Office Manager: definition, what do they do?
And, what is the training I need to become an office manager?
Explanation:
essentially ensure the smooth the running of an office day to day basis and may manage a team of administrative or support staff
At December 31, 2021 and 2022, Frist Company had outstanding 50 million common shares and 4 million shares of 10%, $10 par cumulative preferred stock. Net income for 2022 was $20 million. No dividends were declared in 2022. EPS for 2022 was: rev: 03_01_2021_QC_CS-255248 Multiple Choice $0.32. $0.37. $0.40. $0.48.
The dividend is a payout of profits from a firm to its investors. As long as a corporation makes a profit or surplus, it can distribute a part of that profit to shareholders. Any money left over is re-invested money into the organization. So, the answer is "[tex]\bold{\$0.32}[/tex]" and its calculation can be defined as follows:
Given:
The Net income for [tex]\bold{2022= \$20\ million}[/tex]
Common shares = [tex]4 \ million[/tex]
share= [tex]10\%[/tex]
Cumulative preferred stock= [tex]\$10[/tex]
[tex]\to \bold{\frac{[\$20 - (10\% \times \$10\ par \times 4)]}{50}}\\\\\to \bold{\frac{[\$20 - (0.10 \times \$40\ par)]}{50}}\\\\\to \bold{\frac{[\$20 - \$4\ par]}{50}}\\\\\to \bold{\frac{[\$16]}{50}}\\\\\to \$ 0.32[/tex]
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essica is a one-third owner in Bikes-R-Us, an S corporation that experienced a $45,000 loss this year (year 1). If her stock basis is $10,000 at the beginning of the year, how much of this loss clears the hurdle for deductibility (assume the at-risk limitation equals the tax-basis limitation)
Answer:
$10,000
Explanation:
Calculation to determine how much of this loss clears the hurdle for deductibility
Amount allocated = ($45,000 x 1/3)
Amount allocated=$15,000 of loss
Since the amount Allocated is loss of $15,000 and her STOCK BASIS is the amount of $10,000 at the beginning of the year which means that she is allowed to Deduct only the amount of $10,000 of the allocation which represent the amount of her STOCK BASIS.
Therefore how much of this loss clears the hurdle for deductibility will be $10,000
Northwestern Data Systems has adopted a new organizational approach with regard to information flow, ensuring that employees have access to the data they need, when they need it. Aware of this new approach, Stacy, an administrative assistant working for a manager in the sales department, requests a report regarding disciplinary action on a manager outside her department. Despite the new company policy, her request is denied, most likely because
Answer:
neither she nor her supervisor has any demonstrable reason to access such information.
Explanation:
When security measures are introduced in information system access in an organisation, an individual is limited to only a defined set of data.
Access to data outside one's normal job role requires a request for addition of such access.
In the given instance Northwestern Data Systems has adopted a new organizational approach that ensures employees have access to the only data they need.
Stacy, an administrative assistant requests a report regarding disciplinary action on a manager outside her department.
She will not be able to get it because she should normally not be able to discipline a manager.
So she can't access it because neither she nor her supervisor has any demonstrable reason to access such information.
For a monopolist that does not price discriminate, economic profit is maximized in the short run at a price of $140. Marginal revenue at that output level is Group of answer choices equal to $140. greater than $140. less than $140. less than marginal cost. greater than average revenue.
Jessica is new to international marketing and assumes that if a country speaks a similar language as another country then both of those countries will also be interested in the same types of products and services. Jessica appears to be suffering from
Answer:
an illusion of similarity.
Explanation:
It is correct to say that in this case, Jessica seems to be suffering from an illusion of similarity, in that she believes that two countries will be interested in the same types of products and services because they speak similar languages.
This is an illusion that can cause difficulties in a company's marketing positioning, as each country has its social and cultural particularities that must be considered when planning an international marketing strategy, as it must be aligned with local culture, taste and preferences so that a company can be well accepted and competitive in the international market.
