Answer she should talk to her face to face
Explanation:
if she respects this woman that is the best way to keep it
Answer the question below. Use the rubric linked above for help if needed.
Think about the items that you use every day. Do you use inelastic goods? Do you use elastic goods? Give two examples of each type of good. Explain why you use each good and determine whether or not you
could survive without each good. Use details to support your answer.
Luxury products and particular foods and beverages are elastic goods because demand is influenced by price changes for them. Products like nicotine and prescription medications may be considered inelastic goods since the demand for them frequently remains constant despite price fluctuations.
What are the goods?The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.
Electronics or clothing are examples of elastic goods, whereas food and prescription medications are examples of inelastic goods. Cross elasticity gauges how demand for one good changes in response to price changes for another, related good.
Therefore, Luxury items and specific foods and beverages are considered elastic goods since the demand for them is affected by price variations.
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There are sixteen regional federal reserve banks.
false
true
The Federal Reserve Bank accepts deposits and withdrawals from individuals.
false
true
A bank run is when people rush to deposit money in their accounts thanks to a higher interest rate on
saving.
false
Inflation is the gradual and continued rise in the cost of goods and services over a period of time. In
other words, you get less for your money.
true
false
true
To be solvent is when an institution or individual is unable to honor their monetary obligations.
true
false
The correct answers for the given questions about Regional banks:
1. False, There aren't sixteen regional federal reserve banks.
2. True, The Federal Reserve Bank accepts deposits and withdrawals from individuals.
3. False, A bank run is not when people rush to deposit money in their accounts thanks to a higher interest rate on saving.
4. True, Inflation is the gradual and continued rise in the cost of goods and services over a period of time.
5. True, To be solvent is when an institution or individual is unable to honor their monetary obligations.
What is a Federal bank?There are 12 regional banks in the system, each named after the city in which they are headquartered. Banking supervision is the responsibility of the Board of Governors of the Federal Reserve Bank in Washington, D.C.
Each Federal Reserve district has facilities for receiving additional ineligible money deposits and processing foreign exchange orders.
When multiple customers of a bank or another banking institution withdraw their deposits at the same time out of concern for the bank's stability, this is called a bank run.
The rate at which prices rise over a period of time is called inflation. Inflation may be described in general terms such as: B. A general increase in prices or an increase in living standards. A company's ability to meet its long-term financial obligations is known as 'solvency'.
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Wang co manufactures and sells a single product that sells for 640 per unit; variable costs are 352 per unit. Annual fixed costs are 985500. Current sales volume is 4390000. Management targets an annual pretax income of 1315000. Compute the dollar sales to earn the target pretax net income
Answer:
Break-even point (dollars)= $5,112,222.22
Explanation:
Giving the following information:
Selling price= $640
Unitary variable cost= $352
Fixed costs= 985,500
Desired profit= $1,315,000
To calculate the sales in dollars to be sold, we need to use the following formula:
Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio
contribution margin ratio= (640 - 352) / 640= 0.45
Break-even point (dollars)= (985,500 + 1,315,000) / 0.45
Break-even point (dollars)= $5,112,222.22
why microeconomics is useful in business decision making? Explain
Explanation: The study of microeconomics helps the decision makers to analyze and determine how the productive resources are allocated for various goods and services. It also helps in solving the producers' dilemma of what to produce, how much to produce and for whom to produce. <33
Explanation:
The study of microeconomics helps the decision makers to analyze and determine how the productive resources are allocated for various goods and services. It also helps in solving the producers' dilemma of what to produce, how much to produce and for whom to produce.
A company has budgeted direct materials purchases of $230000 in July and $400000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted:
Wages Expense $60000
Purchase of office equipment 63000
Selling and Administrative Expenses 39000
Depreciation Expense 27000
The budgeted cash disbursements for August are:__________
Answer:
$511,000
Explanation:
The budgeted cash disbursements for August are :
Purchases - 70% x $400000 $280,000
Purchases - 30 % x $230000 $69,000
Wages Expense $60,000
Purchase of office equipment $63,000
Selling and Administrative Expenses $39,000
Total $511,000
Suppose you have a credit card bill of $1,275 for the month of October. If you pay the full balance before your bill is due, how much will you pay in interest?
