business-help

[zenith pendant]

Anyone preparing for CFA ?

[wind night]

Sorry we dont allow surveys here so I will have to remove this.

[chilly verge]

I am

[feral spruce]

sorry bun, idk how you managed to lose a rigged survey

[warped thorn]

yes

[warped thorn]

I wnna find places AND I wnna know how

specifically emails

[waxen kayak]

i know this is an old mssg, but can you share how you take notes or study for accounting? specifically for problem solving and whatnot

[stiff garden]

not much to say

do practice problems

draw pictures

use T-accounts, draw timelines, draw pie charts that let you visualize proportions

[waxen kayak]

alrighty, thx!

[waxen kayak]

oh and also, i'm studying accounting too! (if it wasn't already obvious )

[urban moss]

I am build a Web application for Marketers how run ads to help them analysis of their ad creatives.

[viral patio]

im studying a levels business and i have my a2 paper in the may june session and honestly ive started way too late january is almost about to end. im not fully familiar with the paper pattern or how to properly answer questions like 5 markers 12 markers and 20 markers. i do have notes lectures and past papers but im not sure what the best way is to approach from here

need help asap 😭

[plush tundra]

not a very intellectually ethical way and not actually a studying method but what I did for my a levels was pulling up 10 years of past papers of the paper I was going to sit and then alternate between the two other version papers also going back ten years and found the pattern in which questions showed up

first did it for my GCSEs and managed to accurately guess more than half of my exams

so it works but not particularly if you want to learn the material

i also didnt solve the questions i just read the answer key

[wind night]

What in the world-

[hot elm]

hello rich ppl

[balmy portal]

Hi, I’m Ella 👋
Been learning e-commerce on the side and love meeting people building cool things.

Anyone here working on something interesting lately?

[broken kettle]

Hi guys, i’m Em 🙃
I’ve been working on a new business idea and I’m finally ready to take it seriously.
I already know the niche I want to go into, now I just need a reliable person who wants to build growth to.

If you’ve been looking for a real chance to start something that can pay off, if this sounds like you let’s connect.

[restive dove]

Hey could you give me feedback on my howto-page? I've been building a party game for friend groups and couples but a lot of people told me that they don't understand it.
Would be cool if you could check it out and tell me whether you "get it": https://rank5.io/howTo

like, I've written this from the feedback, but it's hard to find people who like to read manuals

[hoary slate]

The animation in the logo is super choppy and laggy, hurts to look at, reccomond a static one

[restive dove]

huh interesting... it works on my machine but now that i tried another computer it does lag yeah

[weak lava]

this is so cool

[restive dove]

thanks 😃

[wind night]

Hello, self promo is not allowed so I will have to remove this.

[fringe condor]

Is there anyone here majoring in or working in marketing? I’m currently working on a proposal for a marketing competition hosted by a Korean private insurance company (Samsungfire). But I'm finding it quite challenging, and I would love to get some advices.

The core theme of the project is "Creating a culture of gifting insurance." If anyone is willing to share some insights or advice, I would be incredibly grateful. Please feel free to send me a DM! Thank you in advance for your help.

[ionic hazel]

don't spam everywhere <@&942391219206647828>

[knotty crypt]

First time hitting $1.5k in a day today using Shopify 🏠📈
Started small… stayed consistent… still scaling 🔥🔥

[wooden pecan]

Hey guys anyone want soft and hard skill PDF guide ..D M me !!

[pseudo delta]

Everyone keeps saying dropshipping is dead/scam, so I decided to try it myself…
Just got my first sales today. Not huge yet, but it’s real

[stiff garden]

<@&942391219206647828>

[wind night]

thankuuu

[fresh bough]

im interested and im moroccan too

[weak lava]

hell yeah! so what did u do?

anyone familiar with building an internal team? or any team of some sort, getting people together to work under you and preferably also hiring a team manager. How did you approach that? Whats the most important thing in building that team environment?

[sharp lance]

Hey everyone! I’m currently building my writing portfolio and looking to work on a few articles/blogs for free to gain more experience and testimonials.

I’m especially interested in topics related to:
• psychology & neuroscience
• student life/self-improvement
• wellness & lifestyle
• science communication
• blogs/content writing for creators or startups

If anyone needs help with:

• blog articles
• LinkedIn content
• website/blog writing
• captions or content ideas

feel free to DM me. I’d love to collaborate and build real-world experience:)

[dire hornet]

Yes

[indigo verge]

I'm broke

how do i make 200k in a summer?

[fringe flint]

https://en.wikipedia.org/wiki/Gigolo

[errant kite]

first

[thin heart]

Please let me know when u find out

[indigo verge]

you're not gonna make 200k in 3 months from the point of being broke lmao

[fallow zephyr]

i want do beeznesz

[sour pond]

me 2

[digital holly]

sell ur kidney

[indigo verge]

i think dogecoin has the answer

or some other memecoin unless crypto is ded again because of papa elon

[digital holly]

bitcoin is actually still rising in price. cryptocurrency is popping off - SNL and youtube won't leave me alone about it

[indigo verge]

probably bitcoin and ethereum, maybe cardano and dogecoin because elon is pushing it

could be worth a lot more but you never know

heard of a guy who made 200k with safemoon

[gleaming jay]

hey this is new

[blissful moat]

Even that wouldn't make him 200k XD

[ashen dirge]

Hello guys, I work with paid traffic management (ads) and also worked for 10 months at a startup competing with cameo. I have expertise in Facebook Ads, Google Ads, Google Tag Manager, Analytics. If you want to share knowledge I'll be here

[fluid osprey]

Can anyone help me out with stats? - Theroy mostly

[rose night]

I'm starting a business in Brasil and your knowledge would be alot helpful, may I ask you in the future? thank you!

[full steeple]

Trading forex,stock,crypto

[indigo verge]

do you recommend any sources to learn ad management

?

[indigo verge]

Google has several online courses, maybe they have one that can help?

[pastel coral]

Sell percs

[indigo verge]

Win lottery

[pastel coral]

sell both kidneys?

ooh actually

dont need to sell both

262000 for one kidney, there is your answer

[indigo verge]

Would that be before or after taxes?

[indigo verge]

THANKS

Finally a useful answer

gonna go to the hospital brb

[indigo verge]

@indigo verge NOOOOOO

They only give you a fraction of the price

Black market is where it's at

[stark scaffold]

what are the cons of not having a kidney

[ashen dirge]

Of course I will be available, if you want to make a call via google meet or here by discord I will be online.

[ashen dirge]

At first I recommend choosing a tool that is already interested in Google Ads or Facebook / Twitter Ads, Click and explore the tool (Ad Manager) read and pay attention to its details and click more and more. If you prefer to have the basics read the help center for each tool (it will not be easy but you will have incredible technical knowledge, it helps when talking to customers)

[indigo verge]

oh thank you very much

[ashen dirge]

I am part of a community managed by a very famous traffic manager in Brazil. From what I was able to research abroad many people have already taken the course of this man https://khalidschool.teachable.com/

Khalid Hamadeh

Paid traffic is almost a philosophy of life. Everything is a test, every business has its audiences and traffic, so win if you test more and discover / explore. The good thing is that as a paid traffic manager, you can manage ads for different businesses without investing money (you practically study with others' money)

Basic concept Google is intention and Facebook is attention

[pastel coral]

really the only drawback is that if you donate 1 and the other gives out your fucked, otherwise there isnt much of a difference

[stark scaffold]

Hm

[indigo verge]

You only need the one, but you really do need at least one

[grizzled stone]

hello everyone!👋🏻 hope u r doing well
my teacher gave an assignment to make a survey on "online shopping", so it would be helpful for me if you fill this form and help me complete my assignment😄
https://forms.gle/CH64qs49SennJZZ59

hello!👋 I request you to express your opinion on ''online shopping" by filling this form.
Google Docs
Public Opinion on Online Shopping🛍️

[full steeple]

Hello everyone, i want to learn more about invesment banker, is there any course available? Thanks

[native ledge]

you can check udemy

[queen crypt]

UDEMY OR SKILLSHARE

[queen crypt]

PAID OF COURSE !

[full steeple]

What about coursesera?

[marsh thicket]

any site that can give full access for research thesis RRLs? (no payment plez)T u T, stumped coz i feel like the sites im going to are not enough even ones provided by my college

[queen crypt]

ALSO

[woeful sigil]

Done

[plush tundra]

@grizzled stone just contributed to your work ! 😄 good luck 🙂

[grizzled stone]

Thank you so much!☺️

[grizzled stone]

thanks friend❤️

[spiral rapids]

done

[grizzled stone]

🤗

[half cliff]

hi guys? could you help me boost our page? I really need it for our grades and I really appreciate it if you like our fb page 🥺🥺🥺

here's the link:

https://www.facebook.com/ExtraaServicee.ph/?ref=page_internal

[craggy marten]

Should I do MSc in CSE or MBA?

[lethal plume]

Hey guys. I'm currently a student in an International School (Year 11) taking the ACT program looking to go to UNSW to get my Bachelors in Commerce. I was just wondering what your guys thoughts were on what my majors should be in order to land a job as an Investment Banker? Cause I'm only just like, making life plans now... and ya boi needs some of that easy advice, ya dig?

[wintry lodge]

don't focus on money too much. pick a job that would interest you, being an investment banker is extremely competitive so are you sure you're up for it?

[lethal plume]

i've always been up for competition and a fast-paced work environment is just what works for me (i've always been shitty in slow paced spaces for either study... or really just anything to be honest). I know investment banking has a bit bad rep, but it's what I think will throw me into the deep well enough to then be able to leave after a few years and join (or a startup) a PE firm. it's all just ideas in the works of course, but with an optimistic mindset and some (or realistically a crap ton of) work beforehand, I think it would be aight.

[wintry lodge]

OK, if you say so. its pretty late to choose as i believe you've decided your majors but it wouldn't be that much of an issue as to be an investment banker you can come from any any angle if your portfolio is built extremely well. however i would still recommend to try and get any econ based majors. I'm not the best person to ask so make sure to ask others.

[plush tundra]

Anyone here pursuing private equity

?

[south bear]

Hello, anyone that know at least some Spanish can help me with these questionnaire, it’s for my school final project, i need 400 answers, hope you all can help me

https://docs.google.com/forms/d/e/1FAIpQLSdYniYtvDnLclNoDlIBvY5yAW_0QPl-875FGUlaraWkxauHsg/viewform?usp=sf_link

Nice to meet you and have a nice day, keep studying!!!!

[indigo verge]

what do you mean

[frail nova]

what makes a coin worth its price?

[olive chasm]

the belief that it holds value by people

[frail nova]

yes but let's say why is Dollar worth less than Euro?

[viral bolt]

How do you guys remember business concepts 🥲

[idle lodge]

Use mental associations
Colours, acronyms and word associations can be especially useful tools to help you hold on to thoughts, patterns and concepts.

[woeful sigil]

Disclaimer, I am not in economics:
So there are a ton of different reasons why a currency would hold its value, increase/decrease. The first things that spring to mind are:

• the stability of the country(ies) that use that currency, this stability is in economical, political and social aspect, and probably in more aspects as well
• the amount of countries/places that accept the currency
• What can you buy with the currency
• I believe it has to do with the amount of gold reserves the currency has as a balance
• How trustworthy is the currency (This has ties with the stability)
• Do people want the currency?
  Again, like I said before I do not do economics or anything related but I just hope that this helps you understand what influences it in laymen terms. There are a ton of different things that influence a currency that I do not know about, some of my examples might even be wrong, I don't know (but feel free to correct me)

[frail nova]

this helps a lot, thank you very much

[dense stratus]

The dollar is not tied to gold. People just stick to it because they have to use it and thus believe in it. You can look at money like a good, so it follows the axioms of supply & demand. Some currencies have more supply, some less.

