Ledger is where accounts are managed, while Account is where transactions are recorded.
What distinguishes an account from a general ledger?Ledger is where accounts are managed, while Account is where transactions are recorded. Basically, we determine the type of transaction as it happens, and then it is recorded in the appropriate account. All financial transactions will be first documented in the General Journal, which is a book. After these financial transactions are first recorded, or say entered in the General Journal, they will be put into individual accounts, which we termed the General Ledger. The beginning balance, any debits and credits to the account for the time period, and the closing balance are all displayed in the ledger.
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when a contract has been assigned, what rights does the original contract holder (assignor) still have?
An assignment of contract happens when one party (the "assignor") transfers the rights and duties of an existing contract to another party (the "assignee").
What Is an Assignment of Contract?A contract is "assigned" when one of the parties (the "assignor") transfers its rights, responsibilities, and benefits to another party (the "assignee"). Ideally, the assignor wants the assignee to take over all of his rights and obligations under the contract. The other party to the contract must be duly informed in order to do such. Continue reading to learn more about assignments, including how to avoid incorporating an assignment option in your contract.There are various variables that can affect how a contract assignment proceeds, most notably the contract's language. Some contracts might forbid assignment, while others would stipulate that the other party must agree to it.To Learn more About assignment of contract refer to:
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1) consider the following in the context of the quantity equation and the as-ad model where the short-run supply curve is horizontal, and the long-run supply curve is vertical. suppose that the central bank decides that the economy is in danger of entering a period of high inflation and that it must cut the nominal money supply by 5% to pre-empt it. note that velocity of money is observed to be constant. a) in percentage, what is the short-run impact on the price level? b) in percentage, what is the long-run impact on output? c) in percentage, what is the long-run impact on the price level? d) use the ad-as model diagram to show and explain the process from initial equilibrium to the end.
AD-AS model to describe what real GDP is today.
What is GDP?The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly.For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter.Each set of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.Hence, AD-AS model to describe what real GDP is today.
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under us gaap, if a company violates loan covenants on long-term debt but renegotiates the loan before releasing its financial statements, the debt remains classified as long-term. under ifrs, the company must reclassify that long-term debt as a(n)
Under IFRS, the agency ought to reclassify that long-time period debt as a cutting-edge legal responsibility.
The required details for Liabilities in given paragraph
A legal responsibility is some thing someone or agency owes, typically a sum of money. Liabilities are settled through the years thru the switch of monetary blessings consisting of money, goods, or services. Recorded at the proper facet of the stability sheet, liabilities encompass loans, debts payable, mortgages, deferred revenues, bonds, warranties, and accumulated expenses. Liabilities may be contrasted with property. Liabilities seek advice from matters which you owe or have borrowed; property are matters which you personal or are owed. a legal responsibility is an responsibility among one birthday birthday celebration and any other now no longer but finished or paid for. In the sector of accounting, a monetary legal responsibility is likewise an responsibility however is greater described through preceding enterprise transactions, events, sales, alternate of property or services, or whatever that could offer monetary advantage at a later date.
Current liabilities are typically considered short-time period (anticipated to be concluded in 365 days or less) and non-cutting-edge liabilities are long-time period (365 days or greater).
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n terms of the build-borrow-buy framework, a firm's internal resources are considered to be supportive of internal development when they?
a) are different from those that need to be developed and superior to those of competitors in the targeted area.
b) similar to those that need to be developed and superior to those of competitors in the targeted area.
c) different from those that need to be developed and inferior to those of competitors in the targeted area.
d) similar to those that need to be developed and inferior to those of competitors in the targeted area.
When a company's internal resources support internal development, it is said to be doing so. Comparable to those that still need to be developed and superior to those of rivals in the chosen field. Option B is correct
Internal support refers to the majority of employment assistance for a person with a disability that is supplied by an employer or employees of the employer, as opposed to a job coach or another individual from outside the employer. Increasing production, creating new goods or services, or using other developmental techniques are typically included. Organic (or internal) growth occurs when a company expands from within, for instance, by increasing the number of business units, locations, or product lines. Organic growth expands on the company's existing resources and capabilities. This is typically the only strategy of expansion employed by businesses.