Note that according to the above prompt, no interest will be paid on the credit card bill.
What is the rationale for the above response?You will not be charged interest if you pay the entire balance before the payment is due.
Because interest is usually imposed on outstanding balances, if the entire debt is paid before the due date, there will be no unpaid balance and hence no interest to pay. Pay the balance before the due date to prevent interest charges and late penalties. If the balance is not paid in full, interest will be levied on the unpaid balance, which may rapidly pile up and make the credit card debt more expensive.
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Puvo, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product:Standard Quantity Standard Priceor Rate Standard CostDirect materials 1.5 pounds $ 5.25 per pound $ 7.88Direct labor 0.5 hours $ 15.00 per hour $ 7.50Variable manufacturing overhead 0.5 hours $ 3.50 per hour $ 1.75During March, the following activity was recorded by the company:The company produced 4,800 units during the month.A total of 10,700 pounds of material were purchased at a cost of $29,960.There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,140 pounds of material remained in the warehouse.During March, 2,600 direct labor-hours were worked at a rate of $15.50 per hour.Variable manufacturing overhead costs during March totaled $4,750.The direct materials purchases variance is computed when the materials are purchased.The materials quantity variance for March is:
Answer:
$7,140 unfavorable
Explanation:
The computation of the materials quantity variance for March is shown below;
We know that
Material Quantity Variance = Standard rate × ( Standard Quantity for actual production - Actual Quantity Used)
=$5.25 × ([4,800 units × 1.5 pounds per unit] - (10,700 - 2,140)
=$5.25 × (7,200 pounds - 8,560 pounds)
= $7,140 unfavorable
Which of the following stocks had the highest trading price at the end of the day?
the answer is D, I had the same problem
The correct option is D. Search Engine had the highest trading price at the end of the day. Because the low is 470.56 which highest among all of them.
What is stock?A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. To raise money to run their businesses, corporations issue stock.
Thus, the highest trading price at the end of the day is because search engine makes a high of 477.65 in the day which is the highest among all of them.
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Tanya (born 10-31-90) is single, has no dependents and will not itemize deductions. She cannot be claimed as a dependent by anyone else. Tanya can claim adjustments of $800 for her student loan interest and $1,200 for a contribution to her IRA. She had the following income:
If Tanya (born 10-31-90) is single, has no dependents and will not itemize deductions. She cannot be claimed as a dependent by anyone else. Tanya's adjusted gross income is: e. $23,564.
How to find the Adjusted gross income?Tanya Adjusted gross income (AGI)
Wages $22,594
Add Bank interest $320
Add Unemployment $250
Add Alimony (Pre 2018) $2,400
Total gross income $25,564
Claim adjustments:
Less Student loan interest ($800)
Less IRA (1,200)
Taxable income $23,564
($25,564 - $1800 - $1200)
Therefore we can conclude that her taxable income is the amount of $23564.
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The complete question is:
Tanya (born 10-31-90) is single, has no dependents and will not itemize deductions. She cannot be claimed as a dependent by anyone else. Tanya can claim adjustments of $800 for her student loan and $1200 for an IRA. She had the following income:
Wages $22,594
Bank interest $320
Unemployment $250
Alimony (Pre 2018) $2,400
What is her AGI?
Choose one answer.
a. None of theseb. $24,994c. $25,564d. $22,594e. $23,564
The following is TRUE about Inventory: A. Firms increase inventory because more inventory means more movement of materials B. Firms increase inventory because there are price discounts or transportation discounts associated with ordering in larger quantities C. Firms increase inventory because there is an opportunity cost to holding inventory D. Firms increase inventory because more inventory sitting for longer periods of time present more opportunities for damage, errors, rework, theft, and obsolescence E. Firms increase inventory because the more we spend on inventory, the more we need to spend on other inventory-related expenditures
Answer:
The answer is "Option C".
