What is an example of a 'Sunk cost" ? *

A the price of food when cooking a meal

B. the price of a video game when buying a birthday present

C. the price of last month's car repairs when getting your car fixed

D the price of college when getting a job​

Answers

Answer 1

Answer:

C. the price of last month's car repairs when getting your car fixed.

Explanation:

The correct option is - C. the price of last month's car repairs when getting your car fixed.

Reason -

A sunk cost is a past cost that you can’t recover.


Related Questions

A SMART goal must clarify expectations.

Answers

A SMART goal must clarify expectations: A. True.

What is a SMART goal?

In Business management, a SMART goal can be defined as a well-established tool that can be used by an individual, a project manager or business organization (company or firm) to plan, create, track, and achieve (accomplish) both short-term and long-term goals.

Generally speaking, SMART is a mnemonic acronym and it comprises the following elements:

SpecificMeasurableAchievable or Attainable.Relevancy (realistic).Time bound (timely).

In this context, we can reasonably infer and logically deduce that a project manager who adopts a SMART goal must use in clarifying all of the expectations with respect to the execution or implementation of a project or task.

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Complete Question:

A SMART goal must clarify expectations.

A. True

B. False

Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Postsecondary Education Administrators? Check all that apply.

speaking
active listening
reading comprehension
science
critical thinking
quality control analysis

Answers

According to O*NET, the common skills needed by Post-secondary Education Administrators are: Speaking, Active listening, Reading comprehension, and Critical thinking.

Administrators in postsecondary education help students with a range of activities, including class registration and admissions application completion.

Administrators in postsecondary education are in charge of faculty research, academics, and student services in colleges and universities.

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In the context of marketing management philosophies, a sales orientation aims at

Answers

Answer:

In the context of marketing management philosophies, a sales orientation aims at: Pushing manufacturers' products more aggressively to achieve high profits. A production orientation philosophy focuses on: Assessing the resources of a firm.

Question 6 of 10
A distribution manager at a company that has customers in all 50 states
considers that storing goods in every state will make them quickly available
to all customers. What other major factor should affect the decision on the
number of warehouses?
A. Operating 50 or more warehouses will be expensive.
B. Some transportation modes serve limited locations.
C. Operating 50 or more warehouses will increase safety risks.
D. The number of warehouses will affect the length of the
distribution channel.

Answers

Answer:

a.) was right for me

Explanation:

The other major factor should affect the decision on the number of warehouses that Operating 50 or more warehouses will be expensive.

Option A is an appropriate response.

What is a warehouse?

While a warehouse is technically any building that stores physical products for any reason, a distribution center is a type of warehouse that is specifically designed for fulfilling orders for the purpose of distribution to other businesses or consumers.

A warehouse is a structure used to store goods. Manufacturers, importers, exporters, wholesalers, transportation companies, customs, and others use warehouses. They are typically large plain buildings located on the outskirts of cities, towns, or villages.

Some of the Factors to considers on deciding the number of warehouses are-

Customer baseSupplier network Foreign Trade Zones (FTZs)Proximity to transportationBuilding Availability and ExpandabilityLease Rates

Hence, Option A is an appropriate response.

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Suppose a less developed country is having difficulty making payments on its foreign debts. What option does this nation have?
Targ
It can ask its lenders for more loans in exchange for accepting a foreign portfolio investment from the World Bank.
It can ask its lenders to forego the payments until the economy of the debtor nation is stronger.
It can ask its lenders to forgive the loans in exchange for accepting temporary control by the lender nation.
It can ask its lenders for debt rescheduling in exchange for accepting a stabilization program from the IMF.

Answers

It can ask its lenders for more loan in exchange for excepting a foreign portfolio investment from the world bank

Answer:

it can ask its lenders for dept resceduling in exchange for accepting a stabilization program from the IMF

Explanation:

gradpoint

How do barriers to entry affect firms in a monopoly market structure?
a.) They limit the price that established firms can set.
b.) They promote competition among firms.
c.) They inhibit economies of scale from developing.
d.) They protect the profits of the established firm.

Answers

A) the limit the price that established firms can set.

2. Discuss innovation as an entrepreneurial trait and the role of innovation in Wow Momo's
success.​

Answers

If you’re looking to disrupt the world with innovative ideas, products, or services, this course is for you.

