In order to determine if a company had a profit or a loss during a specific period of time, the financial statement that would be most helpful is the income statement.
The opportunity cost of an investment is the value of the next most valuable opportunity.
The costs of running a business are called the startup costs.
What is the income statement?
The income statement records a company's income and expenses in a financial year. It is used for determining if a company is earning a profit or a loss.
What is opportunity cost?
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
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The local government relies mostly on revenue from
-Medicare taxes
-property taxes
-income taxes
-interest from savings accounts
Answer:
Property taxes
Subchapter S corporations often do business in foreign countries.
True
False
Answer:
that is easy
Explanation:
its false
Areas of business within a firm that are distinct enough to have their own missions, business objectives, resources, managers, and competitors are referred to as ________.
When the percentage change in the quantity demanded equals the percentage change in price, the demand curve is _______.
a. a vertical line
b. curved away from the origin
c. a horizontal line
d. curved toward the origin?
Final answer:
In unitary elastic demand, the percentage change in the quantity demanded equals the percentage change in price.
Explanation:
When the percentage change in the quantity demanded equals the percentage change in price, the demand curve is a horizontal line. This condition is known as unitary elastic demand.
In unitary elastic demand, the price elasticity of demand is exactly equal to 1. It means that a 1% change in price will result in a 1% change in quantity demanded.
For example, if the price of a product increases by 10% and as a result, the quantity demanded decreases by 10%, the demand curve will be a horizontal line with unitary elasticity.
When arnie was sent to afghanistan for military duty, he was issued a special camouflage uniform so that he would not be as readily visible against the rocky desert landscape. camouflage is one application of the perceptual principle called:?
Fill in the blanks to complete the passage regarding the development of illegal markets in response to price ceilings. – are illegal markets that emerge in response to price controls. a few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. the additional demand is met by – suppliers selling at much – prices.
Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.
The government does not support the black market or any of their actions with getting items and selling them in other forms. Those who are in demand of a good when they have a hard time in getting it may purchase it illegally at a higher price just so they can receive that good. When there is an exchange of goods in the black market, these items are usually prohibited by the government and therefor illegally being sold.
Which music style is least likely to be embellished by the performer?
A. Fugue
B. Aria
C. Solo Sonata
D. Prelude
A ____ is a product that consists of primarily intangible attributes
Expansionary fiscal policies are designed to
A. boost the economy.
B. slow the economy.
C. balance the economy.
D. have no effect on the economy.,
Which of the following government offices help individuals fund their college education?
-Office of education technology
-Office of postsecondary education
-Office of vocational and adult education
-Office of federal Student Aid
Answer:
Office of federal Student Aid
Explanation:
-Office of education technology works providing the technology policy to transform education.
-Office of postsecondary education develops and manages postsecondary education programs and policy.
-Office of vocational and adult education manages programs and policies related to adult education technical education and community colleges.
-Office of federal Student Aid provides financial assistance for higher education students like loans, grants and work-study program.
According to this, the government office that helps individuals fund their college education is the office of federal Student Aid.
Pitch, volume, rate, quality, articulation and other attributes are known as ____
Final answer:
Pitch, volume, rate, quality, articulation, and other attributes are known as the perceptual attributes of sound.
Explanation:
Pitch, volume, rate, quality, articulation, and other attributes are known as the perceptual attributes of sound. These attributes relate to how we perceive sound and are influenced by the physical properties of sound waves, such as frequency, amplitude, and timing. Pitch refers to how high or low a sound is, volume (or loudness) indicates how strong or soft a sound is, and timbre characterizes the quality or color of a sound that makes it unique, even at the same pitch and loudness.
Additional musical elements include meter, dynamics, rhythms, tempo, duration, melody, form, and phrase, which are all essential in creating music. In speech, elements like pitch, rate, and loudness play a significant role as well, often referred to as vocal cues that can convey meaning beyond words.
Marcus's family purchased a trampoline in 2000. they sold the trampoline at a garage sale in 2010 to zac's family. in 2012, zac is injured while jumping on the trampoline when it collapses. if zac's family sues the trampoline manufacturer in 2013, their lawsuit will likely be dismissed based on the:
________ is/are changes in products, services, or processes that radically change an industry's rules of the game.
Your revenue is $12,222 for the month and your gross margin was 70%. Your operating expenses were $6,250. What was your profit?
Answer:
c.. 2,305
Explanation:
got right
What is the main advantage of the billion prices project over the cpi?
Answer:
The billion prices project monitors online information about prices. The advantage of using online data is that it is very hard to manipulate by a specific government since everyone can access it.
This project started in response to the government manipulation of the CPI in Argentina (and later in Venezuela). Government officials can forge information about the inflation rate, but the project started researching online prices and those cannot manipulated by the government.
Currently PriceStats (a private company) monitors online prices on a daily basis, and that is something impossible to do on brick and mortar stores.
Jennifer is a manager in a circuit manufacturing plant. a portion of the production process is extremely tedious and repetitive, and employees tend to become bored and careless when performing this task. what alternative could make this repetitive task quicker and less susceptible to error?
Answer:
Robotics.
Explanation:
In this case, the most appropriate alternative would be the use of robotic automation.
This is an increasingly growing technology in the world, whose objective is to automate business processes in order to streamline industrial operations, reduce costs and facilitate work.
Through the use of software or robots, it is possible for the company to capture and interpret data that generate relevant information for data manipulation, processing transactions, communication with other digital systems, etc.
Suppose that the average cost of a doctor's visit is $100. if the government imposes a price ceiling of $50 on the cost of a doctor's visit, there will be:
What is a variable expense?
