False. According to the principle of federal supremacy and the U.S. Constitution, federal law generally prevails over conflicting state law.
The principle of federal supremacy, as established in the Supremacy Clause of the U.S. Constitution (Article VI, Clause 2), states that the Constitution, federal laws, and treaties are the supreme law of the land. This means that if there is a conflict between federal law and state law, federal law takes precedence and prevails over state law.
The Supremacy Clause ensures a consistent and uniform application of federal law throughout the United States. It was included in the Constitution to prevent inconsistencies and conflicts between different state laws and to establish a strong central government. The principle of federal supremacy upholds the authority of the federal government and its ability to enact laws that apply to the entire nation.
In practice, when a conflict arises between federal and state law, federal law typically overrides state law. This principle ensures that federal legislation and regulations have binding authority and can be enforced uniformly across all states. However, there are certain instances where state laws may be allowed to coexist with or supplement federal laws, such as in cases where federal law explicitly grants states the authority to regulate certain matters. Nonetheless, in general, federal law holds supremacy over conflicting state law.
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If labor in mexico is less productive than labor in the united states in all areas of production:____.
a. then neither nation can benefit from trade.b. then mexico can benefit from trade but the US cannot.c. then the united states will have a comparative adv relative to mexico in the production of all goods.d. then both mexico and the us still can benefit from trade.
If labor in Mexico is less productive than labor in the united states in all areas of production then both Mexico and us still can benefit from trade.
Labor is the amount of physical, mental and social effort spent to produce goods and services in the economy. We provide the know-how, human resources, and services necessary to turn raw materials into finished products and services.
A business that requires more people and fewer machines is known as a labor-intensive business. The beauty, home construction, education and fashion industries are examples of labor-intensive industries.
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Betsy wants to determine if the types of products advertised on television vary depending on the time of day. Which type of archival research approach should she employ in this scenario
Betsy should employ content analysis type of archival research approach in this scenario.
Content AnalysisThe existence of particular words, topics, or concepts in a given set of qualitative data can be found by using the research tool of content analysis. The presence, significance, and connections of such specific words, themes, or concepts can be quantified and examined using content analysis. To check for bias or partiality, for instance, academics can assess the language used in a news piece. The meanings included in the texts, as well as their authors, readers, and even the culture and time period in which they were written, can all be inferred by researchers. Almost any instance of communicative language can be used as a source of data, including interviews, open-ended inquiries, field study notes, dialogues, and open-ended questions. For the sake of analysis, a single study may examine numerous textual genres.
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Asa believes that her organization is taking data collected from customers for technical support and using it for marketing without their permission. What principle is most likely being violated
Asa believes his organization is taking data collected from customers for technical support and using it for marketing without their permission. In this situation, the principle that is likely to be violated will be that of purpose limitation.
What is purpose limitation?It is a constitutional principle of protection of the data of individuals and companies, expressed in article 5, paragraph b, related to the protection of personal data. The legislation refers to the use of data for purposes other than those for which they were initially intended.
Related content can be a serious breach for companies, as data security is an increasingly relevant topic these days.
Therefore, it is essential that companies use the data of potential consumers only when this use is carried out following the principles provided for by law, in an ethical and safe way.
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4. Suppose an 802.11b station is configured to always reserve the channel with the RTS/CTS sequence. Suppose this station suddenly wants to transmit 1,000 bytes
The time required to transmit the frame and receive the acknowledgment DIFS + 3SIFS +820μsec
What is Bytes?Digital information is stored in units called bytes, which typically have eight bits.The byte is the lowest addressable unit of memory in various computer architectures because it was historically the amount of bits needed to encode a single character of text in a computer.Network protocol specifications such as The Internet Protocol (RFC 791) refer to an 8-bit byte as an octet to distinguish them from the ordinary 8-bit definition.Depending on the bit endianness, an octet's bits are typically counted from 0 to 7 or 7 to 0, respectively. Since the initial bit is a zero, the eighth bit is a seven.Know more about Bytes numerical https://brainly.com/question/15166519
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I hope you are trying to ask the question below:
Question:
Suppose an 802.11 b station is configured to always reserve the channel with the RTS/CTS sequence.
Suppose this station suddenly wants to transmit 1,000 bytes of data, and all other stations are idle at this time.
As a function of SIFS and DIFS, and ignoring propagation delay and assuming no bit errors, calculate the time required to transmit the frame and receive the acknowledgment.