Explanation:
Firms could already retain excessive stock in a position to take account of lower pricing provided by suppliers and to fill a full truckload, which lowers shipping costs per unit. Anything else, holding a lot of inventory makes no sense; therefore, firms increase inventory as there is an economic benefit to storage.
Classify each of the following as a(n) Operating Activity, Investing Activity, or Financing Activity. 1. Issuance of bonds. select a type of activity 2. Sale of equipment. select a type of activity 3. Amortization expense. select a type of activity 4. Purchase of treasury stock. select a type of activity 5. Receipt of dividends on investment. select a type of activity 6. Purchase of land. select a type of activity
Answer:
1. Issuance of bonds
Cash-flow classification: Financing activity
2. Sale of equipment
Cash-flow classification: Investing activity
3. Amortization expense
Cash-flow classification: Operating activity
4. Purchase of treasury stock
Cash-flow classification: Financing activity
5. Receipt of dividends on investment
Cash-flow classification: Operating activity
6. Purchase of land
Cash-flow classification: Investing activity
g Choose the best response for each of the following statements. a. When the Federal Reserve makes an open market purchase, the Fed: multiple choice 1 sells bonds to the public, which decreases the money supply. buys bonds from the public, which decreases the money supply. buys bonds from the public, which increases the money supply. sells bonds to the public, which increases the money supply. b. If the Fed wants to increase interest rates, it should make an (Click to select) . This would (Click to select) the money supply and achieve the increase in interest rates.
Answer and Explanation:
a. In the case when the federal reserve would make an open market purchase so this means that the bonds are purchased from the public and due to this it rise the money supply
b. In the case when fed wants to rise the rate of interest it should make the open market sale due to this it decrease the money supply and the rate of interest would be increased
This is the impact when the transaction could taken place
1. Normally, when buying a business, the seller:
does not sign a restrictive covenant.
notifies creditors 10 days prior to the sale of the business.
cannot assign his credit arrangements with suppliers to the buyer.
has little formal role or obligation in preparing documents and information necessary to the sale.
Answer:
C). cannot assign his credit arrangements with suppliers to the buyer.
Explanation:
As per the question, the 'seller is not able to allocate his credit adjustments associated with the suppliers to the potential buyer.' The seller must pay off and resolve his credit arrangements completely before selling off his property to the buyer. If he/she fails to do so, the buyer can sue him legally because the contract offers the asset or property to the buyer free of any previous credit adjustments with the seller. Thus, any such allocation would be considered illegal and cause damage to the seller and his image. Hence, option C is the correct answer.
Santa Corporation issued a bond on January 1 of this year with a face value of $1,000. The bond's coupon rate is 6 percent and interest is paid once a year on December 31. The bond matures in three years. The annual market rate of interest was 10 percent at the time the bond was sold. The following amortization schedule pertains to the bond issued:
Cash Paid Interest Expense Amortization Balance
January 1, Year 1 $901
December 31, Year 1 $60 $90 $30 931
December 31, Year 2 60 93 33 964
December 31, Year 3 60 96 36 1,000
Required:
a. What was the bond's issue price?
b. Did the bond sell at a DISCOUNT or a PREMIUM? and How much was the premium or discount?
c. What amount(s) should be shown on the balance sheet for bonds payable at the end of Year 1 and Year 2?
