Inauguration of the White House Internship Program, which will pay interns for the first time in recent memory, was announced by Vice President Harris and President Biden.
The President's Executive Office will benefit from this funding by offering paid internships. The White House Office and the Vice President's Office are both places where interns in the program will work.
Each year, the White House Internship Program brings together national leaders who want to give their time, energy, and experiences to serving the country through public service.
On the grounds of the White House, the Fall 2022 session will be held. To maintain a secure and healthy working environment, program leadership will keep an eye on the public health environment surrounding COVID-19 and adjust the program's strategy as needed. All interns will be required to verify their immunization record and adhere to any COVID-19 rules set forth by the White House.
President Biden and Vice President Harris have promised to build an administration that reflects America's diversity because they think that capable individuals from all backgrounds should have an equal chance to serve our nation. All those who are interested and meet the requirements are highly encouraged to apply. Each White House Internship Program class shows that dedication.
Several Noteworthy White House Interns
Huma AbedinTroy BlackwellJulian CastroMimi AlfordBrent BartonJaime Herrera BeutlerNeil CavutoBen CoesMisha CollinsRodney Mims Cook, Jr.Rod DembowskiMonique DorsainvilPaying White House interns is a significant accomplishment that will help remove obstacles to equal opportunity for low-income students and first-generation professionals at the beginning of their careers. It will also ensure that those who receive internship opportunities at the White House—and who will make up a significant portion of the federal government's leadership pipeline—reflect America's diversity.
This internship opportunity is not only a great way to start a new career, but it is also the ideal catalyst for doing something good for our nation. We are motivated to grow and reach new heights when we consider some famous interns. We get the impression that we have a strong support network behind us and our career.
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FILL IN THE BLANK. when a decision maker is faced with several alternatives and an uncertain set of future events, s/he uses ____ to develop an optimal strategy.
Decision/selection analysis A approach used to improve an most reliable strategywhen a choice maker is confronted with several selection alternativesand an uncertain set of future events
Where is choice analysis used?Decision evaluation uses a range of equipment and additionally accommodates factors of psychology, administration techniques, and economics. Risk, capital investments, and strategic commercial enterprise selections are areas where choice evaluation can be applied.
There are 4 simple factors in selection theory: acts, events, results and payoffs. There are four basic factors in decision theory: acts, events, outcomes, and payoffs.
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https://brainly.com/question/27004710#SPJ4a. jerome has a beautifully landscaped front lawn with lots of colorful flowers. landscaped lawns produce a externality. landscaped lawns exist relative to the socially efficient quantity. b. dave takes advantage of the low price of gas to purchase a sports utility vehicle. sports utility vehicles generate a externality. sports utility vehicles are produced relative to the socially efficient quantity. c. susan decides to walk to work instead of driving. walking to work creates a externality. walks to work exist relative to the socially efficient quantity. d. anita decides to smoke a cigarette while she is waiting at a busy bus stop. cigarettes create a externality. cigarettes are produced relative to the socially efficient quantity.
Option A Jerome has a beautiful well-kept front garden with many colorful flowers. A well-maintained lawn creates an externality A well-maintained lawn exists relative to a socially efficient crowd.
Socially efficient prices and quantities are those that occur in a perfectly competitive market. This occurs when the marginal cost equals the demand, at price B and quantity Y. This means that all possible mutual benefit deals could have been made.
This is the optimal allocation of resources in society, taking into account all external and internal costs and benefits. Social efficiency occurs at outputs where marginal social utility (MSB) = marginal social cost (MSC).
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the us bankruptcy court has exclusive federal jurisdiction over core bankruptcy proceedings and state courts have exclusive state jurisdiction over all matters not subject to federal jurisdiction, including but not limited to, divorce and adoption cases.
Yes, it is true: us bankruptcy court has exclusive federal jurisdiction over core bankruptcy proceedings, and state courts have exclusive state jurisdiction over all matters not subject to federal jurisdiction, including but not limited to, divorce and adoption cases.
Bankruptcy proceedings are subject to the jurisdiction of each of the 94 federal judicial districts, and cases are essentially filed in every district's bankruptcy court. Those who are unable to pay their creditors can have a fresh start owing to bankruptcy laws by liquidating their assets to satisfy their debts or by developing a repayment plan. The High Court has a great deal of experience with cases like these, so the parties can relax knowing their case is in good hands. Depending on the nature of the transaction, there can be additional possibilities for debt recovery, such as the Rental Housing Tribunal or an Ombudsman.
