why is it necessary to keep account or financial records while doing vegetable farming

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Answer 1

Answer:

record keeping is a necessary element of good livestock business management.. if farmers have farm record they can tell how well they are managing their farm in comparison to other farmers. they can also see the strength and weakness in their farm operation...


Related Questions

To settle issues between the remaining partners in the event of the death of a partner, the partnership should have a _____ agreement in place.

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The agreement that will help to settle issues between the remaining partners in the event of the death of a partner, the partnership should have a buy-sell agreement in place.

We need to first know what a buy-sell agreement is.

What is a buy-sell agreement?

The buy-sell agreement is a document that stipulates what a partner wants to be done to his share of the business in the event of death.

This agreement is important because it will help to prevent disagreement in the eventuality of death.

Therefore, the correct agreement that the partnership should have is a buy-sell agreement.

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What was the major difficulty for the athletes?

Answers

Answer:

injuries

Explanation:

because

This is because money coming into and going out of the business affects Owner's Equity.

Based on the debit and credit entries you have observed in this lesson, which of the following is true?


Expenses and Sales increase Owner's Equity
Expenses increase and Sales decrease Owner's Equity
Expenses decrease and Sales increase Owner's Equity
Expenses and Sales decrease Owner's Equity

Answers

It is true that the expenses decrease and Sales increase the Owner's Equity.

Basically, owner's equity refers to the amount of the business-owner's investment in an asset after total liabilities have been deducted.

Any revenue into the business increase the owner's equity through business activities .

Any expense into the business decrease the owner's equity through business operations.

Therefore, the Option C is correct because the expenses decrease and Sales increase the Owner's Equity

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A Notary Signing Agent and a borrower have finished signing documents and all that is left to wrap-up the appointment is to check the documents for errors, but the NSA is already late for the next appointment. What should the Signing Agent do next

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Considering the situation described above, the Notary Signing Agent (NSA) should check the documents for errors and call the borrower for the next appointment.

This a because, at this stage, what is left is to wrap up the appointment, and checking of errors can be quickly done.

A Notary Signing Agent is an individual whose role is to sign an agent. A courtesy signer is an agent whose function is to ensure a formal signature of an appearer is made to a document.

Generally, the role of an NSA includes the following:

Printing loan documents,Meeting the signer and notarizing their signature, Returning the documents for processing.

Hence, in this case, it is concluded that the correct answer is "check the documents for errors and call the borrower for the next appointment."

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héctor manages a plastics factory that manufactures pet chew toys. senior management has decided to change the company’s bonus structure, and héctor understands this will motivate some employees while aggravating others. how should héctor go about announcing the changing bonus structure?

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Calling a face-to-face meeting with the employees is the best way that Hector can announce about change of the bonus structure.

Face-to-face meeting is a type of meeting where the participant of discussion are all present physically therein.

The major advantage of the Face-to-face meeting is that its allows effective communication and feedback from or among the participants

Therefore, the correct answer is Option B because it is the best way by which Hector can announce about change of bonus structure.

The missing options includes "Héctor should send each employee a personal note, Héctor should call a face-to-face meeting with the employees, Héctor should send a companywide e-mail, Héctor should post an announcement in the break room, near the coffee machine."

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In the new media world of social media, new territory has opened up for ethical challenges. What is an ethical focus question a company should ask itself before posting a piece on social media?.

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The ethical-focus question that a company should ask itself before posting includes:

is this post transparent?is this post honest? is this post ethical?

Ethical principles in this context refers to making sure that the post has moral and is acceptable to the public.

Hence, the ethical-focus question should includes is this post transparent? is this post honest? is this post ethical? etc

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When cash from operating activities is presented using the indirect method, net income must be adjusted for increases and decreases in balance sheet accounts that relate to

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The name which is given to the process where cash from operating activities is presented using the indirect method and the net income must be balanced is:

Indirect Cash Flow Method

According to  the given question, we are asked to state the  name which is given to the process where cash from operating activities is presented using the indirect method and the net income must be balanced.

As a result of this, we can see that this is called Indirect Cash Flow Method because here, the cash flow can be deduced by checking and making some calculations on the net income from the transactions which were not done in cash.

