Pete Jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: decrease cash, increase equipment.
When using the accounting equation, recording the acquisition of kit for cash would come with a rise to the account and a decrease to the (Cash/Equipment/Supplies) account. What's the right definition of an asset? Business activities change the amounts within the accounting equation.
The purchase of an equipment would only result in a rise in an asset (Equipment) and a decrease in another asset (Cash) within the same amount which might result in the identical total amount of assets, liabilities and equity, and can not affect the fundamental accounting equation.
The formula is straightforward: A company's total assets are adequate to its liabilities plus its shareholders' equity. The accounting equation is also expressed as assets - liabilities = owner's equity.
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Discuss the role of management in the larger societal context. what do you think the managers of the future will be like?
Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.
What do you think the managers of the future will be like?Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.
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President polk was willing to go to war with mexico to group of answer choices acquire new territory in the northwest. further the concept of manifest destiny. protect american settlers from a mexican invasion. ensure the independence of the republic of texas.
President Polk was inclined to visit the battle with Mexico: to in addition the concept of showing up destiny.
James Knox Polk was the 11th president of the USA, serving from 1845 to 1849. He formerly was the thirteenth speaker of the residence of Representatives and ninth governor of Tennessee. A protégé of Andrew Jackson, he changed into a member of the Democratic party and an advocate of Jacksonian democracy.
James Knox Polk become the 11th president of the USA of united states (1845-1849). As President, he oversaw the biggest territorial expansion in American records— over one million square miles of land—acquired via a treaty with England and warfare with Mexico.
Polk is chiefly recognized for extending the territory of America through the Mexican–American war; at some point of his presidency, we expanded appreciably with the annexation of the Republic of Texas, the Oregon Territory, and the Mexican Cession following American victory inside the Mexican–American battle.
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Answer:
B on edge 2022
Explanation:
B. further the concept of Manifest Deastiny
During the purchase phase for new skis, larry creates a __________ based on his skiing ability and price.
During the purchase phase for new skis, Larry creates a Consideration set based on his skiing ability and price.
Consideration set
The brands or goods that remain after a person has reduced their options using their own unique screening criteria, such as prior exposure, brand awareness, pricing, and more, are known as a consideration set.The consideration set is crucial because, in increasingly complicated decision circumstances, the choice process is frequently conceptualized as a two-stage sequence, as was covered in Roberts (1989) and Roberts and Nedungadi (1995).To Learn more about Consideration Set, Click the links.
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Private markets tend to underproduce the optimal quantity of public goods because of ________.
Private markets tend to underproduce the optimal quantity of public goods because of free riders.
What is free-rider problem?
When those who use resources, public goods (such public roads or hospitals), or services of a communal nature do not pay for them or pay too little, it is known as the "free-rider dilemma" in the social sciences. Free riders are a concern since they may still access or utilize the good while not paying for it (either directly through fees or tolls or indirectly through taxes). This means that the good could be misused, overproduced, or deteriorated. The presence of free-riders also causes this prosocial behavior to decline, continuing the free-rider dilemma, even if there is evidence that individuals are generally cooperative.
Therefore, Private markets tend to underproduce the optimal quantity of public goods because of free riders.
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When were cooking guilds formed, establishing many of the professional standards and traditions still used today?.
The period when cooking guilds formed, establishing many of the professional standards and traditions still used today were formed was 1400-1600 A.D. during the Renaissance.
How did the Renaissance impact society?Art, science, and culture underwent a new transformation throughout the Renaissance. With first the rediscovery of classical philosophy, literature, and art, as well as the new discoveries in travel, invention, and style, it altered the way the citizens thought.
The Renaissance demonstrates the value of looking to the past for solutions to current problems and inspiration. By looking to the past for advice today, we can uncover not just potential sources of solutions, but also strategies for overcoming problems that earlier cultures have had to deal with.
It should be noted that during this period, people tried out new things and this was when cooking guilds weee formed, which established many of the professional standards and traditions still used today.