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__________ refers to training that encourages employees to have conversations about difficult topics and perspectives without fear of blame or shame.
Ally training refers to training that encourages employees to have conversations about difficult topics and perspectives without fear of blame or shame.
Allyship training prepares workers to support, unite with and advocate for people from nonage and marginalized groups outside and outdoors of the plant.
Learn more accurate information about the reality of being lesbian, gay, bisexual, or transgender. Open yourself up to the possibility of close connections with a wider range of people. Come lower locked into gender part prospects and conceptions.
Allyship at Work is a * free * training program. teaches workers to fete their honor and. power to produce change, and introduces them to further. than 50 exploration-backed ways, they can take to show. up as abettors.
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the coordination of benefits provision is added to a group health plan in order to
The purpose of coordination of benefits is to ensure that a covered person does not receive more than 100% of the total allowable expenses.
Coordination of benefits (COB) is a system for paying fitness care expenses when human beings are blanketed with the aid of a couple of plan (consisting of a husband and spouse who both have health care insurance via their respective employers).
Coordination of benefits is a coordination of reimbursement only between guidelines; it does not reproduction benefits or double the gain frequency. instance: a affected person has two rules, and each one covers two cleanings a yr.
The primary plan is the only in which the affected person is enrolled as an employee or as the principle policyholder. The secondary plan is the one in which the patient is enrolled as a dependent.
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interest rates on floating-rate mortgages have typically been tied to the london interbank offer rate (libor). all else being equal, compared to fixed-payment mortgages and from the perspective of the lender, floating-rate mortgages typically have:
Floating-charge mortgages generally have: Lower hobby charge risk, better default risk.
The required details for floating-rate mortgages in given paragraph
A floating hobby charge is one which modifications periodically: the charge of hobby actions up and down, or "floats," reflecting monetary or monetary marketplace conditions. Often, it actions in tandem with a particular index or benchmark, or with wellknown marketplace conditions. It also can be known as an adjustable or variable hobby charge due to the fact it could range over the length of the debt obligation. A floating hobby charge rises or falls with the relaxation of the marketplace or at the side of every other benchmark hobby charge. The underlying benchmark hobby charge or index relies upon at the sort of loan or security, however it's miles frequently related to both the London Interbank Offered Rate (LIBOR), the federal budget charge, or thetop charge (the hobby charge monetary establishments fee their maximum creditworthy company customers).
When it involves purchaser loans and debt (like for mortgages, vehicle loans, or credit score cards), banks and monetary establishments fee a unfold over this benchmark charge, with the unfold relying on numerous factors, which includes the sort of asset and the purchaser’s credit score rating. Thus, a floating charge might outline itself as “the LIBOR plus three hundred foundation points" or "plus 3%."
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Please help now its culinary
In general, what are the two main parts of a recipe?
equipment required and ways to duplicate recipe
the ingredients list and directions for what to do with them
the cooking temperatures and alternate ingredients
suggested timing and range of temperatures
The two main parts of a recipe include the ingredients list and directions for what to do with them (Option 3).
What is a culinary recipe?A culinary recipe can be defined as a sharply controlled mix of food ingredients in a sequentially ordered way in order to develop a unique food that may stimulate the taste of such ingredient combination.
The development of recipes represents one of the most important hallmarks of a given society living in a region and or country because food ingredient changes regarding the region and also taste preferences are distinct and shape a given society.
Therefore, with this data, we can see that a culinary recipe is based on the list of food ingredients that are mixed in an ordered and sequential manner in order to stimulate the taste, which is a culinary issue that characterizes a society.
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g value co (value) has 15 million shares outstanding, which trade at $20 per share. value is in a liquidity crisis and issues 2 million shares at $12 per share to a group of hedge funds. what is the total loss incurred by pre-existing shareholders as a result of this share issue?
All of a company's common shareholders may receive preemptive rights from a U.S. company. but federal law does not require this. The company charter will specify whether such rights are recognized.
A subscription warrant that entitles the shareholder to purchase a certain number of shares in a new issue, typically in proportion to their current ownership percentage, may also be issued to the shareholder.
Which Rights Are Preemptive?