[upper sonnet]

Ya te respondi mano espero que te haya sido de utilidad

[silver tulip]

ooh this chat is for busines like a studying subject? I thought actual business is being made here xD

[thick ermine]

GOt a question for here, how do you market a hotel?

[lone palm]

I would market it at common places where people have to transit @thick ermine

something like a hub,

Special breakfast offers, special rates when flying with certain airlines/travel companies (granted theres a special deal made with that company)

hotels are tough to market, I think most of the time its about the reviews that are being made

[fluid osprey]

Thats too vauge of a question

u need ot know ur demograpic first

Do a swot analysis

Do the 5 C's

to start with

but its complex

[tepid dagger]

If you know things about personal finance/investing/business hmu I need some help, I’ll also try to help you if you want

[indigo verge]

Wassup?

[indigo verge]

Serious inquiries only.
I’m from Paris and I want to improve my English via zoom meeting. I can teach French in return.
I search someone serious to talk minimum 5 day a week.
Warm regards.

[winged cypress]

Does anyone recommend a way to study business besides going to college? I am about to enter trade school however I was wondering if there are any good books to help me study.

[limpid prawn]

same

[tepid dagger]

I'll send you a pm

[heady agate]

Anyone here understand the Black-Scholes model? 😅

[indigo verge]

I understand that it's all mumbo-jumbo to me hahah

[indigo verge]

anyone familiar with management accounting? my mum has her exam in that but I am cluelesss so I can't help for shit

[fast talon]

does she pursue a specific associate degree? (i.e ACCA, ACA, CIMA) ?

because as I know, although managerial accounting, is managerial accounting. There are different syllabus in some cases that depends from the associate degree structure

[indigo verge]

ohhh thanks for replying... she got it in the end

[fast talon]

Good, I would definitely recommend her to check out opentuition.com if she pursue one of the above qualifications. It's really useful resource, free of charge, that contains small videos made by experienced teachers on every... yes... every chapter of any book (including managerial accounting). When I find a difficulty to understand the material from book, or professor, they are the first place I go to.

[indigo verge]

oh that is phenomenal tip. thank you I'll let her know. I appreciate it

[long hearth]

HI I NEED HELP

if anyone knows about bitcoin. i was stacked in platform which is not available in my country and to out of it i need phone varication so if anyone can help me

[serene socket]

Which exchange are you using?
Try creating an account in an exchange available in your country and transfer your btc if you want to cash out.

[long hearth]

to transfer out to another platform I have to have Chinese phone number to send verication code

[long hearth]

the platform is bkex

[serene socket]

So how did buy in the first place?

[tiny oar]

when we are talking about btc, do you know how to change mone for btc without ID and such verification?

[indigo verge]

Hi guys, anyone here preparing for GMAT tests or TAGE MAGE ?

[modern dust]

Hello! Does anyone here know about the case named: "Flex Hungary: Launching Production (A)"? i need some helps :(((

[little rock]

nope, but what do u need help with?

[weak ravine]

Just curious. What are you guys studying? I'm working on a presentation using the framework in the book: Driving Digital Strategy by Sunil Gupta.

[modern dust]

my Operation management subject

[restive dove]

hello i have a problem with maximum likelihood. im trying to wrap my head around what this vector theta actually looks like (marked yellow). it just confuses me so much. f isnt defined and how can you define a vector as a result of a function with ITSELF as input ? isnt that recursion? https://cdn.discordapp.com/attachments/843614499973365769/852605236505608207/image0.jpg

😦

[steep kraken]

@restive dove hello! So as far as I understood, they are not defining the vector theta, rather they are saying {wt} comes from a distribution f which is parametrized by theta

So I dont exactly know the context of this particular paragraph, but you can think of theta to be the parameter of some distribution

so for example, if you have a Gaussian distribution then theta would be sigma(standard deviation) and myu( mean) You can google gaussian if you're not familiar with it

This helped me understand the intuition: https://towardsdatascience.com/probability-concepts-explained-maximum-likelihood-estimation-c7b4342fdbb1

[restive dove]

this article was really helpful

thanks

[steep kraken]

You're welcome 🙂

[sand quiver]

does by any chance anyone here knows how to calculate de Gini coef. with integrals ?

[restive dove]

Can anybody around here recommend a good textbook for learning econometrics? I study computer science but have a hard time wrapping my head around business math

[magic tide]

Yes me

[indigo verge]

Can anyone here suggest a buisness related book like rich dad poor dad?

[restive dove]

bruh rich dad poor dad is one of these books which are so abstract and unspecific it can literally be summed up with "dont waste money"

"getting past no" is similar although not as unhelpful

[indigo verge]

One of the better Business books to read is Start With Why by Simon Sinek

It's one of those books anyone in business should have read at least once

@indigo verge brother do you have it's pdf?

Lemme check

One sec

Ok waiting

[indigo verge]

Guys do you know any good books for business?

[indigo verge]

@indigo verge rich dad poor dad

[indigo verge]

I have it already do u know any others?

@indigo verge have u read it full?

[indigo verge]

Start With Why

[cursive drift]

think and grow rich

[white rock]

Your Money or Your Life, I Will Teach You to be Rich, The Richest Man in Babylon, Unscripted, and Simple Path to Wealth are some good books comparable to Rich Dad, most are even better imo

[indigo verge]

@white rock thank you so much dear

[modest kraken]

does anyone has an example of SWOT planing??

[indigo verge]

Can you elaborate?

I don't fully understand the question

It's a tool to help you plan, it's not a plan by itself

[split notch]

Are here people that really study/make investments? (not "rich dad, poor dad" crap)

[modest kraken]

like someone actually using it, not just the theory of it

[indigo verge]

Investments as in stocks, or businesses?

[indigo verge]

I'm sure there's plenty of examples out there

[silver fractal]

hey, who can give me some money

[trail reef]

Is millions enough

[indigo verge]

Hey who can give me 1trillion?

[honest moss]

I am studying in this theme

[restive dove]

is there a difference between joint log likelihood and concentrated log likelihood?

[lone reef]

is there books for accounting you would recommend to a grade 11?

[coral ridge]

hey

everybody

i need help

please

[whole edge]

t.s. grewal

[indigo verge]

wassup?

[elder knoll]

You can do DK Goel, if you're from India😅

[sudden ibex]

I needa do a promotional video promoting a fake soccer academy so ppl can sign up but I don’t know where to start anyone wanna help me out ?

[indigo verge]

Is it for a school project?

Did they give you any direction to go in, or is it up to you how you make it?

[sudden ibex]

Up to me

[sudden ibex]

Ye

[indigo verge]

You could make a bit of a parody

Make it look like a terrible academy on purpose

[sour venture]

Can someone help me invest in webull im new to it and I don’t know what stocks to buy, my budget is $10

[indigo verge]

Hiya! What is your goal with investing?

[sour venture]

Building private income, I don’t want to work a 9-5 job

[indigo verge]

How much do you know about investing in general?

[jolly kite]

10$ will become 50$ in 3 years ,
If you are damn lucky

[indigo verge]

If you want financial independence, there's two ways of doing it:

1. Take risks and hope you multiply your money in a short amount of time. But this way it's easy to lose money, so it's best to be done with money you don't mind losing.
2. You invest safely in ETF's to build sustainable wealth over the long term. This is the safer option and pretty much ha guarantee because you use compounded interest. It takes a lot longer, but it will make sure you have a great pension

If you're not comfortable losing the money you invest, don't invest in single stocks

In general, a maximum of about 30% of hedgefund managers are able to beat the market and these are people that have studied to be able to beat the market.
The chances of you as a layman investing in "the new Tesla or Apple" are very slim

I am a big fan of playing it safe and building wealth over the years, and the richest people in the world agree... one of those people is Warren Buffet

If you have money, invest in real estate

But tbh, 10 dollers is not a lot and if that's all you can spare... don't take risks.
Invest smart and grow that 10 dollars

[buoyant sleet]

so... those ads on youtube of investing on amazon or google or apple or tesla...are fake right?

[indigo verge]

They make the truth seem better than it is... Most people lose money investing in single stocks

[sudden ibex]

That sounds pretty good ngl

[thick hamlet]

I am watching Everything about entrepreneurship, a course where you can learn everything about business. I am making notes of it and if you want I can share it here for free so that you can learn from it?

So would you like to have them?

[indigo verge]

I'd like to see those!

[granite dust]

Most people don't even make huge financial gains even with a diverse portfolio

Just means the losses are less painful and the gains are less big

[indigo verge]

That's the whole idea

You gain more wealth over time

[granite dust]

Yeah. No such thing as a quick buck with stocks, even though youtube and other platforms might make it seem that way

[indigo verge]

Historically ETF's have always had positive return

[indigo verge]

Exactly

And investing in single stocks is basically gambling, so never do it with money you're not ok with losing

People hear all these succes stories and think they can do it as well, but reality is that most people aren't that special. So it's often best to play it safe and focus on long term success

[thick hamlet]

And everyone who wants to join the telegram channel where I share notes about a business course where you can learn everything about businesses for free, here is the link t.me/EAEnotes

[white rock]

no advertising.

[frail nova]

because of Covid, the price for Euro skyrocketed. Does that mean that it will get cheaper from now on?

since travelling will be a norm again, wouldn't it be normal for the price to increase?
what do you think frens

[granite furnace]

shut up and buy dogecoin

[rapid cedar]

not a good investment anymore. it just blew up for a bit because of elon. now its dead again. the problem is it doesnt have any practical use .

[indigo verge]

I think you should read more about this. Just because the price is going up or down doesn't mean it will go the other way

You can make educated guesses based on knowledge you've gained from reading up on the subject, but it will always be a gamble

Currency is a very difficult beast to predict imo

[frail nova]

can you help[ me with that too? what sites/sources can I read about it? Thanks in advance

[frail nova]

understandable

[indigo verge]

This I don't know

I don't like to gamble

[frail nova]

I will search more, thanks a lot

[indigo verge]

Look into ETF's as well!

[honest moss]

I think same good ETF best variants for beginners

[velvet vessel]

hello, does anyone know the difference, or more so the pros and cons, of a business and marketing degree/major

I'm trying to figure out what to major in and I was wondering how different (or similar) these degrees are, in college and when looking for a job after graduation

[somber jungle]

My advice would be to 1. look into the courses for each major and see which seem more useful for you. 2. look into job postings for your 'ideal future job'; what kind of majors and skills are they looking for?

To me it seems that business is a more general major, which may be useful if you decide you want to be open to jobs that aren't specific to marketing. If you really want to do marketing, the marketing major may open more opportunities to work on marketing-related projects. But it depends on how the majors are designed at your school.

Regardless which one you choose, make sure you take one or two "core" technical business classes. For my school, these were financial accounting, managerial accounting, and economics. Imo lots of business/marketing skills can be learned on the job, with the exception of the technical material taught in these core classes.

