The situation analysis section of a business plan for all of a company's products,
product lines, or services may include a SWOT analysis. Which of the following is
one of the elements of a SWOT analysis?
Technology
Options
Warehousing
Threats
Answer:
technology
Explanation:
because they have to be search
bottom up approach is not applicable when
Bottom up approach is not applicable systematically to all places in all circumstances.
The bottom-up approach can not be carried out systematically to all locations in all situations.The bottom-up technique is being applied when off-the-shelf or existing additives are decided on and incorporated into the product. An example would encompass choosing a selected fastener, which include a bolt, and designing the receiving components such that the fastener will fit nicely.
When selections are being made at multiple degrees, personnel can be running without checking in with one another. Bottom-up processing is a justification for insights that start with an approaching improvement and operating upwards until an define of the thing is fashioned to us. It refers to processing sensory information as it's miles coming in.
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Normalization
Describe how the over or under application of overhead should be corrected
Over or under application of overhead should be corrected by closing it to Retained Earnings the Cost of goods sold as well Finished goods Work in process.
What is Retained earnings?Retained earnings serves as the cumulative net earnings of a company after the accounting for dividends.
This can be used to correct the Over or under application of overhead.
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The average total cost of producing electronic calculators in a factory is $16 at the current output level of 100 units per week. If fixed cost is $530 per week, then what is the firm's variable cost? (enter answer as just a number, no commas, dollar signs, or the like)
The variable cost (related to the production volume) will be 10.7 in total per week (100 units)
100 units x 16 dollar total unit cost = 1600
the total cost is composed of both, variable and fixed costs so we have to subtract the fixed cost to arrive at the variable cost.
total cost = fixed + varible
total - fixed = variable
1600 - 530 = 1070
The variable cost is 1070 in total
while: 1070/ 100 = 10.7 per unit.
Variable costs are costs that change as the quantity changes. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some accounting documents, variable costs are called "cost of goods sold."
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Discuss a principle of management in business
The principle of management include planning, organizing, staffing, etc.
What is a management?It should be noted that management means the administration of an organization.
In this case, principle of management include planning, organizing, staffing, etc. Planning has to do with the stores put in place to achieve the goals of the organization.
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Which of the following is an example of government expenditures on goods and services
an example of government expenditure on goods and services is D. The purchase of office supplies for the office of the junior senator from New York.
what is government expenditure?this refers to any amount that the government spends in the economy including those that are spent to maintain government activities.
the government spending money on a senator would therefore fall under government spending to maintain itself.
options for this question include:
A. The amount spent on hotel accommodation when tourists visit Washington D.C.
B. The payment of unemployment benefits
C. The salaries paid to Washington correspondents from major networks and newspapers
D. The purchase of office supplies for the office of the junior senator from New York
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How can production in firms, rather than families, contribute to the growth of living standards?
Production in firms, rather than in families allows for a larger scale of operation and allows for a labor market with the possibility of firing those employees who do not expend sufficient effort.
the level of productiveness is the most fundamental and essential element determining the standard of living. raising it allows human beings to get what they need faster or get extra inside the identical quantity of time. supply rises with productivity, which decreases real costs and will increase actual wages.
productiveness will increase have enabled the U.S. enterprise quarter to produce 9 instances more goods and offerings because 1947 with a exceptionally small increase in hours labored. With boom in productivity, an economic system is able to produce—and consume—an increasing number of items and offerings for the identical quantity of work.
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What is a key feature of Mixed Reality?
Answer:
different media?hdhdbejdbdb
Explanation:
yeshehssiebeiidj
Citrus Corporation is a calendar year S corporation with the following
current year information:
Operating loss
Liabilities:
$(2,160,000)
Notes payable, Big Apple Bank
360,000
Notes payable, Grapefruit (individual) 360,000
On January 1, Orange (an individual) bought 50% of Citrus Corporation
stock for $540,000. How much of the operating loss may Orange deduct
currently? Assume the excess business loss limitation does not apply.
The amount of the operating loss may Orange deduct currently will be $108000.
How to illustrate the information?It should be noted that the operating loss of a company occurs when the company's operating expenses are more than the gross profit.
The following are given in the information:
Operating loss $(2,160,000)
Notes payable, Big Apple Bank 360,000
Notes payable, Grapefruit (individual) 360,000
Also, it was stated that Orange (an individual) bought 50% of Citrus Corporation stock for $540,000.
Therefore, the amount in this scenario will be:
= 50% × $2160000
= $108000
In conclusion, the amount of the operating loss may Orange deduct currently will be $108000.