Your study will prepare you for the future as an entrepreneur or global business leader with a technology focus that can exploit new trends and emerging markets. You’ll be equipped with a deep

In this unit, you learned about using the internet for business purposes. What forms of business communication rely on the internet? How do these forms differ from each other? What are some of the risks associated with internet-based communication? Which form do you think businesses find most useful for reaching the public? Why?

Answers

Answer:The forms of business purpose is Email, instant messaging, websites, blogs, text messaging, voicemail and video messaging.Each form have there way of doing things like emailis a message.and video message is a massage but you can see who you are talking to.The Form that I think is useful is Email because everyone use it.

ty

By saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.

What do you mean by the business Communication?

Information sharing in the workplace and with external parties is referred to as business communication.

Digital media are used in internet marketing to spread awareness of your company and encourage customers to buy your goods and services.

According to the guidelines, despite the huge and constantly expanding range of issues categorized as online safety, they may be divided into four categories of risk: content, interaction, conduct, and commerce.

A useful electronic communication tool for marketing is the blog. Electronic communication that is effective has a distinct message.

Therefore, by saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.

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a company has a total assets of br 180000 if it is capital is less than its liability by 75%.​

Answers

Answer:

w

Explanation:w

Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

Answers

Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.

- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.

How to determine the whether anyone has an absolute advantage at either task and, for each task

To determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.

Let's analyze the tasks:

1. Clutch Replacement:

- Isabella takes 6 hours.

- Antonio takes 8 hours.

Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.

2. Brake Replacement:

- Isabella takes 4 hours.

- Antonio takes 6 hours.

Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.

Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.

Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.

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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.

Answers

Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.

A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.

Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.

In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.

Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.

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Recommended methods to protect yourself from identity
theft and fraud include____

Answers

A. Placing a credit freeze with the credit bureaus is the correct answer.

Answer:

A. Placing a credit freeze with the credit bureaus is the correct answer.

Explanation:

mark please

Waddell Company had the following balances in its accounting records as of December 31, 2018
Assets Liabilities and Equity
Cash $55,000 Accounts Payable $23,000
Accounts Receivable 44,000 Common Stock 91,000
Land 32,000 Retained Earnings 17,000
Totals $131,000 $131,000
The following accounting events apply to Waddell Company’s 2019 fiscal year:
Jan. 1 Acquired $48,000 cash from the issue of common stock.
Feb. 1 Paid $5,700 cash in advance for a one-year lease for office space.
Mar. 1 Paid a $2,400 cash dividend to the stockholders.
April 1 Purchased additional land that cost $32,000 cash.
May 1 Made a cash payment on accounts payable of $20,000.
July 1 Received $7,400 cash in advance as a retainer for services to be performed monthly over the coming year.
Sept. 1 Sold land for $22,000 cash that had originally cost $22,000.
Oct. 1 Purchased $970 of supplies on account.
Dec. 31 Earned $68,000 of service revenue on account during the year.
31 Received cash collections from accounts receivable amounting to $54,000.
31 Incurred other operating expenses on account during the year that amounted to $13,000.
31 Recognized accrued salaries expense of $5,100.
31 Had $170 of supplies on hand at the end of the period.
31 The land purchased on April 1 had a market value of $32,000.
31 Recognized $116 of accrued interest revenue.
Required:
Based on the preceding information, answer the following questions for Waddell Company. All questions pertain to the Year 2 financial statements.
1. What two additional adjusting entries need to be made at the end of the year?
2. What amount would Waddell report for land on the balance sheet?
3. What amount of net cash flow from operating activities would be reported on the statement of cash flows?
4. What amount of rent expense would be reported on the income statement?
5. What amount of total liabilities would be reported on the balance sheet?
6. What amount of supplies expense would be reported on the income statement?
7. What amount of unearned revenue would be reported on the balance sheet?
8. What amount of net cash flow from investing activities would be reported on the statement of cash flows?
9. What amount of total expenses would be reported on the income statement?
10. What total amount of service revenue would be reported on the income statement?
11. What amount of cash flows from financing activities would be reported on the statement of cash flows?
12. What amount of net income would be reported on the income statement?
13. What amount of retained earnings would be reported on the balance sheet?
What two additional adjusting entries need to be made at the end of the year? (Select which of the following statements (is) are true by selecting an "X".)
a. Feb. 1, prepaid rent
b. June 1, cash dividends to stockholders
c. Aug. 1, cash payment; accounts payable
d. July 1, unearned revenue; cash was received in advance
e. Oct. 1, purchases on account
f. Dec. 31, accrued salaries expense
Refer the income statement, cash flow Statement, balance sheet and answer question A to L.
a. Land
b. Net cash flow from operating activities
c. Rent expense
d. Total liabilities
e. Supplies expense
f. Unearned revenue
g. Net cash flow from investing activities
h. Total expenses
i. Service revenue
j. Cash flows from financing activities
k. Net income
l. Retained earnings