Therefore, the correct answer is Indirect Cash Flow Method

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overflow packages will have a color matched to it on the delivery app

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There are thousands of packages being delivered daily. he overflow packages will have a color matched to it on the delivery app, will have a color matched to it on the Rabbit’s “Scan to Verify” screen is a false statement.

A package is simply referred to as a small container that has a quantity of something that is sold. They can be small boxes made of thin cardboard, or bags, envelopes etc.

An overflow is simply when a place or container is having too much people or things. That is, it is too full of them.

An overflow of packages is when there are too much packages. This is often seen during the festive periods and in airport and delivery companies.

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For Hyatt Regency Rochester, the fixed costs are $120,000 and the variable costs are $20 per room rented. If the rooms rent for $60 per night, how many rooms must Microtel rent over the course of a year to break even?

Answers

Based on the rental price of the rooms, the variable and fixed costs, the rooms that need to be rented per night to break even is 3,000 rooms.

The quantity that is needed to breakeven is found as:

= Fixed costs / Contribution margin

The Contribution margin is:

= Selling price - variable cost

= 60 - 20

= $40

The breakeven quantity is:

= 120,000 / 40

= 3,000 rooms

In conclusion, 3,000 rooms will need to be rented out to breakeven.

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When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.)

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When a company has both the common and preferred stock, then, its ROE must be adjusted by subtracting the preferred stock balance from the total stockholders' equity  and subtracting preferred stock dividends from net income.

The ROE means Return on equity.

Return on equity is used to measure the profitability of a business in relation to its equity.

If the company have common and preferred stock, then, its ROE must be adjusted by subtracting the preferred stock balance from the total stockholders' equity  and subtracting preferred stock dividends from net income.

Therefore, the Option A and C is correct.

Missing options includes "A) subtracting the preferred stock balance from the total stockholders' equity, B) adding the preferred stock dividends to net income, C) subtracting preferred stock dividends from net income , D) adding the preferred stock balance to total stockholders' equity"

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Managers, across industries, spend about _____% of their time in verbal interaction. Group of answer choices 25 33 50 95 75

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The average time which managers, across industries, spend in verbal interaction is:

E. 75%

According to the given question, we are asked to find out the average time which managers, across industries, spend in verbal interaction between themselves and other subordinates.

As a result of this, we can see that based on the research done by Deirdre Borden, they made us of qualitative method of interviews, surveys, polls, etc to come to the conclusion that the average time spent is about 75%.

Therefore, the correct answer is option E.

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evans & sons, inc., sold $100,000 face value, six percent coupon rate, four-year bonds, for an aggregate issue price of $95,000. calculate the total interest expense to be recorded by the company over the four-year life of the bonds.

Answers

The total interest expense to be recorded by the company over the four-year life of the bonds is $29,000.

Using this formula

Total Interest expenses=(Face value× Coupon rate× Bond year)+(Face value-Issue price)

Let plug in the formula

Total Interest expenses=($100,000 x .06 x 4) +($100,000-$95,000)

Total Interest expenses= $24,000+$5,000

Total Interest expenses=$29,000

Inconclusion the total interest expense to be recorded by the company over the four-year life of the bonds is $29,000.

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The goal of logistics is to manage the physical flow of materials and information from points of origin to points of consumption:

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Answer: Meeting customer requirements at a profit

In order to satisfy client demands while making a profit, logistics involves the physical flow of materials, finished items, and related information from points of origin to places of consumption.

What is logistics ?

In general, logistics refers to the meticulous planning and execution of a complex task. In a broad sense, logistics coordinates the movement of products from their point of origin to their final destination in order to satisfy the needs of consumers or businesses.

By industry, logistics can be divided into five categories: sales logistics, manufacturing logistics, recovery logistics, and recycling logistics.

Transportation and delivery, storage, packaging, cargo handling, distribution processing, and information processing are all parts of logistics, and numerous methods have been set up to carry goods from the factory or location of production to the consumer promptly and on time.

Thus, In order to satisfy client demands while making a profit, logistics involves the physical flow of materials.

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#SPJ6

Write one paragraph about SOMEONE YOU LOVE SPENDING TIME WITH.

