Gary Bauer opened a computer consulting business called Technology Consultants and recorded various transactions in April, including investments, prepaid expenses, purchases, revenue, payments, and withdrawals. Ledger accounts were created to track these transactions, including Cash, Accounts Receivable, Office Supplies, Prepaid Insurance, and more.
Here are the general journal entries for the transactions:
April 1:
Cash (101) $100,000
Office Equipment (163) $24,000
Gary Bauer, Capital (301) $124,000
April 2:
Prepaid Rent (129) $7,200
Cash (101) $7,200
April 3:
Office Equipment (163) $12,000
Office Supplies (124) $2,400
Accounts Payable (201) $14,400
April 6:
Cash (101) $2,000
Service Revenue (403) $2,000
April 9:
Accounts Receivable (106) $8,000
Service Revenue (403) $8,000
April 13:
Accounts Payable (201) $14,400
Cash (101) $14,400
April 19:
Prepaid Insurance (128) $6,000
Cash (101) $6,000
April 22:
Cash (101) $6,400
Accounts Receivable (106) $6,400
April 25:
Accounts Receivable (106) $2,640
Service Revenue (403) $2,640
April 28:
Gary Bauer, Capital (301) $6,200
Cash (101) $6,200
April 29:
Office Supplies (124) $800
Accounts Payable (201) $800
April 30:
Utilities Expense (639) $700
Cash (101) $700
Here are the ledger accounts:
Cash (101)
Date Description Debit Credit Balance
Apr 1 Investment $100,000 $100,000
Apr 2 Prepaid Rent $7,200 $92,800
Apr 6 Service Revenue $2,000 $94,800
Apr 13 Accounts Payable $14,400 $80,400
Apr 22 Accounts Receivable $6,400 $86,800
Apr 25 Accounts Receivable $2,640 $89,440
Apr 28 Gary Bauer, Capital $6,200 $83,240
Apr 30 Utilities Expense $700 $82,540
Accounts Receivable (106)
Date Description Debit Credit Balance
Apr 9 Service Revenue $8,000 $8,000
Apr 22 Cash $6,400 $1,600
Apr 25 Service Revenue $2,640 $4,240
Office Supplies (124)
Date Description Debit Credit Balance
Apr 3 Office Supplies $2,400 $2,400
Apr 29 Accounts Payable $800 $1,600
Prepaid Insurance (128)
Date Description Debit Credit Balance
Apr 19 Prepaid Insurance $6,000 $6,000
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needham pharmaceuticals has a profit margin of 6% and an equity multiplier of 1.7. its sales are $100 million and it has total assets of $58 million. what is its return on equity (roe)? round your answer to two decimal places. %
Needham Pharmaceuticals has a return on equity of 17.59%. This means that for every dollar of shareholders' equity, the company generates 17.59 cents in net income.
To calculate the return on equity (ROE) for Needham Pharmaceuticals, we can use the formula:
ROE = Profit Margin x Equity Multiplier
Profit Margin = Net Income / Sales
Equity Multiplier = Total Assets / Shareholders' Equity
Given the information provided, we can first calculate the net income as:
Net Income = Profit Margin x Sales
Net Income = 0.06 x $100 million
Net Income = $6 million
Next, we can calculate the shareholders' equity as:
Shareholders' Equity = Total Assets / Equity Multiplier
Shareholders' Equity = $58 million / 1.7
Shareholders' Equity = $34.12 million
Finally, we can calculate the ROE as:
ROE = Net Income / Shareholders' Equity
ROE = $6 million / $34.12 million
ROE = 0.1759 or 17.59%
Therefore, Needham Pharmaceuticals has a return on equity of 17.59%. This means that for every dollar of shareholders' equity, the company generates 17.59 cents in net income. It is important to note that ROE is a key financial metric used by investors and analysts to evaluate a company's profitability and efficiency in utilizing shareholders' equity to generate earnings.
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A credit union
Question 3 options:
is larger than most banks
promotes good spending habits among its members
will allow anyone to join
provides financial service at a higher cost than a bank
Answer: A credit union promotes good spending habits among its members.
How do social trends affect a pharmacy? I need 6 points
Language, time, lines, shyness, the price of the medication, interpersonal relationships, and the pharmacist's age and sex are the key barriers to effective patient-pharmacist dialogue.
