The Nigel Co. had four separate operating segments:What amount of revenues must be generated from one customer before that party must be identified as a major customer

Answers

Answer 1

The amount of revenues must be generated from one customer before that party must be identified as a major customer is: $53,180.

Revenue generated

Any revenues generated from a single customer have to be disclosed if the amount is either 10% or more of consolidated sales.

Hence:

Using this formula

Consolidated revenue= Total sales to outsider for 4 separate operating segments×10%

Let plug in the formula

Consolidated revenue=($173,600+$115,300+$134,000+$108,900)×10%

Consolidated revenue=$531,800×10%

Consolidated revenue= $53,180 minimum

Inconclusion the amount of revenues must be generated from one customer before that party must be identified as a major customer is: $53,180.

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Related Questions

What should you mention about the interview in your thank-up letter?

Answers

Answer:

-Thank the interviewer for their time

- Reiterate interest in the position/company

- Remind the employer of your qualifications

- Follow up with any information requested of you

Explanation:

Consider this thank-you as a follow-up "sales" letter; in addition to thanking the person with whom you interviewed, it should reiterate your desire for the position. Describe your motivations for applying for the position, your qualifications, and how you might contribute significantly.

Why is it important to send a thank you letter after an interview?

You have the chance to restate key topics from your interview in a thank-you note. Have you ever left an interview wishing you had stressed a particular ability or experience the hiring manager seemed to be seeking more forcefully? You have the opportunity to do it after an interview by writing a thank-you note.

A thank you letter should end by stating that it was a joy to speak with the employer about the position. You should end by saying that you hope to hear from the employer with further instructions. The last step is to sign your name and include your phone number and email address.

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what are loans to a company or government for a set amount of.time. they earn interest and are considered low-risk investments.
a) mutual funds
b) bonds
c) stocks
d) derivatives

Answers

Answer:

b) bonds

Explanation:

Bonds are investment assets. Investors lend money to the government and corporates over a fixed period. In return, the company or the government pays a fixed amount of interest periodically until the agreed fixed period is over( maturity date). At maturity, the investor receives back the full amount he had loaned out (the principal amount).

Bonds are considered a low-risk investment option. Governments hardly default on their bond obligations. Companies that issue bonds to the public regulated and are less likely to default on payments.

GOOD MORNING pls answer this
which phrase best completes the diagram?

Answers

Answer:

A.

Explanation:

I would think A. cuz the others does make much sense. I apologize if its incorrect.

The phrase which best completes the diagram is liability divided among owners. Thus the correct answer is A.

What is a partnership?

When two or more two people come with the objective to manage the operation of a business by making an alliance, by sharing capital for investment and profit or loss of the organization. The collaboration is said to be a partnership.

A corporation refers business organization where the financial investment is done by the shareholders in exchange for some percentage of the ownership or profit of the organization.

Both the cooperation and partnership involve the distribution of liability among the owners. As they are the ones who took operations and management. The liability of the partner is unlimited in a general partnership and limited in a limited partnership whereas corporate owners have limited liability.

Therefore, option A is appropriate.

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PLS I NEED THIS FAST

which piece of legislation granted rights to consumers to protect them from unethical business practices?
a. consumer bill of rights
b. american marketing association code of ethics
c. fair packaging and labeling act
d. united nations consumer protections

Answers

Answer: A.consumer bill of rights

Explanation:

The consumer bill of rights is one piece of legislation that grants customers rights to protect them from unethical commercial activities. Option A is correct.

What is the significance of consumer bill of rights?

The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to select, the right to safety, the right to be heard, the right to have problems remedied, the right to consumer education, and the right to service.

The Consumer's Bill of Rights is intended to make it simple to get and keep utility services. The Consumers' Bill of Rights states that utilities provide essential services that must be made available to all utility consumers on fair and reasonable conditions.

One form of law that offers customers rights to protect them from unethical commercial practices is the consumer bill of rights.  Therefore, option A is correct.

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Which resource management task includes activating?.

Answers

Answer:

Which resource management task enables resource coordination throughout the incident? Incident information is used across ICS, EOCs, MAC Groups, and JIS to aid in planning, determine incident costs, and identify safety issues.

Which policy highlight would discuss how to approach an employer if you need to change a scheduled interview?.

Answers

The policy highlight that would address how to approach an employer if a scheduled interview needs to be changed is: The Public highlight.

What is a Public highlight?

