Answer:
"food"99000000
Which of the following statements is true with regard to price elasticity of demand?
a. Elasticity remains constant throughout the demand curve.
b. Elasticity increases with increase in quantity demanded.
c. Elasticity increases as the price decreases.
d. Elasticity is equal to the slope of the demand curve.
Elasticity is equal to the slope of the demand curve is true with regard to price elasticity of demand.
What is price elasticity of demand?Price elasticity of demand measures how much a product's consumption fluctuates in response to price changes.
Price elasticity is a term used by economists to describe how variations in price affect a product's supply and demand.
Price elasticity of supply is similar to that of demand. Price elasticity of supply is the term used to describe the relationship between price change and supply change.
It is determined by subtracting the percentage change in price from the percentage change in quantity offered. The two elasticities work together to define what products are produced and at what costs.
Learn more about price elasticity of demand, here
https://brainly.com/question/13691796
#SPJ4
Factor of production the five of are land, labor, capital, entrepreneurship, and knowledge. True or false
True. The five factors of production are land, labor, capital, entrepreneurship, and knowledge.
These are the key inputs that are used to produce goods and services, and they are considered the building blocks of an economy.
Land refers to natural resources, such as minerals, forests, and water.
Labor refers to the work done by people, including physical and mental work.
Capital refers to the tools, equipment, and machinery used to produce goods and services.
Entrepreneurship refers to the ability to organize and manage resources to produce goods and services.
Knowledge refers to the knowledge and skills of workers, as well as technology and information.
These five factors of production are used in combination to create economic growth and development.
Learn more about factors of production here: brainly.com/question/20738491
#SPJ4
What are the two main ideas of Keynesian economics?
First key of Keynesian is aggregate demand is more likely than aggregate supply. And the second ideas is wages and prices can be sticky, and so, in an economic downturn.
Keynesian economics generally can be defined as the various macroeconomic models and theories of how aggregate demand strongly influences inflation and economic output. Aggregate demand does not necessarily equal the productive capacity of the economy In the Keynesian view. Keynesian economics also can be defined as the body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935–36) and other works.
Here you can learn more about Keynesian https://brainly.com/question/17247821
#SPJ4
Why is it important to accept failure?
It is important to accept failure because it is an inevitable part of life and an important learning opportunity. Failure can help us to learn from our mistakes and to improve ourselves. It can also help us to become more resilient and better equipped to handle challenges and setbacks in the future.
By accepting failure, we can also develop a growth mindset, which is the belief that we can learn and grow from our experiences, rather than a fixed mindset, which is the belief that our abilities are fixed and cannot be changed. A growth mindset can help us to be more open to new experiences and to take on new challenges, even if there is a risk of failure.
In addition, accepting failure can help us to be more accepting of ourselves and others. It can help us to be more understanding and forgiving of our own mistakes, and to recognize that everyone makes mistakes and fails at times. This can help to build stronger relationships and foster a more positive and supportive environment.
To know more about risk of failure click on below link:
https://brainly.com/question/28690573#
#SPJ4
Failure in life is valuable because it gives people the chance to develop personally and professionally and gives them the chance to develop a strategy that will help them succeed. To achieve in life, one must experience failure.
Feelings of shame, despair, and sadness can frequently accompany failure. However, failure can be viewed as a teaching opportunity. Individuals can benefit from failure in a number of ways, including knowledge acquisition.
Every day, the possibility of failure exists. When we try out for a team, we might not be selected, just as when we take an exam, we might not receive the grade we expected.
Failure is a distinct possibility in any situation. That said, it doesn't follow that we should completely shun it. The majority of people think it's crucial that we all experience it at some point in our life.
When someone fails, understanding what went wrong might help that person gain new insight into the circumstance. With this understanding, the person may investigate previously unconsidered success-oriented avenues.
Know more about failure:
https://brainly.com/question/7743980
#SPJ4
Is general ledger a master data?
Yes, the general ledger is a master data.
The General Ledger (GL) is a cornerstone of accounting and financial reporting systems.
It is often referred to as the "master data" of the accounting system and is responsible for the recording of all financial transactions within a business.
The GL is a summary of all the accounts used to track the financial activities of a business, such as assets, liabilities, income, and expenses. The entries in the GL are organized into categories to provide a complete picture of the company's financial position at any given time.