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A small pastry business is in the process of creating ads within their Display campaign. They find that there are two main ad formats that they can use. What are the two main ad formats used in a Display campaign? Choose two. Select 2 Correct Responses
Call-only ads
Text ads
In-stream video ads
Uploaded ads (Image & AMPHTML)
Responsive Display ads
In a display campaign, there are two primary ad formats: \
a) Uploaded ads (Image & AMPHTML)
b) Responsive Display ads
Display Advertising: What Is It?Display advertising is a technique for luring a website's, social media platform's, or other digital medium's audience to take a particular action. These frequently feature text-based, image-based, or video advertisements that prompt viewers to visit landing pages and take action.
Cost per click (CPC) is the primary payment method for the majority of display and internet advertising campaigns.In other words, each time a user clicks on your ad on a search engine, you will be charged a specific sum based on your overall bidding strategy.
Campaigns for retargeting can also employ them. Here, advertising are displayed to people who have already visited a specific website. The objective is to "retarget" them and persuade them to visit the website again and complete the same action.
In light of this, let's examine what attributes a successful display ad campaign and how to create eye-catching ad copy that will draw in your target market.
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denver, incorporated, has sales of $18.2 million, total assets of $13.2 million, and total debt of $4 million. the profit margin is 10 percent. what is the company's net income?
The company's net income will be $1,820,000 when the sales of $18.2 million, total assets of $13.2 million, the total debt of $4 million and the profit margin is 10 percent.
What is Net Income?Sales less cost of goods sold, selling, general and administrative costs, operating costs, depreciation, interest, taxes, and other expenses are used to compute net income (NI), also known as net earnings. For investors to gauge how much a company's revenue outpaces its costs, this figure is helpful. net income which is a measure of a company's profitability can be seen on the income statement of a business. A company's earnings per share is determined using net income.
Net income is frequently referred to as the bottom line by business analysts since it appears at the end of the income statement. The term "profit attributable to shareholders" is how analysts in the UK refer to NI.
Net Income = Profit margin × Sales
Net Income = 10% × $18,200,000
Net Income = $1,820,000
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what refers to the computer chip performance per dollar doubles every 18 months? multiple choice question.
According to Moore's Law, the performance of a computer chip doubles every 18 months.
Define Moore's Law.A dense integrated circuit's transistor count doubles approximately every two years, according to Moore's law. A historical trend that has been noted and predicted is Moore's law. Rather than being a physical law, it is an empirical relationship linked to increases in production experience.
The number of transistors on microchips will roughly quadruple every two years, according to Gordon Moore's 1965 prediction. The intrinsic complexity of semiconductor process technology, which has been increasing, is the problem for Moore's Law. Transistors are now three-dimensional, and numerous exposures were necessary to replicate these features on silicon wafers due to the small feature size of today's modern process technologies.
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pension-splitting refers to: a. pension becoming part of a divorce decree and being applied to the divorced spouse. b. an agreement such that each spouse gets half of the other's pension. c. an arrangement that gay people can receive a portion of their partners' pension. d. an agreement that the federal government will regulate pension rights.
For a given pension -splitting, only one joint election may be made. You must choose who will serve as the transferring spouse or common-law partner.
If you and your spouse or common-law partner both have eligible pension income and choose to distribute some of your eligible pension income to your spouse or common-law partner (the receiving spouse or common-law partner).Transferring spouse or common-law partner is the person who receives qualifying pension income and chooses to allocate a portion of that income to their spouse or common-law partner for the purposes of the joint election to split pension income (the receiving spouse or common-law partner).Receiving spouse or common-law partner is the person to whom a portion of their spouse's or common-law partner's eligible pension income is assigned for the purposes of the joint election to share pension income (the transferring spouse or common-law partner).To know more about pension -splitting
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when school districts are funded by local taxes only, the likelihood of disparities in funding goes up. t/f
Disparities in funding are more likely when school districts only get revenue from local taxes. The act of providing resources to finance a need, programme, or initiative is known as funding. So,the given statement is True.
