The value of the price elasticity of demand for oranges in this case is 2.0. This can be calculated using the following formula:
Price Elasticity of Demand = (Percent Change in Quantity/ Percent Change in Price)
= [(10,000 - 8,000) / (50 - 30)]
= 2.0
This means that a 1% decrease in the price of oranges results in a 2% increase in the quantity demanded.
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suppose a person cashes his payroll check and holds all the funds in the form of currency. everything else held constant, total reserves in the banking system . group of answer choices decrease remain unchanged increase cannot be determined without more information
If a person cashes their payroll check and holds all the funds in the form of currency, the total reserves in the banking system will decrease.
This is because when an individual cashes a check, the bank on which the check was drawn loses reserves equal to the amount of the check. If the individual holds the funds in the form of currency, those reserves are essentially taken out of the banking system, which reduces the total reserves available to banks.
When banks have fewer reserves, they may need to borrow from other banks or from the central bank to meet their reserve requirements. This can lead to an increase in interest rates in the interbank market, which can then affect other interest rates in the economy. Therefore, a decrease in total reserves can have broader implications for the economy.
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A proposed project would normally be accepted if its net present value is:A. negativeB. zeroC. positiveD. equal to the 90-day U.S. Treasury bill rate
The proposed project would normally be accepted if its net present value is positive. Option C is correct.
Net present value (NPV) is a measure used in capital budgeting that compares the present value of cash inflows to the present value of cash outflows. A positive NPV indicates that the project's expected cash inflows are greater than its expected cash outflows, which means that the project is expected to generate a profit and increase the value of the company.
Therefore, a proposed project would normally be accepted if its net present value is positive. Negative NPV indicates that the project is expected to lose money, and zero NPV means that the project will break even. The 90-day U.S. Treasury bill rate is not used as a benchmark for accepting or rejecting projects based on their NPV. Thus, Option C is correct.
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which type of renewability best discribes a disability income policy that covers an individual until
"Guaranteed renewable" is the form of renewability that most accurately represents a disability income insurance that covers a person until retirement age.
With a guaranteed renewable policy, the insured may extend their protection each year without worrying that the insurance provider would alter the conditions or forgo renewal because of alterations to the insured's health or level of impairment. As long as they continue to make premium payments, the policyholder may continue to receive disability income benefits up until the age of retirement.
It is crucial to remember that even if the cost of the premiums may rise over time, the policyholder is free to keep their coverage without worrying about missing out on benefits because of changes in their health or level of handicap. For people who may become handicapped and unable to work, this offers crucial financial protection and peace of mind.
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which type of renewability best discribes a disability income policy that covers an individual until the age of retirement?
the journal entry to issue 2,000,000 shares of $10 par common stock for $14 per share on july 2 would be
In exchange for $28 million in cash, we issued 2,000,000 shares of $10 par common stock on July 2 at a price of $14 per share. The journal entry would show a debit of $28 million to Cash, a credit of $20 million to Common Stock, and a credit of $8 million to Paid-In Capital in Excess of Par.
A debit of $28 million for cash, which represents the inflow of cash, and a credit of $20 million for common stock, which represents the par value of the issued shares, would be included in the journal entry for the issuance of 2,000,000 shares of $10 par common stock at a price of $14 per share in exchange for $28 million in cash. The difference of $4 per share, which results from the issue price of $14 per share exceeding the par value of $10 per share, reflects additional paid-in capital. To reflect the $8 million difference between the issue price and par value per share, the entry would additionally contain a credit to Paid-In Capital in Excess of Par.
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the sharp decline in violent crime can be attributed to . group of answer choices a higher birth rate lead in gasoline increased unemployment multiple factors
Answer: multiple factors
Explanation:
a form of ownership of real property recognized in all states that consists of individual ownership of some aspects and co-ownership in other aspects of the property is known as a
Co-ownership in other aspects of the property is known as a condominium.
