Karen's debt-to-equity ratio is calculated by dividing her total liabilities ($90,000 + $12,000 = $102,000) by her total assets (her net worth of $30,000). Therefore, her debt-to-equity ratio is $102,000/$30,000 = 3.4.
This ratio measures how much of Karen's assets are financed through debt. A higher debt-to-equity ratio implies that a greater proportion of assets is financed through debt, which can be more risky. In Karen's case, the ratio is 3.4, indicating that her assets are mainly financed through debt.
Karen's debt-to-equity ratio can be improved by increasing her net worth and/or paying off some of her debt. To increase her net worth, she could save more money and/or increase her income. She could also work to pay off some of her debt, such as paying off her car loan in full or paying off part of her mortgage. Paying off debt can also improve her credit score and open up more financing options in the future.
In conclusion, Karen's debt-to-equity ratio is 3.4, which is relatively high. To improve this ratio, she should focus on increasing her net worth and paying off some of her debt. Doing so will reduce her risk of financial instability and open up more financing options in the future.
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Are the following statements true or false? Explain in each case.
“Two countries can achieve gains from trade even if one of the countries has an absolute advantage in the production of all goods.”
“Certain very talented people have a comparative advantage in everything they do.”
“If a certain trade is good for one person, it can’t be good for the other one.”
“If a certain trade is good for one person, it is always good for the other one.”
“If trade is good for a country, it must be good for everyone in the country.”
1. True. Even if one country has an absolute advantage in the production of all goods, both countries can still benefit from trade if the other country has a comparative advantage in the production of certain goods.
2. False. Even the most talented people are not good at everything but they might be better at some things than others, but they cannot be excellent at everything.
3. False. Trade can be beneficial for both parties involved.
4. False. Trade can be beneficial for one party but not necessarily for the other.
5. False. International trade can have negative consequences for certain groups of people.
2009 & JUNE 2015). Salamata Njais cash book on 28th February, 2006 showed a credit balance of D2,740 and h statement showed a balance of D1,600 overdraw on the same date. On investigation, the following were revealed. a. A cheque issued to Jon Alfa amounting to D900 had not been presented to the bank for payment. c. A cheque of D820 from Hajia Fatou entered in the cash book as paid into the bank had been credited by the bank. d. The receipts side of the cash book had been undercast by D440 e. Bank charges of D150 entered in the bank statement had not been entered in the cash bo f. A cheque for D1,100 drawn on the accounts had been charged by the bank in error to an account. g. A cheque for D200 paid into the bank had been dishonoured and shown as such by the b but no entry was made in the cash book. h. i. A cheque drawn for D62 had been entered in the cash book in error as D26 A cheque for D94 drawn by another customer of the same name had been charged into Salamata Njai's bank account in error. You are required to: a. Show the appropriate adjustments to be made in the cash book; and b. Prepare a bank reconciliation statement as at 28th February 2006. (NOV. 2007)
Answer:
had been charged by the bank in error to an account. g. A cheque for D200 paid into the bank had been dishonoured and shown as such by the b but no entry was made in the cash book. h. i. A cheque drawn for D62 had been entered in the cash book in error as D26 A cheque for D94 drawn by another customer of the same name had been charged into Salamata Njai's bank account in error. You are required to: a. Show the appropriate adjustments to be made in the cash book; and b. Prepare a bank reconciliation statement as at 28th February 2006. (NOV. 2007)
Differentiate between generic and enterprise competition
Answer:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseFor better understanding, lets explain what Differences between generic and enterprise competition
Generic competition is a type of competition that is outward-oriented and focuse on products. the market that exists here consists of those products and services fulfilling the same customer needCompetitive Enterprise is simply when an existing or planned business enterprise are involved or engages in any activity and also owns or controls some a useful interest and are involved in any activity that tends to competes or will compete with other enterpriseFrom the above, we can therefore say that the answer
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseLearn more about enterprise competition from:
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Match the requirements for application to the type of school.
1. requires high school transcripts or GED application
graduate school
2. requires high school transcripts as well as the SAT or ACT, which demonstrate the ability to succeed
career or technical program
3. requires college transcripts that demonstrate a bachelor’s degree was earned; may require the GRE or another specific exam that demonstrates the ability to succeed in a specific program
Things to match to: graduate school, career or technical program, and university
Answer:
1. graduate school
2. career or technical program
3. university
Explanation:
I'm assuming after thoroughly reading your long descriptions.