Answers

1. The  two additional adjusting entries   are:

•Rent Expenses $5,225

•Revenue $3,700

2.  Balance sheet reported  is $42,000

3.  Netnet cash flow from operating activities  is $37,500

4. Rent expenset is $5,225$5,225

5.  Totaltotal liabilities is $23,770

6.  Supplies expense   $800

7.    Unearnedunearned revenue  is $3,700

8.    Netnet cash flow  is ($10,000)

9.   Totaltotal expenses is $24,125

10.   Total  service revenue is $71,700

 11.   Cash cash  Cash flows from financing activities  is $45,600

12.   Netnet income  is $26,216

13.   Retainedretained earnings  is $43,216

1. Additional adjusting entries that must be made are:

•Part of the Prepaid rent of the amount of $5,225 will be  allocated to the rent expense

Rent Expenses $5,225

($5,700 x 11/12 = $5,225)

•Part  of the revenue received in advance of the amount of  wi$3,700ll  be recognized as revenue

Revenue

($7,400 x 6/12 = $3,700)



2. Beginning balance $32,000

Add Cost of Land purchased $32,000

Less Cost of Land sold ($22,000)

Ending balance $42,000

3.Cash received from customers

Received cash in advance as a retainer for services to be performed monthly over the coming year $7,400

Received cash collections from accounts receivable $54,000

Cash Paid to Suppliers:

Paid cash in advance for a one-year lease for office space $(5,700)

Made a cash payment on accounts payable $(20,000)

Cash flow from operating activities $35,700

4.Rent for 12 months $5,700

Less Rent per months $475

($5,700/12)

Rent expense $5,225

5. Accounts Payable:

Beginning balance $23,000

Cash payment on accounts payable $(20,000)

Purchased supplies on account $970

Incurred other operating expenses on account $13,000

Balance of Accounts Payable $16,970

Unearned Income $3,700

Accrued salaries expense $5,100

Total Liabilities $23,770

($16,970+$3,700+$5,100)

6.Supplies purchased $970

Less Supplies on hand ($170)

Supplies expense $800

7.Revenue received ion July 1 for 12 months contract $7,400

50% earned in the year $(3,700)

Unearned revenue of the balance sheet $3,700

8. Cash used to purchase land $(32,000)

Proceeds from the sale of land $22,000

Cash used by investing activities $(10,000)

9. Lease for office space $5,225

Supplies $800

Other operating expenses $13,000

Salaries expense $5,100

Total expenses $24,125

10. Revenue earned from retainer received in advance $3,700

Service revenue on account $68,000

Total Service Revenue $71,700

11. Issue of common stock $48,000

Cash dividend to the stockholders $(2,400)

Cash provided by financing activities $45,600

12.Total Service Revenue $71,700

($3,700+$68,000)

Interest Revenue $116

Total expenses $(45,600)

Net income $26,216

13. Retained Earnings on the balance sheet is:

Beginning balance $17,000

Net income for the year $26,216

Ending balance $43,216



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What are the top 5 mortgage brokers in Sydney?

Answers

Here are some top mortgage brokers in Sydney: Aussie Home Loans, Mortgage Choice, Smartline Personal Mortgage Advisers, Loan Market, and Mortgage House.

