Answer:
If executives are found liable for not properly protecting their company's assets and information systems, there is a type of law that is applied to this certain situation. This is Corporate liability. The company shall be punished if this will not be properly monitored.
Explanation:
If last year a pineapple cost $2, and this year it costs $4, there has been a ________ percent rise in the price of the pineapple over a one-year period.
Fine oil uses an organizational structure that includes both functional divisions (such as marketing and hr) and a divisional chain of command (such as the chemical and petroleum products divisions). for example, glen, a salesperson for fine oil, reports to both the marketing manager and the petroleum products manager as he starts to develop the shell oil account. fine oil uses a matrix structure. true false
A leader's credo should describe what the leader believes in and will or will not stand for.
Nintendo chose a ___________ approach to pricing for a new game console because they felt the market for this product was price sensitive, there are major economies of scale to be achieved, and both sony and microsoft would be introducing new game systems shortly
If a company sells one of its products for $9.99 rather than $10, it is using:
The business is using the odd even pricing. This is a psychological pricing technique grounded on the belief that fixed prices or price ranges are more attractive to buyers. This technique encompasses setting an amount in odd numbers (just under round even numbers) such as $49.95 rather than $50.00.
Why open-die forging is not a practical technique for large-scale production of identical produces?
Daw company's december 31 year-end unadjusted trial balance shows a $10,000 balance in notes receivable. this balance is from one 6% note dated december 1, with a period of 45 days. assume daw company does not prepare reversing entries. prepare journal entries for december 31 and for the note's maturity date assuming it is honored. (use 360 days a year.)
Interest on notes receivable is the cost of borrowing money for the borrower or profit from lending money. Interest should be calculated by multiplying principle amount of notes with rate of interest and number of days of interest. Following is the calculation
Interest = Principle amount of notes x Annual rate of interest x days = 10,000 x 0.06 x (30/360) = 50
Since the interest amounts to $50 for the period of 30 days at the rate of 6%, the journal entry for the corresponding transaction is shown below.
On Dec 31, Interest receivable debit is $50. Interest Revenue Credit is $50
Interest receivable account should be debited as it is the asset of D and revenue account needs to be credited as interest income of company should be recognized at income side of profit and loss account which amount to $50.
Maturity date is the date on which notes must be repaid with specified interest for holding period. Generally, maturity period of notes is less than a year means in days. Since notes is issued for 30 days at the interest rate of 6%, computation of the maturity date is shown below.
On Aug 2, Cash Debit is $10,075. Interest receivable Credit is $50. Notes receivable Credit is $10,000. Interest Revenue Credit is $25.
On the date of maturity, cash is received against the note along with the interest due to which cash account needs to be debited by maturity value of $6,180. Notes receivable should be credited by $10,000. Interest is the income for the company and it should be credited underlying the profit and loss account.
[tex]10,000 *(0.06* (\frac{31}{365})) = 50.95[/tex]
Debt: Interest Receiveable 50.95
Credit: Interest Revenue 50.95
Further Explanation Due to a 6% interest of $ 50.95 over a 30 day period, the journal entries are as follows: December 31, debit from interest receivables is $ 50.95. The Interest Income Credit is $ 50.95 Accounts receivable written down debited because it is a Daw company assets The written income account is credited because the company's interest income must be recognized profit and loss income of $ 50.95.
Money orders are issued for 30 days at an interest rate of 6%, the calculation of the due date is as follows: August 2, Cash Debit is $ 10,075.95 $ 50.95 interest receivable credit Credit received by Notes is $ 10,000 The Interest Income Credit is $ 25
On the due date, cash received by the notes and interest is debited with a maturity value of $ 6,180 Receivables are credited with $ 10,000 Interest is income for the company and is credited for the basis of the profit and loss account.
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Grade: College
Subject: Business
Keyword: interest, revenue, due
A firm has $820 in inventory, $3,200 in fixed assets, $1,210 in accounts receivable, $890 in accounts payable, and $360 in cash. what is the amount of the net working capital
The firm's net working capital is calculated by subtracting current liabilities from current assets, which in this case results in $1,500.
Explanation:To calculate the net working capital, we need to subtract the firm's current liabilities from its current assets. Current assets include inventory, accounts receivable, and cash, while current liabilities consist principally of accounts payable.
First, we sum up the current assets:
Therefore, total current assets = $820 + $1,210 + $360 = $2,390.
Now, we subtract the current liabilities:
Net working capital = Total current assets - Total current liabilities = $2,390 - $890 = $1,500.
The firm's net working capital is $1,500.
George is a u.s. citizen who is employed by hawk enterprises, a global company. beginning on june 1, 2017, george began working in london (for a total of 214 days in 2017). he worked there until january 31, 2018, when he transferred to paris. he worked in paris the remainder of 2018. his salary for the first five months of 2017 was $100,000, and it was earned in the united states. his salary for the remainder of 2017 was $175,000, and it was earned in london. george's 2018 salary from hawk was $300,000, with part being earned in london and part being earned in paris.
according to ___, self-interest and competition act as ____ guiding firms in a market-based economy.
ADAM SMITH
AN INVISIBLE HAND
If an offeree dispatches both an acceptance and a rejection to an offer:
a.the acceptance is effective as soon as it is dispatched and a contract is created.
b.the rejection is effective as soon as it is dispatched and no contract can be created.
c.neither the acceptance nor the rejection is effective and another response must be issued.
d.whichever response reaches the offeror first will determine whether a contract is created.