Two necessary expenditures which are leading inflationary indicators are _________. a. Housing and lawn design b. Clothing and fashion c. Televisions and cable rates d. Food and gasoline Please select the best answer from the choices provided A B C D
Two necessary expenditures which are leading inflationary indicators are d. Food and gasoline.
What are expenditures?An expenditure serves as payment either in cash with either cash or credit that is used in purchasing goods or services.
Out of the options, Two necessary expenditures which are leading inflationary indicators are d. Food and gasoline.
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Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatment for a covered condition. The bill was $2,300. Carol's insurance company provided payment of 80% of the bill less the deductible. If applicable, include a thousands comma and round each amount to the nearest dollar. What was the company's payment
The company's payment = $1640,
Carol's total cost = $410.
Step-by-step
Given:
Bill amount = $2300
Amount of deductible = $250
Remaining amount is given by:
=$2300-$250
=$2050
Since Carol's insurance company provided paid 80% of the bill less the deductible.
So, the Company's Payment is given by:
Company Pays 80% which translates to 0.8
Company Payment = 0.8*2050
Company Payment = $1640
Carol's total cost after the payment of company is given by
Carol pays = $2050 - $1640
Carol pays = $410
Hence, the company's payment was $1640, Carol's total cost was $410.
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A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they
A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.
What is marketing intermediaries?Marketing intermediaries can be defined as the people that acts as a link between a manufacturer and consumer.
This Marketing Intermediaries perform important functions as they assist companies or organization to market and sell their product and to as well distribute products from the manufacturer to end user.
Therefore a reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.
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Company F has $1,000,000 of 10% 30 year bonds outstanding with a current yield of 10.5%. The company refinances all $1,000,000 to a 7% rate. Assuming a marginal tax rate of 40%, what is the annual increase to Company F's net income
The annual increase to Company F's net income is $18,000.
Solution-
When Company F refinances a 10% bond to 7% it realizes an annual interest savings of :
=3% x $1,000,000 = $30,000.
Company F will be required to pay additional taxes on this savings, so the after-tax impact to net income = $30,000 x (1 - tax rate)
net income = $30,000 x 60% = $18,000.
The current yield is not relevant to this question.
What is Net Income?Net income is the profit after all of a company's expenses have been subtracted from revenues. It represents the earnings available to shareholders after all obligations (e.g. debt, payable to vendors, etc.) have been paid. EBITDA is a widely used proxy for operating cash flow as it reflects the company's total cash operating costs for producing its products and services. Gross Profit is defined as sales less cost of goods sold (COGS). Sales is the first line item on an income statement.
Hence, The annual increase to Company F's net income is $18,000.
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If you look at average interest rates on savings accounts today, how do they compare with inflation?.
The average interest rates on savings account today compared to inflation shows that inflation is higher.
How are savings interest rates and inflation related?The current interest rates on savings accounts in the U.S. on average is about 0.08%.
Inflation on the other hand, is 9.1%. This shows that inflation massively outstrips the average savings interest rates.
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To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT
To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT : Jointly owned by less than 100 persons.
What Is a Real Estate Investment Trust (REIT)?
A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate.
Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.
To qualify as a REIT, a company must comply with certain provisions in the Internal Revenue Code (IRC). These requirements include to primarily own income-generating real estate for the long term and distribute income to shareholders.
Specifically, a company must meet the following requirements to qualify as a REIT:
Invest at least 75% of total assets in real estate, cash, or U.S. TreasuriesDerive at least 75% of gross income from rents, interest on mortgages that finance real property, or real estate salesPay a minimum of 90% of taxable income in the form of shareholder dividends each yearBe an entity that's taxable as a corporationBe managed by a board of directors or trusteesHave at least 100 shareholders after its first year of existence Have no more than 50% of its shares held by five or fewer individualsTherefore, we can conclude that the correct option is D.
Your question is incomplete, but most probably your full question was:
To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT
a.structured as a corporation, trust, or association.
b.have transferable shares or certificates of interest.
c.managed by a board of directors or trustees.
d.jointly owned by less than 100 persons.
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The theory of frictional unemployment suggests that workers in which age group are least likely to be unemployed for a significant period of time?
The theory of frictional unemployment suggests that workers in25 - 54 age group are least likely to be unemployed for a significant period of time.
