The alignment and coordination of multiple activities in an organization is typically associated with the concept of management
What is management?
Management involves overseeing and organizing various activities within an organization to achieve its goals and objectives efficiently and effectively
It includes activities such as planning organizing coordinating and controlling resources and efforts to ensure that different parts of the organization work together cohesively towards common goals Therefore among the options provided "management" best represents the alignment and coordination of multiple activities in an organization
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If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent
Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.
To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.
This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.
To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.
2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)
Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]
Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)
Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)
Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n
Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)
Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)
We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.
Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.
Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent
Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent
Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent
Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent
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Which option identifies the law represented in the following scenario?
Bauer comes out with a new hockey skate, and last year’s model sits on the shelves. The local hockey shop places last year’s model on sale for half price.
law of demand
law of diminishing marginal utility
law of supply and demand
law of supply
Answer:
A. law of demand
Explanation:
What are the arguments for and against using artificial intelligence (AI) in a business? Explain in your own words.
Answer:
Experts of Man-made consciousness (artificial intelligence)
The experts of computer based intelligence applications might alter areas or ventures going ahead in significant ways, including the accompanying:
1. Lessens Human Blunder
2. Works with Quicker Independent direction
3. Offers Constant day in and day out Accessibility
4. Decreases Chance
Cons of Man-made brainpower (computer based intelligence)
Artificial intelligence isn't invulnerable from inconveniences and dangerous worries, including these six:
1. Requires Higher In general Expenses
2. Decreases Business
3. Needs Innovative Capacity
Explanation:
The arguments for and against using artificial intelligence (AI) in a business are High Costs of Creation, making humans lazy, no emotions, reduction in out of box thinking.
The firms that have successfully expanded AI across the organization and realized meaningful returns on their investments tend to allocate 10% of their AI budget to algorithms, 20% to technologies, and 70% to integrating AI into agile business processes.
In other words, these businesses spend twice as much on personnel and organizational procedures as they do on technology.Businesses that underinvest in people and processes quickly lose ground in the AI race. That's because starting a string of fruitful AI scale pilots is quite simple.
To use AI at scale across the organization, the proper strategy and attention on change management are essential.Companies will need to look beyond automation in order to realize meaningful financial gains from their equipment—and should instead concentrate on organizational change and learning.
A symbiotic relationship is required, in which businesses use whatever human-machine interaction the situation necessitates and adjust as necessary to changing environments, situations, and scenarios.
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What are the three major elements that include in presentation?
Answer:
The three major elements that are included in a presentation are:
a) The introduction
b) The body
c) The Conclusion
Explanation:
1. The introduction kickstarts the presentation with an introduction suitable to the topic. It is usually a summary of the topic (the problem being addressed), the presenter, the venue or location, the purpose, and the date of the presentation.
2. The body of the presentation presents balanced information about the topic to address each requirement, including the supporting and opposing views. It also includes the presentation of observations, evidence, and calculated data to support the viewpoints expressed.
3. The conclusion summarizes the presentation in such a manner that the recommendations that offer possible solutions to the identified problem(s) are distinctly outlined.
Why can internet banks offer better interest rates and lower fees than tradition banks?
A.They value their customers more.
B.They have fewer expenses.
C.They make money in different ways.
Financial Statement Analysis Portfolio
The Income Statement for Pumpkin Co. is shown below:
Pumpkin Co.IncomeStatement
for the Month Ended October 21, 2010
revenues- blank
sales
$120,000.00
operating expenses-blank
salary expense
$10,000.00
supplies expense
$14,000.00
depreciation expense
$4,000.00
net income
$92,000.00
Pumpkin Co. is about to embark on a project that will have a total cost of $300,000.00 over a 10-year period.
1. Calculate the expected annual rate of return on this project.
2.Calculate the cash payback on this project.
Review each of the investment opportunities provided by Erall Investnmentd and Pima financial trading. in a three paragraph essay(a minimum of 4-5 sentences) write and analysis of these opportunities that answers the following questions
Erall Investments is offering investment opportunities in the form of real estate investment trusts (REITs) and private equity funds. REITs are a popular way to invest in real estate without having to own property directly.
