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One of Robert's roles within the company that he manages is to constantly examine what is happening in all sectors that have an impact on the industry, both within the business and outside of it. This role is referred to as ______.

A) social entrepreneurship
B) BCG analysis
C) environmental analysis
D) strategic impass

On Jul 26, 2024


C
TM

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Depreciation on equipment was not recorded.

On Jul 22, 2024


a
TM

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The Internet is not a fixed thing, rather it is_______________.

A) still impossible to comprehend
B) a complex bundle of emerging technologies
C) a necessary evil
D) the future of commerce
E) Microsoft's toy

On Jun 26, 2024


B
TM

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The following information is available for Clancy Company:  Beginning inventory 600 units at $4 First purchase 900 units at $6 Second purchase 500 units at $7.20\begin{array}{ll}\text { Beginning inventory } & 600 \text { units at } \$ 4 \\\text { First purchase } & 900 \text { units at } \$ 6 \\\text { Second purchase } & 500 \text { units at } \$ 7.20\end{array} Beginning inventory  First purchase  Second purchase 600 units at $4900 units at $6500 units at $7.20 Assume that Clancy uses a periodic inventory system and that there are 760 units left at the end of the month.
Instructions
Compute each of the following under the average-cost method:
(a) Cost of ending inventory.
(b) Cost of goods sold.

On Jun 22, 2024


 Average cost/unit =$5.70($11,400÷2,000)600×$4=$2,400900×$6=5,40050000‾×$7.20=3.600‾2,000‾‾$11,400‾‾\begin{array} { l } \text { Average cost/unit } = \$ 5.70 ( \$ 11,400 \div 2,000 ) \\\\600 \times \$ 4 = \$ 2,400 \\900 \times \$ 6 = \quad 5,400 \\\underline { 50000 } \times \$ 7.20 = \underline { 3.600 }\\ \underline { \underline { 2,000 } } \quad\quad\quad\quad\underline { \underline { \$11,400}}\\\end{array} Average cost/unit =$5.70($11,400÷2,000)600×$4=$2,400900×$6=5,40050000×$7.20=3.6002,000$11,400 (a) Cost of ending inventory = $4332 (760 × $5.70)
(b) Cost of goods sold = $7068 (1240 × $5.700) or $11400 - $4332
TM

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The effects of rent control in the long run include lower rents and lower-quality housing.

On May 27, 2024


True
TM

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Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where gift-giving is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call on the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state. "Can you really create culturally-sensitive baskets that will not offend any of our customers?" the CEO asked after listening to Austin's sales presentation. The CEO's question is an example of:

A) observation.
B) feedback.
C) noise.
D) decoding.
E) transfer.

On May 23, 2024


B