Unexcludable is the person uses the good, others are also able to use it. (C)
Unexcludable goods are goods that are available to everyone and cannot be limited to certain individuals. This means that when one person uses the good, others are also able to use it. This is beneficial to society because more people are able to benefit from the good.
Unexcludable goods are sometimes referred to as “public goods” because everyone can benefit from them, regardless of whether or not they paid for them. Unexcludable goods are usually provided by governments and other public entities, such as parks and public libraries.
These types of goods are usually funded through taxes or other means, and cannot be limited to certain individuals. They are beneficial because they are available to everyone, regardless of income or status, and they often provide important services to a large number of people.(C)
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pepsico, inc., the parent company of frito-lay snack foods and pepsi beverages, had the following current assets and current liabilities at the end of two recent years: current year (in millions)previous year (in millions) cash and cash equivalents$4,995 $5,442 short-term investments, at cost3,548 10,106 accounts and notes receivable, net11,279 10,366 inventories2,027 1,802 prepaid expenses and other current assets676 666 short-term obligations360 3,825 accounts payable8,650 8,515 a. determine the (1) current ratio and (2) quick ratio for both years. round answers to one decimal place. current yearprevious year 1. current ratiofill in the blank 1 fill in the blank 2 2. quick ratiofill in the blank 3 fill in the blank 4 b. the liquidity of pepsico has some over this time period. both the current and quick ratios have .
The current ratio current year is 2.3 and 2.2 for previous year. Quick ratio for current year is 1.8 and for previous year is 2.0.
PepsiCo's current assets and current liabilities for the current year (in millions) and the previous year (in millions) are as follows:
Cash and cash equivalents: $4,995; $5,442
Short-term investments, at cost: $3,548; $10,106
Accounts and notes receivable, net: $11,279; $10,366
Inventories: $2,027; $1,802
Prepaid expenses and other current assets: $676; $666
Short-term obligations: $360; $3,825
Accounts payable: $8,650; $8,515
Current Ratio for Current Year = Current Assets / Current Liabilities
= ($4,995 + $3,548 + $11,279 + $2,027 + $676) / ($360 + $8,650) = 2.3
Current Ratio for Previous Year = Current Assets / Current Liabilities
= ($5,442 + $10,106 + $10,366 + $1,802 + $666) / ($3,825 + $8,515) = 2.2
Quick Ratio for Current Year = (Current Assets – Inventories) / Current Liabilities
= ($4,995 + $3,548 + $11,279 + $676) / ($360 + $8,650) = 1.8
Quick Ratio for Previous Year = (Current Assets – Inventories) / Current Liabilities
= ($5,442 + $10,106 + $10,366 + $666) / ($3,825 + $8,515) = 2.0
The liquidity of PepsiCo has improved over this time period. Both the current and quick ratios have increased.
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the formula for calculating declining balance depreciation is the depreciation rate per year times
The formula for calculating declining balance depreciation is the depreciation rate per year times the asset's book value at the beginning of the year.
The declining balance method is a type of accelerated depreciation that allows for larger depreciation deductions in the earlier years of an asset's useful life, and smaller deductions in the later years. The depreciation rate is typically double the straight-line depreciation rate, which means that the asset is depreciated at a faster rate in the early years.
To calculate declining balance depreciation, the depreciation rate per year is first determined. This rate is then multiplied by the asset's book value at the beginning of the year to determine the depreciation expense for the year. The book value is then reduced by the depreciation expense, and the process is repeated for subsequent years until the asset's book value is reduced to its salvage value or zero.
It's important to note that different depreciation methods can result in different amounts of depreciation expense and book value for the same asset over time. The choice of depreciation method can have a significant impact on a company's financial statements and tax liability.
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Individuals and households that buy or acquire goods and services for personalconsumption make up the ________.
A) consumer market
B) market offering
C) market mix
D) subculture
E) social class
The individuals and households that purchase or acquire goods and services for personal consumption make up the consumer market.
What is a Consumer Market? The consumer market comprises consumers who purchase products and services for their own use. The consumer market is made up of people who use the products and services in their everyday lives.
The aim of the consumer market is to persuade the maximum amount of consumers to purchase the company's goods and services. This requires understanding the customers' preferences and producing products and services that meet their needs, demands, and preferences. Therefore, the correct option is A) consumer market.
