In the planning phase of the strategic marketing planning process, the tone of decision-making questions is centered on the notion of "Should we?".
The most important as it analyzes internal strengths and weaknesses, external competition, changes in technology, and industry culture shifts and provides an overall picture of the state of the organization is known as the planning phase. It involves the identification and assessment of goals, merits, shortcomings, assets, and liabilities and lays down the groundwork for the subsequent phases.
The strategic marketing planning process typically consists of several phases. These phases generally include the following:
Planning PhaseAnalysis PhaseDevelopment PhaseThe different marketing strategies that companies can use to reach their target audience and achieve their marketing goals include:
Paid advertisingCause marketingRelationship marketingUndercover marketingWord of mouthInternet MarketingTransactional marketingDiversity marketingTo learn more about the planning phase:
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which kind of flour contains more gluten and less starch
a.all purpose flour
b.bread flour
c.cake flour
d.soft flour
Answer: b. bread flour
Explanation:
Different types of flour have varying gluten and starch content which is as a result of the kind of wheat used in making the flour.
Bread flour which is also called hard flour has gluten content of 13 to 14% which makes it the highest of the options. All purpose flour has around 12%, Cake flour has about 7.5 to 9% and soft flour is quite low as well.
Analyse the impact of unproductive labour force on business sectors.
Answer:
An unproductive labor force can have a significant impact on business sectors. It can lead to a decrease in productivity and a drop in profits. the most direct impact on the economy of an unproductive labor force is lost output in terms of goods and services. With no income tax to collect and the loss of receipts from indirect taxes payers. Small operations, in particular, must remain competitive to succeed, and an unproductive work environment decreases the business’s competitive edge. This can have a serious financial effect on the bottom line, even to the point of prompting closure.
Explanation:
I hope this helps
Interest on a savings account is considered income. False False
ECONOMICS-100pts-NEED THIS DONE BY TODAY-
List and fully explain each of the phases of the Business Cycle.
Answer:
Explanation:
1. Expansion
The first stage in the business cycle is expansion. In this stage, there is an increase in positive economic indicators such as employment, income, output, wages, profits, demand, and supply of goods and services. Debtors are generally paying their debts on time, the velocity of the money supply is high, and investment is high. This process continues as long as economic conditions are favorable for expansion.
2. Peak
The economy then reaches a saturation point, or peak, which is the second stage of the business cycle. The maximum limit of growth is attained. The economic indicators do not grow further and are at their highest. Prices are at their peak. This stage marks the reversal point in the trend of economic growth. Consumers tend to restructure their budgets at this point.
3. Recession
The recession is the stage that follows the peak phase. The demand for goods and services starts declining rapidly and steadily in this phase. Producers do not notice the decrease in demand instantly and go on producing, which creates a situation of excess supply in the market. Prices tend to fall. All positive economic indicators such as income, output, wages, etc., consequently start to fall.
4. Depression
There is a commensurate rise in unemployment. The growth in the economy continues to decline, and as this falls below the steady growth line, the stage is called a depression.
5. Trough
In the depression stage, the economy’s growth rate becomes negative. There is further decline until the prices of factors, as well as the demand and supply of goods and services, contract to reach their lowest point. The economy eventually reaches the trough. It is the negative saturation point for an economy. There is extensive depletion of national income and expenditure.
6. Recovery
After the trough, the economy moves to the stage of recovery. In this phase, there is a turnaround in the economy, and it begins to recover from the negative growth rate. Demand starts to pick up due to low prices and, consequently, supply begins to increase. The population develops a positive attitude towards investment and employment and production starts increasing.
Employment begins to rise and, due to accumulated cash balances with the bankers, lending also shows positive signals. In this phase, depreciated capital is replaced, leading to new investments in the production process. Recovery continues until the economy returns to steady growth levels.
This completes one full business cycle of boom and contraction. The extreme points are the peak and the trough.
What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?
What is an investment portfolio?
A. A selection of varied accounts
B. A selection of varied instruments
C. A selection of varied applications
D. A selection of varied stocks and bonds
Answer:
In finance, a portfolio is a collection of investments aka stocks and bonds!