Answer:
Santa Corporation
a. The bond's issue price = $901 (PV of all cash inflows).
b. The bond sold at a DISCOUNT. The discount was $99 (equal to total amortization).
c. Bonds payable at the end of:
Year 1 = $931
Year 2 = $964
Explanation:
a) Data and Calculations:
Face value of bond = $1,000
Coupon rate = 6%
Interest payment = Annually on December 31
Bond's maturity period = 3 years
Annual market rate of interest = 10%
N (# of periods) 3
I/Y (Interest per year) 10
PMT (Periodic Payment) 60
FV (Future Value) 1000
Results
PV = $900.53 = $901
Sum of all periodic payments $180.00
Total Interest $279.47
Schedule
Date Cash Paid Interest Expense Amortization Balance
January 1, Year 1 $901
December 31, Year 1 $60 $90 $30 931
December 31, Year 2 60 93 33 964
December 31, Year 3 60 96 36 1,000
Thomas planned to set up a business that build custom house for high net-worth customers in Upstate NY on January 1st, 2018. He would borrow $1,500,000 from a bank to invest in the business as star-up capital and receive a minimum salary of $5,000/month.
Here is the list of some related items or products that he would need to start the
business:
- Lumber
- Roof
- Concrete
- Insulation
- Ducting
- Paint
- Corporate office building
He needs to hire you as an accountant to help his financial and accounting work, and one supervisor who is in charge of the supervision of building custom houses. His business’ cost drivers are provided in Table 1.
Question 1.1 - Cost Classification (10 points)
Required: Thomas needs your help in classifying the various costs. In order to manage these costs, he wants them identified using the information below. He asked that you use Table 2 (page 3) for your answers.
a) Behavior: fixed or variable cost
b) Traceability: direct or indirect
c) Financial reporting: product or period
d) If product cost, identify which items are direct materials, direct labor or
manufacturing overhead.
Question 1.2 - Costing Systems (10 points)
Thomas discussed the business plan with you. He was told that there are three different types of costing systems that exist in organizations – job order, process costing and activity based costing.
Required: Which type of costing system is his business most likely to use? Discuss?
I have it completed just need to check my work... would appreciate the help as soon as possible.
Answer 1.1:
a) The behavior of the costs listed in the question can be classified as follows:
Lumber: Variable cost
Roof: Variable cost
Concrete: Variable cost
Insulation: Variable cost
Ducting: Variable cost
Paint: Variable cost
Corporate office building: Fixed cost
b) The traceability of the costs can be classified as follows:
c) The financial reporting of the costs can be classified as follows:
d) Lumber, roof, concrete, insulation, ducting, paint: Direct materials
Which type of costing system is his business most likely to use Discuss?Based on the information provided, it seems that Thomas' business is most likely to use a Job Order Costing System. This is because the business is building custom houses for high net-worth customers, which means that each house is unique and customized to the customer's specifications. This type of work is best suited for job order costing system, where the costs are accumulated for each specific job, and the cost of each custom house can be calculated separately. In contrast, Process Costing is used when the same products are being produced in large quantities, and Activity Based Costing is used to assign indirect costs to products or services based on the activities that go into producing them.
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Tonya Fairfield, an attorney, traveled to Washington D.C. for a case. Because of delayed flights from the West Coast, her travel lasted all day. When she arrived at to her hotel late at night, she was exhausted. She got to her room and realized she had left her cell phone in the taxi cab. She called the front desk and spoke to Susan, the front desk manager. Susan told Ms. Fairfield not to worry and to get a good night's sleep. Susan then spent the next hour tracking down the cab driver. The next morning Ms. Fairfield received complimentary room service with scones, a cup of coffee, a flower in a vase, and her cell phone. This incident could be classified as:
a basic service factor
a satisfaction service factor
performance service factor
an excitement service factor
The incident that has to do with the description that has being provided here is one that would be classified as: satisfaction service factor. Option 2
What is a satisfaction service factor?A satisfaction service factor refers to the degree to which the service provided meets or exceeds customer expectations. In this case, Ms. Fairfield had a problem with her phone being left in the taxi, and the front desk manager Susan took initiative to track down the cab driver and return the phone to her. Furthermore, the hotel provided her with complimentary room service which exceeded her expectations. This led to Ms. Fairfield being satisfied with the service provided by the hotel.