As such, the General Ledger is an essential tool for financial decision-making, reporting, and compliance.
To learn more about ledger, click here:
brainly.com/question/1436327
#SPJ4
Adoption of ASC Topic 842 related to leases represents a Multiple ChoiceO.voluntary change in accounting principle. O mandatory change in accounting estimate. O voluntary change in accounting estimate.O mandatory change in accounting principle. cre 3-0
Adoption of ASC Topic 842, which deals with leases, represents D. a necessary change in accounting theory.
Adoption of ASC 842 is defined precisely.According to the ASC 842 standard for GAAP lease accounting, any leases that are for a term longer than 12 months must be disclosed as assets and liabilities on balance sheets. To promote more transparency between investors and businesses, the Financial Accounting Standards Board (FASB) developed this new standard.
A lease is defined by the ASC 842-10-15-3 as a contract that "conveys the right to manage the use of identifiable property, plant, or equipment (an identified asset) for a period of time in exchange for compensation."
The reporting organisation may choose to apply a different accounting principle because it is preferable, or a new set of rules may require a change in the accepted accounting principles.
To learn more about accounting visit:
https://brainly.com/question/28345482
#SPJ4
Demand and supply refer to various goods that people are willing to buy and/or sell ____________ at a given time. What word best fills in the blank.
Various items that individuals are willing to buy, sell, or trade at different prices at a particular moment are referred to as supply and demand.
What do you call a group or a person who is willing and able to purchase?A group of potential buyers who have unmet needs and wants and are prepared and willing to make purchases is referred to as a market. It can be interpreted in a variety of ways, such as the level of interest in a product or, more broadly, the area where purchasing and selling take place.
What does it mean to talk about supply and demand?Supply and demand in economics refers to the link between the amount of a good or service that producers want to sell at various prices and the amount that customers want to buy. In economic theory, it serves as the main model for calculating prices.
When a client is prepared and able to buy what they require or desire?To put it another way, a customer's ability and willingness to buy a need or a want proves that there is a market for that need or want. You might yearn for an iPhone or a BMW car. But is it possible to buy an iPhone or a BMW? Yes, if you have the money to buy them.
Learn more about supply and demand: https://brainly.com/question/13353440
#SPJ4
Who answers the three economic questions?
In a market economy, these questions are answered by consumers, producers, and the government.
The three economic questions are:
what to produce.how to produce it.for whom to produce it.1. Consumers answer the question of what to produce by deciding what goods and services they want to buy.
2. Producers answer the question of how to produce it by deciding how to use their resources and technology to produce the goods and services that consumers demand.
3. The government answers the question of for whom to produce it by regulating the economy and redistributing resources through taxation and spending.
In a planned economy, such as socialism or communism, the government plays a more direct role in answering these questions, and may make decisions about production and allocation of resources based on central planning rather than market forces.
To know more about three economic question click on below link:
https://brainly.com/question/2375436#
#SPJ4
A society (or country) answers the three economic questions. The three fundamental economic questions are answered differently by every community.
What, How, and For Whom Are the Three Economic Questions?
What It Implies?
Every civilization must respond to three fundamental economic questions in order to meet the requirements of its people:
What exactly should we create?How should we manufacture it?For whom should we make it?A society (or state) may decide to make confectionery, cars, computers, or combat boots. The products may be made by unskilled laborers in factories that are privately owned or by technical professionals in government-funded laboratories. Once produced, the commodities may be given away for free to the underprivileged or sold for exorbitant rates that only the wealthy can afford. There are countless opportunities.
The three fundamental economic questions are answered differently by every community, but in doing so, they all face the same underlying issues, namely resource, allocation and scarcity.
