Collection of a $1,500 Accounts Receivable
Select one:
a. decreases a liability $1,500; increases owner's equity $1,500.
b. increases an asset $1,500; decreases a liability $1,500.
c. increases an asset $1,500; decreases an asset $1,500.
d. decreases an asset $1,500; decreases a liability $1,500

Monopolistic competition is a market characterized by having many sellers, differentiated products, and ease of entry and exit from an industry.

What is Monopolistic competition?

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The type of Job that Hugh has to look for should be the one that can pay him by commission.

This is the money that a person is paid after they have brokered a deal. The commission is the money.

This is the service charge that Hugh is going to charge to his clients whenever he helps them.

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The individuals that purchase and utilize the goods or services that your business provides are known as external clients. These clients are those you should design for when coming up with problems and solutions. An external client is a sort of consumer who does not interact with the business directly,

But purchases and uses the goods and services that are produced. What is typically referred to as a "customer" in general is an external customer. They make a purchase of a company's goods or services but do not hold any other positions within the business, such as vendor, partner, or employee.

Some such instances include shoppers who visit a store to buy groceries, tourists who purchase admission tickets at attractions or parks, and hotel guests.

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The two most basic inventory questions answered by the typical inventory model are: timing of orders and order quantity.

The process of transferring raw materials through multiple channels within an organization in an attempt to transform them into a product and then distribute them to the end consumer is known as supply chain management. It improves the customer's experience with a product.

An inventory model is a tool used by organizations to determine a sufficient level of inventory that should be maintained for smooth workflow throughout the production process. It defines the scheduling of orders and states the order quantity to effectively and efficiently manage inventory.

Reasons for Incorrect Options:

Option A) is incorrect because the inventory model does not determine the cost of orders.

Option B) is incorrect because the inventory model does not assist in determining order cost.

Option D) is incorrect because the inventory model does not account for the firm's service level.

Option E) is incorrect because the inventory model does not depict ordering and carrying costs.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

The two most basic inventory questions answered by the typical inventory model are:

A) timing of orders and cost of orders.

B) order quantity and cost of orders.

C) timing of orders and order quantity.

D) order quantity and service level.

E) ordering cost and carrying cost.

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The percentage change in nominal GDP exceed that of real GDP in all the three years.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.

Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Real GDP = (Nominal GDP / GDP deflator) x 100

Real GDP in year 1 : (21,000 / 100) x 100 = 21,000

Real GDP in year 2 : (21,650 / 103) x 100 = 20,932.04

Real GDP in year 3 : (22,495 / 105) x 100 = 21,423.81

Real GDP in year 4 : (23,280 / 108) x 100 = 21,555.56

Change in Real GDP in year 2:  (20,932.04 / 21,000) - 1 = -0.32%

Change in Real GDP in year 3: (21,423.81 / 20,932.04)  - 1 = 2.35%

Change in Real GDP in year 4: (21,555.56 / 21,423.81 ) - 1 = 0.61%

Change in Nominal GDP in year 2:  (21,650 / 21,000) - 1 = 3.10%

Change in Nominal GDP in year 3:  (22,495 / 21,650) - 1 = 3.90%

Change in Nominal GDP in year 4:  (23,280 / 22,495) - 1 =3.49%

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$851.36 will be the present value of money for $100 after 20 years. The concept of present value states that an amount of money today is worth more than the same amount in the future. We can say that the value of money today won't be same after 10 years.

Money that is not spent today may be expected to lose value in the future at some implied annual rate, which may be inflation or the rate of return on investment. The present value formula reduces the future value to today's dollars by taking into account either the implied annual rate of inflation or the rate of return that could be obtained if a sum was invested.

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Installment note from Campbell Bank.