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Which one of the following is a factor that could increase the level of risk in a business
a) seasonal demand
b) having a large target market
c) employing a large number of employees
Answer:
I guess the answer is , a) seasonal demand
Explanation:
seasonal demand :-
Seasonal demand is defined as a certain time series with repetitive or predictable patterns of demand due to re-occurring seasonal events.
sno sports llc makes and sells a snowboard to toby. sno sports fails to exercise "due care" to make the board safe, and toby is injured as a result. sno sports is most likely liable for
SNO Sports LLC makes and sells a snowboard to Toby. SNO Sports fails to exercise "due care" to make the board safe, and Toby is injured as a result. SNO Sports is most likely liable for Negligence.
Negligence meaning inability to practice the consideration that a sensibly judicious individual would practice in like conditions.
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Assuming the number of shares outstanding and total earnings remains constant, an increase in dividends per share will:______
The number of shares outstanding and total earnings remains constant, an increase in dividends per share will reduce the Addition to Retained Earning.
Retained Earning are the combined net income or benefits of an organization after representing profit installments. As a significant idea in bookkeeping, "retained" catches the way that since those profits were not delivered out to investors as profits, they were rather held by the organization.
Dividends is the dissemination of an organization's income to its investors not entirely set in stone by the organization's governing body. Dividends are much of the time appropriated quarterly and might be paid out as money or as reinvestment in extra stock.
The dividend yield is the profit per share and is communicated as dividend/cost as a level of an organization's portion cost, for example, 2.5%.
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Has three segments that when analyzed together give an idea of what the company owns and what it owes
The correct answer is Balance sheet
A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet. The foundation for calculating investor return rates and assessing the capital structure of a company is provided by balance sheets. The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment. When doing basic analysis or calculating financial ratios, balance sheets can be utilized in conjunction with other crucial financial data. An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet.
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You are working on a data set with customer names in the name column, in the form of first name and last name in all caps. what is the power of using flash fill to set up the data the way you prefer?
Create a new column, input the first name as you would like it to appear on the list, and then choose Flash Fill to automatically fill the column with data.
What is Flash Fill?
When it detects a pattern, Flash Fill fills your data for you automatically. Flash Fill, for instance, can be used to divide first and last names from a single column or to combine first and last names from two other columns.
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Compute the hourly wage
Hours worked: 30
Hourly wage:
Total Pay: $350
Answer:
hours worked 30×350
=10500
importantance of business
Answer:
Business is the source of employment. It creates employment opportunities for a large number of people in any country. Various types of employees are required both in management and technical jobs of business. The development of industry and commerce is helping to solve the employment problems of the nation.
Business improves the quality of life in two ways. Firstly, it provides high-quality goods and service to the people required for their enjoyment, comfort, and health. Secondly, a business offers employment opportunities to the people by which they can generate income and improve the quality of life.
Businesses help the society first through the distribution of goods and services which are essential for survival. Furthermore, they create employment opportunities that help individuals within the society earn an income to afford their needs.
Explanation:
Mission statements should be defined in terms of satisfying basic customer needs. in other words, they should be __________.
Mission statements should be defined in terms of satisfying basic customer needs. In other words, they should be market-oriented.
Mission statements are documents of a firm that states its basic values and objectives. These include the principles fundamental to the firm, the kind and quality of product it aims to provide, and a commitment to meet the various needs of customers and other stakeholders.
Because the basic objective of firms is to earn profits, and profits are attained only by attracting and retaining customers, the mission statements of firms have to be market oriented. To be market oriented is to be cognizant of the prevailing demands, customer sentiments, and even social attitudes.
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A venture capitalist is not entitled to legal recourse if he does not get his money back from investing in your start-up because he has an?
The answer is equity or ownership.
A venture capitalist is not entitled to legal recourse if he does not get his money back from investing in your start-up because he has an equity or ownership stake in the firm.
Who is a venture capitalist in a firm?A private equity investor known as a venture capitalist (VC) lends money to businesses with strong development potential in exchange for an equity stake. This could involve providing beginning capital or aiding small businesses that want to grow but lack access to equity markets.
VCs generate revenue in two ways. Entrepreneurial investors have two methods to profit. The first is a charge for managing the company's capital. The second is what is known as the "carry," which is carried interest on the fund's return on investment.
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________ evolved because of broader and more diverse product lines, demand for specific customized solutions, and more competition.
strategic selling evolved because of broader and more diverse product lines, demand for specific customized solutions, and more competition.
What is strategic selling?