While typically in the form of money, this can also be in the form of an organisation or company's time or effort. The phrase financing is used when a firm obtains capital from outside sources, whereas this word is typically employed when a firm uses its internal reserves to satisfy its need for cash.
Credit, venture capital, gifts, grants, savings, subsidies, and taxes are just a few of the financial options available. "Soft funding" or "crowdfunding" refers to financial resources such as donations, subsidies, and grants that do not directly require a return on investment.
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2. Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of
using his debit card. Based on this agreement, what is the impact of this decision?
a. There is no impact since credit card and debit card terms tend to be the same.
b. A $10 cash advance fee will be charged ONLY.
c. An A.P.R. of 25.24% will be applied on the $40 until it is paid back ONLY.
d. A $10 cash advance fee will be charged AND an A.P.R. of 25.24% will be applied on the
$40 until it is paid back.
Based on this agreement, the impact of this decision is D. A $10 cash advance fee will be charged AND n A.P.R. of 25.24% will be applied on the $40 until it is paid back.
What is APR?The annual percentage rate (APR) is the interest generated by a sum charged to borrowers or paid to investors each year. APR is a percentage that represents the actual yearly cost of funds over the life of a loan or the income earned on an investment. This includes any fees or additional costs associated with the transaction but excludes compounding.
The APR provides consumers with a single number that they can use to compare lenders, credit cards, and investment products.
Since Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of using his debit card, a cash advance fee will be taken.
In conclusion, the correct option is D.
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What kind of claim is used for billing provider fee-for-service claims to commercial health insurance companies?.
Payment of providers fee-for-service payments to commercial health insurance companies takes the form of a CMS-1500 claim.
Which three basic types of insurance coverage are there?Life insurance policies frequently used include: Term life insurance Whole life protection. Continuity of life insurance
Do you get paid if you have life insurance?Life Insurance: What Is It? You and a health insurer enter into a contract for life insurance. In essence, the insurer company will give your beneficiaries a lump sum, known as a death benefit, in return for your premium payments.Your beneficiaries can utilize the money however they see fit.
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Find the extreme value(s) of each of the following functions and determine whether they are maxima or minima: [10]
a) z = x2 + xy + 2y2 + 3 [10] b)2=-x2-y2 + 6x + 2y [10]c) z = 3x3-5y2-225x + 70y + 23 Zー
z = x2 + xy + 2y2 + 3
The function is optimized when zx = 0 and zy = 0.
zx = \partialz/\partialx = 2x + y = 0.......(1)
zy = \partialz/\partialy = x + 4y = 0.......(2)
(2) x 2 yields: 2x + 8y = 0.......(3)
(3) - (1) yields: 7y = 0, so y = 0
x = -4y [From (2)] = 0
When x = y = 0, z = 0 + 0 + 0 + 3 = 3
Second order condition for maxima is: zxx < 0 and zyy < 0. Second order condition for minima is: zxx > 0 and zyy > 0.
zxx = \partial/\partialx(zx) = 2 > 0
zyy = \partial/\partialy(zy) = 4 > 0
Therefore, it is a minima.
(b)
z = - x2 - y2 + 6x + 2y
The function is optimized when zx = 0 and zy = 0.
zx = \partialz/\partialx = - 2x + 6 = 0
2x = 6
x = 3
zy = \partialz/\partialy = - 2y + 2 = 0
2y = 2
y = 1
When x = 3 and y = 1, z = - (3 x 3) - (1 x 1) + (6 x 3) + (2 x 1) = - 9 - 1 + 18 + 2 = 10
Second order condition for maxima is: zxx < 0 and zyy < 0. Second order condition for minima is: zxx > 0 and zyy > 0.
zxx = \partial/\partialx(zx) = - 2 < 0
zyy = \partial/\partialy(zy) = - 2 < 0
Therefore, it is a maxima.