How do I Identify ways in which local businesses apply the marketing concept domestically and abroad and determine how it affects the business customers?
Invest in sponsored social media marketing campaigns or run Face-book banner advertising. Retargeting advertising should be used for prospects who have already visited your website. Customers social media contests to attract new clients.
Promote your products on the radio or television. International marketing is vital since it exposes your company to a bigger, global audience. On a brand level, foreign marketing provides opportunities for improved exposure, product awareness, and sales. Local marketing Customers is when you market your business to people within a certain geographical radius, such as those in your neighborhood or city. By focusing on a single area, you can begin to raise awareness of your products and services in the market that is nearest to you.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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While moving into a newly purchased home, the buyer discovered that the seller had taken the ceiling fan that hung over the dining room table. The seller has not indicated that the ceiling fan would be removed, and the contract did not address this issue. Which statement is TRUE
Options :
a. Ceiling fans are usually considered real estate.
b. The ceiling fan belongs to the seller.
c. Ceiling fans are considered trade fixtures.
d. Ceiling fans are considered personal property.
Answer: a. Ceiling fans are usually considered real estate.
Explanation: The ceiling fan should be transferred to the buyer as it is considered real estate. Items of this nature becomes part of the real estate property as they have become attached to the home. Also, since ceiling fan is present at the time of purchase and there was no written or verbal agreement that it will be detached from the property once the property is sold. Therefore, the ceiling fan is a real estate and should be a part of what was purchased by the buyer.
HELP ASAP! PLEASE!
1.Why were Madame C. J. Walker’s accomplishments so impressive?
2.What is the advantage of having a mentor?
3.Why might it be better to wait until you have your license to purchase cosmetology supplies?
4.What factor should be the first priority in storing chemicals that cosmetologists use when performing services?
5.List three elements that should be part of a marketing plan.
Answer:
1. Walkers acomplishments were very impressive because of the ineqaulity she had during her time off work.
2. Having a mentor can mean that you have somone who made mistakes that can better you into not making the same mistakes.
3. It would be better to have your license so you can prove that you are legally qaulified to work at a salon.
4. Somewhere that the consumers can see the products.
5. Budget, advertisement, positioning
Explanation:
Madame C. J. Walker’s accomplishments so impressive as the inequity she experienced during her time off work, Walker's accomplishments were particularly outstanding.
What is a marketing plan?A marketing plan is defined as the company's strategy for selling its product or service through advertising.
The marketing plan will aid in determining who the target market is, how to best contact them, what price point the product or service should be sold at, and how the organization will track its progress.
The Madame C. J. Walker’s accomplishments so impressive because of the inequity she experienced during her time off work, Walker's accomplishments were particularly outstanding.Having a mentor can mean having someone who has made mistakes and can help you avoid making the same ones.Having the license will allow the person to demonstrate that the person is legally qualified to work in a salon.The factor should be the first priority in storing chemicals that cosmetologists use when performing services is a location where customers may see the merchandise.The three elements that should be part of a marketing plan are the Budget, promotion, and positioning.Learn more about the marketing plan, refer to:
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there is a surplus of a new brand of cereal on the market. what will likely happen to the price of the cereal?
Answer:
The price of the cereal would fall.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.
In the context of decision making, a _______ is a gap between a desired state and an existing state. Problem benchmark demand minimum threshold
In the context of decision making, a problem is a gap between a desired state and an existing state.
A problem is a situation where there is a deviation or discrepancy between what is currently happening (existing state) and what should ideally happen (desired state). Problems create a need for decision making and problem-solving to bridge the gap and achieve the desired outcome.
Problems can arise in various aspects of life, such as personal, professional, or organizational settings. Identifying and defining the problem accurately is an essential step in the decision-making process as it sets the foundation for developing effective solutions and making informed choices.
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11-M.2 MASTERY PROBLEM (Review of Chapters 9, 10, and 11), p.
340
Journalizing and posting transactions
Journalizing is the systematic filing of transactions in the right journals. Every incident is documented with double-entry is corresponded in an opposite entry as well.