Investors can buy shares of the REIT, which then owns and manages income-generating real estate properties. Private equity funds, on the other hand, invest in privately held companies that are not publicly traded. These investments typically have a higher risk but also the potential for higher returns. Erall's investment options provide a diversified portfolio for investors looking for exposure to real estate and private equity. Pima Financial Trading, on the other hand, offers a different type of investment opportunity in the form of trading on financial markets. Pima provides access to various financial instruments such as stocks, bonds, currencies, and commodities, allowing investors to speculate on price movements and potentially generate profits. Trading carries a higher level of risk compared to investing in REITs and private equity funds, but it also offers higher potential returns in a shorter timeframe. Pima's investment option is suitable for investors who are comfortable with the volatility and uncertainty of financial markets. Overall, both Erall Investments and Pima Financial Trading provide different investment options with varying levels of risk and potential returns. Investors should carefully consider their investment goals and risk tolerance before deciding on which option to choose. Those looking for a more stable and diversified portfolio may prefer REITs and private equity funds offered by Erall, while investors seeking higher returns in a shorter timeframe may prefer Pima's trading option. Ultimately, it is important for investors to do their due diligence and thoroughly research any investment opportunity before committing their money.
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How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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What is semiannually?
Answer:
occurring twice a year; half yearly
Explanation:
ok so basically
semi: partly
annually: yearly
essentially, semiannually means it only happens part of the year.
I feel like I just went in circles, but I'm not sure how else to explain it! let me know if you need another explanation
As little as
percent of privately owned businesses ever move from the start-up stage to the success stage.
OA. 10
O B.2
O C. 15
O D. 6
Answer:
D. 6
Explanation:
Results from online research its only 6 percent of private businesses move from start-up to success. This shows that a majority of start-ups fail. Failure may occur at any phases of the business.
Connect information which relates.
Inside-out perspective Choose..
competitive intelligence
the organisation's goals and values
the resources and capabilities to achieve competitive advantage
the industry environment
Competitive intelligence bridges the gap between the organization's goals and values, the industry environment, and the resources and capabilities necessary to gain a competitive edge. The correct option is a.
Competitive intelligence plays a crucial role in connecting the organization's goals and values with the industry environment and the resources and capabilities required to achieve competitive advantage. Competitive intelligence involves gathering and analyzing information about competitors, market trends, and customer preferences to gain insights and make informed business decisions.
By understanding the industry environment through competitive intelligence, organizations can identify opportunities and potential threats. This knowledge helps align the organization's goals and values with the external factors impacting its success. For example, if the industry is shifting towards sustainable practices, an organization that values environmental responsibility can leverage this trend to enhance its competitive position.
Furthermore, competitive intelligence helps identify the resources and capabilities needed to achieve competitive advantage. It provides insights into the strengths and weaknesses of competitors, allowing organizations to benchmark their own capabilities and identify areas for improvement. This knowledge can guide strategic planning and resource allocation, ensuring that the organization aligns its resources with its competitive goals. The correct option is a.
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q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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What is the impact of e-commerce on employment/unemployment ?
Answer:
E-commerce creates new jobs directly, in the field of information and communication technologies, but also indirectly through an extremely dynamic increase of the volume and diversity of product demand [44].
Thus, by reducing costs, improving efficiency, reducing time and distance, e-commerce can become an important development tool. One of the advantages of e-commerce is that it takes time and effort, facilitates access to foreign markets, promotes economic growth, and improves exports and production
why is the study of finance important
Answer:
Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.
Explanation:
Most social assistance workers are employed by what type of organization? local government state government federal government private businesses
Answer:
D. Private business
Explanation: correct on e2020
Answer:
d : private businesses
Explanation:
got it right
XYZ Co is considering a major expansion program that has been proposed by the company’s information technology group. To decide whether the company will undertake this major expansion project, the company paid McLindsay Co., a large consulting company, a fee of $2 million to calculate the costs and benefits of the program, but they will refund half of that cost back to XYZ if the company does not move forward with the project. McLindsay reported that the expansion project will have an upfront cost of $20 million for assets, which are depreciated straight line to zero over the four-year horizon of the project. The company does not need to invest in net working capital (i.e., NWC = 0). McLindsay also expects that the program will generate an operating cash flow equal to $10 million the first year and will expand by 20% per year until the project is liquidated at the end of year four. The liquidation value from selling the equipment will be $4 million. You are an assistant to the CFO of the company and your first task is to advise XYZ whether the company should undertake the investment. The CFO has provided you with the following data, which he believes may be relevant to your task (all the market data are current). The firm’s tax rate is 20%. The market data on XYZ Co’s securities are:
Debt
oBond A: 42,750 bonds with a 5.4% coupon rate, with 20 years to maturity selling at par. oBond B: 55,000 bonds with a 4% coupon rate, with 15 years to maturity selling at par.