Researching and planning are important aspects of choosing a career because they
help determine the projected demand for a career
determine how long you will be in a career
allow you to choose your future boss
allow you to choose the people you will be working with
Answer:
the answer for this is going to be A
Answer:
because it helps to choose many things
What is it called when nations can legally agree that they will limit prevent or have open trade between two or more nations?
The trade agreements can be described as nations when they legally agree that they will limit, prevent, or have open trade between two or more nations.
The trade agreements can be referred to or considered as the agreement between two or more nations, such that there is a legal understanding, to perform or abstain from performance of trade activities to ensure maximum advantage for economies of the nations that are a part of this trade agreement, as such. The involved nations are completely binding and under an obligation to abide by the regulations of the agreement.
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only insider threat indicators observed during working hours in the workplace are reportable. what happens in someone's off time is his or her business
Only insider threat indicators observed during working hours in the workplace are reportable, meaning that any suspicious or potentially harmful behavior exhibited by an employee within the work environment should be brought to the attention of relevant authorities or management. Such indicators may include unauthorized access to sensitive information, unexplained changes in behavior, or inappropriate discussions regarding confidential data.
What happens in someone's off time, however, is considered their personal business. It is essential to maintain a balance between ensuring workplace safety and respecting individuals' privacy rights. Monitoring employees outside of work hours may infringe upon their personal liberties, and therefore, is generally not reportable.
Nonetheless, if an employee's off-time behavior poses a significant and direct risk to the organization or its personnel, it may be necessary to report such information. In such cases, it is crucial to evaluate the severity of the threat and ensure that the reporting process complies with applicable laws and regulations.
In summary, only insider threat indicators observed during working hours in the workplace are reportable, while an employee's off-time activities are considered personal business. Striking the right balance between workplace safety and respecting privacy rights is essential to maintain a harmonious and secure working environment.
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Jensen was unable to meet a project deadline, and he noticed that his friend was finding it equally difficult to complete the project on time. Jensen put the blame on the management as he felt that it didn't provide the employees with adequate resources to successfully complete the project. In this scenario, Jensen's perception represents a(n) _____
The perception of Jensen to blame the management regarding the unavailability of resources is a representation of defensive bias.
What is bias?A bias is a partial psychological orientation, which represents favor towards a particular thing or condition.
When someone does want to blame himself for not being able to complete the tasks being assigned, such a person will represent a defensive bias, so that he diverts the blame from himself.
Hence, the defensive bias of Jensen is represented in the situation as aforementioned.
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in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute
Answer:
agency regulations i think
in an arithmetic progression U5=-1/2 and S7=21 find a, d and U9
Answer:
The value of a, d, and U9 is "\(\bold{ \frac{27}{2}, - \frac{7}{2}, \ and , - \frac{29}{2}}\)".
Explanation:
Given:
\(U_5=-\frac{1}{2}\\\\S_7=21\)
Find:
a, d, U9=?
formula:
\(T_n=a+(n-1)d\\\\S_n=\frac{n}{2}(2a+(n+1)d)\)
Solve:
\(\to U_5 = a+4d= -\frac{1}{2}\\\ \to 2a+8d= -1\\\ \to 2a= -1-8d....(a)\\\\ \to S_7 =\frac{7}{2}(2a+(7-1)d)\\\\ \to S_7 =\frac{7}{2}(2a+6d)\\\\ \to 21= \frac{7}{2} (2a+6d)\\\\ \ put \ the \ 2a \ value\\\\ \to 21= \frac{7}{2} ((-1-8d)+6d)\\\\ \to 21= \frac{7}{2} (-1-8d+6d)\\\\ \to 21= \frac{7}{2} (-1-2d)\\\\ \to \frac{21 \times 2}{7}= -1 -2d\\\\ \to 6 = -1 -2d\\\\ \to 2d=-7\\\\ \to d= -\frac{7}{2}\)
put the value of d in equation a:
\(\to 2a= -1-8 \times \frac{-7}{2}\\\\\to 2a= -1+ 28\\\\\to 2a= 27\\\\\to a =\frac{27}{2}\\\)
\(\to \bold{U_9 = a+8d}\\\\\)
put a and b value in above equation:
\(\to U_9 = \frac{27}{2}+8\times\frac{-7}{2} \\\\\to U_9 = \frac{27}{2}- 28\\\\\to U_9 = \frac{27-56}{2}\\\\\to U_9 = \frac{-29}{2}\\\\\)
for managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets.