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nancy and mike want to file a complaint against their real estate agent, whom they feel misrepresented them in the sale of their ohio home. with what organization can they file a complaint?
Nancy and Mike can file a complaint against their real estate agent with the Ohio Division of Real Estate and Professional Licensing. This division handles consumer complaints and investigates claims of misconduct involving real estate brokers, salespersons, appraisers, foreign real estate dealers and salespeople, and other licensees.
In filing a complaint, the complaint must include the name and contact information of the licensee, a detailed description of the complaint, and copies of any relevant documents. The Ohio Division of Real Estate and Professional Licensing will investigate the complaint and, if necessary, take appropriate action.
Depending on the outcome, this action could include disciplinary action, such as reprimands, fines, suspension or revocation of the licensee’s license. If the complaint is found to be valid, the Division may require the licensee to pay restitution or damages to the consumer.
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fresh agro, inc., offers to deliver produce to growers' market for a certain price. fresh's intent to extend an offer is determined by reference to fresh's:
Fresh Agro, inc., offers to deliver produce to growers' market for a certain price. Fresh's intent to extend an offer is determined by reference to fresh's words and actions.
Words and actions are the strong statements for company's commitment towards its customers.
What does the term "market" signify in economics?A market is a venue where buyers and sellers may come together to facilitate the exchange or transaction of products and services. Markets might be real-world, like a physical store, or virtual, like an online shop.
What does market growth mean?Market growth rate is the shift in a market's size over a specific time period, usually stated as a positive or negative percentage. It measures the increase in a market's demand for a good or service. Consumer demand closely relates to market growth.
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the average total cost (atc), average variable cost (avc), and marginal cost (mc) curves are all because of .
The average total cost (ATC), average variable cost (AVC), and marginal cost (MC) curves are all U-shaped because of the law of diminishing returns.
The law of diminishing returns is a principle of economics that states that, after a certain level of output, marginal production decreases as the input level increases. This results in a U-shaped cost curve with decreasing marginal returns at first but increasing marginal returns later. The law of diminishing returns has a direct impact on the shape of cost curves in the following ways: Since the AVC is a function of the total variable cost, it exhibits a U-shape that is identical to the ATC curve at all levels of output.
The U-shape of the AVC and ATC curves is mirrored by the marginal cost curve since marginal cost is the derivative of both curves at every level of production. Since the law of diminishing returns sets in after a certain level of production, marginal cost initially falls before reaching a minimum and then rises again at a diminishing rate. The U-shape of the cost curves is caused by the law of diminishing returns, which leads to higher marginal costs, lower total output, and higher per-unit costs. Marginal costs rise as production increases, reaching a peak when the law of diminishing returns is strongest. The average total cost (ATC), average variable cost (AVC), and marginal cost (MC) curves are all U-shaped because of the law of diminishing returns.Learn more about law of diminishing visit:
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corporation makes a product with the following standard costs: standard quantity or hoursstandard price or rate direct materials 2.0 liters $7.00 per liters direct labor 0.5 hours $19.00 per hour variable overhead 0.5 hours $5.00 per hour the company produced 4,700 units in april using 10,230 liters of direct material and 2,210 direct labor-hours. during the month, the company purchased 10,800 liters of the direct material at $7.20. per liter. the actual direct labor rate was $19.80 per hour and the actual variable overhead rate was $4.90 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
The answer to this question is: "The materials quantity variance for April is $5,810 unfavorable."
The following steps can be used to calculate the materials quantity variance for April:
Materials quantity variance:
Standard cost of direct materials (2 liters × $7 per liter) = $14.00
Standard quantity of direct materials allowed for actual output:4,700 units × 2 liters per unit = 9,400 liters
Actual quantity of direct materials used = 10,230 liters
Materials quantity variance = (Actual quantity of direct materials used − Standard quantity of direct materials allowed for actual output) × Standard price per liter= (10,230 − 9,400) × $7= $5,810 (unfavorable)
Thus, the materials quantity variance for April is $5,810 unfavorable.
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a purchasing agent searches the inventory master file for what information relevant to a purchase? relevant costs, list of approved vendors, and the sales order. the reorder point and relevant costs. the requisition request and any relevant costs. the approved vendor and the economic order quantity.
As a purchasing agent, when searching the inventory master file for information relevant to a purchase, the following should be considered relevant: the approved vendor, relevant costs, and a list of approved vendors.
What is the inventory master file?