A condominium, also referred to as a condo, is a privately owned apartment in a complex or structure of apartments. In addition to owning a portion of the common property, which consists of the floor, walls, pathways, stairwells, and outdoor areas, a condo owner also owns the air space within the unit.
In a company, co-ownership refers to a situation in which two or more people jointly own property. See concurrent estate for co-ownership in the common law system for the idea of co-ownership in various legal systems. The ownership of the two is where the greatest difference lies.
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char's friend tells her there's this new product that will improve your focus. char decides to exercise some skepticism about this claim. she researches where her friend got their information, how reliable it is, and what other sources say. (note: here is a good way to evaluate your online sources: the craap testlinks to an external site. craap is an acronym for currency, relevance, authority, accuracy, and purpose. looking specifically for media bias? check out this interactive media bias chartlinks to an external site.)
The main answer to the given question is that Char is exercising skepticism by researching where her friend got their information, how reliable it is, and what other sources say about it.
She wants to verify the claims of her friend's suggestion to improve focus. Char wants to make sure that she has enough evidence before she invests her money and time in the product.
The explanation to the given question is that Char has exercised her right to be a skeptic by doing her research on the product that her friend recommended. She is using the CRAAP test, which is an acronym for Currency, Relevance, Authority, Accuracy, and Purpose, to evaluate her sources of information.
This is a good way to determine the reliability of the source and the claims being made. Char is also looking for media bias by using the interactive media bias chart, which helps her determine the trustworthiness of a news source. Char wants to make sure that she has enough evidence before she invests her money and time in the product.
Therefore, she is being a wise consumer by doing her research and verifying the claims of the product. This will help her make an informed decision about whether or not to use the product to improve her focus.
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effective onboarding programs focus on new employees. a. welcoming, informing, and guiding b. diversifying, welcoming, and guiding c. training, orienting, and warning d. welcoming, warning, and training
Diversifying, welcoming, and guiding. Effective onboarding programs focus on new employees by diversifying them, welcoming them to the organization, and guiding them in the process. The correct answer is option B.
Diversifying new employees means recognizing their unique backgrounds, skills, and perspectives, and incorporating them into the organization’s culture. This helps new employees feel accepted and welcomed into the company.
Welcoming new employees also involves introducing them to their coworkers, supervisors, and teams. It also involves providing them with any necessary training and instruction to help them transition into their new role. The correct answer is option B.
Finally, guiding new employees involves providing them with the necessary tools, resources, and support to help them succeed in their role. This could include providing them with a mentor, a manual of policies and procedures, or even an online guide to help them navigate the new job.
Overall, effective onboarding programs focus on new employees by diversifying them, welcoming them to the organization, and guiding them in the process.
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this agreement describes the terms under which the cooperative gives permission to a shareholder before making any changes or improvements to the unit the shareholder occupies...?
An alteration agreement is an important legal document that governs the conditions under which a shareholder in a cooperative can make changes or enhancements to their unit.
The agreement is designed to ensure that the co-op and the shareholder have a clear understanding of what modifications are allowed and what the requirements are for obtaining permission to make them.
The alteration agreement typically outlines the specific types of modifications or renovations that are permitted, as well as any limits on the amount of money that can be spent on these changes.
For example, it may specify that the shareholder can paint the walls or install new cabinets, but cannot make structural changes to the unit.
Before granting permission for a renovation or modification, the co-op board or management may conduct an inspection of the shareholder's unit.
This is to ensure that the proposed work adheres to the co-op's guidelines and that the contractor hired to do the work meets the co-op's requirements, such as having the necessary insurance and licenses.
Overall, an alteration agreement is designed to protect the interests of both the co-op and the shareholder.
By clarifying the terms under which modifications and renovations are permitted, the agreement helps to prevent misunderstandings and disputes, and ensures that the cooperative remains a safe, secure, and enjoyable place to live.
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The general ledger of AXM, Inc., provides the following information relating to purchases of merchandise:
End of
Year Beginning
of Year
Inventory $ 820,000 $ 780,000
Accounts payable to merchandise suppliers 430,000 500,000
The company's cost of goods sold during the year was $2,882,000. Compute the amount of cash payments made during the year to suppliers of merchandise.
