Answer: The initial goal of the government's participation in business was to preserve business property, enforce business contracts, settle business problems, and settle and collect taxes.
Compute the increase or decrease in the pretax operating profit (loss) that would have been reported for the current year had GE employed FIFO accounting for all inventory for both years. 2. Compute the increase or decrease in pretax operating profit that would have been reported had GE employed LIFO but not reduced inventory quantities during the current year
The operating loss that would have been reported for the current year is $150 million.
How to calculate the pretax operating profit?The pretax operating profit or loss will be calculated thus:
Difference in beginning inventory = $2076
Less: Difference in ending inventory = $2226
Difference in cost of goods sold = $150
Therefore, the operating loss that would have been reported for the current year is $150 million.
The change in cost of goods sold of $23 million shows that it is a change in the pretax operating profit. Therefore, as prices increase, the net income before taxes would be $23 million lower.
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Which of the following is not one of the reasons to track expenses when creating a budget
A. It helps you to analyze your spending habits.
B.It allows you to determine patterns in spending.
C. It helps you to identify which purchases can be reduced.
D. It allows you to find out if you can afford to set a savings goal.
Answer:
D. It allows you to find out if you can afford to set a savings goal is not a reason to track expenses.
Explanation:
Regardless of income, an individual should track their expenses to ensure that their money is being spent appropriately.
Answer choice A, B, and C are correct because if someone were to monitor their spendings, they would be able to discern the following:
What different goods and services they spend their money onHow often they purchase certain goods and servicesWhich goods and services they can cut down on to save costs for other necessary goods and servicesIndividuals who track their expenses are more likely to make better financial decisions than those who don't. Regardless of if someone makes 6 figures a year or someone who is employed at minimum wage, tracking expenses can help anyone to spend their money efficiently.
Hope this helps!
What was the name of the Starbucks social media marketing campaign that allowed customers to customize a cup with art
Answer:
They did a doodling design contest.
Explanation:
Taking a cue from customers who have been doodling designs on cups for years, Starbucks is launching a White Cup Contest. The contest encourages customers in the U.S. and Canada to decorate a Starbucks cup with customized art, take a photo of it, and submit the design through social media using #WhiteCupContest
learn more here: https://stories.starbucks.com/stories/2014/starbucks-invites-you-to-decorate-its-iconic-white-cup/
Which of the following is a type of machine safeguarding?
a) Punching
b) Feeding and ejection methods
c) Point of operation
d) In-going nip points
(03.04 LC)
The greatest goal in advertising is to convince us
"wants" are unnecessary
the firm has the best price
a particular product is a "need"
the product is the same as other firm's products
Answer:
c
Explanation:
There are many – in a competitive market. Firms in this market sell very – products, and each firm also has – to the market. Each firm is also considered a price –.
There are many sellers in a competitive market. Firms in this market sell very similar products, and each firm also has free entry and exit to the market. Each firm is also considered a price taker.
What is a competitive market?A competitive market is a market where there are buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
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list at least 3 places where you can look for information about license and permits
Answer:
billing and safety department, public works, DMV, and city license office.
What example best describes the market structure of monopolistic
competition?
A. A farmers market features multiple stalls where farmers sell their
apples.
B. Several different restaurants compete for customers in a city
neighborhood.
C. A large company makes over half of the trains built in the country.
D. A city government owns and operates all waste management
services.
The answer choice which best represents an example of a monopolistic competition is; Choice B; Several different restaurants compete for customers in a city neighborhood.
What is Monopolistic competition?Monopolistic competition as the name implies is a type of imperfect competition characterized by the fact that there are many producers competing against each other, although selling products that are differentiated from one another and hence are not perfect substitutes.
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Answer:
b
Explanation:
What is the government's goal when providing a company with a subsidy?
a) the government only provides subsidies to poor people.
b) to manage the control of dangerous products entering the marketplace
c) to increase their supply
d ) to manage their supply
Answer:
c) to increase their supply
Explanation:
A subsidy is an incentive or motivation from the government to private businesses or individuals. Subsidies are usually in the form of cash, tax breaks, loans, or grants. The government gives subsidies to support production in the sector it wishes to promote.
Subsidies lower the cost of production to the business. Consequently, an entity increases its production quantities and can supply the market at lower prices. Subsidies, therefore, increase supplies in the market at friendly prices.
_____________, fill in the blank, requires that sales associates be friendly, knowledgeable, and helpful.
It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.
What is Personal selling all about?Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.
It serves as a promotional method by which the salesperson uses his or her skills to sell goods.
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Gabriella spent a lot of time shopping for her wedding dress, spending considerable time and effort visiting some of the finest bridal shops in the area. For Gabriella, her wedding dress is a(n) ________ product.
For Gabriella, given the time and effort spent shopping for her wedding dress is a type of specialty product.
What is a specialty product?A specialty product is a type of consumer product. It is a good that possesses unique characteristics or a unique brand identification which makes it attractive to consumers. As a result, consumers spend a considerable amount and time purchasing such items. An example of a specialty product are luxury items.