The inventory master file is a data source that provides data regarding the inventory that is kept by an organization. This data includes the quantities of stock that the organization possesses, as well as other relevant information that is required for proper inventory management. It is a central repository of information about all inventory items, providing information such as inventory status, inventory cost, reorder point, lead time, and other relevant information that helps the company maintain optimal inventory levels.
What information relevant to a purchase is searched in the inventory master file?
When searching the inventory master file for information relevant to the purchase, the following information should be considered relevant: Approved vendorThis information provides a list of vendors that have been pre-approved to sell the goods and services required by the organization.
The purpose of this information is to ensure that the purchasing agent does not purchase goods and services from vendors who are not approved by the company. Relevant costsThis refer to the total costs associated with the acquisition of a product or service. It includes both direct and indirect costs that are incurred during the procurement process. List of approved vendors.
This provides a list of vendors that have been pre-approved by the organization to sell the goods and services required by the company. It is important to ensure that the purchasing agent only purchases from approved vendors to maintain good relationships with vendors and ensure consistent quality.
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One conclusion of the Ohio State studies was that a leader who focuses on subordinates' feelings and ideas is exhibiting
a. task-oriented leader behavior.
b. consideration behavior.
c. initiating-structure behavior.
d. employee-centered leader behavior.
e. job-centered leader behavior.
One conclusion of the Ohio State studies was that a leader who focuses on subordinates' feelings and ideas is exhibiting':d) job centered leader behaviour.
Generally, A leader is demonstrating job-centered conduct when they pay great attention to the work that their subordinates are doing, explain the processes that they follow, and are deeply engaged in performance.
At one end of the spectrum is what is known as "autocratic" leadership, which is also often called "Boss-Centered" leadership. In this style of management, you, as the boss, would have complete power to make decisions and announce them to your staff.
Being centered leaders place a high value on being truthful, having an open mind, and being willing to seek out and embody higher levels of being, consciousness, and other-centered values, which are essential for both achieving a high level of life satisfaction and excelling in increasingly complex leadership roles.
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mike has a mastercard with an annual fee of $25, an 18% interest rate, and a $1,000 credit limit. he always pays the total outstanding balance monthly. his most recent monthly statement lists the previous month's payment, new charges in the current month totaling $1,500, and a $30 fee. the fee is most likely the result of:
Mike has a Mastercard with an annual fee of $25, an 18% interest rate, and a $1,000 credit limit. He always pays the total outstanding balance monthly. His most recent monthly statement lists the previous month's payment, new charges in the current month totaling $1,500, and a $30 fee. The fee is most likely the result of the over-the-limit fee.
What is an over-the-limit fee?Over-the-limit fee is a fee charged by credit card providers if a credit card account balance goes over its limit. A credit limit is the maximum sum that an account holder can charge on their credit card. If the cardholder surpasses this cap, the credit card provider charges an over-the-limit fee.
This fee can occur every month the balance exceeds the limit. Cardholders may have the option to opt-out of this fee, but they will not be able to charge anything beyond their credit limit. Thus, the fee is most likely the result of the over-the-limit fee, which he might not have anticipated while making the charges in his card.
However, there is no certainty if this is the case or not, as there may be other reasons for this fee as well. Thus, Mike should check with his card provider regarding the specific reason for the fee charged.
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How does a common-market agreement benefit citizens of a member country?
which of the following statements is normative? macroeconomics is a fun class george washington was the first president of the united states the newspaper reports that it is going to rain tomorrow africa is a country
The statement "George Washington was the first president of the United States" is normative. Normative statements express value judgments, opinions, or beliefs, while positive statements provide factual or objective information.
In economics, normative statements are subjective and value-based statements about what ought to be done in terms of economic policy. These statements typically involve value judgements about the benefits and costs of various courses of action.
In contrast, positive statements are objective and factual statements about the economy and are used to describe the reality of economic conditions.
For example, a normative statement could be that taxes should be raised in order to pay for infrastructure improvements. In contrast, a positive statement would be that government spending as a percentage of GDP has increased over the past 10 years.
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What's the meaning of tortious interference with prospective economic advantage ?
Tortious interference with prospective economic advantage refers to the deliberate disruption of a business agreement or relationship between two parties, usually by a third party, with the intention of gaining an unfair economic advantage.