Strategic selling entails directing current sales activity toward the company's long-term performance goals. It also entails prioritising the buyer's issues when making a sale in order to build long-term relationships with the customer. The sales method is determined by the goods being offered as well as the consumer preferences. To effectively use strategic selling approaches, a company's personnel must maintain integrity while they highlight specific characteristics of a product and guarantee they follow through on promises made to the buyer. Strategic selling tactics are used in businesses to increase sales volume and develop long-term relationships with clients.
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Other names for manufacturing overhead include ______.
a. factory burden
b. indirect manufacturing costs
c. prime manufacturing costs
d. factory overhead
Other names for manufacturing overhead include:
a. factory burden
b. indirect manufacturing costs
c. factory overhead
What is manufacture overhead?
A company's manufacturing activities include any expenses that are incurred that are not directly related to the cost of direct supplies and labor. Manufacturing overhead is referred to as an indirect cost because of this.
Costs, however, that are incurred outside of the manufacturing facilities are not costs for the products and cannot be inventoried. These expenses, which comprise selling, general, and administrative charges such corporate salaries, audit, and legal fees, are only reported as expenses and are included in the income statement for the accounting period in which they take place.
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Xyz corporation has $10m to invest. there are three investment opportunities they are considering. each opportunity requires $10m investment. which investment should xyz pursue?
Xyz corporation has $10m to invest. there are three investment opportunities they are considering. each opportunity requires $10m investment. Probability / Outcome.45 / 20% .45 / 5%.10 / -10%
What is investment?The dedication of a resource to a long-term increase in value is known as investment. A present resource, such time, money, or effort, must be lost in order to invest. The goal of investing in the financial world is to make money off the asset that is being used.
An investment is a purchase undertaken with the hope of earning money or increasing capital. Appreciation is the term for an asset's value rising over time. When someone invests in a product, they do so with the intention of using it to make money in the future rather than for immediate consumption.
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Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social style of the seller? explain your reasoning
Customer social style refers to the method customers use when interacting.
In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.
Who is a Customer ?A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.
A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.
No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.
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The process whereby a product formerly associated with a specific ethnic group is detached from its roots an?
The process of de-ethnization is underway.
the required details about de-ethnization is mentioned below
What does de-Ethnicization mean exactly?
Abstract. The "undoing" of societal barriers put in place to protect the authenticity of (alleged) ethnic-cultural heritages is known as de-ethnicization.
The creation of such borders is ethnicization. In any case, developments can be aided by the media.
De-ethnicization is the process of losing one's ethnic identity, devaluing one's culture, and doing away with the accompanying rites, customs, and practices.
Globalization is considered to be one of the main causes that contributed to the birth of this phenomenon since more people are seeking to embrace modernity, enrolling in formal education, embracing mobility, and living in cities.
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Which resource management agency would most likely set guidelines for oil pipelines and windmills?
Federal Energy Regulatory Commission would most likely set guidelines for oil pipelines and windmills.
The Federal Energy Regulatory Commission (FERC) is the federal agency in the United States that controls the pipeline transportation of the oil as well as the transmission and wholesale sale of electricity and natural gas in interstate commerce. FERC also evaluates plans for interstate natural gas pipelines and projects for gas storage.
The following are some of FERC's duties: Controlling the transmission and wholesale sales of electricity in interstate commerce; Controlling the transmission and sale of natural gas for resale in interstate commerce; granting permits and conducting inspections for state, local, and private hydroelectric projects.
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According to the law of demand, if all else remains equal, as the price of a good becomes lower, then _________________________.
According to the law of demand, if all else remains equal, as the price of a good becomes lower, then the quantity demanded of the good will increase.
The law of demand states that the quantity which is purchased by a customer varies inversely with price. So when the price is higher, the lower the quantity demanded is and vice versa.
So the law of demand defines the relationship between the price of a product and people's willingness to either buy a product at a given price or not.
Hence, the law of demand tends to explain the consumer choice behavior when the price changes.
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A customer loyalty program for high-involvement products would take the form of ___________.
A client fidelity program for high-involvement products would take the form of Brand communities.
Brand Communities: A brand community is a place where people who have an emotional connection to your brand can connect with each other and with your brand.
examples of Brand Community:
1) The SAP Community Network( SCN)
2) Playstation Community( Sony)
3) Being Girl( Procter and Gamble)
Client Fidelity Program is also known as the Customer Loyalty Program.
