Presto company purchased equipment and these costs were incurred: cash price $65,000 sales taxes 3,600 insurance during transit 640 installation and testing 860 total costs $70,100 presto will record the acquisition cost of the equipment as
A main reason careers in Information Technology are growing faster than average is
A) the government has provided funding to boost educational programs.
B) it has a large customer base of people, businesses, and organizations.
C) large corporations have turned to computers to handle their business.
D) the Internet has led to more people and businesses needing computer experts
Answer:
The correct answer is letter "D": the Internet has led to more people and businesses needing computer experts.
Explanation:
The massive spread of the use of the internet has changed the way businessmen make investments. It is not necessary to look for customers on the other side of the world anymore since they can reach you on a web page from the comfort of home. This had led to some companies in relying on a computer-based market. For that reason, those organizations require every day more computer specialists so they can take advantage of the network as much as possible.
Answer:
The Answer Is D.) the Internet has led to more people and businesses needing computer experts.
Explanation:
Right On Edge
"partnerships are the most common type of business firms in the world"
The type of engine that contains 2 camshafts mounted in its cylinder head is called a/an A. overhead valve engine. B. dual-overhead camshaft engine. C. overhead camshaft engine. D. push rod engine.
Answer:
Overhead Camshaft Engine
The type of engine with 2 camshafts mounted in the cylinder head is a dual-overhead camshaft engine, which allows for more precise valve timing and improved engine performance compared to overhead valve or push rod engines. The correct option is B.
The engine type that contains 2 camshafts mounted in its cylinder head is referred to as a dual-overhead camshaft engine. This design typically features one camshaft to operate the intake valves and another to operate the exhaust valves. This arrangement allows for more precise control over valve timing, which can lead to improvements in engine power and efficiency compared to single camshaft designs.
In contrast, an overhead valve engine generally has a single camshaft located in the engine block, with pushrods and rocker arms to operate valves located in the cylinder head. A push rod engine is another term for this kind of design. Lastly, an overhead camshaft engine might sometimes be confused with dual-overhead camshaft engines, but the former can refer to engines with either single or double camshafts.
Suppose you are in charge of sales at a pharmaceutical company, and your firm has a new drug that causes bald men to grow hair. assume that the company wants to earn as much revenue as possible from this drug. if the elasticity of demand for your company's product at the current price is 1.4, would you advise the company to raise the price, lower the price, or to keep the price the same? what if the elasticity were 0.6? what if it were 1? explain your answer.
One year ago, the jenkins family fun center deposited $3,700 in an investment account for the purpose of buying new equipment four years from today. today, they are adding another $5,500 to this account. they plan on making a final deposit of $7,700 to the account next year. how much will be available when they are ready to buy the equipment, assuming they earn a 9 percent rate of return?
The Jenkins Family Fun Center will have the combined future values of three separate deposits earning a 9% annual rate of return when they are ready to buy new equipment. The amount for each deposit is calculated using the compound interest formula and summed for the total available funds.
The question asks how much money the Jenkins Family Fun Center will have available to buy equipment after making three separate deposits and earning a 9% annual rate of return. We calculate the future value of each deposit separately because they are made at different times and then sum them up for the total amount available.
The first deposit of $3,700 was made one year ago, so it compounds for 4 years. The second deposit is $5,500 today, which compounds for 3 years. Lastly, a deposit of $7,700 will be made next year, compounding for 2 years.
Using the formula for compound interest, we calculate:
FV = P(1 + r)^n
P is the principal amount (initial deposit), r is the annual interest rate (as a decimal), and n is the number of years the money is invested.
For the first deposit: FV = 3,700(1 + 0.09)^4
For the second deposit: FV = 5,500(1 + 0.09)^3
For the third deposit: FV = 7,700(1 + 0.09)^2
After solving each, we add all three amounts together to find the total money available to buy the equipment.
Which of the following is generally not part of overall risk management
Giant robot magazine has embraced the use of __________ to reach its current and potential customers.
Giant robot magazine has embraced the use of social networking to reach its current and potential customers.
Further Explanation:
Current customer:
A current customer is a person who had made a purchase already. This customer already purchases the goods from the giant robot magazine. The company makes a strategy to maintain the existing customer.
Potential customer
A potential customer is a person who may purchase the goods from the company. The company tries strategies to attract the potential customer. If the number of customers is more, the sale of the company will increase.
Social networking:
Social networking is a type of marketing strategy which is used to attract the customer.