What is tortious interference with prospective economic advantage? Tortious interference with prospective economic advantage is a legal term that refers to the practice of intentionally disrupting or interfering with a party's economic advantage or contractual relationships with another party. This interference could be in the form of malicious or unfair business practices that seek to harm or undermine the economic advantage of one of the parties involved.
The primary aim of tortious interference with prospective economic advantage is to prevent a party from entering into a contractual relationship or business arrangement with another party or to cause harm to an already established business relationship between two parties. This interference could be in the form of spreading false rumors, breaching confidentiality agreements, coercing, or threatening a party, among other actions. In tortious interference, the focus is on the intent of the interfering party to cause harm rather than on the act itself.
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how much parents and grandparents sponsorship 2022 income requirement?
In order to sponsor parents and grandparents in 2022, you must have the minimum required income (MNI) + 30%. By province and family size, the MNI varies.
The Canadian government requires sponsors to demonstrate they can assist their parents and grandparents financially by meeting the minimum required income (MNI) criterion. By province and family size, the MNI varies. Sponsors must demonstrate they have an extra 30% in revenue in addition to the MNI in order to achieve the sponsorship criteria. The money might come from numerous sources, such as job, self-employment, and pension. The criteria for income must be met in order to get sponsorship. If the sponsor cannot meet the MNI plus 30% income requirement, they may consider a co-signer or joint sponsorship to meet the financial requirements.
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6) the average annual income rises from $25,000 to $38,000, and the quantity of bread consumed in a year by the average person falls from 30 loaves to 22 loaves. what is the income elasticity of bread consumption? is bread a normal or an inferior good?
Bread is an inferior good, according to the income elasticity of demand, which is negative (-0.51).
Given,
average annual income rises from $25,000 to $38,000
the quantity of bread consumed in a year by the average person falls from 30 loaves to 22 loaves
Required to calculate the income elasticity of bread consumption =?
Income Elasticity of Demand = (Percentage Change in Quantity Demanded) / (Percentage Change in Income)
Percentage Change in Quantity Demanded = ((New Quantity - Old Quantity) / Old Quantity) * 100
Percentage Change in Quantity Demanded = ((22 - 30) / 30) * 100 = (-8/30) * 100 = -26.67%
Percentage Change in Income = ((New Income - Old Income) / Old Income) * 100
Percentage Change in Income = ((38000 - 25000) / 25000) * 100 = (13000 / 25000) * 100 = 52%
Income Elasticity of Demand = (-26.67% / 52%) = -0.513
When demand for a good decline as income rises, the good is considered inferior. In this scenario, consumption of bread declines as average yearly income grows, indicating that when income rises, customers may choose to purchase more expensive or higher-quality foods instead of bread.
Therefore, the income elasticity of bread consumption is -0.51.
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If a hotel company decides to try and develop its concept for a cruise line, that decision affects its
Perishability
seasonability
product services mix length
product services mix width
tangible
If a hotel company decides to try and develop its concept for a cruise line, that decision affects its product services mix width.
How does the company decision affect product services mix width?In this case, the decision to develop a concept for a cruise line would affect the hotel company's "product services mix width." This is because the company is expanding its range of offerings by entering into a new product category, i.e., cruise line services.
The other factors such as perishability, seasonality, length of product services mix, and tangibility may also be relevant depending on the specifics of the company's new venture, but the primary impact would be on the product services mix width.
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Four seats on the FOMC are allocated to Federal Reserve Bank presidents on an annual. rotating basis.A. TrueB. False.
The given statement, "Four seats on the FOMC are allocated to Federal Reserve Bank presidents on an annual rotating basis" is true because The Federal Open Market Committee (FOMC) is a federal agency in the United States that is accountable for monetary policy.
The FOMC is responsible for directing the Federal Reserve's monetary policy, which involves setting the federal funds rate, which influences interest rates throughout the economy, and supervising open market operations.The FOMC is made up of twelve members. The FOMC is made up of seven members of the Federal Reserve's Board of Governors and five of the twelve Federal Reserve Bank presidents.
Four of the five Federal Reserve Bank presidents rotate as voting members of the FOMC on a one-year basis. The New York Fed is always a permanent voting member, while the other four regional banks rotate on a yearly basis. Overall, For all demand deposits that banks receive, a percentage share must be deposited with Federal Reserve.
This is called compulsory withdrawal and serves to ensure the solubility of the financial system. For banks, this represents an asset as it is an amount they will have to receive when the Fed authorizes it. For the US Treasury, this represents a liability, which is a future payment obligation, as these amounts will be returned to banks in the future.
