When troy smith started the first top hat restaurant by himself, he was considered a ___________; when charlie pappy joined him later, the business became a _____________?
As the project progresses from initiation through planning and executing, and additional detail is gathered, the range of values for the project cost estimate will:
A consequence of either a price ceiling or a price floor is
How do the owners of a partnership relate to the business?
a. the owners and the business are not separate legal entities.
b. the assets of the owners are considered separate from the asset of the business.
c. the owners and the business are separate legal entities.
d. none of these describe the legal relationship of the owners to the business?
The pharmacist needs to measure out 35 grams of a 70% powder using the 50% and 90% powders he has in stock. how much of each powder is required?
let us say that:
x = mass of 50% powder
y = mass of 90% powder
eqtn 1 overall mass balance: x + y = 35
eqtn 2 poweder balance: 0.50 x + 0.90 y = 0.70 * 35 => 0.50 x + 0.90 y = 24.5
Combining equations 1 and 2:
0.50 (35 – y) + 0.90 y = 24.5
17.5 – 0.50 y + 0.90 y = 24.5
0.40 y = 7
y = 17.5 grams
x = 35 – y = 35 – 17.5 = 17.5 grams
So equal amounts of 17.5 grams each are needed.
Practice question 05 when is a receivable recorded by a service organization? when the related expenses are incurred when service is provided on account when the customer pays when the bill is sent to the customer
A receivable is recorded by a service organization when the service is provided on account. This follows the accrual basis of accounting, which records revenues and receivables when they are earned, not when the cash is received.
Explanation:In accounting, a service organization records a receivable when the service is provided on account, not when the related expenses are incurred, the customer pays, or the bill is sent to the customer. This is a common practice that follows the accrual basis of accounting, which records revenues and associated receivables when they are earned, not when the cash is received. For instance, a consulting firm would record a receivable when they have completed the consulting work agreed upon (service provided) but before they have received payment from the client.
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Bob, a guest at a hotel, reached into the front seat of the hotel limousine to get his briefcase. he supported himself by placing his left hand on the center pillar to which the rear door was hinged. a hotel employee closed the rear door, smashing bob's hand. a part of bob's left index finger later had to be amputated. bob filed a negligence lawsuit against the hotel in a state that adopted a "pure" form of comparative negligence. in this case, the court most likely would find that:
In a state with "pure" comparative negligence, the court will likely apportion fault between Bob and the hotel, and Bob can recover damages reduced by his fault percentage.
Explanation:Bob filed a negligence lawsuit against the hotel after his hand was smashed by a hotel employee closing the car door, leading to the amputation of part of his left index finger. In a state that has adopted a "pure" form of comparative negligence, the court is likely to apportion fault between Bob and the hotel based on their respective contributions to the incident. Under pure comparative negligence, even if Bob is found partially at fault, he can still recover damages, but the amount would be reduced by his percentage of fault. The court will consider factors such as the foreseeability of Bob's actions and whether the hotel employee had a duty to check the area before closing the door.
What problem will result from even slightly higher global temperatures?
The problems that may arise if there is a slight higher global temperature are the following;
- Increasing of sea level due to the melting of ice caps
- Presence of alteration in ecosystem in which is responsible of balancing the environment in the earth that we live in.
Suppose you're pitching in a softball game and facing a good hitter. you remember that you struck her out with a fastball the last time she was up. you also remember that your coach told you to always try to be unpredictable, so you decide to throw a curve ball this time. in making this decision, you are primarily using your ________.
Outpatient care accounts for what percent of gross patient revenue for all us hospitals? 1. 10% 2. 20% 3. 40% 4. 60%\
______________ and _________________ wanted germany to pay for the entire financial cost of the war.
Monica graduated from high school this year and has a steady job. She feels ready to move into her own space and has $1,200 in savings. Does she have enough for a down payment to rent this apartment?
Security Deposit $500
Application Fee $10
First Month's Rent $550
Parking (optional garage) $30
Electricity included in the rent
Telephone approximately $36 per month; $40 to connect
Water $26 per month; a deposit of $50
Yes, Monica has enough money in savings to pay the downpayment of $500. She can take the $500 out of her savings account. She will need to keep making money each month to afford her bills though. Monica can not survive the first month on just the savings account funds she currently has.
Senators may use the _______ to delay or even prevent the passage of a bill, however, they may vote to stop it with a _______ vote.
The answer in the first space provided is that they can use the majority floor leader in which they debate on the bill that will contribute of having to delay or pass the bill. In the second space provided is the filibuster. This is a vote that the senators used to prevent of voting the bill.