The amount of cash payments made during the year to suppliers of merchandise is $2,992,000.
To compute the amount of cash payments made during the year to suppliers of merchandise, we can follow these steps:
1. Determine the change in accounts payable to merchandise suppliers:
End of Year Accounts Payable - Beginning of Year Accounts Payable = Change in Accounts Payable
$430,000 - $500,000 = -$70,000
2. Calculate the total cost of merchandise purchased during the year:
Cost of Goods Sold + Ending Inventory - Beginning Inventory = Total Purchases
$2,882,000 + $820,000 - $780,000 = $2,922,000
3. Compute the amount of cash payments made during the year to suppliers of merchandise:
Total Purchases - Change in Accounts Payable = Cash Payments to Suppliers
$2,922,000 - (-$70,000) = $2,992,000
Hence, based on the provided information relating to purchases of merchandise, the cash payments of $2,992,000 was made during the year to suppliers of merchandise.
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samuelson's has a debt-equity ratio of 35 percent, sales of $14,500, net income of $2,200, and total debt of $11,200. what is the return on equity?
The Return on Equity (ROE) of Samuelson's is 10.57%.
To calculate the return on equity (ROE), we need to know the amount of equity. We can find the amount of equity by subtracting the total debt from the total assets:
Total assets = Total debt / Debt-equity ratio
Total assets = $11,200 / 0.35
Total assets = $32,000
Equity = Total assets - Total debt
Equity = $32,000 - $11,200
Equity = $20,800
Now that we have the equity, we can calculate the ROE:
ROE = Net income / Equity
ROE = $2,200 / $20,800
ROE = 0.1057 or 10.57%
Therefore, the return on equity for Samuelson's is 10.57%.
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recently tommy switched jobs from a large firm, to a medium-sized firm. as one of four project managers at the new firm, tommy recognizes that employees have much more respect for his expertise than he perceived at the larger firm where there were a minimum of 25 project managers. according to maslow, which hierarchy of need is important to tommy?
According to Maslow's hierarchy of needs that is important to Tommy is: the need for esteem.
According to Maslow's hierarchy of needs, Maslow's hierarchy of needs is a five-stage theory of human basic needs that involves the satisfaction of innate human needs in a set order of survival. Each level of the pyramid represents a different kind of need.
According to Maslow's hierarchy of needs, the need for esteem is important to Tommy because esteem can be defined as the human desire to be accepted and valued by others. Esteem is the next level on the hierarchy of needs, and it includes both self-esteem and esteem from others.
Esteem needs include internal self-respect, autonomy, personal accomplishment, and external recognition and esteem from others who respect and admire one's expertise.
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what are some day-to-day responsibilities of an entry-level ux designer? select all that apply. 1 point marketing researching program management wireframing
The day-to-day responsibilities of an entry-level UX designer typically include conducting user b) researchin and d) creating wireframe.
It also includes creating prototypes, collaborating with cross-functional teams, and contributing to design reviews. They may also be responsible for performing competitive analysis, gathering and analyzing data, and communicating design ideas to stakeholders.
Additionally, an entry-level UX designer may assist with project management tasks, such as creating and maintaining project documentation and ensuring project deadlines are met.
It's also common for entry-level UX designers to contribute to marketing efforts by designing promotional materials and developing brand identity. Overall, an entry-level UX designer plays a critical role in designing user-friendly digital products and ensuring a positive user experience.
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what did spacex recently launch to the international space station?
On November 10, 2021, SpaceX launched the Crew-3 mission to the International Space Station (ISS), bringing four people with it in the Crew Dragon spacecraft.