Know more about Three Economic Questions:
https://brainly.com/question/2375436
#SPJ4
What is the optimal solution to solve Change Management Simulation: Power and Influence V3 Session 3Scenario 3: Influence Without Authority, High UrgencyYou are the director of product innovation within the research and development (R&D) unit of Spectrum Sunglass Company.While you generally feel very positive regarding the situation at Spectrum Sunglass, you have noticed that sustainable economic development and the link between sustainability and innovation is featured in many of the professional articles you read, such as "Why Sustainability Is Now the Key Driver of Innovation." You are frustrated that you don’t have any new sunglass products to offer to the vocal customers who increasingly express concerns about Spectrum’s environmental impact. Not only does sustainable development make sense to you personally, from both a moral and an economic standpoint, you also see this as an opportunity to differentiate Spectrum’s products from your competitors, which focus exclusively on design and price.At a Spectrum’s annual executive strategy retreat, you decide to ask for a special, unplanned session to discuss the conversations you recently had with a vice president at Spectrum Sunglass Company’s largest retail customer, BigMart, which comprises 30% of Spectrum’s annual revenues with over 1,000 retail outlets across the United States. The VP explained he was now in charge of national sunglass procurement for BigMart, and that they had recently created a policy to promote all products which bear a Green Stamp manufacturing certification for environmental friendliness. He added that, notably, BigMart’s market research revealed that even its most price-sensitive consumers were starting to prefer green products within their price range. The VP explained that BigMart was now considering recommending that all of its suppliers go through the Green Stamp certification process.Hasan Ashraf (CEO): What exactly are BigMart’s terms?You: They want us to reduce petrochemical raw materials, such as polycarbonate plastics, in the manufacturing process from 90 percent to 50 percent within two years. The VP not-so-subtly threatened that, if we don’t respond within three months with a detailed implementation plan, BigMart will consider canceling all our contracts with them and shift to a competitor who will. While unexpected, this could be an opportunity to develop a unique product line for a mass market base, and I think we’re up to the challenge!Leslie Harris (VP of sales and marketing): A sustainability feature will help distinguish us in the long term, and this marketing angle may open up new consumer markets, such as exporting to more environmentally conscious countries in Europe.Paul Diaz (CFO): We can’t afford to start a sustainability project just because BigMart demands it! Green material substitutes for petroleum are probably expensive. We’re highly levered as it is, so a drop in profitability might put our ability to meet our debt covenants at risk.Daisha Farook (VP of operations): We just spent 12 months undergoing a grueling Six Sigma quality certification process. Our plant managers will probably resist another major change in material inputs.Mary Gopinath (VP of human resources): But we need to give this serious thought, there’s a lot at stake at ignoring this. Why don’t you form a cross-functional task force to come up with a compromise solution?Hasan Ashraf (CEO): You’re right, we can’t ignore this. I agree with Mary’s task force idea. You should create the task force from marketing, R&D, finance, and production, and they should all dedicate 75 percent of their time to coming up with a proposal for BigMart which is acceptable to all members. You have three months.The management team at the retreat concurs with the CEO’s task force proposal. As the retreat ends and everyone heads to dinner, you start pondering the numerous issues and obstacles to overcome in developing an acceptable plan for BigMart within three months. Your central challenge is to convince your colleagues that a dramatic change in the organization’s strategy and products is necessary and that environmental sustainability is critical to the company’s future—no small task in a relatively short period of time. This challenge is somewhat complicated by the fact that you must influence the rest of the organization without the formal authority to command employees’ attention. However, when BigMart tells Spectrum to jump, the usual response is to ask, "How high?" Furthermore, you have a reputation for being competent and trustworthy within Spectrum, and this reputational capital will be invaluable to you as you take on this new challenge.
Users can evaluate the success of a change endeavor using the single-player Harvard Change Management Simulation.
What is a simulation of change management?Students take on one of two jobs (CEO or Manager of Product Innovation) at a company that makes sunglasses in this simulation, and they must deal with the difficulties of establishing a company-wide environmental sustainability effort.
The simulation comprises four scenarios with various combinations of the relative strength of the force for change and the comparative urgency to deliver outcomes connected with the change effort, two aspects that are crucial for bringing about change. Students in each scenario pick from a variety of change buttons in an effort to convince influential the organization's members to support the change campaign. Here, the main teaching opportunity is to demonstrate to students the importance of context in leading change and the necessity to establish assumptions then amend them when reality contradicts them.
To learn more about Change Management Simulation refers to:
https://brainly.com/question/15175905
#SPJ4
The production line of a manufacturing company is most likely to be considered to be a(n) ________.A. investment centerB. cost centerC. profit centerD. revenue center
A production line is usually considered a cost center. Cost centers are functions or departments within a business that do not directly generate revenue but are essential to the operation of the business.
Production lines are usually responsible for the physical production of goods and are not directly related to the sale of those goods. Labor, material and overhead costs are tracked on the production line, and the resulting financial information is used to measure the performance of the production line. Production lines are usually evaluated in terms of their efficiency and productivity, rather than their profitability. Costs associated with production lines are usually attributed to the cost center that oversees them and are not considered a direct source of profit for the company.