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Moore Products uses the allowance method in estimating uncollectible accounts. On December 31, 2022, the balance in Accounts Receivable was $610,000. An aging analysis of the accounts receivable indicated that $29,600 in accounts are expected to be uncollectible.
Prepare the adjusting entry to record estimated bad debts expense using the percentage of receivables basis under each of the following independent assumptions:
(a)
Allowance for Doubtful Accounts has a credit balance of $4,100 before adjustment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
The adjusting entry to record estimated bad debts expense using the percentage of receivables basis is:
Bad Debt Expense Account dr........ $25,500
To Allowance for Doubtful Account $25,500
(Being the bad debt expense is recorded)
For recording this, we credit the allowance for doubtful debts, which decreased the value of the assets and debit the bad debt expenditure, which raised the expenses.
Additionally, since there is a credit balance, the account receivable is reduced accordingly.
The amount for bad debt expense Account = $29,600 - $4,100
= $25,500
Hence, The adjusting entry to record estimated bad debts expense using the percentage of receivables basis is:
Bad Debt Expense Account dr........ $25,500
To Allowance for Doubtful Account $25,500
(Being the bad debt expense is recorded)
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4. What are the major benefits of business ownership?
1.financial rewards
2.learning opportunities
3.independence
4.lifestyle
estimates that its office employees will earn $50,000 next year and its factory employees will earn $260,000. The firm pays the following rates for workers’ compensation insurance: $0.42 per $100 of wages for the office employees and $4.60 per $100 of wages for the factory employees. Compute the estimated premiums for the office and factory employees.
A $298 petty cash fund has cash of $32 and receipts of $247. The journal entry to replenish the account would include credit to Petty Cash for $247. debit to Cash for $247. debit to Petty Cash for $266. credit to Cash for $266.
The journal entry to replenish the petty cash account is credit to Cash for $266.
How would petty cash be replenished?The amount that needs to be replenished is:
= Petty cash fund - cash
= 298 - 32
= $266
This amount needs to be taken from the cash account which is why the cash account will be credited with $266.
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What is the journal entry for declaring $9000 dividend to be paid next month
The journal entry for declaring a $9,000 dividend to be paid in the coming month is:
Date Account Title Debit Credit
XX-XX-XXXX Retained earnings $9,000
Dividends Payable $9,000
How is dividend declared recorded?The Retained earnings account will be debited to show that the account is decreasing. This is because dividends are taken from the retained earnings of a company.
The dividends payable account will be credited with $9,000 to show that the company now owes its shareholders $9,000. This will then be debited next month to show payment.
In conclusion, retained earnings are debited, and dividends payable are credited.
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During the regular local soccer league season, the main forward Aadya had the highest field
goal rate in the league. She scored with 51.4% of her shots. Suppose you choose a random
sample of 70 shots made by Aadya during the this season. Let T = the number of shots that
scored points. (10)
a) What is the probability distribution for T? Explain why you believe it to be so. (4)
b) Using the formulas, calculate the: (i) mean and (ii) standard deviation of T. (6)
Using the formulas, the answers are:
a ) Binomial Distribution
b) (1) mean = 35.98 (2) standard deviation = 17.4 9
a) Binomial Distribution because it's an n-times independent replicate of the Bernoulli trial.
b) let p= 51 4% = 0.574
p = 1- 0514 = 0.486
formula : Ex= np
= 70x 0.514
= 35.48
EX = np ( + p )
= 70x 0.514 x 0.486
= 35.48
= 17. 49
The standard deviation is a measure of the amount of variation or dispersion of a set of values.
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Providing intellectual property rights can result in which of the following? Select all that apply.
giving access to the property to everyone
the opportunity for an inventor to profit on her idea
a marketing giant taking advantage of an inventor
piracy and lawsuits
a singer getting paid for coming up with a hit song
Providing intellectual property rights can result in in-
the opportunity for an investor to profit from her idea.piracy and lawsuits.What are intellectual property rights?Intellectual property rights provide an authority for individuals to restrict other people to copy or imitate the product or process followed in any invention for a certain period of time.
If a Violation of these rights has been noticed the guilty party has to bear the fines and imposed punishment on them for breach of Contract. One should have been required to take permission from the inventor in order to imitate.
This gives an inventor the chance to make money off of her invention since when permission to copy is requested, they can charge a fee. Additionally, it aids lawsuits and piracy.
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I need help.
