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Inessa05 [86]
3 years ago
10

You've arrived at the Pecan Shellers conference—your first networking opportunity. Naturally, you're feeling nervous, but to avo

id seeming insecure or uncertain, you've decided to
A. speak a little louder than you would normally.
B. talk on your cell phone as you walk around.
C. hold an empowered image of yourself in your mind.
D. square your shoulders before entering the room.
Business
2 answers:
klio [65]3 years ago
7 0
A do letter a thank you
likoan [24]3 years ago
3 0

You've arrived at the Pecan Shellers conference—your first networking opportunity. Naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to

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In a global context, economic development is _________________ correlated with the level and efficiency of financial markets and
o-na [289]

Answer:

Highly

Explanation:

In a global context, economic development is highly correlated with the level and efficiency of financial markets and institutions.

Financial markets can be defined as any marketplace where the trading of securities occurs.

Types of financial markets includes:

1. Money market

2. Foreign exchange market (forex)

3. Bond market

4. Over the counter market

5. Stock market

Economic development refers to the process by which a state improves the economic, political, and social well-being of its citizens. It involves structural transformation, technological innovation and industrial upgrading which will increase labor productivity and improvements in infrastructure.

Stages of economics development includes:

1. Traditional stage

2. Pre-condition for take off stage

3. Take off stage

4. Drive to maturity stage

5. Age of high mass consumption stage

Answer:

Highly

Explanation:

In a global context, economic development is highly correlated with the level and efficiency of financial markets and institutions.

3 0
3 years ago
Which of the following is not a related party transaction? a) Acme Corporation leases office space to Norton Company. Mr. and Mr
KengaRu [80]

Answer:

c) Beth Teal pays $15,000 a year to her gardener, Ben. Beth is Ben's grandmother.

Explanation:

A related party transaction is any business transaction that takes place between entities that share some type of common interest, e.g. a parent company leasing a factory to one of its subsidiaries. They are legal, but the potential for conflicts of interest exist. Following the example, if the lease price is higher than fair market price, then the transaction could be considered fraudulent. The SEC requires that publicly traded corporations disclose all related party transactions.

7 0
3 years ago
The main difference between activity -based costing and traditional costing systems is that activity -based costing uses a separ
Yuki888 [10]

Answer:

True

Explanation:

True

in activity based costing system the cost for each activity is assigned on the basis of past consumption by each activity. Therefore cost on each activity of product and service is induced. As a result of which more overhead cost need to assigned over direct cost.

However in the traditional style of costing the main concern is on profit.  It is less accurate and but simple than activity base costing system.

4 0
4 years ago
Ted Riley owns a Lexus worth $40,000. He owns a home worth $275,000. He has a checking account with $800 in it and a savings acc
soldier1979 [14.2K]

Answer:

Ted's net worth: 341,100

Explanation:

  • Lexus 40,000
  • Home 275,000
  • Checking account 800
  • Savings account 1,900
  • Mutual fund 110,000
  • Personal assets 90,000

Total Assets: 517,700

  • Car debt 25,000
  • Home debt 150,000
  • Credit card 1.600

Total Liabilities: 176,600

Net Worth: 341,100

6 0
3 years ago
During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 80,000 mini refrigerators, of whi
IRISSAK [1]

Answer:

<u>1. Income statement based on the absorption costing concept.* </u>

Sales                                                                                       $10,800,000.00

Less Cost of Goods Sold

Beginning Inventory                                         $0

Add Cost of Goods Manufactured           $9,600,000.00

Less Ending Inventory                                ($960,000.00) ($8,640,000.00)

Gross Profit                                                                             $2,160,000.00

Less Expenses :

Selling and administrative expenses:

Variable                                                      $1,080,000.00

Fixed                                                              $180,000.00  ($1,260,000.00)

Net Income/(loss)                                                                     $900,000.00

<u>2. Income statement based on the variable costing concept.*</u>

Sales                                                                                       $10,800,000.00

Less Cost of Goods Sold

Beginning Inventory                                         $0

Add Cost of Goods Manufactured           9,280,000.00

Less Ending Inventory                              ($928,000.00)   ($8,352,000.00)

Contribution                                                                             $2,448,000.00

Less Expenses :

Fixed manufacturing cost                            $320,000.00

Selling and administrative expenses:

Variable                                                      $1,080,000.00

Fixed                                                              $180,000.00  ($1,580,000.00)

Net Income/(loss)                                                                     $868,000.00

3. Reason

Fixed Costs that are deferred in Ending Inventory units under adsorption costing has resulted in absorption costing having a larger profit.

Explanation:

Production units             80,000

Less units Sold              (72,000)

Ending Inventory units     8,000

absorption costing calculations

<u>Manufacturing Cost - absorption costing</u>

                                                             $

Direct materials                         6,400,000.00

Direct labor                                 1,600,000.00

Variable manufacturing cost     1,280,000.00

Fixed manufacturing cost            320,000.00

Total Manufacturing Cost         9,600,000.00

Ending Inventory = 9,600,000.00 × 8,000/ 80,000

                             = $960,000

variable costing calculations

<u>Manufacturing Cost - variable costing</u>

                                                             $

Direct materials                         6,400,000.00

Direct labor                                 1,600,000.00

Variable manufacturing cost     1,280,000.00

Total Manufacturing Cost         9,280,000.00

Ending Inventory = 9,280,000.00 × 8,000/ 80,000

                             = $928,000

6 0
4 years ago
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