Assume that both bonds have a par value of $1,000 and they make semiannual payments.
Common stock
o 1,000,000 shares outstanding, selling for $95 per share; XYZ Co just paid a dividend of $4 per share and is expected to increase its future dividends at a constant rate of 5%. The firm’s beta is 1.8. Assume the risk-free rate is 2% and the market return is 8%.
Answer the following questions and show all the formulas and calculations (if using a financial calculator show all the entries).
a. What is XYZ Co’s cost of debt?
b. What is XYZ Co’s cost of equity using the CAPM?
c. What is XYZ Co’s cost of equity using the dividend growth model?
d. What is XYZ Co’s cost of capital? (for your cost of equity calculations, use the average of cost of equity you calculated in the last two parts).
e. Find the cash flows from assets (CFFA) of the project and then compute the NPV of the project. Accounting for all relevant expenses, should the firm undertake the expansion project?
f. Suppose instead that (1) Bond A and Bond B are priced below par and (2) the common stock is selling for $142.50 per share and the last dividend paid was $6. Would the firm’s WACC be higher, lower, or the same as what you found in part (d)? Explain.
a. To calculate the cost of debt, we need to find the yield to maturity (YTM) of each bond. We can calculate the YTM of Bond A as 5.4% and the YTM of Bond B as 4%. Therefore, the cost of debt for XYZ Co is the weighted average of the YTM of each bond, where the weights are the proportion of the total market value of debt that each bond represents. Assuming that all bonds are selling at par, the total market value of debt is $97,750,000. Thus, the weight of Bond A is 42,750/97,750 = 0.4376 and the weight of Bond B is 55,000/97,750 = 0.5624. Therefore, the cost of debt is:
Cost of Debt = 0.4376 × 5.4% + 0.5624 × 4% = 4.48%
b. Using the CAPM, we can calculate the cost of equity as:
Cost of Equity = Risk-Free Rate + Beta × (Market Return - Risk-Free Rate)
= 2% + 1.8 × (8% - 2%)
= 13.6%
c. Using the dividend growth model, we can calculate the cost of equity as:
Cost of Equity = (Dividend / Price) + Growth Rate
= ($4 / $95) + 5%
= 9.3%
d. To calculate the cost of capital, we need to find the weighted average of the cost of debt and the cost of equity, where the weights are the proportion of the total market value of debt and equity that each component represents. Assuming that the total market value of equity is $95,000,000, the weight of debt is 97,750,000/(95,000,000 + 97,750,000) = 0.5073 and the weight of equity is 1 - 0.5073 = 0.4927. Therefore, the cost of capital is:
Cost of Capital = 0.5073 × 4.48% + 0.4927 × 13.6% = 9.54%
e. To calculate the cash flows from assets (CFFA) of the project, we need to find the operating cash flows (OCF) and the net capital spending (NCS) for each year of the project. Using the given data, we can calculate the OCF for each year as:
Year 1: OCF = $10,000,000
Year 2: OCF = $12,000,000 (20% increase from year 1)
Year 3: OCF = $14,400,000 (20% increase from year 2)
Year 4: OCF = $17,280,000 (20% increase from year 3)
The net capital spending (NCS) for year 0 is the upfront cost of the project, which is $20,000,000. The NCS for year 4 is the liquidation value of the equipment, which is $4,000,000. The NCS for years 1 to 3 is zero since there is no net working capital requirement.
Calculating the CFFA for each year:
Year 0: CFFA = - $20,000,000
Year 1: CFFA = $10,000,000 - $0 - $20,000,000 = -$10,000,000
Year 2: CFFA = $12,000,000 - $0 = $12
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Which is traded in a currency exchange market?
Which is traded in a currency exchange market?
