The study of how goods and services are produced, consumed, exchanged, and distributed through a system of resources, markets, institutions, and agents is known as __________.
Answer: Economics
Explanation:
Economics is a very important part of our daily lives as without it we would not have an understanding of the way the economy runs which will lead to even more suffering than human society today.
Economics encompasses the study of the production of goods and services as well as how these goods and services are consumed and exchanged. It encompasses the resources, markets and institutions needed to keep these goods flowing.
When Dorothy had children, she decided to quit her job in advertising to stay home and raise them until they went to grade school. * 10 points a. Employed b. Unemployed c. Out of the labor force
Answer: Out of labor force
Explanation:
The above scenario shows that Dorothy is out of the labor force. The labor force is made up of those that are employed and have a job and those that are unemployed but are searching for job.
In this case, Dorothy left her job to cater for her child and is not looking for a job. This shows that she is out of the labor force.
Assume the following information pertaining to Cub Company: Prime costs $195,000 Conversion costs 221,000 Direct materials used 85,000 Beginning work in process 98,000 Ending work in process 81,000 Cost of goods manufactured is calculated to be: $348,000. $289,000. $297,000. $314,000. $323,000.
Answer:
cost of goods manufactured= $323,000
Explanation:
Giving the following information:
Conversion costs 221,000
Direct materials used 85,000
Beginning work in process 98,000
Ending work in process 81,000
To calculate the cost of goods manufactured, we need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP
Conversion costs= direct labor + allocated overhead
cost of goods manufactured= 98,000 + 85,000 + 221,000 - 81,000
cost of goods manufactured= $323,000
The cost of goods manufactured is $323,000. So, the correct option is E.
Work in process beginning (WIP), direct materials required, and conversion costs (direct labor and manufacturing overhead) must all be added to determine the cost of goods created. Finally, we remove the completed work in progress.
So, the information provided are:
Beginning WIP: $98,000
Direct materials used: $85,000
Conversion costs: $221,000
Ending WIP: $81,000
Cost of goods manufactured = Beginning WIP + Direct materials used + Conversion costs - Ending WIP
Cost of goods manufactured = $98,000 + $85,000 + $221,000 - $81,000
Cost of goods manufactured = $323,000
Therefore, the cost of goods manufactured is $323,000. So, the correct option is E.
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Your question is incomplete, most probably the complete question is:
Assume the following information pertaining to Cub Company: Prime costs $195,000 Conversion costs 221,000 Direct materials used 85,000 Beginning work in process 98,000 Ending work in process 81,000 Cost of goods manufactured is calculated to be:
$348,000. $289,000. $297,000. $314,000. $323,000.Suppose that due to a fear that the United States is about to enter a long period of stagnant growth, stock prices fall by 50% on average. Predict what would happen to spending by consumers.
Answer:
spending would increase
Explanation:
Disposable income is either saved (invested) or spent.
If stock prices are expected to fall, individuals would be less willing to save their income and would prefer to spend their income instead.
As a result, spending would increase
A factor market is A) where goods are exchanged. B) where resources are exchanged. C) where goods are made. D) organized by government.
Answer: B) where resources are exchanged
Explanation:
The factors market is a very important market as this is where producers buy and sell resources needed for the production of goods and services. These resources include land, capital, labor and raw materials.
The market where crude oil is sold for instance is a factor market. Crude oil is a raw material that is converted into gasoline amongst other fuel related products.
which of the following resume statements is most effective?
have experience entering data into Microsoft word and excel
proficient in excel, word, visio, publisher, and powerpoint
certified in microsoft office
used expertise in data entry software, analyzed progress of energy conservation in green energy plants
Answer:
option D i am not sure my answers is correct or not
Answer:
used expertise in data entry software, analyzed progress of energy conservation in green energy plants
Explanation:
When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses incurred over the past two years? > Collapse / expand Compare another period > Year-to-date (YTD) Compare another period > Previous year (PY) Group by O Sort
Answer: Compare another period > Previous year (PY)
Explanation:
QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.
Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.
Corporate philanthropy: Group of answer choices is defined by none of the above is not a way that many companies today express their social responsibilities can be either a cash or a noncash donation is defined as the corporation's responsibility to satisfy the needs of its investors is the practice of limiting investments to companies that behave in accordance with the investors' code of ethics
Answer:
None of the above.
