Answer:
The answer is E. a unit of account; a medium of exchange
Explanation:
Because they allows different things to be compared against each other; for example, goods, services, assets, liabilities, labour income, expenses.
A unit of account is a monetary unit of measurement of value or cost.
And the second is a medium of exchange because $3 is being used to buy cone. It exchanged money for cone.
If a small business fails to repay a bank loan, what will the lending institution do to recover its loss?
Answer:
The bank sues the company for not paying the loan
Explanation:
When the small business fails to repay the loan to the bank, the bank sues the company in the credit bureau. The court then may declare the company bankrupt or the assets of the business can be liquidated to repay the creditor's loan. The defaults and unable to repay the loan affects the person's credit score severely, if the business is sole proprietorship. If the business is declared bankrupt then all of the business assets are liquidated and the money is paid to the lenders.
Nora is applying for a student loan to attend college. What is true? A) Her lender takes less risk with this type of loan. B) There is no collateral needed for this secured loan. C) The APR will be lower the first month of the loan. D) A higher interest may be associated with this unsecured loan. Help QUICK!!!
Answer:
D) A higher interest may be associated with this unsecured loan.
Explanation:
The secured loan is the loan in which collateral property is pledged while on the other hand the unsecured loan is the loan in which no collateral property is pledged
As in the given situation, the unsecured loan is higher riskier as compared with the unsecured loan. Moreover, in the unsecured loan the interest rate is high and it required high credit scores
Therefore the option D is most appropriate and fits to the current scenario
Cai Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Raw Materials Bal. 1/1 17,000 Credits ? Debits 97,000 Bal. 12/31 30,000 Work In Process Bal. 1/1 19,000 Credits 506,000 Direct materials 74,000 Direct labor 13,000 Overhead applied 257,000 Bal. 12/31 ? The cost of indirect materials requisitioned for use in production during the year was:
Answer:
The cost of indirect materials requisitioned for use in production is $10,000
Explanation:
Direct Material used = Opening Raw Material inventory + purchases - Closing RM inventory
Direct Material used = 17000 + 97000 - 30000
= $84,000
Out of this $84000, $74000 was Direct material in the WIP account , so therefore indirect material=
= 84,000 - 74,000
=$10,000
Answer:
10,000
Explanation:
Amy is analyzing a job offer. Amy’s Salary Analysis Annual Salary Benefits Average Monthly Rent Average Monthly Utility Costs $48,500 401K matched up to $2,500/year, $5,000 in bonuses $1,100 $200 How much should she expect to pay on rent and utilities each year? $1,300
Answer:
$15,600
Explanation:
The computation of the amount expected to pay on rent and utilities are shown below:
= monthly on rent + monthly utility.
= $ 1,100 + $ 200
= $ 1,300
Now the each year payment on rent and utilities is
= $ 1,300 × 12 months
= $15,600
hence, the estimated amount pay for the rent and utilities for each year is $15,600
Answer:
15,600 - the last choice
Explanation:
for edg. 2020
A new client of the member firm has just opened a margin account. After account approval, the client's initial trade is an order to purchase 100 shares of LMN common stock at $25. With Regulation T at 50%, in order to be in compliance with all regulations, the client would need to deposit:___________
Answer:
$2,000
Explanation:
Data provided in the question
Number of shares purchased = 100 shares
Price of common stock = $25
Given percentage = 50%
Based on the above information, there is no borrowing taken place in a margin account because there is a minimum requirement to maintain $2,000 in equity and when the purchase is made lower than $2,000 so it is important to pay the amount in full and the deposits are important when it is made more than $2,000 in the case when the trade is more than $4,000
A new real estate professional is getting to know licensees at his new firm, Tremont Homes. One licensee tells him there's an unwritten agreement with a neighboring firm that Tremont serves the mid-town area, and everyone who has prospective clients in that area refer their leads to Tremont. What's this an example of
Answer:
Market allocation.
