One salesperson can update client contact information while also updating the same information for all other employees thanks to a management information system in place at the company.
How do you define a management information system?Management information systems are the study of people, technology, organizations, and their interactions (MIS). MIS experts help firms make the most of their investments in personnel, technology, and administrative processes.
Who is in charge of managing information?Information management is primarily the owner's job, followed by that of any additional stakeholders who may have a stake in the information, or the data owner.
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if an american woman purchases a pair of shoes in a local shoe store made by an american owned company located in italy, what would happen to consumption and gdp as a result?
If an American woman purchases a pair of shoes in a local shoe store, it would increase Consumption and GDP.
What is GDP?GDP is a monetary measure of the market value of all the final goods and services produced and sold in a specific period by countries. Due to its complex and subjective nature, this measure is often revised before being considered a reliable indicator.
GDP per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. Therefore, using a basis of GDP per capita at purchasing power parity may be more useful when comparing living standards between nations, while nominal GDP is more useful when comparing national economies on the international market.
The ratio of GDP to the total population of the region is the per capita GDP.
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what is a misunderstanding that can be clarified by a flowchart? multiple choice increased insurance premiums
A misunderstanding that can be clarified by a flowchart is the lack of payment from the client.
A flowchart is a sequential diagram of the individual steps of a process. It is a versatile tool that can be customized for many purposes and can be used to describe many different processes. B. Manufacturing Processes, Administrative or Service Processes, or Project Planning.
A flowchart is a type of diagram that represents a workflow or process. A flowchart can also be defined as a schematic representation of an algorithm, a step-by-step approach to solving a task. Flowcharts show the steps as different types of boxes and connect the boxes with arrows to indicate their order.
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ricardian equivalence maintains that an increase in government spending financed by debt will result in a corresponding increase in
The Ricardian Equivalence proposition continues that a government can not stimulate purchaser spending in sick that once the authorities increase debt-financed spending, the call for the aid of people and families remains identical.
If Ricardian equivalence holds completely authentic, then any increase in authorities expenditure that increases the budget deficit might lead to a corresponding lower in consumption expenditure, as households keep greater anticipation in their destiny tax legal responsibility.
Ricardian equivalence continues that authorities' deficit spending is equivalent to spending out of cutting-edge taxes. because taxpayers will store to pay the predicted future taxes, this will generally tend to offset the macroeconomic consequences of increased government spending.
The Ricardian Equivalence principle assumes that purchasers can foresee expanded taxation properly into the future. It assumes that purchasers shop extra income to cover destiny liabilities (improved tax). If the Ricardian strategy fails, it can carry recession, monetary crisis, and immoderate money owed.
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According to o*net, what is another name used for financial analysts? provisional officer credit products officer wealth advisor certified financial planner (cfp)
D) According to ONET, another name is used for financial analysts' certified financial planners (CFP).
A Certified Financial Planner (CFP) is a professional designation granted by the Certified Financial Planner Board of Standards to those who have completed a series of educational requirements, passed an exam, and met other ethical and experience requirements.
CFPs are trained to provide advice on a variety of financial topics, including investments, retirement planning, estate planning, insurance, and tax planning. Financial Analysts and Certified Financial Planners are often considered interchangeable, as both provide similar services.
Therefore, the correct answer is D) Certified Financial Planner (CFP).
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Answer:
credit products officer
Explanation:
edge
when operating cash flows are calculated using the indirect method, if accounts receivable balance increased, then the change is ______.
If the accounts receivable balance decreased when operational cash flows are computed using the indirect method, the difference is added to net income since more money was collected than was earned during the period.
How are cash flows affected by changes in accounts receivable?Customers paying out their credit balances as AR falls bring in more revenue for your company. The reduction in the AR will be offset by an increase in net earnings. Just to be clear, on the cash flow statement, a rise in receivables indicates a decrease in cash, and a fall in it indicates an increase.
When the investment in accounts receivable is higher, there is less cash available to cover financial outflows like paying bills. The annual sales volume and the accounts receivable balance from the prior year are typically accurate enough to be used in the analysis and management of your cash flow.