[velvet vessel]

wow tysmm, I'm just starting the college app process :') so I still have ways to go on college/major research and this def helped

[somber jungle]

Nice - also, I'm sure the upperclassmen will be able to provide much more detailed information about the majors at your school and whether they like it. If you get the opportunity to talk to a current student, definitely take it.

[velvet vessel]

ooo true true, thx again!

[indigo verge]

Hi
Idk why I can’t think of reasons but how does your geographical location (specifically within a country) affect unemployment?

[indigo verge]

It can be affected by how developed your area is, the job availability of the area, the level op development of your country, infrastructure and main exports

And whole lot of other reasons

[indigo verge]

help pls

[granite dust]

Perhaps increase in sale volumes and increased relationship/goodwill between buyer and supplier

[magic tide]

Can anyone tell a good platform or website for reading business case studies?

[magic tide]

Will also decrease the purchase cost.

[granite dust]

https://libguides.mcmaster.ca/business-cases/free Something like this?

[magic tide]

@granite dust thanks buddy. 😁

[granite dust]

No problem!

[arctic river]

⠀
⠀

[errant elm]

hello, does anyone has book recommendation for accounting information system?

[harsh crescent]

I don't have any particular books in mind, since my own course isn't in english, but a common author for both basic and advanced studies is Kenneth W. Boyd. Also Barry Elliott and Michael Coltman.
I don't know if any of them focuses on information systems also, but i'd think they would make for a good start.

Do you have any particular information system that is used in your course?

[errant elm]

i'll keep that in mind thank you!

[harsh crescent]

No prob.. Good luck with your studies! ^^

[obtuse scaffold]

Hello, can i know what's the difference between production overhead and manufacturing overhead ??

[indigo verge]

Anyone trade stocks like I do

[white rock]

yes

[indigo verge]

@white rock okay dm me

[spark orbit]

Does anyone know the hoover-balassa index ?

And the diversification

[indigo verge]

hi does anyone know how to do q3?

[somber jungle]

You want to know the economic well-being of a country. GDP only tells you the amount of money there is. GDP does not consider how much money you need (price level) or how many people need the money (population).

1. Let's say that next year, you have more money, but everything at the store is more expensive. If you only look at how much money there is, you may incorrectly infer that economic well-being has increased.

2. Let's say that next year, you have more money, but your family is bigger, so more people need the money. Again, if you only look at how much money there is, you may incorrectly infer that economic well-being has increased.

[sour venture]

I have a question for the people in America… what’s the best place to get a bank account??🤔💳

[vivid frigate]

hi everyone, is anyone here can help me do my assignment about business organisations?

[indigo verge]

i see thank you

[rose thorn]

hi @grand cloak where are you from im an accountancy student 🙂

try reading this https://www.academia.edu/33407160/Financial_and_Managerial_Accounting_Williams_Jan_SRG_ :))

[indigo verge]

Hi I'm thinking of starting a business but I don't know anything about pricing.
First, my business plan is to use a Blaupunkt pressure washer PW5200i to clean floors and cars in my city. This week I'm going to start cold-calling people by either calling them or knocking at their door. It takes me about 4 hours to clean a 200 square meter area of granite but I can clean cars in less than 2 mins. I don't know if demand is price inelastic or price elastic. Does anyone have any advice on how I should price my services? Minimum wage per hour is around 5€ here. Maybe that's a good place to start? Thank you in advance to anyone who reads this :))

[elfin geyser]

Price will be elastic because if you price your service high, people wouldn't want to pay for it as it's not a necessity. If you're going to start a business, make sure your costs of direct and indirect costs are covered, plus how much you're willing to profit from it all. You'd also need to do your own market research first before anything else.

[rose thorn]

henloooo :)))

[indigo verge]

you would also have to pay for the car shampoo and other stuff. I assume you have to rent the pressure washer and then the cost of transportation , the extension cables and other stuffs price also has to be taken into consideration

[deft fossil]

Chronic capatalists

[gleaming jewel]

///Hello there. We have a project about the online study. In order to realize this project, we need to do research. We would appreciate it if you could spare your precious time to answer the questionnaire.

///Merhaba. Online çalışma ile ilgili bir projemiz var. Bu projeyi gerçekleştirmek için araştırma yapmamız gerekiyor. Değerli vaktinizi ayırıp anketi yanıtlarsanız çok seviniriz.

English survey >>> https://forms.gle/wg3cXF6zTkYSSdcn8
Türkçe anket >>>
https://forms.gle/HHeVJcSwpBkbUqNy8

Thank you for helping 🙂
-SanReal Library

[granite furnace]

u guys doing MBA?

[unreal crystal]

I just graduating cum laude with marketing from RBS, but I'm really into retail market trading. Anyone else here do marketing or finance ?

[unreal crystal]

What's the project about

[sudden marsh]

I might consider it in a couple years after having worked a steady job. I'm currently doing an extracurricular course on fintech where I have to pitch a start-up and it's honestly kind of interesting

[indigo verge]

this is actually really cool

[indigo verge]

i might do it, pays pretty well, it can also be a boost if you already have business running

[sudden marsh]

Yeah it is! So I have to present tomorrow. I'll be presenting a start-up that creates a platform where governments can purchase carbon sequestration capacity from private companies. Under the Paris agreement we want to be net-zero regarding emissions by 2030. To reach this goal we can't just decrease emissions, it won't work. The other solution is carbon capture and storage (ccs). Our idea is to create a blockchain based marketplace where ccs facilities can offer their capacity to countries that need to meet their net-zero emission targets but don't have the capacity to create such a facility themselves. Whether that is due to monetary/time constraints doesn't matter.

[indigo verge]

that is indeed awesome, good luck on your presentation

[sudden marsh]

Thanks :)

[blissful barn]

I'm doing summer homework for econ next year and I'm struggling to understand what this question is even asking. It's reffering to Adam Smith's Wealth of Nations: According to Smith, how does welfare one individual contribute to the Nation’s domestic value?
Does anyone know what the question is trying to ask? I'm a bit lost. Maybe my brain is having a moment idk

I'm thinking theres some typo but I don't know where

[young knot]

Hi

just wanna ask

on how to earn online as a teen

[north yoke]

what do you want to learn?

[young knot]

I want to learn on how to have a business that gives me passive income

[blissful barn]

A good place to start would be stock trading

Learn the basics, open some sort of account, and learn how to play the market, and make money while you’re at it! Lol. Of course, there is also a potential to lose money, but if you’re smart you will learn what works and what doesn’t over time

[young knot]

thanks a lot

[near cloak]

anyone know why interest rates dropped so much before 2010

[trail merlin]

I red the channel name instead of business i red it bussins

[elfin geyser]

2008 financial crash

[weary fossil]

Any IB HL Business students here?

[hollow thorn]

idk if you should promote things like this man

[runic badger]

hi i wanted to know more about how stocks work r they the same as shares and if i buy a share in tesla do i still get dividends before selling the share?

[indigo verge]

If u want to receive a dividend you have to buy a stock “before” and not “on” the Ex-dividend date. And if u sell ur shares “on” the Ex- dividend or “after” you’ll still receive the dividend even if ur no longer a shareholder.

I think the word stock and share are used interchangeably by people and they’re kind of the same. But if u want to know the difference then think of it like this “Stocks are divided into shares”. Well that’s what I think soo maybe there is a better definition somewhere.

[sharp monolith]

@lament plover help me

[swift ore]

need help in accounts

2 column cash book

can someone dm?

[delicate salmon]

hey im a chronic procrastinator and i need to get 25/25 in my upcoming exam in Business Studies. Any tips for this poor soul. I have nothing to lose, hence I'm asking y'all

the portions are Formation of a company and Public,Private and Global Enterprises

[indigo verge]

Hi everyone, I am looking for a colleague we can support each other, if anyone thinks, please write, thank you

[gritty needle]

Heyy Hello everybody☺ ,

are there and business owner?

[indigo verge]

yo anyone know what proceeds from long term borrowing means in a cash flow context (accouting) is this just the cash that you receive?

[tired echo]

If you're referring to a cash flow statement, it might be cash flow from investing/financing

[indigo verge]

Thanks yeah did some more research and it is money made using the money borrowed eg if you invested the loan and made income

[tired echo]

lol I hate cash flow statements ugh

its my least favourite statement

[indigo verge]

100% I’m doing consolidated cash flows now I absolutely hate them haha

[hollow token]

Yo is there anyone in here that’s in college majoring in Econ? Thinking of majoring that in college and just wanna talk to someone who is in the major Thanks!

[still bay]

guys im studying year 1 maroeconomics so i just wanna ask, is the reason that we're constantly printing us bills because inflation is constantly happening?

[indigo verge]

https://eu.usatoday.com/in-depth/money/2020/05/12/coronavirushow-u-s-printing-dollars-save-economy-during-crisis-fed/3038117001/

[indigo verge]

its more complex than that often part of a process of quantitative easing if you know what that is

https://www.forbes.com/advisor/investing/quantitative-easing-qe/

[still bay]

I'll look into it, thanks a ton

[lavish hedge]

Not really. Super low interest rates over the last 10 years since the GFC (plus the US Fed is still selling assets it bought during the last recession) put the Fed in a position where it couldn't really lower interest rates, so quantitative easing was their only feasible option. QE basically means the government is buying corporate bonds, only this time they didn't just buy AAA corporate bonds, they bought a whole lot of less ideal corporate bonds because they had to, they couldn't run the risk of businesses failing one after the other. This has left us in the position where 25% of US currency has been printed since Q1 of 2020. However, it didn't have a super big impact until because the businesses can't spend all that money at once, but now that the economy is well and truly open up again, businesses are free to invest and hire more. This drove up prices for both goods and services once vaccines started rolling out, thus the big spike in CPI numbers last quarter.

So now the Fed is facing another problem, inflation that they've created. They can either a) increase interest rates, b) cut back on QE programs, or c) start selling more treasury bills. b and c are quite obvious first steps, but it won't be anywhere near enough, especially if, as expected, inflation next quarter is just high. So the Fed is going to have to raise interest rates, and sometime soon by the looks of things. Raising interest rates will affect everybody who has taken a loan recently, notably mortgage payments will rise. It won't be by much, but it'll spook real-estate investors enough that much of the value that real-estate has gained in the last few years will disappear - to combat inflation the Fed is going to have to kneecap the housing market. Again.

TL;DR - poor forward planning by the Fed lead to very cheap money, which has put us in this position. The solution will be painful in the short term, but don't expect hyperinflation anytime soon.

[indigo verge]

anyone here doing the ACA exams

?

[elder tendon]

I don't think printing of more currency is helping anyone. Printing of money will increase the supply of money while reducing the value of money. Earlier if a bottle costed $10 then now gradually it will increase for example $10.1, $10.2, $10.3,... Etc etc untill it increases a lot.

[lavish hedge]

Printing money isn't necessarily a bad thing, and if you subscribe to quantity theory (which should be covered in any decent first year macro course), it's not quite as simple as printers go brrrr causes inflation.

You'll learn to see the system more as Money * Velocity = Price * Output. Printing more money makes sense if velocity, how many times one unit is used in some time period (essentially measure of how many transactions a note or coin will be involved in any given year), has decreased. Covid lockdowns meant people were out of work, earning and spending less, and saving more. All this decreased money velocity, so the fed acted by increasing the supply of money to balance the equation.

Now if velocity was stable, and the government started printing money (see Zimbabwe, Venezuela, and Germany), then we would see large levels of inflation. All these examples were governments in debt printing money to pay for that debt, instead of taking the L and coughing up.