Explanation:
Market allocation refers to a form of horizontal trade arrangement in which various competitors decide to limit their respective business practices to particular aspects such as particular territories, specified products, particular regional zones, and specific set of customers. Therefore, market allocation provides competitors the opportunity to establish large channels of local monopolies. As per the question, Tremont establish monopoly in that area and it unfairly limits the options of customers.
The project team member also referred to as the customer representative and responsible for defining the customer requirements and product features and for ensuring that the development team delivers an end product with the required features is the
Answer:
Product Owner (PO)
Explanation:
The Product owner is the one who knows what product features actually the customer is demanding from them. His opinion will have significant impact on the product formation as he will be acting as a customer agent. The product owner is a representative of the customer and helps the development team to develop a product of customer choice.
list 5 store documents pls ASAP
Explanation:
1. gate pass
2. stock card
3. stock requisition form
4. delivery note
5. stock order form
best regards!!
After graduation, you plan to work for Donald's Fashion Co. For seven years and then start your own business. You expect to save and deposit $10,000 a year for the first three years (t=1 through t=3) and $14,000 annually for the four years after (t=4 through t=7). The deposits are made at the end of each year, with the first deposit being made a year from today. In addition, your grandfather just gave you a $40,000 graduation gift which you will deposit immediately (i.E. T=0). If the account earns 8% compounded annually, how much will you have saved when you start your business seven years from now?
Answer:
The amount that will you have saved when you start your business seven years from now is $175,805
Explanation:
In order to calculate the amount that will you have saved when you start your business seven years from now we would have to calculate the Future Value from the deposit since the year 0 to year 7 as follows:
Future value of year 0 with deposit of $40,000 and rate 8%=PV(1+r)∧t
Future value of year 0 with deposit of $40,000 and rate 8%=$68,552.97
Future value of year 1 with deposit of $10,000 and rate 8%=$15,868.74
Future value of year 2 with deposit of $10,000 and rate 8%=$14,693.28
Future value of year 3 with deposit of $10,000 and rate 8%=$13,604.89
Future value of year 4 with deposit of $14,000 and rate 8%=$17,635.97
Future value of year 5 with deposit of $14,000 and rate 8%=$16,329.60
Future value of year 6 with deposit of $14,000 and rate 8%=$15,120.00
Future value of year 7 with deposit of $14,000 and rate 8%=$14,000.00
Therefore, amount that will you have saved=$68,552.97 + $15,868.74 + $14,693.28+$13,604.89+$17,635.97+$16,329.60+$15,120.00+$14,000.00
amount that will you have saved=$175,805
The amount that will you have saved when you start your business seven years from now is $175,805
The days' sales uncollected ratio is used to: Multiple Choice Estimate how much time is likely to pass before the amount of accounts receivable is received in cash. Measure how many days of sales remain until the end of the year.
Answer:
The days' sales uncollected ratio is used to: Estimate how much time is likely to pass before the amount of accounts receivable is received in cash
Explanation:
The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.
Selecting the Government Rate from a U.S. Government Rental Car Program vendor will result in a daily fee that provides you with unlimited mileage, liability coverage, and much more. What is the name of this fee?
Answer:
The correct answer is "Government Administrative Rate Supplement (GARS)".
Explanation:
GARS seems to be a recurring charge, which would be supposed to resolve the investment corporation's incurred expenses that are unique to government operations.However, according to my administrator, the policy which will be everyone's insurance becomes expected to include a GARS plan for $5 each day.Such that the solution provided above is the right one.
What is done with the costs of complying with consumer-protection
regulations?
A. absorbed by producers who are forced to cut into profits
B. reduced by transfer payments enabled by revenue tariffs
O c. shouldered by workers in the form of decreased wages
O D. eventually passed on to consumers in the form of higher prices
Answer:
Option(D) is the correct answer to the given question .
Explanation:
The main objective of consumer protection regulation to stops the unjustified, misleading as well as the dishonest business strategies through accumulating and analyzing the rules of the business to running them.It simply means they provide the security to the buyers as well as the people .