To know more about cost center click here
https://brainly.com/question/29670136
#SPJ4
What ISO standard provides universal guidance for information security?
The ISO/IEC 27000 series, also known as the 'Information Security Management System' (ISMS) standards, provide universal guidance for information security.
The most commonly used standard in this series is ISO/IEC 27001:2013, which specifies the requirements for establishing, implementing, maintaining, and continually improving an information security management system within the context of the organization.
The international standard for information security is SO/IEC 27001:2013. The requirements for an information security management system are outlined (ISMS). Organizations can manage their information security with the support of ISO 27001's best-practice approach, which takes into account people, processes, and technology.
To know more about ISO here
https://brainly.com/question/13995072
#SPJ4
The ISO/IEC 27000 series, also known as the 'Information Security Management System' (ISMS) standards, provide universal guidance for information security.
The International Body for Standardization is an international standard development organization made up of members from member nations' national standards bodies. Article 3 of the ISO Statutes outlines the qualifications for membership. ISO was established on February 23, 1947, and as of November 20, 2022, it had issued over 24,500 international standards encompassing practically every element of technology and production.
To establish standards, it has 809 technical committees and subcommittees. Except for electrical and electronic engineering, which is handled by the IEC, the organization creates and publishes standards in other technical and nontechnical domains.
To know more about ISO here-
https://brainly.com/question/25404565
#SPJ4
diagrams and schematic representations of some aspect of a system are examples of a ______ model.
Diagrams and schematic representations of some aspect of a system are examples of a graphical model.
Probability theory and graph theory come together in graphical models. They offer a useful tool for addressing uncertainty and complexity, two issues that crop up frequently in applied mathematics and engineering. In particular, they are becoming more and more crucial in the development and evaluation of machine learning algorithms. The concept of modularity is fundamental to the idea of a graphical model; a complex system is created by joining together simpler elements. The system is put together with the help of probability theory, which also offers a means of connecting models to data and guaranteeing that the system as a whole is consistent.
Learn more about graphical model here:
https://brainly.com/question/8064706
#SPJ4
Was unemployment high in the Soviet Union?
The Soviet Union's industrial sector employed the majority of its workforce, making the service sector of little importance. There were 152.3 million people employed.
Was unemployment nonexistent in the Soviet Union?Officially, there has not been unemployment in the Soviet Union since 1930. However, it is becoming increasingly difficult for the Russians to ignore the rising number of unemployed people.
Was there full employment in the USSR?Over the course of more than half a century, the Soviet Union's various leaderships kept their word on the promise of full employment. However, job security existed even before the nation collapsed at the end of 1991; The stark reality of unemployment had emerged.
To learn more about Soviet Union's here:
https://brainly.com/question/10173240
#SPJ4
Which of the following are benefits of data visualization select all that apply?
Easy to understand, Helpful to reuse huge sets of data. Simple decision-making process. The mileage of data visualization can be divided into three main pretensions to explore, to cover, and to explain.
While some visualizations can gauge further than one of these, the utmost focus is on a single thing. The practice can also help businesses identify which factors affect client geste; point areas that need to be bettered or need further attention; make data more memorable for stakeholders; understand when and where to place specific products; and prognosticate deal volumes.
Python Data Visualization helps in understanding and feting Data Patterns, Data Trends, Data Correlations and Data comparisons fluently using colorful visual tools similar as line maps, bar maps, pie maps, and histograms.
To learn more about data visualization, visit here
https://brainly.com/question/14467658
#SPJ4
Anger, fear, joy, and sadness represent:
Anger, fear, joy, and sadness represent various kinds of emotions.
These four emotions are different on their own. None of these are useful when felt over the limit.
One should always try to control any emotions which may lead to incorrect decision-making.
Representation is the usage of symptoms that stand in for and take the place of something else. It is thru illustration that humans arrange the world and facts thru the act of naming its elements.signs are organized for you to form semantic buildings and explicit family members.
For plenty of philosophers, both historic and cutting-edge, the guy is regarded as the "representational animal" or animal symbolism, the creature whose wonderful man or woman is the advent and the manipulation of signs – things that "stand for" or "take the vicinity of" something else.