The statement "For managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets." is False
This is further explained below.
What are managers?Generally, Within an organization, it is the responsibility of managers to organize and supervise the work of a certain group, project, or sector.
The position of a manager within an organization may have a direct bearing on the breadth and depth of the obligations they are expected to do.
When someone has the job title of manager, it may signify that they are in charge of managing a specific function or an entire team.
In conclusion, The assertion that "Product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets" is untrue in any organization:
"For managers, in any organization, threats include product or service niches that are underserved."
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Complete Question
for managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets.
True or false
On a coordinate plane, a curved line with a minimum value of (negative 1, negative 2), crosses the x-axis at (negative 2, 0) and the y-axis at (0, 0). Determine the x-intercepts of the function. Check all that apply.
Answer:
i know its late but
ON EDG 2020
(-2,0) and (0,0)
Explanation:
Hope this helps!
(probably not)
Answer:
A and C
Explanation:
What information would be beneficial in determining if a company is a worthwhile investment?
What industries are on the upswing and will be needing more funding?
Are there individual companies with a great amount of potential growth?
The information that would be beneficial in determining if a company is a worthwhile investment is the business model, the earnings growth, and the plans of the company. Moreover, companies that focus on technology and services are more likely to need investors.
What information would be beneficial in determining if a company is a worthwhile investment?Before you invest in any company you need to understand how the company is doing and what will possibly happen with it in the next months and years. Due to this, it is a good idea to know about:
The mission of the company.The busieness model.The earnings growth.Plans and predictions.What companies require more investment?Considering the most important sectors in market are technology and services, it is likely these companies require more investment.
Are here individual companies with a great amount of potential growth?Yes, even small local companies can have a great potentia of growth depending on their model and products/services offered.
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List and explain ten factors to consider in preparing family income
Answer:
1. Availability of Money:
The expenditure of a family depends upon the availability of money or total income of the family. It can afford to spend under various needs. In lower income group, families expenditure is more on food. Higher income group families spend more on recreation, education and luxuries etc.
2. The size and the composition of the family:
Expenditure depends upon the size and composition of the family. The size of the family means the number of adults and children. The more the mouths to eat the expenditure is more on food, clothing and shelter. With the growth of children, more will be spent on education and clothing. More will be spent towards transportation when the members go out of the house for work or study.
Composition of the family means the number of adults and children in the family. It also includes the number of males, females and old persons. For old persons, extra expenditure will be incurred towards health and medical expenses.
3. Stages of family life cycle:
Family life cycle plays an important role in spending money. At the beginning stage, most part of the family income is spent towards the establishment expenditure as a newly married couple starts their family life. In the expanding stage families need money for the children, their food, dress, education etc. Some families in the expanding stage spend more on purchasing durable household goods, furniture etc. In the contracting stage major expenditure is on wedding celebration of their children. During this stage, the family income is gradually reduced. So the expenditure should be cut short.
4. Occupation of the family members:
Sometimes expenditure of the family depends upon the occupation of the family members. In certain jobs, there are special benefits like free quarters, educational facilities for children, health and medical allowance, travelling allowance etc.
5. The needs and objectives of the family:
Expenditure will be done according to the needs and objectives of the family. For example, a family where young children are there, more will be spent for nutritious foods. Old people require health and medical expenses. Working women spend money for the servants as they do not find time to do the household work.
6. Resources:
Both human and material resources can make significant changes in the pattern of expenditure of a family. The abilities, skill, knowledge, interest, attitude and habits of the members of the family can be utilized for various purposes as supplementary income.
7. Locality of the family:
In rural areas more will be spent on food. But in urban areas the expenditure is more on education, recreation, transportation, accommodation etc.
8. Socio-economic status of the family:
The socio-economic status of the family is determined by its income, education level and occupation of the members. The higher the socio-economic status the expenditure will be more on interior decoration, higher education, club membership, accommodation, recreation etc. The total expenditure depends on the standard of living the family maintains.
9. Social and religious traditions:
Some families accept old and traditional values. So they spend more on marriages and religious festival.
10. Personal choice:
Expenditure depends upon the personal choice. For example, one person may have a liking for expensive perfumes and jewellery while another may have simple tastes. Expenditure is also affected by the measures taken in the family to make provision for the future like house building, higher education of children etc. The home-maker will be able to manage with her income by cutting out unnecessary and extravagant expenditure. “One must cut one’s coat according to his cloth.”