1. Aussie Home Loans: With over 25 years of experience in the industry, Aussie Home Loans has established itself as one of the most trusted and reliable mortgage brokers in Sydney. They have a team of expert brokers who can help you find the right home loan that suits your needs.2. Mortgage Choice: Mortgage Choice is another popular mortgage broker in Sydney that can help you find the right home loan to suit your budget and requirements. They have access to a wide range of lenders, which means they can help you find the best deal available.3. Smartline Personal Mortgage Advisers: Smartline is a leading mortgage broker in Sydney that provides personalized advice and support to help you find the right home loan. They have a team of experienced brokers who can guide you through the home loan process from start to finish.4. Loan Market: Loan Market is another popular mortgage broker in Sydney that provides a range of home loan options to suit your needs. They have a team of brokers who can help you find the best deal available from a range of lenders.5. Mortgage House: Mortgage House is a Sydney-based mortgage broker that can help you find the right home loan to suit your budget and requirements. They offer a range of home loan options, including fixed and variable rate loans, low deposit loans, and more.In summary, these are some of the best mortgage brokers in Sydney that you can consider for your mortgage needs. When choosing a mortgage broker, it's important to consider their experience, reputation, and range of services offered to ensure that you get the best deal possible.

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PLEASE HELP

Assuming all other factors are the same, which statement about the cost of
loans is correct?
A. A loan with simple interest will cost more than a loan with
compound interest.
B. A loan with simple interest and a loan with compound interest will
cost the same.
C. Interest compounded daily will cost more than interest
compounded monthly.
D. Interest compounded annually will cost more than interest
compounded quarterly.
SUBMIT

PLEASE HELP Assuming all other factors are the same, which statement about the cost ofloans is correct?A.

Answers

Answer:

=> C. Interest compounded daily will cost more than interest compounded monthly.

The proper answer is Daily interest compounding is more expensive than monthly interest compounding. So, the best choice is (C).

What is interest?

In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount (the amount borrowed).

It is not the same as a fee that the borrower might pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a share of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.

Hence, option (C) is accurate.

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Bailey owns a game named Max. Max went viral last year when she posted a meme of him known as “Max the Boss Dog”. bailey thought it would be a great idea to license the meme. Now every time the meme is shared, she receives $0.16 in coins . If the Max meme was shared 88 times last week, how much money did bailey earn in coins?

Answers

0.16$ x 88 = 14.08$ was made by her in that week

According to the Damodaran text and any other sources, what are the three most important aspects of valuing a private firm, such as a sports team, and what are some of the difficulties in and ways of obtaining financial information? Provide a reference for at least your first posting.

Answers

The three most important indices for valuing a firm are:

Value of AssetsFinancial MetricsCorporate Governance.

What is Valuation in Finance?

The process of determining the present worth of an asset in finance is known as valuation. It is frequently the hypothetical price that a third party would pay for a specific item in a commercial environment. Assets and liabilities can both be valued.

The six steps to valuation are as follows:

Determine the goal.Examine the procedure.Methods of valuationUpscaling, integration, and bridgingCommunicate.Examine the procedure.

For determining the economic worth of a firm, three types of valuation methodologies are typically used: market, cost, and income; each method has pros and disadvantages.

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Denny works for Engineers, P.A. While working on an Engineers project, Denny is injured. Under state workers' compensation laws, he will be compensated only if the injury was:________.
a. incidental
b. material
c. accidental
d. intentional

Answers

Answer:

c. Accidental

Explanation:

Since in the given situation it is mentioned that denny worked for enginners and at the time of working on an engineer project denny is injured so as per the state worker compensation loan he would be compensated only when the injury is to be considered as an accidental as the compensation is only to be provided when there is an accidental injuries

Therefore the option c is correct

• Read one of the following recommended books: Richest Man in Babylon by George S. Clason (HIGHLY RECOMMENDED) Financial Literacy for Teens by Chad Foster The Four Laws of Debt Free Prosperity by Blaine Harris & Charles Coonrandt Rich Dad, Poor Dad by Robert Kiyosaki The Millionaire Next Door by Thomas J. Stanley, Ph.D. Share what you learned with two other people in your social or family circle and summarize your conversation in your write up. Create or choose a graphic organizer to organize a visual representation of what you learned from your book. .Write a 500 word response on how you will apply what you learned from this class and the book you read. Your organizer and response will be graded using the following rubric: Requirement Possible Organizer: Graphic organizer is concise and well arranged with graphic elements representing parts of the book. Contains at least five topics covered in the book The organizer is specific to the main point covered in the book 50 Response: Describes how you plan to apply what you have learned to your financial circumstances. Contains a reflection of the conversation held with social/family circle. 50​

 Read one of the following recommended books: Richest Man in Babylon by George S. Clason (HIGHLY RECOMMENDED)

Answers

Answer:

ok

Explanation:

I know it's late but do you still need the answer

Answer:

Did you ever get it done?