Define optimal efficiency. how is optimal efficiency achieved in production?
Optimal efficiency in production involves producing goods at the lowest cost without waste. It is achieved through streamlined processes, advanced technology, trained employees, optimized supply chains, quality control, resource management, and continuous improvement.
Optimal efficiency in production refers to achieving the highest possible output with the lowest input of resources, thereby maximizing productivity and minimizing waste. It involves producing goods or services at the lowest cost and in the shortest time without compromising quality.
To achieve optimal efficiency in production, several strategies can be employed:
Streamlining Processes: Analyzing and redesigning workflows to eliminate unnecessary steps or bottlenecks can improve efficiency. This may involve adopting lean manufacturing principles or using process improvement methodologies like Six Sigma.Investing in Technology: Utilizing advanced machinery, automation, and digital tools can enhance productivity and reduce labor costs. Technology can also improve precision and consistency in production processes.Employee Training and Empowerment: Ensuring that employees are well-trained and empowered to make decisions can lead to better problem-solving and smoother operations. Engaged and motivated workers tend to be more productive.Supply Chain Optimization: Managing the supply chain efficiently, including sourcing materials, inventory management, and logistics, can reduce lead times and costs. Collaboration with suppliers and implementing just-in-time (JIT) inventory practices can be beneficial.Quality Control: Implementing robust quality control measures helps reduce defects and rework, thereby saving time and resources. High-quality products also result in fewer returns and customer complaints.Energy and Resource Management: Implementing sustainable practices can reduce energy consumption and waste generation, leading to cost savings and improved environmental stewardship.Continuous Improvement: Establishing a culture of continuous improvement encourages ongoing evaluation and refinement of processes. This can be facilitated through regular performance monitoring, feedback loops, and encouraging innovation.By systematically addressing these factors and continuously refining operations, businesses can move closer to achieving optimal efficiency in production, resulting in competitive advantages such as lower costs, faster delivery times, and higher customer satisfaction.
The main goal when setting insurance goals is to
The main goal when setting insurance goals is having to come up with the problems by asking important questions in means of having to create an insurance goal. One example that is needed to be asked when creating an insurance goal is by having t ask what is needed to be insure.
The main goal when setting insurance goals is to ensure that the average person's payment into insurance over time covers the average person's claims, the costs of running the company, and leaves room for the firm's profits.
Explanation:The main goal when setting insurance goals is to ensure that the average person's payment into insurance over time covers the average person's claims, the costs of running the company, and leaves room for the firm's profits.
For example, a life insurance company's primary purpose is to provide financial protection for survivors of the insured. After insurance policies have been paid out, the company may have a great deal of cash on hand, which can be lent to others or used for policy loans.
Ultimately, the goal of insurance companies is to balance their income from premiums and investments with their expenses and the need for profitability.
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Francine is interested in starting a new financial services company where she will manage the investments of others. she wants to generate her own funding as well as lead the business once it gets started. francine will assume all risks and rewards of the new enterprise. francine would be considered an entrepreneur because she is:
If the supply of loanable funds decreases and the demand for loanable funds increases at the same time, interest rates will:
If the supply of loanable funds decreases and the demand for it increases at the same time, interest rates will increase. Interest rate is inversely proportional to the supply of money. Smaller money supplies raise market interest rates. A larger money supply lowers market interest rates.
Choose the _______ container for the best random-access performance in a container that can grow.
How many ways can an irs auditor select 6 of 13 tax returns for an audit?
There are 1716 ways for an IRS auditor to select 6 of 13 tax returns for an audit.
Explanation:The question asks how many ways an IRS auditor can select 6 of 13 tax returns for an audit. This is a combination problem since the order does not matter. To solve this, we can use the combination formula:
C(n, r) = n! / (r! * (n-r)!)
where n is the total number of items and r is the number of items to be selected. Plugging in the values, we get:
C(13, 6) = 13! / (6! * (13-6)!) = 13! / (6! * 7!) = 1716
Therefore, there are 1716 ways for an IRS auditor to select 6 of 13 tax returns for an audit.
_________ occurs when a formula directly or indirectly refers to itself.
Savings accounts enable you to earn interest for money you place, or deposit, in the bank.
True or False?
Compare the advantages and disadvantages of large and small nature reserves.
The advantage of small and large reserves is that it only requires small labor and it can also serve a city and a town. The only disadvantage of the small and large reserves is that it is quite expensive despite of its usefulness.