An analyst has decided to identify value stocks for investment by screening for companies with high book-to-market ratios and high dividend yields. A potential drawback of using these screens to find value stocks is that the firms selected may: be those that have significantly underperformed the market. be concentrated in specific industries. have unsustainable dividend payments.
Answer: be concentrated in specific industries.
Explanation:
Companies that exhibit characteristics such as a high book-to-market ratio and high dividend yield are usually found in specific industries like the financial services sector.
Using this method would therefore lead to investments in specific industries which is riskier because the industrial risk component increases in that if the industry is adversely affected, the investors would suffer from going in on investments concentrated in one or a couple of related industries.
Troy, a cash basis taxpayer, is employed by Eagle Corporation, also a cash basis taxpayer. Troy is a full-time employee of the corporation and receives a salary of $60,000 per year. He also receives a bonus equal to iO% of all collections from clients he serviced during the year. Determine the tax consequences of the following events to the corporation and to Troy
A.On December 31, 2018, Troy was visiting a customer. The customer gave Troy a $10,000 check payable to the corporation for appraisal services Troy performed during 2018. Troy did not deliver the check to the corporation until January
B. Gross Incom ne facts are the same as in part (a), except that the corporation is an accrual basis taxpayer and Troy deposited the check on December 31, but the hank did not add the deposit to the corporation's account until January 2019
C. The facts are the same as in part (a), except that the customer told Troy to hold the check until January 2019 when the customer could make a bank deposit that would cover the check
Answer and Explanation:
The tax consequences for the following events -
a. The organization should record the amount of $10,000 in the year 2018 as they followed the cash basis and the cheque should be equal to the cash also troy could not able to record the bonus till it is actually collected
b. As per the accrual basis, the income should be recorded when they are earned not when they are received so the corporation should record the income in the year 2018 as the agent performed the service
c. Since the restrictions that are imposed on cheque for payment purpose should be treated as the substantial and the cheque should not be equivalent to the cash because the customer told that check should be held till Jan 2019 so the income should not be recorded in 2018
The attines are dependent on a very unstable international commodity, oil prices were over $140 per barret in 2008 and fell to $30 per barrel in eany 2016 Southwest Airlines scored a coup in 2007-2008 by hedging most of it fuel costs at $51 per bartel Wars in the Middle East and hurricanes in Houston, Texas, affed the price of fuel International supply chains mean
A. less risk of disruption to supplies
B. more risk of disruptions to supplies.
C. the same risk to supplies as local supply chains
Answer:
c please mark brainly
Explanation:
J is issued a Life Insurance policy with a death benefit of $100,000. She pays $600 per year in premium for the first 5 years. The premium then increases to $900 per year in the sixth year, and remains level thereafter. The policy's death benefit also remains at $100,000. Which type of Life Insurance policy is this?
Answer:
Modified Premium Life
Explanation:
The modified premium life is the whole life insurance policy in which the insured person paid the lower amount of premium as compared with the agreed amount for the given time period. When the given time period is done so the payment of the premium should be increased and it can be high as compared to the normal amount
So this means that the premium should be less for 5 years and it could be increased in the sixth year and so on
Therefore the option d is correct
Which statement accurately depicts an advantage that small business has over big business? Multiple Choice If the small business owner can project his business as being big, if not very similar to big businesses that sell in the same industry, then he will realize a significant advantage. The size of the business (small being better in this case) is an important consideration in the management of legal, payroll, and tax concerns. The slower pace of small businesses translates into better quality for its customers. A small business can maneuver and change quicker than most large businesses can. It can react to market conditions and customer concerns much faster.
Answer:
It can react to market conditions and customer concerns much faster.
Explanation:
Small businesses have either of the the following characteristics
they are privately owned partnerships or corporationsthey are sole proprietorshipthey require less capital they do not have a large number of workforceLarge businesses have either of the the following characteristics
they are usually publicly ownedthey have a large number of workforceAdvantages of Small businesses over large businesses
they are more flexible they have a better customer relationthey are better able to specialise in a particular area there is greater opportunity for employee developmentPfizer Corp. is introducing a really new product idea. Pfizer is spending a lot of money to inform potential customers and intermediaries about the availability and advantages of the new product. Although sales are rising slowly, Pfizer doesn't expect the product to become profitable for at least another year. Pfizer's new product is in which stage of the product life cycle
Answer:
Market introduction
Explanation:
One of the stages of a product life cycle is introduction. Infact, it is the very first stage of a product life cycle.