What is meant by the term frictional unemployment?Unemployment can be defined as the time in a persons life where they have the skills and all of the knowledge to do work yet they do not have the job positions to work handy.
In the case of frictional unemployment, it is a time of transition that people make between jobs. This is the period where they transition between jobs in the nation.
It is when people would voluntarily leave the place that they are working because they are in search of new job opportunities. Hence we can conclude that The theory of frictional unemployment suggests that workers in25 - 54 age group are least likely to be unemployed for a significant period of time.
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If an advertiser doesn't want to add remarketing tags to a website, why would Customer Match be a good fit for them?
The correct answer is: Customer Match relies on your own data instead of a remarketing tag.
INTERPRETATION
If an advertiser doesn’t want to add remarketing tags to a website then Customer Match would be a good fit for them because Customer Match creates a similar audience for you by using the data from your ad accounts and campaigns. This makes the Customer Match data reliable because it uses your own data instead of a remarketing tag.
The Customer Match audience is created from the interests and behavior of the audience similar to your previous website visitors.
Therefore, we can conclude that the correct option is D. If an advertiser doesn’t want to add remarketing tags to a website then Customer Match would be a good fit for them because Customer Match relies on your own data instead of a remarketing tag.
Your question is incomplete, but most probably your full question was:
If an advertiser doesn't want to add remarketing tags to a website, why would Customer Match be a good fit for them?
a. Customer Match allows you to reach people who have been to your website
b. Customer Match allows you to reach people who haven’t been to your website yet
c. It wouldn’t be a good fit. You have to tag your website to use Customer Match
d. Customer Match relies on your own data instead of a remarketing tag
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A change in the demand for Godfather's Pizza would not be caused by a change in the: Group of answer choices price of Scarface's Pizza. price of Godfather's Pizza. All of the available options cause a change in the demand for Godfather's Pizza. popularity of Godfather's Pizza. buyers' income.
A change in the demand for Godfather's Pizza would not be caused by a change in the Buyers Income.
A good for which demand will decrease when buyers' incomes increase. goods that can replace each other; when the price of a good increase, the demand for its substitute will increase. goods that tend to be consumed together; when the price of a good increases the demand for its complement will decrease.
According to reports, Pillsbury purchased The Godfathers Pizza largely by accident. Godfathers were part of Diversifoods Inc., a conglomerate that includes over 300 Burger King franchises. Pillsbury wanted Burger King, and then came The Godfather's chain of over 800 pizzerias.
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Which form do employers use to calculate the amount of federal income tax to be withheld from your paycheck
The type of form employers use to calculate the amount of federal income tax to be withheld from our paycheck is "Form W-4".
What is form W-4?As the employer, Form W-4 informs you of the employee's filing status, numerous job adjustments, credits, other income, deductions, and any additional amounts to be deducted from each paycheck in order to determine how much federal income tax should be withheld from the employee's salary.
Some characteristics of form W-4 are-
Employers figure out how much federal income taxes they should deduct from an employee's salary or wages by using the employee's Form W-4 and the IRS's income tax withholding table.An employee must complete Form W4, titled "Employee's Withholding Certificate," in order to tell the employer how much to deduct from your income. Individuals are required by the IRS to pay income taxes annually in installments.What is the name of a W-4 Form?According to an employee's marital status, the number of allowances and dependents they have, as well as other considerations, the W-4 form instructs the employer how much tax should be deducted from their paycheck.To know more about the W-4 form, here
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What role does personal motivation play in improving time management?
Having the capacity for self-motivation is a crucial talent.
Self-motivation is what propels people to persist in the face of obstacles, seize chances, and demonstrate dedication to their goals. More information on this crucial component of emotional intelligence is provided on this page.
The administration and coordination of tasks to accomplish a goal is management. Setting the organization's strategy and organizing staff efforts to achieve these goals through the application of resources available are examples of such administration activities.
The handling, directing, or controlling of anything. Executive aptitude; management talent; excellent management. The person or people in charge of managing and directing a company, institution, etc. There is new management at the store.