Shareholders with preemptive rights can acquire additional shares of a company's common stock before they are made available to the general public in any subsequent issue. This right is a clause in a contract that is usually only available in the United States to early investors in a company that just went public or to majority owners who want to keep their stake in the company when and if more shares are issued.
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the days to collect ratio provides what kind of information? (check all that apply.) multiple select question. that a higher number of days means a longer (worse) time for collection the average number of days from sale on account to collection that a higher number of days means a shorter (better) time for collection that a higher number of days means more customers are defaulting
The days-to-collect ratio provides
that a higher number of days means a longer (worse) time for collectionthe average number of days from sale on account to a collectionWhat is the days-to-collect ratio?Generally, First, you need to multiply the typical amount of accounts receivable by the total number of days in the quarter. Divide the total by the number of sales made on credit.
The number that you get as a result represents the typical number of days required to collect on an account.
In conclusion, The days-to-collect ratio gives the following information:
that a greater number of days indicates a longer (worse) time for a collection that the average number of days from a sale on account to a collection is that a collection will take place
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Which of the following are correct regarding why management uses internal controls?
a. Protect assets.
b. Reduce vendor payables.
c. Uphold company policies.
d. Increase revenues
e. Promote efficient operations
f. Ensure reliable accounting.
The options that are correct regarding why management uses internal controls are: (a) Protect assets (c) Uphold company policies (e) Promote efficient operations (f) Ensure reliable accounting.
The rules and procedures used to protect assets, ensure correct accounting, promote efficient operations, and uphold corporate policies make up a company's internal control system. For large corporations, it won't be sufficient to maintain order and prevent all losses.
Effective internal controls are necessary to ensure the accomplishment of goals and objectives. They provide dependable financial information for management decisions. They make sure that pertinent laws and regulations are followed in order to lessen the likelihood of public scandals.
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Why would you buy an in the money option?
An option to buy a call has inherent value if it is in the money. An option's market price will often be lower the more unprofitable it is.
Why would someone buy an in option?When the stock price at expiration is higher than the strike price, call options are said to be "in the money." The call owner can buy the shares at the strike price by putting up the necessary funds to exercise the option. Or the owner can simply transfer the option to a new bidder for its fair market value prior to its expiration.
The biggest benefit of purchasing a call option is that it magnifies price increases in the underlying stock. You can benefit from a stock's gains over the strike price for a relatively low initial investment cost up until the option expires. So, if you buy a call, you typically anticipate a stock increase before expiration.
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What are Black Friday Sales?
Black Friday is the day after Thanksgiving in the United States, which has traditionally been a holiday for many workers. Considered to mark the beginning of the holiday shopping season, it typically features significant discounts and special deals.
Why is it referred to as Black Friday?
It is accepted by numerous that the term the biggest shopping day of the year gets from the idea that organizations work at a monetary misfortune, or are "losing money," until the day subsequent to Thanksgiving, when enormous deals at last permit them to make money or put them "operating at a profit."
Are there actually lower prices?
The response yes. During the week leading up to Thanksgiving, in-store discounts typically hover around 20% off and rise to approximately 37% off during Black Friday and Thanksgiving.
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in order to analyze the change in the overall cost of living, economists multiple choice question. use a complex evaluation technique that considers the prices of all goods and service. rely heavily on the expenditure approach to measuring gdp. use a single number that summarizes price changes of all goods.
Economists use many exceptional methods to measure how speedy the economic system is growing.
The most frequent way to measure the economic system is real gross home product, or actual GDP. GDP is the whole price of the whole thing - items and offerings - produced in our economy
What are the foremost challenges of macroeconomic policy?Policymakers have to take numerous elements into account when tackling broad troubles such as unemployment, inflation, and a country's modern gross home product (GDP). Philosophies on how to accomplish boom and a healthy financial system vary
How does macroeconomics affect the economy?Macroeconomics focuses on the performance of economies – changes in monetary output, inflation, pastime and foreign trade rates, and the stability of payments. Poverty reduction, social equity, and sustainable growth are only viable with sound financial and fiscal policies
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https://brainly.com/question/17399691#SPJ4true or false: from 1900 to 2010, the average stock market risk premium of the united states was the highest of all countries.