Question 3 of 24
FICA deductions are an example of a
A. savings
B. voluntary
C. health benefit
D. mandatory
deduction.
Answer:
d ) mandatory deduction
5.Michelle is an estate agent. She hears from her friend Jonathan that Sarah wants to sell her house. Michelle promises that if she sells Sarah's house and receives her payment, she would pay Jonathan R2 000. She phones Sarah and speaks to her 2ssistant Thabo. Thabo is an employee of Sarah's and manages all of her properties. Michelle offers her services in selling the house at the best possible price. All she wants for her troubles is R20 000. Who in this specific example is the principal? And justify your answer.
In the question that we have here the person that is the principal is Sarah.
Who is a principal?This is the term that is used to refer to a given person that gets another person to work or represent them. That is the other person would be authorized to carry out the transactions such as buying and the selling of properties on their behalf.
In the question, we can see the justification from the fact that the owner of the house Sarah has given the seller or agent the right to act on her behalf on the transaction.
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What distinguishes Six Sigma from traditional continuous improvement?
Continuous process improvement is a universal need. Six Sigma focuses on reducing variance and errors in a production process. That's because processes without consistent dependability eventually lead to errors and defective products.
The fundamental difference between comprehensive quality management and Six Sigma is that TQM offers the highest quality products, while Six Sigma gives better results. Comprehensive quality management refers to the continuous efforts of employees to ensure high-quality products.
Simply put, Six Sigma focuses on customers and final products, and Lean Six Sigma focuses on waste and manufacturing methods. If you are a veteran expert and support quality improvement projects, the Six Sigma Greenbelt is for you.
Six Sigma's methodology helps project managers take their projects to a new level of discipline and commitment. Standard / traditional project management, on the other hand, can be run without an ad hoc implementation. However, with Six Sigma, there is no half-measure that cannot be implemented in stages.
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A customer calls in to inquire about your product. They're curious if it's really the right product for their business and they ask if you offer any products that cater to small businesses. What would you do?
1. "I can definitely assist you with finding the best product your business needs. To start, why don’t you tell me about a bit about your business."
2. "We absolutely can help you out! Did you happen to review our website for the packages we offer or maybe you already have a package in mind?"
3. “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need."
Answer:
I would use suggestions 3 so that the customer has a better understanding of the products
There would be the suggestion as related to product “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need.” Thus, the option (c) is correct.
What is product?
The term “product” refers to the item or object can be sold. The product always tangible. The product are manufactured with the help of machines. The product is based on durable and non-durable product. The product is delivered with multiple channels are one level, two level and three level depend on product.
A costumer is call to injury about product features, price, and quality and different question asked. The costumer is very curious about on related to the product and business.
The product company helper to assist the costumer to go to her business website and search the product details and features than choose the product. Then ask any doubt its better understand to costumer.
Therefore, option (c) is correct.
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Compare and contrast the three modes of communication; monologic, dialogic and resistant background conversations.
The difference between monological and dialogical communication lies in the participation of the people involved in the communication.
What is the difference between the three types of communication?The difference between these three modes of communication is that in monologic one person listens to what another person is saying, in dialogic both participate actively speaking and listening, and in resistant background conversations the participants are completely passive and only hear what others say. .
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Provide a specific example of how using this skill in your career/industry would make you valuable to a potential employer. Be sure to describe the benefit to the employer, not just the benefit to you - the person who possesses the skill.
White sayWhite says, “We live in a world where success is defined by income.” Do you agree with this statement? Discuss examples in your life that support or negate this idea.s, “We live in a world where success is defined by income.” Do you agree with this statement? Discuss examples in your life that support or negate this idea.
Answer:
Explanation:
No, I don't agree with this statement as true success is finding eternal peace. if you are earning handsome but you are not happy from the inside so what's the use of money when you aren't happy in your life .
For Example:
You are Earning handsome but you are ill and you can not eat delicious food . so will you be Happy?
Describe at least two ways you can tailor your resume to fit a specific employer.
In describing at least two ways you can tailor your resume to fit a specific employer you include a list of your relevant experiences, skills, and accomplishments...
Compare the details of your application to the job posting. This is further explained below.
What is a resume?Generally, A candidate for employment composes a resume, which is a formal document, in order to detail their credentials for a certain post. A cover letter tailored to the position or firm being applied for is often included with a resume. In the cover letter, the candidate draws attention to the information on the CV that is most relevant to the position or company and indicates interest in working there.