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An automotive company tests the driving capabilities of its self-driving car prototype. They carry out the tests on various types of roadways- specifically, a race track, trail track, and dirt road. The researchers only test the pro totype during the daytime. They collect two types of data: sensor data from the car during the drives and video of the drives cameras on the car. They review the data after the initial tests. The results illustrate that the new self-driving car meets the performance standards across each of the roadways, As a result, the car can progress to the next phase of testing, which will include driving in various weather conditions. Reflection
Consider this scenario: What are the examples of fair or unfair practices? How could a data analyst correct the unfair practices?
Any company activity or action that is dishonest, fraudulent, or harms consumers is considered an unfair commercial practice. Acts that are seen as illegal, such as those that disobey consumer protection laws, might be included in these practices.
UNFAIR TRADE PRACTICES:
Fraudulent free gift or prize offers, non-compliance with production standards, false advertising, and deceptive pricing are just a few instances of unfair commrecial practices.FAIR TRADE PRACTICES:
According to the Rules of Fair Practice, American broker-dealers must be loyal to and treat consumers fairly. The Rules of Fair Practice include specific instructions on how brokers should uphold FINRA's objective, which is to safeguard investors and uphold the market's integrity. They were created by the National Association of Securities Dealers and are currently overseen by that organization. The whole range of legal obligations as outlined by securities laws are in addition to the Rules of Fair Practice, which establish and promote ethical standards.
What is data analytics:Data analytics is the process of examining data sets to spot trends and draw conclusions about the information they contain (DA). Data analytics is the study of analysing unprocessed data to make conclusions about such data.
Data analytics are needed to comprehend trends or patterns from the vast volumes of information being acquired. It helps businesses optimize their performance.
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what two construction associations offer voluntary certification programs for construction managers? group of answer choices american institute of constructors (aic) american institute of builders (aib) construction management association of america (cmaa) associated school of construction (asc)
American institute of constructors (AIC) and construction management association of America (CMAA) are the two institutes that offer voluntary certification programs for construction managers. Therefore, the options A and C hold true.
Construction managers can be referred to or considered as the professionals who are responsible for fulfilling the managerial duties and functions related to a project that involves construction activities. They need to get certified before being able to practice under the delegation of the name, as such.
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to ensure a taxpayer meets the due diligence requirements for the earned income credit (eic), what are the four due diligence requirements?
The Four Steps of Due Diligence- Complete Form 8867 and submit it. Tax Regulation § 1.6695-2(b)(1) Determine the credits. Tax Regulation § 1.6695-2(b)(2) ... \knowledge. Section 1.6695-2(b)(3) of the Treas. Reg. Recordkeeping for three years.
Due Diligence Requires Four Conditions: Complete Form 8867, Paid Preparer's Due Diligence Checklist, and attach it to your return. Make sure any advantage stated is backed up by data. Ask the taxpayer the right questions. Keep records for three years. Due diligence is the process of vetting potential business partners (DD). The due diligence process is an organized way to carefully examine each area of a company and is an essential part of any large transaction like mergers and acquisitions. a checklist for doing your homework. Investors are required to perform due diligence prior to entering into any agreements or contracts with third parties. This checklist aims to outline the due diligence process that potential investors will use when considering an investment in your business.
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the starting point for preparing the operating activities section using the indirect method is .multiple choice question.ending cash balancenet incomecurrent liabilitiescurrent assets
The starting point for preparing the operating activities section using the indirect method is net income.
Sales less cost of goods sold, selling, general and administrative costs, operating costs, depreciation, interest, taxes, and other costs are computed as net income (NI), also known as net earnings. Investors can use this figure to determine how much a company's revenue exceeds its costs. This figure is a measure of a company's profitability and may be found on the income statement.
NI is the remaining amount after taxes and other deductions have been subtracted from gross income, which is the individual's total income or pre-tax income. To determine their taxable income, which is the amount used by the Internal Revenue Service to compute income tax, taxpayers deduct expenses from their gross income. The discrepancy between a person's taxable income and income tax.