Entrepreneur Elon Musk established the private American aerospace company SpaceX with the goal of improving space technology and eventually enabling multi-planetary life. On November 10, 2021, the corporation launched the Crew-3 mission to the International Space Station (ISS), which will send four men there in a Crew Dragon spacecraft. The Crew Dragon spacecraft was created to transport people and cargo to and from low-Earth orbit. It is reusable and self-sufficient. The Crew-3 mission is SpaceX's fifth overall and third operational crewed journey to the ISS. NASA astronauts Raja Chari, Tom Marshburn, and Kayla Barron, as well as astronaut Matthias Maurer from the European Space Agency, are the members of the mission's crew. During their six-month stay on board the International Space Station, they will perform research and maintenance activities.
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the price elasticity of demand for a particular life-saving drug is zero, and the price elasticity of supply is 0.50. if a $10 tax is levied on producers, how much of this tax will eventually be paid by consumers? group of answer choices $0 $7.50 $5.00 $10.00
The price elasticity of demand for a particular life-saving drug is zero, and the price elasticity of supply is 0.50. Consumers will eventually pay $5 of the $10 tax.
The tax of $10 will be split between producers and consumers, with consumers paying the majority.
The total price increase is $10, but the price elasticity of demand is 0, so consumers will not respond to the price change, and producers will pay the full $10.
The price elasticity of supply is 0.50, so producers will pass on half the tax, or $5, to consumers. Therefore, consumers will eventually pay $5 of the $10 tax.
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1. What are the requirements/procedures (include JEs) for month-end closing forA/P? (please list few accounts and proper debit and credit journal entries) [Show JEs to get full credit]
2. What are some best practices for A/P?
Analyze aging reports and take action on overdue balances to optimize cash flow. Implement internal controls and segregation of duties to prevent fraud and errors.
How to calculate journal entries?1. The requirements and procedures for month-end closing for Accounts Payable (A/P) include the following steps and Journal Entries (JEs):
Step 1: Record purchase invoices and expenses:
Debit: Expenses or Inventory (depending on the nature of the purchase)
Credit: Accounts Payable
Step 2: Record payments made to suppliers:
Debit: Accounts Payable
Credit: Cash or Bank
Step 3: Record accruals for any unpaid expenses:
Debit: Expenses
Credit: Accrued Expenses
Step 4: Reconcile vendor statements and A/P sub-ledger with the general ledger.
Step 5: Review aging reports and analyze outstanding balances.
Step 6: Prepare an A/P summary report and verify accuracy.
2. Some best practices for Accounts Payable (A/P) include:
a) Automate invoice processing to reduce manual errors and increase efficiency.
b) Implement a centralized A/P system for better control and management.
c) Set up a clear approval process and maintain proper documentation for all transactions.
d) Regularly review and reconcile vendor statements to ensure accuracy.
e) Maintain a good relationship with suppliers by making timely payments and addressing discrepancies promptly.
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A firm produces 300 units of output at a total cost of $1,000. If fixed costs are $100,
Answer
a. average total cost is $4.
b. average variable cost is $3.
c. average fixed cost is $10.
d. average total cost is $5.
b. average variable cost is $3. Total cost = $1,000 with a fixed cost of $100 and variable cost of $900. The average total cost is $5 ($1,000/300), the average variable cost is $3 ($900/300), and the average fixed cost is $0.33 ($100/300).
To determine the average total cost, average variable cost, and average fixed cost, we need to calculate each individually using the given information.
Total cost = Fixed cost + Variable cost
Variable cost = Total cost - Fixed cost
Variable cost = $1,000 - $100
Variable cost = $900
Average total cost = Total cost / Quantity produced
Average total cost = $1,000 / 300
Average total cost = $3.33
Average variable cost = Variable cost / Quantity produced
Average variable cost = $900 / 300
Average variable cost = $3.00
Average fixed cost = Fixed cost / Quantity produced
Average fixed cost = $100 / 300
Average fixed cost = $0.33
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4. 38 Speeding on the I-5, Part II. Exercise 4. 36 states that the distribution of speeds of cars traveling on the Interstate 5 Freeway (I-5) in California is nearly normal with a mean of 72. 6 miles/hour and a standard deviation of 4. 78 miles/hour. The speed limit on this stretch of the I-5 is 70 miles/hour.