What exactly is meant by the term employer?A person, business, or organization that hires workers and compensates them for their efforts is known as an employer. Workers who are compensated monetarily for their efforts are referred to as employees. Employers give employment.
In conclusion, You should include a list of your relevant experiences, abilities, and achievements on your resume, and you should also describe at least two ways that you may modify your resume to match the needs of a particular company.
Examine the particulars of your application in light of the ad for the position.
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Write a short memo to Ms Loki explaining the business performance findings of your statement of cash flow.
The memo explaining the business performance findings from the statement of cash flow will entails:
address of the receiversubject of the memobody of the memo.What is a statement of cash flow?This refers to the financial statement that shows how changes in balance sheet accounts and breaks the analysis down to operating, investing and financing activities.
Hence, the memo will inform Ms Loki about business performance findings especially on the cash position of the business such as the inflow and outflow of cash from the firm.
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If an employee’s employment is terminated, and they are governed by a collective agreement or the organization policy that provides greater than the employment or labor standards, then:
a the collective agreement or the organization’s policy prevails
b the employment or labor standards prevails
c call the ministry of Labor for a ruling
d none of the above
Answer:
A
Explanation:
the collective agreement prevails since it is a contract job.
if the contract of the job is breached, then call the ministry of labour for a ruling
You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part interest)
Loan amount: $776,000
Interest Rate: 11.6%
Life: 41 years
Date of Loan: January 1, 2021
Required:
1. What is the annual payment (round to the nearest $)?
2. What are the total interest payments (round to the nearest $)?
3. After 23 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)?
4. After 23 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)?
Redo the problem if the interest rate is 1%
Required:
5. What is the annual payment (round to the nearest $)?
6. What are the total interest payments (round to the nearest $)?
7. After 23 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)?
8. After 23 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)?
The annual payment on the loan is $108943.
How to calculate the loan?Principal = $776000
Rate = 11.6%
Time = 41 years
The total interest will be:
= PRT/100
= (776000 × 11.6 × 41)/100
= $3690656
The total amount to be paid will be:
= $776000 + $3690656
= $4466656
The annual payment will be:
= Total amount / Number of years
= $4466656 / 41
= $108943
After 23 years, the interest will be:
= 776000 × 11.6 × 23)/100
= $2070368
The percentage of the total interest will be:
= $2070368/$3690656
= 56.1%
When 23 payments have been made, the percentage of the total amount will be:
= (776000 + 2070368) / 4466656
= 2846368/4466656
= 63.72%
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Which of the following is true concerning economic growth?
Group of answer choices
A. Nations achieve high rates of economic growth primarily because of their natural resource endowments.
B. Human and physical capital investments are largely irrelevant to economic growth.
C. Poor nations grow slowly because they do not have access to modern technology
D. An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth.
The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
What is Economic growth?Economic growth is used when a country performs better than the previous years in terms of it economy.
The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.
Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
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Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead.
Overhead Total
Direct
Labor Hours DLH per Product
A B
Painting Dept. $241,700 10,500 8 11
Finishing Dept. 69,700 10,500 5 6
Totals $311,400 21,000 13 17
Using a single plantwide rate, the factory overhead allocated per unit of Product A in the Painting Department is
a.$14.83 per unit
b.$690.57 per unit
c.$118.64 per unit
d.$184.15 per unit
The factory overhead allocated per unit of Product A in the Painting Department is $ .
Given,
Overhead Total direct DLH per product
Labour Hours A B
Painting dept. $241000 10500 8 11
Finishing dept. $69700 10500 5 6
Totals $311400 21000 13 17
Single overhead rate per hour = total overheads/ total labor hours
Now, substituting the values in the formula
Single overhead rate per hour = 311400/21000
= $14.83 per labor hour
Now, direct labor hours for product A for the Painting department = 16 hours
Overhead rate per unit of product A in the painting department = 16 hours × $14.83 per hour
Overhead rate = $237.28 per unit
Thus, Adirondak Marketing Inc. would allocate $237.28 to the painting department for 1 unit of Product A.
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why shall professional groups shall not be allowed to assign their own professional codes of conduct and police themselves from within
Professional groups should not be allowed to assign their own codes of professional conduct because the organizational ethics set a standard of job compliance.
What is the relevance of the professional code of ethics?These are the rules and policies created to direct the behavior of employees, generating compliance, positive practices at work and standardization of actions, creating a culture favorable to development, cooperation and motivation.
Therefore, individual ethics can be related to individual values and not correspond to organizational values, not guaranteeing the equity of employees.
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