What is the importance of social pharmacy?Investigating issues and topics related to pharmacy practice and drug use is the main goal of social pharmacy research. It is a hybrid field that examines all facets of pharmacy practice by combining theories and methodologies from various humanistic and social scientific disciplines.
In order to provide pharmaceutical treatment, pharmacists must overcome a variety of difficulties, including ethical, financial, clinical, and legal issues, which are the major roadblocks in the delivery of healthcare.
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HELP PLEASE!!!
Which of these are financial goals? Select the two correct answers.
1. Saving for college
2. Going shopping during sale season
3. Buying a new computer
4. Getting a credit card
5. Making a monthly deposit on your savings account
Financial goals are targeted objectives individuals set to attain specific desired financial outcomes.
Saving for college is a prime example, involving allocating funds for forthcoming educational expenses. Similarly, making recurring deposits into a savings account constitutes a financial goal, fostering savings growth for future needs like emergencies or investments.
In contrast, the other options—such as shopping during sales, purchasing a new computer, and obtaining a credit card—may involve transactions but lack the inherent long-term financial purpose of savings, investment, or fiscal stability that characterizes genuine financial goals.
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The bank collected $1,500 for the company from the company's client. On a bank reconciliation, this would be shown as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the bank account balance
C. decrease in the ledger cash account balance (book balance)
D. increase in the bank account balance
Answer:
A. increase in the ledger cash account balance (book balance)
Explanation:
The bank collected $1500 from the customer on behalf of the company. The amount was posted to the customer's account, increasing the company's bank balance by $1500. When the bank generates the customer's statement, the collected amount will reflect in the customer statement increasing it by $1500.
To reconcile the customer bank statements, and the customer's ledger, the amount of $1500 will have to be added to the customer's cash balance.
An electronics company is trying to decide how many new computers it should produce for export to China. Which factor would most likely cause the company to produce a large number of computers?
Answer: the chinese government recently lowered taxes on all foreign imports
Explanation:
just took the test
The factor that would most likely cause the company to produce a large number of computers is Chinese consumers believe that computer prices will rise in the future.
Determinants of supplyThe determinants of supply are the factors that affect the supply of a good in an economy. The determinants of supply are technology, number of producers, price of raw material, price of other goods, consumer expectations, and so on.
For a company exporting computers to China, the determinants of supply will be:
1. Number of producers in China
2. Price of material in the home country.
3. Price of Chinese computers.
4. Expectations of Chinese consumers.
If the consumer expects the price of computers in China will rise, the demand for imported goods in China will rise. And the producer will export more goods to China.
Therefore the correct option is, Chinese consumers believe that computer prices will rise in the future.
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c) It seems clear that the future is likely to involve more technology, not less, so that engineers will face demands for Innovation and Invention design of technical systems of unprecedented complexity. Distinguish between Innovation and Invention as applied to technological Design.
Innovation involves improving existing technology through new ideas and methods, while invention is the creation of entirely new technology or systems. Both are crucial for engineers in the face of increasing technological complexity.
In the context of technological design, innovation and invention play distinct roles. Innovation involves improving upon existing technology by introducing new features, enhancing functionality, or finding more efficient ways of achieving a goal. It focuses on incremental advancements and refinements to existing systems. Engineers involved in innovation work with the foundation already in place and seek to optimize it further. For example, a smartphone company may innovate by introducing a faster processor or a more advanced camera system.
On the other hand, invention involves the creation of entirely new technology or systems. It represents a breakthrough moment when something groundbreaking and unprecedented is brought into existence. Invention often requires a high level of creativity and a deep understanding of scientific principles. Engineers involved in invention push the boundaries of what is currently known and strive to develop revolutionary concepts. For instance, the invention of the internet or the development of electric vehicles are examples of major technological breakthroughs.
In summary, innovation focuses on improving and refining existing technology, while invention involves the creation of entirely new technology or systems. Both processes are crucial for engineers in the face of increasing technological complexity, as they provide avenues for progress, advancement, and meeting the demands of the future.
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What role does product/service management play in marketing?.
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
#CarryOnLearning\(watch.some.anime\)
The ___ is the largest U.S. electronic stock trading market
Answer: The New York Stock Exchange (NYSE).
The New York Stock Exchange (NYSE) is the largest electronic stock trading market in the United States.