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You have just won ​$20,000 in the state​ lottery, which promises to pay you ​$1,000​ (tax free) every year for the next twenty years. The interest rate is​ 5%. ​Note: all payments made at the beginning of each year. Part 2 In​ reality, you receive the first payment of ​$1,000​ today, which is worth ​$    enter your response here today. ​(Round your response to the nearest penny.​)
The value of the second $1,000 payment is worth $ 952.38
The net present value is given by the expression as shown below:
[tex]NPV = \frac{future value }{(1 + r)^{n} }[/tex]
Plugging the values in the above expression,
Future value =$1,000
r=0.05
n=1
[tex]NPV = \frac{1000}{(1 + 0.5)^{1} }[/tex]
[tex]NPV = 952.38[/tex]
The value of the second $1,000 payment is worth $ 952.38
What Is Net Present Value (NPV)?Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project. NPV is the result of calculations used to find today’s value of a future stream of payments.
Net Present Value (NPV) Formula:
[tex]NPV = \frac{R_{t} }{(1 + r)^{t} }[/tex]
where:
[tex]R_{t}[/tex] =Net cash inflow-outflows during a single period
i =Discount rate or return that could be earned in alternative investments.
t=Number of timer periods
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Linkedin is a business-oriented social networking site that you should visit if you are looking for professional employment.
a. true
b. false
This is true. This is a site that one has to visits when they need help on issues that have to do with employment.
What is linkein?This is is the name that is used to refer to a social media site that is used to connect the people that are actively seeking for employments and the people that are able to provide the links to such opportunities. These would be the providers or employers of labor.
The use of this site is very beneficial to its used because it brings communication closer and people are able to showcase their skills and what they can offer in the market.
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A cantilever beam has a length L and is loaded by a triangularly distributed load of maximum intensity q0 at B. (Solve this problem by integrating the differential equations of the deflection curve. The beam has constant flexural rigidity E I.)
The Deflection due to Triangular load is 11q₀L⁴/120EI.
What is Deflection in a beam?The amount of displacement that a specific structural member can experience with the aid of a sizable amount of load is known as deflection. It may also be known as the angle or the separation. The slope of the deflected shape of the body under a load directly affects the distance that a member will deflect under that force. By integrating the function that is used to characterize the slope of the member under that load, it can be calculated.A beam is a long segment of a body that can support a load while defying bending. Beam deflection is the term for the movement of a beam when a force is applied to it in a specific direction.Deflection due to reaction (R)(σ₂) =
RL³/3EI
σ₁ = σ₂⇒ 11q₀L⁴/120EI
= RL/3EI= R
= 11q₀L/40
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Lemony lemonade has 3,200 gallons of lemonade in wip inventory, with 76% of materials already added. The lemonade is 50% through the process. Assuming all conversion costs are added evenly throughout the process, what are the equivalent units for conversion costs?.
The equivalent units for conversion costs are 3200 * 50% = 1600.
A Work-in-Progress (WIP) is what?
Work-in-progress (WIP) is a production and supply-chain management word used to describe products that are partially done but need to be finished. Raw materials, labor, and overhead expenses expended on goods that are in various phases of manufacturing are referred to as WIP.
WIP is a part of the balance sheet's inventory asset account. Following that, these expenses are charged to the finished goods account and ultimately to the cost of sales.
Is a Work-in-Progress an Inventory Type?
When raw materials and human labor are combined, an item of inventory is classified as a "work in progress." When the product is finished, its status changes from WIP to finished product. When a product is sold, its balance sheet representation changes from inventor to cost of goods sold (COGS).
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When a company services the broad market and has a low degree of product differentiation, it is most likely Group of answer choices pursuing a differentiation strategy. pursuing a cost-leadership strategy. pursuing a focus strategy. pursuing both cost leadership and differentiation. stuck in the middle.
When a company services the broad market and has a low degree of product differentiation, it is most likely pursuing a cost-leadership strategy.
What is Cost Leadership?
Cost leadership is a term used when a company projects itself as the cheapest manufacturer or provider of a particular product or commodity in a competition. It is difficult to deploy the strategy because the management must constantly work on reducing cost at every level to remain competitive.
Cost leadership is a part of marketing strategy. Although, it is highly effective in gaining market share as well as drawing the customers' attention, it is difficult to deploy. The management team of the company has to constantly work towards reducing the cost of not just one product, but the entire range of products in the company's portfolio.
What Is Cost Leadership Strategy?
Cost leadership is a business-level strategy employed by companies who wish to gain a competitive advantage by being the lowest-cost producer of a service, production process, or commodity.
Therefore, we can conclude that the correct option is it is most likely pursuing a cost-leadership strategy.
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Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 34,700 comforters this year. Each comforter requires 1.5 hours to cut and sew the material. The cost of cutting and sewing labor is $16.30 per hour. Determine the direct labor budget for this year.