Best customer loyalty program examples:
-DSW.
-Sephora Beauty Insider.
-Starbucks Rewards.
-Amazon Prime.
-The North Face.
-REI Co-op.
-Apple.
A client fidelity program for high-involvement products would take the form of Brand communities.
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Which one of the worst natural disasters in history is associated with international trade?
The plague is one of the worst natural disasters in history and is associated with international trade.
Fleas primarily spread the deadly bacterial infection plague. Small rodents, which are most prevalent in Africa's rural and semi-rural areas, are home to the plague-causing Yersinia pestis organism.
Both the number of plague victims and the severity of the disease have decreased. However, it is still a problem in several regions of the world where there are numerous domestic or wild rodent populations that harbor fleas and occasionally transmit them to people.
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A feature of a product or service that customers have come to expect and entering competitors must also offer is a(n):___________
A feature of a product or service that customers have come to expect and entering competitors must offer is an Entry Barrier.
What is an entry barrier?High startup costs or other impediments that make it difficult for new rivals to enter a market or line of business are referred to as barriers to entry. As a result of protecting their revenues and earnings and preventing competitors from taking market share, incumbent businesses benefit from entry barriers.
Entry barriers are things that stop or make it difficult for new businesses to enter a market. Entry barriers reduce the market's contestability and level of competition. The fewer entry obstacles there are, the less competitive the market will be.
What are the four primary categories of entry barriers?Legal (patents/licenses), technical (high start-up costs/monopolies/technical knowledge), strategic (predatory pricing/first mover), and brand loyalty are the four basic categories of entry barriers.
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One way that the world bank might experience an adverse selection in its own lending is if __________.
Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.
When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.
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What social issue was raised by the philanthropic activities of many american business leaders during the gilded age?.
The main issues was raised by the philanthropic activities of many American business leaders are the paying the lower wages to the labor and the worker.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
During the period of the gilded age, the primary social issues of the philanthropic activities of many American business owners were the paying of lower wages to the workers.
As a result, the business owner paying the lower wages to the workers.
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The document confirming that a new building has met all the minimum building standards and that is the final regulatory step in the process of offering new construction for sale is called:_________
The document confirming that a new building has met all the minimum building standards and that is the final regulatory step in the process of offering new construction for sale is called Certificate of Occupancy
A certificate of occupancy is a legal document given by a local government organisation or building department that attests to a building's adherence to all relevant building standards and legislation and that it is in a fit state for habitation.Who is in charge of the occupancy certificate?Regarding the final occupancy permission, the Contractor is required to get it, but he is not liable to the Owner if the license is not issued or is issued late for reasons that cannot be attributed to the Contractor.To Learn more about Certificate of Occupancy, click the links
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Which company reported the largest percentage change in net operating cash flows between 2012 and 2021, and what was the percentage change for that company?
company reported the largest percentage change in net operating cash flows between 2012 and 2021, and -31 was the percentage change for that company.
What is cash flows?
The net balance of money coming into and going out of a firm at a certain period is referred to as cash flow. A firm continuously receives and expends cash. For instance, when a merchant buys merchandise, money leaves the company and goes to its suppliers.
Therefore,.
company reported the largest percentage change in net operating cash flows between 2012 and 2021, and -31 was the percentage change for that company.
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Oracle corporation offers a service called ____, which provides e-business applications on a fixed fee basis.
Oracle corporation offers a service called WebSphere, which provides e-business applications on a fixed fee basis. A cloud provider hosts applications and makes them online accessible to customers as part of the software as a service (SaaS) distribution paradigm.
Offer strong web-based assistance for tasks like billing, customer relationship management, and order processing. Onshoring is the outsourcing of information system development, operation, or maintenance to a third party company that offers these services on a temporary or permanent basis in exchange for a fee.
A vertical application is a software suite that can be used by numerous different sorts of businesses. The assessment and selection team's main goal is to eliminate system alternatives that won't satisfy criteria, rate the feasible options, and submit the feasible options to management for a final decision.
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When pizza company sells three $100 gift cards at the beginning of the month, it should record a $300 debit to ______ and a $300 credit to _____
Explanation:
one and three
is the answer