Market introduction from the name can be said to be the stage of a product that involves quite a lot of advertising. The advertising is aimed at informing the populace about the availability of the product and the usefulness of such product.
Simply put, product introduction is giving awareness about the availability of a new product and its benefits.
Cheers.
Galina, Inc. has prepared the following direct materials purchases budget: Month Budgeted DM Purchases June $68,000 July 79,500 August 78,400 September 76,300 October 72,400 All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate the budgeted balance of accounts payable at the end of October. Group of answer choices $51,070 $7,630 $43,440 $14,870
Answer: $51070
Explanation:
The budgeted balance of accounts payable at the end of October will be calculated thus:
For October DM purchases = 60% × $72400 = $43440
For September DM purchases = 10% × $76,300 = $7630
Balance = $51070
Therefore, the budgeted balance of accounts payable at the end of October is $51070
what is an important function of the federal trade commission?
a. inspecting workplaces for safety violations
b. identifying unfair pricing strategies
c. negotiating trade agreements
d. deciding if discrimination complaints are valid
Answer:
The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. We conduct investigations, sue companies and people that violate the law, develop rules to ensure a vibrant marketplace, and educate consumers and businesses about their rights and responsibilities.
Answer:Identifying unfair pricing strategies (B)
Explanation:
A straight-line production possibilities frontier assumes Group of answer choices the more resources a society uses to produce one good, the fewer resources it has available to produce another good. the opportunity cost of producing a good is constant as more and more of that good is produced. the opportunity cost of producing a good increases as more of that good is produced. resources are specialized; that is, some are better at producing particular goods rather than other goods.
Answer:
the opportunity cost of producing a good is constant as more and more of that good is produced
Explanation:
In the case of the production possibilities frontier i.e. on the straight line presumes that the opportunity cost for generating the good should be the similar or constant when the more and more goods are generated or produced
So as per the given options, the above statement should be selected
And, the same is to be relevant
Meili's employer distributes checks at the end of each quarter, representing an equitable portion of 5 percent of the company's pretax profits for the previous quarter. These are ________checks. Group of answer choices pay for knowledge gainsharing bonus pay for performance profit sharing
Answer:
profit sharing
Explanation:
profit-sharing plan can be regarded as retirement plan which is designed to let an employee to have a share in the profits of a firm. In this particular plan some percentage of the profit made by the company,firm can be received by the employee using the quarterly or annual earnings of the employee as the basis.
Which of the following is NOT an example of an explicit cost? Multiple Choice The income the owner could have earned in his or her next best employment opportunity. The salaries paid to the managers who help run the business. The overtime wages paid to workers. The rent the owner pays each month to lease office space.
Answer:
The income the owner could have earned in his or her next best employment opportunity.
Explanation:
Explicit cost includes all the amounts expended in running the business. It is used in calculating accounting profit. Examples are wages, rent, cost of equipment
The income the owner could have earned in his or her next best employment opportunity is an example of an implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. It is used in calculating economic profit.
When increasing production from 12,000 computers to 15,000 ​computers, the​ company's average cost of production will A. increase from ​$10.10 to ​$10.40 due to the​ learning-curve effect. B. increase from ​$16.80 to ​$18.90 due to the​ learning-curve effect. C. decrease from ​$10.40 to ​$10.10 due to diseconomies of scale. D. decrease from ​$10.40 to ​$10.10 due to the​ learning-curve effect. E. increase from ​$16.80 to ​$18.90 due to economies of scale.