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a 5.0 percent corporate coupon bond is callable in 10 years for a call premium of one year of coupon payments. assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?
If the issuer calls the bond, the bondholder would receive $436.10.
To calculate the price paid to the bondholder if the issuer calls the bond, we need to determine the present value of the bond's remaining cash flows, which consist of the call premium and the remaining coupon payments.
First, we need to determine the amount of the call premium, which is equal to one year of coupon payments. The annual coupon payment is 5.0% of the par value, or $50. Therefore, the call premium is $50.
Next, we need to determine the present value of the remaining coupon payments. The bond has 10 years remaining until it is callable, and it pays an annual coupon of $50. Assuming a discount rate of 5.0%, the present value of these cash flows is:
PV = $50 / (1 + 0.05)^1 + $50 / (1 + 0.05)^2 + ... + $50 / (1 + 0.05)^10
PV = $50 x [1/1.05 + 1/(1.05)^2 + ... + 1/(1.05)^10]
PV = $50 x 7.722
PV = $386.10
Finally, we need to add the call premium and the present value of the remaining coupon payments to get the price paid to the bondholder:
Price = Call premium + Present value of remaining coupon payments
Price = $50 + $386.10
Price = $436.10
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by how much does my total utility increase when i go from having zero boxes to one box of paper clips
The increase in total utility when going from having zero boxes to one box of paper clips is not quantifiable because utility is a subjective concept.
Utility is a subjective concept that refers to the satisfaction or pleasure a person derives from consuming a good or service. Total utility is the total satisfaction or pleasure derived from consuming a given amount of a good or service.
Marginal utility, on the other hand, is the additional satisfaction or pleasure gained from consuming an additional unit of a good or service.Assuming that a person has a positive marginal utility for paper clips, their total utility will increase when they go from having zero boxes to one box of paper clips.
However, the increase in total utility cannot be quantified because utility is a subjective concept. It varies from person to person and depends on their individual preferences, tastes, and circumstances.
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which of the following government regulations most clearly benefits the media industry? a. the (now-defunct) fairness doctrine b. the concentration act c. limitations on ownership of media outlets d. broadcast license requirements
Out of the following government regulations, the one that most clearly benefits the media industry is limitations on ownership of media outlets.
What are government regulations?
Government regulations are laws and standards set by the government that indicate how businesses operate in specific industries. These regulations may be aimed at improving public safety and health, protecting the environment, and/or ensuring fair competition between companies.
In this question, the government regulation that most clearly benefits the media industry is "limitations on ownership of media outlets."
What are limitations on ownership of media outlets?
Limitations on ownership of media outlets are laws and regulations that prohibit a single corporation or individual from owning too many media outlets. This regulation is intended to preserve the diversity of media sources by preventing large corporations from monopolizing the industry.
The regulation's goal is to prevent a single corporation or person from controlling the media and providing a diverse range of perspectives. The concentration act, on the other hand, permits the merger of media corporations, thus diminishing diversity.
In conclusion, the most effective government regulation that benefits the media industry is limitations on ownership of media outlets because it promotes competition and diversity.
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with respect to permissions for uses and disclosures, hipaa divides health information into three categories. into which category does information related to research, marketing, and fundraising go? uses or disclosures that generally require specific written authorization. uses or disclosures that can generally occur without any specific permission from the patient. uses or disclosures that generally require oral agreement only.
Information related to research, marketing, and fundraising falls into the category of uses or disclosures that generally require specific written authorization.
The Health Insurance Portability and Accountability Act (HIPAA) divides health information into three categories: uses or disclosures that generally require specific written authorization, uses or disclosures that can generally occur without any specific permission from the patient, and uses or disclosures that generally require oral agreement only.
Information related to research, marketing, and fundraising falls into the category of uses or disclosures that generally require specific written authorization. Under HIPAA, this type of use or disclosure requires prior written authorization from the patient.
This written authorization must include details about the purpose of the disclosure and the parties that will receive the health information. Furthermore, it must be signed by the patient and specify a specific expiration date.
For some research, marketing, and fundraising purposes, written authorization is not required, as long as certain conditions are met. In these cases, the health care provider may provide the health information without patient authorization, as long as the use or disclosure meets certain criteria outlined in the Privacy Rule.