That's not what we saw in 2020 - the money printers were turned on because the money printers had to be turned on. Only start to worry if the printers are still turned on high speed 12-18 months from now.

[shrewd nova]

can anyone help me out??

[true prism]

750000 is the answer

[vital hamlet]

Can anyone explain me the meaning of formal contracts and simple contracts?

[indigo verge]

A simple contract is one that hasn’t been legally recorded or sealed so it could be written or verbal.
While a formal contract is one that has been legally recorded and written.

[vital hamlet]

Okay thank you. Btw can you explain to me how can formal contracts be valid even if they lack consideration?

[indigo verge]

What I know is that if the element of consideration isn’t there then there is no contract

The four elements of a contract must be present for a contract to form

[vital hamlet]

Here, it is written that "validity of formal contracts depend upon their form. They are valid even if they lack consideration. They are of two types:

1. contract under seal
2. contract of records

Contract under seal are in writing and signed by the parties to them.
Contract of records includes the court judgements and recognisance, obligations in such cases arise out of judgement and not under the contract."

This is the part I am getting confused at.

[elder tendon]

Monica = 150000, Assumpta = 250000, Christina = 100000... This is the amount credited to Scholastica by all the other partners on her admission. Entry for the same will be - Monica a/c debit, Assumpta a/c debit, Christina a/c debit To Scholastica a/c

[hearty aspen]

Anyone know how to get libor? I can't really understand

[slow musk]

Just google LIBOR rate

[sacred fox]

Hi is it alright if someone can help me with Q1 part e? I’ve been stuck on this question for ages. Ping if you do and thanks in advance!!

[prime cloud]

heyy, first you can write the defination about flow production, then write about the advantages and disadvantages of it, while linking it to the case study

[elfin geyser]

The question's asking if using the flow production method is more efficient and cost-effective than using the batch production method. In this case, I'd say Carlos should not adopt the flow production method (also known as continuous production) as that'll create more wastage considering he's only selling his goods to local shops. This also insinuates the demand for these loaves and cakes are low and are consumed locally. You can then elaborate your answer further by making a comparison between the two production methods (i.e. assuming it's a local, one-off bakery; a batch production allows Carlos to assess how much stock/ supplies he needs to make his productions in-house...etc.)

[sacred fox]

Thank you so much!!

[gaunt zinc]

Hello can someone help me with my homework if you own a business i have to interview a business owner

[spare haven]

Doesn’t have to be a from a buisness owner. Ask a friend or a close person to answer questions from a buisnessmans prespective

[gaunt zinc]

Ok

[placid coral]

can someone explain SIG-Special Interest Groups

[oblique badge]

@gaunt zinc I can help you

[restive fern]

Hey anybody, Can i ask you what makes difference qualitative characteristics of IFRS and GAAP ?

[primal light]

hey, does anyone have a teacher's guide for this?

[glacial oak]

help me become a business man plz

[empty steeple]

What sort ?

[glacial oak]

every

[empty steeple]

so step 1:
Study business for your igcse's and A-levels

[glacial oak]

but im a married man

[empty steeple]

so ... hmm let me think

[glacial oak]

so should I redo school

[empty steeple]

Great!

perfect

go ahead and redo your whole school life

What country do you live in

?

[glacial oak]

europe

[empty steeple]

Oh damn. I've been to that country

its a beautiful place

[glacial oak]

same

[clear barn]

yeah same

[indigo verge]

Hi guys, do you know any good business podcast?

[elfin geyser]

Are there any particular content you're interested in and/or you're looking for?

[indigo verge]

I'm interested in finances and global economy

[elfin geyser]

I'd recommend FT News Briefing if you're looking to be more commercially aware. They upload every weekday.** Freakonomics Radio** if you like problem-solving or if you've read the book and found that interesting; FT News in Focus

[indigo verge]

thank you so much

[hearty aspen]

For Q3, anyone can roughly tell me what should I mention?

[tough crow]

MBA, if u hv done ur bachelor's

[tough crow]

Business daily by BBC and TED Business

[burnt shell]

Start up by gimlet media

[midnight forge]

Portfolio management,need some help

[delicate lynx]

hey everyone!! do any of you know a website in order to study/revise data analysis ?

(tag me if you answer me because i don't go on discord too often)

[supple vortex]

wat is da purpose of cash flows? and why most of da companies are using it?

[supple vortex]

why is statement of cash flows very useful for the company?

[elder tendon]

cash flow statement serves as a statement to know where the cash is being utilized by the company, the cash flow is not only useful to company but also to other stakeholders such as shareholders, investors, creditors etc. The cash is utilized for various purposes ranging from operating to investing to financing. Cash Flow ascertain how much the company has used in what activity. it is not compulsory for all companies to make cash flows. companies that are required to prepare cash flows have to follow Section 129 of Indian Companies Act,2013 (whatever corresponding law your country has on Financial Statements). Thus it is compulsory for certain companies to make Cash Flows.

[elder tendon]

Cash Flow Statement helps management to ascertain where cash is being used up. which in turn helps to manage its flow and control the excess flow if any. For example the cash balance shows negative balance since 3 financial years and the company is investing its cash only in Fixed Assets then after seeing the cash flow statement the company will curb its investing activities and redirect any excess to operating or Financing. Redirecting in Financing can also help company clear its financial liabilities. and redirecting excess to operating can help company expand its operating efficiency (main business).

[supple vortex]

Wow. I really appreciate this. Thankyousomuch🤍 It's a great help!

Godbless you

[elder tendon]

thanks buddy

[hearty aspen]

How single discount rate affects WACC?

[fading plover]

Do we deduct cash discount first or trade discount?

[elder tendon]

We first deduct trade discount and then we deduct cash discount from any item. We do this because the buyer may or may not be sure to purchase the item on cash basis at first. Another possible reason is that the seller wants the buyer to think that he is giving two discounts to the customer.

[granite dust]

Anyone have a good video or text explaining absorption costing vs variable costing regarding management accounting

I'm having trouble with getting the income statements correct

[elder tendon]

https://unacademy.com/class/l78-ca-inter-costing-ch13-marginal-costing/TBM724V7 this is for marginal costing if you understand hindi

this is L78, watch till L80

https://unacademy.com/class/l63-ca-inter-costing-ch4-overhead-cost/RMD4DFMS This is Costing under absorption basis ... The link is for lec 63 watch till 73

[indigo verge]

yo

can someone help with budgeting questions ?

this question for example

[indigo verge]

dead chat?

[elder tendon]

Don't know the answer to your question bro 😔

[indigo verge]

np lol

[full iron]

hi! can someone explain what up economy is? thank you.

[elder tendon]

The question you asked is very open ended, the definition of economics extends to a lot. With the change of era and expansion of world economy the meaning and the significance of economics has also changed. During 1900 the definition was way different than what it is today. So please ask a specific question, like you want to understand what microeconomics is or what macroeconomics is etc etc.

[supple vortex]

what is managements primary goal? what do investors expect to receive when they buy a share of stock?

[elder tendon]

management's primary goal is to attains targets/goals/plans effectively and efficiently . Investors holding shares expect to earn profit on those shares that he has purchase. this is a general scenario. some investor may invest to earn dividend or just to be the owners of that company. Investors hold shares till company earn large profits and its price increases, when this happens the investor sells those shares and earn huge profits.

[supple vortex]

Thankyouverymuch as always @elder tendon

i'm confused if do investors know for sure how much they will receive?

[elder tendon]

No investors cant be sure as to how much they will make profit as the market price fluctuates and depends on the profitablity. Although a investor can speculate as to much he can make, for eg if he thinks that company is going to make profit of around xyz number then maybe the price of his share will increse thus he can make a profit of abc number by selling his holdings

[elder tendon]

if i am free i can answer and so i do it

[supple vortex]

thankyousomuch

🤍

[supple vortex]

is this right?

[elder tendon]

Income statement is a snapshot of firms performance

[elder tendon]

I don't know about the first part though 😅 i am very poor with cash flow statements...i am getting answer of 7million$ 😂😂

[supple vortex]

why income statement? my answer is balance sheet😅

disregard the first question hehe

[elder tendon]

because see performance in business is ascertained by profits you earn in a year. since the income statements show all the expenses and revenues and helps to ascertain profit it plays a pivotal role in the performance. balance sheet on the other hand only states the current status of all of our liabilities and assets

its the feature/characteristics of income statements to show performance while balance sheet to show financial position of the company

[supple vortex]

oh i see, income statement is more vital than balance sheet, wow thankyou though

[elder tendon]

Yes balance sheet is just for comparison, what income statement is to the stakeholders can never be to balance sheet 😂😂😂😂

[supple vortex]

so stupid of me lol🤣

[elder tendon]

no its fine, when i was in 11th grade i also used to think that

[supple vortex]

thanks for correcting me

i appreciate it a lot

[elder tendon]

u asked for it, i helped thats all

[supple vortex]

Thankyouverymuch

Are you taking up business course?

[elder tendon]

i am doing Chartered Accountancy

[supple vortex]

Oh i see

[placid coral]

im only in hs and im taking a business management course. anyone got any tips on how to study for tests

[elder tendon]

What do they teach u in business management course.

[placid coral]

Right now we found over human resources

[elder tendon]

Lets talk on personal not to disturb anyone

[indigo verge]

@elder tendon which level of ca?

[elder tendon]

Intermediate

[elder tendon]

wbu?

[indigo verge]

Im studying intermediate

[elder tendon]

both grps or one ?? and attempt ?

[indigo verge]

1st..

[elder tendon]

great i am also a rookie, i.e first timer

[indigo verge]

Direct or indirect route@elder tendon

[elder tendon]

indirect route

cleared foundation in dec attempt last year

[indigo verge]

Oh

[elder tendon]

u??

[indigo verge]

Dk

[elder tendon]

direct route ??

[primal light]

need some ideas for the b part. thoughts?

[rocky belfry]

could it be due to restructuring of the company?

[primal light]

the question focusing on a whole country though

would that still work?

[rocky belfry]

sry im not a biz student but probably not throughout the country

[plush tundra]

as a country grows economically, it's citizens will move from primary to secondary and from secondary to tertiary sectors

due to being richer they can start importing goods and services created by the primary & secondary sectors

so those sectors will decrease

[elder tendon]

True

[primal light]

oh I see, thank you

[vital hamlet]

what is the shape of a unitary elastic supply curve? does it slope downwards from left to right?

[elder tendon]

Yes, all supply curve slope downward

[wet fjord]

A company is experiencing sluggish growth despite cutting major back end cost savings.
What strategies can we suggest as a consultant, to increase annual growth and profitability?

[elder tendon]

Growth is less reactive to cost savings and cuttings because it could be due to the so called growth slump. I major factor in growth and profitability is to reinvest profits and to cut down interest rates. Another alternative could be to use equity leverage. That is raising debt capital in equivalence with share capital. Reinvestment in the same business can take a long time but it does have its own set of benefits

Reduction in costs increaes profitability at the current level of selling price. But if this also isnt helping then the company needs to have an internal audit of its activities to find loopholes in their system.