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Which principle of operational excellence refers to a long-term approach that favors quality and capabilities over short-term financial goals
Answer: The answer is Business Dictionary defines operational excellence as, “A philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization.
Explanation:
The business dictionary refers to a long-term approach that favors quality and capabilities over short-term financial goals.
What is the business dictionary?Business Dictionary is defined as a free, easy-to-use business vocabulary with over 30,000 definitions covering a wide range of key business issues such as entrepreneurship, management, small company, economics, human resources, recruiting, and corporate strategy.
A long-term approach that prioritizes quality and capability over short-term financial aims, Because your readers may have their own interpretation of the words, or may not be familiar with them at all, the “Definitions of Terms” section guarantees that they comprehend the components of your research in the manner in which you will deliver them.
Therefore, it is a business dictionary.
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This backbone of a culinary team is usually made up of which level of
employee?
A
None of these
B
Supervisory level
С
Entry level
D
Skilled level
Answer:
D. Skilled level
Explanation:
When it comes to the "Food Service Industry," the culinary team is divided into different groups. Talking about the level of skills, the backbone of the culinary team are actually the "cooks." Employees belonging to this team are expected to be skilled, especially when it comes to different cooking techniques. This also means that they have enough experience and are able to work in a team.
The "supervisory level" belongs to the chefs while the "entry level" belongs to those who wash the food or prepare them.
1. What arguments do Feingold and Heuvel offer in defense of Roosevelt?
2. What does Michael Beschloss mean when he describes Roosevelt’s response to the Holocaust as a "strange lapse?"
3. Why does David Wyman call it "the worst failure of his presidency"?
1. The arguments that these people put forward was to exonerate the president by saying the situation was beyond his control.
The argument that Feingold put forwardHe argued that there were many situations that occurred that were beyond the capacity of Roosevelt's administration. These were
The determination to liquidate Jews by Berlin.The decision to rescue a minority in a foreign land that the US did not owe any responsibility.The argument that Heuvel put forwardHeuvel sternly said that it was ironic to put any blames on Roosevelt because he was not the one that caused the holocaust.
According to him, no one had any backgrounds to fault him for what was being done by Hitler because he was not the cause.
2. What Michael meant was that it was not a common occurrence for the president to be silent on issues that are as pressing as this.
According to him, the president was a person that would speak up fast on serious world issues. He meant it was not in the character of the president to be late in issues of this sort.
3. Wyman called it the worst failure of his presidency because he refused to act for a long time during the extermination.
From what he said, the president only stepped in to save the Jews out of pressure.
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Should spreadsheets be used to maintain a checkbook?.
The above statement is correct because it maintains all the data collected and permits seeing the movement and growth of the data by automatically creating different types of charts to visualize the data.
What are spreadsheets?A spreadsheet is defined as an electronic record in which data is placed in the rows and columns of a facility and can be exploited and abused in arithmetic or calculations.
The above statement is correct that the spreadsheets be used to maintain a checkbook because it keeps the data organized and allows seeing the trends of the data by creating automatically the different types of the data.
Therefore, the above statement is true.
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One of the reasons a firm carries inventory is to ______, that is, to achieve constant output and use inventory to meet overly high requirements during seasonal periods.
Firms do carry inventory in order to have smooth production requirements and to achieve constant output .
What is an Inventory?Inventory serves as those goods and materials that a business holds so they can resale or production or utilisation purpose.
inventory can be used to meet overly high requirements during seasonal periods.
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Two characteristics of an autocratic and democratic leadership style
Answer:
• You have a highly structured working environment.
• You dictate all the working methods and processes.
Explanation:
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If the federal reserve increases the interest rate on bank deposits at the fed, banks will want to hold:.
Here is your answer:-
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
Financial aid letters from institutes of higher education show your yearly aid and costs for attending. This means that you will need to
Financial assistance letters from institutes means that you will need to re-apply for aid each year.
What is financial aid?Financial aid can be defined as a financial assistance granted to a student so as to enables the student pay for their education.
Financial aid is important as it help to cover college student tuition and education expenses.
Based on the given scenario for a student to be qualify for financial aid such student need to re-apply for the aid every year.
Inconclusion this means that you will need to re-apply for aid each year.
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Compile a job advertisement for a receptionist vacancy.Advertisement should include the name of the business and the title of the job advertisement
Answer:
Receptionist (Full-time).
Explanation:
Phetoloportia Communications Inc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.
We are recruiting to fill the job position below;
Job Title: Receptionist.
Location: Miami, Florida.
Job ID: 010345
Employment Type: Full-time.
Minimum Requirements:
High School diploma, GED, or equivalent preferred.Minimum of 2 years experience. Proficient in English (oral and written). Excellent knowledge of MS-Office.Application Closing Date:
1st of November, 2020.
How to Apply
All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 010345) to phetoloportiaatpci.com
When you borrow $50 from your rich cousin, then pay her back $60. What is the original $50 called
A value _________ is accomplished when a company makes an effort to connect their internal value chains.
The blank space in the statement should be filled with Creation.
What is a Value Chain?A value chain is characterized by the combination of activities undertaken in a business in a bid to move a product or service along its life cycle, including design, marketing, distribution, and customer support. The company's objective is value creation, particularly in the form of profit.