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match the following terms to their definitions. question content area bottom part 1 definition term a. a record used to assign direct labor cost to specific jobs. b. a document that requests the transfer of materials to the production floor. c. a document that shows the direct materials, direct labor, and manufacturing overhead costs for an individual job. d. an accounting system that accumulates costs by process. e. the production of a unique product or specialized service. f. used by companies that manufacture unique products or provide specialized services.
A document that lists the direct materials, direct labor, and manufacturing overhead expenses for a single work is used to assign direct labor costs to specific jobs.
A document used by businesses that produce unique items or offer specialized services that demands the transfer of materials to the manufacturing floor.
A method of accounting that tracks expenses as they are incurred during the creation of a special product or service.
A job cost record is what is it?The costs of direct materials, direct labor, and overhead to be applied to a particular job are included in a work cost record. It serves as a starting point for a job costing system, which accumulates expenses for groups of units.
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the market value of the equity of nina, incorporated, is $596,000. the balance sheet shows $35,000 in cash and $206,000 in debt, while the income statement has ebit of $107,000 and a total of $151,000 in depreciation and amortization. what is the enterprise value-ebitda multiple for this company? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
3.25 times is the enterprise value-Ebitda multiple for this company.
How do you calculate the value-ebitda multiple for the company?Given:
Market value of equity = $596,000
Cash = $35,000
Debt = $206,000
EBIT = $107,000
Depreciation and Amortization = $151,000
Calculation:
Enterprise value = (Market value of equity + Value of debt - Cash)
Enterprise value = $580,000 + $190,000 - $35,000
Enterprise value = $735,000
EBITDA = EBIT + Depreciation and amortization
EBITDA = $91,000 + $135,000
EBITDA = $226,000
EBITDA multiple = Enterprise Value / EBITDA
EBITDA multiple = $735,000 / $226,000
EBITDA multiple = $735,000 / $226,000
EBITDA multiple = 3.25 times
Therefore, for this company, the enterprise value-Ebitda multiple is 3.25 times.
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riverton, inc. declares a small stock dividend of 8.0% of the outstanding shares of common stock. currently, riverton, inc. has 1,575,000 shares of $1 par value common stock outstanding. the current market price of the stock is $121.28 per share. riverton partners will record a stock dividend in the amount of:
For small stock dividends, retained earnings are reduced by market value:
(1.575,000 shares) x (at an 8.0% market value) x (of $121.28 per share) =
Stock Dividends = 1.575,000 x 8.0% x $121.28
Stock Dividends = 1,52,81,280
A stock dividend is a dividend payment to shareholders that is made in the form of stock rather than cash. The stock dividend rewards shareholders while not depleting the company's cash reserves.
Typically, stock distributions are made in the form of fractions paid per existing share. If a company declares a 5% stock dividend, it must provide 0.05 shares for each existing shareholder's share. The owner of 100 shares would receive an additional five shares.
Stock dividends, like stock splits, dilute the share price, but they have no effect on the company's value, unlike cash dividends.
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which is the most appropriate financial statement to use to determine if a company obtained financing during a year by issuing debt or equity securities?
Statement of cash flow is the most appropriate financial statement to use to determine if a company obtained financing during a year by issuing debt or equity securities.
What do you mean by Cash flow?
A cash flow statement lists all of the cash and cash equivalents that come into and go out of a business. A company's cash management, especially how successfully it earns cash, is highlighted by the CFS. The balance sheet and income statement are enhanced by this financial statement. The statement's main objective is to give pertinent details regarding the agency's cash revenues and cash payments over a specific time period. The operating section of the cash flow statement concludes with net cash provided (used) by operating activities, regardless of whether the direct method is applied or the indirect method. The cash flow statement's most significant line item is this one.working capital flow.investing incoming cash.funding the financial flow.To know more about cash here
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economic development that meets the needs of the present without compromising the needs of future generations is called
Development that is sustainable is one which satisfies existing demands without jeopardizing the capacity of future generations to satisfy their own needs.
What is social development that is sustainable?It is seen as a non-declining public value that accounts for activity-related technological, ecological, and social constraints. In order to be sustainable, development must not only promote economic growth but also ensure that economic activity is compatible with social, environmental, and intellectual concerns.