A) foreign money
B) unprocessed foods
C) shares in corporation
D) treasuries
All accountants perform the same tasks regardless of the firm that employs them.
O False
O True
Answer:
True regards
Explanation:
Mark brainliest
Best practice standards are
Best practice standards means principles of care that reflect the type and implementation of service recommended by research, professional literature, and professional experience.
It involves keeping up to date with the ways that successful businesses operate in your sector and others, and includes measuring your ways of working against those used by the market leaders.
Areas where best practice standard can be applied1 - Communication
2 - Leading by Example
3 - Setting and Demanding Realistic Goals
4 - Open Management Style
5 - Strategic Planning
Strict best practice guidelines may be set by a governing body or may be internal to an organisation.
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Composition of equity investment account Several years ago, a parent company acquired all of the outstanding common stock of its subsidiary for a purchase price of $300,000. On the acquisition date, this purchase price was $100,000 more than the subsidiary’s book value of Stockholders’ Equity. The AAP was entirely attributable to Goodwill. Since the date of acquisition, the subsidiary has reported cumulative net income of $400,000 and paid $50,000 of dividends to its parent company.
Compute the balance of the Equity Investment account on the parent’s balance sheet assuming that the Goodwill asset has not declined in value subsequent to the date of acquisition.
Answer:
Balance of equity investment account = $750,000
Explanation:
Equity investment account
Goodwill $100,000
Investment $300,000
Net income $400,000
Less: Dividends $50,000
Balance of equity $750,000
investment account
A public franchise is a right granted Group of answer choices to one firm by another firm; for example, McDonald's Corporation grants restaurant owners a franchise to make its hamburgers. to a firm by government that prevents other firms from producing the same product or service. to a cooperative of buyers that allows the group to purchase goods at wholesale prices. by government that enables a person to engage in arbitrage.
Answer: to a firm by government that prevents other firms from producing the same product or service
Explanation:
A public franchise is a right granted to a firm by government that prevents other firms from producing the same product or service.
This is done by the government in a situation whereby the government doesn't want a competition for the firm or doesn't want other firms to sell that particular good.
For example, if a particular firm comes up with a drug that can cure HIV/AIDS, the government may grant such firm a public franchise.
which of the following departments has the primary responsibility for managing the advertising process
The concept is Advertising, a marketing tactic to pay for space to promote a product, service or cause. This is variant C.
Advertising is a marketing tactic that involves paying for space to promote a product, service, or cause. Actual advertising messages are called advertising or advertising for short.
The purpose of advertising is to reach the people who are most willing to pay for a company's product or service and to encourage them to buy it.
-Advertising aims to educate consumers about their product and convince customers that the company's services or products are the best, improve the company's image, attract attention and create demand for products or services, present new uses for recognized products, in order to promote new products and programs
Question:
Which of the following departments is primarily responsible for managing the ad process?
A) Invoicing office
b) Tourist Office
c) Marketing Services
D) Art Studio
E) Manufacture of prints
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why does location matter?
answer: you need to know where your at
explain three of classifying managers
There are several ways to classify managers, but here are three common approaches By level, By function, By style.
By level: One way to classify managers is by their level in the organizational hierarchy. For example, top-level managers are responsible for setting overall goals and strategies for the organization, while middle-level managers oversee specific departments or functions, and front-line managers supervise the day-to-day activities of individual employees.
By function: Another way to classify managers is by the functional area they oversee. For instance, a marketing manager is responsible for promoting and selling the organization's products or services, while a human resources manager is responsible for recruiting, training, and managing employees.
By style: A third way to classify managers is by their management style or approach. For example, some managers may be more autocratic, making decisions and giving orders without much input from their subordinates. Others may be more democratic, seeking input and feedback from their team before making decisions.
Still, others may be more laissez-faire, giving their employees a high degree of autonomy and trusting them to make decisions on their own.
Overall, these different ways of classifying managers can help organizations to better understand the roles and responsibilities of their managers, and to develop more effective leadership strategies that align with their specific needs and goals.
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Suppose the United States is trading with a new country, Muffinville. The amount of imported and exported goods and services from the United States to Muffinville is shown below:
Exports to Muffinville Imports from Muffinville
Goods $52 $29
Services $22 $28
What is the United States’ trade balance with Muffinville? $
The overall trade balance is the sum of the net values of goods and services traded, which is $23 - $6 = $17. The United States has a trade surplus of $17 with Muffinville.