Explanation:
Philanthropy, whose initial meaning is "love for humanity", is the practice through which the private sectors allocate part of their economic funds to charity or the performance of public works, through foundations or charitable funds that finance works that meet the needs of society or a sector of it. In this context, corporate philanthropy is the exercise of this type of activity by business or corporate groups, which use part of their earnings for the development of charities or public works.
A person would most likely be able to justify the added cost of flood
insurance in which situation?
A. The person plans to move to an area far from the coast.
B. The person lives in an area that experiences hurricanes.
C. The person has homeowner's insurance that covers floods.
D. The person is in poor health and often goes to the hospital.
Answer:
B. The person lives in an area that experiences hurricanes.
Explanation:
Insurance coverage offers protection against losses caused by risk events stated in the policy document. The insurance company provides financial compensation should the insured suffer losses as a result of a risk covered by the insurance. The policy document states the amount of compensation the insured is entitled.
The amount of compensation is determined by many factors, including premiums. Premiums are considered as the cost of insurance. High premiums indicate that a person has a big insurance cover, which will compensate more in the event of a loss. A person living in a place that experiences hurricanes may want to pay high premiums for a flooding cover. Such a person is greatly exposed to flooding will require significant compensation should floods occur.
Answer:
b
Explanation:
1. There are many different leadership theories and no ideal leadership style. Explain what "It depends" means to you in the context of choosing the best leadership style.
Explanation:
There are many different theories of leadership and no ideal leadership style, because the ideal leadership will depend on several factors that can vary from one organization to another, such as the organizational structure, the type of product and service that organization offers, its objectives and goals, its strategy, its mission, vision and values and etc.
The most effective leadership style is one that is aligned with organizational purposes and values, as it is not enough to be an autocratic leader, for example in a decentralized organizational structure, where each employee has participation in the company's decision-making process.
Therefore, the ideal leader is the one who meets the requirements of your organization and your work team, is the one with communication and conceptual skills who understand the organization as an integrated system where there are people with different profiles and demands. The ideal leader will be one who acts ethically and following the set of company policies and procedures.
You prepared a one-page activity report for your supervisor to read while she is traveling. What would be the best way to distribute it to her?
A. Attach it to an email message.
B. Post it on a file-sharing site your team uses for shared documents.
C. Post it on your company's website.
D. Print it and mail it to your supervisor.
Answer:
A
Explanation:
I'm just guessing on what seems the most appropriate, polite and sensible.
Using the word “CAPITALISM,” create an acrostic poem that demonstrates your understanding of the term. Feel free to come back and comment on other student poems as well!
Answer:
Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. In doing so, they enjoy a great deal of legal freedom to dispose of these means, free enterprise production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their company. Hence, the capital owner will not fully consume the profit but reinvest in the business and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is, in principle, limited to that of market master.
Answer:
Explanation:
Controlled
Allows
Political
Innovation
Tolerant
America
Land
Inferior
State
Marketing
Please help, please
QUESTION 2 of 10: You have enough inventory ($3,000,000) to last 30 days for the current orders being processed. However, a new order came in today, which has to be fulfilled in 15 days. This new order will deplete your inventory completely by that time. How much money in inventory must be ordered to last the month? O a) $1,000,000 Ob) $1,250,000 O c) $1,500,000 O d) $3,000,000
Answer:
c) $1,500,000
Explanation:
Typically inventory for $3,000,000 will last for 30 days. The current order will be depleted by the 15th, which is half of 30 days. You require inventory to run for another 15 days. The inventory required will be half or $3,000,000
=$3,000,000 /2
=$1,500,000
On March 4, 2009, the SEC reached an agreement with Krispy Kreme Doughnuts, Inc., and issued a cease-and-desist order to settle charges that the company fraudulently inflated or otherwise misrepresented its earnings for the fourth quarter of its FY 2003, and each quarter of FY 2004. By its improper accounting, Krispy Kreme avoided lowering its earnings guidance and improperly reported earnings per share (EPS) for that time period earnings per share; these amounts exceeded its previously announced EPS guidance by 1 cent.
