance sheet will include the following:
The company's assets, that is, everything that is owned by the company.The company's liabilities or everything it owes.The owner's equity.What is an income statement?The income statement, also known as the profit and loss statement, is a summary of a company's financial performance, but over a determined period of time.The income statement helps the company adjust and take action whenever things do not go as originally planned. An income statement will include the following:
GainsLossesExpensesRevenuesWith the information above in mind, we can conclude that the sentence provided in the question is true. The balance sheet represents a snapshot in time, whereas the income statement reports on operations over a period of time.
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A kind of annuity that consists of cash flows of equal amounts occurring at regular intervals and that continues indefinitely is?
Payment is a type of annuity that comprises of equal financial flows that happen at regular periods and last forever.
Describe an annuity.
The goal of nationwide annuities is to increase your retirement income. They are long-term agreements with an insurance provider where you put money. You receive income in the form of recurring payments as compensation for your investment.
many annuity types
There are several different annuity product categories to pick from. Your financial professional can design a strategy to fit your unique objectives, whether you're searching for income possibilities, tools for legacy planning, or spousal protection.
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Performance renewal and recontracting is a phase similar to the ______________ phase of the performance management process.
Performance renewal and recontacting is a phase similar to the performance planning phase of the performance management process.
Performance Management Process
Performance management is an interaction process in which managers and employees work together to develop, monitor, and assess job objectives and overall organizational contribution.. Performance management is more than simply a yearly performance review; it is the continual process of creating targets, measuring progress, and giving continuing coaching and feedback to ensure that employees are fulfilling their objectives and career aspirations.
There is considerably more to performance management than the annual performance review meeting. Performance management is a constant process of planning, mentoring, and reviewing employee performance.
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The first hotel to be franchised in the united states occurred in 1907 when this company franchised the _______________ hotel.
The first hotel to be franchised in the united states occurred in 1907 when this company franchised the Ritz-Carlton hotel.
What are the advantages of buying a franchise?
Benefits of purchasing a franchise
Franchises provide the freedom of small business ownership while also providing the advantages of a large business network.To operate a franchise, you don't always require business experience. Typically, franchisors give you the training you need to run their business model.Franchises succeed more frequently than new firms.It might be simpler for you to get financing for a franchise. Purchasing a franchise could be less expensive than starting a similar sort of business from scratch.Franchises frequently have a well-established brand, management techniques that have been proved effective, access to national advertising, and ongoing assistance.To learn more about Franchises from given link
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The primary reason that services such as moody's and standard and poor's provide bond ratings is to?
The primary explanation that services such as Moody's and standard and poor's provide bond ratings exists to measure default risk of different issues.
What is meant by Bond rating?A bond rating is a grade that a rating agency assigns to a bond to show its credit quality. The rating considers a bond issuer's financial stability or its capacity to make timely principle and interest payments on bonds. The credit quality of corporate or government bonds is represented by the bond credit rating in the investing world..
It is distinct from a person's credit score. Investment professionals utilize the ratings, which are released by credit rating companies, to determine how likely it is that the debt will be repaid.
Bonds are classified as "investment-grade" if they have a rating of BBB- or above on the Standard & Poor's and Fitch scale, or Baa3 or better on the Moody's scale. Bonds with lower ratings are classified as "speculative" and are frequently called "high-yield" or "junk" bonds.
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A salsa manufacturing company that enjoys the lest bargaining power with its suppliers would most likely be?
A salsa manufacturing company that enjoys the lest bargaining power with its suppliers would most likely be offering specialty salsas at a high price that were only fit for consumers with certain sensitivities.
What is Bargaining Power?
The ability of parties to exert influence over one another during a negotiation, contract negotiation, or agreement-making process is known as bargaining power. In a discussion where both sides are on an equal footing, they will have the same amount of bargaining power, as would occur in a market with perfect competition or between two equally powerful monopolies.
Game theory, labor economics, collective bargaining agreements, diplomatic talks, the resolution of legal disputes, the cost of insurance, and any negotiation in general are a few areas where the idea of bargaining power has proven essential to rational understanding.
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Which type of lender is a member-based cooperative that provides credit for auto loans and home loans, takes deposits, and offers savings vehicles and money markets?
The credit union is a member-based cooperative that offers savings accounts, money markets, and credit for housing and auto loans. It also accepts deposits.
The credit union is a member-based cooperative that provides credit for home and auto loans, money markets, and savings accounts. Deposits are also accepted.
A credit union is a specific type of financial cooperative that provides traditional banking services. For the benefit of its employees and members, significant corporations, organizations, and other institutions might establish credit unions. They can be modest, volunteer-only operations or huge, nationwide organizations with thousands of people. Institutions created, owned, and operated by their members are credit unions. They have tax-exempt status as a result and are not-for-profit entities. Initially, a credit union could only accept members who shared a "similar tie," such as those who belonged to the same profession, worked for the same company, or lived in the same area
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True or false: in situations where an annual budget deficit exists, cutting expenses from the budget is optimal.
The statement in situations where an annual budget deficit exists, cutting expenses from the budget is optimal is True.
What is budget deficit?Budget deficit tend to occur when the expenses or expenditure is higher then the revenue.
Cutting down expenses from the budget is most desirable if we want to have budget surplus. Budget surplus is when revenue is higher than expenditure.
Therefore the statement in situations where an annual budget deficit exists, cutting expenses from the budget is optimal is True.
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What is the price of a stock at the end of one year (p1) if the dividend for year 2 (div2) is $5, the price for year 2 (p2) is $20, and the discount rate is 10 percent?
The price-to-earnings (P/E) ratio of the corporation is the most used method of stock valuation.
P1=($5+20)/1.10=$22.73.
The P/E ratio is calculated by dividing the stock price by the most recent reported earnings per share for the company (EPS). A low P/E ratio suggests that a company is offering an appealing amount of value to the person purchasing it.
Dividend Growth Rate + (Dividend Payment / Stock Price) = Rate of Return
The projected capital gain for the stock is calculated by deducting the initial purchase price from the anticipated price in a year. By combining the annual dividend and the anticipated capital gain amount and dividing it by the stock's original purchase price, you can determine your expected rate of return on the investment.
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Reporting revenues only when cash is received and expenses only when cash is paid is called the basis of accounting. True or false?.
The term "cash basis of accounting" refers to the practice of only recording revenues and expenses when actual cash is exchanged.
Revenue is the cash that a business generates via its operations. Depending on the accounting technique used, there are various ways to compute revenue. Sales made on credit will be counted as revenue for products or services delivered to the customer in accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made. The cash flow statement must be examined in order to determine how effectively a business collects debts. Contrarily, cash accounting only counts sales as revenue when money has been exchanged.
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