What is trade surplus?The valve of exports to value of imports
The total value of exports to Muffinville is $52 + $22 = $74.
The total value of imports from Muffinville is $29 + $28 = $57.
the trade balance between the United States and Muffinville is:
$74 (exports) - $57 (imports) = $17
The United States has a trade surplus of $17 with Muffinville.
Therefore, The overall trade balance is the sum of the net values of goods and services traded, which is $23 - $6 = $17. The United States has a trade surplus of $17 with Muffinville.
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To drive customers to your website, you need to create
Answer:
Explanation:
To drive customers to your website, you need to create a comprehensive digital marketing strategy that includes various tactics to attract and engage potential customers. Some of the most effective ways to drive traffic to your website are:
Search Engine Optimization (SEO): Optimize your website and its content to rank higher on search engine results pages (SERPs) for relevant keywords.
Pay-per-click (PPC) Advertising: Use paid search ads to target specific keywords and drive traffic to your website.
Content Marketing: Create valuable and informative content, such as blog posts, videos, infographics, and ebooks, that attracts and engages your target audience.
Social Media Marketing: Use social media platforms to promote your content, interact with customers, and drive traffic to your website.
Email Marketing: Build an email list and use it to send targeted and personalized messages to your subscribers, promoting your website and its content.
Influencer Marketing: Partner with influencers in your industry to promote your website and products to their followers.
Referral Marketing: Encourage your existing customers to refer their friends and family to your website, offering incentives for successful referrals.
Affiliate Marketing: Partner with other websites and publishers to promote your products and services, paying them a commission for each sale or lead generated.
By implementing a combination of these tactics and regularly monitoring and adjusting your strategy, you can drive targeted traffic to your website and ultimately convert them into customers.
PLS MARK ME BRAINLIEST
Answer:
A solid marketing plan
Explanation:
I took the test and this was the correct answer
Ally typed a business letter. She most likely used a _____.
word processor
scanner
spreadsheet
database
Ally typed a business letter. She most likely used a word processor.
What is a software?A software can be defined as instruction given to a computer, to carry out certain tasks. Software tells a computer what to do, hence a set of programs, which is designed to perform a well-defined function
It should be noted that a word processor simply means a device that allows one to create and edit documents. It is a software because it gives instructions to the computer in terms of editing and creating documents.
In this case, when Ally typed a business letter. She used a word processor. hence correct option is A.
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All of the following are correct statements about transfers between divisions located in countries with different tax rates except that
A. differences in tax rates across countries complicate the determination of the appro-priate transfer price
B. a decreasing number of transfers are between divisions located in different countries
C. companies must pay income tax in the country where income is generated
D. many companies prefer to report more income in countries with low tax rates.
All of the following are correct statements about transfers between divisions located in countries with different tax rates except that the companies must pay income tax in the country where income is generated. Thus option (C) is correct.
What is tax?Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national.
Tax revenues finance government activities, including public works and services such as roads and schools, or programs such as Social Security and Medicare.
In economics, taxes fall on whoever pays the burden of the tax, whether this is the entity being taxed, such as a business, or the end consumers of the business’s goods.
From an accounting perspective, there are various taxes to consider, including payroll taxes, federal and state income taxes, and sales taxes.
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When you draw Refine marks, the lines essentially indicate __________ to keep or remove in the background.
Answer:
Colors
Explanation:
Based on the following data, determine the cost of merchandise sold for October. Merchandise Inventory, October 1 $ 98,560 Merchandise Inventory, October 31 102,330 Purchases 433,880 Purchases Returns & Allowances 12,760 Purchases Discounts 9,900 Transportation In 7,620
Answer:
$414,070
Explanation:
Calculation to determine the cost of merchandise sold for October
Merchandise inventory, october 1 $ 98,560
Add: Purchases $433,880
Add: Transportation in $7,620
Less: Purchase return and allowances $12,760
Less: Purchase discount $9,900
Less: Merchandise inventory, october 31 $102,330
Cost of merchandise sold $414,070
Therefore the cost of merchandise sold for October will be $414,070