It is untrue that from 1900 to 2010, the United States' average stock market risk premium was the greatest of any nation.
What does the US market risk premium look like?This means that, in exchange for the risk they assume, investors in that nation seek a slightly lower return on their investments. This premium has been largely within the range of 5.3% and 5.7%.The term "historical market risk premium" describes the discrepancy between the return an investor anticipates from an equity portfolio and the return on risk-free investments. A theoretical figure used to describe the rate of return on an investment with no risk is known as the risk-free rate of return.The risk premium calculation is relatively easy: Simply take the risk-free rate, which is basically the current interest rate paid on risk-free investments like government bonds and Treasuries, and subtract the predicted return on the given asset.To learn more about Market risk premium refer to:
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which of the following is omitted in a barter transaction?a) tradeb) medium of exchangec) store of valued) money
Money is omitted in a barter transaction.In a barter transaction, two parties trade one basket of goods and services for another basket containing additional goods and services.
What is barter transaction?A barter transaction entails two parties and involves the exchange of one basket of products and services for another basket including other commodities and services. without a related monetary payment.In the alternative trading system of barter, products and services are traded directly for one another without the use of money as a middleman. For instance, a farmer may trade a pair of shoes from a shoemaker for a bushel of wheat.Several different kinds of barter exchanges are briefly described and explained here.Direct bartering is the direct exchange of goods or services between two or more parties.retail barter is exchanged between small enterprises through a trade exchange that is locally arranged.To learn more about barter transaction refer to:
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Which of the following provides an answer to these questions: What is our business? Who are our customers? What do our customers value? What should our business be?
A) objectives and goals
B) a mission statement
C) a business portfolio
D) marketing and functional strategies
E) operational strategies
What is our business? Who are our customers? What do our customers value? What should our business be? The answer to these questions is provided by a mission statement. Thus, option (B) is correct.
What is business?Business refers to the activity of producing, buying, selling, and exchanging goods or services for profit. The ultimate goal of business is to create value for customers and generate profits for its owners or shareholders
It involves a range of processes such as identifying customer needs, developing products and services, setting prices, marketing and advertising, managing finances, and providing customer service.
What is our business? Who are our customers? What do our customers value? What should our business be? A mission statement gives answer to these questions. Therefore, option (B) is correct.
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manuel has been hired by a clothing distributor based in ireland. it is his job to travel to u.s. clothing manufacturers and try to purchase denim products at the lowest price possible. he then receives a commission based on his results. which type of export service provider does manuel work for?
Manuel works as a Confirming house export service provider.
What do you understand by service provider?An organization that offers services to other organisations, such as consulting, legal, real estate, communications, storage, and processing, is referred to as a service provider. A service provider is typically a third-party or outsourced supplier, while it is possible for it to be a division of the company it serves. Service providers are people or businesses that offer services to businesses and other parties. They offer network, processing, and storage services. The service providers provide real estate, communication, educational, legal, and consulting services to organisations. a business that trades on behalf of international customers. Typically, confirmation houses make domestic orders in the countries of the suppliers, arrange for export processing and delivery to the customer, and locally pay the suppliers on behalf of their foreign principals.
Hence, Manuel works as a Confirming house export service provider.
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suppose the equilibrium price of good x is $25 and the equilibrium quantity is 124 units. if the price of good x is $2: question 28 options: a) there will be an excess supply of good x. b) the quantity demanded of good x will be less than 124 units. c) the market is at equilibrium. d) there will be excess demand for good x.
The equilibrium price of good x is $25 and the equilibrium quantity is 124 units. if the price of good x is $2: d) there will be excess demand for good x.
It is possible to utilize a mathematical formula to determine the equilibrium price. The equilibrium pricing formula is based on amounts of supply and demand; to find the price, put quantity desired (Q d) equal to quantity supplied (Qs) (P).
The price at which the quantity of good X demanded and X supplied equals exactly one unit, or the price at which the market "clears," is the equilibrium price for good X. In each market, the equilibrium price is the one where supply and demand are equal.
Thus, $6 a pound is the market's equilibrium price for coffee. The quantity that is required and provided at equilibrium pricing is known as the equilibrium quantity.