A. An expense that is the same during some months, and different during other months.
B. An expense that is the same from month to month.
C. An expense that is different from month to month.
D. None of the above.
Aromatic wines are known as ________, which generally are consumed before meals as a digestive stimulant.
Economists include the word final in the definition of gdp because we ____________.
The term structure of interest rates is influenced by
What is the first step of the buyer decision process?
a. purchase decision
b. need recognition
c. alternative evaluation
d. information search
e. postpurchase behavior?
Answer:
B
Explanation :
• Problem or need recognition: - first stage of the Consumer Decision Process in which the consumer is able to recognize what the problem or need is and subsequently, what product or kind of product would be able to meet this need. It is oftentimes recognized as the first and most crucial step in the process because if consumers do not perceive a problem or need, they generally will not move forward with considering a product purchase.
•Information search;- Information Search is a stage in the Consumer Decision Process during which a consumer searches for internal or external information..
•Evaluation of alternatives;-During the evaluation of alternatives stage, the consumer evaluates all the products available on a scale of particular attributes
•Purchase: Purchase Decision: The fourth stage in the consumer decision process and when the purchase actually takes place
•Post-purchase behavior:- is when the customer assesses whether he is satisfied or dissatisfied with a purchase.
Need recognition is the first step of the buyer decision process. Hence, option B is correct.
What is buyer decision process?The first step in the consumer decision process is problem or need recognition, during which the customer can identify the issue or requirement and determine what product or class of products would be most suited to address it. It is frequently acknowledged as the first.
A consumer searches for internal or external information during the information search stage of the consumer decision process.
Evaluation of alternatives: The consumer assesses all of the products on the market using a scale of specific features during this stage.Purchase: The fourth stage of the consumer decision-making process and the time at which the actual purchase is made.Post-purchase behavior: This is when a consumer decides whether or not he is happy with a purchase.Thus, option B is correct.
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Occupants of the international space station experience weightlessness due to
You sell hockey goals for $200 each. weekly sales are 60 units. you estimate that for every $10 you increase the price, sales drop by 3 units per week. what will be your weekly revenue from hockey goals at a price of $300?
Celeste has a lot going on in her life: she's a volunteer at a community center for children, she works weekends as a receptionist, she babysits her nephews every Monday and Wednesday, she takes her parents' and neighbors' dogs for walks after school, she writes for the school newspaper, and she takes informal art classes whenever she can during the week. She's very organized with her commitments and keeps a well-planned schedule, but she's noticing a decline in her grades with so much going on. What should Celeste do to create a more balanced life?
Which of these is true about the normal balance of an income summary?
a) It depends on which financial statement it appears.
b) The balance is credit.
c) The account doesn't have a normal balance.
d) The balance is debit.
The answer is: c) The account doesn't have a normal balance.
Income summary only exist temporarily. It's used by accountant in the closing entries to close all incomes and expenses incurred in the previous year so the income and expense restarted from 0 in the next year. This account does not have a normal balance and would not be included on the balance sheet.
Julie works at a job where she is paid a fee for each sale she makes rather than an hourly salary. she is a good salesperson but never knows when she will make her next sale. this means that her salary reflects a __________ schedule of reinforcement.
Final answer:
Julie's commission-based income reflects a variable ratio reinforcement schedule, characterized by rewards given after an unpredictable number of sales, leading to high and consistent motivation.
Explanation:
Julie's salary, which is based on inconsistent sales, reflects a variable ratio reinforcement schedule. This schedule rewards a behavior after an unpredictable number of responses, which is similar to a gambler who never knows when their next win will be. Salespeople, like Julie, who earn commission per sale, find their income fluctuates due to the unpredictability of when a sale will occur, but this can lead to consistently high levels of motivation to make sales.
It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.
a. True
b. False
A hospital uses a paper-based system. its kitchen staff prepares meals for everyone who is a patient in the hospital as of midnight the night before. it is impossible for them to obtain data about several discharges until the next night, which results in a considerable amount of food wasted at a substantial cost. which process could the hospital adapt so that the kitchen staff is more efficient and doesn't waste food on patients who have already been discharged
A prospective purchaser of a residential property sends written notification to the listing broker documenting that she has been unable to secure financing according to the terms of the agreement and requests return of the earnest money deposit. the seller instructs the broker to retain the earnest money deposit as liquidated damages. the broker is legally authorized to
A broker handling an earnest money deposit should follow the terms of the agreement according to legal obligations. If the agreement specified that failure to secure financing would result in forfeiture of earnest money, then the seller's claim could be valid. The earnest money deposit serves as collateral showing the buyer's serious interest in purchasing the property.
Explanation:In the given scenario, if the buyer of a residential property sends written notification to the listing broker that they've been unable to secure financing according to contract terms and requests a return of the earnest money deposit, the broker should follow the legal norms that apply in their region. Typically, earnest money deposits are put in escrow, and release of these funds generally requires agreement from both parties (buyer and seller). If the seller instructs the broker to retain the earnest deposit as liquidated damages, the broker would have to follow the terms of the agreement in line with legal obligations.
Assuming the purchase agreement specified that failure to secure financing would mean forfeiture of the earnest money to the seller, the seller could lawfully claim the deposit. However, if there was a clause allowing for return of the deposit under these circumstances, the seller's claim may not be valid and might have to be challenged in court.
Earnest Money DepositAn earnest money deposit is a collateral given by the buyer to show their serious interest in buying the property. Its main purpose is to protect the seller from a buyer's last-minute change of mind. It often ranges from 1% to 5% of the purchase price and is typically fully refundable if conditions outlined in the purchase agreement are met.
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