This saying is rightly proved in home management. Balancing of income and expenditure is the best way of money management. Whatever the income may be, the efficient management of money is a requisite for a happy, successful and peaceful family life.
Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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An investment counselor calls with a hot stock tip. He believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. If the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. However, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. You contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. What is the expected profit from this investment?
Answer: 11,000
Explanation:
Given the following :
PROFIT on investment when economy is strong = 40,000
Profit on investment when economy is moderate = 10,000
Loss on investment if economy goes into recession = 40,000
Probability that economy remains strong = 20%
Probability that economy will grow moderately = 70%
Probablity of slipping into recession = 10%
Expected profit on investment :
(20% × 40,000) + (70% × 10,000) - (10% × 40000)
(0.2 × 40000) +(0.7 × 10,000) - (0.1 × 40000)
8000 + 7000 - 4000 = 11,000
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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use the accompanying table to calculate the output gap for each year. year real gdp (trillions of $) potential output (trillions of $) 2014 $17.11 $17.38 2015 $17.46 $17.69 2016 $17.78 $17.99 2017 $18.22 $18.29 2018 $18.77 $18.65 a. 2014 output gap: percent b. 2015 output gap: percent c. 2016 output gap: percent d. 2017 output gap: percent e. 2018 output gap: percent f. when there is a negative output gap, there are resources. g. what was the change in the output gap change between 2017 and 2018? change from 2017 to 2018:
To calculate the output gap, we need to subtract the potential output from the real GDP for each year. The output gap represents the difference between the actual level of economic output and the level that could be achieved if all resources were fully utilized.
Here are the calculations for each year: When there is a negative output gap, it indicates that the actual economic output is below the potential output. This means there are unused or idle resources in the economy, such as unemployed labor or underutilized capital.To calculate the change in the output gap between 2017 and 2018, we need to subtract the 2017 output gap from the 2018 output gap.
The output gap is calculated by subtracting the potential output from the real GDP. A negative output gap indicates that the actual economic output is below the potential output, suggesting the presence of unused resources. In this case, there were negative output gaps in all the years except for 2018, where the output gap was positive. The change in the output gap between 2017 and 2018 was an increase of $0.19 trillion.
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Fiona wrote a check to the veterinarian for $89. 56. She’ll use the check register to record her transaction. What will be her new balance? A check register has a balance of 2,324 dollars and 41 cents. 225 dollars and 14 cents is debited, 475 dollars and 12 cents is deposited, and 25 dollars and 89 cents is debited. $2,458. 94 $2,484. 83 $2,549. 55 $2,575. 44.
Fiona's new balance would be $2,458. 94.
When a debit transaction takes place, money is withdrawn from the account. Thus the amount of money in the account would be reduced by the amount withdrawn. Debits would be withdrawn from the balance.
When a credit transaction takes place, money is deposited into the account. The amount of money in the account increases by the amount deposited. Deposits would be added to the balance.
New balance = 2324,41 - 89.56 - 225.14 + 475.12 - 25.89 = $2,458. 94.
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four reasons why Corona virus could be harmful to economic growth??
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
Would you ever consider opening a restaurant? Why or why not?
Answer:
yes
Explanation:
because I would be surrounded by food at all times
Answer:
yes
Explanation:
I would be able to design my own menu and maybe make some animatronics.
;)
If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept?A) 2 yearsB) 4 yearsC) 5 yearsD) 1 years
suppose tanf (temporary assistance for needy families) in a state provides a guaranteed income of $6,000 with a 40% reduction rate. a young, single parent can work up to 2,000 hours a year at a wage of $15 per hour. suppose the individual works 700 hours. what is her total income, including earnings from work and tanf benefit?
The young single parent's total income, including earnings from work and TANF benefits, is $12,300.
Let's assume the person's earned income from work as "E".
So, E = 700 hours * $15/hour = $10,500
The TANF benefit is reduced by 40% for every dollar earned, so the reduction rate for the earned income is -
R = 0.40 * E = 0.40 * $10,500 = $4,200
The TANF benefit is reduced by the amount R, so the TANF benefit after reduction is -
TANF = $6,000 - R = $6,000 - $4,200 = $1,800
The total income, including earnings from work and TANF benefits, will be as follows -
Total = E + TANF = $10,500 + $1,800 = $12,300
So, the young single parent's total income, including earnings from work and TANF benefit, is $12,300.