Illustration has been associated with aesthetics (art) and semiotics (symptoms). Mitchell says "illustration is an exceptionally elastic notion, which extends all of the ways from a stone representing a person to a singular representing the day within the lifestyles of several Dubliners".
To learn more about Representation visit here:
brainly.com/question/27987112
#SPJ4
Unlike most natural disasters, floods and earthquakes are not covered by a standard homeowners policy. why might that cause problems for homeowners?
This can cause problems for homeowners because it means they will be responsible for any damage or losses caused by floods and earthquakes that are not covered by a standard homeowners policy.
What is homeowners policy?Homeowners policy is an insurance policy that provides financial protection against loss or damage to a home, its contents, and liability for personal injury that occurs within the home. Homeowners insurance typically covers losses caused by fire, theft, vandalism, wind, hail, and other disasters listed in the policy.
This can be a financial burden if they do not have the necessary funds to cover the costs of repairs or replacements. Additionally, it can be difficult for homeowners to find affordable flood or earthquake coverage.
To learn more about homeowners policy
https://brainly.com/question/26543359
#SPJ4
Open market purchases raise the _____ thereby raising the _____.A) money multiplier; money supplyB) money multiplier; monetary baseC) monetary base; money supplyD) monetary base; money multiplier
Answer:
a
Explanation:
money mutiplier, money supply
What are the 4 main economic systems in the world?
The four main types of economic models are market economies, command economies, mixed economies, & traditional economies.
Which economic structure has the greatest impact?The most common type of economic system among the world's top economies is the mixed system, which incorporates the traits of the other types of economic systems (Amadeo, 2020).
Which three economic systems dominate today?The three fundamental types of economic structures are free markets, command economies, and mixed economies. Following is a graph that compares market-based and authoritarian political systems; mixed-system countries blend the two. People, businesses, and all other types of entities have the freedom to select their own economic paths.
Which economic systems dominate the world today?The two primary economic systems of today's cultures are capitalism and socialism. In actuality, the economies of most civilizations incorporate elements of both economic systems but lean more toward one of the two poles of the capitalism-socialism spectrum. Socio-democratic countries mix capitalism and socialism.
Learn more about economic systems: https://brainly.com/question/2929332
#SPJ4
What is the advantage and disadvantages of uniform commercial code act?
Uniform Commercial Code Act;
The UCC (Uniform Commercial Code) is a piece of legislation that regulates and legitimises particular business relationships. It combines rules from several laws pertaining to business activities. UCC is a generally enacted state law rather than a federal statute.
Advantages of Uniform Commercial Code Act;
The UCC supports the idea that business law and commercial transactions should be harmonized. Having uniformity across the nation makes it simpler to uphold the law even when several jurisdictions are engaged in a dispute.
Disadvantages of Uniform Commercial Code Act;
Numerous religions frequently believe that UCC is hostile to their morals and beliefs. Authorities should gain minorities' trust before implementing UCC. Otherwise, it will ruin the nation's sense of social peace.
Learn more about Uniform Commercial Code Act here;
https://brainly.com/question/15024077
#SPJ4
What happens when TTL is 1?
A receiving LSR drops a tagged packet with a TTL of 1 and sends an Ip protocol message to the IP packet's originator instead. Through to Line Marketing is referred to as "TTL Marketing."
Line marketing: What is it?Online marketing is a branch of marketing that employs strategies to sell goods and/or services to a target market that makes use of the Inter tubes and also other social media platforms.
What do marketing beneath and above the line mean?Since the promotional techniques utilized are less targeted, above-the-line advertising frequently costs more. promotion that is below the line. This relates to marketing initiatives where the aim or intended target is directly within the control of the company.
To know more about Line marketing visit :
https://brainly.com/question/30024697
#SPJ4
How much can you contribute for an I savings bond from tax refund?
Under Section 80CCF of the Income Tax Act, which specifies that users gain deductions up to Rs 20,000 on the bonds they possess, tax-saving bonds are granted special privileges.
Is that "individual" or "person"?Being a singular, indestructible thing is what the word "individual" means. It could also mean someone or something personal. A team is made up of individuals, and each of them has special skills and weaknesses. Individual is a colloquial term frequently used to describe an individual.
Can we say two people or two persons?People is typically the accurate adjective to use as the plural form of person. Persons is a dated term that should be avoided, with the exception of legal writing, which uses a different, more formal word.