Following are the advantages of social networking:
It can reach to a large number of the customer at one time. It saves the cost of advertisement as the cost of social networking is less than direct marketing. It reduces the time to reach current and potential customers. In this lots of information provides in a short time to a large number of the customer. It reduces the price of the product as the cost od advertisement is less in this marketing strategy.Learn more:
1. Learn more about CRM system
https://brainly.com/question/6657146
2. Learn more about decision-making theory
https://brainly.com/question/6618895
3. Learn more about organizational structure
https://brainly.com/question/6256024
Answer details:
Grade: Middle School
Subject: Marketing
Chapter: Social networking
Keywords:
giant robot magazine, embraced, the use of, social networking, current customer, potential customer, purchase, cost of advertisement, lots of information, marketing strategy, attract, price of the product.
"what do you think is more important for a good it professional: strong technical skills or strong people skills?"
The cash account of randell corp. reported a balance of
Which type of global marketing strategy works best when consumers share the same desires, needs, and uses for a product across countries and cultures? multiple choice product invention communication adaptation promotion adaptation product extension promotion customization?
For optimal conditioning, the minimum delay between the cs and us should be
The accounting break-even production quantity for a project is 5,850 units. the fixed costs are $27,400 and the contribution margin is $7. what is the projected depreciation expense? $0 $12,836 $12,914 $13,224 $13,550
When money is used to express the value of goods and services, it is functioning as a?
___________ is a process used to test consumer reactions about a product among potential users.
Test marketing is a process used to test consumer reactions about a product among potential users. It is a test directed in a test market composing of actual situations and stores, with the buyers didn’t know that they are in the middle of an assessment test. It is used to check how a customer reacts to the product.
Companies competing with a blue ocean strategy can create an advantage because:
Antonio is a 24-year-old professional tennis player. when he's not competing, he works as a coach at a local tennis club.
Coca-cola launched coke zero to avoid cannibalizing current sales and to attract new customers in a segment they might not get with diet coke.
a. True
b. False
The statement that Coca-Cola launched Coke Zero to avoid cannibalizing sales and attract new customers in a different segment than Diet Coke is true. Coke Zero's introduction aimed to complement rather than compete with existing products, using Coca-Cola's strong brand presence and substantial advertising to appeal to a wider customer base.
Explanation:The statement is true. Coca-Cola introduced Coke Zero as a strategic move to target a new customer segment that Diet Coke might not be able to capture, without risking the cannibalization of its current sales. By diversifying their product line with Coke Zero, Coca-Cola aimed to offer a product with a taste closer to the original Coca-Cola while still appealing to those looking for a zero-calorie option.
Large advertising budgets play a significant role in establishing a brand and can deter competition. With Coca-Cola and Pepsi having substantial promotional budgets, it is challenging for new entrants to compete in the national cola market. The strong brand identity of Coca-Cola also implies that any new Coca-Cola product is more easily accepted in the market, leveraging its existing brand value rather than dividing it.
When Coca-Cola introduced multiple options like Coke Zero in addition to Diet Coke and its classic version, it actually mirrored a scenario where the strong brand has multiple 'candidates' vying for consumer preference, rather than diluting the overall brand's market share. This multi-product strategy is a way to satisfy a broader range of consumer tastes and preferences.
what is 4 5/6 minus 5/6 minus 1 1/2 minus 2/3
John recently accepted a job in the marketing department with the burbank bagel boys. after just a few days on the job, john learned that the company has many layers of management, and seems to have a rule to cover almost every situation. these conditions suggest that burbank bagel boys is a(n):
Based on the scenario above, it suggest that the Burbank Bagel Boys is considered to be a bureaucratic organization of which it is defined as having many layers of management and as well as having extensive reliance in regards with rules and regulations.
Final answer:
Burbank Bagel Boys having many management layers and an abundance of rules suggests it is a bureaucratic organization, which is characterized by a strict hierarchy and numerous governing policies.
Explanation:
John recently learned that the Burbank Bagel Boys has many layers of management and numerous rules, suggesting that it is a bureaucratic organization.
A bureaucratic structure is characterized by a clear hierarchy, a well-defined division of labor, a set of policies and rules to govern operations, and procedures that employees must follow. This type of structure can often provide stability and predictability but might also result in a less flexible environment.
In what types of stores would you expect to find (a) convenience products, (b) shopping products, (c) specialty products, and (d) unsought products?
a) Convenience products are typically found in stores like convenience stores and supermarkets near the checkout area for impulse buys. b) Shopping products are available in department stores where customers can compare similar items. c) Specialty products are found in specialty stores or high-end department stores and feature unique characteristics or brand identification. d) Unsought products are sold through direct marketing or specialized stores.