(a) A highway patrol officer is hidden on the side of the freeway. What is the probability that 5 cars pass and none are speeding? Assume that the speeds of the cars are independent of each other.
(b) On average, how many cars would the highway patrol officer expect to watch until the first car that is speeding? What is the standard deviation of the number of cars he would expect to watch?
The standard deviation of the number of cars the officer would expect to watch until the first car that is speeding is 1.752.
(a) Using the given information, we can find the probability that a single car is not speeding:
P(speeding) = 1 - P(not speeding)
P(not speeding) = P(X ≤ 70) where X ~ N(72.6, 4.78^2)
Using a standard normal distribution table or a calculator, we get:
P(X ≤ 70) = P(Z ≤ (70 - 72.6)/4.78) = P(Z ≤ -0.5446) = 0.2941
Therefore, the probability that a single car is not speeding is 0.2941.
Since the speeds of the cars are independent of each other, the probability that 5 cars pass and none are speeding is:
P(5 cars pass and none are speeding) = P(not speeding)^5 = 0.2941^5 = 0.0055 (approximately)
Therefore, the probability that 5 cars pass and none are speeding is approximately 0.0055.
(b) The time until the first car that is speeding follows an exponential distribution with mean 1/λ, where λ is the rate parameter of the exponential distribution. The rate parameter λ is equal to the inverse of the mean time between events, which in this case is the mean number of cars per unit time that are speeding.
The mean number of cars per unit time that are speeding is:
μ = (72.6 - 70)/4.78 = 0.5248
Therefore, the rate parameter λ is 0.5248 cars per hour, and the mean time between speeding cars is 1/λ = 1.906 hours.
The expected number of cars the officer would expect to watch until the first car that is speeding is given by the mean of the geometric distribution with parameter p = λ/(λ + μ), which is the probability of success (i.e., the probability that the next car is speeding) in a single trial.
E(number of cars until the first speeding car) = 1/p = (λ + μ)/λ = (0.5248 + 1)/0.5248 = 2.906
Therefore, on average, the highway patrol officer would expect to watch 2.906 cars until the first car that is speeding.
The variance of the geometric distribution is given by (1 - p)/p^2, so the standard deviation of the number of cars the officer would expect to watch until the first car that is speeding is:
SD(number of cars until the first speeding car) = sqrt((1 - p)/p^2) = sqrt((0.4752)/0.2744) = 1.752
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who is responsible for making sure that workers know how and when to use ppe?
The employer is responsible for making sure that workers know how and when to use personal protective equipment (PPE). Employers are obligated to make sure their employees are safe at work and take steps to minimize the risk of injury or illness.
What is Personal Protective Equipment (PPE)?
Personal Protective Equipment (PPE) is clothing, headgear, eyewear, footwear, or other protective devices that are worn to reduce exposure to a variety of occupational hazards. OSHA has designated PPE as the last line of defense in the hierarchy of safety measures.A safety supervisor or other experienced person can give PPE training to workers. The training should teach the workers about the kinds of PPE that are suitable for the job, how to use them, how to fit them, and how to maintain them.Adequate training must also be given by the employer in the appropriate usage of PPE. Employers must teach employees how to properly wear and use the equipment, as well as how to properly care for and maintain it. This training should be provided to workers whenever they begin a new task that requires PPE or when new types of PPE are introduced at work.Some important things that an employer can keep in mind while training their employees are:Explain why PPE is required: Employees must understand why PPE is necessary and what risks it can protect them from.How to properly use PPE: Employees must know how to use and wear PPE correctly.How to maintain and store PPE: Employees should know how to care for and store PPE correctly to avoid damaging or contaminating it.How to replace PPE: If PPE becomes damaged, worn, or contaminated, employees should know how to replace it.
