Under U.S. GAAP, which of the following is not an acceptable way to report plant assets,a with detailed information on the face of the balance sheet.
Every resource that a company or other economic organization owns or administers is known as an asset in financial accounting. Anything, whether tangible or intangible, that has the potential to generate wealth is eligible. Assets are ownership worth that can be converted into cash (although cash itself is also considered an asset). [1] The monetary[2] value of an organization's assets is shown on its balance sheet. It protects a person's or a company's financial and other assets. Assets can be divided into two main categories: tangible and intangible assets
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Rosalyn is planning to sell her apartment complex. Ten years ago, she bought the eight-room complex for $420,000. The building has gained 2.2% in value every year since she bought it. She charges a monthly rent of $720 for each room, and pays $22,900 per year in upkeep costs. If Rosalyn has kept all of the rooms occupied continuously since she bought it, to the nearest hundred dollars, how much profit will she have made in total when she sells it
The upkeep expense is 22900 dollars annually, or 229000 dollars over ten years. She will make (522105.48 - 420000 + 691200 - 229000) dollars in profit when she sells her apartment, for a total of 564305.48 dollars.
Mesne profits, pronounced "mean," are sums of money paid to someone having the right to immediate possession expense of land when no licence has been granted for that occupancy. The revenue generated from selling a good is referred to as the profit, and it must exceed the cost of the good. In other terms, a gain from any business activity constitutes a profit.
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The measure of how much profit the firm generates as well as how much profit certain aspects of the firm, including regions, channels, and customer segments contribute is referred to a
Profitability analysis is the process of calculating how much a firm produces in profit and how much different business operations, such as markets, distribution channels, and customer segments, contribute to that profit.
An individual who buys something from a seller, agent, or supplier in exchange for cash or another kind of value consideration in sales, commerce, or transactions is referred to as a customer. Early cultures were supported by a system of gifts and favours.
A customer is someone who makes a purchase of an item or service and subsequently contacts the business with a query or requests for assistance. However, enterprises like law firms, movie studios, and hospitals choose their clients, but supermarkets, banks, and restaurants chose their customers. Currently, this distinction has little semantic relevance.
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25. Consider the following information from the books of Mr. Prince:
Loss for the year 20,000
₹
(1)
(2) Drawing made by Mr. Prince * 50,000
(3) Additional Capital introduced by Mr. Prince 1,00,000
(4) Capital at the end of the year ₹ 4,00,000.
Find the capital contributed by Mr. Prince at the beginning of the year.
A factory and its equipment, intellectual property like patents, or the financial assets of a company or a person are all examples of things that provide value or benefit to their owners and fall within the broad definition of capital.
What is Capital ?While money in and of itself could be considered capital, the term is more frequently used to refer to money that is being used for investments or productive purposes. In general, capital is an essential part of managing a firm day-to-day and funding its expansion in the future.
According to economists, whether a unit is a family, a small firm, a major corporation, or an entire economy, capital is essential to its operation.
Calculation of opening Capital
Closing Capital $400,000
(+) Drawing $ 50,000
(-) Additional Capital ($300,000)
Adjusted Capital 150,000
Opening Capital
Loss ($20,000)
Opening Capital $ 130,000
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What are the goals of public policy?
Public policy main goal is to ensure that everyone has access to the resources and opportunities they need to build a better life.
Public policy is the art of creating laws and regulations to help guide and steer our society toward a more equitable and prosperous future. It strives to promote social justice, economic growth, public safety, and environmental sustainability.
Public policy also seeks to protect the rights and interests of all individuals, including those who are vulnerable or disadvantaged. By taking into account a wide range of stakeholders and interests, public policy helps to create a fairer and more equitable society for everyone.
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On July 1, Year 3, Lundy Company issued for $438,000 500 of its 8%, $1,000 bonds. The bonds were issued to yield 10%. The bonds are dated July 1, Year 3, and mature on July 1, Year 13. Interest is payable semiannually on January 1 and July 1. Using the interest method, how much of the bond discount should be amortized for the 6 months ended December 31, Year 3
Lundy Company will have a bond discount that should be amortized and will be $1,900.
$21,900 worth of interest was paid in the first six months after the bonds were issued [$438,000 carrying amount x 10% effective rate x (6 x 12)]. The regular cash payment equals $20,000 [$500,000 face amount x 8% stated rate x (6 + 12)] every period. The amount of the discount that needs to be amortised over this 6-month interest term is the $1,900 ($21,900 - $20,000) difference.
A bond's bond discount is the difference between the market price and the principal that will be due when the bond matures. Because the higher face value is paid when the bond matures, a bond that was issued at a discount has a market price below its face value. This results in capital growth over time. When a bond offers a coupon rate that is less than the going rate of interest, it will trade at a discount. Investors will pay less for a bond with a coupon rate lower than the going rate because they want a larger yield; the initial discount offsets the lower coupon rate.
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School band members need to raise money for new uniforms. Some members want to sell energy drinks at a football game to raise funds, but others want to organize a car wash in the school parking lot. Based on the concept of scarcity, which thought should drive members' decision-making process to determine how to fundraise
If there are enough volunteers to work a car wash, the decision-making process ought to be driven by the concept of scarcity.
The idea of scarcity teaches that there are many things that people want, but there aren't enough resources to meet them all.
In relation to the question, the issue of whether or not they have sufficient manpower or labor to complete the task would be the concept of scarcity that would guide their decision. People would have to do the work of washing these cars. If there aren't enough volunteers, it would be harder to reach the goal.
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Suppose you invest $230,000 in an annuity that returns constant annual payments over 9 years, with the first payment one year from now. At an interest rate of 7%, how much is the annual payment you receive
Two examples of lifelong guaranteed annuities that provide retirees with a consistent income flow until death are defined benefit annuities and Social Security.
The significance of payingPayment refers to the exchanging of cash, commodities, or skills for agreed-upon quantities of respectable services and goods from all parties concerned. Payment options include cash, cheques, wire transfers, bank cards, direct debit, and cryptocurrencies in addition to the exchange of services.
What are the standard forms of payment?The time rate scheme and the piece rate system are the two fundamental methods of compensation. Both methods have advantages and disadvantages. No methodology can be said to be appropriate at all times and in all situations.
Formula of present value of growing annuity: PVGA = A*[(1 - (1+g)^n/(1+i)^n)) / (i-g)
$250,000 = A*[(1 - (1+0.06)^5/(1+0.07)^5)] / (0.07 - 0.06)
$250,000*(0.01) = A*(1 - (1.06)^5/(1.07)^5)
$250,000*(0.01) = A*(1 - 0.9541363)
$2500 = A * 0.045864
A = $2,500 / 0.045864
A = 54508.983080412
A = $54,508.98
So, the amount of the first annual payment i will receive $54,508.98.
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The amount of the first annual payment I will receive will be upto $54,508.98.
How do you determine the annual payment?The time rate scheme and the piece rate system are the two fundamental methods of compensation. Both methods have advantages and disadvantages. No methodology can be said to be appropriate at all times and in all situations.
Formula of present value of growing annuity: PVGA = A*[(1 - (1+g)^n/(1+i)^n)) / (i-g)
$250,000 = A*[(1 - (1+0.06)^5/(1+0.07)^5)] / (0.07 - 0.06)
$250,000*(0.01) = A*(1 - (1.06)^5/(1.07)^5)
$250,000*(0.01) = A*(1 - 0.9541363)
$2500 = A * 0.045864
A = $2,500 / 0.045864
A = 54508.983080412
A = $54,508.98
So, the amount of the first annual payment I will receive $54,508.98.
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Which of the following is generally an opportunity cost of investment in human capital?
a. future job security
b. increased earning potential
C. FORGONE PRESENT WAGES
d. All of the above
e. None of the above
The loss of consumption required to generate the investment resources is another opportunity cost of investing in human capital. correct option is c.
What does opportunity cost look like, and what does it mean?The price of the next-highest alternative use of a resource is what economists refer to when they talk about its "opportunity cost." For instance, if you spend time and money going to the cinema, you aren't permitted to watch the same movie at home or spend the money on something else. In microeconomic theory, the term "opportunity cost" refers to the value or advantage lost by engaging in one activity as opposed to another. More specifically, it indicates that by choosing one activity, you forgo the opportunity to participate in another.
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At quickie car wash, The wash process as advertised to take less than six minutes. Consequently management has set a target average of 330 seconds for the wash process. Suppose the average range for a sample of seven cars is 10 seconds. Use the accompanying table to establish control limits for sample means in ranges for the car wash process. 
In this case, the advertised process time of 6 minutes equals 360 seconds. So the lower control limit would be 270 seconds and the upper control limit would be 450 seconds. The average range for a sample of seven cars is 10 seconds, which is within the control limits and indicates that the process is in statistical control.
Control limits for sample means within ranges for a car wash process are used to determine whether the process is in statistical control. For quality control purposes, the control limits provide a range for the sample mean that can be compared to the target mean of 330 seconds. If the sample means are consistently above or below the target mean, this is an indication that the process needs to be adjusted. Similarly, if the sample means are consistently outside the control limits, this is an indication that the process needs to be adjusted.
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The term comparative advantage refers to when many of the different stages of producing a good happen in different geographic locations.
When many of the different stages of producing a good occur in different geographical locations, the opportunity cost is high. If a person can the produce something at a lower cost than anyone else, he has a comparative advantage.
Being the best at something does not imply having a comparative advantage. When a country has a comparative advantage, it can produce goods and services at a lower cost than other countries. False. When a country has a comparative advantage producing, it can produce something with lower opportunity costs than other countries. The lowering costs is an example of an absolute advantage.
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-TV and QRS-TV are trying to decide whether to air a sitcom or a reality show in a given time slot. Viewers like both sitcoms and reality shows, but sitcoms are more expensive to produce than reality shows since real actors need to be hired. QRS-TV makes its decision first, and then P-TV observes that choice before making its decision. Both stations know all of the information in the decision tree below. Given the information in this decision tree, if QRS-TV announces that it will air a reality show, it can expect to:
Answer:
i am not sure
Explanation:
A jeweler sent a fax to a gold dealer offering to sell the dealer 100 ounces of gold at $900 per ounce. The dealer immediately responded via fax, "What are your terms of shipment"?
A written request for a terminal manager, carrier, or warehouse employee to deliver freight to another party from the consignee, shipper, or owner of the cargo.
What are your terms of shipment?Freight on Board is referred to as FOB. In accordance with the FOB Incoterm, the exporter/seller must leave the goods at the port of origin finished and ready for shipping abroad. ...EXW: Ex Works Another excellent choice for purchasers is the EXW Incoterm.DAP: Delivered at PlaceIncoterms are a set of 11 internationally regarded standards that specify the obligations of sellers and buyers. They are commonly used terms of sale. Incoterms outline who is in charge of paying for, overseeing, and managing the shipment, insurance, paperwork, customs clearance, and other logistical tasks. A shipping carrier is a business that offers a service to customers to deliver products on their behalf. The phrase "best way" usually connotes that the shipper will pick the carrier who offers the lowest fee for the shipment (to the shipper).To learn more about shipment refer to:
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A(n) _____ contract carries the least risk for suppliers.
a. CPPC b. FFP
c. CPAF
d. FP-EPA
The least risky contract for a supplier is an FP-EPA one. Long-term contracts are utilized FP-EPA contracts, which permit pre-defined modifications to the contract price because of altered circumstances.
This can entail variations in inflation or higher or lower prices for particular commodities.
The nature of this contract is similar to that of a fixed-price contract. However, the former has a specific provision that allows for price adjustments, whereas the latter is non-negotiable.
In this specific contract, the buyer and seller concur on pre-established standards for the price adjustment. The market's inherent uncertainties make this conceivable. This particular contract is advantageous for long-term projects or those that span several years because it is crucial to remember that market dynamics alter over time.
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Which of the following statements regarding limited partnerships that are not being disposed of in a taxable transaction is CORRECT?
Losses from a master limited partnership (MLP) may only be used to offset income from the same MLP.
Losses from a nonpublicly traded limited partnership may only be used to offset income from another nonpublicly traded limited partnership.
A)
I only
B)
II only
C)
Neither I nor II
D)
I and II
The correct option is (D), i.e., I and II. Investors admit duty-sheltered distributions from the MLP. MLPs are considered low-threat, long-term investments, furnishing a slow but steady income sluice.
For limited hookups and master limited hookups, the simplest way to explain the difference between the two business structures is that the ultimate is intimately traded while offering the duty benefits of limited cooperation.
Since MLP distributions are a return on capital, they're substantially duty-remitted. But when you vend, you'll pay levies based on the difference between the deal's price and your acclimated base.
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What are some positive ways you can impact your Family Circle?
Tell them a funny story, show them funny videos on the Internet, play practical jokes
Play them my favorite music, movies, and TV shows
Tell my friends about how much I like my family, show them pictures, introduce them
Ask questions, help them, or do something they love
Answer: Ask questions, help them, or do something they love
Explanation:
Some of the positive ways of impacting ones family circle is by asking questions, helping other members of our family and by doing something that they love.
We shouldn't be self centered by showing them what we love such as our favorite music, movies, and TV shows. Rather, we should listen to them and give them listening hears and always help them when there is need for our help.
The correct option is D.
What extra qualifications are required for a broker's application of a community association manager
The applicant for a broker's application of a community association manager must finish an additional 75 hours of approved courses.
What is a broker's obligation in an agency relationship?All of the obligations a real estate agent or broker has in their relationship with a client are known as fiduciary duties. The abbreviation OLDCAR can be used to condense these obligations, which are all in the client's best interest: obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care.
What are the three elements of brokerage success?The commercial real estate industry depends on timing, insider knowledge, and significant relationships. Being in the right location at the right time, knowing the right people, and possessing knowledge are the three requirements for success.
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Management has determined that your project must be completed by June 16. This date is an input to your planning process group and is considered what?
This date is an input to your planning process group and is considered Constraint and Organizational process asset.
Assets are any resources that a company or other economic entity owns or has control over in financial accounting. It encompasses anything that has the potential to generate gains in the economy. The ownership value of an asset is represented by its cash-convertible value. A company's assets are valued in dollars and are listed on its balance sheet. Money and other assets that belong to a person or a company are covered. Both tangible and intangible assets may be categorised into primary asset groups. Different subcategories of tangible assets exist, including current assets and fixed assets. While fixed assets are things like real estate, buildings, and equipment, current assets are things like cash, inventory, and accounts receivable.
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The sales charge on a fund with a Net Asset Value of $9.50 and a Public Offering Price of $10.00 is:
The greatest overall "front-end load" or sales fee that might be tacked on to the acquisition of mechanical fund shares. This compensation reimburses a financial expert for their services.
Why is $1 NAV important?The primary safety element of the money market funds is a stable negative asset value (NAV). Because it consistently maintains a $1.00 value, a stable NAV suggests that the likelihood of the fund squandering principal or "breaking a buck" is reduced.
How do you factor in NAV and sales fee when calculating pop?The POP is the total of the sales fee and net asset value that an owner must pay in order to invest. Navi + Scs = POP is the equation used to calculate the POP. The net asset value of the mutual fund is multiplied by the sales charge to arrive at the POP, the public offering price.
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Corporate social responsibility is mainly concerned with how a company affects the ________.
A. Family B.investor C.community D. vendors E.stockholders
Corporate social responsibility is mainly concerned with how a company affects the Family .option a is correct.
How does corporate social responsibility work?A wide business term is corporate social responsibility (CSR). It typically refers to a business's commitment to operating in an ethical manner. This entails managing their company operations while taking into account their effects on the social, economic, and environmental landscape as well as human rights. Corporate social responsibility is a type of global private business self-regulation that tries to support philanthropic, activist, or altruistic societal goals by participating in or encouraging volunteerism or ethically sound business activities.
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What are the 2 types of credit?
Open credit score, additionally called open-quit credit score, and Closed credit score, additionally called closed-quit credit score, are the 2 main types of credit.
Credit is the ability to obtain goods or services or to borrow money with the intention of paying for them later. A credit is a transaction that demonstrates a decrease in assets or a rise in liabilities along with a decrease in expenses or an increase in income.
When you have open credit, also known as open-end credit, such as on credit cards and personal loans, you can keep using it as long as you make interest payments. When you seek a specific amount of money, receive it, and then pay it back over time in clearly specified increments, that is closed credit, also known as closed-end credit.
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does Deacetylation of histone tails in chromatin loosens the association between nucleosomes and DNA.
Yes, it is true under observation that the process of deacetylation of histone tails in the chromatin helps in loosening up the association that exists between the nucleosomes and the DNA.
The process of deacetylation can be referred to or considered as the one wherein the structure of chromatin becomes more closed. The result of this process is that the histone tails cause the connectivity between the factors like the nucleosomes and the DNA are freed to a larger extent. This is a highly important process for the chromatin.
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The JB Shop paid $1,990 in interest and $1,850 in dividends last year. The times interest earned ratio is 2.2 and the depreciation expense is $520. What is the value of the cash coverage ratio
The value of the cash coverage ratio is 2.46.
EBIT = 2.2 × $1,990 = $4,378
Cash coverage ratio = ($4,378 + $520)/$1,990 = 2.46
A coverage ratio, extensively, is a metric supposed to measure a company's ability to carry its debt and meet its financial duties, including interest bills or dividends. The better the coverage ratio, the less complicated it needs to be to make interest payments on its debt or pay dividends. The trend of coverage ratios over the years is also studied by way of analysts and traders to envision the exchange in an employer's monetary role.
Coverage ratios are available in several pieces of paperwork and can be used to assist pick out companies in a potentially troubled economic situation, even though low ratios aren't always a demonstration that an organization is in a monetary problem. Many elements cross into figuring out those ratios and a deeper dive into an organization's financial statements are often endorsed to check an enterprise's health.
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a ____ operation searches data in a table and retrieves records based on certain criteria.
In a relational database model, a select operation searches data in a table and retrieves records based on specific criteria. The correct option is (d).
What are database used for?
Businesses utilize the information contained in database help make smart business choices.
Observe your consumers. Information on people, such that of clients or users, is frequently stored in databases. Social media networks, for instance, employ warehouses to keep user data including names, email addresses, and usage patterns. The information is put to use to optimize the user experience and propose content to consumers.Protected personal health data. Datasets are used by healthcare practitioners to safely preserve patient information that will help them deliver better treatment.CQ
In a relational database model, a(n) ____ operation searches data in a table and retrieves records based on specific criteria.
(a) join (b) relation (c) find (d) select
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Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of lease does Jim have
Index Lease A sort of graded lease in which the periodic rent increase are related to rises in the consumer price index, or some other economic indicator.
An index lease links a rental rate to a generally recognized price index that takes cost of living fluctuations into account. This enables landlords to increase the rent anytime the lease is reevaluated, which normally occurs once a year, in line with developments in the economy. In contrast, a step lease requires periodic increases of a specific percentage regardless of the current cost of living. To avoid any misunderstanding, the contract for an index lease states which index will be utilized. A popular option is the Consumer Price Index (CPI), which represents the prices people actually pay for products and services in the economy. Depending on whether a lease is for a home or a business, additional indicators.
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What are the 4 factors that influence a purchasing decision?
Cultural, social, personal and psychological are the four factors that influence a purchasing decision .
The appeal of a product can be greatly influenced by cultural and societal influences. Industry organisations invest a lot of money in trying to sway public opinion because they are aware of how culture can affect industry sales. When developing your marketing, keep cultural and social issues in mind. Without offending anyone, you want to draw in as many clients as you can. Consumer behaviour is also influenced by personal variables. Tastes evolve with time. Experts on ageing claim that senior consumer behaviour is extremely varied, indicating that on average, seniors have more motives to make purchases than youth. Motivation refers to the consumer's underlying requirements. A valuable tool is knowing how to inspire your customers. how your potential buyer learns about your goods or views the world.
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An ADR has been issued where each ADR equals .1111 ordinary shares of the foreign issuer. If a client wished to buy enough ADRs to cover 100 ordinary shares, how many ADRs must be purchased
1111 ordinary shares of the foreign issuer are represented by each ADR that has been issued. How many ADRs would need to be purchased if a customer wanted to purchase enough to cover 100 ordinary shares.
