Based on the information depreciation expense and amortization expense represent non-cash items.
Non-cash items has to do with expense that does not involve paying cash.
Depreciation expense and amortization expense are non cash item as no cash payment is involve.
Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.
Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.
Inconclusion depreciation expense and amortization expense represent non-cash items.
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Activities
- Pay Vendors
- Evaluate Vendors
- Inspect raw materials
- Plan for purchases of raw materials
Cost Drivers:
a) Number of different kinds of raw materials
b) Number of classes offered
c) Number of tables
d) Number of employees
What is Cost Drivers ?
A cost driver causes a change in an activity's cost. The idea is most frequently applied to allocate overhead expenses to the quantity of produced units. In order to reduce the cost of overhead, it can also be utilized in activity-based costing analysis to identify the causes of overhead. An activity-based costing system may employ a variety of cost drivers. Just one cost driver should be employed if a company just cares about adhering to the minimum accounting standards to allocate overhead to produced items. Cost drivers include things like the amount of customer interactions, engineering change orders, machine hours consumed, and product returns, as well as the number of direct labor hours performed.
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marketing strategies for the business-to-business market
It is a fact that marketing strategies for a firm in a business to business market a. differ from consumer marketing strategies because the nature of the buyers is different
Business to business market:
Involves businesses that primarily sell their goods to other businessesIs usually dominated by intermediate goodsIn a business to business market, the buyers are other businesses which means that they are different from consumer markets where buyers are consumers. For this reason, marketing strategies must be tailored to other businesses instead of consumers.
In conclusion, marketing strategies here are different from consumer markets.
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Market Penetration Strategy.
Market Development Strategy.
Product Development Strategy.
Diversification Strategy.
maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. the lender did not need her credit history. if she does not pay back the loan within three weeks, she will have to pay an extra $50. raina says the loan is an example of easy-access credit while maura says it is an example of open-end credit. which statement about the loan is correct?
Answer:
The correct answer is:
C) Raina is correct because the loan has a large fee if it is not repaid on time.
Explanation:
Maya Stuhlbarg, director of marketing for Rheinhold Industrial Products, complains to her advertising director that the continuing slump in orders has apparently been perpetuated by the firm's failure to have the necessary advertising expenditures. Based on this information, Rheinhold is most likely using the ____ approach to determine its advertising expenditures.
Rheinhold is likely using the percentage of sales approach, which is used to budget advertising expenses according to a fixed percentage based on a budget period.
The percentage of sales approach occurs when each expense for a past or current period is converted as a percentage of net sales and applied at the forecast sales level.
Therefore, while this is an effective method for advertising budgets, the percentage of sales can be based on fixed expenses and balance sheet items that do not correlate with sales.
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Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank B is best for Becca. Which checking account would be best for Becca? Account A Account B Account C Account D.
Answer:
Account b
Explanation:
Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair? FDA- Food and Drug Administration SEC- U. S. Securities and Exchange Commission CFPB- Consumer Financial Protection Bureau FCC- Federal Communications Commission.
When a person wants to get a loan from a bank, the agency that ensures they are protected is the CFPB- Consumer Financial Protection Bureau .
The Consumer Financial Protection Bureau:
Was created to protect the public when they seek loans Enforces financial laws aimed at keeping the financial industry fairThe CFPB is therefore the agency that will look into Leah's loan to make sure that she is being treated fairly and is not being charged too much interest.
In conclusion, the agency is the Consumer Financial Protection Bureau.
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C. CFPB- Consumer Financial Protection Bureau
How has BBC’s Children in Need performed against each of the measures of success
Answer:
How has BBC’s Children in Need performed against each of the measures of success
what method is recommended for a weekly review of the tasks on your to-do list?
Answer:
Delete it, Do it now, or Defer it.
Explanation:
The three D method is recommended for a weekly review of the tasks on your to-do list which includes Delete it, Do it now, or Defer it.
What is the importance of a weekly review of the tasks?The importance of weekly review of the tasks plays a significant role in an individual's improvement and growth. It enables people to get ready for the upcoming week. To ensure that everything is completed correctly, it is also used to prioritize your activities.
A chance to proactively influence your life is presented through a weekly evaluation. It's an opportunity to be in alignment with your objectives and make sure that the everyday work you conduct is advancing those objectives.
The three D methods involve deleting the completed task after evaluating them and preparing a schedule for the upcoming task and marking them on the priority list in order to complete it in a timely.
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One of the reasons that a rise in the price of a fixed basket of goods over time tends to overstate the rise in a consumer's true cost of living, is: substitution bias attribution bias complimentary bias preference bias
The effect that occur when there is rise in price of fixed basket of goods, which actually brings about the rise in a consumer's true cost of living is substitution bias .