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apital gains are always taxed at a higher rate than ordinary income. group startstrue or falsetrue, unselectedfalse, unselected
The given statement "Capital gains are always taxed at a higher rate than ordinary income" is false because the taxation of capital gains and ordinary income is dependent on various factors, including the type of asset being sold, the holding period, and the taxpayer's income bracket. Capital gains are taxed differently from ordinary income.
Capital gains are the gains that result from the sale of a capital asset, such as real estate or stocks. Ordinary income, on the other hand, is income earned from employment or business activity that is not derived from the sale of a capital asset.In most cases, long-term capital gains are taxed at a lower rate than ordinary income. If the asset was held for at least a year before being sold, it is considered a long-term capital gain. Short-term capital gains, on the other hand, are taxed at the same rate as ordinary income.
The tax rate for long-term capital gains varies depending on the taxpayer's income level. For those in the lower tax brackets, the rate is 0%, while for those in the highest bracket, the rate is 20%. For those in the middle income brackets, the rate is 15%.In conclusion, capital gains are not always taxed at a higher rate than ordinary income. The tax rate for capital gains is dependent on various factors, including the type of asset sold, the holding period, and the taxpayer's income level.
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inventors, inc., had sales of $120,000 and cost of goods sold of $80,000 for the year. accounts receivable was $10,000 at the beginning of the year and $14,000 at the end. inventory was $18,000 at the beginning of the year and $22,000 at the end. calculate the days to sell given 365 days in a year.
Based on the provided information, the days to sell (given 365 days in a year) is 91.25 days.
It is given that: Sales = $120,000, Cost of goods sold (COGS) = $80,000, Accounts receivable (AR) at the beginning of the year = $10,000, Accounts receivable (AR) at the end of the year = $14,000, Inventory at the beginning of the year = $18,000, Inventory at the end of the year = $22,000. It is required to calculate the days to sell.
In order to determine the days to sell, calculate the average Inventory and AR for the year. Compute the Cost of goods sold. Then, use the formula for Days to sell to get the required answer.
Average Inventory = (Opening Inventory + Closing Inventory) / 2
= ($18,000 + $22,000) / 2
= $20,000
Average Accounts Receivable (AR) = (Opening AR + Closing AR) / 2
= ($10,000 + $14,000) / 2
= $12,000
Cost of goods sold = Sales – Gross profit
= $120,000 – ($120,000 – $80,000)
= $80,000
Days to sell formula:
Days to sell = (Average Inventory / Cost of goods sold) × Number of days
= ($20,000 / $80,000) × 365
= 91.25
Therefore, the Days to sell for Inventors, Inc. is 91.25 days.
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which of the following statements is true? a. customer loyalty is of importance only to firms using the differentiation strategy. b. customer loyalty is fragile and cannot reliably be considered a factor in firm success. c. as customer loyalty increases, customers are more sensitive to price increases. d. customer satisfaction has a positive relationship with firm profitability.
Answer:
The statement that is true is d. Customer satisfaction has a positive relationship with firm profitability.
Research has consistently shown that customer satisfaction is positively related to a firm's profitability. Satisfied customers are more likely to remain loyal, purchase more frequently, and recommend the firm's products or services to others, which can lead to increased revenue and profits. In addition, satisfied customers are often less price-sensitive, which can help firms maintain price levels and avoid price wars with competitors.
Option a is incorrect because customer loyalty is important to all firms, regardless of their strategy. Option b is incorrect because while customer loyalty can be fragile, it is still a valuable factor in firm success. Option c is incorrect because research suggests that as customer loyalty increases, customers are often less price-sensitive.
Customer satisfaction has a positive relationship with firm profitability. Option (d) is correct.
Customer happiness is positively correlated with a company's profitability, according to research. Customers who are happy with the company's products or services are more likely to stay loyal, make more regular purchases, and refer the business to others, which can improve sales and profits. Additionally, content customers are sometimes less price sensitive, which can aid businesses in maintaining price levels and preventing price wars with rivals.
Therefore, Option (d) is correct.
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An amount earned by a corporation and not yet distributed to stockholders. answer choices.
retained earnings. dividends. purchases allowance. sales return.