A public highlight is an unwritten social laws institutionalized to solve unplanned problems. These policies serve as guide when implementing programs or actions created by an organization.

So for a planned interview to suddenly change, a public policy highlight would be most appropriate to implement. It gives room for an unforeseen event.

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a bank holding company owns a bank that is chartered by the Office of the Comptroller of the Currency (OCC) of the U.S. Treasury Department and has federal deposit insurance, it can be regulated by

Answers

The Federal Reserve is the federal entity that regulates the bank holding company that is chartered by the Office of the Comptroller of the Currency.

What is a bank holding company?

A bank holding company refers to an independent company that controls banks but does not itself in their activities.

In conclusion, the Federal Reserve is the federal entity that regulates the bank holding company that is chartered by the Office of the Comptroller of the Currency.

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A company that expects that some of its customers will not pay the agreed upon sales price must utilize the.

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A company that notices that some of its customers will not pay the agreed-upon sales price must make use of the allowance method of accounting.

What is the allowance method in accounting?

The allowance method is a strategy of putting up a reserve for potential consumer debt in the future. The reserve is calculated based on the sales percentage generated in a given reporting period, may be modified for the risk related to specific clients.

The allowance method calculates the provision for uncertain accounts by multiplying and scaling the accounts receivable by the correct percentage for the aging period and then adding the two totals altogether.

Therefore, a company that notices that some of its customers will not pay the agreed-upon sales price must make use of the allowance method of accounting.

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SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations throughout the United States. Group startsTrue or False

Answers

It is a false statement that SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations.

What is SCORE?

SCORE means Service Corps of Retired Executives.

The organization is nonprofit organization that is founded to provides free and confidential business mentoring services to small business owners in the United States.

In conclusion, It is a false statement that SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations.

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What do marketers do to achieve satisfying connections?

Answers

Answer:

To achieve satisfying connections, marketers plan where they need to go and how to get there efficiently.

Explanation:

In order to achieve rewarding connections, the marketers plan their goals where they want to go or move towards, set up strategies after dividing the short and long-term objectives to ensure that it is attained effectively and efficiently. The planning helps the organization to analyze and document marketing strategies, defining the target, developing goals, creating adequate marketing campaigns, and construct the appropriate activity plan with guidelines for effective attainment of goals on time.

To achieve satisfying connections marketers make plans for where they need to go and how to get there quickly in order to make rewarding relationships.

The marketers plan their goals, where they want to go or move towards, and put up plans after splitting the short- and long-term aims to guarantee that it is reached successfully and efficiently. This helps them build rewarding relationships.

Planning enables the business to define the objective, design goals, create effective marketing campaigns, assess and record marketing strategies, and construct the necessary activity plan with instructions for successfully achieving goals on schedule.

Thus, marketers make plans to achieve satisfying connections.

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What organizations are formed by Acts of Parliment

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You are here: Home / Non-Profit Fact Sheets / What is an Organisation formed by Royal Charter or by Special Act of Parliament?
What is an Organisation formed by Royal Charter or by Special Act of Parliament?

WRITTEN BY BETTER BOARDS - AUGUST 20, 2013

royal-charter-special-act

When establishing a non-profit organisation, founders can choose from a large range of legal forms. An organisation’s legal structure will determine the types of activities it is legally able to carry out and which government bodies it is required to seek registration from or report to. An organisation formed by royal charter or by special Act of parliament are two possible structures of a non-profit organisation. Find out more about the other types of legal structures here.


Some of the oldest and largest non-profits in Australia take one or other of these legal forms, however, new organisations adopting these structures are now established very rarely.

In the past organisations formed by royal charter were administered by the Prime Minister’s Office, but it now “avoid[s] recommendation of such nonprofit forms”[1]. This form has often been used to incorporate or establish significant organisations. A few examples of these types of organisation are Scouts Australia, The University of Sydney, The University of Tasmania and Engineers Australia.

Organisations formed by special Act of Parliament are established when it is “demonstrated to the government of the day that the organisation is substantial and cannot be accommodated under other incorporating statuses”[2].

Many universities and religious bodies have been incorporated by a special Act of Parliament. The University of Melbourne, The University of Queensland, the National Library of Australia and the National Gallery of Victoria are examples of organisations established through special Act of Parliament.

Organisations conforming within either of these structures are complicated and expensive to establish. They must comply with the specific act or charter relating to their establishment, often called their “constituting documents”.