[wet fjord]

@elder tendon thankyou

[elder tendon]

I hope u understood

[fading plover]

how to end a double columnar cash book

what is carriage inward and carriage ooutwards

what is return in and return outwards

[elder tendon]

by transferring balances

[elder tendon]

carriage inwards is the carriage amt paid for goods u purchased from your buyer. and carriage outwards is the amt u paid to the carriage on goods that u sold

[elder tendon]

return in is sales return and return out is purchase return

[fading plover]

@elder tendon tysm

[elder tendon]

no problem

treatments bhi batao kya ??

[elder tendon]

could u please translate in english for us to help u

[zealous idol]

is undergrad from a very good college a necessity for doing mba from abroad?

[elder tendon]

scoring good marks is a criteria

coz visa requires u to pass with certain percentage of marks to apply for in different countries

[zealous idol]

okay thanks!

[elder tendon]

no issues 🙏🙏

[tender torrent]

any accounting student ?

[solemn talon]

I'm supposed to be one 🙃

[tender torrent]

could you help me

i'm not sure if my answer is right

[solemn talon]

Yes! I can try!

[tender torrent]

this is the question

i'm not sure with the t-account for cash, actually i don't understand with what the question wants

[solemn talon]

I answer you by pm

[tender torrent]

akhhh thank you

[elder tendon]

Are your doubts clear ??

[supple vortex]

what am i gonna do with this? how to answer this?

[elder tendon]

U have to answer the effect of these entries

i guess either u have to write the effects in para form or give journal entries

i am not totally sure as to what u have to do, once u get the clarity on that i can get u how to do that

[indigo verge]

I think you need to write down the credit, and debit in each transaction. However, you also need to do a balancing between debit and credit.

[elder tendon]

thats passing journal entry

[indigo verge]

Or you can ask me in private chat. Because I studied when I was a first year. Lemme open the book first hhhhh

[elder tendon]

@supple vortex did you get your answer ??

[supple vortex]

Yes. I did. Thankyou

Thankyou guys. Just opened discord. And we have the same thought. I thought I'm wrong about it but it turns out we have the same thinking about the problem😊

I did the journal entries

[elder tendon]

okay...glad that u were able to solve it on your own

[supple vortex]

Yesyes. 🤍

[waxen quail]

Is this answer to the question correct? "I would say I would agree partially. Because quantification of intangible assets accurately is not possible. Only the perceptional value of intangible assets can be marked at the time of acquisition. in case of Nvidia, the ratio shows that book value is inflated and the market value of the company is much lower. But the market value of the company doesn't include intangible assets of the company, which will increase the price much higher at the point of acquisition."

[elder tendon]

yes you can say that as the market value often does not have the amt of intangible assests but a rough idea of all the values of intangibles do exist in the market for example, today if the market worth of apple is 900 billion then it may contain its tangible portion. The point is that adding the value of intangibles in the market value wont substantially increase your market value.

i'd say partially that your answer is correct, the reasoning is somewhat justified, according to my knowledge though i havent studied acquisition till now. i think you should remove the fact that the intangibles would bring the value to the point of acquisition.

[waxen quail]

thanks guys ❤️

[elder tendon]

But i must say that aquisition has no relation with book value

like u need to check the book value and all but once you acquire the company's major stakeholding you have already aquired the company

https://corporatefinanceinstitute.com/resources/knowledge/valuation/market-to-book-ratio-price-book/

[elder tendon]

You can have a better understanding of market to book ratio from this article

[waxen quail]

alright thank you very much

[elder tendon]

🙏🙏 glad i could help u

[minor basalt]

hi can i post my google form here for my assignment?

[errant kite]

im assuming it's some sort of survey?

[minor basalt]

yeah like asking a question about should the internet be censored like that

[errant kite]

then yeah sure you can send it :)

[final pendant]

hello, I need some help with a finance question, any help is greatly appreciated.

Raffles Bank pays 4% simple interest on its deposit account, whereas Bugis Bank pays interest on its deposit account compounded monthly.
Formulate the quoted and effective interest rates that Bugis Bank should set if it wants to match Raffles Bank, assuming a 5-years horizon period.

[minor basalt]

https://docs.google.com/forms/d/e/1FAIpQLScPwV-ednyVb6b7vFUoJoIUCGCKwr72zqbauwiqmWXtjdbYxA/viewform?usp=sf_link

Hi I need help for this

[elder tendon]

by using the formula of effective interest rate i.e, [(1+i/k)^kn - 1] the effective interest rate in your question is coming at 0.22099659336 or ~0.221

[elder tendon]

if u want to know the formulae then tell, i can explain that also

[final pendant]

sure, that would help alot

[elder tendon]

a bit can be understood by this image

[final pendant]

how about the quoted effective interest rates?

[elder tendon]

i dont know what quoted eir is 😅😅

if u could spread some light on what it is maybe then i can help

[final pendant]

i think it's nominal interest rate

[elder tendon]

ohhkay

Here in your question the nominal Rate of Interest is 4% while effective is 4.074% calculated by the formula mentioned earlier

this rate is for a single year

for a period of 5 years the nominal Rate of Interest is 20% and effective rate is ~22.1%

the crux of the above is just that nominal rate does not show the impact of compounding every month in its rate while effective rate show how much effectively you are earning in a year

[final pendant]

jezz man, thanks alot for the help

do you have a tip jar?

[elder tendon]

For ??

😂

[final pendant]

oh haha thought it seemed like reddit where i could tip you for helping me :D

[elder tendon]

u mean that tip...No.. no . dont take that i help because i can not for any consideration in return 🙏🙏

[final pendant]

btw can this formula be used to find the nominal rate of interest?

[final pendant]

ahh appreciate this man

[elder tendon]

i dont know exactly if u can use this because as per my knowledge nominal is just plain percent interest which in your case is 4%

[final pendant]

I see

thanks a ton man :D

[elder tendon]

🙏🙏

[elder tendon]

done 👍👍

[minor basalt]

Thank you so much

[supple vortex]

how does managerial accounting work? and whats the main focus and basic principles of managerial accounting?

[elder tendon]

Maybe this could help

[supple vortex]

Thankyousomuch

[zenith forge]

anyone a business IT expert?

[supple vortex]

Guys
What is Profit Planning and Wealth Maximization?

[supple vortex]

need help

[elder tendon]

Wealth maximization is the objective of management, it states that the wealth of the shareholders be maximised. Wealth as in the amount they have invested in the company. This leads to a obligation on management to not invest or take decisions that could hamper future growth.

[elder tendon]

Yeaahh go ahead ask

[elder tendon]

I don't know about profit planning. But as name suggest maybe it's certainly related to planning profits for the management to work upon. This is mostly done by the top level managers and through delegation and decentralisation the target is distributed throughout organization through various budgets, that they have to adhere

[supple vortex]

what is the main goal of financial management? and what are the elements of financial accounting? i'm somewhat confuse.

[supple vortex]

are the elements of financial accounting are liabilities, assets, income, etc?

[elder tendon]

Profit maximisation and wealth maximisation are goals of financial management. Their are other goals too but these are considered the main as others align with the goals of management as a whole.
As far as Financial Accounting is concerned the elements are - Assets, Liabilities, Equity, Revenues and Expenses.

[supple vortex]

i thought its assets liabilities equity expense and income, my bad. thankyou for correcting me.

does equity almost synonymoud with ownership? and equity is made up of assets minus liabilities and it represents the net assets of a business?

synonymous*

[elder tendon]

Income and revenue are kind of same thing ... revenue is just the technical word

[elder tendon]

Equity is actually [Total Assets - ( Non current liabilities + Current Liabilities )]

Equity is synonymous to ownership, but in accounting it is how much the equity/shareholders have invested in our business. Since company is a separate legal entity, any amount invested in it by anyone else apart from the company itself is a liability. HERE LIABILITY IS THE LIABILITY ONE. NOT THE ELEMENT ONE

This equity is shown on the Liabilities side of the balance sheet

And equity has ( equity share capital and preference share capital )

[supple vortex]

It makes sense now. Thankyou for helping me. It's a big help. And thankyou for correcting me. I really appreciate it.

[elder tendon]

🙏🙏

[supple vortex]

🤍🤍🤍🤍

[celest mural]

안녕하세요
Azure가 알을 할 수있어요?

[elder tendon]

Can u please translate 🙏🙏

[celest mural]

Need some help with Azure

[torpid bloom]

Hi guys. Does anybody know how does it make any difference if the comp adopt cost model or revaluation model to value the asset? How does this affect them?

also what does it mean by " The transfer of surplus on revaluation will only be made in full upon disposal."

[elder tendon]

Their are 3 key element in the statement "surplus on revaluation", "transfer made in full", and "disposal". "surplus on revaluation" is the surplus that you find in the question or through calculation. "transfer made in full" means that all the surplus that you are getting need to be transferred in full amount on "disposal". "disposal " is when you sell the asset or throw away the asset, basically removing it from the balance sheet. Therefore, the revaluation surplus that you obtain needs to be transferred in full upon disposal of the asset. Now the question is where it needs to be transferred, that is what you will obtain from your textbook/pdf/ppt.

[elder tendon]

ohh okay 🙏🙏

[elder tendon]

i dont know what these models are but as far as i think maybe u are talking about cost and market value model. if so then the market value model is a blunder and violates the Historical Principle of Accounting. This model will require u to revalue every assets of the company to the market value which is a godly task as practically every company holds a number of asset which makes it impossible to revalue every year. while the cost model requires u to record asset on cost and when required for disposal we can revalue it to ease the task.

Historical cost is the very principle that enables recording of depreciation, otherwise recording at market value may or may not include depreciation, for example the market value of say a Car at it launch was 10k and u purchased it at the launch, now due to demand and supply the prices have risen, if that happens we cannot calculate depreciation, thus cost model, as i have understood, is important and essential for a company

[torpid bloom]

Noted on this. Thank you so much mate for making it super clear.

[torpid bloom]

Hmm I'm not familiar either with the terms u used. But to be sure, I'll check back later.. again thank you for your time. g'day!

[elder tendon]

Yeaahh even i am not clear if your doubt is solved

😅😅

[elder tendon]

Welcome, it's great that u understood everything 🙏👍

[torpid bloom]

later I'll check w my lecturer, and I'll let you know if u want to(?) haha

[elder tendon]

Yaa do let me know in dm

[supple vortex]

how does managerial accounting work?

[fluid osprey]

the idea is to keep a running record of assets, liabilities and equites -> based on the principle of Assets = Liabilities + Equity

They should always be equal so any chnages on one side of the equation should have a proportionate affect on the other side

[supple vortex]

what are the basic principles of managerial accounting?

[indigo verge]

https://youtu.be/QEQtjxBZkL0

[indigo verge]

Ayy does anyone know provident funds entry in final acc

[elder tendon]

Provident fund has 2 treatments...as in employee's contribution has a different account and employer's contribution has a different account

If only provident account is given and there is no mention of anything like employees contri or employer's contri then treat that amount of provident fund as a liability under current liability. As it is to be paid to the govt.

[supple vortex]

i really dont know what to put in the principles of managerial accounting, im confused which is right

[elder tendon]

https://accountlearning.com/principles-management-accounting/

I don't have much knowledge pertaining this so I can't explain it for you. 😅😅. But this is what i found on the net, maybe this could be helpful

[indigo verge]

Ohhh okeyyy thenks

[elder tendon]

No issues 👍

[minor basalt]

Does anyone take technology management here

[elder tendon]

is there any course like this ??

[minor basalt]

yes

[elder tendon]

no i dont have any idea, sorry

[high sundial]

hello @minor basalt

where do u study

i never heard of that course

can u tell??