What are the definition and guiding principles of the green economy?In a green economy, infrastructure and assets that enable decreased carbon emissions and pollution, improved energy and resource efficiency, and the prevention of the loss of biodiversity and ecosystem services are what generate growth in employment and income.
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a fixed asset with a cost of $30,000 and accumulated depreciation of $28500 is sold for $3500 what is the amount of the gain or loss on disposal of the fixed asset
the amount of the gain or loss on disposal of the fixed asset is $2,000 gain.
In item-oriented programming, the dispose sample is a design pattern for resource control. in this sample, a resource is held via an object, and launched by using calling a traditional approach – commonly known as near, dispose, unfastened, release depending at the language – which releases any resources the object is preserving onto. Many programming languages offer language constructs to keep away from having to name the dispose approach explicitly in common conditions. The dispose pattern is often utilized in languages whose runtime environment have automated garbage collection (see motivation below).
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What is the meaning of wiki a wiki helps to communicate effectively?
The meaning of wiki can be used to describe something that helps in communication in an effective way.
Effective communication can be referred to or considered as a communication, which includes a higher degree of involvement or engagement in the interaction between two or more persons. A wiki is someone who is involved in the development of a precisely effective communication as a process of interaction. Moreover, an effective communication is the expertise, and completely in the domain of a wiki.
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if, in response to an increase in the price of chocolate the quantity of chocolate demanded decreases, then economists would describe this as
If, in response to an increase in the price of chocolate the quantity of chocolate demanded decreases, then economists would describe this as a decrease in quantity demanded.
Economists have a look at the manufacturing and distribution of sources, items, and offerings via accumulating and studying facts, discovering traits, and evaluating economic problems.
A person with an economics degree will locate that they are employable in many regions, regardless of the specific industry that they'll paintings in. There is robust demand for graduates with understanding of economics during the global labor market.
An economist is a person who studies the reasoning behind choices humans make and is interested by the usage of facts to boost income, create better public policy or conduct research.
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use the following data from mayonnaise manufacturing co. to identify the revenues from sales of finished goods for the year.
In mayonnaise manufacturing, egg yolk is used as an emulsifier at a stage usually among 4% and 8%. Water makes up the non-stop phase of the method at five-15% with various other additives for taste including salt, sugar.
The classic way to make mayonnaise calls for a whisk, steel bowl, sturdy fingers and patience! as an alternative, to prepare homemade mayonnaise, I suggest the usage of a mixer. We also can use a blender, but the end result might be a stiffer and less fluffy sauce.
Whilst some culinary historians have a look at that a mayonnaise-like aggregate of olive oil and egg become fed on by way of historical Egyptians and Romans, the mayonnaise that we recognize today—an emulsion of oil, egg and lemon juice and/or vinegar, plus seasonings—become advanced by means of one of the notable chefs of France.
On the coronary heart of the debate is the definition of mayonnaise. in step with the FDA, mayonnaise is defined as a aggregate of vegetable oil, vinegar, egg yolk, and lemon juice. Hampton Creek, however, created a line of "simply Mayo" products which are eggless and produced from vegetation as a substitute.
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nimit was reimbursed in 2021 by his insurance company for a medical expense that he had previously deducted on his 2020 schedule a (form 1040), itemized deductions. what is the tax treatment of the recovered medical expense, in any?
The amount recovered should be included in income on the 2021 tax return is the correct statement.
Taxes are mandatory contributions levied on individuals or corporations by a central authority entity—whether nearby, regional, or countrywide. Tax sales finance government sports, such as public works and offerings consisting of roads and schools, or applications consisting of Social Safety and Medicare.
It derives from the Latin taxable which means 'to evaluate. earlier than that, English used the associated phrase 'project', derived from old French. For a while, 'project' and 'tax' have been each in no unusual use, the primary requiring labor, the second one money.
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Because China has abundant low-wage workers, it can efficiently produce ______-intensive goods.
Because China has abundant low-wage workers, it can efficiently produce labor-intensive goods.