(c)
z = 3x3 - 5y2 - 225x + 70y + 23
The function is optimized when zx = 0 and zy = 0.
zx = \partialz/\partialx = 9x2 - 225 = 0
9x2 = 225
x2 = 25
x = - 5 or x = 5
zy = \partialz/\partialy = - 10y + 70 = 0
10y = 70
y = 7
When x = - 5 and y = 7, z = 3 x (- 5)3 - 5 x (7)2 - 225 x (- 5) + 70 x 7 + 23 = - 375 - 245 + 1125 + 490 + 23 = 1018
When x = 5 and y = 7, z = 3 x (5)3 - 5 x (7)2 - 225 x 5 + 70 x 7 + 23 = 375 - 245 - 1125 + 490 + 23 = - 482
Second order condition for maxima is: zxx < 0 and zyy < 0. Second order condition for minima is: zxx > 0 and zyy > 0.
zxx = \partial/\partialx(zx) = 18x
When x = - 5, zxx = 18 x (-5) = - 90 < 0
When x = 5, zxx = 18 x 5 = 90 > 0
zyy = \partial/\partialy(zy) = - 10 < 0.
Therefore, when x = -5 and y = 7, it is a minima. But when x = 5 and y = 7, the solution is neither maxima nor minima.
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When it comes to contacting inbound leads, one rule is always true:
Content and context are two of the most effective elements of inbound marketing. Help prospects buy by providing the right content at the right time through lead nurturing.
What is inbound marketing?Inbound marketing is a systematic strategy for creating valuable content that meets the needs of your target audience and fosters lifelong customer loyalty.Your customers are with you by helping them find solutions to their problems. It's easy to see why modern businesses use content marketing as one of their inbound marketing strategies.Outbound marketing strategies include TV spots, billboards, solicitation calls, and display advertising, while inbound marketing relies on slow-burning content marketing techniques such as blogs, opt-in email nurturing methods, and native suggestions.Outbound marketing is the act of proactively reaching out to potential customers to increase their interest in your product.On the other hand, the goal of inbound marketing is to create and distribute content that encourages people to visit her website.Learn more about inbound marketing, here
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If the inflation rate in an economy is 5 percent and the income earned by workers increases by 5 percent, then _____.
nominal income increases by 5 percent and real income is unchanged
nominal income increases and real income declines
both nominal income and real income increase by 5 percent
both nominal income and real income decrease by 5 percent
nominal income declines and real income increases
If the inflation rate in an economy is 5 percent and the income earned by workers increases by 5 percent, then nominal income increases by 5 percent and real income is unchanged that is option A is correct.
Inflation refers to the increase in the prices of the commodities within the economy. Inflation has a significant effect on any economy as the purchasing power decreases within an economy when the prices of commodities increases. Nominal Income is the income that is not adjusted according to the changes in the inflation within an economy and the purchasing power of the people. This income changes as the inflation rate while the real income does not have any effect with reference to the inflation rate. So when the inflation rate increases by 5% then the nominal income increases by 5% while the real income remains unchanged.
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in the phase of the decision-making process, data is collected from a variety of internal and external sources and processed.
Intelligence phase is phase of the decision-making process, data is collected from a variety of internal and external sources and processed.
Decision-making is seemed because the cognitive system ensuing inside the selection of a belief or a course of motion among numerous feasible alternative options. it is able to be either rational or irrational.
Choice making is the system of making selections by means of identifying a choice, accumulating information, and assessing alternative resolutions. the usage of a step-with-the-aid-of-step decision-making technique can help you make more deliberate, considerate selections via organizing relevant facts and defining options.
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Private Publishing has two office employees. A summary of their earnings and the related taxes withheld from their pay for the week ending August 7, 2019, follows.Ann Chen David Kendrick Gross earnings $ 1,220.00 $ 1,090.00 Social security deduction (75.64 ) (67.58 ) Medicare deduction (17.69 ) (15.81 ) Income tax withholding (326.59 ) (196.31 ) Net pay for week $ 800.08 $ 810.30 1&2. Prepare the general journal entry to record the company’s payroll and to summarize the checks to pay the weekly payroll.
The company’s payroll and to summarize the checks to pay the weekly payroll.The difference between the gross income and all deductions is the net pay for employees.Statistics and computations.Net pay to the employee $70,000.
Gross income equals $100,000.
