If the revenues of the Crane Inc. for the month of June were $342,000, and its expenses for the month were $157,000, its total net income for the month will be $185,000.
What is the significance of net income?The net income of a company can be referred to or considered as the total profits made by the company during a given financial period after deduction of all the expenses incurred during the same period. It can be calculated as the difference between revenues and expenses.
In the condition given above, the net income will be calculated as,
Net Income = Revenues – Expenses
Net Income = $342,000 – $157,000
Net Income = $185,000
Therefore, the net income for Crane Inc. for the month of June upon incurring the given revenues and expenses has been aforementioned.
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which are the two additional coverages provided under the businessowners policy special form which are not provided under the standard form?
The two additional coverages offered by the businessowners policy special form—water damage and collapse—are not offered by the regular form.
Business Owner's Policy (BOP) Insurance: What Is It?
A Business Owner's Policy (BOP) is a type of business insurance that includes property and liability coverage. BOP insurance assists in protecting your company from claims brought forth by things like fire, theft, or other covered events.
The company owners policy premium is paid in what way?
The premium for your business owner's insurance can normally be paid in monthly or yearly installments. Although choosing a lower monthly payment may be alluring, think about paying the full cost. Since many insurers give discounts for yearly rates, businesses may typically save money this way.
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the secret of a successful team is not to assemble the largest team possible, but rather to assemble a team that can
Additionally, teams require the ideal task and process design, the proper mix and quantity of members, and rules that discourage negative conduct and foster positive dynamics.
J. Richard Hackman, a pioneer in the field of organizational behavior who started researching teams in the 1970s, identified the fundamentals of effective teamwork. After more than 40 years of study, he made a ground-breaking discovery: team members' personalities, attitudes, and behavioral styles don't really matter when it comes to teamwork. Instead, specific "enabling conditions" are what teams require to succeed. For teams to succeed, having a clear direction, a solid structure, and a supportive environment are still essential.
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What feature of demand curves is explained by the law of diminishing marginal utility.
Law of diminishing marginal utility explains about the slopes of demand curves.
As the amount of an item with a consumer increases, the marginal value of the goods to him expressed in terms of money declines, and the marginal advantage of utilising each more unit of that product within a given period also declines.
The Idea of declining prices is intimately related to the law of diminishing marginal utility. As a product’s usage rises, its utility declines. As it may turn completely unfavourable to consume another unit of any product, the marginal utility may go below zero and turn into negative utility. Because of this, the initial unit of consumption of any goods is usually the most valuable, and subsequent units of consumption carry decreasing amounts of value.
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What are the primary reasons people choose to invest and trade stocks?
(Select all that apply.)
to earn a dividend to earn a dividend , ,
to earn capital gains to earn capital gains , ,
to earn predictable quarterly interest to earn predictable quarterly interest , ,
to earn money that is liquid
Answer:
to earn a dividend
to earn capital gains
Explanation:
Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.
Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.
Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.
Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.
when supplies are purchased on credit it means that: (check all that apply.) multiple select question. the business will pay for the supplies at a later time. the business will be paying for the supplies right away. the accounts payable account will be increased. a liability has been incurred.
The purchase of suppliers by a business on credit means that:
the business will pay for the supplies at a later time. the accounts payable account will be increased. a liability has been incurred.What happens when supplies are on credit?When a company buys supplies on credit then it means that they are yet to pay for these supplies and will pay for them at a later date.
This means that the company has incurred liabilities because they owe for the supplies. The result of this would be an increase in the liability account of accounts payable.
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mary is a marketing manager for a nationwide vegan restaurant chain. she wants to reach potential customers across two media channels focusing on specific audience behaviors
The two media channels focusing on specific audience behaviors are Video and Display.
What are customers?A customer is refer to an individual who purchases goods and services from a retailer or wholesaler. The customer may or may not be the consumer as the consumer is the one who utilized the final product.