Journalizing transactionsOnce one's firm earns or spends money, post the transaction in at least two different accounts – a debit and a credit account. This is called the double-entry method.
Posting transaction is the transferring of the data one has recorded in journaling to ledger accounts
Therefore, the two concepts are as defined above.
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Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D
Answer: B. a variety of companies
Explanation:
Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.
On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.
Depreciation is the accountant's estimate of the cost of ______ used in the production process matched with the benefits produced from owning it.
Answer:
Fixed assets and equipment
Explanation:
Depreciation is the accountant's estimate of the cost of fixed assets and equipment used in the production process matched with the benefits produced from owning it.
It is the decrease in the value of assets and the method used to reallocate the cost of asset over its useful life span.
Assets can be categorized as :
1. Current
2. Fixed
3. Tangible
4. Intangible assets.
In accounting, there are several standard methods of computing depreciation expense:
1. Fixed percentage
2. Straight line
3. Declining balance methods.
All financial statements are important, but most managers tend to have one that they look to first. If you were a potential contributor or investor looking at the financial statements of a local regional medical center, which document would you start with? Explain why.
While other financial statements like the Balance Sheet and Cash Flow Statement are important for a comprehensive analysis of the medical center's financial position and cash flow, the Income Statement is a starting point that provides a clear picture of the medical center's revenue, expenses, and profitability.
If I were a potential contributor or investor looking at the financial statements of a local regional medical center, the document I would start with is the Income Statement, also known as the Statement of Operations or Profit and Loss Statement.
The Income Statement provides a summary of the medical center's revenues, expenses, and net income (or loss) over a specific period, typically on an annual or quarterly basis. Here's why I would choose to start with the Income Statement:
1. Overall Financial Performance: The Income Statement gives an immediate snapshot of the medical center's financial performance. It shows whether the medical center is generating a profit or incurring a loss. By looking at the net income (or loss), I can assess the financial health and profitability of the medical center.
2. Revenue Breakdown: The Income Statement breaks down the medical center's revenue sources. This allows me to understand the composition of the revenue streams, such as patient services, insurance reimbursements, government funding, or other sources. Evaluating the revenue mix helps me gauge the diversity and stability of the medical center's income sources.
3. Expense Analysis: The Income Statement provides a breakdown of various expense categories, such as personnel costs, supplies, facility expenses, and administrative costs. Analyzing the expense structure allows me to understand the medical center's cost management and efficiency. It helps identify areas of potential cost reduction or areas where expenditures may be increasing disproportionately.
4. Profitability Ratios: Using the information from the Income Statement, I can calculate key profitability ratios such as gross profit margin and net profit margin. These ratios provide insights into the medical center's ability to generate profits from its operations, allowing me to compare its financial performance with industry benchmarks or similar healthcare organizations.
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In the problem solving process, the first step is to try to ______. a. Generate multiple solutions b. Identify the factors and causes c. Decide on a solution d. Identify the problem Please select the best answer from the choices provided A B C D
Answer: Identify the problem (Option d)
Explanation:
Identifying the issue is akin to unlocking a door. If the person is oblivious to the problem, he will be unable to develop solutions because the question of what solutions will be generated will occur. Furthermore, factors and causes cannot be known without the context in which we will analyze the causes and factors, and without understanding the context, we cannot decide on a solution.
As a result, the correct option is to Identify the problem (a), then generate several solutions, then analyze the various options, which include pros and disadvantages or aspects, and finally complete the final phase, which is deciding on an effective and efficient solution that will lead us to our goal.
A married couple earn $206,000 in regular income from their jobs. They also own stock that they purchased in July 2021 for $160,000 that they sell for $183,000 in March of 2022. Solve for the amount of taxes they will be forced to pay from their stock transactions? (Note: solve only for the stock transactions, do not solve for the taxes on their regular incomes) Question 2 options: a. $0 b. $2,745 c. $3,450 d. $5,520 e. None of the above.
The couple will owe $3,450 in taxes from their stock transactions if we assume a tax rate of 15%. The answer is option C: $3,450.