Deductions:
Community Security
Medicare\s$6,700
$18,000 in federal income taxes
$1,450 in total deductions
$3,850 in state income tax
Net pay = $70,000
David Kendrick Gross earnings $ 1,220.00 $ 1,090.00 Social security deduction (75.64 ) (67.58 ) Medicare deduction.A wage is money that an employer gives to an employee in exchange for labour that is accomplished over a specific period of time. In addition to compensating payments like the minimum wage, prevailing wage, and annual bonuses, wages also include remunerative rewards like prizes and tip payouts. Wages are a part of the expenses related to running a business.
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A manager who exhibits ______ leadership behavior will pay more attention to production costs than employee morale.
A manager who exhibits initiating-structure leadership behavior will pay more attention to production costs than employee morale.
What is employee morale.?Generally, A team's morale may be defined as how its members feel about the environment in which they operate and the part they play in that setting. Morale has a great influence on - involvement. - the driving force. - increased output.
The general mental and emotional health of your team are what is referred to as "employee morale." According to the findings of a survey conducted by Gallup, disengaged workers have higher levels of stress, which increases their likelihood of developing heart disease and other health problems.
Employees who are confident in themselves, enthusiastic about their work, and loyal to the company are signs of high morale.
When it comes to leadership behavior, a manager who exhibits an initiating-structure style will focus more on production costs than they will on the morale of their workforce.
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an example of a public policy response to a monopoly is: group of answer choices public ownership. doing nothing. antitrust laws. all of these are examples.
Antitrust laws are one instance of a policymaking response to a monopoly.
Simply put, what is antitrust law?The antitrust laws generally forbid mergers and commercial practices that are illegal, leaving it up to the courts to determine which ones are on the basis of the specific details of each case. Throughout history, from the era of horse-drawn carriages to the modern digital era, courts have applied antitrust rules to evolving marketplaces.
What are prohibited by antitrust laws?It outlaws any agreements or plots that restrict trade or commerce. Price fixing, trade allocation, general strikes, bid rigging, and tying agreements are examples of these forbidden constraints. The Sherman Act forbids monopolization in any sector of the economy as well as attempts to do so.
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A company that wants to use scenes from the pixar movie soul in its advertising campaign would have to have a __________ with the pixar company to use the movie.
When animating its feature-length and short films, Pixar Animation Studios uses proprietary software called Presto that was created in-house.
Who is the creator of the Presto software?For their data analysts to do interactive searches on its sizable data warehouse in Apache Hadoop, Face-book, Inc. (later renamed Meta), the company that gave rise to Presto, originally built and developed it. Eric Hwang, David Phillips, Dain Sundstrom, and Martin Traverso were the first four programmers.
Who or what uses Presto?Presto is an open source, distributed SQL query engine made for quick, interactive searches on data in HDFS and other places. It lacks its own storage system, in contrast to Hadoop/HDFS. As a result, Hadoop and Presto complement each other, and businesses often use both to address more complex business problems.
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if the founders of a bank have sold $100,000 worth of shares of stock, some to themselves and some to other people, the balance sheet will read
The selling of $100, 000 worth of shares of stock by the founders of a bank would lead to the balance sheet reading:
Assets ( Cash ) = $100, 000Liabilities and Net Worth ( Stock ) - $100, 000How does the balance sheet change with stock issuance?When stocks are issued, the result would be that cash would increase by the amount that the stock was sold for, which in this case is $100, 000. As cash is an asset, then assets will increase.
Liabilities and Net Worth would also increase by the amount the stock was sold for. This is because in the balance sheet, shares fall under the Liabilities and Net Worth of the company.
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Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $41,700; accounts payable, $29,700; merchandise inventory, $15,700; Joe Ryan, capital, $49,400; and equipment, $21,700.
Long Print Shop
Balance sheet for the year ended December 31, 2020
Amount in $ Amount in $
Assets
Non-current asset
Equipment 21,700
Current assets
Merchandise inventory 15,700
Cash 41,700
Total current assets 57,400
Total assets 79,100
Liabilities
Accounts payable 29,700
Total liabilities 29,700
Equity
Capital 49,400
Total equity 49,400
Total liabilities and equity 79,100
This balance sheet shows the relation between the two quantities in a business which are assets and liabilities. It can be represented by an equation which is:
Assets = Equity + Liability
Assets include fixed assets, cash, inventories, and account receivables, etc, liabilities include accounts payable, loans payable, accrued expenses, etc.
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Which of the following statements is (are) true regarding the sales activity variance?