When reaching potential customers to come to a vegan restaurant chain the marketing manager should utilize the display and video which helps her to showcase the food varieties, hygiene as well as services they offered.
In this case, email and radio is not better option as places like restaurants and clothing store promote more with visual advertisement.
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Mary is a marketing manager for a nationwide vegan restaurant chain. She wants to reach potential customers across two media channels focusing on specific audience behaviors. Which two channels could she choose to reach her desired objective? (Choose two.)
Radio
Search
Video
Display
An increase in the prices of inputs will cause the equilibrium price to ______________ and the equilibrium quantity to ______________.
Answer: 1. increase 2. decrease Hope this helps!
A person who holds him- or herself out as a specialist or knowledgeable in a certain type of business is one type of
O negotiator
O offeree
O merchant
buyer
Answer:
Merchant
Explanation:
in 2022, jack, age 12, has interest income of $8,580 on funds he inherited from his aunt and no earned income. he has no investment expenses. christian and danielle (his parents) have taxable income of $82,250 and file a joint return. assume that no parental election is made.
From the information provided, Jack's net unearned income is $ $6,380 See the explanation below.
What is the calculation justifying the above?Interest Income Earned = 8,580
Less; Standard Deduction = 1,100
Gross unearned Income = 7,480
Less: Statutory Deduction = 1,100
Net Unearned Income = $6,380
What is unearned Income?This is defined as all cash inflow that fall under the following category:
taxable interestordinary dividends, and capital gain payouts.Unemployment paymentstaxable social security benefitspensionsannuitiesdebt cancellation, and distributions of unearned income from a trust are all included.Learn more about unearned income:
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Full Question:
In 2022, jack, age 12, has interest income of $8,580 on funds he inherited from his aunt and no earned income. he has no investment expenses. Christian and Danielle (his parents) have taxable income of $82,250 and file a joint return. assume that no parental election is made
Please answer:
Jack's net unearned income is $________
In health insurance, what is the amount of money that must be paid by the patient each year before the insurance agency begins to make payments?.
In health insurance the amount of money that must be paid by the patient each year before the insurance agency begins to make payments is a deductible
The amount you pay before your insurance plan begins to pay for covered health care services.
Following your deductible, you usually only have to pay a copayment or coinsurance for covered services. The remainder is covered by your insurance company.
Many plans cover certain services, such as checkups or disease management programs, even if you haven't met your deductible. Examine the specifics of your plan.
Even before you reach your deductible, all Marketplace health plans cover the entire cost of certain preventive services.
Certain services, such as prescription drugs, may have separate deductibles in some plans.
Family plans frequently include both a personal deductible that applies to each individual and a family deductible that applies to every family members.
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if an aspen ski lodge doubles its room rates, what is likely to happen to the demand for lift tickets sold by the lodge?
If an aspen ski lodge doubles its room rates, Demand for lift tickets, a complement good, will fall is likely to happen to the demand for lift tickets sold by the lodge.
What is Aspen?
Locals in Colorado claim that if you visit Aspen in the winter, you'll probably decide to stay for the summer in the Colorado mountains. This little mountain town is well-known for the four Aspen ski resorts that surround it (Aspen Mountain, Aspen Highlands, Snowmass, and Buttermilk), and after the snow melts and the vegetation returns, there will be even more adventure to be had. Without the oppressive humidity of the south or the east coast, the warm, sunny days and cold, refreshing evenings in the Roaring Fork Valley offer the ideal summertime circumstances for repeatedly exploring every square inch of this renowned town. Aspen, Colorado is tucked away high in the Rocky Mountains at 8,000 feet, thus snow is present there for almost half the year. And not just any snow; the kind of powdery, fine snow that falls in Aspen is ideal for skiing. Although the Aspen ski season can change from year to year, you can typically bet on it lasting from November through mid-April, and perhaps even into May.
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from accessibility improvement to land development: a comparative study on the impacts of madrid-seville high-speed rail.