To calculate the taxes owed from the sale of stock, we need to determine the capital gain. Capital gain is calculated by subtracting the cost basis (purchase price) of the stock from the selling price.
Capital Gain = Selling Price - Purchase Price
In this case, the selling price is $183,000 and the purchase price is $160,000, so the capital gain is:
Capital Gain = $183,000 - $160,000
Capital Gain = $23,000
The next step is to determine whether the capital gain is a short-term or long-term gain. If the stock was held for more than one year before it was sold, it is considered a long-term gain. If the stock was held for one year or less, it is considered a short-term gain. In this case, based on the information given, we do not know how long the couple held the stock. Therefore, we will assume that it is a short-term gain.
Short-term capital gains are taxed at the same rate as regular income. The tax rate depends on the couple's tax bracket, which we do not have enough information to determine. However, we can assume a tax rate of 15%, which is a common rate for taxpayers in the middle-income range.
Taxes Owed = Capital Gain x Tax Rate
Taxes Owed = $23,000 x 0.15
Taxes Owed = $3,450
Therefore, the couple will owe $3,450 in taxes from their stock transactions if we assume a tax rate of 15%. The answer is option C: $3,450.
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Miriam Claude, a citizen of Florida, was walking along a busy street in Tallahassee, Florida, when a large crate flew off a passing truck and hit her, causing numerous injuries. She experienced a great deal of pain and suffering, incurred significant medical expenses, and could not work for six months. She wants to sue the trucking firm for $300,000 in damages.
A) Before any court can hear any dispute between Miriam and the trucking company, it must have ________ (select answer: jurisdiction, stare decisis, a federal question, corporate contacts) over the person or company against whom the suit is brought against or over the property involved in that lawsuit. In order for Miriam to sue the trucking firm, she has to file the lawsuit in a court that has in personam jurisdiction over the _________ (select answer: plaintiff, defendant). The firm's headquarters are in Georgia, although the company does business in Florida, so ________ (select answer: only Georgia has, only Florida has, Georgia and Florida have) in personam jurisdiction over the trucking firm. Miriam ________ (select answer: can, cannot) sue the trucking firm in both Georgia and Florida state courts.
B) Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to:
- Get a lawyer in ________. (select answer: Georgia, Florida)
- Make multiple trips to ________. (select answer: Georgia, Florida)
- Have _______ (select answer: a judge and jury from Florida, witnesses) travel to Georgia.
C) Miriam would likely want to sue the trucking firm in Florida because:
- It is _______. (select answer: less convenient for the trucking firm, more likely to result in a favorable outcome for her, closer to her home)
- She can better research ________. (select answer: local lawyers, her legal rights)
D) Miriam ______ (select answer: can, cannot) sue the trucking firm in a federal trial court because ________ (select answer: she and the company are residents of different states, the accident happened in the United States, the trucking firm is a federal government business) and _________ (select answer: the amount in controversy is over $75,000, the trucking firm is a federal government business, the accident happened in the United States).
E) Miriam ______ (select answer: could, could not) still sue in Florida because the trucking company has ________ (select answer: maximum, minimum) contacts in Florida since it caused the accident in _______ (select answer: Florida, Georgia). If the truck did not cause the accident and was just passing through, Miriam _________ (select answer: could, could not) sue in Florida since there were no _______ (select answer: maximum, minimum) contacts. _________ (select answer: short-arm statutes, long-arm statutes) allows one state to reach into another state and bring a defendant into the first state's courts.
BONUS QUESTION:
What are the three steps of a civil trial? Choose 3 answers
a) jury selection
b) opening arguments
c) presentation of testimony and evidence
d) closing arguments
The way the justice system works in the United States is that Miriam Claude can sue the trucking firm in both Georgia and Florida. Other facts are explained below with missing words underlined.
Facts about Jurisdiction.A court can only hear the case if it has jurisdiction over the defendant. The trucking company has its headquarters in Georgia but operates in Florida. This means that both Georgia and Florida have jurisdiction and so Miriam can sue in both state courts.