A basic service factor is the minimum level of service that is expected. Performance service factor refers to how well the service is delivered. An excitement service factor is an unexpected or unique aspect of the service that creates a sense of excitement or surprise.
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How to choose scented candles online?
An acrostic poem describing the word peculiar
explain why and how management is dynamic
Answer:
Management has framed certain principles, which are flexible in nature and change with the changes in the environment in which an organization exits.
Suppose that there are two types of houses for sale: those with solid foundations and those with cracked foundations. In all other respects, the two types of houses are identical. Houses with solid foundations are worth $200,000, while those with cracked foundations are worth $200,000 minus the $20,000 to fix the crack, or $180,000. Sellers know which type of house they have, but buyers cannot detect whether the foundation has a crack. Suppose that 80 percent of the houses for sale have a solid foundation and 20 percent of the houses for sale have a cracked foundation. If buyers are risk-neutral and know the that 80 percent of the houses for sale have a solid foundation while 20 percent have a cracked foundation, then how much will buyers be willing to pay for a house
Answer:
$196,000
Explanation:
Calculation to determine how much will buyers be willing to pay for a house
Amount willing to pay=(0.80)($200,000) + (0.20)($180,000)
Amount willing to pay=$160,000+$36,000
Amount willing to pay=$196,000
Therefore The amount that the buyers will be willing to pay for a house is $196,000
Education has no effect on income potential.
True
False
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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Appalachian Ski Shop signs a three-month note payable to help finance increases in inventory for the winter ski season. The note is signed on October 1, 2022 in the amount of $34800 with annual interest of 8%. What is the adjusting entry to be made on December 31, 2022 for the interest expense accrued to that date, assuming that no entries have been made previously to accrue interest? Interest Expense 464 Interest Payable 464 Interest Expense 232 Interest Payable 232 Interest Expense 696 Interest Payable 696 Interest Expense 2784 Note Payable 2784
Answer:
Interest Expense 696 Interest Payable 696
Explanation:
Based on the information given the appropiate adjusting journal entry to be made on December 31, 2022 for the interest expense accrued to that date, If we assumed that no journal entries have been made previously to accrue interest is:
December 31, 2022
Dr Interest Expense $696
Cr Interest Payable $696
($34800*8%*3/12)
(To record interest expense accrued)
Lincoln Corporation, a U.S. corporation, owns 50% of the stock of a controlled foreign corporation (CFC). At the beginning of the year, Lincoln's basis in its CFC stock was $100,000. The CFC's current-year income was $1 million, $600,000 of which was subpart F income. The CFC has no global intangible low-taxed income, paid no foreign income tax and distributed no dividends. How much current taxable income must Lincoln report as a result of its ownership of the CFC
Answer:
$300,000
Explanation:
Calculation to determine How much current taxable income must Lincoln report as a result of its ownership of the CFC
Using this formula
Taxable income=Subpart F income * Ownership percentage
Let plug in the formula
Taxable income=$600,000*50%
Taxable income=$300,000
Therefore The amount of current taxable income that Lincoln must report as a result of its ownership of the CFC is $300,000
What are two features of a discussion forum?
A.connects people based on location
B.hosts videos about events or activities
C.creates networks of people with common interests
D.provides quick, short messages to the public
E.facilitates posting questions that people can answer
Answer:
C. creates networks of people with common interests
E. facilitates posting questions that people can answer
Answer:
C & E
Explanation:
plato
Jackson Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing. Parts are produced in batch sizes of 50 parts. A part requires 3 minutes in milling and 7 minutes in finishing. The move time between the two operations for a complete batch is 8 minutes. Under the lean philosophy, the part is produced in a cell that includes both the milling and finishing operations. The operating time is unchanged; however, the batch size is reduced to 5 parts and the move time is eliminated. Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the traditional and lean manufacturing methods. If required, round percentages to one decimal place.