The five cities connected by the Madrid-Seville High-Speed Rail (HSR)—Madrid, Ciudad Real, Puertollano, Cordoba, and Seville.
Madrid–Seville high-speed rail line.
The 472 kilometres (293 miles) long Madrid-Seville high-speed line, also known as NAFA or Nuevo Acceso Ferroviario a Andaluca, is a Spanish railway line used for high-speed travel between Madrid and Seville. Since April 21, 1992, the first high-speed rail link in Spain has been operational, reaching speeds of up to 300 km/h (186 mph). Over half less time was required to go between the two end points.
The high-speed rail line from Madrid to Malaga departs at Cordoba. Only the Alvia service is extended from Seville to Cádiz.
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beau buys a skateboard with a price tag of 85.5. the tax rate is 8%. how much does he pay, including tax
beau pays $92.64 as tax for the skateboard, including the amount of tax.
What is the tax rate?The proportion that a person or business is charged is known as a tax rate. It can differ on the commodity that is being purchased. It is often applied when a person is purchasing something or on his or her income.
The price of the skateboard = is $85.5
The rate of tax = 8%
The amount of tax = 85.5 x 8% = 6.84
The price including the tax = 85.5 + 6.84
Therefore the price paid will be $92.64
Beau has to pay a sum total of $92.64 to purchase the skateboard as the final price.
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what type of resource (capital, natural, or human) would you need if you want to a. buy a new electric generator b. cut down a tree c. pay for an army d. build a dam
The type of resource (capital, natural, or human) an individual needs if you want to-
a. buy a new electric generator-Capital
b. cut down a tree -Human
c. pay for an army -Capital
d. build a dam- Human
What is human resource?A human resource is considered a crucial resource in an organization and comprises skills and abilities and their management involves managing the manpower in any organization.
The capital resource is referred to as a resource from which funds will be raised or the resources which show the flow of funds for the organization along with machinery and raw materials.
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Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung-balance method at 150 percent of the straight-1,1e tate. Waller expects to use the equipment for 10 years. At the end of which it will have an estimated salvage valueef 54.000. Prepare a comparison of these IWO alternatives for the fast two yews Waller will oun the equipment
Answer:
Waller Company
Comparison of Straight-line Depreciation and Declining Balance Methods
Straight-line method Declining balance method
Cost of equipment $24,000 $24,000
1st year depreciation exp. 1,860 2,760
Net book value 22,140 21,240
2nd year depreciation exp. 1,860 2,371.50
Ner book value 20,280 18,868.50
Explanation:
a) Data and Calculations:
Cost of purchased equipment = $24,000
Duration of useful life = 10 years
Estimated salvage value = $5,400
Depreciable amount under the straight-line method = $18,600
Depreciation expense per year under the straight-line method = $1,860 ($18,600/10)
Under the declining balance method:
The depreciation rate = 10% * 150% = 15% per year
Depreciation expense for the first two years:
Year 1, 15% of $18,600 = $2,760
Year 2, 15% of ($18,600 - 2,760) = $2,371.50
When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
The statement is false, when the Amazon says that ""we want to be earth’s most customer-centric company". the subsequent statement isn't stating code of ethics.
A code of ethics sets out an organization's ethical guidelines and best practices to follow for honesty, integrity, and professionalism. For members of a corporation, violating the code of ethics may result in sanctions including termination. In some industries, including banking and finance, specific laws govern business conduct. In others, a code of ethics is also voluntarily adopted. The main forms of codes of ethics include a compliance-based code of ethics, a value-based code of ethics, and a code of ethics among professionals. A focus on global climate change has become an integral a part of companies' codes of ethics, detailing their commitment to sustainability. Therefore the subsequent statement is false.
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.assume that corn is an input in the production of beef but not in the production of pork. further, beef and pork are substitutes. a decrease in the price of corn will: a. increase the supply of beef and increase the demand for pork b. decrease the supply of beef and increase the demand for pork c. decrease the supply of beef and decrease the demand for pork d. increase the supply of beef and decrease the demand for pork
So the option D (increase the supply of beef and decrease the demand for pork) is the correct answer.