In conclusion, uses or disclosures related to research, marketing, and fundraising require written authorization under HIPAA, unless certain conditions are met. This written authorization must include certain details about the purpose and parties involved in the disclosure.
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variable manufacturing costs are $60 per unit, and fixed manufacturing costs are $120,000. sales are estimated to be 5,000 units. how much would absorption costing operating income differ between a plan to produce 5,000 and a plan to produce 6,000 units? a.$24,000 b.$60,000 c.$20,000 d.no difference
Absorption costing operating income differ between a plan to produce 5,000 and a plan to produce 6,000 units is $20,000.
The correct option is c.
Fixed manufacturing overhead costs are expenses incurred by the factory that cannot be directly linked to the number of units produced and that remain constant regardless of activity levels. These expenses fall under absorption costing and are inventorial.
1,000 x ($120,000 / 6,000 units) = $20,000
A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. The correct option is c.
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el tapitio purchased restaurant furniture on september 1, 2024, for $33,000. residual value at the end of an estimated 10-year service life is expected to be $4,800. calculate depreciation expense for 2024 and 2025, using the straight-line method and assuming a december 31 year-end. (do not round intermediate calculations.)
Given that el tapitio purchased restaurant furniture on September 1, 2024, for $33,000. The residual value at the end of an estimated 10-year service life is expected to be $4,800. We are to calculate the depreciation expense for 2024 and 2025 using the straight-line method and assuming a December 31 year-end.
Solution:
Since the residual value at the end of an estimated 10-year service life is expected to be $4,800, we can find the depreciable cost as follows:
Depreciable cost = Cost of the Asset - Salvage value
Depreciable cost = $33,000 - $4,800
Depreciable cost = $28,200
So the depreciation expense per year would be:
Depreciation Expense = Depreciable cost / Useful life
Depreciation Expense = $28,200 / 10
Depreciation Expense = $2,820
Depreciation expense for 2024:
Since the purchase is made on September 1, 2024, the depreciation expense for 2024 will only be for the remaining 4 months of the year.
Depreciation expense for 2024 = Depreciation Expense x (No. of months remaining / 12)
Depreciation expense for 2024 = $2,820 x (4 / 12)
Depreciation expense for 2024 = $940
Depreciation expense for 2025:
Depreciation expense for 2025 will be the full year depreciation expense of $2,820.
Depreciation expense for 2025 = $2,820
Hence, the depreciation expense for 2024 is $940 and the depreciation expense for 2025 is $2,820.
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how would the birthrate be affected by policies that reduce the taxes imposed on those with children? check all that apply. ceteris paribus, the birthrate should fall. ceteris paribus, the birthrate should rise. there will be a disincentive to have more children. people will have an incentive to have more children.
ceteris paribus, the birth rate should raise the birth price would be affected by policies that reduce the taxes imposed on those with children
Ceteris paribus is a Latin word that typically method "all different things being same." In economics, it acts as a shorthand indication of the effect one financial variable has on every other, provided all different variables remain the same.This commonly-used phrase stands for 'all different things being unchanged or regular'. it's far utilized in economics to rule out the possibility of 'different' factors converting, i.e. the unique causal relation between variables is centered.
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informal job actions by officers in which they refuse to perform certain job functions in an attempt to win labor concessions from their employers is called .
A "blue fever" is an informal employment action by officers in which they refuse to fulfill specific job responsibilities in order to get labor concessions from their employers.
The term refers to an apparent sudden breakout of disease among police officers that is being utilized as a cover for a coordinated labor strike. Police officers utilize the blue flu to put pressure on their employers to adhere to their demands, such as increased salary, better working conditions, or better benefits. Officers who call in ill or refuse to complete specific responsibilities can disrupt routine police operations and endanger public safety. This may result in discussions with the police union and, eventually, labor concessions.
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In 2018, Brazil's annual economic growth rate was 1.1%. Use the rule of 70 to estimate how long it would take for its real per capita GDP to double at that rate on average over the entire term. Round up to nearest whole number. years Click or tap the numbers or use your keyboard to type. If you're not sure, just take a guess
According to the rule of 70, Brazil's real per capita GDP would need to rise at a 1.1% annual pace for 64 years in order to double.
How is the GDP per capita growth rate determined annually?The difference in real Gross Domestic Product (GDP) per capita over two consecutive years is used to calculate the real GDP per capita annual growth rate.