Products in stores can generally be classified into four categories: convenience products, shopping products, specialty products, and unsought products. Each type of product is typically found in different locations within various retail environments due to their differing nature and consumer buying habits.
a) Convenience Products
Convenience products are those that are bought often, immediately, and with minimal comparison and buying effort. These items are usually found in convenience stores, supermarkets, drug stores, and gas stations. Examples include snacks, beverages, and toiletries. Because they are often impulse buys, they might be placed near the checkout area or in locations that are easily accessible and highly visible to the customers.
b) Shopping Products
Shopping products are less frequently purchased and customers often compare them on suitability, quality, price, and style. These items can be found in department stores, specialty chains, and electronics retailers. Stores may organize shopping products by category, such as apparel, electronics, or home furnishings, allowing customers to compare similar items.
c) Specialty Products
Specialty products are unique and consumers will make a special effort to search for and buy these products. These items typically have brand identification or unique features and are found in specialty stores or high-end department stores. The stores that carry specialty products might customize their inventories to match regional tastes or offer a broad range of products to cater to the specific desires of their customers.
d) Unsought Products
Unsought products are not well known to consumers or are products that consumers do not normally think of buying, such as life insurance or funeral services. These products can be sold through direct mail, sales visits, or specialty stores that focus on particular unsought products.
Which statement best describes an education at a vocational school?
There may be more than one critical path in a project network.
b. if one of the activities on the critical path is delayed, the entire project will be delayed.
c. the critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.
d. the activities along the critical path determine the completion time of the project.
A(n) _____ organization can be best defined as one in which there is very little hierarchy; each employee is multi-talented and has the diverse skills and flexibility to perform a variety of tasks.
Deviating significantly from the standard business plan format is a mistake because:
Dry gulch farms hires elliot to repair its irrigation system on site on a certain date for $2,500, but elliot does not show up as agreed. dry gulch hires fernando to do the job for $2,000. dry gulch may recover from elliot
In the context of breach of contract, Dry Gulch Farms does not incur additional costs when hiring Fernando for the irrigation system repairs, as Fernando's charge is less than Elliot's contracted amount. Therefore, Dry Gulch may not recover damages from Elliot based on the contract prices. This highlights the concepts of breach of contract and the mitigation of damages in contract law.
Explanation:When Elliot fails to fulfil the irrigation system repair contract with Dry Gulch Farms, the farm hires Fernando to complete the job at a different price. This situation deals with a breach of contract and the potential damages Dry Gulch may recover from Elliot - notably the difference in contract prices if any, and possibly additional damages resulting from the breach.
However, in this scenario, Dry Gulch hires Fernando for $500 less than the amount agreed with Elliot. Therefore, in strict legal theory, Dry Gulch has mitigated its damages and may not recover the cost from Elliot, since they did not incur additional cost. This situation exemplifies the importance of understanding contract law and the consequences of not fulfilling contractual obligations.
Ewing Marion Kauffman built his successful pharmaceutical company around targeting a _____ the larger pharmaceutical companies avoided because of its distance from their offices
company
country
market
product
AND is a boolean operator that refines an internet search to include all items in the search field
Answer:
The correct answer is: True.
Explanation:
Boolean operators are conjunctions such as and, or, not or and not that are used to include or exclude keywords in a web search in order to have more useful outcomes. This will only work if other words that may confuse the resulting search have been deleted.
In spite of definite customer demand, new products often fail due to:
Windsor co. incurs $1,050,000 of overhead costs each year in its three main departments, machining ($600,000), inspections ($300,000) and packing ($150,000). the machining department works 4,000 hours per year, there are 600 inspections per year, and the packing department packs 1,000 orders per year. information about windsor's two products is as follows: product x product y machining hours 1,000 3,000 inspections 100 500 orders packed 350 650 direct labor hours 1,700 1,800 if traditional costing based on direct labor hours is used, how much overhead is assigned to product x this year?
Final answer:
Using traditional costing, Windsor Co. would assign $510,000 in overhead costs to Product X, based on its direct labor hours.
Explanation:
The question asks how much overhead Windsor Co. assigns to Product X for the year using a traditional costing system that allocates overhead based on direct labor hours. To determine this, we must first calculate the overhead allocation rate by dividing the total overhead costs by the total direct labor hours. Then, we multiply the allocation rate by the direct labor hours for Product X.
Total overhead costs = $1,050,000
Total direct labor hours for both products = Product X (1,700 hours) + Product Y (1,800 hours) = 3,500 hours
Overhead allocation rate per direct labor hour = $1,050,000 / 3,500 hours = $300 per hour
Direct labor hours for Product X = 1,700 hours
Overhead assigned to Product X = 1,700 hours x $300/hour = $510,000