[minor basalt]

I found it here @high sundial @elder tendon

[elder tendon]

This is mostly related to engineering and science background

Not all of us are familiar with this

[mellow bough]

Has anyone ever done an exercise of linear programming problem named : DHL Global Forwarding: Consolidation Program ?

[bronze furnace]

can I use this chat for economics helpp aswell?

[errant kite]

yes you can ^^

[white rock]

anyone studying CIMA

[earnest hare]

can i ask accounts questions here ?

[elder tendon]

yes you can

[unique harbor]

anyone could help with my business hw questoin? its just one question
If Wal-Mart issues its credit card at an annual percentage rate of 18% and the balance for one month is $565, calculate intererst for one month.

[earnest hare]

is it $8.475?

[elder tendon]

do you still want the answer

because the combat or test may be over by now 😅😅

[earnest hare]

yes i want

explain me too please if u can

how much will be the capital reserve

[elder tendon]

Now let's understand this. We'll firstly begin with how much call money is kn arrear. That in this question is 3300. This share is fully called by the company hence on on the final call the company may have passed the entry for call due. Which is

Equity share first and final call a/c ----dr
To Equity share capital a/c

Calls in arrears toh baad mein hua hai. So we now they are telling to forfeit the shares. Entry for which is given. It's a basic rules in most cases that the amount we have received from the forfeited shares is mostly transferred to share forfeiture account. Now the company has reissued all the shares at ₹8500. Which means that we have issued those shares at discount. This discount is paid from share forfeiture account always on reissue. Now by simply observing the balance remaining in share forfeiture account we can know the amount to be transferred to capital reserve.

[earnest hare]

Thank You very much

i did everything thing but for that discount on reissue part that's why lol

thanks tho

[elder tendon]

yeah i guess you understood

[earnest hare]

12th boards in 30 days 💀

all mcq this time

[elder tendon]

ohh i thought u were CA foundation

no issues i can help as i have cleared mine 😂😂

[earnest hare]

yes sir

u doing ca foundation now?

[elder tendon]

ca inter

[earnest hare]

oh damn

[tepid patio]

is anyone here in IB or corporate banking at a bulge bracket firm?

I was wondering if anyone could give me some tips on things to study for my interview

[slim ingot]

hello, can someone help me with this

[summer geode]

hello you still need help ?

[slim ingot]

sure

[heavy bone]

Hi, Im wondering how do drop shipping businesses find or partner up with suppliers?

[civic grove]

any business student here knows how to make a proprietary aspect of your new venture? i dont understand what this means

[final pendant]

Stay Healthy Sdn Bhd requires a special bees wax to produce the product "Bee Awesome" product. One unit of "Bee Awesome" balm requires 10 packets of bees wax. The expected sales of "Bee Awesome" product is 500 units per month. The purchase price of 1 packet of bees wax is RM10.
The ordering cost which include staffing cost and handling charges incurred in the purchasing department is RM80 per order. Meanwhile the cost of transportation per order is RM30. The company also pay RM1 per packet of bees wax for storage purposes and the breakage cost is 20% of the purchase price.
Required:
i.
Determine the demand per annum, ordering cost per order and holding cost per gram of bees wax.
(3 marks)
Tabulate the relevant annual cost of order size of 400, 500 and 600 of bees wax per year.
(4 marks)

does anyone here know how to do this?

[humble oak]

I think it's the same as making a monopoly out of your own product. I'm studying Microeconomics and I'm having a hard time trying to understand all that jazz too.

[bronze furnace]

what is a shared cost and example helpp

[supple vortex]

Hey everyone

Can someone help me with this?

[indigo verge]

Can someone help me with this i have a few questions

[sterile lake]

How to get rich fast ?

[unborn flower]

Think

[drowsy cairn]

I would go to the toilet and take a nap

[sleek forge]

hi all, high school economics question: what is the simple formula for aggregate supply?? I only remember aggregate demand (AD = C + I + G +X -M) and google is giving me various answers that look way too complicated

[near dock]

AD = C + I + G + ( X - M )

[elder tendon]

Well aggregate supply is equal to savings plus consumption AS= C+S

That's the simple formula and then you can complicate it much as required

[elder tendon]

If being rich was as easy as asking this simple question then each of us would have been a billionaire. One thing that i have noticed about a ultra rich person is that they are superbly intelligent. They not only possess great skills in their field but also have a great marketing and human management skill. Take for example jeff bezos he is intelligent plus he can also successfully mobilize a team of highly skilled engineers that are way way more intelligent than him. All in all a person becomes rich when he becomes a successful leader. Apart from this a lot of individuals become rich these days by investing in crypto or in any asset that can earn them millions. This requires a great speculative power and a great level of intelligence. Therefore you need to develop that skill to how to become a rich person. Read books on how rich people think and maybe their you can find your answers.

[sleek forge]

thanks man, appreciate it

[elder tendon]

👍👍

[surreal scarab]

Hi guys I really need help with my accounting work, i’m from canada so if you can help, please dm me! Thank you so much!!

So basically i need help with some transactions

[supple vortex]

i need help with this folks

You are the customer service manager for a small software manufacturer. The newest addition to your 10-person team is Aubrey, a recent college graduate. She is a little overwhelmed by the volume of calls, but is learning quickly and doing her best to keep up. Today, as you performed your monthly review of employee e-mail, you were surprised to see that Aubrey is corresponding with employment agencies. One message says, “Aubrey, I’m sorry you don’t like your new job. We have lots of opportunities that I think would much better match your interests. Please call me and let’s talk further.” You’re shocked and alarmed. You had no idea she was unhappy, and your team desperately needs her help to handle the onslaught of calls generated by the newest release of software. If you’re going to lose her, you’ll need to find a replacement quickly. You know that Aubrey did not intend for you to see the e-mail, but you can’t ignore what you saw. Should you confront Aubrey and demand to know her intentions? Should you avoid any confrontation and simply begin seeking her replacement? Could you be misinterpreting the e-mail? What should you do?

[supple vortex]

help

[elder tendon]

I'd confront her and ask her what problems she is facing here. I'd convince her through offering monetary or non monetary perks whatever that would help her reconsider her situation. I'll definitely seek her forgiveness for checking her mails without permission, but I'd also mention the fact that i have not read any other mails.

[supple vortex]

Thank you

[sterile lake]

Thanks bro😘

[supple vortex]

You are the human resources contact for your firm’s IT organization.
The daughter of the firm’s CIO is scheduled to participate in a job
interview for an entry-level position in the IT organization next week.
It will be your responsibility to meet with the three people who will
interview her to form an assessment and make a group decision
about whether or not she will be offered the position and, if so, at
what salary. How do you handle this situation?

can anyone help me with this?

[indigo verge]

Ask her purpose when participate in a job interview. If her purpose satify competitive advantage of the firm, you can move to the next step as we known is her professional skills interviewing
When both of conditions can be satisfied, now you will make a deal with her. Their are 2 options:

1. Make a milestones and let her decide how many percentile she want to have until both of side agree with it
2. You will decide by yourself
   I would recommend the oprion 1 because it more fairness than option 2 and the daughter of the firm’s CIO cant arguement with you anymore (she make her choice and she has to take responsibility about it)

[supple vortex]

Thank you!!!

[slim ingot]

Can I ask your advice and thoughts please

[sour jackal]

It seems like the companies fault for giving her those expectations. It's a communication problem, you're basically penalizing her good work. 1. You should talk with the committee and reevaluate her pay grade (Tell her that). 2. Set incentives for each project e.g. 2% or 1000$ idk for every project she finishes. 3. Give her more holidays? To slowly ween your other employees of and compensate her for her lesser pay. By the way, you should look for a new employee to replace her.

[past kernel]

i want to make money

[supple vortex]

You are a U.S. citizen currently on a three-year assignment as the IT
manager for your company’s Armenian manufacturing plant. The
company is a U.S.-based Fortune 1000 company, and the Armenian
plant employs 1,500 workers. The plant budgeted for 250 new
computers and associated software to replace all computers over six
years old. The cost of the software licenses is $125,000 (USD).
Unfortunately, the plant has been hit by the worldwide financial
crises, and you have been told that your department must reduce its
budget by $100,000 (USD). You have been focusing on two options.
The first is to not purchase all the software licenses needed and
instead make illegal copies of existing software. (The software piracy
rate in Armenia is 93%.) The second is to terminate the employment
of two IT employees. You have identified who would be terminated
based on their recent job performance and their relatively low level of
anticipated future work activity. What would you do?

My answer is ⚡⚡

my answer is

although piracy is not good, but i guess it would be better to use pirated copies along with original ones rather than terminating two employees because employees would be more badly affected on losing job in environment of financial crisis whereas loss to software company would be bit less as you would be still buying some original copies.

ANY OTHER OPINION? ⚡⚡

[elder tendon]

do we have to choose from the above mentioned options only ??

[supple vortex]

yes, from the question

i don't even know if my answer is right

[elder tendon]

i'd choose the second option. Either way the fact that the plant is experiencing hardship due to global crisis remains same. Therefore if by eliminating 2 employees the current level of profits can be achieve while purchasing new softwares then the option is feasible. once everything becomes normal we can house more employees. Illegally purchasing softwares can hamper my reputation as a fortune 1000 company.

[indigo verge]

You can use open-source instead of license source to reduce the cost. But eventually your product will be low-quality before world financial crises
Excommunicate employees will be a tough strategy especially at Software Outsourcing firm. I've learnt about Human Aspect In Software Engineering and the condition of successful software is employees attitude not the tools

[supple vortex]

Thank you everyone

[indigo verge]

<@&717391911132069929>

[rose thorn]

hi guys 🙂 i need help with an accounting problem, im already done with the journal entries but im having trouble with the share premium - ordinary shares account, my computation says its 14,150k but according to the answer key its 13.950k

[vital hamlet]

Does threat to commit suicide amount to coercion?

[elder tendon]

yes

[celest ibex]

Good luck G

[normal zenith]

After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has
opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each
employee is well trained to perform his/her task efficiently. The sales persons are allowed to close a deal
with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further
discount rests with Aditi as the final authority.

"The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount,
whereas the decision to give any further discount rests with Aditi as the final authority." Identify the
principle of Management being followed here:
(a) Centralization and Decentralisation
(b) Authority and Responsibility
(c) Unity of Command
(d) Unity of Direction

help pls

[elder tendon]

It's centralization and decentralisation

[normal zenith]

why not authority and responsibility ?

[elder tendon]

Authority and responsibility is when a subordinate is given a authority with responsibility. The principle states that when this authority is given it should be given with the right amount of responsibility.

While Centralization and Decentralisation states that certain decision be taken by the subordinate but bigger decision be centralized in the hands of the superior. Just like in this case, where sales persons have power to give 5% discount but in the end any discount more than 5% lies in the hands of aditi i.e. the superior. Here responsibility is not given rather a authority is given to take decisions upto a certain point.

[normal zenith]

okay i got it thank you for explaining

[elder tendon]

You're welcome

[floral ingot]

Can someone help me with these problems pls?

[final pendant]

any chartered accountants here? I need to interview one for a project. any help is much appreciated :D

[elder tendon]

CA Student ??

[final pendant]

yup i just asked my prof and CA students are acceptable too

[elder tendon]

okay then fine, here i am 😂😂

CA Student from India works right ??