Substitution bias can be regarded as effect that do occur when there is change in price of goods are relative to each other.In this case, the consumer usually leave the high priced goods for cheaper ones because of change in price.Therefore, option A is correct.
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A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be:
Based on the information given the number of shares outstanding after the split will be: 160,000 shares.
Using this formula
Outstanding shares=Current shares outstanding × Number of the split
Where:
Current shares outstanding =40,000 shares
Number of the split =4
Let plug in the formula
Outstanding shares=40,000 shares×4
Outstanding shares=160,000 shares
Inconclusion the number of shares outstanding after the split will be: 160,000 shares.
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Starting in the late 1600s, as economies started to grow,: Multiple choice question. the mobility of the people within them stagnated. governments became socialist. the standards of living of the people within them grew also. populations began to age quickly.
Answer: it is the standards of living of the people within them grew also.
Explanation:
fit living has just opened a new fitness club uptown. the company wants to encourage people to try out the club for a week before signing up for membership. since the club is new in the area, the most effective way to promote the free trial is through
The most effective way to promote the free trial is through an Informative advertising.
An Informative advertising refers to an advert that is done to inform the people of the goods or services strengths rather than trying to convince customers to buy them.
The company should use the Informative advertising to encourage people to try out the club for a week because it is more factual and detailed
Therefore, the most effective way to promote the free trial is through an Informative advertising.
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contributed capital of $1,000,000 represents ______.
When decisions in forecasting are at a broader, higher level (as when introducing a new product line or concerning strategic product decisions such as new marketing areas), the term is generally used.
Answer:
executive judgment
Explanation:
Apple's Steve Jobs had to convince the music industry of a very big change in how they marketed music - what was it
Answer:
to sell digital version of songs on itunes...
i think
Innovative team firms should have managers who provide ________, ________, and perspective to the team.
Based on firms' strategies, Innovative team firms should have managers who provide Support, Guidance, and perspective to the team.
This is because firms that focus on innovation would make many mistakes or trials and errors before the actual innovation of their products is made.
Thus, in these situations, employees need managers that can provide supports and encouragement for them to build on their innovative ideas so as not to fear sanctions or penalties if things go wrong.
The employees also need guidance and perspectives from their managers to quickly and correctly transform their innovative ideas into reality.
Hence, in this case, it is concluded that the correct answer is "Support and Guidance, " accordingly.
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In order to lower his monthly auto insurance bill, Henry has decided to change his existing policy by increasing the deductible for both collision and comprehensive insurance to the highest amount permitted by his insurance company, AA Auto Insurance. His current monthly auto insurance bill, which includes a $250. 00 deductible for collision and a $50. 00 deductible for comprehensive, is $43. 79. How will Henry's monthly auto insurance bill be affected by the change? AA Auto Insurance Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 $50/100,000 $31. 75 $100/300,000 $40. 25 Property Damage $25,000 $120. 50 $50,000 $144. 75 $100,000 $193. 00 Collision $100 deductible $520. 00 $250 deductible $415. 25 $500 deductible $275. 75 Comprehensive $50 deductible $110. 25 $100 deductible $100. 00 a. $12. 48 b. $31. 31 c. $149. 75 d. $275. 75 Please select the best answer from the choices provided A B C D.
Answer:
12.48
Explanation:
The Amount of Henry's monthly auto insurance that is going to be affected by the change here is $12. 48
How to solve for the effect on the monthly insuranceThe amount for deductibe cohesion = $50.00
The amount for deductibe comprehensive = 43.79
50.0-43.79 = 6.24
The difference that is calculated here has been said to go by two instances. Therefore you have to multiply by 2
6.24 x 2 = 12.48
Therefore the amount of the auto insurance bill is $12.48
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given in return for good service *
Danielle belongs to a temporary team that was created to resolve a specific issue and then disband at a later date. Danielle belongs to a _____ team.
Problem-solving team are known to be people or members of a team from the same department that's involved in efforts to improve work activities. Danielle belongs to a problem solving team.
Members of a problem solving team often share ideas or offer suggestions on how work processes and methods can be improved.
Problem solving is is a vital part of business. It is said as working through difficulties and overcoming challenges. It entails finding solutions helps us to excel and advance forward.
It is known to help company understand the right approach to problem solving and also to work smarter.
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Stevie recently received 1,000 shares of restricted stock from her employer, Nicks Corporation, when the share price was $8 per share. Stevie's restricted shares vested three years later when the market price was $11. Stevie held the shares for a little more than a year and sold them when the market price was $16. What is the amount of Stevie's ordinary income with respect to the restricted stock?