Direct labor budgeted cost = $848,415
How to reach the solution?
Giving the following information:
The budgeted production is for 34,700
comforters this year.
Each comforter requires 1.5 hours to cut
and sew the material.
The cost of cutting and sewing labor is
$16.30 per hour.
To calculate the direct labor budget, we
need to determine the total amount of
direct labor hours and then multiplying it
to the direct labor hour cost.
The total amount of hours
= 34,700 × 1.5
= 52,050 hours
Direct labor budgeted cost
= 52050 × 16.30
= $848,415
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With _____________ demand the price changes, but the amount purchased remains the same.
With perfectly inelastic demand the price changes, but the amount purchased remains the same. Prices or quantities are fixed and are unaffected by the other variable when demand is perfectly inelastic. When a price change results in an exact proportional change in the quantity required, this is known as unitary demand.
When a buyer's desire for a product does not fluctuate as much as a product's price change, this is known as inelastic demand. Demand is said to be inelastic when the price rises by 20% while the fall in demand is just 1%.This problem frequently arises with common household goods and services.
People will continue to buy roughly the same amount of goods or services after a price increase since their needs remain the same. Similar circumstances apply when prices are reduced; demand won't rise significantly.
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jennifer persuades bank of america to loan money to hre friend by orally agreeing to gurantee the loan, in exchange the friend promises to give her 50% ownership in the company that she establishes with the loan
$500 Balance Assist - Bank of America customers can now borrow up to $500 (in increments of $100) for a $5 flat fee, regardless of the amount advanced to their account, thanks to this new short-term, low-cost loan.
Persuades bank of America to loan money?Collateral Promise to Pay Another's Debt - In order to be enforceable, debt surety or guarantee arrangements must be in writing. These documents serve as evidence of a pledge to pay back a loan.
This includes scenarios in which business owners guarantee their company's debts. Jennifer persuades bank of America to loan money to her friend by orally agreeing to guarantee the loan, in exchange the friend promises to give her 50% ownership in the company that she establishes with the loan Sales of products valued at $500 or more are covered by the UCC's rules. Any contract for the sale of goods for $500 or more must be in writing in order to be enforceable under the UCC. Any such agreement may only be modified in writing. Generally speaking, the person being enforced upon must sign the agreement. A handwritten agreement or a mark, seal, stamp, or electronic signature can all be considered signatures. Even though it is not signed by the other merchant, a confirmation of the contract made by one merchant that is accepted by the other merchant will be considered sufficient between merchants.Learn more about bank of America and loan money here:
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Do nontraditional products positively impact the housing market or will they lead to further downturns in the industry?
Nontraditional products always positively impact the housing market.
First, they are such flexible that they allow the lender to make adjustments on the loans which would ensure that the borrower makes the repayment even after they defer at one point of time.
This means that they are not subjected to any amortization and their value do not deterioate.
Non-traditional goods means goods which do not include crepe rubber, scrap rubber, sheet rubber, latex or fresh coconuts, or agricultural, horticultural or dairy produce. These non traditional goods includes goods other than black tea not in packet or package form and each packet or package must not weigh more than one kilogram and always includes organic tea in bulk.
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Do you think that credit policy decisions are made more on the basis of numerical analyses or on subjective judgment
A process of accepting or denying credit based on the lender's discretion rather than on a specific credit score model is known as subjective credit analysis
Basis of numerical analyses or on subjective judgment?Using past interactions with applicants who are similar to the borrower, judgment is used in the credit analysis to assess the borrower's application and determine credit approval. This method for determining approvals does not use any algorithms or empirical methods. Credit policy decisions are made more on the basis of numerical analyses or on subjective judgment. Smaller banks are the main users of subjective credit analysis. Smaller banks use judgmental credit analysis because it is more cost-effective for them to do so than it is for larger banks to develop credit scoring systems or hire a third party to establish credit scores. Large banks frequently have more automated credit processes because of the volume of applications they receive. The judgmental credit analysis is distinct in its methodology and is founded on conventional credit analysis standards, including payment history, bank references, age, and other factors. The credit issuer employs an overall credit score that is calculated by scoring and weighting certain factors.
The majority of people are more familiar with the idea of a credit score and most frequently link it with the FICO or the Fair Isaac Corporation, which developed the most widely used credit score model, even though judgmental credit analysis works well for smaller banks. Larger banks and lenders use a credit score methodology that gauges a consumer's creditworthiness using a statistical number. Lenders then use credit ratings to determine the likelihood that a borrower would pay back their loans.