To know more about individuals visit:
https://brainly.com/question/28621554
#SPJ4
bonds of a single issue that mature on different dates are called ____________ bonds.
Periodical bonds are bonds of a single issue that develop on different dates.
They're a popular way to finance large systems, similar as structure construction and public workshop, because they allow the issuer to spread out the prepayment of the loan over time. periodical bonds also enable investors to buy bond issues with staggered maturity dates. This provides an advantage to the investor, because it allows them to diversify their bond effects and manage their threat. periodical bonds are generally designed to develop in five to ten times, with a different part of the issue growing each time. This means that the bond issuer will have to make interest payments to bondholders each time until the entire issue matures. periodical bonds are seductive to investors because they offer protection from affectation and tend to have advanced yields than regular bonds.
To know more about investors visit:
https://brainly.com/question/7465905?referrer=searchResults
#SPJ4
Why is it called Scrum team?
The term scrum is borrowed from rugby, where it is a formation of players. The term scrum was chosen with the aid of the paper's authors due to the fact it implies teamwork.
The software improvement term scrum used to be first used in a 1986 paper titled "The New New Product Development Game" through Hirotaka Takeuchi and Ikujiro Nonaka.
What does scrum crew mean?A Scrum Team is a series of persons working collectively to supply the requested and dedicated product increments. Within the Scrum Framework all work delivered to the purchaser is achieved by devoted Scrum To work efficaciously it is important for a Scrum Team that everyoneScrum Pillars are integral mindshift that you have to make if you're virtually want to efficaciously adapt the Agile framework within the team. follows a common goal
Learn more about Scrum here:
https://brainly.com/question/29614389#SPJ4What is relationship between marketing equilibrium excess demand and supply?
According to the market equilibrium formula, both demand and supply should be on an equal level.
What does economics' definition of demand mean?Demand is an economics principle that captures the consumer's desire to purchase the good or service. The price that customers are prepared to pay for the good or service is used to determine demand.
Why is demand significant in economic theory?Because they jointly determine the prices and availability of the majority of goods and services in a particular market, supply and demand have a significant relationship. A market economy operates under the tenet that supply and demand eventually reach a point of equilibrium.
To know more about Demand visit:
brainly.com/question/29703449
#SPJ4
Which of the following is not included in the prefatory parts of a formal report? A) Cover B) Letter of authorization. C) Introduction D) Table of contents
C) Introduction . the following is not included in the prefatory parts of a formal report An official report that includes the thorough information, analysis, and statistics needed to make business.
choices is referred to as a formal report. Typically, the goal of this report is to address an issue. Inspection Report is one example of a formal report. Report on safety. An official report that includes the thorough information, analysis, and statistics needed to make business choices is referred to as a formal report. Typically, the goal of this report is to address an issue. Formal reports can be, for instance: Report on Inspection. Report on safety. An official report that includes the thorough information, analysis, and statistics needed to make business choices is referred to as a formal report.
learn more about formal report here:
https://brainly.com/question/29806279
#SPJ4
when you borrow money, the money you receive represents a _______ cash flow.
When you borrow money, the money you receive represents a Positive cash flow.
Borrowing money and paying back the principal and interest on sums borrowed for reasons other than the acquisition, construction, or improvement of capital assets are examples of non-capital financing activities' cash flows.
The flow of cash is referred to as "cash flow." In contrast to a negative cash flow, which indicates increased expenditure, a positive cash flow indicates that more money is coming in. The latter isn't necessarily a bad thing because it can show that you're investing in growth.
To know more about cash flow visit :
https://brainly.com/question/28238360
#SPJ4
7-3 MASTERY PROBLEM Peachtree QB Office Preparing financial statements with a net loss by Sage Forms are given in the Working Papers. The following information is obtained from the work sheet of Rolstad Repair Service for the month ended September 30 of the current year. 6 7 INCOME STATEMENT BALANCE SHEET ACCOUNT TITLE DEBIT CREDIT CREDIT 1 2 DEBIT 69 5 800 15 000 19700 78000 80000 6 61 200 9337007 + Cash 2 Petty Cash Accts. Rec.-M. Hollerud Supplies Prepaid Insurance Accts. Pay-Tampa Supply Ron Rolstad, Capital Ron Rolstad, Drawing • Income Summary 10 Sales Advertising Expense 12 Insurance Expense Miscellaneous Expense - Supplies Expense Utilities Expense 60 000 326900 10 11 13 4.5000 1 57.00 8 5.00 140000 164100 373 300 14 19 18 994900 17 Net Loss 326 900 46400 373300 948 500 46 400 9949 00 17 10 3 733 00 99.49 00 1 20 30 Instructions: 1. Prepare an income statement for the month ended September 30 of the current year. 2. Calculate and record the component percentages for total expenses and net loss. Place the percentage for net loss in parentheses to show that it is for a net loss. Round percentage calculations to the nearest 0.1%. 3. Prepare a balance sheet for September 30 of the current year.