Established in 1792, it is the world's largest stock exchange by market capitalization. The NYSE lists more than 2,400 companies from around the world and has a total market capitalization of more than $20 trillion.
In order to be listed on the NYSE, companies must meet certain financial and operational standards that are set by the exchange. Companies must also pay listing fees to the NYSE and are subject to ongoing reporting and disclosure requirements. The NYSE also enforces rules that govern how companies can issue new shares of stock, as well as how they can repurchase shares of their own stock.
The NYSE is an electronic stock exchange, meaning that all transactions are executed electronically. It uses a continuous auction market, which means that orders are matched in real time. The NYSE has two trading floors in New York City, as well as a global network of electronic trading platforms that allow investors to trade stocks around the world.
The NYSE is regulated by the Securities and Exchange Commission (SEC). The SEC sets standards for how the exchange operates and enforces rules that protect investors from fraudulent or manipulative activities.
The NYSE is also a member of the Financial Industry Regulatory Authority (FINRA), which is responsible for ensuring that all investors receive fair and equitable treatment.
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Carrie made an initial investment of $50,000.the final value of her investment was $55,500.what was the roi?
Answer:
sorry i am not good with this subject i want to help but i cant sorry
Explanation:
In business, it is important to establish your _____ from your first day on the job. multiple choice question.
In business, it is important to establish your credibility from your first day on the job
What is Business credibility?The quality of being trusted by a specific group of people is known as credibility. In terms of conversion rate optimization, business credibility is defined as the degree to which your target customers trust you. Customers' trust is ideally expressed through positive behavior toward your brand, with the end result being an increased conversion rate. We live in a time when everything is commercialized and everyone, especially corporations, wants to sell us something. As a result, human brains react to this scenario in a "passive-aggressive" manner - we consumers tend to distrust brands at first glance. Because, after all, we believe their goal is to make money.To know more about business credibility, refer to:
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What will be the end result for the taxpayer who filed his federal income tax return.
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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a. In 2015 , Bilal had a monthly salary of $4,166.5. Assume 2015 is the base year. In 2018 , the CPI went up to 106.3. His monthly salary in 2018 was $4,800. Did the purchasing power of Bilal go up? Please show calculations and explain your answers (2) b. In 2008 , there was a major housing mortgage crisis in the U.S. economy which eventually led to recession. At that time, there was a GDP Gap or loss of 10.75%. The natural rate of unemployment in 2008 was 5.1%. What was the unemployment rate in 2008 in the U.S.? c. Germany's current inflation rate of 1.8% and France"s current inflation rate is 1.3%. Using the rule of 70 , which country will first experience doubling of prices of goods and services? \$how calculations
In this case, the base year is 2015, so we'll use the salary in 2015 ($4,166.5) and the CPI in 2018 (106.3) to calculate the adjusted salary in 2018.The formula is:Adjusted Salary in 2018 = $4,166.5 * 106.3 / 100 = $4,423.05
Comparing the adjusted salary in 2018 ($4,423.05) with Bilal's actual salary in 2018 ($4,800), we can see that his salary increased more than the adjustment for inflation. Therefore, the purchasing power of Bilal increased between 2015 and 2018.
b. The GDP Gap represents the difference between the actual Gross Domestic Product (GDP) and the potential GDP. In 2008, there was a GDP Gap or loss of 10.75%, which means the actual GDP was 10.75% lower than the potential GDP. The natural rate of unemployment, also known as the Non-Accelerating Inflation Rate of Unemployment (NAIRU), represents the unemployment rate at which inflation remains stable. In 2008, the natural rate of unemployment was 5.1%.
To calculate the unemployment rate in 2008, we need to add the GDP Gap to the natural rate of unemployment:
Unemployment Rate = Natural Rate of Unemployment + GDP Gap
Unemployment Rate = 5.1% + 10.75%
Unemployment Rate = 15.85%
Therefore, the unemployment rate in the U.S. in 2008 was approximately 15.85%.
c. To determine which country will first experience a doubling of prices of goods and services using the rule of 70, we divide the number 70 by the inflation rate to calculate the approximate number of years it will take for prices to double.
For Germany, with an inflation rate of 1.8%:
Approximate number of years = 70 / 1.8 = 38.89 years
For France, with an inflation rate of 1.3%:
Approximate number of years = 70 / 1.3 = 53.85 years
Comparing the two, Germany will experience a doubling of prices of goods and services sooner than France, as it will take approximately 38.89 years for prices to double in Germany, while it will take approximately 53.85 years for prices to double in France.
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How do exchange traded funds (ETFs) differ from actively
managed mutual funds?
O ETFs generally come with high fees while actively managed mutual funds do not
O ETFs can be traded throughout the day while actively managed mutual funds cannot
O ETFs are generally seen as high-risk investments while actively managed mutual funds are not
O ETFs use a pool of money from multiple investors while actively managed mutual funds do not
Exchange traded funds (ETFs) differ from actively managed mutual funds is : ETFs can be traded throughout the day while actively managed mutual funds cannot
What is the difference?A paramount distinction between exchange-traded funds (ETFs) and actively managed mutual funds is that ETFs can be transacted intraday on an exchange similarly to a share, whereas actively managed mutual funds are only available for purchasing or selling during the close of trading depending on their net asset value (NAV).
Furthermore, ETFs have typically been regarded as featuring reduced expense ratios when compared to actively managed mutual funds; this is largely due to the lower management charges along with trade costs. This is because ETFs are sciencefully crafted to abide by an index or certain market sector, instead of being managed by a fund manager with active decisions.
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3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
Answer:
$854.81
Explanation:
The formula for calculating the present value is as below
PV = FV/( 1 + r)^n
Where Fv =1000
r = 4% or 0.04
n= 6
PV = $1000/ (1 + 4/100)^4
PV=$1000/(1 + 0.04)^4
PV=$1000/1.16985
PV =$854.81
.
Answer:
3629.9
Explanation:
I just did the test and thats what it told me the correct answer was.
Which of the following shows the numerical balances determined by the chart of accounts?
a. Net worth ledger
b. Transaction ledger
c. Profit and loss statement
d. Balance sheet
The balance sheet shows the numerical balances determined by the chart of accounts. Option D is correct.
The chart of accounts is a list of all the accounts used by a business to record its financial transactions. Each account has a unique number and is classified by type (assets, liabilities, equity, revenues, or expenses).
The numerical balances of these accounts are used to create financial statements that provide an overview of the financial health of the business. The balance sheet is a financial statement that shows the financial position of a business at a specific point in time.
It provides information about the company's assets, liabilities, and equity, and shows the numerical balances of each account as of the date of the statement.
Therefore, option D is correct.
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What effects did zaha have on guggenheim new york?
The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.
Who is Zaha Hadid?Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.
Therefore, the correct answer is as given above
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Engines for race cars are intricate machines with up to 30,000 unique parts. fast draft, an engine manufacturer, contracts with vendors to provide most of these specialty parts while fast draft focuses on assembly. by using this structure, fast draft does not depend too heavily on any one supplier, and can adapt quickly as engine technology changes
This is an example of a Hollow Structure since Fast Draft hired different vendors for the speciality parts and chose to concentrate on assembly.
What is a hollow structure?A hollow structure is a style of organizational structure where a company outsources certain of its operations while concentrating on others.Even though they are crucial to the company's ability to produce goods and services, pieces that are frequently outsourced are those that are not regarded as key components.The business then concentrates on the essential operations.Fast Draft outsources the specialized components for the race cars before concentrating on putting them together.They are consequently outsourcing the specialised pieces that are not core components.They proceed to the main task, which is assembly. Diesel engines are considered some of the most dependable and long-lasting of all engines, and they are a marvel of engineering.Diesel engines' endurance, toughness, and dependability are mostly due to three factors:a diesel engine's general construction: gear-driven, better lubrication, and less wear. systems necessary for the engine to run.An internal combustion engine requires three main engine systems to function.These three are the fuel system, lubrication system, and ignition system.To learn more about engine technology refer
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here is a riddle
A man who was outside in the rain without an umbrella or hat didn’t get a single hair on his head wet. Why?
Answer:
he doesn't have hair
Explanation:
he won't get his hair wet if he doesn't have any
The crash davis driving school has an roe of 14.5 percent and a payout ratio of 44 percent. what is its sustainable growth rate?
If crash Davis driving school has a roe of 14.5 per cent and a payout ratio of 44 per cent. Then its sustainable growth rate is 8.84%.