Industries that produce products and services requiring a large quantity of labor reffered to as labor-intensive industries . Labor-intensive industries are determined by the amount of capital needed to produce the services and goods. Examples of labor-intensive industries include mining, agriculture, hospitality, and food service. In the context of China which has a vast quantity of low-wage employees, the country can efficiently produce labor-intensive goods.
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janice (63) shared a home all year with her son, antonio (41), and antonio's son, dante (23). they were all u.s. citizens, lived in the u.s. all year, and all had valid ssns valid for employment. janice and antonio worked full-time. dante was a part-time student during the year; he took one class at the local community college. he had no income. no one else lived in the home. janice had earned income and an adjusted gross income of $23,459. she had no foreign income or investment income. antonio had earned income and an adjusted gross income of $32,500. he had no foreign income or investment income. who, if anyone, is eligible to claim and receive the earned income credit?
Janice earned a living and had an adjusted gross income of $23459. Antonio has made $32,500. So, Either Janice or Antonio but not both is eligible to claim and receive the earned income credit.
The majority of people who work but do not make a significant salary can take advantage of the earned income credit (EIC), a refundable tax benefit. The EIC's goal is to lessen taxpayers' tax burdens and increase the income of working families whose salaries are below the filing status maximums. AGI Limits and Earned Income
There must be earned income for you to be eligible for this credit.
You must fulfill the relationship, age, residency, and joint return requirements if you have a qualified kid. The entire year, Janice (63), her son Antonio (41), and Antonio's son resided in this home together. Janice earned a living and had an adjusted gross income of $23459. She had no investments or income from abroad. Antonio has made $32,500.
So, Either Janice or Antonio but not both is eligible to claim and receive the earned income credit.
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sales are $2.52 million in 2020, $2.62 million in 2021, and $2.42 million in 2022. what is the percentage change from 2020 to 2021? what is the percentage change from 2021 to 2022? be sure to indicate whether the percentage change is an increase or a decrease. (round your answers to 1 decimal place.)
The percentage change in sales from the year 2021 to 2022 is 4.0% increase where sales are $2.52 million in 2020, $2.62 million in 2021, and $2.42 million in 2022.
let given data,
sales in 2020 = $2.52 million
sales in 2021 = $2.62 million
sales in 2022 = $2.42 million
percentage change in sales = (current year sales - base year sales) /
base year sales x 100
= 2021 sales - 2020 sales / 2020 sales x 100
= 2.62million - 2.52million / 2.52 x 100
= 0.1million/ 2.52million x 100
= 0.040 x 100
= 4.0%
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the wilson inn sold 10,000 shares of $5 par value common stock for $30 per share. how much would be reported as sale of common stock on the statement of cash flows?
Reported as a sale of common stock on the statement of cash flows: $300,000.
The time period coins float refers to the internet amount of money and cash flows being transferred inside and out of a company. coins obtained represent inflows, while money spent represents outflows.
The cash flow statement includes cash made with the aid of the enterprise via operations, investment, and financing—the sum of which is referred to as internet coins that go with the flow. the first phase of the cash flow assertion is cash flow from operations, which includes transactions from all operational commercial enterprise activities. cash flow from operations is constituted of costs made as part of the normal route of operations. Examples of those coins outflows are payroll, the fee of products offered, hire, and utilities. cash outflows can vary extensively whilst enterprise operations are fantastically seasonal.
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using the technological innovation that you have selected for your final project, consider each of the quantitative and qualitative methods that were addressed in the textbook reading for choosing innovation projects. for each method, briefly discuss the applicability of that method for the business scenario provided for the final project. recommend a specific method or combination of methods to use for the business scenario. should you apply the recommendation, would the method recommend the same innovation that you chose in your final project milestone one? why or why not?
Analysis Paper: Innovation Project Evaluation Methods That Recommend Your Final Project Phase Innovation Selection
An innovation project is what?A document outlining strategies for implementing innovation activity programs that lead to the development of novel or considerably improved goods, services, and technologies is referred to as an innovation project.
What modern product is the most innovative?the Internet Since the internet is now utilized by so many people, it is difficult to envision life without it. It might be the most effective modern invention in this way.
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What are the characteristics of command economies?