The primary transactions described in this case are "round-trip" transactions. In each case, Krispy Kreme paid money to a franchise with the understanding that the franchise would pay the money back to Krispy Kreme in a prearranged manner that would allow the company to record additional pretax income in an amount roughly equal to the funds originally paid to the franchisee.
Answer:
sorry i just need points ;-;
Explanation:
BUT! oh, jeez. yeah, im only in 9th grade, but if you have any other questions like math, i can try?
In which scenario do most homeowners use the equity in their home?
to pay off student loans
when they have children
when they sell it to buy a new one
when they're threatened with foreclosure
Answer: to pay off loans
What are the different types of economic measurements used to analyze most economies
Answer:
The levels of poverty.
Exchange rate.
The productivity of laborers.
National debt/The total borrowings of the government.
Inequality in Income.
Real Disposable Income
The Misery Index.
Explanation:
The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.
in a paragraph of 125 words, describe a vocational program you might be interested in completing. Explain what you
find Interesting about the vocation you selected. Be sure to Include Information about the specific skills it requires, and
the level of education or training needed to be qualified to get a job In the vocation you select.
Explanation:
Those who might love to participate in a program in vocational design. Those who like me, I am a lovely girl, or in my education, Architecture School, where we learn a great deal about layout, that kind of curriculum is really common.
This sort of software can be really useful to me so I can get the realistic knowledge I need for it. I will improve my stitching, tailoring, textile painting, clothing drawing, clothing and image photocopying skills, and much more.
If good 1 is on the horizontal axis and good 2 is on the vertical axis, then an increase in the price of good 1 will not change the horizontal intercept of the budget line. True False
Answer:
False
Explanation:
If the price of good 1 increases, then the price intercept will shift to the left (decrease towards origin). The horizontal intercept shows us the total amount of goods purchased if only good 1 is purchased. E.g. if good 1 originally cost $10 and the total budget is $100, the horizontal intercept will be 10. If the price of good 1 increases to $20, the horizontal intercept will be 5.
t/f the requirements for becoming a financial planner vary from state to state?
Answer:
each state has its owns laws and regulations so it is true that state to state requirements vary
This is a true statement because the states govern licenses that are offered to financial planners based on their background, their education, their experience and their credentials. Therefore, a financial planner in one state may not have the same credentials or backround as a financial in another state even though they are both considered financial planners.
what the importance of teamwork
Answer:
Businesses thrive when they have a diverse team of people who can contribute individual ideas. Teamwork helps solve problems. Collaboration within a group can help solve difficult problems. Brainstorming is a good opportunity for the team to exchange ideas and come up with creative ways of doing things.
Explanation:
Can you give me brainliest i really need it to reach my next rank
Answer:
A teamwork environment promotes an atmosphere that fosters friendship and loyalty. These close-knit relationships motivate employees in parallel and align them to work harder, cooperate and be supportive of one another. Individuals possess diverse talents, weaknesses, communication skills, strengths, and habits.
Explanation:
Why was it believed that accounting standards that were issued by the Financial Accounting Standards Board would carry more weight than standards previously issued
Incomplete question. The options;
a. The FASB has small membership.
b. The FASB board members are well paid.
c. The FASB board members must be CPAs.
d. The FASB engages in due process.
Answer:
d. The FASB engages in due process.
Explanation:
Interestingly, the FASB (Financial Accounting Standards Board) issued standards involve more due process than previously issued standards.
For example, the board on a federal level provides detailed guidelines on how non-profits organizations, public companies, and private companies should report their financial information. By visiting the FASB website, we can find it's due process information.
A seller wants to net $100,000 after paying the broker 5% and paying off his loan balance of $200,000. He will also pay documentary stamps on the deed of $2100. What must the property sell for to cover all costs and net the seller his desired amount
Answer: $318,000
Explanation:
The amount that the property must sell to cover all costs and net the seller his desired amount would be:
= ($100,000 + $200,000 + $2100) / (100% - 5%)
= $302,100 / 95%
= $302,100 / 0.95
= $318,000.