Suing in GeorgiaMiriam would not want to sue in Georgia because she would have to get a lawyer in Georgia and take multiple trips to Georgia. She would also have to get witnesses to travel to Georgia.
Suing in FloridaMiriam would prefer to sue in Florida because closer to her home and she can better research local lawyers.
Suing in federal courtMiriam can sue in federal court because she and the company are residents of different states and the amount in controversy is over $75,000.
Suing in FloridaMiriam could still sue in Florida because the company has minimum contacts in Florida as it caused the accident in Florida.
If it had not caused the accident and was only passing through, Miriam could not sue in Florida because there would be minimum contact. Long-arm statutes allows one state to bring a person to their courts from another state.
Steps in Civil TrialFirst there are opening arguments. There will then be a presentation of evidence and testimony related to the case and then there will be closing arguments.
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what is double entry in financial accounting
Answer:
method of recording transactions where for every business transaction, an entry is recorded in at least two accounts as a debit or credit. In a double-entry system, the amounts recorded as debits must be equal to the amounts recorded as credits.
If a product costs £80 to manufacture and a 15% mark-up is added, the price at which the product will be sold is:
Answer:
92£
Explanation:
80 * 1.15 = 92
What determining factor do buyers use to
select products in a pure competition
market?
A. Quality
C. Profit
B. Brand
D. Price
Answer: D
Explanation:
Answer: In a pure competition market, the determining factor that buyers use to select products is price. Therefore, the correct answer is option D: price.
Explanation: In a pure competition market, the determining factor that buyers use to select products is price. In a pure competition market, there are many buyers and sellers, and the products offered by the sellers are largely the same. In this type of market, buyers will typically choose the product with the lowest price, as there is little difference between the products offered by the different sellers. Other factors, such as quality, brand, and profit, may also play a role in a buyer's decision, but in a pure competition market, price is typically the most important factor.
As production manager of a steel manufacturing plant, you are very concerned with keeping the blast furnace running continually. what type of production does your plant use
Flow or Continuous Production is the type of production does your plant use.
Which four categories of operations management are there?Finance, customers, internal processes, and learning and innovation are the four fundamental focus dimensions that guide every organization. These theoretical categories of operations management are based on the work of David P. and Robert S.
Which of the following tactics is a good one to use to lower staff turnover?Bonuses subject to successful completion of an organization's exercise program. In addition to being in charge of overseeing recruiting and firing, human resources must also consider strategies to reduce employee job churn.
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What are called public services? Give any five examples.
Answer:
Supplying gas or electricity MilitaryPublic transportation ( Bus, Trains+)Emergency services Public broadcasting ( includes television, radio+)Explanation:
hopefully this helps !
Explanation:
Supplying gas or electricityMilitaryPublic transportation ( Bus, Trains+)Emergency servicesPublic broadcasting ( includes television, radio+)Thanking myself for the wonderful answer <33
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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To allow whistleblowers to come forward with information organizations should ________
i. allow for complete
ii. anonymity
iii. create an open-door policy
iv. protect them from retaliation
To allow whistleblowers to come forward with information organizations should protect them from retaliation. A whistleblower is someone who comes out and divulges their knowledge of any wrongdoing they believe is taking place either throughout the entire organization or in a particular department.
A whistleblower is somebody who reports any illegal activity, whether they be an employee, contractor, or supplier. There are particular rules designed to shield whistleblowers from losing their jobs or receiving unfair treatment. The majority of organizations have a distinct policy that outlines exactly how to report such an incident. Whistleblowers might be either internal or external.
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Drag the tiles to the correct boxes to complete the pairs.
Match each term to its description.
Tiles
1) depreciation
2) floating exchange rate
3) appreciation
4) fixed exchange rate
5) managed exchange rate
Pairs
an exchange rate system in which the central bank fixes the value of its currency to another currency
what happens to a currency If demand for a country's goods increases
a hybrid exchange rate system in which the currency
value floats within a limited range of values
decrease in the value of a currency in relation to another currency
an exchange rate system in which the value is set by supply and demand for the currency in the free market
Answer:
See photo
Explanation:
1. Depreciation - decrease in the value of a currency in relation to another currency.
2. Floating exchange rate - an exchange rate system in which the value is set by supply and demand for the currency in the free market.