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an investment company: group of answer choices specializes in investing funds on behalf of a financial institution. is a closed-end fund that invests in real estate. pools funds from individual investors. is a specific type of a bank. is a specialized form of a joint stock company.
Individual investors' money is pooled in an investment company.
When investors pool their funds, what is it called?
Mutual funds, commingled funds, group trusts, real estate funds, limited partnership funds, and other investment vehicles are all examples of pooled funds. A pooled fund stands out because multiple retirement boards or investors contribute money to the fund.
Where are investors' funds pooled?
A professionally managed fund that pools money from investors is called a mutual fund. Stocks, bonds, and other financial instruments are frequently invested in by mutual funds. Mutual funds offer a wide range of options and are tailored to an investor's objectives.
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What are three topics you should avoid in all interviews? Why are these topics problematic?
The three topics that should be avoided at interviews are, bad relations with past employers, too much personal information, past failures.
What is an interview?An interview is a verbal communication that occurs between a potential employee and the employers, the interview is a short conversation and should be carried perfectly by the potential employee as there are three topics that should be avoided or discussed at minimal at interview.
Bad relations with past employers is a major turn down for an interview candidate. Expressing too much of personal information can be over information for the employers as they are more interested in candidate's qualification and past experience rather than the personal information. Discussing past failures in a interview can become negative and would reflect a wrong personality.
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during the summer, rhonda runs a perfectly competitive dog grooming service. in the short run, rhonda will shut down if her:
Rhonda will shut down if her total revenue does not cover her total cost.
What is Total Revenue?Total revenue is the overall sum of money received by a business through the sale of its products and services. Based on demand and price, it measures how successfully a company is generating revenue from its main operations. The whole amount of money a seller can make by providing goods or services to customers is known as total revenue. The formula for this is P Q, or the purchase price times the quantity of the products sold. For instance, the total revenue would be 100 * $50, or $5,000, if Company A produced 100 widgets and sold them for $50 each.
Hence, Rhonda will shut down if her total revenue does not cover her total cost.
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brand loyalty refers to group of answer choices c. a formalized agreement of a vendor to carry one brand over another because it views the quality of that brand to be superior to all others. e. the faith that other products manufactured by the same company with the same brand name will be of the same quality. b. a favorable attitude toward and consistent purchase of a single brand over time. a. the group of brands that a consumer would consider acceptable from among all the brands in the product class of which he or she is aware. d. the willingness of consumers to try a new product in a product line based upon their satisfaction with other products in the line.
Brand loyalty refers to a favourable attitude toward and consistent purchase of a single brand over time. Hence, option B is the correct answer.
In spite of flaws, a competitor's actions, or environmental changes, brand loyalty refers to a customer's good feelings about a brand and their commitment to regularly using its products and/or services. It can also be demonstrated by other means, such as effective word-of-mouth advertising. A customer demonstrates corporate brand loyalty when they pick a specific manufacturer's products over those from other suppliers. It's critical to distinguish between habit, which requires less emotional commitment and attention, and loyalty, which requires dedication. If a company's capacity to keep customers loyal is essential to achieving both its financial and moral objectives, then it is said to adopt the loyalty business model (for instance, ESG responsibilities).
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Which choices will help you cut back on expenses so that you can spend more money on promotions or advertising? check all that apply.
The choices that will help you cut back on expenses so that you can spend more money on promotions or advertising are options(2), (3). and (4)i.e, Use less-expensive ingredients, Look for discounted or used machines and Hire a young employee at minimum wage.
Advertising is a marketing plan involving repaying for room to advance a brand, service, or cause. The real advertising ideas are named advertisements or ads for short. The aim of displaying search outreach folk most likely expected not quite finance a party's products or duties and persuade bureaucracy to buy.
Advertising helps experience consumers about by means of what your fruit or aids help bureaucracy and what your brand stands for. Promotions concern the whole set of activities, that correspond to the amount, brand, or aid to the user. The planned search form national awareness, bringing and encouraging to buy the fruit, alternatively over others.
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The complete question is:
Which choices will help you cut back on expenses so that you can spend more money on promotions or advertising check all that apply 1. Move to a higher-reng building 2. Use less-expensive ingredients 3. Look for discounted or used machines 4. Hire a young employee at minimum wage 5. Hire a manager to help the business grow
Use less-expensive ingredients.