Answer:
When increasing production from 12,000 computers to 15,000 computers, the company's average cost of production will
D. decrease from $10.40 to $10.10 due to the learning-curve effect.
Explanation:
The learning-curve effect describes the learning-curve theory. This theory states that there is an improved performance of workers who are producing computers over time. The whole idea behind this theory is that the more workers produce computers, the better they will get at its production. In turn, this improved production performance will, in the long run, translate to both lower cost and higher output for the organization.
General Staff immediately come together and begin developing strategies. General Staff Chiefs are: Evaluating staffing and supervisory needs in the Incident Command Post. Identifying resource shortfalls. Updating planning documents. What NIMS Management Characteristics are you supporting
Select all that apply.
Common Terminology
Management by Objectives
Incident Action Planning
Manageable Span of Control
Unified Command
Accountability
Answer:
Management by Objectives
Incident Action Planning
Manageable Span of Control
Explanation:
Considering the information given in the question, the NIMS Management Characteristics I am supporting are:
1. Management by Objectives
This is because, by Management by Objectives, the General Staff are making strategies according to the previous objectives.
2. Incident Action Planning
This is because, by Incident Action Planning, the General Staff are revising planning documents that will comprise staffing and resource necessities.
3. Manageable Span of Control
This is because, by Manageable Span of Control, General staff chiefs are assessing staffing requirements in the Incident Command Post. This is to make sure each supervisor only has personnel that can be managed.
uppose the government wants to limit imports of a certain good. Is it preferable to use an import quota or a​ tariff? Why? A. A tariff is preferable because the producer surplus gain is larger than with a quota.​ Therefore, the tariff creates a smaller deadweight​ loss, which is preferable from​ society's standpoint. B. Quotas and tariffs are equivalent in their ability to limit imports and therefore are equally preferable. They cause the same changes in consumer and producer surplus and thus the same deadweight loss. C. A quota is preferable because it​ doesn't require imposing a tax on the good to limit imports. Consumers can still benefit from a lower price while domestic producers benefit from increased sales. D. Although consumer and producer surplus changes are the same under quotas and​ tariffs, tariffs are preferable because the government can redistribute the tariff revenue to offset most of the deadweight loss.
Answer:
Although consumer and producer surplus changes are the same under quotas and tariffs, tariffs are preferable because the government can redistribute the tariff revenue to offset most of the deadweight loss.
Explanation:
¿Qué es la Biblia y qué significa?
Respuesta:
Biblia significa: conjunto de libros canónicos que en el judaísmo y el cristianismo se consideran producto de inspiración divina y un reflejo o registro de la relación entre Dios y la humanidad.
is it fine to work on improving up to four EQ skills at a time?
Answer:
In order to build EQ—and become emotionally healthy—you must reconnect to your core emotions, accept them, and become comfortable with them. You can achieve this through the practice of mindfulness. Mindfulness is the practice of purposely focusing your attention on the present moment—and without judgment.
A clearinghouse scam involves a victim receiving: a. a letter that claims he or she has inherited a significant amount of money. b. mail from a known party who claims to have access to large sums of money or assets. c. a letter that falsely claims the writer represents a foreign bank. d. an email containing their Social Security number and/or credit information.
Answer:
c. a letter that falsely claims the writer represents a foreign bank.
Explanation:
A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities
So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank
On average, a person with a bachelor's degree earns
than a person
with an associate degree and
than a person with a master's
degree.
Answer:
More than a person with an associate degree and less than a person with a masters degree.
Explanation:
True or false: The Mackay Doctrine refers to the 1983 Supreme Court decision in the National Labor Relations Board (NLRB) v. Mackay Radio and Telegraph Co. that required employers to hire only temporary strike replacements to do the work of individuals on strike.
Rivalry among competing sellers is generally more intense when Group of answer choices industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume. barriers to entry are high and buyer switching costs are high. barriers to entry are moderately high and the pool of likely entry candidates is small. buyer demand is growing rapidly. the industry's driving forces are strong and rivals have strongly differentiated products.
Answer:
industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume.