A) The sales activity variance is the actual selling price per unit times the difference between the budgeted units and actual units.
B) If the sales activity variance for sales revenue is unfavorable, then the contribution margin sales activity variances will be unfavorable.
a. Only A is true
b. Only B is true
c. Neither A and B is true
d. Both A and B are true
the sales activity variance If the sales activity variance for sales revenue is unfavorable, then the contribution margin sales activity variances will be unfavorable. so only option b is true.
What Does Sales Revenue Mean?The terms revenue and sales revenue are sometimes used synonymously. However, the concept of revenue includes income derived from sources other than those directly connected to the primary business, such as interest on savings or money distributed as dividends. Revenue comprises income derived from the sale of goods and services. The classification of this is "non-operating income." According to 81% of CFOs who responded to Brainyard's State of the CFO survey, KPIs that measure revenue, income, and sales growth are the most crucial. The basis of the income statement and the primary determinant of a company's profitability is the accurate tracking of sales revenue.
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this term is used to state the quoted value of a bond but does not include the value of any accrued interest that bondholders would earn.
The term "clean price" refers to the quoted value of a bond that excludes any accrued interest.
What are bonds?Bonds are issued by governments and enterprises in order to raise funds. By purchasing a bond, you are making a loan to the issuer, and they pledge to pay you back the face value of the loan on a particular date, as well as periodic interest payments along the way, usually twice a year.
When you own bonds in your portfolio, you can gain two potential benefits: They provide a steady stream of income while mitigating some of the risk associated with stock ownership.
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one major reason a candidate might turn down the fec subsidy is because candidates who receive subsidies. t/f
One major reason a candidate might turn down the FEC subsidy is that candidates who receive subsidies option a, cannot spend an unlimited amount of money on their campaign.
FEC subsidy or FEC funding is managed by Financial Election Commission. It was established in 1974 to enforce campaign finance law in the elections in the United States. It discloses information about election finances and ensures legal limits and prohibitions on contributions and public funding for the election. It decides the criteria of which taxpayers can donate and how much they can donate.
One major reason a candidate might turn down the FEC subsidy is that candidates who receive subsidies has restricted to spending only a limited amount of money on their campaign. They cannot accept private contributions as well which restricts their expenditure on campaigns.
More options to the questions are
a. cannot spend unlimited amounts of money on their campaign
b. cannot accept donations from individuals or groups
c. must use campaign donations to pay back subsidies
d. must keep detailed records of their expenses and disclose how much they spend
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best silo storage applies for a business loan from county credit union. to help best silo get the loan so that it will be able to stay in business and fulfill a deal it has made with her, dakota promises the credit union's loan officer that she will repay the loan if best silo does not. to be enforceable, dakota's promise
Dakota's promise need not be in writing.
Credit risk arises from the ability that a borrower or counterparty will fail to perform on an responsibility. For most banks, loans are the biggest and maximum apparent source of credit score chance. There are different resources of credit hazard both on and off the balance sheet.
Credit risk is defined as the ability loss bobbing up from a financial institution borrower or counterparty failing to fulfill its responsibilities according with the agreed terms.
The system weighs five characteristics of the borrower and conditions of the loan, trying to estimate the risk of default and, consequently, the hazard of a monetary loss for the lender.
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a misunderstanding concerning a basic assumption on which a contract is made will support the rescission of the deal if the mistake is (fill in the blank).
a misunderstanding concerning a basic assumption on which a contract is made will support the rescission of the deal if the mistake is bilateral.
What is rescission, exactly?Rescission is an equitable remedy in contract law that enables a contractual party to break the agreement. In the case of a vitiating circumstance, such as misrepresentation, error, coercion, or undue influence, the parties may withdraw their agreement. A transaction can be rescinded. This is done to return the parties to their pre-contractual state as closely as feasible (the status quo ante).
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During the Intro stage, pricing a product high is known as BLANK and pricing a product low is called BLANK
During the Intro stage, pricing a product high is known as "Skimming" and pricing a product low is called "Penetration Pricing."
What do we mean by Skimming?