Consumer-protection regulations Protect from the fraudulent activity and the recapitalization.All the other option are not correct for the consumer-protection regulations that's why these are incorrect optionThe costs of complying with consumer-protection regulations are basically absorbed by producers who are forced to cut into profits. Therefore, the correct option is A.
The costs of complying with consumer-protection regulations are typically absorbed by producers or businesses. Businesses may need to change their operations, invest in more resources, or alter their products or services to conform to regulatory standards when regulations are imposed to safeguard customers rights and ensure fair practices.
In some circumstances, they might raise prices to cover some of the costs, but they might also make an effort to lessen the impact on customers in order to maintain their competitiveness.
Thus, the ideal selection is option A.
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What occurs over time as a result of inflation? Check all that apply. Interest becomes worth less money. The dollar’s value becomes unstable. Interest rates decrease. Interest rates fluctuate in value. The dollar’s future value changes.
Answer:
the anser is A and E
Explanation:
What occurs over time as a result of inflation are Interest becomes worth less money and the dollar’s future value changes.
What is inflation?Inflation is the consistent and persistent rise in the prices of goods and services as a result of too much money in circulation.
Causes of inflation are:
Increases in production costs.Increase in prices of goods and services.A surge in demand for products and servicesHence, what occurs over time as a result of inflation are Interest becomes worth less money and the dollar’s future value changes.
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The XYZ Fund had NAV per share of $17.50 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.47. Income distributions were $0.75, and the fund had capital gain distributions of $1.00. Without considering taxes and transaction costs, what rate of return did an investor receive on the XYZ Fund last year?
Answer:
21.26%
Explanation:
Calculation for the Rate of return that the
investor receive on the XYZ Fund last year
Using this formula
Rate of return =Current value - original value +Income distributions+ Capital gain distributions) / original value) x 100
Where,
Current value =$19.47
Original value =$17.50
Income distributions=$0.75
Capital gain distributions=$1.00
Let plug in the formula
Rate of return($19.47 - $17.50 + $0.75 + $1.00)/$17.50
Rate of return =($1.97+0.75+$1.00)/$17.50
Rate of return=$3.72/$17.50
Rate of return =0.2126*100
Rate of return =21.26%
Therefore the rate of return that did investor receive on the XYZ Fund last year will be 21.26%
PLEASE HELP ASAP! What is the impact of effective purchasing on an operation’s cash flow?
Answer:
Cost reduction; leading to profit for the company/business.
Explanation:
Remember, a cash flow is an indication or indicator of the amount of money coming into and out of a business.
Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
The practice of effective purchasing leads to Cost reduction and Profit maximization on operation’s cash flow.
Effective purchasing involves the practice of evaluating available suppliers for their performance, stability and efficiency to allow patronizing the one which offers lower cost service with same quality.
Effective purchasing results to cost reduction and thus, result to increased profit because the right items needed for operations at gotten at the fair price
Therefore, the practice of effective purchasing leads to Cost reduction and Profit maximization on operation’s cash flow.
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Countries such as the United States, the United Kingdom, France, Germany, the Netherlands, and Japan dominate in the share of total global stock of FDI and FDI outflows and in rankings of the world's largest multinationals because they
Answer: they were the most developed countries postwar and home to the largest and best capitalized enterprises
Explanation:
The options to the question are:
A. they were the most developed countries postwar and home to the largest and best capitalized enterprises.
B. they pursued a policy of blocking or restricting FDI inflow into their own economies.
C. they provided subsidies for their domestic firms to protect them from foreign competition.
D. they control much of the operating structure of the WTO which governs international trade.
E. they were the governing body of the International Monetary Fund.
The main reason for the dominance of countries such as the United States, France, the United Kingdom, Japan, Germany, and the Netherlands, in the share of total global stock of FDI and FDI outflows and in the rankings involving world's largest multinationals is because after the world war, they were the most developed.
Another reason is because they are the home to the largest and best capitalized enterprises. These countries mentioned in the question have the best technologies and are always innovative coming out with better ideas and technologies, hence their dominance in the world market.
Oucation 6 of 25
The need to get goods from producera to consumers raimes which of the
following bowie queations?