Production of Beef and Pork
In 2021, the United States generated 28.06 billion pounds of beef and 27.7 billions pounds of pork, respectively. It was the highest amount of beef and second highest amount of pork ever produced in the USA. Only three times has the USA produced more pork than beef: in 2016, 2019, and 2020.
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As you grow older, which of these might make you change your personal finance decisions more?
A. your family priorities
b. your education
c. your social lifestyle
d.your entertainment
im thinking A or B
Indeed, it is A and B cause u also need your family priorities and also need a great education for your finance decision .
Your family priorities and your education an greatly affect your decisions about money as you get older. Option A and B
Factors that affect decision makingAs you get older, what's important to you may shift when it comes to your family. For instance, beginning a family, having kids, or helping elderly parents can bring about new money duties. These changes may mean you need to change how you spend, save, and invest your money to match what your family wants and needs.
Furthering your education or working towards higher degrees can greatly impact the choices you make about your money. Education can be expensive because you need to pay for things like school fees, books, and living costs. Making choices about student loans, scholarships, or where to get money for school can have an impact on your money situation. It's important to plan carefully for this.
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external auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
True. External auditors examine financial statements to verify that they are prepared according to generally accepted accounting principles.
External auditors examine clients' accounting records and render an opinion on whether financial reports are conveyed relatively in compliance with the entity's applicable accounting standards. They must establish whether accounting records are free from material misstatements caused by error or fraud.
The audited financial statements are then reviewed by several external users, such as creditors, investors, and government agencies. External auditors frequently provide tax and consultancy services as well as auditing. Individuals, government agencies, small businesses, corporations, and non-profit organizations qualify. External auditors can work for public accounting companies or work for themselves.
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If the police want to enter a home to find evidence, what must they request?
A. An affidavit of probable cause
O B. A search warrant
O
C. A witness' testimony
о D. A motion for arraignment
SUBM
Answer:
B. A search warrant
Explanation:
hope it helps
Some large publishers have stopped publishing children’s books because they are expensive to produce and distribute. This is an example of an offensive strategy. True or false?.
Answer:
False
Explanation:
it cost roughly around 5k to produce 100k+ books and they make roughly 65k
there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n) in the equilibrium price of x and a(n) in the equilibrium quantity of x.
There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.
What is the impact of technological improvement?Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.
A technological improvement in the production of a good would make it easier to produce a good. Thus, the supply curve would move forward.
Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product. Equilibrium price would decrease.
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most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. how can a firm’s ethical conduct increase its long-term profitability?
Most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. a firm's ethical conduct can increase its long-term profitability as Ethical corporate behavior reduces unnecessary legal expenses and the need to pay fines. Option A
This is further explained below.
What is co-operate ethics?Generally, Demonstrate care for treating others fairly and equally, communicate a desire to assist others, strive toward the resolution of problems and the identification of solutions from which all parties may benefit, and follow the line of command when resolving conflicts.
In conclusion, The vast majority of CEOs are under the impression that acting ethically, both personally and on behalf of their companies, is both in their control and in their best interests.
Ethical corporate behavior may prevent needless legal fees and the need to pay penalties, which can lead to an improvement in a company's long-term profitability.
Ethical business conduct can also help a company avoid reputational damage.
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complete question
Most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. How can a firm's ethical conduct increase its long-term profitability?
a. Ethical corporate behavior reduces unnecessary legal
expenses and the need to pay fines.
b. Ethical corporate behavior is always more costly, because it
Matilda just started her first job. She has some difficulty saving money, but she knows she must do it. Which of the following is the best option to start saving for retirement now? She can choose a low-interest account. She can contribute to her employer's matching benefit. She can enroll in a 529 plan. She can sign up for a pre-paid plan.