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What is the after-tax cost of debt for a firm with pre-tax cost of debt equal to 10% and a tax rate of 40%?.
The after-tax cost of debt for a firm with a pre-tax cost of debt is equal to 10% and a tax rate of 40% is 6%.
How Much Does Debt Cost?The effective interest rate that a business pays on its debts, such as bonds and loans, is known as the cost of debt. The cost of debt may be expressed as either the before-tax cost of debt, which is the amount owed by the business before taxes, or the after-tax cost of debt. The fact that interest expenses are tax deductible accounts for the majority of the difference between the cost of debt before and after taxes.
How is the after-tax cost of debt determined?
The initial cost of debt is the first cost of debt with the impact of the additional income tax rate taken into account. It is calculated by deducting the company's incremental tax rate from 100% and multiplying the result by the debt's interest rate. The equation is:
Debt service costs before taxes (100 percent - incremental tax rate)
= Debt's after-tax cost
Calculation:
10% * (100% - 40%)
= 6%
Therefore, the after-tax cost of debt for a firm with a pre-tax cost of debt is equal to 10% and a tax rate of 40% is 6%.
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Item 23 Old Antique Store prepared the following budget information for the month of May: Sales are budgeted at $360,000. All sales are on account and a provision for bad debts is made for each month at three percent of sales for the month. Inventory was $84,000 on April 30; an inventory increase of $12,000 is planned for May 31. All inventory is marked to sell at cost plus 50 percent. Estimated cash disbursements for selling and administrative expenses for the month are $48,000. Depreciation for May is projected at $6,000. Old Antique 's budgeted gross profit for May is:
The Budget Gross Profit for the Month of May is $199,200 calculated as follows:
What is Gross Profit?Gross profit is the profit that a company have earned from the customers after deducting its cost of goods sold. The other expenses are then deducted from this gross profit and then the net profit is calculated.
Sales $360,000
Less: Provision for Bad debts $10,800 (360,000 * 3%)
Net Sales $349,200
Less: Cost of Goods Sold $96,000 (84000+12000)
Less: Administrative expenses $48,000
Less: Depreciation $6,000
Gross Profit $199,200
The Sales is reduced by the allowance for bad debts, the net sales are arrived. However these net sales are then deducted from the relevant expenses such as cost of goods sold, administrative expenses and the depreciation.
Cost of Goods sold are calculated by adding the increase in inventory in the opening inventory.
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Johnson sells $107,000 of product to Robbins, and also purchases $11,400 of advertising services from Robbins. The advertising services have a fair value of $8,700. Johnson should recognize total revenue to account for these events of:
Johnson should recognize a revenue of $104,300
What is revenue?
Revenue means the amount generated from the normal operations of the business through sale of goods or rendering services.
In the case, Johnson incurs an extra cost for the product purchased from Robbins, which means that such extra cost implies losses which should be deducted from Johnson's overall revenue.
In this case, the amount paid by Johnson to Robbins for the purchases is more than the fair value(the reasonable market price), hence, the excess of the amount paid over fair value should be deducted from the sales revenue of $107,000.
revenue=$107,000-($11,400-$8,700)
revenue=$107,000-$2,700
revenue=$104,300
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The model of organizational change that helps change agents diagnose the forces that drive and restrain proposed change is ______.
The model of organizational change that helps change agents diagnose the forces that drive and restrain proposed change is Lewin's force field analysis model.
Force field analysis provides a framework for examining the factors that influence situations that are social in nature. Deal with forces that propel movement toward a goal or block movement toward a goal.
Lewin's force field analysis is used to distinguish which factors within a situation or organization move a person toward or away from the desired state and which factors are counteracting the driving force. You can analyze these and make decisions that are more amenable to change.
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A 12-month budget that is continuously adjusted by adding an additional month at the end of each month is called a(n) ______ budget.
A 12-month budget that is continuously planning by adding an additional month at the end of each month is called a perpetual budget. A perpetual budget is one that is continually extended once the current reporting period is over. This usually means that a budget for the next 12 months is in place, though the budget could be for a shorter or longer period.
The goal of using a perpetual budget is to provide a business with a fixed planning horizon over which the management team is constantly making plans to implement changes to the organization example monthly expenses etc.
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