Amount of a corporation's retained earnings that has not yet been dispersed to stockholders.
Retained earnings are the portions of a company's profits or profit that are not paid out as dividends to shareholders but are instead retained by the business for reinvestment or other uses. Retained earnings are included in the statement of changes in shareholders' equity as well as the shareholders' equity portion of the balance sheet.
The payments paid by a company to its shareholders as a division of profits or earnings are referred to as dividends, though. Typically, dividends are paid from a company's retained earnings,
Sales return and purchases allowance are two accounting phrases that refer to transactions involving the sale and purchase of products, respectively.
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which of the following is one of the keys to successful systems development life cycle (sdlc) projects? group of answer choices control chart scatter plot critical path template internal process auditing work breakdown structure
The work breakdown structure is one of the keys to successful systems development life cycle (SDLC) projects. This is the correct option.
What is the SDLC?The Systems Development Life Cycle (SDLC) is a software development model that consists of a set of processes that are employed by analysts, designers, and users to create and deploy an information system. There are seven stages in the SDLC:
PlanningAnalysisDesignDevelopmentTestingDeploymentMaintenanceWhat is the work breakdown structure?The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work to be completed by a team to accomplish the project objectives and produce the necessary deliverables.
A work breakdown structure (WBS) is an efficient tool that project managers use to plan, schedule, and control a project. The WBS provides the project manager with a view of the project that is organized in a way that helps him or her plan and controls the work.
What is the significance of the work breakdown structure (WBS)?The WBS is an essential component of project management since it aids in the development of realistic project schedules, helps identify possible project risks and constraints, and allows for the organization of the project team into manageable parts.
A successful project begins with a successful WBS. The WBS is used by the project team to identify the work that must be done, the individuals who will perform the work, the timeframes for completing the work, and the costs associated with the work.
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which of the following statements is (are) true? i. economic growth leads to a falling standard of living. ii. when economists refer to economic growth, they mean the growth rate of real per capita gdp. iii. economic growth refers to the growth rate of nominal per capita gdp.
Economic growth does not always lead to a falling standard of living, and it is not the same as the growth rate of nominal per capita GDP. Instead, it refers to the overall improvement in the production of goods and services.
i. False - Economic growth does not always lead to a falling standard of living. In fact, economic growth typically leads to a rising standard of living.
ii. True - When economists refer to economic growth, they mean the growth rate of real per capita gross domestic product (GDP).
iii. False - Economic growth does not refer to the growth rate of nominal per capita GDP. Rather, economic growth refers to an increase in production of goods and services and the associated improvement in economic indicators, such as GDP, employment, and consumption.
In conclusion, economic growth does not always lead to a falling standard of living, and it is not the same as the growth rate of nominal per capita GDP. Instead, it refers to the overall improvement in the production of goods and services.
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Which of the following would increase the U.S. financial account?
a factory site purchased in Ireland by an American businessman.
a sailboat purchased by a wealthy Japanese entrepreneur.
$500 in interest earned on foreign stocks.
the purchase of $500 of American bonds by a German investor.
the purchase of an American car by a diplomat living in Jamaica.
The purchase of $500 of American bonds by a German investor would increase the U.S. financial account. Option D is correct.
What is a financial account?An element of a nation's payment equilibrium known as an income statement contains claims on or debts to noncitizens with regard to financial holdings.
The U.S. financial account would increase if a German investor spent $500 on American bonds since that would be money coming into the country. Due to the German investor's contribution of capital, this inflow of money would be shown as a credit in the U.S. financial statement.
Then, this money may be utilized to finance investments, like government spending, or to buy products and services abroad. Therefore, option D is the correct option.
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if beginning raw materials inventory is 50000, ending raw materials inventory is 20000, and raw materials purchased was 30000, calculate the raw materials requisitioned
The raw materials requisitioned is 0.