A balance sheet is a financial document designed to communicate exactly how much a company or organization is worth—its so-called “book value.”
The assets, liabilities, and shareholders' equity of a corporation are all listed on a balance sheet, which is a financial statement. A company's liquidity, leverage, and general financial health are evaluated using the balance sheet, which offers a snapshot of its financial condition.
The balance sheet for the given question is:Income Statement:Revenue $60,000
Expenses:
Advertising Expense $4,500
Insurance Expense $326,900
Miscellaneous Expense $14,000
Supplies Expense $164,100
Utilities Expense $37,300
Total Expenses $562,800
Net Loss $(502,800)
Balance Sheet:Assets:Cash $69,500
Petty Cash $800
Accounts Receivable-M. Hollerud $15,000
Supplies $19,700
Prepaid Insurance $78,000
Accounts Payable-Tampa Supply $8,000
Total Assets $200,000
Liabilities:
Ron Rolstad, Capital $61,200
Ron Rolstad, Drawing $933,700
Total Liabilities $994,900
Net Loss $(502,800)
To know more about balance sheet, refer:
brainly.com/question/1113933
#SPJ1
What's the first step that router Z does after receiving the Ethernet frame?
Z checks the FCS on the Ethernet frame first thing after starting up. It drops the packet if it isn't good. Following that, it examines the packet's Ethertype.
After accepting the Ethernet frame, what does Router Z do next?A checksum is calculated, and its value is compared to the checksum in the Ethernet frame header. returns the packages to router Y so that it can confirm them a broadcast message over ARP is sent the IP datagram is left after the Ethernet frame has been removed.
What occurs right away upon a frame's receipt by an Ethernet switch?The switching software analyzes each frame's source address as it is received on each port and adds that source address to a table of addresses that the switch keeps on hand.
To know more about Ethernet frame visit:
https://brainly.com/question/22862403
#SPJ4
if a performance standard is found to be stable or consistent over time, it is said to be:
In Performance management the degree to which an evaluation instrument generates steady and consistent outcomes is referred to as its reliability. Test-retest reliability is a measure of dependability achieved by delivering the same test to a group of people twice over a period of time.
Performance management is a deliberate strategy to developing and maintaining enhanced employee performance, resulting in increased company effectiveness. Managers may build a work climate that allows both individuals and firms to thrive by concentrating on employee development and aligning company goals with team and individual ambitions. According to the definition of performance management, a system is developed inside an organization to measure and enhance the performance of its workers. In practice, performance management entails management working continuously to improve their people, set clear targets, and provide constant feedback throughout the year.
To know more about Performance management:
https://brainly.com/question/28617738
#SPJ4
What are the 3 common categories of data analytics?
The three common categories for data analytics are: descriptive analytics, predictive analytics, and prescriptive analytics.
What is descriptive analytics?The analysis of historical data using descriptive analytics helps to better comprehend changes that have taken place in a firm. The process of using a variety of historical data to make comparisons is known as descriptive analytics. Descriptive analytics produces the most often reported financial indicators, such as year-over-year price variations, month-over-month sales growth, user count, or total revenue per subscriber. All of these metrics give an account of what happened in a company over a specific time frame.With the help of descriptive analytics, managers, investors, and other stakeholders can make sense of and benefit from the raw data that is collected. Even if a report showing $1 million in sales may appear good, it is contextless. It is alarming if that number indicates a 20% decrease from one month to the next. If the rise is 40% year over year, it indicates that the sales plan is working. To acquire a clear picture of the company's sales success, nevertheless, a bigger context, including intended growth, is necessary.
To know more about descriptive analytics, visit:
https://brainly.com/question/30069659
#SPJ4