In a ________ structure each business unit has complete autonomy to reach its goals.
In a divisional ( decentralized) structure, each business unit operates autonomously, maintaining complete control over decisions and income. This is similar to a decentralized unitary system in governance, where regional entities have certain powers delegated to them.
Explanation:In a divisional/ decentralized structure, each business unit has complete autonomy to reach its goals. This structure contrasts with other organizational forms such as a unitary structure or a confederation. In the context of businesses, autonomy means that the owner of the company maintains complete control, making decisions without consulting others and controlling all income generated by the business.
The division of power within a country can also reflect these organizational forms. For example, the United Kingdom previously had a highly centralized unitary system but has since moved towards decentralization through devolution, creating regional governments and delegating specific powers to them. In both business and governance, the balance of autonomy versus central control reflects the chosen structure.
If your budget allowed you extra money for this month, would you choose to consume, invest, or save that money? Why? Be specific!
N periods of rising prices when lifo is used, companies avoid reporting a ________ because a portion of the gross profit must be reinvested to purchase more expensive inventory items.
a.paper profit
b.gross profit
c.net lossa
d.net income
If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,000 shares outstanding?
Tim writes a note to his boss to apologize for an embarrassing typo in a recent publication. at the end of the message, he promises that he will not let such a mistake get by him in the future. this promise is an example of
Rarely, the vintage date on a bottle of wine is not the same as the harvest year, but is the calendar year before the harvest year. for which wine on the list below is this most likely to be the case?
Jake is an excellent barber. however, all customers who come to him for a haircut must buy a bottle of shampoo. this type of arrangement is known as a tie-in sale. a sweetheart deal. an exclusive contract. a cross subsidy.
You are considering building a new deck on your home, what factors should you consider when deciding whether to borrow the money or take the money out of your savings account?
Juniper enterprises sells handmade clocks. its variable cost per clock is $6, and each clock sells for $24. calculate juniper's contribution margin per unit and contribution margin ratio.
Final answer:
Juniper Enterprises' contribution margin per unit is $18, and their contribution margin ratio is 75%, calculated from a variable cost of $6 and a selling price of $24.
Explanation:
To calculate Juniper Enterprises' contribution margin per unit and contribution margin ratio, we use the given data of a variable cost per clock of $6 and a selling price of $24. The contribution margin per unit is found by subtracting the variable cost per unit from the selling price per unit.
Therefore, for Juniper Enterprises, the contribution margin per unit is $24 - $6 = $18 per clock. The contribution margin ratio is calculated as the contribution margin per unit divided by the selling price per unit, expressed as a percentage. So, Juniper's contribution margin ratio is ($18 / $24) * 100 = 75%.
At the end of a shift, the sales clerk turned over $21,476.38 in cash, checks, and credit card receipts to the cashier. when the supervisor looked at the cash register tape for that shift, the tape stated that the sales clerk had sold $21,478.23 in merchandise. what should the company do as a result of this difference?
When it comes to employee resources, the best leaders encourage?
Effective leaders encourage the use of employee resources for their growth and development. These resources could include education programs, professional development opportunities, or health and wellness services. Leaders understand the true value of an engaged and skilled workforce for achieving business objectives.
Explanation:When it comes to employee resources, the best leaders encourage their use for employee growth and development. They recognize that these resources, such as education programs, health and wellness services, and professional development opportunities, are vital for maintaining a motivated and skilled workforce. They promote an environment of continuous learning, skill enhancement, and personal improvement to achieve business objectives.
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Do you think outside views and commentary are helpful or hurtful during turbulent times?
Deere & company, the maker of john deere farm, construction, and lawn-care equipment, employs ___________ engineers who work full-time with the company's suppliers to improve their efficiency and quality and reduce their costs.
If a marketer is asking "where is the product typically bought by customers in the international market segments?," what element of the marketing mix is she addressing?
Sharon is confined to a wheelchair since her accident. her employer supplied a special desk and widened the aisles so that she can get to her work station and work. this action is known as
Which of the following is NOT considered a form of communication? a. E-mail b. Sign language c. Smiling at someone d. Talking to yourself
Organizing data how is data displayed to make it meaningful answer key
Victor realizes that he needs money to start a clothing company. if he decides to obtain his funds through equity financing, what will his company have to do?
Victor's company will need to issue stock to raise funds through equity financing, resulting in selling parts of his company to investors in exchange for capital, while forgoing the requirement of making regular interest payments like in debt financing.
If Victor decides to obtain his funds through equity financing, his clothing company will need to issue shares of stock, representing ownership stakes in the business. By doing this, Victor is choosing to sell parts of his company to investors rather than taking on debt like a bank loan or issuing bonds. These investors, include private individuals such as angel investors or professional entities like venture capitalists, provide capital in exchange for ownership. This means they have a claim to future profits and a say in the company's operations, but unlike debt financing, the company is not obligated to make regular interest payments.
Equity financing allows companies, especially ones with little to no profits, to raise funds without the pressure of repayment schedules associated with debt. However, Victor will be giving up a portion of his decision-making power and potential future profits. He'll need to strike a balance between gaining capital and retaining control of his company.
A boat licensed to harass enemy shipping in wartime is called a