The characteristics of command economies In a command economy, a significant. The government decides everything economically. The land is either owned by the government or a group of people and the production process. It is independent of supply-side economics.
Demand for that role in a market structure.The government is in control of the pricing of goods and services. The government makes all decisions for finances in the country, such as hourly rate of pay for workers. The government may even assign people the jobs. Since hourly rate of pay is regulated, also tending to be just enough to survive, people will tend to try and break the rules, such as sell stuff on the black market to make more money. The state has absolute power over all resources. The command economy has state-owned entities as well as privately-owned entities that are controlled by the state. People in power, such as politicians, give orders to buyers, sellers, and investors.
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for a natural monopolist, throughout the range of market demand. a. average cost increases b. there exist diseconomies of scale c. average cost remains constant d. marginal cost exceeds average cost
For a natural monopolist, throughout the range of market demand. average cost increases.
As Irving Fisher explained, a monopoly is an uncompetitive market that creates a situation in which a particular person or firm is the sole supplier of a particular thing.
A monopolist is a person, group or company that controls and controls the market for a particular good or service. This lack of competition and lack of alternative goods and services means that monopolists are powerful enough to charge high prices in the market. are best known for their historical importance and are Andrew Carnegie's Steel Company (now US Steel), John D. Rockefeller's Standard Oil Company, and the American Tobacco Company.
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which type of antitrust violation is so injurious to competition that its mere existence ordinarily constitutes unlawful conduct?
Cross-border pricing setting Some antitrust crimes, such as horizontal price fixing, harm competition so severely that they are ordinarily considered illegal just by their very existence.
Price fixing, bid rigging, and market division among rivals (often referred to as "horizontal agreements") are the most frequent violations of the Sherman Act and the ones that are most ordinarily to be criminally punished. Cartel offences are the harshest kind of antitrust infractions, including: Setting prices: Price fixing happens when two or more vendors who are in competition agree on the prices to charge, for example, by pledging to raise prices by a specific amount or to stop selling at a specific price.
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If losses exceed income since the company began operations, retained earnings will have a credit balance.a. Trueb. False
If losses exceed income since the company began operations retained earnings will have a credit balance that is False.
Retained earnings are the amount of profit left by a company after paying all direct costs indirect costs income taxes and dividends to shareholders. It represents, for example, a portion of the company's equity that can be used to invest in new equipment research and development and marketing.
If you sell your business the balance in the retained earnings account will be zero because the legal and accounting period of the business is gone. Retained earnings are the portion of a company's accumulated profits that are retained or retained and stored for future use.
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earnings per share is most useful in comparing earnings performance of one company with another.
a. true
b. false
Earnings per share is not useful in comparing earnings performance of one company with another. Therefore, the given statement is false and option (b) is the correct answer.
The profit of a corporation is divided by the number of outstanding shares of its common stock to arrive at earnings per share (EPS). A company's profitability can be estimated using the resulting number. It is typical for businesses to publish EPS that has been adjusted for unusual expenses and possible share dilution.
Net income, commonly referred to as profits or earnings, is computed as net income divided by the number of shares outstanding. For shares that might be produced by options, convertible debt, or warrants, a more precise computation modifies the numerator and denominator. If the equation's numerator is changed to account for ongoing processes, it becomes much more pertinent.
In the given question, due to the significant variations in the number of outstanding shares between organisations, earnings per share is not a helpful metric for comparing the financial performance of different businesses. Therefore, the given statement is false.
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what concept recognizes the linkages within logistics systems that result from the interaction of their components?
The trade-off notion acknowledges the connections within logistics systems that come about as a result of the interaction of its parts.
A trade-off is a situational choice where one quality, quantity, or feature of a set or design is diminished or lost in exchange for gains in other areas. In plain English, a tradeoff occurs when one item gets better while another must go worse.Vessels can carry a few large items or many little ones, but must remove some items from a full container in order to accept any more. Limits are the outcome of many diverse reasons, including elementary physics, which lead to tradeoffs. For instance, a certain volume of objects can only fit into a certain space. The phrase "tradeoff" is frequently used to refer to various configurations of the same thing, such as resource allocation or tuning guitar strings to play a range of notes.
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