Explanation:
Rivalry refers to the competitions that take place among firms in an industry with the aim of capturing greater market share
rivalry is influenced by :
1. barriers to entry :
If barriers to entry is high, there would be few firms competing for customers, so there would less intense rivalry
2. differentiation of goods in the industry :
If goods are differentiated, goods are unique from that of competitors. so there would be less need for intense rivalry
In order for two-way communication to occur, the receiver must Group of answer choices have the ability to provide feedback, whether or not they actually do so. also play the role of sender in another communication exchange. be willing to provide feedback, though the sender does not have to listen. provide feedback, and the sender must be receptive to the feedback. assume the responsibility of interpreting the message.
Answer:
provide feedback, and the sender must be receptive to the feedback.
Explanation:
Two-way communication arise at the time when the receiver send the feeback to the message of the sender. In the two-way communciation process, first the sender transfer the receiver message after receiving or getting the message the receiver decoding the message and after this it sends back his or her feedback to the sender
So as per the given situation, the above statement represent an answer
Record the following selected transactions for January in a two‐column journal. Once you have completed that, answer questions 1 – 5 related to your work.
(a) Earned $7,000 fees; customer will pay later.
(b) Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit
(c) Paid $3,000 for rent for January.
(d) Purchased $2,500 of supplies on account.
(e) A. Allen $1,000 investment in the company.
(f) Received $7,000 in cash for fees earned previously.
(g) Paid $1,200 to creditors on account.
(h) Paid wages of $6,250.
(i) Received $7,150 from customers on account.
(j) A. Allen withdrawal of $1,750.
2. For part (h), which two accounts are affected?
Question 2 options:
Fees Earned and Cash
Wages Expense and Cash
Accounts Payable and Cash
Rent Expense and Cash
Answer:
a) Dr: Receivable (Asset) 7000
Cr: Service Revenue (Income) 7000
b) Dr: Equipment (Asset) 45000
Cr: Cash (Asset) 20000
Cr: Payable (Liability) 25000
c) Dr: Rent (Expense) 3000
Cr: Cash (Asset) 3000
d) Dr: Inventory (Asset) 2500
Cr: Payable (Liability) 2500
Identify a romantic couple in a TV series or movie that goes through several of Knapp's Stages of Relational Development. Describe how they went through each stage and what events or behaviors made it clear that the characters were in each of these stages. At what stage were the characters when the TV series or movie ended?
Answer:
Stagnation
Explanation:
There are several stages in Knapp's stages of relational development. The stages are as,
Experimentation
Intensifying
Integration
Bonding
Differentiation
Circumscribing
Stagnation
Avoidance
Termination
I recently saw a movie in which there was a couple who was going through integration period of Knapp's relational development. They express their love for each other and plans to marry soon. Once they are married they identify the difference in their cultures because both of them belonged to different religion. The difference start to create problems between them and they now quarrel with each other over small things. The relation goes into circumscribing stage where there is less exchange of information between the couple and they avoid talking to each other. There is an increase communication gap between two. As the movie moves to climax both of them are in Stagnation stage where each of them feels stuck in this relationship and suddenly there is an accident and one of them dies. The movie ends with lifetime regrets for the one who survives.
A company has the following: Cash balance per books, December 31, $82,600. Note receivable of $1,750 plus $250 of interest collected, $2,000. Outstanding checks, $4,900. Deposits in transit, $2,500. Bank service charges, $50. NSF check, $650. The company erroneously recorded a $1,000 cash payment on its books as a $100 cash payment. Also, the bank erroneously deducted $300 from the company’s checking account. The bank should have taken the money from a different customer’s account. How much is the adjusted cash balance per books on December 31?
Answer:
$83,000
Explanation:
Calculation to determine How much is the adjusted cash balance per books on December 31?
Balance per books on Dec. 31, $82,600
Add Note collected by the bank including interest $2,000
Less Bank service charge ($50)
Less NSF check ($650)
Less Book error ($900)
($1000-100)
Adjusted cash balance per books $83,000
Therefore the adjusted cash balance per books on December 31 is $83,000