1-Jan Note intt expense Decrease 31-Dec

Amortization of Installment Notes Carrying payment 7% in  Carrying

Year ending December 31   amount cash paid   notes payable amount

year 1       147,750 43,620 10343 33,278 114,473

year 2       114,473 43,620 8013 35,607 78,866

year 3       78866 43,620 5521 38,099 40,766

year 4       40766 43,620 2854 40,766 0

b)   Journal Entries          

 Date Account titles & Explanations     Debit Credit

year 1 1-Jan Cash         147,750  

   Notes payable         147,750

   (to record issuance of note)        

year 1 31-Dec Interest expense       10343  

   Notes payable       33,278  

   cash           43,620

   (to record interest expense)        

year 2 31-Dec Interest expense       8013  

   Notes payable       35,607  

   cash           43,620

   (to record interest expense)        

year 3 31-Dec Interest expense       5521  

   Notes payable       38,099  

   cash           43,620

   (to record interest expense)        

year 4 31-Dec Interest expense       2854  

   Notes payable       40,766  

   cash           43,620

   (to record interest expense)        

c) interest expense of  10,343 would be reported on the income statement of Bryson Company.

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The fact that Dan picked George over Lauren even though Lauren was the most qualified shows homosocial reproduction.

This refers to when people employ or choose people for a position that they feel are more like them.

Dan selected George over Lauren because he felt that George was more like him and so could be trusted better.

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The other fixed cost will be D. $4,700,000.

The contribution margin will be:

= $2000000 × 3.6

= $7,200,000

The total fixed cost will be:

= $7,200,000 - $2,000,000

= $5,200,000

The other fixed cost:

= 5,200,000 - 500,000

= 4,700,000

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Compared to the distribution of money income, the distribution of income that takes into consideration the effects of taxes and in-kind benefits is more equal.

One of the political economy's most perplexing problems is the allocation of income. People who believe that all earnings should be equal, or as close to equal as feasible and that the primary role of the government should be to redistribute income from the wealthy to the poor represent one extreme.

The concept of "income distribution" comes from statistics. Income is not being distributed by one individual. Instead, when people interact through markets and are influenced by the tax system, the distribution of income is determined by their choices regarding their employment, saving, and investing.

The distribution of income that accounts for the effects of taxes and in-kind benefits is more equitable than the distribution of income expressed in terms of money.

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The investment option that the client should go with to pay the child's college expenses is a. treasury bills.

Treasury bills have a short term lifespan of less than a year which means that they mature in a short period of time.

The investor can invest in treasury bills and be able to access them by the time the child starts in school the next year.

Options for the question are:

a. treasury bills

b. intermediate-term bonds maturing in 5 years

c. long-term bonds of blue chip companies maturing n 10-30 years

d. a mutual fund based on the S&P 500 index

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In order to pay for the child's college education, the customer needs to invest in a. treasury notes.

Treasury notes have a short-term life of less than a year, therefore they mature quickly.

Investment in treasury bills may be made by an individual and accessed by the time the investor's kid begins school the following year.

in the form of treasury notes

a. 5-year intermediate-term bonds

Bonds are issued by blue-chip firms with maturities of 10 to 30 years.

the S&P 500 index-based mutual fund

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The option is (d) All of the above.

An appropriate security step for businesses implementing a BYOD (bring your own device) policy for employees are-

BYOD (bring your own device) is an organizational policy that permits employees to use their own personal devices for work-related tasks. Accessing emails, connecting to the corporate network, and using corporate apps and data are a few examples of those actions.

A BYOD policy may include all or some of the following:

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The complete questions is-

Which of the following could be an appropriate security step for businesses implementing a BYOD (bring your own device) policy for employees?

a. Limiting access to e-mail only.

b. Password and timeout protection

c. Limiting the types of apps that can be downloaded

d. All of the above

Buyer Sarah is purchasing a residential property is (c) specify the use as a daycare in  Objectives.

A goal must be quantitative to be powerful. For an instance, 'Make plenty of money cannot be objective, while 'increase profit by using 20%” is a powerful objective as long as it is time-certain. How can you acquire the objective? the solution is – the key effect.

A purpose is a workable outcome this is usually a vast and lengthy-time period while an objective defines measurable actions to reap the general goal.

A goal is an idea of the future or preferred end result that a person or a group of human beings envision, plan and decide to obtain. People endeavor to attain goals within a finite time by way of placing closing dates.

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A contingent liability is an actual obligation arising from a past event. This statement is: False its not actual.