Care facilities are expensive. Your mother wants a single room with her own bath-room. The annual estimated cost is $100,000, but your mother does not anticipate entering the facility for four years. Her life expectancy when she enters the facility will be three years. Currently she has $200,000 in assets that are earning 6 percent. How much must she invest annually to meet her anticipated financial needs
Answer:
$3,384.31
Explanation:
first of all we must determine how much money do you need to pay for 3 years of the facility:
PV = $100,000 x 2.6730 (PV annuity factor, 6%, 3 periods) = $267,300
if your mother does not invest more money, she will have $200,000 x (1 + 6%)⁴ = $252,495
this means that your mother will be $267,300 - $252,495 = $14,805 short
her annual contribution = $14,805 / 4.3746 (FV annuity factor, 6%, 4 periods) = $3,384.31
Which of the following is likely to INCREASE your monthly payment?
Increasing the size of your down payment
Qualifying for a lower APR
Decreasing the number of months in your term
Answer: the anwser is c
Explanation:
the decreasing the number of months is what shows you the payment issue
Different customer statement types are available to suit different client situation. Heather wants to help hendatud unpaid invoices, unapplied payments, and Credit Memos. Which statement type should she choose?
A. Balance Forward
B. Open Item
C. Transaction Statemont
D. Client Open Balance
Answer:
B. Open Item
Explanation:
The open item of creditor side in accounting means the expenses or invoices that are still open from a supplier and the payment has not made i.e. it is open and would be settled and it is predicted to be settled on the last date
So as per the given situation, the option B is correct
And, the rest of the options are wrong
Therefore the same is relevant
Inflation and unemployment
Answer:
"Historically, inflation and unemployment have maintained an inverse relationship, as represented by the Phillips curve. Low levels of unemployment correspond with higher inflation, while high unemployment corresponds with lower inflation and even deflation"
Explanation:
hope this helps
Your company is considering two investments: buying 10% of the sharesin a publicly traded American company that owns five power generation units in Paksitan, or partnering equally with one other private company in building a new power generation unit in Pakistan. For which project would the required return be higher? Cite two reasons why?
Answer:
First project
Explanation:
The 2 options/ project been considered:
1. Buying 10% of shares in a publicly traded american company that owns five power generation units in Pakistan
2. To be partner with equal share with one private company in building a new power generation unit in Pakistan
The first option/project would have a higher required return because:
- This company is already settled in the country having five power generation units in Pakistan. All these units are running and making profit.
- Investment Option 2 is high riskier as we do not know the details of the new company and there are so many unforeseen circumstances surrounding establishing such project in the company. It will also take time to establish in order to start make it profitable.
A company starts a technology organization dedicated to training high school students in the use of the latest program languages. How can the company justify creating and funding such an organization since it is not about its primary products
The correct answer to this open question is the following.
You forgot to attach the options for this question. However, by doing research we can answer the following.
The company justifies creating and funding such an organization since it is not about its primary products for the following reason: "The funds spent on the tech organization will increase the number of qualified tech people in the society and community."
And action like can justify the funds to create the technology organization dedicated to training high school students in the use of the latest program languages. The reason? It is an action aimed to strengthen the public image of the company by doing some actions that impact and benefit the community. The organization will help people to learn more about technology and be more interested in a career in technology.
The 90 days have now passed, and it is obvious to many policymakers that a recession exists because consumers are spending less. As a result of these data, the government passes a law that creates an office that will give everyone $3,000 they must spend. This office will take 9 months to create and for hiring the necessary personnel. How would the economy change in this second time period, where the data now have convinced all the policymakers that a recession exists and where the government passed a law to start expansionary fiscal policies, but the money hasn't been distributed yet
Answer:
In this second time period, people would have more positive expectations about their personal economy, and the overall economy, because they would expect the stimulus check of $3,000 to reach their accounts very soon.
This would make people a bit less cautious with their spending, despite the economic recession. Some people would even use a larger proportion of their regular salary to either pay outstanding debt, or to acquire more expensive consumer goods or assets, because they would set aside the $3,000 for daily expenses.
How is opportunity cost related to scarcity?
Answer:
This concept of scarcity leads to the idea of opportunity cost. The opportunity cost of an action is what you must give up when you make that choice. Another way to say this is: it is the value of the next best opportunity. Opportunity cost is a direct implication of scarcity
Explanation: