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1 year ago

When responding to a message, what should a professional always do? Choose 2 answers.

1 answer:

4 0

When responding to a message, by virtue of the communications etiquette, a professional will always do the followings:

A. End on a positive note.
B. Respond within 24 hours.

<h3>Why is communications etiquette important?</h3>

Basically, a communication etiquette means the accepted ways of communicating with others in the workplace. A typical communication etiquette includes behavior and strategies that can help you relay information clearly while maintaining positive relationships with your supervisors, colleagues and clients.

Adhering to communications etiquette can label someone as an effective communicator, suggesting that you possess leadership qualities and potentially leading to greater professional opportunities in the future.

Read more about communications etiquette

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Which term describes the inability of a market to bring about the allocation of resources that best satisfies the wants of socie

guajiro [1.7K]

It should be noted that the inefficient allocation if resources is market failure.

<h3>What is market failure? </h3>

It should be noted that market failure simply means the inefficient distribution of goods and services.

Market failure is the the inability of a market to bring about the allocation of resources that best satisfies the wants of society.

Learn more about market failure on:

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5 0

2 years ago

Scout Company sold $15.000 of merchandise in September with a three-month warranty. The cost to repair defects under warranty is

chubhunter [2.5K]

Answer: debit to Product Warranty Expense for $750

Explanation: 5% of $15000 =

5 ÷ 100 × $15000 is $750.

This is an expense and so will be a debit.

8 0

3 years ago

The Most recent financial statements for Moose Tours, Inc., appear below. Sales for 2016 are projected to grow by 20 percent. In

Aneli [31]

Answer:

$5,006.07

Explanation:

The external financing needed = Projected Increase in Assets - Increase in Liabilities - Increase in Retained Earnings

Projected Increase in Asset = Assets Value*Sales Growth Rate

Projected Increase in Assets = $364,720 * 20%

Projected Increase in Assets = $72,944

Increase in Liabilities = Liabilities * Sales Growth Rate

Increase in Liabilities = $69,600 * 20%

Increase in Liabilities = $13,920

<em>To calculate the Increase in Retained Earning, the below calculations are needed:</em>

a. Profit Margin Rate = Net Income / Sales * 100

Profit Margin Rate = 75,000 / 751,000 * 100

Profit Margin Rate = 9.99%

b. Dividend Payout Ratio = Dividend / Net Income * 100

Dividend Payout Ratio = 30,000 / 75,000 * 100

Dividend Payout Ratio = 0.4

Dividend Payout Ratio = 40%

Retention Rate = 1 - Dividend Payout Ratio

Retention Rate = 1 - 0.40

Retention Rate = 0.60

Retention Rate = 60%

c. Expected Sales = $751,000 * 1.20 = $901,200

So, the Increase in Retained Earning = Expected Sales * Profit Margin * Retention Rate = $901,200 *9.99% * 60% = $54,017.93

Therefore, External Fund Needed = $72,944 - $13,920 - $54,017.93 = $5,006.07

3 0

3 years ago

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) identify the

romanna [79]

Answer:

Please see explanation.

Explanation:

1. and 2.

Type of accounts Normal balance

a. Cash asset Debit

b. Legal Expense expense Debit

c. Prepaid Insurance asset Debit

d. Land asset Debit

e. Accounts Receivable asset Debit

f. Dividends equity Debit

g. License Fee Revenue revenue Credit

h. Unearned Revenue liability Credit

i. Fees Earned revenue Credit

j. Equipment asset Debit

k. Notes Payable liability Credit

l. Common Stock equity Credit

Journal entries to increase the balance:

Dr Cr

a. Cash Cash Revenue

b. Legal Expense Legal expenses Cash

c. Prepaid Insurance Prepaid Insurance Cash

d. Land Land Cash

e. Accounts Receivable Accounts receivable Revenue

f. Dividends Retained earnings cash

g. License Fee Revenue Cash License Fee Revenue

h. Unearned Revenue Cash Unearned revenue

i. Fees Earned Cash Fees Earned

j. Equipment Equipment Cash

k. Notes Payable Cash Notes Payable

l. Common Stock Cash Common Stock

7 0

3 years ago

For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually regarded as favorable or unfavora

xz_007 [3.2K]

Answer:

1. Favorable

2. Unfavorable

3. Unfavorable

4. Favorable

5. Favorable

6. Unfavorable

7. Favorable

8. Favorable

Explanation:

1. Favorable

Less Profit is now being earned per sale

2. Unfavorable

More Debt more Financial risk

3. Unfavorable

Less Profit is now being earned per sale

4. Favorable

A lower ratio is good shows efficiency utilization of resources

5. Favorable

The company is efficient in collection of debt

6. Unfavorable

The earning per share is lower

7. Favorable

More efficient in inventory management

8. Favorable

More return given to investors

3 0

3 years ago