A contingent liability is defined as a liability which may arise depending on the outcome of a specific event. It is a possible obligation which may or may not arise depending on how a future event unfolds. A contingent liability is recorded when it can be estimated, else it should be disclosed.

The Types of Contingent Liabilities are :

Probable:

Probable contingent liabilities can be reasonably estimated (and must be reflected within financial statements.

Possible:

Possible contingent liabilities are as likely to occur as not (and need only be disclosed in the financial statement footnotes.

Remote:

Remote contingent liabilities are extremely unlikely to occur (and do not need to be included in financial statements at all.

Examples of Contingent Liability are:

Pending lawsuits :

Pending lawsuits are considered contingent because the outcome is unknown.

Warranties :

A warranty is considered contingent because the number of products that will be returned under a warranty is unknown.

Hence, The given Statement  is FALSE.

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Cost Volume Profit (CVP) analysis, also known as break-even analysis, is a financial planning tool that executives use to set the short-term strategy for their business. It informs corporate decision makers of the (short-term) impact on profit of changes in selling prices, costs, and quantities.

CVP analysis aims to determine the outputs that drive company value, highlight the impact of fixed costs, break-even points, target profits, and determine sales figures and sales forecasts. CVP analysis makes pricing decisions and pricing structures easier.

CVP analysis estimates how changes in a company's fixed and variable costs, sales volume, and price affect the company's profits. This is a very powerful tool in finance and accounting. It is one of the most commonly used tools in management accounting to help managers make better decisions.

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There are a number of benefits when a business is registered, the main benefits are, limited liability and can open company bank accounts.

A company if registered as a limited liability is a company which can have a bank account on the company's name and also the owners of the company is entitled for the limited liability.

The limited liability is the waiver of liability from the owner of the company, when a company is registered as a limited liability it is separate from its owners and the owners are not personally liable for any losses made by the company.

In a case of a bankruptcy the owners will not pay the creditors of the company from their personal assets. However the company is liquidated and the creditors are paid off by the assets of the company.

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Answer:

B: Consumers have greater access to information.

Explanation:

Technological development impacts several areas of current life, fostered by the digital revolution. This has also made communication processes and interpersonal relationships faster and automated.

In organizations, the use of technology makes companies more competitive and innovative.

Other importance of technology are:

It makes processes seamless

It increase data processing

Provide support for important decisions.

Hence, the use of new technology in industry benefit consumers such that consumers have greater access to information

therefore answer is b                    

The use of new technology in the industry benefits consumers more so than producers as Consumers have greater access to information. Thus, option B is correct.

A producer is an individual or a businessman who develops and offers products or services.  Multinational companies (MNCs) are the primary producers that economic changes and the to and the fro refer to when discussing producers.

As there will be various technology and the advancement that will b performed. This is the consumer that will have the information. The benefit that the producer has with the access.

The information and the technology will have the advancement will be with the competition that will be present. Also, the consumer will have a wide variety of products.  Therefore, option B is the correct option.

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Generally, the typical perceived value that a company creates for consumers, less the company's costs to create the value equals the economic value created.

This refers to the customer's own perception of a product or service's merit or desirability to them most especially in comparison to a competitor's product.

It also means the difference between the prospective customers evaluation of all the benefits and costs of an offering and the perceived alternatives.

In conclusion, the the typical perceived value that a company creates for consumers, less the company's costs to create the value equals the economic value created.

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The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

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A strategy in which the company enters any other country by providing its products to distributors, is called a distribution strategy.

A strategy is a plan that an organization have adopted to reach its goals, the company make strategies to achieve its targets and goals, the main goal of an organization is to increase revenue while the strategy is the one in which it is described that how the organization will actually achieve this goal.

There are different strategies available and it depends on the board of directors as what strategy they want to follow. The strategy in the scenario is of entering a new market and that also through distributors, this strategy will have low capital investment requirements, as there is no need to open outlets in the South America region.

This strategy is called the distribution strategy.

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An exporting entry strategy is used when the Swedish children’s toy company is sending its toys to other countries in south america to sell through various distributors.