O A. How are goods and services to be distributed?
O B. What is to be produced?
O C. How is production to be organized?
O D. What is the most effective allocation?
Answer:
A. How are goods and services to be distributed?
Explanation:
After the manufacturing of the goods, the process of distribution proceeds. In this process, the goods and services produced are distributed from the producers to the consumers. Transportation, packaging, storage, and advertising are some of the processes that lie between the production and distribution of the products.
According to the given options, the basic question to be asked related to the distribution of the produced goods is option A. All the other three questions belongs to the production stage.
Answer:
How are goods and services to be distributed?
Explanation:
took the test
Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10; in the second round they play for $1,000. In the first round Gina suggests an 80/20 split ($8 to Gina, $2 to Henry), but Henry quickly rejects the offer as unfair. Assuming Gina is interested in gaining financially from the experience and that she understands behavioral economics, we would expect her to
Answer:
C. offer a more unequal split ($900/$100) in order to gain more for herself and figuring Henry will accept the split because $100 is better than nothing.
Explanation:
Since in the question it is mentioned that the first round play $10 then for second it would be $1,000. Split ratio is 80 by 20 but the same is rejected by Henry
For understanding the behavioral economics, i.e decision making effects she should offer more unequal split i.e $900 by $100 so that she gain more as compared to Henry and at the same time Henry accept the $100 thinking that it is better than nothing
Hence, the correct option is c.
what is buisness studies
Answer:
This is an academic subject taught in schools and at high college levels.
Explanation:
Its studies combines elements of finance, marketing,e.t.c.
Hope this helps you.
I also do this.
Sparky's incorrectly included inventory that was on consignment in its ending inventory count. Consequently, the ending inventory was overstated on the balance sheet. Explain how this error will affect this year's income statement. (Check all that apply.)
Answer:
Net Income will be Overvalued.
Explanation:
If closing inventory is overvalued, the cost of sales figure will be undervalued, consequently the gross profit and the net income for the year will be overvalued.
In which sector of agriculture would an
AgLoan Officer be classifed?
A. agribusiness
B. animal systems
C. natural resources and environmental systems
D. power, structure, and technical systems
Answer:
A
Explanation:
The correct answer would be agribusiness.
Agribusiness is a section of the agricultural sector that focuses mainly on the commercial/business side of agricultural production.
Agloan is a short form for agricultural loan. An Agloan officer is best classified under the business side of agriculture because their works have to do with granting loans to farmers for a profit.
The correct option is A.
Because of poor management, the stock price of Orange Dolphin Inc. falls and many investors sell their shares. Soon Orange Dolphin becomes the target of a hostile takeover, during which Hans buys enough shares to exert control over the firm. In this scenario, Hans performs the role of a(n)
Answer: Corporate raider
Explanation:
Corporate raider is a financier who makes a hostile takeover bids for the organizations involved in order to resell back them at a profit or to control their policies.
From the question, we can notice that this is what Hans did, therefore Hans performs the role of a corporate raider.
An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 units. Each unit of capital costs $10; each unit of raw materials, $4; and each unit of labor, $3. The per-unit cost of production in this economy is
Answer:
$0.1
Explanation:
The per unit cost of a production is the sum of variable cost and fixed cost divided by the total number of units produced. The per unit cost is given by the formula:
Per unit cost = (Variable cost + Fixed cost) / Number of units produced
Variable cost = Cost of raw material = Units of raw material × Cost of each unit of raw material = 5 units × $4/unit = $20
Fixed cost = Cost of labor + Capital =(Units of capital × Cost of each unit of capital) + (Units of labor × Cost of each unit of labor) = (8 units × $3/unit) + (2 units × $10/unit) = $24 + $20 = $44
Variable cost + Fixed cost = $20 + $44 = $64
Per-unit cost of production = (Variable cost + Fixed cost) / Total output = $64 / 640 = $0.1
Which is an advantage of the sole proprietorship and partnership business models?