Sustainable growth rate = [(ROE)(b)] / [1 - (ROE)(b)]
Sustainable growth rate=8.84%
The sustainable growth rate (SGR) is the highest rate of expansion that a business or social enterprise may maintain without increasing stock or debt financing. In other words, a sustainable growth rate measures how quickly a business can expand using only its own internal earnings and without borrowing money from other sources. By dividing the company's return on equity by its profits retention rate, the sustainable growth rate is arrived at. The formula to determine the sustainable growth rate is: Dividends paid out divided by net income is the retention rate.
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A firm operating in pure competition receives $45 for each unit of output sold. It has a variable cost of $25 per item and a fixed cost of $1600, what is its profit level π if it sells 150 items?
The profit level π if it sells 150 items is $1,400.
What is the variable cost?A variable cost is a business expense that fluctuates depending on how much the organization produces or sells.
From the given information, suppose that
π = Profit
C(x) = Cost
R(x) = Revenue, and
x = Number of Items sold
Now, as we know, the formula of profit will be:
π = R(x)-C(x)
As per the given information,
R(x) = 45x
C(x) = 25x + $1600
Now, the required π Function = (45x) – (25x + $1,600)
Then, the profit level π if it sells 150 items will be:
π = 45(150) – 25 (150) +$1600
π =$6,750–$5,350
π =$1,400
Therefore, the profit level π if it sells 150 items is $1,400.
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True or fasle: If the MCE is equal to 0.6, then 60% of the time a unit is in process is spent on activities that add value to the product.
False. The statement incorrectly assumes that the MCE (Manufacturing Cycle Efficiency) directly represents the percentage of time spent on activities that add value to the product.
However, the MCE is not directly related to the percentage of time spent on value-adding activities. The MCE is a metric used to assess the efficiency of the manufacturing process. It is calculated by dividing the value-added time by the total manufacturing cycle time. The value-added time represents the time spent on activities that directly contribute to the creation of the final product, while the total manufacturing cycle time includes both value-adding and non-value-adding activities.
Therefore, the MCE of 0.6 (or 60%) does not indicate that 60% of the time a unit is in process is spent on value-adding activities. It simply means that 60% of the total manufacturing cycle time is devoted to value-adding activities, while the remaining 40% includes non-value-adding activities such as waiting, inspection, or rework.
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a) Use your understanding to explain the difference between ‘operational energy/emissions’ and ‘embodied energy/emissions’ in the building sector.
b) Provide three detailed carbon reduction strategies architects or builders could apply to minimise operational carbon footprint.
a.) a) Operational energy/emissions in the building sector refers to the energy consumed and emissions produced during the day-to-day operation of a building.
b) Three carbon reduction strategies for architects or builders to minimize operational carbon footprint are: implementing energy-efficient design principles, integrating renewable energy systems, and improving building envelope performance.
a) Operational energy/emissions in the building sector are related to the energy consumption and associated emissions during the ongoing operation of a building. This includes the energy used for heating, cooling, lighting, appliances, and ventilation. Operational emissions are typically a result of burning fossil fuels or using electricity generated from fossil fuel sources.
Embodied energy/emissions, on the other hand, take into account the energy and emissions associated with the entire lifecycle of building materials and components. This includes the extraction of raw materials, manufacturing processes, transportation, and assembly. Embodied emissions are often attributed to energy-intensive manufacturing and transportation processes involved in creating building materials.
b) One carbon reduction strategy is to implement energy-efficient design principles. This involves optimizing the building's orientation, insulation, shading, and natural ventilation to reduce the need for mechanical heating, cooling, and lighting. Additionally, using energy-efficient appliances, lighting fixtures, and HVAC systems can further optimize energy use during operation.
Another strategy is the integration of renewable energy systems. Installing solar panels, wind turbines, or geothermal systems can generate clean electricity on-site, reducing the reliance on fossil fuel-based grid electricity and minimizing operational emissions.
Improving the building envelope's performance is another effective strategy. Enhancing insulation and airtightness of the building envelope minimizes heat loss or gain, reducing the energy required for heating and cooling. Utilizing high-performance windows, thermal insulation materials, and advanced sealing techniques can significantly improve the building's energy efficiency and decrease operational energy consumption. Implementing these strategies enables architects and builders to reduce the operational carbon footprint of buildings, resulting in lower energy consumption, cost savings, and a more sustainable built environment.