This fact sheet is intended as a simple overview of non-profit legal forms and terminology. Non-profit law is incredibly complex and there will be many exceptions, restrictions, allowances and important qualifications that are not described above. This fact sheet is not intended and should not be taken as legal advice. In many cases, serious penalties apply to organisations that are found to be lax in fulfilling the requirements of their legal structure. Dedicated legal advice should be sought from a legal practitioner before taking action.

what conflict situation is should I accept the job offer I currently have or should I wait to hear from the company that I really want to work for

Answers

In a conflict situation where a person has a job offer but is still waiting for a response from the company he wants to work with, it is best to properly weigh your options and take up the existing job offer.

What is a Career Interest?

This refers to the situation where a person has certain preferences about where he would like to work in relation to other jobs or job offers.

Hence, we can note that because there is an already existing job offer, it would be worthwhile to take it and gain creditable experience which would help you land your dream job.

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When interacting with a customer who has a rational style and keeps communication brief, your best strategy is to

Answers

The best strategy which a person should use when interacting with a customer who has a rational style and keeps communication brief is:

Ask open-ended questions to obtain information.

What is Communication?

This refers to the exchange of information between two or more people where feedback is given through a medium.

With this in mind, we can note that because the customer has a rational style and communicates in a straightforward manner, then the best strategy would be to ask open-ended questions to obtain information.

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Which of the following is the definition of point of operation?

a)Component of the machine which moves while the machine is working

b) Part of the mechanical system which conducts energy to the part of the machine performing the work

c) Area on a machine where the work is performed

d) Repetitive up-and-down or back-and-forth linear motion

Answers

Answer:

Explanation:

B.

MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study

Answers

Answer:

Name one component/feature of each business environment in the case study

Which situation is an example of comparative advantage in an international market? country a decides to grow extra potatoes so they have more to export, while country b does not grow potatoes to export. factories in country a and country b produce the same number of tablet computers. country a’s factories could be used instead to build more laptops than the factories in country b. country a invests in a new technology while country b chooses to invest in education. country a can produce 100 units of rice per acre of farmland, while country b can only produce 70 units of rice per acre of farmland using the same resources.

Answers

Country A produces 100 units of rice per acre of farmland and Country B produces 70 units of rice per acre of farmland using the same resources.

What is the theory of comparative advantage?

The theory of comparative advantage introduces opportunity costs as an analysis factor in choosing between different production options.

Comparative advantages include producing more goods at a lower cost than our trading partners, lowering prices, and making more profits from it.

In the last option, we see higher productivity in Country A compared to country B, both of which are under the same conditions.

Therefore, it is easy to see that Country A is profitable when trading in the international market. Thus, Country A has a comparative advantage over country B.

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Answer: D. Country A can produce 100 units of rice per acre of farmland, while Country B can only produce 70 units of rice per acre of farmland using the same resources.

Explanation:

edge 2023

Read the factors of production for two businesses: In Case manufactures cases for smart phones, while Wrap It Up is a gift-wrapping service. In Case • $1,500 a month for rented building • Will need two new employees • $2,000 for inventory expenses • $4,500 for equipment expenses Wrap It Up • $1,500 a month for a rented store • Will need five new employees• $1,500 for inventory expenses • $2,500 for equipment expenses Which statement correctly compares the two businesses?

Answers

Answer:

In case is relatively more capital intensive & Wrap it up relatively more labour intensive.

Explanation:

Comparing 'In Case' cases for smart phones & 'Wrap it up' gift wrapping service

In case : 1500 rent, 2 employees, 2000 & 4500 inventory & equipment expenseWrap it up : 1500 rent, 5 employees, 1500 & 2500 inventory & equipment expense

Land fixed cost requirements for both are same. However, In case needs less labour & more inventories, equipment expense. Wrap it up needs more labour, less inventory, equipment expense.

So, In case is relatively more capital intensive & Wrap it up relatively more labour intensive.

Answer:

The correct answer is In Case will require a less costly investment in labor, while Wrap It Up will require less capital in the long term.

Explanation:

Explanation: They are comparing different things but in the same purpose. Which actually makes the comparison valid and correct.

a car starts from rest and reaches a speed of 20m/s in 5 second what is the acceleration of the car

Answers

Answer:

The car's acceleration is 10 m/[tex]s^{2}[/tex]

Explanation:

The "acceleration" tells you how the velocity's rate changes over a specific period of time.