Explanation:

I need the exact same assignment rn.

Why the companies need to extend their product life cycle?

Answers

Answer:

because of the product and the correct one is the one of the product is not working properly

The following information is budgeted for McCracken Plumbing Supply Corporation for next quarter:

April May June
Sales $110,000 $130,000 $180,000
Merchandise purchases $85,000 $92,000 $105,000
Selling and administrative expenses $50,000 $50,000 $50,000
All sales at McCracken are on credit. Forty percent are collected in the month of sale, 58% in the month following the sale, and the remaining 2% are uncollectible. Merchandise purchases are paid in full the month following the month of purchase. The selling and administrative expenses above include $8,000 of depreciation on display fixtures and warehouse equipment. All other selling and administrative expenses are paid as incurred. McCracken wants to maintain a cash balance of $15,000. Any amount below this can be borrowed from a local bank as needed in increments of $1,000. All borrowings are made at month end.

Required:

Prepare McCracken's cash budget for May. McCracken expects to have $24,000 of cash on hand at the beginning of May.

Answers

Answer:

McCracken's Cash Budget for May:

Beginning Cash balance                                      

Cash Sales: 40% month of sale = $52,000

   58% following month of sale = $63,800         $115,800

Cash Purchases: month following purchase =   ($85,000)

Selling & Administrative Expenses                 =   ($42,000)

Bank Notes                                                       =   $27,000

Cash Balance                                                   =    $15,800

Explanation:

a) Cash Budget is an estimate of the cash receipts and cash payments during a period of time.

b) Depreciation of $8,000 is not a cash payment, so this amount is deducted from the Selling and Administrative Expenses.

c) The bank notes are in multiples of $1,000.  To maintain a cash balance of at least $15,000 for each month, McCracken needed to borrow $1,000 bank loan in 27 notes.

Damian invests $5,000 today in an account earning 6% per year. How much is the investment worth in 4 years

Answers

Answer:

$6,312

Explanation:

The amount that the investment will be worth in 4 years is known as the future value. We compound the Present Value using the interest rate to determine the future value.

Note : Here I will use a financial calculator to compute the future value

PV = $5,000

r = 6 %

P/yr = 1

n = 4

Pmt = $0

Fv = ?

Thus, the investment will be worth $6,312 in 4 years.

when management's primary objective is the economic interests of shareholders, this is known as : A.philanthropy B.responsibility C. the strategic approach D.the pluralistic.​

Answers

C the strategic approach

Identify one supply or demand shifting factor that the community could have some control over or do something about

Answers

One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.

1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.

2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.

3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.

4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.

5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.

By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.

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What accounting book is used to capture changes to the trial balance

Answers

The accounting book used to capture changes to the trial balance is the general Journal.

The general journal is a chronological record of all financial transactions that affect account balances, including adjustments and corrections. It is where entries are first recorded before being posted to the appropriate accounts in the general ledger.

Journal entry refers to the process of entering business transactions in a journal called a Journal, which is then used to prepare the company's financial statements. The journal data will be extracted in order to create a ledger report.

The general journal assists in maintaining an accurate and full record of all modifications made to the trial balance, assuring the accounting system's integrity.

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importance of constitutional law to Ghana's development​

Answers

The importance of constitutional law to Ghana's development is it establishes the structure, procedures, powers and duties of the government, structure of the judiciary and legislature, and spells out the fundamental rights and duties of citizens.

What is constitutional law?

It is body of law based on a ratified constitution or similar formative charter dealing with the fundamental principles by which a government exercises its authority. The the body of rules, doctrines, and practices that govern the operation of political communities is known as constitutional law.

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What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time

Answers

Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.

What is an insurance policies?

An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.

Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.

Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,

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Product: Cheetos Country: Australia

4. Customer Value: What value or benefits will your product or service deliver to the consumers?

5. Profit: What will you charge per individual product or service?

6. Marketing: How will customers learn about your product/service?

7. Customer loyalty: How will you encourage customer loyalty and referrals for new customers?

8. SWOT Analysis:

What are the STRENGTHS of conducting business/marketing your product/service in this country?


b. What are the WEAKNESSES of conducting business/marketing your product/service in this country?


c. What are the OPPORTUNITIES of conducting business/marketing your product/service in this country?


d. What are the THREATS (competition?) of conducting/marketing your product/service in your country?