Explanation:
Advantage is profit easy to earn money etc
This OS was created by a developer named Torvalds. Linux Mac Unix Windows
Answer:
Linux.
Explanation:
Linus Torvalds is a Finnish computer programmer, creator of the Linux operating system kernel in 1991. Torvalds began developing his project through research done in a particular way during his spare time, using his own computers, tools and spare parts, and taking the Minix operating system as a starting point, seeking to create his own operating system to use on his own personal computers. Finally, as a result of this development, Torvalds created the largest and best-known open software operating system today.
Carly's Classic Limo Service sold one of its automobiles for $19,000. The car was an antique car that Carly used to promote the business. The car had an original cost of $13,000 with $11,000 in accumulated depreciation. The recognized gain on the sale was $
Answer:
$17,000
Explanation:
The reason is that the recognized gain is the difference between the Carrying Value and the Sale Value of the asset.
Here
Carrying value of asset = $13,000 Cost - $11,000 Accumulated Depreciation
Carrying value of asset = $2,000
Sale Value is $19,000
Recognized Gain = $19,000 Sale Value - Carrying Value $2,000
Recognized Gain = $17,000
how do you calculate a total including sales tax?
Answer:
Add the tax to the subtotal to calculate the total amount
Explanation:
Add the prices of items purchased to obtain a subtotal.
Multiply that subtotal by the tax rate to determine the tax.
Add the tax to the subtotal to calculate the total amount.
__
Example
Purchases total 6.95. The tax rate is 8.2%.
The tax due is ...
0.082 × 6.95 = 0.5699 rounds to 0.57.
The total amount due is ...
6.95 +0.57 = 7.52
_____
Comment on percent
The % (percent symbol) is a fancy shorthand way to write /100. That is, a tax rate of 8.2% means you multiply the pre-tax amount by 8.2/100 = 0.082.
To calculate the total amount including sales tax, follow these steps:
The Steps to followDetermine the sales tax rate (expressed as a percentage).
Multiply the sales tax rate by the original price to find the tax amount.
Add the tax amount to the original price to get the total amount, including sales tax.
Formula: Total = Original Price + (Original Price * Sales Tax Rate)
Example: If the original price is $50 and the sales tax rate is 10%, the total amount would be $55.
Remember, the sales tax rate may vary depending on the location and the type of product or service being taxed.
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predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the machine-hours for the upcoming year at 10,000 machine-hours. The estimated variable manufacturing overhead was $8.52 per machine-hour and the estimated total fixed manufacturing overhead was $256,500. The predetermined overhead rate for the recently completed year was closest to:
Answer:
Total overhead rate = $34.17 per machine hour
Explanation:
The total overhead rate would the sum of the variable overhead rate and the fixed overhead rate
The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours
DATA:
Estimated overhead - $256,500.
Estimated machine hours - 10,000 machine hours
The pre-determined fixed overhead absorption rate =
$256,500/ 10,000 machine hours = 25.65 per hour
The pre-determined overhead absorption rate = $25.65 per hour
Total overhead rate = Variable rate + Fixed rate
= $8.52 + $25.65 = $34.17
Total overhead rate = $34.17 per machine hour
i am going to take my drivers ED for my licsense is there any thing i need to know thats important PLEASE HELP!!!!
i have a tip, try your best to stay calm. if you are nervous, take a deep breath and meditate before class
Answer: what you need to know is that not to be nervous if you are take da p breathes and when driving not to grab the steering wheel with to much strength hold the steering wheel as if you were holding someone's hand. But most important of all stop at the street lights and a good driver pays attention to there surrounding.
Explanation:sorry if it was late
A company purchased $10,000 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $800 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals:
Answer:
$8,924
Explanation:
the journal entries should be:
June 15, merchandise purchased on account, terms 3/10, n/45
Dr Merchandise inventory 10,000
Cr Accounts payable 10,000
June 20, defective merchandise returned
Dr Accounts payable 800
Cr Merchandise inventory 800
June 24, invoice is paid within discount term
Dr Accounts payable 9,200
Cr Cash 8,924
Cr Purchase discount 276