Answer and Explanation:
The calculation is given below:-
Particulars Traditional Philosophy Manufacturing
Lean Philosophy
Value added 3 + 7 = 10 10
Non value added 10 × (50 - 1) = 490 10 × (5 - 1) = 40
Total lead time 500 50
Value-added ratio
(as a percent) 10 ÷ 500 × 100 = 2% 10 ÷ 50 × 100 = 20%
Laws passed by legislatures are called
Ordinances
Precedent laws
Statutory laws
Common laws
Answer:
yes they are called ordinance which is used to govern a group of people
A simple interest calculation provides a useful estimate of what compound interest will be if ___________. a. the dollar amount is small, b. the dollar amount is large, c. the term is long, d. the term is short
The answer: c. the term is long is the wrong answer
Accounts receivable turnover. (Assume that all sales are on account.) (Round your answer to 2 decimal places.) 2. Average collection period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.) 3. Inventory turnover. (Round your answer to 2 decimal places.) 4. Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places.) 5. Operating cycle. (Round your intermediate calculations and final answer to 2 decimal places.) 6. Total asset turnover.
Answer:
1. 7.38 times
2.49.46 days
3.5.81 times
4.62.82 days
5.112.78 Days
6. 1.64 times
Explanation:
1. Calculation to determine Accounts receivable turnover
First step is to calculate Account Receivable
Account Receivable = (beginning Account Receivables + ending Account Receivables)/2
Account Receivable = ( $9100+12300)/2
Account Receivable = $ 10700
Now let calculate the Account Receivables Turnover Ratio
Account Receivables Turnover Ratio = Sales / average Account Receivables
Account Receivables Turnover Ratio= $79000/10700
Account Receivables Turnover Ratio=7.38 times
2) Calculation to determine Average collection period
Average Collection Period = 365/ Account Receivables turnover ratio
Average Collection Period= 365 days /7.38
Average Collection Period=49.46 days
3) Calculation to determine Inventory turnover
First step is to calculate the Average Inventory
Average Inventory = (beginning inventory + ending inventory)/2
Average Inventory= ( $9700+8200)/2
Average Inventory= $ 8950
Now let calculate the Inventory Turnover Ratio
Inventory Turnover Ratio = Cost of goods sold / average inventory
Inventory Turnover Ratio= $52000/8950
Inventory Turnover Ratio= 5.81 times
4). Calculation to determine Average sale period.
Average Sales period = 365/ inventory turnover ratio
Average Sales period= 365 days /5.81
Average Sales period= 62.82 days
5). Calculation to determine the Operating cycle
Operating Cycle = Average Sales Period + Average Collection Period
Operating Cycle =49.96+62.82
Operating Cycle = 112.78 Days
6) Calculation to determine Total asset turnover
Fire step is to calculate the Average Assets
Average Assets = (beginning Assets + ending Assets)/2
Average Assets= ( $45960+50280)/2
Average Assets= $ 48120
Now let calculate the Assets Turnover Ratio
Assets Turnover Ratio = Sales / average Assets
Assets Turnover Ratio= $79000/48120
Assets Turnover Ratio= 1.64 times
Why do intetest, dividends to preferred, and the dividends to common are the exemptions to the general rule of the percent of the sales method?
They are regarded as nonoperating income or costs, interest, dividends to preferred stock, and dividends to common stock are exceptions to the general rule of the percent of sales approach.
What is the sales method?Generally, Interest, dividends to preferred stock, and dividends to common stock are exemptions to the general rule of the percent of sales method because they are considered as nonoperating income or expenses.
These items are not directly related to the operation of a business, and therefore, are not included in the calculation of the percent of sales method.
This method is used to determine the expected amount of income or expenses based on a company's sales revenue, and nonoperating items such as interest and dividends are not considered to be part of a company's core operations.
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