9. How will you know when you are successful?

10. Describe your expectation of your product/service life cycle in this country. How long before your product/service reaches maturity?

( PLS INCLUDE MORE THAN ONE SENTENCE)

Answers

Cheetos are a popular snack food that delivers a delicious and satisfying taste experience to consumers.

Cheetos are widely available in supermarkets and convenience stores across the country.

4. Customer Value: The product provides a convenient and easy-to-eat snack option for people on-the-go. The bold and cheesy flavor of Cheetos appeals to both children and adults, making it a versatile snack option. Additionally, Cheetos are available in different sizes and packaging options, catering to individual preferences and needs.

5. Profit: The price of Cheetos in Australia will depend on the size and packaging of the product. However, a single serving size of Cheetos (28g) is expected to be priced between AUD 1.50 to AUD 2.50.

6. Marketing: To promote Cheetos in Australia, the product can be advertised on social media platforms. The brand can collaborate with popular influencers and create exciting and engaging content that appeals to the target audience. Additionally, the brand can host sampling events and offer promotions to generate interest and awareness.

7. Customer loyalty: To encourage customer loyalty, the brand can offer loyalty programs that provide incentives and rewards for repeat purchases. The brand can also engage with customers through social media and respond to their queries and feedback promptly. Offering excellent customer service and delivering a consistent product experience can also help generate customer loyalty and referrals.

8. SWOT Analysis: a. Strengths: Cheetos are a popular and recognizable brand globally. The brand has a loyal following and offers a unique and delicious taste experience that appeals to a broad range of customers.

b. Weaknesses: The snack food market in Australia is highly competitive, with many established brands competing for market share. Cheetos may face challenges in establishing a foothold in the market and competing with established brands.

c. Opportunities: Australia has a growing snack food market with a diverse and multicultural population. Cheetos can leverage this opportunity and tailor its marketing and product offerings to appeal to different customer segments.

d. Threats: Competition from established brands and changing consumer preferences and trends pose significant threats to the success of Cheetos in the Australian market.

9.Success Measurement: The success of Cheetos in Australia can be measured by sales figures, market share, and customer feedback. Additionally, the brand can track social media engagement and monitor customer sentiment to evaluate the effectiveness of its marketing campaigns.

10. Product/Service Life Cycle: The life cycle of Cheetos in Australia will depend on various factors, including market trends, competition, and customer preferences. Typically, snack foods have a relatively short product life cycle, and the time to maturity can vary from several months to a few years. However, Cheetos' popularity and brand recognition may help the product reach maturity sooner.

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Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 20 years, or 110,000 units of product, with a $1,000 salvage value. During its second year, the machine produces 4,400 units of product. Determine the machines' second-year depreciation under the straight-line method.

Multiple Choice

$7,800.


$6,240.


$6,200.


$7,850.


$7,750.

Answers

Answer:

Explanation:

Annual depreciation=(cost-salvage value)/useful life

Annual depreciation =(156,000-1000)/20

Annual depreciation =$7750/year

Hence Depreciation for second year=$7750.

a formal complaint regarding working conditions or failure by management to stick to its contract

Answers

If you have a formal complaint regarding working conditions or a failure by management to adhere to its contract, there are several steps you can take.

First, you should review your employment contract to ensure that your complaint is valid and that the management is in breach of the agreement. If this is the case, you may want to consider talking to your immediate supervisor or HR department. Often, issues can be resolved at this level through open and honest communication.

If you feel that your concerns are not being taken seriously, you may want to escalate your complaint to a higher level of management. This may involve sending a formal letter of complaint outlining your concerns, and requesting a response within a specific timeframe. Alternatively, you may wish to involve a trade union or seek legal advice from an employment lawyer.

It is important to keep detailed records of any conversations or interactions related to your complaint, as well as any supporting evidence such as emails or documents. This can help to strengthen your case and ensure that your concerns are taken seriously.

Ultimately, if your complaint is not resolved satisfactorily, you may need to consider taking further action such as filing a grievance or making a claim to an employment tribunal. However, this should only be done as a last resort, and you should always seek legal advice before taking any such action.

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