This refers to the sale of products and services in foreign countries that are sourced from the home country.

Most time, the easiest form of entry strategy is an exporting such as direct or indirect method through an agent.

The more complex entry strategy include the global operations which may involve joint ventures, or export processing zones.

Hence, the advantage of the exporting entry strategy is that firms avoid the expense of establishing operations in the new country.

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An advantage of renting a place to live is: lower up-front costs.

The  benefits or advantage of renting a place to live is that it tend to reduce or lower up-front cost and the person who rent the place will have little responsibilities compare to homeowners because the cost of maintenance and repairs will be lower.

Hence, the correct option is A, renting a place or house lower up-front costs.

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An advantage of renting a place to live is A. lower up-front costs.

Renting a home refers to an agreement for the temporary use of another's property.

Renting is the opposite of owning a home through mortgage payments or outright purchases.

Some of the advantages of renting a home over owning one are:

Thus, an advantage of renting a place to live is A. lower up-front costs.

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Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

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Incapacity or death, bankruptcy, or destruction of property are examples of circumstances where an agency terminates by Operation of law.

This is further explained below.

Generally, A legal circumstance in which a person acquires certain rights (or occasionally duties) without having to take any action, needs the cooperation of another person, or is the subject of a judicial order.

In conclusion, Incapacity or death, financial ruin, or the loss of property are some examples of situations that might result in the termination of an agency as a result of the operation of the legislation.

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Tarrif revenue generated is equal to the increase in the imports enlarging the tax base using import demand elasticilty.

A tarrif is a as tax on imported goods with reference to domestic products.

The production that has been imported ,government may choose to restrict  competititon by applying tarrif which helps to create an equilibrium price.

Imposing of tarrif worth $25 on imports would help to reduce domestic producer's pressure upon industry generating an income .

Consumers will face higher price whereas the producers would be able to sell more in the trade creating a balance.

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After a company releases a promotional program, it should follow changes in sales during and after the promotion to see how sales were affected. This is known as "Sales tracking".

Sales tracking is crucial since it motivates you to make wise gains and helps you stop additional losses. Knowing the numbers frees you from the need to guess; you can base your judgements on the numbers you can already see, making you a more effective and astute leader.

Some key features of sales tracking are-

The importance of sales tracking are-

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The business buying decision factor  that would include political forces, economic factors, and technological changes is: Environmental factors .

Buying decision can be defined as the process in which a buyer put into consideration some factors before  deciding to buy a product

Environmental factors consist of the following:

Therefore the business buying decision factor  that would include political forces, economic factors, and technological changes is: Environmental factors .

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Answer:

cost estimation

Internal performance measurements focused on the extent to which employees are using a CRM system as intended are known as Human Resource Management.

In order to manage and analyze customer interactions and data across the customer lifecycle, businesses employ a combination of practices, strategies, and technologies known as customer relationship management (CRM).

The objective is to strengthen interactions with customers in order to promote client retention and increase sales.

CRM systems gather information about customers from various points of contact between them and the business, such as the company's website, the company's phone line, direct mail, marketing materials, and social media.

CRM systems can also give staff workers who deal with consumers in-depth knowledge of their personal data, purchasing history, shopping preferences, and issues.

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The total budgeted overhead cost for a single unit is $2.26. The calculation of the budgeted overhead is formulated below.

Inventory is the current asset of a company, which the company sells to generate revenue and profits, the inventory is reported in the statement of financial position in the assets side under the current asset head. The details about the inventory can be checked and reviewed in the notes to the financial statements.

In a service sector company there is no inventory, but a manufacturing and those companies which sell goods have large amount of inventory.

The budgeted overhead can be calculated as:

The total per unit variable cost + Fixed costs per unit.

Calculating fixed cost per unit

$950 / 940 units = $ 1.01

The total per unit variable cost + Fixed costs per unit.

$1.25 + $ 1.01 = $ 2.26

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The nominal interest rate did Lillian charge A.J. is 0%.

As it is purchasing power was increased by $200.

$200 is 2% of $10,000.

Since deflation is 2%.

Therefore, the nominal interest rate did Lillian charge A.J. is 0%.

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