A. $0.
B. $11,000.
C. $5,000.
D. $8,000
Answer:
It's D - $8,000
Explanation:
8 * 1,000 = 8,000
Home Depot hired an advertising agency to develop television ads for its grand opening in southern Maine. The advertising agency represents which component of the communication process
Answer:transmitter
Explanation:
Which paste option should she use?
Answer:
Destination Theme and Link Data
Explanation:
Answer:
What she said
Explanation:
When sales were down for the third month in a row, the sales manager called a meeting of all sales staff in order to analyze the situation and attempt to come up with some solutions. This example illustrates:
Answer:
problem-focused coping.
Explanation:
Problem-focused coping is that kind of coping aimed at resolving the stressful situation or event or altering the source of the stress.
Why should the ar grazing system be good in the profession of farming or domesticating the goats or sheep.DISCUSS.
Answer:
the point of the grazing system is to
allow vegetation and soil a resting time to recover, and sometimes also to improve vegetation conditions so this will be good for goat and sheep because they will have more grass
In January 2020, Ford Co. purchased a patent from a research institution for $400,000. The patent was estimated to have a useful life of 12 years. In December 2021, Ford Co. defended the patent in legal proceedings and successfully retained rights of ownership of the patent. The estimated life of the patent did not change from its original estimate. Legal expenses were $32,000. Determine the carrying value of the patent on December 31, 2021. Note: Carry all decimals in calculations; round the final answer to the nearest dollar
The carrying value of Ford Co.'s patent on December 31, 2021, is equal to $362,424.
Data and Calculations:
Cost of patent purchased in January 2020 = $400,000
Estimated useful life = 12 years
Annual amortization expense = $33,333.33 ($400,000/12)
Accumulated Amortization on December 31, 2020 = $33,333.33
Carrying value on December 31, 2020 = $366,666.67 ($400,000 - $33,333.33)
Capitalized legal expenses to defense title = $32,000
New value of patent = $398,666.67 ($366,666.67 + $32,000)
Remaining useful life of patent = 11 years
New annual amortization expense = $36,242.42 ($398,666.67/11)
Carrying value of patent on December 31, 2021 = $362,424.25 ($366,666.67 - $36,242.42)
Therefore, the accumulated Amortization on Dec. 31, 2021 is $69,575.75 ($33,333.33 + $36,242.42).
Thus, the carrying value of Ford Co.'s patent on December 31, 2021 is equal to $362,424.25 ($400,000 + $32,000 - $69,575.75).
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True or false: Adams, Inc. has found that their managers are reluctant to replace old equipment with new, updated equipment. To stop this practice, Adams should compute ROI using assets' net book values.
Answer: False
Explanation:
According to the given scenario, the given statement is false as net book value discourages equipment replacement.
What is meant by net book value?The historical cost of an asset, less any sums deducted for depreciation, amortization, or depletion, is its net book value. The requirement that assets be reported at their market worth is a byproduct of fair value reporting. Several of the financial reporting rules mandated by US GAAP are emphasized by the fair value concept. "An asset's selling price agreed upon by a willing buyer and seller, presuming both parties are knowledgeable and join the transaction freely," is what fair value reporting refers to.
When revealing the worth of property, plant, and equipment, NBV is frequently utilized (PPE). This indicates that it is diminished as assets are amortized or depreciated. It is based on the notion that assets depreciate slightly over time as a result of use.
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When forming a business strategy, the firm needs to compare the cost advantages and drivers of uniqueness across its different activities and compare with that of other firms. True False
Statistics derived from national income accounting
A. form the basis for business accounting systems.
B. are useful to assess the health of an economy and formulate policies to maintain and improve that health.
C. are valuable for assessing economic health at a point in time but are less useful for comparisons over time.
D. change frequently and therefore are limited in their usefulness.
Answer:
B - are useful to assess the health of an economy and formulate policies to maintain and improve that health.
Explanation:
easy
most of the money used in political campaigns comes from
Answer:
Federal contribution limits.
Bundling.
Advocacy groups/interest groups.
"Hard" and "soft" money.
Political action committees.
501(c) organizations.
527 organizations.
Political parties.
Explanation:
they can come from any of them
For the underwriting of a municipal bond issue, competitive bids are submitted by underwriters as A) a best efforts underwriting commitment. B) a standby underwriting commitment. C) an all-or-none commitment. D) a firm commitment.
How do consumers benefit from accumulating airline miles?
A. Consumers can use the miles to purchase airline tickets.
B. Consumers can use miles as a tax deduction.
C. Consumers can use miles to purchase a home.
D. Consumers can decline travel insurance.
Answer:
I think is b.
Explanation:
or d but double check just from background i eliminate a and c