Look for discounted or used machines.
Hire a young employee at minimum wage.
According to research, what kind of job interview is most successful at predicting a candidate’s later successful job performance?.
According to research, "behavior description questionnaires" are the best type of interview questions for predicting future job performance.
Define the term job performance?The interview is perhaps the most common method of collecting data needed to make employment decisions.
The majority of managers would never consider hiring someone without conducting an interview.It is crucial to choose the ideal candidate for the job, someone who is highly driven and has the abilities necessary to produce high-caliber performance.The following steps are highly advised to improve job selection by:
Ensure job-relatedness by doing an extensive job analysis.Show how the selection criteria were applied, how they relate to the position, and how 1 candidate possesses the criteria more so than another.Choose and prepare interviewers with care.Keep asking the same question to all applicants in a job-related manner.To know more about the job interview, here
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in partnership accounting, ownership rights are divided among partners. each partner will use a capital account, withdrawal account, and be allocated according to the partnership agreement.
In partnership accounting, ownership rights are divided among partners. Each partner will use a capital account, withdrawal account, and be allocated net income according to the partnership agreement.
With the exception of the fact that there are more owners, a partnership uses accounting in a very similar manner to a sole proprietorship. Each partner's investment, distributions, and share of gains and losses are essentially tracked in a separate account. In a partnership, the owners of the business are personally liable for all business debts and obligations. The owners split the company's gains (and losses) equally. There may also be limited partners in the company who do not participate in daily operations and whose losses are constrained to the amount of their investments; in this scenario, a general partner oversees the operation of the company on a daily basis.
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a type of implicit understanding used by oligopolists to coordinate prices without engaging in outright collusion is known as .
A type of implicit understanding used by oligopolists to coordinate prices without engaging in outright collusion is known as price leadership.
In order to effectively set the price of goods or services for the whole market, a dominant company in a given industry must be able to exercise sufficient influence within the sector. This is known as price leadership. The price leader is another name for this kind of business.
A major benefit of price leadership is that it allows businesses to achieve very high profit margins by setting high price points that rivals are prepared to match.
The tactic of establishing prices much lower than those of the competition is known as price leadership. When there is little or no competition, or an oligopoly, it happens most frequently. Each company can set prices relatively independently when there is intense competition with a wide range of product qualities and value propositions.
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many business decisions are made in hopes of improving a firm's bottom line. which of the following financial statements will reveal a firm's bottom line?
A. income statement
B. trial balance
C. statement of cash flows
D. balance sheet
Answer:
A. income statement
Explanation:
income is the correct answer
a plant asset cost $128,000 and is estimated to have a $16,000 salvage value at the end of its 8-year useful life. the annual depreciation expense recorded for the third year using the straight line method would be
The annual depreciation expense recorded for the third year using the straight line method would be $18000.
Annual straight line depreciation = (128000 - 16000) / 8 =14000
Double declining depreciation rate = 14000/(128000-16000)*2= 25%
Depreciation expense for third year = $18000
The accounting technique of spreading out the cost of a tangible item over its useful life is known as depreciation. The amount of depreciation shows how much of an asset's worth has been utilised. By purchasing assets over a predetermined length of time, it enables businesses to generate income from the assets they own.
The initial cost of ownership is substantially lower because businesses don't have to account for them totally in the year that assets are bought. A company's profitability might be significantly impacted if depreciation is not taken into consideration. Long-term assets may also be depreciated by businesses for accounting and tax purposes.
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Type the correct answer in the box. Spell all words correctly.
Danielle enjoys working as a Certified Public Accountant (CPA) and assisting small businesses and individuals with managing their finances and taxes. Which general area of accounting is her specialty?
Danielle specialized in ___________ .
Danielle specialized in "Tax Accounting.
Accounting: is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.
Tax Accounting: This is the process whereby businesses and individuals filing their tax through the income Tax return (ITR)." A tax accountant needs to have a good knowledge about his country's tax system. He ensures that they follow the tax laws upon filing. Since this is what Danielle is doing, then it means she is specializing in Tax Accounting
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.