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MUMY  GIVE ME FIVE SARS                                                                          

Match each item to the correct document.

listing of volunteer activities

transcripts

presentation done at your last

job

degrees earned

Portfolio

Resume

Answers

Answer:

transcripts degrees earned

listing of volunteer activities portfolio

presentation done at your last job resume

Explanation:

a transcript is earned after getting a degree

A standard Résumé includes a "summary" of relevant educational background and work history. A transcript is a documented record.A portfolio is an organized, visual collection of a person's progress, achievements

What is Resume ?

A standard résumé includes a "summary" of relevant educational background and work history. The résumé is normally one of the first things a potential employer sees about a job seeker, along with a cover letter and occasionally an application for employment, and is commonly used to screen applicants, frequently followed by an interview.

What is Transcript ?

A transcript is a documented record (inventory) of a student's academic progress that includes their complete enrollment history, all courses (or subjects) they have attempted, grades they have received, and any degrees or awards they have received.

The Family Educational Rights and Privacy Act of 1974 forbids the publication of information from an official transcript to a third party without that party's permission in the United States. A crime is classified as altering a transcript instates.

What is Portfolio ?

A portfolio is an organized, visual collection of a person's progress, achievements, and efforts that demonstrates his/her accomplishments. The collection is a marketing tool aimed at potential employers that includes work samples and personal feedback on them.

Hence

listing of volunteer activities             -  Portfoliopresentation done at your last job   -   resume degrees earned                                 -   Transcript

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# SPJ 5

What must a firm that pursues a cost-leadership strategy do in order to nurture and constantly upgrade core competencies in manufacturing and logistics

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The firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or  skills demanded.

Firms that adopt the Cost leadership strategy does so to earn higher returns and competitive advantages through of offering of products at lowest prices in the market.

The core competencies in manufacturing and logistics includes pro-activeness, ability to handle documents properly, strategic thinking, forward thinking, logical decision-making, networking abilities etc

However, the firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or  skills demanded.

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According to the new classical critique of fiscal policy, an increase in government spending today will lead to what change in current savings

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In accordance with the new classical critique of fiscal policy in today's world, an increase in government spending will lead to an increase in current savings.

Fiscal policy refers to a economic policy whereby governments seeks to stabilize the economy by manipulating the levels and allocations of taxes and government spending.

The new classical critique of fiscal policy states that an increases in government spending and decreases in taxes are largely offset by increases in savings.

Therefore, in conclusion, In accordance with the new classical critique of fiscal policy in today's world, an increase in government spending will lead to an increase in current savings.

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To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.

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The answer is motivating everyone to do a good job by promoting organizational goals

Wrigley introduced a new flavor of Orbit brand sugar-free chewing gum, mint mojito, and its introductory price was low so that it quickly created loyal customers for the flavor. In this example, Wrigley used Group of answer choices skimming pricing. penetration pricing. price lining. odd-even pricing. loss-leader pricing.

Answers

In this example, Wrigley used the Penetration pricing.

Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.

This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.

In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.

In conclusion, Wrigley used the Penetration pricing to attract new customers.

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Marketing intermediaries add __________ utility to products by having them available when consumers want them.

Answers

Based on business sales strategy, marketing intermediaries add time utility to products by having them available when consumers want them.

This is because the time utility allows the business firms and marketers to make the products available to the consumers whenever they need them.

Time utility is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.

Hence, in this case, it is concluded that the correct answer is "time utility."

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Suppose a country spiraled into economic recession. What would John Maynard Keynes recommend to fight the recession?

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John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand to pull the economy out of the recession..

John Maynard Keynes is an economist who was popularly known for creating the Keynesian theory of economics

The Keynesian theory of economics is one who who advocate for saving less and spending more, thereby, raising their marginal propensity to consume and economic growth.

Now, supposing that a country spiraled into economic recession, John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand and pull the economy out of the recession..

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Which of the following are some of the biggest perceived detriments of the performance management system?
a. Feedback that is delivered frequently.
b. Lack of fairness by managers.
c. Too much focus on pay and incentives.
d. Lack of clarity on how to improve.

Answers

The factors that are considered some of the biggest perceived detriments of the performance management system are: b. Lack of fairness by managers; c. Too much focus on pay and incentives, and; d. Lack of clarity on how to improve.

To understand this subject, we need to know what the performance management system is.

What is a Performance management system?

Performance management system refers to a series of activities that are performed by the human resource department in an organization to improve the productivity of employees. Its features are;

Provision of feedback in real-time

TrainingRewardRecognitionProgress review.