[final pendant]

ahhh cool il pm you bruv

[supple vortex]

You have 15 years of experience in sales and marketing
with three different organizations. You currently hold a
middle management position and have been approached
by a headhunter to make a move to a company seeking a
chief privacy officer. The headhunter claims the position
would represent a good move for you in your career path
leading to an eventual vice president of marketing position.
You are not sure about the exact responsibilities of the
CPO position or what authority the person in this position
would have at this particular company. How would you go
about evaluating this opportunity to determine if it actually
is a good career move or a dead end?

[supple vortex]

help

thanks in advance

[supple vortex]

🙏

[light kayak]

Heyy guys,
I am planning to start a small clothing line as a business (since I am very much interested in fashion) and planning to start it off as a IG page …can anybody tell me how much should be the capital roughly?

[elder tendon]

The opinions are mixed for me. Keeping myself in the position, I'd say I'll take, because i can adapt to the situation/job and if i am not able then I'll go to my superiors. But with a generalized sense, the person should not take up something that he has no knowledge of, because that could fail severely. Taking up something that's not one's domain is good as well as bad, it's up the person how well he can manage in a different environment with a different rules and different powers.

[elder tendon]

That's a very generalized question, you need to think for many aspects of the business that you are starting. I'll tell them in personal but one thing is for sure the investment will be huge, if you are going with multiple products.

[supple vortex]

Thankyou

[elder tendon]

👍👍👍👍

[half bough]

Hey guys my bosses asked me to make a little research about NFTs that might do well in the future and since I'm still learning about it I was looking for someone who can give me some lights.
I need to be able to list several NFT's that are on sale on opensea.io preferably in ETH, that cost (highest bid less than) $400 and whose artist has a potential for growth. I also need to list 2-3 reasons why you think it's a good investment/purchase and that artist or art piece might increase in popularity in the next years.
Tbh I don't even know where to start but I need to make a good impression since I'm new on the team, can someone help me?? I really want to work on the NFT world and this would give me a big opportunity to work with them!

[indigo verge]

Anyone interested in business competions?

[obsidian fulcrum]

Business plan competition?

[indigo verge]

<@&717391911132069929> Can i post about some business comepitions here?

[real wave]

What do you mean?

[indigo verge]

is anyone taking their CFA 1 or has taken it? If so what materials or books do u use to study from

[elder tendon]

<@&717391911132069929>

[indigo verge]

can i dm you? the details? @real wave

[real wave]

you can open a ticket in #863775720564195339

[mental lichen]

Hey guys, could you do me a favor and fill out this survey? It’s for a final project for school and we need like 100 more people haha. https://tntech.co1.qualtrics.com/jfe/form/SV_07k20zs8v2Wr6vQ

[gaunt glacier]

does anyone know Marketing communications?

[indigo verge]

<@&717391911132069929>

[visual oracle]

Sorry but the first question is about whether we live or not in the Putnam County Area. Should I process even if I don't ?

[mental lichen]

Don’t worry about it, we got enough participants!

[visual oracle]

Ok great for you !

[final dirge]

how to do this question, it would mean alot if you could help

[glad birch]

Yo Mohammed, I will try to explain you (I'm a french student so don't be rude with my English hahaha). A normal good means if your incomes increase, the consumption of this good will increase too. In the other hand, a inferior good means if your incomes increase, the consumption of this good will decrease. In this case, we can see four indifference curves and a pitch point between BL1 and IC2. If you increase your incomes, you're going to have a higher budget line. You can easily see that with a higher budget line, your consumption will increase and that for both goods (X and Y). So, you deduce that X and Y are two normal goods. I hope my explanation will be understandable. PS: note that the IC are strictly convex and it doesn't crossed between them.

[final dirge]

Merci beaucoup 🥰

[glad falcon]

.

[slim ingot]

I need help for this please

[tranquil surge]

Can someone help me with #11??? This is economics!!

[obsidian fulcrum]

Your money supply increases with a decrease in money demand and vice versa

[wet hemlock]

scam, the url is discordnLtro

[final dirge]

does anyone know how to do this question? 🥺

[granite dust]

Does anyone have an idea how to calculate the beta of a firm’s debt to infer a credit rating?

[fringe imp]

Any one has operation research? I want some help

[sinful grove]

If the message above contains a link to free nitro, it is most likely a phishing link. Please DON'T click on it to protect your privacy. You can notify the peeps by tagging them ( @peeps ) and they will take care of it as soon as they can. Please don't ping them if someone else already did in the chat thank you.

[wild heart]

<@&717391911132069929>

[light knot]

Hey guys

Can someone help me to solve a problem in macroeconomics

It’s about the consumption function

And i need to draw a graphic

And to analyse it

[elder tendon]

Try sending the question if someone know they'll send you the answer

[humble oak]

yo guys
can someone help me with this problem in microeconomics?
it's a hypothetical question, where I need to analyse the situation and give an explanation

[obsidian fulcrum]

If the airline company is the only one to operate in the town then yes, it is a monopoly but I'm not sure of what "other services" means in the question. But if there's more than 1 player in the market then it's called "perfect competition"

[humble oak]

i think "other services" refers to other transportation services like bus, tram, transit,... or even other airlines outside of the region. i put down the monopoly on the paper as a geographic one, and in a perfect competitive market, there will be little competition from other services.

[obsidian fulcrum]

Let's assume that the airline company is owned and controlled by the government and the other services like trains and busses are owned by private corporations. So there would be a similarity in the type of service offered by these private institutions. Hence, the services are homogeneous and there are plenty of competitors in the market leading to a perfect competition.

[coarse geode]

It could fall under the categorization of Oligopoly, then you'd have either a Bertrand or Cournot competition, in the Bertrand case it ends up with one firm undercutting the other one, and if it also charge the monopoly price then it's a monopoly, or if the firms are the same than it is in fact a case of perfect competition

[coarse geode]

If you take the city of Bologna (i'm there :P) in Italy you can see that we only have one airport present, it is a monopoly; but to be more specific it's a natural monopoly, meaning that due to the constrictions of space it would not be profitable for any other entity private or public to build another airport near the city.
Natural monopolies occur in markets where the entry barrier to enter (ie fixed and sunk costs) is too high, in this case since the city is relatively small and low in population it creates a condition for monopoly

[polar pike]

Ummm , idk if this 1 goes here , if some1 is doing trading for some time could u Dm me

[indigo verge]

Yes

[wintry lake]

a) Q=300+8L, where L=labour units & L= 200 units. Find out the returns to scale
against 5% increase in the labour units.Justify your answer.
(b) The owner of the car wash measures the following short run production function
Q= 6L-0.5L
2 where Q= no. of car washes per hr. L=no.of workers
(i) Generate a schedule showing total product, average product, marginal product
(ii) If the price of car wash is Rs 15, how many workers should be employed if he
pays an hourly wage rate of Rs 6 to each worker?

can anyone help me with this?

[magic lagoon]

omg economía

[quiet kite]

Can someone explain Lean Analytics to me? I don´t get the difference between Data Analytics either. Is it the same process but simpler, made for startups orrr how does this work

[fading plover]

in opening entry how to balance if the dr side is short in journal? like if cr side is hort so we put it to capital likewise in dr side what should i put

[fading plover]

accounts

[elder tendon]

<@&717391911132069929>

[ruby arrow]

Basic question - what is a good structure for a 12 marker question for A levels?

[halcyon imp]

https://www.linkedin.com/posts/kareena-olivera_we-are-hiring-urgently-remote-full-time-activity-6885865027635564545-7i7x

[rugged imp]

any advice for day trading?

[sinful grove]

If the message above contains a link to free nitro, it is most likely a phishing link. Please DON'T click on it to protect your privacy. You can notify the peeps by tagging them ( @peeps ) and they will take care of it as soon as they can. Please don't ping them if someone else already did in the chat thank you.

[steel summit]

heyy, can someone help me with accounting ?

[elder tendon]

Yes if it's possible surely we will help you

[steel summit]

can i dm you?

[elder tendon]

Yeah no issues

[steel summit]

okie thank you

[frozen bolt]

does anyone have any idea why the cash value in the machinery account is 50000 000
shouldn't it be the original price the asset was purchased by?
its on depreciation of fixed assets

[runic pendant]

• The cash value in the machinery account is 50000 because 10 units @ K5000 ??
• On 01/01/2008 two motor car were sold.. [10 - 2 = remain 8 units and you got profit (5600-(5000- (1000*2)))*2 = K2600 ]
  I guess. haha

[frozen bolt]

But wait it doesn't say anywhere in the question that there 10 units, does it? I don't see it

[runic pendant]

"motor cars" is not one unit. right? haha
We knew a cost is K5000 and amount in transaction is K50000
If we want to know the units of motor cars, we will 50000/5000 = 10 units

The question doesn't tell us directly.

[frozen bolt]

Ooh wth that's such much work when you already have to open three separate documents

Why do they do this to us T.T

[runic pendant]

[10 - 2 = remain 8 units and you got total profit [5600 - (5000 - (((5000- 1) * 20%) * 2))] * 2 = K5199.2 ]
*scrap value = 1

[runic pendant]

Not sure. haha

[junior oasis]

Any one post graduate under gratulate student native English speaker can help me it argent matter

[elder tendon]

Yes ma'am how may i help you 😂

[white sluice]

(here too, sorry for the pings @dire hornet ), in tech and art aswell

[dire hornet]

should be ok now 👍

thanks for pings

[white sluice]

thank you 🤗

[fading plover]

someone pls help me with this question

[pure quarry]

<@&717391911132069929>

[topaz finch]

Heya guys, I've just been accepted into a business school! what am i expecting, what should i look forward to, prepare for, etc

thanks!

[indigo verge]

wow congs 🙂 make great!

[topaz finch]

thanks so much!

[stark mural]

Can anyone explain to me in monkey what sticky wages are? lmaoo

[stark mural]

congrats!!!

[whole patio]

Sure mate! We are seeing sticky wages right now in the real world! Sticky wages is just a term used to describe how wages doesn't immediately adjust to the outside factors. For example inflation is pretty high right now, but the sticky wages does not appreciate at the same rate as the inflation - it's a slow process. Does that make sense?

[whole patio]

Congrats! In the case that you actually find economics and business interesting (as i assume), you should definitely try to find like-minded students to hang out with. This is an opportunity to change your approach to learning. If you wanna be on top of your game, then be the brainy student from the first day!
Put in the hours and have people in your friend group, you can talk business with

[stark mural]

YEss, thank you so so much!!

[whole patio]

No worries!

[hasty maple]

Can any one of yall lemme know where can I get case study problems

I am currently a freshman and I'm studying management studies Honours

[tranquil surge]

does anyone know what I did wrong ?? (this is Accounting)

[elder tendon]

When They have asked u the total manufacturing overhead you have to multiply the per unit with the units manufactured. And in the second part they have asked you to convert this total overhead into per unit and u can do that by dividing it with 8000 i.e. The units produced

[tranquil surge]

@elder tendon So it would be (var manufacturing overhead)1.40x8000= 11200+(4*10,000)40000=51200 =Total manufacturing overhead

512000/8000=6.4 =manufacturing overhead per unit

[elder tendon]

Yes

[plucky wagon]

Does anyone understand the significance of organisational structure

why do businesses implement them?