On this note, Value creation is accomplished when the value chains are connected.
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Which type of persuasion approach involves encouraging a person to agree to a small favor or to buy a small item, only to later request a larger favor or purchase of a larger item?.
The foot-in-the-door technique is the persuasion approach that involves encouragment of person to agree to a small favor only to later request a larger favor.
What is the foot-in-the-door technique?This is an approach that involves assuming to agreeing to a small request that increases the likelihood of agreeing to a second or larger request.
In conclusion, this persuausive approach is a technique majorly used by salespeople to persuade sceptical customers.
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Performance goals are most likely to lead to performance improvement if: _________
a) they are set up as specific goals.
b) a copy of the final decision of the supervisor is given to the employee.
c) employees are told what took place by HRD.
d) the employee does not get involved in the process.
The best way to get performance goals to lead to performance improvement is if a) they are set up as specific goals.
How can performance goals be made more effective?When performance goals are set up as specific goals, employees know for certain what they are working towards.
This allows them to work harder because they will be working towards something specific that they don't have to think much about.
In conclusion, option A is correct.
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Assume is it 2016. Can Presidential candidate Hillary Clinton run a paid search campaign and have her ad triggered when someone types in ""Donald Trump?"" What is Hillary wanted her ad triggered when someone typed in ""Tiffany diamond wedding rings?""
No, this is illogical because the main aim of political campaigns is to gain the upper hand against her political rivals and not to get notified when someone searches for her political rival.
What is a Political Campaign?This refers to the organized effort among members of the same political ideology to try and influence the decision-making of the electorates before the elections.
Hence, we can note that political campaigns run high on opinion polls which is the public perception of the candidates and this is where the political candidates would focus their ad campaigns on and not on snooping on each other.
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Compare tracking in affiliate marketing to that of e-mail and online advertising. What are the similarities/ differences? (Emphasis on the differences)
Similarities:
They both are ways to reach out to advertise products through the use of technology making them seen by a very wide range of buyers
Differences:
Emails are ignored and deleted by lots of people making them less effective however people may still see them unless they go to junk mail. Regular affiliate marketing, however, might reach more people as they might appeal more with photos or slogans to help get the advertisement stuck in the buyer's mind. In my opinion, affiliate marketing is more effective than emails.
A seattle-based software firm, sysco, was growing rapidly and hiring frequently, but it primarily focused on campus recruiting at two washington universities, uw and seattle university. When one 45-year-old candidate did not get an interview after a phone screening, he went to the company’s website and noted all of the young people in charge, so he filed a lawsuit under the.
Answer: Age discrimination in Employment Act
Explanation:
Age discrimination in employment is the lawsuit filed by the individual.
What is Age discrimination in employment?A United States labor legislation known as the Age Discrimination in Employment Act of 1967 prohibits employment discrimination against anyone who is at least 40 years old in the country.
Younger, less qualified workers gaining greater opportunities and promotions; older workers being unfairly let go and excluded from activities; and others presuming they don't comprehend technology are typical examples of ageism in the workplace.
Age discrimination occurs when a candidate or employee is treated less favorably due to their age. Age discrimination against those who are 40 years of age or older is prohibited by the Age Discrimination in Employment Act (ADEA).
You should be aware, though, that age discrimination lawsuits are extremely challenging to win and that the evidence supporting age discrimination is frequently more elusive than that supporting discrimination based on other factors, including race or gender.
Managers carefully select senior personnel whose expertise and qualifications warrant more pay than younger staff because the company may need to downsize. Older workers should be let go to reduce labor expenditures.
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Complete the concept map to describe the process by which breakdown products of foodstuffs are absorbed in the small intestine.
The process through which amino acids are absorbed in the primary active transport usually starts with the intestinal epithelial cells.
The process through which food is broken down in the small intestineThen fructose would have to be absorbed through diffusion into the same cells.
Glucose and galactose on the other hand are moved through active transport with sodium to the epithelial cells.
Large polymers are absorbed if the food was digested first through thde amino acids. With fatty acids being absorbed through diffusion to the cells.
The fatty acids would then be combined with glycerides in order to form micelles.
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Fatty acids and glycerides must combine with bile salts to form micelles
In 2015, your company had revenue of $78,524. In 2014, revenue was $56,976. What is the growth rate of your company
Assuming in 2014, the revenue was $56,976. The growth rate of your company is 38%.
Growth rateUsing this formula
Growth rate=2015 Revenue-2014 revenue/2014 revenue
Let plug in the formula
Growth rate=$78,524-$56,976/$56,976
Growth rate=$21,548/$56,976
Growth rate=0.378×100
Growth rate=38%(Approximately)
Inconclusion the growth rate of your company is 38%.
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Which of the following best describes how a free enterprise society answers the basic economic questions?
a
Allow the market to set prices for goods and services
b
Provide the state with ownership of all means of production.
c
Exchange goods by means of individual bartering.
d
Follow customs and traditions in deciding what to produce.
Answer:
the answer is a
Explanation:
ecnomic allows allow services and goods