The formula is: a (acceleration) = [tex]\frac{change in velocity}{change in time}[/tex]

The velocity changed from 0 m/s to 20 m/s while time changed from 0 sec. to 5 sec.

Therefore: a = [tex]\frac{20 m/s}{5 s}[/tex] = 10 m/[tex]s^{2}[/tex] (this refers to the rate at which the car's velocity changed over time)

Describes at least three resources you have used in the past to find information

Answers

Answer:

1. newspaper

2. books

3. internet

Why is it a good idea to check your bank statements on a regular basis?.

Answers

Reviewing your account statements can help you identify ways to save in fees, particularly if you are paying excess savings transaction fees.

Identify 3 duties you would expect an accountant to perform​

Answers

Explanation:

• Examine statements to ensure accuracy.

• Ensure that statements and records comply with laws and regulations.

• Compute taxes owed, prepare tax returns, ensure prompt payment.

- organize and maintain financial records
- improve businesses efficiency where money is concerned
- make best-practices recommendations to management

Which of the following is most likely to create a long-term trend? A. Fashion B. Entertainment C. Television shows D. Demographics

Answers

Answer:

I think it's A.fashion

Answer:

D

Explanation:

this is supposed to be the correct answer on Edge

( I put A. on Edge)

HELP ME PLZ i’ll give brainliest Greg owns numerous factories that prepares corn syrup for shipment. His team has packed the syrups in thousands of barrels. Which
type of transportation should he use to send these barrels overseas?
a. shipper
B.
bulk cargo
с.
trains
D.
break bulk cargo

Answers

Answer:

B

Explanation:

which kind of flour contains more gluten and less starch
a.all purpose flour
b.bread flour
c.cake flour
d.soft flour​

Answers

Answer: b. bread flour

Explanation:

Different types of flour have varying gluten and starch content which is as a result of the kind of wheat used in making the flour.

Bread flour which is also called hard flour has gluten content of 13 to 14% which makes it the highest of the options. All purpose flour has around 12%, Cake flour has about 7.5 to 9% and soft flour is quite low as well.

turell grant is a claims adjustor his biweekly salary is 1,075. what is his annual and monthly salary?

Answers

Answer:

$27,950 and $2,329. 17

Explanation:

Bi-weekly means every two weeks.  A biweekly salary is paid once every two weeks.

One year has 52 weeks; a Biweekly salary will be paid (52/2) times in a year.

Yearly salary will be $1075 x 26

=$27,950

The monthly salary will be yearly salary divide by 12

=$27,950/12

=$2,329. 17

1) The skills and knowledge a person has acquired through experience and/or
education.
O Human Capital
O Entrepreneurial talents
O Physical Capital
O Perfect competition

Answers

Answer:

O Human Capital

Explanation:

Human capital is an employee's knowledge, skills, and competencies that a company uses in productivity.  It is the attributes of labor that impact production and influence compensation. Human capital is enhanced through education, job training, work experiences, and research.

Human capital is compensated through wages and salaries. Its cost is monetized as labor and is one of the factors of production.

Louvers, Incorporated, accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27.
Prepare the necessary November 27 entry for Louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. If there are multiple debits or multiple credits, please enter the account titles in alphabetical order. View transaction list Journal entry worksheet < 1 Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. On June 30, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27. Note: Enter debits before credits. Debit Credit Date Nov. 27 General Journal Cash Interest revenue Interest receivable Notes receivable Record entry Clear entry View general journal

Answers

Answer:

November 27                                      Debit                 Credit

Bank                                                    $15,750

(15,000+15,000*10%*180/360)

Accrued interest income                                              $125          

Interest income                                                              $625

Note receivable from customer                                   $15,000


Which challenge leads to a gap between the objectives of the IS systems and the business needs when developing the IS?

Answers

Answer: Lack of documentation

Explanation:

HELP NOW PLEASE

Someone who buys a song online and copies it for friends is violating

privacy rights.
ethical rights.
appropriate Internet use.
intellectual property rights.

Answers

Answer:

intellectual property rights.

Explanation:

Intellectual property rights are the exclusive rights granted to a person for the use of their creation. The rights give a person a monopoly to profit from their invention or production for a specified duration. Intellectual property rights are granted through copyrights, trademarks, and patents.

Buying a song online and copying it to friends denies the musician revenues. Those friends will be get entertained through the efforts of the musician without paying.

What are the costs of “freebie” items?

Answers

Answer:

The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.

Explanation:

Answer:theres no cost its a freebie

Explanation:

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