900, as each ADR is equal. A foreign security held at a foreign office of a U.S. bank is known as an American Depositary Receipt. The bank issues receipts in exchange for these ordinary shares, which are listed and traded on U.S. stock exchanges and registered in the country as securities. The number of advancing shares divided by the number of decreasing shares is known as the advance-decline ratio.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Which expense can be paid for with a flexible spending account (FSA)?
A. car insurance deductible
B. child care
C. mortgage payment
D. unexpected home repair
Answer:
A - car insurence duductible
Explanation:
So, a flexible spending account, which is given to each person in USA who is employed, contains a maximum of 2.75k dollars. Remember, this is yearly, not monthly.
Knowing this, lets see what is affordable in the list below.
So unextpected home repair. I havent repaired a home, thats what my parents do. But if you research, home repair varies. But the maximum cost is about 5k or higher for most things. This is defintaly above 2.75k dollars.
So this is not something that could be paided for.
Next we have mortgage payment.
This is about 400-1000+ dollars monthly. Remember though, the FSA is yearly, so when you think about this. Its at least 4.8k to 12k+ dollars.
So this is not something that could be paided for.
Next we have child care.
Child care can vary, but on the overall it is more expensive than FSA, With a varying of 400 to 1k+ a month, which is 4.8k to 12k+ a year.
So this is not something that could be paid for.
Lastly, we have car insurence deductible. After some research, I found that this is only about 500-1k dollars or so yearly, which is below the FSA's 2.75k.
Answer:
A(car insurence deductible)
Hope this helps!
An expense that can be paid for by using a Flexible Spending Account (FSA) is A. car insurance deductibles.
What can an FSA be used for?A Flexible Spending Account allows for one to be able to pay for expenses that are lower than its annual limit.
Car insurance deductibles are usually low enough to be paid for from this account because they usually stay under $1,000 for the year. This can be paid for by the $2,750 FSA annual limit.
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Why is competition good for the consumer in a free enterprise system?
The competition in a free enterprise system is good for consumer because it allows consumer to have the ultimate voice in the economy, starting from the ultimte pices of goods, types of products needed, and whether a product is a success or a fail.
Free enterprise sytem or free market refers to an economy where the government role in the market and its intervention are limited almost to none. The government has almost zero control to the economy and allows the market to determine the products and prices.
Free enterprise system is not regulated by the government but by a set of legal rules, such as property rights, contracts, and competitive bidding. Free enterprise system beliefs that the government intervention would hinder the economy growth. Free enterprise system tends to result in capitalism.
Free enteprise system allows more freedom and aims for higher market efficiency from lower taxes and regulation. Free enterprise system ensures consumer rights and financial security and stability. Free enterprises system provides greater economic opportunities with lower entry and exit barrier to the economy. However free enterprise system might be more vulnerable to several economic crisis with no intervention from the government.
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Answer:
B
Explanation:
In business forecasting, what is usually considered a short-term time period?
A. Four weeks or less
B. More than three months
C. Six months or more
D. Less than three months
E. One year
Option A is correct. Four weeks or less is usually considered a short-term time period in business forecasting.
What is business forecasting?Business forecasting is the process of predicting future events and conditions in the business environment. This can include forecasting sales, demand for products or services, and economic trends. Business forecasting can be used to inform strategic planning, budgeting, and decision making. It is typically used to make short-term predictions (4 weeks or less) and long-term predictions (6 months or more) and it's important for companies to have a good understanding of the economic and industry trends that will impact their business, so they can make informed decisions about their operations and investments. Business forecasting can be done using a variety of techniques, including statistical analysis, trend analysis, and expert opinions.
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Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as: Question 26 options: part of the labor force. not in the labor force. employed. unemployed.
Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as not in the labor force.
The labor force, often referred to as the labor force, refers to the group of people who are employed or unemployed. It is often used to refer to employees who work for a company or an industry, but it can also refer to a geographic area such as a city, state, or country.
The value of a company's "incumbent workforce" can be labeled. A country's labor force includes both the employed and the unemployed. Formal work is defined as any type of formal structured and paid work.
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