While all of these are good, certain downsides can be seen when managers are not fair, focus much on pay and incentives, and do not provide enough information on what workers can do to improve.

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yield management is a method used to match demand and supply capacity constrained services true false

Answers

Answer:

variable pricing strategy

Yield management is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, time-limited resource (such as airline seats or hotel room reservations or advertising inventory).

Explanation:

brenda apologized to kordell for an e-mail that upset him. she said she had chosen an inconsiderate way of stating her idea, and that she’d be happy to discuss it further. brenda is:

Answers

The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.

Consideration behavior can be described as exhibiting a friendly and supportive disposition by considering the interests of others. It also entails effectively communicating openly with others, having respect of their ideas and showing concern for their feelings.

Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.

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Trudy’s monthly expenses are outlined in the chart below. Trudy’s job pays her $36,000 annually. Determine Trudy’s DTI (debt-to-income) ratio. Trudy's Debt and Income Income: $36,000 (annually) Rent: $695 (monthly) Car Payment $265 (monthly) Student Loan $200 (monthly) Credit Cards $160 (monthly) a. 28% b. 35% c. 37% d. 44%.

Answers

Trudy's  Debt-to-income ratio is 44%.

Debt-to-income ratio is an example of a debt ratio. It measures the ability of income to cover debt.

Debt-to-income ratio = debt / income

Total Debt = monthly debt x 12

Monthly debt = rent + car payment + student loan + credit cards

$695 + $265 + $200 + $160 = $1320

Total Debt = $1320 x 12 = $15,840

Debt-to-income ratio = $1320 / $36,000 = 0.44 = 44%

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Identify what is needed to calculate the P/E ratio. (Check all that apply.) Multiple select question. Return on equity Average stockholders' equity Earnings per share Common stock dividends declared Stock price

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The computation of the P/E (Price/Earnings) ratio requires C. Earnings per share and E. Stock price.

The Stock price is the current market price per share of the company's stock. The Earnings per share (EPS) is the net income (less preferred dividend) divided by the number of outstanding common stock shares.

Thus, the P/E ratio computation requires C and E.

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A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $9,200 per month and variable costs of 70 cents per unit produced. Each item is sold to retailers at a price that aver- ages 90 cents. a. What volume per month is required in order to break even? b. What profit would be realized on a monthly volume of 61,000 units? 87,000 units? c. What volume is needed to obtain a profit of $16,000 per month? d. What volume is needed to provide a revenue of $23,000 per month? e. Plot the total cost and total revenue lines.

Answers

Based on the information that is given, the volume per month that will be required to break-even will be 46000 units.

The breakeven quantity will be:

= 9200 / (0.90 - 0.70)

= 9200 / 0.20

= 46000 units.

The profit that would be realized on a monthly volume of 61,000 units will be;

= 0.90(61000) - [9200 + 0.70(61000)]

= 54900 - 51900

= 3000

The profit that would be realized on a monthly volume of 87000 units will be;

= 0.90(87000) - [9200 + 0.70(87000)]

= 78300 - 70100

= 8200

The volume that is needed to obtain a profit of $16,000 per month will be:

= (16000 + 9200) / (0.90 - 0.70)

= 25000/0.20

= 126000 units

The volume that is needed to provide a revenue of $23,000 per month will be:

Quantity = Total revenue / Price

Quantity = 23000/0.90

Quantity = 25556 units

Lastly, the total cost will be:

= Fixed cost + Variable cost .

= 9200 + 70000

= 79200

The total revenue will be:

= Price × Quantity

= 0.90 × 100000

= 90000

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A theater has fixed operating costs, such as electricity, salaries, and rent. What is this break-even point called

Answers

The fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.

Usually, the break-even point is the point where the total revenue equals the total costs of the business.

In other word, the break-even point means that the expenses and revenue are equal and thus, the company will record neither a net loss or gain.

The formula used to derive the Break even unit is [Fixed Costs / (Sales price per unit – Variable costs per unit)}

Therefore, the fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.

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The strategy of delivering new, exciting, and unique products to the customers is known as a _____________ strategy.

Answers

Differentiation strategy.

Need help ASAP, I’m going somewhere!

Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage ... https://brainly.com/question/25586250

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Answer:

https://brainly.co a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

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