Raw Materials Requisitioned = Beginning Raw Materials Inventory - Ending Raw Materials Inventory - Raw Materials Purchased
Raw Materials Requisitioned = 50,000 - 20,000 - 30,000
Raw Materials Requisitioned = 0
In conclusion, the raw materials requisitioned in this scenario is zero. This is determined by subtracting the beginning raw materials inventory (50,000), the ending raw materials inventory (20,000), and the raw materials purchased (30,000). Thus, raw materials requisitioned is 0.
What exactly is a material request?
A material requisition form outlines the things that must be taken out of stock and utilised in a certain job's worth of manufacturing or customer service.
An employee inside a corporation would utilise a buy request, for instance, if they required more goods. An official form known as a material requisition form enables employees to request the supplies they need to carry out their duties at work.
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decision point: product strategies in the growth stage by the end of the first year on the market, competitors are starting to enter the market. you consider the product to now be in the growth stage. you realize that your product strategies need to change as burnin' rock progresses through the product life cycle. of the following, which two strategies would be most appropriate in this stage of the product life cycle? select the best two options from the choices below and click submit. reduce the price of burnin' rock to meet or beat its competitors' pricing. enter new market segments and add new distribution channels. phase burnin' rock out of unprofitable outlets to reduce expenditures. increase sales promotion to encourage brand switching from burnin' rock's competitors. modify burnin' rock's advertising campaign to stress brand benefits versus its competitors. shift some advertising from building product awareness to building product loyalty and product purchase.
The two most appropriate strategies in the growth stage of the product life cycle are entering new market segments and adding new distribution channels and modifying Burnin' Rock's advertising campaign to stress brand benefits versus its competitors.
What is the product life cycle?The product life cycle (PLC) is a theory that describes the stages a product goes through from conception to decline. The stages are defined as follows: introduction, growth, maturity, and decline. The product life cycle is a vital concept to comprehend for effective marketing and product planning.
Understanding the life cycle of a product allows companies to make more informed decisions about marketing, advertising, product design, and pricing.The most appropriate strategies for the growth stage of the product life cycle are entering new market segments and adding new distribution channels and modifying Burnin' Rock's advertising campaign to stress brand benefits versus its competitors.
These tactics aim to maintain growth and fend off competition.Enter new market segments and add new distribution channelsBy entering new market segments, companies can expand their customer base and maximize revenue. In the growth stage, firms seek to diversify their target market to maintain growth.
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shannara manufacturing writes 34 checks a day for an average amount of $513 each that generally clear 2.25 days after they are written. in addition, the firm generally receives 42 checks each day with an average amount of $586 each that are available after 1.75 days. is this a collection or disbursement float? what is the amount of the float?
The given situation is a disbursement float.
The amount of the float is the total amount of checks issued by Shannara Manufacturing that have not cleared ($17,282).
The disbursement float is the amount of money that is available to a company while checks they have written are in transit. Shannara Manufacturing writes 34 checks a day for an average of $513, which means they issue $17,482 worth of checks per day.
These checks generally take 2.25 days to clear, meaning the amount of outstanding checks is $17,482. The firm also receives 42 checks with an average amount of $586 each that are available after 1.75 days, meaning the total amount of disbursement float is $17,282.
This float is the amount of money that is available to the company while checks are in transit.
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Place the steps of identifying workplace hazards into the correct order.
Place the options in the correct order.
Determine and prioritize controls.
Inspect the workplace using checklists.
Conduct incident investigations.
Characterize the nature of the identified hazards.
The proper sequence of steps for recognizing occupational dangers.
Identify and order controls in the first step.
Step 2: Use checklists to inspect the workplace.
Step 3: Describe the hazards that have been found.
Briefing:-Investigate the incident as step four.
Step 5: Recognize the risks connected to emergencies.
What four things can you take to reduce workplace risks?Replace the risk with a lesser one, Employ engineering controls, administrative controls, and personal protective equipment to isolate the risk.
What are the four objectives of danger recognition and identification?For an organization to run safely, hazards must be identified, assessed, controlled, and evaluated.
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