An example of a poor study environment is a place with
Answer:
A place with a lot of noise, poorly lit, and distractions
Answer:
D
Explanation:
do any of yall like Pokémon
Answer:
yes
Explanation:
Answer:
Yes
Explanation:
I DO I FINISHED INDIGO LEAGUE AND NOW IM ON SUN MOON
on december 1, jasmin ernst organized ernst consulting. on december 3, the owner contributed $83,110 in assets to launch the business. on december 31, the company’s records show the following items and amounts.
The following is a presentation of how the stockholder equity was prepared:
Equity statement of stockholders
Capital, December 1, J. Ernst $ 0
Addition: Owner investment of $83,100
Added: $2,960 in net income
Less: Owner withdrawals ($1,120)
Capital, J.Ernst, December 31 $84,940
Note for work:
Following is a presentation of the income statement's creation:
Revenue Statement
earning from consulting $12,940
Less:
Cost of living: $2,640
Cost of salaries is $5,920.
Cost of calling: $800
Charges not listed $620
Total outlays came to $9,980.
$2,960 in profit
Consequently, we can say that
$84,940 is the stockholder equity's final amount.
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alicia and christine are doctors at a hospital and can each perform two tasks: open-heart surgery and liver transplants. alicia is more efficient than christine at both of these two tasks, but alicia has a lower opportunity cost in performing liver transplants. identify the actions that lead to the hospital seeing more patients.
The actions that would lead to the hospital seeing more patients would be based on the opportunity cost and the comparative advantage of the doctors.
How to get the actions that would give more patientsWe have been told that most of the time that Alicia has would be on liver transplants. She has a lower opportunity cost in doing this hence it would be better because she would see more that when she has to do heart surgery.
Christine has the comparative advantage in the performance of heart surgery so it would be better that she focuses on this because she would see more patients.
Hence Alicia has the lower comparative advantage in liver transplants and Christine has hers in heart surgery.
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Answer:
Correct:
Alicia spend most of her time doing liver transplants.
Christine spend most of her time in heart surgery.
Explanation:
Trust
is an arrangement under which an investment banker agrees to purchase all shares of a public offering at an agreed-upon price. a. a mutual fund b. alternative trading c. a convertible security d. underwriting
Investment bankers advise businesses and, in certain situations, governments on financial matters.
What is Investment Banker?
They assist their clients in fund raising. That could entail issuing stock, putting a bond on the market, negotiating the purchase of a competing business, or setting up the sale of the firm as a whole. Famously, investment bankers play a major part in the initial public offers (IPOs) of emerging companies getting ready to go public.
What is A Private Placement?
A private placement is when stock or bonds are sold to institutions and investors who have been hand-picked rather than on the open market. It is a substitute for an initial public offering (IPO) for a business looking to raise money for growth.
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there are dozens of laptop manufacturers around the world. according to the idea of efficient production, there should only be one laptop manufacturer, making laptops at the lowest marginal cost. a competitive market will drive most manufacturers out of business, leaving just a few firms to produce at the lowest possible cost. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms. government regulation will ensure that every firm produces at the lowest marginal cost.
According to the idea of efficient production, option a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.
What do you mean by the term production?Production is known to be a term that connote the act or the process of creating or making of goods, products or services from raw materials or other forms/components.
Note that In production is one that tends to make use of inputs and as well as uses them to make an output that is known to be fit for consumption and it is one that gives value to the end-user or customer.
Therefore, According to the idea of efficient production, option a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.
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There are dozens of laptop manufacturers around the world.
According to the idea of efficient production,
a. each firm independently decides how many laptops to produce, and the marginal cost of the last unit produced will be the same for all firms.
b. a competitive market will drive most manufacturers out of business, leaving just a few firms to produce at the lowest possible cost.
c. government regulation will ensure that every firm produces at the lowest marginal cost.
d. there should only be one laptop manufacturer, making laptops at the lowest marginal cost.