Skimming is a strategy for strategic, selective reading that focuses on the main ideas of a text. Skim text that contains details, stories, data, or other elaboration when skimming. Skimming is a method of reading or glancing over a text quickly to get the main points or ideas rather than reading it thoroughly. It is a useful technique for quickly reviewing large amounts of information or for getting a high-level overview of a text before reading it in its entirety.
Also penetration pricing strategy involves offering a new product or service at a low initial price to gain customers' attention.
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37)quality chairs inc. (qc) manufactures chairs for industrial use. laura winters, the vice president for marketing at qc, concluded from market analysis that sales were dwindling for qc's standard three-foot chair due to aggressive pricing by competitors. qc's chairs sold for $550 whereas the competition's comparable chair was selling for $495. winters determined that a price drop to $495 would be necessary to regain market share and reach a targeted annual sales level of 10,000 chairs. cost data based on sales of 10,000 chairs:
Budgeted Quantity Actual Quantity Actual Cost
Direct materials (board feet) 88,500 80,000 $ 1,252,500 Direct labor (hours) 71,600 74,025 875,500 Machine hours (hours) 11,650 11,500 250,500 Finishing and packing (hours) 6,750 6,650 125,500 If the profit per unit is maintained, the target cost per unit is:
Multiple Choice
$81.
$171.
$181.
$276.
$226.
If the profit per unit is maintained, the target cost per unit is $171.
Cost per unit= ($1251500+ $875500+ $250500+$125500)/10000
= $250.40
New selling price= $570
New cost per unit= new selling price - profit per unit
= $570- $399.6
= $170.4
Profit per unit- The amount of profit we make per unit sold is referred to as per-unit profit.
Profit Per Item Calculation
Once you've determined your cost per product, you can calculate your profit on each item. Subtract the product's cost from the item's sale price. For example, if you sell an item for $40 and your company spends $22, your profit per unit is $18.
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ebook question content area product pricing using the cost-plus approach concepts; differential analysis report for accepting additional business twilight lumina company recently began production of a new product, the halogen light, which required an investment of $1,200,000 in assets. the costs of producing and selling 20,000 halogen lights are estimated as follows
The costs of production and selling 20,000 halogen lights are and Desired profit is $240000.
Cost of production is the overall cost incurred by a business to either produce a product or offer their offerings. manufacturing charges commonly encompass elements and raw materials which might be ate up during production, together with hard work fees.
Production costs seek advice from all of the direct and indirect costs organizations face from manufacturing a product or providing a carrier.
Production costs can include a ramification of prices, together with exertions, raw materials, consumable manufacturing resources, and wellknown overhead.
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beta electronics issued 100,000 shares of no-par common stock at $2.50 per share. what is the journal entry to record this transaction?
The journal entry to record this transaction: outstanding stock.
A journal entry is an act of maintaining or making information about any transactions either monetary or non-economic. Transactions are listed in an accounting journal that shows a company's debit and credit score balances. The journal access can encompass numerous recordings, each of which is either a debit or a credit score.
An instance of magazine access includes the purchase of equipment by us in which the equipment account may be debited, and the coins account could be credited. Every journal entry consists of the facts big to an unmarried commercial enterprise transaction, inclusive of the date, the amount to be credited and debited, a quick description of the transaction, and the money owed affected. relying on the organization, it is able to list affected subsidiaries, tax details, and different statistics.
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what is the idea that once a trend has been picked up by mass consumers the trend setter can no longer like it without being associated with the masses, thus they move on to the next thing?
It is to be noted that the idea that once a trend has been picked up by mass consumers the trendsetter can no longer like it without being associated with the masses, thus they move on to the next thing is called the "cycle of cool".
Who coined the term the cycle of cool?Doug Rushkoff created the phrase "Cycle of Cool." According to him, once a "cool" object gets adopted by the masses, it ceases to be cool since it no longer allows individuals to experience a feeling of uniqueness. Trendsetters move on to the next fashionable item, ensuring that the definition of "cool" remains fluid.
Doug Rushkoff wonders in Merchants of Cool, a documentary exploring the dynamics of cool and culture in the early 2000s, "Is the media truly reflecting the reality of adolescents, or is it the other way around?"
He is impressed by a group of 13-year-olds who suddenly burst into sexually charged dances for his camera team as soon as they began recording "as if to sell back to us, the media, what we had marketed to them." He referred to it as "the feedback loop."
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