3. Appreciation - what happens to a currency if demand for a country's goods increases.
4. Fixed exchange rate - an exchange rate system in which the central bank fixes the value of its currency to another currency.
5. Managed exchange rate - a hybrid exchange rate system in which the currency value floats within a limited range of values.
What is depreciation?Depreciation refers to the monetary value of an asset which decreases over time. The decrease may be caused by a number of other factors as well such as unfavorable market conditions etc.
What is the floating exchange rate?A floating exchange rate is an exchange rate system where a country’s currency price is determined by the foreign exchange market, depending on the relative supply and demand of other currencies.
What is Fixed exchange rate?
A fixed exchange rate is an exchange rate where the currency of one country is linked to the currency of another country or a commonly traded commodity like gold or oil. Nowadays, countries usually link their currencies to their trading partners like the United States dollar.
What is Managed exchange rate?
Under the managed exchange rate system, the exchange rate is predominantly determined in the foreign exchange market by supply of and demand for a currency.
Hence, the answer was given and explained above.
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True/False
1. A thank you note sent after a job interview will serve as a reminder to those people you met.
2. When giving the time of your emploment on your resume, be sure to specify only the year of starting and ending of each job.
3. If an interviewer asks you what your weakness are, you should think for a moment before answering.
4. To prevent discrimination, all applicants for a job should be asked the same questions during an interview.
A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
What is an interview for a job?A job interview is known to be a kind of conversation tak that is said to occurs between a said and potential employer and that of a job applicant.
Note that During the job interview, the employer is one who has a lot of opportunity to appraise any kind of applicant's qualifications, as well as their appearance and full fitness in regards to the job opening.
Hence, A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
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Latasha Jones decided to go into business for herself. As a talented Web designer, she decided to open a small consulting firm with $5,000 of her own money, for which she received common stock. Latasha borrowed $500 from her best friend to help get the business started, and in exchange, she gave her friend an I-owe-you (IOU). The company bought a state-of-the-art desktop computer, complete with the accessories and software needed to get the business off the ground, at a total cost of $6,000. The business required a separate phone line, which cost $450. Then, the company put an advertisement in the local newspaper, at a cost of $45 per month for weekly ads. The company was ready to go. There are 5 transactions and all of the payments were cash.
Answer:
Operating transactions are those that have to do with the normal day to day operations of the business such as expenses and revenue.
Investing activities have to do with transactions involving capital goods(fixed assets) as well as investments into the securities of other businesses.
Financing activities concern the provision of capital to the business to finance operations. It involves equity and debt.
FINANCING TRANSACTONS
1. $5,000 used to open the Consulting firm from Latasha's own money.
2. $500 borrowed from her best friend.
INVESTING TRANSACTIONS
1. $6,000 spent on state-of-the-art desktop computer (fixed asset).
OPERATING TRANSACTIONS.
1. Separate phone line which cost $450.
2. Advertisement in local newspaper of $45.
The beginning part of the question is;
Identify the transactions from the following story. For each, identify the transaction as operating, investing, or financing.
1. Financing transactions involves the provision of capital to finance the business operations. Examples are debt and equity.
$5,000 used to open the Consulting firm from Latasha's own money. $500 borrowed from her best friend.2. Operating transactions are those daily(routine) operations of the business which includes expenses and revenue.
Separate phone line which cost $450. Advertisement in local newspaper of $453. Investing transactions are concerned with investment of capital goods(fixed assets) in the business and also investments into securities of other businesses.
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Which stage of the money laundering process occurs when funds gained from criminal activity enter the financial institution?.
Integration is the stage of the money laundering process occurs when funds gained from criminal activity enter the financial institution.
What is money laundering?Money laundering is the illegal way of financial transaction which is gained illegally. The procedure of money laundering can be divided into three steps. First, the money ends up in the hands of the launderer as a result of criminal activities.
Thus, it is integration.
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