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A supplier is an external stakeholder that?
Answer: A supplier is an external stakeholder that a business must communicate with.
Explanation: It is very important that good communication is maintained with suppliers as they provide the goods and services that are necessary for a business to operate.
bella blooms is a successful business that sells a liquid spray fertilizer to farmers. the fertilizer consists of rich, organic, composted material. recently, natural supply, another established fertilizer manufacturer, dramatically increased its marketing to farmers in the region that bella blooms views at its target market. when analyzing its industry, bella blooms should be concerned about the threat of
When analyzing the industry, Bella Blooms must be concerned about the threat of substitute products or services.
This is one of the threats proposed by Porter in his model of the 5 forces that help to understand market competitiveness.
Bella Blooms must be concerned about the threat of substitute products or services because another fertilizer manufacturer has emerged with the same target market as the company, which could lead to a decrease in Bella Blooms market share.
In the threat of substitute products or services, the customer realizes that they can partially or totally substitute one product for another, which leads companies to actions such as:
develop focused marketing strategies.adapt your processes to market needs.Therefore, Porter's 5 forces model guarantees that through the analysis of market factors, it is possible to identify its strengths and weaknesses and adapt its strategy to be competitive and profitable in the market.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
what is the advantage of advertising an upcoming concert via an alternative publication, such as a free weekly newspaper, versus a mainstream daily city newspaper?
Selecting compatible music and not overshadowing the headliner such as a free weekly newspaper, versus a mainstream daily city newspaper.
A split in phylogenetics is a bipartition of a set of taxa, and the smallest unit of statistics in unrooted phylogenetic timber: each fringe of an unrooted phylogenetic tree represents one split, and the tree may be efficiently reconstructed from its set of splits. Moreover, when given several timbers, the splits happening in more than half of those trees supply rise to a consensus tree, and the splits happening in a smaller fraction of the trees generally provide rise to a consensus cut-up community. Chemical compatibility is critical whilst choosing materials for chemical storage or reactions in order that the vessel and other apparatus will no longer be damaged by way of its contents. For functions of the chemical garage, chemical substances which can be incompatible have to no longer be saved collectively in order that any leak will no longer purpose an even more dangerous situation with the aid of reacting after leaking. Further, chemical compatibility refers back to the content material being perfect to keep the chemical or for a device or object that comes in touch with a chemical to no longer degrade. For instance, while stirring a chemical the stirrer should be strong within the chemical this is being stirred. Because of this many organizations publish chemical resistance charts.
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True or false: The transfer of costs from one inventory account to the next parallels the physical transfer of goods from one inventory to the next. True false question.
The transfer of costs from one inventory account to the next parallels the physical transfer of goods from one inventory to the next is true.
What is an Inventory Account?Inventory accounting is part of accounting that involves modifications in values and accounts or price of inventoried assests.
A company's inventory nvolves goods are grouped into three stages of production which are raw goods, in-progress goods, and finished goods that are ready for sale.
Therefore, The transfer of costs from one inventory account to the next parallels the physical transfer of goods from one inventory to the next is true because gross profit will be lower, income tax will be lower and the cost of goods will increase.
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David and Lilly Fernandez have determined their tax liability on their joint tax return to be $3,100. They have made prepayments of $1,915 and also have a child tax credit of $3,000. What is the amount of their tax refund or taxes due
To determine the amount of David and Lilly Fernandez's tax refund or taxes due, we need to calculate their total tax liability and compare it to their prepayments and tax credits.
Total tax liability = $3,100
Prepayments = $1,915
Child tax credit = $3,000
First, we subtract the prepayments and tax credit from the total tax liability:
Total tax liability - Prepayments - Child tax credit = Taxes due or refund
$3,100 - $1,915 - $3,000 = Taxes due or refund
$3,100 - $1,915 - $3,000 = -$815
Based on the calculations, David and Lilly Fernandez have a refund of -$815, which means they owe $815 in taxes.
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Planing is the primary function of management.discuss
Explanation:
it is a primary function of management because it help in making the business and it makes it easier for the employees and everyone involved in the business in the workforce to see what is going to happen in the business and it's important for making decisions and such as trading and different types of that can a decision so it can also make it easier for the employees and the whole business to run smoothly because if you have a plan for everything then you can easily basically just you know work according to your needs and you can just flourish as a business