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suppose a firm is producing a level of output such that marginal revenue is equal to marginal cost. the firm is selling its output at a price of $8 per unit and is incurring average variable costs of $6 per unit and average total costs of $7 per unit. given this information, it may be concluded that the firm:
Firm has reached its greatest potential profit. When marginal revenue (MR) equals minimum cost (MC), the business is operating at that level (marginal cost). At this stage, profit is at its highest level.
Simply said, profit is total revenue less total expenses. It reveals how much your company made after expenses. Profit is a crystal-clear indicator of how your firm is operating and performing in the market because the main objective of every business is to make money. the surplus of income over expenses in a single or series of transactions. especially: net income, which is often for a specific time period, the difference between the selling price of items and their cost. In business, three different types of profit are utilized. Different Profits, Total Profit.. Operating Income., Net Gain.
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internal auditors review all aspects of operations in search of improvement, as well as review the internal control structure to determine if they are operating as expected. group of answer choices true false
Internal auditors review all aspects of operations in search of improvement, as well as review the internal control structure to determine if they are operating as expected
This statement is true.
An internal auditor (IA) is a qualified professional who works for a company to give unbiased, independent assessments of all aspects of the company's financial and operational operations, including corporate governance.
They are responsible for making sure businesses adhere to rules and laws, follow correct procedures, and operate as effectively as feasible.
An internal auditor (IA) is a qualified expert tasked with conducting unbiased assessments of the financial and operational business operations of a corporation.
They are used to make sure businesses operate effectively and adhere to proper processes. Senior management receives final reports that may also contain recommendations.
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WHAT DOESS COMPOSITION MEAN
Answer:
the nature of something's ingredients or constituents; the way in which a whole or mixture is made up.
Explanation:
Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. please select the best answer from the choices provided t f
It is false that management generally resists allowing employees to manage their own workflow because it decreases their motivation.
What are the impacts of allowing employees to manage their workflow?Employees when have the authority and responsibility in managing their own tasks then it creates higher productivity. It is due to their rise in motivation as management enhances their empowerment and involvement in the workplace.
Thereffore, when management does not offer power to control and make decisions for their task then it would dissatisfy them with work procedures.
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Answer:false
Explanation:took the test
the practice of businesses joining forces or making joint decisions which put another business at a competitive disadvantage is
The practice of businesses joining forces or making joint decisions which put another business at a competitive disadvantage is known as collusion.
Collusion refers to an agreement or understanding between businesses to cooperate in ways that harm or restrict competition, often to the detriment of other market participants. It involves actions such as price fixing, market sharing, bid rigging, or limiting production to manipulate market conditions and maintain higher profits.
Collusion is generally considered illegal in many jurisdictions as it undermines the principles of fair competition and harms consumers by reducing choices and potentially leading to higher prices. Antitrust laws and regulations are in place to prevent and punish collusion, promoting healthy competition and protecting the interests of consumers and smaller businesses.
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1. identify the steps of cell division in a prokaryotic cell.
2. list the phases of mitosis and what happens during each phase.
Here are the answers to your questions:
1. In a prokaryotic cell, cell division occurs through a process called binary fission. The steps of binary fission include:
- Replication of the genetic material (DNA) in the cell
- Elongation of the cell as the DNA strands move towards opposite ends of the cell
- Constriction of the cell membrane and cell wall, leading to the separation of the two DNA strands into two new cells
2. Mitosis is the process of cell division in eukaryotic cells, which have a nucleus and other membrane-bound organelles. The phases of mitosis include:
- Prophase: Chromosomes condense and become visible, the nuclear envelope breaks down, and the spindle fibers begin to form.
- Metaphase: Chromosomes align along the equator of the cell, and the spindle fibers attach to the kinetochores on each chromosome.
- Anaphase: The spindle fibers shorten, pulling the sister chromatids apart and towards opposite poles of the cell.
- Telophase: The chromosomes reach the poles of the cell, the nuclear envelope reforms around each set of chromosomes, and the spindle fibers break down.
- Cytokinesis: The cytoplasm of the cell divides, leading to the formation of two new daughter cells.
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Business is a part of economic activity true or false
Answer: true
Explanation:
since business is the fundamental source of our economy.