Large nature reserves support more species and habitats but are more challenging to establish and protect due to political and economic factors. Small nature reserves are more manageable but need to be carefully connected to maximise their effectiveness. Both need careful planning and sustainable human behaviour for success.
Explanation:Large and small nature reserves both have their advantages and disadvantages in terms of biodiversity protection. Large nature reserves are advantageous because they support a greater variety of species, maintain more core area of optimal habitat, and are more visible and accessible for species. However, they often face challenges related to political and economic pressures which make it difficult to set aside large enough areas, and enforcement of protections can be an issue especially in countries with limited resources.
On the other hand, small nature reserves are often easier to establish due to less land requirement and they may be more manageable. But they do not offer as much core habitat and may not support as many species as large reserves. To make them more effective, smaller reserves should be connected through wildlife corridors, allowing species and their genes to move between the reserves, making the smaller preserves behave more like a large one.
In conclusion, careful planning and design based on the principles of island biogeography are necessary to maximize the conservation potential of both large and small nature reserves. Also, the role of non-profit organizations and the necessity for a shift in human behavior towards sustainability are emphasised as critical factors for the success of these conservation efforts.
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Choosing a differentiated targeting strategy has many benefits, but a potential downside is that __________.
The primary downside of a differentiated targeting strategy can be customer confusion due to conflicting regional messages, increased costs from lack of economies of scale, and amplified risk due to global market unpredictability.
Choosing a differentiated targeting strategy has certain drawbacks, despite its advantages such as the ability to adapt products and marketing to fit local needs. One significant downside is that it can create confusion among consumers, especially as customers increasingly adopt a global perspective. Conflicting messages across different regions due to the customization of product attributes or marketing campaigns can dilute a brand's message, leading to a weakened global brand image and reduced customer loyalty.Additionally, a differentiated targeting strategy can lead to higher costs due to the need for tailored products and marketing strategies for each targeted segment. This can place a significant burden on a company's resources and potentially limit its ability to achieve economies of scale.Finally, the risk of market unpredictability can also be amplified with a differentiated approach. If global market preferences shift or economic conditions change, specialized products may no longer meet consumer demand, creating a precarious situation for the company.
Quentin operates an ice cream franchise which has shops throughout the united states. coolcream co., the franchisor, supplies the ingredients and formula so that quentin can create the ice cream in his store and sell it fresh to customers. this relationship is known as a:
I believe that this problem has the following choices:
chain style business operation.
joint development enterprise.
distributorship.
manufacturing or processing plant arrangement.
The correct answer is:
manufacturing or processing plant arrangement.
In a manufacturing style of relationship, there is a continuous in flow of raw materials which is supplied by Quentin’s supplier and outflow of products which is supplied by Quentin itself.
_____ planning done by top-level managers involves establishing a vision for the company, defining long-term objectives and priorities, determining broad action steps, and allocating resources.
Personal finance experts recommend saving what percentage of your income?
Gordon rosel went to his bank to find out how long it will take for $1,200 to amount to $1,650 at 8% simple interest. calculate the number of years. (round time in years to the nearest tenth.) number of years
It will take [tex]5[/tex] years for principal [tex]\$1,200[/tex] to amount [tex]\$1,650[/tex] at [tex]8\%[/tex] simple interest.
What is principal?"Principal is the amount which is taken by an individual as a loan."
What is amount?"Amount is the total money paid back at the end of the time period for which it was borrowed."
What is simple interest?"Simple interest is the interest calculated on the principal amount."
Principal [tex]P=\$1,200[/tex]
Amount [tex]A=\$1,650[/tex]
Rate [tex]R=8\%[/tex]
Simple interest [tex]S.I=A-P[/tex]
[tex]=1650-1200\\=\$450[/tex]
Formula to be used
[tex]S.I=\frac{PRT}{100}[/tex]
[tex]450=\frac{(1200)(8)(T)}{100} \\T=\frac{(450)(100)}{(1200)(8)} \\T=4.6875\\T=5[/tex]
Hence, the number of years is [tex]5[/tex] years.
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As part of a research study, dora is administered an intelligence test and obtains a particular score on this test. a few days later, she repeats the same test as a part of the same study and obtains the same score. this in turn leads dora to conclude that the intelligence test possesses adequate _____.
Identify the type of service that is not considered to be a preventive medical service.
On september 1, knack company signed a $50,000, 90-day, 5% note payable with central savings bank. what is the journal entry that should be recorded by knack upon maturity of the note? (use 360 days a year.)