[elder tendon]

See anyone can give u a google answer...though basically in short words organisational structure eliminates chaos in the organisation. You know where to report something to someone, you know where u can go to solve your grievances, you know who has the authority to give you orders. Basically any organisation without structure is like a classroom without a teacher where noone know what to do, but all know that we have to study.

[elder tendon]

Google this and you'll get a textbook answer.

[opal nova]

I can @steel summit

[thorn ore]

Does anyone know the major pros and cons and major criticisms of cop26
If you do please tell me I'm making my eco project on cop26

[minor basalt]

Describe a whistle-blower by portraying an example of a scenario with regards to unethical action in an organization. In your opinion, how can managers protect whistle-blower?

i dont understnd what does it mean

[whole patio]

A whistleblower is someone who tells a truth about someting (a snitch). Usually this is something where people could get med at the person for telling. Managers always want the truth from their employees - so you have to explain how the managers can help the whistle-blower in the situation where people get mad at him/her

i.e. make it easier for employees to let the managers know that something bad is going on

[minor basalt]

hi can anyone make a video of u introduce yourself,what manager are you ,how to be a better planner? I will pay 100 coins

its for my assignments

only if ur working as a manager

[civic sail]

Can anyone help with this would be very appreciated. When I try to solve for X1 after taking the derivatives from the profit function my result is wayy too complicated.

[indigo verge]

Can someone help with it plz?

[hushed beacon]

this is for my business club, i'd really appreciate it if yall could fill out this market survey https://forms.gle/8gc2tV8ouSmzWFvt6

!!!

[indigo verge]

i don't think server promotion is allowed.

[radiant solar]

@indigo verge ?

some guy advertising here

[indigo verge]

i also want to go to school in Antarctica

[radiant solar]

it's very nice 😤

[indigo verge]

Wow imagine studying with penguins 👀

[radiant solar]

they're very cool

lmao

[indigo verge]

Lmaoo they are cool

[valid anvil]

hello, anyone preparing for GMAT?

[twilit yacht]

hello guys, can someone tell me what a asset-led approach is?

[fluid osprey]

Is this for a project management class? Highly suggest that you mesg someone on linkedIn most ppl would be happy to help. Keep ur coins

[wanton valley]

I found this piece of information in a caption from "climate_science". You should find the whole caption from their instagram . Maybe you can get some ideas from it. Hope it helps!

As COP26 wraps up, let's recap on what happened during week 1!

As thousands gather at COP26, key decision makers have come together to determine what role they will play in solving climate change. Important decisions have already been made, giving us more hope for the transition to a more sustainable world. For example, among the first key policy decisions, was the pledge to end deforestation by 2030 . This includes plans to conserve forests, reduce vulnerability by empowering communities, and redesign agricultural policies to incentivise sustainable agriculture [1].
..........the near future.

[thorn ore]

Thank you.

[indigo verge]

hi, i am taking a trading course in uni and we are all divided into different teams in order to trade the market for a competition. Basically the winner is the team that trades more successfully (?). Since i am a bit lost do you know by any chance, a site, like a link, or a youtube channel or anything that explains the basic of it really well so i ca be prepared??

[civic wigeon]

what are you looking for exactly: a broker recommendation, trading strategies, research sources,...?

Do you have to trade with real money?

[indigo verge]

i think more like research sources where i can learn trading strategies(?)

they said we have 1 mili and we have exactly one month to trade it. At the end of the competition the group with more money wins.

[civic wigeon]

By research i meant like studies/newspapers/etc so you can get your facts straight in order to make an informed trading decision (if you're in the us you can check bloomberg,wjs,cnbc). Investopedia is a good source of information on the different types of analysis (fundamental, quantitative, technical, your gut, etc) you can make when it comes to choosing your portfolio, so that would be a good place to start.

I'm curious, in what kind of platform are you supposed to do the allocation and keep track of the returns?

[slim ingot]

can i ask for help?

[granite dust]

Feel free, that is what this channel is for 🙂

[indigo verge]

thank uu, my professor uses investopedia too and the platform is called stocktrack.com!! i’m from italy btw

[indigo verge]

Yo can anyone help me understand the terminologies and concept of market analysis....

market cap, market size, etc...

[wraith mica]

Hey

[low vessel]

hi

[stark mural]

anyone knows how to use SPSS? µ

[granite dust]

Yes

What do you need?

[granite dust]

Market cap for a company is basically the total market value of a company in terms of outstanding shares

The formula for market cap is Shares outstanding x Market price of shares

Market size probably refers to the total size of the market

When you say for example "The sports clothing industry is worth 2.6 Billion USD"

That means market size of the sports clothing industry is worth 2.6B USD

[stark mural]

I found the solution, but maybe in the near future, when i don't understand some things, could I maybe contact you?

[granite dust]

Sure just mention me in the channel and me or someone else will likely jump in and help 🙂

[spare hinge]

If somebody needs help with german Applications and CV's, hit me up! I am very experienced in HR Management and already helped 100+ people to get a job over here, doesnt matter which degree

[lavish elm]

Hi! Is anyone studying HR or I/O Psychology here?

[idle sky]

heeey

is there any biology student ?

[rich forge]

This is the business channel. I think you should head over to the science channel.

[thin heart]

hi everyone, im looking for some business blogs/market news in general - the good ones tho - any recommendations?

[coral glade]

idk, bloomberg business, the economist etc?

[civic wigeon]

wsj, bloomberg, yahoo finance. wallstreetbets unironically has some really good researh posts under the "DD" tag (take everything with a grain of salt)

you can also type $<instrument ticker> on twitter for info about a specific isntrument

[wraith steppe]

hi! are there any recommended websites or online resources to use when beginning to study accounting?

[clever crystal]

guys do you have product ideas that isn't in the market yet but not that complicated note: not ingestible any ideas would be appreciated

[whole patio]

Does it have to be something that would make sense to create a business around?

[clever crystal]

Yes

The thing is it must have value @whole patio

[nocturne comet]

Help me answer this survey for my thesis (educational purpose)
Hey dears colleagues,

My name is Arnau and I am a fifth year student from the university of Girona in Spain
I am currently in my last year and I'm working in my dissertation, the one I have to send it to US citizens
Could do you me make a big favor by answering and sharing it with other colleagues or friends please

Thank you so much,
Arnau

This is the link: https://docs.google.com/forms/d/e/1FAIpQLSciPwIsrUiAR_Bd7j5wDB7HJpAZq0Y7RNemWWa4N4ue1fwlgQ/viewform?usp=sf_link

[granite dust]

Do you want to learn accounting for your own reasons or for professional purpose?

Accounting you probably need a textbook as beyond balance sheet it can get pretty complicated

Are you looking for management or financial accounting?

[wraith steppe]

For professional reasons, and I’m still exploring what type of accounting I wish to pursue

I just want to get a head start before I officially begin my college courses as an accounting major

[civic wigeon]

do you know the basics of accounting?

[wraith steppe]

Yes

[granite dust]

For basic management accounting you could consider "Management and cost accounting" by Bhimani, Horngren, Datar and Rajan and for financial accounting "Financial accounting with international financial reporting standards" by Weygandt, Kimmel and Kieso

[wraith steppe]

Ooo okie thank you! :))

[wide turret]

Finish it, however I should recommend you to split the logic out since it kinda weird if i pick no for question of planning to buy luxury for next 6 month then coming with other question. If you have free time, you can do over my survey to see how the logic work.

https://csulb.qualtrics.com/jfe/form/SV_3Pf5pBvTzESdWt0

[supple vortex]

how the trade-off between impact and manageability works out for broad and narrow processes, respectively.

[granite dust]

Do you have more information?

[supple vortex]

Disregard it. I answered it already. Thank you!

[glad marten]

hiiiii can someone explain to me why the answer for this question is A?

[jagged dew]

https://www.instagram.com/p/Cb4Opa8FvUR/

[granite dust]

What does this have to do with business?

[raven summit]

Hi

[whole patio]

Hey Mate. You still need help with the question?

[glad marten]

yes haha i still dont understand why

[whole patio]

I will draw it for you!

@glad marten Since P1 and Q1 is the same for Joe and Halyna but Joe's demand curve is more elastic (flat) the blue consumer surplus is smaller. Does that make sense? If not i'll try to re-phrase 😊

[glad marten]

omg now it makes so much sense!! for some reason it just did click in my head but now i understand!!!! thnk you so much <333im adding this drawing to my note hehe

[whole patio]

Hahaha, no worries! I'm not a text-book shark myself - sometimes you just need stuff told or visualized another way. Glad i could help!

[cyan anvil]

I hope they dont teach these in universities xd

[civic wigeon]

they def teach that in intro to economics courses

[floral harness]

Hola amigos

I'm new here

[indigo verge]

Anyone doing case consulting interviews or have done them?

[granite dust]

For class or actual consulting interview?

[indigo verge]

Actual

[supple vortex]

ANYONE?

[flat sage]

I'm not a business student in any way but I found something on google

If u wanna know?

[supple vortex]

yeah sure

[granite dust]

You might want to give a little more context

[dry roost]

polska gurom🇵🇱

[fathom ermine]

some of u are into dropshipping?

[steel summit]

can someone help me with accounting

[civic wigeon]

what do you need exactly @steel summit ?

[steel summit]

can i dm you ?

[civic wigeon]

sure

[indigo verge]

Yes. Let me tag <@&942391219206647828> , im sure Britt will gladly accept your invite

[elder tendon]

Yeah i heard that

[calm veldt]

Hi, can anyone help me with project scheduling in project management? I'm kinda confused about the AOA diagram

[azure pecan]

Does any girl wants any help Dm me

[whole patio]

lul

[strong umbra]

down tremendous

[high trellis]

😂 Lol

[indigo verge]

any law aspirant here ?

[indigo verge]

real smooth

[lone vapor]

imma law student only bro

lowkey dead inside

[indigo verge]

why so ? 😅

[indigo verge]

Any cat 2022 aspirant here ?

[broken haven]

Yes

[grizzled ocean]

does anybody come from switzerland and has a good understanding about AHV/IV/EO?

[steel summit]

Can someone help me with explaining accounting?

[granite dust]

What do you need?

[steel shore]

Anyone doing e-export? in US or in Europe

[opaque haven]

What's the difference between KFS and SC ?

I can tell which one is which, but i don’t see the difference between them, a company needs both to stay competitive in the long run... can somebody enlighten me please...

🆘

[elder tendon]

What is the full form of KFS and SC ??

[opaque haven]

Key factors of success & strategic competence

[elder tendon]

Great wait I’ll let u know in a minute

[elder tendon]

Could you let me know if strategic competence is same as core competence or not ??

[opaque haven]

Yeah.. i think it’s the same thing To some extent…

[elder tendon]

Okay sooo what do you look when u want to choose a smartphone ??

Please dont take this lightly i am trying to clear your doubt in an interactive way...if u want i can give you answer straight forward as well...its ur call

[opaque haven]

how !!

[opaque haven]

nice idea 👌🏻

[elder tendon]

So what do you check before buying a new phone ?? Processor, Camera, Design ??

[opaque haven]

I look at the quality

[opaque haven]

first the design👀

[elder tendon]

And what else ??

Just design ??

[opaque haven]

camera !!

processor also

[elder tendon]

Okay great

So now put yourself in the shoes of a mobile manufacturer

Will u make your phone on these factors or not ??

[opaque haven]

of course

[elder tendon]

Or will u try to develop a new thing like adding a projector to ur phone