How does the rule of 70 work?A simple formula for calculating how long it will take for an investment to double in value is known as the rule of 70. Simply divide 70 by the yearly rate of return to apply the rule of 70. The growth potential of an investment is only approximated by the rule of 70; it is not guaranteed.
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in testing control activities, an auditor ordinarily selects from a variety of techniques, including:
To test the effectiveness of controls, an auditor ordinarily selects from a variety of techniques, including b) Reperformance and observation. Option b) is the right answer.
Inquiry and analytical procedures: By conducting inquiry and analytical procedures, the auditor can test the effectiveness of controls. Inquiries involve asking questions of knowledgeable people inside or outside of the entity. Analytical procedures involve evaluating financial information through analyses of plausible relationships.
Reperformance and observation: These techniques may be used by auditors to test the effectiveness of controls. Reperformance involves reperforming procedures performed by the entity, whereas observation involves watching controls in action. The auditor may also use tests of controls to evaluate whether a control is operating effectively. So, option b) is the right answer.
Comparison and confirmation: These techniques may be used to test the effectiveness of controls. Comparison involves comparing data for consistency. Confirmation involves obtaining a response from a third party regarding the accuracy of certain data.
Inspection and verification: These techniques may be used by auditors to test the effectiveness of controls. Inspection involves examining records or documents to evaluate their reliability. Verification involves the use of evidence to determine whether a particular fact is true or false. Therefore, option b) is the answer.
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what should be included in the body of an adjustment letter? check all that apply. an explanation of compliance a statement that discourages future business transactions an acknowledgement of negligence an attempt to regain customer confidence a statement that rebuilds faith in future business
The body of an adjustment letter should include an explanation of compliance, an acknowledgement of negligence, and an attempt to regain customer confidence. The correct answers are options a, b, and c.
An adjustment letter is a formal document that is written in response to a customer complaint. It is written to rectify the mistake, to rectify the customer's complaint and restore their trust in the company. The body of an adjustment letter should include certain elements. These elements include the following:
An explanation of compliance - An adjustment letter should include an explanation of the company's compliance with the customer's request or demand.An acknowledgement of negligence - The letter should acknowledge the company's fault and apologize for any inconvenience caused to the customer.An attempt to regain customer confidence - The letter should express the company's commitment to keeping the customer satisfied and to maintain a positive business relationship with them.Thus, the correct answers are options a, b, and c.
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Why someone working full time on a minimum wage may rin it very difficult to develop sources of unearned income, while someone on a higher salary should be able to
The labour expenses that firms must bear may be significantly affected if the minimum wage is set too high or raised too much. This might therefore result in price inflation, harm to exports, and a decline in employment.
Do rising wages lead to inflation?The relationship between wages and prices. Pay increases are a key inflationary factor since salaries account for a sizeable amount of organizations' expenditures. Inflation may increase when firms increase prices to maintain profits and profitability as a result of pay growth that is more rapid than productivity growth.
Why would a pay increase increase demand while reducing supply?The volume of goods or services that are offered on the market may decline when profits or income rise since doing so also raises supplier or manufacturing expenses. According to microeconomic theory, an increase in wages or income translates into higher income levels for households and consumers.
Why would someone decide to put in less time at work to get more money?With an increase in pay rates, the cost of producing the good rises, forcing manufacturers to raise their selling prices. As a result of consumers purchasing less of the goods when the price rises, there will be a reduction in output and sales. Less labor will be needed as a consequence.
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which of the following would require an downward adjustment to net income when computing operating cash flows per the indirect method? (check all that apply) group of answer choices inventory decreased you had large increase in capital expenditures during the period paid in cash some of the cogs was a depreciation expense accounts payable decreased
When computing operating cash flows per the indirect method, a downward adjustment to net income would be required if an Inventory decreased, paid in cash some of the COGS was a depreciation expense and accounts payable decreased.
When using the indirect method for computing operating cash flows, the following would require a downward adjustment to net income:
Inventory decreased. If inventory has decreased, it implies that more goods have been sold than produced. The reduction in inventory indicates that cash has been paid out.
Paid in cash some of the COGS was a depreciation expense. In order to avoid double counting the impact of a depreciation expense on net income and cash flow, this should be adjusted.
Accounts payable decreased. A reduction in accounts payable indicates that cash was paid out more than expenses recorded in the period.
Therefore, the three items above require a downward adjustment to net income when computing operating cash flows per the indirect method.
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